PT POLLUX PROPERTI INDONESIA TBK DAN ENTITAS ANAK / AND SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN / CONSOLIDATED FINANCIAL STATEMENTS DAN LAPORAN AUDITOR INDEPENDEN / AND INDEPENDENT AUDITOR’S REPORT UNTUK TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2018 DAN 2017 / FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017 Laporan Keuangan Konsolidasian dan Consolidated Financial Statements and Laporan Auditor Independen Independent Auditors’ Report Untuk Tahun-Tahun Yang Berakhir For The Years Ended 31 Desember 2018 dan 2017 December 31, 2018 and 2017 PT Pollux Properti Indonesia Tbk PT Pollux Properti Indonesia Tbk dan Entitas Anak and Subsidiaries The original consolidated financial statements included herein are in Indonesian language PT POLLUX PROPERTI INDONESIA TBK DAN ENTITAS ANAK / AND SUBSIDIARIES LAPORAN KEUANGAN KONSOLIDASIAN CONSOLIDATED FINANCIAL DAN LAPORAN AUDITOR STATEMENTS AND INDEPENDENT INDEPENDEN AUDITOR’S REPORT UNTUK TAHUN-TAHUN YANG BERAKHIR FOR THE YEARS ENDED 31 DESEMBER 2018 DAN 2017 DECEMBER 31, 2018 AND 2017 Daftar isi Table of Contents Halaman/ Page Laporan Auditor Independen Independent Auditor’s Report Laporan Keuangan Financial Statements Consolidated Statements of Laporan Posisi Keuangan Konsolidasian 1 – 2 Financial Position Consolidated Statements of Profit or Laporan Laba Rugi dan Penghasilan 3 – 4 Loss and Other Comprehensive Komprehensif Lain Konsolidasian Income Laporan Perubahan Ekuitas Consolidated Statements of 5 – 6 Konsolidasian Changes in Equity Consolidated Statements of Cash Laporan Arus Kas Konsolidasian 7 – 8 Flows Catatan atas Laporan Keuangan Notes to the Consolidated 9 – 111 Konsolidasian Financial Statements Informasi Tambahan Supplementary Information Statements of Financial Position of Laporan Posisi Keuangan Entitas Induk 112 Holding Entity Laporan Laba Rugi dan Penghasilan Statements of Comprehensive Income of 113 Komprehensif Lain Entitas Induk Holding Entity Statements of Changes in Equity of Laporan Perubahan Ekuitas Entitas Induk 114 Holding Entity Statements of Cash Flows of Laporan Arus Kas Entitas Induk 115 Holding Entity ******** The original consolidated financial statements included herein are in Indonesian language. PT POLLUX PROPERTI INDONESIA TBK DAN ENTITAS ANAK / AND SUBSIDIARIES LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF KONSOLIDASIAN FINANCIAL POSITION 31 DESEMBER 2018 DAN 2017 DECEMBER 31, 2018 AND 2017 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) Catatan / 2018 2017 Notes ASET ASSETS ASET LANCAR CURRENT ASSETS Kas dan setara kas 159.378.775.526 2, 4 224.001.351.279 Cash and cash equivalents Piutang usaha Trade receivables Pihak berelasi - 203.500.000 Related parties 2, 5 Pihak ketiga 47.808.089.026 - Third parties Biaya dibayar di muka dan uang Prepaid expenses and 28.870.922.638 2, 6 3.851.403.410 muka jangka pendek advances-short term Persediaan 822.715.906.001 2, 7 472.299.684.622 Inventory Pajak dibayar dimuka 173.790.168.336 2, 15a 133.202.432.298 Prepaid taxes JUMLAH ASET LANCAR 1.232.563.861.527 833.558.371.609 TOTAL CURRENT ASSETS00 ASET TIDAK LANCAR NON-CURRENT ASSETS Uang muka