326.65 Kb - file type : pdf Laporan Auditor Independen 2011

: 26 Maret 2012/ March 26, 2012: 33/JSA-HO/LAI-SCF/III/2012/JS.1.1

Tanggal/ DatedNomor/ Number

DENGAN / WITH

LAPORAN AUDITOR INDEPENDEN

INDEPENDENT AUDITORS’ REPORT

FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010

UNTUK TAHUN YANG BERAKHIR PADA TANGGAL-TANGGAL

PT SUCOFINDO (PERSERO) DAN ENTITAS ANAK/SUBSIDIARIES

LAPORAN KEUANGAN KONSOLIDASIAN

CONSOLIDATED FINANCIAL STATEMENTS

31 DESEMBER 2011 DAN 2010

Joachim Sulistyo & Rekan Registered Public Accountants

A member of The Leading Edge Alliance, A world-wide organization of accounting firms and business advisers

LAPORAN AUDITOR INDEPENDENINDEPENDENT AUDITOR'S REPORT

LAPORAN KEUANGAN KONSOLIDASIANTHE CONSOLIDATED FINANCIAL STATEMENTS

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN

Halaman / Page

1-2

3

4

5

6-69

NOTES TO THE CONSOLIDATED FINANCIAL

STATEMENTS

Laporan Laba Rugi Komprehensif Konsolidasian untuk Tahun

yang Berakhir Tanggal-tanggal 31 Desember 2011 dan 2010

The Consolidated Statements of Comprehensive Income

For The Year Ended December 31, 2011 and 2010

Laporan Perubahan Ekuitas Konsolidasian untuk Tahun yang

Berakhir Tanggal-tanggal 31 Desember 2011 dan 2010

The Consolidated Statements of Changes In Equity for

The Years Ended December 31, 2011 and 2010

Laporan Arus Kas Konsolidasian untuk Tahun yang Berakhir

Tanggal-tanggal 31 Desember 2011 dan 2010

The Consolidated Statements of Cash Flows for The

Years Ended December 31, 2011 and 2010

CATATAN ATAS LAPORAN KEUANGAN

KONSOLIDASIAN

LAPORAN KEUANGAN KONSOLIDASIAN THE CONSOLIDATED FINANCIAL STATEMENTSPT SUCOFINDO (PERSERO) DAN ENTITAS ANAK PT SUCOFINDO (PERSERO) AND SUBSIDIARIES

Laporan Posisi Keuangan Konsolidasian per 31 Desember

2011 dan 2010

The Consolidated Statements of Financial Position as of

December 31, 2011 and 2010

DAFTAR ISI TABLE OF CONTENTS

SURAT PERNYATAAN DIREKSI BOARD OF DIRECTORS' STATEMENT

LAPORAN AUDITOR INDEPENDEN INDEPENDENT AUDITORS’ REPORT

PT SUCOFINDO (PERSERO) DAN ENTITAS ANAK PT SUCOFINDO (PERSERO) AND SUBSIDIARIES

LAPORAN POSISI KEUANGAN KONSOLIDASIAN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

Per 31 Desember 2011 dan 2010 As of December 31, 2011 and 2010

31 December 2011 Catatan/ 31 December 2010

(Rp) Notes (Rp)

ASET ASSETS

ASET LANCAR CURRENT ASSETS

Kas dan Setara Kas 232,600,179,484 2.d,2.f,3 90,942,342,236 Cash and Cash Equivalents

Piutang Usaha - Neto Account Receivable - Netto

210,175,074,969 2.g,4 180,435,510,168 Pendapatan Akan Diterima 117,239,112,426 5 74,421,988,481 Accrued IncomePiutang Lain-lain 2.g,6 Other Receivables

24,184,329,895 17,714,455,842 Related PartiesPihak Ketiga 10,390,369,368 3,284,774,401 Third Parties

Uang Muka Kerja 10,819,108,865 7 11,081,609,666 AdvancesPersediaan 18,299,265,857 2.h,8 18,577,788,605 InventoriesBiaya Dibayar Dimuka 10,914,811,019 2.c,9 11,814,940,526 Prepaid PurchasesUang Muka Pajak 48,858,314,978 2.o,10.a 56,438,407,142 Prepaid Tax

Total Aset Lancar 683,480,566,860 464,711,817,067 Total Current Assets

Aset Pajak Tangguhan 30,841,102,687 2.o,10.e 23,742,617,059 Deferred Tax Assets

Penyertaan dan Kerjasama Operasi 2,072,192,224 2.i,11 2,072,192,224 Investments and Joint Operations

ASET TIDAK LANCAR NON CURRENT ASSETSAset Tetap 217,742,760,002 2.j,12 220,279,198,409 Fixed Assets

ASET LAIN-LAIN OTHER ASSETS

Aset Lainnya 63,405,634,764 2.k, 13 50,653,326,287 Other Assets

Total Aset Tidak Lancar 314,061,689,678 296,747,333,979 Total Non Current Assets

997,542,256,538 761,459,151,046

ASET ASSETS

(Setelah dikurangi akumulasipenyusutan per 31 Desember 2011 dan2010 masing-masing sebesarRp389.056.617.429 danRp339.970.173.367)

(After deducted by accumulateddepreciation as of December 31, 2011 and 2010 amounting toRp389,056,617,429 danRp339,970,173,367 respectively)

(Setelah dikurangi penyisihan piutangtak tertagih per 31 Desember 2011dan 2010 masing-masing sebesarRp39.949.332.072 danRp34.094.847.737)

(Less allowance for doubtful accountsas of Decembers 31, 2011 and 2010Rp39,949,332,072 danRp34,094,847,737 respectively).

Pihak Berelasi

TOTAL ASET TOTAL ASSETS

Catatan atas Laporan Keuangan Konsolidasian Merupakan The Accompanying Notes are an Integral Parts of The ConsolidatedBagian Tidak Terpisahkan dari Laporan Keuangan Secara Keseluruhan of Financial Statements Taken as a Whole

1

PT SUCOFINDO (PERSERO) DAN ENTITAS ANAK PT SUCOFINDO (PERSERO) AND SUBSIDIARIES

LAPORAN POSISI KEUANGAN KONSOLIDASIAN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

Per 31 Desember 2011 dan 2010 As of December 31, 2011 and 2010

31 December 2011 Catatan/ 31 December 2010(Rp) Notes (Rp)

LIABILITAS LIABILITIES

LIABILITAS JANGKA PENDEK SHORT-TERM LIABILITIESUtang Usaha 59,240,878,926 2.c,2.d,14 55,207,118,319 Accounts PayablesPinjaman Bank - Kredit Modal Kerja 68,778,185,000 15 43,682,097,177 Short therm - Working CapitalPinjaman Bank - Kredit Investasi 6,250,000,000 15 - Short therm - InvestmentUang Muka Penjualan 27,719,952,634 16 21,119,837,837 Pendapatan Diterima Dimuka 5,132,919,862 17 5,967,095,007 Biaya yang Masih Harus Dibayar 142,881,476,311 18 63,123,319,600 Accrued ExpensesUtang Pajak 27,269,455,308 2.o,10.b 10,822,424,745 Tax PayablesPremi Asuransi THT/JHT Accrued Premi Insurance

Yang Masih harus Dibayar 11,503,075,076 20 15,035,535,130 THT/JHTUtang Lainnya 2,161,472,435 2.n,19 1,937,327,682 Other Liabilities

Total Liabilitas Jangka Pendek 350,937,415,552 216,894,755,497 Total Short-Term Liabilities

LIABILITAS JANGKA PANJANG LONG TERM LIABILITIESPinjaman Bank 6,182,097,177 - Bank LoansImbalan Pasca Kerja 95,710,768,275 2.m,20 60,793,068,537 Employee Benefit ObligationUtang Jangka Panjang Lainnya 3,891,739,077 21 3,634,445,392 Other Long - Term Liabilities

Total Liabilitas Jangka Panjang 105,784,604,529 64,427,513,929 Total Long-Term Liabilities

EKUITAS EQUITIESModal Saham Capital Stock

300,000,000,000 1.d,23 300,000,000,000 Difference Arising from

369,028,789 24 369,028,789 Transaction Resulting in Changes inThe Equity of a Subsidiary

Kepentingan Nonpengendali 371,426,759 22 765,154,429 Non-Controlling Interest Cadangan 175,787,734,696 25 138,815,652,128 ReserveLaba Tahun Berjalan 64,292,046,213 40,187,046,274 Net Income - Current Year

Total Ekuitas 540,820,236,456 480,136,881,620 Total Equity

997,542,256,538 761,459,151,046

Catatan atas Laporan Keuangan Merupakan The Accompanying Notes are an Integral Parts of The ConsolidatedBagian Tidak Terpisahkan dari Laporan Keuangan Secara Keseluruhan of Financial Statements Taken as a Whole

Advances Sales

(Modal dasar 300.000 saham Per 31Desember 2011 dan 2010 dengan nilainominal saham Rp1.000.000 per sahamdan telah ditempatkan dan disetorpenuh 240.000 saham)

Statutory capital for 300.000 shares asof December 31, 2011 dan 2010 withnominal value at Rp1,000,000 pershare. Paid in Capital for 240,000shares.

Unearned Revenues

TOTAL LIABILITAS DAN EKUITAS TOTAL LIABILITIES AND EQUITIES

Selisih Transaksi Perubahan Ekuitas Entitas Anak

LAIBILITAS DAN EKUITAS LIABILITY AND EQUITIES

2

PT SUCOFINDO (PERSERO) DAN ENTITAS ANAK PT SUCOFINDO (PERSERO) AND SUBSIDIARIESLAPORAN LABA RUGI KOMPREHENSIF KONSOLIDASIAN THE CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOMEUntuk Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2011 dan 2010 For the Years Ended as December 31, 2011 and 2010

31 December 2011 Catatan/ 31 December 2010(Rp) Notes (Rp)

PENDAPATAN OPERASI 1,420,955,816,966 2.n,26 1,148,206,808,984 OPERATING INCOME

BEBAN OPERASI 2.n COST OF OPERATING

Biaya Operasi Langsung (941,616,775,698) 27 (764,894,362,440) Direct Operating Costs

Biaya Operasi Tidak Langsung (128,586,730,363) 28 (116,416,728,965) Indirect Operating Costs

350,752,310,905 266,895,717,579

LABA KEGIATAN PROFIT

KERJASAMA OPERASI 58,659,749,394 2i,29 53,815,018,532 JOINT OPERATIONS

LABA KOTOR SETELAH KEGIATAN PROFIT AFTER

KERJASAMA OPERASI 409,412,060,299 320,710,736,111 JOINT OPERATIONS

BEBAN USAHA 2.b,30 OPERATING EXPENSES

Beban Pemasaran (23,821,495,034) (15,606,890,081) Marketing Expenses

Beban Umum dan Administrasi (270,904,839,700) (205,124,356,145) General and Administrative Expenses

Beban Pengembangan (6,128,264,799) (9,634,923,114) Development Expenses

Total Beban Usaha (300,854,599,533) (230,366,169,340) Total Operating Expenses

108,557,460,766 90,344,566,771

PENDAPATAN (BEBAN) LAIN-LAIN 5,945,985,415 2.b,31 (19,819,112,234) OTHERT INCOME (EXPENSES)

LABA SEBELUM BEBAN BUNGA DAN PAJAK 114,503,446,181 70,525,454,537 INCOME BEFORE INTEREST AND TAX

Beban Bunga Pinjaman (6,585,774,715) (8,479,106,054) Interest Expenses

107,917,671,466 62,046,348,483 INCOME BEFORE TAX AND MINORITY

TAKSIRAN PAJAK PENGHASILAN Estimated Income Tax

Beban Pajak Penghasilan Kini (40,788,117,385) 2.n,17.c (21,034,304,846) Current Tax

Manfaat (Beban) Pajak Tangguhan 7,098,485,626 2.n,17.c (678,721,101) Deferred Tax

Laba Tahun Berjalan

74,228,039,707 40,333,322,536

PENDAPATAN KOMPREHENSIF LAIN: OTHER COMPREHENSIVE INCOME:

Untung (Rugi) Aktuarial Profit (loss) from Defined Benefit Pension

dari Pensiun Manfaat Pasti (10,166,394,416) -

Kepentingan Nonpengendali 230,400,921 (146,276,266)

(9,935,993,495) (146,276,266) Total Other Comprehensive

64,292,046,213 40,187,046,270

LABA KOTOR GROSS PROFIT

LABA USAHA OPERATING INCOME

LABA NETO SEBELUM PAJAK PENGHASILAN

Catatan atas Laporan Keuangan Merupakan The Accompanying Notes are an Integral Parts of The Consolidated

Bagian Tidak Terpisahkan dari Laporan Keuangan Secara Keseluruhan of Financial Statements Taken as a Whole

LABA NETO

Operations

NET INCOME

Plan Actuarial

Non Controlling Interest

dari Operasi yang Dilanjutkan

Current Income of Continued

Total Komprehensif Lain

3

PT SUCOFINDO (PERSERO) DAN ANAK PERUSAHAAN PT SUCOFINDO (Persero) AND SUBSIDIARIES

LAPORAN PERUBAHAN EKUITAS KONSOLIDATED THE CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

Untuk Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2011 dan 2010 For The Year Ended December 31, 2011 and 2010

Catatan/ Modal Selisih Transaksi Kepentingan Saldo Laba (Rugi) Total

Notes Ditempatkan dan Perubahan Ekuitas Nonpengendali/ Bertujuan/ Umum/ Belum Ditentukan Ekuitas/Equities

Disetor/ Anak Perusahaan/ Non Controlling Appropriated General Penggunaannya/

(Capital Stock) Difference arising from Interest Unappropriated

transaction resulting in Retained Earnings

changes in the equity of

a subsidiary

(Rp) (Rp) (Rp) (Rp) (Rp) (Rp) (Rp)

Saldo Per 31 Desember 2009 300,000,000,000 - - - 104,792,493,686 42,003,899,315 446,796,393,001 Balance as of December 31, 2009

Difference Arising from Transaction Resulting

Selisih Perubahan Ekuitas Anak Perusahaan - 369,028,789 - - - - 369,028,789 in Changes in The Equity of Subsidiary

Kepentingan Nonpengendali 765,154,429 765,154,429 Non-Controlling Interest

Pembayaran Dividen - - - - - (6,300,584,897) (6,300,584,897) Dividen Cash

Pembayaran Tantiem dan Gratifikasi - - - - - - - Tantiem and Bonuses

Penyisihan Saldo Laba untuk Cadangan Umum - - - - 34,023,158,442 (34,023,158,442) - Appropriation for General Reserves

Bina Lingkungan - - - - - (1,680,155,972) (1,680,155,972) Program for Environmental Development

Laba Neto - 2010 - - - - - 40,187,046,270 40,187,046,270 Net Income - 2010

Saldo Per 31 Desember 2010 300,000,000,000 369,028,789 765,154,429 - 138,815,652,128 40,187,046,274 480,136,881,620 Balance as of December 31, 2010

Kepentingan Nonpengendali 22 (393,727,670) - - - (393,727,670) Non-Controlling Interest

Entitas Anak Difference Arising from Transaction Resulting

Selisih Perubahan Ekuitas 24 - - - - - - - in Changes in The Equity of Subsidiary

Pembayaran Dividen 25 - - - - - (2,009,352,318) (2,009,352,318) Dividen Cash

Pembayaran Tantiem dan Gratifikasi 25 - - - - - - - Tantiem and Bonuses

Penyisihan Saldo Laba untuk Cadangan Umum 25 - - - - - - - Appropriation for General Reserves

Kemitraan 25 - - - - - (401,870,463) (401,870,463) Partnership

Bina Lingkungan 25 - - - - - (803,740,925) (803,740,925) Program for Environmental Development

Penyisihan Saldo Laba untuk Cadangan Umum 25 - - - - 36,972,082,568 (36,972,082,568) - Appropriation for General Reserves

Laba Neto - 2011 - - - - - 64,292,046,213 64,292,046,213 Net Income - 2011

Saldo Per 31 Desember 2011 300,000,000,000 369,028,789 371,426,759 - 175,787,734,696 64,292,046,212 540,820,236,456 Balance as of December 31, 2011

Cadangan/ Reserved

Catatan atas Laporan Keuangan Konsolidasian Merupakan The Accompanying Notes are an Integral Parts of The Consolidated

Bagian Tidak Terpisahkan dari Laporan Keuangan Konsolidasian Secara Keseluruhan of Financial Statements Taken as a Whole

4

PT SUCOFINDO (PERSERO) DAN ANAK PERUSAHAAN PT SUCOFINDO (Persero) AND SUBSIDIARIESLAPORAN ARUS KAS KONSOLIDASIAN THE CONSOLIDATED STATEMENTS OF CASH FLOWSUntuk Tahun yang Berakhir pada Tanggal-tanggal 31 Desember 2011 dan 2010 For The Year Ended December 31, 2011 and 2010

31 December 2011 31 December 2010(Rp) (Rp)

ARUS KAS DARI AKTIVITAS OPERASI CASH FLOWS FROM OPERATING ACTIVITIES

Laba Bersih Sebelum Pajak 107,917,671,466 62,046,348,480 Income Before Corporate TaxDitambah (dikurangi) pos-pos yang tidak Added (deducted) items whose do not effect tomempengaruhi kas dan setara kas: cash and cash equivalents:Hak minoritas atas laba anak Perusahaan 230,400,922 (146,276,266) Minority interest in net income of SubsidiariesPenyusutan aset tetap 53,344,617,150 46,454,091,655 Depreciation of fixed assetsPenyisihan/penghapusan piutang usaha 5,854,484,335 3,076,369,869 Allowance/ write off account receivablesHak pemilik saham minoritas dalam Perusahaan - (314,231,727) Minority interest in consolidated subsidiariesLaba penjualan aset tetap - (266,822,122) Gains of fixed assets disposalPenyesuaian penyusutan aset tetap - 540,811,029 Adjusment of depreciation fixed assetsKoreksi/penghapusbukuan aset tetap 4,972,355,070 7,762,603,944 Correction/ fixed asset written offKewajiban lain-lain 257,293,685 4,002,553,878 Other liabilitiesKewajiban kontingensi (10,166,394,416) - Contingent liabilitiesKewajiban manfaat pasca kerja 34,917,699,738 13,627,938,691 Employee benefit obligationLaba (rugi) tahun lalu - (34,023,238,446) Income (loss) last yearPerubahan ekuitas (194,446,190) 369,028,789 Changes in equityAset lain-lain (12,752,308,477) (17,929,218,091) Other assetsCadangan (601,152,667) 34,023,158,442 Reserve

Total dari Aktivitas Operasi sebelum Total Amount from Operating Activities beforePerubahan Modal Kerja 183,780,220,616 119,223,118,125 Changes in Working CapitalPenurunan (kenaikan) pos-pos sebagai berikut: Decrease (increase) items as follows:Piutang usaha (35,594,049,136) (24,058,187,840) Account receivablesPendapatan akan diterima (42,817,123,945) 22,647,212,988 Accrued incomesPiutang lain-lain (13,575,469,020) (2,165,435,255) Other receivablesUang muka 262,500,801 (5,537,909,503) PrepaymentUang muka pajak 7,580,092,164 7,076,563,684 Prepaid taxesPersediaan 278,522,748 (2,224,536,128) InventoriesBiaya dibayar dimuka 900,129,507 (2,299,012,586) Prepaid expensesUtang usaha 4,033,760,607 (17,065,869,911) Accounts payablesUang muka penjualan 6,600,114,797 6,676,715,592 Advanced SalesUtang lancar lainnya 224,144,753 (3,969,392,116) Others current payablesPendapatan diterima dimuka (834,175,145) (844,176,489) Unearned revenueBiaya yang masih harus dibayar 79,758,156,711 (12,753,793,038) Accrued expensesBiaya asuransi JHT/THT yang masih harus dibayar (3,532,460,054) (3,055,353,240) Insurance premium due for THT/JHT planUtang pajak 16,447,030,563 (4,597,226,847) Tax payablesPajak penghasilan (40,788,117,385) (21,034,304,846) Corporate income tax payable

162,723,278,582 56,018,412,591 Net Cash Flows From Operating Activities

ARUS KAS DARI AKTIVITAS INVESTAS CASH FLOWS FROM INVESTMENT ACTIVITIES

Penyertaan - 5,650,000,001 Investment in Associated CompaniesPenambahan aset tetap (55,780,533,815) (66,296,937,561) Purchase of fixed assetsPenjualan aset tetap - 272,322,773 Disposal of fixed assets

Kas Bersih Digunakan untuk Aktivitas Investasi (55,780,533,815) (60,374,614,787) Net Cash Flows From Investment Activities

ARUS KAS DARI AKTIVITAS PENDANAAN CASH FLOWS FROM FINANCING ACTIVITIES

Dividen (2,009,352,314) (6,300,584,897) DividendsBina lingkungan (803,740,205) (1,680,155,972) Community developmentPinjaman jangka pendek 31,346,087,823 (51,595,040,750) Short term liabilitiesPinjaman jangka Panjang 6,182,097,177 - Long term liabilities

Kas Bersih Digunakan untuk Aktivitas Pendanaan 34,715,092,481 (59,575,781,619) Net Cash Flows Used to Financing Activities

KENAIKAN KAS DAN SETARA KAS 141,657,837,248 (63,931,983,816) INCREASE DECREASE

KAS DAN SETARA KAS AWAL TAHUN 90,942,342,236 154,874,326,051 CASH AND CASH EQUIVALENT, BEGINNING BALANCE

KAS DAN SETARA KAS AKHIR TAHUN 232,600,179,484 90,942,342,236 CASH AND CASH EQUIVALENT, ENDING BALANCE

Kas Bersih Diperoleh dari Aktivitas Operasi

Catatan atas Laporan Keuangan Konsolidasian Merupakan The Accompanying Notes are an Integral Parts of The ConsolidatedBagian Tidak Terpisahkan dari Laporan Keuangan Konsolidasian Secara Keseluruhan Financial Statements Taken as a Whole

5

PT SUCOFINDO (PERSERO) DAN ANAK entitas PT SUCOFINDO (PERSERO) AND SUBSIDIARIESCATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSUntuk tahun-tahun yang Berakhir Pada Tanggal For the Years Ended31 Desember 2011 dan 2010 December 31, 2011 and 2010

1. INFORMASI UMUM 1. GENERAL INFORMATION

a. Pendirian dan Informasi Lainnya a. The Establishment and Other Information

The Company provides services in the following fields :

1) 1)

2) 2)

3) 3)

1) 1)

1. UMUM (Lanjutan) 1. GENERAL (Continued)

Sertifikasi dan audit yang berkenaan dengan sistemmanajemen mutu, lingkungan, keselamatan dankesehatan kerja.

Certification and audit in relation to the qualitymanagement system, environmental, safety andoccupational health.

Manajemen yang berkaitan dan berkenaan denganlogistik, pergudangan, property dan sisteminformasi.

Management-related and related to logistics,warehousing, property and information systems.

Sedangkan sektor usaha yang dicakup dalam lingkupusaha diatas meliputi 10 (sepuluh) sektor usahasebagai berikut:

While the business sector who are covered within thescope of business covers over 10 (ten) businesssectors as follows:

PT Superintending Company of Indonesia (Persero)yang disebut pula dengan nama PT Sucofindo(Persero), selanjutnya disebut “entitas” didirikandengan Akta No. 42 tanggal 22 Oktober 1956 yangdibuat dihadapan Notaris Johan Arifin Lumban TobingSutan Arifin, S.H., yang telah disahkan oleh MenteriKehakiman berdasarkan Surat Penetapan No.J.A.5/100/8 tanggal 12 Desember 1957 dan telahdiumumkan dalam Berita Negara tanggal 18 April 1958Nomor 31 serta tambahan Berita Negara No. 293 tahun1958. Dalam perkembangannya telah terjadi beberapakali perubahan atas akta pendirian entitas dan terakhirdiubah dengan Akta No.10 tanggal 8 Agustus 2008yang dibuat dihadapan Notaris Indah Prastiti Extensia,S.H., di Jakarta, Nomor 10 tanggal 8 Agustus 2008yang telah disahkan oleh Menteri Kehakiman dengansurat Nomor AHU-80823.A.H.01.02 tanggal 31 Oktober2008. Pengumuman atas perubahan Anggaran Dasarentitas yang tercantum dalam Berita Negara RepublikIndonesia telah ditetapkan di Jakarta pada tanggal 31Oktober 2008.

PT Superintending Company of Indonesia (Persero)which is also called by the name of PT Sucofindo(Persero), hereinafter called "the Company" wasestablished by Deed No. 42 dated October 22, 1956made by Notary Johan Arifin Lumban Tobing SutanArifin, S.H., which was approved by the Minister ofJustice by virtue of Decision No. JA5/100/8 December12, 1957 and was published in State Gazette dated 18April 1958 No. 31 as well as additional State GazetteNo. 293 in 1958. In its development has occurredseveral times over the deed of the Company, and lastlyby Deed No. 10 dated August 8, 2008 the Notary IndahPrastiti Extensia, S.H., in Jakarta, Number 10, datedAugust 8, 2008 which was approved by the Minister ofJustice with a letter Number AHU-80823.AH01.02October 31, 2008. The announcement of the changes inthe Articles of Association contained in the StateGazette of the Republic of Indonesia has beenestablished in Jakarta on October 31, 2008.

Entitas merupakan Badan Usaha Milik Negara (BUMN)dan berkedudukan di Jakarta dan dalam kegiatanusahanya mempunyai unit-unit yang tersebar di seluruhIndonesia.

The Company is a State Owned Enterprise, having itshead office in Jakarta, with branch representative officeacross the country.

Lingkup usaha pokok entitas adalah sebagai berikut :

Pemeriksaan, pengawasan, pemantauan,pengujian, penilaian, penaksiran, dan pemeliharaanyang berkenaan dan berkaitan dengan perbankan,industri, teknologi, komoditas dan perdagangan.

Inspection, supervision, monitoring, testing,evaluation, assessment, and maintenance inrespect of and relating to banking, industry,technology, commodities and trade.

Sektor Pertanian (Agriculture ) atau disingkat AGRI. Agriculture Sector (Agriculture) or abbreviated asAGRI.

Meliputi kelompok jasa komoditi umum hasilpertanian.

Includes general services of agriculturalcommodities

6


a. Pendirian dan Informasi Lainnya (Lanjutan) a. The Establishment and Other Information (Continued)

2) 2)

3) 3)

4) Sektor Mineral atau disingkat MIN. 4) Mineral Service Sector or abbreviated as MIN.

5) 5) Oil and Gas Sector or abbreviated as MIGAS.

6) 6)

7) 7)

8) 8)

9) 9)


Industrial Sector and Consumer Products orabbreviated as INCO.

Meliputi kelompok Jasa Bidang Kelautan Perikanan,Jasa Laboratorium (Lingkungan) dan Jasa BidangKehutanan.

Includes Division of Marine Fisheries Services,Laboratory Services (Environmental) and theForestry Services Division.

Sektor Pemerintahan dan Institusi Internasional(Government and International Institution ) ataudisingkat PII.

Governance and International Institutions Sector orabbreviated as PII.

Meliputi kelompok Jasa Verifikasi Fasilitas Ekspor(VFE), Jasa Verifikasi Masterlist (VML), JasaVerifikasi Pemeriksaan Otomotif (VPO), JasaMonitoring Kuota Tekstil (MKT), Jasa VerifikasiKemampuan Industri (VKI) dan Jasa Lainnya yangberkaitan dengan Pemerintah Pusat dan Daerahserta Institusi Internasional.

Includes Verification Services Export Facility(VFE), Masterlist Verification Service (VML),Automotive Inspection Service Verification (VPO),Service Monitoring of Textile Quotas (MKT),Service Capability Verification Industry (VKI) andOther Services relating to Central and LocalGovernment and International Institutions.

Sektor Jasa Pendukung Bisnis Finansial (Financial Business Support Services ) atau disingkat FINS.

Financial Business Support Services Sector orabbreviated as FINS

Meliputi kelompok Jasa Investment AdvisoryServices (IAI), Jasa Evaluasi Pemantauan ProyekInvestasi (EPPI) dan Jasa Pemeriksaan SaranaPerdagangan (Manajemen Agunan).

Includes Investment Advisory Services (IAI),Evaluation Services for Monitoring ProjectInvestment (EPPI) and Trade Facility InspectionServices (Collateral Management).

Sektor Kehutanan, Kelautan Perikanan danLingkungan (Forestry, Marine, Fisheries andEnvironment ) atau disingkat KKL.

Forestry, Marine Fisheries and Environment Sectoror abbreviated as KKL.

Sektor Jasa Sertifikasi Internasional (SucofindoInternational Certification Services) atau disingkatSICS.

International Certification Services Sector orabbreviated as SICS.

Meliputi kelompok Jasa Komoditi Umum (hasiltambang), Jasa Pemeriksaan Sarana Perdagangan(Draft Survey Batubara) dan Jasa Laboratorium(Batubara dan Gold Assay ).

Includes General Commodity Services (mining),Trade Facility Inspection services (Draft SurveyCoal) and Laboratory Services (Coal and GoldAssay).

Sektor Minyak dan Gas (Oil and Gas) atau disingkatMIGAS

Meliputi kelompok Jasa Teknik (Migas danPetrokimia) dan Jasa Laboraturium yang terkait.

Includes Technical Services (Gas andPetrochemicals) and related laboratory services.

