PT Adi Sarana Armada Tbk dan Entitas Anak/and Subsidiaries Laporan keuangan konsolidasian Consolidated financial statements 30 September/September, 2013 Tidak diaudit/Unaudited The original consolidated financial statements included herein are in the Indonesian language. PT ADI SARANA ARMADA TBK DAN ENTITAS ANAK PT ADI SARANA ARMADA TBK AND LAPORAN KEUANGAN KONSOLIDASIAN SUBSIDIARIES 30 SEPTEMBER 2013 DAN 31 DESEMBER 2012 CONSOLIDATED FINANCIAL STATEMENTS DAN SEMBILAN BULAN YANG BERAKHIR PADA SEPTEMBER 30, 2013 AND 2012 AND TANGGAL-TANGGAL NINE MONTHS ENDED 30 SEPTEMBER 2013 DAN 2012 SEPTEMBER 30, 2013 AND 2012 Daftar Isi Table of Contents Halaman/ Page Laporan Posisi Keuangan Konsolidasian (cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20) 1-2 (cid:20)(cid:20)Consolidated Statements of Financial Position Consolidated Statements of Comprehensive Laporan Laba Rugi Komprehensif Konsolidasian(cid:20)(cid:20). 3-4 (cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20).. Income Laporan Perubahan Ekuitas Konsolidasian (cid:20)(cid:20)(cid:20)(cid:20)(cid:20) 5 (cid:20).. Consolidated Statements of Changes in Equity Laporan Arus Kas Konsolidasian (cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20)(cid:20) 6 (cid:20)(cid:20)(cid:20)(cid:20). Consolidated Statements of Cash Flows Catatan Atas Laporan Keuangan Konsolidasian(cid:20)(cid:20)(cid:20) 7-96 (cid:20) Notes to the Consolidated Financial Statements *************************** The original consolidated financial statements included herein are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAK AND SUBSIDIARIES LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF FINANCIAL KONSOLIDASIAN POSITION 30 September 2013 dan 31 Desember 2012 September 30, 2013 and December 31, 2012 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) 30 September 2013/ Catatan/ 31 Desember 2012/ September 30, 2013 Notes December 31, 2012 ASET ASSETS ASET LANCAR CURRENT ASSETS Kas dan setara kas 21.320.516.719 2c,2q,4,28 315.567.715.027 Cash and cash equivalents Piutang usaha Trade receivables Pihak ketiga – setelah dikurangi Third parties - net of Penyisihan kerugian penurunan allowance for impairment Sebesar Rp1.295.272.575 pada losses of Rp1,295,272,575 tanggal 30 September 2013 as of September 30, 2013 dan pada tanggal and as of 31 Desember 2012 107.320.569.644 2q,5,28 74.561.204.594 December 31, 2012 Pihak berelasi 1.282.545.825 2e,6 520.104.583 Related Parties Piutang lain-lain 2q,28 Other receivables Pihak ketiga – setelah dikurangi Third parties - net of Penyisihan kerugian penurunan allowance for impairment Sebesar Rp404.727.429 pada losses of Rp404,727,429 tanggal 30 September 2013 as of September 30, 2013 dan 31 Desember 2012 6.383.074.855 7.600.014.551 and December 31, 2012 Pendapatan yang belum ditagih 6.685.445.415 2m,2q,28 13.742.058.104 Unbilled revenues Persediaan kendaraan bekas 432.055.228 2f,7 1.731.356.454 Used vehicle inventory Biaya dibayar di muka dan Prepaid expenses and uang muka lainnya 30.142.127.288 2g,8 11.449.327.527 other advances Pajak dibayar di muka 18.268.608.163 10.489.396.708 Prepaid tax Total Aset Lancar 191.834.943.137 435.661.177.548 Total Current Assets ASET TIDAK LANCAR NON-CURRENT ASSETS Piutang pihak berelasi 5.234.774.994 2e,2q,6,28 5.271.119.998 Due from related parties Deposito berjangka yang dibatasi penggunaannya 1.468.102.748 2d,2q,28 2.657.634.748 Restricted time deposits Estimasi tagihan pajak penghasilan 31.908.441.350 15 20.669.844.678 Estimated claims for tax refund Aset pajak tangguhan, neto 127.205.806 2p,15 99.072.141 