DOCSLIB.ORG

Laporan Tahunan 2011 2011 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Laporan Tahunan 2011 2011 Annual Report 2011 Annual Report I Laporan Tahunan Laporan I Report Annual 2011 Laporan Tahunan 2011 2011 Annual Report Pakuwon Jati mengawali perjalanan bisnis pada tahun 1982. Empat tahun kemudian langkah awal Perseroan menjadi salah satu pemain properti penting di Indonesia dimulai dengan berdirinya Tunjungan Plaza I (Plaza East), pusat perbelanjaan modern pertama di Surabaya yang berada di jantung kota Jalan Basuki Rahmat. Pakuwon Jati commenced operations in 1982. In 1986, the Company took the first step to become a key player in the Indonesian property sector with the completed development of Tunjungan Plaza I (East Plaza), the first modern shopping center in Surabaya located at the heart of the city at Jalan Basuki Rahmat. Introduction Pendahuluan 03 Profil Perseroan/Company Profile 04 5 Pilar Pertumbuhan/5 Pillars of Growth 08 Peristiwa Penting/Significant Events 10 Ikhtisar Data Keuangan/Financial Highlights 12 Ikhtisar Saham/ Stock Highlights 13 Laporan Dewan Komisaris/Board of Commissioners Report 14 Laporan Dewan Direksi/Board of Directors Report 18 Operational Review Tinjauan Operasional 24 Tinjauan Bisnis/Business Review 26 Tata Kelola Perusahaan/Good Corporate Governance 42 Sumber Daya Manusia/Human Resources 50 Tanggung Jawab Sosial Perusahaan/Corporate Social Responsibilities 54 Pembahasan dan Analisa Manajemen/Management Discussion and Analysis 56 Laporan Keuangan/Financial Report 63 Corporate Data Data perseroan 148 Alamat Unit Bisnis/Business Unit Address 148 Struktur Organisasi/Organizational Structure 149 Profil Dewan Komisaris/Board of Commissioners Profile 150 Profil Dewan Direksi/Board of Directors Profile 151 Profil Komite Audit/Committe Audit Profile 153 Nama dan Alamat Profesi Penunjang/Name and Address of Supporting Professionals 154 Laporan Tahunan 2011 PT Pakuwon Jati Tbk 1 Introduction Pendahuluan 2 PT Pakuwon Jati Tbk 2011 Annual l Report Introduction Pendahuluan Laporan Tahunan 2011 PT Pakuwon Jati Tbk 3 Profil Perusahaan Company Profile PT Pakuwon Jati Tbk (”Perseroan”) didirikan berdasarkan akta No. 281 tanggal 20 September 1982 dari Kartini Muljadi, S.H, notaris di Jakarta. Akta pendirian tersebut telah disahkan oleh Menteri Kehakiman Republik Indonesia dengan Surat Keputusannya No.C2-308.HT.01.TH.83 tanggal 17 Januari 1983, serta diumumkan dalam Berita Negara No. 28 tanggal 8 April 1983 Tambahan No. 420. Anggaran dasar Perusahaan telah mengalami beberapa kali perubahan, terakhir dengan akta notaris No. 4 tanggal 1 Desember 2011 dari notaris Esther Mercia Sulaiman, SH., notaris di Jakarta dalam rangka penambahan setoran modal. Akta perubahan tersebut telah diterima dan disetujui oleh Menteri Hukum dan Hak Asasi Manusia Republik Indonesia dalam Suratnya No. AHU-AH. 01.10-01272. Tahun 2011 tanggal 13 Januari 2012. PT Pakuwon Jati Tbk (the “Company”) was established based on Notarial Deed No. 281 dated September 20, 1982 of Kartini Muljadi, SH notary in Jakarta. The Deed of Establishment was approved by the Minister of Justice in his Decision Letter No. C2-308.HT.01.TH.83, dated January 17, 1983, and was published in the State Gazette No. 28, dated April 8, 1983 Supplement No. 420. The Company’s Articles of Association has been amended several times, most recently by Notarial Deed No. 4 dated December 1, 2011, of Esther Mercia Sulaiman, SH., notary in Jakarta, in relation to the additional paid-in capital. The amendment was received and approved by Minister of Law and Human Rights of Republic of Indonesia through Letter No. AHU-AH.01.10-01272. Tahun 2011 dated January 13, 2012. 