The Significant Laws and Regulations Changes

    In 2016, there were no changes in the legislation which
    have significant effect to the Company


    The consolidated Financial Statements have been prepared in accordance with Indonesian Financial Accounting Standards (SAK), with comprise the statement and interpretation issued by the Board of Financial Accounting Standards of the Indonesian Institute of Accountants and Regulation No, VIII.G.7 on Guidelines on Financial Statements Presentation and Disclosures Issued for Public Company issued by the Indonesia Financial Services Authority (Bapepam dan LK).

    As follows the new accounting standards and revised, effective January 1, 2016, which is considered relevant for the Company therefore affect the consolidated financial position and / or performance of the Company and / or related disclosures in the accounting policies and notes to the consolidated financial statements.

    a. PSAK No.4: Separate financial statements

    Revisions to PSAK No.4 require entities to account for investment in subsidiaries, joint ventures and associates either at cost, in accordance with PSAK No.55 or using the equity method in their separate financial statements.

    The revised PSAK No.4 which is effective January 1, 2016, shall be applied retrospectively. Early adoption is allowed.

    b. ISAK No.30: Levies

    Levies are defined in ISAK No.30 as outflows of resources embodying economic benefits imposed by government on entities in accordance with legislation. ISAK No. 30 clarifies that an entity recognizes a liability for a levy when the activity that triggers payment as identified by the relevant legislation, occurs. ISAK No.30, which is effective January 1, 2016, shall be applied retrospectively


Investor Relations
  • Board of Commissioners Report
  • Directors Report
  • Management Discussion and Analysis
  • Consolidated Statements of Comprehensive Income
  • Consolidated Statements of Financial Position
  • Financial Highlights Graphics
  • Ratio Analysis
  • Business Prospect and Strategy
  • Competitive Advantage and Risk Management
  • Shares, Dividends and Chronology of Company Listing
  • The Significant Laws and Regulations Changes
  • Annual Reports
  • Quarterly Financial Statements