Pride and Excellence

Pride and Excellence 2013 annual report laporan tahunan

Sanggahan Laporan tahunan ini berisikan pernyataan-pernyataan kondisi keuangan, hasil operasi, proyeksi, rencana, strategi, kebijakan, serta tujuan Perusahaan, yang digolongkan sebagai pernyataan ke depan dalam pengertian Perundangundangan yang berlaku, kecuali hal-hal yang bersifat historis. Pernyataan tersebut bersifat prospektif yang memiliki risiko dan ketidakpastian serta dapat mengakibatkan perkembangan aktual secara material yang berbeda dari yang tertulis dalam pernyataan-pernyataan tersebut. Pernyataan prospektif dalam laporan tahunan ini dibuat berdasarkan berbagai asumsi mengenai kondisi terkini dan kondisi mendatang dari Perusahaan serta lingkungan bisnis dimana Perusahaan menjalankan kegiatan usaha. Perusahaan tidak menjamin bahwa segala tindakan yang telah diambil untuk memastikan keabsahan dokumen ini akan membawa hasil-hasil tertentu sesuai harapan. Laporan ini juga memuat kata TOTAL atau Perusahaan yang didefinisikan sebagai PT Total Bangun Persada Tbk yang menjalankan usaha dalam bidang konstruksi. Adakalanya kata Perseroan atau kami digunakan atas dasar kemudahan untuk menyebut PT Total Bangun Persada Tbk secara umum. Disclaimer This annual report encapsulates statements on financial conditions, operational output, projections, plans, strategies, policies, and the Company s objectives, which are categorized as future statements in terms of the applicable Regulations, except historical matters. This statement is a prospective statement that inherently contains risks and uncertainties that may affect actual developments in material matters which is different from what is stated in those said statements. This prospective statement in this annual report is prepared based on various assumptions on current and future conditions of the Company, as well as its business environment in which the Company operates. The Company does not guarantee that all actions taken to ensure the validity of this document will bring certain results as targeted. This report also contains the word TOTAL or the Company which is defined as PT Total Bangun Persada Tbk that operates in construction industry. At times, the word the Company or we is used to simply modify PT Total Bangun Persada Tbk in general.

Pride and Excellence in Construction Sebagai perusahaan jasa konstruksi gedunggedung bertingkat yang berkualitas dan prestisius, TOTAL berkomitmen untuk kepuasan pelanggan dengan menghasilkan kualitas kerja serta pelayanan yang prima. TOTAL senantiasa berkompetisi secara efektif di berbagai proyek bergengsi di Indonesia. Hal ini dibuktikan dengan portofolio proyek-proyek yang telah digarap yang terdiri dari proyekproyek bangunan tinggi, unik, berkualitas dan prestisius. As a construction service company for quality and prestigious high-rise buildings, TOTAL is committed to customer satisfaction by delivering quality works and service excellence. TOTAL continues to effectively compete for various prestigious projects in Indonesia. This is proven by our project portfolio, encompassing high-rise, unique, high quality, and prestigious building projects. PT Total Bangun Persada Tbk 2013 Annual Report 1

