Professional Documents
Culture Documents
Ar Bukit Asam'09.1
Ar Bukit Asam'09.1
Ar Bukit Asam'09.1
Driving Forward
in a Challenging
Environment
Laporan Tahunan 2009 Annual Report
www.ptba.co.id
Menuju
Perusahaan
Tambang
Batubara
Terintegrasi
serta pembangunan
PLTU mulut tambang
guna menghasilkan
manfaat ekonomi yang
optimal.
Towards
an
Integrated
Coal
Mining
Company
Bidang Field
Keuangan
Finance
Capaian Achievement
Produksi
Produksi batubara
meningkat 7,4%.
Production
Infrastruktur
Infrastructure
Pengembangan
Usaha
Business Development
Lingkungan
Environment
Memperoleh
peringkat Hijau
PROPER Nasional.
National Green PROPER
rating awarded.
Program Conducted
1. Memanfaatkan momentum
kenaikan harga jual.
1. Capitalized on momentum of
selling price increase.
1. Peningkatan aktifitas
penambangan Swakelola.
1. Stepped up self-managed
mining activities.
Enhanced and
improved loading and
unloading facilities at
ports.
1. Menerapkan Sistem
Manajemen Lingkungan
ISO 14001:2004,
2. Melakukan revegetasi
dan reklamasi.
3. Melakukan pengelolaan
lingkungan melebihi yang
diwajibkan.
1.
2.
3.
ISO
14001:2004
Environmental
Management System implemented.
Revegetation and reclamation activity.
Beyond-requirement environmental
management conducted.
Ikhtisar Keuangan
Ikhtisar
Keuangan
Financial
Highlights
2009
2008
2007*
4.709.104
1.491.460
409.901
172.926
6.783.391
122.620
199.063
371.523
601.981
1.295.187
8.078.578
3.041.720
1.376.624
420.040
111.133
4.949.517
125.972
199.063
383.932
447.908
1.156.875
6.106.392
2.222.819
560.508
271.482
25.541
3.080.350
83.019
360.571
455.241
898.831
3.979.181
58.097
789.369
431.230
102.212
1.380.908
759.792
151.266
69.190
644.152
562.661
76.987
1.352.990
553.779
120.848
99.137
293.352
188.055
163.870
744.414
447.347
99.765
774
911.832
2.292.740
84.466
5.701.372
8.078.578
1.116
675.743
2.028.733
79.527
3.998.132
6.106.392
547.112
1.291.526
12.154
2.675.501
3.979.181
5.402.483
3.596.527
2.335.936
8.947.854
(4.104.301)
4.843.553
(1.295.238)
3.548.315
217.039
(3.352)
3.762.002
(1.032.675)
(1.593)
2.727.734
1.184
7.216.228
(3.686.136)
3.530.092
(1.036.150)
2.493.942
56.687
1.043
2.551.672
(837.055)
(6.846)
1.707.771
741
4.123.855
(2.501.030)
1.622.825
(725.841)
896.984
114.514
(1.936)
1.009.562
(282.750)
(601)
726.211
315
2.304
15
3.844.559
5.315.389
2.304
9
2.622.156
4.644.957
2.304
38
1.082.001
3.153.831
Rasio pertumbuhan
Penjualan
Laba kotor
Laba usaha
Laba bersih
Laba bersih per saham
24,0
37,2
42,3
59,7
59,8
75,0
117,5
178,0
135,2
135,3
16,7
21,6
36,6
49,5
49,3
Rasio usaha
Laba kotor terhadap penjualan
Laba usaha terhadap penjualan
Laba bersih terhadap penjualan
Laba kotor terhadap jumlah ekuitas
Laba usaha terhadap jumlah ekuitas
Laba bersih terhadap jumlah ekuitas
Laba kotor terhadap jumlah aset
Laba usaha terhadap jumlah aset
Laba bersih terhadap jumlah aset
54,1
39,7
30,5
85,0
62,2
47,8
60,0
43,9
33,8
48,9
34,6
23,7
88,3
62,4
42,7
57,8
40,8
28,0
39,4
21,8
17,6
60,7
33,5
27,1
40,8
22,5
18,3
491,2
28,4
40,2
365,7
33,2
50,8
413,8
32,5
48,3
46.384
81.925
128.309
48.584
362.918
411.502
24.341
170.590
194.931
Aset
Kas dan setara kas
Piutang usaha (bersih)
Persediaan (bersih)
Aset lancar lainnya
Aset lancar
Taksiran klaim atas kelebihan pembayaran pajak
Investasi pada perusahaan asosiasi
Properti pertambangan
Aset tetap (bersih)
Aset tidak lancar lainnya
Aset tidak lancar
Jumlah aset
KEWAJIBAN DAN EKUITAS
Hutang usaha
Biaya yang masih harus dibayar
Hutang pajak
Kewajiban lancar lainnya
Kewajiban lancar
Penyisihan manfaat pensiun dan kesejahteraan karyawan
Penyisihan beban pengelolaan lingkungan hidup setelah
dikurangi bagian yang jatuh tempo dalam satu tahun
Kewajiban jangka panjang lainnya
Kewajiban tidak lancar
Jumlah kewajiban
Hak minoritas
Jumlah ekuitas
Jumlah kewajiban dan ekuitas
Modal kerja bersih
RASIO-RASIO
(Dalam %)
Rasio keuangan
Aset lancar terhadap kewajiban lancar
Jumlah kewajiban terhadap jumlah aset
Jumlah kewajiban terhadap jumlah ekuitas
Rutin
Pengembangan
Jumlah pengeluaran modal
*Disajikan kembali
**Harga Pokok Penjualan + Beban Usaha - Depresiasi dan Amortisasi
Financial Highlights
2006
2005
1.295.035
774.159
261.249
17.318
2.347.761
1.519
1.025
403.254
355.200
759.973
3.107.734
1.229.290
588.661
245.890
25.116
2.088.957
8.686
444.205
297.842
750.733
2.839.690
16.545
310.539
64.998
39.451
431.533
292.950
75.127
45.284
303.123
63.515
51.113
463.035
257.109
56.569
483
368.560
800.093
12.181
2.295.460
3.107.734
313.678
776.713
10.317
2.052.690
2.839.720
1.916.228
1.625.922
INCOME STATEMENTS
3.533.480
(2.198.407)
1.335.073
(678.297)
656.776
12.174
668.950
(180.771)
(2.509)
485.670
211
2.998.686
(1.840.195)
1.158.491
(597.493)
560.998
92.247
653.245
(184.186)
(1.999)
467.060
210
2.304
17
738.451
2.803.970
2.304
9
717.243
2.370.967
14,7
11,2
11,5
11,3
6,6
Growth ratio
Sales
Gross profit
Operating income
Net income
Earning per share
37,8
18,6
13,7
58,2
28,6
21,2
43,0
21,1
15,6
38,6
18,7
15,6
56,4
27,3
22,8
40,8
19,8
16,4
Operational ratio
Gross profit to sales
Operating income to sales
Net income to sales
Gross profit to equity
Operating income to equity
Net income to equity
Gross profit to total assets
Operating income to total assets
Net income to total assets
544,1
25,7
34,9
451,1
27,4
37,8
26.838
71.019
97.857
48.824
29.760
78.584
Financial ratio
Current assets to currents liabilities
Total liabilities to total assets
Total liabilities to total equity
Routine
Development
Total capital expenditures
*As restated
**Cost of Sales + Operating Expenses - Depreciation and Amortization
Perseroan mencatat
pertumbuhan pendapatan
berkesinambungan dan laba
bersih yang meningkat
hampir lima kali dalam lima
tahun terakhir.
Ment venismo lorpercin henibh
The utpat.elenit
Company recorded
a
enit
lan essequat
vero
continuing growth of income and
diamet,
net income that increased almost
five times in the past five years.
Ikhtisar Keuangan
LABA USAHA
Operating Income
LABA BERSIH
Net Income
2.728
3.548
2.494
1.708
726
897
561
05
656
06
07*
08
09
467
486
05
06
07*
08
09
EBITDA
(Rp)
3.844
1.184
2.622
741
210
05
1.082
315
211
06
* Disajikan kembali
* As restated
07*
08
09
717
738
05
06
07*
08
09
Financial Highlights
PENJUALAN
Sales
(Dalam miliar Rp)
(In billion Rp)
8.948
7.216
4.124
3.534
2.999
05
06
07*
08
09
JUMLAH ASET
Total Assets
(Dalam miliar Rp)
(in billion Rp)
8.079
6.106
3.979
2.840
05
3.108
06
* Disajikan kembali
*Restated
07*
08
09
Ikhtisar
Operasi
Operational
Highlights
Ikhtisar Operasi
(Dalam ton)
(In tons)
2009
2008
2007
2006
2005
Produksi
Production
Air Laya
5.280.781
5.180.968
4.487.258
4.147.840
3.992.368
2.630.150
2.478.649
1.637.588
1.300.161
988.935
508.501
784.472
1.093.764
2.846.546
2.426.892
1.920.429
2.165.511
2.229.848
Banko Barat
10.757.477
10.086.509
8.553.776
8.397.984
1.770
5.109
1.251
1.683
783.243
712.199
722.586
840.843
57.912
11.600.402
10.803.817
9.277.613
9.240.510
Pembelian
PT Bukit Asam Prima
Air Laya
Purchases
574.783
1.169.708
391.209
366.294
880.013
400.114
552.496
574.783
1.536.002
1.271.522
400.114
12.175.185
12.339.819
10.548.835
9.240.510
8.498.150
8.388.400
6.310.400
6.606.450
1.956.430
1.900.030
1.695.690
1.665.870
10.454.580
10.288.430
8.006.090
8.272.320
Domestik
8.068.424
8.321.310
6.897.657
6.750.884
7.182.153 Domestic
Ekspor
4.416.312
4.476.612
3.955.077
3.165.012
2.492.527 Export
12.484.736
12.797.922
10.852.734
9.915.896
Jumlah Angkutan
Penjualan
Jumlah Penjualan
Sales
Operational Highlights
10
Penghargaan
dan
Sertifikasi
Awards and
Certification
Pebruari
February
agustus
August
desember
December
Mempertahankan Sertifikat
Akreditasi dari Komite Akreditasi
Nasional (KAN) untuk Laboratorium
Penguji Batubara Pelabuhan Tarahan
dan Tanjung Enim, Laboratorium
Mekanika Tanah Tanjung Enim dan
Laboratorium Kalibrasi Tanjung Enim.
Retained Accreditation Certificate
from National Accreditation
Committee for Coal Testing
Laboratory, Tarahan and Tanjung
Enim Ports, Soil Mechanics
Laboratory, Tanjung Enim and
Calibration Laboratory, Tanjung Enim.
APril
April
Oktober
October
juni
June
Peringkat III The Best Public
Companies 2009, menurut Wealth
Added Index Swa Sembada 100, The
Wealth Creator Award.
The Best Public Company 2009
Rank III, according to Wealth Added
Index Swa Sembada 100, The Wealth
Creator Award.
noPember
November
The Best CEO 2009, Individu The
Fast Learning pada acara Business
Review Award.
The Best CEO 2009, The Fast
Learning Individual in Business
Review Award program.
11
12
Peristiwa Penting
Peristiwa
Penting
Maret March
Agustus August
Significant
Events
Penanda-tanganan PSC
antara BPMIGAS dengan Joint
operation PT Bukit Asam Metana
Enim (anak usaha Perseroan),
PHE Metra Enim (anak usaha
Pertamina Hulu Energi) dan
Arrow Energy Tanjung Enim Pte
Ltd (anak usaha Arrow Energy
Indonesia) untuk proyek CBM.
Signing of Production Sharing
Contract between BPMIGAS and
joint operation with PT Bukit
Asam Metana Enim (subsidiary of
the Company), PHE Metra Enim
(subsidiary of Pertamina Hulu
Energi) and Arrow Energy Tanjung
Enim Pte Ltd (subsidiary of Arrow
Energy Indonesia) for Coal Bed
Methane (CBM) project.
Penanda-tanganan Kontrak
Engineering, Procurement &
Construction (EPC) antara PTBA
dengan Consortium of China
Overseas dan PT Weltes Energi
Nusantara untuk pelaksanaan
pembangunan PLTU 3 x 10 MW
senilai US$ 41 juta berlokasi di
Tanjung Enim.
Signing of EPC Contract among
PTBA, Consortium of China Overseas
and PT Weltes Energi Nusantara for
the construction of Thermal Power
Plant 3 x 10 MW worth US$ 41
million in Tanjung Enim.
18
Significant Events
September September
Desember December
15
Membagikan Dividen
Interim tahun buku 2009.
Paying interim dividend for
the year 2009.
Oktober October
12
20
Signing of railway
transportation
agreement with PTKA.
Penandatanganan
perjanjian angkutan
kereta api dengan
PTKA.
Memperoleh persetujuan
prinsip pembangunan jalur
perkeretaapian khusus dari
Menteri Perhubungan.
15
13
14
Daftar Isi
Contents
Ikhtisar Keuangan
Ikhtisar Operasi
Penghargaan dan Sertifikasi
Peristiwa Penting
Informasi Perseroan
Riwayat Singkat
Kegiatan Usaha
Sumber Daya dan Cadangan Batubara
Produk Batubara
Alamat Kantor
Anak Perusahaan dan Perusahaan Asosiasi
Struktur Organisasi
Informasi Bagi Investor
Kondisi Pasar Modal
Kinerja Saham PTBA
Daftar Pemegang Saham
Kebijakan Dividen
Laporan Komisaris Utama
Laporan Direktur Utama
Laporan Pengelolaan Operasional
Rencana Strategis Perseroan
Pengembangan Usaha
Risiko dan Manajemen Risiko
Keselamatan dan Kesehatan Kerja
serta Perlindungan lingkungan
Laporan Pelaksanaan Reklamasi dan Rehabilitasi
Pengembangan Teknologi Informasi
Pengembangan Sumber Daya Manusia
Pembahasan dan Analisis Manajemen
Kondisi Umum dan Prospek Usaha
Laporan Kinerja Usaha
Tinjauan Kinerja Keuangan
Strategi Bisnis 2010
Informasi Material
Kejadian Luar Biasa dan Informasi Material
Setelah Tanggal Neraca
Laporan Tata Kelola Perusahaan
Laporan Pelaksanaan Tata Kelola
Assessment Praktek GCG
Panduan dan Struktur Tata Kelola
Kebijakan Pokok Perseroan
Organ Perusahaan
Dewan Komisaris
Direksi
Remunerasi Dewan Komisaris dan Direksi
Kepemilikan Saham Direksi dan Komisaris
Komite-Komite dan Laporan Komite
Sekretaris Perusahaan
Sistem Pengawasan dan Pengendalian Internal
Kode Etika Berperilaku
Pelaksanaan Prinsip- Prinsip Dasar GCG
Lain - Lain
Tanggung Jawab Sosial Perusahaan
Profil Manajemen dan Komite-komite
Referensi Peraturan Bapepam-LK No. X.K.6
Pernyataan Dewan Komisaris dan Direksi
Laporan Keuangan
4
8
10
12
16
16
17
18
19
20
21
22
24
25
26
29
30
32
38
48
49
51
59
63
74
76
80
86
87
92
104
122
125
128
134
135
136
137
138
143
146
156
164
164
165
173
177
180
184
188
191
207
220
222
223
Financial Highlights
Operational Highlights
Awards and Certification
Significant Events
Corporate Information
Brief History
Business Activity
Coal Resources and Reserves
Coal Products
Office Address
Subsidiaries and Associated Companies
Organization Structure
Investors Information
Capital Market Condition
PTBA Share Performance
Shareholders
Dividend Policy
Report from the President Commissioner
Report from the President Director
Operational Management Report
Corporate Strategic Plan
Business Development
Risk and Risk Management
Health and Work Safety and
Environmental Conservation
Implementation Report of Reclamation and Rehabilition
Information Technology Development
Human Resource Development
Management Discussion and Analysis
General Condition and Business Prospects
Business Performance Report
Financial Review
2010 Business Strategy
Material Information
Significant and Subsequent Events
Corporate Governance Report
Implementation of Corporate Governance
Assessment of GCG Practice
Corporate Governance Structure and Guide
Standard Policy of the Company
Corporate Organ
Board of Commissioners
Board of Directors
Remuneration of BOC and BOD
Share Ownership by BOD and BOC
Committees and Committee Report
Corporate Secretary
Internal Audit and Control System
Code of Conduct
Implementation of GCG Basic Principles
Others
Corporate Social Responsibility
Managements and Committeess Profile
Cross Reference to Bapepam-LK Rule X.K.6
Board of Commissioners and Directors Statement
Financial Statements
15
VISI VISION
MISI MISSION
Fokus kepada core competency dan
pertumbuhan yang berkesinambungan
Memberikan tingkat pengembalian
yang optimal kepada pemegang saham
Meningkatkan budaya korporasi yang
mengutamakan kinerja
Memberikan kontribusi pengembangan
ekonomi nasional
Memberikan kontribusi yang maksimal
dalam meningkatkan kesejahteraan
masyarakat dan pelestarian lingkungan.
STRATEGI STRATEGY
Perusahaan energi berbasis batubara yang ramah
lingkungan dan terkemuka di Indonesia yang
menerapkan Enam Langkah Strategis:
1. Fokus pada pertumbuhan produksi/
penjualan batubara
2. Fokus pada proyek-proyek dengan skala
kesiapan 1
3. Restrukturisasi korporasi
4. Meningkatkan kompetensi dan regenerasi SDM
serta meningkatkan budaya korporasi yang
mengutamakan kinerja
5. Meningkatkan sistem remunerasi yang
berdasarkan kinerja (performance based reward)
6. Meningkatkan peringkat kinerja penataan
pengelolaan lingkungan.
16
Informasi Perseroan
Informasi
Perseroan
Corporate
Information
Riwayat Singkat
Brief History
Corporate Information
Pa d a 1 9 8 1 , P N TA B A k e m u d i a n b e r u b a h s t a t u s
menjadi Perseroan Terbatas dengan nama PT Tambang
Batubara Bukit Asam (Persero) Tbk, yang selanjutnya
d i s e b ut Pe r se roa n. Da l am ran gk a m en i ng k atk a n
pengembangan industri batubara di Indonesia, pada
1990 Pemerintah menetapkan penggabungan Perum
Tambang Batubara dengan Perseroan.
Sesuai dengan program pengembangan ketahanan energi
nasional, pada 1993 Pemerintah menugaskan Perseroan
untuk mengembangkan usaha briket batubara.
Pada 23 Desember 2002, Perseroan mencatatkan diri
sebagai perusahaan publik di Bursa Efek Indonesia
dengan kode PTBA.
Kegiatan Usaha
Sesuai Anggaran Dasar Perseroan Pasal 3, maksud
dan tujuan Perseroan ialah berusaha dalam bidang
pengembangan bahan-bahan galian, terutama
pertambangan batubara sesuai dengan ketentuan dalam
peraturan perundang-undangan yang berlaku dengan
menerapkan prinsip-prinsip Perseroan Terbatas.
Kegiatan usaha Perseroan adalah sebagai berikut:
Business Activity
Pursuant to Ar ticle 3 of the Company s Ar ticles of
Association, the objective of the Company is to develop
mining operation, particularly coal mining, in accordance
with the prevailing laws and regulations under the
limited liability principles.
The Company business activities are as follows:
M i n i n g o p e r a t i o n c ove r i n g g e n e r a l re s e a rc h ,
exploration, exploitation, processing, purifying,
t ra n s p o r t i n g a n d t ra d i n g o f m i n i n g p ro d u c t s
particularly coal.
Further processing of mining products particularly coal.
Trading products of the foregoing business activity,
either own or other parties production, at home
and abroad.
Managing and operating ports and piers specifically
designated for coal, either for own use or for
others.
Managing and operating thermal power plant, for
own purpose or for others.
Providing consultancy services and engineering in coalmining-related fields and processed mining output.
90.702
7,3
2,0
hectares
billion tons
billion tons
hektar
miliar ton
miliar ton
17
18
Informasi Perseroan
Corporate Information
PRODUK BATUBARA
Coal Products
The Company produces a variety of coal products with
differing quality of content.
TM
(%, ar)
IM
(%, adb)
Ash
(%, adb)
VM
(%, adb)
FC
(%, adb)
TS
(%, adb)
BA 58
5.800
28
14,0
8,0
40
37,0
0,8
BA 59
5.900
28
14,0
8,0
40
37,5
0,8
BA 63
6.300
22
10,5
7,0
40
43,0
0,8
BA 67
6.700
18
9,0
7,0
40
44,5
0,7
BA 70
7.000
14
7,0
7,0
40
47,5
0,7
Coal Brand
19
20
Sumatera Barat
P. 62 - 754 - 61 021
F. 62 - 754 - 61 402
F. 62 - 751 63 533
Pelabuhan Tarahan
Tarahan Port
Dermaga Kertapati
Kertapati Pier
Bandar Lampung
Kantor Pusat
Head Office:
F. 62 - 721 - 31 577
UPB Semarang
Blok O No. 1
F. 62 - 21 - 727 96176
P. 62 - 24 - 6595 185
Investor Relations
Menara Kadin Indonesia 15th Floor
Jl. H.R Rasuna Said Blok X-5
Kav. 2 - 3, Jakarta 12950
Semarang BBU
F. 62 - 24 - 6595 186
UPB Serang
Serang BBU
UPB Lampung
Lampung BBU
Serang Banten
Lampung Selatan
P. 62 - 721 - 783 558
P. 62 - 21 - 525 4014
UPB Gresik
Gresik BBU
Corporate Information
Subsidiaries and
Associated Companies
Nama
Name
Tahun
Pendirian
Establishment
Bidang Usaha
Core Business
Status
Kepemilikan
Ownership
(%)
1996
Penambangan batubara
Coal mining
Sudah operasi
Operational
75
2005
Pembangkit listrik
tenaga uap
Thermal power plant
Tahap
pengembangan
Developmental
stage
41
2007
Perdagangan batubara
Coal trading
Sudah operasi
Operational
99,99
2007
Penambangan gas
metana
Methane gas mining
Belum operasi
Nonoperational
99,99
2007
Penambangan gas
metana
Methane gas mining
Belum operasi
Nonoperational
99,99
2007
Penambangan gas
metana
Methane gas mining
Belum operasi
Nonoperational
99,99
2008
Penambangan batubara
Coal mining
Belum operasi
Nonoperational
65
2008
Angkutan batubara
Coal transporting
Belum operasi
Nonoperational
10
2005
Penambangan batubara
Coal mining
Sudah operasi
Operational
51
Notaris
Fathiah Helmi
Graha Irama Lt.6
Jl. H.R. Rasuna Said Blok X-1
Kav. 1 & 2
Kuningan, Jakarta Selatan 12920
P. 62 - 21 5290 7304-6
F. 62 - 21 526 1136
21
22
Struktur Organisasi
Struktur Organisasi
Organization Structure
Organization Structure
SUKRISNO
Direktur Utama
President Director
Dono Boestami
Direktur Keuangan
Finance Director
Milawarma
Direktur Operasi/
Produksi
Operations/Production
Director
heri supriyanto
Direktur Pengembangan
Usaha
Business Development
Director
suherman
SM. Akuntansi dan Anggaran
Accounting and Budgeting
tiendas mangeka
Direktur Niaga
Commerce Director
mahbub iskandar
Direktur SDM & Umum
HR & General Affairs
Director
amir faisol
SM. Perencanaan Korporat
Corporate Planning
dadan ruswandana
SM. Pengembangan Korporat
Corporate Development
endang purnomo
Mgr. Teknologi Informasi
Information Technology
maizal gazali
SM. Sumber Daya Manusia
Human Resources
erdawati
Mgr. Program Kesehatan
Health Program
sonny HA harsono
Ka. Rumah Sakit Bukit Asam
Bukit Asam Hospital
achmad sudarto
Sekretaris Perusahaan
Corporate Secretary
iskandar maliki
SM. Hukum dan Administrasi Korporat
Legal and Corporate
Administration
bambang sutrisno
SM. Satuan Pengawasan Intern
Internal Auditor
akhmad abbas
Mgr. Kemitraan dan Bina Lingkungan
Partnership And
Community Development
flidelin katili
SM. Sistem Manajemen Perusahaan
Corporate Management System
zulfahmi
Mgr. Umum dan Hubungan Eksternal
General Affairs And
External Relations
edy purwanto
SM. Pemasaran Batubara
Marketing
gazali
SM. Penanganan dan Angkutan Batubara
Coal Handlling and Transportation
m. jamil
SM. Logistik
Logistics
Korporat corporate
Unit Operasional operational unit
Munandar Sai Sohar
GM. Unit Pertambangan
Tanjung Enim
Tanjung Enim
Mining Unit
Mgr: Manager
Ka: Kepala Head
Ansyori Akhmad
GM. Unit
Pelabuhan Tarahan
Tarahan Port Unit
Muzani Wahab
GM. Unit
Dermaga Kertapati
Kertapati Pier Unit
Harun al Rasyid
GM. Unit
Pertambangan
Ombilin
Ombilin Mining Unit
Oktavina
Pgs GM. Unit
Pengusahaan Briket
Briquette Business
Unit
23
24
Informasi
Bagi
Investor
Investors
Information
Investors Information
Adapun rata-rata frekuensi transaksi harian periode JanuariDesember 2009 mencapai 87.168 kali transaksi atau mengalami
peningkatan sebesar 55,92% dibandingkan periode yang sama
tahun 2008, yaitu sebanyak 55.905 kali transaksi. Rata-rata
volume transaksi harian mencapai 6,11 miliar saham atau
naik sebesar 85,99% dibanding periode yang sama pada 2008,
yaitu 3,28 miliar saham. Sepanjang 2009, total nilai transaksi
mencapai Rp975,41 triliun dengan rata-rata nilai transaksi
harian mencapai Rp4,05 triliun.
Daily average transaction frequency during JanuaryDecember 2009 recorded 87,168 transactions or an
increase of 55.92 % compared to the corresponding
period of the preceding year, which marked 55,905
transactions. Daily average transaction volume reached
6.11 billion shares or increased 85.99% from the same
period in 2008, i.e. 3.28 billion shares. Throughout
2009, total transaction value was recorded at Rp975.41
trillion at a daily average of Rp4.05 trillion.
