AND SUBSIDIARIES
AND ASSUMPTIONS Penyajian laporan keuangan konsolidasian Grup,
mengharuskan manajemen membuat pertimbangan, estimasi, dan asumsi yang mempengaruhi jumlah pendapatan, beban, aset, dan liabilitas yang dilaporkan, dan pengungkapan liabilitas kontinjensi pada tanggal pelaporan. Namun demikian, ketidakpastian mengenai asumsi dan estimasi dapat menghasilkan keluaran yang membutuhkan penyesuaian kepada nilai tercatat aset dan liabilitas yang terpengaruh di masa depan.
The preparation of the Group‟s consolidated financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts of revenue, expenses, assets and liabilities, and the disclosure of contingent liabilities, at the reporting date. However, uncertainty about these assumptions and estimates could result in outcomes that could require a material adjustment to the carrying amount of the asset or liability affected in future periods.
a. Pertimbangan di dalam penerapan kebijakan
akuntansi
Di dalam proses penerapan kebijakan akuntansi,
manajemen telah melakukan pertimbangan-
pertimbangan, terpisah dari masalah estimasi, yang memiliki dampak signifikan terhadap jumlah yang diakui di dalam laporan keuangan.
Pertimbangan yang memiliki pengaruh signifikan adalah:
Klasifikasi aset dan liabilitas keuangan
Perusahaan menetapkan klasifikasi aset dan liabilitas tertentu sebagai aset dan liabilitas keuangan dengan mempertimbangkan definisi yang ditetapkan PSAK 55 (R2006) terpenuhi. Dengan demikian, aset dan liabilitas keuangan diakui sesuai dengan kebijakan akuntansi Perusahaan seperti diungkapkan pada Catatan 2e dan 2l.
a. Judgements made in applying accounting policies
In the process of applying the Group's accounting policies, management has made judgements, apart from those involving estimations, which have the most significant effect on the amounts recognized in the financial statements.
The judgements that have a significant impact are:
Classification of financial assets and liabilities The Company determine the classification of assets and liabilities by considering the definition set forth in PSAK 55 (R2006) have been met. Therefore, the recognized financial assets and liabilities are in accordance with the Company‟s accounting policy as disclose in Notes 2e and 2l.
in Indonesian Language
Ekshibit E/27 Exhibit E/27
PT PANIN SEKURITAS Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
31 DESEMBER 2011 DAN 2010
(Disajikan dalam Rupiah, kecuali dinyatakan lain)
PT PANIN SEKURITAS Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
(Expressed in Rupiah, unless otherwise stated)
3. PERTIMBANGAN, ESTIMASI DAN ASUMSI AKUNTANSI
SIGNIFIKAN (Lanjutan)
3. SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND ASSUMPTIONS (Continued)
b. Sumber utama ketidakpastian estimasi
Asumsi utama berkenaan dengan sumber utama dan sumber lainnya ketidakpastian estimasi di masa depan, yang memiliki risiko signifikan yang
dapat menyebabkan penyesuaian material
terhadap nilai tercatat aset dan liabilitas pada tahun buku mendatang, didiskusikan di bawah.
b. Key sources of estimation uncertainty
The key assumptions concerning the future and other key sources of estimation uncertainty at the end of the reporting period, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.
i. Estimasi Nilai Wajar Aset Keuangan dan
Liabilitas Keuangan
Nilai wajar aset keuangan yang diperdagangkan di pasar aktif didasarkan pada kuotasi harga pasar yang berlaku pada tanggal laporan posisi keuangan konsolidasian.
i. Fair Value Estimation of Financial Assets and
Liabilities
The fair values of financial assets traded in active markets are based on quoted market bid-prices at the consolidated statement of financial position date.
