PARTICIPATING INTEREST Pada tahun 2014 dan 2013, Grup melakukan
4. AKUISISI DAN PENAMBAHAN PARTICIPATING INTEREST (lanjutan)
4. ACQUISITION AND ADDITION OF
PARTICIPATING INTEREST (continued)
b. Penambahan 7,483068% participating
interest PT PHE OSES di Blok Offshore Southeast Sumatera
b. Addition of PT PHE OSES’s 7.483068%
participating interest in Offshore Southeast Sumatera Block
Efektif sejak tanggal 24 Oktober 2014, PT PHE OSES mengakuisisi tambahan participating interest sebesar 7,483068% dari kontraktor lain seharga US$52.619. Akuisisi ini meningkatkan kepemilikan participating interest PT PHE OSES di Blok Offshore Southeast Sumatera menjadi 20,550512%.
Effective from 24 October 2014, PT PHE OSES acquired an additional 7.483068% participating interest from other contracting partners for US$52,619. The acquisition increased PT PHE OSES’s participating interest in Offshore Southeast Sumatera Block to 20.550512%.
c. Perolehan participating interest di Blok Siak c. Acquisition of participating interest in Siak Block
Berdasarkan Surat Menteri Energi dan Sumber
Daya Mineral No. 8818/13/MEM.M/2013
tertanggal 26 November 2013, SKK MIGAS menunjuk Perusahaan sebagai pengelola baru Blok Siak sehubungan dengan berakhirnya KKS Siak tanggal 27 November 2013. Pada tanggal 26 Mei 2014, PHE Siak dan SKK MIGAS menandatangani KKS untuk wilayah kerja Blok Siak untuk jangka waktu kontrak 20 tahun (sampai dengan 25 Mei 2034).
Based on the Ministry of Energy and Mineral Resources letter No. 8818/13/MEM.M/2013 dated 26 November 2013, SKK MIGAS appointed the Company as the new operator of Siak Block following the expiration Siak PSC on 27 November 2013. On 26 May 2014, PHE Siak and SKK MIGAS have signed PSC for Siak PSC Block for the period of 20 years (i.e. until 25 May 2034).
d. Pengendalian PT Elnusa Tbk. d. Control over PT Elnusa Tbk.
Pada bulan April 2014, Dana Pensiun Pertamina mengakuisisi 17,1% kepemilikan PT Elnusa Tbk. Sehubungan dengan transaksi ini,
manajemen mempertimbangkan kembali
status kepemilikan 41,1% saham Perusahaan di PT Elnusa Tbk. yang sebelumnya dicatat
menggunakan metode ekuitas. Setelah
mempertimbangkan ukuran relatif dan
penyebaran dari pemegang hak suara PT
Elnusa Tbk. lainnya serta beberapa
pertimbangan tertentu, manajemen
berkesimpulan bahwa Perusahaan memiliki
hak suara mayoritas untuk dapat
mengarahkan aktifitas PT Elnusa Tbk. Dengan demikian, Perusahaan memiliki pengendalian atas PT Elnusa Tbk. meskipun Perusahaan hanya memiliki 41,1% hak suara dan hak kepemilikan atas PT Elnusa Tbk. Sehingga, mulai bulan April 2014 tersebut, Perusahaan mengkonsolidasikan laporan keuangan PT
Elnusa Tbk. Pada saat bersamaan,
Perusahaan mengakui adanya keuntungan dari pengukuran kembali kepentingan ekuitas yang dimiliki sebelumnya sebesar US$53.445, sebagai akibat dari perubahan status investasi tersebut.
On April 2014, Dana Pensiun Pertamina acquired 17.1% ownership interest in PT Elnusa Tbk. Following this transaction, management reassessed the Company's 41.1% interest in PT Elnusa Tbk. which was previously accounted using equity method. After considering the relative size and dispersion of the other PT Elnusa Tbk. voteholders and several considerations, management concluded that the Company has majority vote over PT Elnusa Tbk. to direct relevant activities. Therefore, the Company has a control over PT Elnusa Tbk. although the Company only has 41.1% voting rights and ownership interest in PT Elnusa Tbk. As such, starting April 2014, the Company consolidates PT Elnusa Tbk. financial statements. At the same time, the Company recognised gain from re-measurement of the previously held equity interest of US$53,445 as a result of the investment changes.
