PT. Cardig Aero Services Tbk

276 Pages·2013·6.88 MB·English

FOSTERING
SUSTAINABLE GROWTH
Laporan Tahunan 2012 Annual Report
Daftar Isi
Table of Contents
Kinerja Keuangan Utama 2012 34 Data Perusahaan
4
Financial Highlights Corporate Data
5 Strategi Bisnis Untuk Memperkuat 36 Sekilas Tentang CAS
Pertumbuhan CAS at Glance
Business Strategy To Strengthen Growth
42 Wilayah Operasi
6 Ikhitsar Keuangan
Operational Coverage
Financial Highlights
44 Visi, Misi dan Nilai
9 Kinerja Saham 2012
Vision, Mission and Value
Stock Highlights 2012
45 Struktur Organisasi
10 Peristiwa Penting Tahun 2012
Organization Structure
2012 Events Highlights
46 NIlai-Nilai Utama CAS
15 Laporan Manajemen CAS Core Value
Management Report
48 Profil Dewan Komisaris
16 Laporan Dewan Komisaris
Commisioners Profile
Board Of Commissioners’ Report
54 Profil Direksi
22 Laporan Direksi
Board of Directors Profile
Board Of Directors’ Report
60 Informasi Kepada Pemegang Saham
30 Pernyataan Pertanggungjawaban Direksi
Information to Shareholders
dan Dewan Komisaris
Statement of Responsibility of The Board of 62 Lembaga Dan Profesi Penunjang Pasar
Directors and Board of Commissioners Modal
Capital Market Supporting Institutions and
Profil Perusahaan
33 Professionals
Corporate Profile
66 Tonggak Sejarah
Milestones
SEKAPUR SIRIH
INTRODUCTION
Selamat Datang di laporan tahunan PT. Cardig Aero Services Tbk.
Perseroan mempersembahkan laporan ini untuk mengkomunikasikan upaya dan komitmen Perseroan dalam memperkuat
pertumbuhan usaha bagi seluruh pemegang saham dan pemangku kepentingan. Laporan tahunan ini mencakup kinerja Perseroan
dan aktivitasnya di tahun 2012, serta pemaparan mengenai target dan pencapaian perseroan selama tahun 2012.
PT Cardig Aero Services Tbk, atau yang sudah dikenal dengan nama CAS, telah terposisikan sebagai salah satu perusahaan yang
bergerak dibidang penunjang penerbangan dan solusi makanan yang sedang berkembang di Indonesia, melalui pertumbuhan yang
didorong oleh peningkatan pendapatan per kapita dari lebih 240 juta populasi. Perseroan memiliki visi yang jelas untuk menjadi
Penyedia Jasa One-Stop di bidang penunjang bandar udara & solusi makanan, dan terus berupaya untuk bertumbuh bersamaan
dengan ekonomi Indonesia yang bekesinambungan.
Pertumbuhan pendapatan domestic bruto (PDB) di Indonesia di beberapa tahun belakangan telah memberikan dampak positif
bagi lalu lintas udara domestik dan jumlah penumpangnya di seluruh bandar udara di Indonesia. Hal ini menciptakan begitu
banyak peluang serta tantangan, terutama bagi industri jasa pendukung bandara dan penerbangan. Menyikapi hal ini, Perseroan
berkomitmen untuk terus bertumbuh dan belajar mengembangkan kemampuannya guna meraih peluang-peluang tersebut dan
menjawab segala tantangan dalam rangka mencapai keunggulan dan keberlanjutan bisnis.
Welcome to PT. Cardig Aero Services Tbk 2012 Annual Report.
We are pleased to present this Annual Report and to communicate our efforts as well as commitment in fostering business growth
to all our shareholders and stakeholders. This annual report discloses the Company’s performance and activities throughout
2012, as well as describes the Company’s target and achievements during year 2012.
PT Cardig Aero Services Tbk, also known as CAS, is well positioned in aviation support and food solutions industry in Indonesia,
with attractive growth driven by rising income per capita of over 240 million populations. The Company is established with a clear
vision to become the industry’s preferred One-Stop Service Provider and continue to thrive in the growing economy of Indonesia.
The growth of Indonesia’s gross domestic product (GDP) in these last few years has a positive impact towards nationwide
domestic airports ≠traffic and passenger numbers. This condition has generated ample opportunities and challenges, especially
for the airport and airlines support service industry. Recognizing this favorable condition, the Company is committed to continue
to grow and learn to expand its capabilities to seize opportunities and overcome challenges in order to achieve business
excellence and sustainability.
