PT Ancora Indonesia Resources, Tbk Strengthening 2016 .
Laporan TahunanAnnual ReportLaporan TahunanAnnual Report20162016Strengthening CapabilitiesStrengthening CapabilitiesPT Ancora Indonesia Resources, TbkEquity Tower, 41st Floor Suite BSudirman Central Business District (SCBD)Jl. Jend. Sudirman Kav. 52-53, Lot 9Jakarta 12190Indonesia2016Laporan TahunanAnnual ReportStrengtheningCapabilities
Daftar IsiContens467810Sekilas Ancora Ancora at a Glance14Sertifikat dan PenghargaanCertifications and Appreciations1618Ikhtisar Keuangan Financial HighlightsVisi & Filosofi Vision & PhilosophyStruktur Perusahaan Company StructureJejak Langkah MilestonesPeristiwa Penting 2016 2016 Event HighlightsIkhtisar Saham Stock Highlights21Informasi Mengenai PemegangSaham UtamaInformation Regarding the Ultimate BeneficalOwner of the Company22Informasi bagi Pemegang Saham mengenaiProfesi Penunjang Pasar ModalShareholders Information Regarding CapitalMarket Supporting Professionals25Laporan Komisaris UtamaReport of the President Commissioner33Laporan Direktur UtamaReport of the President Director414260Analisis dan Pembahasan ManajemenManagement Discussion and AnalysisTinjauan Bisnis Business ReviewTinjauan Operasional Operational Review60 PT Multi Nitrotama Kimia (MNK)66 PT Bormindo Nusantara (BN)143Tanggung Jawab Sosial PerusahaanCorporate Social Responsibility157Data PerseroanCorporate Data158Profil Dewan KomisarisPT Ancora Indonesia Resources, TbkPT Ancora Indonesia Resources, TbkBoard of Commissioners’ Profile160Profil DireksiPT Ancora Indonesia Resources, TbkPT Ancora Indonesia Resources, TbkDirectors’ Profile162Profil Direksi PT Multi Nitrotama KimiaPT Multi Nitrotama Kimia Directors’ Profile164Profil Direksi PT Bormindo NusantaraPT Bormindo Nusantara Directors’ Profile165Profil Komite Audit dan Manajemen RisikoThe Audit and Risk Management Committee’sProfile167Profil Komite Nominasi dan RemunerasiThe Nomination and Remuneration Committee’sProfile168Nama dan Alamat Anak PerusahaanName and Address of Subsidiaries169Struktur Organisasi Organization Structure170Tanggung Jawab atas Laporan TahunanResponsibility for Annual Report73Sumber Daya ManusiaHuman Resources171Indeks untuk OJKIndex for OJK87Tata Kelola PerusahaanCorporate Governance189Laporan Keuangan KonsolidasianConsolidated Financial Statements136Laporan Komite Audit dan Manajemen RisikoAudit and Risk Management Committee Report140Laporan Komite Nominasidan RemunerasiNomination and Remuneration CommitteeReport
Tanggung Jawab Sosial PerusahaanCorporate Social ResponsibilityData PerusahaanCorporate DataIndex for OJKIndex for OJKLaporan KeuanganFinancial StatementsStrengtheningCapabilitiesTahun 2016 industri pertambangan masihmengalami gejolak berkepanjangan, dansituasi bertambah sulit ketika harga minyakmentah dunia terus menurun. Menghadapikondisi ini, Perseroan memperkuat kapabilitasdalam menyediakan layanan total terpadudidukung pabrik detonator yang baru, sertamempertahankan posisi sebagai salah satupemain penting di industri jasa pengeboran darat.Langkah-langkah memperkuat kapabilitas inimenjadi landasan yang kuat untuk menjaminkeberlanjutan bisnis PerseroanIn 2016, the mining industry was still experiencinga prolonged fluctuation, and