02
03
04
04
05
06
07
08
10
11
11
12
13
16
Visi Misi
Strategi Perseroan
Jejak Langkah
Peristiwa Penting 2013
Penghargaan
Sekilas GEMS
Profil Perseroan
Struktur Perseroan
Lokasi Pertambangan
Produk Batubara
Pangsa Pasar Perseroan
Ikhtisar Keuangan
Ikhtisar Saham
Pengembangan Sumber Daya Manusia
Vision Mision
Company Strategy
Milestones
Significant Events 2013
Awards
GEMS at a Glance
Company Profile
Company Structure
Mining Locations
Coal Products
Company Market Share
Financial Highlights
Stock Highlights
Human Resources Development
20
21
22
26
30
36
48
52
53
54
72
76
80
81
Nilai-nilai Perseroan
Struktur Organisasi
Laporan Dewan Komisaris
Profil Dewan Komisaris
Laporan Direksi
Analisis Manajemen
Profil Direksi
Komite Audit
Manajemen Eksekutif
Tata Kelola Perusahaan
Kesehatan, Keselamatan Kerja & Lingkungan
Hidup
Tanggung Jawab Sosial Perusahaan
Pernyataan Pertanggungjawaban
Laporan Keuangan
Company Values
Organization Structure
Board of Commissioners’ Report
Board of Commissioners’ Profile
Board of Directors’ Report
Management Analysis
Board of Directors’ Profile
Audit Committee
The Executive Management
Corporate Governance
Health, Safety & Environment
Corporate Social Responsibility
Statement of Responsibility
Visi
Vision
Menjadi perusahaan pertambangan terkemuka di Indonesia dengan
menciptakan nilai tambah bagi para pelanggan dan pemangku
kepentingan.
To be the leading mining company in Indonesia by creating added value to
customers & stakeholders.
Misi
Mision
1. Membangun budaya korporat yang berpusat pada sumber daya
manusia.
2. Fokus kepada keunggulan kegiatan operasional.
3. Membangun pertumbuhan berkesinambungan melalui standar
keselamatan kerja yang tinggi, pengembangan program
kemasyarakatan yang baik dan pengelolaan lingkungan hidup
yang tangguh.
1. Develop the best corporate culture centered on human capital.
2. Focus on excellence in operations.
3. Build sustainable growth through high safety standards, good
community program development, and strong environmental
management.
Strategi Perseroan
Company Strategy
Perseroan dan Anak Perusahaan terus berusaha untuk meningkatkan kinerja dan mencapai pertumbuhan jangka panjang yang berkesinambungan. Untuk mencapai tujuan ini, Perseroan dan Anak Perusahaan menetapkan strategi usaha utama yang mencakup: 1. Peningkatan kualitas sumber daya manusia 2. Peningkatan produksi batubara
3. Peningkatan efisiensi biaya penambangan
4. Pembinaan dan peningkatan hubungan dengan pelanggan
5. Peningkatan kapabilitas perdagangan dan pemasaran batubara
6. Perluasan jaringan distribusi pasar
7. Peningkatan jumlah sumber daya dan cadangan batubara
8. Operasional berkelanjutan melalui pemeliharaan lingkungan
9. Pengembangan hubungan baik dengan komunitas lokal
The Company and its Subsidiaries strive to improve work performance and achieve long term sustainable growth. To achieve the goal, the Company and its Subsidiaries provide primary business strategies which include:
1. Improve the quality of Human Resources 2. Increase production of coal
3. Increase efficiency of mining cost
4. Increase the improvement of customer relationships
5. Improve trading and marketing capability 6. Expansion of the market distribution network 7. Increase the amount of coal resources and
reserves
8. Sustainable operation through environmental management
Perseroan diakuisisi oleh PT Dian Swastatika Sentosa Tbk. The Company was acquired by PT Dian Swastatika Sentosa Tbk. Perseroan mengakuisisi PKP2B yang terletak di Kalimantan Selatan, yakni PT Borneo Indobara melalui Anak Perusahaan PT Roundhill Capital Indonesia.
The Company acquired CCOW located in South Kalimantan, i.e PT Borneo Indobara through a Subsidiary Company PT Roundhill Capital Indonesia. 13 Maret March 13
The Company was established under the name PT Bumi Kencana Eka Sakti.
Perseroan didirikan dengan nama PT Bumi Kencana Eka Sakti. Perseroan meningkatkan pembangunan infrastruktur untuk mendukung kegiatan operasional pertambangan di PT Borneo Indobara. Infrastruktur yang dibangun meliputi pembangunan jalan, jembatan, pelabuhan Bunati, serta
pembangunan mess dan kantor perwakilan di Kalimantan Selatan.
The Company increased infrastructure
developments to support mining operational activities at PT Borneo Indobara. The infrastructures being developed covered roads, bridges, Bunati port, and the building of employee dormitories and a representative office in South Kalimantan.
1997
2006
2007-2009
2009
Jejak Langkah
Milestones
Peristiwa Penting 2013
Significant Events 2013
19 Agustus 2013 August 19, 2013 Pendirian anak perusahaan baru yang bergerak di bidang usaha perdaganganPT Bumi Anugerah Semesta.
Establishment of a subsidiary engaging in trade business PT Bumi Anugerah Semesta.
3 Mei 2013 May 3, 2013
RUPST Perseroan diselenggarakan di Sinar Mas Land Plaza (dahulu Plaza BII) Menara II, Lantai 39, Ruang Paseo, Jln. MH Thamrin
No. 51, Jakarta Pusat.
The Company AGMS was conducted at Sinar Mas Land Plaza (formerly known as Plaza BII)
th
Tower II, 39 floor, Paseo Room, Jln. MH Thamrin No. 51, Central of Jakarta.
5 Desember 2013 December 5, 2013 Public Expose 2013 diselenggarakan di Sinar Mas Land Plaza (dahulu Plaza BII) Menara III, Lantai Basement 1, Ruang
Narwastu, Jln. MH Thamrin No. 51, Jakarta Pusat.
Public Expose 2013 was conducted at Sinar Mas Land Plaza (formerly known as Plaza BII)
th
Tower III, 1 Lower Ground, Narwastu Room, Jln. MH Thamrin No. 51,
Perseroan memperbesar kegiatan usaha utama di pertambangan dengan mengakuisisi beberapa wilayah penambangan baru yang terletak di Sumatera dan Kalimantan.
The Company expanded its core business activities in mining by acquiring several new mining areas located in Sumatera and Kalimantan.
16 November November 16
The Company’s name was changed to PT Golden Energy Mines Tbk.
Nama Perseroan diubah menjadi PT Golden Energy Mines Tbk. 17 November November 17 Pencatatan Saham Perdana Perseroan di PT Bursa Efek Indonesia.
Initial Stock Listing on PT Bursa Efek Indonesia.
13 Juli July 13
The establishment of the Company’s subsidiary, i.e. GEMS Coal Resources Pte. Ltd, based in Singapore. Pendirian Anak Perusahaan Perseroan, GEMS Coal Resources Pte. Ltd yang berkedudukan di Singapura. 12 Oktober October 12 Inauguration of the Company’s new office at Sinar Mas Land Plaza (formerly known as
th
Plaza BII), Tower II, 6 Floor, Jln. MH Thamrin No. 51 Central of Jakarta.
Peresmian kantor baru Perseroan di Sinar Mas Land Plaza (dahulu Plaza BII), Tower II, lantai 6, Jln. MH Thamrin no. 51, Jakarta Pusat
2009-2010
2010
2011
2012
Penghargaan
Awards
Perseroan berhasil menjaga
sustainability Perusahaan sehingga
dinobatkan menjadi 100 Top Emiten 2013 versi Majalah Investor edisi Mei 2013.
Company succeeded in maintaining Corporate sustainability so that it is crowned as Top 100 Issuers 2013 according to Investor Magazine May 2013
Sekilas GEMS
GEMS at a Glance
Pada tanggal 17 November 2011, Perseroan menjadi perusahaan publik dan tercatat di papan utama Bursa Efek Indonesia. Melalui Penawaran Umum Saham Perdana (IPO) tersebut, Perseroan memperoleh dana sebesar Rp 2,205 triliun. Dalam IPO tersebut, GMR Coal Resources Pte. Ltd. (sebelumnya bernama GMR Infrastructure Investments (Singapore) Pte. Ltd.) (“GMR”), yang merupakan anak perusahaan GMR Group, sebuah kelompok usaha infrastruktur terkemuka di India menjadi investor strategis Perseroan dengan memegang/memiliki 30% (tiga puluh persen) saham dari seluruh modal yang disetor dan ditempatkan oleh Perseroan. Perseroan dan GMR sebelumnya telah menandatangani Perjanjian Jual Beli Batubara pada tanggal 11 Agustus 2011 untuk jangka waktu 25 (dua puluh lima) tahun sejak pengiriman batubara pertama kali. Perjanjian Jual Beli Batubara tersebut juga didukung dengan Perjanjian Penunjang Jual Beli Batubara antara Anak Perusahaan Perseroan dengan Perseroan dan GMR yang mengatur dukungan ketersediaan batubara dari Anak Perusahaan Perseroan kepada Perseroan dan GMR serta Perjanjian Jasa Manajemen dan Teknikal dimana GMR memberikan jasa manajemen dan teknikal kepada Perseroan dan/atau Anak Perusahaan Perseroan.