4 PT Pakuwon Jati Tbk 2011 Annual l Report Profil Perseroan Profil Company Profile Perseroan berdomisili di Surabaya dengan kantor pusat The Company is domiciled in Surabaya with its office berlokasi di Menara Mandiri Lt. 15, Jl. Basuki Rachmat No. located at Menara Mandiri 15th Floor, Jl. Basuki Rachmat 8 - 12, Surabaya, Indonesia. No. 8 – 12, Surabaya, Indonesia. Pakuwon Jati mengawali perjalanan bisnis pada tahun Pakuwon Jati commenced operations in 1982. In 1986, 1982. Tahun 1986 langkah awal Perseroan menjadi the Company took the first step to become a key player salah satu pemain properti penting di Indonesia dimulai in the Indonesian property sector with the completed dengan berdirinya Tunjungan Plaza I (Plaza East), pusat development of Tunjungan Plaza I (East Plaza), the first perbelanjaan modern pertama di Surabaya yang berada modern shopping center in Surabaya located at the heart di jantung kota Jalan Basuki Rahmat. of the city at Jalan Basuki Rahmat. Tahun 1989 Pakuwon Jati mencatatkan sahamnya di In 1989 Pakuwon Jati listed its shares on the Indonesia Bursa Efek Indonesia (dahulu Bursa Efek Jakarta dan Stock Exchange (formerly Jakarta Stock Exchange and Bursa Efek Surabaya) dengan simbol saham PWON. Surabaya Stock Exchange) with the ticker code of PWON. Kapitalisasi pasar saham PWON per akhir 2011 tercatat Market capitalization of PWON as at year-end 2011 was sebesar Rp 9,03 triliun. Rp9.03 trillion. Perseroan terus berkembang dengan bertambahnya The Company continued to grow by completing the pusat perbelanjaan Tunjungan Plaza II (Lifestyle Center) Tunjungan Plaza II Shopping Center (Lifestyle Center) dan perkantoran Menara Mandiri di tahun 1991, dan the Mandiri Office Tower both in 1991, and began the memulai pengembangan kawasan hunian Pakuwon City development of the Pakuwon City residential project in di tahun 1994. 1994. Perseroan memulai operasi komersial proyek Tunjungan The Company started commercial operations of Plaza III pada tahun 1996, diikuti dengan Sheraton Tunjungan Plaza III (Central Plaza) in 1996; followed by Surabaya Hotel & Towers dan Kondominium Regensi the Surabaya Sheraton Hotel &, Towers and the Regensi pada tahun yang sama, sehingga kawasan Tunjungan City Condominiumin in the same year, thereby transforming Laporan Tahunan 2011 PT Pakuwon Jati Tbk 5 terbentuk. Perseroan melengkapi Tunjungan City dengan the Tunjungan City formed. The Company completed pembangunan Tunjungan Plaza IV (Plaza West) yang Tunjungan City with the construction of Tunjungan Plaza beroperasi sejak 2002. Saat ini Perseroan melaksanakan IV (West Plaza), which was inaugurated in 2002. Currently perluasan Superblok Tunjungan City dengan the Company is expanding Tunjungan City Superblock pembangunan Tunjungan Plaza V yang ditargetkan by building the Tunjungan Plaza V, which is targeted to selesai tahun 2014. complete by 2014. Pada tahun 2007 Perseroan melakukan aksi korporasi In 2007, the Company undertook a corporate action by dengan melakukan perluasan usaha ke Jakarta melalui expanding its business to Jakarta by acquiring 83.3% penyertaan saham sebesar 83,3% di PT Artisan Wahyu, shares of PT Artisan Wahyu, developer of the Gandaria pengembang superblok Gandaria City di Jakarta Selatan. City Superblock in South Jakarta. Since August 5, 2010, Sejak 05 Agustus 2010 Gandaria City telah beroperasi Gandaria City has been