PT. GUDANG GARAM Tbk.
KEDIRI - INDONESIA
PT GUDANG GARAM Tbk DAN ENTITAS
ANAK/
PT GUDANG GARAM Tbk AND
SUBSIDIARIES
LAPORAN KEUANGAN KONSOLIDASIAN /
CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKHIR 31 DESEMBER 2016DAN 2015/
YEAR ENDED 31 DECEMBER 2016 AND 2015PT GUDANG GARAM Tbk DAN ENTITAS ANAK/
PF GUDANG GARAM Tbk AND SUBSIDIARIES
ISUCONTENTS
SURAT PERNYATAAN DIREKSI ATAS TANGGUNG JAWAB/
BOARD QF DIRECTORS” STATEMENT QF RESPONSIBILITY
LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN BERAKHIR 31 DESEMBER 2016)
CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016: HalamaniPage
LAPORAN POSISI KEUANGAN KONSOLIDASIAN!
CONSOLIDATED STATEMENTS OF FINANCIAL POSIFION 0. a 1-2
LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN!
‘CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME. 3
LAPORAN PERUBAHAN EKUITAS KONSOLIDASTAN/
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
LAPORAN ARUS KAS KONSOLIDASIAN/
CGNSOLIDATED STATEMENTS OF CASH FLOWS
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN/
NQTES TO THE CONSQLIDATED FINANCIAL STATEMENTS,
LAPORAN AUDITOR INDEPENDENJINDEPENDENT AUDITORS’ REPORTSURAT PERNYATAAN DIREKSE
TENTANG
TANGGUNG JAWAB ATAS LAPORAN
KEUANGAN KONSOLIDASIAN
‘31 DESEMBER 2016 DAN 2015
PT. GUDANG GARAM Tbk.
DAN ENTITAS ANAK,
No. EWWOUGC-LVINL-IT
‘Rani yangbawoti-angan dt in atk nats aa
Dire
2 Nena Suto Wonoisojn
‘Alam omer Sesarpir edit
‘Alma musi JL Pala Suiruen 7.88, Surbay
Telepoo wseseeo001—7
2. Nama Harry Susi
‘Ala kincor J. Semmmp IV, Ked
‘lean domi, Br No 2, Kei
Tarn (Gssqiemo91 7
‘ste Dichter
smanpatakn bata
Tr un Betanegng wad tas penyysunss dan erin lipo
essngan Koatcien PT Gadang Gar Tak daa crise
Lipari keane Kevan PT Giang Garem TH dan
eta sake coh ssn dan dan sua dengan See
‘Atantne Kevangon de Insoness
3. & Sens infonmast dan lexan kevangan konslifacian
DI Gadaas Gavsn THe dan etek tlh mat scars
Seah on tower,
1 Caparis Reungan kenldeisn PF alan Garam THe
don enim de rengsoding Ife fin
eisal poe sik bam den tek menghiecglo
nies ft ter
4: ast sagt se pcg rt a
FF Gudang Gran Te denis sak,
‘Dewi prota neat ongansebearya
Kea,
g
Saito Wenn
ets Dieta
Presiden Director
PT. PERUSAHAAN
ROKOK “Yayo
Thk.
KEDIRI-INDONESIA
BOARD OF DIRECTORS" STATEMENT
REGARDING
RESPONSIBILITY FOR THE CONSOLIDATED
‘FINANCIAL STATEMENTS
31 DECEMBER 2416 AND 2015
PT.GUDANG GARAM To,
AND SUBSIDIARIES.
No. EO0OT/GG-ILIM17
We the andere, for and on bea of Boar of Directors
1 Niwa Suit Wonowiyo
Oe aatres 1 Senanpir i Kei
‘sien eens =. Panga Suir 9-85, Srahayo
Talerlone ‘oss4) nash?