Deferred tax assets, net Aset tetap, neto 1.910.190.261.748 2h,2i,9 1.643.770.606.000 Fixed assets, net Aset lain-lain 94.435.262 2q,28 868.852.850 Other assets Total Aset Tidak Lancar 1.949.023.221.908 1.673.337.130.415 Total Non-Current Assets TOTAL ASET 2.140.858.165.045 2.108.998.307.963 TOTAL ASSETS Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial merupakan bagian yang tidak terpisahkan dari laporan statements form an integral part of keuangan konsolidasian secara keseluruhan. these consolidated financial statements taken as a whole. 1 The original consolidated financial statements included herein are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAK AND SUBSIDIARIES LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF FINANCIAL KONSOLIDASIAN POSITION 30 September 2013 dan 31 Desember 2012 September 30, 2013 and December 31, 2012 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) 30 September 2013/ Catatan/ 31 Desember 2012/ September 30, 2013 Notes December 31, 2012 LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Pinjaman jangka pendek 10.000.002.842 2q,10,28 30.664.406.783 Short-term loans Utang usaha 2q,11,28 Trade payables Pihak ketiga 28.078.139.771 34.467.435.993 Third parties Pihak berelasi 2.499.342.395 2e,6,11 2.571.791.596 Related Parties Utang lain-lain - pihak ketiga 17.216.697.928 2q,12,28 18.180.822.804 Other payables - third parties Pendapatan diterima di muka 24.464.874.163 23.989.047.771 Unearned revenue Biaya masih harus dibayar 26.488.703.976 2q,13,28 32.208.470.302 Accrued expenses Utang pajak 3.031.280.298 15 2.990.515.420 Taxes payable Liabilitas imbalan kerja jangka Short-term employee benefits pendek 275.592.240 14,28 433.282.408 liability Utang jangka panjang yang akan jatuh tempo dalam waktu satu Current maturities tahun: of long-term debts: Pinjaman bank 364.564.178.734 2q,16,28 251.180.317.617 Bank loans Total Liabilitas Jangka Pendek 476.618.812.347 396.686.090.694 Total Current Liabilities LIABILITAS JANGKA PANJANG NON-CURRENT LIABILITIES Utang jangka panjang - setelah dikurangi bagian yang akan jatuh tempo dalam waktu satu Long-term debts - tahun: net of current maturities: Pinjaman bank 795.544.106.655 2q,16,28 926.818.510.746 Bank loans Liabilitas pajak tangguhan - neto 61.355.201.910 2p,15 40.992.378.496 Deferred tax liabilities - net Liabilitas imbalan kerja karyawan 14.334.582.500 2n,25 11.547.251.000 Employee benefits liability Total Liabilitas Jangka Panjang 871.233.891.065 979.358.140.242 Total Non-Current Liabilities TOTAL LIABILITAS 1.347.852.703.412 1.376.044.230.936 TOTAL LIABILITIES EKUITAS EQUITY Modal saham Capital stock Modal dasar - 8.000.000.000 Authorized - 8,000,000,000 saham pada tanggal-tanggal shares as of September 30, 2013 30 September 2013 dan and December 31, 2012 31 Desember 2012 dengan nilai par value Rp100 per share nominal Rp100 per saham Modal ditempatkan dan disetor penuh - 3.397.500.000 Issued and fully paid - saham pada tanggal-tanggal 3,397,500,000 shares as of 30 September 2013 dan September 30, 2013 and 31 Desember 2012 339.750.000.000 17 339.750.000.000 December 31, 2012 Tambahan modal disetor 374.948.865.468 2l,18 374.948.865.468 Additional paid-in capital Saldo laba 17 Retained earnings Dicadangkan 1.000.000.000 Appropriated Belum dicadangkan 77.321.391.360 18.271.020.807 Unappropriated Ekuitas yang Dapat Diatribusikan Equity Attributable to the Owners kepada Pemilik Entitas Induk 793.020.256.828 732.969.886.275 of the Parent Entity Kepentingan non-pengendali (14.795.195) 17 (15.809.248) Ekuitas - Neto 793.005.461.633 732.954.077.027 Equity - Net TOTAL LIABILITAS DAN EKUITAS 2.140.858.165.045 2.108.998.307.963 TOTAL LIABILITIES AND EQUITY Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial merupakan bagian yang tidak terpisahkan dari laporan statements form an integral part of keuangan konsolidasian secara keseluruhan. these consolidated financial statements taken as a whole. 