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                                                                                                       Laporan Tahunan | Annual Report 2024




    Daftar Isi                                                 PROFIL PERUSAHAAN
                                                                                                                        41
                                                               COMPANY PROFILE
    Table of contents
                                                               Data Perusahaan                                             42
                                                               Company Data

                                                               Riwayat Singkat Perusahaan                                  43
    SANGGAHAN DAN BATASAN
    TANGGUNG JAWAB                                        06   Company at a Glance

                                                               Peristiwa Penting Perusahaan                                46
    DISCLAIMER AND LIMITATION OF LIABILITY                     Corporate Milestone

                                                               Visi, Misi, dan Nilai Perusahaan                            52
                                                               Vision, Mission, and Corporate Values

    MENJELAJAHI PELUANG,
    MENGHADAPI TANTANGAN                                  07   Peninjauan Kembali Visi dan Misi Perusahaan
                                                               Review of The Company’s Vission and Mission
                                                                                                                           54


    NAVIGATING OPPORTUNITIES, EMBRACING CHALLENGES             Strategi Perusahaan                                         54
                                                               Corporate Strategy

                                                               Kegiatan Usaha                                              55
    IKHTISAR KINERJA
    PERFORMANCE HIGHLIGHT                                 10   Business Activities

                                                               Peta Operasional                                            56
                                                               Operational Maps
    Ikhtisar Operasional & Pencapaian Kinerja 2024        10
    2024 Operational Overview & Accomplishments                Struktur Organisasi                                         58
                                                               Organization Structure
    Ikhtisar Data Keuangan Penting                        12
    Key Financial Highlights                                   Daftar Keanggotaan Organisasi atau Asosiasi                 59
                                                               Members of Organization or Association
    Ikhtisar Saham                                        17
    Share Highlights                                           Profil Direksi                                              60
                                                               Profiles of the Directors
    Aksi Korporasi                                        18
    Corporate Action                                           Profil Dewan Komisaris                                      68
                                                               Profiles of the Board of Commissioners
    Informasi Penghentian Sementara dan atau Sanksi       18
    Perdagangan Saham DILD serta Penghapusan Pen-              Hubungan Afiliasi antara Dewan Komisaris dan                76
    catatan Saham                                              Direksi
    Information on Temporary Suspension and|or Sanc-           Affiliate Relations between Board of Commissioners
    tions for DILD Shares Trading and Removal of Stock         and Directors
    Listing.
                                                               Pernyataan Independensi Komisaris Independen                76
    Informasi tentang Penerbitan Obligasi, Sukuk,         18   Independence Statement of Independent Commis-
    atau Obligasi Konversi                                     sioner
    Information on Issuance of Bonds, Sukuk, or Conver-
    sion Bonds                                                 Perubahan Komposisi Dewan Komisaris dan/atau                77
                                                               Direksi
    Peristiwa Penting 2024                                18   Changes of the Composition of the Board of Com-
    Key Event Highlights 2024                                  missioners and/or Directors

    Penghargaan dan Sertifikasi                           22   Sumber Daya Manusia                                         77
    Awards and Certification                                   Human Resources

                                                               Sekilas Pengembangan Kompetensi                             78
                                                               Competency Development at Glance
    LAPORAN MANAJEMEN
    MANAGEMENT REPORT                                     23   Informasi Pemegang Saham
                                                               Information of Shareholders
                                                                                                                           80


                                                               Informasi Pemegang Saham Utama dan Pengen-                  84
    Laporan Dewan Komisaris                               24
                                                               dali
    Report of the Board of Commissioners (BOC)
                                                               Information on Major and Controlling Shareholder
    Laporan Direksi                                       31
                                                               Struktur Grup Perusahaan per 31 Desember 2024               85
    Report of the Directors (BOD)
                                                               Company Group Structure as of December 31, 2024
    Surat Pernyataan Dewan Komisaris dan Direksi          40
    Statement Letter of BOC and BOD


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PT Intiland Development Tbk


Entitas Anak, Entitas Asosiasi, dan Ventura Ber-      86   Informasi Penting Lainnya                            150
sama                                                       Other Important Information
Subsidiaries, Associates, and Joint Ventures
                                                           Struktur Modal dan Kebijakan Struktur Modal          150
Kronologi Pencatatan Saham                            91   Capital Structure and Policy of Capital Structure
Chronology of Share Listing
                                                           Kemampuan Membayar Utang                             150
Informasi tentang Efek Lainnya                        92   Debt-Paying Ability
Information on Other Securities
                                                           Solvabilitas                                         150
Informasi tentang Akuntan Publik dan Kantor           92   Solvency
Akuntan Publik
Information on Public Accountants and Public Ac-           Kolektabilitas Piutang                               151
counting Firms                                             Receivables Collectability

Lembaga dan Profesi Penunjang Pasar Modal             93   Ikatan                                               151
Capital Market Supporting Institutions and Profes-         Commitment
sionals
                                                           Target dan realisasi tahun 2024 serta target 2025    151
Informasi pada Situs Web Perusahaan                   94   Target and realization in 2024 and target in 2025
Information on the Company Website
                                                           Target dan Realisasi 2024                            151
Pelatihan dan/atau Program Pengembangan De-           96   Targets and Realization in 2024
wan Komisaris, Direksi, Komite-Komite, dan Sek-
retarisPerusahaan                                          Target Tahun 2025                                    152
Training and/or Development Program for the Board          2025 Target
of Commissioners, Directors, Committees, and Cor-
porate Secretary                                           Target Marketing Sales                               152
                                                           Marketing Sales Target

                                                           Target Pendapatan Usaha                              152
                                                           Revenue Target

                                                           Target Laba                                          152
                                                           Net Income Target

                                                           Transaksi dan Fakta Material yang Terjadi Sete-      152
                                                           lah Tanggal Laporan Akuntan
                                                           Material Transactions and Facts After the Account-
        1Park Avenue                                       ant’s Report Date

                                                           Prospek Usaha                                        153
                                                           Business Prospect

ANALISIS DAN PEMBAHASAN
MANAJEMEN                                        109       Aspek Pemasaran
                                                           Marketing Aspect
                                                                                                                154


MANAGEMENT DISCUSSION AND ANALYSIS                         Kebijakan Dividen                                    156
                                                           Dividen Policy

Tinjauan Bisnis                                      110   Realisasi Penggunaan Dana Hasil Penawaran            158
Business Outlook                                           Umum
                                                           Realization of Use of Funds from Public Offering
Tinjauan Operasional                                 110
Operation Outlook                                          Perubahan Peraturan Perundang-Undangan               158
                                                           yang Berdampak Signifikan pada Perseroan
Tinjauan Segmen Usaha                                111   Changes in Legislation that Significantly Affected
Business Segment Overview                                  the Company

Mixed-use & High-rise                                111   Perubahan Kebijakan Akuntansi                        158
Mixed-use & High-rise                                      Changes in Accounting Policies

Perumahan                                            120   Informasi Material pada Investasi, Ekspansi, Di-     159
Residential                                                vestasi, Penggabungan atau Peleburan, Akuisisi
                                                           dan Restrukturisasi Modal / Utang
Kawasan Industri                                     131   Material Information on Investment, Expansion,
Industrial Estate                                          Divestment, Business Merger or Consolidation, Ac-
                                                           quisition and Capital / Debt Restructuring
Pendapatan Berulang – Properti Investasi             136
Recurring Income – Investment Properties

Tinjauan Laporan Keuangan                            145
Overview on Financial Statements


                                                                                                                      3
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                                                                                                     Laporan Tahunan | Annual Report 2024


      Informasi Transaksi Material yang Mengandung           159   Rapat Umum Pemegang Saham                               210
      Benturan Kepentingan dan Transaksi dengan                    General Meeting of Shareholders
      Pihak Afiliasi/ Berelasi
      Information on Material Transactions with Con-               Direksi                                                 220
      flict of Interest and Transactions with Affiliates/          Directors
      Related Parties
                                                                   Dewan Komisaris                                         226
      Pendukung Bisnis                                       159   The Board of Commissioners
      Business Support
                                                                   Komite Audit                                            237
      Sumber Daya Manusia                                    159   Audit Committee
      Corporate Human Capital
                                                                   Komite Nominasi dan Remunerasi                          247
      Rekrutmen                                              160   Remuneration and Nomination Committee
      Recruitment
                                                                   Sekretaris Perusahaan                                   253
      Pelatihan dan Pengembangan Sumber Daya                 161   Corporate Secretary
      Manusia
      Human Resources Training and Development                     Audit Internal                                          256
                                                                   Internal Audit
      Program Pengembangan Karyawan                          197
      Employee Development Programs                                Sistem Pengendalian Internal                            260
                                                                   Internal Control System
      Program Budaya Perseroan                               200
      Corporate Culture Programs                                   Manajemen Risiko                                        261
                                                                   Risk Management
      Kualitas dan Peningkatan Berkelanjutan                 202
      Quality and Continuous Improvement                           Perkara Hukum                                           265
                                                                   Litigations
      Teknologi Informasi                                    204
      Information Technology                                       Kode Etik Perusahaan                                    267
                                                                   Company Code of Conduct

                                                                   Kebijakan Pemberian Kompensasi Jangka Panjang           268
                                                                   Long-Term Compensation Policy
    TATA KELOLA PERUSAHAAN YANG BAIK
    GOOD CORPORATE GOVERNANCE                               206    Kebijakan Pengungkapan Informasi
                                                                   Information Disclosure Policy
                                                                                                                           268


                                                                   Sistem Pelaporan Pelanggaran                            269
    Komitmen pada Tata Kelola Perusahaan                     207   Whistleblowing System
    Commitment to Good Corporate Governance
                                                                   Kebijakan Anti Korupsi                                  271
    Penilaian Penerapan Tata Kelola Perusahaan               208   Anti-Corruption Policy
    Assessment of the Implementation of Corporate
    Governance                                                     Kebijakan Gratifikasi                                   271
                                                                   Gratification Policy
    Sosialisasi dan Pembaruan GCG                            208
    Socialization and Updates on GCG                               Kebijakan Prosedur Melakukan Pinjaman kepada            272
                                                                   Kreditur
    Struktur Tata Kelola Perusahaan                          209   Procedure Policy on Borrowing Loan from Creditor
    Coporate Governance Structure




                                                                                                                Regatta




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PT Intiland Development Tbk




             Aeropolis




 Kebijakan Pengadaan Barang dan/atau Jasa             272
 Policy of Goods and/or Services Procurement

 Implementasi Pengadaan Barang                        272
                                                            TANGGUNG JAWAB
                                                            SOSIAL PERUSAHAAN                 283
 Procurement Implementation                                 CORPORATE SOCIAL RESPONSIBILITY

 Auditor Eksternal                                    274
 External Auditor                                           Pelaksanaan Program                 284
                                                            Program Implementation
 Kebijakan Komunikasi                                 275
 Communication Policy                                       Realisasi Penyaluran Dana           285
                                                            Actual Fund Disbursement
 Akses Informasi dan Data Perusahaan                  275
 Access to the Company’s Information and Data

 Hubungan Investor
 Investor Relations
                                                      276
                                                            DIREKTORI PROYEK DAN KORPORAT
                                                            PROJECT AND CORPORATE DIRECTORY
                                                                                              286
 Hubungan Konsumen                                    278
 Customer Relationship

 Penerapan Pedoman Tata Kelola Perusahaan             278


                                                                                              291
 Sesuai Ketentuan Otoritas Jasa Keuangan                    LAPORAN KEUANGAN
 Implementation of Corporate Governance Guide-
 lines According to the Provisions of the Financial         FINANCIAL STATEMENT
 Services Authority

 Implementasi Tata Kelola Perusahaan                  278
 Corporate Governance Implementation




                                                                                                      5
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    Sanggahan dan Batasan Tanggung Jawab                                                                       Laporan Tahunan | Annual Report 2024




    SANGGAHAN DAN BATASAN TANGGUNG JAWAB
    DISCLAIMER AND LIMITATION OF LIABILITY

    Laporan Tahunan ini mencakup pernyataan mengenai kondisi             This Annual Report includes statements regarding the financial
    keuangan, hasil operasi, kebijakan, proyeksi, rencana, strategi,     condition, operational results, policies, projections, plans, strat-
    serta tujuan Perseroan, yang dikategorikan sebagai pernyataan        egies, and objectives of the Company, which are categorized as
    prospektif sesuai dengan peraturan perundang-undangan yang           forward-looking statements in accordance with applicable laws
    berlaku, terkecuali untuk informasi yang bersifat historis. Perny-   and regulations, except for historical information. These state-
    ataan tersebut mengandung adanya potensi risiko dan ketidak-         ments contain potential risks and uncertainties that may cause
    pastian yang dapat menyebabkan hasil aktual yang terjadi ber-        actual results to differ materially from those reported.
    beda secara material dari yang dilaporkan.


    Pernyataan prospektif dalam Laporan Tahunan ini disusun ber-         The forward-looking statements in this Annual Report are based
    dasarkan asumsi mengenai kondisi saat ini dan masa depan,            on assumptions about current and future conditions, as well as
    serta lingkungan bisnis tempat Perseroan beroperasi. Perseroan       the business environment in which the Company operates. The
    tidak memberikan jaminan bahwa dokumen yang telah diverifi-          Company does not guarantee that the verified documents will
    kasi kebenarannya akan menghasilkan hasil tertentu sebagaima-        result in specific outcomes as expected.
    na yang diharapkan.


    Laporan Tahunan ini menggunakan istilah “Perseroan”, “Perusa-        This Annual Report uses the terms “Company”, “Corporation”,
    haan”, dan “Intiland”, yang merujuk pada PT Intiland Develop-        and “Intiland”, which refer to PT Intiland Development Tbk, a
    ment Tbk, sebuah perusahaan yang bergerak di industri properti.      company engaged in the property industry. In certain contexts,
    Dalam beberapa konteks, kata “kami” digunakan untuk memper-          the word “we” is used for convenience in referring to PT Intiland
    mudah penyebutan PT Intiland Development Tbk secara umum.            Development Tbk in general.




6                                                                                                                      Graha Natura
Page 7
PT Intiland Development Tbk                                                          Navigating Opportunities, Embracing Challenges




MENJELAJAHI PELUANG,
MENGHADAPI TANTANGAN
NAVIGATING OPPORTUNITIES, EMBRACING CHALLENGES




   Perseroan menyakini mampu terus maju dan berkembang den-
   gan menjelajahi setiap peluang dan mensinergikan segenap
   kekuatan untuk menaklukan setiap tantangan.

   The Company believes that it can continue to advance and develop by exploring
   every opportunity and synergizing all the strengths to conquer every challenge.




Tahun 2024 masih menjadi fase menantang bagi Intiland dalam        The year 2024 remains a challenging phase for Intiland in main-
menjaga stabilitas kinerja dan menciptakan pertumbuhan usa-        taining performance stability and driving business growth.
ha. Di tengah dinamika dan tantangan pemulihan sektor proper-      Amidst the dynamics and momentum of the national property
ti nasional, Perseroan menorehkan sejumlah pencapaian penting      sector’s recovery, the Company has achieved significant mile-
dari aspek implementasi strategi, operasional, penjualan, mau-     stones in strategy implementation, operations, sales, and finan-
pun pencapaian kinerja keuangan. Meskipun penjualan di sektor      cial performance. Although sales in the property sector remained
properti masih cukup berat di sepanjang tahun 2024, Perseroan      quite tough throughout 2024, the Company recorded marketing
membukukan marketing sales Rp1,64 triliun atau 86% dari target     sales of Rp1.64 trillion, or 86% of the planned target. Compared
perencanaan. Jika dibandingkan tahun sebelumnya, penjualan         to the previous year, the Company’s sales increased by 72.4%
Perseroan berhasil meningkatkan hingga 72,4%.


Gambaran umum pasar properti berangsur-angsur membaik,             An overview of the property market is gradually improving, but
namun belum bisa dianggap pulih sepenuhnya. Sejumlah seg-          it cannot yet be considered fully recovered. Several property de-
men pengembangan properti, seperti perumahan dan kawasan           velopment segments, such as housing and industrial areas, are
industri melaju lebih cepat. Sementara pasar properti high-rise    progressing faster. Meanwhile, the high-rise property market,
seperti apartemen dan perkantoran cenderung ketinggalan dan        such as apartments and office buildings, tends to lag behind and
belum menunjukan sinyalemen akan membaik dalam waktu               has not shown clear signs of improvement in the near future. Al-
dekat. Meskipun sinyalemen pemulihan masih relatif tipis, na-      though the signs of recovery are still relatively weak, the Compa-
mun Perseroan tetap memiliki keyakinan prospek pasar properti      ny remains confident that the prospects of the property market
akan berangsur-angsung membaik.                                    will gradually improve.


Tahun 2024 juga diwarnai munculnya risiko-risiko yang dipicu       The year 2024 is also marked by the emergence of risks triggered
sejumlah faktor yang terjadi secara global. Pertumbuhan ekono-     by several global factors. Global economic growth was recorded
mi dunia tercatat relatif moderat akibat dampak dari terjadinya    to be relatively moderate due to the impact of ongoing geopo-
ketegangan geopolitik dan perang dagang yang terus berlang-        litical tensions and trade wars, particularly between the United
sung, terutama antara Amerika Serikat dan Tiongkok. Situasi        States and China. This situation has worsened global market un-
ini memperburuk ketidakpastian pasar global ketika sejumlah        certainty as several European countries experienced economic
negara Eropa mengalami kontraksi ekonomi akibat krisis energi      contraction due to the energy crisis and high inflation.
dan inflasi yang tinggi.


Di dalam negeri, perekonomi Indonesia tumbuh sekitar 5,02%         Domestically, Indonesia’s economy grew by about 5.02% in 2024,
pada tahun 2024 yang didorong oleh peningkatan konsumsi do-        driven by increased domestic consumption and investment.
mestik dan investasi. Meskipun lebih baik dibandingkan banyak      While this is better than many developed countries, it was still
negara maju, namun tetap terpengaruh oleh faktor-faktor global     affected by global factors. Geopolitical tensions and global un-
tersebut. Ketegangan geopolitik dan ketidakpastian global mem-     certainties posed challenges for Indonesia in managing external
berikan tantangan bagi Indonesia untuk mengatasi risiko ekster-    risks. On the other hand, domestic sectors such as property and


                                                                                                                                        7
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    Menjelajahi Peluang dan Tantangan                                                                        Laporan Tahunan | Annual Report 2024


    nal. Pada sisi lain sektor domestik seperti properti dan konsumsi   household consumption still played a crucial role in supporting
    rumah tangga masih memberikan kontribusi penting terhadap           national economic growth.
    pertumbuhan ekonomi nasional.


    Meskipun secara keseluruhan belum sepenuhnya pulih, sub sek-        Although the overall economy has not fully recovered, property
    tor properti seperti perumahan dan kawasan industri mencetak        sub-sectors such as housing and industrial estates recorded posi-
    pertumbuhan positif. Kebijakan pemerintah, seperti insentif Pa-     tive growth. Government policies, such as the Value Added Tax
    jak Pertambahan Nilai yang Ditanggung Pemerintah (PPN DTP),         (VAT) incentive, have become a driving force to help increase the
    menjadi mesin pendorong yang membantu meningkatkan daya             purchasing power of the public. The low mortgage interest rates
    beli masyarakat. Tingkat suku bunga KPR yang tetap rendah juga      also supported the purchase of homes and commercial proper-
    menjadi faktor pendukung pembelian rumah dan properti kom-          ties.
    ersial.


    Di tengah dinamika dan tantangan di sektor properti, Perseroan      Amid the dynamics and challenges in the property sector, the
    menempuh langkah-langkah penting untuk menjaga stabilitas           Company took essential steps to maintain business stability and
    usaha dan menguatkan kinerja pertumbuhan. Bagaimana me-             strengthen growth performance. Ensuring that the Company is
    mastikan Perusahaan berada pada jalur yang benar untuk men-         on the right track to achieve long-term growth remains a cru-
    capai pertumbuhan jangka panjang menjadi prioritas penting          cial priority for 2024. The Company is diligently aligning all its
    yang dijalankan tahun 2024. Perseroan secara sungguh-sungguh        potential and strengths as essential capital to achieve long-term
    menyelaraskan seluruh potensi dan kekuatan sebagai modal            goals. With a long track record and extensive experience as a na-
    penting mencapai tujuan jangka panjang. Berbekal rekam jejak        tional property developer, the Company has the resources as its
    dan pengalaman panjang sebagai pengembang properti na-              main strength to enhance its existence and competitiveness in
    sional, Perseroan memiliki sumber daya sebagai kekuatan utama       the property market.
    dalam meningkatkan eksistensi dan daya saing di pasar properti.


    Dengan menjelajahi peluang serta mensinergikan dengan se-           By Navigating Opportunities and synergizing all strengths, expe-
    luruh kekuatan, pengalaman, keahlian, serta komitmen terha-         rience, expertise, and commitment to Good Corporate Govern-
    dap Tata Kelola Perusahaan yang Baik, Perseroan percaya akan        ance, the Company believes it will be able to embrace challenges
    mampu menaklukan setiap tantangan untuk mencapai tujuan             to achieve its long-term goals.
    jangka panjang.




8                                                                                                                   57Promenade
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PT Intiland Development Tbk                                          Navigating Opportunities, Embracing Challenges



KESINAMBUNGAN TEMA
Continuity Theme




                        2023                                                   2022
       Mempertahankan Kekuatan di Tengah                  Mengoptimalkan Sumber Daya untuk Men-
                  Dinamika                                     ciptakan Peluang Tanpa Batas
            Sustaining Strength Amidst Dynamics           Optimizing Resources to Create Unlimited Opportunities




                        2021                                                   2020
  Konsolidasi Kompetensi untuk Mendefinisikan             Memperkuat Ketahanan Menuju Cara-Cara
               Kembali Masa Depan                                         Baru
      Consolidating Competencies to Redefine the Future        Strengthening Resilience Towards New Ways




                                                                                                                      9
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     Ikhtisar Kinerja                                                                                  Laporan Tahunan | Annual Report 2024




     IKHTISAR KINERJA 2024
     PERFORMANCE HIGHLIGHT 2024

     Ikhtisar Operasional & Pencapaian Kinerja 2024
     Operational Overview & Accomplishments in 2024




                  Empat Dekade + / Four Decades                                  Pengembang Properti Terpadu /
                                                                                  Integrated Property Developer

        Developer dengan pengalaman lebih dari empat dekade di          Empat Segmen Pengembangan / Four Development Segments:
     industri properti nasional. / Developer with more than 4 decades           •Kawasan Perumahan / Landed Residential
                of experience in national property industry.                             •Mixed use and high rise
                                                                                   •Kawasan industri / Industrial Estate
                                                                                 •Properti Investasi / Investment Properties




                        +70 Proyek / Projects                                        2.011 hektare / hectares


     Total lebih 70 proyek di Jakarta, Tangerang, Surabaya, Mojokerto       Tanah Belum Dikembangkan / Land for Development
      dan Batang / Total more 70 projects across Jakarta, Tanggerang,
                     Surabaya, Mojokerto and Batang.




10
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PT Intiland Development Tbk                                                                                 Performance Highlight




                        1.224 Orang                                     Pengembangan Baru / New Development


 Jumlah karyawan Tahun 2024 / Number of Employees in 2024          Tiga Proyek Baru di Ibu Kota Nusantara. /Three New Projects in
                                                                                        Nusantara Capital City




    Rp
         1,64                                Rp
                                                  2,55                                     Rp
                                                                                                454,23
         triliun/ trilion                         triliun/ trilion                               miliar/ billion
         Pra Penjualan /                          Pendapatan usaha /                           Laba usaha /
         Marketing Sales                          Revenues                                     Operating Profit




    Rp
         263,85                              Rp
                                                  174,76                                   Rp
                                                                                                13,7
         miliar/ billion                          miliar/ billion                               triliun/ trilion
           Laba tahun berjalan /                   Laba Bersih /                                Jumlah Aset /
           Current profit                          Net Profit                                   Total Assets




    Rp
         6,75                                Rp
                                                  752,32
         triliun/ trilion                         miliar/ billion
         Ekuitas /                                Kas Setara Kas /
         Total Equity                             Cash and Cash Equivalents




                                                                                                                                    11
                                                                                                                                    11
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     Ikhtisar Kinerja                                                                             Laporan Tahunan | Annual Report 2024



     IKHTISAR DATA KEUANGAN PENTING
     Key Financial Highlights


     Uraian | Description                                                                2024         2023            2022

     Aset | Assets

     Aset Lancar | Current Assets

           Kas dan setara Kas | Cash and cash equivalents                              752.320       954.308      1.162.691

           Persediaan | Inventories                                                   2.455.486    3.050.818      4.106.860

           Aset lancar lainnya | Other current assets                                  662.761       729.643      1.190.075

     Aset Tidak Lancar | Non-Current Assets

           Investasi dalam saham | Investment in share                                 454.975       452.505        377.667

           Persediaan | Inventories                                                   2.754.565    2.843.950      2.648.741

           Tanah yang belum dikembangkan | Land for Development                       3.896.603    3.659.396      3.891.513

           Aset tetap - bersih | Property and Equipment - net                          384.463       363.778        171.001

           Properti Investasi – bersih | Investment properties - net                  1.638.491    1.749.636      1.668.398

           Aset tidak lancar lainnya | Other non-current assets                        703.887       799.873      1.134.902

     Jumlah Aset/ Total Assets                                                       13.703.553   14.603.908     16.351.848




     Uraian | Description                                                                2024         2023            2022

     Liabilitas| Liabilities

     Liabilitas Jangka Pendek | Current Liabilities

           Utang bank jangka pendek | Short-term bank loans                           1.045.556    1.248.880      1.452.928

           Liabilitas kontrak | Contract Liabilities                                  1.162.804    1.419.624      3.202.460

           Bagian Liabilitas Jangka Panjang yang Akan Jatuh Tempo Dalam Satu

           Tahun | Current portion of long-term liabilities:

           •     Utang bank jangka Panjang | Long-term bank loan                       125.743       191.809        451.790

           •     Liabilitas sewa pembiayaan | Lease liabilities                            168            94             82

           •     Utang Sukuk Ijarah | Sukuk Ijarah payables                            372.556       123.422               -

           Liabilitas jangka pendek lainnya | Other current liabilities                876.280     1.168.888      1.084.053

     Liabilitas Jangka Panjang | Noncurrent Liabilities

           Liabilitas Kontrak | Contract Liabilities                                    95.107       167.633        265.115

           Liabilitas jangka panjang - setelah dikurangi bagian yang akan jatuh

           tempo dalam waktu satu tahun | Long-term liabilities - net of current

           portion:

           •     Utang bank jangka Panjang | Long-term bank loan                      2.564.887    2.791.719      2.544.942

           •     Liabilitas sewa pembiayaan | Lease liabilities

           •     Utang obligasi atau sukuk ijarah | Bonds payables or sukuk ijarah            -      369.428        488.408

           •     Liabilitas jangka panjang lainnya | Other noncurrent liabilities          113            98            192

           Liabilitas jangka Panjang lainnya |Other Noncurrent liabilities             713.425       610.462        646.225

     Jumlah Liabilitas | Total Liability                                              6.956.641    8.064.726     10.136.195
     Jumlah Ekuitas| Total Equity                                                     6.746.912    6.539.181      6.215.653

     Jumlah Liabilitas dan Ekuitas | Total Liabilities and Equity                    13.703.553   14.603.908     16.351.848




12
Page 13
PT Intiland Development Tbk                                                                               Performance Highlight


Laporan Laba Rugi dan Penghasilan Komprehensif lain Konsolidasi
Consolidated Statements of Profit or Loss and Other Comprehensive Income


Dalam jutaan Rupiah kecuali dinyatakan lain | In millions of Rupiah unless stated otherwise:


Uraian | Description                                                                     2024         2023            2022

Pendapatan usaha | Revenues                                                          2.553.285      3.906.826     3.148.755

Beban pokok penjualan dan beban langsung | Cost of sales and direct cost             1.767.933      2.321.031     1.874.213

Laba kotor | Gross profit                                                             785.352       1.585.796     1.274.542

Beban usaha | Operating cost                                                          331.121        315.327        305.316

Laba usaha | Operating profit                                                         454.231       1.270.469       969.226

Beban lain-lain – bersih | Others - nett                                              -120.486      -812.728       -696.810

Ekuitas pada rugi bersih entitas asosiasi dan ventura bersama                           73.340       396.155        -13.254

| Equity in net loss of associates and joint ventures

Laba sebelum pajak | Profit before tax                                                407.086        853.895        259.162

Penghasilan (beban) pajak | Tax Income (expense)                                      -143.234        -95.867       -67.194

Laba tahun berjalan | Current profit                                                  263.852        758.028        191.968
Jumlah penghasilan (rugi) komprehensif lain – bersih | Total other compre-               3.614         -1.993        -4.317

hensive income – net

Jumlah penghasilan komprehensif | Total comprehensive income                          267.466        756.035        187.651

Jumlah laba tahun berjalan yang dapat diatribusikan kepada pemilik enti-              174.766        174.108        -98.844

tas induk | Profit for the year attributable to owners of the parent entity

Jumlah laba tahun berjalan yang dapat diatribusikan kepada kepentingan                  89.086       583.920        290.812

non-pengendali | Profit for the year attributable to non controlling interest

Jumlah penghasilan komprehensif yang dapat diatribusikan kepada                       178.011        172.359       -103.446

pemilik entitas induk | Comprehensive income atrributable to owners of

the parent entity

Jumlah penghasilan komprehensif yang dapat diatribusikan kepada                         89.455       583.676        291.098

kepentingan non-pengendali | Total income for the year attributable to

non-controlling interests

EBITDA | EBITDA                                                                       583.362       1.391.619     1.085.455

Laba per saham (dalam Rupiah penuh) | Earnings per Share (in full amount                       17         17            (10)

of Rupiah)




                                                                                                                                  13
                                                                                                                                  13
Page 14
     Ikhtisar Kinerja                                                                                             Laporan Tahunan | Annual Report 2024


     Rasio-Rasio Penting
     Important Rasios

     Dalam persentase kecuali dinyatakan lain | In percentage unless stated otherwise:


     Uraian | Description                                                                       2024                  2023              2022

     Rasio Usaha | Operating Ratio



     Margin laba kotor| Gross Profit Margin                                                   30,76%                 40,59%         40,48%

     Margin laba Usaha | Operating Profit Margin                                              17,79%                 32,52%         30,78%

     Margin Laba Bersih | Net profit Margin                                                   10,33%                 19,40%           6,10%

     Imbal Hasil Aset | Return on assets (ROA)                                                  1,86%                  4,90%          1,17%

     Imbal Hasil Ekuitas | Return on Equity (ROE)                                               3,97%                11,89%           3,13%



     Rasio Likuiditas | Liquidity Ratio

     Rasio lancar | Current ratio                                                            108,02%                114,77%        104,33%

     Rasio kas | Cash ratio                                                                   21,00%                 23,13%         18,78%


     Rasio Solvabilitas | Solvability Ratio

     Rasio utang terhadap aset | Debt to Assets                                               30,28%                 32,72%         30,32%

     Rasio utang terhadap ekuitas | Debt to Equity                                            50,35%                 58,49%         61,07%

     Rasio liabilitas terhadap ekuitas | Liabilities to equity ratio                         103,11%                123,33%        163,08%

     Rasio liabilitas terhadap aset | Liabilities to assets ratio                             50,77%                 63,09%         61,99%




     Rasio-Rasio Penting
     Important Rasios


      Pendapatan Usaha / Revenues                                               Laba Usaha / Operating Profit


      4.500.000                                                                 1.200.000
                                                                                                                       1.270.469
                                                 3.906.826




      3.750.000                                                                 1000.000
                                                                                                                                     969.226




      3.000.000                                                                  800.000
                                                                    3.148.755
                                 2.553.285




      2.250.000                                                                  600.000
                                                                                                        454.231




      1.500.000                                                                  400.000



       750.000                                                                   200.000



             0                                                                         0


                              2024            2023            2022                                2024              2023           2022



      Laba Tahun Berjalan / Profit of the Year                                  Laba Per Saham / Earnings per Share

        900.000                                                                      20
                                                                                                        17




                                                                                                                      17




        750.000                                                                      15
                                                 758.028




14      600.000                                                                      10



        450.000                                                                       5
Page 15
          0                                                                0

          PT Intiland Development Tbk                                                                                                      Performance Highlight
                      2024             2023          2022                              2024                       2023                         2022



 Laba Tahun Berjalan / Profit of the Year                          Laba Per Saham / Earnings per Share

   900.000                                                              20




                                                                                           17




                                                                                                                   17
   750.000                                                              15




                                           758.028
   600.000                                                              10



   450.000                                                                5



   300.000                                                                0
                           263.852




   150.000                                                               -5


                                                        191.968




                                                                                                                                                 -10
          0                                                             -10


                      2024             2023          2022                              2024                       2023                         2022



 EBITDA                                                            Laba/Rugi Tahun Berjalan yang Dapat Diatribusikan ke
                                                                   Pemilik Entitas Induk / Profit/Loss for The Year Attributable to
                                                                   Owners of the Parent Company
  1.500.000

                                                                    200.000
                                         1.391.619




  1.250.000



                                                                                           174.766
                                                                    150.000




                                                                                                                    174.108
  1.000.000
                                                       1.085.455




                                                                    100.000
    750.000


                                                                     50.000
    500.000
                           583.362




                                                                          0
    250.000



                                                                                                                                                 -98.844
                                                                     -50.000
              0


                      2024             2023          2022           -100.000

                                                                                        2024                      2023                          2022




 Rasio Utang Terhadap Ekuitas | Debt to Equity                           Jumlah Aset | Total Asset


   60%                                                                   18.000.000
                                                         61,07%
                                           58,49%




   50%                                                                   15.000.000
                                                                                                                                                             16.351.848
                           50,35%




                                                                                                                              14.603.908




   40%                                                                   12.000.000
                                                                                                     13.703.553




   30%                                                                   9.000.000



   20%                                                                   6.000.000



   10%                                                                   3.000.000



      0                                                                        0


                      2024             2023          2022                                   2024                        2023                               2022



 Jumlah Liabilitas | Total Liability                                    Jumlah Ekuitas | Total Equity
                                                                                                                                                                          15
                                                                                                                                                                          15
12.000.000                                                             10.000.000
Page 16
           0                                                                       0


     Ikhtisar Kinerja     2024              2023          2022                               2024 Laporan2023          2022
                                                                                                          Tahunan | Annual Report 2024



      Jumlah Liabilitas | Total Liability                                 Jumlah Ekuitas | Total Equity


     12.000.000                                                          10.000.000



     10.000.000                                                          7.500.000




                                                            10.136.195




                                                                                                6.746.912
      8.000.000                                                          6.000.000




                                                                                                                             6.215.653
                                                                                                               6.539.181
                                              8.064.727
                              6.956.641



      6.000.000                                                          4.500.000



      4.000.000                                                          3.000.000



      2.000.000                                                          1.500.000



           0                                                                   0

                          2024              2023          2022                               2024           2023           2022




16                                                                                                          Graha Famili
Page 17
          PT Intiland Development Tbk                                                                                                         Performance Highlight


           Ikhtisar Saham
           Share Highlights

           Kinerja harga tertinggi, terendah dan penutupan, volume perdagangan, kapitalisasi pasar dan jumlah saham beredar tahun 2024
           dan 2023. | Highest, lowest and closing prices, trading volume, market capitalization and shares outstanding in 2024 and 2023.


          Triwulan          Jumlah saham                                 Harga saham / Share Price                             Volume             Kapitalisasi pasar
          Quarter           yang beredar                                                                                  perdagangan          Market Capitalization
                            Total Shares               Tertinggi               Terendah               Penutupan         Trading volume
                            Outstanding                Highest                 Lowest                 Closing


                                                                                  2024

           I             10.365.854.185            214                   185                    191                  177.252.300                  1.979.878.149.335

           II            10.365.854.185            200                   151                    165                  171.190.100                  1.710.365.940.525

           III           10.365.854.185            234                   163                    208                1.441.890.200                  2.156.097.670.480

           IV            10.365.854.185            218                   133                    162                  202.239.800                  1.679.268.377.970


                                                                                  2023

           I             10.365.854.185            177                   153                    167                  111.011.800                  1.731.097.648.895

           II            10.365.854.185            280                   159                    236                  877.215.000                  2.446.341.587.660

           III           10.365.854.185            292                   198                    200                  367.602.600                  2.073.170.837.000

           IV            10.365.854.185            222                   179                    198                  386.972.200                  2.052.439.128.630




           Grafik Harga Saham 2024 | Price Chart in 2024
                                                                                                                                                                     Rupiah / Share
                                                                                                                                                                     Rupiah / Share

                                                                                                                                                                     230

                                                                                                                                                                     220


                                                                                                                                                                     210


                                                                                                                                                                     200


                                                                                                                                                                     190


                                                                                                                                                                     180


                                                                                                                                                                     170


                                                                                                                                                                     160


                                                                                                                                                                     150


                                                                                                                                                                     140


                                                                                                                                                                     130


                                                                                                                                                                     120


                                                                                                                                                                     110



2024             Feb        Mar            Apr   May               Jun      Jul           Aug             Sep          Oct         Nov             Dec        2025


  Sumber /Source : https://finance.yahoo.com                                                                Harga perlembar              Volume Transaksi
                                                                                                            Price per share              Transaction Volume




                                                                                                                                                                                 17
                                                                                                                                                                                 17
Page 18
     Ikhtisar Kinerja                                                                                        Laporan Tahunan | Annual Report 2024


     Aksi Korporasi                                                    Corporate Action
     Perseroan di tahun 2024 tidak memiliki aksi korporasi yang ber-   The Company did not undertake any corporate actions in 2024
     dampak terjadinya perubahan pada saham, termasuk pemeca-          that resulted in changes to its shares, including stock splits,
     han saham, penggabungan saham, perubahan nominal saham,           mergers, changes in nominal value, stock dividends, bonus
     dividen saham, saham bonus, penerbitan efek konversi, serta       shares, issuance of convertible securities, or increases or decreas-
     penambahan dan pengurangan modal.                                 es in capital.


     Informasi Penghentian Sementara dan/atau Sanksi                   Information on Temporary Suspension and/or Sanc-
     Perdagangan Saham DILD serta Penghapusan Pen-                     tions for DILD Shares Trading and Removal of Stock
     catatan Saham                                                     Listing
     Selama periode pelaporan tahun 2024, Perusahaan tidak pernah      Throughout the reporting period in 2024, trading of the Com-
     dihadapkan pada penghentian sementara perdagangan saham           pany’s shares had never been suspended or delisted.
     dan/atau penghapusan pencatatan saham.


     Infromasi tentang Penerbitan Obligasi, Sukuk atau                 Information on Issuance of Bonds, Sukuk, or Con-
     Obligasi Konversi                                                 version Bonds
     Pada tahun 2024, Perseroan tidak melakukan penerbitan obli-       In 2024, the Company not have any corporate actions of issuing
     gasi, sukuk, maupun obligasi konversi.                            of bonds, sukuk or convertible bonds.


     Perseroan melakukan dua penerbitan Sukuk Ijarah pada tahun        The Company issued two Sukuk Ijarah in 2022, including:
     2022, meliputi:
     1. Penerbitan Penawaran Umum Berkelanjutan Sukuk Ija-             1.    Public offering of Sustainable Sukuk Ijarah I Intiland Devel-
          rah Berkelanjutan I Intiland Development Tahap II sebesar          opment Tranche II Year 2022 amounting of Rp250 billion.
          Rp250 miliar.
     2. Penawaran Umum Berkelanjutan Sukuk Ijarah Berkelanju-          2.    Public offering of Sustainable Sukuk Ijarah I Intiland Devel-
          tan I Intiland Development Tahap III sebesar Rp250 miliar          opment Tranche III Year 2022 amounting of Rp250 billion,
          yang dibagi menjadi 2 seri yaitu seri A dan seri B.                consisting of 2 series, namely series A and series B.


     Pada tahun 2024, Perseroan telah melunasi pokok Sukuk Ijarah      In 2024, the Company has repaid the principle of Sustainable
     Berkelanjutan I Intiland Development Tahap III Seri A, senilai    Sukuk Ijarah I Intiland Development Tranche III Year 2022 series A
     Rp125 miliar.                                                     amounting Rp125 billion.




     PERISTIWA PENTING 2024
     Events Highlights 2024



         Intiland dan Saltware Jalin Kolaborasi Kembang-                         Intiland and Saltware Collaborate to Develop
         kan Pertanian Cerdas
                                                                 Januari         Smart Farming
                                                                  January
         Intiland menggandeng perusahaan teknologi                               Intiland partnered with South Korean technology
         asal Korea Selatan, Saltware Co. Ltd. untuk be-                         company Saltware Co. Ltd. to implement smart
         kerjasama dalam implementasi teknologi per-                             farming technology on several of Intiland’s pro-
         tanian cerdas (smart farming) di sejumlah lahan                         ductive lands.
         produktif milik Intiland.




         Peluncuran Loop at Tierra                                               Launch of Loop at Tierra
         Perseroan melalui proyek Tierra Surabaya me-            Februari        Through its Tierra Surabaya project, the Company
                                                                  February
         luncurkan area wisata kuliner berkonsep komu-                           launched a communal open-concept culinary area
         nal terbuka bernama Loop at Tierra yang men-                            called Loop at Tierra, occupying 2,300 square me-
         empati lahan seluas 2.300 meter persegi.                                ters of land.




18
Page 19
PT Intiland Development Tbk                                                                     Performance Highlight



   Luncurkan Konsep Baru Private Office di Spazio              Launch of New Private Office Concept at Spazio
   Tower, Surabaya                                     Maret   Tower, Surabaya
                                                       March
   Konsep private office dihadirkan Intiland di                Intiland introduced a private office concept at
   Spazio Tower, Surabaya, untuk mengakomodasi                 Spazio Tower, Surabaya, designed to accommo-
   kebutuhan pebisnis yang mengutamakan privasi                date businessman who prioritize privacy and flex-
   dan fleksibilitas dalam bekerja serta menjalan-             ibility in their work and business operations. Lo-
   kan bisnis. Berlokasi di pusat bisnis dan gaya              cated in the West Surabaya business and lifestyle
   hidup Surabaya Barat, private office Spazio Tower           hub, the private offices offer complete facilities,
   menawarkan fasilitas lengkap, kemudahan, dan                convenience, and practicality for its users.
   kepraktisan bagi para penggunanya.




   •    Talaga Bestari Resmikan Masjid Jami’ Al                •    Talaga Bestari Inaugurates Masjid Jami’ Al
        Kautsar                                        Mei          Kautsar
                                                        May
        Perumahan yang dikembangkan Intiland                        The Talaga Bestari housing development in
        di kawasan Tangerang, Talaga Bestari,                       Tangerang inaugurated Masjid Jami’ Al-Kaut-
        meresmikan masjid Jami’ Al-Kautsar se-                      sar as part of the company’s contribution,
        bagai wujud kontribusi, kepedulian, dan                     care, and responsibility in providing places of
        tanggung jawab perusahaan dalam me-                         worship. The mosque, built on 3,900 square
        nyediakan fasilitas tempat ibadah. Mas-                     meters of land, also serves as a center for re-
        jid yang dibangun di lahan seluas 3.900                     ligious and social activities for the surround-
        meter persegi ini sekaligus menjadi pu-                     ing Talaga Bestari residents.
        sat kegiatan keagamaan dan sosial bagi
        warga sekitar Perumahan Talaga Bestari.


   •    Intiland Sunshine Fair                                 •    Intiland Sunshine Fair
        Intiland meluncurkan program promo                          Intiland launched a property sales promo-
        penjualan properti bertajuk “Intiland                       tion program called “Intiland Sunshine Fair”
        Sunshine Fair” yang berlangsung pada                        which held from May to June 2024. This pro-
        Mei-Juni 2024. Promo ini menawar-                           gram offered 21 flagship property projects
        kan 21 proyek properti unggulan den-                        with special discounts and direct prizes.
        gan diskon spesial dan hadiah langsung.


   •    Rapat Umum Pemegang Saham (RUPS) Ta-                   •   2024 Annual General Meeting of Sharehold-
        hun 2024                                                   ers (AGM)
        Pemegang saham menyetujui seluruh                          Shareholders approved all the agenda items
        agenda Rapat Umum Pemegang Saham                           for the 2024 Annual General Meeting for
        Tahunan Perseroan untuk tahun buku                         the fiscal year ending December 31, 2023.
        yang berakhir 31 Desember 2023. Rapat                      The meeting accepted the resignation of the
        menerima pengunduran diri Wakil Direk-                     Company’s Vice President Director Mr. Moed-
        tur Utama Perseroan Bapak Moedjianto                       jianto Soesilo Tjahjono and Director Mrs. Ping
        Soesilo Tjahjono dan Direktur Perseroan                    Handayani Hanli. The AGM also approved the
        Ping Handayani Hanli. Selanjutnya, RUPS                    appointment of Mrs. Ping Handayani Hanli as
        Tahunan memberikan persetujuan atas                        Commissioner and Mrs. Novita Anggriani as
        pengangkatan Ibu Ping Handayani Hanli                      Director of the Company.
        sebagai Komisaris dan Ibu Novita Anggriani
        sebagai Direktur Perseroan.




                                                                                                                        19
                                                                                                                        19
Page 20
     Ikhtisar Kinerja                                                                            Laporan Tahunan | Annual Report 2024



         Intiland dan Bank Maspion Berkolaborasi Gelar                Intiland and Bank Maspion Collaborate on “Young
         Program CSR “Inovator Muda”                         Juni     Innovators” CSR Program
         Yayasan Intiland menjalin kolaborasi dengan          June    Intiland Foundation collaborated with Bank Mas-
         Bank Maspion dalam program Inovator Muda,                    pion on the “Young Innovators” program, a corpo-
         sebuah inisiasi tanggung jawab sosial perusa-                rate social responsibility initiative aimed at em-
         haan untuk pemberdayaan generasi muda.                       powering the younger generation.




         Intiland Serah Terimakan Lahan CSR untuk Kabu-               Intiland Hands Over CSR Land for Pacitan Regency
         paten Pacitan                                        Juli    The Company handed over a plot of land totaling
                                                              July
         Perseroan menyerahkan bidang lahan dengan                    17,255 square meters in the Puri Permata Indah
         total luas mencapai 17.255 meter persegi di                  Housing Complex in Pacitan, East Java, to the Paci-
         Perumahan Puri Permata Indah, Pacitan, Jawa                  tan Regency Government. This activity followed
         Timur, kepada Pemerintah Kabupaten (Pemkab)                  the company’s previous handover of infrastruc-
         Pacitan. Kegiatan ini menyusul langkah Perse-                ture, facilities, and utilities (PSU) in the housing
         roan yang sebelumnya juga telah melakukan se-                complex to the Pacitan Government in 2022.
         rah terima prasarana, sarana, dan utilitas (PSU)
         di perumahan tersebut kepada Pemkab Pacitan
         pada 2022 lalu.




         •    Groundbraking Pembangunan Tiga Proyek                   •    Groundbreaking of Three Intiland Projects in
              Intiland di Ibu Kota Nusantara                Agustus        the Capital City of Nusantara**
                                                             August
              Intiland memulai tahapan pembangu-                           Intiland commenced the development of
              nan tiga proyek unggulan di Ibu Kota                         three flagship projects in the Capital City of
              Nusantara (IKN) yang ditandai dengan                         Nusantara (IKN), marked by a groundbreak-
              peletakan batu pertama atau ground-                          ing ceremony led by Indonesian President Mr.
              breaking oleh Presiden Republik Indone-                      Joko Widodo in the IKN 1B Government Cen-
              sia Joko Widodo di Kawasan Inti Pusat                        tral Area. This move represents the compa-
              Pemerintahan (KIPP) IKN 1B. Langkah ini                      ny’s tangible support and optimism towards
              menjadi wujud dukungan nyata dan op-                         IKN as a new, sustainable, and modern cent-
              timisme perseroan terhadap IKN sebagai                       er for government and economic activities.
              pusat pemerintahan dan perekonomian
              baru yang berkelanjutan dan modern.
                                                                      •    Intiland Launches Tierra Residence**
         •    Intiland Meluncurkan Tierra Residence                        The Company launched Tierra Residence,
              Perseroan meluncurkan Tierra Residence,                      a cluster of landed houses in the Tierra su-
              cluster landed houses di kawasan superblok                   perblock in Darmo Harapan, West Surabaya.
              Tierra di Darmo Harapan, Surabaya Barat.                     Tierra Residence is developed exclusively
              Tierra Residence dikembangkan secara ek-                     with a limited number of units, offering a
              sklusif dengan jumlah unit terbatas serta                    modern tropical living concept that is shad-
              mengusung konsep hunian tropical mod-                        ed, functional, and aesthetic.
              ern yang teduh, fungsional, dan estetis.




20
Page 21
PT Intiland Development Tbk                                                                         Performance Highlight



   •    Amesta Living Memulai Pembangunan                          •    Amesta Living Begins Development of Com-
        Community Center                               September        munity Center
                                                          June
        Amesta Living memulai pembangunan                               Amesta Living started the construction work
        community center yang menempati la-                             of a 900-square-meter community center,
        han seluas 900 meter persegi untuk men-                         aimed at creating a space for residents to
        ciptakan wadah bagi komunitas warga                             collaborate. The groundbreaking ceremony
        saling berkolaborasi. Dimulainya pemban-                        for this project was attended by the manage-
        gunan ini ditandai dengan pelaksanaan                           ment team.
        groundbreaking oleh jajaran manajemen.


   •    Poins Raih Penghargaan dalam Dewan                         •    Poins Wins an Award from Jakarta City Trans-
        Transportasi Kota Jakarta                                       port Council
        Pusat komersial terpadu di Jakarta Selatan,                     Poins, a commercial complex in South Ja-
        Poins, menerima penghargaan dalam ajang                         karta, received an award at the 2024 Jakarta
        Dewan Transportasi Kota Jakarta (DTKJ)                          City Transport Council (DTKJ) Awards as the
        Awards 2024 sebagai Kawasan Komersial/                          Commercial Area/Building with the best fa-
        Gedung yang menyediakan fasilitas ter-                          cilities for supporting public transportation
        baik untuk mendukung integrasi angkutan                         integration, active transport modes, and mo-
        umum, moda transportasi aktif, serta mo-                        bility for persons with disabilities.
        bilitas untuk penyandang disabilitas.


   •    Intiland Raih Penghargaan Best Sukuk Ija-                  •    Intiland Wins Best Sukuk Ijarah Award
        rah                                                             Intiland received the Best Sukuk Ijarah
        Intiland menerima penghargaan dalam                             Award at the 2024 Best Sharia Awards held
        kategori Best Sukuk Ijarah di acara Best                        by Investortrust.id.
        Sharia Awards 2024 yang digelar oleh In-
        vestortrust.id.                                            •    Infrastructure & Industry Development
                                                                        Awards
   •    Penghargaan Kemajuan Infrastruktur & In-                        Intiland received the Infrastructure & Indus-
        dustri Tahun 2024                                               try Advancement Award at the 2024 Nawac-
        Intiland menerima penghargaan dalam                             ita Awards.
        kategori Kemajuan Infrastruktur & Industri
        di ajang Nawacita Awards 2024.




   Program CSR Gerak Lari Ambil Sampah                             CSR Program: Gralapah Fun Plogging 5K 2024
   (Gralapah) Fun Plogging 5K di Praxis                Desember    Intiland and Bank Maspion collaborated to sup-
   Intiland dan Bank Maspion berkolaborasi mem-         December   port the winner of the Young Innovators program
   berikan pendampingan terhadap inisiatif peme-                   with the “Gerak Lari Ambil Sampah (Gralapah) Fun
   nang program Inovator Muda bertajuk “Gerak                      Plogging 5K” event. This event combined running
   Lari Ambil Sampah (Gralapah) Fun Plogging 5K”.                  with environmental conservation and was held
   Acara yang menggabungkan olahraga lari den-                     at Praxis, Surabaya, involving hundreds of partici-
   gan pelestarian lingkungan ini digelar di Praxis,               pants from various backgrounds.
   Surabaya dengan melibatkan ratusan peserta
   dari berbagai kalangan.




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     Ikhtisar Kinerja                                                                                         Laporan Tahunan | Annual Report 2024



     PENGHARGAAN DAN SERTIFIKASI
     Awards and Certifications



        Poins                                                                              South Quarter
        Kawasan Komersial/Gedung yang menyediakan fasilitas ter-
        baik untuk mendukung integrasi angkutan umum, moda trans-                          “Greenship New Buliding 1.2 – Peringkat Emas
        portasi aktif, serta mobilitas untuk penyandang disabilitas.                       untuk Pengakuan Desain dan Penilaian Akhir” / 
        A Commercial Area/Building that provides the best facilities to                    “Greenship New Buliding 1.2 – Gold Rating for
        support the integration of public transportation, active transpor-                 Design Recognition and Final Assessment”
        tation, and mobility for individuals with disabilities.
                                                                                           Dari: Konsil Bangunan Hijau Indonesia, 2015
        Dewan Transportasi Kota Jakarta Awards 2024                                        - 2020
        September 2024/ Dewan Transportasi Kota Jakarta Awards 2024                        From: Green Building Council Indonesia, 2015
        September 2024                                                                     – 2020.


                                                                                           “Greenship Gedung Terbangun V1.1 – Pering-
                    ISO 9001                                                               kat Emas” / “ Greenship V1.1 – Gold Rating for
                    Sistem Manajemen Mutu / Quality Manage-                                Existing Building.
                    ment System
                    Intiland Hospitality and Property Management/                          Dari: Konsil Bangunan Hijau Indonesia, 2022 –
                    Intiland Hospitality and Property Management                           2025 / From: Green Building Council Indonesia,
                    Dari / From: Lloyd Register Indonesia                                  2022 – 2025
                    Quality Assurance,
                    2021 – 2024
                                                                                                                PT Intiland Development Tbk
                                                PT Intiland Development Tbk                                     Sukuk Ijarah Terbaik / Best Sukuk
                                                Kemajuan Infrastruktur & Industri                               Ijarah
                                                / Infrastructure and Industrial Develop-                        Best Sharia Awards 2024 / Best Sharia
                                                ment                                                            Awards 2024
                                                Nawacita Awards 2024
                                                September 2024                                                  September 2024




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PT Intiland Development Tbk                  Management Report




                               Laporan
                              Manajemen
                              Management Report




         Praxis                                                  23
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     Laporan Manajemen                                                                                        Laporan Tahunan | Annual Report 2024




     Laporan Dewan Komisaris
     Report of the Board of Commissioners




                                                                          Dewan Komisaris mendukung dan
                                                                          membimbing Direksi dalam menjaga
                                                                          pertumbuhan berkelanjutan Perseroan
                                                                          serta memastikan kepatuhan terhadap
                                                                          peraturan dan prinsip tata kelola yang
                                                                          baik.
                                                                          The Board of Commissioners supports and guides the Directors
                                                                          in maintaining the Company’s sustainable growth and ensuring
                                                                          compliance with regulations and good corporate governance
                                                                          principles.”




         Sinarto Dharmawan




     Pemegang Saham dan Pemangku Kepentingan yang terhormat,
     Honorable Shareholders and Stakeholders,

     Atas nama Dewan Komisaris, saya menyampaikan laporan pen-            On behalf of the Board of Commissioners, I present the supervi-
     gawasan terhadap Direksi PT Intiland Development Tbk sepan-          sory report on the Directors of PT Intiland Development Tbk for
     jang 2024. Laporan ini mencakup pertanggungjawaban, penila-          2024. This report covers accountability, performance assessment,
     ian kinerja, strategi, tata kelola, serta arahan untuk prospek dan   strategy, governance, and strategic directions for 2025 prospects
     tantangan 2025.                                                      and challenges.

     Melalui laporan ini Dewan Komisaris menyampaikan duka cita           Through this report, the Board of Commissioners expresses its
     yang mendalam. Intiland telah kehilangan sosok penting yang          deep condolences. Intiland has lost the important figure who has
     telah sangat berjasa bagi perjalanan dan perkembangan Inti-          greatly contributed to the journey and development of Intiland,
     land, Bapak Hendro S. Gondokusumo, selaku pendiri dan Direktur       Mr. Hendro S. Gondokusumo, the founder and President Director,
     Utama yang meninggal dunia pada 13 Maret 2025 di Singapura.          who passed away on March 13, 2025, in Singapore. The Board
     Dewan Komisaris menyampaikan terima kasih dan penghorma-             of Commissioners extends its sincere thanks and highest respect
     tan yang setinggi-tingginya atas jasa-jasa Beliau selama ini.        for his invaluable contributions throughout the years.

     Dewan Komisaris berterima kasih atas dukungan dan keper-             The Board of Commissioners appreciates the support and trust
     cayaan pemegang saham serta pemangku kepentingan, yang               of shareholders and stakeholders, which drive management in
     mendorong manajemen dalam menjalankan tugasnya demi ke-              fulfilling its duties for the company’s progress.
     majuan perusahaan.




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PT Intiland Development Tbk                                                                                       Management Report


PANDANGAN TERHADAP KONDISI EKSTERNAL                                 OVERVIEW OF EXTERNAL CONDITIONS
Perseroan memaknai tahun 2024 sebagai momentum penting               The Company views 2024 as an important moment for the
bagi pertumbuhan perekonomian dan iklim investasi nasional.          growth of the national economy and investments. Although
Meskipun masih harus menghadapi sejumlah tantangan dan               there are still several challenges and risks to face, Indonesia’s
faktor risiko yang beragam, namun perekonomian Indonesia             economy shows a positive growth trend. The stability of the
menunjukan tren pertumbuhan positif. Stabilitas iklim investasi      investment climate and economy has been well maintained
dan perekonomian mampu terjaga dengan baik di tengah dina-           amidst the political dynamics within the country, as well as vari-
mika politik yang terjadi di dalam negeri, maupun adanya sejum-      ous global challenges and risks.
lah tantangan serta risiko yang terjadi di tingkat global.


Tahun 2024 juga sekaligus tercatat sebagai tahun politik             Year 2024 is also noted as a political year due to the holding of
berkaitan dengan penyelenggaraan dua kegiatan pemilihan              two national general election events. In February 2024, the peo-
umum nasional. Pada bulan Februari 2024, rakyat Indonesia te-        ple of Indonesia elected the President and Vice President, as well
lah memilih Presiden dan Wakil Presiden, serta anggota Dewan         as members of the People’s Representative Council (DPR) and the
Perwakilan Rakyat (DPR) dan Majelis Permusyawaratan Rakyat           People’s Consultative Assembly (MPR), followed by the simulta-
(MPR), yang kemudian dilanjutkan pemilihan Kepala Daerah             neous regional elections in November 2024. We are grateful that
serentak pada November 2024. Kami bersyukur agenda pen-              these important events were carried out safely and smoothly.
ting tersebut terlaksana secara aman dan lancar. Namun pada          However, on the other hand, the political climate also affected
sisi yang lain, iklim politik tersebut juga memengaruhi tingkat      consumer and investor confidence, which tended to delay pur-
kepercayaan konsumen dan investor yang cenderung menunda             chases and investments until there was certainty about the new
pembelian dan investasi sampai adanya kepastian pemerintahan         government.
baru.


Kami mencermati munculnya potensi risiko dalam negeri yang           We observed the potential risks from domestic factors influ-
dipengaruhi oleh sejumlah faktor global di tahun 2024. Dinami-       enced by several global factors in 2024. Dynamics and develop-
ka dan perkembangan yang terjadi di luar negeri, seperti gejolak     ments abroad, such as geopolitical tensions, the continuation
geopolitik, berlanjutnya perang dagang yang berdampak pada           of the trade war leading to tighter monetary policies, and the
pengetatan kebijakan moneter, serta adanya ancaman terjadi-          threat of a recession in several developed countries, particularly
nya resesi di sejumlah negara maju, khususnya negara-negara          in Europe, also affected the economic growth and investment
di Eropa, juga turut memengaruhi laju perekonomian dan iklim         climate in Indonesia.
investasi di Indonesia.


Perekonomian Indonesia masih dapat diandalkan berkat keber-          Indonesia’s economy remains resilient thanks to sustained do-
lanjutan konsumsi domestik yang kuat, investasi yang mening-         mestic consumption, increased investment, and improved ex-
kat, serta ekspor yang lebih baik, terutama dari sektor komodi-      ports, particularly from the commodity sector. Despite external
tas. Meskipun terdapat tekanan secara eksternal seperti potensi      pressures, such as the potential slowdown of the global econo-
pelambatan ekonomi global dan fluktuasi harga energi, Indone-        my and energy price fluctuations, Indonesia remains on track to
sia tetap berada pada jalur yang positif untuk mencapai target       achieve its growth targets.
pertumbuhannya.


Di tengah dinamika, risiko, dan tantangan yang muncul di ta-         Amidst the dynamics, risks, and challenges that emerged in
hun 2024, kami mencermati perekonomian Indonesia tumbuh              2024, we noted that Indonesia’s economy grew by 5.03% (yoy),
5,03% (yoy) atau sedikit melambat dibandingkan pencapaian            slightly slowing compared to 2023’s performance. The policy to
tahun 2023. Kebijakan untuk menerapkan inflasi yang terken-          maintain controlled and stable inflation has proven effective in
dali dan stabil terbukti efektif dalam upaya menjaga daya beli       sustaining public purchasing power. Indonesia’s inflation rate
masyarakat. Tercatat realisasi inflasi Indonesia di tahun 2024       in 2024 remained controlled at 1.57% (yoy), below the govern-
masih terkendali di level 1,57% (yoy), atau berhasil di bawah tar-   ment’s target range of 2.5%±1% (yoy). Political stability and eco-
get pemerintah pada kisaran 2,5%±1% yoy). Stabilitas politik dan     nomic growth have been crucial factors in fostering confidence
pertumbuhan ekonomi menjadi faktor penting dalam menum-              and optimism among business players and the public.
buhkan keyakinan dan kepercayaan diri para pelaku usaha mau-
pun masyarakat luas.


Kami juga mencermati industri properti nasional tumbuh stabil        We also observe that the national property industry has grown
ditopang oleh masih tingginya kebutuhan masyarakat, tren suku        steadily, supported by the continued high demand from the pub-
bunga rendah, serta dukungan insentif kebijakan yang diterbit-       lic, the trend of low interest rates, and the policy incentives is-
kan pemerintah. Pemberian insentif berupa Pajak Pertambahan          sued by the government. The provision of incentives in the form
Nilai Ditanggung Pemerintah (PPN DTP) mampu memberikan ke-           of Government-Borne Value Added Tax (PPN DTP) has made it
mudahan pembelian properti masyarakat dan berhasil mencip-           easier for the public to purchase property and have successfully
takan daya ungkit atas kemampuan masyarakat dalam memiliki           created leverage for the public’s ability to own a home.
hunian.




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     Laporan Manajemen                                                                                       Laporan Tahunan | Annual Report 2024


     Dengan sejumlah insentif kemudahan tersebut, kenyataannya          However, despite these incentives, not all property development
     belum semua segmen pengembangan properti mengalami pe-             segments have experienced recovery or achieved positive growth
     mulihan dan mampu tumbuh positif di tahun 2024. Sejumlah           in 2024. Several property subsectors, such as the apartment and
     subsektor properti seperti pasar apartemen dan perkantoran         office markets, have not significantly improved. The demand for
     belum berhasil meningkat secara signifikan. Tingkat permintaan     apartment properties remains relatively low, and a similar situa-
     masyarakat terhadap produk properti apartemen relatif sangat       tion is seen in the office market. Although it is projected to per-
     rendah. Kondisi serupa terjadi pula di pasar perkantoran. Meski-   form better than in 2023, the demand remains quite low, while
     pun diproyeksi lebih baik dibanding tahun 2023, namun tingkat      the supply of office units is still quite high.
     permintaan masih cukup rendah sementara jumlah pasokan
     unit-unit perkantoran tercatat masih cukup banyak.


     Sebaliknya pada subsektor perumahan dan kawasan industri           On the other hand, the residential and industrial estate subsec-
     justru tumbuh lebih dinamis dan mengalami tren peningkatan         tors have grown more dynamically and experienced an increas-
     jumlah permintaan. Kebutuhan terhadap unit-unit rumah den-         ing demand trend. The need for more affordable housing units
     gan harga yang lebih terjangkau mengalami peningkatan. Hal ini     has increased. This is partly due to the large backlog, which still
     tidak luput dari jumlah back log yang masih besar mencapai seki-   stands at around 12.7 million units, providing ample room for
     tar 12,7 juta unit yang memberikan ruang tumbuh cukup lebar        growth in the residential subsector.
     bagi subsektor perumahan.


     Sub-sektor kawasan Industri juga menunjukkan performa yang         The industrial estate subsector has also shown very strong per-
     sangat baik seiring dengan meningkatnya investasi. Penjualan       formance, alongside increased investment. The sale of industrial
     lahan industri bahkan mencatatkan penjualan tertinggi sejak        land even recorded its highest sales since 2020. This positive
     tahun 2020. Tren positif ini memberikan signal pemulihan dan       trend signals a recovery and transformation in the growth of the
     transformasi pertumbuhan sebsektor kawasan industri untuk          industrial estate subsector for the years to come.
     tahun-tahun ke depan.


     PENILAIAN ATAS KINERJA DIREKSI DAN EVALUASI                        PERFORMANCE ASSESSMENT OF THE DIRECTORS
     STRATEGI                                                           AND STRATEGY EVALUATION
     Di tengah dinamika industri properti 2024, Dewan Komisaris me-     Amidst the dynamics of the property industry in 2024, the Board
     nilai Perseroan berada di jalur yang tepat. Perusahaan terus be-   of Commissioners sees the Company on the right track. The Com-
     radaptasi, meningkatkan kinerja jangka panjang, dan berkomit-      pany continues to adapt, enhance long-term performance, and
     men menghadirkan properti terbaik bagi masyarakat.                 remain committed to providing the best properties for the com-
                                                                        munity.


     Dewan Komisaris menilai Direksi telah menjalankan tugasnya         The Board of Commissioners assesses that the Directors has
     dengan baik pada 2024, mengelola perusahaan dan mengek-            performed well in 2024, managing the company and executing
     sekusi strategi sesuai arah pertumbuhan jangka panjang.            strategies aligned with long-term growth directions.

     Kami menghargai komitmen dan upaya Direksi dalam kinerja,          We appreciate the Directors’ commitment and efforts in per-
     risiko, dan tata kelola, menegaskan totalitasnya dalam menjaga     formance, risk management, and governance, reaffirming their
     kepercayaan pemegang saham dan pemangku kepentingan.               dedication to maintaining shareholder and stakeholder trust.


     Pada tahun 2024, Perseroan berhasil meningkatkan kinerja pen-      In 2024, the Company successfully improved its sales perfor-
     jualan di tengah tantangan dan kondisi pasar properti yang be-     mance amidst the challenges and the property market condi-
     lum sepenuhnya pulih. Meskipun Perseroan belum berhasil men-       tions that have not yet fully recovered. Although the Company
     capai target penjualan yang ditetapkan pada awal tahun, namun      did not meet the sales target set at the beginning of the year,
     pencapaian marketing sales tahun 2024 lebih tinggi 72,4%           the marketing sales achievement in 2024 was 72.4% higher com-
     dibandingkan perolehan tahun 2023. Pada sisi kinerja keuangan,     pared to 2023. In terms of financial performance, the Company
     Perseroan juga berhasil menjaga profitabilitas, maupun posisi      also managed to maintain profitability and its financial position
     keuangan di neraca. Perseroan membukukan pendapatan usaha          on the balance sheet. The Company recorded revenue of Rp2.55
     Rp2,55 triliun, atau mengalami penurunan yang terutama di-         trillion, a decrease primarily caused by the low contribution from
     sebabkan rendahnya kontribusi segmen high-rise. Laba bersih        the high-rise segment. Net profit was recorded at Rp174.8 billion,
     tercatat mencapai Rp174,8 miliar, atau cukup stabil dibanding-     remaining relatively stable compared to 2023. This achievement
     kan tahun 2023. Pencapaian ini telah menjadi salah satu faktor     has been one of the factors evaluated by the Board of Commis-
     yang menjadi penilaian dari Dewan Komisaris terhadap kinerja       sioners in assessing the performance of the Directors throughout
     Direksi di sepanjang tahun 2024.                                   2024.


     PEMANTAUAN TERHADAP PERUMUSAN DAN IMPLE-                           SUPERVISION OF STRATEGY FORMULATION AND IM-
     MENTASI STRATEGI                                                   PLEMENTATION
     Berdasarkan pemantauan kami, Direksi berhasil merumuskan           Based on our monitoring, the Directors successfully formulated
     strategi-strategi penting dalam rangka menjaga pertumbuhan         key strategies to sustain business growth and development.


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PT Intiland Development Tbk                                                                                         Management Report


dan perkembangan usaha. Di tengah tantangan dan hambatan             Amidst existing challenges and obstacles, as well as the still re-
yang ada serta belum sepenuhnya pulih tingkat permintaan             covering demand for property, the Directors managed to execute
properti masyarakat, Direksi berhasil mengeksekusi rencana dan       the main plans and strategies related to operations, financial
strategi utama terkait operasional, pengelolaan keuangan, pen-       management, risk management, and expansion policies for both
gelolaan risiko, hingga kebijakan ekspansi pengembangan dari         ongoing and new projects.
proyek-proyek yang sedang dijalankan maupun lewat proyek
baru.


Dewan Komisaris menilai arah kebijakan yang disusun dan              The Board of Commissioners assesses that the policies set and
ditempuh Direksi berada di jalur yang tepat. Direksi menetap-        implemented by the Directors are on the right path. The Direc-
kan strategi pencapaian bisnis yang lebih optimistis dengan          tors has set a more optimistic business strategy by capitalizing
memanfaatkan momentum pemulihan sektor properti di tahun             on the recovery momentum in the property sector in 2024. The
2024. Direksi juga telah mengatasi sejumlah tantangan dan            Directors has also overcome various challenges and obstacles
rintangan yang ada serta sekaligus fokus mengeksplorasi setiap       while focusing on exploring growth opportunities. The Com-
peluang pertumbuhan usaha. Langkah cepat perusahaan untuk            pany’s quick shift in focus towards the development, market-
menggeser fokus pengembangan, pemasaran, dan penjualan               ing, and sales of residential and industrial estate segments was
pada segmen perumahan dan pengembangan kawasan industri              the right decision. This strategy proved effective in addressing
adalah keputusan yang tepat. Strategi ini efektif untuk mengha-      changes and dynamics in the property market, particularly re-
dapi perubahan dan dinamika di pasar properti, terutama terkait      garding the still low demand in the high-rise development seg-
masih rendahnya permintaan di segmen pengembangan high-              ment, especially for apartment products.
rise, khususnya produk apartemen.


Keikutsertaan Perseroan dalam proyek strategis Ibu Kota Nusan-       The Company’s participation in the Nusantara Capital City (IKN)
tara (IKN) adalah langkah penting bagi masa depan. Bersama           strategic project is a key step for the future. In collaboration with
mitra strategis, Perseroan mengembangkan tiga proyek terpadu:        strategic partners, the Company is developing three integrated
kawasan mixed-use (hotel, apartemen, ritel, olahraga, F&B),          projects: a mixed-use area (hotel, apartments, retail, sports,
kawasan Transit Oriented Development (TOD), dan perumahan            F&B), a Transit-Oriented Development (TOD) area, and a golf
golf. Dewan Komisaris mendukung ekspansi strategis ini, ber-         residential community. The Board of Commissioners supports
harap kontribusi Perseroan berdampak positif bagi ekonomi dan        this strategic expansion, expecting its contribution to positively
masyarakat. Pembangunan IKN adalah pencapaian penting yang           impact the economy and society. The development of IKN is a
mendorong pemerataan nasional.                                       significant achievement that promotes national growth equity.


Dewan Komisaris menilai Direksi telah merumuskan dan men-            The Board of Commissioners believes the Directors has formulat-
jalankan kebijakan strategis yang memberikan kepastian bagi          ed and implemented strategic policies that provide certainty for
pemangku kepentingan. Dengan pencapaian ini, kami yakin Di-          stakeholders. With these achievements, we are confident that
reksi mampu menghadapi tantangan, mengoptimalkan sumber              the Directors can overcome challenges, optimize resources, and
daya, dan membawa Perusahaan menuju kesuksesan.                      lead the Company to success.

PANDANGAN ATAS IMPLEMENTASI TATA KELOLA                              OPINIONS ON THE IMPLEMENTATION OF GOOD
PERUSAHAAN YANG BAIK DAN EVALUASI KINERJA                            CORPORATE GOVERNANCE AND PERFORMANCE
KOMITE                                                               EVALUATION OF THE COMMITTEES
Dewan Komisaris mengawasi dan memberi nasihat kepada Di-             The Board of Commissioners oversees and advises the Directors
reksi dengan dukungan Komite Audit serta Komite Nominasi             with support from the Audit Committee and the Nomination
dan Remunerasi. Dengan akses informasi komprehensif, evalu-          and Remuneration Committee. With comprehensive access to
asi dilakukan melalui rapat internal Dewan Komisaris dan rapat       information, evaluations are conducted through internal meet-
gabungan bersama Direksi. Kami menilai Perseroan telah me-           ings and joint meetings with the Directors. We assess that the
nerapkan tata kelola yang baik pada 2024, mencakup keuangan,         Company has maintained good governance in 2024, covering
pengendalian internal, audit, manajemen risiko, dan kepatuhan        finance, internal controls, audits, risk management, and regula-
regulasi.                                                            tory compliance.


Kami berpandangan bahwa Perseroan menjalankan prinsip-prin-          We believe that the Company has implemented governance
sip governansi dengan baik di tahun 2024. Dibantu oleh komite        principles effectively in 2024. With the support of the commit-
penunjang, Dewan Komisaris melaksanakan fungsi pengawasan            tees, the Board of Commissioners has carried out its supervisory
dan evaluasi terkait berbagai aspek seperti kualitas informasi       and evaluation functions concerning various aspects, including
keuangan, sistem pengendalian internal, efektivitas pemerik-         the quality of financial information, internal control systems, the
saan auditor eksternal dan internal, manajemen risiko, maupun        effectiveness of external and internal auditors’ audits, risk man-
kepatuhan terhadap peraturan perundang-undangan yang ber-            agement, and compliance with applicable laws and regulations.
laku.


Pada tahun 2024, Dewan Komisaris menyelenggarakan seba-              In 2024, the Board of Commissioners held 9 (nine) Internal Meet-
nyak 9 (sembilan) kali Rapat Internal, yang sebagian dihadiri oleh   ings, some of which were attended by the Audit Committee and


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     Laporan Manajemen                                                                                       Laporan Tahunan | Annual Report 2024


     Komite Audit dan Komite Nominasi dan Remunerasi. Tingkat           the Nomination and Remuneration Committee. The average at-
     kehadiran anggota Dewan Komisaris pada rapat-rapat tersebut        tendance rate of the members of the Board of Commissioners
     rata-rata mencapai 89%. Dewan Komisaris juga menyelengga-          at these meetings was 89%. The Board of Commissioners also
     rakan Rapat Gabungan dengan mengundang Direksi sebanyak 4          held 4 (four) Joint Meetings with the Directors, with an average
     (empat) kali dengan tingkat kehadiran rata-rata mencapai 100%.     attendance rate of 100%. Meanwhile, the attendance rate of the
     Sementara tingkat kehadiran anggota Dewan Komisaris pada 5         Board of Commissioners at 5 (five) Joint Meetings held by the
     (lima) Rapat Gabungan yang diselenggarakan oleh Direksi men-       Directors was 100%.
     capai 100%.


     Dalam rapat internal dan gabungan, Dewan Komisaris mem-            In internal and joint meetings, the Board of Commissioners
     bahas kondisi terkini, kinerja, sumber daya manusia, risiko, dan   discussed current conditions, performance, human resources,
     tata kelola. Arahan dan masukan diberikan sesuai peran, dengan     risk management, and governance. Guidance and input were
     keputusan yang ditindaklanjuti dan diawasi oleh Direksi.           provided as per their role, with decisions followed up and moni-
                                                                        tored by the Board of Directors.


     Dewan Komisaris menilai Komite Audit dan Komite Nominasi dan       The Board of Commissioners assesses that the Audit Commit-
     Remunerasi telah menjalankan perannya dengan baik di 2024,         tee and the Nomination and Remuneration Committee have
     mendukung tata kelola dan pertumbuhan berkelanjutan. Kedua         effectively fulfilled their roles in 2024, supporting governance
     komite rutin melaporkan risiko, kontrol internal, dan strategi     and sustainable growth. Both committees regularly reported on
     SDM. Kami mengapresiasi dedikasi dan kontribusi mereka bagi        risk management, internal controls, and HR strategies. We ap-
     kemajuan Perusahaan.                                               preciate their dedication and contributions to the Company’s
                                                                        progress.

     Pada 2024, seluruh organ tata kelola melakukan self-assessment.    In 2024, all governance bodies conducted a self-assessment. The
     Dewan Komisaris mengevaluasi hasilnya dan menilai tugas telah      Board of Commissioners evaluated the results and concluded
     dijalankan dengan baik. Anggota memahami perannya, memberi         that responsibilities were well executed. Members understood
     masukan, dan rapat diadakan sesuai ketentuan.                      their roles, provided input, and meetings were held as required.


     PERUBAHAN KOMPOSISI DEWAN KOMISARIS                                CHANGES IN THE COMPOSITION OF THE BOARD OF
                                                                        COMMISSIONERS
     Pada tahun 2024 terdapat perubahan susunan Dewan Komisaris         In 2024, there was a change in the composition of the Compa-
     Perseroan. Melalui Rapat Umum Pemegang Saham (RUPS) Tahu-          ny’s Board of Commissioners. During the Annual General Meet-
     nan yang diselenggarakan pada 30 Mei 2024, menerima pengun-        ing of Shareholders (AGMS) held on May 30, 2024, the resigna-
     duran diri Ibu Ping Handayani Hanli selaku Direktur Perseroan      tion of Ms. Ping Handayani Hanli as the Company’s Director was
     dan sekaligus menyetujui pengangkatan Beliau selaku Komisa-        accepted, and at the same time, her appointment as the Compa-
     ris Perseroan. Berdasarkan keputusan RUPS Tahunan tersebut,        ny’s Commissioner was approved. Based on the resolution of the
     maka komposisi Dewan Komisaris Perseroan terdiri dari enam         AGMS, the composition of the Company’s Board of Commission-
     orang yakni satu Komisaris Utama, satu Wakil Komisaris Utama       ers now consists of six members: one President Commissioner,
     dan Komisaris Independen, dua Komisaris Independen, dan dua        one Vice President Commissioner and Independent Commis-
     Komisaris. Berdasarkan komposisi tersebut, jumlah anggota          sioner, two Independent Commissioners, and two Commission-
     Komisaris Independen Perseroan sebesar 50%, sehingga telah         ers. With this composition, the number of Independent Commis-
     menenuhi persyaratan yang diatur dalam Peraturan Otoritas Jasa     sioners in the Company is 50%, thus fulfilling the requirements
     Keuangan.                                                          set forth by the Financial Services Authority regulations.


     Seluruh anggota Dewan Komisaris Perseroan memiliki kompe-          All members of the Company’s Board of Commissioners possess
     tensi, pengalaman, kepemimpinan, keahlian, dan latar belakang      competencies, experience, leadership, expertise, and education-
     pendidikan formal yang saling mendukung serta saling meleng-       al backgrounds that complement and support one another. With
     kapi. Dengan keberagaman komposisi tersebut, masing-masing         this diverse composition, each member of the Board of Commis-
     anggota Dewan Komisaris dapat dengan baik melaksanakan             sioners is well-equipped to effectively carry out their supervisory
     fungsi pengawasan dan penasihatan kepada Direksi dalam men-        and advisory functions to the Directors in managing the Com-
     jalankan pengelolaan Perusahaan.                                   pany.


     PANDANGAN ATAS PROSPEK USAHA JANGKA PAN-                           VIEW ON LONG-TERM BUSINESS PROSPECTS
     JANG
     Prospek industri properti 2025 tetap menantang namun berpo-        The property industry outlook for 2025 remains challenging
     tensi tumbuh. Ketegangan global bisa mempengaruhi investasi,       but holds growth potential. Global tensions may impact invest-
     namun kebijakan pemerintah mendukung stabilitas ekonomi            ment, but government policies support economic stability and
     dan sektor properti.                                               the property sector.


     Kami optimis terhadap prospek usaha Perseroan meski ada tan-       We remain optimistic about the Company’s business prospects
     tangan. Direksi telah menyusun strategi dengan target realistis,   despite challenges. The Directors has developed strategic plans


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PT Intiland Development Tbk                                                                                    Management Report


mempertimbangkan risiko dan sumber daya. Kami mendukung            with realistic targets, considering risks and resources. We sup-
rencana ini dengan arahan agar ekspansi dilakukan hati-hati dan    port these plans while advising caution in expansion and ensur-
tata kelola tetap terjaga.                                         ing strong governance.


Dengan pengalaman, keahlian, dan portofolio yang kuat, kami        With its experience, expertise, and diverse portfolio, we believe
yakin Intiland dapat terus tumbuh dan meningkatkan kinerja se-     Intiland will continue to grow and enhance its performance sus-
cara berkelanjutan.                                                tainably.


APRESIASI                                                          APPRECIATION
Atas nama Dewan Komisaris, saya menyampaikan terima kasih          On behalf of the Board of Commissioners, I would like to express
dan penghargaan atas kerja keras jajaran Direksi beserta seluruh   my gratitude and appreciation for the hard work of the Direc-
karyawan, anggota Komite Penunjang, pelanggan, mitra, peme-        tors, all employees, members of the Supporting Committees,
gang saham, dan semua pemangku kepentingan. Saya meyakini          customers, partners, shareholders, and all stakeholders. I am
dan percaya seluruh insan Intiland punya komitmen kuat untuk       confident that all Intiland employees have a strong commitment
memberikan yang terbaik bagi bagi perusahaan maupun seluruh        to delivering the best for the Company and all stakeholders. The
pemangku kepentingan. Tantangan, peluang, dan dinamika yang        challenges, opportunities, and dynamics throughout 2024 have
terjadi sepanjang tahun 2024 menjadi pengalaman dan motivasi       become valuable experience and motivation for all Intiland em-
bagi segenap insan Intiland untuk memberikan kontribusi ter-       ployees to contribute their best to the Company’s long-term and
baik bagi pertumbuhan perusahaan secara jangka panjang dan         sustainable growth.
berkelanjutan.


Sinarto Dharmawan                                                  Sinarto Dharmawan
Komisaris Utama                                                    President Commissioner




     Graha Natura                                                                                                                      29
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     Laporan Manajemen   Laporan Tahunan | Annual Report 2024




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Laporan Direksi
Report of the Board of Directors




                                                                Di tengah peluang dan tantangan 2024,
                                                                Direksi mengoptimalkan sumber daya
                                                                untuk pertumbuhan berkelanjutan.
                                                                Amid the opportunities and challenges of 2024, the Board of Di-
                                                                rectors optimized resources for sustainable growth.