Meliputi kelompok Jasa Komoditi Umum (hasilindustri, produk konsumen dan produk makanan)serta jasa Comprehensive Import SupervisionScheme (CISS).

Includes General Commodity Services (industrial,consumer, and food products) and ComprehensiveImport Supervision Scheme Services (CISS).

Sektor Rekayasa dan Transportasi (Engineering and Transportation ) atau disingkat RKT.

Engineering and Transportation Sector. orabbreviated as RKT

Meliputi kelompok Jasa Pemeriksaan SaranaPerdagangan (sebagai besar jasa MarineInsurance/Kelautan), Jasa Teknis (Uji tanpa rusak,Industri dan Rekayasa) Jasa Supervisi dansebagian Jasa Otomotif.

Includes Trade Facility Inspection Service (mostlyfor major Marine Insurance / Marine services),Technical Services (Test without damage,Industrial and Engineering) Services Supervisionservices and partly for automotive services.

Sektor Industri dan Produk Konsumen (Industrial and Consumer Product ) atau disingkat INCO.

7


a. Pendirian dan Informasi Umum (Lanjutan) a. Establishment and General Information (Continued)

10) 10) General Services Sector or abbreviated as JUM.

b. Dewan Komisaris, Direksi, dan Karyawan b.

Dewan Komisaris Board of Commissioners

Komisaris Utama President CommissionerKomisaris CommissionerKomisaris CommissionerKomisaris Commissioner

Dewan Direksi Board of Directors

Direktur Utama President DirectorDirektur Komersial 1 Director Commercial 1Direktur Komersial 2 Director Commercial 2Direktur Keuangan dan Administrasi Director of Finance and AdministrationDirektur Pengembangan Director of Development


Hendi Kariawan

Kantor pusat entitas berlokasi di Graha Sucofindo, Jl.Raya Pasar Minggu Kav. 34, Jakarta, Indonesia.

The Company’s office is located in Graha Sucofindo, Jl.Raya Pasar Minggu Kav. 34, Jakarta, Indonesia.

Hadrian Sjah Razad

Anjang KusumahPontas Tambunan

Arief Safari Ganis Ramadhani Hidayat Hardian

Pada tanggal 31 Desember 2011 dan 2010, susunananggota Dewan Komisaris dan Direksi Perseroansebagai berikut:

As at December 31, 2011 and 2010, the members ofthe Company’s Board of Commissioners and Directorswere as follows:

2 0 1 1

Gusmardi BustamiSambas Mulyana

Sektor Jasa-jasa Umum (General Services ) ataudisingkat JUM.

Meliputi kelompok Jasa Komoditi Umum (Lainnya),Jasa Pemeriksaan Sarana Perdagangan(Pengendalian Hama), Jasa Property, JasaKeselamatan dan Kesehatan Kerja (penyalurantenaga dan sertifikasi alat pelindung perorangan),Jasa Rancangan Teknik (PES), JasaPengembangan Rekayasa Teknik (PRT), JasaLogistik, Jasa Laboratorium, Jasa Appraisal danJasa lainnya.

Includes General Commodity Services (Other),Service Trade Facility Inspection (Pest Control),Property Services, Safety and Occupational HealthServices (power distribution and certification ofpersonal protective equipment), EngineeringDesign Services (PES), Engineering DevelopmentServices (PRT), Logistics Services, LaboratoryServices, Appraisal Services and Other Services.

Maksud dan tujuan entitas adalah “Turut melaksanakandan menunjang kebijaksanaan dan programPemerintah di bidang ekonomi dan pembangunannasional pada umumnya, serta pembangunan di bidangjasa Superintendence, mutu dan teknologi padakhususnya dengan menerapkan prinsip-prinsip entitasTerbatas”.

The Company’s purpose and objective is to Participatein implementing and supporting government policiesand programs in economic and national development ingeneral, and the Superintendence of development inthe field of service, quality and technology in particularby applying the principles of Limited Liability Company.

Board of Commissioners, Directors and Employees

8


b. b.

Dewan Komisaris Board of Commissioners

Komisaris Utama President CommissionerKomisaris CommissionerKomisaris CommissionerKomisaris Commissioner

Dewan Direksi Board of Directors

Direktur Utama President DirectorDirektur Komersial 1 Director Commercial 1Direktur Komersial 2 Director Commercial 2Direktur Keuangan dan Administrasi Director of Finance and AdministrationDirektur Pengembangan Director of Development

Ketua ChairmanAnggota Member

c. Entitas Anak c. Subsidiaries Company


Gaji dan tunjangan Direksi dan Komisaris PT Sucofindo(Persero) pada tahun 2011 dan 2010 masing-masingsebesar Rp5.868.549.375 dan Rp7.078.586.651. Gajianggota direksi ditetapkan sebesar 90% dari gajidirektur utama. Gaji komisaris utama ditetapkan 40%dari gaji direktur utama dan anggota komisarisditetapkan 36% dari gaji direktur utama.

Salaries and allowances of the Board of Directors andCommissioners of PT Sucofindo (Persero) in 2011 and2010 amounted to Rp5,868,549,375 andRp7,078,586,651. Salaries of the directors is set at 90%of the salary of the president director. Salarycommissioner assigned 40% of the salary of thepresident director and members of the commissionersassigned 36% of the salary of the president director

Pada tanggal 31 Desember 2011 dan 2010 entitasmempunyai Sumber Daya Manusia (SDM) masing-masing sejumlah 2.749 orang (2010: 2.707 orang) yangterdiri dari pegawai tetap sejumlah 2.231 orang (2010:2.246 orang) dan pegawai tidak tetap sejumlah 518orang (2010: 461 orang).

On December 31, 2011 and 2010 the Company has aHuman Resources (HR) of each of 2,749 people (2010:2,707 people) consisting of permanent staff of 2,231people (2010: 2,246 people) and temporary employeesof 518 people (2010: 461 people).

Entitas melakukan investasi dalam bentuk penyertaansaham kepada beberapa entitas dengan komposisikepemilikan sebagai berikut:

The Company invest in the from of share to the severalcompanies with composition of the ownership as follow:

Ganis Ramadhani Hadrian Sjah Razad

Hendi Kariawan Hidayat Hardian

Perubahan susunan Dewan Komisaris dan Direksi per31 Desember 2010 tersebut berdasarkan Risalah RapatUmum Pemegang Saham Luar Biasa (RUPSLB)tertanggal 17 Desember 2010 dan berdasarkan suratpengunduran diri No.0143/DKM-VIII/2010, Komisaris PT Sucofindo (Persero) Bapak Marwanto Harjowiryono pertanggal 16 Agustus 2010 efektif telah mengundurkandiri dari jabatan Komisaris PT Sucofindo (Persero).

Changes in the composition of the Board ofCommissioners and Directors as of December 31, 2010is based on the General Meeting of Shareholders(RUPSLB) dated 17 December 2010 and based on theletter of resignation No.0143/DKM-VIII/2010,Commissioner of PT Sucofindo (Persero) Mr. MarwantoHarjowiryono asdate August 16, 2010 effectively hasresigned from the office of Commissioner PT Sucofindo(Persero)

Gusmardi BustamiPontas TambunanSambas MulyanaAnjang Kusumah

Arief Safari

Susunan Komite Audit pada tanggal 31 Desember 2011dan 2010 adalah sebagai berikut:

The composition of the Company’s Audit Committee asof December 31, 2011 and 2010 was as follows:

Pontas TambunanMuhdi Al Fajar

Susunan Direksi, Komisaris, dan Karyawan(Lanjutan)

Composition of the Board, Commissioners andemployees (Continued)

2 0 1 0

9


c. Entitas Anak c. Subsidiaries Company (Continued)

Entitas Anak Subsidiaries

Entitas anak yang Subsidiaries Which AreDikonsolidasikan ConsolidatedPT Sucofindo Advisory Utama PT Sucofindo Advisory UtamaPT Sucofindo Episi PT Sucofindo EpisiPT Sucofindo Logistics PT Sucofindo Logistics Metode Ekuitas Equity MethodPT Qualitech Perdana PT Qualitech Perdana

Metode Biaya Cost MethodPT SPRINT Konsultan PT SPRINT KonsultanPT Surveyor Indonesia PT Surveyor Indonesia

1. PT Sucofindo Advisory Utama 1. PT Sucofindo Advisory Utama


19%4.48%

PT Sucofindo Advisory Utama formerly named PTSucofindo Appraisal Utama (hereinafter called"Company") established under the name PTSucofindo Nissesa Appraisal based on NotarialSovyedi Andasasmita, S.H., number 19 datedJanuary 31, 2000. This deed was approved by theDepartment of Justice with the Minister of Law andLegislation of the Republic of Indonesia Number C-14684 HT.01.01.Th 2000 dated July 20, 2000.

Anggaran dasar entitas telah beberapa kalimengalami perubahan, terakhir berdasarkan aktaPernyataan Keputusan Rapat Perseroan Terbatasentitas Nomor 11 tanggal 21 Oktober 2010 yangdibuat dihadapan notaris Indah Prastiti Extensia,S.H. entitas telah merubah anggaran dasar yaitumengenai penyesuaian anggaran dasar perseroansesuai dengan Undang-undang Nomor 40 tahun2007 tentang Perseroan Terbatas. Akta tersebutberisi perubahan modal dasar entitas dari semula10.000.000 lembar saham atau sebesarRp10.000.000.000 menjadi 14.000.000 lembarsaham atau sebesar Rp14.000.000.000 serta berisiperubahan nama yang semula PT SucofindoAppraisal Utama menjadi PT Sucofindo AdvisoryUtama. Akta perubahan ini telah disahkan olehMenteri Hukum dan Hak Asasi Manusia RepublikIndonesia dalam surat keputusan Nomor AHU-00949.AH.01.02 Tahun 2011 tanggal 7 Januari2011.

Articles of association have been amended severaltimes, most recently based on Deed of Statementof Limited Liability Company Meeting Number 11dated October 21, 2010, prepared by a notaryIndah Prastiti Extensia, S.H. The company haschanged its articles of association of the companybase budget adjustments in accordance with LawNumber 40 of 2007 regarding Limited LiabilityCompany. The deed contains a change in theauthorized capital of the original 10,000,000 sharesor Rp10,000,000,000 to 14,000,000 shares orRp14,000,000,000 and also contains changes tothe original name of PT Sucofindo AppraisalUtama become PT Sucofindo Advisory Utama.This amendment was approved by the Ministry ofJustice and Human Rights Republic of Indonesia inDecree Number AHU-00949.AH.01.02 Year 2011dated January 7, 2011.

80%

40%

Persentase Kepemilikan/

Percentage of Ownership

91.43%95%

PT Sucofindo Advisory Utama semula bernama PTSucofindo Appraisal Utama (selanjutnya disebut“entitas”) didirikan dengan nama PT SucofindoNissesa Appraisal berdasarkan Akta NotarisSovyedi Andasasmita, SH., nomor 19 tanggal 31Januari 2000. Akta tersebut telah mendapatpengesahan dari Departemen Kehakiman denganKeputusan Menteri Hukum dan Perundang-Undangan Republik Indonesia Nomor C-14684HT.01.01.Th 2000 tanggal 20 Juli 2000.

10


c. Entitas Anak (Lanjutan) c. Subsidiaries Company (Continued)

2. PT Sucofindo Episi 2. PT Sucofindo Episi

3. PT Sucofindo Logistics 3. PT Sucofindo Logistics


PT Sucofindo Episi didirikan dengan Akta Nomor 4tanggal 12 Maret 2002 yang dibuat dihadapanNotaris Sovyedi Andasasmita, S.H. Akta perubahanterakhir adalah Akta Nomor 14 tanggal 18 Juni 2002 dengan notaris yang sama, dan perubahan aktatersebut telah mendapat pengesahan dariDepartemen Kehakiman dan Hak Asasi Manusiadengan keputusan Menteri Kehakiman dan HakAsasi Manusia Republik Indonesia Nomor C-13175HT.01.01.TH.2002 tanggal 17 Juli 2002. Episibergerak dalam bidang pembangunan,perdagangan, perindustrian dan jasa yangberkedudukan di Jakarta. Modal dasar entitassebesar Rp4.000.000.000 dan telah ditempatkansebesar Rp2.000.000.000, yang telah disetor penuhsebesar Rp1.975.000.000, dimana sebesarRp25.000.000 yang menjadi kewajiban KoperasiPegawai Sucofindo atas tambahan modal disetorbelum dilakukan penyetoran oleh Koperasi PegawaiSucofindo. Jumlah komposisi kepemilikan darimasing-masing penyertaan saham sebesar 95%untuk entitas dan sebesar 5% untuk KoperasiPegawai Sucofindo.

PT Sucofindo Episi was established by Deed.Number 4 dated March 12, 2002, prepared byNotary Sovyedi Andasasmita, S.H. Lastamendment is the Deed Number 14 dated June18, 2002 with the same notary, and the deed hasbeen approved by the Department of Justice andHuman Rights by decision of the Minister of Justiceand Human Rights Republic of Indonesia NumberC-13 175 HT.01.01.TH. 2002 dated July 17, 2002.Episi is engaged in construction, trade, industryand service based in Jakarta. The authorizedcapital of the Company amounting toRp4,000,000,000 and Rp2,000,000,000 issued,which are fully paid by Rp1,975,000,000, whichamounted to Rp25,000,000 which becomes theobligation of Employee Cooperative Sucofindoadditional paid-in capital has not been carried outby depositing Employees Cooperative Sucofindo.Total composition of ownership of their respectiveownership interest of 95% to 5% of the Companyand to Employee Cooperative Sucofindo.

PT Sucofindo Logistics didirikan berdasarkan AktaNotaris Raden Ayu Tri Wahyuniati Subali AndiFirman, S.H., M.H., Nomor 01 tanggal 25 Nopember2002. Akta tersebut telah mendapat pengesahaandari Departemen Kehakiman dan Hak AsasiManusia dengan keputusan Menteri Kehakimandan Hak Asasi Manusia Republik Indonesia NomorC-14684 HT.01.01.TH.2000. Anggaran dasar telahmengalami perubahan, perubahan terakhir yaituberdasarkan akta pernyataan keputusan Nomor 15tanggal 11 Agustus 2008 yang dibuat oleh IndahPrastiti Extensia, S.H., notaris di Jakarta mengenaipenyesuaian anggaran dasar Perseroan sesuaidengan Undang-Undang Nomor 40 tahun 2007tentang Perseroan Terbatas. Akta tersebut telahdisahkan oleh Menteri Hukum dan Hak AsasiManusia Republik Indonesia dengan suratkeputusan Nomor AHU-05446.AH.01.02 tanggal 27Februari 2009. Logistics berkedudukan danberkantor pusat di Jakarta.

PT Sucofindo Logistics was established based onNotarial Raden Ayu Tri Wahyuniati Subali AndiFirman, S.H., M.H., Number 01 dated 25November 2002. Pengesahaan deed was receivedfrom the Department of Justice and Human Rightsby decision of the Minister of Justice and HumanRights Republic of Indonesia Number C-14 684HT.01.01.TH.2000. The articles of associationhave been amended, the last change that is basedon the deed a statement the decision No. 15 datedAugust 11, 2008, prepared Indah Prastiti Extensia,S.H., notary in Jakarta on the basis of budgetadjustments the Company in accordance with LawNumber 40 of 2007 regarding Limited LiabilityCompany. This deed was approved by the Ministerof Justice and Human Rights Republic of Indonesiain his Decree Number AHU-05446.AH.01.02 datedFebruary 27, 2009. Logistics is domiciled andheadquartered in Jakarta..

11


3. PT Sucofindo Logistics (Lanjutan) 3. PT Sucofindo Logistics (Continued)

4. PT Qualitech Perdana 4. PT Qualitech Perdana


5. PT SPRINT Konsultan 5. PT SPRINT Konsultan

Sehubungan dengan kondisi operasional entitas,Direktur Utama PT Sucofindo (Persero), selakupemegang saham perseroan berdasarkan suratNomor:1452/ DRU-XI/ SP/ 2010 tertanggal 30November 2010 Perihal: Rencana Pembubaran PTSucofindo Logistics, merencanakan untukmembubarkan Perseroan terhitung sejak tanggal 31Desember 2010 apabila sampai dengan tanggal 30Desember 2010 PT Sucofindo Logistics tidakberhasil secara nyata memperoleh pendapatanyang secara signifikan membuat Perseroan dapatmelakukan revitalisasi dan menjaga kelangsunganhidupnya.

Penyertaan pada PT Qualitech Perdana merupakanpenyertaan modal saham sebesar Rp195.400.000atau 40% dari modal saham disetor. entitas tersebutsejak tahun 1997 telah menghentikan kegiatanoperasionalnya dan pada saat ini sedang dalamproses likuidasi. Karena kerugian entitas tersebuttelah melampaui jumlah modal disetor, maka ataspenyertaan saham tersebut telah dibentukpenyisihan sebesar 100%.

Menanggapi hal tersebut Direktur PT SucofindoLogistics menyampaikan surat Nomor: 042/SciLog-0XII/DIR/2010 tertanggal 23 Desember 2010perihal: Laporan Progres Kegiatan PT SucofindoLogisitics, bahwa tidak ada kemungkinan akandiperolehnya pendapatan operasi dalam kurunwaktu 1 Desember sampai denga 30 Desember2010 dikarenakan rencana Kerjasama Operasi(KSO) dengan PT Selindo Pratama, ASEI Bina PteLtd, PT Pos Indonesia dan Puskud Jabar tidakterealisir disebabkan belum adanya kepastiankegiatan pekerjaan dimasing-masing calon partnertersebut, dan surat Komisaris PT SucofindoLogistics Nomor: 14/ SciLog-XII/ DKM/ 2010 tanggal27 Desember 2010 perihal Rencana PembubaranPT Sucofindo Logistics, bahwa mengingat sampaibatas waktu tanggal 30 Desember 2010 tidakdimungkinkan diperolehnya pendapatan yangsignifikan, maka Komisaris PT Sucofindo Logisticssependapat dengan Pemegang Saham untukdilakukannya pembubaran perseroan danmengusulkan dilaksanakannya RUPSLB mengenaiPembubaran dan pemberhentian Pengurus PTSucofindo Logistics.

Responding to the Director of Logistics submitsSucofindo Number: 042/SciLog-0XII/DIR/2010dated December 23, 2010 subject: Report onProgress of Activity of PT Sucofindo Logisitics,that there is no possibility to obtain the operatingincome in the period December 1 throughDecember 30, 2010 due to the planned JointOperation (KSO) with PT Selindo Pratt, ASEIDevelopment Pte Ltd, PT Pos Indonesia andPuskud Jabar is not realized due to the lack ofcertainty respective work activities of potentialpartners, and the letter of Commissioner of PTSucofindo Logistics Number:14/SciLog-XII/DKM/2010 dated December 27, 2010 regardingthe Plan of Dissolution PT Sucofindo Logistics, thatthe recall until the deadline date of December 30,2010 is not possible to obtain revenue significant,then the Commissioner of Sucofindo Logisticsconcurred with the Shareholders to do thedissolution of the company and the proposedimplementation of the EGM on the dissolution anddismissal of Board of PT Sucofindo Logistics.

PT Qualitech Perdana is an investment in equityshares amounting to Rp195,400,000 or 40% of thepaid up share capital. Since 1997, the companyhas suspended its operations and is currently inthe process of liquidation. Because the losses thecompany had exceeded the amount paid upcapital, the investment shares were establishedallowance equal to 100%.

In connection with the operational condition of theCompany, President Director of PT Sucofindo(Persero), as a shareholder company, based onletters Number: 1452/ DRU-XI/ SP/ 2010 dated 30November 2010 Subject: Plan of Dissolution PTSucofindo Logistics, plans to liquidate theCompany effective as of December 31, 2010 if upto date December 30, 2010 PT Sucofindo Logisticsobviously failed to obtain significant revenueenabled the Company to revitalize and maintain itssurvival.

12


2. KEBIJAKAN AKUNTANSI 2. ACCOUNTING POLICIES

a. a. Presentation of Consolidated Financial Statements

1. 1.

2. 2.

3. 3.

4. 4.

b. Prinsip–prinsip Konsolidasian b. The Principles of Consolidation

2. KEBIJAKAN AKUNTANSI (Lanjutan) 2. ACCOUNTING POLICIES (Continued)

b. Prinsip–prinsip Konsolidasian (Lanjutan) b. The Principles of Consolidation (Continued)

Laporan keuangan konsolidasian entitas disusunsesuai dengan standar akuntansi keuangan diIndonesia. Laporan keuangan konsolidasian entitasdisusun berdasarkan harga perolehan.

The consolidated financial statements have beenprepared in accordance with Indonesia financialaccounting standards. The consolidated financialstatements are prepared based the historical costconcept.

Laporan keuangan konsolidasian disajikan sesuaiklasifikasi untuk neraca dan multiple step untuklaporan laba rugi setelah mempertimbangkan jenisusaha entitas dan Anak entitas secaraterkonsolidasi. Laporan arus kas disusun denganmenggunakan metode tidak langsung (indirect method) dengan mengklasifikasikan arus kasmenurut aktivitas operasi, investasi dan pendanaan.

The consolidated financial statements prepared inaccordance to the balance sheet classification andmultiple step income statement after consideringthe nature of the Company and its Subsidiaries' asconsolidation. Statements of cash flows preparedusing the indirect method (indirect method) byclassifying cash flows from operating, investingand financing activities.

Penyusunan laporan keuangan konsolidasiansesuai dengan standar akuntansi keuangan diIndonesia, mengharuskan manajemen untukmembuat estimasi dan asumsi yang mempengaruhijumlah aset dan kewajiban dan pengungkapan asetdan kewajiban kontijen pada tanggal laporankeuangan konsolidasian serta jumlah pendapatandan beban selama periode pelaporan. Hasil yangsebenarnya dapat berbeda dari jumlah yangdiestimasi.

The preparation of consolidated financialstatements in conformity with Indonesian financialaccounting standards, requires management tomake estimates and assumptions that affect thereported amounts of assets and liabilities anddisclosure of contingent assets and liabilities at thedate of the consolidated financial statements andthe reported amounts of revenues and expensesduring the reporting period. Actual results coulddiffer from those estimates

Laporan keuangan konsolidasian meliputi laporankeuangan entitas dan entitas anak dengan pemilikanlebih dari 50%, baik langsung maupun tidak langsung.Penyertaan saham entitas dan entitas anak denganpemilikan kurang dari 20% dicatat dengan metodebiaya perolehan.

The consolidated financial statements include thefinancial statements of the Company and itsSubsidiaries with more than 50% ownership interest,directly or indirectly. Investments in shares of theCompany and its Subsidiaries with the ownership ofless than 20% are recorded at cost.

Mata uang pelaporan yang digunakan dalampenyusunan laporan keuangan konsolidasianadalah mata uang Rupiah.

The reporting currency used in the preparation ofthe consolidated financial statements is Rupiah.

Dasar Penyusunan Laporan KeuanganKonsolidasian

Penyertaan pada PT SPRINT Konsultan pada tahun1997 merupakan penyertaan modal sebesarRp47.500.000 atau 19% dari seluruh modal sahamyang disetor entitas. entitas didirikan dengan AktaNotaris Agus Hashim Ahmad, S.H., Nomor 9tanggal 9 Februari 1997, dan mulai beroperasitahun 1997.

Investments in PT SPRINT Konsultan in 1997represents a capital investment amounting toRp47,500000 or 19% of the total paid up sharecapital of the Company. The company wasestablished by Deed Agus Hashim Ahmad, S.H.,Number 9 dated February 9, 1997, and becameoperational in 1997

13


c. Penggunaan Estimasi c. Estimation

d. Transaksi dan Saldo dalam Mata Uang Asing d. Foreign Currency Transactions and Balances

1. 1.

2. 2.

3. 3.

1 Dolar Amerika Serikat 1 United State Dollar1 Dolar Singapura 1 Singapore Dollar1 Euro 1 Euro


e. e. Transactions with Related Parties

Kurs mata uang asing utama yang digunakan padatanggal 31 Desember 2011 dan 2010 sebagaiberikut:

The main foreign exchange rate wich is used atDecember 31, 2011 and 2010 are as follow:

2 0 1 1

9,125.00

Pembukuan entitas diselenggarakan dalam satuanRupiah. Transaksi dalam mata uang asing dicatatberdasarkan kurs standar yang berlaku padaperiode mingguan berdasarkan kurs yang berlakuuntuk pembayaran pajak yang ditetapkan olehMenteri Keuangan.

The books of account maintained in Rupiah.Transactions in foreign currencies are recorded atthe standard rates of exchange prevailing at theweekly period based on prevailing rates for taxpayment set by the Minister of Finance.

Pada tanggal neraca, aset dan kewajiban moneterdalam mata uang asing dijabarkan dengan kursyang berlaku pada tanggal tersebut, yangdidasarkan pada kurs tengah mata uang asing yangdiumumkan oleh Bank Indonesia. Keuntungan ataukerugian yang timbul, dikreditkan atau dibebankandalam laporan laba (rugi) periode berjalan.

At balance sheet date, assets and liabilitiesdenominated in foreign currencies are translated atthe exchange rates prevailing at that date, which isbased on the middle rate of exchange published byBank Indonesia. Gains or losses are credited orcharged to the consolidated net income (loss) forthe period.

Saldo dan transaksi, termasuk keuntungan/ kerugianyang belum direalisasi, atas transaksi antar entitasterkonsolidasi dieliminasi untuk mencerminkan posisikeuangan dan hasil usaha entitas dan Anak entitassebagai satu kesatuan usaha. Apabila diperlukan,laporan keuangan Anak entitas disesuaikan agar sesuaidengan kebijakan akuntansi entitas dan Anak entitas.Hak minoritas atas laba (rugi) bersih dan ekuitas Anakentitas dinyatakan sebesar proporsi pemegang sahamminoritas atas laba (rugi) bersih dan ekuitas entitasanak tersebut.

Balances and transactions, including gains/ losses,arising from inter-company transactions are eliminatedto reflect the financial position and results of operationsof the Company and its Subsidiaries as a single entity.Where appropriate, the financial statements ofsubsidiaries are adjusted to conform with theaccounting policies of the Company and itsSubsidiaries. Minority interest in earnings (loss) andequity of subsidiaries are stated at the proportion ofminority shareholders in net income (loss) and equity ofthese subsidiaries

Penyusunan laporan keuangan konsolidasianmengharuskan manajemen untuk membuat estimasidan asumsi yang mempengaruhi jumlah aset dankewajiban, pengungkapan aset dan kewajibankontijensi pada tanggal laporan keuangankonsolidasian serta jumlah pendapatan dan beban yangdilaporkan selama periode pelaporan. Hasil yangsebenarnya (aktual) mungkin berbeda dari jumlah yangdiestimasi tersebut.

The preparation of consolidated financial statementsrequires management to make estimates andassumptions that affect the reported amounts of assetsand liabilities, disclosure of contingent assets andliabilities at the date of the consolidated financialstatements and the reported amounts of revenues andexpenses during the reporting period. Actual results(actual) may differ from those estimates.

11,804.57

Transaksi dengan Pihak-pihak Berelasi

Entitas dan entitas anak melakukan transaksi dengan The Company and subsidiaries enter into transactions

Mata uang yang digunakan oleh manajemen untukpelaporan keuangan per 31 Desember 2011menggunakan kurs tengah Bank Indonesia per 2Januari 2012 yang telah ditetapkan sesuai denganKeputusan Direksi.

Exchange rates used for converting foreign currencies inthe consolidated financial statements as of December 31,2011 were Bank Indonesia mid rates that prevailed onJanuary 2, 2012 as stated in the Director's Resolutionletters.

2 0 1 0

8,991.00 6,980.61 11,955.79

7,034.66

14


The affiliated companies are:

1) 1)

2) 2)

f. Kas dan Setara Kas f. Cash and Cash Equivalents

g. Piutang Usaha dan Piutang Lain-lain g. Accounts Receivable and Other Receivables


g. Piutang Usaha dan Piutang Lain-lain (Lanjutan) g. Accounts Receivable and Other Receivables (Continued)

Piutang usaha dan piutang lain-lain disajikan dalamjumlah bersih setelah dikurangi dengan penyisihanpiutang tak tertagih yang ditentukan berdasarkanpenelaahan terhadap tingkat ketertagihan saldo piutangpada akhir tahun. Piutang tak tertagih dihapuskandalam periode ketika piutang tersebut dipastikan tidakdapat ditagih.

Accounts receivable and other receivables are recordednet of an allowance for doubtful accounts is determinedbased on a review of the level of collection experienceaccounts receivable balance at year end. Bad debtswritten off in the period when they are determined to notbe billed.

Piutang usaha adalah tagihan entitas kepada para Trade receivables are claims of the Company to its

Setara kas adalah deposito dan atau investasi yangsifatnya sangat likuid, berjangka pendek, yang dapatsegera diubah dan jatuh tempo dalam waktu tiga bulanatau kurang dari tanggal perolehan dan dapat menjadikas dalam jumlah yang telah diketahui tanpamenghadapi resiko perubahan nilai yang signifikan.

Cash equivalents and time deposits or investments arehighly liquid, short term, which can be changed and amaturity of three months or less from the date ofpurchase and can be cash in the amount that has beenknown without facing the risk of a significant change invalue.

Entitas asosiasi dimana entitas menanamkansahamnya meliputi: PT Sucofindo Advisory Utama,PT Sucofindo Episi, PT Sucofindo Logistics, PTSPRINT Konsultan dan PT Surveyor Indonesia.