in operation, serving the Jakarta penuh melayani masyarakat Jakarta. community. Pada tahun 2007-2008 juga dilakukan rebranding During the year 2007-2008 a re-branding of Pakuwon City Pakuwon City, menjadi pengembangan real estat berskala took place, along with the transformation of Pakuwon kota mandiri dengan menambahkan pengembangan City into a Township that is self-contained city by adding kawasan komersial dan education park, menjadikan satu- a commercial area and an education park, turning this satunya pengembangan dengan konsep one stop living realty development project into a one-stop lifestyle dan land bank terluas di Surabaya Timur. concept with the largest landbank in East Surabaya. Pada tahun 2011, Pakuwon Jati telah menambah In 2011, Pakuwon Jati added its property portfolio with portofolio propertinya dengan Kota Kasablanka yang the Kota Kasablanka project currently being developed tengah dikembangkan oleh PT Elite Prima Hutama, yang by PT Elite Prima Hutama, whose 99.99% shares were 99,99% sahamnya dibeli oleh Perseroan. acquired by the Company. Dana akuisisi Kota Kasablanka berasal dari penerbitan Funding for the acquisition of Kota Kasablanka came saham baru (rights issue) tahun 2011. Akuisisi Kota from the Company’s rights issue of shares in 2011. The Kasablanka sejalan dengan strategi Perseroan sebagai acquisition is in line with the Company’s strategy as pengembang Superblok utama di Indonesia dan the leading developer of the Superblock complex in untuk memperkuat basis pendapatan Perseroan yang Indonesia, and to strengthen the Company’s revenue bertumpu pada keseimbangan pendapatan recurring dan base that relies on a balance between recurring and development. development income. Kini pendapatan Perseroan bersumber dari Jakarta dan Currently the Company’s revenue sources are derived Surabaya, dua kota dengan skala dan pertumbuhan from Jakarta and Surabaya, the two largest cities in ekonomi terbesar di Indonesia. Indonesia in terms of economic scale and growth. 6 PT Pakuwon Jati Tbk 2011 Annual l Report Bersama dengan pemegang saham, karyawan, penyewa maupun pembeli kami dalam satu visi untuk Visi Vision “Together We Grow” Our shareholders, employees, tenants and the buyers Menjadi pengembang To be the pusat perbelanjaan retail preferred non-strata non strata yang terdepan retail developer Perseroan Profil Company Profile di Indonesia in Indonesia Misi Mission Mengembangkan Developing premier superblok terbaik dan superblocks and pengembangan hunian townships which berskala kota mandiri enhance quality of life yang meningkatkan kualitas hidup Menjadi tempat kerja To become yang terbaik
Load more

Recommended publications
  • PT. PAKUWON JATI Tbk. DAN ENTITAS ANAK
    PT. PAKUWON JATI Tbk. DAN ENTITAS ANAK LAPORAN KEUANGAN KONSOLIDASIAN UNTUK PERIODE SEMBILAN BULAN YANG BERAKHIR 30 SEPTEMBER 2011 DAN 2010 (TIDAK DIAUDIT) DAN TAHUN YANG BERAKHIR 31 DESEMBER 2010 (DIAUDIT) PT. PAKUWON JATI Tbk. DAN ENTITAS ANAK DAFTAR ISI Halaman SURAT PERNYATAAN DIREKSI 1 LAPORAN KEUANGAN KONSOLIDASIAN - Pada tanggal 30 September 2011 (tidak diaudit) dan 31 Desember 2010 (diaudit) serta untuk periode sembilan bulan yang berakhir 30 September 2011 dan 2010 (tidak diaudit) Laporan Posisi Keuangan Konsolidasian 2 Laporan Laba Rugi Komprehensif Konsolidasian 4 Laporan Perubahan Ekuitas Konsolidasian 5 Laporan Arus Kas Konsolidasian 6 Catatan Atas Laporan Keuangan Konsolidasian 7 PT. PAKUWON JATI Tbk. DAN ENTITAS ANAK LAPORAN POSISI KEUANGAN KONSOLIDASIAN 30 SEPTEMBER 2011 (TIDAK