PT MAHAKA MEDIA Tbk DAN ENTITAS ANAK/AND SUBSIDIARIES

(1)

PT MAHAKA MEDIA Tbk DAN ENTITAS ANAK/AND SUBSIDIARIES

LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE ENAM BULAN YANG BERAKHIR

PADA TANGGAL 30 JUNI 2021

DAN UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL 31 DESEMBER 2020 DAN 2019

SERTA UNTUK PERIODE ENAM BULAN YANG BERAKHIR PADA TANGGAL

30 JUNI 2020 (TIDAK DIAUDIT) BESERTA LAPORAN AUDITOR INDEPENDEN

CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2021

AND FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019 AND FOR THE SIX-MONTH PERIOD ENDED

JUNE 30, 2020 (UNAUDITED) WITH INDEPENDENT AUDITOR’S REPORT

(2)

SERTA UNTUK PERIODE ENAM BULAN YANG BERAKHIR PADA TANGGAL

30 JUNI 2020 (TIDAK DIAUDIT) BESERTA LAPORAN AUDITOR INDEPENDEN

DAFTAR ISI

Halaman/

Pages

DECEMBER 31, 2020 AND 2019 AND FOR THE SIX-MONTH PERIOD ENDED

JUNE 30, 2020 (UNAUDITED) WITH INDEPENDENT AUDITOR’S REPORT

TABLE OF CONTENTS

Surat Pernyataan Direksi Director’s Statement Letter

Laporan Auditor Independen Independent Auditor’s Report

Laporan Posisi Keuangan Konsolidasian 1 - 3 Consolidated Statement of Financial Position

Laporan Laba Rugi dan Penghasilan

Komprehensif Lain Konsolidasian 4 - 6

Consolidated Statement of Profit or Loss and Other Comprehensive Income

Laporan Perubahan Ekuitas - Neto (Defisiensi

Modal) Konsolidasian 7 - 8

Consolidated Statement of Changes in Equity - Net (Capital Deficiency) Laporan Arus Kas Konsolidasian 9 - 10 Consolidated Statement of Cash Flows Catatan atas Laporan Keuangan Konsolidasian 11 - 139 Notes to the Consolidated Financial Statements

(3)

(4)

The original report included herein is in Indonesian language.

Laporan Auditor Independen

Laporan No. 01329/2.1051/AU.1/10/1029-1/1/XII/2021 Pemegang Saham, Dewan Komisaris dan Direksi PT MAHAKA MEDIA Tbk

Independent Auditor’s Report

Report No. 01329/2.1051/AU.1/10/1029-1/1/XII/2021

The Shareholders, Board of Commissioners and Directors

PT MAHAKA MEDIA Tbk

Kami telah mengaudit laporan keuangan konsolidasian PT Mahaka Media Tbk dan Entitas Anaknya terlampir yang terdiri atas laporan posisi keuangan konsolidasian tanggal 30 Juni 2021, serta laporan laba rugi dan penghasilan komprehensif lain, laporan perubahan ekuitas - neto, dan laporan arus kas konsolidasian untuk periode enam bulan yang berakhir pada tanggal tersebut, dan suatu ikhtisar kebijakan akuntansi yang signifikan dan informasi penjelasan lainnya.

We have audited the accompanying consolidated financial statements of PT Mahaka Media Tbk and its Subsidiaries which comprise the consolidated statement of financial position as of June 30, 2021, and the consolidated statement of profit or loss and other comprehensive income, statement of changes in equity - net, and statement of cash flows for the six-month period then ended, and a summary of significant accounting policies and other explanatory information.

Tanggung jawab manajemen atas laporan keuangan konsolidasian

Management’s responsibility for the consolidated financial statements

Manajemen bertanggung jawab atas penyusunan dan penyajian wajar laporan keuangan konsolidasian tersebut sesuai dengan Standar Akuntansi Keuangan di Indonesia dan atas pengendalian internal yang dianggap perlu oleh manajemen untuk memungkinkan penyusunan laporan keuangan konsolidasian yang bebas dari kesalahan penyajian material, baik yang disebabkan oleh kecurangan maupun kesalahan.

Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with Indonesian Financial Accounting Standards, and for such internal control as management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

Tanggung jawab auditor Auditor’s responsibility

Tanggung jawab kami adalah untuk menyatakan suatu opini atas laporan keuangan konsolidasian tersebut berdasarkan audit kami. Kami melaksanakan audit kami berdasarkan Standar Audit yang ditetapkan oleh Institut Akuntan Publik Indonesia. Standar tersebut mengharuskan kami untuk mematuhi ketentuan etika serta merencanakan dan melaksanakan audit untuk memperoleh keyakinan memadai tentang apakah laporan keuangan konsolidasian tersebut bebas dari kesalahan penyajian material.

Our responsibility is to express an opinion on these consolidated financial statements based on our audit.

We conducted our audit in accordance with Standards on Auditing established by the Indonesian Institute of Certified Public Accountants. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement.

