PT Adi Sarana Armada Tbk dan Entitas Anaknya/and its Subsidiaries Laporan keuangan konsolidasian (tidak diaudit) tanggal 30 Juni 2018 dan untuk enam bulan yang berakhir pada tanggal tersebut Consolidated financial statements (unaudited) as of June 30, 2018 and for six months then ended The original consolidated financial statements included herein are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL STATEMENTS TANGGAL 30 JUNI 2018 DAN UNTUK AS OF JUNE 30, 2018 ENAM BULAN YANG BERAKHIR PADA AND SIX MONTHS ENDED TANGGAL TERSEBUT Daftar Isi Table of Contents Halaman/ Page Laporan Posisi Keuangan Konsolidasian ……………… 1-2 ……. Consolidated Statement of Financial Position Laporan Laba Rugi dan Penghasilan Komprehensif Consolidated Statement of Profit or Loss and Lain Konsolidasian………………………………….. 3-4 ……………… …..Other Comprehensive Income Laporan Perubahan Ekuitas Konsolidasian …………… 5-6 …….Consolidated Statement of Changes in Equity Laporan Arus Kas Konsolidasian ……………………… 7 …………… Consolidated Statement of Cash Flows Catatan Atas Laporan Keuangan Konsolidasian……… 8-78 …Notes to the Consolidated Financial Statements *************************** The original consolidated financial statements included here in are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF KONSOLIDASIAN FINANCIAL POSITION Tanggal 30 Juni 2018 As of June 30, 2018 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) 30 Juni 2018/ Catatan/ 31 Desember 2017/ June 30, 2018 Notes December 31, 2017 ASET ASSETS ASET LANCAR CURRENT ASSETS Kas dan setara kas 64.690.002.676 2c,2r,4,30 84.903.045.576 Cash and cash equivalents Piutang usaha 2r,5,30 Trade receivables Pihak ketiga 244.715.874.839 207.492.262.301 Third parties Pihak berelasi 41.267.700 2e,6 40.458.000 Related party Piutang lain-lain 2r,30 Other receivables Pihak ketiga 5.245.856.702 4.399.066.107 Third parties Pihak berelasi - 2e,6 1.000.000 Related party Pendapatan yang belum ditagih 3.157.519.490 2n,2r,30 4.261.344.942 Unbilled revenues Persediaan 36.027.483.109 2g,2i,7 26.730.885.159 Inventories Biaya dibayar di muka dan Prepaid expenses and uang muka lainnya 66.570.602.781 2h,8 15.848.917.772 other advances Pajak Dibayar di muka 16.133.030.707 2q - Prepaid Tax Total Aset Lancar 436.581.638.004 343.676.979.857 Total Current Assets ASET TIDAK LANCAR NON-CURRENT ASSETS Deposito berjangka yang dibatasi penggunaannya 474.046.356 2d,2r,30 529.677.006 Restricted time deposits Estimasi tagihan pajak penghasilan 53.472.622.227 16 66.659.531.330 Estimated claims for tax refund Aset pajak tangguhan, neto 485.046.169 2q,16 374.708.116 Deferred tax assets, net Aset tetap, neto 2.778.687.461.152 2i,9 2.764.780.686.533 Fixed assets, net Uang muka pembelian Advances for purchase of fixed aset tetap 143.342.605.971 9 116.622.150.903 assets Aset takberwujud, neto 8.292.022.505 2k,10 5.650.919.297 Intangible assets, net Aset lain-lain 2.920.792.631 2r,30 9.102.265.513 Other assets Total Aset Tidak Lancar 2.987.674.597.011 2.963.719.938.698 Total Non-Current Assets TOTAL ASET 3.424.256.235.015 3.307.396.918.555 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 here in are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENT OF KONSOLIDASIAN (lanjutan) FINANCIAL POSITION (continued) Tanggal 30 Juni 2018 As of June 30, 2018 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) 30 Juni 2018/ Catatan/ 31 Desember 2017/ June 30, 2018 Notes December 31, 2017 LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Pinjaman jangka pendek 