PT Indomobil Sukses Internasional Tbk.

(1)

For Six Months Ended June 30, 2013 and 2012 (Unaudited)

and as of June 30, 2013 (Unaudited),

(2)

Tanggal-Tanggal 30 Juni 2013 dan 2012 (Tidak Diaudit);

dan pada Tanggal 30 Juni 2013 (Tidak Diaudit), 31 Desember 2012 dan 2011 (Diaudit)

June 30, 2013 and 2012 (Unaudited); and as of June 30, 2013 (Unaudited), December 31, 2012 and 2011 (Audited)

Daftar Isi Table of Contents

Halaman/

Page

Consolidated Statements of Laporan Posisi Keuangan Konsolidasian .………….… 1-3 ....………..……… Financial Position

Laporan Laba Rugi Consolidated Statements of

Komprehensif Konsolidasian ……….………..… 4 ...………. Comprehensive Income

Laporan Perubahan Ekuitas Consolidated Statements of

Konsolidasian ………..………..… 5 ..……….. Changes in Equity

Laporan Arus Kas Konsolidasian ………...…………... 6 ……… Consolidated Statements of Cash Flows

Catatan atas Laporan Keuangan Notes to the

Konsolidasian ... 10-261 ……... Consolidated Financial Statements

(3)

Catatan atas laporan keuangan konsolidasian interim terlampir merupakan bagian yang tidak terpisahkan

dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these interim consolidated financial statements.

1

31 Desember 2011/

December 31, 2011

Catatan/ 30 Juni 2013/ 31 Desember 2012/ (Disajikan kembali/

Notes June 30, 2013 December 31, 2012 Restated)

ASET ASSETS

ASET LANCAR CURRENT ASSETS

Kas dan setara kas 2d,2g,4 1,505,203,040,375 1,135,008,227,858 1,609,296,007,519 Cash and cash equivalents

Piutang usaha 2g,5 Accounts receivable

Pihak-pihak berelasi 2e,29 159,549,688,732 167,874,262,904 100,355,141,260 Related parties Pihak ketiga - setelah dikurangi

penyisihan kerugian Third parties - net of allowance

penurunan nilai for impairment losses of

sebesar Rp6.568.151.471 Rp6,568,151,471 as of

pada 30 Juni 2013, June 30, 2013,

pada 31 Desember 2012 December 31, 2012, and

dan sebesar Rp16.402.307.936 Rp16,402,307,936 as of

pada 31 Desember 2011 12,16,17 2,117,082,049,406 1,792,339,458,768 1,122,264,105,930 December 31, 2011

Piutang pembiayaan - setelah

dikurangi penyisihan kerugian Financing - net of allowance

pada 30 Juni 2013 June 30, 2013,

dan Rp19.931.142.430 2e,2g,2r,2s, Rp19,931,142,430 as of

pada 31 Desember 2011 7,12,16,17,29 1,421,223,788,536 2,111,287,195,239 1,689,940,734,206 December 31, 2011

Piutang lain-lain 2g Others receivable

Pihak-pihak berelasi 2e,29 20,717,448,854 15,139,366,612 24,095,807,007 Due from related parties

Pihak ketiga - setelah dikurangi Third parties - net of allowance

penyisihan atas penurunan for impairment losses of

nilai piutang lain-lain receivables of

pada 30 Juni 2013 June 30, 2013,

dan Rp1.146.143.815 Rp1,146,143,815 as of

pada 31 Desember 2011 217,990,055,903 291,889,171,960 139,999,770,739 December 31, 2011

Persediaan - setelah dikurangi

penyisihan atas keusangan Inventories - net of allowance

persediaan sebesar for inventory obsolescence

Rp7.038.491.663 Rp7,038,491,663 as of

pada 30 Juni 2013, June 30, 2013,

pada 31 Desember 2012, December 31, 2012 and

dan Rp17.983.804.497 2f,6,12, Rp17,983,804,497 as of

pada 31 Desember 2011 16,29 3,530,108,221,225 3,888,214,740,154 2,407,381,171,619 December 31, 2011

Uang muka pembelian 380,388,142,314 111,291,044,566 79,023,809,931 Advance payments Pajak dibayar dimuka 2t,15a 202,426,775,652 201,951,047,135 148,002,818,321 Prepaid tax Biaya dibayar dimuka 2h,30 136,215,676,046 98,164,440,858 66,166,888,159 Prepaid expenses

(4)

31 Desember 2011/

December 31, 2011

Catatan/ 30 Juni 2013/ 31 Desember 2012/ (Disajikan kembali/

ASET TIDAK LANCAR NON-CURRENT ASSETS

Piutang pembiayaan - setelah

penyisihan kerugian Financing - net of allowance

pada 30 Juni 2013 June 30, 2013,

pada 31 Desember 2012 2e,2g,2r,2s, December 31, 2012 and

dan Rp17.619.589.707 7,12,16,17, Rp17,619,589,707 as of

pada 31 Desember 2011 29 3,616,086,534,314 2,020,014,846,947 1,529,632,964,330 December 31, 2011

Penyertaan saham - setelah

dikurangi penyisihan Investments in shares of stock

-penurunan nilai penyertaan net of allowance for decline

saham sebesar in value of investments of

Rp1.170.022.500 pada Rp1,170,022,500

tanggal 30 Juni 2013, as of June 30, 2013,

31 Desember 2012, 2b,2g,2i, December 31, 2012,

dan 31 Desember 2011 8,30 2,338,986,094,082 2,334,839,413,556 1,574,975,319,691 and December 31, 2011

Aset tetap - setelah dikurangi Fixed assets - net of

akumulasi penyusutan sebesar accumulated depreciation of

Rp1.017.629.363.016 pada Rp1,017,629,363,016

tanggal 30 Juni 2013, as of June 30, 2013,

Rp891.891.121.579 pada Rp891,891,121,579

tanggal 31 Desember 2012 da2k,2j,2m,2n as of December 31, 2012,

Rp730.844.758.354 pada 9,12,16,17, Rp730,844,758,354

tanggal 31 Desember 2011 29,30 3,391,010,500,976 2,951,053,796,147 2,040,835,802,054 as of December 31, 2011 Aset pajak tangguhan - neto 2t,15d 185,501,520,199 144,383,306,047 152,824,855,825 Deferred tax assets - net Taksiran tagihan pajak penghasi 2t,15c 170,286,645,662 130,741,431,234 63,166,940,037 Estimated claims for tax refund

Aset yang dikuasakan kembali - Foreclosed assets - net of

setelah dikurangi penyisihan allowance for impairment

kerugian penurunan nilai losses of

Rp16.794.330.991 pada Rp16.794.330.991

tanggal 30 Juni 2013, dan as of June 30, 2013,

tanggal 31 Desember 2012, dan as of December 31, 2012,

Rp10.688.918.087 pada Rp10.688.918.087

tanggal 31 Desember 2011 2o,10 42,705,653,122 36,936,998,275 32,118,325,826 as of December 31, 2011 Kas di bank dan deposito

berjangka yang dibatasi 2d,2g,11, Restricted cash in banks and

penggunaannya 12,30 1,505,004,248 5,228,152,969 14,819,743,688 time deposits Piutang derivatif - neto 2g,16,30 - 1,493,453,161 - Derivatives receivable - net Aset tidak lancar lainnya 15c,15d,29,30 178,259,337,092 139,813,669,971 110,529,745,042 Other non-current assets

Jumlah Aset Tidak Lancar 9,924,341,289,696 7,764,505,068,307 5,518,903,696,493 Total Non-Current Assets

(5)

Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes form an integral part of these consolidated financial statements.

