Aktivitas Grup terpengaruh berbagai risiko keuangan: risiko kredit dan risiko likuiditas.
Program manajemen risiko Grup secara
keseluruhan difokuskan pada pasar keuangan yang tidak dapat diprediksi dan Grup berusaha untuk meminimalkan dampak yang berpotensi merugikan kinerja keuangan Grup.
The Group’s activities are exposed to a variety of financial risks: credit risk and liquidity risk. The Group’s overall risk management programme focuses on the unpredictability of financial markets and seeks to minimize potential adverse effects on the Group’s financial performance.
Manajemen risiko merupakan tanggung jawab Direksi. Direksi bertugas menentukan prinsip dasar kebijakan manajemen risiko Grup secara keseluruhan serta kebijakan pada area tertentu.
Risk management is the responsibility of the Board of Directors (BOD). The BOD has the responsibility to determine the basic principles of the Group’s risk management as well as principles covering specific areas.
Risiko Kredit Credit Risk
Risiko kredit adalah risiko bahwa Grup akan mengalami kerugian yang timbul dari pelanggan atau pihak lawan akibat gagal memenuhi liabilitas kontraktualnya. Grup mengendalikan risiko kredit dengan cara melakukan hubungan usaha dengan pihak lain yang memiliki kredibilitas, menetapkan kebijakan verifikasi dan otorisasi kredit, serta memantau kolektibilitas piutang secara berkala untuk mengurangi jumlah piutang.
Credit risk is the risk that the Group will incur a loss arising from the customers or counterparties which fail to fulfill their contractual obligations. The Group manages and controls the credit risk by dealing only with recognized and credit worthy parties, setting internal policies on verifications and authorizations of credit, and regularly monitoring the collectibility of receivables to reduce the exposure to bad debts.
Manajemen berpendapat bahwa tidak terdapat risiko kredit yang terkonsentrasi secara signifikan.
Management believes that there are no significant concentrations of credit risk.
Grup melakukan penilaian atas kualitas kredit dari beberapa aset keuangan berikut:
Accordingly, the Company has assessed the credit quality of the following financial assets.
Kas dan setara kas dinilai memiliki peringkat baik karena ditempatkan pada bank yang bereputasi baik dan disetujui oleh Direksi serta memiliki kemungkinan insolvensi yang rendah.
Cash and cash equivalents is assessed as high grade since it is deposited in reputable banks as approved by the Directors and which have a low probability of insolvency.
Piutang usaha dan piutang lain-lain
merupakan piutang yang jatuh tempo dan dapat ditagih, dinilai memiliki peringkat baik
karena mempunyai tingkat pelunasan
ketertagihan yang tinggi berdasarkan pengalaman historis dan penagihan terakhir.
Trade accounts receivable and other
accounts receivable which pertain to receivables that are due and demandable, were assessed as high grade since these have high probability of collection through application of last billings and based on historical experience.
Selain itu, kualitas kredit yang tinggi diatas berkaitan dengan aset keuangan dengan risiko gagal bayar yang tidak signifikan berdasarkan pengalaman historis.
Further, the above high grade credit quality pertain to financial assets with insignificant risk of default based on historical experience.
Berikut adalah eksposur laporan posisi keuangan konsolidasian yang terkait risiko kredit pada tanggal 30 September 2020 dan 31 Desember 2019:
The table below shows consolidated statements of financial position exposures related to credit risk as of September 30, 2020 and as of December 31, 2019:
2020 2019
Diukur pada nilai wajar melalui laba rugi Financial assets at FVPL
Investasi jangka pendek Short term investments
- kontrak pengelolaan dana - 52.854.000.000 - fund management contract
Pinjaman yang diberikan dan piutang Loans and receivables
Kas dan setara kas 396.252.739.303 364.101.532.618 Cash and cash equivalents Piutang usaha 7.702.313.920 16.292.193.770 Trade accounts receivable Piutang lain-lain 6.241.126.156 4.522.828.912 Other accounts receivable Aset yang dibatasi pengunaannya - 310.000.000.000 Restricted assets Piutang pihak berelasi 24.368.600.000 24.368.600.000 Due from related parties Aset lain-lain 21.714.779.990 25.413.911.808 Other assets
Dimiliki hingga jatuh tempo HTM investments
Investasi jangka pendek Short term investments
- surat utang jangka menengah - - - medium term notes
Tersedia untuk dijual AFS Investments
Saham 3.810.507.200 17.377.918.120 Equity securities
Reksadana - - Mutual funds
Jumlah 460.090.066.569 814.930.985.228 Total
Risiko Likuiditas
Risiko likuiditas adalah risiko kerugian yang timbul karena Grup tidak memiliki arus kas yang cukup untuk memenuhi liabilitasnya.