(5)

Suatu audit melibatkan pelaksanaan prosedur untuk memperoleh bukti audit tentang angka-angka dan pengungkapan dalam laporan keuangan konsolidasian.

Prosedur yang dipilih bergantung pada pertimbangan auditor, termasuk penilaian atas risiko kesalahan penyajian material dalam laporan keuangan konsolidasian, baik yang disebabkan oleh kecurangan maupun oleh kesalahan. Dalam melakukan penilaian risiko tersebut, auditor mempertimbangkan pengendalian internal yang relevan dengan penyusunan dan penyajian wajar laporan keuangan konsolidasian entitas untuk merancang prosedur audit yang tepat sesuai dengan kondisinya, tetapi bukan untuk tujuan menyatakan opini atas keefektivitasan pengendalian internal entitas. Suatu audit juga mencakup pengevaluasian atas ketepatan kebijakan akuntansi yang digunakan dan kewajaran estimasi akuntansi yang dibuat oleh manajemen, serta pengevaluasian atas penyajian laporan keuangan konsolidasian secara keseluruhan.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks on material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.

Kami yakin bahwa bukti audit yang telah kami peroleh adalah cukup dan tepat untuk menyediakan suatu basis bagi opini audit kami.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opini Opinion

Menurut opini kami, laporan keuangan konsolidasian terlampir menyajikan secara wajar, dalam semua hal yang material, posisi keuangan konsolidasian PT Mahaka Media Tbk dan Entitas Anaknya tanggal 30 Juni 2021, serta kinerja keuangan, dan arus kas konsolidasiannya untuk periode enam bulan yang berakhir pada tanggal tersebut sesuai dengan Standar Akuntansi Keuangan di Indonesia.

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of PT Mahaka Media Tbk and its Subsidiaries as of June 30, 2021, and their consolidated financial performance and cash flows for the six-month period then ended, in accordance with Indonesian Financial Accounting Standards.

(6)

Kami juga mengarahkan perhatian pada Catatan 38 atas laporan keuangan konsolidasian terlampir yang mengungkapkan bahwa PT Mahaka Media Tbk dan Entitas Anaknya mengalami penurunan laba bruto, kerugian neto berulang, akumulasi defisit, kekurangan arus kas operasi yang signifikan, serta liabilitas lancar yang melebihi aset lancarnya. Kondisi-kondisi tersebut mengindikasikan ada suatu ketidakpastian material yang dapat penyebabkan keraguan signifikan atas kemampuan PT Mahaka Media Tbk dan Entitas Anaknya untuk mempertahankan kelangsungan usahanya. Rencana manajemen untuk mengatasi kondisi tersebut telah diungkapkan pada Catatan 38 atas laporan keuangan konsolidasian. Laporan keuangan konsolidasian terlampir tidak mencakup penyesuaian yang berasal dari kondisi ketidakpastian material tersebut.

We also bring attention to Note 38 to the accompanying consolidated financial statements where it is disclosed that PT Mahaka Media Tbk and its Subsidiaries experienced decrease in gross profit, recurring net losses, accumulated deficit, significant operating cash flow shortages and current liabilities exceeding their current assets. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the ability of PT Mahaka Media Tbk and its Subsidiaries to continue as a going concern.

Management’s plans in regards of this matter have also been disclosed in Note 38 to the consolidated financial statements. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome of this material uncertainty.

Seperti yang diungkapkan dalam Catatan 41 atas laporan keuangan konsolidasian terlampir, PT Mahaka Media Tbk dan Entitas Anaknya menyajikan kembali laporan keuangan konsolidasian tanggal 31 Desember 2020 dan 2019 serta untuk tahun-tahun yang berakhir pada tanggal tersebut terkait kesalahan perhitungan selisih nilai atas transaksi restrukturisasi entitas sepengendali dari beberapa entitas anak tertentu dan proporsi ekuitas yang dimiliki oleh kepentingan nonpengendali pada entitas anak.

As disclosed in Note 41, to the accompanying consolidated financial statements, PT Mahaka Media Tbk and its Subsidiaries restated their consolidated financial statements as of December 31, 2020 and 2019, and for the years then ended related to errors in calculation of difference in value from restructuring transactions between entities under common control from several certain subsidiaries and the proportion of equity held by noncontrolling interest in subsidiaries.

Opini kami tidak dimodifikasi sehubungan dengan hal- hal tersebut di atas.

Our opinion is not modifed in respect of the abovementioned matters.

(7)

Laporan keuangan konsolidasian PT Mahaka Media Tbk dan Entitas Anaknya pada tanggal 31 Desember 2020 dan 2019, sebelum penyajian kembali seperti yang disebutkan di atas, diaudit oleh auditor independen lain yang laporannya No. 00352/2.1011/

AU.1/05/1013-1/1/VIII/2021 tanggal 25 Agustus 2021 dan No. 00221/2.1011/AU.1/05/0101-3/1/V/2020 tanggal 29 Mei 2020 menyatakan opini tanpa modifikasian dengan penekanan suatu hal atas laporan keuangan konsolidasian tersebut.