jangka panjang 326.610.164.657 2, 6 337.428.231.501 Advances-long term Penyertaan saham - 2, 8, 31 100 Share investment Penyertaan dalam obligasi 750.000.000.000 2, 19 - Investment in convertible bonds konversi Piutang lain-lain Other receivables Pihak berelasi 40.222.959.956 40.469.549.535 Related parties 2, 9, 31 Pihak ketiga 56.554.476.055 24.287.389.503 Third parties Deposito yang telah ditentukan penggunaannya 37.705.666.669 2, 10 47.159.105.893 Restricted time deposits Aset tetap – setelah dikurangi Property, plant and equipment – akumulasi penyusutan pada net of accumulated tahun 2018 dan 2017 sebesar depreciation in 2018 and 2017 Rp 5.493.559.804 dan Rp of Rp 5.493.559.804 and Rp 2.124.724.940 16.961.119.860 2, 11 5.224.958.066 2.124.724.940 Konstruksi dalam pengerjaan 1.618.489.370.670 2, 12 1.117.885.066.040 Construction in progress Tanah untuk pengembangan 830.660.527.910 2, 13 827.960.527.910 Land for development Aset tak berwujud - bersih 1.823.031.296 2, 14 3.692.621.813 Intangible assets - netto Goodwill 10.794.402.600 2, 16 10.794.402.600 Goodwill Aset lain-lain - 2, 17 62.898.000.000 Other asset Uang jaminan 1.841.111.049 2, 18 1.163.164.410 Security deposits TOTAL NON-CURRENT JUMLAH ASET TIDAK LANCAR 3.691.662.830.722 2.478.963.017.371 ASSETS JUMLAH ASET 4.924.226.692.249 3.312.521.388.980 TOTAL ASSETS Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form bagian yang tidak terpisahkan dari laporan keuangan kondolidasian an integral part of these consolidated financial statements taken as a secara keseluruhan. whole. - 1 - The original consolidated financial statements included herein are in Indonesian language. PT POLLUX PROPERTI INDONESIA TBK DAN ENTITAS ANAK / AND SUBSIDIARIES LAPORAN POSISI KEUANGAN CONSOLIDATED STATEMENTS OF KONSOLIDASIAN (LANJUTAN) FINANCIAL POSITION (CONTINUED) 31 DESEMBER 2018 DAN 2017 DECEMBER 31, 2018 AND 2017 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) Catatan / 2018 2017 Notes LIABILITAS DAN EKUITAS LIABILITIES AND EQUITY LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Utang usaha Trade payables Pihak ketiga 291.304.146.321 2, 20 32.139.651.528 Third parties Utang pajak 74.896.346.636 2, 15b 58.196.341.568 Taxes payables Beban yang masih harus dibayar 206.027.638.476 2, 21 173.103.737.209 Accrued expenses Pendapatan diterima di muka 879.371.807.548 2, 22 1.013.599.442.554 Unearned revenue Bagian lancar atas liabilitas Current maturities of long-term jangka panjang: liabilities: Utang bank 60.201.127.298 2, 23 - Bank loans Utang pembiayaan konsumen 1.053.199.678 2, 26 381.308.675 Consumer financing payables Obligasi konversi 15.345.412.086 2, 27 - Convertible bonds JUMLAH LIABILITAS JANGKA 1.528.199.678.043 1.277.420.481.534 TOTAL CURRENT LIABILITIES PENDEK LIABILITAS JANGKA NON-CURRENT LIABILITIES PANJANG Utang lain-lain Other payables Pihak berelasi 96.342.665.406 42.839.148.331 Related parties 2, 24, 31 Pihak ketiga 47.291.444.943 172.804.384.467 Third parties Liabilitas imbalan kerja 7.004.025.596 2, 25 5.111.803.895 Employee benefit liabilities Liabilitas jangka panjang – Long-term liabilities – net of setelah dikurangi bagian current