LIABILITAS DAN EKUITAS SHAREHOLDERS' EQUITY

LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

Utang jangka pendek 2g,12,16,19,30 4,042,373,711,976 3,291,596,221,061 1,142,251,099,183 Short-term loans

Utang 2g Accounts payable

Usaha 13 Trade

Pihak ketiga 430,618,356,843 349,934,860,318 432,303,099,868 Third parties Pihak-pihak berelasi 2e,29 1,634,338,549,403 1,775,577,988,194 1,658,095,665,861 Related parties

Lain-lain Others

Pihak ketiga 566,354,318,973 226,950,859,103 215,180,831,413 Third parties Pihak-pihak berelasi 2e,29,30 - 7,496,107,712 185,597,701,692 Related parties

Uang muka pelanggan dan Advances from customers and

penyalur 195,912,700,122 439,555,195,623 275,083,325,402 distributors Utang pajak 2t,15b,15c 109,911,116,451 56,930,448,228 110,003,863,721 Taxes payable Beban akrual 2g,14,17 230,888,614,619 223,844,594,337 122,006,710,235 Accrued expenses

Liabilitas imbalan kerja Short-term employees

jangka pendek 23,080,766,847 19,967,523,622 18,415,849,230 benefit liabilities Utang derivatif - neto 2g,16,30 3,276,354,437 - 977,653,774 Derivatives payable - net Utang jangka panjang yang

jatuh tempo dalam waktu Current maturities of

satu tahun 2g long-term debts

Utang bank 12,16,30 874,188,462,566 772,702,217,431 705,038,582,552 Bank loans Utang obligasi - neto 2p,7,17 106,119,045,593 585,128,255,515 277,222,784,330 Bonds payable - net Pembiayaan konsumen 2e,2r,16,29 79,505,147,904 124,376,674,064 53,994,236,928 Consumer financing Utang lainnya 16,19,29 29,201,668,214 89,426,030,599 219,006,380,656 Other loans

Jumlah Liabilitas Jangka

Pendek 8,325,768,813,948 7,963,486,975,807 5,415,177,784,845 Total Current Liabilities

LIABILITAS JANGKA

PANJANG NON-CURRENT LIABILITIES

Utang jangka panjang -setelah dikurangi bagian

yang jatuh tempo dalam Long-term debts - net of

waktu satu tahun 2g current maturities

Utang bank 12,16,30 2,419,473,538,969 1,481,595,202,850 1,117,251,076,115 Bank loans Utang obligasi - neto 2p,7,17 2,730,545,984,977 2,228,932,433,950 922,785,976,699 Bonds payable - net Pembiayaan konsumen 2e,16,29 15,952,030,239 34,730,817,476 68,830,218,749 Consumer financing Utang lainnya 16,19,29 40,648,480,134 35,969,969,988 206,252,705,920 Other loans

Penyisihan imbalan Provision for employee service

kerja karyawan 2e,2v,29,31 101,891,772,433 95,716,091,656 79,650,982,451 entitlements benefits Pendapatan diterima di muka 2q,30 11,327,668,882 16,294,266,227 20,177,037,227 Unearned revenue Liabilitas pajak tangguhan -

neto 2t,15d 19,132,039,987 12,493,193,902 460,904,121 Deferred tax liabilities - net

Jumlah Liabilitas Jangka

Panjang 5,338,971,515,621 3,905,731,976,049 2,415,408,901,282 Total Non-current Liabilities

JUMLAH LIABILITAS 13,664,740,329,569 11,869,218,951,856 7,830,586,686,127 TOTAL LIABILITIES

EKUITAS SHAREHOLDERS' EQUITY

Ekuitas yang Dapat Diatribusikan Equity Attributable to the Equity

kepada Pemilik Entitas Induk Holders of the Parent Company

Modal saham Share capital

Modal dasar - 7.600.000.000 saham Authorized - 7,600,000,000 shares

dengan nilai nominal Rp250/saham par value of Rp250/share

pada tanggal 30 Juni 2013 as of June 30, 2013

dan 31 Desember 2012 and December 31, 2012

Modal dasar - 3.800.000.000 saham Authorized - 3,800,000,000 shares

dengan nilai nominal Rp500/saham par value of Rp500/share

pada tanggal 31 Desember 2011 as of December 31, 2011

Modal ditempatkan dan disetor Issued and fully paid

-penuh - 2.765.278.412 saham 2,765,278,412 shares

pada tanggal 30 Juni 2013, as of June 30, 2013,

dan 31 Desember 2012, dan and December 31, 2012, and

1,382,639,206 saham pada 1,382,639,206 shares as of

31 Desember 2011 1b,19 691,319,603,000 691,319,603,000 691,319,603,000 December 31, 2011 Agio saham 1b,20 2,833,424,591,029 2,833,859,218,587 2,898,758,561,310 Premium on share capital

Selisih transaksi perubahan Differences arising from changes

ekuitas Entitas Anak dan in equity of subsidiaries and

dampak transaksi dengan effects of transactions

kepentingan non pengendali 2b,23 (82,843,010,554) (82,171,574,507) (63,700,489,900) with non controlling interests

Saldo laba 21 Retained earnings

Ditentukan penggunaannya 10,000,000,000 5,000,000,000 - Appropriated Belum ditentukan penggunaannya 1,959,582,785,987 1,674,720,574,979 1,041,141,899,688 Unappropriated Pendapatan komprehensif lainny 22 (23,089,081,870) 63,630,329,347 102,150,822,369 Other comprehensvie income

Sub-jumlah 5,388,394,887,592 5,186,358,151,406 4,669,670,396,467 Sub-total

Kepentingan Nonpengendali 2b,18 562,110,959,579 522,086,921,099 405,172,868,590 Non-controlling Interests

Jumlah Ekuitas 5,950,505,847,171 5,708,445,072,505 5,074,843,265,057 Total Equity

JUMLAH LIABILITAS DAN TOTAL LIABILITIES AND

(6)

Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan

Catatan/ (Enam Bulan/

2013 Notes Six Month)

(Enam Bulan/ (disajikan kembali/

Six Month) restated)

2e,2q,2r, 2s,24,29,

PENGHASILAN NETO 10,486,989,532,041 30 9,898,787,733,844 NET REVENUES

2e,2q,

BEBAN POKOK PENGHASILAN 9,182,449,941,645 9,25,29,30 8,632,168,910,232 COST OF REVENUES

LABA KOTOR 1,304,539,590,396 1,266,618,823,612 GROSS MARGIN

2q,9,

Beban penjualan (573,993,129,091) 26,29 (493,510,968,532) Selling expenses

Beban umum dan 2q,9, General and administrative

administrasi (436,581,653,648) 26,29 (372,425,623,565) expenses

Pendapatan operasi lain 307,335,459,615 27,30 184,895,512,450 Other operating income

Beban operasi lain (44,669,912,368) 27,30 (55,235,197,985) Other operating expenses

LABA USAHA 556,630,354,904 530,342,545,980 INCOME FROM OPERATIONS

Bagian atas laba neto Equity in net earnings of

entitas asosiasi - neto 89,875,848,937 2b,2i,8 178,771,002,279 associated companies - net

Pendapatan keuangan 26,332,132,924 34,088,854,806 Finance income

Beban keuangan (232,523,665,745) (127,354,911,218) Finance costs

LABA SEBELUM BEBAN INCOME BEFORE

PAJAK PENGHASILAN 440,314,671,020 615,847,491,847 INCOME TAX EXPENSE

Manfaat (beban) pajak penghasilan - neto (31,810,236,550) 2t,15c (100,715,311,230) Income tax benefit (expense) - net

LABA PERIODE BERJALAN 408,504,434,471 515,132,180,617 INCOME FOR THE PERIOD

Pendapatan komprehensif lain : Other comprehensive income :

Perubahan bersih nilai wajar Net change in fair value of

Investasi tersedia untuk dijual (89,024,600,000) 2g 29,051,604,687 investment available-for-sale

Selisih kurs penjabaran laporan Foreign exchange from translation

keuangan dalam mata uang asing 13,993,514,897 50,956,820,301 of financial statements

Perubahan bersih nilai wajar Net change in fair value of

instrumen derivatif, neto derivative instruments, net

setelah pajak (7,577,765,867) 2g,30 801,461,963 of tax

Pendapatan komprehensif lain (82,608,850,970) 80,809,886,951 Other Comprehensive Income