Associates company in which the Company hasshare investment, such as: PT Sucofindo AdvisoryUtama, PT Sucofindo Episi, PT SucofindoLogistics, PT SPRINT Consultants and PT

The nature and magnitude of transactions with relatedparties which the Company has the ability to control, orwith which the Company has special arrangements ortransactions that are significant and also whether thetransaction was conducted or with the conditions andterms as those given to parties who had no specialrelationship has described in the financial statements.

Societe General De Surveillance (SGS) HoldingS.A., Geneva sebagai pemegang 5% sahamentitas.

pihak berelasi sesuai dengan ketentuan PernyataanStandar Akuntansi Keuangan Nomor 7 mengenai“Pengungkapan Pihak-pihak Berelasi”.

with parties which are defined as related parties inaccordance with Statement of Financial AccountingStandards (SFAS) Number 7 regarding “Related

Jenis transaksi dan saldo dengan pihak berelasi, baikyang dilaksanakan dengan ataupun tidak dilaksanakandengan syarat serta kondisi normal yang sama untukpihak yang tidak berelasi, diungkapkan dalam catatanatas laporan keuangan konsolidasian.

The nature of transactions and balances of accountswith related parties, whether or not transacted onnormal terms and conditions similar to those with thirdparties, are disclosed in the notes to the consolidatedfinancial statements.

Pihak-pihak yang berelasi dengan entitas adalah :

Sifat dan besarnya transaksi dengan pihak-pihak yangmana entitas mempunyai kemampuan untukmengendalikan, atau dengan pihak yang mana entitasmempunyai pengaturan khusus atau transaksi yangsignifikan dan juga apakah transaksi telah dilakukanatau dengan kondisi dan syarat sebagaimana dilakukandengan pihak yang berelasi telah diuraikan dalamlaporan keuangan.

Kas adalah saldo kas (cash on hand ) dan ataurekening bank yang dimiliki untuk memenuhi komitmenjangka pendek bukan untuk investasi atau tujuan lain.

Cash is the cash balance (cash on hand) and bankaccounts owned or to fulfill short-term commitmentsrather than for investment or other purposes.

Societe General De Surveillance (SGS) HoldingS.A., Geneva as a shareholder of the Companywith 5% ownership.

15


h. Persediaan h. Inventories

i. Penyertaan dan Kerja Sama Operasi i. Investments and Joint Operation


i. Penyertaan dan Kerja Sama Operasi (Lanjutan) i. Investments and Joint Operation (Continued)

Inventory includes all material and equipmentnecessary to carry out operations and corporateadministration services, which consist of operatingmaterials and printed products.

Penilaian persediaan dilakukan berdasarkan metodeharga perolehan rata-rata. Khusus untuk bahan operasilaboratorium dicatat terlebih dahulu dalam “biayabahan operasi” (supplies expense ), dan pada akhirperiode untuk kepentingan pelaporan dilakukanpenyesuaian untuk barang-barang yang sisa ke dalamakun “Persediaan Bahan Operasi”.

Inventory valuation method is based on average cost.Special material for laboratory operations are recordedin advance in the "cost of operation" (suppliesexpense), and at the end of the period for reportingpurposes to be an adjustment for the remaining itemsinto account "Material Inventory Operations".

Terhadap piutang macet (yang sudah jelas tidak dapatditagih) walaupun umurnya kurang dari satu tahun yangdisebabkan alamat debitur tidak jelas, meninggal dunia,pailit dan sebagainya langsung disisihkan sebesar100% dari nilai piutang yang bersangkutan.

Against bad debt (which is clearly not recoverable),although its age is less than one year due to addressthe debtor is not clear, death, bankruptcy and soimmediately set aside for 100% of the value of therelated receivables.

pelanggan yang timbul melalui transaksi penjualan jasa.Piutang usaha diakui setelah jasa selesai diberikan dantelah diterbitkan invoice.

customers arising through sales transaction services.Trade receivables are recognized when the serviceprovided is complete and has been issued invoices.

90 hari – 180 hari 10% 90 days – 180 days

180 hari – 1 tahun 30% 180 days – 1 year

Umur Piutang Percentage of Allowance Aging

Penyisihan piutang tak tertagih dibentuk pada akhirtahun berdasarkan penelaahan terhadap tingkatketertagihan saldo piutang yang kemungkinan tidaktertagih dengan perhitungan sebagai berikut:

Allowance for doubtful accounts is established at theend of the year based on review of the level ofoutstanding receivables collection experience doubtfulcalculated as follows:

Tarif Penyusutan/

Deposito berjangka yang jatuh temponya lebih dari tigabulan disajikan sebagai pernyataan sementara.Deposito yang dimaksud adalah deposito yang jatuhtempo diatas waktu tiga bulan dari tanggalperolehan/penempatan awal suatu perpanjanganwaktu.

Time deposits with maturities of more than three months are classified as temporary statement. Deposits inquestion are deposits with maturities over three monthsfrom the date of acquisition/ placement of the beginningof an extension of time.

Penyertaan entitas pada saham yang diterbitkan entitaslain (entitas asosiasi) dicatat berdasarkan besarnyakepemilikan saham dan signifikannya pengaruh yang

Company's investment in shares issued by othercompanies (associates) are recorded based on theamount of shares and the significant influence that the

1 tahun – 2 tahun 60% 1 year – 2 years

> 2 tahun 100% > 2 years

Persediaan meliputi semua barang/bahanperlengkapan yang dibutuhkan untuk melaksanakanjasa operasi dan administrasi entitas, yang terdiri daribahan operasi dan barang cetakan.

16


1. 1.

2. 2.


i. Penyertaan dan Kerja Sama Operasi (Lanjutan) i. Investments and Joint Operation (Continued)

Metode ekuitas (equity method ) diterapkan untukpenyertaan pada entitas asosiasi dimana entitasmemiliki penyertaan sebesar 20% atau lebih atasmodal ditempatkan dan entitas memiliki pengaruhyang signifikan. Penyertaan dinyatakanberdasarkan harga perolehan yang disesuaikansetiap tahun dengan bagian laba (rugi) entitasasosiasi sesuai dengan persentase kepemilikan.Dividen tunai (kas) dicatat sebagai penguranganatas nilai penyertaan. Bagian atas laba (rugi) tiaptahun disesuaikan dengan amortisasi atas selisihantara harga perolehan dan bagian entitas atas nilaiwajar neto yang dapat diidentifikasi.

Equity method (equity method) is applied toinvestments in associates where the Companyholds an interest of 20% or more of the issuedshare capital and the Company has significantinfluence. Investments are stated at cost adjustedeach year by the net income (loss) of associatedcompanies in accordance with the percentage ofownership. Cash dividends (cash) is recorded as areduction in the value of investments. Equity inearnings (loss) per year adjusted for theamortization of the difference between the cost ofacquisition over the fair value of the identifiablenet

Entitas melakukan Kerja Sama Operasi (KSO) denganbeberapa pihak dan perlakuan akuntansinya sebagaiberikut:

Company conducted a joint operation (KSO) withseveral parties and their accounting treatment asfollows:

Bagian partisipasi PT Sucofindo (Persero) dalampengendalian bersama operasi dan aset dicatatmenggunakan metode ekuitas, yaitu metode akuntansidan pelaporan keuangan dimana bagian partisipasi(interest ) pada suatu KSO pada awalnya dibukukansebesar biaya perolehan (cost ) dan selanjutnyadisesuaikan terhadap perubahan dalam bagian entitasatas aset bersih (net asset ) dari KSO yang terjadisetelah perolehan (post acquisition ). Laporan laba rugimencerminkan bagian entitas atas hasil usaha KSOdan disajikan pada baris antara laba kotor operasi danbeban usaha.

The participation of PT Sucofindo (Persero) in the jointcontrol of operations and assets are accounted usingthe equity method, the method of accounting andfinancial reporting in which the participation (interest) ina joint operation initially recorded at cost (cost) and thenadjusted to changes in the Company net assets (netassets) of the KSO that occurred after the acquisition(post acquisition). The income statement reflects theinterest in the joint operation and results of operationspresented on the line between gross profit andoperating expenses.

Metode harga perolehan (cost method ) diterapkanpada entitas dimana entitas memiliki penyertaankurang dari 20% dari modal ditempatkan atau padapenyertaan yang bersifat sementara, dan entitastidak mempunyai pengaruh yang signifikan. Hargaperolehan mencakup biaya yang dikeluarkan untukjasa profesional lainnya. Apabila menurut pendapatmanajemen terdapat penurunan yang permanenatas nilai penyertaan maka penyisihan ataspenurunan nilai saham akan dibentuk Pendapatandividen dicatat dalam laporan laba (rugi) periodeberjalan pada saat dividen diterima.

Cost method (cost method) applied to theCompany which the Company holds an interest ofless than 20% of the issued or on temporaryinvestments, and the Company has no significanteffect. The acquisition costs include costs incurredfor other professional services. If managementbelieves there is a permanent decline in the valueof investments in the provision for decline in valueof shares will be established dividend income isrecorded in the income (loss) for the period whenthe dividend is received.

Metode ini diterapkan untuk KSO SCI-SI, kerjasamaoperasi antara PT Sucofindo (Persero) dan PT SurveyorIndonesia (Persero), dimana penyertaan kedua belah

This method is applied to KSO SCI-SI, joint operationbetween PT Sucofindo (Persero) and PT SurveyorIndonesia (Persero), where the inclusion of both parties

dimiliki entitas. Besaran penyertaan akan menentukanpenggunaan metode yang digunakan oleh entitas,dimana metode tersebut terdiri dari:

gCompany. The amount of investment will determine theuse of the method used by the Company, whereby themethod consists of:

17


j. Aset Tetap j. Fixed Asset


k. Beban Ditangguhkan k. Deferred Expenses

Beban ditangguhkan diamortisasi dengan metode garis Deferred charges are amortized using the straight-line

Aset tetap yang sudah tidak digunakan lagi atau yangdijual dikeluarkan dari kelompok aset tetap berikutakumulasi penyusutannya. Keuntungan atau kerugiandari penjualan aset tetap tersebut dibukukan dalamlaporan laba rugi pada tahun yang bersangkutan.

Property and equipment are retired or sold are removedfrom the assets accumulated depreciation. Gains orlosses from sales of fixed assets is recorded in theincome statement for the year.

Entitas mengakui kerugian penurunan Aset jika nilaitercatatnya melebihi nilai yang dapat diperoleh kembali.Pada tanggal neraca, entitas melakukan penelaahanuntuk menentukan apakah terdapat indikasi pemulihanatas penurunan nilai Aset yang telah diakuisebelumnya.

The Company recognized impairment losses on assetsif its carrying value exceeds the recoverable value. Atbalance sheet date, the Company conducts a review todetermine whether there is any indication of impairmentof asset recovery that has been recognized previously.

Beban ditangguhkan merupakan pengeluaran biayayang memberi manfaat lebih dari satu tahun.

Deferred charges are expenditures that benefit morethan one year.

Peralatan Sistem Informasi 3 tahun/years Information System Hardware

Kendaraan Bermotor 4 tahun/years Vehicle

Peralatan/ Perabot Kantor 4 tahun/years Furniture and Office Equipment

Peralatan Operasi 4 tahun/years Operating Tools

Peralatan Operasi Laboratorium Tertentu 4 - 6 tahun/years Particular Laboratory Operating Tools

Bangunan 20 tahun/years Building

Peralatan/ Mesin 8 tahun/years Equipment/ Machinery

Aset TetapMasa Manfaat/

Fixed AssetUseful Life

pihak masing-masing 50%, untuk melakukanpemeriksaan/ verifikasi dalam lingkup fasilitas Industridan perdagangan serta kegiatan lain yang terkaitdengan jasa pemeriksaan/ verifikasi dalam lingkupfasilitas Industri dan perdagangan.

( ) prespectively 50%, to conduct inspection/ verificationwithin the scope of industry and trade facilities as wellas other activities associated with service inspection/verification within the scope of manufacturing andtrading facilities.

Aset tetap dinyatakan sebesar biaya perolehan setelahdikurangi akumulasi penyusutannya.

Fixed assets stated as cost of aquisition lessaccumulated depreciation.

Batas minimum kapitalisasi untuk pengadaan aset tetapsebesar Rp4.000.000 untuk aset tetap yang bermasaguna lebih dari satu tahun, sedangkan pengadaanbarang bermasa guna kurang dari satu tahundibebankan sebagai biaya.

The minimum capitalization for the procurement of fixedassets amounting to Rp4,000,000 for the mass of fixedassets to more than one year, while the massprocurement for less than one year are charged asexpenses.

Kecuali hak atas tanah yang tidak disusutkan, asettetap disusutkan secara bulanan dimulai sejak awalbulan berikutnya setelah dicatat. Penyusutan aset tetapdilakukan berdasarkan metode garis lurus dengan tarifpenyusutan yang sesuai dengan taksiran masa manfaatekonomis tanpa nilai sisa sejak tanggal aset tersebutsiap digunakan dengan penjelasan sebagai berikut:

Except for land rights are not amortized, fixed assetsare depreciated on a monthly basis since the beginningof next month dimukai after note. Depreciation of fixedassets is based on straight line method withdepreciation rates based on the estimated useful liveswith no salvage value from the date the asset is readyfor use with the following explanation:

18


l. Penurunan Nilai Aset l. Impairment Asset

m. Imbalan Pasca Kerja m. Employee Benefit Obligation

n. Pengakuan Pendapatan dan Beban n. Revenue and Expense Recognition


n. Pengakuan Pendapatan dan Beban (Lanjutan) n. Revenue and Expense Recognition (Continued)

Pada akhir periode pembukuan (bulanan/ triwulan/tahunan) terhadap tingkat penyelesaian pekerjaan yangtelah diselesaikan sampai dengan akhir periodepembukuan, pendapatannya dicatat berdasarkan DaftarPerhitungan Pendapatan yang dibuat berdasarkanLaporan Lapangan.

At the end of accounting period (monthly/ quarterly/yearly) on the level of completion of work completed bythe end of accounting period, revenues recordedpursuant to Revenue Calculation made based on FieldReport.

Entitas membukukan kewajiban atas program manfaatkesejahteraan karyawan sesuai dengan Undang-Undang Ketenagakerjaan Nomor 13/2003 sejak tahun2003. Sesuai dengan PSAK Nomor 24 (Revisi 2004)mengenai Imbalan Kerja, kewajiban atas masa kerjalalu diestimasi dengan menggunakan metode Project Unit Credit Method . Penerapan pernyataan tersebuttelah menyebabkan perubahan dalam kebijakanakuntansi entitas. Tidak terdapat pendanaan yangdisisihkan oleh entitas sehubungan dengan estimasikewajiban tersebut

The Company recorded a liability for employee benefitsprogram in accordance with the Employment ActNumber 13/2003 since 2003. In accordance with SFASNumber 24 (Revised 2004) on Employee Benefits, ofpast service liabilities are estimated using the ProjectUnit Credit Method. The implementation has led tochanges in accounting policies. No funding set aside bythe Company in connection with the estimated liability.

Berdasarkan PSAK Nomor 24 (Revisi 2004), bebanmanfaat karyawan diakui langsung, kecuali keuntungan(kerugian) aktuaria dan biaya jasa lalu (non vested ).

Under PSAK Number 24 (Revised 2004), employeebenefit costs are recognized immediately, except forgains (losses) actuarial and past service costs (non-vested).

Pendapatan dicatat berdasarkan invoice atau DebetNota/ Kredit Nota Intern yang telah diterbitkan.

Revenues are recorded based on the invoice or DebitNote/ Credit Note of Intern that have been published.

Pendapatan yang belum dibuat invoice pada akhirperiode dibukukan dalam rekening Pendapatan AkanDiterima. Pendapatan untuk pekerjaan jangka panjangyang diikat dengan surat perjanjian/kontrak, diakui

Revenue that has not made an invoice at the end of theperiod recorded in the income account will be Accepted.Revenues for the long-term jobs are tied with theagreement/ contract, are recognized based on the

lurus berdasarkan masa manfaatnya. method based on useful life.

Apabila terdapat indikasi adanya penurunan potensialatas nilai aset yang disebabkan oleh penurunanestimasi nilai ekonomis yang manfaatnya untuk masadepan, maka entitas akan melakukan penelaahan atasterjadinya penurunan nilai aset. Bila hasil penelaahantersebut menyimpulkan adanya penurunan nilai aset,maka kerugian yang timbul akan diakui pada periodeberjalan.

If there is indication of a potential decline in the value ofassets caused by the decrease in estimated economicvalue of benefits for the future, the Company willconduct a review of impairment of assets. When thereview is concluded that an impairment of assets, thelosses will be recognized during the period.

Entitas mempunyai program imbalan pasca kerjaberupa program Tunjangan Hari Tua (THT) danJaminan Hari Tua (JHT). THT adalah jaminankesejahteraan pensiun dan atau keluarganya dalambentuk pembayaran sekaligus, sedangkan JHT adalahjaminan kesejahteraan pensiun dan atau keluarganyadalam bentuk pembayaran berkala.

The Company has a defined benefit post-employmentbenefits program (THT) and Old Age Security (JHT).THT is a guaranteed pension and welfare or family inthe form of lump sum payment, while the JHT is aguaranteed pension and welfare or family in the form ofperiodic payments.

19


o. Perpajakan o. Taxation

p. Aset dan Liabilitas Keuangan p. Assets and Financial Liabilities

Aset keuangan adalah setiap aset yang berbentuk: Financial assets are any assets that form

- - Financial instruments issued by other entities;

- -


p. Aset dan Liabilitas Keuangan (Lanjutan) p. Assets and Financial Liabilities (Continued)

- -

Jumlah tambahan pokok dan denda pajak yangditetapkan dengan Surat Ketetapan Pajak (SKP)dibebankan sebagai pendapatan atau beban lain-lainpada Laporan Laba Rugi periode berjalan, kecualiapabila diajukan keberatan dan atau banding.

Principal amount of additional tax and penaltiesdetermined by the Tax Assessment Letter (SKP) ischarged as income or other expenses on the Statementof Income for the period, except if objection and orappeal.

Semua perbedaan temporer antara jumlah tercatat asetdan kewajiban dengan dasar pengenaan pajaknyatelah diakui sebagai pajak tangguhan dengan metodekewajiban (liability ). Pajak tangguhan diukur dengantarif pajak yang berlaku saat ini.

All temporary differences between the carrying amountsof assets and liabilities and their tax bases has beenrecognized as deferred tax liability method (liability).Deferred tax is calculated at tax rates prevailing atpresent time.

Saldo rugi fiskal yang dapat dikompensasi diakuisebagai aset pajak tangguhan apabila besarkemungkinan bahwa jumlah laba fiskal pada masamendatang akan memadai untuk dikompensasi.

Retained loss carry forward are recognized as deferredtax assets if it is probable that taxable profit in future willbe available against.

Koreksi terhadap kewajiban perpajakan diakui saatsurat ketetapan pajak diterima atau jika mengajukankeberatan, pada saat keputusan atas keberatantersebut telah ditetapkan.

Amendments to tax obligations are recorded when anassessment is received or, if appealed against, whenthe decision of the appeal is determined.

Instrumen keuangan yang diterbitkan oleh entitas lain;

Contractural rights, (i) to receive cash or anotherfinancial asset from another entity (ii) to exchangefinancial assets or financial liabilities with anotherentity with a potentially favorable conditions suchentities;

Hak kontraktural, (i) untuk menerima kas atau asetkeuangan lainnya dari entitas lain (ii) untukmempertukarkan aset keuangan atau kewajibankeuangan dengan entitas lain dengan kondisi yangberpotensi menguntungkan entitas tersebut;

Kontrak yang akan atau mungkin diselesaikan denganmenggunakan instrumen ekuitas yang diterbitkan olehentitas dan merupakan: (i) non-derivatif dimanaentitas harus atau mungkin diwajibkan untukmenerima suatu jumlah yang bervariasi dari instrumen

Contract that will or may be resolved by using theequity instruments issued by entities and are: (i) non-derivative in which the entity must or may be requiredto receive an amount that varies from equityinstruments issued by entities, or (ii) derivatives that

y g g p j jberdasarkan metode tingkat/persentase penyelesaian(percentage of completion method ). Pada akhir periodeakuntansi, untuk pekerjaan yang masih dalampelaksanaan dibuat perhitungan persentase tingkatpenyelesaian pekerjaan untuk menentukan pendapatanoperasi yang diakui dan beban operasi yang harusdiakui sampai dengan penutupan buku. Sedangkanuntuk pendapatan yang tidak diikat dengan kontrak ataubersifat spot order, pengakuan pendapatan melaluiinvoice yang sudah terbit.

g , gmethod level/ percentage of completion (percentage ofcompletion method). At the end of the accountingperiod, to work still in progress was made in calculatingthe percentage of completion of work to determine thelevel of operating income recognized and operatingexpenses which shall accrue until the closing of books.As for the revenue that is not bound by the contract orthe nature spot orders, recognition of revenue throughthe invoices that have been published.

Beban diakui pada periode dimana beban tersebutmemberikan manfaat. Pendapatan dan beban rutinyang bukan berkenaan dengan usaha pokok entitasditampung dalam rekening “Pendapatan dan Biaya Lain-lain Diluar Usaha”.

Expenses are recognized in the period in which the costprovide benefits. Income and expenses not related tothe routine business of the Company subject toaccommodated in the account of "Income and OtherCosts Business Beyond".

20


- -

- -- -

- -

- -

- -

- -

- -


p. Aset dan Kewajiban Keuangan (Lanjutan) p. Assets and Financial Liabilities (Continued)

- -

- -

Setelah pengakuan awal, entitas akan mengukuraset keuangan pada nilai wajarnya, tanpa harusdikurangi biaya transaksi yang mungkin timbul padasaat penjualan atau pelepasan lainnya, kecuali:

Pinjaman yang diberikan atau piutang diukurpada biaya perolehan diamortisasi denganmenggunakan suku bunga efektif;

Loans or receivables are measured at amortized costusing the effective interest rate;

Investasi dimiliki hingga jatuh tempo diukurdengan biaya perolehan diamortisasi dengan

Investments held to maturity are measured atacquisition cost is amortized using the effective interest

Entitas menetapkan ketentuan sebagai berikut: The Company provides the following provisions:

Pada saat pengakuan awal, aset keuangan diukurpada nilai wajarnya. Untuk kelompok aset keuanganyang tidak diukur pada nilai wajar melalui laporanlaba rugi, nilai wajar tersebut ditambah biayatransaksi yang dapat diatribusikan secara langsungdengan perolehan atau penerbitan aset keuangantersebut;

Aset keuangan dikelompokkan menjadi empat kategoriberikut:

Financial assets are grouped into four categories:

Aset keuangan dan liabilitas keuangan yang diukurpada nilai wajar melalui laporan laba rugi, yaitu asetkeuangan atau kewajiban keuangan yang memenuhisalah satu kondisi berikut:

Diklasifikasikan dalam kelompok diperdagangkan.Pada saat pengakuan awal telah ditetapkan olehentitas untuk diukur pada nilai wajar melalui laporanlaporan laba rugi.

j y gekuitas yang diterbitkan oleh entitas, atau (ii) derivatifyang akan atau mungkin diselesaikan selain denganmempertukarkan sejumlah tertentu kas atau asetkeuangan lain dengan sejumlah tertentu instrumenekuitas yang diterbitkan entitas.

y , ( )will or may be settled other than by exchanging acertain amount of cash or other financial assets witha certain amount of equity instruments issued byentities.

Financial assets and financial liabilities measured at fairvalue through profit and loss,ie financial assets orfinancial liabilities that meet one of the followingconditions:

Classified as trading.At the time of initial recognition has been establishedby the company to be measured at fair value throughprofit or loss.

Investasi dalam kelompok dimiliki hingga jatuh tempo,yaitu aset keuangan non-derivatif denganpembayaran tetap atau telah ditentukan dan jumlahjatuh temponya telah ditetapkan serta entitasmempunyai intensi positif dan kemampuan untukmemiliki aset keuangan tersebut hingga jatuh tempo;

Investments held to maturity, ie non-derivative financialassets with fixed payments or have been determinedand the amount of maturity has been established andthe company has the positive intention and ability tohold the financial assets to maturity;

Pinjaman yang diberikan dan piutang, yaitu asetkeuangan non-derivatif dengan pembayaran tetapatau telah ditentukan dan tidak mempunyai kuotasi dipasar aktif;

Aset keuangan yang diklasifikasikan dalam kelompoktersedia untuk dijual.

Loans and receivables, ie non-derivative financialassets with fixed payments or have been determinedand has no quotation in active market;

Financial assets classified as available forsale.

At the time of initial recognition, financial assets aremeasured at fair value. For the group of financial assetsthat are not measured at fair value through profit andloss,fair value is plus transaction costs that aredirectlyattributable to the acquisition or issuance of suchfinancial assets;

After initial recognition, the company willmeasurefinancial assets at fair value, without deducting thetransaction costs that may arise upon the sale or otherdisposition, except:

21


- -

-

-

-

-


p. Aset dan Liabilitas Keuangan (Lanjutan) p. Assets and Financial Liabilities (Continued)

Keuntungan atau kerugian atas aset keuanganyang diklasifikasikan sebagai instrumen yangdiukur pada nilai wajar melalui laporan laba rugidiakui pada laba rugi;

Gains or losses on financial assets are classified asinstruments measured at fair value through profit and lossrecognized in earnings;

menggunakan suku bunga efektif dan; rate and;

Keuntungan atau kerugian atas aset keuanganyang diklasifikasikan sebagai kelompok tersediauntuk dijual diakui secara langsung dalamekuitas. Deviden atas instrumen ekuitas yangdiklasifikasikan dalam kelompok tersedia untukdijual diakui pada laporan laba rugi ketika hakentitas untuk memperoleh pembayaran atasdividen tersebut sudah ditetapkan;

Gains or losses on financial assets classified as availablefor sale are recognized directly in equity. Dividends onequity instruments classified as available for sale arerecognized in the income statement when the entity's rightto obtain payment of the dividend was alreadyestablished;

Untuk aset keuangan yang dicatat pada biayaperolehan yang diamortisasi, keuntungan ataukerugian diakui pada laporan laba rugi ketika asetkeuangan dihentikan pengakuannya ataumengalami penurunan nilai dan melalui prosesamortisasi. Jumlah kerugian tersebut diukursebagai selisih antara nilai tercatat aset dengannilai kini estimasi arus kas masa depan yangdidiskonto dengan menggunakan suku bungaefektif dari aset tersebut. Nilai tercatat tersebutdikurangi, secara langsung maupunmenggunakan pos cadangan. Jumlah kerugianyang terjadi diakui pada laporan laba rugi. Jikapada periode berikutnya, terjadi pemulihan nilaimaka kerugian tadi dapat diakui sebagaikeuntungan pada laporan laba rugi, tapipemulihan tersebut tidak boleh mengakibatkannilai tercatat aset keuangan melebihi biayaperolehan diamortisasi sebelum adanyapengakuan penurunan nilai;

For financial assets carried at cost which is amortized,gains or losses are recognized in earnings when thefinancial asset is derecognized or impaired, and throughthe amortization process. Total loss is measured as thedifference between the carrying value of assets with apresent value of estimated future cash flows discountedusing the effective interest rate of the asset. The carryingamount is reduced, either directly or by post backup. Totalloss is recognized in earnings. In the next period, therewas recovery of the value of the loss can be recognized asgain in earnings, but the recovery may not result in thecarrying value of financial assets exceeds the cost oramortized prior to the recognition of impairment;

For financial assets carried at cost, is equity instrumentsthat do not have the quotation and not measured at fairvalue, the impairment loss is measured as the differencebetween the carrying value of financial assets with thepresent value of estimated future cash flows discounted atthe prevailing rate of return in the market for a similarfinancial asset. The impairment loss is not recoverable.

Untuk aset keuangan yang dicatat pada biayaperolehan, yaitu instrumen ekuitas yang tidak memilikikuotasi dan tidak diukur pada nilai wajar maka kerugianpenurunan nilai diukur berdasarkan selisih antara nilaitercatat aset keuangan dengan nilai kini dari estimasiarus kas masa depan yang didiskontokan pada tingkatpengembalian yang berlaku di pasar untuk aset

Investasi dalam instrumen ekuitas yang tidakmemiliki kuotasi harga di pasar aktif dan nilaiwajarnya tidak dapat diukur secara andal, diukurpada biaya perolehan.

Investments in equity instruments that do not havequoted prices in active market and their fair value cannot be measured reliably, are measured at cost.

Keuntungan atau kerugian yang timbul dariperubahan nilai wajar aset keuangan diakui sebagaiberikut:

Gains or losses arising from changes in fair value offinancial assets are recognized as follows:

22


q. Segmen Usaha q. Business Segment

3. KAS DAN SETARA KAS 3. CASH AND CASH EQUIVALENTS

Rincian dari kas dan setara kas sebagai berikut : Details of cash and cash equivalents as follows:

Kas: In Cash:Kas Rupiah Cash RupiahKas US Dollar Cash in US Dollar

Sub Total Sub Total

Bank Rupiah: Bank In Rupiah:PT Bank Negara Indonesia PT Bank Negara Indonesia

(Persero) Tbk. Persero) Tbk.PT Bank Mandiri (Persero) Tbk PT Bank Mandiri (Persero) Tbk.PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia

(Persero) Tbk. (Persero) Tbk.PT Citibank Indonesia PT Citibank Indonesia PT Bank Niaga Tbk. PT Bank Niaga Tbk.Bank Pembangunan Daerah Bank Pembangunan DaerahBank Lainnya Other Bank

Sub Total Sub Total

Bank US Dollar: Bank in US Dollar:PT Bank Negara Indonesia PT Bank Negara Indonesia(Persero) Tbk. (Persero) Tbk.PT Bank Mandiri (Persero) Tbk. PT Bank Mandiri (Persero) Tbk.PT Citibank Indonesia PT Citibank Indonesia PT Bank Niaga Tbk. PT Bank Niaga Tbk.

