PT. GAJAH TUNGGAL Tbk DAN ENTITAS ANAK/AND ITS SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN DAN INFORMASI TAMBAHAN/ CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION PADA 30 SEPTEMBER 2017 DAN 31 DESEMBER 2016 SERTA UNTUK PERIODE YANG BERAKHIR 30 SEPTEMBER 2017 DAN 2016/ AS OF SEPTEMBER 30, 2017 AND DECEMBER 31, 2016 AND FOR THE NINE-MONTHS PERIODS ENDED SEPTEMBER 30, 2017 AND 2016
PT. GAJAH TUNGGAL Tbk DAN ENTITAS ANAK DAFTAR ISI PT. GAJAH TUNGGAL Tbk AND ITS SUBSIDIARY TABLE OF CONTENTS Halaman/ Page SURAT PERNYATAAN DIREKSI DIRECTORS STATEMENT LETTER LAPORAN KEUANGAN KONSOLIDASIAN - Pada tanggal 30 September 2017 dan 2016 serta untuk periode yang berakhir pada tanggal tersebut CONSOLIDATED FINANCIAL STATEMENTS - As of September 30, 2017 and 2016 and for the periods then ended Laporan Posisi Keuangan Konsolidasian 1 Consolidated Statements of Financial Position Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian 3 Consolidated Statements of Profit or Loss and Other Comprehensive Income Laporan Perubahan Ekuitas Konsolidasian 4 Consolidated Statements of Changes in Equity Laporan Arus Kas Konsolidasian 5 Consolidated Statements of Cash Flows Catatan Atas Laporan Keuangan Konsolidasian 6 Notes to Consolidated Financial Statements
PT. GAJAH TUNGGAL Tbk DAN ENTITAS ANAK PT. GAJAH TUNGGAL Tbk AND ITS SUBSIDIARY LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 30 SEPTEMBER 2017 DAN 31 DESEMBER 2016 SEPTEMBER 30, 2017 AND DECEMBER 31, 2016 ASET 30 September/ 31 Desember/ Catatan/ September 30, December 31, Notes 2017 2016 Rp'Juta/ Rp'Juta/ Rp'Million Rp'Million ASSETS ASET LANCAR CURRENT ASSETS Kas dan setara kas 5 612,656 755,545 Cash and cash equivalents Aset keuangan lainnya - lancar 6 191,317 370,941 Other financial assets - current Piutang usaha 7 Trade accounts receivable Pihak berelasi 37 1,610,339 1,383,485 Related parties Pihak ketiga 1,918,942 1,752,761 Third parties Piutang lain-lain Other accounts receivable Pihak berelasi 8,37 275,778 250,894 Related parties Pihak ketiga 471,057 387,613 Third parties Persediaan 9 2,525,892 2,280,868 Inventories Uang muka 131,976 71,605 Advances Pajak dibayar dimuka 10 130,534 211,543 Prepaid taxes Biaya dibayar dimuka 66,325 51,897 Prepaid expenses Jumlah Aset Lancar 7,934,816 7,517,152 Total Current Assets ASET TIDAK LANCAR NON-CURRENT ASSETS Piutang lain-lain kepada pihak Other accounts receivable from berelasi 8,37 648,456 648,456 a related party Aset pajak tangguhan 35 353,134 261,753 Deferred tax assets Investasi pada entitas asosiasi 11 828,991 843,075 Investment in associate Aset keuangan tidak lancar lainnya 12 37,610 33,793 Other non-current financial assets Properti investasi - bersih 13 158,634 160,797 Investment properties - net Aset tetap - setelah dikurangi Property, plant and equipment - net of akumulasi penyusutan sebesar accumulated depreciation of Rp 7.379.451 juta tahun 2017 Rp 7,379,451 million in 2017 Rp 6.830.114 juta tahun 2016 14 8,944,928 9,130,997 Rp 6,830,114 million in 2016 Aset lain-lain 82,123 101,756 Other assets Jumlah Aset Tidak Lancar 11,053,876 11,180,627 Total Non-current Assets JUMLAH ASET 18,988,692 18,697,779 TOTAL ASSETS Lihat catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 1 -
