innovative, brave, prudent - kino indonesia 2020-04-20آ  brave, prudent “innovative, brave,...

INNOVATIVE, BRAVE, PRUDENT

Laporan Tahunan Annual Report 2019

Laporan Tahunan 2019 PT Kino Indonesia Tbk (yang selanjutnya

disebut Kino atau Perseroan) ini disusun untuk memenuhi

ketentuan pelaporan hasil kinerja Perseroan pada periode

1 Januari 2019 sampai dengan 31 Desember 2019 kepada

regulator. Laporan Tahunan ini antara lain disusun berdasarkan

Peraturan Otoritas Jasa Keuangan No. 29/POJK.04/2016 tentang

Laporan Tahunan Emiten atau Perusahaan Publik dengan

konten sesuai Surat Edaran Otoritas Jasa Keuangan No. 30/

SEOJK.04/2016 tentang Bentuk dan Isi Laporan Tahunan Emiten

atau Perusahaan Publik.

Laporan Tahunan ini memuat pernyataan terkait tujuan, kebijakan,

rencana, strategi, serta hasil operasi dan keuangan yang disusun

berdasarkan data faktual yang dapat dipertanggungjawabkan

kebenarannya. Selain itu, Laporan Tahunan ini juga menyajikan

informasi terkait proyeksi kerja Perseroan di tahun selanjutnya

yang disusun berdasarkan pernyataan-pernyataan prospektif dan

berbagai asumsi mengenai kondisi mendatang Perseroan, serta

lingkungan bisnis yang terkait, sehingga dapat mengakibatkan

perkembangan aktual secara material berbeda dari yang

dilaporkan. Oleh karena itu, Perseroan menghimbau agar

pemangku kepentingan dapat menggunakan informasi tersebut

secara bijak dalam pengambilan keputusan.

Sanggahan dan Batasan Tanggung Jawab Disclaimer and Limit of Liabilities

The 2019 Annual Report of PT Kino Indonesia Tbk (hereinafter

referred to as Kino or Company) is prepared to meet the reporting

provisions of the Company’s performance result for the period of

1 January 2019 to 31 December 2019 to the Regulators. This

Annual Report is prepared based on, among others, Financial

Services Authority Regulation No. 29/POJK.04/2016 on Annual

Report of Issuers or Public Companies with the contents in

accordance with the Circular Letter of Financial Services Authority

No. 30/SEOJK.04/2016 on the Form and Contents of Annual

Report of Issuers or Public Companies.

This Annual Report contains statements related to objectives,

policies, plans, strategies, as well as operational and financial

results compiled based on factual data whose authenticity

can be justified. Additionally, this Annual Report also presents

information pertaining to Company’s work projections for the

coming year that is compiled based on prospective statements and

various assumptions on the Company’s future conditions, as well

as related business environment, and therefore may lead to actual

developments that materially differ from what was reported.

Therefore, the Company made an appeal to stakeholders to use

the information wisely in making decisions.

Aspek Operasional Operational Aspect

Tata Kelola Perusahaan Corporate Governance

Tanggung Jawab Sosial Perusahaan Corporate Social Responsibility

1 PT KINO INDONESIA TBK | LAPORAN TAHUNAN 2019 ANNUAL REPORT

Innovative, Brave, Prudent

“Innovative, Brave, Prudent” menggambarkan karakteristik, strategi, dan aspek utama yang ditempuh

Perseroan di tahun 2019. Inovasi utama dilakukan melalui peluncuran produk pasta gigi halal Sasha

yang berbahan dasar siwak serta penyesuaian kemasan dan ukuran produk agar dapat dengan

mudah digunakan oleh seluruh lapisan masyarakat. Perseroan juga telah mengambil langkah berani

untuk mengakusisi sepenuhnya Linanda Consumer India Pvt Ltd dalam rangka memperluas pasar

bisnis di dunia internasional. Seluruh tindakan tersebut dilakukan dengan dasar pertimbangan yang

benar, dapat dipertanggungjawabkan, dan menggunakan prinsip kehati-hatian sehingga keputusan

saat ini dapat memberikan manfaat bagi keberlanjutan usaha Perseroan.

“Innovative, Brave, Prudent” illustrates the characteristics, strategies, and main aspects pursued

by the Company in 2019. The main innovation is carried out through the launch of Sasha halal

toothpaste that made from siwak and adjustment of the packaging and product size to be able to

easily used by all walks of life. The Company has also taken bold steps to completely acquire Linanda

Consumer India Pvt Ltd in order to expand the business market internationally. All of these actions are

taken based on correct considerations, can be accounted for, and use the precautionary principle so

that these current decisions can benefit the Company's business sustainability.