2 Nome Hory Susans
Oe olde 2 Snap, Redo
Resferaa dares Pome 2 Kee
Teeptooe sve) eaz091 7
Fite Dicer
ska that
Toe are respon Jor te preparasion ond presentation of
He conmbied feel setends of PT Cad Gari To
2. The comoidte ania stints of PT Guang Gare To
tnd abit het boon prigard atl presenta in accordance
‘tl dndeesion Finca deranged
4 & All iforion eelnod the cosoldeed rani
Statements of PE Gadane Gar TA and seis 8
epee ind corre
2. Me comlted nncal somens of FF Oadans Garr
{Mand subldtarier dows not contin llrading ater
Seman on Sc it aera ion
4 Was repair thet otal at oP Cea
Gar TBE rl states
‘Pisses made neil
Maree 2017
.
joe
erry Steno
Dion
Duestor
(Gazal) 2966 7000 Fae
We €-82R1) PPS TORRPT GUDANG GARAM Tbk DAN ENTITAS ANAK/
PT GUDANG GARAM Thk AND SUBSIDIARIES:
LAPORAN POSISE KEUANGAN KONSOLIDASIAN!
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2016 DAN 2015!3J DECEMBER 2016 AND 2018
jam jutaan Rupiah, diayatakan kus Ir milions of Rupfah, unless otherwise specified)
site) _31Desenbeteceier
aser Nae —te Sa ssetia
AvetLancer Current Atte
at iia 3 ysisi20 2728481 ii santa
Pir on ict i 2OMS ——_LIBLOBE—Trnds errr porter
renedlan $3 sisiszma Tania ieee
Pi pone i ibe dha tase eane3t Prop vl
iour peer demi 6 sion duno Caiman
Mabae ange 5 hasta den 9 oon areo aoe
Tot Aset Lancer gin ——_ABS681 Tat Caren Assets
Ase Titak Lanar Noreen sets
Ast ep eh & ——-ggngso among id it
Aetpepl eggs beth n aso salt iieeemee
Pajak penghasitan ditayar dimaka 9923 103.1 Prepaid income fax
‘ta ana ln ° 0.190 iss csr aioe
Tot vet Tak Lanear 2936. Total Non-Caret des
Tora. aser egs64 sans rorat asses
{uta Catan aes Laporan Kevangen Konstan, yang See Nees he Console Finan Sateen wich
beasibioirabes wipearhreney eprom ny "Rinse opel part of eat onl natantPT GUDANG GARAM Tbk DAN ENTITAS ANAK/
PT GUDANG GARAM Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN (Lanjutany’
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Continued)
31 DESEMBER 2016 DAN 201513) DECEMBER 2016 AND 2015
(Dalam jutaan Rupiah, kecuali dinyarakan khusus! fr ovions of Rupfak, unless otherwise specified)
Catan! __31 DesembersDeconsbor
LIAMILITAS DAN EKUTTAS Nas rf 35 LisniLiries Axo Eourny
LiABiLttas aeaninies
nba angha Perel Care Labitites
Pinan tank gh pede we taasiags——ansonee Storttem banklears
neu tt Tate pots
Pha kt og 2349268 Thinparnes
Phat bers ses star alae pares
tharepe weeds ssa re
Utena si mii 1 rate ane
best b wisll aus “creed penser
Ci ga pend avn it Bakes 3 iter Sov notes
Total Links Jongh Pend 213865 B4osane Tote Carre Uatites
Labia gh Pa NonCurment Lishilides
Liha imbalan pase si 151377390 LL1807Postemplooment nei ities
CMa pj pan sh __ "Saget Sian Seba tar labios nor
Peatcaswecett rete AS2A1S Toa Non-Car Leider
TOTAL LIABILITAS 25.407 504 TOTAL LussaLiniEs
eKUITAS squire
Mol aan el rial Sheep prvi
Tip $0 (ropa pec aenieray
pers acta
Ris dae thor cpa
S518 00 80 ham 23a ba Saves
Boda dnenpika un csr pra tne pa pcp
s2tost a saa 16 snout sezous 504088000 ares
Agi star R a 00 Coit pl ccc oar
SE Mant deaps pit pate fence
cope s (iaieny 8280) Tae
silo ave eerie
ict 19 2m0000 200,000 Spprecinat
Bal Meaghan sett __aaailste conpprapicted
Eh ing dope din pa Ejutyaribisl io
emit ak me svagnou ——37.900.082 ners ofthe Company
xepeningan nonpengendl sa ta Ricotoling erst
TOTAL EKUITAS _3ss6icas_sn07909_ Toran equity
TOTAL LIABILITAS DAN rome Lapis Ax
ERUITAS Se sisal gerry
‘See Notes othe Consoldated Financial Starements, whch
form an kntegral part ofthese nance statementsPT GUDANG GARAM Tbk DAN ENTITAS A
|AK/
PT GUDANG GARAM Tbk AND SUBSIDIARIES
‘LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAI
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
TAHUN BERAKHIR 31 DESEMBER 2016 DAN 2015/FEARS ENDED 37 DECEMBER 2016 AND 205
(Dalam jutaan Rupiah, kecualidinyataksn Khusus!Jn mitliont of Rupiah, unless otherwive specified)
“Tahun berakuir 31 Deserber!
