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PT SENTUL CITY Tbk DAN ENTITAS ANAK/AND SUBSIDIARIES

LAPORAN KEUANGAN KONSOLIDASIAN/ CONSOLIDATED FINANCIAL STATEMENTS

UNTUK TAHUN YANG BERAKHIR PADA 31 DESEMBER 2015/ FOR YEAR ENDED 31 DECEMBER 2015

DAN/AND

LAPORAN AUDITOR INDEPENDEN/

These Consolidated Financial Statements are originally issued in Indonesian language

PT SENTUL CITY Tbk DAN ENTITAS ANAK

LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN YANG BERAKHIR PADA

31 DESEMBER 2015

PT SENTUL CITY Tbk AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2015

D A F T A R I S I C O N T E N T S

Pernyataan Direksi Laporan Auditor Independen Laporan Posisi Keuangan Konsolidasian Laporan Laba Rugi dan Penghasilan

Komprehensif Lain Konsolidasian

Laporan Perubahan Ekuitas Konsolidasian Laporan Arus Kas Konsolidasian Catatan atas Laporan Keuangan Konsolidasian Laporan Keuangan Tersendiri

Ekshibit/ Exhibit

A B

C

D E

Lampiran/ Appendix

1 4

Independent Auditor s Report

Consolidated Statement of Financial Position

Consolidated Statement of Profit or Loss and Other Comprehensive Income

Consolidated Statement of Changes in Equity

Consolidated Statement of Cash Flows

Notes to Consolidated Financial Statements

Separate Financial Statements


Ekshibit A Exhibit A


LAPORAN POSISI KEUANGAN KONSOLIDASIAN PADA TANGGAL 31 DESEMBER 2015

(Disajikan dalam Rupiah, kecuali dinyatakan lain)

PT SENTUL CITY Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENT OF FINANCIAL POSITION

AS OF 31 DECEMBER 2015 (Expressed in Rupiah, unless otherwise stated)

Catatan/ Notes

31 Desember 2015/ 31 December 2015

31 Desember 2014*/ 31 December 2014*

1 Januari 2014/ 31 Desember 2013*/

1 January 2014/ 31 December 2013*

A S E T A S S E T S ASET LANCAR CURRENT ASSETS Kas dan setara kas 6 568.154.714.921 243.426.003.899 452.498.267.632 Cash and cash equivalents Piutang usaha Trade receivables

Pihak ketiga, setelah dikurangi penyisihan kerugian penurunan nilai masing-masing sejumlah Rp 70.097.036.160, Rp 55.877.510.582 dan Rp 46.662.077.350 pada tanggal 31 Desember 2015, 2014 dan 2013

7

400.426.448.278

435.489.145.326

472.875.169.945

Third parties, net of allowance for impairment

losses of Rp 70,097,036,160, Rp 55,877,510,582 and

Rp 46,662,077,350 as of 31 December 2015,

2014 and 2013, respectively Pihak berelasi 7,35 151.124.800.000 151.124.800.000 151.124.800.000 Related parties

Piutang non-usaha - Pihak berelasi, setelah dikurangi penyisihan kerugian penurunan nilai piutang masing-masing sejumlah Rp 7.254.155.490 pada tanggal 31 Desember 2015, 2014 dan 2013

35 58.595.484.420

48.863.233.766

46.059.294.950

Non-trade receivables

Related parties, net of allowance for impairment

losses of Rp 7,254,155,490 as of 31 December 2015,

2014 and 2013, respectively Aset keuangan lancar lainnya 8 500.289.645.522 510.231.358.491 120.077.094.310 Other current financial assets Persediaan 9 2.091.135.695.239 1.935.663.556.900 1.435.412.086.937 Inventories Uang muka lainnya 194.955.697.976 327.476.558.603 253.660.488.178 Other advances Pajak dibayar di muka 21a 145.272.334.601 61.726.543.377 67.471.598.661 Prepaid taxes Beban dibayar di muka 81.459.422.183 11.935.042.984 17.699.196.836 Prepaid expenses Total Aset Lancar 4.191.414.243.140 3.725.936.243.346 3.016.877.997.449 Total Current Assets ASET TIDAK LANCAR NON-CURRENT ASSETS Tanah untuk pengembangan 10 5.675.327.916.663 4.659.831.118.266 4.793.195.870.340 Land for development Uang muka perolehan tanah 11 551.274.761.065 1.315.546.050.833 1.368.591.524.335 Advances for land acquisition Uang muka penyertaan saham 12 37.500.000.000 37.500.000.000 37.500.000.000 Advance for investment shares Investasi pada entitas asosiasi 13 36.821.282.112 47.252.228.936 36.579.084.345 Investment in associates Aset tetap setelah dikurangi

akumulasi penyusutan masing-masing sejumlah Rp 104.636.093.877, Rp 92.180.830.897 dan Rp 87.073.457.580 pada tanggal 31 Desember 2015, 2014 dan 2013

