Beruflich Dokumente
Kultur Dokumente
Daftar Isi
Table of Contents
Laporan Direksi
Directors Report
Profil Perusahaan
13
Corporate Profile
27
44
58
65
2011
2010
2009
2008
2007
Disajikan Kembali
As restated
Disajikan Kembali
As restated
Disajikan Kembali
As restated
Disajikan Kembali
As restated
998.656
894.865
782.125
1.627.821
889.588
Laba Bruto
Gross Profit
416.060
367.318
341.585
829.145
399.281
Laba Usaha
Income from Operations
181.817
187.746
176.419
558.389
237.081
146.127
143.489
75.780
398.401
150.192
Total Aset
Total Assets
1.518.534
1.363.277
1.412.075
1.662.977
892.227
Total Liabilitas
Total Liabilities
239.180
148.113
347.211
687.049
298.490
1.279.256
1.160.282
1.016.793
941.013
544.022
0,10
0,11
0,05
0,24
0,17
0,11
0,12
0,07
0,42
0,28
Rasio Lancar
Current Ratio
6,08
8,46
3,27
2,07
2,57
0,19
0,13
0,34
0,73
0,55
0,16
0,11
0,25
0,41
0,33
3.000.000.000
3.000.000.000
3.000.000.000
3.000.000.000
2.644.931.507
49
48
25
133
57
1.016.302
867.645
724.205
70.853
421.538
Stock Highlights
2010
Kuartal I / Kuartal II /
Quarter I Quarter II
2011
Kuartal I / Kuartal II /
Quarter I Quarter II
1.630
1.810
2.650
2.425
1.880
1.840
1.550
1.060
1.350
1.090
1.310
1.870
1.170
1.280
970
850
1.480
1.340
2.250
1.870
1.730
1.300
1.000
910
..a
number
of
positive
trends
indicate
better
growth
prospects
for the
future
Beberapa
trend positif
menunjukkan
prospek
pertumbuhan
yang terus
membaik
di masa
mendatang.
the
company
is commited
to continue
building
strong
foundations
for future
growth.
Perseroan
terus
membangun
dasar yang
kuat untuk
bertumbuh
di masa
mendatang.
eed
Dewan Komisaris memiliki peran aktif dan bertanggung jawab untuk memastikan bahwa Perseroan dijalankan dengan cara yang transparan
dan dapat dipertanggungjawabkan kepada
pemegang saham dan pihak yang berkepentingan. Selama tahun berjalan, kami terus membimbing Direksi untuk memastikan bahwa semua
aspek dalam kegiatan usaha dan operasional
Perseroan selalu sesuai dengan peraturan dan
perundang-undangan yang berlaku.
Penghargaan
Acknowledgment
Laporan Direksi
Directors Report
...encouraging
performance
in spite of
unfavourable
climatic
conditions
...kinerja yang
membanggakan
di tengah
kondisi cuaca
yang kurang
menguntungkan
Review of Operations
Laporan Direksi
Directors Report
Benih Hortikultura
Horticultural Seeds
Laporan Direksi
Directors Report
10
PT BISI INTERNATIONAL Tbk, Laporan Tahunan 2011
10
Laporan Direksi
Directors Report
11
PT BISI INTERNATIONAL Tbk, 2011 Annual Report 11
Laporan Direksi
Directors Report
Direksi / Directors
Profil Perusahaan
Corporate Profile
Visi:
Vision:
Misi:
Mission:
S E J A R A H S I N G K AT D A N I N F O R M A S I
PEMEGANG SAHAM
13
Profil Perusahaan
Corporate Profile
Susunan
pemegang
saham
Perseroan,
berdasarkan Daftar Pemegang Saham Perseroan
pada tanggal 31 Desember 2011 adalah sebagai
berikut:
Pemegang Saham
Shareholders
Jumlah
Saham
Number of
Shares
PT Agrindo Pratama
Midsummer Limited
Publik (masing-masing kepemilikan
kurang dari 5 %):
Public (ownership less than 5% each):
930.000.000
31,00
692.344.000
23,08
- Lokal / Local
- Asing / Foreign
194.672.352
1.182.983.648
6,49
39,43
Jumlah / Total
3.000.000.000
100,00
u
ro
nt
al
o
ta
m
ob
ag
Ko
Go
er
da
ng
Po
nt
ia
na
k
De
li S
as
in
Ka
ro
ak
as
ar
le
le
ng
Bu
M do
oj ar
ok jo
er
to
Si
Lo
Ba mb
ra o
t k
Ta
b
an
an
g
an
al
ri
di
Ke
el
ag
M
Ba
nd
an
un
Ci
aw
Su
Se
m
ba
ng
ar
an
g
Ja
ka
rta
La
Te mp
ng u
n
La ah g
m
Se p
la u
ta ng
n
Pa
le
m
ba
ng
Ba
nj
ar
m
Pa
da
ng
ad
Offi
Br
an ce
ch
Re O
p. ffic
O
e
Re ffic
se e
a
Pe rch
st
F
ic ac
Se ide ility
ed pr
pr odu
od
c
uc tio
tio n
n
He
15
Profil Perusahaan
Corporate Profile
Kantor Cabang:
Branches:
3. Kompleks Pergudangan Genuk Sari Blok AA55, Jl. Semarang Demak km 6, Semarang, Jawa
Tengah.
Entitas Anak:
Subsidiaries:
Profil Perusahaan
Corporate Profile
17
Profil Perusahaan
Corporate Profile
Sunardi, Direktur
Sunardi, Director
Profil Perusahaan
Corporate Profile
eed
19
Profil Perusahaan
Corporate Profile
INTEGRATED OPERATIONS
Benih
Seeds
Proses produksi
benih jagung,
benih hortikultura
dan benih padi
The production
process from corn,
horticulture and
paddy seeds
RESEARCH
AND
DEVELOPMENT
BREEDER
SEED
RESEARCH
AND
DEVELOPMENT
FOUNDATION
SEED
FIELD
PRODUCTION
COMMERCIAL
SEED
MARKETING
Proses produksi
dari hasil panen
petani hingga
pengepakan
The process from
the corn seeds
received coming from
farmers harvested crops
until packaging
FARMERS
HARVESTING
CROPS
SELECTION
PROCESS
DRYING
PROCESS
GRAINS
FROM SHELL
PACKAGING
PROCESS
TREATMENT
OF
PESTICIDES
DRYING
PROCESS
Profil Perusahaan
Corporate Profile
Proses produksi
pestisida
Production process
of pesticides
Foundation
Materials
RAW
MATERIALS
WEIGHING
MIXING /
PROCESSING
QUALITY
INSPECTION
STORAGE &
PACKAGING
FINISHED
GOODS
Other
Materials
21
Profil Perusahaan
Corporate Profile
The Company also has a Research and Biotechnology Laboratory that is equipped with
various research and development technologies
for plant seed production. The facilities of plant
seed technology and development include:
Tissue-Culture Laboratory
Its aim is to breed the plant through embryo
culture or anther with the aim of expediting the
breeding process.
Profil Perusahaan
Corporate Profile
MOLECULAR
BREEDING
TISSUE
CULTURING
In-virro selection
to enhance plant
growth
BIOTECHNOLOGY
RESEARCH &
DEVELOPMENT
13 Research Farms
Varying Altitudes
PLANT
PHYSIOLOGY
Breed tolerance for
enviromental
factors
PLANT
PROTECTION
QUALITY ASSURANCE
Benih
Seeds
23
Profil Perusahaan
Corporate Profile
Profil Perusahaan
Corporate Profile
Proses Quality
Control untuk
benih
FIELD
INSPECTION
RAW MATERIAL
INSPECTION
PROCESSING
INSPECTION
LABELING
PURITY
TESTING
ANALYSIS
SEED
TESTING
ANALYSIS
STORAGE
BB & BK
FORMULATION
PACKING
WAREHOUSE
IQC
QC
OQC
DISTRIBUTOR
Quality control
process for
seeding
Proses Quality
Control untuk
pestisida
Quality Control
Process for
Pesticide
Production
SUPPLIER
NOTES
IQC: Incoming Quality Control
QUALITY ASSURANCE
HUMAN RESOURCES
25
Profil Perusahaan
Corporate Profile
STRUKTUR ORGANISASI
ORGANIZATION STRUCTURE
Rapat Umum
Pemegang Saham
Shareholders Meeting
Dewan Komisaris
Board of Commissioners
Direksi
Komite Audit
Director
Audit Committee
Audit Internal
Internal Audit
Pemasaran
Marketing
Pengolahan Benih
Seed Processing
Penelitian &
Pengembangan
Research & Development
Proyek Baru
New Project
AKUNTAN / ACCOUNTANT
Kantor Akuntan Publik
Purwantono, Suherman & Surja
Gedung Bursa Efek Indonesia, Menara II, Lt. 7,
Jl. Jend. Sudirman kav 52-53, Jakarta 12190.
KONSULTAN HUKUM / LEGAL CONSULTANT
BMD & Partners
Plaza Gani Djemat Lt.4,
Jl. Imam Bonjol No. 76-78, Jakarta 10310
BIRO ADMINISTRASI EFEK SAHAM / SHARE ADMINISTRATOR BUREAU
PT Adimitra Transferindo
Plaza Property Lt. 2,
Kompleks Pertokoan Pulo Mas, Blok VIII No. 1
Jl. Perintis Kemerdekaan, Jakarta Timur 13210.
PENDAHULUAN
INTRODUCTION
CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME
Penjualan Bersih
Net Sales
2011
(Disajikan dalam Jutaan Rupiah/
Expressed in Million Rupiah)
Produk
Products
Benih Jagung Hibrida
Hybrid Corn Seeds
Benih Sayuran dan Buah-buahan
Vegetable and
Fruit Seeds
Benih Padi Hibrida
Hybrid Rice Seeds
Pestisida
Pesticide
Lain-lain
Others
Jumlah
Total
2010
Kenaikan (Penurunan)
Increase (Decrease)
Nilai/
Amount
(Rp)
Nilai/
Amount
(Rp)
Nilai/
Amount
(Rp)
Persentase
Percentage
416.691
308.106
108.585
35,2%
234.904
205.154
29.750
14,5%
3.876
51.593
(47.717)
(92,5%)
326.471
317.096
9.374
3,0%
16.714
12.916
3.799
29,4%
998.656
894.865
103.791
11,6%
27
Pestisida
Pesticides
Laba Bruto
Gross Profit
Beban Penjualan
Selling Expenses
29
CONSOLIDATED STATEMENTS OF
FINANCIAL POSITION
Aset
Assets
Liabilitas
Liabilities
Ekuitas
Equity
Saldo Laba
Retained Earnings
ARUS KAS
CASH FLOWS
Likuiditas
Liquidity
31
Solvabilitas
Solvency
KEBIJAKAN DIVIDEN
DIVIDEND POLICY
PROSPEK USAHA
BUSINESS PROSPECTS
33
better level of acceptance, such that the Company has confidence that pesticide sales in 2012
will experience an increase along with the high
price of paddy. Hybrid paddy sales in 2011 decreased drastically owing to an onslaught of pests
and diseases in 2010 which led to the failure of parent seed production, so that 2011 became a year
of consolidation for the production of foundation
seeds and improvement in pest and disease resistant varieties. Therefore, 2012 is expected to be a
good start for the development of hybrid paddy in
the future.