85,85%
150%
25
26
Investors Information
Juta Saham
Million
Share
Juta Saham
Million Share
140
Rp/Saham Rp/Share
Rp/Saham
18.000Rp/Share
18.000
16.000
16.000
14.000
14.000
12.000
12.000
10.000
140
120
120
100
100
80
10.000
8.000
80
8.000
6.000
60
60
40
6.000
4.000
40
4.000
2.000
2.000
0
0 2002
2002
20
20
2003
2003
2004
2004
Volume Perdagangan
TradingPerdagangan
Volume
Volume
Trading Volume
2005
2005
2006
2007
2008
2006
2007
Harga Saham
Share Saham
Price
Harga
2008
2009
2009
Share Price
Rp/Saham Rp/Share
Rp/Saham Rp/Share
18.000
18.000
16.000
80
70
16.000
14.000
70
60
14.000
12.000
60
50
12.000
10.000
50
40
10.000
8.000
40
30
8.000
6.000
30
20
6.000
4.000
4.000
2.000
20
10
2.000
0
10
0
2008
2008
Volume Perdagangan
TradingPerdagangan
Volume
Volume
Trading Volume
2009
2009
Harga Saham
Share Saham
Price
Harga
Share Price
27
28
Periode
Tertinggi
Terendah
Penutupan
Volume Transaksi
Period
2009
Highest
Lowest
Closing
Transaction Volume
2009
(Rp)
(Rp)
(Rp)
(Saham/Share)
Triwulan Pertama
8.200
6.450
6.750
372.221.500
First Quarter
Triwulan Kedua
14.050
6.750
11.600
610.794.500
Second Quarter
Triwulan Ketiga
15.100
10.500
14.100
370.199.000
Third Quarter
Triwulan Keempat
18.100
13.700
17.250
248.892.500
Fourth Quarter
Periode
Tertinggi
Terendah
Penutupan
Volume Transaksi
Period
2008
Highest
Lowest
Closing
Transaction Volume
2008
(Rp)
(Rp)
(Rp)
(Saham/Share)
Triwulan Pertama
12.400
8.750
10.050
814.683.000
First Quarter
Triwulan Kedua
16.950
9.150
16.400
773.578.996
Second Quarter
Triwulan Ketiga
17.250
7.500
9.350
448.241.500
Third Quarter
9.000
3.750
6.900
448.241.500
Fourth Quarter
Triwulan Keempat
Tindakan Korporasi
Corporate Action
25 Juni 2004
25 June 2004
31 Desember 2004
31 December 2004
22 Desember 2005
22 December 2005
Komposisi
Kepemilikan
Ownership
Composition
Negara: State:
100
Negara: State:
Publik: Public:
83,74
16,26
Negara: State:
Publik: Public:
70,28
29,72
Negara: State:
Publik: Public:
Hasil Konversi
Waran Seri I:
Result of Series
I Warant:
Negara: State:
Publik: Public:
Hasil Konversi
Waran Seri I:
Result of Series I
Warant:
Negara: State:
Publik: Public:
70,19
29,68
0,13
65,02
27,49
7,49
65,02
34,98
Investors Information
Shareholders
Negara Republik
Indonesia
2008
(Saham Share)
Ownership
2009
(%)
2008
(%)
Republic of
Indonesia
1.498.087.500
1.498.087.500
65,01744
65,01744
- Perorangan Indonesia
32.094.500
58.057.000
1,39291
2,51969
Indonesian Individual
- Pemerintah Daerah
28.261.000
28.261.000
1,22654
1,22654
- Local Government
3.835.000
5.506.500
0,16644
0,23898
- Employee
70.000
55.000
0,00304
0,00239
- Cooperative
2.372.500
5.363.000
0,10297
0,23276
- Foundation
- Dana Pensiun
33.578.500
49.894.500
1,45732
2,16544
- Pension Fund
- Asuransi
55.657.500
49.860.500
2,41555
2,16396
- Insurance
Investor Domestik
- Karyawan
- Koperasi
- Yayasan
- Bank
- Perseroan Terbatas
- Lembaga Keuangan
- Reksadana
Subtotal
Domestic Investor
96.500
80.500
0,00419
0,00349
- Bank
93.729.549
81.646.673
4,06789
3,54349
2.711.000
0,11766
- Financial Institution
107.036.500
200.833.000
4,64542
8,71621
- Mutual Fund
356.731.549
482.268.673
15,48226
21,36460
Investor Asing
- Perorangan Asing
- Badan Usaha Asing
Subtotal
Jumlah
2.322.900
5.978.500
0,10081
0,25947
- Foreign Individual
446.989.901
307.797.177
19,39949
13,35849
- Foreign Company
449.312.801
313.775.677
19,50030
13,61796
2.304.131.850
2.304.131.850
100,00000
100,00000
Subtotal
Foreign Investor
Direktur Utama
President Director
Direktur SDM & Umum
HR & General Affairs Director
Direktur Operasi/Produksi
Operations/Production Director
Total
Subtotal
Total
0,00599
60.000
0,00260
398.000
0,01727
29
30
Composition of Shareholders
with Equity of <5%
Uraian Description
2009
2008
Total
356.731.549
449.312.801
806.044.350
44
56
100
492.268.673
313.775.677
806.044.350
48
52
100
Total
35.929.500
770.114.850
806.044.350
4
96
100
63.563.500
742.480.850
806.044.350
8
92
100
Lokasi Location
Domestik Domestic
Asing Foreign
Jenis Investor Type of Investor
Ritel Retail
Institusi Institution
KEBIJAKAN DIVIDEN
DIVIDEND POLICY
Investors Information
Tahun Buku
Accounting
Year
Laba Bersih
Net income
Laba Yang
Dibagikan
Distributed
Profit
Dividen Yang
Dibagikan
Dividend Paid
Dividen Per
Saham
Dividend per
Share
Rasio Pembayaran
Dividend Payout Ratio
(Juta Rp)
(Million Rp)
(Juta Rp)
(Million Rp)
(Juta Rp)
(Million Rp)
(Rp)
(%)
2003
245.690
245.690
123.627
58,00
50
2004
419.802
419.802
209.901
85,70
50
2005
467.060
467.060
233.530
101,35
50
2006
485.670
485.670
242.835
105,39
50
2007
726.211
726.211
380.104
164,98
50
2008
1.707.771
1.707.771
853.885
371,05
50
31
32
Laporan
Komisaris
Utama
Report from
the President
Commissioner
Dr. Supriyadi
Komisaris Utama
President Commissioner
To our distinguished
shareholders,
General Condition
of the Company
In this challenging economic climate, the Company
performed very well. Production increased by 7.4% to
11.6 million tons from 10.8 million tons. Coal sales volume
was relatively stable at 12.5 million tons compared to
12.8 million tons the preceding year. Successful efficiency
program and higher coal selling prices increased net
income and coal sales volume. Net income improved 60%
from the previous year figure of Rp1.7 trillion to Rp2.7
trillion. Sales increased 24% to stand at Rp8.9 trillion from
Rp7.2 trillion. Earning per share increased to Rp1,184/
share from Rp741/share in 2008.
In 2009 the Board of Commissioners and Board of Directors
devised and established a series of program and strategy
for business development which were incorporated in
Corporate Long Term Plan to be carried out from 2009
to 2013.
All initiatives towards sustainable business growth that
were already in place in 2008 were welcomed with
enthusiasm by investors and other capital market players
shooting up the Companys share price to Rp17,250/
share at end of 2009, way above the 2008 closing price
of Rp6,900/share, and even much higher than Rp3,750/
share at the peak of the financial crisis.
33
34
Pe l a k s a n a a n t u g a s p e n g a w a s a n y a n g d i l a k u k a n
D e wa n K o m i s a r i s m e n d o ro n g Pe r s e ro a n m a m p u
membukukan kinerja yang lebih baik. Untuk kinerja yang
menggembirakan tersebut Dewan Komisaris memberikan
apresiasi atas upaya Direksi dalam menjalankan amanah
dan menerapkan strategi pengembangan Perseroan.
Untuk lebih memantapkan peran pengawasan dan
meningkatkan praktek tata kelola perusahaan yang baik/
Good Corporate Governance (GCG) , Dewan Komisaris telah
membentuk Komite GCG yang saat ini masih bergabung
dengan Komite Nominasi dan Remunerasi. Dewan
Komisaris dan Direksi yang didukung oleh Komite telah
menyelesaikan telaah dan penyusunan ulang Manual
GCG yang terdiri dari Board Manual, Code of Conduct, dan
GCG Code . Dewan Komisaris telah mengingatkan agar
Direksi dapat menindaklanjuti dan meningkatkan kualitas
pengelolaan perusahaan yang menerapkan prinsi-prinsip
GCG sesuai dengan kaidah best practices demi menjaga
kinerja Perseroan yang berkelanjutan.
Sesuai arahan Dewan Komisaris, Direksi telah
merencanakan dan melaksanakan program tanggung
Promotion of Human
Resource Competence
Facing business challenges in 2010, the Board of
Commissioners and Board of Directors have devised
corporate plan and strategy incorporated in Budget and
Work Program, consistent with the objective of Corporate
Long Term Plan.
The Companys achievements and business strategy
realizations will not be possible without the support
of competent human capital. To develop business in a
more competitive industry, the Board of Commissioners
directs the Board of Directors to pay more attention to the
development of human resource competence. Therefore,
the Board of Commissioners advises the Board of Directors
to regard employees as the strategic partners of the
Company. This will boost employees sense of belonging
as part of a productive work system for the best interest
of the Company and the Labor Union.
35
36
A Note of Thanks
Dr. Supriyadi
Komisaris Utama
President Commissioner
37
38
Laporan
Direktur
Utama
Report from
the President
Director
Ir. Sukrisno
Direktur Utama
President Director
To our distinguished
shareholders,
Pengembangan usaha
demi meraih peluang dan
membangun pertumbuhan
Strategi tersebut kemudian kami jabarkan menjadi 5 (lima)
program strategis untuk mendukung pertumbuhan usaha
yang optimal dan berkelanjutan. Salah satu program
strategis yang kami rintis adalah program pembangunan
PLTU Mulut Tambang. Melalui program ini, Perseroan
menargetk an pemanfaatan sumberdaya batubara
kalori rendah dengan cara yang lebih ekonomis, sekaligus
Business Development
to Seize Opportunities
and Expand Business
This strategy was then expanded into five strategic
programs to support optimum and sustainable business
growth. One of the programs we initiated was the
construction of mine mouth thermal power plants.
Through this program the Company seeks to utilize
low-calorie coal resource more economically to support
39
40
41
42
M e n g i n g a t b e s a r ny a n i l a i m a u p u n a r t i p e n t i n g
keseluruhan proyek-proyek tersebut bagi kelangsungan
dan kinerja Perseroan di masa mendatang, Manajemen
terus mengikuti serta melakukan tindakan antisipatif
yang diperlukan dengan pengawasan dan arahan Dewan
Komisaris agar proyek dapat terwujud sesuai jadwal
yang ditetapkan.
Bersama mitra
membangun kinerja
Lokasi tambang yang terletak jauh dari pelabuhan,
membuat hubungan strategis dengan PTKA semakin
vital. Kerjasama strategis dengan PTKA selama tahun 2009
telah menghasilkan peningkatan daya angkut kereta api
menjadi 10,5 juta ton atau tumbuh 1,6% dibandingkan
tahun 2008.
Seiring dengan perbaikan daya angkut kereta api,
Perseroan berhasil meningkatkan produksi batubara
hingga mencapai 11,6 juta ton, naik 7,4% dari posisi 10,8
juta ton pada tahun 2008. Untuk mendukung pencapaian
target volume penjualan, selain meningkatkan hasil
produksi batubara dari tambang milik sendiri, Perseroan
melakukan pembelian batubara hingga mencapai 574,8
ribu ton, atau turun 62,6% dari volume sebesar 1,5 juta ton
di tahun 2008. Penurunan ini seiring dengan masih relatif
rendahnya permintaan pasar, terutama pasar domestik
akibat belum selesainya seluruh pembangunan PLTU
10.000 MW tahap pertama. Pembelian dilakukan melalui
anak perusahaan yaitu PT Bukit Asam Prima (PT BAP).
Dari hasil produksi maupun pembelian batubara tersebut,
pada tahun 2009 Perseroan berhasil mempertahankan
volume penjualan batubara, pada angka 12,5 juta ton
turun 2,4% dari volume penjualan tahun 2008 lalu.
Penjualan ini terdiri atas penjualan domestik sebanyak
8,1 juta ton dan ekspor sebanyak 4,4 juta ton.
Penerapan strategi berkelanjutan dan kerja keras seluruh
komponen, disertai peningkatan harga jual membuat
Perseroan berhasil meningkatkan pendapatan usahanya
menjadi sebesar Rp8,9 triliun, naik 24% dari posisi Rp7,2
triliun di tahun 2008, melebihi target kinerja keuangan
Perseroan untuk tahun 2009.
Program efisiensi operasional yang dilaksanakan dengan
komitmen tinggi, membuat Perseroan berhasil menekan
biaya operasional sehingga pada tahun 2009 laba bersih
meningkat lebih tinggi dari peningkatan pendapatan, yakni
naik 60% dari Rp1,7 triliun di tahun 2008 menjadi sebesar
Rp2,7 triliun. Dengan hasil tersebut, maka laba per saham
Perseroan tahun ini naik 60% menjadi Rp1.184 per saham
dari nilai sebelumnya, sebesar Rp741 per saham.
Seluruh program kerja dan raihan kinerja operasional
tersebut, telah membangkitkan antusiasme para investor
di pasar modal, sehingga harga saham Perseroan kembali
meningkat tajam dan ditutup pada posisi Rp17.250 per
saham, naik hingga 150% dari posisi harga di akhir tahun
2008 sebesar Rp6.900 per saham.
Pengembangan Sumber
Daya Manusia
Kami menyadari, bahwa berbagai prestasi dan keberhasilan
yang dicapai oleh Perseroan merupakan hasil kerja keras
dan dedikasi seluruh pegawai sebagai aset potensial dan
human capital perusahaan. Oleh karena itu, Perseroan
menerapkan program peningkatan kompetensi
secara berkesinambungan sekaligus melaksanakan
pengembangan karir berbasis kompetensi. Perseroan
memperkenalkan Key Performance Indicators (KPI) dan
Balanced Scorecard sebagai sarana untuk mengukur
kompetensi dan k inerja individual, team maupun
divisional untuk menetapkan jenjang karir seseorang
berikut remunerasi yang sepadan dengan tanggungjawab yang diembannya.
43
44
Peningkatan Implementasi
Tata Kelola
Kami menyadari bahwa seluruh pancapaian kinerja
operasional tersebut akan dapat dipertahankan secara
berkesinambungan apabila Perseroan mampu secara
konsisten meningkatkan kaidah-kaidah tata kelola yang
baik. Sebagai wujud komitmen penerapan praktek GCG
tersebut, pada tahun 2009 Perseroan menyelesaikan
telaahan dan penyusunan kembali Pedoman GCG.
Langkah tersebut diawali dengan menggali dan membangun
kembali nilai-nilai dan budaya perusahaan dengan menetapkan
suatu standar nilai, etika dan budaya sebagaimana tertuang
dalam Kode Etik serta Buku Budaya Perusahaan. Seluruh
pranata terkait dengan etika perilaku yang sebelumnya telah
tertanam pada setiap insan perusahaan digali lagi, di-revaluasi
dan disosialisasikan kepada seluruh karyawan. Dengan
selesainya penyusunan manual GCG, yang terdiri dari GCG
Code, Board Manual, Code of Conduct dan Kebijakan Penunjang,
kini Perseroan memiliki panduan lengkap dalam program
peningkatan kualitas implementasi atau best practices - GCG
seiring dengan perkembangan usaha dan tuntutan industri
di masa mendatang.
Kepedulian Masyarakat,
Wujud Tanggung Jawab
Sosial Perusahaan
Kepedulian Perseroan terhadap kesejahteraan masyarakat
sekitar dirancang untuk menggali dan menumbuhkan
potensi masyarakat agar mampu berkembang bersama
Perseroan. Sesuai dengan azas dan filosofi Perusahaan
sebagai aset bangsa yang mengutamakan pertumbuhan
bersama masyarakat, Perseroan terus menjalin hubungan
yang harmonis dengan masyarakat sekitar. Dalam
melaksanakan CSR ini, Perseroan telah menetapkan
komitmen jangka panjang, terdiri atas enam fokus
kegiatan meliputi (i) kegiatan ekonomi, (ii) lingkungan,
(iii) hak asasi manusia, (iv) praktek ketenaga kerjaan
Intensified Implementation
of Corporate Governance
We are aware of the fact that the overall operating
achievements can be maintained if the Company
is able to consistently enhance its good corporate
governance principles. As a reflection of its
commitment to implementing these GCG principles,
in 2009 the Company finalized reviewing and
rewriting the GCG Guidelines.
The Company started with reviewing and restating
corporate values and culture in Corporate Code of
Conduc t and Cor porate Culture. All convic tions
o f c o d e o f c o n d u c t a re e x a m i n e d, re - e v a l u a t e d
and disseminated to all employees. With the
completion of GCG Guidelines, consisting of
G CG Co d e, B o a rd M a n u a l, Co d e o f Co n d u c t a n d
Additional Policies, now the Company has a
co m p l e te g u i d e to a p p l y i n g G CG b e s t p ra c t i ce s
in line w i t h b u s i n e s s d e v e l o p m e n t a n d f u t u r e
m a r k e t demand.
Komitmen kepada
Pelestarian Lingkungan
Di bidang lingkungan, Perseroan secara komprehensif
menerapkan falsafah Berkembang Harmonis Bersama
Lingkungan. Komitmen tersebut ditunjukkan dengan
menerapkan serangkaian program rehabilitasi lingkungan
purna tambang yang dirancang bersama konsultan
independen serta menggunakan sistem terakreditasi ISO
14001:2004. Perseroan bahkan telah melangkah lebih jauh
dan menjadi pelopor dalam hal pelestarian lingkungan
dan rehabilitasi pascatambang dengan menetapkan
serta merancang daerah pascatambang seluas 5.934 ha
menjadi Taman Hutan Raya Enim.
Semua upaya tersebut sekaligus merupakan jawaban
terhadap meningkatnya tuntutan masyarakat dunia
akan terciptanya lingkungan hidup yang lebih
baik untuk kehidupan mendatang. Hasil nyata di
tahun 2009 adalah meningkatnya peringkat Proper
Perseroan dari Kementerian Lingkungan Hidup, dari
Biru menjadi Hijau.
Pandangan Ke depan
Seiring dengan atmosfir perekonomian global maupun nasional
yang semakin kondusif serta kecenderungan permintaan
Commitment to Environmental
Conservation
The Company practises a comprehensive philosophy
of Growing in Harmony with the Environment. This
commitment was turned into reality by a series of
rehabilitation program towards post-mining area
designed jointly with an independent consultant
using ISO 14001:2004 accredited system. The Company
has even taken a step further and become a pioneer
in conserving the environment and rehabilitating
post-mining areas by designating and designing postmining area of 5,934 Ha to be converted into a Grand
Forest Park.
All these efforts are in response to growing world
demand for a better living environment of the future.
Real accomplishment in 2009 was the improvement of
Proper rating from Blue to Green as designated by the
Department of Environment.
Future Outlook
Against a backdrop of global and national economic
recover y and rising coal demand, the Board of
Commissioners and Board of Directors wrote Annual
Budget and Work Program for 2010 that set a series
of optimum target in line with the Corporate Long
Term Plan also completed in 2009.
The Board of Directors is of the opinion that opportunities
for developing, expanding and increasing sales volume
45
46
Penutup
Closing
Pu r n a k at a , u c a p a n te r i m a k a s i h k e p a d a j a j a ra n
Pemerintah Pusat dan Daerah atas dukungannya berupa
penciptaan suasana kondusif bagi perkembangan
industri batubara nasional, serta seluruh pemangku
kepentingan PT Bukit Asam (Persero) Tbk yang selalu
memberikan kerjasama terbaiknya bagi pertumbuhan
kinerja Perseroan yang berkelanjutan.
Ir Sukrisno
Direktur Utama
President Director
47
48
Laporan
Pengelolaan
Operasional
Operational
Management
Report
To re s p o n d to t h e wo r l d a n d n at i o n a l e co n o m i c
development and the increasing demand for energy
recourses in the last few years, the Company has
formulated its Corporate Strategic Plan. The Plan
is based on global and Indonesian macro-economic
forecast over a period between 2009 and 2013.
49
50
Pengembangan Usaha
Business Development
51
52
53
54
55
56
0,8 -2,6
57
58
Analisis Risiko
(Analyse Risks)
Evaluasi Risiko
(Evaluate Risks)
Membuat Konteks
(Establish the Context)
Identifikasi Risiko
(Identify Risks)
Risk Assessment
Membuat Konteks
(Establish the Context)
59
60
komponen Perseroan.
61
62
63
64
2.000
1.852
1.699
1.094
1.000
0.418
0.263
0.176
0.156
0.000
0.013
0.003
0.000
0.034
0.001 0.002
0.000
0.053
0.004
1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Tahun Year
65
66
T h e g r a p h s h o w s t h a t t h e Co m p a ny r e c o r d e d a
declining trend of FSI (green line). FSI rate is getting
better if it slides down towards 0.0000 (zero accident).
To control work accident risks, the Company formed
Fire and Accident Control Team under the coordination
of Health & Work Safety and Environment Work Force
of Tanjung Enim Mining Unit, tasked to organize and
control fire and accident handling activities.
As a reflection of its concern for the local community,
in 2009 the Fire and Accident Control conducted
various activities among others:
67
68
Perlindungan Lingkungan
Environmental Conservation
Pengelolaan Lingkungan
Perseroan melakukan kegiatan pengelolaan lingkungan
secara berkelanjutan untuk mengurangi dampak kegiatan
penambangan bagi lingkungan dan masyarakat, sesuai
dengan salah satu misi perusahaan, yakni Tumbuh
Harmonis Bersama Lingkungan. Untuk mengukur
efektivitas pengelolaan lingkungan, setiap tahun
Perseroan menetapkan parameter indikator sasaran
lingkungan sesuai dengan peraturan yang berlaku.
Berikut adalah parameter yang diberlakukan untuk
tahun 2009:
No.
I
II
III
Parameter
Menjamin Keluaran Air dari tambang memenuhi Baku Mutu
Lingkungan (BML) sesuai Per Gub Sumsel No. 18 Th 2005
Ensuring released water from the mines fulfills standards of
environmental quality in compliance with the Governor of
South Sumatera Regulation No.18 of 2005.
pH
Residu tersuspensi Suspended residue
Besi (Fe) total Iron (Fe) total
Mangan (Mn) total Manganese total
Menjamin Kualitas Udara Ambien dan Emisi Udara di Area
Tambang dan Sekitarnya memenuhi Baku Mutu Lingkungan
(BML) sesuai Per Gub Sumsel No. 17 Th 2005
Ensuring the quality of air ambience & air emission within
the area and its surrounding fulfills standard of environment
quality in compliance with the Governor of South Sumatera
Regulation No.17 of 2005
SO2
CO
NO2
O3
Debu Dust
Pemenuhan Provisi Lingkungan Rp/ton
Rp/tons fulfillment of environmental provision
Satuan
Unit
Kadar Maks
Max. Level
Aktual 2009
Actual 2009
mg/l
mg/l
mg/l
6-9
< 300
<7
<4
6 - 8,5
4 - 250
0,5 - 6,5
0,2 - 3,75
Ug
Ug
Ug
Ug
Ug
Rencana
Plan
Rp3.969/ton
< 900
< 30.000
< 400
< 235
< 230
Aktual
Actual
Rp4.082 /ton
8 - 274
878 -2.000
25 - 190
25,9 - 122
28,8 - 227
69
70
Pemantauan Lingkungan
Perseroan melakukan pemantauan secara rutin terhadap
kondisi lingkungan di sekitar area penambangan dengan
tujuan untuk meminimalisir kemungkinan kerusakan
lingkungan, sekaligus sebagai bagian dari upaya mitigasi
Environmental Monitoring
The Company routinely monitors the environmental
condition of the surrounding mining area to minimize
environmental damage, and at the same time to mitigate
risks to the environment. Environmental monitoring
71
72
Jumlah Titik
Pantau
Monitoring Points
Kualitas Air
34
10
Object of Monitoring
Water Quality
Air emissions
(non-moving sources)
Emisi Udara
(sumber tidak bergerak)
Kebisingan
Noise
Kualitas Tanah
Soil Quality
Revegetasi
Pencemaran Tanah
(material bekas)
Tanah Pucuk
Swa Bakar
Erosi
Infeksi Saluran Pernafasan Akhir
(ISPA)
Satwa Liar
Biota Air
Sosial, Ekonomi dan Budaya
10
10
8
11
Revegetation
Soil Pollution
Top Soil
Berlanjut* Continuous*
Spontaneous Combusition
Erosion
10
Wild Life
Water Biota
9
3
10
*Performed by PTBA
73
74
IMPLEMENTATION Report
of Reclamation and
Rehabilitation
Land clearance and mining area reclamation have
been carried out pursuant to the provision of Law
No. 4 of 2009 and Government Regulation No. 18 of
2008 concerning Reclamation and Mine Closing which
required the following: (i) Gradual land clearance; (ii)
Slope & back slope; (iii) Canal, check dam, rip rap; (iv)
Planting cover crop; (v) Incinerator for hazardous waste;
(vi) Bioremediation for hydrocarbon-contaminated land
cultivation; (vii) Calcification, wetland for liquid waste
and sedimentation pool. All the requirements were
met by the Cpmpany as described in the preceding
section of Environmental Conservation.
Zona Penerima/Rekreasi
Zona Sarana Prasarana
Zona Hutan Tanaman
Zona Kebun Koleksi
Zona Kebun Buah
Zona Peternakan
Zona Wisata Air
Zona Penelitian Produktif
Zona Pertanian/Agroforestry
Zona Perikanan
Zona Bumi Perkemahan
Zona Satwa
S a m p a i d e n g a n t a h u n 2 0 0 9 , p ro g r a m re k l a m a s i
lahan pascatambang sebagai Tahura Enim yang telah
dilaksanakan adalah:
Receiving/Recreational Zone
Utility Zone
Plantation Forest Zone
Collection Garden Zone
Fruit Garden Zone
Cattle Breeding Zone
Water Recreation Zone
Productive Research Zone
Agro-forestry Zone
Fishery Zone
Camping Zone
Animal Zone
75
76
Information Technology
Development
Lokasi Location
Upgrade
TJE - JKT
1 Mbps
2 Mbps
TJE - TRH
512 Kbps
1 Mbps
TJE - KTP
512 Kbps
1 Mbps
Internet JKT
512 Kbps
2 Mbps
Internet TJE
256 Kbps
1 Mbps
Briket Natar
256 Kbps
Briket Gresik
256 Kbps
TJE - Omblin
64 Kbps
128 Kbps
64 Kbps
128 Kbps
TJE - PT BAP
64 Kbps
128 Kbps
77
78
To ex p e d i te p ro ce s s i n g, t h e Co m p a ny i n c re a sed
storage capacity of Ellipse (ERP) application from 1
Tera to 2.5 Tera. The next step was upgrading PC
capacity to support business processing to replace
2 0 0 P C w h o s e re nt ex p i re d a n d 2 5 0 P C P I I I & I V
(total 450 PC).