DIAUDIT) DAN 31 DESEMBER 2010 (DIAUDIT) - 30 September 31 Desember 1 Januari Catatan 2011 2010 2010 Rp'000 Rp'000 Rp'000 ASET ASET LANCAR Kas dan setara kas 3g,3j,5 496,356,544 312,956,339 200,607,293 Deposito berjangka yang dibatasi penggunaannya 3g,6 43,482,377 29,914,478 36,785,808 Dana untuk penggantian perabotan dan perlengkapan hotel 3l,5 5,692,565 3,847,041 2,670,901 Piutang usaha kepada pihak ketiga - setelah dikurangi penyisihan piutang ragu-ragu sebesar Rp 19.987 ribu tahun 2011 dan Rp 41.982 ribu tahun 2010 3g,7 107,502,189 117,158,203 42,326,754 Piutang lain-lain kepada pihak ketiga 3,736,402 6,655,853 2,637,976 Persediaan 3m 3,457,023 2,927,075 2,486,435 Pajak dibayar dimuka 3y,15 42,341,106 42,539,356 39,772,141 Uang muka dan biaya
    [Show full text]
  • Land Bank + Acquire Land Around Existing Projects
    PT Pakuwon Jati Tbk Public Expose RUPS Aug 25, 2020 Table of contents Section 1 Results summary 2 Section 2 Business summary 6 Section 3 Growth & strategy 10 Section 4 Capital management 14 Appendix A Company overview 18 Appendix B CSR Activities 2019 25 1 Section 1 Results summary 2 Results summary (Rp bn unless otherwise stated) 1H 2020 1H 2019 Variance Comments Revenue1 1,974 3,505 (43.7%) 36% decrease in recurring revenues and 52% decrease in development revenue recognition. Pakuwon Permai contributed Rp 389bn (20%) of revenues. Gross Profit2 968 2,021 (52.1%) Gross Profit Margin (%) 49.0% 57.7% EBITDA2 1,004 1,973 (49.1%) EBITDA Margin (%) 50.8% 56.3% Net Income for the Period3 598 1,568 (61.8%) Net Income Margin (%) 30.3% 44.7% Net Income Attributable to Owners3 558 1,299 (57.0%) Net Income Margin (%) 28.3% 37.1% Earning Per Share (Rp)3 Basic 11.59 26.97 (57.0%) Notes: 1 Revenue recognition for apartment and office is based on hand over as per IFRS 15. Revenue recognition for shopping center rental and service charge is based on its collectability. 2 Adjusted for acquisition related COGS from goodwill costs of Rp0.5bn in 1H2020 and Rp19bn in 1H2019 3 Adjusted for acquisition COGS from goodwill costs of Rp0.5bn in 1H2020 and Rp19bn in 1H2019, forex gain (loss) of (Rp101bn) in 1H2020 and Rp76bn in 1H2019 respectively, gain on derivative of Rp26bn in 1H2020 and Rp8bn in 1H2019 respectively. 3 Results breakdown Revenue by segment (1H2020) Revenue by project (1H2020) Revenue by geography (1H2020) Office Grand Hotel & leasing Pakuwon Serviced
    [Show full text]
  • Results Presentation – 1H 2019 Disclaimer
    Results Presentation – 1H 2019 Disclaimer By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. The information and opinions contained in this presentation are intended solely for your personal reference and are strictly confidential. The information and opinions contained in this presentation have not been independently verified, and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on this presentation as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or results of operations of the company or its subsidiaries. The information and opinions contained in this presentation are provided as at the date of this presentation and are subject to change without notice. The company (including any of its affiliates, advisors and representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever arising from any use of this presentation. In addition, the information contained in this presentation contains projections and forward-looking statements that reflect the company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the company and its directors.