For 2012, the Company will continue the introduction of new varieties of BISI-222 hybrid
corn seed that was launched in early 2011 and
showed an acceptable performance in the eyes
of many farmers in corn production centers. The
introduction of the BISI-18 variety planned
to be carried on at the end of 2011 had a very
good reception and commercial sales will be
conducted starting in May 2012. The contribution of both varieties in 2012 was targeted to
reach 20% of total sales of hybrid corn seed and
is expected to make a large contribution to the
increase in sales in 2012. The Indonesian governments commitment to supporting the agricultural diversion, from the use of conventional
seeds to hybrid seeds through a seed subsidy
program and intensive agricultural extension for
hybrid corn seed and hybrid paddy in 2012 is
expected to contribute positively to improving
the hybrid seed market.
In 2011, the Company released several new varieties of horticultural seed and some pesticide
products and is expected to maintain its competitive ability and increase sales. The positive
results achieved in 2011 will serve as momentum
for continued growth in 2012.
The Government, through the Ministry of Agriculture of the Republic of Indonesia, has set
a Road Map Perbenihan Tanaman Pangan
(Road Map for Food Crop Seeds), which outlines
the targets for planting of hybrid corn and paddy
seeds from 2010 until 2014. The road map anticipates a rise in the demand for hybrid corn seeds
from 38,132 tons in 2010 to 59,172 tons in 2014.
The demand for hybrid paddy seeds from 2010
until 2014 will be 9,000 tons, 10,500 tons, 12,000
tons, 13,500 tons and 15,000 tons, respectively.
The above mentioned increase will mainly be
generated from livestock feed and household
consumption. The projected demand for hybrid
seeds of corn and paddy in 2010 - 2014 is as follows:
70,0
60,0
52,6
47,8
50,0
40,0
16,0
59,2
42,8
38,1
12,0
12,0
10,0
8,0
20,0
6,0
15,0
13,5
14,0
30,0
10,0
10,5
9,0
4,0
2010 2011E 2012E 2013E 2014E
Sumber: Road Map Perbenihan Tanaman Pangan, Dirjen Tanaman Pangan Kementerian Pertanian Indonesia, 2010
Source: Road Map Perbenihan Tanaman Pangan, Director General of Food Crops, Indonesia Ministry of Agriculture, 2010
35
Estimasi Pertumbuhan Kebutuhan Benih Jagung Hibrida dan Padi Hibrida di Indonesia
(dalam ribuan ton)
Growth Estimation of Hybrid Corn and Paddy Seed Requirements in Indonesia
(in thousands of tons)
100,0
350,0
90.0
300,0
80,0
70,0
60,0
46,7
44,5
41,6
33,3
37,6
200,0
50,0
150,0
40,0
30,0
20,0
250,0
38,1
42,8
47,8
52,6
59,2
310
314
9,0
10,5
12,0
13,5
15,0
100,0
50,0
10,0
2010 2011E 2012E 2013E 2014E
Benih Jagung Komposit
Composite Corn Seeds
305
317
300
Sumber: Road Map Perbenihan Tanaman Pangan, Dirjen Tanaman Pangan Kementerian Pertanian Indonesia, 2010
Source: Road Map Perbenihan Tanaman Pangan, Director General of Food Crops, Indonesia Ministry of Agriculture, 2010
Through its well-equipped research and development facilities, the Company is capable of
continuously producing new varieties of hybrid
seeds of better quality for farmers, thereby maintaining its market position.
3,625,987
3,630,324
4,001,724
4,156,706
4,143,246
3,861,433
Currently, Indonesias economic growth is increasing, so that levels of chicken and egg consumption will also rise. This will also affect animal
feed industry development with the demand for
corn as a main ingredient of livestock feed products also likely to increase. Overall, the increase
demand for corn will affect the increase in hybrid
seed corn demand.
37
Perbandingan
Konsumsi Sayuran Per Kapita (per tahun)
Comparison
of Vegetable Consumption Per Capita (Annualy)
Negara
Kg
Country
China
Singapore
Myanmar
Vietnam
Phillipines
India
Malaysia
Indonesia
Thailand
270
120
80
75
55
50
49
40
30
Perbandingan Konsumsi Buah Per Kapita (per tahun)
Comparison
of Fruit Consumption Per Capita (Annualy)
Negara
Kg
Country
Thailand
Phillipines
Malaysia
Indonesia
92
67
52
37
ASPEK PEMASARAN
MARKETING ASPECTS
39
Pangsa Pasar
Market Share
41
Strategi Pemasaran
Marketing Strategy
Demo Plot
Demonstrasi kualitas produk melalui penanaman
benih dan pemakaian pestisida serta pupuk di
beberapa lahan yang potensial.
Demo Plot
Demonstrating the product quality by planting
the seeds and applying pesticide and fertilizer in
several potential areas.
Penyuluhan
Memberikan informasi tentang keunggulan
produk serta teknik-teknik baru dalam penanaman
tanaman.
Studi Banding
Mengundang petani untuk meninjau dan
mencontoh keberhasilan petani di daerah lain.
Comparative Study
Inviting farmers to observe the success of farmers
in other locations and follow their example.
Panen Raya
Melakukan panen produk Perseroan secara
bersama-sama dengan petani agar petani
dapat melihat dan menguji keunggulan produk
Perseroan.
Promosi
Melakukan pemasangan iklan di media televisi,
radio atau media cetak, memasang baliho, banner
serta menyebarkan selebaran dan brosur.
Promotion
Advertising through television, radio, billboards,
and banners as well as through leaflets and
brochures.
d)
Perseroan
mengembangkan
teknik
pengemasan agar kualitas produk tetap terjaga
dengan baik. Sebagian besar benih sayur-sayuran
dijual sebagai packed seed, yaitu benih dalam
kemasan yang telah diproses secara higienis dan
mempertahankan daya tahan benih. Benih sayursayuran ini tersedia dalam berbagai jenis tanaman
mulai dari buah-buahan sampai sayur-sayuran.
Produk benih sayur-sayuran yang telah dihasilkan
dan dipasarkan oleh Perseroan antara lain: melon,
timun, semangka, terong, tomat, cabai, kubis,
bayam, kangkung, kacang panjang dan buncis.
43
UMUM
GENERAL
DIREKSI
DIRECTORS
45
47
Jabatan
Position
Direktur Utama
President Director
11
Sunardi
Direktur
Director
11
Setiadi Setiokusumo
Direktur
Director
11
Putu Darsana
Direktur
Director
11
Joseph Suprijanto *
Direktur
Director
*) Diangkat menjadi anggota Direksi sejak 6 Juni 2011/ Appointed as a member of the Directors as of June 6, 2011
DEWAN KOMISARIS
BOARD OF COMMISSIONERS
49
Nama
Name
Jialipto Jiaravanon
Jumlah Kehadiran
Meetings Attended
Jabatan
Position
Komisaris Utama
President Commissioner
11
Thomas Effendy
Komisaris
Commissioner
11
Burhan Hidayat
Komisaris Independen
Independent Commissione
11
KOMITE AUDIT
AUDIT COMMITTEE
Nama
Name
Jabatan
Position
Jumlah Kehadiran
Meetings Attended
Burhan Hidayat
Ketua
Chairman
Haryjanto Sutrinso
Anggota
Member
Budi Loemaksono
Anggota
Member
51
e. Membuat laporan hasil audit dan menyampaikan laporan tersebut kepada Presiden
Direktur dan Dewan Komisaris;
Robert Soemenap
Robert Soemenap
SEKRETARIS PERUSAHAAN
CORPORATE SECRETARY
53
Setiadi Setiokusumo
Setiadi Setiokusumo
RISIKO USAHA
BUSINESS RISK
Pengembangan
55
Risiko Ketenagakerjaan
PERKARA HUKUM
LEGAL CASES
tidak ada
Perseroan,
Perseroan
terhadap
57
59
Catatan/
Notes
2011
1 Januari 2010/
31 Desember 2009/
January 1, 2010/
December 31, 2009
(Disajikan kembali Catatan 2 dan 4)/
(As restated Notes 2 and 4)
ASET
ASET LANCAR
Kas dan setara kas
Piutang
Usaha
Pihak ketiga - setelah
dikurangi cadangan
penurunan nilai
sebesar Rp5.608 pada
tanggal 31 Desember 2011,
Rp3.903 pada tanggal
31 Desember 2010 dan
Rp6.126 pada tanggal
1 Januari 2010/
31 Desember 2009
Pihak berelasi
Lain-lain - pihak ketiga - setelah
dikurangi cadangan
penurunan nilai sebesar
Rp146 pada tanggal
31 Desember 2011,
Rp1.007 pada tanggal
31 Desember 2010
dan Rp860 pada tanggal
1 Januari 2010/
31 Desember 2009
Persediaan - setelah dikurangi
penyisihan penurunan nilai
persediaan sebesar Rp13.832
pada tanggal 31 Desember 2011,
Rp18.283 pada tanggal
31 Desember 2010 dan
Rp7.666 pada tanggal
1 Januari 2010/
31 Desember 2009
Uang muka
Biaya dibayar di muka
Pajak Pertambahan Nilai
dibayar di muka
Total Aset Lancar
ASSETS
2c,2d,2n,2r,
5,31c,34,35,36
2r,3,34
2n,6,12
32a,32b,
32c,35,36
2d,31a
2f,3,7,12
8
2g,9
CURRENT ASSETS
Cash and cash equivalents
248.531
69.518
7.748
397.754
17.795
430.640
9.403
471.112
12.412
12.374
2.026
1.653
523.299
12.039
4.625
462.402
7.887
1.932
535.996
6.229
1.789
Accounts receivable
Trade
Third parties - net
of allowance for
impairment of
Rp5,608 as of
December 31, 2011,
Rp3,903 as of
December 31, 2010, and
Rp6,126 as of
January 1, 2010/
December 31, 2009
Related parties
Others - third parties - net
of allowance for
impairment of
Rp146 as of
December 31, 2011,
Rp1,007 as of
December 31, 2010,
and Rp860 as of
January 1, 2010/
