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.
peringkat baik karena ditempatkan pada bank yang bereputasi baik dan disetujui oleh Direksi serta memiliki kemungkinan insolvensi yang rendah.
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 31 Maret 2019 dan 31 Desember 2018:
The table below shows consolidated statements of financial position exposures related to credit risk as of March 31, 2019 and as of December 31, 2018:
2019 2018
Dimiliki hingga jatuh tempo HTM investements
Investasi jangka pendek Short term investments
- surat utang jangka menengah 20.000.000.000 - medium term notes
Tersedia untuk dijual AFS Invsetments
Saham 14.103.239.350 14.103.239.350 Equity securities Reksa dana 48.409.202.213 48.409.202.213 Mutual funds
Pinjaman yang diberikan dan piutang Loans and receivables
Kas dan setara kas 437.093.838.510 472.684.115.195 Cash and cash equivalents Piutang usaha 25.253.137.637 17.215.131.170 Trade accounts receivable Piutang lain-lain 14.753.798.220 9.661.321.540 Other accounts receivable Aset lain-lain 25.843.639.768 24.145.608.434 Other assets
Jumlah 502.944.414.135 523.706.176.339 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
31 Maret 2019 dan 31 Desember 2018:
The table below summarizes the maturity profile of the Group’s financial liabilities based on contractual undiscounted payments as of March 31, 2019 and December 31, 2018:
2019
<= 1 tahun/ > 1 tahun/ Nilai Tercatat/
<= 1 Year > 1 Years As Reported
Liabilitas Other financial liabilities
Utang usaha 132.558.745.115 - 132.558.745.115 Trade accounts payable
Utang lain-lain 5.800.172.279 - 5.800.172.279 Other accounts payable
Beban akrual 12.312.505.975 - 12.312.505.975 Accrued expenses
Liabilitas jangka panjang Long-term liabilities:
Liabilitas sewa pembiayaan 1.146.862.423 2.611.261.696 3.758.124.119 Lease liabilities Setoran jaminan - 2.316.896.058 2.316.896.058 Security deposits
Jumlah 151.818.285.792 4.928.157.754 156.746.443.546 Total
2018
<= 1 tahun/ > 1 tahun/ Nilai Tercatat/
<= 1 Year > 1 Years As Reported
Liabilitas Other financial liabilities
Utang usaha 124.235.230.036 - 124.235.230.036 Trade accounts payable
Utang lain-lain 9.415.870.494 - 9.415.870.494 Other accounts payable
Beban akrual 7.494.519.940 - 7.494.519.940 Accrued expenses
Liabilitas jangka panjang Long-term liabilities:
Liabilitas sewa pembiayaan 1.585.799.411 2.368.261.696 3.954.061.107 Lease liabilities
Setoran jaminan - 2.298.974.808 2.298.974.808 Security deposits
Jumlah 142.731.419.881 4.667.236.504 147.398.656.385 Total
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 474.716.743.806 22.790.456.630 9.626.372.247 507.133.572.683 Revenues - external parties
Beban pokok penjualan 430.730.113.055 - - 430.730.113.055 Cost of sales
Hasil segmen Segment results
Laba kotor segmen 43.986.630.751 22.790.456.630 9.626.372.247 76.403.459.628 Segment gross profit
Beban umum dan administrasi 52.272.394.345 21.409.080.098 10.674.589.331 84.356.063.774 Operating expenses
Pendapatan lain-lain - bersih - - 13.181.972.712 13.181.972.712 Other income - net
Rugi sebelum pajak (8.285.763.594) 1.381.376.532 12.133.755.628 5.229.368.566 Loss before tax
Manfaat pajak Tax benefit
Rugi bersih 5.229.368.566 Loss for the year
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian Financial Position
Aset Assets
Aset segmen 14.753.798.220 65.139.446.000 1.845.231.294.366 1.925.124.538.586 Segment assets
Aset yang tidak dapat dialokasikan Unallocated liabilities
Pajak dibayar dimuka - - - 29.721.508.032 prepaid taxes
Aset pajak tangguhan - - - 12.152.005.365 Deferred tax assets
Jumlah 14.753.798.220 65.139.446.000 1.845.231.294.366 1.966.998.051.983 Total
Liabilitas Liabilities
Liabilitas segmen 131.986.870.110 74.360.835.997 - 206.347.706.107 Segment liabilities
Informasi lainnya Other information
Penyusutan 6.554.356.068 - - 6.554.356.068 Depreciation
*) tidak termasuk utang pajak/excluding taxes payable
2019
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 422.818.409.411 18.839.587.017 4.181.041.676 445.839.038.104 Revenues - external parties
Beban pokok penjualan 383.237.554.240 - - 383.237.554.240 Cost of sales
Hasil segmen Segment results
Laba kotor segmen 39.580.855.171 18.839.587.017 4.181.041.676 62.601.483.864 Segment gross profit
Beban umum dan administrasi 47.579.846.807 20.752.530.603 1.906.812.012 70.239.189.422 Operating expenses
Pendapatan lain-lain - bersih - - 11.241.275.967 11.241.275.967 Other income - net
Rugi sebelum pajak (7.998.991.636) (1.912.943.586) 13.515.505.631 3.603.570.409 Loss before tax
Manfaat pajak Tax benefit
Rugi bersih 3.603.570.409 Loss for the year
Laporan Posisi Keuangan Consolidated Statement of
Konsolidasian Financial Position
Aset Assets
Aset segmen 1.712.419.774.647 34.991.413.703 126.169.822.735 1.873.581.011.085 Segment assets
Aset yang tidak dapat dialokasikan Unallocated liabilities
Pajak dibayar dimuka - - - 41.224.153.609 prepaid taxes
Aset pajak tangguhan - - - 9.907.704.365 Deferred tax assets
Jumlah 1.712.419.774.647 34.991.413.703 126.169.822.735 1.924.712.869.059 Total
Liabilitas Liabilities
Liabilitas segmen 147.410.367.746 58.434.371.520 - 205.844.739.266 Segment liabilities
Informasi lainnya Other information
Penyusutan 8.099.334.981 - - 8.099.334.981 Depreciation
36. Aset dan Liabilitas Moneter Bersih dalam