PT. GAJAH TUNGGAL Tbk DAN ENTITAS ANAK PT. GAJAH TUNGGAL Tbk AND ITS SUBSIDIARY LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 30 SEPTEMBER 2017 DAN 31 DESEMBER 2016 SEPTEMBER 30, 2017 AND DECEMBER 31, 2016 LIABILITAS DAN EKUITAS 30 September/ 31 Desember/ Catatan/ September 30, December 31, Notes 2017 2016 Rp'Juta/ Rp'Juta/ Rp'Million Rp'Million LIABILITIES AND EQUITY LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Utang bank 15 1,025,587 553,143 Bank loans Utang usaha 16 Trade accounts payable Pihak berelasi 37 246,814 375,765 Related parties Pihak ketiga 1,601,247 1,338,975 Third parties Utang lain-lain Other accounts payable Pihak berelasi 8 256,374 127,058 Related parties Pihak ketiga 229,930 223,787 Third parties Utang pajak 17 67,573 211,171 Taxes payable Utang dividen 2,563 2,498 Dividends payable Biaya yang masih harus dibayar dan Accrued expenses and liabilitas lainnya 18 501,527 593,570 other liability Uang muka penjualan 6,419 11,170 Sales advances Jaminan penyalur 19 831,808 849,339 Dealers' guarantee Utang jangka panjang yang jatuh tempo Current maturities of dalam satu tahun Pinjaman sindikasi 21 336,752 - Syndicated loan Utang sewa pembiayaan 22 60,548 57,329 finance lease obligation Jumlah Liabilitas Jangka Pendek 5,167,142 4,343,805 Total Current Liabilities LIABILITAS JANGKA PANJANG NON-CURRENT LIABILITIES Utang obligasi 20 3,352,500 6,703,808 Bonds payable Liabilitas jangka panjang setelah dikurangi Long-term finance lease obligation - bagian yang jatuh tempo dalam satu tahun net of current maturities Pinjaman sindikasi 21 2,836,035 - Syndicated loan Utang sewa pembiayaan 22 90,232 129,306 finance lease obligation Liabilitas imbalan pasca kerja 23 2,025,873 1,672,683 Post-employment benefits obligations Jumlah Liabilitas Jangka Panjang 8,304,640 8,505,797 Total Non-current Liabilities Jumlah Liabilitas 13,471,782 12,849,602 Total Liabilities EKUITAS EQUITY Modal saham - nilai nominal Rp 500 per saham Capital stock - Rp 500 par value per share Modal dasar - 12.000.000.000 saham Authorized - 12,000,000,000 shares Modal ditempatkan dan disetor - Subscribed and paid-up - 3.484.800.000 saham 24 1,742,400 1,742,400 3,484,800,000 shares Tambahan modal disetor 25 (502,515) (502,515) Additional paid-in capital Penghasilan komprehensif lain 26 215,471 388,628 Other comprehensive income Saldo laba Retained earnings Ditentukan penggunaannya 28 65,000 60,000 Appropriated Tidak ditentukan penggunaannya 3,997,055 4,160,165 Unappropriated Jumlah 5,517,411 5,848,678 Total Dikurangi biaya perolehan saham Less cost of treasury stocks - diperoleh kembali - 391.400 saham 27 (501) (501) 391,400 shares Jumlah Ekuitas 5,516,910 5,848,177 Total Equity JUMLAH LIABILITAS DAN EKUITAS 18,988,692 18,697,779 TOTAL LIABILITIES AND EQUITY Lihat catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 2 -
PT. GAJAH TUNGGAL Tbk DAN ENTITAS ANAK PT. GAJAH TUNGGAL Tbk LAPORAN LABA RUGI DAN PENGHASILAN STATEMENTS OF PROFIT OR LOSS AND KOMPREHENSIF LAIN KONSOLIDASIAN OTHER COMPREHENSIVE INCOME UNTUK PERIODE SEMBILAN BULAN YANG BERAKHIR FOR THE NINE-MONTHS PERIODS ENDED 30 SEPTEMBER 2017 DAN 2016 SEPTEMBER 30, 2017 AND 2016 Sembilan bulan Sembilan bulan/ Catatan/ Nine Months Nine months Notes 2017 2016 Rp'Juta/ Rp'Juta/ Rp'Million Rp'Million PENJUALAN BERSIH 29,37 10,806,078 10,161,239 NET SALES BEBAN POKOK PENJUALAN 30,37 8,989,013 7,735,435 COST OF SALES LABA KOTOR 1,817,065 2,425,804 GROSS PROFIT Beban penjualan 31 (687,585) (745,343) Selling expenses Beban umum dan administrasi 32 (479,638) (451,289) General and administrative expenses Beban keuangan 33 (852,936) (561,000) Finance cost Kerugian atas penarikan produk 18 (169,471) (230,925) Losses on product recall Keuntungan (kerugian) kurs mata uang asing - bersih 40 (25,450) 359,488 Gain (loss) on foreign exchange - net Bagian rugi bersih entitas asosiasi 11 (18,856) (99,149) Equity in net loss of associate Penghasilan bunga 59,753 45,865 Interest income Keuntungan dan kerugian lain-lain 34 227,676 40,977 Other gains and losses LABA SEBELUM PAJAK (129,442) 784,428 PROFIT BEFORE TAX BEBAN PAJAK - BERSIH 35 (11,246) (201,488) TAX EXPENSE - NET LABA BERSIH PERIODE BERJALAN (140,688) 582,940 NET PROFIT FOR THE PERIOD PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME Pos-pos yang tidak akan direklasifikasi ke laba rugi : Items that will not be