79
80
3.323
2008
2009
2009
1.172
1.132
s/d SLTP
up to Junior High School
1.634
1.600
SLTA
Senior High School
220
219
D3
Diploma Graduate
249
355
S1
Graduate
17
17
S2
Doctoral
2008
2008
2009
2009
0,8%
< 25
0,3%
2,7%
25 - 30
1,9%
0,8%
30 - 35
6,8%
6,5%
35 - 40
26,7%
19,1%
40 - 45
41,7%
43,0%
45 - 50
22,7%
27,1%
> 50
2008
Rekrutmen Pegawai
Recruitment of Employees
81
82
Eksternal External
Internal
Grand Total
231
1.899
2.130
Type of Training
Management
Teknik
479
2.896
3.375
Technical
Grand Total
710
4.795
5.505
Grand Total
83
84
85
86
Pembahasan
dan Analisis
Manajemen
Management
Discussion and
Analysis
87
88
Uraian
2007
2008
2009
2010
Perubahan
Changes
Perkiraan
Estimation
(a)
(b)
(c)
(b : a)
(c : b)
Description
Asia-Pasifik
364,73
376,13
384,23
404,88
2,2
5,4
Asia-Pacific
Atlantik
234,07
231,68
217,73
222,58
-6,0
2,2
Atlantic
Jumlah
598,80
607,81
601,96
627,46
-1,0
4,2
Total
Sumber : McKloskey
Source: McKloskey
Data from the same source showed that the crisis had
an impact on coal import of Japan, Taiwan, Hong Kong,
Thailand and Malaysia, industrial countries whose
economy largely depends on world economy, particularly
that of America and Europe. Two new industrial countries,
China and India, whose economy is more dependent
on Asia-Pacific and domestic market were not severly
affected by the crisis. Coal demand of China and India
increased as shown in the following table:
Uraian
2008
2009
2010
Perubahan
Changes
Perkiraan
Estimation
(a)
(b)
(c)
(b : a)
(c : b)
119,62
124,12
118,12
118,12
Korea Selatan
68,34
76,44
78,54
Taiwan
61,42
59,52
57,12
India
35,26
36,06
China
16,22
Thailand
Jepang
2007
Description
-4,8
0,0
Japan
80,54
2,7
2,5
South Korea
58,62
-4,0
2,6
Taiwan
42,06
47,06
16,6
11,9
India
14,92
24,92
29,92
67,0
20,1
China
15,27
15,07
14,07
15,57
-6,6
10,7
Thailand
Malaysia
12,52
16,12
13,12
14,12
-18,6
7,6
Malaysia
Hong Kong
12,30
11,30
10,50
11,30
-7,1
7,6
Hong Kong
Philipina
7,14
7,54
7,04
7,29
-6,6
3,6
Philippines
Lain-lain
16,64
15,04
18,74
22,34
24,6
19,2
364,73
376,13
384,23
404,88
2,2
5,4
Jumlah
Sumber : McKloskey
Others
Total
Source: McKloskey
89
90
Uraian
2005
2006
2007
2008
2009
2010
Perubahan
Changes
Perkiraan
Estimation
(a)
(b)
(c)
(b : a)
(c : b)
Description
Indonesia
128,5
183,0
195,0
199,9
204,9
213,9
2,5
4,4
Indonesia
Australia
107,2
110,9
112,0
125,3
132,8
140,3
6,0
5,6
Australia
Afrika
Selatan
73,9
67,3
66,8
66,1
67,1
70,1
1,5
4,5
South
Africa
China
60,7
53,6
45,4
35,9
24,5
24,5
-31,8
0,0
China
Kolombia
52,9
56,8
61,1
62,1
62,1
66,1
0,0
6,4
Columbia
Rusia
48,8
70,0
78,7
76,5
76,0
80,5
-0,7
5,9
Russia
Polandia
13,9
10,2
6,5
4,4
2,4
1,4
-45,5
-41,7
Poland
Venezuela
7,8
7,8
8,3
6,2
3,5
4,0
-43,5
14,3
Venezuela
Amerika
Serikat
2,6
4,5
10,9
16,1
11,1
7,6
-31,1
-31,5
Norwegia
1,5
1,5
3,8
3,5
3,5
3,5
0,0
0,0
Norway
Lain-lain
2,7
3,9
7,0
10,8
10,8
10,8
0,0
0,0
Others
500,5
569,5
595,5
606,8
598,7
622,7
-1,3
4,0
Jumlah
Sumber: McKloskey
United
States
Total
Source: McKloskey
91
92
Segmen Batubara
Coal Segment
Dalam bersaing, Perseroan mengutamakan kepuasan In competition, the Company gives priority to customer
Pelanggan.
Kepuasan Pelanggan tercipta karena produk yang
dihasilkan sesuai dengan persyaratan.
Mutu produk akan sesuai bila seluruh proses pada
tahapan produksi sesuai dengan persyaratan.
satisfaction;
93
94
2009
2008
Perubahan (%)
Changes (%)
Description
Produksi
Production
Air Laya
5.280.781
5.180.968
1,9
Air Laya
2.630.150
2.478.649
6,1
2.846.546
2.426.892
17,3
10.757.477
10.086.509
6,7
1.770
5.109
-65,3
783.243
712.199
10,0
11.600.402
10.803.817
7,4
574.783
1.169.708
-50,9
57.912
Pembelian
Total Production
Purchase
366.294
-100,0
574.783
1.536.002
-62,6
12.175.185
12.339.819
-1,3
Jumlah Pembelian
Total Produksi & Pembelian
Banko Barat
UPT Total Production
Stockpile Management
Management of coal stockpile from production and
blending process was conducted according to the
classification of its calorie quality and consumers
requirements. The Company had an addition of
Hopper Blender facility to support coal blending
Pengangkutan
Perseroan bekerjasama secara intensif dengan
P T K e re t a A p i I n d o n e s i a ( P T K A) d a l a m p ro s e s
p e n g a n g k u t a n b at u b a ra d a r i Ta n j u n g E n i m k e
Pelabuhan Tarahan (Lampung) dan Dermaga Kertapati
(Palembang). Proses yang dilalui dalam pengangkutan
batubara meliputi:
Transportation
Arranging
95
96
Strategi Pemasaran
Untuk menjamin berlangsungnya peningkatan penjualan
dimasa-masa mendatang di tengah kecenderungan
permintaan batubara yang meningkat, Perseroan menjalankan
strategi pemasaran meliputi:
Marketing Strategy
In an effort to secure future sales amidst the increasing
tendency of coal demand, the Company adopted the
following marketing strategy that included:
Kerjasama
Cooperation
97
98
Domestik (Rp/ton)
Domestic (Rp/ton)
265.983
330.697
345.645
506.900
745.115
Ekspor (US$/ton)
Export (US$/ton)
43,87
44,50
47,50
68,73
64,59
Ekspor Export
Berdasarkan Negara Tujuan Based on Destination
2009
26%
9%
2009
2009
2008
2009
2008
4%
4%
84%
86%
Pembangkit listrik
Power plant
13%
10%
Industri lainnya
Other industry
India India
37%
China China
16%
Malaysia Malaysia
1%
Pakistan Pakistan
10%
Industri semen
Cement industry
Jepang Japan
1%
Taiwan Taiwan
Vietnam Vietnam
2008
2008
10%
Jepang Japan
10%
India India
32%
China China
10%
Malaysia Malaysia
8%
Pakistan Pakistan
10%
Eropa Europe
10%
Lainnya Others
99
100
2009
2008
Perubahan (%)
Changes (%)
Domestik
BA-58(PLTU Bukit Asam)
Description
Domestic
1.105.582
1.122.439
-1,5
BA-58(PLTU Tarahan)
476.696
556.732
-14,4
BA-59(PLTU Suralaya)
5.153.905
5.157.162
-0,1
575.935
805.695
BA-63
296.747
161.885
83,3
BA-63
BA-67
15.131
168.014
-91,0
BA-67
Batubara Antrasit
14.797
2.913
408,0
Anthracite Coal
2.044
5.386
-62,0
Ombilin UP Coal
Batubara UP Briket
237.323
305.320
-22,3
Briquette UP Coal
182.776
35.764
411,1
7.488
8.068.424
8.321.310
-3,0
BA-59
791.286
1.616.178
-51,0
BA-59
BA-63
1.135.716
BA-63
BA-67
1.564.516
1.666.980
-6,1
BA-67
BA-70
924.794
1.021.407
-9,5
BA-70
Batubara UP Ombilin
Batubara PT International
Prima Coal
Jumlah Domestik
-28,5
Ekspor
BA-58& BA-59
(Other Industry)
PT International
Prima Coal
Total Domestic
Export
Batubara UP Ombilin
71.225
Ombilin UP Coal
100.822
BAP Coal
4.416.312
4.476.612
-1,3
Total Export
12.484.736
12.797.922
-2,4
Total Sales
Jumlah Ekspor
Jumlah Penjualan
Fo r d o m e s t i c s a l e s, B A - 5 9 p o s t e d a t o t a l o f 5 . 7
million tons or dropped 3.9% from 2008, allocated
5 . 2 m i l l i o n to n s to S u ra l aya T P P a n d 0 . 6 m i l l i o n
tons to consumers from other industr y. S ales to
Suralaya remained relatively the same.
Profitabilitas
Perseroan berhasil mencatatkan profitabilitas batubara
sebesar 30,5% dibandingkan tahun sebelumnya yang sebesar
23,9%. Hasil ini diperoleh melalui pelaksanaan program
efisiensi produksi dan oleh karena adanya peningkatan harga
jual batubara yang terjadi selama tahun 2009.
Profitability
T h e Co m p a ny r e c o r d e d a p r o f i t a b i l i t y o f 3 0 . 5 %
compared to 23.9% the year before. This was
the result of produc tion efficienc y program and
increased selling price in 2009.
Fo r t h at re a s o n , t h e Co m p a ny h a s t a k e n s e ve ra l
steps in anticipation of the coming business
oppor tunities. Some of the anticipator y steps
ta k e n we re i n c re a s i n g s e l f -ma n a g e d pro d u c ti o n
by BWE system, improving auxiliar y facilities and
amenities, and increasing railway coal loading
capacity (see also discussion on Business
D e ve l o p m e nt , p a g e 5 1 ) .
Segmen Briket
Briquette Segment
Th e Co m p a ny i s t h e o n l y co m p a ny i n I n d o n e s i a
capable of producing carbonized briquette.
This t ype of briquette has superior qualities like
volatile matter, sulphur and lower water content
compared to non- carbonized briquette, enabling
faster and easier burning process, generating
101
102
Produksi Briket
Briquette Production
(Dalam ton)
Uraian
Pabrik Tanjung Enim
Pabrik Lampung
Pabrik Gresik
Jumlah Produksi
(In tons)
2009
(a)
3.618
12.090
7.159
22.862
2008
(b)
6.338
9.130
4.217
19.685
%
(a : b)
57
132
170
116
Penjualan Briket
(Dalam ton)
Uraian
Description
(In tons)
2009
(a)
4.229
12.044
5.909
22.182
2008
(b)
6.059
10.615
4.534
21.208
%
(a : b)
70
113
130
105
Description
Tanjung Enim Plant
Lampung Plant
Gresik Plant
Total Sales
Profitabilitas
Tahun 2009, Perseroan mencatat sedikit kerugian pada
segmen usaha briket yakni -1,4%, akibat harga produksi
yang lebih tinggi dari harga jualnya. Harga pokok produksi
briket berkisar antara Rp1.017 Rp2.486 per kilogram,
sementara harga jualnya berkisar Rp1.100 Rp1.650
per kilogram.
Peningkatan penggunaan energi alternatif sebagai
pengganti minyak tanah pada sejumlah industr i
kecil dan menengah tampaknya masih belum
mendorong peningkatan penggunaan briket secara
m a k s i m a l. Pe n i n g k at a n p e n g g u n a a n e n e rgi g a s,
sebagai pengganti minyak tanah justru lebih cepat
berkembang, mengingat sebagian gas yang beredar
di pasaran juga mendapatkan subsidi.
Namun demikian, seiring dengan peningkatan konsumsi
ayam dalam negeri, diharapkan konsumen tradisional
briket Perseroan, yak ni peternak an DOC semak in
berkembang dan meningkatkan permintaan briket.
Selain itu peningkatan kegiatan pengolahan tembakau
di Jawa Timur dan Lombok diharapkan membuka pasar
baru bagi pemasaran produk briket Perseroan.
Profitability
I n 2 0 0 9 , t h e Co m p a ny r e c o r d e d a s l i g h t l o s s i n
briquette business segment, that was -1.4%, due
to h i g h e r p ro d u c t i o n co s t s co m p a re d to s e l l i n g
prices. Production costs of briquette product
ranged between R p1,017 R p2,486 per k ilogram,
while selling prices ranged from Rp1,100 Rp1,650
per k ilogram.
Bigger use of alternative energy to replace
k e ro s e n e i n s m a l l to m e d i u m - s c a l e i n d u s t r y d i d
not seem to significantly push the use of briquette.
The use of gas in replacement of kerosene grew at
a faster pace because gas sold to the public was
also subsidized.
But still, as chicken consumption increased in the
domestic market, traditional consumers of the
Co m p a ny s b r i q u e t te, i . e. D O C f a r m s, co nt i n u e d
to grow and increased demand for br iquette. A
larger scale of tobacco processing in East Java and
Lombok is expec ted to open new markets for the
Company s briquette produc t.
103
104
Financial Review
Neraca
Balance Sheet
Aset
Aset Lancar
Jumlah aset lancar mencapai Rp6,8 triliun atau
84,0% dari jumlah keseluruhan aset. Kondisi ini
menggambarkan likuiditas Perseroan yang semakin
meningk at dibandingk an dengan posisi tahun
sebelumnya yang tercatat sebesar Rp5 triliun atau
81,1% dari total nilai aset. Komposisi terbesar aset
lancar adalah kas dan setara kas sebesar 69,4%, diikuti
piutang usaha 22,8% dan persediaan sebesar 6,0%
dari jumlah keseluruhan aset lancar.
Assets
Current Asset
Total current assets was recorded at Rp6.8 trillion
or 84.0% of total assets. This condition reflected the
Companys improved liquidity compared to the previous
year position of Rp5 trillion or 81.1% of total assets. The
largest portions of current assets were cash and cash
equivalents 69.4%, trade payables 22.8% and inventory
taking up 6.0% of total current assets.
ASET LANCAR
current ASSETS
Uraian
Kas dan setara kas
Piutang usaha (bersih)
Persediaan (bersih)
Aset lancar lainnya
Jumlah aset lancar
2009
4.709.104
1.491.460
409.901
172.926
6.783.391
2008
3.041.720
1.376.624
420.040
111.133
4.949.517
Cash and
Posisi kas dan setara kas pada tahun 2009 naik sebesar
Rp1.667,4 miliar menjadi Rp4,7 triliun atau meningkat
sebesar 54,8% dari posisi tahun sebelumnya sebesar
Rp3,0 triliun. Kenaikan kas dan setara kas tersebut
terutama berasal dari hasil operasi tahun 2009. Kas
bersih yang diperoleh dari aktifitas operasi selama
tahun 2008 mencapai Rp2,7 triliun, meningkat 70,0%
dari posisi tahun sebelumnya.
%
54,8
8,3
-2,4
55,6
37,1
Description
Cash and cash equivalents
Trade receivables (net)
Inventories (net)
Other current assets
Total current assets
Cash Equivalents
Cash and cash equivalents in 2009 rose Rp1,667.4
billion to reach Rp4.7 trillion or posting an increase
of 54.8% from the previous year position that was
recorded at Rp3.0 trillion. This increase came mainly
from 2009 operating results. Net cash coming from
operating activities in 2008 totalled Rp2.7 trillion,
showing a growth of 70.0% from the year before.
105
106
Piutang Usaha
Trade Receivables
Persediaan
Inventories
To m i n i m i z e l o s s , t h e C o m p a n y i n s u r e d c o a l
inventory in transit and spareparts and materials
stored in the warehouses.
Non-current Assets
Uraian
Investasi pada perusahaan
asosiasi
Properti pertambangan
Aset tetap (bersih)
Beban eksplorasi dan
pengembangan tangguhan
(bersih)
Aset pajak tangguhan (bersih)
Aset tidak lancar lainnya
Jumlah aset tidak lancar
2009
2008
Perubahan (%)
Changes (%)
122.620
199.063
371.523
125.972
199.063
383.932
-2,7
0,0
-3,2
321.821
250.053
30.107
1.295.187
254.504
171.828
21.576
1.156.875
26,5
45,5
39,5
12,0
Aset Tetap
Fixed Assets
Tangguhan
Jumlah beban eksplorasi dan pengembangan tangguhan
setelah dikurangi amortisasi pada akhir tahun 2009
tercatat sebesar Rp321,8 miliar atau naik sebesar 26,5%
dari jumlah tahun sebelumnya yang sebesar Rp254,5
miliar. Beban tersebut merupakan biaya eksplorasi
dan pengembangan tambang baru, baik yang masih
dalam tahap eksplorasi dan pengembangan maupun
yang telah memasuki masa produksi. Untuk beban
ditangguhkan yang telah memasuki tahapan produksi
dilakukan amortisasi dengan metode unit produksi.
Kenaikan jumlah beban eksplorasi dan pengembangan
tangguhan pada tahun 2009 terutama disebabkan
adanya kegiatan pemindahan BWE dari lokasi TAL ke
lokasi MTB sebesar Rp73,6 miliar.
Properti Pertambangan
Description
Investment in associated
companies
Mining property
Fixed assets (net)
Deferred exploration and
development expenditure (net)
Deferred tax assets (net)
Other non current assets
Total non current assets
Expenditure
To t a l d e fe r re d e x p l o r a t i o n a n d d e ve l o p m e n t
expenditure less amortisation at end of 2009 was
recorded at Rp321.8 billion or increased 26.5%
from the previous year amount of Rp254.5 billion.
This expenditure was the cost of exploration and
development of new mines, either in exploration and
development stage or in operating stage. Deferred
expenditure in production stage is amortised by
production unit method.
Mining Property
107
108
Kewajiban
Liabilities
Kewajiban
Liabilities
Uraian
2009
2008
Perubahan (%)
Changes (%)
Current liabilities
Kewajiban lancar
Hutang usaha
Biaya yang masih harus dibayar
Hutang pajak
Pinjaman bank jangka pendek
58.097
789.369
431.230
13.500
69.190
644.152
562.661
-
-16,0
22,5
-23,4
-
23.209
57.025
8.478
1.380.908
24.930
30.474
21.583
1.352.990
-6,9
87,1
-60,7
2,1
Trade payables
Accrued expenses
Taxes payable
Short-term bank loans
Current maturities of
Long-term liabilities
- Provision for environmental
reclamation and mine closure
- Provision for employee benefits
Others current liabilities
Total current liabilities
Long-term liabilities
Long-term liabilities-net of
current portion
- Penyisihan reklamasi
lingkungan dan penutupan
tambang
Description
151.266
759.792
774
911.832
2.292.740
120.848
553.779
1.116
675.743
2.028.733
25,2
37,2
-30,6
34,9
13,0
Kewajiban Lancar
Current Liabilities
Trade Payables
Accrued Expenses
Hutang Pajak
Taxes Payable
Tambang
Jumlah penyisihan untuk reklamasi lingkungan dan
penutupan tambang pada tahun ini naik menjadi Rp151,3
miliar atau naik 25,2% dari Rp120,8 miliar pada tahun
sebelumnya. Kenaikan ini terutama disebabkan oleh
kenaikan produksi sebesar 7,4% dari tahun sebelumnya,
kenaikan tarif biaya restorasi, rehabilitasi dan penutupan
tambang lainnya yang semula Rp3.969 menjadi Rp4.082
per ton batubara.
Non-current Liabilities
Mine Closure
Total provision for environmental reclamation and
mine closure in 2009 rose to Rp151.3 billion or up
25.2% from Rp120.8 billion in 2008. This increase
was mainly due to production increase of 7.4% from
the previous year, higher other costs of restoration,
rehabilitation and mine closure from Rp3.969 to
Rp4.082 per ton of coal.
109
110
Ekuitas
Equity
Statements of Income
STATEMENT OF INCOME
Uraian
Penjualan
Harga pokok penjualan
Laba kotor
2009
2008
Perubahan (%)
Changes (%)
8.947.854
7.216.228
24,0
Sales
(4.104.301)
(3.686.136)
11,3
Cost of sales
4.843.553
3.530.092
37,2
Gross profit
(695.346)
(504.705)
37,8
(578.759)
(515.145)
12,3
- Selling and
marketing
(21.133)
(16.300)
29,7
- Exploration
(1.295.238)
(1.036.150)
25,0
3.548.315
2.493.942
42,3
Operating income
217.039
56.687
282,9
Beban usaha :
- Umum dan administrasi
- Penjualan dan
pemasaran
- Eksplorasi
Jumlah beban usaha
Laba usaha
Penghasilan lain-lain,
bersih
Bagian (rugi)/laba bersih
dari perusahaan
asosiasi
Description
Operating expenses
- General and
administrative
(3.352)
1.043
-421,4
3.762.002
2.551.672
47,4
Pajak penghasilan
1.032.675
837.055
23,4
2.729.327
1.714.617
59,2
(1.593)
2.727.734
(6.846)
-76,7
1.707.771
59,7
Pendapatan Usaha
Pendapatan usaha Perseroan yang terdiri dari penjualan
batubara dan briket batubara pada tahun 2009 mencapai
Rp8,9 triliun, naik 24,0% dari Rp7,2 triliun pada tahun
sebelumnya. Pendapatan tetap meningkat sekalipun
volume penjualan menurun 2,4% dari 12,8 juta ton pada
tahun 2008 menjadi 12,5 juta ton pada tahun 2009. Pada
periode tersebut, harga rata-rata batubara naik sebesar
Operating Income
In 2009 the Company earned operating income from sales
of coal and briquette totalling Rp8.9 trillion or increased
24.0% from Rp7.2 trillion in 2008. Income continued to
grow although sales volume dropped 2.4% from 12.8
million tons in 2008 to 12.5 million tons in 2009. During
the period, average price of coal increased 27.1% from
2009
Uraian
2008
Penjualan
Sales
Harga Jual
Rata-rata
Average
selling price
Penjualan
Sales
Harga Jual
Rata-rata
Average
selling price
(Juta Rp)
(Million Rp)
(Ribu Rp/ton)
(Thousand
Rp/tons)
(Juta Rp)
(Million Rp)
(Ribu Rp/ton)
(Thousand
Rp/tons)
(a)
(b)
(c)
(d)
Description
(a : c)
(b : d)
Domestik
6.011.905
745,1
4.217.963
506,9
143
147
Ekspor
2.909.219
658,7
2.974.239
664,4
98
99
Jumlah/
Rata-rata
8.921.124
714,6
7.192.202
562,0
124
127
Domestic
Export
Total/
Average
Cost of Sales
During the period cost of sales was recorded at Rp4.1
trillion, posting a growth of 11.3% from Rp3.7 trillion in
2008. The largest portions of this account are railway
services 30.0%, mining fee 21.7%, employee salaries,
wages and welfare 12.6%, royalty 10%, heavy equipment
rent 6.4% and coal purchase 5.8% of total cost of sales.
111
112
2008
2008
2009
29%
30%
22%
22%
16%
6%
10%
13%
Angkutan KA
Railway Transportation
Jasa Tambang
Mining Services
Pembelian Batubara
Coal Purchase
Gaji dan Upah
Salary and Wages
2008
2009
10%
10%
5%
6%
8%
13%
Royalti
Royalty
Sewa Alat
Equipment Rental
2009
Lain-lain
Others
113
114
Cash Flow
The Company recorded positive cashflow in 2009,
amounting to Rp1,661.4 billion, as explained below:
Arus Kas
Per s e ro a n m e n c at at a r u s k a s p o s i t i f p a d a t a h u n
2009, sebesar Rp1.661,4 miliar, dengan penjelasan
sebagai berikut:
ARUS KAS
CASH FLOW
Uraian
2009
2008
Perubahan (%)
Changes (%)
8.729.086
6.437.276
35,6
103.932
(416.761)
122.229
(217.849)
-15,0
91,3
(6.800)
-100,0
(4.613.445)
(1.252.373)
2.791
200.084
(17.000)
(4.352.593)
(472.779)
100.093
-
6,0
164,9
99,9
-
2.736.314
1.609.577
70,0
(57.591)
-
(86.372)
(163.934)
(9.787)
(137.906)
-33,3
-
-92,9
Description
CASH FLOW FROM
OPERATING ACTIVITIES
Cash receipts from
customers
Cash receipts from
other operations
Payments for royalties
Payment for tantiem
Cash paid to suppliers
and employees
Payment for taxes
Tax refund
Interest receipts
Other payment
Net cash provided
From operating activities
CASH FLOW FROM INVESTING
ACTIVITIES
Payments for fixed assets
Acquisition of subsidiary
Acquisition of additional
shares of subsidiary
ARUS KAS
CASH FLOW
Uraian
Penambahan investasi
kepada perusahaan
asosiasi
Arus kas bersih yang
digunakan untuk
aktifitas investasi
ARUS KAS DARI
Aktifitas PENDANAAN
Pembayaran dividen
kepada pemegang
saham
Arus kas bersih yang
digunakan untuk
aktifitas pendanaan
Kenaikan (penurunan)
kas dan setara kas
Dampak selisih kurs
terhadap kas dan
setara kas
Kas dan setara kas pada
awal tahun
Kas dan setara kas pada
akhir tahun
2009
2008
(67.378)
(1.007.494)
Perubahan (%)
Changes (%)
(41.000)
(429.212)
(380.104)
-84,3
165,1
(1.007.494)
(380.104)
165,1
1.661.442
800.261
107,6
5.942
18.640
-68,1
3.041.720
2.222.819
36,8
4.709.104
3.041.720
54,8
Description
Acquisitions of investment
of associated company
Net cash used in
investing activities
CASH FLOW FROM FINANCING
ACTIVITIES
Payment of dividend to
shareholders
Net cash used in
financing activities
Net increase in cash and
cash equivalents
Effect of exchange
rate on cash
and cash equivalents
Cash and cash equivalents
at the beginning of the year
Cash and cash equivalents
at the end of the year
115
116
Rasio-rasio Keuangan
Financial Ratios
Uraian
2009
2008
Rasio pertumbuhan
Description
Growth ratio
Pendapatan usaha
24,0
75,0
Laba kotor
37,2
117,5
Gross profit
Laba usaha
42,3
178,0
Operating income
Laba bersih
59,7
135,2
Net income
59,8
135,3
Rasio usaha
Sales
54,1
48,9
39,7
34,6
30,5
23,7
85,0
88,3
62,2
62,4
47,8
42,7
60,0
57,8
43,9
40,8
33,8
28,0
491,2
365,7
28,4
33,2
40,2
50,8
Rasio keuangan
Aset lancar terhadap kewajiban lancar
Financial ratio
Rentabilitas
30,5
23,7
33,8
28,0
47,8
42,7
491,2
365,8
28,4
33,2
40,2
50,7
61,0
70,0
352,4
301,0
Likuiditas
Aset lancar terhadap kewajiban lancar
Kolektibilitas
Total piutang terhadap total penjualan
(AR DOH), dalam hari
Solvabilitas
Total aset terhadap total kewajiban
Liquidity
Current assets to current liabilities
Collectibility
Total payables to total sales
(AR DOH) in days
Solvency
Total assets to total liabilities
Rasio-Rasio Keuangan
Financial Ratios
Likuiditas
R asio ini menunjukkan kemampuan Perseroan dalam
memenuhi kewajiban jangka pendeknya yang akan
jatuh tempo, dihitung dengan membagi aset lancar
dengan kewajiban lancar. Tahun 2009 rasio likuiditas
Perseroan adalah sebesar 491,2%. Hal ini menunjukkan
kemampuan Perseroan sangat kuat dalam memenuhi
kewajiban jangka pendeknya.
