O Ur C Ommitmen T to a Chie V E EX CELLENT PERFORM ANCE
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LAPORAN TAHUNAN | 2016 | Annual REport MAHAKA RADIO INTEGRA Our Commitment to Achieve EXCELLENT PERFORMANCE EXCELLENT Achieve to Our Commitment MAHAKA RADIO INTEGRA LAPORAN TAHUNAN Annual Report PT Mahaka Radio Integra Tbk Menara Imperium Lt. P11 Metropolitan Kuningan Super Blok Kav. No. 1 Jl. HR Rasuna Said, Jakarta 12980 2016 Telp : +62-21 8370 7171 Fax : +62-21 8370 7172 www.mari.co.id MAHAKA RADIO INTEGRA Our Commitment to Achieve EXCELLENT 2016 PERFORMANCE LAPORAN TAHUNAN . 2016 . ANNUAL REPORT 01 KILAS KINERJA Flashback Performance 07 LAPORAN MANAJEMEN Management Report 15 PROFIL PERUSAHAAN Company Profile 31 ANALISIS DAN PEMBAHASAN MANAJEMEN Management Discussion and Analysis 45 TATA KELOLA PERUSAHAAN Good Corporate Governance 69 LAPORAN KEUANGAN Financial Statements Sanggahan dan Laporan tahunan ini memuat pernyataan kondisi keuangan, hasil operasi, proyeksi, rencana, strategi, kebijakan, serta tujuan Perseroan, yang digolongkan sebagai pernyataan ke depan dalam pelaksanaan Batasan Tanggung perundang-undangan yang berlaku, kecuali hal-hal yang bersifat historis. Pernyataan-pernyataan Jawab tersebut memiliki prospek risiko, ketidakpastian, serta dapat mengakibatkan perkembangan aktual secara material berbeda dari yang dilaporkan. Pernyataan-pernyataan prospektif dalam laporan tahunan ini dibuat berdasarkan berbagai asumsi mengenai kondisi terkini dan kondisi mendatang Perseroan serta Disclaimer lingkungan bisnis di mana Perseroan menjalankan kegiatan usaha. Perseroan tidak menjamin bahwa dokumen-dokumen yang telah dipastikan keabsahannya akan membawa hasil-hasil tertentu sesuai harapan. Laporan tahunan ini memuat kata “Perseroan” yang didefinisikan sebagai PT Mahaka Radio Integra Tbk yang menjalankan bisnis dalam bidang investasi, jasa konsultasi, dan digital media dengan Entitas Anak di bidang radio. Adakalanya kata “MARI” dan “kami” juga digunakan atas dasar kemudahan untuk menyebut PT Mahaka Radio Integra Tbk secara umum. This annual report contains financial condition, operation results, projections, plans, strategies, policy, as well as the Company’s objectives, which is classified as forward-looking statements in the implementation of the applicable laws, excluding historical matters. Such forward-looking statements are subject to known and unknown risks (prospective), uncertainties, and other factors that could cause actual results to differ materially from expected results. Prospective statements in this annual report are prepared based on numerous assumptions concerning current conditions and future events of the Company and the business environment where the Company conducts business. The Company shall have no obligation to guarantee that the entire valid document presented will bring specific results as expected. This annual report contains the word “Company” hereinafter referred to PT Mahaka Radio Integra Tbk, as the company that runs business in investment, consulting service and digital media, with Subsidiaries in radio industry. At times, the words “MARI” and “us/our” are used to simply refer to PT Mahaka Radio Integra Tbk in general. MAHAKA RADIO INTEGRA 01 KILAS KINERJA Flashback Performance PT Mahaka Radio Integra Tbk 1 Laporan Tahunan 2016 Annual Report Kilas Kinerja 2016 MAHAKA RADIO INTEGRA 2016 Flashback Performance Jejak Langkah Milestone JAK 101 fm Jakarta pertama kali GEN fm mencapai beroperasi di bawah PT Suara GEN 98.7 fm Jakarta mendapatkan 4.148.000 pendengar dan Irama Indah. penghargaan The Best in Experential mempertahankan posisinya GEN 98.7 fm Jakarta di bawah PT Marketing dari Marketing Award. sebagai radio Nomor 1 di Radio Attahiriyah pertama kali Jakarta. beroperasi di Jakarta. GEN 98.7 fm Jakarta was awarded The Best in Experiential Marketing GEN fm reached 4,148,000 JAK 101 fm operated for the first from Marketing Award. listeners and maintained its time under PT Suara Irama Indah. position as the number one Under PT Radio Attahiriyah, GEN radio in Jakarta. 98.7 fm operates for the first time in Jakarta. 2007 2008 2009 2010 2011 GEN 98.7 fm Jakarta mendapatkan penghargaan The Phenomenal Radio Station dari Majalah Rolling Stone Indonesia. PT Radio Attahiriyah mengakuisisi PT Radio Camar dan diubah menjadi GEN 103.1 fm GEN 98.7 fm Jakarta Surabaya. was awarded The GEN 98.7 fm Jakarta mendapatkan Phenomenal Radio penghargaan sebagai Pelopor Program Station from the Rolling Unik dan Fenomenal dari Indonesian Radio Stone Indonesia Awards magazine. PT Radio Attahiriyah acquired PT Radio Camar and changed it into GEN 103.1 fm Surabaya. GEN 98.7 fm Jakarta was awarded the Pioneer of Unique and Phenomenal Program from the Indonesian Radio Awards. 