The consolidated financial statements of the PT Mahaka Media Tbk and its Subsidiaries as of December 31, 2020 and 2019 and for the years then ended, prior to the restatement mentioned above, were audited by other independent auditors, whose report No. 00352/2.1011/AU.1/05/1013-1/1/VIII/2021 dated August 25, 2021 and No. 00221/2.1011/AU.1/05/0101- 3/1/V/2020 dated May 29, 2020 expressed an unmodified opinion with emphasis of matter on such consolidated financial statements.

Sebagai bagian dari audit kami atas laporan keuangan PT Mahaka Media Tbk dan Entitas Anaknya tanggal 30 Juni 2021 serta untuk periode enam bulan yang berakhir pada tanggal tersebut, kami juga mengaudit penyesuaian yang dijelaskan dalam Catatan 41 atas laporan keuangan konsolidasian terlampir yang diterapkan untuk menyajikan kembali laporan keuangan konsolidasian tanggal 31 Desember 2020 dan 2019 serta untuk tahun-tahun yang berakhir pada tanggal tersebut. Menurut opini kami, penyesuaian tersebut sudah tepat dan telah diterapkan dengan tepat. Kami tidak ditugasi untuk mengaudit, mereviu, atau menerapkan prosedur apa pun atas laporan keuangan konsolidasian tanggal 31 Desember 2020 dan 2019 serta untuk tahun-tahun yang berakhir pada tanggal tersebut selain yang berkaitan dengan penyesuaian tersebut dan, oleh karena itu, kami tidak menyatakan suatu opini maupun bentuk asurans lainnya atas laporan keuangan konsolidasian tanggal 31 Desember 2020 dan 2019 serta untuk tahun-tahun yang berakhir pada tanggal tersebut secara keseluruhan.

As part of our audit of the financial statements of PT Mahaka Media Tbk and its Subsidiaries as of June 30, 2021 and for the six-month period then ended, we also audited the adjustments described in Note 41 to the accompanying consolidated financial statements that were applied to amend the consolidated financial statements as of December 31, 2020 and 2019 and for the years then ended. In our opinion, such adjustments are appropriate and have been properly applied. We were not engaged to audit, review, or apply any procedures to the consolidated financial statements as of December 31, 2020 and 2019 and for the years then ended other than with respect to the adjustments and, accordingly, we do not express an opinion or any other form of assurance on the consolidated financial statements as of December 31, 2020 and 2019 and for the years then ended taken as a whole.

(8)

Laporan laba rugi dan penghasilan komprehensif lain, laporan perubahan ekuitas - neto dan laporan arus kas konsolidasian PT Mahaka Media Tbk dan Entitas Anaknya untuk periode enam bulan yang berakhir pada tanggal 30 Juni 2020 tidak diaudit dan disajikan sebagai angka-angka komparatif untuk seluruh jumlah yang dilaporkan dalam laporan laba rugi dan penghasilan komprehensif lain, laporan perubahan ekuitas - neto, dan laporan arus kas konsolidasian untuk periode enam bulan yang berakhir pada tanggal 30 Juni 2021.

The consolidated statements of profit or loss and other comprehensive income, changes in equity - net and cash flows of PT Mahaka Media Tbk and its Subsidiaries for the six-month period ended June 30, 2020 were unaudited and is presented as comparative figures for all amounts reported in the consolidated statements of profit or loss and other comprehensive income, changes in equity - net, and cash flows for the six-month period ended June 30, 2021.

Laporan keuangan ini diterbitkan sehubungan dengan rencana PT Mahaka Media Tbk untuk melakukan Penawaran Umum Terbatas kepada Para Pemegang Saham dalam Rangka Penerbitan Hak Memesan Efek Terlebih Dahulu, serta tidak ditujukan dan tidak diperkenankan untuk digunakan untuk tujuan lain.

This report has been prepared in connection with PT Mahaka Media Tbk’s plan for Limited Public Offering to the Shareholders by way of the issuance of Pre- emptive Rights, and is not intended to be and should not be used for any other purposes.

KOSASIH, NURDIYAMAN, MULYADI, TJAHJO & REKAN

Juninho Widjaja, CPA

Izin Akuntan Publik/Public Accountant License No. AP.1029 20 Desember 2021/December 20, 2021

(9)

(10)

(11)

(12)

(13)

31 Desember/December 31,

Catatan/ 30 Juni 2021/

Notes June 30, 2021 2020 2019

(Disajikan kembali, Catatan 41/

As restated, Note 41)

ASET ASSETS

ASET LANCAR CURRENT ASSETS

Kas dan setara kas 2d,2r,4,32 14.470.277.252 26.724.525.401 23.376.146.218 Cash and cash equivalents 2e,2r,

Piutang usaha - neto 8a,14,32 11.589.834.697 15.894.149.707 53.542.609.981 Trade receivables - net