Daftar Isi Table of Contents KILAS KINERJA 2013 FLASHBACK PERFORMANCE OF 2013 10 Ikhtisar Keuangan dan Operasional Financial and Operational Highlights LAPORAN DEWAN KOMISARIS DAN DIREKSI BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS REPORT 16 Laporan Dewan Komisaris Board of Commissioners Report 24 Laporan Direksi Board of Directors Report 32 In Memoriam: Ir. Komajaya Pendiri dan Presiden Komisaris PT Total Bangun Persada Tbk Founder dan President Commissioner of PT Total Bangun Persada Tbk 3430 Surat Pernyataan Anggota Dewan Komisaris dan Direksi Tentang Tanggung Jawab atas Laporan Tahunan 2013 PT Total Bangun Persada Tbk Statement to the Members of the Board of Commissioners and the Board of Directors, with regard to Responsibility for the 2013 Annual Report of PT Total Bangun Persada Tbk PROFIL PERUSAHAAN COMPANY PROFILE 38 Sekilas Total Bangun Persada Total Bangun Persada in Brief 39 Riwayat Singkat Perusahaan Brief History of the Company 46 Bidang Usaha Line of Business 46 Kegiatan Usaha Business Activities 47 Produk dan Jasa Products and Services 49 Karakteristik Usaha Business Characteristics 50 Pengembangan Usaha Business Development 54 Strategi Strategy 55 Jejak Langkah Milestone 56 Peristiwa Penting Tahun 2013 Significant Events in 2013 60 Testimoni Karyawan Employee Testimonies 62 Struktur Organisasi Organization Structure 64 Visi, Misi, dan Nilai-Nilai Perusahaan Vision, Mission, and Corporate Values 66 Profil Dewan Komisaris Board of Commissioners Profile 69 Profil Direksi Board of Directors Profile 76 Assisten Direktur, Dept. Head & Project Manager Assistant Directors, Dept. Head & Project Manager 80 Sumber Daya Manusia Human Resources 82 Profil SDM HR Profile 83 Konsep m-total m-total Concept 87 Human Resources Information System Human Resources Information System 88 Pengukuran Kepuasan Karyawan Employee Satisfaction Appraisal 89 Rekrutmen dan Pengembangan Karir Recruitment and Career Development 90 Pengembangan SDM HR Development 94 Kompensasi dan Benefit Compensations and Benefits 98 Komposisi Pemegang Saham Shareholders Composition 100 Daftar Anak Perusahaan Lists of Subsidiaries 106 Kronologi Pencatatan Saham Stock Listing Chronology 107 Lembaga Profesi Penunjang Perusahaan Capital Market Supporting Institution 108 Penghargaan dan Sertifikasi Awards and Certifications pendukung bisnis business Support 112 Penyempurnaan dan Inovasi Proses Bisnis Untuk Peningkatan Kinerja Organisasi Improvement and Innovation of Business Process for a Streamlined Organization 112 Gambaran Umum Overview 113 Garis Besar Proses Metodologi Process Outline Methodology 114 Output Improvement Output Improvement 117 Output Innovation Output Innovation 119 Rencana Kedepan Future Plans 120 Bangunan dan Konstruksi Hijau Green Building and Green Construction 120 Bangunan Hijau Green Building 123 Kontruksi Hijau Green Construction 128 Kualitas, Efisiensi, dan Inovasi Quality, Efficiency, and Innovation 128 Kualitas Quality 130 Efisiensi Efficiency 130 Inovasi Innovation 133 Teknologi Informasi Information Technology 134 Pengembangan dan Implementasi Sistem TI IT System Development and Implementation 135 Pelatihan Dan Pengembangan SDM TI Trainings and Development Programs for IT Human Resources 2 PT Total Bangun Persada Tbk Laporan Tahunan 2013

135 Rencana Ke Depan Pengembangan TI Future Plans of IT Development 136 Total Construction Institute Total Construction Institute 136 Membangun SDM Unggul Building Excellent Human Resources 137 Program Pelatihan Training Program 137 Tenaga Pengajar Instructor 138 Pelatihan di Tahun 2013 Training in 2013 139 Proyeksi 2014 Projection 2014 Analisis dan Pembahasan MANAJEMEN MANAGEMENT DISCUSSION AND ANALYSIS 142 Tinjauan Umum Overview 144 Tinjauan Operasi Per Segmen Usaha Operational Overview Per Business Segment 144 Segmen Usaha Jasa Konstruksi Business Segment of Construction Service 145 Segmen Usaha Lainnya Other Business Segments 146 Pendapatan Usaha Operating Revenue 146 Profitabilitas Profitability 147 Analisis Dan Pembahasan Kinerja Keuangan Financial Discussion And Analysis 147 Laporan Posisi Keuangan Financial Position Report 147 Total Aset Total Assets 152 Total Liabilitas Total Liabilities 154 Ekuitas Equity 156 Laporan Laba Rugi Income Statement 156 Pendapatan Usaha Operating Revenue 157 Beban Pokok Pendapatan Cost of Revenues 158 Total Laba Rugi Komprehensif Total Comprehensive Income 160 Laporan Arus Kas Cash Flow Statement 160 Kas Bersih dari Aktivitas Operasi Cash from Operating Activities 160 Kas Bersih dari Aktivitas Investasi Cash from Investment Activities 160 Kas Bersih dan Aktivitas Pendanaan Cash from Financing Activities 161 Laporan Perubahan Ekuitas Konsolidasi Consolidated Statements of Changes in Equity 162 Kemampuan Membayar Hutang dan Tingkat Kolektibilitas Piutang Solvency And Receivable Collectability 162 Tingkat Likuiditas Perusahaan The Company s Liquidity Level 163 Struktur Permodalan Perusahaan Dan Kebijakan Manajemen Atas Struktur Modal Capital Commitments And Management Policy of Capital Structure 163 Struktur Modal Capital Structure 163 Kebijakan Manajemen Atas Struktur Modal Management Policy of Capital Structure 163 Ikatan Material Investasi Barang Modal Capital Commitments 164 Perbandingan Antara Target dan Realisasi Comparison Between Targets and Realizations 164 Peningkatan atau Penurunan yang Material dari Penjualan atau Pendapatan Bersih Material Increase Or Decrease From Sale Or Net Revenue 164 Informasi Keuangan Yang Mengandung Kejadian Yang Bersifat Luar Biasa Financial Information Concerning Extraordinary and Rare Events 165 Komponen-Komponen Substansial dari Pendapatan atau Beban Lainnya Substantial Components from Other Income or Expenses 165 Dampak Perubahan Harga Terhadap Penjualan atau Pendapatan Bersih Impact of Price Changes on Net Sales or Income 165 Informasi dan Fakta Material Setelah Tanggal Neraca Subsequent Events 165 Aspek Pemasaran Marketing Aspect 165 Visi Pemasaran TOTAL TOTAL s Marketing Vision 166 Peranan SDM Pemasaran HR Marketing Roles 166 Strategi Pemasaran Marketing Strategy 168 Pangsa Pasar Market Share 168 Rencana dan Strategi ke Depan Future Plans and Strategies 170 Kendala yang Dihadapi Challenges Encountered 171 Kebijakan Dividen Dividend Policy 172 Pembagian Dividen Dividend Distribution 173 Realisasi Dana Hasil Penawaran Umum Fund Realization From Public Offering 173 Informasi Material Mengenai Investasi, Ekspansi, Divestasi, Akuisisi, Atau Restrukturisasi Modal Material Information Of Capital Investment, Expansion, Divestment, Acquistion, Or Capital Restructuring 172 Informasi Transaksi Material Yang Mengandung Benturan Kepentingan Dengan Pihak Afiliasi Information Of Material Transactions With Conflict Of Interest And/ Or Transactions With Affiliated Parties 174 Perubahan Peraturan Perundang-Undangan Changes of Regulations 174 Kebijakan Akuntansi Accounting Policy 176 Prospek Usaha Business Outlook PT Total Bangun Persada Tbk 2013 Annual Report 3