    [Show full text]
  • Results Presentation – 1H 2020 Disclaimer
    Results Presentation – 1H 2020 Disclaimer By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. The information and opinions contained in this presentation are intended solely for your personal reference and are strictly confidential. The information and opinions contained in this presentation have not been independently verified, and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on this presentation as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or results of operations of the company or its subsidiaries. The information and opinions contained in this presentation are provided as at the date of this presentation and are subject to change without notice. The company (including any of its affiliates, advisors and representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever arising from any use of this presentation. In addition, the information contained in this presentation contains projections and forward-looking statements that reflect the company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the company and its directors.
    [Show full text]
  • PT Pakuwon Jati Tbk Paparan Publik 26 Juni 2018 Table of Contents
    PT Pakuwon Jati Tbk Paparan Publik 26 Juni 2018 Table of contents Section 1 Results summary 3 Section 2 Business summary 7 Section 3 Growth & strategy 14 Section 4 Capital management 18 Appendix A Company overview 22 Appendix B CSR Activities 2017 28 1 Section 1 Results Summary Results summary (Rp bn unless otherwise stated) 1Q 2018 1Q 2017 Variance Comments Revenue 1,647 1,378 +19.5% 22% increase in recurring revenues and 17% increase in development revenue recognition. Pakuwon Permai contributed Rp 413bn (25%) of revenues. Gross Profit1 944 794 +18.9% Gross Profit Margin (%) 57.3% 57.6% EBITDA1 923 756 +22.2% EBITDA Margin (%) 56.0% 54.8% Net Income for the Period2 694 518 +33.9% Net Income Margin (%) 42.1% 37.6% Net Income Attributable to Owners2 617 491 +25.5% Earning Per Share (Rp)2 Basic 12.81 10.20 +25.5% Notes: 1 Adjusted for acquisition related COGS from goodwill costs of Rp4bn in 1Q2018 and Rp7bn in 1Q2017 2 Adjusted for acquisition COGS from goodwill costs of Rp4bn in 1Q2018 and Rp7bn in 1Q2017, forex gain (loss) of (Rp42bn) and Rp20bn in 1Q2018 and 1Q2017 respectively, loss on derivative of Rp8bn and Rp3bn in 1Q2018 and 1Q2017 respectively, and penalty on redemption of bond payable of Rp 154bn in 1Q2017 3 Results breakdown Revenue by segment (1Q2018) Revenue by project (1Q2018) Revenue by geography (1Q2018) Hotel & Serviced Office sales Pakuwon Grand Apartments0.6% Office 7.4% City Pakuwon leasing 12.9% 5.2% Kota 4.0% Condo sales Kasablanka 32.0% 26.6% Jakarta Royal Plaza 40.4% 1.3% Gandaria Retail City Surabaya leasing 11.8%
    [Show full text]
  • 1Q 2020 Disclaimer
    Results Presentation – 1Q 2020 Disclaimer By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. The information and opinions contained in this presentation are intended solely for your personal reference and are strictly confidential. The information and opinions contained in this presentation have not been independently verified, and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on this presentation as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or results of operations of the company or its subsidiaries. The information and opinions contained in this presentation are provided as at the date of this presentation and are subject to change without notice. The company (including any of its affiliates, advisors and representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever arising from any use of this presentation. In addition, the information contained in this presentation contains projections and forward-looking statements that reflect the company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the company and its directors.