Liquidity Risk
Liquidity risk is a risk arising when the cash flow position of the Group is not enough to cover the liabilities which become due.
Dalam pengelolaan risiko likuiditas, manajemen memantau dan menjaga jumlah kas dan setara kas yang dianggap memadai untuk membiayai operasional Grup dan untuk mengatasi dampak fluktuasi arus kas. Manajemen juga melakukan evaluasi berkala atas proyeksi arus kas dan arus kas aktual, termasuk jadwal jatuh tempo utang, dan terus-menerus melakukan penelaahan pasar keuangan untuk mendapatkan sumber pendanaan yang optimal.
In managing the liquidity risk, management monitors and maintains a level of cash and cash equivalents deemed adequate to finance the Group’s operations and to mitigate the effects of fluctuation in cash flows. Management also regularly evaluates the projected and actual cash flows, including loan maturity profiles, and continuously assesses conditions in the financial markets for opportunities to obtain optimal funding sources.
Berikut adalah jadwal jatuh tempo liabilitas keuangan berdasarkan pembayaran kontraktual
yang tidak didiskontokan pada tanggal
30 September 2020 dan 31 Desember 2019:
The table below summarizes the maturity profile of the Group’s financial liabilities based on contractual undiscounted payments as of September 30, 2020 and December 31, 2019: 2020
<= 1 tahun/ > 1 tahun/ Nilai Tercatat/
<= 1 Year > 1 Years As Reported
Liabilitas Other financial liabilities
Utang usaha 384.943.247.075 - 384.943.247.075 Trade accounts payable Utang lain-lain 14.244.992.171 - 14.244.992.171 Other accounts payable Beban akrual 13.493.874.040 - 13.493.874.040 Accrued expenses
Liabilitas jangka panjang Long-term liabilities:
Liabilitas sewa pembiayaan 427.248.446 2.024.555.102 2.451.803.548 Lease liabilities Setoran jaminan - 1.841.967.664 1.841.967.664 Security deposits
<= 1 tahun/ > 1 tahun/ Nilai Tercatat/
<= 1 Year > 1 Years As Reported
Liabilitas Other financial liabilities
Utang usaha 359,094,450,251 - 359,094,450,251 Trade accounts payable Utang lain-lain 21,505,532,085 - 21,505,532,085 Other accounts payable Beban akrual 8,927,262,579 - 8,927,262,579 Accrued expenses
Liabilitas jangka panjang Long-term liabilities:
Liabilitas sewa pembiayaan 2,317,893,476 2,502,088,402 4,819,981,878 Lease liabilities Setoran jaminan 2,373,737,804 - 2,373,737,804 Security deposits
Jumlah 394,218,876,195 2,502,088,402 396,720,964,597 Total
31 Desember/December 31, 2019
35. Informasi Segmen 35. Segment Information
Segmen operasi dilaporkan sesuai dengan pelaporan internal kepada pembuat keputusan operasional, yang bertanggung jawab atas alokasi sumber daya ke masing-masing segmen yang dilaporkan serta menilai kinerja masing-masing segmen tersebut. Grup memiliki tiga segmen yang dilaporkan, meliputi penjualan barang elektronik bermerek, sewa, dan lain-lain.
Operating segments are reported in accordance with the internal reporting provided to the chief operating decision maker, which is responsible for allocating resources to the reportable segments and assesses its performance. The Group has three reportable segments including sales of branded electronic goods, rents, and others.