84.678.720.215 2r,11,30 - Short-term loan Utang usaha 2r,12,30 Trade payables Pihak ketiga 35.137.284.105 26.180.218.892 Third parties Pihak berelasi 1.385.842.624 2e,6 1.708.073.629 Related parties Utang lain-lain 2r,13,30 Other payables Pihak ketiga 84.264.607.062 70.052.870.442 Third parties Pendapatan diterima di muka 26.275.203.708 2n 26.305.388.497 Unearned revenue Biaya masih harus dibayar 15.975.427.372 2r,14,30 23.301.287.082 Accrued expenses Utang pajak 34.021.072.984 2q,16 16.114.310.952 Taxes payable Liabilitas imbalan kerja jangka Short-term employee benefits pendek 1.136.339.763 15 1.448.765.687 liability Utang jangka panjang yang akan jatuh tempo dalam Current maturities waktu satu tahun: of long-term debts: Pinjaman bank 685.794.363.938 2r,17,30 637.294.871.557 Bank loans Total Liabilitas Jangka Pendek 968.668.861.771 802.405.786.738 Total Current Liabilities LIABILITAS JANGKA PANJANG NON-CURRENT LIABILITIES Utang jangka panjang - setelah dikurangi bagian yang akan jatuh tempo Long-term debts - dalam waktu satu tahun: net of current maturities: Pinjaman bank 1.276.461.243.420 2r,17,30 1.364.688.475.786 Bank loans Liabilitas pajak tangguhan, neto 119.507.883.663 2q,16 120.032.519.590 Deferred tax liabilities, net Liabilitas imbalan kerja karyawan 40.075.950.538 2o,26 34.460.473.000 Employee benefits liability Total Liabilitas Jangka Panjang 1.436.045.077.621 1.519.181.468.376 Total Non-Current Liabilities TOTAL LIABILITAS 2.404.713.939.392 2.321.587.255.114 TOTAL LIABILITIES EKUITAS EQUITY Modal saham Capital stock Modal dasar - 8.000.000.000 Authorized -8,000,000,000 saham dengan nilai nominal shares with par value of Rp100 per saham Rp100 per share Modal ditempatkan dan disetor penuh - 3.397.500.000 Issued and fully paid - saham 339.750.000.000 18 339.750.000.000 3,397,500,000 shares Tambahan modal disetor 374.948.865.468 1f,2m,19 374.948.865.468 Additional paid-in capital Saldo laba Retained earnings Telah ditentukan penggunaannya Appropriated for untuk cadangan umum 6.000.000.000 18 5.000.000.000 general reserve Belum ditentukan penggunaannya 298.533.672.051 265.885.467.889 Unappropriated Ekuitas yang Dapat Diatribusikan Equity Attributable to the Owners kepada Pemilik Entitas Induk 1.019.232.537.519 985.584.333.357 of the Parent Entity Kepentingan non-pengendali 309.758.104 2b,18 225.330.084 Non-controlling interests Total Ekuitas 1.019.542.295.623 985.809.663.441 Total Equity TOTAL LIABILITAS DAN EKUITAS 3.424.256.235.015 3.307.396.918.555 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 here in are in the Indonesian language. PT ADI SARANA ARMADA Tbk PT ADI SARANA ARMADA Tbk DAN ENTITAS ANAKNYA AND ITS SUBSIDIARIES LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENT OF PROFIT OR LOSS KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME Untuk Enam Bulan yang Berakhir pada Tanggal For Six Months Ended 30 Juni 2018 June 30, 2018 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) 30 Juni 2018/ Catatan/ 30 Juni 2017/ June 30, 2018 Notes June 30, 2017 PENDAPATAN 884.752.008.316 2e,2j,2n,6,20 812.417.026.101 REVENUE BEBAN POKOK PENDAPATAN (596.882.458.399) 2e,2n,6,21 (570.471.814.416) COST OF REVENUE LABA BRUTO 287.869.549.917 241.945.211.685 GROSS PROFIT Beban penjualan (3.960.388.435) 2n,22 (3.144.999.705) Selling expenses General and Beban umum dan administrasi (114.114.690.956) 2n,23 (100.751.553.236) administrative expenses Pendapatan operasi lainnya 7.631.800.300 24 7.494.009.438 Other operating income