Sekilas Kinerja Perusahaan Overview of Company Performance

Laporan Manajemen Management Reports

Profil Perusahaan Company Profile

Analisis dan Pembahasan Manajemen Management Discussion and Analysis

2 PT KINO INDONESIA TBK | LAPORAN TAHUNAN 2019 ANNUAL REPORT

Daftar Isi Table of Content

8 Identitas Perusahaan Corporate Identity

10 Jejak Langkah Milestones

12 Ikhtisar Keuangan Financial Highlights

15 Ikhtisar Operasional Operational Highlights

16 Informasi Penerbitan Obligasi dan Efek Lainnya Information on Bonds and Other Securities Issuance

16 Ikhtisar Saham Shares Highlights

17 Aksi Korporasi dan Aktivitas Perdagangan Saham 2019 Corporate Actions and Stock Trading Activities in 2019

18 Peristiwa Penting Important Events

19 Penghargaan dan Sertifikasi Awards and Certifications

26 Laporan Dewan Komisaris Report of the Board of Commissioners

30 Laporan Direksi Report of the Board of Directors

35 Tanggung Jawab Laporan Tahunan Statement of Accountability of Annual Report

Kilas Kinerja Performance Highlight 6

Laporan Manajemen Management's Reports

24 Profil Perusahaan Company Profile

36

38 Riwayat Singkat Brief History

42 Visi dan Misi Vision and Mission

42 Motto Perusahaan Company's Motto

43 Budaya Perusahaan Corporate Culture

44 Kegiatan Usaha Business Activities

45 Produk dan Jasa Products and Services

46 Wilayah Operasional Operational Areas

50 Struktur Organisasi Organization Structure

52 Profil Dewan Komisaris Board of Commissioners’ Profile

56 Profil Direksi Board of Directors’ Profile

Sanggahan dan Batasan Tanggung Jawab Disclaimer and Limit of Liabilities

1 Tema dan Arti Tema Theme and Theme Meaning

2 Daftar Isi Table of Content

Aspek Operasional Operational Aspect

Tata Kelola Perusahaan Corporate Governance

Tanggung Jawab Sosial Perusahaan Corporate Social Responsibility

3 PT KINO INDONESIA TBK | LAPORAN TAHUNAN 2019 ANNUAL REPORT

Analisis dan Pembahasan Manajemen Analysis and Discussion on Mmanagement

76

78 Tinjauan Ekonomi Economic Overview

79 Tinjauan Industri Industrial Overview

80 Tinjauan Operasional Operational Overview

87 Aspek Pemasaran Marketing Aspect

88 Tinjauan Keuangan Financial Overview

88 Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian Consolidated Statements of Profit or Loss and Other Comprehensive Income

62 Profil Komite Audit Audit Committee's Profile

64 Profil Komite Nominasi dan Remunerasi Nomination and Remuneration Committee's Profile

65 Profil Sekretaris Perusahaan Corporate Secretary Profile

65 Profil Kepala Audit Internal Head of Internal Audit Profile

66 Komposisi Pemegang Saham Shareholders Composition

68 Struktur Korporasi Corporate Structure

68 Kronologi Pencatatan Saham Chronology of Share Listing

69 Entitas Anak dan Entitas Asosiasi Subsidiary and Associated Entity

74 Lembaga Penunjang Pasar Modal Capital Market Supporting Institutions

75 Akses Informasi Information Access

100 Transaksi Material yang Mengandung Benturan Kepentingan atau Transaksi dengan Pihak Afiliasi Material Transactions Containing Conflict of Interest or Transaction with Affiliated Party

101 Perbandingan Target dan Realisasi 2019 Comparison of Target and Realization 2019

101 Prospek Usaha Business Prospects

101 Pengembangan Usaha Tahun 2020 Business Development in 2020

102 Proyeksi Tahun 2020 Projections for 2020

102 Perubahan Kebijakan Akuntansi Amendments of Accounting Policies

103 Perubahan Peraturan Perundang- undangan yang Berdampak Signifikan Terhadap Perusahaan Amendments to Laws and Regulations that Significantly Impact the Company

103 Informasi Material Setelah Tanggal Laporan Keuangan Material Information Subsequent to the Financial Reporting Date

91 Laporan Posisi Keuangan Konsolidasian Consolidated Statement of Financial Position

94 Laporan Arus Kas Konsolidasian Consolidated Statements of Cash Flows

94 Rasio Keuangan Financial Ratios

97 Struktur Modal dan Kebijakan Manajemen Capital Structure and Management Policy

97 Realisasi Penggunaan Dana Hasil Penawaran Umum Realization of Use of Public Offering Proceeds

98 Kebijakan dan Pembagian Dividen Dividend Policy and Distribution

99 Investasi Barang Modal Capital Goods Investment

99 Ikatan Material Terkait Investasi Barang Modal Material Commitments Related to Capital Goods Investment

100 Informasi Material Terkait Investasi, Ekspansi, Divestasi, Penggabungan/ Peleburan Usaha, Akuisisi, Restrukturisas