Professional Documents
Culture Documents
Daftar Isi
Table of Content
Ikhtisar Keuangan
01
Ikhtisar Keuangan
Financial Highlights
44
Penerapan GCG
GCG Implementation
02
Grafik Pertumbuhan
Graphs of Growth
45
04
46
05
Transaksi Saham
Share Transaction
47
Dewan Komisaris
Board of Commissioners
06
Laporan Komisaris
Commissioners Report
48 Direksi
Board of Directors
08
Laporan Direksi
Directors Report
49
Financial Highlights
Kilas Arwana
Arwana in Brief
12
Profil Perusahaan
Company Profile
14
Produk Perusahaan
The Companys Products
16
17
18
19
Struktur Organisasi
Organization Structure
20
21
Profil Direksi
The Board of Directors Profile
22
23
26 Penghargaan-penghargaan
Recognition and Awards
50 Komite-komite
Committees
53
55
Sekretaris Perusahaan
Corporate Secretary
56
58
Manajemen Risiko
Risk Management
61
62
Panduan-panduan
Handbooks
63
Etika Perusahaan
Business Ethics
65
67
68
27
28
70
73
76
Kepatuhan Produk
Product Compliance
Tinjauan Operasional
Operational Review
36
37
Prospek Usaha
Business Prospects
39
Aspek Pemasaran
Marketing Aspect
41
Kebijakan Dividen
Dividend Policy
42
42
Kebijakan Akuntansi
Accounting Policy
Laporan Keuangan
Financial Statements
78
79
IkhtisarKeuangan
Keuangan
Ikhtisar
Financial
FinancialHighlights
Highlights
Financial Highlights
2007
2008
2009
2010
2011
Years Ended
31st December
Penjualan Bersih
506.980
647.126
714.062
830.184
922.685
Net Sales
Laba Kotor
157.280
198.269
212.719
264.288
285.803
Gross Profit
Laba Usaha
95.6 75
114.578
126.076
147.146
148.972
23.803
26.376
35.005
31.201
19.514
63.088
79.074
90.887
107.737
129.918
Beban Pajak
18.830
23.853
25.849
27.623
33.968
117.462
146.005
169.178
189.029
200.515
EBITDA
43.433
54.290
63.888
79.040
94.734
Net Income
47
59
35
43
52
917.678.872
917.678.872
Aset Lancar
144.429
199.226
205.033
298.437
261.066
Current Assets
486.158
536.865
617.654
574.717
570.442
Non-Current Assets
Jumlah Aset
630.587
736.091
822.687
873.154
831.508
Total Assets
Kewajiban Lancar
188.338
263.278
258.756
307.160
257.011
Current Liabilities
205.006
184.939
215.606
150.934
91.323
Non-current Liabilities
Jumlah Kewajiban
393.344
448.217
474.362
458.094
348.334
Total Liabilities
Minority Interests in Net Assets Of Consolidated
Subsidiaries
3.724
4.654
5.803
6.346
7.256
Saldo Laba
141.519
191.221
250.521
316.714
383.917
Retained Earnings
Ekuitas Bersih
237.243
287.875
348.324
415.060
483.173
(43.909)
(64.052)
(53.723)
(8.723)
4.055
76.940
91.170
87.986
115.491
156.334
(77.353)
(50.662)
(16.052)
(7.972)
(22.241)
4401
(35.918)
(79.642)
(69.843)
(151.629)
Rasio Usaha
Operating Ratios
31%
30%
32%
19%
18%
18%
18%
16%
Operating Margin
9%
8%
9%
10%
10%
18%
19%
18%
19%
20%
Return on Equity
7%
7%
8%
9%
11%
Return on Assets
Rasio Keuangan
Keterangan Gambar
Rasio Lancar Keterangan Gambar
Kewajiban terhadap Ekuitas
Financial Ratio
77%
76%
79%
97%
102%
Current Ratio
166%
156%
136%
110%
72%
83%
95%
78%
66%
33%
Gearing Ratio
62%
61%
58%
52%
42%
31%
31%
Grafik Pertumbuhan
Graph of Growth
07
08
09
10
11
11%
16%
28%
Penjualan Bersih
Net Sales
507,0
07
647,1
08
10%
714,1
830,2
09
10
24%
Laba Kotor
Gross Profit
922,7
11
8%
26%
7%
157,3
198,3
212,7
264,3
285,8
07
08
09
10
11
20%
24%
25%
Laba Bersih
Net Income
43,4
54,3
18%
63,9
79,0
94,7
07
08
09
10
6%
17%
12%
11
5%
630,6
736,1
822,7
873,2
831,5
07
08
09
10
11
Jumlah Aset
Total Assets
6%
3%
14%
24%
393,3
07
448,2
08
474,3
458,1
09
10
19%
348,3
Jumlah Kewajiban
Total Liabilities
11
16%
21%
21%
237,2
287,9
348,3
415,1
483,2
Ekuitas Bersih
Net Stockholders Equity
Grafik Pergerakan
Harga Saham
ARNA
IHSG
4500
1.4%
365
2.9%
350
-5.5%
360
22.8%
345
0%
350
345
6.2%
0%
1.4%
4.4%
365
360
345
4000
4.131
3.8%
3.820
300
0.5%
6.0%
3.679
3.837
3.822
3.791
-2.0%
285
-3.6%
280
250
3.889
2.9%
6.8%
3.841
5.6%
12.0%
250
-7.0%
1.4%
3.715
270
-7.6%
3500
3.549
1.8%
3.470
3.409
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
450
400
350
300
250
VOLUME
50 M
25 M
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Share Transaction
Tahun / Year
Triwulan / Quarter
Dec
Volume
2010
I
II
2011
III
IV
II
III
IV
240
265
345
335
285
390
450
370
136
190
230
260
250
265
290
280
Penutupan / Closing
215
235
315
290
270
360
345
365
Transaksi Saham
Share Transaction
Frekuensi (kali)
Frequency (times)
Volume Transaksi
Transaction Volume
2010
I
621
16.476.500
2.848.552.000
II
604
6.390.500
1.471.405.000
III
1.125
40.636.000
12.545.142.500
IV
3.333
75.286.000
23.250.307.500
Total
5.683
138.789.000
40.115.407.000
2011
I
1.621
20.154.000
5.332.077.500
II
8.246
137.235.000
48.102.542.500
III
18.164
416.952.000
156.382.555.000
IV
6.351
43.351.500
14.244.932.500
Total
34.382
617.692.500
224.062.107.500
2011
345
450
136
250
290
365
1.835.357.744
1.835.357.744
138.789.000
617.692.500
5.683
34.382
40.115.407.000
224.062.107.500
532.253.745.760
669.905.576.560
43
52
6,7
7,0
1,3
1,4
*) Dihitung berdasarkan jumlah rata-rata tertimbang saham yang beredar selama tahun yang bersangkutan.
*) Computed based on weighted average of outstanding share for the year.
5
Annual Report 2011
Laporan
Komisaris
Commissioners Report
6
PT Arwana Citramulia Tbk
Dear Shareholders,
Laporan
Direksi
Directors Report
8
PT Arwana Citramulia Tbk
Dear Shareholders,
This growth was purely sustained by innovation of high valueadded products, improved product quality and breakthrough
sales outside the Java island which was able to increase
the sales price. On the other hand, the manufacturing cost
increased significantly, partly due to increase in electricity
expense due to the elimination of electricity rate caps in early
2011, a 36.0% increase in LNG price in the third quarter of
2011, and price rise in glazing raw material. At the same time,
the satisfactory application of good corporate governance in
financial management with low interest rates have reduced the
interest expense significantly in 2011 such that the net profit
margin reached the highest level of 10.3%.
Para Pemimpin dari semua unit kerja berkewajiban menjadi suri tauladan,
menjadi contoh dalam berperilaku
9
Annual Report 2011
10
PT Arwana Citramulia Tbk
Kilas Arwana
Arwana in Brief
11
Annual Report 2011
Profil
Perusahaan
Company Profile
12
PT Arwana Citramulia Tbk
Nama :
PT Arwana Citramulia Tbk
Name :
PT Arwana Citramulia Tbk
Bidang Usaha :
Perusahaan Industri Keramik
Business Field :
Perusahaan Industri Keramik
Pemilik :
13,6% Dimiliki oleh Pendiri Perusahaan
86,4% Dimiliki oleh Publik
Owner :
13.6% Company Founder Ownership
86.4% Public Ownership
Tanggal Pendirian :
22 Februari 1993
Date Founded :
February 22, 1993
Modal Dasar :
Modal dasar 3.000.000.000 lembar saham dengan nilai nominal
Rp50 per saham pada tahun 2011
Authorized Capital :
Authorized 3,000,000,000 shares with a nominal value
of Rp50 per share in 2011
Kantor Pusat :
Sentra Niaga Puri Indah Blok T2 No.24,
Kembangan Selatan - Jakarta 11610
Ph
: +62-21-58302363
Fax
: +62-21-58302361
Email : info@arwanacitra.com
Website : www.arwanacitra.com
Layanan Pelanggan :
0800.1. A R W A N A (bebas pulsa)
2 7 9 2 6 2
Head Office :
Sentra Niaga Puri Indah Blok T2 No.24,
Kembangan Selatan - Jakarta 11610
Ph
: +62-21-58302363
Fax
: +62-21-58302361
Email : info@arwanacitra.com
Website : www.arwanacitra.com
Customer Care :
0800.1. A R W A N A (toll free)
2 7 9 2 6 2
13
Annual Report 2011
Di Arwana, manajemen puncak terus melakukan perbaikanperbaikan dari waktu ke waktu. Manajemen secara konsisten
memasukkan pola pikir pentingnya menghargai setiap detik
waktu operasional. Manajemen memberikan pelatihan-pelatihan
bagi karyawan untuk menunjukkan bagaimana proses perbaikan
dalam hitungan menit dapat memberi sumbangan bagi kinerja
perusahaan di akhir tahun.
Produk Perusahaan
The Companys Products
14
Pertumbuhan Perusahaan yang signifikan selama bertahuntahun tentunya didukung oleh inovasi dan komitmen perusahaan
di dalam peremajaan permesinan dan pengembangan teknologi.
Teknologi dalam hal pembentukan body, penanganan, proses
pelapisan glazur dan pengujian keramik terus dikembangkan. Di
masa lalu, produk keramik hanya tersedia dalam beberapa motif
dan ukuran. Namun saat ini, produk keramik dapat dijumpai dalam
berbagai pilihan baru yang indah, dimungkinkan oleh kemajuan
teknologi baru. Pada tahun 2011, desain baru diperkenalkan
di pasar untuk memenuhi selera dan pilihan konsumen yang
selalu berubah. Motif-motifnya adalah: Embossed, Marmer, Plain,
Granity, Strata, Rustic, Fancy Wood dan Fancy Dekorasi. Semua
produk dijual kepada aneka konsumen yang luas dengan merek
Arwana Ceramic Tiles.
The ability to produce larger size tiles also increases. The most
common sizes for ceramic tile are 20cm x 20cm and 30cm x
30cm. Although this is still the most popular size used today,
varied tile sizes are also available. The current trend has tile
growing in size to 40cm x 40cm. While tiles have been growing
in size, they have also changed their shapes. Rectangular tiles,
such as the subway tiles of 20cm x 25cm for wall tiles, have
been around. Another type of ceramic tile, namely wall tile, has
been developed albeit from a small basis.
Kapasitas &
Hasil Produksi
Tahun Buku
F cal Year
Fis
Y
95
96
97
98
99
00
01
02
03
04
05
06
07
08
09
10
11
2,88
2,88
2,88
3,15
3,15
3,15
3,15
3,15
3,15
3,15
3,15
3,15
3,15
3,15
3,78
3,780 3,780
4,50
4,50
4,50
4,50
4,50
4,50
4,50
5,76
5,76
5,76
5,76
5,76
5,76
5,940 6,192
5,18
5,18
5,18
5,62
5,796 5,796
5,00
5,00
5,62
5,400 7,200
Kapasitas Produksi
Production Capacity
Plant I
Plant IIA
Plant IIB
Plant IIC
Plant IIIA
3,60
3,60
3,60
Plant IIIB
16
Plant IIIC
Jumlah Kapasitas
Total Capacity*
3,60
3,60
3,60
3,60
5,04
4,680 4,752
4,68
4,68
4,68
4,68
4,68
5,040 5,220
7,56
7,560 7,920
2,88
2,88
7,38
7,65
7,65
7,65
7,65
2,68
4,21
3,35
5,18
5,93
6,49
10,27 10,28 11,90 15,75 17,10 23,28 27,40 30,00 36,143 37,348
Vision
Misi
Mission
17
Annual Report 2011
Uraian: Visi ini tercipta karena adanya hasrat yang ideal yang
ingin diperjuangkan oleh pendiri Perusahaan, serta merupakan
komitmen kepada masyarakat. Menjadi Perusahaan yang
terbaik tidak sekedar dilihat dari sudut bisnis, tetapi juga
meliputi tanggung jawab sosial sebagai perusahaan yang
diakui keberadaanya dan dapat dipercaya oleh para pemangku
kepentingan dan masyarakat luas. Sistem operasional kami dijiwai
oleh semangat daya cipta serta mengutamakan cara pemikiran
dan praktek yang inovatif. Pendekatan berdaya cipta dan inovatif
dalam meningkatkan nilai-nilai perusahaan yang luhur akan
dihargai oleh dunia bisnis dan masyarakat sekitar.
Nilai-nilai
Perusahaan
Corporate Values
Shareholder Value
Our business must generate superior returns on the assets entrusted
to us by our shareholders. We will ensure our success by producing
profits and increasing shareholder value.
Kepuasan Pelanggan
Memenuhi kepuasan pelanggan merupakan tujuan mutu
kami. Kami bekerja keras untuk terus menerus memperbaiki
kualitas dalam semua pekerjaan kami, meningkatkan kepuasan
pelanggan dengan memahami apa yang pelanggan inginkan
serta menyerahkannya dengan tidak bercacat.
Customer Satisfaction
The pursuit of customer satisfaction is our quality objective. We
strive for continuous quality improvement in all we do, and achieve
enhanced customer satisfaction by understanding what the
customer wants and delivering it flawlessly.
Kerja-sama Tim
Kami menghargai berbagai macam bakat dan kreativitas
setiap karyawan untuk ikut terlibat dalam mencapai tujuan
Perusahaan. Kami bangga terhadap kontribusi yang datang dari
berbagai gagasan.
Teamwork
We value the diverse talents and creativity of every employee to get
involved in achieving the Companys objectives. We take pride in the
contributions that come from the diversity of ideas.