         Utama Gondokusumo




Pemegang Saham dan Pemangku Kepentingan yang terhormat,
Honorable Shareholders and Stakeholders,

Atas nama Direksi PT Intiland Development Tbk, saya menyam-     On behalf of the Board of Directors of PT Intiland Development
paikan Laporan Tahunan 2024 dengan hasil positif. Pencapaian    Tbk, I am pleased to present the 2024 Annual Report highlighting
ini mencerminkan kerja keras manajemen dan karyawan sepan-      positive results that reflect the hard work of our management
jang tahun.                                                     and employees throughout the year.


Kami mencermati bahwa sektor properti nasional bergerak di-     We observe that the national property sector in 2024 has expe-
namis di 2024, meski menghadapi tantangan. Manajemen dan        rienced dynamic movement, despite facing various challenges.
karyawan telah berupaya mencari solusi terbaik untuk menjaga    The management and employees have consistently sought the
kinerja dan mendukung pertumbuhan berkelanjutan.                best solutions to maintain performance and support sustainable
                                                                growth.


Dalam suasana berduka karena berpulangnya Bapak Hendro          It is with deep sadness that we announce the passing of Mr. Hen-
Santoso Gondokusumo, pendiri dan Direktur Utama Perseroan       dro Santoso Gondokusumo, the founder and President Director
pada 13 Maret 2025 di Singapura, saya mewakili jajaran Di-      of the Company, on March 13, 2025, in Singapore. On behalf of
reksi menyampaikan terima kasih dan apresiasi mendalam atas     the Board of Directors, we would like to express our deepest gra-
dukungan dari Pemegang Saham dan Pemangku Kepentingan.          titude and appreciation for the support from Shareholders and
Kami menyampaikan penghormatan yang setinggi-tingginya          Stakeholders. We pay our highest respects to Mr Hendro Santoso
atas jasa-jasa Bapak Hendro Santoso Gondokusumo selama ini.     Gondokusumo for his invaluable contributions.



KEBIJAKAN STRATEGIS PERSEROAN                                   THE STRATEGIC POLICIES OF THE COMPANY
Direksi menetapkan strategi utama untuk menjaga pertumbu-       The Board of Directors set forth key strategies to sustain growth
han di 2024 dengan mengoptimalkan tren ekonomi dan dinami-      in 2024 by optimizing economic trends and the dynamics of pro-
ka sektor properti. Fokus utama mencakup penguatan penjualan,   perty sector. Our main focus areas included strengthening sales,


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     Laporan Manajemen                                                                                       Laporan Tahunan | Annual Report 2024


     perbaikan struktur keuangan, pengurangan utang, divestasi aset     improving financial structure, reducing debt, divesting non-core
     non-inti, dan pengembangan proyek yang telah berjalan.             assets, and continuing the development of ongoing projects.


     Perseroan memprioritaskan sektor perumahan dan kawasan in-         The Company prioritizes the residential and industrial estate sec-
     dustri yang menunjukkan permintaan tinggi. Proyek perumahan        tors, which have shown high demand. Residential projects were
     dikembangkan di Jakarta, Tangerang, dan Surabaya, sementara        developed in Jakarta, Tangerang, and Surabaya, while industrial
     kawasan industri difokuskan di Batang dan Ngoro, dimana pen-       estates were concentrated in Batang and Ngoro. Land sales in
     jualan lahan industri di Batang memberikan kontribusi signifikan   Batang particularly, contributed significantly to the Company’s
     terhadap pendapatan Perseroan.                                     revenue.


     Dari sisi keuangan, Perseroan berhasil menurunkan beban utang      On the financial side, the Company successfully reduced debt
     dan melunasi Sukuk Ijarah senilai Rp125 miliar. Dana dari pener-   and repaid Sukuk Ijarah worth IDR 125 billion. The funds from
     bitan sukuk digunakan untuk restrukturisasi utang dan modal        the Sukuk issuance were used for debt restructuring and work-
     kerja. Perseroan juga melepas aset non-inti untuk memperkuat       ing capital. The Company also divested non-core assets to
     struktur keuangan.                                                 strengthen its financial structure.


     Di bidang pemasaran, kampanye “Intiland Sunshine Fair” men-        In marketing, the “Intiland Sunshine Fair” campaign drove sales
     dorong penjualan dengan menawarkan berbagai properti dan           by offering various properties and taking advantage of the
     memanfaatkan insentif Pajak Pertambahan Nilai Ditanggung           Government’s Value Added Tax incentive program called PPN-
     Pemerintah (PPN-DTP). Dengan strategi ini, Perseroan optimis       DTP. With this strategy, the Company remains optimistic about
     menghadapi 2024 dengan pertumbuhan yang berkelanjutan.             achieving sustainable growth in 2024.



     PERAN DIREKSI DALAM MERUMUSKAN KEBIJAKAN                           THE ROLES OF THE BOARD OF DIRECTORS IN FOR-
     STRATEGIS                                                          MULATING STRATEGIC POLICIES
     Direksi menjalankan tugasnya dengan berpedoman pada visi,          The Board of Directors has carried out its duties by adhering to
     misi, dan tujuan jangka panjang Perseroan. Sepanjang 2024, Di-     the Company’s vision, mission, and long-term goals. Throughout
     reksi merumuskan strategi melalui rapat rutin dengan Dewan         2024, the Board formulated strategies through regular meetings
     Komisaris dan pihak terkait untuk memastikan kebijakan yang        with the Board of Commissioners and relevant parties to ensure
     diambil selaras dengan kepentingan Perseroan.                      that policies align with the interest of the Company.


     Setiap keputusan disusun dengan prinsip tata kelola yang baik      Every decision was made in accordance with good corporate
     dan kepatuhan terhadap regulasi. Konsultasi dengan Dewan           governance principles and regulatory compliance. Consultations
     Komisaris menjadi bagian dari kontrol internal untuk mengelola     with the Board of Commissioners were n integral part of internal
     risiko dan menjaga reputasi Perseroan.                             controls to manage risks and uphold the Company’s reputation.



     PROSES YANG DIJALANKAN DIREKSI DALAM IMPLE-                        THE PROCESS IMPLEMENTED BY THE BOARD OF DI-
     MENTASI STRATEGI                                                   RECTORS IN STRATEGY EXECUTION
     Direksi memastikan strategi Perseroan diterapkan melalui Ren-      The Board of Directors ensured the implementation of the Com-
     cana Kerja dan Anggaran (RKA) serta pengawasan berkala ter-        pany’s strategy through the Work Plan and Budget (RKA) and
     hadap kinerja dan risiko. Analisis kesenjangan antara target dan   periodic monitoring of performance and risks. Gap analysis be-
     realisasi digunakan untuk pengambilan keputusan strategis.         tween targets and realizations was used for strategic decision-
                                                                        making.

     Sepanjang 2024, Direksi menjalankan strategi secara efektif me-    Throughout 2024, the Board effectively executed the strategies
     lalui koordinasi internal, pengawasan, dan langkah korektif jika   through internal coordination, supervision, and corrective mea-
     diperlukan. Diskusi dengan pihak eksternal juga dilakukan untuk    sures when necessary. Discussions with external parties were
     mengantisipasi perubahan ekonomi, politik, dan regulasi. Se-       also conducted to anticipate economic, political, and regulatory
     cara keseluruhan, kebijakan strategis 2024 berjalan adaptif dan    changes. Overall, the strategic policies of 2024 were adaptable
     sesuai rencana.                                                    and aligned with the planned objectives.



     PENCAPAIAN KINERJA 2024                                            2024 PERFORMANCE ACHIEVEMENTS
     Perseroan mencermati gambaran umum sektor properti nasional        The Company observed that while the overall national property
     belum sepenuhnya membaik di tahun 2024. Pertumbuhan yang           sector did not fully recovered in 2024, significant growth was
     menggembirakan terutama terjadi di segmen pengembangan             seen in the residential and industrial estate segments, which ex-
     perumahan dan kawasan industri yang mengalami tren pening-         perienced an increasing demand trend. In contrast, the high-rise
     katan permintaan. Sebaliknya, pada segmen hunian high-rise,        residential segment, particularly apartment products, showed
     khususnya produk apartemen permintaan masih terbilang stag-        stagnant demand without notable growth.
     nan dan belum menunjukkan peningkatan.


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PT Intiland Development Tbk                                                                                     Management Report


Fokus Perseroan adalah meningkatkan penjualan, terutama dari       The Company’s focus was to boost sales, particularly for ready-
unit-unit siap huni atau siap pakai di sejumlah proyek. Di tahun   to-occupy or ready-to-use units in several projects. In 2024, the
2024, Perseroan mencapai 82% dari target Rp2 triliun dengan        Company achieved 82% of its target of IDR 2 trillion, recording
membukukan marketing sales Rp1,64 triliun. Dibandingkan de-        marketing sales of IDR 1.64 trillion. Compared to 2023’s achieve-
ngan perolehan tahun 2023 sebesar Rp950,7 miliar, pencapai-        ment of IDR 950.7 billion, this represents a 72.4% increase. The
an tersebut meningkat sebesar 72,4%. Rendahnya penjualan           gap to target was mainly due to weaker performance in apart-
produk apartemen dan perkantoran serta terbatasnya jumlah          ment and office products and limited new project launches.
peluncuran proyek baru di sepanjang tahun 2024 menjadi pe-
nyebab utama belum tercapainya target penjualan.


Strategi Perseroan untuk memperkuat penjualan lahan kawasan        The Company’s strategy to strengthen land sales in industrial es-
industri membuahkan hasil positif. Segmen kawasan industri         tate yielded positive results. The industrial estate segment con-
mencatatkan kontribusi marketing sales Rp567 miliar atau me-       tributed IDR 567 billion in marketing sales, surpassing the target
lampaui target senilai Rp422,7 miliar dan sekaligus lebih tinggi   of IDR 422.7 billion and increasing by 67.6% compared to 2023.
67,6% dibandingkan tahun 2023. Penjualan terutama bersum-          The sales were primarily driven by Batang Industrial Park (BIP) in
ber dari Batang Industrial Park (BIP) di Jawa tengah dan Ngoro     Central Java, Ngoro Industrial Park (NIP) in East Java, and ware-
Industrial Park (NIP) yang berlokasi di Jawa Timur, serta pergu-   house facilities in Aeropolis, Tangerang.
dangan di Aeropolis, Tangerang.


Strategi Perseroan untuk menggeser fokus penjualan ke segmen       The Company’s strategy to shift its sales focus to the landed hous-
rumah tapak terbukti efektif. Kebutuhan terhadap unit-unit ru-     ing segment proved effective. The demand for more affordable
mah dengan harga lebih terjangkau meningkat seiring langkah        housing units increased in line with the government’s decision to
pemerintah memperpanjang periode berlakunya insentif PPN           extend the PPN DTP incentive program through the end of 2024.
DTP hingga akhir tahun 2024.


Berdasarkan lokasinya, proyek-proyek di Jakarta dan Tangerang      In terms of location, projects in Jakarta and Tangerang contrib-
memberikan kontribusi marketing sales Rp561,9 miliar, atau 34%     uted IDR 561.9 billion, or 34% of total marketing sales, while
dari keseluruhan, sementara proyek-proyek di Surabaya dan seki-    projects in Surabaya and its surrounding contributed IDR 1.08
tarnya memberikan kontribusi Rp1,08 triliun atau 66% dari ke-      trillion, or 66%
seluruhan.


Berdasarkan laporan keuangan per 31 Desember 2024 yang telah       Based on the audited financial statements as of December 31,
diaudit, dari target sebesar Rp3,07 triliun Perseroan membuku-     2024, the Company recorded revenue of IDR 2.55 trillion, achiev-
kan pendapatan usaha Rp2,55 triliun, atau 83,1%. Pencapaian ini    ing 83.1% of its target of IDR 3.07 trillion. This achievement was
bersumber dari pendapatan pengembangan sebesar Rp1,67 trili-       sourced from development income of IDR 1.67 trillion and re-
un dan sisanya berasal dari pendapatan berkelanjutan sebesar       curring income of IDR 883.7 with contribution of 65% and 35%,
Rp883,7 miliar, dimana masing-masing memberikan kontribusi         respectively. Compared to 2023’s revenue of IDR 3.91 trillion, this
sebesar 65% dan 35%. Dibandingkan pendapatan usaha tahun           represents a 35% decrease, primarily due to high recognition of
2023 sebesar Rp3,91 triliun, terjadi penurunan sebesar 35%. Fak-   apartment sales in 2023. In 2024 the high-rise segment contri-
tor utama penurunan adalah tingginya pengakuan penjualan           buted IDR 371.8 billion, a significant drop from previous year’s
apartemen di tahun 2023. Tahun 2024 kontribusi segmen high-        IDR 2.02 trillion.
rise mencapai Rp371,8 miliar, menurun dibandingkan tahun se-
belumnya yaitu sebesar Rp2,02 triliun.


Segmen perumahan masih memberikan kontribusi pendapatan            The residential segment remained the largest contributor to re-
usaha terbesar, mencapai Rp659,4 miliar atau menurun 23%           venue, reaching IDR 659.4 billion, representing 23% decline com-
dibandingkan tahun 2023 sebesar Rp861,5 miliar. Kontributor        pared to IDR 861.5 billion in 2023. The main contributors to this
dari segmen ini terutama dari penjualan unit rumah di Serenia      segment were sales of house units in Serenia Hills and Virya Se-
Hills dan Virya Semanan di Jakarta, Talaga Bestari di Tangerang,   manan in Jakarta, Talaga Bestari in Tangerang, and Graha Natura
serta Graha Natura di Surabaya.                                    in Surabaya.


Segmen kawasan industri menorehkan pertumbuhan signifikan          The industrial estate segment experienced significant growth,
dengan kontributor pendapatan mencapai Rp638,3 miliar atau         contributing IDR 638.3 billion or 25% of total revenue, which ex-
25% dari keseluruhan. Perolehan ini lebih tinggi 336% dari tar-    ceeded the target by 336% and increased 159% from 2023’s IDR
get serta meningkat 159% dibandingkan tahun 2023 sebesar           246.2 billion.
Rp246,2 miliar.


Segmen properti investasi yang merupakan sumber pendapatan         The investment properties segment, which generates recur-
berkelanjutan membukukan pendapatan usaha Rp883,8 miliar,          ring income, recorded revenue of IDR 883.8 billion contributing
atau berkontribusi 35% dari keseluruhan. Perolehan tersebut        35% of the total, representing 97% of the target and a 15% in-
setara 97% dari target perencanaan dan meningkat 15% dari          crease from 2023’s IDR 771.3 billion. This income was primarily


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     Laporan Manajemen                                                                                         Laporan Tahunan | Annual Report 2024


     perolehan tahun 2023 sebesar Rp771,3 miliar. Pendapatan usaha        from office leasing, sports facilities management, and property
     segmen ini berasal dari penyewaan perkantoran, pengelolaan           management services. Additionally, the Company also recog-
     sarana olah raga dan manajemen properti. Sebagai tambahan,           nized non-core asset sales in 2024. The Company successfully
     Perseroan juga mencatatkan pengakuan penjualan aset non-inti         enhanced its recurring income performance despite ongoing
     di tahun 2024. Perseroan berhasil meningkatkan kinerja recur-        challenges in the office rental market, where rental rates have
     ring income di tengah tantangan tarif sewa perkantoran yang          yet to demonstrate meaningful recovery.
     belum membaik.


     Dari pencapaian tersebut, kinerja profitabilitas Perseroan me-       Despite these achievements, The Company’s profitability was
     ngalami tekanan di tahun 2024. Laba kotor dan laba usaha ma-         under pressure in 2024. Gross profit and operating profit were
     sing-masing tercatat sebesar Rp785,4 miliar dan Rp457,2 miliar,      recorded at IDR 785.4 billion and IDR 457.2 billion, respective-
     atau menunjukan penurunan signifikan dibandingkan tahun              ly, showing significant declines compared to 2023. Amid these
     2023. Di tengah tantangan, Perseroan berhasil membukukan             challenges, the Company managed to record a net profit attri-
     laba tahun berjalan yang dapat diatribusikan kepada pemilik en-      butable to the parent entity of IDR 174.8 billion in 2024, remain-
     titas induk sebesar Rp174,8 miliar, atau relatif stabil dibanding-   ing relatively stable compared to 2023’s Rp174.1 billion.
     kan tahun 2023 senilai Rp174,1 miliar.



     PERKEMBANGAN PEREKONOMIAN DAN SEKTOR                                 ECONOMIC AND PROPERTY SECTOR DEVELOPMENTS
     PROPERTI
     Kami menyadari bahwa sektor properti nasional dipengaruhi            We acknowledge that the national property sector has been af-
     oleh dinamika ekonomi baik di tingkat domestik maupun glo-           fected by both domestic and global economic dynamics. In 2024,
     bal. Pada 2024, ekonomi global menghadapi tantangan dengan           the global economy faced challenges, with an estimated growth
     proyeksi pertumbuhan sekitar 2,7%, tertahan oleh kontraksi           projection of 2.7%, held back by economic contractions and con-
     ekonomi serta konflik di Amerika Serikat, China, dan beberapa        flicts in the United States, China, and several European countries.
     negara Eropa.


     Sebaliknya, perekonomian Indonesia menunjukkan kinerja               In contrast, Indonesia’s economy showed positive performance,
     positif dengan pertumbuhan 5,03% pada 2024, menurut laporan          with a growth rate of 5.03% in 2024, according to Bank ’ndone-
     Bank Indonesia. OECD memperkirakan angka ini meningkat men-          sia’s report. The OECD projects this number to rise to 5.2% in
     jadi 5,2% pada 2025, menjadikan Indonesia salah satu negara          2025, making Indonesia one of the best-performing economies
     dengan pertumbuhan ekonomi terbaik di G20. Stabilitas ini di-        in the G20. This stability is supported by strong private consump-
     topang oleh konsumsi swasta yang kuat, peningkatan investasi,        tion, increased investment, and growing export driven by global
     dan ekspor yang tumbuh akibat permintaan komoditas global.           commodity demand.


     Kami mengapresiasi keberhasilan Pemerintah dalam menjaga             We commend the Government’s success in maintaining eco-
     stabilitas ekonomi di tengah ketidakpastian global. Fundamental      nomic stability amid global uncertainties. The strong economic
     ekonomi Indonesia yang kuat menjadi faktor kunci dalam men-          fundamentals of Indonesia are key factors in supporting the re-
     dukung pemulihan industri properti.                                  covery of the property industry.


     Pada 2024, sektor properti menunjukkan sinyal perbaikan, ter-        In 2024, the property sector showed signs of improvement, par-
     utama di segmen perumahan dan kawasan industri. Penjualan            ticularly in the residential and industrial estate segments. Sales
     rumah tapak meningkat, terutama untuk segmen menengah                of landed houses increased, especially in the middle-market seg-
     yang didukung oleh insentif PPN-DTP. Pemerintah memberikan           ment, supported by the Government’s PPN DTP incentive. The
     PPN-DTP 100% hingga Juni 2024, kemudian 50% hingga Desem-            Government extended the 100% PPN DTP until June 2024, then
     ber 2024, dan akhirnya diperpanjang kembali menjadi 100%             50% until December 2024, and eventually extended it back to
     untuk September–Desember 2024 melalui Peraturan Menteri              100% for the period of September to December 2024 through
     Keuangan No. 61 Tahun 2024.                                          Minister of Finance Regulation No. 61 of 2024.


     Dengan kondisi ini, kami optimistis bahwa prospek industri           With these conditions, we are optimistic that the prospects for
     properti akan terus membaik. Meskipun belum semua segmen             the property industry will continue to improve. Although not all
     mengalami pertumbuhan signifikan, stabilitas ekonomi, kondisi        segments have experienced significant growth, economic stabil-
     politik yang kondusif, serta meningkatnya kebutuhan properti         ity, a conducive political environment, and increased property
     menjadi faktor utama dalam menjaga momentum pertumbuhan              demand are key factors in maintaining the growth momentum
     dan operasional Perseroan di masa depan.                             and operational success of the Company moving forward.




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PT Intiland Development Tbk                                                                                       Management Report


PERKEMBANGAN USAHA PERSEROAN                                        COMPANY BUSINESS DEVELOPMENT
Dalam menghadapi dinamika perubahan di tahun 2024, Per-             In response to the dynamic changes of 2024, the Company has
seroan melakukan berbagai upaya adaptasi, melahirkan inovasi-       taken various adaptation measureslaunched new innovations,
inovasi baru, menerapkan efisiensi proses usaha, serta mem-         implemented business process efficiencies, and strengthened
perkuat strategi pemasaran dengan menyasar target pasar yang        marketing strategies targeting more potential markets.
lebih potensial.


Kami berupaya menjaga stabilitas kinerja, memanfaatkan setiap       We strive to maintain performance stability, seize growth op-
peluang pertumbuhan, serta meningkatkan penjualan. Direksi          portunities, and enhance sales. The Board of Directors has un-
telah menempuh sejumlah langkah penting dalam perkemba-             dertaken significant steps in business development focusing on
ngan usaha dengan berpijak pada empat strategi pertumbuhan          four main growth strategies: organic growth, acquisition oppor-
utama yang meliputi pertumbuhan organik, peluang akuisisi,          tunities, strategic partnership, and capital and investment man-
kemitraan strategis, serta pengelolaan modal dan investasi.         agement.


Pada 2024, kami juga berhasil menjalankan langkah penting un-       In 2024, we also achieved key milestones to ensure smooth busi-
tuk memastikan operasional usaha berjalan dengan baik serta         ness operations and enhance the effectiveness of sales and oper-
meningkatkan efektivitas kinerja penjualan dan pendapatan           ating income. Our growth strategy is still focused on developing
usaha. Strategi pertumbuhan melalui pengembangan baru               ongoing projects, particularly in the residential segment.
masih kami fokuskan pada proyek-proyek yang ada, khususnya
pada segmen perumahan.


Perseroan meluncurkan sejumlah pengembangan baru seperti            The Company launched several new developments, including
Tierra Residence, sebuah klaster perumahan yang menjadi bagi-       Tierra Residence, a residential cluster as part of the Tierra mixed-
an dari pengembangan kawasan mixed-use Tierra di Darmo Hara-        use development in Darmo Harapan, West Surabaya. Targeting
pan, Surabaya Barat. Menyasar segmen pasar menengah-atas,           the upper-middle market segment, Tierra Residence consists of
Tierra Residence dikembangkan secara terbatas hanya 37 unit         37 units, featuring a tropical modern living concept. Alongside-
dengan mengusung konsep hunian tropical modern. Melengkapi          Tierra Residence, the Company also launched Loop at Tierra, a
pengembangan kawasan Tierra, Perseroan juga meluncurkan             communal culinary facility. Another development is the commu-
Loop at Tierra sebuah fasilitas kuliner komunal. Pengembangan       nity center in Amesta Living, Surabaya, which serves as a public
lainnya yakni pembangunan community center di perumahan             facility for residents, complete with jogging track, playground,
Amesta Living, Surabaya, sebagai fasilitas publik bagi penghuni     commercial areas, and a meeting points.
yang dilengkapi dengan jogging track, playground, commercial
area, hingga meeting point.


Perseroan juga menghadirkan Lily by the Lake, sebuah pengem-        The Company also introduced Lily by the Lake, a new residential
bangan klaster terbaru seluas 1,7 hektare yang lokasinya di ping-   cluster development spanning 1.7-hectares located on the edge
gir danau Dream Lake, Graha Natura, Surabaya. Klaster hunian        of Dream Lake in Graha Natura, Surabaya. This residential cluster
ini menyediakan 54 unit rumah dua lantai yang terbagi ke dalam      offers of 54 two-storey homes divided into nine different distinct
9 pilihan tipe berbeda yang masing-masing memiliki keunikan         types, each with unique dimensions and features tailored to
dimensi serta daya tarik sesuai kebutuhan konsumen.                 meet various consumer needs.


Langkah penting lainnya adalah keputusan Perseroan untuk ber-       Another significant step was the Company’s decision to partici-
partisipasi pada megaproyek pembangunan Ibu Kota Nusantara          pate in the mega-project of developing the new capital city of Ibu
(IKN) di Kalimantan. Pada bulan Agustus 2024, kami melaksana-       Kota Nusantara (IKN) in Kalimantan. In August 2024, we held a
kan peletakan batu pertama atau groundbreaking yang dilaku-         the groundbreaking ceremony led by the President of Republic of
kan oleh Presiden Republik Indonesia Bapak Joko Widodo di Ka-       Indonesia Mr. Joko Widodo at the Central Government Core Area
wasan Inti Pusat Pemerintahan (KIPP) IKN 1B. Langkah ekspansi       (KIPP) IKN 1B. This expansion is a tangible form of our strong sup-
ini merupakan wujud dukungan nyata dan optimisme terhadap           port and optimism for IKN’s future as a modern and sustainable
masa depan IKN sebagai pusat pemerintahan dan perekonomian          center for governance and economic activity.
baru yang modern dan berkelanjutan.


Dalam mengembangkan proyek di IKN, kami berkolaborasi de-           In developing the IKN project, we collaborate with strategic part-
ngan mitra strategis baik secara teknis maupun finansial. Dalam     ners, both technically and financially. Current plans include de-
perencanaan saat ini adalah pengembangan proyek perumahan           veloping housing for civil servants (ASN) under a Public-Private
Aparatur Sipil Negara (ASN) dengan skema Kerjasama Pemerin-         Partnership (PPP) scheme, as well as mixed-use developments
tah Badan Usaha (KPBU), pengembangan kawasan mixed-use              and Transit-Oriented Development (TOD) areas.
dan kawasan Transit-Oriented Development (TOD).


Kami memproyeksikan adanya peluang dan prospek positif di           We foresee positive prospects in the residential property mar-
pasar perumahan ke depan. Mengantisipasi tren tersebut, pada        ket. In anticipation of this trend, the Company has begun early
tahun 2024 Perseroan telah memulai tahapan persiapan awal           preparations in 2024 for new developments in several locations


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     Laporan Manajemen                                                                                        Laporan Tahunan | Annual Report 2024


     pengembangan proyek baru di sejumlah lokasi di Jakarta mau-         in Jakarta and around Surabaya. These new projects are slated
     pun di sekitar Surabaya. Proyek-proyek baru ini rencananya dilun-   to launch in 2025, taking into consideration internal readiness,
     curkan di tahun 2025 dengan tetap mempertimbangkan faktor           economic conditions, market absorption capacity, and the most
     kesiapan internal, kondisi perekonomian, daya serap pasar, serta    strategic timing for market introduction.
     momentum terbaik memperkenalkan ke konsumen.


     Penerapan prinsip penuh kehati-hatian dalam setiap kebijakan        A cautious approach in every policy is a key risk management
     menjadi langkah penting dalam pengelolaan risiko di tengah          measure amid ongoing market uncertainties. We tend to adopt
     kondisi pasar yang masih penuh tentangan. Kami cenderung            conservative stance in and in deciding on new project develop-
     menempuh langkah konservatif dalam melakukan ekspansi dan           ments. Every resource is carefully deployed to ensure that stra-
     memutuskan setiap pengembangan proyek baru. Pendayagu-              tegic decisions are effective in achieving long-term business
     naan setiap sumber daya dijalankan secara hati-hati agar setiap     growth.
     keputusan strategis berjalan efektif untuk mencapai target per-
     tumbuhan usaha secara jangka panjang.


     Di pasar modal, kinerja saham Intiland bergerak dinamis namun       In the capital market, the Company’s shares performance fluctu-
     mengalami penurunan 16 % sepanjang tahun 2024. Pada sesi            ated but recorded a 16% decline throughout 2024. At the open-
     pembukaan perdagangan saham tahun 2024, saham berkode               ing of the 2024 trading year, the Company’s shares (ticker: DILD)
     DILD ini ditransaksikan di harga Rp198 per lembar. Pada sesi pe-    were priced at IDR 198 per share. By the close of trading on De-
     nutupan pedagangan saham tanggal 31 Desember 2024, harga            cember 31, 2024, the stock closed at IDR 162 per share. Through-
     saham Intiland ditutup di posisi Rp162 per lembar. Sepanjang ta-    out the year, the highest recorded price was IDR 230 per share on
     hun 2024, saham Perseroan menorehkan harga tertinggi Rp230          September 24, 2024 and the lowest lowest was IDR 151 per share
     per lembar pada 24 September 2024 serta posisi terendah pada        on June 25, 2024.
     25 Juni 2024 di harga Rp151 per lembar.


     Untuk meningkatkan hubungan investor, Perseroan menyeleng-          To strengthen investor relations, the Company held seven meet-
     garakan tujuh pertemuan dengan investor dan analis dari dalam       ings with both domestic and international investors and analysts
     maupun luar negeri sepanjang tahun 2024. Kegiatan ini bertu-        during 2024. These activities aimed to provide in-depth informa-
     juan memberikan informasi lebih mendalam tentang perkem-            tion on corporate developments and project expansions, and to
     bangan Perseroan dan ekspansi proyek untuk memperkenalkan           introduce the Company to broader investment community.
     Intiland kepada komunitas investor.


     Perseroan menerapkan prinsip kehati-hatian dalam setiap ke-         We apply prudent financial policies to maintain a healthy finan-
     bijakan keuangan yang dijalankan, untuk menjaga struktur            cial structure and to ensure adequate funding for both short- and
     keuangan tetap baik serta memastikan ketersediaan dana bagi         long-term business development. Key measures include restruc-
     pengembangan usaha secara jangka pendek maupun jangka               turing debt positions with several banks through refinancing
     panjang. Upaya penting yang dijalankan termasuk merestruk-          schemes or extended credit terms. By the end of 2024, the Com-
     turisasi posisi hutang di sejumlah bank, baik melalui skema         pany’s total liabilities decreased by 13% compared to the previ-
     pendanaan kembali atau perpanjangan periode kredit. Hingga          ous year. We also continuously strive to maintain our financial
     akhir tahun 2024, posisi kewajiban Perseroan mengalami penu-        performance ratios, including solvency and capital structure.
     runan 13% dibandingkan posisi akhir tahun sebelumnya. Selain
     itu, Perseroan terus berusaha menjaga target rasio-rasio kinerja
     keuangan, termasuk solvabilitas maupun struktur modal.


     Pengembangan Sumber Daya Manusia (SDM) selalu menjadi pri-          Human Resource Development (HRD) remains our top priority,
     oritas terpenting kami karena memegang peran kritikal dalam         as it plays a critical role in the Company’s success and future. In
     menentukan keberhasilan dan masa depan Perusahaan. Di ta-           2024, we conducted and participated in 189 training and deve-
     hun 2024, kami menyelenggarakan dan mengikuti sebanyak              lopment programs, totaling 8,575 learning hours. Key programs
     189 kegiatan pelatihan dan pengembangan dengan total waktu          included knowledge management, workshops, sharing sessions,
     pembelajaran mencapai 8.575 jam. Program unggulan tersebut          employee engagement initiatives, and innovation competitions.
     antara lain knowledge management, pelatihan dan lokakarya,
     sharing session, employee engagement, dan kompetisi inovasi.


     Dalam upaya membangun semangat perubahan serta perbaikan            To foster a culture of continuous improvement and innovation
     secara terus-menerus bagi karyawan, Perseroan secara rutin me-      among employees, the Company regularly holds innovation com-
     nyelenggarakan kompetisi inovasi yang dirancang sebagai wadah       petitions designed as a platform for employees to generate crea-
     bagi karyawan untuk menciptakan ide dan gagasan kreatif untuk       tive ideas to enhance business process and work effectiveness.
     memperbaiki proses bisnis dan efektivitas kerja secara maksimal.    In 2024, from 80 innovation projects submitted, 10 innovations
     Pada tahun 2024, dari 80 proyek inovasi yang diikutsertakan, ter-   were selected to be developed into new corporate standards in
     pilih 10 proyek inovatif terbaik yang akan dikembangkan menjadi     the form of procedures and work instructions.
     standar baru berupa prosedur dan instruksi kerja Perusahaan.


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PT Intiland Development Tbk                                                                                      Management Report


PENERAPAN TATA KELOLA PERUSAHAAN                                    IMPLEMENTATION OF CORPORATE GOVERNANCE
Kami percaya bahwa untuk meningkatkan nilai perusahaan dan          We believe that to enhance corporate and shareholder value
pemegang saham serta mencapai pertumbuhan jangka panjang,           and to achieve long-term growth, strong business performance
pencapaian kinerja usaha harus dibarengi dengan komitmen ter-       must go hand-in-hand with a commitment to Good Corporate
hadap Tata Kelola Perusahaan yang Baik (Good Corporate Govern-      Governance (GCG). Governance principles are the cornerstone
ance/GCG). Prinsip-prinsip governansi menjadi landasan utama        of all corporate organs, aligned with the Corporate Governance
bagi seluruh organ perusahaan, selaras dengan Pedoman Tata          Guidelines issued by the Financial Services Authority (OJK).
Kelola Perusahaan yang diterbitkan oleh Otoritas Jasa Keuangan.


Pada 2024, kami terus memastikan penerapan prinsip governan-        In 2024, we continued to ensure proper implementation of go-
si berjalan dengan baik. Komitmen ini menjadi kunci dalam           vernance principles. This commitment is key to maintaining the
menjaga kepercayaan publik, konsumen, pemegang saham, dan           trust of the public, consumers, shareholders, and other stake-
pemangku kepentingan lainnya. Kami meyakini bahwa transpa-          holders. We believe that transparency, accountability, sustain-
ransi, akuntabilitas, keberlanjutan, serta kepatuhan terhadap       ability, and adherence to business ethics and norms are the
norma dan etika bisnis adalah fondasi utama bagi keberlangsu-       foundation of corporate longevity.
ngan perusahaan.


Dukungan dan nasihat dari Dewan Komisaris serta organ tata          Support and guidance from the Board of Commissioners and
kelola lainnya menjadi elemen penting dalam mengimplemen-           other governance bodies are critical in implementing GCG. The
tasikan GCG. Dewan Komisaris berperan aktif dalam membantu          Board of Commissioners plays an active role in assisting the
Direksi mengevaluasi strategi, rencana kerja, pengelolaan risiko,   Board of Directors in evaluating strategies, business plans, risk
serta tata kelola perusahaan. Berdasarkan evaluasi berkala, Di-     management, and corporate governance. Based on periodic
reksi menilai bahwa sistem pengendalian internal dan manaje-        evaluations, the Board of Directors consideres that the internal
men risiko yang diterapkan telah berjalan secara memadai.           control system and risk management currently in place are ad-
                                                                    equate.


Sebagai bagian dari komitmen keberlanjutan, Perseroan mener-        As part of our sustainability commitment, we published our fifth
bitkan Laporan Berkelanjutan (Sustainability Report) 2024, yang     Sustainability Report in with the theme “Unlocking Potential
merupakan edisi kelima. Dengan tema “Membuka Potensi de-            with New Initiatives,” the report highlights our continued efforts
ngan Inisiatif Baru”, laporan ini menegaskan upaya kami dalam       to sharpen our sustainability vision, improve transparency, and
mempertajam visi keberlanjutan, meningkatkan transparansi,          strengthening sustainable management systems. It also serves
serta memperkuat sistem manajemen berkelanjutan. Laporan            as a tool to boost competitiveness and strengthen relationships
ini juga menjadi sarana untuk meningkatkan daya saing dan           with stakeholders.
memperkuat hubungan dengan para pemangku kepentingan.


Dalam aspek Tanggung Jawab Sosial Perusahaan (Corporate So-         In terms of Corporate Social Responsibility (CSR), we remain fo-
cial Responsibility/CSR), kami tetap fokus pada pengembangan        cused on youth development and community empowerment
potensi generasi muda dan pemberdayaan masyarakat di sekitar        in areas surrounding our projects. We recognize that CSR is not
proyek-proyek kami. Kami menyadari bahwa CSR bukan hanya            merely a social initiative, but an integral part of a sustainable
sekadar program sosial, tetapi merupakan bagian dari strategi       business strategy—reflecting long-term investment in society
bisnis berkelanjutan yang mencerminkan investasi jangka pan-        and the environment.
jang bagi masyarakat dan lingkungan.



PERUBAHAN KOMPOSISI                   SUSUNAN          DEWAN        CHANGES IN THE COMPOSITION OF THE BOARD OF
KOMISARIS DAN DIREKSI                                               COMMISSIONERS AND DIRECTORS
Pada tahun 2024 terdapat perubahan komposisi Dewan Komisa-          In 2024, there were changes in the composition of the Board of
ris dan Direksi yang telah mendapat persetujuan sekaligus di-       Commissioners and Board of Directors, which were approved
sahkan melalui Rapat Umum Pemegang Saham (RUPS) Perseroan           and formalized through the Company’s Annual General Meet-
tanggal 30 Mei 2024. Dalam RUPS Tahunan tersebut, pemegang          ing of Shareholders (AGMS) on May 30, 2024. During this AGMS,
saham Perseroan menerima pengunduran diri Bapak Moedjianto          shareholders accepted the resignation of Mr. Moedjianto Soesilo
Soesilo Tjahjono dari jabatannya selaku Wakil Direktur Utama        Tjahjono from his position as Vice President Director and Ms.
Perseroan dan Ibu Ping Handayani Hanli selaku Direktur Per-         Ping Handayani Hanli from her position as Director. The AGMS
seroan. RUPS Tahunan juga sekaligus menyetujui pengangkatan         also approved the appointment of Ms. Ping Handayani Hanli as
Ibu Ping Handayani Hanli sebagai Komisaris Perseroan dan Ibu        Commissioner and Ms. Novita Anggriani B. as a Director of the
Novita Anggriani B. sebagai Direktur Perseroan, terhitung se-       Company, effective as of the close of the meeting until the end
jak ditutupnya Rapat sampai dengan habisnya periode jabatan         of the current term of the Board of Commissioners and Board of
anggota Dewan Komisaris dan anggota Direksi Perseroan sebe-         Directors.
lumnya.




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     Laporan Manajemen                                                                                         Laporan Tahunan | Annual Report 2024


     Direksi menyampaikan terima kasih dan apresiasi kepada Bapak        The Board of Directors extends its gratitude and appreciation
     Moedjianto S. Tjahjono dan Ibu Ping Handayani Hanli atas kontri-    to Mr. Moedjianto S. Tjahjono and Ms. Ping Handayani Hanli for
     busi, dedikasi dan sumbangsih bagi Perseroan selama menjabat        their contributions, dedication, and service during their tenure as
     anggota Direksi Perseroan. Kami juga mengucapkan selamat ber-       members of the Board of Directors. We also welcome Ms. Novita
     gabung kepada Ibu Novita Anggriani B yang telah bersedia dan        Anggriani B. for her willingness and commitment to strengthen
     berkomitmen untuk memperkuat jajaran Direksi Perseroan serta        the Board of Directors, and congratulate Ms. Ping Handayani
     kepada Ibu Ping Handayani Hanli atas kesediaannya mengem-           Hanli on her new role as a Commissioner .
     ban tugas baru sebagai Komisaris Perseroan.


     Atas adanya perubahan ini, maka komposisi Dewan Komisaris           As a result of these changes, the Board of Commissioners now
     Perseroan terdiri dari enam (6) orang, yakni satu Komisaris Uta-    consists of six (6) members, comprising one President Commis-
     ma, satu Wakil Komisaris Utama dan Komisaris Independen, dua        sioner, one Vice President Commissioner & Independent Com-
     Komisaris Independen, dan dua Komisaris. Sementara susunan          missioner, two Independent Commissioners, and two Commis-
     anggota Direksi Perseroan menjadi berjumlah tujuh (7) orang         sioners. Meanwhile, the Board of Directors now consists of seven
     yang terdiri dari satu Direktur Utama, dua Wakil Direktur Utama,    (7) members, comprising one President Director, two Vice Presi-
     dan empat Direktur.                                                 dent Directors, and four Directors.


     Seluruh anggota Direksi Perseroan memiliki kompetensi, pen-         All members of the Board of Directors possess competencies, ex-
     galaman, keahlian, dan latar belakang pendidikan formal be-         perience, expertise, and diverse educational backgrounds neces-
     ragam yang saling mendukung dan saling melengkapi. Dengan           sary to complement and support one another. With this diversity
     komposisi keberagaman pendidikan, keahlian, dan pengalaman,         in education, skills, and experience each member of the Board
     masing-masing anggota Direksi dapat dengan baik melaksana-          can effectively carry out their roles, duties, responsibilities, and
     kan fungsi, tugas, tanggung jawab, maupun kewenangannya             authority in leading and managing the Company.
     dalam memimpin dan menjalankan pengelolaan Perusahaan.



     PENGHARGAAN PERSEROAN                                               CORPORATE AWARDS
     Perseroan berkomitmen menghadirkan properti berkualitas bagi        The Company remains committed to delivering high-quality
     masyarakat. Kami bangga atas apresiasi yang diterima sepan-         properties to the public. We are proud of the recognitions re-
     jang 2024 dan berterima kasih atas dukungan semua pihak.            ceived throughout 2024 and deeply appreciate the support from
                                                                         all stakeholders.


     Poins, pengembangan mixed-use di Lebak Bulus, Jakarta Sela-         Poins, a mixed-use development in Lebak Bulus, South Jakarta,
     tan, meraih penghargaan dari Dewan Transportasi Kota Jakarta        received an award from the Jakarta City Transportation Council
     Awards 2024 sebagai kawasan komersial dengan fasilitas terbaik      Awards 2024 for being the best commercial area with top trans-
     untuk integrasi transportasi. Dari sektor pasar modal, Intiland     portation integration facilities. From the capital market sector,
     dianugerahi penghargaan Best Sukuk Ijarah dalam ajang Best          Intiland was honored with the Best Sukuk Ijarah award at the
     Sharia Awards 2024 oleh Investortrust.id. Pada September, Per-      Best Sharia Awards 2024, presented by Investortrust.id.
     seroan menerima penghargaan kategori Kemajuan Infrastruktur         Additionally, in September 2024, the Company received an award
     & Industri dalam Nawacita Awards 2024 yang diselenggarakan          in the Infrastructure & Industry Advancement category at the
     oleh Nawacita Indonesia.                                            Nawacita Awards 2024, hosted by Nawacita Indonesia.


     Prestasi ini menjadi motivasi bagi kami untuk terus menghadir-      These achievements serve as motivation for us to continue deliv-
     kan inovasi dan layanan terbaik.                                    ering innovation and best-in-class service.



     KENDALA YANG DIHADAPI PERSEROAN                                     CHALLENGES FACED BY THE COMPANY
     Pada tahun 2024, kondisi ekonomi dan investasi nasional cukup       In 2024, national economic and investment climate remained
     kondusif, memberikan peluang bagi industri properti untuk ber-      fairly conducive, providing opportunities for growth in the pro-
     tumbuh. Permintaan pasar meningkat, tetapi Perseroan masih          perty sector. Market demand showed improvement; however
     menghadapi tantangan, terutama dalam penjualan properti             the Company continued to face several challenges, particularly in
     high-rise seperti apartemen yang masih lesu, serta tingginya        the sluggish sales performance of the high-rise property such as
     stok properti siap huni yang perlu dikurangi untuk menjaga ke-      apartments as well as the high inventory of ready-for-occupancy
     sehatan arus kas dan mencapai target penjualan.                     units, which must be reduced to maintain healthy cash flow and
                                                                         achieve sales targets.


     Untuk mengatasi tantangan ini, Perseroan menerapkan berbagai        To address these challenges, the Company has implemented a
     strategi, termasuk program promo pemasaran, penjualan dalam         range of strategies, including promotional marketing programs,
     jumlah besar, re-launching produk, serta penjualan aset non-inti.   bulk sales, product re-launches, and the sale of non-core assets.




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PT Intiland Development Tbk                                                                                       Management Report


Dengan langkah-langkah ini, Perseroan optimis dapat meman-           Through these initiatives, the Company remains optimistic in
faatkan peluang yang ada dan terus berkembang di tahun 2024.         its ability to seize market opportunities and continue growing
                                                                     throughout 2024.



GAMBARAN TERHADAP PROSPEK USAHA                                      OUTLOOK ON BUSINESS PROSPECTS
Industri properti masih menghadapi tantangan, tetapi tetap           The property industry continues to face challenges, yet offers
menyimpan peluang bagi pertumbuhan. Stabilitas ekonomi dan           promising opportunities for growth. Economic and political sta-
politik, serta tingginya kebutuhan perumahan, menjadi fondasi        bility, along with the strong demand for housing, form a solid
kuat bagi momentum pertumbuhan. Pemerintah menargetkan               foundations for forward momentum. The government is target-
pertumbuhan ekonomi 5,2% pada 2025 dengan inflasi terkenda-          ing economic growth of 5.2% in 2025, with inflation kept under
li di 2,5%, didorong oleh konsumsi, investasi, dan belanja negara.   control at 2.5%, driven by consumption, investment, and govern-
                                                                     ment spending.


Berbagai kebijakan, seperti program pembangunan tiga juta            Various policies, including the three-million-housing develop-
rumah dan perpanjangan insentif PPN-DTP, diharapkan men-             ment program and the extension of PPN DTP incentive, are ex-
dorong permintaan properti. Perseroan fokus pada empat strate-       pected to boost demand in theproperty sector. The Company
gi utama: pertumbuhan organik, akuisisi, kemitraan strategis,        remains focused on four core strategies: organic growth, acqui-
serta pengelolaan modal dan investasi. Rencana pengembangan          sitions, strategic partnerships, and capital & investment ma-
proyek baru, peningkatan penjualan stok siap huni, serta kerja       nagement. Priority initiatives include the development of new
sama dengan mitra strategis menjadi prioritas.                       projects, increasing sales of ready-for-occupancy units, and part-
                                                                     nerships with strategic allies.
                                                                     .
Dengan pengalaman, sumber daya, dan portofolio bisnis yang           Backed by experience, resources, and a diversified business port-
beragam, Perseroan optimistis dapat terus bertumbuh dan me-          folio, the Company remains confident in its ability to grow and
manfaatkan peluang di tahun 2025.                                    seize opportunities in 2025.



APRESIASI                                                            APPRECIATION
Atas nama Direksi, saya mengucapkan terima kasih kepada pe-          On behalf of the Board of Directors, I would like to extend our
megang saham, investor, mitra, dan pelanggan atas kepercayaan        sincere gratitude to our shareholders, investors, partners, and
dan dukungan yang luar biasa. Kami juga menghargai arahan            customers for their trust and unwavering support. We also deep-
Dewan Komisaris dan Komite Penunjang dalam mewujudkan                ly value the guidance of the Board of Commissioners and Sup-
governansi yang baik dan pertumbuhan berkelanjutan.                  porting Committees in upholding strong governance and driving
                                                                     sustainable growth.


Apresiasi saya sampaikan kepada manajemen dan karyawan atas          My appreciation also goes to our management and employees
dedikasi dan kerja kerasnya, sehingga Perseroan berhasil men-        for their dedication and hard work, which have enabled the Com-
jalankan strategi dan siap menghadapi tantangan 2025. Sejalan        pany to successfully execute its strategies and be well-prepared
dengan tema Laporan Tahunan 2024, kami berkomitmen me-               for the challenges of 2025. In line with the theme of the 2024 An-
manfaatkan pencapaian tahun ini sebagai kekuatan untuk masa          nual Report, we are committed to building on this year’s achieve-
depan yang lebih baik.                                               ments as a foundation for a stronger future.



Utama Gondokusumo                                                    Utama Gondokusumo
Plt Direktur Utama                                                   Acting President Director




                                                                                                                                          39
                                                                                                                                          39
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     Laporan Manajemen                                                                                    Laporan Tahunan | Annual Report 2024


     SURAT PERNYATAAN ANGGOTA DIREKSI DAN ANGGOTA KOMISARIS TENTANG TANGGUNG JAWAB ATAS
     LAPORAN TAHUNAN 2024 PT INTILAND DEVELOPMENT TBK
     STATEMENT LETTER OF THE MEMBERS OF THE DIRECTORS AND THE BOARD OF COMMISIONERS RELATING TO
     THE RESPONSIBILITY OF THE 2024 ANNUAL REPORT OF PT INTILAND DEVELOPMENT TBK

     Kami yang bertandatangan di bawah ini menyatakan bahwa se-      We, the undersigned declare that all information in this 2024
     mua informasi dalam Laporan Tahunan PT Intiland Development     Annual Report of PT Intiland Development Tbk is complete and
     Tbk tahun 2024 telah dimuat secara lengkap dan bertanggung      we are responsible for the accuracy of the content of this Annual
     jawab penuh atas kebenaran isi Laporan Tahunan Perusahaan.      Report. This statement was made with actual.
     Demikian pernyataan ini dibuat dengan sebenarnya.



                                                        Jakarta, 17 April 2024




40
Page 41
PT Intiland Development Tbk                  Company Profile




                                 Profil
                              Perusahaan
                               Company Profile




     Intiland Tower                                            41
                                                               41
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     Profil Perusahaan                                                                                    Laporan Tahunan | Annual Report 2024



     DATA PERUSAHAAN
     Company Data

        Nama Perusahaan /Name of the Company                     PT Intiland Development Tbk

        Status Perusahaan /Company Status                        Perseroan Terbatas | Limited Liability Company

        Tanggal Pendirian /Date of Establishment                 10 Juni 1983 | 10 June 1983

        Landasan Hukum Pendirian /Legal basis of Establishment   Akta Notaris No. 118 tanggal 10 Juni 1983 dan Surat Keputusan No.
                                                                 C2-6668-HT.01.01 Th.83 tanggal 10 Oktober 1983
                                                                 Deed no. 118 dated June 10, 1983 and Decree of Minister of Justice of
                                                                 the Republic of Indonesia No. C2-6668-HT.01.01 Th.83 dated October
                                                                 10, 1983

        Bidang Usaha /Lines of Business                          Sesuai dengan pasal 3 Anggaran Dasar Perseroan, Perseroan melak-
                                                                 sanakan kegiatan usaha utama, yaitu pengembang, perdagangan
                                                                 dan jasa real estate dan property. | In accordance with article 3 of the
                                                                 Company’s Articles of Association, the Company carries out its main
                                                                 business activities, namely development, trading, and real estate and
                                                                 property services.

        Segmen Usaha /Business Segments                          Pengembangan, perdagangan dan jasa realestat dan properti.
                                                                 Real estate and property development, trading and services.

        Penawaran Umum Saham Perdana di Bursa Efek Jakarta       1 September 1991 | 1 September 1991
        Initial Public Offering on Jakarta Stock Exchange

        Modal Dasar /Authorized Capital                          Rp6.000.000.000.000 (enam triliun Rupiah | six trillion Rupiah)

        Modal Ditempatkan dan Disetor Penuh                      Rp2.591.463.546.250 (dua triliun lima ratus sembilan puluh satu mil-
        Issued and Fully Paid-in Capital                         iar empat ratus enam puluh tiga juta lima ratus empat puluh enam
                                                                 ribu dua ratus lima puluh Rupiah | two trillion five hundred and ninety-
                                                                 one billion four hundred and sixty-three million five hundred and forty-
                                                                 six thousand two hundred and fifty Rupiah)

        Kode Saham /Ticker Code                                  DILD

        Jumlah Karyawan /Number of Employee                      1.224

        Alamat Kantor Pusat /Head Office Address                 Intiland Tower, lantai Penthouse
                                                                 Jl. Jendral Sudirman 32, Jakarta 10220

        Telepon /Telephone                                       +62 21 570 1912 / 570 8808

        Faksimili /Facsimile                                     +62 21 570 0014 / 570 0015

        Surel /Email                                             info@intiland.com

        Situs Web /Website                                       www.intiland.com

        Sekretaris Perusahaan /Corporate Secretary               Theresia Rustandi
                                                                 Sekretaris Perusahaan | Corporate Secretary
                                                                 Surel /Email        : theresia.rustandi@intiland.com
                                                                 Alamat /Address     : Intiland Tower, Lantai Penthouse
                                                                 		                    Jalan Jend. Sudirman 32, Jakarta Pusat 10220

                                                                 Nathan Tanugraha
        Hubungan Investor /Investor Relation                     Hubungan Investor | Investor Relation
                                                                 Surel/Email         : nathan.tanugraha@intiland.com
                                                                 Alamat/Address      : Intiland Tower Lantai Penthouse
                                                                 		                    Jalan Jend. Sudirman 32, Jakarta Pusat 10220

        Situs Web | Website                                      www.intiland.com

        Media Sosial /Social Media                               Instagram            : @intilanddev
                                                                 Facebook             : Intiland Development Tbk
                                                                 Youtube 		           : Intiland Development
                                                                 LinkedIn             : Intiland Development




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PT Intiland Development Tbk                                                                                        Company Profile



RIWAYAT SINGKAT PERUSAHAAN
Company at Glance

Sejarah awal Intiland dimulai pada era tahun 1970-an saat pen-     The early history of Intiland began in the 1970s when the Com-
diri Perseroan, Bapak Hendro S. Gondokusumo mulai menekuni         pany’s founder, Mr. Hendro S. Gondokusumo began his venture
bisnis properti. Perumahan Cilandak Garden Housing di Jakarta      in the property business. The Cilandak Garden Housing in South
Selatan dan Satelit Darmo di Surabaya, Jawa Timur menjadi dua      Jakarta and the Darmo Satellite in Surabaya, East Java, were the
proyek perdana yang sukses dikembangkan.                           first successful projects developed.


Sepanjang dekade tahun 1980-an, Perseroan sukses melakukan         Throughout the 1980s, the Company successfully took several
sejumlah langkah penting dan strategis yang menjadi pondasi        important and strategic steps that laid the foundation for its
dari perkembangan Perusahaan hingga saat Ini. Perseroan se-        development up to the present day. The Company was officially
cara resmi berdiri dengan nama PT Wisma Dharmala Sakti ber-        established under the name PT Wisma Dharmala Sakti based on
dasarkan Akta Notaris dari Kartini Mulyadi No.118 tanggal 10       a Notarial Deed by Kartini Mulyadi No. 118 dated June 10, 1983.
Juni 1983. Akta pendirian disetujui dan disahkan dalam Surat       The deed of establishment was approved and legalized in a De-
Keputusan No.C2-6668 HT.01.01 Th.83 tanggal 10 Oktober 1983.       cree No. C2-6668 HT.01.01 Th.83 dated October 10, 1983. In the
Di tahun yang sama, Perseroan memulai pembangunan Intiland         same year, the Company began the construction of Intiland Tow-
Tower Jakarta, sebuah bangunan gedung Ikonik yang dirancang        er Jakarta, an iconic building designed by the renowned architect
oleh sosok arsitek tersohor Paul Rudolph.                          Paul Rudolph.


Pada fase pertumbuhan tersebut, Perseroan menjadi pelopor          During this growth phase, the Company pioneered the first re-
pengembangan hunian reklamasi pertama di Asia Tenggara             claimed residential development in Southeast Asia with the de-
melalui pengembangan kawasan Pantai Mutiara yang berlokasi         velopment of Pantai Mutiara located in Pluit, North Jakarta. The
di Pluit, Jakarta Utara. Perseroan juga mencatat sejarah sukses    Company also recorded a successful history in developing many
dalam mengembangkan banyak proyek perumahan di Jabodeta-           residential projects in Jabodetabek and Surabaya, including Wis-
bek dan Surabaya, antara lain Wisma Sarinah, Taman Harapan         ma Sarinah, Taman Harapan Indah, Taman Mutiara, Taman Gad-
Indah, Taman Mutiara, Taman Gading Indah, dan Talaga Bestari       ing Indah, and Talaga Bestari in Tangerang and projects in Sura-
di Tangerang serta proyek-proyek di Surabaya seperti perumahan     baya such as Wonokitri Indah housing, Chris Kencana, Darmo
Wonokitri Indah, Chris Kencana, Darmo Harapan, Darmo Indah,        Harapan, Darmo Indah, Bogasari Residence, and Bank Indonesia
Bogasari Residence, dan Bank Indonesia Housing. Langkah pent-      Housing. Another important step was the Company’s expansion
ing lainnya yakni ketika Perseroan mengambil langkah ekspansi      into the Industrial estate business through the development of
ke bisnis kawasan Industri melalui pengembangan Ngoro Indus-       Ngoro Industrial Park, in Mojokerto, East Java.
trial Park, di Mojokerto, Jawa Timur.


Perseroan berubah nama menjadi PT Dharmala Intiland Tbk ber-       The Company changed its name to PT Dharmala Intiland Tbk
dasarkan akta no.46 tanggal 14 Juni 1991 dan Surat Keputusan       based as per Deed No. 46 dated June 14, 1991, and Decree No.
No. C2-3868 HT tanggal 1 April 1991. Tak berselang lama, Per-      C2-3868 HT dated April 1, 1991. Shortly thereafter, the Company
seroan secara resmi mencatatkan saham di Bursa Efek Indonesia      officially listed its shares on the Indonesia Stock Exchange on
pada 1 September 1991.                                             September 1, 1991.


Memasuki dasawarsa tahun 1990-an, Perseroan aktif mengem-          Entering the 1990s, the Company was actively developing vari-
bangkan beragam proyek properti dengan segmen yang lebih           ous property projects with a broader range of segments, includ-
luas, meliputi kawasan mixed-use dan high-rise, hunian untuk       ing mixed-use and high-rise areas, residential properties for the
segmen menengah atas, kawasan industri, hingga properti inves-     upper-middle class, industrial estate, and investment properties.
tasi. Pengembangan proyek properti di era tersebut di antaranya    Property projects developed during this era included the Graha
gedung perkantoran Graha Pratama, The Canary Pantai Mutiara,       Pratama office building, The Canary Pantai Mutiara, Taman
Taman Pegangsaan Indah, Kondominium Kintamani, pusat per-          Pegangsaan Indah, Kintamani Condominium, Menteng Prada
belanjaan Menteng Prada, hingga perumahan Kemang Pratama           shopping center, and Kemang Pratama 1, a residential area in
1 di Bekasi. Di Surabaya, Perseroan sukses mengembangkan In-       Bekasi. In Surabaya, Intiland successfully developed Intiland To-
tiland Tower Surabaya, Plaza Segi Delapan, Kota Satelit, Graha     wer Surabaya, Plaza Segi Delapan, Satellite City, Graha Famili,
Famili, World Trade Center, Graha Residen, hingga Mercure Grand    World Trade Center, Graha Residen, and Mercure Grand Hotel.
Hotel.


Era ini menjadi fase pertumbuhan cepat bagi perkembangan usa-      This era marked a phase of rapid growth for the Company’s busi-
ha Perseroan serta memperoleh sejumlah rekognisi dari berbagi      ness development and earned several recognitions from various
pihak. Perseroan di tahun 1996 dinobatkan oleh Majalah Asia Inc.   parties. In 1996, the Company was named by Asia Inc. Magazine
sebagai salah satu dari 88 perusahaan dengan pertumbuhan ter-      as one of the 88 fastest-growing companies in Asia. This recog-
cepat di Asia. Penilaian tersebut didasarkan pada pertumbuhan      nition was based on the Company’s sales growth of 472% from
penjualan Perseroan selama 1992-1995 sebesar 472%. Pengem-         1992 to 1995. The development of the Graha Famili project in
bangan proyek perumahan Graha Famili di Surabaya, meraih           Surabaya received the Griya Cipta Nugraha award from *Suara In-


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     Profil Perusahaan                                                                                        Laporan Tahunan | Annual Report 2024


     penghargaan Griya Cipta Nugraha dari Suara Indonesia, sebuah        donesia*, a daily business newspaper in East Java. Then, in 1997,
     surat kabar harian bisnis di Jawa Timur. Kemudian pada tahun        the Morgan Stanley Capital International (MSCI) Index named
     1997, Indeks Morgan Stanley Capital Industrial (MSCI) menobat-      the Company’s stock as one of the 16 highest-quality stocks.
     kan saham Perseroan sebagai salah satu dari 16 saham paling
     berkualitas.


     Menapak dekade tahun 2000-an, Perseroan mengalami momen-            In decade of 2000s, Intiland experienced important moments
     momen penting dalam pengembangan dan restrukturisasi usa-           in business development and restructuring. In 2007, after being
     ha. Pasca terdampak badai krisis ekonomi tahun 1998, pada ta-       affected by the 1998 economic crisis, the Company successfully
     hun 2007, Perseroan sukses melakukan proses restrukturasi dan       completed a restructuring process and transformed into PT Inti-
     bertransformasi menjadi PT Intiland Development Tbk sesuai          land Development Tbk, as per Deed Number 16 dated June 29,
     dengan akta Nomor 16 tanggal 29 Juni 2007 dan Surat Kepu-           2007, and Decree of the Minister of Justice Number W7-10019
     tusan Menteri Kehakiman Nomor W7-10019 HT.01.04-TH.2007             HT.01.04-TH.2007 dated September 11, 2007.
     tanggal 11 September 2007.


     Seiring dengan selesainya proses rekstruturisasi dan transforma-    With the completion of the restructuring and transformation
     si, Perseroan memasuki babak baru dan aktif mengembangkan           process, Intiland entered a new chapter and actively developed
     proyek-proyek properti di sejumlah segmen. Beberapa diantara-       property projects across various development segments. Some of
     nya seperti perumahan Taman Semanan Indah, apartemen Se-            these projects included Taman Semanan Indah residential area,
     manan Indah, apartemen 1Park Residence, dan pengembangan            Semanan Indah apartments, 1Park Residence apartments, and
     klaster baru Inspira Leaf dan The Platinum di Graha Famili, Sura-   the development of new clusters such as Inspira Leaf and The
     baya. Kesuksesan pada era ini juga ditandai dengan pembangu-        Platinum at Graha Famili in Surabaya. Success during this era was
     nan dan penyelesaian apartemen Regatta yang menjadi ikon di         also marked by the construction and completion of the Regatta
     kawasan Jakarta Utara. Mengusung konsep nautikal, Regatta           apartments, which became an icon in North Jakarta. Featuring a
     dirancang oleh Tom Wright, sosok arsitek di balik bangunan          nautical concept, Regatta was designed by Tom Wright, the archi-
     ikonik Burj Al-Arab, Dubai.                                         tect behind the iconic Burj Al Arab in Dubai.


     Memasuki dekade tahun 2010-an, Intiland kembali menem-              Entering the 2010s, Intiland once again adopted an expansive
     puh strategi ekspansif melalui banyak gebrakan dengan me-           strategy through numerous breakthroughs, launching and build-
     luncurkan dan membangun proyek-proyek properti di segmen            ing property projects in the mixed-use and high-rise develop-
     pengembangan mixed-use and high rise. Di Jakarta, Perseroan         ment segments. In Jakarta, the Company launched the 1Park
     meluncurkan apartemen 1Park Residence, perumahan Serenia            Residence apartment, Serenia Hills residential area, the inte-
     Hills, kawasan perkantoran terpadu South Quarter, dan kawasan       grated office complex South Quarter, and the Aeropolis mixed-
     mixed-use Aeropolis di Tangerang. Perseroan juga sukses me-         use development in Tangerang. The Company also successfully
     luncurkan pengembangan kawasan mixed use terpadu melalui            launched the integrated mixed-use development with the Fifty
     apartemen Fifty Seven Promende, yang berlokasi di kawasan pu-       Seven Promenade apartment, located in the central business dis-
     sat bisnis Thamrin, Jakarta. Sementara kiprah Perseroan di kota     trict of Thamrin, Jakarta. Meanwhile, the Company’s presence in
     Surabaya ditandai dengan pengembangan kawasan superblok             Surabaya was marked by the development of the Graha Festival
     Graha Festival melalui pembangunan perkantoran Spazio dan           superblock, which included the Spazio office building and Spazio
     Spazio Tower, Praxis, apartemen Sumatra36, kondominium Gra-         Tower, Praxis, Sumatra36 apartments, Graha Golf condominium,
     ha Golf, hingga The Rosebay di Graha Famili.                        and The Rosebay at Graha Famili.


     Dekade ini turut jadi momentum Perseroan melakukan ekspansi         This decade also marked a significant momentum for Intiland, as
     bisnis dan portofolio dengan merambah ke bisnis hospitality         it expanded its business and portfolio by entering the hospital-
     melalui Intiwhiz International, sebuah jaringan hotel yang me-      ity industry through Intiwhiz International, a hotel chain mana-
     ngelola berbagai merek seperti Whiz Hotel, Whiz Prime Hotel,        ging various brands such as Whiz Hotel, Whiz Prime Hotel, Grand
     Grand Whiz Hotel, dan Whiz Luxe, serta masuk ke bisnis health-      Whiz Hotel, and Whiz Luxe. The Company also ventured into the
     care melalui pendirian National Hospital di Surabaya. Di pasar      healthcare business by establishing National Hospital in Sura-
     modal, Perseroan berhasil mengukir prestasi setelah sukses me-      baya. In the capital market, the Company achieved a significant
     lakukan Penawaran Umum Terbatas III dalam rangka Penerbitan         milestone by successfully conducting a Limited Public Offering III
     Efek Dengan Hak Memesan Efek Terlebih Dahulu senilai Rp 2,07        for the issuance of Pre-emptive Rights, raising IDR 2.07 trillion.
     triliun.


     Atas pencapaian dan komitmen yang dijalankan, Perseroan             Due to its achievements and commitment, the Company has
     berhasil mendapatkan beragam pengakuan dan penghargaan.             successfully received various recognitions and awards. In 2010,
     Di tahun 2010, proyek Regatta meraih penghargaan tertinggi          the Regatta project won the highest honor in the global real es-
     dalam dunia properti global, Bali Congress Award, salah satu dari   tate industry, the Bali Congress Award, one of the 12 categories
     12 kategori yang diumumkan dalam BNI-FIABCI Prix d’Excellence       announced at the BNI-FIABCI Prix d’Excellence Awards 2010. In
     Awards 2010. Intiland juga dinobatkan menjadi salah satu dari       2014, Intiland was named one of the top 50 public companies in
     50 perusahaan publik terbaik Indonesia versi Majalah Forbes di      Indonesia by Forbes Magazine, recognized for its success in main-
     tahun 2014 atas keberhasilan dalam menjaga kinerja keuangan         taining financial performance and stock value over the past three


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PT Intiland Development Tbk                                                                                             Company Profile


dan saham selama tiga tahun terakhir. Apresiasi lainnya adalah        years. Another notable recognition was for Best Office Design in
penghargaan Desain Perkantoran Terbaik di Asia Tenggara un-           Southeast, awarded to the South Quarter project at the South-
tuk proyek South Quarter dalam ajang South East Asia Property         East Asia Property Awards (SEAPA) 2016.
Awards (SEAPA) 2016.


Menapak era tahun 2020-an, Industri properti nasional mengha-         Entering the 2020s, the national property industry faced signifi-
dapi tantangan cukup berat akibat pandemi Covid-19. Penjualan         cant challenges due to the Covid-19 pandemic. Property sales de-
properti menurun signifikan seiring dengan melemahnya daya            clined sharply as public purchasing power weakened. Like many
beli masyarakat. Seperti dialami banyak pengembang properti           other property developers, this situation directly impacted the
lainnya, kondisi ini telah berdampak langsung terhadap opera-         Company’s operations and business performance.
sional dan kinerja usaha Perseroan.


Di tengah situasi dan kondisi yang penuh tantangan tersebut, In-      Despite these challenging circumstances, Intiland managed to
tiland masih berhasil menorehkan sejumlah pencapaian melalui          achieve several milestones through the development of new pro-
pengembangan proyek baru maupun pada proyek-proyek berja-             jects and ongoing projects. During this difficult period, the Com-
lan. Di tengah periode sulit ini, Perseroan berhasil menyelesai-      pany successfully completed two apartment projects, namely SQ
kan pembangunan dua proyek apartemen, yakni SQ Res dan Fifty          Res and Fifty Seven Promenade. By the end of 2022, the Company
Seven Promenade. Di penghujung tahun 2022, Perseroan secara           had also gradually begun delivering units of these two apart-
bertahap juga memulai serah terima unit-unit kedua apartemen          ment projects to consumers.
tersebut kepada para konsumen.


Selain itu, Perseroan juga terus berkomitmen mengembangkan            Furthermore, the Company remained committed to develop-
properti-properti baru untuk memenuhi kebutuhan masyarakat.           ing new properties to meet the needs of the community. Key
Sejumlah pencapaian penting antara lain meluncurkan Aurora,           achievements included the launch of Aurora, a commercial
area komersial berkonsep SOHO dan klaster baru Lily di Graha          area with a SOHO concept, and the new Lily cluster at Graha
Natura, serta Tierra, sebuah kawasan superblok di Darmo Hara-         Natura, as well as Tierra, a superblock area in Darmo Harapan,
pan yang berlokasi di Surabaya. Keberhasilan lainnya yakni            Surabaya. Another success was the Company’s expansion into
Perseroan melakukan ekspansi pengembangan kawasan indus-              the industrial estate sector with the launch of Batang Industrial
tri baru melalui peluncuran Batang Industrial Park di Batang,         Park in Batang, Central Java. In Jakarta, the Company successfully
provinsi Jawa Tengah. Di Jakarta Perseroan sukses meluncurkan         launched Brezza, a new residential development located in the
Brezza, perumahan baru yang berlokasi di kawasan Pantai Mu-           Pantai Mutiara area in Pluit, Jakarta, as well as the Virya Semanan
tiara, Pluit, Jakarta serta klaster Virya Semanan di Jakarta Barat.   cluster in West Jakarta.


Prestasi membanggakan di kancah internasional juga berhasil           On the international stage, the Company also achieved remark-
ditorehkan Perseroan melalui sejumlah penghargaan bergengsi.          able success through several prestigious awards. South Quarter
South Quarter dinobatkan sebagai perkantoran terbaik di dunia         was named the best office building in the world, winning the
dengan meraih penghargaan bergengsi World Gold Winner pada            prestigious World Gold Winner at the FIABCI Prix d’Excellence
ajang FIABCI Prix d’Excellence Awards tahun 2022. Pengemba-           Awards in 2022. The Serenia Hills residential development, loca-
ngan perumahan Serenia Hills yang berlokasi di Lebak Bulus            ted in Lebak Bulus, South Jakarta, was also recognized as the best
Jakarta Selatan juga mendapat pengakuan sebagai perumahan             residential project in the world, winning the World Gold Winner
terbaik di dunia setelah meraih penghargaan World Gold Win-           at the highly regarded FIABCI World Prix d’Excellence Award in
ner pada kompetisi properti paling bergengsi FIABCI World Prix        2021.
d’Excellence Award tahun 2021.


Sebagai trendsetter di industri properti Indonesia, Intiland          As a trendsetter in the Indonesian property industry, Intiland is
berkomitmen untuk terus berkembang, berinovasi, dan men-              committed to continuing its growth, innovation, and long-term
ingkatkan keuntungan jangka panjang dengan tetap berlaku              profitability while ensuring fairness to all stakeholders. The Com-
adil terhadap semua pemangku kepentingan. Perseroan terus             pany continues to uphold the values of Environmental, Social,
menjalankan nilai-nilai keberlanjutan Environment, Social, dan        and Governance (ESG) through a series of green initiatives in its
Governance (ESG) melalui serangkaian inisiatif hijau di proyek-       projects, applying sustainability principles across all aspects of
proyeknya dan menerapkan prinsip keberlanjutan pada seluruh           its operations. This commitment reflects the Company’s genuine
aspek operasional perusahaan. Komitmen ini menjadi wujud              effort to deliver exceptional property masterpieces and the best
upaya nyata Perseroan untuk memberikan mahakarya properti             services for consumers and society in Indonesia.
dan layanan terbaik bagi konsumen dan masyarakat di Indonesia.




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     Profil Perusahaan                                                                                     Laporan Tahunan | Annual Report 2024



     PERISTIWA PENTING PERUSAHAAN
     CORPORATE MILESTONE




     1974                Pendiri Perseroan, Bapak Hendro S. Gondokusumo,
                         mengembangkan Perumahan Cilandak Garden Hous-
                                                                                 The Company’s founder, Mr. Hendro S. Gondokusumo,
                                                                                 developed the Cilandak Garden Housing in South Ja-
                         ing di Jakarta Selatan.                                 karta.




     1981                Pengembangan proyek pertama di Surabaya, Peruma-
                         han Darmo Baru.
                                                                                 The development of the first project in Surabaya, Dar-
                                                                                 mo Baru Housing.




     1982                Pengembangan Perumahan Taman Harapan Indah di
                         Jakarta.
                                                                                 The development of the Taman Harapan Indah
                                                                                 Housing in Jakarta.




     1983                Perseroan resmi beroperasi dengan nama PT Wisma
                         Dharmala Sakti dan memulai pembangunan gedung
                                                                                 The Company officially began operations under the
                                                                                 name PT Wisma Dharmala Sakti and started the con-
                         perkantoran Intiland Tower Jakarta.                     struction of the Intiland Tower Jakarta office building.




     1986                Bangunan ikonik Intiland Tower Jakarta selesai diban-
                         gun dan mulai beroperasi.
                                                                                 The iconic Intiland Tower Jakarta was completed and
                                                                                 began operations.




     1989                Dimulainya pengembangan Pantai Mutiara, kawasan
                         perumahan berkonsep kanal laut pertama di Asia
                                                                                 The development of Pantai Mutiara began, the first
                                                                                 canal-estate area in Southeast Asia, located in Pluit,
                         Tenggara, berlokasi di Pluit, Jakarta Utara.            North Jakarta.




     1990                Mengembangkan kawasan industri perdana melalui
                         Ngoro Industrial Park, Mojokerto, Jawa Timur
                                                                                 Developed its first industrial estate through Ngoro In-
                                                                                 dustrial Park in Mojokerto, East Java.




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PT Intiland Development Tbk                                                                                      Company Profile




1991                 Mencatatkan saham di Bursa Efek Indonesia (BEI) dan
                     menjadi perusahaan publik.
                                                                           The Company listed its shares on the Indonesia Stock
                                                                           Exchange (IDX) and became a public company.




1992                 Peluncuran Graha Famili, kawasan perumahan presti-
                     sius di Surabaya Barat.
                                                                           The launch of Graha Famili, a prestigious residential
                                                                           area in West Surabaya.




                     Menyelesaikan pembangunan dan mulai beroperas-        The construction of Intiland Tower Surabaya was com-
1997                 inya Intiland Tower Surabaya.                         pleted, and it began operations.




2007                 Perseroan sukses melakukan restrukturasi dan ber-
                     transformasi menjadi menjadi PT Intiland Develop-
                                                                           The Company successfully completed its restructuring
                                                                           and transformed into PT Intiland Development Tbk.
                     ment Tbk.




2008                 Penyelesaian pembangunan Regatta tahap I yang ter-
                     diri dari empat tower apartemen.
                                                                           The completion of Phase I of the Regatta development,
                                                                           which consists of four apartment towers.




2010                 •    Penawaran Umum Terbatas III dengan nilai
                          Rp 2,7 triliun.
                                                                           •    The Limited Public Offering III with a value of Rp
                                                                                2.7 trillion.
                     •    Dimulainya pengembangan kawasan peruma-          •    The commencement of development of landed
                          han Graha Natura Surabaya.                            residential Graha Natura, Surabaya.
                     •    Peresmian Whiz Hotel Yogyakarta, hotel perta-    •    The inauguration of Whiz Hotel Yogyakarta, the
                          ma di bawah bendera PT Intiwhiz International.        first hotel under PT Intiwhiz International.




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     2011                •   Peluncuran South Quarter, pengembangan ka-
                             wasan mixed-use terpadu di Jakarta Selatan.
                                                                                 •   The launch of South Quarter, an integrated
                                                                                     mixed-use development in South Jakarta.
                         •   Pengembangan kawasan mixed-use Aeropolis            •   The development of Aeropolis mixed-use area lo-
                             yang berlokasi dekat dengan Bandara Interna-            cated close to Soekarno-Hatta International Air-
                             sional Soekarno-Hatta, Tangerang.                       port, Tangerang.




     2013                •   Pembangunan apartemen 1Park Avenue di Ja-
                             karta Selatan.
                                                                                 •   Starting construction of 1Park Avenue apartment
                                                                                     in South Jakarta.
                         •   Penerbitan obligasi senilai Rp500 miliar.           •   Issuance of bonds worth Rp500 billion.
                         •   Regatta meraih penghargaan kondominium ter-         •   Regatta was awarded the best condominium in
                             baik di Indonesia di ajang South East Asia Prop-        Indonesia at the South East Asia Property Awards
                             erty Awards 2013.                                       2013.




     2014                •   Divestasi 60% saham PT Intiland Infinita, entitas
                             induk dari jaringan hotel Intiwhiz.
                                                                                 •   The divestment of 60% stake in PT Intiland Infini-
                                                                                     ta, the parent entity of Intiwhiz hotel chain.
                         •   Pembangunan kawasan mixed-use terpadu               •   The construction of Praxis, an integrated mixed-
                             Praxis dan perkantoran Spazio Tower, Surabaya.          use area and Spazio Tower offices, Surabaya.
                         •   Meraih penghargaan Top 50 Perusahaan Publik         •   Awarded Top 50 Best Public Companies in Indo-
                             Terbaik di Indonesia oleh Forbes Indonesia dan          nesia by Forbes Indonesia and Top 10 Developer
                             Top 10 Developer dari Building & Construction           by Building & Construction Interchange (BCI) Asia
                             Interchange (BCI) Asia Award.                           Award.
                         •   Pembangunan Regatta tahap II, yang meliputi         •   The construction of Regatta phase II, which in-
                             tower London, New York, dan Shanghai.                   cludes London, New York, and Shanghai towers.
                         •   Peluncuran Intiland Teduh, program kepedulian       •   The launch of Intiland Teduh, an awareness pro-
                             yang bertujuan menyediakan fasilitas tem-               gram aimed at providing decent living facilities
                             pat tinggal yang layak bagi masyarakat kurang           for the underprivileged.
                             mampu.




     2015                •   Penyelesaian South Quarter tahap I dan mem-
                             peroleh sertifikasi Gold-Design Recognition dari
                                                                                 •   The completion of South Quarter phase I and
                                                                                     obtained Gold-Design Recognition certification
                             Green Building Council Indonesia (GBCI)                 from Green Building Council Indonesia (GBCI)
                         •   Peluncuran Graha Golf, kondominium dengan           •   The launch of Graha Golf, a condominium with
                             panorama padang golf, di Graha Famili, Sura-            golf course views, at Graha Famili, Surabaya.
                             baya.
                         •   Pembentukan dua perusahaan baru, PT Intiland        •   The establishment of two new companies, PT In-
                             Alfa Rendita dan PT Inti Algoritma Perdana seba-        tiland Alfa Rendita and PT Inti Algorithm Perdana
                             gai entitas anak usaha yang fokus pada dukun-           as subsidiaries that focus on supporting infra-
                             gan layanan infrastruktur dan jaringan sistem           structure services and information technology
                             teknologi informasi di proyek-proyek Perseroan.         system networks in the Company’s projects.




48
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PT Intiland Development Tbk                                                                                       Company Profile




2016                 •    Peluncuran proyek low-rise residential The Rose-
                          bay, Graha Famili, Surabaya.
                                                                             •   The launch of low-rise residential project The
                                                                                 Rosebay, Graha Famili, Surabaya.
                     •    Dimulainya pengembangan kawasan Graha              •   The commencement of Graha Natura phase II de-
                          Natura tahap II.                                       velopment.
                     •    Penerbitan Obligasi II Intiland Development Ta-    •   The issuance of Bonds II Intiland Development
                          hun 2016 senilai Rp590 miliar.                         2016 worth Rp590 billion.
                     •    Perseroan melalui entitas anak menjalin kerja      •   The Company through its subsidiaries established
                          sama strategis dengan Reco Kris Pte Ltd, enti-         a strategic partnership with Reco Kris Pte Ltd, a
                          tas anak GIC Singapura untuk kepemilikan dan           subsidiary of GIC Singapore for the ownership and
                          pengembangan tahap I dan II South Quarter              development of South Quarter phase I and II.




2017                 •    Pengembangan kawasan South Quarter tahap II,
                          melalui pembangunan apartemen SQ Res.
                                                                             •   South Quarter phase II development, through the
                                                                                 construction of SQ Res apartment.
                     •    Joint venture dengan GIC Singapore untuk kepe-     •   Joint venture with GIC Singapore for the owner-
                          milikan dan pengembangan tahap I proyek Fifty          ship and development of phase I of the Fifty Seven
                          Seven Promenade dan peluncuran aparteman               Promenade project and the launch of Fifty Seven
                          Fifty Seven Promenade.                                 Promenade apartments.
                     •    Presiden Direktur & CEO Intiland Bapak Hendro      •   Intiland’s President Director & CEO Mr. Hendro
                          S. Gondokusumo meraih penghargaan Asian En-            S. Gondokusumo won the Asian Entrepreneur
                          terpreneur Awards for Real Estate Development          Awards for Real Estate Development from For-
                          dari Fortune Times Awards.                             tune Times Awards.
                     •    Meraih penghargaan Top 50 Mid Cap Public List-     •   Received the Top 50 Mid Cap Public Listed Compa-
                          ed Companies dari The 9th IICD Corporate Gov-          nies award from The 9th IICD Corporate Govern-
                          ernance Awards 2017.                                   ance Awards 2017.




2018                 •
                     •
                          Pembangunan apartemen SQ Res, Jakarta.
                          Groundbreaking program perumahan rakyat di
                                                                             •
                                                                             •
                                                                                 The construction of SQ Res apartment, Jakarta.
                                                                                 The groundbreaking of public housing program in
                          Pacitan, Jawa Timur dengan berkolaborasi den-          Pacitan, East Java by collaborating with regional
                          gan para pengembang daerah.                            developers.
                     •    Perseroan mendapatkan sindikasi pinjaman per-      •   The Company obtained a syndicated bank loan
                          bankan senilai Rp2,8 triliun dari PT Bank Negara       worth Rp2.8 trillion from PT Bank Negara Indo-
                          Indonesia (Persero) Tbk dan PT Bank Central Asia       nesia (Persero) Tbk and PT Bank Central Asia Tbk.
                          Tbk.




2019                 •    Kerjasama strategis dengan PT Menara Pram-
                          banan untuk pengembangan proyek mixed-use
                                                                             •   Strategic partnership with PT Menara Prambanan
                                                                                 for the development of mixed-use and high rise
                          dan high rise Poins Square di Jakarta Selatan.         project Poins Square in South Jakarta.
                     •    Menandatangani Conditional Sale and Purchase       •   Signed Conditional Sale and Purchase Agreement
                          Agreement (CSPA) untuk menjual 9% saham di             (CSPA) to sell 9% stake in South Quarter for Rp 244
                          South Quarter senilai Rp 244 miliar kepada Reco        billion to Reco Kris Private Limited.
                          Kris Private Limited.
                     •    Divestasi saham dan piutang dari anak perusa-      •   Divestment of shares and receivables from a sub-
                          haan yang mengoperasikan National Hospital             sidiary that operates National Hospital Surabaya.
                          Surabaya.




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     Profil Perusahaan                                                                                   Laporan Tahunan | Annual Report 2024




     2020                •   Serah terima unit kondominium Graha Golf ke-
                             pada pembeli.
                                                                                 •   Handover of Graha Golf condominium units to
                                                                                     buyers.
                         •   Meluncurkan Intiland Youth Panel, program           •   The launch of Intiland Youth Panel, a Corporate
                             Corporate Social Responsibility (CSR) yang fokus        Social Responsibility (CSR) program that focuses
                             pada pemberdayaan generasi muda.                        on youth empowerment.




