2014 - Provident Agro Official Website

1 Laporan TahunanAnnual Report2014 Laporan TahunanAnnual Report2014 Laporan TahunanAnnual Report2014PT Provident Agro International Financial Centre Lt 3 AJl. Jend. Sudirman 12920 Tel. : (+6221) 522 4878 Fax. : (+6221) 522 4770 Email : : on Growth 10 Profil Perusahaan Company Profile 36 Laporan Dewan Komisaris dan Direksi Board of Commissioners and Board of Directors Report 52 Pembahasan dan Analisa Manajemen Management s Discussion and AnalysisDaftar IsiTable of Contents 2 Ikhtisar Kinerja 2014 Performance Highlights 2014 4 Ikhtisar Keuangan Financial Highlights 5 Grafik Keuangan Financial Charts 6 Ikhtisar Operasional Operational Highlights 8 Ikhtisar Saham Stock Highlights 38 Laporan Dewan Komisaris The Board of Commissioners Report 44 Laporan Direksi The Board of Directors

2 Report 63 Penggunaan Dana Hasil Penawaran Umum Terbatas (PUT) Right Issue Fund Allocation 66 Kinerja Operasional Operational Performance 12 Informasi Perusahaan Company Information 13 Sekilas Perseroan Company in Brief 14 Komposisi Pemegang Saham Composition of Shareholders 15 Bidang Usaha Business Activities 16 Jejak Langkah Perseroan Company Milestones 18 Visi, Misi, dan Nilai Perusahaan Vision, Mission, and Corporate Values 54 Kinerja Keuangan Financial Performance 55 Laporan Laba Rugi Komprehensif Konsolidasian Consolidated Statements of Comprehensive Income 56 Laporan Posisi Keuangan Konsolidasian Consolidated Statements of Financial Position 57 Laporan Arus Kas Konsolidasian Consolidated Statements Of Cash Flows 58 Kemampuan Membayar Hutang Solvency 59 Tingkat Kolektibilitas Piutang Collectibility 19 Struktur Organisasi Organization Structure 20 Profil Dewan Komisaris Board of Commissioners Profile 26 Profil Direksi Board of Directors

3 Profile 32 Entitas Anak Perseroan Company s Subsidiaries 33 Lokasi Perkebunan dan Kantor Location of Plantation and Offices 34 Struktur Grup Perseroan Company Group Structure 60 Aspek Pemasaran Aspects Marketing 61 Prospek Usaha Tahun 2015 Business Outlook For 2015 63 Kebijakan Dividen Dividend Policy 84 Tata kelola Perusahaan Good Corporate Governance 70 Pendukung Bisnis Business Support 132 Laporan Keuangan Konsolidasian Consolidated Financial Statements 72 Sumber Daya Manusia Human Resources 78 Teknologi Informasi Information Technology 86 Tata kelola Perusahaan Good Corporate Governance (GCG)

4 87 Penerapan Prinsip-prinsip GCG Application of GCG Principles 89 Pelaksanaan GCG GCG Implementation 90 Rapat Umum Pemegang Saham General Meeting Of Shareholders 93 Dewan Komisaris Board Of Commissioners 95 Direksi Board of Directors 97 Penilaian terhadap Dewan Komisaris dan Direksi Assessment of the Board of Commissioners and The Board of Directors 100 Komite Audit The Audit Committee 105 Sekretaris Perusahaan Corporate Secretary 107 Audit Internal Internal Audit 109 Akuntan Publik Public Accountants 110 Manajemen Risiko Risk Management 112 Sistem Pengendalian Internal Internal Control System 117 Kode Etik Code Of Conduct 118 Tanggung Jawab Sosial Perusahaan Corporate Social Responsibility 131 Surat Pernyataan Anggota Dewan Komisaris dan Anggota Direksi tentang Tanggung Jawab atas Laporan Tahunan 2014 PT Provident Agro Tbk.

