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20250630_SCMA_Informasi Transaksi Afiliasi_31909934_lamp3.pdf
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PT SURYA CITRA MEDIA Tbk
(the “Company”)
DISCLOSURE OF INFORMATION
IN CONNECTION WITH AN AFFILIATED TRANSACTION
Business Activities:
Engaged in the service sector (provision and utilization of multimedia through telecommunications
devices, media consultation, management and administration, content production house, animation,
online media, entertainment, film, music, investment, and investment as well as participation in other
companies), and trading through the Company’s subsidiaries
Head Office:
SCTV Tower, Senayan City 18th Floor,
Jl. Asia Afrika Lot. 19
Central Jakarta 10270 – Indonesia
Telephone: +62 21 2793 5599
Fax: +62 21 2793 5598
E-mail: corsec@scm.co.id
Website: www.scm.co.id
This Disclosure of Information is submitted to comply with the provisions of the Financial Services
Authority Regulation No. 31/POJK.04/2015 of 2015 concerning Disclosure on Material Information or
Facts by Issuers or Public Companies, and Financial Services Authority Regulation No. 42/POJK.04/2020
of 2020 concerning Affiliated Transactions and Conflict of Interest Transactions.
This Disclosure of Information is addressed to the Company’s shareholders in connection with the
implementation of an Affiliated Transaction involving PT Indosurya Menara Bersama and the Company’s
Subsidiary Entity, as described herein.
The Board of Commissioners and the Board of Directors of the Company, both individually and
collectively, are fully responsible for the completeness and accuracy of all material information or facts
contained in this Disclosure of Information and affirm that the information provided in this Disclosure of
Information is correct and that there are no material facts that have been omitted that could make the
material information in this Disclosure of Information false and/or misleading.
This Disclosure of Information is issued on June 30, 2025
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DEFINITIONS Affiliate defined as set forth by article 1 of the Capital Market Law or as set forth by article 1 of POJK 42/2020. Subsidiary refers to a company whose financial statements are consolidated with the Company’s financial statements in accordance with the applicable Indonesian Financial Accounting Standards. ISMB means PT Indosurya Menara Bersama, a limited liability company whose shares are directly owned by the Company's controlling shareholder. IVM means PT Indosiar Visual Mandiri, a limited liability company whose shares are directly owned by the Company. KJPP means Public Appraisal Service Office. Valuation Report means the valuation report prepared and submitted by KJPP for the Transaction to be undertaken by the Company as described in this Disclosure of Information. Fairness Opinion Report means the fairness opinion report prepared and submitted by KJPP regarding the Transaction. Transaction Object refers to a parcel of land located in the Special Region of Jakarta, West Jakarta Municipality, Kembangan District, Joglo Subdistrict, with a total area of 4,790 m² based on Right to Build Certificate (SHGB) No. 2979, including all structures, fixtures, and improvements situated or affixed on the land which, by nature, purpose, and by law, are considered immovable property, excluding any broadcast towers, antennas, and their related equipment. Transaction has the meaning as defined in Article II, Letter A of this Disclosure of Information. POJK 42/2020 means Financial Services Authority Regulation No. 42/POJK.04/2020 concerning Affiliated Transactions and Conflict of Interest Transactions. Capital Market Law means Law number 8 of 1995 on the Capital Market as amended by Law number 4 of 2023 on the Development and Strengthening of the Financial Sector INTRODUCTION This Disclosure of Information presents information on the sale and purchase transaction of the Transaction Object between IVM as purchaser and ISMB as seller, pursuant to the Land Sale and Purchase Deed dated June 26, 2025. Details and transaction value are described in Article II of this Disclosure of Information. This Disclosure of Information is prepared in compliance with POJK 42/2020, which requires public disclosure for certain affiliated transactions entered by the Company and/or its controlled entities. The sale and purchase constitute an affiliated transaction due to the existence of an affiliate relationship (as defined under the Capital Market Law and POJK 42/2020) between IVM and ISMB, which are affiliated entities of the Company. The details regarding the affiliation between IVM and ISMB are further elaborated in Article I of this Disclosure of Information The Transaction does not constitute a material transaction under Financial Services Authority Regulation No. 17/POJK.04/2020 concerning Material Transactions and Changes in Business Activities. This Transaction does not supposed to potentially disrupt the Company’s business continuity. The Company has complied with procedures to ensure the Transaction was conducted in accordance with generally accepted business practices.
