34 39 13 46 · 2020. 9. 16. · sugijanto, s.h., notary in jakarta, regarding the reduction of...
TRANSCRIPT
VISI & MISIVision & Mission
PROFIL PERUSAHAANCompany Profile
LAPORAN DEWAN KOMISARISBoard of Commissioners Report
LAPORAN DIREKSIBoard of Directors Report
STRUKTUR ORGANISASI PERSEROANOrganization Structure
IKHTISAR KEUANGAN KONSOLIDASIANConsolidated Financial Highlights
INFORMASI SAHAMShares Information
ANALISA & PEMBAHASAN MANAJEMENManagement Analysis & Discussion
TATA KELOLA PERUSAHAANCorporate Governance
TANGGUNG JAWAB SOSIAL PERUSAHAANCorporate Social Responsibility
PROFIL DEWAN KOMISARISThe Board of Commissioners Profile
PROFIL DIREKSIThe Board of Directors Profile
TANGGUNG JAWAB MANAJEMEN ATAS LAPORAN TAHUNAN
Management Responsibility
LAPORAN KEUANGAN KONSOLIDASIConsolidated Financial Statement
2
3
6
8
11
14
20
33
34
39
4512
13 46
Daftar IsiContent
1Annual Report / Laporan Tahunan 2016
Visi & Misi Vision & Mission
MisiMission
To be a sustainable and profitable company in
Indonesia and preferred provider of ecology
friendly product focusing on customer satisfaction,
operational excellence and contributing to local
Communities.
Focusing on R&D in product & services including
transferring best practices and Business Philosophy from
SCG, Thailand, the Company emphasizes on developing
high value products, human resources development,
customer satisfaction and eco-friendly products. These
missions will bring the sustainable growth and profit to
the Company.
Berfokus pada Penelitian dan Pengembangan dalam produk dan
pelayanan termasuk transfer ilmu dan filosofi usaha dari SCG,
Thailand, Perusahaan menekankan pada pengembangan produk
yang bernilai tinggi, pengembangan sumber daya manusia,
kepuasan pelanggan dan produk yang ramah lingkungan.
Misi ini akan membawa pertumbuhan yang berkelanjutan dan
keuntungan bagi Perusahaan.
Visi
VisionMenjadi Perusahaan yang menguntungkan dan
berkelanjutan di Indonesia serta penyedia produk
ramah lingkungan, fokus pada kepuasan pelanggan,
keunggulan operasional dan berkontribusi pada
masyarakat setempat.
2 Annual Report / Laporan Tahunan 2016
PT Keramika Indonesia Assosiasi Tbk (“Company”) was established in accordance with Foreign Investment Law No.1 Year 1967 based on the Notarial Deed Juliaan Nimrod Siregar, S.H., Notary in Jakarta dated 28 November 1968. The Company status was changed from Foreign Investment to Domestic Investment based on the Decision Letter from Chairman of Investment Coordinating Board No. 25/V/1992 dated 15 June 1992.
The company is the major producer of high quality ceramic wall tiles including its accessories since 1968. In 2016, the Company employed 575 skilled and well-performed employees. In the domestic and international market – covering Asia, Australia and Africa, the Company possesses market recognition with the brand KIA and IMPRESSO, which is well known for its good quality product and services.
Head Office:
Now:Cowell Tower, Lt. 2 Jl. Senen Raya No. 135Jakarta - 10410, IndonesiaTelp. : (62-21) 350-6227 (Hunting)Fax. : (62-21) 386-2374Email : [email protected]: www.kiaceramics.com *) Since 15 February 2017
Sebelum:Cowell Tower, Lt. 5Jl. Senen Raya No. 135Jakarta - 10410, IndonesiaTelp. : (62-21) 386-2322 (Hunting)Fax. : (62-21) 386-2311Email : [email protected]: www.kiaceramics.com
Factory:
• Jl. Raya Narogong Km 51.9, Limusnunggal, Cileungsi Bogor, West Java – Indonesia • Surya Cipta City of Industry Jl. Surya Lestari Kav.1 & 2, Teluk Jambe Karawang, West Java – Indonesia
Since 4 November 1994, Company has effectively listed its shares at Jakarta and Surabaya Stock Exchange, continued with Limited Public Offering I with Pre-emptive Rights in 1997 and listing for a total of 425,000,000 shares. On 12 July 2008, Company swap its debt to newly issued 8,000,000,000 shares making total listed shares of the Company became 8,425,000,000 shares.
PT Keramika Indonesia Assosiasi Tbk (“Perseroan”) didirikan menurut Undang-undang Penanaman Modal Asing No. 1 Tahun 1967 berdasarkan akta Notaris Juliaan Nimrod Siregar, S.H., Notaris di Jakarta tanggal 28 Nopember 1968. Status Perseroan sebagai Penanaman Modal Asing (PMA) berubah menjadi Penanaman Modal Dalam Negeri (PMDN) berdasarkan Surat Keputusan Ketua Badan Koordinasi Penanaman Modal (BKPM) No. 25/V/1992 tanggal 15 Juni 1992.
Sejak tahun 1968, kegiatan usaha Perseroan adalah sebagai produsen Keramik dinding berkualitas tinggi beserta aksesorisnya. Di tahun 2016, Perseroan mempekerjakan 575 karyawan terampil dan berkinerja baik. Di pasar domestik dan internasional – yang meliputi Asia, Australia dan Afrika, Perseroan mendapatkan pengakuan pasar dengan merek dagang KIA dan IMPRESSO, yang dikenal dengan baik untuk kualitas dan pelayanannya.
Kantor Pusat:
Sekarang:Cowell Tower, Lt. 2 Jl. Senen Raya No. 135Jakarta - 10410, IndonesiaTelp. : (62-21) 350-6227 (Hunting)Fax. : (62-21) 386-2374Email : [email protected]: www.kiaceramics.com *) Sejak tanggal 15 February 2017
Sebelum:Cowell Tower, Lt. 5Jl. Senen Raya No. 135Jakarta - 10410, IndonesiaTelp. : (62-21) 386-2322 (Hunting)Fax. : (62-21) 386-2311Email : [email protected]: www.kiaceramics.com
Pabrik:
• Jl. Raya Narogong Km 51,9, Limusnunggal, Cileungsi Bogor, Jawa Barat - Indonesia• Kawasan Industri Surya Cipta Jl. Surya Lestari Kav. 1 & 2, Teluk Jambe Karawang, Jawa Barat – Indonesia
Sejak 4 November 1994, Perseroan secara efektif mencatatkan sahamnya di Bursa Efek Jakarta dan Surabaya dilanjutkan dengan Penawaran Umum Terbatas I dengan Hak Memesan Efek Terlebih Dahulu pada Tahun 1997 dan mencatat jumlah keseluruhan saham dalam Perseroan sebanyak 425.000.000. Pada tanggal 12 Juli 2008, Perseroan menerbitkan sebanyak 8.000.000.000 lembar saham baru untuk mengkonversi utang Perseroan kepada para kreditur, sehingga total keseluruhan jumlah saham Perseroan menjadi 8.425.000.000 saham.
Visi & Misi Profil PerusahaanCompany Profile
3Annual Report / Laporan Tahunan 2016
Melalui perdagangan otomatis (Jakarta Automated Trading System) di Bursa Efek Indonesia dan berdasarkan Akta Pernyataan Keputusan Rapat No. 26 tanggal 27 September 2011 yang dinyatakan kembali dengan Akta Pernyataan Keputusan Rapat No. 4 tanggal 5 Oktober 2011 yang keduanya dibuat di hadapan Sri Hidianingsih Adi Sugijanto, S.H., Notaris di Jakarta, para pemegang saham menyetujui masuknya SCG Building Materials Co., Ltd. sebagai pengendali baru Perseroan dengan total kepemilikan saham sebanyak 93,51% pada akhir tahun 2011.
SCG Building Materials Co., Ltd. adalah perusahaan terkemuka yang bergerak di bidang industri bahan bangunan di Thailand, yang berdiri pada tanggal 9 Desember 1998; dengan alamat di 1 Siam Cement Road, Bangsue Sub-District, Bangsue District, Bangkok, Thailand.
SCG Building Materials, Co., Ltd. melaksanakan Tender Offer pada tanggal 5 Juli – 3 Agustus 2011 dan memperoleh sebanyak 3.537.500 lembar saham dari pemegang saham masyarakat. Untuk memenuhi peraturan Bapepam dan Lembaga Keuangan No. IX.H.1, SCG Building Materials Co., Ltd. telah menjual seluruh saham hasil Tender Offer tersebut kepada masyarakat pada tanggal 28 Nopember 2012. Kepemilikan saham SCG Building Materials Co., Ltd. di Perseroan adalah sebanyak 14.378.410.753 saham atau sebesar 96,31% per 31 Desember 2012.
Pada tanggal 15 Pebruari 2012 Perseroan secara efektif melaksanakan Penawaran Umum Terbatas II dengan mengeluarkan sebanyak 6.504.100.000 saham Seri B yang telah diambil seluruhnya oleh pemegang saham dan pembeli siaga. Dengan demikian jumlah saham ditempatkan dan disetor penuh dalam Perseroan telah meningkat dari semula 8.425.000.000 menjadi 14.929.100.000 saham.
Anggaran Dasar Perseroan telah mengalami perubahan seiring dengan aksi korporasi yang dilaksanakan Perseroan sesuai dengan Akta No. 13 tanggal 10 Oktober 2011 dibuat oleh Sri Hidianingsih Adi Sugijanto, S.H., Notaris di Jakarta, mengenai penurunan modal dasar dan modal ditempatkan dan disetor serta penurunan nilai nominal saham sehubungan dengan Kuasi Reorganisasi Perseroan; dan Akta No. 14 tanggal 19 April 2012 dibuat oleh Rudy Siswanto, S.H., Notaris di Jakarta sehubungan dengan Penawaran Umum Terbatas II; dan Akta No. 23 tanggal 15 Juli 2015 dibuat oleh Sri Hidianingsih Adi Sugijanto, S.H., Notaris di Jakarta sehubungan dengan penyesuaian dengan ketentuan Peraturan Otoritas Jasa Keuangan (OJK) No.32/POJK.04/2014 tentang Rencana dan Penyelenggaraan Rapat Umum Pemegang Saham Perseroan Perusahaan Terbuka dan No.33/POJK.04/2014 tentang Direksi dan Dewan Komisaris Emiten atau Perusahaan Publik.
Sejak tahun 2009, Perseroan menggunakan layanan jasa dari Lembaga Penunjang PT Adimitra Transferindo, yang mana pada tahun 2015 melakukan perubahan nama perusahaannya menjadi PT Adimitra Jasa Korpora, dengan alamat sebagai berikut:
Through Jakarta Automated Trading System of Indonesia Stock Exchange and based on the Deed No. 26 dated 27 September 2011, restated by Deed No. 4 dated 5 October 2011, both were made by Sri Hidianingsih Adi Sugijanto, S.H., Notary in Jakarta, the shareholders approved SCG Building Materials Co., Ltd. to be the new major shareholder of the Company holding 93.51% of the total shares issued by the Company at the end of year 2011.
SCG Building Materials Co., Ltd. is a leading company in building materials industry in Thailand, established on 9 December 1998; with business address at 1 Siam Cement Road, Bangsue Sub-District, Bangsue District, Bangkok, Thailand.
SCG Building Materials, Co., Ltd. made a Tender Offer on 5 July – 3 August 2011 and obtained 3,537,500 shares from public shareholders. To comply with the regulation of Indonesia Capital Market and Financial Institution Supervisory Agency (BAPEPAM & LK) Number IX.H.1, SCG Building materials Co., Ltd. sold all shares resulted from Tender Offer to the Public on 28 November 2012. SCG Building Materials Co., Ltd. holds 14,378,410,753 shares or 96.31% in the Company as of 31 December 2012.
On 15 February 2012 the Company effectively executed Rights Issue II by issuing 6,504,100,000 Series B shares, and fully acquired by shareholders and standby purchasers. Therefore, the total number of shares issued and paid by the Company increased from 8,425,000,000 to 14,929,100,000 shares.
The Company’s Articles of Association were amended along with the corporate action done by Company pursuant to the Deed No. 13 dated 10 October 2011 by Sri Hidianingsih Adi Sugijanto, S.H., Notary in Jakarta, regarding the reduction of capital, issued and paid-up capital and the decrease of share nominal value in relation to quasi-reorganization; and the Deed No. 14 dated 19 April 2012 by Rudy Siswanto, S.H., Notary in Jakarta regarding Rights Issue II; and Deed No. 23 dated 15 July 2015 by Sri Hidianingsih Adi Sugijanto, S.H., Notary in Jakarta in accordance with Financial Services Authority (OJK) Regulation No.32/POJK.04/2014 about Plan and Implementation of General Meeting of Shareholders for Public Company and No.33/POJK.04/2014 about Board of Directors and Board of Commissioners of Public Company.
Since year 2009, Company utilizes service from PT Adimitra Transferindo, which on year 2015 changed its company name to PT Adimitra Jasa Korpora, with address as follow:
4 Annual Report / Laporan Tahunan 2016
PT Adimitra Jasa KorporaRukan Kirana Boutique Office, Blok F3 No. 5Jl. Boulevard RayaKelapa Gading PermaiJakarta Utara 14250
sebagai Biro Administrasi Efek untuk mendukung Perseroan dalam hal administrasi efek dengan biaya sebesar IDR 18.000.000 per tahun.
Laporan Keuangan Perseroan untuk tahun 2016 diaudit oleh Kantor Akuntan Publik Siddharta Widjaja dan Rekan (member dari KPMG International) yang beralamat di Wisma GKBI Lt.33, Jl. Jend. Sudirman Kav.28, Jakarta; sedangkan untuk tahun 2015 diaudit oleh Kantor Akuntan Publik Mulyamin Sensi Suryanto & Lianny yang beralamat di Intiland Tower Lt.7, Jl. Jend. Sudirman Kav.32, Jakarta. Kantor Akuntan Publik melakukan audit laporan keuangan tahunan dengan biaya sebesar IDR 548.142.000.
Sejak bulan Juni 2008, secara berkala Perseroan menggunakan jasa Notaris Sri Hidianingsih Adi Sugijanto, S.H., Notaris di Jakarta, terutama dalam pelaksanaan Rapat Umum Pemegang Saham dengan biaya sebesar IDR 25.000.000 per tahun.
Saat ini, Perseroan memiliki 2 Anak Perusahaan, yaitu PT KIA Keramik Mas (99,21%) yang bergerak di bidang Industri Genteng Keramik beralamat di Jalan Raya Narogong KM. 51,9 Limusnunggal, Cileungsi - Bogor dan di Jalan Raya Karang Andong, Pasinan, Lemah Putih Wringin Anom, Gresik - Surabaya dan PT KIA Serpih Mas (86,68%) yang bergerak di bidang industri Lantai Keramik beralamat di Jalan Raya Narogong KM. 51,9 Limusnunggal, Cileungsi - Bogor dan di Kawasan Industri Surya Cipta, Jalan Surya Lestari Kav. 1 & 2, Kecamatan Ciampel, Karawang Timur dengan porsi kepemilikan sebagaimana skema di bawah ini.
PT Adimitra Jasa KorporaRukan Kirana Boutique Office, Blok F3 No. 5Jl. Boulevard RayaKelapa Gading PermaiJakarta Utara 14250
as share registrar certified by Indonesia Capital Market and Financial Institution Supervisory Agency for the Securities Administration with a fee of IDR 18,000,000 per year.
The Company’s Financial Statement for the year 2016 was audited by Registered Public Accountant Siddharta Widjaja and Partners (member of KPMG International) located at Wisma GKBI, 33rd Floor, Jl. Jend. Sudirman Kav.28, Jakarta; while for the year 2015 was audited by the Registered Public Accountant Mulyamin Sensi Suryanto & Lianny, located at Intiland Tower, 7th Floor, Jl. Jend. Sudirman Kav. 32, Jakarta. Audit fee for the Company’s annual financial statement is IDR 548,142,000.
Since June 2008, the Company periodically utilizes service from Sri Adi Hidianingsih Sugijanto, S.H., Notary in Jakarta, particularly for General Meeting of Shareholders with a fee of IDR 25,000,000 per annum.
Currently, the Company has 2 subsidiaries, i.e. PT KIA Keramik Mas (99.21%) engaged in Ceramic Roof Tile industry, located at Jalan Raya Narogong KM. 51.9 Limusnunggal, Cileungsi - Bogor and Jalan Raya Karang Andong, Pasinan, Lemah Putih Wringin Anom, Gresik - Surabaya and PT KIA Serpih Mas (86.68%) engaged in Ceramic Floor Tile industry, located at Jalan Raya Narogong KM. 51.9 Limusnunggal, Cileungsi - Bogor and Surya Cipta City of Industry, Jalan Surya Lestari Kav. 1 & 2, Ciampel District, East Karawang with ownership as shown in the diagram below:
13.32%
PT Keramika Indonesia Assosiasi Tbk(KIA)
PT KIA Keramik Mas (KKM)
PT KIA Serpih Mas (KSM)
SCG Building Materials Co., Ltd. Masyarakat (Public)
96.31%
0.79% 99.21% 86.68%
3.69%
5Annual Report / Laporan Tahunan 2016
Indonesia telah mempertahankan stabilitas makroekonominya; bersamaan dengan itu turut menyesuaikan diri dengan
perubahan yang terjadi belakangan ini di lingkungan eksternal. Bauran kebijakan makroekonomi dan peluncuran reformasi struktural telah membantu ekonomi Indonesia untuk bertahan terhadap perlambatan pertumbuhan global, menurunnya harga komoditas, dan beberapa gejolak keuangan yang mempengaruhi keadaan ekonomi negara berkembang. Meskipun pertumbuhan ekonomi sedikit melambat, namun tetap berada dalam kondisi yang sehat. Inflasi telah mereda dan posisi eksternal juga mengalami perbaikan. Reformasi struktural yang dimulai pada tahun 2015 telah memberikan perbaikan di lingkungan bisnis. Sentimen positif tercermin dari jumlah arus modal masuk pada tahun 2016, yang ditopang oleh pasar keuangan sebelum terjadi koreksi sejak bulan Oktober 2016, terutama sejak pemilihan umum Amerika Serikat dan naiknya suku bunga acuan oleh Federal Bank (the FED). Secara internal, memanasnya situasi politik di Indonesia dengan persoalan suku, agama, dan ras menyebabkan investor menahan investasinya. Hal ini telah merugikan banyak bisnis, termasuk properti dan pasar real estat.
Meskipun pasar properti dan real estat Indonesia mengalami perlambatan pada tahun 2016, KIA berhasil mencapai penjualan bersih sebesar IDR 863.715.000.000 atau meningkat 8% dibandingkan tahun 2015. Direksi telah melaksanakan rencana
Indonesia has maintained macroeconomic stability, while adjusting well to recent shifts in the external environment.
A prudent mix of macroeconomic policies and the launch of structural reforms has helped the economy weather slow global growth, the commodity down-cycle, and several financial turbulence affecting emerging market economies. While growth has slowed slightly, it has remained robust. Inflation has eased and the external position has improved. Structural reforms that began in 2015 have improved the business environment. Positive sentiment has been reflected in the capital inflows in 2016, which buoyed financial markets before undergoing some corrections starting in October 2016, especially since the United States (US) election and the FED raised its interest rate. Internally, political situation in Indonesia heats up with religious, race and tribe issue; causing investors to hold their investment. This has hurt many businesses, including property and real estate market.
Although Indonesia’s property and real estate market experienced a slow-down in 2016, KIA still manage to achieve net sales of IDR 863,715,000,000 or an increase of 8% compared to 2015. The Board of Directors has executed
Laporan Dewan Komisaris Board of Commissioners Report
Aree ChavalitcheewingulKomisaris Utama -- President Commissioners
6 Annual Report / Laporan Tahunan 2016
a satisfying management plan to surpass the condition. In the future, the Board of Commissioners will fully support the programs and plan proposed by Board of Directors, and optimist that it will bring the Company to achieve its set target. Throughout the year, Board of Commissioners will oversee the implementation of the corporate strategy to ensure all programs and plan will be executed as planned and accomplish its target.
Corporate Governance continues to be the priority for Board of Commissioners as we consistently strive to strengthen our accountability to all our stakeholders. Board of Directors will continuously focus on SCG 4 core values: Adherence to Fairness, Dedication to Excellence, Belief in the Value of Individual, and Concern for Social Responsibility; as standard guidelines for the Company’s Good Corporate Governance. In 2016, the Board of Directors has executed training programs for employees to improve the skill and knowledge of its employees; additionally to express Concern for the Social Responsibility, Company continues Corporate Social Responsibility (CSR) activities, such as SCG Sharing the Dreams 2016 scholarship program, donation of ceramic tiles, donation for religious event (Eid Ul Adha), etc.
In 2017, there is a change in composition of the Board of Commissioners, along with the retirement and promotion of members of the Board of Commissioners.
As we look forward to 2017, we would like to express sincere thanks to the Board of Directors for the hard work and contribution, especially during challenging period, to continuously deliver satisfactory performance for the Company. We will continue to support the programs and activities taken by the Directors in the effort to improve Company’s performance and makes it possible for the Company to expand its business and become a leader in ceramic business in ASEAN.
pengelolaan dengan baik dan memuaskan dalam usahanya melewati kondisi tersebut. Di kemudian hari, Dewan Komisaris akan sepenuhnya mendukung program dan rencana yang diajukan oleh Direksi, dan optimis bahwa program dan rencana tersebut akan membawa Perseroan mencapai target yang telah ditetapkan. Sepanjang tahun ini, Dewan Komisaris akan mengawasi pelaksanaan strategi perusahaan untuk memastikan bahwa semua program dan rencana dilaksanakan sesuai target.
Tata kelola perusahaan terus menjadi prioritas bagi Dewan Komisaris seiring dengan upaya untuk memperkuat akuntabilitas kepada semua pemangku kepentingan. Direksi akan terus fokus pada 4 Nilai Utama SCG: Kepatuhan terhadap Keadilan, Dedikasi terhadap Keunggulan, Keyakinan akan Nilai Individu, dan Kepedulian pada Tanggung Jawab Sosial; sebagai pedoman standar untuk Tata Kelola Perusahaan yang Baik. Di tahun 2016, Direksi telah melaksanakan program-program pelatihan untuk meningkatkan keterampilan dan pengetahuan karyawan; selain itu, untuk mengungkapkan Perhatian terhadap Tanggung Jawab Sosial, Perseroan melaksanakan kegiatan Corporate Social Responsibility (CSR), seperti program beasiswa SCG Sharing the Dreams 2016, sumbangan keramik, sumbangan untuk acara keagamaan (Idul Adha), dll.