Piutang lain-lain 2r,32 Other receivables

Pihak ketiga 495.464.135 263.329.050 2.086.080.723 Third parties

Pihak berelasi 2e,8b 7.416.411.940 6.740.780.756 2.620.239.683 Related parties

Persediaan 2f,6 3.931.718.358 4.693.147.657 6.921.420.140 Inventories

Uang muka 7 3.687.680.297 2.621.748.318 4.944.234.261 Advances

Beban dibayar di muka 2g,7 777.382.876 583.650.662 1.073.693.808 Prepaid expenses

Pajak dibayar di muka 2p,18a 509.703.659 372.206.721 195.215.700 Prepaid taxes

Total Aset Lancar 42.878.473.214 57.893.538.272 94.759.640.514 Total Current Assets

ASET TIDAK LANCAR NONCURRENT ASSETS

2h,2j,9, Property, plant and

Aset tetap - neto 14,21,22,30 20.158.063.891 22.750.715.063 27.963.797.673 equipment - net Aset takberwujud - neto 2j,2k,10,28 20.339.316.937 21.782.265.112 25.301.271.078 Intangible assets - net Aset hak-guna - neto 2j,2l,11,30 6.506.494.762 5.153.483.696 - Right-of-use-assets - net Investasi pada Entitas Asosiasi 2i,12 4.785.204.388 3.731.169.725 10.729.482.969 Investment in Associates

Aset keuangan pada nilai wajar Financial assets at fair value

melalui penghasilan through other

komprehensif lain 2r,13,20,32 258.814.071.186 82.256.400.000 173.852.400.000 comprehensive income Piutang pihak berelasi 2e,2r,8c,32 23.443.304.650 12.868.421.936 55.310.938.595 Due from related parties Aset pajak tangguhan 2p,18e 10.810.635.727 11.245.022.562 20.917.420.029 Deferred tax assets

Taksiran tagihan pajak Estimated claims for

penghasilan 2p,18d 143.648.297 - - tax refund

Aset tidak lancar lainnya 2r,32 1.259.314.038 3.968.267.803 4.075.636.611 Other noncurrent assets

Total Aset Tidak Lancar 346.260.053.876 163.755.745.897 318.150.946.955 Total Noncurrent Assets

TOTAL ASET 389.138.527.090 221.649.284.169 412.910.587.469 TOTAL ASSETS

(14)

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

The accompanying notes to the consolidated financial statements form an integral part of these consolidated 31 Desember/December 31,

Catatan/ 30 Juni 2021/

Notes June 30, 2021 2020 2019

LIABILITAS LIABILITIES

LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

2r,5,9,

Utang bank jangka pendek 14,32 14.945.508.284 17.509.497.816 11.794.146.000 Short-term bank loans

Utang usaha 2r,15,32 Trade payables

Pihak ketiga 19.620.138.680 13.382.837.667 16.775.264.549 Third parties

Pihak berelasi 2e,8d 22.224.440.681 24.568.037.847 32.187.778.982 Related parties

Utang lain-lain 2r,16,32 Other payables

Pihak ketiga 9.761.354.600 7.832.704.340 8.653.663.435 Third parties

Pihak berelasi 2e,8e 405.548.762 405.548.762 405.548.762 Related party

Beban akrual 2r,17,32 11.224.158.292 8.388.234.352 9.509.399.114 Accrued expenses

Utang pajak 2p,18b 19.271.957.353 18.866.190.601 18.892.264.537 Taxes payable

Pendapatan diterima di muka - Sales advances -

jangka pendek 2n,19,36 4.881.840.466 6.003.994.766 6.561.932.292 current portion 2r,13,

Utang pihak ketiga jangka pendek 20,32 82.934.154.945 80.511.438.625 6.654.106.434 Short-term due to third parties Bagian utang jangka panjang

yang jatuh tempo dalam Current maturities of

waktu satu tahun: 2r,32 long-term liabilities:

Utang pembiayaan 9,21 236.308.677 347.301.565 762.538.189 Financing payables

Liabilitas sewa 2l,11 3.262.461.490 1.862.031.064 - Lease liabilities

Utang bank 22 - - 5.751.641.383 Bank loan

Total Liabilitas Jangka Pendek 188.767.872.230 179.677.817.405 117.948.283.677 Total Current Liabilities

LIABILITAS JANGKA NONCURRENT

PANJANG LIABILITIES

Utang jangka panjang setelah

dikurangi bagian yang Long-term liabilities -

jatuh tempo dalam satu tahun: 2r,32 net of current maturities:

Utang pembiayaan 9,21 228.304.968 326.990.388 673.908.486 Financing payables

Liabilitas sewa 2l,11 4.517.977.222 3.832.539.172 - Lease liabilities

Utang bank 22 - - 45.987.776.659 Bank loan

Utang pihak ketiga jangka panjang 2r,20,32 882.000.000 882.000.000 882.000.000 Long-term due to third party Utang pihak berelasi 2e,2r,8f,32 93.680.418.811 70.429.894.093 87.701.033.801 Due to related parties

