02
Sekilas PT Dian Swastatika Sentosa Tbk. An Overview of PT Dian Swastatika Sentosa Tbk.06
Jejak Langkah Perseroan Company Milestone08
Informasi Perseroan Company Information10
Company Profile
Profil
Perusahaan
11
Nilai-Nilai Perseroan Company Values12
Ikhtisar Keuangan Penting Financial Highlights14
Ringkasan Kinerja Performance Highlights16
Ikhtisar Saham Share Highlights18
Permodalan dan Pemegang Saham Capital Shares and Shareholders20
Struktur Perusahaan Corporate Structure26
Struktur Organisasi Organization Structure27
Lini Bisnis Business Line28
02
30
Laporan Dewan Komisaris Report of the Board of Commissioners36
Profil Dewan Komisaris Profile of the Board of Commissioners42
Laporan Direksi Report of the Board of Directors48
Profil Direksi Profile of the Board of Directors54
Laporan Komite Audit Report of the Audit Committe56
Management
Reports and
Profile
Laporan
dan Profil
Manajemen
30
Daftar Isi
Management
Discussion and
Analysis
Analisis dan
Pembahasan
Manajemen
60
Corporate
Social
Responsibility
Tanggung
Jawab Sosial
Perusahaan
116
Corporate
Governance
Tata Kelola
Perusahaan
80
80
Tinjauan Umum Overview82
Rapat Umum Pemegang Saham General Meeting of Shareholders84
Dewan Komisaris Board of Commissioners87
Direksi Board of Directors92
Statement of ResponsibilityPernyataan
Pertanggungjawaban
123
Consolidated
Financial Statements
Laporan Keuangan
Konsolidasian
125
An Overview of PT Dian Swastatika Sentosa Tbk
Sekilas PT Dian Swastatika Sentosa Tbk
PT Dian Swastatika Sentosa Tbk (Perseroan) merupakan suatu perseroan terbatas yang didirikan pada tahun 1996 berdasarkan Hukum Negara Republik Indonesia dan berkedudukan di Jakarta Pusat, dengan kantor pusat operasional di Sinar Mas Land Plaza, Menara 2, Lantai 27, Jl. M.H. Thamrin No. 51, Jakarta Pusat 10350, dengan nomor telepon: (021) 31990258 dan nomor faksimili: (021) 31990259.
Perseroan dan anak-anak perusahaan menjalankan kegiatan usaha utama di bidang penyediaan tenaga listrik dan uap, pertambangan batubara, perdagangan besar serta infrastruktur dan multimedia di Indonesia. Perseroan didirikan di Jakarta pada tahun 1996 berdasarkan Akta Pendirian Perseroan Terbatas “PT Dian Swastatika Sentosa” No. 6 tanggal 2 Agustus 1996, sebagaimana diubah dengan Akta Perubahan No. 35 tanggal 8 Oktober 1996, keduanya dibuat di hadapan Linda Herawati, S.H., Notaris di Jakarta Pusat. Akta-akta tersebut telah memperoleh pengesahan dari Menteri Kehakiman Republik Indonesia (sekarang bernama Menteri Hukum dan Hak Asasi Manusia Republik Indonesia)berdasarkan Keputusan No. C2-9854. HT.01.01.TH’96 tanggal 28 Oktober 1996 dan telah didaftarkan dalam Daftar Perusahaan dengan TDP No. 09011609914 di Kantor Pendaftaran Perusahaan Kodya Jakarta Utara di bawah No. 83/BH.09.01/XII/96 tanggal 5 Desember 1996 serta telah diumumkan dalam Berita Negara Republik Indonesia No. 46 tanggal 10 Juni 1997, Tambahan No. 2258.
Perseroan beroperasi secara komersial sejak tanggal 1 Januari 1998 dengan mengoperasikan empat kompleks pembangkit
PT Dian Swastatika Sentosa Tbk (Company) constitutes a limited liability company established in 1996 pursuant to the Law of the Republic of Indonesia and domiciled in Central Jakarta with the operational head office at Sinar Mas Land Plaza, Tower 2, 27th Floor, Jl. M.H. Thamrin No. 51, Central Jakarta 10350, with
telephone number: (021) 31990258 and facsimile number: (021) 31990259.
The Company and its subsidiaries runs its core business activities in the sector of steam and electric power generation, coal mining, wholesale trading, infrastructure, and multimedia in Indonesia. The Company was established in Jakarta in 1996 pursuant to the Deed of Establishment of “PT Dian Swastatika Sentosa” Limited Liability Company No. 6 dated August 2, 1996, as amended by Deed of Amendment No. 35 dated October 8, 1996, both drawn up before Linda Herawati, S.H., Notary in Central Jakarta. Those deeds have already been endorsed by the Minister of the Justice (now Minister of Law and Human Rights of the Republic of Indonesia) pursuant to the Decree No. C2-9854.HT.01.01.TH’96 dated October 28, 1996 and has already been registered in Company Register (TDP) No. 09011609914 in the Companies Registration Office in North Jakarta under No. 83/BH.09.01/XII/96 dated December 5, 1996 and has been published in the State Gazette of the Republic of Indonesia No. 46 dated June 10, 1997, Supplement of the State Gazette No. 2258.
The Company has been in commercial operations since January 1, 1998 by operating 4 steam and electric power plant
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
and 1.336 ton/hour for steam power has already had ISO 9001:2008 Quality Management System for operations and maintenance. In 2004 Company merged its business with PT Supra Veritas and conducted business diversification for pulp, paper, and chemicals trading. In order to conduct an Initial Public Offering (IPO), Company amended its Articles of Association in accordance with the Regulation of Capital Market and Financial Institution Supervisory Agency (“Bapepam and LK”) No. IX.J.1–Attachment to the Decision of Chairman of Bapepam and LK No. Kep-179/ BL/2008 dated May 14, 2008 concerning main substance of Articles of Association of Company Conducting Public Offering of Equities and Public Companies, based on the Deed of Decision Statement of Company Shareholders No. 75 dated July 24, 2009, made before Linda Herawati, S.H., Notary in Central Jakarta. The deed has already been approved by the Minister of Law and Human Rights pursuant to the Decree No. AHU-36038.AH.01.02. Year 2009 dated July 29, 2009, registered in the Company Register No. AHU-0047539.AH.01.09. Year 2009 dated July 29, 2009, already been informed to Minister of Law and Human Rights of the Republic of Indonesia in accordance with the Receipt of Notification on Company Data Changes No. AHU-AH.01.10-12198 dated August 4, 2009; registered in the Company Register No. AHU-0049254.AH.01.09. Year 2009
dan 1.336 ton/jam untuk uap telah memiliki Sistem Manajemen Mutu ISO 9001 : 2008 untuk operasi dan pemeliharaan. Pada tahun 2004 Perseroan melakukan penggabungan usaha dengan PT Supra Veritas dan melakukan diversifikasi usaha ke bidang perdagangan pulp, kertas, dan bahan kimia. Dalam rangka melakukan Penawaran Umum Saham Perdana (IPO), Perseroan menyesuaikan Anggaran Dasarnya dengan Peraturan Badan Pengawas Pasar Modal dan Lembaga Keuangan (”Bapepam dan LK”) No. IX.J.1 - Lampiran Keputusan Ketua Bapepam dan LK No. Kep-179/BL/2008 tanggal 14 Mei 2008 tentang Pokok-pokok Anggaran Dasar Perseroan Yang Melakukan Penawaran Umum Efek Bersifat Ekuitas dan Perusahaan Publik, berdasarkan Akta Pernyataan Keputusan Para Pemegang Saham Perseroan No. 75 tanggal 24 Juli 2009, dibuat di hadapan Linda Herawati, S.H., Notaris di Jakarta Pusat. Akta tersebut telah memperoleh persetujuan dari Menteri Hukum dan Hak Asasi Manusia Republik Indonesia berdasarkan Keputusan No. AHU-36038.AH.01.02.Tahun 2009 tanggal 29 Juli 2009, didaftarkan dalam Daftar Perseroan No. AHU-0047539.AH.01.09.Tahun 2009 tanggal 29 Juli 2009, telah diberitahukan kepada Menteri Hukum dan Hak Asasi Manusia Republik Indonesia berdasarkan Penerimaan Pemberitahuan Perubahan Data Perseroan No. AHU-AH.01.10-12198 tanggal 4 Agustus 2009; pendaftaran dalam Daftar Perseroan No.
AHU-Perseroan dan anak-anak perusahaan
menjalankan kegiatan usaha utama di
bidang penyediaan tenaga listrik dan uap,
pertambangan batubara, perdagangan
besar serta infrastruktur, dan multimedia di
Indonesia.
The Company and its subsidiaries runs its core business activities in the sector of steam and electric power supply, coal mining, wholesale trading, infrastructure, and multimedia in Indonesia.