JUMLAH LABA KOMPREHENSIF TOTAL COMPREHENSIVE

PERIODE BERJALAN 325,895,583,500 595,942,067,568 INCOME FOR THE PERIOD

Laba periode berjalan yang dapat Income for the period

diatribusikan kepada : atributable to :

Equity holders of the parent

Pemilik Entitas Induk 370,055,284,956 451,716,291,768 entity

Kepentingan nonpengendali 38,449,149,515 63,415,888,849 Non-controlling interests

Jumlah 408,504,434,471 515,132,180,617 Total

Jumlah laba komprehensif yang Total comprehensive

dapat diatribusikan kepada : income atributable to :

Equity holders of the parent

Pemilik entitas induk 283,588,844,299 518,542,593,272 entity

Kepentingan nonpengendali 42,306,739,201 2b,18 77,399,474,295 Non-controlling interests

Jumlah 325,895,583,500 595,942,067,567 Total

LABA PER SAHAM EARNINGS PER SHARE - BASIC

DASAR YANG DAPAT ATTRIBUTABLE TO EQUITY

DIATRIBUSIKAN KEPADA HOLDERS OF THE

(7)

5

Perubahan Ekuitas Other Comprehensive Income

Entitas Anak dan Selisih kurs

Dampak Transaksi penjabaran

Dengan Kepentingan laporan keuangan Perubahan

Nonpengendali/ dalam Neto Nilai Wajar

Differences Arising mata uang Perubahan Instrumen

From Changes asing/ Neto Nilai Wajar Derivatif - Neto

in Equity of Exchange Investasi Tersedia Setelah Pajak/

Subsidiaries Difference Due Untuk Dijual/ Net Change Kepentingan

Modal Ditempatkan and Effects of Saldo Laba / Retained Earnings to Translation Net Change in Fair Value NonSepengendali/

dan Disetor Penuh/ Agio Saham/ Transactions with Ditentukan Belum Ditentukan of Financial in Fair Value of Derivative Company

Catatan/ Issued and Fully Premium on Non-controlling Penggunaannya/ Penggunaannya/ Statement in of Available-for Instruments Jumlah/ Non-controlling Jumlah Ekuitas/

Notes Paid Capital Share Capital Interest Appropriated Unapproriated Foreign Currency Sale Investment -net of Tax Total Interests Total Equity

Saldo 31 Desember 2011 Balance as of

(disajikan kembali) 691,319,603,000 2,898,758,561,310 (63,700,489,900) - 1,041,141,899,688 (8,042,954,853) 110,879,205,071 (685,427,849) 4,669,670,396,467 405,172,868,590 5,074,843,265,057 December 31, 2011 (restated)

Selisih transaksi perubahan ekuitas - - (18,471,084,607) - - - (18,471,084,607) - (18,471,084,607) Differences arising from changes in equity

Differences arising from

Selisih nilai transaksi restrukturisasi restructuring transactions among

entitas sepengendali neto 2b - (64,899,342,723) - - - (64,899,342,723) (5,490,686,514) (70,390,029,237) entities under common control - net

Laba/(rugi) komprehensif lainnya - - - 54,425,499,203 (94,943,621,869) 1,997,629,644 (38,520,493,022) 24,411,305,184 (14,109,187,838) Other comprehensive income/(loss)

Penambahan kepentingan

nonpengendali - - - 26,504,858,000 26,504,858,000 Addition to non-controlling interests

Pengurangan kepentingan

nonpengendali - - - (15,552,208,092) (15,552,208,092) Deduction of non-controlling interest

Pembagian dividen kepada pemegang saham

kepentingan nonpengendali 18 - - - - (163,151,426,308) - (163,151,426,308) (10,320,000,000) (173,471,426,308) Dividend paid to non-controlling interests

Pencadangan saldo laba untuk cadangan tujuan - - - 5,000,000,000 (5,000,000,000) Appropriation for specific reserve

Laba tahun berjalan - - - - 801,730,101,599 - 801,730,101,599 97,360,783,931 899,090,885,530 Net income for the year

Saldo 31 Desember 2012 691,319,603,000 2,833,859,218,587 (82,171,574,507) 5,000,000,000 1,674,720,574,979 46,382,544,350 15,935,583,202 1,312,201,795 5,186,358,151,406 522,086,921,099 5,708,445,072,505 Balance as of December 31, 2012

Selisih transaksi perubahan ekuitas - - (671,436,047) - - - (671,436,047) - (671,436,047) Differences arising from changes in equity

Selisih nilai transaksi restrukturisasi Transactions of Entities under

entitas sepengendali neto 2b - (434,627,558) - - - (434,627,558) - (434,627,558) Common Control

Rugi komprehensif lainnya - - - 9,882,954,650 (89,024,600,000) (7,577,765,867) (86,719,411,217) 3,857,589,686 (82,861,821,531) Other comprehensive loss

Penambahan kepentingan

nonpengendali - - - 1,492,284,724 1,492,284,724Addition to company non-controlling interests

Pengurangan kepentingan

nonpengendali - - - (336,985,445) (336,985,445)Deduction to company non-controlling interests

Pembagian dividen kepada

kepentingan nonpengendali 18 - - - - (80,193,073,948) - - - (80,193,073,948) (3,438,000,000) (83,631,073,948) Dividend paid to non-controlling interests

Pencadangan saldo laba untuk cadangan tujuan 5,000,000,000 (5,000,000,000) - - - Appropriation for specific reserve

Laba tahun berjalan - - - - 370,055,284,956 - - - 370,055,284,956 38,449,149,515 408,504,434,471 Net Income for the year

(8)

Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

Six Month) Notes Six Month)

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM

OPERASI OPERATING ACTIVITIES

Penerimaan kas dari pelanggan 11,709,082,088,803 12,031,536,760,737 Cash receipts from customers

Pembayaran kas kepada pemasok (10,991,936,604,336) (12,276,493,894,286) Cash payments to suppliers

Pembayaran beban usaha (614,401,792,643) (367,678,252,094) Payments of operating expenses

Pembayaran beban gaji (280,637,896,479) (307,391,683,684) Payment of salaries

Pembayaran beban bunga dan Payments of interest and other

beban keuangan lainnya (350,318,378,865) (261,290,951,145) financing charges

Pembayaran pajak (227,590,373,322) (337,820,096,749) Payments of taxes

Penerimaan lain-lain - neto 221,868,805,779 (372,508,186,277) Other receipts - net

Kas neto digunakan untuk Net cash used in

aktivitas operasi (533,934,151,063) (1,891,646,303,498) operating activities

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM INVESTING

INVESTASI ACTIVITIES

Bunga yang diterima dan

penerimaan dari pencairan / Interest received on and proceeds

(penempatan) kas di bank dan from terminations of /

deposito berjangka yang dibatasi (placement for) restricted cash in

penggunaannya (3,975,822,005) 5,487,741,808 banks and time deposits

Penerimaan penambahan modal Proceeds from additional capital

saham dari kepentingan stock contribution of

nonpengendali - 19,900,000,000 non-controlling interests

Penerimaan dari penjualan Proceeds from sale of

aset tetap 6,009,574,374 5,929,916,475 fixed assets

Penerimaan dari divestasi Proceeds from divestment of

penyertaan saham - 330,000,000 investments in shares of stock

Pembelian aset tetap (598,359,281,587) (600,686,922,231) Acquisition of fixed assets

Pembayaran dividen (3,136,000,000) (153,682,715,626) Payments of dividends

Additional in investment in shares

Penambahan penyertaan saham (257,082,800,000) 8 (569,567,833,000) of stock

Penerimaan dividen dari Dividends received from

entitas asosiasi 80,204,397,526 105,305,171,866 associated companies

Kas neto digunakan untuk Net cash used in

aktivitas investasi (776,339,931,692) (1,186,984,640,708) investing activities

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM

PENDANAAN FINANCING ACTIVITIES

Penerimaan dari utang jangka Proceeds from long-term debts

panjang 3,532,836,247,632 3,331,486,815,511 availments

Penerimaan dari utang jangka Proceeds from short-term loans

pendek 3,846,716,309,406 5,744,485,717,980 availments

Pembayaran utang jangka pendek (3,221,248,105,027) (4,032,373,722,583) Payments of short-term loans