Liquidity
This ratio shows the Company s ability to meet its
maturing short term liabilities. It is calculated by
dividing current assets with current liabilities. In 2009
the Company had a liquidity ratio of 491.2%. This was
evidence that the Company was highly capable of
settling its short term liabilities.
Kolektibilitas Piutang
T i n g k a t k o l e k t i b i l i t a s p i u t a n g d i h i t u n g d e n g a n
membandingkan total piutang terhadap total hasil
penjualan. Dengan perhitungan tersebut tingk at
kolektibilitas piutang Perseroan adalah sebesar 61 hari,
membaik dari angka 70 hari di tahun 2008. Salah satu
penyebab membaiknya tingkat kolektibilitas ini adalah
pembayaran piutang pihak yang mempunyai hubungan
istimewa. Adapun tabel lengkap piutang perseroan adalah
sebagai berikut:
Collectibility
Collectibility is calculated by comparing total liabilities
with total sales. Based on this calculation the Companys
collectibility was 61 days in 2009, showing an
improvement from 70 days in 2008. One of the causes
of improved collectibility was settlement of receivables
by one of related parties. The following table shows
the Companys receivables collectibility:
Kategori
Jumlah
Amount
Categories
980.205
241.600
Overdue 30 60 days
284.792
Kebijakan Permodalan
Struktur modal merupakan perimbangan antara penggunaan
modal sendiri dengan pinjaman/hutang yang terdiri dari hutang
jangka pendek dan hutang jangka panjang. Struktur modal
33.001
1.539.598
(48.138)
1.491.460
Solvency
This ratio shows the Company s ability to meet its
maturing short term and long term liabilities. Solvency
ratio is calculated by comparing total assets with total
liabilities. The Companys solvency was recorded at
352% or improved from 301.0% in 2008, because in 2009
growth of assets was larger compared to liabilities.
Return Ratio
This ratio reflects the Companys ability to generate net
income by using resources it has on hand. An increase
of 59.7% in 2009 net income improved Net Income
Margin to 30.5% from 23.7% in 2008. Return on Equity
increased from 42.7% in 2008 to 47.8%. Return on Asset
also improved from 28.0% in 2008 to 33.8%.
117
118
Pengeluaran Modal
Investasi Rutin
Merupakan investasi yang dilaksanakan oleh Perseroan dalam
rangka mempertahankan tingkat produksi dan efisiensi operasi,
termasuk antara lain perbaikan dan penambahan fasilitas
Capital Expenditures
Routine Investment
This is an investment made by the Company in an effort to
maintain its production level and operating efficiency which
included repair and addition of routine operating facilities.
Routine investment made in 2009 totalled Rp46.4 billion or
95.0% of routine investment in 2008. Maintenance of Tarahan
Port infrastructure, Tanjung Enim production facilities and
construction of Tanjung Enim Head Office made up the
major part of routine investment. Maintenance of Tarahan
Port infrastructure and repair of Tanjung Enim production
facilities were conducted to support the target of larger
production and sales in the coming years.
Investasi Pengembangan
I nve s t a s i te r s e b u t m e n c a k u p i nve s t a s i u n t u k
pemindahan BWE ke Muara Tiga (P2BM) sebesar Rp73,6
miliar, yang dilakukan dengan tujuan meningkatkan
t a rg e t p ro d u k s i s w a k e l o l a , s e k a l i g u s s e b a g a i
implementasi program efisiensi biaya produksi.
Development Investment
Investment for development is made with the purpose of
expanding the Companys business. In 2009 development
investment totalled Rp81.9 billion or 23.0% of realized
development investment in 2008.
Investment was also made for transferring BWE system
to Muara Tiga (P2BM) in the amount of Rp73.6 billion
aimed at improving self-managed production, and at
implementing production cost efficiency program.
Self-managed mining by using BWE system is more
efficient due to its use of electricity. The Company is
currently constructing TPP unit for own purpose in the
area using low-calorie coal as fuel. So when the TPP
is operational, the need for BWE electricity in Muara
Tiga will be supplied by the Companys own TPP.
119
120
121
122
per year and Ker tapati Pier to 2.7 million tons per
year. In 2010, the whole process will star t and will
l a s t u nt i l co m p l e t i o n i n 2 0 1 3 .
Improving coal production and handling system is
in compliance with Coal Transportation Agreement
(CTA) signed in October 2009 with a take or pay clause.
Under this agreement transpor tation is projected
to gradually increase to 20 million tons per year to
Tarahan Port and 2.7 million tons per year to Kertapati
Pier starting 2014.
123
124
INFORMASI MATERIAL
MATERIAL INFORMATION
Transaksi Material
Material Transactions
125
126
Akuisisi
Perseroan telah melakukan proses Due diligence atas
sejumlah tambang yang akan diakuisisi. Dari total 5
perusahaan yang diteliti, Perseroan melakukan penawaran
atas 3 perusahaan tambang prospek dengan potensi yang
memadai, sementara 2 lainnya tidak dilanjutkan karena
tidak memenuhi syarat potensi minimal yang diterapkan,
baik karena jarak angkut yang terlalu jauh, kualitas
batubara yang tidak memadai maupun masalah legal.
Dari tiga penawaran, satu diantaranya tidak berlanjut
karena tidak dicapai kesepakatan skema bisnis maupun
nilai. Dua penawaran masih dalam tahap evaluasi dari
pihak prospek. Sehingga dengan demikian tidak ada
realisasi akuisisi baru di tahun 2009.
Acquisition
The Company conducted due diligence on a number
o f m i n e s to b e a cq u i re d. O u t o f f i ve co m p a n i e s
reviewed, the Company made bids for three mining
companies with adequate potentials, while the other
two were dropped as they failed to meet the minimum
requirements, whether for reason of long transporting
distance, coal quality or legal problems.
Out of three bids, one was not carried through for
failure to agree on business scheme and value. Two
bids are still being evaluated by prospective parties.
Therefore, there was no new acquisition in 2009.
Establishment of Subsidiary
Companies
No subsidiary company was set up in 2009.
Pe n j u a l a n b a t u b a r a k e p i h a k y a n g m e m i l i k i
hubungan istimewa ditetapkan berdasarkan kontrak
penjualan, yang pada umumnya menggunakan indeks
Transaksi Transaction
Penempatan dana
Fund placement
Penempatan dana
Fund placement
Penempatan dana
Fund placement
Penempatan dana
Fund placement
Pengangkutan batubara
Coal transportation
PT Indonesia Power
Penjualan batubara
Coal sales
Penjualan batubara
Coal sales
Penjualan batubara
Coal sales
Penjualan batubara
Coal sales
Penjualan batubara
Coal sales
Pengapalan batubara
Coal shipping
PT Dahana (Persero)
PT Pertamina (Persero)
Premi asuransi
Insurance premium
Dana Pensiun
Pension Fund
127
128
Perubahan Peraturan
dan Batubara
Pe ra t u ra n Pe m e r i n t a h N o. 2 2 Te n t a n g Wi l ay a h
Pertambangan
Mining Business
d a n Pe r a t u r a n t e r k a i t t e r s e b u t , Pe r s e ro a n t e l a h
o n m i n i m u m p e rc e n t a g e o f d o m e s t i c c o a l s a l e s
D aya M i n e ra l ( E S D M ) m e n g e l u a r k a n Pe rat u ra n
k e p a d a p e l a n g g a n d o m e s t i k ( D o m e s t i c M a r ke t
129
130
Transactions
Kepentingan
K e p e n t i n g a n Tr a n s a k s i Te r t e n t u . Pe r a t u r a n i n i
of GMS or EGMS.
business changes.
D e n g a n te r b i t ny a Pe r a t u r a n t e r s e b u t Pe r s e ro a n
January 2010.
Badan
subsequent reversals.
p e n g h a s i l a n , d a n d i t a n d at a n g a n i Pre s i d e n p a d a
Januari 2010.
financial statements.
131
132
Subsequent Events
Peristiwa Setelah Tanggal Neraca
Pe r s e r o a n s e d a n g b e r d i s k u s i d e n g a n b e r b a g a i
masalah ini.
133
134
Laporan
Tata Kelola
Perusahaan
Corporate
Governance Report
Laporan Pelaksanaan
Tata Kelola
Implementation of
Corporate Governance
Perseroan senantiasa berusaha menerapkan prinsipprinsip tata kelola yang baik, mencakup azas transparency,
accountability, responsibility, independency dan fairness,
secara seimbang dengan pembangunan nilai-nilai dan
budaya perusahaan yang tertuang dalam rumusan kode
etik serta budaya perusahaan. Pembangunan integritas
yang tinggi melalui nilai-nilai budaya tersebut diyakini
akan semakin memberikan hasil maksimal pada mutu
penerapan GCG.
135
136
K o n s i s te n s i s e r t a k e b e r h a s i l a n Pe r s e ro a n d a l a m
menerapkan tata kelola yang baik telah membuahkan
berbagai bentuk penghargaan dari lembaga independen
dari berbagai perspektif, yakni, memperoleh peringkat
ke-enam emiten Bursa Efek Indonesia dalam survey
Corporate Government Perception Index, diselenggarakan
oleh majalah SWA dan IICG (The Indonesian Institute for
Corporate Governance) dengan kategori Terpercaya.
Bobot
Weight
Nilai Score
% Capaian
Aspect
% Achievement
b/a x 100
I.
9,00
7,49
83,27
II.
8,00
6,03
75,31
66,00
27,00
6,00
27,00
3,00
3,00
61,80
24,33
5,92
25,66
2,90
3,00
93,64
90,11
98,67
95,02
96,58
100,00
7,00
6,43
91,79
IV. Disclosure
10,00
8,00
80,00
V. Commitment
Nilai Keseluruhan
100,00
89,75
89,75
Total Score
Peringkat Kualitas
Penerapan GCG
BAIK
GOOD
V.
Komitmen
Corporate Governance
Guide and Structure
With the issuance of Limited Liability Company Law
(UU PT ), SOE Law, recommendation of GCG assessor,
and the latest GCG implementation, the Company
re-evaluated and adjusted the policy and Standard
Operating Procedure (SOP) associated with GCG. The
result of all these was the production of Soft Structure
GCG consisting of Board Manual, GCG Code, Code of
Conduct, and Additional Policies, which are reported
in the corporate governance section.
GCG Guidelines are the crystallization of all rules that
guide the implementation of GCG best practices, cultural
values, vision and mission. GCG Guidelines must be used
as reference by shareholders, Board of Commissioners,
Board of Directors, employees, and stakeholders in
dealing with the Company.
GCG Guidelines contain corporate governance principles
which are further elaborated in various policies and
technical implementation rules.
Structure of corporate governance in the Company is
as follows:
Kepala
Divisi
Division
Head
Sekretaris
Perusahaan
Corporate
Secretary
Komite Nominasi,
Remunerasi dan
GCG
Nomination &
Remuneration
Committee, and
GCG
137
138
M i n i m i z i n g l o s s e s a s a re s u l t o f m i s co n d u c t
through early warning system; and
Designing early warning system mechanism to
anticipate any problem arising from misconduct.
Pengelolaan Risiko
Perseroan mengembangkan sistem pengelolaan risiko
secara terintegrasi di tingkat korporasi dengan melibatkan
masing-masing satuan kerja. Pengembangan Sistem
Manajemen Risiko merupakan bagian dari strategi jangka
panjang Perseroan, dengan membentuk unit kerja khusus
yang menangani hal tersebut serta dilaksanakan secara
sistematis sesuai dengan standar manajemen risiko yang
menjadi acuan. Uraian selengkapnya ada pada bahasan
Risiko dan Manajemen Risiko pada halaman 58.
Risk Management
The Company develops an integrated risk management
system in the corporate level involving every work
unit. Risk Management System Development is part of
the Companys long term strategy by forming special
work unit to handle this matter systematically in
accordance with the risk management system. (Full
description of Risk Management is presented in Risk
and Risk Management page 58.
139
140
Insider Trading
The Company has rules on insider trading as stipulated
in Code of Conduct. Code of Business Conduct and
Work Ethics of the Company as written in Code of
Conduct Guide stipulate that the Company abides
by the prevailing laws and regulations regarding
insider information particularly with respect to access
to delicate and confidential information. However,
the Company does not restrict the Commissioners,
Directors and employees investing and owning shares
of the Company as long-term investment.
In certain cases, such as the Companys share buyback program, the Company prohibits Commissioners,
Directors and employees buying shares of the
Company while the program is in progress.
Performance Management
Dalam kasus-kasus tertentu, seperti pada saat Program
Pembelian Kembali Saham (Share Buy-back) Perseroan
mengeluarkan pengumuman yang melarang Dewan Komisaris,
Direksi dan karyawan untuk melakukan transaksi saham
Perseroan selama program tersebut berlangsung.
Manajemen Kinerja
Quality Management
Pelaksanaan manajemen kinerja ini didukung oleh
penerapan tools Balanced Scorecard dan pengukuran KPI
yang dilakukan setiap triwulan dan tahunan.
Manajemen Mutu
Perseroan menerapkan sistem manajemen mutu terpadu
tentang pengendalian kualitas produk dan jasa yang
dihasilkan oleh Perseroan. Jaminan kualitas produk dan
jasa merupakan hasil dari serangkaian kegiatan proses
produksi yang sesuai dengan standar internasional yang
dilakukan pada setiap kegiatan Usaha Energi berbasis
Batubara, mulai dari tahap penyelidikan umum, kegiatan
pengangkutan dan perdagangan, kegiatan pascatambang
hingga pengusahaan pembangkitan energi.
Transaksi Afiliasi
Transaksi dengan pihak-pihak terafiliasi tersebut akan
selalu dilakukan berdasarkan prinsip kesetaraan (arms
length relationship) sehingga tidak merugikan kepentingan
pemegang saham minoritas serta Perseroan.
Perseroan selalu mengungkapkan transaksi dengan pihakpihak terafiliasi secara wajar sesuai dengan ketentuan
peraturan perundang-undangan yang berlaku.
T h e Co m p a ny e s t a b l i s h e s a n i n t e g r a t e d q u a l i t y
management system for product and services quality
control. H igh qualit y of produc t and ser vices is
achieved as production process is in accordance with
international standards applied in every stage of coalbased energy business, starting from general research,
transporting and trading, post-mining down to energy
generating activities.
Affiliated Transactions
Transactions with affiliated parties are always made on
arms length relationship principle so as to protect the
interests of minority shareholders and the Company.
The Company always fairly discloses affiliated
transactions in accordance with the prevailing law.
141
142
Pengadaan Barang/Jasa
Goods/Services Procurement
Implemented consistently;
Assessed periodically with respect to system adequacy
to ensure compliance with effective, efficient,
transparent, competitive, fair/indiscriminative and
accountable principles;
Able to prevent conflict of interest and affiliated
transactions by the Company and its personnel in
procuring goods and services.
Organ Perusahaan
Corporate Organ
143
144
R a t i f y i n g t h e C o m p a n y s 2 0 0 8 F i n a n c i a l
Statements audited by the office of Certified
Public Accountant Haryanto Sahari & Partners,
m e m b e r f i r m o f Pr i c e w a t e r h o u s e C o o p e r s
a c c o r d i n g t o i t s r e p o r t N o. A 0 0 9 8 0 / D C 2 /
HSH/I/2009 dated 4 March 2009 with fair in all
material respects opinion.
Giving full release and discharge (volledig acquit
et de charge) to Board of Directors and Board
of Commissioners of the Company for their
management and supervision actions throughout
2008 accounting year, as long as those actions were
reported in the books of the Company and were
not in contradiction to the provisions of the law.
145
146
Dewan Komisaris
Dewan Komisaris adalah salah satu Organ Perseroan yang
diangkat melalui RUPS yang bertugas untuk melakukan
pengawasan secara umum atau khusus sesuai dengan
Anggaran Dasar serta memberikan nasihat atas kebijakan
Direksi dalam menjalankan kepengurusan Perseroan. Kinerja
Komisaris dievaluasi secara berkala minimal setahun sekali
berdasarkan kriteria evaluasi kinerja yang dikembangkan
oleh Komite Nominasi dan Remunerasi. Hasil evaluasi
kinerja Anggota Dewan Komisaris akan digunakan oleh
RUPS dalam memberikan remunerasi serta sebagai
salah satu indikator dalam pengangkatan kembali
dan pemberhentian Anggota Dewan Komisaris yang
bersangkutan.
Board of Commissioners
Board of Commissioners is an organ of the Company
appointed by GMS, assigned to supervise in general
and specific sense in accordance with the Articles of
Association and give counsel to the Board of Directors
in managing the Company. The performance of Board
of Commissioners is appraised periodically, minimum
annually, according to performance appraisal criteria
established by Nomination and Remuneration
Committee. The evaluation result will be used as
indicators by GMS in remunerating, appointing and
terminating members of Board of Commissioners.
The current composition of Board of Commissioners
is as follows:
Dr. Supriyadi
President Commissioner
Komisaris
Commissioner
Komisaris
Commissioner
Komisaris Independen
Independent Commissioner
Komisaris Independen
Independent Commissioner
Independency of Independent
Commissioner
Tw o o f t h e C o m p a n y s f i v e C o m m i s s i o n e r s a r e
Independent Commissioners, representing 40% of the
total members of Board of Commissioners, in accordance
w i t h t h e re q u i re m e n t s o f t h e l a w. I n d e p e n d e n t
Commissioners have no business association or affiliation
or family relationship with other members of Board of
Commissioners or Board of Directors. One of the two
Independent Commissioners has a financial education
background and competence to supervise the finances
of the Company.
147
148
Melihat buku-buku, surat-surat, serta dokumendokumen lainnya, memeriksa kas untuk keperluan
verifikasi dan lain-lain surat berharga dan memeriksa
kekayaan Perseroan.
Meminta penjelasan dari Direksi atau pejabat lain
mengenai segala persoalan yang menyangkut
pengelolaan Perseroan.
Mengetahui kebijakan dan tindakan yang telah dan
akan dijalankan Direksi serta meminta Direksi dan
pejabat lain di bawah Direksi dengan sepengetahuan
Direksi untuk menghadiri rapat Dewan Komisaris.
Memberhentikan sementara Anggota Direksi sesuai
dengan ketentuan Anggaran Dasar.
Melakukan tindakan pengurusan Perseroan dalam
B o a rd o f Co m m i s s i o n e r s m e e t i n g m u s t m a k e
decisions by deliberation to reach consensus. If no
consensus is reached, decisions are made by votes
in favor of more than one half () of total valid
votes cast at the meeting. Each member of Board
of Commissioners is entitled to cast one vote.
Jabatan Position
Dr. Supriyadi
Komisaris Utama
President Commissioner
Komisaris
Commissioner
Komisaris
Commissioner
Komisaris Independen
Independent Commissioner
Komisaris Independen
Independent Commissioner
Attendance in Board of
Commissioners Meetings in 2009
Jumlah
Kehadiran
%
Rapat
Attendance
No. of
Meeting
(a)
(b)
(b : a)
22
22
100
22
20
91
22
20
91
22
22
100
22
22
100
149
150
Produksi
Pemasaran
Pengelolaan Risiko
Production
Marketing
B o a r d
Risk Management
D e w a n K o m i s a r i s m e m a n d a n g b a hw a s a l a h
satu faktor penunjang terpenting keberhasilan
perusahaan dalam jangka panjang adalah kompetensi
SDM. Oleh karena itu, selain melakukan regenerasi
Direksi diminta mempersiapkan dan melaksanakan
program training secara komprehensif dan terpadu
untuk menjamin peningkatan kompetensi SDM.
Dewan Komisaris mendukung pelibatan konsultan
dalam pelaksanaan program tersebut.
Dewan Komisaris menyetujui usulan perbaikan
kesejahteraan Karyawan yang diajukan Direksi,
terutama dalam hal pembagian insentif, disertai
beberapa catatan, diantaranya mengaitkan insentif
tersebut dengan KPI Karyawan dan Direksi serta
penerapan tools Balance Scorecard.
Pengembangan Usaha
Human Resource
Business Development
151
152
PT BAP
PT IPC
Dewan Komisaris berpendapat, anak perusahaan
dibidang tambang ini harus segera didorong untuk
menunjukkan kinerjanya.
Untuk itu Direksi diminta melakukan langkahlangkah perbaikan yang dipandang perlu dengan
menegaskan pengurus IPC agar segera merintis
dan mengembangk an distribusi pemasaran
produknya.
Dalam hal pemasaran dilakukan bersama, maka
langkah yang dilakukan bukan berupa pemberian
garansi PTBA pada calon pelanggan, melainkan
regionalisasi pasokan pada pelanggan dalam rangka
efisiensi biaya angkutan, dengan standar operasi
dan mutu yang sama antara PTBA dan IPC.
Dewan Komisaris mendukung upaya pencarian
dana untuk memenuhi modal kerja IPC, namun
skema penjaminannya harus dari hasil kerja IPC,
tidak melibatkan PTBA sebagai full-guarantor.
PT BAP
Board of Commissioners was of the opinion that
this trading subsidiary company had growth
potentials. Therefore Board of Directors was
expected to make the necessary improvements
to upgrade work system, governance and the
competence of PT BAPs human resource.
Board of Commissioners recommended several
people for management positions in an effort to
reorganize the company.
PT IPC
Board of Commissioners believed that this mining
subsidiary company should be encouraged to
perform.
For that purpose, Board of Directors was requested
to take corrective actions and demand that the
management of IPC immediately start and develop
its marketing network and activities.
If marketing is done jointly, the course of action
is not to issue PTBA guarantee to prospective
customers, but to regionalize the supply for
transport cost efficiency, with the same operating
standard and quality between PTBA and IPC.
Board of Commissioners supported the fund
raising effort to meet working capital requirement
of IPC, but the guarantee should come from IPC
operations, not involving PTBA as full-guarantor.
Tata Kelola
Governance
B o a rd o f Co m m i s s i o n e r s e s t a b l i s h e s a fe w
measurements to be applied in determining
Key Performance Indicator of Board of Directors.
Quantitative parameter is fixed by taking into
account input from Accounting Department,
resulting in nine indicator parameters. While
qualitative parameter is formulated and set with
the involvement of Board of Directors.
To reduce the effect of windfall profit, Board
of Commissioners determines one of the main
parameters of Board of Directors KPI at total cost
per volume ton sales and employee performance
per ton production.
B o a r d o f C o m m i s s i o n e r s s u p p o r t e d t h e
153
154
Lain-lain
Dewan Komisaris juga melakukan revisi atas hal-hal
yang perlu disampaikan pada penyusunan Laporan
Tahunan, terutama pada bagian Laporan Dewan
Komisaris.
Selain itu Dewan Komisaris terlibat aktif dalam
merumuskan agenda, mempersiapkan dan
mensukseskan pelaksanaan RUPS 2009 yang
diselenggarakan pada 28 Mei 2009.
Others
Board of Commissioners also revised the content
of Annual Repor t, par ticularly the Board of
Commissioners Report.
Board of Commissioners was actively involved
in compiling agenda, preparing and organizing
2009 GMS that was held on 28 May 2009.
Jabatan Position
Jumlah
Rapat
No. of Meeting
Kehadiran
Attendance
(a)
(b)
(b : a)
Dr. Supriyadi
Komisaris Utama
President Commissioner
18
18
100
Komisaris
Commissioner
18
16
89
Komisaris
Commissioner
18
17
94
Komisaris Independen
Independent Commissioner
18
18
100
Komisaris Independen
Independent Commissioner
18
17
94
Ir. Sukrisno
Presiden Direktur
President Director
18
17
94
Direktur Director
18
15
83
Direktur Director
18
16
89
Direktur Director
18
18
100
Direktur Director
18
18
100
Direktur Director
18
16
89
Management
Adopting product blending strategy that is
integrated with marketing activity to manage
excess supply of coal.
Accelerating the construction of Tanjung Enim
TPP 3 x 10 MW.
Processing the extension of mining licence to
replace Mining Concession over Air Laya Mine.
Fixing floating price according to market price
in sales contracts.
Governance
Approving the formula and amount of Board of
Directors salaries and Commissioners fees to be
proposed at GMS.
Giving Commissioners approval for the employee
incentives as proposed by Board of Directors.
Agreeing upon GMS agenda and date.
Agreeing upon the parameter of Key Performance
Indicator in accordance with State Ministerial
Decree No.2 of 2009. The paramater includes
the amount of total cost per ton sales as a
quantitative parameter used to determine Board
of Directors KPI.
155
156
Direksi
Direksi sebagai Organ Perseroan bertugas dan bertanggung
jawab secara kolegial dalam mengelola Perseroan agar
seluruh sumber daya berfungsi secara maksimal sehingga
mampu meningkatkan profitabilitas operasional dan
memberikan hasil akhir berupa peningkatan nilai Perseroan
secara berkesinambungan. Masing-masing anggota Direksi
melaksanakan tugas dan mengambil keputusan sesuai dengan
pembagian tugas dan wewenangnya, namun pelaksanaan
tugas oleh masing-masing anggota Direksi tetap merupakan
tanggung jawab bersama.
Sesuai dengan azas egalitarian, masing-masing anggota Direksi
termasuk Direktur Utama memiliki kedudukan setara. Tugas
Direktur Utama adalah mengkordinasikan kegiatan seluruh
kegiatan anggota Direksi. Anggota Direksi dipilih dan
diangkat melalui RUPS, untuk masa jabatan 5 tahun. Untuk
Board of Directors
Board of Directors as an Organ of the Company is
collectively in charge of and responsible for managing
the Company to maximize profitability and corporate
value. Each member of the Board of Directors performs
and decides according to his or her assigned duty and
authority under collective responsibility.