14

190.289.722.263

162.316.770.710

1.329.807.141.650

Property and equipment net of accumulated depreciation of

Rp 104,636,093,877, Rp 92,180,830,897 and

Rp 87,073,457,580 as of 31 December 2015, 2014 and

2013, respectively Properti investasi 15 360.435.607.047 - - Investment property Aset keuangan tidak lancar lainnya

16

88.493.057.184

25.387.960.072

35.755.612.210

Other non-current financial assets

Aset pajak tangguhan, Neto 21c 12.326.414.861 11.190.456.983 10.658.024.938 Deferred tax assets, Net Taksiran tagihan restitusi pajak

penghasilan

-

-

4.213.851.181 Estimated claims for income tax

refund Biaya ditangguhkan - - 15.561.481.927 Deffered costs Aset tak berwujud 2.013.805.258 2.012.750.633 5.460.018.538 Intangible assets

Total Aset Tidak Lancar 6.954.482.566.453 6.261.037.336.433 7.637.322.609.464 Total Non-Current Assets T O T A L A S E T 11.145.896.809.593 9.986.973.579.779 10.654.200.606.913 T O T A L A S S E T S *Disajikan kembali (Catatan 41) *As restated (Note 41)

Lihat Catatan atas Laporan Keuangan Konsolidasian pada Ekshibit E terlampir yang merupakan bagian yang tidak terpisahkan

dari Laporan Keuangan Konsolidasian secara keseluruhan

See accompanying Notes to Consolidated Financial Statements on Exhibit E which are an integral part of

the Consolidated Financial Statements taken as a whole


Ekshibit A/2 Exhibit A/2






Catatan/ Notes





LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY LIABILITAS LIABILITIES LIABILITAS JANGKA PENDEK SHORT-TERM LIABILITIES Pinjaman bank jangka pendek 17a 327.294.031.585 320.982.855.072 325.255.514.470 Short-term bank loans Utang usaha Pihak ketiga 19 212.959.117.741 215.384.388.904 280.973.292.579 Trade payables Third parties

Utang non-usaha - Pihak berelasi

35

20.505.826.106

15.637.826.106

10.637.826.106 Non-trade payables -

Related parties Liabilitas keuangan jangka

pendek lainnya

20

881.193.713.358

624.869.069.967

212.396.436.613 Other short-term financial

liabilities Beban masih harus dibayar 53.056.644.593 10.217.733.592 83.204.306.676 Accrued expensesUtang pajak Taxes payable

Pajak penghasilan 21c 1.488.854.616 305.938.903 1.879.853.264 Income taxes Pajak penghasilan lain-lain 21b 48.290.430.220 43.718.672.884 68.772.281.415 Other income taxes

Pinjaman bagian jangka panjang yang telah jatuh tempo dalam waktu satu tahun

Current maturities of long-term

debts B a n k 17b 243.513.363.615 216.083.851.758 256.641.097.980 B a n k s Sewa pembiayaan 730.530.600 968.133.000 1.368.623.000 Finance leases Pihak ketiga 17c 451.147.500.000 410.520.000.000 - Third party Murabahah 18 - 20.358.982.211 39.907.833.622 Murabahah Uang muka pelanggan 22a 987.744.814.171 623.278.771.063 197.767.317.249 Customers deposits

Total Liabilitas Jangka Pendek 3.227.924.826.605 2.502.326.223.460 1.478.804.382.974 Total Short-Term Liabilities LIABILITAS JANGKA PANJANG LONG-TERM LIABILITIES Pinjaman jangka panjang -

setelah dikurangi bagian yang telah jatuh tempo dalam satu tahun

Long-term debts net of current

maturities B a n k 17b 399.006.402.296 416.695.772.264 846.674.533.495 B a n k s Sewa pembiayaan 854.692.000 1.608.441.688 2.646.470.488 Finance leases Pihak ketiga 17c - - 402.237.000.000 Third party Uang muka pelanggan 22a 409.971.089.583 786.861.824.267 959.927.161.625 Customer deposits Uang muka pelanggan - sewa 22b 522.240.000.000 - - Customer deposits - lease Utang murabahah - - 20.358.982.211 Murabahah payables

