PT TRISULA TEXTILE INDUSTRIES Tbk DAN ENTITAS ... FS 31 Maret 2020...Daftar Isi AS OF MARCH 31, 2020 AND FOR THREE-MONTH PERIOD THEN ENDED PERIODE TERSEBUT (TIDAK DIAUDIT) (UNAUDITED)

(TIDAK DIAUDIT)

PT TRISULA TEXTILE INDUSTRIES Tbk

DAN ENTITAS ANAK/ AND SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS

AS OF MARCH 31, 2020 AND

FOR THREE-MONTH PERIOD THEN ENDED

(UNAUDITED)

LAPORAN KEUANGAN KONSOLIDASIAN

TANGGAL 31 MARET 2020 DAN UNTUK

PADA TANGGAL TERSEBUT

PERIODE TIGA BULAN YANG BERAKHIR

Surat Pernyataan Direksi Director's Statement Letter

Laporan Posisi Keuangan Konsolidasian…………………..1 - 2 ..………Consolidated Statements of Financial Position

Laporan Laba (Rugi) dan Penghasilan Consolidated Statements of Profit (Loss)

Komprehensif Lain Konsolidasian………………………..3 - 4..……………………..and Other Comprehensive Income

Laporan Perubahan Ekuitas Konsolidasian……………….5-6 .……...Consolidated Statements of Changes in Equity

Laporan Arus Kas Konsolidasian………………………………..7..…………………Consolidated Statements of Cash Flows

Catatan Atas Laporan Keuangan Konsolidasian………..8 - 92…………..Notes to Consolidated Financial Statements

PERIODE TIGA-BULAN YANG BERAKHIR PADA

Daftar Isi

AS OF MARCH 31, 2020 AND

FOR THREE-MONTH PERIOD THEN ENDED

PERIODE TERSEBUT (TIDAK DIAUDIT) (UNAUDITED)

Halaman

/ Pages

Table of Contents

TANGGAL 31 MARET 2020, DAN UNTUK


AND SUBSIDIARIES

CONSOLIDATED FINANCIAL STATEMENTS


DAN ENTITAS ANAK

LAPORAN KEUANGAN KONSOLIDASIAN

0 0

31 Maret, 2020/ 31 Desember 2019/

March 31, 2020 December 31, 2019ASET ASSETS

ASET LANCAR CURRENT ASSETS

Kas dan setara kas 28.131.169.562 19.537.595.646 Cash and cash equivalent

Efek tersedia untuk dijual 72.110.000 72.110.000 Other current financial assets

Piutang usaha: Trade receivables:

Pihak ketiga 109.737.621.166 94.390.361.508 Third parties - net

Pihak berelasi 7.501.649.155 6.388.187.187 Related parties

Piutang lain-lain: Other receivables:

Pihak ketiga 3.228.064.188 1.097.837.049 Third parties

Pihak berelasi 817.063.575 843.006.266 Related parties

Persediaan 232.144.087.085 240.283.046.803 Inventories

Uang muka dan Advances and

biaya dibayar dimuka 26.906.937.042 16.037.253.923 prepaid expanses

Pajak dibayar di muka 22.833.643.016 25.235.746.431 Prepaid taxes

Aset Lancar Lainnya 354.090.749 302.072.929 Other current assets

Total Aset Lancar 431.726.435.538 404.187.217.742 Total Current Assets

ASET TIDAK LANCAR NON-CURRENT ASSETS

Aset tetap - setelah dikurangi Fixed assets - net of

akumulasi penyusutan sebesar accumulated depreciation

Rp183.921.018.967 pada of Rp183,921,018,967

tanggal 31 Maret 2020, dan on March 31, 2020 and

Rp179.424.629.334 pada Rp179,424,629,334

tanggal 31 Desember 2019 181.330.791.691 177.518.025.333 on December 31, 2019

Aset pajak tangguhan 7.492.830.982 7.307.766.117 Deffered tax assets - net

Tagihan restitusi pajak 1.078.883.132 35.208.615 Claims for tax refund

Aset tidak lancar lainnya 1.786.397.306 1.836.226.306 Other non-current assets

Total Aset Tidak Lancar 191.688.903.111 186.697.226.371 Total Non-Current Assets

TOTAL ASET 623.415.338.649 590.884.444.113 TOTAL ASSETS

The accompanying notes to consolidated financial statements form an

integral part of these consolidated financial statements taken as

a whole.

are in Indonesian language

The original consolidated financial statements included herein

2f,2l,2n,6,13,35

2e,33

2h,9,14,20,28

2f,35

2i,10

2p,15e

28,29,30

2f,6,13,35


2f,8,35


DAN ENTITAS ANAK

2k,2l,2m,

2p,15d,38

12,14,20

AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

As of March 31, 2020 (Unaudited)

(Expressed in Rupiah, unless otherwise stated)

LAPORAN POSISI KEUANGAN KONSOLIDASIAN

2f,7,14,20,35

2e,33

2p,15a

Catatan/

2d,2f,5,35

Notes

Tanggal 31 Maret 2020 (Tidak Diaudit)

(Disajikan dalam Rupiah, kecuali dinyatakan lain)

Catatan atas laporan keuangan konsolidasian terlampir merupakan

bagian yang tidak terpisahkan dari laporan keuangan konsolidasian

secara keseluruhan.

1

- -

31 Maret, 2020/ 31 Desember 2019/

March 31, 2020 December 31, 2019LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY

LIABILITAS JANGKA PENDEK CURRENT LIABILITIES

Pinjaman bank jangka pendek 186.775.577.439 168.261.903.586 Short-term bank loans

Utang usaha Trade payables



Utang lain-lain Other payables



Utang pajak 2.749.268.793 1.591.577.292 Taxes payable

Beban masih harus dibayar 3.829.849.387 3.007.816.686 Accrued expenses

Uang muka pelanggan 6.902.676.072 1.199.621.625 Advances from customer

Liabilitas jangka panjang yang Current maturities of

jatuh tempo dalam satu tahun: long-term liabilities:

Pinjaman bank jangka panjang 4.917.343.603 4.686.782.329 Long-term bank loans

Utang pembiayaan konsumen 186.457.085 182.546.804 Consumer finance payables

Jumlah Liabilitas Jangka Pendek 304.093.810.022 279.731.191.535 Jumlah Kewajiban Lancar

LIABILITAS JANGKA PANJANG KEWAJIBAN TIDAK LANCAR

Liabilitas jangka panjang setelah Long-term liabilities-net of

dikurangi bagian yang jatuh tempo current

dalam satu tahun: maturities:

Pinjaman bank jangka panjang 27.359.797.290 23.634.596.140 Long-tern bank loans

Utang Pembiayaan Konsumen 194.687.139 242.795.449 Consumer finance payables

Liabilitas imbalan kerja karyawan 10.807.027.118 10.223.073.769 Employee benefits obligations

Jumlah Liabilitas Jangka Panjang 38.361.511.546 34.100.465.358 Total Non-Current Liabilities

JUMLAH LIABILITAS 342.455.321.568 313.831.656.893 TOTAL LIABILITIES

EKUITAS EQUITY

Ekuitas yang Dapat Diatribusikan Equity Attributable to Owners

Kepada Pemilik Entitas Induk of the Company

Modal saham - nilai nominal Share capital - par value

Rp 100 per saham Rp100 per share, Authorized

Modal dasar - 2.000.000.000 saham capital - 2,000,000,000 shares

Modal ditempatkan dan disetor Issued and fully paid capital -

penuh - 1.450.000.000 saham 145.000.000.000 145.000.000.000 1,450,000,000 shares

Tambahan modal disetor - neto 7.252.316.799 7.252.316.799 Additional paid-in capital - net

Selisih nilai atas transaksi dengan Difference in value of changes

Kepentingan Non-pengendali 49.248.534 49.248.534 in the subsidiaries

Kerugian komprehensif lain -

efek yang tersedia untuk dijual (201.890.000) (201.890.000)

Saldo laba Retained earnings

Telah ditentukan penggunaannya 200.000.000 200.000.000 Appropriated

Belum ditentukan penggunaannya 93.179.714.796 90.315.151.650 Unappropriated

Total ekuitas yang dapat diatribusikan Total equity attributable to the

kepada pemilik Entitas Induk 245.479.390.128 242.614.826.983 Owners of the company

Kepentingan Non-pengendali 35.480.626.952 34.437.960.237 Non-controlling interests

TOTAL EKUITAS 280.960.017.080 277.052.787.220 TOTAL EQUITY

TOTAL LIABILITIES AND EQUITY

TOTAL LIABILITAS DAN EKUITAS 623.415.338.649 590.884.444.113



a whole.

2f,35

7,9,12,20

21



secara keseluruhan.