Sub Total Sub Total

Transfer Bank Droping Transfer Bank DropingTransfer dalam Perjalanan Deposit in transit

Sub Total Sub Total3. KAS DAN SETARA KAS (Lanjutan) 3. CASH AND CASH EQUIVALENTS (Continued)

Deposito Rupiah Time Deposit in RupiahPT Bank Negara Indonesia PT Bank Negara Indonesia(Persero) Tbk (Persero) Tbk.PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia(Persero) Tbk. (Persero) Tbk.PT Bank Mandiri (Persero) Tbk. PT Bank Mandiri (Persero) TbkPT Bank Bukopin Tbk PT Bank Bukopin Tbk.

Sub Total Sub Total

10,000,000 10,000,000

60,570,000,000 11,410,000,000

22,500,000,000 2,000,000,000

36,060,000,000 3,900,000,000 2,000,000,000 5,500,000,000

(101,025,123) 200,000,000 26,248,037,800 793,695,262

26,147,012,677 993,695,262

3,882,043,092 5,407,763,543 145,624,050 383,608,837

27,038,960,677 25,950,614,581

31 Desember 2011 31 Desember 2010Rp Rp

111,587,153,202 50,526,625,906

3,186,957,468 2,061,537,293 19,824,336,067 18,097,704,908

833,304 32,146,625 5,339,173,850 1,987,235,400 2,186,640,438 2,825,816,192

96,503,616,345 25,919,148,124

706,819,214 2,538,721,425 803,213,539 1,982,090,527

378,646,164 460,801,966

2,623,916,928 2,061,406,487

6,046,856,512 15,241,467,613


2,245,270,764 1,600,604,521

financial asset. The impairment loss is not recoverable.p g y g pkeuangan yang serupa. Kerugian penurunan nilaitersebut tidak dapat dipulihkan.

Informasi pelaporan segmen usaha disajikan untukmenunjukkan hasil usaha grup yang berasal dari tiapsegmen berdasarkan bidang usaha.

Information on business segments is presented to showthe results of operations of the group originating from eachsegment based business field.

23


Deposito USD Time Deposit in RupiahPT Bank Rakyat Indonesia PT Bank Rakyat Indonesia(Persero) Tbk (Persero) Tbk.PT Bank Mandiri (Persero) Tbk. PT Bank Mandiri (Persero) Tbk.

Sub Total Sub TotalTotal Total

Bunga Deposito Interest RateJangka Waktu Tenor

4. PIUTANG USAHA 4. ACCOUNT RECEIVABLES

a. Menurut Sektor a. Business Sector

Sektor AGRI AGRl SectorSektor INCO INCO SectorSektor MIN MIN SectorSektor MIGAS MIGAS SectorSektor FINS FINS SectorSektor RKT RKT SectorSektor KKL KKL SectorSektor SICS SICS SectorSektor PII PII SectorSektor JUM JUM SectorPT Sucofindo Advisory Utama PT. Sucofindo Advisory UtamaPT Sucofindo Logistics PT. Sucofindo LogisticsPT Sucofindo Episi PT. Sucofindo EpisiPos Silang Piutang Usaha Cross Post Trade ReceivablesPos Silang PPh Psl 23 Cross Post Income Tax Article 23Pos Silang Virtual Account Cross Post Virtual Account

Total Piutang Usaha Kotor Gross TotalPenyisihan Piutang Usaha Allowance for Doubtful Accounts

Total Total

4. PIUTANG USAHA (Lanjutan) 4. ACCOUNT RECEIVABLES (Continued)

b. Menurut Umur Piutang b. Presented as per Age

0 - 180 hari 0 – 180 days180 hari - 1 tahun 180 days – 1 year1 tahun - 2 tahun 1 year - 2 yearsLebih dari 2 tahun More than 2 yearsDikurangi : Penyisihan Less: Allowance for DoubtfulPiutang Tidak Tertagih Accounts

17,070,621,871 12,268,747,856 9,928,522,594 10,707,971,353

25,439,710,158 22,127,243,533


197,685,552,418 169,426,395,163

(39,949,332,072) (34,094,847,737)

210,175,074,969 180,435,510,168

773,118,218 773,118,218 1,341,668,277 2,489,723,459

(855,404,125) (2,435,707,269)

1,916,438,483 1,748,105,742 30,722,959,985 34,893,062,659

6,401,625,001 4,105,278,020

(39,949,332,072) (34,094,847,737)

6,235,022,719 9,452,736,863 6,140,012,811

67,945,838,057 65,369,028,683 16,529,888,785 14,301,132,881

10,848,892,612

9,509,147,306 8,381,958,340

Rp Rp8,186,019,473 11,190,772,268

13,240,651,048 12,250,385,197

250,124,407,041 214,530,357,905

40,450,505 - (50,186,760) -

Saldo Transfer Bank Dropping disebabkan adanyaperbedaan periode yaitu pada saat penerbitan BPUKdiaplikasi AP pada akhir bulan dan telah membentuk jurnaldiaplikasi GL sedangkan proses dropping dari Kantor Pusatdilakukan pada periode berikutnya. Saldo Transfer DalamProses disebabkan karena perbedaan waktu kontribusi keCabang oleh Kantor Pusat.

Balance Transfer Bank Dropping due to different periodsbetween the time of printing through the AP application at theend of the month which is already formed and the entryjournal in GL application while the process of dropping fromthe Head Office was made in the following period. TheBalance Transfer Process was caused by the timedifferences contribution of the Head Office to the Branch

Transfer dalam perjalanan sebesar Rp26.248.037.800merupakan kontribusi dari Cabang ke Kantor Pusat yangditerima awal bulan Januari 2012.

Transfers in transit amounting to Rp26,248,037,800 iscontributed by the Branch to Head Office which is received inthe early of January 2012.

31 Desember 2011 31 Desember 2010

6% 6%1-3 Bulan 1-3 Month

232,600,179,484 90,942,342,236

75,247,752,279 47,961,275,211

783,815,000 3,849,321,000 -

4,633,136,000 -

-

24


Total Total

Saldo Awal 1 Januari Beginning Balance January 1Penambahan/Penyesuaian: Addition/ Adjustment:Entitas CompanyAnak entitas Subsidiaries Company

Total Total

5. PENDAPATAN AKAN DITERIMA 5. ACCRUED INCOME

Sektor AGRI AGRl SectorSektor INCO INCO SectorSektor MIN MIN SectorSektor MIGAS MIGAS SectorSektor FINS FINS SectorSektor RKT RKT SectorSektor KKL KKL Sector

5,680,991,571 2,995,963,230 173,492,764 80,406,639

856,540,500 1,254,742,357

- 33,145,302 65,032,459,295 33,212,528,662

126,773,534 309,039,335 2,320,842,291 2,012,866,255

18,821,629,783 13,172,573,450

Merujuk pada PSAK 50 & 55, piutang usaha yang berumurlebih dari 1 (satu) tahun harus diamortisasi sebesar tingkatbunga efektif yang dalam hal ini ditetapkan 10%.Manajemen melakukan penyisihan lebih besar daripadayang dipersyaratkan oleh PSAK 50 & 55.

Referring to the aplication of PSAK 50 & 55, accountsreceivable outstanding for more than one year are amortisedat the effective interest rate 10%. Management determinedthe provision of uncollectible accounts more than the onemandated by PSAK 50 & 55.


34,094,847,737 31,018,477,868

3,679,616,041 4,133,685,144

210,175,074,969 180,435,510,168

Rincian pendapatan akan diterima berdasarkan sektoradalah sebagai berikut:

Details of the revenue will be accepted by sector were asfollows:


39,949,332,072 34,094,847,737

Piutang usaha ini dipergunakan sebagai jaminan atasfasilitas pinjaman diterima Perseroan dari Bank Mandiri danBank Rakyat Indonesia (Catatan15). Manajemenberpendapat bahwa penyisihan piutang tidak tertagihkepada pihak ketiga adalah cukup untuk menutup kerugianyang mungkin timbul dari tidak tertagihnya piutang tersebut.

Trade receivables are used as collateral for loans receivedby the Company from Bank Mandiri and Bank RakyatIndonesia (Note 15). Management believes that theallowance for doubtful accounts to third parties is adequateto cover possible losses from uncollectible accounts.

25


Sektor SICS SICS SectorSektor PII PII SectorSektor JUM JUM SectorPT Sucofindo Logistics PT Sucofindo LogisticsPAD lainnya Other Accrued Income

Total Total

6. PIUTANG LAINNYA 6. OTHER RECEIVABLES

Piutang Afiliasi: Receivable to Related Parties:Piutang SGS Geneva Receivable of SGS GenevaPiutang SGS Singapore Receivable of SGS SingaporePiutang PT Qualitech Perdana Receivable of PT Qualitech PerdanaPenyisihan Piutang Allowance of

PT Qualitech Perdana PT Qualitech PerdanaPiutang PT SPRINT Konsultan Receivable of PT SPRINT KonsultanPiutang Koperasi Pegawai Employee CooperatativePiutang KSO Receivable of Joint OperationPiutang Afiliasi Lainnya Others Related Parties

5,440,814,451 5,687,727,642 1,745,547,520 1,402,887,536

- 50,395,760 2,980,489,674 24,280,382

2,331,270,421 2,057,267,573 1,999,860,864 1,999,860,864

(1,999,860,864) (1,999,860,864)


11,686,207,829 9,186,034,210

Pendapatan akan diterima dari operasi Sektor RKT per31 Desember 2011 dan 2010 masing-masing sebesarRp65.032.459.295 dan Rp33.212.528.662 yang sebagianpendapatan berasal dari proyek e-KTP, PT ConocoPhilips Inc, BP Berau, CNOOC Ltd, PT Pertamina HuluEnergy. Pendapatan akan diterima yang diterima darisektor Mineral per 31 Desember 2011 dan 2010 masing-masing sebesar Rp18.821.629.783 danRp13.172.573.450 yang sebagian besar pendapatanberasal dari PT Kaltim Prima Coal atas pekerjaanBorecore Analysis senilai Rp2.643.624.688. Pendapatanakan diterima yang diterima dari Sektor PII per 31Desember 2011 dan 2010 masing-masing sebesarRp11.818.899.995 dan Rp7.851.076.665 yang sebagianbesar pendapatan berasal dari PT PLN (Persero)sebesar Rp2.360.076.903 dan PT Inpex Masela, Ltd.sebesar Rp2.000.000.000 atas kegiatan pemeriksaanTingkat Kandungan lokal Dalam Negeri (TKDN).

Accrued income from RKT Sector operations per December31, 2011 and 2010 respectively Rp65,032,459,295 andRp33,212,528,662 that part of revenue derived from projecte-KTP, PT Conoco Philips Inc., BP Berau, CNOOC Ltd., PTPertamina Hulu Energy. Accrued income from the sectorMinerals per December 31, 2011 and 2010 respectively andRp18,821,629,783 and Rp13,172,573,450 income comesmostly from PT Kaltim Prima Coal for Analysis Borecore jobworth Rp2,643,624,688. Accrued income will be acceptedfrom Sector PII per December 31, 2011 and 2010respectively by Rp11,818,899,995 and Rp7,851,076,665,mostly derived from the income of PT PLN (Persero)amounting to Rp2,360,076,903 and PT Inpex Masela, Ltd..amounting to Rp2,000,000,000 for activities of DomesticLocal Content Inspection (TKDN).

2,653,637,080 4,288,155,755 - -

117,239,112,426 74,421,988,481

Pendapatan akan diterima lainnya masing-masingsebesar Rp11.207.813.907 dan Rp7.148.392.587merupakan bagi hasil yang belum dibayarkan ataskerjasama antara entitas dan PT Surveyor Indonesiadalam kegiatan verifikasi atau Penelusuran Teknis Import(PTI).

Other accrued income by Rp11,207,813,907 andRp7,148,392,587 is for the results that have not been paidfor the cooperation between the Company and PT SurveyorIndonesia in verification activities or Tracing Technical Import(PTI).

720,900,000 1,005,782,969 11,818,899,995 7,851,076,665

11,207,813,907 7,148,392,587

26


Penyisihan Piutang Afiliasi Allowance

Sub Total Sub Total

Piutang Non Afiliasi: Receivable Non Affiliation:Piutang Pegawai Officer receivablePiutang Pihak Ketiga Lainnya Other third parties receivable


7. UANG MUKA KERJA 7. ADVANCES

Uang muka kerja operasi Advance payment for operationalUang muka perjalanan dinas Advance payment for business travelUang muka pembelian Advance payment for purchasingUang muka asuransi Advance payment for insuranceUang muka lainnya Other advance payment

Total Total

- 2,250,000

10,819,108,865 11,081,609,666

8,200,896,636 9,170,074,984 977,059,099 1,006,573,766

- 902,710,916

Saldo uang muka yang akan dipertanggungjawabkan/diperhitungkan setelah selesainya pekerjaan bersangkutan,terdiri atas:

The balance of advances that will be accounted/calculatedafter the completion it's work, consisted of:


1,641,153,130 -

Piutang SGS Singapore pada 31 Desember 2011 dan 2010masing-masing sebesar Rp2.331.270.421 danRp2.057.267.573 adalah piutang melalui hubunganRekening Koran .

Receivable of SGS Singapore as of December 31, 2011 and2010 respectively amounting to Rp2,331,270,421 danRp2,057,267,573 are receivable from bank accounttransaction of related parties.

Piutang PT Qualitech Perdana (Entitas Afiliasi) pada 31Desember 2011 sebesar Rp1.999.860.864 telah disisihkan100% karena entitas telah menghentikan kegiatanoperasinya dan pada saat ini sedang dalam proseslikuidasi.

Receivables PT Qualitech Prime (Affiliated Company) atDecember 31, 2011 amounted to Rp1,999,860,864 has setaside 100% since the Company has suspended itsoperations and is currently in the process of liquidation.

Piutang PT SPRINT Konsultan pada 31 Desember 2011dan 2010 masing-masing sebesar Rp5.440.814.451 danRp5.687.727.642 adalah piutang yang timbul dengan PTSPRINT (entitas Afiliasi) dari hubungan kegiatan,diantaranya adalah tagihan biaya pegawai perbantuan,tagihan biaya pemakaian aset tetap dan sebagainya.

PT SPRINT Konsultan receivable on December 31, 2011and 2010 respectively Rp5,440,814,451 danRp5,687,727,642 and are receivables arising with PTSPRINT (Affiliated Company) of the relationship of activities,such as billing Additional employee costs, charges of fixedassets and so forth.

10,390,369,368 3,284,774,401 34,574,699,263 20,999,230,243

Piutang SGS Geneva pada 31 Desember 2011 dan 2010masing-masing sebesar Rp11.686.207.829 danRp9.186.034.210 adalah piutang melalui hubunganRekening Koran.

Receivables of SGS Geneva as per December 31, 2011 and2010 respectively amounting to Rp11,686,207,829 andRp9,186,034,210 is receivable from bank accounttransaction of related parties.

24,184,329,895 17,714,455,842

459,191,642 447,398,387 9,931,177,726 2,837,376,014

- (694,137,261)

27


8. PERSEDIAAN 8. INVENTORIES

Bahan Operasi Operational MaterialsSektor AGRI AGRl SectorSektor INCO INCO SectorSektor MIN MIN SectorSektor MIGAS MIGAS SectorSektor FINS FINS SectorSektor RKT RKT SectorSektor KKL KKL SectorSektor JUM JUM SectorJasa lainnya Other service

Sub Total Sub TotalATK dan Cetakan StationariesBarang Dalam Perjalanan Goods in Transit

Total Total

9. BIAYA DIBAYAR DIMUKA 9. PREPAID EXPENSES

9. BIAYA DIBAYAR DIMUKA (Lanjutan) 9. PREPAID EXPENSES (Continued)

Biaya Pegawai: Labor:Tunjangan kendaraan Vehicle allowanceTunjangan hari raya Day allowanceTunjangan cuti Leave allowanceAsuransi pegawai Insurance employees

Biaya Operasional: Direct Operating:Biaya bahan operasi Operating suppliesBiaya sub kontraktor Operating contactBiaya operasi lainnya Other Operating expenseBiaya penunjang operasi Operating support

Biaya fasilitas: Facilities expenses:

- 264,128,053 832,061,958 3,058,160,272 819,529,040 3,254,366,194

- 27,542,304 188,339,025 16,565,771

127,130,008 166,969,040

Rp Rp

- 159,798,439 - 48,206,362

Persediaan tersebut berada pada lokasi-lokasi kerja entitasdi seluruh Indonesia. Berdasarkan penelaahan terhadapkondisi persediaan pada akhir tahun, manajemen entitasberpendapat bahwa nilai tercatat persediaan tidak melebihinilai realisasi bersihnya.

Inventories are located at company work sites through outIndonesia. Based on a review of the condition of inventoriesat the end of the year, management believes that thecarrying value of inventories does not exceed their netrealizable value.


Saldo biaya dibayar dimuka merupakan biaya-biaya yangtelah dibayar pada periode berjalan dan akan menjadibeban periode berikutnya. Saldo per 31 Desember 2011dan 2010 terdiri atas:

The balance of prepaid expenses represent costs that havebeen paid in the current period and will be due next period.Balance as of December 31, 2011 and 2010 are as follows:

1,173,861,555 1,557,559,690 3,124,557,346 4,037,435,581

18,299,265,857 18,577,788,605

5,918,215,474 6,250,415,175 2,300,958 26,592,058

14,000,846,956 12,982,793,334

- 400,250 911,065,607 1,203,141,036 107,227,335 46,616,059

210,083,661 311,064,610 6,556,054,955 4,900,618,405

189,119,036 186,816,323


106,779,930 57,129,418

Saldo persediaan bahan operasi dan barang cetakan per31 Desember 2011 dan 2010 terdiri dari:

The balance of inventories and printed good as of 31Decembe 2011 and 2010 are consist of:

28


Biaya asuransi InsuranceBiaya perawatan MaintenanceBiaya sewa Rent

Biaya Lainnya: Others Expenses:PT Sucofindo Advisory Utama PT Sucofindo Advisory UtamaPT Sucofindo Episi PT Sucofindo EpisiLainnya Others

Total Total

10. PERPAJAKAN 10. TAXATION

a. Uang Muka Pajak a. Prepaid Taxes

Uang Muka Pajak: Prepaid Taxes:Entitas Induk Parent Company

PPh Pasal 23 Income Tax Article 23PPN Masukan VAT InputPPh Pasal 28A (PPh Badan Income Tax Article 28A (Corporate

Tahun 2010) Income Tax Year 2010)PPh Pasal 28A (PPh Badan Income Tax Article 28A (Corporate

Tahun 2006 – 2007) Income Tax Year 2006 - 2007)

Sub Total Sub TotalEntitas Anak: Subsidiaries Company:

PPN Masukan VAT InputPPh Pasal 22 Income Tax Article 22PPh Pasal 23 Income Tax Article 23PPh Pasal 28A Income Tax Article 28APPh Pasal 29 Income Tax Article 29


10. PERPAJAKAN (Lanjutan) 10. TAXATION (Continued)

a. Uang Muka Pajak (Lanjutan) a. Prepaid Taxes (Continued)

b. Utang Pajak b. Tax Payables

226,505,066 262,218,847 48,858,314,978 56,438,407,142

Saldo uang muka pajak entitas Induk terdiri dari uangmuka PPh pasal 23 per tanggal 31 Desember 2010sebesar Rp3.457.835.278 yang merupakan kredit pajakatas PPh 23 yang sudah dibayar namun belum dapatdiperhitungkan dalam kredit pajak badan dikarenakanbukti potong belum diterima entitas. Sedangkan saldountuk PPh Pasal 28A (saldo lebih bayar PPh Badan)sebesar Rp17.016.422.741 merupakan saldo lebihbayar PPh Badan tahun 2010 sedangkan saldo PPhBadan sebesar Rp6.230.502.592 merupakan saldolebih bayar PPh Badan tahun 2006 – 2007.

The balance of tax advances consist of the Parent Companyadvances article 23 as at 31 December 2010 amounted toRp3,457,835,278 which is a tax credit for income tax 23which has been paid but not yet taken into account incorporate tax credits cut because the evidence has not beenreceived by the Company. While the balance to income taxof Article 28A (the balance of over payment of corporateincome tax) amounting to Rp17,016,422,741 represents thebalance of income tax overpayments in 2010 while thebalance of income tax amounting to Rp6,230,502,592represents outstanding goverpayment of income tax yearfrom 2006 to 2007

48,631,809,912 56,176,188,295

71,175,425

138,419,484 191,043,422

- 17,016,422,741

22,568,787,134 6,230,502,592

Rp Rp

- 3,457,835,278 26,063,022,778 29,471,427,684

2,725,385 34,423,636 -

3,091,652 - 47,844,909 -


676,345,108 88,290,745 1,476,480,000 -3,208,256,437 806,909,724

397,204,607 180,272,416 617,416,858 1,201,818,388

2,572,047,978 2,541,912,818

10,914,811,019 11,814,940,526

29


Utang Pajak: Tax PayablesEntitas Induk: Parent Company:

PPh Pasal 21 Income Tax Article 21PPh Pasal 23 Income Tax Article 23PPh Pasal 26 Income Tax Article 26PPh Pasal 29 Income Tax Article 29PPN Keppres 56 Wapu VAT Keppres 56 WapuPajak Lainnya Others Tax

Sub Total Sub Total

Entitas Anak: Subsidiaries Company:PPh Pasal 21 Income Tax Article 21PPh Pasal 23 Income Tax Article 23PPh Badan Corporate Income TaxPPh Pasal 25 Income Tax Article 25PPN Keluaran VAT OutputPajak Lainnya Others Tax


c. Beban Pajak Kini c. Current Tax Expenses

Entitas Induk: Parent Company:Pajak Kini Current TaxBeban (Manfaat) Pajak

Tangguhan Deferred Tax Expense (Income)

Sub Total Sub Total

Entitas Anak: Subsidiaries Company:Pajak Kini Current TaxBeban (Manfaat) Pajak

Tangguhan Deferred Tax Expense (Income)



d. d.

Entitas Induk: Parent Company:Laba Induk Sebelum Pajak Parent Income before tax

Perbedaan Waktu: Temporary Difference:Penyusutan aset tetap Depreciation of fixed assetsPenyisihan piutang tak

tertagih Allowance for doubtful accountPencadangan beban

manfaat pasca kerja Allowance for post retirement BenefitPiutang yang dihapuskan Receivable written off-

(12,255,177,894) (7,730,190,550)

5,680,991,571 2,087,819,542

45,038,841,490 19,867,535,582


108,197,965,876 60,762,430,672

2,162,295,007 777,179,629 33,689,631,759 21,713,025,947

Rekonsiliasi antara Laba sebelum PPh dan TaksiranPenghasilan Kena Pajak

The reconciliation between income before Tax andTaxable Income Estimation

31,527,336,752 20,935,846,318

945,123,135 656,066,846

1,217,171,872 121,112,783

Rp Rp

39,842,994,250 20,378,238,000

(8,315,657,499) 557,608,318

2,518,461,821 3,474,539,425 27,269,455,308 10,822,424,745


900,000 -1,484,071,925 1,597,333,451

238,118,807 1,166,218,244

398,031,471 143,943,450 116,301,096 307,399,161 281,038,522 259,645,119

311,161,879 56,959,991 3,432,655,934 3,417,982,409

24,750,993,487 7,347,885,320

936,083,760 660,033,892 112,661,453 110,982,142


5,702,660,607 3,101,926,886

- 14,255,769,854

30


Pembayaran manfaat pascakerja Employee Benefit Obligation

Jumlah Perbedaan Waktu Total Time Difference

Perbedaan Permanen: Permanent Different:Pendapatan jasa property Income of service propertyBunga deposito dan jasa giro Deposit Interest and giro serviceBiaya operasi dan usaha Operation and

property property expenseBiaya rekreasi dan olah raga Recreation and sport ExpenseBiaya sanksi administrasi Administration finalty expenseBiaya entertainment Entertainment expensesBiaya penyerahan Delivery expenseBiaya dana sosial/

sumbangan Donation expenseBiaya canvassing Canvassing expensesBiaya penghargaan dan Appreciation

uang duka and compassionate expenseBiaya perayaan Celebration expense'Biaya pajak final Final tax expenseBiaya denda pajak Pinalty tax expenseBiaya keberatan pajak Objection tax expenseBiaya perawatan dan Treatment and board of

kendaraan direksi directors vehicle expenseBiaya sewa dan perawatan Rent and treatment of

rumah dinas house on duty expenseBiaya representasi Representation expenseBiaya relasi Relation expenseBiaya poliklinik Polyclinic expenseBiaya gaji direksi terkait Related board of directors salary

penghasilan sewa final expense of final rental income

Total perbedaan tetap Total of permanent differencesPenghasilan kena pajak Taxable incomePenghasilan Kena Pajak

(dibulatkan) Taxable income (rounded up)


d. d.

Tarif PPh Pasal 29, 25% Income Tax Article 29, 25%

Beban Pajak Kini Current Tax Expense

Dikurangi pajak penghasilandibayar di muka: Less prepaid income taxes :Pasal 23 Article 23Pasal 25 Article 25

-

159,371,977,627 81,512,952,146

25,690,802,122 23,803,159,409 - 13,591,501,332

1,208,213,282 840,775,348 123,287,293 272,018,602

860,750,067 837,634,684

- 52,280,459 855,239,455 777,939,506

39,842,994,250 20,378,238,000

3,201,757,074 998,640,722 1,093,488,217 823,937,134 2,177,628,878 1,816,905,572

Rp Rp

39,842,994,250 20,378,238,000

159,371,977,000 81,512,952,000

Perhitungan beban pajak, utang pajak, dan pajakdibayar dimuka adalah sebagai berikut:

The calculation of expenses, tax payables and prepaidtax is as follows:


- 66,469,410

30,321,046,240 13,264,472,546

2,598,497,155 2,333,349,759

2,635,695,651 1,790,659,469 9,547,418,021 3,847,612,954

9,357,468,761 2,842,743,017 - 10,718,016

2,897,300,347 2,300,782,273

(22,598,912,659) (24,172,598,076) 643,896,515 646,036,631

15,189,669,386 17,178,567,066

(17,611,689,656) (6,739,115,646)

129,050,931,387 7,486,048,928

101,039,759 428,609,038

Rekonsiliasi antara Laba sebelum PPh dan TaksiranPenghasilan Kena Pajak (Lanjutan).

The reconciliation between income before Tax andTaxable Income Estimation (Continued).

31


Total Total

Pajak penghasilan kurang Underpayment (overpayment) of(lebih) bayar income tax

e. Aset Pajak Tangguhan e. Deferred Taxes Asset

Dibebankan DiLaporan LabaRugi/ Benefit

(Expense)deferred taxes

in year runs

Entitas Induk :Peny. piutang tak tertagih/ Allowance for doubtfulImbalan pasca kerja/ Employee Benefit Obligation Selisih penyusutan/ Depreciation difference

Sub Total

Entitas Anak/ SubsidiariesPeny. piutang/ Allowance for doubtfulImbalan pasca kerja/ Employee Benefit Obligation Selisih penyusutan/ Depreciation differencePeny. aset sewa / Depreciation leasing

Rugi fiskal/ Loss fiscalAmort. aset lain-lain/ Amort. of other assetLain-lain/ OthersSub TotalTotalKonsolidasi :


f. f.

Entitas Induk : Parent Company

Pembayaran aset sewa guna usaha/Leasing payment

Keterangan/ Description

Pada tanggal 22 Juni 2010, entitas menerima SuratKetetapan Pajak Kurang Bayar (SKPKB) Nomor00015/206/07/051/10 atas PPh Badan tahun pajak2007 sebesar Rp2.798.095.020. Atas surat ketetapankurang bayar tersebut entitas telah mengajukankeberatan melalui surat Nomor 1041/DRUVIII/KAK/2010 tanggal 22 Juni 2010 tentang permohonan Keberatanatas Surat Ketetapan Pajak Kurang Bayar (SKPKB)Pajak Penghasilan Badan Tahun 2007 Nomor00015/206/07/051/10.