Integritas
Kami masing-masing membawa nilai-nilai individu ke tempat
kerja yang mengarah pada pemenuhan standar etika tertinggi
dalam setiap aspek pekerjaan, termasuk kejujuran dan keadilan.
Kami secara pribadi bertanggung jawab atas tindakan kami, dan
berlaku sopan dan hormat terhadap setiap orang.
Integrity
Each of us brings to the workplace personal values which guide
us to meet the highest ethical standards in all aspects of our work,
including honesty and fairness. We will take personal responsibility
for our actions, and treat everyone with respect and well mannered.
18
PT Arwana Citramulia Tbk
Struktur Organisasi
Organization Structure
Dewan Komisaris
(Board of Commissioners)
Theresia Yustina Ariany, SH
Hadi Purnama Widjaja
Donisius Iliadi, BBA
Komite Audit
Komite Remunerasi
(Audit Committee)
(Remuneration Committee)
Ketua (Chairman) :
Donisius Iliadi, BBA
Ketua (Chairman) :
Theresia Yustina Ariany, SH
Chief Executive
(C.E.)
Tandean Rustandy, MBA
Corporate Secretary
(C.S.)
(C.F.O.)
(C.O.O.)
Edy Suyanto, SE
Penasihat Teknik
(Technical Advisor)
Mariano Maino
19
V.P. Operasional
(V.P. Marketing)
(V.P. Operation)
Renny A. Sandi, SE
V.P. Pemasaran
Began her career in 1977 when she worked with Notary Public
Wiratni Ahmadi, SH, in Bandung. She completed her education
in Law Faculty from Tanjungpura University, Pontianak in 1973,
and majoring in Notary from Padjajaran University, Bandung, in
1978. She serves as President Commissioner of the Company since
January 5, 2007.
20
PT Arwana Citramulia Tbk
Profil Direksi
Edy Suyanto, SE
Chief Operating Officer
Menjabat Direktur Operasional Perusahaan sejak 5 Januari
2007. Meniti karir dari management trainee, dan mencapai
posisi saat ini setelah memberikan bukti keberhasilan. Meraih
gelar Sarjana Ekonomi (SE) dalam Ilmu Ekonomi dari Universitas
Tarumanagara, Jakarta. Berperan aktif di Asosiasi Aneka Industri
Keramik Indonesia (ASAKI) dan pada tanggal 31 Juli 2009 terpilih
sebagai Wakil Ketua Umum ASAKI untuk masa bakti 2009-2012.
21
Informasi
Informasi Anak
Anak Perusahaan
Perusahaan
Information
Information on
on Subsidiary
Subsidiary
Tahun
TahunAwal
Awal
Operasi
Operasi
Start
Startof
of
Commercial
Commercial
Tahun
Awal
Operation
Operation
Operasi
Start of
Commercial
Operation
1997
1997
Tahun
Tahun
Penyertaan
Penyertaan
Investing
Investing
Year
Year
Tahun
Penyertaan
Investing
Year
2000
2000
Kepemilikan
Kepemilikan
Saham
Saham
Share
Share
Ownership
Ownership
Kepemilikan
Saham
Share
Ownership
99,90%
99,90%
1. PT Arwana
Serang, Banten
Nuansakeramik
2.
2. PT
PT
Sinar
SinarKarya
Karya
Duta
DutaAbadi
Abadi
Gresik,
Gresik,Jawa
JawaTimur
Timur
1997
2002
2002
2000
2001
2001
99,90%
99,89%
99,89%
2. PT Sinar Karya
Duta
Abadi
3.
3. PT
PT
Primagraha
Primagraha
Keramindo
Keramindo
2002
1995
1995
2001
2001
2001
99,89%
65,00%
65,00%
1995
2001
65,00%
Perusahaan
Perusahaan
Company
CompanyName
Name
Nama
Perusahaan
Company Name
1.
1. PT
PTArwana
Arwana
Nuansakeramik
Nuansakeramik
3. PT Primagraha
Keramindo
Perusahaan
Perusahaan
Company
CompanyLocation
Location
Bidang
Bidang
Usaha
Usaha
Core
CoreBusiness
Business
Lokasi
Bidang
Perusahaan
Usaha
Company Location
Core Business
Industri
IndustriKeramik
Keramik
Serang,
Serang,Banten
Banten
Ceramic
Ceramic
Manufacturer
Manufacturer
Industri Keramik
Ceramic
Industri
Industri
Keramik
Keramik
Manufacturer
Ceramic
Ceramic
Manufacturer
Manufacturer
Industri Keramik
Industri
Keramik
Keramik
Ceramic
Gresik, Jawa Timur Industri
Manufacturer
Ceramic
Ceramic
Puri
PuriIndah,
Indah,Jakarta
Jakarta
Manufacturer
Manufacturer
Industri Keramik
Ceramic
Puri Indah, Jakarta
Manufacturer
Alamat
Alamat // Address
Address
1.1.PT
PTArwana
Arwana
Nuansakeramik
Nuansakeramik
2.2.PT
PTSinar
SinarKarya
Karya
1. PT Arwana
Duta
DutaAbadi
Abadi
Nuansakeramik
3.3.PT
PTPrimagraha
Primagraha
2. PT Sinar Karya
Keramindo
Keramindo
Duta Abadi
3. PT Primagraha
Keramindo
Jl.
Jl.Raya
RayaGorda
GordaDesa
DesaKibin
KibinKm
Km69
69--Serang
Serang Banten,
Banten,42185
42185
Alamat / Address
Jl.
Jl.Wringin
WringinAnom
AnomRaya
RayaKm.
Km.33,9
33,9--Gresik
GresikJawa
JawaTimur,
Timur, 61176
61176
Jl. Raya Gorda Desa Kibin Km 69 - Serang Banten, 42185
Sentra
SentraNiaga
NiagaPuri
PuriIndah
IndahBlok
BlokT5
T5No.16-17
No.16-17Kembangan
KembanganSelatan
SelatanJakarta,
Jakarta,11610
11610
Jl. Wringin Anom Raya Km. 33,9 - Gresik Jawa Timur, 61176
Sentra Niaga Puri Indah Blok T5 No.16-17 Kembangan Selatan Jakarta, 11610
22
PT Arwana Citramulia Tbk
Taman Kolam dalam Pabrik di Plant III
Pool Garden at Plant III
Pengelolaan
Sumber Daya Manusia
Human Resource Management
23
Annual Report 2011
Pelatihan Kepemimpinan
Leadership Trainning
Direksi / Directors
0,1
0,2
Vice President
0,2
0,2
11
0,7
13
0,7
0,1
Manajer / Managers
Wakil Manajer / Assistant Managers
Kabag / Head of Department
37
2,1
27
1,5
0,4
17
0,9
Kasubsi / Supervisors
50
6,2
112
6,4
Karegu / Supervisors
149
9,1
169
9,5
1.321
81,0
1.430
81,5
Jumlah / Total
1.631
100,0
1.776
100,0
0,4
0,3
167
10,2
164
9,2
Diploma / Undergraduate
55
3,4
58
3,3
1.168
71,6
1.347
75,8
235
14,4
201
11,3
1.631
100,0
1.776
100,0
24
25
Annual Report 2011
Penghargaanpenghargaan
Penghargaan Industri Hijau diserahkan oleh Presiden R.I. Dr. H. Susilo Bambang Yudhoyono
Green Industry Award submitted by the President R.I. Dr. H. Susilo Bambang Yudhoyono
26
PT Arwana Citramulia Tbk
Composition of Shareholders
Pemegang Saham
Jumlah Saham
Shareholders
Number of
Share
Persentase
Kepemilikan
Percentage of
Ownership
255.000.000
13,9%
457.500.000
25,0%
315.000.000
17,1%
262.664.380
14,3%
545.193.364
29,7%
1.835.357.744
100,0%
Lain-lain ( kepemilikan kurang dari 5%) / Others (ownership less than 5%)
Jumlah / Total
Jumlah Saham
Number of
Share
Persentase
Kepemilikan
Percentage of
Ownership
Edy Suyanto, SE
27
Theresia Yustina Ariany, SH
28
PT Arwana Citramulia Tbk
Analisis dan
Pembahasan Manajemen
Managements Analysis and Review
Tinjauan Operasional
Operational Review
Keuangan
Kinerja Keuangan
Financial Performance
Ke erangan
Ket
2011
2010
Pendapatan
922.685
830.184
11,1%
Laba Kotor
285.803
264.288
8,1%
Laba Usaha
148.972
147.146
Laba Bersih
94.734
79.040
19,9%
Net Income
200.515
189.029
6,1%
EBITDA
EBITD
DA
52
43
19,9%
E
Earning
Per Share
r
re
EBITDA
Laba Bersih per Saham
Kenaikan/
k
kan/
Increase
r
rease
1,2%
Descriptions
Reve
v nues
ve
Income
ome ffrom Operations
r
rations
Kinerja Operasi
Operational Performance
Keterangan
2011
2010
Kenaikan/
Increase
Penjualan
37.863
34.991
8,2%
Produksi
37.349
36.143
3,3%
Operasi
Descriptions
Sales
Production
2
(dalam ribuan
ibuan m //in thousand m 2 )
30
PT Arwana Citramulia Tbk
Volum
07
08
09
10
17,3%
11
07
08
09
10
11
26.395
11.468
Total net sales for the Company was recorded at Rp. 922.69
billion, exceeding prior years sales figures by 11.1%. The
increase in revenue was attributed to nothing other than
increase in sales quantity by 8.0%, while average sales price
increased by 3.6%.
25.663
9.328
22.364
7.474
Net Sales
20.504
6.614
Penjualan Bersih
8,2%
10,0%
Volume Penjualan
Sales Volume
Java
Outside
Java
Dalam Jutaan m2
In Million m2
18.009
5.281
37.863
34.991
29.838
27.118
23.290
16,4%
31
Annual Report 2011
Peresmian Plant IIC Extention oleh Menko Ekuin M. Hatta Radjasa, 1 April 2011
Inauguration of Plant IIC Extention by Coordinating Minister for Economic Affairs M. Hatta Radjasa, April 1, 2011
Laba Kotor
Gross Profit
Beban Usaha
Operating Expenses
Keterangan
2011
Penjualan
2010
88.558
18,7%
Selling
31.742
28.583
11,1%
136.831
117.141
16,8%
105.089
Descriptions
Kenaikan /
Increase
Total
(dalam jutaan Rupiah / in million Rupiah)
19,1%
08
09
10
11
16,1%
07
17,7%
11
17,7%
10
17,8%
09
31,0%
08
31,8%
07
29,8%
30,7%
Operating Profit
Pada tahun 2011, laba usaha sebesar Rp. 148,97 miliar, naik
1,2% dibanding tahun 2010. Marjin laba usaha dapat mencapai
16,2%, menurun dibanding dengan tahun sebelumnya sebesar
17,7% karena beban usaha mangalami kenaikan.
31,0%
Laba Usaha
32
PT Arwana Citramulia Tbk
09
10
11
10,3%
08
8,9%
07
9,5%
In 2011, profit after tax was Rp. 94.73 billion, increased by 19.9%
compared to the 2010 figure of Rp. 79.04 million. Included in the
2011 income statements were selling expense of Rp. 105.09 billion
and finance cost of Rp. 20.63 billion that increased by 18.7% while
finance cost decreased 39.3%.
8,4%
Net income
Pada tahun 2011, laba bersih setelah pajak adalah Rp. 94,73 miliar, naik
19,9% dibanding tahun 2010 sebesar Rp. 79,04 miliar. Termasuk pada
perhitungan laba-rugi tahun 2011 adalah beban penjualan sebesar
Rp. 105,09 miliar dan beban keuangan sebesar Rp. 20,63 miliar, beban
penjualan meningkat 18,7% sedangkan beban keuangan menurun
39,3%.
8,6%
Laba Bersih
33
Assets
Jumlah aset pada tahun 2011 sebesar Rp. 831,51 miliar mengalami
penurunan sebesar 4,8% dibanding dengan tahun sebelumnya.
Hal ini disebabkan penurunan umur persediaan barang jadi dan
pelunasan hutang bank.
Aset
Kewajiban
Liabilities
Kewajiban Lancar
Current Liabilities
Keterangan
2011
Porsi /
Portion
(%)
2010
Porsi /
Portion
(%)
Kenaikan
/Increase
(%)
Descriptions
14.511
5,6
76.991
25,1
(81,2)
Hutang usaha
90.436
35,2
96.697
31,5
(6,5)
Trade payables
396
0,2
10.217
3,3
(96,1)
Other payables
52.313
20,4
51.577
16,8
1,4
Accured expenses
Hutang pajak
11.847
4,6
11.977
3,9
(1,1)
Taxes payable
Hutang lain-lain
87.508
34,0
59.701
19,4
46,6
Current maturity of
long-term debt
257.011
100,0
307.160
100,0
(16,3)
Total
(dalam jutaan Rupiah/in million Rupiah)
34
Porsi /
Portion
(%)
2010
Porsi / Kenaikan
Portion / Increase
(%)
(%)
Descriptions
74.191
81,2
136.693
90,6
(45,7)
Long-term debt-net of
current maturities
131
0,2
664
0,4
(80,3)
Due to suppliers
17.002
18,6
13.577
9,0
25,2
Jumlah
91.324
100,0
150.934
100,0
(39,5)
Total
(dalam jutaan Rupiah/in million Rupiah)
Ekuitas
Equity
Total equity of the Company in 2011 was Rp. 483.17, increased
by 16.4%. This increment mostly due to increase in retained
earnings of 21.2% after deduction of cash dividends of Rp. 27.84
billion.
Keterangan
2011
Modal saham
Porsi /Portion
(%)
2010
Porsi /Portion
(%)
Kenaikan
/Increase
(%)
91.768
19,28
91.768
22,45
402
0,09
402
0,10
(170)
(0,04)
(170)
(0,04)
80,67
316.714
383.917
Jumlah
475.917
100,0
408.714
77,49
100,0
Descriptions
Capital Stock
Additional paid in capital net
Difference arising from
restructuring
transactions of
entities under common control
21,2
Retained Earnings
16,4
Total
Solvency
2011
2010
Descriptions
0,72
1,10
0,77
1,23
10,28
6,06
35
Annual Report 2011
36
PT Arwana Citramulia Tbk
Reporting Currency
Subsequent events
Prospek Usaha
Business Prospects
37
Annual Report 2011
1150
1100
1050
1000
950
900
850
800
2004
2005
2006
2007
2008
2009
2010
2011
1000
922
900
800
830
700
38
600
500
714
647
507
400
300
309
200
100
0
193
2003
345
217
2004
2005
2006
2007
2008
2009
2010
2011
Aspek Pemasaran
Marketing Aspect
Focus on medium-low segment.