2c


7,9,12,20

21

2f,7,9,12,14,35

2e,4,33

2f,35

2p,15b

2f,18,35

2u,19

PT TRISULA TEXTILE INDUSTRIES Tbk PT TRISULA TEXTILE INDUSTRIES Tbk

DAN ENTITAS ANAK AND SUBSIDIARIES

LAPORAN POSISI KEUANGAN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

Tanggal 31 Maret 2020 (Tidak Diaudit) As of March 31, 2020 (Unaudited)


Catatan/

Notes

2e,33

2f,16,35

2f,17,35

23

6

25

1b,2r,2t,4,24

2

31 Maret 2020/

March 31, 2020 (Sudah Termasuk

Akuisisi Bisnis

Ritel/ 31 Maret 2019/

March 31, 2019(Diaudit/

Audited)

PENJUALAN NETO 157.718.886.380 108.635.157.046 NET SALES

BEBAN POKOK PENJUALAN 118.116.719.587 76.283.393.534 COST OF GOOD SOLD

LABA BRUTO 39.602.166.793 32.351.763.512 GROSS PROFIT

BEBAN USAHA OPERATING EXPENSES

Beban penjualan dan pemasaran 13.920.825.974 5.228.439.510 Selling and marketing expenses

Beban umum dan administrasi 14.876.798.247 13.043.005.039 General and Administrative expenses

Total Beban Usaha 28.797.624.221 18.271.444.549 Total Operating Expenses

LABA USAHA 10.804.542.572 14.080.318.963 PROFIT FROM OPERATIONS

PENGHASILAN (BEBAN) LAIN-LAIN OTHER INCOME (EXPENSES)

Beban keuangan (5.756.400.299) (3.399.112.324) Finance Expenses

Beban penurunan nilai piutang usaha (68.523.307) - Impairment losses of trade receivables

Bagian rugi neto Entitas Asosiasi - (118.273.265) Share in net loss of Associate

Gain on sales of

Laba penjualan aset tetap 30.136.000 150.000.000 property, plant, and equipment

Penghasilan dari penjualan sisa produksi Income from sale of scraps

Laba (rugi) selisih kurs - neto (363.130.366) (467.214.407) Gain (loss) on foreign exchange - net

Pendapatan Keuangan 21.976.381 80.023.513 Finance income

Lain-lain - neto 629.564.705 555.820.935 Others - net

Total Beban Lain-lain - Neto (5.506.376.885) (3.198.755.548) Total Other Expenses - Net

LABA SEBELUM MANFAAT (BEBAN) INCOME BEFORE INCOME

PAJAK PENGHASILAN 5.298.165.687 10.881.563.415 TAX BENEFIT (EXPENSE)

MANFAAT (BEBAN) PAJAK INCOME TAX BENEFIT

PENGHASILAN (EXPENSE)

Kini (1.371.173.305) (3.220.893.919) Current

Tangguhan 141.358.019 385.952.333 Deffered

Beban Pajak Penghasilan - Neto (1.229.815.286) (2.834.941.586) Income Tax Expense - Net

LABA NETO TAHUN BERJALAN 4.068.350.401 8.046.621.829 NET INCOME FOR THE PERIOD

PENGHASILAN (BEBAN) OTHER COMPREHENSIVE

KOMPREHENSIF LAIN INCOME (LOSS)

Pos yang akan direklasifikasikan ke Item that will be reclassified to

laba (rugi) pada periode berikutnya: profit or loss in subsequent period:

Perubahan nilai wajar Change in fair value of

efek yang tersedia untuk dijual - (825.000) of available-for-sale securities

Pos yang tidak akan direklasifikasi Items not to be raclassified to

ke laba (rugi) pada periode berikutnya: profit and loss

Pengukuran kembali liabilitas Remeasurements of employee

imbalan kerja karyawan (174.827.387) 359.169.981 benefit liability

Pajak Penghasilan terkait 43.706.847 (89.792.496) Related deffered income tax

Total Penghasilan (Beban) Total Other Comprehensive

Komprehensif lain - Neto (131.120.540) 268.552.485 Income - Net

TOTAL LABA KOMPREHENSIF 3.937.229.861 8.315.174.314 TOTAL COMPREHENSIVE INCOME


15f,22,30



secara keseluruhan.



a whole.

March 31, 2020 (Unaudited)

7

2p,15c

29

Catatan/

Notes

Pada Tanggal 31 Maret 2020 (Tidak Diaudit)

PT TRISULA TEXTILE INDUSTRIES TbkPT TRISULA TEXTILE INDUSTRIES Tbk

DAN ENTITAS ANAK

LAPORAN LABA RUGI DAN PENGHASILAN

KOMPREHENSIF LAIN KONSOLIDASIAN

Untuk Periode Tiga Bulan yang Berakhir

AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF PROFIT OR LOSS

AND OTHER COMPREHENSIVE INCOME

For The Three-Month Period Ended


2u

2v

12

11

21,33

2e,31,33

15d

2u, 12



2q,2u,27,33

2e,2u,9,12,28,33

Included

Acquisition of

Retail Business)

15e

2o,22

2p,15e

6

3

31 Maret 2020/


Akuisisi Bisnis


March 31, 2019(Diaudit/

Unaudited)

Laba neto tahun berjalan yang Net income for the year

dapat diatribusikan kepada: attributable to:

Pemilik Entitas Induk 2.995.683.686 7.020.531.110 The Owners of the company

Kepentingan non--pengendali 1.072.666.715 1.026.090.719 Non-controlling interests

Total 4.068.350.401 8.046.621.829 Total

Total laba komprehensif yang dapat Total comprehensive income

diatribusikan kepada: attributable to:

Pemilik perusahaan 2.864.563.146 7.287.915.249 The Owners of the company

Kepentingan non-pengendali 1.072.666.715 1.027.259.065 Non-controlling interests

Total 3.937.229.861 8.315.174.314 Total

LABA NETO PER SAHAM DASAR BASIC EARNINGS PER SHARE

YANG DAPAT DIATRIBUSIKAN ATTRIBUTABLE TO THE

KEPADA PEMILIK ENTITAS INDUK 2,07 4,84 OWNERS OF THE COMPANY



secara keseluruhan.



a whole.

Catatan/

Included

Acquisition of

Retail Business) Notes

Pada Tanggal 31 Maret 2020 (Tidak Diaudit) March 31, 2020 (Unaudited)



LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENT OF PROFIT OR LOSS

KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME

Untuk Periode Tiga Bulan yang Berakhir For The Three-Month Period Ended

(Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated)

2c

2c

2q,32

PT TRISULA TEXTILE INDUSTRIES Tbk PT TRISULA TEXTILE INDUSTRIES Tbk


4

Telah Ditentukan

Penggunaannya/

Appropriated

Belum Ditentukan

Penggunaannya/

Unappropriated

Balance as of

Saldo 1 Januari 2020 145.000.000.000 7.252.316.799 49.248.534 (201.890.000) 200.000.000 90.315.151.650 242.614.826.982 34.437.960.237 277.052.787.219 January 1, 2020

Appropriation of

Pencadangan saldo laba 23 - - - - - - - - - retained earnings

Pembagian deviden kepada - -

Kepentingan Distribution of cash devidends

Non-pengendali 2s,25 - - - - - - - (30.000.000) (30.000.000) to Non-controlling interests

Laba neto tahun berjalan - - - - - 2.995.683.686 2.995.683.686 1.072.666.715 4.068.350.401 Net Income for the year

Penghasilan (rugi) Other comprehensive

komprehensif lain - - - - - (131.120.540) (131.120.540) - (131.120.540) income (loss)

Balance as of

Saldo 31 Maret 2020 145.000.000.000 7.252.316.799 49.248.534 (201.890.000) 200.000.000 93.179.714.796 245.479.390.129 35.480.626.952 280.960.017.080 March 31, 2020

Total/

Total

Kepentingan

Nonpengendali/ Non-

controlling Interests

Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak

terpisahkan dari laporan keuangan konsolidasian secara keseluruhan.

The accompanying notes to consolidated financial statements form an integral part of these

consolidated financial statements taken as a whole.

PT. TRISULA TEXTILE INDUSTRIES Tbk

DAN ENTITAS ANAK

LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN


Catatan/

Notes

Modal Saham/ Share

capital

Tambahan Modal

Disetor - neto/

Additional Paid-in

Capital - net

Pada Tanggal 31 Maret 2020(Tidak Audit)

Selisih Nilai Atas

Perubahan Ekuitas

anak/ Difference in

Value of Changes In

the Subsidiaries

Kerugian

Komprehensif Lain -

Efek yang Tersedia

Untuk Dijual/ Other

Comprehensive

Income Loss -

Available For Sale

Securities

AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY




The original consolidated financial statements included herein are in Indonesian language

The original consolidated financial statements included herein are in Indonesian language


Ekuitas Yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/ Equity Attributable To The Owners of The Company

(Sudah Termasuk Akuisisi Bisnis Ritel/ Included Acquisition of Retail Business )

PT. TRISULA TEXTILE INDUSTRIES Tbk

Total Ekuitas/

Total Equity

Saldo Laba/ Retained Earnings

5

Telah Ditentukan

Penggunaannya/

Appropriated

Belum Ditentukan

Penggunaannya/

Unappropriated

Balance as of

Saldo 31 Desember 2018 145.000.000.000 7.971.776.470 49.248.534 (199.025.000) 100.000.000 74.331.611.137 227.253.611.141 32.944.478.701 260.198.089.842 December 31, 2018

Pembagian deviden kepada - -

Kepentingan Distribution of cash devidends

Non-pengendali 2s,25 - - - - - - - (384.780.000) (384.780.000) to Non-controlling interests

Laba neto tahun berjalan - - - - - 7.020.531.110 7.020.531.110 1.026.090.719 8.046.621.829 Net Income for the year

Penghasilan (rugi) Other comprehensive

komprehensif lain - - - (825.000) - 268.209.139 267.384.139 1.168.346 268.552.485 income (loss)

Balance as of

Saldo 31 Maret 2019 145.000.000.000 7.971.776.470 49.248.534 (199.850.000) 100.000.000 81.620.351.386 234.541.526.390 33.586.957.766 268.128.484.156 March 31, 2019

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

Untuk Periode Tiga Bulan yang Berakhir For The Three-Month Period Ended

Pada Tanggal 31 Maret 2019 March 31, 2019

PT. TRISULA TEXTILE INDUSTRIES Tbk PT. TRISULA TEXTILE INDUSTRIES Tbk


LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN



The accompanying notes to consolidated financial statements form an integral part of these

consolidated financial statements taken as a whole.

(Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated)

Ekuitas Yang Dapat Diatribusikan Kepada Pemilik Entitas Induk/ Equity Attributable To The Owners of The Company

(Sudah Termasuk Akuisisi Bisnis Ritel/ Included Acquisition of Retail Business )

Catatan/

Notes

Modal Saham/ Share

capital

Tambahan Modal

Disetor - neto/

Additional Paid-in

Capital - net

Selisih Nilai Atas

Perubahan Ekuitas

anak/ Difference in

Value of Changes In

the Subsidiaries

Kerugian

Komprehensif Lain -

Efek yang Tersedia

Untuk Dijual/ Other

Comprehensive

Income Loss -

Available For Sale

Securities

Saldo Laba/ Retained Earnings

Total/

Total

Kepentingan

Nonpengendali/ Non-

controlling Interests

Total Ekuitas/

Total Equity

6

31 Maret 2020/


Akuisisi Bisnis


March 31, 2019

(Diaudit/

Audited)

ARUS KAS DARI AKTIVITAS CASH FLOW FROM OPERATING

OPERASI ACTIVITIES

Penerimaan kas dari pelanggan 144.856.934.753 100.846.004.498 Receipts from customer

Pembayaran kas kepada pemasok Cash payment to suppliers

dan beban usaha (128.352.673.489) (116.798.024.880) and operating expenses

Pembayaran kas kepada karyawan (18.771.621.673) (15.853.467.754) Cash payment to employees

Penerimaan dari (pembayaran untuk) Cash receipts from (payment for) other

operasi lainnya 1.143.507.676 (668.188.791) operations

Kas digunakan untuk operasi (1.123.852.732) (32.473.676.927) Cash used for operations

Pembayaran pajak penghasilan 1.101.240.248 (4.331.223.295) Payment of income taxPembayaran kas untuk beban keuangan (5.558.489.267) (3.406.753.779) Payment of finance expensesPenerimaan kas dari pendapatan keuangan 157.457.412 80.023.513 Receipts of finance income

Arus kas neto yang digunakan Net cash used foruntuk aktivitas operasi (5.423.644.339) (40.131.630.488) operating activities

ARUS KAS DARI AKTIVITAS CASH FLOW FROM INVESTING

INVESTASI ACTIVITIES

Perolehan aset tetap (3.305.768.792) (5.061.599.493) Acquisition of plant, property, and equipment

Advance for purchase of plant, property,

Uang muka pembelian aset tetap (5.102.387.200) (548.859.090) and equipment from advances payment

Proceeds from sale of

Penerimaan dari penjualan aset tetap 30.136.000 150.000.000 property, plant, and equipment

Arus kas neto yang digunakan Net cash used for

untuk aktivitas investasi (8.378.019.992) (5.460.458.583) investing activities

ARUS KAS DARI AKTIVITAS CASH FLOWS FROM FINANCING

PENDANAAN ACTIVITIES

Penerimaan dari pinjaman Proceeds from short-term

bank jangka pendek - neto 18.513.673.853 22.242.950.789 banks loans - net

Penerimaan dari pinjaman Proceeds from long-term

bank jangka panjang - neto 3.955.762.424 (922.224.343) banks loans - net

Pembagian kas dividen kepada Kepentingan Distributin of cash dividend to

Non-pengendali (30.000.000) (384.780.000) Non-controling interest

Pembayaran utang pembiayaan konsumen (44.198.029) (22.068.603) Payment for consumer finance payables

Arus kas neto yang diperoleh Net cash provided by

dari aktivitas pendanaan 22.395.238.248 20.913.877.843 financing activities

PENURUNAN NETO KAS DAN SETARA KAS NET DECREASE IN

DAN SETARA KAS 8.593.573.916 (24.678.211.228) CASH AND CASH EQUIVALENT

KAS DAN SETARA KAS PADA AWAL CASH AND CASH EQUIVALENTS AT

PERIODE 19.537.595.646 45.295.623.558 BEGINNING OF THE PERIOD

KAS DAN SETARA KAS PADA AKHIR CASH AND CASH EQUIVALENTS

PERIODE 28.131.169.562 20.617.412.330 AT END OF THE PERIOD

0





The accompanying notes to consolidated financial statements form an integral part

of these consolidated financial statements taken as a whole.


DAN ENTITAS ANAK

Pada Tanggal 31 Maret 2020 (Tidak Diaudit)


LAPORAN ARUS KAS KONSOLIDASIAN



AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF CASH FLOWS




Included

Acquisition of

Retail Business)

7



1. 1.

a. a.

b. b.

KONSOLIDASIAN STATEMENTS

INFORMASI UMUM GENERAL INFORMATION

EstablishmentPendirian

In accordance with Article 3 of the Company’s Articles

of Association, the main business of the Company is

engaged in textile industry and textile trading.

Entitas induk langsung atas Entitas Induk adalah PT

Trisula International Tbk, yang didirikan dan berdomisili

di Indonesia, sedangkan entitas induk utama atas

Entitas Induk adalah PT Karya Dwimanunggal Sejahtera,

yang didirikan dan berdomisili di Indonesia.

The Company’s direct parent company is PT Trisula

International Tbk, which is incorporated and domiciled in

Indonesia, while its ultimate parent company is PT

Karya Dwimanunggal Sejahtera, which is also

incorporated and domiciled in Indonesia.

Penawaran Umum Saham Entitas Induk Public Offering of the Company’s Shares

Pada tanggal 25 September 2017, Entitas Induk

memperoleh Pernyataan Efektif dari Otoritas Jasa

Keuangan (OJK) berdasarkan surat No. S-

417/D.04/2017 untuk melakukan penawaran umum

perdana atas 300.000.000 sahamnya dengan nilai

nominal Rp100 per saham kepada masyarakat melalui

Bursa Efek Indonesia dengan harga penawaran perdana

sebesar Rp150 per saham. Pada tanggal 29 September

2017, seluruh saham ini telah dicatatkan di Bursa Efek

Indonesia.

Sesuai dengan Pasal 3 Anggaran Dasar Entitas Induk,

ruang lingkup kegiatan usaha utama Entitas Induk yaitu

bergerak dalam bidang industri tekstil dan perdagangan

tekstil.


AND SUBSIDIARIES

NOTES TO CONSOLIDATED

As of March 31, 2020

And For The Three-month Period Then Ended



DAN ENTITAS ANAK

CATATAN ATAS LAPORAN KEUANGAN

Tanggal 31 Maret 2020, dan Untuk Periode

Tiga-Bulan Yang Berakhir Pada Tanggal Tersebut


PT Trisula Textile Industries Tbk (“Entitas Induk”)

didirikan berdasarkan Akta Notaris No. 39 tanggal 11

Januari 1971 dari Notaris Kurniati, S.H. Akta pendirian

Entitas Induk tersebut telah memperoleh pengesahan

oleh Keputusan Menteri Kehakiman Republik Indonesia

(sekarang Menteri Hukum dan Hak Asasi

ManusiaRepublik Indonesia) sesuai Surat keputusan No.

Y.A.5/65/17 tanggal 26 Februari 1974 dan telah

diumumkan dalam Berita Negara Republik Indonesia No.

427/1974, Tambahan No. 68 tanggal 23 Agustus 1974.

PT Trisula Textile Industries Tbk (the “Company”) was

established based on Notarial Deed No. 39 dated

January 11, 1971 of Notary Kurniati, S.H. The Deed of

Establishment was approved by the Ministry of Justice

of the Republic of Indonesia (recently known as Ministry

of Law and Human Rights of the Republic of Indonesia)

through Decree No. Y.A.5/65/17 dated February 26,

1974 and was published in the State Gazette of the

Republic of Indonesia No. 427/1974, Supplement No.

68 dated August 23, 1974.

Anggaran Dasar Entitas Induk telah mengalami

beberapa kali perubahan. Terakhir berdasarkan Akta No.

15 tanggal 29 April 2019 dibuat dihadapan Notaris Elly

Halida, S.H., dimana akta perubahan tersebut telah

mendapat pengesahan dari Menteri Hukum dan Hak

Asasi Manusia Republik Indonesia No. AHU-

0027994.AH.01.02.TAHUN 2019 tanggal 22 Mei 2019.

Sampai tanggal penyelesaian laporan keuangan

konsolidasian, Berita Negara Republik Indonesia masih

dalam penyelesaian.