2 The original consolidated financial statements included herein are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAK AND SUBSIDIARIES LAPORAN LABA RUGI KOMPREHENSIF CONSOLIDATED STATEMENTS OF KONSOLIDASIAN COMPREHENSIVE INCOME Enam Bulan yang Berakhir pada Tanggal-tanggal Nine Months Ended 30 September 2013 dan 2012 September 30, 2013 and 2012 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) 30 September 2013/ Catatan/ 30 September 2012/ September 30, 2013 Notes September 30, 2012 PENDAPATAN 752.338.223.388 2e,2j,2m,6,19 571.137.791.023 REVENUE BEBAN POKOK PENDAPATAN (502.682.628.227) 2e,2m,6,20 (381.303.307.618) COST OF REVENUE LABA BRUTO 249.655.595.161 189.834.483.405 GROSS PROFIT Beban penjualan (3.596.756.104) 2m,21 (3.898.980.234) Selling expenses General and Beban umum dan administrasi (88.595.134.181) 2m,2n,22,25 (70.298.921.758) administrative expenses Beban operasi lainnya - - Other operating expenses Pendapatan operasi lainnya 4.826.386.105 23 5.649.539.742 Other operating income Gain on Laba pelepasan aset tetap 261.179.593 2h,9 (1.150.519.083) disposal of fixed assets Laba selisih kurs, neto (8.875.591) 2.998.843 Foreign exchange gain, net LABA OPERASI 162.542.394.983 120.138.600.915 INCOME FROM OPERATIONS Beban keuangan (84.680.593.382) 24 (100.095.373.172) Finance charges Pendapatan keuangan 3.087.586.236 2e,6,24 202.926.931 Finance income LABA SEBELUM BEBAN PAJAK 80.949.387.837 20.246.154.674 BEBAN PAJAK TAX EXPENSE Kini (563.313.483) (252.120.500) Current Tangguhan (20.334.689.749) 2p,15 (7.106.008.091) Deferred TOTAL BEBAN PAJAK (20.898.003.232) (7.358.128.591) TOTAL TAX EXPENSE LABA TAHUN BERJALAN 60.051.384.605 12.888.026.083 INCOME FOR THE YEAR Pendapatan komprehensif lain - - Other comprehensive income TOTAL LABA KOMPREHENSIF TOTAL COMPREHENSIVE TAHUN BERJALAN 60.051.384.605 12.888.026.083 INCOME FOR THE YEAR Laba tahun berjalan Income for the year yang dapat diatribusikan kepada: attributable to: Pemilik entitas induk 60.050.370.552 12.888.697.955 The owners of the parent entity Kepentingan non-pengendali 1.014.053 (671.872) Non-controlling interests Total 60.051.384.605 12.888.026.083 Total Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial merupakan bagian yang tidak terpisahkan dari laporan statements form an integral part of keuangan konsolidasian secara keseluruhan. these consolidated financial statements taken as a whole. 3 The original consolidated financial statements included herein are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAK AND SUBSIDIARIES LAPORAN LABA RUGI KOMPREHENSIF CONSOLIDATED STATEMENTS OF KONSOLIDASIAN (lanjutan) COMPREHENSIVE INCOME (continued) Enam Bulan yang Berakhir pada Tanggal-tanggal Nine Months Ended 30 September 2013 dan 2012 September 30, 2013 and 2012 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) 30 September 2013/ Catatan/ 30 September 2012/ September 30, 2013 Notes September 30, 2012 Total laba komprehensif Total comprehensive income tahun berjalan yang for the year dapat diatribusikan kepada: attributable to: Pemilik entitas induk 60.050.370.552 12.888.697.955 The owners of the parent entity Kepentingan non-pengendali 1.014.053 (671.872) Non-controlling interests Total 60.051.384.605 12.888.026.083 Total LABA PER SAHAM DASAR DARI BASIC EARNINGS PER LABA TAHUN BERJALAN YANG SHARE FROM INCOME FOR DAPAT DIATRIBUSIKAN THE YEAR ATTRIBUTABLE KEPADA PEMILIK ENTITAS TO THE OWNERS OF THE INDUK 12 2s 71.001 PARENT ENTITY Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial merupakan bagian yang tidak terpisahkan dari laporan statements form an integral part of keuangan konsolidasian secara keseluruhan. these consolidated financial statements taken as a whole. 