TATA KELOLA PERUSAHAAN GOOD CORPORATE GOVERNANCE 180 Gambaran Umum Overview 182 Kebijakan GCG GCG Policies 186 Implementasi Praktik Gcg Implementation Of Gcg Practice 186 Landasan Hukum Legal Basis 189 Sosialisasi, Implementasi, dan Evaluasi GCG 2013 Dissemination of GCG Implementation and Evaluation in 2013 190 Implementasi GCG di Masa Mendatang GCG Implementation in the Future 190 Struktur Tata Kelola Perusahaan Structure Of Good Corporate Governance 191 Rapat Umum Pemegang Saham Annual General Meeting 194 Dewan Komisaris Board of Commissioners 195 Pengangkatan dan Pemberhentian Dewan Komisaris Appointment and Dismissal of the Board of Commissioners 195 Susunan Dewan Komisaris Composition of the Board of Commissioners 196 Uraian Tugas dan Tanggung Jawab Dewan Komisaris Description of Roles and Responsibilities of the Board of Commissioners 197 Frekuensi Pertemuan dan Tingkat Kehadiran Dewan Komisaris dalam Pertemuan Frequency and Attendance of the Board of Commissioners 198 Pengungkapan Mengenai Board Charter (Pedoman dan Tata Tertib Kerja Dewan Komisaris) Disclosure of Board Charter (Guidelines and Work Regulation of the Board of Commissioners) 198 Direksi Board of Directors 199 Ruang Lingkup dan Tanggung Jawab Masing-masing Direksi Scope of Works and Responsibilities of Each Director 200 Komposisi Direksi Composition of the Board of Directors 201 Frekuensi Pertemuan Rapat Direksi Frequency of Board of Directors Meetings 201 Pengungkapan Pedoman dan Tata Tertib Kerja Direksi Disclosure of Board Charter (Guidelines and Work Regulation of the Board of Directors) 202 Assesment Terhadap Anggota Dewan Komisaris Dan Direksi Assessment On Members Of The Board Of Commissioners And The Board Of Directors 202 Proses Pelaksanaan Assessment dan Pihak yang Melakukan Assessment Assessment Process and Assessor 202 Kriteria dan Indikator Assessment Kinerja Dewan Komisaris dan Direksi Criteria and Indicator of Performance Assessment of the Board of Commissioners and the Board of Directors 203 Program Pelatihan Dalam Rangka Meningkatkan Kompetensi Dewan Komisaris Dan Direksi Training Program For The Improvement Of The Board Of Commissioners And Directors Competency 203 Program Peningkatan Kapabilitas Dewan Komisaris Training Program For the Improvement of the Board of Commissioners Capability 204 Program Peningkatan Kapabilitas Direksi The Board of Directors Capability Improvement Program 206 Assessment Terhadap Gcg Perusahaan Assessment On The Company s Gcg 206 Indikator Assessment GCG GCG Assessment Indicator 208 Pelaksanaan Tugas Dewan Komisaris Dan Direksi Tahun 2013 Duty Implementation Of The Board Of Commissioners And The Board Of Directors In 2013 208 Rapat Gabungan Joint Meeting 210 Kebijakan Remunerasi Dewan Komisaris Dan Direksi Remuneration Policy Of Board Of Commissioners And Board Of Directors 210 Prosedur Penetapan Remunerasi Procedure to Determine Remuneration 210 Indikator Kinerja Performance Indicator 211 Struktur Remunerasi yang Menunjukkan Komponen Remunerasi dan Jumlah Nominal per Komponen untuk Setiap Anggota Dewan Komisaris dan Direksi Remuneration Structure Showing Components of Remuneration and the Amount per Component for Each Member of the Board of Commissioners and Directors 211 Informasi Pemegang Saham Utama Dan Pengendali Information Of Majority And Controlling Shareholders 212 Hubungan Afiliasi Affiliation 213 Laporan Komite Audit Audit Committee Report 214 Susunan Keanggotaan Komite Audit Composition of Audit Committee Members 214 Independensi Komite Audit Independence of Audit Committee 214 Tugas, Tanggung Jawab dan Wewenang Komite Audit Roles, Responsibilities, and Authorities of Audit Committee 217 Laporan singkat pelaksanaan tugas dan kegiatan Komite Audit tahun 2013 Summary Report of Audit Committee s Activities in 2013 218 Frekuensi Rapat dan Tabel Kehadiran Komite Audit Meeting and Attendance of Audit Committee 218 Profil Komite Audit Audit Committee Profile 220 Laporan Komite Nominasi Dan Remunerasi Nomination And Remuneration Committee Report 220 Susunan Keanggotaan Komite Nominasi dan Remunerasi Structure of Nomination and Remuneration Committee 220 Profil Komite Nominasi dan Remunerasi Profiles of members of Nomination and Remuneration Committee 220 Tugas dan Tanggung Jawab Komite Nominasi dan Remunerasi Roles and Responsibilities of Nomination and Remuneration Committee 222 Pelaksanaan Komite Nominasi dan Remunerasi tahun 2013 Activities of Nomination & Remuneration Committee in 2013 222 Frekuensi Rapat dan Kehadiran Komite Nominasi dan Remunerasi Meeting and Attendance of Nomination and Remuneration Committee 4 PT Total Bangun Persada Tbk Laporan Tahunan 2013