The Company’s Articles of Association was amended

several times. The latest amendement was based on

Notarial Deed No. 15 dated April 29, 2019 of Notary Elly

Halida, S.H. This amendement was approved by the

Ministry of Law and Human Rights of the Republic of

Indonesia through Decree No. AHU-

0027994.AH.01.02.TAHUN 2019 dated May 22, 2019.

Until the completion date of the consolidated financial

statements, the publication in the State Gazette of the

Republic of Indonesia is still in process.

Entitas Induk berkedudukan dan berkantor pusat di Jl.

Mahar Martanegara No. 170, Cimahi. Entitas Induk

beroperasi secara komersial pada tahun 1973.

The Company domicile and head office located at Jl.

Mahar Martanegara No. 170, Cimahi. The Company

commenced its commercial operations in 1973.

On September 25, 2017, the Company obtained an

Effective Statement Letter No. S-417/D.04/2017 from

Financial Services Authority of Indonesia (OJK) for its

initial public offering of 300,000,000 shares at par value

of Rp100 per share on the Indonesia Stock Exchange at

an initial offering price of Rp150 per share. On

September 29, 2017, all of these shares were listed on

the Indonesia Stock Exchange.

8





AND SUBSIDIARIES






DAN ENTITAS ANAK





1. 1.

b. b.

c. c.

Dewan Komisaris dan Direksi Board of Commissioners and Directors

Dewan Komisaris Board of Commissioners

Komisaris Utama : : President comissioner

Komisaris Independen : : Independent Comissioner

Dewan Direksi Board of Directors

Direktur Utama : : President Director

Direktur Independen : : Independent Director

Direktur : : Director

Komite Audit Audit Committee

Ketua : : Chairman

Anggota : : Member

Anggota : : Member

Penawaran Umum Saham Entitas Induk (lanjutan) Public Offering of the Company’s Shares

(continued)

Pada tanggal 31 Maret 2020 dan 31 Desember 2019,

saham Entitas Induk sebanyak 1.450.000.000 saham

telah dicatatkan pada Bursa Efek Indonesia.

As of March 31, 2020 and December 31, 2019, the

Company’s outstanding shares totaling to

1,450,000,000 shares have been listed in the Indonesia

Stock Exchange.

Based on Notarial Deed No. 163 dated October 30,

2017 of Notary Hasbullah Abdul Rasyid, S.H., M.Kn., in

accordance with the Shareholders Register dated

October 17, 2017, the shares issued by the Company to

the public in the Initial Public Offering were 300,000,000

shares, representing 20.69% of the total outstanding

shares. The Notarial Deed was reported to the Ministry

of Law and Human Rights of the Republic Indonesia

and accepted through Decision Letter No. AHU-

0139344.AH.01.11.TH.2017 dated November 3, 2017.

Karsongno Wongso Djaja

Handi Suwarto

V. Roy Sunarja

Based on Annual General Meeting of Shareholders

related to Notarial Deed No. 13 dated April 29, 2019 of

Notary Elly Halida, S.H,. the composition of the Board of

Commissioners and Directors of the Company as of

March 31, 2020 and December 31, 2019 are as follows:

INFORMASI UMUM (lanjutan) GENERAL INFORMATION (continued)

Salaries and allowances provided to the Board of

Commissioners and Directors in the Company and

Subsidiaries for the three-month periods ended March

31, 2020 and 2019, were totaling to Rp2,409,000,000

and Rp2,465,760,417

Berdasarkan Surat Keputusan No. 002/IPO-

SK/MNQ/2017 tanggal 12 Januari 2017, komposisi

Komite Audit Entitas Induk pada tanggal 31 Maret 2020

dan 31 Desember 2019 adalah sebagai berikut:

Based on Decision Letter No. 002/IPO-SK/MNQ/2017

dated January 12, 2017, the composition of the

Company’s Audit Committee as of March 31, 2020 and

December 31, 2019 were as follows:

V. Roy Sunarja

Yohannes Linero

Ong Po Han

Berdasarkan Rapat Umum Pemegang Saham Tahunan,

sesuai dengan Akta No. 13 tanggal 29 April 2019 dari

Notaris Elly Halida, S.H,. susunan Dewan Komisaris dan

Direksi Entitas Induk pada tanggal 31 Maret 2020 dan 31

Desember 2019 adalah sebagai berikut:

Dewan Komisaris dan Direksi, Komite Audit, Komite

Remunerasi dan Nominasi, Sekretaris Perusahaan

dan Karyawan

Board of Commissioners and Directors, Audit

Committee, Remuneration and Nomination

Committee, Corporate Secretary and Employees

Gaji dan tunjangan yang diberikan kepada Dewan

Komisaris dan Direksi di Induk Perusahaan dan Anak

Perusahaan untuk periode tiga bulan yang berakhir pada

tanggal 31 Maret 2020 dan 2019, masing-masing

berjumlah keseluruhan sebesar Rp2.409.000.000 dan

Rp2.465.760.417

Berdasarkan Akta No. 163 tanggal 30 Oktober 2017 dari

Notaris Hasbullah Abdul Rasyid, S.H., M.Kn., sesuai

dengan Daftar Pemegang Saham tanggal 17 Oktober

2017, jumlah saham yang dikeluarkan oleh Perusahaan

kepada masyarakat dalam penawaran saham perdana

adalah sebanyak 300.000.000 saham yang merupakan

20,69% dari jumlah saham disetor. Akta ini telah

diterima pemberitahuannya oleh Menteri Hukum dan

Hak Asasi Manusia Republik Indonesia dengan Surat

Keputusannya No. AHU-0139344.AH.01.11.TH.2017

tanggal 3 November 2017.

R.Nurwulan Kusumawati

Lim Kwang Tak

9





AND SUBSIDIARIES






DAN ENTITAS ANAK





1. 1.

c. c.

Komite Remunerasi dan Nominasi Remuneration and Nomination Committee

Ketua : : Chairman

Anggota : : Member

Anggota : : Member

Sekretaris Perusahaan Corporate Secretary

Karyawan Employees

d. d.

Kepemilikan langsung/ Direct Ownership

Entitas Anak/ Subsidiaries

PT Mido Indonesia (MI)

PT Savana Lestari (SL)

PT Tricitra Busana Mas (TBM)

PT Prima Moda Kreasindo (PMK)

PT Permata Busana Mas (PBM)

PT Sinar Abadi Citranusa (SAC)

PT Cakra Kencana (CK)

Kepemilikan tidak langsung/ Indirect Ownership

Melalui PT Savana Lestari/ Through PT Savana Lestari

PT Bina Citra Sentosa (BCG)

Melalui PT Cakra Kencana Through PT Cakra Kencana

PT Bintang Cipta Sejahtera (BCS)

Pada tanggal 31 Maret 2020 dan 31 Desember 2019,

Entitas Induk dan Entitas Anak mempekerjakan 819

karyawan (tidak diaudit).

As of March 31, 2020 and December 31, 2019, the

Company and its Subsidiaries have a total of 819

permanent employees (unaudited).

17.362.628.300

2.851.382.028 Surabaya Distributor

16.461.190.121

29.309.574.845

Distributor

2012 4.992.185.158 5.587.688.648

19.567.233.405

Distributor 40 40

1997

Jakarta Distributor 70 70

Jakarta Distributor

Jakarta

2004

18.173.280.535

42

65 65 2011 34.946.217.967 36.868.407.951

Yaya Sunjaya

INFORMASI UMUM (lanjutan)

Bandung Distributor

230.056.332.140

21.230.698.888

2005 35.042.085.901

Jakarta

60 60

Jakarta

Distributor

16.501.783.968

2012

Kepemilikan Pada Entitas Anak

40 40

26.170.294.791

The consolidated financial statements include the

financial statements of the Company and its

Subsidiaries. The Company obtains direct and indirect

control over the Subsidiaries’ voting rights, which

consist of:

Berdasarkan Surat Keputusan No. 009/SK.DIR-VI/2017

tanggal 6 Juni 2017, komposisi Komite Remunerasi dan

Nominasi pada tanggal 31 Maret 2020 dan 31 Desember

2019 adalah sebagai berikut:

Based on Decision Letter No. No. 009/SK.DIR-VI/2017

dated June 6, 2017, the composition of the

Remuneration and Nomination Committee as of March

31, 2020 and December 31, 2019 were as follows:

Berdasarkan Surat Keputusan Direksi No. 007/SK.DIR-

VI/2017 tanggal 6 Juni 2017 Dewan Direksi Entitas

Induk, menunjuk R. Nurwulan Kusumawati sebagai

Sekretaris Perusahaan.

V. Roy Sunarja

Lim Kwang Tak

8080

Dewan Komisaris dan Direksi, Komite Audit, Komite

Remunerasi dan Nominasi, Sekretaris Perusahaan

dan Karyawan (lanjutan)

Board of Commissioners and Directors, Audit

Committee, Remuneration and Nomination

Committee, Corporate Secretary and Employees

(continued)

2011

1989

Jakarta Distributor 99 99 2000 239.128.227.959

Entitas Anak/

Subsidiaries

Domisili/

Domicile

Kegiatan

usaha/

Scope of

business

Persentase

Kepemilikan/

Percentage of

ownership

Based on Decision Letter No. 007/SK.DIR-VI/2017

dated June 6, 2017 of the Board of Directors of the

Company, the Company appointed R. Nurwulan

Kusumawati as its Corporate Secretary.