Pada tanggal 13 Juli 2012, Perseroan mendirikan Anak Perusahaan dengan kepemilikan 100% yang berbasis di Singapura, dengan nama GEMS Coal Resources Pte. Ltd. yang kemudian berubah nama menjadi GEMS Trading Resources Pte. Ltd. (GEMSTR) pada tanggal 27 Januari 2014. GEMSTR adalah perusahaan yang bergerak dalam bidang perdagangan yang akan mendukung kegiatan usaha utama Perseroan di luar negeri.
On November 17, 2011, the Company became a public company and was listed on the main board of Indonesia Stock Exchange (Bursa Efek Indonesia). Through the Initial Public Offering, the Company was able to collect funds amounting to Rp2,205 trillion. In that IPO, GMR Coal Resources Pte. Ltd. (previously named GMR Infrastructure Investments (Singapore) Pte. Ltd.) (“GMR”), which is a subsidiary of GMR Group, a leading infrastructure business group in India which became the Company strategic investor by holding/having 30% (thirty percent) shares from the total issued and paid-up capital by Company.
Company and GMR, prior to the IPO, had signed a Coal Sales Agreement dated August 11, 2011 for a term of 25 (twenty five) years since the first coal shipment. The Coal Sales Agreement was also supported by a Coal Sales Support Agreement between Company Subsidiaries with Company and GMR which arranged the support of coal availability from the Subsidiaries to Company and GMR and also Management and Technical Service Agreement where GMR should provide management and technical service to Company and/or Company’s Subsidiaries.
On July 13, 2012 the Company established a Subsidiary with 100% ownership based in Singapore under the name of GEMS Coal Resources Pte. Ltd. which then changed to GEMS Trading Resources Pte. Ltd. (GEMSTR) on January 27, 2014. GEMSTR is a Company engaging in the trading sector which will support Company’s main business overseas.
PT Golden Energy Mines Tbk bergerak di bidang
perdagangan hasil tambang dan jasa pertambangan.
Pada tanggal 13 Maret 1997 Perseroan didirikan dengan
nama PT Bumi Kencana Eka Sakti yang kemudian berubah
nama menjadi PT Golden Energy Mines Tbk pada tanggal
16 November 2010.
PT Golden Energy Mines Tbk is engaged in the business of
trading sector of mining products and mining services. On
March 13, 1997 the Company was established under the
name of PT Bumi Kencana Eka Sakti which was later
changed to PT Golden Energy Mines Tbk on November 16,
2010.
Profil Perseroan
Company Profile
* Akuntan Publik Perseroan memberikan jasa audit Laporan Keuangan Perseroan
dan Anak Perusahaan untuk tahun buku 2013 dengan biaya sebesar Rp. 2.186.390.000
** Perseroan membayar Fee kepada Biro Administrasi Efek, yaitu PT Sinartama
Gunita ("BAE") untuk Pemeliharaan Data Saham tahunan serta biaya pembagian dividen Tunai dan Interim dengan total biaya sebesar Rp. 83.000.000 (termasuk ppn 10%)
* The Company’s Public Accountant provides auditing services of the Company and its subsidiaries Financial Report for the fiscal year 2013 at a fee of Rp. 2.186.390.000
** Company paid Fee to Share Administration Bureau (“BAE”), i.e. PT Sinartama Gunita for annual Stock Data Maintenance and cost of Cash and Interim dividend distribution in the amount of Rp.83,000,000 (eighty three million rupiah ) including 10% VAT
Nama Perseroan Tanggal Berdiri Berkedudukan di
Tanggal Pencatatan Di Bursa Kode Saham Bidang Usaha Alamat Nomor Telepon Faksimili Email Laman Modal Dasar
Modal Ditempatkan dan Disetor Penuh Jumlah Saham Tercatat Di Bursa Nilai Nominal per Saham Akuntan Publik*
Biro Administrasi Efek** Name of Company Date of Establishment Incorporated in Listing Date Shares Code Lines of Business Address Phone Number Facsimile Website Authorized Capital Issued and Fully Paid Capital Number of Shares Listed Nominal Value per Share Public Accountant
Share Administration Bureau
PT Golden Energy Mines Tbk 13 Maret 1997
Jakarta Pusat - Indonesia 17 November 2011 GEMS
Bergerak di bidang pertambangan melalui Anak Perusahaan dan perdagangan batubara
th
Sinar Mas Land Plaza Tower II 6 floor Jl. MH Thamrin No. 51 Jakarta 10350 Indonesia (021) 5018 6888 (021) 3199 0319 [email protected] http://www.goldenenergymines.com Rp 2,000,000,000,000 Rp 588,235,300,000 5.882.353.000 lembar saham Rp. 100 per saham
Purwantono, Suherman & Surja, anggota Ernst & Young
th
Gedung Bursa Efek Indonesia Tower II, 7 floor
Jln. Jendral Sudirman Kav. 52-53, Jakarta 12190, Indonesia Telepon : (021) 5289 5000, Fax: (021) 5289 4100
Website : www.ey.com/id PT Sinartama Gunita
th
Sinar Mas Land Plaza Tower III, 9 floor Jl. MH Thamrin No. 51, Jakarta 10350 - Indonesia Telepon : (021) 392 2332, Fax : (021) 392 3003 March 13, 1997
Central Jakarta, DKI, Indonesia November 17, 2011
Engaged in mining, through subsidiaries, and coal trading
5,882,353,000 shares Rp. 100 per share
Struktur Perseroan
Company Structure
TBBU
KCP
BBU
BHBA
BNP
BIB
BAS
99,999% 100,000% 99,998% 70,000%KIM
TKS
GEMS TR
99,016% 99,070% 99,981% 99,600% 99,800% 99,992% 99,173% 0,019% 0,400% 0,200% 0,008% 0,002% 0,825% 0,001%Anak Perusahaan yang mayoritas sahamnya dimiliki GEMS:
RCI : PT Roundhill Capital Indonesia
BIB : PT Borneo Indobara
TKS : PT Trisula Kencana Sakti
KIM : PT Kuansing Inti Makmur
GEMS TR : GEMS Trading Resources Pte. Ltd
BAS : PT Bumi Anugerah Semesta
Subsidiaries which majority shares are owned by GEMS:
TBBU : PT Tanjung Belit Bara Utama
KCP : PT Karya Cemerlang Persada
BBU : PT Bungo Bara Utama
BHBA : PT Bara Harmonis Batang Asam
BNP : PT Berkat Nusantara Permai
RCI
PEMILIKAN TIDAK LANGSUNG /
Indirect Ownership
ALAMAT Address KEPEMILIKAN 2013 (%) Ownership 2013 (%) JENIS USAHA Nature of Business ENTITAS ANAK Subsidiaries TAHUN OPERASI KOMERSIAL Start of Commercial Operations thSinar Mas Land Plaza, Tower II, 7 floor Jl. MH Thamrin No. 51
Central Jakarta 10350 Desa Tanjung Belit, Tanjung Belit - Jujuhan
Muara Bungo, Kabupaten Bungo, Jambi Jl. Rangkayo Hitam
RT/RW : 014/005, Muara Bungo Kabupaten Bungo, Jambi Desa Ujung Tanjung-Jujuhan, Muara Bungo, Kabupaten Bungo, Jambi Desa Tanjung Belit,
Tanjung Belit-Jujuhan, Muara Bungo Kabupaten Bungo, Jambi Jl. Rangkayo Hitam
RT/RW : 014/005, Muara Bungo Kabupaten Bungo, Jambi
PT Borneo Indobara
(melalui/ RCI)
PT Karya Cemerlang Persada
(melalui/ KIM)
PT Bungo Bara Utama
(melalui/ KIM)
PT Bara Harmonis Batang Asam
(melalui/ KIM)
PT Berkat Nusantara Permai
(melalui/ KIM)
PT Tanjung Belit Bara Utama
(melalui/ KIM) through through through through h through throug Pertambangan Batubara Pertambangan Batubara Pertambangan Batubara Pertambangan Batubara Pertambangan Batubara Pertambangan Batubara Coal Mining Coal Mining Coal Mining Coal Mining Coal Mining Coal Mining 99,070% 99,992% 99,800% 99,600% 99,981% 99,173% 2005 2011 -2010 -ALAMAT Address KEPEMILIKAN 2013 (%) Ownership 2013 (%) JENIS USAHA Nature of Business ENTITAS ANAK Subsidiaries TAHUN OPERASI KOMERSIAL Start of Commercial Operations Penyertaan Saham Pertambangan Batubara Pertambangan Batubara Perdagangan Besar Perdagangan Besar th
Sinar Mas Land Plaza, Tower II, 7 floor Jl. MH Thamrin No. 51,
Central Jakarta 10350 Desa Tanjung Belit,
Tanjung Belit - Jujuhan, Muara Bungo, Kabupaten Bungo, Jambi
Jl. Padat Karya No. 7, RT 19 RW 06, Lanjas-Teweh Tengah, Barito Utara, Kalimantan Tengah 1 Raffles Place #28-02, One Raffles Place, Singapore
th
Sinar Mas Land Plaza, Tower II, 6 floor Jln. MH Thamrin No. 51,
Central Jakarta 10350
PT Roundhill Capital Indonesia
PT Kuansing Inti Makmur
PT Trisula Kencana Sakti
GEMS Trading Resources Pte. Ltd.