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Based on the statements from the Board of Directors and Board of Commissioners of the Company, the
Transaction does not involve any conflict of interest as defined under POJK 42/2020.
I. DESCRIPTION OF THE PARTIES TO THE TRANSACTION
A. The Parties to The Transaction
PT Indosiar Visual Mandiri (“IVM”)
Brief History
IVM is a limited liability company engaged in information and communication services, including
private television broadcasting and programming activities. The company is located at Jl. Damai
No. 11, Duri Kepa, Kebon Jeruk, West Jakarta 11510. IVM’s shares are directly owned by the
Company.
Shareholding Composition
Shareholder Ownership Percentage
PT Surya Citra Media Tbk 99,99%
Other Shareholders 0,01%
Composition of the Board of Directors and the Board of Commissioners
Board of Commissioners:
- President Commissioner : Suryani Zaini
- Commissioner : Mohammad Jusuf Hamka
- Commissioner : Susanto Suwarto
- Commissioner : Franciscus Welirang
- Commissioner : Sutiana Ali
Board of Directors:
- President Director : Drs. Imam Sudjarwo
- Director : Rusmiyati Djajaseputra
PT Indosurya Menara Bersama (“ISMB”)
Brief History
ISMB is a limited liability company engaged in the owned or leased real estate activities. The
company is located at Menara Batavia, 5th Floor, Jl. KH Mas Mansyur No. 126, Karet Tengsin,
Tanah Abang, Central Jakarta. ISMB’s shares are directly owned by the Company’s controlling
shareholder.
Shareholding Composition
Shareholder Ownreship Percentage
PT Elang Mahkota Teknologi Tbk. 60%
Other Shareholders 40%
Composition of the Board of Directors and the Board of Commissioners
Board of Commissioners:
- President Commissioner : Andya Daniswara
- Vice President Commissioner : Hodini Hutama
- Commissioner : Sunarsih
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Board of Directors:
- President Director : Drs. Imam Sudjarwo
- Vice President Director : Santoso Tandio
- Director : Ir. Rachmat Akbari
II. DESCRIPTION OF THE TRANSACTION
A. Description of the Affiliated Transaction
On June 11, 2025, ISMB and IVM have entered into a conditional sale and purchase agreement
concerning the Transaction Object, with IVM as the purchaser and ISMB as the seller. The
transaction was then concluded through the excecution of the Land Sale and Purchase Deed
dated June 26, 2025, with a transaction value of IDR 48,413,000,000 (forty-eight billion four
hundred thirteen million Rupiah) (the “Transaction”).
Up to before the conclusion of the Transaction, the Transaction Object is being used by IVM as
the location of one of its television broadcast tower facilities. However, the land was still legally
owned by ISMB and has been utilized by IVM under a lease arrangement. By the conclusion of
the Transaction, IVM will obtain direct ownership of the Transaction Object, eliminating the
need for future lease payments to ISMB.
The above transfer of ownership ensures a long-term operational certainty and guarantee for
IVM, as future expenses will be limited to depreciation and annual maintenance, without the
risk of lease price escalation or the termination or transfer of ownership to third parties. The
broadcast tower which is located over the land is also a strategic component in supporting IVM’s
core broadcasting operations, particularly since Jakarta represents the largest television viewer
base in Indonesia. Prior to the Transaction, IVM did not own any land to support its transmission
towers in Jakarta; thus, this acquisition secures the broadcast infrastructure needed for its core
business operations.
B. Nature of Affiliation Between the Parties
1. ISMB is a limited liability company whose shares are directly owned by the Company’s
controlling shareholder.
2. IVM is a limited liability company whose shares are directly owned by the Company.
3. The President Director of both ISMB and IVM are held by the same individual.
C. Explanation, Consideration, and Rationale for the Excecution of the Transaction Compared to
Similar Transactions with Unaffiliated Parties
The Transaction was not conducted with an independent third party because the television
broadcast tower on the land is already owned and operated by IVM, while the underlying land
and building were leased from ISMB. Considering operational efficiency, location, and IVM’s
long-term needs, Management decided that acquiring the land and building was a more prudent
option than continuing the lease arrangement. Ownership of the Transaction Object allows IVM
greater flexibility in managing, utilizing, and developing the broadcast tower facilities.