Shareholders No. 55 dated August 28, 2009, made before Linda Herawati, S.H., Notary in Central Jakarta, in connection with the amendment of Article 3 of Company’s Articles Association. The Deed has been approved by Minister of Law and Human Rights of the Republic of Indonesia pursuant to the Decree No. AHU-42753.AH.01.02. Year 2009 dated September 1, 2009 and has already been registered in the Company Register No. AHU-0057260.AH.01.09.Year 2009 dated September 1, 2009.
On December 10, 2009, the Company listed 770,552,320 shares in the Indonesia Stock Exchange (IDX). Proceeds of the IPO were invested in the development of coal mining in Sumatera and Kalimantan by taking over 99.99% shares of PT Golden Energy Mines Tbk (formerly PT Bumi Kencana Eka Sakti). This step was taken by the Company in order to respond to the market opportunities that is very large in the energy and mining sector.
On December 23, 2010, Company took over PT Rolimex Kimia Nusamas, a company engaging in fertilizer trading. Further, in order to create business synergy between power generation and coal mining business that has already been in operations, in year 2011 Company participated in PT PLN (Persero) tender for procuring PLTU (Coal-Fired Power Plant) Mine-Mouth IPP Sumsel 5 with capacities of 2 X 150 MW (IPP Sumsel-5 project). In August 2011, Company has been appointed as the preferred bidder by PLN for the procurement of IPP Sumsel-5 project. As the follow-up of the appointment, Company then established PT DSSP Power Sumsel as a Special Purpose Company (SPC) that will carry out IPP Sumsel-5 project. On November 3, 2011 PT DSSP Power Sumsel signed Power Purchase Agreement with PLN for the procurement of IPP Sumsel-5 project. The IPP Sumsel-5 project is expected to start its commercial operations in 2015.
On November 17, 2011, Company’s subsidiary, i.e. PT Golden Energy Mines Tbk listed its shares at IDX. Along with the shares listing of PT Golden Energy Mines Tbk, Company also took an important measure by forming a strategic alliance with GMR Coal Resources Pte. Ltd formerly called GMR Infrastructure Investments (Singapore) Pte. Ltd, a subsidiary of GMR Group, a leading infrastructure business group in India. In the strategic alliance, GMR Coal Resources Pte. Ltd. has 30% share ownership of PT Golden Energy Mines Tbk that was obtained through sales and direct transfer of 18% shares owned by the Company and through purchase of IPO shares equivalent of 12% ownership. This strategic alliance supported the achievement of Company’s and PT Golden Energy Mines Tbk’s strategic
Keputusan Para Pemegang Saham Perseroan No. 55 tanggal 28 Agustus 2009, dibuat di hadapan Linda Herawati, S.H., Notaris di Jakarta Pusat, yang isinya sehubungan dengan perubahan Pasal 3 Anggaran Dasar Perseroan. Akta tersebut telah memperoleh persetujuan Menteri Hukum dan Hak Asasi Manusia Republik Indonesia berdasarkan Keputusan No. AHU-42753.AH.01.02. Tahun 2009 tanggal 1 September 2009 dan telah didaftarkan dalam Daftar Perseroan No. AHU-0057260.AH.01.09.Tahun 2009 tanggal 1 September 2009.
Pada tanggal 10 Desember 2009, Perseroan mencatatkan 770.552.320 lembar saham di Bursa Efek Indonesia (BEI). Hasil penawaran umum saham perdana diinvestasikan untuk pengembangan pertambangan batubara di Sumatera dan Kalimantan dengan mengambil alih 99,99% saham PT Golden Energy Mines Tbk (dahulu bernama PT Bumi Kencana Eka Sakti). Langkah ini dilakukan Perseroan demi menjawab tantangan peluang pasar yang sangat besar di bidang usaha energi dan pertambangan.
Pada tanggal 23 Desember 2010, Perseroan mengambil alih PT Rolimex Kimia Nusamas, sebuah perusahaan yang bergerak dalam perdagangan pupuk. Selanjutnya, dalam rangka menciptakan sinergi usaha penyediaan tenaga listrik dan usaha penambangan batubara yang telah digeluti oleh Perseroan selama ini, pada tahun 2011 Perseroan mengikuti tender PT PLN (Persero) untuk pengadaan PLTU Mulut Tambang IPP Sumsel 5 yang berkapasitas 2 X 150 MW (“Proyek IPP Sumsel-5”). Pada bulan Agustus 2011, Perseroan telah ditunjuk sebagai preferred
bidder oleh PLN untuk pengadaan Proyek IPP Sumsel-5
tersebut. Sebagai tindak lanjut penunjukan tersebut, Perseroan kemudian mendirikan PT DSSP Power Sumsel sebagai Special
Purpose Company (SPC) yang akan menjalankan Proyek IPP
Sumsel-5. Pada tanggal 3 November 2011 PT DSSP Power Sumsel telah menandatangani Power Purchase Agreement dengan PLN untuk pengadaan Proyek IPP Sumsel-5. Proyek IPP Sumsel-5 ini diharapkan dapat beroperasi secara komersial mulai tahun 2015.
Pada tanggal 17 November 2011, anak perusahaan Perseroan yaitu PT Golden Energy Mines Tbk mencatatkan sahamnya di BEI. Bersamaan dengan pencatatan saham PT Golden Energy Mines Tbk tersebut, Perseroan juga mengambil langkah penting dengan membentuk aliansi strategis bersama dengan GMR Coal Resources Pte. Ltd., [sebelumnya bernama GMR Infrastructure Investments (Singapore) Pte. Ltd.], yang merupakan anak perusahaan GMR Group, sebuah kelompok usaha infrastruktur terkemuka di India. Dalam aliansi strategis tersebut, GMR Coal Resources Pte. Ltd. menguasai 30% kepemilikan saham pada PT Golden Energy Mines Tbk yang diperoleh melalui penjualan dan pengalihan langsung 18% saham milik Perseroan dan pembelian saham IPO ekuivalen dengan 12% kepemilikan. Aliansi
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
vision and mission to develop the market of coals in Indonesia and to realize further expansion plan in the future.
To carry out development of the coal business, in year 2012, the Company through its subsidiary, PT Bumi Kencana Eka Sejahtera acquired PT Andalan Satria Lestari which has 8 (eight) subsidiaries that hold mining licenses for coal concession areas located in Musi Banyuasin District, South Sumatera Province.
The Company also has conducted expansion and diversification of its business operations by acquiring PT Mora Quatro Multimedia on December 26, 2012. PT Mora Quatro Multimedia is a company engaging in the field of broadband multimedia.
On April 10, 2013, the Company’s subsidiary, PT DSSA Mas Sejahtera and Excite Japan Co. Ltd. signed a joint venture agreement. As the result of the joint venture agreement, PT Excite Indonesia was established on June 4, 2013.
Further on May 23, 2013, groundbreaking of IPP Sumsel-5 project was conducted by PT DSSP Power Sumsel. This was an indication that PT DSSP Power Sumsel has officially started the activities of constructing IPP Sumsel-5 project. The development IPP Sumsel-5 project is expected to be completed in 2015 and starts operating commercially in the same year.
On July 11, 2013, the Company and United Fiber System Ltd signed a Share Purchase Agreement, in relation to the plan of Company’s equity participation in United Fiber System Ltd and the sale of all PT Golden Energy Mines Tbk shares owned by the Company to United Fiber System Ltd, of which the transactions are inseparable. Implementation of the proposed transaction above depends on the fulfillment or waiver (if possible) of the conditions precedents as regulated in the Share Purchase Agreement. Up to today, the parties still do their best efforts to fulfill the conditions precedents.
With a healthy financial profile and diversity in its business
strategis ini mendukung pencapaian visi dan misi strategis bagi Perseroan maupun PT Golden Energy Mines Tbk untuk mengembangkan pasar batubara di Indonesia dan merealisasikan rencana ekspansi lanjutan di masa yang akan datang. Untuk melakukan pengembangan bisnis batu bara, pada tahun 2012, Perseroan melalui anak perusahaannya, PT Bumi Kencana Eka Sejahtera mengambilalih PT Andalan Satria Lestari yang mempunyai 8 (delapan) anak perusahaan yang memiliki Izin Usaha Pertambangan untuk wilayah konsesi batubara yang terletak di Kabupaten Musi Banyuasin, Propinsi Sumatera Selatan.
Perseroan juga melakukan ekspansi dan diversifikasi bisnis usaha dengan mengambilalih PT Mora Quatro Multimedia pada tanggal 26 Desember 2012. PT Mora Quatro Multimedia adalah sebuah perusahaan yang bergerak di bidang broadband
multimedia.
Tanggal 10 April 2013, anak perusahaan Perseroan, PT DSSA Mas Sejahtera dan Excite Japan Co. Ltd. menandatangani perjanjian usaha patungan. Hasil dari perjanjian usaha patungan tersebut adalah dengan didirikannya PT Excite Indonesia pada tanggal 4 Juni 2013.