Pada tahun 2017, terjadi perubahan komposisi Dewan Komisaris, seiring dengan pensiunnya beberapa anggota Dewan Komisaris dan promosi yang terjadi pada anggota Dewan Komisaris.
Seiring berjalannya waktu 2017, kami mengucapkan terima kasih yang tulus kepada Direksi atas kerja keras dan kontribusi, terutama selama masa menantang, untuk terus memberikan kinerja yang memuaskan bagi Perusahaan. Kami akan terus mendukung program dan kegiatan yang diambil oleh Direksi dalam upaya meningkatkan kinerja Perusahaan dan memungkinkan Perusahaan untuk mengembangkan bisnisnya dan menjadi pemimpin dalam bisnis keramik di ASEAN.
Jakarta, 18 April 2017Atas nama Dewan Komisaris,
On behalf of the Board of Commissioners,
Aree ChavalitcheewingulKomisaris Utama
President Commissioner
7Annual Report / Laporan Tahunan 2016
Perekonomian Indonesia menunjukkan perbaikan yang berkesinambungan, didukung oleh pertumbuhan yang
kuat dan stabilitas makroekonomi yang lebih baik. Pemerintah menerapkan kebijakan makroekonomi dan reformasi struktural dengan hati-hati untuk mendukung perekonomian tetap kuat dan tangguh. Pada tahun 2016, Indonesia mencatat pertumbuhan Produk Domestik Bruto sebesar 5,02% dibandingkan dengan 4,88% pada tahun 2015. Untuk memperbaiki penerimaan pajak, Pemerintah menerapkan program Amnesti Pajak yang dimulai dari tanggal 1 Juli 2016 - 31 Maret 2017, dan dana yang didapatkan dari program ini akan digunakan untuk mendorong perekonomian nasional dengan memberikan berbagai pilihan untuk berinvestasi di berbagai bidang industri, terutama di sektor properti dan real estate.
Meskipun program Amnesti Pajak sudah dilakukan, pada tahun 2016, pasar properti dan real estate masih stagnan dengan pertumbuhan hanya 4,3% dibandingkan 5% pada tahun 2014. Perlambatan di sektor ini memberi efek domino terhadap industri bahan bangunan, termasuk industri keramik. Selain itu, kenaikan upah minimum, biaya listrik, dan depresiasi Rupiah terhadap Dolar Amerika Serikat, telah menyebabkan kenaikan biaya produksi. Pada tahun 2016, Perusahaan membukukan Rugi Bersih sebesar Rp 252.499.000.000; Jumlah Aktiva sebesar Rp 1.859.670.000.000 dan jumlah Kewajiban sebesar Rp 339.640.000.000.
The Indonesian economy shows continuous improvement, supported by robust growth and greater macroeconomic
stability. Government implements prudent mix of macroeconomic policies and structural reforms to help the economy to remain strong and resilient. In 2016, Indonesia recorded GDP growth of 5.02% compared to 4.88% in 2015. To improve tax revenue, Government implemented Tax Amnesty program from 1 July 2016 – 31 March 2017, and funds gathered from this program are to be used to stimulate national economic growth by giving encouragement to invest in various industries, especially property and real estate sector.
Despite the implementation of Tax Amnesty program, in 2016, property and real estate market is still stagnant with growth only 4.3% compared to 5% in 2014. Slow-down in these sectors gives domino effect to building materials industry, including ceramics industry. Additionally, increase of minimum wage, electricity expense, and depreciation of Rupiah towards US Dollar, have caused increased of production cost. In 2016, the Company recorded a Net Loss of IDR 252,499,000,000; total Assets of IDR 1,859,670,000,000 and total Liabilities of IDR 339,640,000,000.
Laporan Dewan Direksi Board of Directors Report
Numpol MalichaiDirektur Utama -- President Director
8 Annual Report / Laporan Tahunan 2016
To increase sales, Company makes variety of promotion program, and continuously expands its collection by launching new sizes, motives, textures and color for wall and floor tile; and introduced new color for roofing tile. To strengthened customers’ brand awareness towards KIA brand, at the end of 2016 KIA changed its Company logo and slogan to “Pioneer in Quality” to remind customers that KIA is not only the first ceramic producer in Indonesia but good product quality is Company’s priority to achieve customers’ satisfaction.
Although ceramic industry experienced difficult and unfavorable condition in 2016, we are optimistic that property and real estate market will improve in 2017, and ceramic industry will surpass all obstacles and recover. We believe as the property sector grow along with Indonesia economy, supported with stable political, economy and social condition, and increase of customers’ purchasing power, demand for ceramic tile will increase as well with expected growth of 10% in 2017.
For the financial year 2016, Management composition of the Company changed with the appointment of new director, following new assignment was given to one of the Directors.
Finally, we would like to express our gratitude to all shareholders, Board of Commissioners, employees and business partners for the continuous support and cooperation made in 2016. We look forward for a greater collaboration in the future and in achieving our target for 2017.
Untuk meningkatkan penjualan, Perusahaan membuat berbagai program promosi, dan terus menambah koleksinya dengan meluncurkan ukuran, motif, tekstur dan warna baru untuk ubin keramik dinding dan lantai; serta memperkenalkan warna baru untuk genteng keramik. Untuk memperkuat brand awareness konsumen terhadap KIA, pada akhir tahun 2016 KIA mengubah logo dan slogan Perusahaan menjadi “Pioneer in Quality” untuk mengingatkan kembali pada pelanggan bahwa KIA bukan hanya produsen keramik pertama di Indonesia, namun kualitas produk yang baik adalah prioritas Perusahaan untuk memberikan kepuasan kepada pelanggan.
Meskipun industri keramik mengalami kondisi yang sulit pada tahun 2016, kami optimis bahwa pasar properti dan real estate akan membaik di tahun 2017, dan industri keramik dapat pulih kembali. Kami yakin sektor properti tumbuh seiring dengan pertumbuhan ekonomi Indonesia, didukung oleh kondisi politik, ekonomi dan sosial yang stabil, serta peningkatan daya beli konsumen; maka permintaan terhadap keramik akan meningkat, dan pertumbuhan diperkirakan sebesar 10% di tahun 2017.
Untuk tahun buku 2016, terdapat perubahan komposisi Manajemen Perseroan dengan diangkatnya direktur baru, seiring dengan tugas baru yang diberikan kepada salah seorang direktur Perseroan.
Terakhir, kami ingin mengucapkan terima kasih kepada seluruh Pemegang Saham, Dewan Komisaris, karyawan dan mitra bisnis atas dukungan dan kerjasama yang baik selama tahun 2016. Kami berharap untuk menjalin kolaborasi yang lebih baik di masa depan untuk mencapai target 2017.
Jakarta, 18 April 2017Atas nama Direksi,
On behalf of the Board of Directors,
Numpol MalichaiDirektur Utama
President Director
9Annual Report / Laporan Tahunan 2016
Aktivitas MarketingMarketing Activities
KIA BoothKeramika Exhibition 2016
10 Annual Report / Laporan Tahunan 2016
W
Pem
elih
araa
nM
aint
enan
ceM
ujam
ilW
ibow
o H
aria
nto
Dir
ektu
r U
tam
aPr
esid
ent D
irect
or
Pram
oth
Phro
mau
e*
Dir
ektu
r O
pera
sion
alO
pera
tion
Dire
ctor
Han
dono
War
ih
Dir
ektu
r P
emas
aran
Mar
ketin
g D
irect
or
Sara
wut
Wor
awat
Dir
ektu
r A
dmin
istr
asi
Adm
inist
rativ
e D
irect
or
Kaew
saw
an A
mat
achi
win
Dir
ektu
r K
euan
gan
Fina
nce
Dire
ctor
Susa
lak
Khie
w-O
rn
Dir
ektu
r P
rodu
ksi
Prod
uctio
n D
irect
or
Chao
valit
Nie
amta
d
Per
sona
lia -
Um
umPe
rson
nel &
Gen
eral
Affa
irs
Yusr
an
Sekr
etar
is Pe
rusa
haan
Corp
orat
e Se
cret
ary
Vera
wat
y Tr
isno
H
Aku
ntan
siAc
coun
ting
Susil
owat
i
Kom
ite
Aud
itAu
dit C
omm
ittee
Aud
it In
tern
alIn
tern
al A
udit
Man
auri
Pard
ede
Tek
nika
lTe
chni
cal
Badr
i Sap
tant
oFi
tria
wat
i End
iriya
n
Eng
& P
rodu
ktiv
itas
Eng &
Prod
uctiv
ity Im
provem
ent
Gun
arso
Mud
ji
Wak
il D
irek
tur
Uta
ma
Vice
Pre
siden
t Dire
ctor
Chal
erm
chai
Chi
rasa
kyak
ul
Pro
duks
iPr
oduc
tion
Bam
bang
Wijo
nark
oAn
war
Yus
uf
Dew
an K
omis
aris
Boar
d of
Com
miss
ione
rs
*) P
er 1
Jan
uari
2017
Dire
ktur
Uta
ma
Pers
eroa
n di
jaba
t ol
eh B
pk. N
umpo
l Mal
icha
i*)
As
of 1
Jan
uary
201
7 Pr
esid
ent
Dire
ctor
of
the
Com
pany
is M
r. N
umpo
l Mal
icha
i
Stru
ktur
Org
anisa
si Pe
rser
oan
Orga
nizat
ion
Stru
ctur
e
11Annual Report / Laporan Tahunan 2016
Laba Rugi Komprehensif 2016 2015 2014 Comprehensive Income
Penjualan 863,715 800,392 898,977 Sales
Laba Kotor (52,161) (54,280) 136,633 Gross Profit
Laba (Rugi) Usaha (168,791) (194,253) 70,488 Operating Income (loss)
Laba (Rugi) Bersih (252,499) (144,635) 79,641 Net Income (loss)
Laba (Rugi) /Komprehensif yang Dapat Diatribusikan kepada:
Pemilik Entitas Induk
Kepentingan non Pengendali
Jumlah
(8,620) (17,140) 82,892
Profit (Loss)/ Comprehensive Attributable to:
Owner of the Parent Entity and
Non-controling Interests
Total
(538) (1,229) 4,852
(9,158) (18,369) 87,744
Laba (Rugi) Bersih per Saham (Rp) (16.09) (9.09) 5.04 Net Income (Loss) per share (in IDR)
Rasio Keuangan dan Informasi Lain 2016 2015 2014 Financial Ratios and Other Information
Rasio Laba Kotor terhadap Penjualan Bersih -6% -7% 15% Gross Profit to Net Sales Ratio
Rasio Laba (Rugi) usaha terhadap Penjualan Bersih -20% -24% 8% Operating Income (Loss) to Net Sales Ratio
Rasio Laba (Rugi) Bersih terhadap Penjualan Bersih -29% -18% 9% Net Income (Loss) to Net Sales Ratio
Rasio Laba (Rugi) Bersih terhadap Jumlah Aset -14% -7% 4% Return on Assets
Rasio Laba (Rugi) Bersih Ekuitas -17% -8% 4% Return on Equity
Rasio Liabilitas terhadap Jumlah Aset 18% 15% 11% Liabilities to Total Assets Ratio
Rasio Liabilitas Terhadap Ekuitas 22% 18% 13% Liabilities to Total Equity Ratio
Rasio Lancar 313% 324% 562% Current Ratio
Posisi Keuangan 2016 2015 2014 Financial Position
Jumlah Aset 1,859,670 2,083,770 2,203,158 Total Assets
Jumlah Liabilitas 339,640 317,492 250,736 Total Liabilities
Jumlah Ekuitas 1,520,030 1,766,278 1,952,422 Stockholders Equity
Arus Kas 2016 2015 2014 Cash Flows
Arus Kas dari Aktivitas Operasi 25,239 (56,750) 51,976 Cash Flow from Operating Activities
Arus Kas dari Aktivitas Investasi (46,051) (86,337) (98,996) Cash Flow from Investing Activities
Arus Kas dari Aktivitas Pendanaan - (22,681) 22,163 Cash Flow from Financing Activities
Jumlah Saham (Lembar) 2016 2015 2014 Number of Shares
Seri A 425,000,000 425,000,000 425,000,000 A Series
Seri B 14,504,100,000 14,504,100,000 14,504,100,000 B Series
Angka-angka pada seluruh tabel dan grafikdinyatakan dalam juta rupiah dan menggunakannotasi bahasa inggris kecuali disebutkan lain
Numerical notation in all tables and graphs inmillions of Rupiah and in English format, unless
stated otherwise
Ikhtisar Keuangan Konsolidasian Consolidated Financial Highlights
12 Annual Report / Laporan Tahunan 2016
Periode / Period
Harga Saham / Share Price Volume Perdagangan /
TransactionVolume
Jumlah Saham Yang Beredar /
Listed Shares
Kapitalisasi Pasar / Market
CapitalizationTertinggi /
HighestTerendah /
LowestPenutupan / Closing
Januari – Maret 2015 150 119 120 5,334,200 14,929,100,000 1,791,492,000,000
April – Juni 2015 130 90 101 4,874,700 14,929,100,000 1,507,839,100,000
Juli – September 2015 115 72 104 2,893,700 14,929,100,000 1,552,626,400,000
Oktober – Desember 2015 125 82 90 1,772,800 14,929,100,000 1,343,619,000,000
Januari – Maret 2016 108 73 78 3,957,800 14,929,100,000 1,164,469,800,000
April – Juni 2016 95 71 82 3,482,500 14,929,100,000 1,224,186,200,000
Juli – September 2016 88 71 75 4,108,900 14,929,100,000 1,119,682,500,000
Oktober – Desember 2016 100 69 80 5,849,300 14,929,100,000 1,194,328,000,000
Pemegang Saham / ShareholdersJenis Saham / Type of Stock Persen / Percentage
(%)Seri A /Series A Seri B / Series B
SCG Building Materials, Co., Ltd. 0 14,378,410,753 96.31%
PT Mitra Investindo Multicorpora 288,140,200 0 1.93%
Public 136,859,800 125,689,247 1.76%
TOTAL 425,000,000 14,504,100,000 100%
Based on the resolutions of Annual General Meeting of Shareholders dated 23 June 2016, the shareholders approved the Company to not allocate Reserve Fund or paying dividend for the book year 2015.
All member of the Board of Commissioners and Board of Directors of the Company, and members of their families hold none of the Company shares.
Berdasarkan keputusan Rapat Umum Pemegang Saham Tahunan tanggal 23 Juni 2016, para Pemegang Saham menyetujui Perseroan untuk tahun buku 2015 tidak melakukan penyisihan laba dan tidak membagikan deviden kepada para pemegang saham.
Seluruh Pengurus Perseroan, yaitu Komisaris, Direksi dan anggota keluarganya tidak ada yang memiliki saham Perseroan.
Informasi SahamShares Information
Informasi Pemegang SahamShare Holder Information
13Annual Report / Laporan Tahunan 2016
1. Tinjauan Keuangan dan Hasil Usaha, Tahun 2016
Laporan keuangan konsolidasi Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2016 diaudit oleh Kantor Akuntan Publik Siddharta Widjaja & Rekan dengan opini: laporan keuangan konsolidasian di sajikan secara wajar dalam semua hal yang material. Laporan Keuangan Konsolidasian disusun dan disajikan berdasarkan Standar Akuntansi Keuangan di Indonesia (“SAK”). Laporan Keuangan Konsolidasian merupakan Konsolidasian dari Laporan Keuangan Perseroan dengan laporan keuangan entitas anak, dimana Perseroan memiliki kepemilikan langsung pada entitas anak , persentase kepemilikan saham untuk PT KIA Serpih Mas 86.68% dan PT KIA Keramik Mas 99,21%.
Laba Rugi Komprehensif
Perseroan dan Anak Perusahaan mencatat pendapatan konsolidasi sebesar Rp. 864 Milyar atau naik sebesar 8 % dibandingkan dengan pendapatan tahun 2015.
Perseroan mencatat rugi kotor tahun 2016 sebesar Rp. (52) Milyar, karena adanya peningkatan Beban Pokok Penjualan sebesar Rp. 61 Milyar dibandingkan dengan tahun 2015. Hal ini terutama diakibatkan oleh peningkatan biaya penggunaan material, dan biaya tenaga kerja.
Rugi bersih tahun 2016 Rp (252 Milyar) naik sebesar 75% atau sekitar Rp. 108 Milyar dibandingkan dengan tahun 2015 Rp. (145) Milyar. Hal ini terutama diakibatkan karena Perseroan mengikuti program Tax Amnesty.
Posisi Keuangan
Aset keuangan group terdiri dari kas dan setara kas, piutang usaha, piutang lain-lain, dan aset tidak lancar lainnya yang dikategorikan sebagai “Pinjaman yang diberikan dan piutang”.
Liabilitas keuangan group terdiri dari utang usaha, utang lain-lain, utang dividen, dan beban akrual yang dikategorikan sebagai “Liabilitas keuangan yang diukur pada biaya perolehan diamortisasi”.
Total Asset di tahun 2016 turun 11% menjadi Rp. 1,8 Triliun dikarenakan penurunan pada pos Kas dan setara kas sebesar Rp. 21 Milyar dari tahun 2015 dan pos persediaan sebesar Rp. 90 Milyar dari tahun 2015.
Total kewajiban di 2016 naik 7% menjadi Rp. 339 Milyar dikarenakan kenaikan pada pos liabilitas pajak tangguhan sebesar Rp. 42 Milyar dari tahun 2015 dan pos kewajiban imbalan kerja jangka panjang sebesar Rp. 22 Milyar dari tahun 2015.
1. Financial Review and Operations Result, Year 2015
The consolidated financial statement of the company for the fiscal year ended 31 December 2016 was audited by Registered Public Accountant Siddharta Widjaja & Partners with opinion: the accompanying consolidated financial Statement present fairly, in all material respects. The Consolidated Financial Statements have been prepared and presented in accordance with Indonesian Financial Accounting Standards (“SAK”). The Consolidated Financial Statements is the consolidation of financial statement of the Company with financial statement of its subsidiaries, in which the company has direct ownership: percentage of ownership in PT KIA Serpih Mas 86.68% and PT KIA Keramik Mas 99.21%.
Comprehensive Income
The Company and its subsidiaries recorded consolidated revenue of IDR 864 Billion, or an increased of 8% compared to 2015.
The Company recorded gross loss in 2016 of IDR (52) Billion, due to an increase of Cost of Sales IDR 61 Billion compared to year 2015. This is mainly caused by an increased of material usage and labour cost.
Net loss in 2016 IDR (252 Billion) or an increased 75% or around IDR 108 Billion compared to year 2015 IDR (145) Billion, which mainly due to Company join Tax Amnesty.
Financial Position
The Group’s financial assets comprise of cash and cash equivalents, trade receivables, other receivables and other non-current assets, which are categorized as “Financial liabilities measured at amortized costs”.
The Group’s financial liabilities consists of trade payables, other payables, dividend payable, and accrued expenses, which are categorized as “Financial liabilities measured at amortized costs”.
Total assets in 2016 decreased by 11% to IDR 1.8 Trillion due to decrease of cash and cash equivalent by IDR 21 Billion from 2015 and inventory IDR 90 Billion from 2015.
Total liabilities in 2016 increased by 7% to IDR 339 Billion due to increase of deferred tax liabilities IDR 42 Billion from 2015 and long term employee benefit liabilities IDR 22 Billion from 2015.
Analisis dan Pembahasan Manajemen Management Analysis & Discussion
14 Annual Report / Laporan Tahunan 2016
Total equity in 2016 decreased by 14% from 2015 to IDR 1.5 Trillion because of increased loss in 2016.
Cash Flows
The consolidated statement of cash flows presents the changes in cash and cash equivalents from operation, investment and financing activities, and is prepared by using direct method.
Cash flow for operating activities increased from IDR (56.7) Billion in 2015 to IDR 25.2 Billion in 2016, resulting from increased sales in 2016 compare 2015.
Cash flow for investment activities decreased from IDR (86.3) Billion in 2015 to IDR 46.0 Billion in 2016, which is due to decreased in spending on Fixed Asset.
2. Dividend Policy
All company’s shares which has been issued and fully paid by shareholders have equal rights, including the rights for dividend payment. Dividend payment must be approved by shareholders in the Annual General Meeting of Shareholders based on Board of Director’s recommendation. Board of Directors able to change the dividend policy any time and must be approved by the General Meeting of Shareholders.
According to Indonesia regulation and Articles of Association of the Company, dividend payment must be approved by shareholders in the Annual General Meeting of Shareholders based on Board of Directors’ recommendation depending on the annual performance of the Company.
Company plans to pay dividend to all shareholders at least once a year, depending on the Company’s financial performance of the current year, as well as its future plans; without lessening the rights of General Meeting of Shareholders to make other decision that is aligned with requirements stated in the Company’s Articles of Association.
3. Product Information
The development of Indonesia property and infrastructure, encourage growth of domestic ceramic product, such as wide selection of size, motive, texture and color for ceramic floor and wall tile, and wider options for type and color for roofing tiles. To guarantee product quality and customer satisfaction, KIA did certification by International Standard (ISO 13006: 2003) and other international standards such as Indonesia National Standard (SNI), Standards and Industrial Research Institute
Total Ekuitas di 2016 turun 14% dari tahun 2015 menjadi Rp. 1,5 Triliun yang disebabkan oleh kenaikan kerugian usaha pada tahun 2016.
Arus Kas
Laporan arus kas Konsolidasian menyajikan perubahan dalam kas dan setara kas dari aktivitas operasi, investasi dan pendanaan di susun dengan metode langsung.
Arus kas dari aktivitas operasi naik dari Rp (56,7) Milyar ditahun 2015 menjadi Rp 25,2 Milyar ditahun 2016, dikarenakan adanya kenaikan penjualan di tahun 2016 dibandingkan tahun 2015.
Arus kas dari aktivitas investasi turun dari Rp (86,3) Milyar ditahun 2015 menjadi Rp 46,0 Milyar ditahun 2016. Hal ini disebabkan karena adanya penurunan pembelanjaan terhadap asset tetap.
2. Kebijakan Dividen
Seluruh saham Perseroan yang telah ditempatkan dan disetor penuh oleh pemegang saham memiliki hak suara yang sama dan sederajat, termasuk hak atas pembagian dividen. Pembayaran dividen harus disetujui oleh pemegang saham dalam Rapat Umum Pemegang Saham Tahunan berdasarkan usulan Direksi. Direksi dapat mengubah kebijakan dividen sewaktu-waktu dan harus disetujui oleh Rapat Umum Pemegang Saham.
