Strengthening Capabilities Accelerating Stronger Performance

579 Pages·2017·9.73 MB·English

2
2017
0
1
Laporan Tahunan 7
Annual Report
Strengthening Capabilities,
Accelerating Stronger
Performance.
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PT Krakatau Steel (Persero) Tbk
Jl. Industri No. 5 P.O. Box 14 Performance
Cilegon - Banten 42435, Indonesia
Tel:[phone], 392003 (Hunting)
Fax: [phone], 395178
Website : www.krakatausteel.com
Email : [email protected]
2017
Laporan Tahunan
Annual Report

Company Profile •
Management Report •
Management Discussion and Analysis •
Business Support Review •
Good Corporate Governance •
Corporate Social Responsibility •
2017
Laporan Tahunan
Annual Report
Strengthening Capabilities,
Accelerating Stronger
Performance.
Bagi Krakatau Steel, tahun 2017 merupakan tahun yang baik dan
penuh harapan. Hal itu ditandai dengan kenaikan harga baja di pasar
internasional yang telah dimulai sejak tahun 2016.
Perseroan memanfaatkan momentum tersebut dengan
melakukan berbagai upaya penguatan kapabilitas internal.
Selama tahun 2017, Perseroan terus mendorong percepatan
peningkatan kekokohan fundamental Perusahaan dan Anak
Perusahaan, mulai dari peningkatan kehandalan sarana dan
fasilitas, program efisiensi, peningkatan kapasitas produksi serta
pengembangan talenta dan kultur sumber daya manusia. Inilah tema
yang menjadi fokus Perseroan sepanjang tahun 2017.
Upaya perbaikan tersebut semakin tampak membuahkan hasil
didukung dengan perbaikan ekonomi baik di tingkat global maupun
domestik yang mendorong peningkatan harga produk baja. Begitu
juga dengan fokus pembangunan Pemerintah untuk mendorong
infrastruktur, semakin memberikan harapan bagi industri baja
khususnya Perseroan. Dengan kondisi tersebut, maka diyakini
Perseroan akan semakin kokoh dan siap menatap masa depan yang
lebih cerah.
For Krakatau Steel, 2017 was a posiitve and promising year. This was marked by the rise in steel
prices in the international markets that have started since 2016. The Company took an advantage
from those good momentum by performing various efforts to strengthen internal capabilities.
During 2017, the Company continues to promote the acceleration of the fundamental solidity of the
Company and Subsidiaries, ranging from the increased reliability of facilities, efficiency programs,
increased production capacity, as well as the development of talent and human resource culture.
This is the theme of the Company’s focus throughout 2017.
The improvement efforts are increasingly generating results, supported by economic improvements,
both at the global and domestic levels that drive the increase the price of steel products.
Furthermore, the Government development focus in infrastructure, gave more prospect in steel
industry, especially for the Company. With those conditions, the Company believes will be more
stronger and ready for a better future.