223 Laporan Komite Pengembangan Usaha Business Development Committee Report 224 Susunan Anggota Komite Pengembangan Usaha Business Development Committee Structure 224 Profil Komite Pengembangan Usaha Business Development Committee Profile 224 Tugas dan Tanggung jawab Komite Pengembangan Usaha Roles and Responsibilities of Business Development Committee 226 Pelaksanaan Tugas Komite Pengembangan Usaha Duty Implementation of Business Development Committee 226 Frekuensi Rapat dan Tingkat Kehadiran Komite Pengembangan Usaha Meeting and Attendance of Business Development Committee 227 Sekretaris Perusahaan Corporate Secretary 227 Profil Sekretaris Perusahaan Corporate Secretary Profile 227 Tugas Sekretaris Perusahaan Roles of Corporate Secretary 229 Pelaksanaan Tugas Sekretaris Perusahaan Tahun 2013 Duty Implementation of Corporate Secretary in 2013 230 Unit Audit Internal Internal Audit Unit 231 Visi dan Misi Unit Audit Internal Vision and Mission of Internal Audit Unit 232 Struktur dan Kedudukan Unit Audit Internal Structure and Organization of Internal Audit Unit 232 Tugas dan Tanggung Jawab Unit Audit Internal Duties and Responsibilities of Internal Audit Unit 233 Independensi dan Objektivitas Unit Audit Internal Independency and Objectivity of Internal Audit Unit 233 Pengembangan Sumber Daya Manusia Unit Audit Internal Human Resources Development of the Internal Audit Unit 234 Uraian Pelaksanaan Kegiatan Unit Audit Internal Description of the Internal Audit Unit Activity s Implementation 235 Profil Kepala Unit Audit Internal Profile of Internal Audit Unit 236 Akuntan Publik Public Accountant 237 Manajemen Risiko Risk Management 237 Sistem Manajemen Risiko Risk Management System 239 Evaluasi atas Sistem Manajemen Risiko Evaluation of Risk Management System 240 Jenis Risiko dan Pengelolaanya Type of Risk and its Management 244 Sistem Pengendalian Intern Internal Control System 245 Sistem Pengendalian Operasional dan Keuangan Financial and Operational Control System 247 Evaluasi Terhadap Efektivitas Sistem Pengendalian Internal Evaluation of Effectiveness of Internal Control System 248 Pengadaan Barang Dan Jasa Procurement Of Goods And Services 249 Perubahan Peraturan Perundang-undangan Changes In Regulations 249 Kasus Litigasi dan Perkara Penting Litigation and Affair of Interest 250 Permasalahan Hukum Legal Case 250 Pakta Integritas Integrity Pact 251 Kepatuhan Pajak Compliance To Tax 251 Akses Informasi Information Access 252 Kebijakan Anti-Korupsi Compliance To Anti-Corruption 254 Kode Etik Code Of Conduct 261 Sistem Pelaporan Pelanggaran Whistleblowing System Tanggung Jawab Sosial Perusahaan Corporate Social Responsibility 266 Tujuan Csr Perusahaan Objective Of The Company s Csr 267 Implementasi Dan Biaya Program Csr Perusahaan Implementation And Cost Of The Company s Csr Programs 269 Tanggung Jawab Sosial Perusahaan Dalam Bidang Lingkungan Hidup Corporate Social Responsibility In Environment 271 Tanggung Jawab Sosial Perusahaan Dalam Bidang Pengembangan Sosial Keagamaan Corporate Social Responsibility In Development Of Religious Activities 272 Tanggung Jawab Sosial Perusahaan Dalam Bidang Tanggung Jawab Kepada Konsumen Corporate Social Responsibility In Responsibility To Customers 273 Pengembangan Program Tanggung Jawab Sosial Perusahaan Pada Masa Mendatang Csr Development Program In The Future Ketenagakerjaan, Keselamatan, dan Kesehatan Kerja Manpower, Occupational Health and Safety 278 Ketenagakerjaan Manpower 281 Keselamatan Dan Kesehatan Kerja Occupational Health And Safety Laporan Keuangan Financial Report REFERENSI BAPEPAM-LK BAPEPAM-LK REFERENCE PT Total Bangun Persada Tbk 2013 Annual Report 5