Daftar Isi
Table of Contents
Tinjauan Usaha Tata Kelola Perusahaan
69 113
Business Review Good Corporate Governance
78 Sumber Daya Manusia 117 Struktur Tata Kelola Perusahaan PT Cardig
Human Resources Aero Services, Tbk.
Corporate Governing Structure of PT Cardig
82 Tehnologi Informasi
Aero Services, Tbk.
Information Technology
117 Rapat Umum Pemegang Saham
Analisa & Pembahasan Manajemen Management General Meeting Of Shareholders
87
Discussion & Analysis
135 Komite Dibawah Dewan Komisaris
88 Ekonomi Makro Committees Under The Board Of
Macro Economy Commissioners
90 Tinjauan Kinerja Keuangan Perseroan 144 Manajemen Risiko
Financial Performance Overview Risk Management
92 Laporan Laba Rugi Komprehensif 160 Sistem Pelaporan Pelanggaran
Konsolidasian Whistle Blowing System
Consolidated Statements Of Comprehensive
Tanggung Jawab Sosial Perusahaan
Income 165
Corporate Social Responsibility
107 Prospek Usaha & Aspek Pemasaran
Business Prospect & Marketing Aspects 171 Laporan Audit Keuangan
Audited Financial Report
110 Perubahan Kebijakan Akuntansi Yang
Berdampak Pada Perseroan
The Amendments Of Accountant Policy And
Its Impact To The Company
Laporan Tahunan 2012 Annual Report
Kinerja Keuangan Utama 2012
Financial Highlight 2012
31%
PENINGKATAN
LABA BERSIH
Increase in net income
25%
PENINGKATAN
PENDAPATAN
Increase in revenue
23.5%
PENINGKATAN
LABA PER SAHAM
Increase in earning per share
MARGIN EBITDA
BERHASIL
29%
DIPERTAHANKAN,
WALAUPUN PERSEROAN
MELAKUKAN AKUISISI
DITAHUN 2012
EBITDA margin was successfully
maintained, despite the Company’s
acquisition activities in 2012
4 PT. Cardig Aero Services, Tbk. FOSTERING SUSTAINABLE GROWTH
Laporan Tahunan 2012 Annual Report
Strategi Bisnis Untuk Memperkuat Pertumbuhan
Business Strategy To Strengthen Growth
Perseroan menerapkan strategi kunci dalam The Company implemented the following key
memperkuat pertumbuhan, mencakup: strategies to strengthen its growth, which include:
1. Mempertahankan kompetensi inti perseroan 1. Upholding the Company’s core competencies
yaitu bidang jasa pendukung kedirgantaraan in aviation support and food solution services.
dan solusi jasa boga.
2. Memahami kebutuhan pelanggan dan 2. Understanding customers’ needs and striving
memberikan layanan terbaik yang dapat to provide the best available service.
diupayakan.
3. Mengutamakan sinergi dan komunikasi 3. Maintaining an effective sinergy and internal
internal yang efektif. communication.
4. Meningkatkan keunggulan kompetitif melalui 4. Enhancing competitive advantage by
perbaikan terus-menerus di mata rantai continous improvement in our supply chain.
suplai kami
5. Merekrut dan membina sumber daya manusia 5. Recruiting and retaining competent human
yang kompeten (ditargetkan). resources
FOSTERING SUSTAINABLE GROWTH PT. Cardig Aero Services, Tbk. 5
Laporan Tahunan 2012 Annual Report
Ikhtisar Keuangan
Financial Highlights
(Dalam kelipatan 1000 rupiah)/ (In thousand rupiahs)
Posisi keuangan konsolidasian
2012 2011*) 2010*)
Consolidated Financial Position
Aset Lancar/ Current Asset 430,369,669 387,902,302 262,592,517
Aset Tidak Lancar/ Non-current Asset 364,645,789 338,690,400 164,778,770
Jumlah Aset/ Total Asset 795,015,458 726,592,702 427,371,287
Liabilitas jangka pendek/ Current
247,412,754 212,111,560 188,294,372
Liabilities
Liabilitas jangka panjang/
196,245,555 224,347,147 37,138,851
Non-current liabilities
Equitas/ Equity 351,357,149 290,133,995 201,938,064
Jumlah Liabilitas & Ekuitas/ Total
795,015,458 726,592,702 427,371,287
liabilities & Equity
Laba Rugi Komprehensif Konsolidasian
2012 2011*) 2010*)
Consolidated of Comprehensive Income
Pendapatan/ Revenue 1,006,269,488 803,573,806 692,113,078
Beban Usaha/ Operating Expenses (752,035,132) (613,018,522) (503,908,960)
Laba Usaha/ Operating Profit 254,234,356 190,555,284 188,204,118