PT Krakatau Steel (Persero) Tbk 1 1
Laporan Tahunan 2017 Annual Report PT Krakatau Steel (Persero) Tbk
2
Chapter
01
Daftar Isi
Contents
Target, Realisasi dan Proyeksi 113
Profil Perusahaan 23 Laporan Manajemen 47 Targets, Realization and Projection
Company Profile Management Report Prospek Usaha 115
Business Prospect
Dividen 118
Dividend
Informasi Umum Perusahaan 24 Laporan Dewan Komisaris 48 Program Kepemilikan Saham Karyawan
General Information of the Company Report from the Board of Commissioners dan Manajemen 118
Sekilas Perusahaan 26 Profil Dewan Komisaris 60 Employee and Management Stock
Company Overview Board of Commissioners Profile Ownership Program
Jejak Langkah 28 Laporan Direksi 66 Realisasi Penggunaan
Milestones Report from the Board of Directors Dana Hasil Penawaran Umum 119
Use of Proceeds from Public Offering
Visi Misi & Nilai Budaya Perusahaan 32 Profil Direksi 80
Vision Mission & Corporate Values Board of Directors Profile Investasi, Ekspansi, Divestasi,
Penggabungan/Peleburan Usaha, Akuisisi,
Filosofi Lambang Perusahaan 34
Restrukturisasi Utang/Modal, dan
Philosophy of Company Logo Analisis dan
Transaksi dengan Afiliasi di Tahun Buku 121
Komposisi Kepemilikan dan Pembahasan Manajemen 87 Investments, Expansions, Divestations,
Informasi Saham 36 Business Mergers/Consolidations,
Management Discussion
Ownership Composition and Acquisitions, Debt/Capital Restructuring,
Share Information and Analysis and Transactions with Affiliated
Kronologi Pencatatan Saham 38 Parties in the Book Year
Share Listing Chronology Tinjauan Umum 88 Transaksi Material yang Mengandung
Daftar Entitas Anak General Review Benturan Kepentingan 121
dan/atau Entitas Afiliasi 39 Tinjauan Keuangan 100 Transactions with Material
Subsidiaries and/or Affiliates Financial Review Conflict of Interests
Lembaga Profesi dan Kemampuan Membayar Kewajiban dan Perubahan Peraturan Perundang-Undangan
Penunjang Pasar Modal 41 Kolektabilitas Piutang 107 yang Berpengaruh Signifikan 123
Institution and Capital Market Support Solvability and Collectibility Rates Changes in Law and Regulations
with a Significant Impact on the Company
Komposisi Kepemilikan dan Struktur Modal 109
Informasi Saham 42 Capital Structure Perubahan Kebijakan Akuntansi yang
Ownership Composition and Diterapkan Perusahaan pada Tahun Buku
Share Information Ikatan Material Terkait Terakhir, Alasan dan Dampaknya
Investasi Barang Modal 110 terhadap Laporan Keuangan 125
Struktur Organisasi 44 Material Commitment on Capital Investment Changes in Accounting Policy and its
Organization Structure
Realisasi Investasi Barang Modal 110 Impact on Financial Statements
Realization of Investment - Capital Goods Ketaatan sebagai Wajib Pajak 125
Informasi dan Fakta Material yang Responsibility as a Taxpayer
Terjadi Setelah Tanggal Laporan 113 Informasi Kelangsungan Usaha 126
Material Information and Facts Business Continuity
after Accountant’s Report
Tinjauan Kinerja Anak Perusahaan 129
Performance Review of Subsidiaries
1 6
Tema Perkembangan Proyek Strategis
Theme Progress of Strategic Projects
4 9
Kesinambungan Tema Ikhtisar Operasional
Theme Continuity Operational Highlights
PT Krakatau Steel (Persero) Tbk Laporan Tahunan 2017 Annual Report
Company Profile •
Management Report •
Management Discussion and Analysis •
Business Support Review •
Good Corporate Governance •
Corporate Social Responsibility •
Tinjauan Pendukung Kebijakan Remunerasi Bagi Tanggung Jawab
Bisnis 141 DReemwuanne Kroatmioins aProisli cdya Fno Dr iTrehkes Bi oard of 216 Sosial Perusahaan 309
Business Support Review Commissioners And Board of Directors Corporate Social
Rapat Dewan Komisaris, Direksi Responsibility
Pengelolaan Modal Insani 142 dan Rapat Gabungan 219
Human Capital Management Board of Commisioner Meeting, Board of Tanggung Jawab Sosial Perusahaan 310
Directors Meeting and Joint Meeting
