The Board of Commissioners is also responsible for providing advice to the Board of Directors. Until now, there have been no replacements or changes in the composition or membership of the Board of Commissioners.
LAPORAN DIREKSI
MESSAGE FROM THE DIRECTORS
- Strategy and strategic policies Strategy
- Strategi dan Kebijakan-kebijakan strategis Strategi
- Perbandingan hasil yang dicapai dengan yang ditargetkan
- Comparison of results achieved with the target
These things require the company to constantly innovate to stay competitive in the market. The Company has production facilities that can improve efficiency and maintain the quality of the Company's products.
PROFIL PERUSAHAAN
COMPANY PROFILE
Supiandi Prawirawidjaja Ketua Komisaris/Komisaris Utama Endang Suharya Komisaris Independen/Komisaris Independen Soeharsono Sagir Komisaris/Komisaris.
IDENTITAS PERSEROAN
Company Identity
VISI, MISI DAN NILAI PERUSAHAAN
The Company’s Vision, Mission and Values
VISI VISION MISI
VALUES
KETERANGAN TENTANG PERSEROAN
Company Profile
Thus, this favorably facilitates the company to obtain its raw materials and distribute its products. In the field of food production, the company produces milk powder and sweetened condensed milk.
PRODUK-PRODUK
YANG DIHASILKAN PERSEROAN
Range of Products
RAPAT UMUM PEMEGANG SAHAM
STRUKTUR ORGANISASI
Organization Structure
HRD &
General Affair
Direksi
Sekretaris Perusahaan
Dewan Komisaris
Komite Audit
Audit Internal
Information &
TechnologySales &
Accounting
PENGAWASAN DAN
KEPENGURUSAN PERSEROAN
Company Supervision and Management
PROFIL PENGURUS PERSEROAN
Profile of Company Management
Has no affiliated relationships with members of the Supervisory Board, with members of the Board of Directors, nor with the shareholders of the Company. Has no affiliated relationships with members of the Supervisory Board, with the other members of the Board of Directors or with the shareholders of the Company.
SUMBER DAYA MANUSIA
Human Resources
PERUSAHAAN ASOSIASI DAN ENTITAS ANAK
Associated Company and Subsidiaries
ALAMAT PERUSAHAAN ASOSIASI DAN ENTITAS ANAK
Addresses of Associated Company and Subsidiaries
KOMPOSISI PEMILIKAN SAHAM PERSEROAN
Company Share Ownership Composition
KRONOLOGIS PENCATATAN SAHAM PERSEROAN
Chronology of Company’s Shares Listing
200.- per saham dan/atau 1 unit obligasi Ultrajaya III tahun 2004 dengan tingkat bunga tetap senilai Rp. Pada bulan Juni 2017, rapat umum luar biasa Perseroan menyetujui pemecahan saham dari nilai nominal Rp200. menjadi 50 Rp. per
ALAMAT KANTOR
PERWAKILAN PEMASARAN
Addresses of Marketing Representative Offices
1 Pulogadung Nywerheidsgebied Jalan Rawa Terate I No. 1A Jalan Cibitung Tolhek, Gandasari Village, Wes Cikarang BEKASI – 17520.
PROFESI DAN LEMBAGA PENUNJANG PASAR MODAL
Capital Market Supporting Professionals and Institutions
AKUNTAN PUBLIK Public Accountants
TANUBRATA SUTANTO FAHMI BAMBANG & REKAN CERTIFIED PUBLIC ACCOUNTANTS
BIRO ADMINISTRASI EFEK Securities Administration Bureau
PENGHARGAAN DAN SERTIFIKASI
Awards and Certification
Produk Makanan Kemasan Terbaik Pria dan Wanita 2014 (Best Pick 2014), dari Men's Health Indonesia dan Women's Health Indonesia. 3 Juni 2015 : Inovasi pengembangan produk Teh Kotak Less Sugar dari PERGIZI PANGAN Indonesia dan GAPMMI.