PT Bumi Anugerah Semesta
Holding Coal Mining Coal Mining Trading Trading 99,016% 99,998% 70% 100% 99,999% -2005 2008 2012
-Lokasi Pertambangan
Mining Locations
Lokasi pertambangan milik Anak-anak Perusahaan Perseroan yaitu BIB, KIM dan Anak Perusahaannya (“KIM Blok”) serta TKS seluruhnya berada di wilayah Indonesia yang tersebar di Kalimantan Selatan, Jambi dan Kalimantan Tengah.
The mining locations belonging to the Company's subsidiaries, namely, BIB, KIM and its subsidiary (”KIM Block”), along with TKS, are located within the Republic of Indonesia, in territories spread throughout South Kalimantan, Jambi and Central Kalimantan.
Luas area proyek pertambangan dari semua Anak Perusahaan seluas 38.165 hektar.
The total mining area of all Company Subsidiaries is calculated at 38,165 hectares.
BIB
Kalimantan Selatan / South Kalimantan
TKS
Kalimantan Tengah / Central Kalimantan
Perijinan / Permit Size Location Luas / Lokasi / : IUP (2009-2029) : 2.610 ha Kabupaten Bungo, Jambi : Bungo Regency, Jambi Perijinan / Permit Size Location Luas / Lokasi / : PKP2B (2006-2036) : 24.100 ha Kabupaten Tanah Bumbu, Kalimantan Selatan : Tanah Bumbu Regency, South Kalimantan KIM BLOK Jambi/ Jambi : IUP (2009-2028) : 11.455 ha Kabupaten Barito Utara dan Barito Timur, Kalimantan Tengah
:
North Barito and East Barito Regencies, Central Kalimantan Perijinan / Permit Size Location Luas / Lokasi /
Produk Batubara
Coal Products
The Company has various types of coal products based on the quality grade.
Perseroan memiliki beragam jenis produk batubara sesuai dengan kadar kualitas yang terkandung di dalamnya.
Keunggulan Perseroan adalah harga dari batubara yang diproduksi dan biaya kirim yang lebih murah bagi pelanggan Asia, dibandingkan dengan batubara yang berasal dari Afrika Selatan atau Australia. Hal tersebut disebabkan oleh lokasi pertambangan di Indonesia yang diuntungkan secara geografis.
Pada tahun 2013, Perseroan memproduksi 5,35 juta ton diikuti dengan volume penjualan sebesar 8,37 juta ton. Perseroan menjual batubara untuk komsumsi domestik sebesar 39% dan sisanya 61% untuk konsumsi ekspor. Sebagian besar negara tujuan ekspor Perseroan adalah China, India, Thailand, Malaysia, dan Pakistan.
The superiority of the Company is on the price of coal produced and the lower cost of shipment for customers from Asia compared to coal from South Africa or Australia. This is due to the locations of mining in Indonesia that has advantages geographically.
In year 2013, Company produced 5.35 million tons which followed by a sales volume of 8.37 tons. Company has sold coals for domestic consumption by 39% and the rest of 61% for export consumption. Mostly, countries of Company’s export destination are China, India, Thailand, Malaysia, and Pakistan.
Pangsa Pasar Perseroan
Company Market Share
COAL SPECIFICATION
PENJUALAN
BATUBARA
PERSEROAN
Company Coal
Sales
39% 61% Domestik Ekspor Domestic Export Calorific Value Calorific Value Total Moisture Moisture Ash Volatile Matter Fixed Carbon Total Sulphur HGI Size As Received Air Dried As Received Air Dried Air Dried Air Dried Air Dried Air Dried Approximately Mm kcal/kg g % g % % % % % % PROXIMATE ANALYSIS 4300 5700 35 15 7 42 41 0.5 55 0-50 4700 5700 27 13 15 39 38 1.2 60 0-50 5300 5600 24 14 8 40 39 2 53 0-50 4000 5500 38 15 7 42 41 0.5 55 0-50 BIB 4300 KIM 4700 BIB 4000 TKS 5300Ikhtisar Keuangan
Financial Highlights
LAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
dalam miliar Rp, kecuali dinyatakan lain in billion Rp, except otherwise stated
Penjualan bersih Laba bruto Laba usaha Laba bersih
Laba bersih – pemilik entitas induk Laba bersih – kepentingan nonpengendali Jumlah laba komprehensif – pemilik entitas induk
Jumlah laba komprehensif – kepentingan nonpengendali
Jumlah saham beredar – dalam lembar Jumlah rata-rata tertimbang saham – dalam
lembar
Laba neto per saham dasar – Rp
Net Sales Gross Profit Income from operations Net income
Net income – owners of the parent Net income – non-controlling interests Total comprehensive income – owners of the
parent
Total comprehensive income – non-controlling interests
Issued shares – in shares
Weighted average number of shares – in shares
Basic earnings per share – in Rp
RASIO KEUANGAN FINANCIAL RATIO
Rasio laba terhadap aset Rasio laba terhadap ekuitas Rasio laba terhadap pendapatan Rasio lancar (x)
Rasio utang terhadap ekuitas (x) Rasio utang terhadap aset (x)
Return on assets Return on equity Net income to net sales ratio Current ratio (x)
Debt to equity ratio (x) Debt to assets ratio (x)
dalam miliar Rp in billion Rp
LAPORAN POSISI
KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTSOF FINANCIAL POSITION Aset lancar
Aset tidak lancar Jumlah aset Liabilitas jangka pendek Liabilitas jangka panjang Jumlah liabilitas Jumlah ekuitas
Jumlah ekuitas – pemilik entitas induk Modal kerja bersih
Jumlah investasi Current assets Noncurrent assets Total assets Current liabilities Noncurrent liabilities Total liabilities Total equity
Total equity – owners of the parent Net working capital
Total investment
2012
2013
2011
2012
2012
2013
2013
2011
2011
1.862 2.160 4.022 1.016 38 1.053 2.969 2.962 846 168 1.796 1.644 3.440 506 32 539 2.901 2.896 1.290 305 2.481 847 3.329 457 23 480 2.848 2.843 2.024 125 4.428 784 45 170 169 1 252 2 5.882.353.000 5.882.353.000 28,75 3.959 720 119 179 178 1 197 2 5.882.353.000 5.882.353.000 30,22 2.862 835 388 319 314 4 315 4 5.882.353.000 5.108.783.247 61,53 4,20% 5,71% 3,82% 1,83 0,02 0,01 5,17% 6,14% 4,49% 3,55 -9,44% 11,06% 10,98% 5,42 0,01 0,01Ikhtisar Saham
Stock Highlights
Kronologis Pencatatan Saham
Pada tanggal 17 November 2011, saham Perseroan tercatat dan diperdagangkan di PT Bursa Efek Indonesia dengan kode saham GEMS. Perseroan mencatatkan 5.882.353.000 lembar saham dengan harga saham Perseroan pada saat IPO sebesar Rp. 2.500 per saham. Selama tahun 2013, harga saham Perseroan sempat menyentuh angka tertinggi pada harga saham Rp. 2.450 per lembar saham dengan nilai kapitalisasi sebesar Rp. 14.411.764.850.000.
