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SIFAT DAN TRANSAKSI PIHAK BERELASI NATURE AND TRANSACTIONS WITH RELATED PARTIES

Selanjutnya, dalam menyajikan analisis

sensitivitas di atas, nilai kini kewajiban imbalan pasti dihitung dengan menggunakan metode projected unit credit pada akhir periode pelaporan, yang sama dengan yang diterapkan dalam menghitung kewajiban imbalan pasti yang diakui dalam laporan posisi keuangan.

Furthermore, in presenting the above sensitivity analysis, the present value of the defined benefits obligation has been calculated using the projected unit credit method at the end of the reporting period, which is the same as that applied in calculating the defined benefits obligation recognised in the statements of financial position.

Tidak ada perubahan dalam metode dan asumsi

yang digunakan dalam penyusunan analisis sensitivitas dari tahun sebelumnya.

There was no change in the methods and assumptions used in preparing the sensitivity analysis from prior years.

35. SIFAT DAN TRANSAKSI PIHAK BERELASI 35. NATURE AND TRANSACTIONS WITH RELATED PARTIES

Sifat Pihak Berelasi: Nature of Relationship:

a. Pemerintah Republik Indonesia adalah pengendali utama Perusahaan.

a. The Government of Indonesia is the ultimate controlling party of

the Company.

b. WSKT adalah entitas induk dan pemegang

saham mayoritas Perusahaan.

b. WSKT is the parent and majority shareholder of the Company.

c. Koperasi Waskita adalah pemegang saham

minoritas Perusahaan.

c. Koperasi Waskita is the minority shareholder of the Company.

d. Pihak yang pengendali utamanya sama dengan Perusahaan adalah BTN, BRI, BNI, Mandiri, BNI syariah, Mandiri Syariah, BRIS, KKDM, WBW, CCTW, CTPTW, KSO Waskita - Gorip Nanda Guna, KSO Waskita - Acset, KSO Waskita - Adhi Karya, PP, HK, KSO Waskita -

d. Parties which have the same ultimate controlling party as the Company are BTN, BRI, BNI, Mandiri, BNI Syariah, Mandiri Syariah, BRIS, KKDM, WBW, CCTW, CTPTW, KSO Waskita - Gorip Nanda Guna, KSO Waskita -

Wika, Perum Perumnas, PT Hutama Karya (Persero) Tbk, KSO Hutama Karya - Waskita, KSO Hutama - Waskita, KSO Waskita - Basuki, PT Nindya Karya (Persero),

PT PP (Persero) Tbk,

PT Waskita - Hutama Karya, PT Hutama Karya Infrastruktur, KSO Waskita Karya - Ricky KSM, KSO Wika - Waskita, dan KSO Pers Bap - Waskita - Wika.

Acset, KSO Waskita - Adhi Karya, PP, HK, KSO Waskita - Wika, Perum Perumnas, PT Hutama Karya (Persero) Tbk, KSO Hutama Karya - Waskita, KSO Hutama - Waskita, KSO Waskita - Basuki, PT Nindya Karya (Persero), PT PP (Persero) Tbk, PT Waskita - Hutama Karya, PT Hutama Karya Infrastruktur, KSO Waskita Karya - Ricky KSM, KSO Wika - Waskita and KSO Pers Bap – Waskita - Wika.

Transaksi-transaksi Pihak Berelasi Transactions with Related Parties

Dalam kegiatan usahanya, Perusahaan melakukan transaksi tertentu dengan pihak berelasi, yang meliputi antara lain:

In the normal course of business, the Company entered into certain

transactions with related parties, including the following:

a. Perusahaan menyediakan manfaat pada Komisaris dan Direktur Perusahaan.

a. The Company provides benefits to the Commissioners and Directors of the Company.

Jumlah remunerasi yang diterima oleh Dewan Komisaris pada 30 September 2021 dan 2020 masing-masing sebesar Rp3.236.591.174 dan Rp2.889.513.000.