Medium-low market is the largest market in Indonesia.
Therefore, the Company has consistently and continuously
produced products that are intended for this market so that the
market share of Arwana will be increasing.
Development of distribution network.
Distribution is very important in marketing a product;
therefore, to increase the distribution coverage, the Company
has continuously extending the distribution network by
opening new areas, especially areas outside Java Island so
that the product is highly available and easily obtained by the
consumer in the market.
Market-oriented products.
The Company manufactures the ceramic products based on
market demand and existing trends. To carry out that all, the
marketing team of the company continued to take direct trip to
the market to monitor directly the developments and trends of
ceramic products, especially medium-low. Besides that, Analyst
team also continuously conduct data processing and analysis of
the demand level of the products in detail, both its size and type.
Conducting innovation and strategic campaign
To maintain and enhance the Companys market share, the
Company would certainly preserve the loyalty and maintain
the outlet development. The strategy of the company is to
innovate the products with designs in accordance with the
trends so that consumers will have enough preferences with
variety of interesting products. Subsequently, to classify the
outlet in accordance with the potential and the realization
of the transactions volume in which for certain outlets the
company makes a surprise prize so that loyalty can be
maintained and enhanced.
Sustainable expansion strategy.
Of course to do all the above the company is constantly
expanding to increase production capacity. Expansion is based
on two things, first: based on product trends development,
39
Annual Report 2011
Perlindungan konsumen
Guna meningkatkan pelayanan terhadap
Perusahaan telah melakukan beberapa hal, yaitu:
40
konsumen
Consumer protection
To improve service to consumers, the company has done things
such as :
1. Provide Customer Service (Toll Free): 0800.1.Arwana, it is
useful to receive information from consumer about product
complaints either directly or other matters relating to the
service to consumers.
2. Provide fast follow-up on the handling of complaints from
customers with the best solution for consumer. Target
completion of complaint is not more than 2x24 hours.
3. Improving dissemination of knowledge consistently on
ceramic products Arwana during a visit to the market
directly, updating the information to the sales team,
distributors, and stores so the information will be forwarded
directly to consumers
4. Improve product quality continuously and perform rigorous
standards of sorting the items to be out of the factory by
performing QA system Finish Good: conducts sampling of
the finished good to further ensure that the goods delivered
meets the standards.
Kebijakan Dividen
Dividend Policy
41
Annual Report 2011
Pembayaran Dividen
Dividend Payment
Since the initial pulic offering in 2001 the Company has paid
out dividends to the shareholders as follows:
Tahun Buku
Fiscal Year
2001
Laba Bersih
Net Income
(Rp. 000.000)
Nilai Nominal
Per Saham
Value
Per Share
10.652
Rp.100
Dividen Per
Saham
Dividend Per
Share
Ratio
Pembayaran
Dividend
Payout Ratio
Jumlah
Dividen Saham
Total Stock
Dividend
Rasio
Pembagian
Payout Ratio
Rp. 5
24,5%
2002
15.002
Rp.100
Rp. 5
30,2%
2003
20.604
Rp.100
Rp. 8
35,2%
2004
25.133
Rp.100
Rp. 10
36,0%
2005
35.419
Rp.100
Rp. 11,5
29,2%
12.074.722
1 : 75
2006
28.254
Rp.100
2007
43.433
Rp.100
Rp. 5
10,6%
2008
54.290
Rp.100
Rp. 5
8,5%
2009
63.888
Rp. 50
Rp. 7
20,1%
2010
79.040
Rp. 50
Rp. 15
34,8%
2011
94.734
Rp. 50
42
PT Arwana Citramulia Tbk
Kebijakan Akuntansi
Tata Kelola
Perusahaan
Penerapan GCG
GCG Implementation
44
melayani
dilayani
Lebih baik
daripada
PERUSAHAAN
Pemisahan
Fungsi
RUPS
KOMISARIS
DIREKSI
45
46
Dewan Komisaris
Board of Commissioners
Meetings of the BOC are held at least once a month at any time
deemed necessary by one or more member of the BOC. The
quorum for all BOC meetings is more than one-half of the total
number of Commissioners. Coordination meetings between the
BOC and the BOD, are held once every months.
Dewan Komisaris saat ini terdiri dari tiga Komisaris, salah satu
dari mereka sebagai Komisaris Utama, dan salah satunya lagi
sebagai Ketua Komite Audit. Semua Komisaris adalah independen.
Komisaris Independen didefinisikan sebagai seseorang yang tidak
berafiliasi dengan cara apapun dengan pemegang saham atau
salah satu Dewan Komisaris atau Direksi dan saat ini tidak menjabat
sebagai direktur di perusahaan lain atau memiliki hubungan
dengan cara apapun dengan Perusahaan. Setiap tahun anggota
Dewan Komisaris tersebut diharuskan untuk memperbaharui
daftar rincian hubungan keluarga dan hubungan keuangan
dengan sesama anggota Dewan Komisaris dan/atau Direksi.
47
Annual Report 2011
Direksi
Board of Directors
48
Rapat Direksi
BOD Meeting
Rapat Gabungan
Joint Meeting
12
12
33
33
33
33
12
12
12
11
9
11
11
9
11
NO
NO
SAY
TO
49
Komite-komite
Committees
50
Komite Remunerasi
Remuneration Committee
Nama
Name
Jabatan
Position
Frekuensi Pertemuan
Frequency of Meetings
Tingkat Kehadiran
Total Attandance
Ketua / Chairman
Edy Suyanto, SE
Anggota / Member
Kebijakan Remunerasi
Remuneration Policy
Audit Committee
51
Annual Report 2011
Komite Audit
52
Nama
Name
Jabatan
Position
Rapat Bulanan
Monthly Meetings
Jumlah Rapat
Total Meetings
Ketua / Chairman
12
Anggota / Member
12
Anggota / Member
12
Haryanto, MBA
Anggota / Member
12
Jumlah Rapat
Total Meetings
Jumlah Rapat
Total Meetings
12
53
Annual Report 2011
The Committee is pleased to present its report for the fiscal year
ended December 31, 2011. The report is presented in accordance
with the regulatory requirements of Capital Market Supervision
Body (Bapepam-LK) and Indonesia Stock Exchange as well as the
recommendations contained in the principles of Good Corporate
Governance. Amongst others, the Committees operations are
guided by a formal detailed Terms of Reference (ToR) that is in
line with the regulatory requirements and the recommendations
mentioned above.
54
PT Arwana Citramulia Tbk
Sekretaris Perusahaan
Corporate Secretary
55
Annual Report 2011
56
PT Arwana Citramulia Tbk
57
Annual Report 2011
Manajemen Risiko
Risk Management
58
Pasar
Market
Energi
Energy
Produk
Product
Teknologi
Technology
59
Annual Report 2011
Lingkungan
60
Human Resources
Sasaran
Target
Aktivitas
Activity
Tahun 2011-2012:
Tahun 2013:
Year 2013:
Tahun 2014-2015:
Year 2014-2015:
You will find full information about our company and Arwanas
share on our corporate website. If you have further questions,
just contact us; we will be pleased to help.
Ph
: +62-21-58302363
Ph
Fax
: +62-21-58302361
Fax
: +62-21-58302361
: info@arwanacitra.com
: info@arwanacitra.com
Website
: www.arwanacitra.com
Website
: www.arwanacitra.com
: +62-21-58302363
61
Annual Report 2011
Panduan-Panduan
Handbooks
62
GCG Guidelines are the crystallization of all rules that guide the
implementation of GCG best practices, cultural values, vision
and mission. GCG Guidelines contain corporate governance
principles which are further elaborated in various policies and
technical implementation rules.
Etika Perusahaan
Business Ethics
Kepatuhan
Compliance
Benturan kepentingan
Conflict of Interest
63
Annual Report 2011
W h o h a ve a cces s to co n f i d en ti a l i n f o r m a ti o n a re not
p er m i tted to us e o r s h a re th a t i n f o r m a ti o n f o r s to ck
tra d i n g p ur p o s es o r f o r a ny o th er p ur p o s e excep t for
th e co n d uc t o f th e Co m p a ny s b us i n es s. N o Co m p a ny s
m em b er s m a y us e co r p o ra te p ro p er t y, i n f o r m a ti o n , or
p o s i ti o n f o r i m p ro p er p er s o n a l g a i n , a n d n o Co m p a ny s
m em b er s m a y co m p ete w i th th e Co m p a ny d i rec tl y or
i n d i rec tl y.
64
1. Lingkungan Pengendalian
Lingkungan pengendalian mencakup persepsi manajemen
dan karyawan terhadap pentingnya pengendalian yang ada di
Perusahaan. Komitmen dimulai dari manajemen yang melatih
karyawan untuk bersikap positif dan konstruktif terhadap
pengendalian internal.
1. Control Environment
Control environment entails the management and employees
perception of the importance of control within the Company.
The commitment starts with the management who trains the
employees to have positive and constructive attitude towards
internal control.
2. Penilaian Risiko
Pengendalian internal yang baik memungkinkan penaksiran
risiko yang dihadapi oleh Perusahaan, baik yang berasal dari
dalam maupun dari luar. Langkah penaksiran risiko dimulai
dari mengidentifikasi faktor-faktor yang mempengaruhi risiko,
menaksir risiko yang berpengaruh cukup signifikan, serta
menentukan tindakan yang dilakukan untuk mengendalikan
risiko tersebut.
2. Risk Assessment
3. Aktivitas Pengendalian
Aktivitas pengendalian merupakan kebijakan, prosedur, teknik
dan mekanisme yang digunakan untuk menjamin arahan
manajemen telah dilaksanakan. Aktivitas pengendalian dapat
digolongkan dalam dua kategori, yaitu yang berhubungan
dengan laporan keuangan dan berkenaan dengan pengolahan
informasi.
3. Control Activities
Control activities are policy, procedure, technique, and mechanism
that are used to ensure that the Managements directive has
been performed. The control activities can be classified into two
categories, namely those related to the Financial Statements and
those related to information processing.
65
Annual Report 2011
66
5. Pemantauan
Pemantauan terhadap sistem pengendalian internal dimaksudkan
untuk menemukan kekurangan dan meningkatkan efektivitas
pengendalian. Usaha pemantauan dilakukan dengan cara
mengamati perilaku karyawan atau tanda-tanda peringatan yang
diberikan oleh sistem akuntansi.
5. Monitoring
Monitoring toward the internal control system is intended to
discover weaknesses and to enhance effectiveness of control.
The monitoring effort is conducted by observing employees
behaviors or signs of warnings indicated by the accounting
system.
This includes:
Evaluating audit findings, reviews, and recommendations
precisely.
Determining the precise action to respond to findings and
recommendations from audit and review.
Settling actions in following up the recommendation that become
the interest of the Management within a predetermined time limit.
Etika Perusahaan
Pengungkapan
Informasi 2011
Bentuk Kegiatan
Type of Activities
Jumlah Kegiatan
Number of Activities
Waktu Pelaksanaan
Moment of Events
30 Maret 2011
30 Maret 2011
20
24 Maret 2011
27 Juli 2011
67
Annual Report 2011
Korespondensi
Dengan Bapepam - LK
Correspondence with
Capital Market Supervision Body
15-03-2011
15-03-2011
Perihal
Subject
Perihal
Subject
: Submission
of
Proof
from
Newspapers
for
22-03-2011
22-03-2011
Perihal
Subject
27-07-2011
27-07-2011
Perihal
perihal
subsidiaries for the years ended June 30, 2010 and 2009
12-12-2011
27-07-2011
Subject
Plant I
Plant I
68
PT Arwana Citramulia Tbk
Plant II
Plant II
Plant III
Plant III
Tanggung Jawab
Sosial Perusahaan
69
Annual Report 2011
(Pangdam III / Siliwangi Mayjend TNI Moeldoko Pangdam III/Siliwangi Resmikan Projek Bedah Rumah,
Pikiran Rakyat, 3 Maret 2011)
71
Annual Report 2011
72
PT Arwana Citramulia Tbk
Kunjungan Wakil Menteri Perindustrian Alex S.W. Retraubun ke Plant III, 11 Juli 2011
Visitation of Vice Minister of Industry Alex S.W.Retraubun at Plant III July 11, 2011
Pengembangan
Masyarakat Setempat
Community Development
Kesehatan
Kami melakukan kampanye donor darah bekerjasama dengan Unit
Donor Darah Palang Merah Indonesia dan Muspida selama empat
tahun terakhir berturut-turut, dan terus melakukan kegiatan ini.
Kegiatan jangka panjang ini berlangsung di Kantor Pemasaran,
Plant I, Plant II, dan Plant III. Kami mendukung kegiatan ini dengan
mendorong karyawan untuk menyumbangkan darah di kantor
tersebut selama jam-jam kerja mereka.
Healthcare
We undertake blood donation drives in collaboration with
Indonesian Red Cross Blood Donation Center and Deliberative
Local Leaders (Muspida) for the last four consecutive years,
and continue to conduct this activity. This long-term activity
take place at Marketing Office, Plant I, Plant II, and Plant III.
We support this activity by encouraging employees to donate
blood at the office during their working hours.
73
74
PT Arwana Citramulia Tbk
Program Umroh
Umrah Program
Bantuan Kemanusiaan
Program bantuan kemanusiaan kami membantu orang-orang
perkotaan untuk memiliki rumah sendiri dengan memasok ubin
keramik dan merenovasi rumah tempat tinggal yang tidak layak
menjadi rumah tempat tinggal yang layak. Bekerja sama dengan
anggota masyarakat seperti RCTI dan TNI, Arwana berupaya
membantu meningkatkan kehidupan rakyat di pasar yang
dilayaninya. Program Kepedulian Sosial kami, Bedah Rumah,
telah membangun 447 rumah sejak dimulai pada 2008.
Humanity Aids
Our humanity aid program helps the urban people to take
position of their own houses by supplying ceramic tiles and
renovating improper residential houses to become proper
residential houses. By working together with the community
members such as RCTI and Army Military, Arwana strives
to help enhance peoples lives across the markets it serves.
Our social care program, Housing Surgery, has built up
447 houses since it started in 2008.
75
Program Beasiswa
Schoolarship Program
Kepatuhan Produk
Product Compliance
76
Selain mendapatkan Sertifikat Standar Nasional Indonesia (SPPTSNI), kami juga meraih sertifikat produk persetujuan negara-negara
Asia, yaitu SIRIM Malaysia. Tujuan kami adalah melindungi semua
pihak, dari produsen hingga konsumen. Dengan memperoleh dua
sertifikat tersebut, berarti spesifikasi Perusahaan telah memperoleh
pengakuan dalam hal kualitas produk. Sertifikasi ini tidak wajib
sifatnya, tetapi dalam banyak kasus, Pemerintah mewajibkan
sertifikasi sebagai persyaratan.
