PT Permata Graha Nusantara (99,95%) Discussion
Total Page:16
File Type:pdf, Size:1020Kb
33 PT Perusahaan Gas Negara Tbk Annual Report 2019 Annual Report 2019 PT Perusahaan Gas Negara Tbk 34 03 COMPANY PROFILE Contributing to the Country. The Company’s footsteps, which were built from the colonial era to the role of Subholding Gas, prove that the Company can answer the challenges of the times. 33 PT PerusahaanGasNegaraTbkAnnualReport2019 Overview Performance to The Report Shareholders Profile Company Discussion and Analysis Management Governance Good Corporate Annual Report 2019 PT Perusahaan Gas Negara Tbk Annual Report2019PTPerusahaanGasNegaraTbk Responsibility Corporate Social and Environmental Financial Statements Consolidated Regulatory Cross Reference 34 35 PT Perusahaan Gas Negara Tbk Annual Report 2019 Annual Report 2019 PT Perusahaan Gas Negara Tbk 36 PT PERUSAHAAN GAS NEGARA AT A GLANCE NAME AND DOMICILE OF STOCK CODE THE COMPANY Indonesia Stock Exchange: PGAS. PT Perusahaan Gas Negara Tbk dan Berdomisili di Jakarta. Name change of PT Perusahaan Gas Negata (Persero) Tbk to PT Perusahaan Gas Negara Tbk was formally occurred on April 26th, 2018. This was occurred due to the transfer of all B Series shares owned by the Republic of Indonesia in PGN to PT Pertamina (Persero). OWNERSHIP DATE OF The Republic of Indonesia: 0%, 1 Series A ESTABLISHMENT Dwiwarna Shares. May 13, 1965. PT Pertamina (Persero): 56,96%, 13,809,038,755 Series B Shares. Public: 43,04%, 10,432,469,440 Series B Shares. 35 PT Perusahaan Gas Negara Tbk Annual Report 2019 Annual Report 2019 PT Perusahaan Gas Negara Tbk 36 Overview Performance to The Report Shareholders LEGAL BASIS OF AUTHORIZED CAPITAL ESTABLISHMENT Rp7,000,000,000,000 (seven trillion Rupiah). Government regulation No.19/1965 Profile concerning the Disbanding of Badan Pimpinan Company Umum Perusahaan Listrik Negara and the Establishment of Perusahaan Listrik Negara (P.L.N.) and Perusahaan Gas Negara (P.G.N.). Discussion and Analysis Management ISSUED AND FULLY PAID UP LISTING IN STOCK EXCHANGE Governance CAPITAL The shares of the Company have been listed Good Corporate Rp2,424,150,819,600 (two trillion four on the Jakarta Stock Exchange and the hundred twenty four million one hundred Surabaya Stock Exchange on December 15, fifty million eight hundred nineteen thousand 2003. six hundred Rupiah). Responsibility Corporate Social and Environmental www.pgn.co.id Perusahaan Gas Negara Financial Statements Consolidated @gas_negara 1500 645 COMPANY ADDRESS Headquarters Address: Jl. KH. Zainul Arifin No. 20, @Gas_Negara [email protected] Krukut, Tamansari, West Jakarta, DKI Jakarta PGNenergibaik Correspondence Address: The Manhattan Square, Mid Tower, 26th Floor. Jl. TB Simatupang Kav. 1S South Regulatory Jakarta 12560, DKI Jakarta Cross Reference 37 PT Perusahaan Gas Negara Tbk Annual Report 2019 Annual Report 2019 PT Perusahaan Gas Negara Tbk 38 THE COMPANY’S LOGO 1859 - 1965 1965 - 1994 The Logo that was used when the Company Represent the nature of gas utility service, with was still named the L.J.N. Eindhoven & earth as its source and the Company’s mission CO Gravenhage. in production, installation, transmission and distribution. 1994 - 2003 2003 - 2011 A fire flame that represents a dynamic, spirit, Reflected the globally oriented vision of the and innovation which were the determination Company, namely, to become the leading public of the Company in providing its services. The Company in the field of the natural gas provider. black circle represent earth and also pipe as the The writing of “Gas Negara” is an integral part of facility to deliver natural gas. the logo as it implies the nature of the Company that is dynamic and continues to grow. 2011 - 2018 PGN’s logo symbolizes fire consisted of five elements that represented five main stakeholders, namely consumers, investors, employees, the state and PGN itself. 37 PT Perusahaan Gas Negara Tbk Annual Report 2019 Annual Report 2019 PT Perusahaan Gas Negara Tbk 38 Overview Performance to The Report Shareholders A member of Pertamina Profile Company 2018 - NOW PGN’s logo symbolizes fire consisted of five elements that represented five main stakeholders, namely consumers, investors, employees, the state and PGN itself. The fire has three-dimension nuance that implies a Company that is fully integrated which goes beyond natural gas transportation and trading business to provide comprehensive energy solutions for consumers. The degraded blue color represented Discussion and Analysis Management the movement, growth, and ability to adapt. PGN Corporate brand is a symbol that represents PGN to the world. Therefore, it is very important to maintain and establish the value of that corporate brand. The corporate brand also serves as an affirmation so that the use of PGN’s name