Kemudian pada tanggal 23 Mei 2013, dilakukan peletakan batu pertama proyek PLTU IPP Sumsel-5 oleh PT DSSP Power Sumsel. Hal ini menunjukkan bahwa PT DSSP Power Sumsel telah secara resmi memulai kegiatan pembangunan PLTU IPP Sumsel-5. Pembangun PLTU IPP Sumsel-5 tersebut diharapkan dapat selesai pada tahun 2015 dan mulai beroperasi secara komersial pada tahun yang sama.
Pada tanggal 11 Juli 2013, Perseroan dan United Fiber System Ltd. telah menandatangani Share Purchase Agreement, terkait rencana penyertaan modal Perseroan pada United Fiber System Ltd. dan penjualan seluruh saham PT Golden Energy Mines Tbk yang dimiliki oleh Perseroan kepada United Fiber System Ltd, yang mana transaksi tersebut merupakan satu kesatuan transaksi yang tidak dapat dipisahkan. Pelaksanaan rencana transaksi tersebut di atas bergantung pada pemenuhan atau pengesampingan (jika memungkinkan) syarat-syarat pendahuluan sebagaimana diatur dalam Share Purchase
Agreement tersebut. Hingga saat ini, para pihak masih
memberikan upaya terbaiknya untuk memenuhi syarat-syarat pendahuluan tersebut.
Company Milestone
Jejak Langkah Perseroan
Perseroan mencatatkan sahamnya di Bursa Efek Indonesia dengan kode “DSSA”.
The Company listed its shares “DSSA” at Indonesia Stock Exchange. Perseroan mengambil alih 99,99% kepemilikan saham dalam PT Golden Energy Mines Tbk (dahulu bernama PT Bumi Kencana Eka Sakti).
The Company acquired 99.99% share ownership of PT Golden Energy Mines Tbk (formerly PT Bumi Kencana Eka Sakti).
Perseroan melakukan merger dengan PT Supra Veritas.
Company merged with PT Supra Veritas.
Perseroan mulai beroperasi secara komersial dengan mengoperasikan 4 pembangkit listrik dan uap.
The Company commenced its commercial operation by operating 4 steam and electric power plants. PT Dian Swastatika Sentosa didirikan. PT Dian Swastatika Sentosa was established.
1996
1998
2004
2009
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
Perseroan mengambil alih 99,5% kepemilikan saham PT Rolimex Kimia Nusamas. The Company acquired 99.5% share ownership of PT Rolimex Kimia Nusamas.
Perseroan melalui anak perusahaannya PT DSSP Power Sumsel menandatangani Power Purchase Agreement dengan PLN untuk jangka waktu 25 tahun.
Company through its subsidiary PT DSSP Power Sumsel signed a Power Purchase Agreement for a period of 25 years with PLN.
PT Bumi Kencana Eka Sejahtera, anak perusahaan Perseroan mengambil alih PT Andalan Satria Lestari yang mempunyai beberapa konsesi tambang batubara di daerah Sumatera Selatan.
PT Bumi Kencana Eka Sejahtera, a Company’s subsidiary, acquired PT Andalan Satria Lestari which holds several coal mining concessions in South Sumatera.
Perseroan mengambil alih 70% kepemilikan saham dalam PT Mora Quatro Multimedia, sebuah perusahaan yang bergerak di bidang broadband multimedia. Company acquired 70% share ownership of PT Mora Quatro Multimedia, which engages in broadband multimedia business. Peletakan batu pertama Pembangunan PLTU IPP Sumsel-5
Groundbreaking of IPP Sumsel-5 project construction. PT Mora Quatro Multimedia, anak Perusahaan Perseroan, menandatangani perjanjian induk pembangunan jaringan serat optik dengan PT Huawei Tech Investment dan PT Fiberhome Technologies Indonesia PT Mora Quatro Multimedia, Company’s subsidiary, signed master agreement on the development of fiber optic network with PT Huawei Tech Investment and PT Fiberhome Technologies Indonesia. PT Golden Energy Mines Tbk melakukan pencatatan saham di Bursa Efek Indonesia dan Perseroan membentuk aliansi strategis dengan GMR Coal Resources Pte. Ltd.
PT Golden Energy Mines Tbk listed its shares at Indonesia Stock Exchange and the Company established strategic
Company Information
Informasi Perseroan
PT Dian Swastatika Sentosa Tbk
Tanggal Berdiri 2 Agustus 1996 Alamat Perseroan Sinar Mas Land Plaza Menara 2, Lantai 27
Jl. M. H. Thamrin No. 51, Jakarta Pusat 10350 No. Telepon
62-21-31990258 No. Fax 62-21-31990259 Tanggal Tercatat di Bursa 10 Desember 2009 Modal Dasar 2.400.000.000 saham
Modal Ditempatkan dan Disetor
Date of Establishment
August 2, 1996
Company Address
Sinar Mas Land Plaza Tower II, 27th Floor
Jl. M. H. Thamrin No. 51, Central Jakarta 10350
Telephone Number 62-21-31990258 Facsimile Number 62-21-31990259 Listing Date December 10, 2009 Authorized Capital 2,400,000,000 shares
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
Jumlah Saham Tercatat di Bursa 770.552.320 saham
Nilai Nominal per saham Rp 250,-/saham Pemegang Saham
PT Sinar Mas Tunggal 59,90% Masyarakat 40,10% Website
www.dss.co.id Akuntan Publik
Mulyamin Sensi Suryanto & Lianny
Anggota Moore Stephens International Limited Menara Intiland, Lantai 7
Jl. Jenderal Sudirman, Kav. 32 Telepon : 62-21-5708111
Number of Shares Listed on IDX
770,552,320 shares
Nominal Value per Share
Rp 250,-/shares
Shareholders
PT Sinar Mas Tunggal 59.90%
Public 40.10%
Website
www.dss.co.id
Public Accountant
Mulyamin Sensi Suryanto & Lianny
Independent Member of Moore Stephens International Limited. Intiland Tower, 7th Floor
Jl. Jenderal Sudirman, Kav. 32 Telephone : 62-21-5708111
Company Vision and Mission
Visi dan Misi Perseroan
Visi
Menjadi perusahaan terkemuka di bidang energi dan infrastruktur
di Indonesia.
Vision
Becoming a leading energy and infrastructure company in Indonesia.
Misi
Menciptakan pertumbuhan usaha berkesinambungan dengan
memberikan solusi terbaik bagi pelanggan.
Mission
Creating sustainable growth for our business by providing the right
solutions for our customers.
