OLEH:
OLEH:
E R
E RA N I A A N I A D E J ED E J ES U S S U S D . RD . R. M. M ( 1 4 M( 1 4 MPPA X X IA X X IX 1 1 )X 1 1 )
ESYNASALI V
ESYNASALI V. SEBA. SEBAYYANGANG (14MP(14MPAXXXA08)AXXXA08)
FREDERICHA RETNO DHETA T.A
FREDERICHA RETNO DHETA T.A
(14MPAXXXA10) (14MPAXXXA10) H E H ES TS TI I S RS RI I B UB UD ID IA SA ST UT UT IT I ( 1( 14 M4 MPPA XA XX XX XB B 8 )8 )
ANALISIS A!TIVITAS
ANALISIS A!TIVITAS
PENDANAAN
PENDANAAN
Analisis aktivitas pendanaan Analisis aktivitas pendanaan
Tinjauan Tinjauan kewajiban kewajiban s seewwaa IImmbbaallaan n ppaassccaa pensiun pensiun Kontijensi dan Kontijensi dan komitmen komitmen Pendanaan diluar Pendanaan diluar neraca neraca Ekuitas pemengan Ekuitas pemengan saham saham Kewajiban lancar Kewajiban lancar Kewajiban tidak Kewajiban tidak lancar lancar Analisi kewajiban Analisi kewajiban Akuntansi dan Akuntansi dan pelaporan sew pelaporan sewaa Analisi sewa Analisi sewa Menyelesaikan Menyelesaikan laporan sewa laporan sewa Imbalan pensiun Imbalan pensiun Imbalan pasca Imbalan pasca pensiun lainny pensiun lainnyaa Pelaporan dan Pelaporan dan analisi imbalan analisi imbalan pasca pensiun pasca pensiun Analisis kotijensi Analisis kotijensi Analisis komitmen Analisis komitmen Contoh pendanan Contoh pendanan diluar neraca diluar neraca Analisis
Analisis pendanaanpendanaan diluar neraca diluar neraca Entitas bertujuan Entitas bertujuan khusus (SPE) khusus (SPE) Saham modal Saham modal aba ditahan aba ditahan Kewajiban Kewajiban pada ujun!
Analisis aktivitas pendanaan Analisis aktivitas pendanaan
Tinjauan Tinjauan kewajiban kewajiban s seewwaa IImmbbaallaan n ppaassccaa pensiun pensiun Kontijensi dan Kontijensi dan komitmen komitmen Pendanaan diluar Pendanaan diluar neraca neraca Ekuitas pemengan Ekuitas pemengan saham saham Kewajiban lancar Kewajiban lancar Kewajiban tidak Kewajiban tidak lancar lancar Analisi kewajiban Analisi kewajiban Akuntansi dan Akuntansi dan pelaporan sew pelaporan sewaa Analisi sewa Analisi sewa Menyelesaikan Menyelesaikan laporan sewa laporan sewa Imbalan pensiun Imbalan pensiun Imbalan pasca Imbalan pasca pensiun lainny pensiun lainnyaa Pelaporan dan Pelaporan dan analisi imbalan analisi imbalan pasca pensiun pasca pensiun Analisis kotijensi Analisis kotijensi Analisis komitmen Analisis komitmen Contoh pendanan Contoh pendanan diluar neraca diluar neraca Analisis
Analisis pendanaanpendanaan diluar neraca diluar neraca Entitas bertujuan Entitas bertujuan khusus (SPE) khusus (SPE) Saham modal Saham modal aba ditahan aba ditahan Kewajiban Kewajiban pada ujun!
!
!"#$%&'$ $*$+ "#$%&'$ $*$+ ,- "#$%&'$ /$,- "#$%&'$ /$
"2$3$/$ ""+2$ "2$$ $3"5 "2$3$/$ ""+2$ "2$$ $3"5
$*$+ $5$2 2*2/$ "#$%&'$ $*$+ $&/$. $*$+ $5$2 2*2/$ "#$%&'$ $*$+ $&/$. !
!"#$%&'$ 5&6$ $*$+ "#$%&'$ 5&6$ $*$+ ,- "#$%&'$ /$ %$527,- "#$%&'$ /$ %$527 5"/$ 5&6$ 6$$ 6$$ 3$52 5$72 $5$2 5"/$ 5&6$ 6$$ 6$$ 3$52 5$72 $5$2 3$52 3&23 "+$3&9 $$ /$ "'&7
3$52 3&23 "+$3&9 $$ /$ "'&7 $%$$%$
!EAJIBAN
!EAJIBAN
!
!