Laporan Keuangan
Financial Statements
77
Annual Report 2011
Dewan Komisaris
Board of Commissioners
Independent Commissioner
78
Independent Commissioner
Direksi
Board of Directors
Edy Suyanto, SE
Nama / Name
Jabatan / Position
Alamat / Address
Nama / Name
Jabatan / Position
Alamat / Address
: Edy Suyanto, SE
: Direktur Operasional / Chief Operating Officer
: Sentra Niaga Puri Indah Blok T2 No. 24;
Kembangan Selatan; Jakarta 11610
Menyatakan bahwa :
Declare that :
Edy Suyanto, SE
79
Annual Report 2011
1-2
3-4
Consolidated Statements of
..Comprehensive Income
6-7
8-92
****************************
31 Desember/December 31,
Catatan/
Notes
2011
2010
ASET
ASET LANCAR
Kas dan setara kas
Piutang usaha
Pihak-pihak berelasi
Pihak ketiga - setelah
dikurangi cadangan
penurunan nilai piutang
Piutang lain-lain
Persediaan
Pajak dibayar di muka
Biaya dibayar di muka
Aset lancar lain-lain
ASSETS
2c,2s,4,30
2d,2s,5,
12,17,30
2g,29
2s,6,30
2e,7,12,17
16a
2f,8
2c,2s,
9,30
2o,16f
CURRENT ASSETS
Cash and cash equivalents
Trade receivables
10.036.563.669
40.054.250.900
2.378.093.247
190.204.697.830
183.032.940.196
146.044.053.781
9.097.513.869
384.744.878
35.613.688.330
56.443.370
895.457.352
12.966.319.504
501.492.460
56.760.243.054
803.364.229
1.209.826.206
12.030.898.915
2.995.579.696
37.508.636.681
2.770.630.944
426.498.411
14.776.635.014
3.108.754.046
878.339.826
261.065.744.312
298.437.190.595
205.032.731.501
3.824.837.792
5.366.137.048
2.719.750.526
NON-CURRENT ASSETS
Deferred tax assets - net
Related parties
564.891.050.549
568.502.405.679
601.648.997.664
1.725.961.023
848.352.600
13.285.069.477
570.441.849.364
574.716.895.327
617.653.817.667
TOTAL NON-CURRENT
ASSETS
JUMLAH ASET
831.507.593.676
873.154.085.922
822.686.549.168
TOTAL ASSETS
2h,2i,2j,
10,12,17
2s,
11,30
31 Desember/December 31,
Catatan/
Notes
2011
2010
1 Januari 2010/
31 Desember 2009/
January 1, 2010/
December 31, 2009
LIABILITIES AND
STOCKHOLDERS EQUITY
14.510.636.405
-
76.828.818.928
162.456.250
56.121.451.988
-
90.436.018.707
396.388.018
52.313.378.077
11.846.899.501
96.696.953.380
10.217.443.347
51.577.005.187
11.976.842.213
83.402.241.513
538.008.632
37.503.865.780
11.766.844.584
69.966.801.852
17.385.932.783
154.923.318
59.654.712.312
46.446.164
69.255.016.093
168.670.674
CURRENT LIABILITIES
Short-term debts
Bank loans
Consumer financing payable
Trade payables to
third parties
Other payables
Accrued expenses
Taxes payable
Current maturities of
long-term debts
Bank loans
Due to suppliers
Consumer financing payable
257.010.978.661
307.160.677.781
258.756.099.264
2s,12,30
2s,13,30
2s,14,30
2s,15,30
2o,16b
2s,17,30
74.190.845.767
130.808.639
17.001.675.453
136.655.939.983
663.927.454
36.589.760
13.577.004.673
144.823.672.559
59.785.698.542
10.996.697.302
JUMLAH LIABILITAS
JANGKA PANJANG
91.323.329.859
150.933.461.870
215.606.068.403
TOTAL NON-CURRENT
LIABILITIES
348.334.308.520
458.094.139.651
474.362.167.667
TOTAL LIABILITIES
JUMLAH LIABILITAS
NON-CURRENT LIABILITIES
EKUITAS
STOCKHOLDERS EQUITY
91.767.887.200
401.985.495
91.767.887.200
401.985.495
91.767.887.200
401.985.495
(169.803.318)
383.916.984.880
(169.803.318)
316.713.565.541
(169.803.318)
250.521.216.621
Jumlah
Kepentingan nonpengendali
475.917.054.257
7.256.230.899
408.713.634.918
6.346.311.353
342.521.285.998
5.803.095.503
Total
Non-controlling interests
EKUITAS - BERSIH
483.173.285.156
415.059.946.271
348.324.381.501
831.507.593.676
873.154.085.922
822.686.549.168
2b,19
2011
Catatan/
Notes
PENJUALAN BERSIH
922.684.829.411
2g,2l,24,29
830.183.904.081
NET SALES
636.881.558.816
2g,2l,25,29
565.896.310.681
LABA KOTOR
285.803.270.595
264.287.593.400
GROSS PROFIT
BEBAN USAHA
Penjualan
Umum dan administrasi
105.089.628.998
31.741.760.870
88.558.232.092
28.583.099.106
OPERATING EXPENSES
Selling
General and administrative
136.831.389.868
117.141.331.198
LABA USAHA
148.971.880.727
147.146.262.202
PENGHASILAN (BEBAN)
LAIN-LAIN
Laba (rugi) penjualan aset tetap
Pendapatan keuangan
Beban keuangan
Laba (rugi) selisih kurs - bersih
Lain-lain - bersih
377.454.545
368.513.202
(20.634.976.309)
(747.809.215)
1.582.717.851
(19.054.099.926)
(39.408.955.746)
LABA SEBELUM
BEBAN PAJAK
129.917.780.801
107.737.306.456
INCOME BEFORE
INCOME TAX
2010
2l,26
2h,10
12,17,27
2n
(12.550.378.845)
69.264.396
(33.968.866.694)
6.858.306.356
182.719.041
32.427.076.500
1.541.299.256
30.269.644.000
(2.646.386.522)
33.968.375.756
27.623.257.478
95.949.405.045
80.114.048.978
95.949.405.045
80.114.048.978
79.039.853.128
1.074.195.850
80.114.048.978
TOTAL
PENDAPATAN KOMPREHENSIF
LAINNYA
JUMLAH PENDAPATAN
KOMPREHENSIF
2o,16d
94.733.785.499
1.215.619.546
JUMLAH
95.949.405.045
2b,19
Catatan/
Notes
2011
JUMLAH PENDAPATAN
KOMPREHENSIF TAHUN
BERJALAN YANG DAPAT
DIATRIBUSIKAN KEPADA:
Pemilik Entitas Induk
Kepentingan nonpengendali
94.733.785.499
1.215.619.546
JUMLAH
95.949.405.045
52
2b,19
2p,2q,28
2010
79.039.853.128
1.074.195.850
TOTAL COMPREHENSIVE
INCOME FOR THE YEAR
ATTRIBUTABLE TO:
Owners of the Parent Entity
Non-controlling interests
80.114.048.978
TOTAL
43
91.767.887.200
401.985.495
401.985.495
401.985.495
Tambahan Modal
Disetor - Bersih/
Additional Paid-in
Capital - Net
(169.803.318)
(169.803.318)
(169.803.318)
Selisih Nilai
Transaksi
Restrukturisasi
Entitas
Sepengendali/
Difference
Arising from
Restructuring
Transactions
of Entities Under
Common Control
Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan.
19
91.767.887.200
22,19
22,19
91.767.887.200
Dividen kas
Dividen kas
Catatan/
Notes
Modal Saham
Ditempatkan dan
Disetor Penuh/
Capital Stock
- Issued
and Fully Paid
383.916.984.880
94.733.785.499
(27.530.366.160 )
316.713.565.541
79.039.853.128
(12.847.504.208 )
250.521.216.621
Saldo Laba/
Retained
Earnings
7.256.230.899
500.000
1.215.619.546
(306.200.000)
6.346.311.353
1.074.195.850
(530.980.000)
5.803.095.503
483.173.285.156
500.000
95.949.405.045
(27.836.566.160 )
415.059.946.271
80.114.048.978
(13.378.484.208 )
348.324.381.501
Ekuitas - Bersih/
Net
Stockholders
Equity
Cash dividend
Cash dividend
The accompanying notes to the consolidated financial statements form an integral part of these
consolidated financial statements taken as a whole.
475.917.054.257
94.733.785.499
(27.530.366.160 )
408.713.634.918
79.039.853.128
(12.847.504.208 )
342.521.285.998
Jumlah/
Total
Kepentingan
nonpengendali/
Noncontrolling
Interests
The original consolidated financial statements included herein are in Indonesian language.
Catatan/
Notes
2011
ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan kas dari pelanggan
Penerimaan dari pendapatan bunga
Pembayaran kas kepada pemasok
dan karyawan dan untuk beban
operasi lainnya
Pembayaran atas:
Pajak
Beban bunga
Kas bersih yang diperoleh dari
aktivitas operasi
2010
919.381.877.413
368.513.202
791.835.042.749
69.264.396
(721.319.924.685)
(615.855.813.587)
(34.651.461.351)
(19.926.407.140)
(30.165.488.988)
(30.391.617.023)
143.852.597.439
115.491.387.547
377.454.545
(21.223.084.200)
10
10
(1.395.360.000)
632.294.793
(19.013.433.320)
-
10.408.728.978
(22.240.989.655)
(7.972.409.549)
10
500.000
97.557.160.000
(73.325.175.791)
(8.743.995.719)
(180.353.967)
(114.815.518.934)
(59.886.530.643)
(189.269.750)
(62.480.638.773)
(27.530.366.166)
22
(12.847.504.208)
(306.200.000)
19
(530.980.000)
20.869.823.190
(151.629.295.015)
(69.842.820.345)
2011
KENAIKAN (PENURUNAN) BERSIH
KAS DAN SETARA KAS
Catatan/
Notes
(30.017.687.231)
2010
37.676.157.653
40.054.250.900
2.378.093.247
10.036.563.669
40.054.250.900
25.466.001.048
764.759.554
399.015.260
383.050.000
-
904.006.000
103.635.000
9.523.161.803
181.718.600
Non-cash activities:
Acquisition of fixed assets credited to:
Due to supplier
Advance for purchase of fixed
assets (part of Other
Non-current Assets)
Consumer financing payable
Other payables
Receivables from sales of fixed assets
UMUM
a.
1.
GENERAL
a.
Pendirian perusahaan
Anggaran
dasar
Perusahaan
telah
mengalami beberapa kali perubahan,
perubahan terakhir dengan akta notaris
Misahardi Wilamarta, S.H., No. 64 tanggal
17 Juni 2009, mengenai penyesuaian
anggaran dasar Perusahaan dengan
Undang-undang No. 40 Tahun 2007 tentang
Perseroan Terbatas dan pemecahan saham
dengan rasio 1 (lama):2 (baru) dan
mengubah nominal saham dari nominal
Rp100 menjadi Rp50 per saham. Perubahan
terakhir tersebut telah didaftarkan kepada
Menteri Hukum dan Hak Asasi Manusia
dalam Surat Keputusan No. AHU-AH.01.1013152 tanggal 14 Agustus 2009 dan
diumumkan dalam Berita Negara No. 55
Tambahan No. 17862 tanggal 10 Juli 2009
(Catatan 20).
secara
1.
U M U M (lanjutan)
b.
c.
1.
GENERAL (continued)
b.
c.
Domisili/
Domicile
Tahun
Beroperasi
Secara
Tahun
Komersial/
Penyertaan/ Commencement of
Year of
Commercial
Acquisition
Operations
PT Arwana Nuansakeramik
(ANK)
Jakarta
2000
2000
Jakarta
2001
2002
PT Primagraha Keramindo
(PGK)
Jakarta
2001
1995
PT Arwana Anugerah
Keramik (AAK)
Jakarta
2011
Jenis Usaha/
Nature
of Business
Industri keramik/
Manufacture of
ceramic tiles
Industri keramik/
Manufacture of
ceramic tiles
Distribusi keramik/
Distribution of
ceramic tiles
Industri keramik/
Manufacture of
ceramic tiles
Persentase (%)
Kepemilikan/
Percentage (%)
of Ownership
Jumlah Aset/
Total Assets
2011
2010
2011
2010
99,90
99,90
308.839.450.178
395.422.632.905
99,89
99,89
277.980.945.233
374.383.129.666
65,00
65,00
204.731.939.892
214.438.179.858
99,90
518.470.900
1.
U M U M (lanjutan)
c.
d.
1.
GENERAL (continued)
c.
Berdasarkan
Akta
Notaris
Misahardi
Wilamarta, S.H., No. 87 tanggal 19 Oktober
2011, Perusahaan mendirikan Entitas Anak
baru, dengan nama PT Arwana Anugerah
Keramik (AAK) dengan jumlah modal
saham sebesar Rp75.000.000.000, yang
terdiri dari 750.000 lembar saham dengan
nilai nominal Rp100.000 per saham yang
mana sejumlah 200.000 lembar saham
akan ditempatkan dan disetor penuh oleh
pemegang
saham.
Perusahaan
menempatkan 199.800 lembar saham
sebesar Rp19.980.000.000 yang merupakan
99,90% kepemilikan. Akta pendirian AAK
telah disahkan Menteri Hukum dan Hak
Asasi Manusia dalam Surat Keputusan
No. AHU-54933.AH.01.01. Tahun 2011
tanggal 11 November 2011. Pada tanggal
31 Desember 2011, modal saham AAK
sebesar Rp500.000.000 telah ditempatkan
dan disetor penuh oleh Perusahaan sebesar
Rp499.500.000 dan oleh kepentingan
nonpengendali Rp500.000.
d.
Dewan Komisaris
Komisaris Utama/Independen
Komisaris Independen
Komisaris Independen
:
:
:
:
:
:
Board of Commissioners
President
Commissioner/Independent
Independent Commissioner
Independent Commissioner
Direksi
Direktur Utama
Direktur
:
:
Tandean Rustandy
Edy Suyanto
:
:
Board of Directors
President Director
Director
10
U M U M (lanjutan)
d.
1.
GENERAL (continued)
d.