4 The original consolidated financial statements included herein are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAK AND SUBSIDIARIES LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY Enam Bulan yang Berakhir pada Tanggal Nine Months Ended September 30, 2013 and 2012 30 September 2013 dan 2012 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) Ekuitas yang dapat diatribusikan kepada pemilik entitas induk/ Equity attributable to the owners of the parent entity –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– Uang Muka Saldo Laba/Retained Earning Tambahan Setoran Modal/ –––––––––––––––––––––––––––––– Kepentingan modal disetor/ Advance for Belum Non-pengendali/ Catatan/ Modal Saham/ Additional Capital Dicadangkan/ Dicadangkan/ Sub-total/ Non-controlling Ekuitas, neto/ Notes Share capital paid-in capital Subscription Appropriated Unappropriated Sub-total Interest Equity, net ––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– Saldo per Balance as of 153.750.000.000 - 50.000.000.000 - (11.181.751.896) 192.568.248.104 (17.297.571) 192.550.950.533 1 Januari 2012 January 1, 2012 Reklasifikasi dari Reclassification of uang muka setoran advance for capital modal ke modal subscription to capital saham 18 50.000.000.000 - (50.000.000.000) - - - - - stock Bagian kepentingan Non-controlling interest non-pengendali portion due to akibat pendirian establishment of a entitas anak - - - - - - 1.000.000 1.000.000 subsidiary Total laba Total comprehensive komprehensif untuk income for enam bulan yang nine months berakhir pada tanggal ended 30 September 2012 - - - - 12.887.354.215 12.887.354.215 671.868 12.888.026.083 September 30, 2012 –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– Saldo per Balance as of 30 September 2012 203.750.000.000 - - - 1.705.602.319 205.455.602.319 (15.625.703) 205.439.976.616 September 30, 2012 ═══════════ ═══════════ ═══════════ ═══════════ ═══════════ ═══════════ ═══════════ ═══════════ Saldo per 339.750.000.000 374.948.865.468 - - 18.271.020.807 732.969.886.275 (15.809.248) 732.954.077.027 Balance as of January 1 Januari 2013 1, 2013 Total laba Total comprehensive komprehensif untuk income for enam bulan yang nine months berakhir pada tanggal ended 30 September 2013 - - - 1.000.000.000 59.050.370.553 60.050.370.553 1.014.053 60.051.384.606 September 30, 2013 –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– –––––––––––––– Saldo per Balance as of 30 September 2013 339.750.000.000 374.948.865.468 - 1.000.000.000 77.321.391.360 793.020.256.828 (14.795.195) 793.005.461.633 September 30, 2013 ═══════════ ═══════════ ═══════════ ═══════════ ═══════════ ═══════════ ═══════════ ═══════════ Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian yang tidak The accompanying notes to the consolidated financial statements form an integral part of terpisahkan dari laporan keuangan konsolidasian secara keseluruhan. these consolidated financial statements taken as a whole. 