"5"52$ 25$ ( 3""+5& 5$
"5"52$ 25$ ( 3""+5& 5$
$ %$527 5"9
$ %$527 5"9
5&$5 '2$9 $ "'$/$+$9 6$ %2$7)
5&$5 '2$9 $ "'$/$+$9 6$ %2$7)
P"'$5$3$ "$
P"'$5$3$ "$
$&$ 32'"+ 6$/$
$&$ 32'"+ 6$/$
6$
6$
"$3$$$ $5&;&5$3 '&3&3.
"$3$$$ $5&;&5$3 '&3&3.
!
!
"$2$ 6$ <
"$2$ 6$ <
"3&'&&5$3 252 ""+"7
"3&'&&5$3 252 ""+"7
"6$$$ 3"$%25/$
"6$$$ 3"$%25/$
!
!
"#$%&'$ 252 6$
"#$%&'$ 252 6$
"+%$9 "+'$
"+%$9 "+'$
6&$ 25$
6&$ 25$
5"+7$6$ "2&5$3 (6"'5 5 "=2&5/)9
5"+7$6$ "2&5$3 (6"'5 5 "=2&5/)9
6$ 22+$
6$ 22+$
"2$$ $&.
"2$$ $&.
F
F
&52+ ;"+3& "#$%&'$ /$
&52+ ;"+3& "#$%&'$ /$
'"+3&>$5
'"+3&>$5
6&>23&
6&>23&
L$+$$ $5$3 "'$/$+$, "'$/$+$ 3""+5&
L$+$$ $5$3 "'$/$+$, "'$/$+$ 3""+5&
6";&6".
6";&6".
FITUR PETING DALAM ANALISIS
FITUR PETING DALAM ANALISIS
!EAJIBAN
!EAJIBAN
S"#$ ,- P"+%$%&$ 5+$52$ $5$+$ "&&("33+) S"#$ ,- P"+%$%&$ 5+$52$ $5$+$ "&&("33+) 6$ "#"/$ ("3"").
6$ "#"/$ ("3""). P"+%$%&$ && "'"+&$ 7$P"+%$%&$ && "'"+&$ 7$ "$6$ "33"" 252 "2$$ $3"5 /$ 6&&&& "$6$ "33"" 252 "2$$ $3"5 /$ 6&&&& "7 "33+9 3"$$ $3$ 3"#$. S"'$$& '$$3$/$9 "7 "33+9 3"$$ $3$ 3"#$. S"'$$& '$$3$/$9 "33"" "'$/$+ 3"#$ /$ 6&3"'25 "'$/$+$ "33"" "'$/$+ 3"#$ /$ 6&3"'25 "'$/$+$ 3"#$ &&2 (MLP). 3"#$ &&2 (MLP).
SEA
SEA
S e w a s e b a ! a i c a p i t a l l e a s e " a) # er d a p a t t r a n s $ e r k e p e m i l i k a n a s e t k e p a d a l e s s e e p a d a a k h i r m a s a s e w a % b) # er d a p a t o p s i u n t u k m e m b e l i a s e t p a d a h a r ! a m u r a h ( b a r ! a i n p r i c e ) c) M a s a s e w a & ' a t a u l e b i h d a r i e s t i m a s i u m u r e k o n o m i a s e t d) * i l a i s e k a r a n ! p e m b a y a r a n s e w a d a n p e m b a y a r a n s e w a mi n i mu n + , a t a u l e b i h d a r i n i l a i w a j a r a s e t d i k u r a n ! i d e n ! a n k r e d i t p a j a k i n - e s t a s i y a n ! d i t a h a n o l e h l e s s o r . S e w a s e b a ! a i o p e r a t i n ! l e a s e / a m p a k o p e r a t i n ! l e a s e 0 p e r a t i n ! l e a s e m e n y a j i k a n k e w a j i b a n l e b i h r e n d a h d a r i s e h a r u s n y a d e n ! a n t i d a k m e n y a j i k a n p e n d a n a a n d e n ! a n s e w a d a l a m n e r a c a . 0 p e r a t i n ! l e a s e m e n y a j i k a n a s e t l e b i h r e n d a h d a r i s e h a r u s n y a . 0 p e r a t i n ! l e a s e m e n u n d a p e n ! a k u a n b e b a n d i b a n d i n ! k a n d e n ! a n c a p i t a l l e a s e . 0 p e r a t i n ! l e a s e m e n y a j i k a n k e w a j i b a n l a n c a r l e b i h r e n d a h d a r i s e h a r u s n y a d e n ! a n t i d a k m e n y a j i k a n p o r s i p e m b a y a r a n p o k o k y a n ! j a t u h t e m p o d a l a m w a k t u s a t u t a h u n d a l a m n e r a c a . 0 p e r a t i n ! l e a s e m e m a s u k k a n b u n ! a d a l a m b e b a n s e w a .