December 31, 2009
Inventories - net of
allowance for decline in value
of inventories of Rp13,832
as of December 31, 2011,
Rp18,283 as of
December 31, 2010, and
Rp7,666 as of
January 1, 2010/
December 31, 2009
Advances
Prepaid expenses
97
5.682
1.216.417
983.905
1.042.621
Catatan/
Notes
ASET TIDAK LANCAR
Piutang pihak berelasi
Aset pajak tangguhan - bersih
Aset tetap - setelah dikurangi
akumulasi penyusutan sebesar
Rp122.050 pada tanggal
31 Desember 2011, Rp101.812
pada tanggal 31 Desember 2010,
dan Rp81.830 pada tanggal
1 Januari 2010/
31 Desember 2009
Tagihan pajak penghasilan
Beban ditangguhkan - bersih
Aset tidak lancar lainnya
Total Aset Tidak Lancar
TOTAL ASET
2011
2010
(Disajikan
kembali Catatan 2
dan 4)/
(As restated Notes 2
and 4)
1 Januari 2010/
31 Desember 2009/
January 1, 2010/
December 31, 2009
(Disajikan kembali Catatan 2 dan 4)/
(As restated Notes 2 and 4)
NON-CURRENT ASSETS
Due from a related party
2d,2r,31c,
34,35
2o,3,15
2.586
11.836
586
11.067
6.431
2h,2i,3,
10,12,17
2o,3,15
2h
2r,11,34
256.350
18.912
2.839
9.594
259.304
94.911
3.113
10.391
272.579
82.881
3.125
4.438
302.117
379.372
369.454
1.518.534
1.363.277
1.412.075
TOTAL ASSETS
Catatan/
Notes
2011
1 Januari 2010/
31 Desember 2009/
January 1, 2010/
December 31, 2009
(Disajikan kembali Catatan 2 dan 4)/
(As restated Notes 2 and 4)
2d,2r,31c,
32e,34,35
2d,2i,2r,
17,31c,34,35
2l,3,18
49.524
151.080
56.812
5.620
32.547
22.026
33.075
40.405
7.936
27.408
19.934
18.395
76.887
24.719
32.568
15.226
15.660
511
2.182
2.276
CURRENT LIABILITIES
Short-term bank loans
Accounts payable
Trade
Third parties
A related party
Others - third parties
Taxes payable
Accrued expenses
Current portion of
finance lease obligations
200.115
116.260
318.416
127
25
33
38.938
511
31.317
2.687
26.075
39.065
31.853
28.795
239.180
148.113
347.211
TOTAL LIABILITIES
Catatan/
Notes
2011
1 Januari 2010/
31 Desember 2009/
January 1, 2010/
December 31, 2009
(Disajikan kembali Catatan 2 dan 4)/
(As restated Notes 2 and 4)
EKUITAS
EKUITAS YANG DAPAT
DIATRIBUSIKAN KEPADA
PEMILIK ENTITAS INDUK
Modal saham - nilai nominal Rp100
per saham
Modal dasar - 4.000.000.000 saham
Modal ditempatkan dan disetor
penuh - 3.000.000.000 saham
Tambahan modal disetor
Selisih nilai transaksi restrukturisasi
entitas sepengendali
Modal proforma yang timbul dari
transaksi restrukturisasi
entitas sepengendali
Saldo laba
Telah ditentukan penggunaannya
Belum ditentukan penggunaannya
Komponen ekuitas lainnya
EQUITY
20
21
300.000
86.395
300.000
86.395
2e
8.710
5.863
54.824
2e,4
22,35
2e
Subtotal
4.000
881.561
(1.410)
3.000
766.434
(1.410)
EQUITY ATTRIBUTABLE TO
EQUITY HOLDERS OF
THE PARENT
Share capital - Rp100 par value
per share
Authorized - 4,000,000,000 shares
Issued and fully paid 300.000
3,000,000,000 shares
86.395
Additional paid-in capital
Difference in value of restructuring
transaction of entities under
5.863
common control
Proforma capital arising from
restructuring transaction of
48.041
entities under common control
Retained earnings
2.000
Appropriated
623.945
Unappropriated
(1.410)
Other component of equity
1.279.256
1.215.106
1.064.834
Subtotal
98
58
30
NONCONTROLLING INTERESTS
TOTAL EKUITAS
1.279.354
1.215.164
1.064.864
TOTAL EQUITY
1.518.534
1.363.277
Catatan/
Notes
2011
PENJUALAN BERSIH
582.596
2d,2k,2n,3,
23,31a,32a,
32b,32c,33
2d,2k,2n,10,
24,31b,32a
527.547
416.060
33
367.318
998.656
BEBAN POKOK PENJUALAN
LABA BRUTO
Beban penjualan
(129.012)
Beban umum dan administrasi
Beban operasi lainnya
Pendapatan operasi lainnya
(65.311)
(53.464)
13.544
LABA USAHA
181.817
Pendapatan bunga
Biaya keuangan
LABA SEBELUM PAJAK
PENGHASILAN
2010
(Disajikan
kembali Catatan 2
dan 4)/
(As restated Notes 2 and 4)
10.045
(713)
2k,2m,3,
10,25,33
2d,2k,
3,10,18,26,
32d,32e,33
2k,27,31c,33
2k,28,31c,33
NET SALES
894.865
COST OF GOODS SOLD
Selling expenses
(125.549)
General and administrative expenses
(55.438)
(8.574)
9.989
187.746
2k,33
2k,29,31c,33
191.149
GROSS PROFIT
151
(11.458)
176.439
43.805
(791)
30.774
(4.635)
43.014
26.139
148.135
150.300
148.135
150.300
2o,3,15
Catatan/
Notes
2011
LABA TAHUN BERJALAN/
TOTAL LABA KOMPREHENSIF
YANG DAPAT DIATRIBUSIKAN
KEPADA:
Pemilik entitas induk setelah
efek penyesuaian proforma
Efek penyesuaian profroma
Pemilik entitas induk sebelum
efek penyesuaian proforma
Kepentingan nonpengendali
setelah efek penyesuaian
proforma
Efek penyesuaian proforma
Kepentingan nonpengendali
sebelum efek penyesuaian
proforma
TOTAL
LABA PER SAHAM DASAR
YANG DAPAT DIATRIBUSIKAN
KEPADA PEMILIK ENTITAS
INDUK SEBELUM EFEK
PENYESUAIAN PROFORMA
148.092
(1.965)
2e,4
2e,4
2010
(Disajikan
kembali Catatan 2
dan 4)/
(As restated Notes 2 and 4)
INCOME FOR THE YEAR/
TOTAL COMPREHENSIVE INCOME
ATTRIBUTABLE TO:
Equity holders of the parent entity
150.272 after effect of proforma adjustment
(6.783)
Effect of proforma adjustment
143.489
28
6.783
Noncontrolling interests
after effect of proforma
adjustment
Effect of proforma adjustment
2.008
6.811
Noncontrolling interests
before effect of proforma
adjustment
148.135
150.300
TOTAL
48
146.127
43
1.965
49
2b,2e
4,19
2e,4
2p,30
The original consolidated financial statements included herein are in Indonesian language.
Catatan/
Notes
Saldo 1 Januari 2010
(dilaporkan sebelumnya)
Modal proforma yang timbul
dari transaksi
restrukturisasi entitas
sepengendali
Tambahan
modal
disetor/
Additional
paid-in capital
300.000
2e,4
Modal saham
ditempatkan
dan disetor
penuh/
Share capital
issued and
fully paid
22
86.395
Selisih
nilai
transaksi
restrukturisasi
entitas
sepengendali/
Difference in
value of
restructuring
transaction of
entities under
common control
Modal
proforma
yang timbul
dari transaksi
restrukturisasi
entitas
sepengendali/
Proforma
capital
arising from
restructuring
transaction of
entities under
common control
Telah
ditentukan
penggunaannya/
Appropriated
Belum
ditentukan
penggunaanya/
Unappropriated
Komponen
ekuitas lainnya/
Other component
of equity
5.863
2.000
623.945
(1.410)
48.041
Laba ditahan/
Retained earnings
300.000
86.395
5.863
48.041
2.000
1.000
623.945
(1.000)
(1.410)
-
Kepentingan
nonpengendali/
Noncontrolling
interests
Subtotal/
Subtotal
1.016.793
48.041
48.071
(48.041)
Total/
Total
1.064.864
1.064.834
30
1.064.864
2e,4
6.783
6.783
28
6.811
2e,4
150.272
150.272
150.272
2e,4
300.000
86.395
5.863
54.824
(6.783)
3.000
766.434
Catatan atas laporan keuangan konsolidasi terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan.
(1.410)
(6.783)
1.215.106
58
(6.783)
1.215.164
The accompanying notes to the consolidated financial statements form an integral part of
these consolidated financial statements taken as a whole.
The original consolidated financial statements included herein are in Indonesian language.
Catatan/
Notes
Pembentukan cadangan umum
Modal proforma yang timbul
dari transaksi
restrukturisasi entitas
sepengendali
Pembalikan modal proforma
yang timbul dari transaksi
restrukturisasi entitas
sepengendali
22
2e,4
2e,4
Modal saham
ditempatkan
dan disetor
penuh/
Share capital
issued and
fully paid
Tambahan
modal
disetor/
Additional
paid-in capital
-
Selisih
nilai
transaksi
restrukturisasi
entitas
sepengendali/
Difference in
value of
restructuring
transaction of
entities under
common control
Modal
proforma
yang timbul
dari transaksi
restrukturisasi
entitas
sepengendali/
Proforma
capital
arising from
restructuring
transaction of
entities under
common control
Telah
ditentukan
penggunaannya/
Appropriated
1.000
1.965
(56.789)
Laba ditahan/
Retained earnings
Belum
ditentukan
penggunaanya/
Unappropriated
(1.000)
Komponen
ekuitas lainnya/
Other component
of equity
-
Kepentingan
nonpengendali/
Noncontrolling
interests
Subtotal/
Subtotal
-
1.965
(56.789)
43
Total/
Total
-
2.008
(56.789)
2e,4
2.847
2.847
2.847
2e,4
148.092
148.092
148.092
2e,4
(1.965)
(1.965)
(1.965)
22
(30.000)
(30.000)
(30.000)
Cash dividends
(3)
Cash dividends by
Subsidiary to noncontrolling
interests
Dividen tunai
Dividen tunai oleh Entitas Anak
kepada kepentingan
nonpengedali
Saldo 31 Desember 2011
22
300.000
86.395
8.710
4.000
881.561
Catatan atas laporan keuangan konsolidasi terlampir merupakan bagian yang tidak terpisahkan dari
laporan keuangan konsolidasian secara keseluruhan.
(1.410)
1.279.256
(3)
98
1.279.354
The accompanying notes to the consolidated financial statements form an integral part of
these consolidated financial statements taken as a whole.
