PT. INDO-RAMA SYNTHETICS Tbk DAN ENTITAS ANAK/ AND ITS SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN/ CONSOLIDATED FINANCIAL STATEMENTS UNTUK PERIODE YANG BERAKHIR TANGGAL 30 JUNI 2016 (TIDAK DIAUDIT) DAN UNTUK TAHUN YANG BERAKHIR TANGGAL 31 DESEMBER 2015 (DIAUDIT) SERTA PERIODE YANG BERAKHIR TANGGAL 30 JUNI 2015 (TIDAK DIAUDIT) FOR THE PERIOD ENDED JUNE 30, 2016 (UNAUDITED) AND THE YEAR ENDED DECEMBER 31, 2015 (AUDITED) AND THE PERIOD ENDED JUNE 30, 2015 (UNAUDITED)
PT. INDO-RAMA SYNTHETICS Tbk DAN ENTITAS ANAK DAFTAR ISI PT. INDO-RAMA SYNTHETICS Tbk AND ITS SUBSIDIARIES TABLE OF CONTENTS Halaman/ Pages SURAT PERNYATAAN DIREKSI LAPORAN KEUANGAN KONSOLIDASIAN - Pada tanggal 30 Juni 2016 (Tidak Diaudit) dan 31 Desember 2015 (Diaudit) serta tanggal 30 Juni 2015 (Tidak Diaudit) DIRECTORS STATEMENT LETTER CONSOLIDATED FINANCIAL STATEMENTS - As of June 30, 2016 (Unaudited) and December 31, 2015 (Audited) and June 30, 2015 (Unaudited) Laporan Posisi Keuangan Konsolidasian 1 Consolidated Statements of Financial Position Laporan Laba Rugi Komprehensif Konsolidasian 3 Consolidated Statements of 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. INDO-RAMA SYNTHETICS Tbk DAN ENTITAS ANAK PT. INDO-RAMA SYNTHETICS Tbk AND ITS SUBSIDIARIES LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 30 Juni 2016 DAN 31 DESEMBER 2015 June 30, 2016 AND December 31, 2015 30 Juni / 31 Desember/ Catatan/ June 30 December 31, Notes 2016 2015 US$ US$ ASET ASSETS ASET LANCAR CURRENT ASSETS Kas dan setara kas 5 37,513,907 25,884,307 Cash and cash equivalents Aset keuangan lainnya 6,42 5,997,418 5,363,496 Other financial assets Piutang usaha 7 Trade accounts receivable Pihak berelasi 39 11,578,080 1,782,525 Related parties Pihak ketiga 61,650,394 72,449,978 Third parties Piutang lain-lain 8 Other accounts receivable Pihak berelasi 39 115,615 12,818 Related parties Pihak ketiga 3,514,231 2,990,943 Third parties Persediaan 9 132,234,461 135,767,968 Inventories Uang muka pembelian 10 7,680,968 6,009,703 Purchase advances Pajak dibayar dimuka 11,36 41,715,447 42,157,354 Prepaid taxes Biaya dibayar dimuka 12 2,507,261 1,857,280 Prepaid expenses Jumlah Aset Lancar 304,507,782 294,276,372 Total Current Assets ASET TIDAK LANCAR NONCURRENT ASSETS Investasi pada entitas asosiasi 13 45,615,218 35,085,334 Investments in associates Aset keuangan lainnya 6,42 375,298 - Other financial assets Aset tetap - setelah dikurangi Property, plant and equipment - akumulasi penyusutan net of accumulated depreciation of US$ 621,974,771 pada 30 Juni 2016 US$ 621,974,771 at June 30, 2016, US$ 608.893.069 pada 31 Desember 2015 14 507,877,808 467,862,394 US$ 608,893,069 at December 31, 2015 Advances for purchases of property, Uang muka pembelian aset tetap 15 776,943 5,380,456 plant and equipment Uang jaminan 16 2,261,554 2,246,740 Guarantee deposits Jumlah Aset Tidak Lancar 556,906,821 510,574,924 Total Noncurrent Assets JUMLAH ASET 861,414,603 804,851,296 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 par of the consolidated financial statements 1