Determining t he Present Value of Projected Operating Lease
1. M$>$$5 P"3&2 9 "'"+& "+%$ "%$%&$
$>$$5 "5"+ "$6$ ""+%$ $3*$"3&2. ?. M$>$$5 $& $3*$"3&2 ""+%$ "'"+& "+%$
"/"6&$$ $>$$5 $& ("5"+)
$3*$"*&2 5"+25$$ ""&7$+$$ "3"7$5$ 6$ %&#$.
RESTATING FINANCIAL STATEMENT FOR
LEASE RECLASSIFICATION
( P E N YA J I A N ! E M B A L I L A P O R A N ! E U A N G A N U N T U ! R E ! L A S I F I ! A S I S E A )
R"*$35& $+$ $'$ +2& B"35 B2/ , '"'$ "+$3& 52+2 "%$6& @ 1 %25$ ("7$23$ '"'$ 3"#$ 3"'"3$+ @44 %25$ /$ 6&$+$ 5$72 ?004 6$ "$'$7$ '"'$ "/2325$ 3"'"3$+ @? %25$) , '"'$ '2$ $& 3"'"3$5 @1 %25$ ("%$6& @?01 %25$) , $'$ '"+3&7 52+2 3"'"3$+ @ 10 %25$ $'$ 3"'"2 $%$ $6$$7 3"'"3$+ @1 %25$ (1,09)9 $32 3& 5$+&> $%$ $+&$ "+23$7$$ 6& 5$72 ?004 T5$ $3"5 6$ 55$ " #$%&'$ " 62$/$ "%$6&
"&$5 3"'"3$+ @9?1 &&$+ $6$ $7&+ 5$72 ?0049 /$ "+2$$ &$& 3"$+$ "+$5& "$3"
!"$&$ "#$%&'$ 5" +6&+& $5$3 "$&$ "#$%&'$
Kontijensi 9 "+2$$ "252$ 6$ "+2&$ 5"3&$ /$ "/""3$&$/$ '"+$52 $6$ 3$52 $5$2 "'&7 "+&35&#$ 6&$3$ 6"$.
Contigent liabilities, "+2$$ $& 5"3&$ $5$3 32'"+6$/$ "+23$7$$
Contigent liabilities hars !e !enhi " #on$isi%
1. '"3$+ "2&$ (P+'$'") '$7#$
$3"5 $$ 52+2 &$&/$ $5$2 "#$%&'$ $$ 5&'2
?. %2$7 "+2&$ 7$+23 6$$5 6&"35&$3& 6"$ "$6$& (+"$3$'/ "35&$5")
Analisis Contigent Liabilities
!"#$%&'$ 5&" /$ 6&$+$ "+2$$ "35&$3&. !"$2+$5$ $$&3&3 '"+$52 $6$ "$2+$5$ "35&$3& 5"+3"'25.
P"2$$ 5&%" "&25&:
D"3+&3& "#$%&'$ 5&%" 6$ 5&$5 +&3&
J2$7 5&%"3& 5"3&$ 6$ '$$& $$ $+5&3&$3& &7$ $& /$ 6&"+$2$ 6$$ ""52$ 5"3& P"'"'$3$ "35&$3& "+2&$ 5&%"9 %&$ $6$.
Ko!it!en, "+2$$ $& 5"3&$ $5$3 32'"+ 6$/$ "+23$7$$ '"+6$3$+$ &"+%$ 6& $3$ 6"$ 3"32$& 5+$.
Analisis !engenai #o!iten%
M"$$&3&3 2&$3& $5$+ $$%"" 6$ 3&$+$ "+3 M"$$&3&3 *$5$5$ 5"5$ &5" 9 5"+$32
D"3+&3& &5" 6$ '"3$+$ J2$7 +&3& 6$
'$$&$$ 6&"+$2$ 6$$ "&$& "332+ +&3& !6&3& 5+$ 6$ #$52
M"$7$& '&$3 /$ 2& 5"+%$6& 252 5&6$ "2$$ &5"
O& balan'e sheet ( nan'ing $6$$7 5&6$ 5"+*$5$5/$ "#$%&'$ "6$$$ 5"+5"52 M5&;$3&:
U52 "%$$ 25$ 6& 6$$ "+$*$9 6& $$ 3"'$$& 3$$7 3$52 "+3/$+$5$ $25$3& /$
"*"+&$ "#$%&'$ 6$+& 5+$3$3& 5"+5"52 , '$$*",37""5 "'&$/$$9 3$+$$ '$+2 6$ &;$5&> /$ 6&+$*$ 252 "$'& "2523$ /$ 5"$5.