III. SUMMARY OF INDEPENDENT APPRAISER’S REPORTS
To ensure the fairness of the Transaction, the Company has appointed an independent appraiser
registered with the Financial Services Authority, namely KJPP Firman Suryantoro Sugeng Suzy
Hartomo & Rekan (“KJPP FAST”), as an independent party to conduct the valuation of the property
and provide a fairness opinion on the Transaction
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The following is a summary of the reports submitted by KJPP FAST through Valuation Report No.
00032/2.0074-00/PI/05/0047/1/VI/2025 dated June 23, 2025 on the valuation of the property
(“Property Valuation Report”) and Fairness Opinion Report No. 00035/2.0074-
00/BS/05/0537/1/VI/2025 dated June 26, 2025 concerning the fairness of the Transaction (“Fairness
Opinion Report”).
Summary of the Property Valuation Report
a) Appraiser
KJPP FAST was appointed by the Company as an independent appraiser to appraise the
Transaction Object based on an approved Engagement Letter No. 005/RAN-SP/FAST-
PST/VI/25 dated June 4, 2025.
b) Valuation Object
The object of valuation is a property owned by ISMB, consisting of land measuring 4,790 m²
and all buildings thereon (excluding the broadcast tower), located at Jl. Joglo Raya No. 70,
RT 04, RW 06, Joglo Subdistrict, Kembangan District, West Jakarta, DKI Jakarta Province.
c) Purpose of Valuation
The purpose of the valuation to the Transaction Object is to provide an opinion on the fair
market value of the Transaction Object as of 31 December 2024, stated in Rupiah, and to
fulfill the Company’s needs in executing the Transaction.
d) Assumptions and Limiting Conditions
a. The nature of the valuation of the Transaction Object is a non-disclaimer opinion.
b. KJPP FAST has reviewed documents used in the valuation process.
c. Data and information obtained were sourced from or validated by Indonesian Society
of Appraisers (“MAPPI”).
d. The valuation report is publicly accessible unless it contains confidential information that
may impact the Company’s operations.
e. KJPP FAST is responsible for the valuation report and the final value conclusion.
f. KJPP FAST has obtained information regarding the legal status of the Transaction Object
from the Company’s management.
e) Valuation Approach and Method
The approach used in the valuation of the Transaction Object is the Cost Approach.
f) Conclusion
Based on the analysis and all the data and information received by KJPP FAST, and by
considering factors that are closely related to the appraisal, the market value of the
Transaction Object as of 31 December 2024 is determined to be IDR 49,302,400,000 (forty-
nine billion three hundred two million four hundred thousand Rupiah).
Summary of the Fairness Opinion Report
a) Appraiser’s Identity
KJPP FAST is a civil partnership engaged in the property and business appraisal services. KJPP
FAST holds a public appraiser license from the Ministry of Finance (No. 2.09.0074 dated
December 8, 2009), and is registered with OJK (No. S-865/BL/2010, dated January 29, 2010).
The responsible public appraiser is Hanandewa, MAPPI (Cert.) with Appraiser License No. B-
1.19.00537, Minister of Finance Registration No. RMK-2017.00801, Letter of Registration of the
Capital Market Supporting Profession (STTD-PM) No. STTD.PB-49/PJ-1/PM.021/2024 (Business
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Appraiser), Letter of Registration of the Non-Bank Financial Industry Supporting Profession
(STTD-IKNB) No. 234/NB.122/STTD P/2022, and has been participated in required training of
the continuous profession development (PPL).
KJPP Fast acts as an independent appraiser in this assignment. KJPP FAST has no material interest
or actual/potential conflict of interest to the appraised object, and the fees received by KJPP
FAST are not contingent upon the outcome of the appraisal.
b) Parties to the Transaction
• IVM, as the buyer of the land and building from ISMB.
• ISMB, as the seller of the land and building to IVM.
c) Transaction Object
The object of this fairness opinion is a 4,790 m² of land and all buildings located at Jl. Joglo
Raya No. 70, Joglo, Kembangan, West Jakarta, based on SHGB No. 2979, currently owned by
ISMB and that will be acquired by IVM.
d) Purpose of the Opinion
To support the execution of the Transaction and fulfill the requirements of POJK 42/2020.
e) Limiting Conditions and Assumptions
Limiting Conditions
In preparing the Fairness Opinion, KJPP FAST based its analysis on financial projections prepared
by the Company’s management. These projections incorporate various assumptions based on
the Company’s past performance and the future plan of the Company’s management. Besides,
various relevant information and suggestions provided by the Company's management in
relation to the changes of every factor during the determined time period were also be
considered.