Dewan Komisaris
Komisaris Utama/Independen
Komisaris Independen
Komisaris Independen
:
:
:
:
:
:
Board of Commissioners
President
Commissioner/Independent
Independent Commissioner
Independent Commissioner
Direksi
Direktur Utama
Direktur
:
:
Tandean Rustandy
Edy Suyanto
:
:
Board of Directors
President Director
Director
:
:
:
:
:
:
:
:
:
:
:
Chairman
Member
Member
Member
:
:
:
Chairman
Member
Member
Berdasarkan
surat
pemberitahuan
No. 3283/ACM/CS/V/2011 tanggal 26 Mei
2011 dari Perusahaan kepada BAPEPAMLK, Perusahaan melaporkan pengunduran
diri Heru Subiyantoro dan menyampaikan
perubahan susunan komite audit yang baru.
Based
on
the
announcement
letter
No. 3283/ACM/CS/V/2011 dated May 26, 2011
from the Company to the BAPEPAM-LK, the
Company reported that Heru Subiyantoro
resigned, and it submitted the new composition
of the audit committee.
11
U M U M (lanjutan)
d.
1.
GENERAL (continued)
d.
Dasar penyajian
konsolidasian
laporan
2.
keuangan
SUMMARY
POLICIES
a.
OF
SIGNIFICANT
ACCOUNTING
12
2.
2.
keuangan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
a.
ACCOUNTING
13
2.
2.
Prinsip-prinsip konsolidasi
SUMMARY OF SIGNIFICANT
POLICIES (continued)
b.
ACCOUNTING
Principles of consolidation
14
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
b.
ACCOUNTING
(a)
(b)
(c)
(d)
15
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
b.
ACCOUNTING
menghentikan
pengakuan
aset
(termasuk goodwill) dan liabilitas
entitas anak;
menghentikan
pengakuan
jumlah
tercatat setiap KNP;
16
2.
2. SUMMARY OF SIGNIFICANT
POLICIES (continued)
b.
ACCOUNTING
Bagian
pemilikan
pemegang
saham
minoritas pada aset bersih dan laba atau
rugi bersih dari Entitas Anak yang
dikonsolidasi; sebelumnya disajikan sebagai
Hak Minoritas pada laporan posisi
keuangan konsolidasian dan sebagai Hak
Minoritas Atas Rugi (Laba) Bersih Anak
Perusahaan dalam laporan laba rugi
komprehensif konsolidasian.
The
proportionate
shares
of
minority
shareholders in net assets and net income or
loss of the consolidated subsidiaries were
previously presented as Minority Interests in
the consolidated statements of financial position
and as Minority Interests in Net Loss (Income)
of Subsidiaries in the consolidated statements
of comprehensive income.
17
2.
2.
Setara kas
SUMMARY OF SIGNIFICANT
POLICIES (continued)
c.
d.
Persediaan
e. Inventories
Inventories are stated at the lower of cost or net
realizable value. Cost is determined by the
weighted-average method. Allowance for
inventory losses is provided to reduce the
carrying value of inventories to their net
realizable value.
f.
Prepaid expenses
Prepaid expenses are amortized over their
benefical periods.
Cash equivalents
Time
deposits
with
maturities
of
3 (three) months or less at the time of
placement, which are not restricted nor pledged
as collateral for debts, are classified as Cash
Equivalents. Time deposits that are pledged as
collateral for Letters of Credit (L/C) are
considered as Restricted Time Deposits,
which are presented as part of other current
assets in the consolidated statements of
financial position.
ACCOUNTING
g.
18
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
g.
Transactions
(continued)
with
ACCOUNTING
related
parties
a.
a.
b.
b.
c.
c.
d.
d.
e.
e.
f.
f.
g.
g.
19
2.
2.
Aset tetap
SUMMARY OF SIGNIFICANT
POLICIES (continued)
h.
ACCOUNTING
Fixed assets
Tahun/Years
Bangunan dan prasarana
Mesin dan peralatan pabrik
Peralatan dan perabotan kantor
Perlengkapan teknik dan laboratorium
Kendaraan
16 - 20
4 - 16
4-8
4
4-8
20
2.
i.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
h.
ACCOUNTING
i.
21
2.
2.
Biaya pinjaman
SUMMARY OF SIGNIFICANT
POLICIES (continued)
j.
k.
Borrowing costs
Borrowing costs are generally expensed as
incurred. Borrowing costs are capitalized if they
are directly attributable to the acquisition,
construction or production of a qualifying asset.
Capitalization of borrowing costs commences
when the activities to prepare the asset for its
intended use or sale are in progress and the
expenditures and borrowing costs are being
incurred. Borrowing costs are capitalized until
the assets are ready for their intended use. If
the resulting carrying amount of the asset
exceeds its recoverable amount, an impairment
loss is recognized.
ACCOUNTING
l.
22
2.
n.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
m.
ACCOUNTING
Employee benefits
n.
2011
1 Euro Eropa (Euro)
1 Dolar Amerika Serikat (US$)
1 Dolar Singapura (SIN$)
100 Yen Jepang (JP)
2010
11.739
9.068
6.974
117
23
11.956
8.991
6.981
110
2.
p.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
o.
ACCOUNTING
Pajak
tangguhan
dihitung
dengan
menggunakan tarif pajak yang berlaku atau
secara substansial telah berlaku pada
tanggal laporan posisi keuangan. Perubahan
nilai tercatat aset dan kewajiban pajak
tangguhan yang disebabkan oleh perubahan
tarif pajak dibebankan atau dikreditkan pada
tahun berjalan, kecuali untuk transaksitransaksi yang sebelumnya telah langsung
dibebankan atau dikreditkan ke ekuitas.
p.
24
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
q.
ACCOUNTING
25
2.
s.
2.
Pelaporan segmen
SUMMARY OF SIGNIFICANT
POLICIES (continued)
r.
ACCOUNTING
Segment reporting
Instrumen keuangan
s.
Financial instruments
The Group has applied PSAK 50 (Revised
2006) on Financial Instruments: Presentation
and Disclosures, and PSAK 55 (Revised 2006)
on Financial Instrument: Recognition and
Measurement, which superseded PSAK 50 on
Accounting for Certain Investment in
Securities, and PSAK 55 (Revised 1999) on
Accounting for Derivative Instruments and
Hedging Activities, which are effective starting
on January 1, 2010. PSAK 50 (Revised 2006)
and PSAK 55 (Revised 2006) were applied
prospectively.
26
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
s.
ACCOUNTING
i. Aset keuangan
i.
Financial assets
Pengakuan awal
Initial recognition
27
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
s.
ACCOUNTING
Subsequent measurement
28
2.
2.
s.
setelah
pengakuan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
awal
Pengakuan awal
Initial recognition
Subsequent measurement
29
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
30
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
s.
ACCOUNTING
Amortized
instruments
cost
of
financial
31
2.
nilai
aset
SUMMARY OF SIGNIFICANT
POLICIES (continued)
s.
keuangan
ACCOUNTING
of
financial
assets
32
2.
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
s.
aset
dan
ACCOUNTING
Aset keuangan
Financial assets
Kewajiban keuangan
Financial liabilities
Kewajiban
keuangan
dihentikan
pengakuannya ketika kewajiban yang
ditetapkan dalam kontrak dihentikan atau
dibatalkan atau kadaluarsa.
Ketika
kewajiban
keuangan
awal
digantikan dengan kewajiban keuangan
lain dari pemberi pinjaman yang sama
dengan ketentuan yang berbeda secara
substansial, atau modifikasi secara
substansial atas kewajiban keuangan
yang saat ini ada, maka pertukaran atau
modifikasi tersebut dicatat sebagai
penghapusan kewajiban keuangan awal
dan pengakuan kewajiban keuangan baru
dan selisih antara nilai tercatat kewajiban
keuangan tersebut diakui dalam laba atau
rugi.
33
2.
2.
t.
ACCOUNTING
accounting
PENGGUNAAN PERTIMBANGAN,
DAN ASUMSI OLEH MANAJEMEN
ESTIMASI
3.
MANAGEMENTS
USE
OF
ESTIMATES AND ASSUMPTIONS
JUDGMENT,
SUMMARY OF SIGNIFICANT
POLICIES (continued)
3.
Pertimbangan
a.
Judgment
Dalam
proses
penerapan
kebijakan
akuntansi Grup, manajemen telah membuat
pertimbangan dalam penentuan mata uang
fungsional, yang terpisah dari estimasi dan
asumsi, yang memiliki pengaruh paling
signifikan terhadap jumlah yang dicatat
dalam laporan keuangan konsolidasian.
34
3.
3.
Pertimbangan (lanjutan)
Penentuan
(lanjutan)
mata
uang
MANAGEMENTS
USE
OF
JUDGMENTS,
ESTIMATES AND ASSUMPTIONS (continued)
a.
fungsional
Determination
(continued)
of
functional
currency
Judgment (continued)
b.
Pertimbangan
tersebut
mencakup
penggunaan masukan seperti risiko
likuiditas, risiko kredit dan volatilitas.
Perubahan dalam asumsi mengenai
faktor-faktor
tersebut
dapat
mempengaruhi nilai wajar dari instrumen
keuangan yang dilaporkan.
35
3.
3.
MANAGEMENTS
USE
OF
JUDGMENTS,
ESTIMATES AND ASSUMPTIONS (continued)
b.
36
3.
3.
MANAGEMENTS
USE
OF
JUDGMENTS,
ESTIMATES AND ASSUMPTIONS (continued)
b.
kerugian
37
3.
3.
MANAGEMENTS
USE
OF
JUDGMENTS,
ESTIMATES AND ASSUMPTIONS (continued)
b.
38
3.
3.
MANAGEMENTS
USE
OF
JUDGMENTS,
ESTIMATES AND ASSUMPTIONS (continued)
b.
39
4.
4.
2010
Kas
Dolar Amerika Serikat
(US$11.511 pada tahun 2011 dan
US$22.097 pada tahun 2010)
Rupiah
104.381.748
65.922.379
198.674.127
99.113.721
Cash on hand
United States dollar
(US$11,511 in 2011 and
US$22,097 in 2010)
Rupiah
Jumlah kas
170.304.127
297.787.848
Bank
Rupiah
PT Bank Central Asia Tbk
PT Bank Negara Indonesia
(Persero) Tbk
PT Bank Jasa Jakarta
PT Bank CIMB Niaga Tbk
PT Bank Rakyat Indonesia
(Persero) Tbk
Dolar Amerika Serikat
PT Bank Negara Indonesia
(Persero) Tbk
(US$71.822 pada tahun 2011
dan US$7.879 pada tahun 2010)
PT Bank Rakyat Indonesia
(Persero) Tbk
(US$2.782)
Credit Suisse
(US$512)
Euro Eropa
PT Bank Negara Indonesia
(Persero) Tbk
(Euro47.499 pada tahun 2011
dan Euro714 pada tahun 2010)
PT Bank Rakyat Indonesia
(Persero) Tbk
(Euro1.355)
Jumlah bank
Deposito berjangka
Rupiah
PT Bank UOB Indonesia Tbk
Dolar Amerika Serikat
PT Bank Rakyat Indonesia
(Persero) Tbk (US$206.894)
Jumlah deposito berjangka
Jumlah kas dan setara kas
2.407.441.758
5.482.525.342
713.964.425
12.385.740
1.530.910
32.232.707.639
4.719.811
1.113.044
50.020.522
651.280.899
70.843.955
25.009.815
4.604.831
557.585.238
8.538.228
16.195.911
4.344.188.970
37.896.279.098
Cash in banks
Rupiah
PT Bank Central Asia Tbk
PT Bank Negara Indonesia
(Persero) Tbk
PT Bank Jasa Jakarta
PT Bank CIMB Niaga Tbk
PT Bank Rakyat Indonesia
(Persero) Tbk
United States dollar
PT Bank Negara Indonesia
(Persero) Tbk
(US$71,822 in 2011 and
US$7,879 in 2010)
PT Bank Rakyat Indonesia
(Persero) Tbk
(US$2,782)
Credit Suisse
(US$512)
European euro
PT Bank Negara Indonesia
(Persero) Tbk
(Euro47,499 in 2011 and
Euro714 in 2010)
PT Bank Rakyat Indonesia
(Persero) Tbk
(Euro1,355)
Total cash in banks
Time deposits
Rupiah
PT Bank UOB Indonesia Tbk
United States dollar
PT Bank Rakyat Indonesia
(Persero) Tbk (US$206,894)
5.522.070.572
1.860.183.954
5.522.070.572
1.860.183.954
10.036.563.669
40.054.250.900
40
4.
5.
4.
PIUTANG USAHA
5.
TRADE RECEIVABLES
The details of trade receivables by customer are as
follows:
2010
160.987.318.084
10.745.590.702
8.373.994.513
6.041.497.811
3.558.848.286
497.448.434
149.453.784.041
11.221.285.604
7.694.775.015
6.053.814.322
7.593.306.762
1.015.974.452
Jumlah
190.204.697.830
183.032.940.196
Total
Third parties
PT Citra Indah Mitra Pratama
PT Sumber Flora Khatulistiwa
PT Bangunan Jaya Prima
CV Laris Jaya
Aris Rizal
Baso Kadir
Mardawiah
Hanaping
Pihak ketiga
PT Citra Indah Mitra Pratama
PT Sumber Flora Khatulistiwa
PT Bangunan Jaya Prima
CV Laris Jaya
Aris Rizal
Baso Kadir
Mardawiah
Hanaping
Lain-lain (masing-masing
dibawah Rp700 juta)
3.851.811.002
968.260.816
760.829.958
351.524.884
192.851.802
156.643.234
-
3.547.904.172
747.817.750
437.237.545
706.881.091
892.671.230
804.841.686
740.641.536
707.143.030
3.210.146.501
4.805.735.792
Jumlah
Cadangan penurunan nilai
9.492.068.197
(394.554.328)
13.390.873.832
(424.554.328)
Total
Allowance for impairment
Bersih
9.097.513.869
12.966.319.504
Net
41
5.
5.
Pihak-pihak berelasi
Belum jatuh tempo
Telah jatuh tempo:
1 - 30 hari
31 sampai 60 hari
61 sampai 90 hari
Lebih dari 90 hari
Jumlah
Pihak ketiga
Belum jatuh tempo
Telah jatuh tempo:
1 - 30 hari
31 sampai 60 hari
61 sampai 90 hari
Lebih dari 90 hari
2011
2010
130.686.613.282
145.219.576.837
56.344.269.460
2.686.978.877
287.428.617
199.407.594
32.516.600.231
3.644.076.287
1.009.076.063
643.610.778
Related parties
Current
Overdue:
1 - 30 days
31 to 60 days
61 to 90 days
More than 90 days
190.204.697.830
183.032.940.196
Total
6.224.579.905
11.389.041.695
2.061.481.524
331.114.251
136.209.964
738.682.553
908.307.526
350.552.848
95.601.250
647.370.513
Third parties
Current
Overdue:
1 - 30 days
31 to 60 days
61 to 90 days
More than 90 days
Jumlah
Cadangan penurunan nilai
9.492.068.197
(394.554.328)
13.390.873.832
(424.554.328)
Total
Allowance for impairment
Bersih
9.097.513.869
12.966.319.504
Net
2010
424.554.328
(30.000.000)
424.554.328
394.554.328
424.554.328
42
PIUTANG LAIN-LAIN
6.