T+$3$3& $6$,$6$ 6&2$$ 3"'$$& "'&$/$$ ,'$$*",37""5:
S"#$ "+$3& /$ '&3$ 6&'"6$$ 6$+& 3"#$ 6$
M"$2&,""$5$ "+%$%&$9 6& $$ 3"'2$7 "+23$7$$ 3"52%2 252 "%$$$ '$+$ "$2& >$3&&5$3 "$7$ P"$52+$ T$",$5$2,"'$/$+9 6& $$ 3"'2$7 "+23$7 $$ "%$& 252 "'$/$+ 252 '$+$ $$$7 6&"+2$ $5$2 5&6$ 23$7$ $52$ 5"+5"52 6$ "&5+$$ 5"+'$5$3 "$52+$ "'&$/$$ +629 6& $$ "+23$7$$ "%2$ 6$ 3"52%2 25 2 '$& "'"&$ "'$& "+3"6&$$ $5$2
"%$& 7$+$ %2$
P&25$ J2$ 6"$ +"*2+3" 6$ "+"$ "+"$ 3"'$$& "%2$$ 6$+&$6$ "#$%&'$
P&25$ J2$ 3"'$$& 622$ 252 25$ /$ 6&%2$ 252 22
!3" S"*&$ P2+3" E5&5&"3 (SPE):
SPE 6&'"52 "7 "+23$7$$ 33+ 6$ 6&$&5$&3$3& 6"$ &;"35$3& "2&5$39 '"'"+$$ 6&$5$+$/$ 7$+23 '"+$3$ 6$+& &7$ "5&$ /$ &6""6".
SPE "&$5$ &;"35$3& "2&5$3 && 6"$ "%$& 6$+& $3$+ +"6&5 6$ "'"& $3"5 6$+& $5$2 252
"+23$7$$ 33+.
A+23 $3 6$+& $3"5 6&2$$ 252 "'$/$+ 25$ 6$ "/"6&$$ ""'$$ '$& &;"35+ "2&5$3.
ENTITAS BERTUJUAN !HUSUS
I235+$3& T+$3$3& SPE 252 M"%2$ P&25$ U3$7$
? $$3$ "2"+$ SPE:
SPE 6$$5 "/"6&$$ $5"+$5&> "6$$$ '"+'&$/$ +"6$7 6$+&$6$ "&%$ $32 6$+& $3$+ +"6&5
D$$ GAAP9 3"$$ SPE 6&35+252+$ 6"$ '"$+9 SPE 6&"+$2$ 3"'$$& "5&5$3 5"+&3$79 5&6$
S$$5 && FASB "$3& $3&$ 3"'$$&
Persahaan $engan berbagai #e-entingan. /Variable interest entitie) VIE0, /$&52 %&$ 55$ "2&5$3 /$ 6&"+5$+27$ 5&6$ $2 "'&$/$& "+$3& $5$2 %&$ VIE 2+$ 6$+& 3$$7 3$52 6&3& '"+25:
!"$2$ "$'& "2523$ !"#$%&'$ 252 "/"+$ "+2&$
A$&3&3 $5$3 "2&5$3 7$+23 ""+5&'$$ "22+$ 6$ "$+$ 35$6$+ "2&5$3 ""$ 3$7$. A$&3&3 5"+3"'25 "&25&: M"$3&$3&$ 6$ "&3$7$ 32'"+ 25$$ "6$$$ "2&5$3 M""$%$+& 7$ 252 "," ""$ 3$7$ 6$ +&+&5$3 "+"$ 6$$ &2&6$3&.
M"";$2$3& "'$5$3$ 722 252 6&35+&'23& "2&5$3 M""$$7 5+$9 "5"52$ 7229 6$ "'$5$3$,
"'$5$3$ $&/$ $5$3 6&35+&'23& 3$6 $'$
M"&$& "5"52$ 6$ +;&3& 3"2+&5$3 /$ 6$$5 6&;"+3&9 3& 3$7$ 6$ "3"$$5$ $&/$ /$ '"+5"3& ""+'&5$ 3$7$.