the situation gotworsened with the declining of world crude oil prices.In the face of such an unfavorable conditions, theCompany strengthened its capability in providing totalintegrated services, supported by the new detonatorplant, and also maintaining its position as key playerin onshore drilling services industry.Such measures in strengthening capabilitieshas become a solid foundation to ensure thesustainability of the Company’s businessANCORA INDONESIA RESOURCES 2016 ANNUAL REPORT1
Laporan BisnisBusiness ReportAnalisis Dan Pembahasan ManajemenManagement Discussion and AnalysisSumber Daya ManusiaHuman ResourcesTata Kelola PerusahaanCorporate Governance Report2016Kinerja danPencapaianPerformance and AchievementLandasan kuat untuk kemajuanPerseroan di masa depan adalahkeberhasilan mengatasi berbagaitantangan yang dihadapi dewasa ini.Selain mengurangi realisasi kerugianakibat penurunan bisnis industripertambangan dan migas saat ini,Perseroan terus mengembangkankapabilitas penunjang untukmemperluas peluang pertumbuhandi masa depan, dalam rangkamerealisasikan visi untuk menjadi salahsatu perusahaan terkemuka dalambidang sumber daya alam di Indonesia.The Company’s success in coping with the currentchallenges is a strong foundation for the Company’sfuture progress. Besides reducing the losses due tothe decline of current mining, oil and gas industry, theCompany continues to develop support capabilitiesto expand its growth opportunities in the future,in order to realize the vision to become one of theleading companies in the field of natural resources inIndonesia.2ANCORA INDONESIA RESOURCES LAPORAN TAHUNAN 2016
Tanggung Jawab Sosial PerusahaanCorporate Social ResponsibilityData PerusahaanCorporate DataIndex for OJKIndex for OJKLaporan KeuanganFinancial StatementsANCORA INDONESIA RESOURCES 2016 ANNUAL REPORT3
Laporan BisnisBusiness ReportAnalisis Dan Pembahasan ManajemenManagement Discussion and AnalysisSumber Daya ManusiaHuman ResourcesTata Kelola PerusahaanCorporate Governance ReportSekilas AncoraAncora at a GlanceAncora Indonesia Resources adalah perusahaan sumber daya alam terdiversifikasidengan fokus di Indonesia. Saat ini kami aktif di sektor pertambangan melaluianak perusahaan, PT Multi Nitrotama Kimia sebagai penyedia jasa peledakan danbahan peledak pertambangan (amonium nitrat) terkemuka, serta di sektor migasmelalui PT Bormindo Nusantara sebagai penyedia jasa pengeboran minyak dangas darat (onshore) di Indonesia.Ancora Indonesia Resources is a diversified natural resources company focusing onIndonesia. We are currently active in the mining sector through our subsidiary,PT Multi Nitrotama Kimia, who is the market leader in Indonesia for mining explosives(ammonium nitrate), and also in the oil & gas sector through PT Bormindo Nusantara,who provides onshore drilling rig services to oil & gas operators in Indonesia.Perseroan didirikan pada tanggal 15 September 2003dengan nama PT Okansa Persada dan mencatatkansahamnya di Bursa Efek Surabaya pada tanggal 29 Maret2006.4ANCORA INDONESIA RESOURCES LAPORAN TAHUNAN 2016The Company was established on 15 September 2003under the name PT Okansa Persada and went public andlisted at the Surabaya Stock Exchange on 29 March 2006.