     2021                •   Peluncuran proyek baru Tierra, pengembangan
                             mixed-use seluas 7,5 hektare di Surabaya.
                                                                                 •   The launch of the new project Tierra, a 7.5-hec-
                                                                                     tare mixed-use development in Surabaya.
                         •   Meluncurkan proyek baru Amesta Living, sebuah       •   The launch of the new project “Amesta Living,” an
                             pengembangan kawasan mixed-use terpadu                  integrated mixed-use development comprising
                             yang meliputi perumahan, apartemen, komer-              residential, apartment, commercial, retail, and
                             sial, ritel dan perkantoran di Surabaya Timur.          office space in East Surabaya.
                         •   Akuisisi saham PT Segajung dan pengaktifan          •   Acquired PT Segajung shares and reactivated the
                             kembali izin usaha kawasan industri melalui             industrial estate business permit through the sub-
                             entitas anak perusahaan PT Jateng Industri In-          sidiary PT Jateng Industri Intiland.
                             tiland.
                         •   Serenia Hills dinobatkan sebagai perumahan          •   Serenia Hills was named the best housing estate
                             terbaik di dunia setelah meraih penghargaan             in the world after winning the World Gold Winner
                             World Gold Winner Fiabci Prix d’Excellence              award at the FIABCI Prix d’Excellence Awards.
                             Awards.                                             •   Conducted a Sustainable Public Offering of Sukuk
                         •   Penawaran Umum Berkelanjutan Sukuk Ijarah               Ijarah I Intiland Development worth Rp250 bil-
                             Berkelanjutan I Intiland Development senilai            lion.
                             Rp250 miliar.




     2022                •   Dimulainya pengembangan kawasan industri
                             Batang Industrial Park (BIP), Batang, Jawa Ten-
                                                                                 •   Commenced development of Batang Industrial
                                                                                     Park (BIP), Batang, Central Java.
                             gah.
                         •   Kerjasama strategis bersama Mitbana Urban           •   Formed a strategic partnership with Mitbana
                             Development Fund (“Mitbana”) untuk pengem-              Urban Development Fund (“Mitbana”) for the
                             bangan kawasan Transit-Oriented Development             development of a 51-hectare integrated Transit-
                             terpadu seluas 51 hektare di Talaga Bestari,            Oriented Development area in Talaga Bestari,
                             Tangerang. .                                            Tangerang.
                         •   Penawaran Umum Berkelanjutan Sukuk Ija-             •   Conducted the Sustainable Public Offering of
                             rah Berkelanjutan I tahap II tahun 2022 senilai         Sukuk Ijarah Berkelanjutan I Phase II in 2022
                             Rp250 miliar dan Sukuk Ijarah Berkelanjutan I In-       worth Rp250 billion and Sukuk Ijarah Berkelan-
                             tiland Development Tahap III tahun 2022 senilai         jutan I Intiland Development Phase III in 2022
                             Rp250 miliar.                                           worth Rp250 billion.
                         •   South Quarter dinobatkan sebagai Perkantoran        •   South Quarter was named the best office in
                             Terbaik di Dunia setelah meraih penghargaan             the world after winning the World Gold Win-
                             World Gold Winner, dari FIABCI World Prix               ner award at the FIABCI World Prix d’Excellence
                             d’Excellence Awards 2022.                               Awards 2022.
                         •   Intiland meraih penghargaan TrenAsia ESG Ex-        •   Intiland won the TrenAsia ESG Excellence 2022
                             cellence 2022 kategori Commercial Property for          award in the “Commercial Property for Sustain-
                             Sustainability.                                         ability” category.




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PT Intiland Development Tbk                                                                                         Company Profile




2023                 •    Beroperasinya pabrik pertama di Batang Indus-
                          trial Park, Batang, Jawa Tengah.
                                                                             •   Began operations at the first factory in Batang
                                                                                 Industrial Park, Batang, Central Java.
                     •    Serah terima unit-unit apartemen SQ Res, South     •   Completed the handover of apartment units at
                          Quarter, Jakarta.                                      SQ Res, South Quarter, Jakarta.
                     •    Peresmian Whiz Luxe Hotel Spazio Surabaya,         •   Inaugurated the Whiz Luxe Hotel Spazio Sura-
                          hotel bintang lima pertama di jaringan hotel           baya, the first five-star hotel in the Intiwhiz hotel
                          Intiwhiz.                                              chain.
                     •    Peluncuran proyek baru Brezza, komplek hunian      •   The launch of Brezza, a modern townhouse resi-
                          townhouse modern di Pantai Mutiara, Pluit, Ja-         dential complex in Pantai Mutiara, Pluit, North
                          karta Utara.                                           Jakarta.
                     •    Peluncuran Green Bestari Park, pengembangan        •   The launch of Green Bestari Park, a 51-hec-
                          kawasan terpadu seluas 51 hektare di Talaga Be-        tare integrated development in Talaga Bestari,
                          stari Tangerang, melalui perusahaan joint ven-         Tangerang, through a joint venture with PT Inti
                          ture PT Inti Mitbana Development.                      Mitbana Development.
                     •    Pendiri dan Direktur Utama Intiland Bapak Bap-     •   Intiland’s Founder and President Director, Mr.
                          ak Hendro S. Gondokusumo menerima penghar-             Hendro S. Gondokusumo, received the Most Fa-
                          gaan sebagai Tokoh Perumahan Nasional Terfa-           vorite National Housing Figure award from the
                          vorit dari Himpunan Pengembang Permukiman              Association of Settlement and Housing Develop-
                          dan Perumahan Rakyat (HIMPERRA).                       ers (HIMPERRA).




2024                 •    Groundbreaking tiga proyek unggulan Perseroan
                          di Ibu Kota Nusantara (IKN) oleh Presiden Repub-
                                                                             •   Held the groundbreaking ceremony for the Com-
                                                                                 pany’s three flagship projects in the Capital City
                          lik Indonesia Bapak Joko Widodo di Kawasan Inti        of Nusantara (IKN), led by the President of the
                          Pusat Pemerintahan (KIPP) IKN 1B, Kalimantan.          Republic of Indonesia, Mr. Joko Widodo, in the
                                                                                 Government Core Center Area (KIPP) IKN 1B, Ka-
                                                                                 limantan.
                     •    Meraih penghargaan Best Sukuk Ijarah di acara      •   Won the Best Sukuk Ijarah award at the Best Sha-
                          Best Sharia Awards 2024 yang digelar oleh In-          ria Awards 2024 organized by Investortrust.id.
                          vestortrust.id.
                     •    Serah terima lahan CSR di perumahan Puri Per-      •   Completed the handover of CSR land in the Puri
                          mata Indah, Pacitan, Jawa Timur, kepada Pemer-         Permata Indah housing complex, Pacitan, East
                          intah Kabupaten (Pemkab) Pacitan, Jawa Timur.          Java, to the Pacitan Regency Government, East
                                                                                 Java.
                     •    Proyek Poins meraih penghargaan dari Dewan         •   The Poins mall received an award from the Ja-
                          Transportasi Kota Jakarta (DTKJ) Awards 2024           karta Transportation Council (DTKJ) Awards 2024
                          sebagai Kawasan Komersial/Gedung yang me-              for being a commercial area/building that pro-
                          nyediakan fasilitas terbaik untuk mendukung            vides the best facilities to support the integration
                          integrasi angkutan umum, moda transportasi             of public transportation, active transportation
                          aktif, serta mobilitas untuk penyandang disa-          modes, and accessibility for people with disabili-
                          bilitas.                                               ties.
                     •    Pelunasan pokok Sukuk Ijarah Berkelanjutan I In-   •   The principal repayment for Intiland Develop-
                          tiland Development Tahap III Tahun 2022 Seri A         ment I Sustainable Sukuk Ijarah Phase III of 2022
                          senilai Rp125 miliar.                                  Series A amounting to IDR 125 billion.




                                                                                                                                         51
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     Profil Perusahaan                                                                            Laporan Tahunan | Annual Report 2024




     VISI, MISI DAN NILAI PERUSAHAAN
     Vision, Mission, and Corporate Values




     Visi                Intiland memberi peluang bagi seluruh masyarakat Indonesia un-
     Vision              tuk menikmati kehidupan yang nyaman. Kehidupan yang nyaman
                           adalah hidup yang bahagia dan sejahtera, dikelilingi oleh orang-
                          orang yang dikasihi dan teman-teman dekat, dalam rumah yang
                         nyaman dan indah, di lingkungan yang bersih dan menyenangkan
                                                                 dengan fasilitas terbaik.

                                                  Intiland provides possibility to experience of not only living, but living well
                                                   throughout Indonesia. Living well is living happy life surrounded by loved
                                                  ones and good friends in a comfortable and beautiful home in a clean and
                                                                             picturesque environment with excellent facilities.




     Misi                 Intiland memiliki reputasi sebagai pengembang properti yang
     Mission         transparan, terpercaya, pengagas tren terdepan, berkomitmen un-
                       tuk berkembang dan meningkatkan keuntungan jangka panjang,
                             serta berlaku adil terhadap semua pemangku kepentingan.
                                                  Intiland is reputed as a transparent, trustworthy and trendsetting property
                                                developer committed to highly sustainable and long-term growth and profit-
                                                                                 ability that deals fairly with all stakeholders.




52                                                                                                            SQ Res
Page 53
PT Intiland Development Tbk                                                                                             Company Profile



Nilai Perusahaan
Corporate Values

Satu Atap, Lima Pilar
One Roof, Five Pillars

Nilai-nilai Perusahaan merupakan sikap yang dijunjung tinggi         Corporate Values are the attitude that is continuously upheld
dalam pelaksanaan segala aktivitas pertumbuhan dan perkem-           in carrying out all activities for the growth and development of
bangan Intiland. Perseroan menjunjung tinggi lima nilai yang         the Company. Intiland stands tall on five values known as TRICE,
dikenal sebagai TRICE, yaitu:                                        namely:




Trustworthy                       Kami membangun KEPERCAYAAN dengan menjunjung tinggi komitmen kami untuk membawa
                                  diri kami dengan integritas dan rasa tanggung jawab.
(Kepercayaan)                     We build TRUSTWORTHINESS by upholding our commitment to carrying ourselves with integrity
                                  and a sense of responsibility.



Respect                           HORMAT merupakan bagian integral dari kepercayaan, dan kami menaruh hormat kepada pe-
                                  mangku kepentingan kami serta lingkungan di mana kami beroperasi.
(Hormat)                          RESPECT is integral to this trustworthiness, and we have as much regard to our stakeholders as to
                                  the environment in which we operate.



Innovation                        Dalam mengatasi tantangan kami sangat percaya kepada INOVASI yang mengagumkan yang
                                  hanya dapat berkembang di dalam budaya yang mendukung keterbukaan dan keberanian untuk
(Inovasi)                         mencoba
                                  We are firm believers in conquering challenges through awesome INNOVATION, which can only
                                  thrive in a culture that endorses openness and the courage to try.



Caring                            Namun, inovasi adalah kosong tanpa sentuhan kemanusiaan dan inilah alasan mengapa kami
                                  menanamkan empati dalam tindakan KEPEDULIAN kami, apakah itu melalui pelayanan yang
(Kepedulian)                      tulus atau bantuan kepada mereka yang membutuhkan.
                                  Yet, innovation is empty without the human touch and this is the reason why we ingrain empathy
                                  in our acts of CARE, whether it be through our sincere service or assistance to those in need of relief.



Excellence                        Kami menjalankan operasional kami dengan cara-cara tersebut di atas untuk mencapai KEUNG-
                                  GULAN dalam semua usaha kami dan dengan demikian memantapkan peran kami dalam
(Keunggulan)                      kehidupan masyarakat pada hari ini dan di masa datang.
                                  We operate in the above ways to attain EXCELLENCE in all our ventures and thus, cement our role
                                  in the lives of people today and in the future.




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     Profil Perusahaan                                                                                          Laporan Tahunan | Annual Report 2024


     PENINJAUAN KEMBALI VISI DAN MISI PERUSAHAAN                          REVIEW OF THE COMPANY’S VISSION AND MISSION
     Direksi dan Dewan Komisaris Perseroan secara berkala melaku-         The Board of Directors and Commissioners periodically review
     kan penilaian kembali atas visi dan misi Perusahaan. Berdasar-       the Company’s vision and mission. Based on the review and study
     kan peninjauan dan kajian yang dijalankan di tahun 2024, Direksi     carried out in 2024, the Company’s vision and mission were con-
     dan Dewan Komisaris menilai bahwa visi dan misi Perusahaan           sidered to still be relevant and in line with the Company’s goals
     masih relevan dan sesuai dengan tujuan dan arah pengemba-            and direction of development.
     ngan Perusahaan.


     STRATEGI PERUSAHAAN                                                  CORPORATE STRATEGY

     Pertumbuhan Organik                                                  Organic Growth
     Pertumbuhan organik merupakan salah satu strategi kunci den-         Organic growth is one of the key strategies, with an approach
     gan model pendekatan dan fokus utama pada peningkatan nilai          model and main focus is on optimizing asset value and land bank
     aset dan cadangan lahan secara optimal. Kebijakan ini bertujuan      reserves. This policy aims to maximize the return on investment
     untuk memaksimalkan tingkat pengembalian investasi bagi para         for shareholders by prioritizing the principle of prudence at every
     pemegang saham dengan mengutamakan prinsip kehati-hatian             stage of planning, development, and asset and land bank man-
     dalam setiap tahapan perencanaan, pengembangan, dan pen-             agement.
     gelolaan aset serta cadangan lahan.


     Kunci dari strategi ini adalah melakukan evaluasi secara berkala     The key to this strategy is conducting regular evaluations of as-
     terhadap kualitas aset sehingga memungkinkan Perseroan un-           set quality, allowing the Company to identify assets that are less
     tuk mengidentifikasi aset yang kurang menguntungkan atau             profitable or no longer in line with the business strategy. Through
     tidak lagi sesuai dengan strategi bisnis. Dengan cara tersebut,      this approach, the Company can identify assets with higher in-
     Perseroan juga dapat mengidentifikasi aset-aset yang memiliki        vestment return potential.
     potensi pengembalian investasi yang lebih tinggi.


     Strategi pertumbuhan organik membantu dalam melakukan                The organic growth strategy aids in divesting less profitable as-
     divestasi terhadap aset-aset yang kurang menguntungkan dan           sets and reallocating resources to more potential assets, thus op-
     mengalokasikan sumber daya ke aset yang lebih potensial, se-         timizing the portfolio and increasing the Company’s value. The
     hingga portofolionya lebih optimal dan meningkatkan nilai            implementation of this strategy reflects the Company’s commit-
     perusahaan. Penerapan strategi ini mencerminkan komitmen             ment to achieving sustainable growth and delivering significant
     perusahaan untuk mencapai pertumbuhan berkelanjutan dan              added value for shareholders through efficient asset manage-
     memberikan nilai tambah yang signifikan bagi pemegang saham          ment.
     melalui pengelolaan aset yang efisien.


     Peluang Akuisisi                                                     Acquisition Opportunities
     Akuisisi merupakan strategi kunci untuk mencapai pertumbu-           Acquisition is a key strategy to achieving sustainable growth and
     han berkelanjutan dan menciptakan nilai jangka panjang bagi          providing long-term value for shareholders. Each acquisition plan
     pemegang saham. Setiap rencana akuisisi dipertimbangkan se-          is strategically considered to support the Company’s vision and
     cara strategis untuk mendukung visi dan misi Perusahaan yang         mission, aiming to expanding market share and rapidly grow the
     tujuannya memperluas pangsa pasar dan mengembangkan bis-             business.
     nis dengan cepat.


     Strategi ini meliputi akuisisi lahan baru, perusahaan properti       This strategy is pursued to obtain acquisition opportunities in
     yang sudah mapan, atau potensi bisnis lain di sektor properti. Pe-   the form of developing new land, acquiring established property
     rusahaan dapat menangkap peluang-peluang yang muncul, se-            companies, or even other business potential related to the prop-
     perti lahan strategis, properti yang menguntungkan, atau kolab-      erty sector. The Company can seize opportunities that arise, such
     orasi bisnis, terutama pada segmen pengembangan kawasan              as strategic land, profitable properties, or even potentially profit-
     perumahan, mixed-use and high-rise, dan kawasan industri.            able business collaborations, especially in the residential, mixed
                                                                          use and high rise, and industrial area development segments.


     Strategi akuisisi membantu Perusahaan dalam memperluas por-          The acquisition strategy helps the Company expand their port-
     tofolio, meningkatkan pendapatan, memperkuat posisi pasar,           folio, increase revenue, strengthen its market position, and gain
     serta memperoleh akses ke segmen pasar baru, teknologi, mau-         access to new market segments, technologies, and expertise that
     pun keahlian yang meningkatkan daya saing di industri properti.      enhance its competitiveness in the property industry.


     Kerja Sama Strategis                                                 Strategic Cooperation
     Kerja sama strategis merupakan langkah penting bagi Perseroan        Strategic cooperation is an important step for the Company to
     untuk menciptakan pertumbuhan melalui pendekatan kolabo-             create growth through a collaborative approach and cooperation
     rasi dan kerjasama dengan para pemilik lahan, investor, dan pe-      with land owners, investors and capital owners who have visions



54
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PT Intiland Development Tbk                                                                                         Company Profile


milik modal yang memiliki visi dan tujuan yang sejalan dengan     and goals that are in line with the Company’s growth strategy.
strategi pertumbuhan perusahaan. Melalui strategi ini Perusa-     Through this strategy the Company can expand and increase
haan dapat memperluas dan meningkatkan akses terhadap ber-        access to various important resources for the development of
bagai sumber daya penting untuk pengembangan proyek-proyek        larger and more complex property projects.
properti yang lebih besar dan lebih kompleks.


Perseroan dapat memanfaatkan keahlian dan pengalaman mas-         The Company can utilize the expertise and experience of each
ing-masing pihak untuk mengoptimalkan nilai proyek, manaje-       party to optimize project value, risk management, and achieve
men risiko, dan mencapai hasil yang lebih baik secara keselu-     better results overall. Strategic cooperation is an important in-
ruhan. Kerja sama strategis menjadi instrumen penting untuk       strument to improve the Company’s ability to access resources,
meningkatkan kemampuan Perseroan dalam mengakses sum-             reduce risks, and achieve sustainable growth goals.
ber daya, mengurangi risiko, dan mencapai tujuan pertumbuhan
yang berkelanjutan.


Manajemen Modal dan Investasi                                     Capital and Investment Management
Pengelolaan keuangan yang baik menjadi salah satu aspek ter-      Good financial management is one of the most important as-
penting dalam upaya menjaga ketersediaan dana bagi pengem-        pects in efforts to maintain the availability of funds for current
bangan saat ini maupun rencana pengembangan di masa men-          development and future development plans. The Company care-
datang. Perseroan secara hati-hati menjalankan pengawasan         fully monitors working capital and financial position reports to
modal kerja dan laporan posisi keuangan untuk menjaga fleksi-     maintain financial flexibility and ensure the availability of re-
bilitas keuangan serta memastikan ketersediaan cadangan.          serves.


Perseroan juga secara terus menerus menjajaki peluang-peluang     The Company also continuously explores opportunities to in-
untuk meningkatkan kemampuan pendanaan untuk pengem-              crease its funding capacity for developing projects in the medi-
bangan proyek-proyek secara jangka menengah atau jangka           um or long term. Efforts to secure adequate financial resources
panjang. Upaya mengamankan sumber daya keuangan yang me-          and create flexibility in funding sources are one of the priorities
madai serta menciptakan flesibilitas sumber pendanaan men-        to support company growth and expansion. This effort helps the
jadi salah satu prioritas untuk mendukung pertumbuhan dan         Company reduce financial risk and increase flexibility in facing
ekspansi perusahaan. Upaya ini membantu Perusahaan dalam          dynamic changes in market conditions.
mengurangi risiko keuangan dan meningkatkan fleksibilitas
dalam menghadapi perubahan kondisi pasar yang dinamis.


KEGIATAN USAHA                                                    BUSINESS ACTIVITIES
Perseroan menjalankan kegiatan usaha ke dalam empat segmen        The Company divides its business activities into 4 core segments
portofolio utama yaitu pengembangan mixed-use dan high rise,      portfolio namely, development of mixed-use and high-rise build-
perumahan, kawasan industri, dan properti investasi di sekitar    ings, landed residential, industrial estate and investment proper-
wilayah Jabodetabek (Jakarta, Bogor, Depok, Tangerang, Bekasi),   ties in the Greater Jakarta area (Jakarta, Bogor, Depok, Tangerang
Surabaya dan sekitarnya, serta Batang, Jawa Tengah.               and Bekasi) as well as Surabaya and its surrounding areas and
                                                                  Batang, Central Java.


Dari segi pendapatan usaha, Perusahaan membukukan pen-            In terms of revenue, the Company earns revenue from sales of
dapatan dari pengakuan penjualan real estat dan pendapatan        real estate and recurring income from office rental, the develop-
berulang (recurring income) atas usaha sewa perkantoran, usaha    ment of hotel chain and management of golf course as well as
pengembangan jaringan hotel, dan pengelolaan lapangan golf        sports facilities in several cities in Indonesia.
serta fasilitas olahraga di sejumlah kota di Indonesia.


Informasi mengenai kegiatan usaha Perseroan dan segmen            Information on the Company’s business activities and develop-
pengembangan properti dibahas lebih detail pada bab Analisa       ment segment is discussed in greater detail in the Management
dan Diskusi Manajemen.                                            Discussion and Analysis chapter.




                                                                                                                                        55
                                                                                                                                        55
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     Profil Perusahaan                                                                                                                 Laporan Tahunan | Annual Report 2024



     Peta Operasional
     Operational Maps


     Peta Operasional Pulau Jawa / Java Island Operational Maps




                 Existing Toll Road            Intiland Project




     Peta Operasional Jakarta /Jakarta Operational Maps




     Radius 5 km dari Semanggi Interchange, CBD                       Radius 10 km dari Semanggi Interchange, CBD      Proyek lain di Jakarta dan sekitarnya
     5km radius from Semanggi Interchange, CBD                        10km radius from Semanggi Interchange, CBD       Other projects within Jakarta and its Greater Area
     •   Intiland Tower                                               •   South Quarter                                •   Pantai Mutiara
     •   Fifty Seven Promenade                                        •   SQ Rés                                       •   Regatta
     •   Graha Pratama                                                •   South Grove                                  •   Brezza
     •   1Park Avenue                                                 •   Serenia Hills                                •   Aeropolis
     •   1Park Homes                                                  •   Delima House                                 •   Talaga Bestari
                                                                      •   Pinang Residences                            •   Green Bestari Park
                                                                      •   Serenia Estate                               •   Magnolia Residence
                                                                      •   Poins                                        •   Maja
                                                                      •   Virya Semanan
                                                                      •   Sakha Semanan
                                                                      •   West One City


                          Existing Toll Road                Planned Toll Road                  MRT                  Existing Railway                Intiland Project




56
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PT Intiland Development Tbk                                                                                                                   Company Profile


Peta Operasional Surabaya | Central Java Operational Maps




                                                                                                                                           Existing Toll Road

                                                                                                                                           Planned Toll Road

                                                                                                                                           Existing Railway

                                                                                                                                           Intiland Project




Radius 5 km dari Jl. Panglima Sudirman, CBD Surabaya   Radius 8km dari Jl. Panglima Sudirman, CBD Surabaya   Proyek lain di Surabaya dan sekitarnya
5 km radius from Jl. Panglima Sudirman, CBD Surabaya   8km radius from Jl. Panglima Sudirman, CBD Surabaya   Other projects within Surabaya and its Greater Area
•   Intiland Tower                                     •   Graha Famili                                      •   Ngoro Industrial Park
•   Praxis                                             •   Spazio
•   Sumatra 36                                         •   Spazio Tower                                      Proyek lain di Batang dan sekitarnya

•   World Trade Center                                 •   Graha Golf                                        Other projects within Batang and its Greater Area

                                                       •   The Rosebay                                       •   Batang Industrial Park

                                                       •   Golf Graha Famili
                                                       •   Tierra
                                                       •   Graha Natura
                                                       •   Plaza Segi Delapan
                                                       •   Amesta Living




             The Rosebay                                                                                                                                           57
                                                                                                                                                                   57
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      Profil Perusahaan                                                                                                                                                                                                                                      Laporan Tahunan | Annual Report 2024



     Struktur Organisasi
     Organization Structure

         DEWAN KOMISARIS / BOARD OF COMMISSIONERS

         Komisaris Utama / President Commissioner                            Sinarto Dharmawan

         Wakil Komisaris Utama & Komisaris Independen                        Dr. Sofyan A. Djalil
         Vice President Commissioner / Independent Commissioner
                                                                                                                          KOMITE NOMINASI & REMUNERASI /                      KOMITE AUDIT / AUDIT COMMITTEE
         Komisaris Independen / Independent Commissioner                     Thio Gwan Po Micky                           NOMINATION & REMUNERATION COMMITTEE
                                                                                                                                                                              Ketua / Chairman       Friso Palilingan
         Komisaris Independen / Independent Commissioner                     Friso Palilingan                             Ketua / Chairman         Thio Gwan Po Micky
                                                                                                                                                                              Anggota / Member       Fransiscus Alip
         Komisaris / Commissioner                                            Jahja Asikin                                 Anggota / Member         Sinarto Dharmawan                                 Atik Susanto
                                                                                                                                                   Jahja Asikin
         Komisaris / Commissioner                                            Ping Handayani Hanli




         DEWAN DIREKTUR /BOARD OF DIRECTORS
         Direktur Utama / President Director                    Hendro S. Gondokusumo               Direktur / Director        Permadi Indra Yoga                              KOMITE MANAJEMEN RISIKO
         Wakil Direktur Utama / Vice President Director         Suhendro Prabowo                    Direktur / Director        Perry Yoranouw
                                                                                                                                                                                Ketua / Chairman         Perry Yoranouw
         Wakil Direktur Utama / Vice President Director         Utama Gondokusumo                   Direktur / Director        Novita Anggriani
                                                                                                                                                                                Anggota / Member         Kepala Divisi
         Direktur / Director                                    Archied Noto Pradono                                                                                                                     / Division Head




            Hendro Santoso Gondokusumo
        Kepala Eksekutif / Chief Executive Officer                  Irene P. Rahardjo                                         Susan Pranata                                    Theresia Rustandi                                                              David Kurniawan
                                                             Kepala Komunikasi Pemasaran                                Kepala Pemasaran Korporat                           Sekretaris Perusahaan                                                           Kepala Audit Internal
                                                          / Head of Marketing Communications                          / Head of Corporate Marketing                          / Corporate Secretary                                                         / Head of Internal Audit

                   Suhendro Prabowo
                    Kepala Konstruksi
               / Chief Construction Officer
                                                                    Antony Purnama                                               Poppy Tan                                          Pimpinan Proyek / Heads of Project:
                                                                 Kepala Manajemen Aset                                       Kepala Pengadaan                           Budiman Kurniawan,Fransiska Tatik Yudianti,Ganesha Prabowo
                                                              / Head Of Asset Management                                   / Head of Procurement
                  Utama Gondokusumo
            Kepala Komersial dan Industrial
        / Chief Commercial and Industrial Officer
                                                                      David Hosea                                       Anita Dwi Kurnia Widya                                Endah Kelanasari                                   Babay Saubariyah                           Pimpinan Proyek / Heads of Project:
                                                              Kepala Subholding Surabaya                              Kepala Sumber Daya Manusia                              Kepala Pelayanan                               Kepala Pengelolaan Gedung          Chandra M. Makmoen,Trijas Hwe B. Hokgiarto,Wihardi Hosen
                                                             / Head of Subholding Surabaya                              / Head of Human Capital                               / Head of Services                           / Head of Building Management

                 Permadi Indra Yoga
          Perencanaan / Chief Planning Officer

                                                                    Satrio Pembayun
                                                               Kepala Perencanaan Proyek
                                                                / Head of Project Planning
                   Novita Anggriani
                   Kepala Keuangan
                / Chief Financial Officer
                                                                        Tientien
                                                                Residential Development                                    Rizki Aulia Nasution
                                                          Kepala Keuangan, Akuntansi & Pajak                           Kepala Pengembangan Bisnis
                                                          / Head of Finance, Accounting & Tax                         / Head of Business Development
                 Archied Noto Pradono
                    Kepala Investasi
               / Chief Investment Officer
                                                                     FransiskaDevelopment
                                                                  Residential  Husada                                      Nathan Tanugraha
                                                                                                                        Residential  Development
                                                                     General Counsel                            Kepala Manajemen Modal dan Investasi
                                                                                                             / Head of Capital and Investment Management

                     Perry Yoranouw
                   Kualitas dan Risiko
             / Chief Quality and Risk Officer
                                                                           Refi                                        Bayu Agung Satriosejati                          Ahmad Saifioskandar Jatiwiyono
                                                           Capital & Investment Management                                   Corporate Legal                                       Corporate Legal
                                                               Kepala Teknologi Informasi                          Kepala QCI dan Manajemen Risiko                          Kepala Infrastruktur ICT
                                                                   Nathan Tanugraha                                         Fransiska Husada                                      Fransiska Husada
                                                            / Head of Information Technology                      / Head of QCI and Risk Management                       / Head of ICT Infrastructure




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     Profil Perusahaan                                                                              Laporan Tahunan | Annual Report 2024



     Daftar Keanggotaan Organisasi atau Asosiasi
     Members of Organization or Association


     No    Organisasi /Organization                                 Posisi /Position


     1     Konsil Bangunan Hijau Indonesia                          Pendiri Korporat | Corporate Founder
           Green Building Council of Indonesia                      Keanggotaan Perusahaan | Corporate Member

     2     Kamar Dagang dan Industri Indonesia                      Keanggotaan Perusahaan
           Indonesia of Chamber and Commerce and Industry (KADIN)   Corporate Member

     3     Real Estate Indonesia (REI)                              Keanggotaan Perusahaan
           Indonesia Real Estate Assossiation                       Corporate Member

     4     Federasi Real Estat Internasional                        Keanggotaan Perusahaan
           International Real Estate Federation (FIABCI)            Corporate Member

     5     Asosiasi Pengusaha Indonesia                             Keanggotaan Perusahaan
           Indonesia Employers Associations                         Corporate Member

     6     Asosiasi Emiten Indonesia                                Keanggotaan Perusahaan
           Indonesian Listed Companies Association                  Corporate Member

     7     Asosiasi Pengelola Pusat Belanja Indonesia               Keanggotaan Perusahaan
           Indonesian Shopping Center Management Association        Corporate Member

     8     Asosiasi Pemilik Lapangan Golf Indonesia                 Keanggotaan Perusahaan
           Indonesian Golf Course Owners Association                Corporate Member

     9     Asosiasi Manajer Lapangan Golf Indonesia                 Keanggotaan Perusahaan
           Golf Club Manager Association of Indonesia               Corporate Member

     10    Himpunan Kawasan Industri Indonesia                      Keanggotaan Perusahaan
           Indonesia Indutrial Estates Associations                 Corporate Member

     11    Asosiasi Real Estate Broker Indonesia                    Anggota Dewan Penasehat
           Indonesia Real Estate Broker Association                 Member of Advisory Board




59                                                                                                     Batang Industrial Park
Page 60
PT Intiland Development Tbk                                                                                      Company Profile




Profil Direksi dan Dewan Komisaris
Profile of Directors and Board of Commissioners


Direksi/ Directors



                                                                 Hendro S. Gondokusumo*
                                                                 Direktur Utama
                                                                 President Director

                                                                 74 tahun, Warga Negara Indonesia
                                                                 74 years old, Indonesian Citizen

                                                                 Domisili | Domicile
                                                                 Jakarta, Indonesia




Riwayat Pendidikan          •    1993 National University of Singapore, Hu-    •      1993 National University of Singapore, Hu-
| Educational Background         man Resources Course                                 man Resources Course
                            •    1991 National University of Singapore, Mod-   •      1991 National University of Singapore, Mod-
                                 ern Management Course                                ern Management Course


Pengalaman Kerja            •    2011 – sekarang Direktur Utama PT Intiland    •      2011 – present President Director PT Inti-
| Professional Experience        Development Tbk                                      land Development Tbk
                            •    2007 – 2011 Wakil Komisaris Utama PT Inti-    •      2007 – 2011 Vice President Commissioner
                                 land Development Tbk                                 PT Intiland Development Tbk
                            •    1983 – 2007 Direktur Utama PT Dharmala In-    •      1983 – 2007 President Director PT Dharmala
                                 tiland Tbk                                           Intiland Tbk


Dasar Hukum                 Akta No.50 tanggal 31 Mei 2024                     Deed No.50 dated May 31, 2024
| Basis of Appointment


Periode Jabatan             Periode ke-3                                       Third Period
| Term of Office



Masa Jabatan                2020 – 2025                                        2020 - 2025
| Tenure


Rangkap Jabatan             •    Menjabat sebagai komisaris dan direktur di    •      Serving as a commissioner and director in
| Concurrent Position            beberapa enitas anak Perusahaan.                     several subsidiary entities of Intiland.
                            •    2023 - sekarang Anggota Dewan Pertimban-      •      2023 – present Member of Advisory Board
                                 gan Asosiasi Pengusaha Indonesia (APINDO)            The Employers’ Association of Indonesia




                                                                                                                                    60
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     Profil Perusahaan                                                                                Laporan Tahunan | Annual Report 2024




                                       •    2022 - sekarang Anggota Dewan Pengawas        •   2022 - present Advisory Board members of
                                            Asosiasi Pengusaha Lapangan Golf Indonesia        the Indonesia Golf Course Owner Associa-
                                                                                              tion (APLGI)
                                       •    2021 – sekarang Anggota Dewan Penasehat       •   2021 – present Advisory Board members of
                                            Kamar Dagang dan Industri (KADIN) Indonesia       Indonesia Chamber of Commerce (KADIN)
                                       •    2016 – sekarang Anggota Badan Pertimbangan    •   2016 – present Member of Advisory Board
                                            Organisasi Real Estat Indonesia                   the Real Estate Indonesia


            Hubungan Afiliasi          Hubungan afiliasi dengan Bapak Utama Gondoku-      Affiliate relationship with Mr. Utama Gondoku-
            | Affiliate Relationship   sumo (Wakil Direktur Utama Perseroan)              sumo (Vice President Director of the Company)



            * Meninggal dunia pada 13 Maret 2025 | Deceased on March 13, 2025.




61                                                                                                           intiland Tower
Page 62
PT Intiland Development Tbk                                                                                             Company Profile




                                                                      Suhendro Prabowo
                                                                      Wakil Direktur Utama
                                                                      Vice President Director

                                                                      72 tahun, Warga Negara Indonesia
                                                                      72 years old, Indonesian Citizen

                                                                      Domisili | Domicile
                                                                      Jakarta, Indonesia




Riwayat Pendidikan          •     1979 Sarjana teknik sipil dari Institut Teknolo-   •      1979 Bachelor’s degree in civil engineering
| Educational Background          gi Sepuluh Nopember, Surabaya                             from Sepuluh Nopember Institute of Tech-
                                                                                            nology, Surabaya.


Pengalaman Kerja            •     2007 – sekarang Wakil Direktur Utama PT Inti-      •      2007 – present Vice President Director PT In-
| Professional Experience         land Development Tbk                                      tiland Development Tbk
                            •     2001 – 2003 Komisaris Utama PT Cempaka             •      2001 – 2003 President Commissioner PT
                                  Dharmasatrya                                              Cempaka Dharmasatrya
                            •     1999 – 2007 Direktur PT Dharmala Intiland          •      1999 – 2007 Director PT Dharmala Intiland
                                  Tbk                                                       Tbk
                            •     1995 – 2001 Komisaris PT Cempaka Dharma-           •      1995 – 2001 Commissioner PT Cempaka
                                  satrya                                                    Dharmastrya
                            •     1994 – 2008 Direktur PT Taman Harapan In-          •      1994 – 2008 Director PT Taman Harapan In-
                                  dah                                                       dah
                            •     1988 – 1991 Direktur PT Pilar Mandiri Bakti        •      1988 – 1991 Director PT Pilar Mandiri Bakti
                            •     1983 – 1987 Manajer Perencanaan PT Taman           •      1983 – 1987 Planning Manager PT Taman
                                  Harapan Indah                                             Harapan Indah
                            •     1981 – 1983 Manajer Proyek PT Taman Hara-          •      1981 – 1983 Project Manager PT Taman
                                  pan Indah                                                 Harapan Indah
                            •     1979 – 1981 Manajer Lapangan PT Taman              •      1979 – 1981 Site Manager PT Taman Hara-
                                  Harapan Indah                                             pan Indah


Dasar Hukum                 Akta No.50 tanggal 31 Mei 2024                           Deed No.50 dated May 31, 2024
| Basis of Appointment

Periode Jabatan             Periode ke-4                                             Fourth Period
| Term of Office

Masa Jabatan                2020 – 2025                                              2020 - 2025
| Tenure

Rangkap Jabatan             •     Menjabat sebagai komisaris dan direktur di         •      Serving as a commissioner and director in
| Concurrent Position             beberapa enitas anak Perusahaan.                          several subsidiary entities of Intiland.
                            •     1993 – sekarang Direktur Utama PT Bangun-          •      1993 – present President Director PT Ban-
                                  jaya Mandirisakti                                         gunjaya Mandirisakti
                            •     1991 – sekarang Direktur Utama PT Pilar Man-       •      1991 – present President Director PT Pilar
                                  diri Bakti                                                Mandiri Bakti


Hubungan Afiliasi             Tidak ada hubungan afiliasi                            No Affiliate relationship
| Affiliate Relationship




                                                                                                                                            62
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     Profil Perusahaan                                                                                     Laporan Tahunan | Annual Report 2024




                                                                        Utama Gondokusumo
                                                                        Wakil Direktur Utama
                                                                        Vice President Director

                                                                        48 tahun, Warga Negara Indonesia
                                                                        48 years old, Indonesian Citizen

                                                                        Domisili | Domicile
                                                                        Jakarta, Indonesia




     Riwayat Pendidikan          •    2000 Sarjana teknik sipil dari Purdue Univer-   •    2000 Bachelor’s degree in civil engineering
     | Educational Background         sity, Indiana, Amerika Serikat                       from Purdue University, Indiana, USA



     Pengalaman Kerja            •    2018 – sekarang Wakil Direktur Utama PT Inti-   •    2018 – present Vice President Director PT In-
     | Professional Experience        land Development Tbk                                 tiland Development Tbk
                                 •    2016 – 2018 Direktur PT Intiland Development    •    2016 – 2018 Director PT Intiland Develop-
                                      Tbk                                                  ment Tbk
                                 •    2004 Direktur Leads Global Property             •    2004 Director Leads Global Property
                                 •    2002 Bekerja untuk McCarthy Construction        •    2002 Working with McCarthy Construction
                                      dan CCCS Planning and Engineering, San Fran-         and CCCS Planning and Engineering, San
                                      sisco, Amerika Serikat                               Francisco, USA




     Dasar Hukum                 Akta No.50 tanggal 31 Mei 2024                       Deed No.50 dated May 31, 2024
     | Basis of Appointment


     Periode Jabatan             Periode ke-2                                         Second Period
     | Term of Office


     Masa Jabatan                2020 – 2025                                          2020 - 2025
     | Tenure


     Rangkap Jabatan             •    Menjabat sebagai komisaris dan direktur di      •    Serving as a commissioner and director in
     | Concurrent Position            beberapa enitas anak Perusahaan.                     several subsidiary entities of Intiland.
                                 •    2004 – sekarang Direktur PT Graha Adikarsa      •    2004 – present Director PT Graha Adikarsa



     Hubungan Afiliasi           Hubungan afiliasi dengan Bapak Hendro S. Gondo-      Affiliate relationship with Mr. Hendro S. Gondo-
     | Affiliate Relationship    kusumo (Direktur Utama Perseroan)                    kusumo (President Director of the Company)




63
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PT Intiland Development Tbk                                                                                          Company Profile




                                                                    Archied Noto Pradono
                                                                    Direktur
                                                                    Director

                                                                    52 tahun, Warga Negara Indonesia
                                                                    52 years old, Indonesian Citizen

                                                                    Domisili | Domicile
                                                                    Jakarta, Indonesia




Riwayat Pendidikan            •    1993 International Business dari Oregon State   •      1993 Degree in International Business from
| Educational Background           University, Amerika Serikat                            Oregon State University, USA



Pengalaman Kerja              •    2007 – sekarang Direktur PT Intiland Develop-   •      2007 – present Director PT Intiland Develop-
| Professional Experience          ment Tbk                                               ment Tbk
                              •    2003 – 2007 Treasury Senior Manager PT          •      2003 – 2007 Treasury Senior Manager PT
                                   Dharmala Intiland Tbk                                  Dharmala Intiland Tbk
                              •    1999 – 2003 Direktur PT Sakura Sekuritas        •      1999 – 2003 Director PT Sakura Sekuritas
                              •    1994 – 1999 Treasury Manager PT Dharmala        •      1994 – 1999 Treasury Manager PT Dharmala
                                   Intiland Tbk                                           Intiland Tbk


Dasar Hukum                   Akta No.50 tanggal 31 Mei 2024                       Deed No.50 dated May 31, 2024
| Basis of Appointment


Periode Jabatan               Periode ke-4                                         Fourth Period
| Term of Office


Masa Jabatan                  2020 – 2025                                          2020 - 2025
| Tenure



Rangkap Jabatan               •    Menjabat sebagai komisaris dan direktur di      •      Serving as a commissioner and director in
| Concurrent Position              beberapa entitas anak perusahaan.                      several subsidiary entities of Intiland.



Hubungan Afiliasi             Tidak ada hubungan afiliasi                          No Affiliate relationship
| Affiliate Relationship




                                                                                                                                         64
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     Profil Perusahaan                                                                                      Laporan Tahunan | Annual Report 2024




                                                                         Perry Yoranouw
                                                                        Direktur
                                                                        Director

                                                                        48 tahun, Warga Negara Amerika Serikat
                                                                        48 years old, US Citizen

                                                                        Domisili | Domicile
                                                                        Jakarta, Indonesia




     Riwayat Pendidikan          •    1997 Magister teknik industri dari Purdue        •    1997 Master degree in industrial engineer-
     | Educational Background         University, Amerika Serikat                           ing from Purdue University, USA


     Pengalaman Kerja            •    2020 – sekarang Direktur PT Intiland Develop-    •    2020 – present Director PT Intiland Develop-
     | Professional Experience        ment Tbk                                              ment Tbk
                                 •    2016 – 2020 Direktur Independen PT Intiland      •    2016 – 2020 Independent Director PT Inti-
                                      Development Tbk                                       land Development Tbk
                                 •    2013 – 2016 Kepala Divisi Quality and Contin-    •    2013 – 2016 Head of Quality and Continu-
                                      uous Improvement PT Intiland Development              ous Improvement Division PT Intiland Devel-
                                      Tbk                                                   opment Tbk
                                 •    2012 – 2013 Wakil Presiden Senior Panalpina      •    2012 – 2013 Senior Vice President Panalpina
                                      World Transport Pte. Ltd., Singapura                  World Transport Pte. Ltd., Singapura
                                 •    2004 – 2012 Wakil Direktur Utama Panalpina       •    2004 – 2012 Vice President Director Panalpi-
                                      Inc. USA                                              na Inc. USA
                                 •    2001 – 2004 Senior Logistics Engineer Menlo      •    2001 – 2004 Senior Logistics Engineer Menlo
                                      Logistic, USA                                         Logistic, USA
                                 •    1999 – 2001 Project Manager Coverage Inc,        •    1999 – 2001 Project Manager Coverage Inc,
                                      USA                                                   USA
                                 •    1998 – 1999 Industrial Engineer Caliber Logis-   •    1998 – 1999 Industrial Engineer Caliber Lo-
                                      tics Inc, USA                                         gistics Inc, USA
                                 •    1997 – 1998 Industrial Engineer Oreck Manu-      •    1997 – 1998 Industrial Engineer Oreck Man-
                                      facturing, USA                                        ufacturing, USA


     Dasar Hukum                 Akta No.50 tanggal 31 Mei 2024                        Deed No.50 dated May 31, 2024
     | Basis of Appointment



     Periode Jabatan             Periode ke-2                                          Second Period
     | Term of Office


     Masa Jabatan                2020 – 2025                                           2020 - 2025
     | Tenure


     Rangkap Jabatan             •    Tidak ada                                        •    None
     | Concurrent Position



     Hubungan Afiliasi           Tidak ada hubungan afiliasi                           No Affiliate relationship
     | Affiliate Relationship




65
Page 66
PT Intiland Development Tbk                                                                                          Company Profile




                                                                    Permadi Indra Yoga
                                                                    Direktur
                                                                    Director

                                                                    57 tahun, Warga Negara Indonesia
                                                                    57 years old, Indonesian Citizen

                                                                    Domisili | Domicile
                                                                    Jakarta, Indonesia




Riwayat Pendidikan            •    1991 sarjana arsitektur Universitas Parahyan-   •      1991 Bachelor of architecture, Parahyangan
| Educational Background           gan Bandung                                            University, Bandung
                              •    2011 Certified Greenship Professional, Green    •      2011 Certified Greenship Professional,
                                   Building Council Indonesia                             Green Building Council Indonesia


Pengalaman Kerja              •    2018 - sekarang Direktur PT Intiland Develop-   •      2018 – present Director PT Intiland Develop-
| Professional Experience          ment Tbk                                               ment Tbk
                              •    2011 – 2018 Pimpinan proyek perumahan Se-       •      2011 – 2018 Project leader of Serenia Hills
                                   renia Hills, Jakarta                                   residential, Jakarta
                              •    2002 – 2018 Konsultan Manajemen Proyek PT       •      2002 – 2018 Project Management Consult-
                                   Graha Adikarsa Jakarta                                 ant PT Graha Adikarsa Jakarta
                              •    1997 – 2002 Manajer Proyek PT Sinar Puspa       •      1997 – 2002 Project Manager PT Sinar Pus-
                                   Persada                                                papersada
                              •    1992 – 1997 Staf Pengembangan Bisnis dan        •      1992 – 1997 Staff of Business Development
                                   Perencanaan Korporat PT Dharmala Intiland              and Corporate Planning PT Dharmala Inti-
                                   Tbk                                                    land Tbk
                              •    1992 Development Design Group – USA             •      1992 Development Design Group – USA



Dasar Hukum                   Akta No.50 tanggal 31 Mei 2024                       Deed No.50 dated May 31, 2024
| Basis of Appointment


Periode Jabatan               Periode ke-2                                         Second Period
| Term of Office


Masa Jabatan                  2020 – 2025                                          2020 - 2025
| Tenure

Rangkap Jabatan               •    Menjabat sebagai komisaris dan direktur di      •      Serving as a commissioner and director in
| Concurrent Position              beberapa entitas anak perusahaan.                      several subsidiary entities of Intiland.
                              •    2022 – sekarang Wakil Komisaris Utama PT        •      2022 – present Vice President Commissioner
                                   Inti Mitbana Development                               of PT Inti Mitbana Development
                              •    2010 – sekarang anggota Ikatan Arsitek Indo-    •      2010 – present Member of the Indonesian
                                   nesia                                                  Architects Association
                              •    2004 – sekarang Dewan Penasehat Ars86Care       •      2004 – present Ars86Care Foundation Advi-
                                   Foundation                                             sory Board


Hubungan Afiliasi             Tidak ada hubungan afiliasi                          No Affiliate relationship
| Affiliate Relationship




                                                                                                                                         66
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     Profil Perusahaan                                                                                     Laporan Tahunan | Annual Report 2024




                                                                        Novita Anggriani
                                                                        Direktur
                                                                        Director

                                                                        50 tahun, Warga Negara Indonesia
                                                                        50 years old, Indonesian Citizen

                                                                        Domisili | Domicile
                                                                        Tangerang, Indonesia




     Riwayat Pendidikan          •    2005 Magister Bisnis bidang Perbankan dan       •    2005 Master of Business in Banking and Fi-
     | Educational Background         Keuangan, Monash University, Australia               nance, Monash University, Australia
                                 •    1996 Sarjana Real Estate, Universitas Taru-     •    1996 Bachelor of Real Estate, Tarumanegara
                                      manegara, Jakarta                                    University, Jakarta


     Pengalaman Kerja            •    2024 – sekarang Direktur PT Intiland Develop-   •    2024 – present Director of PT Intiland Devel-
     | Professional Experience        ment Tbk                                             opment Tbk
                                 •    2015 – 2024 General Manager PT Intiland De-     •    2015 – 2024 General Manager PT Intiland
                                      velopment Tbk                                        Development Tbk
                                 •    2011 - 2015 Manajer Senior Jones Lang LaSalle   •    2011 – 2015 Senior Manager of Jones Lang
                                      Indonesia                                            LaSalle Indonesia
                                 •    2000 - 2003 Wakil Manajer Senior Badan Pe-      •    2000 – 2003 Deputy Senior Manager of Na-
                                      nyehatan Perbankan Nasional                          tional Banking Restructuring Agency
                                 •    1996 - 2000 PT Colliers Jardine Indonesia       •    1996 – 2000 PT Colliers Jardine Indonesia



     Dasar Hukum                 Akta No.50 tanggal 31 Mei 2024                       Deed No.50 dated May 31, 2024
     | Basis of Appointment



     Periode Jabatan             Periode ke-1                                         First Period
     | Term of Office



     Masa Jabatan                2024 – 2025                                          2024 – 2025
     | Tenure



     Rangkap Jabatan             •    2020 – sekarang direktur PT Putra Sinar Per-    •    2020 – present director of PT Putra Sinar
     | Concurrent Position            maja                                                 Permaja
                                 •    2020 – sekarang direktur PT Raharja Mitra Fa-   •    2020 – present director of PT Raharja Mitra
                                      milia                                                Familia


     Hubungan Afiliasi           Tidak ada hubungan afiliasi                          No Affiliate relationship
     | Affiliate Relationship




67
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PT Intiland Development Tbk                                                                                           Company Profile



Dewan Komisaris / Board of Commissioners




                                                                      Sinarto Dharmawan
                                                                      Komisaris Utama
                                                                      President Commissioner

                                                                      70 tahun, Warga Negara Indonesia
                                                                      70 years old, Indonesian Citizen

                                                                      Domisili | Domicile
                                                                      Surabaya, Jawa Timur / Surabaya, East Java




Riwayat Pendidikan            •    1988 Master of Business Administration dari       •    1988 Master of Business Administration
| Educational Background           IPMI Jakarta                                           from IPMI, Jakarta
                              •    1980 Sarjana Teknik Sipil dari Universitas Par-   •    1980 a Bachelor’s degree in civil engineering
                                   ahyangan, Bandung                                      from Parahyangan University, Bandung


Pengalaman Kerja              •    2020 – sekarang, Komisaris Utama PT Intiland      •    2020 – present President Commissioners PT
| Professional Experience          Development Tbk                                        Intiland Development Tbk
                              •    2007 – 2020, Wakil Direktur Utama PT Intiland     •    2007 – 2020 Vice President Director PT Inti-
                                   Development Tbk                                        land Development Tbk
                              •    2004 – 2020, Direktur Utama PT Intiland           •    2004 – 2020 President Director PT Intiland
                                   Grande                                                 Grande
                              •    2003 – 2007, Wakil Direktur Utama PT Dhar-        •    2003 – 2007 Vice President Director PT Dhar-
                                   mala Intiland Tbk                                      mala Intiland Tbk
                              •    1998 – 2004, Direktur PT Intiland Grande          •    1998 – 2004 Director PT Intiland Grande
                              •    1993 – 1998, General Manager PT Dharmala          •    1993 – 1998 General Manager PT Dharmala
                                   Land                                                   Land
                              •    1989 – 1992 Planning Manager PT Dharmala          •    1989 – 1992 Planning Manager PT Dhar-
                                   Land                                                   mala Land
                              •    1987 – 1988 Sales dan Marketing Manager PT        •    1987 – 1988 Sales and Marketing Manager
                                   Dharmala Land                                          PT Dharmala Land
                              •    1984 – 1986 Sales Supervisor PT Dharmala          •    1984 – 1986 Sales Supervisor PT Dharmala
                                   Land                                                   Land
                              •    1982 – 1983 Site Engineer PT Dharmala Land        •    1982 – 1983 Site Engineer PT Dharmala Land
                              •    1981 – 1982 Manager Perencanaan PT Way            •    1981 – 1982 Planning Manager PT Way
                                   Halim Permai                                           Halim Permai



Dasar Hukum                   Akta No.50 tanggal 31 Mei 2024                         Deed No.50 dated May 31, 2024
| Basis of Appointment



Periode Jabatan               Periode ke-1                                           First Period
| Term of Office



Masa Jabatan                  2020 – 2025                                            2020 - 2025
| Tenure




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     Profil Perusahaan                                                                                   Laporan Tahunan | Annual Report 2024




     Rangkap Jabatan             •   Menjabat sebagai komisaris di beberapa enti-   •    Serving as a commissioner and director in
     | Concurrent Position           tas anak perusahaan.                                several subsidiary entities of Intiland.
                                 •   2020 – sekarang Anggota Komite Nominasi        •    2020 – present Member of Nomination and
                                     dan Remunerasi Perseroan                            Remuneration Committee of the Company


     Hubungan Afiliasi           Tidak ada hubungan afiliasi                        No Affiliate relationship
     | Affiliate Relationship




                                                                      Dr. Sofyan A. Djalil
                                                                      Wakil Komisaris Utama dan Komisaris Independen
                                                                      Vice President Commissioner and Independent Commis-
                                                                      sioner
                                                                      71 tahun, Warga Negara Indonesia
                                                                      71 years old, Indonesian Citizen

                                                                      Domisili | Domicile
                                                                      Jakarta, Indonesia




     Riwayat Pendidikan          •   1993 Ph.d Hukum dan Kebijakan Pasar Modal,     •    1993 PhD in Capital Market Law and Policy,
     | Educational Background        Fletcher School of Law and Diplomacy, Tufts         Fletcher School of Law and Diplomacy, Tufts
                                     University, USA                                     University, USA
                                 •   1992 Master of Arts dalam Hukum dan Diplo-     •    1992 Master of Arts in Law and Diplomacy,
                                     masi, Tufts University, USA                         Tufts University, USA
                                 •   1989 Master of Arts dalam Kebijakan Publik,    •    1989 Master of Arts in Public Policy, Tufts
                                     Tufts University, USA                               University, USA
                                 •   1984 Sarjana Hukum Universitas Indonesia       •    1984 Bachelor of Law, University of Indone-
                                                                                         sia



     Pengalaman Kerja            •   2023 – sekarang Wakil Komisaris Utama dan      •    2023 – present Vice President Commissioner
     | Professional Experience       Komisaris Independen PT Intiland Develop-           and Independent Commissioner PT Intiland
                                     ment Tbk, Komisaris Utama dan komisaris di          Development Tbk, President Commissioner
                                     sejumlah perusahaan publik lainnya                  and Commissioner at several public compa-
                                                                                         nies
                                 •   2016 – 2022 Menteri Agraria dan Tata Ruang/    •    2016 – 2022 Minister of Agrarian Affairs and
                                     Kepala Badan Pertanahan Nasional Republik           Spatial Planning/Head of the National Land
                                     Indonesia                                           Agency of The Republic of Indonesia
                                 •   2015 – 2016 Menteri Perencanaan Pemban-        •    2015-2016 Minister of National Develop-
                                     gunan Nasional/Kepala Badan Perencanaan             ment Planning/Head of National Develop-
                                     Pembangunan Nasional Republik Indonesia             ment Planning Agency of The Republic of
                                                                                         Indonesia
                                 •   2014 – 2015 Menteri Koordinator Bidang         •    2014-2015 Coordinating Minister for the
                                     Perekonomian Republik Indonesia                     Economic Affairs of the Republic of Indone-
                                                                                         sia
                                 •   2010 – 2014 Ketua Tim Kajian Strategis Wakil   •    2010-2014 Chairman of the Strategic Study
                                     Presiden Republik Indonesia                         Team Vice President of the Republic of Indo-
                                                                                         nesia
                                 •   2007 – 2009 Menteri Badan Usaha Milik Ne-      •    2007-2009 Minister of State-Owned Enter-
                                     gara Republik Indonesia                             prises of the Republic of Indonesia




69
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PT Intiland Development Tbk                                                                                        Company Profile




                              •    2004 – 2007 Menteri Komunikasi dan Infor-       •     2004-2007 Minister of Communication and
                                   matika Republik Indonesia                             Informatics of the Republic of Indonesia
                              •    2000 – 2004 Konsultan Tata Kelola Perusa-       •     2000-2004 Good Corporate Governance
                                   haan yang Baik dan penasehat di sejumlah              (GCG) Consultant and Advisor at several na-
                                   perusahaan nasional dan multinasional.                tional and multinational companies. Presi-
                                   Komisaris Utama atau komisaris di berbagai            dent Commissioner and Commissioner at
                                   Perusahaan terbuka                                    several public companies
                              •    1998 – 2000 Asisten Menteri Badan Usaha Mi-     •     1998-2000 Assistant to the Minister for
                                   lik Negara Republik Indonesia                         State-Owned Enterprises of the Republic of
                                                                                         Indonesia
                              •    1998 Wakil Kepala Riset dan Pengembangan        •     1998 Vice President of Research and Devel-
                                   Bursa Efek Jakarta                                    opment for the Jakarta Stock Exchange
                              •    1994 – 1998 Dosen di Universitas Indonesia      •     1994-1998 Lecturer at University of Indone-
                                   dan universitas lain                                  sia and other universities
                              •    1984 – 1995 Peneliti di Pusat Studi Kebijakan   •     1984-1995 Researcher/fellow at the Center
                                   dan Implementasi                                      for Policy and Implementation Studies



Dasar Hukum                Diangkat pertama kali sebagai Wakil Komisaris           First appointed as Vice President Commissioner
| Basis of Appointment     Utama dan Komisaris Independen melalui Akta             and Independent Commissioner through Deed
                           No.49 tanggal 24 Mei 2023, kemudian ditunjuk            No.49 dated May 24, 2023, then reappointed
                           kembali melalui Akta Akta No.50 tanggal 31 Mei          through Deed No.50 dated May 31, 2024.



Periode Jabatan            Periode ke-1                                            First Period
| Term of Office



Masa Jabatan               2023 – 2025                                             2023 - 2025
| Tenure


Rangkap Jabatan            •      Komisaris Utama PT Indika Nature                 •    President Commissioner at PT Indika Nature
| Concurrent Position      •      Komisaris Utama PT Pembangunan Jaya Ancol        •    President Commissioner at PT Pembangu-
                                  Tbk                                                   nan Jaya Ancol Tbk
                           •      Komisaris Utama PT Pintar Group/Pasifik          •    President Commissioner at PT Pintar Group/
                                  Satelit Nusantara                                     Pasifik Satelit Nusantara
                           •      Komisaris Utama PT Citra Borneo Utama Tbk        •    President Commissioner at PT Citra Borneo
                                                                                        Utama Tbk
                           •      Komisaris PT Aneka Kimia Raya Tbk                •    Commissioner at PT Aneka Kimia Raya Tbk



Pernyataan Indepen-        Belum menjabat lebih dari 2 (dua) periode sebagai       Has not served more than 2 (two) terms as Inde-
densi | Statement of       Komisaris Independen                                    pendent Commissioner
Independence



Hubungan Afiliasi             Tidak ada hubungan afiliasi                          No Affiliate relationship
| Affiliate Relationship




                                                                                                                                       70
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     Profil Perusahaan                                                                                       Laporan Tahunan | Annual Report 2024




                                                                         Thio Gwan Po Micky
                                                                         Komisaris Independen
                                                                         Independent Commissioner

                                                                         67 tahun, Warga Negara Indonesia
                                                                         67 years old, Indonesian Citizen

                                                                         Domisili | Domicile
                                                                         Jakarta, Indonesia




     Riwayat Pendidikan          •    1979 Mendapatkan gelar Master of Business         •    1979 Master of Business Administration Cal-
     | Educational Background         Administration dari California State University        ifornia State University Fullerton USA
                                      Fullerton, Amerika Serikat                        •    1976 Bachelor’s degree in business admin-
                                 •    1976 Sarjana administrasi bisnis dari State            istration State University Fullerton of Arts
                                      University Fullerton of Arts, Amerika Serikat          USA


     Pengalaman Kerja            •    2010 – sekarang Komisaris Independen PT In-       •    2010 – present Independent Commissioner
     | Professional Experience        tiland Development Tbk                                 of PT Intiland Development Tbk
                                 •    1986 – 1989 Komisaris PT Nila Kandi               •    1986 – 1989 Commissioner of PT Nila Kandi
                                 •    1983 – 1986 Direktur PT Asuransi Kerugian         •    1983 – 1986 Director PT Asuransi Kerugian
                                      Bina Dharma Arta                                       Bina Dharma Arta


     Dasar Hukum                 Diangkat pertama kali sebagai Komisaris dan            First appointed as Commissioner and Independ-
     | Basis of Appointment      Komisaris Independen melalui Akta No.3 tanggal         ent Commissioner through Deed No.3 dated April
                                 9 April 2010, kemudian ditunjuk kembali melalui        9, 2010, then reappointed through Deed No.50
                                 Akta Akta No.50 tanggal 31 Mei 2024.                   dated May 31, 2024.



     Periode Jabatan             Periode ke-3                                           Third Period
     | Term of Office


     Masa Jabatan                2020– 2025                                             2020 – 2025
     | Tenure


     Rangkap Jabatan             •    Ketua Komite Nominasi dan Remunerasi Pers-        •    Head of Nomination and Remuneration
     | Concurrent Position            eroan (2020 – 2025)                                    Committee of the Company (2020 – 2025)
                                 •    2010 – sekarang Komisaris Utama PT Bayu           •    2010 – present President Commissioner PT
                                      Buana Tbk                                              Bayu Buana Tbk
                                 •    1996 – sekarang Direktur Utama PT Nexus           •    1996 – present President Director PT Nexus
                                      Utama                                                  Utama
                                 •    1996 – sekarang Komisaris PT Satria Saka          •    1996 – present Commissioner of PT Satria
                                      Perkasa dan PT Satria Saka Pratama                     Saka Perkasa dan PT Satria Saka Pratama


     Pernyataan Indepen-         Telah diperbaharui pada tahun 2020                     Renewed in 2020
     densi | Statement of
     Independence

     Hubungan Afiliasi           Tidak ada hubungan afiliasi                            No Affiliate relationship
     | Affiliate Relationship




71
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PT Intiland Development Tbk                                                                                        Company Profile




                                                                    Ping Handayani Hanli
                                                                    Komisaris
                                                                    Commissioner

                                                                    65 tahun, Warga Negara Indonesia
                                                                    65 years old, Indonesian Citizen

                                                                    Domisili | Domicile
                                                                    Jakarta, Indonesia




Riwayat Pendidikan          •     1982 Sarjana Akuntansi Universitas Trisakti     •     1982 Trisakti University with Bachelor’s de-
| Educational Background                                                                gree in accounting.


Pengalaman Kerja            •     2024 – sekarang Komisaris PT Intiland Devel-    •     2024 – present Commissioner of PT Intiland
| Professional Experience         opment Tbk                                            Development Tbk
                            •     2020 – 2024 Direktur PT Intiland Development    •     2020 – present Director PT Intiland Develop-
                                  Tbk                                                   ment Tbk
                            •     2007 – 2020 Komisaris PT Intiland Develop-      •     2007 – 2020 Commissioner PT Intiland De-
                                  ment Tbk                                              velopment Tbk
                            •     1985 – 2007 Corporate Financial Controller PT   •     1985 – 2007 Corporate Financial Controller
                                  Dharmala Intiland Tbk                                 PT Dharmala Intiland Tbk
                            •     1983 – 1984 Chief Accountant PT Wicaksana       •     1983 – 1984 Chief Accountant PT Wicaksana
                                  Overseas Import                                       Overseas Import
                            •     1982 – 1983 Junior Auditor Kantor Akuntan       •     1982 – 1983 Junior Auditor Hanadi Sudjen-
                                  Hanadi Sudjendro                                      dro Public Accountant Firm


Dasar Hukum                 Akta No.50 tanggal 31 Mei 2024                        Deed No.50 dated May 31, 2024
| Basis of Appointment


Periode Jabatan             Periode ke-1                                          First Period
| Term of Office


Masa Jabatan                2024– 2025                                            2024 – 2025
| Tenure


Rangkap Jabatan             •     Menjabat sebagai komisaris dan direktur di      •     Serving as a commissioner and director in
| Concurrent Position             beberapa anak perusahaan.                             several subsidiary entities of Intiland.


Hubungan Afiliasi             Tidak ada hubungan afiliasi                          No Affiliate relationship
| Affiliate Relationship




                                                                                                                                       72
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     Profil Perusahaan                                                                                    Laporan Tahunan | Annual Report 2024




                                                                       Jahja Asikin
                                                                       Komisaris
                                                                       Commissioner

                                                                       72 tahun, Warga Negara Indonesia
                                                                       72 years old, Indonesian Citizen

                                                                       Domisili | Domicile
                                                                       Jakarta, Indonesia




     Riwayat Pendidikan          •    1994 MBA dari IBMJ Jakarta                     •    1994 MBA degree from IBMJ Jakarta
     | Educational Background    •    1977 Sarjana ekonomi dari Fakultas Ekonomi     •    1977 Bachelor’s degree in economics from
                                      Universitas Indonesia                               University of Indonesia


     Pengalaman Kerja            •    2007 – sekarang Komisaris PT Intiland Devel-   •    2007 – present Commissioner PT Intiland
     | Professional Experience        opment Tbk                                          Development Tbk
                                 •    1989 – 2007 Direktur Keuangan PT Dharmala      •    1989 – 2007 Finance Director PT Dharmala
                                      Intiland Tbk                                        Intiland Tbk
                                 •    1983 – 1989 Manager Keuangan Dharmala          •    1983 – 1989 Finance Manager Dharmala
                                      Group                                               Group
                                 •    1977 – 1983 Auditor Manager Hanadi Sudjen-     •    1977 – 1983 Auditor Manager Hanadi Sud-
                                      dro & Co                                            jendro & Co
                                 •    1976 – 1977 Internal Auditor PT Bank Central   •    1976 – 1977 Internal Auditor PT Bank Cen-
                                      Asia                                                tral Asia


     Dasar Hukum                 Akta No.50 tanggal 31 Mei 2024                      Deed No.50 dated May 31, 2024
     | Basis of Appointment



     Periode Jabatan             Periode ke-4                                        Fourth Period
     | Term of Office


     Masa Jabatan                2020– 2025                                          2020 – 2025
     | Tenure


     Rangkap Jabatan             •    Menjabat sebagai komisaris di beberapa anak    •    Serving as a commissioner in several sub-
     | Concurrent Position            Perusahaan                                          sidiary entities of Intiland.
                                 •    2020 – sekarang Anggota Komite Nominasi        •    2020 – present Member of Nomination and
                                      dan Remunerasi Perseroan                            Remuneration Committee of the Company



     Hubungan Afiliasi           Tidak ada hubungan afiliasi                         No Affiliate relationship
     | Affiliate Relationship




73
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PT Intiland Development Tbk                                                                                     Company Profile




                                                                  Friso Palilingan
                                                                  Komisaris Independen
                                                                  Independent Commissioner

                                                                  41 tahun, Warga Negara Indonesia
                                                                  41 years old, Indonesian Citizen

                                                                  Domisili | Domicile
                                                                  Jakarta, Indonesia




Riwayat Pendidikan          •   2016 Certified Audit Committee Practitioner,    •   2016 Certified Audit Committee Practition-
| Educational Background        Ikatan Komite Audit Indonesia                       er, Indonesian Institute of Audit Committee
                            •   2013 Chartered Accountant (“CA”), IAI           •   2013 Chartered Accountant (“CA”), IAI
                            •   2008 Certified Public Accountant (“CPA”), IAI   •   2008 Certified Public Accountant (“CPA”), IAI
                            •   2008 Magister Akuntansi, Kwik Kian Gie          •   2008 Master’s degree in Accounting, Kwik
                                School of Business                                  Kian Gie School of Business
                            •   2005 Sarjana Ekonomi Akuntansi, Kwik Kian       •   2005 Bachelor of Economics Degree in Ac-
                                Gie School of Business                              counting, Kwik Kian Gie School of Business



Pengalaman Kerja            •   2023 – 2024 Komite Audit PT BNI Sekuritas       •   2023 – 2024 Audit Committee of PT BNI
| Professional Experience                                                           Sekuritas
                            •   2022 – 2024 Komite Audit PT Provident Inves-    •   2022 – 2024, Audit Committee of PT Provi-
                                tasi Bersama Tbk                                    dent Investasi Bersama Tbk
                            •   2021 - 2024 Komite Audit PT Cisarua Moun-       •   2021 – 2024, Audit Committee of PT Cisarua
                                tain Dairy Tbk                                      Mountain Dairy Tbk
                            •   2020 – sekarang Komisaris Indepeden PT Inti-    •   2020 – present Independent Commissioner
                                land Development Tbk                                of PT Intiland Development Tbk
                            •   2017 – 2020 Komite Audit PT Medikaloka Her-     •   2017 – 2020, Audit Committee PT Medika-
                                mina Tbk                                            loka Hermina Tbk
                            •   2013 – sekarang Komite Audit PT Intiland De-    •   2013 – present, Audit Committee PT Intiland
                                velopment Tbk                                       Development Tbk
                            •   2016 – 2020 Komite Audit PT Duta Intidaya       •   2016 – 2020, Audit Committee PT Duta Inti-
                                Tbk                                                 daya Tbk
                            •   2015 – 2020 Vice Chairman PT NBP Kapital        •   2015 – 2020, Vice Chairman PT NBP Kapital
                                Partners                                            Partners
                            •   2014 – 2020 Anggota Dewan Standar Akun-         •   2014 – 2020, Member of the Financial Ac-
                                tansi Keuangan Ikatan Akuntan Indonesia             counting Standards Board of the Indonesian
                                                                                    Institute of Accountants (“IAI”)
                            •   2004 – 2013 Partner KAP Tanubrata Sutanto       •   2004 – 2013 Partner KAP Tanubrata Sutanto
                                Fahmi & Rekan (anggota BDO International            Fahmi & Rekan (member of BDO Interna-
                                Limited)                                            tional Limited)


Dasar Hukum                 Diangkat pertama kali sebagai Komisaris In-         First appointed as Independent Commissioner
| Basis of Appointment      dependen melalui Akta No.119 tanggal 29 Juli        through Deed No.119 dated July 29, 2020, then
                            2020 kemudian ditunjuk kembali melalui Akta         reappointed through Deed No.50 dated May 31,
                            Akta No.50 tanggal 31 Mei 2024.                     2024.




                                                                                                                                    74
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     Profil Perusahaan                                                                                    Laporan Tahunan | Annual Report 2024



     Periode Jabatan            Periode ke-1                                        First Period
     | Term of Office


     Masa Jabatan               2020– 2025                                          2020 – 2025
     | Tenure

     Rangkap Jabatan            •   2021 - 2025 Ketua Komite Audit Perseroan        •    2021 - 2025 Chief of Audit Committee of the
     | Concurrent Position          (2021 - 2025)                                        Company
                                •   2024 – sekarang Komisaris PT Bersama untuk      •    2024 – present Commissioner of PT Bersama
                                    Nusantara                                            untuk Nusantara
                                •   2024 – sekarang Anggota Komite Audit PT         •    2024 – present Member of Audit Committee
                                    Profesional Telekomunikasi Indonesia                 of PT Profesional Telekomunikasi Indonesia
                                •   2023 – sekarang Komisaris PT Mitra Ananda       •    2023 – present Commissioner of PT Mitra
                                    Megadistrindo                                        Ananda Magadistrindo
                                •   2020 - sekarang Komisaris PT Kiat Ananda        •    2020 – present, Commissioner of PT Kiat
                                    Cold Storage                                         Ananda Cold Storage
                                •   2020 - sekarang Komisaris PT Manggala Kiat      •    2020 – present, Commissioner PT Manggala
                                    Ananda                                               Kiat Ananda
                                •   2020 - sekarang Komisaris PT Ananda Solusin-    •    2020 – present, Commissioner PT Ananda
                                    do                                                   Solusindo
                                •   2019 – sekarang Komite Audit PT Asahimas        •    2019 – present, Audit Committee of PT Asa-
                                    Flat Glass Tbk                                       himas Flat Glass Tbk
                                •   2015 – sekarang Komite Audit PT BFI Finance     •    2015 – present, Audit Committee PT BFI Fi-
                                    Indonesia Tbk                                        nance Indonesia Tbk
                                •   2013 – sekarang Senior Partner KAP Paul Hadi-   •    2013 – present Senior Partner KAP Paul
                                    winata, Hidajat, Arsono, Retno, Palilingan &         Hadiwinata, Hidajat, Arsono, Retno, Palilin-
                                    Rekan (anggota PKF International Limited)            gan & Rekan (Member of PKF International
                                                                                         Limited)


     Pernyataan Indepen-        Telah diperbaharui pada tahun 2020                  Renewed in 2020
     densi | Statement of
     Independence


     Hubungan Afiliasi          Tidak ada hubungan afiliasi                         No Affiliate relationship
     | Affiliate Relationship




75                                                                                                              South Quarter
Page 76
PT Intiland Development Tbk                                                                                                                                                                                                                                                                                                                    Company Profile



Hubungan Afiliasi antara Dewan Komisaris, Direksi
dan Pemegang Saham Utama/Pegendali
Affiliate Relations between Board of Commissioners, Directors, and Majority/Controlling Shareholders.

                                                                                    Dewan Komisaris/ Board of Commisioners                                                                                                                                  Direksi / Directors




                                                                                                                                                                                                                                                              Moedjianto Soesilo Tjahjono
                                                                                                                                                                                            Hendro S. Gondokusumo*




                                                                                                                                                                                                                                        Utama Gondokusumo




                                                                                                                                                                                                                                                                                                                        Archied Noto Pradono
                                                                                                                                                                                                                                                                                            Ping Handayani Hanli
                                                                                                                                                                      Ping Hndayani Hanli
                                                                Sinarto Dharmawan




                                                                                                              Thio Gwan Po Micky




                                                                                                                                                                                                                                                                                                                                                                    Permadi Indra Yoga
                                                                                                                                                                                                                     Suhendro Prabowo
                                                                                       Dr. Sofyan A. Djalil




                                                                                                                                                                                                                                                                                                                                                   Perry Yoranouw
                                                                                                                                   Friso Palilingan



                                                                                                                                                      Jahja Asikin
                             Sinarto Dharmawan
/ Board of Commisioners




                             Dr. Sofyan A. Djalil
    Dewan Komisaris




                             Thio Gwan Po Micky

                             Friso Palilingan

                             Jahja Asikin

                             Ping Hndayani Hanli

                             Hendro S. Gondokusumo*

                             Suhendro Prabowo
Direksi / Directors




                             Utama Gondokusumo

                             Moedjianto Soesilo Tjahjono

                             Ping Handayani Hanli

                             Archied Noto Pradono

                             Perry Yoranouw

                             Permadi Indra Yoga


                          Hubungan Afiliasi dengan
                          Pemegang Saham Utama/
                          Pengendali / Affiliate Relationship
                          with the Major/ Controlling
                          Shareholders

                          *Meninggal dunia pada 13 Maret 2025 / Deceased on March 13, 2025




PERNYATAAN INDEPENDENSI KOMISARIS INDE-                                                                                                                              INDEPENDENCE STATEMENT                                                                                                                        OF              INDEPENDENT
PENDEN                                                                                                                                                               COMMISSIONER
Perseroan memiliki sebanyak 3 (tiga) Komisaris Independen dan                                                                                                        The Company has three (3) Independent Commissioners, comply-
telah memenuhi syarat ketentuan yang tertuang di dalam pera-                                                                                                         ing with the regulatory requirement of 30%. Of these three Inde-
turan, yakni sebanyak 30%. Dari ketiga Komisaris Independen                                                                                                          pendent Commissioners, 2 (two) serve in the first period, and 1
tersebut, terdapat 2 (dua) Komisaris Independen yang menjabat                                                                                                        (one) serves in the third period. Each Independent Commissioner
pada periode ke-1 dan 1 (satu) Komisaris Independen yang men-                                                                                                        has declared their independent statement in performing their
jabat di periode ke-3 (ketiga). Setiap anggota Komisaris Inde-                                                                                                       duties and in all decisions made during their tenure.
penden telah menyatakan status independensinya dalam men-
jalankan tugas dan atas seluruh keputusan yang dibuat selama
periode menjabat.


Bapak Dr. Sofyan A. Djalil, Bapak Thio Gwan Po Micky, serta Ba-                                                                                                      Mr. Dr. Sofyan A. Djalil, Mr. Thio Gwan Po Micky, and Mr. Friso
pak Friso Palilingan telah ditunjuk kembali sebagai Komisaris In-                                                                                                    Palilingan have been reappointed as Independent Commissio-
dependen Perseroan berdasarkan Akta No.50 tertanggal 31 Mei                                                                                                          ners of the Company based on Deed No. 50 dated May 31, 2024,
2024 dan secara resmi telah menyatakan independensinya. Pern-                                                                                                        and have officially declared their independence. This declaration
yataan independensi ini disahkan melalui penandatanganan Su-                                                                                                         of independence was formalized through the signing of the In-
rat Pernyataan Independen yang merupakan bentuk kepatuhan                                                                                                            dependence Statement, which reflects the Company’s compli-
Perseroan dalam mematuhi Peraturan Otoritas Jasa Keuangan                                                                                                            ance with the Financial Services Authority Regulation No. 33/
No. 33/POJK.04/2014 mengenai Direksi dan Dewan Komisaris                                                                                                             POJK.04/2014 on the Board of Directors and Board of Commis-
Emiten atau Perusahaan Publik.                                                                                                                                       sioners of Issuers or Public Companies.




                                                                                                                                                                                                                                                                                                                                                                                         76
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     Profil Perusahaan                                                                                         Laporan Tahunan | Annual Report 2024


     PERUBAHAN KOMPOSISI DEWAN KOMISARIS DAN/                            CHANGES OF BOARD OF COMMISSIONERS AND/OR
     ATAU DIREKSI                                                        BOARD OF DIRECTORS COMPOSITIONS
     Berdasarkan keputusan RUPS Tahunan yang diselenggarakan             Based on the decision of the Annual GMS held on May 30, 2024,
     tanggal 30 Mei 2024, terdapat perubahan susunan Direksi dan         there was a change in the composition of the Directors and Board
     Dewan Komisaris Perseroan. RUPS Tahunan memberikan per-             of Commissioners of the Company. The Annual GMS approved
     setujuan atas pengunduran diri Bapak Moedjianto Soesilo Tjah-       the resignation of Mr. Moedjianto Soesilo Tjahjono from his po-
     jono dari jabatannya selaku Wakil Direktur Utama Perseroan dan      sition as Vice President Director and Mrs. Ping Handayani Hanli
     Ibu Ping Handayani Hanli dari jabatannya selaku Direktur Perse-     from her position as Director of the Company. The AGMS also ap-
     roan. RUPS Tahunan juga sekaligus menyetujui pengangkatan           proved the appointment of Mrs. Novita Anggriani as Director of
     Ibu Novita Anggriani sebagai Direktur Perseroan dan Ibu Ping        the Company and Mrs. Ping Handayani Hanli as Commissioner of
     Handayani Hanli sebagai Komisaris Perseroan. Keputusan peru-        the Company. This decision on the Board of Directors and Board
     bahan susunan Direksi dan Dewan Komisaris Ini telah dituang-        of Commissioners’ composition change has been formalized in
     kan ke dalam Akta No.50 tertanggal 31 Mei 2024.                     Deed No. 50 dated May 31, 2024.


     Hingga 31 Desember 2024, komposisi Direksi Perseroan berang-        As of December 31, 2024, the composition of the Company’s
     gotakan 7 (tujuh) Direktur dan Dewan Komisaris beranggotakan        Board of Directors consists of seven (7) Directors and the Board
     sebanyak 6 (enam) Komisaris.                                        of Commissioners consists of six (6) Commissioners.



     SUMBER DAYA MANUSIA                                                 HUMAN RESOURCES
     Sumber Daya Manusia (SDM) merupakan salah satu organ ter-           Human Resources (HR) is one of the most important organs of the
     penting Perseroan dalam meraih keberhasilan dan memasti-            Company in achieving success and ensuring long-term sustaina-
     kan keberlanjutan secara jangka panjang. Peningkatan mutu           bility. The improvement in the quality of the Company’s products
     produk dan layanan Perseroan berawal dari kompetensi SDM            and services begins with the competencies of HR, which are well-
     yang dikelola dengan baik. SDM memiliki peran sentral sebagai       managed. HR plays a central role as one of the Company’s most
     salah satu aset terpenting perusahaan yang senantiasa wajib         valuable assets and must always be developed. Improvement in
     untuk ditingkatkan. Peningkatan mutu dan kompetensi dilaku-         quality and competencies is carried out through a series of effec-
     kan melalui serangkaian program pengembangan manajemen              tive HR management development programs, starting from the
     SDM yang baik, mulai dari proses perekrutan, program orien-         recruitment process, orientation programs, performance evalua-
     tasi, penilaian kinerja, pemberian remunerasi, serta pelaksanaan    tions, remuneration, as well as training and career development.
     pelatihan dan pengembangan karir. Internalisasi visi, misi, dan     The internalization of the Company’s vision, mission, and values
     nilai-nilai perusahaan secara terus menerus dijalankan kepada       is continuously carried out for all employees.
     seluruh karyawan.


     Jumlah karyawan Perseroan per 31 Desember 2024 sebanyak             The number of employees of the Company as of December 31,
     1.224 orang, atau menurun dibandingkan tahun 2023 sebanyak          2024, was 1,224, which is decrease compared to 1,288 emplo-
     1.288 orang.                                                        yees in 2023.

     Jumlah Karyawan Berdasarkan Kategori | Number of Employees Based on Categories


                                                                                                       2024           2023           2022


     Tingkat Jabatan | Job Level
     Direktur Proyek / Unit Bisnis / Project/ Business Unit Directors                                      9             8               7
     Manajer Umum & Wakil Manajer Umum /General Manager & Deputy General Manager                          26            31              33
     Manajer & Asistan Manajer / Manager & Assistant Manager                                            138            144             146
     Pengawas | Supervisor                                                                              229            235             237
     Staf | Staff                                                                                       371            371             390
     Non-Staf | Non-Staff                                                                               451            499             523
     Jumlah | Total                                                                                    1.224         1.288           1.336


     Tingkat Pendidikan | Education
     Doktoral (S3) dan Pascasarjana (S2) /Doctorate (S3) and Master Degree                                28            28              25
     Sarjana (S1) | Bachelor Degree                                                                     604            632             638
     Diploma 3 (D3) | Associate Degree                                                                    49            46              44
     SMA ke bawah | Highschool and below                                                                543            582             629




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PT Intiland Development Tbk                                                                                        Company Profile


Status Kepegawaian | Employment Status
Tetap | Permanent                                                                                 932           987           1.011
Kontrak | Contract                                                                                292           310             325


Lokasi Kerja | Work Location
Jakarta dan sekitarnya | Jakarta & surrounding areas.                                             516           542             557
Surabaya dan sekitarnya | Surabaya & surrounding areas.                                           708           746             779


Usia | Ages
<30                                                                                               146           166             184
30 – 50                                                                                           822           865             923
>50                                                                                               256           257             229


Jenis Kelamin | Gender
Pria | Male                                                                                       516           948           1.007
Wanita | Female                                                                                   708           340             329
Jumlah | Total                                                                                  1.224         1.288           1.336



SEKILAS PENGEMBANGAN KOMPETENSI                                   COMPETENCY DEVELOPMENT AT GLANCE
Intiland meyakini bahwa Sumber Daya Manusia (SDM) meru-           Intiland believes that human resources is the most important as-
pakan aset terpenting bagi Perseroan. Sebagai upaya untuk         set for the Company. As part of its efforts to realize the vision,
mewujudkan visi, misi, dan tujuan pertumbuhan usaha secara        mission, and long-term business growth objectives, the quali-
jangka panjang, mutu dan kompetensi SDM memiliki peran san-       ty and competence of human resources play a crucial role. The
gat menentukan. Perusahaan berkomitmen untuk fokus dalam          Company is committed to focusing on developing outstanding
mengembangkan SDM yang unggul melalui serangkaian pro-            human resources through a series of sustainable development
gram pengembangan secara berkelanjutan.                           programs.


