REPORT FINAL PT POLYCHEM INDONESIA Tbk

 0  1  65  2018-10-19 10:18:32 Report infringing document

PT. POLYCHEM INDONESIA Tbk DAN ANAK PERUSAHAAN/AND ITS SUBSIDIARIES

  POLYCHEM INDONESIA Tbk DAN ANAK PERUSAHAAN/AND ITS SUBSIDIARIES INFORMATIONUNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009/ FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009DAN LAPORAN AUDITOR INDEPENDEN/ AND INDEPENDENT AUDITORS’ REPORT PT. POLYCHEM INDONESIA Tbk DAN ANAK PERUSAHAAN DAFTAR ISIPT.

LAPORAN KEUANGAN KONSOLIDASI DAN INFORMASI TAMBAHAN/ CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY

  INFORMATIONUNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009/ FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009DAN LAPORAN AUDITOR INDEPENDEN/ AND INDEPENDENT AUDITORS’ REPORT PT. POLYCHEM INDONESIA Tbk DAN ANAK PERUSAHAAN DAFTAR ISIPT.

INFORMASI TAMBAHAN SUPPLEMENTARY INFORMATION

  which are an integral part of the consolidated financial statements. which are an integral part of the consolidated financial statements.

AND ITS SUBSIDIARIES LAPORAN PERUBAHAN EKUITAS KONSOLIDASICONSOLIDATED STATEMENTS OF CHANGES IN EQUITY UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009

FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009

  which are an integral part of the consolidated financial statements. 31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2010 AND 2009 AND FOR THE YEARS THEN ENDED 1.

a. Pendirian dan Informasi Umum

  In accordance with article 3 of theCompany's articles of association, the scope of its activities is to manufacture polyesterchips, polyester filaments, engineering plastic, engineering resin, ethylene glycol,polyester staple fiber and petrochemical and to engage in knitting, weaving and textilemanufacturing. Such consolidated financialstatements are not intended to present the consolidated financial position andconsolidated results of operations, changes in equity, and cash flows in accordance withaccounting principles and reporting practices generally accepted in othercountries and jurisdictions.

a. Penyajian Laporan Keuangan Konsolidasi

  The reporting currencyused in the preparation of the consolidated financial statements is the IndonesianRupiah, while the measurement basis used is the historical cost, except for certainaccounts which are measured on the bases described in the related accounting policies. The consolidated statements of cash flows are prepared using the direct method withclassifications of cash flows into operating, investing and financing activities.

b. Prinsip Konsolidasi

  The cost of the business combination is the aggregate of the fairvalue (at the date of exchange) of assets given, liabilities incurred or assumed, andequity instruments issued in exchange for control of the acquire, plus any costsdirectly attributable to the business combination. When the cost ofacquisition is less than the interest in the fair values of the identifiable assets andliabilities acquired as at the date of acquisition (i.e. discount on acquisition), thefair values of the acquired non-monetary assets are reduced proportionately until allthe excess is eliminated.

e. Transaksi Hubungan Istimewa

  5) companies in which a substantial interest in the voting power is owned,directly or indirectly, by any person described in (3) or (4) or over whichsuch a person is able to exercise significant influence. This includescompanies owned by commissioners, directors or major stockholders of theCompany and companies which have a common key member of managementas the Company.

f. Aset Keuangan

  Derecognition of financial assetsThe Company and its subsidiaries derecognise a financial asset only when thecontractual rights to the cash flows from the asset expire, or when it transfers thefinancial asset and substantially all the risks and rewards of ownership of the asset toanother entity. If the Company and its subsidiaries neither transfer nor retainsubstantially all the risks and rewards of ownership and continues to control thetransferred asset, the Company and its subsidiaries recognise its retained interest inthe asset and an associated liability for amounts it may have to pay.

g. Kewajiban Keuangan dan Instrumen Ekuitas

  Classification as debt or equityFinancial liabilities and equity instruments issued by the Company and its subsidiariesare classified according to the substance of the contractual arrangements entered intoand the definitions of a financial liability and an equity instrument. Any difference between the proceeds (net of transaction costs) and the settlement orredemption of borrowings is recognized over the term of the borrowings.

h. Penggunaan Estimasi

  Penyusunan laporan keuangan konsolidasi sesuai dengan prinsip akuntansi yangberlaku umum di Indonesia mengharuskan manajemen membuat estimasi dan asumsiyang mempengaruhi jumlah aset dan kewajiban yang dilaporkan danpengungkapan aset dan kewajiban kontinjensi pada tanggal laporan keuangankonsolidasi serta jumlah pendapatan dan beban selama periode pelaporan. Use of Estimates The preparation of consolidated financial statements in conformity with generalaccepted accounting principles requires management to make estimates andassumptions that affect the reported amounts of assets and liabilities anddisclosure of contingent assets and liabilities at the date of the consolidatedfinancial statements and the reported amounts of revenues and expenses duringthe reporting period.

i. Kas dan Setara Kas

  Change of Equity in Subsidiaries Changes in the value of investments due to changes in the equity of subsidiaries arisingfrom capital transactions of such subsidiaries with other parties arerecognized in equity as Difference Due toChange of Equity in Subsidiaries, and recognized as income or expenses in theperiod the investments are disposed of. For cash flow presentation purposes, cash and cash equivalents consist of cash onhand and in banks and all unrestricted investments with maturities of three monthsor less from the date of placement.