Chronology of Listed Shares
On November 17, 2011, the Company’s shares were listed and traded on the Indonesia Stock Exchange, under the business identifier code GEMS. The Company recorded 5,882,353,000 shares at a price following the Company’s IPO at Rp. 2,500 per share. During 2013, the Company’s share price touched its highest
rate, at a price of Rp. 2,450 per share with a market capitalization of Rp. 14.411.764.850.000.
Quarterly Stock and Transaction Volume at The Indonesia Stock Exchange (Rupiah)
TERTINGGI Highest (Rp) PENUTUPAN Closing (Rp) VOLUME (JUMLAH SAHAM) Volume (No of Shares) TERENDAH Lowest (Rp)2011
2012
2013
PERIODE
Period Kuartal Pertama / Kuartal Kedua / Kuartal Ketiga / Kuartal Keempat / First Quarter Second Quarter Third Quarter Fourth Quarter Kuartal Pertama / Kuartal Kedua / Kuartal Ketiga / Kuartal Keempat / First Quarter Second Quarter Third Quarter Fourth Quarter Kuartal Keempat / Fourth Quarter3,150 3,025 2,900 2,575 2,450 2,450 2,350 2,250 2,550 2,450 2,000 2,050 2,000 2,000 2,000 1,700 2,850 2,625 2,500 2,375 2,450 2,350 2,200 2,175 79,000 150,500 -15,000 4,517,000 2,725 2,500 2,950
KINERJA SAHAM PERSEROAN /
Stock Highlights
Kuartal Keempat Fourth Quarter 2011 Kuartal Pertama First Quarter 2012 Kuartal Pertama First Quarter 2013 Kuartal Keempat Fourth Quarter 2012 Kuartal Keempat Fourth Quarter 2013 Kuartal Kedua Second Quarter 2012 Kuartal Kedua Second Quarter 2013 Kuartal Ketiga Third Quarter 2012 Kuartal Ketiga Third Quarter 2013 3,000,000 6,000,000 9,000,000 12,000,000 15,000,000 18,000,000 21,000,000 24,000,000 27,000,000 Jumlah Saham Number of Shares PENUTUPAN Closing (Rp)
VOLUME (JUMLAH SAHAM) (Rp)
Volume (No of Shares)
TERTINGGI Highest (Rp) TERENDAH Lowest (Rp) INDEKS PERTAMBANGAN Mining Index 2,000 1,600 1,900 2,200 1,800 2,100 1,700 2,400 2,300 2,600 2,500 2,800 3,100 2,700 3,000 3,300 2,900 3,200 -Rp
* Direktur Perseroan, Bapak Mochtar Suhadi memiliki 1500 lembar saham Perseroan
* Direktur Tidak Terafiliasi Perseroan, Bapak Indradjaja Lazuardi memiliki 500 lembar saham Perseroan
* The Director of the Company, Mr. Mochtar Suhadi owns 1500 Company’s shares * Unaffiliated Director of the Company Mr. Indradjaja Lazuardi owns 500 Company’s shares
0,002% 3%
66,998% 30%
PT Dian Swastatika Sentosa Tbk (3.941.166.500 lembar saham/ ) PT Sinar Mas Cakrawala (10.000 lembar saham/ ) GMR Coal Resources Pte. Ltd (1.764.706.000 lembar saham/ Masyarakat / (176.470.500 lembar saham/ ) shares shares shares Public shares )
STRUKTUR
PEMEGANG
SAHAM
Shareholders Structure 2,950 2,950 79,000 150,500 0 0 0 0 0 15,000 2,725 2,850 2,625 2,500 2,000 2,000 2,375 2,050 2,450 2,550 2,500 2,000 2,000 2,450 2,350 2,200 2,175 3,150 3,025 2,900 2,575 2,450 2,450 2,350 2,250 1,700The Company has paid cash dividends to shareholders several times since the Company was listed in the Indonesia Stock Exchange on November 17, 2011, detailed as follows:
Perseroan telah beberapa kali membagikan dividen tunai kepada para pemegang saham sejak Perseroan tercatat di PT Bursa Efek Indonesia pada 17 November 2011, dengan rincian sebagai berikut :
Tanggal pelaksanaan pembagian dividen Nominal per lembar saham
Harga saham sebelum pembagian dividen Harga Saham setelah pembagian dividen Date of dividend distribution
Dividend per share
Stock price before the distribution of dividends Stock price after dividend distribution
PERIODE
Period
DIVIDEN FINAL 2011 Final Dividend 2011 DIVIDEN INTERIM 2012 Interim Dividend 2012 DIVIDEN FINAL 2012 Final Dividend 2012PEMEGANG SAHAM UTAMA PERSEROAN
Ultimate Shareholders
PT SINAR MAS TUNGGAL MASYARAKAT
INDRA WIDJAJA
PT SINAR MAS* TEGUH GANDA
WIJAYA
FRANKY OESMAN WIDJAJA MUKTAR WIDJAJA
59,899%
PT DIAN SWASTATIKA SENTOSA TBK
PT GOLDEN ENERGY MINES TBK
66,998%
40,101% 2,29%
90,84% 2,29% 2,29% 2,29%
Catatan / :
* PT Sinar Mas dikendalikan oleh keluarga Widjaja Notes * PT Sinar Mas is controlled by the Widjaja family
20 Desember 2012 Rp 17,5.-2,375 2,375 December 20, 2012 8 Agustus 2012 Rp 5,75.-2,800 2,750 August 8, 2012 18 Juni 2013 Rp 31,5.-2,375 2,350 June 18, 2013
Pengembangan Sumber Daya Manusia
Human Resources Development
Perseroan menyadari pentingnya mewujudkan kualitas Sumber Daya Manusia (SDM) yang berperan aktif dalam mempertahankan keberlangsungan usaha Perseroan terutama di tengah lingkungan usaha yang semakin kompetitif. Perseroan meyakini bahwa karyawan merupakan mitra strategis dalam mencapai sukses bisnis Perseroan. Oleh Karena itu, Perseroan fokus dalam memperkuat nilai-nilai dan budaya korporasi dalam menciptakan organisasi yang efektif yang didukung oleh sistem dan infrastruktur SDM yang sehat. Peningkatan kompetensi setiap SDM merupakan aktivitas rutin yang telah dan akan terus dilakukan Perseroan. Peningkatan kualitas pengelolaan risiko dan kompetensi yang sesuai dengan budaya kinerja tinggi dan selaras dengan nilai-nilai utama Perseroan diyakini akan mendorong keberhasilan kinerja yang akan berdampak pada perkembangan usaha serta menciptakan level kinerja baru yang berkesinambungan jangka panjang.
Dengan berlandaskan kebijakan SDM yang terencana dan berkesinambungan, Perseroan secara konsisten mengembangkan lingkungan kerja yang kondusif yang menjunjung nilai kebersamaan antar sesama karyawan. Dalam pelaksanaan yang efektif dari
Company is aware of the importance in realizing a quality Human Resources (HR) that has an active role in maintaining Company’s business continuity especially amidst the increasingly competitive business environment. Company believes that employees are its strategic partners in achieving Company’s business success. Therefore, Company focuses on strengthening the corporate culture and values in creating an effective organization that is supported by a healthy HR system and infrastructure.
Competency improvement of every HR is a routine activity that has been and will be implemented continuously by Company. Quality enhancement in managing risks and competence in accordance with the high performance culture and in harmony with the Company’s core values is believed to be driving the success of performance that will have an impact to the business development and to create a new level of a long-term sustainable performance. Based on the planned and sustainable HR policies, Company consistently develops working environment that is conducive which honors the value of togetherness among fellow employees. In the effective implementation of the HR policy, Company also makes sure
Perseroan fokus dalam memperkuat nilai-nilai
dan budaya korporasi dalam menciptakan
organisasi yang efektif yang didukung oleh
sistem dan infrastruktur SDM yang sehat.
Company focuses on strengthening corporate
culture and values in creating an effective
organization supported by a healthy HR
infrastructure system.
kebijakan SDM tersebut, Perseroan juga memastikan bahwa karyawan melaksanakan tugas dan tanggung jawab mereka dengan cara terbaik dan paling efisien. Perseroan secara berkesinambungan melakukan pengkajian secara berkala dalam meningkatkan kesejahteraan karyawan dengan memperhatikan daya saing Perseroan.
that employees shall perform their duties and responsibilities in the best and the most efficient manner. Company shall continuously conduct periodic study in improving employees’ welfare by taking into account Company’s competitiveness.