Tanggung Jawab Sosial PerusahaanCorporate Social ResponsibilityData PerusahaanCorporate DataIndex for OJKIndex for OJKLaporan KeuanganFinancial StatementsKegiatan usaha Perseroan antara lain adalahpertambangan, perdagangan, pengangkutan dan jasayang dijalankan melalui anak perusahaan Perseroan.The Company’s business activities include mining, trade,transport and services which conducted through theCompany’s subsidiaries.Pada tanggal 19 Desember 2007, Perseroan mengubahnamanya menjadi PT TD Resources, Tbk agar lebihmencerminkan kegiatan usahanya yang bergerak disektor sumber daya alam. Selain itu, pemegang sahampengendali Perseroan juga sepakat untuk melepaskankepemilikan mayoritas di PT TD Resources, Tbk kepadaPT Ancora Resources, sebuah perusahaan induk yangutamanya berinvestasi dalam bidang sumber daya alamdi Indonesia.On 19 December 2007 the Company changed its name toPT TD Resources, Tbk to reflect its business activities inthe field of natural resources. Furthermore, the primaryshareholder agreed to relinquish their majority stake toPT Ancora Resources, a holding company with a primaryinvestment in Indonesia’s natural resource ng pertumbuhan melalui akuisisi. Pada tanggal13 Oktober 2008 PT TD Resources, Tbk mengambil alih40% saham PT Multi Nitrotama Kimia (MNK), sebuahperusahan penyedia jasa peledakan dan bahan peledakpertambangan terkemuka di Indonesia.The Company’s intent is to develop growth opportunitiesthrough acquisitions. On 13 October 2008 PT TDResources, Tbk acquired 40% shares of PT Multi NitrotamaKimia (MNK), a leader in Indonesia’s mining industry forblasting services and explosive materials.Pada tanggal 6 November 2008, dengan persetujuanpemegang saham, PT TD Resources, Tbk berubah namamenjadi PT Ancora Indonesia Resources, Tbk danmenempatkan Perseroan sebagai anak perusahaan PTAncora Resources yang bertanggung jawab atas kegiataninvestasi serta pengembangan portofolio usaha sumberdaya alam di Indonesia.Upon the approval of the shareholders of PT TDResources, Tbk, on 6 November 2008 the Companychanged its name to PT Ancora Indonesia Resources,Tbk, effectively placing the Company as a subsidiary ofPT Ancora Resources, which engaged in all investmentactivities as well as portfolio development of Indonesia’snatural resource business.Kemudian, pada bulan Juni 2009, Perseroan mendirikanPT Ancora Shipping, yang merupakan perusahaanperkapalan yang direncanakan menjadi salah satupendukung bagi bisnis lain di dalam Perseroan. PendirianPT Ancora Shipping juga dilakukan untuk mendapatkanmanfaat dari pemberlakuan azas cabotage dalamUndang-Undang Pelayaran di tahun 2010.On June 2009, the Company established PT AncoraShipping, a shipping company planned to be one ofthe supporting services to other businesses within theCompany. In addition, the establishment of PT AncoraShipping was to benefit from the implementation ofcabotage principle in the 2010 Shipping Law.Perseroan terus melakukan ekspansi dengan kembalimengakuisisi 60% kepemilikan saham PT BormindoNusantara (BN) pada bulan November 2009. BNmerupakan perusahaan penyedia jasa pengeboranminyak dan gas darat. Selain itu, pada bulan Desember2009 kepemilikan saham Perseroan di MNK ditingkatkandari 40% menjadi 50%.The Company further pursue expansion by acquiring 60%shares of PT Bormindo Nusantara (BN) on November2009. BN is a company that provides on-shore drillingservices for oil and gas. Moreover, the Company alsoincreased its ownership shares in MNK from 40% to 50%in December 2009.Berbagai perkembangan tersebut merupakan langkahawal Perseroan dalam membangun pijakan pada sektorsektor usaha di bidang migas, pertambangan dan energidi Indonesia. Keberhasilan mengatasi beragam tantanganyang dihadapi oleh Perseroan akan menjadi landasanyang kuat bagi kemajuan Perseroan di masa depan. Selainmengembangkan peluang pertumbuhan dari berbagaiakuisisi, Perseroan akan terus mengembangkan sertamenguasai pijakan usaha lainnya untuk pertumbuhan dimasa depan dalam