Catatan/
Notes
2011
ARUS KAS DARI AKTIVITAS
OPERASI
Penerimaan kas dari pelanggan
Pembayaran kas kepada pemasok
dan karyawan
Kas yang diperoleh dari aktivitas
operasi
Penerimaan dari (pembayaran untuk):
Pajak penghasilan badan
Biaya keuangan
Pendapatan bunga
Tagihan pajak penghasilan
Kegiatan operasional lainnya
Kas Bersih yang Diperoleh dari
Aktivitas Operasi
1.075.712
2010
(Disajikan
kembali Catatan 2
dan 4)/
(As restated Notes 2 and 4)
947.361
(870.906)
(671.356)
204.806
276.005
(36.282)
(213)
10.045
69.008
(13.765)
15
29
15
233.599
(46.477)
(11.458)
151
4.606
398
223.225
(53.942)
(17.601)
10
(17.240)
10
9.210
113
(71.430)
(8.030)
82.199
12
146.403
(33.175)
(30.000)
(2.182)
12
22
17,31c
(297.483)
(2.270)
(3)
22
16.839
(153.350)
Catatan/
Notes
2011
KENAIKAN BERSIH
KAS DAN SETARA KAS
DAMPAK BERSIH PERUBAHAN
NILAI TUKAR ATAS KAS DAN
SETARA KAS
179.008
2010
(Disajikan
kembali Catatan 2
dan 4)/
(As restated Notes 2 and 4)
61.845
(75)
69.518
7.748
248.531
69.518
10
1.
UMUM
a.
1.
GENERAL
a.
11
1.
UMUM (lanjutan)
a.
1.
GENERAL (continued)
a.
12
1.
UMUM (lanjutan)
b.
1.
GENERAL (continued)
b.
c.
Dewan Direksi/
Board of Directors
Komisaris Utama/
- Jialipto Jiaravanon
President Commissioner
Komisaris/Commissioner
- Tjiu Thomas Effendy
Komisaris Independen/
- Burhan Hidayat
Independent Commissioner
Direktur Utama/
President Director
Direktur/Director
Direktur/Director
Direktur/Director
Direktur/Director
Dewan Direksi/
Board of Directors
Komisaris Utama/
- Jialipto Jiaravanon
President Commissioner
Komisaris/Commissioner
- Tjiu Thomas Effendy
Komisaris Independen/
- Burhan Hidayat
Independent Commissioner
Direktur Utama/
President Director
Direktur/Director
Direktur/Director
Direktur/Director
Direktur/Director
13
1.
UMUM (lanjutan)
c.
1.
GENERAL (continued)
c.
As
of
December
31,
2011
and
2010, the composition of the Companys audit
committee as appointed at the Board of
Commissioners meeting held on June 2, 2009
is as follows:
Burhan Hidayat
Budi Loemaksono
Haryjanto Sutrisno
Chairman
Member
Member
2011
Imbalan kerja jangka pendek
Imbalan pascakerja
Imbalan terminasi
Total
2010
9.275
1.560
294
7.837
1.121
-
11.129
8.958
Total
14
1.
UMUM (lanjutan)
d.
1.
Struktur Grup
GENERAL (continued)
d.
Group Structure
The Company has share ownership with voting
rights of greater than 50% in the following
entities:
Total Aset
(dalam Jutaan Rupiah)/
Total Assets (in Million Rupiah)
Kegiatan Pokok/
Principal Activity
Domisili/
Domicile
Tahun
Operasi
Komersial/
Start of
Operations
Sidoarjo
1987
99,99%
122.001
167.887
Entitas Anak/
Subsidiaries
2.
31 Des
2011/
Dec 31,
2011
31 Des
2010/
Dec 31,
2010
Memproduksi pestisida/
Manufacturing of pesticide
Mojokerto
2005
99,91%
145.606
122.558
PT Tanindo Intertraco
(TINCO)
Sidoarjo
2008
99,96%
237.426
568.783
IKHTISAR KEBIJAKAN
SIGNIFIKAN
a.
Persentase
Kepemilikan/
Percentage of
Ownership
Dasar
Penyajian
Konsolidasian
AKUNTANSI
Laporan
YANG
2.
Keuangan
SUMMARY
POLICIES
a.
OF
SIGNIFICANT
ACCOUNTING
15
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
a.
AKUNTANSI
Dasar
Penyajian
Laporan
Konsolidasian (lanjutan)
YANG
2.
Keuangan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
a.
ACCOUNTING
16
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
a.
AKUNTANSI
Dasar
Penyajian
Laporan
Konsolidasian (lanjutan)
YANG
2.
Keuangan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
a.
ACCOUNTING
Prinsip-prinsip Konsolidasian
b.
Principles of Consolidation
meliputi
Entitas
Catatan
dengan
17
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
b.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
b.
ACCOUNTING
18
of
in
to
or
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
b.
c.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
b.
ACCOUNTING
c.
19
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
d.
e.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
d.
ACCOUNTING
Transaksi
Restrukturisasi
Sepengendali
Entitas
e.
Restructuring Transactions
under Common Control
of
Entities
Transaksi
restrukturisasi
antara
entitas
sepengendali dicatat sesuai dengan PSAK 38
(Revisi
2004)
tentang
Akuntansi
Restrukturisasi
Entitas
Sepengendali.
Berdasarkan
standar
ini,
transaksi
restrukturisasi antara entitas sepengendali
yang dilakukan dalam rangka reorganisasi
perusahaan yang berada dalam suatu
kelompok
usaha
yang
sama,
bukan
merupakan perubahan pemilikan dalam arti
substansi
ekonomi,
sehingga
transaksi
demikian tidak dapat menimbulkan laba atau
rugi bagi seluruh kelompok perusahaan
ataupun bagi entitas individual dalam
kelompok perusahaan tersebut dan harus
dicatat sesuai dengan nilai buku dengan
menggunakan metode penyatuan kepemilikan
(pooling-of-interests method). Dalam metode
penyatuan kepemilikan, laporan keuangan dari
perusahaan yang direstrukturisasi disajikan
sedemikian rupa seolah-olah perusahaan
tersebut telah bergabung sejak permulaan
tahun penyajian laporan keuangan.
20
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
e.
f.
AKUNTANSI
Transaksi
Restrukturisasi
Sepengendali (lanjutan)
YANG
2.
Entitas
SUMMARY OF SIGNIFICANT
POLICIES (continued)
e.
Persediaan
f.
Inventories
Inventories are stated at the lower of cost or
net realizable value. Cost is determined by the
moving-average method. Net realizable value
is the estimated selling price in the ordinary
course of business, less estimated cost of
completion and the estimated cost necessary
for a sale to be made. Allowance for decline in
value of inventories is determined on the basis
of a review of the condition of the inventories
at the end of the year.
ACCOUNTING
g.
Prepaid Expenses
Prepaid expenses are charged to operations
over the benefit periods. The long-term portion
of prepaid expenses is presented as part of
the Non-current Assets - Other Assets
account in the consolidated statements of
financial position.
21
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
h.
AKUNTANSI
YANG
2.
Aset Tetap
SUMMARY OF SIGNIFICANT
POLICIES (continued)
h.
ACCOUNTING
Pemilikan Langsung
Direct Ownership
Tahun/Year
Bangunan dan instalasi listrik
Mesin dan peralatan
Prasarana tanah dan bangunan,
peralatan transportasi, dan
peralatan dan perabot kantor
20
5 dan/and 12
5
22
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
h.
i.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
h.
ACCOUNTING
Nilai
tercatat
aset
tetap
dihentikan
pengakuannya pada saat dilepaskan atau saat
tidak ada manfaat ekonomis masa depan yang
diharapkan dari penggunaannya. Laba atau
rugi yang timbul dari penghentian pengakuan
aset (dihitung sebagai perbedaan antara
jumlah bersih hasil pelepasan dan nilai tercatat
dari aset) diakui sebagai laba atau rugi pada
tahun aset tersebut dihentikan pengakuannya.
Construction in Progress
Sewa
i.
Leases
Leases that transfer substantially to the lessee
all the risks and rewards incidental to
ownership of the leased item are classified as
finance leases. In contrast, leases which do
not transfer substantially all the risks and
rewards incidental to ownership of the leased
item are classified as operating leases.
23
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
i.
j.
AKUNTANSI
YANG
2.
Sewa (lanjutan)
SUMMARY OF SIGNIFICANT
POLICIES (continued)
i.
ACCOUNTING
Leases (continued)
j.
PSAK 48 (Revisi 2009) menetapkan prosedurprosedur yang diterapkan entitas agar aset
dicatat tidak melebihi jumlah terpulihkannya.
Suatu
aset
dicatat
melebihi
jumlah
terpulihkannya jika nilai tercatat melebihi
jumlah yang akan dipulihkan melalui
penggunaan atau penjualan aset. Pada kasus
demikian, aset mengalami penurunan nilai dan
PSAK ini mensyaratkan entitas mengakui rugi
penurunan nilai. PSAK yang direvisi ini juga
menentukan kapan entitas membalik suatu
rugi penurunan nilai dan pengungkapan yang
diperlukan.
24
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
k.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
k.
ACCOUNTING
Penjualan Barang
Sale of Goods
25
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
k.
l.
Pengakuan
(lanjutan)
AKUNTANSI
Pendapatan
dan
YANG
2.
Beban
SUMMARY OF SIGNIFICANT
POLICIES (continued)
k.
Revenue
and
(continued)
Expense
ACCOUNTING
Recognition
Expenses are
(accrual basis).
l.
recognized
when
incurred
26
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
l.
Liabilitas
(lanjutan)
Imbalan
AKUNTANSI
Kerja
YANG
2.
Karyawan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
l.
ACCOUNTING
27
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
m. Biaya Penelitian
(lanjutan)
AKUNTANSI
dan
YANG
2.
Pengembangan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
m. Research
and
(continued)
ACCOUNTING
Development
Costs
Aset
takberwujud
yang
timbul
dari
pengembangan
(atau
dari
tahap
pengembangan pada proyek internal) diakui
jika dan hanya jika, entitas dapat menunjukkan
semua hal berikut ini: (i) kelayakan teknis
penyelesaian aset takberwujud tersebut
sehingga aset tersebut dapat digunakan atau
dijual, (ii) niat untuk menyelesaikan aset
takberwujud tersebut dan menggunakannya
atau menjualnya, (iii) bagaimana aset
takberwujud akan menghasilkan kemungkinan
besar manfaat ekonomi masa depan, (iv)
tersedianya kecukupan sumber-sumber daya
untuk menyelesaikan pengembangan aset
takberwujud, dan (v) kemampuan untuk
mengukur secara andal pengeluaran yang
terkait dengan aset takberwujud selama
pengembangannya. Nilai tercatat dari biaya
pengembangan diuji bagi penurunan nilai
setiap tahun jika aset belum digunakan atau
lebih sering bila terdapat indikasi penurunan
nilai pada periode pelaporan. Pada saat
penyelesaian,
biaya
pengembangan
diamortisasi selama taksiran masa manfaat
ekonomis dari aset takberwujud terkait, dan
diuji untuk penurunan nilai bila terdapat
indikasi penurunan nilai dari aset takberwujud.
28
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
n.
AKUNTANSI
YANG
2.
n.
