DAN LAPORAN AUDITOR INDEPENDEN/ AND INDEPENDENT AUDITORS’ REPORT
APPROVAL OF CONSOLIDATED FINANCIAL STATEMENTS
Penyusunan dan penyajian wajar laporan keuangan konsolidasian dari halaman 3 sampai 63 dan informasi tambahan dari halaman 64 sampai 68 merupakan tanggung jawab manejemen, dan telah disetujui oleh Direktur untuk diterbitkan pada tanggal 25 Maret 2014.
The preparation and fair presentation of the consolidated financial statements on pages 3 to 63 and the supplementary information on pages 64 to 68 were the responsibilities of the management, and were approved by the Directors and authorized for issue on March 25, 2014.
31/12/2013 31/12/2012 US$ US$
ASET ASSETS
ASET LANCAR CURRENT ASSETS Kas dan setara kas 34.847.654 11.175.970 Cash and cash equivalents
Piutang usaha kepada pihak ketiga 5.013.394 4.512.207 Trade accounts receivable from third parties Piutang lain-lain Other accounts receivable
Pihak berelasi 29.045.555 23.037.556 Related parties Pihak ketiga 446.096 274.402 Third parties Persediaan 910.047 895.427 Inventories Pajak Pertambahan Nilai
dibayar dimuka 791.422 511.420 Prepaid Value Added Tax Biaya dibayar dimuka 803.917 150.786 Prepaid expenses Jumlah Aset Lancar 71.858.085 40.557.768 Total Current Assets ASET TIDAK LANCAR NONCURRENT ASSETS
Uang muka pembelian aset tetap 3.969.120 1.475.147 Advance for purchase of property, plant and equipment Investasi pada entitas anak 31.470.000 31.470.000 Investment in subsidiaries
Aset tetap - setelah dikurangi akumulasi Property, plant and equipment - net of
penyusutan sebesar US$ 17.298.499 tahun 2013 accumulated depreciation of US$ 17,298,499 in 2013 dan US$ 14.392.643 tahun 2012 15.181.400 9.357.549 and US$ 14,392,643 in 2012
Aset pajak tangguhan 271.046 244.793 Deferred tax assets Aset lain-lain 20.287 25.565 Other asset
Jumlah Aset Tidak Lancar 50.911.853 42.573.054 Total Noncurrent Assets JUMLAH ASET 122.769.938 83.130.822 TOTAL ASSETS
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Utang usaha Trade accounts payable
Pihak berelasi 1.645.102 2.853.967 Related party Pihak ketiga 728.967 102.617 Third parties Utang pajak 1.515.033 604.883 Taxes payable Beban akrual 2.699.436 2.696.874 Accrued expenses Utang bank - setelah dikurangi Bank loans - net of
bagian jangka panjang 6.368.670 5.960.000 long-term portion Jumlah Liabilitas Jangka Pendek 12.957.208 12.218.341 Total Current Liabilities LIABILITAS JANGKA PANJANG NONCURRENT LIABILITY Utang bank - jangka panjang 13.644.043 16.110.000 Long-term bank loans Liabilitas imbalan kerja 868.636 762.557 Employee benefit liability Jumlah Liabilitas Jangka Panjang 14.512.679 16.872.557 Total Noncurrent Liabilities
EKUITAS EQUITY
Modal saham - nilai nominal Rp 100 per saham Capital stock - Rp 100 par value per share Modal dasar - 2.200.000.000 saham Authorized - 2,200,000,000 shares Modal ditempatkan dan disetor - 1.100.000.000 saham Subscribed and paid-up - 1,100,000,000
tahun 2013 dan 1.000.000.000 saham tahun 2012 12.022.392 11.167.691 shares in 2013 and 1,000,000,000 shares in 2012 Tambahan modal disetor 46.234.306 21.460.807 Additional paid-in capital
Saldo laba 37.043.353 21.411.426 Retained earnings Jumlah Ekuitas 95.300.051 54.039.924 Total Equity
JUMLAH LIABILITAS DAN EKUITAS 122.769.938 83.130.822 TOTAL LIABILITIES AND EQUITY
31 DESEMBER 2013 DAN 2012 DECEMBER 31, 2013 AND 2012
2013 2012 US$ US$
PENDAPATAN 42.243.986 39.505.149 REVENUES
BEBAN POKOK PENDAPATAN 15.099.133 14.496.420 COST OF REVENUES LABA KOTOR 27.144.853 25.008.729 GROSS PROFIT Beban penjualan (277.663) (817.975) Selling expenses
Beban umum dan administrasi (7.092.201) (8.200.503) General and administration expenses Penghasilan bunga 300.601 484.317 Interest income
Beban keuangan (1.251.676) (1.193.350) Finance cost
Keuntungan dan kerugian lain-lain - bersih 2.168.260 (299.294) Other gains and losses - net LABA SEBELUM PAJAK 20.992.174 14.981.924 INCOME BEFORE TAX BEBAN PAJAK - BERSIH (5.360.247) (3.894.300) TAX EXPENSE - NET LABA BERSIH 15.631.927 11.087.624 NET INCOME
JUMLAH LABA KOMPREHENSIF 15.631.927 11.087.624 TOTAL COMPREHENSIVE INCOME