The following are the key limiting conditions that were assumed by KJPP FAST in the financial
projections used for this Fairness Opinion:
1. No material changes in political, economic, legal, or regulatory conditions that could affect
the Company, the industry, or the region in which the Company operates.
2. No material changes in tax rates, duties, exchange rates, and interest rates beyond what is
projected.
3. No material changes in the Company’s structure, core activities, or principal revenue sources
other than as projected.
4. No material changes in Company management, unless disclosed.
5. No significant disruptions due to labor disputes or other events that could impact operations.
6. No material changes in market conditions or pricing of the Company’s products or services
unless projected.
7. No material changes in cost structures or operating expenses other than as projected.
8. No significant acquisitions of fixed assets beyond those projected.
9. No execptions to the required reserves, unless already projected, for contingent liabilities or
arbitration litigation against threats or vice versa, extraordinary uncollected receivables, and
unfulfilled contracts, or other assets.
10. No material amendments to existing agreements or covenants.
11. The Company’s financial performance during the projection period will be used to support
its business development as forecasted.
12. No significant use of funds or affiliated transactions that could materially affect operations.
13. The Company’s business plan proceeds as projected.
14. The Fairness Opinion is intended solely for the benefit of the Company's management and
other parties directly related to it, in connection with the Transaction, in which such Fairness
Opinion will be to support the management in the process of disclosure of information that
is related to the Transaction, and shall not be used by other Party for other purposes or
reprinted, redistributed, cited, or be referred at any time, by any means or for any purposes
without prior written consent from KJPP FAST. The Fairness Opinion is not a
recommendation to the shareholders to conduct other actions in relation to the Transaction,
and can not be used accordingly by the shareholders.
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15. Events occurring after the date of this Fairness Opinion may significantly impact the
Company’s performance. KJPP FAST is not obligated to update or revise this report due to
events or transactions occurring after the effective date of analysis dated December 31, 2024.
Key Assumptions
In performing the analysis, KJPP FAST assumed and relied on the accuracy and completeness of
all financial information and other information provided to KJPP FAST by the Company or
information that are publicly available, and KJPP FAST did not do and therefore shall not be
responsible to the independent examination to such information. KJPP FAST also relied on the
warranties from the Company's management that they have no knowledge on the facts that may
cause the information provided to KJPP FAST to become incomplete or misleading.
KJPP FAST does not advise on the tax impact of the Transaction. The services provided by KJPP
FAST to the Company in relation to the Transaction is merely a financial evaluation and appraisal
to the fairness (arms-length) of the Transaction, and not an accounting, audit, or tax services.
The work of KJPP FAST that is related to the Transaction is not and can not be interpreted by
any means as a review or audit or the implementation of certain procedures on the financial
information. Such work also can not be intended to reveal the weakness in the internal control,
mistakes, or deviation of a financial report, or a legal violation.
This Fairness Opinion is prepared based on market condition, economic condition, business
general condition, and financial condition, as well as the Government's regulations on the date
this report is issued. In preparing this Fairness Opinion, KJPP FAST also used several other
assumptions, such as the fulfillment of all conditions and obligations of the Company and all
parties involved in the Transaction. The Transaction is conducted as already explained in
accordance with the determined time period, as well as the accuracy of information regarding
the Transaction that have been disclosed by the Company's management.
f) Valuation Methods and Procedures
In preparing the Fairness Opinion on the Transaction, KJPP FAST conducted analysis using the
following approaches:
A. Transaction analysis
B. Qualitative and quantitative assessment of the Transaction
C. Evaluation of the reasonableness of the Transaction value
D. Consideration of other relevant factors.
g) Conclusion
Based on the assignment objectives, scope, data and information used, key assumptions, limiting
conditions, approaches and procedures applied in the fairness analysis, KJPP FAST believes that
the Transaction is fair.
IV. PRO FORMA IMPACT OF THE TRANSACTION ON THE COMPANY’S FINANCIAL CONDITION
The consolidated pro forma financial information is prepared based on the Company’s and its
subsidiaries audited historical consolidated financial statements as of 31 December 2024 and for the
year then ended, which have been adjusted to reflect the impact of the Transaction. The pro forma
statement of financial position and pro forma statement of profit or loss and other comprehensive
income present the effects of the Transaction as if it had occurred on 31 December 2024. However,
this pro forma financial information does not necessarily indicate the operational results or financial
condition if the Transaction had occurred previously.