reclassified subsequently to profit or loss: Perubahan ekuitas asosiasi Change in equity of associate karena kuasi reorganisasi due to quasi reorganization Pengukuran kembali atas program Remeasurement of defined benefit imbalan pasti 23 (167,421) (174,853) obligation Penghasilan komprehensif lain Share in other comprehensive atas entitas asosiasi 11,26 (23,056) (3,820) income of associate Pos-pos yang akan direklasifikasi Items that may be reclassified subsequently ke laba-rugi : to profit or loss: Selisih kurs karena penjabaran Foreign currency translation adjustment laporan keuangan entitas anak 26 848 (6,311) of the subsidiary Keuntungan nilai wajar bersih atas aset Net fair value gain on available-for-sale keuangan tersedia untuk dijual 6,12,26 (11,356) 14,462 financial assets Penghasilan komprehensif lain Share in other comprehensive atas entitas asosiasi 11,26 27,828 (52,459) income of associate Jumlah penghasilan komprehensif lain Total other comprehensive income for periode berjalan setelah pajak (173,157) (222,981) the current period, net of tax JUMLAH LABA KOMPREHENSIF TOTAL COMPREHENSIVE INCOME PERIODE BERJALAN (313,845) 359,959 FOR THE PERIOD LABA YANG DAPAT DIATRIBUSIKAN KEPADA PROFIT ATRTIBUTABLE TO: Pemilik Entitas Induk (140,688) 582,940 Owners of the Company Kepentingan Nonpengendali - - Non-controlling interest Laba Bersih Periode Berjalan (140,688) 582,940 Net Profit for the Period JUMLAH LABA KOMPREHENSIF YANG TOTAL COMPREHENSIVE INCOME DAPAT DIATRIBUSIKAN KEPADA ATTRIBUTABLE TO Pemilik Entitas Induk (313,845) 359,959 Owners of the Company Kepentingan Nonpengendali - - Non-controlling interest Jumlah Laba Komprehensif periode berjalan (313,845) 359,959 Total Comprehensive Income for the period LABA PER SAHAM DASAR 36 BASIC EARNINGS PER SHARE (dalam Rupiah penuh) (40.38) 167.30 (In full Rupiah) Lihat catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 3 -
PT. GAJAH TUNGGAL Tbk DAN ENTITAS ANAK PT. GAJAH TUNGGAL Tbk AND ITS SUBSIDIARY LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY UNTUK PERIODE SEMBILAN YANG BERAKHIR 30 SEPTEMBER 2017 DAN 2016 FOR THE NINE-MONTHS ENDED SEPTEMBER 30, 2017 AND 2016 Penghasilan komprehensif lain/ Other comprehensive income Keuntungan nilai wajar bersih Selisih kurs karena Perubahan ekuitas atas aset keuangan penjabaran Penghasilan Pengukuran entitas asosiasi tersedia untuk laporan keuangan komprehensif lain kembali atas karena Tambahan dijual/ entitas anak/ atas entitas asosiasi/ program imbalan kuasi-reorganisasi/ modal disetor/ Net fair value Foreign currency Share in other pasti/ Changes in equity Saldo laba/retained earnings Modal disetor/ Additional gain on translation comprehensive Remeasurement of associate Ditentukan Tidak ditentukan Saham Catatan/ Paid-up paid-in available-for-sale adjustment of income of on defined company due to penggunaannya/ penggunaannya/ diperoleh kembali/ Jumlah ekuitas/ Notes capital capital financial assets the subsidiary associate benefit obligation Quasi-reorganization Appropriated Unappropriated Treasury stocks Total equity Saldo per 01 Januari 2016 Balance as of January 01, 2016 disajikan kembali 1,742,400 (502,515) 33,085 24,673 413,506 (250,312) 340,202 60,000 3,533,604 (501) 5,394,142 as restated Jumlah laba rugi komprehensif Total comprehensive income periode berjalan - - 14,462 (6,311) (56,279) (174,853) - - 582,940-359,959 for the period Saldo per 30 September 2016 1,742,400 (502,515) 47,547 18,362 357,227 (425,165) 340,202 60,000 4,116,544 (501) 5,754,101 Balance as of September 30, 2016 Saldo per 01 Januari 2017 1,742,400 (502,515) 35,713 22,347 382,236 (391,870) 340,202 60,000 4,160,165 (501) 5,848,177 Balance as of January 01, 2017 Pembentukan cadangan umum 28 - - - - - - - 5,000 (5,000) - - General reserve Dividen tunai 28 - - - - - - - - (17,422) - (17,422) Cash dividend Jumlah laba rugi komprehensif Total comprehensive income periode berjalan - - (11,356) 848 4,772 (167,421) - - (140,688) - (313,845) for the period Saldo per 30 September 2017 1,742,400 (502,515) 24,357 23,195 387,008 (559,291) 340,202 65,000 3,997,055 (501) 5,516,910 Balance as of September 30, 2017 Lihat catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 4 -