PT. INDO-RAMA SYNTHETICS Tbk DAN ENTITAS ANAK PT. INDO-RAMA SYNTHETICS Tbk AND ITS SUBSIDIARIES LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 30 Juni 2016 DAN 31 DESEMBER 2015-Lanjutan June 30, 2016 AND December 31, 2015-Continued LIABILITAS DAN EKUITAS 30 Juni/ 31 Desember/ Catatan/ June 30/ December 31, Notes 2016 2015 US$ US$ LIABILITIES AND EQUITY LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Utang usaha 17 Trade accounts payable Pihak berelasi 39 27,066,197 18,684,533 Related parties Pihak ketiga 162,806,269 169,118,595 Third parties Utang lain-lain 18 Other accounts payable Pihak berelasi 39-28,157 Related parties Pihak ketiga 2,224,972 2,975,691 Third parties Utang pajak 19,36 898,396 525,155 Taxes payable Biaya masih harus dibayar 20 7,393,500 7,699,002 Accrued expenses Utang bank jangka pendek 21 53,769,850 46,597,852 Short-term bank loans Utang jangka panjang yang jatuh tempo dalam satu tahun Current maturities of long-term liabilities Bank 21 10,886,813 7,487,579 Bank Sewa pembiayaan 22 2,197,976 2,196,568 Finance lease Liabilitas derivatif 42 540,743 2,084,661 Derivative liabilities Jumlah Liabilitas Jangka Pendek 267,784,716 257,397,793 Total Current Liabilities LIABILITAS JANGKA PANJANG NONCURRENT LIABILITIES Utang jangka panjang - setelah dikurangi bagian yang jatuh tempo Long-term liabilities - net of current dalam satu tahun maturities Bank 21 271,464,428 227,449,994 Bank Sewa pembiayaan 22 1,107,673 2,206,848 Finance lease Pendapatan ditangguhkan 23 1,148,658 1,190,324 Deferred revenue Liabilitas pajak tangguhan - bersih 36 7,577,796 7,009,615 Deferred tax liabilities - net Liabilitas imbalan pasca kerja 38 13,673,340 11,894,745 Employment benefits obligations Liabilitas derivatif jangka panjang 42 3,364 862,689 Long term derivative liabilities Jumlah Liabilitas Jangka Panjang 294,975,259 250,614,215 Total Noncurrent Liabilities Jumlah Liabilitas 562,759,975 508,012,008 Total Liabilities EKUITAS EQUITY Modal saham - nilai nominal Rp 500 Capital stock - Rp 500 par value per saham per share Modal dasar - 1.000.000.000 saham Authorized - 1,000,000,000 shares Modal ditempatkan dan disetor Subscribed, issued and paid-up - 654.351.707 saham 24 160,217,573 160,217,573 654,351,707 shares Tambahan modal disetor 25 (14,713,079) (14,713,079) Additional paid-in capita Komponen ekuitas lainnya 26 15,132,149 13,627,071 Other components of equity Penghasilan komprehensif lain 27 954,492 954,492 Other comprehensive income Saldo laba Retained earnings Ditentukan penggunaannya 37 17,475 16,475 Appropriated Tidak ditentukan penggunaannya 132,816,830 132,628,730 Unappropriated Selisih transaksi ekuitas dengan Difference in value of equity transaction pihak nonpengendal 1b (463,040) (463,040) with non-controlling interest Ekuitas yang diatribusikan kepada Equity attributable to owners pemilik Perusahaan 293,962,400 292,268,222 of the Company Kepentingan nonpengendali 28 4,692,228 4,571,066 Non-controlling interests Jumlah Ekuitas 298,654,628 296,839,288 Total Equity JUMLAH LIABILITAS DAN EKUITAS 861,414,603 804,851,296 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 par of the consolidated financial statements 2
PT. INDO-RAMA SYNTHETICS Tbk DAN ENTITAS ANAK PT. INDO-RAMA SYNTHETICS Tbk AND ITS SUBSIDIARIES LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND LAIN KONSOLIDASIAN OTHER COMPREHENSIVE INCOME UNTUK TAHUN-TAHUN YANG BERAKHIR 30 JUNI 2016 DAN 30 JUNI 2015 FOR THE YEARS ENDED JUNE 30, 2016 AND JUNE 30, 2015 30 Juni/ 30 Juni/ June 30, Catatan/ June 30, 2016 Notes 2015 *) US$ US$ PENJUALAN BERSIH 336,139,610 29,39,41 350,951,372 NET SALES BEBAN POKOK PENJUALAN 306,286,132 30 317,522,981 COST OF GOODS SOLD LABA KOTOR 29,853,478 33,428,391 GROSS PROFIT Beban penjualan (13,858,354) 31 (15,626,468) Selling expenses Beban umum dan administrasi (7,321,877) 32 (8,190,119) General and administrative expenses Bagian rugi bersih entitas asosiasi (2,885,892) 13 (4,024,302) Equity in net loss of associates Keuntungan ( Kerugian ) kurs mata uang asing - bersi 454,055 42 (2,537,256) Gain ( Loss ) on foreign exchange - net Beban keuangan (5,743,063) 33 (1,595,360) Finance cost Penghasilan investasi 66,647 34 183,274 Investment income Keuntungan lain-lain - bersih 313,449 35 1,552,092 Other gains - net LABA SEBELUM PAJAK 878,443 3,190,252 INCOME BEFORE TAX BEBAN PAJAK - BERSIH (568,181) 36 (1,782,531) INCOME TAX EXPENSE - NET LABA TAHUN BERJALAN 310,262 1,407,721 INCOME FOR THE YEAR PENDAPATAN KOMPREHENSIF LAIN: Pos-pos yang tidak akan direklasifikasi ke laba rugi: Cadangan 1,505,078 27 - Reserve OTHER COMPREHENSIVE INCOME Items that will not be reclassified subsequently to profit or loss: Jumlah penghasilan komprehensif lain setelah pajak 1,505,078 - Total other comprehensive income, net of tax JUMLAH LABA KOMPREHENSIF TOTAL COMPREHENSIVE INCOME TAHUN BERJALAN 1,815,340 1,407,721 FOR THE YEAR LABA YANG DAPAT DIATRIBUSIKAN KEPADA: PROFIT ATTRIBUTABLE TO: Pemilik Entitas Induk 189,100 1,224,980 Owners of the Company Kepentingan Nonpengendali 121,162 28 182,741 Non-controlling interests Laba bersih tahun berjalan 310,262 1,407,721 Net income for the year JUMLAH LABA KOMPREHENSIF TOTAL COMPREHENSIVE INCOME YANG DAPAT DIATRIBUSIKAN KEPADA: ATTRIBUTABLE TO : Pemilik Entitas Induk 1,694,178 1,224,980 Owners of the Company Kepentingan Nonpengendali 121,162 182,741 Non-controlling interests Jumlah Laba Rugi Komprehensif 1,815,340 1,407,721 Total comprehensive income Laba Per Saham Dasar 0.0006 43 0.0037 Basic Earnings Per Share *) Disajikan kembali (Catatan 49) *) As restated (Notes 49) 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. INDO-RAMA SYNTHETICS Tbk DAN ENTITAS ANAK PT. INDO-RAMA SYNTHETICS Tbk AND ITS SUBSIDIARIES LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY UNTUK PERIODE-PERIODE YANG BERAKHIR 30 JUNI 2016 ( TIDAK DIAUDIT ) DAN 30 JUNI 2015 ( TIDAK DIAUDIT ) FOR THE PERIODS ENDED JUNE 30, 2016 ( UNAUDITED )AND JUNE 30, 2015 ( UNAUDITED ) Penghasilan komprehensif lain/ Other comprehensive income Selisih transaksi Bagian atas ekuitas dengan revaluasi pihak non aset entitas Pengukuran kembali pengendali/ Diatribusikan Tambahan modal Ekuitas asosiasi/ atas program Difference kepada pemilik disetor/ penggabungan Komponen ekuitas Share in the imbalan pasti/ Saldo Laba/Retained Earnings in value of equity Perusahaan/ Kepentingan Non Modal Disetor/ Additional usaha/ lainnya/ revaluation Remeasurement of Ditentukan Tidak Ditentukan transaction with Equity attributable Pengendali/ Catatan/ Paid-up Paid-in Merging entity Other component of of assets of defined benefit Penggunaannya/ Penggunaannya/ non-controlling to owners of Non-controlling Jumlah Ekuitas/ Notes Capital Capital equity equity an associate obligation Appropriated Unappropriated interest the Company interest Total Equity US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ US$ Saldo per 1 Januari 2015 160,217,573 916,682 13,423,814 10,403,000 3,519,821 (2,559,551) 15,475 121,997,711 (377,904) 307,556,621 4,215,567 311,772,188 Balance as of January 1, 2015 Laba bersih tahun berjalan*) 28 - - - - - - - 1,224,980-1,224,980 182,7.41 1,407,721 Profit for the year*) Jumlah Laba Rugi Komprehensif - - - - - - - 1,224,980-1,224,980 182,741 1,407,721 Total Comprehensive Income Cadangan Umum 37 - - - - - - 1,000 (1,000) - - - - Appropriation for general reserve Penambahan ekuitas dari entitas Additional equity of entities diakuisisi pada tahun 2015*) 1b - - (1,456,413) - - - - 1,456,413 - - - - acquired in 2015*) Saldo per 30 Juni 2015 *) 160,217,573 916,682 11,967,401 10,403,000 3,519,821 (2,559,551) 15,475 124,679,104 (377,904) 308,781,601 4,398,308 313,179,909 Balance as