Caiman’ Year ended 3 Decerher
Nows — 2016 201s
Pendapatan 276274187 OHS 573
‘Bay pokok penjvelan 2h _ 596570491) _ (54879963)
Laba rato 1q616706 1848S 610
Pendapata Inne 161.288 134,909
Boban usta 22 (66HL400) (5.579.370)
Beban lions (sis) G8:436)
Labo furs, Bersih L 72,063
aba waaha 19,122.08 10.064.867
Behan bunga (1.198.908) __ 41,439,593)
{Lata sebelum pak penyhastan Be3136 838.275
Beban paak penahasilan 12 _a2sest) 22.44,
Laba ea726m2 6.452.838
Penghzsllan komprehensif lain
Pos-pos yang tidak akan pernahy
direhlasfhasi ke laba rust
Pengukuan Kembali bili ibalan
pst 1s cuisany 7576
Pj penaaslan ots penghasitan
oenprehensi ii __zssr 89)
Jomtah penghasilan kormprehenst 16.6015 5482
omlah penghasilan komprehensif $96.081 __ 6458516
[aba yang dapat diatribasilae kepada:
Perit nis ind sassesa
Kepentingan nonpengendall
Juma penghasilan Kompretensi yang
kam hepa
siaduk 6590482 6.440.336
epentingan nonpengendali (4901) 17.180
GRGpaT — GHBSIC
Revenue
Coast fates
Gross profit
ther Income
Operaitng expenses
(Otter exponeer
Foreign exchange gain, net
(Operating profr
Inert expanse
Profit before income ta
Income tax expense
Prof
Other conprehenstve come
ems that will never be recssfied ta
(profit oF ass
Remrasurement of defined benefit
Sabiles
Icom te om other
comprehensive incame
Total other comprehensive income
Total comprehensive income
Pra otetbuandle roe
Owners of the Company
Nonsconolling aterext
Total comprehensive Income
‘airbutable ta:
Ovener ofthe Compa
‘an-contraling interest
‘Laba per suham (daar Rupiah penutt) 23, 370 3345 Earntngs per shave (in-vhoe Rupiah)
Litt Catatan ats Laporan Keuangan Konselldasian, yang See Notes tothe Consolidated Financial Statements, which
rmerupalan bagian tak terpsahkan dari aporan keunngan i form an integral part of hese financial statementPT GUDANG GARAM Tbk DAN ENTITAS ANAK/
PT GUDANG GARAM Thk AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN!