Nilai wajar instrumen keuangan yang tidak diperdagangkan pada pasar aktif, ditentukan dengan menggunakan teknik penilaian. Grup menggunakan berbagai metode dan membuat asumsi yang didasarkan pada kondisi pasar yang ada pada tiap tanggal laporan posisi keuangan. Sesuai keadaan, kuotasi harga pasar atau
kuotasi harga pedagang perantara bagi
instrumen sejenis, digunakan. Teknik-teknik penilaian, seperti analisis diskonto arus kas, juga digunakan untuk menentukan nilai wajar instrumen keuangan.
Nilai wajar aset dan liabilitas keuangan lancar yang dinilai pada biaya perolehan diamortisasi mendekati nilai tercatat.
The fair values of financial instruments that are not traded in an active market are determined by using valuation techniques. The Group uses a variety of methods and makes assumptions that are based on market conditions existing at each statement of financial position date. Where appropriate, quoted market prices or dealer quotes for
similar instruments are used. Valuation
techniques, such as discounted cash flow analysis, are also used to determine the fair values of the financial instruments.
The fair values of current financial assets and
liabilities carried at amortized cost
approximate their carrying amounts.
ii. Penurunan nilai aset non-keuangan – aset tetap,
investasi pada entitas anak.
Aset non-keuangan diuji penurunan nilainya jika terdapat indikasi bahwa nilai tercatat tidak dapat dipulihkan kembali pada setiap tanggal pelaporan.
ii. Impairment of non-financial assets – equipment
and investment in subsidiaries.
Non-financial assets are tested for impairment when there are indication that the carrying amounts may not recoverable at each reporting date.
iii. Penurunan nilai piutang nasabah
Grup menilai pada tiap tanggal laporan posisi
keuangan konsolidasian apakah terdapat
bukti objektif aset keuangan mengalami penurunan nilai. Untuk menentukan apakah terdapat bukti objektif penurunan nilai, Grup
mempertimbangkan faktor-faktor seperti
kemungkinan ketidakmampuan untuk
membayar hutang atau kesulitan signifikan debitur dan kegagalan maupun penundaan signifikan pembayaran.
iii. Impairment of receivable from customers
The Group assesses at each consolidated statement of financial position date whether there is objective evidence that a financial asset is impaired. To determine whether there is objective evidence of impairment, the Group considers factors such as the possibility of insolvency or significant difficulties of the debtor and default or significant delay in payments.
Ekshibit E/28 Exhibit E/28
PT PANIN SEKURITAS Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
31 DESEMBER 2011 DAN 2010
(Disajikan dalam Rupiah, kecuali dinyatakan lain)
PT PANIN SEKURITAS Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
(Expressed in Rupiah, unless otherwise stated)
3. PERTIMBANGAN, ESTIMASI DAN ASUMSI AKUNTANSI
SIGNIFIKAN (Lanjutan)
3. SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND ASSUMPTIONS (Continued)
b. Sumber utama ketidakpastian estimasi (Lanjutan) b. Key sources of estimation uncertainty
(Continued)
iii. Penurunan nilai piutang nasabah (Lanjutan) iii. Impairment of receivable from customers
(Continued) Apabila terdapat bukti objektif penurunan
nilai, jumlah dan saat arus kas di masa mendatang diestimasi berdasarkan pengalaman historis atas kerugian aset dengan karakteristik risiko kredit yang serupa. Nilai tercatat piutang nasabah Grup pada tanggal laporan posisi keuangan konsolidasian diungkapkan di dalam Catatan 6 di dalam laporan keuangan.
Where there is objective evidence of
impairment, the amount and timing of future cash flows are estimated based on historical loss experience for assets with similar credit risk characteristics. The carrying amount of the
Group's customer receivables at the
consolidated statement of financial position date is disclosed in Note 6 to the financial statements.
iv. Estimasi umur manfaat aset tetap
Perusahaan menelaah secara berkala atas masa
manfaat ekonomis aset tetap dengan
mempertimbangkan faktor-faktor seperti
kondisi teknis dan perkembangan teknologi di masa datang. Hasil operasi di masa depan dipengaruhi secara material oleh perubahan estimasi ini akibat dari perubahan faktor yang dipertimbangkan tersebut.
v. Liabilitas imbalan kerja
Nilai kini liabilitas imbalan kerja tergantung pada beberapa faktor yang ditentukan dengan dasar aktuarial berdasarkan beberapa asumsi. Asumsi yang digunakan untuk menentukan biaya pensiun neto mencakup tingkat diskonto, tingkat kenaikan gaji, tingkat kecacatan, tingkat kematian dan umur pensiun. Sebagian
asumsi kunci liabilitas imbalan kerja
ditentukan berdasarkan kondisi pasar saat ini.