E!UITAS PEMEGANG S AHAM
(SHAREHOLDERS EUITY)
Pela-oran !o$al saha! S2'"+ "$&$ 6$ 3$7$ /$ '"+"6$+: P""+'&5$ 3$7$ !;"+3& 25$ 6$ 3$7$ +">"+" P""+'&5$ 6";&6" 6$7$ 6$ ""*$7$ 3$7$ P""+'&5$ 3$7$ 6$ $2&3&3& 6$ "+"+ P""+'&5$ 252 3& 3$7$ 6$ #$+$. S2'"+ "2+2$ 6$ 3$7$ /$ '"+"6$+: P"'"&$ 6$ "7"5&$ 3$7$ P"'"&$ "'$& 3$7$ P""*$7$ 3$7$ 5"+'$& (+"3"+;" 35* 3&5)
MODAL SAHAM
Klasi(#asi !o$al saha!,
S$7$ +";"+". C&+&, *&+&/$:
P+&+&5$3 $5$3 6&35+&'23& 6";&6"
P+&+&5$3 $5$3 &2&6$3&
D$$5 6&5$+& "%$6& 3$7$ '&$3$
T&6$ " && & 7$ 32$+$
H$+$ "'"&$ "'$&.
S$7$ '&$3$.
M"+2$$ " 3$7$ /$ "*"+&$ 7$
""&&$ 3"+5$ "&&& +"3& 5&& 6$ ""'$&$ 5&& $5$3 &"+% $"+23$7$$.
N&$& &$ 3$7$ '&$3$ "+2$$ $3$$7 "$ 6$ '"+3&>$5 7&35+&3.
Laba 1itahan /retaine$ earning0, "+2$$ 6$ /$ 6&7$3&$ 3"'2$7 "+23$7$$.
M"*"+&$ $22$3& $'$ +2& /$ 5&6$ 6&'$&$ 3"%$ '"+6&+&/$ "+23$7$$.
1e2i$en tnai $an $e2i$en saha!3
1e2i$en tnai, "+2$$ 6";&6" $& 22 6$ 3$$5 6&22$ "%$6& "#$%&'$ '$& "+23$7$$ . D";&6" && 5 "+25$ 6$$ '"52 $3"5 "+23$7$$9 6$$ '"52 '$+$ $5$2 6$$ '"52 6$7$
"+23$7$$ $&.
1e2i$en saha!, 6";&6" && "*"+&$ $&5$&3$3& $'$ 3"*$+$ "+$"
Pe!batasan Sal$o laba, "+2$$ "'$5$3$
S-in O& 9 /$&52 6&35+&'23& 3$7$ $$ "+23$7$$ "$6$ ""7$ 3$7$ 3"'$$& 6";&6"9 $3"5 6&2+$& 3"'$$& 3$6 $'$.
S-lit O& 9 /$&52 "+52$+$ 3$7$ $$ "+23$7$$
/$ 6&&&& "+23$7$$ 6"$ 3$7$ /$ 6&&&& "7 $+$ ""$ 3$7$9 $3"5 6&2+$& 6$
3$7$ 6&5"+&$ 6$+& ""$ 3$7$ 6&$2$ 3"'$$& 3$7$ /$ 6&5$+& "'$&.
R"5$&"6 "$ +&3 "+2$$ 6$ /$ 6&7$3&$ 3"'2$7 "+23$7$$.
A2 +"5$&"6 "$+&3 "*"+&$ $'$ $5$2 +2& /$ 5&6$ 6&'$&$ 3"%$ '"+6&+&/$ "+23$7$$.
D&;&6" 52$& (cash dividend) "+2$$ 6&35+&'23& $3 "$6$ ""$ 3$7$.
J"&3 6&;&6" $& $6$$7 6&;&6" ,52$&9 $5$2
6&;&6" +"+5&. D&;&6" && 5"+25$ 6$$ '"52 $3"5 "+23$7$$9 '$+$9 $5$2 6$$ '"52 3$7$ "+23$7$$ $&.
D&;&6" 3$7$ ( stock dividend) $6$$7 6&35+&'23& 3$7$ "+23$7$$ &52 3"6&+& "$6$ ""$ 3$7$ 3"*$+$ ++3&$. P""$ 3$7$
""+&$ 5$'$7$ 3$7$ 3"'$$& "$&7$ 3$6 $'$ " $2 6$.
DIVIDEN TUNAI DAN DIVIDEN
SAHAM
P"'$&$ $$ "+23$7$$ "$6$ ""$
3$7$ 6$$5 "$'& 3$52 6$+& 62$ '" 52 '"+&25: 1. Spin-Of /$&52 6&35+&'23& 3$7$ $$ "+23$7$$
"$6$ ""$ 3$7$ 3"'$$& 6&;&6" $3"5 (&;"35$3& 6$$ $$ "+23$7$$) 6&2+$& 3"'$$& 3$6 $'$. 2. Split-of /$&52 "+52$+$ 3$7$ $$ "+23$7$$ /$ 6&&&& "+23$7$$ 6"$ 3$7$ /$ 6&&&& "7 $+$ ""$ 3$7$ $3"5 (&;"35$3& 6$$ $$ "+23$7$$) 6&2+$& 3$7$ /$
6&5"+&$ 6$+& ""$ 3$7$ 6$ 6&"+$2$ 3"'$$& 3$7$ /$ 6&5$+& "'$& ( treasury
stock ).