On June 22, 2010, the Company received anUnderpayment Tax Assessment Letter (SKPKB)Number 00015/206/07/051/10 for Corporate IncomeTax year 2007 amounting to Rp2,798,095,020.Regarding to the tax underpayment letter, the Companyhas filed an objection through the letter Number1041/DRU-VIII/KAK/2010 June 22, 2010 concerning tothe Application of Objection of Underpayment TaxAssessment Letter (SKPKB) for Corporate Income TaxYear 2007 Number 00015/206/07/051/10

Kemudian pada tanggal 19 Oktober 2010, entitasmenerima beberapa Surat Ketetapan Pajak yang

Then on October 19, 2010, the company receivedseveral Tax Assessments Letter that result from tax

Surat Ketetapan Pajak (SKP) dan Surat TagihanPajak (STP)

Tax Assessment Letter (SKP) and Letter of TaxCollection (STP)

411,261,703

217,709 - - 217,709

22,289,605 1,083,269 - 23,372,874

(29,326,351) (1,370,294) - (30,696,645)

23,742,617,059 7,098,485,627 - 30,841,102,687

63,820,437 1,629,727 - 65,450,164

- 23,675,758,270

(849,667,179) (2,093,072,352) - (2,942,739,531)

8,059,834,698 1,636,987,547 - 9,696,822,245

30,429,840,985

174,874,494 (100,183,270) - 74,691,224

14,904,015,967 8,771,742,303

(26,614,826) 22,619,735 - (3,995,091)

1,628,433,574 (1,217,171,871) -

Balance 2010 Adjustment Balance 2011

952,276,919 (880,383,377) - 71,893,542

Saldo Akhir Penyesuaian Saldo akhir2010/ Ending Tarif/ 2011/ Ending

25,690,802,122 37,394,660,741

14,152,192,128 (17,016,422,741)

Saldo aset pajak tangguhan per 31 Desember 2011adalah sebagai berikut:

Spring deferred taxes asset balance December 31,2011 is as follows:

470,895,587 (260,567,660) - 210,327,928

22,114,183,486 8,315,657,499 -

32


No. Keterangan/ Description Nomor Surat/ Letter Number Jumlah/ Total

00080/406/08/051/1000111/406/06/051/0900052/201/08/051/1000060/203/08/051/1000070/540/08/051/1000021/204/08/051/1000472/207/08/051/1000464/207/08/051/1000465/207/08/051/1000466/207/08/051/1000467/207/08/051/1000107/507/08/051/1000468/207/08/051/1000108/507/08/051/1000469/207/08/051/1000470/207/08/051/1000471/207/08/051/1000472/207/08/051/10

00472/207/08/051/10

00002/177/08/051/10


f. f.

Letter Number

29 Desember 2010/

December 29, 2010

2 0230/DRKXII/Permohonan Keberatan atas Surat Ketetapan Pajak Lebih Bayar (SKPLB) Pajak PenghasilanBadan Tahun 2008 No. 00021/204/08/051/10 tanggal 19 Oktober 2010. Application of Objectionof Overpayment Tax Assessment Letter (SKPLB) for Corporate Income Tax Year 2008 No.00021/204/08/051/10 dated Oktober 19, 2010.

SKPKB PPN atas Pemanfaatan JKP dari LN/ SKPKB VAT on TaxableServices from Utilization of Foreign Affairs (84.752.433)

Keterangan/ DescriptionNoNomor Surat/

Tanggal/ Date

29 Desember 2010/

KAK/2010 December 29, 2010

15 SKPKB PPN September 2008/ SKPKB VAT September 2008 (5.018.182)16 SKPKB PPN Oktober 2008/ SKPKB VAT October 2008 (567.684.414)

13 SKPKB PPN Juli 2008/ SKPKB VAT July 2008 (1.237.112)14 SKPN PPN Agustus 2008/ SKPKB VAT August 2008

11 SKPKB PPN Mei 2008/ SKPKB VAT May 2008 (1.600.000)12 SKPN PPN Juni 2008/ SKPKB VAT June 2008

9 SKPKB PPN Maret 2008/ SKPKB VAT March 2008 (366.498.062)10 SKPKB PPN April 2008/ SKPKB VAT April 2008 (535.981.590)

7 SKPKB PPN Januari 2008/ SKPKB VAT January 2008 (291.443.780)8 SKPKB PPN Pebruari 2008/ SKPKB VAT February 2008 (357.771.258)

5 SKPN PPh Pasal 4 ayat (2)/ SKPKB Tax Art. 4 (2) - 6 SKPKB PPh Pasal 26/ SKPKB Income Tax Art. 26 (3.422.955.918)

2SKPKB PPh Pasal 21/ SKPKB Income Tax Art. 21 (815.064.892)

4 SKPKB PPh Pasal 23/ SKPKB Income Tax Art. 23 (563.839.734)

1 SKPLB PPh Badan/ SLPLB Corporate Tax 9.333.438.712SKPLB PPh Badan/ SLPLB Corporate Tax 10,263,132,600

merupakan hasil dari pemeriksaan pajak atas TahunPajak 2008 dengan rincian sebagai berikut:

examinations for Taxation Year 2008 with details asfollows:

3

SKPKB PPN Nopember 2008/ SKPKB VAT November 2008 (641.991.342)18 SKPKB PPN Desember 2008/ SKPKB VAT December 2008

20 STP PPN atas Pemanfaatan JKP dari LN/ STP VAT onTaxable Servicesfrom Utilization of Foreign Affairs (11.771.171)

Selain SKPKB tahun pajak 2008, Perusahaan jugatelah menerima Surat Ketetapan Pajak Kurang Bayar(SKPKB) PPN Masa Maret 2010 Nomor00030/10710/051/10 tanggal 19 Oktober 2010 sebesarRp77.399.440.

In addition to tax assessments for fiscal year 2008, theCompany has received an Underpayment Tax AssessmentLetter (SKPKB) for Value Added Taxperiod of March 2010Number 00030/10710/051/10 October 19, 2010 amounted toRp77,399,440.

Saldo SKPKB PPh pasal 26 yang masih dalam proseskeberatan pajak. Sedangkan untuk saldo SKPKB yangtidak disetujui oleh Perusahaan masih dalam proseskeberatan pajak. Adapun rincian atas surat keberatanyang diajukan oleh Perusahaan adalah sebagai berikut:

Balance SKPKB PPh article 26 which is still in the processof tax objections. As for the balance SKPKB not approved bythe Company is still in the processof tax objections.The details of the letter of objection filed bythe Company as follows:

1 Permohonan Keberatan atas Surat Ketetapan Pajak Lebih Bayar (SKPLB) Pajak PenghasilanBadan Tahun 2008 No. 00080/406/08/051/10 tanggal 19 Oktober 2010. Application of Objectionof Overpayment Tax Assessment Letter (SKPLB) for Corporate Income Tax Year 2008 No.00080/406/08/051/10 dated October 19, 2010.

0229/DRKXII/

KAK/2010

17(656.109.662)

19

Surat Ketetapan Pajak (SKP) dan Surat TagihanPajak (STP) (Lanjutan)

Tax Assessment Letter (SKP) and Letter of TaxCollection (STP) (Continued)

33


29 Desember 2010/

December 29, 2010

29 Desember 2010/

December 29, 2010

29 Desember 2010/

December 29, 2010

29 Desember 2010/

December 29, 2010

29 Desember 2010/

December 29, 2010

29 Desember 2010/

December 29, 2010

29 Desember 2010/

December 29, 2010

29 Desember 2010/

December 29, 2010


f. f.

Letter Number

29 Desember 2010/

December 29, 2010

29 Desember 2010/

December 29, 2010

29 Desember 2010/

December 29, 2010

29 Desember 2010/Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak Pertambahan2008 00 2/20 /08/0 1/10 19 O

KAK/2010

KAK/2010

Nomor Surat/Tanggal/ Date

9 0237/DRKXII/

KAK/2010

10 0238/DRKXII/

KAK/2010

KAK/2010

6 0234/DRKXII/

KAK/2010

11 0239/DRKXII/

KAK/2010

12 0240/DRKXII/

KAK/2010

13

7 0235/DRKXII/

KAK/2010

8

Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak PertambahanNilai Barang dan Jasa Bulan Januari Tahun 2008 No. 00463/207/08/051/10 tanggal 19 Oktober2010. Application of Objection of Underpayment Tax Assessment Letter (SKPKB) for ValueAdded Tax on Goods and Services of January 2008 No. 00463/207/08/051/10 dated October 19,

Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak PertambahanNilai Barang dan Jasa Bulan Februari Tahun 2008No. 00464/207/08/051/10 tanggal 19 Oktober2010./ Application of Objection of Underpayment Tax Assessment Letter (SKPKB) for ValueAdded Tax on Goods and Services of February 2008 No. 00464/207/08/051/10 dated October19, 2010.

Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak PertambahanNilai Barang dan Jasa Bulan Maret Tahun 2008No. 00465/207/08/051/10 tanggal 19 Oktober2010./ Application of Objection ofUnderpayment Tax Assessment Letter (SKPKB) for ValueAdded Tax on Goods and Services of March 2008 No. 00465/207/08/051/10 dated October 19,2010Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) PajakPertambahanNilai Barang dan Jasa Bulan April Tahun 2008No. 00466/207/08/051/10 tanggal 19 Oktober2010./ Application of Objection of Underpayment Tax Assessment Letter (SKPKB) for ValueAdded Tax on Goods andServices of April 2008 No. 00466/207/08/051/10 dated October 19,2010Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak PertambahanNilai Barang dan Jasa Bulan Mei Tahun 2008No. 00467/207/08/051/10 tanggal 19 Oktober 2010./Application of Objection ofUnderpayment Tax Assessment Letter (SKPKB) for Value Added Taxon Goods andServices of May 2008 No. 00467/207/08/051/10 dated October 19, 2010.

Permohonan Keberatan atas Surat Ketetapan Pajak Nihil (SKPN) Pajak PertambahanNilai Barangdan Jasa Bulan Juni Tahun 2008 No. 00107/507/08/051/10 tanggal 19Oktober 2010./ Application of Objection of Nil Tax Assessment Letter (SKPN) forValue Added Tax on Goods and Services ofJune 2008 No. 00107/507/08/051/10 dated October 19, 2010.

Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak PertambahanNilai Barang dan Jasa Bulan Juli Tahun 2008No. 00468/207/08/051/10 tanggal 19 Oktober 2010./Application of Objection of Underpayment Tax Assessment Letter (SKPKB) for Value Added Taxon Goods and Services of July 2008 No. 00468/207/08/051/10 dated October 19, 2010.

Permohonan Keberatan atas Surat Ketetapan Pajak Nihil (SKPN) Pajak Pertambahan NilaiBarang dan Jasa Bulan Agustus Tahun 2008 No. 00108/507/08/051/10 tanggal 19 Oktober 2010./Application of Objection of Nil Tax Assessment Letter (SKPN) forValue Added Tax on Goods andServices of August 2008 No. 00108/507/08/051/10 dated October 19, 2010.

Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak PertambahanNilai Barang dan Jasa Bulan September Tahun 2008 No. 00469/207/08/051/10 tanggal 19Oktober 2010./ Application of Objection ofUnderpayment Tax Assessment Letter (SKPKB) forValue Added Tax on Goods andServices of September 2008 No. 00469/207/08/051/10 datedOctober 19 2010

Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak PertambahanNilai Barang dan Jasa Bulan Oktober Tahun 2008 No. 00470/207/08/051/10 tanggal 19 Oktober2010./ Application of Objection of Underpayment Tax Assessment Letter (SKPKB) for ValueAdded Tax on Goods and Services of October 2008 No. 00470/207/08/051/10 dated October 19,2010

Permohonan Keberatan atas Surat Ketetapan Pajak Kurang Bayar (SKPKB) Pajak PertambahanNilai Barang dan Jasa Bulan November Tahun 2008 No.00471/207/08/051/10 tanggal 19 Oktober2010./ Application of Objection of Underpayment Tax Assessment Letter (SKPKB) for ValueAdded Tax on Goods and Services of November 2008 No. 00471/207/08/051/10 dated October19 2010

0241/DRKXII/

3 0231/DRKXII/

KAK/2010

4 0232/DRKXII/

KAK/2010

5 0233/DRKXII/

0236/DRKXII/

14 0242/DRKXII/



No Keterangan/ Description

34


December 29, 2010


f. f.

Anak Perusahaan Subsidiaries Company

Tahun Pajak 2007 Taxation Year 2007

Surat Ketetapan Lebih (Kurang)

Decision Letter Bayar/

Year Over or Under

Payment

Nilai Barang dan Jasa Bulan Desember Tahun 2008 No.00472/207/08/051/10 tanggal 19 Oktober2010./ Application of Objection of Underpayment Tax Assessment Letter (SKPKB) for ValueAdded Tax on Goods and Services of December 2008 No. 00472/207/08/051/10 dated October19 2010

Tahun/ Bunga/Denda

Income tax

Taxation Type

Jumlah Lebih/

Total over or under

Pada tahun 2009, PT Sucofindo Logistics menerimaSurat Ketetapan Pajak Kurang Bayar, SuratKetetapan Pajak Lebih Bayar dan Surat TagihanPajak untuk tahun pajak 2007, 2006 dan 2005 denganrincian sebagai berikut:

In 2009, PT Sucofindo Logistics received a tax assessment,overpayment of tax assessment and a tax for tax years 2007,2006 and 2005 are as follows:

Jenis Pajak

PPh Badan 200700023/406/07/061/09

14/04/2009 - - 47,844,909

KAK/2010

Sampai dengan tahun 2011 Perusahaan masih dalamproses Pengajuan banding ke Direktorat Jendral Pajakkantor Wilayah DJP Wajib Pajak Besar.

Until 2011 the Companyis still in the process of filing anappeal to the Direktorat Jendral Pajak Kantor Wilayah DJPWajib Pajak Besar.

Corporate

Number Date Payment

Nomor Tanggal Interest/Penalty

(Kurang) bayar/



35


Year


f. f.




Year Over or Under

Payment

Tahun/

Tahun/

Total (272,018,585) (130,568,920) (402,587,505)

PPh Pasal 23Jan- Des

20070019/203/07/061/09

14/04/2009

VAT

Jenis Pajak

Surat Tagihan Pajak/

Tax Invoice (Kurang) bayar/

Nomor Tanggal/ Penalty Interest

Number

Jumlah Lebih/

Total over or under

Total

Total Over or

Jumlah Lebih/

Taxation Type

Denda/ Bunga/ Taxation Type

Jumlah Lebih/

PPNJan-Des

200600086/207/06/

061/0917/02/2009 (151,592,930) (72,764,606)

(183,625,104) (60,643,300) (196,423,495)

17/02/2009

Date Payment

PPNJan-Des

20070005/107/07/0

61/09

(224,357,536)

Total

(Kurang) bayar/Jenis Pajak Bunga/ Denda

Nomor Tanggal Interest/ Penalty

Number Date Under Payment

- 15,286,509

(50,075,960)

PPh Pasal 21 20070021/201/07/061/09

14/04/2009 (44,237,686) (14,311,580) (58,549,266) article 21

(16,024,307) (66,100,267) Income tax

article 23

PPNJan- Des

20070023/207/07/061/09

14/04/2009 (89,311,458) (30,307,413) (119,618,871) VAT

Income tax

Vat

PPh Psl 4 (2) Final

Jan-Des 2006

00072/240/06/061/09

17/02/2009 (65,032,650) (31,215,672) (96,248,322) Income Tax Article

4(2) Final

14/04/2009 15,286,509.00

(55,393,005) (26,588,642) (81,981,647) Income Tax Article

21PPh Pasal 21

Jan-Des 2006

00057/201/06/061/09

Total 15,286,509.00 - 15,286,509 Total

Total




36


Year




Year Over or Under

Payment

Year


f. f.

Tahun/

Taxation Type

Taxation Type

Jumlah Lebih/

Total Over or

Bunga/ DendaDenda/

Tax Year

Tahun Pajak/ Jatuh Tempo/

Payment Date

Total Over or

Tahun/

Tahun/

Bunga/

Total 26,343,295 - 26,343,295 Total

Jenis Pajak Bunga/ Denda (Kurang) bayar/

Nomor Tanggal Interest/ Penalty


Income Tax Article 21

Income Tax Article 23

Jan-Des 2005

00237/207/05/061/09

17/02/2009 (307,682,356) (147,687,531)

Jumlah Lebih/

Total Over or

PPh Pasal 21Jan-Des

200500075/201/05/

061/0917/02/2009 (79,034,820) (37,936,714) (116,971,534)

PPh Pasal 23Jan-Des

200500087/203/05/

061/0917/02/2009 (19,570,720) (9,393,946) (28,964,666)

PPN

Jenis Pajak Tax Invoice (Kurang) bayar/

Nomor Tanggal/ Payment Interest


Denda/

PPNJan-Des

200600017/107/06/

061/0917/02/2009 26,343,295 - 26,343,295 VAT

Taxation Type

(455,369,887) VAT

PPh Psl 4 (2) Final

Jan-Des 2005

00038/201/05/061/09

17/02/2009 (82,117,541) (39,416,420) (121,533,961) Income Tax Article

4(2)

Total (488,405,437) (234,434,611) (722,840,048) Total

Jenis Pajak


Tax Invoice (Kurang) bayar/

Nomor Tanggal/ Penalty Interest/ Penalty


26/06/2011

26/06/2011

STP PPN/STP VAT

STP PPN/STP VAT

Jumlah/ Total

2009

2009

2,283,200

2,047,225

PPNJan-Des

200600002/107/05/

061/0917/02/2009 25,622,931 - 25,622,931 VAT

Total 25,622,931 - 25,622,931 Total

Pada tahun 2011, PT Sucofindo Episi menerimabeberapa Surat Tagihan Pajak dan Surat Paksa dariDirektorat Jenderal Pajak dengan rincian sebagaiberikut:

In 2011, PT Sucofindo Episi received some Tax CollectionLetters from the Directorate General of Taxation with thedetails as follows:

No. Surat/ Letter Number Jenis Pajak/ Tax Type

SP-00519/WPJ.04/KP.0804/2011

00159/107/09/061/11-27/05/2011

00160/107/09/061/11-27/05/2011

29/06/2011STP PPN/STP VAT 2009 9,564,687

29/06/2011

26/06/2011

29/06/2011

STP PPN/STP VAT

STP PPN/STP VAT

STP PPN/STP VAT

2009

2009

2007

1,721,582

612,736

482,067



00183/107/09/061/11-30/05/2011

00165/107/09/061/11-27/05/2011

00094/107/09/061/11-30/05/2011

SP-00528/WPJ.04/KP.0804/2011

00186/107/09/061/11-30/05/2011

37



f. f.

00177/107/09/061/11-30/05/2011

00171/107/09/061/11-27/05/2011

SP-00529/WPJ.04/KP.0804/2011

STP PPN/STP VAT

STP PPh 21/STP Income Tax Art.21

2006

2010

2011

1,701,230

23/06/2011STP PPN/STP VAT 2011 712,529

00081/107/09/061/11-27/05/2011

29/06/2011

26/06/2011

26/06/2011

STP PPN/STP VAT

STP PPN/STP VAT

STP PPN/STP VAT

2009

2009

2007

3,985,123

1,469,124

722,228

23/06/2011

29/06/2011

STP PPN/STP VAT

STP PPN/STP VAT

2011

2009

653,850

651,075

754,086

29/06/2011

26/06/2011

26/06/2011

STP PPN/STP VAT

STP PPN/STP VAT

STP PPN/STP VAT

2009

2009

2007

5,318,379

4,436,416

1,736,400

24/06/2011

23/06/2011

26/06/2011

STP PPN/STP VAT


STP PPN/STP VAT

2011

2011

2009

592,238

236,720

138,852

1,528,100

Jenis Pajak/ Tax Type

26/06/2011

26/06/2011

STP PPN/STP VAT

STP PPN/STP VAT

2009

2010

838,684

Tahun Pajak/

Tax Year

29/06/2011

26/06/2011

23/06/2011

STP PPN/STP VAT

660,586

373,440

364,122

26/06/2011STP PPN/STP VAT 2007

26/06/2011

26/06/2011

26/06/2011

STP PPN/STP VAT

STP PPN/STP VAT


2007

2009

2009

7,498,946

7,358,769

5,858,625

1,137,017

23/06/2011STP PPh 21/STP Income Tax Art.21 2011

STP PPN/STP VAT

STP PPN/STP VAT

2009

2006 872,242


2010

28/06/2011

28/06/2011



2010

2010

448,288

2010

00057/101/10/061/11-29/07/2011

SP-00529/WPJ.04/KP.0804/2011

00067/107/10/061/10-25/06/2011

28/06/2011

29/06/2011

00175/107/09/061/11-30/05/2011

00088/107/09/061/11-27/05/2011

SP-00346/WPJ.04/KP.0804/2011

00052/101/10/061/11-29/07/2011

2010

00026/107/09/061/11-24/05/2011

00179/107/09/061/11-30/05/2011

SP-00517/WPJ.04/KP.0804/2011

00158/107/09/061/11-27/05/2011

00185/107/09/061/11-27/05/2011

00031/107/09/061/11-25/05/2011

00028/107/09/061/11-24/05/2011

00166/107/09/061/11-27/05/2011

SP-00517/WPJ.04/KP.0804/2011

00085/107/07/061/11-27/05/2011

00089/107/07/061/11-30/05/2011

00186/107/07/061/11-27/05/2011

00027/101/11/061/11-24/05/2011

00029/107/07/061/11-24/05/2011

No. Surat/ Letter Number

00054/101/10/061/11-29/07/2011

00053/101/10/061/11-29/07/2011




00180/107/09/061/11-30/05/2011

00169/107/09/061/11-27/05/2011

00082/107/09/061/11-27/05/2011

00025/107/09/061/11-25/05/2011

SP-00520/WPJ.04/KP.0804/2011

24/07/2011STP PPN/STP VAT

392,834

236,750

107,535

5,237,664

29/06/2011

26/06/2011

00083/107/07/061/11-27/05/2011

00163/107/09/061/11-27/05/2011

Jumlah/ TotalJatuh Tempo/

Payment Date

00063/107/09/061/11-27/05/2011

38



f. f.

No. Surat/ Letter Number Jenis Pajak/ Taxation Type Total

19/06/2011

STP PPh Badan/STP Corporate Income Tax

STP PPh Badan/STP Corporate Income Tax

2010

2010 100,000

1,800,320

2,346,445

6,314,980

00010/106/10/061/10-20/05/2011

00173/107/09/061/11

2010

29/06/2011

26/06/2011

STP PPN/STP VAT

STP PPN/STP VAT

Agst-2007

May-2009

00090/107/09/061/11

00186/107/09/061/11

1,142,700

3,472,679

26/06/2011

29/06/2011

29/06/2011

STP PPN/STP VAT

STP PPN/STP VAT

STP PPN/STP VAT

Apr-2009

Juli-2007

Nov-2007

00086/107/09/061/11

00087/107/09/061/11

00759/107/03/061/04 13/01/2010 STP PPN/STP VAT Des-03/Dec-03 50,000 05/02/2010

00218/101/08/061/09 13/01/2010 STP PPh 21/STP Income Tax Art.21 2008 693,119 01/02/2010

00454/107/08/061/09 13/01/2010 STP PPN/STP VAT 2008 1,364,135 09/02/2010



00462/107/08/061/09 13/01/2010 STP PPN/STP VAT 2008 555,836 09/02/2010

00317/107/06/061/06 13/01/2010 STP PPN/STP VAT 2007 50,000 09/02/2010

00555/107/07/061/07 13/01/2010 STP PPN/STP VAT 2007 50,000 09/02/2010

00490/107/08/061/09 13/01/2010 STP PPN/STP VAT 2008 500,000 09/02/2010

01305/106/02/061/09 13/01/2010 STP PPh Badan/STP Corporate Income Tax Mar - Des 2002 500,000 09/02/2010

00494/107/08/061/09 13/01/2010 STP PPN/STP VAT 2008 635,572 09/02/2010

00652/107/07/061/07 13/01/2010 STP PPN/STP VAT 2007 416,274 09/02/2010

00487/107/08/061/09 13/01/2010 STP PPN/STP VAT 2008 583,754 09/02/2010

00620/107/07/061/07 13/01/2010 STP PPN/STP VAT Mar-06 50,000 09/02/2010

00316/107/06/061/06 13/01/2010 STP PPN/STP VAT Feb-06 503,944 09/02/2010





19/06/2011

Tanggal Surat/ Tahun Pajak/ Tanggal Bayar/

Letter Date Taxation Year Payment Date

100,000

100,000

19/06/2011STP PPh Badan/STP Corporate Income Tax00011/106/10/061/10-20/05/2011

00009/106/10/061/10-20/05/2011

39



f. f.

No. Surat/ Letter Number



10205/106/03/061/04 13/01/2010 STP PPh Badan/STP Corporate Income Tax 2003 100,000 05/02/2010




00213/101/08/061/09 13/01/2010 STP PPN/STP VAT 2008 526,427 08/02/2010

04385/101/05/061/09 13/01/2010 STP PPh 21/STP Income Tax Art.21 Sept-Okt 2004 100,000 08/02/2010

00230/101/08/061/09 13/01/2010 STP PPN/STP VAT 2008 261,561 08/02/2010

00136/107/04/061/09 13/01/2010 STP PPN/STP VAT Jan-Mar 2004 150,000 08/02/2010

00491/107/08/061/09 13/01/2010 STP PPN/STP VAT 2008 531,150 08/02/2010

00489/107/08/061/09 13/01/2010 STP PPh 21/STP Income Tax Art.21 2008 1,238,101 08/02/2010

00635/101/06/061/09 13/01/2010 STP PPh 21/STP Income Tax Art.21 Jan-Juni 2006 184,702 08/02/2010

00212/101/08/061/09 13/01/2010 STP PPN/STP VAT 2008 419,820 08/02/2010

00493/107/08/061/09 13/01/2010 STP PPN/STP VAT 2008 544,551 08/02/2010

00495/107/08/061/09 13/01/2010 STP PPN/STP VAT 2008 745,806 08/02/2010

00488/107/08/061/09 13/01/2010 STP PPN/STP VAT 2008 527,918 08/02/2010

00194/107/08/061/09 13/01/2010 STP PPN/STP VAT Apr-04 50,000 05/02/2010

SP-00519/WPJ.04/KP.0804/2011

00159/107/09/061/11-27/05/2011 STP PPN/STP VAT 2009 2,283,200 26/06/2011

00160/107/09/061/11-27/05/2011 STP PPN/STP VAT 2009 2,047,225 26/06/2011

00183/107/09/061/11-30/05/2011 STP PPN/STP VAT 2009 1,721,582 26/06/2011

00165/107/09/061/11-27/05/2011 STP PPN/STP VAT 2009 612,736 26/06/2011

00094/107/09/061/11-30/05/2011 STP PPN/STP VAT 2007 482,067 26/06/2011

SP-00528/WPJ.04/KP.0804/2011

00186/107/09/061/11-30/05/2011 STP PPN/STP VAT 2009 9,564,687 29/06/2011

00180/107/09/061/11-30/05/2011 STP PPN/STP VAT 2009 3,985,123 29/06/2011

00169/107/09/061/11-27/05/2011 STP PPN/STP VAT 2009 1,469,124 29/06/2011

00082/107/09/061/11-27/05/2011 STP PPN/STP VAT 2007 722,228 29/06/2011

00025/107/09/061/11-25/05/2011 STP PPN/STP VAT 2011 712,529 29/06/2011

Letter Date Jenis Pajak/ Taxation Type Taxation Year Jumlah/ Total Payment Date

SP-00520/WPJ.04/KP.0804/2011

00177/107/09/061/11-30/05/2011 STP PPN/STP VAT 2009 5,318,379 29/06/2011

00171/107/09/061/11-27/05/2011 STP PPN/STP VAT 2009 4,436,416 26/06/2011

00081/107/09/061/11-27/05/2011 STP PPN/STP VAT 2007 1,736,400 26/06/2011

00026/107/09/061/11-24/05/2011 STP PPN/STP VAT 2011 653,850 23/06/2011

00179/107/09/061/11-30/05/2011 STP PPN/STP VAT 2009 651,075 29/06/2011

SP-00517/WPJ.04/KP.0804/2011

00158/107/09/061/11-27/05/2011 STP PPN/STP VAT 2009 838,684 26/06/2011

00185/107/09/061/11-27/05/2011 STP PPN/STP VAT 2010 754,086 26/06/2011

00031/107/09/061/11-25/05/2011 STP PPN/STP VAT 2011 592,238 24/06/2011

00028/107/09/061/11-24/05/2011 STP PPh 21/STP Income Tax Art.21 2011 236,720 23/06/2011

00166/107/09/061/11-27/05/2011 STP PPN/STP VAT 2009 138,852 26/06/2011

SP-00517/WPJ.04/KP.0804/2011

00085/107/07/061/11-27/05/2011 STP PPN/STP VAT 2007 1,528,100 26/06/2011

00089/107/07/061/11-30/05/2011 STP PPN/STP VAT 2006 1,701,230 29/06/2011

00186/107/07/061/11-27/05/2011 STP PPN/STP VAT 2010 660,586 26/06/2011



Tanggal Surat/ Tahun Pajak/ Tanggal Bayar/



40


11. PENYERTAAN DAN KSO 11. INVESTMENT AND JOINT OPERATION

Metode Ekuitas : Equity Method:PT Qualitech Perdana PT Qualitech Perdana

(lihat catatan 1.c) See Note 1.c)Penyisihan Allowance

Total Total

Metode Biaya: Cost MethodPT SPRINT Konsultan (lihat PT SPRINT Konsultan (See

catatan 1.c) Note1.c)PT Surveyor Indonesia (lihat

catatan 1.c) PT Surveyor Indonesia (See Note 1.c)

KSO (lihat catatan 2.i) Joint Operation (See Note 2.i)

Total Total

1,167,500,000 1,167,500,000

904,692,224 904,692,224

2,072,192,224 2,072,192,224

Rp Rp

47,500,000 47,500,000

1,120,000,000 1,120,000,000

Penyertaan pada PT Surveyor Indonesia merupakanpenyertaan entitas sebesar 4,48% dari modal disetorPT Surveyor Indonesia.

Investment in PT Surveyor Indonesia is a Company’sinvestment in share amounted to 4.48% of paid up capital ofPT Surveyor Indonesia.