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
‘TAHUN BERAKHIR 31 DESEMBER 2016 DAN 2015/VEARS ENDED 31 DECEMBER 2016 AND 2085
(Dalam jaan Rupiah, kecuall dinyatakan Kuss! n lions of Ruplah, unless ocherwise spect
atm tae ps om te
‘unused Copa
one estan
je ape —
et) stm io see
Set culate tee Tora
‘eget "Rat “Sines? Scent hath’ tenn Tasting tn,
So" com “that et Soop Comepiane Tout “eros ty
a a oe
"aes"
aves nse ra gene ee
se pet
4 = 2 ams astm) (sn) aletea Taran
shat eames nos) ese name rpm tone amma
i papa eter
Papel - % tore esmam anny ames
‘ectaar peo
eens vase bre
namiaticahna Sumy amy le
man mse lll
sno ne non, pe
‘Lihat Catatan stay Laporan Keuangan Konsolldasian, yang See Noter tothe Consolidated Flnanclad Statements, hich
rmeropakan hagian tak terpicaan dari laporan keusiga Ini “form an integral pas of hese financial statements.PT GUDANG GARAM Tbk DAN ENTITAS ANAK/
PT GUDANG GARAM Tbk AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIANY
CONSOLIDATED STATEMENTS OF CASH FLOWS
TTAHUN BERAKIHR 31 DESEMBER 2016 DAN 2018/VE(RS ENDED 3! DECEMBER 2016 AND 2015
(Dalam jutman Rupiah, kecuali dinyatakan Kuss! millon of Ruptah,unfes ocherwise specie
ARUS KAS DAREAKTIVITAS
‘OPERASE
Peporimaun kas dai pelanggse
Pembayaran kas kepada pemasole
Penbayaran untuk beban usa
Perbayaran kes kepeda karyavan
Penerimnan bangs
Pembayarun bung
Pembayaran pank penpusian badan
PPenermaun iia
‘Kar bersih dar aktivieas operas
ARUS KAS DARIAKTIVITAS
INVESTASI:
Perolchan ast trap
PPenerimaan kas dail penjunlan ase teap
‘Kas herahanruk abtivitas investi
ARUS KAS DARIAKTIVITAS
FENDANAAN:
‘Peterman dar iaman jangka pendek
Pembayaran pinjtna jar. engok
Pembayaran diviéen kepada’
Pemlik nit idk
Kepentingan noopengendali
Peagetoran modal saham enias anak oleh
eregangsaharm nonpengendalt
Pecan saharn entities dae
Temegnnig shar ponpengerdale
‘Kas ers untuk oltivas peadanan
Rug) taba hurts has dam seta ay
\Pemurunan) Kenatkam bers as dan
setara has
Kas dans
as, awa tabu
as, aie tahun
Linat Catatan
merapakan bagian tk terpsabhan ds
Laporan Keuangan Konsotidasinn, yang.
“aun berakhi 31 Desember!
Calan) _ Fear ended 31 Decombor
‘Nows_— 2016 TOS
CASH FLOWS FROM OPERATING
ACTIVITIES:
75706181 70381,160 Cazh reoived from eustomers
(SHIT) (38015 98) Cath paid suppliers
(ig7322) (3.482.970) Payments for operating expenses
8318) 407.036) Payments 19 employees
0sI8 50058 Receipts of terest
(1.233.286) (524.3005 Payments of intrest
(23405;902) (830,188) Paymente of corporate income fax
‘Ger cash reco
Net cash som operating activites
(CASH FLOWS FROM INVESTING
ACTIVITIES:
(2335396) @enaz7 Acquistion of fred assets
5 WOB.ISS —DRORR Cash recip from sale of fied anete
TTEBEOT) TOON TVA Nex cunh use dn investing wets
(CASH FLOWS FROM FINANCING
ACTIVITIES:
14,700,000 11,800,000 Proceeds frm shorten Toons
(14800 000) ¢19)499,$60) Repagment of shorts Toons
Payments of vided 0
2 e5.p02.629) (1.889.240) vers of the Compary
ain ese) Non-conoofting meres
‘Subudsony expt canenbsion by
2 1 nom-contoting shareholders
Acquisition of rabsiciory shares from
5398) 708) now-conarolling sterest
D072) —_OEESIO] Netensh wse Jn fnancing actives
orsign exchange los) pain on cas
(om) gata ‘ond cath cqumalents
Net (lecronse} increase i cash an cash
ema 24390 equivalents
Carh sae cach equivalent, beginning
\.26s02 ‘of year
3 BALATS 1264702 Cask and cash equivalents, end of rear
See Noes to the Consolidates Flaancial Statements Ait
form en Integral port of these Financial statements.PT GUDANG GARAM Tbk DAN ENTITAS ANAK/
PT GUDANG GARAM Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN:VOTES TO THE CONSOLIDATED FIVANCIAL STATEMENTS
“TAHUN BERAKHIR 31 DESEMBER 2016 DAN 2015/VEARS ENDED 3] DECEMBER 2016 AND 2015
(Dafom juizan Rupiah, kecual dinyatakan knususle litany of Rupiah. watess otherwise specified)
1
UMUM.