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
Company Values
Nilai-Nilai Perseroan
INTEGRITAS
Integrity
SIKAP POSITIF
Positive Attitude
LOYALITAS
Loyalty
KOMITMEN
Commitment
INOVASI
Innovation
PERBAIKAN
BERKESINAMBUNGAN
Continuous Improvement
Laporan Posisi Keuangan Konsolidasian
Dalam Dolar Amerika Serikat 2013 2012 2011
Consolidated Statement of Financial Position In U.S. Dollar
Aset Lancar 411.123.743 585.868.967 796.638.294 Current Assets
Aset Tidak Lancar 789.806.337 630.342.319 488.799.931 Noncurrent Assets
Jumlah Aset 1.200.930.080 1.216.211.286 1.285.438.225 Total Assets
Liabilitas Jangka Pendek 199.118.663 171.642.058 240.947.427 Current Liabilities
Liabilitas Jangka Panjang 136.576.723 129.557.708 131.672.293 Noncurrent Liabilities
Jumlah Liabilitas 335.695.386 301.199.766 372.619.720 Total Liabilities
Kepentingan nonpengendali 83.697.735 103.084.735 103.419.221 Non-controlling Interests
Jumlah Ekuitas 865.234.694 915.011.520 912.818.505 Total Equity
Modal Kerja Bersih 212.005.080 414.226.909 555.690.867 Net Working Capital
Jumlah Investasi dalam Saham 81.956.525 46.161.297 47.229.314 Total Investment in Shares of Stocks
Laporan Laba Rugi Komprehensif Konsolidasian
Dalam Dolar Amerika Serikat 2013 2012 2011
Consolidated Statement of Comprehensive Income In U.S. Dollar
Pendapatan Usaha 606.817.886 629.229.559 590.134.045 Revenues
Beban Pokok Penjualan 508.049.920 531.154.442 461.270.183 Cost of Revenues
Laba Kotor 98.767.966 98.075.117 128.863.862 Gross Profit
Laba Usaha 1.482.226 12.846.684 55.293.197 Income from Operations
Laba (Rugi) Bersih Tahun Berjalan (10.162.405) 22.950.985 34.817.112 Net Income (Loss) for the Year
Laba (Rugi) Komprehensif Tahun Berjalan (43.527.537) 2.997.593 44.791.315 Total Comprehensive Income (Loss) for the Year
Laba (Rugi) Bersih yang dapat diatribusikan kepada
Pemilik Entitas Induk (15.642.246) 16.062.592 33.622.316
Net Income (Loss) Attributable to Owners of the Company
Laba (Rugi) Bersih yang dapat diatribusikan kepada
Kepentingan Nonpengendali 5.479.841 6.888.393 1.194.796
Net Income (Loss) Attributable to Non-controlling Interests
Laba (Rugi) Komprehensif yang dapat diatribusikan
kepada Pemilik Entitas Induk (30.389.826) 2.286.091 43.668.585
Comprehensive Income (Loss) Attributable to Owners of the Company
Laba (Rugi) Komprehensif yang dapat diatribusikan
kepada Kepentingan Nonpengendali (13.137.711) 711.502 1.122.730
Comprehensive Income (Loss) Attributable to Non-controlling Interests
Laba (Rugi) Bersih per saham dasar diatribusikan
kepada Pemilik Entitas Induk (0,020) 0,021 0,044
Basic Earnings (Loss) per Share Attributable to Owners of the Company
Financial Highlights
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
Data Saham 2013 2012 2011 Share Information
Jumlah Saham Beredar (lembar) 770.552.320 770.552.320 770.552.320 Issued Shares (number)
Rasio Keuangan 2013 2012 2011 Financial Ratio
Rasio (Rugi) Laba terhadap Aset -0,85% 1,89% 2,71% Return on Asset
Rasio (Rugi) Laba terhadap Ekuitas -1,17% 2,51% 3,81% Return on Equity
Marjin Laba Kotor 16,28% 15,59% 21,84% Gross Profit Margin
Margin Laba Bersih -1,67% 3,65% 5,90% Net Profit Margin
Rasio Lancar 206% 341% 331% Current Ratio
Rasio Liabilitas terhadap Ekuitas 38,80% 32,92% 40,82% Liabilities to Equity Ratio
Rasio Liabilitas terhadap Aset 27,95% 24,77% 28,99% Liabilities to Assets Ratio
Rasio Liabilitas terhadap Pendapatan 55,32% 47,87% 63,14% Liabilities to Revenues Ratio
Rasio Harga terhadap Laba (per saham) -54,56 66,97 28,70 Price - Earning Ratio
Tingkat Perputaran Persediaan 8,99 9,28 9,83 Inventory Turnover
Tingkat Perputaran Aset Tetap 1,95 2,36 2,35 Fixed Asset Turnover
Performance Highlights
Ringkasan Kinerja
Pendapatan Revenues 2013 2012 Turun Decrease3,56 %
2012 hingga 2013 2012 to 2013 Laba Kotor Gross Profit Laba UsahaIncome From Operations
Laba (Rugi) Bersih Tahun Berjalan
Net Income (Loss) For The Year
2013 2012 Naik Increase
0,71 %
2012 hingga 2013 2012 to 2013 2013 2012 Turun Decrease88,46%
2012 hingga 2013 2012 to 2013 2013 (10.162.405) 2012 22.950.985 Turun Decrease144,28%
2012 hingga 2013 2012 to 2013 -50 -40 -30 -20 -10 0 10 20 30 40 50 60 70 80 90 100 110 120 130 140 150 120 80 30 60 100 140 10 20 40 50 70 90 110 130 150 0 -20 -10 -40 -30 -50 1.482.226 12.846.684 120 80 30 60 100 140 10 20 40 50 70 90 110 130 150 0 -20 -10 -40 -30 -50 98.767.966 98.075.117 606.817.886 629.229.559 1200 800 300 600 1000 1400 100 200 400 500 700 900 1100 1300 1500 0 -200 -100 -400 -300 -500Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
Laba (Rugi) Komprehensif Tahun Berjalan
Comprehensive Income (Loss) for the Year
Aset Asset Liabilitas Liabilities Ekuitas Equity 2013 (43.527.537) 2012 2.997.593 Turun Decrease
1.552,08%
2012 hingga 2013 2012 to 2013 2013 2012 Turun Decrease1,26%
2012 hingga 2013 2012 to 2013 2013 2012 Naik Increase11,45%
2012 hingga 2013 2012 to 2013 2013 2012 Turun Decrease5,44%
2012 hingga 2013 120 80 30 60 100 140 10 20 40 50 70 90 110 130 150 0 -20 -10 -40 -30 -50 1200 800 300 600 1000 1400 100 200 400 500 700 900 1100 1300 1500 0 -200 -100 -400 -300 -500 1.200.930.080 1.216.211.286 335.695.386 301.199.766 865.234.694 915.011.520 1200 800 300 600 1000 1400 100 200 400 500 700 900 1100 1300 1500 0 -200 -100 -400 -300 -500Share Highlights
Ikhtisar Saham
KRONOLOGI PENCATATAN SAHAM
Saham Perseroan tercatat dan diperdagangkan pada Bursa Efek Indonesia sejak tanggal 10 Desember 2009 dengan kode saham DSSA. Perseroan mencatatkan 770.552.320 lembar saham dengan harga saham Perseroan pada saat penawaran umum perdana (IPO) adalah sebesar Rp 1.500 per saham. Saham Perseroan ditutup pada harga Rp 13.500,- pada akhir tahun 2013, dengan kapitalisasi pasar sebesar Rp. 10.402.456.320.000,-. KINERJA SAHAM
Pergerakan harga dan volume perdagangan saham Perseroan (DSSA) di Bursa Efek Indonesia selama tahun 2013 adalah sebagai berikut:
Jumlah Saham Diperdagangkan Per Triwulan
Tabel berikut menunjukkan harga saham kuartalan tertinggi, terendah dan penutupan serta volume perdagangan saham Perseroan selama tahun 2012 dan tahun 2013:
CHRONOLOGY OF SHARES LISTING
Company’s shares have been listed and traded at Indonesia Stock Exchange since December 10, 2009 with code of DSSA. The Company listed 770,552,320 shares with share price at Initial Public Offering (IPO) at Rp 1,500 per share. Company’s shares were closed at Rp 13,500 by end of 2013, with market capitalization of Rp 10,402,456,320,000.
SHARE PERFORMANCE
Price movement and trading volume of Company’s shares (DSSA) at Indonesia Stock Exchange during 2013 are as follows:
Number of Shares Traded Per Quarter
The following table shows quarterly highest price, lowest price, closing price, and trading volume of shares during 2012 and 2013: 18.450 10.300 13.500 592.500 14.800 11.500 14.000 131.500 14.000 13.000 13.000 74.000 14.300 13.000 13.600 155.500 Q1 Q2 Q3 Q4 Tertinggi Highest Terendah Lowest Penutupan Closing
Jumlah Saham Diperdagangkan
Total Trading Volume
13.800 13.600 13.600 38.500 16.500 13.500 14.500 71.500 14.500 13.500 13.500 10.000 13.600 13.500 13.500 5.000 2013 2012 Periode Period Q1 Q2 Q3 Q4 2013 592.500 131.500 155.500 2012
Jumlah Saham Diperdagangkan
Total Trading Volume
700.000 600.000 500.000 400.000 300.000 200.000
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
Jumlah Saham Diperdagangkan Per Bulan
Tabel berikut menunjukan harga saham bulanan tertinggi, terendah, penutupan, dan jumlah saham diperdagangkan sepanjang tahun 2013:
Number of Shares Traded Per Month
The following table shows monthly highest price, lowest price, closing price, and trading volume of shares throughout the year 2013: 13.600 13.500 13.500 4.000 13.500 13.500 13.500 500 16.500 13.500 16.000 32.500 16.000 14.500 14.500 7.000 14.500 14.000 14.000 5.500 14.000 14.000 14.000 500 14.000 13.500 13.500 4.000 13.500 13.500 13.500 500 Mei Jun Jul Ags Sep Okt
Tertinggi Highest Terendah Lowest Penutupan Closing
Jumlah Saham Diperdagangkan
Total Trading Volume
13.650 13.600 13.600 5.500 13.800 13.600 13.600 29.000 13.700 13.600 13.600 4.000 13.650 13.500 13.500 32.000 2013 Periode
Period Jan Feb Mar Apr Nov Des
5.500 29.500
32.000
Jumlah Saham Diperdagangkan
Total Trading Volume
50.000 40.000 30.000 20.000 10.000 0 20.000 16.000 12.000 8.000 4.000
Jan Feb Mar Apr Mei Jun Jul Ags Sep Okt Nov Des
4.000 7.000 5.500 4.000 500 32.500 500 4.000 500 Harga Saham Share Price
Capital Shares and Shareholders
Permodalan dan Pemegang Sa
ham
STRUKTUR PERMODALAN DAN KOMPOSISI PEMEGANG SAHAM