rangka merealisasikan visinya untukmenjadi salah satu perusahaan terkemuka dalam bidangsumber daya alam di Indonesia.The developments previously mentioned were theinitial steps taken by the Company to enroot a strongfoothold in businesses at the oil & gas, mining, andenergy sector in Indonesia. The success in coping withvarious challenges faced by the Company would be astrong fundamental for the future growths. Aside fromdeveloping growth through multiple acquisitions, theCompany will continuously expand and acquire a diverserange of businesses in order to realize the Company’svision in becoming the pre-eminent natural resourcecompany in Indonesia.ANCORA INDONESIA RESOURCES 2016 ANNUAL REPORT5
Laporan BisnisBusiness ReportAnalisis Dan Pembahasan ManajemenManagement Discussion and AnalysisSumber Daya ManusiaHuman ResourcesTata Kelola PerusahaanCorporate Governance ReportVisi & FilosofiVision & PhilosophyVisiPerseroanCompany’s VisionMenjadi salah satu perusahaan terkemuka dalam bidangsumber daya alam di Indonesia dan dapat menciptakannilai yang maksimal dan berkesinambungan bagi parapemegang saham dan pemangku kepentingan.To become one of the pre-eminent natural resources companyin Indonesia and create maximum and sustainable shareholdervalue and stakeholder.Filosofi PerseroanCompany’s PhilosophyKami mendasarkan pada filosofi dasar, yang menjadikerangka dan memandu setiap aspek dalam bisnis:We are defined by our underlying philosophy, which framesand guides every aspect of our business: Produk dan Layanan yang UnggulKami memberikan solusi luar biasa yang menciptakannilai bagi pelanggan kami. Great Product and ServicesWe provide exceptional solutions that create value forour customers. Sumber Daya Manusia yang UnggulSumber Daya Manusia merupakan aset terbesar kami kami menginspirasi dan mengembangkan orang-orangyang luar biasa. Great PeopleOur human capital is our greatest asset - we inspire anddevelop exceptional people. Budaya Berorientasi Hasil KinerjaBudaya kami menghargai prestasi dan menempatkankepatutan dan kompetensi di atas jabatan dan senioritas. Performance-oriented CultureWe are a culture that recognizes performance and placesmerit and competence above rank and seniority. Tata Kelola Perusahaan yang BaikKami bercita-cita untuk menjunjung tinggi standartertinggi tata kelola perusahaan didukung oleh budayaperusahaan yang kuat berdasarkan profesionalisme,perbaikan terus-menerus dan integritas. Good Corporate GovernanceWe aspire to and uphold the highest standards ofcorporate governance supported by strong corporateculture based on professionalism, continuousimprovement and integrity. Pemimpin dalam CSRKami memperbaiki dan mengubah kehidupan banyakorang melalui program Tanggung Jawab SosialPerusahaan yang dititikberatkan pada pendidikan danpengembangan. Leaders in CSRWe make a difference in people’s lives through ourCorporate Social Responsibility programs that center oneducation and empowerment.Visi misi dan filosofi Perseroan tersebut di atas telahdisetujui oleh Direksi Perseroan pada bulan Februari 2010dan telah diperbaharui dan disetujui kembali pada tanggal 1Desember 2015.The above Company’s vision, mission and philosophy hasbeen approved by the Board of Directors on February 2010and has been updated and approved on 1 December 2015.6ANCORA INDONESIA RESOURCES LAPORAN TAHUNAN 2016
Tanggung Jawab Sosial PerusahaanCorporate Social ResponsibilityData PerusahaanCorporate DataIndex for OJKIndex for OJKLaporan KeuanganFinancial StatementsStruktur PerusahaanCompany StructurePT ANCORA INDONESIA RESOURCES, TbkSektor PertambanganMining Sector*Sektor Minyak danGas BumiOil and Gas SectorSektor PenunjangLogistic SectorPT Multi NitrotamaKimiaPT AncoraIndonesia Mining*PT BormindoNusantaraPT AncoraShipping**50%99,6%60%99,8%Total Aset Total AssetUSD111.951.945Total Aset Total AssetUSD10.618Total Aset Total AssetUSD54.092.182Total Aset Total AssetUSD120PT Ancora Indonesia Mining didirikan pada tanggal7 Januari 2011 dan sampai saat ini belum beroperasisecara komersial.PT Ancora Indonesia Mining was established on7 January 2011 and up to now has not commencedcommercial operations.** Sepanjang tahun 2012-2016, PT Ancora Shipping tidakmelakukan kagiatan operasional.During the year 2012-2016, PT Ancora Shipping notperform operational activities.ANCORA INDONESIA RESOURCES 2016 ANNUAL REPORT7