Pendapatan diterima di muka - Sales advances -

jangka panjang 2n,19,36 16.829.544.949 17.871.289.798 18.945.399.871 noncurrent portion

Liabilitas imbalan kerja Employee benefits

karyawan 2m,23,30 43.423.679.489 51.192.946.435 47.508.621.986 liabilities Uang jaminan dari pelanggan 2r,32 1.140.313.636 1.146.477.886 1.207.120.950 Customer deposits

Total Liabilitas Jangka Panjang 160.702.239.075 145.682.137.772 202.905.861.753 Total Noncurrent Liabilities

TOTAL LIABILITAS 349.470.111.305 325.359.955.177 320.854.145.430 TOTAL LIABILITIES

(15)

31 Desember/December 31,

Catatan/ 30 Juni 2021/

Notes June 30, 2021 2020 2019

EKUITAS - NETO EQUITY - NET

(DEFISIENSI MODAL) (CAPITAL DEFICIENCY)

Ekuitas yang dapat Equity attributable

diatribusikan kepada to Owners of

pemilik Entitas Induk the Company

Modal saham - nilai nominal Share capital - par value

Rp 100 per saham Rp 100 per share

Modal dasar - Authorized capital -

5.000.000.000 lembar saham 5,000,000,000 shares

Modal ditempatkan Issued and

dan disetor penuh - fully paid capital -

2.755.125.000 lembar saham 24 275.512.500.000 275.512.500.000 275.512.500.000 2,755,125,000 shares Tambahan modal disetor 25 (101.245.357.037) (101.245.357.037) (101.245.357.037) Additional paid-in capital Penghasilan komprehensif lain 234.650.382.696 58.092.711.510 149.488.711.510 Other comprehensive income

Saldo laba (defisit) Retained earnings (deficits)

Telah ditentukan

penggunaannya 438.712.505 438.712.505 438.712.505 Appropriated

Belum ditentukan

penggunaannya (264.428.464.091) (242.857.756.326) (155.760.790.723) Unappropriated

Subtotal 144.927.774.073 (10.059.189.348) 168.433.776.255 Subtotal

Kepentingan nonpengendali 2c,26 (105.259.358.288) (93.651.481.660) (76.377.334.216) Noncontrolling interests

TOTAL EKUITAS - NETO TOTAL EQUITY - NET

(DEFISIENSI MODAL) 39.668.415.785 (103.710.671.008) 92.056.442.039 (CAPITAL DEFICIENCY)

TOTAL LIABILITAS DAN TOTAL LIABILITIES AND

EKUITAS - NETO EQUITY - NET

(DEFISIENSI MODAL) 389.138.527.090 221.649.284.169 412.910.587.469 (CAPITAL DEFICIENCY)

(16)

The accompanying notes to the consolidated financial statements form an integral part of these consolidated Pada Tanggal 30 Juni 2020 (Tidak Diaudit)

(Disajikan dalam Rupiah, kecuali dinyatakan lain)

June 30, 2020 (Unaudited)

(Expressed in Rupiah, unless otherwise stated)

30 Juni/June 30

2020 31 Desember/December 31,

Catatan/ (Tidak diaudit/

Notes 2021 Unaudited) 2020 2019

PENDAPATAN JASA - SERVICE REVENUES -

NETO 2n,27 71.544.205.839 70.219.443.986 158.607.888.337 251.087.852.516 NET

BEBAN POKOK

PENDAPATAN 2n,10,28 43.674.655.454 34.158.163.247 82.063.860.407 148.573.352.229 COST OF REVENUES

LABA BRUTO 27.869.550.385 36.061.280.739 76.544.027.930 102.514.500.287 GROSS PROFIT

OPERATING

BEBAN USAHA 2n EXPENSES

Beban penjualan 29 2.087.384.898 2.931.610.877 5.681.908.954 7.445.051.933 Selling expenses

General and

Beban umum dan administrative

administrasi 9,11,23,30 57.796.975.235 59.853.060.361 110.103.341.789 123.411.281.941 expenses

TOTAL BEBAN TOTAL OPERATING

USAHA 59.884.360.133 62.784.671.238 115.785.250.743 130.856.333.874 EXPENSES

RUGI OPERASI (32.014.809.748) (26.723.390.499) (39.241.222.813 ) (28.341.833.587) OPERATING LOSSES

PENDAPATAN (BEBAN) OTHER INCOME

LAIN-LAIN 2n (EXPENSES)

Beban penyisihan atas Allowance for

ECLs 5 (7.642.553.492) - (11.276.882.260 ) (4.716.360.717 ) ECLs

Loss on foreign

Rugi selisih kurs 2o (2.470.885.510) (2.453.234.016) (1.534.868.810 ) (46.284.343 ) exchange Beban bunga (1.897.196.356) (2.031.237.963) (5.723.411.506 ) (8.585.015.630 ) Interest expenses