Pendictan dan informasi ume
FT Gutane Garam Tbk (*Perseraun”), yang semula Bernama
PP Perusahaan Rokok jap "Gudang Garam” Kedit
(PT Gudang Garam), didirkan dengan akta Suroso SH, Waki
elses semanas ci Kediri, tangas! 30 Jem 1971 Na 10,
sliutah dengan aka notrs yang soma tanggs! 13 Okivber
TTI No, Ss aktoktn int dicenulolsh Mentes) Kekakiman
dengan No. 1A.SI1977 pads tngeal 17 Nopember 1971,
idatirkan di Pengacllua Negeti Keel dengan No. 30/1971
ddan No_ 32/1971 tanggal 26 Nopember 1971, dan diomumisn,
dalam Tambahan Na. 386 pada, Besta Negara No, 104
tanggal 28 Desembo 1971,
Persesoan meupan Kelanjutn dari Perusahaan Perorangan
yang, diiikan tahun 1988. Poda tun 1969 berubah stats
‘menjadi Firma dan pada tahun 1971 menjadi Perseraan
Terbatas. Operas komersial dia anu 1958.
‘Anggsran Dasar Perseraan (lah mngslam beberapa Kalk
perubafan, Perubuhar terakhie diskulan dengan aku noaris
Sti Nurul Yotami, SH, MK tnggal 21 September 2015 No 52
Untuk memsmahi Ketntuan Pevatren Orin Fes Ketan
(COIK™) No, Z/POTK 04/2014 dan No. 33 PODK, 42014.
Perseraan berdomisili dé Indonesia dengan Kantor Passt dh
JL Semampic IW, Kedlei,Jawa Timur serta memilkipabrik
yang berlois! "di Keil, Gempol, Karanganyar dan
Sumenep, Poisroan juga memillki Kamior-kamir Perak.
Yin Kantor Perwaiisn Jaren 8 JI Jenderal A Yan
Takara dar Kantor Pereilan Surabaya di JL Pengenal 7
15, Surabaya, Jaa Timur
Seaini dengan pul 3. Angguran Dasmya, Persermn
berger di balang Indust! oko dan yang terkait dengan
‘das ako
FT Suryaiutn tnvestimm merupakan emits nuk terakir
Persera,
GENERAL
a Fsteishment an general information
{£7 Grane Garam Tot (“tee Comper"), previowly named as
PT Perwcakoan Balok Tap "Cding Garam" Keli
{IPT Gusting Gavan). was established by eed of Ae, Swreso
SH, acting notary public ln Kedirh, lated 30 June 1971 Na 10.
amend ty ded of the same etary debe 7 Octaber. 1971
Na. 13: these deeds ware apprave by the Minister of Justice
tester No, LA.S1977 on 17 November 1971, registered at the
Kear Court af Justice under No. 35/197 and io. 32/1971 on
26 November 1971, and published in Supplement No. 388 to
Stowe Gzete No. 404 dod 28 December 1971
‘The Company it continuation af @ Proprietorship which was
stalin in 1954 Jn 1969, the Company changed ts legal
Stoner 0. Partnership ad in 7P st was forth changed ts
egal entay at a Limited Liablty Company. Commercial
‘portion sa commana 1988
The Company's srcicies of Astocation have been amended
several simar The lots! amendinent was effected by dead of
ovary patie Siti Neral’ Yulia, Sit, atKn dated
Y September 2015 No, 32 10 comply with de Regutation of the
Jndonesian Financial Services uchariy ("QIK")
‘No 22POUKOV2084 amd No, 217POIK D4/2018
Phe Company te on Indonesian domicile common with its
Head Offce at K, Semampir Ud, Kealr, East ava, ont its
plants are located in Kadi, Gompot, Kanungonvar ant
Sumenep. ‘The Company alo has representative ofces, which