GENERAL INFORMATION (continued)

Ownership in Subsidiaries

27.038.022.466

Semarang Distributor 52 52

Laporan keuangan konsolidasian mencakup akun-akun

Entitas Induk dan Entitas Anaknya. Entitas Induk

memiliki pengendalian secara langsung dan tidak

langsung atas hak suara Entitas Anak yang terdiri atas:

Mulai

beroperasi

komersial/

Commence-

ment of

commercial

operations

Total Aset Sebelum Eliminasi/

Total Assets Before Eliminations

2019 2018 2020 2019

% % Rp Rp

1.539.348.079 42

10





AND SUBSIDIARIES






DAN ENTITAS ANAK





1. 1.

d. d.

1. 1.

2. 2.

SL SL

MI semula bernama PT Texsindo Karya Asia, didirikan

pada tanggal 27 Februari 1997 berdasarkan akta

pendirian No. 59 oleh Akta Notaris Silvia Veronica, S.H.

Akta tersebut telah mendapat pengesahan dari Menteri

Kehakiman Republik Indonesia (sekarang Menteri

Hukum dan Hak Asasi Manusia Republik Indonesia)

melalui Surat Keputusan No. C2-6193HT.01.01.TH.1997

tanggal 4 Juli 1997 dan telah diumumkan dalam

Lembaran Berita Negara Republik Indonesia No. 103,

Tambahan No. 6075 tanggal 26 Desember 1997.

MI was established under the name of PT Texsindo

Karya Asia, based on Notarial Deed No. 59 dated

February 27, 1997 of Silvia Veronica, S.H. The deed of

establishment was approved by the Ministry of Justice



through Decree No. C2-6193HT.01.01.TH.1997 dated

July 4, 1997 and was published in State Gazette of the

Republic of Indonesia No. 103 dated December 26,

1997, Supplement No. 6075.

MI MI

Kepemilikan Pada Entitas Anak (lanjutan) Ownership in Subsidiaries (continued)

INFORMASI UMUM (lanjutan)

Increase issued and paid in capital from

Rp16,100,000,000 of 16,100 shares become

Rp45,000,000,000 of 45,000 shares.

Entitas Induk memiliki secara langsung 65% saham SL,

yang bergerak dalam bidang distribusi dan industri

tekstil. SL berdomisili di Jakarta Utara dan telah

beroperasi komersial pada tahun 2011.

The Company has direct ownership of 65% in SL, which

is engaged in distribution and textile industry. SL is

domiciled in North Jakarta and started its commercial

operations in 2011.

GENERAL INFORMATION (continued)

Investasi Entitas Induk ke MI meningkat dari semula

sebesar Rp15.939.000.000 atas 15.939 saham menjadi

sebesar Rp44.550.000.000 atas 44.550 lembar saham,

dan tidak merubah persentase kepemilikan Entitas Induk

terhadap MI sebesar 99% kepemilikan.

The investment of the Company to MI increased from


Rp44,550,000,000 of 44,550 shares, and does not

change the percentage ownership of the Company to MI

which represent 99% of ownership.

Keputusan ini telah diterima dan dicatat oleh Menteri

Hukum dan Hak Asasi Manusia Republik Indonesia No.

AHU-0052534.AH.01.02.Tahun 2019 tanggal 16 Agustus

2019.

Entitas Induk memiliki secara langsung 99% saham MI,

yang bergerak dalam bidang distribusi dan perdagangan

umum. MI berdomisili di Jakarta dan telah beroperasi

komersial pada tahun 2000.

The Company has direct ownership of 99% in MI, which

is engaged in distribution and general trading. MI is

domiciled in Jakarta and started its commercial

operations in 2000.

Increase authorized capital from Rp40,000,000,000

of 40,000 shares become Rp45,000,000,000 of

45,000 shares, each with a nominal value of

Rp1,000,000.

Berdasarkan akta No. 82 tanggal 29 Juli 2019 dari Wiwik

Condro, S.H., notaris di Jakarta Barat, para pemegang

saham MI, menyetujui untuk:

Based on deed No. 82 dated July 29, 2019, from Wiwik

Condro, S.H., a notary in West Jakarta, MI

shareholders, agreed to:

This decision has been accepted and recorded by the


Indonesia No. AHU-0052534.AH.01.02.Tahun 2019

dated August 16, 2019.

Meningkatkan modal dasar dari semula sebesar

Rp40.000.000.000 atas 40.000 lembar saham

menjadi sebesar Rp45.000.000.000 atas 45.000

lembar saham dengan nilai nominal sebesar

Rp1.000.000 per lembar saham.

Meningkatkan modal ditempatkan dan disetor

semula sebesar Rp16.100.000.000 atas 16.100

lembar saham menjadi sebesar Rp45.000.000.000

atas 45.000 lembar saham.

11





AND SUBSIDIARIES






DAN ENTITAS ANAK





1. 1.

d. d.

SL (lanjutan) SL (continued)

TBM TBM

PMK PMK

Berdasarkan Akta Notaris Marianne Vincentia Hamdani,

S.H., No. 50 pada tanggal 27 Agustus 2019, Pemegang

Saham SL, menyetujui untuk meningkatkan modal

ditempatkan dan disetor semula sebesar

Rp7.500.000.000 atas 7.500 lembar saham menjadi

sebesar Rp8.400.000.000 atas 8.400 lembar saham

dengan nilai nominal sebesar Rp1.000.000 per lembar

saham.

Based on Notarial Deed No. 50 dated August 27, 2019

of Marianne Vincentia Hamdani, S.H., SL’s

Shareholders, agreed to increase authorized capital

from Rp7,500,000,000 of 7,500 shares become

Rp8,400,000,000 of 8,400 shares, each with a nominal

value of Rp1,000,000.

Entitas Induk memiliki secara langsung 40% saham

TBM, yang bergerak dalam bidang distribusi dan industri

tekstil. TBM berdomisili di Jakarta Utara dan telah


The Company has direct ownership of 40% in TBM,

which is engaged in distribution and textile industry.

TBM is domiciled in North Jakarta and started its

commercial operations in 1989.

The Company has direct ownership of 40% in PMK,


PMK is domiciled in Bandung and started its


TBM was established based on Notarial Deed No. 150

dated March 14, 1989 of Tegoeh Hartanto, S.H. The

deed was approved by the Ministry of Justice of the

Republic of Indonesia (recently known as Ministry of

Law and Human Rights of the Republic of Indonesia)

through Decree No. C2-4581.HT.01.01.TH.1990 dated

August 6, 1990 and was published in State Gazette of

the Republic of Indonesia No. 82 dated October 12,


Although the ownership of the Company is less than

half of the voting rights, the Company has control by

having the power to direct and control TBM’s activities.

TBM didirikan berdasarkan Akta Notaris Tegoeh

Hartanto, S.H., No. 150 pada tanggal 14 Maret 1989.

Akta tersebut telah mendapatkan pengesahan dari

Menteri Kehakiman Republik Indonesia (sekarang

Menteri Hukum dan Hak Asasi Manusia Republik

Indonesia) melalui Surat Keputusan No. C2-

4581.HT.01.01.TH.1990 tanggal 6 Agustus 1990 dan

telah diumumkan dalam Lembaran Berita Negara

Republik Indonesia No. 82, Tambahan No. 4089 tanggal

12 Oktober 1990.


PMK, yang bergerak dalam bidang distribusi dan industri

tekstil. PMK berdomisili di Bandung dan telah beroperasi

komersial pada tahun 2005.


Walaupun Entitas Induk memiliki kepemilikan kurang

dari setengah hak suara, akan tetapi Entitas Induk

memiliki pengendalian dengan memiliki kekuasaan

untuk mengarahkan dan mengendalikan aktivitas TBM.

Investasi Entitas Induk ke SL meningkat dari semula

sebesar Rp4.875.000.000 atas 4.875 saham menjadi

sebesar Rp5.460.000.000 atas 5.460 lembar saham,

dan tidak merubah persentase kepemilikan Entitas Induk

terhadap SL sebesar 65% kepemilikan.

The investment of the Company to SL increased from


Rp5,460,000,000 of 5,460 shares, and does not change

the percentage ownership of the Company to SL which

represent 65% of ownership.


SL didirikan berdasarkan Akta Notaris Henny Hendrawati

Putra Djaja, S.H., No. 30 pada tanggal 11 Agustus 2011.

Akta tersebut telah mendapatkan pengesahan Menteri

Kehakiman Republik Indonesia (sekarang Menteri

Hukum dan Hak Asasi Manusia Republik Indonesia)

melalui Surat Keputusan No. AHU-

46053.AH.01.01.TH.2011 tanggal 21 September 2011

dan telah diumumkan dalam Lembaran Berita Negara

Republik Indonesia No. 91, Tambahan No. 67025


SL was established based on Notarial Deed No. 30

dated August 11, 2011 of Henny Hendrawati Putra

Djaja, S.H. The deed was approved by the Ministry of

Justice of the Republic of Indonesia (recently known as


Indonesia) through Decree No. AHU-

46053.AH.01.01.TH.2011 dated September 21, 2011

and was published in State Gazette of the Republic of

Indonesia No. 91 dated November 13, 2012,

Supplement No. 67025.