Kami menyadari bahwa investasi dalam pengembangan mutu            We recognize that investing in human resources development
SDM memiliki nilai strategis dan mampu memberikan keuntun-        has strategic value and can provide long-term benefits. Human
gan secara jangka panjang. Investasi SDM merupakan fondasi        resources investment is the most fundamental foundation for
paling mendasar untuk mencapai kesuksesan dan memastikan          achieving success and ensuring the Company’s future. With a
masa depan Perusahaan. Bersama tim yang terampil, kompeten,       skilled, competent, and highly committed team, the Company is
dan memiliki komitmen yang kuat, Perseroan siap menghadapi        ready to face challenges and achieve success in various business
tantangan dan meraih keberhasilan dalam berbagai inisiatif bis-   initiatives.
nis.



STRATEGI PENGEMBANGAN 2024                                        DEVELOPMENT STRATEGY IN 2024
Sebagai wujud upaya untuk memastikan program pengemban-           As part of its efforts to ensure the successful implementation of
gan SDM terlaksana dengan baik, Perseroan merumuskan enam         human resource development programs, the Company has for-
strategi prioritas yang menjadi fokus utama di tahun 2024.        mulated six priority strategies as its main focus in 2024. These
Strategi peningkatan kompetensi SDM tersebut meliputi: 1)         strategies for improving human resource competencies include:
Pengembangan pemimpin dan manajer; 2) Internalisasi nilai-        1) Leadership and management development; 2) Internalization
nilai Perusahaan; 3) Human capital berbasis teknologi Infor-      of company values; 3) Human capital development based on in-
masi; 4) perencanaan suksesi untuk posisi kunci; 5) manajemen     formation technology; 4) Succession planning for key positions;
karier; dan 6) keterlibatan karyawan. Strategi utama tersebut     5) Career management; and 6) Employee engagement. These
diturunkan dalam program-progam kegiatan yang dilaksanakan        key strategies are translated into simultaneous programs that
secara simultan serta mendapatkan partisipasi aktif dari kar-     actively involve employee participation. The programs are imple-
yawan. Program-program tersebut antara lain diwujudkan mela-      mented through the Individual Development Program compe-
lui Individual Development Program, pengukuran kompetensi,        tency assessments, talent development, and various training and
pengembangan talenta, dan berbagai pelatihan dan kompetensi       innovation competency initiatives.
inovasi.


Pelaksanaan program pengembangan SDM juga disesuaikan             The implementation of human resource development programs
dengan prioritas kebutuhan dan nilai-nilai perusahaan. “Trust-    is also aligned with the Company’s priority needs and the Com-
worthy” atau “Terpercaya” terpilih untuk menjadi tema utama       pany values. “Trustworthy” has been chosen as the main theme




                                                                                                                                       78
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     Profil Perusahaan                                                                                          Laporan Tahunan | Annual Report 2024


     pengembangan SDM di tahun 2024. Perseroan juga secara rutin           for human resources development in 2024. The Company also
     menjalanakan program internalisasi kepada karyawan, seperti           regularly conducts internalization programs for employees, co-
     menyangkut tujuan dan strategi prioritas, nilai-nilai Perusa-         vering topics such as the Company’s goals and priority strategies,
     haan, maupun mengenai aspek pengetahuan dan tata kelola.              Company values, and governance aspects. Consistently, the Com-
     Perseroan secara rutin mendistribusikan informasi mengenai            pany distributes information about its progress and enriches
     perkembangan perusahaan maupun dalam rangka memperkaya                employee’s knowledge while enhancing employee engagement
     pengetahuan dan meningkatkan keterlibatan karyawan mela-              through the distribution of an educational e-bulletin called New-
     lui distribusi e-buletin edukatif yang bernama Newton. Upaya          ton. Another important initiative is the provision of online train-
     penting lainnya yakni menyelenggarakan pelatihan secara dar-          ing through the “Global Learning and Development Information
     ing melalui modul “Global Learning and Development Informa-           System (GLADIS)” module, as well as the establishment of a
     tion System (GLADIS), serta menyediakan Learning Corner dan           Learning Corner and internal training programs.
     pelatihan internal.


     Pada tahun 2024, Intiland menyelenggarakan dan mengikuti se-          In 2024, Intiland organized and participated in 189 training ses-
     banyak 189 pelatihan dengan keseluruhan mencapai 8.575 jam            sions with a total of 8,575 training hours. These training pro-
     pelatihan. Program-program pelatihan tersebut memiliki fokus          grams had different focuses, including improving technical com-
     berbeda-beda, antara lain berkaitan dengan aspek peningkatan          petencies, expertise and skills, leadership, as well as company
     kompetensi teknis, keahlian dan ketrampilan, kepemimpinan,            values and work culture. The internalization of company values is
     hingga nilai-nilai dan budaya kerja. Internalisasi nilai perusahaan   instilled in all employees to help them become trustworthy indi-
     ini ditanamkan kepada seluruh karyawan agar dapat menjadi             viduals who are reliable, consistent, have integrity, and are com-
     pribadi terpercaya yang diandalkan, konsisten, berintegritas, dan     mitted to the Company and its stakeholders. The Company con-
     berkomitmen kepada Perusahaan maupun pemangku kepentin-               sistently reviews and improves the Employee Value Proposition,
     gan. Perseroan secara konsisten mereviu dan meningkatkan Em-          runs employee development programs, and engages in activities
     ployee Value Proposition, menjalankan program pengembangan            involving employees. Leadership involvement in employee and
     karyawan, serta aktivitas-aktivitas yang melibatkan karyawan.         industrial relations is also a focus of human resource develop-
     Keterlibatan pimpinan dalam hubungan karyawan dan indus-              ment in 2024.
     trial turut menjadi fokus pengembangan SDM yang dijalankan
     di tahun 2024.


     Perusahaan berkomitmen menjadikan setiap program pengem-              The Company is committed to making every competency devel-
     bangan kompetensi sebagai langkah penting dalam rangka                opment program an essential step in creating outstanding, inno-
     menciptakan SDM unggul inovatif dan siap menghadapi setiap            vative human resource that are ready to face any challenges. The
     tantangan. Perseroan menjalankan pengembangan karir den-              Company conducts career development through objective and
     gan metode penilaian yang objektif dan terukur, dimulai dari          measurable assessment methods, starting from responsibility
     pemetaan tanggung jawab, penentuan indikator kinerja utama,           mapping, determining key performance indicators, setting tar-
     target, hingga pengembangan talenta yang menghasilkan pem-            gets, and developing talents to produce future leaders.
     impin masa depan.


     PENINGKATAN BERKELANJUTAN                                             CONTINUOUS IMPROVEMENT
     Intiland menyakini bahwa mendapatkan kesempatan, apresiasi,           Intiland believes that receiving opportunities, appreciation, and
     dan pengakuan atas ide, gagasan, dan inovasi menjadi faktor           recognition for ideas, concepts, and innovations is an important
     penting bagi setiap karyawan. Intiland senantiasa memberikan          factor for every employee. Intiland consistently provides oppor-
     kesempatan bagi karyawan untuk mengaktualisasikan ide, ga-            tunities for employees to realize ideas, concepts, and innova-
     gasan dan inovasi yang bermanfaat bagi kemajuan Perusahaan            tions that benefit the Company’s progress as well as individual
     serta perkembangan individu. Ide dan gagasan tersebut dikemas         development. These ideas and concepts are incorporated into
     menjadi program kerja dan diikutsertakan pada Continuous Im-          work programs and entered into the Continuous Improvement
     provement Awards, sebuah ajang kompetisi inovasi yang dise-           Awards, an annual innovation competition. The innovative ideas
     lenggarakan setiap tahun. Ide inovasi yang diikutsertakan pada        submitted for this event fall into two categories; 1) Small Group
     kegiatan ini dapat berupa 1) Small Group Activity yakni program       Activities, which are complex programs involving several divi-
     yang bersifat kompek dan melibatkan beberapa divisi, dan 2) Just      sions, and, 2) Just Do It programs, which are simpler in nature.
     Do It, untuk program yang lebih sederhana.


     Melalui inisiatif tersebut, Perseroan mendorong kolaborasi dan        Through this initiative, the Company encourages team collabo-
     kreativitas tim dan juga memperkuat pondasi SDM yang tang-            ration and creativity while also strengthening the foundation of
     guh dan adaptif terhadap tantangan dan dinamika di masa               human resources that are resilient and adaptable to future chal-
     depan. Pada 2024, ajang kompetisi ini diikuti sebanyak 80 ide         lenges and dynamics. In 2024, this competition saw 80 innova-
     inovasi, atau relatif stabil dibandingkan pada tahun lalu. Dari       tive ideas submitted, a number that remained relatively stable
     jumlah tersebut terpilih 10 ide inovasi terbaik yang antara lain      compared to the previous year. Of these, the 10 best innovative
     pemasaran, teknologi Informasi, pengadaan, komunikasi, dan            ideas were selected, covering areas such as marketing, informa-
     bidang teknis konstruksi. Ide inovasi dari para finalis kompetisi     tion technology, procurement, communication, and construction




79
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PT Intiland Development Tbk                                                                                       Company Profile


ini telah dikembangkan menjadi standar baru bagi prosedur dan    technical fields. The innovative ideas from the competition final-
instruksi kerja Perusahaan.                                      ists have been developed into new standards for the Company’s
                                                                 procedures and work instructions.


Komitmen dalam meningkatkan mutu SDM sekaligus menjadi           The commitment to improving the quality of human resources
respon terhadap tantangan, peluang dan dinamika pasar yang       is also a response to market challenges, opportunities, and dy-
terjadi. Program-program pengembangan ini dijalankan melalui     namics. These development programs are carried out through a
serangkaian proses evaluasi terhadap pengembangan organisasi     series of evaluations on organizational development and human
dan sistem manajemen SDM. Sistem pelatihan yang dijalankan       resource management systems. The training system is designed
dirancang secara kompehensif serta pengembangan karier se-       comprehensively, with career development being transparent,
cara transparan, adil, dan transparan bagi seluruh karyawan.     fair, and equal for all employees.


Informasi lebih lengkap dan mendetil mengenai strategi pengem-   For more detailed and complete information regarding the hu-
bangan SDM dibahas pada Laporan Keberlanjutan Perseroan ta-      man resource development strategy, please refer to the Com-
hun 2024.                                                        pany’s 2024 Sustainability Report.




Informasi Pemegang Saham
Information of Shareholders

Komposisi Kepemilikan Saham 5% atau Lebih | Share Ownerships Composition of 5% or Above


                                                                               1 Januari 2024                31 Desember 2024
                                                                               January 1, 2024               December 31, 2024
Pemegang Saham | Shareholders
                                                                      Jumlah Saham               (%)     Jumlah Saham          (%)
                                                                        Total Shares                       Total Shares

CGS International Securities Singapore Pte Ltd                        1.557.077.600           15,02       1.561.949.900      15,07
PT CGS International Sekuritas Indonesia                              1.635.997.542           15,78       1.500.000.163      14,47
PT Bina Yatra Sentosa                                                 1.240.489.375           11,97       1.240.489.375      11,97
Bali Private Villa(s) Pte Ltd                                           775.911.150            7,49        775.911.150        7,49
Drs. Lo Kheng Hong                                                      686.416.700            6,62        686.416.700        6,62
Masyarakat | Public                                                   4.469.961.818           43,12       4.668.837.597      45,04


Jumlah modal ditempatkan / Total issued capital                     10.365.854.185               100    10.365.854.185         100




       Talaga Bestari                                                                                                                 80
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     Profil Perusahaan                                                                                                                        Laporan Tahunan | Annual Report 2024


     Kepemilikan Saham Langsung Dewan Komisaris dan Direksi
     | Direct Share Ownership of Board of Commissioners and Directors


                                                                                                                1 Januari 2024                         31 Desember 2024
                                                                                                                January 1, 2024                        December 31, 2024
     Pemegang Saham | Shareholders
                                                                                                   Jumlah Saham                     (%)          Jumlah Saham                 (%)
                                                                                                     Total Shares                                  Total Shares


     Dewan Komisaris | Board of Commissioners

     Sinarto Dharmawan                                                                                 65.907.430                  0,64               65.907.430             0,64
     Komisaris Utama | President Commissioner

     DR. Sofyan A. Djalil, SH.MA                                                                                     -                  -                          -              -
     Wakil Komisaris Utama & Komisaris Independen
     Vice President Commissioner & Independent Commissioner

     Thio Gwan Po Micky                                                                                              -                  -                          -              -
     Komisaris Independen | Independent Commissioner

     Friso Palilingan                                                                                                -                  -                          -              -
     Komisaris Independen | Independent Commissioner

     Jahja Asikin                                                                                     219.683.834                  2,12             219.683.834              2,12
     Komisaris | Commissioner

     Ping Handayani Hanli**                                                                           219.683.834                  2,12             219.683.834              2,12
     Komisaris | Commissioner

     Sub-Jumlah | Sub-Total                                                                           285.591.264                  2,76             505.275.098              4,88


     Direksi | Directors

     Hendro Santoso Gondokusumo*                                                                             50.432                0,00                    50.000            0,00
     Direktur Utama | President Director

     Suhendro Prabowo                                                                                 219.683.834                  2,12             219.683.834              2,12
     Wakil Direktur Utama | Vice President Director

     Utama Gondokusumo                                                                                153.778.684                  1,48             153.778.684              1,48
     Wakil Direktur Utama | Vice President Director

     Moedjianto S. Tjahjono***                                                                                       -                  -                          -              -
     Wakil Direktur Utama | Vice President Director

     Ping Handayani Hanli**                                                                           219.683.834                  2,12             219.683.834              2,12
     Direktur | Director

     Archied Noto Pradono                                                                                            -                  -                          -              -
     Direktur | Director

     Perry Yoranouw                                                                                                  -                  -                          -              -
     Direktur | Director

     Permadi Indra Yoga                                                                                              -                  -                          -              -
     Direktur | Director

     Novita Anggriani****                                                                                            -                  -                          -              -
     Direktur | Director



     Sub-Jumlah | Sub-Total                                                                           593.196.784                  5,72             373.512.518              3,60

     Jumlah | Total                                                                                   878.788.048                  8,48             878.787.616              8,48


     *) Meninggal dunia pada 13 Maret 2025 | Deceased on March 13, 2025.
     **) Ibu Ping Handayani Hanli menjabat sebagai Direktur Perseroan hingga RUPST pada 30 Mei 2024 dan selanjutnya menjabat sebagai Komisaris Perseroan sejak disahkan melalui
     RUPST pada 30 Mei 2024. | Mrs. Ping Handayani Hanli served as the Director of the Company until the Annual General Meeting of Shareholders (AGM) on May 30, 2024, and subse-
     quently assumed the position of Commissioner of the Company, as confirmed through the AGM on May 30, 2024.
     ***) Bapak Moedjianto Soesilo Tjahjono menjabat sebagai Wakil Direktur Utama Perseroan hingga RUPST pada 30 Mei 2024. | Mr. Moedjianto Soesilo Tjahjono served as Vice Presi-
     dent Director until the AGM on May 30, 2024.
     ****) Ibu Novita Anggriani menjabat sebagai Direktur Perseroan sejak disahkan melalui RUPST pada 30 Mei 2024. | Ms. Novita Anggriani has served as the Director of the Company
     since being confirmed through the Annual General Meeting of Shareholders (AGM) on May 30, 2024.




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PT Intiland Development Tbk                                                                                                                              Company Profile


Kepemilikan Saham Tidak Langsung oleh Dewan Komisaris dan Direksi
| Indirect Share Ownership of Board of Commissioners and Directors


                                                                                                           1 Januari 2024                         31 Desember 2024
                                                                                                           January 1, 2024                        December 31, 2024
Pemegang Saham | Shareholders
                                                                                               Jumlah Saham                     (%)          Jumlah Saham                 (%)
                                                                                                 Total Shares                                  Total Shares


Dewan Komisaris | Board of Commissioners

Sinarto Dharmawan                                                                                               -                  -                           -             -
Komisaris Utama | President Commissioner

DR. Sofyan A. Djalil, SH.MA                                                                                     -                  -                           -             -
Wakil Komisaris Utama & Komisaris Independen
Vice President Commissioner & Independent Commissioner

Thio Gwan Po Micky                                                                                              -                  -                           -             -
Komisaris Independen | Independent Commissioner

Friso Palilingan                                                                                                -                  -                           -             -
Komisaris Independen | Independent Commissioner

Jahja Asikin                                                                                                    -                  -                           -             -
Komisaris | Commissioner

Ping Handayani Hanli**                                                                                          -                  -                           -             -
Komisaris | Commissioner



Direksi | Directors

Hendro Santoso Gondokusumo*                                                                    5.204.997.756                 50,22           5.328.800.724             51,41
Direktur Utama | President Director

Suhendro Prabowo                                                                                                -                  -                           -             -
Wakil Direktur Utama | Vice President Director

Utama Gondokusumo                                                                                               -                  -                           -             -
Wakil Direktur Utama | Vice President Director

Moedjianto S. Tjahjono***                                                                                       -                  -                           -             -
Wakil Direktur Utama | Vice President Director

Archied Noto Pradono                                                                                            -                  -                           -             -
Direktur | Director

Perry Yoranouw                                                                                                  -                  -                           -             -
Direktur | Director

Permadi Indra Yoga                                                                                              -                  -                           -             -
Direktur | Director

Novita Anggriani****                                                                                            -                  -                           -             -
Direktur | Director



Jumlah | Total                                                                                5.204.997.756                  50,22           5.328.800.724             51,41

*) Meninggal dunia pada 13 Maret 2025 | Deceased on March 13, 2025.
**) Ibu Ping Handayani Hanli menjabat sebagai Direktur Perseroan hingga RUPST pada 30 Mei 2024 dan selanjutnya menjabat sebagai Komisaris Perseroan sejak disahkan melalui
RUPST pada 30 Mei 2024. | Mrs. Ping Handayani Hanli served as the Director of the Company until the Annual General Meeting of Shareholders (AGM) on May 30, 2024, and subse-
quently assumed the position of Commissioner of the Company, as confirmed through the AGM on May 30, 2024.
***) Bapak Moedjianto Soesilo Tjahjono menjabat sebagai Wakil Direktur Utama Perseroan hingga RUPST pada 30 Mei 2024. | Mr. Moedjianto Soesilo Tjahjono served as Vice Presi-
dent Director until the AGM on May 30, 2024.
****) Ibu Novita Anggriani menjabat sebagai Direktur Perseroan sejak disahkan melalui RUPST pada 30 Mei 2024. | Ms. Novita Anggriani has served as the Director of the Company
since being confirmed through the Annual General Meeting of Shareholders (AGM) on May 30, 2024.




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     Komposisi Kepemilikan Saham oleh Pemodal Nasional dan Asing
     | Composition of Share Ownership by Domestic and Foreign Investors


                                              1 Januari 2024 / January 1, 2024                  31 Desember 2024 / December 31, 2024

     Status Investor               Jumlah Investor     Jumlah Saham Kepemilikan           Jumlah Investor    Jumlah Saham Kepemilikan
     Investors Status                   Number of     Number of Stock Ownership                Number of    Number of Stock Ownership
                                         Investors                            %                 Investors                           %

     Asuransi / Insurance                       18         88.002.260              0,85              10          28.535.160           0,28

     Australia - tax treaty                      1            321.900              0,00                1            321.900           0,00

     Bank                                        4            630.360              0,01                4            630.360           0,01

     Broker                                     26       1.821.380.320            17,57              25        1.830.352.159         17,66

     Canada - tax treaty                         1           1.887.400             0,02                1           1.887.400          0,02

     Finland - tax treaty                        0                      0            0                 1         70.000.000           0,68

     Individu lokal                        16.162        3.563.659.628            34,38          16.530        3.976.356.127         38,36
     | Individual - domestic

     Individu asing                             39            572.080              0,01              41            1.391.480          0,01
     | Individual - foreign

     Institusi asing                          100        2.806.664.902            27,08             110        2.865.842.772         27,65
      | Institution - foreign
     Koperasi                                    2           3.514.680             0,03                1           3.262.680          0,03

     Malaysia - tax treaty                       1            650.000              0,01                1            650.000           0,01

     Reksadana | Mutual fund                     5        129.675.000              1,25                2         25.751.700           0,25

     Dana Pensiun | Pension fund                 7           7.684.920             0,07                6           1.393.320          0,01

     Perusahaan Terbatas                        61       1.868.982.824            18,03              55        1.392.101.025         13,43
     | Limited Liability Company

     Singapore - tax treaty                      2           2.119.000             0,02                2           2.119.000          0,02

     Switzerland - tax treaty                    1         11.926.411              0,12                1         73.379.611           0,71

     United Kingdom - tax treaty                 2           8.920.300             0,09                3             76.987           0,00

     United States of America                   15         49.252.900              0,48              23          91.793.204           0,89
     - tax treaty

     Yayasan | Foundation                        2               9.300             0,00                2              9.300           0,00

     Jumlah / Total                        16.449       10.365.854.185             100           16.819       10.365.854.185          100




     Klasifikasi Kepemilikan Saham | Classification of Shareholders


                                              1 Januari 2024 / January 1, 2024                  31 Desember 2024 / December 31, 2024

     Klasifikasi                             Jumlah       Jumlah Investor            %              Jumlah      Jumlah Investor         %
     / Classification                 Lembar Saham             Number of                     Lembar Saham            Number of
                                    Number of Shares            Investors                  Number of Shares           Investors

     Institusi | Institutions


     Domestik | Domestic               3.919.879.664                    125       37,82       3.282.035.704                105       31,66

     Asing | Foreign                   2.881.742.813                    123       27,80       3.106.070.874                143       29,96


     Individu | Individuals


     Domestik | Domestic               3.563.659.628                  16.162      34,38       3.976.356.127             16.530       38,36

     Asing | Foreign                          572.080                       39     0,01           1.391.480                    41     0,01

     Jumlah | Total                   10.365.854.185                  16.449     100,00      10.365.854.185             16.819      100,00



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PT Intiland Development Tbk                                                                                                                                       Company Profile


Informasi Pemegang Saham Utama dan Pengendali
|Information on Major and Controlling Shareholder

                                                     Hendro S. Gondokusumo                                                                                          Masyarakat / Public

                                                              51,41%                                                                                                       48,59%




  Hendro S. Gondokusumo*      PT CGS International      PT Bina Yatra Sentosa      CGS International Securities   Bali Private Villa(s) Pte Ltd   PT Graha Intan Mandiri
                              Sekuritas Indonesia                                       Singapore Pte Ltd

         0,00%                     14,47%                    11,97%                         14,96%                          7,49%                        2,52%




                                                                     PT Intiland Development Tbk
                                                                                100%


* kepemilikan langsung sebanyak 50.000 lembar saham | direct ownership of 50,000 shares. Meninggal dunia pada 13 Maret 2025 | Deceased on March 13, 2025.




        Griya Semanan                                                                                                                                                                     84
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     Struktur Grup Perusahaan per 31 Desember 2024
     Company Group Structure as of December 31, 2024

                                                                                        PT Intiland Development Tbk




        PT Taman Harapan Indah             PT Intiland Esperto                               PT Inti Gria Persada     PT Intiland Grande                                 PT Intiland Infinita                       PT Intiland Alfa Rendita
                (100%)                           (100%)                                              (55%)                  (100%)                                              (10%)                                        (100%)



           PT Mutiara Raga Indah                                 PT Inti Gria Perdana                                                        PT Primasentosa                                                       PT Inti Algoritma Perdana
                  (100%)                                                (100%)                                                                Ganda(100%)                                                                    (100%)



           PT Intisarana Ekaraya                                 PT Inti Gria Perkasa                                                      PT Grande Imperial
                   (100%)                                               (100%)                                                                   (100%)

                                                                                                                                                                                                                                Badan Kerjasama Graha
                                                                                                                                       PT Grande Family View                                                                     Pratama[BKGP] (30%)
           PT Sinar Puspapersada                                 PT Inti Gria Perwira                                                          (75%)
                   (100%)                                               (100%)

                                                                                                                                                                                                                                   PT Melati Anugrah
                                                                                                                                      PT Kinerja Lancar Serasi                                                                      Semesta (49,3%)
           PT Abadi Citra Lestari                            PT Inti Gria Palamarta                                                           (100%)
                 (100%)                                              (100%)


                                                                                                                                       PT Purisentosa Unggul                           PT Adiwarna Harapan                      PT Melati Impian Bangsa
           PT Putra Sinar Permaja                            PT Inti Gria Pramudya                                                             (100%)                                    Nusantara (50%)                                (100%)
                   (51%)                                             (100%)

                                                                                                                                       PT Usaha Guna Kelola
          PT Vida Irvetta Peninsula                                                                                                           (100%)                                                                               PT Melati Wahana
                                        PT Gandaria Permai
                   (100%)                                                                                                                                                                                                          Nusantara (100%)
                                             (100%)

                                                                                                                                           PT Sinar Cemerlang                          PT Kawasan Industri
                                        PT Gandaria Prima                                                                                   Gemilang (100%)                              Intiland (100%)
              PT Selasih Safar                                                                                                                                                                                                      PT Raharja Mitra
                  (52.4%)                    (100%)
                                                                                                                                                                                                                                     Familia(36,6%)

                                                                                                                                           PT Intiland Sejahtera                   PT Kawasan Jombang (100%)
                                        PT Gandaria Mulia                                                                                          (100%)
          PT Mahkota Kemayoran               (100%)
               Realty (40%)

                                                                                                                                            PT Graha Inti Boga                       PT Kawasan Ploso (100%)
                                         PT Gandaria Sakti                                                                                       (100%)
         Badan Kerjasama Mutiara              (100%)
           Buana [BKMB] (50%)

                                                                                                                                     Badan Kerjasama Intiland                       PT Jateng Industri Intiland               PT Perkebunan dan Industri
                                                                                                                                       Starlight [BKIS] (20%)                                (100%)                                Segajung (100%)
          PT Hotel Taman Harapan          PT Inti Mitbana
                Indah (50%)             Development (30%)
                                                                                                                                             PT Buana Bejana
                                                                                                                                                 (100%)
          PT Perkasalestari Utama     PT Perkasalestari Permai
                  (100%)                      (100%)
                                                                                                                                             PT Puri Pariwara
                                                                                                                                                  (36%)

         PT Wirasejati Binapersada
                  (100%)
                                                                                                                                      PT Graha Abdael Sukses
                                                                                                                                              (55%)



                                                                                                                                                                   Keterangan : Entitas anak, entitas asosiasi dan ventura bersama dengan kepemilikan ≥20%
                                                                                                                                                                                         Note: Subsidiaries, associates and joint ventures with ownership ≥20%

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PT Intiland Development Tbk                                                                                                                                                     Company Profile



Entitas Anak, Entitas Asosiasi, dan Ventura Bersama
Information on Subsidiaries, Associates, and Joint Venture


Nama Perusahaan                          Alamat Perusahaan                                          Kegiatan Usaha      Persentase   Tanggal Penyertaan   Status Operasional          Jumlah Aset
Name of the Company                      Company Address                                            Business Activity   Percentage   Date of Inclusion    Operational Status           Total Assets
                                                                                                                        (%)                               (√)                                  (Rp)

Taman Harapan Indah                      Gd. Intiland Tower Lt. Penthouse Jl. Jendral Sudirman      Real Estat          100          28/08/1992           √                     4.675.878.815.271
                                         Kav.32 Karet, Tengsin, Tanah Abang, Jakarta Pusat          Real Estate


  Mutiara Raga Indah                     Jl. Raya Pantai Mutiara                                    Pusat Kebugaran     100          30/06/1990           √                         3.909.172.809
                                         Rt.008/Rw.016 Pluit,                                       Fitness Center
                                         Penjaringan, Jakarta Utara


  Intisarana Ekaraya                     Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          30/12/2002           Belum operasional       378.697.358.986
                                         Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


         Gandaria Permai                 1Park Residences, Jl. KH Syafei Hadzami No. 1. Kebayo-     Real Estat          100          17/04/1996           √                        38.387.966.494
                                         ran Baru, Jakarta Selatan.                                 Real Estate


         Gandaria Prima                  Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          17/04/1996           √                       307.501.733.482
                                         Jakarta Pusat.                                             Real Estate


         Gandaria Mulia                  Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          17/04/1996           Belum operasional         4.746.045.278
                                         Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


         Gandaria Sakti                  Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          17/04/1996           Belum operasional         4.002.240.231
                                         Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


  Sinar Puspapersada                     Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          20/12/2002           √                       592.373.750.529
                                         Jakarta Pusat.                                             Real Estate


         Inti Mitbana Development        Talaga Bestari, Jungle Boulevard No. 1, Jalan Raya         Real Estat          30           14/7/2022            Belum operasional       265.903.630.162
                                         Serang Km. 21, Desa Cibadak, Kecamatan Cikupa, Kab         Real Estate                                           Not Yet Operational
                                         Tangerang – Banten.

  Abadi Citra Lestari                    Plaza De Lumina, Taman Semanan Indah Blok C No 8-9,        Real Estat          100          07/09/2015           √                         6.060.829.415
                                         Cengkareng, Jakarta Barat.                                 Real Estate



                                                                                                                                                                                                      86
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     Nama Perusahaan                         Alamat Perusahaan                                          Kegiatan Usaha      Persentase   Tanggal Penyertaan   Status Operasional               Jumlah Aset
     Name of the Company                     Company Address                                            Business Activity   Percentage   Date of Inclusion    Operational Status                Total Assets
                                                                                                                            (%)                               (√)                                       (Rp)

        Putra Sinar Permaja                  South Quarter, Jl. RA Kartini Kav 8, Cilandak, Jakarta     Real Estat          51           05/05/2010           √                           1.951.829.419.473
                                             Selatan.                                                   Real Estate


        Vida Irvetta Peninsula               Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          22/02/2016           Belum operasional            222.725.092.522
                                             Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


        Selasih Safar                        Jl. Raya Gatot Subroto km 68, Kelurahan Jatake, Jatiu-     Real Estat          52.4         17/09/2014           √                             78.779.408.495
                                             wung, Tangerang .                                          Real Estate


        Mahkota Kemayoran Realty             Menara DEA Tower 1, Jl. Mega Kuningan Barat IX, Kav        Real Estat          40           06/02/2008           √                            227.622.565.454
                                             E.4.3 No. 1, Setiabudi, Jakarta Selatan.                   Real Estate


        Badan Kerjasama Mutiara Buana (JO)   Pantai Mutiara blok TG No. 1D, Pluit, Jakarta Utara.       Real Estat          50           26/05/2003           √                            488.048.966.048
                                                                                                        Real Estate


        Hotel Taman Harapan Indah            Pantai Mutiara Blok R-1, Pluit, Penjaringan,               Hotel               50           10/07/2003           Belum operasional             79.871.545.892
                                             Jakarta Utara.                                                                                                   Not Yet Operational


        Perkasalestari Utama                 Ruko Taman Harapan Indah, Lantai dasar, Jl. Flat Taman     Real Estat          100          26/12/2008           √                           1.112.799.283.817
                                             Harapan Indah, Jakarta Barat.                              Real Estate


               Perkasalestari Permai         Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          24/03/2011           √                            825.037.203.461
                                             Jakarta Pusat.                                             Real Estate


        Wirasejati Binapersada               Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          05/05/2010           Belum operasional            324.733.277.871
                                             Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


     Intiland Esperto                        Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          07/08/2008           Belum operasional            102.117.239.473
                                             Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


        Inti Gria Perdana                    Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          03/12/2008           √                            162.385.476.241
                                             Jakarta Pusat.                                             Real Estate

        Inti Gria Perkasa                    Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          03/12/2008           √                               1.557.543.868
                                             Jakarta Pusat.                                             Real Estate




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PT Intiland Development Tbk                                                                                                                                                       Company Profile



Nama Perusahaan                           Alamat Perusahaan                                           Kegiatan Usaha      Persentase   Tanggal Penyertaan   Status Operasional          Jumlah Aset
Name of the Company                       Company Address                                             Business Activity   Percentage   Date of Inclusion    Operational Status           Total Assets
                                                                                                                          (%)                               (√)                                  (Rp)

   Inti Gria Perwira                      Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,    Real Estat          100          03/12/2008           √                        48.152.159.448
                                          Jakarta Pusat.                                              Real Estate


   Inti Gria Palamarta                    Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,    Real Estat          100          27/04/2012           √                        18.385.861.085
                                          Jakarta Pusat.                                              Real Estate


   Inti Gria Pramudya                     Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,    Real Estat          100          27/04/2012           √                        59.834.613.175
                                          Jakarta Pusat.                                              Real Estate


Inti Gria Persada                         Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,    Real Estat          55           03/12/2008           Belum operasional        99.977.840.403
                                          Jakarta Pusat.                                              Real Estate                      28/08/2017           Not Yet Operational


Intiland Grande                           Spazio Office Building, Lantai 8. Jl. Mayjend Yono Soe-     Real Estat          100          30/01/1992           √                     4.232.268.452.616
                                          woyo, Surabaya, Jawa Timur.                                 Real Estate


   Primasentosa Ganda                     Jl. Panglima Sudirman No. 101-103, Surabaya, Jawa           Real Estat          100          28/04/2006           √                       713.202.984.420
                                          Timur.                                                      Real Estate


   Grande Imperial                        Jl. Sumatra No. 36, Surabaya, Jawa Timur.                   Real Estat          100          30/04/2007           √                        82.282.652.488
                                                                                                      Real Estate


   Grande Family View                     Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Real Estat          75           02/07/1993           √                       253.113.435.417
                                          woyo Kav. 3, Surabaya, Jawa Timur.                          Real Estate


   Kinerja Lancar Serasi                  Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Real Estat          100          13/01/2012           Belum operasional       269.951.148.505
                                          woyo Kav. 3, Surabaya, Jawa Timur.                          Real Estate                                           Not Yet Operational


   Purisentosa Unggul                     Jl. Darmo Harapan I, Surabaya, Jawa Timur.                  Real Estat          100          03/06/2009           Belum operasional         5.102.143.387
                                                                                                      Real Estate                                           Not Yet Operational


          PT Adiwarna Harapan Nusantara   Intiland Tower Lt.2, Jl. Jend. Sudirman 32, Jakarta Pusat   Real Estat          50           01/12/2023           Belum operasional           374.015.555
                                                                                                      Real Estate                                           Not Yet Operational

   Usaha Guna Kelola                      Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Hotel               100          17/07/2017           Belum operasional        22.442.129.392
                                          woyo Kav. 3, Surabaya, Jawa Timur.                                                                                Not Yet Operational




                                                                                                                                                                                                        88
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     Nama Perusahaan                             Alamat Perusahaan                                           Kegiatan Usaha         Persentase   Tanggal Penyertaan   Status Operasional               Jumlah Aset
     Name of the Company                         Company Address                                             Business Activity      Percentage   Date of Inclusion    Operational Status                Total Assets
                                                                                                                                    (%)                               (√)                                       (Rp)

       Sinar Cemerlang Gemilang                  Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Real Estat             100          14/10/2011           √                            233.078.791.797
                                                 woyo Kav. 3, Surabaya, Jawa Timur.                          Real Estate


       Intiland Sejahtera                        Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Real Estat             100          28/11/1990           √                            940.259.740.798
                                                 woyo Kav. 3, Surabaya, Jawa Timur.                          Real Estate


              Kawasan Industri Intiland          Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Kawasan industri /     100          19/02/1991           √                             58.805.755.991
                                                 woyo Kav. 3, Surabaya, Jawa Timur.                          Industrial estate


              Kawasan Jombang                    Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Real Estat             100          27/09/2011           Belum operasional             86.541.553.241
                                                 woyo Kav. 3, Surabaya, Jawa Timur.                          Real Estate                                              Not Yet Operational


              Kawasan Ploso                      Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Real Estat             100          26/09/2011           Belum operasional            138.510.748.118
                                                 woyo Kav. 3, Surabaya, Jawa Timur.                          Real Estate                                              Not Yet Operational


              Jateng Industri Intiland           Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Real Estat & Ka-       100          27/12/2018           √                            198.887.016.454
                                                 woyo Kav. 3, Surabaya, Jawa Timur.                          wasan Industri
                                                                                                             Real Estate & Indus-
                                                                                                             trial Estate


              Perkebunan dan Industri Segajung   Desa Sembojo, Kel. Tulis, Kec. Tulis, Kab. Batang, Jateng   Real Estat & Ka-       100          15/01/2021           √                            333.196.891.331
                                                                                                             wasan Industri
                                                                                                             Real Estate & Indus-
                                                                                                             trial Estate


       Graha Inti Boga                           Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Restoran & Pusat       100          15/03/2017           √                              1.905.999.504
                                                 woyo Kav. 3, Surabaya, Jawa Timur.                          Kebugaran
                                                                                                             Restaurants & Fit-
                                                                                                             ness Center


       Badan Kerjasama Intiland Starlight (JO)   Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Perkantoran /          20           22/11/2010           √                             32.466.044.934
                                                 woyo Kav. 3, Surabaya, Jawa Timur.                          Office

       Buana Bejana                              Spazio Office Building Unit 8, Jl. Mayjend Yono Soe-        Real Estat             100          24/02/2017           Belum operasional                159.197.019
                                                 woyo Kav. 3, Surabaya, Jawa Timur.                          Real Estate                                              Not Yet Operational




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Nama Perusahaan                        Alamat Perusahaan                                          Kegiatan Usaha      Persentase   Tanggal Penyertaan   Status Operasional          Jumlah Aset
Name of the Company                    Company Address                                            Business Activity   Percentage   Date of Inclusion    Operational Status           Total Assets
                                                                                                                      (%)                               (√)                                  (Rp)

   Puri Pariwara                       Gedung WTC lt. 6, Jl. Pemuda No.27-31, Surabaya,           Real Estat          39.7         28/08/1992           √                       132.094.923.802
                                       Jawa Timur.                                                Real Estate


   Graha Abdael Sukses                 Jl. HR. Muhammad 92A, Dukuh Pakis – Surabaya, Jawa         Real Estat          55           13/07/2020           √                       392.142.429.831
                                       Timur.                                                     Real Estate


Intiland Alfa Rendita                  Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          29/06/2015           Belum operasional        13.712.273.547
                                       Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


   Inti Algoritma Perdana              Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          30/06/2015           √                        19.567.216.515
                                       Jakarta Pusat.                                             Real Estate


Badan Kerjasama Graha Pratama (BKGP)   Graha Pratama. Jl. MT Haryono Kav. 15, Tebet, Jakarta      Perkantoran /       30           08/07/1999           √                        43.135.646.834
                                       Selatan.                                                   Office


Melati Anugrah Semesta                 Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          49.3         08/11/1996           Belum operasional       132.053.721.740
                                       Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


Melati Impian Bangsa                   Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          08/06/2012           Belum operasional        13.441.706.463
                                       Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


Melati Wahana Nusantara                Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          100          08/06/2012           Belum operasional        36.697.325.408
                                       Jakarta Pusat.                                             Real Estate                                           Not Yet Operational


Raharja Mitra Familia                  Intiland Tower, lantai Penthouse, Jl. Jend. Sudirman 32,   Real Estat          36,6         26/09/2016           √                       459.831.212.343
                                       Jakarta Pusat.                                             Real Estate




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     Profil Perusahaan                                                                                          Laporan Tahunan | Annual Report 2024



     Kronologi Pencatatan Saham
     Chronology of Share Listing


     Keterangan Penerbitan Saham              Harga Penawaran      Tanggal Efektif            Saham      Harga Nominal              Jumlah
     Description of Share Issuance                Offering Price   Effective Date              Share      Nominal Price               Total


     Penawaran Saham Perdana di Bursa                    6.500     21 Oktober 1989         12.000.000            1.000      12.000.000.000
     Paralel / Initial Public Offering on                          October 21, 1989
     Parallel Stock Exchange


     Perpindahan Pencatatan ke Bursa                          -    2 Agustus 1991          12.000.000            1.000      12.000.000.000
     Regular, Bursa Efek Jakarta / Transfer                        August 2, 1991
     of Listing to Regular Stock Exchange,
     the Jakarta Stock Exchange


     Penawaran Umum                                      1.650     18 Juni 1992           121.418.000            1.000     121.418.000.000
     terbatas (PUT) I dengan                                       June 18, 1992
     Hak Memesan Efek
     Terlebih Dahulu (HMETD) / Rights
     Issue I with preemptive rights


     PUT II dengan HMETD / Rights Issue                  2.500     6 Juni 1994             81.209.000            1.000      81.209.000.000
     II with preemptive rights                                     June 6, 1994


     Saham Bonus / Bonus Shares                               -    29 Desember 1997       219.264.300            1.000     219.264.300.000
                                                                   December 29, 1997


     Pemecahan Saham / Stock Split                            -    26 Januari 1998        925.782.600              500     462.891.300.000
                                                                   January 26, 1998


     Konversi Hutang Menjadi Ekuitas                          -    23 Juli 2007          2.183.973.483             500    1.091.986.741.500
     / Debt to Equity Conversion                                   June 23, 2007


     PUT III dengan HMETD / Rights Issue                 1.000                           2.073.170.722
     III with preemptive rights                                    29 Maret 2010                                   500    1.036.585.361.000
                                                                   March 29, 2010
     Waran / Warrants                                    1.000                           1.036.585.361


     Pemecahan Saham / Stock Split                            -    26 Juli 2010         10.365.853.610             250    2.591.463.402.500
                                                                   July 26, 2010


     Pelaksanaan waran Seri-1 (575                            -    12 April 2012        10.365.854.185             250    2.591.463.546.250
     lembar) / Exercise of Warrant Series                          April 12, 2012
     1 (575 shares)


     Pelaksanaan pembelian                                    -    23 September – 17       98.755.000          300-380      31.740.510.000
     kembali saham / Share buyback                                 Desember 2013
                                                                   September 23 – De-
                                                                   cember 17, 2013


     Pengalihan saham hasil pembelian                         -    30 Desember 2016        98.755.000              555      54.809.025.000
     kembali / Transfer of shares from                             December 30, 2016
     buyback action




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PT Intiland Development Tbk                                                                                          Company Profile



Informasi tentang Efek Lainnya
Information about Other Securities


Nama Efek                         Tahun Penerbitan Tanggal Jatuh Tempo       Nilai Penawaran    Peringkat Efek 2 Mei 2023
Securities name                   Year of Publication Due Date               Bid Value          Effect Rating As of 2 Mei 2023



PUB Sukuk Ijarah Berkelan-        2022                25 Agustus 2025        Rp250 miliar       A- Outlook Stabil
jutan I Intiland Development                          August 25. 2025        /billion           A-Stable Outlook
Tahap II
Issued Shelf-Registration Sukuk
Ijarah I Intiland Development
Tranche II 2022


PUB Sukuk Ijarah Berkelan-        2022                2 Desember 2024        Rp125 miliar       A- Outlook Stabil
jutan I Intiland Development                          December 2, 2024       /billion           A-Stable Outlook
Tahap III seri A
Issued Shelf-Registration Sukuk
Ijarah I Intiland Development
Tranche III, Series A


PUB Sukuk Ijarah Berkelan-        2022                2 Desember 2025        Rp125 miliar       A- Outlook Stabil
jutan I Intiland Development                          December 2, 2024       /billion           A-Stable Outlook
Tahap III seri B
Issued Shelf-Registration Sukuk
Ijarah I Intiland Development
Tranche III, Series B




Perseroan telah melunasi kewajiban atas pembayaran pokok             The Company has fulfilled its obligation for the principal pay-
Sukuk Ijarah Berkelanjutan I Intiland Development Tahap III seri A   ment of the Sustainable Sukuk Ijarah I Intiland Development
senilai Rp125 miliar yang jatuh tempo pada tanggal 2 Desember        Tranche III Series A, amounting to IDR 125 billion, which is due
2024.                                                                on December 2, 2024.


INFORMASI TENTANG AKUNTAN PUBLIK DAN KAN-                            INFORMATION ON PUBLIC ACCOUNTANTS AND
TOR AKUNTAN PUBLIK                                                   PUBLIC ACCOUNTING FIRMS
Berdasarkan keputusan RUPS Tahunan pada tanggal 30 Mei               Based on the decision of the Annual GMS on May 31, 2024, the
2024, memberikan kewenangan kepada Dewan Komisaris un-               Board of Commissioners had the authority to appoint a Public Ac-
tuk menunjuk Akuntan Publik Independen dan Kantor Akuntan            countant and Public Accounting Firm to audit the financial infor-
Publik yang akan melakukan audit atas informasi keuangan Per-        mation of the Company and its subsidiaries for the financial year
seroan dan entitas anak untuk tahun buku 31 Desember 2024.           ended 31 December 2024. Referring to the Decision, and with
Merujuk pada hasil keputusan tersebut, dan dengan pertimban-         considerations and recommendations from Audit Committee,
gan dan rekomendasi dari Komite Audit, maka Dewan Komisaris          the Board of Commissioners decided to appoint KAP Mirawati
memutuskan menunjuk KAP Mirawati Sensi Idris (An independ-           Sensi Idris (An independent member of Moore Global Network
ent member of Moore Global Network Limited) dengan Bapak             Limited) with Mr. Ahmad Syakir as Public Accountant (AP) to carry
Ahmad Syakir selaku Akuntan Publik (AP) untuk melaksanakan           out audit duties on the consolidated financial information of the
tugas audit atas informasi keuangan konsolidasian Perseroan          Company and its subsidiaries for the financial year ended 31 De-
dan entitas anak untuk tahun buku 31 Desember 2024. Keputu-          cember 2024 This decision was taken after receiving input and
san ini diambil setelah mendapatkan masukan dan rekomendasi          recommendations from the Audit Committee.
dari Komite Audit.


Penunjukan KAP tersebut telah memenuhi ketentuan Peraturan           The appointment of the Public Accounting Firm had complied
OJK Nomor 13/POJK.03/2017 tentang Penggunaan Jasa Akuntan            with the provisions of OJK Regulation Number 13/POJK.03/2017
Publik dan Kantor Akuntan Publik dalam Kegiatan Jasa Keuangan.       concerning the Use of Public Accounting Services and Public Ac-
                                                                     counting Firms in Financial Services Activities.


Selain audit atas informasi konsolidasian, Perseroan dan entitas     Apart from auditing the consolidated information of the Com-
anak, Perseroan tidak ada pekerjaan jasa layanan lainnya dari KAP    pany and its subsidiaries, the Company had no other services ren-
Mirawati Sensi Idris di tahun 2024.                                  dered by KAP Mirawati Sensi Idris in 2024.


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     Profil Perusahaan                                                                                                              Laporan Tahunan | Annual Report 2024


     Nama                          Akuntan Publik: Ahmad Syakir
     Name                          Kantor Akuntan Publik:
                                   Mirawati Sensi Idris (An independent member of Moore Global Network Limited)


                                   Public Accountant: Ahmad Syakir
                                   Public Accountant Firm:
                                   Mirawati Sensi Idris (An independent member of Moore Global Network Limited)

     Alamat                        Intiland Tower, 7th Floor, Jalan Jenderal Sudirman 32, Jakarta 10220
     Address                       T : +62 21 5708111
                                   F : +62 21 5722737

     Tahun Penugasan               2024
     Assignment Year

     Jasa yang Diberikan           1. Melaksanakan audit atas Laporan Keuangan Konsolidasian Perseroan dan entitas anak untuk posisi dan
     Services Rendered                tahun yang berakhir pada 31 Desember 2024.
                                   2. Mereviu atas Laporan Keuangan Konsolidasian Perseroan dan entitas anak untuk posisi dan periode yang
                                      berakhir 30 Juni 2024.


                                   1. Audit of the Consolidated Financial Information of the Company and its subsidiaries for the position and
                                      year ending 31 December 2024.
                                   2. Reviewed the Consolidated Financial Statements of the Company and its subsidiaries for the position and
                                      period ending 30 June 2024


     Biaya Jasa*                   Rp2.015.000.000,-
     Service Fee*                  Rp2,015,000,000.-


     * Biaya konsolidasi induk perusahaan dan anak perusahaan/fee for consolidated parent company and its subsidiaries




     Lembaga dan Profesi Penunjang Pasar Modal
     Capital Market Supporting Institutions and Professionals



         BIRO ADMINISTRASI EFEK                                     WALI AMANAT                                          PERUSAHAAN PEMERINGKAT EFEK
         SHARE REGISTRAR                                            TRUSTEE                                              CREDIT RATING COMPANY


         PT EDI Indonesia                                           PT Bank Mega Tbk                                     PT Kredit Rating Indonesia
         Wisma SMR, 10th Floor Jalan Yos                            Menara Bank Mega, 16 floor                           Sinarmas Land Plaza Tower 3 Lantai
         Sudarso Kav 89, Jakarta 14350                              Jalan Kapten Tendean Kav 12 – 14 A                   11 Jl. M.H. Thamrin No. 51 Kav. 22
         T : +62 21 650 5829                                        Jakarta 12790                                        Jakarta 10350
         F : +62 21 6515131                                         T : +6221 7919 5000                                  T : +61 21 3983 4411
                                                                    F : +6221 7918 7100


         Jasa yang diberikan                                        Jasa yang diberikan                                  Jasa yang diberikan
         / Service Provided:                                        / Service Provided:                                  / Service Provided:
         Administrasi Efek                                          Wali Amanat Obligasi | Bond Trustee                  Menetapkan peringkat Perusahaan
         | Shares Administration                                                                                         dan sukuk Perusahaan.
                                                                                                                         Assign credit rating for the Company
                                                                                                                         and its sukuk.


         Periode penugasan                                          Periode penugasan                                    Periode penugasan
         / Working Period:                                          / Working Period:                                    / Working Period:
         2024                                                       2024                                                 2024




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PT Intiland Development Tbk                                                                                                Company Profile




     NOTARIS                                       KONSULTAN HUKUM                                PENILAI
     NOTARY                                        LEGAL CONSULTANT                               APPRAISAL


     Humberg Lie, SH, SE, M.Kn                     Nugroho, Panjaitan & Partners                  KJPP Wilson & Rekan
     Jl. Raya Pluit Selatan 103, Jakarta           Equity Tower, lantai 29 Unit E SCBD            Chase Plaza 17th Floor
     14450                                         Lot. 9, Jl. Jend Sudirman Kav.52-53            Jl. Jend. Sudirman Kav. 21
     T: +62 21 66697315                            Jakarta                                        Jakarta 12930
                                                   T : +62 21 29035295                            T: +62 21 570 7170
                                                   F : +62 21 29035297                            F: +62-21 570 7177


     Jasa yang diberikan                           Jasa yang diberikan                            Jasa yang diberikan
     / Service Provided:                           / Service Provided:                            / Service Provided:
     Akta Perusahaan                               Konsultasi hukum sehubungan                    Melakukan pemeriksaan fisik, pe-
     Deed of Company                               dengan transaksi komersial.                    nelitian, analisa data, menentukan
                                                   Legal consultation in relation to              nilai pasar atas aset Perusahaan.
                                                   commercial transactions.                       Performing physical examination,
                                                                                                  research, analyzedata, determines
                                                                                                  market value of Company’s assets.


     Periode penugasan                             Periode penugasan                              Periode penugasan
     / Working Period:                             / Working Period:                              / Working Period:
     2024                                          2024                                           2024



INFORMASI PADA SITUS WEB PERUSAHAAN                                     INFORMATION ON THE COMPANY WEBSITE
Intiland berkomitmen menerapkan transparansi dan akunta-                Intiland is committed to implementing transparency and ac-
bilitas kepada para pemangku kepentingan. Komitmen tersebut             countability to its stakeholders. One of these commitments is re-
salah satunya diwujudkan melalui penyediaan informasi secara            alized through the provision of open information via the website
terbuka melalui situs web www.intiland.com yang dapat diakses           www.intiland.com, which can be accessed in both Indonesian
dalam Bahasa Indonesia dan Inggris. Fasilitas ini merupakan             and English. This facility is the Company’s effort to strengthen re-
upaya Perseroan untuk memperkuat hubungan dengan peme-                  lationships with shareholders, investors, and other stakeholders,
gang saham, investor, dan pemangku kepentingan lain, serta              as well as to build a positive and trusted reputation. The informa-
membangun reputasi yang baik dan terpercaya. Informasi di situs         tion on the website is updated based on factual and current data,
web diperbarui secara faktual dan aktual, meliputi:                     including:


1.    Informasi Perseroan                                               1.    Company Information
      Bagian ini memuat seluruh informasi umum tentang Per-                   The section provides various general information about the
      seroan, mulai dari profil singkat, sejarah Perseroan, visi dan          Company, starting with a brief overview, the Company’s
      misi serta nilai Perseroan, susunan manajemen Perseroan,                history, its vision, mission, and values, the makeup of the
      penghargaan yang diperoleh, struktur organisasi Perseroan,              management team, any honors the Company has earned,
      dan narahubung Perseroan.                                               its organizational structure, and the Company’s contacts.


2.    Pengembangan Properti                                             2.    Property Development
      Informasi mengenai pengembangan properti disajikan                      Information about property development presented on the
      berdasarkan jenis produk maupun fungsinya. Intiland me-                 type of product and its intended uses. Intiland sets up the
      nyiapkan struktur dan navigasi pencarian yang dikelompok-               structure and navigation for search and grouping of various
      kan sesuai berbagai kebutuhan masyarakat, seperti jenis                 community needs, including product kind, location, price,
      produk, lokasi, harga, dan fungsinya. Kami juga menyedia-               and function, In order to assist the public in obtaining more
      kan layanan call center untuk membantu masyarakat untuk                 specific information about the desired real estate items, we
      memperoleh informasi lebih detil tentang produk-produk                  also offer call center services.
      properti yang diinginkan.


3.    Media                                                             3.    Media
      Laman ini menampilkan informasi dalam bentuk siaran pers                This section displays information in press releases and
      maupun foto mengenai perkembangan terbaru yang dilak-                   photos about the latest developments carried out by the
      sanakan oleh Perseroan seperti aksi korporasi, perkembang-              Company, such as corporate actions, updates on ongoing
      an dari proyek-proyek yang dikembangkan, hingga kinerja                 projects, and the Company’s performance. The public and
      Perusahaan. Masyarakat dan para pemangku kepentingan                    stakeholders can follow the Company’s developments and
      dapat mengikuti setiap perkembangan dan aktivitas peru-                 activities through the information available on this page.
      sahaan melalui informasi yang tersedia di laman ini.


                                                                                                                                               94
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     4.   Investor                                                     4.   Investors
          Perusahaan menyediakan laman investor yang menyajikan             The Company provides an investor page that presents vari-
          berbagai informasi serta data terkini yang dibutuhkan oleh        ous up-to-date information and data needed by investors,
          para investor, pemegang saham, maupun manajer invetasi.           shareholders, and investment managers. This page includes
          Laman ini menyajikan laporan manajemen, pergerakan har-           management reports, stock price movements, stock own-
          ga saham, kepemilikan saham, laporan keuangan, laporan            ership, financial statements, annual reports, presentation
          tahunan, materi presentasi, laporan saham dan obligasi,           materials, stock and bond reports, as well as routine reports
          serta laporan rutin yang disampaikan kepada regulator             submitted to regulators as part of transparency and compli-
          sebagai bagian dari keterbukaan dan kepatuhan terhadap            ance with regulations.
          regulasi.


          Laman investor turut menyampaikan informasi lengkap               The investor page also provides complete information re-
          mengenai Rapat Umum Pemegang Saham Tahunan atau                   garding the Annual or Extraordinary General Meeting of
          Luar Biasa, mulai dari tahapan pelaksanaan RUPS hingga            Shareholders, from the stages of the GMS implementation,
          penyampaian risalah hasil RUPS.                                   and submission of the minutes of the GMS.


     5.   Karir                                                        5.   Career
          Informasi mengenai program pengembangan karir di Pe-              The information on career development programs at the
          rusahaan dan beragam aktivitas kekaryawanan disajikan             Company and various employment activities is provided on
          pada laman karir. Pada bagian ini Perseroan turut menyaji-        the careers page. In this section, the Company also provides
          kan informasi mengenai lowongan pekerjaan dan program             information about job vacancies, internship programs, and
          magang.                                                           opportunities to join Intiland.




95                                                                                                                      Praxis
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     Pelatihan dan/atau Pengembangan Dewan Komisaris, Direksi, Komite-Komite,
     Sekretaris Perusahaan, dan Audit Internal
     Training and/or Development for Board of Commissioners, Directors, Committees, Corporate Secretary, and Internal Audit

        Peserta               Nama Kegiatan                                          Jenis       Penyelenggara                        Waktu & Tempat       Durasi         Kapasitas            Investasi
        Participants          Activity                                               Type        Organizer                            Time and Venue     Duration         Capacity           Investment


       Komisaris              PSAK Series: Isu Dalam Penyusunan dan Penyajian        Webinar     Institut Akuntan Publik Indonesia    22 Mei 2024             3,5         Peserta                     0
       Commissioner           Laporan Keuangan Konsolidasian                                     (IAPI)                               Pertemuan Daring                    Participant
                              PSAK Series: Issues in the Preparation and Presenta-               The Indonesian Institute of Certi-   May 22, 2024
                              tion of Consolidated Financial Statements                          fied Public Accountants (IICPA)      Online Meeting


       Komisaris              Pemodelan Keuangan dan Pengabilan Keputusan            Webinar     IAPI                                 27 Juni 2024            3,5         Peserta                     0
       Commissioner           Stratejik Bidang Keuangan                                          IICPA                                Pertemuan Daring                    Participant
                              Financial Modeling and Strategic Decision-Making                                                        June 27, 2024
                              in the Financial Sector                                                                                 Online Meeting


       Komisaris              Pendidikan Profesional Berkelanjutan (PPL) OJK         Pelatihan   IAPI                                 5 Juni 2024             3,5         Peserta                     0
       Commissioner           Sektor Pasar Modal: Manajemen Risiko Dan               Training    IICPA                                June 5, 2024                        Participant
                              Pertimbangan Khusus Dalam Audit Laporan                                                                 Jakarta
                              Keuangan Di Sektor Pasar Modal Dan Pasar Modal
                              Syariah
                              OJK Continuing Professional Education Program
                              (CPE) in the Capital Market Sector: Risk Manage-
                              ment and Special Considerations in Financial State-
                              ment Auditing in the Capital Market and Islamic
                              Capital Market Sectors


       Komisaris              PPL Pendamping PPL Wajib Akuntan Publik PPPK           Pelatihan   IAPI                                 31 Juli 2024            6,5         Peserta                     0
       Commissioner           2024 - Batch 6                                         Training    IICPA                                July 31, 2024                       Participant
                              CPE Mandatory Public Accountant Supervisor PPPK                                                         Jakarta
                              2024

       Komisaris              PPL Wajib Akuntan Publik PPPK 2024 - Batch 5           Pelatihan   Pusat Pembinaan Profesi Keuan-       1 Agustus 2024          6,5         Peserta                     0
       Commissioner           CPE Mandatory for Public Accountants PPPK 2024         Training    gan (PPPK) dan IAPI                  August 1, 2024                      Participant
                              - Batch 5                                                          Finance Professions Supervisory      Jakarta
                                                                                                 Center (FPSC) and IICPA


96
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PT Intiland Development Tbk                                                                                                                                                            Company Profile



  Peserta                     Nama Kegiatan                                         Jenis              Penyelenggara                   Waktu & Tempat           Durasi   Kapasitas              Investasi
  Participants                Activity                                              Type               Organizer                       Time and Venue         Duration   Capacity             Investment


 Komisaris                    Kode Etik Profesi Akuntan Publik 2021: Kode Etik      Webinar            PPPK dan IAPI                   5 September 2024            6,5   Peserta                         0
 Commissioner                 2021. Noclar, Independensi Dalam Perikatan Audit,                        FPSC and IICPA                  Pertemuan Daring                  Participant
                              dan Revisi Terhadap Ketentuan-Ketentuan Kode                                                             September 5, 2024
                              Etik                                                                                                     Online Meeting
                              Code of Ethics for Public Accountants 2021: The
                              2021 Code of Ethics, Noclar, Independence in Audit
                              Engagements, and Revisions to the Provisions of the
                              Code of Ethics


 Komisaris                    Mendalami Perubahan Iklim dan Pasar Karbon:           Webinar            IAPI                            2 Oktober 2024              6,5   Peserta                         0
 Commissioner                 Regulasi, Insentif, dan Strategi Pajak Karbon di                         IICPA                           Pertemuan Daring                  Participant
                              Indonesia                                                                                                October 2, 2024
                              Exploring Climate Change and Carbon Markets:                                                             Online Meeting
                              Regulations, Incentives, and Carbon Tax Strategies
                              in Indonesia


 Komisaris                    PPL OJK Industri Keuangan Non-Bank Workshop           Workshop           IAPI                            15-16 Oktober 2024         13,5   Peserta                         0
 Commissioner                 Implementasi PSAK 117                                                    IICPA                           October 15-16, 2024               Participant
                              OJK CPE Non-Bank Financial Industry Workshop on                                                          Jakarta
                              the Implementation of PSAK 117


 Komisaris                    Program Pengembangan: Perdagangan Karbon,             Forum Diskusi      PT Intiland Development Tbk     29 Oktober 2024              3    Peserta                         0
 Commissioner                 Keuangan Berkelanjutan, dan Pendanaan Hijau           Discussion Forum                                   October 29, 2024                  Participant
                              pada Developer dan Industri Properti                                                                     Star Room, Intiland
                              Development Program: Carbon Trading, Sustain-                                                            Tower Lt. Podium
                              able Finance, dan Green Financing in Developer and
                              Property Industry


 Direktur                     Diskusi Ekonomi Dewan Penasehat Bersama Muh.          Forum Diskusi      KADIN Indonesia                 13 Mei 2024                  3    Peserta                         0
 Director                     Chatib Basri                                          Discussion Forum   Indonesia Chamber of Commerce   May 13, 2024                      Participant
                              Economic Discussion with the Advisory Board,                             and Industry                    Menara Kadin Jakarta
                              featuring Mr. Muh. Chatib Basri




                                                                                                                                                                                                             97
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      Peserta                Nama Kegiatan                                         Jenis              Penyelenggara                       Waktu & Tempat             Durasi    Kapasitas              Investasi
      Participants           Activity                                              Type               Organizer                           Time and Venue           Duration    Capacity             Investment


     Direktur                Sesi Tinjauan Makro                                   Forum Diskusi      Deutsche Bank                       20 Mei 2024                    4     Peserta                       0
     Director                Macro Outlook Session                                 Discussion Forum                                       May 20, 2024                         Participant
                                                                                                                                          The Esquire Meet-
                                                                                                                                          ing Room, Mandarin
                                                                                                                                          Oriental Jakarta


     Direktur                Diskusi Terbatas Dewan Penasehat dengan Guber-        Forum Diskusi      KADIN Indonesia                     25 Juni 2024                   2     Peserta                       0
     Director                nur Bank Indonesia                                    Discussion Forum   Indonesia Chamber of Commerce       June 25, 2024                        Participant
                             Exclusive Discussion of the Advisory Board with the                      and Industry                        Menara Kadin Jakarta
                             Governor of Bank Indonesia


     Direktur                Implementasi Sistem STAR (Star Talent Assessment      Pelatihan          PT Intiland Development Tbk         26 September 2024              2     Peserta                       0
     Director                & Reinforcement)                                      Training                                               September 26, 2024                   Participant
                             Implementation of STAR System                                                                                Intiland Tower Jakarta


     Direktur                Program Pengembangan: Perdagangan Karbon,             Forum Diskusi      PT Intiland Development Tbk         29 Oktober 2024                3     Peserta                       0
     Director                Keuangan Berkelanjutan, dan Pendanaan Hijau           Discussion Forum                                       October 29, 2024                     Participant
                             pada Developer dan Industri Properti                                                                         Intiland Tower Jakarta
                             Development Program: Carbon Trading, Sustain-
                             able Finance, dan Green Financing in Developer and
                             Property Industry


     Direktur                Menavigasi Kekuatan Pasar Global dan Inovasi          Forum Diskusi      PT Kustodian Sentral Efek Indone-   26 November 2024               4     Peserta                       0
     Director                Teknologi untuk Bisnis yang Berkelanjutan             Discussion Forum   sia (KSEI)                          November 26, 2024                    Participant
                             Navigating Global Market Forces and Technology                           Indonesia Central Securities        Raffles Hotel, Jakarta
                             Innovation for Sustainable Business                                      Depository


     Sekretaris Perusahaan   Dialog Capres Bersama Kadin Menuju Indonesia          Forum Diskusi      KADIN Indonesia                     11 Januari 2024                3     Peserta                       0
     Corporate Secretary     Emas 2025                                             Discussion Forum   Indonesia Chamber of Commerce       January 11, 2024                     Participant
                             Presidential Candidate Dialogue with Kadin Towards                       and Industry                        Ballroom Djakarta
                             Indonesia Gold 2025                                                                                          Theater




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PT Intiland Development Tbk                                                                                                                                                                   Company Profile



  Peserta                     Nama Kegiatan                                        Jenis              Penyelenggara                       Waktu & Tempat               Durasi   Kapasitas              Investasi
  Participants                Activity                                             Type               Organizer                           Time and Venue             Duration   Capacity             Investment


 Sekretaris Perusahaan        Reformasi Kelembagaan Pengelola Perkotaan dan        Forum Diskusi      Centre for Strategic and Interna-   15 Januari 2024                  2    Peserta                         0
 Corporate Secretary          Perumahan                                            Discussion Forum   tional Studies                      Gedung Pakarti Center,                Participant
                              Institutional Reform of Urban and Housing Man-                                                              Jakarta
                              agement Authorities                                                                                         January 15, 2024
                                                                                                                                          Pakarti Center Building,
                                                                                                                                          Jakarta


 Sekretaris Perusahaan        Sosialisasi POJK 18 tentang Penerbitan dan Per-      Webinar            Otoritas Jasa Keuangan              16 Januari 2024                  2    Peserta                         0
 Corporate Secretary          syaratan Efek Bersifat Utang dan Sukuk Berlandas-                       Financial Services Authority        January 16, 2024                      Participant
                              kan Keberlanjutan                                                                                           Zoom Meeting
                              Socialization of POJK 18 on the Issuance and Re-
                              quirements of Debt Securities and Sukuk Based on
                              Sustainability


 Sekretaris Perusahaan        Sosialisasi Penjaminan Pemerintah atas Proyek        Diseminasi         Otoritas Ibu Kota Nusantara         18 Januari 2024                  3    Peserta                         0
 Corporate Secretary          KPBU Hunian Unsolicited di Ibu Kota Nusantara        Dissemination      (OIKN)                              PT PII, Gedung Capital                Participant
                              (IKN)                                                                   The Nusantara National Capital      Place, Jakarta
                              Socialization of Government Guarantee for Unsolic-                      Authority (NNCA)                    January 18, 2024 PT PII,
                              ited PPP Housing Projects in the Nusantara Capital                                                          Capital Place Building,
                              City (IKN)                                                                                                  Jakarta


 Sekretaris Perusahaan        Rapat Pembahasan Monitoring Evaluasi Proyek          Diseminasi         OIKN                                23 Januari 2024                  3    Peserta                         0
 Corporate Secretary          KPBU Hunian Unsolicited di Ibu Kota Nusantara        Dissemination      NNCA                                January 23, 2024                      Participant
                              Meeting on the Discussion of Monitoring and Evalu-                                                          Artotel Suites Mangku-
                              ation of Unsolicited PPP Housing Projects in IKN                                                            luhur Gatot Subroto,
                                                                                                                                          Jakarta


 Sekretaris Perusahaan        Introduction To Carbon Accounting                    Webinar            Asosiasi Emten Indonesia (AEI)      23 Januari 2024                  2    Peserta                         0
 Corporate Secretary          Pengenalan Akuntansi Karbon                                             dan Global Reporting Initiative     January 23, 2024                      Participant
                                                                                                      (GRI)                               Zoom Meeting
                                                                                                      Indonesian Public Listed Compa-
                                                                                                      nies Association (AEI) and Global
                                                                                                      Reporting Initiative (GRI)




                                                                                                                                                                                                                    99
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      Profil Perusahaan                                                                                                                                                          Laporan Tahunan | Annual Report 2024



       Peserta                Nama Kegiatan                                          Jenis                 Penyelenggara                       Waktu & Tempat               Durasi     Kapasitas            Investasi
       Participants           Activity                                               Type                  Organizer                           Time and Venue             Duration     Capacity           Investment


      Sekretaris Perusahaan   Persiapan untuk menuju Net Zero                        Forum Diskusi         Badan Pengembangan Kawasan          25 Januari 2024                  3      Moderator                   0
      Corporate Secretary     Preparation for Achieving Net Zero                     Discussion Forum      Properti Terpadu (BPKPT) KADIN      January 25, 2024
                                                                                                           Integrated Property Area Develop-   DBS Tower Jakarta
                                                                                                           ment Agency - KADIN


      Sekretaris Perusahaan   Net Zero Megatrend: Perspektif Pelaku Usaha            Webinar               Bursa Efek Indonesia (BEI)          14 Maret 2024                    2      Peserta                     0
      Corporate Secretary     Net Zero Megatrend: A Business Perspective                                   The Indonesia Stock Exchange        March 14, 2024                          Participant
                                                                                                           (IDX)                               Zoom Meeting


      Sekretaris Perusahaan   Sosialisasi eASY.KSEI                                  Webinar               PT Kustodian Sentral Efek Indone-   18 Maret 2024                    2      Peserta                     0
      Corporate Secretary     Socialization of eASY.KSEI                                                   sia (KSEI)                          March 18, 2024                          Participant
                                                                                                           Indonesia Central Securities        Zoom Meeting
                                                                                                           Depository


      Sekretaris Perusahaan   Diskusi Pembahasan Draft Kajian Pembentukan            Diskusi Kelompok      Centre for Strategic and Interna-   19 Maret 2024                    2      Peserta                     0
      Corporate Secretary     Kementrian Badan Perkotaan dan Perumahan               Terpimpin             tional Studies                      Gedung Pakarti Center,                  Participant
                              Discussion on the Draft Study of the Establishment     Focus Group Discus-                                       Jakarta
                              of the Ministry of Urban and Housing Affairs           sion (FGD)                                                March 19, 2024
                                                                                                                                               Pakarti Center Building,
                                                                                                                                               Jakarta


      Sekretaris Perusahaan   Membangun Kepatuhan Hukum dalam Praktik                Webinar               AEI dan Hukum Online                19 Maret 2024                    2      Peserta                     0
      Corporate Secretary     Environment, Social, Governance (ESG)                                        AEI and Hukum Online                March 19, 2024                          Participant
                              Building Legal Compliance in Environment, Social,                                                                Zoom Meeting
                              and Governance (ESG) Practices


      Sekretaris Perusahaan   Briefing Final Kajian Pembentukan Kementrian           FGD                   Asosiasi Pengusaha Indonesi         25 Maret 2024                    2      Peserta                     0
      Corporate Secretary     Badan Perumahan, Pembangunan Perkotaan dan                                   (APINDO)                            Apindo Gedung                           Participant
                              Pedesaan                                                                     The Indonesian Employers’ As-       Permata Kuningan,
                              Briefing on the Final Study for the Establishment of                         sociation                           Jakarta
                              the Ministry of Housing, Urban, and Rural Develop-                                                               March 25, 2024
                              ment Affairs                                                                                                     Apindo Building,
                                                                                                                                               Permata Kuningan,
                                                                                                                                               Jakarta




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PT Intiland Development Tbk                                                                                                                                                                Company Profile



  Peserta                     Nama Kegiatan                                          Jenis              Penyelenggara                       Waktu & Tempat          Durasi   Kapasitas              Investasi
  Participants                Activity                                               Type               Organizer                           Time and Venue        Duration   Capacity             Investment


 Sekretaris Perusahaan        Pertemuan Investor                                     Pertemuan Inves-   OIKN                                02 April 2024               5    Peserta                         0
 Corporate Secretary          Investor Gathering                                     tor                NNCA                                April 2, 2024                    Participant
                                                                                     Investor Meet-Up                                       Ballroom The Hotel
                                                                                                                                            Sultan Jakarta


 Sekretaris Perusahaan        Peta Jalan Net Zero                                    FGD                KADIN Indonesia                     04 April 2024               2    Peserta                         0
 Corporate Secretary          Road Map Net Zero                                                         The Indonesia Chamber of Com-       April 4, 2024                    Participant
                                                                                                        merce and Industry                  Zoom Meeting


 Sekretaris Perusahaan        Sosialisasi Implementasi Publikasi Statistik Versi     Webinar            BEI                                 24 April 2024               2    Peserta                         0
 Corporate Secretary          Baru                                                                      IDX                                 April 24, 2024                   Participant
                              Socialization of the Implementation of the New Ver-                                                           Zoom Meeting
                              sion of Statistical Publication


 Sekretaris Perusahaan        Sosialisasi Jaminan Pemerintah Terhadap Proyek         Diseminasi         Kementerian Keuangan                28 Mei 2024                 3    Peserta                         0
 Corporate Secretary          KPBU IKN                                               Dissemination      Ministry of Finance                 May 28, 2024                     Participant
                              Socialization of Government Guarantee for PPP                                                                 The Auditorium RM
                              Projects in IKN                                                                                               Notohamiprojo,
                                                                                                                                            Jakarta.


 Sekretaris Perusahaan        Sosialisasi Peraturan KSEI Nomor VI-D tentang          Diseminasi         PT Kustodian Sentral Efek Indone-   03 Juni 2024                2    Peserta                         0
 Corporate Secretary          Biaya Layanan Jasa Sistem Electronic General           Dissemination      sia (KSEI)                          June 3, 2024                     Participant
                              Meeting System KSEI (eASY.KSEI)                                           Indonesia Central Securities        Zoom Meeting
                              Socialization of KSEI Regulation No. VI-D on Service                      Depository
                              Fees for the KSEI Electronic General Meeting System
                              (eASY.KSEI)


 Sekretaris Perusahaan        Sosialisasi Penghargaan Laporan Tahunan 2023           Diseminasi         BEI                                 05 Juni 2024                2    Peserta                         0
 Corporate Secretary          Socialization of Annual Report Award 2023              Dissemination      IDX                                 Zoom Meeting                     Participant



 Sekretaris Perusahaan        Industri Properti Menuju Net Zero                      FGD                KADIN Indonesia                     06 Juni 2024                3    Moderator                       0
 Corporate Secretary          The Property industry Toward Net Zero                                     Indonesia Chamber of Commerce       June 6, 2024
                                                                                                        and Industry                        Ciputra Artpreneur,
                                                                                                                                            Jakarta




                                                                                                                                                                                                                 101
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      Profil Perusahaan                                                                                                                                                 Laporan Tahunan | Annual Report 2024



       Peserta                Nama Kegiatan                                           Jenis              Penyelenggara                  Waktu & Tempat             Durasi     Kapasitas            Investasi
       Participants           Activity                                                Type               Organizer                      Time and Venue           Duration     Capacity           Investment


      Sekretaris Perusahaan   Musyawarah Anggota Asosiasi Emiten Indonesia            Forum Diskusi      AEI                            10 Juni 2024                   3      Peserta                     0
      Corporate Secretary     (AEI) 2024                                              Discussion Forum                                  June 10, 2024                         Participant
                              2024 Indonesian Issuers Association (AEI) Members                                                         Hotel Indonesia Kemp-
                              Meeting                                                                                                   inski, Jakarta


      Sekretaris Perusahaan   Sosialisasi Peraturan OJK di Pasar Modal                Diseminasi         Otoritas Jasa Keuangan         13-14 Juni 2024                2      Peserta                     0
      Corporate Secretary     Socialization of OJK Regulations in the Capital         Dissemination      Financial Services Authority   June 13-14, 2024                      Participant
                              Market                                                                                                    Zoom Meeting


      Sekretaris Perusahaan   Dengar Pendapat Konsep Peraturan Bursa Nomor            FGD                BEI                            19 Juni 2024                   3      Peserta                     0
      Corporate Secretary     I-P tentang Pencatatan Waran Terstruktur di Bursa                          IDX                            June 19, 2024                         Participant
                              dan II-P tentang Perdagangan Waran Terstruktur                                                            Zoom Meeting
                              di Bursa
                              Hearing on the Draft of Exchange Regulation
                              Number I-P on the Listing of Structured Warrants on
                              the Exchange and II-P on the Trading of Structured
                              Warrants on the Exchange


      Sekretaris Perusahaan   Sosialisasi Fasilitas Insentif Perpajakan dan Kepa-     Diseminasi         OIKN                           20 Juni 2024                   3      Peserta                     0
      Corporate Secretary     bean Untuk Investor dengan Skema KPBU di IKN            Dissemination      NNCA                           June 20, 2024                         Participant
                              Socialization of Tax and Customs Incentive Facilities                                                     Artotel Suites Mangku-
                              for Investors with the PPP Scheme in IKN                                                                  luhur Gatot Subroto,
                                                                                                                                        Jakarta.


      Sekretaris Perusahaan   Forum Urun Rembuk Pengembang Perumahan                  FGD                Satgas Perumahan               24 Juni 2024                   2      Peserta                     0
      Corporate Secretary     Housing Developer Consultation Forum                                       Housing Task Force             June 24, 2024                         Participant
                                                                                                                                        Starroom Intiland
                                                                                                                                        Tower Jakarta


      Sekretaris Perusahaan   Rantai Pasok Berkelanjutan dan Pengadaan Ber-           Webinar            AEI                            25 Juni 2024                   2      Peserta                     0
      Corporate Secretary     tanggung Jawab                                                                                            June 25, 2024                         Participant
                              Sustainable Supply Chain dan Responsible Procure-                                                         Zoom Meeting
                              ment




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PT Intiland Development Tbk                                                                                                                                                                    Company Profile



  Peserta                     Nama Kegiatan                                            Jenis              Penyelenggara                        Waktu & Tempat           Durasi   Kapasitas              Investasi
  Participants                Activity                                                 Type               Organizer                            Time and Venue         Duration   Capacity             Investment


 Sekretaris Perusahaan        Peluncuran The Fashionpreneur                            Forum Diskusi      BTN Prioritas                        27 Juni 2024                 3    Peserta                         0
 Corporate Secretary          The Fashionpreneur Luncheon                              Discussion Forum                                        June 27, 202                      Participant
                                                                                                                                               Elysee SCBD, Jakarta


 Sekretaris Perusahaan        Seri Webinar Bagian II: Mengarahkan Layar Anda           Webinar            BEI                                  27 Juni 2024                 2    Peserta                         0
 Corporate Secretary          pada Ekosistem Perdagangan Karbon Indonesia                                 IDX                                  June 27, 2024                     Participant
                              Webinar Series Part II: Setting Your Sail on the Indo-                                                           Zoom Meeting
                              nesia Carbon Trading Ecosystem


 Sekretaris Perusahaan        Energi Terbarukan dan Industri Hijau                     Webinar            AEI dan Asosiasi Ahli Emisi Karbon   04 Juli 2024                 2    Peserta                         0
 Corporate Secretary          Renewable Energy dan Green Industry                                         Indonesia                            July 4, 2024                      Participant
                                                                                                          AEI and Association of Carbon        Zoom Meeting
                                                                                                          Emission Experts Indonesia (ACEXI)


 Sekretaris Perusahaan        Rapat Koordinasi dan Monev Pelaksanaan                   Forum Diskusi      OIKN                                 05 Juli 2024                10    Peserta                         0
 Corporate Secretary          Pembangunan Infrastruktur dan Utilitas Paket             Discussion Forum   NNCA                                 July 5, 2024                      Participant
                              Pembangunan Swasta dan Lembaga di IKN                                                                            Zoom Meeting
                              Coordination Meeting and Monitoring & Evaluation
                              of Infrastructure and Utilities Development for Pri-
                              vate and Institutional Development Packages in IKN


 Sekretaris Perusahaan        Sosialisasi Perubahan Peraturan Nomor I-X ten-           Diseminasi         BEI                                  18 Juli 2024                 2    Peserta                         0
 Corporate Secretary          tang Penempatan Pencatatan Efek Bersifat Ekuitas         Dissemination      IDX                                  July 18, 2024                     Participant
                              pada Papan Pemantauan Khusus                                                                                     Zoom Meeting
                              Dissemination of the Amendment to Regulation
                              Number I-X, concerning the Placement of Equity
                              Securities on the Special Monitoring Board.