2010
247.316.546
137.428.332
87.446.926
181.718.600
232.326.934
384.744.878
501.492.460
OTHER RECEIVABLES
PERSEDIAAN
7.
INVENTORIES
Inventories consist of:
2010
Barang jadi
Barang dalam proses
Bahan baku
Perlengkapan suku cadang
Bahan pembantu
2.209.177.551
2.192.093.488
9.774.199.662
16.946.752.521
4.491.465.108
16.944.896.642
2.507.258.424
10.249.703.867
21.546.972.362
5.511.411.759
Finished goods
Work in process
Raw materials
Spare parts
Indirect materials
Jumlah persediaan
35.613.688.330
56.760.243.054
Total inventories
43
8.
8.
9.
PREPAID EXPENSES
This account consists of:
2010
Asuransi
Lain-lain
894.368.186
1.089.166
588.416.500
621.409.706
Insurance
Others
895.457.352
1.209.826.206
9.
2010
Deposito berjangka
Uang muka pembelian mesin
Uang muka pembelian persediaan
Deposito berjangka yang dibatasi
penggunaannya
12.481.424.745
1.395.360.000
899.850.269
1.699.754.046
Time deposits
Advances for purchase of machinery
Advance purchase of supplies
1.409.000.000
14.776.635.014
3.108.754.046
44
Keterangan
Biaya Perolehan
Pemilikan Langsung
Tanah
Bangunan dan prasarana
Mesin dan peralatan pabrik
Peralatan dan perabot kantor
Perlengkapan teknik dan
laboratorium
Kendaraan
Saldo Awal/
Beginning
Balance
Penambahan/
Additions
Pengurangan/
Deductions
Reklasifikasi/
Reclassifications
Saldo Akhir/
Ending
Balance
Description
15.959.769.783
128.742.537.548
614.645.882.787
5.216.476.349
103.281.763
6.429.414.423
130.851.160
19.409.744.245
6.887.921.190
4.427.778.141
1.282.781.818
651.960.282
23.837.522.386
7.518.742.726
Cost
Direct Ownership
Land
Buildings and infrastructures
Machineries and equipment
Furniture and office equipment
Technical and
laboratory equipment
Vehicles
790.862.331.902
12.374.107.305
651.960.282
148.120.000
802.732.598.925
Sub-total
2.760.685.336
16.184.551.104
148.120.000
859.847.322
34.237.195.881
-
(148.120.000)
3.620.532.658
50.421.746.985
-
Construction in Progress
Buildings and infrastructures
Machineries and equipment
Furniture and office equipment
Jumlah
19.093.356.440
35.097.043.203
(148.120.000)
54.042.279.643
Sub-total
809.955.688.342
47.471.150.508
651.960.282
856.774.878.568
Total cost
33.160.297.001
189.418.161.305
3.938.837.145
6.832.651.831
39.047.527.318
524.211.637
10.681.527.585
4.254.459.627
3.886.320.167
791.794.685
651.960.282
14.567.847.752
4.394.294.030
Accumulated Depreciation
Direct Ownership
Buildings and infrastructures
Machineries and equipment
Furniture and office equipment
Technical and
laboratory equipment
Vehicles
241.453.282.663
51.082.505.638
651.960.282
291.883.828.019
568.502.405.679
564.891.050.549
Jumlah
45
3.611.294.509
(3.611.294.509)
148.120.000
3.016.516.993
(3.016.516.993)
-
15.959.769.783
132.457.113.820
617.464.002.701
5.495.447.509
43.009.465.825
225.449.171.630
4.463.048.782
Keterangan
Biaya Perolehan
Pemilikan Langsung
Tanah
Bangunan dan prasarana
Mesin dan peralatan pabrik
Peralatan dan perabot kantor
Perlengkapan teknik dan
laboratorium
Kendaraan
Saldo Awal/
Beginning
Balance
Penambahan/
Additions
Pengurangan/
Deductions
Reklasifikasi/
Reclassifications
Saldo Akhir/
Ending
Balance
Description
15.959.769.783
111.444.701.410
585.362.010.123
4.966.406.160
3.250.000.000
1.974.509.713
248.705.189
2.941.598.124
30.187.792.618
-
16.989.434.262
57.497.155.569
1.365.000
15.959.769.783
128.742.537.548
614.645.882.787
5.216.476.349
14.943.424.240
6.443.917.735
2.659.926.155
1.256.745.000
812.741.545
1.806.393.850
-
19.409.744.245
6.887.921.190
Cost
Direct Ownership
Land
Buildings and infrastructures
Machineries and equipment
Furniture and office equipment
Technical and
laboratory equipment
Vehicles
739.120.229.451
9.389.886.057
33.942.132.287
76.294.348.681
790.862.331.902
Sub-total
16.331.824.534
58.136.770.967
-
3.330.548.832
17.440.440.788
148.120.000
(16.901.688.030)
(59.392.660.651)
-
2.760.685.336
16.184.551.104
148.120.000
Construction in Progress
Buildings and infrastructures
Machineries and equipment
Furniture and office equipment
Jumlah
74.468.595.501
20.919.109.620
(76.294.348.681)
19.093.356.440
Sub-total
813.588.824.952
30.308.995.677
33.942.132.287
Jumlah
809.955.688.342
Total cost
28.686.868.453
168.432.842.995
3.426.227.995
6.488.528.692
38.829.977.073
512.609.150
2.015.100.144
17.844.658.763
-
33.160.297.001
189.418.161.305
3.938.837.145
7.095.032.007
4.298.855.838
3.586.495.578
673.584.931
717.981.142
10.681.527.585
4.254.459.627
Accumulated Depreciation
Direct Ownership
Buildings and infrastructures
Machineries and equipment
Furniture and office equipment
Technical and
laboratory equipment
Vehicles
211.939.827.288
50.091.195.424
20.577.740.049
241.453.282.663
601.648.997.664
568.502.405.679
Jenis aset
2011
Bangunan dan prasarana
Mesin dan peralatan pabrik
Jumlah
Persentase
penyelesaian/
Percentage of
completion
95%
75%
Biaya
perolehan/
Cost
3.620.532.658
50.421.746.985
54.042.279.643
46
Taksiran waktu
penyelesaian/
Estimated date
of completion
April 2012/
April 2012
Type of assets
2011
Buildings and infrastructures
Machineries and equipment
Total
2011
2010
49.263.512.190
51.082.505.638
1.530.409.772
288.583.676
50.091.195.424
2010
651.960.282
(651.960.282)
33.942.132.287
(20.577.740.049)
377.454.545
13.364.392.238
814.013.393
377.454.545
(12.550.378.845)
Cost
Accumulated depreciation
Net book value
Proceeds
Gain (loss) on sale of fixed assets
47
2010
433.992.280
377.015.260
914.953.483
449.337.340
399.015.260
-
Security deposits
Advances for purchase of fixed assets
Others
1.725.961.023
848.352.600
48
represent
14.510.605.847
31.939.187.731
Bank loans
PT Bank Central Asia Tbk
30.558
44.889.631.197
14.510.636.405
76.828.818.928
162.456.250
14.510.636.405
76.991.275.178
2010
49
a.
b.
c.
a.
b.
c.
50
a.
a.
b.
51
a.
b.
c.
(1) Melakukan
akuisisi
transaksi
merger
dan
merger
and
acquisition
(4) Menjaminkan
harta
kekayaan
Perusahaan dan ANK dalam bentuk
dan maksud apapun kepada pihak lain
52
d. Perusahaan
wajib
menyampaikan
pemberitahuan tertulis kepada BNI dan ANK
wajib memperoleh persetujuan tertulis dari
BNI apabila akan melakukan transaksitransaksi, antara lain:
(2) Mengeluarkan
saham-saham
baru
dan/atau menjual saham-saham yang
ada
(3) Membagikan laba usaha dan membayar
dividen.
income
and
pay
53
2010
15.635.319.453
21.577.728.053
3.664.302.629
1.792.656.149
3.485.666.656
546.980.972
3.382.687.765
4.127.284.834
1.479.226.115
736.318.484
1.371.206.285
527.435.359
1.126.245.600
1.078.582.918
1.378.973.448
1.066.025.012
782.234.982
1.042.570.630
1.255.241.152
958.941.000
301.198.500
867.045.888
1.190.323.705
771.233.400
736.775.000
671.069.179
268.212.769
518.712.270
797.389.313
511.145.024
624.155.220
508.522.558
635.297.407
471.716.500
693.673.632
54
2011
Dolar Amerika Serikat (lanjutan)
PT Kasmaji Pratama Supplytama
(US$50.820 pada tahun 2011 dan
US$168.714 pada tahun 2010)
PT Dian Lestari Sejahtera
(US$22.365 pada tahun 2011 dan
US$208.443 pada tahun 2010)
Weceramax International Ltd.
(US$2.450 pada tahun 2011 dan
US$60.000 pada tahun 2010)
Lain-lain (US$548.114 pada tahun 2011
dan US$712.749 pada tahun 2010,
masing-masing dibawah
Rp500 juta)
Rupiah
PT Supracor Sejahtera
PT Satyamitra Kemas Lestari
PT Sentosa
CV Siska Aneka Tambang
PT Intinusa Mitra Sukses
CV Makmur Sejahtera Abadi
CV Watu Nusantara Permai
CV Sapta Sarana
CV Indostone Chemical
PT Ferro Mas Dinamika
Heldani
UD Gunung Fajar Abadi
UD Delima
CV Bagus
UD Hadi Jaya
Tatang Hamdani
CV Makmur
UD Slamet Jaya
PT Livitra Dian Baru
Lain-lain (masing-masing dibawah
Rp500 juta)
Euro Eropa
Sacmi Singapore Pte., Ltd.
(Euro78.058 pada tahun 2011 dan
Euro24.372 pada tahun 2010)
Lain-lain (Euro129.697 pada tahun 2011
dan Euro204.175 pada tahun 2010,
masing-masing dibawah
Rp500 juta)
Dolar Singapura
Yen Jepang
Jumlah hutang usaha kepada pihak
ketiga
TO
THIRD
PARTIES
2010
460.835.760
1.516.907.574
202.805.820
1.874.113.261
22.216.600
539.460.000
4.924.409.780
6.407.492.900
4.520.621.490
3.368.758.525
3.063.753.213
2.888.419.433
2.755.771.145
2.158.227.678
1.728.357.109
1.677.474.997
1.658.609.894
1.537.758.461
1.318.471.975
1.160.046.777
1.054.172.112
1.020.296.339
845.786.135
678.886.224
607.299.971
241.097.126
40.584.320
4.463.200.895
4.382.367.165
2.727.846.509
3.770.040.329
3.328.688.494
1.884.191.633
2.453.541.573
543.843.227
1.280.867.915
2.111.590.523
1.113.982.463
1.193.403.243
927.746.284
1.167.731.522
1.900.265.725
793.882.882
713.618.204
540.284.712
1.083.363.827
Rupiah
PT Supracor Sejahtera
PT Satyamitra Kemas Lestari
PT Sentosa
CV Siska Aneka Tambang
PT Intinusa Mitra Sukses
CV Makmur Sejahtera Abadi
CV Watu Nusantara Permai
CV Sapta Sarana
CV Indostone Chemical
PT Ferro Mas Dinamika
Heldani
UD Gunung Fajar Abadi
UD Delima
CV Bagus
UD Hadi Jaya
Tatang Hamdani
CV Makmur
UD Slamet Jaya
PT Livitra Dian Baru
10.421.206.740
9.471.926.601
916.327.099
291.382.568
1.522.533.020
2.438.219.104
272.144.794
475.617.117
Singapore dollar
22.152.288
66.273.151
Japanese yen
90.436.018.707
96.696.953.380
55
TO
THIRD
PARTIES
2010
28.333.135.209
27.856.398.233
19.951.714.337
14.294.770.928
25.736.579.387
26.370.173.461
21.479.569.364
23.110.631.168
90.436.018.707
96.696.953.380
2010
249.663.458
77.858.382
68.866.178
110.519.010
277.071.473
9.523.161.803
128.125.965
178.565.096
Sales advance
Insurance
Purchase of machineries
Promotion
Others
396.388.018
10.217.443.347
2010
Ongkos angkut
Listrik, air, gas dan telepon
Bunga
Jasa profesional
Lain-lain
29.538.400.584
20.604.381.018
862.759.213
794.750.000
513.087.262
32.205.484.022
17.169.408.353
1.275.530.748
670.048.000
256.534.064
Freight
Electricity, water, gas and telephone
Interest
Professional fees
Others
52.313.378.077
51.577.005.187
56
16. PERPAJAKAN
16. TAXATION
a.
b.
3.251.514.302
5.661.761.610
476.044.753
25.492.271
2.280.749.040
5.768.312
481.272.385
32.339.986
2.094.889.583
564.174.670
5.807.330.823
3.142.403.979
11.846.899.501
11.976.842.213
c.
2010
2010
129.917.780.801
107.737.306.456
(108.415.722.133)
(95.101.488.630)
(5.422.088.275)
5.422.088.275
Elimination entries
16.079.970.393
18.057.906.101
684.164.572
137.832.045
388.986.011
130.371.954
20.783.220
10.177.168
136.948.654
-
(5.445.327)
57
(5.154.061)
d.
2010
1.231.436.757
(2.129.488.199 )
(750.697 )
-
816.318.964
470.105.048
576.670.350
55.179.214
16.028.679.932
20.627.332.235
63.946.737.654
44.877.325.976
4.855.565.298
54.732.157.659
40.950.882.004
4.768.205.764
129.708.308.860
121.078.577.662
d.
