Financial Highlights
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05 06 07 Visi - Misi Jejak Langkah Ikhtisar Keuangan Vision - Mission Milestones Financial Highlights 28 30 44 Profil Direksi Analisa dan Pembahasan Manajemen Pergerakan Harga Saham dan Volume Profile of the Directors Analysis and Discussion by Management Saham Share Price and Volume Movement 58 64 72 Peristiwa Penting dan Tanggung Jawab Sosial Perusahaan Tata Kelola Perusahaan Pencapaian Corporate Social Responsibility Good Corporate Governance Significant Events and Achievements DAFTAR ISI TABLE OF CONTENTS 09 14 16 Laporan Dewan Komisaris Profil Dewan Komisaris Laporan Direksi Report from Profile of the Board of Commissioners Report from the Directors the Board of Commissioners 46 52 54 Profil Perusahaan Struktur Perusahaan Sumber Daya Manusia Company Profile Corporate Structure Human Resources Development 80 84 87 Profil dan Laporan Komite Audit Tanggung Jawab Laporan Tahunan Laporan Keuangan Konsolidasian Profile and Report from Audit Responsibility of the Annual Report Consolidated Financial Statements Committee 4 GROWTH SUSTAINABILITY BALANCE Indonesia is a developing country with an abundant supply of natural resources, a fundamentally strong and growing economy, and a tourism sector with huge potential. However, there are still many places that lack the necessary infrastructure and other supporting facilities in order to maximize their potentials. Together with local governments, strategic partners and likeminded multinationals, Jababeka would like to develop these places and build integrated, independent cities. The blueprint for this ambitious plan is Kota Jababeka, which is a matured, independent township in West Java, located 35 kilometers east of Jakarta. This city is Jababeka’s flagship development and is home to about 1,650 companies from over 30 countries and 1 million people. Kota Jababeka has been built from scratch in just 25 years with manufacturing as the key driver of growth and the multiplier effect creating new businesses and opportunities that have turned a mere industrial park to a bustling city. Kota Jababeka can be considered as one of the most successful integrated townships in Indonesia and key to this success is the synergy between high quality land development and a complete and top notch set of infrastructure. That synergy will be the basis of future city developments well. With the expertise in both land development and infrastructure, Jababeka has commenced a journey across Indonesia to find suitable partners and places where local knowledge and resources can be explored and exploited in order to build more cities that create jobs, improve education and bring welfare to the Indonesian people. Setyono Djuandi Darmono President Director PT JABABEKA TBK Laporan Tahunan 2013 5 VISI VISION Menciptakan kota modern yang mandiri di setiap propinsi di Indonesia dan menyediakan lapangan pekerjaan untuk kehidupan yang lebih baik To create self-sustained modern city in each province in Indonesia and provide employment opportunities for better life. MISI MISSION 1. Berkolaborasi dengan pemerintah setempat dan mitra strategis guna mengembangkan dan menginovasi konsep-konsep investasi yang sejalan dengan perkembangan teknologi terkini. 2. Menyediakan sumber daya manusia dan sarana fisik infrastruktur untuk mendukung pembangunan kota. 3. Aktif mempromosikan ekspansi grup kepada perusahaan multinasional 1. To collaborate with local government and strategic partners in order to develop and innovate investment concepts which are in line with the latest technological development. 2. To provide human resources and physical infrastructure facilities to support urban development. 3. To actively promote group expansion to multinational companies. PT JABABEKA TBK Annual Report 2013 6 JEJAK LANGKAH MILESTONES 2013 Dimulainya operasional komersil pembangkit listrik berkapasitas 130 MW oleh Bekasi Power 2012 Penetapan usaha bersama dengan Start Commercial Operations of 130 MW power Sembawang Corporation untuk membangun plant by Bekasi Power Kawasan Industri Kendal di Jawa Tengah Establishment of Joint Venture with Sembawang Corporation to develop Kendal Industrial Park in 2011 Central Java Jababeka mengakuisisi 1.500 hektar lahan di Tanjung Lesung, Banten 2010 Acquisition of 1.500 hectares in Tanung Lesung, Cikarang Dry Port mulai beroperasi dan Banten ditunjuk sebagai Kawasan Bea Cukai Terpadu dengan kode IDJBK Start Operations of the Cikarang Dry Port and appointment as an Intergated Customs Services 2006 Estate with international port code IDJBK Peresmian President Executive Club Official opening of President Executive Club 2003 Dimulainya pembangunan Jababeka Central Business District (CBD) Start Development of Jababeka Central 2001 Business District in Kota Jababeka Peresmian Education Park di Kota Jababeka Inauguration of Education Park in Kota Jababeka 1996 Peresmian lapangan golf, The Jababeka Golf and Country Club Inauguration of Jababeka Golf and Country Club in Kota Jababeka Jababeka mengakuisisi Menara Batavia yang terletak di kawasan CBD Jakarta Acquisition of Menara Batavia in Jakarta Central Business