Pembayaran utang jangka

panjang (2,183,580,670,029) (1,634,173,092,512) Payments of long-term debts

Pembayaran untuk sumber Payments of other financing

pendanaan lainnya (414,959,850,073) (182,039,718,115) activities

Penerimaan dari sumber Proceeds from other financing

pendanaan lainnya 120,358,468,016 232,395,371,203 activities

Kas neto diperoleh dari Net cash provided by

aktivitas pendanaan 1,680,122,399,926 3,459,781,371,483 financing activities

KENAIKAN (PENURUNAN) NET INCREASE

NETO KAS DAN (DECREASE) IN CASH

SETARA KAS 369,848,317,171 381,150,427,277 AND CASH EQUIVALENTS

KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

AWAL PERIODE 1,135,008,227,858 4 1,609,296,007,519 AT BEGINNING OF PERIOD

Dampak neto perubahan Net effect of changes in

nilai tukar atas kas dan exchange rate on cash and

setara kas 346,495,346 (50,802,062) cash equivalents

KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS

(9)

1. UMUM 1. GENERAL

a. Pendirian Perusahaan a. Establishment of the Company

PT Indomobil Sukses Internasional Tbk. (“Perusahaan”) didirikan berdasarkan hasil penggabungan usaha antara PT Indomulti Inti Industri Tbk. (IMII) dan PT Indomobil Investment Corporation (IIC) pada tanggal 6 November 1997 di mana IMII adalah perusahaan yang melanjutkan usaha. IMII didirikan pada tanggal 20 Maret 1987

berdasarkan akta notaris Benny

Kristianto, S.H., No. 128. Akta pendirian Perusahaan disahkan oleh Menteri Kehakiman Republik Indonesia dalam surat keputusan

No. C2-10924.HT.01.01.TH.88 tanggal

30 November 1988 dan diumumkan dalam Lembaran Berita Negara No. 32, Tambahan

No. 1448 tanggal 20 April 1990.

Penggabungan usaha tersebut telah disetujui oleh Menteri Kehakiman, Badan Koordinasi Penanaman Modal dan Direktorat Jenderal

Pajak pada tahun 1997. Setelah

penggabungan usaha, nama IMII

berubah menjadi PT Indomobil Sukses

Internasional Tbk. Sejak tanggal

penggabungan usaha, Perusahaan dan Entitas Anak mengkonsentrasikan kegiatannya dalam bidang otomotif dan kegiatan penunjangnya. Anggaran dasar Perusahaan telah mengalami beberapa kali perubahan, terakhir dengan akta notaris Poerbaningsih Adi Warsito, S.H., No. 74 tanggal 23 Mei 2012 mengenai, antara lain perubahan nilai nominal saham Perusahaan dengan pelaksanaan pemecahan saham. Perubahan anggaran dasar ini telah disahkan oleh Menteri Hukum dan Hak Asasi Manusia dalam surat keputusan No. AHU-AH.01.10-18997 tanggal 28 Mei 2012.

PT Indomobil Sukses Internasional Tbk.

(the “Company”) was initially established as

a result of the merger between PT Indomulti Inti Industri Tbk. (IMII) and PT Indomobil

Investment Corporation (IIC) on

November 6, 1997 where IMII is the surviving entity. IMII was established on March 20, 1987 based on notarial deed No. 128 of Benny Kristianto, S.H. The deed of establishment was approved by the Ministry of Justice of the

Republic of Indonesia in its

decision letter No. C2-10924.HT.01.01.TH.88 dated November 30, 1988 and was published in State Gazette No. 32, Supplement No. 1448 dated April 20, 1990. The merger was

approved by the Ministry of Justice,

the Capital Investment Coordinating

Board and the Directorate General of Taxes

in 1997. After the merger, IMII’s name

was changed to PT Indomobil Sukses Internasional Tbk. Since the merger date, the Company and Subsidiaries concentrated their activities in the automotive and

its support businesses. The Company’s

articles of association has been amended from time to time, the last of which was made by

Perusahaan dan Entitas Anak (selanjutnya disebut “Grup”) didirikan dan menjalankan kegiatan usahanya di Indonesia. Ruang lingkup kegiatan Grup bergerak dalam bidang perakitan dan distribusi kendaraan bermotor roda empat, bis dan truk, serta alat berat dengan merek “Suzuki”, “Nissan”, “Volvo”, “Volkswagen (VW)”, “SsangYong”, “AUDI”, “Hino”, “Renault”, “Manitou”, “Kalmar”, “Foton”, “Great Wall” dan “Mack” dan/atau kendaraan bermotor roda dua beserta suku cadangnya, perbengkelan, alat-alat berat, jasa keuangan, pembiayaan konsumen, penyewaan dan jual beli kendaraan bekas pakai.

The Company and Subsidiaries

(hereinafter collectively referred to as

“the Group”) were all incorporated in and

conduct their operations in Indonesia. The scope of activities of the Group is engaged in assembling and distribution of automobiles, buses, trucks, and heavy equipments which, currently include the brand

names of “Suzuki”, “Nissan”, “Volvo”, “Volkswagen (VW)”, “SsangYong”, “AUDI”, “Hino”, “Renault”, “Manitou”, “Kalmar”, “Foton”,

“Great Wall” and “Mack” and/or motorcycles

(10)

(Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated)

1. UMUM (lanjutan) 1. GENERAL (continued)

a. Pendirian Perusahaan (lanjutan) a. Establishment of the Company (continued)

Bidang usaha Perusahaan adalah melakukan

penyertaan saham dalam

perusahaan-perusahaan atau kegiatan lainnya yang terkait dengan industri otomotif (Catatan 1d).

The Company’s activities is participating in

the equity ownership of other companies which are engaged in the automotive business (Note 1d).

Perusahaan berlokasi di Wisma Indomobil, Jl. MT. Haryono Kav. 8, Jakarta. Fasilitas pabrik dan perakitan Grup terutama berlokasi di kawasan industri sekitar Jakarta dan Jawa Barat, sedangkan fasilitas penunjang servis otomotif lainnya, seperti dealer, bengkel dan pembiayaan terutama berlokasi di kota besar di Jawa, Sumatera dan Kalimantan. Perusahaan memulai kegiatan komersialnya pada tahun 1990.

The Company is located in Wisma Indomobil,

Jl. MT. Haryono Kav. 8, Jakarta. The Group’s

manufacturing and assembling facilities are mainly located in industrial estates around Jakarta and West Java, while other supporting automotive services such as dealership, workshop and financing are mainly located in big cities in Java, Sumatera and Kalimantan.

The Company started its commercial

operations in 1990.

PT Cipta Sarana Duta Perkasa dan PT Eka Surya Indah Pratama masing-masing adalah entitas induk dan entitas induk terakhir Grup.

PT Cipta Sarana Duta Perkasa and PT Eka Surya Indah Pratama are the parent entity and

ultimate parent entity of the Group,

respectively.

b. Penawaran Umum Efek Perusahaan dan Tindakan Perusahaan yang Mempengaruhi Efek yang Diterbitkan

b. Public Offering of the Company’s Shares

and the Company’s Corporate Actions

which Affected the Issued Shares

Pada tahun 1993, Perusahaan melakukan penawaran umum perdana saham sejumlah 22.000.000 saham dengan nilai nominal seribu Rupiah (Rp1.000) per saham melalui Bursa Efek Jakarta. Pada tahun 1994, obligasi konversi Perusahaan sebesar AS$6.500.000 telah dikonversikan menjadi 2.912.568 saham baru dengan harga konversi sebesar Rp4.575 per saham. Pada tahun 1995, Perusahaan menerbitkan 99.650.272 saham tambahan melalui penawaran umum terbatas (rights issue) di mana untuk setiap saham yang dimiliki, pemegang saham berhak untuk membeli empat (4) saham Perusahaan dengan harga penawaran sebesar Rp2.100.