Foreign
Currency
Balances
ACCOUNTING
Transactions
and
2011
1
AS$1
o.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
2010
11.739
9.068
Pajak Penghasilan
11.956
8.991
o.
1
US$1
Income Tax
Current tax expense is based on the estimated
taxable income for the year. Deferred tax
assets and liabilities are recognized for
temporary differences between the commercial
and fiscal purposes of assets and liabilities at
each reporting date. Future tax benefits, such
as the carry forward of unused tax losses, are
also recognized to the extent that realization of
such benefits is probable.
29
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
o.
p.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
o.
Pajak
tangguhan
dihitung
dengan
menggunakan tarif pajak yang berlaku atau
secara substansial telah berlaku pada tanggal
laporan posisi keuangan konsolidasian.
Perubahan nilai tercatat aset dan liabilitas
pajak tangguhan yang disebabkan oleh
perubahan tarif pajak dibebankan pada tahun
berjalan, kecuali untuk transaksi-transaksi
yang sebelumnya telah langsung dibebankan
atau dikreditkan ke ekuitas.
p.
ACCOUNTING
Informasi Segmen
q.
Segment Information
Effective January 1, 2011, the Group applied
SFAS
5
(Revised
2009),
Operating
Segments. The revised SFAS requires
disclosures that will enable users of financial
statements to evaluate the nature and financial
effects of the business activities in which the
entity engages and the economic environment
in which it operates. The adoption of this SFAS
does not have a significant impact on the
consolidated financial statements.
30
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
q.
r.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
q.
ACCOUNTING
Instrumen Keuangan
r.
Financial Instruments
SFAS
50
contains
the
requirements
concerning the presentation of financial
instruments and identifies the information to be
disclosed. The presentation requirements
apply to the financial instruments classification,
from the perspective of the issuer, into
financial assets, financial liabilities and equity
instruments, the classification of related
interest, dividends, losses and gains, and the
circumstances in which financial assets and
financial liabilities are to be offset. This SFAS
requires the disclosure of, among others,
information about factors that affect the
amount, timing and the level certainty of an
entitys future cash flows relating to financial
instruments and the accounting policies
applied to those instruments.
31
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
r.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
r.
ACCOUNTING
i)
i)
Aset Keuangan
Financial Assets
Pengakuan awal
Initial recognition
32
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
r.
AKUNTANSI
YANG
2.
ii)
SUMMARY OF SIGNIFICANT
POLICIES (continued)
r.
ACCOUNTING
Subsequent measurement
Loans and receivables are the nonderivative financial assets with fixed or
determined payments that are not quoted
in the active market. After initial
recognition, SFAS 55 requires such
assets to be carried at amortized cost
using the effective interest rate method.
Gain or loss is recognized as profit or loss
when the loans and receivables are
derecognized or impaired, as well as
through the amortization process.
Liabilitas Keuangan
ii)
Financial Liabilities
Pengakuan awal
Initial recognition
Subsequent measurement
33
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
r.
AKUNTANSI
YANG
2.
r.
setelah
pengakuan
SUMMARY OF SIGNIFICANT
POLICIES (continued)
ACCOUNTING
awal
34
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
r.
AKUNTANSI
YANG
2.
v)
Instrumen
SUMMARY OF SIGNIFICANT
POLICIES (continued)
r.
Keuangan
ACCOUNTING
v)
Amortized
Instruments
Cost
of
Financial
35
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
r.
AKUNTANSI
YANG
2.
Nilai
Aset
SUMMARY OF SIGNIFICANT
POLICIES (continued)
r.
Keuangan
ACCOUNTING
of
Financial
Assets
36
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
r.
AKUNTANSI
YANG
2.
Nilai
Aset
SUMMARY OF SIGNIFICANT
POLICIES (continued)
r.
Keuangan
ACCOUNTING
of
Financial
Assets
37
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
r.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
r.
Aset
dan
ACCOUNTING
Aset keuangan
Financial assets
38
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
r.
AKUNTANSI
YANG
2.
SUMMARY OF SIGNIFICANT
POLICIES (continued)
r.
dan
ACCOUNTING
Liabilitas keuangan
Financial liabilities
Liabilitas
keuangan
dihentikan
pengakuannya ketika liabilitas yang
ditetapkan dalam kontrak dihentikan atau
dibatalkan atau kadaluwarsa.
39
2.
IKHTISAR KEBIJAKAN
SIGNIFIKAN (lanjutan)
s.
t.
AKUNTANSI
YANG
2.
Provisi
SUMMARY OF SIGNIFICANT
POLICIES (continued)
s.
ACCOUNTING
Provisions
t.
40
3.
3.
Pertimbangan
Judgments
41
3.
SUMBER
(lanjutan)
ESTIMASI
KETIDAKPASTIAN
3.
SOURCE OF
(continued)
ESTIMATION
UNCERTAINTY
Employee Benefits
42
3.
SUMBER
(lanjutan)
ESTIMASI
KETIDAKPASTIAN
3.
SOURCE OF
(continued)
ESTIMATION
UNCERTAINTY
Pajak Penghasilan
Income Tax
Pertimbangan
signifikan
dilakukan
dalam
menentukan provisi atas pajak penghasilan badan.
Terdapat transaksi dan perhitungan tertentu yang
penentuan pajak akhirnya adalah tidak pasti dalam
kegiatan usaha normal. Grup mengakui liabilitas
atas pajak penghasilan badan berdasarkan
estimasi apakah akan terdapat tambahan pajak
penghasilan badan.
43
3.
SUMBER
(lanjutan)
ESTIMASI
KETIDAKPASTIAN
3.
SOURCE OF
(continued)
ESTIMATION
UNCERTAINTY
44
4.
4.
RESTRUCTURING
OF
COMMON CONTROL
ENTITIES
UNDER
Harga Pengalihan/
Transfer Price
PT Tanindo Subur Prima
Nilai Buku
Aset Bersih/
Book Value
of Net Assets
53.942
56.789
Selisih Nilai
Transaksi
Restrukturisasi
Entitas
Sepengendali/
Difference
in Value
of Restructuring
Transaction of
Entities under
Common Control
2.847
45
4.
4.
RESTRUCTURING
OF
ENTITIES
COMMON CONTROL (continued)
UNDER
2010
(Disajikan
kembali Catatan 2
dan 4)/
(As restated Notes 2 and 4)
Total aset
2010
(Dilaporkan
sebelumnya/
As previously
reported)
1.363.277
1.363.277
Total assets
Total liabilitas
148.113
148.113
Total liabilities
Ekuitas
Modal saham
Tambahan modal disetor
300.000
86.395
300.000
86.395
5.863
5.863
54.824
769.434
(1.410)
769.434
(1.410)
Equity
Share capital
Additional paid-in capital
Difference in value of restructuring
transaction of entities
under common control
Proforma capital arising from
restructuring transaction of
entities under common control
Retained earnings
Other component of equity
Subtotal
Kepentingan nonpengendali
1.215.106
58
1.160.282
54.882
Subtotal
Noncontrolling interests
Total ekuitas
1.215.164
1.215.164
Total equity
1.363.277
1.363.277
46
4.
4.
UNDER
RESTRUCTURING
OF
ENTITIES
COMMON CONTROL (continued)
2010
(Dilaporkan
sebelumnya/
As previously
reported)
894.865
367.318
(179.572)
176.439
894.865
367.318
(179.572)
176.439
150.300
150.300
Net sales
Gross profit
Operating expenses
Income before income tax
Total comprehensive income
for the year
150.272
28
143.489
6.811
Total
150.300
150.300
Total
2009
(Dilaporkan
sebelumnya/
As previously
reported)
1.412.075
1.412.075
Total assets
Total liabilitas
347.211
347.211
Total liabilities
Ekuitas
Modal saham
Tambahan modal disetor
300.000
86.395
300.000
86.395
5.863
5.863
48.041
625.945
(1.410)
625.945
(1.410)
Equity
Share capital
Additional paid-in capital
Difference in value of restructuring
transaction of entities
under common control
Proforma capital arising from
restructuring transaction of
entities under common control
Retained earnings
Other component of equity
Subtotal
Kepentingan nonpengendali
1.064.834
30
1.016.793
48.071
Subtotal
Noncontrolling interests
Total ekuitas
1.064.864
1.064.864
Total equity
1.412.075
1.412.075
47
5.
5.
2010
203
541
8.906
6.532
527
372
204
430
567
394
404
281
600
3.785
296
614
185.977
27.616
23.400
17.800
38.600
Cash on hand
Cash in banks - third parties
Rupiah
PT Bank Central Asia Tbk
PT Bank Danamon
Indonesia Tbk
Citibank N.A.
PT Bank CIMB Niaga Tbk
Others
US Dollar
Citibank N.A.
(US$66,137 as of
December 31, 2011,
US$421,013 as of
December 31, 2010)
Bank - a related party (Note 31c)
Rupiah
PT Bank Agris
Time deposits - Rupiah
PT Bank CIMB Niaga Tbk
PT Bank Rakyat Indonesia
(Persero) Tbk
PT Bank Mandiri (Persero) Tbk
248.531
69.518
Total
48
6.
PIUTANG USAHA
6.
2010
Third parties:
Farmers receivables
Non-farmers receivables
PT Sang Hyang Seri (Persero)
PT Pertani (Persero)
PT Agritech Green Industries, Jakarta
CV Nusa Prima Timur, Makassar
Syaifuddin, Makassar
Anak Tani Store, Makassar
CV Bangkit Sanjaya, Semarang
PT Indo Kimia Pati, Semarang
Tani Takalar Store, Makassar
10.641
2.735
121.612
30.283
25.431
13.196
11.940
11.703
11.693
5.634
-
202.496
59.261
4.947
2.783
8.427
7.788
16.313
161.229
129.793
Total
Dikurangi cadangan penurunan nilai
403.362
(5.608)
434.543
(3.903)
397.754
430.640
17.795
9.403
415.549
440.043
Total
2010
Pihak ketiga:
Kurang dari 31 hari
31-60 hari
61-90 hari
91-180 hari
Lebih dari 180 hari
135.920
142.854
32.622
59.144
32.822
101.501
123.363
100.881
56.588
52.210
Total
Dikurangi cadangan penurunan nilai
403.362
(5.608)
434.543
(3.903)
397.754
430.640
Pihak berelasi:
Kurang dari 31 hari
31-60 hari
61-90 hari
91-180 hari
Lebih dari 180 hari
6.185
4.791
2.697
2.465
1.657
5.710
1.387
740
397
1.169
Related parties:
Fewer than 31 days
31-60 days
61-90 days
91-180 days
More than 180 days
17.795
9.403
49
Third parties:
Fewer than 31 days
31-60 days
61-90 days
91-180 days
More than 180 days
Total
Less allowance for impairment
6.
6.
7.