2013 Financial Performance Summary Pencapaian laba bersih terus menunjukkan tren peningkatan yang konsisten karena kami terus melakukan berbagai inovasi di lapangan yang berdampak pada peningkatan laba usaha. Net income has been showing a consistent increasing trend due to our continuous efforts in creating various innovations at construction sites resulting to an increasing operating income 2,287 Pendapatan Revenue Dalam Rp triliun In Rp trillion 2,287 24.72% 1,569 1,834 2011 2012 2013 Laba Bersih Net Income 125 176 194 Dalam Rp miliar In Rp billion 194 10.61% 2011 2012 2013 2,226 Jumlah Aset Total Assets 1,897 2,064 Dalam Rp triliun In Rp trillion 2,226 7.87% 2011 2012 2013 Strategi pemasaran yang tepat memegang peranan yang sangat penting dalam memenangkan persaingan. Appropriate marketing strategies play a very important role in winning the competition. 819 Jumlah Ekuitas Total Equity Dalam Rp miliar In Rp billion 819 16.03% 674 706 2011 2012 2013 Kas dan Setara Kas Cash and Cash Equivalents Dalam Rp miliar In Rp billion 548-21.39% 661 698 548 2011 2012 2013 6 PT Total Bangun Persada Tbk Laporan Tahunan 2013

Strong Operations Results Imbal Hasil Ekuitas di tahun 2013 Return On Equity (ROE) in 2013 25,8 % Imbal Hasil Aset di tahun 2013 Return On Assets (ROA) in 2013 8,7 % Persentase Pelanggan Berulang 2013 Percentage of Repeat Customers in 2013 74 % 2013 Pelanggan Berulang Repeat Customers Pelanggan Baru New Customers 74% 26% 2012 Pelanggan Berulang Repeat Customers Pelanggan Baru New Customers 74% 26% Persentase Pelanggan Swasta 2013 Percentage of Private Customers in 2013 86 % 2013 Swasta Private Pemerintah Government 86% 14% 2012 Swasta Private Pemerintah Government 83% 17% Persentase Proyek di Jawa-Bali 2013 Percentage of Projects in Java-Bali in 2013 76 % 2013 2012 Jawa-Bali Java-Bali Kalimantan Sulawesi Sumatera Lainnya Others Jawa-Bali Java-Bali Kalimantan Sulawesi Sumatera Lainnya Others 76% 11% 2% 7% 4% 70% 16% 1% 6% 7% PT Total Bangun Persada Tbk 2013 Annual Report 7