    [Show full text]
  • Pakuwon Jati Tbk (PWON) Top Line Increases, Indicates Business Recovery
    Pakuwon Jati Tbk (PWON) Top Line Increases, Indicates Business Recovery PWON booked an impressive 3Q20 income at IDR1.07 trillion or +10.9% above our estimates and Company Update | Nov 20, 2020 increased 231% QoQ. The gain was supported by all income segments including condominium and office sales, indicating PWON business recovery. Meanwhile, until September, marketing sales have reached IDR725 billion or 68.4% of the target. We are optimistic that PWON can continue BUY performance recovery in 4Q20 supported by better mobility and purchasing power. Target Price (IDR) 615 Income Rebound in 3Q20 Consensus Price (IDR) 531 PWON 3Q20 income was recorded at IDR1.07 trillion (-38.2% YoY vs IDR1.73 trillion 3Q19) or +10.9% above our TP to Consensus Price +15.8% estimation at IDR967 billion. On a quarterly manner, PWON’s income increased significantly by 231% QoQ (vs vs. Last Price +24.5% IDR324 billion in 2Q20). This in turn increased GPM and OPM to 50.3% and 38.1% compared to 2Q20 when PWON booked loss on both gross profit and operating profit. Meanwhile the increase in loss due to exchange Shares data rate gap in 3Q20 amounted to IDR138 billion, meaning PWON’s profit was at IDR118 billion or down by -85% Last Price (IDR) 494 YoY and -71.6% QoQ. The profit is -64.3% below our expectation. Price Date as of Nov 18, 2020 52 wk Range (Hi/Lo) 610/266 All Income Segments Increase Free Float (%) 31.3 The increase in income was supported by gains in all segments. Development income, sales of offices and Outstanding sh.(mn) 48,160 condominiums jumped by IDR462 billion (+510% QoQ), as the share in income also rose to 43% in 3Q20 (vs Market Cap (IDR bn) 23,791 23% 2Q20).
    [Show full text]
  • Pakuwon Jati (PWON IJ) Buy (Maintained)
    Indonesia Results Review 29 June 2020 Property | Real Estate Pakuwon Jati (PWON IJ) Buy (Maintained) Eyeing a Recovery In 3Q20; Keep BUY Target Price (Return): IDR460 (+8%) Price: IDR424 Market Cap: USD1,436m Avg Daily Turnover (IDR/USD) 55,728m/3.83m BUY, TP unchanged at IDR460, 8% upside with c.5% FY20F yield. Analyst Pakuwon Jati’s 1Q20 revenue of IDR1.6trn is still decent, considering the IFRS 15 adjustments made to revenue recognition from property projects Christopher Andre Benas and COVID-19’s impact on malls since March. Its 1Q20 net profit of +6221 5093 9847 IDR679bn (+2.6% YoY) comprises 29% and 33% of RHB and Street [email protected] estimates. 2Q20 may be its worst quarter this year, but a recovery should be imminent in 3Q20, after its malls begin charging rental on tenants again. Still the king of recurring income. 1Q20 revenue of IDR1.6trn (+3.5% YoY) is above our and Street estimates, at 29.9% and 28.7% of full-year projections. This was due to recurring revenue growing by 1% YoY and development dropping 9% YoY. 54% of PWON’s earnings come from recurring income, with 42.5% driven by retail mall leasing. This remains the Share Performance (%) developer’s highest recurring portion vs peers. Retail mall occupancy rates YTD 1m 3m 6m 12m remained solid at 96%, but revenue per hotel room fell 32% YoY – within Absolute (25.6) 17.1 36.8 (26.3) (41.9) expectations, as the Government imposed travel restrictions, and there was Relative (3.4) 11.1 23.8 (3.9) (19.6) a dearth of tourists in the quarter.