always consistent, that is called as PGN and not with other names such as PGAS or Perusahaan Gas Negara. Governance Good Corporate TAGLINE “ENERGY” Responsibility Identify the important role of PGN which is not only engaged in the area of gas distribution but also Corporate Social and Environmental participates in the crucial energy supply. “FOR LIFE” Signifying the important role run by PGN through the natural gas in moving and improving the quality of life in Indonesia ranging from cooking for daily meals to powering the power plant. Oriented to the future, Financial Statements confirming the commitment of PGN to the long-term sustainable energy security for consumers, providing Consolidated the reliable innovative energy solution for long-term planning. “A MEMBER OF PERTAMINA” Signifying PGN’s position as part of Pertamina is in line with the government’s initiative to form an Oil and Regulatory Gas Holding. Cross Reference 39 PT Perusahaan Gas Negara Tbk AnnualLaporan Report Tahunan 2019 2019 Annual Report 2019 PT Perusahaan Gas Negara Tbk 40 THE COMPANY’S BRIEF HISTORY 1859 FIRMA L.J.N. EINDHOVEN & CO GRAVENHAGE The Company was firstly founded by 1950 the Eindhoven family. NV OVERZEESE GAS EN ELECTRICITEIT MAATSCHAPPIJ (NV OGEM) 1863 The Dutch government operated 11 gas plants and 33 power plants, NV NETHERLAND INDISCHE GAS thereby combined NIGM and Dutch Government power companies and MAATSCHAPPIJ (NIGM) changed the Company’s name to NV The Dutch government took over OGEM. Eindhoven family’s business and changed the Company name. In 1879, NIGM operated two gas plants in Jakarta and Surabaya. 1958 BADAN PENGAMBIL ALIH PERUSAHAAN-PERUSAHAAN LISTRIK DAN GAS (BP3LG) The Indonesian government 1961 nationalized foreign companies. BADAN PIMPINAN UMUM PERUSAHAAN LISTRIK NEGARA (BPU-PLN) Consolidation of State gas and electric companies. 39 PT Perusahaan Gas Negara Tbk Annual Report 2019 AnnualLaporan Report Tahunan 2019 2019 PT PT Perusahaan Perusahaan Gas Gas Negara Negara Tbk Tbk 40 Kinerja Ikhtisar Overview Keuangan Performance to The Report Shareholders Laporan Kepada Pemegang Saham 1984 1994 PERUSAHAAN UMUM GAS PT PERUSAHAAN GAS NEGARA NEGARA (PERSERO) The form of business is Changed Profil The change in the status of the Profile into Public Company (Perum). Company was accompanied by Company the addition of a broader scope Perusahaan of business that was in addition to the distribution of natural gas PGN also took part in the transmission field, where PGN served as a transporter. Discussion Manajemen Analisis dan and Analysis Pembahasan Management 1965 2003 PERUSAHAAN GAS NEGARA PT PERUSAHAAN GAS NEGARA Tata Kelola Perusahaan On May 13, 1965, pursuant to Governance (PERSERO) TBK Government Regulation No. 19 of Good Corporate The shares of PGN have been listed 1965, PGN was designated as a in the Jakarta Stock Exchanges and State Enterprise. the Surabaya Stock Exchange on December 15, 2003 with the trading transaction code ”PGAS”. Perusahaan Responsibility Tanggung Jawab Corporate Social 2018 and Environmental Sosial Dan Lingkungan PT PERUSAHAAN GAS NEGARA TBK On April 11, 2018, based on Government Regulation Number 6 of 2018, Government diverts 56.96% of series B shares to Laporan Financial Pertamina. In line with the initiative Keuangan Statements establishment of Oil and Gas Holding and Consolidated PGN as Gas Subholding. Referensi Regulatory Cross Reference 41 PT Perusahaan Gas Negara Tbk AnnualLaporan Report Tahunan 2019 2019 Annual Report 2019 PT Perusahaan Gas Negara Tbk 42 THE COMPANY’S BUSINESS DEVELOPMENT MILESTONE 1998 2003 PGN succeeded In completing the Completion of Grissik – Batam - Singapore Transmission pipeline of Grissik- Duri transmission pipeline network, which is followed by the establishment of a the first downstream natural gas pipeline Subsidiary in the field of transmission, that crosses national borders. This namely PT Transportasi Gas Indonesia transmission pipeline is operated by PT (TGI) in 2002, which will operate the Transportasi Gas Indonesia. transmission pipeline. 2007 On October 25, 2007, PGN successfully completed the South 2009 Sumatra West Java Transmission Pipeline consisting of SSWJ I with To optimize the power and competence Pagardewa – Bojonegara Gas Receiving Station Section and the that have been built over the years by gas transmission pipeline of SSWJ II Grissik – Pagardewa segment utilizing the future business development was inaugurated by the Minister of State-Owned Enterprises opportunities, PGN re-established a (SOE). In the same year, PGN established a subsidiary Company subsidiary Company with a name of that engages in the telecommunication industry, namely PT PGAS PT PGAS Solution that relates with Telekomunikasi Nusantara (PGASCOM). PGASCOM manages engineering, operation, and maintenance, the