Sesuai dengan peraturan perundang-undangan di Indonesia dan Anggaran Dasar Perseroan, pembayaran dividen harus disetujui oleh pemegang saham dalam Rapat Umum Pemegang Saham Tahunan sesuai dengan rekomendasi Direksi berdasarkan kinerja tahunan perseroan.
Perseroan bermaksud untuk membagikan dividen tunai kepada seluruh pemegang saham sekurang-kurangnya sekali dalam setahun, tergantung pada kondisi finansial Perseroan dalam tahun berjalan, serta dikaitkan juga dengan rencana perseroan di masa yang akan datang, tanpa mengurangi hak Rapat Umum Pemegang Saham untuk menentukan keputusan lainnya sesuai dengan ketentuan Anggaran Dasar Perseroan.
3. Informasi Produk
Perkembangan sektor properti dan infrastruktur di Indonesia turut mendorong perkembangan produk keramik yang dihasilkan di dalam negeri, diantaranya tersedianya beragam ukuran, motif, tekstur dan warna untuk produk ubin keramik lantai dan dinding, serta beberapa pilihan tipe dan warna untuk produk genteng keramik. Untuk menjamin kualitas produk dan tingkat kepuasan pelanggan, KIA melakukan sertifikasi dengan Standar Internasional (ISO 13006: 2003) dan standar internasional
15Annual Report / Laporan Tahunan 2016
lainnya seperti Standar Nasional Indonesia (SNI), Standards and Industrial Research Institute of Malaysia (SIRIM), Philippine Standard (PS), dan Thailand Industrial Standard (TIS).
KIAMerek KIA digunakan pada semua produk yang dihasilkan Perusahaan, seperti ubin keramik lantai, ubin keramik dinding dan atap keramik genteng; dengan target pasar untuk segmen menengah ke atas. Pada tahun 2014, tepatnya pada Pameran Keramika, KIA mengeluarkan koleksi terbarunya dengan nama ‘KIA HD’ yang menggunakan teknologi Digital Printing. Adapun beberapa keunggulan produk ini adalah motif yang dihasilkan terlihat lebih natural dan mendekati aslinya dengan 9 motif acak dan desain motif tercetak sampai ke seluruh permukaan keramik. Di tahun 2016, KIA terus mengembangkan koleksinya dengan mengeluarkan ukuran baru, baik untuk keramik dinding maupun lantai. Sebagai produsen keramik pertama di Indonesia, merek KIA telah dikenal di pasar domestik maupun internasional untuk kualitas dan pelayanannya, serta beragam desain dan motifnya yang senantiasa mengikuti tren pasar. Produk KIA didistribusikan secara nasional maupun internasional.
ImpressoMerek Impresso adalah sub-merek KIA, dan ditargetkan untuk segmen menengah ke bawah. Merek Impresso membawahi 2 jenis produk yang dihasilkan oleh Perusahaan, yaitu ubin keramik lantai dan ubin keramik dinding. Dari segi harga, produk Impresso memiliki harga yang lebih terjangkau dibandingkan dengan produk KIA dan seperti halnya dengan produk KIA, produk Impresso juga didistribusikan secara nasional dan internasional
KIA RoofAtap keramik KIA terbuat dari bahan keramik berkualitas baik, dan diproduksi sesuai dengan Pedoman Standar Internasional. Berbagai pilihan warna tersedia sesuai dengan selera pelanggan. Kualitas dan kepuasan pelanggan dijamin.
4. Pengawasan Kualitas Produk
Untuk memperoleh mutu produk yang baik, Perseroan melaksanakan prosedur pengawasan kualitas mutu pada setiap tahap produksi dimulai sejak dari pengadaan bahan baku sampai dengan pengepakan hasil jadi.
Pemeriksaan dan pengujian mutu sesuai dengan standar lokal maupun internasional seperti Standar Nasional Indonesia (SNI), SIRIM (Malaysia) dan PS Mark (Filipina). Pada tahap akhir sebelum pengepakan, secara sampling dilakukan pengujian mutu produk jadi, baik di laboratorium maupun pada pelaksanaan produksi, antara lain meliputi:• Persyaratan Dimensi • Persyaratan Mutu Permukaan • Persyaratan Sifat Fisika dan Kimia
5. Penelitian dan Pengembangan Produk
Penelitian dan pengembangan produk merupakan bagian yang sangat vital bagi Perseroan terutama dikarenakan pasar yang
of Malaysia (SIRIM), Philippine Standard (PS), and Thailand Industrial Standard (TIS). Hence its quality and satisfaction is guaranteed.
KIAKIA brand is used for all products produced by the Company, such as floor tile, wall tile and roofing tile; with the target market medium to high segment. In 2014, at Keramika Exhibition, KIA launched the new collection named ‘KIA HD’ by digital printing technology. Some advantages of this product are motive is printed fully in the surface and resulted in more natural look and close to the originals with 9 random face. In 2016, KIA continues to expand its collection by launching new sizes for wall and floor tile. As the first ceramic producer in Indonesia, KIA brand is well known in domestic and international market for its quality, service, and design variety as it continuously follow market trend. KIA product is distributed nationwide and internationally.
ImpressoImpresso brand is a sub-brand of KIA, and is targeted for the medium low segment. Impresso brand carries 2 types of product produced by the Company, i.e. floor tile and wall tile. In terms of price, Impresso product is more affordable compared to KIA and similar to KIA, it is distributed nationwide and internationally as well.
KIA RoofKIA roofing tile is made from good quality ceramic, and produced according to the International Standard Guidelines. A variety of colour option is available to suit with our customers’ taste. Its quality and satisfaction is guaranteed.
4. Product Quality Control and Testing
To achieve a consistently good quality tile, we implement quality control procedure in every stage of production process, starting from the preparation of raw materials to the final packaging.
Quality control and testing for final goods complies with domestic and international standards such as the Indonesia’s National Standardization Guidelines (SNI), SIRIM (Malaysia) and PS Mark (Philippines). In the final step before packing, sampling quality test is executed in both the laboratory and field, in the following aspects;• Surface condition • Geometric feature (measurement) • Physic feature and resistance to chemicals
5. Product Research and Development
Product research and development is a vital element for Company, especially due to more competitive market,
16 Annual Report / Laporan Tahunan 2016
semakin kompetitif, teknologi dan permintaan pelanggan yang senantiasa berubah seiring dengan kemajuan teknologi. Untuk dapat menciptakan produk-produk yang menarik dan mampu memenuhi permintaan pasar, Perseroan memiliki sarana, prasarana dan peralatan laboratorium industri keramik yang lengkap, serta didukung oleh tenaga ahli berpengalaman.
Dengan fokus pada kepuasan pelanggan, Perseroan selalu berusaha untuk memenuhi permintaan pelanggan dengan cara:• Menyediakan produk berkualitas dan ramah lingkungan
yang diproduksi dengan teknologi terkini dan penggunaan energi yang lebih efisien, sehingga harga menjadi lebih bersaing dan meningkatkan daya saing Perseroan
• Menyediakan produk dengan ukuran, motif (design) dan warna sesuai dengan kecenderungan permintaan pasar
• Mengefisienkan komposisi massa maupun glazur sehingga kualitas produk tetap terjaga dan biaya produksi lebih rendah
• Mencari alternatif bahan baku dengan harga yang lebih kompetitif, kualitas yang konsisten dan bermutu baik
6. Prospek Usaha
Seiring dengan bertumbuhnya perekonomian Indonesia, sektor properti juga mengalami pertumbuhan. Didukung dengan stabilitas kondisi politik, ekonomi, dan sosial, serta peningkatan daya beli masyarakat, permintaan terhadap keramik sebagai salah satu unsur bahan bangunan utama di sektor properti turut meningkat. Ekspektasi pertumbuhan pangsa pasar keramik Indonesia diperkirakan sekitar 10% per tahun pada 2017.
Termasuk dalam 10 besar produsen keramik di Indonesia, Perseroan dan Entitas Anak merupakan salah satu pemimpin di pasar keramik Indonesia dengan kapasitas dan ragam produk yang ada, serta merek yang sudah dikenal baik masyarakat dan cakupan jaringan distribusi dan pemasaran yang luas.
Masuknya SCG Building Materials Co., Ltd. yang merupakan perusahaan manufaktur bahan bangunan terbesar di Thailand, sebagai pemegang saham utama Perseroan pada bulan Juni 2011 makin menguatkan teknologi produksi Perseroan dan kemampuan desain produk.
Untuk memperkuat merk KIA di masyarakat, maka di akhir tahun 2016 akhir ini KIA mempromosikan tampilan dan slogan terbaru “ Pioneer in Quality” karena dengan kualitas dan pelayanannya yang bagus akan membuat KIA menjadi pilhan utama di benak pelanggan.
7. Strategi Usaha
• Dalam menghadapi persaingan di industri keramik, Perseroan akan fokus pada pengembangan produk-produk yang memiliki nilai tambah (HVA products), terutama KIA HD, dengan sasaran pasar untuk segmen menengah ke atas.
• Untuk meningkatkan daya saing dan daya tarik pembeli, Perseroan fokus pada keindahan desain produk, dengan tetap menjaga kualitasnya.
technology advancement and dynamic changes of customer preferences. To develop beautiful tiles and to meet market demand, Company invests in facilities and laboratory tools, and employ professionals.
Focusing on customer satisfaction, the Company manages to meet customer requirements through:• Provide high quality and environmentally friendly product,
produced with up-to-date technology and energy efficiency, resulted in competitive product price and increase of Company’s competitiveness
• Develop product with size, motives (design) and colours that addresses market demand
• Streamline the composition of mass and glaze to maintain product quality and reduction in production cost
• Find alternative raw materials with better price, consistent and good quality
6. Business Prospects
Indonesia property sector grow along with the Indonesian economy. Supported with the stability in politic, economy and social condition, and increase of customers’ purchasing power, demand for ceramic tile as one of the main building materials element in property sector grew as well. Growth expectation for Indonesia ceramic market is about 10% in 2017.
Included in the top 10 ceramic producers in Indonesia, the Company and its subsidiaries is one of the leaders in Indonesia ceramic market with the existing capacity and product variety, added with a well-known brand and wide distribution network.
The entry of SCG Building Materials Co., Ltd. - the largest building materials producer in Thailand on June 2011 as the majority shareholders of the Company strengthened the Company’s production technology and its ability to design variety of beautiful product design.
To strengthen KIA brand awareness di market, at the end of 2016 KIA promoted new image and slogan “ Pioneer in Quality”, because we believe that good quality product and service will take KIA to become the top brand in end user’s mind.
7. Business Strategy
• To stay competitive in the ceramic industry, the Company focuses on developing High Value Added (HVA) products, especially KIA HD with the target market for medium to high segment.
• To increase competitiveness and attract customers, the Company also focuses on developing beautiful product design and maintaining its quality.
17Annual Report / Laporan Tahunan 2016
• Untuk meningkatkan volume penjualan, Perseroan memperkuat jaringan distribusi, meningkatkan kualitas, memberikan banyak pilihan motif, tekstur dan warna, menerapkan program promosi penjualan tahunan dalam berbagai cara, dan mempromosikan ukuran yang lebih besar sesuai dengan kecenderungan permintaan pasar sehingga pembeli memiliki beragam pilihan ukuran sesuai dengan yang diperlukannya.
• Dari sisi produksi, penerapan program pengurangan biaya produksi diantaranya dilakukan dengan cara merekondisi mesin, yang bertujuan untuk meningkatkan efisiensi produksi dan laba operasi.
• Untuk memberikan produk terbaik yang ramah lingkungan bagi konsumen, Perseroan menerapkan proses produksi terbaik dan meningkatkan investasi di bidang teknologi produksi, serta penelitian dan pengembangan.
• Mengembangkan kompetensi karyawan dan menerapkan Total Quality Management (TQM), serta pendekatan pemecahan masalah dalam semua fungsi.
8. Penghargaan
Terkait Hasil Penilaian Peringkat Kinerja Perusahaan Dalam Pengelolaan Lingkungan Hidup ( PROPER ) periode 2014-2015 yang dilakukan oleh Kementerian Lingkungan Hidup sesuai Keputusan Menteri Lingkungan Hidup dan Kehutanan Republik Indonesia No.SK. 557/Menlhk-Setjen/2015 dari total 2.317 perusahaan di seluruh Indonesia maka PT KIA Keramik Mas – Cileungsi plant memperoleh penghargaan bergengsi pada peringkat PROPER BIRU no.urut 366.
Selain menjamin produk jadi sesuai dengan kualitas Nasional dan Internasional yang merujuk pada SNI ISO 13006:2010 ; MS ISO 13006:2003 ; PNS ISO 13006:2007 melalui Surveillance Audit dari Badan Sertifikasi Ls Pro-CENCERA Indonesia; SIRIM Malaysia dan DTI Philippine maka pada tahun 2015 perusahaan juga memperoleh pengakuan dari Badan Sertifikasi Malaysia lainnya yakni CIDB Holding SDN BHD untuk PT KIA Serpih Mas Karawang dan PT Keramika Indonesia Assosiasi,Tbk Karawang.
Pada 2016 KIA menerima penghargaan untuk kategori “Best Ceramic” pada Home Preferred Brand 2016 - Majalah Bintang HOME.
• To increase sales volume, Company strengthen distribution network, improve quality, provide various motives, texture and colour, implement annual sales promotion program through various means, and promote larger sizes following the market trend, so customers have variety of size option according to their needs.
• From production, implementation of cost reduction program through machine reconditioning to increase production efficiency and operating profit.
• To deliver the best and environmentally friendly product for customer, Company applies the best production process and increase investment in production technology, and research and development.
• Develop employee’ competency and implement Total Quality Management (TQM) and problem solving approach in all functions.
8. Awards
Related to the Result Performance Rating in Environmental Management (PROPER) period 2014 – 2015 by Ministry of Environment and as according to the Decision of Indonesia Ministry of Environment and Forestry No.SK. 557/Menlhk-Setjen/2015, out of 2,317 companies across Indonesia, PT KIA Keramik Mas – Cileungsi plant was awarded with PROPER BLUE rating with serial number 366.
Beside ensuring the finished product is according to the National and International quality by reference to SNI ISO 13006:2010; MS ISO 13006:2003; PNS ISO 13006:2007 through Surveillance Audit from the Certification Agency Ls Pro-CENCERA Indonesia; SIRIM Malaysia and DTI Philippine, on 2015 the Company received acknowledgement from other Malaysia Certification Agency – CIDB Holding SDN BHD for PT KIA Serpih Mas – Karawang plant and PT Keramika Indonesia Assosiasi Tbk – Karawang plant.
In 2016, KIA received award for the category of “Best Ceramic” at Home Preferred Brand Award 2016 – Bintang HOME magazine.
Home Preferred Brand Award 2016 for “Best Ceramic” - Majalah Bintang HOME
18 Annual Report / Laporan Tahunan 2016
9. Sumber Daya Manusia
Sumber daya manusia yang berkualitas merupakan salah satu modal penting bagi keberlangsungan Perseroan, dan selaras dengan filosofi usaha SCG (Siam Cement Group) yaitu kepatuhan terhadap keadilan, dedikasi kepada keunggulan, keyakinan pada nilai individu dan kepedulian terhadap tanggung jawab sosial. Perseroan giat melaksanakan pelatihan dan pengembangan di segala bidang, terutama di bidang keselamatan, baik secara internal maupun eksternal untuk meningkatkan kualitas, kompetensi dan keterampilan sumber daya manusia.
Sepanjang tahun 2016, Perseroan melaksanakan berbagai kegiatan pelatihan dan pengembangan sumber daya manusia, diantaranya Operator Hoist Crane, Scaffolding, Operator Forklift, Safety Riding, Confined Space, Contractor Safety Management System, Fire-fighter, Welding, Abridged Business Concept, Leadership Development Program, Supervisory Skill, Business Concept Developmet, Interview Skill, Train the Trainer, dan lainnya.
Sedangkan untuk menunjang kesejahteraan karyawan, Perseroan memberikan tunjangan dan fasilitas, antara lain berupa:• Fasilitas klinik atau penggantian biaya pengobatan, dan
asuransi kesehatan • Fasilitas makan berupa kantin atau uang makan • Fasilitas antar jemput atau pemberian uang transport • Fasilitas ibadah, olahraga dan rekreasi • Lingkungan kerja yang sehat • Jaminan sosial tenaga kerja (Jamsostek) • Koperasi karyawan• Penghargaan masa kerja
9. Human Resources
Human resources quality is one of the Company’s most important capitals to ensure continuity of the Company; and in line with SCG (Siam Cement Group) business philosophy, i.e. adherence to fairness, dedication to excellence, belief in the value of individual, and concern for social responsibility. Company actively held trainings in all field, especially for safety, either internally or externally to improve the quality, competency and skill of the human resources.
In 2016, Company has done various trainings and development activities, such as Operator Hoist Crane, Scaffolding, Operator Forklift, Safety Riding, Confined Space, Contractor Safety Management System, Fire-fighter, Welding, Abridged Business Concept, Leadership Development Program, Supervisory Skill, Business Concept Developmet, Interview Skill, Train the Trainer, dan lainnya.
Meanwhile, to support employees’ welfare, Company provides benefit and facility such as:• Clinic facility or reimbursement of medical expenses, and
health insurance• Canteen facility or meal allowance• Pick-up and delivery facility or transport allowance• Praying, sports and recreation facility• Healthy working environment• Social security • Cooperation• Service year award
Training Activity
BCD, Callibration Mass, Confined Space, Fire FIghter, Forklift, Hoist Crane, Scafolding, Welding and K3 Electricity
19Annual Report / Laporan Tahunan 2016
Sebagai Perseroan Publik, penerapan tata kelola perseroan yang baik merupakan suatu nilai penting dalam lingkungan Perseroan. Oleh karena itu Perseroan secara konsisten terus melakukan pembaharuan standar – standar pengarahan dan pengelolaan untuk memastikan bahwa prinsip tata kelola Perseroan tersebut sesuai dengan peraturan, kebijakan dan etika di lingkungan Perseroan. Tata kelola perseroan yang baik diperlukan untuk kegiatan operasional Perseroan dan dilaksanakan oleh Rapat Umum Pemegang Saham (RUPS), Dewan Komisaris, Dewan Direksi, Komite-Komite, Sekretaris Perseroan, dan Internal Audit.
Seluruh entitas tersebut mempunyai tugas, fungsi, wewenang, dan tanggung jawab masing-masing sesuai dengan pedoman dan prinsip-prinsip tata kelola perseroan yang baik.
1. Pemegang Saham
Rapat Umum Pemegang Saham merupakan komponen penting dari Perseroan yang memiliki kewenangan dalam mengambil keputusan, memberikan persetujuan sesuai dengan peraturan yang berlaku serta Anggaran Dasar Perseroan:a. Mengevaluasi kinerja Dewan Komisaris dan Direksi
b. Menentukan atau mengubah Anggaran Dasar Perseroan.
c. Menyetujui laporan dan menentukan auditor eksternal Perseroan.d. Menentukan remunerasi Dewan Komisaris dan Direksi, dan
e. Membuat keputusan mengenai tindakan korporasi dan transaksi yang memiliki benturan kepentingan.
Selama tahun 2016, para pemegang saham telah melaksanakan tiga kali Rapat Umum Pemegang Saham, yaitu Rapat Umum Pemegang Saham Tahunan pada tanggal 23 Juni 2016, dan Rapat umum Pemegang Saham Luar Biasa pada tanggal 14 Januari 2016, dan pada tanggal 22 November 2016.
2. Dewan Komisaris
Dewan Komisaris terdiri atas anggota Komisaris dan Komisaris Independen yang dipilih dan diangkat oleh Rapat Umum Pemegang Saham (RUPS). Dewan Komisaris melaksanakan tugasnya antara lain sebagai berikut:a. Melakukan penilaian kinerja Direksi berdasarkan pada
pencapaian Key Performance Indicator (KPI).b. Mengawasi operasional Perseroan yang dilakukan oleh dewan direksi
dan memberikan persetujuan terhadap rencana pengembangan, perencanaan strategis jangka panjang serta anggaran tahunan Perseroan, dan penerapan anggaran rumah tangga.
c. Menelaah laporan-laporan yang diberikan oleh Direksi maupun komite.
As a Public Company, implementation of good corporate governance is an important value in the corporate environment. The Company is consistently updating its standards of direction and control to ensure that these principles are in line with the legal and ethical environment in the Company.
The good corporate governance is required for the operational activities of the Company and implemented by General Meeting of Shareholders (GMS), Board of Commissioners, Board of Directors, Committees, Corporate Secretary and Internal Audit.
Each entities have duties, functions, authorities, and responsibilities according to the guidelines and principles of good corporate governance.
1. Shareholders
General Meeting of Shareholders is an important component of the Company which has the authority in making decision, giving approval according to the applicable laws, regulations and Articles of Association:a. Evaluate work of the Board of Commissioners and the Board of
Directors.b. Determine or change the Articles of Association of the
Company.c. Approve reports and determine external auditors of the Company.d. Approve remuneration of Board of Commissioners and Board
of Directorse. Make decisions on corporate action and transaction that have
conflict of interest.
During the year 2016, shareholders have conducted three General Meeting of Shareholders, i.e. the Annual General Meeting of Shareholders held on 23 June 2016 and Extraordinary General Meeting of Shareholders held on 14 January 2016, and 22 November 2016.
2. Board of Commissioners
Board of Commissioners consists of Commissioners and Independent Commissioners selected and appointed by the General Meeting of Shareholders (GMS). Board of Commissioners have duties as follows:a. Assess performance of the Board of Directors based on Key
Performance Indicators (KPI) achievement.b. Monitor Company’s operations which is conducted by the
Board of Directors and give approval for expansion plan, long-term strategic planning and annual budgeting of the Company, and its application on household budgets.
c. Review reports submitted by Board of Directors and Committees.
Tata Kelola PerusahaanCorporate Governance
20 Annual Report / Laporan Tahunan 2016
d. Menyiapkan dan menyampaikan rekomendasi atas temuan dari laporan komite-komite kepada Direksi, dan
e. Memberikan penilaian kinerja dewan direksi.
Pada tahun 2016, fungsi terkait Nominasi dan Remunerasi dijalankan oleh Dewan Komisaris sehubungan belum ditemukannya kandidat yang memenuhi persyaratan. Dalam melaksanakan fungsinya, Dewan Komisaris telah menyusun Pedoman Komite Nominasi dan Remunerasi sesuai dengan ketentuan Peraturan Otoritas Jasa Keuangan (OJK) No. 34/POJK.04/2014 tentang Komite Nominasi dan Remunerasi Emiten atau Perusahaan Publik. Pedoman Komite Nominasi dan Remunerasi memuat antara lain: tugas dan tanggung jawab, komposisi dan struktur keanggotaan, tata cara dan prosedur kerja, penyelenggaraan rapat, sistem pelaporan kegiatan, tata cara penggantian anggota, dan masa jabatan.