 Sekretaris Perusahaan        Proyek Karbon: Solusi Berbasis Alam untuk Iklim          Webinar            AEI dan ACEXI                        30 Juli 2024                 2    Peserta                         0
 Corporate Secretary          Carbon Project: Nature-based Solution for Climate                           AEI and ACEXI                        July 30, 2024                     Participant
                                                                                                                                               Zoom Meeting


 Sekretaris Perusahaan        Monetisasi CSR melalui SROI (Social Return on            Webinar            AEI                                  31 Juli 2024                 2    Peserta                         0
 Corporate Secretary          Investment)                                                                                                      July 31, 2024                     Participant
                              Monetizing CSR through SROI                                                                                      Zoom Meeting




                                                                                                                                                                                                                     103
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      Profil Perusahaan                                                                                                                                            Laporan Tahunan | Annual Report 2024



       Peserta                Nama Kegiatan                                       Jenis       Penyelenggara                        Waktu & Tempat             Durasi     Kapasitas            Investasi
       Participants           Activity                                            Type        Organizer                            Time and Venue           Duration     Capacity           Investment


      Sekretaris Perusahaan   Panduan Lengkap untuk Keunggulan Laporan            Webinar     AEI dan Lembaga Manajemen,           09 Agustus 2024                2      Peserta                     0
      Corporate Secretary     Tahunan Terintegrasi                                            Keuangan, dan Akuntansi (LMKA)       August 9, 2024                        Participant
                              Comprehensive Guide to Integrated Annual Report                 AEI and Accounting and Financial     Zoom Meeting
                              excellence                                                      Management


      Sekretaris Perusahaan   Star Talent Assessment & Reinforcement              Pelatihan   PT Intiland Development Tbk          15 Agustus 2024                2      Peserta                     0
      Corporate Secretary                                                         Training                                         August 15, 2024                       Participant
                                                                                                                                   Boardroom Intiland
                                                                                                                                   Tower, Jakarta


      Sekretaris Perusahaan   Dampak SDGs: Memaksimalkan Kontribusi untuk         Webinar     AEI                                  27 Agustus 2024                2      Peserta                     0
      Corporate Secretary     Mencapai SDGs                                                                                        August 27, 2024                       Participant
                              SDGs Impact: Maximizing Contribution To Achieving                                                    Zoom Meeting
                              SDGs


      Sekretaris Perusahaan   Meningkatkan Transparansi & Kepercayaan: Assur-     Webinar     AEI                                  28 Agustus 2024                2      Peserta                     0
      Corporate Secretary     ance untuk Laporan Keberlanjutan                                                                     August 28, 2024                       Participant
                              Enhancing Transparency & Trust: Assurance for                                                        Zoom Meeting
                              Sustainability Report


      Sekretaris Perusahaan   Penyegaran POJK bagi Emiten Perusahaan Publik       Webinar     AEI dan OJK                          10 September 2024              2      Peserta                     0
      Corporate Secretary     Series 1: POJK terkait Laporan Berkala                          AEI and Financial Services Author-   September 10, 2024                    Participant
                              POJK Refreshment for Public Listed Company Series               ity                                  Zoom Meeting
                              1: POJK Related to Periodic Reports


      Sekretaris Perusahaan   Minat Investor Asing di IKN                         FGD         KADIN Indonesia                      17 September 2024              2      Peserta                     0
      Corporate Secretary     Foreign Investor Interest in IKN                                Indonesia Chamber of Commerce        September 17, 2024                    Participant
                                                                                              and Industry                         Menara Kadin Indone-
                                                                                                                                   sia, Jakarta


      Sekretaris Perusahaan   Prospek Ekonomi Indonesia                           Seminar     Apindo & Bank Dunia                  20 September 2024              3      Peserta                     0
      Corporate Secretary     Indonesian Economic Outlook                                     Apindo and World Bank                Ruang Serbaguna                       Participant
                                                                                                                                   APINDO, Jakarta
                                                                                                                                   September 20, 2024
                                                                                                                                   Function room, Apindo,
                                                                                                                                   Jakarta


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PT Intiland Development Tbk                                                                                                                                                                     Company Profile



  Peserta                     Nama Kegiatan                                          Jenis              Penyelenggara                        Waktu & Tempat              Durasi   Kapasitas              Investasi
  Participants                Activity                                               Type               Organizer                            Time and Venue            Duration   Capacity             Investment


 Sekretaris Perusahaan        Penghargaan Syariah Terbaik 2024                       Penghargaan        Investortrust.id                     25 September 2024               3    Peserta                         0
 Corporate Secretary          Best Sharia Awards 2024                                Awards                                                  September 25, 2024                   Participant
                                                                                                                                             Hotel The Sultan,
                                                                                                                                             Jakarta.


 Sekretaris Perusahaan        Star Talent Assestment & Reinforcement                 Pelatihan          PT Intiland Development Tbk          26 September 2024               2    Peserta                         0
 Corporate Secretary                                                                 Training                                                September 26, 2024                   Participant
                                                                                                                                             Intiland Tower Jakarta


 Sekretaris Perusahaan        Peran Pelaku Usaha dan Aspek Hukum dalam               Webinar            BEI                                  26 September 2024               2    Peserta                         0
 Corporate Secretary          Pengembangan Proyek Karbon di Indonesia                                   IDX                                  September 26, 2024                   Participant
                              The Role of Business Actors and Legal Aspects in the                                                           Zoom Meeting
                              Development of Carbon Projects in Indonesia


 Sekretaris Perusahaan        Penyegaran POJK bagi Emiten Perusahaan Publik          Webinar            AEI dan OJK                          08 Oktober 2024                 3    Peserta                         0
 Corporate Secretary          Series 2: POJK terkait Keterbukaan Informasi atau                         AEI and Financial Services Author-   October 8, 2024                      Participant
                              Laporan Insidentil                                                        ity                                  Zoom Meeting
                              POJK Refreshment for Public Listed Company Series
                              2: POJK Related to Information Disclosure or Inci-
                              dental Reports


 Sekretaris Perusahaan        BNI-Investor Daily Summit                              Seminar            BNI & Investor Daily                 08-09 Oktober 2024             11    Peserta                         0
 Corporate Secretary                                                                                                                         October 8-9, 2024                    Participant
                                                                                                                                             JCC Jakarta


 Sekretaris Perusahaan        Executive Dialog Propertinomic: Sukseskan Pro-         Forum Diskusi      Real Estat Indonesia                 10 Oktober 2024                 3    Peserta                         0
 Corporate Secretary          gram Pembanguan 3 Juta Rumah                           Discussion Forum   Indonesia Real Estate Association    Hotel Grand Sahid                    Participant
                              Executive Dialog Propertinomic: Succeeding the 3                          (REI)                                Jaya, Jakarta
                              Million Housing Development Program                                                                            October 10, 2024
                                                                                                                                             Grand Sahid Jaya Hotel,
                                                                                                                                             Jakarta


 Sekretaris Perusahaan        Regulasi Pengembangan Perkotaan                        FGD                KADIN Indonesia                      10 Oktober 2024                 2    Peserta                         0
 Corporate Secretary          Urban Development Regulations                                             Indonesia Chamber of Commerce        October 10, 2024                     Participant
                                                                                                        and Industry                         DBS Tower Jakarta




                                                                                                                                                                                                                      105
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      Profil Perusahaan                                                                                                                                              Laporan Tahunan | Annual Report 2024



       Peserta                Nama Kegiatan                                          Jenis           Penyelenggara                   Waktu & Tempat             Durasi       Kapasitas          Investasi
       Participants           Activity                                               Type            Organizer                       Time and Venue           Duration       Capacity         Investment


      Sekretaris Perusahaan   Era Pajak Baru 2025: Sinergi dalam Penyederha-         Seminar         Sinergi Dinamis Konsutindo      15 Oktober 2024                8        Peserta                   0
      Corporate Secretary     naan Administrasi Pajak dengan Sistem Pajak Inti                                                       October 15, 2024                        Participant
                              New Tax Era 2025: Synergy in Simplifying Tax Ad-                                                       Shangrilla Hotel
                              ministration with Core Tax System                                                                      Jakarta


      Sekretaris Perusahaan   Konsultasi Publik Rancangan Peraturan Menteri          Diseminasi      KADIN Indonesia                 15 Oktober 2024                3        Peserta                   0
      Corporate Secretary     PUPR tentang PPPSRS dan Pengelolaan Rumah              Dissemination   Indonesia Chamber of Commerce   October 15, 2024                        Participant
                              Susun                                                                  and Industry                    Zoom Meeting
                              Public Consultation on the Draft Ministerial Regula-
                              tion of PUPR regarding PPPSRS and Management
                              of Flats


      Sekretaris Perusahaan   Audiensi Terkait Tarif Pph Final Atas Tanah dan        FGD             Kementerian Keuangan            22 Oktober 2024                2        Peserta                   0
      Corporate Secretary     Bangunan                                                               Ministry of Finance             October 22, 2024                        Participant
                              Audience Regarding Final Income Tax Rates on Land                                                      The Auditorium RM
                              and Buildings                                                                                          Notohamiprojo,
                                                                                                                                     Jakarta


      Sekretaris Perusahaan   Diskusi Program Tiga Juta Rumah                        FGD             Kementerian PUPR                28 Oktober 2024                3        Peserta                   0
      Corporate Secretary     Discussion on the Three Million Houses Program                         Ministry of Public Affairs      Auditorium Kemen-                       Participant
                                                                                                                                     trian PUPR, Jakarta
                                                                                                                                     October 28, 2024
                                                                                                                                     Auditorium of Ministry
                                                                                                                                     of Public Affairs,
                                                                                                                                     Jakarta


      Sekretaris Perusahaan   Memahami Sustainability Assurance “SR Assur-           Webinar         AEI                             29 Oktober 2024                2        Peserta                   0
      Corporate Secretary     ance Berdasarkan Standar AA 1000 & SR Assur-                                                           October 29, 2024                        Participant
                              ance Berdasarkan ISAE 3000                                                                             Zoom Meeting
                              Understanding Sustainability Assurance “SR Assur-
                              ance Based on AA 1000 Standards & SR Assurance
                              Based on ISAE 3000”




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PT Intiland Development Tbk                                                                                                                                                                    Company Profile



  Peserta                     Nama Kegiatan                                             Jenis              Penyelenggara                        Waktu & Tempat          Durasi   Kapasitas              Investasi
  Participants                Activity                                                  Type               Organizer                            Time and Venue        Duration   Capacity             Investment


 Sekretaris Perusahaan        Program Pengembangan: Perdagangan Karbon,                 FGD                PT Intiland Development Tbk          29 Oktober 2024             3    Moderator                       0
 Corporate Secretary          Keuangan Berkelanjutan, dan Pendanaan Hijau                                                                       October 29, 2024
                              Development Program: Carbon Trading, Sustainable                                                                  Starroom Intiland
                              Finance, and Green Financing                                                                                      Tower Jakarta.


 Sekretaris Perusahaan        Rapat Kerja Daerah REI Jakarta                            Seminar            REI                                  07 November 2024            8    Peserta                         0
 Corporate Secretary          Regional Working Meeting of REI Jakarta                                                                           November 7, 2024                 Participant
                                                                                                                                                JS Luwansa Hotel,
                                                                                                                                                Jakarta.


 Sekretaris Perusahaan        Sosialisasi Peraturan Bursa Nomor I-K tentang             Diseminasi         BEI                                  08 November 2024            2    Peserta                         0
 Corporate Secretary          Pencatatan Efek Beragun Aset Berbentuk Kontrak            Dissemination      IDX                                  November 8, 2024                 Participant
                              Investasi Kolektif                                                                                                Zoom Meeting
                              Socialization of Exchange Regulation Number I-K on
                              the Listing of Asset-Backed Securities in the Form of
                              Collective Investment Contracts


 Sekretaris Perusahaan        Forum Dewan Tata Kelola: Pelaporan Iklim dalam            Forum Diskusi      KPMG                                 14 November 2024            2    Peserta                         0
 Corporate Secretary          Laporan Keuangan                                          Discussion Forum                                        November 14, 2024                Participant
                              Board Governance Forum: Climate reporting in the                                                                  Mori Tower Jakarta
                              financial statements


 Sekretaris Perusahaan        Penyegaran POJK bagi Emiten Perusahaan Publik             Webinar            AEI dan OJK                          14 November 2024            2    Peserta                         0
 Corporate Secretary          Series 2: POJK terkait Akuntan Publik dan/atau                               AEI and Financial Services Author-   November 14, 2024                Participant
                              Kantor Akuntan Publik                                                        ity                                  Zoom Meeting
                              POJK Refreshment for Public Listed Company Series
                              2: POJK Related to Public Accountants and/or Public
                              Accounting Firms


 Sekretaris Perusahaan        Sosialisasi Fasilitas Perpajakan Investor Pelopor         Diseminasi         OIKN                                 15 November 2024            2    Peserta                         0
 Corporate Secretary          Socialization of Tax Facilities for Initiator Investors   Dissemination      NNCA                                 Hotel Maia Jakarta               Participant
                                                                                                                                                November 15, 2024
                                                                                                                                                Maia Hotel, Jakarta




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       Peserta                Nama Kegiatan                                         Jenis        Penyelenggara                   Waktu & Tempat              Durasi       Kapasitas          Investasi
       Participants           Activity                                              Type         Organizer                       Time and Venue            Duration       Capacity         Investment


      Sekretaris Perusahaan   CEO Networking: Menavigasi Kekuatan Pasar             Seminar      OJK                             26 November 2024                4        Peserta                   0
      Corporate Secretary     Global dan Inovasi Teknologi untuk Bisnis yang                     Financial Services Authority    November 26, 2024                        Participant
                              Berkelanjutan                                                                                      Raffles Hotel Jakarta
                              CEO Networking: Navigating Global Market Forces
                              and Technology Innovation for Sustanable Business


      Sekretaris Perusahaan   Pertemuan Risiko & Tata Kelola 2024                   Seminar      OJK                             26 November 2024                7        Peserta                   0
      Corporate Secretary     Risk & Governance Summit 2024                                      Financial Services Authority    Hotel Intercontinental                   Participant
                                                                                                                                 Pondok Indah, Jakarta
                                                                                                                                 November 27, 2024
                                                                                                                                 Intercontinental Hotel,
                                                                                                                                 Pondok Indah, Jakarta


      Sekretaris Perusahaan   Rapat Pimpinan Nasional Kadin Indonesia               Konferensi   KADIN Indonesia                 29 November 2024                8        Peserta                   0
      Corporate Secretary     National Leadership Meeting of Kadin Indonesia        Conference   Indonesia Chamber of Commerce   Hotel Borobudur,                         Participant
                                                                                                 and Industry                    Jakarta
                                                                                                                                 November 27, 2024
                                                                                                                                 Borobudur Hotel,
                                                                                                                                 Jakarta


      Sekretaris Perusahaan   Menavigasi PMK 172: Memperkuat Kepatuhan dan          Webinar      AEI                             10 Desember 2024                2        Peserta                   0
      Corporate Secretary     Praktik Bisnis yang Adil dalam Penetapan Harga                                                     December 10, 2024                        Participant
                              Transfer untuk Perusahaan Terdaftar                                                                Zoom Meeting
                              Navigating PMK 172: Strengthening Compliance
                              and Fair Business Practices in Transfer Pricing for
                              Listed Companies


      Sekretaris Perusahaan   Potensi Pertumbuhan Tanpa Batas                       FGD          Bank Maspion                    12 Desember 2024                3        Peserta                   0
      Corporate Secretary     Limitless Growth Potential                                                                         December 10, 2024                        Participant
                                                                                                                                 The St. Regis Jakarta


      Sekretaris Perusahaan   Sinergi Emiten Dalam Membangun Pertumbuhan            Seminar      AEI                             13 Desember 2024                3        Peserta                   0
      Corporate Secretary     Ekonomi Berkelanjutan                                                                              December 13, 2024                        Participant
                              Synergy of Issuers in Building Sustainable Economic                                                BEI Tower, Jakarta
                              Growth




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                              Analisis dan
                              Pembahasan
                              Manajemen
                              Management Discussion
                                  and Analysis




         Regatta                                                          109
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      TINJAUAN BISNIS                                                      BUSINESS OUTLOOK
      Dasar yang digunakan dalam melakukan analisis dan pemba-             In preparing this analysis and management discussion, the ba-
      hasan manajemen ini adalah informasi dari Laporan Keuangan           sis used by the Company is information from the Consolidated
      Konsolidasian PT Intiland Development Tbk dan Entitas Anak un-       Financial Statements of PT Intiland Development Tbk and Sub-
      tuk periode 31 Desember 2024 dan 2023 yang telah diaudit oleh        sidiaries for the periods ended 31 December 2024 and 2023 as
      Kantor Akuntan Publik Mirawati Sensi Idris, member indepen-          audited by Public Accounting Firm Mirawati Sensi Idris, an in-
      den dari Moore Global Network Limited dan telah memperoleh           dependent member of Moore Global Network Limited, with the
      pendapat wajar dalam semua hal yang material sesuai dengan           opinion of “fair in all material respects” in accordance with the
      Standar Akuntansi Keuangan di Indonesia.                             Indonesian Financial Accounting Standards.



      TINJAUAN OPERASIONAL                                                 OPERATION OUTLOOK
      Tren industri properti di Indonesia sepanjang tahun 2024 me-         The property industry trend in Indonesia throughout 2024
      nunjukkan perbaikan namun masih menghadapi sejumlah tan-             showed signs of recovery, yet continued to face several signifi-
      tangan berat dari dalam negeri maupun dampak perkemban-              cant challenges, both domestically and due to developments
      gan di luar negeri. Dari luar negeri, ancaman muncul dari tren       abroad. On the international front, threats arose from a slowing
      pertumbuhan ekonomi yang melambat, ketegangan geopolitik,            global economic growth trend, geopolitical tensions, the ongo-
      dampak perang dagang antara Amerika dan China, serta anca-           ing trade war between the United States and China, as well as re-
      man resesi yang terjadi di banyak negara Eropa membawa pen-          cession risks occurring in many European countries—all of which
      garuh terhadap stabilitas perekonomian global.                       affected global economic stability.


      Di tengah situasi tersebut, pertumbuhan ekonomi Indonesia            Amidst these conditions, Indonesia’s economic growth managed
      berhasil mencatatkan kinerja cukup baik dengan fundamental           to record a fairly solid performance in 2024, supported by strong
      yang kokoh di tahun 2024. Dengan tingkat pertumbuan ekonomi          fundamentals. With an economic growth rate reaching 5.03%,
      yang mencapai 5,03%, menempatkan Indonesia sebagai dalam             Indonesia ranked among the countries with the highest econo-
      kelompok negara dengan pertumbuhan ekonomi tertinggi di              mic growth in the world. This growth was supported by several
      dunia. Pertumbuhan tersebut ditopang oleh sejumlah faktor se-        factors, including strong domestic demand, low inflation, and
      perti permintaan domestik yang kuat, inflasi yang rendah, serta      stable banking interest rates.
      stabilitas tingkat bunga perbankan.


      Hasil Survei Harga Properti Residensial Bank Indonesia mengindi-     The Residential Property Price Survey conducted by Bank Indo-
      kasikan harga properti residensial di pasar primer triwulan IV       nesia indicated that residential property prices in the primary
      2024 tumbuh terbatas. Tren tersebut tercermin dari Indeks Har-       market grew at a limited pace in the fourth quarter of 2024. This
      ga Properti Residensial yang tumbuh 1,39% (yoy), sedikit lebih       trend was reflected in the Residential Property Price Index, which
      rendah dari triwulan III 2024 1,46% (yoy). Dari sisi penjualan,      grew by 1.39% year-on-year (yoy), slightly lower than the 1.46%
      hasil survei mengindikasikan penjualan properti residensial di       (yoy) growth recorded in the third quarter of 2024. On the sales
      pasar primer pada triwulan IV 2024 menurun, terutama rumah           side, the survey indicated that residential property sales in the
      tipe kecil dan menengah, di tengah peningkatan penjualan ru-         primary market declined in the fourth quarter of 2024, particu-
      mah tipe besar. Sementara dari sisi pembiayaan diketahui bahwa       larly for small and medium-sized houses, despite an increase in
      sumber utama pendanaan untuk pembangunan properti re-                sales of large-sized houses. In terms of financing, it was found
      sidensial masih berasal dari dana internal pengembang, dengan        that the main source of funding for residential property deve-
      pangsa mencapai 74,38%.                                              lopment continued to come from developers’ internal funds, ac-
                                                                           counting for a 74.38% share.


      Perseroan mencermati sepanjang tahun 2024 industri properti          Throughout 2024, the Company observed that the national
      nasional masih menghadapi banyak tantangan yang disebabkan           property industry remained challenged by changing consumer
      oleh perubahan sikap dan minat beli konsumen, penurunan daya         attitudes and purchasing interest, declining purchasing power,
      beli, serta dampak dari ketidakpastian politik. Situasi ini mempe-   and the impacts of political uncertainty. These factors affected
      ngaruhi minat beli dan investasi konsumen yang memberikan            consumer buying interest and investment decisions, signaling
      sinyalemen terjadinya perlambatan di pasar properti. Segmen          a slowdown in the property market. The housing and industrial
      pengembangan perumahan dan kawasan industri masih me-                estate segments continued to show positive growth trends. In
      nunjukan tren pertumbuhan positif. Sebaliknya pada segmen            contrast, the high-rise property segment—particularly apart-
      properti highrise, terutama apartemen dan perkantoran strata         ments and strata-title offices—remained relatively weak. Market
      cenderung masih lemah. Preferensi pasar terhadap kebutuhan           preferences for housing needs increasingly converged on landed
      hunian mengerucut pada produk rumah tapak yang pertumbu-             housing products, with growth largely driven by end users.
      hannya sebagian besar didorong oleh para pembeli akhir.


      Dinamika sektor properti di dalam negeri juga dipengaruhi oleh       The dynamics of the domestic property sector were also influ-
      berbagai faktor seperti kebijakan pemerintah, tingkat bunga, ur-     enced by various factors such as government policies, interest
      banisasi, dan perubahan preferensi konsumen. Kebijakan Pemer-        rates, urbanization, and shifting consumer preferences. The Go-
      intah untuk memperpanjang insentif perpajakan berupa pem-            vernment’s policy to extend tax incentives in the form of 100%


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PT Intiland Development Tbk                                                                     Management Discussion and Analysis


bebasan PPN Ditanggung Pemerintah (PPN DTP) 100% hingga             VAT exemption borne by the Government (PPN DTP) until the end
akhir tahun 2024 menciptakan sinyalemen positif. Insentif ini       of 2024 sent a positive signal. This incentive helped boost pro-
membantu mendorong permintaan pembelian properti, teru-             perty purchase demand, particularly among young families and
tama di kalangan keluarga muda dan pembeli rumah pertama            first-home buyers.
(first-home buyers).


Momentum perpanjangan insentif mendorong Perseroan untuk            The momentum from the extended incentives encouraged the
lebih agresif dalam menarik pembeli melalui program promosi         Company to adopt a more aggressive approach in attracting
serta menawarkan produk properti yang sesuai dengan preferen-       buyers through promotional programs and offering property
si pasar. Perseroan mencermati tingkat urbanisasi yang tinggi di    products aligned with market preferences. The Company also
kota-kota besar seperti Jakarta dan Surabaya juga meningkatkan      observed that high urbanization rates in major cities such as Ja-
permintaan hunian, terutama hunian yang berlokasi dekat akses       karta and Surabaya increased housing demand, particularly for
transportasi publik.                                                residences located near public transportation access.


Di tengah dinamika dan tantangan yang ada, Perseroan beradap-       Amidst these dynamics and challenges, the Company quickly
tasi dengan cepat dan mencari strategi inovatif sebagai solusi      adapted and sought innovative strategies as solutions to seize
untuk memanfaatkan setiap peluang pertumbuhan. Perseroan            every growth opportunity. The Company focused its strategy on
menfokuskan strategi pada peningkatan penjualan unit-unit stok      increasing sales of ready-to-use stock units and industrial estate
siap pakai dan lahan-lahan kawasan industri, termasuk meman-        land, including leveraging government property purchase incen-
faatkan insentif pembelian properti dari pemerintah. Program        tives. The PPN DTP program, which ran from January 1 to Decem-
PPN DTP yang berlangsung dari 1 Januari hingga 31 Desember          ber 31, 2024, proved to have a positive impact on sales. The Com-
2024 terbukti memberikan dampak yang baik bagi penjualan.           pany recorded sales of 331 units under this incentive program,
Perseroan mencatat jumlah penjualan yang memanfaatkan in-           with a total transaction value of IDR 383.8 billion, contributing
sentif ini mencapai 331 unit dengan total nilai transaksi Rp383,8   23% of the Company’s 2024 marketing sales.
miliar atau menyumbang 23% dari marketing sales tahun 2024.


Selain penguatan kinerja penjualan, Perseroan juga tetap men-       In addition to strengthening sales performance, the Company
jalankan strategi pertumbuhan melalui pengembangan properti         also continued its growth strategy through the development of
baru, khususnya di proyek-proyek yang sudah berjalan. Strategi      new properties, particularly in ongoing projects. This strategy
ini dijalankan dengan sangat hati-hati serta mempertimbangkan       was implemented with great caution, taking into account risk as-
aspek risiko dan daya serap pasar. Beberapa proyek perumahan        pects and market absorption capacity. Several housing projects
yang disiapkan Perseroan antara lain Sakha Semanan dan Sere-        prepared by the Company included Sakha Semanan and Sere-
nia Estate di Jakarta serta Tierra Residence, dan Tierra Soho Av-   nia Estate in Jakarta, as well as Tierra Residence and Tierra Soho
enue di Surabaya. Dengan kombinasi strategi ini, Perseroan terus    Avenue in Surabaya. Through this combination of strategies, the
memperkuat posisinya di industri properti, memastikan pertum-       Company continues to strengthen its position in the property
buhan yang berkelanjutan, serta menghadirkan produk yang            industry, ensure sustainable growth, and deliver products that
sesuai dengan kebutuhan dan tren pasar.                             meet market needs and trends.

TINJAUAN SEGMEN USAHA                                               BUSINESS SEGMENT OVERVIEW
Intiland memiliki fokus pada empat segmen pengembangan              Intiland focuses on four properties segments, including (1)
properti, meliputi: (1) mixed-use & high-rise, (2) kawasan peru-    mixed-use & high-rise, (2) landed residential, (3) industrial es-
mahan, (3) kawasan industri, dan (4) properti investasi. Keempat    tates, and (4) investment properties. These four property devel-
segmen pengembangan properti ini menjadi sumber pendapa-            opment segments are the main sources of the Company’s rev-
tan usaha utama yang meliputi pendapatan dari pengembangan          enue, including development income and recurring income. The
dan pendapatan berkelanjutan. Diversifikasi segmen pengem-          diversification of these development segments provides advan-
bangan ini memberikan keuntungan dan nilai tambah bagi Pers-        tages and added value to the Company, serving as a strategy for
eroan serta sebagai strategi untuk pengelolaan risiko. Tidak ada    risk management. No single development segment significantly
satu segmen pengembangan yang kontribusinya sangat men-             dominates the Company’s sales and revenue contributions.
dominasi terhadap penjualan dan pendapatan usaha Perseroan.


MIXED-USED & HIGH RISE                                              MIXED-USED & HIGH RISE
Mixed-use & high-rise merupakan pengembangan kawasan ter-           Mixed-use & high-rise is an integrated development that can
padu yang dapat terdiri dari beberapa jenis properti antara lain    consist of various types of properties, including apartments,
apartemen, perkantoran, ritel, dan hotel. Segmen ini merupakan      offices, retail, and hotels. This segment is one of the main focuses
salah satu fokus utama pengembangan Perseroan melalui se-           of the Company’s development through several projects located
jumlah proyek yang berlokasi di Jakarta, Tangerang, dan Sura-       in Jakarta, Tangerang, and Surabaya. In 2024, the Company has
baya. Di tahun 2024, Perseroan memiliki sebanyak 13 proyek          a total of 13 development projects. The projects in Jakarta and
pengembangan. Pengembangan proyek di wilayah Jakarta dan            Tangerang include South Quarter, SQ Rés, Fifty Seven Promenade,
Tangerang meliputi South Quarter, SQ Rés, Fifty Seven Promena-      1Park Avenue, Regatta, and Aeropolis. In Surabaya, the Company




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      de, 1Park Avenue, Regatta, serta Aeropolis. Di Surabaya, Persero-   is developing Spazio, Spazio Tower, Praxis, Sumatra36, Graha
      an mengembangkan Spazio, Spazio Tower, Praxis, Sumatra36,           Golf, The Rosebay, and Tierra.
      Graha Golf, The Rosebay, dan Tierra.


      PROSES PRODUKSI                                                     PRODUCTION PROCESS
      Proses produksi untuk pengembangan proyek-proyek mixed-use          The production process for the development of mixed-use &
      & high-rise dimulai dari tahapan studi kelayakan proyek. Per-       high-rise projects starts from the project feasibility study phase.
      seroan akan melakukan kajian dari berbagai aspek untuk me-          The Company will conduct an analysis of various aspects to en-
      mastikan bahwa proyek-proyek yang akan dikembangkan layak           sure that the projects are feasible to be developed. After such in-
      untuk dibangun. Setelah melalui kajian secara mendalam maka         depth study, the Company starts the process of purchasing the
      Perseroan memulai untuk melakukan pembelian lahan di area           land bank in a strategic area for the development according to
      yang strategis untuk dapat dikembangkan sesuai dengan studi         the completed study.
      yang telah dilakukan.


      Pada tahap berikutnya, Perseroan akan menunjuk konsultan dan        In the next phase, the Company appoints consultants and con-
      kontraktor untuk dapat membantu memberikan masukan terha-           tractors to provide input to the technical plan for the develop-
      dap rencana teknis pengembangan proyek. Secara paralel maka         ment of the project. In parallel, the Company will start process-
      Perseroan akan memproses perijinan yang dibutuhkan untuk da-        ing the required permit for building the project. After the design
      pat memulai pembangunan proyek. Setelah adanya kesiapan de-         and the permit are ready, the Company will commence the pro-
      sain dan perijinan, maka Perseroan akan mulai memasarkan dan        ject marketing and construction. Once the construction process
      melaksanakan pembangunan proyek. Ketika proses pembangu-            is completed, the Company will proceed by handing the unit over
      nan telah selesai maka Perseroan akan melakukan serah terima        to the buyers.
      unit bangunan yang telah dijual tersebut kepada pembeli.

      Setelah dilakukan serah terima kepada pembeli, Perseroan masih      After the handover to the buyers, the Company will continue
      melanjutkan pada proses berikutnya yaitu melaksanakan tata          its next process, i.e. property management which includes the
      kelola properti termasuk serah terima fasilitas umum dan sosial     handover of public and social facilities to the government and
      kepada pemerintah dan melaksanakan pengelolaan lingkungan           the environment management that finally will be handed over
      yang nantinya juga akan diserahterimakan kepada warga.              to the residents.


      PEMASARAN DAN PENJUALAN                                             MARKETING AND SALES
      Untuk menopang pencapaian kinerja penjualan, Perseroan              To support the achievement of sales performance, the Company
      merumuskan strategi pemasaran, baik secara korporat mau-            formulates marketing strategies, both corporate-wide and for
      pun untuk masing-masing proyek. Sering kali Perseroan dibantu       each projects. The Company is often assisted by external parties,
      oleh pihak eksternal seperti konsultan dalam menyusun strategi      such as consultants, in formulating and executing marketing
      maupun dalam pelaksanaan strategi pemasaran dan aktivitas           strategies and sales activities, including design, advertising, pro-
      penjualan, seperti desain, iklan, materi promosi, produksi, hing-   motional materials, production, and the organization of market-
      ga penyelenggaraan kegiatan pemasaran. Perseroan juga pro-          ing events. The Company is also proactive in conducting market-
      aktif dalam melakukan aktivitas pemasaran melalui kanal-kanal       ing activities through digital communication channels, such as
      komunikasi digital, seperti pemanfaatan media sosial dan situs      utilizing social media and websites.
      web.


      Di tahun 2024, penjualan di segmen pengembangan mixed-use           In 2024, the mixed-use & high-rise development segment re-
      & high-rise mencatatkan marketing sales sebesar Rp193,2 miliar,     corded marketing sales of Rp193.2 billion, achieving 46% of the
      atau tercapai 46% dari target sebesar Rp418,8 miliar. Segmen ini    target of Rp418.8 billion. This segment contributed 12% of the
      memberikan kontribusi sebesar 12% dari total marketing sales        Company’s total marketing sales in 2024. Compared to the 2023
      Perseroan tahun 2024. Dibandingkan perolehan tahun 2023             achievement of Rp161.8 billion, the marketing sales in 2024
      sebesar Rp161,8 miliar, pencapaian marketing sales tahun 2024       increased by 19.4%. The largest contribution still comes from
      meningkat sebesar 19,4%. Kontribusi terbesar masih berasal dari     apartment sales in Jakarta, namely Regatta, SQ Rés, Aeropolis,
      penjualan proyek-proyek apartemen di Jakarta yakni Regatta, SQ      1Park Avenue, as well as office buildings like Spazio and The Rose-
      Rés, Aeropolis, 1Park Avenue, serta gedung perkantoran Spazio       bay apartments in Surabaya.
      dan apartemen The Rosebay di Surabaya.


      Perseroan mencermati bahwa pasar mixed-use & high-rise, khu-        The Company observes that the mixed-use & high-rise market,
      susnya apartemen di Jakarta dan Surabaya masih menunjukkan          particularly apartments in Jakarta and Surabaya, is still showing
      tren yang stagnan. Permintaan cenderung datang dari pengguna        a stagnant trend. Demand tends to come from end users, with
      akhir (end users) dengan proses pengambilan keputusan yang          decision-making processes that take time. Government policies
      berlangsung lambat. Kebijakan Pemerintah terkait fleksibilitas      related to flexibility in property ownership by Foreign Nationals
      kepemilikkan properti oleh Warga Negara Asing (WNA) juga be-        (WNA) have not yet had a significant impact on increasing sales
      lum memberikan dampak signifikan terhadap peningkatan pen-          in this segment.
      jualan di segmen ini.


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Dari kinerja keuangan tahun 2024, segmen pengembangan                   From the 2024 financial performance, the mixed-use & high-rise
mixed use & high rise membukukan pendapatan usaha sebesar               development segment recorded revenue of Rp371.7 billion, a
Rp371,7 miliar atau menurun 82% dibandingkan perolehan ta-              decrease of 82% compared to the 2023 achievement of Rp2.03
hun 2023 sebesar Rp2,03 triliun. Kontribusi terbesar berasal dari       trillion. The largest contribution came from the recognition of
pengakuan penjualan unit-unit apartemen SQ Rés, Fifty Seven             sales of apartment units from SQ Rés, Fifty Seven Promenade,
Promenade, Regatta, dan Aeropolis Residence yang telah me-              Regatta, and Aeropolis Residences, which have been handed over
lakukan serah terima ke konsumen.                                       to consumers.


PENGEMBANGAN MASA DEPAN                                                 FUTURE DEVELOPMENT
Selain proyek-proyek yang sedang dikembangkan, Perseroan                In addition to the projects currently under development, the
juga memiliki rencana untuk mengembangkan beberapa proyek               Company also plans to develop several other mixed-use & high-
mixed-use & high-rise lainnya dalam jangka pendek hingga jang-          rise projects in the short to medium term. Some of the planned
ka menengah. Beberapa rencana pengembangan proyek baru,                 new development projects include West One City, located in
antara lain West One City yang berlokasi di Jakarta. Perseroan          Jakarta. The Company will also continue to develop the next
juga masih akan mengembangkan tahap-tahap berikutnya dari               phases of the ongoing mixed-use & high-rise projects, including
proyek-proyek mixed-use & high-rise yang sedang dikembang-              South Quarter and Fifty Seven Promenade in Jakarta, Aeropolis in
kan saat ini, antara lain: South Quarter dan Fifty Seven Prome-         Tangerang, and Tierra in Surabaya.
nade di Jakarta, Aeropolis di Tangerang, dan Tierra di Surabaya.




Kapasitas dan Pengembangan Mixed-Use & High Rise
Capacity and Development of Mixed-Use & High Rise



                                                Fifty Seven Promenade


Deskripsi | Description
Fifty Seven Promenade adalah pengembangan mixed-use & high-rise di CBD Jakarta yang berkonsep waterfront living. Pembangunan
Fifty Seven Promenade terdiri dari dua tahap; Fase 1 terdiri dari dua menara apartemen yang dilengkapi area ritel sebagai fasilitas
pendukung. Fase 2 akan dibangun area komersial berupa gedung perkantoran.
Fifty Seven Promenade is a mixed-use and high-rise development in the CBD of Jakarta, featuring a waterfront living concept. The con-
struction of Fifty Seven Promenade consists of two phases; Phase 1 comprises two apartment towers equipped with retail areas as sup-
porting facilities. Phase 2 will include a commercial area in the form of office buildings.


             Lokasi | Location                           Kepemilikan | Ownership                       Luas Kawasan | Total Area
          Thamrin, Jakarta Pusat                              36,6% | 36.6%                             3,2 hektare | 3.2 hectares
         Thamrin, Central Jakarta


Progres | Progress
84% dari total unit telah diserahterimakan
84% of the total units have been delivered

Kemudahan | Amenities
Dekat dengan stasiun LRT, kereta bandara, stasiun MRT, pusat perbelanjaan (Grand Indonesia dan Plaza Indonesia), kantor kedutaan
besar, hotel bintang 5, berada di Kawasan perkantoran (Menara BCA, BNI, UOB Plaza, BNI 46).
Near ro LRT Station, Airport rail link, MRT Station, Shopping center (Grand Indonesia & Plaza Indonesia), near Embassies, 5-star hotels, of-
fice building area (Menara BCA, BNI, UOB Plaza, BNI 46)




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                                                             South Quarter


      Deskripsi | Description
      South Quarter (SQ) adalah pengembangan mixed-use & high-rise yang rancangannya menerapkan kaidah-kaidah gedung hijau, se-
      hingga menawarkan nilai tambah seperti efisiensi energi dan penghematan biaya operasional. South Quarter terdiri dari tiga gedung
      perkantoran dan area ritel pendukung.
      South Quarter (SQ) is a mixed-use and high-rise development designed in accordance with green building principles, offering added value
      such as energy efficiency and operational cost savings. South Quarter consists of three office buildings and a supporting retail area.


            Kategori | Category                 Lokasi | Location              Kepemilikan | Ownership             Okupansi | Occupancy
        Pengelolaan kantor dan ritel        Cilandak, Jakarta Selatan                 51% | 51%                          93% | 93%
             Offices and retail              Cilandak, South Jakarta


      Kemudahan | Amenities
      Ruang serbaguna, jaringan serat optic, ATM dan bank, pusat kebugaran, kedai kopi, kantin, restoran, supermarket, shuttle bus, stasiun
      MRT Fatmawati dan Lebak Bulus, gerbang tol Pondok Pinang, dekat dengan pusat perbelanjaan (Cilandak Town Square, Pondok Indah
      Mall, One Belpark Mall, Cinere Bellevue), rumah sakit (Mayapada, Siloam), dan sekolah (HighScope Indonesia, Cikal, Singapore Inter-
      national School).
      Function hall, fiber optic network, ATM dan bank, sports center, coffee shop, canteen, restaurants, supermarket, shuttle bus, MRT station
      Fatmawati and Lebak Bulus, Pondok Pinang toll gate, near shopping centers (Cilandak Town Square, Pondok Indah Mall, One Belpark Mall,
      Cinere Bellevue) near hospitals (Mayapada, Siloam), and near schools (HighScope Indonesia, Cikal, Singapore International School).




                                                                    SQ Rés


      Deskripsi | Description
      Apartemen SQ Rés adalah pengembangan terbaru kawasan mixed-use & high-rise terpadu South Quarter. Apartemen SQ Rés dilun-
      curkan untuk memenuhi kebutuhan hunian strategis bagi masyarakat urban yang dinamis. Pengembangan apartemen ini mengusung
      tema “Oasis in the City,” yakni hunian bergaya resort modern yang dilengkapi berbagai fasilitas. SQ Rés terdiri dari dua menara aparte-
      men dengan 700 unit berbagai tipe.
      SQ Rés Apartment is the latest development in the integrated mixed-use & high-rise South Quarter area. SQ Rés was launched to meet
      the demand for strategic housing for dynamic urban communities. This apartment development embraces the theme “Oasis in the City,”
      offering modern resort-style living with various facilities. SQ Rés consists of two apartment towers with 700 units of various types.



                   Lokasi | Location                          Kepemilikan | Ownership                       Luas Kawasan | Total Area
               Cilandak, Jakarta Selatan                             51% | 51%                              1,3 hektare | 1.3 hectares
                Cilandak, South Jakarta


      Progres | Progress
      59% dari total unit telah diserahterimakan
      59% of the total units have been handed over

      Kemudahan | Amenities
      Jaringan serat optik, internet berkecepatan tinggi, koridor terbuka, area ritel, pusat kebugaran, aula, ruang rapat.
      Fiber optic network, high speed internet, open corridors, retail area, gym, auditorium, meeting room.




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                                                        1Park Avenue


Deskripsi | Description
Apartemen 1Park Avenue terdiri dari empat menara apartemen yaitu Royal, Queen, King, dan The Hamilton. Masing-masing menara
memiliki 112 unit dengan luasan mulai dari 115 m2 sampai 149 m2 per unitnya. Konsep 1Park Avenue terinspirasi dari nuansa resort.
Sebanyak 70 persen dari total lahan dialokasikan untuk area penghijauan seperti taman, fitur air, dan untuk fasilitas pendukung.
1Park Avenue Apartments consists of four apartment towers, namely Royal, Queen, King and The Hamilton. Each tower has 112 units with
areas ranging from 115 m2 to 149 m2 per unit. The 1Park Avenue concept is imbued with the charm and feel of a resort. As much as 70
percent of the total land is allocated for green areas such as parks, water features and supporting facilities


             Lokasi | Location                          Kepemilikan | Ownership                       Luas Kawasan | Total Area
        Kebayoran, Jakarta Selatan                            100% | 100%                             2,8 hektare | 2.8 hectares
         Kebayoran, South Jakarta


Progres | Progress
98% dari total unit telah diserahterimakan
98% of the total units have been delivered

Kemudahan | Amenities
Taman bermain anak, ruang sepak bola meja, aula serbaguna, jaringan serat optik, mini market, ruang makan privat, perpustakaan,
kolam renang, salon, pusat bisnis, lintasan lari, gym, lounge, bioskop mini, billiard, area BBQ, steam & sauna, ruang karaoke, dekat
pusat perbelanjaan (Gandaria City, Plaza Senayan, Senayan City, Pondok Indah Mall) dan rumah sakit (Gandaria, Pondok Indah)
Children’s playground, table football, fiber optic network, multi-function hall, mini market, private dining room, library, swimming pool,
salon, business center, jogging track, gym, lounge, mini cinema, billiard, BBQ area, steam&sauna, karaoke room, near to malls (Gandaria
City, Plaza Senayan, Senayan City, Pondok Indah Mall) and hospitals (Gandaria, Pondok Indah)




                                                             Regatta


Deskripsi | Description
Apartemen Regatta berlokasi di tepi laut Pantai Mutiara dengan panorama indah ke Laut Jawa. Pembangunan proyek mixed-use &
high-rise Regatta terdiri dari 4 fase. Fase 1 terdiri dari 4 menara apartemen (Rio, Miami, Monte Carlo, dan Dubai) yang telah rampung
dibangun dan seluruhnya sudah terjual. Adapun fase 2 terdiri dari 3 menara pembangunan (London, New York, dan Shanghai).
Regatta Apartment is located on the seafront of Pantai Mutiara, offering stunning views of the Java Sea. The mixed-use & high-rise Re-
gatta project is being developed in four phases. Phase 1 consists of four apartment towers (Rio, Miami, Monte Carlo, and Dubai), which
have been fully completed and sold out. Meanwhile, Phase 2 includes the construction of three towers (London, New York, and Shanghai).


             Lokasi | Location                          Kepemilikan | Ownership                       Luas Kawasan | Total Area
    Pantai Mutiara, Pluit, Jakarta Utara                       50% | 50%                               11 hektare | 11 hectares
    Pantai Mutiara, Pluit, North Jakarta



Kemudahan | Amenities
Taman bermain anak, ruang serba guna, fasilitas spa, area BBQ, kolam renang, tempat makan, taman, pemandangan laut lepas, lin-
tasan lari di garis pantai, dermaga untuk yacht dan kapal, tempat untuk olah raga air, dekat dengan bandara Soekarno-Hatta.
Childern’s playground, multi-fuction hall, spa facility, BBQ area, swimming pool, restaurant, garden, views of the open sea, jogging track
on the coast, pier for yachts and ships, water sport, near to Soekarno-Hatta airport.




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                                                                    Aeropolis


      Deskripsi | Description
      Aeropolis adalah pengembangan mixed-use yang berlokasi dekat Bandara Internasional Soekarno-Hatta. Dirancang sebagai kota
      bandara, Aeropolis hadir sebagai kawasan terpadu yang menyediakan beragam fungsi untuk hunian, perkantoran, hotel, ritel, dan
      pergudangan.
      Aeropolis is an integrated mixed-use development project located close to the Soekarno–Hatta International Airport, Tangerang. Designed
      as an airport city, hence its name, Aeropolis, it is presented as an integrated area that serves various functions with versatility, from resi-
      dential area, office area, hotel, retail, and warehouse.


                   Lokasi | Location                            Kepemilikan | Ownership                         Luas Kawasan | Total Area
         500 meter dari Bandara Internasional                         100% | 100%                              105 hektare | 105 hectares
             Soekarno – Hatta, Tangerang
          500 meters from Soekarno – Hatta
           International Airport, Tangerang


      Progres | Progress
      90% dari total unit telah terjual
      90% of the total units have been sold

      Kemudahan | Amenities
      Kereta bandara, kereta bandara, jalan tol, pemberhentian bus, tempat makan, mini market, sports club.
      Airport train, airport rail link, highways, shuttle bus, restaurant, mini market, sports club.




                                                                 Spazio Tower

      Deskripsi | Description
      Spazio Tower adalah bagian dari pengembangan mixed-use di kawasan komersial Graha Famili, Surabaya. Spazio Tower adalah gedung
      perkantoran strata title dengan lokasi strategis di kawasan CBD Surabaya Barat sekaligus juga merupakan bagian dari pengembangan
      Graha Festival, sebuah pengembangan superblok terpadu di kawasan Surabaya Barat. Spazio Tower menyediakan beragam fungsi
      meliputi perkantoran, ritel, dan hotel.
      As a development of the mixed-use property located in Graha Famili commercial zone, Spazio Tower has been designed to cater to all your
      work and leisure needs. Spazio Tower is a strata title office building with a strategic location in the West Surabaya CBD area and is part of
      the Graha Festival development, an integrated superblock development in the West Surabaya area. Spazio Tower serves various functions
      including offices, ritail, and hotel.


                   Lokasi | Location                           Kepemilikan | Ownership                         Luas Kawasan | Total Area
             Graha Famili, Surabaya Barat                             100% | 100%                              0,5 hektare | 0.5 hectares
             Graha Famili, West Surabaya


      Progres | Progress
      Total 86% unit kantor terjual
      86% of the office units have been sold

      Kemudahan | Amenities
      Jaringan serat optik, internet berkecepatan tinggi, hotel, koridor terbuka, pujasera, pusat kebugaran, aula, ruang rapat, dekat dengan
      tol Surabaya – Porong, pusat perbelanjaan, dan rumah sakit (National Hospital, Mitra Keluarga).
      Fiber optic network, high speed internet, hotel, open corridors, food court, gym, auditorium, meeting room, near highways Surabaya –
      Porong, near shopping center, near hospitals (National Hospital, Mitra Keluarga).




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                                                                 Praxis


Deskripsi | Description
Praxis adalah pengembangan mixed-use & high-rise yang menggabungkan apartemen, perkantoran, hotel, dan area ritel. Praxis men-
jadi satu kesatuan dengan gedung perkantoran Intiland Tower Surabaya. Konsep integrasi ini menciptakan sebuah kawasan perkan-
toran bisnis terpadu.
Praxis is a mixed-use & high-rise development that combines apartments, offices, a hotel, and a retail area. It is seamlessly integrated with
the Intiland Tower Surabaya office building, creating a fully integrated business district.


              Lokasi | Location                          Kepemilikan | Ownership                        Luas Kawasan | Total Area
      Kawasan Pusat Bisnis Surabaya                            100% | 100%                               1,1 hektare | 1.1 hectares
             Surabaya CBD


Progres | Progress
Total 81% unit apartemen dan 75% unit kantor terjual
81% of the apartment units and 75% of the office units have been sold

Kemudahan | Amenities
Kolam renang, pusat kebugaran, aula sebaguna, area pameran outdoor, ruang rapat, supermarket, dekat dengan stasiun kereta api
Gubeng, pusat perbelanjaan (Tunjungan Plaza, Grand City mall), dan rumah sakit (Siloam, Husada Utama, Dr. Soetomo).
Swimming pool, gym, multi-function hall, outdoor exhibition area, meeting room, supermarket, near Gubeng train station, near shopping
center (Tunjungan Plaza, Grand City mall), near to hospital (Siloam, Husada Utama, Dr. Soetomo).




                                                            Sumatra36


Deskripsi | Description
Sumatra36 adalah apartemen ekslusif yang hanya memiliki 12 lantai dengan total 63 unit. Sebanyak 60 persen dari total luas Aparte-
men Sumatra36 dialokasikan untuk area lanskap dan penghijauan, sehingga menghasilkan suasana yang nyaman untuk penghuni.
Sumatra36 is an exclusive apartment complex with only 12 floors and a total of 63 units. Sixty percent of the total area is dedicated to
landscaping and green spaces, creating a comfortable and serene environment for residents.


              Lokasi | Location                          Kepemilikan | Ownership                        Luas Kawasan | Total Area
      Kawasan Pusat Bisnis Surabaya                            100% | 100%                               0,2 hektare | 0.2 hectares
             Surabaya CBD


Progres | Progress
57% unit telah terjual
57% of units have been sold

Kemudahan | Amenities
Jaringan serat optik, kartu akses lift, layanan pramutamu 24jam, pusat kebugaran, kolam renang, central vacuum cleaner, parkir khu-
sus, private lounge, CCTV dan keamanan 24 jam, dekat dengan Stasiun Gubeng, pusat perbelanjaan (Tunjungan Plaza, Grand City
mall), dan rumah sakit (Siloam, Husada Utama, Dr. Soetomo).
Fiber optic network, access card elevators, 24-hour concierge service, gym, swimming pool, central vacuum cleaner, special parking, pri-
vate lounge, CCTV and 24-hour security, near Gubeng Station, near shopping center (Tunjungan Plaza, Grand City mall), near to hospital
(Siloam, Husada Utama, Dr. Soetomo).




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                                                                 Graha Golf

      Deskripsi | Description
      Graha Golf adalah pengembangan apartemen yang menawarkan suasana pemandangan padang golf di kawasan Golf Graha Famili.
      Kemewahan hunian semakin terasa karena Graha Golf hanya menyediakan empat unit apartemen di setiap lantai, sehingga menjamin
      privasi lebih bagi penghuni.
      The development of Graha Golf Apartment is offering scenic golf course views in the Golf Graha Famili area. The luxury of this residence is
      enhanced by its exclusive design, with only four apartment units per floor, ensuring greater privacy for residents.


                   Lokasi | Location                          Kepemilikan | Ownership                       Luas Kawasan | Total Area
             Graha Famili, Surabaya Barat                           100% | 100%                              2,4 hektare | 2.4 hectares
             Graha Famili, West Surabaya


      Progres | Progress
      Seluruhnya telah terjual
      Sold-out

      Kemudahan | Amenities
      Taman tematik, area BBQ, ruang wine, dek rekreasi, jaringan serat optik, pusat kebugaran, ruang serbaguna, taman bermain anak-
      anak, kolam renang, tol Surabaya – Porong, pusat perbelanjaan (Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), dekat
      rumah sakit (National Hospital, Mitra Keluarga).
      Thematic parks, BBQ area, wine room, recreational deck, fiber optic network, gym, multi-function hall, children’s playgrounds, swimming
      pool, Surabaya – Porong tol road, Shopping Center (Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), near hospitals (Na-
      tional Hospital & Mitra Keluarga).




                                                               The Rosebay

      Deskripsi | Description
      The Rosebay adalah pengembangan low-rise residence di kawasan Graha Famili. Pengembangan ini terdiri dari tujuh blok dengan ket-
      inggian empat hingga delapan lantai. Perbedaan ketinggian ini memberikan pemandangan lanskap yang indah dan menyatu dengan
      lingkungan sekitarnya.
      The Rosebay is a low-rise residence development in Graha Famili area. It consists of seven blocks with varying heights ranging from four to
      eight floors. This variation in height creates a beautiful landscape view that seamlessly blends with the surrounding environment.


                   Lokasi | Location                          Kepemilikan | Ownership                       Luas Kawasan | Total Area
             Graha Famili, Surabaya Barat                            75% | 75%                                 1 hektare | 1 hectare
             Graha Famili, West Surabaya


      Progres | Progress
      86% unit telah diserahterimakan
      86% of units have been handed over

      Kemudahan | Amenities
      Kolam renang, layanan pramutamu 24 jam, lintasan lari, taman bermain, area BBQ, pusat kebugaran, jaringan serat optik, parkir khu-
      sus, layanan housekeeping, layanan cuci, tol Surabaya – Porong, pusat perbelanjaan (Spazio, Loop, Graha Fairground, Pakuwon Mall,
      Lenmarc Mall), dekat rumah sakit (National Hospital, Mitra Keluarga).
      Swimming pool, 24-hour concierge service, jogging track, playground, BBQ area, gym, fiber optic network, private parking, housekeeping
      services, laundry services, Surabaya – Porong tol road, shopping centers (Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall),
      near hospital (national Hospital & Mitra Keluarga).




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                                                                Tierra


Deskripsi | Description
Tierra merupakan sebuah proyek pengembangan mixed-use & high rise terpadu di kota Surabaya. Menempati lahan seluas 7,5 ha,
Tierra menjadi sebuah pengembangan kawasan yang inovatif dan akan menjadi landmark baru di kota Surabaya. Dikembangkan
dalam beberapa tahapan pembangunan, Tierra rencananya meliputi gedung perkantoran, kondominium, apartemen, hotel, ritel dan
komersial, serta pusat gaya hidup modern. Menawarkan konsep gaya hidup perkotaan, Tierra akan menjadi pusat destinasi bagi warga
Surabaya di masa depan.
Tierra is an integrated mixed-use & high rise development project located in Surabaya. Occupying an area of 6.3 ha, Tierra is an innovative
residential development project which will become Surabaya’s latest landmark. Developed in several phases, Tierra will comprise office
building, condominium, apartment towers, hotel, retail and commercial area, as well as modern lifestyle hub. The area offers an urban
lifestyle concept and is designed to be the new Surabaya’s point of destination in the future.


              Lokasi | Location                         Kepemilikan | Ownership                        Luas Kawasan | Total Area
     Darmo Harapan, Surabaya Barat                            100% | 100%                              7,5 hektare | 7.5 hectares
     Darmo Harapan, West Surabaya


Progres | Progress
Tierra SOHO, Tierra SOHO Avenue, Tierra Residence, Loop Tierra
Tierra SOHO, Tierra SOHO Avenue, Tierra Residence, Loop Tierra

Kemudahan | Amenities
Area komersial, keamanan 24 jam, pusat kebugaran, kolam renang, community park, dekat gerbang tol satelit, pusat perbelanjaan
(Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), dekat dengan rumah sakit (National Hospital, Mitra Keluarga), dan
sekolah (Piaget Life Academi, Elyon Christian Secondary School)
Commercial area, 24-hour security, fitness center, swimming pool, community park, close to the satellite toll gate, shopping centers
(Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), close to hospitals (National Hospital, Mitra Keluarga), and schools (Piaget
Life Academy, Elyon Christian Secondary School).




Tinjauan Keuangan Segmen Mixed-Use & High Rise
Financial Overview of Mixed-use & High Rise Segment

Dalam jutaan Rupiah | In millions of Rupiah


Mixed-use dan High-rise                2024          % terhadap             2023         % terhadap      Pertumbuhan           Persentase
                                                     Pendapatan                          Pendapatan             Growth         Percentage
                                                % to the Revenue                    % to the Revenue

Pendapatan | Revenue                371.760                 100%       2.027.851               100%          -1.656.092             -81,67%
Beban Pokok | Cost of Sales         226.466               60,92%         968.240             47,75%            -741.774             -76,61%
Laba Kotor | Gross Profit           145.294               39,08%       1.059.612             52,25%            -914.318             -86,29%




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      KAWASAN PERUMAHAN                                                  LANDED RESIDENTIAL
      Pengembangan kawasan perumahan merupakan segmen ke-                The development of residential estates is a core segment of the
      giatan operasional Perseroan yang terdiri dari pengembangan        Company’s operational activities, encompassing the development
      kawasan perumahan terpadu maupun kawasan perumahan                 of integrated residential areas as well as smaller-scale housing
      dengan skala lebih terbatas, termasuk pengembangan low-rise        projects, including low-rise residential developments. Residential
      residential. Kawasan perumahan telah menjadi salah satu seg-       estate development has been one of the Company’s main busi-
      men pengembangan Perseroan sejak awal berdiri. Perseroan           ness segments since its inception. Currently, the Company is
      saat ini mengembangkan sejumlah proyek kawasan perumahan           developing a number of residential estate projects targeting the
      dengan target pasar konsumen menengah ke atas di sejumlah          upper-middle consumer segment in several locations, including
      lokasi seperti Jakarta, Tangerang, Banten, dan Surabaya. Pengem-   Jakarta, Tangerang, Banten, and Surabaya. This segment contri-
      bangan segmen ini memberikan kontribusi signifikan terhadap        butes significantly to the Company’s overall sales performance.
      kinerja penjualan bagi Perseroan. Pengembangan proyek ka-          The development of residential projects reflects the Company’s
      wasan perumahan menjadi wujud komitmen Perseroan dalam             commitment to delivering high-quality, modern, and green living
      mewujudkan hunian yang berkualitas, modern, dan asri, serta        environments that are well-integrated with comprehensive facili-
      terhubung dengan fasilitas lengkap bagi masyarakat.                ties for the community.


      Pada tahun 2024, Perseroan memiliki 17 portofolio proyek pe-       In 2024, the Company had 17 residential project portfolios in
      rumahan yang sedang proses pengembangan. Portofolio proyek         various stages of development. The residential project portfolios
      perumahan di Jakarta meliputi Serenia Hills, South Grove, Pinang   in Jakarta include Serenia Hills, South Grove, Pinang Residence,
      Residence, 1Park Homes, Virya Semanan, Delima House, Pantai        1Park Homes, Virya Semanan, Delima House, Pantai Mutiara, and
      Mutiara, dan Brezza di Jakarta, serta Talaga Bestari dan Magno-    Brezza. In Tangerang, Banten, the projects include Talaga Bestari
      lia Residence yang berlokasi di Tangerang, Banten. Sementara di    and Magnolia Residence. Meanwhile, in Surabaya, the Company
      Surabaya, Perseroan mengembangkan Graha Famili, Graha Nat-         is developing Graha Famili, Graha Natura, Amesta Living, and
      ura, Amesta Living and Plaza Segi Delapan. Perseroan juga me-      Plaza Segi Delapan. The Company also launched several new resi-
      luncurkan proyek perumahan baru yakni Sakha Semanan yang           dential projects in 2024, namely Sakha Semanan located in West
      berlokasi di Jakarta Barat, Regatta Residence di Pluit, Jakarta    Jakarta, Regatta Residence in Pluit, North Jakarta, and Tierra Resi-
      Utara, dan Tierra Residence di Surabaya.                           dence in Surabaya.



      PROSES PRODUKSI                                                    PRODUCTION PROCESS
      Proses produksi untuk pengembangan proyek-proyek peruma-           The production process for the development of residential pro-
      han dimulai dari tahapan studi kelayakan. Perseroan akan me-       jects begins with feasibility study phase. The Company will
      lakukan kajian dari berbagai aspek untuk memastikan bahwa          conduct assessments from various aspects to ensure that the
      proyek-proyek yang akan dikembangkan memenuhi standar              projects to be developed meet the feasibility standards for devel-
      kelayakan untuk dikembangkan. Setelah melalui kajian secara        opment. After such an in-depth study, the Company continues to
      mendalam maka Perseroan memulai untuk melakukan pem-               purchase the land in the strategic area that will be developed ac-
      belian lahan di area yang strategis untuk dapat dikembangkan       cording to the study that has been done. In the subsequent step,
      sesuai dengan studi yang telah dilakukan. Pada tahap beri-         the Company will appoint consultants to help design the master
      kutnya, Perseroan akan menunjuk konsultan untuk membantu           plan.
      dalam penyusunan masterplan.


      Perseroan secara paralel akan memproses perizinan yang dibu-       The Company will simultaneously process the necessary permits
      tuhkan untuk dapat memulai pembangunan proyek. Setelah             required to begin the project construction. Once the design and
      adanya kesiapan desain dan perizinan, maka Perseroan akan mu-      permits are ready, the Company will start marketing and execu-
      lai memasarkan dan melaksanakan pembangunan proyek. Per-           ting the project’s construction. The Company will start by con-
      seroan akan melakukan proses pembukaan lahan (land clearing),      ducting a land clearing procedure, cut and fill process, and in-
      perataan tanah (cut and fill) serta pembangunan infrastruktur      frastructure development in accordance with the development
      sesuai dengan tahap pengembangan, khususnya atas area yang         steps, especially focusing on those areas that have been sold.
      telah dijual.


      Paralel dengan tahapan tersebut, kontraktor akan memulai pem-      In parallel with these stages, the contractor will begin the con-
      bangunan rumah dengan pengawasan dari Perseroan. Ketika            struction of the houses under the supervision of the Company.
      proses pembangunan infrastruktur dan pembangunan rumah             After the infrastructure and house construction are completed,
      telah selesai maka kontraktor akan menyerahkan kepada Per-         the contractor will hand over the project to the Company for
      seroan untuk melakukan pengecekan kualitas bangunan. Sete-         quality inspection of the buildings. Finally, after all processes are
      lah semua proses selesai maka Perseroan akan melakukan serah       completed, the Company will initiate the handover procedure to
      terima unit rumah yang telah dijual tersebut kepada pembeli.       the buyers.


      Setelah dilakukan serah terima kepada pembeli, Perseroan masih     After the handover to the buyers, the Company will still continue
      melanjutkan pada proses berikutnya yaitu melaksanakan tata         its next process i.e. property management which includes the
      kelola properti termasuk serah terima fasilitas umum dan sosial    handover of public and social facilities to the government and


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PT Intiland Development Tbk                                                                      Management Discussion and Analysis


kepada pemerintah dan melaksanakan pengelolaan lingkungan            the environment management that finally will be handed over
yang nantinya juga akan diserahterimakan kepada warga.               to the residents.



PEMASARAN DAN PENJUALAN                                              MARKETING AND SALES
Perseroan menerapkan strategi dan pola pemasaran yang sama           The Company applies a consistent marketing strategy and ap-
untuk penjualan segmen perumahan. Perseroan merumuskan               proach across all residential segment sales. Marketing strategies
strategi pemasaran, baik secara korporat maupun untuk masing-        are formulated both at the corporate level and for each individual
masing proyek. Sering kali Perseroan dibantu oleh pihak ekster-      project. Frequently, the Company is supported by external par-
nal seperti konsultan dalam menyusun strategi maupun dalam           ties such as consultants in the formulation and execution of mar-
pelaksanaan strategi pemasaran dan aktivitas penjualan, seperti      keting strategies and sales activities, including design, advertis-
desain, iklan, materi promosi, produksi, hingga penyelenggaraan      ing, promotional materials, production, and the organization of
kegiatan pemasaran. Perseroan juga proaktif dalam melakukan          marketing events. The Company is also proactive in conducting
aktivitas pemasaran melalui kanal-kanal komunikasi digital, se-      marketing activities through digital communication channels,
perti pemanfaatan media sosial dan situs web maupun melalui          including the use of social media, websites, and participation in
kegiatan pameran.                                                    exhibitions.


Perolehan marketing sales dari segmen perumahan berasal dari         Marketing sales from the residential segment are generated
hasil penjualan unit-unit rumah tapak maupun produk komersial        through the sale of landed house units as well as commercial
seperti ruko dan SOHO. Pada tahun 2024, segmen pengemba-             products such as shophouses and Small Office Home Offices
ngan perumahan memberikan kontribusi marketing sales sebe-           (SOHO). In 2024, the residential development segment contri-
sar Rp878,9 miliar atau 76% dari target Rp1,16 triliun. Namun        buted marketing sales of Rp878.9 billion, or 76% of the Rp1.16
demikian, pencapaian ini melonjak 95% dibandingkan tahun             trillion target. Nevertheless, this achievement represents a 95%
2023 sebesar Rp450,7 miliar. Kontributor marketing sales terbe-      increase compared to Rp450.7 billion in 2023. The largest con-
sar bersumber dari penjualan area komersial di Graha Famili,         tributors to marketing sales came from the sale of commercial
proyek Amesta Living, 1Park Homes, Talaga Bestari, dan Brezza.       areas in Graha Famili, the Amesta Living project, 1Park Homes,
                                                                     Talaga Bestari, and Brezza.


Pada tahun 2024, segmen pengembangan kawasan perumahan               In 2024, the residential estate development segment recorded
membukukan pendapatan usaha sebesar Rp646,7 miliar, atau             revenue of Rp646.7 billion, representing a 24% decline com-
menurun 24% dibandingkan tahun 2023 sebesar Rp849,3 miliar.          pared to Rp849.3 billion in 2023. The largest contributions came
Kontribusi terbesar berasal dari pengakuan penjualan unit-unit       from revenue recognition of house unit sales in the Serenia Hills
rumah di proyek Serenia Hills dan Virya Semanan yang berlokasi       and Virya Semanan projects located in Jakarta, Talaga Bestari in
di Jakarta, Talaga Bestari di Tangerang, dan Graha Natura di Sura-   Tangerang, and Graha Natura in Surabaya.
baya.



PENGEMBANGAN MASA DEPAN                                              FUTURE DEVELOPMENT
Selain proyek-proyek yang sedang dikembangkan, Perseroan             In addition to the ongoing projects under development, the Com-
telah memiliki rencana jangka panjang untuk mengembangkan            pany also has long-term plans to develop residential projects in
proyek-proyek perumahan di sejumlah wilayah, seperti Jakarta,        several areas, including Jakarta, Tangerang, Banten, Surabaya,
Tangerang, Banten, Surabaya, dan Mojokerto. Perseroan saat ini       and Mojokerto. The Company currently holds a land bank of
memiliki cadangan lahan lebih dari 2.000 hektare yang berlokasi      more than 2,000 hectares located in Jakarta, Tangerang, Banten,
di Jakarta, Tangerang, Banten, serta di Surabaya dan sekitarnya.     as well as Surabaya and its surrounding areas.


Perseroan telah memiliki rencana-rencana pengembangan                The Company has planned residential development projects,
proyek perumahan yang merupakan pengembangan proyek baru             including new projects and the next phases of existing develop-
maupun tahap berikutnya dari proyek-proyek yang saat ini sudah       ments such as Talaga Bestari, Graha Natura, Amesta Living, and
dikembangkan, seperti Talaga Bestari, Graha Natura, Amesta Li-       Maja.
ving, maupun Maja.




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      Kapasitas dan Pengembangan Kawasan Perumahan
      Capacity and Development Of Landed Residential



                                                                Serenia Hills

      Deskripsi | Description
      Serenia Hills adalah pengembangan kawasan perumahan eksklusif seluas 26 hektare di Lebak Bulus, Jakarta Selatan sekaligus Tangerang
      Selatan, di mana kedua area tersebut dipisahkan oleh Sungai Pesanggrahan yang menjadi kawasan konservasi alam. Dikembangkan
      Perseroan sejak tahun 2011, Serenia Hills bertransformasi menjadi kawasan hunian premium yang ideal bagi masyarakat dengan
      mobilitas tinggi, tetapi tetap ingin tinggal di lingkungan kawasan yang asri dan hijau. Serenia Hills dinobatkan sebagai perumahan
      terbaik di Dunia setelah meraih penghargaan World Gold Winners dari Fiabci Prix d’Excellence Awards tahun 2021.
      Serenia Hills is an exclusive residential development area covering 26 hectares in Lebak Bulus, South Jakarta and South Tangerang, two
      areas that are divided by the Pesanggrahan River, a natural conservation area. Developed by the Company since 2011, Serenia Hills has
      transformed into a premium residential area that is ideal for people with high mobility yet still prefer to live in a beautiful and green
      area. Serenia Hills is one of the best landed residential Develoment in the world after receiving the World Gold Winners at the Fiabci Prix
      d’Excellence Awards in 2021.


                    Lokasi | Location                          Kepemilikan | Ownership                        Luas Kawasan | Total Area
             Lebak Bulus, Jakarta Selatan                            100% | 100%                               26 hektare | 26 hectares
              Lebak Bulus, South Jakarta



      Progres | Progress
      82% unit telah diserahterimakan
      82% of units have been handed over

      Kemudahan | Amenities
      Gedung perkumpulan, active park, ruang serbaguna, taman bermain anak, kolam renang, jaringan serat optik, pusat kebugaran, mini
      soccer, keamanan 24 jam, sauna, manajemen properti, dekat dengan stasiun MRT lebak bulus, pintu tol Pondok Pinang, CBD TB Sima-
      tupang, pusat perbelanjaan (SQ Dome, Pondok Indah Mall, Citos), Rumah sakit (Mayapada, Siloam), dekat dengan sekolah (HighScope
      Indonesia, Singapore International School).
      Clubhouse, active park, multipurpose hall, children’s playground, swimming pool, fiber optic network, fitness center, mini soccer field, 24-
      hour security, sauna, property management, close to Lebak Bulus MRT station, Pondok Pinang toll gate, TB Simatupang CBD, shopping
      centers (SQ Dome, Pondok Indah Mall, Citos), hospitals (Mayapada, Siloam), and schools (HighScope Indonesia, Singapore International
      School).




                                                                 South Grove

      Deskripsi | Description
      South Grove adalah pengembangan perumahan mewah dan eksklusif dengan hanya menyediakan 16 unit rumah. Setiap unit diran-
      cang dengan arsitektur modern dan elegan, mengutamakan privasi serta kenyamanan penghuni. Berlokasi di kawasan premium Lebak
      Bulus, Jakarta Selatan, South Grove menawarkan lingkungan yang asri, fasilitas berkualitas, dan akses strategis ke berbagai pusat
      bisnis dan gaya hidup.
      South Grove is a luxurious and exclusive residential development with only 16 house units. Each unit is designed with modern and elegant
      architecture, prioritizing privacy and resident comfort. Located in a premium area, South Grove offers a serene environment, high-quality
      facilities, and strategic access to various business and lifestyle centers.



                   Lokasi | Location                           Kepemilikan | Ownership                       Luas Kawasan | Total Area
             Lebak Bulus, Jakarta Selatan                            100% | 100%                              0,5 hektare |0.5 hectares
              Lebak Bulus, South Jakarta




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Progres | Progress
63% unit terjual
63% of units have been sold

Kemudahan | Amenities
Jaringan serat optik, sistem keamanan 24 jam, jalur transportasi stasiun MRT Lebak Bulus dan gerbang tol Pondok Pinang, berbagai
pusat perbelanjaan dan ritel besar (Pondok Indah Mall, Cinere Bellevue, One Bellpark Mall, dan Cilandak Town Square), dekat dengan
rumah sakit (Mayapada dan Siloam), institusi pendidikan (Highscope Indonesia School dan Singapore International School), pusat
bisnis yang sedang berkembang pesat, TB Simatupang.
Fiber optic network, 24-hour security system, transportation links through the Lebak Bulus MRT Station and Pondok Pinang Toll Road,
various shopping centers and large retail areas (Pondok Indah Mall, Cinere Bellevue, One Bellpark Mall, and Cilandak Town Square), close
proximity to hospitals (Mayapada and Siloam), educational institutions (Highscope Indonesia School and Singapore International School),
and a thriving business complex of TB Simatupang




                                                      Virya Semanan

Deskripsi | Description
Virya Semanan adalah pengembangan perumahan eksklusif di dalam kawasan Taman Semanan Indah. Hadir dengan konsep klaster
privat, Virya Semanan menghadirkan 30 unit rumah berbagai tipe di area lingkungan yang hijau, asri dan nyaman. Mengutamakan
aspek kenyamanan dan gaya hidup sehat, setiap unit rumah Virya Semanan dibangun dengan konsep rumah sehat yang menerapkan
pencahayaan dan ventilasi alami.
Virya Semanan is an exclusive residential development within the Taman Semanan Indah residential area. Coming with a private cluster
concept, Virya Semanan presents 30 housing units of various types in a green, beautiful and comfortable environmental area. Prioritiz-
ing aspects of comfort and a healthy lifestyle, each Virya Semanan house unit is built with a healthy home concept that applies natural
lighting and ventilation.


             Lokasi | Location                         Kepemilikan | Ownership                       Luas Kawasan | Total Area
         Semanan, Jakarta Barat                              100% | 100%                             0,6 hektare |0.6 hectares
         Semanan, West Jakarta


Progres | Progress
93% unit telah terjual
93% units have been sold

Kemudahan | Amenities
Mini market, kolam renang, pusat ATM, sekolah terpadu, area komersial, lapangan tenis, tempat ibadah, pusat kebugaran, lapangan
basket, pusat perbelanjaan, pintu tol JORR, dekat dengan stasiun KRL.
Swimming pool, ATM center, integrated school area, commercial zone, tennis court, places of worship, gym, basketball court, shopping
center, JORR toll gate, commuter line.




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                                                              Talaga Bestari

      Deskripsi | Description
      Talaga Bestari dirancang untuk memenuhi permintaan perumahan yang menyasar segmen pasar menengah dan atas. Pengembangan
      kawasan Talaga Bestari masih terus dilakukan dengan menyesuaikan tema yang diusungnya, yaitu “Hidup Selaras dengan Alam”. Per-
      seroan juga sedang menggencarkan pembangunan Ruota, area ritel dan komersial terbaru di Talaga Bestari.
      Talaga Bestari is designed to meet the housing demand targeting the middle to upper market segment. The development of the Talaga
      Bestari area continues to evolve while aligning with its central theme, “Living in Harmony with Nature.” The company is also actively de-
      veloping Ruota, the latest retail and commercial area within Talaga Bestari.



                   Lokasi | Location                          Kepemilikan | Ownership                       Luas Kawasan | Total Area
                  Cikupa, Tangerang                                 100% | 100%                             308 hektare | 308 hectares
                  Cikupa, Tangerang




      Progres | Progress
      Pengembangan baru klaster DUO dan area komersial Ruota
      New Development of DUO Cluster and commercial area Ruota


      Kemudahan | Amenities
      Sports club, apotek, pujasera, klinik 24 jam, mini market 24 jam, shuttle bus, tol Balaraja Timur, Tol Balaraja Serpong, dekat pusat per-
      belanjaan, rumah sakit Siloam, dan sekolah (Al Azhar Budi Talaga Bestari, Montessori School).
      Sports club, pharmacy, food court, 24-hour clinic, 24-hour mini market, Shuttle bus, Balaraja Timur toll road, Balaraja Serpong toll road,
      shopping center (Supermall Karawaci, Tang City), Siloam Hospital, near school (Al Azhar Syifa Budi Talaga Bestari, Montessori Schools).




                                                        Magnolia Residence

      Deskripsi | Description
      Magnolia Residence merupakan pengembangan kawasan perumahan yang mengusung konsep “Oase Kehidupan Kota” melalui ruang
      terbuka hijau yang luasnya mencapai 1,7 hektare. Lokasi Magnolia Residence berada di Jatiuwung, Kota Tangerang dan hanya berjarak
      dua menit dari Pintu Tol Bitung.
      Magnolia Residence is a housing development that boasts the concept of “Oasis of City Life” through green open spaces covering an area
      of 1.7 hectares. The location of Magnolia Residence is in Jatiuwung, Tangerang City and only two minutes from Bitung Toll Gate.



                   Lokasi | Location                          Kepemilikan | Ownership                       Luas Kawasan | Total Area
                   Jatake, Tangerang                                52,5% | 52,5%                           14,7 hektare | 14.7hectares
                   Jatake, Tangerang



      Progres | Progress
      98% unit terjual
      98% of units have been sold


      Kemudahan | Amenities
      Mini market, apotek, klinik 24 jam, keamanan 24 jam, area komersial, tol Bitung, Tol Balaraja Serpong, dekat Supermall Karawaci &
      Tang City serta rumah sakit Siloam.
      Mini market, pharmacy, 24-hour clinic, 24-hour security, commercial zone, Botung toll road, Balaraja Serpong toll road, close to supermall
      Karawaci & Tang City, Siloam Hospital.




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PT Intiland Development Tbk                                                                          Management Discussion and Analysis




                                                          Graha Famili

Deskripsi | Description
Graha Famili memberikan citra eksklusif dengan mengutamakan kenyamanan penataan lingkungan yang bersih, asri, aman dan ter-
padu dengan berbagai fasilitas yang lengkap. Nikmati kenyamanan tinggal di sebuah kawasan hunian terbaik yang menjadi baro-
meter perumahan ideal di Surabaya.
Graha Famili offers an exclusive feel that boasts the comfort of a clean, green, safe and tastefully-designed environment, integrated with
a vast range of amenities to enhance your life. Enjoy the comfort of staying in the top residential area in Surabaya that is undoubtedly
the barometer of ideal living in the city.



              Lokasi | Location                          Kepemilikan | Ownership                        Luas Kawasan | Total Area
         Babatan, Surabaya Barat                                 75% |75%                               280 hektare | 280 hectares
         Babatan, West Surabaya



Progres | Progress
100% unit telah terhuni
100% of units have been occupied


Kemudahan | Amenities
Manajemen estat, supermarket, sports club, lapangan golf, keamanan 24 jam, tol Surabaya Porong, dekat dengan pusat perbelanjaan
(Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), rumah sakit (National Hospital, Mitra Keluarga), sekolah (Surabaya
European School, Sekolah Ciputra, Cita Hati, Singapore National Academy, Surabaya Taipei School, Merlion School, Sages Institute,
Universitas Ciputra).
Estate management, supermarket, sports club, golf course, 24-hour security, Surabaya Porong toll road, near shopping malls (Spazio,
Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), near hospitals (National Hospital, Mitra Keluarga), near school (Surabaya Euro-
pean School, Sekolah Ciputra, Cita Hati, Singapore National Academy, Surabaya Taipei School, Merlion School, Sages Institute, Universitas
Ciputra).




                                                          Graha Natura

Deskripsi | Description
Lingkungan yang hijau, sejuk, dan asri menjadi kunci utama menuju hidup sehat. Rimbun pepohonan dan taman yang indah meng-
hadirkan suasana hijau yang memberi ketenangan dan kenyamanan di lingkungan tempat tinggal. Kawasan perumahan di kota
Surabaya, Jawa Timur ini meraih beragam penghargaan dan menjadi hunian ideal bagi Anda yang mendambakan hidup sehat dan
berkualitas.
A green, breezy, and pristine environment is key to a healthy lifestyle. The thick foliage of trees and a beautifully-landscaped park bring a
sense of serenity and comfort to the place you live in. This multiple award-winning residential area in a prestigious location in Surabaya,
East Java is the ideal choice for you who demand only the highest level of quality in life.


              Lokasi | Location                          Kepemilikan | Ownership                        Luas Kawasan | Total Area
          Lontar, Surabaya Barat                                100% |100%                               86 hektare | 86 hectares
          Lontar, West Surabaya


Progres | Progress
858 unit telah terjual dan pengembangan tahap II
858 units have been sold and developing phase II




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      Kemudahan | Amenities
      Kolam renang, area komersial, jaringan serat optik, sistem satu pintu dan keamanan 24 jam, gedung perkumpulan, pusat kebugaran,
      lintasan lari, tol Surabaya Porong, pusat perbelanjaan (Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), dekat dengan ru-
      mah sakit (National Hospital, Mitra Keluarga), dan sekolah (Surabaya European School, Sekolah Ciputra, Cita Hati, Singapore National
      Academy, Surabaya Taipei School, Merlion School, Sages Institute, Universitas Ciputra).
      Swimming pool, commercial area, fiber optic network, one gate system and 24-hour security, meeting hall, gym, jogging track, Surabaya
      Porong toll road, near shopping mall (Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), near hospital (National Hospital,
      Mitra Keluarga), near school (Surabaya European School, Sekolah Ciputra, Cita Hati, Singapore National Academy, Surabaya Taipei School,
      Merlion School, Sages Institute, Universitas Ciputra).




                                                                1Park Homes

      Deskripsi | Description
      1Park Homes adalah pengembangan kawasan perumahan mewah dan eksklusif yang dikembangkan di atas lahan seluas 1,2 hektare,
      di mana 32 unit hunian dipisahkan oleh jalur selebar 8,8 meter, menciptakan kawasan perumahan yang nyaman untuk penghuni.
      1Park Homes is a luxurious and exclusive residential development developed on 1.2 hectares of land where the 32 housing units are sepa-
      rated by a 8.8 metres wide pathway, creating a simple yet exclusive estate for you to live in it.


                    Lokasi | Location                          Kepemilikan | Ownership                        Luas Kawasan | Total Area
              Kebayoran, Jakarta Selatan                              100% |100%                               1,2 hektare | 1.2 hectares
               Kebayoran, South Jakarta


      Progres | Progress
      Tahap Konstruksi
      Construction work

      Kemudahan | Amenities
      Taman bermain anak, ruang sepak bola meja, aula serbaguna, jaringan serat optik, mini market, ruang makan privat, perpustakaan,
      kolam renang, salon, pusat bisnis, lintasan lari, gym, lounge, bioskop mini, billiard, area BBQ, steam & sauna, ruang karaoke, dekat
      pusat perbelanjaan (Plaza Senayan, Gandaria City, Senayan City, Pondok Indah Mall), dan Rumah Sakit Pondok Indah.
      Children’s playground, fussball room, multipurpose hall, fiber optic network, mini market, private dining hall, library, swimming pool, hair-
      dressers, business center, running track, gym, lounge, mini cinema, billiard room, BBQ area, steam & sauna facilities, karaoke room, close
      proximity to shopping centers (Plaza Senayan, Gandaria City, Senayan City, Pondok Indah Mall) and Pondok Indah Hospital.




                                                                      Brezza

      Deskripsi | Description
      Brezza adalah pengembangan kawasan perumahan modern dengan terbatas hanya 36 unit yang berlokasi di kawasan Pantai Mutiara,
      Jakarta Utara. Berdiri dengan menghadap panorama Teluk Jakarta, Brezza menawarkan hunian dengan desain minimalis dan fung-
      sional.
      Brezza is a modern residential development with only 36 exclusive units, located in the Pantai Mutiara area, North Jakarta. Overlooking
      the scenic Jakarta Bay, Brezza offers homes with a minimalist and functional design.



                   Lokasi | Location                           Kepemilikan | Ownership                        Luas Kawasan | Total Area
             Pantai Mutiara, Jakarta Utara                            100% |100%                               1,6 hektare | 1.6 hectares
             Pantai Mutiara, North Jakarta




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Progres | Progress
80% progres pekerjaan pembangunan
80% progress in construction work

Kemudahan | Amenities
Area komersial, clubhouse yang meliputi fitness center dan sauna, kolam renang, restoran dan kafe, dekat pusat perbelanjaan.
Commercial area, clubhouse featuring a fitness center and sauna, swimming pool, restaurant and café, close to shopping centers.




                                                       Amesta Living

Deskripsi | Description
Amesta Living merupakan proyek pengembangan kawasan mixed-use terpadu. Memiliki rencana pengembangan hingga seluas 60
hektare, Amesta Living dirancang sebagai kawasan terpadu yang menyediakan beragam kebutuhan properti, mulai dari unit-unit
residensial seperti rumah tapak, apartemen, ritel, komersial, SOHO, perkantoran, hingga lifestyle mall.
Amesta Living is an integrated mixed-use development project. With a planned expansion of up to 60 hectares, Amesta Living is designed
as a comprehensive area that caters to various property needs, including residential units such as landed houses and apartments, as well
as retail, commercial spaces, SOHO, offices, and a lifestyle mall.


                          Lokasi | Location                                Kepemilikan | Ownership         Luas Kawasan | Total Area
  Nol kilometer dari OERR (Outer East Ring Road), Surabaya Timur                   55% |55%                 60 hektare | 60 hectares
   0 kilometres from OERR (Outer East Ring Road), East Surabaya


Progres | Progress
Lebih dari 400 unit rumah dan ruko terjual
More than 400 units of houses and shop house have been sold


Kemudahan | Amenities
Community center, jogging track, playground, commercial area, mixed-used area, meeting point, water feature dan water promenade
Community center, jogging track, playground, commercial area, mixed-used area, meeting point, water feature and water promenade




                                                     Sakha Semanan

Deskripsi | Description
Sakha Semanan adalah pengembangan perumahan Intiland yang berlokasi di dalam kawasan Taman Semanan Indah, Jakarta Barat.
Perumahan ini dirancang dengan konsep tropis modern dan menawarkan tata ruang yang leluasa untuk memenuhi kebutuhan ting-
gal penghuni.
Sakha Semanan is a housing development by Intiland located within the Taman Semanan Indah area, West Jakarta. This residential area
is designed with a modern tropical concept and offers spacious layouts to meet the residents’ living needs.