I5",&5" /$ 5"+$32 6& 6$$ $'$ +"7"3&> $&/$ $6$$7:
1. L$'$ $5$2 +2& /$ '"2 6&+"$&3$3& 6$+& 3"2+&5$3 /$ 6$$5 6&$3$+$ 3"'$$& $3& $3& availale-!or-sale.
?. L$'$ $5$2 +2& /$ '"2 6&+"$&3$3& 6"+&;$5&;"
/$ ""27& "+3/$+$5$ $25$3& &62 &$&. . P"3&2 6$ P"+/$5$$ OPEB.
". Forei#n e$chan#e translation ad%ust&ent.
A!UMLASI LABA !OMPREHENSIF
LAINNYA
N&$& '22 "+ "'$+ 3$7$ ( ook value per share ) $6$$7 $$ "+ "'$+ /$ '"+$3$ 6$+& &2&6$3& "+23$7$$ $6$ %2$7 /$ 6&$+$ 6$$
"+$*$.
N&$& '22 ( ook value) "+2$$ &35&$7
;"3&$ /$ "$*2 $6$ &$& $3"5 '"+3&7 /$&52 55$ $3"5 6&2+$& 6"$ $&.
C$+$ 3"6"+7$$ 252 "7&52 &$& '22 $6$$7 "%2$7$ $2,$2 "2&5$3 3$7$ '&$3$ 6$ "2+$&/$ 6"$ $& /$ 6&6$722$ /$ 5&6$ 5"+*"+& 6$$ "+$*$.
N&$& '22 "&&& "+$$ "5& 6$$ $$&3&3 $+$ "2$$. A&$3&/$ "&25&:
1. N&$& '229 6"$ 5"3& "/"32$&$9 3"+& $& 6&2$$ 6$$ "&$&$ "3"$$5$ "+"+.
?. A$&3&3 "+23$7$$ 6"$ 3&3& '"3$+ $3"5 &2&6 (&35&523& "2$$9 &;"35$3&9 $32+$3&9 6$ '$) 3$$5 '"+$52 $6$ &$& '22.
. A$&3&3 '&$3& 2$&5$3 25$$ 6$ 3$7$ +">"+" 3$$5 ""+2$ "252$ $3"5 ( asset
convera#e)
RELEVANSI NIL AI BU!U PER LEMBAR
SAHAM
A&$3& 5"+3"'25 7$+23 " $2& "+5&'$$
$25$3& 6$$ "+7&52$ &$& '22 "+ "'$+ 3$7$ 3"'$$& '"+&25:
1. N&$& 5"+*$5$5 $3"59 72323/$ $3"5 %$$ $%$ 3""+5& +"+5&9 $'+&9 6$ "+$$5$9 '& $3$/$ 6&3$%&$ $6$ 7$+$ "+"7$ /$ 6$$5 3$$5 '"+'"6$ 6" $ &$& $3$+.
?. A3"5 5$ '"+#2%26 /$ 6&7$3&$ 3"*$+$ &5"+$ 6$ $3"5 5&%" 6"$ "2&$ 5"+%$6& /$ 5&& 3"+& $& 5&6$ 5"+*"+& 6$$ &$& '22.
'onvertile (et
'onvertile det $6$$7 3"2+&5$3 *$2+$ 5"+'$& /$ 5"+6&+& 6$+& '&$3& 725$ 6$ " 2&5$3.
C;"+5&'" 6"'5 $$ 5"+%$6& 7$/$ %&$ 7$+$ 3$7$ "'&7 5&& 6$+&$6$ 7$+$ ;"+3& $6$ 3$$5 %$527 5".
LI)*ILITI+S )T T,+ +( +/ OF
+0IT
3edee&ale Pre!erred Stock
SEC "/$5$$ '$7#$ 3$7$ +">"+" /$ 6$$5
6&5$+& "'$& '"+'"6$ 6"$ 6$ "2&5$3 ;"3&$ 6$ '2$ "+2$$ "2&5$3
""$ 3$7$ 6$ 5&6$ 6&$'2$ 6"$ 3"2+&5$3 "2&5$3 /$ 5&6$ 6$$5 6&5$+& "'$&. 4inority Interest
4inority Interest $5$2 '&$3$ 6&3"'25 6"$ non-controllin# interest5 "$*2 $6$ ""&&$
3"'$&$ "2&5$3 ""$ 3$7$ $$ "+23$7$$ /$ 6&&&& "7 ""$ 3$7$ &+&5$3.