KILAS KINERJA 2013 FLASHBACK PERFORMANCE of 2013

Ikhtisar Keuangan dan Operasional Financial and Operational Highlights LAPORAN RUGI LABA Profit and Loss Statement Dalam jutaan Rupiah In million Rupiah Uraian / Description 2013 2012 2011 Pendapatan Usaha / Revenues 2.287.323 1.833.934 1.569.453 Laba Kotor / Gross Profit 431.994 348.549 244.244 Laba Proyek Kerjasama Operasi / Income from Joint Operation 8.530 758 8.742 Laba Kotor Setelah Proyek Kerjasama Operasi / Gross Profit after Income from Joint Operation 440.524 349.307 252.986 Beban Operasional / Operating Expenses (190.434) (161.400) (114.396) Laba Operasional / Income from Operations 250.090 187.906 138.590 Pendapatan / (Beban) Non-Operasional / Non-Operating Income (Expenses) 39.987 53.042 33.645 Laba Sebelum Pajak / Income before Tax 290.077 240.948 172.235 Beban Pajak Penghasilan / Income Tax Expense (76.908) (59.230) (48.721) Laba Tahun Berjalan / Income for the Year 213.169 181.718 123.514 Jumlah Laba Tahun berjalan yang Dapat Diatribusikan Kepada: / Total Income for the Year that can be Attributed to: Pemilik Entitas Induk / Owners of Parent Entity 194.291 175.661 124.837 Kepentingan Non-Pengendali / Non Controlling Interest 18.878 6.057 (1.323) Jumlah Saham yang Beredar / Outstanding Shares 3.410.000.000 3.410.000.000 3.410.000.000 Laba / (Rugi) bersih per saham (dalam Rp penuh) / Net Income per Share (in full Rp) 56.98 51.51 36.61 NERACA Balance Sheet Uraian / Description 2013 2012 2011 Jumlah Aset Lancar / Total Current Assets 1.936.126 1.784.022 1.605.217 Kas & Setara Kas / Cash & Cash Equivalents 548.424 697.686 661.096 Jumlah Aset tidak Lancar / Total Non Current Assests 290.292 280.047 292.201 Jumlah Aset / Total Assets 2.226.418 2.064.069 1.897.418 Jumlah Liabilitas Jangka Pendek / Total Current Liabilities 1.225.647 1.235.301 1.143.440 Jumlah Liabilitas Jangka Panjang / Total Long Term Liabilities 181.781 122.931 80.260 Jumlah Liabilitas / Total Liabilities 1.407.428 1.358.232 1.223.700 Ekuitas Pemilik Entitas Induk / Owners of Parent Entity's Equity 753.130 658.854 633.233 Ekuitas Kepentingan Non-Pengendali / Non-Controlling Interest's Equity 65.860 46.983 40.485 Jumlah Ekuitas / Total Equity 818.990 705.837 673.718 Modal Kerja Bersih / Net Working Capital 710.479 548.721 461.777 Jumlah Investasi / Total Investment 29.297 23.585 34.678 10 PT Total Bangun Persada Tbk Laporan Tahunan 2013

Ikhtisar Keuangan dan Operasional Financial and Operational Highlights PENDAPATAN USAHA Revenues Rp miliar / Rp billion LABA BERSIH Net Income Rp miliar / Rp billion JUMLAH ASET Total Assets Rp miliar / Rp billion JUMLAH EKUITAS Total Equity Rp miliar / Rp billion 1,569 1,834 2,287 125 176 194 1,897 2,064 2,226 633 659 753 2011 2012 2013 2011 2012 2013 2011 2012 2013 2011 2012 2013 RASIO KEUANGAN (%) Financial Ratios (%) Uraian / Description 2013 2012 2011 Laba Usaha terhadap Pendapatan Usaha / Income from Operations to Revenue 10,93 10,25 8,83 Laba Bersih terhadap Pendapatan Usaha / Net Income to Revenue 8,49 9,58 7,95 Laba Usaha terhadap Ekuitas / Operating Profit to Equity 33,21 28,52 21,89 Laba Bersih terhadap Ekuitas / Net Income to Equity (ROE) 25,80 26,66 19,71 Laba Usaha terhadap Jumlah Aset / Income from Operations to Total Assets 11,23 9,10 7,30 Laba Bersih terhadap Jumlah Aset / Net Income to Total Assets (ROA) 8,73 8,51 6,58 Aset Lancar terhadap Liabilitas Jangka Pendek / Current Assets to Current Liabilities 157,97 144,42 140,38 Liabilitas Jangka Panjang terhadap Ekuitas / Long Term Liabilities to Equity 24,14 18,66 12,67 Jumlah Liabilitas terhadap Ekuitas / Total Liabilities to Total Equity 186,88 206,15 193,25 Jumlah Liabilitas terhadap Jumlah Aset / Total Liabilities to Total Assets 63,21 65,80 64,49 RASIO PERTUMBUHAN (%) Growth Ratios (%) Pendapatan Usaha / Revenues 24,72 16,85 1,84 Laba Usaha / Operating Profit 33,09 35,58 36,86 Laba Bersih / Net Income 10,61 40,71 54,55 Jumlah Aset / Total Assets Jumlah Ekuitas / Total Equity 7,87 8,78 19,38 14,31 4,05 13,40 PT Total Bangun Persada Tbk 2013 Annual Report 11

