LPG Reinery
APPROVAL OF CONSOLIDATED FINANCIAL STATEMENTS
subsidiaries were accounted for using cost method.
38. TANGGUNG JAWAB MANAJEMEN DAN
PERSETUJUAN ATAS LAPORAN KEUANGAN
KONSOLIDASIAN
38. MANAGEMENT RESPONSIBILITY AND
APPROVAL OF CONSOLIDATED FINANCIAL STATEMENTS
Penyusunan dan penyajian wajar laporan keuangan konsolidasian dari halaman 4 sampai 64 merupakan tanggung jawab manejemen, dan telah disetujui oleh Direktur untuk diterbitkan pada tanggal 25 Maret 2015.
The preparation and fair presentation of the consolidated financial statements on pages 4 to 64 were the responsibilities of the management, and were approved by the Directors and authorized for issue on March 25, 2015.
US$ US$
ASET ASSETS
ASET LANCAR CURRENT ASSETS Kas dan setara kas 6.956.802 34.847.654 Cash and cash equivalents
Piutang usaha kepada pihak ketiga 8.491.895 5.013.394 Trade accounts receivable from third parties Piutang lain-lain Other accounts receivable
Pihak berelasi 43.442.193 29.045.555 Related parties Pihak ketiga 560.383 446.096 Third parties Persediaan 977.343 910.047 Inventories Pajak dibayar dimuka 3.368.412 791.422 Prepaid taxes Biaya dibayar dimuka 134.215 803.917 Prepaid expenses Jumlah Aset Lancar 63.931.243 71.858.085 Total Current Assets ASET TIDAK LANCAR NONCURRENT ASSETS
Uang muka pembelian aset tetap - 3.969.120 Advance for purchase of property, plant and equipment Investasi pada entitas anak 48.136.667 31.470.000 Investment in subsidiaries
Aset tetap - setelah dikurangi akumulasi Property, plant and equipment - net of
penyusutan sebesar US$ 21.072.602 tahun 2014 accumulated depreciation of US$ 21,072,602 in 2014 dan US$ 17.298.499 tahun 2013 33.074.013 15.181.400 and US$ 17,298,499 in 2013
Aset pajak tangguhan 379.062 271.046 Deferred tax assets Aset lain-lain 6.840 20.287 Other asset
Jumlah Aset Tidak Lancar 81.596.582 50.911.853 Total Noncurrent Assets JUMLAH ASET 145.527.825 122.769.938 TOTAL ASSETS
LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Utang usaha Trade accounts payable
Pihak berelasi 1.222.188 1.645.102 Related party Pihak ketiga 363.414 728.967 Third parties Utang pajak 42.856 1.515.033 Taxes payable Biaya yang masih harus dibayar 3.727.496 2.699.436 Accrued expenses Utang bank - jangka panjang yang jatuh tempo
dalam satu tahun 8.490.318 6.368.670 Current maturities of long-term bank loans Jumlah Liabilitas Jangka Pendek 13.846.272 12.957.208 Total Current Liabilities
LIABILITAS JANGKA PANJANG NONCURRENT LIABILITY Utang bank - jangka panjang - setelah dikurangi Long-term bank loans net of current
bagian yang jatuh tempo dalam satu tahun 22.428.482 13.644.043 maturities
Liabilitas imbalan pasca kerja 1.014.422 868.636 Employee benefits obligation Jumlah Liabilitas Jangka Panjang 23.442.904 14.512.679 Total Noncurrent Liabilities Jumlah Liabilitas 37.289.176 27.469.887 Total 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 2014 dan 2013 12.022.392 12.022.392 shares in 2014 and 2013 Tambahan modal disetor 46.234.306 46.234.306 Additional paid-in capital Saldo laba 49.981.951 37.043.353 Retained earnings Jumlah Ekuitas 108.238.649 95.300.051 Total Equity
JUMLAH LIABILITAS DAN EKUITAS 145.527.825 122.769.938 TOTAL LIABILITIES AND EQUITY *)
2014 2013
US$ US$
PENDAPATAN 39.933.037 42.243.986 REVENUES
BEBAN POKOK PENDAPATAN 14.630.624 15.099.133 COST OF REVENUES
LABA KOTOR 25.302.413 27.144.853 GROSS PROFIT
Beban penjualan (331.511) (277.663) Selling expenses