IFRS "&6"5& $3& $5"+& "2&5$3 ""$ 3$7$ : "$$$ 6$9 *$6$$9 6$ "252$"+2&$ /$ 6&$22$3&.
S"*$+$ 229 '"+&25 && $ 22 sharedholders6 e7uity 9 /$&52:
1. M6$ 3$7$ 6&$+$ 3"'$$& &5" /$ 5"+ &3$7
?. !"'$/$$ "+23$7$$ "$+$ $'$ 6&5$7$9 5"5$& '"'"+$$ 6&$5$+$/$ ""+5$7$$ *$6$$ $'$ '"+3&7.
. C$6$$ $22$3& "6$$5$ +"7"3&> $&/$9 &&7$ "3$3&9 share pre&iu&9 6$ 6$$ '"'"+$$ $323 '$7$ $'$ 6&5$7$.
4. H$ &+&5$3 ( non-controllin# interest ) 6&3$%&$ 5"+&3$7 6$+& "2&5$3 ""$ 3$7$ &62 "+23$7$$ 5"5$& 5"+$32 6$$ '$&$ 55$ "2&5$3. . B"'"+$$ " 6"5$& $+$ "+23$7$$ $6$ "+$*$9 3""5$+$ 3"'$&$ $&/$ 7$/$ "$+$ $+"$5 252 3"5&$ $5"+&.
S,)3+,OL(+3S6 +0IT
3+PO3TIN N(+3 IF3S
L"33+ "$5"+&$ 3"#$ 3"'$$& operatin# lease $5$2 capital lease 9 3$$ 6"$ $3&$3& "7 "$3". J&$ 6&$3& $3&$ 3"'$$& operatin# lease5 $3"5
3"#$ 5"5$ '"+$6$ 6$$ "+$*$ lessor 6$
"'$/$+$ 3"#$ 6&"+$2$ 3"'$$& "6$$5$ 3$$5 6&5"+&$.
J&$ 6&$3& $3&$ 3"'$$& capital lease
"&6$7$ $3"5 3"#$ 6$+& "+$*$ 6$ "*$5$5 &25$ 3"'"3$+ %2$7 MPL /$ 6&7$+$$. 3"&3&7 $5$+$ &25$ 6$ $3"5 /$ 6&&6$7$ 6$+& "+$*$ 6&3$%&$ 3"'$$& "#$%&'$9 /$&52 "6$$5$
6&5"+&$ 6&2$ /$ '"+2+$ 6$ 6&*$5$5 3"'$$& "6$$5$ 3"*$+$ "+&6& 3"$%$ $3$ 3"#$.
A!UNTANSI DAN ANALISIS SEA,
LESSOR
D2$ %"&3 3"#$ /$ "5& '$& lessor $6$$7: 1. S"#$ P"%2$$ (sales-type lease) '&$/$ $3"5
3"#$ '"+'"6$ 6$+& &$& #$%$+ $3$+/$ $6$ 5$$ 3"#$.
?. S"#$ P"6$$$ $32 ( direct 8 nancin# lease)
&$& 3"#$ (&$& 3"$+$ "'$/$+$ &25$
3"#$) 3$$ 6"$ 7$+$ "+"7$ $3"5 /$ 6&'"& 6$ 5&6$ $6$ "*$5$5$ "%2$$ $5$2 $'$ 5+.
I&$3& $$&3&3 3"#$ 3$$ 6"$ &&$3& "'"+&$ +"6&5 $&/$.
1. D&"+2$ $$&3&3 $5$3 "5"+3"6&$$ *$6$$ 252 &25$ 3"#$ /$ 5&6$ 6$$5 6&5$&7
6&'$6&$ 6"$ "+2&$ /$ "+$7 6&$$& lessor .
?. P&25$ 3"#$ $$ 6&5$&7 3"$$ '"+5$72,5$72 6$ '$6&$ 22+ +$5$,+$5$ +5>& 3"#$ 6"$ #$%&'$ "+23$7$$.
P++$ "3&2 "+2$$ %$%& "'"+& "+%$ 252 "/"6&$$ $>$$5 "3&2 '$& ""+%$ 6$
"+%$%&$ 5"+3"'25 "&'$5$ 5&$ &7$: "'"+& "+%$9 /$ "'"+&$ 5+&'23& $6$ ++$ "3&29 ""+%$ /$ ""+&$ $>$$5 6$ 6$$ "3&2.
D$$ "3&2 5"+&3$7 6$+& " '"+& "+%$ 6$ 6&$6&&35+$3&$ "7 &7$ /$ 6&52%2.