Beban penyisihan penurunan Allowance for impairment

nilai persediaan 6 (669.161.836) - (1.899.385.209 ) (327.907.864 ) of inventories

Pendapatan jasa lalu atas Past service income of

imbalan kerja 23 10.235.470.729 - - - employee benefits

Pendapatan bunga 271.720.116 1.055.051.654 775.605.637 849.081.366 Interest income

Bagian atas laba (rugi) Share in net income

neto Entitas Asosiasi 12 164.225.933 (616.781.173) (2.396.695.859 ) (120.701.888 ) (loss) of Associates

Gain on sale of

Laba penjualan property, plant and

aset tetap 9 438 - 39.700.000 111.005.696 equipment

Pendapatan dividen - - - 612.694.084 Dividend income

Lain-lain - neto (136.427.423) (2.133.893.963) 13.097.962.157 (2.423.139.332) Others - net

TOTAL BEBAN TOTAL OTHER

LAIN-LAIN - NETO (2.144.807.401) (6.180.095.461) (8.917.975.850 ) (14.646.628.628) EXPENSES - NET

RUGI SEBELUM MANFAAT LOSS BEFORE INCOME

(BEBAN) PAJAK TAX BENEFIT

PENGHASILAN - NETO (34.159.617.149) (32.903.485.960 ) (48.159.198.663 ) (42.988.462.215 ) (EXPENSES) - NET

(17)

30 Juni/June 30

Notes 2021 Unaudited) 2020 2019

RUGI SEBELUM MANFAAT LOSS BEFORE INCOME

(BEBAN) PAJAK TAX BENEFIT

PENGHASILAN - NETO (34.159.617.149) (32.903.485.960 ) (48.159.198.663 ) (42.988.462.215 ) (EXPENSES) - NET

MANFAAT (BEBAN) INCOME TAX BENEFIT

PAJAK PENGHASILAN - (EXPENSES) -

NETO 2p,18c (418.646.122) 2.527.651.311 (10.172.673.313 ) (1.298.706.254 ) NET

RUGI NETO (34.578.263.271) (30.375.834.649 ) (58.331.871.976 ) (44.287.168.469 ) NET LOSS

PENGHASILAN (RUGI) OTHER

KOMPREHENSIF COMPREHENSIVE

LAIN-LAIN INCOME (LOSS)

Penghasilan (rugi)

komprehensif lain Other comprehensive

yang tidak akan income (loss) not

direklasifikasi ke to be reclassified

laba rugi: to profit or loss:

Adjustment on

Penyesuaian aset financial assets

keuangan yang measured at

diukur pada nilai fair value

wajar melalui through other

penghasilan comprehensive

komprehensif lain 2r,13 176.557.671.186 (111.503.120.000) (91.396.000.000 ) (62.149.280.000) income

Penghasilan (rugi)

komprehensif lain Other comprehensive

yang akan income (loss)

direklasifikasi ke to be reclassified

laba rugi: to profit or loss:

Remeasurement of

Pengakuan kembali employee

liabilitas imbalan benefits

kerja karyawan 2m,23 1.495.074.055 - (156.721.345 ) (738.363.309) liabilities

Share in other

Bagian penghasilan comprehensive

komprehensif lain income of

Entitas Asosiasi 2i,12 89.808.730 - 34.475.702 (9.556.819) Associates

Efek pajak terkait 2p,18e (185.203.907) - 22.226.892 232.359.987 Related tax effect

TOTAL TOTAL OTHER

PENGHASILAN (RUGI) COMPREHENSIVE

KOMPREHENSIF LAIN 177.957.350.064 (111.503.120.000) (91.496.018.751 ) (62.664.840.141) INCOME (LOSS)

TOTAL TOTAL

LABA (RUGI) COMPREHENSIVE

KOMPREHENSIF 143.379.086.793 (141.878.954.649) (149.827.890.727 ) (106.952.008.610) INCOME (LOSS)

(18)

The accompanying notes to the consolidated financial statements form an integral part of these consolidated 30 Juni/June 30

Notes 2021 Unaudited) 2020 2019

Laba (rugi) neto yang dapat Net income (loss)

diatribusikan kepada: attributable to:

Owners of the

Pemilik Entitas Induk (23.580.065.738) (23.371.719.313 ) (44.896.235.179 ) (32.542.540.065) Company

Kepentingan Noncontrolling

nonpengendali 2c (10.998.197.533) (7.004.115.336 ) (13.435.636.797 ) (11.744.628.404) interest

TOTAL (34.578.263.271) (30.375.834.649 ) (58.331.871.976 ) (44.287.168.469) TOTAL

Laba (rugi) komprehensif Comprehensive

yang dapat income (loss)

diatribusikan kepada: attributable to:

Owners of the

Pemilik Entitas Induk 154.986.963.421 (134.874.839.313) (135.814.958.543 ) (96.063.505.389) Company