Beban umum dan administrasi (8.781.874) (7.092.201) General and administration expenses
Penghasilan bunga 291.775 300.601 Interest income
Beban keuangan (1.678.799) (1.251.676) Finance cost
Keuntungan dan kerugian lain-lain - bersih 1.516.800 2.168.260 Other gains and losses - net
LABA SEBELUM PAJAK 16.318.804 20.992.174 INCOME BEFORE TAX
BEBAN PAJAK - BERSIH (3.380.206) (5.360.247) TAX EXPENSE - NET
LABA BERSIH TAHUN BERJALAN 12.938.598 15.631.927 NET INCOME FOR THE YEAR
JUMLAH LABA KOMPREHENSIF TOTAL COMPREHENSIVE INCOME
TAHUN BERJALAN 12.938.598 15.631.927 FOR THE YEAR
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 2013 11.167.691 21.460.807 21.411.426 54.039.924 Balance as of January 1, 2013 Penambahan modal disetor
tanpa hak memesan terlebih Shares issued without dahulu 854.701 24.773.499 - 25.628.200 pre-emptive rights Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - 15.631.927 15.631.927 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 Jumlah laba komprehensif Total comprehensive income
tahun berjalan - - 12.938.598 12.938.598 for the year
Saldo per 31 Desember 2014 12.022.392 46.234.306 49.981.951 108.238.649 Balance as of December 31, 2014 *) Disajikan menggunakan metode biaya *) Presented using cost method
2014 2013 US$ US$
ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES Penerimaan kas dari pelanggan 36.454.536 41.742.799 Cash receipts from customers
Pembayaran kas kepada pemasok dan karyawan (25.081.411) (19.600.623) Cash paid to suppliers and employees Kas dihasilkan dari operasi 11.373.125 22.142.176 Cash generated from operations Pembayaran beban keuangan (827.803) (1.059.633) Finance charges paid
Pembayaran pajak penghasilan (4.870.671) (4.419.764) Income tax paid
Kas Bersih Diperoleh dari Aktivitas Operasi 5.674.651 16.662.779 Net Cash Provided by Operating Activities ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES Piutang lain-lain kepada entitas anak (14.396.638) (6.007.999) Other receivable from subsidiaries
Payment of advance for purchase of Pembayaran uang muka pembelian aset tetap - (3.969.120) property, plant and equipment Penerimaan bunga 291.775 300.601 Interest received
Hasil penjualan aset tetap 17.162 5.626 Proceeds from disposal of property, plant and equipment Perolehan aset tetap (22.668.498) (2.726.798) Acquisition of property, plant and equipment
Kas Bersih Digunakan untuk Aktivitas Investasi (36.756.199) (12.397.690) Net Cash Used in Investing Activities
ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES Penerimaan dari utang bank 20.000.000 - Proceeds from bank loans
Pembayaran utang bank (16.809.304) (6.221.605) 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 3.190.696 19.406.595 Financing Activities
(PENURUNAN) KENAIKAN BERSIH KAS DAN NET (DECREASE) INCREASE IN CASH AND SETARA KAS (27.890.852) 23.671.684 CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL TAHUN 34.847.654 11.175.970 CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR KAS DAN SETARA KAS AKHIR TAHUN 6.956.802 34.847.654 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 31/12/2014 31/12/2013
US$ US$ PT SEPCHEM Jakarta Jasa konsultasi 99,99% Dormant 19.360.987 2.486.065
bisnis dan manajemen/
Management and business consulting services
PT Panca Amara Utama (PAU) Jakarta Pengoperasian 59,98% Belum beroperasi/ 64.720.942 33.049.821 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