In 1993, the Company made an initial public offering of its 22,000,000 shares with a par value of one thousand Rupiah (Rp1,000) per share through the Jakarta Stock Exchange. In

1994, the Company’s convertible bonds

amounting to US$6,500,000 was converted into 2,912,568 new shares at a conversion price of Rp4,575 per share. In 1995, the Company issued additional 99,650,272 shares through rights issue whereby for every shares held, a holder is entitled to buy four (4) shares at an offering price of Rp2,100.

Pada tahun 1997, setelah penggabungan usaha dengan IIC, Perusahaan mengeluarkan 373.688.500 saham baru untuk pemegang saham IIC sebelumnya dan juga melakukan pemecahan nilai saham dengan mengurangi nilai nominal saham dari Rp1.000 menjadi Rp500 per saham, sehingga mengakibatkan peningkatan jumlah saham yang beredar menjadi sebanyak 996.502.680 saham.

(11)

b. Penawaran Umum Efek Perusahaan dan Tindakan Perusahaan yang Mempengaruhi Efek yang Diterbitkan (lanjutan)

b. Public Offering of the Company’s Shares

and the Company’s Corporate Actions

which Affected the Issued Shares

(continued)

Mulai bulan November 2007, saham terdaftar pada Bursa Efek Indonesia. Sebelumnya, saham Perusahaan terdaftar pada Bursa Efek Jakarta dan Surabaya. Efektif pada bulan November 2007, kedua bursa efek tersebut menggabungkan usaha (merger) menjadi Bursa Efek Indonesia (BEI).

Starting November 2007, the Company’s

shares are listed in the Indonesian Stock

Exchange. Previously, the Company’s shares

were listed in the Jakarta and Surabaya Stock

Exchanges. Effective November 2007,

the said two stock exchanges were merged to become the Indonesia Stock Exchange (IDX).

Efektif tanggal 14 Desember 2010,

Perusahaan mengeluarkan 40.476.725 lembar saham baru yang merupakan hasil konversi utang Perusahaan kepada PT Tritunggal Intipermata (TIP), pemegang saham, yang diambil bagian seluruhnya oleh TIP, sehingga pada tanggal 31 Desember 2010, jumlah saham Perusahaan yang beredar adalah sebanyak 1.036.979.405 lembar saham.

Effective on December 14, 2010,

the Company issued 40,476,725 new shares

as a result of the Company’s debt to equity

conversion to PT Tritunggal Intipermata (TIP), a shareholder, which all was subscribed by TIP, therefore as of December 31, 2010, total

of the Company’s outstanding shares was

1,036,979,405 shares.

Efektif tanggal 12 Agustus 2011, Perusahaan mengeluarkan 345.659.801 lembar saham baru yang merupakan hasil Penawaran Umum Terbatas (PUT) II Perusahaan, sehingga pada tanggal 31 Desember 2011, jumlah saham Perusahaan yang beredar adalah sebanyak 1.382.639.206 lembar saham (Catatan 19).

Effective on August 12, 2011, the Company issued 345,659,801 new shares as a result of

the Company’s Limited Public Offering (LPO)

II; therefore as of December 31, 2011,

the total Company’s outstanding shares were

1,382,639,206 shares (Note 19).

Efektif tanggal 7 Juni 2012, Perusahaan melakukan pemecahan nilai nominal saham (stock split) dari Rp500 per lembar saham menjadi Rp250 per lembar saham, sehingga jumlah saham Perusahaan yang beredar pada tanggal 31 Desember 2012 adalah sebanyak 2.765.278.412 lembar saham (Catatan 19).

Effective on June 7, 2012, the Company split the nominal value of its shares (stock split) from Rp500 per share to Rp250 per share, therefore as of December 31, 2012, the total

Company’s shares were 2,765,278,412shares

(12)

c. Dewan Komisaris, Direksi dan Karyawan c. Board of Commissioners, Board of

Directors and Employees

Berdasarkan Rapat Umum Pemegang Saham Tahunan Perusahaan tanggal 27 April 2012 dan 22 Juni 2011, susunan Dewan Komisaris dan Direksi Perusahaan (manajemen kunci Perusahaan) dan Komite Audit pada tanggal 30 Juni 2013, 31 Desember 2012 dan 2011, adalah sebagai berikut:

Based on the Company’s Annual General Meeting of Shareholders on April 27, 2012 and June 22, 2011, the members of the

Company’s Board of Commissioners and

Board of Directors (the Company’s key management) and Audit Committee as of June 30, 2013, December 31, 2012 and 2011, are as follows:

Dewan Komisaris Boards of Commissioners

Komisaris Utama : Soebronto Laras : President Commissioner

Wakil Komisaris Utama : Pranata Hajadi : Vice President Commissioner

Komisaris : Eugene Cho Park : Commissioner

Komisaris : Gunadi Sindhuwinata : Commissioner

Komisaris Independen : Soegeng Sarjadi : Independent Commissioner

Komisaris Independen : Hanadi Rahardja : Independent Commissioner

Komisaris Independen : Moh. Jusuf Hamka : Independent Commissioner

Direksi Boards of Directors

Direktur Utama : Jusak Kertowidjojo : President Director

Direktur : Josef Utamin : Director

Direktur : Alex Sutisna : Director

Direktur : Santiago S. Navarro : Director

Direktur : Bambang Subijanto : Director

Direktur : Jacobus Irawan : Director

Direktur : Djendratna Budimulja T. : Director

Komite Audit Audit Committee

Ketua : Hanadi Rahardja : Chairman

Anggota : Nico Johannes Djajapernama : Member

Anggota : Rudi Setiadi Tjahjono : Member

Pada tanggal 30 Juni 2013, 31 Desember 2012 dan 2011, Grup secara gabungan mempunyai karyawan tetap masing-masing sejumlah 6.232, 6.567 dan 5.028 orang (tidak diaudit).

(13)

d. Struktur Grup d. The Group’s Structure

Laporan keuangan konsolidasian mencakup akun-akun Grup (Perusahaan dan Entitas Anak), di mana Perusahaan mempunyai kepemilikan hak suara Entitas-entitas Anak lebih dari 50,00%, baik langsung maupun tidak langsung (termasuk Entitas Anak dari Entitas Anak tertentu yang dimiliki secara tidak langsung), yang terdiri dari:

The consolidated financial statements include the accounts of the Group (the Company and Subsidiaries), where the Company owns more than 50.00% of the voting shares of the Subsidiaries, either directly or indirectly (including those Subsidiaries of certain indirectly owned Subsidiaries), consisting of:

Persentase Jumlah Aset

PT Marvia Multi Trada (MMT) (a,b,c)

(14)

d. Struktur Grup (lanjutan) d. The Group’s Structure (continued)

Persentase Jumlah Aset

kepemilikan Sebelum Eliminasi

Mulai Efektif/ (dalam milliar Rp)/

Beroperasi Effective Total Assets

Secara Percentage Before Elimination

Komersial/ of Ownership (in Rp billion)

Start of

Domisili/ Commercial Kegiatan usaha/ 30 Jun. 31 Des. 30 Jun. 31 Des. Entitas Induk/Company Domicile Operations Nature of Business 2013 2012 2013 2012

Entitas Anak Tidak Langsung (lanjutan)/

Indirect Subsidiaries(continued)

Melalui CSA/Through CSA

PT Indo Auto Care Jakarta 2007 Perdagangan/Trading 50,99 51,00 4,78 4,24

(IAC) (a,b,c)

Melalui UPM/Through UPM

PT Indomobil Prima Niaga Jakarta 1998 Dealer/Dealership 96,51 96,51 731,24 735,81 (IPN) (a,b,c)

PT Indomobil Cahaya Prima Mataram 2011 Dealer/Dealership 49,20 49,20 47,41 22,57 (ICP)

PT Indomobil Sumber Baru Semarang 1997 Dealer/Dealership 48,72 48,72 6,11 4,79 (ISB) (a,b,c)

Melalui IWT/Through IWT

PT Indomobil Trada Jakarta 2000 Dealer/Dealership 100,00 100,00 2.642,36 2.479,71 Nasional (ITN) (a,b,c,q)