Gain on Laba pelepasan aset tetap 599.663.219 2i,9 523.107.206 disposal of fixed assets Laba (rugi) selisih kurs, neto (3.530.178) (526.345) Foreign exchangegain (loss), net LABA OPERASI 178.022.403.867 146.065.249.043 INCOME FROM OPERATIONS Pendapatan keuangan 1.451.595.545 25 554.086.358 Finance income Pajak final (279.748.477) (55.812.753) Final tax Beban keuangan (82.273.184.675) 25 (85.890.449.399) Finance charges LABA SEBELUM BEBAN PAJAK 96.921.066.260 60.673.073.249 INCOME BEFORE TAX EXPENSE BEBAN PAJAK 2q,16 TAX EXPENSE Kini (21.533.954.397) (11.730.257.385) Current Tangguhan 337.210.781 (2.012.255.674) Deferred TOTAL BEBAN PAJAK (21.196.743.616) (13.742.513.059) TOTAL TAX EXPENSE LABA TAHUN BERJALAN 75.724.322.644 46.930.560.190 INCOME FOR THE YEAR Penghasilan komprehensif lain: Other comprehensive income: Pos yang tidak akan direklasifikasi Item that will not be reclassified ke laba rugi to profit or loss Pengukuran kembali atas Remeasurements of liabilitas imbalan kerja karyawan (1.520.453.662) 26 (1.004.517.199) employee benefit liability Pajak penghasilan terkait pos yang Income tax relating to item that tidak akan direklasifikasi ke will not be reclassified to laba rugi 297.763.200 16 219.508.789 profit or loss Penghasilan Other comprehensive komprehensif lain,setelah pajak (1.222.690.462) (785.008.410) income, net of tax TOTAL PENGHASILAN KOMPREHENSIF TOTAL COMPREHENSIVE TAHUN BERJALAN 74.501.632.182 46.145.551.780 INCOME FOR THE 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. 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 ANAKNYA AND ITS SUBSIDIARIES LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENT OF PROFIT OR LOSS KOMPREHENSIF LAIN KONSOLIDASIAN AND OTHER COMPREHENSIVE INCOME (lanjutan) (continued) Untuk Enam Bulan yang Berakhir pada Tanggal For Six Months Ended 30 Juni 2018 June 30, 2018 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) 30 Juni 2018/ Catatan/ 30 Juni 2017/ June 30, 2018 Notes June 30, 2017 Laba tahun berjalan Income for the year yang dapat diatribusikan kepada: attributable to: Pemilik entitas induk 75.641.972.450 46.897.637.772 The owners of the parent entity Kepentingan non-pengendali 82.350.194 32.922.418 Non-controlling interests Total 75.724.322.644 46.930.560.190 Total Total penghasilan komprehensif Total comprehensive income tahun berjalan yang for the year dapat diatribusikan kepada: attributable to: Pemilik entitas induk 74.418.204.162 46.115.206.522 The owners of the parent entity Kepentingan non-pengendali 83.428.020 30.345.258 Non-controlling interests Total 74.501.632.182 46.145.551.780 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 22,26 2u,28 13,80 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 ANAKNYA AND ITS SUBSIDIARIES LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Untuk Enam Bulan yang Berakhir pada Tanggal For Six Months Ended 30 Juni 2018 June 30, 2018 (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 theParent Entity Saldo Laba/Retained Earnings ––––––––––––––––––––––––––––––––––– Telah Ditentukan Modal Saham Penggunaannya Ditempatkan dan Tambahan Modal untuk Cadangan Kepentingan Disetor Penuh/ Disetor/ Umum/ Belum Ditentukan Non-Pengendali/ Catatan/ Issued and Fully Additional Paid-in Appropriated for Penggunaannya/ Sub-total/ Non-Controlling Total Ekuitas/ Notes Paid Capital Stock Capital General Reserve Unappropriated*) Sub-total Interests Total Equity ––––––– Saldo per 31 Desember 2016 339.750.000.000 374.948.865.468 4.000.000.000 