I n a c c o r d a n c e w i t h e g a l i t a r i a n p r i n c i p l e s, e a c h
member of Board of Directors including President
Director is equal in position. The duty of President
Direc tor is coordinating all members of Board of
Directors in the performance of their duty. Members
are elected and appointed by GMS for a term of five
years. To ensure they have the approriate integrity
a n d q u a l i f i c at i o n fo r t h e i r re s p e c t i ve f i e l d s, a l l
Finance Director
Operations/Production Director
Direktur Pengembangan
Direktur Niaga
Commerce Director
President Director
Direktur Operasi/Produksi
Ir. Sukrisno
157
158
Direktur Utama
Bertugas untuk mengkordinir anggota Direksi lainnya,
agar seluruh kegiatan berjalan sesuai visi, misi, sasaran
usaha, strategi, kebijakan dan program kerja yang
ditetapkan.
Bertanggung jawab untuk menyelaraskan seluruh
inisiatif internal Perseroan dan memastikan terjadinya
peningk atan kemampuan bersaing Perseroan,
mengkordinasikan tugas operasional di bidang audit
internal, komunikasi, memastikan kepatuhan terhadap
hukum dan regulasi serta mengkordinir manajemen
risiko dan pengembangan perusahaan.
President Director
Coordinating all other members of Board of Directors,
in order that all ac tivities are in line with the
Companys vision, mission, business target, strategy,
policy and work program.
Aligning all internal initiatives of the Company and
ascertaining the Companys improved competitiveness,
coordinating all functions of internal audit,
communication, ensuring compliance with the laws
and regulations and coordinating risk management
and business development.
Direktur Keuangan
Direktur Operasi/Produksi
B er tanggung jawab untuk mengkordinasik an,
mengendalikan dan mengevaluasi pelaksanaan
tugas operasional bidang penambangan batubara,
bidang tek nik , keselamatan kerja, lingkungan
serta mengembangkan program efisiensi
proses penambangan maupun produksi secara
berkelanjutan.
Melakukan pembinaan terhadap Satuan Kerja Analisis
Evaluasi Optimasi Produksi serta Penanganan dan
Angkutan Batubara.
Finance Director
Coordinating, controlling and evaluating the work
of the Finance, Budget and Accounting Divisions, at
the same time securing funds required for business
development.
Promoting corporate value through fund management
and risk management.
Providing guidance to Accounting, Budget, Treasury,
Funding and Information Technology Work Units.
Operations/Production Director
Coordinating, controlling and evaluating the work of
Coal Mining, Engineering, Work Safety, Environment
Units, and developing mining and produc tion
efficiency program.
Providing guidance to Production Optimization
Evaluation Analysis Work Unit and Coal Handling and
Transporting Work Unit.
Developing operating units which are Tanjung Enim
Mining Unit, Tarahan Port Unit, Kertapati Pier Unit
and Ombilin Mining Unit.
Direktur Niaga
u s a h a Pe r s e r o a n s e c a r a b e r k e l a n j u t a n s e r t a
meningkatnya daya saing produk dalam jangka
panjang.
Bertanggung jawab atas bidang penjualan, distribusi
dan transportasi serta pengembangan pemasaran,
per tumbuhan pendapatan yang berkelanjutan,
efisiensi pengelolaan persediaan batubara dan
angkutan, serta transaksi pembelian barang yang
optimal bagi perusahaan.
Bertanggung jawab atas pengembangan dan perluasan
pemasaran produk Perseroan termasuk melakukan
upaya profitisasi unit-unit bisnis.
Melakukan pembinaan terhadap Satuan - tuan Kerja
Pemasaran Batubara dan Logistik.
Melakukan pembinaan terhadap Unit Pengusahaan
Briket.
Commerce Director
Responsible for the sustainable growth and
development of the Companys business and improved
product long term competitiveness.
Responsible for Sales, Distribution and Transportation
Units, and marketing development, income
growth, efficiency of coal supply management and
transportation, as well as optimum purchase of
goods.
159
160
Rapat Direksi
Rapat Direksi diselenggarakan dengan ketentuan sebagai
berikut:
Rapat Direksi diadakan secara berkala sekurangkurangnya sebulan sekali atau setiap waktu bila
diperlukan.
Rapat Direksi sah dan berhak mengambil keputusan
yang mengikat hanya jika dihadiri sekurang-kurangnya
(setengah) dari jumlah Anggota Direksi atau diwakili
secara sah dalam rapat tersebut.
Keputusan rapat Direksi harus diambil berdasarkan
musyawarah dan mufakat. Apabila hal ini tidak
tercapai, maka keputusan diambil berdasarkan suara
setuju lebih dari (setengah) dari jumlah suara yang
sah yang dikeluarkan dalam rapat. Setiap Anggota
Direksi berhak mengeluarkan 1 (satu) suara.
Salinan dari risalah rapat Direksi disampaikan kepada
Dewan Komisaris selambat-lambatnya pada hari kerja
berikutnya setelah Rapat Direksi diselenggarakan.
Pemasaran
161
162
Ir. Sukrisno
Jabatan
Title
Direktur Utama
President Director
Jumlah
Rapat
Number of
Meeting
Kehadiran
Attendance
(a)
(b)
(b:a)
21
21
100
Direktur Director
21
21
100
Direktur Director
21
18
86
Direktur Director
21
19
90
Direktur Director
21
19
90
Direktur Director
21
20
95
Pelatihan Direksi
U n t u k m e n i n g k a t k a n k o m p e t e n s i D i re k s i d a l a m
menjalankan tugasnya, Direksi Perseroan secara rutin
mengikuti berbagai pelatihan dan seminar baik didalam
maupun diluar negeri. Beberapa pelatihan yang diikuti
oleh Direksi pada tahun 2009, antara lain adalah:
Tanggal Date
28 Januari 2009
28 January 2009
3 Pebruari 2009
3 February 2009
9-11 Pebruari 2009
9-11 February 2009
20 Pebruari 2009
20 February 2009
19 Maret 2009
24 March 2009
24 Maret 2009
24 March 2009
31 Mei-3 Juni 2009
31 May-3 June 2009
2 Juli 2009
2 July 2009
25 Juli 2009
25 July 2009
29 Juli 2009
29 July 2009
Pelatihan/Seminar Training
Diskusi Kelompok Peserta Survei Studi Banding
Pelaksanaan Tata Kelola Perusahaan atas
Pelaporan Keuangan (IDX, Jakarta)
Discussion of Participants in Survey/Comparative
Study of Corp Governance Practice in Financial
Reporting (IDX, Jakarta)
Workshop on Indonesia New Mining Law
Tempat
Venue
Jakarta
Peserta Participant
Jakarta
Direktur Keuangan
Finance Director
Direktur Keuangan
Finance Director
Seluruh Direksi
All Directors
Direktur Keuangan
Finance Director
Hong Kong
Jakarta
Jakarta
Jakarta
Direktur Keuangan
Finance Director
Jakarta
Direktur Keuangan
Finance Director
Bali
Direktur Keuangan,
Direktur Operasi/
Produksi, Direktur
Niaga,
Finance Director,
Operations/
Production Director
Commerce Director
Direktur Keuangan
Finance Director
Palembang
Bali
Direktur
Pengembangan
Usaha
Business
Development
Director
Seluruh Direksi
Board of Directors
Direktur
Pengembangan
Usaha
Business
Development
Director
Direktur Keuangan
Finance Director
Direktur Keuangan
Finance Director
2 Agustus 2009
2 August 2009
16 Nopember 2009
18 November 2009
18 Nopember 2009
18 November 2009
19 Nopember 2009
19 November 2009
Jakarta
Jakarta
Bali
163
164
Remuneration of Board of
Commissioners and Board of
Directors
Remuneration for Board of Commissioners and
B o a rd o f D i re c to r s i s d e te r m i n e d i n G M S by t h e
recommendation of Remuneration Committee.
Remuneration should be commensurate with duty,
responsibility and performance.
Board of Commissioners and Board of Directors receive
regular and incidental remuneration consisting of
annual gross base salary (honorarium/fee for Board of
Commissioners), total cash, total earnings and total
remuneration and other facilities and allowances
whose amount is recommended by Nomination and
Remuneration Committee. Remuneration for Board
of Commissioners and Board of Directors may vary
depending on their respective duty and responsibility.
Total remuneration received by members of Board of
Commissioners is reported by the Company in GMS.
Breakdown of remuneration received by Board
o f Commissioners and Board of Directors in 2009 is
as follows:
Direktur
Utama
2008
Jumlah
Orang
Gaji (Rp)
Tunjangan
(Rp)
No. of person
Salary
Alowance
900.000.000
737.398.445
2009
Tantiem
(Rp)
552.500.000
Jumlah
(Rp)
Jumlah
Orang
Gaji (Rp)
Tunjangan
(Rp)
Total
No. of person
Salary
Alowance
1.204.440.000
2.189.898.445
547.221.444
Description
Tantiem
(Rp)
Jumlah
(Rp)
Total
1.672.719.270
President
3.424.380.714 Director
Direktur
4.050.000.000
3.427.081.333
2.486.250.000
9.963.331.333
5.419.800.000
2.916.977.146
7.527.236.714
15.864.013.860 Director
Jumlah
Direksi
4.950.000.000
4.164.479.778
3.038.750.000
12.153.229.778
6.624.240.000
3.464.198.590
9.199.955.984
Total
19.288.394.574 Director
Komisaris
Utama
450.000.000
449.960.006
276.250.000
1.176.210.006
600.000.000
379.451.740
836.359.635
President
1.815.811.375 Commissioner
Komisaris
5 **
1.590.000.000
1.323.337.067
1.105.000.000
4.018.337.067
1.920.000.000
1.236.368.154
2.955.137.377
6.111.505.531 Commissioner
Jumlah
Komisaris
6 **
2.040.000.000
1.773.297.073
1.381.250.000
5.194.547.073
2.520.000.000
1.615.819.894
3.791.497.012
Total
7.927.316.906 Commissioner
6.990.000.000
5.937.776.851
4.420.000.000
17.347.776.851
9.144.240.000
5.080.018.484
12.991.452.996
Total
Perseroan
Catatan:
* Tidak Termasuk Pajak Penghasilan Pasal 21.
** Periode 1 Januari 2008 - 29 Mei 2008 jumlah Komisaris 6 orang termasuk 1 orang
Komisaris utama.
Periode 29 Mei 2008 - 31 Desember 2008 jumlah Komisaris 5 orang termasuk 1 orang
Komisaris utama.
Total
27.215.711.480 Corporate
Note:
*Exclude Income Tax, Article 21.
**Period of 1 January 2008 - 29 May 2008: Overall Commissioners amounted to 6,
including the President Commissioner.
Period of 29 May - 31 December 2008: Overall Commissioners amounted to 5,
including the President Commisioner.
Komite Audit
Audit Committee
165
166
To h ave f u l l a n d f re e a cce s s to a ny re co rd o r
information pertaining to employees, funds, assets,
and other property, including making periodic site
visits as deemed appopriate;
To communicate and coordinate with corresponding
internal par ties in per forming its duty and
authority.
Nama
Name
Jabatan
Title
Jumlah Rapat
Number of
Meeting
Kehadiran
Attendance
(a)
(b)
(b : a)
Ketua Chairman
26
26
100
Anggota Member
26
26
100
Anggota Member
26
25
96
167
168
Results measuring the quality of the mining environment was far below the threshold
Committee members in accordance with the regulations and GCG principle
show evidence of the Companys commitment to environmental management.
and practice
Nama
Name
Jabatan
Title
Ketua Chairman
Anggota Member
Anggota Member
Wakil Ketua merangkap
Anggota
Vice Chairman Acting as Member
Anggota Member
Anggota Member
Jumlah
Rapat
Number of
Meeting
(a)
23
23
23
10
Kehadiran
Attendance
(b)
23
23
23
10
(b : a)
100
100
100
100
10
10
10
10
100
100
169
170
Jabatan
Title
Jumlah Rapat
No. of Meeting
(a)
Kehadiran
Attendance
(b)
%
(b : a)
Ketua
Chairman
100
Anggota
Member
100
Anggota
Member
100
Jabatan
Title
Jumlah Rapat
No. of Meeting
(a)
Kehadiran
Attendance
(b)
%
(b : a)
Ketua
Chairman
19
19
100
Anggota
Member
19
19
100
Anggota
Member
13
13
100
Anggota
Member
13
13
100
Komite KRU telah menelaah dan mengevaluasi laporanlaporan Perusahaan, baik berupa Laporan Kinerja
Perusahaan, Laporan Manajemen Perusahaan, Laporan
Pengembangan Usaha dan Laporan Pengembangan selama
tahun 2009, maupun laporan kunjungan lapangan.
171
172
Sekretaris Perusahaan
Corporate Secretary
173
174
Maret
March
April
April
Mei
May
Juni
June
Juli
July
Agustus
August
September
September
Oktober
October
Nopember
November
Desember
December
Kegiatan Activities
- Pernyataan ketetapan target penjualan batubara Perseroan
- Pelaksanaan Program Pembelian Kembali Saham Perseroan
- Disclosure of coal sales target
- Accomplishment of the Companys share buy back program
- Pernyataan tidak melakukan eksplorasi pada periode
Maret September 2009
- Statement of no exploration during March September 2009
- Pemberitahuan awal rencana RUPS tahunan Perseroan
- Information on preliminary plan of AGMS
- Panggilan RUPS tahunan Perseroan
- Notice of AGMS
- Hasil RUPS tahunan Perseroan
- Konfirmasi pemberitaan media Kontan mengenai konflik izin KP
milik PTBA di Lahat
- AGMS result
- Confirmation of Kontan media report regarding conflict in Mining
Concession of PTBA in Lahat
- Pemberitahuan pergantian pejabat Sekretaris Perusahaan
- Penyampaian Laporan Keuangan Interim yang tidak diaudit
- Information on replacement of Corporate Secretary
- Dissemination of unaudited Interim Financial Statements
- Konfirmasi berita Investor Daily mengenai potensi gas CBM
- Confirmation of Investor Daily article on CBM gas potentials
- Pernyataan tidak melakukan eksplorasi pada periode September
2009 March 2010
- Statement of no exploration during September2009 March 2010
- Konfirmasi pemberitaan media Investor tentang akuisisi
BHP Biliton
- Penyampaian Laporan Keuangan Interim yang tidak diaudit
- Rencana Penyelenggaraan Public Expose PTBA
- Confirmation of Investor media report on BHP Biliton acquisition
- Submission of unaudited Interim Financial Statements
- Plan for PTBA Public Expose
- Perubahan Jadwal Penyelenggaraan Public Expose PTBA
- Pembayaran Dividen Interim Tahun Buku 2009
- Penyampaian Materi Public Expose
- Change of schedule of PTBA Public Expose
- Payment of Interim Dividend for 2009
- Submission of Public Expose material
- Konfirmasi pemberitaan media Bisnis Indonesia tentang
Konsorsium PTBA dan ANTM siap akuisisi BHP Biliton dan Investor
Daily tentang Bukit Asam Rajawali beraliansi
- Laporan Hasil Public Expose
- Confirmation of Bisnis Indonesia report on PTBA and ANTM
Consortium readiness to acquire BHP Biliton and Investor Daily
report regarding Bukit Asam Rajawali alliance
- Report on Public Expose result.
BEI IDX
BEI IDX
BEI IDX
BEI IDX
BEI IDX
BEI IDX
BEI IDX
BEI IDX
BEI IDX
BEI IDX
175
176
Penerbitan
Bulan Month
Maret
March
April
April
Juni
June
Juli
July
Agustus
August
Oktober
October
Desember
December
Topik/Subjek Topic/Subject
Press Release
Media
Surat Kabar,
Website Perseroan
Newspaper, the
Companys Website
Surat Kabar,
Website Perseroan
Newspaper, the
Companys Website
Surat Kabar,
Website Perseroan.
Newspaper, the
Companys Website
Surat Kabar,
Website Perseroan
Newspaper, the
Companys Website
Surat kabar
Newspaper
Surat Kabar,
Website Perseroan
Newspaper, the
Companys Website
Surat Kabar
Newspaper
Auditor Internal
Auditor Internal bertindak sebagai Satuan Pengawasan Internal,
dengan gambaran tugas sebagaimana tersebut pada butir c dan
e tersebut diatas.
Visi dari SPI adalah: Menjadi strategic business partner yang
profesional, tanggap dan terpercaya bagi Direktur Utama dan
Jajaran Manajemen. Adapun misi nya adalah: Melaksanakan
audit internal yang berbasis risiko (risk based internal audit);
Internal Auditor
Internal Auditor acts as Internal Audit Unit whose duty is
described in point c and e above.
The vision of Internal Audit Unit is: Becoming a professional,
responsive and trustworthy strategic business partner to the
President Director and Management. Whereas its mission is
to ,perform risk-based internal audit; improve competence
to become professional internal auditor as an added value
to the Company in terms of quality and quantity; assist in
making an objective and independent evaluation and make
accurate, reliable, timely, consistent and useful reports to
President Director. act as a professional catalyst, consultant
and facilitator.
177
178
Eksternal Auditor
Eksternal Auditor yang memeriksa laporan keuangan Perseroan
tahun buku 2009 ditetapkan melalui RUPST berdasarkan
rekomendasi dari Komisaris dan Komite Audit. Untuk menjamin
independensi dan kualitas hasil pemeriksaan Eksternal Auditor
yang ditunjuk tidak boleh memiliki benturan kepentingan dengan
setiap level Organ Perseroan.
Untuk menjaga profesionalitas Perseroan melakukan pemilihan
Eksternal Auditor setiap tahun, dengan ketentuan satu KAP hanya
boleh melakukan audit secara berurutan maksimal 3 tahun.
Eksternal Auditor yang ditunjuk bertanggung jawab untuk
menyampaikan opininya atas ketaatan laporan keuangan yang
diaudit terhadap standar laporan keuangan yang berlaku.
RUPST 12 Mei 2009 memutuskan menunjuk Kantor
Akuntan Publik Haryanto Sahari & Rekan, member Firm dari
PricewaterhouseCoopers, untuk memeriksa dan menyatakan
opininya atas laporan keuangan Perseroan yang berakhir pada
tanggal 31 Desember 2009.
External Auditor
The External Auditor who audited the Companys 2009 financial
statements was appointed by AGMS by recommendation of
Board of Commissioners and Audit Committee. To guarantee
the independency and quality of audit, the appointed External
Auditor must have no conflicting interest with each level of
the Companys organ.
To keep its professionalism, the Company selects External
Auditor every year, on condition that one Public Accountant
Office conduct audit not more than three years in a row.
The appointed External Auditor must give its opinion on
the compliance of audited financial statements with the
accounting standards generally applied.
AGMS on 12 May 2009 resolved to appoint the Office of Public
Accountant Haryanto Sahari & Partners, member Firm of
PricewaterhouseCoopers, to audit and give its opinion on the
Companys financial statements as at 31 December 2009.
With the power conferred by AGMS, the Board of
Commissioners fixed an audit fee of Rp1.07 billion plus
out of pocket expenses for the External Auditor to audit
consolidated financial statements of the Company for the year
179
180
Code of Conduct
Code of Conduct
The Company believes that implementing GCG best
practices to the utmost is not possible without the good
morals and ethics of every individual in the organization.
This was proven by the global financial crisis in 2008
that was triggered by moral hazard within global scale
financial companies in the USA.
Therefore, in 2009 the Company reviewed and rewrote
the existing Code of Conduct Manual, readjusting the
provisions with GCG Guidelines and the most current
common practices. In December 2009, the rewritten
Code of Conduct Manual was enacted and enforced.
181
182
Budaya Perusahaan
Perseroan memiliki sistem nilai yang dianut dan dijalankan
guna membangun budaya perusahaan. Filosofi dasar
dalam membangun sistem nilai tersebut adalah sikap kerja
PTPRS, yaitu Percaya, Terbuka, Positif, Rasional dan Sadar
Biaya & Lingkungan. Nilai-nilai tersebut dijabarkan dalam
budaya kerja SiPrima Sinergi, Profesional, Beriman.
Corporate Culture
The Company has a value system that is adopted and
implemented to build corporate culture. The basic
philosophy in building the value system is work ethos of
Trusting, Open, Positive, Rational and Conscious of Cost
& Environment (TOPRC). These values are elaborated in
work culture of Synergy, Professionalism and Faith.
TOPRC can be elaborated as follows:
Trusting
Trusting one another either between management
and employees or among colleagues so as to foster
sense of togetherness and sense of belonging.
Open
All personnel are colleagues who should be
understanding and open to one another in order
to work synergically, through three principal deeds:
actively taking and giving truthful and accountable
information, reminding one another and acting
gentlemanly.
Positive
Always think and act positive in judging things to
reach optimum result. By thinking positive, everybody
in the Company will be wiser and able to solve
problems with a clearer mind and remain enthusistic
in every situation to act for the Companys benefit.
Rational
Able to distinguish between fact and assumption
in handling things. This means every plan, action
and management are based on objective and
unprejudiced way of thinking.
Percaya
Sikap saling mempercayai satu sama lain baik antara
pimpinan dengan bawahan dan juga dengan sesama
rekan kerja, agar tercipta rasa kebersamaan dan
memiliki di antara seluruh Pegawai.
Terbuka
Sikap yang menganggap Pegawai sebagai rekan kerja
untuk saling terbuka, saling memahami agar mampu
bersinergi yang diwujudkan dalam 3 (tiga) tindakan
pokok yaitu aktif memberikan dan menerima informasi
yang benar dan bertanggung jawab, bersikap saling
mengingatkan, dan bersikap satria.
Positif
Sikap selalu berpikir dan bertindak positif dalam
melihat sesuatu hal untuk meraih hasil yang lebih
optimal. Dengan berpikir positif, insan Perseroan
akan lebih bijaksana karena dapat menyelesaikan
masalah dengan pandangan yang lebih jernih serta
tetap memiliki semangat untuk selalu memperbaiki
apapun demi kepentingan perusahaan.
Rasional
Mampu memilah antara kenyataan dan perkiraan dalam
membawa persoalan pada tempatnya. Ini berarti setiap
rencana, tindakan dan pengendalian berlandaskan pada
pola pikir yang objektif dan adil.
183
184
Work Smart
Employees work with professionalism and constantly
improve work to reach operational excellence.
Bekerja Keras
Pegawai senantiasa bekerja dengan penuh semangat
dan membina kerjasama yang baik sehingga terciptanya
sinergi dalam bekerja.
Bekerja Cerdas
Pegawai bekerja secara profesional dan secara terus
menerus melakukan perbaikan untuk mencapai
operational excellence.
Bekerja Ikhlas
Pegawai menyadari bahwa bekerja bukanlah tujuan
melainkan hanya sarana untuk beribadah kepada Allah
SWT. Oleh karena itu dalam bekerja harus selalu ikhlas dan
dilandasi iman yang kuat. Hal tersebut akan mencegah
terjadinya praktek-praktek kecurangan dalam bekerja.
Work Hard
Employees always work enthusiastically and foster good
teamwork spirit to create synergy.
Work Willingly
Employees realize that working is not a purpose but a
means to worship God. Therefore, employees should
work willingly and guided by a strong faith. This will
prevent fraudulent practices from occurring at work.
Implementation of Transparency
Principle
The Company ensures clear, adequate, accurate,
comparable, and timely disclosure of material and relevant
information regarding performance, financial condition
and other particulars of the Company accessible to
stakeholders. This transparency principle does not
prejudice the Company s obligation to protect the
confidentiality of information pertaining the Company,
customers and work partners as stipulated by the law.
The Company gives mandate to Corporate Secretary and
his/her staff to uphold this transparency principle.
Example: Publicizing Quar terly and Audited Annual
Financial Report & Performane Report, disclosing material
business expansion plan.
Akuntabilitas Individu
Akuntabilitas yang melekat kepada hubungan antara
pimpinan dengan bawahan dan berlaku kepada kedua
belah pihak.
Contoh: Pelaksanaan Penilaian Prestasi Kerja Pegawai
yang dilaksanakan setiap semester.
Akuntabilitas Kelompok
Akuntabilitas yang melekat kepada kelompok yang
harus ditanggung bersama atas kondisi dan kinerja
yang tercapai.
Contoh: Pelaksanaan Sistem Manajemen Kinerja Balance
Scorecard di Perseroan, terdapat pengukuran kinerja (KPI)
satuan kerja yang dilakukan pengukuran per triwulan
dan tahunan.
Implementation of Accountability
Principle
The Company ensures the clarity of every level function,
per formance and accountability to allow effective
management of the Company. Accountability refers to
the obligation of an individual or a work unit which is
related to the exercise of authority and/or performance
of duty mandated by the Company. The Company
introduced three levels of accountability, which were:
Individual Accountability
This accountability is associated with the
reciprocal relationship between management and
subordinates.
Example: Employee performance appraisal made every
semester.
Group Accountability
This is a collective accountability that is attached to
a group for its performance and achievement.
Example: Implementation of Balance S corecard
Performance Management System in the Company,
and work unit performance measurement with Key
Performance Indicator, done quarterly and annually.
Corporate Accountability
Accountability that is inherent in the Company as a
whole in conducting its business activities according
to the Articles of Association.
Example: Implementation of Balance S corecard
Performance Management System in the Company,
and corporate performance measurement with Key
Performance Indicator, done quarterly and annually.
185
186
Akuntabilitas Korporat
Akuntabilitas yang melekat kepada Perseroan secara
menyeluruh dalam menjalankan aktifitas bisnisnya
sesuai Anggaran Dasar Perseroan.
Contoh: Pelaksanaan Sistem Manajemen Kinerja
Balance Scorecard di Perseroan, pengukuran kinerja
(KPI) untuk kinerja Korporat yang dilakukan per
triwulan dan tahunan.
Implementation of Responsibility
Principle
Responsibility principle is applied through consistent
compliance with laws and regulations, good management
o f p o s t - m i n i n g a re a , p e r fo r m a n c e o f re c i p ro c a l
obligation with business partners, as well as devising
a n d c a r r y i n g o u t co r p o rate s o c i a l re s p o n s i b i lit y
program. Responsibility towards employees as the
Companys major stratetic partners is carried out through
guiding, developing and providing performance-based
remuneration package.
187
188
Lain-Lain
Others
T h e
Langkah lain yang akan ditempuh adalah mengaktifkan Another step to take is to activate Violation Reporting
189
190
Tanggung
Jawab
Sosial
Perusahaan
Corporate Social
Responsibility
191
192
193
194
To c o n t i n u e e m p o w e r i n g c o m m u n i t y e c o n o m i c
potentials the Company focused on strengthening
partners self-sufficiency and promoting the sales of
partners products in nine provinces.
Program Kemitraan
Melanjutkan komitmen pemberdayaan potensi ekonomi
masyarakat, Perseroan terus berupaya meningkatkan
kemandirian mitra binaan sekaligus membantu
memperluas penjualan produk mitra binaan di
sembilan propinsi.