    [Show full text]
  • 30 YEARS and GROWING PT. Pakuwon Jati Tbk
    ANNUAL REPORT 2012 LAPORAN TAHUNAN 30 YEARS AND GROWING 30 TAHUN DAN TERUS TUMBUH PT. Pakuwon Jati Tbk. DAFTAR ISI TABLE OF CONTENTS PENDAHULUAN TATA KELOLA PERUSAHAAN 01 INTRODUCTION 64 CORPORATE GOVERNANCE 01 Kata Pengantar / Foreword 66 Kerangka Tata Kelola Perusahaan / Corporate Governance Framework 02 Ikhtisar Saham / Stock Highlights 69 Struktur Pengelolaan / Governance Structure 04 Ikhtisar Keuangan / Financial Highlights 74 Dewan Komisaris / Board of Commissioners 06 Peristiwa Penting 2012 / 2012 Event Highlights 75 Direksi / Board of Directors 07 Awards / Penghargaan 78 Manajemen Risiko / Risk Management 08 Laporan Presiden Komisaris / Report from the President Commissioner 80 Kasus Litigasi dan Perkara Penting / Litigation Cases and Material Issues 14 Laporan Presiden Direktur / Report from the President Director SUMBER DAYA MANUSIA PROFIL PERUSAHAAN 81 HUMAN RESOURCES 22 COMPANY PROFILE 24 Visi dan Misi / Vision and Mission 26 Sejarah Perusahaan / Company Milestones TANGGUNG JAWAB SOSIAL 27 Struktur Organisasi / Organization Structure 85 PERUSAHAAN CORPORATE SOCIAL RESPONSIBILITY 28 Profil Dewan Komisaris / Profile of the Board of Commissioners 30 Profil Direksi / Profile of the Board of Directors 33 Profil Komite Audit / Profile of the Audit Committee PERNYATAAN DEWAN KOMISARIS 34 Struktur Perusahaan / Company Structure 88 DAN DIREKSI 35 Lembaga Profesional / Professional Firms ACKNOWLEDGEMENT BY 35 Informasi Kontak / Contact Information THE BOARD OF COMMISSIONERS AND THE BOARD OF DIRECTORS ANALISIS DAN 36 PEMBAHASAN MANAJEMEN
    [Show full text]
  • Results Presentation – 3Q 2019 Disclaimer
    Results Presentation – 3Q 2019 Disclaimer By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. The information and opinions contained in this presentation are intended solely for your personal reference and are strictly confidential. The information and opinions contained in this presentation have not been independently verified, and no representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on this presentation as providing, a complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or results of operations of the company or its subsidiaries. The information and opinions contained in this presentation are provided as at the date of this presentation and are subject to change without notice. The company (including any of its affiliates, advisors and representatives) shall have any responsibility or liability whatsoever (in negligence or otherwise) for the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein nor for any loss howsoever arising from any use of this presentation. In addition, the information contained in this presentation contains projections and forward-looking statements that reflect the company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the company and its directors.
