12. HUTANG BANK JANGKA PANJANG
12. LONG-TERM BANK LOANS
31 Maret/ 31 Maret/31 March 31 March
Dalam ribuan US Dollar 2010 2009 In thousands of US Dollar
The Bank of Tokyo-Mitsubishi UFJ, Ltd., Jakarta, fasilitas investasi, fasilitas maksimum USD 5.000.000, jatuh tempo 29 Maret 2014, jaminan: surat jaminan dari Toray Industries Inc., Jepang (pemegang saham) sebesar
USD 5.000.000,. 5,000 5.000
The Bank of Tokyo-Mitsubishi UFJ, Ltd., Jakarta, investment facility, maximum facility of USD 5,000,000, due on 29 March 2014, secured by a letter of guarantee from Toray Industries Inc., Japan (shareholder) in the amount of USD 5,000,000, Bank Sumitomo Mitsui Indonesia, Jakarta,
fasilitas pembelian barang modal, fasilitas maksimum USD 5.000.000, jatuh tempo 30 April 2014, jaminan: surat jaminan dari Toray Industries Inc., Jepang (pemegang saham) sebesar
USD 5.000.000. 5.000 5.000
Bank Sumitomo Mitsui Indonesia, Jakarta, capital expenditure facility, maximum facility of USD 5,000,000, due on 30 April 2014, secured by a letter of guarantee from Toray Industries Inc., Japan (shareholder) in the amount of USD 5,000,000. The Sumitomo Trust and Banking
Company, Ltd., Singapura, fasilitas general corporate purpose, fasilitas maksimum USD 5.000.000, jatuh tempo 31 Maret 2014, jaminan: surat jaminan dari Toray Industries Inc., Jepang (pemegang saham) sebesar
USD 5.000.000. 5.000 5.000
The Sumitomo Trust and Banking Company, Ltd., Singapore, general corporate purpose facility, maximum facility of USD 5,000,000, due on 31 March 2014, secured by a letter of guarantee from Toray Industries Inc., Japan (shareholder) in the amount of USD 5,000,000. 15.000 15.000
Bunga setahun untuk Annual interest rates on the hutang di atas 0.63688% –
0.83875%
1,95734% – 1,97500%
loans mentioned above
Perjanjian kredit yang diperoleh Perseroan mencantumkan beberapa persyaratan, antara lain sehubungan dengan karakteristik Perseroan, susunan pemegang saham, dan beberapa persyaratan administrasi.
The credit agreements obtained by the Company include certain requirements, among others, matters related to characteristics of the Company’s business, composition of shareholders, and certain administrative requirements.
24
13. MODAL SAHAM
13. SHARE CAPITAL
Per 31 Maret 2010 dan 31 Maret 2009, modal dasar Perseroan berjumlah Rp 10.000 juta, yang terdiri dari 6.500.000 saham seri B (saham biasa) dan 3.500.000 saham seri A (14,5% non-kumulatip partisipasi laba), masing-masing dengan nilai nominal Rp 1.000 per saham, telah ditempatkan seluruhnya dan disetor penuh oleh para pemegang saham berikut:
As of 31 March 2010 and 31 March 2009, the authorized share capital of the Company amounted to Rp 10,000 million, consisting of 6,500,000 series B shares (common stock) and 3,500,000 series A shares (14.5 percent non-cumulative participating) at par value of Rp 1,000 per share, fully issued to and paid-up by the following shareholders: 31 Maret 2010: 31 March 2010: Jumlah saham/ Number of shares Jumlah nominal (dalam ribuan USD)/ Par value Pemegang saham Seri A/ Series A Seri B/ Series B (inthousand of USD) % Shareholders
Toray Industries Inc., Jepang 200.000 2.792.990 6.072 30 Toray Industries Inc., Japan Kanematsu Corporation, Jepang
- 2.296.250 5.052 23
Kanematsu Corporation, Japan Tokai Senko K.K., Jepang - 326.000 1,000 3 Tokai Senko K.K., Japan Kurabo Industries Ltd., Jepang - 84.760 260 1 Kurabo Industries Ltd., Japan PT Budiman Kencana Lestari 165.500 1.000.000 2.782 12 PT Budiman Kencana Lestari PT Prospect Motor 1.197.050 - 1.234 12 PT Prospect Motor PT Easterntex 1.014.900 - 1.046 10 PT Easterntex Masyarakat lainnya 922.550 - 951 9 Other (public) shareholders
3.500.000 6.500.000 18.397 100 31 Maret 2009: 31 March 2009: Jumlah saham/ Number of shares Jumlah nominal (dalam ribuan USD)/ Par value Pemegang saham Seri A/ Series A (inthousand of USD) (inthousand of USD) % Shareholders
Toray Industries Inc., Jepang 200.000 2.792.990 6.072 30 Toray Industries Inc., Japan Kanematsu Corporation, Jepang
- 2.296.250 5,052 23
Kanematsu Corporation, Japan Tokai Senko K.K., Jepang - 326.000 1,000 3 Tokai Senko K.K., Japan Kurabo Industries Ltd., Jepang - 84.760 260 1 Kurabo Industries Ltd., Japan PT Budiman Kencana Lestari 165.000 1.000.000 2,782 12 PT Budiman Kencana Lestari PT Prospect Motor 1.197.050 - 1.234 12 PT Prospect Motor PT Easterntex 1.014.900 - 1.046 10 PT Easterntex Masyarakat lainnya 922.550 - 951 9 Other (public) shareholders
13. MODAL SAHAM (Lanjutan)
13. SHARE CAPITAL (Continued)
Seluruh saham Perseroan yang beredar/ditempatkan telah dicatatkan di Bursa Efek Indonesia (Catatan 1b).