(195,400,000) (195,400,000)

- -



195,400,000 195,400,000

SP-00529/WPJ.04/KP.0804/2011

00083/107/07/061/11-27/05/2011 STP PPN/STP VAT 2007 7,498,946 26/06/2011

00163/107/09/061/11-27/05/2011 STP PPN/STP VAT 2009 7,358,769 26/06/2011

00063/107/09/061/11-27/05/2011 STP PPh 21/STP Income Tax Art.21 2009 5,858,625 26/06/2011

00175/107/09/061/11-30/05/2011 STP PPN/STP VAT 2009 1,137,017 29/06/2011

00088/107/09/061/11-27/05/2011 STP PPN/STP VAT 2006 872,242 26/06/2011

SP-00346/WPJ.04/KP.0804/2011




00173/107/09/061/11 27-May-11 STP PPN/STP VAT Apr-2009 1,800,320 26/06/2011

00011/106/10/061/10-20/05/2011 STP PPh Badan/STP Corporate Income Tax 2010 100,000 19/06/2011

00009/106/10/061/10-20/05/2011 STP PPh Badan/STP Corporate Income Tax 2010 100,000 19/06/2011

00067/107/10/061/10-25/06/2011 STP PPN/STP VAT 2010 5,237,664 24/07/2011

STP PPh Badan/STP Corporate Income Tax 2010 100,000 19/06/2011

27-May-11 STP PPN/STP VAT May-2009 3,472,679 26/06/2011

00090/107/09/061/11 30-May-11

00086/107/09/061/11 30-May-11 STP PPN/STP VAT Juli-2007 2,346,445 29/06/2011

00087/107/09/061/11 30-May-11 STP PPN/STP VAT Nov-2007 6,314,980 29/06/2011

00010/106/10/061/10-20/05/2011

101,996,325


SP-00529/WPJ.04/KP.0804/2011

00186/107/09/061/11

STP PPN/STP VAT Agst-2007 1,142,700 29/06/2011

41


12. ASET TETAP 12. FIXED ASSETS

Harga perolehan Acquistion Cost

Tanah Land

Bangunan Building

Peralatan/Perabot Equipment/

Mesin Machinery

Peralatan Operasi Operation Tools

Kendaraan Vehicles

Peralatan/Perabot Furniture/ Office

Kantor Equipment

Peralatan Sistem Information System

Informasi Hardware

Peralatan Lain-lain Other

Total Total

Akumulasi Accumulatted

Penyusutan Depreciation

Bangunan Building100,831,465,026 8,401,691,711 5,846,400 109,227,310,337

560,249,371,776 55,780,533,815 9,230,528,159 606,799,377,431

28,446,536,697 2,264,552,526 916,422,122 29,794,667,101

63,417,944,839 5,569,976,816 2,513,987,064 66,473,934,591

7,367,351,053 233,175,000 373,585,150 7,226,940,903

160,147,268,212 6,990,694,072 5,846,400 167,132,115,884

17,689,607,861 1,826,000,000 232,320,000 19,283,287,861

31,430,000 - 8,380,000 23,050,000

55,648,424,630 3,248,969,500 2,073,137,383 56,824,256,747

KSO SCI-SI adalah kegiatan yang dilaksanakan secarakerjasama antara entitas dan PT Surveyor Indonesiadalam kegiatan Verifikasi atau Penelusuran TeknisImpor (VPTI). Kegiatan tersebut terdiri dari 8 (delapan)jenis program, antara lain besi, tekstil dan produk tekstil, bus dan bukan bus, beras, garam dan lain-lain. Jangkawaktu kerjasama untuk semua program adalah tidakdibatasi, sesuai dengan Surat Keputusan (SK) MenteriPerindustrian dan Perdagangan. Jangka waktu berakhirapabila SK tersebut dicabut. Sesuai dengan AktaPerjanjian Kerjasama Operasi bahwa pembagiankeuntungan untuk semua program tersebut ditetapkan50:50

The KSO SCI-SI represents business actives held by theCompany and PT Surveyor Indonesia in the Verification andTechnical Import search (VTIS). The SCI-SI consistof 8(eight) Kinds of programs, i.e: steel, textiles and textileproducts, bus and non-bus, rice, salt, etc. The SCI-SI has nodefinite time base as stated in decision letter from theMinister of Industry and Trade. It will terminated if thedecision letter is cancelled. According to agreement, profitdistribution between the parties is 50:50 for all programs.

Saldo aset tetap merupakan nilai buku aset tetap per 31Desember 2011 dan 2010 dapat dirinci sebagai berikut:

The balance of fixed assets represents the net book value offixed assets as of December 31, 2011 and 2010 can bedetailed as follows:

2 0 1 1

Saldo Awal/ Penambahan/ Pengurangan/ Saldo Akhir/

227,500,808,484 35,647,165,901 3,106,850,040 260,041,124,345

Penyertaan pada PT Qualitech Perdana merupakanpenyertaan modal saham sebesar 40 % dari seluruhmodal yang disetor. PT Qualitech Perdana sejaktahun1997 telah menghentikan kegiatan operasionalnyadan pada saat ini sedang dalam proses likuidasi.Karena kerugian PT. Qualitech Perdana telahmelampaui jumlah modal PT Qualitech Perdana, ataspenyertaan tersebut telah dibentuk penyisihan sebesar100% dari jumlah Penyertaan.

Investment in PT Qualitech Perdana represents a investmentin share of 40% of the total paid up capital. PT QualitechPerdana since 1997 has suspended its operations andcurrently under liquidation process. Because the loss of PT.Qualitech Perdana has exceeded the total capital of PTQualitech Perdana, the Company already established anallowance amounting to 100% of the total investment.

Penyertaan pada PT SPRINT Konsultan pada tahun1997 merupakan penyertaan modal sahamsebesar19,0% dari seluruh modal yang disetor. entitasini didirikan dengan Akta Notaris Agus HashimAhmad,S.H., Nomor 9 tanggal 9 Pebruari 1997 danberoperasi mulai tahun 1997.

The investment in PT SPRINT Consultants in 1997represents a capital investment by 19.0% share of the totalpaid-in capital. The company was established by NotaryDeed Agus Hashim Ahmad, SH, No. 9 dated February 9,1997 and operated since 1997.

Beginning Balance Additions Deductions Ending Balance

42


Peralatan/ Equipment/

Mesin Machinery


Kendaraan Vehicles


Kantor Equipment


Informasi Hardware

Peralatan Lain-lain Other

Total Total

Nilai Buku Book Value

12. ASET TETAP (Lanjutan) 12. FIXED ASSETS (Continued)

Harga perolehan Acquistion Cost

Tanah Land

Bangunan Building


Mesin Machinery


Kendaraan Vehicles


Kantor Equipment


Informasi Hardware

Total Total

Akumulasi Accumulatted

Penyusutan Depreciation

Bangunan Building


Mesin Machinery


Kendaraan Vehicles


Kantor Equipment


Informasi Hardware52,840,984,164 6,963,636,656 5,014,841,490 54,789,779,330

5,383,137,052 1,338,995,453 654,726,813 6,067,405,692

23,134,506,733 1,957,403,011 1,134,101,182 23,957,808,562

12,140,033,788 724,234,478 333,522,176 12,530,746,090

116,260,653,355 26,777,428,756 1,245,113,436 141,792,968,675

99,493,775,414 8,692,393,300 7,354,703,696 100,831,465,018

517,148,112,409 66,297,937,561 23,212,528,194 560,249,371,776

26,383,023,365 3,412,245,408 1,317,302,076 28,477,966,697

63,045,472,345 4,931,367,866 4,409,709,494 63,567,130,717

179,547,596,148 52,589,413,349 4,785,386,891 227,351,622,606

8,052,721,511 889,934,774 1,575,305,232 7,367,351,053

170,771,296,930 500,795,783 11,124,824,501 160,147,268,212

14,485,031,961 3,204,575,900 - 17,689,607,861

Beginning Balance Additions Deductions Ending Balance

54,878,820,149 769,604,481 - 55,648,424,630

220,279,198,409 217,742,760,002

2 0 1 0

Saldo Awal/ Penambahan/ Pengurangan/ Saldo Akhir/

54,641,698,471 6,133,292,483 2,195,009,233 58,579,981,721

339,970,173,367 53,344,617,151 4,258,173,089 389,056,617,429

6,067,405,692 760,308,675 575,835,141 6,251,879,226

23,947,797,096 2,981,661,406 569,714,445 26,359,744,057

8,906,458 11,055,237 19,961,695

12,530,746,090 763,372,293 - 13,294,118,383

141,942,154,534 34,293,235,346 911,767,870 175,323,622,010

43


Total Total

Nilai Buku Book Value

I. PT Bank Mandiri (Persero) Tbk : I. PT Bank Mandiri (Persero) Tbk:

II PT Bank Rakyat Indonesia (Persero) Tbk : II. PT Bank Rakyat Indonesia (Persero) Tbk:

13. ASET LAIN-LAIN 13. OTHERS ASSET

Biaya ditangguhkan – neto Deferred expenses-netAset dalam proses Construction in processAset tidak aktif In-active assetsPenyisihan aset tidak aktif Provision inactive assetsHak atas tanah dan bangunan Land and bulding rightsUang jaminan DepositsBank garansi Performance bondSewa jangka panjang Long term rentsJaminan jangka panjang Long term guarranteeBukti potong PPh Pasal 23 Income tax Article 23

yang belum diterima UnreceivedLainnya Others

Total Total

Keberatan kurang bayar pajak Objection on tax underpaid yearTanah dan bangunan Belawan Land and building BelawanLain-lain OthersSub Total Sub TotalAmortisasi Amortization

-

7,447,486,265 5,171,168,987 29,904,976,437 31,964,408,949 (7,421,733,847) (3,962,444,923)

19,788,246,425 24,123,996,215 2,669,243,747 2,669,243,747

Biaya ditangguhkan pada 31 Desember 2011 dan 2010dapat dijelaskan sebagai berikut :

Deferred costs at December 31, 2011 and 2010 can beexplained as follows:


382,634,498 701,500,845

63,405,634,764 50,653,326,287

398,750,828 275,476,585 390,354,966 244,031,400 244,031,400

14,883,756,766 -

(10,363,734,207) (9,241,358,110) 887,578,832 942,028,593

- 860,046,350

22,483,242,590 28,001,964,026 24,235,850,424 19,110,097,153 10,376,797,876 9,245,910,236


Tanah dan bangunan Graha Sucofindo dengan buktikepemilikan SHGB Nomor 596 dengan kondisibangunan 16 lantai a/n PT Sucofindo (Persero).

Land and buildings with proof of ownership GrahaSucofindo SHGB Number 596 with a condition of thebuilding 16 floors of a/n PT Sucofindo (Persero).

There are fixed assets of land and buildings pledged to PTBank Mandiri (Persero) Tbk and PT Bank Rakyat Indonesia(Persero) Tbk in connection with credit facilities granted tothe Company with the following details:

Tanah dan bangunan Laboratorium Cibitung denganbukti kepemilikan SHGB Nomor 66 yang terletak diCibitung a/n PT Sucofindo (Persero) dan GedungSucofindo Cabang Surabaya dengan sertifikat SHGBNomor 248 dan SHGB Nomor 249 yang diikat denganHak Tanggungan I.

The land and buildings with proof of ownership CibitungLaboratory SHGB Number 66 which is locatedin Cibitunga/n PT Sucofindo (Persero), and Building Branch ofSurabaya by a certificate Sucofindo SHGB Number 248And HGB No. 249, which tied with Encumbrance I.

Terdapat aset tetap tanah dan bangunan dijaminkankepada PT Bank Mandiri (Persero) Tbk dan PT BankRakyat Indonesia (Persero) Tbk sehubungan denganfasilitas kredit yang diberikan kepada entitas dengan rinciansebagai berikut :

207,895,021,903 220,279,198,409

309,253,090,506 46,454,091,654 15,737,008,793 339,970,173,367

44


Total Total

Pembelian Tanah dan Renovasi Purchasing of Land anddi Cabang Samarinda Renovation in Samarinda BranchPeralatan Pysycomentric Room Pysycomentric Room Equipment at

di Cibitung CibitungPembuatan Lab. di Cabang Preparation Lab. in Bontang andBontang dan Padang Padang BranchRenovasi di Cabang Cilegon Renovation in Cilegon BranchPeralatan operasiLainnya Other

Total Total

13. ASET LAIN-LAIN (Lanjutan) 13. OTHERS ASSET (Continued)

Nilai buku awal tahun Book value at beginning of yearAmortisasi tahun berjalan Amortization of current year

Total Total

14. UTANG USAHA 14. ACCOUNT PAYABLES

Pihak ketiga: Third parties:Utang usaha invoice Invoiced account payablesUtang aset tetap non-invoice Non-invoice payable

Total Total

15. PINJAMAN BANK JANGKA PENDEK 15. SHORT TERM BANK LOANS

Akun ini terdiri dari: This Account consisted of:

Jangka Pendek : Short Term:


59,240,878,926 55,207,118,319

49,843,448,402 50,431,936,146 9,397,430,524 4,775,182,173


887,578,832 942,028,593

Rp Rp942,028,593 1,081,563,913 (54,449,761) (139,535,320)

24,235,850,424 19,110,097,153

Hak atas tanah per 31 Desember 2011 dan 2010 dapatdijelaskan sebagai berikut :

Rights to land by December 31, 2011 and 2010 can beexplained as follows:


- 2,398,134,151 8,995,448,859 2,563,344,979 1,880,000,000

842,976,800

13,360,401,565 12,901,164,300

- 404,476,923

Saldo utang usaha yang berasal dari kegiatan usaha pokokentitas terdiri dari:

Account payable balance coming from fundamental businessactivity entitas spring consisted:

- -

Aset dalam proses sebesar pada 31 Desember 2011 dan2010 masing-masing sebesar Rp24.235.850.424 danRp19.110.097.153 dapat dijelaskan sebagai berikut:

Assets in the process of registration on December 31, 2011and 2010 respectively amounting to Rp24,235,850,424 danRp19,110,097,153 can be explained as follows:


22,483,242,590 28,001,964,026

45


PT Bank Rakyat Indonesia PT Bank Rakyat Indonesia(Persero) Tbk (Persero) TbkPT Bank Mandiri (Persero) Tbk PT Bank Mandiri (Persero) Tbk

Total Total

PT Bank Mandiri (Persero) Tbk PT Bank Mandiri (Persero) Tbk

15. PINJAMAN BANK JANGKA PENDEK (Lanjutan) 15. SHORT TERM BANK LOANS (Continued)

(i) Fasilitas Kredit Modal Kerja (KMK) (i) Working Capital Credit Facility ( KMK)

Pokok pinjaman Loan

Masa pinjaman Tenor

Sifat kredit Credit character

Tingkat bunga Interest rateJaminan Collateral

- -Tanah dan bangunan Laboratorium Cibitung denganbukti kepemilikan SHGB No. 66 yang terletak diCibitung a/n PT Sucofindo (Persero), dan GedungSucofindo cabang Surabaya dengan sertifikat SHGBNo. 248 dan SHGB No. 249, yang diikat dengan Hak

Land and building of Cibitung Laboratory with certificate ofowner ship of SHGB No.66 which located in Cibitungunder the name of PT Sucofindo (Persero), and theBuilding of Sucofindo branch Surabaya with certificateSHGB No. 248 and SHGB No. 249, it was bounded under

Rp50.000.000.000

1 (satu) tahun/ 1 (one) year

Revolving

10%

Fasilitas Jaminan KMK dijamin dengan jaminan sebagaiberikut:

The collateral of the credit facility is as follows:

Pada bulan Agustus 2008 entitas mengajukan kembaliPermohonan Kredit Modal Kerja kepada PT Bank Mandiri(Persero), Tbk. dan telah mendapatkan persetujuan padabulan September dengan Surat No.CBG.ONE/SPPK.RD1.103/2008 tanggal 22 September2008. Pada Addendum I mengenai Perjanjian Kredit ModalKerja yang dibuat di Jakarta pada tanggal 6 Oktober 2009dimana entitas mendapatkan jangka waktu fasilitas kreditdalam perjanjian ditetapkan untuk diperpanjang selama1(satu) tahun terhitung sejak tanggal 9 Oktober 2009 sampaidengan tanggal 8 Oktober 2010.

In August 2008, the Company already filed an Application forWorking Capital Credit Facility to PT Bank Mandiri (Persero)Tbk, and was approved in September by Letter No. CBG.ONE/ SPPK. RD1. 103/ 2008 September 22, 2008. InAddendum I of Working Capital Credit Agreement made inJakarta on October 6, 2009 established that credit facility isextended for 1 (one) year starting from October 9, 2009untilOctober 8, 2010.

Pada bulan Oktober 2010 entitas mengajukan kembaliPermohonan Kredit Modal Kerja kepada PT Bank Mandiri(Persero), Tbk. dan telah mendapatkan persetujuan padabulan Oktober dengan Surat No. KP.CRO/046/PK-KMK/2008, Akta Nomor 1 tanggal 8 Oktober 2008 FasilitasTreasury Line pada PT Bank Mandiri (Persero), Tbk. sesuaiAddendum II No. KP.CRO/004/PGB/2008 Akta Nomor 3.tanggal 8 Oktober 2008 yang ditandatangani tanggal 7Oktober 2010. Fasilitas Bank Garansi pada PT BankMandiri (Persero), Tbk. sesuai Addendum II No.KP.CRO/004/PGB/2008, Akta Nomor 3 tanggal 8 Oktober2008 yang ditandatangani tanggal 7 Oktober 2010. Fasilitaspinjaman yang diberikan terdiri dari:

In October 2010 the Company filed back to the WorkingCapital Loan Application PT Bank Mandiri (Persero) Tbk. andwas approved in October by Letter No. KP.CRO/046/PK-KMK/2008, Deed No. 1 dated October 8, 2008 TreasuryFacility Line on PT Bank Mandiri (Persero) Tbk. based onAddendum II No. KP.CRO/004/PGB/2008 Deed No. 3. datedOctober 8, 2008 which was signed on October 7, 2010. BankGuarantee Facility in PT Bank Mandiri (Persero) Tbk. basedon Addendum II No. KP.CRO/004/PGB/2008, Act No. 3dated October 8, 2008 which was signed on October 7,2010. Loan facility consists of:

75,028,185,000 43,682,097,177

Fasilitas pinjaman yang diberikan PT Bank Mandiri(Persero), Tbk. kepada entitas terdiri dari Fasilitas KreditModal Kerja Revolving dan telah mengalami beberapa kaliperpanjangan terakhir dengan surat dari PT Bank Mandiri(Persero), Tbk. No. CBG.ONE/SPPK.RD1.01/2007 yangberakhir pada tanggal 13 Juni 2008.

Credit facility from PT Bank Mandiri (Persero), Tbk consistsof Revolving Working Capital Credit Facility and has beenextended several times, most recently with a letter from PTBank Mandiri (Persero) Tbk, No.CBG.ONE/SPPK.RD1.01/2007 and ended in June 13, 2008.

68,778,185,000 18,682,097,177 25,000,000,000

6,250,000,000

46


- Piutang usaha yang diikat secara fiducia. - Trade receivables are bound by fiduciary.

(ii) Fasilitas Forex Line (ii) Forex Line Facility

Pokok pinjaman: Loan

Masa pinjaman Tenor

Sifat kredit Credit character

Tenor per transaksi Tenor per transaction

Underlying Transaction Underlying transaction

Jaminan CollateralTerkait dengan agunan Fasilitas KMK Revolving Related to the collateral of revolving working

capital credit facility

15. PINJAMAN BANK JANGKA PENDEK (Lanjutan) 15. SHORT TERM BANK LOANS (Continued)

Fasilitas Forex Line Forex Line Facility

Pokok pinjaman: LoanMasa pinjaman TenorTujuan penggunaan: The usage of loan:Penerbitan Tender Bond, Advance Payment Bond, Issuing Tender Bond, Advance Payment Bond,

Performance Bond dan Retensi Bond. Performance Bond and Retension Bond.Jaminan: Collateral:Terkait dengan Jaminan Fasilitas KMK. Related to the collateral of revolving working

capital credit facility

PT Bank Rakyat Indonesia (Persero) Tbk PT Bank Rakyat Indonesia (Persero) Tbk

(i) Fasilitas Kredit Modal Kerja (KMK) (i) Working Capital Credit Facility ( KMK)

Pokok pinjaman LoanTenor

1 (satu/ one) tahun/ year

Pada tanggal 12 Juni 2008, entitas mendapat persetujuanfasilitas pinjaman dari PT Bank Rakyat Indonesia (Persero),Tbk. sesuai dengan Akta Perjanjian Kredit dari NotarisYualita Widyadhari. SH.,No. 25 tanggal 12 Juni 2008,kemudian pada tanggal 11 September 2009 PT BankRakyat Indonesia (Persero), Tbk. setuju untukperpanjangan fasilitas kredit KMK dan terdapat penawaranperpanjangan kredit dengan Surat No. R.II.315-ADK/DKR/08/2010, tanggal 24 Agustus 2010. Untukfasilitas Bank Garansi terdapat penawaran kredit denganSurat No. R.II.315-ADK/DKR/08/2010, tanggal 24 Agustus2010 perihal dengan penjelasan sebagai berikut:

On June 12, 2008, the Company approved a loan facilityfrom PT Bank Rakyat Indonesia (Persero) Tbk. CreditAgreement in accordance with the Deed of Notary YualitaWidyadhari. SH., No. 25 dated June 12, 2008, then onSeptember 11, 2009 PT Bank Rakyat Indonesia (Persero)Tbk. agreed to the extension of working capital creditfacilities and there are bidding credit extension by Letter No.R.II.315-ADK/DKR/08/2010, August 24, 2010. For BankGuarantee facilities are offering loans with Letter No.R.II.315-ADK/DKR/08/2010, dated August 24, 2010 subject to thefollowing explanation:

Rp130.000.000.0001 (satu) tahun sejak tanggal 12

of 2 ( two) months

Tagihan/piutang dalam US Dollar/

Receivable in US Dollar

(iii) (iii)

Rp10,000,000,000

y g gTanggungan I.

,first degree hypothecation.

USD2,000,000

1 (satu/ one) tahun/ year

Advised & Uncommitted

Maksimal 2 (dua) bulan/ Maximum

47


Masa pinjaman Credit characterInterest rate

Tingkat bunga Interest rateJaminan Collateral

- -

- Piutang usaha yang diikat secara fiducia. - Account receivables are bound by fiduciary.

16. UANG MUKA PENJUALAN 16. ADVANCE SALES

Sektor Pertanian Agriculture SectorSektor Konsumen dan Industri Industrial and Consumer SectorSektor Mineral Mineral SectorSektor Minyak dan Gas Oil and Gas SectorSektor Financial Finance SectorSektor Engineering and Transportation Rekayasa dan Transportasi SectorSektor Kehutanan, Forestry, Marine-Fisheries andKelautan dan Lingkungan Environtmental Sector

Sektor Pemerintah dan Goventmental, Institusion andInstitusi International International Sector

Sektor Sertifikasi Sucofindo InternationalInternational Sucofindo Certification Sector

Sektor Umum General SectorLainnya Other

Total Total

17. PENDAPATAN DITERIMA DIMUKA 17. UNEARNED REVENUES

Pendapatan diterima dimuka adalah penerimaanpendapatan atas jasa yang belum diberikan dan baru akandiberikan oleh entitas pada periode berikutnya. Saldo per31 Desember 2011 dan 2010 adalah sebagai berikut:

Unearned revenues are the revenue that receipt in advancefrom the service which has not been given and will be givenby Company in the previous period. The balance ofunearned revenue as of December 31, 2011 and 2010 are

5,718,438,679 5,395,723,635 2,693,985,663 4,099,120,715

27,719,952,634 21,119,837,837

102,041,604 299,328,301

20,314,500 19,614,500

709,634,199 928,049,579

101,081,903 135,272,349 9,818,818 141,497,654

3,812,088,077 1,596,646,678

292,078,170 373,930,366 1,995,652,189 1,282,934,225

12,264,818,832 6,847,719,835

Uang muka dari pelanggan merupakan uang muka yangditerima dari pelanggan. Jumlah tersebut secaraproporsional akan dikompensasikan dengan tagihan yangdidasarkan atas kemajuan fisik yang telah dicapai pada 31Desember 2011 dan 2010 terdiri dari:

Advances from customers represents advances receivedfrom customers or owners of the project. The amount is inproportion with the bill will be compensated based onphysical progress has been achieved.


June 12, 200910%

Fasilitas Jaminan KMK dijamin dengan jaminan sebagaiberikut:

The collateral of the credit facility is as follows:

Tanah seluas 23.390 m2 berikut bangunan GrahaSucofindo yang digunakan untuk perkantoran terdiri

dari 16 lantai dengan luas bangunan 28.601 m2 yangterletak di Jalan Raya Pasar Minggu Kavling34,Kelurahan Pancoran, Kecamatan MampangPrapatan, Kotamadya Jakarta Selatan dengan buktikepemilikan SHGB Nomor 596/Pancoran.

Land with total area of 23,390 m 2 ,including 16 floorsoffice building of Graha Sucofindo with total area of

building 28,601 m 2 which located in Jalan RayaPasarMinggu Kavling 34, Kelurahan Pancoran, KecamatanMampang Prapatan, Kotamadya Jakarta Selatan withcertificate of ownership (SHGB) Number 596/Pancoran.

Juni 2009/ 1 (one) yearcommencing from the date of

48


Sewa/ service charge diterima Rent/ accepted service chargeLainnya Others

Total Total

18. BIAYA YANG MASIH HARUS DIBAYAR 18. ACCRUED EXPENSES

Biaya pegawai Employee expensesBiaya operasional Operating expensesBiaya fasilitas Facility expensesBiaya umum General expensesBiaya kantor Office expensesBiaya perjalanan dinas Business trip expensesBiaya diklat Education and training expensesBiaya promosi Promotion expensesBiaya lainnya Other expenses

Total Total

18,716,885,296 -

142,881,476,311 63,123,319,600

Biaya pegawai sebagian besar merupakan biaya cadanganinsentif karyawan yang dihitung dari jumlah persentase labausaha yang tersedia pada akhir tahun berdasarkan RapatUmum Pemegang Saham Pengesahan RencanaAnggaran.

The employee expenses most consists of allowances foremployee incentive that is calculated from certainpercentage of available operating income at the end oftheyear based on General Meeting of Shareholders Ratificationof Budget Plan.

Biaya operasional antara lain adalah biaya bahan operasi,sub kontrak, analisa laboratorium dan operasi lainnyadalam rangka menunjang kegiatan operasional entitas.

Operating expenses are operation material expenses, sub-contracts, laboratory analysis and other operation expensesin order to support operational activities of the Company.

368,080,758 258,600,413 143,005,000 63,797,848 102,153,000 22,500,000

3,224,904,360 5,854,510,507 3,962,378,918 2,091,268,078 3,211,671,850 1,205,586,367

Rp Rp45,220,423,025 20,258,487,629 67,931,974,104 33,368,568,758

Sewa/service charge diterima dimuka merupakanpendapatan yang telah diterima atas sewa ruang kerja atauarea di atas gedung untuk pendirian tower komunikasi danatas service charge oleh entitas.

Rent/ service charges received in advance representsincome received from rental of space or the area above thebuilding for the establishment of communication towers andon service charges by the Company.

Saldo biaya tahun berjalan yang masih harus dibayar padatahun berikutnya per 31 Desember 2011 dan 2010 adalahsebagai berikut:

The balance of accrued expenses as of December 31, 2011and 2010 are as follows:


4,400,520,646 5,474,893,007 732,399,216 492,202,000

5,132,919,862 5,967,095,007

g ,as follows:


Biaya lainnya yang masih harus dibayar antara lain adalahbiaya cadangan operasional lainnya pada SBUPemerintahan dan Institusi International sebesarRp8.940.006.581, Cabang Jakarta sebesarRp1.525.890.767, Proyek di Cabang CibitungRp893.006.009 dan biaya konsultansi reformulasi bisnis

Other accrued expenses include the operational reserve atthe SBU Government and International Institute ofRp8,940,006,581, Jakarta Branch of Rp1,525,890,767,Projects Branch Cibitung Rp893,006,009 and costconsultancy reformulation of corporate businessRp6,005,327,180.

49


19. UTANG LAINNYA 19. OTHER LIABILITIES

Pihak Berelasi Related PartiesKoperasi pegawai Cooperation employee

Sub Total Sub Total

Pihak Ketiga Third PartiesAsuransi JHT/THT Insurance JHT/THTJamsostek JamsostekUtang Gratifikasi /Tantiem Gratifikasi /TantiemUtang Serikat Pekerja Sucofindo Sucofindo Union LaborUtang jaminan Guarantee debtUtang dividen DividendLainnya Others


19. UTANG LAINNYA (Lanjutan) 19. OTHER LIABILITIES (Continued)

20. IMBALAN PASCA KERJA 20. EMPLOYEE BENEFIT OBLIGATION

Premi Asuransi THT/JHT yangMasih Harus Dibayar Accrued Premi Insurance THT/JHT

Total Total

a. Premi THT/JHT Jatuh Tempo a. Maturity of Premium THT / JHT

11,503,075,076 15,035,535,130

Premi asuransi THT/JHT yang masih harus dibayarmerupakan premi asuransi berdasarkan PerjanjianPengelolaan Kesejahteraan Karyawan antara entitasdengan PT Asuransi Jiwasraya (Persero) Nomor0194/DRU-X/PSDM/2002 dan Nomor 060.S.J.U.102002

Insurance Premium for THT/JHT which still must bepaid is insurance premium based on Agreement ofManagement of Prosperity of Employee betweenCompany with PT (Persero) Insurance JiwasrayaNumber 0194/DRU-X/PSDM/2002 and Number


11,503,075,076 15,035,535,130

Utang dividen per 31 Desember 2011 dan 2010 sebesarRp176.058.127 dan Rp59.771.999 merupakan utangdividen yang belum dibayarkan milik entitas anak yangmerupakan bagian dari pemegang saham minoritas.