5 The original consolidated financial statements included herein are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAK AND SUBSIDIARIES LAPORAN ARUS KAS KONSOLIDASIAN CONSOLIDATED STATEMENTS OF CASH FLOWS Enam bulan yang Berakhir pada Tanggal-tanggal Nine Months Ended 30 September 2013 dan 2012 September 30, 2013 and 2012 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) 30 September 2013/ Catatan/ 30 September 2012/ September 30, 2013 Notes September 30, 2012 ARUS KAS DARI AKTIVITAS CASH FLOWS FROM OPERASI OPERATING ACTIVITIES Penerimaan kas dari pelanggan 687.315.746.431 541.971.218.033 Cash receipts from customers Pembayaran kas kepada pemasok (320.148.758.679) (224.823.618.795) Cash paid to suppliers Pembayaran kas kepada karyawan (118.679.872.904) (81.303.299.578) Cash paid to employees Proceeds from sales of used Hasil penjualan kendaraan bekas 172.571.229.226 107.734.954.531 vehicles inventory Pembelian aset tetap - Purchases of fixed assets - kendaraan sewa (542.461.035.283) (399.066.252.403) leased vehicles Pembelian persediaan kendaraan Purchases of used vehicles bekas (498.959.325) (18.086.661.996) inventory Kas digunakan untuk aktivitas Cash used in operating operasi (121.901.650.534) (73.573.660.208) activities Penerimaan dari: Receipts of: Penghasilan bunga 3.959.533.284 202.890.518 Interest income Klaim pengembalian pajak (1.550.151.266) - Claim for Tax Refund Pembayaran pajak (6.769.149.349) (4.458.211.453) Payments for taxes Pembayaran imbalan karyawan - - Payments of employee benefits Kas neto digunakan untuk Net cash used in aktivitas operasi (126.261.417.865) (77.828.981.143) operating activities ARUS KAS DARI AKTIVITAS CASH FLOWS FROM INVESTASI INVESTING ACTIVITIES Hasil penjualan aset tetap 1.231.668.432 9 1.651.750.449 Proceeds from sale of fixed assets Pembelian aset tetap (45.438.801.665) (47.025.956.667) Acquisition of fixed assets Kas neto digunakan untuk Net cash used in aktivitas investasi (44.207.133.233) (45.374.206.218) investing activities ARUS KAS DARI AKTIVITAS CASH FLOWS FROM PENDANAAN FINANCING ACTIVITIES Penerimaan setoran modal Receipt for Capital Subscription Entitas anak 1.000.000 on subsidiary Penambahan pinjaman jangka panjang 132.314.728.084 372.002.609.343 Proceeds from long-term debts Penambahan pinjaman jangka pendek 128.107.072.004 10.695.048.594 Proceeds from short-term loans Penerimaan utang promes - 8.000.000.000 Receipt of promissory notes payable Pembayaran pinjaman jangka panjang (269.648.317.827) (154.542.368.917) Payments of long-term debts Pembayaran pinjaman jangka pendek (30.955.453.156) (7.552.700.387) Payments of short-term loans Pembayaran utang promes - - Payment of promissory notes payable Pembayaran beban keuangan (83.600.692.392) (98.606.660.505) Payments of finance charges Kas neto diperoleh dari Net cash provided by aktivitas pendanaan (123.782.663.287) 129.996.928.128 financing activities Effect of foreign exchange Pengaruh penjabaran kurs mata translation on cash and uang asing atas kas dan setara kas 4.016.077 692.895 cash equivalents KENAIKAN NETO NET INCREASE IN KAS DAN SETARA KAS (294.247.198.308) 6.794.433.662 CASH AND CASH EQUIVALENTS KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS AWAL TAHUN 315.567.715.027 9.739.127.939 AT BEGINNING OF YEAR KAS DAN SETARA KAS CASH AND CASH EQUIVALENTS AKHIR TAHUN 21.320.516.719 4 16.533.561.601 AT END OF YEAR Catatan atas laporan keuangan konsolidasian terlampir The accompanying notes to the consolidated financial merupakan bagian yang tidak terpisahkan dari laporan statements form an integral part of keuangan konsolidasian secara keseluruhan. these consolidated financial statements taken as a whole. 6