The audited historical consolidated financial statements used in the preparation of the pro forma
financial information are taken from the Company’s consolidated financial statements as of 31
December 2024 and for the year then ended, audited by Public Accounting Firm Purwantono,
Sungkoro & Surja (a member firm of Ernst & Young Global Limited), with independent auditor's
report No. 00196/2.1032/AU.1/10/1294-4/1/III/2025 dated 17 March 2025, signed by Mr. Said
Amru.
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Assumptions
a. The consolidated statement of financial position and consolidated statement of profit or loss and
other comprehensive income as of 31 December 2024 and for the year then ended have been
prepared in accordance with Indonesian Financial Accounting Standards (“SAK”) and have been
audited with an unqualified opinion in all material respects.
b. IVM purchases the Transaction Object from ISMB at a price of IDR 48,413,000,000 as of 31
December 2024.
c. IVM records cash outflows related to the Transaction amounting to IDR 8,034,465,215, of which
IDR 5,354,008,715 represents creditable Value Added Tax (VAT), and most of the remainder is
capitalizable as part of the asset value, in accordance with SAK. These costs include deed-related
fees, title transfer, legal and land acquisition fees, taxes, public appraiser fees, and other
professional services.
d. An adjustment to income tax expense – net is made to account for operational expenditures not
capitalizable into asset values totaling IDR 130,000,000 which affects the Company’s income tax
payable as of December 31, 2024.
Based on the transaction assumptions above, the pro forma consolidated financial position statement
and the pro forma consolidated statement of profit or loss and other comprehensive income (loss)
were prepared by the Company’s management with adjustment as follows:
1. Cash outflows from the Company (through IVM) for the cost of purchase of the Transaction
Object (including VAT).
in thousands of
Rupiah
Purchase Price of Transaction Object 48,413,000.0
VAT in on Purchase 5,325,430.0
Total 53,738,430.0
2. Cash outflows from the Company (through IVM) for the cost of Land and Building Acquisition
Tax (BPHTB) IDR 2,420,650,000 at the time of purchase of the Transaction Object.
3. Cash outflows from the Company for Professional Fees at the time of purchase of the Transaction
Object and Related VAT:
in thousands of
Rupiah
KJPP Appraisal Fee (by SCM) 130,000.0
VAT in on Appraisal Fee 14,300.0
Notary Professional Fee (by IVM) 129,806.5
VAT in on Notary Fee 14,278.7
Total 288,385.2
A portion of the notary professional fee (IDR 129,806,500) is capitalizable in accordance with
PSAK 16.
4. Adjustment to net income tax expense takes into account changes in the Company's profit before
tax due to operating costs that cannot be capitalized into fixed assets amounting to
Rp130,000,000 multiplied by the applicable corporate tax rate of 22% as follows:
in thousands of
Rupiah
Professional Fee expensed as Opex 130,000.0
Corporate Tax Rate x 22%
Reduction in Income Tax Expense – Neto 28,600.0
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PT SURYA CITRA MEDIA Tbk AND ITS SUBSIDIARIES
PRO FORMA CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As of December 31, 2024
(Expressed in Thousand of Rupiah, unless otherwise stated)
Audited Historical Pro Forma Historical Consolidated Balance
Consolidated Balance of the Company and its Subsidiaries after
Sheet of the Company Pro forma Adjustment the Acquisition of PT Indosurya Menara
and its Subsidiaries Bersama Assets
December 31, 2024 Dr Cr Notes December 31, 2024
ASSET
CURRENT ASSETS
Cash and cash equivalents 2.527.537.831,0 - 56.447.465,2 1, 2, 3 2.471.090.365,8