Laporan BisnisBusiness ReportAnalisis Dan Pembahasan ManajemenManagement Discussion and AnalysisSumber Daya ManusiaHuman ResourcesTata Kelola PerusahaanCorporate Governance ReportJejak LangkahMilestonesDesemberSeptemberMaretPerseroan didirikan dengan namaPT Okansa Persada.Perseroan menjadi perusahaanterbuka.20032006Perseroan berubah nama menjadiPT TD Resources, Tbk untukmerefleksikan dengan tujuan bisnisutama.2007SeptemberMarchDecemberThe Company was established underthe name of PT Okansa Persada.The Company became a public listedcompany.The Company changed the nameinto PT TD Resources, Tbk to reflectits core business.8ANCORA INDONESIA RESOURCES LAPORAN TAHUNAN 2016
Tanggung Jawab Sosial PerusahaanCorporate Social ResponsibilityData PerusahaanCorporate DataIndex for OJKIndex for OJKLaporan KeuanganFinancial StatementsJuniJuniPT Ancora Resources menjadipemegang saham utamaPT TD Resources, Tbk.Oktober Perseroan melakukanRight Issue I. Perseroan memperoleh 40%saham pada PT Multi NitrotamaKimia.NovemberPerseroan berubah nama menjadiPT Ancora Indonesia Resources, Tbk.Perseroan MendirikanPT Ancora Shipping.OktoberPerseroan melakukan Right Issue II.NovemberPerseroan memperoleh 60% sahampada PT Bormindo Nusantara.DesemberPerseroan memperoleh tambahansaham pada PT Multi NitrotamaKimia sehingga kepemilikanperseroan menjadi 50%.2008JanuariPerseroan mendirikan PT AncoraIndonesia Mining.2009JuneJuneJanuaryPT Ancora Resources becamemajority shareholder of PT TDResources, Tbk.The Company establishedPT Ancora Shipping.The Company established PT AncoraIndonesia Mining.OctoberThe Company exercised 2nd RightIssue. The Company exercised 1st RightIssue.The Company acquired 40% shareof PT Multi Nitrotama Kimia.OctoberNovemberThe Company acquired 60% sharesof PT Bormindo Nusantara.NovemberDecemberThe Company changed its name toPT Ancora Indonesia Resources, Tbk.The Company acquired additionalshares of PT Multi Nitrotama Kimiato 50%.ANCORA INDONESIA RESOURCES 2016 ANNUAL REPORT9
Laporan BisnisBusiness ReportAnalisis Dan Pembahasan ManajemenManagement Discussion and AnalysisSumber Daya ManusiaHuman ResourcesTata Kelola PerusahaanCorporate Governance ReportPeristiwa Penting 20162016 Event HighlightsPT Ancora Indonesia Resources, Tbk.16 November 201622 Juni 20168 Desember 2016Pelaksanaan Rapat Umum Pemegang Saham Tahunan(“RUPS Tahunan”) terkait dengan agenda antara lainmengenai Persetujuan Laporan Tahunan Perseroan untuktahun buku 2015 dan Rapat Umum Pemegang SahamLuar Biasa (“RUPSLB”) terkait dengan agenda antaralain mengenai penambahan jumlah fasilitas pinjamanPerseroan kepada PT Multi Berkat Energi (dahulu PT AncoraResources) selaku pemegang saham utama Perseroan.Pelaksanaan Paparan Publik Tahunan,dengan agenda pembahasan mengenai:22 June 20168 December 2016Implementation of the Annual General Meeting ofShareholders (“Annual General Meeting”) related to theagenda among others the approval of the Annual Reportfor the financial year 2015 and the Extraordinary GeneralMeeting Shareholders (“EGM”) related to the agendaamong others, the approval to increase the number of theCompany’s loan facility to PT Multi Berkat Energi (formerlyPT Ancora Resources) as the majority shareholder of theCompany.Implementation of the Annual Public Exposewith the agenda as follows:10ANCORA INDONESIA RESOURCES LAPORAN TAHUNAN 20161. Kinerja Konsolidasi AIR;2. Kinerja Keuangan AIR dan anakperusahaan, yaitu MNK dan BN; dan3. Outlook AIR untuk tahun 2017.1. Consolidated Performance AIR;2. Financial Performance AIR and itssubsidiaries, namely MNK and BN; and3. AIR Outlook for 2017.