D$$ "3&2 ""+&$ 5+&'23&9 "&;"35$3&$ 5+&'23& 5"+3"'25 6"$ *$+$ /$ 5"$59 6$
"'$&$ $>$$5 "3&2 "$6$ ""+%$.
E"" 6$+& P++$ P"3&2 P"'"+& !"+%$ D$$ P"3&2 P""+%$ Kontribs i In2estasi $an Penge!bal ian Man4aat /Pengelaran 5ang0
A!UMULASI PENSIUN DAN PEMBAGIAN
UNTU! PROGRAM IMBAL AN PASTI
D$$ /$ 6&"+2$ $6$ 3$$5 ""+%$ "3&2: &$& 3"$+$ 6$+& 10 $& "'$/$+$ 3"'"3$+ @?0.000 "+ 5$72 6"$ 5&$5 6&35 8Q "+ 5$72 @14.?00 !5+&'23& @4.4? "+ 5$72 I'$$ @?0.000 "+ 5$72 S"'"2 P"3&2 S$$5 P"3&2 P$3*$ P"3&2 1 T$72 10 T$72 P"'$/$+$ 5$72$ $6$ 6$$ "3&2 252 "7$3&$ $22$3& 3"'"3$+ @14.?00 6$$ #$52 1 5$72 6"$ 5&$5 6&35 8Q "+ 5$72 I'$$ 5$72$ 3"'"3$+ @?0.000 /$ 6&'$/$+$ "$6$ ""+%$ 3"$$ 10 5$72
B"'$ "3&2 /$ 5"+$32 6$$ $'$ '"+3&7 6&3"'25 '&$/$ "+3&2 "+&6" '"+3&79 "+ $5$$ " ;$5&5&5$3 '&$/$ "3&2 6"$ *$+$
"26$ "$2$/$ "$2& +3"3 6&5$27$ $5$2 6&$+5&3$3&.
P"3&2 "+2$$ 32'"+ 25$$ "#$%&'$ 6& 2$+ 3 "+$*$ ($5$2 6$$ $323 $& $3"5).
Other Postretire&ent +&ployee *ene8 ts (OPEB) "+2$$ $>$$5 /$ 6&'"+&$ "7 "'"+& "+%$ "$6$ "3&2$ 6$ $5$ "2$+$/$.
!" 6$3$+ 6$+& OPEB $6$$7 $>$$5
"+$#$5$ "3"7$5$.
B&$/$ OPEB 5"+$32 $'$ '"+3&7 6$$ 5" + '&$/$ $3*$"3&2 "+&6& '"+3&7 6$ "&25& '&$/$ %$3$9 '&$/$ '2$9 5&$5 ""'$&$ /$ 6&7$+$$ 6$+& $3"5 ++$ 6$ $+5&3$3& %2$7 /$
6&5$27$.
OT,+3 POST3+TI3+4+NT +4PLO++
*+N+FITS (OPEB)
T"+6$$5 +3"62+ &$ $$7 252 $$&3&3 $>$$5 $3$"3&2: 1. M""52$ 6$ " +"3&&$3& '&$/$ $>$$5 "& 6$ /$ 6&$+$ ?. M"'2$5 "/"32$&$ /$ 6&"+ 2$ $5$3 $+$ "2$$ . M"";$2$3& $323& $52$ 6$ 6$$/$ $6$ $+$ "2$$
4. M""+&3$ " 2$$ +&3& "3&2
. M""+5&'$$ &&$3& $+23 $ 6$+& +"*$$ $>$$5 $3$"3&2
ANALISIS MANFAAT
PASCAPENSI5N
Ke6ajiban Pesin
A6$ 62$ 6" &3& $5"+$5> 252 "#$%&'$ "3&2: 73 A#!lasi Ke6ajiban Man4aat
"3 Pro8e#si Ke6ajiban Man4aat
1. O;"+>26"6 ?. U6"+>26"6
ASET PENSI5N 1AN STAT5S
PEN1ANAAN
1. !" '"+2$ , B&$/$ S"+;&*" %$3$ , B&$/$ B2$ ?. !" 5&6$ '"+2$ , "252$ $5$2 "+2&$ $52$+&$ , 3 %$3$ /$ $2
BIAYA PENSIUN
A+5&2$3& 2*2 6$+& 72'2$ $5$+$ "+$*$9 $+$ $'$ K +2&9 6$ $+$ $+23 $3 /$ 5"+6$$5 6$$ $25$3& $+2$. P"$7$$ $5$3 $+5&2$3& && "&$5$ $$&3&3 $25$3& "3&2.
ARTIK5LASI *IA9A PENSI5N 1AN
STAT5S PEN1ANAAN
1. B&$/$ P"3&2 6&$2&
?. S5$523 /$ 6&$2& 6$$ "+$*$