‘are Jaterta Represemiaioe ce et i Jenderal Yani 79,
otarta cad Surobspe Represontaive Off atl. Penganal 7—
15, Suratuoe, Eau Sova
1 accordance with anche 3 of lx Articles of Assocation, the
Compan is engaged in efgarete indatry and othor related
cigarette incr activites,
PYSuryatt Heston is the Company's ultimate parentPT GUDANG GARAM Tbk DAN ENTITAS ANAK/
PT GUDANG GARAM Tbk AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN/NOTES 10 THE CONSOLIDATED FINANCIAL STATEMENTS
TAHLUN BERAKHIR JT DESENBER 2016 DAN 20157VEARS ENDED 31 DECEMBER 20/6 40 201
(ouaen|ann Rupiah ebual inyaaan hus mls of Rup, utes tdci ei
UMUM (Lanjutan)
Pemayanran mum oF
Dengan vin Mantes! Keanngan No, SI-I26SHMP
KMK.10'1990 tangual 17 Jall 1999, Perscroan melukukan
penguaran semum kepada masyérakat melalui pasar modal
‘jamlah 37,807,800 sham ‘dengan nominal Rp 1.000
(pis perk pr saa
Dengan sat PT Bursa Eek Surabaya No, 373/D-
1297BES‘VIIN90 tanggs! 21 Agustes 1990 telah ciety
tok disstattan ok Bursa Efe Surabaya (-BES") sehanyak
6.204.400 saham Persercan sjak 27 Agustus 1999. Dengan
ss PT Buren Efe dakar No. $-204BENVU92 tanga
24 Jun 1992. tei diseujul untuk dicatakan oi Bursa Bick
Jakara (*BEI") sejumiah suham yang sara. Dengan surat
PT Burst Efek Suribaya No, 4VEMTILIST/BESVI94
‘angel 26 Mei [954 dan surat PF Bursa Efek Jakarta No, S-
JSNBEH.1/V/0994 tangs! 27 Mei 1994 telah dicatatkan
laglsejunlah 348.817.600 saharn Perseroan di kedaa Burst
terse schingg.seturasaham Persroan yang beredar saat
it ela cata, yal 48] 022.000 sham.
Dalry thu 1996 tah tsa pecan il maria
saham Covet sli") dai Rp 1.000 (Rupiah peau) mena
fp 50) (Rupiah penuh) per stken ean pemgearan sate
fakin born ene vel eho yg berg hing
juniah sham Reelor beaut 1.022000 mes
1824088000, ‘Dengsh swat FT Bua fek Jakara
No. S-030/8E1120596 unggal 24 Mei 1996 dan surat
FFF Bure Etch. Sumbnya No, EVENTLIST/OES 96
fungal 27 Mei 1986 sli sam Persraan yang toredan
Yate scnyak 1824088.000 saham. tel deautlan cerned expenses
(abl jangha pndek ling T5585 305K 2 esr abies
201s
aa
3 bln dan
Mahon
Avis kas, Kurang ari Between
Nilsiterstad toninital) 3 bala months
Cermiing—Contrrinal — Lesson ard
‘amount eauhslans__Smowihs—_d pear
njaman bank raha pene 20,361,187 20,9092 19,§77216 —1128,707——_Shorntern Bonk loans
tama SP vamos “amie 3370359 Trade pevebes
Beta skrl has “DUT 2174s 2 Accrued expenses
‘habs gh pendl linn 3a5)650 | MSs0 sos 2 ther etons abiesPT GUDANG GARAM Tbk DAN ENTITAS ANAK /
PT GUDANG GARAM Thk AND SUBSIDIARIES
‘CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASCAN,
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
‘TAHUN BERAKHIR 31 DESEMBER 2016 DAN 2015/VEARS ENDED 3] DECEMBER 20)6 AND 2015
(Balam jaan Rupiah, kecul diay Nhususén mons of Rupiah wales otherwise specified
3i_INSTRUMEN KEUANGAN (Lanjutan)
Risto oar
Risto pasar Perseroan dan eras anak meliput risiho tngkat
bunga dn risk mata wane.