Aktifitas Program Kemitraan tahun 2009 mencakup:
Partnership Program
195
196
Uraian
A. Dana Tersedia
Saldo Dana Awal Tahun
Alokasi Dana dari Bagian
Laba Tahun Lalu
Penerimaan Angsuran Pokok
Pinjaman
Pendapatan
Penerimaan Jasa Administrasi
Penerimaan Bunga Deposito
Biaya Administrasi Bank & PPh
Jumlah A
B. Penggunaan Dana
1. Pinjaman dan Pembinaan
Dana Pinjaman
Sektor Industri
Sektor Perdagangan
Sektor Pertanian
Sektor Peternakan
Sektor Perkebunan
Sektor Perikanan
Sektor Jasa
Sektor Lainnya
Jumlah dana pinjaman
2. Dana Pembinaan Industri
Sektor Industri
Sektor Perdagangan
Sektor Pertanian
Sektor Peternakan
Sektor Perkebunan
Sektor Perikanan
Sektor Jasa
Sektor Lainnya
Jumlah dana pembinaan
Jumlah B
C. Beban Operasional
a. Biaya Opersional
Biaya Survey Lapangan
Biaya Monitoring dan Penagihan
Biaya Administrasi dan lain-lain
Sub Jumlah
B. Pembelian Peralatan Kantor
Jumlah 2
Jumlah B (1+2)
D. Saldo Akhir Dana (A-B)
E. Efektivitas Penyaluran
Realisasi
2009 (Rp)
Disbursed
2009 (Rp)
(a)
Realisasi
2008 (Rp)
Disbursed
2008 (Rp)
(b)
Description
(a : b)
1.200,33
17.000,00
717,32
-
167
-
8.500,89
8.156,44
104
1.287,41
249.01
(52,61)
28.185,03
1.271,35
58,19
(11,64)
10.191,66
101
428
452
277
1.792,50
8.745,50
25,00
145,00
165,00
227,50
2.417,50
1.390,00
14.908,00
560,00
4.720,00
60,00
27,50
57,50
1.327,50
580,00
7.332,50
320
242
600
396
182
240
203
754,04
257,49
7,50
10,46
24,50
27,82
131,64
40,80
1.254,25
16.162,25
561,32
132,18
17,20
17,20
18,58
17,20
72,26
835,94
8.168,44
134
195
44
61
132
162
182
150
198
373,76
510,55
187,25
1.071,56
76,10
1.147,66
17.309,91
10.875,12
58%
238,93
428,95
260,17
928,05
21,50
949,55
9.117,99
1.073,67
80%
156
119
72
115
354
121
190
1.013
A. Funds Allocated
Balance of funds beginning year
Allocated funds from
preceding year profit
Receipt of principal
installment
Revenue
Administrative fee
Interest on deposit
Bank administrative charge & income tax
Total A
B. Application of funds
1. Borrowing and Development
Borrowing
Industry/manufacturing
Trading
Agriculture
Cattle breeding
Plantation
Fishery
Services
Other sectors
Total Borrowing
2. Development Fund
Industry/manufacturing
Trading
Agriculture
Cattle breeding
Plantation
Fishery
Services
Other sectors
Total development fund
Total B
C. Operating Expenses
a. Operating expenses
Field survey
Monitoring & collection
Administrative and other charges
Sub Total
B. Office equipment
Total 2
Total B (1 + 2)
D. Ending Balance of Funds (A- B)
E. Effectiveness of Distribution
197
198
Bidang Bantuan
Bantuan bencana alam
Pendidikan masyarakat sekitar
Peningkatan kesehatan masyarakat
Pengembangan sarana dan prasarana
Bantuan sarana ibadah
Pelestarian alam
Biaya operasional
Olahraga dan seni
Jumlah
2009
(a)
675,76
1.099,65
935,38
7.847,65
1.146,98
223,39
26,62
294,56
12.249,99
2008
(b)
62,77
1.024,10
640,91
2.505,94
1.048,10
51,38
123,43
5.456,93
%
(a : b)
1.077
107
146
313
109
435
22
224
Purpose of Donations
Natural disaster relief
Education of neighboring community
Community health improvement
Facilities and amenities development
Religious facilities assistance
Natural conservation
Operating costs
Sport and art
Total
199
200
201
202
Pelestarian Alam
Selama tahun 2009, Perseroan telah menjalank an
berbagai program yang berkaitan dengan pelestarian
alam, termasuk di antaranya:
Natural Conservation
In 2009, the Company was engaged in natural
conservation programs that include:
Bentuk Bantuan
Biaya operasional
SMA, TK
Sriwijaya FC
GOR Muara Enim
RS Lahat
SP3D
Lain-lain
Jumlah
2009
(a)
2008
(b)
%
(a : b)
3.931,00
1.500,00
10.000,00
3.500,00
16.136,22
3.321,06
38.388,28
4.885,00
900,00
5.000,00
15.125,03
2.722,38
28.632,41
80
167
200
108
122
134
Pengelolaan Pelestarian
Lingkungan
Type of Donation
Operating Costs of Sr. High School
& Kindergarten
Sriwijaya FC
Muara Enim Sports Center
Lahat Hospital
Local Government
Others
Total
Environmental Management
203
204
Komitmen terhadap
Kualitas Produk dan
Perlindungan Pelanggan
Perseroan sepenuhnya menyadari mak na penting
dan manfaat dari pemenuhan standar kualitas serta
perlindungan konsumen terhadap setiap produk
yang dihasilk an. Keduanya mempunyai pengaruh
yang signifik an bagi per tumbuhan k inerja usaha
yang berkelanjutan.
Commitment to Product
Quality and Consumer
Protection
The Company is fully aware of the importance and advantage
of meeting product quality standard and ensuring consumer
protection. Both aspects have a significant effect on the
continued growth of the Company.
For this reason the Company sets very stringent criteria
in production process and output as well as in quality
control. Repor t on realization of the Company s
commitment and full description of product quality and
consumer protection is given in Management Report,
Marketing page 94 of this Annual Report.
205
206
Hubungan Harmonis
dengan Masyarakat
berlandaskan Prinsip-Prinsip
Tata Kelola yang Baik
Dalam rangka perwujudan visi untuk memberikan nilai
optimal bagi para pemangku kepentingan Perseroan
termasuk masyarakat, maka Perseroan telah merumuskan
program Tanggung Jawab Jawab Sosial Perusahaan dalam
sebuah pola yang terpadu.
Melalui Program Kemitraan dan Bina Lingkungan (PKBL)
serta Program Bina Wilayah, Perseroan secara sistematis
telah melaksanakan serangkaian kegiatan dengan
melibatkan masyarakat, baik dalam tahap perencanaan
maupun pelaksanaan program-program yang terkait.
Sesuai dengan prinsip transparansi, Perseroan juga
membuka akses dan menjalin komunikasi timbal balik
dengan masyarakat dan pihak-pihak yang terkait.
Mekanisme hubungan tersebut dilaksanakan dengan
landasan prinsip-prinsip tata kelola yang baik, Laporan
selengkapnya mengenai hal tersebut dapat dibaca pada
bagian Laporan Tata Kelola Perusahaan pada halaman
134 Laporan Tahunan ini.
Laporan Berkelanjutan
Pe r s e r o a n m e n e r b i t k a n L a p o r a n B e r k e l a n j u t a n
(Sustainability Report) yang merupakan bagian tidak
terpisahkan dari Laporan Tahunan ini. Laporan yang
membuktikan komitmen pelaksanaan program tanggung
jawab sosial secara profesional, transparan dan terukur
tersebut merupakan pertanggungjawaban menyeluruh
bagi seluruh pemangku kepentingan Perseroan mengenai
pengelolaan dan realisasi program CSR.
Harmonious Relationship
with the Community
Based on Good Corporate
Governance Principles
Turning its vision into reality to maximize stakeholders
return, the Company has formulated an integrated
Corporate Social Responsibility program.
Through Partnership and Community Development
Program and Area Development Program, the Company
systematically conducted activity programs involving
the community either in planning or in executing such
programs. In accordance with principles of transparency
the Company makes itself accessible to and fosters
reciprocal communication with the community and
other relevant parties.
Such relationship is built on good corporate governance
principles. Full report on this subject is contained in
Good Corporate Governance report page 134 of this
Annual Report.
Sustainability Report
The Company issues Sustainability Report which serves
as an integral part of this Annual Report. The Report
provides all stakeholders with a full accountability
repor t of the Company s professional, transparent
and measured performance in meeting its corporate
social responsibility.
Board of Commissioners
Dewan
Komisaris
Board of
Commissioners
duduk:
seated:
Dr. Supriyadi
Komisaris
Commissioner
Komisaris Utama
President Commissioner
207
208
Dewan Komisaris
Profil
Dewan
Komisaris
Board of
Commssioners
Profile
Dr. Supriyadi
Komisaris Utama
President Commissioner
Board of Commissioners
209
210
Direksi
Direksi
Board of
Directors
Ir. Sukrisno
Direktur Operasi/Produksi
Operations/Production Director
Direktur Niaga
Commerce Director
Direktur Utama
President Director
Board of Directors
Profil
Direksi
Board of
Directors Profile
Ir. Sukrisno
Direktur Utama
President Director
D i re k t u r P T B a rc l ays Ca p i t a l S e c u r i t i e s
Utama (1996-2001).
(1996-2001).
(1996-2001).
211
212
Direksi
Pe r s e ro a n s e j a k 2 0 0 6 . M e ra i h g e l a r S - 1
Pe r u s a h a a n ( 2 0 0 3 - 2 0 0 6 ) , A n a l i s B i s n i s /
D i re c to r o f t h e Co m p a ny s i n ce 2 0 0 6 . A
Wo l l o n g o n g, Au s t ra l i a ( 1 9 9 5 ) . Pre v i o u s
Unit (1995-1996).
(1991-1993).
Board of Directors
Selatan (1990-1995).
(1980).
His
213
214
Sekretaris
Perusahaan
dan SPI
Corporate Secretary
and Internal Audit
Unit
Bambang Sutrisno
Senior Manajer Satuan
Pengawasan Intern
Head of Internal Auditor
M e n j a b a t s e b a g a i Co r p o ra t e S e c r e t a r y
Audit Commite
Komite
Audit
Audit
Committee
Azhar Zainuri, SE, MM
Anggota Komite Audit
Member of Audit Committee
d a n M a gi s te r M a n a j e m e n p a da I ns t i t u t
Pe n g e m b a n g a n M a n a j e m e n I n d o n e s i a
1996 - 2 0 0 0 , ya i t u P T G u t h r i e Pa s a m a n
Indonesia (since
concurrently
lecturer
at
Economics, University of
Department
215
216
Komite
Nominasi,
Remunerasi
dan GCG
Nomination,
Remuneration and
GCG Committee
Noeroso L. Wahyudi, MA
Anggota Komite Nominasi,
Remunerasi dan GCG
Member of Nomination,
Remuneration and GCG Committee
Ir. Antonaria, MA
Anggota Komite Nominasi,
Remunerasi dan GCG
Member of Nomination,
Remuneration and GCG Committee
217
218
Komite
Risiko Usaha,
Asuransi dan
Pascatambang
Business Risk, Insurance
and Post-Mining Committee
Pramuditho Karsowidjojo, SE
Anggota Komite Risiko Usaha,
Asuransi dan Pascatambang
Member of The Business Risk,
Insurance and Post-Mining
Committee
219
220
3.
4.
5.
6.
28
32 - 37
38 - 47
20 - 21
4-5
28
28
32 - 37
38 - 47
20 - 21
16 - 17
17 -19
16 - 17
17-19
23
15
208 - 209
23
15
208 - 209
21
22
28
29
210 - 213
80 - 85
29
29, 164
30
28
21
21
10 - 11
20 - 21
86 - 132
210 - 213
80 - 85
29
29, 164
30
29
21
21
10 - 11
20 - 21
86 - 132
No.
146 - 154
164
155
156 - 160
164
162
162 - 163
215
165 - 168
167
167 - 168
168 -172
173 - 177
177,
178 - 179
58 - 61
191 - 206,
67 - 78
h. Details
on
the
Corporate
Responsibility Program
189 - 190
i. Legal Proceeding
146 - 154
164
155
156 - 160
164
162
162 - 163
215
165 - 168
167
167 - 168
168 -172
173 - 177
177,
178 - 179
58 - 61
21
21
225
225
227
222
227
222
221
222
Pernyataan
Dewan
Komisaris
dan Direksi
Board of
Commissioners
and Directors
Statement
Dr. Supriyadi
Komisaris Utama
President Commissioner
Komisaris
Commissioner
Komisaris Independen
Independent Commissioner
Komisaris
Commissioner
Komisaris Independen
Independent Commissioner
Ir. Sukrisno
Direktur Utama
President Director
Direktur Keuangan
Finance Director
Direktur Operasi/Produksi
Operation/Production Director
Direktur Niaga
Commerce Director
Laporan
Keuangan
Financial
Statements
223
224
225
226
2009
ASET LANCAR
Kas dan setara kas
Piutang usaha (setelah dikurangi
penyisihan piutang tidak tertagih
sebesar Rp 48.138 pada tahun 2009
dan Rp 24.281 pada tahun 2008)
- Pihak ketiga
- Pihak yang mempunyai
hubungan istimewa
Persediaan, bersih
Aset lancar lainnya
Jumlah aset lancar
ASET TIDAK LANCAR
Investasi pada perusahaan asosiasi
Properti pertambangan
Aset tetap (setelah dikurangi
akumulasi penyusutan
sebesar Rp 1.054.498 pada
tahun 2009 dan Rp 1.001.281
pada tahun 2008)
Beban eksplorasi dan
pengembangan tangguhan, bersih
Aset pajak tangguhan, bersih
Aset tidak lancar lainnya
Catatan/
Notes
2008
4,709,104
2a,4
3,041,720
427,731
2d,5
308,064
CURRENT ASSETS
Cash and cash equivalents
Trade receivables (net of
provision for doubtful
accounts of Rp 48,138 in 2009
and Rp 24,281 in 2008)
Third parties -
1,068,560
420,040
111,133
4,949,517
125,972
199,063
1,063,729
409,901
172,926
2d,5,27
2e,7
6
6,783,391
122,620
199,063
2f,8
2l,3
371,523
2j,9
383,932
321,821
250,053
30,107
2h,10
2n,13d
254,504
171,828
21,576
1,295,187
1,156,875
JUMLAH ASET
8,078,578
6,106,392
TOTAL ASSETS
227
228
2009
KEWAJIBAN LANCAR
Hutang usaha
- Pihak ketiga
- Pihak yang mempunyai
hubungan istimewa
Biaya yang masih harus dibayar
Hutang pajak
Pinjaman bank jangka pendek
Bagian kewajiban jangka
panjang yang akan jatuh
tempo dalam waktu satu tahun
- Penyisihan reklamasi lingkungan
dan penutupan tambang
- Penyisihan imbalan kerja
Kewajiban lancar lainnya
Jumlah kewajiban lancar
KEWAJIBAN JANGKA PANJANG
Kewajiban jangka panjang setelah
dikurangi bagian yang akan jatuh
tempo dalam waktu satu tahun
- Penyisihan reklamasi lingkungan
dan penutupan tambang
- Penyisihan imbalan kerja
- Lainnya
Jumlah kewajiban jangka
panjang
JUMLAH KEWAJIBAN
HAK MINORITAS
EKUITAS
Modal saham
Modal dasar 1 lembar saham preferen
dan 7.999.999.999 lembar saham biasa
pada tahun 2009 dan 2008,
modal ditempatkan dan disetor penuh
1 lembar saham preferen dan
2.304.131.849 lembar saham biasa
pada tahun 2009 dan 2008,
dengan nilai nominal
Rp 500 per lembar saham
pada tahun 2009 dan 2008
Tambahan modal disetor, bersih
Saldo laba
- Telah ditentukan penggunaannya
- Belum ditentukan penggunaannya
53,982
Catatan/
Notes
2008
CURRENT LIABILITIES
Trade payables
Third parties -
11
62,767
4,115
789,369
431,230
13,500
11,27
12
2n,13b
16
6,423
644,152
562,661
-
23,209
57,025
8,478
2i,14
2o,15
24,930
30,474
21,583
1,352,990
1,380,908
LONG-TERM LIABILITIES
120,848
553,779
1,116
Long-term liabilities
- net of current portion
Provision for environmental reclamation and mine closure
Provision for employee benefits Others -
911,832
675,743
2,292,740
2,028,733
TOTAL LIABILITIES
79,527
MINORITY INTEREST
151,266
759,792
774
84,466
2i,14
2o,15
2b,17a
1,152,066
30,485
18
19
1,152,066
30,485
1,944,695
2,574,126
21
1,107,810
1,707,771
EQUITY
Share capital
Authorised 1 preferred share
and 7,999,999,999 ordinary shares
in 2009 and 2008,
issued and fully paid
1 preferred share and
2,304,131,849 ordinary shares
in 2009 and 2008,
with par value of
Rp 500 per share
in 2009 and 2008
Additional paid-in capital, net
Retained earnings
Appropriated Unappropriated -
Jumlah ekuitas
5,701,372
3,998,132
Total equity
JUMLAH KEWAJIBAN
DAN EKUITAS
8,078,578
6,106,392
TOTAL LIABILITIES
AND EQUITY
2009
Penjualan
Harga pokok penjualan
Laba kotor
Beban usaha
Umum dan administrasi
Penjualan dan pemasaran
Eksplorasi
Jumlah beban usaha
Laba usaha
Pendapatan/(beban) lain-lain
Pendapatan bunga
Pendapatan sewa
(Kerugian)/keuntungan selisih kurs, bersih
Penyisihan atas uang muka pihak ketiga
tidak terpulihkan
Penyisihan piutang tidak tertagih
Penerimaan kembali atas
uang muka pihak ketiga
tidak terpulihkan
Penerimaan kembali atas piutang
tidak tertagih
Lainnya, bersih
Pendapatan lain-lain, bersih
Bagian (rugi)/laba bersih dari
perusahaan asosiasi
Laba sebelum pajak penghasilan
Pajak penghasilan
Laba sebelum hak minoritas
Hak minoritas atas laba bersih
anak perusahaan
Laba bersih
Laba bersih per saham
2008
8,947,854
2m,22
7,216,228
Sales
(4,104,301)
2m,23
(3,686,136)
Cost of sales
4,843,553
2m
3,530,092
Gross profit
(504,705)
(515,145)
(16,300)
Operating expenses
General and administrative
Selling and marketing
Exploration
(1,295,238)
(1,036,150)
3,548,315
2,493,942
Operating income
202,178
11,873
(29,352)
107,590
24,878
2,797
(30,227)
(56,053)
(32,625)
(695,346)
(578,759)
(21,133)
2m,24
2m,24
2m,24
Other income/(expenses)
Interest income
Rent income
Foreign exchange (loss)/gain, net
Provision for non-recovery
of advances to third parties
Bad debt expenses
12,150
6,370
44,047
10,100
217, 039
56,687
1,043
2,551,672
(837,055)
1,714,617
(3,352)
3,762,002
(1,032,675)
2n,13c
2,729,327
(1,593)
17b
2,727,734
1,184
2r,28
(6,846)
1,707,771
Net income
741
229
230
Catatan/
Notes
Saldo
1 Januari 2008
Laba bersih
tahun berjalan
Tantiem
Penyisihan untuk
cadangan umum
Tambahan cadangan
Dividen kas
21
20
Saldo
31 Desember 2008
Laba bersih
tahun berjalan
Penyisihan untuk
cadangan umum
Dividen kas
Program kemitraan
Saldo
31 Desember 2009
21
20
CONSOLIDATED STATEMENTS OF
CHANGES IN EQUITY
FOR THE YEARS ENDED
31 DECEMBER 2009 AND 2008
(Expressed in millions of Rupiah)
Saldo laba
Tambahan
telah
modal
ditentukan
disetor/ penggunaannya/
Additional Appropriated
paid-in
retained
capital
earnings
Modal
saham/
Share
capital
1,152,066
30,485
346,107
1,764
-
(346,107)
(380,104)
1,152,066
30,485
1,107,810
1,707,771
2,727,734
836,885
-
(836,885)
(1,007,494)
(17,000)
1,152,066
30,485
1,944,695
2,574,126
766,739
Saldo laba
belum
ditentukan
penggunaannya/
Unappropriated
retained
Jumlah/
earnings
Total
(6,800)
726,211
1,707,771
-
2,675,501
Balance at
1 January 2008
Balance at
31 December 2008
Balance at
31 December 2009
2008
103,932
(416,761)
-
122,229
(217,849)
(6,800)
(4,613,445)
(1,252,373)
2,791
200,084
(17,000)
(4,352,593)
(472,779)
100,093
-
2,736,314
1,609,577
8,729,086
6,437,276
(57,591)
-
(86,372)
(163,934)
(9,787)
(137,906)
(41,000)
(67,378)
(429,212)
(1,007,494)
(380,104)
(1,007,494)
(380,104)
1,661,442
800,261
5,942
18,640
KENAIKAN BERSIH
KAS DAN SETARA KAS
DAMPAK SELISIH KURS TERHADAP
KAS DAN SETARA KAS
KAS DAN SETARA KAS
PADA AWAL TAHUN
3,041,720
4,709,104
3,041,720
231
232
1.
UMUM
a.
1.
GENERAL
a.
Perusahaan dan anak-anak Perusahaan (bersamasama disebut Grup) bergerak dalam bidang
industri tambang batubara, meliputi kegiatan
penyelidikan umum, eksplorasi, eksploitasi,
pengolahan, pemurnian, pengangkutan dan
perdagangan, pemeliharaan fasilitas dermaga
khusus batubara baik untuk keperluan sendiri
maupun pihak lain, pengoperasian pembangkit
listrik tenaga uap baik untuk keperluan sendiri
ataupun pihak lain dan memberikan jasa-jasa
konsultasi dan rekayasa dalam bidang yang ada
hubungannya dengan industri pertambangan
batubara beserta hasil olahannya.
UMUM (lanjutan)
a.
1.
GENERAL (continued)
a.
Komisaris Utama
Komisaris
Komisaris Independen
Direktur Utama
Direktur Keuangan
Direktur Operasi/Produksi
Direktur Pengembangan Usaha
Direktur Niaga
Direktur Umum dan SDM
Supriyadi
Umiyatun Hayati Tri Astuti
Thamrin Sihite
Suranto Soemarsono
Abdul Latief Baky
Sukrisno
Dono Boestami
Milawarma
Heri Supriyanto
Tiendas Mangeka
Mahbub Iskandar
Suranto Soemarsono
Azhar Zainuri
Ridho Kresna Wattimena
President Commissioner
Commissioners
Independent Commissioners
President Director
Finance Director
Operation/Production Director
Business Development Director
Commerce Director
General Affairs and HR Director
The composition of the Companys Audit Committee
as at 31 December 2009 and 2008 was as follows:
Chairman
Members
233
234
UMUM (lanjutan)
a.
GENERAL (continued)
1.
a.
Anak perusahaan/
Subsidiaries
Kegiatan usaha/
Business activity
Tempat
kedudukan/
Domicile
Tahun
beroperasi
secara
komersial/
Commencement
of commercial
operations
Persentase
kepemilikan/
Pe rcentage
of ownership
2009
%
2008
%
Jumlah aset
(sebelum eliminasi)/
Total assets
(before elimination)
2009
2008
PT Batubara Bukit
Kendi (BBK)
Penambangan batubara
/Coal mining
Tanjung Enim,
Sumatera Selatan/
South Sumatera
1997
75
75
118,867
140,045
PT Bukit Asam
Prima (BAP)
Perdagangan batubara
/Coal trading
Jakarta
2007
99.99
99.99
153,732
284,153
PT Bukit Asam
Metana Ombilin
(BAMO)
Penambangan gas
metana batubara/
Methane gas
coal mining
Jakarta
Belum beroperasi/
Not operating
99.99
99.99
500
500
PT Bukit Asam
Metana Enim
(BAME)
Penambangan gas
metana batubara/
Methane gas
coal mining
Jakarta
Belum beroperasi/
Not operating
99.99
99.99
500
500
PT Bukit Asam
Metana Peranap
(BAMP)
Penambangan gas
metana batubara/
Methane gas
coal mining
Jakarta
Belum beroperasi/
Not operating
99.99
99.99
500
500
PT International
Prima Coal*
(IPC)
Penambangan batubara
/Coal mining
Palaran,
Kalimantan Timur/
East Kalimantan
Dalam tahap
pengembangan/Under
development phase
51
51
179,360
1 32,306
PT Bukit Asam
Banko
(BAB)
Pertambangan,
perdagangan, dan
industri batubara/
Coal mining, trading,
and industry
Tanjung Enim,
Sumatera Selatan/
South Sumatera
Belum beroperasi /
Not operating
65
65
2,406
2,406
BBK
BBK
Akta
Notaris
BBK
didirikan
berdasarkan
Sutjipto, S.H., No. 119 tanggal 21 Oktober 1996,
yang kemudian diubah dengan Akta No. 135 tanggal
28 Januari 1997 oleh notaris yang sama. Akta
pendirian beserta perubahannya tersebut telah
disahkan oleh Menteri Kehakiman Republik
Indonesia dengan Surat Keputusan No. C21592.HT.01.01.TH.97 tanggal 7 Maret 1997 serta
diumumkan dalam Berita Negara Republik Indonesia
No. 4303 tanggal 23 September 1997.
UMUM (lanjutan)
a.
1.
GENERAL (continued)
a.
BBK (lanjutan)
BBK (continued)
Ruang
lingkup
kegiatan
BBK
terutama
mengusahakan pertambangan batubara yang
meliputi penyelidikan umum, eksplorasi, eksploitasi,
pengolahan,
pengangkutan,
dan
pemasaran
batubara, dan mengusahakan pengolahan produk
derivatif dari batubara produksi sendiri atau batubara
dari pihak lain.
BAP
BAP
235
236
UMUM (lanjutan)
a.
b.
1.
GENERAL (continued)
a.
IPC
IPC
b.
KP Eksplorasi/ Exploration
Palaran, Samarinda
Kalimantan Timur/East
Kalimantan
Pemilik Kuasa
Pertambangan /
Mining Permit
owner
(KP)
IPC
Tanggal berlaku/
Effective date of KP
Tangg al selesai/
Expiry date of KP
Persentase
kepemilikan/
Percentage of
ownership
5 Januari/
January
2006
12 April 2008
51%
34,686
UMUM (lanjutan)
b.
1.
GENERAL (continued)
b.