12





AND SUBSIDIARIES






DAN ENTITAS ANAK





1. 1.

d. d.

PMK (lanjutan) PMK (continued)

PBM PBM

SAC SAC

The Company has direct ownership of 80% in SAC,


SAC is domiciled in North Jakarta and started its


PBM didirikan berdasarkan Akta Notaris Henny

Hendrawati Putra Djaja, S.H., No. 30 pada tanggal 31

Mei 2004. Akta tersebut telah mendapatkan

pengesahan dari Menteri Kehakiman Republik Indonesia

(sekarang Menteri Hukum dan Hak Asasi Manusia

Republik Indonesia) melalui Surat Keputusan No. C-

17264.HT.01.01.TH.2004 tanggal 12 Juli 2004 dan telah

diumumkan dalam Lembaran Berita Negara Republik

Indonesia No.78, Tambahan No. 9682 tanggal 29

September 2004.

PBM was established based on Notarial Deed No. 30

dated May 31, 2004 of Henny Hendrawati Putra Djaja,

S.H. The deed was approved by the Ministry of Justice



through Decree No. C-17264.HT.01.01.TH.2004 dated

July 12, 2004 and was published in State Gazette of

the Republic of Indonesia No. 78 dated September 29,


Berdasarkan Pernyataan Keputusan Para Pemegang

Saham Perusahaan tercantum dalam Akta No. 02

tanggal 4 Desember 2017 dari Nanny Wiana Setiawan,

S.H., Notaris di Jakarta, pemegang saham Perusahaan

menyetujui, pengurangan modal ditempatkan dan disetor

Perusahaan dari sejumlah 10.800 saham dengan nilai

nominal Rp10.800.000.000 menjadi sejumlah 5.500

saham dengan nilai nominal Rp5.500.000.000. Akta

tersebut telah disetujui oleh Menteri Hukum dan Hak

Asasi Manusia Republik Indonesia dalam Surat No. AHU-

0027171.AH.01.02 Tahun 2017 tanggal 6 Februari 2018.

Based on the Declaration of the Decision of the

Company's Shareholders, with Notarial Deed No. 02

dated December 4, 2017 of Nanny Wiana Setiawan,

S.H, Notary in Jakarta, the Company's shareholders

approved the reduction of the Company's issued

andfully paid capital from 10,800 shares with nominal

value of Rp10,800,000,000 to 5,500 shares with

nominal value of Rp5,500,000,000. The deed was

approved by the Ministry of Law and Human Rights of

the Republic of Indonesia through Decision Letter

No.AHU-0027171.AH.01.02 of 2017 dated February 6,

2018.

The Company has direct ownership of 60% in PBM,


PBM is domiciled in North Jakarta and started its


Although the ownership of the Company is less than

half of the voting rights, the Company has control by

having the power to direct and control PMK’s activities.

PMK didirikan berdasarkan Akta Notaris Henny

Hendrawati Putra Djaja, S.H., No. 30 pada tanggal 31

Mei 2005. Akta tersebut telah mendapatkan



Republik Indonesia) melalui Surat Keputusan No. C-

14505.HT.01.01.TH.2005 tanggal 27 Mei 2005 dan telah

diumumkan dalam Lembaran Berita Negara Republik

Indonesia No. 79, Tambahan No. 9682 tanggal 4

Oktober 2005.

PMK was established based on Notarial Deed No. 30

dated May 31, 2005 of Henny Hendrawati Putra Djaja,

S.H. The deed was approved by the Ministry of Justice



through Decree No. C-14505.HT.01.01.TH.2005 dated

May 27, 2005 and was published in State Gazette of

the Republic of Indonesia No. 79 dated October 4,



PBM, yang bergerak dalam bidang distribusi dan industri

tekstil. PBM berdomisili di Jakarta Utara dan telah


Walaupun Entitas Induk memiliki kepemilikan kurang

dari setengah hak suara, akan tetapi Entitas Induk

memiliki pengendalian dengan memiliki kekuasaan

untuk mengarahkan dan mengendalikan aktivitas PMK.


SAC, yang bergerak dalam bidang distribusi dan industri

tekstil. SAC berdomisili di Jakarta Utara dan telah




13





AND SUBSIDIARIES






DAN ENTITAS ANAK





1. 1.

d. d.

SAC (lanjutan) SAC (continued)

CK CK

BCG BCG

BCS BCS

SAC was established based on Notarial Deed No.1

dated May 1, 1997 of Silvia Veronica, S.H. The deed

was approved by the Ministry of Justice of the Republic

of Indonesia (recently known as Ministry of Law and

Human Rights of the Republic of Indonesia) through

Decree No. C2-8835.HT.01.01.TH.1997 dated August

29, 1997 and was published in State Gazette of the

Republic of Indonesia No. 34 dated April 27, 1998,


Entitas Induk memiliki secara langsung 70% saham CK,

yang bergerak dalam bidang distribusi dan industri

tekstil. CK berdomisili di Jakarta Utara dan telah


SAC didirikan berdasarkan Akta Notaris Silvia Veronica,

S.H., No. 1 pada tanggal 1 Mei 1997. Akta tersebut telah

mendapatkan pengesahan dari Menteri Kehakiman

Republik Indonesia (sekarang Menteri Hukum dan Hak

Asasi Manusia Republik Indonesia) melalui Surat

Keputusan No. C2-8835.HT.01.01.TH.1997 tanggal 29

Agustus 1997 dan telah diumumkan dalam Lembaran

Berita Negara Republik Indonesia No. 34, Tambahan

No. 2300 tanggal 27 April 1998.

The Company has indirect ownership through CK of

60% in BCS, which is engaged in distribution and textile

industry. BCS is domiciled in Surabaya and started its


The Company has direct ownership of 70% in CK,

which is engaged in distribution and textile industry. CK

is domiciled in North Jakarta and started its commercial

operations in 2011.

CK didirikan berdasarkan Akta Notaris Henny

Hendrawati Putra Djaja, S.H., No.29 pada tanggal 11

Agustus 2011. Akta tersebut telah mendapatkan



Republik Indonesia) melalui Surat Keputusan No. AHU-

45074.AH.01.01.TH.2011 tanggal 19 September 2011

dan telah diumumkan dalam Lembaran Berita Negara



Entitas Induk memiliki secara tidak langsung melalui SL

sebanyak 80% saham BCG, yang bergerak dalam

bidang distribusi dan industri tekstil. BCG berdomisili di

Semarang dan telah beroperasi komersial pada tahun

2012.

BCG didirikan berdasarkan Akta Notaris Cyntia

Magdalena, S.H., No. 14 pada tanggal 18 Juli 2012. Akta

tersebut telah mendapatkan pengesahan dari Menteri

Hukum dan Hak Asasi Manusia Republik Indonesia

melalui Surat Keputusan No. AHU-

54217.AH.01.01.TH.2012 tanggal 22 Oktober 2012 dan

telah diumumkan dalam Lembaran Berita Negara


tanggal 31 Mei 2013.

The Company has indirect ownership through SL of

80% in BCG, which is engaged in distribution and textile

industry. BCG is domiciled in Semarang and started its


CK was established based on Notarial Deed No. 29

dated August 11, 2011 of Henny Hendrawati Putra

Djaja, S.H. The deed was approved by the Ministry of

Justice of the Republic of Indonesia (recently known as


Indonesia) through Decree No. AHU-

45074.AH.01.01.TH.2011 dated September 19, 2011


Indonesia No. 91 dated November 13, 2012,


BCG was established Based on Notarial Deed No.14

dated July 18, 2012 of Cyntia Magdalena, S.H. The

deed was approved by the Ministry of Law and Human

Rights of the Republic of Indonesia through Decree No.

AHU-54217.AH.01.01.TH.2012 dated October 22, 2012


Indonesia No. 44 dated May 31, 2013, Supplement No.

61016.

Entitas Induk memiliki secara tidak langsung melalui CK

sebanyak 60% saham BCS, yang bergerak dalam

bidang distribusi dan industri tekstil. BCS berdomisili di

Surabaya dan telah beroperasi komersial pada tahun

2012.



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1. 1.

d. d.

BCS (lanjutan) BCS (continued)

e. e.

2. 2.

a. a.

BCS didirikan berdasarkan Akta Notaris Nuniek Suharini,

S.H., No. 1 pada tanggal 7 Maret 2012. Akta tersebut

telah mendapatkan pengesahan dari Menteri Hukum

dan Hak Asasi Manusia Republik Indonesia melalui

Surat Keputusan No. 16114.AH.01.01.TH.2012 tanggal

28 Maret 2012 dan telah diumumkan dalam Lembaran

Berita Negara Republik Indonesia No. 35, Tambahan

No. 23117 tanggal 30 April 2013.

BCS was established based on Notarial Deed No.1

dated March 7, 2012 of Nuniek Suharini, S.H. The deed

was approved by the Ministry of Law and Human Rights

of the Republic of Indonesia through Decree No.

16114.AH.01.01.TH.2012 dated March 28, 2012 and

was published in State Gazette of the Republic of

Indonesia No. 35 dated April 30, 2013, Supplement No.

23117.