maturities: lancar: Utang bank 880.155.723.455 2, 23 470.577.429.590 Bank loans Utang pembiayaan konsumen 1.008.545.465 2, 26 813.970.302 Consumer financing payables Obligasi konversi 241.913.372.272 2, 27 257.595.879.205 Convertible bonds JUMLAH LIABILITAS JANGKA TOTAL NON-CURRENT 1.273.715.777.137 949.742.615.790 PANJANG LIABILITIES00 JUMLAH LIABILITAS 2.801.915.455.180 2.227.163.097.324 TOTAL LIABILITIES EKUITAS EQUITY Modal saham – nilai nominal Rp 100 per saham pada tahun 2018 dan 2017. Modal dasar – Share capital - par value of Rp 100 28.284.000.000 lembar saham per share in 2018 and 2017. pada tahun 2018 dan 2017. Authorized – 28,284,000,000 Modal ditempatkan dan disetor shares in 2018 and 2017. Issued penuh – 8.318.823.600 dan and fully paid – 8,318,823,600 7.071.000.000 lembar saham and 7,071,000,000 shares in pada tahun 2018 dan 2017 831.882.360.000 28 707.100.000.000 2018 and 2017 Komponen ekuitas lainnya 649.429.872.213 29 10.244.618.963 Other equity component Saldo laba Retained earnings Sudah ditentukan - - Appropriated penggunaannya Belum ditentukan 274.765.848.238 178.544.166.243 Unappropriated penggunaannya Ekuitas dari transaksi Equity of restructuring transactions of restrukturisasi entitas (18.846.985.744) (18.846.985.744) entities under common control sepengendali Kepentingan non-pengendali 385.080.142.362 30 208.316.492.194 Non-controlling interest JUMLAH EKUITAS 2.122.311.237.069 1.085.358.291.656 TOTAL EQUITY JUMLAH LIABILITAS DAN TOTAL LIABILITIES AND 4.924.226.692.249 3.312.521.388.980 EKUITAS EQUITY00 Catatan atas laporan keuangan konsolidasian terlampir merupakan The accompanying notes to the consolidated financial statements form bagian yang tidak terpisahkan dari laporan keuangan kondolidasian an integral part of these consolidated financial statements taken as a secara keseluruhan. whole. - 2 - The original financial statements included herein are in Indonesian language. PT POLLUX PROPERTI INDONESIA TBK DAN ENTITAS ANAK / AND SUBSIDIARIES LAPORAN LABA RUGI DAN PENGHASILAN CONSOLIDATED STATEMENTS OF PROFIT OR KOMPREHENSIF LAIN KONSOLIDASIAN LOSS AND OTHER COMPREHENSIVE INCOME Untuk tahun-tahun yang berakhir For the years ended 31 DESEMBER 2018 DAN 2017 DECEMBER 31, 2018 AND 2017 (Disajikan dalam Rupiah, kecuali dinyatakan lain) (Expressed in Rupiah, unless otherwise stated) Catatan / 2018 2017 Notes Pendapatan 928.461.683.975 2, 32 441.818.715.627 Revenue Beban pokok pendapatan (557.954.958.885) 2, 33 (221.999.412.572) Cost of revenue LABA KOTOR 370.506.725.090 219.819.303.055 GROSS PROFIT Beban operasi: Operating expenses: Beban penjualan dan (41.139.800.485) 2, 34 (66.632.701.946) Selling and marketing expenses pemasaran General and administrative Beban umum dan administrasi (97.401.096.667) 2, 35 (64.599.294.191) expenses Keuntungan (kerugian) selisih (49.211.358) 2 57.940.106 Gain (loss) on foreign exchange kurs – bersih Keuntungan (kerugian) Gain (loss) from sale of - 2 (758.549.547) pelepasan entitas anak subsidiaries Pendapatan operasi lainnya 5.382.992.190 2 4.031.265.098 Other operational income Beban operasi lainnya (352.857.789) 2 (109.006.675) Other operational expenses