Berdasarkan Anggaran Dasar Perseroan, saham-saham seri A yang telah diterbitkan tidak akan diubah menjadi saham-saham seri B.
All of the Company’s outstanding/issued shares have been listed on the Indonesia Stock Exchanges (Note 1b).
In accordance with the Company’s Articles of Association, the outstanding series A shares shall not be converted into series B shares in the future.
14. TAMBAHAN MODAL DISETOR 14. CAPITAL PAID IN EXCESS OF PAR
Merupakan selisih antara harga penawaran saham Rp 5.500per saham dengan nilai nominal Rp 5.000 per saham dari 116.000 saham yang dijual dalam masa penawaran perdana pada bulan Mei 1979 [lihat Catatan 1b(i)].
Represents the premium as a result of the difference between the offering price of Rp 5,500 and par value of Rp 5,000 per share from 116,000 shares sold during the initial public offering period of May 1979 [see Note 1b(i)].
15. PENJUALAN
15. SALES
31 Maret/ 31 Maret/ 31 March 31 March
Dalam Ribuan US Dollar 2010 2009 In thousand of US Dollar Merupakan penjualan bersih (setelah
dikurangi retur penjualan):
Represent net sales (after deduction of sales return):
Pihak ketiga 5.167 5.886) Third parties
Pihak yang mempunyai hubungan
istimewa 1.335 691) Related parties
6.502 6.577)
16. BEBAN POKOK PENJUALAN
16. COST OF SALES
31 Maret/ 31 Maret/31 March 31 March
Dalam ribuan US Dollar 2010 2009 In thousand of US Dollar
Pemakaian bahan baku 1.877) 4,176) Raw materials used
Upah langsung 589) 589) Labor cost
Beban produksi tak langsung 2,612) 2.973) Indirect production costs Jumlah beban produksi 5,077) 7.737) Total production costs Persediaan awal barang dalam pengolahan 1,660) 1,388) Beginning balance of work in process Persediaan akhir barang dalam pengolahan (1,185) (1,660) Ending balance of work in process Beban pokok produksi 5,552) 7.465€ Cost of goods manufactured Persediaan awal barang jadi 1.993) 3.385) Beginning balance of finished goods
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16. BEBAN POKOK PENJUALAN (Lanjutan)
16. COST OF SALES (Continued)
31 Maret/ 31 Maret/ 31 March 31 March
Dalam ribuan US Dollar 2010 2009 In thousand of US Dollar
Persediaan akhir barang jadi (1,943) (3,917) Ending balance of finished goods Beban pokok penjualan 5.602) 6.933) Cost of sales
Rincian pemasok dengan jumlah nilai pembelian bahan baku yang melebihi 10% dari total pembelian bersih adalah sebagai berikut:
The details of suppliers from whom the purchase of raw materials amounted to more than 10 percent of the total net purchases are as follows:
31 Maret/ 31 Maret/ 31 March 31 March
Dalam ribuan US Dollar 2010 2009 In thousand of US Dollar
PT Wisnu Tjandra 9 699 PT Wisnu Tjandra
)
PT Indonesia Toray Synthetics 721 359 PT Indonesia Toray Synthetics PT Grand Pintalan Textile Industries 0 0 PT Grand Pintalan Textile Industries Toyoshima & Co., Ltd., Jepang 366 72 Toyoshima & Co., Ltd.,Japan
17. BEBAN PENJUALAN
17. SELLING EXPENSES
31 Maret/ 31 Maret/31 March 31 March
Dalam ribuan US Dollar 2010 2009 In thousand of US Dollar
Beban ekspor 193) 254) Export charges
Komisi ekspor 168) 242) Export commissions
Iklan dan barang contoh 4) 10) Advertising and samples
Klaim penjualan 22) 0) Sales claims
388) 506)
18. BEBAN UMUM DAN ADMINISTRASI
18. GENERAL AND ADMINISTRATIVE EXPENSES
31 Maret/ 31 Maret/31 March 31 March
Dalam ribuan US Dollar 2010 2009 In thousand of US Dollar
Gaji dan bonus (termasuk pajak
penghasilan karyawan) 132) 165
Salaries and bonus (including employees’ income tax) Jasa profesional, keperluan kantor,
komunikasi dan sewa 125) 136
Professional fees, office supplies, communication and rental Perjalanan dinas, reparasi dan pemeliharaan 30) 26 Travelling, repairs and maintenance Kesejahteraan karyawan 2) 7 Employees’ welfare Penyusutan aktiva tetap 2) 2 Depreciation of fixed assets