Penjualan Barang Elektronik Bermerek/
Sales of Branded
Electronic Sewa/ Lain-lain/ Konsolidasian/
Goods Rent Others Consolidated
Consolidated Statement of Profit or
Laporan Laba Rugi dan Penghasilan Loss and Other Comprehensive
Komprehensif Lain Konsolidasian Income
Pendapatan usaha - pihak eksternal 1.042.236.990.154 50.333.454.944 4.712.265.594 1.097.282.710.692 Revenues - external parties
Beban pokok penjualan 900.043.342.060 - - 900.043.342.060 Cost of sales
Hasil segmen Segment results
Laba kotor segmen 142.193.648.094 50.333.454.944 4.712.265.594 197.239.368.632 Segment gross profit Beban umum dan administrasi 159.846.357.027 69.263.817.102 10.437.019.455 239.547.193.584 Operating expenses
Pendapatan lain-lain - bersih - - 17.930.839.480 17.930.839.480 Other income - net
Rugi sebelum pajak (17.652.708.934) (18.930.362.158) 12.206.085.619 (24.376.985.472) Loss before tax
Manfaat pajak Tax benefit
Rugi bersih (24.376.985.472) Loss for the year
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian Financial Position
Aset Assets
Aset segmen 202.655.996.043 52.370.488.172 1.491.379.764.936 1.746.406.249.150 Segment assets
Aset yang tidak dapat dialokasikan Unallocated liabilities
Pajak dibayar dimuka - - - 20.611.930.966 prepaid taxes
Aset pajak tangguhan - - - 13.970.125.866 Deferred tax assets
Jumlah 202.655.996.043 52.370.488.172 1.491.379.764.936 1.780.988.305.982 Total
Liabilitas Liabilities
Liabilitas segmen 384.943.247.075 13.493.874.040 93.004.814.172 491.441.935.287 Segment liabilities
Informasi lainnya Other information
Penyusutan 23.989.697.441 - - 23.989.697.441 Depreciation
*) tidak termasuk utang pajak/excluding taxes payable
Penjualan Barang Elektronik Bermerek/
Sales of Branded
Electronic Sewa/ Lain-lain/ Konsolidasian/
Goods Rent Others Consolidated
Consolidated Statement of Profit or
Laporan Laba Rugi dan Penghasilan Loss and Other Comprehensive
Komprehensif Lain Konsolidasian Income
Pendapatan usaha - pihak eksternal 1.476.792.888.159 70.748.901.325 16.060.980.215 1.563.602.769.699 Revenues - external parties Beban pokok penjualan 1.317.996.218.276 - - 1.317.996.218.276 Cost of sales
Hasil segmen Segment results
Laba kotor segmen 158.796.669.883 70.748.901.325 16.060.980.215 245.606.551.423 Segment gross profit
Beban umum dan administrasi 170.322.426.450 68.471.343.415 15.847.523.107 254.641.292.972 Operating expenses Pendapatan lain-lain - bersih - - 35.539.775.445 35.539.775.445 Other income - net
Rugi sebelum pajak (11.525.756.567) 2.277.557.910 35.753.232.553 26.505.033.896 Loss before tax
Manfaat pajak Tax benefit
Rugi bersih 26.505.033.896 Loss for the year
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian Financial Position
Aset Assets
Aset segmen 1.142.984.321.451 57.768.882.402 699.730.347.334 1.900.483.551.187 Segment assets
Aset yang tidak dapat dialokasikan Unallocated liabilities
Pajak dibayar dimuka - - - 33.553.621.642 Prepaid taxes Aset pajak tangguhan - - - 12.152.005.365 Deferred tax assets
Jumlah 1.142.984.321.451 57.768.882.402 699.730.347.334 1.946.189.178.194 Total
Liabilitas Liabilities
Liabilitas segmen *) 180.210.407.842 2.359.922.604 - 182.570.330.446 Segment liabilities
Informasi lainnya Other information
Penyusutan 20.388.000.739 - - 20.388.000.739 Depreciation
*) tidak termasuk utang pajak/excluding taxes payable
2019
36. Aset dan Liabilitas Moneter Bersih dalam Mata