Kegiatan Komite Nominasi dan Remunerasi selama tahun buku 2016, antara lain adalah:- Menyusun Pedoman Komite Nominasi dan Remunerasi;
- Menelaah kembali prosedur nominasi;- Menelaah kembali struktur dan kebijakan remunerasi;- Melakukan evaluasi dan pembahasan atas kinerja yang dicapai
masing-masing anggota Dewan Komisaris dan Direksi;
- Melakukan diskusi dengan Dewan Komisaris untuk membahas hasil evaluasi;
- Menyusun usulan rekomendasi pemberian remunerasi untuk tahun 2016;
- Melakukan seleksi calon dan mengusulkan nominasi calon anggota Dewan Komisaris dan Direksi sehubungan dengan telah berakhirnya masa jabatan anggota Dewan Komisaris dan Direksi;
- Menyelenggarakan dan menghadiri rapat dengan agenda tentang Nominasi dan/atau Remunerasi.
Pada tahun 2016, dalam rangka melaksanakan tugasnya, seluruh Dewan Komisaris telah melakukan rapat Dewan Komisaris secara rutin, disamping Rapat Rutin Dewan Komisaris dengan Komite Audit Perseroan dan juga dengan Dewan Direksi yang melibatkan dan dihadiri oleh seluruh Anggota Dewan Komisaris.
Untuk menunjang pelaksanaan fungsi, tugas dan wewenangnya, Dewan Komisaris memperoleh gaji dan imbalan yang ditentukan oleh Rapat Umum Pemegang Saham (RUPS). Pada tanggal 23 Juni 2016 Rapat Umum Pemegang Saham Tahunan telah menyetujui remunerasi Dewan Komisaris untuk tahun 2016 yakni sebesar Rp. 600.000.000,-
Selama tahun 2016, Dewan Komisaris mengadakan enam kali pertemuan atau rapat dengan tingkat kehadiran masing-masing anggota sebagai berikut:
d. Prepare and give recommendations to Board of Directors for findings from committees report, and
e. Assess performance of the Board of Directors.
In 2016, the function of Nomination and Remuneration is run by Board of Commissioners as not yet found qualified candidates. In performing its functions, Board of Commissioners have set Nomination and Remuneration Committee Guidelines according to Financial Services Authority (OJK) Regulation No. 34/POJK.04/2014 about Nomination and Remuneration Committee of Public Company. The guidelines consists of: duties and responsibilities, structure and composition of the members, working procedure, meetings, reporting system, procedure for member replacement, and service period.
Activities of Nomination and Remuneration Committee during year 2016 as follows:- Arrange Guidelines of Nomination and Remuneration
Committee- Review nomination procedure- Review remuneration structure and regulation- Conduct evaluation and discussion for performance achieved
by each member of Board of Commissioners and Board of Directors
- Conduct discussion with Board of Commissioners to discuss evaluation result
- Set recommendation of remuneration for year 2016
- Conduct selection of candidate and proposed nomination of potential candidate to Board of Commissioners and Board of Directors in relation to termination period of members of Board of Commissioners and Board of Directors
- Organize and attend meetings with agenda about Nomination and/or Remuneration.
In 2016, to carry out their duties, the Board of Commissioners have held regular meetings, beside those that was held between Board of Commissioners and Audit Committee, as well as Board of Directors of the company involving and attended by all Members of the Board of Commissioners.
To support implementation of its functions, duties and responsibilities, Board of Commissioners received benefits as determined by the General Meeting of Shareholders (GMS). On 23 June 2016, Annual General Meeting of Shareholders approved the remunerations and benefits for the Board of Commissioners in 2016 is IDR 600,000,000,-
During 2016, Board of Commissioners held six meetings with the following attendance rate from each member:
21Annual Report / Laporan Tahunan 2016
3. Dewan Direksi
Direksi bertanggung jawab untuk memimpin dan mengatur penyusunan strategi dan kebijakan untuk pengelolaan operasional sehari-hari perseroan.
Rapat Direksi dilaksanakan setiap bulan dengan dihadiri minimal oleh ¾ orang anggota Direksi dan notulen rapat dilaporkan kepada Dewan Komisaris. Disamping Rapat Internal Direksi, juga dilaksanakan rapat gabungan antara Dewan Direksi dan Dewan Komisaris. Rapat-rapat Direksi dilaksanakan dengan beragam agenda menyangkut kebijakan, operasional dan realisasi pelaksanaan operasional di lapangan baik mengenai produksi, strategi market, perencanaan CSR, evaluasi penjualan, dan hal-hal lain yang memerlukan keputusan atau rekomendasi dari Direksi
Besarnya remunerasi yang diterima oleh Direksi ditentukan oleh Rapat Umum Pemegang Saham (RUPS). Pada tanggal 23 Juni 2016, berdasarkan rekomendasi Dewan Komisaris dan disetujui oleh Rapat Umum Pemegang Saham Tahunan sebesar Rp. 8.410.929.680.
Berikut jumlah kehadiran anggota Direksi pada rapat-rapat yang diselenggarakan selama tahun 2016 :
3. Board of Directors
Directors are responsible to lead and make strategy and policy of the Company for managing daily operations.
Board of Directors’ Meetings were held monthly with attendance of at least ¾ of the Members of the Board of Directors. Minutes of the Board of Directors meeting were reported to the Board of Commissioners. Besides the Board of Directors’ Meeting, there were also joint meetings between the Board of Directors and the Board of Commissioners. Agenda of the Board of Directors meetings relates to policies, operations and realization of operations in the field on production, strategic market planning, CSR, sales evaluation, and other matters that requires decision or recommendation from the Board of Directors.
Remunerations and benefits received by the Board of Directors were determined by the General Meeting of Shareholders (GMS).On 23 June 2016, by recommendation from the Board of Commissioners and approve by the Annual General Meeting of Shareholders, the remuneration and benefit received is IDR 8,410,929,680.
Below is the attendance rate of member of Board of Directors for meetings held during the year 2016 :
Peserta MeetingMeeting Participant
JabatanPosition
Jumlah RapatMeeting Frequency
KehadiranAttendance
Presentase tingkat Kehadiran
Attendance Percentage
Pramoth Phromaue Direktur UtamaPresident Director
12 12 100%
Chalermchai Chirasakyakul DirekturDirector
12 12 100%
Jamrak Thientawat DirekturDirector
11 11 100%
Susalak Khiew-Orn DirekturDirector
1 1 100%
Kaewsawan Amatachiwin DirekturDirector
12 12 100%
Tabel Tingkat Kehadiran Rapat Direksi Attendance Rate Table of Board of Directors Meeting
Peserta MeetingMeeting Participant
JabatanPosition
Jumlah RapatMeeting Frequency
KehadiranAttendance
Presentase tingkat Kehadiran
Attendance Percentage
Pichit Maipoom Komisaris UtamaPresident Commissioner
6 6 100%
Kajohndet Sangsuban KomisarisCommissioner
6 6 100%
Aree Chavalitcheewingul KomisarisCommissioner
6 6 100%
Surasak Kraiwitchaicharoen KomisarisCommissioner
6 6 100%
Padung Likitsajjakul Komisaris Commissioner
6 6 100%
Thanarak Silavanich Komisaris Commissioner
6 6 100%
Tabel Tingkat Kehadiran Rapat Dewan Komisaris Attendance Rate Table of Board of Commissioners Meeting
22 Annual Report / Laporan Tahunan 2016
Informasi tabel diatas berlaku untuk periode Jan-Des 2016. Ibu Susalak Khiew-Orn mulai menjabat sebagai Direktur sejak 22 November 2016. The above table shows information for the period Jan-Dec 2016. Mrs. Susalak Khiew-Orn Directorship started from 22 November 2016.
Peserta MeetingMeeting Participant
JabatanPosition
Jumlah RapatMeeting Frequency
KehadiranAttendance
Presentase tingkat Kehadiran
Attendance Percentage
Pichit Maipoom Komisaris UtamaPresident Commissioner
3 3 100%
Kajohndet Sangsuban KomisarisCommissioner
3 3 100%
Aree Chavalitcheewingul KomisarisCommissioner
3 3 100%
Surasak Kraiwitchaicharoen KomisarisCommissioner
3 3 100%
Padung Likitsajjakul KomisarisCommissioner
3 3 100%
Thanarak Silavanich KomisarisCommissioner
3 3 100%
Pramoth Phromaue Direktur UtamaPresident Director
3 3 100%
Chalermchai Chirasakyakul DirekturDirector
3 3 100%
Jamrak Thientawat DirekturDirector
2 2 100%
Susalak Khiew-Orn DirekturDirector
1 1 100%
Kaewsawan Amatachiwin DirekturDirector
3 3 100%
Sarawut Worawat DirekturDirector
3 3 100%
Chaovalit Nieamtad DirekturDirector
3 3 100%
Handono Warih Direktur IndependenIndependent Director
3 3 100%
Informasi tabel diatas berlaku untuk periode Jan – Des 2016. Bapak Aree Chavalitcheewingul menjabat sebagai Komisaris Utama sejak 1 Januari 2017; sedangkan Bapak Nantapong Chantrakul dan Bapak Kittiphong Photaranon mulai menjabat sebagai Komisaris sejak 1Januari 2017.
The above table shows information for the period of Jan-Dec 2016. Mr. Aree Chavalitcheewingul served as President Commissioner from 1 January 2017; while Mr. Nantapong Chantrakul and Mr. Kittiphong Photaranon served as Commissioner from 1 January 2017 onwards.
Sarawut Worawat DirekturDirector
12 12 100%
Chaovalit Nieamtad DirekturDirector
12 12 100%
Handono Warih Direktur IndependentIndependent Director
12 12 100%
Tabel Tingkat Kehadiran Rapat Gabungan Dewan Komisaris dan Direksi
Attendance Rate Table for Joint Meeting of Board of Comissioners and Board of Directors Meeting
4. Komite-komite
4.1. Komite Audit
Komite Audit membantu Dewan Komisaris dalam pengawasan terhadap: proses pelaporan keuangan, sistem pengendalian internal dan proses audit, baik yang dilakukan oleh Internal
4. Committees
4.1. Audit Committee
Audit Committee assists Board of Commissioners in supervision of: the financial reporting process, internal control system and audit proccess by both internal and external Auditors,
23Annual Report / Laporan Tahunan 2016
maupun Eksternal Auditor, kepatuhan Perseroan terhadap seluruh aturan perundang-undangan yang berlaku serta pelaksanaan tata kelola perseroan yang baik. Tugas dan tanggung jawab Komite Audit sebagai berikut:1. Menelaah informasi keuangan yang dikeluarkan Perseroan
kepada publik dan/atau pihak otoritas antara lain laporan keuangan, proyeksi, dan laporan lainnya terkait dengan informasi keuangan.
2. Menelaah ketaatan terhadap peraturan perundang-undangan yang berhubungan dengan kegiatan operasional sehari-hari.
3. Menelaah pelaksanaan pemeriksaan oleh auditor internal dan mengawasi pelaksanaan tindak lanjut oleh Direksi atas temuan auditor internal.
4. Menelaah aktivitas pelaksanaan manajemen risiko yang dilakukan oleh Direksi, dan
5. Memberikan rekomendasi kepada Dewan Komisaris mengenai penunjukan Akuntan yang didasarkan pada independensi, ruang lingkup penugasan, dan fee.
Susunan lengkap keanggotaan Komite Audit per tanggal 28 September 2012 berdasarkan Surat Pemberitahuan Perseroan kepada Bapepam No.: 108/Srt.Corsec-KIA/09/12 tanggal 28 September 2012 adalah sebagai berikut:
a. Padung Likitsajjakul (Ketua)
Ketua Komite Audit dijabat oleh Komisaris Independen Perseroan, yaitu Padung Likitsajjakul yang berlatar belakang Master di bidang Public Administration dari National Institute of Development Administration Thailand. Saat ini beliau menjabat sebagai Chief Culture Officer di DT. Group of Companies Thailand
b. Firdaus Erossen Simonli (Anggota)
Ditunjuk selaku anggota Komite Audit sejak tanggal 15 juli 2011. Beliau adalah alumni Fakultas Ekonomi, Jurusan Akuntansi di Sekolah Tinggi Ekonomi Indonesia tahun 1987 dan meraih gelar Akuntan melalui jalur UNA pada tahun 2003. Pernah menjabat sebagai Finance and Administration Manager pada PT Pulung Copper Works dari tahun 1995 sampai 2000. Sejak tahun 2001 sampai sekarang beliau menjabat sebagai Direktur di PT Oktabisnisindo Konsultan. c. Lamhot Lumban Tobing (Anggota)
Mulai menjabat sebagai anggota Komite Audit sejak tanggal 28 september 2012. Beliau menyelesaikan studinya pada tahun 1990 di Fakultas Ekonomi Jurusan Akuntansi Universitas Sumatera Utara, & juga alumni Fakultas Hukum jurusan Hukum Bisnis dari Universitas Indonesia tahun 2002. Pada tahun 1991 sampai 2001 memulai karirnya pada PT MSA Kargo International (MSAS-Exel Group) sebagai Manager Accounting. Pernah menjabat sebagai Partner di kantor hukum “Irawan, Tobing & Osmar” dari tahun 2006 sampai 2008. Sejak tahun 2008 sampai sekarang beliau menjabat sebagai Managing Partners di kantor hukum “Lamhot Tobing, Rahmadi & Partners”.
Rapat Komite Audit dilaksanakan setiap 2 (dua) bulan sekali dihadiri sedikitnya 2/3 orang anggota serta auditor internal yang
Company’s adherence to all applicable laws and regulations and the implementation of good corporate governance. Duties and responsibilities of Audit Committee as follows:
1. Review financial information issued by the Company to the public and/or authorities such as financial reports, projections, and other statements related to financial information;
2. Review compliance with laws and regulations related to daily operations.
3. Review the implementation of the internal audit checking and oversee the follow-up implementation by Board of Directors on findings of internal auditors.
4. Review the implementation of risk management activities undertaken by the Board of Directors, and
5. Provide recommendations to the Board of Directors for the appointment of Registered Public Accountant based on independence, scope of assignment and its fee.
Complete composition of the Audit Committee by 28 September 2012 based on the Company’s Notice to Bapepam No.: 108 / Srt.Corsec-KIA / 09/12 on 28 September 2012 is as follows:
a. Padung Likitsajjakul (Chairman)
Audit Committee is chaired by an Independent Commissioner of the Company, namely Padung Likitsajjakul, Master Degree in Public Administration from the National Institute of Development Administration of Thailand. Currently, he serves as a Chief Culture Officer at DT, Group of Companies in Thailand.
b. Firdaus Erossen Simonli (Member)
Appointed as a member of the Audit Committee since 15 July 2011. Graduated in Accounting Degree from Economic Faculty, Sekolah Tinggi Ekonomi Indonesia in 1987 and holds a Certified Public Accountant through the UNA in 2003. Previously, served as Finance and Administration Manager in PT Pulung Copper Works from year 1995 to 2000. Since 2001 until now he has served as a Director of PT Oktabisnisindo Consultant.
c. Lamhot Lumban Tobing (Member)
Appointed as a member of the Audit Committee since 28 September 2012. Graduated with Accounting Degree from Economic Faculty, University of North Sumatera in 1990 and graduated from Law Faculty (Business Law) from University of Indonesia in 2002. He began his career as Accounting Manager in PT MSA Kargo International (MSAS-Exel Group) during 1991 to 2001. Previously, served as a Partner at law firm Irawan, Tobing & Osmar from 2006 to 2008. Since 2008 until now he served as Managing Partners at the law firm Lamhot Tobing, Rahmadi & Partners.
Audit Committee meetings were held once every two months, attended by at least 2/3 members as well as the internal auditor
24 Annual Report / Laporan Tahunan 2016
Laporan Komite Audit
Komite Audit dibentuk oleh Dewan Komisaris untuk membantu dan memperkuat fungsi Dewan Komisaris dalam menjalankan fungsi pengawasan (oversight) atas:- Proses pelaporan keuangan- Manajemen resiko- Aktivitas pelaksanaan audit, dan- Implementasi Good Corporate Governance (GCG) di perseroan
Komite Audit telah melaksanakan kegiatan sesuai dengan pedoman kerja yang termuat dalam Piagam Komite Audit. Dalam pelaksanaan tugas, Komite Audit mendapat dukungan penuh dari Manajemen dan kerjasama dari internal audit, meliputi keterbukaan pelaporan keuangan, strategi dalam pengelolaan resiko, independensi dan kualitas pekerjaan auditor internal dan eksternal, serta memastikan bahwa prinsip-prinsip GCG telah dijalankan oleh perseroan.
Komite Audit telah mendiskusikan dengan auditor external mengenai pelaksanaan hasil audit atas laporan keuangan, termasuk efektivitas pengendalian internal, temuan dan rekomendasi, manajemen risiko di area yang signifikan, dan keterbukaan informasi.
Berdasarkan kajian tersebut, sepanjang tahun 2016 Komite Audit tidak menemukan masalah-masalah yang dapat membahayakan kelangsungan operasional dari Perseroan.
4.2. Komite Kepatuhan
Komite ini dibentuk oleh Dewan Direksi pada tanggal 7 Desember 2012. Komite ini bertanggung jawab atas pelaksanaan ketaatan Perseroan terhadap peraturan perundang-undangan yang sesuai dengan operasional perseroan. Adapun area-area yang dimaksud adalah Sumber Daya Manusia dan remunerasi, Keselamatan dan Kesehatan Kerja, Lingkungan, Perpajakan, serta Supply Chain.
Susunan lengkap keanggotaan Komite kepatuhan tahun 2016, adalah sebagai berikut:
Audit Committee Report
Audit Committee is appointed by the Board of Commissioners to assist and support the Board of Commissioners in carrying out its supervisory function related to:- Financial reporting process- Risk management- Auditing activities, and- Implementation of Good Corporate Governance (GCG) in the Company
Audit Committee has performed its activities in accordance with Audit Committee Charter. In implementing its duties, the Audit Committee is fully supported by the Management and cooperation from Internal Audit, including disclosure of financial statements, risk management strategy, independence of internal and external auditors, and determination of GCG principles implemented in the Company.
Audit Committee has discussed with the Company’s external auditors about audit results on the financial statements including effectiveness of internal controls, audit findings and recommendations, risk management in significant areas, and information of disclosure.
Based on prudent reviews during the year 2016, the Audit Committee did not find significant issues that may jeopardize continuity of operations of the Company.
4.2. Compliance Committee
Compliance Committee was established by the Board of Directors on 7 December 2012. Compliance Committee is responsible to ensure that all activities of the Company complies with all laws and regulations relevant to the operation of the Company, such as in the areas of Human Resources and Remuneration, Occupational Health and Safety, Environment, Taxation, and Supply Chain.
The complete composition of compliance committee in 2016, as follow:
Peserta MeetingMeeting Participant
JabatanPosition
Jumlah RapatMeeting Frequency
KehadiranAttendance
Presentase tingkat Kehadiran
Attendance Precentage
Padung Likitsajjakul Ketua Komite AuditChief of Audit Committee
6 4 60%
Firdaus Erossen Simonli AnggotaMember
6 6 100%
Lamhot Lumban AnggotaMember
6 6 100%
menjalankan tugas sesuai dengan penugasan dari Komite Audit. Pembahasan dalam rapat mengenai peraturan dalam Perseroan, sistem pengendalian dalam Perseroan, menelaah laporan Audit internal serta Eksternal Auditor.
Berikut adalah jumlah kehadiran anggota Komite Audit pada rapat yang diselenggarakan di tahun 2016 :
whose duties are assigned by the Audit Committee. Discussion in the meetings include the Company’s rules and internal control system, review Internal and external Audit’s report.
Below is the attendance rate of the members of Audit Committee for meetings held in year 2016 :
25Annual Report / Laporan Tahunan 2016
1. Handono Warih - Direktur Independen S1 Institut Teknologi Nasional, Malang, 1986. Pengalaman Kerja : Sejak 1997 bekerja di KIA sebagai Plant Manager.
2. Gunarso - Productivity Improvement Manager S1 Matematika, Institut Teknologi Surabaya, Surabaya, 1991. Pengalaman Kerja: Sejak 1996 sudah bekerja di KIA sebagai Purchasing.
3. Yusran - PGA Manager S1 Fakultas Hukum, Universitas Krisnadwipayana, Jakarta, 1987. Pengalaman Kerja : Sejak 1985 bekerja di kantor advokat dan personalia di berbagai
perusahaan. Bergabung di KIA sejak 2006.
4. Jemmy Lamry - Purchasing Manager S1 Teknik Mesin, Universitas Trisakti, Jakarta, 1988. Pengalaman Kerja: Sejak1989 berpengalaman sebagai purchasing di beberapa
perusahaan. Bergabung di KIA sejak 2010.
5. Firdaus – General Affair Supervisor D3 Komputer Akuntansi, LKPIJ, Bandung, 1995. Pengalaman Kerja: Sejak 1995 bekerja sebagai staff General Affair di salah satu
perusahaan properti. Bergabung di KIA sejak 1997.
6. Mudji Santoso - Engineering Superintendent S1 Teknik Elektro, Universitas Brawijaya, Malang, 1990. Pengalaman Kerja: Sejak 1990 bekerja sebagai Engineer di berbagai perusahaan Bergabung di KIA sejak 1997.
7. Mujamil - Engineering Manager STM PGRI 3 Surabaya, 1990. Pengalaman Kerja : Sejak tahun 1996 sudah bekerja di KIA.
8. Verawaty Trisno Hadijanto – Sekretaris Perusahaan Bachelor of Business and Commerce (Marketing and
E-Commerce) Honours, Monash University, Malaysia, 2003. Pengalaman Kerja: Sejak 2003 bekerja sebagai staff Marketing di berbagai
perusahaan. Bergabung di KIA sejak 2012.
9. Mohammad Audrian Insya – Legal Officer S1 Hukum, Universitas Indonesia, Jakarta, 2011. Pengalaman Kerja: Sejak 2011 bekerja sebagai Associate Lawyer di salah satu
kantor advokat. Bergabung di KIA sejak 2015.
1. Handono Warih - Independent Director National Institute of Technology, Malang, 1986. Experience : Join KIA since 1997 as Plant Manager.