Dividends payable as of December 31, 2011 and 2010amounting to Rp176,058,127 and Rp59,771,999 is anunpaid dividends payables that owned by the Subsidiaries asa part of the minority shareholders.

710,679,942 154,735,918

1,748,285,377 1,547,951,474 2,161,472,435 1,937,327,682

169,500 7,939,500 174,166,426 137,901,453 176,058,127 59,771,999

568,508,272 661,670,273 118,703,110 380,977,805

- 144,954,526

413,187,058 389,376,208

413,187,058 389,376,208


Asuransi THT/ JHT per 31 Desember 2011 dan 2010masing-masing sebesar Rp568.508.272 danRp661.670.273 yang merupakan biaya tambahan programTHT/JHT tahun 2011 dan 2010 berdasarkan hasilrekonsiliasi data dengan PT Asuransi Jiwasraya (Persero)mengenai kenaikan gaji dasar pensiunan dan penghargaanpegawai yang telah pensiun atau meninggal.

Insurance THT/JHT as of December 31, 2011 and 2010respectively amounting to Rp568,508,272 andRp661,670,273 is an additional expenses of THT/JHTprogram for the year 2011 and 2010 based on datareconsiliation of with PT Insurance Jiwasraya (Persero)regarding the increase of retired base salary andappreciation to the retired employee

Utang gratifikasi Rp144.954.526 per 31 Desember 2010merupakan utang gratifikasi dan tantiem milik anak entitasyaitu PT Sucofindo Episi yang belum dibayarkan pada 31Desember 2010.

Gratuity payable of Rp144,954,526 as of December 31,2010 is the gratuities and bonus payable sowned by theSubsidiaries, which is PT Sucofindo Episi,unpaid.

p ycorporate Rp6.005.327.180.

Rp6,005,327,180.

50


20. IMBALAN PASCA KERJA (Lanjutan) 20. EMPLOYEE BENEFIT OBLIGATION (Continued)

Utang premi: Premium debt:Utang premi awal Beginning premium debtPenambahan AdditionPembayaran sampai dengan

tahun berjalan Payment over the year

Utang denda: Interest payable:Utang denda awal Beginning Penalty payablePenambahan AdditionPembayaran sampai dengan


Utang bunga awal: Interest payable:Utang bunga awal Beginning interest payablePenambahan AdditionPembayaran sampai dengan


Total Total

24,354,016,965 31,736,791,842

11,503,075,073 14,990,163,621

6,476,324,021 42,333,416,059 58,333,416,059

Total kewajiban yang harus dibayar tersebut dicatat kedalam rekening extra comptable entitas.

Total liabilities that must be paid by the Company isrecorded into Company’s extra comptable account.

Perhitungan aktuaria dilakukan oleh PT KompujasaAktuaris Indonesia, aktuaria Independen sesuaiPernyataan Aktuaria Perhitungan Biaya untuk ProgramTunjangan Hari Tua dan Jaminan Hari Tua Pegawaimasing-masing per 31 Desember 2011 berdasarkanlaporannya Nomor 015B/TEK-AI/I/2012 tanggal 9Januari 2012 dan Nomor 127/TEK-AI/II/2011 tanggal 7Januari 2011. Perhitungan aktuaris tersebutmenggunakan asumsi-asumsi sebagai berikut :

The actuarial valuation was carried out by PTKompujasa Aktuaris Indonesia, Independent Actuarial in accordance with Statement of Actuarial CostCalculations for Retirement Benefits Scheme and OldAge Officer Security respective lyas of December 31,2011 based on there port Number 015B/TEK-AI/I/2012dated on January 9, 2012 and Number 127/TEK-AI/II/2011 dated January 7, 2011. The actuarialcalculations used the following assumptions:

(5,130,136,575) (8,101,044,464)

14,990,163,621 18,807,388,361 - -

(3,487,088,548) (3,817,224,740)

31,736,791,842 39,818,522,638 - -

(7,382,774,877) (8,081,730,796)

11,606,460,596

Rp Rp

tanggal 22 Oktober 2002 yang telah jatuh tempo tetapibelum sepenuhnya dibayar sebesar Rp69.842.660.852.

060.S.J.U.102002 date of October 22, 2002 which hasmatured but not yet fully paid amounted toRp69 842 660 852

Pada tanggal 15 Agustus 2008 entitas mengadakanAmandemen terhadap Perjanjian PengelolaanKesejahteraan Karyawan antara entitas dengan PTAsuransi Jiwasraya (Persero) Nomor 114/DRU-VI/PSDM/2008 dan Nomor 083a.SJ.U.0808. Dalamperjanjian dijelaskan jumlah kewajiban yang masihharus dibayar atas tunggakan premi sekaligus per 31Mei 2008 yang terdiri dari hutang pokok premi danhutang denda sebesar Rp72.890.054.569. Mulai bulanJuni 2008 entitas harus membayar tunggakan premisekaligus setiap 3 (tiga) bulan.

In Augusts 15, 2008 the Company performsamendment to the Agreement of Management ofEmployee Prosperity between Company with PT(Persero) Insurance Jiwasraya Number 114/DRU-VI/PSDM/2008 and Number 083a.SJ.U.0808. In thisagreement is explained regarding company’s liabilitieson unpaid premium as of Mays 31, 2008 which consistof premium principal and penalty that amounting toRp72,890,054,569. Starting June 2008, the Companymust pay in advance for 3 months.

11,606,460,596 19,707,505,060 - -

Sebesar Rp4.000.000.000 dan akan berakhir padatanggal 1 September 2014. Jumlah kewajiban yangtelah jatuh tempo tetapi belum sepenuhnya dibayarsebesar Rp58.333.416.059 dengan rincian sebagaiberikut:

Unpaid premium amounting to Rp4,000,000,000 andfinish on September 1, 2014. Total liabilities which havematured but not yet fully paid amounted toRp58,333,416,059 with details as follows:


51


Asumsi Aktuaria Assumption Aktuaria:Tingkat diskonto Discount rateKenaikan gaji Increase of salaryBasis tabel Tables basisPeluang cacat Defect opportunityPeluang keluar dan meninggal

dunia Exit opportunity and passawayTingkat pengembalian aset Program asset rate of return

program yang diharapkan expected ( Expected Return)

Metode perhitungan Calculation method


Biaya jasa kini Current service expensesBiaya bunga Interest expensesPengembalian aset program

yang diharapkan Expected return of asset programKeuntungan/kerugian aktuaria

yang belum diakui Unrecognized gain/ loss of actuarial

Total Total

Nilai sekarang kewajiban awalperiode Present value at the beginning period

Nilai wajar aset program Fair value of asset program

Status pendanaan Financing statusKeuntungan/kerugian aktuaria

yang belum diakui Unrecognized gain/loss of actuarial

Total Total

Kewajiban pada awal periode Balance at the beginning of the yearBeban manfaat karyawan yang Estimated employee benefit

diakui pada tahun berjalan during the yearPembayaran pasca kerja Payment of employee benefit(12,512,911,452) (20,000,000,000)


342,253,694 (3,871,977,504)

(162,876,887,833) 62,291,934,082

20,921,077,147 (342,253,694)

Perubahan estimasi aset program THT/ JHT yangdiakui di neraca adalah sebagai berikut :

Changes in the estimated plan assets THT/ JHTrecognized in the balance sheet are as follows:

(146,458,710,592) 132,377,492,129

183,797,964,980 (62,634,187,776)

Mutasi aset program manfaat THT/ JHT yang diakui dineraca adalah sebagai berikut:

Movements in benefit plan assets THT/ JHT recognizedin the balance sheet are as follows:


(10,590,199,370) (10,438,386,850)

6,880,605,091 5,127,923,642

33,091,734,905 24,214,231,199

33,091,734,905 24,214,231,199

16,325,102,794 9,617,704,219 20,476,226,390 19,906,990,188

Credit Credit

Perhitungan beban imbalan kerja karyawan yang diakuidi laporan laba rugi adalah sebagai berikut :

The calculation of employee benefit expenserecognized in the income statement is as follows:


double decrement double decrement

10.00% 10.50%

Projected Unit Projected Unit

330,256,675,572 (195,011,679,905)

CSO-80 CSO-80- -


10.00% 10.50%

Rp Rp

10.00% 5%

52


Total Kewajiban (Aset) Total Liabilities (Asset) at The EndAkhir Periode of Period

b. Imbalan Pasca Kerja yang Tidak Didanai b. Unfunded Employment Benefits

Imbalan pasca kerja yang tidak didanai terdiri dari: Unfunded post-employment benefit are as follows:

Induk entitas : Parent company:Kewajiban pensiun berdasarkan Pension obligations under the Labor

UU Ketenagakerjaan LawKewajiban imbalan THT/ JHT Benefit obligation of THT/JHTAnak entitas Subsidiaries company

Total Total


b. Imbalan Pasca Kerja yang Tidak Didanai (Lanjutan) b. Unfunded Employment Benefits (Continued)

Entitas Induk Parent Entity

Nilai kini kewajiban imbalan Current value of Post Service Benefitpasti Obligation

Beban tahun berjalan Current Year ExpensesAsumsi aktuaria: Actuarial Assumption:Bunga aktuaria Discount rate per AnnumKenaikan gaji Incremental rate of salaryBasis tabel Tables basisDecrement (mengundurkan diri, Decrement ( resignment, disability

cacat, meninggal dunia) ,death)Metode perhitungan Calculation method

Biaya jasa kini Current service costBiaya bunga Interest expensesAmortisasi biaya jasa lalu non Amortization of past service cost-

Rp Rp6,479,513,574 5,853,137,092

10,396,505,217 9,277,273,597

Perhitungan beban imbalan kerja sesuai denganundang-undang ketenagakerjaan yang diakui dilaporanlaba rugi adalah sebagai berikut :

Calculation of employee job activity reward burdenconfessed in balance report is as follows :


7% 7%CSO-80 CSO-80

telah dihitung telah dihitung

112,512,702,299 99,014,335,397 22,113,501,001 19,867,535,582

10.00% 10.50%


20,921,077,147 342,253,694 1,006,769,585 834,750,973

95,710,768,275 60,793,068,537


73,782,921,543 59,616,063,870

Project Unit Credit Project Unit Credit

20,921,077,147 342,253,694

Perhitungan aktuaria dilakukan oleh PT KompujasaAktuaris Independen sesuai Pernyataan AktuariaPerhitungan Biaya untuk Uang Pesangon, UangPenghargaan Masa Kerja dan Uang Penggantianmasing-masing per 31 Desember 2011 dan 2010berdasarkan laporannya Nomor: 015A/TEK-AI/I/2012tanggal 9 Januari 2012 dan 127/TEK-AI/II/2011 tanggal7 Januari 2011. Perhitungan aktuaris tersebutmenggunakan asumsi-asumsi sebagai berikut:

The actuarial valuation was carried out by PT KompujasaIndependent Actuarial in accordance with Statement ofActuarial Cost Calculations for Retirement BenefitsScheme and Old Age Officer Security respectively as ofDecember 31, 2011 and 2010 based on the reportNumber: 015A/TEK-AI/I/2012 dated January 9, 2012 and127/TEK-AI/II/2011 dated January 7, 2011. The actuarialcalculations used the following assumptions:

53


vested yang belum diakui UnvestedKeuntungan/kerugian aktuaria

yang diakui Unrecognized/gain loss of actuarial

Total beban yang diakui di Total expense recognized in the profit /laba/ rugi Loss


b. Imbalan Pasca Kerja yang Tidak Didanai (Lanjutan) b. Unfunded Employment Benefits (Continued)

Nilai kini kewajiban imbalan Present value of employee benefitpasti obligation

Keuntungan (kerugian)aktuaria yang belum diakui Unrecognized gain (loss) of actuarial

Biaya jasa lalu non vested Unrecognized past service cost

yang belum diakui unvested

Total kewajiban yang Total liabilities recognized in thediakui di neraca balance sheet

Kewajiban pada awal periode Beginning balance of liabilityBeban yang diakui laba/rugi Current expense periodPembayaran pasca kerja aktual Actual employee benefit payment

Total Kewajiban (Aset) Total Liabilities (Assets) recognized inyang diakui di neraca the balance sheet

Entitas Anak Subsidiaries

Nilai sekarang kewajiban akhir Present value of employee benefitperiode obligation

Keuntungan/kerugian aktuaria Unrecognized gain (loss)yang belum diakui of actuarial

Amortisasi biaya jasa lalu non Amortization of past service cost

Rp Rp

841,054,801 728,471,696

236,142,549 205,063,001

(7,946,643,328) (6,739,115,646)

73,782,921,543 59,616,063,870


59,616,063,870 46,487,643,934 22,113,501,001 19,867,535,582

73,782,921,543 59,616,063,870

Perubahan estimasi kewajiban atas imbalan kerja yangdiakui di neraca adalah sebagai berikut :

Changes in the estimated liability for employee benefitsrecognized in the balance sheet are as follows:


112,512,702,299 99,014,335,397

(27,107,583,380) (25,823,680,936)

(11,622,197,376) (13,574,590,591)


1,952,393,215 1,952,393,215

3,285,088,995 2,784,731,678

22,113,501,001 19,867,535,582

Rp Rp

Mutasi kewajiban atas imbalan kerja yang diakuidineraca adalah sebagai berikut :

The movement in employee benefit obligation is asfollows:

54


vested Unvested

Total Total

Kewajiban pada awal periode Beginning balance of liabilityBeban yang diakui di laba/rugi Current expense period

Total Total

21. UTANG JANGKA PANJANG LAINNYA 21. OTHER LONG TERM LIABILITIES

Utang Jaminan/Deposit Surety/ deposit payableDana Pesangon Direksi/ Retirement allowance for

Komisaris Directors/CommissaryLainnya Others

Total Total

22. 22.

Koperasi Pegawai

Sucofindo/

Sucofindo Employee

Cooperation

Koperasi Pegawai

Sucofindo/

Sucofindo Employee

Cooperation

Koperasi Pegawai

Sucofindo/

5% in PT Sucofindo Episi 100,000,000 (139,427,212) (39,427,212)

20% di PT Sucofindo

5% di PT Sucofindo Episi/

Investment Percentage Minority Portion of Share Net Income Assets

8,57% di PT Sucofindo

Advisory Utama/ 8,57% in

Bagian Pemilikan Minority Interest To Bersih/

Persentase Penyertaan/ Saham Minoritas/ Subsidiaries Company Minority Interest To Net

2011Hak Minoritas Atas Laba

Bersih Anak

entitas/ Hak Minoritas Atas Aset

Saldo utang jaminan/deposito jangka panjang adalahpenerimaan uang jaminan dari para tenant atas kegiatanjasa properti.

Long term loan guarantee/deposit payable representsdeposit receipt from tenants relates to property service.

KEPENTINGAN NONPENGENDALI NON-CONTROLLING INTERESTS

- 504,600,000 842,358,754 93,630,035

3,891,739,077 3,634,445,392

PT Sucofindo Advisory

Utama 300,000,000 468,428,882 768,428,882

Rp Rp3,049,380,323 3,036,215,357

172,018,613 157,265,066

1,006,769,585 834,750,972

Saldo utang jangka panjang lainnya terdiri atas: The balance of other long-term debt consists of:


834,750,972 677,485,906

Kepentingan non pengendali merupakan bagian modal,laba tahun berjalan dan cadangan umum entitas anakdengan rincian sebagai berikut:

Minority interest are part of capital, current profit and generalreserve of subsidiary which details are as follows:

1,006,769,585 834,750,972

Perubahan estimasi kewajiban atas imbalan kerja yangdiakui di neraca adalah sebagai berikut :

Changes in the estimated liability for employee benefitsrecognized in the balance sheet are as follows:


(70,427,765) (98,783,725)

55


Sucofindo Employee

Cooperation

22. 22.

Koperasi Pegawai

Sucofindo/

Sucofindo Employee

Cooperation

Koperasi Pegawai

Sucofindo/

Sucofindo Employee

Cooperation

Koperasi Pegawai

Sucofindo/

Sucofindo Employee

Cooperation

23. MODAL SAHAM 23. CAPITAL STOCK

Saham/ Ditempatkan/ Issued and Fully Paid In

Autorized Capital Unissued Capital Capital

Pemegang Saham/

Stockholders

Modal Saham Yang

Modal Saham Telah Ditempatkan dan

Total Modal Yang Belum disetor/

400,000,000 146,276,266 765,154,429

Berdasarkan Salinan Akta Pernyataan KeputusanPemegang Saham entitas No 10 tanggal 8 Agustus 2008dari Notaris Indah Prastiti Extensia,S.H., Notaris di Jakarta.Modal Dasar entitas yang semula sejumlah 200.000 lembarsaham menjadi sejumlah 1.200.000 lembar saham dengannilai nominal masing-masing sebesar Rp1.000.000 perlembar saham sehingga komposisi modal saham sebagaiberikut:

Based on the deed of Company’s Stockholder DecissionsNo. 10 date of August 8, 2008 of Notary Indah PrastitiExtensia, S.H., notary in Jakarta. The Company’s authorizedcapital that initialy amounting to 200,000 shares, was increased into 1,200,000 shares with nominal valueRp1,000,000 per share, so the composition of theshareholder of the company are as follows:

2011 dan/ and 2010

20% di PT Sucofindo

Logistics/ 20% in

PT Sucofindo Logistics - - -

688,655,723

5% di PT Sucofindo Episi/

5% in PT Sucofindo Episi 100,000,000 (41,036,436) 76,498,706

8,57% di PT Sucofindo

Advisory Utama/ 8,57% in

PT Sucofindo Advisory

Utama 300,000,000 187,312,702

Persentase Penyertaan/ Saham Minoritas/ Subsidiaries Company Minority Interest To Net

Investment Percentage Minority Portion of Share Net Income Assets

Bagian Pemilikan Minority Interest To Bersih/

Sucofindo Logistics - (357,574,911) (357,574,911)

400,000,000 (28,573,241) 371,426,759

Logistics/ 20% in PT

2010Hak Minoritas Atas Laba

Bersih Anak

entitas/ Hak Minoritas Atas Aset

KEPENTINGAN NONPENGENDALI (Lanjutan) NON-CONTROLLING INTERESTS (Continued)

56


Negara Republik Indonesia/

Republic of Indonesia

Societe Generale De Surveillance Holding S.A,Geneva

Total

24. 24.

25. PENGGUNAAN LABA DAN CADANGAN 25. THE USAGE OF PROFIT AND RESERVE

Laba Setelah Pajak Profit After TaxLaba Penjualan Asset Profit on Asset Sale

Laba Dibagi Profit is DividedPenggunaan laba : The usage of profit:

Dividen DividenCadangan ReserveBina lingkungan Community developmentPemberdayaan usaha kecil Development of small business

koperasi and cooperative

Saldo Sisa dari Alokasi Laba Balance

26. PENDAPATAN OPERASI 26. OPERATING REVENUE

Sektor Pertanian Agriculture Sector

Sektor Konsumen dan Industri Industrial and Consumer Sector

Sektor Mineral Mineral Sector

Sektor Minyak dan Gas Oil and Gas Sector

Sektor Financial Finance SectorSektor Engineering and TransportationRekayasa dan Transportasi Sector

Sektor Kehutanan, Forestry, Marine-Fishery and

64,184,756,473 64,683,625,240

42,407,219,153 35,977,050,821

362,462,941,633 240,242,196,145

64,827,509,721 73,380,740,651

374,759,268,261 313,769,897,112

Alokasi dari penggunaan laba telah direalisasikan masing-masing pada tahun buku 2011 dan 2010 untuk laba tahunbuku 2010 dan 2009 sesuai dengan penjelasan atas risalahrapat tersebut.

The allocation of profits us age has been realized from thefiscal year of 2011 and 2010 for income year 2010 and 2009according to the explanation of the minutes of the meeting.


(803,740,925) (840,077,986)

(401,870,463) (840,077,986)

- -

(2,009,352,314) (6,300,584,898) (36,972,082,568) (34,023,158,445)

40,187,046,270 42,003,899,315 - -

40,187,046,270 42,003,899,315

Berdasarkan Risalah Rapat Umum Pemegang Saham(RUPS) tentang Persetujuan Laporan Keuangan Tahunandan Pengesahan Perhitungan Tahunan Tahun Buku 2009dan 2008 masing-masing pada tanggal 29 Juni 2010 dan29 Juni 2009 dengan penjelasan sebagai berikut:

Based on the General Meeting of Shareholders regardingApproval on Annual Report and Ratification of AnnualCalculation for the period of 2009 and 2008, on June 29,2010 and June 29, 2009, it is explained as follows:


97,923,507,613 107,543,756,866

1,200,000,000,000 900,000,000,000 300,000,000,000

SELISIH TRANSAKSI PERUBAHAN EKUITAS ENTITASANAK

DIFFERENCES DUE TO CHANGES IN EQUITY OFSUBSIDIARIES

Saldo sebesar Rp369.028.789 per 31 Desember 2011 dan2010 berasal dari adanya perubahan struktur permodalanpada anak entitas yaitu PT Sucofindo Advisory Utama.Pada mulanya kepemilikan saham entitas di PT SucofindoAdvisory Utama sebesar 80% akan tetapi ditahun 2010kepemilikan entitas bertambah menjadi 91,43% disebabkankarena adanya penambahan modal disetor sebesarRp2.000.000.000.

The balance amounting to Rp369,028,789 as of December31, 2011 and 2010 derived from the change in capitalstructure of subsidiaries namely PT Sucofindo AdvisoryUtama. At first, the ownership of its shares in PT SucofindoAdvisory Utama by 80% but in 2010 the Company'sownership increased to 91.43% due to the addition of paidup capital amounting to Rp2,000,000,000.

1,140,000,000,000 855,000,000,000 285,000,000,000

60,000,000,000 45,000,000,000 15,000,000,000

57


Kelautan dan Lingkungan Environmental SectorSektor Sertifikasi Sucofindo InternationalInternational Sucofindo Certification Service Sector

Sektor Pemerintah dan Government and InternationalInstitusi International Institution Sector

Sektor Umum General Service SectorPT Sucofindo Advisory Utama PT Sucofindo Advisory UtamaPT Sucofindo Logistics PT Sucofindo LogisticsPT Sucofindo EPISI PT Sucofindo EPISI

Total Total

27. BEBAN OPERASI LANGSUNG 27. DIRECT OPERATING EXPENSES

Sektor Pertanian Agriculture SectorSektor Konsumen dan Industri Industrial and Consumer SectorSektor Mineral Mineral SectorSektor Minyak dan Gas Oil and Gas SectorSektor Financial Finance SectorSektor Engineering and TransportationRekayasa dan Transportasi Sector

Sektor Kehutanan, Forestry, Marine-Fishery andKelautan dan Lingkungan Environmental Sector

Sektor Sertifikasi Sucofindo InternationalInternational Sucofindo Certification Service Sector


Sektor Umum General Service SectorPT Sucofindo Advisory Utama PT Sucofindo Advisory UtamaPT Sucofindo Logistics PT Sucofindo LogisticsPT Sucofindo EPISI PT Sucofindo EPISI

Total Total

Beban operasional Operational expensesBeban gaji dan tunjangan

pegawai Salary and benefit expensesBeban perjalanan dinas Business travel expensesBeban fasilitas Facility expensesBeban kantor Office expensesBeban penyusutan Depreciation expenses

Total Total

41,146,545,338 35,148,975,986

941,616,775,698 764,894,362,440

94,571,926,752 82,209,023,139 118,351,449,189 118,248,982,163

Rp Rp

340,183,753,830 229,653,173,961

268,383,513,036 233,041,586,877

941,616,775,698 764,894,362,440

Beban operasi langsung menurut sifat bebannya adalahsebagai berikut:

Direct operating expenses according to nature of theexpenses are as follows:


- 50,903,815 15,401,247,173 7,513,598,345

13,559,696,221 11,765,914,210

84,656,216,885 42,804,487,977 93,224,335,955 105,406,636,123

22,597,184,533 21,099,709,277

287,874,065,862 183,900,786,722

50,488,816,854 52,128,739,701

78,979,587,554 66,592,620,314

210,064,205,970 176,111,588,048 39,107,191,328 36,407,341,916


58,711,575,389 71,096,441,926

10,261,916,810 9,543,352,638

1,420,955,816,966 1,148,206,808,984

Beban operasi langsung adalah biaya-biaya yang dapat diidentifikasikan langsung pada masing-masing dari jenissektor usaha dengan penjelasan sebagai berikut:

Direct operating expenses are the expenses that directlyindentified to each type of service sector as follows:

26,571,353,707 8,357,561,669

32,250,647,260 14,090,459,804 - 59,558,863

70,016,803,444 70,746,905,101

28,717,698,681 22,273,433,359

115,460,676,500 58,023,361,941

39,360,885,821 48,250,652,711

157,682,871,417 137,872,470,443

58


28. BEBAN OPERASI TIDAK LANGSUNG 28. INDIRECT OPERATING EXPENSES

Sektor Pertanian Agriculture SectorSektor Konsumen dan Industri Industrial and Consumer SectorSektor Mineral Mineral SectorSektor Minyak dan Gas Oil and Gas SectorSektor Financial Finance SectorSektor Engineering and TransportationRekayasa dan Transportasi Sector

Sektor Kehutanan, Forestry, Marine-Fishery andKelautan dan Lingkungan Environmental Sector

Sektor Sertifikasi Sucofindo InternationalInternational Sucofindo Certification Service Sector


Sektor Umum General Service SectorPT Sucofindo EPISI PT Sucofindo EPISI

Total Total

Beban gaji dan tunjangan Salary and allowance expensesBeban perjalanan dinas Business travel expensesBeban fasilitas Facility expensesBiaya penyusutan/ amortisasi Depreciation/ amortization expensesBeban kantor Office expensesBeban pendidikan/ latihan Education/ training expensesBeban umum General expenses

Total Total

29. LABA DARI KERJASAMA OPERAS 29. JOINT OPERATIONS PROFIT

128,586,730,363 116,416,728,965

5,242,161,456 4,727,446,840 26,253,653,404 10,922,072,476

4,430,348,129 5,661,146,591 9,615,702,175 9,203,633,602 6,268,884,544 6,173,023,486


60,338,819,551 63,533,875,135

128,586,730,363 116,416,728,965

Beban operasi tidak langsung menurut sifat bebannyaadalah sebagai berikut:

Indirect operation expenses according to the nature of theexpenses are as follows:

2,990,048,287 2,454,349,381

3,988,071,954 6,717,712,950 22,559,183,996 10,699,305,925

6,394,193,925 5,887,743,056

24,042,982,016 21,678,500,917

7,001,423,711 6,938,642,699

16,437,161,104 16,195,530,835

34,768,029,956 34,154,561,307 7,479,111,688 6,993,963,790


10,294,635,458 11,842,395,462

Beban operasi tidak langsung adalah biaya-biaya yangterjadi pada bagian operasional (biaya operasi) yang tidakdiidentifikasikan secara langsung pada masing-masingjenis jasa pada sektor usaha:

Indirect operating expenses are the operating expenseswhich can not be identified directly to the respective typeofservice or respective business sector, which consists of:

- 76,989,880

9,069,049,372 8,972,563,598

59


KSO SCI-SI KSO SCI-SIPendapatan RevenueBeban operasi Operation expensesBeban usaha Non operation expensesPendapatan (beban) di luar usaha Other revenue (expenses)

Total Total

29. LABA DARI KERJASAMA OPERASI (Lanjutan 29. JOINT OPERATIONS PROFIT (Continued)

30. BEBAN USAHA 30. OPERATING EXPENSES

Beban pemasaran Marketing expensesBeban umum dan administrasi General and administrative expensesBeban pengembangan Development expenses

Sub Total Sub Total

31. PENDAPATAN (BEBAN) LAIN-LAIN 31. NON OPERATING INCOME (EXPENSES)

Laba (rugi) selisih kurs Gain(Loss)from foreign exchangeJasa giro Current account interestBunga deposito Time deposit interestLaba penjualan aset tetap Gain on sale of fixed assetsSelisih lebih (kurang) kas Cash surplus(shortage)discrepancyDeviden DividendKlaim asuransi Insurance claimPendapatan lain-lain Others earningsBeban lain-lain Others burdenBiaya pinjaman Loan expenseBiaya pesangon Severance paymentLaba selisih kurs (forward) Profit of rate Difference ( Forward)

Total Total

(8,142,424,429) (18,050,792,584)

195,868,000 256,462,485

(33,895,849) (55,544,422)

2,053,262 (42,502,503)

2,591,217,961 (7,134,505,590) 408,845,519 573,565,798 306,742,484 194,976,229

5,945,985,415 (19,819,112,234)

Beban lain-lain untuk tahun 2011 sebesarRp17.848.473.105 diantaranya sebesar Rp8.269.154.288

Other expenses for the year 2011 amounted toRp17,848,473,105 includes of amounting to

492,129,516 730,523,697

4,343,696,721 (305,041,968)

(2,101,686,740) (693,644,582)

Rp Rp

392,236,309 204,184,960

7,491,202,660 4,503,206,246


270,904,839,700 205,124,356,145 6,128,264,799 9,634,923,114

300,854,599,533 230,366,169,340


23,821,495,034 15,606,890,081

58,659,749,394 53,815,018,532

158,479,270,650 143,542,984,942 (94,154,165,234) (84,117,241,096)

(5,114,549,772) (5,232,850,455)


Laporan keuangan atas akun laba rugi KSO SCI-SI untuktahun-tahun yang berakhir pada tanggal 31 Desember 2011dan 2010 disajikan sesuai dengan proporsi kepemilikian PTSucofindo (Persero) yaitu sebesar 50% (lihat Catatan 11).Laporan keuangan KSO SCI-SI tersebut telah diaudit olehauditor independen dengan laporannya Nomor: LA-GS/BTM/1201 tanggal 17 Februari 2012 dengan pendapatwajar tanpa pengecualian untuk tahun buku 2011 danNomor LA.KSS-MA/280211 tanggal 28 Febuari 2011dengan pendapat wajar tanpa pengecualian untuk tahunbuku 2010.

