Making Progress Maintaining Growth Meraih Kemajuan Mempertahankan Pertumbuhan
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Making Progress Maintaining Growth Meraih Kemajuan Mempertahankan Pertumbuhan Laporan Tahunan Annual Report 2016 Daftar Isi Contents Analisis dan Pembahasan 30 Laporan Manajemen 90 Manajemen Management Report Management Discussion and Analysis 2 Mengenai Laporan Tahunan 32 Laporan Dewan Komisaris 92 Tinjauan Perekonomian 2016 Board of Commissioners Report Economic Overview About the 2016 Annual Report 40 Laporan Direksi 94 Kinerja Industri Properti 4 Kesinambungan Tema Board of Directors Report Performance of the Property Industry Theme Continuity 54 Surat Pernyataan Anggota Dewan 96 Tinjauan Operasi Per Segmen Usaha 5 Making Progress Maintaining Komisaris dan Direksi tentang Operational Review per Business Segment Growth Tanggung Jawab atas 102 Tinjauan Keuangan Meraih Kemajuan Laporan Tahunan 2016 PT Financial Overview Mempertahankan Pertumbuhan Metropolitan Land Tbk. 106 Kemampuan Membayar Utang dan 6 Pencapaian 2016 The Board of Commissioners and The Kolektibilitas Piutang 2016 Achievements Board of Directors’ Statement of Solvency Rate and Receivables Collectibility 7 Fokus 2016 Responsibility for the 2016 Annual Rate 2016 Focus Report of PT Metropolitan Land Tbk. 107 Kolektibilitas Piutang 7 Keunggulan Perseroan Receivables Collectibility Company’s Strength 107 Struktur Modal 8 Proyek Strategis 2016 Capital Structure 2016 Strategic Projects 56 Profil Perusahaan 107 Kebijakan Manajemen atas Struktur Modal 9 Proyek Berjalan Management Policy on Capital Structure Ongoing Projects Company Profile 107 Kebijakan Kepemilikan Saham oleh 9 Proyek Dalam Tahap Manajemen dan Karyawan Konstruksi/Perencanaan Management And Employee Share Projects in Construction/ 58 Akses dan Data Informasi Perusahaan Ownership Policy Planning Phase Access and Data of The Company 108 Ikatan Material untuk Investasi Barang Modal 12 Ikhtisar Keuangan 59 Riwayat Singkat Perusahaan Material Commitments for Capital Goods Financial Highlights Company History Investment 14 Informasi Pemegang Saham 60 Jejak Langkah Perusahaan 108 Realisasi dan Proyeksi 2016 Shareholders Information Company Milestones 2016 Realization and Projection 16 Ikhtisar Saham 62 Bidang Usaha 108 Informasi dan Fakta Material yang Terjadi Shares Highlights Line of Business Setelah Laporan Akuntan 19 Kronologis Pencatatan Saham 68 Struktur Organisasi Material Information and Fact Subsequent to Share-Listing Chronology Organization Structure Balance Sheet Date 20 Ikhtisar Obligasi 70 Visi & Misi 108 Prospek Usaha Bonds Highlights Vision & Mission Business Outlook 20 Kronologi Pencatatan Efek 71 Nilai dan Budaya Perusahaan 109 Aspek Pemasaran Lainnya Corporate Culture and Values Marketing Aspect Chronology of Other Securities 72 Profil Dewan Komisaris 111 Realisasi Penggunaan Dana Hasil Penawaran Listing Board of Commissioners Profile Umum 20 Aksi Korporasi 76 Profil Direksi Use of Proceeds from Public Offering Corporate Action Board of Directors Profile 112 Informasi Material 22 Peristiwa Penting 2016 80 Entitas Anak dan Entitas Asosiasi Material Information 2016 Significant Events Subsidiaries and Associates Entities 112 Benturan Kepentingan dan Transaksi dengan 28 Penghargaan 2016 84 Struktur Grup Perusahaan Pihak Afiliasi yang Bersifat Transaksi Material 2016 Awards Company Group Structure Conflicts of Interest and Material Transaction 30 Sertifikasi 2016 86 Rencana Jangka Panjang with Affiliated Parties 2016 Cerifications Long Term Plan 112 Perubahan Peraturan yang Berpengaruh 87 Informasi Lembaga Profesi Penunjang Signifikan bagi Perusahaan Pasar Modal/Perusahaan Changes in Regulations That Have Significant Information on Capital Market Impact on the Company Supporting Professionals 112 Kebijakan Akuntansi 88 Lokasi Properti Accounting Policy Project Location 113 Informasi Kelangsungan Usaha Business Sustainability Information 1 Laporan Tahunan | Annual Report 2016 Tanggung Jawab 114 Tinjauan Pendukung Bisnis 206 Sosial Perusahaan Overview of Business Corporate Social Support Responsibility 116 Sumber Daya Manusia 173 Komite Nominasi dan Remunerasi 209 Dasar Kebijakan Human Resources Nomination and Remuneration Policies Foundations 128 Teknologi Informasi Committee 210 Ruang Lingkup Kegiatan CSR Information Technology 177 Kebijakan Suksesi Direksi Scope of CSR Activities Board of Directors Succession Policy 210 Tanggung Jawab Sosial Bidang 178 Sekretaris Perusahaan Ketenagakerjaan, Kesehatan dan Corporate Secretary Keselamatan Kerja 132 Tata Kelola Perusahaan 183 Hubungan Investor Social Responsibility in Investor Relations Emplolyment, Occupational Health Good Corporate 185 Unit Audit Internal and Safety Sectors Governance Internal Audit Unit 212 Tanggung Jawab Sosial Bidang 188 Sistem Pengendalian