KP Eksploitasi/ Exploitation
- Airlaya, Tanjung Enim Sumatera Selatan/South
Sumatera
KP Eksploitasi/Exploitation
MTBU/MTBS, Tanjung
Enim Sumatera
Selatan/South Sumatera
KP Eksploitasi/Exploitation
Banko Barat, Tanjung
Enim Sumatera
Selatan/South Sumatera
KP Eksploitasi/Explo itation
Bukit Kendi, Tanjung
Enim Sumatera
Selatan/South Sumatera
KP Eksploitasi/Exploitation
Banko Tengah, Suban
Jeriji, Tanjung Enim
Sumatera Selatan/South
Sumatera
KP Eksploitasi/Exploitation
Sawah Lunto Sumatera
Barat/West Sumatera
KP Eksploitasi/Exploitation
Peranap Riau
KP Eksploitasi/Exploitation
Palaran, Samarinda
Kalimantan Timur/East
Kalimantan
Tanggal
perolehan izin /
Acquisition date
of min ing permit
Tanggal jatuh
tempo/
Expiration
date
Persentase
kepemilikan/
Percentage of
ownership
Perusahaan
KW.00PP083/
SUMSEL
1 Januari/January
2001
31 Desember/
December
2010
Perusahaan
KW.1426
SUMSEL
27
Agustus/August
1989
Perusahaan DU
1422 SUMSEL
100%
Jumlah cadangan
terbukti (P1)/
Total proven
reserves (P1)
(Juta ton/million
tonne) tidak
diaudit/unaudited
120.2
Jumlah produksi
tahun berjalan/
Total current year
production
(Juta ton/million
tonne) tidak
diaudit/unaudited
5.2
Sisa cadangan
terbukti/
Remaining
proven reserves
(Juta ton/million
tonne) tidak
diaudit/unaudited
115
27 Agustus/
August 2019
100%
164.8
2 .5
162.3
23
Oktober/October
1995
23 Oktober/
October 2025
100%
187.5
2.8
184.7
BBK KW
97PP0146
26
Oktober/October
1995
26 Oktober/
October 2025
75%
10.6
0.7
9.9
Perusahaan
KW ME 01 ET
002 A&B
22 April 2008
7 September/
September
2035
100%
887.6
887.6
Perusahaan DU
23 & DU
143/SUMBAR
3 Juni/June 2005
dan/and 16
Pebruari/
February 2007
100%
23.1
23.1
Perusahaan
KW 96PP0289
Riau
IPC KW
01.Bb020/021/02
2.06
10 Juni/ June
2005
3 Juni/June
2010 dan/and
16 Pebruari/
February
2019
9 Juni/June
2035
100%
367.1
367.1
2 2 Nopember/
November
201 6
51%
10.5
0.04
10.46
22 Nopember/
November 2006
237
238
2.
a.
a.
b.
Dasar
penyusunan
konsolidasian
laporan
keuangan
Laporan
keuangan
konsolidasian
disusun
berdasarkan konsep akrual, kecuali untuk laporan
arus kas konsolidasian.
Laporan
arus
kas
konsolidasian
disusun
menggunakan metode langsung dan arus kas
dikelompokkan atas dasar aktivitas operasi, investasi
dan pendanaan. Untuk tujuan laporan arus kas
konsolidasian, kas dan setara kas mencakup kas,
bank dan investasi jangka pendek yang jatuh tempo
dalam waktu tiga bulan atau kurang, setelah
dikurangi cerukan.
Seluruh
angka
dalam
laporan
keuangan
konsolidasian ini, kecuali dinyatakan secara khusus,
dibulatkan menjadi jutaan Rupiah terdekat.
Prinsip-prinsip konsolidasi
Laporan keuangan konsolidasian meliputi laporan
keuangan Perusahaan dan anak perusahaan di
mana Perusahaan mempunyai penyertaan saham
dengan hak suara lebih dari 50%, baik langsung
maupun tidak langsung, serta apabila Perusahaan
memiliki 50% atau kurang dari 50% saham dengan
hak suara tetapi dapat dibuktikan adanya
pengendalian. Anak perusahaan dikonsolidasi sejak
tanggal pengendalian telah beralih secara efektif
kepada perusahaan dan tidak dikonsolidasi lagi sejak
tanggal pelepasan. Bagian pemegang saham
minoritas atas ekuitas anak perusahaan disajikan
sebagai Hak Minoritas pada neraca konsolidasian.
b.
Principles of consolidation
The consolidated financial statements include the
accounts of the Company and its subsidiaries in
which the Company directly or indirectly has
ownership of more than 50% of the voting rights, or
equal to or less than 50% but where the Company
has the ability to control the entity. Subsidiaries are
consolidated from the date on which effective control
is transferred to the Company and are no longer
consolidated from the disposal. The proportionate
share of the minority shareholders of the subsidiaries
is presented as Minority Interest in the consolidated
balance sheet.
c.
2.
c.
2009
2008
9,400
6,698
13,509
10,950
7,607
15,432
Piutang
Piutang disajikan pada nilai estimasi kolektibilitas
saldo piutang setelah dikurangi penyisihan untuk
saldo piutang tidak tertagih berdasarkan telaah dari
manajemen terhadap status masing-masing saldo
piutang pada akhir tahun. Piutang dihapuskan pada
periode dimana piutang tersebut ditentukan tidak
akan tertagih.
1 US Dollar (USD)
1 Singapore Dollar (SGD)
1 Euro (EUR)
Currency
d.
Receivables
Receivables are presented at their estimated
recoverable value after providing for doubtful
accounts based on managements review of the
status of each account at the end of the year.
Receivables are written off during the period in which
they are determined to be not collectible.
239
240
f.
Persediaan
2.
Inventories
f.
Transaksi dengan
hubungan istimewa
pihak
yang
mempunyai
2.
(i)
(i)
(ii)
(ii)
h.
Deferred
exploration
expenditure
and
development
Exploration
and
evaluation
expenditure
is
accumulated for each area of interest and deferred as
an asset when the costs are expected to be recouped
through exploitation or sale, or where activities in the
area of interest have not yet reached a stage which
permits a reasonable assessment of the existence or
otherwise of economically recoverable reserves and
active and significant operations in or in relation to the
area are continuing. Ultimate recovery of exploration
and evaluation expenditure carried forward is
dependent on successful development and
exploitation of the respective areas.
241
242
j.
2.
Aset tetap
j.
Fixed assets
Fixed assets are stated at cost less accumulated
depreciation. Depreciation of the main mining
equipment used in mining operations is calculated
using the unit-of-production method. The main mining
equipment consists of Bucket Wheel Excavators
(BWE), Conveyor System (CS), Central Distribution
Point (CDP), Spreader and Stacker & Reclaimer
(SR). Other fixed assets, except land, are depreciated
using the straight-line method to their estimated
residual value over the lesser of the estimated useful
lives of the assets, the life of mine or KP term as
follows:
5 dan/and 20
5 sampai/to 20
4
3 sampai/to 4
Buildings
Machinery and equipment
Vehicles
Office and hospital equipment
2.
Sewa pembiayaan
Finance leases
243
244
k.
l.
2.
k.
Properti pertambangan
l.
Mining property
n.
2.
Perpajakan
n.
Taxation
245
246
Imbalan Kerja
2.
Employee benefits
2.
Perusahaan menyediakan imbalan kesehatan pascakerja untuk pensiunan mereka. Hak atas imbalan ini
pada umumnya diberikan apabila karyawan bekerja
sampai usia pensiun dan memenuhi masa kerja
minimum tertentu. Prakiraan biaya imbalan ini diakru
sepanjang
masa
kerja
karyawan,
dengan
menggunakan metode akuntansi yang sama, namun
disederhanakan, dengan metode yang digunakan
dalam perhitungan program pensiun imbalan pasti.
Kewajiban ini dinilai setiap tahun oleh aktuaris
independen yang memenuhi kualifikasi.
247
248
p.
2.
Termination benefits
Pelaporan Segmen
p.
q.
Segment reporting
A business segment is a group of assets and
operations engaged in providing products or services
that are subject to risks and returns that are different
from those of other business segments.
A geographical segment is engaged in providing
products or services within a particular economic
environment that are subject to risks and returns that
are different from those of segments operating in
other economic conditions.
r.
2.
Dividen
Penggunaan estimasi
t.
AKUISISI
3.
ACQUISITION
On 19 September 2008, the Company acquired 51% of the
shares of IPC with the total consideration paid of USD 17.85
million or equivalent to Rp 163.9 billion from the previous
shareholders PT Mega Raya Kusuma (PTMRK) and
PT Rajawali Corpora (PTRC). The Company recognised
mining property after purchase price allocation to the fair
value of net assets acquired net of negative goodwill
allocation to the identifiable non-monetary assets as detailed
below:
Use of estimates
The preparation of consolidated financial statements
in conformity with generally accepted accounting
principles in Indonesia requires management to make
estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the
consolidated financial statements and the reported
amounts of revenues and expenses during the
reporting period. Actual results could differ from those
estimates.
Dividends
163,934
375
83,198
199,063
47,856
(163)
(9,401)
(49,766)
(59,714)
(47,514)
Purchase consideration
Purchase price allocation:
Current assets Fixed assets Mining property Other non-current assets Current liabilities Non-current liabilities Deferred tax liabilities Minority interest Negative goodwill allocated to the identifiable non-monetary assets
163,934
IPC saat ini sedang dalam tahap pengembangan.
249
250
4.
2008
2009
Kas
Bank
Rupiah
Pihak ketiga
- PT Bank Permata Tbk
- Standard Chartered Bank
- PT CIMB Niaga Tbk
- Deutsche Bank AG
- PT Bank Mega Tbk
- Citibank
Pihak yang mempunyai
hubungan istimewa
- PT Bank Mandiri (Persero) Tbk
- PT Bank Negara Indonesia
(Persero) Tbk
- PT Bank Rakyat
Indonesia (Persero) Tbk
Dolar Amerika Serikat
Pihak ketiga
- Deutsche Bank AG
- Citibank
- PT Bank Permata Tbk
- Standard Chartered Bank
- PT Bank Mega Tbk
Pihak yang mempunyai
hubungan istimewa
- PT Bank Mandiri (Persero)Tbk
- PT Bank Negara Indonesia
(Persero) Tbk
Jumlah bank
Deposito berjangka
(jatuh tempo dalam jangka waktu 3 bulan)
Rupiah
Pihak yang mempunyai
hubungan istimewa
- PT Bank Negara Indonesia
(Persero) Tbk
- PT Bank Mandiri (Persero) Tbk
- PT Bank Tabungan Negara
(Persero) Tbk
- PT Bank Rakyat Indonesia
(Persero) Tbk
- PT Bank Sumsel
Dolar Amerika Serikat
Pihak yang mempunyai
hubungan istimewa
- PT Bank Negara Indonesia
(Persero) Tbk
- PT Bank Mandiri (Persero) Tbk
Jumlah deposito berjangka
144
123
Cash on hand
1,834
1,636
673
235
74
45
645
3,517
343
191
153,691
Cash in banks
Rupiah
Third parties
PT Bank Permata Tbk Standard Chartered Bank PT CIMB Niaga Tbk Deutsche Bank AG PT Bank Mega Tbk Citibank -
97,328
63,410
10,454
10,776
143
311
Related parties
PT Bank Mandiri (Persero)Tbk PT Bank Negara Indonesia (Persero) Tbk
PT Bank Rakyat Indonesia (Persero) Tbk
US Dollars
Third parties
Deutsche Bank AG Citibank PT Bank Permata Tbk Standard Chartered Bank PT Bank Mega Tbk -
21,835
2,712
948
121
56
40,828
12,935
141
65
11,717
23,055
2,406
794
Related parties
PT Bank Mandiri (Persero) Tbk PT Bank Negara Indonesia (Persero) Tbk
152,217
310,702
1,792,500
1,508,743
626,300
1,015,000
600,000
500,000
575,000
10,000
250,000
10,000
Related parties
PT Bank Negara Indonesia (Persero) Tbk
PT Bank Mandiri (Persero)Tbk PT Bank Tabungan Negara (Persero) Tbk
PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Sumsel US Dollars
70,500
329,595
-
Related parties
PT Bank Negara Indonesia (Persero) Tbk
PT Bank Mandiri (Persero)Tbk -
4,556,743
2,730,895
4,709,104
3,041,720
4.
2009
Deposito Rupiah
Deposito Dolar Amerika Serikat
8.83% 12.50%
4.50% 5.00%
PIUTANG USAHA
2009
Dikurangi: Penyisihan
piutang tidak tertagih
Pihak yang mempunyai
hubungan istimewa
Rupiah
- PT Indonesia Power
- PT Perusahaan Listrik
Negara (Persero)
- PT Semen Baturaja
Dolar Amerika Serikat
- PT Timah (Persero) Tbk
TRADE RECEIVABLES
Trade receivables consist of:
Pihak ketiga
Rupiah
- PT Risna Karya Wardhana
- PT Artha Aneka Samudera
- PT Duta Angkasa Raya
- Lain-lain (masing-masing di bawah 5.000)
Rupiah
US Dollar deposits
10.00%13.00%
3.05% 5.50%
2008
44,074
21,801
3,440
55,117
5,090
63,998
Third Parties
Rupiah
PT Risna Karya Wardhana PT Artha Aneka Samudera PT Duta Angkasa Raya Others (each below 5,000) -
45,596
44,759
44,086
39,610
31,309
25,833
22,740
21,598
21,405
15,406
4,338
-
116,575
35,412
9,445
5,805
50,161
39,745
US Dollars
Coal Orbis AG Lianex Corporation Aempire Resources Nissho Iwai Co. Dragon Energi PT Okyloe Indonesia Idemitsu Kosan, Co Ltd PT Tiga Lentera Abadi PT Sinar Bentala Abadi PT Titian Bina Kenari Queda Corporation FDK Resources Nomura Trading -
34,757
6,114
475,869
332,345
(48,138)
(24,281)
427,731
308,064
939,675
944,495
108,971
9,678
101,778
13,293
Related parties
Rupiah
PT Indonesia Power PT Perusahaan Listrik Negara (Persero)
PT Semen Baturaja -
5,405
8,994
US Dollars
PT Timah (Persero) Tbk -
1,063,729
1,068,560
1,491,460
1,376,624
251
252
5.
2009
2008
980,205
241,600
284,792
33,001
1,539,598
819,152
402,424
171,109
8,220
1,400,905
(24,281)
(48,138)
1,491,460
Less:
Provision for doubtful accounts
2009
24,281
6,231
30,227
18,050
(6,370)
48,138
24,281
6.
PERSEDIAAN
7.
2009
Dikurangi:
Penyisihan persediaan usang
INVENTORIES
Inventories consist of the following:
Persediaan batubara
Perlengkapan dan suku cadang
1,376,624
6.
2008
278,968
156, 823
352,515
91,746
435,791
444,261
(25,890)
(24,221)
409,901
420,040
Coal inventories
Material and spare parts
Less:
Provision for obsolete inventories
PERSEDIAAN (lanjutan)
7.
2008
2009
8.
Saldo awal
Perubahan selama tahun berjalan:
Penyisihan/(penghapusan)
persediaan usang
24,221
Saldo akhir
25,890
INVENTORIES (continued)
24,276
(55)
1,669
Beginning balances
Movement during the year:
Provision for/(write off) obsolete
inventories
Ending balances
24,221
8.
Saldo awal
Tambahan setoran modal
Bagian (rugi)/laba bersih
2008
125,062
(3,352)
83,019
41,000
1,043
121,710
125,062
Beginning balance
Additional paid-in capital
Equity in net (loss)/income
253
254
ASET TETAP
9.
Akumulasi penyusutan
Bangunan
Mesin dan peralatan
Kendaraan
Peralatan kantor dan
rumah sakit
Nilai buku
31 Desember/December 2009
Pemindahan/
pengurangan/
Penambahan/
Transfers/
Additions
disposals
-
Saldo
akhir/
Ending
balance
78,403
263,064
1,730
15,261
944,042
20,356
1,617
15
(160)
(114)
945,499
20,257
54,186
2,297
(326)
56,157
25,162
36,671
(16,183)
45,650
1,385,213
57,591
(16,783)
1,426,021
80,133
278,325
(203,351)
(9,878)
(213,229)
(734,669)
(13,179)
(39,231)
(2,528)
160
114
(773,740)
(15,593)
(50,082)
(2,180)
326
(51,936)
(1,001,281)
(53,817)
600
(1,054,498)
383,932
Saldo
awal/
Beginning
balance
Harga perolehan
Tanah
Bangunan
FIXED ASSETS
371,523
31 Desember/December 2008
Pemindahan/
pengurangan/
Penambahan/
Transfers/
Additions
disposals
Cost
Land
Buildings
Machinery and
equipment
Vehicles
Office and hospital
equipment
Construction
in progress
Accumulated
depreciation
Buildings
Machinery and
equipment
Vehicles
Office and hospital
equipment
Book value
Saldo
akhir/
Ending
balance
26,498
251,540
82,122
14,164
(30,217)
(2,640)
78,403
263,064
921,299
22,004
30,226
2,963
(7,483)
(4,611)
944,042
20,356
58,919
2,919
(7,652)
54,186
33,624
26,571
(35,033)
25,162
1,313,884
158,965
(87,636)
1,385,213
Cost
Land
Buildings
Machinery and
equipment
Vehicles
Office and hospital
equipment
Construction
in progress
9.
Saldo
awal/
Beginning
balance
Akumulasi penyusutan
Bangunan
Mesin dan peralatan
Kendaraan
Peralatan kantor dan
rumah sakit
Nilai buku
31 Desember/December 2008
Pemindahan/
pengurangan/
Penambahan/
Transfers/
Additions
disposals
Saldo
akhir/
Ending
balance
(194,702)
(11,289)
2,640
(203,351)
(691,377)
(15,469)
(50,775)
(2,321)
7,483
4,611
(734,669)
(13,179)
(51,765)
(5,956)
7,639
(50,082)
(953,313)
(70,341)
22,373
(1,001,281 )
360,571
383,932
Accumulated
depreciation
Buildings
Machinery and
equipment
Vehicles
Office and hospital
equipment
Book value
2008
2009
Harga pokok penjualan
Beban usaha
Beban eksplorasi yang
ditangguhkan
26,913
26,438
34,733
35,133
Cost of sales
Operating expenses
466
475
53,817
70,341
255
256
9.
31 Desember/December 2009
Aset dalam
penyelesaian yang
belum selesai pada
tanggal neraca
GOR Tanjung Enim
Lapangan tenis
indoor basecamp
Lapangan golf base
camp tahap II
Pembebasan Lahan
Lain-lain (masingmasing di bawah
5% dari nilai aset
dalam penyelesaian)
Persentase
penyelesaian/
Percentage
of completion
Akumulasi biaya/
Accumulated
costs
Estimasi tanggal
penyelesaian/
Estimated completion
date
Constructions in progress
that have not been
completed at the balance
sheet date
70%
6,717
Maret/March 2010
95%
3,899
Maret/March 2010
95%
95%
3,125
16,815
Pebruari/February 2010
Juni/June 2010
15,094
5% - 96%
Nilai buku
Book value
45,650
31 Desember/December 2008
Aset dalam
penyelesaian yang
belum selesai pada
tanggal neraca
Pembebasan Lahan
Lain-lain (masingmasing di bawah
5% dari nilai aset
dalam penyelesaian)
Nilai buku
Persentase
penyelesaian/
Percentage
of completion
95%
5% - 96%
Akumulasi biaya/
Accumulated
costs
Estimasi tanggal
penyelesaian/
Estimated completion
date
16,815
Juni/June 2010
8,347
25,162
Constructions in progress
that have not been
completed at the balance
sheet date
Land compensation
257
BEBAN
EKSPLORASI
TANGGUHAN
DAN
PENGEMBANGAN
10.
DEFERRED EXPLORATION
EXPENDITURE
31 Desember/December 2009
Saldo awal/
Beginning
balance
Penambahan/
Additions
IPC
- Palaran
BBK
- Bukit Kendi
Akumulasi amortisasi
Perusahaan
- Muara Tiga Besar
- Banko Tengah
- Banko Barat
- Air Laya
- Peranap - Riau
73,614
2,484
12,316
2,161
90,575
111,608
9,035
29,978
169,959
2,939
323,519
31,187
3,499
34,686
IPC
Palaran -
9,662
9,662
BBK
Bukit Kendi -
273,793
94,074
367,867
Accumulated amortisation
The Company
Muara Tiga Besar Banko Tengah Banko Barat Air Laya Peranap - Riau -
4,971
4,656
9,627
20,837
5,920
26,757
25,808
10,576
36,384
IPC
Palaran -
9,662
9,662
BBK
Bukit Kendi -
19,289
26,757
46,046
254,504
Saldo awal/
Beginning
balance
321,821
31 Desember/December 2008
Penambahan/
Additions
Saldo akhir/
Ending
balance
Pelepasan/
Disposals
Acquisition cost
The Company
Muara Tiga Besar Banko Tengah Banko Barat Air Laya Peranap - Riau -
37,994
6,551
17,662
169,959
778
232,944
IPC
- Palaran
BBK
- Bukit Kendi
DEVELOPMENT
Saldo akhir/
Ending
balance
Pelepasan/
Disposals
AND
29,201
4,036
13,805
169,959
217,001
8,793
2,515
3,857
778
15,943
37,994
6,551
17,662
169,959
778
232,944
Acquisition cost
The Company
Muara Tiga Besar Banko Tengah Banko Barat Air Laya Peranap - Riau -
258
BEBAN
EKSPLORASI
TANGGUHAN (lanjutan)
DAN
PENGEMBANGAN
DEFERRED EXPLORATION
EXPENDITURE (continued)
31 Desember/December 2008
Saldo awal/
Beginning
balance
Penambahan/
Additions
AND
DEVELOPMENT
Saldo akhir/
Ending
balance
Pelepasan/
Disposals
Nilai perolehan
IPC
- Palaran
31,187
31,187
Acquisition cost
IPC
Palaran -
BBK
- Bukit Kendi
9,662
9,662
BBK
Bukit Kendi -
217,001
56,792
273,793
Akumulasi amortisasi
Perusahaan
- Muara Tiga Besar
- Banko Tengah
- Banko Barat
- Air Laya
- Peranap - Riau
Accumulated amortisation
The Company
Muara Tiga Besar Banko Tengah Banko Barat Air Laya Peranap - Riau -
4,971
1,199
6,170
3,457
3,457
4,971
4,656
9,627
IPC
- Palaran
IPC
Palaran -
BBK
- Bukit Kendi
9,662
9,662
BBK
Bukit Kendi -
6,170
13,119
19,289
11.
10.
210,831
HUTANG USAHA
11.
TRADE PAYABLES
Trade payables consist of the following:
254,504
2009
2008
48,297
5,408
277
55,505
6,994
147
121
53,982
62,767
4,115
6,423
4,115
6,423
58,097
69,190
Third party
Rupiah
US Dollars
Euro
Singapore Dollars
Related parties
Rupiah
12.
11.
12.
ACCRUED EXPENSES
Accrued expenses consist of the following:
2008
2009
Iuran produksi
Bonus karyawan dan tantiem
Jasa angkutan kereta api
Jasa pihak ketiga
Jasa angkutan kapal
Sewa alat berat
Jasa dermaga
Denda keterlambatan kapal
Lainnya (masing-masing
di bawah Rp 20.000)
13.
173,100
165,530
111,077
97,676
65,379
58,261
27,647
22,471
181,763
128,145
89,567
102,348
62,035
23,194
17,936
2,337
68,228
36,827
789,369
644,152
PERPAJAKAN
a.
13.
TAXATION
a.
Anak Perusahaan
Kelebihan pembayaran
pajak badan
- 2009
- 2007
b.
The Company
Value Added Tax (VAT)
11,549
-
2,838
Subsidiaries
Overpayment of
corporate income tax
2009
2007
12,310
2,838
761
Hutang pajak
b.
2009
Perusahaan
Pajak penghasilan
Pasal 21
Pasal 23/26
Pasal 25
Pasal 29
PPN
Prepaid taxes
2008
2009
Perusahaan
Pajak Pertambahan Nilai (PPN)
Production fee
Employee bonus and tantiem
Coal railway services
Third party services
Shipping and freight
Heavy equipment rent
Coal handling at port
Demurrage
Others (each below
Rp 20,000 )
47,558
9,505
65,665
305,486
428, 214
Taxes payable
2008
53,067
1,161
27,672
461,331
334
543,565
The Company
Income tax
Article 21
Article 23/26
Article 25
Article 29
VAT
259
260
PERPAJAKAN (lanjutan)
b.
13.
TAXATION (continued)
b.
2008
2009
Anak Perusahaan
Pajak penghasilan
Pasal 15
Pasal 21
Pasal 23/26
Pasal 29
PPN
2,390
490
127
9
196
1,395
223
17,279
3
3,016
19,096
431, 230
562,661
c.
2009
Perusahaan
- Kini
- Tangguhan
Anak Perusahaan
- Kini
- Tangguhan
Konsolidasian
- Kini
- Tangguhan
Subsidiaries
Income tax
Article 15
Article 21
Article 23/26
Article 29
VAT
1,104,731
(77,072)
803,604
31,902
1,027,659
835,506
6,169
(1,153)
22,429
(20,880)
5,016
1,549
1,110,900
(78,225)
826,033
11,022
1,032,675
837,055
The Company
Current Deferred Subsidiaries
Current Deferred Consolidated
Current Deferred -
2009
2008
3,762,002
2,551,672
16,995
(9,648)
3,745,007
2,561,320
PERPAJAKAN (lanjutan)
c.
13.
c.
2009
Perbedaan waktu
Penyisihan reklamasi lingkungan
dan penutupan tambang
Penyisihan imbalan kerja
Perbedaan nilai buku aset tetap
komersial dan fiskal
Amortisasi beban ekplorasi dan
pengembangan tangguhan
Penyisihan untuk piutang tidak
tertagih
Penyisihan untuk aset tidak
digunakan dalam operasi
Penyisihan untuk persediaan
usang
TAXATION (continued)
29,796
236,603
25,439
15,547
Temporary differences
Provision for environmental reclamation
23,897
and mine closure
102,889
Provision for employee benefit
Difference between commercial and
18,099
tax net book value of fixed assets
Amortisation of deferred exploration
and development expenditures
4,921
16
22,027
887
728
308,288
172,561
6,025
33,364
(199,903)
2,941
10,343
(107,457)
3,352
49,334
(1,043)
40,017
(107,828)
(55,199)
3,945,467
2,678,682
1,104,731
803,604
(799,245)
(342,273)
305, 486
461,331
Permanent differences
Employee benefits in kind
Donations
Income subject to final tax
Share in net loss/(income)
of associate
Others
2009
2008
3,762,002
2,551,672
16,995
(9,648)
3,745,007
2,561,320
1,048,602
768,396
261
262
PERPAJAKAN (lanjutan)
c.
13.
TAXATION (continued)
c.
2008
2009
Tambah/(kurang):
Perbedaan tetap
Beban kesejahteraan karyawan
Sumbangan
Pendapatan kena pajak final
Bagian rugi/(laba) bersih dari
perusahaan asosiasi
Penyesuaian terkait dengan
perubahan tarif pajak
Penyesuaian pajak tangguhan
tahun sebelumnya
Lain-lain
1,687
9,342
(55,973)
d.