Tata Kelola Teknologi Informasi 160 Corporate Social Responsibility
Corporate Governance Hubungan Afiliasi antara Anggota Dewan Tanggung Jawab Sosial Perusahaan
of Information Technology Komisaris, Direksi dan Pemegang Saham di Bidang Lingkungan Hidup 314
Utama atau Pengendali 237
Environmental Social Responsibility
Affiliate Relationships between Members
of the Board of Commissioners, Tanggung Jawab Sosial Perusahaan
Tata Kelola Perusahaan 171 Board of Directors and Di Bidang Ketenagakerjaan,
Corporate Governance Major Shareholders or Controllers Kesehatan dan Keselamatan Kerja 322
Corporate Social Responsibility -
Rangkap Jabatan 239
Occupational Health and Safety
Multiple Positions
Dasar Pelaksanaan Kebijakan GCG 172 Komite-Komite di Tanggung Jawab Sosial Perusahaan
Basic Principles of Corporate Governance Bawah Dewan Komisaris 240 Di Bidang Sosial Kemasyarakatan 326
Corporate Social Responsibility –
Penerapan Tata Kelola Perusahaan Committees under the
the Community
yang baik pada Perusahaan Terbuka 173 Board of Commissioners
The Implementation of Good Corporate Sekretaris Perusahaan 260 Tanggung Jawab Sosial Perusahaan
Governance for Public Companies Corporate Secretary tehadap Konsumen 332
Corporate Social
Krakatau Steel Bersih 182 Audit Internal 270 Responsibility - Consumers
Clean Krakatau Steel Internal Audit Unit
Dasar-Dasar Pelaksanaan GCG 184 Akuntan Publik Independen 279 Surat Pernyataan Anggota
GCG Implementation Basis Independent Public Auditor
Dewan Komisaris dan
Tujuan Penerapan GCG 185 Manajemen Risiko 283
Objectives of GCG Implementation Risk Management Direksi atas Laporan
Roadmap GCG 185 Perkara Penting yang Tahunan 2017 342
GCG Roadmap Dihadapi Perusahaan 288 Board of Commissioners
Struktur dan Hubungan Key Issues Faced by Companies
and the Board of Directors
Tata Kelola Perusahaan 186 Sanksi Administratif 296
Structure And Relation of Administrative Punishment Statement for the 2017
Corporate Governance
Akses Informasi dan Data Perusahaan 296 Annual Report
Mekanisme Organ GCG 187 Access Information and Company Data
Mechanisms of GCG Organs
Kode Etik 297
Rapat Umum Pemegang Saham (RUPS) 188 Code of Conduct Laporan Keuangan 345
General Meeting of Shareholders (GMS)
Whistle Blowing System 300 Financial Statement
Dewan Komisaris 194 Whistle Blowing System
Board of Commissioners
Pengelolaan dan Pengendalian Gratifikasi 302
Komisaris Independen 201 Management and Control of Gratification
Independent Commissioner
Laporan Harta Kekayaan
Direksi 202 Penyelenggara Negara (LHKPN) 303
Board of Directors State Official’s Wealth Report (LHKPN)
Kebijakan Keberagaman Komposisi Penilaian GCG Perseroan 304
Dewan Komisaris dan Direksi 210 Company’s GCG Assessment
Policy on The Composition Diversity
Penerapan GCG pada Anak Perusahaan 306
of The Board of Commisisoners and
Application of GCG in
the Board of Directors
The Company’s Subsidiaries
Penilaian Kinerja Dewan Komisaris
dan Direksi 211
Board of Commissioners and Board
of Directors Assessment
10 14
Ikhtisar Keuangan Peristiwa Penting 2017
Financial Highlights 2017 Event Highlights
12 16
Ikhtisar Saham KRAS Penghargaan dan Sertifikasi 2017
KRAS Share Highlights Awards and Certifications 2017
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Laporan Tahunan 2017 Annual Report PT Krakatau Steel (Persero) Tbk
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Chapter
01
Kesinambungan
Tema
Theme Continuity
2013 2014 2015
Challenge for Persistence in Facing Efficiency for
Stronger Growth the Challenges Sustainable Growth
Perseroan memperoleh Kegigihan merupakan kunci Perseroan harus tetap tumbuh dan
pengalaman berharga dalam keberhasilan Perseroan dalam berkembang secara berkelanjutan
melalui masa sulit yang penuh menghadapi tantangan yang di tengah ketidakpastian kondisi
tantangan akibat tekanan harga bertubi-tubi. industri baja.
baja dunia.