Struktur Permodalan Perseroan dan Komposisi pemegang saham Perseroan berdasarkan catatan dari Biro Administrasi Efek, PT Sinartama Gunita, per 31 Desember 2013 adalah sebagai berikut:
CAPITAL STRUCTURE AND SHAREHOLDING COMPOSITION
Capital Structure of the Company based on the record of Share Administration Bureau, PT Sinartama Gunita, as of December 31, 2013 is as follows:
Komposisi pemegang saham Perseroan berdasarkan catatan dari Biro Administrasi Efek, PT Sinartama Gunita, per 31 Desember 2013 adalah sebagai berikut :
The composition of Company’s shareholders based on the record of Share Administration Bureau, PT Sinartama Gunita, as of December 31, 2013 is as follows:
Keterangan /
Information
Nilai Nominal Rp. 250,- per saham /
Nominal Value of Rp. 250,- per share Jumlah Saham (Lembar)
Number of Shares Nilai Nominal (Rp) Nominal Values (Rp) % 2.400.000.000 770.552.320 461.552.320 309.000.000 1.629.447.680 600.000.000.000 192.638.080.000 115.388.080.000 77.250.000.000 407.361.920.000 100 59,90 40,10 Modal Dasar Authorized Capital
Modal Ditempatkan dan Disetor
Issued and Paid-Up Capital
Pemegang Saham
Shareholders
1. PT Sinar Mas Tunggal
PT Sinar Mas Tunggal
2. Masyarakat
Public
Saham Dalam Portepel Treasury Stocks
PT Sinar Mas Tunggal Public
Pemegang Saham
Shareholders
59,90%
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
KELOMPOK PEMEGANG SAHAM
Berikut adalah daftar kelompok pemegang saham Perseroan :
SHAREHOLDER GROUPS
The following is the list of Company’s shareholder groups :
PEMEGANG SAHAM UTAMA ULTIMATE SHAREHOLDERS
2.950.500 473.532.820 537.500 273.934.673 19.595.327 770,550,820 0,38% 61,46% 0,07% 35,55% 2,54% 100% Pemodal Dalam Negeri
Domestic Investor
Broker
Broker
Perusahaan Terbatas NPWP
Limited Company Taxpayer ID No. (NPWP)
Perorangan Individuals Pemodal Asing Foreign Investor Institusi Institutions Perorangan Individuals Total Total Kepemilikan Ownership Jumlah Saham (Rp.) Number of Shares (Rp) Persentase Percentage PT SINAR MAS *
PT SINAR MAS TUNGGAL
MASYARAKAT
PUBLIC
TEGUH GANDA WIJAYA
PT DIAN SWASTATIKA SENTOSA Tbk
INDRA WIDJAJA MUKTAR
WIDJAJA FRANKY OESMAN WIDJAJA
90,84%
59,90% 40,10%
GEMS Coal Resources Pte. Ltd.
Corporate Structure
Struktur Perusahaan
PT Dian Swastatika Sentosa Tbk
Andalan Satria Lestari Golden Energy Mines Tbk Bumi Anugerah Semesta Borneo Indobara Trisula Kencana Sakti GEMS Coal Resources Pte. Ltd. Roundhill Capital Indonesia Bara Harmonis Batang Asam Bungo Bara Utama Berkat Nusantara Permai Karya Cemerlang Persada Tanjung Belit Bara Utama Kuansing Inti Makmur Bumi Kencana Eka Sejahtera
Citra Alam Indah
Rimba Subur Lestari Andalan Satria Abadi Buana Bara Ekapratama Duta Alam Ekapratama
Nusa Indah Permai Manggala Alam
Lestari Citra Alam Cahaya
Buana Inti Citraprima
Cahaya Nusa Pratama
Duta Alam Jaya
Wahana Alam Lestari
Nusantara Indah Lestari
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
Rolimex Kimia Nusamas Rolimex Suburin Hutani Persada DSSP Energi Sejahtera DSSP Power Sumsel Sinarmas Sukses Sejahtera
Buana Bumi Energi
Mora Quatro Multimedia Excite Indonesia DSSA Mas Sejahtera per 31 Desember 2013 as of December 31, 2013 DSSA Mas Infrastruktur
Pemilikan Langsung
DAFTAR ANAK PERUSAHAAN
Pemilikan Tidak Langsung
Direct Ownership LIST OF SUBSIDIARIES Indirect Ownership Keterangan / Notes Keterangan / Notes Alamat / Address Alamat / Address Bidang Usaha / Lines of Business Bidang Usaha / Lines of Business Kepemilikan (%) / Ownership (%) Kepemilikan (%) / Ownership (%) Status Operasi / Operational Status Status Operasi / Operational Status PT Golden Energy Mines Tbk
PT Bumi Kencana Eka Sejahtera
PT DSSP Energi Sejahtera
PT Rolimex Kimia Nusamas
PT DSSA Mas Sejahtera
PT DSSA Mas Infrastruktur
PT Kuansing Inti Makmur
PT Bara Harmonis Batang Asam
PT Bungo Bara Utama
PT Berkat Nusantara Permai
PT Karya Cemerlang Persada
Sinar Mas Land Plaza, Tower II, 6th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 ITC Cempaka Mas Office Tower, 10th Floor
Jl. Letjen Suprapto Kav. 1 Central Jakarta 10640 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350
Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350
Desa Tanjung Belit, Tanjung Belit-Jujuhan, Muara Bungo, Kabupaten Bungo, Jambi
Desa Tanjung Belit, Tanjung Belit-Jujuhan, Muara Bungo, Kabupaten Bungo, Jambi
Jl. Rangkayo Hitam, Muara Bungo, Kabupaten Bungo, Jambi
Desa Tanjung Belit, Tanjung Belit-Jujuhan, Muara Bungo, Kabupaten Bungo, Jambi
Desa Tanjung Belit, Tanjung Belit-Jujuhan, Muara Bungo, Kabupaten
66,99 99,99 99,90 99,50 99,99 99,99 66,99 66,99 66,99 66,99 66,99 Perdagangan Batubara Coal Trading Perdagangan Batubara Coal Trading Perdagangan, pembangunan, industri, dan jasa Trading, construction, industry, and services Perdagangan Trading
Perdagangan, pembangunan, industri, jasa, dan pengangkutan darat
Trading, construction, industry, services, and land logistic
Perdagangan, pembangunan, industri, perbengkelan, jasa, dan angkutan Trading, construction, industry, workshop, services, and transportation Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Beroperasi Operating Beroperasi Operating Tidak Beroperasi Non-Operating Beroperasi Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Beroperasi Operating Beroperasi Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Beroperasi Operating
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
PT Tanjung Belit Bara Utama
PT Trisula Kencana Sakti
PT Roundhill Capital Indonesia
PT Borneo Indobara
GEMS Coal Resources Pte. Ltd.
PT Bumi Anugerah Semesta
PT Citra Alam Indah
PT Andalan Satria Lestari
PT Buana Bara Ekapratama
PT Buana Inti Citrapratama
PT Duta Alam Ekapratama
PT Citra Alam Cahaya
PT Andalan Satria Abadi
PT Cahaya Nusa Pratama
PT Rimba Subur Lestari
Jl. Rangkayo Hitam, Muara Bungo, Kabupaten Bungo, Jambi
Jl. Padat Karya No. 7, RT 19 RW 06, Lanjas-Teweh Tengah, Barito Utara, Central Kalimantan Sinar Mas Land Plaza , Tower II, 7th Floor
Jl. MH Thamrin No 51, Central Jakarta 10350 Sinar Mas Land Plaza , Tower II, 7th Floor
Jl. MH Thamrin No 51, Central Jakarta 10350 1 Raffles Place #28-02, One Raffles Place Singapore
Sinar Mas Land Plaza , Tower II, 7th Floor
Jl. MH Thamrin No 51, Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Griya Pramuka Blok A-9, Jl. Lintas Palembang-Sekayu, Kelurahan 66,99 46,90 67,32 66,70 66,99 66,99 99,99 99,99 99,99 99,99 99,99 99,99 99,99 99,99 99,99 Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Penyertaan Saham Holding Company Pertambangan Batubara Coal Mining Perdagangan Besar Trading Perdagangan Besar Trading Perdagangan Besar Trading Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Pertambangan Batubara Coal Mining Tidak Beroperasi Non-Operating Beroperasi Operating Tidak Beroperasi Non-Operating Beroperasi Operating Beroperasi Operating Tidak Beroperasi Non-Operating Beroperasi Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating
PT Wahana Alam Lestari
PT Nusantara Indah Lestari
PT Manggala Alam Lestari
PT Nusa Indah Permai
PT DSSP Power Sumsel
PT Buana Bumi Energi
PT Sinarmas Sukses Sejahtera
PT Mora Quatro Multimedia
PT Excite Indonesia
PT Rolimex Suburin Hutani Persada
Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Griya Pramuka Blok A-9, Jl. Lintas Palembang-Sekayu, Kelurahan Kayuara, Kec. Sekayu, Kabupaten Musi Banyuasin South Sumatera Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 Graha 9 Building, 4th Floor
Jl. Penataran No. 9, Proklamasi, Central Jakarta 10320 Sinar Mas Land Plaza, Tower II, 27th Floor
Jl. MH. Thamrin No. 51 Central Jakarta 10350 ITC Cempaka Mas Office Tower, 10th Floor
Jl. Letjen Suprapto Kav. 1 Central Jakarta 10640
Pertambangan dan Perdagangan Batubara Coal Mining and Trading
Pertambangan dan Perdagangan Batubara Coal Mining and Trading Pertambangan Batubara Coal Mining
Pertambangan Batubara Coal Mining
Penyediaan Tenaga Listrik Power Generation
Penyediaan Tenaga Listrik Power Generation
Perdagangan, Industri, dan Jasa
Trading, industry, and services
Broadband Multimedia
Broadband Multimedia
Konsultasi Manajemen Dan Jasa Situs
Management Consulting And Web Services
Perdagangan Pupuk Fertilizer Trading 99,99 99,99 99,93 99,93 99,89 99,89 99,90 69,99 50,00 69,65 Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Tidak Beroperasi Non-Operating Beroperasi Operating Beroperasi Operating Beroperasi Operating
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
Organization Structure
Struktur Organisasi
KOMITE AUDIT
AUDIT COMMITTEE
Ardhayadi, S.E., M.A. H. Agus Tagor Edward Herawan Hadidjaja
KEPALA AUDIT INTERNAL
HEAD OF INTERNAL AUDIT
Rodolfo Antonio Jr.