Penentuan liabilitas imbalan kerja Perusahaan bergantung pada asumsi yang digunakan oleh aktuaris independen. Perusahaan berkeyakinan bahwa asumsi tersebut adalah sesuai dengan kebijakan akuntansi Perusahaan.
iv. Estimation useful lives of equipment
The Company periodically review the useful lives of equipments by considering such factors as the technical conditions and technological developments in the future. The results of future operations will be materially affected by changes in these estimates result from changes in the factors considered.
v. Employee benefits
The present value of liabilities for employee benefits depends on several factors that are determined by actuarial basis based on several assumptions. Assumptions used to determine net pension expense includes the discount rate, the rate of salary increases, the level of disability, mortality and retirement age. Most of the key assumptions of employee benefit liabilities are determined based on current market conditions.
The determination of Company liability for employee benefits depends on the assumptions used by an independent actuary. The Company believes that these assumptions are in accordance with Company accounting policies.
in Indonesian Language
Ekshibit E/29 Exhibit E/29
PT PANIN SEKURITAS Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
31 DESEMBER 2011 DAN 2010
(Disajikan dalam Rupiah, kecuali dinyatakan lain)
PT PANIN SEKURITAS Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
(Expressed in Rupiah, unless otherwise stated)
4. KAS DAN SETARA KAS 4. CASH AND CASH EQUIVALENTS
31 Des/Dec 2011 31 Des/Dec 2010 1 Jan/Jan 2010
K a s Cash on hand
Perusahaan 13.979.848 12.200.359 9.606.078 Company
Entitas anak 5.650.000 - - Subsidiary
19.629.848 12.200.359 9.606.078
B a n k Cash in banks
Pihak-pihak berelasi Related party
PT Bank Pan Indonesia Tbk PT Bank Pan Indonesia Tbk
Rupiah Rupiah
Perusahaan 18.722.510.036 16.270.461.898 172.393.923 Company
Entitas anak 194.185.136 26.250.000 - Subsidiary
Dolar AS US Dollars
Perusahaan 232.961.907 230.835.833 239.774.260 Company
19.149.657.079 16.527.547.731 412.168.183
Pihak ketiga Third parties
Rupiah Rupiah
Perusahaan Company
PT Bank Central Asia Tbk 2.102.606.187 2.982.384.752 1.552.661.752 PT Bank Central Asia Tbk
PT Bank Mandiri (Persero)Tbk 985.401.761 1.539.702.647 1.407.284.564 PT Bank Mandiri (Persero)Tbk
PT Bank CIMB Niaga Tbk 95.927.501 47.280.102 669.044.756 PT Bank CIMB Niaga Tbk
PT Bank Permata Tbk 77.016.378 54.993.703 14.598.065 PT Bank Permata Tbk
PT Bank Internasional
Indonesia Tbk 12.692.841 - -
PT Bank Internasional Indonesia Tbk
PT Bank Mega Tbk 6.581.528 91.723.202 9.584.053 PT Bank Mega Tbk
PT Bank DBS Indonesia - - 7.293.216.841 PT Bank DBS Indonesia
Standard Chartered Bank - - 38.946.840 Standard Chartered Bank
Entitas anak Subsidiary
PT Bank Central Asia Tbk 192.877.957 - - PT Bank Central Asia Tbk
PT Bank Mandiri (Persero)Tbk 6.937.683 - - PT Bank Mandiri (Persero)Tbk