2 PT Mahaka Radio Integra Tbk Laporan Tahunan 2016 Annual Report Kilas Kinerja 2016 2016 Flashback Performance MAHAKA RADIO INTEGRA GEN 98.7 fm Jakarta mendapatkan penghargaan Favourite Radio Show dari Yahoo! OMG Awards. GEN 98.7 fm Jakarta mendapatkan penghargaan Brand Radio Favorit dari Marketeers Netizen Award. JAK 101 fm Jakarta mendapatkan nominasi penghargaan Brand Radio Favorit dari Marketeers Netizen Award. JAK 101 fm dan GEN 98.7 fm Jakarta dan GEN 103.1 Surabaya menjadi radio lokal pertama yang meluncurkan aplikasi radio streaming untuk Windows Mobile 8 MARI menjadi grup radio pertama yang berhasil GEN 98.7 fm Jakarta was awarded the Favorite Radio mencatatkan saham di Bursa Efek Indonesia. Show from Yahoo! OMG Awards. Nusantara Radio Holdings Limited (NRHL) telah memperoleh GEN 98.7 fm Jakarta was awarded as the Favorite kepemilikan saham atas MARI sebesar 10.23% yang Radio Brand from Marketeers Netizen Award. sebelumnya dimiliki oleh PT Fajar Mentari JAK 101 fm was nominated as the Favorite Radio Dua bulan setelah IPO, MARI membagikan Dividen Brand from Marketeers Netizen Award. JAK 101 fm and GEN 98.7 fm Jakarta and GEN 103.1 MARI became the first radio group that successfully listed its fm Surabaya were the first local radios to launch a shares to Indonesia Stock Exchange. streaming radio application for Windows Mobile 8. Nusantara Radio Holdings Limited (NRHL) has obtained shares ownership on MARI amounted to 10,23% which previously owned by PT Fajar Mentari Two months after IPO, MARI distributed Dividents 2012 2013 2015 2016 GEN 98.7 fm Jakarta mendapatkan penghargaan Radio Lokal (Jakarta) Favorit dan Radio Online Favorit dari Marketeers Netizen Award. Perseroan melakukan JAK 101 fm Jakarta dan GEN restrukturisasi, PT Mahaka 98.7 fm Jakarta dan GEN 103.1 Radio Integra Tbk (MARI) fm Surabaya menjadi radio lokal berdiri. Indonesia pertama yang memiliki PT Suara Irama Indah, PT aplikasi radio streaming untuk iOS, Radio Attahiriyah dan PT Android, Blackberry, dan Facebook. Radio Camar menjadi Entitas Anak MARI. GEN 98.7 fm Jakarta was awarded the Favorite Local (Jakarta) Radio Restructuring the Company, and Favorite Online Radio from PT Mahaka Radio Integra Tbk Marketeers Netizen Award. (MARI) was established JAK 101 fm and GEN 98.7 fm PT Suara Irama Indah, PT Jakarta and GEN 103.1 Surabaya Radio Attahiriyah and PT became the first Indonesian local Radio Camar became the radios that have radio streaming Subsidiaries of MARI. applications for iOS, Android, Blackberry, and Facebook. PT Mahaka Radio Integra Tbk 3 Laporan Tahunan 2016 Annual Report Kilas Kinerja 2016 MAHAKA RADIO INTEGRA 2016 Flashback Performance IKHTISAR KEUANGAN Financial Highlight Dalam Miliar Rupiah / In billion Rupiah Keterangan / Description 2014 2015 2016 LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME PENDAPATAN BERSIH / NET REVENUE 95,05 101,99 111,65 BEBAN USAHA / OPERATING EXPENSE Laba atas restrukturisasi / Restructuring income - 6,51 - Laba (rugi) selisih kurs – bersih / Gain (loss) on foreign exchange – net 0,02 0,06 (0,02) Beban umum dan administrasi / General and administrative expense (54,83) (54,24) (54,32) Beban penyisihan penurunan nilai atas piutang / Provision for impairment of accounts receivable (0,25) (2,87) (3,50) Beban program dan siaran / Program and broadcasting expense (0,59) (0,43) (0,44) Pendapatan/(beban) lain-lain bersih / Other Income /(Expense) – net (0,44) (0,53) 2,21 Jumlah Beban Usaha / Total Operating Expense (56,09) (51,50) (56,07) Laba (Rugi) Usaha / Operating Gain (Loss) 38,97 50,49 55,58 Pendapatan keuangan / Financial income 9,29 7,22 5,00 Beban keuangan / Financial expense (9,00) (6,97) (2,95) Laba Sebelum Pajak Penghasilan / Income Before Income Tax Expense 39,26 50,74 57,63 Pajak Penghasilan / Tax expense (9,91) (11,26) (15,03) Laba Tahun Berjalan Setelah Penyesuaian Performa / Current Year Profit after Proforma Adjustment 29,34 39,48 42,60 Penyesuaian Proforma / Proforma Adjustment (13,10) (7,27) - Laba Tahun Berjalan / Profit of the year 16,24 32,21 42,60 Penghasilan Komprehensif Lain / Other Comprehensive Income (0,12) (0,07) 0,08 Jumlah Penghasilan Komprehensif tahun berjalan / Total Comprehensive Income of the Year 16,12 32,14 42,68 Laba (Rugi) Tahun berjalan Yang Dapat Diatribusikan Kepada / Gain (loss) of the year Attributable to Pemilik Entitas Induk / Controlling Interest 16,24 32,21 42,60 Kepentingan Non-Pengendali / Non-Controlling Interest - - - Laba Tahun berjalan / Profit of the Year 16,24 32,21 42,60 Jumlah Penghasilan Komprehensif Tahun Berjalan Yang Dapat Diatribusikan Kepada / Total Comprehensive Income Attributable to: Pemilik Entitas Induk / Controlling Interest 16,12 32,14 42,68 Kepentingan Non-Pengendali / Non-Controlling Interest - - - Jumlah Penghasilan Komprehensif Tahun Berjalan /