2010
3.903
2.560
(180)
(675)
-
6.126
966
(124)
(1.276)
(1.789)
5.608
3.903
Berdasarkan
hasil
penelaahan
terhadap
kemungkinan tidak tertagihnya piutang masingmasing pelanggan pada akhir tahun, Manajemen
Grup berkeyakinan bahwa jumlah cadangan
penurunan nilai tersebut cukup untuk menutup
kemungkinan kerugian atas tidak tertagihnya
piutang usaha.
Based on the review of the possibility of noncollectible receivables at the end of the year, the
Groups Management believes that the allowance
for impairment is sufficient to cover possible losses
from non-collection of the accounts.
PERSEDIAAN
7.
INVENTORIES
2010
97.897
30.809
8.992
77.880
8.038
175.584
29.543
11.058
65.444
5.017
Finished goods:
Corn seeds
Vegetable and fruit seeds
Paddy seeds
Pesticides
Others
223.616
286.646
50
7.
PERSEDIAAN (lanjutan)
7.
2011
INVENTORIES (continued)
2010
154.095
84.803
18.269
1.099
50
72.537
64.124
19.413
77
77
Work-in-process:
Corn seeds
Vegetable and fruit seeds
Paddy seeds
Pesticides
Others
258.316
156.228
Total work-in-process
16.542
14.011
1.114
23.532
15.096
6.765
1.390
14.560
Packaging
Raw materials
Inventories in transit
Others
Total
Dikurangi penyisihan penurunan
nilai persediaan
537.131
480.685
(13.832)
(18.283)
Total
Less allowance for decline in
value of inventories
Bersih
523.299
462.402
Kemasan
Bahan baku
Persediaan dalam perjalanan
Lain-lain
Net
2010
18.283
6.625
(11.076)
-
7.666
11.811
(364)
(830)
13.832
18.283
51
7.
PERSEDIAAN (lanjutan)
7.
UANG MUKA
8.
ADVANCES
The entire advances
advances as follows:
9.
INVENTORIES (continued)
represent
operational
2010
Perusahaan
Entitas Anak:
PT Tanindo Intertraco
PT Tanindo Subur Prima
PT Multi Sarana Indotani
10.626
5.026
1.230
125
58
2.692
112
57
Company
Subsidiaries:
PT Tanindo Intertraco
PT Tanindo Subur Prima
PT Multi Sarana Indotani
Total
12.039
7.887
Total
9.
PREPAID EXPENSES
Prepaid expenses consist of:
2010
Sewa
Asuransi
Lain-lain
3.922
640
63
1.363
513
56
Rent
Insurance
Others
Total
4.625
1.932
Total
52
Penambahan/
Additions
Reklasifikasi/
Reclassifications
Saldo Akhir/
Ending
Balance
Pengurangan/
Deductions
58.764
103.937
2.811
61
849
61.575
104.847
16.469
107.387
22.216
225
5.951
2.522
813
118
5.785
315
17.507
113.456
30.208
18.137
13.583
705
21
15
2
-
18.840
13.619
Cost
Direct ownership
Land
Buildings
Building and
land improvements
Machinery and equipment
Transportation equipment
Furniture, fixtures and
office equipment
Electrical installations
340.493
12.296
7.580
317
360.052
Total
Aset sewaan
Peralatan transportasi
8.227
(5.785)
2.442
Leased assets
Transportation equipment
8.183
4.213
2.147
3.158
(1.677)
(118)
8.653
7.253
Construction in progress
Building and
land improvements
Machinery and equipment
12.396
5.305
(1.795)
361.116
17.601
Harga Perolehan
Pemilikan langsung
Tanah
Bangunan
Prasarana tanah dan
bangunan
Mesin dan peralatan
Peralatan transportasi
Peralatan dan
perabot kantor
Instalasi listrik
Total
Total
Total Harga Perolehan
Akumulasi Penyusutan
Pemilikan langsung
Bangunan
Prasarana tanah dan
bangunan
Mesin dan peralatan
Peralatan transportasi
Peralatan dan
perabot kantor
Instalasi listrik
Total
15.906
Total
317
378.400
Total Cost
18.335
4.596
22.931
11.667
34.685
16.660
1.583
9.609
1.436
5.157
283
13.250
44.294
22.970
12.577
2.069
1.508
606
2
-
14.083
2.675
Accumulated Depreciation
Direct ownership
Buildings
Building and
land improvements
Machinery and equipment
Transportation equipment
Furniture, fixtures and
office equipment
Electrical installations
95.993
19.338
5.157
285
120.203
Total
5.819
1.185
(5.157)
1.847
Leased assets
Transportation equipment
Jumlah Akumulasi
Penyusutan
101.812
20.523
285
122.050
Total Accumulated
Depreciation
Nilai Buku
259.304
256.350
Aset sewaan
Peralatan transportasi
53
10. PROPERTY,
(continued)
PLANT
AND
EQUIPMENT
Penambahan/
Additions
Reklasifikasi/
Reclassifications
Saldo Akhir/
Ending
Balance
Pengurangan/
Deductions
Cost
Direct ownership
Land
Buildings
Building and
land improvements
Machinery and equipment
Transportation equipment
Furniture, fixtures and
office equipment
Electrical installations
60.471
94.364
539
29
11.538
2.246
1.994
58.764
103.937
17.509
108.916
19.763
14
1.932
707
38
338
2.087
1.092
3.799
341
16.469
107.387
22.216
16.949
14.435
1.218
158
21
-
51
1.010
18.137
13.583
332.407
4.597
14.022
10.533
340.493
Total
8.227
Leased assets
Transportation equipment
10.314
(2.087)
10.706
982
9.053
3.590
(11.576)
(359)
8.183
4.213
Construction in progress
Building and
land improvements
Machinery and equipment
Total
11.688
12.643
(11.935)
12.396
Total
354.409
17.240
10.533
361.116
Total Cost
14.058
4.397
120
18.335
9.834
25.481
13.966
2.062
9.602
1.123
1.878
229
398
307
11.667
34.685
16.660
11.039
1.456
1.575
672
37
59
12.577
2.069
Total
75.834
19.431
1.878
1.150
95.993
Total
5.819
Leased assets
Transportation equipment
1.150
101.812
Total Accumulated
Depreciation
259.304
Aset sewaan
Peralatan transportasi
Total Akumulasi
Penyusutan
Nilai Buku
5.996
1.701
81.830
21.132
(1.878)
-
272.579
54
Accumulated Depreciation
Direct ownership
Buildings
Building and
land improvements
Machinery and equipment
Transportation equipment
Furniture, fixtures and
office equipment
Electrical installations
penyusutan
10. PROPERTY,
(continued)
adalah
PLANT
AND
EQUIPMENT
sebagai
2011
2010
17.206
2.906
411
17.109
3.384
639
Total
20.523
21.132
Total
(b) Perhitungan laba (rugi) penjualan aset tetap bersih adalah sebagai berikut:
2011
Hasil penjualan bersih
Nilai buku - bersih
2010
113
32
9.210
9.381
81
(171)
2010
Harga perolehan
Akumulasi penyusutan
2
2
21
19
Cost
Accumulated depreciation
55
10. PROPERTY,
(continued)
31 Desember 2011
Bangunan dan prasarana
Mesin dan peralatan
Akumulasi
Biaya/
Accumulated
Cost
90%
90%
8.653
7.253
Total
31 Desember 2010
Bangunan dan prasarana
Mesin dan peralatan
Estimasi Tahun
Penyelesaian/
Estimated Year
of Completion
2012
2012
15.906
Estimasi
Persentase
Penyelesaian dari
Segi Keuangan/
Estimated
Percentage
of Completion
of Financial Terms
AND
EQUIPMENT
PLANT
Akumulasi
Biaya/
Accumulated
Cost
90%
90%
8.183
4.213
Total
12.396
Estimasi Tahun
Penyelesaian/
Estimated Year
of Completion
2011
2011
56
10. PROPERTY,
(continued)
PLANT
AND
EQUIPMENT
(f)
(f)
2010
6.758
1.965
457
249
100
65
6.928
1.339
457
846
221
600
Total
9.594
10.391
Total
57
2010
Perusahaan
Biaya transaksi yang belum diamortisasi
50.024
(500)
Company
Unamortized transaction costs
Total
49.524
Total
distributing dividends
58
59
2010
Third parties:
Farmers
Agronature Co. Ltd., China
Hubei Sanonda Co. Ltd., China
PT Sumber Indokemjaya, Jakarta
34.707
10.620
10.492
499
5.541
21.559
10.756
1.300
494
1.249
56.812
40.405
5.620
7.936
62.432
48.341
Total
2010
16.209
9.471
8.071
1.809
447
133
7.011
1.416
1.000
3.251
Customer advances
Monsanto Singapore Company
(Pte) Ltd., Singapore (Note 32d)
Farmers
CV Asia
PT Inpack Pratama
5.878
5.259
Total
32.547
27.408
Total
60
15. PERPAJAKAN
a.
15. TAXATION
a.
b.
2010
15.374
-
15.374
65.318
2.232
1.306
-
1.262
12.957
Income tax
Company
2010
2009
Subsidiaries
2011
2010
2009
18.912
94.911
Total
b.
c.
2010
Perusahaan
Pajak Penghasilan
Pasal 4 (2)
Pasal 21
Pasal 23
Pasal 25
Pasal 26
Pasal 29
Pajak Pertambahan Nilai
9
1.206
36
1.198
897
4.178
918
31
1.054
23
2.186
779
1.118
Company
Income taxes
Article 4 (2)
Article 21
Article 23
Article 25
Article 26
Article 29
Value Added Tax
Total - Perusahaan
8.442
5.191
Total - Company
Entitas Anak
Pajak Penghasilan
Pasal 4 (2)
Pasal 21
Pasal 23
Pasal 25
Pasal 29
Pajak Pertambahan Nilai
Denda pajak
1
1.035
19
406
11.116
1.007
-
9
1.064
30
764
4.193
895
7.788
Subsidiaries
Income taxes
Article 4 (2)
Article 21
Article 23
Article 25
Article 29
Value Added Tax
Tax penalties
13.584
14.743
Total - Subsidiaries
Total
22.026
19.934
Total
c.
2010
Perusahaan
Pajak tahun berjalan
Pajak tangguhan
21.528
(44)
14.463
(4.607)
Total - Perusahaan
21.484
9.856
61
Company
Current
Deferred
Total - Company
d.
2010
Entitas Anak
Pajak tahun berjalan
Pajak tangguhan
22.277
(747)
16.311
(28)
21.530
16.283
Total - Subsidiaries
Bersih
43.014
26.139
Net
d.
Subsidiaries
Current
Deferred
2010
191.149
176.439
(86.421)
(58.067)
(6.954)
(55.801)
97.774
62.571
7.078
(4.306)
5.838
-
2.553
(23)
(104)
(2.215)
460
141
(95)
(1.629)
(4.938)
11.811
8.796
4
127
-
721
(4.569)
107.641
62
(39)
72.315
2010
21.528
22.277
14.463
16.311
Total
43.805
30.774
Total
17.350
13.393
29.837
13.380
Total
30.743
43.217
Total
(2.232)
(15.374)
(1.262)
(2.232)
(16.636)
15.294
4.193
63
2.