ANALISIS & PEMBAHASAN MANAJEMEN
ANALYSIS & REVIEW BY MANAGEMENT
REVIEW ON OPERATIONAL PERFORMANCE Business Field
The company markets and sells its products through various channels, including through modern retailers (which mainly consist of supermarkets, hypermarkets, minimarts and grocery stores), traditional retailers (which mainly consist of small independent sellers), wholesalers , as well as various institutions in the country. Outside of Java, the Company sells its products to consumers through 55 distributors located throughout the country.
ANALISIS KINERJA OPERASIONAL
In the beverage category, the Company produces beverages made from pure milk, tea leaves and other ingredients such as pods and tamarind. The company processes beverage products using UHT (Ultra High Temperature) technology and packaged in aseptic cardboard packaging.
ANALISIS KINERJA KEUANGAN
Seluruh produk minuman UHT baik susu cair, minuman teh, minuman kesehatan dan minuman lainnya diproses menggunakan mesin pengolah dan pengemasan aseptik, peralatan dan keahlian yang diperoleh dari Tetra Pak dan SIG Combibloc, sedangkan produksi produk berbasis bahan padat (kelompok makanan ) terdiri dari susu kental manis dan susu bubuk, diproses dengan mesin pengolah dan pengemasan, peralatan dan pengetahuan yang diperoleh dari GEA Niro.
REVIEW ON FINANCIAL PERFORMANCE
- Laba Usaha
- Gross profit
- Operating Profit
- Laba sebelum Pajak
- Laba Tahun Berjalan
- Arus Kas
- Current Year Profit
- Cash Flow
Perseroan mempunyai kewajiban jangka panjang terhadap pemasok mesin yang harus dibayar pada tahun 2019 sebesar DKK 27,1 miliar. Rp. 689,5 miliar dibandingkan dengan Kas Bersih yang digunakan untuk aktivitas investasi pada tahun buku 2017 yaitu sebesar Rp399,7 miliar. pada tahun buku 2017 menjadi Rp.
LAIN-LAIN
- Tingkat Kemampuan Membayar Utang
OTHERS
- Tingkat Kolektibilitas Piutang
- Level of Receivables Collectibility
- Kebijakan Dividen
- Dividend Policy
- Manajemen Risiko
- Risk Management
- Perikatan
- Agreements
- Peristiwa Setelah Tanggal Laporan Akuntan
- Subsequent Events After the Date of The Auditor’s Report
Cash ratio is the Company's ability to pay all its short-term obligations using funds from cash and cash equivalents and securities. The level of the Company's ability to collect its receivables (average collection period), in 2018 is 34 days, while in 2017 it was 36 days. The Company conducts its operational transactions in various foreign currencies, therefore the Company has a risk of foreign currency loss.
Therefore, the company bears the risk of loss due to changes in the loan interest rate. To manage the risk of losses due to changes in loan interest rates, the Company tries to obtain loans with the lowest interest rate. Assets that may cause credit risk that the Company may carry are: Cash and Cash Equivalents, Accounts Receivable and Other Receivables.
Shortage or decrease in quality of the raw materials may adversely affect the Company's production and sales. Therefore, every technology development to improve production technique is the biggest concern for the company. Since the year 2000, the company has entered into a production cooperation agreement (toll manufacturing) with PT Sanghiang Perkasa to manufacture and package infant formula products.