*) Disajikan menggunakan metode biaya *) Presented using cost method
Tambahan modal Modal disetor/ disetor/ Additional
Paid-up paid-in Saldo laba/ Jumlah ekuitas/
capital stock capital retained earnings Total equity
US$ US$ US$ US$
Saldo per 1 Januari 2012 6.179.885 - 10.323.802 16.503.687 Balance as of January 1, 2012 Penambahan modal disetor
melalui penawaran saham Shares issued through initial perdana 2.771.003 12.638.992 - 15.409.995 public offering
Penambahan modal disetor Addition to paid-up capital through melalui konversi obligasi conversion of mandatory wajib konversi 2.216.803 8.821.815 - 11.038.618 convertible bonds
Laba komprehensif tahun berjalan - - 11.087.624 11.087.624 Comprehensive income for the year Saldo per 31 Desember 2012 11.167.691 21.460.807 21.411.426 54.039.924 Balance as of December 31, 2012 Penambahan modal disetor
tanpa hak memesan terlebih Shares issued without dahulu 854.701 24.773.499 - 25.628.200 pre-emptive rights
Laba komprehensif tahun berjalan - - 15.631.927 15.631.927 Comprehensive income for the year Saldo per 31 Desember 2013 12.022.392 46.234.306 37.043.353 95.300.051 Balance as of December 31, 2013 *) Disajikan menggunakan metode biaya *) Presented using cost method
2013 2012 US$ US$
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES Penerimaan kas dari pelanggan 41.742.799 37.126.410 Cash receipts from customers
Pembayaran kas kepada pemasok dan karyawan (19.600.623) (16.221.425) Cash paid to suppliers and employees Kas dihasilkan dari operasi 22.142.176 20.904.985 Cash generated from operations Pembayaran beban keuangan (1.059.633) (1.193.350) Finance charges paid
Pembayaran pajak penghasilan (4.419.764) (4.705.459) Income tax paid
Kas Bersih Diperoleh dari Aktivitas Operasi 16.662.779 15.006.176 Net Cash Provided by Operating Activities ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES Piutang lain-lain kepada entitas anak (6.007.999) (22.731.833) Other receivable from subsidiaries
Payment of advance for purchase of Pembayaran uang muka pembelian aset tetap (3.969.120) (1.475.147) property, plant and equipment Penerimaan bunga 300.601 484.317 Interest received
Hasil penjualan aset tetap 5.626 13.604 Proceeds from disposal of property, plant and equipment Perolehan aset tetap (2.726.798) (661.520) Acquisition of property, plant and equipment
Kas Bersih Digunakan untuk Aktivitas Investasi (12.397.690) (24.370.579) Net Cash Used in Investing Activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES Penerimaan dari hasil penjualan saham perdana - 15.081.334 Proceeds from initial public offering of shares Pembayaran utang bank (6.221.605) (15.300.000) Payment of bank loans
Penerimaan dari hasil penerbitan saham baru
Tanpa Hak Memesan Terlebih Dahulu 25.628.200 - Proceeds from shares issued without pre-emptive rights Kas Bersih Diperoleh dari (Digunakan untuk) Net Cash Provided by (Used in)
Aktivitas Pendanaan 19.406.595 (218.666) Financing Activities
KENAIKAN (PENURUNAN) BERSIH KAS DAN NET INCREASE (DECREASE) IN CASH AND SETARA KAS 23.671.684 (9.583.069) CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL TAHUN 11.175.970 20.759.039 CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR KAS DAN SETARA KAS AKHIR TAHUN 34.847.654 11.175.970 CASH AND CASH EQUIVALENTS AT END OF YEAR
*) Disajikan menggunakan metode biaya *) Presented using cost method
Tahun Operasi Persentase Komersial/ Jenis Usaha/ Kepemilikan/ Start of
Domisili/ Nature of Percentage of Commercial
Domicile business Ownership Operations 31/12/2013 31/12/2012
US$ US$ PT SEPCHEM Jakarta Jasa konsultasi 99,95% 2002 2.486.065 2.486.208
bisnis dan manajemen/
Management and business consulting services
PT Panca Amara Utama (PAU) Jakarta Pengoperasian 59,98% Belum beroperasi/ 33.049.821 27.996.601 Dimiliki secara langsung pabrik ammonia/ Not yet operational
sebesar 10% dan tidak langsung Operates
melalui PT SEPCHEM sebesar 50% / ammonia plant owned directly by 10% and indirectly
through PT SEPCHEM by 50%
*) Disajikan menggunakan metode biaya *) Presented using cost method Jumlah Aset Sebelum
Eliminasi/Total Assets Before Elimination
Entitas Anak/Subsidiaries