Other current financial assets 439.528.994,0 - - 439.528.994,0
Trade receivables
Third parties- net 1.935.353.384,0 - - 1.935.353.384,0
Related parties 31.947.415,0 - - 31.947.415,0
Other receivables
Third parties- net 372.686.519,0 - - 372.686.519,0
Related parties 6.126.232,0 - - 6.126.232,0
Inventories – net 1.172.889.007,0 - - 1.172.889.007,0
Advances and prepaid expenses 453.065.303,0 - - 453.065.303,0
Prepaid tax 313.197.173,0 5.354.008,7 - 1, 3 318.551.181,7
7.252.331.858,0 5.354.008,7 56.447.465,2 7.201.238.401,5
Total Current Assets
NON-CURRENT ASSETS
Deferred tax assets 121.250.699,0 - - 121.250.699,0
Fixed assets – net 1.869.184.125,0 50.963.456,5 - 1, 2, 3 1.920.147.581,5
Right of use assets – net 112.163.800,0 - - 112.163.800,0
Intangible assets – net 1.048.989.961,0 - - 1.048.989.961,0
Advance for purchase of fixed assets 65.388.287,0 - - 65.388.287,0
Claim for income tax refund 67.409.497,0 - - 67.409.497,0
Investment in associated entities 48.287.954,0 - - 48.287.954,0
Long-term investments 99.034.237,0 - - 99.034.237,0
Other non-current assets – net 131.210.821,0 - - 131.210.821,0
Total Non-Current Assets 3.562.919.381,0 50.963.456,5 - 3.613.882.837,5
TOTAL ASSETS 10.815.251.239,0 56.317.465,2 56.447.465,2 10.815.121.239,0
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PT SURYA CITRA MEDIA Tbk AND ITS SUBSIDIARIES
PRO FORMA CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As of December 31, 2024
(Expressed in Thousand of Rupiah, unless otherwise stated)
Audited Historical Pro Forma Historical Consolidated Balance
Consolidated Balance of the Company and its Subsidiaries after
Sheet of the Company and Pro forma Adjustment the Acquisition of PT Indosurya Menara
its Subsidiaries December Bersama Assets
31, 2024 Dr Cr Notes December 31, 2024
LIABILITIES
CURRENT LIABILITIES
Trade payables
Third parties (452.019.001,0) - - (452.019.001,0)
Related parties (27.276.681,0) - - (27.276.681,0)
Other payables
Third parties (120.713.380,0) - - (120.713.380,0)
Related parties (13.766.919,0) - - (13.766.919,0)
Accrued expenses (1.109.662.227,0) - - (1.109.662.227,0)
Taxes payable (61.405.327,0) 28.600,0 - 4 (61.376.727,0)
Portion of non-current debt due within one year:
Bank loans (7.612.891,0) - - (7.612.891,0)
Lease liabilities - right-of-use assets (4.696.171,0) - - (4.696.171,0)
Consumer financing payables (1.252.371,0) - - (1.252.371,0)
Other current liabilities (399.120.062,0) - - (399.120.062,0)
Total Current Liabilities (2.197.525.030,0) 28.600,0 - (2.197.496.430,0)
NON-CURRENT LIABILITIES
Deferred tax liabilities (99.665.390,0) - - (99.665.390,0)
Long-term liabilities - net of current maturities:
Lease liabilities - right-of-use assets (5.918.310,0) - - (5.918.310,0)
Consumer finance payables (653.571,0) - - (653.571,0)
Employee benefits liabilities - net (155.242.357,0) - - (155.242.357,0)
Total Non-Current Liabilities (261.479.628,0) - - (261.479.628,0)
TOTAL LIABILITIES (2.459.004.658,0) 28.600,0 - (2.458.976.058,0)
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PT SURYA CITRA MEDIA Tbk AND ITS SUBSIDIARIES
PRO FORMA CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As of December 31, 2024
(Expressed in Thousand of Rupiah, unless otherwise stated)
Audited Historical Pro Forma Historical Consolidated Balance
Consolidated Balance of the Company and its Subsidiaries after
Sheet of the Company Pro forma Adjustment the Acquisition of PT Indosurya Menara
and its Subsidiaries Bersama Assets
December 31, 2024 Dr Cr Notes December 31, 2024
EQUITY
Equity Attributable to Owners of the Parent Entity
Share Capital - Issued and Fully Paid Share Capital (739.705.695,0) - - (739.705.695,0)
Additional Paid-in Capital (407.497.616,0) - - (407.497.616,0)
Difference in Value of Transaction with non-controlling interests (2.245.589.812,0) - - (2.245.589.812,0)