PT. GAJAH TUNGGAL Tbk DAN ENTITAS ANAK PT. GAJAH TUNGGAL Tbk AND ITS SUBSIDIARIES LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS UNTUK PERIODE SEMBILAN BULAN YANG BERAKHIR FOR THE NINE-MONTHS PERIODS ENDED 30 SEPTEMBER 2017 DAN 2016 SEPTEMBER 30, 2017 AND 2016 Sembilan bulan Sembilan bulan Nine Months/ Nine Months/ 2017 2016 Rp'Juta/ Rp'Juta/ Rp'Million Rp'Million ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES Penerimaan kas dari pelanggan 11,078,876 10,185,763 Cash receipts from customers Pembayaran kas kepada pemasok dan karyawan (10,349,598) (8,655,154) Cash paid to suppliers and employees Kas dihasilkan dari operasi 729,278 1,530,609 Cash generated from operations Pembayaran bunga dan beban keuangan (743,578) (689,547) Interest and financing charges paid Penerimaan dari restitusi pajak 170,877 229,964 Tax restitution received Pembayaran pajak penghasilan (210,453) (132,429) Income tax paid Kas Bersih Diperoleh dari Aktivitas Operasi (53,876) 938,597 Net Cash Provided by Operating Activities ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES Pencairan investasi tersedia untuk dijual 386,213 49,877 Proceeds from sale of available for sale investment Penerimaan bunga 6,137 6,692 Interest received Proceeds from sale of property, plant Hasil penjualan aset tetap 2,433 19,556 and equipment Penempatan investasi tersedia untuk dijual - (70,585) Placements of available for sale investments Payment of advances for purchase of property, Pembayaran uang muka pembelian aset tetap (77,972) (68,199) plant and equipment Perolehan properti investasi - (384) Acquisitions of investment properties Perolehan aset tetap (342,245) (636,954) Acquisitions of property, plant and equipment Proceeds from accounts receivable from third Kenaikan piutang lain-lain kepada pihak ketiga (58,595) (90,200) parties Kas Bersih Digunakan untuk Aktivitas Investasi (84,029) (790,197) Net Cash Used in Investing Activities ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES Penerimaan dari utang bank 4,659,398 2,815,293 Proceeds from bank loans Penerimaan dari utang obligasi 3,335,000 - Proceeds from bonds payable Penerimaan dari pinjaman sindikasi 3,335,600 - Proceeds from Syndication loan Pembayaran biaya penerbitan obligasi Payment of issuance cost of bonds dan pinjaman sindikasi (421,285) - and syndicated loans Pembayaran liabilitas sewa pembiayaan (36,238) (34,237) Payment of Finance lease liabilities Pembayaran utang bank (4,193,873) (2,831,664) Payment of bank loan Pembayaran dividen tunai (18,198) - Payment of cash dividend Pembayaran utang obligasi (6,670,000) - Payment of bonds payable Kas Bersih Diperoleh dari Aktivitas Pendanaan (9,596) (50,608) Net Cash Provided by Financing Activities KENAIKAN (PENURUNAN) BERSIH KAS NET INCREASE (DECREASE) IN CASH AND DAN SETARA KAS (147,501) 97,792 CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT KAS DAN SETARA KAS AWAL TAHUN 755,545 641,916 BEGINNING OF YEAR Pengaruh perubahan kurs mata uang asing 4,611 (26,824) Effect of foreign exchange rate changes CASH AND CASH EQUIVALENTS AT KAS DAN SETARA KAS AKHIR PERIODE 612,655 712,884 END OF PERIOD Lihat catatan atas laporan keuangan konsolidasian yang merupakan bagian yang tidak terpisahkan dari laporan keuangan konsolidasian. See accompanying notes to consolidated financial statements which are an integral part of the consolidated financial statements. - 5 -