1. Riso tingkat buns
Riso tingkat tunga Peeseoan dan ents anak Dersa dati
Simp a bank dan asifaspinjaman yng didasarkan pads
singhat buaga mengambeng,
Perseratn seninalis sao tnglan bing doe bibs
pinjeman dengan mendepatkas ‘fesilias pinjaman dari
bberbagaipemnberipinjaman dan pengawasan_ terhadap
Fetrerakan tngkat bunga paso. Pereroan mengeola riske
fei dengan menagunaian angst buna tap unt Ci
Pinjoman yong isepakati pa tnggslpenarican sts
Petpanangan,
Pad taggal 31 Desember 2016, jka sku bungx pada tangs!
terschat lebih fendabtings: 26 baie poi, dengan seus
aviabel sin tap, aka. Jaa untuk tahun berjalon lebih
Cingarendah eebes Bp 34.324 50m
Pad tangzal 31 Desember 2015 jk sku bung pada tanga
terehut lebih rendabtinggi 29 basis pola, denane semua
‘ariel lsin temp, cia. Jabs untok abun berjaan lebih
Uingaleendah sees ty 33.883 juts
2. Riko mata wang
‘ransaksi pombetian ast ttap dan persciaan menychnbkan
Perseroan dan ents ak fereksypos wiih ill tse valuth
tasing, Risiko ik berkurang dengan melakukan penjalan
‘akspar.
Peneroaa dan entitas anak memoaitor dan meagelola tsko
En dengan menyepadankae Tbiitis kevangan dslim vals
sing dengan ast kevangan dalam valuta asingtekalt dan
rmelakukam pembelan valuta sing pals pot ule Sa
sperm,
3h, FINANCIAL INSTRUMENTS (Continued)
Mastetsik
The Campar’s ana subsidiaries” marker risks consist of
Arner re lh aid roy lh
1 terest rae risk
‘The terest rate visk of the Company and subsidiaries
tray ented from deposit wie banks and eli files
hich ae based om floating meres rates.
he Company minimizes intrest rie risk fom erect
cites by mooning ceeds files from diversified
enders and sositoring the marked interest rate
fcvement. The Company manager this rk by nsing 9
Smarest oat foreach borrawing which wil fe agreed at
‘he dte of np drandowrn ar rol over
As of 31 December 2010 ifthe interest rates a hat date
Shad Been 28 boxss pois fwerdigher wih all her
righler held contort, profit for the year wos have
eon hgharlowar by Rp 34.324 milion
As of 31 December 2015. fahelerest rates at that date
inn! been 25 hosts points lower/higher, will oll other
males eld constaey, profit or the year would have
oan higher ower by 33,833 milion
2 Cunmency risk
Parchases of fed assets anal Inventories expase the
Cana and subsidiaries 1a Jordyn exchange rae ish
The ri iredced By carrying out expart rales.
The Company and substres nantor aed manage the
‘is by atc he frig eurreney rane aden
wih relevant forge erensy financial asets and
og fate coroner oe sports when necesary.PT GUDANG GARAM Tbk DAN ENTITAS ANAK /
PT GUDANG GARAM Thk AND SUBSIDIARIES.
ATAS LAPORAN KEUANGAN KONSOLIDASIAN/IVOTES TO THE CONSOLIDATED FINANCIAG STATEMENTS
TAHUN BERAKHIR 3] DESEMBER 2016 DAN 2015/FEARS ENDED 41 DECEMBER 2014 AND 2015
(Dalam jutoan Rupiah, Kecul dinyatakan Rhus dn mits of Rupiah, unles otherwise specie
cATAT?
27_INSTRUMEN KEUANGAN (Lanjutan) 27, FINANCIAL INSTRUMENTS (Continued)
ee
Pesaoe am eats ta pa mre e Canny and midenin an ae
51 Deserber 2016 dan 201 lah cag ber 5T Decenter 1016 nd 3013s os:
m6
—_eaorvv—
dengan jin
ly
Equivalent ire
Linear maton
uso eur _ Ge)
ager assers
rae issn 230 MMAR Cachan chante
Pons pitk kedga _dicar si earns nlp
To ae ae Tontasres
Lispinatas Liswurins
Cie gy RISD 8) ASK) ERS) neal nebe
bliss jarata pede
ies eters 74) { oa) G887) (9,284) Onder curren fierbilicies
“ot nates Rss TET, Ten Taam To! tebtes
Ehaporr beh TO oom Cages ha Nor expnare
2013
Tapas
erga oan
sau
Expulvatent di
ity: Metis
uso eum _ omen) rasa
aset assers
adie ins aussats 2.995 Gabon’ cadena
Pang sa paekage TOS t ede ete bd pre
Taal + ee ae ek a
Liapiuiras suemuires
erst ease) cond GM) EID) Tree onder
tear! ‘fhe : mo) pasado
tian fang pend
— 559.189) _ L668) ier ew aber
Toa Hales Te Came “Tes “al bis
pai ah Beg 924414) sss _311278 erupts
ase dan tain clam yaks asing in chan den * Asses anf Cbles demoted ater fren wrens re
Ij yang scan dangan USD dengue mengansan has pals peti USD gues ung th echarge aes prein
Congest pope Trike repo ce
8PT GUDANG GARAM Tbk DAN ENTITAS ANAK /
PT GUDANG GARAM Tbk AND SUBSIDIARIES.