184.816.937.923 903.515.803.391 112.231.887 903.628.035.278 Balance as of December 31,2016 Dividen kas 18 - - - (23.782.500.000) (23.782.500.000) - (23.782.500.000) Cash dividends Penyisihan saldo laba sebagai cadangan umum 18 - - 1.000.000.000 (1.000.000.000) - - - Appropriation forgeneral reserves Laba untuk enam bulan yang berakhir Income for six month Pada tanggal 30 Juni 2017 - - - 46.897.637.772 46.897.637.772 32.922.418 46.930.560.190 Ended June 30, 2017 Pengukuran kembali atas liabilitas imbalan kerja karyawan, setelah Remeasurements of employee dikurangi pajak - - - (782.431.250) (782.431.250) (2.577.160) (785.008.410) benefits liability, net of tax Saldo per 30 Juni 2017 339.750.000.000 374.948.865.468 5.000.000.000 206.149.644.445 925.848.509.913 142.577.145 925.991.087.058 Balance as of June 30,2017 ═════════════ ═════════════ ══════════════ ══════════════ ═════════════ ══════════════ ══════════════ *) Jumlah dalam saldo laba belum ditentukan penggunaannya termasuk pengukuran kembali atas liabilitas imbalan The amount in unappropriated retained earnings includes remeasurements of employee kerja karyawan, setelah dikurangi pajak. benefits liability, net of tax *) 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 ANAKNYA AND ITS SUBSIDIARIES LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN (lanjutan) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (continued) Untuk Enam Bulan yang Berakhir pada Tanggal For Six Months Ended 30 Juni 2018 June 30, 2018 (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 Saldo Laba/Retained Earnings ––––––––––––––––––––––––––––––––––– Telah Ditentukan Modal Saham Penggunaannya Ditempatkan dan Tambahan Modal untuk Cadangan Kepentingan Disetor Penuh/ Disetor/ Umum/ Belum Ditentukan Non-Pengendali/ Catatan/ Issued and Fully Additional Paid-in Appropriated for Penggunaannya/ Sub-total/ Non-Controlling Total Ekuitas/ Notes Paid Capital Stock Capital General Reserve Unappropriated*) Sub-total Interests Total Equity ––––––– Saldo per 31 Desember 2017 339.750.000.000 374.948.865.468 5.000.000.000 265.885.467.889 985.584.333.357 225.330.084 985.809.663.441 Balance as of December 31, 2017 Bagian kepentingan non-pengendali Non-controlling interest portion due to akibat pendirian entitas anak - - - - - 1.000.000 1.000.000 establishment of a subsidiary Dividen kas 18 - - - (40.770.000.000) (40.770.000.000) - (40.770.000.000) Cash dividends Penyisihan saldo laba sebagai cadangan umum 18 - - 1.000.000.000 (1.000.000.000) - - - Appropriation forgeneral reserves Laba untuk enam bulan yang berakhir Income for six month Pada tanggal 30 Juni 2018 - - - 75.641.972.450 75.641.972.450 82.350.194 75.724.322.644 Ended June 30, 2018 Pengukuran kembali atas liabilitas imbalan kerja karyawan, setelah Remeasurements of employee dikurangi pajak - - - (1.223.768.288) (1.223.768.288) 1.077.826 (1.222.690.462) benefits liability, net of tax Saldo per 30 Juni 2018 339.750.000.000 374.948.865.468 6.000.000.000 298.533.672.051 1.019.232.537.519 309.758.104 1.019.542.295.623 Balance as of June 30, 2018 ═════════════ ═════════════ ══════════════ ══════════════ ═════════════ ══════════════ ══════════════ *) Jumlah dalam saldo laba belum ditentukan penggunaannya termasuk pengukuran kembali atas liabilitas imbalan The amount in unappropriated retained earnings includes remeasurements of employee kerja karyawan, setelah dikurangi pajak. benefits liability, net of tax *) 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. 6