TATA KELOLA PERSEROAN
GOOD CORPORATE GOVERNANCE
- ANGGARAN DASAR PERSEROAN
- ARTICLES OF ASSOCIATION
- ORGAN PERSEROAN
- RAPAT UMUM PEMEGANG SAHAM (RUPS)
- THE COMPANY ORGANS
- GENERAL MEETING OF SHAREHOLDERS (RUPS)
- DIREKSI
- DIRECTORS
- DEWAN KOMISARIS
- BOARD OF COMMISIONERS
- KOMITE AUDIT
- AUDIT COMMITTEE
- SEKRETARIS PERUSAHAAN
- CORPORATE SECRETARY
- DIVISI PENGENDALIAN INTERNAL (INTERNAL AUDIT)
- INTERNAL CONTROL DIVISION (INTERNAL AUDIT)
- SISTEM PENGENDALIAN INTERNAL (INTERNAL CONTROL)
- INTERNAL CONTROL SYSTEM
- MANAJEMEN RISIKO
- RISK MANAGEMENT
Implementing the principles of good corporate governance can contribute to improving the company's performance. The statute of the company regulates, among other things: the name and registered office of the company (Article 1), the period of establishment (Article 2), the purpose and objectives and business activities (Article 3), other details regarding the capital (Article 4) and other details regarding with company shares (Articles 5 to 10). 40, 2007 regarding limited liability companies, the company's bodies are the shareholders' meeting, the board of directors and the directors.
Article 15 of the Company's articles of association provides that the Company is managed and managed by the Directors. The meetings of the Board of Directors are determined in Article 6 of the Company's articles of association. In 2018, the Company's Board of Directors held regular monthly meetings with all department heads, attended by all members of the Board of Directors.
The powers and duties of the Supervisory Board are laid down in Article 19 of the Company's articles of association. The meetings of the Supervisory Board are laid down in Article 20 of the Company's articles of association. The company secretary is appointed, dismissed and is accountable to the Company's Board of Directors.
TANGGUNG JAWAB
SOSIAL PERUSAHAAN
CORPORATE SOCIAL RESPONSIBILITY
- Aspek Lingkungan Hidup
- Environment Aspect
- Aspek Ketenagakerjaan
- Aspek Pengembangan Sosial dan Kemasyarakatan a. Kepedulian terhadap masyarakat sekitar
- Employment Aspect
- Social and Community Development Aspect a. Care for the surrounding community
- Aspek Tanggung Jawab Produk
- Product Responsibility Aspect
The Company cares about the problems facing the community, and the Company constantly takes an active part in helping to overcome their problems. Environmental protection is one of the Company's long-term social responsibility goals as a food and beverage manufacturer. The Company has always obeyed various laws and regulations related to the environment and the Company has always fulfilled certain agreements in accordance with the existing permits.
The company believes that the company's operations already comply with all major related regulations regarding the environment. In addition, the company has a collective labor agreement that serves as a guideline for all employees in the performance of their duties. The company also has a corporate code of conduct that sets out ethical guidelines for its working class and managerial staff.
The company regulation can be a board decree, a memo from the board of directors, a notice of directors, etc. The company actively helps provide clean water to the community living in the company's neighborhood by building water tanks, all furnished with water pipes. All of the Company's products have received a registration approval from the Food and Drug Administration (BPOM), as required for food (and beverage) products in retail packaging.