             Lokasi | Location                         Kepemilikan | Ownership                       Luas Kawasan | Total Area
   Taman Semanan Indah, Jakarta Barat                         100% |100%                             0,3 hektare | 0.3 hectares
   Taman Semanan Indah, West Jakarta



Progres | Progress
Mulai pembangunan tahap I
Starting Development for Phase I




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      Kemudahan | Amenities
      Akses mudah ke Tol Dalam Kota dan Tol Jakarta-Merak, dekat Stasiun KRL Kalideres, area komersial ruko, mal dan pusat perbelanjaan,
      sekolah standar internasional, rumah sakit.
      Easy access to the Inner City Toll Road and the Jakarta-Merak Toll Road, close to Kalideres KRL Station, commercial areas with shophouses,
      malls, and shopping centers, international standard schools, and hospitals.




                                                                 Delima House

      Deskripsi | Description
      Delima House adalah pengembangan klaster perumahan modern yang hanya menyediakan 13 unit rumah premium, yang berlokasi
      di Karang Tengah, Lebak Bulus, Jakarta Selatan. Menggabungkan fungsi dan kemewahan dalam setiap detailnya, perumahan ini meng-
      hadirkan konsep hunian yang sempurna yang menghargai gaya hidup dinamis.
      Delima House is a modern cluster housing development that offers only 10 premium units, located in Karang Tengah, Lebak Bulus, South
      Jakarta. Combining functionality and luxury in every detail, this residential development presents a perfect living concept that values a
      dynamic lifestyle.


                    Lokasi | Location                             Kepemilikan | Ownership                          Luas Kawasan | Total Area
        Lebak Bulus, Cilandak, Jakarta Selatan                          100% |100%                                 0,3 hektare | 0.3 hectares
         Lebak Bulus, Cilandak, South Jakarta


      Progres | Progress
      Terbangun dan terjual seluruhnya
      Developed and sold out

      Kemudahan | Amenities
      Lokasi yang sangat strategis dikelilingi oleh berbagai fasilitas, seperti mall, sekolah, universitas, dan rumah sakit. Kemudahan aksesi-
      bilitas dan mobilitas melalui tol JORR, Desari, dan stasiun MRT dan TransJakarta.
      A highly strategic location, surrounded by various facilities such as malls, schools, universities, and hospitals. It offers easy accessibility and
      mobility through the JORR toll road, Desari, and MRT and TransJakarta stations.




                                                               Tierra Residence

      Deskripsi | Description
      Tierra Residence menghadirkan hunian berkonsep modern tropis yang menggabungkan elemen desain kontemporer dengan sentu-
      han alam. Dikelilingi lingkungan yang hijau dan asri, unit di Tierra Residence juga terintegrasi dengan community park sebagai pusat
      kegiatan sosial para penghuni.
      Tierra Residence offers a modern tropical concept residence that blends contemporary design elements with a touch of nature. Surrounded
      by a green and refreshing environment, units at Tierra Residence are also integrated with a community park as a social hub for residents.


                           Lokasi | Location                              Kepemilikan | Ownership                     Luas Kawasan | Total Area
            Darmo Harapan, Sukomanunggal, Surabaya                               100% |100%                           1,5 hektare | 1.5 hectares
            Darmo Harapan, Sukomanunggal, Surabaya


      Progres | Progress
      Proses pembangunan
      Under development




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Kemudahan | Amenities
Community park, area komersial, keamanan 24 jam, pusat kebugaran, kolam renang, dekat gerbang tol satelit, pusat perbelanjaan
(Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), dekat dengan rumah sakit (National Hospital, Mitra Keluarga), dan
sekolah (Piaget Life Academi, Elyon Christian Secondary Sc).
The development features a community park, commercial areas, 24-hour security, a fitness center, a swimming pool, close proximity to
the satellite toll gate, shopping centers (Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), hospitals (National Hospital, Mitra
Keluarga), and schools (Piaget Life Academy, Elyon Christian Secondary School).




                                                     Regatta Residence

Deskripsi | Description
Regatta Residence merupakan kawasan perumahan terbaru yang menjadi bagian dari pengembangan kawasan Regatta yang berloka-
si di Pantai Mutiara, Pluit, Jakarta Utara. Panorama tepi Laut Jawa menjadi nilai tambah bagi Regatta Residence, sehingga menciptakan
pengalaman tinggal di rumah yang nyaman dan prestisius.
Regatta Residence is the latest residential area that is part of the Regatta development, located at Pantai Mutiara, Pluit, North Jakarta. The
panorama of the Java Sea adds value to Regatta Residence, creating a prestigious and comfortable living experience.


              Lokasi | Location                          Kepemilikan | Ownership                         Luas Kawasan | Total Area
       Pantai Mutiara, Jakarta Utara                             50% |50%                                4,9 hektare | 4.9 hectares
       Pantai Mutiara, North Jakarta


Progres | Progress
Perataan lahan & pembangunan infrastruktur
Cut & fill and infrastructure development

Kemudahan | Amenities
Akses mudah ke pusat bisnis, pusat perbelanjaan, serta Bandara Soekarno-Hatta, rumah sakit, sekolah internasional, pusat perbelan-
jaan Emporium Pluit dan Baywalk Mall.
It offers easy access to business centers, shopping malls, Soekarno-Hatta Airport, hospitals, international schools, and shopping centers
such as Emporium Pluit and Baywalk Mall.




                                                     Plaza Segi Delapan

Deskripsi | Description
Pengembangan Plaza Segi Delapan tahap II dilakukan pada 2022. Berlokasi di kawasan Darmo, Surabaya Barat, Plaza Segi Delapan
tahap II menyediakan unit rukan (Office-House) tiga lantai yang mampu mengakomodasi semua jenis toko, ritel, dan kantor.
The development of Plaza Segi Delapan Phase II began in 2022. Located in the Darmo area of West Surabaya, Plaza Segi Delapan Phase II
offers three-story office-house (rukan) units designed to accommodate all types of shops, retail businesses, and offices.


              Lokasi | Location                          Kepemilikan | Ownership                         Luas Kawasan | Total Area
        Sukomanunggal, Surabaya                                 100% |100%                               0,3 hektare | 0.3 hectares
        Sukomanunggal, Surabaya


Progres | Progress
Sudah terbangun
Developed

Kemudahan | Amenities
One-gate system 24 jam, dekat gerbang tol satelit, pusat perbelanjaan (Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall),
dan sekolah (Elyon Christian Secondary School, IPH School West, dan Great Crystal School).
A one-gate 24-hour system, close to the satellite toll gate, shopping centers (Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc
Mall), and schools (Elyon Christian Secondary School, IPH School West, and Great Crystal School).




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                                                             Serenia Estate

      Deskripsi | Description
      Serenia Estate adalah pengembangan perumahan premium berlokasi di kawasan strategis Pondok Pinang, Jakarta Selatan. Dengan
      luas lahan 2,2 hektar, perumahan ini menawarkan 74 unit rumah eksklusif dengan desain modern dan elegan.
      Serenia Estate is a premium residential development located in the strategic area of Pondok Pinang, South Jakarta. Spanning 2.2 hectares,
      this housing complex offers 74 exclusive homes featuring modern and elegant designs.


                   Lokasi | Location                         Kepemilikan | Ownership                       Luas Kawasan | Total Area
            Pondok Pinang, Jakarta Selatan                         100% |100%                              2,2 hektare | 2.2 hectares
            Pondok Pindang, South Jakarta.



      Progres | Progress
      Tahapan Pengembangan
      Under Development


      Kemudahan | Amenities
      Lokasinya sangat strategis, hanya selangkah dari kawasan prestisius Pondok Indah, serta dekat dengan Stasiun MRT Lebak Bulus, pusat
      perbelanjaan seperti Pondok Indah Mall, dan akses tol JORR, menjadikan mobilitas penghuni semakin mudah.
      Its location is highly strategic—just steps away from the prestigious Pondok Indah area, and close to the Lebak Bulus MRT Station, shop-
      ping centers such as Pondok Indah Mall, and easy access to the JORR toll road, ensuring convenient mobility for residents.




      Tinjauan Keuangan Segmen Kawasan Perumahan
      Financial Overview of Landed Residential Segmen

      Dalam jutaan Rupiah | In millions of Rupiah


      Kawasan Perumahan                      2024         % terhadap             2023        % terhadap       Pertumbuhan          Persentase
      Landed Residential                                  Pendapatan                         Pendapatan            Growth          Percentage
                                                     % to the Revenue                   % to the Revenue

      Pendapatan | Revenue               659.423                 100%         861.503               100%           -202.080             -23,46%
      Beban Pokok | Cost of Sales        396.970               60,20%         552.533             64,14%           -155.563             -28,15%
      Laba Kotor | Gross Profit          262.453               39,80%         308.970             35,86%            -46.517             -15,06%




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PT Intiland Development Tbk                                                                     Management Discussion and Analysis


KAWASAN INDUSTRI                                                    INDUSTRIAL ESTATE
Segmen kawasan industri merupakan kegiatan operasi Intiland         The industrial estate segment represents one of Intiland’s core
yang fokus untuk mengembangkan dan mengelola kawasan                business operations, focusing on the development and manage-
industri. Pada tahun 1991, Perseroan mengembangkan Ngoro            ment of industrial zones. In 1991, the Company developed Ngoro
Industrial Park (“NIP”) di Mojokerto, Jawa Timur untuk fase 1 se-   Industrial Park (“NIP”) in Mojokerto, East Java, with Phase 1 cov-
luas 220 hektare (ha), dilanjutkan dengan pengembangan fase 2       ering 220 hectares (ha), followed by Phase 2 development of 285
seluas 285 ha pada tahun 2010. Kualitas infrastruktur yang baik     ha in 2010. NIP’s strong infrastructure quality and strategic loca-
dan lokasi yang strategis menjadi keunggulan NIP. Sebagai salah     tion are among its key advantages. As one of its main business
satu bisnis utama, Perseroan terus mengembangkan segmen ini         segments, the Company continues to invest in and expand this
dengan berinvestasi dan mengembangkan kawasan-kawasan in-           segment by developing new industrial estates in the provinces of
dustri baru di provinsi Jawa Timur dan Jawa Tengah.                 East Java and Central Java.


Di Jawa Tengah, Perseroan sukses mengembangkan dan me-              In Central Java, the Company successfully developed and ma-
ngelola Batang Industrial Park (“BIP”) yang merupakan kawasan       nages Batang Industrial Park (“BIP”), an integrated industrial es-
industri terpadu yang diluncurkan tahun 2020. Berlokasi stra-       tate launched in 2020. Strategically located in Batang Regency,
tegis di Kabupaten Batang, Jawa Tengah, pengembangan BIP            Central Java, BIP is being developed through a sustainable master
dijalankan melalui perencanaan berkelanjutan dengan mengem-         plan under the concept of becoming “The future key industrial
bangan konsep kawasan sebagai “The future key industrial hub        hub of Central Java.” The total land area for Phase 1 of BIP spans
of Central Java”. Luas kawasan BIP untuk pengembangan fase 1        287 ha, with potential for further expansion in the future.
mencapai 287 ha dan berpotensi untuk dikembangkan lebih luas
di masa depan.


Perkembangan saat ini, sejumlah perusahaan telah membangun          Currently, several companies have built factories within BIP, while
pabrik di kawasan BIP dan sebagian lainnya masih proses kon-        others are still in the construction phase. The first operational
struksi pembangunan. Pabrik pertama yang sudah beroperasi di        factory in BIP is owned by PT Nestlé Indonesia, which also be-
BIP dimiliki oleh PT Nestlé Indonesia yang juga menjadi investor    came the estate’s first investor. With its strategic location near
pertama. Lokasinya yang strategis dan tidak jauh dari gerbang tol   the Trans-Java toll road entrance, BIP has become one of the most
trans Jawa, menjadikan BIP sebagai salah satu kawasan industri      favored industrial zones in Central Java.
favorit di kawasan Jawa Tengah.


Selain pengelolaan kawasan industri, segmen ini juga men-           In addition to managing industrial estates, this segment also in-
cakup pengembangan dan pengelolaan pergudangan. Salah satu          cludes the development and management of warehouse facili-
fasilitas pergudangan modern yang dibangun Perseroan adalah         ties. One of the Company’s modern warehouse developments is
Aeropolis Technopark yang berlokasi di dalam kawasan mixed-         Aeropolis Technopark, located within the integrated mixed-use
use terpadu Aeropolis, Tangerang. Selain lokasinya sangat strate-   area of Aeropolis, Tangerang. Besides its highly strategic loca-
gis, hanya berjarak sekitar 700 meter dari Bandara Internasional    tion—approximately 700 meters from Soekarno-Hatta Interna-
Soekarno Hatta, fasiltas pergudangan ini memasarkan unit-unit       tional Airport—this warehouse facility offers various unit types
gudang berbagai tipe yang sesuai kebutuhan konsumen. Per-           tailored to customer needs. The Company recorded solid ware-
seroan mencatat kinerja penjualan unit-unit gudang cukup baik       house unit sales performance in 2024.
di tahun 2024.


PROSES PRODUKSI                                                     PRODUCTION PROCESS
Proses produksi untuk pengembangan proyek-proyek kawasan            The production process for the development of industrial estates
industri dimulai dari tahapan studi kelayakan proyek. Perseroan     begins with the project feasibility study. The Company conducts
akan melakukan kajian dari berbagai aspek untuk memastikan          the study covering various aspects to ensure the projects are
bahwa proyek-proyek yang akan dikembangkan akan menjadi             ones worth to be built. After an in-depth study, the Company
proyek-proyek yang layak dibangun. Setelah melalui kajian se-       continues with land acquisition focusing on strategic locations
cara mendalam, Perseroan memulai untuk melakukan pembe-             based on the previous completed study.
lian lahan di area yang strategis sesuai dengan studi yang telah
dilakukan.


Pada tahap berikutnya, Perseroan akan menunjuk konsultan un-        The next phase is the selection and appointment of a consult-
tuk membantu dalam penyusunan masterplan. Secara paralel            ant to assist the Company in formulating the masterplan. At
maka Perseroan akan memproses perijinan yang dibutuhkan             the same time, the Company also starts the process of procur-
untuk dapat memulai pembangunan proyek. Setelah adanya              ing necessary permits for the project. After the Company is ready
kesiapan desain dan perijinan, maka Perseroan akan mulai me-        with the design and has received the permits, the Company will
masarkan dan melaksanakan pembangunan proyek. Perseroan             market the project and commence the work. The Company will
akan melakukan proses pembukaan lahan (land clearing), per-         go ahead with the land clearing, cut and fill, and infrastructure
ataan tanah (cut and fill) serta pembangunan infrastruktur          development processes following the phases of the develop-
sesuai dengan tahap pengembangan, khususnya atas area yang          ment, especially on the area the Company has marketed. After
telah dijual. Ketika proses pembangunan infrastruktur dan pera-     the completion of infrastructure development as well as cut and


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      taan tanah telah selesai maka Perseroan akan melakukan serah        fill processes, the Company hands the industrial area over to the
      terima lahan kawasan industri yang telah dijual tersebut kepada     new owners.
      pembeli.


      Karena kawasan industri merupakan kawasan khusus yang me-           Since industrial estate is an exclusive zone that needs integrated
      merlukan pengelolaan terpadu, maka Perseroan melaksanakan           management, the Company is managing the property including
      tata kelola properti termasuk fasilitas umum dan fasilitas sosial   its public and social facilities, environment and waste.
      serta pengelolaan lingkungan dan limbah.


      PEMASARAN DAN PENJUALAN                                             MARKETING AND SALES
      Perseroan menerapkan strategi dan pola pemasaran yang spesi-        The Company implements specific marketing strategies and
      fik untuk penjualan kawasan Industri. Perseroan merumuskan          approaches for industrial estate sales. Marketing strategies are
      strategi pemasaran, baik secara korporat maupun untuk masing-       developed both at the corporate level and tailored to each indus-
      masing proyek kawasan industri dengan prioritas target pen-         trial estate project, with a primary focus on business-to-business
      jualan business to business, seperti korporasi maupun investor.     (B2B) sales targeting corporations and investors. The Company
      Perseroan juga dibantu oleh pihak eksternal seperti konsultan       often collaborates with external parties such as consultants to
      dalam menyusun strategi maupun dalam pelaksanaan strategi           formulate and execute marketing strategies and sales activities,
      pemasaran dan aktivitas penjualan, seperti desain, iklan, materi    including design, advertising, promotional materials, production,
      promosi, produksi, hingga penyelenggaraan kegiatan pemasa-          and marketing events. The Company also proactively engages in
      ran. Perseroan juga proaktif dalam melakukan aktivitas pemasa-      more targeted marketing efforts through digital communication
      ran yang lebih terfokus pada kanal komunikasi digital, seperti      channels, such as its website, as well as participation in indus-
      situs web maupun melalui kegiatan pemeran kawasan industri          trial estate exhibitions to reach a broader potential market.
      untuk menjangkau potensi pasar yang lebih luas.

      Perolehan marketing sales dari segmen kawasan industri be-          Marketing sales from the industrial estate segment are derived
      rasal dari hasil penjualan lahan industri. Sementara pendapa-       from the sale of industrial land. Meanwhile, operating revenue
      tan usaha berasal dari pengakuan penjualan serta pendapatan         is generated from land sale recognition as well as revenue from
      dari pengelolaan fasilitas dan sewa pergudangan. Pada tahun         facility management and warehouse leasing. In 2024, this seg-
      2024, segmen segmen kawasan industri memberikan kontri-             ment contributed marketing sales of Rp567 billion, achieving
      busi marketing sales sebesar Rp567 miliar atau tercapai 136%        136% of the Rp422.7 billion target. This also represents a signifi-
      dari target Rp422,7miliar. Pencapaian marketing sales ini juga      cant increase of 67.6% compared to the Rp338.2 billion achieved
      melonjak hingga 67,6% dibandingkan tahun 2023 sebesar               in 2023. The largest contributors to marketing sales were the
      Rp338,2 miliar. Kontributor marketing sales terbesar bersumber      sale of industrial land in Batang Industrial Park, Central Java, and
      dari penjualan lahan industri di Batang Industrial Park di Kabu-    warehouse units at Aeropolis in Tangerang.
      paten Batang, Jawa Tengah dan unit-unit pergudangan di Aero-
      polis di Tangerang.


      Pada tahun 2024, sektor kawasan industri mengalami pertum-          In 2024, the industrial estate segment experienced substantial
      buhan sangat baik seiring dengan meningkatnya kebutuhan             growth in line with increasing demand for industrial land in
      terhadap lahan industri di lokasi strategis. Bagi Perseroan, seg-   strategic locations. For the Company, this segment recorded rev-
      men pengembangan kawasan Industri mencatatkan pendapa-              enue of Rp638.3 billion, significantly surpassing the 2024 target
      tan usaha sebesar Rp638,3 miliar, atau jauh melampaui target        of Rp190.2 billion. This figure also represents a 159% increase
      2024 sebesar Rp190,2 miliar. Pencapaian ini sekaligus mening-       compared to 2023’s revenue of Rp246.2 billion. The main con-
      kat hingga 159% dibandingkan pendapatan usaha tahun 2023            tributors were the recognition of land sales at Batang Industrial
      senilai Rp246,2 miliar. Kontribusi terbesar diperoleh dari pe-      Park, warehouse unit sales at Aeropolis, and revenue from facility
      ngakuan penjualan lahan industri di Batang Industrial Park, unit-   management.
      unit pergudangan di Aeropolis, dan dari pengelolaan fasilitas.


      PENGEMBANGAN MASA DEPAN                                             FUTURE DEVELOPMENT
      Selain dua pengembangan kawasan industri dan kawasan per-           In addition to the two industrial estate and warehouse areas un-
      gudangan yang sedang dikembangkan saat ini, Perseroan me-           der development, the Company has long-term plans to develop
      miliki rencana jangka panjang untuk mengembangkan kawasan           other industrial areas in several regions of Java, including East
      industri lainnya di sejumlah wilayah di pulau Jawa, salah satunya   Java. The Company will also continue to develop the remaining
      di Jawa Timur. Perseroan juga masih akan terus mengembang-          area from the second phase of development at Ngoro Industrial
      kan sisa area dari pengembangan tahap kedua Ngoro Industrial        Park, land expansion at Batang Industrial Park, and the Aeropolis
      Park, ekspansi lahan di Batang Industrial Park, dan area pergu-     Technopark warehouse area.
      dangan Aeropolis Technopark.


      Perseroan mencermati pengembangan kawasan industri di In-           The Company observes that the development of industrial estate
      donesia memiliki prospek yang sangat baik. Pengembangan             in Indonesia has very positive prospects. Industrial estate devel-
      kawasan industri juga memiliki potensi signifikan untuk meno-       opment also holds significant potential to support economic


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PT Intiland Development Tbk                                                                      Management Discussion and Analysis


pang pertumbuhan ekonomi, investasi, dan penyediaan lapan-           growth, investment, and job creation. The Company believes that
gan kerja. Peseroan percaya pengembangan kawasan industri            the development of industrial areas can have a dual impact on
dapat memberikan efek ganda bagi ekonomi nasional, termasuk          the national economy, including boosting local economic growth,
peningkatan pertumbuhan ekonomi lokal, penciptaan lapangan           creating new jobs, and increasing regional revenue through taxes.
kerja baru, dan peningkatan pendapatan daerah melalui pajak.



Kapasitas dan Pengembangan Kawasan Industri
Capacity and Development of Industrial Estate



                                                Ngoro Industrial Park


Deskripsi | Description
Ngoro Industrial Park merupakan kawasan industtri berlokasi di lembah Gunung Penanggungan, Ngoro, Mojokerto, Jawa Timur. Ber-
jarak hanya sekitar 50 km dari Pelabuhan Tanjung Perak, Surabaya, kawasan industri ini menjadi pilihan favorit banyak perusahaan
nasional dan multinasional.
Ngoro Industrial Park is an industrial estate in the valley of Mount Penanggungan, Ngoro, Mojokerto, East Jawa. Located at a mere 50 km
from Tanjung Perak Port, Surabaya, this industrial estate is a popular choice for many national and international companies seeking for
a base for their operations.




             Lokasi | Location                        Kepemilikan | Ownership                      Luas Kawasan | Total Area
          Mojokerto, Jawa Timur                             100% | 100%                            500 hektare | 500 hectares
          Mojokerto, East Jawa



Infrastruktur | Infrastructure
Pasokan gas alam oleh PGN dan DPS Gas, pengolahan limbah, pembangkit listrik, telekomunikasi.
Natural gas suplay from PGN and DPS Gas, waste management, power plant, telecommunication.


Fasilitas & Layanan | Facilities & Services
Zona kawasan berikat, standard factory building, pergudangan, area komersial, bank, perkantoran.
Bonded zone, standard factory building, warehouses, commercial zone, banks, offices.


Perusahaan | Companies
Roman, H.B. Fuller, Mulia Ceramics, Yakult, Mitsui-Soko Holdings, Hitachi, Toyota-Astra Motor, Unicharm, dan lainnya
Roman, H.B. Fuller, Mulia Ceramics, Yakult, Mitsui-Soko Holdings, Hitachi, Toyota-Astra Motor, Unicharm, etc.


Kemudahan | Amenities
Jalan tol, jalan utama, 45 km dari Surabaya, 50 km dari Pelabuhan Tanjung Perak, 50 km dari Bandara Internasional Juanda.
Toll roads, main road, 45 km from Surabaya, 50 km from Tanjung Perak Port, 50 km from Juanda International Airport.




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                                                        Batang Industrial Park


      Deskripsi | Description
      Batang Industrial Park (BIP) merupakan pengembangan kawasan industri terpadu yang berlokasi di Kabupaten Batang, Jawa Tengah.
      Pengembangan BIP melalui perencanaan berkelanjutan dengan mengembangan konsep kawasan sebagai “The future key industrial
      hub of Central Java”. Dikembangkan di lahan dengan jenis tanah padat dan kokoh, kawasan ini menjamin kestabilan struktur bangu-
      nan serta dapat menekan biaya konstruksi. Batang Industrial Park juga menyediakan area pergudangan, area komersial, area penghi-
      jauan, serta beragam fasilitas infrastruktur penunjang yang lengkap di lahan pengembangan yang direncanakan seluas 280 hektare.
      Batang Industrial Park (BIP) is an integrated industrial area being developed in Batang Regency, Central Java. The development of BIP is
      carried out through sustainable planning with a spatial concept that serves its purpose to become “the future key industrial hub of Cen-
      tral Java”. Built upon solid and sturdy soil, this industrial park guarantees the stability of the building structures and furthermore reduces
      construction costs. Batang Industrial Park also provides a warehousing area, commercial area, greenery, and various supporting facilities
      and infrastructure on a planned development area encompassing 280 hectares.



                   Lokasi | Location                           Kepemilikan | Ownership                        Luas Kawasan | Total Area
                 Batang, Jawa Tengah                                 100% | 100%                                  287 hektare (Fase 1)
                 Batang, Central Jawa                                                                          | 287 hectares (1st Phase)



      Progres | Progress
      Tahapan Pengembangan
      Under Development


      Infrastruktur | Infrastructure
      Jaringan listrik, gas alam, telekomunikasi, pusat pengelolaan air dan limbah terpadu, air bersih, lebar jalan utama 26 meter dan jalan
      kawasan 16 meter, managemen kawasan.
      Electricity, natural gas, telecommunication, waste water treatment plant (WWTP), clean water, Right of Way 16 meters, main road 26
      meters, property management.


      Fasilitas & Layanan | Facilities & Services
      Pergudangan, area komersial, mini market, kantor management, pos polisi, pemadam kebakaran.
      Warehouse, commercial area, mini market, management office, police station, fire brigade.


      Perusahaan | Companies
      Nestle, UnitedCan, dan lainnya
      Nestle, UnitedCan, etc.



      Kemudahan | Amenities
      Berlokasi strategis tepat di tengah-tengah Pulau Jawa, 1 km dari akses jalan nasional (Jalan Raya Subah, Tulis, Batang), berbagai trans-
      portasi hubs seperti bandara dan juga Pelabuhan, akses masuk ke dalam kawasan ini dapat ditempuh dengan mudah hanya 10 menit
      melalui gerbang tol Kandeman, Batang. Lokasi strategi yang ditunjang dengan akses jalan tol memberikan nilai tambah bagi investor
      untuk distribusi barang ke berbagai fasilitas seperti pelabuhan maupun bandara internasional.
      Strategically located right at the central nexus of Java Island, 1 km from the national road (Subah, Tulis, Batang National Road), various
      transportation hubs such as airport and seaport, this development area can be easily accessed within 10 minutes from the Kandeman Toll
      Gate in Batang. This strategic location is further supported by a toll road access that gives investor an immense added value in terms of
      the ease of distribution of goods to numerous facilities, such as seaports and international airports.




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PT Intiland Development Tbk                                                                            Management Discussion and Analysis




                                                  Aeropolis Techno Park


Deskripsi | Description
Aeropolis Techno Park adalah pengembangan area pergudangan modern yang menjadi bagian dari pengembangan kawasan mixed-
use terpadu Aeropolis yang berlokasi dekat Bandara Internasional Soekarno-Hatta. Dirancang sebagai area pergudangan modern,
Aeropolis Techno Park berdampingan dengan area komersial, perkantoran dan hunian. Tersedia dalam berbagai tipe dan ukuran, per-
gudangan Aeropolis memberikan nilai tambah investasi dan menunjang kebutuhan bisnis. Lokasi sangat strategis hanya berjarak seki-
tar 700 meter dari Cargo Village, TOD Bandara Soeta, dan rencana Tol JORR 2 sehingga menunjang kebutuhan logistik dan distribusi
cargo di area bandara.
Aeropolis Techno Park is the development of a modern warehouse area that is part of the integrated mixed-use development of Aeropolis,
located near Soekarno-Hatta International Airport. Designed as a modern warehouse area, Aeropolis Techno Park is situated alongside
commercial, office, and residential areas. Available in various types and sizes, the Aeropolis warehouses offer added investment value and
support business needs. The location is highly strategic, just approximately 700 meters from Cargo Village, Soeta Airport TOD, and the
planned JORR 2 Toll Road, thus supporting logistics and cargo distribution needs in the airport area.



                                                             Lokasi | Location
                                 500 meter dari Bandara Internasional Soekarno – Hatta, Tangerang
                                 500 meters from Soekarno – Hatta International Airport, Tangerang



                     Kepemilikan | Ownership                                                 Luas Kawasan | Total Area
                           100% | 100%                                                        30 hektare | 30 hectares


Progres | Progress
90% dari total unit telah terjual
90% of the total units have been sold


Infrastruktur | Infrastructure
Jaringan listrik, telekomunikasi, air bersih, infrastruktur jalan utama dan jalan kawasan, managemen kawasan.
Electricity, telecommunication, clean water, main road infrastructure, property management.


Fasilitas & Layanan | Facilities & Services
Apartemen, perkantoran, area komersial, mini market, hotel, kantor management, klub olahraga.
Apartment, offices, commercial area, mini market, hotel, management office, club house.


Kemudahan | Amenities
Lokasi strategis dengan bandara internasional Soekarno Hatta, hanya berjarak sekitar 700 m yang juga dilengkapi akses kereta
bandara. Tersedia akses jalan tol bandara dan jalan provinsi yang memudahkan mobilitas dan distribusi barang ke berbagai fasilitas
seperti pelabuhan. Berjarak sekitar 35 km dari pelabuhan Tanjung Priok, Jakarta Utara.
The strategic location near Soekarno-Hatta International Airport, just approximately 700 meters away, is also equipped with access to the
airport train. It provides access to the airport toll road and provincial roads, facilitating mobility and the distribution of goods to various
facilities such as ports. It is approximately 35 km from Tanjung Priok Port, North Jakarta.




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      Tinjauan Keuangan Segmen Kawasan Industri
      Financial Overview of Industrial Estate Segmen

      Dalam jutaan Rupiah | In millions of Rupiah


      Kawasan Industri                      2024         % terhadap           2023        % terhadap       Pertumbuhan           Persentase
      Industrial Estate                                  Pendapatan                       Pendapatan            Growth           Percentage
                                                    % to the Revenue                 % to the Revenue

      Pendapatan | Revenue               638.349               100%        246.205               100%            392.144           159,28%
      Beban Pokok | Cost of Sales        454.502              71,20%       172.847             70,20%            281.654           162,95%
      Laba Kotor | Gross Profit          183.847              28,80%        73.358             29,80%            110.490           150,62%




      PROPERTI INVESTASI                                                 INVESTMENT PROPERTIES
      Properti investasi salah satu segmen operasional Perseroan         Investment properties consist of office leasing, shopping center,
      yang terdiri dari penyewaan ruang kantor, pusat perbelanjaan,      management of sports facilities, leasing of warehouses, shop-
      pengelolaan lapangan golf, sarana olah raga dan fasilitas, pe-     houses and dormitories, and management of waste in indus-
      nyewaan gudang, ruko dan asrama, serta pengelolaan limbah di       trial estates, and recurring income from other business activities.
      kawasan industri dan pendapatan berulang dari kegiatan usaha       Investment properties are a source of recurring income for the
      lainnya. Properti investasi merupakan sumber pendapatan usa-       Company.
      ha berkelanjutan bagi Perseroan.


      Perseroan percaya untuk meningkatkan nilai perusahaan di           The Company believes that to boost corporate values in the fu-
      masa depan, Perseroan perlu meningkatkan pendapatan dari           ture, the Company needs to increase the revenue from the devel-
      pengembangan dan pendapatan berkelanjutan. Upaya mening-           opment and recurring income segments. The effort to increase
      katkan porsi pendapatan berkelanjutan ditempuh Perseroan           the recurring income portion is conducted through various prop-
      melalui beragam bentuk investasi properti yang menjadi salah       erty investments that become one of the supporting factors to
      satu faktor pendorong pertumbuhan kinerja secara signifikan.       the significant growth of the Company.


      Perseroan saat ini telah memiliki proyek-proyek yang menghasil-    At present, the Company has developed several projects that
      kan pendapatan berulang di Jakarta, Tangerang, Surabaya, Mo-       yield recurring income in Jakarta, Tangerang, Surabaya. Mojoker-
      jokerto, dan Batang. Proyek recurring income yang telah berja-     to, and Batang. The ongoing recurring income projects in Jakarta
      lan di Jakarta antara lain adalah pendapatan sewa perkantoran      include income from office leasing at Intiland Tower Jakarta and
      dari Intiland Tower Jakarta dan South Quarter, pendapatan dari     South Quarter, income from Poins shopping center, income from
      pusat perbelanjaan Poins, pendapatan dari pengelolaan sarana       sports facility management at Pantai Muara Sports Club within
      olahraga dan fasilitas di Pantai Mutiara Sports Club di kawasan    Pantai Mutiara, Serenia Mansion Club in Serenia Hills, and Splash
      perumahan Pantai Mutiara, Serenia Mansion Club di kawasan          Swimming Pool & Gym in Taman Semanan Indah. The ongoing
      perumahan Serenia Hills, dan Splash Swimming Pool & Gym di         recurring income projects in Tangerang, on the other hand, in-
      kawasan perumahan Taman Semanan Indah. Proyek recurring            clude the income from sports facility management at Talaga Be-
      income yang telah berjalan di Tangerang antara lain adalah pen-    stari and from Aeropolis.
      dapatan dari pengelolaan sarana olahraga dan fasilitas di sports
      club di proyek Talaga Bestari serta kawasan Aeropolis.


      Proyek-proyek recurring income yang telah berjalan di Surabaya     The ongoing recurring income projects in Surabaya are income
      antara lain adalah pendapatan sewa perkantoran dari gedung         from office leasing at Intiland Tower Surabaya and Spazio, Spazio
      kantor Intiland Tower Surabaya, Spazio, Spazio Tower, Praxis,      Tower, Praxis, income from sports facility management at Golf
      pendapatan dari pengelolaan sarana olahraga dan fasilitas          Graha Famili & Country Club, ROCA Sports Center, Loop, Fair
      di Golf Graha Famili & Country Club, ROCA Sport Center, Loop,      Ground within Graha Famili and Natura Club House at Graha
      Fair Ground di kawasan perumahan Graha Famili dan Natura           Natura. In Mojokerto, the ongoing recurring income projects
      Club House di perumahan Graha Natura. Sementara itu, proyek-       cover the leasing of warehouses, dormitories and shop-offices,
      proyek recurring income yang telah berjalan di Mojokerto adalah    and waste management at Ngoro Industrial Park.
      penyewaan gudang, asrama, dan ruko serta pengolahan
      limbah di kawasan industri Ngoro Industrial Park.

      Pendapatan berulang dari proyek kerjasama dengan para mitra        Some recurring incomes from joint venture projects with the
      strategis, tidak dikonsolidasikan sebagai bagian dari pendapatan   Company’s strategic partners are not consolidated as part of
      usaha karena kepemilikan saham Perseroan di proyek-proyek          the revenues of the Company, due to the minority share owner-


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tersebut adalah minoritas. Proyek-proyek ini antara lain adalah       ship of the Company in these projects. These projects include the
gedung perkantoran Graha Pratama di Jakarta, gedung perkan-           Graha Pratama office building in Jakarta, World Trade Center in
toran dan World Trade Center di Surabaya dan jaringan hotel           Surabaya, and Intiwhiz hotel chain.
Intiwhiz.


Di tahun 2024 segmen properti investasi membukukan penda-             In 2024, the investment properties segment recorded a revenue
patan usaha sebesar Rp883,8 miliar, meningkat sebesar 14,6%           of Rp883.8 billion, increasing by 14.6% compared to the 2023 of
dibandingkan perolehan tahun 2023 sebesar Rp771,3 miliar.             Rp771.3 billion. The largest contribution came from the facilities
Kontribusi terbesar berasal dari pengelolaan fasilitas dan sarana     management, sport club, and office lease.
olah raga serta sewa perkantoran.



PENGEMBANGAN MASA DEPAN                                               FUTURE DEVELOPMENT
Di tahun 2025, Intiland masih fokus untuk meningkatkan kon-           In 2025, Intiland remains focused on increasing the contribution
tribusi pendapatan berulang untuk mempekuat kinerja penda-            of recurring income to strengthen the Company’s revenue per-
patan usaha yang berasal dari segmen properti investasi. Pen-         formance, particularly from the investment property segment.
dapatan pada segmen ini berasal dari penyewaan perkantoran,           Revenue in this segment is generated from office leasing, estate
pengelolaan fasilitas kawasan, sarana olah raga, hingga inves-        management, sports facilities, and other investment activities.
tasi. Upaya tersebut diantaranya akan dilakukan melalui rencana       These efforts include plans to develop new office buildings in the
pengembangan gedung-gedung perkantoran di masa menda-                 future, manage industrial and residential estates, and expand the
tang, pengelolaan kawasan industri maupun kawasan peruma-             offering of sports club facilities.
han, hingga menambah fasilitas klub olah raga.



Kapasitas dan Pengembangan Recurring Income
Capacity and Development of Recurring Income



                                                Intiland Tower Jakarta


Deskripsi | Description
Bangunan perkantoran yang dirancang oleh Paul Rudolph ini menawarkan ruang bisnis yang tidak hanya dinamis, namun juga
didukung oleh suasana yang asri. Gedung dengan luas bangunan yang disewakan 24.647 m² ini mulai dibangun pada tahun 1984 ini
selesai pada tahun 1986 dengan jumlah 23 lantai dan 2 basement.
Office building designed by Paul Rudolph, offering business space that is not only dynamic but also green. The office building designed by
Paul Rudolph offers an area for doing business that is not only dynamic but also boasts a green environment. The building, which was built
in 1984 and completed in 1986, has a total leaseable building area of 24,647 m2, with 23 floors and 2 basement levels.


      Kategori | Category                     Lokasi | Location                Kepemilikan | Ownership          Okupansi | Occupancy
  Pengelolaan kantor dan ritel        Jl. Jend. Sudirman Jakarta Pusat               100% | 100%                      83% | 83%
       Offices and retail              Jend. Sudirman, Central Jakarta



Kemudahan | Amenities
Ruang serba guna, pujasera, restoran, kedai kopi, internet berkecepatan tinggi, ATM dan bank, mini market, penukaran uang, apotek,
CCTV dan keamanan 24 jam, tempat parkir, kartu akses, akses stasiun MRT, akses Bus Transjakarta.
Multifunction hall, food court, coffee shop, restaurant, high speed internet, ATM and bank, mini market, money changer, pharmacy, CCTV
and 24-hour security, parking lot, access card, access to MRT station, bus Transjakarta access.




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                                                      Intiland Tower Surabaya


      Deskripsi | Description
      Gedung perkantoran yang dirancang dengan bentuk yang indah serta menerapkan kaidah-kaidah gedung hemat energi. Bangunan
      ikonik ini melengkapi setiap lantainya dengan teras untuk memberikan sirkulasi udara dan pencahayaan natural. Gedung yang diba-
      ngun pada tahun 1995 dan selesai di tahun 1997 ini memiliki luasan 19.568 m² dengan jumlah 12 lantai dan 3 basement.
      An office building designed with beauty and elegance in mind, and in accordance with energy-efficient building principles. Each floor in
      this iconic building is equipped with a terrace to provide better air circulation and natural lighting. The building began to be constructed
      in 1995 and was completed in 1997. It has a total area of 19,568 m2 with 12 floors and 3 basement levels.


            Kategori | Category                      Lokasi | Location                 Kepemilikan | Ownership            Okupansi | Occupancy
       Pengelolaan kantor dan ritel          Jl. Panglima Sudirman, Surabaya                  100% | 100%                        50% | 50%
            Offices and retail               Jl. Panglima Sudirman, Surabaya



      Kemudahan | Amenities
      Kartu akses, area parkir, jaringan serat optik, CCTV dan keamanan 24 jam, ATM, dekat dengan rumah sakit (Dr Soetomo, Siloam, Hu-
      sada Utama), dekat dengan hotel (Praxis, Sheraton, Four Points, JW Mariot), dekat dengan pusat perbelanjaan, dekat dengan Stasiun
      Kereta Api Gubeng Surabaya.
      Access card, parking lot, fiber optic network, CCTV and 24-hour security, ATM, near hospitals (Dr. Soetomo, Siloam, Husada Utama), near
      hotels (Praxis, Sheraton, Four Points, JW Marriott), near shopping centers (Grand City Mall, Tunjungan Plaza), near Gubeng Train Station,
      Surabaya.




                                                                      Spazio


      Deskripsi | Description
      Nikmati kemudahan, kenyamanan, dan fleksibilitas perkantoran di lokasi yang strategis dengan bangunan indoor dan outdoor yang
      modern. Bangunan ini memiliki luas 18.920 m² dengan jumlah 8 lantai dan 2 lantai basement.
      Enjoy the ease, convenience, and flexibility of having your office at a strategic location, in a building designed perceptively both indoor and
      outdoor. The building has a total area of 18,920 m2 with 8 floors and 2 basement levels.


            Kategori | Category                      Lokasi | Location                 Kepemilikan | Ownership            Okupansi | Occupancy
       Pengelolaan kantor dan ritel            Graha Famili, Surabaya Barat                    75% | 75%                         60% | 60%
            Offices and retail                 Graha Famili, West Surabaya



      Kemudahan | Amenities
      Lift & eskalator, mini market, restoran, jaringan serat optik, internet berkecepatan tinggi, koridor terbuka, ruang rapat, kantin, audi-
      torium, tol Surabaya Porong, pusat perbelanjaan (Spazio, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), dekat dengan rumah
      sakit (National Hospital, Mitra Keluarga), hotel Spazio Tower, Shangrila, Vassa, Ascott, Waterplace.
      Lift & escalator, mini market, restaurants, fiber optic network, high speed internet, open coridors, meeting room, canteen, auditorium,
      Surabaya Porong toll road, shopping centers (Spazio Tower, Loop, Graha Fairground, Pakuwon Mall, Lenmarc Mall), hospitals (National
      Hospital, Mitra Keluarga), hotels (Spazio Tower hotel, ShangriLa, Vassa, Ascott, Waterplace).




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                                                        Spazio Tower


Deskripsi | Description
Menjadi bagian dari pengembangan mixed-use di kawasan komersial Graha Famili, Spazio Tower dirancang untuk memenuhi be-
ragam kebutuhan Anda untuk bekerja dan bersantai. Spazio Tower meliputi perkantoran, komersial dan hotel.
As a development of the mixed-use property located in Graha Famili commercial zone, Spazio Tower has been designed to cater to all your
work and leisure needs. Spazio Tower consist of office, commercial, and hotel.



         Lokasi | Location            Kepemilikan | Ownership           Luas Kawasan | Total Area              Okupansi | Occupancy
  Graha Famili, Surabaya Barat               100% | 100%                 0,5 hektare | 0.5 hectares               Ritel/ Retail 65%
  Graha Famili, West Surabaya                                                                                 Perkantoran /Office 91%
                                                                                                                     Hotel 73%




Kemudahan | Amenities
Jaringan serat optik, internet berkecepatan tinggi, hotel bintang lima, koridor terbuka, pujasera, pusat kebugaran, aula, ruang rapat,
dekat dengan tol Surabaya – Porong, pusat perbelanjaan, dan rumah sakit National Hospital dan Mitra Keluarga.
Fiber optic network, high speed internet, five stars hotel, open corridors, food court, gym, auditorium, meeting room, near highways Sura-
baya – Porong, near shopping center, near National Hospital & Mitra Keluarga Hospital.




                                                   World Trade Center


Deskripsi | Description
Pusat perbelanjaan yang dikhususkan untuk menjual telepon seluler, smartphone, laptop, kamera, maupun gadget lainnya di kota
Surabaya. WTC dibangun pada tahun 1991 dan selesai pada tahun 1993, pusat perbelanjaan ini memiliki 6 lantai dan 2 basement
dengan luas bangunan 24.567 m².
A shopping center mainly selling cellular phones, smart phones, laptops, cameras, and other gadgets in Surabaya. WTC was constructed in
1991 and was completed in 1993, with 6 floors and 2 basement levels, and a total building area of 24,567 m2.


      Kategori | Category                     Lokasi | Location                Kepemilikan | Ownership           Okupansi | Occupancy
 Pengelolaan kantor dan ritel             Jalan Pemuda, Surabaya                      32% | 32%                       85% | 85%
      Offices and retail                  Pemuda street, Surabaya



Kemudahan | Amenities
Resepsionis, musholla, parkir, area merokok, lintasan kursi roda, ATM, restoran, pujasera, nursery room.
Receptionist, musholla, parking lot, smoking area, wheel chair, ATM, restaurant, food court, nursery room.




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                                                                      POINS


      Deskripsi | Description
      Poins merupakan superblok dengan konsep one stop shopping. Hadir dengan wajah baru berkonsep modern menjadi Transit Mall di
      kawasan TOD (Transit Oriented Development) Lebak Bulus. Berhasil memadukan pusat kuliner, bioskop, hiburan, belanja, pusat gadget
      dan elektronik, hotel, serta apartemen, memposisikan Poins menjadi hub dan meeting point baru di kawasan Jakara Selatan.
      Poins is a superblock with the concept of one stop shopping which includes shopping centers, retail and hotels, also equipped with apart-
      ments. By carrying out the concept as a Transit Mall, Poins is positioned as a new hub and meeting point in the South Jakarta.


            Kategori | Category                      Lokasi | Location                 Kepemilikan | Ownership          Okupansi | Occupancy
                Ritel | Retail                Lebak Bulus, Jakarta Selatan                    50% | 50%                       76% | 76%
                                               Lebak Bulus, South Jakarta


      Kemudahan | Amenities
      Pusat perbelanjaan, ritel, terdapat apartemen, hotel bintang empat, fasilitas food & beverage, kafe, restoran, dekat dengan MRT, dekat
      dengan transportasi umum, dekat dengan rumah sakit, dekat dengan perkantoran wilayah TB Simatupang.
      Shopping centers, retail, there are apartments, four-star hotels, food & beverage facilities, cafes, restaurants, close to the MRT, close to
      public transportation, close to hospitals, close to the TB Simatupang office area.




                                                              Graha Pratama


      Deskripsi | Description
      Gedung perkantoran yang terletak di Jakarta Selatan dengan luas bangunan 24.686 m² terdiri dari 21 lantai dan 2 lantai basement
      yang dibangun pada 1995 dan diselesaikan pada 1997.
      Office building located in South Jakarta, with a total building area of 24,686 m2. It has 21 floors and 2 basement levels, constructed in
      1995 and was completed in 1997.



                  Kategori | Category                              Lokasi | Location                          Kepemilikan | Ownership
             Pengelolaan kantor dan ritel                  Jl. MT Haryono, Jakarta Selatan                           30% | 30%
                  Office and retail                            MT Haryono, South Jakarta



      Kemudahan | Amenities
      Pujasera, mini market, jalan tol, akses transjakarta, dekat dengan pusat perbelanjaan (Mal Kalibata, Kota Kasablanka).
      Food court, mini market, highway Trans Jakarta access, near shopping centers (Mal Kalibata, Kota Kasablanka).




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                                                   Club Pantai Mutiara


Deskripsi | Description
Fasilitas olahraga lengkap yang menawarkan suasana berbeda dengan pemandangan tepi laut Jakarta yang indah.
A comprehensive sports complex with a unique ambience conferred by the glorious view of Jakarta’s beachfront.


                        Kategori | Category                                                       Lokasi | Location
                    Pengelolaan klub olahraga                                           Pantai Mutiara, Pluit, Jakarta Utara
                     Sport club management                                              Pantai Mutiara, Pluit, North Jakarta


Fasilitas | Facilities
Gym, tenis meja, loker & ruang shower, sauna, kolam renang, restoran.
Gym, table tennis, lockers & shower room, sauna, swimming pool, restaurants.




                                                  Club Serenia Mansion


Deskripsi | Description
Klub eksklusif modern dengan sentuhan taman tropikal yang sejuk.
A modern exclusive club with a touch of soothing tropical garden.


                        Kategori | Category                                                       Lokasi | Location
                    Pengelolaan klub olahraga                                        Serenia Hills, Lebak Bulus, Jakarta Selatan
                     Sport club management                                            Serenia Hills, Lebak Bulus, South Jakarta


Fasilitas | Facilities
Kolam renang, mini soccer, futsal, gym, kafe, ruang serbaguna.
Swimming pool, mini soccer, futsal, gym, café, multi-function hall.




                                          Splash Swimming Pool & Gym


Deskripsi | Description
Klub Olahraga dengan nuansa teduh dan nyaman dengan ragam fasilitas pendukung
A sports club with a calm and comfortable feel, offering an array of supporting facilities.


                        Kategori | Category                                                       Lokasi | Location
                    Pengelolaan klub olahraga                                          Taman Semanan Indah, Jakarta Barat
                     Sport club management                                             Taman Semanan Indah, West Jakarta


Fasilitas | Facilities
Kolam renang semi rekreasi, pusat kebugaran, lapangan tenis, restoran, mini waterpark
Semi-recreational swimming pool, fitness center, tennis court, restaurants, mini waterpark.




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                                                       Runway Sports Club


      Deskripsi | Description
      Fasilitas kolam renang dan pusat kebugaran yang lengkap untuk membantu Anda menjaga hidup sehat.
      Swimming pool and fitness center facilities to help you maintain your healthy lifestyle.


                            Kategori | Category                                               Lokasi | Location
                         Pengelolaan klub olahraga                                         Aeropolis, Tangerang
                          Sport club management                                            Aeropolis, Tangerang


      Fasilitas | Facilities
      Pusat kebugaran, kolam renang ukuran olimpiade, area makanan dan minuman.
      Fitness center, olympic-size swimming pool, food & Beverage area.




                                                       ROCA Sports Center


      Deskripsi | Description
      Fasilitas olah raga dan club house modern dengan beragam fasilitas.
      Modern sports facilities and club house with various facilities.


                            Kategori | Category                                               Lokasi | Location
                         Pengelolaan klub olahraga                                Graha Famili, Surabaya Barat, Jawa Timur
                          Sport club management                                    Graha Famili, West Surabaya, East Jawa.


      Fasilitas | Facilities
      Kolam renang, gym, pusat yoga, panjat dinding, restoran.
      Swimming pool, gym, yoga center, wall climbing, restaurants.




                                                  Sports Club Talaga Bestari


      Deskripsi | Description
      Pusat kebugaran modern yang sangat cocok untuk dikunjungi bersama keluarga sambil menikmati akhir pekan.
      Modern fitness center well-suited for family’s weekend excursions.


                            Kategori | Category                                               Lokasi | Location
                         Pengelolaan klub olahraga                                       Talaga Bestari, Tangerang
                          Sport club management                                          Talaga Bestari, Tangerang


      Fasilitas | Facilities
      Kolam renang, gym, kafe, restoran.
      Swimming pool, gym, café, restaurants.




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                                       Golf Graha Famili & Country Club


Deskripsi | Description
Lapangan golf 18-hole dan 72-par ini menawarkan beragam tantangan seperti danau, sungai, bunker, dan bukit.
An 18-hole and 72-par golf course that offers various challenges such as flat area, pond, river, bunker, and hill.


                        Kategori | Category                                                         Lokasi | Location
               Pengelolaan klub olahraga dan golf                                           Graha Famili, Surabaya Barat
             Golf Course and Sport club management                                          Graha Famili, West Surabaya


Fasilitas | Facilities
Restoran, area pernikahan, ruang serbaguna, driving range.
Restaurants, wedding hall, multi-function hall, driving range.




                                                     Natura Club House


Deskripsi | Description
Fasilitas olah raga, kolam renang, dan club house modern dengan beragam fasilitas.
Modern sports facilities, swimming pool, and modern club house with various facilities.


                        Kategori | Category                                                         Lokasi | Location
                    Pengelolaan klub olahraga                                              Graha Natura, Surabaya Barat
                     Sport club management                                                 Graha Natura, West Surabaya


Fasilitas | Facilities
Kolam renang, gym, pusat yoga, restoran.
Swimming pool, gym, yoga center, restaurants.




                                                   Intiwhiz Hotel Chain


Deskripsi | Description
Intiwhiz International merupakan penyedia layanan hospitaliti dan pengelola jaringan hotel terdepan dan menjanjikan di Indonesia.
Semua jaringan hotel Intiwhiz dikelola secara profesional dengan standar layanan terbaik dan berkualitas dan berada di lokasi sangat
strategis dan dekat dengan berbagai fasilitas penunjang.
The Intiwhiz International is Indonesia’s leading and most promising hospitality management provider, with Intiwhiz hotel chain being
the business core. All the hotels developed under the Intiwhiz hotel chain are operated with internationally standard of quality service, and
each hotel is strategically located in close proximity to major amenities.



       Kategori | Category                                                      Lokasi | Location
    Pengelolaan jaringan Hotel            Jakarta, Semarang, Bali, Yogyakarta, Surabaya, Manado, Balikpapan, Samarinda, Padang,
     Hotel chain management                                   Trawas, Bromo dan sejumlah kota di Indonesia.
                                           Jakarta, Semarang, Bali, Yogyakarta, Surabaya, Manado, Balikpapan, Samarinda, Padang,
                                                                Trawas, Bromo, and several cities in Indonesia.




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               Kepemilikan | Ownership                      Jumlah Hotel | Total Hotels                      Jumlah Kamar | Total Room
                      30% | 30%                                   23 hotel / hotels                          2.947 kamar / 2,947 rooms



      Kemudahan | Amenities
      Menyediakan beragam jenis kebutuhan akomodasi mulai dari Whiz Capsule, Whiz Hotel (bintang dua plus), Whiz Prime Hotel (bintang
      tiga), Grand Whiz Hotel (bintang empat), Whiz Luxe (bintang lima), Whiz Residence dan Swift Inn dengan keunggulan sebagai berikut:
      Providing various types of accommodation suited to different needs, starting from Whiz Capsule, Whiz Hotel (two-plus stars), Whiz Prime
      Hotel (three stars), Grand Whiz Hotel (four stars), Whiz Luxe (five-stars), Whiz Residence and Swift Inn, with the advantages as follows:


      •    Kemudahan akses dan lokasi strategis | Easy access and strategic location
      •    Tidur yang lelap dengan kasur berkualitas | Good sleep with quality mattress and linen
      •    Kamar mandi yang nyaman | Good shower
      •    Konektivitas | Connectivity
      •    Bergaya modern | Stylish and modern
      •    Ramah dan menyenangkan | Friendly and fun




      PENGEMBANGAN MASA DEPAN                                               FUTURE DEVELOPMENT
      Di tahun 2025, Intiland masih fokus untuk meningkatkan kon-           In 2025, Intiland remains focused on strengthening recurring in-
      tribusi pendapatan berulang untuk mempekuat kinerja penda-            come to enhance the performance of its operating revenue, par-
      patan usaha yang berasal dari segmen properti investasi. Pen-         ticularly from the investment property segment. Revenue from
      dapatan pada segmen ini berasal dari penyewaan perkantoran,           this segment is derived from office leasing, estate management,
      pengelolaan fasilitas kawasan, sarana olah raga, hingga inves-        sports facilities, and investment returns. The Company’s efforts
      tasi. Upaya tersebut diantaranya akan dilakukan melalui rencana       include future development plans for office buildings, continued
      pengembangan gedung-gedung perkantoran di masa mendata-               management of industrial and residential estates, as well as ex-
      ng, pengelolaan kawasan industri maupun kawasan perumahan,            pansion of sports club facilities.
      hingga menambah fasilitas klub olah raga.




      Tinjauan Keuangan Segmen Properti Investasi
      Financial Overview of Investment Properties Segmen

      Dalam jutaan Rupiah | In millions of Rupiah


      Pendapatan Berulang                    2024          % terhadap             2023         % terhadap       Pertumbuhan         Persentase
      Recurring Income                                     Pendapatan                          Pendapatan            Growth         Percentage
                                                      % to the Revenue                    % to the Revenue

      Pendapatan | Revenue                883.754                100%          771.267               100%            112.487             14.58%
      Beban Pokok | Cost of Sales         689.996               78,08%         627.410              81,35%            62.585              9.98%
      Laba Kotor | Gross Profit           193.758               21,92%         143.857              18,65%            49.901             34.69%




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PT Intiland Development Tbk                                                                       Management Discussion and Analysis




Tinjauan Laporan Keuangan
Overview on Financial Statement

Aset | Assets
Dalam jutaan Rupiah | In millions of Rupiah


Uraian | Description                                                          2024             2023      Pertumbuhan        Persentase
                                                                                                              Growth        Percentage

Aset | Assets                                                         13.703.553         14.603.908           -900.355          -6,17%
      Aset Lancar | Current Assets                                        3.870.567        4.734.770          -864.202        -18,25%
            Kas dan Setara Kas | Cash and Cash Equivalent                  752.320          954.308           -201.988        -21,17%
            Persediaan | Inventories                                      2.455.486        3.050.818          -595.333        -19,51%
            Aset Lancar lainnya | Non Current Assets                       662.761          729.643            -66.882          -9,17%
      Aset tidak lancar | Non Current Assets                              9.832.986        9.869.138           -36.153          -0,37%
            Investasi Saham | Share Investment                             454.975          452.505              2.471          0,55%
            Persediaan | Inventories                                      2.754.565        2.843.950           -89.385          -3,14%
            Tanah yang belum Dikembangkan                                 3.896.603        3.659.396          237.207           6,48%
            / Land for Development
            Aset Tetap – Bersih | Property & Equipment – Net               384.463          363.778             20.685          5,69%
            Properti Investasi – Bersih | Investment Property – Net       1,638.491        1.749.636          -111.145          -6,35%
            Aset tidak Lancar Lainnya /Other Non Current Assets            703.887          799.873            -95.985        -12,00%



Pada tahun 2024 aset Perseroan mengalami penurunaan sebe-             In 2024, the Company’s assets decreased by Rp900 billion or
sar Rp900 miliar atau 6,17%, hal ini terutama disebabkan oleh:        6.17%, primarily due to:
•    Penurunaan kas dan setara kas sebesar Rp202 miliar atau          •    A decrease in cash and cash equivalents by Rp202 billion
     17,37%, hal ini merupakan impact dari penurunan utang,                or 17.37%, which was impacted by the repayment of both
     baik utang bank maupun utang sukuk yang telah jatuh                   bank loans and matured sukuk obligations in 2024.
     tempo pada tahun 2024.
•    Penurunan piutang usaha baik pihak berelasi ataupun              •     A decrease in trade receivables, both from related parties
     pihak ketiga sebesar Rp78 miliar atau 28,51%.                          and third parties, by Rp78 billion or 28.51%.
•    Penurunan persediaan, baik persediaan lancar maupun              •      decrease in inventory, including both current and non-cur-
     tidak lancar sebesar Rp685 miliar atau 10,14%.                         rent inventory, by Rp685 billion or 10.14%.



Liabilitas | Liability
Dalam jutaan Rupiah | In millions of Rupiah


Uraian | Description                                                          2024             2023      Pertumbuhan        Persentase
                                                                                                              Growth        Percentage

Liabilitas | Liabilities                                                  6.956.641        8.064.727        -1.108.086        -13,74%
      Liabilitas Jangka Pendek | Current Liabilities                      3.583.108        4.125.386          -569.608        -13,72%
            Utang Bank Jangka Pendek /Short-term Bank Loan                1.045.556        1.248.880          -203.324        -16,28%
            Liabilitas Kontrak | Contract Liability                       1.162.804        1.419.624          -256.820        -18,09%
            Bagian Liabilitas Jangka Panjang yang akan jatuh               498.468          315.325           183.142          58,08%
            tempo dalam waktu satu tahun
            / Current Portion Long-term Liabilities
            Liabilitas Jangka Pendek Lainnya                               876.280         1.168.888          -292.608        -25,03%
            / Other Current Liabilities
      Liabilitas Jangka Panjang/ Non Current Liabilities                  3.373.532        3.912.010          -538.478        -13,76%



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      Analisa dan Pembahasan Manajemen                                                                          Laporan Tahunan | Annual Report 2024



                 Liabilitas Kontrak | Contract Liability                        95.107           167.633            -72.526         -43,26%
                 Bagian Liabilitas Jangka Panjang setelah dikurangi           2.565.001        3.161.245           -596.245         -18,86%
                 yang akan jatuh tempo dalam waktu satu tahun
                 / Long-term Liabilities net of Current Portion
                 Liabilitas tidak Lancar Lainnya                               713.425           583.132            130.293          22,34%
                 / Other Non Current Liabilities



      Pada tahun 2024, liabilitas Perseroaan mengalami penurunan          In 2024, the Company’s liabilities decreased by Rp1,108 billion or
      sebesar Rp1.108 miliar atau 13,74%, yang terutama disebabkan        13.74%, primarily due to:
      oleh:
      •     Penurunan utang bank, baik jangka panjang maupun jang-        •     A reduction in bank loans, both long-term and short-term,
            ka pendek, sebesar Rp496 miliar akibat pelunasan, terma-            by Rp496 billion due to repayments, including those to Bank
            suk kepada Bank Pan Indonesia, Bank Woori, Bank CCB, dan            Pan Indonesia, Bank Woori, Bank CCB, and Bank Victoria.
            Bank Victoria.
      •     Penurunan nilai liabilitas kontrak baik jangka panjang mau-   •     A decrease in contract liabilities, both long-term and short-
            pun jangka pendek sebesar Rp329 miliar atau 9,50%.                  term, by Rp329 billion or 9.50%.
      •     Pembayaran utang sukuk sebesar Rp125 miliar, karena te-       •     The repayment of sukuk obligations amounting to Rp125
            lah jatuh tempo pada tahun 2024.                                    billion, as they matured in 2024.



      Ekuitas | Equity
      Dalam jutaan Rupiah | In millions of Rupiah


      Uraian | Description                                                        2024              2023      Pertumbuhan         Persentase
                                                                                                                   Growth         Percentage

      Ekuitas | Equity                                                        6.746.912        6.539.181            207.731           3,18%
           Pemilik Entitas Induk | Owners of the Parent Entity                5.574.604        5.307.417            267.187           5,03%
                Modal Saham | Capital Stock                                   2.591.464        2.591.464                              0,00%
                Tambahan Modal Disetor – Bersih                               1.096.320        1.096.320                              0,00%
                 Additional Paid in Capital –Net
                Komponen Ekuitas Lainnya                                       514.291           425.114             89.176          20,98%
                Other Equity Components
                Saldo Laba | Retained Earning                                 1.372.530        1.194.519            178.011          14,90%
           Kepentingan Non Pengendali                                         1.172.308        1.231.764            -59.456           -4,83%
           Non Controlling Interest



      Ekuitas Perseroan pada tahun 2024 mengalami peningkatan             The Company’s equity increased by Rp208 billion in 2024, pri-
      sebesar Rp208 miliar, yang terutama disebabkan oleh:                marily due to:
      •    Laba komprehensif sebesar Rp267 miliar, yang terbagi anta-     •    Comprehensive income of Rp267 billion, allocated between
           ra entitas induk dan kepentingan non-pengendali.                    the parent entity and non-controlling interests.
      •    Penurunan kepentingan non-pengendali sebesar Rp149             •    A decrease in non-controlling interests by Rp149 billion due
           miliar akibat perubahan modal di entitas anak, termasuk             to changes in subsidiary capital, including capital reduc-
           pengurangan modal, peningkatan modal, penjualan seba-               tions, capital increases, partial divestment of ownership in
           gian kepemilikan di entitas anak, serta pembagian dividen           subsidiaries, and dividend distribution to non-controlling
           kepada kepentingan non-pengendali.                                  interests.
      •    Penambahan sebesar Rp89 miliar pada selisih nilai transak-     •    An increase of Rp89 billion in the difference in transaction
           si dengan kepentingan non-pengendali sebagai akibat dari            value with non-controlling interests, resulting from the par-
           penjualan sebagian kepemilikan di entitas anak.                     tial divestment of ownership in a subsidiary.




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Laporan Laba Rugi | Income Statements
Dalam jutaan Rupiah | In millions of Rupiah


Uraian | Description                                                     2024               2023     Pertumbuhan         Persentase
                                                                                                          Growth         Percentage

Pendapatan Usaha | Revenue                                           2.553.285         3.906.826         -1.353.541         -34,65%
Beban Pokok Penjualan dan Beban Langsung                             1.767.933         2.321.031           -553.097         -23,83%
/ Cost of Sales and Direct Cost
Laba Kotor | Gross Profit                                             785.352          1.585.796           -800.444         -50,48%
Laba Usaha | Operational Income                                       454.231          1.270.469           -816.238         -64,25%
Laba Sebelum Pajak Penghasilan | Profit Before Tax                    407.086           853.895            -446.809         -52,33%
Laba Tahun Berjalan | Profit for the Year                             263.852           758.028            -494.177         -65,19%




Pendapatan Usaha | Revenues
Dalam jutaan Rupiah | In millions of Rupiah


Uraian | Description                                     2024         % terhadap          2023          % terhadap Pertumbuhan
                                                                      Pendapatan                        Pendapatan      Growth
                                                                 % to the Revenue                  % to the Revenue

Pendapatan | Revenue                                 2.553.285          100,00%      3.906.826             100,00%          -34,65%
    Pendapatan dari Pengembangan                     1.669.532           65,39%      3.135.559              80,26%          -46,75%
    /Development Income
          Perumahan /Landed residential               659.423            25,83%        861.503              22,05%          -23,46%
          Mixed-use & High-rise                       371.760            14,56%      2.027.851              51,91%          -81,67%
          /Mixed-use & High-rise
          Kawasan Industrial /Industrial Estate       638.349            25,00%        246.205               6,30%         159,28%
    Pendapatan Berulang /Recurring Income             883.754            34,61%        771.267              19,74%           14,58%
          Persewaan /Rental Space                     259.273            10,15%        228.754               5,86%           13,37%
          Sarana Olahraga dan Fasilitas               477.450            18,70%        424.378              10,86%           12,49%
          /Sportclub & Facilities
          Kawasan Industri /Industrial Estate         105.888              4,15%        99.431               2,55%            6,49%
          Hotel /Hotel                                 39.452              1,55%        17.664               0,45%         123,35%
          Lain-lain /Others                             1.691              0,07%          1.040              0,03%           62,61%



Pada tahun 2024, pendapatan yang diakui Perseroan mengalami       In 2024, the Company’s recognized revenue experienced a sig-
penurunan signifikan sebesar Rp1.353 miliar atau 34,65%. Penu-    nificant decline of Rp1,353 billion, or 34.65%. This decrease was
runan ini terutama disebabkan oleh berkurangnya pengakuan         primarily due to lower revenue recognition from development
pendapatan dari aktivitas pengembangan, khususnya di sektor       activities, particularly in the Mixed-Use & High-Rise sector. A key
Mixed-Use & High-Rise. Salah satu faktor utama adalah proyek      factor was the Fifty Seven Promenade project, which was com-
Fifty Seven Promenade, yang telah selesai dibangun pada akhir     pleted at the end of 2022. The peak of unit handovers (BAST) oc-
2022. Puncak serah terima unit (BAST) terjadi pada tahun 2023,    curred in 2023, resulting in higher recognized revenue that year
sehingga pendapatan yang diakui pada tahun tersebut lebih         compared to 2024.
tinggi dibandingkan dengan 2024.




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      Analisa dan Pembahasan Manajemen                                                                      Laporan Tahunan | Annual Report 2024


      Beban Operasional | Operating Expenses
      Dalam jutaan Rupiah | In millions of Rupiah


      Uraian | Description                                                                  2024               2023       Pertumbuhan
                                                                                                                               Growth

      Biaya Penjualan | Marketing Expenses                                                    58.948         48.693              21,06%
           Promosi dan Iklan | Promotion and Advertising                                      29.742         33.837             -12,10%
           Komisi Penjualan | Sales Commission                                                29.205         14.744              98,08%
           Lain-lain | Others                                                                                    112           -100,00%
      Biaya Umum dan Administrasi                                                           272.173         266.633                2,08%
      | General and Administrative Expenses
           Gaji dan Upah | Salaries and Wages                                               164.237         160.537                2,30%
           Pajak dan Perijinan | Tax and Licenses                                             31.696         36.640             -13,49%
           Imbalan Kerja Jangka Panjang                                                       11.275         10.326                9,20%
           | Long-term Employee Benefit
           Jasa Profesional | Professional fees                                               12.837         10.717              19,78%
           Penyusutan | Depreciation                                                           4.602           4.891              -5,91%
           Lain-lain | Others                                                                 47.526         43.523                9,20%
      Jumlah | Total                                                                        331.121         315.327                5,01%



      Pada tahun 2024, beban usaha Perseroan meningkat sebesar         In 2024, the Company’s operating expenses increased by Rp 16
      Rp16 miliar atau 5,01%. Peningkatan ini terutama disebabkan      billion, or 5.01%. This increase was primarily due to:
      oleh:
      •     Kenaikan biaya penjualan sebesar Rp10 miliar, yang dipe-   •   A Rp10 billion rise in selling expenses, driven by a Rp14 bil-
            ngaruhi oleh peningkatan beban komisi sebesar Rp14 mi-          lion increase in commission costs, partially offset by a Rp4
            liar, meskipun diiringi dengan penurunan beban promosi          billion reduction in promotional expenses.
            sebesar Rp4 miliar.
      •     Peningkatan biaya gaji sebesar Rp4 miliar.                •   A Rp4 billion increase in salary expenses.




      Penghasilan (Beban) Lain-lain | Other Income (Expenses)
      Dalam jutaan Rupiah | In millions of Rupiah


      Uraian | Description                                                                  2024               2023       Pertumbuhan
                                                                                                                               Growth

      Penghasilan & Beban Lain-lain |Other Income & Expenses                                 -47.145       -416.574             -88,68%
           Pendapatan Bunga | Interest Income                                                 19.563         24.284             -19,44%
           Keuntungan (kerugian) mata uang asing                                                 127          -1.780           -107,12%
           | Gain (Loss) on Foreign Exchange
           Keuntungan (Kerugian) Penjualan Aset                                                  384             836            -54,02%
           | Gain (Loss) on Sale of Property and Equipment
           Beban Bunga | Interest Expenses                                                 -359.417        -389.477               -7,72%
           Dampak Pendiskontoan Liabilitas Keuangan                                           73.340       -187.379             -81,49%
           | Impact of Discounting Fianncial Liabilities
           Ekuitas pada Laba Bersih Entitas Asosiasi                                         -97.839        396.155             -47,79%
           /Share in Net Income in Associate Companies
           Lain-lain | Others                                                               316.696        -259.213            -222,18%




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LABA SEBELUM PAJAK                                                     INCOME BEFORE TAX
Laba sebelum pajak Perseroan pada tahun 2024 mengalami pe-             The Company’s profit before tax in 2024 decreased by Rp447 bil-
nurunan sebesar Rp447 miliar atau 55,33%. Hal ini merupakan            lion or 55.33%. This decline was a direct impact of the decrease
dampak atas penurunan pendadapatan.                                    in revenue.



Laporan Arus Kas | Analysis on Cash Flow Statement
Dalam jutaan Rupiah | In millions of Rupiah


Uraian | Description                                                                         2024              2023       Pertumbuhan
                                                                                                                               Growth

Jumlah Arus Kas Bersih | Total Net Cash Flow                                                -201.988       -208.383              -3,07%
Kas Bersih yang digunakan untuk Aktifitas Operasional                                        164.288        -94.263           -274,29%
| Net Cash use in Operating Activities
Kas Bersih yang Diperoleh dari (Digunakan untuk) Aktifitas Investasi                         -85.291        411.312           -120,74%
| Net Cash Used in Investing Activities
Kas Bersih yang Didapat dari (Digunakan untuk) Aktifitas Pembiayaan                         -281.179       -525.225             -46,46%
| Net Cash Received from (Use in) 0020Financing Activities
Pengaruh Perubahan Kurs Mata Uang Asing                                                          194            -207          -193,59%
/ Effect of Change in Currency




ANALISIS ARUS KAS KONSOLIDASIAN                                        CONSOLIDATED CASH FLOW ANALYSIS

Kas Bersih yang digunakan untuk Aktifitas Operasional                  Cash Flows use in Operating Activities
Kas yang diterima dari aktivitas operasional pada tahun 2024           Cash received from operating activities in 2024 increased by
mengalami peningkatan sebesar Rp258 miliar. Peningkatan ini            Rp258 billion, primarily driven by:
terutama didorong oleh:
•    Kenaikan penerimaan dari pelanggan sebesar Rp159 miliar.          •    An increase in customer receipts of Rp159 billion.
•    Penurunan pembayaran kepada pemasok dan kontraktor               •    A decrease in payments to suppliers and contractors of
      sebesar Rp97 miliar.                                                  Rp97 billion.


Arus Kas yang digunakan untuk Aktifitas Investasi                      Cash Flow use in Investing Activities
Pada tahun 2024, arus kas yang digunakan untuk aktivitas inves-        In 2024, cash flows used for investment activities increased by
tasi meningkat sebesar Rp496 miliar. Peningkatan ini terutama          Rp496 billion. This increase was primarily due to:
disebabkan oleh:
•    Pada tahun 2023, terdapat penerimaan dari piutang lain-           •    n 2023, there was a receipt of Rp253 billion from other re-
     lain sebesar Rp253 miliar, yang tidak terjadi di tahun 2024.           ceivables, which did not occur in 2024.
•    Pada tahun 2024, terdapat pengeluaran untuk penam-                •    In 2024, there were expenditures for capital increases in an
     bahan modal di entitas asosiasi sebesar Rp82 miliar serta              associate entity amounting to Rp82 billion and payments
     pembayaran terkait penurunan modal di entitas anak sebe-               related to capital reductions in a subsidiary amounting to
     sar Rp131 miliar.                                                      Rp131 billion.


Kas Bersih yang digunakan untuk Aktifitas Pendanaan                    Cash Flows use in Financing Activities
Pada tahun 2024, arus kas yang digunakan untuk aktivitas pen-          In 2024, cash flows used for financing activities decreased by
danaan menurun sebesar Rp244 miliar. Penurunan ini terutama            Rp244 billion. This decline was primarily due to:
disebabkan oleh:
•    Peningkatan penerimaan dari utang bank jangka panjang             •    An increase in proceeds from long-term bank loans amount-
     sebesar Rp171 miliar.                                                  ing to Rp171 billion.
•    Penerimaan kas sebesar Rp101 miliar dari penjualan seba-          •    Cash inflows of Rp101 billion from the partial sale of owner-
     gian kepemilikan di entitas anak.                                      ship in a subsidiary.




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      Analisa dan Pembahasan Manajemen                                                                           Laporan Tahunan | Annual Report 2024



      Informasi Penting Lainnya
      Other Important Information

      STRUKTUR MODAL DAN KEBIJAKAN STRUKTUR                                CAPITAL STRUCTURE AND CAPITAL STRUCTURE
      MODAL                                                                POLICY
      Tujuan utama Perseroan dalam pengelolaan modal adalah                The main objective of the Company in its capital management is
      mengoptimalisasi saldo utang dan ekuitas Perseroan dalam             to optimize the balance of the Company’s debt and equity in or-
      rangka mempertahankan perkembangan bisnis di masa depan              der to ensure future business development and maximize share-
      dan memaksimalkan nilai pemegang saham. Perseroan men-               holder value. The Company manages its capital structure and
      gelola struktur modal dan membuat penyesuaian yang diper-            makes necessary adjustments by taking into account the chang-
      lukan dengan memperhatikan perubahan kondisi ekonomi dan             es in the economic conditions and its own strategic objectives.
      tujuan strategis Perseroan.


      Kebijakan manajemen atas struktur modal ditujukan untuk              The management policy on capital structure is intended to pro-
      melindungi kemampuan Perseroan dalam mempertahankan                  tect the Company’s ability to ensure its business continuity so
      kelangsungan usaha, sehingga Perseroan dapat tetap mem-              that the Company can continue to provide returns to the share-
      berikan hasil bagi pemegang saham dan manfaat bagi seluruh           holders and benefits to all stakeholders. The capital structure
      pemangku kepentingan lainnya. Kebijakan struktur modal juga          policy is also aimed at the shareholders by determining the pri-
      ditujukan kepada pemegang saham dengan menentukan harga              ces of products and services commensurate with the level of risk.
      produk dan jasa yang sepadan dengan tingkat risiko.



      KEMAMPUAN MEMBAYAR UTANG                                             DEBT-PAYING ABILITY
      Kemampuan perusahaan dalam memenuhi kewajiban finansi-               The Company’s ability to meet its financial obligations is a criti-
      alnya merupakan aspek penting yang sangat diperhatikan. Solva-       cal aspect that receives significant attention. Solvency serves as
      bilitas menjadi indikator utama dalam mengukur kemampuan             a key indicator in assessing the Company’s capability to settle all
      Perusahaan untuk melunasi seluruh liabilitasnya, baik jangka         of its liabilities, both short-term and long-term. Solvency analysis
      pendek maupun jangka panjang. Analisis solvabilitas umumnya          is typically conducted using various financial ratios. Evaluating
      dilakukan melalui berbagai rasio keuangan. Evaluasi rasio-rasio      these ratios helps assess the level of financial risk and the sus-
      ini membantu dalam menilai tingkat risiko keuangan serta ke-         tainability of the Company’s operations in the future. The follow-
      berlanjutan operasional Perusahaan di masa mendatang. Beri-          ing provides a detailed explanation of the Company’s solvency:
      kut detail penjelasan mengenai solvabilitas Perseroan:


      Solvabilitas                                                         Solvency
      Solvabilitas atau kemampuan Perseroan dalam memenuhi ke-             Solvency or the ability of the Company to service its obligations,
      wajiban ditunjukkan dari tingkat likuiditas yang dimiliki.           is indicated by the Company’s level of liquidity.


      Rasio Likuiditas                                                     Liquidity Ratio
      Rasio kas Perseroan pada tahun 2024 tercatat sebesar 21,00%,         The Company’s cash ratio in 2024 was recorded at 21.00%, re-
      mengalami penurunan sebesar 1,98% dibandingkan dengan ta-            flecting a decrease of 1.98% compared to 2023. This decline was
      hun 2023. Penurunan ini disebabkan oleh berkurangnya kas dan         primarily due to a reduction in cash and cash equivalents, which
      setara kas, yang sebagian besar digunakan untuk memenuhi ke-         were largely used to fulfill maturing obligations.
      wajiban yang jatuh tempo.


      Rasio Solvabilitas                                                   Solvency Ratio
      Rasio utang bersih Perseroan pada tahun 2024 tercatat sebesar        The Company’s net debt ratio in 2024 was recorded at 50.35%,
      50,35%, mengalami penurunan sebesar 8,14% dibandingkan               reflecting a decrease of 8.14% compared to 2023. This decline in-
      dengan tahun 2023. Penurunan ini mencerminkan berkurangnya           dicates a reduction in the Company’s net debt burden, primarily
      beban utang bersih Perusahaan, yang terutama disebabkan oleh         due to the repayment of maturing bank loans and sukuk. Addi-
      pembayaran utang bank dan sukuk yang telah jatuh tempo. Se-          tionally, an increase in cash from operating activities contributed
      lain itu, peningkatan kas dari aktivitas operasional turut berkon-   to the lower net debt ratio, strengthening the Company’s finan-
      tribusi dalam mengurangi rasio utang bersih, sehingga mem-           cial position.
      perkuat posisi keuangan Perusahaan.




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Rasio Solvabilitas dan Rasio Likuiditas | Solvency and Liquidity Ratios
Dalam miliar Rupiah | In billion Rupiah


Uraian | Description                                                                                       2024                        2023


Rasio Solvabilitas | Solvency Ratios
      Rasio utang bersih terhadap ekuitas | Net debt to equity ratio                                        50,35%                58,49%
      Rasio liabilitas terhadap ekuitas | Liabilities to equity ratio                                      103,11%              123,33%
      Rasio utang terhadap asset | Debt to assets ratio                                                     30,28%                32,72%
Rasio Likuiditas | Liquidity Ratios
      Rasio kas | Cash ratio                                                                                21,00%                22,98%
      Rasio lancar | Current ratio                                                                         108,02%              114,02%




KOLEKTABILITAS PIUTANG                                                     RECEIVABLES COLLECTABILITY
Pada tahun 2024, umur piutang rata-rata tercatat sebesar 38                In 2024, the average accounts receivable turnover period was re-
hari, menunjukkan waktu yang dibutuhkan Perusahaan untuk                   corded at 38 days, indicating the time required for the Company
menagih piutang dari pelanggan. Sementara itu, tingkat kolek-              to collect payments from customers. Meanwhile, the receivables
tabilitas piutang mencapai 88,71%, mencerminkan efektivitas                collectibility rate reached 88.71%, reflecting the Company’s ef-
Perusahaan dalam mengelola dan menagih piutang. Angka ini                  fectiveness in managing and collecting outstanding payments.
menunjukkan bahwa sebagian besar piutang dapat tertagih                    This figure suggests that the majority of receivables were suc-
dengan baik, meskipun masih terdapat risiko terkait piutang                cessfully collected, though some risks remain regarding uncol-
yang belum terselesaikan. Rasio ini menjadi indikator penting              lected amounts. These metrics serve as key indicators for assess-
dalam menilai likuiditas serta efisiensi manajemen kredit peru-            ing the Company’s liquidity and credit management efficiency.
sahaan.


IKATAN MATERIAL UNTUK INVESTASI BARANG                                     MATERIAL COMMITMENT FOR CAPITAL GOODS IN-
MODAL                                                                      VESTMENT
Hingga akhir tahun 2024, Perseroan tidak memiliki ikatan mate-             Until the end of 2024, the Company has no material commit-
rial untuk investasi barang modal.                                         ment for investment in capital goods.


REALISASI INVESTASI BARANG MODAL TAHUN 2024                                REALIZED CAPITAL GOODS INVESTMENT IN 2024
Di tahun 2024, Perseroan melakukan investasi barang modal                  In 2024, the Company invested capital expenditures amounting
sebesar Rp53 miliar yang terutama digunakan untuk penggan-                 to Rp53 billion, primarily used for the replacement of fixed as-
tian aset tetap.                                                           sets.