Penerbitan Laporan Keuangan Konsolidasian Issuance of Consolidated Financial Statements

Laporan keuangan konsolidasian Grup tanggal 31 Maret

2020 diselesaikan dan diotorisasi untuk terbit oleh

Direksi Entitas Induk pada tanggal 26 Juli 2019. Direksi

Entitas Induk yang menandatangani Surat Pernyataan

Direksi bertanggung jawab atas penyusunan dan

penyajian wajar laporan keuangan konsolidasian

tersebut.

The Group’s consolidated financial statements as of

March 31, 2020 are completed and authorized for

issuance by the Company’s of Directors on July 26,

2019. The Company’s Directors who signed the

Directors’ Statement Letter are responsible for the fair

preparation and presentation of such consolidated

financial statements.

Laporan keuangan konsolidasian disusun berdasarkan

PSAK No. 1, “Penyajian Laporan Keuangan”.

Ownership in Subsidiaries (continued)

IKHTISAR KEBIJAKAN AKUNTANSI YANG SIGNIFIKAN SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Laporan keuangan konsolidasian PT Trisula Textile

Industries Tbk dan dan Entitas Anaknya telah disusun

dan disajikan sesuai dengan standar akuntansi

keuangan di Indonesia yaitu Standar Akuntansi

Keuangan (SAK), yang mencakup Pernyataan Standar

Akuntansi Keuangan (PSAK) dan Interpretasi Standar

Akuntansi Keuangan (ISAK) yang dikeluarkan oleh

Dewan Standar Akuntansi Keuangan Ikatan Akuntan

Indonesia (DSAK) serta peraturan regulator pasar modal

untuk entitas yang berada dibawah pengawasannya.

The consolidated financial statements of PT Trisula

Textile Industries Tbk and its Subsidiaries have been

prepared and presented in accordance with financial

accounting standards in Indonesia which is Standar

Akuntansi Keuangan (SAK), which comprise the

statements of financial accounting standards (PSAK)

and interpretations of financial accounting standards

(ISAK) issued by the Financial Accounting Standards

Board of the Indonesian Institute of Accountants

(DSAK) and the regulations of capital market regulators

for entities under its supervision.

Dasar Penyusunan Laporan Keuangan

Konsolidasian

Basis of Preparation of Consolidated Financial

Statements


Kepemilikan Pada Entitas Anak (lanjutan)

The consolidated financial statements have been

prepared in accordance with PSAK No. 1, “Presentation

of Financial Statements”.

Kebijakan akuntansi yang diterapkan dalam penyusunan

laporan keuangan konsolidasian adalah selaras dengan

kebijakan akuntansi yang diterapkan dalam penyusunan

laporan keuangan konsolidasian untuk tahun yang

berakhir pada tanggal 31 Desember 2019 kecuali bagi

penerapan beberapa PSAK yang telah direvisi. Seperti

diungkapkan dalam catatan-catatan terkait atas laporan

keuangan konsolidasian, beberapa standar akuntansi

yang telah direvisi dan diterbitkan, diterapkan efektif

tanggal 1 Januari 2019.

The accounting policies adopted in the preparation of

the consolidated financial statements are consistent

with those made in the preparation of the consolidated

financial statements as of December 31, 2019 and for

the year then ended, except for the adoption of several

amended SAKs. As disclosed further in the relevant

succeeding notes of the consolidated financial

statements, several amended and published accounting

standards were adopted effective January 1, 2019.

15





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2. 2.

a. a.

b. b.

i) i)

ii) ii)

iii) iii)

i) i)

ii) ii)

Penyusunan laporan keuangan konsolidasian sesuai

dengan Standar Akuntansi Keuangan di Indonesia

mengharuskan penggunaan estimasi dan asumsi. Hal

tersebut juga mengharuskan manajemen untuk

membuat pertimbangan dalam proses penerapan

kebijakan akuntansi Grup. Area yang kompleks atau

memerlukan tingkat pertimbangan yang lebih tinggi atau

area dimana asumsi dan estimasi dapat berdampak

signifikan terhadap laporan keuangan konsolidasian

diungkapkan di Catatan 3.

The preparation of consolidated financial statements in

conformity with Indonesian Financial Accounting

Standards requires the use of certain critical accounting

estimates. It also requires management to exercise its

judgment in the process of applying the Group’s

accounting policies. The areas involving a higher

degree of judgment or complexity, or areas where

assumptions and estimates are significant to the

consolidated financial statements, are disclosed in Note

3.

Laporan arus kas konsolidasian disusun menggunakan

metode langsung, menyajikan penerimaan dan

pengeluaran kas yang diklasifikasikan dalam penyajian

aktivitas operasi, investasi dan pendanaan.

The consolidated statement of cash flows have been

prepared using the direct method, by classifying cash

receipts and payments into operating, investing and

financing activities.

Mata uang pelaporan yang digunakan dalam

penyusunan laporan keuangan konsolidasian adalah

Rupiah, yang merupakan mata uang fungsional Grup.

The presentation currency used in the preparation of the

consolidated financial statements is the Indonesian

Rupiah, which is the Group’s functional currency.

An asset is current when it is:

Seluruh aset lain diklasifikasikan sebagai tidak lancar. All other assets are classified as non-current assets.

akan dilunasi dalam siklus operasi normal;

Grup menyajikan aset dan liabilitas dalam laporan posisi

keuangan konsolidasian berdasarkan klasifikasi lancar/

tak lancar.

The Group presents assets and liabilities in the

consolidated statement of financial position based on

current/ non-current classification.

akan direalisasi, dijual atau dikonsumsi dalam siklus

operasi normal;

expected to be realized or intended to be sold or

consumed in the normal operating cycle;

Suatu aset disajikan lancar bila:

A liability is current when it is:

expected to be settled in the normal operating cycle;

held primarily for the purpose of trading;

Laporan keuangan konsolidasian, kecuali untuk laporan

arus kas konsolidasian, disusun berdasarkan dasar

akrual dengan menggunakan konsep harga perolehan,

kecuali beberapa akun tertentu disusun berdasarkan

pengukuran lain sebagaimana diuraikan dalam kebijakan

akuntansi masing-masing akun tersebut.

The consolidated financial statements, except for the

consolidated statement of cash flows, have been

prepared on the accrual basis using the historical cost

basis of accounting, except for certain accounts which

are measured on the bases described in the related

accounting policies for those accounts.

Grup menerapkan PSAK No. 2, “Laporan Arus Kas”. The Group applied PSAK No. 2, “Statement of Cash

Flows”.

Klasifikasi Lancar dan Tidak Lancar Current and Non-current Classification

untuk diperdagangkan; held primarily for the purpose of trading;

akan direalisasi dalam 12 bulan setelah tanggal

pelaporan, atau kas atau setara kas kecuali yang

dibatasi penggunaannya atau akan digunakan untuk

melunasi suatu liabilitas dalam paling lambat 12

bulan setelah tanggal pelaporan.

IKHTISAR KEBIJAKAN AKUNTANSI YANG SIGNIFIKAN

(lanjutan)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(continued)

Dasar Penyusunan Laporan Keuangan

Konsolidasian (lanjutan)

Basis of Preparation of Consolidated Financial

Statements (continued)

untuk diperdagangkan;

expected to be realized within 12 months after the

reporting period, or cash or cash equivalent unless

restricted from being exchanged or used to settle a

liability for at least 12 months after the reporting

period.

Suatu liabilitas disajikan lancar/ jangka pendek bila:

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2. 2.

b. b.

iii) iii)

iv) iv

c. c.

a. a.

b. b.

c. c.

The consolidated financial statements include the

financial statements of the Company and entities in

which the Company has the ability to directly or

indirectly exercise control.

Exposure, or rights, to variable returns from its

involvement with the investee, and

Aset/ liabilitas pajak tangguhan diklasifikasikan sebagai

aset/ liabilitas tidak lancar.

Deferred tax assets/ liabilities are classified as non-

current assets/ liabilities.

Laporan keuangan konsolidasian meliputi laporan

keuangan Entitas Induk dan entitas-entitas yang

dikendalikan secara langsung ataupun tidak langsung

oleh Entitas Induk.

Kekuasaan atas investee (misal, hak yang ada

memberikan kemampuan kini untuk mengarahkan

aktivitas relevan investee).

Eksposur atau hak atas imbal hasil variabel dari

keterlibatannya dengan investee.

Power over the investee (i.e., existing rights that

give it the current ability to direct the relevant

activities of the investee).


(lanjutan)

Prinsip-prinsip Konsolidasian

Kemampuan untuk menggunakan kekuasaannya

Atas investee untuk mempengaruhi jumlah imbal

hasil investor.

The ability to use its power over the investee to

Affect its returns.

due to be settled within 12 months after the

reporting period; or

there is no unconditional right to defer the settlement

of the liability for at least 12 months after the

reporting period.

akan dilunasi dalam 12 bulan setelah tanggal

pelaporan; atau

tidak ada hak tanpa syarat untuk menangguhkan

pelunasannya dalam paling tidak 12 bulan setelah

tanggal pelaporan.

Seluruh liabilitas lain diklasifikasikan sebagai tidak

lancarjangka panjang.

All other liabilities are classified as non-current.