31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT (Lanjutan) AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER , 2010 AND 2009 AND FOR THE YEARS THEN ENDED (Continued) m. Aset Tetap

  Othercosts incurred subsequently to add to, replace part of, or service an item ofproperty, plant and equipment, are recognized as asset if, and only if it isprobable that future economic benefits associated with the item will flow to theentity and the cost of the item can be measured reliably. When assets are retiredor otherwise disposed of, their carrying values and the related accumulateddepreciation and any impairment loss are removed from the accounts and anyresulting gain or loss is reflected in the current operations.

31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT (Lanjutan) AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER , 2010 AND 2009 AND FOR THE YEARS THEN ENDED (Continued) n. Penurunan Nilai Aset Non Keuangan

  Where it is not possible to estimate the recoverable amount of an individualasset, the Company and its subsidiaries estimate the recoverable amount of the cashgenerating unit to which the asset belongs. A business segment is a distinguishable component of the Company that is engagedin providing product or service or a group of related products or services and that issubject to risks and returns that are different from those of other business segments.

31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT (Lanjutan) AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER , 2010 AND 2009 AND FOR THE YEARS THEN ENDED (Continued) 4

INVESTASI JANGKA PENDEK

  Based on the review of the financial condition of the related parties,management believes that the receivables are fully collectible, thus no allowance fordoubtful accounts was provided. Persediaan telah diasuransikan kepadaPT Asuransi Dayin Mitra Tbk terhadap risiko kebakaran, pencurian dan risiko lainnya denganjumlah pertanggungan sebesar US$ 41.550.000 pada tanggal Inventories of FS amounting to Rp 164,519,153 thousand in 2010 and Rp 124,444,917 thousandin 2009 are used as collateral for long-term bank loans (Note 13).

1 Januari/

  Perusahaan mencatat pembelian tanah seluas138.047 m Property, plant and equipment, excluding land, are insured with PT Asuransi Dayin Mitra Tbkagainst fire, natural disasters and other risks, with total coverage of Rp 1,040,000 thousand,EURO 97,000,000 and US$ 207,722,786 as ofDecember 31, 2010 and Rp 1,314,550 thousand,EURO 97,000,000 and US$ 156,096,397 as ofDecember 31, 2009. The Company andits subsidiaries’ management believe that there will be no difficulty in the extension and legalprocessing of the landrights since all the land were acquired legally and supported by sufficientevidence of ownership.

13. HUTANG BANK JANGKA PANJANG

  Selisih jumlah tercatat (pokok pinjaman The difference of US$ 1,835,441 between the ditambah hutang bunga) dengan jumlah hutang loan carrying amount (principal and accruedyang direstrukturisasi sebesar US$ 1.835.441 interest) and total restructured loan was disajikan sebagai premium atas hutang yang recognized as premium on restructured loandirestrukturisasi yang disajikan sebagai which was presented as an addition to the loan penambah hutang. The difference between the dengan nilai ekuitas SS sebelum transaksi Company’s interest in SS after the salepenjualan dicatat pada akun ini dan disajikan transaction and the carrying amount of the sebagai bagian dari ekuitas Perusahaan.

22. BEBAN POKOK PENJUALAN

  PAJAK PENGHASILAN Amortization of premium on debt(Catatan 13 dan 14) - (12.124.630) (Notes 13 and 14) 23. BEBAN USAHA Penjualan Beban bunga dan keuangan 69.245.149 48.609.313 Interest expense and financial chargesAmortisasi premium atas hutang yang direstrukturisasi 2010 2009Rp'000 Rp'000 24.

