Dalam menjalankan kegiatan usahanya, Entitas Anak melakukan transaksi-transaksi dengan pihak-pihak tertentu yang berelasi sebagai berikut:
33. NATURE OF RELATIONSHIPS, BALANCES AND TRANSACTIONS WITH RELATED PARTIES
In carrying out its business activities, the Subsidiaries entered into certain transactions with related parties as follows:
Pihak Berelasi/ Sifat Hubungan/ Sifat Transaksi/
Related Party Nature of Relationship Nature of Transaction Citra Maja Raya Jo, PT Citra Mitra Puspita
dan/and PT Eatertainment Indonesia
Mitra Usaha/
Business Partner
Pemberian Pinjaman dan Piutang/Loan and Receivable PT Bank Victoria International Tbk,
PT Victoria Insurance, PT Victoria Manajemen Investasi, PT Victoria Sekuritas Indonesia Tbk, PT Victoria Investama, PT Victoria Alife Indonesia dan/and
PT Bank Victoria Syariah
Pemegang Saham merupakan salah satu pengurus Victoria Grup/
Shareholders are one of Victoria Group’s Management
Bank, Utang Bank, Deposito, Investasi dan Sewa Menyewa/ Bank, Bank Loan, Time Deposits, Invesments and Rental
Saldo dan transaksi-transaksi kepada/dari pihak berelasi adalah sebagai berikut:
Balances and transactions to/from related parties are as follows:
30 September / 31 Desember / 30 September / 31 Desember /
September 30 December 31, September 30 December 31,
2020 2 0 1 9 2020 2 0 1 9
Bank Bank
PT Bank Victoria International Tbk 0.43% 0.36% 9,209,230,279 7,756,404,395 PT Bank Victoria International Tbk PT Bank Victoria Syariah 0.00% 0.00% 79,545,300 97,328,973 PT Bank Victoria Syariah
Total 9,288,775,579 7,853,733,368 Total
Deposito Time Deposits
PT Bank Victoria International Tbk 1.75% 0.63% 37,746,156,786 13,756,735,043 PT Bank Victoria International Tbk PT Bank Victoria Syariah 1.21% 1.64% 26,100,000,000 35,800,000,000 PT Bank Victoria Syariah
Total 63,846,156,786 49,556,735,043 Total
Piutang Usaha Trade Receivables
PT Citra Mitra Puspita 0.08% 0.10% 1,685,712,667 2,160,734,759 PT Citra Mitra Puspita PT Bank Victoria International Tbk 0.05% 0.04% 1,122,500,000 863,720,000 PT Bank Victoria International Tbk PT Bank Victoria Syariah 0.04% 0.04% 793,410,000 821,960,107 PT Bank Victoria Syariah PT Victoria Sekuritas Indonesia Tbk 0.01% 0.01% 252,630,000 260,005,000 PT Victoria Sekuritas Indonesia Tbk PT Victoria Investama Tbk 0.01% 0.00% 156,415,000 - PT Victoria Investama Tbk PT Victoria Manajemen Investasi 0.00% 0.01% 69,300,000 211,950,000 PT Victoria Manajemen Investasi PT Victoria Insurance Tbk 0.00% 0.00% 3,650,000 - PT Victoria Insurance Tbk PT Victoria Alife Indonesia 0.00% 0.00% - 6,725,000 PT Victoria Alife Indonesia
Total 4,083,617,667 4,325,094,866 Total
Piutang Lain-lain Others Receivables
PT Eatertainment Indonesia 0.03% 0.00% 612,500,000 - PT Eatertainment Indonesia PT Bank Victoria International Tbk 0.01% 0.00% 198,482,325 27,799,726 PT Bank Victoria International Tbk
Total 810,982,325 27,799,726 Total
Aset Keuangan Tersedia untuk Dijual Available for Sale Financial Assets
PT Bank Victoria International Tbk 0.44% 0.30% 9,426,712,500 6,567,750,000 PT Bank Victoria International Tbk
Total 9,426,712,500 6,567,750,000 Total
Total /Amounts Persentase terhadap Total Liabilitas/Aset/