Kompetensi SDM dan peningkatan kualitas pengelolaan risiko untuk menjamin keberhasilan kinerja, menjadi fokus Perseroan dalam mengembangkan usaha serta menciptakan level kinerja baru
yang berkesinambungan jangka panjang.
Competency of HR and the enhancement of risk
management quality to guarantee successful performance becomes the focus
of the Company in developing business and creating a new level of long-term sustainable
performance.
Proses rekrutmen dilakukan berdasarkan hasil analisa kebutuhan j a n g k a p a n j a n g Pe r s e r o a n y a n g d i l a k u k a n d e n g a n mempertimbangkan kompetensi karyawan yang ada. Perseroan menerapkan kebijakan rekrutmen umum dalam menyeleksi karyawan baru. Di samping itu, Perseroan juga bekerja sama dengan Headhunter JDA & Kelly dalam memenuhi pemetaan kebutuhan SDM Perseroan terutama untuk posisi critical.
Sampai dengan akhir tahun 2013, Perseroan mempekerjakan 644 tenaga-tenaga profesional baik permanen maupun kontrak yang kompeten dan berpengalaman di bidangnya masing-masing. Pencapaian prestasi Perseroan hingga hari ini pun tidak lepas dari dukungan yang diberikan karyawan Perseroan.
Selama tahun 2013, Perseroan melakukan pengembangan individual secara berkesinambungan dalam mendukung rencana pertumbuhan di seluruh jajaran operasional Perseroan. Pelatihan dan edukasi yang dilakukan secara berkala diberikan sebagai salah satu upaya Perseroan dalam mengembangkan kapasitas serta bakat karyawan.
Perseroan menyelenggarakan 92 program pelatihan baik teknikal maupun non teknikal dengan jumlah peserta sebanyak 482 karyawan dan total waktu pelatihan hingga 9.983 jam. Jenis pendidikan dan pelatihan bervariasi mulai dari pelatihan ketrampilan, kompetensi teknis/fungsional, pendidikan keahlian, pendidikan manajerial yang berguna untuk mempertajam kualitas Sumber Daya Manusia Perseroan.
Recruitment process is conducted based on analysis of Company’s long term needs performed by taking into consideration competences of the existing employees. Company applies general recruitment policy in selecting new employees. Aside from that, Company also works with JDA & Kelly Headhunter in meeting the mapping of Company’s HR needs especially for critical positions.
Up to end of 2013, Company has recruited 644 professionals both permanent and contract staff who are competent and experienced in their respective fields. The achievement of Company’s performance up to today also cannot be separated from the supports given by the Company’s employees.
During 2013, Company has conducted individual development continuously to support the growth plans to all operational personnel of the Company. Training and education which conducted periodically are given as one of the Company’s efforts in developing the capacity and talent of employees.
Company has organized 92 training programs both technical and non-technical with a total participants of 482 employees and a total training time of 9,983 hours. The type of education and training varied, starting from training of skills, technical/functional competence, proficiency education, to managerial education that would be beneficial in sharpening the quality of Company's Human Resources.
Perseroan pada tahun 2013 mencakup di antaranya: 1. Pengetahuan Dasar Kehutanan
2. Program Manajemen Dasar Modul 1 3. Program Manajemen Dasar Modul 2 4. Keselamatan Dasar
5. Basic Management Program 1 dan 2
6. Pembinaan Tim untuk Kesuksesan Transformasi
7. Kepemimpinan yang Kompeten untuk Tim Sukses dan Perusahaan BIB
8. Pendekatan Penjualan Konsultatif 9. Keuangan untuk Non-Keuangan 10. Kemampuan Negosiasi dan Motivasi 11. Orientasi Karyawan Baru
12. Supervisory Development Program 1 dan 2 13. Upaya menuju Keunggulan
14. Pelatihan Manajemen Proyek
Program pelatihan berbasis kompetensi dan penerapan Key performance Indicators (KPI) merupakan salah satu penilaian kinerja karyawan. Perseroan melakukan kajian Key Performance Indicators (KPI) dua kali dalam setahun terhadap semua karyawan Perseroan untuk menilai kinerja karyawan. Perseroan selalu berusaha agar KPI dapat selalu selaras dengan strategi bisnis, rencana dan target Perseroan.
Perseroan juga mengadakan Employee Excellent Award secara rutin untuk memberikan motivasi kepada karyawan dalam memberikan kontribusi bagi Perseroan. Employee Excellent Award ini diadakan setiap kuartal dan diberikan kepada karyawan yang berprestasi dalam menciptakan pengembangan berkelanjutan bagi Perseroan. Perseroan juga menyediakan sarana komunikasi bagi karyawan melalui HR Care Center guna meningkatkan komunikasi antara manajemen dan bawahan mereka. Komunikasi yang efektif diharapkan akan membangun hubungan yang positif dan tetap produktif.
Perseroan mengembangkan Teknologi Informasi (TI) berupa Sunfish dan sistem TI rekrutmen untuk mendukung pencapaian efisiensi operasional berbasis TI yang memungkinkan manajemen mengambil keputusan berdasarkan ketersediaan data yang terkini, akurat dan dapat dipercaya.
year 2013 include among others: 1. Basic Knowledge Forestry
2. Basic Management Program Modul 1 3. Basic Management Program Modul 2 4. Basic Safety
5. Basic Management Program 1 and 2
6. Building Team For The Success Transformation
7. Competent Leadership To The Team Success and Company BIB 8. Consultative Selling Approach
9. Finance For Non Finance 10. Negotiation skill and motivation 11. New Employee Orientation
12. Supervisory Development Program 1 and 2 13. Strive for Excellence
14. Training Project Management
Training program based on competence and application of Key Performance Indicator (KPI) is one of the elements in the employee performance appraisals. Company shall conduct studies on Key Performance Indicators (KPI) twice a year to all Company’s employees in order to appraise the performance of employees. Company always seeks to have the KPI in harmony with Company’s business strategies, plans and goals.
Company also organizes Employee Excellent Award routinely to provide motivation to employees in giving contribution to the Company. This Employee Excellent Award event is held every quarter and granted to employees who excel in creating sustainable development for the Company.
Company also provides a communication facility for employees through HR Care Center in order to improve communication between management and its subordinates. Effective communication is expected to build a positive and productive relationship.
Company develops an Information Technology (IT) in the form of Sunfish and recruitment IT system to support the achievement of IT-based operational efficiency which allows the management to make a decision based on the latest, accurate and reliable data available.
4% 0%
3%
Sekolah Dasar
Sekolah Menengah Pertama
Sekolah Menengah Atas
Elementary School
Junior High School
Senior High School
Diploma Bachelor Degree Master Degree Diploma Sarjana Magister 37% 50% 6%
KOMPOSISI SDM
BERDASARKAN
TINGKAT
PENDIDIKAN
Composition of HR based on level of EducationKode Etik Berperilaku
Pedoman Kode Etik merupakan salah satu tools Perseroan dalam meningkatkan integritas insan Perseroan di setiap level, sehingga penerapan Good Corporate Governance (GCG) Perseroan dapat maksimal. Kode Etik Perseroa
hingga sesuai dengan prinsip-prinsip GCG.
Dalam hal ini setiap karyawan terikat dalam Kode Etik Perseroan karena hal ini telah disepakati dalam pernyataan pengisian identitas karyawan pada saat bergabung dengan Perseroan. Setiap karyawan dimotivasi untuk selalu mengerahkan kemampuan terbaik dalam menjalankan tugas dan tanggungjawabnya sehingga dapat mencapai hasil yang terbaik, termasuk dalam menjaga kerahasiaan Perseroan.
Dalam pengunaan sarana kerja, diharapkan agar setiap karyawan dapat menggunakan fasilitas kantor secara maksimal dalam mendukung pelaksanaan tugas dan tanggungjawabnya, tanpa menyalahgunakan fasilitas yang ada. Dalam Kode Etik Perseroan tersebut juga diatur mengenai adanya sanksi atas pelanggaran yang mungkin terjadi.
Perseroan melakukan sosialisasi kode etik melalui portal Perseroan, di mana setiap karyawan Perseroan dapat setiap waktu untuk mengakses Kode Etik tersebut.
n mencakup pengaturan atas disiplin kerja, wewenang dan tanggung jawab anggota Dewan Komisaris, Direksi dan karyawan, penggunaan sarana kerja dalam melaksanakan pekerjaannya se
Code of Conduct
Code of Conduct guidance constitutes one of the Company’s tools in improving the integrity of Company man at every level, so that the application of Company’s Good Corporate Governance (GCG) can be optimized. Company’s Code of Conduct includes regulations on work discipline, authority and responsibility of members of the Board of Commissioners, the Board of Directors and employees, the use of working facilities in conducting the jobs so in accordance with the principles of GCG.