2. Gunarso - Productivity Improvement Manager Bachelor of Engineering (Mathematics), Institute Technology of
Surabaya, Surabaya,1991. Experience: Join KIA since 1996 as Purchasing.
3. Yusran - PGA Manager Bachelor of Law, Krisnadwipayana University, Jakarta, 1987. Experience : Since 1985 work at law firm and personnel in several companies. Join KIA since 1996 as Purchasing.
4. Jemmy Lamry - Purchasing Manager Bachelor of Engineering, Trisakti University, Jakarta, 1988. Experience: Since 1989 work as Purchasing in several companies. Join KIA since 2010.
5. Firdaus – General Affair Supervisor D3 Accounting Computer, LPKIJ, Bandung, 1995. Experience : Since 1995 worked as General Affairs staff at one of the
property companies Join KIA since 1997.
6. Mudji Santoso - Engineering Superintendent S1 Electrical Engineering, Brawijaya University, Malang, 1990. Experience : Since 1990 worked as an engineer in various companies Join KIA since 1997.
7. Mujamil - Engineering Manager STM PGRI 3 Surabaya, 1990. Experience: Since 1996 already work at KIA in Engineering Department.
8. Verawaty Trisno Hadijanto – Corporate Secretary Bachelor of Business and Commerce (Marketing and
E-Commerce) Honours, Monash University, Malaysia, 2003. Experience: Since 2003 worked as Marketing staffs in various companies Join KIA since 2012.
9. Mohammad Audrian Insya – Legal Officer Bachelor of Law, Universitas Indonesia, Jakarta, 2011. Experience: Since 2011 worked as an Associate Lawyer at a law firm Join KIA since 2015.
26 Annual Report / Laporan Tahunan 2016
10. Manauri Pardede - Internal Audit S1 Akuntansi, Universitas Janabadra, Yogyakarta, 2006. Pengalaman Kerja : Sejak 2007 bekerja sebagai Internal Auditor Bergabung di KIA sejak 2012.
Komite Kepatuhan dipimpin oleh salah seorang Direktur dan beranggotakan perwakilan departemen yang bekerja secara independen, melapor dan bertanggung jawab langsung kepada Direktur Utama.
Komite Kepatuhan mengadakan rapat dan evaluasi membahas semua perkembangan yang terjadi di perusahaan setiap 1 (satu) bulan sekali secara rutin.
Sepanjang tahun 2016, Komite Kepatuhan telah menyelenggarakan rapat-rapat dan evaluasi sesuai jadwal yang direncanakan.
5. Sekretaris Perseroan
Tugas dan tanggung jawab Sekretaris Perseroan adalah mengikuti perkembangan pasar modal dan peraturan terkait, menyediakan informasi yang berhubungan dengan Perseroan, memberikan masukan dan nasihat kepada Direksi Perseroan berkaitan dengan peraturan pasar modal, sebagai penghubung antara Perseroan dengan otoritas Pasar Modal, Pemegang Saham, Investor dan pemangku kepentingan lainnya dan juga sebagai pengelola administrasi yang terkait dengan organ-organ Perseroan menurut ketentuan perundangan yang berlaku. Sekretaris Perseroan juga bertanggungjawab dalam memilih media komunikasi yang akan digunakan dan koordinasi yang diperlukan untuk selalu menjaga integritas Perseroan dalam konteks informasi yang diberikan kepada masyarakat.
Berdasarkan Surat Perseroan No. 176/Srt.Corsec-KIA/05.2015 yang ditujukan kepada Otoritas Jasa Keuangan (OJK) dan Bursa Efek Indonesia (BEI) Perihal Pemberitahuan Pergantian dan Pengangkatan Sekretaris Perseroan (Corporate Secretary) tanggal 08 Mei 2015, Sekretaris Perseroan diangkat oleh Direksi Perseroan, dijabat oleh Sdri Verawaty Trisno Hadijanto. Dengan latar pendidikan di bidang Business and E-Commerce. Sdri Verawaty Trisno Hadijanto adalah lulusan Pascasarjana Fakultas Business and E-Commerce Monash University Malaysia. Bergabung di Perseroan sejak Januari 2012.
Sepanjang tahun 2016 Sekretaris Perusahaan telah melaksanakan tugas kesehariannya sesuai dengan fungsi dan kewenangannya dalam menyelenggarakan RUPS, Public Expose, pelaporan-pelaporan baik rutin maupun insidentil, mengikuti perkembangan regulasi pasar modal, menjalin komunikasi dengan stakeholder dan lain-lain.
10. Manauri Pardede - Internal Audit Bachelor of Accounting, Janabadra University, Yogyakarta, 2006. Experience: Since 2007 work as Internal auditor. Join KIA since 2012.
Compliance Committee is chaired by a Director, consists of representatives of all department, work independently, report and responsible directly to the President Director.
Compliance Committee held a meeting and evaluation on regular basis once every month and discuss the development occured in the Company.
Throughout 2016, Compliance Committee held meetings and evaluationas the planned schedule.
5. Corporate Secretary
Duties and responsibilities of the Corporate Secretary is to follow the development of capital markets and regulations, provide information related to the Company business, provide input and advice to the Board of Directors relating to the regulations of capital markets, act as a liaison between the Company and Capital Market authorities, shareholders, investors and other stakeholders as well as administrators associated with the Company in accordance with existing laws. The Corporate Secretary is also responsible for appropriate communication and coordination required for information provided to the public.
Based on the Company Letter No. 176/Srt.Corsec-KIA/05.2015 addressed to Financial Services Authority (OJK) and Indonesia Stock Exchange (IDX) regarding the Notification of Replacement and appointment of the Corporate Secretary dated 8 May 2015, the Board of Directors appointed Verawaty Trisno Hadijanto as the Corporate Secretary. She graduated from the Master Degree Program from Faculty of Business and Commerce, Monash University, Malaysia. She has working experience in Business and E-Commerce. She joined the Company since January 2012.
Throughout 2016, Corporate Secretary carried out their daily tasks in accordance with the functions and authority in organizing the General Meeting of Shareholders, Public Expose, reportings, both routine and incidental, following the development of capital market regulation, establish communication with stakeholders and others.
27Annual Report / Laporan Tahunan 2016
6. Internal Audit
Internal Audit dibentuk dalam rangka memantau dan menerapkan pengendalian internal Perseroan. Perseroan menerapkan sistem pengawasan dan pengendalian internal berbasis risiko dengan mengacu kepada piagam audit internal yang ditetapkan berdasarkan keputusan direksi yang mengacu pada keputusan ketua Bapepam dan Lembaga Keuangan No. KEP-496/BL/2008. Kepala Unit Audit Internal Perseroan dijabat oleh Manauri pardede berdasarkan surat perseroan No. 001/KIA-COM/04/2013 tertanggal 2 April 2013. Beliau berlatar belakang pendidikan Sarjana Ekonomi Akuntansi, Fakultas Ekonomi Universitas Janabadra, Yogyakarta, dengan pengalaman kerja sebagai Supervisor Internal Audit di beberapa perseroan sebelum bergabung di Perseroan sejak Februari 2012.
Di tahun 2016, Internal Audit telah melaksanakan 7 (Tujuh) audit terhadap Prosedur dan Review Sistem Pengendalian Internal:1. Melakukan Pemeriksaan atas Manajemen Kas.2. Melakukan Pemeriksaan atas prosedur penjualan barang
reject dan barang bekas.3. Melakukan Pemeriksaan atas Hutang Usaha.4. Melakukan Pemeriksaan Uang Muka.5. Melakukan Pemeriksaan Kas Kecil.6. Melakukan Pemeriksaan atas pengadaan barang dan Jasa.
7. Sistem Pengendalian Internal
a. Pengendalian Keuangan dan Operasional
Sistem Pengendalian Internal (SPI) yang efektif merupakan komponen penting bagi Perseroan dan menjadikannya sebagai dasar bagi kegiatan operasional yang sehat dan aman. Dengan SPI akan membantu Perseroan dalam hal mekanisme pengawasan seperti menjaga aset, dampak kerugian, dan kepatuhan terhadap perundangan.
Perseroan telah membuat SPI yang berlaku efektif dapat membantu Perseroan akan informasi keuangan yang dapat dipercaya, meningkatkan kepatuhan Perseroan terhadap peraturan perundang-undangan yang berlaku, serta mengurangi risiko terjadinya kerugian keuangan dan operasional, penyimpangan dan pelanggaran aspek kehati-hatian.
b. Evaluasi Atas Efektivitas Sistem Pengendalian Internal
Untuk mengevaluasi atas efektivitas SPI, Perseroan telah membentuk Internal Audit Departemen (IAD) yang bertugas sebagai Satuan Pengawasan Internal. Hasil evaluasi dari IAD menjadi salah satu dasar evaluasi Manajemen terhadap efektifitas SPI dan untuk menentukan perbaikan dan penyempurnaan sistem ataupun kebijakan yang memungkinkan Manajemen dapat secara lebih efektif menjalankan kegiatan operasional Perusahaan sesuai dengan Tata Kelola Perusahaan yang baik.
Sistem Pengendalian Intern dilaksanakan secara sistematis dan efektif dalam berbagai aspek Perseroan untuk mengelola risiko dan untuk mendukung Tata Kelola Perseroan yang baik.
6. Internal Audit
Internal Audit was established in order to monitor and implement the Company’s internal control. Company introduced a system of supervision and internal controls with respect to the risk-based internal audit charter, defined by reference to the decision-making board of directors and chairman of Bapepam No. Kep-496/BL/2008.
Chief of Internal Audit Unit of the Company is Manauri Pardede appointed by a letter No. 001/KIA-COM/04/2013 dated 2 April 2013. He is a Bachelor Degree of Accountant, Economics Faculty, University of Janabadra, Yogyakarta with experience as Internal Audit Supervisor at several companies before joining the Company in February 2012.
In 2016, Internal Audit has conducted 7 (Seven) audits of Procedure and Review of Internal Control Systems:1. Perform Audit of Cash Management.2. Perform Audit of procedures reject goods sales and scrap.
3. Perform Audit of Account Payble.4. Perform Audit of Cash Advance.5. Perform Audit of Petty Cash.6. Perform Audit Procurement of Goods and Services.
7. Internal Control System
a. Financial and Operational Control
Effective Internal Control Systems (ICS) is an important component for the Company and is a basis for health and safety operation activities. ICS will assist Company in terms of control mechanisms such as asset maintainance, the impact of loss, and compliance with regulations.
The Company has effectively made a valid ICS to help the Company for reliable financial information, enhance Company’s compliance with laws and regulations in force, as well as reducing the risk of financial and operational losses, irregularities and violations of prudential aspects.
b. Evaluation on the Effectiveness of Internal Control Systems
To evaluate the effectiveness of the ICS, Company has established Internal Audit Department (IAD), which served as the Internal Audit Unit. Evaluation results from the IAD is one of the basic management evaluation of the effectiveness of ICS and to determine the repair and improvement of systems or policies that allow management to be more effectivein running Company’s operation activities in accordance with Good Corporate Governance.
Internal Control System is implemented systematically and effectively in many aspects of the Company to manage the risks and to support the Company’s Good Corporate Governance.
28 Annual Report / Laporan Tahunan 2016
Direksi bertanggung jawab untuk memastikan bahwa Perseroan sudah memiliki sistem pengendalian internal yang baik serta efektif, dan di review oleh Komite Audit. Internal Audit memegang peranan penting dalam memantau dan merekomendasikan perbaikan sistem pengendalian internal di Perseroan. Untuk mencapai target tersebut Sistem Pengendalian Internal harus dilakukan oleh semua tingkatan di dalam Perseroan.
c. Review atas efektivitas Sistem Manajemen Risiko perusahaan
Sistem Manajemen risiko adalah bagian yang penting di dalam tata kelola perusahaan yang baik, diperlukan suatu komitmen yang tinggi yang diwujudkan oleh Direksi melalui tata kelola manajemen risiko. Pada saat ini Perseroan sudah memiliki infrastruktur tata kelola manajemen risiko serta elemen-elemen pendukung lainnya yang mendukung system tersebut.
8. Risiko dan Cara Pengelolaannya
Komite Manajemen Risiko Perseroan telah mengelompokan 5 (lima) kategori risiko di dalam usaha Perseroan, sebagai berikut:
8.1. Risiko Keselamatan, Kesehatan dan Lingkungan
- Risiko keselamatan dan kesehatan - Kerusakan lingkungan - Melaksanakan kesehatan medis karyawan secara tahunan,
asuransi kesehatan dan jamsostek- Perseroan mengimplementasikan Keselamatan dan
keberlangsungan lingkungan, tidak hanya untuk karyawan tetapi juga untuk keluarga dan komunitas dimana perusahaan beroperasi. Dengan lingkungan yang nyaman produktivitas diharapkan meningkat. Setiap pabrik dari perseroan memiliki unit manajemen lingkungan (UPL) dengan arahan dari manajemen dan dampak dari pengendalian lingkungan manajemen dan dampak dari pengendalian lingkungan.
8.2. Risiko Kepatuhan
Hukum dan peraturan, sosial/ komitmen bisnis dan peraturan dan kebijakan internal.
8.3. Risiko aktiva tidak berwujud
Reputasi/risiko merk dagang dan kekayaan intelektual.
8.4. Risiko Bahaya
- Bencana alam dan bencana yang disebabkan oleh manusia- Mempromosikan lingkungan kerja harian dengan target nihil
kecelakaan yang diimplementasikan dan diorganisir oleh komite kesehatan dan keselamatan perseroan
- Pada saat terjadi keadaan darurat, perseroan membentuk Business Continuity Management (BCM), dimana unit kerja ini mengingatkan karyawan dan unit bisnis lainnya yang terkena dampak untuk memastikan keadaan dapat diatasi sesuai dengan rencana BCM. Contohnya membuat ruang pengendalian untuk memonitor kecelakaan listrik.
The Board of Directors is responsible to ensure the Company has good internal control system reviewed by the Audit Committee. Internal Audit plays an important role in monitoring and recommending on improvements of the Company’s internal control system. To achieve the target, Internal Control System should be done by all levels within the Company.
c. Review of the effectiveness of Company Risk Management System
Risk management system is an important part in the good corporate governance, we need strong commitment manifested by the Board of Directors through the governance of risk management. At this time Company already has the infrastructure governance risk management and other support elements that support the system.
8. Risk and How Their Management
Risk Management Committee of the Company has classified five (5) categories of risks in the Company’s business, as follows:
8.1. Safety, Health, Environment Risk
- Safety and health risks- Environmental damage- Conduct medical check up to employee yearly, health insurance
and social security- Safety and environmental sustainability of the Company is
implemented, not only for employees, but also for their families and the communities where the Company operates. With a nice and comfortable environment, productivity is expected to increase. Each Company’s site has environmental management unit (UKL) and the environmental unit (UPL) with respect to the management and control of environmental impacts.
8.2. Compliance Risk
Laws and regulations, social/business commitment and Internal rules and regulation.
8.3 Intangible assets risk
Reputation/Brand risk and Intellectual Property protection risk.
8.4. Hazard Risk
- Natural disaster and Man-made disaster- Promote daily working environment with a target of zero
accidents, implemented and organized by the Health and Safety Committee of the Company
- In the event of emergency, company establish Business Continuity Management (BCM), in which it alerts employees and business units who may be affected to ensure readiness in handling the situation according to the Business Continuity Plan. Past examples include setting up a war room to monitor an electricity incident.
29Annual Report / Laporan Tahunan 2016
8.5. Risiko Input
Bahan baku, Energi, Sumber Daya Manusia, mesin/perlengkapan.
8.6. Risiko Operasional
Operasinal pabrik, penjualan dan pemasaran, distribusi, Sumber Daya Manusia Support system (contoh: IT), Engineering/Konstruksi, serikat buruh.
8.7. Risiko Keuangan
Nilai tukar mata uang, tingkat suku bunga, likuiditas, kredit dan pasar keuangan.
8.8. Risiko Bisnis
Risiko lingkungan bisnis secara umum (contoh: sosial politik, makro ekonomi) dan risiko industri (contoh: konsumen, pesaing, teknologi).
9. Penilaian Risiko
Penilaian risiko adalah proses sistematik untuk mengidentifikasi dan mengevaluasi kejadian-kejadian (contoh: kemungkinan risiko dan kesempatan) yang dapat memeberikan dampak terhadap pencapaian tujuan, baik secara positif maupun negatif. Kejadian-kejadian tersebut dapat diidentifikasi dilingkungan eksternal (contoh: tren ekonomi, peraturan tata kota dan persaingan) dan didalam lingkungan internal organisasi (contoh: masyrakat, proses dan infrastruktur).
Ketika kejadian tersebut saling berkaitan dengan tujuan organisasi atau dapat di perkirakan maka kejadian tersebut dianggap menjadi risiko. Maka dari itu risiko didefinisikan sebagai kemungkinan suatu kejadian akan terjadi dan akan memberikan dampak terhadap pencapaian tujuan Perseroan membuat matrik risiko umum untuk mebuat standarisasi metodologi penilaian antar organisasi. Pemilik resiko menggunakan bermacam-macam cara (contoh: analisa skenario, analisis korelasi dan perbandingan) untuk menilai kemungkinan tingkat kerusakan dan risiko yang dikelola. Hasil penilaian kemudian dibandingkan dengan batas risiko, yang mana dirancang sesuai dengan risk appetite. Penilaian risiko adalah sebagai berikut: Nihil Kecelakaan kerja, nihil keterlambatan dalam penanganan kecelakaan dan nihil dalam pelanggaran hukum melebihi batas kemampuan risiko yang dapat ditanggung perusahaan.
10. System pelaporan pelanggaran di perusahaan
Whistle Blowing System adalah sistem pelaporan pelanggaran yang memungkinkan semua pihak baik eksternal dan internal untuk melaporkan adanya kecurangan, penyelewengan, pelanggaran hukum serta etika yang dilakukan oleh setiap karyawan PT Keramika
8.5. Input Risk
Raw Materials, Energy/Utilities, Labor, Machinery/ Equipment Trading goods.
8.6. Operations risk
Plant Operations, Sales & Marketing, Distribution, Human Capital Supporting system (e.g. IT), Engineering/Construction, Alliance.
8.7. Financial Risk
Exchange rate, Interest rate, Liquidity, Credit and Financial market.
8.8. Business risk
General business environment risks (e.g. socio-political, macroeconomics) and Industry risks (e.g. consumer, competitor, technology).
9. Risk Assessment
Risk assessment is a systematic process for identifying and evaluating events (i.e., possible risks and opportunities) that could affect the achievement of objectives, positively or negatively. Such events can be identified in external environment (e.g., economic trends, regulatory landscape, and competition) and within an organization’s internal environment (e.g., people, process, and infrastructure).
When these event intersect with an organization’s objectives or can be predicted to do so they become risks. Risk is therefore defined as the possibility that an event will occur and adversely affect the achievement of objectives. Company established common risk metrics to standardize assessment methodology across the organization.
Risk owners use various tools (e.g. scenario analysis, correlation analysis, and benchmarking) to assess the likelihood, severity,and manageability of risk. The assessment results are then compared with specified risk limits, which are devised in accordance with risk appetite. Risk Assessment, are as follows: Zero fatalities, Zero lost-time-injuries and Zero breaches of any laws/pacts resulting in Highly punitive fines exceeding corporate risk Limit.
10. Whistle Blowing System in the company
Whistle Blowing System is a violation reporting system that allows all parties, both external and internal to report fraud, misappropriation, violation of the law and ethics made by any employee of PT Keramika Indonesia Assosiasi Tbk at all levels of
30 Annual Report / Laporan Tahunan 2016
management. The Company is implementing whistleblowing system and expected to improve internal controls in the company.
11. Business Ethics and Code Ethics
The Company is one of the public companies that have the responsibility to implement Good Corporate Governance (GCG) in all activities. Implementation of Corporate Governance in the Company is expected to be an umbrella for all the system and structure that exist in the corporate governance principles to the operational level, as well as a guide in KIA relationship with stakeholders. Implementation of Corporate Governance in the Company is directed to establish systems and structures that are not only powerful, but creating human mentality that has good integrity to become agents of change who carry out and make the GCG as a Company culture.
To support this, it needs a mechanism for every employee to implement GCG with full commitment and consistency. One way of doing it is by implementing Company’s Code of Conductwhich exist since 2012. Code of Conduct covers the basic principles of business ethics as a guide for all employees, which consists of several aspects:
a. Business Ethics, manage relationships with the Company’s employees, customers, shareholders, government and regulators, the environment, the providers of goods/services, lenders/investors, competitors and communities
b. Work ethic, manage the demands of individual behavior, compliance with laws and regulations, confidentiality, conflicts of interest, giving and receiving gifts, anti-fraud, protect company assets, health and safety, maintaining company criteria, as well as the accuracy of the recording. In addition, the translation of the above aspects of the Code of Conduct is also part of the translation of the Company’s values, evolving and applied by all employees of KIA i.e Clean, Respectful and Synergy.
Clean : Clean morally, transparent and accountableRespectful : Trusted in the business community and
its environment through professionalism, independence, competitiveness and ability to meet the satisfaction of stakeholders
Synergy : Oriented to the power of an integrated alliance to create value
Code of ethics and corporate culture applies to all employees of the company and the Board of Commissioners and the Board of Directors.
In 2016, the Company arranged workshops to all employees, starting from the level of officer/staff up to Manager in addition to in-house training held by the Company’s internal auditor, SCG Building Materials Co., Ltd. and other third parties.
Indonesia Assosiasi Tbk di semua tingkatan manajemen. Perseroan saat ini sudah menerapan whistle blowing system dan diharapkan mampu meningkatkan pengendalian internal yang ada di dalam perusahaan.
11. Etika Bisnis dan Etika Kerja
Perseroan merupakan salah satu perseroan publik yang memiliki tanggung jawab untuk melaksanakan Good Corporate Governance (GCG) dalam setiap aktivitasnya. Implementasi GCG di Perseroan diharapkan menjadi payung bagi seluruh sistem dan struktur yang ada di dalam prinsip GCG sampai kepada level operasional, sekaligus menjadi panduan dalam hubungan Perseroan (KIA) dengan stakeholders. Implementasi GCG di Perseroan diarahkan untuk membentuk tidak saja sistem dan struktur yang kuat, namun menciptakan mentalitas SDM yang memiliki integritas baik sehingga menjadi agent of change yang melaksanakan dan menjadikan GCG sebagai budaya Perseroan.