Percentage to Total Liabilities /Assets
33. SIFAT HUBUNGAN, SALDO DAN TRANSAKSI DENGAN PIHAK BERELASI (Lanjutan)
33. NATURE OF RELATIONSHIP, BALANCES AND TRANSACTIONS WITH RELATED PARTIES (Continued)
30 September / 31 Desember / 30 September / 31 Desember /
September 30 December 31, September 30 December 31,
2020 2 0 1 9 2020 2 0 1 9
Utang Bank Bank Loans
PT Bank Victoria International Tbk 4.91% 4.88% 47,806,418,174 51,940,568,349 PT Bank Victoria International Tbk
Utang Lain-lain Other Payables
PT Citra Mitra Puspita 0.03% 1.23% 286,243,142 13,093,851,613 PT Citra Mitra Puspita
Individu Manajemen Kunci: Key Management Personnel:
Benny Tjokrosaputro 0.00% 0.06% - 631,176,942 Benny Tjokrosaputro
Total 286,243,142 13,725,028,555 Total
Pendapatan Diterima di Muka Unearned Revenue
PT Bank Victoria International Tbk 0.20% 0.19% 1,940,803,332 1,991,565,832 PT Bank Victoria International Tbk
PT Bank Victoria Syariah 0.09% 0.08% 902,351,933 809,493,333 PT Bank Victoria Syariah
PT Victoria Insurance Tbk 0.03% 0.03% 272,160,000 311,010,000 PT Victoria Insurance Tbk PT Victoria Sekuritas Indonesia 0.02% 0.01% 150,375,000 102,255,000 PT Victoria Sekuritas Indonesia PT Victoria Alife Indonesia 0.01% 0.01% 138,375,000 147,784,500 PT Victoria Alife Indonesia PT Victoria Investama Tbk 0.01% 0.01% 93,000,000 150,375,000 PT Victoria Investama Tbk PT Victoria Manajemen Investasi 0.00% 0.01% 41,250,000 123,750,000 PT Victoria Manajemen Investasi
Total 3,538,315,265 3,636,233,665 Total
Setoran Jaminan Penyewa Rental Guarantee Deposits
PT Bank Victoria International Tbk 0.21% 0.19% 2,058,335,000 2,039,585,000 PT Bank Victoria International Tbk
PT Bank Victoria Syariah 0.07% 0.02% 716,757,450 201,462,450 PT Bank Victoria Syariah
PT Victoria Insurance Tbk 0.03% 0.05% 267,720,000 505,700,000 PT Victoria Insurance Tbk PT Victoria Sekuritas Indonesia 0.03% 0.02% 257,085,000 257,085,000 PT Victoria Sekuritas Indonesia PT Victoria Alife Indonesia 0.02% 0.02% 234,615,000 234,615,000 PT Victoria Alife Indonesia PT Victoria Manajemen Investasi 0.02% 0.02% 208,050,000 208,050,000 PT Victoria Manajemen Investasi PT Victoria Investama Tbk 0.02% 0.01% 152,580,000 152,580,000 PT Victoria Investama Tbk
Total 3,895,142,450 3,599,077,450 Total
Pendapatan Income
PT Bank Victoria International Tbk 1.89% 18.63% 6,378,797,727 6,058,901,739 PT Bank Victoria International Tbk
PT Bank Victoria Syariah 0.89% 10.95% 2,994,301,324 3,561,190,100 PT Bank Victoria Syariah
PT Victoria Insurance Tbk 0.28% 2.76% 944,957,325 897,208,163 PT Victoria Insurance Tbk PT Victoria Sekuritas Indonesia 0.13% 1.28% 451,125,000 416,910,645 PT Victoria Sekuritas Indonesia PT Victoria Alife Indonesia 0.12% 0.84% 415,125,000 273,023,613 PT Victoria Alife Indonesia PT Victoria Manajemen Investasi 0.11% 1.06% 371,250,000 343,093,548 PT Victoria Manajemen Investasi PT Victoria Investama Tbk 0.08% 0.79% 279,000,000 257,840,000 PT Victoria Investama Tbk
Total 11,834,556,376 11,808,167,808 Total
Persentase terhadap Total Liabilitas/Aset/
Percentage to Total Liabilities /Assets Total /Amounts