Temporary differences
Provision for employee benefits
Depreciation of fixed assets
Gain on sale of fixed assets
Provision for impairment of receivables
Estimated taxable income
Company
Subsidiaries
PT Arwana Nuansakeramik
PT Sinar Karya Duta Abadi
PT Primagraha Keramindo
Total estimated taxable income
2010
16.028.679.000
20.627.332.000
Entitas Anak
PT Arwana Nuansakeramik
63.946.737.000
54.732.157.000
Subsidiaries
PT Arwana Nuansakeramik
44.877.325.000
40.950.882.000
PT Primagraha Keramindo
4.855.565.000
4.768.205.000
PT Primagraha Keramindo
4.007.169.750
5.156.833.000
15.986.684.250
11.219.331.250
1.213.891.250
13.683.039.250
10.237.720.500
1.192.051.250
32.427.076.500
30.269.644.000
58
2010
532.559.724
(307.859.189)
(261.693.850)
(204.079.741)
67.912.751
193.420.286
(13.794.804)
292.613.286
(286.148.109)
Entitas Anak
Penyesuaian atas kewajiban
pajak tangguhan aset tetap
406.393.864
Transaksi sewa guna usaha
39.451.858
Pembalikan atas (penyisihan untuk)
cadangan penurunan
nilai piutang
7.500.000
Penyisihan imbalan kerja
(548.308.506)
Penyusutan aset tetap
(11.873.315)
Subsidiaries
(3.585.758)
(92.343.778)
(440.997.102)
(467.789.706)
(106.836.099)
(1.004.716.344)
Konsolidasi
Keuntungan yang belum
direalisasi atas transaksi
antar perusahaan
Consolidation
1.355.522.069
(1.355.522.069)
1.541.299.256
(2.646.386.522)
33.968.375.756
27.623.257.478
Unrealized gains on
intercompany transaction
Pada bulan September 2008, Undangundang No. 7 Tahun 1983 mengenai Pajak
Penghasilan diubah untuk keempat kalinya
dengan Undang-undang No. 36 Tahun
2008. Perubahan tersebut juga mencakup
perubahan tarif pajak penghasilan badan
dari sebelumnya menggunakan tarif pajak
bertingkat menjadi tarif tunggal yaitu 28%
untuk tahun fiskal 2009 dan 25% untuk
tahun fiskal 2010 dan seterusnya.
59
2010
4.007.169.750
5.156.833.000
15.986.684.250
11.219.331.250
1.213.891.250
13.683.039.250
10.237.720.500
1.192.051.250
32.427.076.500
30.269.644.000
211.159.405
3.707.353.928
223.554.944
2.747.088.090
1.664.874.035
7.446.756
23.584.728.074
1.045.533.696
20.591.705.660
29.175.562.198
24.607.882.390
88.656.417
2.186.189.966
1.618.579.552
1.542.110.066
2.168.267
2.998.097.236
513.155.158
(35.680.750)
3.251.514.302
5.661.761.610
60
f.
Taksiran
penghasilan
kena
pajak
untuk tahun yang berakhir pada tanggal
31 Desember 2010 adalah sesuai dengan
yang tercantum pada masing-masing Surat
Pemberitahuan Tahunan Pajak Penghasilan
tahun 2010 yang disampaikan Grup ke
Kantor Pelayanan Pajak.
2011
Aset pajak tangguhan
Perusahaan
Kewajiban imbalan kerja
Cadangan penurunan nilai piutang
Entitas Anak
Kewajiban imbalan kerja
Penyusutan aset tetap
Cadangan penurunan nilai piutang
Transaksi sewa guna usaha
Konsolidasi
Keuntungan yang belum
direalisasi atas transaksi
antar perusahaan
2010
1.511.318.965
13.794.804
1.203.459.776
13.794.804
1.525.113.769
1.217.254.580
2.739.099.898
333.934.115
84.843.778
10.213.952
2.190.791.392
728.454.664
92.343.778
49.665.810
3.168.091.743
3.061.255.644
Subsidiaries
Employee benefits liability
Depreciation of fixed assets
Allowance for impairment of receivables
Finance lease transactions
Consolidation
-
61
1.355.522.069
Unrealized gains on
intercompany transaction
2010
868.367.720
267.895.245
656.746.049
3.168.091.743
-
949.359.335
3.061.255.644
1.355.522.069
3.824.837.792
5.366.137.048
g.
2010
107.737.306.456
32.479.445.200
26.934.326.614
802.746.022
526.142.724
213.239.251
164.076.655
Non-deductible expenses
(1.361.332)
(1.288.515)
67.912.751
406.393.864
33.968.375.756
27.623.257.478
62
2010
Hutang bank
PT Bank Central Asia Tbk
Fasilitas kredit investasi
75.000.000.000
PT Bank Negara Indonesia (Persero) Tbk
Fasilitas kredit investasi setelah dikurangi biaya provisi
yang belum diamortisasi
69.157.647.619
PT Bank Jasa Jakarta
95.000.000.000
98.140.235.644
Bank loans
PT Bank Central Asia Tbk
Investment credit facility
PT Bank Negara Indonesia (Persero) Tbk
Investment credit facilities - net of
unamortized debt
commission fees
3.170.416.651
144.157.647.619
196.310.652.295
17.385.932.783
663.927.454
152.010.646
133.721.311
83.035.924
Due to suppliers
Consumer financing payable
PT Mitsui Leasing Capital Indonesia
PT BII Finance
161.829.312.359
197.057.615.673
69.966.801.852
17.385.932.783
154.923.318
59.654.712.312
46.446.164
Jumlah
87.507.657.953
59.701.158.476
Total
74.321.654.406
137.356.457.197
Long-term portion
2010
9,50%
9,50%
10,25%
11,00% - 12,00%
9,67% - 10,33%
10,00%
9,97%
PT BII Finance
9,97%
10,00%
PT BII Finance
63
a.
a.
by
to
to
to
b.
c.
Perusahaan
wajib
mempertahankan
kepemilikan pada SKDA minimal sebesar
51%.
c.
d.
d.
64
e.
e.
a.
beberapa
fasilitas
a.
65
b.
b.
Fasilitas
kredit
investasi
sebesar
Rp10.355.000.000 (diperoleh di tahun
2008). Hasil pencairan pinjaman dari
fasilitas
tersebut
digunakan
untuk
membiayai
rekondisi/modifikasi
mesin
produksi dan renovasi bangunan serta
prasarana pabrik. Pada bulan Maret 2011,
pinjaman tersebut telah di lunasi oleh ANK.
c.
Fasilitas
kredit
investasi
sebesar
Rp164.665.000.000 (diperoleh di tahun
2007). Hasil pencairan pinjaman dari fasilitas
tersebut digunakan untuk membiayai
pembangunan
pabrik
keramik
ANK.
Pinjaman ini diangsur secara triwulan mulai
bulan Mei 2007 sampai dengan bulan
Februari 2013. Pada tanggal 31 Desember
2011 dan 2010, saldo pinjaman yang
berasal dari fasilitas kredit investasi bersih
dari biaya provisi yang belum diamortisasi
masing-masing sebesar Rp47.506.414.462
dan Rp80.771.178.748.
a.
a.
66
b.
b.
c.
transaksi
merger
dan
merger
(2) Invest in
financing
(3) Memberikan
atau
menerimakan
pinjaman kepada atau dari pihak lain,
kecuali jika pinjaman tersebut diberikan
atau diterima dalam rangka transaksi
yang berkaitan dengan usahanya
(4) Menjaminkan
harta
kekayaan
Perusahaan dan ANK dalam bentuk
dan maksud apapun kepada pihak lain
through
acquisition
Perusahaan
wajib
menyampaikan
pemberitahuan tertulis kepada BNI dan ANK
wajib memperoleh persetujuan tertulis dari
BNI apabila akan melakukan transaksitransaksi, antara lain:
shares
and
short-term
(2) Mengeluarkan
saham-saham
baru
dan/atau menjual saham-saham yang
ada
67
income
and
pay
68
Capital
Leasing
Indonesia
PT BII Finance
PT BII Finance
Due to Suppliers
69
Tabel berikut ini merangkum komponenkomponen atas beban imbalan kerja karyawan
bersih yang diakui dalam laporan laba rugi
komprehensif konsolidasian dan jumlah yang
disajikan dalam laporan posisi keuangan
konsolidasian sebagai kewajiban imbalan kerja
yang dihitung oleh aktuaris independen
(PT Dian Artha Tama)
dalam
laporannya
bertanggal 14 Desember 2011 untuk tahun 2011
dan bertanggal 14 Januari 2011 untuk tahun
2010 untuk Perusahaan, ANK, SKDA dan PGK.
2010
3.437.930.938
1.112.257.343
12.984.147
9.766.171
1.864.275.042
929.905.601
(20.331.529)
9.766.171
4.572.938.599
2.783.615.285
2010
25.913.449.695
(31.762.747)
14.830.097.908
(41.528.918)
(8.880.011.495)
(1.211.564.317)
17.001.675.453
13.577.004.673
70
2010
13.577.004.673
4.572.938.599
(1.148.267.819)
10.996.697.302
2.783.615.285
(203.307.914)
17.001.675.453
13.577.004.673
Asumsi
dasar
yang
digunakan
dalam
menentukan kewajiban penyisihan imbalan kerja
pada tanggal 31 Desember 2011 dan 2010
adalah sebagai berikut:
Tingkat
kematian:
menggunakan
Commissioners Standard Ordinary (CSO)
1980.
Tingkat kenaikan gaji: 10% per tahun pada
tahun 2011 dan 8% pada tahun 2010
2010
6.811.947.956
224.866.439
218.916.504
500.000
7.256.230.899
5.956.395.889
202.764.679
187.150.785
-
PT Primagraha Keramindo
PT Sinar Karya Duta Abadi
PT Arwana Nuansakeramik
PT Arwana Anugerah Keramik
6.346.311.353
ANK, SKDA and PGK paid cash dividends to noncontrolling interests totaling Rp306,200,000 in June
2011 and Rp530,980,000 in August 2010.
71
Pemegang saham
Jumlah saham
ditempatkan
dan disetor
penuh/
Number of
shares issued
and fully paid
Persentase
kepemilikan/
Percentage
of ownership
Jumlah/
Amount
Stockholders
457.500.000
24,93%
22.875.000.000
315.000.000
255.000.000
17,16
13,89
15.750.000.000
12.750.000.000
243.999.880
13,29
12.199.994.000
563.857.864
30,73
28.192.893.200
100,00%
91.767.887.200
Total
1.835.357.744
2010
Pemegang saham
Jumlah saham
ditempatkan
dan disetor
penuh/
Number of
shares issued
and fully paid
Persentase
kepemilikan/
Percentage
of ownership
Jumlah/
Amount
Stockholders
457.500.000
24,93%
22.875.000.000
317.683.000
251.000.000
17,31
13,68
15.884.150.000
12.550.000.000
243.999.880
92.906.500
13,29
5,06
12.199.994.000
4.645.325.000
472.268.364
25,73
23.613.418.200
100,00%
91.767.887.200
Total
1.835.357.744
72
2.500.000.000
2.173.449.960
4.673.449.960
Biaya emisi efek dari:
Penawaran umum perdana pada
tahun 2001
Penawaran umum terbatas pada
tahun 2002
2.346.528.180
4.271.464.465
401.985.495
Net
Bersih
73
23.
74
23. SELISIH
NILAI
RESTRUKTURISASI
SEPENGENDALI (lanjutan)
23.
TRANSAKSI
ENTITAS
2010
Penjualan
Pihak-pihak berelasi (Catatan 29)
Pihak ketiga
860.946.098.437
67.798.692.865
759.878.947.730
75.159.095.261
Sales
Related parties (Note 29)
Third parties
928.744.791.302
835.038.042.991
(6.059.961.891)
922.684.829.411
(4.854.138.910)
830.183.904.081
Aggregate
sales
to
PT Catur
Sentosa
Adiprana Tbk and its subsidiaries, related parties,
amounted
to
Rp860,946,098,437
and
Rp759,878,947,730, representing 93.31% and
91.53% of the consolidated net sales in 2011 and
2010, respectively (Note 29). Except for the above
customer, no sales to an individual customer
exceeded 10% of consolidated net sales in 2011
and 2010.
75
2010
238.876.140.773
16.958.823.981
379.379.822.574
212.053.821.853
14.318.005.429
352.959.395.398
635.214.787.328
579.331.222.680
2.507.258.424
(2.192.093.488)
635.529.952.264
(13.384.112.539)
636.881.558.816
16.944.896.642
(2.209.177.551)
579.074.660.566
Finished goods
At beginning of year
At end of year
Others - realization of the
last year unrealized profit
565.896.310.681
3.766.546.757
(16.944.896.642)
Work in process
At beginning of year
At end of year
2.250.696.310
(2.507.258.424)
2010
94.917.308.146
4.502.304.417
860.471.596
608.384.896
335.464.172
296.635.394
288.583.676
3.280.476.701
79.292.939.740
3.508.978.791
2.102.421.060
553.621.466
293.076.165
279.585.602
248.662.075
2.278.947.193
Selling expenses
Transportation and loading
Salaries, wages and employee benefits
Promotion and advertising
Transportation
Office supplies
Donations and representation
Depreciation of fixed assets (Note 10)
Others
105.089.628.998
88.558.232.092
Total
15.232.997.172
5.432.083.257
1.562.743.057
1.530.409.772
1.430.110.059
1.183.799.269
357.330.499
355.500.838
188.189.149
145.206.218
4.323.391.580
11.913.577.765
8.144.602.234
273.765.753
1.318.644.054
1.494.861.291
1.541.252.010
296.742.196
313.688.310
114.493.118
248.860.377
2.922.611.998
Jumlah
31.741.760.870
28.583.099.106
Total
136.831.389.868
117.141.331.198
Jumlah
76
2010
19.497.359.828
16.275.778
1.121.340.703
31.141.045.775
129.335.545
2.698.485.374
20.634.976.309
33.968.866.694
2011
Laba tahun berjalan yang dapat
diatribusikan kepada pemilik
Entitas Induk
Ju mlah rata-rata tertimbang saham
Laba bersih per saham
29. TRANSAKSI
BERELASI
DENGAN
2010
94.733.785.499
1.835.357.744
52
PIHAK-PIHAK
Jumlah/Total
2011
PT Catur Sentosa
Adiprana Tbk
716.346.450.445
PT Catur Hasil Sentosa
41.038.400.130
PT Catur Logamindo
Sentosa
39.701.776.281
PT Caturadiluhur Sentosa 38.487.254.052
PT Catur Karda Sentosa
21.276.696.841
PT Catur Mitra Sejati
Sentosa
4.095.520.688
860.946.098.437
79.039.853.128
1.835.357.744
43
Jumlah penjualan
Interest Expense
Bank loans
Consumer financing payable
Bank administration charges
Total other expenses finance costs
2010
2011
624.903.015.989
31.587.437.485
77,64%
4,45
44.533.482.815
30.061.042.698
24.322.188.517
4,30
4,17
2,31
4.471.780.226
0,44
759.878.947.730
93,31%
2010
75,27%
3,80
5,36
3,62
2,93
0,55
91,53%
Total sales
77
PIHAK-PIHAK
29. TRANSACTIONS
(continued)
WITH
RELATED
PARTIES
2010
Aset Keuangan
Pinjaman yang diberikan dan piutang
Kas dan setara kas
Piutang usaha
Piutang lain-lain
Aset lancar lain-lain
Aset tidak lancar lain-lain
10.036.563.669
199.302.211.699
384.744.878
14.776.635.014
433.992.280
40.054.250.900
195.999.259.700
501.492.460
3.108.754.046
848.352.600
Financial Assets
Loans and receivables
Cash and cash equivalents
Trade receivables
Other receivables
Other current assets
Other non-current assets
Jumlah
224.934.147.540
240.512.109.706
Total
Liabilitas Keuangan
Liabilitas yang dicatat sebesar nilai wajar
atau biaya perolehan yang diamortisasi
Hutang jangka pendek
Hutang bank
Hutang pembiayaan konsumen
Hutang usaha kepada pihak ketiga
Hutang lain-lain
Biaya masih harus dibayar
Hutang jangka panjang yang
jatuh tempo dalam satu tahun
Hutang bank
Hutang kepada pemasok
Hutang pembiayaan konsumen
Hutang jangka panjang - setelah
dikurangi bagian yang jatuh
tempo dalam satu tahun
Hutang bank
Hutang pembiayaan konsumen
Hutang kepada pemasok
Jumlah
14.510.636.405
76.828.818.928
90.436.018.707
396.388.018
52.313.378.077
162.456.250
96.696.953.380
10.217.443.347
51.577.005.187
69.966.801.852
17.385.932.783
154.923.318
59.654.712.312
46.446.164
Financial Liabilities
Liabilities at fair value
or amortized cost
Short-term debts
Bank loans
Consumer financing
payable
Trade payables to third parties
Other payables
Accrued expenses
Current maturities of
long-term debts
Bank loans
Due to suppliers
Consumer financing payable
74.190.845.767
130.808.639
-
136.655.939.983
36.589.760
663.927.454
319.485.733.566
432.540.292.765
78
Total
30. FINANCIAL
(continued)
ASSETS
AND
LIABILITIES
2010
10.036.563.669
199.302.211.699
384.744.878
14.776.635.014
40.054.250.900
195.999.259.700
501.492.460
3.108.754.046
Jumlah
224.500.155.260
239.663.757.106
Total
433.992.280
848.352.600
224.934.147.540
240.512.109.706
Total
14.510.636.405
90.436.018.707
396.388.018
52.313.378.077
76.828.818.928
162.456.250
96.696.953.380
10.217.443.347
51.577.005.187
69.966.801.852
17.385.932.783
154.923.318
59.654.712.312
46.446.164
245.164.079.160
295.183.835.568
Total
74.190.845.767
130.808.639
-
136.655.939.983
36.589.760
663.927.454
319.485.733.566
432.540.292.765
Total
79
30. FINANCIAL
(continued)
ASSETS
AND
LIABILITIES
a.