Untuk mendukung hal tersebut, diperlukan adanya mekanisme yang menjadi pengikat bagi setiap insan Perseroan dalam menjalankan implementasi GCG dengan penuh komitmen dan konsistensi. Salah satu caranya adalah dengan menjalankan Code of Conduct (Pedoman Etika Bisnis dan Etika Kerja) Perseroan yang telah dimiliki sejak tahun 2012. Code of Conduct mencakup prinsip-prinsip dasar etika bisnis sebagai pedoman bagi seluruh karyawan Perseroan, yang terdiri dari beberapa aspek:a. Etika Bisnis, mengatur hubungan sesama karyawan Perseroan,
pelanggan, pemegang saham, pemerintah dan regulator, lingkungan, penyedia barang/jasa, kreditur/investor, pesaing dan masyarakat sekitar.
b. Etika kerja, mengatur tuntutan perilaku individu, kepatuhan terhadap hukum dan peraturan Perundang-undangan, kerahasiaan informasi, benturan kepentingan, pemberian dan penerimaan hadiah, anti penggelapan, melindungi aset Perseroan, keselamatan dan kesehatan kerja, menjaga citra Perseroan, serta ketepatan pencatatan. Selain itu, penjabaran aspek tersebut di atas dalam Code of Conduct juga merupakan bagian dari penjabaran nilai-nilai Perseroan, berkembang dan dilaksankan oleh seluruh karyawan, yakni Clean, Respectful dan Synergy.
Clean : Bersih secara moral, transparan dan akuntabelRespectful : Terpercaya di dalam komunitas bisnis dan
lingkungannya melalui profesionalisme, kemandirian, berdaya saing serta kemampuannya memenuhi kepuasan stakeholders
Synergy : Berorientasi pada kekuatan aliansi secara terpadu untuk menciptakan nilai
Kode etik dan budaya perusahaan ini berlaku bagi seluruh karyawan perusahaan dan Dewan Komisaris serta seluruh anggota Direksi.
Selama periode tahun 2016, Perseroan telah menyelenggarakan pelatihan untuk semua karyawan, dimulai dari level officer/staff sampai dengan level Manager, disamping pelatihan yang diselenggarakan oleh auditor internal Perseroan, SCG Building Materials Co., Ltd. maupun pihak ketiga lainnya.
31Annual Report / Laporan Tahunan 2016
32 Annual Report / Laporan Tahunan 2016
Tanggung jawab sosial Perusahaan atau Corporate Social Responsibility bertujuan untuk menciptakan hubungan yang serasi dan seimbang antara Perusahaan dengan masyarakat dan lingkungan sekitar Perusahaan pada khususnya, maupun dengan seluruh pemangku kepentingan. Beberapa program yang telah dilakukan adalah sebagai berikut:
Corporate Social Responsibility aims to create a harmonious relationship between the Company and community, as well as its surroundings and all stakeholders. Several programs that have been carried out are as follows:
Tanggung Jawab Sosial PerusahaanCorporate Social Responsibility
33Annual Report / Laporan Tahunan 2016
Profil Dewan KomisarisThe Board of Commissioners Profile
Pichit Maipoom – Komisaris Utama
Umur 60
Pendidikan 1981 B.E. (Mechanical Engineering)
Second Class Honors, King Mongkut’s Institute of Technology North Bangkok, Thailand
1986 M.E. (Industrial and Management), Asian Institute of Technology, Thailand
2005 Advanced Management Program (AMP), Harvard University, U.S.A.
Pengalaman2001-2005 Managing Director, Thai Ceramic Company
Limited, Thailand 2004-2005 Executive Vice President, Cementhai Building
Products Company Limited, Thailand 2005-2012 President, SCG Building Materials Company
Limited, Thailand2008-2012 Honorable Chairman, Ceramic Industry Club of
Thailand, The Federation of Thailand Industries, Thailand
2011-2016 Commissioner, PT Kokoh Inti Arebama Tbk, Indonesia
2013-2014 Director, Siam Global House Public Company Limited, Thailand
2013-2016 Vice President – Operations, SCG Cement – Building Materials Company Limited, Thailand
Sekarang - Director of the Board of Directors and Executive Committee, Thai-German Ceramic Industry Public Company Limited, Thailand
- Director of the Board of Directors and Executive Committee, Quality Construction Products Public Company Limited, Thailand
Ditunjuk pertama kalinya sebagai Presiden Komisaris di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 3 Juni 2011 dan menyatakan pensiun efektif per tanggal 1 Januari 2017. Mr.Aree Chavalitcheewingul dipromosikan untuk mengisi jabatan ini per 1 Januari 2017.
Pichit Maipoom – President Commissioner
Age 60
Education 1981 B.E. (Mechanical Engineering) Second Class Honors,
King Mongkut’s Institute of Technology North Bangkok, Thailand
1986 M.E. (Industrial and Management), Asian Institute of Technology, Thailand
2005 Advanced Management Program (AMP), Harvard University, U.S.A.
Experience 2001-2005 Managing Director, Thai Ceramic Company
Limited, Thailand 2004-2005 Executive Vice President, Cementhai Building
Products Company Limited, Thailand 2005-2012 President, SCG Building Materials Company
Limited, Thailand2008-2012 Honorable Chairman, Ceramic Industry Club of
Thailand, The Federation of Thailand Industries, Thailand
2011-2016 Commissioner, PT Kokoh Inti Arebama Tbk, Indonesia
2013-2014 Director, Siam Global House Public Company Limited, Thailand
2013-2016 Vice President – Operations, SCG Cement – Building Materials Company Limited, Thailand
Present - Director of the Board of Directors and Executive Committee, Thai-German Ceramic Industry Public Company Limited, Thailand
- Director of the Board of Directors and Executive Committee, Quality Construction Products Public Company Limited, Thailand
First appointed as President Commissioner of the Company based on resolution of Annual General Meeting of Shareholders of the Company held on 3 June 2011 and pension effective on 1 January 2017. Mr.Aree Chavalitcheewingul is promoted to fill this position as of 1 January 2017.
Kajohndet Sangsuban – Komisaris
Umur 63
Pendidikan1975 B.E. (Civil), Chulalongkorn
University, Thailand 2002 Advanced Management Program
(AMP), Harvard University, U.S.A.
Kajohndet Sangsuban – Commissioner
Age 63
Education 1975 B.E. (Civil), Chulalongkorn University, Thailand
2002 Advanced Management Program (AMP), Harvard University, U.S.A.
34 Annual Report / Laporan Tahunan 2016
Pengalaman 2001-2005 President Cementhai Building Products Company
Limited, Thailand 2003-2006 Director Milleninum Steel, Public Company Limited,
Thailand 2011 - 2016 President Commissioner, PT Kokoh Inti Arebama
Tbk, IndonesiaPresent - Chairman of the Board of Directors and
Executive Committee, Thai-German Ceramic Industry Public Company Limited, Thailand
- Chairman of the Board of Directors and Executive Committee, Quality Construction Products Public Company Limited, Thailand
- Director, Siam Global House Public Company Limited, Thailand
Ditunjuk pertama kalinya sebagai Komisaris di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 3 Juni 2011 dan menyatakan pensiun efektif per tanggal 1 Januari 2017.
Experience 2001-2005 President Cementhai Building Products Company
Limited, Thailand 2003-2006 Director Milleninum Steel, Public Company Limited,
Thailand 2011 - 2016 President Commissioner, PT Kokoh Inti Arebama Tbk,
IndonesiaPresent - Chairman of the Board of Directors and
Executive Committee, Thai-German Ceramic Industry Public Company Limited, Thailand
- Chairman of the Board of Directors and Executive Committee, Quality Construction Products Public Company Limited, Thailand
- Director, Siam Global House Public Company Limited, Thailand
First appointed as Commissioner of the Company based on resolution of Annual General Meeting of Shareholders of the Company held on 3 June 2011 and pension effective on 1 January 2017.
Aree Chavalitcheewingul - Komisaris
Umur 53
Pendidikan1985 B.E. (Electrical) Honour, Chiang
Mai University, Thailand 1992 M.E. (Industrial Engineering and
Management), Asian Institute of Technology, Thailand
2011 Advanced Management Program (AMP), Harvard Business School, U.S.A.
Pengalaman 2011-2012 Director, Thai Plastic and Chemicals Public Company
Limited, Thailand 2011-2012 Vice President - Corporate Administration, The Siam
Cement Public Company Limited, Thailand 2012 Executive Vice President, SCG Building Materials
Company Limited, Thailand2013 Director of Siam Global House Company Limited,
Thailand2011–2016 Commissioner, PT Kokoh Inti Arebama Tbk, IndonesiaSekarang - Directors of Board of Directors, Member
of Executive Committee and Member of Nomination, Remuneration and Corporate Governance Committee, Thai-German Ceramic Industry Public Company Limited, Thailand
- Director of the Board of Directors and Executive Committee and Member of Nomination, Remuneration and Corporate Governance Committee, Quality Construction Products Public Company Limited, Thailand
- President, SCG Cement – Building Materials Company Limited, Thailand
Aree Chavalitcheewingul - CommissionerAge 53
Age 53
Education1985 B.E. (Electrical) Honour, Chiang Mai University,
Thailand 1992 M.E. (Industrial Engineering and Management),
Asian Institute of Technology, Thailand
2011 Advanced Management Program (AMP), Harvard Business School, U.S.A.
Experience 2011-2012 Director, Thai Plastic and Chemicals Public Company
Limited, Thailand 2011-2012 Vice President - Corporate Administration, The Siam
Cement Public Company Limited, Thailand 2012 Executive Vice President, SCG Building Materials
Company Limited, Thailand2013 Director of Siam Global House Company Limited,
Thailand2011 – 2016 Commissioner, PT Kokoh Inti Arebama Tbk, IndonesiaPresent - Directors of Board of Directors, Member
of Executive Committee and Member of Nomination, Remuneration and Corporate Governance Committee, Thai-German Ceramic Industry Public Company Limited, Thailand
- Director of the Board of Directors and Executive Committee and Member of Nomination, Remuneration and Corporate Governance Committee, Quality Construction Products Public Company Limited, Thailand
- President, SCG Cement – Building Materials Company Limited, Thailand
35Annual Report / Laporan Tahunan 2016
Ditunjuk pertama kalinya sebagai Komisaris di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan yang diselenggarakan pada tanggal 3 Juni 2011, dan efektif menjabat sebagai Presiden Komisaris per tanggal 1 Januari 2017 berdasarkan hasil Rapat Umum Pemegang Saham Luar Biasa yang diselenggarakan pada tanggal 22 November 2016 untuk menggantikan Bapak Pichit Maipoom.
First appointed as Commissioner of the Company based on resolution of Annual General Meeting of Shareholders held on 3 June 2011, and promoted as President Commissioner replacing Mr. Pichit Maipoom effective on 1 January 2017 based on resolution of Extraordinary General Meeting of Shareholders held on 22 November 2016.
Surasak Kraiwitchaicharoen – Komisaris
Umur 59
Pendidikan1979 B.SC. (Ceramics Science),
Chulalongkorn University, Thailand
1988 M.BA. (Finance and International Business), Sasin Graduate Business School, Thailand
2010 Advanced Management Program (AMP), Harvard Business School, U.S.A.
Pengalaman2000-2002 Regional Sales Director, SCG Network Management
Company Limited, Thailand2002-2006 Managing Director, Cementhai Retails Company
Limited, Thailand2006-2012 President, Mariwasa Siam Ceramic Incorporation,
The PhilippinesSekarang - Managing Director, Thai-German Ceramic
Industry Public Company Limited, Thailand - Director, Mariwasa Siam Ceramic Incorporation,
The Philippines - Commissioner, PT KIA Serpih Mas, Indonesia - Commissioner, PT KIA Keramik Mas, Indonesia - Director of Sosuco and Group 2008 Company
Limited, Thailand
Ditunjuk pertama kalinya sebagai Komisaris di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 3 Juni 2011.
Surasak Kraiwitchaicharoen – Commissioner
Age 59
Education1979 B.SC. (Ceramics Science), Chulalongkorn University,
Thailand
1988 M.BA. (Finance and International Business), Sasin Graduate Business School, Thailand
2010 Advanced Management Program (AMP), Harvard Business School, U.S.A.
Experience2000-2002 Regional Sales Director, SCG Network Management
Company Limited, Thailand2002-2006 Managing Director, Cementhai Retails Company
Limited, Thailand2006-2012 President, Mariwasa Siam Ceramic Incorporation,
The PhilippinesPresent - Managing Director, Thai-German Ceramic
Industry Public Company Limited, Thailand - Director, Mariwasa Siam Ceramic Incorporation,
The Philippines - Commissioner, PT KIA Serpih Mas, Indonesia - Commissioner, PT KIA Keramik Mas, Indonesia - Director of Sosuco and Group 2008 Company
Limited, Thailand
First appointed as Commissioner of the Company based on resolution of Annual General Meeting of Shareholders of the Company held on 3 June 2011.
Padung Likitsajjakul – Komisaris Independen
Umur 65
Pendidikan1974 B.A. (Politics and Government),
Thammasat University, Thailand 1976 M.P.A. (Public Administration),
National Institute of Development Administration, Thailand
Pengalaman1999-2000 Human Resource Manager, Electric and Steel
Business, Thailand 2000-2001 Human Resource Manager, Cement Thai Building
products Company Limited, Thailand
Padung Likitsajjakul – Independent Commissioner
Age 65
Education1974 B.A. (Politics and Government), Thammasat
University, Thailand 1976 M.P.A. (Public Administration), National Institute of
Development Administration, Thailand
Experience 1999-2000 Human Resource Manager, Electric and Steel
Business, Thailand 2000-2001 Human Resource Manager, Cement Thai Building
products Company Limited, Thailand
36 Annual Report / Laporan Tahunan 2016
2001-2009 Human Resources Manager, SCG Building Materials Company Limited, Thailand
Present - Chief Culture Officer, DT. Group of Companies, Thailand
- Directors of Board of Directors and Member of Nomination, Remuneration and Corporate Governance Committee, Thai-German Ceramic Industry Public Company Limited, Thailand
Ditunjuk pertama kalinya sebagai Komisaris Independen di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 3 Juni 2011
2001-2009 Human Resources Manager, SCG Building Materials Company Limited, Thailand
Present - Chief Culture Officer, DT. Group of Companies, Thailand
- Directors of Board of Directors and Member of Nomination, Remuneration and Corporate Governance Committee, Thai-German Ceramic Industry Public Company Limited, Thailand
First appointed as Independent Commissioner of the Company based on resolution of Annual General Meeting of Shareholders of the Company held on 3 June 2011.
Thanarak Silavanich –Komisaris Independen
Umur 66
Pendidikan1972 B.SC. (Agriculture), Kasetsart
University, Thailand1977 M.E. (Mechanical), Lamar
University, U.S.A. Pengalaman1995-2001 President Director, Siam Mariwasa TOTO
Incorporation, The Philippines2001-2004 Marketing Division Manager Siam Cement
Industry Company Limited, Thailand2004-2007 Marketing Advisor, Siam Cement Industry
Company Limited, Thailand2008 - 2011 Managing Director & CEO, Royal Porcelain Public
Company Limited, Thailand
Ditunjuk pertama kalinya sebagai Komisaris Independen di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 3 Juni 2011.
Thanarak Silavanich – Independent Commissioner
Age 66
Education1972 B.SC. (Agriculture), Kasetsart University, Thailand
1977 M.E. (Mechanical), Lamar University, U.S.A.
Experience1995-2001 President Director, Siam Mariwasa TOTO
Incorporation, The Philippines2001-2004 Marketing Division Manager Siam Cement
Industry Company Limited, Thailand2004-2007 Marketing Advisor, Siam Cement Industry
Company Limited, Thailand2008 - 2011 Managing Director & CEO, Royal Porcelain Public
Company Limited, Thailand
First appointed as Independent Commissioner of the Company based on resolution of Annual General Meeting of Shareholders of the Company held on 3 June 2011.
Nantapong Chantrakul – Komisaris
Umur 56
Pendidikan1981 B.E. (Mechanical Engineering),
Chulalongkorn University, Thailand
Pengalaman 1981-1989 Engineer, The Siam Cement Public Company Limited,
Thailand 1989-1999 Engineering Plant Manager, The Siam Cement Public
Company Limited, Thailand 1999-2001 Production Manager, The Siam Cement (Lampang)
Company Limited, Thailand2001-2003 Managing Director, The Siam Cement (Lampang)
Company Limited, Thailand2003-2005 Managing Director, The CPAC Roof Tile Company
Limited, Thailand
Nantapong Chantrakul – Commissioner
Age 56
Education 1981 B.E. (Mechanical Engineering), Chulalongkorn
University, Thailand
Experience 1981-1989 Engineer, The Siam Cement Public Company Limited,
Thailand 1989-1999 Engineering Plant Manager, The Siam Cement Public
Company Limited, Thailand 1999-2001 Production Manager, The Siam Cement (Lampang)
Company Limited, Thailand2001-2003 Managing Director, The Siam Cement (Lampang)
Company Limited, Thailand2003-2005 Managing Director, The CPAC Roof Tile Company
Limited, Thailand
37Annual Report / Laporan Tahunan 2016
2005-2012 Managing Director, The Siam Cement (Thung Song) Co.,Ltd
Sekarang Country Director – Indonesia, SCG Cement-Building Materials Company Limited
Ditunjuk pertama kalinya sebagai Komisaris di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Luar Biasa yang diselenggarakan pada tanggal 22 November 2016 dan efektif menjabat sebagai Komisaris Perseroan per tanggal 1 Januari 2017.
2005-2012 Managing Director, The Siam Cement (Thung Song) Co.,Ltd
Present Country Director – Indonesia, SCG Cement-Building Materials Company Limited
First appointed as Commissioner of the Company based on resolution of Extraordinary General Meeting of Shareholders held on 22 November 2016 and officially effective as Commissioner on 1 January 2017.
Kittiphong Photaranon – Komisaris
Umur 44
Pendidikan1993 B.E. (Electrical), Chiang Mai
University, Thailand 2000 Master Degree in Engineering (Industrial Engineering),
Chulalongkorn University, Thailand
Pengalaman1993-2000 Engineer, The Siam Refractory Industry Company
Limited, Thailand2000-2004 Technology Management Manager, Thai Ceramic
Company Limited, Thailand 2004-2007 Plant Manager, Thai Ceramic Company Limited, Thailand2007-2013 Business Development & Supply Chain Director, SCG
Building Materials Co.,Ltd.2013-2016 Management Executive, SCG Building Materials
Company LimitedSekarang Managing Director, Thai Ceramic Company Limited
Ditunjuk pertama kalinya sebagai Komisaris di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Luar Biasa yang diselenggarakan pada tanggal 22 November 2016 dan efektif menjabat sebagai Komisaris Perseroan per tanggal 1 Januari 2017.
Kittiphong Photaranon – Commissioner
Age 44
Education 1993 B.E. (Electrical), Chiang Mai University, Thailand
2000 Master Degree in Engineering (Industrial Engineering), Chulalongkorn University, Thailand
Experience 1993-2000 Engineer, The Siam Refractory Industry Company
Limited, Thailand2000-2004 Technology Management Manager, Thai Ceramic
Company Limited, Thailand 2004-2007 Plant Manager, Thai Ceramic Company Limited, Thailand2007-2013 Business Development & Supply Chain Director, SCG
Building Materials Co.,Ltd.2013-2016 Management Executive, SCG Building Materials
Company LimitedPresent Managing Director, Thai Ceramic Company Limited
First appointed as Commissioner of the Company based on resolution of Extraordinary General Meeting of Shareholders held on 22 November 2016 and officially effective as Commissioner on 1 January 2017.
38 Annual Report / Laporan Tahunan 2016
Profil Dewan DireksiThe Board of Directors Profile
Pramoth Phromaue – Direktur Utama
Umur 57
Pendidikan 1981 B.E. (Engineering), King
Mongkut’s University of Technology Thonburi, Thailand
Pengalaman 1997-2001 Production Director, PT Surya Siam Keramik,
Indonesia 2001-2003 Manager Floor Tile Plant, Thai Ceramics Co., Ltd.,
Thailand 2003-2007 Vice President Director, Mariwasa SiamCeramic Inc.,
Thailand 2007-2009 Production Manager, Thai-German Ceramic Industry
Public Co., Ltd.2009-2013 Managing Director, Sosuco Ceramic Co., Ltd.Sekarang - President Director, PT Keramika Indonesia
Assosiasi Tbk, Indonesia - President Director, PT KIA Serpih Mas, Indonesia - President Director, PT KIA Keramik Mas,
Indonesia Ditunjuk pertama kali menjadi Direktur Utama di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 20 Juni 2013 dan mengundurkan diri efektif per tanggal 1 Januari 2017 dan digantikan oleh Bapak Numpol Malichai.
Pramoth Phromaue – President DIrector
Age 57
Education 1981 B.E. (Engineering), King Mongkut’s University of
Technology Thonburi, Thailand
Experience 1997-2001 Production Director, PT Surya Siam Keramik, Indonesia
2001-2003 Manager Floor Tile Plant, Thai Ceramics Co., Ltd., Thailand
2003-2007 Vice President Director, Mariwasa SiamCeramic Inc., Thailand
2007-2009 Production Manager, Thai-German Ceramic Industry Public Co., Ltd.
2009-2013 Managing Director, Sosuco Ceramic Co., Ltd.Present - President Director, PT Keramika Indonesia
Assosiasi Tbk, Indonesia - President Director, PT KIA Serpih Mas, Indonesia - President Director, PT KIA Keramik Mas,
Indonesia First appointed as President Director of the Company based on the result of Annual General Meeting of Shareholders of the Company held on 20 June 2013 and resign from Directorship effective on 1 January 2017 and replaced by Mr. Numpol Malichai.
Chalermchai Chirasakyakul – Director
Age 68
Education 1971 B.SC., (Material Science), Chulalongkorn University,
Thailand
Experience 1988-1993 Plant Director, Dynasty Ceramic Industry Public
Company Limited, Thailand Present - Deputy Managing Director, The Siam Ceramic-
Group Industries Company Limited, Thailand - Plant Director, Thai-German Ceramic Industry
Public Company Limited, Thailand - Director, PT Keramika Indonesia Assosiasi Tbk,
Indonesia First appointed as Director of the Company based on the results of the Annual General Meeting of Shareholders of the Company held on 3 June 2011.
Chalermchai Chirasakyakul – Direktur
Umur 68
Education 1971 B.SC., (Material Science), Chulalongkorn University, Thailand
Pengalaman 1988-1993 Plant Director, Dynasty Ceramic Industry Public
Company Limited, Thailand Sekarang - Deputy Managing Director, The Siam Ceramic-
Group Industries Company Limited, Thailand - Plant Director, Thai-German Ceramic Industry
Public Company Limited, Thailand - Director, PT Keramika Indonesia Assosiasi Tbk,
Indonesia Ditunjuk pertama kali menjadi Direktur di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 3 Juni 2011.