PT Wahana Wirawan Jakarta 1982 Dealer/Dealership 100,00 100,00 8.573,24 5.099,65 (WW) (a,b,c)

Melalui WW/Through WW

PT Wahana Prima Trada Tangerang 2004 Dealer/Dealership 100,00 100,00 50,91 85,38 Tangerang (WPTT) (a,b,c)

PT Wahana Wirawan Manado Manado 2004 Dealer/Dealership 100,00 100,00 75,98 78,77 (WWM) (a,b,c)

PT IMG Bina Trada (IMGBT) (a,b,c) _Jakarta ₂₀₀₄ _{Bengkel/Workshop} _100,00 _100,00 _6,21 _6,03 PT Auto Euro Indonesia Jakarta 2010 Dealer/Dealership 100,00 100,00 8,22 3,12

(AEI) (a,b,c)

PT Wahana Indo Trada Tangerang 2004 Dealer/Dealership 100,00 100,00 269,55 241,97 (WIT) (a,b,c)

PT Wahana Wirawan Palembang Palembang 2002 Dealer/Dealership 100,00 95,10 80,12 72,16 (WWP) (a,b,c,e)

PT Wahana Niaga Lombok Lombok 2011 Dealer/Dealership 55,00 55,00 25,22 27,93 (WNL) (a,b,c,g)

PT United Indo Surabaya Surabaya 1997 Dealer/Dealership 51,00 51,00 302,69 180,25 (UIS) (b,c,d,e)

PT Wahana Sumber Baru Yogyakarta 2003 Dealer/Dealership 51,00 51,00 114,93 128,49 Yogya (WSBY) (a,b,c)

PT Wahana Meta Riau Riau 2002 Dealer/Dealership 51,00 51,00 115,49 116,06 (WMR) (a,b,c)

PT Wahana Sumber Tangerang 2004 Dealer/Dealership 51,00 51,00 91,95 83,33 Trada Tangerang

(WSTT) (a,b,c)

PT Wahana Rejeki Mobilindo Cirebon 2008 Dealer/Dealership 51,00 51,00 117,82 107,55 Cirebon (WRMC) (a,b,c)

PT Wahana Megahputra Makasar 2004 Dealer/Dealership 51,00 51,00 103,96 103,91 Makasar (WMPM) (a,b,c)

PT Wahana Senjaya Jakarta 2003 Dealer/Dealership 51,00 51,00 80,81 75,23 Jakarta (WSJ) (a,b,c)

PT Wahana Persada Jakarta 2005 Dealer/Dealership 51,00 51,00 75,43 72,84 Jakarta (WPJ) (a,b,c)

PT Wahana Sumber Lestari Samarinda 2007 Dealer/Dealership 51,00 51,00 58,20 61,94 Samarinda (WSLS) (a,b,c)

PT Wahana Inti Nusa Pontianak 2004 Dealer/Dealership 51,00 51,00 47,71 50,41 Pontianak (WINP) (a,b,c)

PT Wahana Lestari Balikpapan 2003 Dealer/Dealership 51,00 51,00 34,86 46,74 Balikpapan (WLB) (a,b,c)

PT Wahana Adidaya Kudus Kudus 2008 Dealer/Dealership 51,00 51,00 28,56 38,93 (WAK) (a,b,c)

PT Wahana Jaya Indah Jambi Jambi 2008 Dealer/Dealership 51,00 51,00 22,75 29,29 (WJIJ) (a,b,c)

PT Wahana Jaya Tasikmalaya Tasikmalaya 2010 Dealer/Dealership 51,00 51,00 16,24 28,71 (WJT) (a,b,c,j)

PT Indosentosa Trada Bandung 1995 Dealer/Dealership 50,50 50,50 850,95 694,67 (IST) (a,b,c)

PT Wahana Trans Lestari Medan 2004 Dealer/Dealership 50,50 50,50 113,99 117,48 Medan (WTLM) (a,b,c)

PT Wahana Sun Motor Semarang 2002 Dealer/Dealership 50,50 50,50 155,97 145,05 Semarang (WSMS) (a,b,c)

PT Wahana Sun Hutama Bandung 2006 Dealer/Dealership 50,50 50,50 94,08 86,55 Bandung (WSHB) (a,b,c)

PT Wahana Sun Solo Solo 2002 Dealer/Dealership 50,50 50,50 124,32 132,98 (WSS) (a,b,c)

PT Wahana Persada Lampung 2002 Dealer/Dealership 50,50 50,50 44,70 43,19 Lampung (WPL) (a,b,c)

(15)

d. Struktur Grup (lanjutan) d. The Group’s Structure (continued)

(a) _{Efektif pada tanggal 20 Februari 2012, kepemilikan efektif}

Perusahaan di IMGSL meningkat dari 99,50% menjadi 99,97% karena peningkatan modal IMGSL dengan cara mengkonversi utang IMGSL kepada Perusahaan sebesar Rp147milyar (Catatan 30.f.9).

Perubahan kepemilikan di IMGSL mengakibatkan perubahan kepemilikan efektif Perusahaan di IMFI, NA, IWT, WPTT, WW, karena peningkatan modal IMGSL yang diambil bagian seluruhnya oleh Perusahaan (Catatan 30.f.16).

Perubahan kepemilikan di IMGSL mengakibatkan perubahan kepemilikan efektif Perusahaan di IMFI, NA, IWT, WPTT, WW,

(c) _{Efektif pada tanggal 22 Februari 2013, kepemilikan efektif}

Perusahaan di IMGSL meningkat dari 99,98% menjadi 99,99% karena peningkatan modal IMGSL yang diambil bagian seluruhnya oleh Perusahaan (Catatan 30.f.43).

Perubahan kepemilikan di IMGSL mengakibatkan perubahan kepemilikan efektif Perusahaan di IMFI, NA, IWT, WPTT, WW,

(d) _{Efektif tanggal 9 Februari 2012, kepemilikan efektif Perusahaan}

di WICM meningkat dari 95,95% menjadi 99,93% karena peningkatan modal WICM yang diambil bagian seluruhnya oleh Perusahaan (Catatan 30.f.7).

Selanjutnya kepemilikan efektif Perusahaan di WICM, CSA dan IAC meningkat lagi menjadi masing-masing 100,00%, 100,00% dan 51,00% sebagai akibat peningkatan kepemilikan efektif Perusahaan di IMGSL (lihat poin ”a, b, dan c”).

Efektif 5 Februari 2013, kepemilikan efektif Perusahaan di WICM terdilusi menjadi 99,99% karena penjualan 143.562 saham milik Perusahaan kepada IMGSL (Catatan 30.f.50). Kepemilikan efektif Perusahaan di CSA dan IAC juga terdilusi dengan transaksi ini.

(e) _{Kepemilikan efektif Perusahaan di WWP meningkat menjadi}

95,10% sebagai akibat peningkatan kepemilikan efektif Perusahaan di IMGSL (lihat poin ”a, b, dan c”).

(f)

Kepemilikan efektif Perusahaan di IBAR meningkat menjadi 85,84% sebagai akibat peningkatan kepemilikan efektif Perusahaan di IMGSL (lihat poin ”a, b, dan c”).

(g) _{Kepemilikan efektif Perusahaan di WNL meningkat menjadi}

(h) _{Kepemilikan efektif Perusahaan di PSG meningkat menjadi}

(i) _{Kepemilikan efektif Perusahaan di EDJS meningkat menjadi}

(j) _{Kepemilikan efektif Perusahaan di WJT meningkat menjadi}

(k) _{Efektif 11 Maret 2013, seluruh saham Perusahaan di GMM dijual}

ke IMGSL, sehingga kepemilikan efektif Perusahaan di GMM menjadi 99,45% (Catatan 30.f.53).

Efektif 19 April 2013, kepemilikan efektif Perusahaan di GMM meningkat dari 99,45% menjadi 99,69%, karena peningkatan modal GMM sebesar Rp43.999.900.000 yang diambil bagian seluruhnya oleh IMGSL. (Catatan 30.f.57). Perubahan kepemilikan di GMM ini mengakibatkan perubahan kepemilikan efektif Perusahaan di WIP.