Untuk tahun yang berakhir pada tanggal 30 September 2020 dan 31 Desember 2019, jumlah beban kompensasi bruto bagi manajemen kunci Grup adalah sebagai berikut:
For the years ended September 30, 2020 and December 31, 2019, the amount of gross compensation for key management of the Group is as follows:
30 September 31 Desember /
September 30, December 31,
2020 2 0 1 9
Imbalan Kerja Jangka Pendek 1,872,311,000 7,550,754,778 Short-term Employee Benefits Imbalan Pascakerja - 374,261,991 Post-Employment Benefits
Total 1,872,311,000 7,925,016,769 Total
34. SEGMEN OPERASI
Untuk tujuan manajemen, usaha Grup dikelompokkan berdasarkan sifat usaha dan
34. OPERATING SEGMENTS
For management purposes, the Group’s businesses are grouped into nature of business
121 34. SEGMEN OPERASI (Lanjutan)
Informasi segmen operasi Grup pada tanggal 30 September 2020 dan 31 Desember 2019 adalah sebagai berikut:
34. OPERATING SEGMENTS (Continued)
The Group’s operating segment information in September 30, 2020 and December 31, 2019 is as follows:
Sifat Usaha Nature of Business
30 September / 30 September /
September 30, September 30,
2020 2 0 1 9
Pendapatan Usaha Revenues
Real Estat 412,542,610,440 41,653,907,575 Real Estate
Kantor 43,063,421,047 46,593,328,180 Property
Mal 9,848,849,652 17,343,440,922 Mall
Hotel 10,613,561,885 40,745,513,589 Hotel
T o t a l 476,068,443,024 146,336,190,265 T o t a l
Total Laba Komprehensif Total Comprehensive Income
Real Estat 127,912,799,005 (2,165,537,632) Real Estate
Kantor 5,294,656,532 12,690,330,446 Property
Mal (38,527,201,691) (33,827,644,512) Mall
Hotel (16,238,500,224) (2,555,379,045) Hotel
T o t a l 78,441,753,621 (25,858,230,743) T o t a l
Aset Assets
Real Estat 891,129,611,047 960,925,038,231 Real Estate
Kantor 743,703,951,135 708,534,200,213 Property
Mal 347,680,777,042 366,738,809,319 Mall
Hotel 160,648,007,650 184,266,862,868 Hotel
T o t a l 2,143,162,346,874 2,220,464,910,631 T o t a l
Segment Geografis Geographical Segment
30 September / 30 September /
September 30, September 30,
2020 2 0 1 9
Pendapatan Usaha Revenues
Jakarta 42,158,966,326 47,169,591,498 Jakarta
Manado 9,848,849,652 17,343,440,922 Manado
Bali 11,518,016,606 40,169,250,271 Bali
Banten 412,542,610,440 41,653,907,575 Banten
Total 476,068,443,024 146,336,190,265 Total
Total Laba (Rugi) Komprehensif Total Comprehensive Income (Loss)
Jakarta 132,522,707,692 10,569,156,586 Jakarta
Manado (38,527,201,691) (33,827,644,512) Manado
Bali (15,466,362,102) (2,555,379,045) Bali
Lain-lain (87,390,278) (44,363,772) Others Total 78,441,753,621 (25,858,230,743) Total
Aset Assets
Jakarta 1,670,530,758,976 1,669,451,811,913 Jakarta
Manado 347,680,777,043 366,738,809,319 Manado
Bali 124,942,912,471 184,266,862,868 Bali
Lain-lain 7,898,384 7,426,531 Others
Total 2,143,162,346,874 2,220,464,910,631 Total
35. NILAI WAJAR ASET DAN LIABILITAS KEUANGAN
Pada tabel berikut ini, instrumen keuangan telah dialokasikan berdasarkan klasifikasinya. Kebijakan akuntansi penting pada Catatan 2g menjelaskan bagaimana setiap kategori aset keuangan dan liabilitas keuangan diukur dan bagaimana pendapatan dan beban, termasuk keuntungan dan kerugian (perubahan nilai wajar instrumen keuangan) atas nilai wajar diakui.
35. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES
In the following table, the financial instruments have been allocated based on the classification.
Significant accounting policies in Note 2g describes how each category of financial assets and liabilities are measured and how revenues and expenses, including gains and losses (changes in fair value of financial instruments) on the fair value are recognized.
Pengelompokan aset keuangan telah diklasifikasikan menjadi pinjaman yang diberikan dan piutang, dan aset keuangan tersedia untuk dijual. Demikian halnya dengan liabilitas keuangan telah diklasifikasikan menjadi liabilitas keuangan yang diukur pada biaya perolehan diamortisasi.
Financial assets have been classified as loans and receivables and available-for-sale financial assets.
Financial liabilities have been classified as financial liabilities at amortized cost.
Nilai Tercatat/ Nilai Wajar/ Nilai Tercatat/ Nilai Wajar/
Carrying Amount Fair Value Carrying Amount Fair Value
Aset Keuangan Financial Assets
Pinjaman dan Piutang Loans and Receivables
Kas dan Setara Kas 296,643,034,385 296,643,034,385 201,029,873,433 201,029,873,433 Cash and Cash Equivalents
Piutang Usaha: Trade Receivables:
- Pihak Ketiga 9,675,757,395 9,675,757,395 6,068,377,515 6,068,377,515 - Third Parties - Pihak Berelasi 4,083,617,667 4,083,617,667 4,325,094,866 4,325,094,866 - Related Parties
Piutang Lain-lain: Other Receivables :
- Pihak Ketiga 42,044,753 42,044,753 366,107,835 366,107,835 - Third Parties - Pihak Berelasi 810,982,325 810,982,325 27,799,726 27,799,726 - Related Parties Aset Lain-lain 986,037,090 986,037,090 1,007,697,540 1,007,697,540 Other Assets Dana yang Dibatasi Penggunaannya 129,530,529,343 129,530,529,343 191,835,536,139 191,835,536,139 Restricted Funds Aset Tidak Lancar Lainnya 99,836,771 99,836,771 99,836,771 99,836,771 Other Non Current Assets
Aset Keuangan Tersedia Available-for-Sale Financial
untuk Dijual Assets
Saham dan Obligasi 30,954,257,932 30,954,257,932 28,095,295,432 28,095,295,432 Investments in Shares of Stock and Bonds Total 472,826,097,661 472,826,097,661 432,855,619,257 432,855,619,257 Total
Liabilitas Keuangan Financial Liabilities
Utang Bank Jangka Pendek 15,299,971,174 15,299,971,174 18,291,577,030 18,291,577,030 Bank Loans - Short Term Utang Usaha - Pihak Ketiga 112,374,312,992 112,374,312,992 19,452,158,568 19,452,158,568 Trade Payables - Third Parties
Utang Lain-lain Jangka Pendek: Short-term Other Payables:
- Pihak Ketiga 1,963,670,349 1,963,670,349 5,015,690,741 5,015,690,741 - Third Parties - Pihak Berelasi 1,233,839,872 1,233,839,872 14,327,624,564 14,327,624,564 - Related Parties Beban Akrual 8,346,329,064 8,346,329,064 10,544,250,992 10,544,250,992 Accrued Expenses
Setoran Jaminan Penyewa - Jangka Rental Guarantee Deposits
Pendek 7,596,977,880 7,596,977,880 7,845,287,407 7,845,287,407 Short-term Utang Bank Jangka Panjang 441,823,574,035 441,823,574,035 401,932,724,344 401,932,724,344 Bank Loans - Long Term Utang Sewa Pembiayaan 24,298,308,946 24,298,308,946 24,943,850,999 24,943,850,999 Finance Lease Payables
Setoran Jaminan Penyewa - Jangka Rental Guarantee Deposits
Panjang 9,973,696,235 9,973,696,235 9,569,360,235 9,569,360,235 Long-term Utang Lain-lain Jangka Panjang 14,889,932,046 14,889,932,046 6,933,759,411 6,933,759,411 Long-term Other Payables
Total 637,800,612,592 637,800,612,592 518,856,284,291 518,856,284,291 Total
2 0 2 0 2 0 1 9*
30 September / 31 Desember /
December 31, September 30,
123 35. NILAI WAJAR ASET DAN LIABILITAS
KEUANGAN (Lanjutan)
Metode dan asumsi yang digunakan untuk estimasi nilai wajar adalah sebagai berikut:
- Nilai wajar kas dan setara kas, piutang usaha, piutang lain-lain, aset lain-lain, dana yang dibatasi penggunaannya, aset tidak lancar lainnya, utang bank, utang usaha - pihak ketiga, utang lain-lain dan beban akrual mendekati nilai tercatat karena jangka waktu jatuh tempo yang singkat atas instrumen keuangan tersebut.