Kepentingan Noncontrolling

nonpengendali 2c (11.607.876.628) (7.004.115.336 ) (14.012.932.184 ) (10.888.503.221) interest

TOTAL 143.379.086.793 (141.878.954.649) (149.827.890.727 ) (106.952.008.610) TOTAL

Rugi neto per saham Loss per share

yang dapat attributable to

diatribusikan kepada the shareholders

Pemilik Entitas Induk 2u,34 (8,56) (8,48 ) (16,30 ) (11,81) of the Company

(19)

Saldo laba (Defisit)/

Retained earnings (Deficits)

Catatan/

Notes

Modal saham/

Share capital

Tambahan modal disetor/

Additional paid-in capital

Telah ditentukan penggunaannya/

Appropriated

Belum ditentukan penggunaannya/

Unappropriated

Penghasilan (rugi) komprehensif

lain/Other comprehensive

income (loss)

Total/

Total

Kepentingan nonpengendali/

Noncontrolling interests

Total Ekuitas - Neto (Defisiensi

Modal)/Total Equity - Net (Capital Deficiency)

Saldo 1 Januari 2019 275.512.500.000 (101.245.357.037 ) 438.712.505 (121.846.565.334 ) 211.637.991.510 264.497.281.644 (64.508.830.995 ) 199.988.450.649

Balance as of January 1, 2019 Pembayaran dividen pihak

nonpengendali - - - - - - (980.000.000 ) (980.000.000 )

Payment of dividend to noncontrolling interests Rugi komprehensif tahun berjalan - - - (33.914.225.389 ) (62.149.280.000 ) (96.063.505.389 ) (10.888.503.221 ) (106.952.008.610 ) Comprehensive loss for the year

Saldo 31 Desember 2019 275.512.500.000 (101.245.357.037 ) 438.712.505 (155.760.790.723 ) 149.488.711.510 168.433.776.255 (76.377.334.216 ) 92.056.442.039

Balance as of December 31, 2019

Penyesuaian terkait penerapan PSAK No. 71, No. 72 dan

No. 73 - - - (42.678.007.060 ) - (42.678.007.060 ) (3.261.215.260 ) (45.939.222.320 )

Adjustment related to implementation of PSAK No. 71, No. 72 and No. 73 Rugi komprehensif tahun berjalan - - - (44.418.958.543 ) (91.396.000.000 ) (135.814.958.543 ) (14.012.932.184 ) (149.827.890.727 ) Comprehensive loss for the year

Saldo 31 Desember 2020 275.512.500.000 (101.245.357.037 ) 438.712.505 (242.857.756.326 ) 58.092.711.510 (10.059.189.348 ) (93.651.481.660 ) (103.710.671.008 )

Balance as of December 31, 2020

(20)

Catatan atas laporan keuangan konsolidasian merupakan bagian yang tidak terpisahkan dari

Saldo laba (Defisit)/

Retained earnings (Deficits)

Catatan/

Notes

Modal saham/

Share capital

Tambahan modal disetor/

Additional paid-in capital

Telah ditentukan penggunaannya/

Appropriated

Belum ditentukan penggunaannya/

Unappropriated

Penghasilan (rugi) komprehensif

lain/Other comprehensive

income (loss)

Total/

Total

Kepentingan nonpengendali/

Noncontrolling interests

Total Ekuitas - Neto (Defisiensi

Modal)/Total Equity - Net (Capital Deficiency)

Saldo 1 Januari 2021 275.512.500.000 (101.245.357.037 ) 438.712.505 (242.857.756.326 ) 58.092.711.510 (10.059.189.348 ) (93.651.481.660 ) (103.710.671.008 )

Balance as of January 1, 2021

Rugi neto tahun berjalan - - - (23.580.065.738 ) - (23.580.065.738 ) (10.998.197.533 ) (34.578.263.271 ) Net loss for the year

Penghasilan (rugi)

komprehensif lain

Other comprehensive income (loss) Pengukuran kembali liabilitas

imbalan kerja karyawan 2m,23 - - - 2.270.133.456 - 2.270.133.456 (775.059.401 ) 1.495.074.055

Remeasurement of employee benefits liabilities Bagian pada penghasilan

(rugi) komprehensif lain

Entitas Asosiasi 2i,12 - - - 89.808.730 - 89.808.730 - 89.808.730

Share in other comprehensive income (loss) of Associates

Efek pajak terkait 2p,18e - - - (350.584.213 ) - (350.584.213 ) 165.380.306 (185.203.907 ) Related tax effect

Penyesuaian aset keuangan yang diukur pada nilai wajar melalui penghasilan

komprehensif lain 2r,13 - - - - 176.557.671.186 176.557.671.186 - 176.557.671.186

Adjustment on financial assets measured at fair value

through other comprehensive income

Saldo 30 Juni 2021 275.512.500.000 (101.245.357.037 ) 438.712.505 (264.428.464.091 ) 234.650.382.696 144.927.774.073 (105.259.358.288 ) 39.668.415.785 Balance as of June 30, 2021