39Annual Report / Laporan Tahunan 2016
Jamrak Thientawat – Director
Umur 48
Pendidikan1989 Bachelor degree in
Accounting Chulalongkorn University, Thailand
Pengalaman 1989 – 1992 Accountant of Thai CRT Co. Ltd, Thailand1993 – 1995 Internal Auditor of Siam Cement PCL, Thailand1996 – 2002 Senior Accountant of Siam Cement PCL, Thailand2003 – 2007 Accounting Manager of SCG Accounting Services
Co. Ltd, Thailand2007 – 2012 Senior Manager – Accounting and Information
Management of Siam Cement PCL, Thailand 2012 – 2015 Senior Manager – SAP ECC 6.0 Project of Siam
Cement PCL, Thailand2016 - Finance Director PT Keramika Indonesia
Assosiasi Tbk, Indonesia - Director of PT. KIA Serpih Mas, Indonesia - Director of PT. KIA Keramik Mas, Indonesia
Ditunjuk pertama kali menjadi Direktur di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Luar Biasa Perseroan yang diselenggarakan pada tanggal 14 Januari 2016 dan mengundurkan diri efektif per tanggal 22 November 2016 dan digantikan oleh Ibu Susalak Khiew-Orn.
Jamrak Thientawat – Director
Age 48
Education 1989 Bachelor degree in Accounting Chulalongkorn
University, Thailand
Experience 1989 – 1992 Accountant of Thai CRT Co. Ltd, Thailand1993 – 1995 Internal Auditor of Siam Cement PCL, Thailand1996 – 2002 Senior Accountant of Siam Cement PCL, Thailand2003 – 2007 Accounting Manager of SCG Accounting Services
Co. Ltd, Thailand2007 – 2012 Senior Manager – Accounting and Information
Management of Siam Cement PCL, Thailand 2012 – 2015 Senior Manager – SAP ECC 6.0 Project of Siam
Cement PCL, Thailand2016 - Finance Director PT Keramika Indonesia
Assosiasi Tbk, Indonesia - Director of PT. KIA Serpih Mas, Indonesia - Director of PT. KIA Keramik Mas, Indonesia
First appointed as Director of the Company based on the results of the Extraordinary General Meeting of Shareholders of the Company held on 14 January 2016 and resigned from Directorship effective on 22 November 2016 and replaced by Mrs. Susalak Khiew-Orn.
Kaewsawan Amatachiwin – Direktur
Umur 50
Pendidikan 1987 B.B.A. Accounting), Thammasat
University, Thailand 1996 M.BA.(Business Administration),
Thammasat University, Thailand Pengalaman1995-1997 Finance & Report Manager, The Siam Iron & Steel
Company Limited, Thailand 1997-2008 Finance Director, PT Surya Siam Keramik, Indonesia 2008-2011 Accounting & Finance Division Manager, Thai-German
Ceramic Industry Public Company Limited, Thailand 2011-2015 - Director, PT Keramika Indonesia Asosiasi Tbk,
Indonesia - Director, PT KIA Serpih Mas, Indonesia - Director, PT KIA Keramik Mas, IndonesiaSekarang - Director, PT Keramika Indonesia Asosiasi Tbk,
Indonesia - Director, PT. KIA Serpih Mas, Indonesia - Director, PT. KIA Keramik Mas, Indonesia
Ditunjuk pertama kali menjadi Direktur di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 3 Juni 2011.
Kaewsawan Amatachiwin – Director
Age 50
Education 1987 B.B.A. (Accounting), Thammasat University, Thailand
1996 M.BA. (Business Administration), Thammasat University, Thailand
Experience 1995-1997 Finance & Report Manager, The Siam Iron & Steel
Company Limited, Thailand 1997-2008 Finance Director, PT Surya Siam Keramik, Indonesia 2008-2011 Accounting & Finance Division Manager, Thai-German
Ceramic Industry Public Company Limited, Thailand 2011-2015 - Director, PT Keramika Indonesia Asosiasi Tbk,
Indonesia - Director, PT KIA Serpih Mas, Indonesia - Director, PT KIA Keramik Mas, IndonesiaPresent - Director, PT Keramika Indonesia Asosiasi Tbk,
Indonesia - Director, PT. KIA Serpih Mas, Indonesia - Director, PT. KIA Keramik Mas, Indonesia
First appointed as Director of the Company based on the result of the Annual General Meeting of Shareholders of the Company held on 3 June 2011.
40 Annual Report / Laporan Tahunan 2016
Sarawut Worawat – Direktur
Umur 41
Pendidikan 1997 Bachelor degree in International
Economy, Thammasat University, Thailand
2005 Master of Business Administration, Thammasat University, Thailand
Pengalaman 1997 – 2008 Marketing Officer, Thai Ceramic Co., Ltd., Thailand2008 – 2013 Regional Sales Manager, Thai Ceramic Co., Ltd.,
Thailand2013 – 2015 Marketing Director, PT. Surya Siam Keramik,
Indonesia Present - Marketing Director, PT Keramika Indonesia
Assosiasi Tbk, Indonesia - Marketing Director, PT Surya Siam Keramik, -
Indonesia Ditunjuk pertama kali menjadi Direktur di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 26 Juni 2015.
Sarawut Worawat – Director
Age 41
Education 1997 Bachelor degree in International Economy,
Thammasat University, Thailand
2005 Master of Business Administration, Thammasat University, Thailand
Experience 1997 – 2008 Marketing Officer, Thai Ceramic Co., Ltd., Thailand2008 – 2013 Regional Sales Manager, Thai Ceramic Co., Ltd.,
Thailand2013 – 2015 Marketing Director, PT. Surya Siam Keramik,
Indonesia Present - Marketing Director, PT Keramika Indonesia
Assosiasi Tbk, Indonesia - Marketing Director, PT Surya Siam Keramik, -
Indonesia First appointed as Director of the Company based on the resolution of Annual General Meeting of Shareholders of the Company held on 26 June 2015.
Chaovalit Nieamtad – Direktur
Umur 44
Pendidikan 1995 Bachelor degree in Electrical
engineering Mahanakorn University of Technology, Thailand
Pengalaman1996 – 2010 Production Manager The Siam Ceramic Group
Industries Co., Ltd.,Thailand2010 – 2011 Production Department Manager Thai – German
Ceramic Industry Public Co., Ltd., Thailand2011 – 2015 Plant Operation Advisor PT Keramika Indonesia
Assosiasi Tbk, IndonesiaSekarang Operational Director PT Keramika Indonesia Assosiasi
Tbk, Indonesia
Ditunjuk pertama kali menjadi Direktur di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Tahunan Perseroan yang diselenggarakan pada tanggal 26 Juni 2015.
Chaovalit Nieamtad – Director
Umur 44
Education 1995 Bachelor degree in Electrical engineering
Mahanakorn University of Technology, Thailand
Experience 1996 – 2010 Production Manager The Siam Ceramic Group
Industries Co., Ltd.,Thailand2010 – 2011 Production Department Manager Thai – German
Ceramic Industry Public Co., Ltd., Thailand2011 – 2015 Plant Operation Advisor PT Keramika Indonesia
Assosiasi Tbk, IndonesiaPresent Operational Director PT Keramika Indonesia Assosiasi
Tbk, Indonesia
First appointed as Director of the Company based on the resolution of Annual General Meeting of Shareholders of the Company held on 26 June 2015.
41Annual Report / Laporan Tahunan 2016
Handono Warih – Independen Direktur
Umur 55
Pendidikan1984 Industrial Academy, Yogyakarta,
Indonesia1986 National Insitute of Technology,
Malang, Indonesia
Pengalaman1997-2003 Plant Manager PT Keramika Indonesia Assosiasi Tbk,
Indonesia2003-2007 Manufacturing Manager PT Keramika Indonesia
Assosiasi Tbk, Indonesia2007-2008 Assistant Director of Operations PT Keramika
Indonesia Assosiasi Tbk, IndonesiaSekarang Independent Director of PT Keramika Indonesia
Assosiasi Tbk, Indonesia
Ditunjuk pertama kali menjadi Direktur di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Luar Biasa Perseroan yang diselenggarakan pada tanggal 12 Mei 2008 dan ditunjuk kembali berdasarkan Rapat Umum Pemegang Saham Tahunan Perseroan tanggal 3 Juni 2011, kemudian ditunjuk selaku Direktur Independen pada tanggal 12 Juni 2014.
Handono Warih – Independent Director
Age 55
Education1984 Industrial Academy, Yogyakarta, Indonesia
1986 National Insitute of Technology, Malang, Indonesia
Experience1997-2003 Plant Manager PT Keramika Indonesia Assosiasi Tbk,
Indonesia2003-2007 Manufacturing Manager PT Keramika Indonesia
Assosiasi Tbk, Indonesia2007-2008 Assistant Director of Operations PT Keramika
Indonesia Assosiasi Tbk, IndonesiaPresent Independent Director of PT Keramika Indonesia
Assosiasi Tbk, Indonesia
First appointed as Director of the Company based on the resolution of the Extraordinary General Meeting of Shareholders of the Company held on 12 May 2008, and reappointed by the Annual General Meeting of Shareholders of the Company held on 3 June 2011, then appointed as Independent Director on 12 June 2014.
Susalak Khiew-Orn – Direktur
Umur 46
Pendidikan 1992 B.B.A. (Accounting), Prince of
Songkla University, Thailand
Pengalaman 1992-1997 Accountant, Nawaloha Thai Co.,Ltd., Thailand1997-1999 Assistant Manager – General Accounting, The Siam
Cement Public Company Limited, Thailand1999-2000 Key User SAP Implementation Project, The Siam
Cement Public Company Limited2001-2002 Manager - SAP System, The Siam Cement Industry
Co.,Ltd., Thailand2002-2003 Manager Sales Accounting, The Siam Cement
Industry Co.,Ltd., Thailand2004-2005 Manager-Managerial Report-Cement Business,
Cementhai Accounting Services Co.,Ltd., Thailand2006-2007 Manager - Business Solution Consulting, The Siam
Cement Public Company Limited, Thailand2008-2015 Manager SAP-ERP, The Siam Cement Public Company
Limited, Thailand2016 Senior Manager - Corporate Accounting, The Siam
Cement Public Company Limited, ThailandSekarang - Finance Director, PT Keramika Indonesia
Assosiasi Tbk, Indonesia - Director of PT. KIA Serpih Mas, Indonesia - Director of PT. KIA Keramik Mas, Indonesia
Susalak Khiew-Orn – Director
Age 46
Education 1992 B.B.A. (Accounting), Prince of Songkla University,
Thailand
Experience 1992-1997 Accountant, Nawaloha Thai Co.,Ltd., Thailand1997-1999 Assistant Manager – General Accounting, The Siam
Cement Public Company Limited, Thailand1999-2000 Key User SAP Implementation Project, The Siam
Cement Public Company Limited2001-2002 Manager - SAP System, The Siam Cement Industry
Co.,Ltd., Thailand2002-2003 Manager Sales Accounting, The Siam Cement
Industry Co.,Ltd., Thailand2004-2005 Manager-Managerial Report-Cement Business,
Cementhai Accounting Services Co.,Ltd., Thailand2006-2007 Manager - Business Solution Consulting, The Siam
Cement Public Company Limited, Thailand2008-2015 Manager SAP-ERP, The Siam Cement Public Company
Limited, Thailand2016 Senior Manager - Corporate Accounting, The Siam
Cement Public Company Limited, ThailandPresent - Finance Director, PT Keramika Indonesia
Assosiasi Tbk, Indonesia - Director of PT. KIA Serpih Mas, Indonesia - Director of PT. KIA Keramik Mas, Indonesia
42 Annual Report / Laporan Tahunan 2016
Ditunjuk pertama kali menjadi Direktur di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Luar Biasa Perseroan yang diselenggarakan pada tanggal 22 November 2016, menggantikan Ibu Jamrak Thientawat.
First appointed as Director of the Company based on the resolution of the Extraordinary General Meeting of Shareholders of the Company held on 22 November 2016; replacing Mrs. Jamrak Thientawat.
Numpol Malichai – Direktur Utama
Umur 45
Pendidikan 1993 B.B.A. (Finance), Bangkok
University, Thailand 1999 M.B.A. (Business
Administration), Kon Kaen University, Thailand
Pengalaman 1994-1995 Analyst, The Siam Cement Public Company
Limited 1996-1998 Sales, The Siam Cement Public Company Limited1999-2002 Manager Electricity and Equipment, / SCG
Cement-Building Materials Co., Ltd.2002-2005 Manager Electricity, Water and Decoration,
Cementhai Retails2006-2009 Vice President Sales and Marketing, Mariwasa
Siam Ceramics Inc.2012-2016 Managing Director, SCG Landscape Co.,Ltd2012-2016 - Vice CEO business development, Siam Global
House Public Company Limited - Board of Director Souvanny Home Center PCLSekarang - President Director, PT Keramika Indonesia
Assosiasi Tbk, Indonesia - President Director, PT KIA Serpih Mas, Indonesia - President Director, PT KIA Keramik Mas, Indonesia
Ditunjuk pertama kali menjadi Direktur Utama di Perseroan berdasarkan hasil Rapat Umum Pemegang Saham Luar Biasa Perseroan yang diselenggarakan pada tanggal 22 November 2016 dan efektif per 1 Januari 2017 menjabat sebagai Direktur Utama menggantikan Bapak Pramoth Phromaue.
Numpol Malichai – President Director
Age 45
Education 1993 B.B.A. (Finance), Bangkok University, Thailand
1999 M.B.A. (Business Administration), Kon Kaen University, Thailand
Experience 1994-1995 Analyst, The Siam Cement Public Company
Limited 1996-1998 Sales, The Siam Cement Public Company Limited1999-2002 Manager Electricity and Equipment, / SCG
Cement-Building Materials Co., Ltd.2002-2005 Manager Electricity, Water and Decoration,
Cementhai Retails2006-2009 Vice President Sales and Marketing, Mariwasa
Siam Ceramics Inc.2012-2016 Managing Director, SCG Landscape Co.,Ltd2012-2016 - Vice CEO business development, Siam Global
House Public Company Limited - Board of Director Souvanny Home Center PCLPresent - President Director, PT Keramika Indonesia
Assosiasi Tbk, Indonesia - President Director, PT KIA Serpih Mas, Indonesia - President Director, PT KIA Keramik Mas,
Indonesia First appointed as President Director of the Company based on the resolution of Extraordinary General Meeting of Shareholders of the Company held on 22 November 2016 and effective on 1 January 2017 as President Director replacing Mr. Pramoth Phromaue.
43Annual Report / Laporan Tahunan 2016
44 Annual Report / Laporan Tahunan 2016
SURAT PERNYATAAN ANGGOTA DIREKSI DAN ANGGOTA DEWAN KOMISARIS TENTANG TANGGUNG JAWAB ATAS LAPORAN TAHUNAN 2016 PT KERAMIKA INDONESIA ASSOSIASI Tbk
Kami yang bertanda tangan di bawah ini menyatakan bahwa semua informasi dalam Laporan Tahunan PT Keramika Indonesia Assosiasi Tbk tahun 2016 telah dimuat secara lengkap dan bertanggung jawab penuh atas kebenaran Laporan Tahunan perusahaan.
Demikian pernyataan ini dibuat dengan sebenarnya.
Jakarta, 18 April 2017
Dewan KomisarisBoard of Commissioners
DireksiBoard of Directors
Aree ChavalitcheewingulKomisaris Utama
President Commissioner
Numpol MalichaiDirektur Utama
President Director
Susalak Khiew-Orn DirekturDirector
Kaewsawan AmatachiwinDirekturDirector
Sarawut WorawatDirekturDirector
Chalermchai ChirasakyakulDirekturDirector
Handono WarihDirektur IndependenIndependent Director
Chaovalit NieamtadDirekturDirector
Kittiphong PhotaranonKomisaris
Commissioner
Surasak KraiwitchaicharoenKomisaris
Commissioner
Padung LikitsajjakulKomisaris Independen
Independent Commissioner
Nantapong ChantrakulKomisaris
Commissioner
Thanarak SilavanichKomisaris Independen
Independent Commissioner
Tanggung Jawab Manajemen Atas Laporan TahunanManagement Responsibility for Annual Report
STATEMENT OF RESPONSIBILITY OF THE BOARD OF DIRECTORS AND THE BOARD OF COMMISSIONERS FOR ANNUAL REPORT 2016 OF PT KERAMIKA INDONESIA ASSOSIASI Tbk
We the undersigned declare that all information in theAnnual Report 2016 PT Keramika Indonesia Assosiasi Tbk has been disclosed completely and correctly.
The statement is truthfully certified.
Jakarta, 18 April 2017
45Annual Report / Laporan Tahunan 2016
PT Keramika Indonesia Assosiasi Tbk dan Entitas Anakand its Subsidiaries
Laporan Keuangan Konsolidasian/Consolidated Financial Statements
Pada Tanggal 31 Desember 2016 dan 2015 dan1 Januari 2015/31 Desember 2014serta untuk Tahun-tahun yang Berakhir 31 Desember 2016 dan 2015/As of December 31, 2016 and 2015 andJanuary 1, 2015/December 31, 2014 andfor the Years Ended December 31, 2016 and 2015
Laporan Keuangan KonsolidasiConsolidated Financial Statements
46 Annual Report / Laporan Tahunan 2016
PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/ PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
ISI/CONTENTS
SURAT PERNYATAAN DIREKSI TENTANG TANGGUNG JAWAB/DIRECTORS’ STATEMENT OF RESPONSIBILITY
LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN-TAHUN YANG BERAKHIR PADA 31 DESEMBER 2016 DAN 2015/CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED 31 DECEMBER 2016 AND 2015: Halaman/Page
LAPORAN POSISI KEUANGAN KONSOLIDASIAN/CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ............................................................... 1 - 2
LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN/CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME . 3
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN/
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ............................................................... 4
LAPORAN ARUS KAS KONSOLIDASIAN/
CONSOLIDATED STATEMENTS OF CASH FLOWS ............................................................................ 5
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN/
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ...........................................................6 - 44
LAPORAN AUDITOR INDEPENDEN/INDEPENDENT AUDITORS’ REPORT
.
PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/ PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
ISI/CONTENTS
SURAT PERNYATAAN DIREKSI TENTANG TANGGUNG JAWAB/DIRECTORS’ STATEMENT OF RESPONSIBILITY
LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN-TAHUN YANG BERAKHIR PADA 31 DESEMBER 2016 DAN 2015/CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED 31 DECEMBER 2016 AND 2015: Halaman/Page
LAPORAN POSISI KEUANGAN KONSOLIDASIAN/CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ............................................................... 1 - 2
LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN/CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME . 3
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN/
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ............................................................... 4
LAPORAN ARUS KAS KONSOLIDASIAN/
CONSOLIDATED STATEMENTS OF CASH FLOWS ............................................................................ 5
CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN/
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ...........................................................6 - 44
LAPORAN AUDITOR INDEPENDEN/INDEPENDENT AUDITORS’ REPORT
.
1
PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/ PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN/CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
31 DESEMBER 2016 DAN 2015/31 DECEMBER 2016 AND 2015(Dalam jutaan rupiah, kecuali dinyatakan khusus/In millions of rupiah, unless otherwise specified)
Catatan/ 31 Desember/December 1 Januari/ January
ASET Notes 2016 2015* 2015* ASSETS
ASET LANCAR CURRENT ASSETS
Kas dan setara kas 4 33.961 54.773 220.527 Cash and cash equivalents Piutang usaha 5 Trade receivables
Pihak ketiga 5.439 6.858 5.930 Third parties Pihak berelasi 366.022 380.181 288.612 Related parties
Piutang lain-lain Other receivables Pihak ketiga 1.425 444 1.858 Third parties Pihak berelasi 3.046 398 88 Related parties
Persediaan, setelah dikurangi penyisihan penurunan nilai persediaan masing-masing sebesar Rp 18.600 pada tahun 2016 dan Rp 10.265 pada tahun 2015 6 104.655 194.888 253.388
Inventories, net of provision for decline in inventory value of
Rp 18,600 in 2016 and Rp 10,265 in 2015
Uang muka 357 3.899 6.621 Advances Pajak dibayar dimuka 11 2.460 27.406 13.907 Prepaid taxes Beban dibayar dimuka 2.296 4.422 3.699 Prepaid expenses
TOTAL ASET LANCAR 519.661 673.269 794.630 TOTAL CURRENT ASSETS
ASET TIDAK LANCAR NON-CURRENT ASSETS Aset pajak tangguhan, bersih 11 - 11.611 - Deferred tax assets, net Aset tetap, setelah dikurangi
akumulasi penyusutan dan penurunan nilai masing-masing sebesar Rp 1.099.385 pada tahun 2016 dan Rp 999.441 pada tahun 2015 7 1.321.545 1.394.743 1.405.892
Fixed assets, net of accumulated depreciation and impairment loss of Rp 1,099,385 in 2016
and Rp 999,441 in 2015 Aset tak berwujud, bersih 1.056 1.152 - Intangible assets, net Properti investasi 15.409 - - Investment properties Aset tidak lancar lainnya 1.999 2.995 2.636 Other non-current assets
TOTAL ASET TIDAK LANCAR 1.340.009 1.410.501 1.408.528
TOTAL NON-CURRENT ASSETS
TOTAL ASET 1.859.670 2.083.770 2.203.158 TOTAL ASSETS
* Disajikan kembali (lihat Catatan 27) As restated (see Note 27) * Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan bagian tak terpisahkan dari laporan keuangan konsolidasian.
See Notes to the Consolidated Financial Statements which form an integral part of these consolidated financial
statements.