The income statement of the KSO SCI-SI for the years ended December 31, 2011 and 2010 is presented in the ownershipproposition of PT Sucofindo ( Persero), which is 50% (seeNotes 11). The financial Statement of KSO SCI-SI has beenaudited by independent auditor,with report Number LA-GS/BTM/1201 dated February 17, 2012 with unqualifiedopinion for the year 2011 and Number LA.KSS-MA/0120210dated February 18, 2011 with unqualified opinion for the year2010.

(550,806,251) (377,874,860)

60


32. BEBAN BUNGA PINJAMAN 32. INTERESTS EXPENSES

PT Bank Mandiri (Persero) Tbk PT Bank Mandiri (Persero) TbkPT Bank Rakyat Indonesia PT Bank Rakyat Indonesia (Persero)

(Persero) Tbk Tbk

Total Total

33. 33. SUMMARY OF RELATED PARTIES TRANSACTION

PT SPRINT Konsultan/ PT SPRINT ConsultantPT Surveyor Indonesia (Persero)/ PT Surveyor Indonesia

(Persero)SGS Singapore/ SGS SingaporeSGS Jeneva/ SGS GenevaKoperasi Pegawai/ Employee Cooperation

Aset AssetPiutang Lainnya (lihat Catatan 6) Other Receivables (see Note 6)Kewajiban LiabilitiesUtang Usaha (lihat Catatan 14) Account Payables (see Note 14)

Total Total

Utang piutang yang timbul dari transaksi dengan entitasafiliasi diperlakukan sebagaimana transaksi kepada pihakketiga secara normal.

Receivables and payables arising from related partiestransaction are treated as arms length or normal transactionwith third parties.

- -

24,184,329,895 18,408,593,103

Pihak Afiliasi/AffiliatedPihak Afiliasi/AffiliatedPihak Afiliasi/Affiliated


Pihak-pihak Berelasi/ Sifat Hubungan/

Related Parties Nature of Relation

Pihak Afiliasi/AffiliatedPihak Afiliasi/Affiliated

6,585,774,715 8,479,106,054

Beban bunga pinjaman untuk tahun-tahun yang berakhirpada tanggal 31 Desember 2011 dan 2010 merupakanbeban bunga atas kredit yang diberikan. (lihat Catatan15)

Interest loan expense for the years ended December 31,2011 and 2010 represents interest charges on loans. (seeNote 15)

IKHTISAR TRANSAKSI DENGAN PIHAK-PIHAKBERELASI

Rincian sifat dan jenis transaksi dengan pihak-pihakberelasi adalah sebagai berikut:

The nature and types of transactions whith related partiesare as follows:

Rp Rp3,219,307,349 4,463,219,999

3,366,467,366 4,015,886,055


24,184,329,895 18,408,593,103

merupakan biaya bunga penundaan/ reschedule pembayaran premi JHT & THT.

Rp8,269,154,288 represents interest expensepostponement/ rescheduling payment of premiums JHT&

61


34. 34.

Aset/ AssetsKas/ CashBank/ Cash in BankPiutang Usaha/ Account Receivables

Kewajiban/ LiabilitiesUang Muka Penjualan/ Advance SalesUtang Usaha/ Account Payables

Total

Aset/ AssetsKas/ CashBank/ Cash in BankPiutang Usaha/ Account Receivables

Liabilitas/ LiabilitiesUang Muka Penjualan/ Advance SalesUtang Usaha/ Account Payables

Total

35. PERIKATAN DAN PERJANJIAN PENTING 35. AGREEMENTS

Entitas Induk : Parent Entity:

49,948.20 8.850 11,608,636.04

Entitas mengadakan Perjanjian Pelaksanaan TransaksiValuta Asing dengan PT Danareksa (Persero). Perjanjiantersebut telah mengalami beberapa kali perpanjanganterakhir dengan perjanjian No. PJ32/328/LC dan 431/KAK-VI/2008 tanggal 25 Juni 2008 terhitung sejak tanggal 12April 2008 sampai dengan tanggal 12 April 2009. Perjanjianini mengalami perpanjangan lagi pada tahun 2010 denganNo. PJ-34/88-A/LG dan 299A/KAK-IV/TREA/10. Perjanjiantersebut dipandang perlu untuk entitas dengan penjelasan

The Company made an Foreign Exchange TransactionImplementation Agreement with PT Danareksa (Persero).The agreement has been extended several times recently byagreement No. PJ32/328/LC and 431/KAK-VI/2008 datedJune 25, 2008 commencing from April 12, 2008 to April 12,2009. This agreement has been extended again in 2010 withNo. PJ-34/88-A/LG and 299A/KAK-IV/TREA/10. Theagreement was deemed necessary for the Company with thefollowing explanation:

2010SGD EURO USD

- - 51,251.47

- 22,457.00 13,187,679.62

1,204.80 - 923,645.31

1,204.80 - -

51.153 8.850 11,345,167.69

- 96,415.23

- - 2,876,096.4351.153 8.850 8,417,819.79

33,649.00 22,457.00 9,653,191.00

-

- - 41,756.30 - - 3,492,732.32

13,187,679.62 22,457.00

IKHTISAR ASET DAN KEWAJIBAN DALAM MATA UANGASING

SUMMARY OF ASSETS AND LIABILITIES IN FOREIGNCURRENCY DENOMINATION

2011

SGD POUNDS USD

- - -

- - - - - -

62


- -

- -

35. PERIKATAN DAN PERJANJIAN PENTING (Lanjutan) 35. AGREEMENTS (Continued)

Entitas Anak (PT Sucofindo Advisory Utama):

36. KONTIJENSI 36. CONTINGENCIES

1. 1.

Pada tanggal 24 Juli 2009 SCI menjawab surat klaimdari DB tersebut dan isinya meminta DB untuk terlebihdahulu mengajukan klaim kepada CMP karenaberdasarkan CMA dan perjanjian-perjanjian lainnyabahwa kekurangan biji kopi menjadi tanggung jawabdari pihak lainnya dalam CMA yaitu CMP untuk

On July 24,2009, SCI answers claim letter from DB and itscontent is to asks DB for previousely submits claim toCMP, because based on CMA and the other agreements,that lacking of the coffee bean becomes responsibilityfrom other parties in CMA which is CMP to complement it.

Pelaksanaan Perjanjian Collateral ManagementAgreement ("CMA")

Implementation of Collateral ManagementAgreement (“CMA”)

PT Sucofindo (Persero) (“SCI”) bersama denganDeutsche Bank AG Jakarta (“DB”) dan PT CidengMakmur Pratama (“CMP”) mengadakan PerjanjianManajemen Agunan (“CMA”) untuk komoditi kopi.

PT SUCOFINDO (Persero) ("SCI") along withDeutscheBank AG Jakarta ("DB") and PT Cideng Makmur Pratama("CMP"), made an Collateral Management Agreement("CMA") for commodity of coffee.

Pada tanggal 26 Juni 2009 DB melalui suratnyamengajukan klaim secara resmi kepada SCI dengannilai klaim senilai USD5,470,815 (lima juta empat ratustujuh puluh ribu delapan ratus lima belas dolar Amerika)sebagai akibat dari dugaan kekurangan jumlah kopiyang terdapat di gudang yang diawasi oleh SCI.

In June 26, 2009, DB through its letter, raise claimofficially to SCI with claim value amounting toUSD5,470,815 (five millions four hundred seventythousand eight hundred fifteen American dollars), asconsequence of suspect lacking of coffee amountscontained in the warehouse that observed by SCI.

Untuk mencegah dan/ atau mengurangi kerugian entitasyang disebabkan oleh terjadinya fluktuasi nilai tukarvaluta asing untuk melakukan lindung nilai (hedgingatas pendapatan yang diperoleh dalam valuta asing.

To prevent and/ or reduce company losses caused byfluctuations foreign exchange to hedge on income earnedin foreign exchange.

Fasilitas transaksi yang diberikan kepada entitas denganjumlah keseluruhan tidak melebihi USD5,000,000 denganpersyaratan bahwa maksimum batas settlement dalam satuhari sebesar USD2,500,000 atau jumlah lain sebagaimanadimintaoleh entitas dan disetujui oleh Dana reksasebagaimana tercantum dalam surat konfirmasi yangmerupakan satu kesatuan dan bagian yang tidakterpisahkan dari perjanjian.

Transaction facilities provided to the Company with anaggregate amount not exceeds than USD5,000,000,with therequirement that the maximum limit for settlement within oneday is USD2,500,000 or other amounts as requested by theCompany and approved by the Danareksa, as stated in theletter of confirmation which is an integral part of theagreement.

Subsidiaries Company (PT Sucofindo Advisory Utama):

Perjanjian antara Pusat Pendidikan dan PelatihanPerhubungan Laut – Kementerian Perhubungan dan PTPPA Consultant in joint venture dan PT Sucofindo AdvisoryUtama dan Matsushita Gobel Foundation dengan No. IP-507 tanggal 10 Juni 2010 mengenai Jasa Konsultasi untukPendidikan dan Pelatihan Kemaritiman. Total biaya atasjasa konsultasi tersebut sebesar ¥263,943,900 danRp13.198.990.000. Jangka waktu pelaksanaan adalah 12bulan yaitu sejak diterimanya Surat Perintah Mulai Kerjatanggal 23 Juli 2010.

Agreement between Education and Training Center of SeaTransport - Ministry of Communications and PT PPAConsultants in joint venture and PT Sucofindo AdvisoryUtama and Matsushita Gobel Foundation No. IP-507 datedJune 10, 2010 regarding Consulting Services for MaritimeEducation and Training. The total cost of consultancyservices amounting ¥263,943,900 and Rp13,198,990,000.Exercise period is 12 months ofreceipt of Work OrderStarting July 23, 2010.

p g p g p jsebagai berikut:

following explanation:

Terdapat sejumlah pendapatan dari entitas yangdiperoleh dalam bentuk valuta asing;

There are a number of revenue from the Companyacquired in the form of foreign exchange;

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36. KONTIJENSI (Lanjutan) 36. CONTINGENCIES (Continued)

2. Pelaksanaan PMA No. 5289/FINS-VII/2005 2. Execution of PMA No. 5289/FINS-VII/200

Berdasarkan hasil seluruh pemeriksaan dalampersidangan maka pada tanggal 12 Desember 2006Majelis Hakim memutuskan bahwa Pengadilan NegeriMedan tidak berwenang mengadili perkara No.

Based on the results of all examinations in the trial,onDecember 12, 2006, the Panel of Judges ruledthat theDistrict Court of Medan has no jurisdiction to adjudicatecases No.198/Pdt.G/2006/PN.Mdn, because according to

PT Sucofindo (Persero) (”SCI”) bersama PT SuryaHutama Sawit (’SHS”) dan Bank Mandiri sepakat untukmelakukan Perjanjian Manajemen Agunan (”CMA”) No.5289/FINS-VII/2005 tertanggal 5 Juli 2005.

PT Sucofindo (Persero) ("SCI") and PT Surya HutamaSawit ("SHS") and Bank Mandiri agreed todo theCollateral Management Agreement ("CMA") No.5289/FINS-VII/2005 dated July 5, 2005.

Melalui Surat Panggilan dari Pengadilan Negeri Medantertanggal 4 Juli 2006 SCI menerima Gugatan dari SHS(Penggugat) dimana SCI selaku Tergugat 2 dan BankMandiri sebagai Tergugat 1.

Through the Call Letter from the District Court of Medan,dated July 4, 2006, the SCI received a Lawsuit from SHS(Litigant), where the SCI asDefendants 2 and BankMandiri as a Defendant 1.

Gugatan yang diajukan oleh SHS dengan perkara No.198/Pdt.G/2006/PN.Mdn adalah menyatakan Tergugat1 (Bank Mandiri), Tergugat 2 (Sucofindo) dan Tergugat3 (Noni Paimin sebagai salah satu Direksi dari SHS)telah melakukan perbuatan melawan hukum dan wajibmengganti kerugian SHS sebesar Rp10.000.000.000secara tanggung renteng dan melakukan sita jaminanterhadap tanah dan bangunan Tergugat 1 (BankMandiri) di Jl.Imam Bonjol No.7 Medan.

The lawsuit filed by the SHS with the caseNo.198/Pdt.G/2006/PN.Mdn stated that Defendant 1(Bank Mandiri), Defendant 2 (SUCOFINDO) andDefendants 3 (Noni Paimin as one of the Directors of theSHS) has perform unlawful act and shallreplace losses toSHS amounting to Rp10,000,000,000 jointly and severallyand conduct confiscation of land and buildings ofDefendant 1 (Bank Mandiri) locates in Jl Imam BonjolNo 7 Medan

Pada tanggal 28 Desember 2009 BTP mengajukansurat terakhir kepada SCI melalui KS dengan surat No.BTP/DB4002/F12-CI1-NI12/2092/XII/09.

On December 28, 2009, BTP submit its last letter to SCIthrough KS by letter No. BTP/DB4002/F12-CI1-NI12/2092/XII/09.

Surat tersebut kemudian dibalas KS pada tanggal11Januari 2010 dengan surat No. 0002WHY10 yang padaintinya menyatakan KS atas nama SCI tetapberpendirian sama sebagaimana disampaikan dalamsurat sebelumnya.

The letter then replied by KS on January 11, 2010 withletter No. 0002WHY10 which at the point express that KSon behalf of SCI still have the same opinion as the lettersubmitted before.

Sampai dengan tanggal pemeriksaan belum adakelanjutan dari klaim yang diajukan oleh DB maupunkuasa hukumnya dari BTP.

Until the investigation date, there are no further claimsfrom DB or its legal cousel from BTP.

p y ymelengkapinya.

Pada tanggal 8 Oktober 2009 BT Partnership Law Firm(“BTP”) (sebagai kuasa DB) mengajukan klaim kepadaSCI melalui surat No. BTP/DB4002/F12-C11-DI8/2068/X/09.

On October 8, 2009, BT Partnership Law Firm ("BTP") (aslegal counsel of DB) submits claim to SCI through letterNo. BTP/DB4002/F12-C11-DI8/2068/X/09.

Terhadap klaim tersebut SCI melalui Kuasa HukumnyaKarim Syah Law Firm (“KS”) membalas surat tersebutpada tanggal 6 November 2009 melalui surat No.0061HN09. Pada intinya surat dari KS tersebut tetapberpendapat sama sebagaimana tersebut padaparagraf 2 diatas.

Against the claim, SCI through Its Legal Consel,KarimSyah Law Firm ("KS"), replies the letter on November 6,2009 through the letter No. 0061HN09. Essentially theletter from KS isstill think the same as mentioned inparagraph 2 above.

64


36. KONTIJENSI (Lanjutan) 36. CONTINGENCIES (Continued)

37. PERISTIWA SETELAH TANGGAL NERACA 37. SUBSEQUENT EVENTS

38. ASET DAN LIABILITAS KEUANGAN 38. ASSETS AND FINANCIAL LIABILITIES

Manajemen Risiko Keuangan Financial Risk Management

Aktivitas entitas mengandung berbagai macam risiko-risikokeuangan yaitu: risiko pasar (termasuk risiko nilai tukarmata uang asing dan risiko tingkat suku bunga), risiko kredit dan risiko likuditas. Secara keseluruhan programmanajemen risiko keuangan entitas berfokus padaketidakpastian pasar keuangan dan untuk meminimalisasipotensi kerugian yang berdampak buruk pada kinerjakeuangan entitas. entitas menggunakan instrumenkeuangan derivatif seperti kontrak berjangka, kontrakforward valuta asing untuk mengantisipasi risiko-risiko yang

Company Activities contains a variety of financial risks suchas: market risk (including risks of foreign currency exchangerates and interest rate risk), credit risk and liquidity risk.Overall financial risk management program focuses on theuncertainty of financial markets and tominimize the potentialloss that adversely affects the financial performance of theCompany. The Company uses derivative financialinstruments such as futures contracts, foreign exchangeforward contracts to anticipate the risks that might occur thatare used for hedging and not as instruments for trading

Dalam rangka memenuhi kebutuhan pengembangan usahaentitas serta meningkatkan kualitas jasa yang lebih efisiendan efektif, maka dipandang perlu untuk melakukanperubahan dan penyesuaian struktur organisasi PTSucofindo (Persero).

In order to meet the requirement company,s businessdevelopment as well as increase the quality of more efficientand effective service, than company considered to recognizeits organitation structure.

g g p198/Pdt.G/2006/PN.Mdn mengingat sesuai denganCMA maka yang berwenang memeriksa dan mengadilisengketa antara pihak-pihak dalam CMA adalah BadanArbitrase Nasional Indonesia (BANI) dan menyatakangugatan dari SHS tidak dapat diterima.

, gCMA, the authorized body to examine and adjudicatedisputes between partiesto the CMA is the IndonesianNational Arbitration Board (BANI) and stating a claim ofSHS can not be accepted.

Terhadap putusan dari Majelis Hakim tersebut padatanggal 12 Desember 2006 SHS mengajukan bandingdengan Akta Banding Nomor 195/2006 danmenyerahkan Memori Banding pada tanggal 12 Juni2007. Terhadap Memori Banding tersebut SCI jugatelah menyerahkan Kontra Memori Banding padatanggal 3 September 2007.

Against the decision of the Panel of Judges, on December12, 2006 SHS filed an appeal with the Appeal Act Number195/2006 and submitted a Memorandum of Appeal onJune 12, 2007. Against the Memorandum of Appeal, theSCI has also submitted a Counter Memorandum of Appealon September 3, 2007.

Sampai dengan tanggal pemeriksaan proses bandingmasih berlangsung dan belum diketahui hasil akhir dariproses banding.

Until the date of examination is ended, the apeal processis still take place and has not been known the result fromapeal process .

Penyesuaian struktur organisasi tersebut diusulkan olehDirektur Utama PT SUCOFINDO (PERSERO) melalui suratNomor 1148/DRU-XII/2011 tanggal 27 Desember 2011 dantelah disetujui oleh Dewan Komisaris melalui surat Nomor0144/DKM-XII /2011 tanggal 29 Desember 2011.

The re-organization structure was proposed by the PresidentDirector of PT SUCOFINDO (PERSERO) through us LetterNumber 1148/DRU-XII/2011 dated December 27, 2011 andwas approved by the board Commisioners by Letter Number0144/DKM-XII/2011 dated December 29, 2011.

Pada tanggal 2 Januari 2012 dengan Nomor : 1/KD/2012diputuskan Direksi PT SUCOFINDO (PERSERO) bahwastruktur orgasinasasi entitas PT SUCOFINDO (PERSERO)diberlakukan terhitung sejak tanggal 1 April 2012 dan untukpembagian tugas Direksi ditetapkan melalui surat DireksiNomor: 2/KD/2012 tanggal 2 Januari 2012.

On January 2, 2012 The Manajement of PT SUCOFINDO(PERSERO) issued decree of Directors Number 1/KD/2012about the structure of the organisation of the Company putinto effect since April 1, 2012 and decree of DirectorsNumber 2/KD/2012 dated January 2, 2012 about divisionduties of directors.

65


38. ASET DAN LIABILITAS KEUANGAN (Lanjutan) 38. ASSETS AND FINANCIAL LIABILITIES (Continued)

Risiko nilai tukar mata uang asing Risk of foreign currency exchange rates

Risiko tingkat suku bunga Interest rate risk

Untuk mengukur risiko pasar atas pergerakan suku bunga,entitas melakukan analisa pada pergerakan marjin sukubunga dan pada profil jatuh tempo aset dan kewajibanberdasarkan jadwal perubahan suku bunga. entitas jugamelakukan transaksi kontrak forward valuta asing dankontrak swap tingkat bunga untuk melindungi kewajibanbunga dalam mata uang asing atas ketidak pastian sukubunga.

To measure the market risk of interest rate movements, theCompany conducted an analysis on the movement ofinterest rates and margins on the maturity profile of assetsand liabilities based on the schedule of interest rate changes.The Company is also engaged in transactions of foreignexchange forward contracts and interest rate swap contractsto protect the interest liabilities denominated in foreigncurrencies on the uncertainty of interest rate.

Perubahan nilai tukar telah dan diperkirakan akan terusmemberikan pengaruh terhadap hasil usaha dan arus kasentitas. Beberapa kewajiban dan belanja modal entitasdiperkirakan akan terus didenominasi dengan mata uangDolar Amerika. Sebagian besar pendapatan entitas adalahdalam mata uang Rupiah.

Changes in exchange rates has been and is expected tocontinue to give effect to the results of operations and cashflows. Some of the liabilities and capital expenditure isexpected to hold accounts denominatedin U.S. Dollars. Mostof the Company’s revenues are denominated in IndonesianRupiah.

Pada saat ini entitas melakukan aktivitas lindung nilaiterhadap sebagian dari eksposur atas mata uang asingdikarenakan pendapatan usaha tahunan dalam mata uangDolar Amerika lebih sedikit dibandingkan dengan jumlahbelanja modal. Sebagai bagian dari usaha entitas untukmengelola eksposur atas mata uang asing. Entitasmemasuki kontrak berjangka dan kontrak forward nilai tukarmata uang asing dengan lembaga-lembaga keuangan.entitas yakin bahwa entitas telah mengurangi beberaparisiko nilai tukar mata uang asing meskipun aktivitas lindungnilai yang dilakukan oleh entitas tidak mencakup seluruheksposur mata uang asing dan terdapat kemungkinanbahwa perjanjian atas aktivitas lindung nilai tersebut tidaktersedia pada saat kontrak lindung nilai tersebut telahselesai.

At this time the Company made of hedge of a portion of itsexposure to foreign currency due to annual operatingrevenues are denominated in U.S. Dollars less than theamount of capital expenditure. As part of its continuing effortsto manage its exposure to foreign currency. The Companyentered forward contracts futures and foreign currencyexchange rates with financial institutions. The Companybelieves that the Company has reduced some of the risk offoreign currency exchange rates despite hedging activitiesundertaken by the Company does not include all foreigncurrency exposures and there is apossibility that theagreement on the activities of the hedge is not available atthe time of the hedge contracts have been completed.

Entitas melakukan pengawasan terhadap eksposur tingkatsuku bunga untuk meminimalisasi dampak negatif terhadapentitas.

The Company makes a supervision of the exposure rate tominimize the negative impact for the Company.

o a d a uta as g u tu e ga t s pas s o s o ya gmungkin terjadi yang digunakan untuk aktivitas lindung nilai(hedging ) dan tidak sebagai instrumen yangdiperdagangkan atau untuk spekulasi

are used for hedging and not as instruments for tradingorspeculation.

Fungsi manajemen risiko keuangan dijalankan oleh DivisiKeuangan dan Akuntansi di bawah kebijakan kebijakanyang disetujui oleh Direksi.

Financial risk management function is run by the Division ofFinance and Accounting under policies approved by theBoard of Directors.

66


39. STANDAR AKUNTANSI BARU DI INDONESIA 39. NEW ACCOUNTING STANDARDS IN INDONESIA

Penyajian Laporan Keuangan/ Presentation of Financial Statements

Laporan Arus Kas/ Cash Flow Statements

Laporan Keuangan Interim/ Interim Financial Report

Pengungkapan Pihak-Pihak Berelasi/ Disclosure of the Related Parties

Peristiwa Setelah Periode Pelaporan/ Events after the Reporting Period

Pengaruh Perubahan Kurs Valuta Asing/ Effect of Changes in Foreign Exchange Rates

Bagian Partisipasi dalam Ventura Bersama/ Section Participation in Joint Venture

Investasi pada Entitas Asosiasi/ Investments in Associated Entities

Aset Tak Berwujud/ Intangible Assets

Kombinasi Bisnis/ Business Combinations

Pendapatan/ Revenues

Imbalan Pasca Kerja/ Employee Benefits Obligation

Kontrak Konstruksi/ Construction Contracts

Pajak Penghasilan/ Income Tax

Penurunan Nilai Aset/ Impairment of Assets

Instrumen Keuangan: Penyajian/ Financial Instruments: Presentation

Pembayaran Berbasis Saham/ Stock-Based Payments

Instrumen Keuangan: Pengungkapan/ Financial Instruments: Disclosure

PSAK No. 63

ISAK No. 7 Konsolidasi Entitas Bertujuan Khusus/ Consolidation of Special Purpose Entities

ISAK No. 927 Perubahan atas Liabilitas Aktivitas Purnaoperasi, Restorasi dan Liabilitas Serupa/ Changes inthe Full Operation Liability Activities, Restoration and Similar Liabilities

24 PSAK No. 61 Akuntansi Hibah Pemerintah dan Pengungkapan Bantuan Pemerintah/ Accounting forGovernment Grants and Disclosure of Government Assistance

25 Pelaporan Keuangan dalam Ekonomi Hiperinflasi/ Financial Reporting in HyperinflationEconomy

26

Provisi, Liabilitas Kontinjensi, dan Aset Kontinjensi/ Provisions, Contingent Liabilities andContingent Assets

22 PSAK No. 58 Aset Tidak Lancar yang Dimiliki untuk Dijual dan Operasi yang Dihentikan/ Held for Sale Non-current Assets and Discontinued Operations

23 PSAK No. 60

PSAK No. 57

Kebijakan Akuntansi, Perubahan Estimasi Akuntansi, dan Kesalahan/ Accounting Policies,Changes in Accounting Estimates, and Errors

16 PSAK No. 34

17 PSAK No. 46

18 PSAK No. 48

Akuntansi dan Pelaporan Program Manfaat Purnakarya/ Accounting and Benefits Program FullWork Reporting

11 PSAK No. 19

12 PSAK No. 22

7 PSAK No. 10

8 PSAK No. 12

9 PSAK No. 15

PSAK No. 23

14 PSAK No. 24

15 PSAK No. 25

10 PSAK No. 18

19 PSAK No. 50

20 PSAK No. 53

21

13

4 PSAK No. 4 Laporan Keuangan Konsolidasian dan Laporan Keuangan Tersendiri/ Consolidated FinancialStatements and Parent Financial Statements

5 PSAK No. 7

6 PSAK No. 8

1 PSAK No.1

2 PSAK No. 2

3 PSAK No. 3

Ikatan Akuntan Indonesia telah menerbitkan beberapastandar akuntansi keuangan revisi yang akan berlakuefektif sejak tanggal 1 Januari 2011 dan 2012 dan mungkinberdampak pada laporan keuangan konsolidasianPerseroan sebagai berikut:

The Indonesian Institute of Accountants has issued therevised financial accounting standards which will be effectiveon January 1, 2011 and 2012 and and may have an impactthe consolidated financial statements of the Company and itsSubsidiaries as follows:

No PSAK/ISAK Keterangan/ Description

67


ISAK No. 10 Program Loyalitas Pelanggan/ Customer Loyalty Program

ISAK No. 11 Distribusi Aset Nonkas kepada Pemilik/ Distribution of Non-cash Assets to Owners

ISAK No. 12

39. STANDAR AKUNTANSI BARU DI INDONESIA 39. NEW ACCOUNTING STANDARDS IN INDONESIA

ISAK No. 13

ISAK No. 14 Aset Tak Berwujud - Biaya Situs Web/ Intangible Assets - Website Costs

ISAK No. 15

ISAK No. 16 Perjanjian Konsesi Jasa/ Service Concession Agreement

ISAK No. 17

40. PENYELESAIAN LAPORAN KEUANGAN 40. COMPLETION OF FINANCIAL STATEMENTS

Manajemen entitas bertanggung jawab atas penyusunanlaporan keuangan konsolidasian yang telah diuraikandimuka dan diselesaikan pada tanggal 26 Maret 2012.

Management of the Company is responsible for thepreparation of consolidated financial statements that havebeen described above and completed on March 26, 2012.

31 Lindung Nilai Investasi Neto dalam Kegiatan Usaha Luar Negeri/ Hedging Net Investment inForeign Operations

32

33 Batas Aset Imbalan Pasti, Persyaratan Pendanaan Minimum dan Interaksinya/ Asset LimitCertain Rewards, Minimum Funding Requirements and interactions

34

28

29

30 Pengendalian Bersama Entitas: Kontribusi Nonmoneter oleh Venturer/ Jointly ControlledEntities: Non-monetary Contributions by Venturers

No PSAK/ISAK Keterangan/ Description

Laporan Keuangan Interim dan Penurunan Nilai/ Interim Financial Statements and Impairment35

68

Documents

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