Dolar AS US Dollars
Perusahaan Company
PT Bank Mandiri (Persero)Tbk 48.788.560 25.524.370 21.268.534 PT Bank Mandiri (Persero) Tbk
3.528.830.396 4.741.608.776 11.006.605.405
Jumlah Bank 22.678.487.475 21.269.156.507 11.418.773.588 Total Cash in Banks
Deposito berjangka Time deposits
Pihak-pihak berelasi Related party
Perusahaan Company
PT Bank Pan Indonesia Tbk PT Bank Pan Indonesia Tbk
Rupiah - 52.000.000.000 50.000.000.000 Rupiah
Dolar AS 262.518.600 260.289.450 272.130.000 US Dollars
262.518.600 52.260.289.450 50.272.130.000
Pihak ketiga Third parties
Rupiah Rupiah
Perusahaan Company
PT Bank Mega Tbk - 25.000.000.000 42.800.000.000 PT Bank Mega Tbk
PT Bank Permata Tbk - 10.000.000.000 60.800.000.000 PT Bank Permata Tbk
PT Bank Mandiri (Persero) Tbk - 10.000.000.000 27.000.000.000 PT Bank Mandiri (Persero) Tbk
PT Bank Victoria International Tbk - - 50.000.000.000 PT Bank Victoria International Tbk
Entitas anak Subsidiary
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Barat dan Banten Tbk 7.000.000.000 - - Jawa Barat dan Banten Tbk
PT Bank Victoria International Tbk 5.000.000.000 - - PT Bank Victoria International Tbk
PT Bank Artha Graha PT Bank Artha Graha
Internasional Tbk 3.000.000.000 - - Internasional Tbk
15.000.000.000 45.000.000.000 180.600.000.000
Jumlah Deposito Berjangka 15.262.518.600 97.260.289.450 230.872.130.000 Total Time Deposits
Ekshibit E/30 Exhibit E/30
PT PANIN SEKURITAS Tbk DAN ENTITAS ANAK CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN
31 DESEMBER 2011 DAN 2010
(Disajikan dalam Rupiah, kecuali dinyatakan lain)
PT PANIN SEKURITAS Tbk AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2011 AND 2010
(Expressed in Rupiah, unless otherwise stated)
4. KAS DAN SETARA KAS (Lanjutan) 4. CASH AND CASH EQUIVALENTS (Continued)
Rincian kas dan setara kas berdasarkan penempatannya: Details of cash and cash equivalents based on placement:
31 Des/Dec 2011 31 Des/Dec 2010 1 Jan/Jan 2010
Pihak-pihak berelasi Related party
K a s 19.629.848 12.200.359 9.606.078 Cash on hand
B a n k 19.149.657.079 16.527.547.731 412.168.183 Cash in banks
Deposito berjangka 262.518.600 52.260.289.450 50.272.130.000 Time deposits
Jumlah pihak-pihak berelasi 19.431.805.527 68.800.037.540 50.693.904.261 Total related party
Pihak ketiga Third parties
B a n k 3.528.830.396 4.741.608.776 11.006.605.405 Cash in banks
Deposito berjangka 15.000.000.000 45.000.000.000 180.600.000.000 Time deposits
Jumlah pihak ketiga 18.528.830.396 49.741.608.776 191.606.605.405 Total third parties
Jumlah Kas dan Setara Kas 37.960.635.923 118.541.646.316 242.300.509.666
Total Cash and Cash Equivalents Tingkat suku bunga deposito per tahun berkisar antara: Average annual interest rate of time deposits are as
follows:
31 Des/Dec 2011 31 Des/Dec 2010 1 Jan/Jan 2010
Rupiah 5% - 9,25% 5,25% - 10,25% 5,75% – 14,00% Rupiah
Dolar AS 0,25% 0,25% - 1,25% 1,25% – 4,25% US Dollars
5. AKUN-AKUN YANG BERHUBUNGAN DENGAN LEMBAGA