(l) _{Efektif tanggal 29 Februari 2012, kepemilikan efektif Perusahaan}

di IMUR meningkat dari 89,60% menjadi 99,97%, karena pembelian seluruh saham Murayama Industry Co. Ltd. (Jepang) di IMUR oleh IMGSL (Catatan 30.f.11).

(a)_{Effective on}_{February 20, 2012, the Company’s e}_ffective

ownership in IMGSL was increased from 99.50% to 99.97% because of the increase of IMGSL capital via debt to equity swap

conversion of IMGSL’s loan to the Company amounting to IAC, IMAT, IST, WSMS, WSS, WPL, WDPB, WTLM, WSHB, IMS, ISB, ICP, AEI, WNL and WWM. (Note 30.d)

(b) _{Effective on May 11, 2012, the Company’s effective ownership in}

IMGSL was increased from 99.97% to 99.98% because of IAC, IMAT, IST, WSMS, WSS, WPL, WDPB, WTLM, WSHB, IMS, ISB, ICP, AEI, WNL and WWM. (Note 30.d)

(c) _{Effective on February 22, 2013, the Company’s effective}

ownership in IMGSL was increased from 99.98% to 99.99% because of the increase of IMGSL capital which were all subscribed by the Company (Note 30.f.43).

Change of ownership in IMGSL affects the Company’s effective

ownership in IMFI, NA, IWT, WPTT, WW, IMGBT, WIT, CSA, WICM, ITN, IMT, WIP, IPN, UPM, WWP, IMUR, WISEL, IBAR, MMT, INTRAMA, PSG, EDJS, WJT, UIS, WMR, WSBY, WLB, WSJ, WMPM, WINP, WSTT, WPJ, WSLS, WAK, WRMC, WJIJ, IAC, IMAT, IST, WSMS, WSS, WPL, WDPB, WTLM, WSHB, IMS, ISB, ICP, AEI, WNL and WWM. (Note 30.d)

(d)_{Effective on}_{February 9, 2012, the Company’s effective ownership}

in WICM was increased from 95.95% to 99.93% due to the capital increase of WICM which were all subscribed by the Company (Note 30.f.7).

Further, the Company’s effective ownership in WICM, CSA and

IAC increased to 100.00%, 100.00% and 51.00%, respectively, as a result of the increase of the Company’s effective ownership in

IMGSL (see points “a, b, and c”).

Effective on February 5, 2013, the Company’s effective ownership

in WICM was diluted to 99.99% due to the sale of 143.562 shares owned by the Company to IMGSL (Note 30.f.50). The Company’s effective ownership in CSA and IAC also were diluted with this transaction.

(e) _{The Company’s effective ownership in WWP increased to 95.10%}

as a result of the increase of the Company’s effective ownership

in IMGSL (see points “a, b, and c”).

(f)_{The Company}_{’s effective ownership in IBAR increased to 85.84%}

(g) _{The Company’s effective ownership in WNL increased to 55.00%}

as a result of the increase of the Company’s effective ownership in IMGSL (see points “a, b, and c”).

(h) _{Further, the Company’s effective ownership in PSG increased to}

53.99% as a result of the increase of the Company’s effective ownership in IMGSL (see points “a, b, and c”).

(i) _{The Company’s effective}_{ownership in EDJS increased to 53.99%}

as a result of the increase of the Company’s effective ownership in IMGSL (see points “a, b, and c”).

(j) _{The Company’s effective ownership in WJT increased to 51.00%}

(k)_{Effective on March 11, 2013, all GMM shares owned by the}

Company was sold to IMGSL, therefore the Company’s ownership

in GMM became 99.45% (Note 30.f.53).

Effective on April 19, 2013, the Company’s effective ownership in GMM was increased from 99.45% to 99.69%, due to the capital increase of GMM amounting to Rp43,999,900,000 which was all subscribed by IMGSL. (Note 30.f.57). Change of ownership in

GMM affects the Company’s effective ownership in WIP.

(l)_Effective _{on February 29, 2012, the Company’s effective}

ownership in IMUR was increased from 89.60% to 99.97%, due to

the purchase of all Murayama Industry Co. Ltd. (Japan)’s shares

(16)

d. Struktur Grup (lanjutan) d. Group’s Structure (continued)

(m) _{Efektif tanggal 21 Februari 2012, kepemilikan efektif Perusahaan}

di CSA meningkat dari 96,60% menjadi 99,99% karena peningkatan modal CSA yang diambil bagian oleh Perusahaan (Catatan 30.f.8).

Selanjutnya kepemilikan efektif Perusahaan di CSA meningkat 99,99% sebagai akibat peningkatan kepemilikan efektif Perusahaan di IMGSL (lihat poin ”a, b, dan c”).

(n) _{Efektif 28 Mei 2012, kepemilikan efektif Perusahaan di WISEL}

meningkat dari 89,98% menjadi 99,98% karena pengalihan seluruh saham WISEL milik TIP kepada Perusahaan. Selanjutnya, efektif 12 Juni 2012, WISEL meningkatkan modal yang diambil bagian seluruhnya oleh IMGSL. Dan efektif 28 September 2012, WISEL meningkatkan modal sebesar Rp29.000.000.000 yang diambil bagian oleh para pemegang saham secara proporsional. Dengan demikian kepemilikan efektif Perusahaan di WISEL 99,98% (Catatan 30.f.17, 19 dan 30). Perubahan kepemilikan di WISEL ini mengakibatkan perubahan kepemilikan efektif Perusahaan di PSG dan EDJS.

(o) _{Efektif 15 Juni 2012, ITU dicatat secara konsolidasi oleh WISEL}

karena peningkatan modal ITU sebesar Rp60.000.000.000 yang diambil bagian oleh WISEL sebesar Rp45.000.000.000 dan Ibu LLI sebesar Rp15.000.000.000 (Catatan 30.f.20).

(p) _{Efektif 12 September 2012, IWT meningkatkan modalnya}

sebesar Rp50.000.000.000 yang diambil bagian seluruhnya oleh Perusahaan, sehingga kepemilikan efektif Perusahaan di IWT 99,99% (Catatan 30.f.29).

Efektif 23 November 2012, IWT meningkatkan modalnya sebesar Rp256.000.0000.000 yang diambil bagian seluruhnya oleh Perusahaan, sehingga kepemilikan efektif Perusahaan di IWT 99,99% (Catatan 30.f.39).

(q) _{Efektif 6 Desember 2012, ITN meningkatkan modalnya sebesar}

Rp256.000.000.000 yang diambil bagian seluruhnya oleh IWT, sehingga kepemilikan efektif Perusahaan di ITN 99,99% (Catatan 30.f.40).

(r)

Efektif 3 Desember 2012, CSM meningkatkan modalnya sebesar Rp50.000.000.000 yang diambil bagian seluruhnya oleh IWT, sehingga kepemilikan efektif Perusahaan di CSM meningkat dari 97,50% menjadi 97,96% (Catatan 30.f.38). Kemudian, efektif tanggal 29 Desember 2012, seluruh saham CSM milik Lim Li Lian dijual ke IWT. Dengan demikian, kepemilikan efektif Perusahaan di CSM meningkat menjadi 99,99% (Catatan 30.f.41).

(s) _{Efektif 20 November 2012 didirikan perusahaan baru dengan}

nama KIDI yang dimiliki oleh IMGSL dan pihak ketiga, sebesar masing-masing 51,00 dan 49,00%, sehingga kepemilikan efektif Perusahaan di KIDI adalah sebesar 50,99% (Catatan 30.f.31).

(t) _{Efektif 22 Januari 2013, Perusahaan membeli saham TIP dan}

IMC di IMJ (d/h MTA), sehingga Perusahaan memiliki penyertaan di IMJ sebesar 99,89% (Catatan 30.f.44).

(u) _{Efektif 18 Februari 2013 didirikan perusahaan baru dengan nama}

ISE yang dimiliki oleh WISEL dan pihak ketiga, sebesar masing-masing 51,00 dan 49,00%, sehingga kepemilikan efektif Perusahaan di ISE adalah sebesar 50,99% (Catatan 30.f.52).