    [Show full text]
  • PT Pakuwon Jati Tbk Paparan Publik 25 Juni 2019 Table of Contents
    PT Pakuwon Jati Tbk Paparan Publik 25 Juni 2019 Table of contents Section 1 Result summary 3 Section 2 Business summary 7 Section 3 Growth & strategy 14 Section 4 Capital management 18 Section 5 New Project Pipeline 22 Appendix A Company overview 26 Appendix B CSR Activities 2018 33 1 Section 1 Result summary 2 Results summary (Rp bn unless otherwise stated) 1Q 2019 1Q 2018 Variance Comments Revenue 1,711 1,647 +3.9% 7% increase in recurring revenues and 1% increase in development revenue recognition. Pakuwon Permai contributed Rp 655bn (38%) of revenues. Gross Profit1 1,007 936 +7.6% Gross Profit Margin (%) 58.9% 56.8% EBITDA1 993 923 +7.6% EBITDA Margin (%) 58.1% 56.0% Net Income for the Period2 800 694 +15.4% Net Income Margin (%) 46.8% 42.1% Net Income Attributable to Owners2 662 617 +7.4% Net Income Margin (%) 38.7% 37.4% Earnings Per Share (In Full Rupiah)2 Basic 13.75 12.80 +7.4% Notes: 1 Adjusted for acquisition related COGS from goodwill costs of Rp20bn in 1Q 2019 and Rp4bn in 1Q 2018 2 Adjusted for acquisition COGS from goodwill costs of Rp20bn in 1Q 2019 and Rp4bn in 1Q 2018, forex gain (loss) of Rp63bn in 1Q 2019 and (Rp42bn) in 1Q 2018 respectively, gain (loss) on derivative of Rp16bn in 1Q 2019 and (Rp8bn) in 1Q 2018 respectively. 3 Results breakdown Revenue by segment (1Q 2019) Revenue by project (1Q 2019) Revenue by geography (1Q 2019) Office Hotel & leasing Pakuwon Grand Serviced 4.0% City Pakuwon Apartments 7.0% 3.8% Kota 8.2% Royal Plaza Kasablanka Jakarta 1.4% 21.9% 35.7% Condo sales 36.3% Gandaria City 11.9% Surabaya
    [Show full text]
  • PT PAKUWON JATI TBK (THE COMPANY) (PERSEROAN) LEGAL DOMICILE in SURABAYA BERKEDUDUKAN HUKUM DI SURABAYA Jl
    PT PAKUWON JATI TBK PT PAKUWON JATI TBK (THE COMPANY) (PERSEROAN) LEGAL DOMICILE IN SURABAYA BERKEDUDUKAN HUKUM DI SURABAYA Jl. Kejawan Putih Mutiara 17, Surabaya 60112 Jl. Kejawan Putih Mutiara 17, Surabaya 60112 Telp. 031-58208788 Telp. 031-58208788 INVITATION/ANNOUNCEMENT UNDANGAN/PANGGILAN ANNUAL GENERAL MEETING OF SHAREHOLDERS RAPAT UMUM PEMEGANG SAHAM TAHUNAN Hereby announced to shareholders PT Pakuwon Jati Tbk that Company will hold Annual Dengan ini diberitahukan kepada para Pemegang Saham PT Pakuwon Jati Tbk bahwa General Meeting of Shareholders (“Meeting”) at Perseroan akan menyelenggarakan Rapat Umum Pemegang Saham Tahunan (Rapat) Date : Tuesday, 25 August 2020 pada : Time : 10.30 WIB – finish Hari/tanggal. : Selasa, 25 Agustus 2020 Place : Sheraton Grand Jakarta Gandaria City Hotel Jam : 10.30 WIB – selesai Jl. Sultan Iskandar Muda Tempat. : Sheraton Grand Jakarta Gandaria City Hotel Kebayoran - Jakarta 12240 Jl. Sultan Iskandar Muda Kebayoran - Jakarta 12240 With the following agenda: Dengan mata acara Rapat sebagai berikut : 1. Approval and ratification of Company’s Annual Report including Financial Report 1. Persetujuan dan Pengesahan Laporan Tahunan Perseroan termasuk Laporan for fiscal year ending December 31, 2019 and Report of Board of Directors and Keuangan untuk tahun buku yang berakhir pada tanggal 31 Desember 2019 serta Supervision Report of Board of Commissioners. Laporan Direksi dan Laporan Pengawasan Dewan Komisaris. 2. Determination of the Use of Net Profit for the fiscal year end in December 31, 2019 2. Penetapan penggunaan Laba Bersih Perseroan untuk tahun buku yang berakhir 3. Appointment of Public Accountant and/or Public Accounting Firm to conduct an pada tanggal 31 Desember 2019. audit on Company’s Financial Report for fiscal year ending in December 31, 2020 3.
    [Show full text]