- Nilai wajar penyertaan saham yang tidak memiliki kuotasi harga pasar dengan kepemilikan saham di bawah 20% dicatat pada biaya perolehan karena nilai wajarnya tidak dapat diukur secara handal.
- Nilai wajar utang bank dan utang sewa pembiayaan dicatat sebesar biaya perolehan yang diamortisasi menggunakan metode Suku Bunga Efektif.
- Nilai wajar obligasi ditentukan dengan mendiskonto arus kas menggunakan suku bunga efektif.
- Nilai wajar saham ditentukan dengan menggunakan nilai pasar.
PSAK No. 60, “Instrumen Keuangan:
Pengungkapan”, mensyaratkan pengungkapan atas pengukuran nilai wajar dengan tingkat hirarki nilai wajar sebagai berikut:
a. harga kuotasian (tidak disesuaikan) dalam pasar aktif untuk aset atau liabilitas yang identik (tingkat 1)
b. input selain harga kuotasian yang termasuk dalam tingkat 1 yang dapat diobservasi untuk aset atau liabilitas, baik secara langsung (misalnya harga) atau secara tidak langsung (misalnya derivasi dari harga) (tingkat 2), dan c. input untuk aset atau liabilitas yang bukan
berdasarkan data pasar yang dapat diobservasi (input yang tidak dapat diobservasi) (tingkat 3).
35. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Continued)
The following methods and assumptions are used to estimate the fair value:
- The fair values of cash and cash equivalents, trade receivables, other receivables, other assets, restricted funds, other non-current assets bank loans, trade payables - third parties, other payables and accrued expenses approximated their carrying amounts largerly due to the short-term maturities of these instruments.
- The fair values of investments in shares of stock with quoted market price with share ownership less than 20% were carried at cost as their fair values cannot be reliably measured.
- The fair values of bank loans and finance lease payables were carried at amortized cost using the Effective Interest Rate method.
- The fair values of bonds are determined by discounting cash flows using the effective interest rate.
- The fair values of shares of stock were determined by using the market rate.
SFAS No. 60, “Financial Instruments: Disclosures”, requires the disclosure of fair value measurements using the following fair value measurement hierarchy:
a. quoted prices (unadjusted) in active markets for identical assets or liabilities (level 1) b. inputs other than quoted prices included within
level 1 that are observable for the assets or liabilities, either directly (as prices) or indirectly (derived from prices) (level 2), and
c. inputs for assets or liabilities that are not based on observable market data (unobservable inputs) (level 3).