Other Comprohensive Income (53.110.478,0) - - (53.110.478,0)
Retained Earnings (6.870.915.643,0) 129.988,1 28.597,4 3, 4 (6.870.814.252,3)
Treasury Shares - 10.503.194.120 shares 2.833.489.533,0 - - 2.833.489.533,0
as of December 31, 2024
Non-controlling Interests (872.916.870,0) 11,9 2,6 3, 4 (872.916.860,7)
TOTAL EQUITY (8.356.246.581,0) 130.000,0 28.600,0 (8.356.145.181,0)
TOTAL LIABILITIES AND EQUITY (10.815.251.239,0) 158.600,0 28.600,0 (10.815.121.239,0)
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PT SURYA CITRA MEDIA Tbk AND ITS SUBSIDIARIES
PRO FORMA CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As of December 31, 2024
(Expressed in Thousand of Rupiah, unless otherwise stated)
Audited Historical Pro Forma Historical Consolidated Balance
Consolidated Balance of the Company and its Subsidiaries after
Sheet of the Company Pro forma Adjustment the Acquisition of PT Indosurya Menara
and its Subsidiaries Bersama Assets
December 31, 2024 Dr Cr Notes December 31, 2024
7.057.824.443,0 - - 7.057.824.443,0
NET REVENUES
Program and broadcasting expenses (4.530.523.902,0) - - (4.530.523.902,0)
Operating expenses (1.816.752.926,0) - - (1.816.752.926,0)
Other operating income 70.852.731,0 - - 70.852.731,0
Other operating expenses (126.878.869,0) 130.000,0 - 3 (127.008.869,0)
PROFIT FROM OPERATIONS 654.521.477,0 130.000,0 - 654.391.477,0
Finance income – net 142.551.226,0 - - 142.551.226,0
Share of profit from associated entities – net 6.490.485,0 - - 6.490.485,0
Finance costs (1.948.150,0) - - (1.948.150,0)
PROFIT BEFORE INCOME TAX EXPENSE 801.615.038,0 130.000,0 - 801.485.038,0
INCOME TAX EXPENSE – NET (316.536.277,0) - 28.600,0 4 (316.507.677,0)
PROFIT FOR THE YEAR 485.078.761,0 130.000,0 28.600,0 484.977.361,0
OTHER COMPREHENSIVE INCOME 26.406.183,0 - - 26.406.183,0
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 511.484.944,0 130.000,0 28.600,0 511.383.544,0
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V. ADDITIONAL INFORMATION
Should any of the Shareholders require further information, they may contact the Company during
business hours through the contact details provided below:
PT SURYA CITRA MEDIA Tbk
SCTV Tower, Senayan City 18th Floor,
Jl. Asia Afrika Lot. 19
Central Jakarta 10270 – Indonesia
Telephone: +62 21 2793 5599
Attention: Corporate Secretary
E-mail: corsec@scm.co.id
Jakarta, June 30, 2025
PT Surya Citra Media Tbk
Direksi
Names mentioned 25 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Financial Services Authority
p.1 ×5
unresolved
person
KH Mas Mansyur
p.3
unresolved
person
Ir. Rachmat Akbari II. DESCRIPTION OF THE TRANSACTION
p.4
unresolved
org
KJPP Firman Suryantoro Sugeng Suzy Hartomo & Rekan
p.4
unresolved
org
KJPP Firman Suryantoro Sugeng Suzy Hartomo
p.4
unresolved
org
KJPP FAST
p.4 ×26
unresolved
org
Ministry of Finance
p.5
unresolved
person
Hanandewa
p.5
unresolved
org
Minister of Finance Registration No. RMK-
p.5
unresolved
org
Bank Financial Industry Supporting Profession
p.6
unresolved
org
KJPP FAST. The Fairness Opinion
p.6
unresolved
org
Young Global Limited
p.7
unresolved
person
Said Amru.
p.7
unresolved
org
KJPP Appraisal Fee
p.8
unresolved
org
PT Indosurya Menara
p.9 ×4
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
Rule parser
Needs review
confidence 0.091
2393 ms
12 Sep 2026 22:37
Raw output
{'appraiser_exempt': None,
'appraiser_name': '',
'assets': [],
'currency': None,
'fact_type': '',
'issuer_name': '',
'kind': 'MATERIAL_FACT',
'kjpp_name': '',
'letter_number': '',
'object_text': '',
'object_truncated': False,
'parties': [],
'pct_of_equity': None,
'reference_period': '',
'requires_rups': None,
'rups_date': None,
'ticker': '',
'transaction_date': None,
'valuation_date': None,
'value': None}