Pos Keuangan dan Lainnya/
(1,678,148) 7,339,541 1,046,714
Financial and Other Items
Laba Sebelum Pajak Penghasilan/
252,556,208 197,894,825 189,250,832
Income Before Tax
Beban Pajak/ Tax Expenses (63,127,902) (53,738,700) (50,039,980)
Laba Bersih Tahun Berjalan/
189,428,306 144,156,125 139,210,852
Net Income for The Year
Pendapatan Komprehensif Lain/
(730,323) (2,290,531) -
Other Comprehensive income
Jumlah Pendapatan Komprehensif/
188,697,983 141,865,594 139,210,852
Total Comprehensive Income
Laba Diatribusikan Kepada/
Net Income Atributable to
P emilik Entitas Induk/ Holding
87,532,644 65,814,382 66,250,756
Company
K epentingan Non – Pengendali/
101,895,662 78,341,743 72,960,095
Non-Controlling interest
Laba komprehensif diatribusikan
kepada/ Comprehensive income
attributable to
P emilik Entitas Induk/ Holding
86,802,321 63,523,851 66,250,756
Company
K epentingan Non – Pengendali/
101,895,662 78,341,743 72,960,095
Non-Controlling interest
Laba per Saham/ Earning per Share 42 34 35
Jumlah Saham Beredar/
2,086,950 2,086,950 1,920,000
Number of Issued Shares
6 PT. Cardig Aero Services, Tbk. FOSTERING SUSTAINABLE GROWTH
Laporan Tahunan 2012 Annual Report
Ikhtisar Keuangan
Financial Highlights
(Dalam kelipatan 1000 rupiah)/ (In thousand rupiahs)
EBITDA 2012 2011*) 2010*)
Laba Usaha/ Operating Profit 254,234,356 190,555,284 188,204,118
Depresiasi/ Depreciation 37,173,745 32,701,962 25,442,414
EBITDA 291,408,101 223,257,246 213,646,532
Rasio Keuangan Konsolidasian
2012 2011*) 2010*)
Consolidated Financial Ratio
Rasio Lancar/ Current Ratio 174% 183% 139%
Rasio Laba Bersih terhadap Aset/
11% 9% 16%
Return on Asset Ratio
Rasio Laba Bersih terhadap Ekuitas/
25% 23% 33%
Return on Equity Ratio
Ratio Liabilitas terhadap Aset/ Liability
56% 60% 53%
to Asset Ratio
Rasio Laba Usaha/ Operating Profit
25% 24% 27%
Margin
Rasio Laba Bersih/ Net Profit Margin 9% 8% 10%
Rasio EBITDA/ EBITDA Ratio 29% 28% 31%
Rasio Perkembangan Growth Ratio
Pendapatan/ Revenue 25% 16% 201%
Beban Usaha/ Operating Expenses 23% 22% 196%
Pos Keuangan dan Lainnya/
-123% 601% -141%
Financial and Other Items
Laba Sebelum Pajak Penghasilan/
28% 5% 232%
Income Before Tax
Beban Pajak/ Tax Expenses 17% 7% 188%
Laba Bersih Tahun Berjalan/
31% 4% 251%
Net Income for The Year
Aset Lancar/ Current Asset 11% 48% -1%
Aset Tidak Lancar/ Non-current Asset 8% 106% 30%
Liabilitas jangka pendek/
17% 13% 38%
Current Liabilities
Liabilitas jangka panjang/
-13% 504% 20%
Non-current liabilities
Catatan:
*) disajikan ulang untuk mengakui penyertaan saham PMAD di tahun 2012/restatement due to invesment on
PMAD in 2012
FOSTERING SUSTAINABLE GROWTH PT. Cardig Aero Services, Tbk. 7
Laporan Tahunan 2012 Annual Report
Ikhtisar Keuangan
Financial Highlights
1
.0
0
6 1 8
7 7
4% 1 .53
8
3
1050 80 210% % 105
795000 4 692 115800%% 139% 7950 65.81 66.25
600 120% 60
450 90% 45
300 60% 30
150 30% 15
2012 2011 2010 2012 2011 2010 2012 2011 2010
Dalam IDR Miliar / In Billion Rupiah Dalam IDR Miliar / In Billion Rupiah
Pendapatan Usaha Rasio Lancar Laba Diatribusikan Kepada
Revenues Current Ratio Pemilik Entitas Induk
Net Income Atributable to
Holding Company
1
8
9
.4
3 4
2
1
4
115920 4.16 139.21 344505 34 35
114 30
15
76
10
38 5
2012 2011 2010 2012 2011 2010
Dalam IDR / In Rupiah Dalam IDR / In Rupiah
Laba Bersih Tahun Berjalan Laba per Saham
Net Income for the Year Earning per shares
8 PT. Cardig Aero Services, Tbk. FOSTERING SUSTAINABLE GROWTH
Laporan Tahunan 2012 Annual Report
Kinerja Saham 2012
Stock Highlights 2012
Tabel di bawah ini menunjukkan perkembangan The following table presents monthly progress of
harga saham Perseroan per bulan sejak listing dan the Company’s share price since it was listed and
rata-rata volume perdagangan. the average daily trading volume.