4. AKUISISI DAN PENAMBAHAN PARTICIPATING INTEREST (lanjutan)
4. ACQUISITION AND ADDITION OF
PARTICIPATING INTEREST (continued)
d. Pengendalian PT Elnusa Tbk. (lanjutan) d. Control over PT Elnusa Tbk. (continued)
2014
Kas dan setara kas 109,037 Cash and cash equivalents
Piutang usaha 77,340 Trade Receivables
Aset keuangan lainnya 20,916 Other financial asset
Persediaan 11,810 Inventories
Aset dimiliki untuk dijual 3,041 Assets held for sale
Pajak dibayar dimuka 32,767 Prepaid tax
Aset pajak tangguhan 10,811 Deferred tax assets
Aset tetap 91,275 Fixed assets
Investasi jangka panjang 3,131 Long term investments
Aset lain-lain 14,166 Other assets
Utang usaha (28,304) Trade payable
Liabilitas keuangan lainnya (15,600) Other financial liabilities
Utang pajak (6,080) Tax payable
Akrual (69,701) Accrual
Pinjaman bank (47,383) Bank loan
Penyisihan imbalan karyawan (2,260) Provision for employee benefits
Nilai buku aset bersih 204,966 Book value of net assets
Selisih nilai wajar dan nilai buku aset Excess of fair value over net book
yang dialokasikan ke aset tetap 46,582 value allocated to fixed assets
Nilai wajar aset bersih 251,548 Fair value of net assets
Saham kepemilikan kepentingan Share held by non-controlling
non-pengendali 120,726 interest
Kepemilikan sebelumnya 130,822 Previously held interest
Nilai wajar kepentingan yang
dimiliki sebelumnya 251,548 Fair value of previously held interest
Goodwill - Goodwill
Penyesuaian nilai wajar terutama berasal dari aset tetap yang diakuisisi.
The fair value adjustments principally relate to the recognisition of fixed asset acquired. Pendapatan dan beban dari PT Elnusa Tbk.
sejak April 2014 masuk dalam laporan laba- rugi konsolidasian Grup.
The amounts of revenue and profit or loss of PT Elnusa Tbk. since April 2014 are included in the Group’s consolidated profit or loss.
4. AKUISISI DAN PENAMBAHAN PARTICIPATING INTEREST (lanjutan)
4. ACQUISITION AND ADDITION OF
PARTICIPATING INTEREST (continued)
e. Akuisisi saham Burlington Resources
International Holding LLC
e. Share acquisition of Burlington Resources International Holding LLC
Efektif sejak tanggal 27 November 2013, Perusahaan mengakuisisi 100% modal saham ConocoPhillips Algeria Ltd. (COPAL) dari Burlington Resources International Holdings LLC (100%).
Effective from 27 November 2013, the Company acquired 100% of the shares of ConocoPhillips Algeria Ltd. (COPAL) from Burlington Resources International Holdings LLC (100%).
COPAL adalah perusahaan yang berdomisili di Cayman Island yang memiliki 65% participating interest di Blok 405a Aljazair. Aktivitas COPAL mencakup peran sebagai operator pada area MLN dan sebagai partner pada unit Ourhoud dan EMK.
COPAL is a corporation domiciled in the Cayman Islands and holds 65% participating interest in Block 405a Algeria. COPAL’s activities include acting as an operator in the MLN area and a partner in the Ourhoud and EMK units.