The total remuneration received by Board of Commissioners for September 30, 2021 and 2020 were amounting to Rp3,236,591,174 and Rp2,889,513,000, respectively.

Jumlah remunerasi yang diterima oleh Direksi pada tanggal 30 September 2021 dan 2020 masing-masing sebesar Rp5.859.524.500 dan Rp6.399.450.000.

The total remuneration received by Directors for September 30, 2021 and 2020 amounted to Rp5,859,524,500 and Rp6,399,450,000, respectively.

b. 74% dan 94% dari jumlah pendapatan masing-masing pada tanggal 30 Juni 2021 dan 2020, merupakan penjualan kepada pihak berelasi (Catatan 26). Pada tanggal pelaporan, piutang atas pendapatan tersebut dicatat sebagai bagian dari piutang usaha dan tagihan bruto, yang masing-masing meliputi 12% dari jumlah aset masing-masing pada tanggal 30 September 2021 dan 31 Desember 2020 (Catatan 6 dan 9).

b. Total revenues to related parties constituted 74% and 94% in March 31, 2021 and 2020, respectively of the total net revenues (Note 26). At reporting date, the receivables from these revenues were presented as accounts receivable and gross amount, which constituted 12%, respectively, of the total assets as of September 30, 2021 and December 31, 2020 (Notes 6 and 9).

c. Perusahaan memperoleh fasilitas kredit modal kerja dan sindikasi dari BRI, BRIS, Bank Mandiri dan BNI (Catatan 15).

c. The Company entered into the working capital loan and syndicated facilities from BRI, BRIS, Bank Mandiri and BNI (Note 15).

d. Perusahaan mempunyai deposito berjangka pada BRI dan BNI (Catatan 5).

d. The Company has time deposit in BRI and BNI (Note 5).

e. Manajemen kunci meliputi anggota Dewan Komisaris dan Direksi Perusahaan.

e. Key management personnel includes Commissioners and Directors of the Company.

Rincian saldo dan transaksi pihak-pihak berelasi adalah sebagai berikut:

Details of outstanding account balances and transactions with related parties are as follows:

Rp % Rp %

Aset Assets

Kas dan Setara Kas 45,094,027,593 0.45% 215,738,977,298 2.04%

Piutang Usaha 1,327,151,922,807 13.19% 1,509,309,982,011 14.30%

Piutang Lain-lain 2,900,214,188 0.03% -- 0.00%

Tagihan Bruto - Berelasi 1,094,342,568,957 10.88% 1,294,404,848,993 12.26%

Jumlah 2,469,488,733,545 24.54% 3,019,453,808,302 28.60%

Liabilitas Liabilities

Utang Bank Jangka Pendek 1,848,707,183,960 20.13% 1,668,939,969,460 17.75%

Utang Usaha 47,077,581,763 0.51% 32,774,417,066 0.35%

Uang Muka dari Pelanggan 17,740,012,234 0.19% 25,285,755,393 0.27%

Jumlah 1,913,524,777,956 20.83% 1,727,000,141,919 18.37%

Pendapatan Usaha Revenues

Pendapatan Usaha 552,326,589,641 74.24% 984,743,288,676 68.57%

2021 2020

Revenues Total Short Term Bank Loans

Advances from Customers Account Payables Total Cash and Cash Equivalent

Others Receivable Trade Account Receivable

Gross Amount - Related 30 September/September 30, 31 Desember/December 31,

36. SEGMEN OPERASI 36. OPERATING SEGMENT

Perusahaan melaporkan segmen - segmen berdasarkan divisi - divisi operasi berikut:

The Companys’s reportable segments are based on the following operating divisions:

1. Precast 1. Precast

2. Readymix 2. Readymix

3. Jasa konstruksi 3. Construction service

Segmen precast, readymix dan jasa konstruksi dianggap sebagai segmen operasi terpisah oleh pengambil keputusan operasional. Untuk tujuan penyajian laporan keuangan, segmen - segmen operasi tersebut telah digabungkan ke dalam satu segmen operasi tunggal dengan mempertimbangkan faktor - faktor berikut:

The manufacture precast, readymix and construction service is considered as a separate operating segment by the chief operating decision maker. For financial statements presentation purposes, these individual operating segments have been aggregated into a single operating segment taking into account the following factors:

 Segmen operasi memiliki margin laba kotor jangka panjang yang mirip;

 These operating segments have similar long-term gross profit margins;

 Sifat dari produk dan proses produksi yang sama; dan

 The nature of the products and the production processes are similar;

and

 Metode yang digunakan untuk mendistribusikan produk kepada pelanggan adalah sama.

 The methods used to distribute the products to the customers are the same.

a. Informasi berdasarkan Produksi dan Jasa a. Information by Product and Services

Precast/ Readymix dan Quarry/ Konstruksi/ Jumlah/

Precast Readymix and Quarry Construction Total

Rp Rp Rp Rp

Pendapatan Usaha 374,211,111,223 277,396,011,989 92,378,196,961 743,985,320,173 Revenues Beban Pokok Pendapatan (482,077,564,144) (478,012,664,295) (83,043,757,445) (1,043,133,985,883) Cost of Goods Sales

Laba Bruto (107,866,452,921) (200,616,652,306) 9,334,439,516 (299,148,665,710) Gross Profit

Beban Usaha -- -- -- (131,224,441,079) Operating Expenses

Beban Pajak Penghasilan Final -- -- -- (3,285,750,399) Final Income Tax Expense

Penghasilan (Beban) Lain-lain Bersih -- -- -- 362,939,718,212 Others Income

Laba Sebelum Pajak dan Beban Keuangan -- -- -- (70,719,138,977) Profit Before Taxes

Beban Keuangan -- -- -- (363,349,353,546) Income Expenses

Laba Sebelum Pajak -- -- -- (434,068,492,523) Profit for the Year

Beban Pajak Penghasilan -- -- -- 155,019,186,095 Income Tax

Laba Bersih Tahun Berjalan (279,049,306,428) Profit for the Year

30 September/September 30 , 2021

7.48%

Precast/ Readymix/ Konstruksi/ Jumlah/ 5.85%

Precast Readymix Construction Total 18.73%

Rp Rp Rp Rp

Pendapatan Usaha 585,123,162,440 725,223,042,152 125,788,387,211 1,436,134,591,803 Revenues Beban Pokok Pendapatan (810,029,266,976) (841,258,548,556) (65,943,957,291) (1,717,231,772,823) Cost of Goods Sold

Laba Bruto (224,906,104,536) (116,035,506,404) 59,844,429,920 (281,097,181,020) Gross Profit

Beban Usaha -- -- -- (141,561,996,494) Operating Expenses

Beban Pajak Final -- -- -- (3,773,651,614) Final Income Tax Expense

Penghasilan (Beban) Lain-lain Bersih -- -- -- (471,229,196,325) Others Income

Laba Sebelum Pajak dan Beban Keuangan -- -- -- (897,662,025,453) Profit Before Taxes

-- -- -- (244,804,067,407) Financial Charges

Laba Sebelum Pajak -- -- -- (1,142,466,092,860) Profit for the Year

Beban Pajak Penghasilan -- -- -- -- Income Tax

Laba Bersih Tahun Berjalan (1,142,466,092,860) Profit for the Year

Beban Keuangan

30 September/September 30 , 2020

Precast/ Readymix dan Quarry/ Konstruksi/ Jumlah/

Precast Readymix and Quarry Construction Total

Rp Rp Rp Rp

Aset Assets

Piutang Usaha Account Receivables

Berelasi 247,281,013,509 524,198,105,333 555,672,803,965 1,327,151,922,808 Related Parties

Pihak Ketiga 186,516,829,888 529,275,820,226 6,951,371,915 722,744,022,028 Third Parties

Tagihan Bruto Gross Amount

Berelasi 172,537,600,029 4,450,159,770 917,354,809,158 1,094,342,568,957 Related Parties