Tanggung Jawab Sosial PerusahaanCorporate Social ResponsibilityData PerusahaanCorporate DataIndex for OJKIndex for OJKLaporan KeuanganFinancial StatementsPT Multi Nitrotama Kimia17 Maret 201610 April 201617 March 201614 Maret 201617 Maret 201610 April 2016Bapak Wawa Jaka Sungkawa yang menjabatDirector of Sales & Marketing mulaibertugas di PT MNK, setelah hampir satutahun jabatan Director of Sales & Marketingdirangkap jabatan oleh Presiden DirekturPT MNK.Pelaksanaan Rapat Umum Pemegang Saham (“RUPS”)PT MNK, bertempat di Ancora (Ruang Meeting-Bethoven)Equity Tower lantai 41, Jakarta dan dihadiri oleh 3Pemegang Saham PT MNK (Ancora, Yayasan Dakab,PT Pupuk Kujang), Komisaris dan Jajaran Direksi PT MNK.Syukuran Hari Ulang TahunPT MNK ke 29 sekaligus acaralepas sambut CorporateServices Director - DalyMulyana dan ManufacturingDirektor - Hadi Wiyono diAula CO PT MNK Cikampek.Penggantian Corporate Services Director PT MNK yangsemula dijabat oleh Daly Mulyana digantikan oleh AdhiSusetyo, dan Manufacturing Director yang semula dijabatoleh Hadi Wiyono digantikan oleh Cucuk Salahudin.14 March 201617 March 201610 April 2016Mr. Wawa Jaka Sungkawa served as Directorof Sales & Marketing starting his job in PTMNK, after nearly a year position of Directorof Sales & Marketing concurrently by thePresident Director of PT MNK.17 March 2016Celebration 29th year ofPT MNK and farewell eventof the Corporate ServicesDirector – Mr. Daly Mulyanaand Manufacturing Director –Mr Hadi Wiyono at CO Hall ofPT
Laporan Tahunan 2016 Annual Report Strengthening Capabilities Strengthening Capabilities Strengthening Capabilities Laporan Tahunan 2016 Annual Report Laporan Tahunan Annual Report 2016 PT Ancora Indonesia Resources, Tbk Equity Tower, 41st Floor Suite B Sudirman Central Business District (SCBD) Jl. Jend. Sudirman Kav. 52-53, Lot 9 Jakarta 12190 .
Get dataset D t {(s t,π*(s t))} D Aggregate dataset D D D t Train classifier π i ̂ 1 on D p̂t π θ(y1 set t s t) π θ(y t 2 s t) draw Bernoulli variable Z t 1 of parameter b b p̂t if Z t π i for t 1to T * After completing his Ph.D., Ellis worked at Bell Labs from 1969 to 1972 on probability theory. Name Entity .
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Direktori Perbankan Indonesia 2017 Indonesia Banking Directory 2017 Daftar isi 1. BANGKOK BANK PCL 6 2. BANK OF AMERICA, N.A 6 3. BANK OF CHINA LIMITED 6 4. CITIBANK, N.A. 7 5. DEUTSCHE BANK AG 7 6. JP MORGAN CHASE BANK, NA 7 7. PT BANK AGRIS, Tbk 8 8. PT BANK ANDARA 8 9. PT BANK ANZ INDONESIA 8 10. PT BANK ARTHA GRAHA INTERNASIONAL, Tbk 9 11.
In Abrasive Jet Machining (AJM), abrasive particles are made to impinge on the work material at a high velocity. The jet of abrasive particles is carried by carrier gas or air. High velocity stream of abrasive is generated by converting the pressure energy of the carrier gas or air to its kinetic energy and hence high velocity jet. Nozzle directs the abrasive jet in a controlled manner onto .