Jumlah nilai wajar aset dan liabilitas yang timbul dari akuisisi sebagai berikut:
Fair values of the assets and liabilities, arising from this acquisition are as follows:
2013
Kas dan setara kas 17,443 Cash and cash equivalents
Piutang 20,031 Receivables
Piutang lain-lain 11,342 Other receivables
Persediaan 22,129 Inventories
Beban tangguhan dan
beban dibayar di muka 288 Deferred charges and prepayments
Aset pajak tangguhan 19,582 Deferred tax assets
Aset minyak dan gas - bersih 632,196 Oil and gas properties - net
Utang (42,373) Payables
Utang lain-lain (36,172) Other payable
Liabilitas pajak tangguhan (75,062) Deferred tax liabilities
Nilai buku aset bersih 569,404 Book value of net assets
Selisih nilai wajar dan nilai buku Excess of fair value over net book value
aset yang dialokasikan ke aset minyak allocated to oil and gas properties
dan gas (setelah liabilitas pajak tangguhan) 543,785 (net of deferred tax liabilities)
Nilai wajar aset bersih 1,113,189 Fair value of net assets
Kepemilikan yang diakuisisi 100% Interest acquired
Nilai wajar aset bersih yang diperoleh 1,113,189 Fair value of net assets acquired
Goodwill 556,703 Goodwill
Purchase consideration through
Harga perolehan melalui pembayaran kas 1,669,892 cash payment
Kas dan setara kas (17,443) Cash and cash equivalents
4. AKUISISI DAN PENAMBAHAN PARTICIPATING INTEREST (lanjutan)
4. ACQUISITION AND ADDITION OF
PARTICIPATING INTEREST (continued)
e. Akuisisi saham Burlington Resources
International Holding LLC (lanjutan)
e. Share acquisition of Burlington Resources International Holding LLC (continued)
Penyesuaian nilai wajar terutama berasal dari pengakuan cadangan dan sumber minyak dan gas yang diakuisisi. Saldo goodwill terutama berasal dari pengakuan pajak tangguhan yang dihitung dari perbedaan antara dampak nilai wajar aset dan liabilitas yang diakuisisi dengan dasar pengenaan pajaknya.
The fair value adjustments principally relate to the recognition of the oil and gas reserves and resources acquired. The goodwill balance is mainly the result of the requirement to recognise a deferred tax liability calculated as the difference between the fair value of the assets and liabilities acquired and their tax bases.
f. Akuisisi participating interest Blok West
Qurna-1
f. Acquisition of participating interest on West
Qurna-1 Block Efektif sejak tanggal 29 November 2013,
Perusahaan melalui PT Pertamina Irak Eksplorasi Produksi (“PIREP”) telah melakukan akuisisi atas 10% participating interest di Blok West Qurna-1 di Irak. Participating interest yang lain dimiliki oleh ExxonMobil Iraq Limited sebagai lead contractor (25%), Shell West Qurna B.V. (15%), Oil Exploration Company of Iraqi Ministry of Oil (25%) dan Petrochina International Iraq FZE (25%). Akuisisi atas participating interest ini dicatat sebagai aset minyak dan gas bumi.
Effective from 29 November 2013, the Company acquired a 10% participating interest in West Qurna-1 Block in Iraq through PT Pertamina Irak Eksplorasi Produksi (“PIREP”). Other participating interests were held by ExxonMobil Iraq Limited as lead contractor (25%), Shell West Qurna B.V. (15%), Oil Exploration Company of Iraqi Ministry of Oil (25%) and Petrochina International Iraq FZE (25%). Acquisition of this participating interest was recorded as oil and gas properties.
g. Akuisisi saham Natuna 2 B.V. g. Share acquisition of Natuna 2 B.V.
Efektif sejak tanggal 6 Desember 2013, PHE Oil and Gas (“PHE OG”) dan PTTEP
Netherlands Holding Cooperatie U.A.
mengakuisisi 23% participating interest di Natuna Sea Blok A melalui akuisisi 100% (masing-masing 50%) saham Natuna 2 B.V. dari Hess (Luxembourg) Exploration and Production Holding S.A.R.L. Pembayaran oleh Grup untuk akuisisi ini adalah senilai US$328.072.
Effective from 6 December 2013, PHE Oil and
Gas (“PHE OG”) and PTTEP Netherlands
Holding Cooperatie U.A. acquired 23% participating interest in Natuna Sea Block A through the acquisition of 100% (50% each)
shares in Natuna 2 B.V. from Hess
(Luxembourg) Exploration and Production Holding S.A.R.L. The cash outflow for this acquisition by the Group was US$328,072.
h. Akuisisi Anadarko Ambalat Limited,
Anadarko Bukat Limited dan Anadarko Indonesia Nunukan Company
h. Acquisition of Anadarko Ambalat Limited,
Anadarko Bukat Limited and Anadarko Indonesia Nunukan Company
Efektif sejak tanggal 15 Februari 2013, Grup mengakuisisi 100% modal saham Anadarko Ambalat Limited (sekarang Pertamina Hulu Energi Ambalat Limited), Anadarko Bukat Limited (sekarang Pertamina Hulu Energi Bukat Limited) dan Anadarko Indonesia Nunukan Company (sekarang Pertamina Hulu
Energi Nunukan Company) seharga
US$55.226 dari Anadarko Offshore Holding Company LLC (100%). Anadarko Ambalat Limited memiliki 33,75% participating interest di KKS Ambalat. Anadarko Bukat Limited memiliki 33,75% participating interest di KKS Bukat. Anadarko Indonesia Nunukan Company memiliki 35% participating interest di KKS Nunukan.