of June 30, 2015 *) Saldo per 1 Januari 2016 160,217,573 (14,713,079) - 13,627,071 3,519,821 (2,565,329) 16,475 132,628,730 (463,040) 292,268,222 4,571,066 296,839,288 Balance as of January 1, 2016 Laba bersih tahun berjalan 28 - - - - - - - 189,100-189,100 121,162 310,262 Profit for the year Penghasilan Komprehensif Lain Other Comprehensive Income Cdangan Investasi 27 - - - 1,505,078 - - - - - 1,505,078-1,505,078 Reserve on investment Jumlah Laba Rugi Komprehensif - - - 1,505,078 - - - 189,100-1,694,178 121,162 1,815,340 Total Comprehensive Income Cadangan Umum 37 - - - - - - 1,000 (1,000) - - - - Appropriation for general reserve Saldo per 30 Juni 2016 160,217,573 (14,713,079) - 15,132,149 3,519,821 (2,565,329) 17,475 132,816,830 (463,040) 293,962,400 4,692,228 298,654,628 Balance as of June 30, 2016 *) Disajikan kembali (Catatan 49) *) As restated (Notes 49) 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. INDO-RAMA SYNTHETICS Tbk DAN ENTITAS ANAK PT. INDO-RAMA SYNTHETICS Tbk AND ITS SUBSIDIARIES LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED 30 JUNI 2016 DAN 30 JUNI 2015 JUNE 30, 2016 AND JUNE 30, 2015 30 Juni/ 30 Juni/ June 30, June 30, 2016 2015*) US$ US$ ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES Penerimaan kas dari pelanggan 337,143,639 363,251,208 Cash received from customers Pembayaran kas kepada: Cash paid to: Pemasok, pemasok jasa dan lain-lain (269,553,093) (322,615,250) Suppliers, service vendors and others Direksi dan karyawan (29,561,591) (28,988,551) Directors and employees Kas dihasilkan dari operasi 38,028,955 11,647,407 Cash generated from operations Pengembalian pajak 953,909 7,988,294 Taxes refund Lain-lain - bersih (2,370,036) (1,047,569) Others - net Kas Bersih Diperoleh dari Net Cash Provided by Operating Aktivitas Operasi 36,612,828 18,588,132 Activities ARUS KAS DARI AKTIVITAS INVESTASI CASH FLOWS FROM INVESTING ACTIVITIES Penerimaan bersih investasi sementara 99,632 - Proceeds from temporary investments Hasil penjualan aset tetap 947,628 243,823 Proceeds from sale of property, plant and equipment Penerimaan bunga 66,647 179,671 Interest received Perolehan aset tetap (60,316,523) (29,990,640) Acquisitions of property, plant and equipment Perolehan investasi pada entitas asosiasi (13,415,775) (11,249,599) Additional investment in an associate Kas Bersih Digunakan untuk Aktivitas Investasi (72,618,391) (40,816,745) Net Cash Used in Investing Activities ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES Penerimaan pinjaman jangka panjang 98,968,827 25,000,000 Proceeds from long-term loans Pembayaran utang jangka panjang (51,688,780) (2,351,929) Payments of long term loan Penerimaan pinjaman jangka pendek 76,862,698 38,986,700 Proceeds from short-term loans Pembayaran utang jangka pendek (69,690,700) (30,606,753) Payments of short term loan Pembayaran utang sewa (1,099,166) (4,219,093) Payments of lease liabilities Pembayaran bunga (5,852,735) (1,404,208) Interest paid Kas Bersih Diperoleh dari Aktivitas Pendanaan 47,500,144 25,404,717 Net Cash Provided by Financing Activities KENAIKAN BERSIH KAS DAN NET INCREASE IN CASH AND SETARA KAS 11,494,581 3,176,104 CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING KAS DAN SETARA KAS AWAL TAHUN 25,884,307 11,264,831 OF YEAR Pengaruh perubahan kurs valuta asing 135,019 (77,840) Effect of foreign exchange rate changes KAS DAN SETARA KAS AKHIR TAHUN 37,513,907 14,363,095 CASH AND CASH EQUIVALENTS AT END OF YEAR *) Disajikan kembali (Catatan 49) *) As restated (Notes 49) 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