Ikhtisar Keuangan dan Operasional Financial and Operational Highlights KINERJA SAHAM 2013 2013 Share Performance (Rp/share) 1.800 1.400 Harga Saham TOTAL TOTAL Share Price Volume ('000.000 shares) 80 70 1.200 60 1.000 50 800 40 600 30 400 20 200 10 0 Jan '13 Feb '13 Mar '13 Apr '13 Mei '13 Jun '13 Jul '13 Agt '13 Sep '13 Okt '13 Nov '13 Des '13 0 HARGA DAN VOLUME SAHAM PER TRIWULAN di BEI Quarterly Share Price and Volume at IDX 2013 2012 Tertinggi Highest (Rp) Terendah Lowest (Rp) Penutupan Closing (Rp) Volume rata 2 Average Volume Tertinggi Highest (Rp) Terendah Lowest (Rp) Penutupan Closing (Rp) Volume rata 2 Average Volume Triwulan 1 1st Quarter Triwulan 2 2nd Quarter Triwulan 3 3rd Quarter Triwulan 4 4th Quarter 1.150 830 1.030 10.865.711 495 280 495 7.661.921 1.700 960 1.180 15.253.231 600 445 490 9.947.218 1.260 550 780 11.315.856 580 485 580 3.294.320 850 500 500 6.779.939 980 600 900 9.971.817 12 PT Total Bangun Persada Tbk Laporan Tahunan 2013

Ikhtisar Keuangan dan Operasional Financial and Operational Highlights KAPITALISASI PASAR Market Capitalization Dalam miliar Rupiah In billion Rupiah 3.500 3.000 2.500 2.000 1.500 1.000 500 1 Jan 1 Feb 1 Mar 1 Apr 1 Mei 1 Jun 1 Jul 1 Agt 1 Sep 1 Okt 1 Nov 1 Des Market Cap. 2013 Market Cap. 2012 Jumlah saham beredar di 2012: 3.410.000.000 lembar Total outstanding shares in 2012 : 3,410,000,000 shares Jumlah saham beredar di 2013: 3.410.000.000 lembar Total outstanding shares in 2013 : 3,410,000,000 shares Kebijakan Dividen Perusahaan Company's Dividend Policy Uraian / Description 2013 2012 2011 Presentase Laba Bersih Tahun sebelumnya yang dibagikan sebagai dividen (dalam Rp miliar) Percentage of Previous Year's Net Income Distributed as Dividend (in Rp billion) Jumlah Deviden yang Didistribusikan (dalam Rp miliar) Amount of Distributed Dividends (in Rp billion) Nilai Dividen per Saham (Rp) Par Value (Rp) Jumlah Saham yang Berhak Atas Dividen (dalam miliar) No. of Shares Eligible for Dividends (in billion) 56,93 120,19 62,00 100,00 150,04 50,02 29,33 44,00 14,67 3,41 3,41 3,41 PT Total Bangun Persada Tbk 2013 Annual Report 13

laporan dewan komisaris dan direksi board of commissioners and board of directors report

Laporan Dewan Komisaris Board of Commissioners Report Ir. Reyno Stephanus Adhiputranto Presiden Komisaris dan Komisaris Independen / President Commissioner and Independent Commissioner Kami yakin dengan kebijakan dan keputusan yang telah dirumuskan Direksi, TOTAL akan meraih pertumbuhan kesuksesan. With strategic policies and decisions set by the Board of Directors, we are confident that TOTAL can embrace its robust growth. 16 PT Total Bangun Persada Tbk Laporan Tahunan 2013

Laporan Dewan Komisaris Board of Commissioners Report PENDAPATAN USAHA Revenues Dalam Rp triliun In Rp trillion 1,569 1,834 2,287 2,287 2011 2012 2013 24,72% Salam m-total, m-total Regards, Melalui laporan tahunan ini, Dewan Komisaris menyampaikan beberapa keunggulan dan pencapaian penting di tahun 2013, kinerja GCG dan CSR Perusahaan, serta prospek usaha TOTAL di masa mendatang yang kian cemerlang. Presenting this annual report, the Board of Commissioners announce the Company s tremendous achievement throughout 2013, including our GCG and CSR performance, as well as TOTAL s buoyant future business outlook. Dewan Komisaris telah melakukan tugas dan tanggung jawab dalam melakukan pengawasan kinerja Perusahaan sesuai dengan Anggaran Dasar Perusahaan yang termanifestasi ke dalam berbagai kegiatan selama tahun 2013. Pengawasan dilakukan untuk mencapai target yang telah ditentukan dan meningkatkan kinerja Perusahaan setiap tahun. Kami akan terus memastikan agar implementasi Good Corporate Governance (GCG), pelaksanaan Corporate Social Responsibility (CSR) dan pengembangan Sumber Daya Manusia (SDM) dapat terlaksana dengan baik. The Board of Commissioners has carried out its duties and responsibilities in overseeing the Company according to the Articles of Association under which many activities were implemented during 2013. The supervisory function is performed to achieve the Company s defined target and improve performance over the years. We will consistently ensure the implementation of Good Corporate Governance, Corporate Social Responsibility and Human Resources Development. Seluruh upaya pengawasan Dewan Komisaris merupakan konsekuensi atas kesadaran bahwa dunia konstruksi harus dihadapi dengan tekun, hati-hati dan bijaksana. Kami yakin dengan kebijakan dan keputusan yang telah dirumuskan Direksi, TOTAL akan meraih pertumbuhan kesuksesan. All supervisory activities of the Board of Commissioners signal their commitment to always meet the challenges of the construction business with persistence, prudence and discernment. With strategic policies and decisions set by the Board of Directors, we are confident that TOTAL can embrace its robust growth. PT Total Bangun Persada Tbk 2013 Annual Report 17