Pihak Ketiga 183,526,973,384 5,016,751,505 7,282,463,403 195,826,188,292 Third Parties

Persediaan 613,771,277,134 300,972,132,890 50,134,876,814 964,878,286,838 Inventories

Aset Tetap - bersih 1,825,310,580,663 1,204,096,680,599 63,790,475,855 3,093,197,737,116 Property, Plant and Equipment - Net

Aset yang Tidak Dapat Dialokasikan -- -- -- 2,663,395,585,405 Unallocated Assets

Jumlah Aset 10,061,536,311,444 Total Assets

Liabilitas Liabilities

Liabilitas yang Tidak Dapat Dialokasikan -- -- -- 9,184,826,073,092 Unallocated Liabilities

Jumlah Liabilitas 9,184,826,073,092 Total Liabilities

30 September/September 30, 2021

Precast/ Readymix/ Konstruksi/ Jumlah/

Precast Readymix Construction Total

Rp Rp Rp Rp

Aset Assets

Piutang Usaha Account Receivables

Berelasi 513,616,046,742 454,561,416,972 541,132,518,297 1,509,309,982,011 Related Parties Pihak Ketiga 277,427,103,192 95,788,281,162 68,200,927 373,283,585,281 Third Parties

Tagihan Bruto Gross Amount

Berelasi 118,173,780,116 233,975,364,174 942,255,704,703 1,294,404,848,993 Related Parties

Pihak Ketiga 45,423,735,569 86,584,680,092 -- 132,008,415,661 Third Parties

Persediaan 570,402,639,671 443,706,353,238 62,222,349,598 1,076,331,342,507 Inventories Aset Tetap - bersih 3,374,199,728,074 1,055,188,095,148 506,531,207,278 4,935,919,030,500 Property, Plant and Equipment - Net

Aset yang Tidak Dapat Dialokasikan -- -- -- 1,236,293,534,290 Unallocated Assets

Jumlah Aset 10,557,550,739,243 Total Assets

Liabilitas Liabilities

Liabilitas yang Tidak Dapat Dialokasikan -- -- -- 9,400,121,261,159 Unallocated Liabilities

Jumlah Liabilitas 9,400,121,261,159 Total Liabilities

31 Desember/December 31 , 2020

b. Informasi berdasarkan wilayah geografis b. Information by geographical location

30 September/September 30, Desember 31/December 31

2021 2020

Rp Rp

Aset Assets

Luar Pulau Jawa 1,753,834,754,892 236,762,235,391 Outside Java Islands

Pulau Jawa 8,307,701,556,551 10,320,788,503,852 Java Islands

Jumlah 10,061,536,311,444 10,557,550,739,243 Total

\

30 September/September 30, Desember 31/December 31,

2021 2020

Rp Rp

Liabilitas dan Ekuitas Liabilities and Equity

Luar Pulau Jawa (794,074,173,533) 226,061,151,704 Outside Java Islands

Pulau Jawa 10,855,610,484,976 10,331,489,587,539 Java Islands

Jumlah 10,061,536,311,444 10,557,550,739,243 Total

30 September/September 30, 30 September/September 30 ,

2021 2020

Rp Rp

Pendapatan Usaha Revenues

Luar Pulau Jawa 208,654,739,447 443,283,148,749 Outside Java Islands

Pulau Jawa 535,330,580,726 992,851,443,054 Java Islands

Jumlah 743,985,320,173 1,436,134,591,803 Total

37. BANK GARANSI 37.BANK GUARANTEE

Pada tanggal 30 September 2021, Perusahaan teh memperoleh dan menggunakan bank garansi agai sebagai berikut:

As of September 30, 2021, the Company had receipt and used related bank guarantees as follows:

Nominal Garansi

Rp

BRI 13.500.000.000

BOSOW A 10.140.000.000

MANDIRI 505.610.994

BTN 52.554.040

Jumlah 24.198.165.034

Bank