In this matter, every employee shall be bound in Company’s Code of Conduct as this has been agreed in the filling statement of employees’ identity at the time of joining the Company. Every employee is motivated to always exert their best ability in performing their duties and responsibilities so that the best result can be achieved including in maintaining the confidentiality of Company.
In utilizing the working facilities, it is expected that every employee can utilize office facilities optimally in supporting the implementation of their duties and responsibilities, without abusing the existing facilities. Imposition of sanctions for abuses/violations that may occur also stipulated in the Company’s Code of Conduct.
Company shall organize the socialization of code of conduct through Company’s portal, where every Company’s employee may access the Code of Conduct anytime.
Nilai-nilai Perseroan
Company Values
Perseroan menanamkan nilai-nilai perusahaan dan karakter yang membentuk budaya Perseroan. Nilai dan karakter yang disebut dengan “The Golden Way of Sinarmas” yang telah mendorong keber hasilan Perseroan dengan per tumbuhan yang berkesinambungan.
The Company implants company values and character which form the Company culture. The values and character known as “The Golden Way of Sinarmas” that has promoted Company's success with sustainable growth.
• Hati nurani • Menjalankan apa yang
diucapkan • Kejujuran
• Conscience • Walking the talk • Honesty • Persaudaraan • Rasa bangga • Pengabdian • Brotherhood • Proud • Dedication • Berfikir positif • Menghormati sesama • Bekerja sama • Suasana kerja yang
positif • Positive thinking • Respecting others • Cooperating • Positive work environment INTEGRITAS Integrity SIKAP POSITIF Positive Attitude LOYAL Loyalty • Studi banding (Benchmarking) • Terobosan • Comparative study (Benchmarking) • Breakthrough • Keakuratan data • Perhatian terhadap biaya
• Proses yang unggul
• Data accuracy • Attention to costs • Superior process
• Gairah
• Berjuang menjadi yang terbaik
• Menindaklanjuti pekerjaan hingga selesai
• Enthusiasm • Striving to be the best • Follow up the work
until completed INOVASI Innovation KOMITMEN Commitment PENYEMPURNAAN BERKELANJUTAN Continuous Improvement
Struktur Organisasi
Organization Structure
Divisi Pemasaran & Perdagangan
Marketing & Trading Division Divisi Pengembangan Bisnis Business Development Division Divisi Kepatuhan, Perijinan & Administrasi Compliance, Lisence & Administration Division CPO Chief Project Officer CFO Chief Financial Officer COD Chief of Organization & Development Audit Internal Internal Audit Sekretaris Perusahaan & Kepala Legal Corporate Secretary &
Legal Head CEO Chief Executive Officer Direksi Board of Directors Komite Audit Audit Committee Dewan Komisaris Board of Commissioners
Laporan Dewan Komisaris
Board of Commissioners’ Report
L. Krisnan Cahya
Presiden Komisaris
President Commissioner
Pemegang Saham yang terhormat,
Atas nama Dewan Komisaris, per tama-tama saya ingin menggunakan kesempatan ini untuk mengungkapkan syukur kepada Tuhan atas kesuksesan Perseroan dalam melewati tahun 2013 yang penuh dengan tantangan. Dengan kerja keras dan komitmen penuh dari Direksi dan seluruh karyawan Perseroan, kami mampu menghadapi perubahan situasi, melestarikan nilai Perseroan, dan memanfaatkan peluang untuk menjaga momentum Perseroan dalam mencapai posisi yang lebih baik, bahkan dalam situasi yang tak terduga ini.
Dear Valued Shareholders,
On behalf of Board of Commissioners, first of all I would like to take this opportunity to express gratitude to God for the success of the Company through a very challenging year of 2013. With the hard works and full commitment of the BOD and all employees of the Company, we were able to deal with the changing situations, preserving the value of the Company, and make use opportunities to maintain the momentum of the Company to bring it to a better position, even in this unexpected situation.
Manajemen mampu menghadapi
perubahan situasi, melestarikan nilai
Perseroan, dan memanfaatkan peluang
untuk menjaga momentum Perseroan
dalam mencapai posisi yang lebih baik.
The Management were able to deal with
the changing situations, preserving the
value of the Company, and make use the
opportunities to maintain the momentum
of the Company to bring it to a better
position.
TATA KELOLA PERUSAHAAN YANG BAIK (GCG) SERTA KESEHATAN, KESELAMATAN & LINGKUNGAN (HSE) KAMI
Seperti kita ketahui bersama, kondisi pasar pada tahun 2013 untuk industri ini mengalami penurunan, tetapi Perseroan adalah salah satu dari beberapa perusahaan yang mampu mencatat pertumbuhan yang positif dengan meningkatnya penjualan Perseroan sebesar 9% dan pertumbuhan 49% dalam penjualan domestik di tahun 2013. Selain itu, hasil keuangan Perseroan di tahun 2013 juga menunjukkan tren pertumbuhan, dengan dampak yang positif berkat efisiensi yang dilakukan. Oleh karenanya, likuiditas yang baik pada tahun 2013 harus dipelihara dengan baik dalam menghadapi ketidakpastian berikutnya.
Kami juga dengan bangga menyampaikan bahwa Perseroan telah berhasil menyelesaikan beberapa proyek infrastruktur pada tahun 2013, proyek jalan dan pelabuhan di Nilau, Jambi, Sumatera dan perluasan pelabuhan Bunati di Kalimantan Selatan. Selain itu, kami juga mampu melakukan perbaikan efisiensi baik secara internal maupun eksternal dengan melakukan negosiasi ulang dengan pihak ketiga dan meningkatkan lini operasional. Kami berusaha untuk terus mengembangkan infrastruktur di sepanjang rantai suplai batubara untuk meningkatkan efisiensi dan memperkuat posisi kami di pasar.
Di sisi lain, kami pun juga mempertahankan tingkat pertumbuhan tinggi yang telah kami capai saat ini maupun pengembangan lebih lanjut. Kami juga sadar bahwa Perseroan harus dikelola oleh para profesional di seluruh lini operasional. Oleh karenanya, kami terus mengembangkan basis keterampilan karyawan kami dengan menyer takan mereka baik dalam program pelatihan dan pengembangan internal maupun eksternal. Perseroan juga telah menunjuk McKinsey pada tahun 2012 untuk menangani rasionalisasi biaya di seluruh rantai nilai dan memperbaiki proses. Dewan Komisaris menghargai kemajuan signifikan yang telah dicapai oleh Direksi dalam mengelola dan meningkatkan kompetensi Sumber Daya Manusia.
Perusahaan memasuki TOP 50 dari Perusahaan Publik dengan skor tertinggi berdasarkan penilaian Scorecard Indonesian Institute for Corporate Directorship (IICD) ASEAN CG yang diumumkan pada tanggal 21 Maret 2014 di Jakarta. Selain itu, prestasi kami juga diakui oleh media terkemuka seperti majalah Investor, dimana Perseroan berhasil mempertahankan Corporate Sustainability-nya sehingga dinobatkan sebagai top 100 Emiten 2013.
Untuk lebih meningkatkan fungsi pengawasan, kami terus mendukung dan mendorong penyelesaian Whistleblowing System (WBS) dalam rangka meningkatkan kualitas penerapan GCG dari sisi akuntabilitas dan tanggung jawab serta telah membentuk kebijakan WBS pada tanggal 7 Maret 2013.
As we all know, the market condition in 2013 for this industry was in downward trend, but the Company was one of a few that made a positive growth by grew its sales by 9% and recorded a growth of 49% in domestic sales in 2013. Besides, the Company financial results in 2013 are indicates growth trends, with the positive impact due to the efficiencies done. Hence, the good liquidity in 2013 should be maintained well in the next uncertainty.
We are also proud to reveal that the Company has also successfully managed to complete a few infrastructures projects in 2013, the road and port project at Nilau in Jambi, Sumatera and the expansion of Bunati port in South Kalimantan. Furthermore, we were able to perform improvement on efficiencies both internal and externally by re-negotiating deals with third parties and improving operational line respectively. We strive to continue developing infrastructure along the coal supply chain to improve efficiencies and strengthen our distinctive position in the market.