(v) _{Efektif 19 Maret 2013, kepemilikan efektif Perusahaan di WIP}

terdilusi dari 99,98% menjadi 99,61% karena peningkatan modal WIP sebesar Rp20.000.000.000 yang diambil bagian seluruhnya oleh GMM (Catatan 30.f.48).

(w) _{Efektif 21 Mei 2013, WISEL membeli 51% saham di MKM milik}

Pihak Ketiga. Dengan demikian, Perusahaan memiliki penyertaan tidak langsung di MKM sebesar 50,99%. (Catatan 30.f.63)

(m)_{Effective on February 2}_{1, 2012, the Company’s effective}

ownership in CSA was increased from 96.60% to 99.99%, due to the capital increase of CSA which were all subscribed by the Company. (Note 30.f.8).

Further, the Company’s effective ownership in CSA increased to

99.99%% as a result of the increase of the Company’s effective

ownership in IMGSL (see points “a, b, and c”).

(n) _{Effective on May 28, 2012, the Company’s ownership in WISEL}

increased from 89.98% to 99.98% because of shares owned by TIP were all transferred to the Company. Furthermore, effective on June 12, 2012, WISEL increase its capital which were all subscribed by IMGSL. And effective on September 28, 2012, WISEL increased its capital amounting Rp29,000,000,000 which were all subscribed by the shareholders proportionately. However

the Company’s ownership in WISEL was 99.98% (Notes 30.f.17, 19 and 30).

Change ownership in WISEL affects the Company’s effective

ownership in PSG and EDJS.

(o)_{Effective on June 15, 2012, ITU was consolidated by WISEL}

because of ITU’s capital increase amounting to Rp60,000,000,000 which were subscribed by WISEL Rp45,000,000,000 and Mrs. LLI Rp15,000,000,000 (Note 30.f.20).

(p)_{Effective on September 12, 2012, IWT increased its capital}

amounting to Rp50,000,000,000 which were all subscribed by the Company, therefore the Company’s ownership in IWT is 99.99%

(Note 30.f.29). Effective on November 23, 2012, IWT increase its capital amounting to Rp256,000,000,000 which were all

subscribed by the Company, therefore the Company’s ownership

in IWT is 99.99% (Note 30.f.39).

(q)_{Effective on December 6, 2012, ITN increased its capital}

amounting to Rp256,000,000,000 which were all subscribed by

IWT, therefore the Company’s ownership in ITN is 99.99% (Note

30.f.40).

(r)_{Effective on December 3, 2012, CSM increased its capital}

amounting to Rp50,000,000,000 which were all subscribed by

IWT, therefore the Company’s ownership in CSM increased from

97.50% to 97.96% (Note 30.f.38). Furthermore, effective on December 29, 2012, all shares in CSM owned by Lim Li Lian were transferred to IWT. As a result, the Company’s ownership in CSM

increased to 99.99% (Note 30.f.41).

(s)_{Effective on November 20, 2012, a new company was established}

namely KIDI which is owned by IMGSL 51.00% and a third party

49.00%. The Company’s effective ownership in KIDI was 50.99% (Note 30.f.31).

(t)_{Effective on January 22, 2013, the Company bought TIP and}

IMC’s shares in IMJ (formerly MTA), therefore the Company has

99.89% ownership in IMJ (Note 30.f.44).

(u)_{Effective on February 18, 2013, a new company was established}

namely ISE which is owned by WISEL 51.00% and a third party

49.00%. The Company’s effective ownership in ISE was 50.99%

(Note 30.f.52).

(v) _{Effective on March 19, 2013, the Company’s effective ownership}

in WIP was diluted from 99.98% to 99.61% due to the capital increase of WIP amounting to Rp20,000,000,000 which were all subscribed by GMM (Note 30.f.48).

(w)_{Effective on May 21, 2013, WISEL purchased 51% shares of}

(17)

d. Struktur Grup (lanjutan) d. Group’s Structure (continued)

Penyertaan saham pada perusahaan asosiasi berikut dicatat dengan menggunakan metode ekuitas (Catatan 2i):

The investment in shares of stock of associated companies stated below accounted for under the equity method of accounting (Note 2i):

Persentase

Kepemilikan

Mulai Efektif/ Jumlah Aset

Beroperasi Effective (dalam miliar Rp)/

Secara Percentage Total Assets

Komersial/ of Ownership (in Rp billion)

Start of

Domisili/ Commercial Kegiatan usaha/ 30 Jun. 31 Des. 30 Jun. 31 Des. Entitas Induk/Company Domicile Operations Nature of Business 2013 2012 2013 2012

Perusahaan Asosiasi Langsung dan Tidak Langsung/ Directly and Indirectly Associated PT Car & Cars Indonesia (CCI) (c)

(50,00% dimiliki CSM/

50.00% owned by CSM) Jakarta 2001 Penyalur/Distributor 50,00 50,00 9,07 9,12 PT Indo VDO Instrument

(IVDO) (f)

(10,00% dimiliki Perusahaan dan 40,00% dimiliki IMGSL/ 10.00% owned by the Company

and 40.00% owned by IMGSL) Bekasi 1996 Pabrikasi/Manufacturing 50,00 49,99 - 18,21 PT Indo Citra Sugiron

(ICS) (e)

(10,00% dimiliki Perusahaan dan 40,00% dimiliki IMGSL/ 10.00% owned by the Company and 40.00%

owned by IMGSL) Jakarta 1991 Penyalur/Distributor 50,00 49,99 - -

PT Indo Trada Sugiron (ITS) (50,00% dimiliki IMGSL/

50.00% owned by IMGSL) Jakarta 2003 Penyalur/Distributor 50,00 49,99 25,54 25,48 PT Gunung Ansa

(GUNSA) (g) (49,98% dimiliki MCA/

49.98% owned by MCA) Jakarta 1981 Penyewaan tanah/Land Rental 49,98 49,98 53,50 51,80 PT Kyokuto Indomobil Manufacturing

Indonesia (KIMI) (b) (49,00% dimiliki IMGSL/

49.00% owned by IMGSL) Cikampek 2012 Pabrikasi/Manufacturing 49,00 48,99 106,13 105,15 PT Hino Motors Sales

Indonesia (HMSI) Jakarta 1982 Penyalur/Distributor 40,00 40,00 3.329,76 4.282,23 PT Nissan Motor Indonesia

(NMI) (a)

(11,34% dimiliki Perusahaan dan 13,66% dimiliki IMGSL/ 11.34% owned by the Company and 13.66%

owned by IMGSL) Jakarta 1998 Pabrikasi/Manufacturing 25,00 25,00 5.512,82 4.015,56 PT Nissan Motor Distributor

Indonesia (NMDI) (a) (25,00% dimiliki IMGSL/

25.00% owned by IMGSL) Jakarta 2001 Penyalur/Distributor 25,00 25,00 2.443,97 1.585,3 PT Jideco Indonesia (JDI)

(25,00% dimiliki IMGSL pada 31 Desember 2012)/ 25.00% owned by IMGSL as of

December 31, 2012) Purwakarta 1999 Pabrikasi/Manufacturing 25,00 25,00 227,22 210,69 PT Swadharma Indotama

Finance (SIF) Jakarta 1986 Jasa keuangan/Financing 24,56 24,56 874,81 947,9 PT Sumi Indo Wiring

Systems (SIWS) Jakarta 1992 Pabrikasi/Manufacturing 20,50 20,50 527,53 541,15 PT Vantec Indomobil Logistics

(VIL)

(20,00% dimiliki IMGSL/

20.00% owned by IMGSL) Jakarta 2011 Logistik/Logistics 20,00 20,00 179,07 24,74 PT Hamfred Technology

Indonesia (HTI) (d) (50,00% dimiliki TIP pada 31 Desember 2012)/ 50.00% owned by TIP as of

December 31, 2012) Jakarta 2001 Penyalur/Distributor - - - 1,50

PT Indo Masa Sentosa

(IMSA) (h) (30,00% dimiliki CSA/