WAKIL PRESIDEN DIREKTUR & KEPALA BISNIS ENERGI
VICE PRESIDENT DIRECTOR & HEAD OF ENERGY BUSINESS
Rudy Halim
DIREKTUR AKUNTANSI & KEUANGAN
DIRECTOR OF ACCOUNTING & FINANCE
Lanny
DIREKTUR TIDAK TERAFILIASI
NON-AFFILIATED DIRECTOR
Susi Susantijo
KEPALA EKSEKUTIF SISTEM INFORMASI & KEUANGAN PROYEK
EXECUTIVE HEAD OF INFORMATION SYSTEM & PROJECT FINANCE
Vacant
DIREKTUR SDM & KEPATUHAN, DAN SEKRETARIS PERUSAHAAN
DIRECTOR OF HR & COMPLIANCE, AND CORPORATE
SECRETARY Hermawan Tarjono Pembangkit Captive Captive Power Keuangan Finance Kepatuhan
Compliance Tata Kelola PerusahaanCorporate Governance Information TechnologyTeknologi Informasi
Hukum
Legal Proyek SAPSAP Project
Keuangan Proyek Project Finance SDM & Umum HR & GA Pajak Tax
Akuntansi dan Pelaporan Accounting and Reporting
Kontrol Usaha Business Control Bisnis IPP IPP Business DEWAN KOMISARIS BOARD OF COMMISSIONERS
Franky Oesman Widjaja Indra Widjaja Dr. -Ing. Evita H. Legowo
Ardhayadi, S.E., M.A. H. Agus Tagor
Presiden Direktur
President Director
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
Perdagangan Trading
Business Lines
Lini Bisnis
PT Dian Swastatika Sentosa Tbk
Pembangkit Listrik dan Uap
Power and Steam Generation Pertambangan dan Perdagangan Batubara Coal Mining and Trading Perdagangan Bahan-bahan Kimia Chemical Trading Infrastruktur dan Multimedia Infrastructure and Multimedia
Pembangkit Listrik Captive Captive Power Plants
Pembangkit Listrik IPP IPP Power Plants
Pertambangan Mining Pupuk Fertilizer Pestisida Pesticide Bahan-Bahan Kimia Chemicals Infrastruktur BTS BTS Infrastructure Broadband Multimedia Broadband Multimedia
6 April 2013
Penandatanganan Master Agreement antara anak perusahaan Perseroan, yaitu PT Mora Quatro Multimedia dengan PT Huawei Tech Investment untuk pembangunan jaringan serat optik
The signing of Master Agreement between Company’s subsidiary, i.e. PT Mora Quatro Multimedia and PT Huawei Tech Investment for the construction of fiber optic network
2013 Event Highlights
Peristiwa Penting 2013
10 April 2013
Penandatanganan perjanjian joint venture antara anak perusahaan Perseroan, yaitu PT DSSA Mas Sejahtera dengan Excite Japan Co. Ltd.
The signing of joint venture agreement between Company’s subsidiary, i.e. PT DSSA Mas Sejahtera, and Excite Japan Co. Ltd.
16 Mei 2013
Penyelenggaraan Rapat Umum Pemegang Saham Tahunan Perseroan
Company’s Annual General Meeting of Shareholders
24 Mei 2013
Penandatanganan Master Agreement antara anak perusahaan Perseroan, yaitu PT Mora Quatro Multimedia dengan PT Fiberhome Technologies Indonesia untuk pembangunan jaringan serat optik
The signing of Master Agreement between Company’s subsidiary, i.e. PT Mora Quatro Multimedia and PT Fiberhome Technologies Indonesia for the construction of fiber optic network
23 Mei 2013
Peletakan batu pertama pembangunan PLTU IPP Sumsel-5 oleh PT DSSP Power Sumsel
Groundbreaking of IPP Sumsel-5 project by PT DSSP Power Sumsel
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
11 September 2013
Konversi Convertible Bond milik Perseroan menjadi 114.760.000 lembar saham dalam PT Inti Bangun Sejahtera Tbk.
Conversion of Convertible Bond owned by Company to 114,760,000 shares in PT Inti Bangun Sejahtera Tbk
4 Juni 2013
Pembentukan PT Excite Indonesia, yang merupakan joint
venture antara anak perusahaan Perseroan, yaitu PT DSSA Mas
Sejahtera dengan Excite Japan Co. Ltd.
Establishment of PT Excite Indonesia, a joint venture between Company’s subsidiary, i.e. PT DSSA Mas Sejahtera, and Excite Japan Co. Ltd.
11 Juli 2013
Penandatanganan Share Purchase Agreement antara Perseroan dan United Fiber System Ltd.
The signing of Share Purchase Agreement between Company and United Fiber System Ltd
20 Desember 2013
Penyelenggaraan Paparan Publik Tahunan Perseroan
Company’s Annual Public Expose
31 Desember 2013
Penyelenggaraan Rapat Umum Pemegang Saham Luar Biasa Perseroan sehubungan dengan rencana Perseroan untuk melakukan penyertaan modal dalam United Fiber System Ltd dan rencana penjualan seluruh saham PT Golden Energy Mines Tbk yang dimiliki oleh Perseroan kepada United Fiber System Ltd.
Company’s Extraordinary General Meeting of Shareholders in relation to Company’s plan to acquire United Fiber System Ltd and plan to sell all shares of PT Golden Energy Mines Tbk to United Fiber System Ltd.
24 Mei 2013 31 Desember 2013
Report of the Board of Commissioners
Laporan Dewan Komisaris
FRANKY OESMAN WIDJAJA
Presiden Komisaris
President Commissioner
PEMEGANG SAHAM YANG KAMI HORMATI,
Seiring dengan terbitnya Laporan Tahunan Perseroan ini, atas nama Dewan Komisaris, kami ingin menyampaikan sambutan dan ungkapan terima kasih yang tulus kepada seluruh pemegang saham dan pemangku kepentingan baik yang berada di Indonesia maupun di luar negeri, atas kerjasama, dukungan, dan kepercayaan
DEAR VALUED SHAREHOLDERS,
Along with the issuance of Company’s Annual Report, on behalf of the Board of Commissioners, we would like to convey our greetings and sincere gratitude to all shareholders and stakeholders, both in Indonesia and overseas, for cooperation, supports, and trust given to the Company throughout the year
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
EKONOMI MAKRO
Berdasarkan data IMF, laju pertumbuhan ekonomi global pada tahun 2013 diperkirakan sekitar 3,0%, sedikit mengalami penurunan dibandingkan dengan laju pertumbuhan 3,1% pada tahun 2012. Negara-negara berkembang seperti China, India, dan Indonesia masih mencatatkan laju pertumbuhan ekonomi yang relatif tinggi dibandingkan dengan negara-negara maju.
Di tengah perekonomian global yang relatif stabil pada tahun 2013, perekonomian Indonesia mengalami tantangan yang cukup berat. Perekonomian Indonesia bertumbuh 5,78% pada tahun 2013, menurun dibandingkan dengan pertumbuhan 6,23% pada tahun 2012. Laju inflasi Indonesia pada tahun 2013 naik menjadi 8,38%, meningkat signifikan dibandingkan dengan laju inflasi 4,30% pada tahun 2012. Nilai tukar rupiah per 31 Desember 2013 berada di kisaran Rp 12.200 per USD, melemah signifikan dibandingkan dengan nilai tukar rupiah per 31 Desember 2012 yang berada di kisaran Rp 9.700 per USD.