In other respects, we also maintained our current high rate of growth and to expand further. We know it is essential to have the Company staffed by professionals in all aspects of our operations. We therefore continue to develop our employees' skill base by their participation in both internal and external training and development programs. The Company has also appointed McKinsey in 2012 to work on cost rationalization across the value chain and process improvements. Board of Commissioner appreciates the significant progresses that have been achieved by Board of Directors in managing and improving Human Resource competency.
OUR GOOD CORPORATE GOVERNANCE (GCG) AND HEALTH, SAFETY & ENVIRONMENT (HSE)
The Company entered the TOP 50 of The Public Listed with the highest score based on Indonesian Institute for Corporate Directorship (IICD) ASEAN CG Scorecard assessment that announced on March 21, 2014 at Jakarta. Moreover, our achievement was also recognized by reputable publications such as Investor magazine, the Company succeeded in maintaining its Corporate Sustainability so that crowned as top 100 Issuer 2013. To further enhance the supervisory function, we continue to support and encourage the completion of Whistleblowing System (WBS) in order to improve the quality of GCG implementation in term of accountability and responsibility and have formed WBS policy in March 7, 2013.
safety at work by implementing good mining practices and maintaining strict occupational health and safety standards throughout our operations. We achieved the 10,000,000 Working Hours with 'Zero Lost Time Injury' milestones and also Award on the assessment of Occupational Health and Safety and of Environment (HSE) in the form of PRATAMA Award through subsidiaries.
This is a proof that the Company has successfully committed to improve the best practices in GCG to meet the expectations of shareholders and stakeholders.
SOCIAL ENGAGEMENT THROUGH CORPORATE SOCIAL RESPONSIBILITY
Under the supervision of Board of Commissioners, the Company continues to show commitment and initiative of social and environmental responsibility by developing Community Development Programs, Environmental Management & Monitoring, Corporate Social Responsibility (CSR) and other programs that provide positive impact on the improved welfare for surrounding community.
One of the activities of Company in empowering the community was conducted through its Subsidiary, KIM, whereas has provided CSR assistance in the form of one unit fire engine and an ambulance to support both empowering the community through economic assistance and health empowerment. It is intended to better ensure the balance of benefits of operating results both in terms of Company's business as well as socially and economically for the benefit of community through CSR Programs.
COMPANY PROSPECT 2014
We believe the Company will be able to continue its sustainable growth in the upcoming year. Therefore, we appealed the Board of Directors to continue to maintain strong cost control in the coming year, so we can maintain, upgrade and expand our business.
We will make use opportunities to maintain the Company's growth by opening new markets, expanding the customer base in existing markets and consistently exploring arbitrage opportunities and also explore new product segments that offer adjacency advantages.
We believe by this way, the good prospects in the future can be optimized and provide maximum benefit to the Company and to all stakeholders. Board of Commissioners also feel optimistic that the Board of Directors and all of the Employees will be able to show a much better performance in the future when the external conditions become more conducive.
keselamatan karyawan kami di tempat kerjanya dengan menerapkan praktik penambangan yang baik dan mempertahankan standar kesehatan dan keselamatan yang ketat di seluruh operasional kami. Kami mampu mencapai 10.000.000 Jam Kerja dengan tolak ukur 'Zero Lost Time Injury' serta Penghargaan atas penilaian Keselamatan dan Kesehatan Kerja dan Lingkungan Hidup (HSE) dalam bentuk Penghargaan PRATAMA melalui Anak-anak Perusahaan kami.
Ini adalah bukti bahwa Perseroan berhasil berkomitmen untuk meningkatkan praktik terbaik dalam GCG untuk memenuhi harapan para pemegang saham dan pemangku kepentingan.
Di bawah pengawasan Dewan Komisaris, Perseroan terus menunjukkan komitmen dan inisiatif tanggung jawab sosial dan lingkungannya dengan mengembangkan Program Pengembangan Masyarakat, Pengelolaan & Pemantauan Lingkungan, Tanggung Jawab Sosial (CSR), serta program lainnya yang memberikan dampak positif dalam peningkatan kesejahteraan masyarakat sekitar.
Salah satu kegiatan Perseroan dalam pemberdayaan masyarakat dilakukan melalui Anak Perusahaannya, KIM, dengan memberikan bantuan CSR berupa satu unit mobil pemadam kebakaran dan ambulans untuk mendukung pemberdayaan masyarakat melalui bantuan ekonomi maupun bantuan kesehatan. Hal itu dimaksudkan untuk lebih memastikan keseimbangan manfaat atas hasil operasi baik dari segi bisnis Perseroan maupun dari segi sosial dan ekonomi bagi kepentingan masyarakat melalui Program CSR.
Kami yakin bahwa Perseroan mampu melanjutkan pertumbuhan yang berkelanjutan di tahun mendatang. Oleh karena itu, kami menghimbau kepada Direksi untuk terus mempertahankan pengendalian biaya yang kuat di tahun-tahun mendatang, sehingga kita dapat mempertahankan, meningkatkan, maupun memperluas bisnis kami.
Kita akan memanfaatkan peluang untuk mempertahankan pertumbuhan Perseroan dengan membuka pasar baru, memperluas basis pelanggan di pasar yang ada, dan secara konsisten menggali peluang arbitrase serta menggali segmen produk baru yang menawarkan keuntungan.
Kami yakin bahwa dengan cara ini, prospek yang baik di masa depan dapat dioptimalkan dan memberikan manfaat maksimal kepada Perseroan dan semua pemangku kepentingan. Dewan Komisaris juga merasa optimis bahwa Direksi dan seluruh Karyawan akan mampu menunjukkan kinerja yang jauh lebih baik di masa yang akan datang saat kondisi eksternal menjadi lebih kondusif.
KETERLIBATAN SOSIAL MELALUI TANGGUNG JAWAB SOSIAL PERUSAHAAN (CSR)
APRESIASI
Berdasarkan keputusan RUPS Tahunan tanggal 3 Mei 2013, Perseroan menerima pengunduran diri Bapak Raaj Kumar dan Bapak Michael J.P Widjaja dari jajaran Dewan Komisaris. Berbicara atas nama Dewan, kami berterimakasih atas kontribusi beliau terhadap Perseroan selama masa jabatannya. Selain itu, Perusahaan menunjuk Bapak Avinash Ramakant Shah sebagai Wakil Presiden Komisaris dan Bapak Wahyudi Harjoyuhianto Tandianza sebagai Komisaris. Pada tanggal 2 Desember 2013, Bapak Wahyudi Harjoyuhianto Tandianza telah mengundurkan diri dari jabatannya. Dengan demikian, posisinya akan diisi oleh Komisaris baru pada RUPS Tahunan berikutnya.
Mewakili Dewan Komisaris, saya ingin menyampaikan bahwa kami sangat senang dengan semua upaya dan juga menyampaikan ucapan terima kasih kepada Direksi dan seluruh Karyawan Perseroan yang telah berusaha sebaik mungkin untuk terus mempertahankan keunggulan operasional di tingkat tertinggi dan mengelola hubungan dengan semua Pemangku Kepentingan. Sebagai penutup, atas nama Dewan Komisaris, saya pun ingin menyampaikan terima kasih atas dukungan dari para Pemegang Saham kami, Pemerintah, pihak Regulator, Pemasok maupun Mitra Bisnis, dan, yang tak terlupakan, Pelanggan kami.
By resolution of Annual GMS dated May 3, 2013, the Company accept the resignation of Mr. Raaj Kumar and Mr. Michael J.P Widjaja from the Board of Commissioners. Speaking on behalf of the Boards, we are thankful for the past contribution to the Company during their term of office. Further, the Company appointed Mr. Avinash Ramakant Shah as Vice President Commissioner and Mr. Wahyudi Harjoyuhianto Tandianza as Commissioner. As of December 2, 2013, Mr. Wahyudi Harjoyuhianto Tandianza has resigned from his position. Thus, his position will be filled by new commissioner on next Annual GMS.
APPRECIATION
Representing the Board of Commissioners, I would like to express that we are pleased with the efforts and also sent our gratitude to our Board of Directors and all Employees of the Company who keep on maintaining operational excellence at the highest level and managing relationships with all Stakeholders to the best of their abilities.
In closing, on behalf of the Board of Commissioners, I would like to extend our deep gratitude for the support of our Shareholders, the Government, Regulatory parties, our Suppliers and Business Partners, and, not least, our Customers.