(continued)

Klasifikasi Lancar dan Tidak Lancar (lanjutan) Current and Non-current Classification (continued)

Suatu liabilitas disajikan lancar/ jangka pendek bila

(lanjutan):

A liability is current when it is (continued):

Principles of Consolidation

Entitas-entitas anak dikonsolidasi secara penuh sejak

tanggal akuisisi, yaitu tanggal Entitas Induk memperoleh

pengendalian, sampai dengan tanggal Entitas Induk

kehilangan pengendalian. Pengendalian dianggap ada

ketika Entitas Induk memiliki secara langsung atau tidak

langsung melalui entitas-entitas anak, lebih dari

setengah kekuasaan suara entitas.

Subsidiaries are fully consolidated from the date of

acquisition, being the date on which the Company

obtains control, and continue to be consolidated until

the date when such control ceases. Control is

presumed to exist if the Company owns, directly or

indirectly through subsidiaries, more than half of the

voting power of an entity.

Secara spesifik, Entitas Induk mengendalikan investee

jika dan hanya jika Entitas Induk memiliki seluruh hal

berikut ini:

Specifically, the Company controls an investee if and

only if the Company has:

Laporan keuangan Entitas Anak disusun dengan periode

pelaporan yang sama dengan Entitas Induk. Kebijakan

akuntansi yang digunakan dalam penyajian laporan

keuangan konsolidasian telah diterapkan secara

konsisten oleh Grup, kecuali dinyatakan lain.

The financial statements of the Subsidiaries are

prepared for the same reporting period as the Company.

The accounting policies adopted in preparing the

consolidated financial statements have been

consistently applied by the Group, unless otherwise

stated.

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2. 2.

c. c.

a. a.

b. b.

c. c.

Rights arising from other contractual arrangements.

Transaksi antar perusahaan, saldo dan keuntungan

serta kerugian yang belum direalisasi dari transaksi

antar Grup dieliminasi. Semua aset dan liabilitas,

ekuitas, penghasilan, beban dan arus kas berkaitan

dengan transaksi antar anggota Grup juga akan

dieliminasi secara penuh dalam proses konsolidasi. Bila

diperlukan, penyesuaian dilakukan pada laporan

keuangan entitas anak agar kebijakan akuntansinya

sesuai dengan kebijakan akuntansi Grup.

Related parties transactions, balances, and unrealized

gains and losses on transactions between Group

companies are eliminated. All intra-group assets and

liabilities, equity, income, expenses and cash flows

relating to transactions between members of the Group

are also eliminated in full on consolidation When

necessary, adjustments are made to the financial

statements of subsidiaries to bring their accounting

policies in line with the Group’s accounting policies.

Entitas Induk menilai kembali apakah investor

mengendalikan investee jika fakta dan keadaan

mengindikasikan adanya perubahan terhadap satu atau

lebih dari tiga elemen pengendalian. Konsolidasi atas

entitas anak dimulai ketika Entitas Induk memiliki

pengendalian atas entitas anak dan berhenti ketika

Entitas Induk kehilangan pengendalian atas entitas

anak. Aset, liabilitas, penghasilan dan beban atas entitas

anak yang diakuisisi atau dilepas selama periode

termasuk dalam laporan laba rugi dan penghasilan

komprehensif lain konsolidasian dari tanggal Entitas

Induk memperoleh pengendalian sampai dengan tanggal

Entitas Induk menghentikan pengendalian atas entitas

anak.

The Company re-assesses whether or not it controls an

investee if facts and circumstances indicate that there

are changes to one or more of the three elements of

control. Consolidation of a subsidiary begins when the

Company obtains control over the subsidiary and

ceases when the Company losses control of the

subsidiary. Assets, liabilities, income and expenses of a

subsidiary acquired or disposed of during the period are

included in the consolidated statement of profit or loss

and other comprehensive income from the date the

Company gains control until the date the Company

ceases to control the subsidiary.

Laba atau rugi dan setiap komponen atas penghasilan

komprehensif lain diatribusikan pada pemegang saham

Perusahaan dan pada kepentingan Nonpengendali

(“KNP”), walaupun hasil di KNP mempunyai saldo defisit.

Profit or loss and each component of other

comprehensive income are attributed to the equity

holders of the Company and to the Non-controlling

Interests (“NCI”), even if this results in the NCI having a

deficit balance.

Prinsip-prinsip Konsolidasian (lanjutan) Principles of Consolidation (continued)


(lanjutan)


(continued)

Transactions with NCI that do not result in loss of

control are accounted for as equity transactions. The

difference between the fair value of any consideration

paid and the relevant share acquired of the carrying

value of net assets of the subsidiaries is recorded in

equity. Gains or losses on disposals of NCI are also

recorded in equity.

The Company’s voting rights and potential voting

Transaksi dengan KNP yang tidak mengakibatkan

hilangnya pengendalian merupakan transaksi ekuitas.

Selisih antara nilai wajar imbalan yang dibayar dan

bagian yang diakuisisi atas nilai tercatat aset neto

entitas anak dicatat pada ekuitas. Keuntungan atau

kerugian pelepasan KNP juga dicatat pada ekuitas.

Hak suara dan hak suara potensial Entitas Induk.

The contractual arrangement with the other vote

Ketika Entitas Induk memiliki kurang dari hak suara

mayoritas, Entitas Induk dapat mempertimbangkan

semua fakta dan keadaan yang relevan dalam menilai

apakah memiliki kekuasaan atas investee tersebut:

When the Company has less than a majority of the

voting or similar right of an investee, the Company

considers all relevant facts and circumstances in

assessing whether it has power over an investee,

incuding:

Pengaturan kontraktual dengan pemilik hak suara

Hak yang timbul dari pengaturan kontraktual lain.

18





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c. c.

a. a.

b. b.

c. c.

d. d.

e. e.

f. f.

g. g.

d. d.

e. e.

a. a.

i)

ii)

iii)

Kas dan Setara Kas

A person or a close member of the person’s family is

related to the Group if that person:

ii)

iii)

A related party is a person or entity that is related to the

Group:

mereklasifikasi ke laba rugi proporsi keuntungan dan

kerugian yang telah diakui sebelumnya dalam

penghasilan komprehensif lain atau saldo laba,

begitu pula menjadi persyaratan jika Entitas Induk

akan melepas secara langsung aset atau liabilitas

yang terkait.

reclassifies the Company’s share of components

previously recognized in other comprehensive

income to profit or loss or retained earnings, as

appropriate, as would be required if the Company

had directly disposed of the related assets or

liabilities.

Transaksi dengan Pihak-pihak Berelasi Transactions with Related Parties

has control or joint control over the Group;

memiliki pengaruh signifikan atas Grup; atau

i)

KNP mencerminkan bagian atas laba atau rugi dan aset

bersih dari entitas anak yang tidak dapat diatribusikan,

secara langsung maupun tidak langsung, pada Entitas

Induk, yang masing-masing disajikan dalam laporan laba

rugi dan penghasilan komprehensif lain konsolidasian

dan dalam ekuitas pada laporan posisi keuangan

konsolidasian, terpisah dari bagian yang dapat

diatribusikan kepada pemilik Entitas Induk.

Cash and Cash Equivalent

Cash and cash equivalents consist of cash on hand,

cash in banks and time deposits with maturity period of

three months or less from the time of placement, and

are not used as collateral or restricted.

derecognizes the carrying amount of any NCI;

menghentikan pengakuan akumulasi selisih

penjabaran, yang dicatat di ekuitas, bila ada;

menghentikan pengakuan aset (termasuk setiap

goodwill) dan liabilitas entitas anak;

derecognizes the assets (including goodwill) and

liabilities of the subsidiaries;

menghentikan pengakuan jumlah tercatat setiap

KNP;

memiliki pengendalian atau pengendalian

bersama atas Grup

derecognizes the cumulative translation differences,

recorded in equity, if any;

recognizes the fair value of the consideration

received;

recognizes the fair value of any investment retained;

Perubahan kepemilikan di entitas anak, tanpa

kehilangan pengendalian, dihitung sebagai transaksi

ekuitas. Jika Entitas Induk kehilangan pengendalian atas

entitas anak, maka Entitas Induk:

A change in the ownership interest of subsidiaries,

without a loss of control, is accounted for as an equity

transaction. If the Company losses control over the

subsidiaries, it:

has significant influence over the Group; or

personil manajemen kunci Grup atau Entitas

Induk.

is a member of the key management personnel

of the Group or of a parent of the Company.

mengakui nilai wajar pembayaran yang diterima;

NCI represents the portion of the profit or loss and net

assets of the subsidiaries not attributable directly or

indirectly by the Company, which are presented in the

consolidated statement of profit or loss and other

comprehensive income and under the equity section of

the consolidated statement of financial position,

respectively, separately from the corresponding portion

attributable to the owners of the Company.

recognizes any surplus or deficit in profit or loss; and mengakui setiap perbedaan yang dihasilkan sebagai

keuntungan atau kerugian sebagai laba rugi; dan

IKHTISAR KEBIJAKAN AK

Documents

PT TRISULA TEXTILE INDUSTRIES Tbk DAN ENTITAS ... FS 31 Maret 2020...Daftar Isi AS OF MARCH 31, 2020 AND FOR THREE-MONTH PERIOD THEN ENDED PERIODE TERSEBUT (TIDAK DIAUDIT) (UNAUDITED)