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN/MGTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
TAHUN BERAKIIR 31 DESEMBER 2016 DAN 2015)VEARS ENDED 31 DECEMBER 20/6 AND 2018
(Dalam jutaan Rupiah, kecul dinyaakan Rhususn millions of Rupiah wales otherwise specified
37_INSTRUMEN KEUANGAN (Lanjutan)
Pada tanggal 31 Desember 2076, ji wih menguarelenah SY
vethadap USD, éergan sloru virabe fin tap, maka lake unt
tahun Serjalan lebih redahings sabes Rp 16.065 jum Pads
tanggal 31, esernber 2015, ja ruplah. menguafnclemah 3%
‘erhadap USD, dengan selurl varia! lain tet, maak Sa untuk
tahanberalaws lebih cendabingg sebesar Rp 13-690 jut.
Pda tanga! 31 Deseraber 2016, jikasupiah menguinelerah 3%
toshatp EUR, dengan selurab vieabel lis tla, tka Inka uit
faian erjaln bh tingarendah. sebesar Rp3399 jute, Pada
langgat 31 Desember 2015, jika rupiah. merguatinelemah 5¥%
tethaap EUR, dengan seursh versbel lain tttp, maka Iba ith
tahun ber alan fbi cngylfendalsebesar Rp 2.217 ju,
Mansjemen riko pertmodalan
‘juan Perseroan dalam mengeloln pemodalan adalah untuk
rmefindungi kemampurnnya memigerahankan Eelanpsungan Usaha
‘gar dapat memakalelan Iba! asl! bog] pemepang ashamn dan
‘ana bagi pemangku kepentinga inna
Perseroan mengelotn struktor permadolan dan inal sil bagi
pemepans ham secira optimal dangar rnerapotinbanglsn
Sebututan meal mas depan dan efsiensé medal, Dat rangka
memperahankan aan menyesuakkan strektwr —permodalan,
Pereeroan dapat menyevunizan juminh dividen yang dibayar hepa
pomeuang shar au mena sel untuk mengurang) usm
Perseroan memonitor modal dengan dsr risio tang. tertadap
modal. Rasio inl diitung dengan membagi total lablts dengan
tal shuns. Poda tangzal 31 Desember 2010 dan 2015, rast wang
terhadap modal adaloh mating masing sebesar SOM dan 6%.
22,_FINANCIAL INSTRUMENTS (Continued)
As of IF. December 2016, af rapiah bad strenaihened?
weakened by $96 against USD, with at! other variables helt
constant, prof for the year would have been lawer/higher by
Fp 16,068 milion. di wf 71 December 2015, if rapich heat
Hrengihened! weatened fy 5% opens! USD, with el other
vorfables held conse, prot fr the ear would have Beer
lewerthgher by Rp 13890 nition
As of 31 December 2016. if raph bad strengihened*
‘veka by $96 against EUR, with all other variahles held
onstan, profit for de year would hove been highetower by
‘Rp 3.399 mifion. As of 31 Dacembor 2015, 9 rapiah hat
Ltronggheradtweakened by $96 aginst ELR, wlth all other
arabes hed constrat, profit fr the year wow! have beer
IighorTower by Rip 2.217 million
Caplal risk management
The objecties of she Company in managing eqpiel are
{gfequard their abit ro contin ca otra concern £0 that
{cam maximee the retin for sBarealdors and Benefits for
ther sakebotders
he Company manages optimum eqptal structure and returns
fir shareholders by taking ino