FS 8.476.782 (6.298.569) FS

31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT (Lanjutan) AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER , 2010 AND 2009 AND FOR THE YEARS THEN ENDED (Continued) Pajak Kini

Rekonsiliasi antara laba sebelum pajak menurut laporan laba rugi konsolidasi dengan laba fiskalPerusahaan adalah sebagai berikut: Current Tax A reconciliation between income before tax per consolidated statements of income and fiscalgain is as follows: 2010 2009 Rp'000 Rp'000Laba sebelum pajak menurut Income before tax per consolidated laporan laba rugi konsolidasi 63.946.042 74.848.973 statements of incomeRugi (laba) sebelum pajak anak Loss (income) before tax of perusahaan 68.463.102 (22.138.027) subsidiariesAmortisasi goodwill negatif (128.203) (128.203) Amortization of negative goodwillLaba sebelum pajak Perusahaan 132.280.941 52.582.743 Income before tax of the CompanyPerbedaan temporer Temporary differencePerbedaan penyusutan komersial Difference between commercial dan fiskal 57.538.550 45.170.408 and fiscal depreciationImbalan pasca kerja (41.228.093) 7.442.932 Post-employment benefitsPenambahan (pengurangan) Addition (deduction) allowance piutang ragu-ragu 397.358 (17.158.055) for doubtful accountsPenyisihan (realisasi) Provision (realized) allowance for penurunan nilai persediaan 2.497.258 (31.988.592) decline in value of inventoriesJumlah 19.205.073 3.466.693 TotalPerbedaan yang tidak dapat Nondeductible expenses diperhitungkan menurut fiskal: (nontaxable income): Penyusutan komersial yang Nondeductible commercial tidak diakui secara fiskal 2.701.679 5.365.161 depreciationKesejahteraan karyawan 199.767 688.503 Employee welfarePenghasilan bunga yang telah dikenakan pajak Interest income already subjected topenghasilan final (403.486) (2.790.092) final tax Denda pajak 4.721.013 6.429.576 Tax penaltyLain-lain 2.275.423 2.041.443 OthersJumlah 9.494.396 11.734.591 Total Laba fiskal Perusahaan sebelum Taxable income of the Company kompensasi rugi fiskal 160.980.410 67.784.027 before compensation of fiscal lossRugi fiskal tahun lalu - (26.219.413) Prior years' fiscal lossesLaba kena pajak 160.980.410 41.564.614 Taxable incomeBeban pajak kini - Perusahaan 40.245.102 11.638.091 Current tax expense - the CompanyDikurangi pembayaran pajak dibayar Less prepaid income tax dimuka Pajak penghasilanIncome tax Pasal 22 23.287.460 25.646.688 Article 22 Pasal 23 293.137 520.276 Article 23 Jumlah 23.580.597 26.166.964 Total Pajak penghasilan lebih (kurang) bayar Current prepaid (payable) tax Perusahaan (16.664.505) 14.528.873 The Company

31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT (Lanjutan) AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER , 2010 AND 2009 AND FOR THE YEARS THEN ENDED (Continued) Pajak Dibayar Dimuka

  Pada tanggal receivable, which constituted 3.18% andneraca, piutang atas penjualan tersebut 3.32% of the total assets as of dicatat sebagai bagian dari piutang usaha December 31, 2010 and 2009, respectivelyyang meliputi 3,18% dan 3,32% dari jumlah (Note 5).aset masing-masing pada tanggal 31 Desember 2010 dan 2009 (Catatan 5). Total salaries and benefits given to kepada komisaris dan direksi Perusahaan commissioners and directors of thepada tahun 2010 dan 2009 masing-masing Company in 2010 and 2009 amounted to sebesar Rp 14.063.827 ribu dan Rp 14,063,827 thousand and Rp 9,590,602Rp 9.560.602 ribu.

28. INFORMASI SEGMEN

  GOING CONCERN MATTERS Sejak Oktober 2006, Perusahaan telah Since October 2006, the Company deferred the menangguhkan pembayaran pokok dan bunga principal and interest payments on its Noteswesel bayar yang telah jatuh tempo (Catatan 14). These matters raise doubt about the menimbulkan kesangsian mengenai kemampuan ability of the Company and its subsidiaries toPerusahaan dan anak perusahaan untuk continue as a going concern.

31. INSTRUMEN KEUANGAN, MANAJEMEN

31. FINANCIAL INSTRUMENTS, FINANCIAL RISK RISIKO KEUANGAN DAN RISIKO MODAL AND CAPITAL RISK MANAGEMENT

a. Tujuan dan kebijakan manajemen risiko

  credit and liquidity risks. The Company and itsPerusahaan dan anak perusahaan beroperasi subsidiary operate within defined guidelines dengan pedoman yang telah ditentukan oleh that are approved by the Board of Director.

i. Manajemen risiko mata uang asing Foreign currency risk management

  Perusahaan dan anak perusahaan The Company and its subsidiary manage mengelola eksposur terhadap mata uang the foreign currency exposure byasing dengan mencocokkan, sebisa matching, as far as possible, receipts and mungkin, penerimaan dan pembayaran payments in each individual currency. Jumlah eksposur mata uang asing foreign currency exposure as of balancebersih Perusahaan dan anak perusahaan sheet is disclosed in Note 29.pada tanggal neraca diungkapkan dalam Catatan 29.