Persistence is the key in facing the The Company must grow and
The Company obtained invaluable unceasing challenges. develop sustainably in the midst
experience in going through the of uncertainties of the global steel
tough times due to the pressures industry.
from global steel prices.
PT Krakatau Steel (Persero) Tbk Laporan Tahunan 2017 Annual Report
Company Profile •
Management Report •
Management Discussion and Analysis •
Business Support Review •
Good Corporate Governance •
Corporate Social Responsibility •
2017
2016
Strengthening Capabilities,
Accelerating Stronger
Creating a Better Performance.
Future with Times
Pada tahun 2017, Perseroan memperkuat
Semua upaya perubahan untuk
fundamental produksi dan keuangan guna
menggapai masa depan yang
lebih baik Perseroan telah mulai mendorong pertumbuhan kinerja
membuahkan hasil nyata.
In 2017, the Company strengthens the fundamentals
All the Company’s efforts to
changing with the times for a of production and finance to encourage performance
better future have started to yield growth.
results.
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Laporan Tahunan 2017 Annual Report PT Krakatau Steel (Persero) Tbk
6
Chapter
01
Perkembangan
Proyek Strategis
Progress of Strategic Projects
Target
Proyek Strategis Deskripsi Proyek Tujuan Proyek Penyelesaian Progress Keterangan
No.
Strategic Project Project Description Project Goal Target of % Remarks
Completion
1. Pembangunan Dermaga Pembangunan dermaga Meningkatkan kapasitas Triwulan I 2017 100% Selesai
7.3 – PT Krakatau dengan minimal kargo pelabuhan untuk melayani dan sudah
Bandar Samudera 1,3juta ton per tahun bahan baku PT Semen Indonesia beroperasi
untuk melayani kapal
berbobot 40.000 DWT
Construction of Jetty Construction of Jetty To increase the port capacity to 1st Quarter 2017 Completed
7.3 - PT Krakatau Bandar with minimum cargo of serve raw material of and has been
Samudera 1.3 million tons per year PT Semen Indonesia operating
to serve ship vessel with
capacity of 40,000 DWT
2. PT Krakatau Nippon Pembangunan pabrik Memproduksi produk baja bagi Triwulan III 2017 100% Selesai
Steel Sumikin, galvanizing and annealing pasar otomotif, meningkatkan dan sudah
Perusahaan Patungan processing line kapasitas distribusi dan penjualan produk beroperasi
PTKS – Nippon Steel 500.000 ton per tahun PTKS dan meningkatkan
Sumitomo Metal pendapatan
Corporation
PT Krakatau Nippon Construction of To produce the steel products 3rd Quarter 2017 Completed
Steel Sumikin, Joint galvanizing and annealing for the automotive market, and has been
Venture Company processing line capacity improving the distribution operating
between PTKS and of 500,000 tons per year and sale of PTKS products and
Nippon Steel Sumitomo increase revenue
Metal Corporation
3. PT Krakatau Semen Pembangunan pabrik Mengolah granulated slag (by Triwulan III 2017 100% Selesai
Indonesia, Perusahaan pengolahan granulated product Blast Furnace) menjadi dan sudah
Patungan PTKS – slag menjadi slag slag powder sebagai bahan beroperasi
PT Semen Indonesia powder sebagai bahan baku semen
(Persero) Tbk baku semen, kapasitas
750.000 ton per tahun
PT Krakatau Semen Construction of To process the granulated slag 3rd Quarter 2017 Completed
Indonesia, Joint granulated slag (by product of Blast Furnace) and has been
Venture Company processing plant to slag to slag powder as raw material operating
between PTKS and powder as raw material of cement
PT Semen Indonesia of cement, capacity of
(Persero) Tbk 750,000 tons per year
PT Krakatau Steel (Persero) Tbk Laporan Tahunan 2017 Annual Report
Company Profile •
Management Report •
Management Discussion and Analysis •
Business Support Review •
Good Corporate Governance •
Corporate Social Responsibility •
Target
Proyek Strategis Deskripsi Proyek Tujuan Proyek Penyelesaian Progress Keterangan
No.