Internal Lingkungan Hidup 134 Dasar Hukum Penerapan Internal Control System Social Responsibility in the Legal Basis of Implementation 189 Kesesuaian Kerangka Kerja COSO Environmental Sector 135 Komitmen Perseroan COSO Framework Conformity 214 Tanggung Jawab Sosial Bidang Commitment of the Company 190 Efektivitas Pengendalian Internal Pengembangan Sosial Dan 136 Penerapan Nilai GCG Efectiveness of Internal Control Kemasyarakatan GCG Value Implementation 191 Akuntan Publik Social Responsibility in the Social 137 Pengawasan dan Evaluasi Praktik GCG Public Accountant and Civic Development Monitoring and Evaluation of GCG 193 Manajemen Risiko 220 Tanggung Jawab Sosial terhadap Practices Risk Management Pelanggan 139 Struktur GCG 201 Perkara Penting yang Dihadapi di 2016 Social Responsibility to The GCG Structure Important Cases Faced in 2016 Customers 140 Rapat Umum Pemegang Saham 201 Informasi Sanksi Finansial dan (RUPS) Administratif General Meeting of Shareholders Financial and Administrative Sanction 222 Referensi Silang Surat (GMS) Information Edaran Otoritas Jasa 150 Dewan Komisaris 201 Pernyataan Kepatuhan Terhadap Pajak Keuangan Nomor 30/ Board of Commissioners Statement of Tax Compliance SEOJK.40/2016 154 Komisaris Independen 201 Pernyataan Bebas Pemberian Dana Cross References Independent Commissioner Untuk Kegiatan Politik to the Financial 155 Direksi Statement of Freedom from Donations Services Authority Board of Directors for Political Activities Regulation Number 30/ 164 Assessment Kinerja Dewan Komisaris 202 Akses Informasi dan Data Perusahaan SEOJK.40/2016 dan Direksi The Company’s Information Data and Assessment on the Performance Access 237 Referensi Kriteria ARA of the Board of Commissioners and 204 Kode Etik Perusahaan Cross Reference ARA Directors Code of Conduct Criteria 165 Kebijakan Remunerasi Dewan 204 Sistem Pelaporan Pelanggaran Komisaris dan Direksi Whistle Blowing System Remuneration Policy of the Board of 257 Laporan Keuangan Commissioners and Directors Financial Statement 166 Rapat Dewan Komisaris dan Direksi Meeting of the Board of Commissioners and Directors 169 Komite Audit Audit Committee 1 30 56 90 114 132 206 Pembuka Laporan Manajemen Profil Perusahaan Pembahasan dan Analisis Tinjauan Pendukung Tata Kelola Perusahaan Tanggung Jawab Opening Management Report Company Profile Manajemen Bisnis Corporate Governance Sosial Perusahaan Management Discussion and Overview of Business Corporate Social Analysis Support Responsibility 2 PT Metropolitan Land Tbk Mengenai Laporan Tahunan 2016 About the 2016 Annual Report 3 Laporan Tahunan | Annual Report 2016 Selamat datang di Laporan Tahunan PT Metropolitan Land Welcome to the 2016 Annual Report of PT Metropolitan Tbk (Perseroan) 2016. Laporan Tahunan ini merupakan Land Tbk (Company). This Annual Report is part of the wujud kepatuhan Perseroan terhadap peraturan dan Company’s compliance with the current regulations, as perundangan yang berlaku, serta wujud transparansi well as a demonstration of the Company’s commitment dan akuntabilitas Perseroan kepada seluruh pemangku to transparency and accountability to all stakeholders. kepentingan. Melalui buku ini, Perseroan mendeskripsikan Through this report, the Company describes its business performa kerja dalam lingkup operasional dan finansial performance through its operations and financial selama tahun buku 2016 dan komparasinya dengan tahun perspectives throughout the 2016 fiscal year and its sebelumnya. Perseroan berharap Laporan Tahunan ini comparison to the previous year. The Company believes mampu memenuhi kebutuhan informasi para pemangku this Annual Report meets the shareholders’ informational kepentingan dengan baik. Laporan Tahunan ini juga tersedia needs well. This Annual Report is also available in a digital dalam versi digital, dan dapat diunggah melalui laman resmi version, and can be downloaded from the official website Perseroan di www.metropolitanland.com. of the Company at www.metropolitanland.com. Sepanjang 2016, berbagai dinamika politik dan sosial terjadi Throughout 2016, various political and social dynamics di beberapa negara berpengaruh di dunia yang secara tidak occured in several influential countries in the world, langsung berimbas pada Indonesia. Banyak ketidakpastian which have had indirect impacts on Indonesia. A lot of dalam kebijakan ekonomi yang timbul, dan akhirnya uncertainties regarding the shaping of economic policies membuat pertumbuhan perekonomian global dan nasional have arisen, and are subsequently hampering the global and belum mampu memenuhi target yang telah ditetapkan. national economic growth from meeting the established Kondisi perekonomian yang fluktuatif mempengaruhi daya targets. The fluctuating economic conditions have affected beli dan daya investasi. Dengan terpengaruhinya daya purchasing and investment power.