Lainnya 21) 29 Others
19. LABA (RUGI) PER SAHAM
19. PROFIT (LOSS) PER SHARE
(Rugi) per saham dihitung dengan membagi rugi bersihdengan jumlah rata-rata tertimbang saham beredar dalam tahun yang bersangkutan, sebagai berikut:
(Losses) per share were calculated by dividing net loss by the weighted average number of outstanding shares during the year as follows:
31 Maret/ 31 Maret/ 31 March 31 March
Dalam ribuan US Dollar 2010 2009 In thousand of US Dollar
(Rugi) bersih 48 (1.586) Net loss
Jumlah rata-rata tertimbang saham seri A
yang beredar (dalam ribuan saham) 3.500) 3.500)
Weighted average outstanding series A shares (in thousands of share) Jumlah rata-rata tertimbang saham seri B
yang beredar (dalam ribuan saham)
)
6.500)
)
6.500)
Weighted average outstanding series B shares (in thousands of share)
Jumlah saham 10.000) 10.000) Total shares
Laba (Rugi) bersih per saham dasar (dalam
Rupiah penuh) 0.000 (0.016)
Primary net profit (loss) per share (in whole Rupiah)
Sesuai dengan pasal 24 dari Anggaran Dasarnya, pemegang saham seri A berhak menerima dividen secara non-kumulatip partisipasi laba sekurang-kurangnya sebesar 14,5% dari harga nominal saham seri A, selama keuntungan bersih Perseroan yang disajikan dalam laporan keuangan cukup untuk membayar dividen tersebut. Pemegang saham seri B akan menerima dividen dalam jumlah yang sama, setelah hak minimum pemegang saham seri A terpenuhi.
In accordance with article 24 of its Articles of Association, the series A shareholders have the privilege to receive at least 14.5 percent non-cumulative participating dividend from its nominal value if the Company’s profit, as stated in the financial statements, could cover such dividend. The series B shareholders will receive the same dividend after the series A shareholders receive their minimum dividend.
20. INFORMASI SEGMEN
20. SEGMENT INFORMATION
Perseroan hanya memiliki satu segmen usaha yaitu tekstil.Penjualan Perseroan berdasarkan wilayah geografis adalah sebagai berikut:
The Company only has one business segment, which is textile. The Company’s sales based on geographic areas are as follows:
31 Maret/ 31 Maret/ 31 March 31 March
Dalam ribuan US Dollar 2010 2009 In thousand of US Dollar
Lokal 2.349 1.028 Domestic
Asia 3,102 3.936 Asia
Eropa 663 922 Europe
Amerika 7 0 America
Negara lainnya 383 691 Other countries
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21. IKATAN-IKATAN
21. COMMITMENTS
a. Tokai Senko K.K., Jepang (pihak yang memiliki hubungan istimewa) untuk penyediaan informasi dan teknologi (know-how) kepada bagian pencelupan Perseroan, dimana Perseroan harus membayar imbalan bantuan teknik sebesar USD 0,003/yard untuk kain yang diproduksi (termasuk pekerjaan pengupahan pencelupan dan pengerjaan akhir) kecuali seluruh kain jadi grade C. Perjanjian ini diperbaharui setiap tahun. Beban imbalan jasa bantuan teknik untuk periode tiga bulan yang berakhir tanggal 31 Maret 2010 dan tiga bulan berakhir tanggal 31 Maret 2009 masing-masing berjumlah USD 32.732 dan USD 20.377
b. Kanematsu Group, Jepang (pihak yang memiliki hubungan istimewa) untuk jasa promosi dan penjualan produk Perseroan ke luar negeri seperti benang tenun dan kain jadi yang dihasilkan dan/atau diproses melalui jaringan organisasi Kanematsu Group, Jepang di seluruh dunia. Atas jasa ini Perseroan harus membayar komisi sebesar 3% - 7% dari nilai faktur penjualan ekspor. Perjanjian ini tetap berlaku kecuali salah satu pihak mengakhiri perjanjian ini. Beban komisi ekspor untuk periode tiga bulan yang berakhir tanggal 31 Maret 2010 dan 31 Maret 2009 masing-masing berjumlah USD 106.072 dan USD 171.904.