Dengan hormat,
Presiden Komisaris Yours sincerely,
President Commissioner
L. Krisnan Cahya
Profil Dewan Komisaris
Board of Commissioners’ Profile
1. L. Krisnan Cahya
2. Avinash Ramakant Shah
3. Ketut Sanjaya
4. H. Agus Tagor
5. Dr. Ir. Bambang Setiawan Presiden Komisaris
Wakil Presiden Komisaris
Komisaris Independen
Komisaris Independen
Komisaris Independen President Commissioner
Vice President Commissioner
Independent Commissioner
Independent Commissioner
Independent Commissioner
Ÿ Efektif pada tanggal 2 Desember 2013, salah satu anggota Dewan Komisaris Perseroan, Bapak Wahyudi Harjoyuhianto Tandianza mengundurkan diri dari jabatannya.
Ÿ Effective as per December 2, 2013, one of Board of Commissioner member of the Company, Wahyudi Harjoyuhianto Tandianza resigned from his position.
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Warga Negara Indonesia, 53 tahun. Menjabat sebagai Presiden Komisaris Perseroan berdasarkan keputusan RUPS Luar Biasa Perseroan tanggal 12 Januari 2012. Saat ini juga menjabat sebagai Presiden Direktur DSS sejak 2009, Wakil Komisaris Utama di PT DSSP Power Sumsel sejak 2012, Wakil Komisaris Utama PT DSSA Mas Sejahtera sejak tahun 2012, Komisaris Utama PT Sinarmas Sukses Sejahtera sejak tahun 2012, Komisaris Utama PT Buana Bumi Energi sejak tahun 2011, dan Wakil Komisaris Utama PT Mora Quatro Multimedia sejak tahun 2012. Sebelumnya beliau menjabat antara lain sebagai Presiden Direktur Perseroan (2011-Januari 2012), Komisaris Utama RCI (2011-2012), Presiden Komisaris BIB (2011-2012), Direktur
PT Lippo Karawaci Tbk (2005-2008), Komisaris dan Direktur PT Multipolar Tbk (2001-2008), serta menduduki beberapa posisi
senior di PT Bank Bali Tbk (1995-2000) dan PT Bank Panin Tbk (1984-1995). Beliau adalah lulusan dari Universitas Tarumanagara pada tahun 1986 dalam bidang Akuntansi dan merupakan anggota Fellow dari Institute of Public Accountants Australia. Pada November 2013, Beliau
mengikuti pertemuan CEO Networking di Bali yang diadakan oleh PT Bursa Efek Indonesia dan pada Mei 2013, Beliau mengikuti seminar
“Power and Electricity” di Hongkong yang diadakan oleh Terrapin Pte. Ltd.. Bapak Krisnan Cahya memiliki hubungan afiliasi dengan pemegang saham Perseroan.
Mr. L. Krisnan Cahya, 53 years old, is an Indonesian Citizen and was appointed as President Commissioner of the Company pursuant to the approval of EGM of the Company dated January 12, 2012. Currently, Mr. L. Krisnan Cahya also serves as President Director of DSS since 2009, Vice President Commissioner of PT DSSP Power Sumsel since 2012, Vice President Commissioner of PT DSSA Mas Sejahtera since 2012, President Commissioner of PT Sinarmas Sukses Sejahtera since 2012, President Commissioner of PT Buana Bumi Energi since 2011, and Vice President Commissioner of PT Mora Quatro Multimedia since 2012. He has held several positions previously, such as President Director of the Company (2011-January 2012), President Commissioner of RCI (2011-2012), President Commissioner of BIB (2011-2012), Director of PT Lippo Karawaci Tbk (2005-2008), Commissioner and Director of PT Multipolar Tbk (2001-2008), and also several senior positions in PT Bank Bali Tbk (1995-2000) and in PT Bank Panin Tbk (1984-1995). He graduated from Tarumanagara University in 1986, Faculty of Economy, majoring in Accounting, and he is a member of The Australia Institute of Accountant. In November 2013, He attended the CEO Networking in Bali which was held by PT Bursa Efek Indonesia, and in May 2013, He participated in “Power and Electricity” in Hongkong which was held by Terrapin Pte. Ltd. Mr. Krisnan Cahya has an affiliate relationship with the shareholder of the Company.
Warga Negara India, 57 tahun. Menjabat sebagai Wakil Presiden Komisaris Perseroan berdasarkan keputusan RUPS Tahunan Perseroan pada tanggal 3 Mei 2013. Saat ini juga menjabat sebagai Wakil Presiden Komisaris BIB sejak 2013, Presiden di GMR Grup yang bertanggung jawab terhadap bisnis batubara termasuk aset batubara di Indonesia dan juga bertanggung jawab terhadap pengadaan batubara untuk proyek energi di India. Beliau bergabung dengan GMR Grup sejak Juli 2006 sebagai Senior Wakil Presiden dalam Divisi Energi. Sebelumnya menjabat sebagai Kepala Energi Hydro dan mengambil alih sebagai Kepala Bisnis Pembangunan Batubara Thermal dan bertanggung jawab atas penerapan proyek 2x300 MW di Warora, Maharashtra dan 2x685 MW di Raikheda, Chhattisgarh. Sebelumnya beliau bergabung dengan IBM sebagai Manajer area Asia Pasifik, GE Capital, dan Bank ICICI. Beliau lulus sebagai Insinyur Kimia dari Indian Institute of Technology, Delhi pada tahun 1978 dan program pasca sarjana dalam bidang manajemen dari Indian Institute of Management, Calcutta pada tahun 1982. Bapak Avinash Ramakant Shah memiliki hubungan afiliasi dengan pemegang saham Perseroan.
Mr. Avinash Ramakant Shah, 57 years old, an Indian Citizen, was appointed as Vice President Commissioner of the Company pursuant to the approval of the AGM of the Company dated May 3, 2013. Currently Mr. Avinash serves as a Vice President Commissioner of BIB since 2013, President in GMR Group and in-charge of Coal Business including Coal Assets in Indonesia and also responsible for Coal procurement for the power projects in India. He Joined GMR Group in July 2006 as Senior Vice President – Power Business Division. Initially, he was the Head of Hydro Power Business and then took over the position of a Head of Thermal Business Development and in-charge of Project Development and Project implementation of 2x300 MW project in Warora, Maharashtra and 2x685 MW in Raikheda, Chhattisgarh. Previously, he worked with IBM as Asia Pacific Manager, GE Capital and ICICI Bank. He is a qualified Chemical Engineer from Indian Institute of Technology, Delhi in 1978 and holds a post graduate diploma in management from Indian Institute of Management, Calcutta in 1982. Mr. Avinash Ramakant Shah has an affiliate relationship with the shareholder of the Company.
Warga Negara Indonesia, 62 tahun. Menjabat sebagai Komisaris Independen Perseroan berdasarkan keputusan RUPS Luar Biasa Perseroan tanggal 21 Februari 2011. Beliau juga menjabat sebagai Ketua Komite Audit
Perseroan sejak Maret 2012. Sebelumnya menjabat sebagai Komisaris PT Bank Barclays Indonesia dan merupakan Pejabat Karier di Bank Indonesia
dengan posisi: Peneliti Senior Perbankan (2008-2009), Direktur Pengawasan
Bank (2007-2008), Pemimpin Bank Indonesia cabang Denpasar (2004-2007), Pengawas Bank (1994-2004), Pemeriksa Bank (1985-1994),
dan Analis Kredit (1979-1983). Beliau lulus dari Universitas Padjajaran pada 1977 jurusan Teknik dan dari Management Education Institute Boston, USA pada 1984. Pada Februari 2014, beliau mengikuti seminar “Launch of the Corporate Governance Road Map and Corporate Governance Manual” yang diselenggarakan di Jakarta oleh Otoritas Jasa Keuangan.
Mr. Ketut Sanjaya, 62 years old, an Indonesian Citizen. He was appointed as an Independent Commissioner of the Company pursuant to the approval of the EGM of the Company dated February 21, 2011. He also holds the position as the Chairman of Audit Committee to the Company since March 2012. Previously, he held the position of Commissioners in PT Bank Barclays Indonesia and held the following positions in Bank Indonesia: senior Banking Researcher (2008-2009), Director of Supervisory Bank (2007-2008), The Chairman of Bank of Indonesia branch Denpasar (2004-2007), Bank Supervisor (1994-2004), Bank Examiner (1985-1994), and Credit Analyst (1979-1983). He graduated from Padjajaran University in 1977 majoring in Engineering and from Management Education Institute Boston, USA in 1984. On February 2014, He participated in the “Launch of the Corporate Governance Road Map and Corporate Governance Manual” training which was held in Jakarta by the Financial Services Authority.
Ketut Sanjaya
Komisaris Independen