Pendapatan ditangguhkan 61.461.165 93.894.333 - Deferred income Liabilitas diestimasi imbalan kerja

karyawan

23

36.118.991.931

30.490.144.706

23.368.415.320 Estimated liabilities for

employee benefits

Total Liabilitas Jangka Panjang 1.368.252.636.975 1.235.750.077.258 2.255.212.563.139 Total Long-Term Liabilities

Total Liabilitas 4.596.177.463.580 3.738.076.300.718 3.734.016.946.113 Total Liabilities *Disajikan kembali (Catatan 41) *As restated (Note 41)






Ekshibit A/3 Exhibit A/3






Catatan/ Notes





E K U I T A S E Q U I T Y Modal dasar Authorized Share

357.500.000 lembar saham Seri A dengan nilai nominal

357,500,000 A Series shares with par value of Rp 2,000

Rp 2.000 per saham, each, 1,001,000,000 B Series 1.001.000.000 saham Seri B dengan nilai nominal Rp 400

shares with par value of Rp 400 each,

per saham, 123.846.000.000 123,846,000,000 C Series saham Seri C dengan nilai nominal Rp 100 per saham dan 10.000.000.000 saham Seri D dengan nilai nominal Rp 50 per saham;

shares with par value of Rp 100,

and 10,000,000,000 D Series shares with par value of Rp 50,

each Modal ditempatkan dan disetor

penuh 357.500.000 saham Seri A, 1.001.000.000 saham Seri B, 30.038.405.010 saham Seri C, dan 3.139.690.500 saham Seri D

24

4.276.225.026.000

4.119.240.501.000

4.119.240.501.000

Issued and fully paid-in capital 357,500,000 A Series shares,

1,001,000,000 B Series shares, 30,038,405,010 C Series

shares, and 3,139,690,500 D Series shares

Agio saham 25 502.840.704.972 424.348.442.472 424.348.442.472 Additional paid-in capital Komponen ekuitas lainnya 26 ( 5.507.932.120) ( 15.177.687.532) ( 31.718.050.052) Other equity components Saldo laba Retained earnings

Telah ditentukan penggunaannya

27

5.700.000.000

4.700.000.000

2.600.000.000 Appropriated

Belum ditentukan penggunaannya

1.035.111.831.651

981.127.110.302

939.952.423.865 Unappropriated

Total ekuitas yang dapat

diatribusikan kepada pemilik entitas induk

5.814.369.630.503

5.514.238.366.242

5.454.423.317.285

Total equity attributable tothe owners of the parent

company Kepentingan non-pengendali 5 735.349.715.510 734.658.912.819 1.465.760.343.515 Non-controlling interest Total Ekuitas 6.549.719.346.013 6.248.897.279.061 6.920.183.660.800 Total Equity TOTAL LIABILITAS DAN EKUITAS 11.145.896.809.593 9.986.973.579.779 10.654.200.606.913 TOTAL LIABILITIES AND EQUITY*Disajikan kembali (Catatan 41) *As restated (Note 41)





These Consolidated Financial Statements are originally issued in Indonesian Language

Ekshibit B Exhibit B


LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN

UNTUK TAHUN YANG BERAKHIR PADA 31 DESEMBER 2015


PT SENTUL CITY Tbk AND SUBSIDIARIES CONSOLIDATED STATEMENT OF PROFIT OR LOSS

AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED

31 DECEMBER 2015 (Expressed in Rupiah, unless otherwise stated)

2 0 1 5 Catatan/

Notes 2 0 1 4*

PENDAPATAN NETO 559.801.139.534 28 712.472.394.627 NET REVENUES

BEBAN POKOK PENDAPATAN ( 329.841.873.198 ) 29 ( 388.279.606.960 ) COST OF REVENUES

LABA BRUTO 229.959.266.336 324.192.787.667 GROSS PROFIT

Beban penjualan ( 55.712.725.434 ) 30 ( 91.692.195.744 ) Selling expenses Beban umum dan administrasi ( 194.828.386.872 ) 31 ( 196.373.173.264 ) General and administrative expenses Beban pajak final ( 21.546.817.594 ) 21d ( 29.071.282.909 ) Final tax expense Pendapatan operasi lainnya 355.050.265.817 32 183.439.957.058 Other operating income Beban operasi lainnya ( 108.374.489.931 ) 32 ( 38.886.717.053 ) Other operating expenses