Effective from 15 February 2013, the Group acquired 100% of the shares of Anadarko Ambalat Limited (currently Pertamina Hulu Energi Ambalat Limited), Anadarko Bukat Limited (currently Pertamina Hulu Energi Bukat Limited) and Anadarko Indonesia Nunukan Company (currently Pertamina Hulu Energi Nunukan Company) for US$55,226 from Anadarko Offshore Holding Company LLC (100%). Anadarko Ambalat Limited holds a 33.75% participating interest in the Ambalat PSC. Anadarko Bukat Limited holds a 33.75% participating interest in the Bukat PSC. Anadarko Indonesia Nunukan Company holds a 35% participating interest in the Nunukan PSC.
4. AKUISISI DAN PENAMBAHAN PARTICIPATING INTEREST (lanjutan)
4. ACQUISITION AND ADDITION OF
PARTICIPATING INTEREST (continued)
i. Penambahan 5,0295% participating interest
PT PHE ONWJ di Blok ONWJ
i. Addition of PT PHE ONWJ’s 5.0295%
participating interest in ONWJ Block Efektif sejak tanggal 2 Mei 2013, PT PHE
ONWJ mengakuisisi 5,0295% participating interest yang dimiliki oleh Talisman Resources
ONWJ Ltd. Akuisisi ini meningkatkan
kepemilikan participating interest PT PHE ONWJ di blok ONWJ menjadi 58,2795%. Sisa masing-masing participating interest dimiliki oleh Energi Mega Persada ONWJ Ltd. sebesar 36,7205% dan Risco Energy ONWJ Ltd. sebesar 5%.
Effective from 2 May 2013, PT PHE ONWJ acquired a 5.0295% participating interest in ONWJ Block held by Talisman Resources ONWJ Ltd. The acquisition increased PT PHE
ONWJ’s participating interest in ONWJ block to
58.2795%. The remaining participating interests were held by Energi Mega Persada ONWJ Ltd. 36.7205% and Risco Energy ONWJ Ltd. 5%.
5. KAS DAN SETARA KAS 5. CASH AND CASH EQUIVALENTS
2014 2013
Kas 4,890 6,573 Cash on hand
Kas di bank 2,602,203 2,317,427 Cash in banks
Deposito berjangka 1,202,361 2,362,040 Time deposits
3,809,454 4,686,040
Rincian kas dan setara kas berdasarkan mata uang dan masing-masing bank sebagai berikut:
The details of cash and cash equivalents based on currency and by individual bank are as follows:
2014 2013
Kas: Cash on hand:
Rupiah 4,091 4,432 Rupiah
Dolar AS 685 2,105 US Dollar
Lain-lain 114 36 Others
Jumlah kas 4,890 6,573 Total cash on hand
Kas di bank Cash in banks
Dolar Amerika Serikat: US Dollar:
Entitas berelasi dengan Pemerintah Government-related entities
- PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia -
(Persero) Tbk. (BRI) 739,740 175,239 (Persero) Tbk. (BRI)
- PT Bank Mandiri (Persero) PT Bank Mandiri (Persero) -
Tbk. (Bank Mandiri) 375,602 438,374 Tbk. (Bank Mandiri)
- PT Bank Negara Indonesia PT Bank Negara Indonesia -
(Persero) Tbk. (BNI) 273,216 781,745 (Persero) Tbk. (BNI)
Pihak ketiga Third parties
- BNP Paribas 34,875 22,674 BNP Paribas -
- Citibank, N.A. 16,847 21,182 Citibank, N.A. -
- Credit Agricole Corporate & Credit Agricole Corporate & -
Investment Bank (Calyon) 11,895 1,061 Investment Bank (Calyon)
- Bank of America - 10,667 Bank of America -
- Bank-bank lain (masing-masing Other banks (each below -
dibawah US$10.000) 70,434 43,610 US$10,000)
Jumlah rekening Dolar
Amerika Serikat 1,522,609 1,494,552 Total US Dollar accounts