2
PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/ PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN (Lanjutan)/CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Continued)
31 DESEMBER 2016 DAN 2015/31 DECEMBER 2016 AND 2015(Dalam jutaan rupiah, kecuali dinyatakan khusus/In millions of rupiah, unless otherwise specified)
Catatan/ 31 Desember/December 1 Januari/ January
LIABILITAS DAN EKUITAS Notes 2016 2015* 2015* LIABILITIES AND EQUITY
LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Utang usaha Trade payables
Pihak ketiga 8 83.303) 94.541) 74.826) Third parties Utang lain-lain 9 Other payables
Pihak ketiga 6.121) 13.917) -) Third parties Pihak berelasi 20.524) 51.807) 20.632) Related parties
Utang dividen 899) 899) 441) Dividend payable Utang pajak 11 11.937) 7.285) 11.394) Taxes payable Beban akrual 10 43.064) 39.228) 35.376) Accrued expenses
TOTAL LIABILITAS JANGKA PENDEK 165.848) 207.677) 142.669)
TOTAL CURRENT LIABILITIES
LIABILITAS JANGKA PANJANG
NON-CURRENT LIABILITIES
Liabilitas pajak tangguhan, bersih 11 55.056) 13.157) 45.273) Deferred tax liabilities, net Liabilitas imbalan kerja 12 118.736) 96.658) 62.794) Employee benefits obligation
TOTAL LIABILITAS JANGKA PANJANG 173.792) 109.815) 108.067)
TOTAL NON-CURRENT LIABILITIES
) TOTAL LIABILITAS 339.640) 317.492) 250.736) TOTAL LIABILITIES
EKUITAS EQUITY
Modal saham 13 1.612.181) 1.612.181) 1.612.181) Share capital Tambahan modal disetor 14 216.746) 201.337) 201.337) Additional paid-in capital (Akumulasi defisit) saldo laba: ) (Accumulated deficit) retained earnings:
Ditentukan penggunaannya 7.159) 7.159) 4.392) Appropriated Belum ditentukan
penggunaannya (362.705) (113.887) 64.842) Unappropriated
Ekuitas yang dapat diatribusikan kepada pemilik entitas induk 1.473.381) 1.706.790) 1.882.752)
Equity attributable to owners of the Company
Kepentingan non-pengendali 15 46.649) 59.488) 69.670) Non-controlling interests TOTAL EKUITAS 1.520.030) 1.766.278) 1.952.422) TOTAL EQUITY
TOTAL LIABILITAS DAN
EKUITAS 1.859.670) 2.083.770) 2.203.158) TOTAL LIABILITIES
AND EQUITY
* Disajikan kembali (lihat Catatan 27) As restated (see Note 27) *
Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan bagian tak terpisahkan dari laporan keuangan konsolidasian.
See Notes to the Consolidated Financial Statements which form an integral part of these consolidated financial
statements.
3
PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN/
CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2016 DAN 2015/
YEARS ENDED 31 DECEMBER 2016 AND 2015 (Dalam jutaan rupiah, kecuali dinyatakan khusus/In millions of rupiah, unless otherwise specified)
Catatan/ Tahun berakhir 31 Desember/
Years ended 31 December Notes 2016 2015*
Pendapatan 16 863.715) 800.392) Revenue Beban pokok penjualan 17 (915.876) (854.672) Cost of sales
RUGI KOTOR (52.161) (54.280) GROSS LOSS
Beban penjualan 18 (25.747) (45.027) Selling expenses Beban administrasi 19 (88.528) (85.457) Administrative expenses Keuntungan (kerugian) kurs. bersih 2.506) (9.253) Currency exchange gain (loss), net Beban lain-lain, bersih 20 (4.861) (236) Other expenses, net (116.630) (139.973)
RUGI USAHA (168.791) (194.253) OPERATING LOSS Pendapatan keuangan 2.864) 12.014) Finance income
RUGI SEBELUM PAJAK
PENGHASILAN (165.927) (182.239) LOSS BEFORE INCOME TAX (Beban) manfaat pajak penghasilan 11 (86.572) 37.604) Income tax (expense) benefit
RUGI (252.499) (144.635) LOSS PENGHASILAN KOMPREHENSIF
LAIN OTHER COMPREHENSIVE
INCOME Pos yang tidak akan direklasifikasi ke
laba rugi Items that will not be reclassified to
profit or loss Pengukuran kembali liabilitas imbalan
pasti (12.211) (24.492)Remeasurements of defined benefit
liability Pajak terkait 3.053) 6.123) Related tax
TOTAL PENGHASILAN
KOMPREHENSIF LAIN (9.158) (18.369)TOTAL OTHER
COMPREHENSIVE INCOME
TOTAL PENGHASILAN KOMPREHENSIF (261.657) (163.004) TOTAL COMPREHENSIVE
INCOME
Rugi yang dapat diatribusikan kepada: Loss attributable to: Pemilik entitas induk (240.198) (135.682) Owners of the Company Kepentingan non pengendali 15 (12.301) (8.953) Non-controlling interests
(252.499) (144.635) TOTAL PENGHASILAN
KOMPREHENSIF LAIN YANG DAPAT DIATRIBUSIKAN KEPADA:
TOTAL OTHER COMPREHENSIVE INCOME ATTRIBUTABLE TO:
Pemilik entitas induk (8.620) (17.140) Owners of the Company Kepentingan non pengendali 15 (538) (1.229) Non-controlling interests
(9.158) (18.369) RUGI BERSIH PER SAHAM (DALAM
RUPIAH PENUH) 22 (16,09) (9,09)LOSS PER SHARE (IN A WHOLE
RUPIAH)
* Disajikan kembali (lihat Catatan 27) As restated (see Note 27) *
Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan bagian tak terpisahkan dari laporan keuangan konsolidasian.
See Notes to the Consolidated Financial Statements which form an integral part of these consolidated financial
statements.
2
PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/ PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN KONSOLIDASIAN (Lanjutan)/CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Continued)
31 DESEMBER 2016 DAN 2015/31 DECEMBER 2016 AND 2015(Dalam jutaan rupiah, kecuali dinyatakan khusus/In millions of rupiah, unless otherwise specified)
Catatan/ 31 Desember/December 1 Januari/ January
LIABILITAS DAN EKUITAS Notes 2016 2015* 2015* LIABILITIES AND EQUITY
LIABILITAS JANGKA PENDEK CURRENT LIABILITIES Utang usaha Trade payables
Pihak ketiga 8 83.303) 94.541) 74.826) Third parties Utang lain-lain 9 Other payables
Pihak ketiga 6.121) 13.917) -) Third parties Pihak berelasi 20.524) 51.807) 20.632) Related parties
Utang dividen 899) 899) 441) Dividend payable Utang pajak 11 11.937) 7.285) 11.394) Taxes payable Beban akrual 10 43.064) 39.228) 35.376) Accrued expenses
TOTAL LIABILITAS JANGKA PENDEK 165.848) 207.677) 142.669)
TOTAL CURRENT LIABILITIES
LIABILITAS JANGKA PANJANG
NON-CURRENT LIABILITIES
Liabilitas pajak tangguhan, bersih 11 55.056) 13.157) 45.273) Deferred tax liabilities, net Liabilitas imbalan kerja 12 118.736) 96.658) 62.794) Employee benefits obligation
TOTAL LIABILITAS JANGKA PANJANG 173.792) 109.815) 108.067)
TOTAL NON-CURRENT LIABILITIES
) TOTAL LIABILITAS 339.640) 317.492) 250.736) TOTAL LIABILITIES
EKUITAS EQUITY
Modal saham 13 1.612.181) 1.612.181) 1.612.181) Share capital Tambahan modal disetor 14 216.746) 201.337) 201.337) Additional paid-in capital (Akumulasi defisit) saldo laba: ) (Accumulated deficit) retained earnings:
Ditentukan penggunaannya 7.159) 7.159) 4.392) Appropriated Belum ditentukan
penggunaannya (362.705) (113.887) 64.842) Unappropriated
Ekuitas yang dapat diatribusikan kepada pemilik entitas induk 1.473.381) 1.706.790) 1.882.752)
Equity attributable to owners of the Company
Kepentingan non-pengendali 15 46.649) 59.488) 69.670) Non-controlling interests TOTAL EKUITAS 1.520.030) 1.766.278) 1.952.422) TOTAL EQUITY
TOTAL LIABILITAS DAN
EKUITAS 1.859.670) 2.083.770) 2.203.158) TOTAL LIABILITIES
AND EQUITY
* Disajikan kembali (lihat Catatan 27) As restated (see Note 27) *
Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan bagian tak terpisahkan dari laporan keuangan konsolidasian.
See Notes to the Consolidated Financial Statements which form an integral part of these consolidated financial
statements.
4
PT K
ER
AM
IKA
IND
ON
ESIA
ASS
OSI
ASI
Tbk
DA
N E
NTI
TAS
AN
AK
/ PT
KER
AMIK
A IN
DO
NES
IA A
SSO
SIAS
I Tbk
AN
D S
UBS
IDIA
RIES
LA
POR
AN
PER
UB
AH
AN
EK
UIT
AS
KO
NSO
LID
ASI
AN
/C
ONS
OLI
DAT
ED S
TATE
MEN
TS O
F CH
ANG
ES IN
EQ
UIT
Y TA
HU
N-T
AH
UN
YA
NG
BER
AK
HIR
31
DES
EMBE
R 2
016
DA
N 2
015/
YEAR
S EN
DED
31
DEC
EMBE
R 20
16 A
ND 2
015
(Dal
am ju
taan
rupi
ah,k
ecua
li di
nyat
akan
khu
sus/
In m
illio
ns o
f rup
iah,
unl
ess o
ther
wise
spec
ified
)
Lih
at C
atat
an a
tas L
apor
an K
euan
gan
Kon
solid
asia
n ya
ng m
erup
akan
bag
ian
tak
terp
isah
kan
dari
lapo
ran
keua
ngan
kon
solid
asia
n.
See
Not
es to
the
Con
solid
ated
Fin
anci
al S
tate
men
ts w
hich
form
an
inte
gral
pa
rt of
thes
e co
nsol
idat
ed fi
nanc
ial s
tate
men
ts.
D
iatr
ibus
ikan
kep
ada
pem
ilik
entit
as in
duk/
Attr
ibut
able
to o
wner
s of t
he C
ompa
ny
Sa
ldo
laba
/ Re
tain
ed e
arni
ngs
Cat
atan
/ N
otes
Mod
al
saha
m/
Shar
e ca
pita
l
Tam
baha
n m
odal
dis
etor
/ Ad
ditio
nal p
aid-
in ca
pita
l D
icad
angk
an/
Appr
opri
ated
Bel
um
dica
dang
kan/
U
napp
ropr
iate
d To
tal/
Tota
l
Kep
entin
gan
non
peng
enda
li/
Non
-con
trol
ling
inte
rest
To
tal e
kuita
s/
Tota
l equ
ity
Sald
o pa
da31
Des
embe
r 201
41.
612.
181
201.
337
4.39
212
2.65
4)1.
940.
564)
78.1
50)
2.01
8.71
4))
Ba
lanc
e as
of 3
1 D
ecem
ber 2
014
Dam
pak
dari
peny
ajia
n ke
mba
li27
--
-(5
7.81
2)(5
7.81
2)(8
.480
) (6
6.29
2))
Impa
ct of
res
tatem
ents
adju
stmen
ts Sa
ldo
pada
31
Des
embe
r 201
4 ya
ng
disa
jikan
kem
bali
1.61
2.18
120
1.33
74.
392
64.8
42)
1.88
2.75
2)69
.670
)1.
952.
422)
Resta
ted
bala
nce
as o
f 31
Dec
embe
r 201
4 Pe
mbe
ntuk
an ca
dang
an u
mum
21-
-2.
767
(2.7
67)
-)-)
-)Ap
prop
riatio
n fo
r gen
eral
rese
rve
Dis
tribu
si k
epad
a pem
egan
gsah
am-
divi
den
kas
21-
--
(23.
140)
(23.
140)
-)(2
3.14
0)Co
ntrib
utio
n to
shar
ehol
ders
- ca
sh d
ivid
ends
Peng
hasi
lan
kom
preh
ensi
f - 2
015:
Co
mpr
ehen
sive
inco
me
- 201
5:
Rugi
(set
elah
pen
yajia
n ke
mba
li)-
--
(135
.682
)(1
35.6
82)
(8.9
53)
(144
.635
)Lo
ss (a
s res
tate
d)
Tota
lpen
ghas
ilan
kom
preh
ensi
f la
in-
--
(17.
140)
(17.
140)
(1.2
29)
(18.
369)
Tota
l oth
er c
ompr
ehen
sive
in
com
e
Sald
o pa
da 3
1D
esem
ber 2
015
yang
di
sajik
an k
emba
li1.
612.
181
201.
337
7.15
9(1
13.8
87)
1.70
6.79
0)59
.488
)1.
766.
278)
Rest
ated
Bal
ance
as
of 3
1 D
ecem
ber 2
015
Dek
lara
si pr
oper
tiin
vesta
si se
baga
i ak
ibat
dar
i pen
gam
puna
n pa
jak
2016
dia
kui s
ebag
ai k
ontri
busi
m
odal
non
-mon
eter
-15
.409
--
15.4
09-)
15.4
09)
The
inve
stm
ent p
rope
rty
dec
lare
d as
a re
sult
of ta
x am
nest
y in
201
6 ar
e re
cogn
ized
as
non
-mon
etar
y ca
pita
l co
ntri
butio
n
Peng
hasi
lan
kom
preh
ensi
f - 2
016:
Co
mpr
ehen
sive
inco
me
- 201
6:
Rugi
--
-(2
40.1
98)
(240
.198
)(1
2.30
1)(2
52.4
99)
Loss
To
tal p
engh
asila
n ko
mpr
ehen
sif
lain
--
-(8
.620
)(8
.620
)(5
38))
(9.1
58))
Tota
l oth
er
com
preh
ensiv
e inc
ome
Sald
o pa
da 3
1 D
esem
ber 2
016
1.
612.
181
216.
746
7.15
9 (3
62.7
05)
1.47
3.38
1 46
.649
) 1.
520.
030)
Ba
lanc
e as
of 3
1 D
ecem
ber 2
016
5
PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/ PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
LAPORAN ARUS KAS KONSOLIDASIAN/CONSOLIDATED STATEMENTS OF CASH FLOWS
TAHUN-TAHUN YANG BERAKHIR 31 DESEMBER 2016 DAN 2015/YEARS ENDED 31 DECEMBER 2016 AND 2015
(Dalam jutaan rupiah, kecuali dinyatakan khusus/In millions of rupiah, unless otherwise specified)
Catatan
/
Tahun berakhir 31 Desember/ Years ended 31
December
Notes 2016 2015 ARUS KAS DARI AKTIVITAS OPERASI:
CASH FLOWS FROM OPERATING ACTIVITIES:
Penerimaan kas dari pelanggan 875.628) 707.895) Cash received from customersPembayaran kas ke pemasok dan
karyawan (847.584) (763.180)Cash paid to suppliers and employees
Penerimaan bunga 2.900) 11.994) Interest income received Penerimaan dari restitusi pajak -) 1.569) Income tax refund Pembayaran pajak penghasilan badan (5.705) (15.028) Income tax paid
Arus kas bersih dari (untuk) aktivitas operasi 25.239) (56.750)
Net cash flows from (used in) operating activities)
ARUS KAS DARI AKTIVITAS INVESTASI:
CASH FLOWS FROM INVESTING ACTIVITIES:
Perolehan aset tetap 7 (46.600) (90.977) Acquisition of fixed assets Hasil penjualan aset tetap 581) 5.053) Proceeds from sales of fixed assets Perolehan aset tak berwujud (32) (413) Acquisition of intangible assets
Arus kas bersih untuk aktivitas investasi (46.051) (86.337)
Net cash flows used in investing activities
ARUS KAS DARI AKTIVITAS PENDANAAN:
CASH FLOWS FROM FINANCING ACTIVITY:
Pembayaran dividen kas/Arus kas bersih untuk aktivitas pendanaan -) (22.681)
Payments of cash dividends/Net cash flows used in financing activity
Laba kurs atas kas dan setara kas -) 14) Effect of foreign exchange rate Penurunan bersih kas dan setara
kas (20.812) (165.754) Net decrease in cash and cash
equivalents
Kas dan setara kas, awal tahun 54.773) 220.527)Cash and cash equivalents, beginning
of year Kas dan setara kas, akhir tahun 4 33.961) 54.773) Cash and cash equivalents, end of year
Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan bagian tak terpisahkan dari laporan keuangan konsolidasian.
See Notes to the Consolidated Financial Statements which form an integral part of these consolidated financial
statements.
4
PT K
ER
AM
IKA
IND
ON
ESIA
ASS
OSI
ASI
Tbk
DA
N E
NTI
TAS
AN
AK
/ PT
KER
AMIK
A IN
DO
NES
IA A
SSO
SIAS
I Tbk
AN
D S
UBS
IDIA
RIES
LA
POR
AN
PER
UB
AH
AN
EK
UIT
AS
KO
NSO
LID
ASI
AN
/C
ONS
OLI
DAT
ED S
TATE
MEN
TS O
F CH
ANG
ES IN
EQ
UIT
Y TA
HU
N-T
AH
UN
YA
NG
BER
AK
HIR
31
DES
EMBE
R 2
016
DA
N 2
015/
YEAR
S EN
DED
31
DEC
EMBE
R 20
16 A
ND 2
015
(Dal
am ju
taan
rupi
ah,k
ecua
li di
nyat
akan
khu
sus/
In m
illio
ns o
f rup
iah,
unl
ess o
ther
wise
spec
ified
)
Lih
at C
atat
an a
tas L
apor
an K
euan
gan
Kon
solid
asia
n ya
ng m
erup
akan
bag
ian
tak
terp
isah
kan
dari
lapo
ran
keua
ngan
kon
solid
asia
n.
See
Not
es to
the
Con
solid
ated
Fin
anci
al S
tate
men
ts w
hich
form
an
inte
gral
pa
rt of
thes
e co
nsol
idat
ed fi
nanc
ial s
tate
men
ts.
D
iatr
ibus
ikan
kep
ada
pem
ilik
entit
as in
duk/
Attr
ibut
able
to o
wner
s of t
he C
ompa
ny
Sa
ldo
laba
/ Re
tain
ed e
arni
ngs
Cat
atan
/ N
otes
Mod
al
saha
m/
Shar
e ca
pita
l
Tam
baha
n m
odal
dis
etor
/ Ad
ditio
nal p
aid-
in ca
pita
l D
icad
angk
an/
Appr
opri
ated
Bel
um
dica
dang
kan/
U
napp
ropr
iate
d To
tal/
Tota
l
Kep
entin
gan
non
peng
enda
li/
Non
-con
trol
ling
inte
rest
To
tal e
kuita
s/
Tota
l equ
ity
Sald
o pa
da31
Des
embe
r 201
41.
612.
181
201.
337
4.39
212
2.65
4)1.
940.
564)
78.1
50)
2.01
8.71
4))
Ba
lanc
e as
of 3
1 D
ecem
ber 2
014
Dam
pak
dari
peny
ajia
n ke
mba
li27
--
-(5
7.81
2)(5
7.81
2)(8
.480
) (6
6.29
2))
Impa
ct of
res
tatem
ents
adju
stmen
ts Sa
ldo
pada
31
Des
embe
r 201
4 ya
ng
disa
jikan
kem
bali
1.61
2.18
120
1.33
74.
392
64.8
42)
1.88
2.75
2)69
.670
)1.
952.
422)
Resta
ted
bala
nce
as o
f 31
Dec
embe
r 201
4 Pe
mbe
ntuk
an ca
dang
an u
mum
21-
-2.
767
(2.7
67)
-)-)
-)Ap
prop
riatio
n fo
r gen
eral
rese
rve
Dis
tribu
si k
epad
a pem
egan
gsah
am-
divi
den
kas
21-
--
(23.
140)
(23.
140)
-)(2
3.14
0)Co
ntrib
utio
n to
shar
ehol
ders
- ca
sh d
ivid
ends
Peng
hasi
lan
kom
preh
ensi
f - 2
015:
Co
mpr
ehen
sive
inco
me
- 201
5:
Rugi
(set
elah
pen
yajia
n ke
mba
li)-
--
(135
.682
)(1
35.6
82)
(8.9
53)
(144
.635
)Lo
ss (a
s res
tate
d)
Tota
lpen
ghas
ilan
kom
preh
ensi
f la
in-
--
(17.
140)
(17.
140)
(1.2
29)
(18.
369)
Tota
l oth
er c
ompr
ehen
sive
in
com
e
Sald
o pa
da 3
1D
esem
ber 2
015
yang
di
sajik
an k
emba
li1.
612.
181
201.
337
7.15
9(1
13.8
87)
1.70
6.79
0)59
.488
)1.
766.
278)
Rest
ated
Bal
ance
as
of 3
1 D
ecem
ber 2
015
Dek
lara
si pr
oper
tiin
vesta
si se
baga
i ak
ibat
dar
i pen
gam
puna
n pa
jak
2016
dia
kui s
ebag
ai k
ontri
busi
m
odal
non
-mon
eter
-15
.409
--
15.4
09-)
15.4
09)
The
inve
stm
ent p
rope
rty
dec
lare
d as
a re
sult
of ta
x am
nest
y in
201
6 ar
e re
cogn
ized
as
non
-mon
etar
y ca
pita
l co
ntri
butio
n
Peng
hasi
lan
kom
preh
ensi
f - 2
016:
Co
mpr
ehen
sive
inco
me
- 201
6:
Rugi
--
-(2
40.1
98)
(240
.198
)(1
2.30
1)(2
52.4
99)
Loss
To
tal p
engh
asila
n ko
mpr
ehen
sif
lain
--
-(8
.620
)(8
.620
)(5
38))
(9.1
58))
Tota
l oth
er
com
preh
ensiv
e inc
ome
Sald
o pa
da 3
1 D
esem
ber 2
016
1.
612.
181
216.
746
7.15
9 (3
62.7
05)
1.47
3.38
1 46
.649
) 1.
520.
030)
Ba
lanc
e as
of 3
1 D
ecem
ber 2
016
97Annual Report / Laporan Tahunan 2016
SCG International Internship programAs part of ASEAN leading business conglomerate SCG, KIA engaged employees to participate in SCG Sharing the Dream, flagship CSR project of SCG with an aim to produce long-term improvements in social and economic aspects for ASEAN. SCG Sharing the Dream is a scholarships project that provides educational assistance for good moral students to more than 5,000 top achieving students in Indonesia, Vietnam, the Philippines, Myanmar, Laos, and Cambodia.
In Indonesia SCG Sharing the Dream has been held for its fifth year now since 2012, employees from 24 subsidiaries of SCG including KIA were engaged in this benevolent and charitable project perpetually. In 2016, SCG has chosen the theme of “Indonesia’s Future Green Leaders” to embed a green mindset to 350 senior high school students from 26 senior high schools, spread throughout Jakarta, Bogor, Cileungsi, Karawang, South Tangerang, Sukabumi and Bayah.
The scholarship was granted to senior high school students who have shown appreciation for their families while contributing to their communities though they were unable to continue their studies due to their economic conditions.
In addition to SCG Sharing the Dream, SCG also has sustainable human resource development focused programs in line with its commitment towards HR development. Such programs include SCG International Internship Program, SCG Drawing Your Career, and SCG Young Leaders Programs.
Consolidated Financial Statements
98 Annual Report / Laporan Tahunan 2016