District (CBD) 1994 PT Jababeka Tbk menjadi pengembang Jababeka mengakuisisi 1.000 hektar lahan di kawasan industri yang pertama kali go public Cilegon, Banten di Indonesia Acquisition of 1,000 hectares in Cilegon, Banten IPO – Jababeka becomes the first publicity listed industrial estate developer in Indonesia 1992 Dimulainya pembangunan Kawasan 1989 Perumahan di Cikarang Berdirinya Perseroan dan dimulainya pembangunan kawasan industri di Cikarang Start Development of Residential Estate in Kota Jababeka Year of Establishment & Start Development of Industrial Estate in Kota Jababeka, Cikarang PT JABABEKA TBK Laporan Tahunan 2013 7 IKHTISAR KEUANGAN FINANCIAL HIGHLIGHTS Dalam Jutaan Rupiah - In Million Rupiah HASIL USAHA | OPERATING RESULTS 2009 2010 2011 2012 2013 Penjualan dan Pendapatan Usaha / 392,566 597,420 1,148,296 1,400,612 2,739,598 Sales and Service Revenue Laba Kotor / Gross Profit 163,988 249,087 613,565 860,094 1,171,467 Laba (Rugi) Bersih / Net Income (Loss) 16,369 62,124 326,131 380,022 100,896 Laba (Rugi) bersih per Saham (Rupiah) / 1.19 7.54 29.78 19.18 5.01 Earnings (Loss) per Share (Rupiah) POSISI KEUANGAN | FINANCIAL POSITION Jumlah Aset / Total Assets 3,193,997 3,335,857 5,597,357 7,077,818 8,255,167 Jumlah Pinjaman / Total Loans 1,320,468 1,258,973 1,496,783 2,046,500 2,572,356 Jumlah Kewajiban / Total Liabilities 1,582,352 1,662,894 2,095,654 3,102,417 4,069,135 Ekuitas Bersih / Net Shareholders’ Equity 1,606,455 1,668,578 3,501,702 3,975,401 4,186,032 RASIO-RASIO KEUANGAN | FINANCIAL RATIOS Tingkat Pengembalian Aktiva / Return on Assets 0.5% 1.9% 5.8% 5.4% 1.2% Tingkat Pengembalian Modal / Return on Equity 1.0% 3.7% 9.3% 9.6% 2.4% Rasio Kewajiban terhadap Ekuitas / Liabilities to Equity Ratio 98% 100% 60% 78% 97% Rasio Pinjaman terhadap Ekuitas / Loans to Equity Ratio 82% 75% 43% 51% 61% Rasio Kewajiban terhadap Aktiva / Liabilities to Asset Ratio 50% 50% 37% 44% 49% Rasio Pinjaman terhadap Aktiva / Loans to Asset Ratio 41% 38% 27% 29% 31% Marjin Laba Kotor / Gross Profit Margin 42% 42% 53% 61% 43% Marjin Laba Bersih / Net Profit Margin 4% 10% 28% 27% 4% LAIN LAIN | OTHERS Jumlah Saham / Number of Shares 13,780,872,551 13,780,872,551 19,816,894,728 19,816,894,728 20,121,371,043 Pengeluaran Modal / Capital Expenditure 326,715 260,353 1,011,219 1,289,795 1,500,826 PT JABABEKA TBK Annual Report 2013 8 Kota Jababeka can contribute significantly to the economic growth and give positive impacts in touching all aspects of public life Jababeka Golf Course Kinerja perekonomian Indonesia di tahun The Indonesian economy in 2013 recorded 2013 mencatat tingkat pertumbuhan yang the lowest growth rate in the last four years. terendah dalam kurun waktu empat tahun The economy grew 5.8%, down from 6.3% in terakhir. Perekonomian tumbuh 5,8%, turun the previous year. Household consumption dibandingkan 6,3% pada tahun sebelumnya. remained the major growth driver. The decline Konsumsi rumah tangga masih tetap menjadi in the 2013 economic growth was mainly due to penggerak utama pertumbuhan. Penurunan weakening export as demand for commodities pertumbuhan ekonomi 2013 terutama fell globally, while imports continued to increase. disebabkan oleh menurunnya kinerja ekspor This condition put the trade balance under akibat melemahnya permintaan komoditas pressure. Realization of greater fuel subsidies dunia, sementara impor terus meningkat. also contributed to the rising deficit in the Kondisi ini membuat neraca perdagangan balance of payments and caused the decline in tertekan. Realisasi subsidi BBM yang semakin the rupiah exchange rate. Efforts to reduce the besar juga berkontribusi pada semakin subsidy burden on the government through the besarnya defisit pada neraca pembayaran dan adjustment of fuel prices pushed the inflation to berakibat pada turunnya nilai tukar rupiah. 8.4% from 4.3% in 2012. To curb inflation, the Upaya pemerintah mengurangi beban subsidi central bank raised the interest rate to 7.5%, melalui penyesuaian harga BBM mendorong compare with 5.75% in the previous year. tingginya inflasi menjadi 8,4% dari 4,3% pada tahun 2012. Untuk mengendalikan laju inflasi, BI melakukan revisi tingkat suku bunga BI rate menjadi 7,5%, meningkat dari 5,75% pada tahun sebelumnya. PT JABABEKA TBK Laporan Tahunan 2013 9 LAPORAN DEWAN KOMISARIS REPORT FROM THE BOARD OF COMMISSIONERS ... the application of the principles of good corporate governance and the principle of prudence, the Company is able to run the three pillars of its business, namely Land Development, Infrastructure and Leisure & Hospitality at its best to create balance, sustainability and growth for the Company ... Munculnya sentimen negatif akibat rencana The emergence of the negative sentiment due to tapering off yang direncanakan AS membuat the US Federal Reserve’s plan to taper resulted orientasi penempatan dana investor besar in a large fund outflow, which triggered the beralih kembali ke Amerika Serikat, sehingga decline in the rupiah exchange rate. The Rupiah nilai tukar rupiah semakin tertekan. Nilai against the US Dollar closed the year at Rp tukar Rupiah terhadap Dolar AS akhirnya 12,170 per US Dollar, falling by 26% from 2012.