31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT (Lanjutan) PT. POLYCHEM INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER , 2010 AND 2009 AND FOR THE YEARS THEN ENDED (Continued) ii. Manajemen risiko tingkat bunga ii. Interest rate risk management

  Eksposur Perusahaan dan anak perusahaan dan counterparties dimonitorsecara terus menerus dan nilai agregat transaksi terkait tersebar di antara Credit risk refers to the risk that a counterparty will default on its contractualobligation resulting in a loss to the Company and its subsidiary. bunga atas arus kas (cash flow interest interest rate) dan terhadap risiko suku Pinjaman Perusahaan dan anak perusahaan terekspos terhadap risikosuku bunga atas nilai wajar (fair value The Company and its subsidiary are also exposed to changes in interest rate due tothe impact such changes may have on bank deposits and borrowings that carryfloating interest rate.

iii. Manajemen risiko kredit Credit risk management

  Perusahaan dan anak perusahaan The Company and its subsidiary maintain memelihara kecukupan dana untuk sufficient funds to finance its ongoingmembiayai kebutuhan modal kerja yang working capital requirements.berkelangsungan. Risiko likuiditas Perusahaan dan anak The liquidity risk of the Company and its perusahaan timbul terutama dari subsidiary are arises mainly from fundingpersyaratan pendanaan untuk membayar requirements to pay their liabilities and kewajiban dan mendukung kegiatan usaha.

b. Nilai wajar instrumen keuangan

  Long-term bank loans has carryingnilai tercatat sebesar Rp 243.093.811 ribu dan amount of Rp 243,093,811 thousand and fair nilai wajar sebesar Rp 244.681.500 ribu pada value of Rp 244,681,500 thousand attanggal 31 Desember 2010. Nilai wajar hutang bank jangka panjang Fair value of long-term bank loans was based didasarkan pada tingkat suku bunga pasar.on market rate.

32. REKLASIFIKASI AKUN

  POLYCHEM INDONESIA Tbk 31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT (Lanjutan) PT. POLYCHEM INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2010 AND 2009 AND FOR THE YEARS THEN ENDED (Continued) 33.

INTERPRETASI STANDAR AKUNTANSI KEUANGAN REVISI (PSAK DAN ISAK)

INTERPRETATIONS OF FINANCIAL ACCOUNTING STANDARDS (PSAK AND ISAK)

a. Standar yang berlaku efektif pada tahun berjalan

   PSAK 26 (revisi 2008), Biaya Pinjaman  PSAK50 (revisi 2006), Instrumen In the current year, the Company and its subsidiaries adopted the following revisedPSAKs which are effective for financial statements beginning on or after January 1,2010: PSAK 26 (revised 2008) requires borrowing costs that are directly attributable to theacquisition, construction, or production of qualifying asset to be capitalized as part ofthe cost of the asset. Additionally, this PSAK also changes the way the Company and its subsidiaries measurethe impairment loss of financial assets depending on the classification of the financialinstrument.

31 DESEMBER 2010 DAN 2009 SERTA UNTUK TAHUN-TAHUN YANG BERAKHIR PADA TANGGAL TERSEBUT (Lanjutan) PT. POLYCHEM INDONESIA Tbk AND ITS SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS DECEMBER , 2010 AND 2009 AND FOR THE YEARS THEN ENDED (Continued)

b. Standar dan interpretasi telah diterbitkan tapi belum diterapkan

  All non-owner changes in perubahan non-pemilik dalam ekuitas equity (i.e. comprehensive income) (contohnya pendapatan komprehensif) are required to be presented in one diminta untuk disajikan dalam satu statement of comprehensive income laporan pendapatan komprehensif atau or in two statements (a separate dalam dua laporan terpisah (laporan laba income statement and a statement of rugi dan laporan pendapatan comprehensive income). APPROVAL OF THE CONSOLIDATED KONSOLIDASI FINANCIAL STATEMENTS Laporan keuangan konsolidasi dari halamanThe consolidated financial statements on pages 3 3 sampai dengan 57 dan informasi tambahanto 57 and supplementary information on pages 58 dari halaman 58 sampai dengan 62 telahto 62 were approved and authorized for issue by disetujui oleh Direksi untuk diterbitkan padathe Directors on March 18, 2011.tanggal 18 Maret 2011.

INDUK PERUSAHAAN SAJA

OF CHANGES IN EQUITY*) UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2010 DAN 2009FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009

  3 restrukturisasi utang piutang Adjustment PPSAK No. POLYCHEM INDONESIA TbkPT.

Dokumen baru
Aktifitas terbaru
Penulis
123dok avatar

Berpartisipasi : 2018-05-17

Dokumen yang terkait

REPORT FINAL PT POLYCHEM INDONESIA Tbk

Gratis

Feedback