3.
1.
2.
3.
64
Perhitungan penghasilan
adalah sebagai berikut:
pajak tangguhan
2011
g.
2010
(1.769)
1.076
(1.460)
(638)
6
26
554
(114)
(35)
24
407
1.235
1.364
-
(2.953)
(2.300)
(74)
Total
Entitas Anak
(44)
(747)
(4.607)
(28)
Total
Subsidiaries
(791)
(4.635)
g.
2010
97.774
62.571
24.444
15.643
2.199
1
32
-
180
(1.142)
65
(10)
h.
2010
1.364
(2.300)
(5.382)
-
(3.615)
(74)
21.484
21.530
9.856
16.283
Total
43.014
26.139
Total
h.
2010
Deferred tax assets (liabilities) - net
Company
Inventories
Prepaid expenses
Property, plant and equipment
Accrued expenses
Finance lease obligations
Employee benefit liabilities
4.272
(1)
(5.657)
2.300
(5)
7.116
6.871
5
(5.103)
531
21
3.941
8.025
6.266
Entitas Anak
Aset pajak tangguhan - bersih
3.811
4.801
Subsidiaries
Deferred tax assets - net
11.836
11.067
66
Perusahaan
Company
67
2010
21.945
4.528
1.996
832
691
627
2.456
9.234
3.937
1.699
654
868
554
1.449
Total
33.075
18.395
Total
68
2011
2010
528
2.369
527
528
(17)
2.896
(203)
511
2.693
(511)
(2.182)
511
Current portion
Long-term portion
69
18. LIABILITAS
(lanjutan)
IMBALAN
KERJA
KARYAWAN
Beban yang
komprehensif
berikut:
2010
9% per tahun/annum
9% per tahun/annum
55 tahun/years
TMI II
2010
5.410
3.888
2.666
3.102
121
94
120
93
9.513
5.981
The
employee
benefit
liabilities
as
December 31, 2011 and 2010 are as follows:
Discount rate
Salary increase rate
Pension age
Mortality rate
of
2010
59.189
(88)
(19.424)
35.709
(3.532)
(739)
(860)
38.938
70
31.317
18. LIABILITAS
(lanjutan)
IMBALAN
KERJA
KARYAWAN
2010
31.317
9.513
(88)
26.075
5.981
-
Subtotal
Dikurangi pembayaran tahun berjalan
40.742
(1.804)
32.056
(739)
38.938
31.317
2010
(Disajikan
kembali Catatan 2 dan 4)/
(As restated Notes 2 and 4)
2011
of
1 Januari 2010/
31 Desember 2009/
January 1, 2010/
December 31, 2009
(Disajikan kembali Catatan 2 dan 4)/
(As restated Notes 2 and 4)
10
62
26
13
33
12
10
10
10
Total
98
58
30
Total
2010
(Disajikan
kembali Catatan 2 dan 4)/
(As restated Notes 2 and 4)
2011
of
1 Januari 2010/
31 Desember 2009/
January 1, 2010/
December 31, 2009
(Disajikan kembali Catatan 2 dan 4)/
(As restated Notes 2 and 4)
29
14
3
23
2
3
-
Total
43
28
Total
71
Pemegang saham
Total Saham
Ditempatkan dan
Disetor Penuh/
Number of
Shares Issued
and Fully Paid
Persentase
Pemilikan/
Percentage
of Ownership
Nominal/
Amount
Shareholders
PT Agrindo Pratama
Midsummer Limited, Seychelles
Publik (masing-masing di bawah 5%)
930.000.000
692.344.000
1.377.656.000
31,00
23,08
45,92
93.000
69.234
137.766
PT Agrindo Pratama
Midsummer Limited, Seychelles
Public (less than 5% ownership each)
Total
3.000.000.000
100,00
300.000
Total
2010
Agio saham
Penawaran umum perdana saham
Penerbitan saham
Biaya emisi saham
90.000
78
(3.683)
90.000
78
(3.683)
Bersih
86.395
86.395
Share premium
Initial public offering
Issuance of shares
Share issuance costs
Net
72
2010
Pihak Ketiga
Benih
Benih jagung
Benih sayuran dan buah-buahan
Benih padi
416.691
230.781
3.876
308.106
200.068
51.593
Third Parties
Seeds
Corn seeds
Vegetable and fruit seeds
Paddy seeds
Total benih
651.348
559.767
Total seeds
Pestisida
Lain-lain
286.156
16.714
273.522
12.916
Pesticides
Others
954.218
846.205
40.315
4.123
43.574
5.086
44.438
48.660
998.656
894.865
73
2010
426.339
4.190
164.476
253.315
4.828
143.098
595.005
401.241
156.228
(258.316)
263.509
(156.228)
492.917
508.522
286.646
87.015
(223.616)
252.379
58.633
(286.646)
642.962
532.888
(60.366)
582.596
(5.341)
527.547
74
2010
44.854
25.757
40.105
23.161
24.019
16.543
2.906
2.364
2.337
1.947
1.937
1.133
1.116
1.017
798
388
1.896
23.895
17.126
3.384
1.694
2.932
1.538
2.817
1.600
662
1.380
1.340
1.188
2.727
129.012
125.549
2010
24.241
18.972
18.256
8.569
6.625
3.234
2.684
11.811
2.903
2.367
2.560
1.280
855
106
4.754
1.113
1.068
4.204
1.188
3.959
65.311
75
2010
38.740
14.119
7.971
605
173
430
53.464
8.574
operasi
lainnya
adalah
2011
2010
11.076
364
681
1.312
81
1.706
1.789
6.524
13.544
9.989
2010
527
186
10.976
482
Total
713
11.458
Total
76
2010
146.127
143.489
3.000.000.000
3.000.000.000
Weighted-average number of
shares outstanding
49
48
31. BALANCES
AND
RELATED PARTY
TRANSACTIONS
WITH
Total/Total
2011
2010
2011
2010
PT Centralpertiwi Bahari
PT Central Proteinaprima Tbk
Chia Tai Co. Ltd., Thailand
Tanindo Seed Private Ltd., India
Lain-lain
26.988
13.259
2.806
1.317
68
13.055
30.194
4.270
816
325
2,70
1,33
0,28
0,13
0,01
1,46
3,37
0,48
0,09
0,04
PT Centralpertiwi Bahari
PT Central Proteinaprima Tbk
Chia Tai Co. Ltd., Thailand
Tanindo Seed Private Ltd., India
Others
Total
44.438
48.660
4,45
5,44
Total
77
31. BALANCES
AND
TRANSACTIONS
RELATED PARTY (continued)
Total/Total
2011
WITH
2010
2011
2010
PT Centralpertiwi Bahari
PT Central Proteinaprima Tbk
Tanindo Seed Private Ltd., India
Chia Tai Co. Ltd., Thailand
Lain-lain
11.615
2.699
2.492
957
32
3.362
4.807
1.138
18
78
0,76
0,18
0,16
0,06
0,00
0,25
0,35
0,08
0,00
0,00
PT Centralpertiwi Bahari
PT Central Proteinaprima Tbk
Tanindo Seed Private Ltd., India
Chia Tai Co. Ltd., Thailand
Others
Total
17.795
9.403
1,16
0,68
Total
Total/Total
2011
Chia Tai Seeds Co. Ltd., Thailand
2010
30.957
2011
27.019
3,10
2010
5.620
Total/Total
2011
3,02
2010
2011
7.936
78
2010
2,35
5,36
31. BALANCES
AND
TRANSACTIONS
RELATED PARTY (continued)
Total/Total
2011
Pembebanan bunga pinjaman
(Catatan 29)
PT Reksa Finance
WITH
2010
186
2011
482
2010
0,02
0,05
Financing costs
(Note 29)
PT Reksa Finance
9.098
1,02
3.805
398
0,38
0,04
Transaksi
penjualan
aset
tetap
milik
Perusahaan kepada PT Agrico International
telah dilakukan sesuai dengan ketentuan
Keputusan
Ketua
BAPEPAM-LK
No. KEP-412/BL/2009 tanggal 25 November
2009 tentang Transaksi Afiliasi dan Benturan
Kepentingan Transaksi Tertentu.
Total/Total
2011
Kas dan setara kas (Catatan 5)
PT Bank Agris
Piutang pihak berelasi
PT Agrico International
2010
2011
2010
296
614
0,02
0,05
2.586
586
0,17
0,04
79
31. BALANCES
AND
TRANSACTIONS
RELATED PARTY (continued)
Total/Total
2011
Utang sewa pembiayaan (Catatan 17)
PT Reksa Finance
Utang pihak berelasi
PT Charoen Pokphand
Indonesia Tbk (Catatan 32e)
Lain-lain
Total
WITH
2010
2011
2010
511
2.693
0,21
1,82
62
65
18
7
0,03
0,03
0,01
0,01
127
25
0,06
0,02
Total
Sifat berelasi
Nature of relationships
Pihak-pihak Berelasi/
Related Parties
PT Centralpertiwi Bahari
PT Central Agromina
PT Central Avian Pertiwi
PT Central Proteinaprima Tbk
PT Charoen Pokphand Jaya Farm
PT Marindolab Pratama
PT SHS International
PT Vista Agung Kencana
Sifat Berelasi/
Nature of Relationship
Entitas di bawah pengaruh signifikan
yang sama/
Entity under common significant
influence.
Transaksi/
Transaction
Penjualan pestisida/Sales of pesticides.
PT Agrico International
PT Bank Agris
Sewa/Rent.
PT Reksa Finance
80
Perusahaan
mengadakan
perjanjian
kerjasama produksi benih dengan Petani.
Perusahaan akan menjual benih induk untuk
ditanam dan kemudian memberikan bimbingan
teknis dan pengawasan selama proses
penanaman. Petani akan menanggung seluruh
biaya produksi. Perusahaan akan membeli
hasil panen benih tersebut dari Petani
berdasarkan ketentuan yang telah ditetapkan
dalam perjanjian. Perjanjian kerjasama ini
hanya berlaku untuk satu kali masa tanam dan
dapat diperpanjang secara berkala.
b.
Perjanjian
Kerjasama
Produksi
Pemasaran Benih Komersial
b.
dan
c.
d.
Perjanjian Lisensi
License Agreements
The Company has a license agreement with
Monsanto Company, United States of
America. Based on this agreement, the
Company was granted the license to produce
and sell certain hybrid corn seeds in
Indonesia. As compensation, the Company
agreed to pay a royalty fee at a certain rate in
Rupiah, which was calculated on the basis of
the quantity of hybrid corn seeds sold.
81
e.
Perjanjian Sewa
Rental Agreements
The Group rents office building and
warehouses located in Sidoarjo from
PT Charoen Pokphand Indonesia Tbk, a
related party. Based on the annual rental
agreements, annual rent expense in both 2011
and 2010 amounted to Rp215, respectively.