(21)

30 Juni/June 30

Notes 2021 Unaudited) 2020 2019

CASH FLOWS FROM

ARUS KAS DARI OPERATING

AKTIVITAS OPERASI ACTIVITIES

Penerimaan dari pelanggan 66.402.468.208 67.716.171.538 143.999.214.604 249.266.472.282 Receipts from customers

Pendapatan bunga 271.720.116 - 775.605.637 849.081.366 Interest income

Pembayaran kepada pemasok (40.085.454.287) (45.362.670.759) (111.941.357.642) (132.777.499.411) Payment to suppliers Pembayaran kepada karyawan (37.471.695.537) (42.215.891.368) (81.365.262.922 ) (115.345.613.493) Payment to employees

Pembayaran kegiatan Payment for other

operasional lainnya (6.905.800.812) 1.055.051.655 3.766.111.718 (5.192.399.340) operating activities

Pembayaran pajak (2.963.229.865) - (161.321.708 ) (1.062.394.903) Payment for taxes

Pembayaran bunga (1.897.196.205) (3.421.995.271) (5.536.120.057 ) (7.908.101.807) Payment of interest

Arus Kas Bersih Net Cash Flows Used

Digunakan untuk for Operating

Aktivitas Operasi (22.649.188.382) (22.229.334.205) (50.463.130.370) (12.170.455.306 ) Activities

CASH FLOWS FROM

ARUS KAS DARI INVESTING

AKTIVITAS INVESTASI ACTIVITIES

Penyertaan saham pada Additional investment in

Entitas Asosiasi 12 (800.000.000) - - - Associates

Acquisition of property,

Perolehan aset tetap 9 (309.065.457) 378.668.317 (951.932.115 ) (1.012.718.580) plant and equipment

Acquisition of

Perolehan aset takberwujud 10 (283.637.800) - - (766.260.000) intangible assets

Proceeds from sales of

property, plant and

Penjualan aset tetap 9 350.000 - 39.700.000 148.390.413 equipment

Penerimaan dividen - - - 612.694.084 Receipts of dividend

Arus Kas Bersih Net Cash Flows Used

Digunakan untuk for Investing

Aktivitas Investasi (1.392.353.257) 378.668.317 (912.232.115) (1.017.894.083 ) Activities

(22)

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

30 Juni/June 30

Notes 2021 Unaudited) 2020 2019

CASH FLOWS FROM

ARUS KAS DARI FINANCING

AKTIVITAS PENDANAAN ACTIVITIES

Penambahan (penerimaan) Additional (receipts) of

utang pihak berelasi 8 23.250.524.718 12.739.233.380 (12.635.046.621 ) 8.828.700.400 due to related parties

Penambahan (penerimaan) Additional (receipts) of

utang pihak ketiga 20 2.422.716.320 - (4.154.106.434 ) (4.620.720.276) due to third parties

Receipts (additional) of

Penerimaan (penambahan) due from

piutang pihak berelasi 8 (10.574.882.714) (11.452.366.725) 27.991.838.653 (879.002.251) related parties

Penerimaan (pembayaran) Receipts (payment) of

utang bank jangka pendek 14 (2.563.989.532) (1.499.845.466) 5.715.351.816 27.172.957 short-term bank loans

Pembayaran Payment of

liabilitas sewa 11 (519.749.994) - (490.045.911 ) - lease liabilities

Pembayaran Payment of

utang pembiayaan 21 (227.325.308) - (910.099.742 ) (726.165.343) financing payables

Penambahan liabilitas Additional of other

keuangan lainnya - 45.632.013.158 79.497.344.385 706.120.177 financial liabilities

Pembayaran utang bank Payment of long-term

jangka panjang 22 - (13.579.672.832) (40.291.494.478 ) (1.945.392.651) bank loans

Pembayaran dividen kepada Payment of dividend

kepentingan to noncontrolling

nonpengendali - - - (980.000.000) interests

Arus Kas Bersih Net Cash Flows

Diperoleh dari Provided by

Aktivitas Pendanaan 11.787.293.490 31.839.361.515 54.723.741.668 410.713.013 Financing Activities

NET INCREASE

KENAIKAN (PENURUNAN) (DECREASE) IN

BERSIH KAS DAN CASH AND CASH

SETARA KAS (12.254.248.149) 9.988.695.627 3.348.379.183 (12.777.636.376 ) EQUIVALENTS

CASH AND CASH

KAS DAN SETARA KAS EQUIVALENTS AT

PADA AWAL BEGINNING OF

PERIOD/TAHUN 26.724.525.401 23.376.146.218 23.376.146.218 36.153.782.594 THE PERIOD/YEAR

CASH AND CASH

KAS DAN SETARA KAS EQUIVALENTS AT

PADA AWAL BEGINNING OF

PERIOD/TAHUN 4 14.470.277.252 33.364.841.845 26.724.525.401 23.376.146.218 THE PERIOD/YEAR