MANAJEMEN
80
MANAJEMEN
i.
i.
Manajemen Risiko
Risk management
81
MANAJEMEN
US$
Euro
31 Desember 2011/
December 31, 2011
5 Maret 2012
(Tanggal Laporan
Auditor)/
March 5, 2012
(Auditors' Report
Date)
755.662.647
557.585.238
760.830.290
572.695.443
1.313.247.885
1.333.525.733
83.333
47.499
Jumlah aset
Kewajiban
Hutang usaha kepada
pihak ketiga
US$
Euro
SIN$
JPY
US$
4.962.896
207.755
39.038
189.660
558.715
44.957.261.842
2.438.860.119
272.144.794
22.152.288
5.066.427.620
1.275.000
250.500
45.311.240.480
2.504.902.035
284.001.450
21.241.920
5.101.067.950
Assets
Cash and cash equvalents
Total assets
Liabilities
Trade payables to
third parties
Accrued expenses
Current maturities of
long-term debts due
to suppliers
14.967.212.250
2.271.534.000
15.372.675.000
2.287.065.000
Jumlah liabilitas
69.995.592.913
70.882.193.835
Total liabilities
Liabilitas bersih
68.682.345.028
69.548.668.102
Net liabilities
31 Desember 2011/
December 31, 2011
11.739
117
9.068
6.974
5 Maret 2012/
March 5, 2012
12.057
112
9.130
7.275
Foreign Currency
Euro (EUR1)
Japanese yen (JP100)
U.S. dollar (US$1)
Singapore dollar (S$1)
82
MANAJEMEN
Risiko kredit
Credit risk
83
MANAJEMEN
190.204.697.830
9.097.513.869
384.744.878
14.776.635.014
811.007.540
Jumlah
225.311.162.800
Total
10.036.563.669
Risiko likuiditas
Liquidity risk
84
MANAJEMEN
Kurang dari/
Below
1 tahun/year
1-2 tahun/years
2-3 tahun/years
3-5 tahun/years
14.510.636.405
90.436.018.707
396.388.018
52.313.378.077
70.202.037.567
17.385.932.783
24.230.051.719
-
25.000.000.000
-
15.000.000.000
-
10.000.000.000
-
154.923.318
130.808.639
245.399.314.875
24.360.860.358
25.000.000.000
15.000.000.000
10.000.000.000
Nilai tercatat
pada tanggal/
Carrying value
as of 31 Desember/
December 2011
Biaya transaksi
atas hutang/
Debt issuance
cost
Lebih dari/
Over
5 tahun/years
14.510.636.405
90.436.018.707
396.388.018
52.313.378.077
(274.441.667 )
(274.441.667 )
144.157.647.619
17.385.932.783
285.731.957
319.485.733.566
85
MANAJEMEN
Manajemen modal
ii.
Capital management
Pada tanggal 31 Desember 2011, akunakun Grup yang membentuk rasio ekuitas
terhadap hutang adalah sebagai berikut:
As of December 31, 2011, the Groups debtto-equity ratio accounts are as follows:
69.966.801.852
154.923.318
74.190.845.767
130.808.639
14.510.636.405
Jumlah Liabilitas
158.954.015.981
Total Liabilities
Ekuitas - Bersih
483.173.285.156
0,33
Debt-to-equity ratio
86
Berdasarkan
informasi
keuangan
yang
digunakan oleh manajemen dalam mengevaluasi
kinerja segmen dan menentukan alokasi sumber
daya yang dimiliki, Grup menggunakan segmen
usaha dan segmen geografis.
Informasi menurut
sebagai berikut:
segmen
usaha
adalah
2011
Industri/
Manufacturing
Distribusi/
Distribution
Eliminasi/
Elimination
Konsolidasi/
Consolidated
Penjualan Bersih
Penjualan ekstern
Penjualan antar segmen
17.138.974.949
892.403.933.275
905.545.854.462
-
(892.403.933.275 )
922.684.829.411
-
Net Sales
External sales
Inter-segment sales
Jumlah penjualan
909.542.908.224
905.545.854.462
(892.403.933.275 )
922.684.829.411
Total sales
285.803.270.595
(136.831.389.868)
148.971.880.727
368.513.202
(19.513.635.605)
91.022.477
(33.968.375.756 )
265.287.682.652
(127.693.360.541)
15.093.499.687
(9.138.029.327)
5.422.088.256
Laba usaha
Pendapatan keuangan
Beban keuangan
Lain-lain - bersih
Beban pajak - bersih
137.594.322.111
368.026.297
(17.656.872.584)
(227.767.739)
(31.439.303.708)
5.955.470.360
486.905
(1.856.763.021)
318.790.216
(1.173.549.984)
5.422.088.256
(1.355.522.064)
3.244.434.476
4.066.566.192
95.949.405.045
1.235.677.646.747
334.963.446.118
47.035.669.348
204.809.372.426
185.346.663.981
435.481.160
(608.979.425.497 )
(171.975.801.579 )
-
831.507.593.676
348.334.308.520
47.471.150.508
50.712.665.307
605.076.045
51.317.741.352
87
Other Information
Segment assets
Segment liabilities
Acquisitions of fixed assets
Depreciation and amortization
expenses
Industri/
Manufacturing
Distribusi/
Distribution
Eliminasi/
Elimination
Konsolidasi/
Consolidated
Penjualan Bersih
Penjualan ekstern
Penjualan antar segmen
19.890.231.872
810.641.826.309
810.293.672.209
-
(810.641.826.309 )
830.183.904.081
-
Net Sales
External sales
Inter-segment sales
Jumlah penjualan
830.532.058.181
810.293.672.209
(810.641.826.309 )
830.183.904.081
Total sales
256.210.225.579
(109.331.508.685)
13.499.456.077
(7.809.822.513)
(5.422.088.256)
-
264.287.593.400
(117.141.331.198)
(5.422.088.256)
147.146.262.202
Laba usaha
146.878.716.894
5.689.633.564
Beban keuangan
Lain-lain - bersih
Beban pajak - bersih
(29.502.574.103)
(8.225.427.852)
(26.480.488.304)
(1.698.542.821)
17.589.030
(1.142.769.174)
Informasi Lainnya
Aset segmen
Liabilitas segmen
Perolehan aset tetap
Beban penyusutan dan
amortisasi
(31.201.116.924 )
(8.207.838.822 )
(27.623.257.478 )
82.670.226.635
2.865.910.599
(5.422.088.256)
80.114.048.978
1.220.852.731.979
436.590.219.853
29.524.849.163
214.438.179.858
197.419.905.889
784.146.514
(562.136.825.915)
(175.915.986.091)
-
873.154.085.922
458.094.139.651
30.308.995.677
50.132.108.903
573.390.998
50.705.499.901
Finance costs
Miscellaneous - net
Income tax expense - net
Income before
non-controlling interests
in net earnings of consolidated
Subsidiaries
Other Information
Segment assets
Segment liabilities
Acquisitions of fixed assets
Depreciation and amortization
expenses
a.
a.
Distribusi/
Distribution
9.729.605.553
7.409.369.396
572.491.870.027
333.053.984.435
582.221.475.580
340.463.353.831
2011
Java
Outside Java
Jumlah penjualan
segmen
17.138.974.949
905.545.854.462
922.684.829.411
2010
Jawa
Luar Jawa
12.763.109.096
7.127.122.776
528.559.831.106
281.733.841.103
541.322.940.202
288.860.963.879
2010
Java
Outside Java
Jumlah penjualan
segmen
19.890.231.872
810.293.672.209
830.183.904.081
88
b.
Aset segmen:
2011
Jawa Bagian Barat
Jawa Bagian Timur
Jumlah aset
segmen
Jumlah aset
segmen
Segment assets:
Industri/
Manufacturing
Distribusi/
Distribution
Eliminasi/
Elimination
Konsolidasi/
Consolidated
878.734.005.611
356.943.641.136
204.536.825.856
272.546.570
(608.979.425.497)
-
474.291.405.970
357.216.187.706
2011
West Java
East Java
(608.979.425.497 )
831.507.593.676
498.736.575.632
374.417.510.290
2010
West Java
East Java
1.235.677.646.747
2010
Jawa Bagian Barat
Jawa Bagian Timur
c.
204.809.372.426
846.469.602.313
374.383.129.666
214.403.799.234
34.380.624
(562.136.825.915)
-
1.220.852.731.979
214.438.179.858
(562.136.825.915)
c.
873.154.085.922
Distribusi/
Distribution
2011
Jawa Bagian Barat
Jawa Bagian Timur
40.021.353.739
7.014.315.609
407.517.660
27.963.500
40.428.871.399
7.042.279.109
2011
West Java
East Java
Jumlah perolehan
aset tetap
47.035.669.348
435.481.160
47.471.150.508
Total acquisitions of
fixed assets
2010
Jawa Bagian Barat
Jawa Bagian Timur
23.727.615.240
5.797.233.923
764.341.514
19.805.000
24.491.956.754
5.817.038.923
2010
West Java
East Java
Jumlah perolehan
aset tetap
29.524.849.163
784.146.514
30.308.995.677
Total acquisitions of
fixed assets
33. SIGNIFICANT
COMMITMENTS
AGREEMENTS
AND
a.
a.
b.
b.
89
a.
b.
36. PERNYATAAN
STANDAR
AKUNTANSI
KEUANGAN DAN INTERPRETASI
90
36. PERNYATAAN
STANDAR
AKUNTANSI
KEUANGAN DAN INTERPRETASI (lanjutan)
36. STATEMENTS
STANDARDS
(continued)
OF FINANCIAL ACCOUNTING
AND
INTERPRETATIONS
PSAK
50
(Revised
2010),
Financial
Instruments: Presentation, established the
principles for presenting financial instruments
as liabilities or equity and for offsetting financial
assets and financial liabilities.
PSAK
60,
Instrumen
Keuangan:
Pengungkapan,
mensyaratkan
pengungkapan dalam laporan keuangan
yang memungkinkan para pengguna untuk
mengevaluasi
signifikansi
instrumen
keuangan atas posisi dan kinerja keuangan;
dan jenis dan besarnya risiko yang timbul
dari instrumen keuangan yang mana entitas
terekspos selama periode dan pada akhir
periode pelaporan, dan bagaimana entitas
mengelola risiko-risiko tersebut.
91
36. PERNYATAAN
STANDAR
AKUNTANSI
KEUANGAN DAN INTERPRETASI (lanjutan)
36. STATEMENTS
STANDARDS
(continued)
OF FINANCIAL ACCOUNTING
AND
INTERPRETATIONS
1 Januari 2010/
31 Desember 2009
Hak Minoritas
Diklasifikasikan
kembali
Jumlah
Alasan
Ekuitas
kepentingan
nonpengendali
6.436.311.353
Reklasifikasi untuk
menyesuaikan
dengan persyaratan
penyajian
dalam
PSAK 4 (Revisi
2009)
Ekuitas
kepentingan
nonpengendali
5.803.095.503
Reklasifikasi untuk
menyesuaikan
dengan persyaratan
penyajian
dalam
PSAK 4 (Revisi
2009)
38. PENYELESAIAN
KONSOLIDASIAN
LAPORAN
KEUANGAN
As previously
reported
December 31, 2010
Minority Interest
January 1, 2010/
December 31, 2009
Minority Interest
As reclassified
Amount
Reason
Stockholders equity
non-controlling
interests
6,436,311,353
Reclassification to
conform with the
presentation
requirement
of
PSAK 4 (Revised
2009)
Stockholders equity
non-controlling
interests
5,803,095,503
Reclassification to
conform with the
presentation
requirement
of
PSAK 4 (Revised
2009)
38. COMPLETION
OF
THE
FINANCIAL STATEMENTS
CONSOLIDATED
92
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