LABA USAHA 204.547.112.322 151.609.375.755 INCOME FROM OPERATIONS

Bagian atas rugi neto entitas asosiasi ( 10.430.946.824 ) 13 ( 44.597.464.522 ) Share in net loss of associates Pendapatan keuangan 32.632.037.027 38.660.885.144 Finance income Beban keuangan ( 164.701.981.701 ) 33 ( 106.541.110.580 ) Finance costs

LABA SEBELUM BEBAN PAJAK PENGHASILAN 62.046.220.824 39.131.685.797 INCOME BEFORE INCOME TAX EXPENSE

MANFAAT (BEBAN) PAJAK PENGHASILAN INCOME TAX BENEFIT (EXPENSE) K i n i ( 1.916.619.624 ) 21c ( 1.259.205.034 ) Current Tangguhan 1.544.064.133 21c 2.606.890.248 Deferred

Manfaat Pajak Penghasilan Neto ( 372.555.491 ) 1.347.685.214 Income Tax Benefit Net

LABA NETO TAHUN BERJALAN 61.673.665.333 40.479.371.011 NET INCOME FOR THE YEAR

PENGHASILAN KOMPREHENSIF LAINNYA: OTHER COMPREHENSIVE INCOME: Pos yang tidak diakui ke dalam

laporan laba rugi

Item that will not be recognized

to profit or loss Kerugian aktuarial dari program pensiun manfaat pasti 5.605.808.991

23 ( 2.203.585.676

)

Actuarial losses from defined benefit plan

(Manfaat) beban pajak penghasilan terkait ( 408.106.255

)

21c 180.364.596

Related income tax (benefit) expense

Pos yang diakui ke dalam laporan laba rugi

Item that will be recognized to profit or loss

laba yang belum direalisasi atas aset keuangan tersedia untuk dijual 65.748.351

8c 61.043.178

Unrealized gain on available-for-sale

financial assets PENGHASILAN KOMPREHENSIF LAINNYA 5.263.451.087 ( 1.962.177.902 ) OTHER COMPREHENSIVE INCOME TOTAL PENGHASILAN KOMPREHENSIF

TAHUN BERJALAN 66.937.116.420

38.517.193.109 TOTAL COMPREHENSIVE INCOME

FOR THE YEAR Laba neto yang diatribusikan

kepada:

Net income attributable to: Pemilik entitas induk 49.609.685.323 53.071.545.773 Owners of the parent company Kepentingan non-pengendali 12.063.980.010 ( 12.592.174.762 ) Non-controlling interest

T o t a l 61.673.665.333 40.479.371.011 T o t a l

Total penghasilan komprehensif yang Total comprehensive income

dapat diatribusikan kepada: attributable to: Pemilik entitas induk 55.050.469.700 51.184.955.868 Owners of the parent company Kepentingan non-pengendali 11.886.646.720 ( 12.667.762.759 ) Non-controlling interest

T o t a l 66.937.116.420 38.517.193.109 T o t a l LABA PER SAHAM DASAR 1,44 34 1,69 BASIC EARNINGS PER SHARE LABA PER SAHAM DILUSIAN 1,44 34 1,69 DILUTED EARNINGS PER SHARE * Disajikan kembali (Catatan 41) *As restated (Note 41)

Lihat Catatan atas Laporan Keuangan Konsolidasian pada

Ekshibit E terlampir yang merupakan bagian yang tidak terpisahkan dari Laporan Keuangan Konsolidasian secara keseluruhan



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Documents

High Quality Living - Sentul City · 2018. 1. 4. · f’89*’3+&7^’3+d9i.-’*.-+:+6789*)+9(+)c7+m9’*h+9(+?9ii.--.937*-f’89*’3+&7^’3+d9i.-’*.-6.$"*4("+(43.(7"%*8("+(!"##,55,"&.*5;4j.+h’3+>@4b4*++b.)’+8

High Quality Living - Sentul City · 2018. 1. 4. · f’89’3+&7^’3+d9i.-’.-+:+6789)+9(+)c7+m9’h+9(+?9ii.--.937-f’89’3+&7^’3+d9i.-’.-6.$"4("+(43.(7"%8("+(!"##,55,"&.5;4j.+h’3+>@4b4*++b.)’+8