Meskipun indikator-indikator perekonomian domestik pada tahun 2013 secara umum kurang menggembirakan, konsumsi domestik Indonesia tetap tinggi. Selain itu, proporsi kelas menengah Indonesia pada saat ini diperkirakan sekitar 50% dari total penduduk Indonesia, dan proporsi ini akan terus bertumbuh seiring dengan pertumbuhan ekonomi Indonesia. Hal ini tentunya akan menarik investasi dari berbagai pengusaha, baik investasi dalam negeri maupun investasi asing, yang selanjutnya akan mendorong pertumbuhan ekonomi Indonesia lebih lanjut.
Dengan demikian, di tengah-tengah tantangan perekonomian global dan domestik yang dihadapi oleh berbagai perusahaan, pintu-pintu kesempatan untuk mengembangkan usaha dan meraih sukses yang lebih besar selalu terbuka.
PROSPEK USAHA PERSEROAN DI MASA DEPAN
Prospek usaha Perseroan di tahun 2014 tidak terlepas dari situasi perekonomian global dan domestik. Namun seiring dengan bertumbuhnya kelas menengah Indonesia dan tingginya konsumen domestik, serta banyaknya investor yang tertarik untuk melakukan investasi di Indonesia, Dewan Komisaris berkeyakinan bahwa Perseroan dapat memanfaatkan segala peluang usaha yang timbul, baik dari sektor energi, pertambangan, perdagangan, infrastruktur, maupun multimedia dengan sebaik-baiknya.
Dewan Komisaris percaya bahwa lini usaha pertambangan
MACRO ECONOMY
Based on IMF data, the growth rate of global economy in 2013 was estimated around 3.0%, slightly declining compared to the growth rate of 3.1% in 2012. The developing countries, such as China, India, and Indonesia still recorded economic growth rates which was relatively high compared to the developed countries.
Amidst the relatively stable global economy in 2013, Indonesia economy experienced considerable tough challenges. Indonesia’s economy grew by 5.78% in 2013, decreasing compared to the growth of 6.23% in 2012. Inflation rate of Indonesia in 2013 arose to 8.38%, a significant increase compared to the inflation rate of 4.30% in 2012. Rupiah exchange rate as of December 31, 2013 was in the range of Rp12,200 per USD, depreciated significantly compared to rupiah exchange rate as of December 31, 2012 that was in the range of Rp 9,700 per USD.
Although indicators of domestic economy in year 2013 in general were less encouraging, domestic consumption in Indonesia was still high. In addition to that, the proportion of Indonesian middle class currently is estimated around 50% from the total Indonesian population, and this proportion will continue growing, along with the economic growth of Indonesia. This factor naturally will attract investments from various entrepreneurs, both domestic and foreign investments, which will encourage economic growth of Indonesia further.
Hence, amidst the domestic and global economic challenges encountered by various companies, the doors of opportunities to develop businesses and reach greater success will always open.
COMPANY’S BUSINESS PROSPECTS IN THE FUTURE
Business prospects of the Company in 2014 cannot be separated from the domestic and global economic situations. However, along with the growing of Indonesia’s middle class and the high domestic consumption, and also the number of investors interested in investing in Indonesia, the Board of Commissioners is convinced that the Company can utilize every business opportunity arising, whether from the sector of energy, mining, trading, infrastructure, or multimedia as best as possible.
Lini usaha multimedia yang mulai digeluti oleh Perseroan diharapkan akan terus bertumbuh dengan ditopang pertumbuhan kelas menengah Indonesia serta daya beli konsumen yang terus meningkat. Perseroan telah menjalin kerjasama dengan beberapa perusahaan teknologi untuk membantu anak perusahaan Perseroan mengembangkan lini usaha multimedia.
Lini usaha Perseroan di bidang energi diyakini akan terus bertumbuh dimana Perseroan senantiasa menjajaki proyek-proyek baru dalam bidang energi. Kebutuhan energi dalam negeri akan terus meningkat seiring dengan pertumbuhan ekonomi Indonesia.
Dalam upaya meningkatkan pertumbuhan dan daya saing Perseroan dalam dunia usaha, Direksi senantiasa melakukan berbagai aksi korporasi dengan pengawasan Dewan Komisaris. Dewan Komisaris Perseroan mendukung penuh aksi korporasi yang terencana dan matang dalam menangkap dan memanfaatkan berbagai peluang usaha yang ada. Dewan Komisaris yakin bahwa dengan langkah-langkah strategis dan terarah yang diimplementasikan dengan sebaik-baiknya oleh manajemen Perseroan, Perseroan dapat mengantisipasi segala faktor eksternal yang berpotensi menghambat kegiatan usaha Perseroan.
PENGAWASAN DAN PENILAIAN KINERJA MANAJEMEN
Tahun 2013 merupakan tahun yang penuh tantangan bagi Perseroan. Pendapatan Perseroan pada tahun 2013 adalah sebesar USD 606.817.886, menurun sebesar 3,56% dibandingkan
Multimedia business line in which the Company started to engage is expected to continue growing, supported by the growth of Indonesia’s middle class and consumers’ increasing buying power. The Company has established cooperation with several technology companies to support the Company’s subsidiaries in developing multimedia business line.
The Company’s business line in energy sector is believed to continue growing, where the Company is constantly exploring new projects in energy sector. Domestic needs of energy will continue increasing along with the growth of Indonesia’s economy.
In the efforts to enhance Company’s growth and competitiveness in the business world, the Board of Directors always conduct various corporate action under the supervision of the Board of Commissioners. Company’s Board of Commissioners fully supports any mature and planned corporate action in capturing and utilizing various business opportunities available. The Board of Commissioners believes that with directed and strategic measures implemented as best as possible by Company’s management, the Company can anticipate all external factors which may potentially hamper Company’s business activities.
SUPERVISION AND ASSESSMENT OF THE MANAGEMENT’S PERFORMANCE
Year 2013 was a year full of challenges for the Company. Company’s revenues in 2013 were USD 606,817,886, declining by 3.56% compared to the revenues in 2012 of USD 629,229,559.
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
1.482.226. Perseroan membukukan rugi bersih sebesar USD 10.162.405 pada tahun 2013. Kerugian ini terutama disebabkan oleh penurunan nilai tukar mata uang Rupiah terhadap Dolar Amerika Serikat pada tahun 2013.
Di antara proyek-proyek yang digeluti oleh Perseroan, pelaksanaan pembangunan proyek PLTU IPP Sumsel-5 selama tahun 2013 berjalan sesuai dengan rencana. Pembangunan proyek tersebut diharapkan dapat selesai pada akhir tahun 2015 dan dapat memulai kegiatan operasi komersialnya pada tahun yang sama.
Selama tahun 2013, Direksi Perseroan berupaya melakukan aksi korporasi untuk meningkatkan nilai perusahaan. Dewan Komisaris senantiasa mengawasi dan memberikan arahan agar setiap aksi korporasi yang dilakukan Perseroan mendapatkan hasil yang baik.
Sepanjang tahun 2013, Dewan Komisaris telah melaksanakan 4 (empat) kali rapat Dewan Komisaris. Dalam rapat-rapat tersebut, Direksi Perseroan telah memaparkan kinerja Perseroan, baik kinerja operasional maupun kinerja keuangan Perseroan. Dewan Komisaris telah mengevaluasi pemaparan kinerja Perseroan tersebut, dan berpendapat bahwa Direksi telah mengelola Perseroan dengan prinsip kehati-hatian dan tata kelola yang baik. Dewan Komisaris tetap mengingatkan Direksi untuk tidak berpuas diri, karena perjalanan Perseroan di depan akan menghadapi
net loss was mainly due to the depreciation of rupiah currency exchange rate against US Dollars in 2013.
Among the projects that Company was dealing with, the construction of IPP Sumsel-5 project throughout 2013 progressed according to plan. The construction of the power plant is expected to be completed by end of 2015 and will be able to start its commercial operations in the same year.
During 2013, Company’s Board of Directors planned several corporate actions to enhance corporate value. The Board of Commissioners constantly performed supervision and provided direction in order that those corporate actions could have good results.
Throughout the year 2013, the Board of Commissioners has held 4 (four) Board of Commissioners’ meetings. In those meetings, the Board of Directors has presented Company’s performance, both operational and financial. The Board of Commissioners has evaluated the presentation of Company’s performances, and concluded that the Board of Directors has managed the Company prudently and based on good corporate governance. The Board of Commissioners continues reminding the Board of Directors not to be complacent, since the Company’s journey ahead would
Dewan Komisaris yakin bahwa dengan
langkah-langkah strategis dan terarah yang
diimplementasikan dengan sebaik-baiknya
oleh manajemen Perseroan, Perseroan
dapat mengantisipasi segala faktor
eksternal yang berpotensi menghambat
kegiatan usaha Perseroan.