35. NILAI WAJAR ASET DAN LIABILITAS KEUANGAN (Lanjutan)
Tabel berikut menyajian instrumen keuangan Perusahaan yang diukur pada nilai wajar pada tanggal 30 September 2020 dan 31 Desember 2019:
35. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Continued)
The following table presents the Company’s financial instruments measured at fair value as of September 30, 2020 and December 31, 2019:
Tingkat 1/ Tingkat 2/ Tingkat 3/
Level 1 Level 2 Level 3 Total
Aset Keuangan Tersedia untuk Dijual Available-for-Sale for Financial Assets
Saham dan Obligasi 9,426,712,500 - 21,527,545,432 30,954,257,932 Shares of Stock and Bonds 2 0 2 0
30 September / September 30
T i n g k a t 1 / T i n g k a t 2 / T i n g k a t 3 /
L e v e l 1 L e v e l 2 L e v e l 3 T o t a l
A s e t K e u a n g a n T e r s e d i a u n t u k D i j u a l A v a i l a b l e - f o r - S a l e f o r F i n a n c i a l A s s e t s
S a h a m 6 , 5 6 7 , 7 5 0 , 0 0 0 - 2 1 , 5 2 7 , 5 4 5 , 4 3 2 2 8 , 0 9 5 , 2 9 5 , 4 3 2 S h a r e s o f S t o c k 2 0 1 9
3 1 D e s e m b e r / D e c e m b e r 3 1
36. MANAJEMEN RISIKO KEUANGAN
Mengingat bahwa penerapan praktik manajemen risiko yang baik dapat mendukung kinerja Grup, maka manajemen risiko selalu menjadi elemen pendukung penting bagi Grup dalam menjalankan usahanya. Sasaran dan tujuan utama dari diterapkannya praktik manajemen risiko di Grup adalah untuk menjaga dan melindungi Grup melalui pengelolaan risiko kerugian yang mungkin timbul dari berbagai aktivitasnya serta menjaga tingkat risiko agar sesuai dengan arahan yang sudah ditetapkan oleh manajemen Grup.
Risiko utama yang dihadapi Grup yang timbul dari instrumen keuangan adalah risiko kredit, risiko pasar (yaitu tingkat suku bunga dan risiko nilai tukar mata uang asing), dan risiko likuiditas.
a. Risiko Kredit
Risiko kredit adalah risiko kerugian keuangan yang timbul jika pelanggan Grup gagal memenuhi kewajiban kontraktualnya kepada Grup. Risiko kredit Grup terutama melekat kepada kas dan setara kas dan piutang.
Tidak ada risiko kredit yang terpusat secara signifikant. Grup mengelola dan mengendalikan risiko kredit dengan menetapkan batasan jumlah risiko yang dapat
36. FINANCIAL RISK MANAGEMENT
Considering that a good risk management practice implementation could better support the performance of the Group, hence the risk management would always be an important element to support the Group in running its business. The target and main purpose of the implementation of risk management practices in the Group is to maintain and protect the Group through managing the risk of losses, which might arise from its various activities as well as maintaining risk level in order to match with the direction already established by the Group’s management.
The main risks facing by the Group arising from its financial instruments are credit risk, market risk (i.e. interest rate risk and foreign exchange rate risk) and liquidity risk
a. Credit Risk
Credit risk is the risk of suffering financial losses, should any of the Group’s customers fail to fulfil their contractual obligations to the Group. Credit risk is primarily attributable to its cash and cash equivalents and receivables.
There are no significant concentrations of credit risk. The Group manages and controls the credit risk by setting limits on the amount of risk it is willing to accept for individual
125 36. MANAJEMEN RISIKO KEUANGAN (Lanjutan)
a. Risiko Kredit (Lanjutan)
Grup melakukan hubungan usaha hanya dengan pihak ketiga yang diakui dan kredibel.
Grup memiliki kebijakan untuk semua pelanggan yang akan melakukan perdagangan secara kredit harus melalui prosedur verifikasi kredit. Sebagai tambahan, jumlah piutang dipantau secara terus menerus untuk mengurangi risiko piutang ragu-ragu.
Tabel berikut ini memberikan informasi mengenai maksimum kredit yang dihadapi oleh Grup pada 30 September 2020 dan 31 Desember 2019:
36. FINANCIAL RISK MANAGEMENT (Continued) a. Credit Risk (Continued)
The Group only engages in a business relationship with recognized and creditworthy third parties. It is the Group’s policy that all customers who wish to trade on credit terms are subject to credit verification procedures. In addition, receivable balances are monitored on an ongoing basis to reduce the exposure to bad debts.