1000 5000
0
0
900 4500 0
0
1
800 4000

X
700 3500
600 3000
500 2500
400 2000
300 1500
200 1000
100 500
0 0
Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-13
Closing Price Volume
Tabel Harga Saham/ Stock Price
2013 2012 2011
April* March February January Dec Dec
Terendah/ Lowest 710 640 690 670 375 305
Tertinggi/Highest 760 860 850 750 990 475
Penutupan (Rata – rata)/
748 783.81 758 720 709,92 396
Closing (average)
Volume (Rata – rata) - 000/
41.5 119.5 614.34 63.79 942.82 8,195
Share volume (average) - 000
*) Sampai dengan 5 April 2012/ Until April 5, 2012
Grafik dan tabel menunjukan kinerja harga Both graph and table demonstrate the stock
dan volume transaksi saham Perseroan sejak price performance and its transactions volume
penawaran perdana pada tanggal 5 Desember since the initial public offering on December 5,
2011. Memasuki tahun 2013, dimana kondisi 2011. Embarking into 2013 and following a stable
pasar Indonesia cukup stabil, pergerakan harga Indonesian market condition, CAS stock price was
saham CAS turut stabil dan berada pada kisaran performed well to reach a level of Rp752.45. By
Rp752,45. Sampai dengan akhir tahun 2012, the end of 2012, the Company’s stock price has
harga saham Perseroan telah meningkat sebesar increased by 79.27% compared to its initial public
79,27% dibandingkan dengan harga penawaran offering position.
saham perdana.
FOSTERING SUSTAINABLE GROWTH PT. Cardig Aero Services, Tbk. 9
Laporan Tahunan 2012 Annual Report
Peristiwa Penting Tahun 2012
2012 Events Highlights
Januari/ January Februari/ February Maret/ March
Perpanjangan Kontrak JAS 01. 01.
dengan Philippine Airlines untuk Perpanjangan Kontrak JAS JAS menerima penghargaan
pelayanan Ground dan Cargo dengan Saudi Arabian Airlines dari All Nippon Airways dalam
Handling di Bandara Soekarno- untuk pelayanan Ground dan pencapaian Perseroan di bidang
Hatta. Cargo Handling di Bandara Customer Services.
JAS and Philippine Airlines Soekarno-Hatta. Termasuk di JAS received an award from
contract extension on Ground dalamnya untuk pelayanan All Nippon Airways for the
Services and Cargo Handling in penerbangan haji di Soekarno- Company’s achievements in
Soekarno-Hatta Airport. Hatta dan Juanda Surabaya. Customer Services.
Contract extension between
JAS and Saudi Arabian Airlines 02.
on Ground Services and Cargo RUPST dan LB JAS, salah
Handling in Soekarno-Hatta satu keputusan Rapat adalah
Airport. This contract also menunjuk CEO baru yaitu Bapak
included service of Haj flight in Adji Gunawan.
Soekarno-Hatta and Surabaya’s JAS held its Annual General
Juanda Airport. Meeting of Shareholders, with a
resolution on the appointment of
02. new CEO, Mr. Adji Gunawan.
JAS mulai melayani Malaysian
Airlines Cargo di Bandara Juanda
Surabaya. 03.
JAS commenced service for CASC mendapatkan Kontrak Baru
Malaysian Airlines Cargo in pelayanan Catering dari Mandiri
Juanda Airport, Surabaya. Inti Perkasa di Site Krasi Sesayap
CASC signed new contract with
Mandiri Inti Perkasa in Krasi
03.
Sesayap site.
CASC mendapatkan Kontrak baru
pelayanan Catering dari Berau
Coal di Site Samburakat. 04.
CASC signed new contract with CASC mendapatkan Kontrak
Berau Coal on Catering Services Baru pelayanan Catering dari
in Samburakat Site. Pama Persada di Site TOP Teluk
Timbau.
CASC signed new contract on
Catering Services for Pama
Persada in Teluk Timbau Site.
10 PT. Cardig Aero Services, Tbk. FOSTERING SUSTAINABLE GROWTH