TARGET DAN REALISASI TAHUN 2024 SERTA TARGET                               TARGET AND REALIZATION IN 2024 AND TARGET IN
2025                                                                       2025
Informasi mengenai target dan realisasi tahun 2024 dan target              Information on the target with realization in 2024 and the 2025
tahun 2025 terdiri dari marketing sales, pendapatan usaha, laba            target consisting of marketing sales, revenue, net profit, and
bersih, dan struktur modal, dijabarkan sebagai berikut:                    capital structure is described as follows:



                                                                                          2024
Keterangan / Remarks                                                                 Target                  Realisasi / Realization          %
                                                                  (dalam miliaran Rupiah                   (dalam miliaran Rupiah
                                                                       / in billion Rupiah)                     / in billion Rupiah)

Marketing Sales                                                                      2.003                                    1.639           82
Pendapatan Usaha | Revenue                                                           3.075                                    2.553           83
Laba Tahun Berjalan | Net Profit                                                      141                                      264        186
Struktur Modal | Capital Structure                   Tidak ada target untuk rasio utang       Rasio utang bersih terhadap ekuitas
                                                                 bersih terhadap ekuitas.                            sebesar 50,3%.
                                                  There is no target for net gearing ratio               Net gearing ratio is 50.3%




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      Analisa dan Pembahasan Manajemen                                                                        Laporan Tahunan | Annual Report 2024


      TARGET TAHUN 2025                                                 2025 TARGET

      Marketing Sales                                                   Marketing Sales
      Perseroan mencermati pasar properti di tahun 2025 masih           The Company observes that the property market in 2025 still fa-
      menghadapi banyak tantangan untuk dapat tumbuh secara             ces many challenges to achieve significant growth. In addition to
      signifikan. Selain dipengaruhi oleh sejumlah faktor eksternal     being influenced by several unfavorable external factors, market
      yang kurang mendukung, tingkat permintaan pasar terhadap          demand for property products has not fully recovered across all
      produk-produk properti belum sepenuhnya pulih di semua seg-       development segments. Considering the market dynamics and
      men pengembangan. Mempertimbangkan dinamika dan pros-             prospects, the Company tends to adopt a conservative approach
      pek pasar, Perseroan cenderung mengambil langkah konservatif      in setting its sales performance targets. For 2025, the Company
      dalam menentukan target kinerja penjualan. Untuk tahun 2025,      aims to achieve marketing sales of Rp2 trillion. To reach this tar-
      Perseroan menargetkan marketing sales Rp2 triliun. Untuk men-     get, the Company will continue to rely on the sales of property
      capai target tersebut, Perseroan masih akan mengandalkan pen-     units in the residential development and industrial estate seg-
      jualan unit-unit properti pada segmen pengembangan peruma-        ments.
      han dan kawasan industri.


      Pendapatan Usaha                                                  Revenue
      Perseroan memproyeksikan pendapatan usaha di tahun 2025           The Company projected that its revenue in 2025 will be bet-
      akan lebih baik dibandingkan tahun 2024. Perseroan menetap-       ter compared to 2024. The Company has set a revenue target
      kan target pendapatan usaha tahun 2025 sebesar Rp2,53 triliun     of Rp2.53 trillion for 2025, derived from the sales recognition
      yang berasal dari pengakuan penjualan dari unit-unit properti,    from property units, including those from the landed residential,
      antara lain dari segmen perumahan, apartemen, dan kawasan         apartments, and industrial estate segments.
      industri.

      Laba Bersih                                                       Net Income
      Di tahun 2025, Perseroan memperkirakan akan mengalami te-         In 2025, the Company expects to experience pressure on its
      kanan pada kinerja profitabilitas. Perseroan menargetkan laba     profitability performance. The Company has set a target for net
      bersih tahun 2025 sebesar Rp58 miliar atau mengalami penu-        profit in 2025 of Rp58 billion, representing a decrease compared
      runan dibandingkan tahun 2024.                                    to 2024.




      Tabel Target tahun 2025 | Table of 2025 Targets
      Dalam miliar Rupiah | In billion Rupiah


      Keterangan / Remarks                                              Target 2025                      Realisasi 2024                 %
                                                                        2025 Target                    2024 Realization


      Marketing Sales                                                         2.005                                1.639                22
      Pendapatan Usaha | Revenue                                              2.531                                2.553                -1
      Laba Tahun Berjalan | Net Profit                                           58                                  264               -78




      Transaksi dan Fakta Material yang Terjadi Setelah                 Material Transactions and Facts After the Accoun-
      Tanggal Laporan Akuntan                                           tant’s Report Date
      Perseroan tidak memiliki transaksi dan fakta material yang ter-   There is no material transactions and facts after the accountant’s
      jadi setelah tanggal pelaporan Akuntan.                           report data.


      Peristiwa-peristiwa yang terjadi setelah periode pelaporan yang   Post year-end events that provide additional information about
      menyediakan tambahan informasi mengenai posisi keuangan           the consolidated statement of financial position at the reporting
      konsolidasian Perseroan pada tanggal laporan posisi keuangan      date (adjusting events), if any, are reflected in the consolidated
      konsolidasian (peristiwa penyesuai), jika ada, telah tercermin    financial statements.
      dalam laporan keuangan konsolidasian.




152
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PT Intiland Development Tbk                                                                      Management Discussion and Analysis


PROSPEK USAHA                                                       BUSINESS PROSPECT
Memasuki tahun 2024, pasar properti Indonesia menunjukkan           Entering 2024, Indonesia’s property market has shown signs
tanda-tanda membaik, meskipun dengan karakteristik yang             of improvement, although with varying characteristics across
bervariasi di setiap segmen pengembangan. Perseroan melihat         different development segments. The Company observes several
beberapa faktor yang memengaruhi pasar properti tahun 2024,         key factors influencing the property market in 2024, including
antara lain kondisi makroekonomi dan kebijakan moneter, di-         macroeconomic and monetary conditions, political dynamics af-
namika politik yang berdampak pada sentimen investor, hingga        fecting investor sentiment, as well as government regulations
regulasi dan stimulus yang diberikan pemerintah. Stabilitas         and stimulus policies. Macroeconomic stability serves as one of
makroekonomi menjadi salah satu fondasi utama dalam per-            the key foundations for property market performance. A stable
gerakan pasar properti. Nilai tukar rupiah yang stabil, ditambah    rupiah exchange rate, coupled with Bank Indonesia’s accommo-
dengan kebijakan moneter akomodatif dari Bank Indonesia yang        dative monetary policy of maintaining the benchmark interest
mempertahankan suku bunga acuan di level 6%, menciptakan            rate at 6%, has created a favorable environment for the sector’s
lingkungan yang kondusif bagi pertumbuhan sektor ini. Selain        growth. In addition, a controlled inflation rate within the range
itu, dengan tingkat inflasi terkendali dalam kisaran 2,5±1% tu-     of 2.5±1% has helped maintain consumer purchasing power,
rut menjaga daya beli masyarakat, sehingga mendukung per-           supporting demand in the property sector—particularly in the
mintaan properti, khususnya di segmen perumahan.                    residential segment.


Pasar properti di tahun 2024 terutama ditopang oleh pembe-          In 2024, the property market has been primarily supported by
lian oleh pembeli akhir (end-user). Sebaliknya, investor properti   end-user purchases. In contrast, property investors remain cau-
cenderung masih cenderung bersikap wait and see, terutama           tious, mostly adopting a wait-and-see approach amid the politi-
menunggu perubahan pasca penyelenggaraan Pemilu 2024.               cal transition following the 2024 General Elections. The Compa-
Perseroan mengapresiasi kebijakan dan stimulus pemerintah           ny appreciates the government’s policies and stimulus programs
untuk mendukung kemajuan sektor properti. Pemerintah terus          in supporting the property sector’s growth. One such effort is
berupaya mendorong pertumbuhan sektor properti melalui ke-          the extension of the government-borne Value Added Tax (VAT)
bijakan stimulus, termasuk perpanjangan program Pajak Per-          incentive program (PPN DTP) through the end of 2024. This poli-
tambahan Nilai Ditanggung Pemerintah (PPN DTP) hingga akhir         cy provides a significant incentive for homebuyers, especially for
2024. Kebijakan ini memberikan insentif besar bagi pembeli,         properties priced up to Rp5 billion.
khususnya untuk properti dengan harga maksimal Rp5 miliar.


Di sepanjang tahun 2024, Perseroan mencermati segmen pe-            Throughout the year, the residential segment has remained the
rumahan tetap menjadi pilar utama pertumbuhan pasar pro-            main driver of the property market. The highest demand has
perti sepanjang tahun 2024. Permintaan terbesar datang dari         come from end-users, particularly young families and first-time
end-user, terutama keluarga muda dan first-time homebuyer.          homebuyers. Properties priced up to Rp2 billion have recorded
Properti dengan harga hingga Rp2 miliar mencatatkan tingkat         the highest absorption rates. Meanwhile, the apartment and
serapan tertinggi. Segmen apartemen dan properti high-rise          high-rise property segments continue to face major challenges,
masih menghadapi tantangan besar dengan tingkat serapan             with relatively low absorption rates and longer decision-making
yang relatif rendah dan proses pengambilan keputusan pembe-         processes among potential buyers.
lian yang lebih lama.

Data Colliers Indonesia menunjukkan tingkat okupansi aparte-        Data from Colliers Indonesia indicates that apartment occu-
men di Jakarta masih berada pada kisaran 65-70%. Dalam kondi-       pancy rates in Jakarta remain at around 65%–70%. Under these
si ini, pengembang properti cenderung menahan peluncuran            conditions, property developers tend to delay launching new pro-
proyek baru dan fokus pada penjualan inventori dengan ber-          jects and instead focus on selling existing inventory using flexi-
bagai skema pembayaran fleksibel serta program promosi yang         ble payment schemes and attractive promotional programs. In
menarik. Berbeda dengan segmen residensial, sektor kawasan          contrast to the residential segment, the industrial estate sector
industri justru mengalami pertumbuhan pesat.                        has experienced significant growth.


Dalam menghadapi dinamika pasar yang terus berkembang,              To respond to the evolving market dynamics, the Company con-
Perseroan menerapkan berbagai strategi adaptif untuk menjaga        tinues to adopt adaptive strategies to maintain competitiveness
daya saing dan kelangsungan bisnis. Perseroan terus melakukan       and ensure business sustainability. Innovation in financing and
inovasi dalam pembiayaan dan pemasaran. Digitalisasi pemasa-        marketing remains a priority. Digital marketing efforts have been
ran semakin diperkuat dengan implementasi strategi seperti vir-     strengthened through strategies such as virtual tours and more
tual tour dan penawaran skema pembayaran yang lebih fleksibel.      flexible payment schemes. The Company also partners with
Program bundling dengan perbankan juga dimanfaatkan untuk           banks to offer bundled programs that further attract buyers.
meningkatkan minat pembeli.


Prospek pasar properti Indonesia di tahun 2025 diproyeksikan        Indonesia’s property market in 2025 is projected to be more op-
akan lebih optimis meskipun masih disertai dengan sejumlah          timistic, although it will still face several challenges that require
tantangan yang membutuhkan sikap kehati-hatian. Pemulihan           careful attention. Continued economic recovery, post-election




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      Analisa dan Pembahasan Manajemen                                                                         Laporan Tahunan | Annual Report 2024


      ekonomi yang berkelanjutan, stabilitas politik pasca pemilu,       political stability, and accommodative monetary policies are ex-
      serta kebijakan moneter yang akomodatif diharapkan menjadi         pected to serve as catalysts for sector growth.
      katalis pertumbuhan sektor ini.


      Perseroan memproyeksikan segmen perumahan dan kawasan              The Company anticipates that the residential and industrial es-
      industri diprediksi akan terus menjadi pendorong utama per-        tate segments will remain the primary growth drivers. Mean-
      tumbuhan. Sementara itu, segmen high-rise residential dan per-     while, the high-rise residential and office segments are expected
      kantoran diperkirakan masih belum bergerak dan pulih dalam         to remain sluggish and may not recover in the near term. Key
      waktu dekat. Tantangan utama yang masih perlu diwaspadai           challenges to watch include the potential for rising interest rates,
      mencakup potensi kenaikan suku bunga, volatilitas nilai tukar,     exchange rate volatility, and global political dynamics that could
      serta dinamika politik global yang dapat memengaruhi senti-        impact market sentiment. Despite these challenges, the Com-
      men pasar. Di tengah tantangan tersebut, Perseroan mencerma-       pany believes the fundamentals of Indonesia’s property sector
      ti fundamental sektor properti Indonesia tetap kuat, didukung      remain strong—supported by increasing housing demand and
      oleh kebutuhan hunian yang terus meningkat serta pertumbu-         sustained urban population growth. With adaptive strategies
      han populasi urban yang berkelanjutan. Dengan strategi adap-       and sound policies, Indonesia’s property sector is well-positioned
      tif dan kebijakan yang tepat, sektor properti Indonesia memiliki   to continue its long-term development.
      landasan yang kokoh untuk terus berkembang dalam jangka
      panjang.



      Aspek Pemasaran                                                    Marketing Aspect
      Pencapaian pertumbuhan ekonomi nasional di atas 5% di ta-          The achievement of national economic growth exceeding 5%
      hun 2024 memiliki keterkaitan dan berdampak terhadap indus-        in 2024 has had a positive correlation and impact on Indone-
      tri properti nasional. Laju pertumbuhan ekonomi yang cukup         sia’s property industry. This relatively strong economic growth
      tinggi tersebut memengaruhi tingkat konsumsi dan investasi         has influenced both consumer spending and investment levels.
      masyarakat. Pasar properti tahun 2024 masih menghadapi             While the property market in 2024 continued to face various
      banyak tantangan meskipun terdapat tanda-tanda membaik.            challenges, there were encouraging signs of improvement. The
      Tingginya tingkat kebutuhan properti masyarakat, khususnya         high demand for housing, in particular, created significant op-
      produk hunian memberikan ceruk potensial bagi pertumbuhan          portunities for growth within the property sector—especially
      sektor properti, khususnya produk hunian. Perseroan di awal ta-    in the residential segment. At the beginning of the year, the
      hun memproyeksikan pasar perumahan dan lahan industri akan         Company projected that the residential and industrial land seg-
      tumbuh di tahun 2024. Sementara segmen pengembangan                ments would experience growth throughout 2024. Meanwhile,
      produk highrise seperti apartemen dan perkantoran sewa cen-        the development of high-rise products such as apartments and
      derung belum banyak mengalami peningkatan secara signifikan.       office leasing continued to show limited progress and did not yet
                                                                         record a significant increase.


      Perseroan menerapkan strategi pemasaran yang berbeda-beda          The Company applies differentiated marketing strategies for
      bagi setiap segmen pengembangan maupun proyek properti.            each development segment and property project. This policy
      Kebijakan ini mempertimbangkan masing-masing proyek dan            considers the unique focus and target consumers of each project
      segmen pengembangan memiliki fokus dan target konsumen             and segment, including their preferences for location, pricing,
      berbeda-beda, termasuk preferensi lokasi, harga, dan fasilitas-    and facilities. At the corporate level, the Company adopts a core
      nya. Namun secara korporat, Perseroan memiliki strategi pe-        marketing strategy that serves as a guideline for projects to de-
      masaran utama sebagai panduan bagi proyek-proyek untuk me-         velop innovative and effective promotional approaches.
      nyusun strategi pemasaran yang inovatif dan efektif.


      Di tahun 2024, Perseroan masih menitik beratkan fokus pemasa-      In 2024, the Company continued to emphasize the marketing
      ran dan penjualan terhadap unit-unit stok siap huni atau siap      and sales of ready-to-occupy or move-in-ready inventory across
      pakai di setiap proyek, seperti perumahan, apartemen, maupun       projects, including housing, apartments, and office spaces.
      perkantoran. Keputusan untuk peluncuran proyek-proyek baru         Launching new projects remained a growth strategy but was
      tetap menjadi salah satu strategi pertumbuhan namun dijalan-       pursued with caution—taking into account feasibility, risk levels,
      kan secara sangat hati-hati mempertimbangkan kemampuan,            and market absorption capacity.
      tingkat risiko, serta daya serap pasar.


      Sebagai perusahaan pengembang properti yang selalu beradap-        As a property developer that consistently adapts to market dy-
      tasi dengan dinamika pasar, Intiland menyusun dan mengek-          namics, Intiland carefully develops and executes each marketing
      sekusi secara cermat setiap strategi pemasaran. Pertama, fokus     strategy. The first priority is targeting the right market segment
      pada segmentasi pasar yang tepat sesuai portofolio produk,         in line with its product portfolio and anticipating shifts in the
      mengantisipasi pergerakan pasar properti. Perseroan memilih        property market. The Company focuses on offering products
      untuk fokus menawarkan produk-produk yang memiliki nilai           with strong competitive value, especially in the landed residen-
      kompetitif, terutama dalam segmen perumahan tapak dengan           tial segment with price points tailored to each market segment.
      harga yang dapat dijangkau oleh masing-masing segmen pasar.


154
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PT Intiland Development Tbk                                                                    Management Discussion and Analysis


Perseroan melakukan analisis pasar secara mendalam untuk            Intiland also conducts in-depth market analysis to identify
mengidentifikasi peluang-peluang pertumbuhan di berbagai            growth opportunities across various development segments and
segmen dan produk pengembangan untuk memahami tren per-             products. This helps the Company better understand evolving
mintaan properti berdasarkan preferensi konsumen dan lokasi         consumer preferences, location-based demand, and economic
tertentu, serta faktor-faktor ekonomi lainnya yang memen-           factors influencing property market trends. In addition to offer-
garuhi pertumbuhan pasar properti. Selain memberikan pena-          ing attractive schemes to end-users, Intiland also designs com-
waran menarik bagi para pengguna akhir, kami juga merancang         pelling offers for investors—such as competitive investment re-
skema penawaran yang menarik bagi investor, termasuk mem-           turn potential and other added-value benefits.
berikan potensi pengembalian investasi yang kompetitif atau
keuntungan lainnya.


Langkah penting lainnya adalah memanfaatkan insentif kebija-        An important strategic step for the Company is to leverage the
kan Pajak Pertambahan Nilai Ditanggung Pemerintah (PPN DTP)         Government-Borne Value Added Tax (PPN DTP) incentive by incor-
dengan mengintegrasikan informasi ini dalam program-program         porating this information into various marketing programs. The
pemasaran. Perseroan akan menekankan manfaat dari insentif          Company emphasizes the benefits of the PPN DTP policy, which
PPN DTP yang membantu para calon pembeli dalam mengakses            assists prospective buyers in accessing homes priced under IDR
hunian di bawah Rp2 miliar. Perseroan juga memperkuat ko-           2 billion. Furthermore, Intiland strengthens its marketing com-
munikasi pemasaran terkait stabilitas sektor properti di tengah     munication by highlighting the resilience of the property sector
ketidakpastian situasi politik untuk memberikan keyakinan bagi      amidst political uncertainties—offering assurance to potential
calon konsumen. Menekankan keunggulan-keunggulan dari               buyers. Promoting the advantages of the Company’s property
sisi produk, harga, layanan, dan prospek investasi dari produk-     products—through pricing, product quality, services, and invest-
produk properti yang ditawarkan menjadi poin penting yang di-       ment potential—remains a key message delivered to the public.
sampaikan kepada masyarakat.

Perseroan juga memandang pentingnya edukasi pasar, yakni            The Company also recognizes the importance of market educa-
dengan membangun kesadaran masyarakat akan keuntungan               tion by raising public awareness on the benefits of purchasing
memiliki properti pada tahun 2024. Dengan menyoroti manfaat         property in 2024. This includes highlighting opportunities from
dari tren pertumbuhan ekonomi yang diharapkan, peningkatan          expected economic growth, property value appreciation, and the
nilai properti, dan perlunya memiliki hunian bagi para first home   importance of home ownership, particularly for first-time buy-
buyers, Perseroan akan memberikan konten informatif untuk           ers. Informative content will be used to improve market under-
meningkatkan pemahaman pasar terhadap situasi yang ada.             standing of current conditions.


Pemanfaatan kekuatan digital menjadi strategi pemasaran pen-        Digital engagement is a vital component of the marketing
ting, dengan meningkatkan kehadiran secara daring dengan            strategy. The Company aims to strengthen its online presence
memanfaatkan platform-platform terkemuka, mengoptimal-              by utilizing leading digital platforms, optimizing social media,
kan media sosial, dan memperluas jaringan digital, sehingga         and expanding its digital network. These efforts are designed to
Perseroan akan mencapai lebih banyak audiens potensial dan          broaden reach and increase engagement with prospective cus-
meningkatkan interaksi dengan calon konsumen. Menjaga dan           tomers. Maintaining and improving occupancy levels—particu-
mempertahankan tingkat okupansi, khususnya bagi gedung              larly in leased and strata-title office and commercial buildings—
perkantoran dan komersial sewa menjadi langkah penting. Per-        is a key priority. The Company implements customer retention
seroan menerapkan strategi retensi pelanggan untuk memper-          strategies to ensure office occupancy rates remain at a minimum
tahankan tingkat okupansi gedung perkantoran, baik lease mau-       of 85 percent.
pun strata title di angka minimum 85 persen.


Terakhir, Perseroan juga akan fokus memperkuat manajemen            Lastly, the Company is focused on enhancing its customer rela-
layanan pelanggan atau customer relationship management             tionship management (CRM). By improving services for potential
(CRM). Meningkatkan layanan kepada pelanggan potensial akan         buyers, Intiland seeks to provide a personalized and seamless
memberikan pengalaman yang personal dan menyeluruh dalam            property purchasing experience. Strengthening customer rela-
proses pembelian properti. Dengan memperkuat hubungan pe-           tionships—both offline and online—will help build lasting trust
langgan, baik melalui pengalaman langsung maupun secara             and loyalty among consumers.
digital, Perseroan akan membangun kepercayaan dan loyalitas
yang kuat dari konsumen.



Seluruh strategi yang dijalankan Perseroan akan sejalan dengan      All of the Company’s strategies are supported by efforts to im-
upaya peningkatan kompetensi dan kapasitas tim penjualan dan        prove the competencies and capabilities of its internal sales and
pemasaran internal serta mitra agen. Melalui strategi pemasa-       marketing teams, as well as its agent partners. With a focused
ran yang terarah, Perseroan menapaki tahun 2024 dengan lebih        marketing strategy, the Company enters 2024 with greater opti-
optimis dengan beradaptasi dengan kondisi pasar yang makin          mism—adapting to increasingly dynamic market conditions and
dinamis, dan memanfaatkan peluang yang ada untuk tetap              capitalizing on emerging opportunities to maintain its position
menjadi pemain kunci dalam industri properti nasional               as a key player in Indonesia’s property industry.


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      Analisa dan Pembahasan Manajemen                                                                       Laporan Tahunan | Annual Report 2024




      Kebijakan Dividen                                                  Dividen Policy
      Pembagian dividen dilakukan sekali dalam setahun yang jum-         Dividend distribution is carried out annually and the amount is
      lahnya ditentukan berdasarkan pada besarnya laba yang diper-       determined based on the income earned in the year and the con-
      oleh tiap tahunnya serta kondisi Perseroan tanpa membatasi hak     dition of the Company without limiting the rights of the Share-
      Pemegang dalam Rapat Umum Pemegang Saham (RUPS) untuk              holders at the General Meeting of Shareholders to determine
      menentukan keputusan lain. Pembayaran dividen akan dilakukan       otherwise. Dividend payments will be made after obtaining the
      setelah mendapatkan persetujuan Rapat Umum Pemegang Sa-            approval of the General Meeting of Shareholders as well as the
      ham serta atas usulan Direksi dengan memperhatikan peraturan       proposal of the Board of Directors with due observance of the
      perundang-undangan yang berlaku serta pertimbangan atas ke-        applicable laws and regulations as well as consideration of the
      mampuan finansial Perseroan.                                       Company’s financial capabilities.


      Sesuai hasil RUPS Tahunan tanggal 30 Mei 2024, sisa Laba bersih    In accordance with the results of the AGMS dated May 30, 2024,
      Perseroan setelah disisihkan sebagai dana cadangan wajib Per-      the Company’s remaining net profit after being set aside as the
      seroan, dicatat sebagai Laba Ditahan Perseroan.                    Company’s mandatory reserve fund is recorded as the Company’s
                                                                         retained profit.




      Tabel Riwayat Pembayaran Dividen /Table of History of Dividend Disbursement


      No      Tahun Buku             Dividen Tunai Per Saham            Jumlah Dividen         Laba Tahun Berjalan     Rasio Pembayaran
              Fiscal Year             Cash Dividend per Share            Total Dividend     Income for the Year (Rp)     Payout Ratio (%)


      1        31 Desember 1992                            50            8.120.900.000             12.176.411.840                     54
               December 31, 1992

      2        31 Desember 1993                           100           16.241.800.000             22.553.304.654                     72
               December 31, 1993

      3        31 Desember 1994                           115           28.017.105.000             55.411.663.493                     43
               December 31, 1994

      4        31 Desember 1995                           115           28.017.105.000             57.689.512.093                     49
               December 31, 1995

      5        31 Desember 1996                           100           24.362.700.000             70.299.340.849                     35
               December 31, 1996

      6        31 Desember 1997                              -                        -          (169.680.960.083)                      -
               December 31, 1997

      7        31 Desember 1998                              -                        -          (179.753.586.162)                      -
               December 31, 1998

      8        31 Desember 1999                          0,20             185.156.520              18.323.771.464                      1
               December 31, 1999

      9        31 Desember 2000                              -                        -          (274.290.900.669)                      -
               December 31, 2000




156
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PT Intiland Development Tbk                            Management Discussion and Analysis


10       31 Desember 2001      -                 -   (102.706.354.814)                  -
         December 31, 2001

11       31 Desember 2002      -                 -    108.069.679.010                   -
         December 31, 2002

12       31 Desember 2003      -                 -     13.259.836.924                   -
         December 31, 2003

13       31 Desember 2004      -                 -    (45.750.227.673)                  -
         December 31, 2004

14       31 Desember 2005      -                 -    (34.485.314.719)                  -
         December 31, 2005

15       31 Desember 2006      -                 -     80.229.873.493                   -
         December 31, 2006

16       31 Desember 2007      -                 -     20.429.374.533                   -
         December 31, 2007

17       31 Desember 2008      -                 -     14.165.322.151                   -
         December 31, 2008

18       31 Desember 2009      -                 -     25.612.283.715                   -
         December 31, 2009

19       31 Desember 2010      -                 -    350.491.922.129                   -
         December 31, 2010

20       31 Desember 2011     3     31.097.562.555    139.992.311.478                 22
         December 31, 2011

21       31 Desember 2012     5     51.829.270.925    181.319.353.633                 29
         December 31, 2012

22       31 Desember 2013     8     82.136.793.480    323.628.928.262                 26
         December 31, 2013

23       31 Desember 2014     10   102.670.991.850    429.130.287.067                 24
         December 31, 2014

24       31 Desember 2015     5     51.335.495.925    401.477.919.700                12,8
         December 31, 2015

25       31 Desember 2016     5     51.829.270.925    298.891.746.733                17,3
         December 31, 2016

26       31 Desember 2017      -                 -    297.491.171.119                   -
         December 31, 2017

27       31 Desember 2018     2     20.731.708.370    212.504.509.510                 10
         December 31, 2018

28       31 Desember 2019      -                 -    251.957.248.676                   -
         December 31, 2019

29       31 Desember 2020      -                 -    113.988,758.599                   -
         December 31, 2020




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      30       31 Desember 2021                               -                       -              12.185.982.160                        -
               December 31, 2021

      31       31 Desember 2022                               -                       -            (98.844.466.051)                        -
               December 31, 2022

      32       31 Desember 2023                               -                       -            174.108.406.452                         -
               December 31, 2023




      Realisasi Penggunaan Dana Hasil Penawaran Umum                     Realization of Use of Funds from Public Offering
      Penggunaan dana hasil Penawaran Umum Sukuk Ijarah Berkelan-        The use of proceeds from the Public Offering of Sukuk Ijarah
      jutan I Intiland Development Tahap III Tahun 2022 telah dilapor-   Berkelanjutan I Intiland Development Tranche III 2022 was re-
      kan kepada OJK dan BEI pada tanggal 13 Januari 2023, 14 Juli       ported to the OJK and IDX on January 13, 2023, July 14, 2023,
      2023, dan 10 Januari 2024. Dana hasil penawaran umum telah         and January 10, 2024. The proceeds from the public offering have
      seluruhnya digunakan dan dilaporkan pada periode pelaporan         been fully used and reported in the reporting period in accord-
      sesuai dengan peraturan.                                           ance with regulations.



      Perubahan Peraturan Perundang-Undangan yang                        Changes in Legislation that Significantly Affected
      Berdampak Signifikan pada Perseroan                                the Company
      Sepanjang tahun 2024 tidak terdapat perubahan peraturan            During 2024, there were no changes to statutory regulations
      perundang-undangan yang berpengaruh signifikan terhadap            that significantly impacted the Company or its financial state-
      Perseroan maupun laporan keuangan. Perseroan akan selalu           ments. The Company is committed to complying with all prevail-
      berkomitmen untuk mematuhi setiap peraturan perundang-             ing laws and regulations.
      undangan yang berlaku.



      Perubahan Kebijakan Akuntansi                                      Changes in Accounting Policies
      Sejak 1 Januari 2024, terdapat perubahan penomoran Pernyata-       Beginning January 1, 2024, changes in the numbering of the
      an Standar Akuntansi Keuangan (PSAK) dan Interpretasi Standar      Statements of Financial Accounting Standards (PSAK) and Inter-
      Akuntansi Keuangan telah berlaku efektif yang relevan bagi Per-    pretation of Financial Accounting Standards have become effec-
      seroan namun tidak menyebabkan perubahan material terhadap         tive and relevant for the Group and had no material effect on the
      jumlah-jumlah yang dilaporkan dalam laporan keuangan kon-          amounts reported in the consolidated financial statements.
      solidasian.
      •    Amendemen PSAK No. 201, “Penyajian Laporan Keuangan”          •    Amendment to PSAK No. 201, “Presentation of Financial
           tentang klasifikasi liabilitas sebagai jangka pendek atau          Statements” regarding classification of liabilities as current
           jangka Panjang.                                                    or noncurrent.
      •    Amendemen PSAK No. 201, “Penyajian Laporan Keuangan”          •    Amendment to PSAK No. 201, “Presentation of Financial
           terkait liabilitas jangka panjang dengan kovenan.                  Statements” regarding noncurrent liabilities with cov-
                                                                              enants.
      •    Amandemen PSAK No. 116, “Sewa” terkait liabilitas sewa        •    Amendment to PSAK No. 116, “Leases” regarding lease li-
           pada transaksi jual dan sewabalik.                                 abilities in sale-and-lease back transactions.
      •    Amendemen PSAK No. 207, “Laporan Arus Kas” dan aman-          •    Amendment to PSAK No. 207, “Statement of Cash Flow”
           demen PSAK No. 107, “Instrumen Keuangan” tentang peng-             and amendment to PSAK No.107, “Financial Instrument”
           aturan pembiayaan pemasok.                                         regarding supplier financing arrangements.


      Terdapat amandemen standar akuntansi keuangan yang telah           There have been amendments to financial accounting standard
      diterbitkan yang bersifat wajib untuk tahun buku yang dimulai      issued that are mandatory for the financial year beginning or af-
      pada atau setelah 1 Januari 2025:                                  ter January 1, 2025;
      •    Amendemen PSAK No. 221, “Pengaruh Perubahan Kurs              •     Amendment to PSAK No. 221, “The Effect of Changes in For-
           Valuta Asing” terkait kondisi ketika suatu mata uang tidak          eign Exchange Rates” regarding to conditions when a cur-
           tertukarkan.                                                        rency is not exchangeable.


      Sampai dengan tanggal penerbitan laporan keuangan konsolida-       As at the date of authorization of these consolidated financial
      sian, Perseroan masih mempelajari dampak yang mungkin tim-         statements, the Company is still evaluating the potential impact
      bul dari penerapan amandemen PSAK tersebut dan dampak dari         of the above amendment to PSAK and has not yet determined
      penerapan amandemen PSAK tersebut pada laporan keuangan            the related effects on the consolidated financial statements.
      konsolidasian belum dapat ditentukan.




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PT Intiland Development Tbk                                                                   Management Discussion and Analysis


Informasi Material pada Investasi, Ekspansi, Dives-               Material Information on Investment, Expansion, Di-
tasi, Penggabungan atau Peleburan, Akuisisi dan                   vestment, Business Merger or Consolidation, Acqui-
Restrukturisasi Modal / Utang                                     sition and capital / Debt Restructuring
Pada tahun 2024, Perseroan tidak memiliki informasi material      In 2024, The Company has no material information on invest-
berkaitan dengan investasi, ekspansi, divestasi, penggabungan     ment, diversification, expansion, merger, and acquisition.
atau peleburan, dan akuisisi.


Restrukturisasi utang:                                            Debt restructuring:
Pada 28 Juni 2024, Perseroan telah menandatangani beberapa        On June 28, 2024, the Company has signed several addendum
addendum perjanjian dengan beberapa poin sebagai berikut:         agreements with several points as follows:
•    Perpanjangan tanggal jatuh tempo dari 21 Desember 2028       •    Maturity date extension from December 21, 2028 to De-
     menjadi 10 Desember 2031.                                         cember 10, 2031.
•    Suku bunga sejak tanggal 1 Januari 2024 sampai 31 Desem-     •    Interest rate since January 1, 2024 until December 31, 2027
     ber 2027 adalah 7,5% per tahun dimana bunga yang diba-            is 7.5% per annum where the interest payment rate is 4%
     yar oleh Perusahaan adalah 4% per tahun dan bunga yang            per annum and deferred interest rate of 3.5% per annum
     ditangguhkan sebesar 3,5% per tahun dicicil pro-rata dari         will be paid in pro-rate instalment from January 10, 2028
     10 Januari 2028 sampai 10 Desember 2031.                          until December 10, 2031.



Informasi Transaksi Material yang Mengandung                      Information on Material Transactions with Conflict
Benturan Kepentingan dan Transaksi dengan Pihak                   of Interest and Transactions with Affiliates/Related
Afiliasi/Berelasi                                                 Parties
Di tahun 2024, Perseroan tidak memiliki informasi transaksi ma-   In 2024, The Company has no information on material transac-
terial yang mengandung benturan kepentingan dan transaksi         tions with conflict of interest and transactions with affiliates or
dengan pihak afiliasi atau berelasi.                              related parties.




Pendukung Bisnis
Business Support

SUMBER DAYA MANUSIA                                               HUMAN RESOURCES
Perusahaan memahami bahwa Sumber Daya Manusia (SDM)               The Company recognized that its Human Resources (HR) are its
adalah aset terpenting dalam mencapai visi, misi, dan tujuan      most valuable asset in achieving its vision, mission, and goals.
perusahaan. Perseroan secara teguh berkomitmen untuk terus        The Company is firmly committed to continuously improving the
meningkatkan mutu SDM dan menyelaraskan dengan nilai-             quality of HR and aligning it with the Company’s values. While
nilai perusahaan. Meskipun meningkatkan produktivitas men-        increasing productivity remains the primary focus, the Company
jadi fokus utama, Perseroan juga memberikan perhatian yang        equally prioritizes aspects such as employee well-being, skill de-
sama pada aspek kesejahteraan, pengembangan keterampilan,         velopment, expertise enhancement, and ensuring the safety and
peningkatan keahlian, serta memastikan keamanan dan kese-         welfare of its employees.
jahteraan karyawan.


Di tahun 2024, Perusahaan meluncurkan serangkaian program         In 2024, the Company launched a comprehensive series of em-
pengembangan karyawan yang komprehensif, dirancang den-           ployee development programs, designed with clear and sustain-
gan tujuan yang jelas dan berkelanjutan. Perseroan memberikan     able objectives. The Company placed strong emphasis on shap-
penekanan yang kuat pada pembentukan pimpinan masa depan          ing future leadership through ongoing training, development,
melalui pelatihan, pengembangan, dan inisiatif mentoring yang     and mentoring initiatives. The launch of the talent pool program
berkelanjutan. Peluncuran program talent pool bertujuan mem-      aims to accelerate organizational growth and development, cre-
percepat pertumbuhan dan pengembangan organisasi, men-            ating opportunities for interaction and collaboration between
ciptakan kesempatan untuk interaksi dan kolaborasi antara kar-    junior employees and their managers through internal forums.
yawan junior dan manajer mereka melalui forum internal.


Selain pelatihan keterampilan teknis, Perusahaan juga me-         In addition to technical skills training, the Company rolled out
luncurkan serangkaian program yang bertujuan untuk mem-           a series of programs aimed at promoting company culture and
promosikan budaya dan nilai-nilai perusahaan, meningkatkan        values, enhancing teamwork, and providing ongoing training
kerja sama tim, dan memberikan pelatihan sepanjang tahun.         throughout the year. The Company also conducted thorough
Perusahaan juga melakukan penilaian mendalam terhadap para        assessments of high-potential employees, evaluating five core
karyawan dengan potensi tinggi, mengevaluasi lima kompetensi      competencies and three role-specific competencies, as well as
inti dan tiga kompetensi khusus, serta mengidentifikasi kesen-    identifying competency gaps.
jangan kompetensi.


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      Di tahun 2024, Perusahaan tetap fokus pada tiga area pengem-       In 2024, the Company remains focused on three key development
      bangan utama yakni inovasi, orientasi hasil, dan layanan pelang-   areas: innovation, results orientation, and customer service.
      gan.



      REKRUTMEN                                                          RECRUITMENT
      Intiland tetap menjalankan proses rekrutmen yang transparan,       Intiland continues to implement a transparent and targeted re-
      tepat guna, dan sesuai dengan kriteria yang telah ditetapkan.      cruitment process that aligns with the established criteria. Re-
      Manajemen perekrutan merupakan bagian dari divisi CHC yang         cruitment management is part of the CHC division, which plays
      berperan dalam menentukan SDM yang tepat guna mendukung            a role in selecting the right human resources to support emplo-
      kebutuhan karyawan dan keberlanjutan bisnis perusahaan. Per-       yee needs and the sustainability of the Company’s business. The
      seroan berkomitmen untuk mendatangkan, mempertahankan,             Company is committed to attracting, retaining, and developing
      dan mengembangkan karyawan yang potensial dan berbakat,            potential and talented employees through competitive compen-
      dengan skema pemberian imbalan yang kompetitif sesuai den-         sation schemes based on their performance and contributions.
      gan kinerja dan kontribusi mereka.


      Pada tahun 2024, kebijakan rekrutmen internal tetap menjadi        In 2024, internal recruitment policy remains a top priority. This
      prioritas utama. Hal ini mempertimbangkan dinamika indus-          takes into account the dynamics of the property industry, market
      tri properti, kondisi pasar, serta kebutuhan organisasi. Sejalan   conditions, and organizational needs. In line with business de-
      dengan perkembangan bisnis dan keterbatasan ekspansi proyek        velopments and the limited expansion of new projects, recruit-
      baru, fokus rekrutmen lebih diarahkan pada pemenuhan kebutu-       ment efforts are primarily focused on fulfilling manpower needs
      han tenaga kerja di unit pengelolaan gedung dan kawasan.           in building and estate management units.

      Selain itu, rekrutmen internal juga menjadi bagian dari strategi   Additionally, internal recruitment is also part of a strategy to en-
      peningkatan jalur karir melalui program promosi, mutasi, dan       hance career paths through employee promotion, transfer, and
      rotasi karyawan. Langkah ini bertujuan untuk mengoptimalkan        rotation programs. This step aims to optimize the potential of
      potensi SDM yang sudah ada, meningkatkan keahlian serta ke-        existing human resources, improve employee skills and compe-
      terampilan karyawan, dan memastikan kesinambungan dalam            tencies, and ensure continuity in organizational management.
      pengelolaan organisasi.


      Pada tahun 2024, total jumlah karyawan yang mengundurkan           In 2024, the total number of employees who resigned, passed
      diri, meninggal dunia, maupun memasuki masa pensiun tercat-        away, or retired was recorded at 147 people. Meanwhile, the
      at sebanyak 147 orang. Sementara jumlah rekrutmen karyawan         number of newly recruited employees was 83.
      baru sebanyak 83 orang.




      Tabel Jumlah Rekrutmen Karyawan dan Karyawan yang Mengundurkan Diri
      / Table of Number of Employee Recruitment and Resigned Employees


      Karyawan /Employees                                                       2022                          2023                   2024


      Rekrutmen Baru / New Employees                                             106                            83                     83
      Mengundurkan Diri dan Pensiun | Resigned and Pension                       212                           139                    147




      PENILAIAN KINERJA                                                  PERFORMANCE ASSESSMENT
      Penilaian kinerja karyawan adalah sistem yang digunakan un-        Employee performance assessment is a system used to assess
      tuk menilai dan mengetahui kesesuaian pelaksanaan kerja            and determine the suitability of the work carried out by an em-
      yang dilakukan seorang karyawan dengan tugas dan tanggung          ployee, given their duties and responsibilities. Intiland imple-
      jawabnya. Intiland mengimplementasikan prinsip akuntabilitas       ments the principle of accountability that demands conformity
      yang menuntut kesesuaian antara uraian tugas dengan realisa-       between job descriptions and their actualization. Performance
      sinya. Penilaian kinerja ini juga merupakan upaya untuk menilai    assessment is also an effort to assess achievement aiming to in-
      prestasi dengan tujuan meningkatkan produktivitas karyawan         crease both the Company’s and employees’ productivity.
      maupun perusahaan.


      Pengukuran penilaian kinerja karyawan menggunakan metode           Employee performance is measured using the Key Performance
      Key Performance Indicator (KPI) yang dilakukan setiap satu tahun   Indicator (KPI) method, which is conducted annually. Through
      sekali. Melalui metode KPI, Perseroan dapat melakukan evaluasi     the KPI method, the Company can evaluate the performance of
      kinerja setiap karyawan secara lebih obyektif dan terukur. Hasil   each employee in a more objective and measurable manner. KPI



160
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PT Intiland Development Tbk                                                                   Management Discussion and Analysis


penilaian KPI dapat menjadi dasar Perseroan untuk memberikan     assessment results can be the basis for the Company to provide
penghargaan atau ganjaran kepada karyawan.                       reward or punishment to the employees.



REMUNERASI KARYAWAN                                              EMPLOYESS REMUNERATION
Intiland menyusun dan menetapkan remunerasi karyawan den-        Intiland formulated the remuneration for its employees with re-
gan mengacu pada Anggaran Dasar Perusahaan serta merujuk         ference to the Company’s Articles of Association and the prevail-
pada peraturan perundang-undangan yang berlaku antara lain       ing regulations, among others the Law No. 13/2003 on Employ-
Undang-undang No. 13 tahun 2003 tentang Ketenagakerjaan          ment, and the local regulations on minimum wage that prevail
dan ketentuan daerah di masing-masing wilayah operasional        in each of the operational areas of Intiland. On a regular basis,
Intiland terkait upah minimum. Secara berkala, Perusahaan me-    the Company adjusts the amount of remuneration to the rising
lakukan penyesuaian besaran remunerasi agar tetap sejalan den-   living standards. This adjustment of remuneration also takes into
gan peningkatan biaya hidup. Penyesuaian besaran remunerasi      account the individual’s performance and the Company’s perfor-
tersebut, mempertimbangkan kinerja pekerja dan kinerja Peru-     mance.
sahaan.



PELATIHAN DAN PENGEMBANGAN SUMBER DAYA                           HUMAN RESOURCES TRAINING AND DEVELOPMENT
MANUSIA
Perseroan secara terus-menerus melakukan program pengem-         The Company continues to enhance its HR quality through vari-
bangan guna meningkatkan mutu SDM yang kemudian akan             ous development initiatives, as this will result in quality improve-
dapat meningkatkan mutu hasil produksi. Penyelenggaraan pro-     ment in production. Training and development programs are
gram pelatihan serta pengembangan bertujuan untuk memas-         held to ensure that the employees are abreast with the latest
tikan karyawan memiliki pengetahuan dan kompetensi terkini       knowledge and competence in line with the developments in the
sesuai dengan kemajuan industri properti.                        property industry.


Sepanjang 2024 telah dilaksanakan berbagai pelatihan dan pro-    During 2024, various trainings and development programs have
gram pengembangan antara lain:                                   been implemented, including:




     Virya Semanan                                                                                                                      161
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      Tabel Program Pelatihan Karyawan tahun 2024 sebagai berikut
      Table of Development programs in 2024 as follows:
      Catatan / Note:     L: Laki-Laki | M: Male      P: Perempuan | F: Female

      No Jenis Pelatihan Nama Pelatihan                   Tujuan Program                            Waktu               Tempat                     Jenis Kelamin   Durasi Pelatihan dihitung Investasi         Knowledge
         Type of training Activities                      Objectives                                Pelaksanaan          Pelaksanaan                  Gender       per-orang ( jam/orang)    Investment          Sharing
                                                                                                    Implementation      Implementation              L /M   P /F    Training Hours per        (Rp)              YA    TIDAK
                                                                                                    Date                Location                                   person (hour/person)                       /YES    /NO


      1.     Pelatihan     Pelatihan karyawan baru        Memberikan pelatihan kepada para          Setiap tiga bulan   Pengenalan awal dan          45      37    3 jam / orang            Rp. 8.000.000,-    V
             Training      dengan module NHOB (New        karyawan baru dengan materi yang me-      Every three months pelatihan module                            3 hours/person
                           Hire on Board) menggunakan     nyeluruh yaitu meliputi module NHOB                           NHOB dilakukan secara
                           platform e-learning Intiland   yang disampaikan secara offline dan 3                         offline bertempat di
                           yaitu GLADIS.                  module lainnya yang dipelajari melalu                         Star Room, Intiland
                           New employee training with     GLADIS yaitu modul Corporate Values,                          Tower, Jakarta sedan-
                           NHOB module on GLADIS.         modul NDA (Non Disclosure Agreement),                         gkan untuk 3 module
                                                          dan modul COC (Code of Conduct).                              lainnya dilakukan
                                                          Provided training to new employees with                       secara mandiri oleh
                                                          comprehensive materials, including the                        karyawan dengan
                                                          NHOB module delivered offline and 3                           menggunakan platform
                                                          other modules learned through GLADIS,                         E-learning GLADIS.
                                                          namely the Corporate Values module, the                       The initial introduc-
                                                          NDA (Non Disclosure Agreement) module,                        tion and training of
                                                          and the COC (Code of Conduct) module.                         the NHOB module was
                                                                                                                        conducted offline at
                                                                                                                        the Star Room, Intiland
                                                                                                                        Tower, Jakarta while the
                                                                                                                        other 3 modules were
                                                                                                                        conducted independent-
                                                                                                                        ly by employees using
                                                                                                                        the GLADIS E-learning
                                                                                                                        platform.




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PT Intiland Development Tbk                                                                                                                                                Management Discussion and Analysis



No Jenis Pelatihan Nama Pelatihan                    Tujuan Program                              Waktu             Tempat               Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
   Type of training Activities                       Objectives                                  Pelaksanaan        Pelaksanaan            Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                 Implementation    Implementation        L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                 Date              Location                             person (hour/person)                      /YES    /NO

2.   Pelatihan     Pengawasan Fitout.                Agar mengetahui tata cara atau kedisipli-   5 Januari 2024    Activity Room di       17       5    1.5 jam/orang               -               V
     Training      Fitout Supervision.               nan pekerjaan fitout.                       5 January 2024    Spazio Surabaya.                     1.5 hours/person
                                                     In order to know the procedure or disci-                      Spazio Surabaya
                                                     pline of fitout work.                                         Activity Room.


3.   Pelatihan     Service Excellence Training.      Untuk melatih pelayanan anggota terha-      13 Januari 2024   Fifty Seven Prom-      21            4 jam/orang                 -               V
     Training                                        dap user/tenant dilokasi.                   13 January 2024   enade, Head office                   4 hours/person
                                                     Train member services to users/tenants                        ARMY.
                                                     on site.


4.   Pelatihan     Pelatihan terkait 5R (Rapi,       Meningkatkan efisiensi dan kualitas di      18 Januari 2024   Activity Room di       15      11    1.5 jam/orang               -               V
     Training      Resik, Ringkas, Rawat, Rajin).    tempat kerja.                               18 January 2024   Spazio Surabaya.                     1.5 hours/person
                   Training on the 5R (Rapi,         Improving efficiency and quality in the                       Spazio Surabaya
                   Resik, Ringkas, Rawat, Rajin).    workplace.                                                    Activity Room.


5.   Pelatihan     Pelatihan public speaking.        Memperbaiki cara penyampaian ke             18 Januari 2024   Activity Room di       13       1    1.5 jam/orang               -               V
     Training      Public speaking training.         publik.                                     18 January 2024   Spazio Surabaya.                     1.5 hours/person
                                                     Improving the way of Conveyance of                            Spazio Surabaya
                                                     words to the public.                                          Activity Room.


6.   Pelatihan     Pelatihan terkait teknis-         Pengetahuan umum untuk karyawan             19 Januari 2024   Activity Room di       16       7    1.5 jam/orang               -               V
     Training      teknis penggunaan sound           inhouse terkait penggunaan teknis dari      19 January 2024   Spazio Surabaya.                     1.5 hours/person
                   system.                           sound system.                                                 Spazio Surabaya
                   Training related to the techni-   General knowledge for in-house employ-                        Activity Room.
                   cal use of the sound system.      ees regarding the technical use of the
                                                     sound system.


7.   Pelatihan     Pelatihan Binsik.                 Bertujuan untuk memberikan pelatihan        20 Januari 2024   Area Taman DKI.        13            1 jam/orang                 -               V
     Training      Physical training.                fisik kepada anggota agar tetap sehat       20 January 2024   DKI Garden Area.                     1 hours/person
                                                     dan kuat fisik.


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      No Jenis Pelatihan Nama Pelatihan                      Tujuan Program                                Waktu             Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi          Knowledge
         Type of training Activities                         Objectives                                    Pelaksanaan        Pelaksanaan               Gender       per-orang ( jam/orang)    Investment           Sharing
                                                                                                           Implementation    Implementation           L /M   P /F    Training Hours per        (Rp)               YA    TIDAK
                                                                                                           Date              Location                                person (hour/person)                        /YES    /NO

                                                             Aims to provide physical training to mem-
                                                             bers to stay healthy and physically strong.


      8.    Pelatihan      Pelatihan CPR.                    Guna memberikan pengetahuan                   22 Januari 2024   Ruang meeting B3           8            1 jam/orang                -                  V
            Training       CPR Training.                     bagaimana cara pertolongan pertama            22 January 2024   Fifty Seven Prom-                  4    1 hours/person
                                                             pada seseorang yang mengalami henti                             enade.
                                                             jantung.                                                        Fifty Seven Promenade
                                                             To provide knowledge on how to provide                          B3 meeting room.
                                                             first aid to someone experiencing cardiac
                                                             arrest.


      9.    Pelatihan      Sertifikasi K3 Teknisi Listrik.   Memenuhi Standar K3 Teknisi Listrik yang 22 - 27 Januari        Online & Offline,          1            8 jam/orang                Rp 6.120.000,-     V
            Training       K3 Electrician Certification.     dipersyaratkan UU No. 1 Tahun 1970.           2024              Training Center PT.                     8 hours/person
                                                             Fulfill the K3 Electrician Standards re-      22 - 27 January   Delta Indonesia
                                                             quired by Law No. 1 Year 1970.                2024              Pranenggar.


      10. Pelatihan        Floodgate                         Guna memberikan pemahaman kepada              26 Januari 2024   Ramp B1 Fifty Seven       15            1.5 jam/orang              -                  V
            Training                                         anggota bagaimana cara yang bisa di-          26 January 2024   Promenade.                              1.5 hours/person
                                                             lakukan agar saat terjadi banjir, air tidak
                                                             memasuki kawasan 57 Promenade.
                                                             To provide members with an understand-
                                                             ing of what can be done when flood-
                                                             ing occurs, water does not enter the 57
                                                             Promenade.


      11. Berbagi          Forum GM: UU P2SK tentang         Sharing dan berbagi informasi mengenai        26 Januari 2024   Online melalui Ms.        12       9    2 jam / orang              -                  V
            Pengetahuan    usia pensiun normal dan usia      UU P2SK tentang usia pensiun normal           14.00 - 16.00     Teams.                                  2 hours/person
            Knowledge      pensiun dipercepat.               dan usia pensiun dipercepat.                  26 January 2024   Online via MS Teams.
            Sharing        GM Forum: P2SK Law on             Sharing knowledge and information about 14.00 - 16.00
                           normal retirement age. and        the P2SK Law on normal retirement age
                           accelerated retirement age.       and accelerated retirement age.

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No Jenis Pelatihan Nama Pelatihan                  Tujuan Program                               Waktu              Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
   Type of training Activities                     Objectives                                   Pelaksanaan         Pelaksanaan               Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                Implementation     Implementation           L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                Date               Location                                person (hour/person)                      /YES    /NO

12. Berbagi        Learning Corner: bersama        Sharing dan berbagi informasi mengenai       6 Febuari 2024     Online dengan Ms.         41      25    2 jam / orang               -               V
    Pengetahuan    para pemenang juara 1 SGA-      program inovasi dari pemenang juara          14.00 - 15.30      Teams.                                  2 hours/person
    Knowledge      JDI (Team GGFC dan Team         satu kompetisi SGAJDI kepada para            6 Febuary 2024     Online via MS Teams.
    Sharing        Procurement).                   karyawan.                                    14.00 - 15.30
                   Learning Corner: with the       Sharing knowledge and information about
                   1st place winners of SGAJDI     the innovation programme from the first
                   (Team GGFC and Team Pro-        place winner of the SGAJDI competition to
                   curement).                      employees.


13. Pelatihan      Pelatihan mitigasi kebakaran.   Memahami dan mempelajari cara me-            12 Februari 2024   Depan blok H The          35      10    3 jam/orang                 -               V
    Training       Fire mitigation training.       nanggulangi kebakaran, mengetahui cara       12 February 2024   Rosebay.                                3 hours/person
                                                   penggunaan SCBA dan proses evakuasi.                            Front of block H, The
                                                   Understand and learn how to fight fires,                        Rosebay.
                                                   know how to use SCBA and the evacuation
                                                   process.


14. Pelatihan      Pelatihan ketika melakukan      Mengenali potensi cedera serius saat         15 Februari 2024   Activity Room di          12      10    1.5 jam/orang               -               V
    Training       pekerjaan di ketinggian.        bekerja di ketinggian dan menentukan         15 February 2024   Spazio Surabaya.                        1.5 hours/person
                   Training when performing        metode yang aman untuk meminimalkan                             Spazio Surabaya
                   work at altitude.               resiko.                                                         Activity Room.
                                                   Recognise the potential for serious injury
                                                   when working at altitude and determine
                                                   safe methods to minimise risk.


15. Pelatihan      Analisa Keselamatan Kerja.      Memberikan pengetahuan dan keter-            19 Februari 2024   Activity Room di          13       7    1.5 jam/orang               -               V
    Training       Occupational Safety Analysis.   ampilan secara terpadu kepada peserta        19 February 2024   Spazio Surabaya.                        1.5 hours/person
                                                   agar bisa melakukan analisis keselama-                          Spazio Surabaya
                                                   tan kerja.                                                      Activity Room.
                                                   Provides participants with integrated
                                                   knowledge and skills to conduct occupa-
                                                   tional safety analyses.

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        Analisa dan Pembahasan Manajemen                                                                                                                                           Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan Nama Pelatihan                  Tujuan Program                                Waktu              Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
         Type of training Activities                     Objectives                                    Pelaksanaan         Pelaksanaan               Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                       Implementation     Implementation           L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                       Date               Location                                person (hour/person)                      /YES    /NO

      16. Pelatihan      Evakuasi kebakaran dan          Memahami proses evakuasi saat ter-            20 Februari 2024   Meeting room The          10            2 jam/orang              -                  V
          Training       gempa.                          jadinya kebakaran dan gempa.                  20 February 2024   Rosebay Surabaya.                       2 hours/person
                         Evacuation of fire and earth-   Understand the evacuation process during
                         quake.                          fire and earthquake.


      17. Pelatihan      K3 Ruang terbatas.              Menambah pengetahuan petugas dalam            21 Februari 2024   Intiland Tower.            1            6 jam/orang              -                  V
          Training       K3 Confined spaces.             mengidentifikasi tempat ruang terbatas        21 February 2024                                           6 hours/person
                                                         di lingkungan pekerjaan.
                                                         Increase officer knowledge in identifying
                                                         confined space places in the work environ-
                                                         ment.


      18. Pelatihan      Petugas P3K Sertifikasi Ke-     Memenuhi Standar kecukupan Petugas            26 – 28 Februari   Online & Offline           1            8 jam/orang              Rp 5.000.000,-     V
          Training       mennaker RI.                    P3K di lingkungan kerja sesuai PER.15/        2024               Training Center, PT.                    8 hours/person
                         RI Ministry of Manpower         MEN/VIII/2008 Tentang P3K.                    26 – 28 February   Phitagoras Global
                         Certified First Aid Officer.    Fulfill the standards for adequacy of first   2024               Duta.
                                                         aid officers in the work environment in
                                                         accordance with PER.15/MEN/VIII/2008
                                                         concerning first aid.


      19. Pelatihan      Sosialisasi Pengajuan Klaim     Meningkatkan pengetahuan karyawan             27 Februari 2024   Ruang meeting B3           4       2    2 jam/orang              -                  V
          Training       Asuransi Gedung.                BM (Building management) dalam                27 February 2024   Fifty Seven Prom-                       2 hours/person
                         Socialisation of Building In-   melengkapi berkas pengajuan klaim                                enade.
                         surance Claim Submission.       asuransi gedung.                                                 Fifty Seven Promenade
                                                         Improve BM employees’ knowledge in                               B3 meeting room.
                                                         completing the building insurance claim
                                                         submission file.




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PT Intiland Development Tbk                                                                                                                                                      Management Discussion and Analysis



No Jenis Pelatihan Nama Pelatihan                   Tujuan Program                                  Waktu               Tempat                Jenis Kelamin   Durasi Pelatihan dihitung Investasi           Knowledge
   Type of training Activities                      Objectives                                      Pelaksanaan          Pelaksanaan             Gender       per-orang ( jam/orang)    Investment            Sharing
                                                                                                    Implementation      Implementation         L /M   P /F    Training Hours per        (Rp)                YA    TIDAK
                                                                                                    Date                Location                              person (hour/person)                         /YES    /NO

20. Pelatihan      First Aid Responder (P3K)        Meningkatkan kemampuan dan ke-                  5 Maret 2024        Intiland Tower.         43      10    6 jam/orang                 Rp 5.594.000.-     V
    Training       basic life support.              terampilan petugas dalam menolong               5 March 2024                                              6 hours/person
                                                    korban di lingkungan kerja maupun area
                                                    umum.
                                                    Improve the ability and skills of officers in
                                                    helping victims in the work environment
                                                    and public areas.


21. Pelatihan      Training penggunaan alat         Pengetahuan umum untuk penggunaan               7 Maret 2024        Activity Room di        15      10    1.5 jam/orang               -                  V
    Training       AED (automated external          alat AED.                                       7 March 2024        Spazio Surabaya.                      1.5 hours/person
                   defibrillator).                  General knowledge for the use of AED                                Spazio Surabaya
                   Training in the use of AEDs      devices.                                                            Activity Room.
                   (automated external defibril-
                   lators).


22. Pelatihan      Sertifikasi K3 Teknisi Eleva-    Memenuhi rasio kecukupan Teknisi K3             12 - 18 Maret 2024 Online & Offline          2            8 jam/orang                 Rp 12.240.000,- V
    Training       tor/Escalator.                   Elevator/Escalator di lingkungan kerja.         12 - 18 March 2024 Training Center,                       8 hours/person
                   K3 Certification for Elevator/   Fulfill the adequacy ratio for K3 Elevator/                         PT. Delta Indonesia
                   Escalator Technicians.           Escalator Technicians in the work environ-                          Pranenggar.
                                                    ment.


23. Pelatihan      Pelatihan yang bertujuan         Agar memiliki perasaan mengenai pent-           21 Maret 2024       Activity Room di        10      15    1.5 jam/orang               -                  V
    Training       untuk melahirkan jiwa rasa       ingnya tanggung jawab akan keadaan              21 March 2024       Spazio Surabaya.                      1.5 hours/person
                   memiliki.                        disekitar.                                                          Spazio Surabaya
                   Training that aims to create a   To have a sense of the importance of tak-                           Activity Room.
                   sense of belonging.              ing responsibility for one’s surroundings.




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        Analisa dan Pembahasan Manajemen                                                                                                                                        Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan Nama Pelatihan                 Tujuan Program                               Waktu            Tempat                 Jenis Kelamin   Durasi Pelatihan dihitung Investasi       Knowledge
         Type of training Activities                    Objectives                                   Pelaksanaan       Pelaksanaan              Gender       per-orang ( jam/orang)    Investment        Sharing
                                                                                                     Implementation   Implementation          L /M   P /F    Training Hours per        (Rp)            YA    TIDAK
                                                                                                     Date             Location                               person (hour/person)                     /YES    /NO

      24. Berbagi        Sharing session: develop       Sharing dari leaders Intiland menge-         21 Maret 2024    Online melalui Ms.       35      39    2 jam / orang              -               V
          Pengetahuan    strong and continuous          nai salah satu kompetensi yang harus         14.00 - 16.00    Teams.                                 2 hours/person
          Knowledge      achievement orientation.       dimiliki oleh para karyawan Intiland yaitu   21 March 2024    Online via MS Teams.
          Sharing                                       achievement orientation untuk mening-        14.00 - 16.00
                                                        katkan pemahaman karyawan mengenai
                                                        values tersebut.
                                                        Sharing information from Intiland’s lead-
                                                        ers about one of the competencies that
                                                        Intiland’s employees must have, namely
                                                        achievement orientation, to increase em-
                                                        ployees’ understanding of these values.


      25. Pelatihan      Pelatihan Penggunaan Gform     Memberikan pemahaman kepada ang-             26 Maret 2024    Fifty Seven Prom-        13            1 jam/orang                -               V
          Training       Patroli.                       gota terkhusus Patroli bagaimana cara        26 March 2024    enade Security room.                   1 hours/person
                         Patrol Gform Usage Training.   menggunakan Gform yang bisa berguna
                                                        dan mempermudah kegiatan Patroli.
                                                        Provide an understanding to members,
                                                        especially Patrols, how to use Gform
                                                        which can be useful and facilitate Patrol
                                                        activities.


      26. Pelatihan      Team Work.                     Memiliki kemampuan praktis dalam             27 Maret 2024    Activity Room di          7            1.5 jam/orang              -               V
          Training                                      membangun kolaborasi.                        27 March 2024    Spazio Surabaya.                       1.5 hours/person
                                                        Generate practical skills in building col-                    Spazio Surabaya
                                                        laboration.                                                   Activity Room.




168
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PT Intiland Development Tbk                                                                                                                                                 Management Discussion and Analysis



No Jenis Pelatihan Nama Pelatihan                    Tujuan Program                               Waktu            Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi         Knowledge
   Type of training Activities                       Objectives                                   Pelaksanaan       Pelaksanaan               Gender       per-orang ( jam/orang)    Investment          Sharing
                                                                                                  Implementation   Implementation           L /M   P /F    Training Hours per        (Rp)              YA    TIDAK
                                                                                                  Date             Location                                person (hour/person)                       /YES    /NO

27. Pelatihan      Sosialisasi Aplikasi BAMMS.       Guna meningkatkan pengetahuan                28 Maret 2024    Ruang meeting B3           4       2    2 jam/orang               -                  V
    Training       Socialisation of BAMMS Ap-        karyawan cleaning associates BM (Virtus)     28 March 2024    Fifty Seven Prom-                       2 hours/person
                   plication.                        dalam menggunakan aplikasi BAMMS.                             enade.
                                                     To improve the knowledge of BM (Virtus)                       Fifty Seven Promenade
                                                     cleaning associates in using the BAMMS                        B3 meeting room.
                                                     application.


28. Pelatihan      Pelatihan Manajemen               Meningkatkan pengetahuan dan ket-            28 Maret 2024    Ruang meeting B3           9            2 jam/orang               -                  V
    Training       Keamanan dan Keselamatan          erampilan petugas security BM dalam          28 March 2024    Fifty Seven Prom-                       2 hours/person
                   Gedung.                           menjaga keamanan dan keselamatan                              enade.
                   Building Security and Safety      gedung.                                                       Fifty Seven Promenade
                   Management Training.              Improve the knowledge and skills of BM                        B3 meeting room.
                                                     security officers in maintaining building
                                                     security and safety.


29. Pelatihan      Pembekalan Sertifikasi Staff      Staff SDM memahami penyusunan ura-           30 Maret 2024    Online training via        8       3    5 jam/orang               Rp 2.100.000,-     V
    Training       SDM.                              ian jabatan, administrasi jaminan sosial,    30 March 2024    Pandawa Training &                      5 hours/person
                   HR Staff Certification Debrief-   administrasi pengupahan, dan adminis-                         Consultant.
                   ing.                              trasi penerapan kebijakan MSDM.
                                                     HR staff understand the preparation of job
                                                     descriptions, social security administra-
                                                     tion, wage administration, and adminis-
                                                     tration of HRM policy implementation.


30. Pelatihan      Pelatihan Penggunaan Baju         Meningkatkan pengetahuan dan ket-            5 April 2024     Ruang meeting B3          20            2 jam/orang               -                  V
    Training       Tahan Api.                        erampilan petugas security BM dalam                           Fifty Seven Prom-                       2 hours/person
                   Training on the use of fire       menggunakan baju tahan api.                                   enade.
                   resistant clothing.               Improve the knowledge and skills of BM                        Fifty Seven Promenade
                                                     security officers in using fire resistant                     B3 meeting room.
                                                     clothing.


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        Analisa dan Pembahasan Manajemen                                                                                                                                          Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan Nama Pelatihan                Tujuan Program                                  Waktu             Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi     Knowledge
         Type of training Activities                   Objectives                                      Pelaksanaan        Pelaksanaan               Gender       per-orang ( jam/orang)    Investment      Sharing
                                                                                                       Implementation    Implementation           L /M   P /F    Training Hours per        (Rp)          YA    TIDAK
                                                                                                       Date              Location                                person (hour/person)                   /YES    /NO

      31. Pelatihan      Pelatihan Penggunaan Baju     Meningkatkan pengetahuan dan ket-               19 April 2024     Ruang meeting B3          20            2 jam/orang              -               V
          Training       Tahan Api.                    erampilan petugas security BM dalam                               Fifty Seven Prom-                       2 hours/person
                         Training on the use of fire   menggunakan baju tahan api.                                       enade.
                         resistant clothing.           Improve the knowledge and skills of BM                            Fifty Seven Promenade
                                                       security officers in using fire resistant                         B3 meeting room.
                                                       clothing.


      32. Pelatihan      Emergency Respons Team.       Refresh ulang perihal tugas dan tang-           22 April 2024     Activity Room di          30            1 jam/orang              -               V
          Training                                     gung jawab ERT team security.                   22 April 2024     Spazio Surabaya.                        1 hours/person
                                                       Refresh on the duties and responsibilities                        Spazio Surabaya
                                                       of ERT team security.                                             Activity Room.


      33. Pelatihan      Pelatihan SOP Housekeeping.   Meningkatkan pengetahuan dan                    26 April 2024     Ruang meeting B3          36            7 jam/orang              -               V
          Training       Housekeeping SOP training.    keterampilan tenaga cleaning dalam              26 April 2024     Fifty Seven Prom-                  6    7 hours/person
                                                       menjalankan tugas kesehariannya.                                  enade.
                                                       Improve the knowledge and skills of clean-                        Fifty Seven Promenade
                                                       ing staff in carrying out their daily duties.                     B3 meeting room.


      34. Pelatihan      Stock Keeper Training.        Meningkatkan pengetahuan dan                    29 April 2024 -   Gedung operasional         1            1 jam/orang              -               V
          Training                                     keterampilan petugas dalam membuat              15 Mei 2024       M1 Intiland Tower.                      1 hours/person
                                                       laporan barang stock dan non-stock atau         29 April 2024 -   M1 Intiland Tower
                                                       penarikan data dari sistem IRM ke excel.        15 May 2024       operational building.
                                                       Improve the knowledge and skills of
                                                       officers in creating reports on stock and
                                                       non-stock items or pulling data from the
                                                       IRM system to excel.




170
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PT Intiland Development Tbk                                                                                                                                                     Management Discussion and Analysis



No Jenis Pelatihan Nama Pelatihan                 Tujuan Program                                 Waktu              Tempat                     Jenis Kelamin   Durasi Pelatihan dihitung Investasi         Knowledge
   Type of training Activities                    Objectives                                     Pelaksanaan         Pelaksanaan                  Gender       per-orang ( jam/orang)    Investment          Sharing
                                                                                                 Implementation     Implementation              L /M   P /F    Training Hours per        (Rp)              YA    TIDAK
                                                                                                 Date               Location                                   person (hour/person)                       /YES    /NO

35. Pelatihan      Pelatihan gempa bumi.          Pelatihan Gempa Bumi seluruh tenant            3 Mei 2024         All Area dan Assembly       200      50    1 jam/orang               -                  V
    Training       Earthquake drill.              dan karyawan.                                  3 May 2024         Point Spazio Surabaya.                     1 hours/person
                                                  Earthquake drill for all tenants and em-
                                                  ployees.


36. Pelatihan      Sertifikasi Operator Senior    Memenuhi Standar Kompetensi Opera-             6 - 8 Mei 2024     Pelatihan offline di          2            8 jam/orang               Rp 5.000.000,-     V
    Training       Genset (PLTD Kecil).           tor Genset (PLTD Unit Kecil) Kementrian        6 - 8 May 2024     PT. Eleska Hakit.                          8 hours/person
                   Senior Generator Operator      ESDM.                                                             Offline training at PT.
                   Certification (Small PLTD).    Fulfill the Ministry of Energy and Mineral                        Eleska Hakit.
                                                  Resources’ Generator Operator Compe-
                                                  tency Standards (Small Unit PLTD).


37. Pelatihan      Digital Marketing.             Penjualan dan marketing Talaga Bestari.        7 Mei 2024         Intiland.                     1       2    6 jam/orang               Rp 750.000,-       V
    Training                                      Talaga Bestari marketing and sales.            7 May 2024                                                    6 hours/person


38. Pelatihan      Psychology Marketing.          Penjualan dan marketing Talaga Bestari.        8 Mei 2024         Intiland.                     1       2    6 jam/orang               Rp 750.000,-       V
    Training                                      Talaga Bestari marketing and sales.            8 May 2024                                                    6 hours/person


39. Pelatihan      Pelatihan Service Excellence   Untuk memberikan pelayanan yang                10 Mei 2024        Ruang meeting B3             25            2 jam/orang               -                  V
    Training       & Etika Profesi.               ramah dan terprosedur, serta dapat             10 May 2024        Fifty Seven Prom-                          2 hours/person
                   Service Excellence & Profes-   memberikan kenyamanan kepada Tenant.                              enade.
                   sional Ethics Training.        To provide friendly and procedural services,                      Fifty Seven Promenade
                                                  and can provide comfort to Tenants.                               B3 meeting room.


40. Pelatihan      Training HVAC Chiller          Meningkatkan skill dan kompetensi              13 - 20 Mei 2024   Pelatihan offline di PT.      1            8 jam/orang               Rp 7.500.000,-     V
    Training       Industry.                      karyawan di bidang HVAC.                       13 - 20 May 2024   Accals Indonesia.                          8 hours/person
                                                  Improve employee skills and competencies                          Offline training at PT.
                                                  in the HVAC sector.                                               Accals Indonesia.




                                                                                                                                                                                                                         171
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        Analisa dan Pembahasan Manajemen                                                                                                                                             Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan Nama Pelatihan                   Tujuan Program                               Waktu              Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
         Type of training Activities                      Objectives                                   Pelaksanaan         Pelaksanaan               Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                       Implementation     Implementation           L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                       Date               Location                                person (hour/person)                      /YES    /NO

      41. Pelatihan      Disiplin dalam bekerja.          Meningkatkan ulang produktivitas team        24 Mei 2024        Activity Room di          26            1.5 jam/orang              -                V
          Training       Discipline at work.              HKP khususnya yang ada di Spazio.            24 May 2024        Spazio Surabaya.                        1.5 hours/person
                                                          Re-increase the productivity of the HKP                         Spazio Surabaya
                                                          team, especially those at Spazio.                               Activity Room.


      42. Pelatihan      Persetujuan Bangunan             Memahami implementasi dalam per-             25 - 26 Mei 2024   Online training via       55            6 jam/orang                Rp 200.000,-     V
          Training       Gedung dan Sertifikat Laik       setujuan Bangunan Gedung dan SLF &           25 - 26 May 2024   TAALENTA.                         25    6 hours/person
                         Fungsi Sebagai Syarat Periz-     Memahami alur pembuatan dokumen
                         inan Berusaha.                   persetujuan bangunan gedung dan SLF.
                         Building Approval and Certifi-   Understand the implementation in Build-
                         cate of Functioning as a Busi-   ing and SLF approval & Understand the
                         ness Licence Requirement.        flow of making building and SLF approval
                                                          documents.


      43. Pelatihan      K3 Genset Operator.              Memenuhi rasio kecukupan Operator K3         28 - 31 Mei 2024   Pelatihan Online &         2            8 jam/orang                Rp 11.220.000,- V
          Training                                        Genset di lingkungan kerja.                  28 - 31 May 2024   Offline di                              8 hours/person
                                                          Fulfill the K3 Genset Operator adequacy                         Training Center PT.
                                                          ratio in the work environment.                                  Delta Indonesia
                                                                                                                          Pranenggar.
                                                                                                                          Online & offline
                                                                                                                          training at PT. Delta
                                                                                                                          Indonesia Pranenggar
                                                                                                                          Training Centre.


      44. Pelatihan      Mencintai Pekerjaan.             Meningkatkan ulang produktivitas team        29 Mei 2024        Activity Room di          13            1.5 jam/orang              -                V
          Training       Loving the job.                  secure Parking khususnya yang ada di         29 May 2024        Spazio Surabaya.                        1.5 hours/person
                                                          Spazio.                                                         Spazio Surabaya
                                                          Re-increase the productivity of the secure                      Activity Room.
                                                          parking team, especially those at Spazio.




172
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PT Intiland Development Tbk                                                                                                                                                Management Discussion and Analysis



No Jenis Pelatihan Nama Pelatihan                Tujuan Program                               Waktu             Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
   Type of training Activities                   Objectives                                   Pelaksanaan        Pelaksanaan               Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                              Implementation    Implementation           L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                              Date              Location                                person (hour/person)                      /YES    /NO

45. Pelatihan      Pembinaan Fisik.              Untuk meningkatkan standart kesiapan         31 Mei 2024       Activity Room di          30            1.5 jam/orang               -               V
    Training       Physical Training.            fisik team security.                         31 May 2024       Spazio Surabaya.                        1.5 hours/person
                                                 To improve the physical readiness stand-                       Spazio Surabaya
                                                 ard of the security team.                                      Activity Room.


46. Pelatihan      Pelatihan Penggunaan APAR     Meningkatkan pengetahuan dan keter-          31 Mei 2024       Proyek Kawasan Fase       13            1.5 jam/orang               -               V
    Training       & Hydrant.                    ampilan seluruh karyawan BM dalam            31 May 2024       II Fifty Seven Prom-                    1.5 hours/person
                   APAR & Hydrant Usage Train-   menggunakan APAR dan Hydrant.                                  enade.
                   ing.                          Improve the knowledge and skills of all BM                     Area Project Phase II
                                                 employees in using fire extinguishers and                      Fifty Seven Prom-
                                                 hydrants.                                                      enade.


47. Pelatihan      Operator K3 Gondola.          Memenuhi rasio kecukupan Operator            3 - 5 Juni 2024   Pelatihan Online &         3            8 jam/orang                 Rp 13.000.000,- V
    Training       K3 Gondola Operator.          & Pengawas K3 Gondola di lingkungan          3 - 5 June 2024   Offline di                              8 hours/person
                                                 kerja.                                                         Training Center PT.
                                                 Fulfill the adequacy ratio of Gondola                          Delta Indonesia
                                                 K3 Operators & Supervisors in the work                         Pranenggar.
                                                 environment.                                                   Online & offline
                                                                                                                training at PT. Delta
                                                                                                                Indonesia Pranenggar
                                                                                                                Training Centre.


48. Pelatihan      Belajar struktur bangunan.    Menambah pengetahuan mengenai                5 Juni 2024       Activity Room di          20       5    1.5 jam/orang               -               V
    Training       Learning about building       struktur bangunan agar memahami peri-        5 June 2024       Spazio Surabaya.                        1.5 hours/person
                   structures.                   hal perbedaannya saat adanya retakan                           Spazio Surabaya
                                                 gempa bumi.                                                    Activity Room.
                                                 Increased knowledge about building struc-
                                                 tures in order to understand how they
                                                 differ during earthquake cracks.




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      No Jenis Pelatihan Nama Pelatihan                   Tujuan Program                                Waktu              Tempat              Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
         Type of training Activities                      Objectives                                    Pelaksanaan         Pelaksanaan           Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                        Implementation     Implementation       L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                        Date               Location                            person (hour/person)                      /YES    /NO

      49. Pelatihan se-   Sertifikasi ahli K3 umum.       Meningkatkan kemampuan dan ke-                3 - 15 Juni 2024   Intiland tower.        1            7 jam/orang              Rp 7.650.000,-     V
          cara Online     General K3 expert certifica-    terampilan karyawan terkait peraturan         3 - 15 June 2024                                       7 hours/person
          Online Training tion.                           pemerintah K3 umum dan ahli dalam
                                                          hal mengidentifikasi area bahaya di ling-
                                                          kungan kerja.
                                                          Enhance employees’ abilities and skills
                                                          related to general OHS government regu-
                                                          lations and become experts in identifying
                                                          hazardous areas in the work environment.


      50. Pelatihan       Fifty Seven Promenade           Agar terjaganya standar pelayanan yang        10 Juni 2024       Fifty Seven Prom-     21      14    3 jam/orang              Rp 200.000,-       V
          Training        Services Excellent Frontliner   lebih baik disetiap Building khususnya        10 June 2024       enade.                              3 hours/person
                          Training (Batch 1).             petugas Fontliner diantaranya : Recep-
                                                          tionist. Security, Parking, Gardener,
                                                          Engineering.
                                                          In order to maintain better service stand-
                                                          ards in each Building, especially Fontliner
                                                          officers including: Receptionist. Security,
                                                          Parking, Gardener, Engineering.


      51. Pelatihan       Fifty Seven Promenade           Agar terjaganya standar pelayanan yang        12 Juni 2024       Fifty Seven Prom-     21      14    3 jam/orang              Rp 200.000,-       V
          Training        Services Excellent Frontliner   lebih baik disetiap Building khususnya        12 June 2024       enade.                              3 hours/person
                          Training (Batch 2).             petugas Fontliner diantaranya : Recep-
                                                          tionist. Security, Parking, Gardener,
                                                          Engineering.
                                                          In order to maintain better service stand-
                                                          ards in each Building, especially Fontliner
                                                          officers including: Receptionist. Security,
                                                          Parking, Gardener, Engineering.




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PT Intiland Development Tbk                                                                                                                                                    Management Discussion and Analysis



No Jenis Pelatihan    Nama Pelatihan                  Tujuan Program                                 Waktu            Tempat                Jenis Kelamin   Durasi Pelatihan dihitung Investasi         Knowledge
   Type of training   Activities                      Objectives                                     Pelaksanaan       Pelaksanaan             Gender       per-orang ( jam/orang)    Investment          Sharing
                                                                                                     Implementation   Implementation         L /M   P /F    Training Hours per        (Rp)              YA    TIDAK
                                                                                                     Date             Location                              person (hour/person)                       /YES    /NO

52. Pelatihan         Pelatihan Service Excellence.   Meningkatkan pengetahuan dan keter-            12 Juni 2024     Fifty Seven Prome-      22       6    3.5 jam/orang               -                V
    Training          Service Excellence Training.    ampilan seluruh karyawan Frontliner BM         12 June 2024     nade Functiom Room.                   3.5 hours/person
                                                      dalam memberikan pelayanan terbaik
                                                      kepada tenant/customer.
                                                      Improve the knowledge and skills of all BM
                                                      Frontliner employees in providing the best
                                                      service to tenants/customers.


53. Pelatihan         1Park Avenue Services           Agar terjaganya standar pelayanan yang         18 Juni 2024     1Park Avenue.           21      14    3 jam/orang                 Rp 200.000,-     V
    Training          Excellent Frontliner Training   lebih baik disetiap Building khususnya         18 June 2024                                           3 hours/person
                      (Batch 1).                      petugas Fontliner diantaranya : Recep-
                                                      tionist. Security, Parking, Gardener,
                                                      Engineering.
                                                      In order to maintain better service stand-
                                                      ards in each Building, especially Fontliner
                                                      officers including: Receptionist. Security,
                                                      Parking, Gardener, Engineering.


54. Pelatihan         Tindakan Pertama Tempat         Untuk melatih ulang team security dalam 19 Juni 2024            Activity Room di        30            3 jam/orang                 -                V
    Training          Kejadian Perkara (TPTKP).       menangani kejadian apapun di Spazio.           19 June 2024     Spazio Surabaya.                      3 hours/person
                      First Action at the Scene of    To retrain the security team in handling                        Spazio Surabaya
                      the Crime (TPTKP).              any incident at Spazio.                                         Activity Room.


55. Pelatihan         Training Lift.                  Menambah pengetahuan mengenai                  19 Juni 2024     Activity Room di        20            3 jam/orang                 -                V
    Training                                          keadaan emergency saat ada trouble lift        19 June 2024     Spazio Surabaya.                      3 hours/person
                                                      orang terjebak didalamnya.                                      Spazio Surabaya
                                                      Increase knowledge about emergency                              Activity Room.
                                                      situations when there is trouble lift people
                                                      trapped in it.




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        Analisa dan Pembahasan Manajemen                                                                                                                                            Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan    Nama Pelatihan                   Tujuan Program                                Waktu            Tempat                 Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
         Type of training   Activities                       Objectives                                    Pelaksanaan       Pelaksanaan              Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                           Implementation   Implementation          L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                           Date             Location                               person (hour/person)                      /YES    /NO

      56. Sertifikasi       Sertifikasi BNSP - DLH Sura-     Peserta dapat menilai tingkat pencema-        19 Juni 2024     Gedung Wanita Jl.         1            5 jam/orang              Rp 3.500.000.-     V
          Certification     baya. Penanggung Jawab           ran Air Limbah, mampu mengoprasikan           19 June 2024     Kalibokor, Surabaya.                   5 hours/person
                            Operasional Pengolahan Air       IPAL, melakukan perawatan instalasi                            Women’s Building Jl.
                            Limbah (POPAL).                  pengoprasian IPAL dan mengidentifikasi                         Kalibokor, Surabaya.
                            Person in Charge of Waste-       bahaya serta melakukan tindakan Kes-
                            water Treatment Operations       elamatan jika terjadi Kecelakaan Kerja di
                            (POPAL). Certification by BNSP   area kerja IPAL.
                            – DLH Surabaya.                  Participants are able to assess the level
                                                             of Wastewater pollution, able to operate
                                                             IPAL, perform maintenance of IPAL operat-
                                                             ing installations and identify hazards and
                                                             take Safety measures in the event of a
                                                             Work Accident in the IPAL work area.