The following table provides information regarding the maximum credit risk exposure of the Group as of September 30, 2020 and December 31, 2019:
30 September / 31 Desember /
September 30, December 31,
2020 2 0 1 9*
Kas dan Setara Kas 296,643,034,385 201,029,873,433 Cash and Cash Equivalents
Piutang Usaha: Trade Receivables:
- Pihak Ketiga 9,675,757,395 6,068,377,515 - Third Parties
- Pihak Berelasi 4,083,617,667 4,325,094,866 - Related Parties
Piutang Lain-lain: Other Receivables:
- Pihak Ketiga 42,044,753 393,907,561 - Third Parties - Pihak Berelasi 810,982,325 - - Related Parties
Aset Keuangan Tersedia untuk Dijual 30,954,257,932 28,095,295,432 Available-for-Sale Financial Assets
Total 342,209,694,457 239,912,548,806 Total
Tabel berikut memberikan kualitas kredit dan analisis umur aset keuangan grup sesuai dengan peringkat kredit debitur grup pada tanggal 30 September 2020 dan 31 Desember 2019:
The following table provides information regarding the maximum credit risk exposure of the Group as of September 30, 2020 and December 31, 2019:
Belum Jatuh Tempo dan
Tidak Ada Telah Jatuh
Penurunan Nilai/ Tempo dan
Neither Past Diturunkan Nilai/
Due nor 1 - 30 hari/ 31 - 60 hari/ 61 - 90 hari/ > 91 - 120 hari/ Past Due and
Impaired 1 - 30 days 31 - 60 days 61 - 90 days > 91 - 120 days/ Impaired Total
Kas dan Setara Kas 296,643,034,385 - - - - - 296,643,034,385 Cash and Cash Equivalents
Piutang Usaha: Trade Receivables:
- Pihak Ketiga 2,616,723,011 1,771,440,594 177,065,774 1,444,789,697 5,562,146,040 - 11,572,165,116 - Third Parties - Pihak Berelasi 3,791,467,667 292,150,000 - - - 4,083,617,667 - Related Parties Provisi atas Kerugian
Penurunan Nilai - - - - (1,896,407,721) (1,896,407,721) Provision of Impairment Loss
Piutang Lain-lain: Other Receivables:
- Pihak Ketiga 42,044,753 - - - - - 42,044,753 Third Parties - Pihak Berelasi 810,982,325 - - - - - 810,982,325 - Related Parties
Aset Keuangan Tersedia Available-for-Sale Financial
untuk Dijual 30,954,257,932 - - - - - 30,954,257,932 Assets Total 334,858,510,073 2,063,590,594 177,065,774 1,444,789,697 3,665,738,319 - 342,209,694,457 Total
2 0 2 0 30 September / September 30,
36. MANAJEMEN RISIKO KEUANGAN (Lanjutan) a. Risiko Kredit (Lanjutan)
36. FINANCIAL RISK MANAGEMENT (Continued) a. Credit Risk (Continued)
Belum Jatuh Tempo dan
Tidak Ada Telah Jatuh
Penurunan Nilai/ Tempo dan
Neither Past Diturunkan Nilai/
Due nor 1 - 30 hari/ 31 - 60 hari/ 61 - 90 hari/ > 91 - 120 hari/ Past Due and
Impaired 1 - 30 days 31 - 60 days 61 - 90 days > 91 - 120 days/ Impaired Total
Kas dan Setara Kas 201,029,873,433 - - - - - 201,029,873,433 Cash and Cash Equivalents
Piutang Usaha: Trade Receivables:
- Pihak Ketiga 3,265,221,962 245,230,546 864,872,351 478,980,538 3,194,872,229 - 8,049,177,627 - Third Parties - Pihak Berelasi 4,009,144,759 315,950,107 - - - - 4,325,094,866 - Related Parties Provisi atas Kerugian
Penurunan Nilai (10,546,545) (10,522,545) (121,421,399) (84,160,854) (1,754,148,769) (1,980,800,112) Provision of Impairment Loss
Piutang Lain-lain - Other Receivables
Pihak Ketiga 366,107,835 - - - - - 366,107,835 Third Parties - Pihak Berelasi 27,799,726 - - - - - 27,799,726 - Related Parties
Aset Keuangan Tersedia Available-for-Sale Financial
untuk Dijual 28,095,295,432 - - - - - 28,095,295,432 Assets
Total 236,782,896,602 550,658,108 743,450,952 394,819,684 1,440,723,460 - 239,912,548,807 Total 2 0 1 9 *
31 Desember / December 31,
Kualitas kredit instrumen keuangan dikelola oleh Grup menggunakan peringkat kredit internal. Instrumen keuangan diklasifikasikan sebagai "Belum Jatuh Tempo atau Tidak Mengalami Penurunan Nilai" meliputi instrumen dengan kualitas kredit tinggi karena ada sedikit atau tidak ada pengalaman kegagalan (default) pada kesepakatan berdasarkan surat kuasa, surat jaminan atau promissory note. "Telah Jatuh Tempo tetapi Belum Mengalami Penurunan Nilai" adalah akun-akun dengan pengalaman kegagalan (default) yang sering namun demikian jumlah terhutang masih tertagih. Terakhir, "Telah Jatuh Tempo dan Mengalami Penurunan Nilai"
adalah akun yang telah lama belum dilunasi dan telah dibentuk penyisihan kerugian penurunan nilai atas piutang.