Jagung/
Corn
Sayuran dan
buah-buahan/
Vegetable and
fruit
Padi/
Paddy
Pestisida/
Pesticide
Lain-lain/
Others
Eliminasi/
Elimination
Konsolidasian/
Consolidated
Penjualan segmen
Penjualan eksternal
Penjualan antarsegmen
416.691
-
234.904
1.825
3.876
-
326.471
15.168
16.714
2.337
(19.330)
998.656
-
Segment sales
External sales
Inter-segment sales
416.691
236.729
3.876
341.639
19.051
(19.330)
998.656
Laba bruto
178.812
86.511
209
162.373
7.485
(19.330)
416.060
Gross profit
82
Sayuran dan
buah-buahan/
Vegetable and
fruit
Jagung/
Corn
Beban penjualan, umum
dan administrasi
Beban operasi lainnya
Pendapatan operasi lainnya
(103.389)
(34.002)
Padi/
Paddy
Pestisida/
Pesticide
(1.968)
(52.288)
Lain-lain/
Others
Eliminasi/
Elimination
(2.676)
Konsolidasian/
Consolidated
-
Laba usaha
Pendapatan bunga
Biaya keuangan
10.045
(713)
Laba sebelum
pajak penghasilan
191.149
Beban pajak
penghasilan - bersih
(43.014)
148.135
795.153
723.381
Segment assets
Unallocated assets
Aset segmen
Aset tidak dapat dialokasi
346.216
144.767
84.247
212.471
7.452
20.412
Total aset
Liabilitas segmen
Liabilitas tidak dapat dialokasi
Total liabilitas
Pengeluaran barang modal
dapat dialokasi
Pengeluaran barang modal
tidak dapat dialokasi
2.293
4.136
2.029
Total assets
20.412
218.768
Segment liabilities
Unallocated liabilities
16.581
1.020
Total
Penyusutan dan
amortisasi
1.518.534
239.180
8.123
17.601
8.750
4.933
81
6.856
351
20.971
16.951
4.369
72
6.072
311
27.775
Total liabilities
Allocated capital
expenditures
Unallocated capital
expenditures
Total
Depreciation and
amortization
Non-cash expenses other
than depreciation and
amortization
2010
Jagung/
Corn
Sayuran dan
buah-buahan/
Vegetable and
fruit
Padi/
Paddy
Pestisida/
Pesticide
Lain-lain/
Others
Eliminasi/
Elimination
Konsolidasian/
Consolidated
Penjualan segmen
Penjualan eksternal
Penjualan antarsegmen
308.106
-
205.154
-
51.593
-
317.096
13.156
12.916
2.393
(15.549)
894.865
-
Segment sales
External sales
Inter-segment sales
308.106
205.154
51.593
330.252
15.309
(15.549)
894.865
Laba bruto
102.118
95.154
18.978
161.561
5.056
(15.549)
367.318
Gross profit
(81.753)
(35.328)
(13.282)
(48.115)
(2.509)
Laba usaha
187.746
Pendapatan bunga
Biaya keuangan
151
(11.458)
Interest income
Finance costs
Laba sebelum
pajak penghasilan
176.439
Income before
income tax
83
Sayuran dan
buah-buahan/
Vegetable and
fruit
Jagung/
Corn
Padi/
Paddy
Pestisida/
Pesticide
Lain-lain/
Others
Eliminasi/
Elimination
Konsolidasian/
Consolidated
Beban pajak
penghasilan - bersih
(26.139)
359.606
123.468
90.819
201.424
4.440
32.038
Total aset
Liabilitas segmen
Liabilitas tidak dapat dialokasi
Total liabilitas
Pengeluaran barang modal
dapat dialokasi
Pengeluaran barang modal
tidak dapat dialokasi
9.438
2.414
4.921
200
Total
Penyusutan dan
amortisasi
Beban non kas selain
penyusutan dan amortisasi
150.300
779.757
583.520
Segment assets
Unallocated assets
1.363.277
Total assets
32.038
116.075
Segment liabilities
Unallocated liabilities
148.113
Total liabilities
267
Allocated capital
expenditures
Unallocated capital
expenditures
17.240
Total
16.973
7.886
5.251
1.321
8.117
331
22.906
17.263
3.231
708
1.857
77
23.136
Depreciation and
amortization
Non-cash expenses other
than depreciation and
amortization
Jagung/
Corn
Sayuran dan
buah-buahan/
Vegetable and
fruit
Padi/
Paddy
Pestisida/
Pesticide
Lain-lain/
Others
Eliminasi/
Elimination
Konsolidasian/
Consolidated
Penjualan
Jawa
Sumatera
Sulawesi
Kalimantan
Luar negeri
329.632
4.163
78.562
4.334
-
149.736
34.165
21.082
13.807
17.939
1.556
2.320
-
125.919
121.961
75.290
18.469
-
15.438
1.855
896
862
-
(19.330)
-
602.951
162.144
178.150
37.472
17.939
Sales
Java
Sumatera
Sulawesi
Kalimantan
Overseas
Total
416.691
236.729
3.876
341.639
19.051
(19.330)
998.656
Total
2010
Jagung/
Corn
Sayuran dan
buah-buahan/
Vegetable and
fruit
Padi/
Paddy
Pestisida/
Pesticide
Lain-lain/
Others
Eliminasi/
Elimination
Konsolidasian/
Consolidated
Penjualan
Jawa
Sumatera
Sulawesi
Kalimantan
Luar negeri
186.363
5.793
109.385
6.565
-
122.614
39.440
10.700
10.610
21.790
25.349
9.060
17.184
-
116.346
127.587
70.047
16.272
-
11.968
1.684
815
842
-
(15.549)
-
447.091
183.564
208.131
34.289
21.790
Sales
Java
Sumatera
Sulawesi
Kalimantan
Overseas
Total
308.106
205.154
51.593
330.252
15.309
(15.549)
894.865
Total
84
liabilitas
tanggal
2011
2010
Aset Keuangan
Pinjaman yang diberikan dan Piutang
Kas dan setara kas
Piutang usaha
Pihak ketiga
Pihak berelasi
Piutang lain-lain - pihak ketiga
Piutang pihak berelasi
Aset tidak lancar lainnya - bersih
248.531
69.518
397.754
17.795
12.374
2.586
557
430.640
9.403
2.026
586
678
Financial Assets
Loans and Receivables
Cash and cash equivalents
Accounts receivable - trade
Third parties
Related parties
Accounts receivable - others - third parties
Due from a related party
Other assets - net
Total
679.597
512.851
Total
Liabilitas Keuangan
Utang dan Pinjaman
Utang bank jangka pendek
Utang usaha
Pihak ketiga
Pihak berelasi
Utang lain-lain - pihak ketiga
Beban masih harus dibayar
Bagian lancar
utang sewa pembiayaan
Utang pihak berelasi
Utang sewa pembiayaan - setelah
dikurangi bagian lancar
Total
49.524
56.812
5.620
32.547
11.130
40.405
7.936
27.408
9.161
511
127
2.182
25
511
Financial Liabilities
Loans and Borrowings
Short-term bank loans
Accounts payable - trade
Third parties
A related party
Accounts payable - others - third parties
Accrued expenses
Current portion of
finance lease obligations
Due to related parties
Finance lease obligations - net of
current portion
156.271
87.628
Total
85
MANAJEMEN
a.
a.
Risiko kredit
Credit risks
86
MANAJEMEN
Risiko likuiditas
b.
Liquidity risks
< 1 tahun/
< 1 year
Utang bank jangka pendek
Utang usaha
Pihak ketiga
Pihak berelasi
Utang lain-lain - pihak ketiga
Beban masih harus dibayar
Bagian lancar
utang sewa pembiayaan
Utang pihak berelasi
Total
1-2 tahun/
1-2 years
Total/
Total
49.524
49.524
56.812
5.620
32.547
11.130
56.812
5.620
32.547
11.130
511
127
511
127
156.271
156.271
Total
87
d.
MANAJEMEN
Pengelolaan modal
Capital management
Selain
itu,
Undang-undang
Perseroan
Terbatas, efektif tanggal 16 Agustus 2007,
mengharuskan Grup untuk mengalokasikan
sampai dengan 20% dari modal saham
ditempatkan dan disetor penuh ke dalam dana
cadangan yang tidak boleh didistribusikan.
Persyaratan permodalan eksternal tersebut
dipertimbangkan oleh Grup pada Rapat Umum
Pemegang Saham.
88
MANAJEMEN
49.524
511
Total utang
50.035
Total debt
1.279.354
Total equity
0,04
Debt-to-equity ratio
Total ekuitas
Rasio utang terhadap ekuitas
89
MONETER DALAM
IN
FOREIGN
2011
LIABILITIES
Setara dengan
Rupiah/
Rupiah Equivalent
Aset
Kas dan setara kas (AS$66.137)
Piutang usaha (AS$1.053.810)
2011
600
9.556
Assets
Cash and cash equivalents (US$66,137)
Accounts receivable - trade (US$1,053,810)
10.156
Total
27.464
80
Liabilities
Accounts payable - trade
(US$3,004,232 and 18,839)
Accounts payable - Other (US$8,855)
Total
27.544
Total
17.388
Total
Liabilitas
2010
Setara dengan
Rupiah/
Rupiah Equivalent
Aset
Kas dan setara kas (AS$421.013)
Piutang usaha (AS$774.165)
2010
3.785
6.961
Assets
Cash and cash equivalents (US$421,013)
Accounts receivable - trade (US$774,165)
Total
10.746
Total
Liabilitas
Utang usaha (AS$4.742.601)
42.641
Liability
Accounts payable - others (US$4,742,601)
31.895
90
37. STANDARDS
EFFECTIVE
ISSUED
BUT
NOT
YET
91
37. STANDARDS
ISSUED
EFFECTIVE (continued)
BUT
NOT
YET
92
37. STANDARDS
ISSUED
EFFECTIVE (continued)
BUT
NOT
YET
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.
93
Dilaporkan sebelumnya/
As previously reported
Diklasifikasikan kembali/
As reclassified
Disajikan
kembali Catatan 2
dan 4/
As restated Notes 2 and 4
Alasan/
Reason
31 Desember 2010/
December 31, 2010
Hak minoritas atas aset bersih
Anak Perusahaan yang
dikonsolidasi/
Minority interests in net assets
of consolidated Subsidiaries
Kepentingan nonpengendali
Noncontrolling interests
58
Kepentingan nonpengendali
Noncontrolling interests
30
1 Januari 2010/
31 Desember 2009/
January 1, 2010/
December 31,2009
Hak minoritas atas aset bersih
Anak Perusahaan yang
dikonsolidasi/
Minority interests in net assets
of consolidated Subsidiaries
39. PENYELESAIAN
KONSOLIDASIAN
LAPORAN
KEUANGAN
94