The Board of Commissioners believes that with directed and strategic measures implemented as best as possible by Company’s management, the Company can anticipate all external factors which may potentially hamper Company’s business activities.
merekrut karyawan yang berkualitas dan aktif mengembangkan sumber daya manusia melalui program pendidikan dan pelatihan internal dan eksternal. Dewan Komisaris berkeyakinan, bahwa kualitas sumber daya yang dimiliki oleh Perseroan akan terus meningkat seiring dengan pertumbuhan Perseroan.
Dalam melakukan tugas pengawasannya, Dewan Komisaris dibantu oleh Komite Audit. Komite Audit bertugas untuk memberikan pendapat profesional dan independen serta analisis atas kinerja operasional dan kinerja keuangan kepada Dewan Komisaris. Komite Audit mendorong terciptanya Tata Kelola Perusahaan, membentuk struktur pengendalian internal yang memadai, dan meningkatkan kualitas keterbukaan dan pelaporan keuangan. Kegiatan tersebut dilakukan agar Tata Kelola Perusahaan diimplementasikan dengan sebaik-baiknya. Dalam melakukan pengawasan internal, Komite Audit bekerja sama dengan divisi Audit Internal Perseroan untuk membahas sistem pengendalian internal, laporan keuangan, kepatuhan, dan temuan audit yang ada. Penyempurnaan Piagam Komite Audit merupakan salah satu bentuk upaya meningkatkan kualitas Komite Audit dalam membantu peran Dewan Komisaris.
Kebijakan dan program tanggung jawab sosial perusahaan yang dijalankan oleh Perseroan dan anak-anak perusahaan, merupakan bentuk komitmen dan kepedulian Perseroan dan anak-anak perusahaan terhadap masyarakat di sekitar wilayah kerja Perseroan dan anak perusahaan. Perseroan dan anak-anak perusahaan secara aktif berusaha untuk meningkatkan kesejahteraan masyarakat yang berada di sekitar wilayah kerja Perseroan dan anak-anak perusahaan melalui berbagai program tanggung jawab sosial perusahaan. Dengan demikian, kehadiran Perseroan dan anak-anak perusahaan di tengah-tengah masyarakat diharapkan dapat diterima oleh masyarakat sekitar dan memberikan dampak yang positif.
PERUBAHAN SUSUNAN PENGURUS
Berdasarkan Rapat Umum Pemegang Saham Tahunan (“RUPST”) yang diselenggarakan di Jakarta, pada tanggal 16 Mei 2013, terjadi perubahan susunan Dewan Komisaris Perseroan. Pada RUPST tersebut diambil keputusan untuk menerima dengan baik pengunduran diri Bapak Muktar Widjaja sebagai Wakil Presiden Komisaris, Bapak Ichsanto Gunawan sebagai Komisaris, dan Ibu Susiyati B. Hirawan sebagai Komisaris Independen. Perseroan mengucapkan terima kasih atas waktu dan pikiran yang telah diberikan oleh mereka terhadap Perseroan.
Pada RUPST tersebut, diputuskan juga pengangkatan Bapak Indra Widjaja sebagai Wakil Presiden Komisaris, Ibu Evita H. Legowo sebagai Wakil Presiden Komisaris dan sekaligus Komisaris Independen, dan Bapak Ardhayadi sebagai Komisaris Independen yang baru. Dewan Komisaris yakin bahwa kualifikasi dan pengalaman yang mereka miliki dapat membantu pertumbuhan Perseroan di masa depan.
recruiting quality employees and by actively developing human resources through internal and external education and training programs. The Board of Commissioners believes that quality human resources employed by the Company will continue improving along with the growth of the Company.
In conducting its supervisory duties, the Board of Commissioners is assisted by the Audit Committee. The Audit Committee’s duties are to provide professional and independent opinions as well as analysis on operational and financial performances to the Board of Commissioners. The Audit Committee encourages the creation of Corporate Governance, develops an adequate internal control structure, and improves quality of disclosure and financial reporting. Those activities are performed in order that Corporate Governance is implemented as best as it can. In conducting internal control, the Audit Committee works in cooperation with Company’s Internal Audit Division in discussing internal control system, financial reports, compliance, and existing audit findings. Improvement of Audit Committee Charter was one of the efforts done to enhance quality of the Audit Committee in supporting the role of the Board of Commissioners.
Policy and programs of corporate social responsibility conducted by the Company and its subsidiaries constitute the commitment and concern of the Company and its subsidiaries toward the community surrounding the work areas of the Company and its subsidiaries. The Company and its subsidiaries actively strive to improve the welfare of the community around the work areas of the Company and its subsidiaries through various programs of corporate social responsibility. Thus, it is expected that the presence of the Company and its subsidiaries in the community will be accepted by the community and provide a positive impact.
CHANGE OF MANAGEMENT
Pursuant to the Annual General Meeting of Shareholders (AGM) held in Jakarta on May 16, 2013, the composition of Company’s Board of Commissioners has changed. At the AGM, a resolution has been made to accept the resignation of Mr. Muktar Widjaja from his position as Vice President Commissioner, Mr. Ichsanto Gunawan as Commissioner, and Mrs. Susiyati B. Hirawan as Independent Commissioner. The Company expressed gratitude for their time and service to the Company.
At the AGM, it was also decided the appointment of Mr. Indra Widjaja as Vice President Commissioner, Mrs. Evita H. Legowo as Vice President Commissioner and Independent Commissioner, and also Mr. Ardhayadi as the new Independent Commissioner. The Board of Commissioners is convinced that their qualifications and experiences can contribute to the growth of the Company in the future.
Company Profile Management Reports and Profile Management Discussion and Analysis Corporate Governance Corporate Social Responsibility
PENUTUP
Dewan Komisaris memberikan dukungan penuh kepada Direksi Perseroan untuk terus meningkatkan kinerja Perseroan. Dewan Komisaris senantiasa memberikan arahan, rekomendasi, saran, atau solusi kepada Direksi Perseroan agar dalam pengembangan usaha dan pengelolaan Perseroan, manajemen Perseroan selalu berpegang pada prinsip kehati-hatian dan Tata Kelola Perusahaan yang baik. Dewan Komisaris berharap agar kerja sama yang telah terjalin selama ini dengan berbagai pihak, akan terus terjalin dengan baik dan terpelihara.
Atas nama manajemen dan karyawan Perseroan, Dewan Komisaris mengucapkan terima kasih yang tulus kepada pemegang saham dan para pemangku kepentingan atas dukungan dan kepercayaan yang telah diberikan kepada Perseroan. Dewan Komisaris juga mengucapkan terima kasih kepada Direksi dan seluruh karyawan Perseroan untuk kinerja maksimal yang telah diberikan kepada Perseroan. Dengan segala dukungan dan kepercayaan semua pihak, Perseroan akan terus bertumbuh dan berkembang untuk mencapai hasil dan kinerja yang lebih baik.
Dewan Komisaris
PT Dian Swastatika Sentosa Tbk
CLOSING
The Board of Commissioners gives full support to the Board of Directors to continue enhancing Company’s performance. The Board of Commissioners also constantly provides directions, recommendations, advices, or solutions to Company’s Board of Directors so as in the business development and management of the Company, the Company’s management always holds on to prudential principles and good Corporate Governance. The Board of Commissioners hopes that the cooperation already established during this time with various parties will continue to be well established and maintained.
On behalf of Company’s management and employees, the Board of Commissioners would like to express sincere gratitude to the shareholders and the stakeholders for the supports and trust provided to the Company. The Board of Commissioners also expresses gratitude to the Board of Directors and all employees of the Company for the maximum performance given to the Company. With all the supports and trust from all parties, the Company will continue to grow and develop to achieve better results and performance.
Board of Commisioners PT Dian Swastatika Sentosa Tbk
FRANKY OESMAN WIDJAJA Presiden Komisaris
President Commissioner
DR. –ING. EVITA H. LEGOWO
Wakil Presiden Komisaris & Komisaris Independen
Vice President Commissioner & Independent Commissioner
INDRA WIDJAJA Wakil Presiden Komisaris
Profile of the Board of Commissioners
Profil Dewan Komisaris
1. Franky Oesman Widjaja Presiden Komisaris
President Commissioner
2. Indra Widjaja
Wakil Presiden Komisaris
Vice President Commissioner
3. Dr. -Ing. Evita H. Legowo
Wakil Presiden Komisaris dan Komisaris Independen
Vice President Commissioner and Independent Commissioner
4. Ardhayadi, SE., MA Komisaris Independen Independent Commissioner 5. H. Agus Tagor 1 2 3 4 5