5 Board of Commissioners and Directors Statement of Responsibility for the 2014 Annual Report of PT Provident Agro Tbk. 127 Rencana Kerja 2015 Work Plan of 2015 128 Keselamatan, Kesehatan Kerja dan Lingkungan Safety, Occupational Health And EnvironmentPerformance Highlights 2014 Ikhtisar Kinerja 2014PT Provident Agro Tbk Laporan Tahunan 20142 Company ProfileProfil PerusahaanThe Board of Commissioners And Board of Directors ReportLaporan Dewan Komisaris Dan DireksiPT Provident Agro Tbk 2014 Annual Report1 Management s Discussion and AnalysisPembahasan dan Analisa ManajemenBusiness SupportPendukung BisnisGood Corporate GovernanceTata kelola PerusahaanCorporate Social ResponsibilityTanggung Jawab Sosial PerusahaanDitengah terjadi penurunan kinerja ekspor pada tahun 2014 karena perlambatan

6 Pertumbuhan ekonomi negara tujuan ekspor, masalah kepastian hukum menyangkut lahan/tata ruang serta infrastruktur yang masih belum optimal; kelapa sawit masih merupakan komoditas utama sektor perkebunan dan salah satu komoditas unggulan Indonesia karena kontribusinya terhadap perolehan devisa, peluang pengembangan pasar serta penyerapan tenaga kerja. Prospek industri kelapa sawit dan turunannya baik untuk konsumsi dalam negeri maupun ekspor masih sangat cerah di tahun-tahun karena itu, pada tahun 2014 Perseroan fokus pada pertumbuhan perusahaan. Perseroan mengakuisisi 2 (dua) perkebunan yang berlokasi di Gorontalo, memulai konstruksi pembangunan tangki penyimpanan yang berlokasi di Kalimantan Barat dan mulai melakukan konstruksi pembangunan 2 PKS (Pabrik Kelapa Sawit) yang berlokasi di Kalimantan Barat dan Sumatera Selatan.

7 Perluasan lahan perkebunan dan peningkatan jumlah (volume) produksi yang dihasilkan dapat memberikan pengaruh yang signifikan terhadap pendapatan Perseroan. Pada tahun 2014, pendapatan Perseroan meningkat 49% dari Rp710,57 miliar di tahun 2013 menjadi ,58 miliar di tahun 2014. Laba kotor Perseroan meningkat 100,58% dari Rp176,65 miliar di tahun 2013 menjadi Rp354,32 miliar di tahun 2014. Perseroan membukukan keuntungan sebesar Rp168,26 miliar . Amidst the decline of 2014 export performance due to a slowdown of economic growth in export destination countries, legal uncertainties of land title and spatial as well as not optimum development of infrastructure; palm oil is still a primary commodity in plantation sector and one of Indonesia s leading commodities due to its contribution to state revenues, market development opportunities and employment level enhancement.

8 Prospects for the palm oil industry and its derivative products, both for domestic and export consumption, are still very bright for the , in 2014 the Company focused on the growth of the Company. The Company acquired 2 (two) plantations in Gorontalo, started the construction of bulking, located in West Kalimantan, and started the construction of 2 (two) POM (Palm Oil Mill), located in West Kalimantan and South Sumatra. The expansion of plantations and the increase in volume of production is expected to have a significant influence on the Company s 2014, the Company s revenue increased by 49% from billion in 2013 to Rp1, billion in 2014.

9 The Company s gross profit increased by from billion in 2013 to billion in 2014. The Company recorded profit of pada PertumbuhanFocus on GrowthPT Provident Agro Tbk 2014 Annual Report1 Performance Highlights 2014 Ikhtisar Kinerja 2014PT Provident Agro Tbk Laporan Tahunan 20142 Company ProfileProfil PerusahaanThe Board of Commissioners And Board of Directors ReportLaporan Dewan Komisaris Dan DireksiIKHTISAR KINERJA 2014 Performance Highlights 2014PT Provident Agro Tbk 2014 Annual Report3 Management s Discussion and AnalysisPembahasan dan Analisa ManajemenBusiness SupportPendukung BisnisGood Corporate GovernanceTata kelola PerusahaanCorporate Social

10 ResponsibilityTanggung Jawab Sosial PerusahaanPerformance Highlights 2014 Ikhtisar Kinerja 2014PT Provident Agro Tbk Laporan Tahunan 20144 Company ProfileProfil PerusahaanThe Board of Commissioners And Board of Directors ReportLaporan Dewan Komisaris Dan DireksiIkhtisar KeuanganFinancial HighlightsDalam Jutaan Rupiah | In Million RupiahLaporan Laba Rugi Komprehensif Konsolidasian201420131)20121)Consolidate d Statements of Comprehensive IncomePendapatan RevenuesLaba Bruto Gross ProfitEBITDA2) EBITDA2)Jumlah Laba (Rugi) yang diatribusikan kepada;Total income (loss) attributable to;Pemilik entitas induk ( ) ( )Owners of the parent entityKepentingan non-pengendali (106) ( ) ( )Non-controlling interestLaba (Rugi) Tahun Berjalan ( ) ( )Income (Loss) For The YearJumlah Laba (Rugi) komprehensif yang diatribusikan kepada.