Strategic Project Project Description Project Goal Target of % Remarks
Completion
4.. Pembangunan Blast Pembangunan Blast Menurunkan biaya produksi slab Triwulan II 2018 99,43% Tahap
Furnace Complex (BFC) Furnace Complex melalui penurunan biaya bahan (First Blow In) konstruksi
– PTKS (Sintering Plant, Coke baku dan konsumsi listrik serta
Oven Plant, Blast Furnace menciptakan keseimbangan
dan Hot Metal Treatment kapasitas produksi hulu dan hilir
Plant) berkapasitas 1,2
juta ton per tahun
Construction of Blast Construction of Blast To reduce the production 2nd Quarter 2018 Construction
Furnace Complex (BFC) Furnace Complex cost of slab through reducing (First Blow In) stage
- PTKS (Sintering Plant, Coke raw material and electricity
Oven Plant, Blast Furnace costs as well as balancing the
and Hot Metal Treatment downstrem and upstream
Plant) with capacity of 1.2 facilities capacities
million tons per year
5. Pembangunan Bendung Pembangunan Bendung Meningkatkan kapasitas Triwulan II 2018 93,26% Tahap
Cipasauran – Cipasauran untuk pasokan air bersih untuk konstruksi
PT Krakatau Tirta memperoleh tambahan memenuhi kebutuhan air bersih
Industri sumber Air Baku sebesar di Wilayah Cilegon
750 liter per detik dari
Sungai Cipasauran
Construction of Construction of To increase water supply 2nd Quarter 2018 Construction
Cipasauran Dam – Cipasauran Dam to get capacity to fulfill the needs of stage
PT Krakatau Tirta additional water sources water in Cilegon area
Industri 750 liters per second
from Cipasauran River
6. Pembangunan Hot Strip Pembangunan Hot Memenuhi permintaan Triwulan IV 2019 47,29% Tahap
Mill #2 – PTKS Strip Mill baru dengan pasar baja domestik dan (First Coil) Konstruksi
kapasitas 1,5 juta ton per mempertahankan posisi PTKS
tahun sebagai pemimpin pasar baja
domestik serta meningkatkan
fleksibilitas operasi
Construction of Hot Construction of the To fulfill the demand of 4th Quarter 2019 Construction
Strip Mill #2 – PTKS new Hot Strip Mill with domestic steel market and (First Coil) stage
capacity of 1.5 million tons maintain PTKS position
per year as the leader of the domestic
steel market and Improve
operational flexibility
7. Pembangunan PLTU Pembangunan Meningkatkan kapasitas Triwulan I 2021 0% Tahap tender
1x150 MW – Pembangkit Listrik produksi listrik dan menurunkan
PT Krakatau Daya Tenaga Uap Batu Bara biaya produksi serta menjamin
Listrik 1x150 MW ketersediaan pasokan listrik
Coal Fired Steam Power Coal Fired Steam Power To increase electricity 1st Quarter 2021 Tender stage
Plant 1x150 MW – Plant with capacity of production capacity, reduce
PT Krakatau Daya 1x150 MW production cost and ensure
Listrik availability of electricity supply
8. Pembangunan Dermaga Pembangunan Dermaga Meningkatkan pelayanan & Triwulan I 2020 0% Tahap Tender
7.1 & 7.2 - PT Krakatau dengan kapasitas 3,5 juta kapasitas pelabuhan
Bandar Samudera ton per tahun
Construction of Jetty Construction of Jetty To increase port’s services & 1st Quarter 2020 Tender stage
7.1 & 7.2 - PT Krakatau with capacity 3.5 million capacities
Bandar Samudera tonnes per year
7
Laporan Tahunan 2017 Annual Report PT Krakatau Steel (Persero) Tbk