939
(313)
9,249
37,745
13,813
45,925
12,005
(20,943)
67,110
1,027,659
835,506
5,016
1,549
1,032,675
837,055
d.
Dibebankan
pada laporan
laba rugi
konsolidasian/
Charge to
Consolidated
statement of
income
2008
Add/(less):
Permanent differences
Employee benefits in kind
Donations
Income subject to final tax
Share in net loss/(income)
of associate
Adjustment related to
change in tax rate
Adjustment of deferred tax
on previous years
Others
882
3,103
(32,237)
Penyisihan reklamasi
lingkungan dan
penutupan tambang
Penyisihan untuk
persediaan usang
Penyisihan aset tidak
produktif
Perbedaan nilai buku
aset tetap komersial
dan fiskal
Penyisihan piutang
tidak tertagih
Amortisasi beban
ekplorasi dan
pengembangan
tangguhan
Penyisihan imbalan
kerja
Lain-lain/
Others
2009
35,832
7,449
6,251
222
2,668
5,428
6,359
3,475
3,887
145,054
59,151
198,708
77,072
275,780
(49,766)
1,153
24,039
250,053
(49,766)
22,886
171,828
PERPAJAKAN (lanjutan)
13.
Penyisihan reklamasi
lingkungan dan
penutupan tambang
Penyisihan persediaan
usang
Penyisihan aset tidak
produktif
Perbedaan nilai buku
aset tetap komersial
dan fiskal
Penyisihan piutang
tidak tertagih
Penyisihan imbalan
kerja
Aset pajak tangguhan Perusahaan
Kewajiban pajak
tangguhan Perusahaan
Aset pajak tangguhan anak perusahaan
Aset pajak tangguhan,
bersih
e.
Dampak
Pemberlakuan
Penghasilan Badan
Dibebankan
pada laporan
laba rugi
konsolidasian/
Charge to
consolidated
statement of
income
2007
TAXATION (continued)
Lain-lain/
Others
2008
147,985
(2,931)
230,610
(31,902)
198,708
35,830
7,283
(1,032)
11,598
(8,930)
25,221
(19,793)
2,693
782
2,006
20,880
(49,766)
-
232,616
Tarif
Baru
Pajak
e.
22,886
171,828
(49,766)
263
264
PERPAJAKAN (lanjutan)
f.
13.
Administrasi
f.
PENYISIHAN
REKLAMASI
PENUTUPAN TAMBANG
LINGKUNGAN
DAN
Administration
Under the taxation laws of Indonesia, the companies
within the Group submit tax returns on the basis of
self assessment. DGT may assess or amend taxes
within ten years of the time the tax becomes due, or
until the end of 2013, whichever is earlier. There are
new rules applicable to the fiscal year 2008 and
subsequent years stipulating that the DGT may
assess or amend taxes within five years of the time
the tax becomes due.
Berdasarkan
peraturan
perpajakan Indonesia,
perusahaan yang berada di dalam Grup menghitung,
menetapkan, dan membayar sendiri jumlah pajak yang
terhutang. DJP dapat menetapkan dan mengubah
kewajiban pajak dalam batas waktu sepuluh tahun
sejak tanggal terhutangnya pajak, atau akhir tahun
2013, mana yang lebih awal. Ketentuan baru yang
diberlakukan terhadap tahun pajak 2008 dan tahuntahun selanjutnya menentukan bahwa DJP dapat
menetapkan dan mengubah kewajiban pajak tersebut
dalam batas waktu lima tahun sejak saat terhutangnya
pajak.
14.
TAXATION (continued)
14.
Nama/
Name
KP eksploitasi/
exploitation
Airlaya
KP eksploitasi/
exploitation
MTBU/MTBS
KP eksploitasi/
exploitation
Banko Barat
KP eksploitasi/
exploitation
Sawah Lunto
KP eksploitasi/
exploitation
Bukit Kendi
Lokasi/
Location
Tanjung Enim Sumatera Selatan/
South Sumatera
Tanjung Enim Sumatera Selatan/
South Sumatera
Tanjung Enim Sumatera Selatan/
South Sumatera
Ombilin Sumatera Barat/
West Sumatera
Tanjung Enim Sumatera Selatan/
South Sumatera
21,638
(6,940)
46,309
49,729
9,974
(3,457)
56,246
56,582
12,322
(3,742)
65,162
5,409
5,409
2,447
3,031
(4,129)
1,349
145,778
46,965
(18,268)
174,475
Nama/
Name
KP eksploitasi/
exploitation
Airlaya
KP eksploitasi/
exploitation
MTBU/MTBS
KP eksploitasi/
exploitation
Banko Barat
KP eksploitasi/
exploitation
Sawah Lunto
KP eksploitasi
Exploitation/
Bukit Kendi
Lokasi/
Location
Tanjung Enim Sumatera Selatan/
South Sumatera
Tanjung Enim Sumatera Selatan/
South Sumatera
Tanjung Enim Sumatera Selatan/
South Sumatera
Ombilin Sumatera Barat/
West Sumatera
Tanjung Enim Sumatera Selatan/
South Sumatera
14.
32,176
9,168
(9,733)
31,611
36,555
13,446
(272)
49,729
45,282
12,370
(1,070)
56,582
5,420
(11)
5,409
3,424
2,034
(3,011)
2,447
122,857
37,018
(14,097)
145,778
2009
2008
Balance at beginning of year
Provision made during the year
Reduction in provision
Restoration expenditure
during the year
145,778
46,965
-
122,857
37,018
-
(18,268)
(14,097)
174,475
145,778
23,209
24,930
151,266
120,848
IMBALAN KERJA
15.
2009
EMPLOYEE BENEFITS
2008
816,817
584,253
57,025
30,474
759,792
553,779
265
266
15.
(728,647)
(748,686)
184,045
(1,891,631)
280,850
728,723
74,278
65,241
(529,757)
(18,106)
(9,304)
(3,001)
(54,496)
-
(24,383)
(529,757)
(88,170)
-
2009
Jumlah/
Total
21,654
91,246
104,728
Imbalan jangka
panjang lainnya/
Other long-term
benefits
2009
2008
(39,394)
28,874
91,571
(161)
8,827
(88,170)
(54,496)
26,418
93,900
(24,383)
(18,106)
21,542
-
43,299
8,827
26,098
9,036
28,960
155,693
137,34 6
Total
4,556
9,036
43,460
-
108,386
50,965
9,304
3,001
(33,410)
-
(146,471 )
(816,817 )
(584,253)
(584,253)
-
(104,728)
(108,386)
(50,965)
(28,960)
(155,693)
64,614
41,970
4,986
7,874
69,600
(146,471 )
(728,647)
(529,757)
(88,170)
(584,253)
Liability
in the consolidated
balance sheet
31,486
96,464
4,764
2,654
(54,496)
Employee benefits
obligations
(803,182) Present value of obligation
184,045
Fair value of plan assets
Unrecognised actuarial
(39,394)
losses
Unrecognised past
74,278
service cost
Employee benefits
expenses
Current service cost
Interest cost
Expected return on
plan assets
Net actuarial losses
recognised
Past service cost
2,612
4,893
(463,341)
(816,817 )
2008
(54,496)
15.
2009
2008
11%
12%
10%
13.32%
10%
46
12%
11%
10%
46
a.
b.
AJB Bumiputera
267
268
16.
16.
IPC
IPC
17.
Batas/Limit
Term Loan I
Untuk membiayai investasi yang akan dilakukan IPC
dengan tingkat bunga 12,25% per tahun/to finance future
investment of IPC using the interest rate of 12.25% per
annum.
70,000
Nihil/nil
Term Loan II
Untuk membiayai pembayaran sewa atas infrastruktur
dengan tingkat bunga 12,25% per tahun/to finance rent of
infrastructure using the interest rate of 12.25% per
annum.
15,000
Nihil/nil
35,000
13,500
HAK MINORITAS
a.
2009
BBK
Persentase kepemilikan 25%
Nilai tercatat - awal
Bagian laba bersih
Dividen
17.
MINORITY INTEREST
a.
19,003
4,232
(6,057)
11,696
7,604
(297)
17,178
19,003
BBK
Percentage of ownership 25%
Carrying amount - beginning
Portion of net income
Dividends
17.
2009
BAP
Persentase kepemilikan 0,01%
Nilai tercatat - awal
Bagian laba bersih
IPC
Kepemilikan 49%,
Nilai tercatat - awal
Tambahan modal disetor
Rugi bersih
b.
18
(4)
14
14
59,668
9,403
(2,639)
60,422
(754)
66,432
59,668
842
-
842
-
842
842
84,466
79,527
BAB
Kepemilikan 35%, nilai tercatat
Bagian laba bersih
Jumlah
14
-
b.
Jumlah
18.
7,604
(4)
(754)
1,593
6,846
18.
Pemegang saham
Saham Preferen
(Seri A Dwiwarna)
Saham Biasa (Seri B)
Pemerintah Indonesia
Perorangan dan Direktur:
Sukrisno
(Direktur Utama)
Mahbub Iskandar
(Direktur Umum
dan SDM)
BAB
Percentage of ownership 35%
Net income
Total
4,232
(2,639)
MODAL SAHAM
IPC
Percentage of ownership 49%
Carrying amount beginning
Additional paid-in capital
Net loss
2008
2009
BBK
BAP
IPC
BAP
Percentage of ownership 0.01%
Carrying amount - beginning
Portion of net income
BBK
BAP
IPC
Total
SHARE CAPITAL
The share ownership of the Company is as follows:
31 Desember/December 2009
Jumlah saham
Persentase
ditempatkan dan
kepemilikan/
disetor/Number of
Percentage
issued and fully paid
of
shares
ownership
Jumlah/
Amount
0.00%
1,498,087,500
65.02%
749,044
200,000
0.009%
100
138,000
0.006%
69
Shareholders
Preferred Stock
(A Dwiwarna Share)
Common Stock (B Shares)
Government of
Indonesia
Personnel and Directors:
Sukrisno
(President Director)
Mahbub Iskandar
(Director General
Affairs and HR)
269
270
Pemegang saham
18.
31 Desember/December 2009
Jumlah saham
Persentase
ditempatkan dan
kepemilikan/
disetor/Number of
Percentage
issued and fully paid
of
shares
ownership
Milawarma
(Direktur Operasi
/Produksi)
Karyawan
Badan usaha asing
Reksadana
Lain-lain
(Masing-masing
kepemilikan di bawah
5%)
Jumlah
Pemegang saham
Saham Preferen
(Seri A Dwiwarna)
Saham Biasa (Seri B)
19.
60,000
3,437,000
446,989,901
107,036,500
0.003%
0.14%
19.39%
4.65%
Jumlah/
Amount
Shareholders
30
1,719
223,495
53,518
Milawarma
(Director Operation/
Production)
Employees
Foreign corporation
Mutual fund
248,182,948
10.77%
124,091
Others
(Each holding below
5%)
2,304,131,850
100%
1,152,066
Total
31 Desember/December 2008
Jumlah saham
Persentase
ditempatkan dan
kepemilikan/
disetor/ Number of
Percentage
issued and fully paid
of
shares
ownership
Jumlah/
Amount
0.00%
Pemerintah Indonesia
Perorangan dan Direktur:
Sukrisno
(Direktur Utama)
Mahbub Iskandar
(Direktur Umum
dan SDM)
Milawarma
(Direktur Operasi
/Produksi)
Karyawan
Badan usaha asing
Reksadana
Lain-lain
(Masing-masing
kepemilikan di bawah
5%)
1,498,087,499
65.02%
749,044
200,000
0.009%
100
138,000
0.006%
69
60,000
5,108,500
307,797,177
200,833,000
0.003%
0.22%
13.36%
8.72%
30
2,554
153,899
100,417
Shareholders
Preferred Stock
(A Dwiwarna Share)
Common Stock (B Shares)
Government of
Indonesia
Personnel and Directors:
Sukrisno
(President Director)
Mahbub Iskandar
(Director General
Affairs and HR)
Milawarma
(Director Operation/
Production)
Employees
Foreign corporation
Mutual fund
291,907,672
12.67%
145,953
Others
(Each holding below
5%)
Jumlah
2,304,131,850
100%
1,152,066
Total
19.
32,573
(2,088)
30,485
19.
DIVIDEN
20.
CADANGAN UMUM
21.
PENJUALAN
22.
SALES
Sales consists of the following:
Pihak ketiga
Pihak yang mempunyai
hubungan istimewa
GENERAL RESERVE
The Companys Annual General Shareholders Meeting
held on 28 May 2009 also approved a transfer to the
general reserve in the amount of Rp 837 billion from net
income in 2008 (2008: Rp 380 billion before restatement of
financial statement for year 2007) in accordance with
Limited Liability Company Law No. 40/2007.
DIVIDENDS
At the Companys General Shareholders Meeting held on
28 May 2009, the shareholders approved the declaration of
a cash dividend from 2008 net income of Rp 853.9 billion or
Rp 371 (full amount) per share (for net income 2007: Rp
380.1 billion or Rp 165 (full amount) per share). The
dividend was paid on June 2009. Beside that, based on the
letter from Ministry of State Owned Enterprises (SOE)
No. S-782/MBU/2009 the Company declared interim
dividend of Rp 153.6 billion or Rp 66 (full amount) per
share. The dividend was paid on December 2009.
2009
2008
3,513,373
3,500,669
Third parties
5,434,481
3,715,559
Related parties
8,947,854
7,216,228
271
272
PENJUALAN (lanjutan)
Rincian pelanggan
penjualan bersih:
dengan
22.
transaksi
melebihi
10%
2008
2009
Pihak ketiga
Lain-lain ( masing-masing
dibawah 10%)
Pihak yang mempunyai
hubungan istimewa
PT Indonesia Power
PT PLN (Persero)
Lain-lain (masing-masing
dibawah 10%)
3,513,373
3,500,669
4,646,407
696,604
2,892,062
744,084
91,470
79,413
5,434,481
3,715,559
8,947,854
7,216,228
23.
Penurunan/(kenaikan) persediaan
batubara
Harga pokok penjualan
Third parties
Others (each
below 10%)
Related parties
PT Indonesia Power
PT PLN (Persero)
Others (each
below 10%)
SALES (continued)
COST OF SALES
The components of cost of sales are as follows:
2009
2008
1,232,241
888,683
1,081,305
826,456
517,549
381,155
410,833
364,420
262,458
236,621
174,767
123,344
53,670
46,977
41,042
19,868
175,514
591,060
95,471
169,552
39,278
34,984
39,367
12,580
22,701
24,789
4,030,754
3,835,931
73,547
(149,795)
Decrease/(increase) in coal
inventories
4,104,301
3,686,136
Cost of sales
23.
2008
2009
Pihak ketiga
PT Pamapersada Nusantara
Lain-lain (masing-masing
dibawah 10% dari jumlah
harga pokok penjualan)
Pihak yang mempunyai
hubungan istimewa
PT Kereta Api
Indonesia (Persero)
Lain-lain (masing-masing
dibawah 10% dari jumlah
harga pokok penjualan)
24.
607,649
598,727
Third parties
PT Pamapersada Nusantara
2,103,650
1,800,579
2,711,299
2,399,306
1,232,241
1,081,305
160,761
205,525
1,393,002
1,286,830
4,104,301
3,686,136
BEBAN USAHA
24.
2009
Related parties
PT Kereta Api
Indonesia (Persero)
Others (each below 10%
of total cost of sales)
OPERATING EXPENSES
Operating expenses consist of the following:
2008
265,389
264,305
116,831
43,045
41,001
19,469
13,794
12,757
11,200
9,589
3,064
42,620
82,261
25,598
39,748
23,388
13,553
9,555
15,327
13,596
2,857
24,957
578,759
515,145
384,417
51,575
49,065
34,502
271,200
30,588
43,718
18,964
26,127
16,411
9,361
6,969
5,015
4,738
107,166
22,803
7,588
8,775
11,745
6,507
5,410
77,407
695,346
504,705
273
274
24.
2009
Beban eksplorasi
Gaji, upah dan
kesejahteraan karyawan
Perlengkapan dan suku cadang
Jasa pihak ketiga
Sewa mobil dan peralatan
Lainnya (masing-masing dibawah 1.000)
13,913
2,816
1,438
1,364
1,602
9,471
1,971
1,410
1,431
2,017
21,133
16,300
1,295,238
1,036,150
25.
Exploration expenses
Salaries, wages and
employee benefits
Spare parts and materials used
Third party services
Car and equipment rent
Others (each below 1,000)
On 2 October 2002, the Company entered into a longterm coal sales and purchase agreement with PT
Indonesia Power - Unit Bisnis Pembangkitan Suralaya
(UBPS) 1-4 and 5-7 (previously PLTU Suralaya) for
10 years from 1 January 2003 until 31 December 2012.
Based on the agreement, there is no segregation of
coal supply between UBPS units 1-4 and units 5-7.
b.
25.
SIGNIFICANT
(continued)
a.
AGREEMENTS
AND
COMMITMENTS
Berdasarkan
kesepakatan,
terhitung
tanggal
1 Januari 2009 sampai 31 Desember 2009, harga
jual per ton adalah sebesar Rp 407.500.
b.
275
276
25.
c.
25.
SIGNIFICANT
(continued)
b.
AGREEMENTS
AND
COMMITMENTS
c.
On 19 February
1993, based on letter
No.S-226/KMK/1993, the Ministry of Finance approved
this request by using the 1992 CCA funds. Based on
the shareholders meeting on 31 December 1993, the
Shareholders decided to distribute the 1992 CCA
income amounting to Rp 82.44 billion to the coal
briquette development project.
25.
SIGNIFICANT
(continued)
c.
AND
COMMITMENTS
AGREEMENTS
d.
277
278
e.
25.
SIGNIFICANT
(continued)
d.
AGREEMENTS
AND
COMMITMENTS
e.
f.
25.
f.
279
280
h.
26.
25.
Iuran Produksi
h.
Production Royalty
26.
26.
KP yang ada pada saat diberlakukannya UndangUndang masih berlaku hingga jangka waktu
berakhirnya KP tetapi wajib dikonversi menjadi Izin
Usaha Pertambangan (IUP) sesuai dengan UndangUndang, paling lambat 11 Januari 2010.
Tata cara penerbitan IUP akan diterbitkan oleh DJMBP
(diasumsikan melalui peraturan pelaksana UndangUndang No. 4/2009).
Semua pemilik KP eksplorasi dan eksploitasi
diwajibkan untuk menyerahkan rencana aktivitas
seluruh KP hingga berakhirnya jangka waktu KP,
paling lambat enam bulan setelah disahkannya
Undang-Undang, yaitu 11 Juli 2009.
281
282
26.
26.
27.
26.
27.
Penjualan produk
- PT Indonesia Power
- PT Perusahaan Listrik
Negara (Persero)
- PT Timah (Persero) Tbk
- PT Semen Baturaja (Persero)
2009
2008
4,646,407
2,892,062
696,604
17,262
74,208
744,084
8,997
70,416
5,434,481
3,715,559
61%
51%
Sale of goods
PT Indonesia Power PT Perusahaan Listrik Negara (Persero)
PT Timah (Persero)Tbk PT Semen Baturaja (Persero) -
(as a percentage of
total sales)
283
284
27.
2009
Pembelian barang/jasa
- PT Kereta Api Indonesia
(Persero)
- PT Perusahaan Listrik
Negara (Persero)
- PT Pertamina (Persero)
- PT Bahtera Adhiguna (Persero)
- PT Asuransi Jasa Indonesia
(Persero)
(sebagai persentase terhadap
jumlah harga pokok
penjualan dan beban usaha)
Gaji dan tunjangan Dewan
Komisaris dan Direksi
(sebagai persentase terhadap
jumlah biaya karyawan)
Pendapatan bunga
PT Bank Mandiri (Persero) Tbk,
PT Bank Tabungan Negara
(Persero) Tbk, PT Bank Rakyat
Indonesia (Persero) Tbk
dan PT Bank Negara Indonesia
(Persero) Tbk
(sebagai persentase terhadap
jumlah pendapatan bunga)
Aset
Kas dan setara kas
- PT Bank Mandiri (Persero) Tbk
- PT Bank Negara
Indonesia (Persero) Tbk
- PT Bank Tabungan Negara
(Persero) Tbk
- PT Bank Rakyat Indonesia
(Persero) Tbk
Piutang usaha
- PT Indonesia Power
- PT Perusahaan Listrik
Negara (Persero)
- PT Timah (Persero) Tbk
- PT Semen Baturaja (Persero)
Piutang Lain-lain
- Piutang karyawan
Jumlah aset yang terkait dengan
pihak yang mempunyai
hubungan istimewa
(sebagai persentase
terhadap jumlah aset)
1,232,241
1,081,305
64,197
132,731
56,639
61,695
189,342
35,440
1,635
1,485,808
1,369,417
28%
29%
20,505
18,863
Board of Commisioners
and Directors salaries and benefits
2%
3%
(as a percentage
of total cost of sales and
operating expense)
187,407
61,684
Interest income
PT Bank Mandiri (Persero) Tbk,
PT Bank Tabungan Negara
(Persero) Tbk, PT Bank Rakyat
Indonesia (Persero) Tbk
and PT Bank Negara
Indonesia (Persero) Tbk
93%
57%
(as a percentage
of total interest income)
Assets
Cash and cash equivalents
PT Bank Mandiri (Persero) Tbk PT Bank Negara Indonesia (Persero) Tbk
PT Bank Tabungan Negara (Persero) Tbk
PT Bank Rakyat Indonesia (Persero) Tbk
1,688,288
1,101,465
1,805,360
967,465
600,000
500,000
575,143
250,311
4,668,791
2,819,241
939,675
944,495
108,971
5,405
9,678
101,778
8,994
13,293
1,063,729
1,068,560
1,313
767
Other receivables
Employee receivables -
5,733,833
3,888,568
71%
64%
(as a percentage
of total assets)
Trade receivables
PT Indonesia Power PT Perusahaan Listrik Negara (Persero)
PT Timah (Persero) Tbk PT Semen Baturaja (Persero) -
27.
4,115
6,423
4,115
6,423
Liabilities
Trade payables
PT Dahana (Persero) -
Accrued liabilities
PT Kereta Api Indonesia (Persero)
PT Bahtera Adhiguna (Persero) -
111,077
16,518
89,567
10,240
127,595
99,807
131,710
106,230
Total liabilities to
related parties
6%
5%
(as a percentage
of total liabilities)
Transaksi/Transaction
Penempatan dana/
Funds placement
Penempatan dana/
Funds placement
Penempatan dana/
Funds placement
Penempatan dana/
Funds placement
Pengangkutan batubara/
Coal transportation
PT Indonesia Power
Penjualan batubara/
Coal sales
Penjualan batubara/
Coal sales
Penjualan batubara/
Coal sales
Penjualan batubara/
Coal sales
Penjualan batubara/
Coal sales
285
286
28.
27.
Transaksi/Transaction
Pengapalan batubara/
Coal shipping
PT Dahana (Persero)
PT Pertamina (Persero)
Premi asuransi/
Insurance premium
Dana Pensiun/
Pension Fund
28.
2009
Laba bersih kepada
pemegang saham
Rata-rata tertimbang jumlah
saham biasa yang beredar
2,727,734
1,707,771
2,304,131,849
2,304,131,849
1,184
741
b.
29.
Aktivitas
SEGMENT INFORMATION
a. Activities
its
b. Segment information
and
8,921,124
26,730
7,192,202
24,026
8,947,854
7,216,228
Total
4,083,322
20,979
3,528,606
157,530
Cost of sales
Coal
Briquette
4,104,301
3,686,136
Total
1,289,124
6,114
1,029,557
7,410
1,295,238
1,036,967
3,548,678
(363)
2,492,128
1,814
Jumlah
3,548,315
2,493,942
Total
Total Aset
Batubara
Briket
8,010,187
68,391
6,061,372
45,020
Total assets
Coal
Briquette
Jumlah
8,078,578
6,106,392
Total
Jumlah
Beban pokok penjualan
Batubara
Briket
Jumlah
Beban Usaha
Batubara
Briket
Jumlah
Laba/(Rugi) Usaha
Batubara
Briket
Informasi menurut
lokasi geografis penjualan
Ekspor
Domestik
Jumlah
2,909,219
6,038,635
2,974,239
4,241,989
8,947,854
7,216,228
Operating expense
Coal
Briquette
Total
Profit/(loss) from operations
Coal
Briquette
Information by
sales geographic location
Export
Domestic
Total
287
288
PEMUSATAN RISIKO
30.
CONCENTRATION OF RISKS
Secara
umum,
tantangan-tantangan
ini
telah
mempengaruhi perusahaan tambang dalam kaitannya
dengan hal-hal berikut:
pemerintah
daerah mengharapkan perusahaan
tambang untuk mencadangkan dana tambahan dalam
rangka pembangunan daerah;
31.
Aset
Bank
Pihak ketiga
Hubungan Istimewa
Deposito berjangka
Hubungan Istimewa
Piutang usaha, bersih
Pihak ketiga
Hubungan Istimewa
Kewajiban
Hutang usaha
Pihak ketiga
Biaya yang masih
harus dibayar
Pihak ketiga
Mata
uang asing/
Orginal
currency
Nilai penuh/
Full amount
2009
Rp
USD
USD
2,731,064
1,502,447
25,672
14,123
USD
7,500,000
70,500
USD
USD
37,386,915
575, 000
351,437
5,405
467,137
SGD
USD
(41,344)
(575,280)
(277)
(5,408)
USD
(4,802,500)
(45,143)
Assets
Cash in bank
Third Parties
Related Parties
Time deposits
Related Parties
Trade receivables, net
Third Parties
Related Parties
Liabilities
Trade payables
Third Parties
Accrued expenses
Third Parties
(50,828)
Aset bersih
32.
416,309
32.
Net assets
289
290
32.
33.
33.
33.
PRONOUNCEMENTS
REKLASIFIKASI AKUN
34.
RECLASSIFICATION OF ACCOUNTS
Certain comparative figures in the consolidated financial
statements for the year ended 31 December 2008 have
been amended to conform to the basis on which the
consolidated financial statements for the year ended 31
December 2009 have been presented.
ACCOUNTING
PROSPECTIVE
(continued)
35.
SUBSEQUENT EVENT
In February 2010, the National Police of Republic of
Indonesia suspended BBKs operation because the lenduse permit for forestry areas under which BBK conducts
its mining activities has not been issued by the authority.
The Group is in discussions with the authorities, including
the Ministry of ESDM and the Ministry of Forestry, to
resolve this issue. The Group expects BBK's operations
to recommence in the near future, and does not expect
the suspension of BBK's operations to significantly affect
the Groups operations or financial position. BBKs total
production was 783 thousand tonne or 6.8% of the
Groups total production of 11.5 million tonne. BBKs total
assets were Rp 118 billion or 1.5% of the total assets of
the Group of Rp 8,079 billion as at 31 December 2009.
291