LETTER OF STATEMENT OF BOARD OF COMMISSIONERS & DIRECTORS OF RESPONSIBILITY TO THE 2018 ANNUAL REPORT
LAPORAN KEUANGAN KONSOLIDASIAN
GOOD CORPORATE GOVERNANCE
DESEMBER 2018 DAN
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
- PERTIMBANGAN, ESTIMASI, DAN ASUMSI AKUNTANSI YANG SIGNIFIKAN
- SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS
- SIGNIFICANT ACCOUNTING JUDGMENTS, ESTIMATES AND ASSUMPTIONS (Continued)
- PENYERTAAN SAHAM PADA ENTITAS ASOSIASI DAN VENTURA
- INVESTMENT IN ASSOCIATES AND JOINT VENTURES (Continued)
- INVESTMENT IN ASSOCIATES AND JOINT VENTURE (Continued)
- HEWAN TERNAK PRODUKSI – BERUMUR PANJANG LONG–TERM LIVESTOCK –NET Rincian dan mutasi hewan ternak produksi – berumur panjang
- ASET TIDAK LANCAR LAINNYA OTHER NON-CURRENT ASSETS
- TAMBAHAN MODAL DISETOR – NETO ADDITIONAL PAID-IN CAPITAL – NET
- ANALYSIS OF AMOUNTS RECOGNISED IN OTHER COMPREHENSIVE INCOME
- TRANSAKSI DAN SALDO DENGAN PIHAK-PIHAK BERELASI RELATED PARTIES TRANSACTION AND BALANCES
- RELATED PARTIES TRANSACTION AND BALANCES (Continued)
- RELATED PARTIES TRANSACTION AND BALANCES (Continued)
PT Ultra Sumatera Dairy Farm, was established based on notary deed no. subsequently amended by notary deed from Dr. The files were approved by the Minister of Law and Human Rights of the Republic of Indonesia by Decision Letter No. The company's articles of association have been amended several times, the latest amendments are based on the deed of minutes No. 15 dated June 25, 2018, where the controlling shareholders are PT Ultrajaya Milk Industry & Trading Company Tbk with ownership accounted for 69.36% of outstanding shares or amounted to Rp 357,754. The currency used in the consolidated financial statements is Indonesian rupiah ("Rupiah"), which is the Group's functional currency. Joint ventures: where the group has rights only to the net assets of the joint arrangement.
The entity and the reporting entity are members of the same group (meaning that each parent, subsidiary and other subsidiary is related to the others);. This category includes only out-of-the-money derivatives (see "Financial assets" for out-of-the-money derivatives). Payments made under operating leases (net of any incentives received by the lessor) are charged to the consolidated statement of profit or loss and other comprehensive income on a straight-line basis over the lease term.
Dividend distributions are recognized as a liability in the consolidated financial statements when the dividends are approved at the Company's General Meeting of Shareholders. Book value of the Group's stocks after allowance for decline in market values and. As of December 31, 2018 and 2017, none of the Group's intangible assets are restricted or used as collateral.
Based on the deed of Extraordinary General Meeting of Shareholders No. The Company has agreed to declare share split with ratio 1:4. Analysis of aging of the Group's financial assets as of 31 December 2018 and 2017 is as follows:
Prudent management of liquidity risk means maintaining a sufficient amount of cash and cash equivalents to support business activities in a timely manner.
- MONETARY ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES (Continued)
- PENYAJIAN KEMBALI LAPORAN KEUANGAN KONSOLIDASIAN TAHUN SEBELUMNYA
- RESTATEMENT OF PRIOR YEAR CONSOLIDATED FINANCIAL STATEMENTS
Disajikan dalam jutaan rupiah, kecuali dinyatakan lain) 41. Tabel berikut menunjukkan nilai tercatat dan estimasi nilai wajar instrumen keuangan Grup pada tanggal 31 Desember 2018 dan 2017. Disajikan dalam jutaan rupiah, kecuali dinyatakan lain) ( Dinyatakan dalam jutaan rupiah, kecuali dinyatakan lain) 41.
Grup diwajibkan oleh perjanjian pinjaman masing-masing untuk mempertahankan tingkat modal saham yang ada. Grup Usaha memantau permodalannya menggunakan rasio leverage bersih. dengan membagi utang bersih dengan total ekuitas. Kelompok Usaha mempunyai kas dan setara kas yang lebih besar dibandingkan utang bank, hal ini menunjukkan bahwa Kelompok Usaha mempunyai kemampuan membayar utang tersebut dengan kas dan setara kas tanpa mengenakan pajak atas ekuitas.
The Group monitors its capital using net leverage ratios. by dividing net debt by total equity. The Group had cash and cash equivalents that are greater than bank borrowings, this shows that the Group has the ability to repay debt with cash and cash equivalents without cost equity. Disajikan dalam Jutaan Rupiah, keelah izada lain) (Expressed in Millions of Rupiah, unless otherwise stated) 42.