Laporan Dewan Komisaris Board of Commissioners Report TOTAL secara konsisten berfokus pada kualitas dan menempatkannya sebagai dasar dari segala kegiatan usaha Perusahaan. Kami menilai pentingnya arti kualitas ditanamkan di dalam diri para staf melalui berbagai pelatihan yang mencakup tidak hanya kompetensi inti namun juga keahlian khusus untuk proyek-proyek tertentu. Pada saat yang sama kualitas merupakan faktor utama dalam aktifitas Perusahaan dengan menerapkan standar internasional dan ISO. TOTAL has consistently focused on quality and implemented it as a foundation of all the Company s business operations. We see that quality awareness must be instilled in all our employees through various training tailored to enhance their core competency and specific skills for certain projects. Quality is our vital foundation to implement ISO and international standards in all of our business practices. PENILAIAN ATAS KINERJA DIREKSI Dewan Komisaris menilai bahwa kinerja Direksi dalam pengelolaan Perusahaan telah memenuhi semua indikator kinerja penting di tahun 2013. Hal ini menunjukkan bahwa pengelolaan Perusahaan oleh Direksi berada pada jalur yang tepat sehingga dapat menjaga kesuksesan yang telah diraih sebelumnya. ASSESSMENT OF BOARD OF DIRECTORS PERFORMANCE The Board of Commissioners views that the Company s management by the Board of Directors has met all key standards set for 2013. This is a testament of the Board of Directors success in governing the Company on the right track, enabling us to safeguard our enduring success. Bagi kami, Direksi telah melakukan pertumbuhan kinerja yang direfleksikan dengan kualitas pengelolaan Perusahaan yang lebih baik. Hal ini tercermin dalam kebijakan dan keputusan yang ditempuh manajemen dalam menghadapi tantangan bisnis konstruksi, prospek ekonomi dalam negeri, serta perubahan kebijakan Pemerintah yang diantisipasi dengan bijak dan hati-hati. Looking at the Company s impressive quality management, we see that the Board of Directors has shown improved performance. This is reflected in the policies and decisions made by the management to deal with the construction business challenges, domestic economic outlook and changes in government regulations that have been prudently anticipated. Pertumbuhan TOTAL ditunjukkan dengan pencapaian kinerja keuangan yang melebihi target seperti pendapatan yang mencapai Rp2,3 triliun di tahun 2013, meningkat 24,7% dari pendapatan tahun 2012 sebesar Rp1,8 triliun sehingga menambah aset Perusahaan menjadi sebesar Rp2,2 triliun di tahun 2013 atau mengalami peningkatan sebesar 7,8% dibandingkan dengan tahun sebelumnya yang tercatat sebesar Rp2,1 triliun. TOTAL s growth is shown by the financial achievement where we have surpassed our target revenue of Rp2.3 trillion in 2013; an increase of 24.7% from 2012 at Rp1.8 trillion. This figure contributes to the Company s asset at Rp2.2 trillion in 2013, growing by 7.8% compared to the previous year s position of Rp2.1 trillion. Bagi Dewan Komisaris, kemajuan tersebut tidak hanya hasil dari kerja keras Dewan Komisaris semata namun juga usaha Direksi khususnya dan seluruh manusia TOTAL (m-total) pada umumnya. Dewan Komisaris sebagai pengawas pelaksanaan program kerja Perusahaan senantiasa mendukung semua kebijakan yang bertujuan memajukan TOTAL. The Board of Commissioners and the Board of Directors, together with TOTAL people (m-total), have forged links to deliver this exhilarating result. As our responsibility to oversee the implementation of the Company s work program, the Board of Commissioners will continuously promote all policies to bolster the growth of the Company. 18 PT Total Bangun Persada Tbk Laporan Tahunan 2013