b. Tokai Senko K.K., Japan (a related party) to provide technical information and know-how to the Company's dyeing department, whereby the Company has to pay technical assistance fee of USD 0.003/ yard of fabric produced (including commission dyeing and finishing), except all finished C grade fabrics. This agreement is amended every year. The technical assistance fee for the three month ended 31 Maret 2010 and year ended 31 March 2009 was USD 32.732 and USD 20.377, respectively.
c. Kanematsu Group, Japan (a related party) to promote and sell the Company's products to overseas countries, such as yarn and fabrics produced and/or processed through Kanematsu Group, Japan's worldwide organization and network. For this right, the Company has to pay a commission of 3 percent – 7 percent from export invoice value. This agreement is valid unless either party terminates this agreement. The export commission for the three month ended 31 March 2010 31.March 2009 was USD 106.072 and USD 171.904, respectively.
d. PT Toray Industries Indonesia (pihak yang memiliki hubungan istimewa) untuk jasa konsultasi dan jasa pendukung lainnya. Perjanjian ini diperbaharui setiap tahun. Atas jasa ini Perseroan harus membayar imbalan jasa masing-masing sebesar USD 74.541 dan USD 70.830 untuk periode tiga bulan yang berakhir tanggal 31 Maret 2010 dan yang berakhir 31 Maret 2009. Beban ini diklasifikasikan sebagai beban umum dan administrasi.
Beban royalti dan beban jasa teknik diklasifikasikan sebagai beban produksi, sedangkan beban komisi ekspor diklasifikasikan sebagai beban penjualan.
d. PT Toray Industries Indonesia (a related party) to provide consultation and other supporting services. This agreement is amended every year. For these services, the Company has to pay a service fee amounting to USD 74.541 and USD 70.830 for the three month ended 31 March 2010 and ended 31 March 2009, respectively. This service fee was classified as general and administrative expenses.
The royalty and technical fee were classified as cost of sales and export commission was classified as selling expenses.
22. ASET DAN KEWAJIBAN DALAM 22. ASSETS AND LIABILITIES DENOMINATED
MATA UANG ASING
IN FOREIGN CURRENCIES
Aset dan kewajiban dalam mata uang asing, ekuivalen dalam Rupiah dan dalam ribuan USD, adalah sebagai berikut:
Assets and liabilities denominated in foreign currencies equivalent in Rupiah and in thousands of USD, are as follows: 31 Maret 2010/ 31 March 2010 Rupiah Dalam ribuan USD/ In thousands of USD Aset: Assets:
Kas dan bank 1.626.015.118 179 Cash on hand and in banks Piutang usaha
Aset lain lain
8.714.670.822 1.940.273.517 958 213 Trade receivables Others Assets 12.280.959.457 1.350 Kewajiban: Liabilities:
Hutang usaha 1.984.028.527 218 Trade payables Beban masih harus dibayar 2.068.423.124 227 Accrued expenses Kewajiban lain-lain 10.983.559.132 1,207 Other liabilities
15.036.010.783 1,652 Kewajiban melebihi aset dalam
mata uang asing 2.755.051.326 302
Excess of liabilities over assets denominated in foreign currencies
23. INFORMASI LAINNYA
23. OTHER INFORMATION
Rapat Umum Luar Biasa Pemegang Saham Perseroan tanggal 4 Agustus 2008 (risalah dibuat oleh notaris publik Haji Syarif Siangan Tanudjaja SH, dengan akte No. 2) memutuskan untuk mengubah mata uang pelaporan Perseroan dari Rupiah menjadi US Dollar mulai tahun buku 2009.
Perseroan juga telah mendapat persetujuan dari Menteri Keuangan/Direktorat Jenderal Pajak No. KEP-1575/WPJ.07/BD.04/2008 tanggal 11 Desember 2008 untuk menyelenggarakan pembukuan dalam US Dollar mulai tahun buku 2009.
The Extraordinary General Shareholders’ Meeting of the Company on 4 August 2008 (minutes prepared by notary public Haji Syarif Siangan Tanudjaja SH, by deed No. 2) resolved to change the Company’s reporting currency from Rupiah to US Dollar starting 2009.
The Company also has obtained an approval from Minister of Finance/Directorate General of Taxation No. KEP-1575/WPJ.07/BD.04/2008 dated 11 December 2008 for maintaining its accounting records in US Dollar from 2009.