b. Risiko Pasar
Risiko pasar adalah risiko dimana nilai wajar dari arus kas masa depan dari suatu instrumen keuangan akan berfluktuasi karena perubahan harga pasar. Grup dipengaruhi oleh risiko pasar, terutama risiko tingkat suku bunga dan nilai tukar mata uang asing.
The credit quality of financial instruments is managed by the Group using internal credit ratings. Financial instruments classified under
“Neither Past Due nor Impaired” include high grade credit quality instruments because there was few or no history of default on the agreed terms based on the letter of authorization, letter of guarantee or promissory note. “Past Due but Not Impaired” are items with history of frequent default nevertheless the amounts due are still collectible. Lastly, “Past Due and Impaired” are those that are long outstanding and have been provided with allowance for impairment loss on receivables.
b. Market Risk
Market risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices.
The Group is exposed to market risk, in particular interest rate risk and foreign currency exchange risk.
127 36. MANAJEMEN RISIKO KEUANGAN (Lanjutan)
c. Risiko Mata Uang Asing
Risiko mata uang asing adalah risiko dimana nilai wajar atas arus kas masa mendatang dari suatu instrumen keuangan karena perubahan dari nilai tukar mata uang asing. Eksposur fluktuasi nilai tukar atas Grup berasal dari berbagai nilai tukar mata uang terutama sehubungan dengan dolar Amerika. Bagian signifikan dari risiko nilai tukar mata uang asing berasal dari setoran jaminan penyewa.
Grup memonitor secara ketat fluktuasi dari nilai tukar mata uang asing sehingga dapat mengambil langkah-langkah yang paling menguntungkan Grup pada waktu yang tepat.
Manajemen tidak menganggap perlu untuk melakukan transaksi forward/swap mata uang asing saat ini.
Grup memiliki aset dan liabilitas moneter dalam mata uang asing, yang disajikan dalam Catatan 37.
d. Risiko Likuiditas
Risiko likuiditas adalah risiko terjadinya kerugian akibat adanya kesenjangan antara penerimaan dan pengeluaran. Terjadinya kesenjangan yang cukup besar akan menurunkan kemampuan Grup untuk memenuhi liabilitasnya pada saat jatuh tempo.
Manajemen telah membentuk kerangka kerja manajemen risiko likuiditas untuk pengelolaan dana jangka pendek, menengah dan jangka panjang serta persyaratan manajemen likuiditas. Grup mengelola risiko likuiditas dengan mempertahankan cadangan yang memadai, fasilitas perbankan dan fasilitas pinjaman, dengan terus memantau rencana dan realisasi arus kas dengan cara mencocokan profil jatuh tempo liabilitas keuangan.
36. FINANCIAL RISK MANAGEMENT (Continued) c. Foreign Currency Risk
Foreign exchange currency risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates. The Group is exposed to foreign exchange risk arising from various currency exposures, primarily with respect to the US Dollar. The significant portion of the foreign exchange risk is contributed by the rental guarantee deposits.
The Company closely monitors the foreign exchange rate fluctuation and market expectation so it can take necessary actions benefited most to the Group in due time.
Management currently does not consider the necessity to enter into any currency
Management currently does not consider the necessity to enter into any currency