      57. Sertifikasi       Sertifikasi BNSP – DLH Sura-     Peserta dapat mengidentifikasi sumber         19 Juni 2024     Gedung Wanita Jl.                 1    5 jam/orang              Rp 5.000.000.-     V
          Certification     baya. Penanggung Jawab           pencemaran air limbah, menetukan              19 June 2024     Kalibokor, Surabaya.                   5 hours/person
                            Pengendalian Pencemaran          karakteristik sumber pencemar air                              Women’s Building Jl.
                            Air (PPPA).                      limbah, menilai tingkat pencemaran Air                         Kalibokor, Surabaya.
                            Person in Charge of Water        Limbah, menentukan peralatan instalasi
                            Pollution Control (PPPA).        IPAL, melaksanakan daur ulang olahan air
                            Certification by BNSP – DLH      limbah, merencanakan dan melaksana-
                            Surabaya.                        kan pemantauan kualitas air limbah, dan
                                                             mengidentifikasi bahaya serta melaku-
                                                             kan tindakan Keselamatan jika terjadi
                                                             Kecelakaan Kerja di area kerja IPAL.
                                                             Participants can identify sources of waste-
                                                             water pollution, determine the charac-
                                                             teristics of wastewater pollutant sources,
                                                             assess the level of Wastewater pollution,
                                                             determine IPAL installation equipment,


176
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PT Intiland Development Tbk                                                                                                                                            Management Discussion and Analysis



No Jenis Pelatihan    Nama Pelatihan                  Tujuan Program                                Waktu            Tempat           Jenis Kelamin   Durasi Pelatihan dihitung Investasi       Knowledge
   Type of training   Activities                      Objectives                                    Pelaksanaan       Pelaksanaan        Gender       per-orang ( jam/orang)    Investment        Sharing
                                                                                                    Implementation   Implementation    L /M   P /F    Training Hours per        (Rp)            YA    TIDAK
                                                                                                    Date             Location                         person (hour/person)                     /YES    /NO

                                                      carry out recycling of processed wastewa-
                                                      ter, plan and carry out wastewater quality
                                                      monitoring, and identify hazards and take
                                                      Safety measures in the event of a Work
                                                      Accident in the IPAL work area.


58. Pelatihan         1Park Avenue Services           Agar terjaganya standar pelayanan yang        20 Juni 2024     1Park Avenue.      21      14    3 jam/orang               Rp 200.000,-     V
    Training          Excellent Frontliner Training   lebih baik disetiap Building khususnya        20 June 2024                                      3 hours/person
                      (Batch 2).                      petugas Fontliner diantaranya : Recep-
                                                      tionist. Security, Parking, Gardener,
                                                      Engineering.
                                                      In order to maintain better service stand-
                                                      ards in each Building, especially Fontliner
                                                      officers including: Receptionist. Security,
                                                      Parking, Gardener, Engineering.


59. Pelatihan         South Quarter Services          Agar terjaganya standar pelayanan yang        24 Juni 2024     South Quarter.     21      14    3 jam/orang               Rp 200.000,-     V
    Training          Excellent Frontliner Training   lebih baik disetiap Building khususnya        24 June 2024                                      3 hours/person
                      (Batch 1).                      petugas Fontliner diantaranya : Recep-
                                                      tionist. Security, Parking, Gardener,
                                                      Engineering.
                                                      In order to maintain better service stand-
                                                      ards in each Building, especially Fontliner
                                                      officers including: Receptionist. Security,
                                                      Parking, Gardener, Engineering.




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        Analisa dan Pembahasan Manajemen                                                                                                                                            Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan    Nama Pelatihan                  Tujuan Program                                Waktu            Tempat                Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
         Type of training   Activities                      Objectives                                    Pelaksanaan       Pelaksanaan             Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                          Implementation   Implementation         L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                          Date             Location                              person (hour/person)                      /YES    /NO

      60. Pelatihan         Services Excellent.             Meningkatkan pengetahuan dan keter-           24 Juni 2024     South Quarter (team              1    4 jam/orang                -                V
          Training                                          ampilan karyawan dalam menghadapi             24 June 2024     services).                            4 hours/person
                                                            kustomer (standarisasi grooming &
                                                            greeting).
                                                            Improve employees’ knowledge and skills
                                                            in dealing with customers (standardised
                                                            grooming & greeting).


      61. Pelatihan         South Quarter Services          Agar terjaganya standar pelayanan yang        26 Juni 2024     South Quarter.          21      14    3 jam/orang                Rp 200.000,-     V
          Training          Excellent Frontliner Training   lebih baik disetiap Building khususnya        26 June 2024                                           3 hours/person
                            (Batch 2).                      petugas Fontliner diantaranya : Recep-
                                                            tionist. Security, Parking, Gardener,
                                                            Engineering.
                                                            In order to maintain better service stand-
                                                            ards in each Building, especially Fontliner
                                                            officers including: Receptionist. Security,
                                                            Parking, Gardener, Engineering.


      62. Pelatihan         Handle Complain.                Memperbaiki cara penyampaian ke pub-          27 Juni 2024     Activity Room di        13            1.5 jam/orang              -                V
          Training                                          lik perihal complaint yang dihadapi oleh      27 June 2024     Spazio Surabaya.                      1.5 hours/person
                                                            petugas parkir.                                                Spazio Surabaya
                                                            Improve the way of communicating to the                        Activity Room.
                                                            public about complaints faced by parking
                                                            attendants.


      63. Pelatihan         General Cleaning Toilet.        Memperbaiki cara kerja team HKP saat          28 Juni 2024     Activity Room di        20       6    1.5 jam/orang              -                V
          Training                                          cleaning.                                     28 June 2024     Spazio Surabaya.                      1.5 hours/person
                                                            Improve the way the HKP team works                             Spazio Surabaya
                                                            when cleaning.                                                 Activity Room.




178
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PT Intiland Development Tbk                                                                                                                                                      Management Discussion and Analysis



No Jenis Pelatihan    Nama Pelatihan                  Tujuan Program                               Waktu               Tempat                 Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
   Type of training   Activities                      Objectives                                   Pelaksanaan          Pelaksanaan              Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                   Implementation      Implementation          L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                   Date                Location                               person (hour/person)                      /YES    /NO

64. Pelatihan         Pelatihan Pertolongan Per-      Meningkatkan pengetahuan & keter-            28 Juni 2024        Fifty Seven Prome-       32       7    2 jam/orang                 -               V
    Training          tama pada Kecelakaan (P3K).     ampilan seluruh karyawan BM dalam            28 June 2024        nade Functiom Room.                    2 hours/person
                      First Aid for Accidents (P3K)   memberikan pertolongan pertama pada
                      Training.                       kecelakaan di area kerja.
                                                      Improve the knowledge & skills of all BM
                                                      employees in providing first aid to ac-
                                                      cidents in the work area.


65. Berbagi           Forum GM: Sosialisasi denda     Sharing dan berbagi informasi mengenai       28 Juni 2024        Online melalui Ms.       15      11    2 jam / orang               -               V
    Pengetahuan       keterlambatan pelaporan         sosialisasi denda keterlambatan pelapo-      14.00 - 16.00 WIB   Teams.                                 2 hours/person
    Knowledge         PPATK, budget proyek di SAP     ran PPATK, budget proyek di SAP dan          28 June 2024        Online via MS Teams.
    Sharing           dan kebijakan kekaryawanan.     kebijakan kekaryawanan.                      14.00 - 16.00 WIB
                      GM Forum: Socialisation of      Sharing knowledge and information about
                      PPATK late reporting penal-     the socialisation of PPATK late reporting
                      ties, project budgets in SAP    fines, project budgets in SAP and employee
                      and employee policies.          policies.


66. Pelatihan         Pelatihan Service Excellent.    Meningkatkan pengetahuan dan keter-          8 Juli 2024         Fifty Seven Prome-       22       7    3.5 jam/orang               -               V
    Training          Service Excellent Training.     ampilan seluruh karyawan Frontliner BM       8 July 2024         nade Functiom Room.                    3.5 hours/person
                                                      dalam memberikan pelayanan terbaik
                                                      kepada tenant/customer.
                                                      Improve the knowledge and skills of all BM
                                                      Frontliner employees in providing the best
                                                      service to tenants/customers.




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      No Jenis Pelatihan    Nama Pelatihan             Tujuan Program                                Waktu               Tempat                     Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
         Type of training   Activities                 Objectives                                    Pelaksanaan          Pelaksanaan                  Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                     Implementation      Implementation              L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                     Date                Location                                   person (hour/person)                      /YES    /NO

      67. Pelatihan         Fire Safety Manager.       Memenuhi persyaratan Gubernur DKI             16 - 18 Juli 2024   Pelatihan offline di PT.      2            3 jam/orang                Rp 30.000.000,- V
          Training                                     Jakarta untuk tersedianya Petugas Fire        16 - 18 July 2024   Proteksi Kebakaran                         3 hours/person
                                                       Safety Manager pada satu pengelolaan                              Nasional.
                                                       gedung bertingkat.                                                Offline training at PT.
                                                       Fulfills the requirements of the Governor                         Proteksi Kebakaran
                                                       of DKI Jakarta for the availability of Fire                       Nasional.
                                                       Safety Manager Officers in one multi-
                                                       storey building management.


      68. Pelatihan         Pembinaan Fisik.           Untuk meningkatkan standart kesiapan          17 Juli 2024        Activity Room di             10            1.5 jam/orang              -                V
          Training          Physical Training.         fisik team security.                          17 July 2024        Spazio Surabaya.                           1.5 hours/person
                                                       To improve the physical readiness stand-                          Spazio Surabaya
                                                       ard of the security team.                                         Activity Room.


      69. Seri Lokakarya    Workshop: Develop Strong   Memberikan pelatihan dan pembeka-             23-24 Juli 2024     23-24 Juli 2024 ber-         29      22    16 jam / orang             Rp. 100.000.000,- V
          Workshop          & Continuous Achievement   lan terkait dengan “Develop Strong &          30-31 Juli 2024     tempat di Classroom                        16 hours/person
          Series            Orientation.               Continuous Achievement Orientation “          08.30 - 17.00       Spazio Surabaya.
                                                       sehingga para leaders bisa mempelopori        23-24 July 2024     30-31 Juli 2024
                                                       terciptanya lingkungan organisasi yang        30-31 July 2024     bertempat di Star
                                                       fokus pada pencapaian hasil kerja mel-        08.30 - 17.00       Room Intiland Tower
                                                       ebihi target yang telah ditetapkan.                               Jakarta.
                                                       Provide training and briefing related to                          23-24 July 2024 at
                                                       ‘Develop Strong & Continuous Achieve-                             Classroom Spazio
                                                       ment Orientation’ so that leaders can                             Surabaya.
                                                       spearhead the creation of an organi-                              30-31 July 2024 at
                                                       sational environment that focuses on                              Star Room Intiland
                                                       achieving work results beyond the set                             Tower Jakarta.
                                                       targets.




180
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PT Intiland Development Tbk                                                                                                                                              Management Discussion and Analysis



No Jenis Pelatihan    Nama Pelatihan                  Tujuan Program                              Waktu            Tempat             Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
   Type of training   Activities                      Objectives                                  Pelaksanaan       Pelaksanaan          Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                  Implementation   Implementation      L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                  Date             Location                           person (hour/person)                      /YES    /NO

70. Pelatihan         HSE basic in office K3.         Untuk meningkatkan kesadaran dan            26 Juli 2024     Activity Room di     12       4    1.5 jam/orang               -               V
    Training                                          pemahaman karyawan mengenai kese-           26 July 2024     Spazio Surabaya.                   1.5 hours/person
                                                      hatan, keselamatn, dan lingkungan kerja                      Spazio Surabaya
                                                      serta meminimalkan resiko kecelakaan di                      Activity Room.
                                                      tempat kerja.
                                                      To increase employees’ awareness and
                                                      understanding of health, safety and the
                                                      work environment and minimise the risk
                                                      of accidents in the workplace.


71. Pelatihan         Training karyawan Surabaya      Memberikan pelatihan kepada para            26 Juli 2024     Bertempat di         14      18    2 jam / orang               -               V
    melalui E-        dengan module penera-           karyawan dengan materi mengenai             14.00-16.00      Classroom Spazio                   2 hours/person
    Learning          pan 5S di lingkungan kerja      penerapan 5S di lingkungan kerja yang       26 July 2024     Surabaya.
    E-learning-       melalui platform E-learning     dipelajari melalu GLADIS.                   14.00-16.00      Spazio Surabaya
    based training    Intiland yaitu GLADIS.          Provided training to employees with mate-                    Classroom.
                      Training Surabaya employees     rial on the application of 5S in the work
                      with 5S implementation mod-     environment learnt through GLADIS.
                      ule in the work environment
                      through Intiland’s E-learning
                      platform, GLADIS.


72. Pelatihan         Self Control.                   Membantu karyawan mengelola emosi,          30 Juli 2024     Activity Room di      5            1.5 jam/orang                               V
    Training                                          meningkatkan focus, dan mengambil           30 July 2024     Spazio Surabaya.                   1.5 hours/person
                                                      keputusan yang lebih baik dalam situasi                      Spazio Surabaya                                                -
                                                      sulit.                                                       Activity Room.
                                                      Helps employees manage emotions, im-
                                                      prove focus, and make better decisions in
                                                      difficult situations.




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        Analisa dan Pembahasan Manajemen                                                                                                                                             Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan    Nama Pelatihan                Tujuan Program                               Waktu                Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi     Knowledge
         Type of training   Activities                    Objectives                                   Pelaksanaan           Pelaksanaan               Gender       per-orang ( jam/orang)    Investment      Sharing
                                                                                                       Implementation       Implementation           L /M   P /F    Training Hours per        (Rp)          YA    TIDAK
                                                                                                       Date                 Location                                person (hour/person)                   /YES    /NO

      73. Pelatihan         Supervisor K3 Scaffolding.    Memenuhi Persyaratan Kemenaker RI            5 - 10 Agustus       Pelatihan Online           1            8 jam/orang                                V
          Training                                        untuk tersedianya Petugas Supervisor         2024                 & Offline di Train-                     8 hours/person            Rp 5.170.000,-
                                                          Scaffolding di Lingkungan Kerja.             5 - 10 August 2024   ing Center PT. Mitra
                                                          Fulfill the requirements of the Indonesian                        Dinamis Yang Utama
                                                          Ministry of Manpower for the availability                         (Midiatama).
                                                          of Scaffolding Supervisor Officers in the                         Online & offline
                                                          Work Environment.                                                 training at PT. Mitra
                                                                                                                            Dinamis Yang Utama
                                                                                                                            (Midiatama)
                                                                                                                            Training Centre.


      74. Seri Lokakarya    Online workshop membaru-      Berbagi informasi untuk membentuk            7 Agustus 2024       Bertempat di Star         11      19    1 jam / orang                              V
          Workshop          kan yang terdahulu.           kesadaran dengan mengkreasikan kertas        11.00-12.00          Room Intiland Tower                     1 hour/person             -
          Series            Online workshop revitalises   tidak terpakai agar menjadi produk ber-      7 August 2024        Jakarta.
                            the past.                     manfaat melalui teknik kreatif.              11.00-12.00          Star Room Intiland
                                                          Sharing knowledge and Information To                              Tower Jakarta.
                                                          Create Awareness By Crafting Unused Pa-
                                                          per Into Useful Products Through Creative
                                                          Techniques.


      75. Sosialisasi       Cara Pengisian DJP.           Meningkatkan pengetahuan seluruh             14 Agustus 2024      Ruang meeting B3           2       5    2 jam/orang               -                V
          Socialisation     How to Fill in DJP.           karyawan BM (Intiland) dalam membuat         14 August 2024       Fifty Seven Prom-                       2 hours/person
                                                          DJP masing-masing (excel file) di setiap                          enade.
                                                          departemen untuk pengisian KPI.                                   Fifty Seven Promenade
                                                          Improve the knowledge of all BM (Intiland)                        B3 meeting room.
                                                          employees in making their respective DJP
                                                          (excel file) in each department for KPI
                                                          filling.




182
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PT Intiland Development Tbk                                                                                                                                                     Management Discussion and Analysis



No Jenis Pelatihan    Nama Pelatihan                Tujuan Program                               Waktu             Tempat                    Jenis Kelamin   Durasi Pelatihan dihitung Investasi           Knowledge
   Type of training   Activities                    Objectives                                   Pelaksanaan        Pelaksanaan                 Gender       per-orang ( jam/orang)    Investment            Sharing
                                                                                                 Implementation    Implementation             L /M   P /F    Training Hours per        (Rp)                YA    TIDAK
                                                                                                 Date              Location                                  person (hour/person)                         /YES    /NO

76. Pelatihan         QMS interpretating and doc-   Meningkatkan kemampuan pengetahuan           26 Agustus 2024   Intiland Tower              12       5    8 jam/orang                 Rp 11.100.000,- V
    Training          umentation ISO 9001:2015.     individu atau organisasi untuk mema-         26 August 2024                                              8 hours/person
                                                    hami dan menerapkan standar-standar
                                                    prosedur yang ditetapkan oleh manaje-
                                                    men.
                                                    Improve the knowledge capability of
                                                    individuals or organisations to understand
                                                    and apply standard procedures set by
                                                    management.


77. Pelatihan         Gada Madya.                   Memenuhi standard kecakapan bagi             27 - 31 Agustus   Pelatihan Offline di         1            3 jam/orang                 Rp 4.000.000,-     V
    Training                                        seorang Manager Security di Gedung.          2024              PT. Insani Astha                          3 hours/person
                                                    Fulfill the skill standards for a Building   27 - 31 August    Cendekia Training
                                                    Security Manager.                            2024              Center.
                                                                                                                   Offline training at PT.
                                                                                                                   Insani Astha Cendekia
                                                                                                                   Training Centre.


78. Pelatihan         Materi Safety.                Untuk memastikan karyawan memahami           29 Agustus 2024   Activity Room di             7       3    1.5 jam/orang               -                  V
    Training          Safety lessons.               prosedur keselamatan kerja dan mencip-       29 August 2024    Spazio Surabaya.                          1.5 hours/person
                                                    takan lingkungan kerja yang lebih aman.                        Spazio Surabaya
                                                    To ensure employees understand work                            Activity Room.
                                                    safety procedures and create a safer work
                                                    environment.


79. Pelatihan         Pembinaan Fisik.              Untuk meningkatkan standart kesiapan         30 Agustus 2024   Mezzanine.                  10            1.5 jam/orang               -                  V
    Training          Physical Training.            fisik team security.                         30 August 2024                                              1.5 hours/person
                                                    To improve the physical readiness stand-
                                                    ard of the security team.




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      No Jenis Pelatihan    Nama Pelatihan                    Tujuan Program                               Waktu              Tempat                   Jenis Kelamin   Durasi Pelatihan dihitung Investasi          Knowledge
         Type of training   Activities                        Objectives                                   Pelaksanaan         Pelaksanaan                Gender       per-orang ( jam/orang)    Investment           Sharing
                                                                                                           Implementation     Implementation            L /M   P /F    Training Hours per        (Rp)               YA    TIDAK
                                                                                                           Date               Location                                 person (hour/person)                        /YES    /NO

      80. Pelatihan         Training implementasi STAR.       Memberikan pelatihan kepada karyawan         4 September 2024   Bertempat di Class-        45      38    1 jam / orang              -                  V
          Training          STAR implementation train-        yang terpilih menjadi Star Talent dan        11.00-12.00        room Spazio Surabaya                     1 hours/person
                            ing.                              Coach mengenai sistem baru yang diim-        4 September 2024   dan Star Room Inti-
                                                              plementasikan untuk talent development       11.00-12.00        land Tower Jakarta.
                                                              program.                                                        Spazio Surabaya Class-
                                                              Provided training to employees selected as                      room and Intiland
                                                              Star Talent and Coach on the new system                         Tower Jakarta Star
                                                              implemented for the talent development                          Room.
                                                              programme.


      81. Pelatihan         Sertifikasi Petugas P3K Ke-       Petugas mampu melakukan peran perto-         9 - 11 September   Esaco Learning Center.     11       6    8 jam/orang                Rp 4.000.000,-     V
          Training          menterian Tenaga Kerja dan        longan pertama kepada korban sebelum         2024                                                        8 hours/person
                            Transmigrasi RI.                  dilakukan evakuasi menuju pelayanan
                            First Aid Officer Certification   kesehatan terdekat.
                            Ministry of Labour and Trans- Officers are able to perform the role of
                            migration RI.                     first aid to victims before evacuation to
                                                              the nearest health service.


      82. Pelatihan         Training Floor Warden.            Meningkatkan pengetahuan seluruh kar-        17 September 2024 Ruang meeting B3            29       8    3 jam/orang                -                  V
          Training                                            yawan BM dan outsource dalam keadaan                            Fifty Seven Prom-                        3 hours/person
                                                              darurat gempa bumi sesuai SOP.                                  enade.
                                                              Improve the knowledge of all BM and                             Fifty Seven Promenade
                                                              outsourced employees in earthquake                              B3 meeting room.
                                                              emergencies according to SOP.


      83. Pelatihan         Pembinaan Fisik.                  Untuk meningkatkan standart kesiapan         18 September 2024 Mezzanine.                  10            1.5 jam/orang              -                  V
          Training          Physical Training.                fisik team security.                                                                                     1.5 hours/person
                                                              To improve the physical readiness stand-
                                                              ard of the security team.




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No Jenis Pelatihan    Nama Pelatihan                Tujuan Program                              Waktu              Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
   Type of training   Activities                    Objectives                                  Pelaksanaan         Pelaksanaan               Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                Implementation     Implementation           L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                Date               Location                                person (hour/person)                      /YES    /NO

84. Pelatihan         SOP Cleaning and Safety       Untuk memahami prosedur kebersihan          19 September 2024 Activity Room di            9       2    1.5 jam/orang               -               V
    Training          Excellent.                    yang standar serta praktik keselamatan                         Spazio Surabaya.                        1.5 hours/person
                                                    terbaik guna menjaga lingkungan kerja                          Spazio Surabaya
                                                    yang bersih dan aman.                                          Activity Room.
                                                    To understand standardised cleaning
                                                    procedures and best safety practices to
                                                    maintain a clean and safe working envi-
                                                    ronment.


85. Pelatihan         Refreshment Risk Profiling.   Meningkatkan pengetahuan & kesadaran        20 September 2024 Ruang meeting B3            6       4    2 jam/orang                 -               V
    Training                                        karyawan BM (Intiland & Outsource)                             Fifty Seven Prom-                       2 hours/person
                                                    dalam meminimalisir dan menanggu-                              enade.
                                                    langi risiko usaha dari masing-masing                          Fifty Seven Promenade
                                                    departemen.                                                    B3 meeting room.
                                                    Increase knowledge & awareness of BM
                                                    employees (Intiland & Outsource) in mini-
                                                    mising and mitigating business risks from
                                                    each department.


86. Pelatihan         Giat Training Damkar &        Guna meningkatkan pengetahuan dan           21 September 2024 Ruang meeting B3           12            2 jam/orang                 -               V
    Training          Penggunaan SCBA.              safety anggota dilapangan ketika terjadi                       Fifty Seven Prom-                       2 hours/person
                      Firefighter Training & SCBA   kebakaran dan melakukan pemadaman                              enade.
                      Usage.                        menggunakan APAR.                                              Fifty Seven Promenade
                                                    To increase the knowledge and safety of                        B3 meeting room.
                                                    members in the field when a fire occurs
                                                    and extinguish using APAR.




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        Analisa dan Pembahasan Manajemen                                                                                                                                           Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan    Nama Pelatihan             Tujuan Program                               Waktu               Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi          Knowledge
         Type of training   Activities                 Objectives                                   Pelaksanaan          Pelaksanaan               Gender       per-orang ( jam/orang)    Investment           Sharing
                                                                                                    Implementation      Implementation           L /M   P /F    Training Hours per        (Rp)               YA    TIDAK
                                                                                                    Date                Location                                person (hour/person)                        /YES    /NO

      87. Pelatihan         SMK3 Auditor.              Memenuhi Persyaratan Kemenaker RI un-        23 - 28 September   Pelatihan Online &         1            6 jam/orang                Rp 4.170.000,-     V
          Training                                     tuk tersedianya Petugas Auditor Sistem       2024                Offline di                              6 hours/person
                                                       Manajemen Keselamatan & Kesehatan                                Training Center PT.
                                                       Kerja.                                                           Mitra Dinamis Yang
                                                       Fulfill the requirements of the Indonesian                       Utama (Midiatama).
                                                       Ministry of Manpower for the availability                        Online & offline
                                                       of Occupational Safety & Health Manage-                          training at PT. Mitra
                                                       ment System Auditor Officers.                                    Dinamis Yang Utama
                                                                                                                        (Midiatama) Training
                                                                                                                        Centre.


      88. Pelatihan         K3 Petugas Pemadam Keba-   Meningkatkan skill dan kompetensi            26 September -      Pelatihan Online &         1            6 jam/orang                Rp 8.160.000,-     V
          Training          karan Level C.             Karyawan Petugas Pemadam Kebakaran           2 Oktober 2024      Offline di                              6 hours/person
                            K3 Level C Firefighters.   di Gedung.                                   26 September -      Training Center PT.
                                                       Improving the skills and competence of       2 October 2024      Delta Indonesia
                                                       Firefighter Employees in Buildings.                              Pranenggar.
                                                                                                                        Online & offline
                                                                                                                        training at PT. Delta
                                                                                                                        Indonesia Pranenggar
                                                                                                                        Training Centre.


      89. Pelatihan         Manajemen Konflik.         Untuk membantu karyawan mengiden-            30 September 2024 Activity Room di             7            1.5 jam/orang              -                  V
          Training          Conflict Management.       tifikasi, mnangani, dan menyelesaikan                            Spazio Surabaya.                        1.5 hours/person
                                                       konflik secara efektif serta menjaga                             Spazio Surabaya
                                                       hubungan kerja yang positif.                                     Activity Room.
                                                       To help employees identify, manage and
                                                       resolve conflicts effectively and maintain
                                                       positive working relationships.




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PT Intiland Development Tbk                                                                                                                                                      Management Discussion and Analysis



No Jenis Pelatihan    Nama Pelatihan                    Tujuan Program                              Waktu             Tempat                    Jenis Kelamin   Durasi Pelatihan dihitung Investasi         Knowledge
   Type of training   Activities                        Objectives                                  Pelaksanaan        Pelaksanaan                 Gender       per-orang ( jam/orang)    Investment          Sharing
                                                                                                    Implementation    Implementation             L /M   P /F    Training Hours per        (Rp)              YA    TIDAK
                                                                                                    Date              Location                                  person (hour/person)                       /YES    /NO

90. Pelatihan         Evakuasi keadaan darurat          Mengetahui metode teknis evakuasi           30 September 2024 Ruang bersama B2            32       8    3 jam/orang               Rp 2.200.000.-     V
    Training          kebakaran.                        gedung yang efektif, memahami rencana                         dan Gedung blok H                         3 hours/person
                      Fire emergency evacuation.        tindakan keadaan darurat kebakaran, dan                       The Rosebay.
                                                        mengerti tentang penggunaan APAR.                             B2 common room and
                                                        Knowing effective technical methods                           H block building of The
                                                        of building evacuation, understand fire                       Rosebay.
                                                        emergency action plans, and understand
                                                        the use of fire extinguishers.


91. Pelatihan         Refreshment 5S/5R.                Meningkatkan kesadaran seluruh kar-         1 Oktober 2024    Ruang meeting B3             3       5    2 jam/orang               -                  V
    Training                                            yawan BM (Intiland & Outsource) dalam       1 October 2024    Fifty Seven Prom-                         2 hours/person
                                                        pentingnya menerapkan prnsip 5S dalam                         enade.
                                                        meja kerja masing-masing dan area                             Fifty Seven Promenade
                                                        kerjanya.                                                     B3 meeting room.
                                                        Increase the awareness of all BM em-
                                                        ployees (Intiland & Outsource) in the
                                                        importance of implementing 5S principles
                                                        in their respective desks and work areas.


92. Pelatihan         Training Aktivasi Kartu Parkir.   Meningkatkan pengetahuan karyawan           3 Oktober 2024    Ruang BM B2                 10       1    2 jam/orang               -                  V
    Training          Parking Card Activation           BM khususny Dept. Engineering dan RERE 3 October 2024         Fifty Seven Prom-                         2 hours/person
                      Training.                         dalam proses mengaktifkan kartu parkir                        enade.
                                                        permintaan tenant sesuai House Rules.                         Fifty Seven Promenade
                                                        Improve the knowledge of BM employees,                        BM B2 Room.
                                                        especially Dept. Engineering and RERE in
                                                        the process of activating tenant request
                                                        parking cards according to House Rules.




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        Analisa dan Pembahasan Manajemen                                                                                                                                            Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan    Nama Pelatihan                  Tujuan Program                               Waktu             Tempat                Jenis Kelamin   Durasi Pelatihan dihitung Investasi       Knowledge
         Type of training   Activities                      Objectives                                   Pelaksanaan        Pelaksanaan             Gender       per-orang ( jam/orang)    Investment        Sharing
                                                                                                         Implementation    Implementation         L /M   P /F    Training Hours per        (Rp)            YA    TIDAK
                                                                                                         Date              Location                              person (hour/person)                     /YES    /NO

      93. Pelatihan         Training Evacuation Drill.      Meningkatkan pengetahuan dan ke-             3 Oktober 2024    Area 57 Promenade.      51      13    3 jam/orang                -               V
          Training                                          waspadaan seluruh karyawan BM dan            3 October 2024                                          3 hours/person
                                                            outsource dalam keadaan darurat gempa
                                                            bumi sesuai SOP.
                                                            Increase the knowledge and vigilance of
                                                            all BM employees and outsourced in an
                                                            earthquake emergency according to SOP.


      94. Webinar           Potensi Megathrust di Indo-     Mengetahui langkah mitigasi memper-          3 Oktober 2024    Online melalui Zoom              1    2 jam/orang                -               V
                            nesia: Dampak Serta Langkah     siapkan terjadinya fenomena Megathrust       3 October 2024    Meeting.                              2 hours/person
                            Adaptasi dan Mitigasi.          di daerah masing-masing.                                       Via Zoom Meeting.
                            Megathrust Potential in Indo-   Knowing the mitigation measures to pre-
                            nesia: Impacts and Adapta-      pare for the occurrence of the Megathrust
                            tion and Mitigation Measures.   phenomenon in their respective areas


      95. Pelatihan         Training Evacuation Drill Non   Meningkatkan pengetahuan dan ke-             11 Oktober 2024   Area 57 Promenade.      12            1 jam/orang                -               V
          Training          Jam Kerja.                      waspadaan seluruh karyawan BM dan            11 October 2024                                         1 hours/person
                            Non-Working Hours Evacua-       outsource dalam keadaan darurat gempa
                            tion Drill Training.            bumi sesuai SOP.
                                                            Increase the knowledge and alertness of
                                                            all BM and outsourced employees in an
                                                            earthquake emergency according to SOP.


      96. Pelatihan         Emergency Respons Team.         Refresh ulang perihal tugas dan tang-        22 Oktober 2024   Activity Room di        17            1.5 jam/orang              -               V
          Training                                          gung jawab ERT team security.                22 October 2024   Spazio Surabaya.                      1.5 hours/person
                                                            Refresh on the duties and responsibilities                     Spazio Surabaya
                                                            of the ERT team security.                                      Activity Room.




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PT Intiland Development Tbk                                                                                                                                                  Management Discussion and Analysis



No Jenis Pelatihan Nama Pelatihan                  Tujuan Program                                Waktu             Tempat                   Jenis Kelamin   Durasi Pelatihan dihitung Investasi         Knowledge
   Type of training Activities                     Objectives                                    Pelaksanaan        Pelaksanaan                Gender       per-orang ( jam/orang)    Investment          Sharing
                                                                                                 Implementation    Implementation            L /M   P /F    Training Hours per        (Rp)              YA    TIDAK
                                                                                                 Date              Location                                 person (hour/person)                       /YES    /NO

97. Pelatihan      Intiland (OM), IHPM Services    Agar terjaganya standar pelayanan yang        23 Oktober 2024   Intiland (OM), IHPM.       21      14    3 jam/orang               Rp 200.000,-       V
    Training       Excellent Frontliner Training   lebih baik disetiap Building khususnya        23 October 2024                                            3 hours/person
                   (Batch 1).                      petugas Fontliner diantaranya : Recep-
                                                   tionist. Security, Parking, Gardener,
                                                   Engineering.
                                                   In order to maintain better service stand-
                                                   ards in each Building, especially Fontliner
                                                   officers including: Receptionist. Security,
                                                   Parking, Gardener, Engineering.


98. Pelatihan      Sertifikasi Operator Per-       Memenuhi persyaratan Kementrian               23 - 24 Oktober   PPSDM KEBTKE’ Jl            1            8 jam/orang               Rp 5.500.000,-     V
    Training       alaatan Mesin Diesel.           ESDM.                                         2024              Poncol Raya No 39 Ci-                    8 hours/person
                   Diesel Engine Operator Certi-   To fulfill the requirements of the Ministry   23 - 24 October   racas - Jakarta Timur.
                   fication.                       of Energy and Mineral Resources.              2024              PPSDM KEBTKE’ Jl Pon-
                                                                                                                   col Raya No 39 Ciracas
                                                                                                                   - East Jakarta.


99. Pelatihan      Intiland (OM), IHPM Services    Agar terjaganya standar pelayanan yang        24 Oktober 2024   Intiland (OM), IHPM.       21      14    3 jam/orang               Rp 200.000,-       V
    Training       Excellent Frontliner Training   lebih baik disetiap Building khususnya        24 October 2024                                            3 hours/person
                   (Batch 2).                      petugas Fontliner diantaranya : Recep-
                                                   tionist. Security, Parking, Gardener,
                                                   Engineering.
                                                   In order to maintain better service stand-
                                                   ards in each Building, especially Fontliner
                                                   officers including: Receptionist. Security,
                                                   Parking, Gardener, Engineering.




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      No   Jenis Pelatihan Nama Pelatihan                 Tujuan Program                                Waktu             Tempat                 Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
           Type of training Activities                    Objectives                                    Pelaksanaan        Pelaksanaan              Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                                        Implementation    Implementation          L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                                        Date              Location                               person (hour/person)                      /YES    /NO

      100. Pelatihan      Basic SOP, Nama peralatan,      Untuk memastikan staf memahami                25 Oktober 2024   Activity Room di          7       4    1.5 jam/orang              -                V
           Training       dan Chemical.                   prosedur operasional standar dalam            25 October 2024   Spazio Surabaya.                       1.5 hours/person
                          Basic SOP, Equipment name,      menjalankan tugasnya dengan efisien                             Spazio Surabaya
                          and Chemical.                   dan aman.                                                       Activity Room.
                                                          To ensure staff understand the standard
                                                          operating procedures to perform their du-
                                                          ties efficiently and safely.


      101. Pelatihan      Serenia Estate Management,      Agar terjaganya standar pelayanan yang        29 Oktober 2024   Serenia Estate Mana-     21      14    3 jam/orang                Rp 200.000,-     V
           Training       Serenia Sports Club Services    lebih baik disetiap Building khususnya        29 October 2024   gement, Serenia                        3 hours/person
                          Excellent Frontliner Training   petugas Fontliner diantaranya : Recep-                          Sports Club.
                          (Batch 1).                      tionist. Security, Parking, Gardener,
                                                          Engineering.
                                                          In order to maintain better service stand-
                                                          ards in each Building, especially Fontliner
                                                          officers including: Receptionist. Security,
                                                          Parking, Gardener, Engineering.


      102. Pelatihan      Serenia Estate Management,      Agar terjaganya standar pelayanan yang        30 Oktober 2024   Serenia Estate Mana-     21      14    3 jam/orang                Rp 200.000,-     V
           Training       Serenia Sports Club Services    lebih baik disetiap Building khususnya        30 October 2024   gement, Serenia                        3 hours/person
                          Excellent Frontliner Training   petugas Fontliner diantaranya : Recep-                          Sports Club.
                          (Batch 2).                      tionist. Security, Parking, Gardener,
                                                          Engineering.
                                                          In order to maintain better service stand-
                                                          ards in each Building, especially Fontliner
                                                          officers including: Receptionist. Security,
                                                          Parking, Gardener, Engineering.




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PT Intiland Development Tbk                                                                                                                                                   Management Discussion and Analysis



No Jenis Pelatihan Nama Pelatihan               Tujuan Program                                 Waktu             Tempat                    Jenis Kelamin   Durasi Pelatihan dihitung Investasi           Knowledge
   Type of training Activities                  Objectives                                     Pelaksanaan        Pelaksanaan                 Gender       per-orang ( jam/orang)    Investment            Sharing
                                                                                               Implementation    Implementation             L /M   P /F    Training Hours per        (Rp)                YA    TIDAK
                                                                                               Date              Location                                  person (hour/person)                         /YES    /NO

103. Pelatihan     Handle Complain.             Untuk menyelesaikan keluhan pelang-            30 Oktober 2024   Activity Room di             6            1.5 jam/orang               -                  V
    Training       Complain Handling.           gan dengan cepat dan efektif, menjaga          30 October 2024   Spazio Surabaya.                          1.5 hours/person
                                                kepuasan pelanggan, membangun                                    Spazio Surabaya
                                                hubungan yang baik, serta meningkat-                             Activity Room.
                                                kan kualitas layanan atau produk yang
                                                ditawarkan.
                                                To resolve customer complaints quickly
                                                and effectively, maintain customer
                                                satisfaction, build good relationships, and
                                                improve the quality of services or products
                                                offered.


104. Pelatihan     Basic life Support.          Untuk memastikan bahwa peserta dapat           31 Oktober 2024   Activity Room di            10      12    3 jam/orang                 -                  V
    Training                                    memberikan pertolongan pertama yang            31 October 2024   Spazio Surabaya.                          3 hours/person
                                                tepat, yang dapat menyelamatkan nyawa                            Spazio Surabaya
                                                dan mengurangi dampak buruk sebelum                              Activity Room.
                                                pertolongan medis profesional tersedia.
                                                To ensure that participants are able to pro-
                                                vide appropriate first aid, which can save
                                                lives and reduce adverse effects before
                                                professional medical help is available.


105. Pelatihan     Sertifikasi Operator Alat    Untuk memenuhi persyaratan Kemen-              8 November 2024   PT Sinergi Solusi            1            8 jam/orang                 Rp 2.000.000,-     V
    Training       Angkut.                      trian Tenaga Kerja.                            8 November 2024   Indonesia. Cipinang                       8 hours/person
                   Transport Equipment Opera-   To Fulfill the requirements of the Ministry                      Cempedak Jakarta
                   tor Certification.           of Labour.                                                       Timur.
                                                                                                                 PT Sinergi Solusi Indo-
                                                                                                                 nesia. Cipinang Cem-
                                                                                                                 pedak East Jakarta.




                                                                                                                                                                                                                       191
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        Analisa dan Pembahasan Manajemen                                                                                                                                             Laporan Tahunan | Annual Report 2024



      No Jenis Pelatihan Nama Pelatihan                  Tujuan Program                                Waktu              Tempat                 Jenis Kelamin    Durasi Pelatihan dihitung Investasi          Knowledge
         Type of training Activities                     Objectives                                    Pelaksanaan         Pelaksanaan              Gender        per-orang ( jam/orang)    Investment           Sharing
                                                                                                       Implementation     Implementation          L /M     P /F   Training Hours per        (Rp)               YA    TIDAK
                                                                                                       Date               Location                                person (hour/person)                        /YES    /NO

      106. Pelatihan     Pelatihan Penanggulangan        Memberikan Pemahaman mengenai pe-             20 November 2024 Ruang Meeting ACP2           120     30   3 jam / orang              Rp 9.660.000,-     V
          Training       Bencana Kebakaran.              nyebab terjadinya kebakaran, memberi-         20 November 2024   Lt. UG Aeropolis.                       3 hours/person
                         Fire Disaster Response Train-   kan pengetahuan dasar tentang upaya                              ACP2 Meeting Room
                         ing.                            pencegahan kebakaran dan memberikan                              UG Floor Aeropolis.
                                                         pelatihan dalam mengoperasikan APAR.
                                                         Provided an understanding of the causes
                                                         of fires, provided basic knowledge of fire
                                                         prevention efforts and provided training in
                                                         operating fire extinguishers.


      107. Berbagi Pe-   Sharing Session - Innovative    Sharing dari leaders Intiland menge-          21 November 2024 Online melalui Ms.           24      27   2 jam / orang              -                  V
          ngetahuan      Mindset Leads to Transform-     nai salah satu kompetensi yang harus          14.00-16.00 WIB    Teams.                                  2 hours/person
          Knowledge      ative Solutions.                dimiliki oleh para karyawan Intiland          21 November 2024   Online via MS Teams.
          Sharing                                        yaitu Innovative untuk meningkatkan           14.00-16.00 WIB
                                                         pemahaman karyawan mengenai values
                                                         tersebut.
                                                         Sharing information from Intiland’s lead-
                                                         ers about one of the competencies that
                                                         Intiland’s employees must have, namely
                                                         Innovative, to increase employees’ under-
                                                         standing of these values.


      108. Pelatihan     Pengenalan Hydrant.             Untuk memberikan pemahaman dasar              23 November 2024 Rooftoop di Spazio           13           1.5 jam/orang              -                  V
          Training       Hydrant introduction.           mengenai sistem hidran (pemadam keba- 23 November 2024           Surabaya.                               1.5 hours/person
                                                         karan) dan cara penggunaannya dengan                             Spazio Surabaya
                                                         efektif dalam situasi darurat kebakaran.                         Rooftop.
                                                         To provide a basic understanding of fire
                                                         hydrant systems and how to use them ef-
                                                         fectively in a fire emergency situation.




192
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PT Intiland Development Tbk                                                                                                                                     Management Discussion and Analysis



No Jenis Pelatihan Nama Pelatihan           Tujuan Program                             Waktu              Tempat             Jenis Kelamin   Durasi Pelatihan dihitung Investasi        Knowledge
   Type of training Activities              Objectives                                 Pelaksanaan         Pelaksanaan          Gender       per-orang ( jam/orang)    Investment         Sharing
                                                                                       Implementation     Implementation      L /M   P /F    Training Hours per        (Rp)             YA    TIDAK
                                                                                       Date               Location                           person (hour/person)                      /YES    /NO

109. Pelatihan     Customerku sahabatku.    Untuk menjadikan setiap interaksi          28 November 2024 Activity Room di        6            1.5 jam/orang               -               V
    Training       My customer is my best   dengan pelanggan sebagai kesempatan        28 November 2024   Spazio Surabaya.                   1.5 hours/person
                   friend.                  untuk membangun hubungan yang kuat,                           Spazio Surabaya
                                            menciptakan kepuasan pelanggan, dan                           Activity Room.
                                            memperkuat reputasi perusahaan seba-
                                            gai sahabat yang dapat diandalkan.
                                            To make every interaction with customers
                                            an opportunity to build strong relation-
                                            ships, create customer satisfaction, and
                                            strengthen the Company’s reputation as a
                                            reliable friend.


110. Pelatihan     Etika dan Bekerja.       Untuk memberikan pemahaman dan             28 November 2024 Activity Room di        7       4    1.5 jam/orang               -               V
    Training       Ethics and Work.         keterampilan kepada peserta mengenai       28 November 2024   Spazio Surabaya.                   1.5 hours/person
                                            pentingnya etika profesional dalam ling-                      Spazio Surabaya
                                            kungan kerja, serta bagaimana menerap-                        Activity Room.
                                            kannya untuk menciptakan suasana kerja
                                            yang produktif, harmonis, dan menghar-
                                            gai nilai-nilai moral yang baik.
                                            To provide participants with an under-
                                            standing and skills on the importance of
                                            professional ethics in the work environ-
                                            ment, as well as how to apply them to
                                            create a productive, harmonious work
                                            atmosphere and respect for good moral
                                            values.




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      No Jenis Pelatihan Nama Pelatihan                      Tujuan Program                              Waktu              Tempat                 Jenis Kelamin   Durasi Pelatihan dihitung Investasi       Knowledge
         Type of training Activities                         Objectives                                  Pelaksanaan         Pelaksanaan              Gender       per-orang ( jam/orang)    Investment        Sharing
                                                                                                         Implementation     Implementation          L /M   P /F    Training Hours per        (Rp)            YA    TIDAK
                                                                                                         Date               Location                               person (hour/person)                     /YES    /NO

      111. Pelatihan       Training Senam Borgol.            Meningkatkan pengetahuan dan kewas-         30 November 2024 Jalan Promenade.           12            2 jam/orang                -               V
          Training         Handcuff Gymnastics Train-        padaan seluruh anggota security ARMY        30 November 2024   Promenade Street.                      2 hours/person
                           ing.                              dalam menggunakan borgol saat situasi
                                                             membutuhkan penanganan khusus.
                                                             Increase the knowledge and alertness of
                                                             all ARMY security members in using hand-
                                                             cuffs when the situation requires special
                                                             handling.


      112. Pelatihan       Training P3K.                     Meningkatkan pengetahuan anggota            30 November 2024 Ruang Klinik B2.            7            1 jam/orang                -               V
          Training         First Aid Training.               security dan karyawan cleaning service      30 November 2024   Clinic Room B2.                        1 hours/person
                                                             dalam memberikan pertolongan pertama
                                                             saat keadaan darurat.
                                                             Improve the knowledge of security mem-
                                                             bers and cleaning service employees in
                                                             providing first aid during emergencies.


      113. Pelatihan       Training karyawan dengan          Memberikan pelatihan kepada para            2 Desember 2024    Online melalui Ms.      287     260    1.5 jam / orang            -               V
          melalui E-       module Corporate Values di        karyawan dengan materi mengenai             2 December 2024    Teams.                                 1.5 hours/person
          Learning         platform E-learning Intiland      Corporate Values yang dipelajari melalu                        Online via MS Teams.
          E-learning-      yaitu GLADIS.                     GLADIS.
          based training   Employee training with the        Provided training to employees with mate-
                           Corporate Values module on        rial on Corporate Values learnt through
                           Intiland’s E-learning platform,   GLADIS.
                           GLADIS.


      114. Pelatihan       Belajar Tentang Procurement.      Untuk memberikan pemahaman yang             3 Desember 2024    Activity Room di          7       5    1.5 jam/orang              -               V
          Training         Learn about Procurement.          mendalam mengenai proses pengadaan          3 December 2024    Spazio Surabaya.                       1.5 hours/person
                                                             barang dan jasa dalam suatu organisasi,                        Spazio Surabaya
                                                             serta keterampilan yang diperlukan                             Activity Room.


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No Jenis Pelatihan Nama Pelatihan                Tujuan Program                                 Waktu              Tempat                  Jenis Kelamin   Durasi Pelatihan dihitung Investasi           Knowledge
   Type of training Activities                   Objectives                                     Pelaksanaan         Pelaksanaan               Gender       per-orang ( jam/orang)    Investment            Sharing
                                                                                                Implementation     Implementation           L /M   P /F    Training Hours per        (Rp)                YA    TIDAK
                                                                                                Date               Location                                person (hour/person)                         /YES    /NO

                                                 untuk mengelola procurement secara
                                                 efektif dan efisien.
                                                 To provide an in-depth understanding
                                                 of the procurement process within an
                                                 organisation, as well as the skills required
                                                 to manage procurement effectively and
                                                 efficiently.


115. Pelatihan     Sertifikasi Tata Udara AC     Kebutuhan Operasional.                         4 Desember 2024    Kantor Seketariat          1            8 jam/orang                 Rp 2.500.000,-     V
    Training       Komersial & VRF.              Operational needs.                             4 December 2024    APITU Pamulang                          8 hours/person
                   Commercial Air Conditioning                                                                     Tangerang Selatan.
                   & VRF Certification.                                                                            APITU Secretariat Of-
                                                                                                                   fice, Pamulang South
                                                                                                                   Tangerang.


116. Pelatihan     Fire Evacuation Drill.        Meningkatkan pengetahuan dan kewas-            12 Desember 2024 Area 57 Promenade.          66      15    1 jam/orang                 -                  V
    Training                                     padaan seluruh karyawan BM, karyawan           12 December 2024                                           1 hours/person
                                                 outsource dan tenant dalam keadaan
                                                 darurat kebakaran sesuai SOP.
                                                 Improve the knowledge and vigilance of
                                                 all BM employees, outsourced employees
                                                 and tenants in a fire emergency according
                                                 to the SOP.


117. Pelatihan     Environment Care.             Untuk memberikan pemahaman dan                 13 Desember 2024 Activity Room di             7       5    1.5 jam/orang               -                  V
    Training                                     keterampilan kepada peserta mengenai           13 December 2024   Spazio Surabaya.                        1.5 hours/person
                                                 pentingnya menjaga kelestarian ling-                              Spazio Surabaya
                                                 kungan, serta bagaimana cara bertindak                            Activity Room.
                                                 secara bertanggung jawab dan berkelan-
                                                 jutan dalam kegiatan sehari-hari, baik


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      No Jenis Pelatihan Nama Pelatihan            Tujuan Program                                Waktu              Tempat             Jenis Kelamin   Durasi Pelatihan dihitung Investasi       Knowledge
         Type of training Activities               Objectives                                    Pelaksanaan         Pelaksanaan          Gender       per-orang ( jam/orang)    Investment        Sharing
                                                                                                 Implementation     Implementation      L /M   P /F    Training Hours per        (Rp)            YA    TIDAK
                                                                                                 Date               Location                           person (hour/person)                     /YES    /NO

                                                   di lingkungan kerja maupun dalam
                                                   kehidupan pribadi.
                                                   To provide participants with an under-
                                                   standing and skills on the importance of
                                                   preserving the environment, as well as
                                                   how to act responsibly and sustainably in
                                                   daily activities, both in the work environ-
                                                   ment and in personal life.


      118. Pelatihan     Pembinaan Fisik.          Untuk meningkatkan standart kesiapan          21 Desember 2024 Activity Room di       10            1.5 jam/orang              -               V
          Training       Physical Training.        fisik team security.                          21 December 2024   Spazio Surabaya.                   1.5 hours/person
                                                   To improve the physical readiness stand-                         Spazio Surabaya
                                                   ard of the security team.                                        Activity Room.


      119. Pelatihan     Motivasi dalam Bekerja.   Untuk membantu peserta memahami               30 Desember 2024 Activity Room di        6       3    1.5 jam/orang              -               V
          Training       Motivation at work.       dan mengembangkan sikap serta mind-           30 December 2024   Spazio Surabaya.                   1.5 hours/person
                                                   set yang positif, yang dapat mening-                             Spazio Surabaya
                                                   katkan semangat dan kinerja di tempat                            Activity Room.
                                                   kerja.
                                                   To help participants understand and
                                                   develop positive attitudes and mindsets,
                                                   which can improve morale and perfor-
                                                   mance in the workplace.




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Program Pengembangan Karyawan
Employee Development Programs
Catatan / Note:      L: Laki-Laki | M: Male    P: Perempuan | F: Female


No Tanggal Pelaksanaan /      Media Keterlibatan       Nama Acara                       Target Acara                                                            Peserta       Realisasi dari Target
   Implementation Date        / Engagement Platforms   / Event Title                    / Event Targets                                                       /Participants   Acara /Realization of
                                                                                                                                                              L /M     P /F   Event Targets



1   Setiap tiga bulan         E-Learning               Training karyawan baru dengan    Memberikan pelatihan kepada para karyawan baru dengan ma-             45       37     Terlaksana sesuai jadwal
    Quarterly                                          module NHOB di GLADIS.           teri yang menyeluruh yaitu meliputi module NHOB - New Hire On                         Implemented as scheduled
                                                       New employee training with       Board, modul Corporate Values, modul NDA - Non Disclosure Agree-
                                                       NHOB module at GLADIS.           ment, dan modul COC - Code of Conduct).
                                                                                        Provided training to new employees with comprehensive materi-
                                                                                        als including NHOB - New Hire On Board module, Corporate Values
                                                                                        module, NDA - Non Disclosure Agreement module, and COC - Code
                                                                                        of Conduct module).


2   26 Januari 2024           Berbagi Pengetahuan      Forum GM: UU P2SK tentang        Sharing dan berbagi informasi mengenai UU P2SK tentang usia           12        9     Terlaksana sesuai jadwal
    14.00 - 16.00             Knowledge Sharing        usia pensiun normal dan usia     pensiun normal dan usia pensiun dipercepat.                                           Implemented as scheduled
    26 January 2024                                    pensiun dipercepat.              Sharing knowledge and information about the P2SK Law on normal
    14.00 - 16.00                                      GM Forum: P2SK Law on normal     retirement age and accelerated retirement age.
                                                       retirement age and accelerated
                                                       retirement age.


3   6 Febuari 2024            Berbagi Pengetahuan      Learning Corner: bersama para    Sharing dan berbagi informasi mengenai program inovasi dari           41       25     Terlaksana sesuai jadwal
    14.00 - 15.30             Knowledge Sharing        pemenang juara 1 SGAJDI (Team    pemenang juara satu kompetisi SGAJDI kepada para karyawan.                            Implemented as scheduled
    6 Febuary 2024                                     GGFC dan Team Procurement).      Sharing and sharing information about the innovation programme
    14.00 - 15.30                                      Learning Corner: with the 1st    from the first place winner of the SGAJDI competition to employees.
                                                       place winners of SGAJDI (Team
                                                       GGFC and Team Procurement)




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      No Tanggal Pelaksanaan /    Media Keterlibatan       Nama Acara                          Target Acara                                                            Peserta       Realisasi dari Target
            Implementation Date   / Engagement Platforms   / Event Title                       / Event Targets                                                       /Participants   Acara /Realization of
                                                                                                                                                                     L /M     P /F   Event Targets



      4     21 Maret 2024         Berbagi Pengetahuan      Sharing session: Develop strong     Sharing dari leaders Intiland mengenai salah satu kompetensi yang     35       39      Terlaksana sesuai jadwal
            14.00 - 16.00         Knowledge Sharing        and    continuous   achievement     harus dimiliki oleh para karyawan Intiland yaitu achievement ori-                      Implemented as scheduled
            21 March 2024                                  orientation.                        entation untuk meningkatkan pemahaman karyawan mengenai
            14.00 - 16.00                                                                      values tersebut.
                                                                                               Sharing knowledge from Intiland’s leaders about one of the compe-
                                                                                               tencies that Intiland’s employees must have, namely achievement
                                                                                               orientation, to increase employees’ understanding of these values.


      5     28 Juni 2024          Berbagi Pengetahuan      Forum GM: Sosialisasi denda ke-     Sharing knowledge and information about the socialisation of          15       11      Terlaksana sesuai jadwal
            14.00 - 16.00         Knowledge Sharing        terlambatan pelaporan PPATK,        PPATK late reporting fines, project budgets in SAP and employee                        Implemented as scheduled
            28 June 2024                                   budget proyek di SAP dan kebija-    policies.
            14.00 - 16.00                                  kan kekaryawanan.                   GM Forum: Socialisation of PPATK late reporting penalties, project
                                                           GM Forum: Socialisation of PPATK    budgets in SAP and employee policies.
                                                           late reporting penalties, project
                                                           budgets in SAP and employee
                                                           policies


      6     23-24 Juli 2024       Seri Lokakarya           Workshop: Develop Strong &          Memberikan pelatihan dan pembekalan terkait dengan “Develop           29       22      Terlaksana sesuai jadwal
            30-31 Juli 2024       Workshop Series          Continuous Achievement Orien-       Strong & Continuous Achievement Orientation “ sehingga para                            Implemented as scheduled
            08.30 - 17.00                                  tation.                             leaders bisa mempelopori terciptanya lingkungan organisasi yang
            23-24 Juli 2024                                                                    fokus pada pencapaian hasil kerja melebihi target yang telah
            30-31 Juli 2024                                                                    ditetapkan.
            08.30 - 17.00                                                                      Provide training and briefing related to ‘Develop Strong & Continu-
                                                                                               ous Achievement Orientation’ so that leaders can spearhead the
                                                                                               creation of an organisational environment that focuses on achieving
                                                                                               work results beyond the set targets.




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No Tanggal Pelaksanaan /      Media Keterlibatan       Nama Acara                             Target Acara                                                              Peserta       Realisasi dari Target
     Implementation Date      / Engagement Platforms   / Event Title                          / Event Targets                                                         /Participants   Acara /Realization of
                                                                                                                                                                      L /M     P /F   Event Targets



7    26 Juli 2024             E-Learning               Training     karyawan     Surabaya     Memberikan pelatihan kepada para karyawan dengan materi men-            14       18     Terlaksana sesuai jadwal
     14.00-16.00                                       dengan module penerapan 5S             genai penerapan 5S di lingkungan kerja yang dipelajari melalu                           Implemented as scheduled
     26 July 2024                                      di lingkungan kerja melalui plat-      GLADIS.
     14.00-16.00                                       form E-learning Intiland yaitu         Provided training to employees with material on the application of 5S
                                                       GLADIS.                                in the work environment learnt through GLADIS.
                                                       Training     Surabaya     employees
                                                       with 5S implementation module
                                                       in the work environment through
                                                       Intiland’s   E-learning    platform,
                                                       GLADIS.


8    7 Agustus 2024           Seri Lokakarya           Online workshop membarukan             Sharing dan berbagi informasi untuk membentuk kesadaran den-            11       19     Terlaksana sesuai jadwal
     11.00-12.00              Knowledge Sharing        yang terdahulu.                        gan mengkreasikan kertas tidak terpakai agar menjadi produk ber-                        Implemented as scheduled
     7 August 2024                                     Online workshop revitalises the        manfaat melalui teknik kreatif.
     11.00-12.00                                       past.                                  Sharing knowledge and information to create awareness by crafting
                                                                                              unused paper into useful products through creative techniques.


9    4 September 2024         Pelatihan                Training implementasi STAR.            Memberikan pelatihan kepada karyawan yang terpilih menjadi Star         45       38     Terlaksana sesuai jadwal
     11.00-12.00              Training                 STAR implementation training.          Talent dan Coach mengenai sistem baru yang diimplementasikan                            Implemented as scheduled
     4 September 2024                                                                         untuk talent development program.
     11.00-12.00                                                                              Provided training to employees selected as Star Talent and Coach
                                                                                              on the new system implemented for the talent development pro-
                                                                                              gramme.


10   21 November 2024         Berbagi Pengetahuan      Sharing Session - Innovative           Sharing dari leaders Intiland mengenai salah satu kompetensi yang       24       27     Terlaksana sesuai jadwal
     14.00-16.00              Knowledge Sharing        Mindset Leads to Transformative        harus dimiliki oleh para karyawan Intiland yaitu Innovative untuk                       Implemented as scheduled
     21 November 2024                                  Solutions.                             meningkatkan pemahaman karyawan mengenai values tersebut.
     14.00-16.00                                                                              Sharing knowledge from Intiland’s leaders about one of the compe-
                                                                                              tencies that Intiland’s employees must have, namely Innovative, to
                                                                                              increase employees’ understanding of these values.


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      No Tanggal Pelaksanaan /          Media Keterlibatan           Nama Acara                             Target Acara                                                             Peserta         Realisasi dari Target
         Implementation Date            / Engagement Platforms       / Event Title                          / Event Targets                                                        /Participants     Acara /Realization of
                                                                                                                                                                                   L /M       P /F   Event Targets



      11       2 Desember 2024          E-Learning                   Training karyawan dengan mod-          Memberikan pelatihan kepada para karyawan dengan materi men-           287        260    Terlaksana sesuai jadwal
               11.00-12.00                                           ule Corporate Values di platform       genai Corporate Values yang dipelajari melalu GLADIS.                                    Implemented as scheduled
               2 Desember 2024                                       E-learning Intiland yaitu GLADIS.      Provided training to employees with material on Corporate Values
               11.00-12.00                                           Employee     training     with   the   learnt through GLADIS.
                                                                     Corporate Values module on
                                                                     Intiland’s   E-learning    platform,
                                                                     GLADIS.




      Program Budaya Perseroan
      Corporate Culture Programs
      Catatan / Note:         L: Laki-Laki | M: Male        P: Perempuan | F: Female

          No     Tanggal Pelaksanaan     Nama Program                   Permasalahan                                                                           Target               Peserta          Realisasi dari Target Acara
                 /Implementation Date    / Program Titles               /Issues                                                                                /Targets           /Participants      /Realization of Event Targets
                                                                                                                                                                                  L /M     P /F


      1        Januari 2024              Campaign Year of Trust-        Setiap tahun dicanangkan dengan tema salah satu values perusahaan. Untuk               Seluruh karyawan   902      322       Berhasil diselenggarakan
               January 2024              worthy                         tahun 2024 sebagai tahun Trustworthy. Selain itu juga dikembangkan program-            All employees                         sesuai jadwal
                                                                        program internalisasi values melalui poster-poster, e-learning dan workshop.                                                 Accomplished as scheduled
                                                                        Each year, one of the Company’s values is themed. For 2024, it is the year of Trust-
                                                                        worthy. In addition, values internalisation programmes were developed through
                                                                        posters, e-learning and workshops.


      2        Maret 2024                Employee Appreciaton Day       Meningkatkan engagement karyawan dan mengapresiasi karyawan atas dedi-                 Seluruh karyawan   902      322       Berhasil diselenggarakan
               March 2024                                               kasi dan kerja keras yang sudah dilakukan.                                             All employees                         sesuai jadwal
                                                                        Increase employee engagement and recognise employees for their dedication and                                                Accomplished as scheduled
                                                                        hard work.




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No   Tanggal Pelaksanaan      Nama Program              Permasalahan                                                                      Target               Peserta           Realisasi dari Target Acara
     /Implementation Date     / Program Titles          /Issues                                                                           /Targets           /Participants       /Realization of Event Targets
                                                                                                                                                             L /M     P /F


3    Agustus 2024             Intiland Engagement Day   Meningkatkan engagement karyawan dalam acara non formal yang seru dan             Seluruh karyawan   902      322        Berhasil diselenggarakan
     August 2024                                        menyenangkan.                                                                     All employees                          sesuai jadwal
                                                        Increase employee engagement in a fun and non-formal event.                                                              Accomplished as scheduled


4    Oktober 2024             Kompetisi SGAJDI          Wadah bagi para karyawan untuk menyampaikan ide atau program inovasi              Seluruh karyawan   902      322        Berhasil diselenggarakan
     October 2024             SGAJDI Competition        mereka untuk perusahaan.                                                          All employees                          sesuai jadwal
                                                        A platform for employees to convey their ideas or innovation programmes for the                                          Accomplished as scheduled
                                                        Company.




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      KUALITAS DAN PENINGKATAN BERKELANJUTAN                                QUALITY AND CONTINUOUS IMPROVEMENT

      Keunggulan Melalui Keandalan dan Eksekusi                             Excellence Through Dependability and Execution
      Misi Divisi Kualitas dan Peningkatan Berkelanjutan (QCI) te-          The Quality and Continuous Improvement (QCI) Division’s mis-
      rus berlanjut dalam menetapkan standar melalui sistem dan             sion continues to be to establish standards through systems and
      prosedur, meningkatkan standar, dan mendorong peningkatan             procedures, improve these standards, and foster continuous im-
      berkelanjutan di seluruh organisasi. Divisi QCI terdiri dari depar-   provements across the board. The QCI Division comprises the fol-
      temen berikut:                                                        lowing departments:
      •Kualitas dan Peningkatan Berkelanjutan                               •Quality and Continuous Improvement
      •Manajemen Risiko                                                     •Risk Management
      •Teknologi Informasi (TI)                                             •Information Technology
      •Arsip Dokumen                                                        •Document Archive
      •Keep Storage (sebelumnya Proyek Quiver)                              •Keep Storage (previously Project Quiver)


      Pada tahun 2024, kami menekankan pentingnya mengeksekusi              In 2024, we emphasized the importance of executing our work
      pekerjaan secara presisi, handal, dan akuntabilitas. Memastikan       with precision, reliability, and accountability. Ensuring that our
      bahwa standar, sistem TI, dan prosedur operasional tetap kuat         standards, IT systems, and operational procedures remained
      dan dapat diandalkan menjadi dasar bagi semua inisiatif kami.         strong and dependable became the foundation for all our initia-
      Fokus kami pada transparansi, akuntabilitas, dan kolaborasi me-       tives. Our focus on transparency, accountability, and collabora-
      mungkinkan untuk memberikan hasil yang dapat dipercaya oleh           tion allowed us to deliver results that stakeholders could trust.
      pemangku kepentingan. Komitmen ini tercermin dalam setiap             This commitment was reflected in every aspect of our work, from
      aspek pekerjaan kami, dari jaminan kualitas hingga manajemen          quality assurance to risk management, reinforcing our responsi-
      risiko, serta memperkuat tanggung jawab untuk memberikan              bility to deliver consistent and effective outcomes.
      hasil yang konsisten dan efektif.


      Pencapaian 2024                                                       2024 Achievements
      Tahun 2024, Perseroan berhasil menyelesaikan program-pro-             In 2024, the Company successfully completed our regular pro-
      gram reguler sambil berkolaborasi dengan TI dan divisi lainnya        grams while collaborating with IT and other divisions to finalize
      untuk menyelesaikan konstruksi, pengaturan, dan implementasi          the construction, setup, and implementation of systems and pro-
      sistem serta prosedur untuk Keep Storage, bisnis penyimpanan          cedures for Keep Storage, our new self-storage business (www.
      mandiri baru kami (www.keepstorage.id). Divisi QCI memainkan          keepstorage.id). QCI division played multiple roles in ensuring
      berbagai peran dalam memastikan bahwa semua aspek ope-                that all operational aspects, including IT systems, processes,
      rasional, termasuk sistem TI, proses, alat, dan unit-unit penyim-     tools, and physical storage units, were ready for launch.
      panan fisik siap diluncurkan.


      Upaya ini merupakan kolaborasi lintas fungsi yang nyata, di           This effort was a true cross-functional collaboration, where our
      mana komitmen kami dalam mengeksekusi proyek yang andal               commitment to delivering a well-executed and reliable project
      dan berkualitas tinggi terlihat dalam setiap aspeknya. Dengan         was demonstrated in every aspect. By leveraging technology and
      memanfaatkan teknologi dan optimalisasi proses, Perseroan             process optimization, we ensured that Keep Storage was posi-
      memastikan bahwa Keep Storage diposisikan sebagai solusi              tioned as a high-quality solution for both residential and com-
      berkualitas tinggi untuk pelanggan perorangan maupun bisnis.          mercial customers. The soft launch of Keep Storage took place in
      Peluncuran Keep Storage dilakukan pada awal 2025, menandai            early 2025, marking the culmination of our 2024 efforts in con-
      puncak dari upaya kami di tahun 2024 dalam menyelesaikan              struction and system readiness.
      konstruksi dan kesiapan sistem.


      Memastikan bahwa setiap sistem yang diterapkan aman,                  Ensuring that every system implemented was secure, transpar-
      transparan, dan memenuhi standar tertinggi merupakan kunci            ent, and met the highest standards was key throughout this pro-
      selama proses ini. Kami membangun bisnis yang dapat diandal-          cess. We built a business that customers could depend on, with
      kan oleh pelanggan, dengan langkah-langkah keamanan indus-            industry-leading security measures and operational efficiency.
      tri terkemuka dan efisiensi operasional yang tinggi.


      Peningkatan Berkelanjutan                                             Continuous Improvement
      Kompetisi Peningkatan Berkelanjutan terus menjadi platform            The Continuous Improvement Competition continued to be a
      bagi tim untuk mempresentasikan ide terbaik dan strategi ek-          platform for teams to present their best ideas and execution
      sekusi mereka. Banyak divisi dan proyek yang berpartisipasi,          strategies. Many divisions and projects participated, showcasing
      menampilkan peningkatan bertahap serta inovasi yang revolu-           incremental improvements as well as groundbreaking innova-
      sioner.                                                               tions.


      Tahun ini, kami menerima lebih dari 80 pendaftar, mencermin-          This year, we received over 80 submissions, reflecting a signifi-
      kan peningkatan signifikan dalam keterlibatan dan kreativitas.        cant increase in engagement and creativity. The top 10 winners
      Sepuluh pemenang terbaik dianugerahi penghargaan atas kon-            were awarded for their outstanding contributions, and many of


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PT Intiland Development Tbk                                                                      Management Discussion and Analysis


tribusi luar biasa mereka, dan banyak ide mereka kini telah dia-    their ideas have now been adopted into our organizational best
dopsi sebagai praktik terbaik organisasi. Beberapa sorotan utama    practices. Some key highlights from this year’s competition in-
dari kompetisi tahun ini meliputi:                                  cluded:
•     Peningkatan bertahap pada semua aspek operasional             •     Incremental marginal improvements on all areas of restau-
      restoran yang menghasilkan penghematan signifikan;                  rant operations that led to significant savings;
•     Manajemen media sosial yang lebih aktif untuk tujuan pe-      •     The active management of social media for marketing pur-
      masaran;                                                            poses;
•     Pengembangan prosedur internal untuk meninjau biaya           •     Development of internal procedures for cost review that re-
      yang mengurangi atau menghilangkan kebutuhan terha-                 duced or eliminated the need for external consultants.
      dap konsultan eksternal.


Misi kami untuk tahun 2025 adalah terus mengintegrasikan            Our mission for 2025 is to continue to integrate these best prac-
praktik terbaik di seluruh proyek dan divisi guna menciptakan       tices across all projects and divisions to create a culture where
budaya inovasi dan peningkatan berkelanjutan menjadi standar        innovation and continuous improvement are standard operating
prosedur operasional.                                               procedures.


Menjaga standar tinggi dalam proses adalah kunci keberhasilan       Maintaining a high standard in our processes was central to our
dalam inisiatif ini. Dengan membangun budaya tanggung jawab         success in this initiative. By fostering a culture of responsibility
dan peningkatan yang berkelanjutan, kami memastikan bahwa           and continuous enhancement, we ensured that the competition
kompetisi tetap menjadi jalur yang kredibel dan berharga untuk      remained a credible and valuable avenue for generating practical
menghasilkan inovasi yang praktis.                                  innovations.


Arsip Dokumen                                                       Document Archive
Departemen Arsip Dokumen terus berupaya menjaga keamanan            The Document Archive department continued its efforts in main-
dan pengaturan dokumen penting perusahaan, termasuk ser-            taining the security and organization of key company documents,
tifikat tanah dan catatan keuangan. Peningkatan dalam proses        including land certificates and financial records. Enhanced archi-
pengarsipan dan pengambilan dokumen telah meningkatkan              val and retrieval processes improved efficiency, while further digi-
efisiensi, sementara digitalisasi lebih lanjut memastikan aksesi-   tization efforts ensured better accessibility and security.
bilitas dan keamanan yang lebih baik.


Pencapaian utama kami tahun ini meliputi:                           Our major achievements this year included:
•   Digitalisasi lebih dari 80% dokumen fisik, memungkinkan         •   The successful digitization of over 80% of our physical re-
    pengambilan yang lebih cepat dan mengurangi biaya peny-             cords, allowing for faster retrieval and reducing storage
    impanan.                                                            costs.
•   Peningkatan kontrol akses dan langkah-langkah keamanan          •   Strengthened access controls and security measures to en-
    untuk memastikan kepatuhan terhadap regulasi.                       sure compliance with regulatory requirements.
•   Peningkatan proses pelacakan dan audit untuk menjaga in-        •   Improved tracking and auditing processes to maintain docu-
    tegritas dan aksesibilitas dokumen.                                 ment integrity and accessibility.

Menjamin keamanan, aksesibilitas, dan pemeliharaan dokumen          Ensuring that our records are safeguarded, easily accessible, and
tetap menjadi prioritas utama. Dengan memperkuat keamanan           maintained with precision remains a top priority. By reinforcing
dan menyederhanakan proses pengambilan dokumen, kami                security and streamlining retrieval processes, we enhanced confi-
meningkatkan kepercayaan pada sistem pengarsipan, memberi-          dence in our archival system, providing teams with the tools they
kan tim alat yang mereka butuhkan untuk menjalankan tang-           need to execute their responsibilities efficiently.
gung jawab mereka secara lebih efisien.


Proyek Quiver & Keep Storage                                        Project Quiver & Keep Storage
Berdasarkan fondasi Proyek Quiver, 2024 menjadi tahun yang          Building on the foundation of Project Quiver, 2024 was a pivotal
penting dalam penyelesaian konstruksi dan pengaturan sistem         year for finalizing the construction and system setup for Keep
untuk Keep Storage. Inisiatif ini mengubah ruang yang tidak ter-    Storage. This initiative transformed underutilized spaces into val-
pakai menjadi solusi penyimpanan mandiri yang berharga, me-         uable self-storage solutions, catering to businesses and residents
layani bisnis dan Masyarakat di kawasan sentral Jakarta. Tim TI     in Jakarta’s central area. The IT team developed an automated
mengembangkan sistem pendaftaran otomatis, alat pemilihan           registration system, unit selection tools, and an integrated pay-
unit, platform pembayaran terintegrasi, dan memastikan pen-         ment platform, ensuring a seamless customer experience. Addi-
galaman pelanggan yang lancar. Selain itu, strategi pemasaran       tionally, digital marketing strategies, including social media cam-
digital, termasuk kampanye media sosial, disiapkan untuk men-       paigns, were prepared in anticipation of the 2025 soft launch.
dukung peluncuran di tahun 2025.


Sorotan penting dari persiapan Keep Storage di 2024:                Key highlights of Keep Storage’s preparation in 2024:
•    Penyelesaian semua konstruksi dan pengaturan fasilitas.       •    Completion of all construction and facility setup.
•     Pengembangan sistem pendaftaran pelanggan dan mana-           •    Development of a fully digital customer onboarding and


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           jemen penyewaan yang sepenuhnya digital.                          rental management system.
      •    Implementasi sistem keamanan dan pengawasan canggih          •    Implementation of advanced security and surveillance sys-
           untuk ketenangan pelanggan.                                       tems for customer peace of mind.
      •     embentukan sistem dukungan multi-kanal untuk mem-
            P                                                           •    Establishment of a multi-channel support system to assist
            bantu pelanggan secara real-time.                                customers in real time.


      Menjalankan Keep Storage dengan perencanaan yang matang           Executing Keep Storage with careful planning meant ensuring
      berarti memastikan bahwa setiap sistem dan aspek operasional      that every system and operational aspect was built with security,
      dibangun dengan mempertimbangkan keamanan, efisiensi,             efficiency, and accuracy in mind. From IT systems to customer ex-
      dan akurasi. Dari sistem TI hingga pengalaman pelanggan, kami     perience, our efforts ensured that every aspect of the business
      berupaya memastikan bahwa setiap aspek bisnis dirancang un-       was designed to inspire confidence in our users.
      tuk menginspirasi kepercayaan dari para pengguna kami.


      Pengendalian Mutu & Indikator Kinerja Utama                       Quality Control & Key Performance Indicators
      Pengendalian mutu tetap menjadi inti dari operasi Perseroan.      Quality control remains at the core of our operations. Through
      Melalui pemeriksaan kualitas secara real-time dan sistem          real-time quality checks and defect management systems, we
      manajemen cacat, kami meningkatkan akurasi dan efisiensi se-      improved accuracy and efficiency during construction, handover,
      lama fase konstruksi, serah terima, dan operasional. Kami mem-    and operational phases. We strengthened our collaboration with
      perkuat kolaborasi dengan tim konstruksi dan proyek, memasti-     the construction and project teams, ensuring that quality was
      kan bahwa kualitas tertanam sejak tahap awal pengembangan.        embedded from the earliest stages of development.


      Peningkatan yang didorong oleh KPI tetap menjadi prioritas,       KPI-driven improvements remained a priority, reinforcing trans-
      memperkuat transparansi, dan akuntabilitas. Prinsip “Apa          parency and accountability. The principle of “What you measure,
      yang Anda ukur, dapat Anda perbaiki” terbukti penting dalam       you can improve” proved essential in refining processes and en-
      menyempurnakan proses dan memastikan semua departemen             suring all departments aligned toward common goals.
      berorientasi pada tujuan yang sama.


      Dengan mempertahankan standar tinggi dalam langkah-langkah        By maintaining high standards in our quality control measures,
      pengendalian mutu, kami meyakinkan para pemangku kepen-           we reassured stakeholders that our products and services met
      tingan bahwa produk dan layanan memenuhi standar tertinggi        the highest industry benchmarks. Our commitment to execution
      industri. Komitmen kami terhadap pelaksanaan dan keunggulan       and excellence was reflected in measurable improvements, en-
      tercermin dalam perbaikan yang terukur, serta memastikan bah-     suring that all stakeholders could rely on our processes.
      wa semua pemangku kepentingan dapat mengandalkan proses
      kami.


      Teknologi Informasi                                               Information Technology
      TI terus menjadi kekuatan pendorong di tahun 2024, meningkat-     IT continued to be a driving force in 2024, enhancing operational
      kan efisiensi operasional, transparansi data, dan keamanan sis-   efficiency, data transparency, and system security. Major initia-
      tem. Inisiatif utama meliputi:                                    tives included:
      •     Penerapan perangkat TI baru untuk mendukung produktivi-     •     Implementation of new IT tools to support productivity and
            tas dan pengendalian internal.                                    internal controls.
      •     Peningkatan sistem sumber daya manusia untuk perenca-       •     Enhancements in Human Capital systems for better succes-
            naan suksesi yang lebih baik.                                     sion planning.
      •     Pembaruan infrastruktur perangkat keras untuk mengako-      •     Upgrades to hardware infrastructure to accommodate
            modasi kebutuhan digital yang semakin meningkat.                  growing digital demands.
      •     Penguatan protokol keamanan siber untuk melindungi ope-     •     Strengthened cybersecurity protocols to protect critical
            rasi bisnis yang bersifat kritikal.                               business operations.
      •     Peluncuran portal TI mandiri mengurangi waktu penyelesa-    •     Launch of self-service IT portals, reducing support request
            ian permintaan dukungan sebesar 25%.                              resolution times by 25%.
      •     Pengembangan pusat data untuk meningkatkan kemam-           •     Development of a data center to enhance our IT capabilities
            puan TI dan memastikan keamanan data serta skalabilitas           and ensure robust data security and scalability.
            yang kuat.


      Setiap kemajuan tersebut dibangun di atas fondasi ketergan-       Each of these advancements was built upon the foundation of
      tungan operasional. Dengan memperkuat keamanan siber dan          operational dependability. By strengthening cybersecurity and
      manajemen data, Perseroan memastikan bahwa aset-aset paling       data management, we ensured that the organization’s most val-
      berharga tetap terlindungi sambil mempertahankan keunggulan       uable assets remained protected while maintaining operational
      operasional.                                                      excellence.




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PT Intiland Development Tbk                                                                   Management Discussion and Analysis


Menuju 2025                                                       Looking Forward to 2025
Di tahun mendatang, Perseroan akan fokus pada:                    In the coming year, we will focus on:
•    Ekspansi Keep Storage setelah peluncuran dan penyempur-      •    Expanding Keep Storage following its soft launch and refin-
     naan operasionalnya.                                              ing its business operations.
•    Memperkuat solusi TI guna meningkatkan efisiensi dan         •    Strengthening IT solutions for further efficiency and pro-
     produktivitas.                                                    ductivity.
•    Mendorong inisiatif peningkatan berkelanjutan melalui        •    Driving continuous improvement initiatives through KPI-
     strategi berbasis KPI.                                            based strategies.
•    Meningkatkan keamanan data serta kepatuhan terhadap          •    Enhancing data security and compliance with best prac-
     praktik terbaik.                                                  tices.
•    Mengembangkan pusat data guna mendukung kebutuhan            •    Developing a data center to support our growing IT infra-
     infrastruktur TI yang semakin berkembang.                         structure needs.
•    Membangun budaya eksekusi yang kuat di seluruh organ-        •    Fostering a culture of reliability and strong execution
     isasi.                                                            throughout the organization.


Kesimpulan                                                        Conclusion
Pendekatan kami di tahun 2024 memastikan bahwa pekerjaan          Our approach in 2024 ensured that our work upheld the highest
kami tetap mematuhi standar tertinggi dalam hal konsistensi,      standards of consistency, security, and execution. By successfully
keamanan, dan pelaksanaan. Dengan sukses menyelesaikan kon-       finalizing the construction and system setup for Keep Storage,
struksi dan pengaturan sistem untuk Keep Storage, memperkuat      strengthening IT infrastructure, and refining our quality control
infrastruktur TI, dan menyempurnakan proses pengendalian          processes, we have positioned ourselves for a successful 2025,
kualitas, kami memposisikan diri untuk meraih kesuksesan di ta-   culminating in Keep Storage’s official launch and continued or-
hun 2025, yang akan dipuncaki dengan peluncuran resmi Keep        ganizational improvements.
Storage dan perbaikan organisasi yang berkelanjutan.




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      Analisa dan Pembahasan Manajemen   Laporan Tahunan | Annual Report 2024




               Tata Kelola
               Perusahaan
                Yang Baik
                    Good Corporate
                     Governance




206                                             Spazio Tower
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PT Intiland Development Tbk                                                                             Good Corporate Governance




      Kami percaya penerapan nilai-nilai Perusahaan akan membentuk terciptanya hubungan
      serta lingkungan kerja yang positif, profesional, transparan, produktif, dan saling meng-
      hargai. Intiland terus mendorong karyawan untuk aktif dalam menerapkan nilai-nilai
      Perusahaan pada setiap aktivitas dan proses bisnis yang dilakukan.

                          We believe the implementation of the Company’s Values will create a good and professional,
                          transparent, productive working relationship and environment, as well as fostering mutual
                          respect Intiland always encourages all employees to apply the Company’s Values to every
                          activity and business process they carry out.




Tata Kelola Perusahaan yang Baik atau Good Corporate Gover-       Good Corporate Governance (“GCG”) is a system of regulations
nance (“GCG”) merupakan sistem peraturan yang dirancang un-       governing the relationship between shareholders, management,
tuk mengatur hubungan antara pemegang saham, manajemen,           employees, and other stakeholders. The implementation of GCG
karyawan, dan pemangku kepentingan lainnya. Pelaksanaan GCG       is an important foundation in managing an accountable com-
menjadi fondasi pengelolaan perusahaan yang bisa dipertang-       pany. The Company realizes and acknowledges that Good Corpo-
gungjawabkan. Perseroan menyadari dan memahami bahwa sis-         rate Governance (“GCG”) is a system that regulates and controls
tem GCG diciptakan sebagai pedoman Perusahaan dalam men-          the Company in order to create added value for stakeholders.
ciptakan nilai tambah bagi pemangku kepentingan.


Intiland berkomitmen untuk secara sungguh-sungguh melak-          Intiland has made optimal efforts to implement GCG in all of the
sanakan GCG pada seluruh aspek kebijakan dan operasional Pe-      Company’s organs. Through the implementation of the Com-
rusahaan. Setiap karyawan menerapkan nilai-nilai Perusahaan       pany’s values, all Intiland employees, directly or indirectly, have
pada seluruh aktivitas dan proses bisnis yang dijalankan secara   implemented GCG in every action and business process.
langsung maupun tidak langsung.


Pedoman Tata Kelola Perusahaan merujuk pada sebuah sis-           GCG Guidelines refer to the process of managing and supervis-
tem yang mengatur dan mengawasi pengelolaan perusahaan.           ing the Company, which includes the division of tasks, authori-
Pedoman ini meliputi aspek penetapan tugas, wewenang, dan         ties and responsibilities used by each organ of the Company,
tanggung jawab untuk setiap elemen perusahaan, khususnya          especially for Shareholders, the Board of Commissioners and the
Pemegang Saham, Dewan Komisaris, dan Direksi.                     Board of Directors.


Perseroan perpandangan bahwa prinsip-prinsip GCG senantiasa       The GCG principles have also experienced developments in su-
berkembang terutama dalam aspek pengawasan dan pengen-            pervision and control that support the Company’s ways of work-
dalian untuk mendukung sistem kerja Perusahaan dan berjalan       ing, in line with the continuous development of the business
seiring dengan pertumbuhan dunia usaha.                           world.


KOMITMEN PADA TATA KELOLA PERUSAHAAN                              COMMITMENT TO GOOD CORPORATE GOVERNANCE
Penerapan GCG berpedoman pada prinsip-prinsip penting yang        The implementation of GCG referred to and was in accordance
meliputi transparansi, akuntabilitas, tanggung jawab, kemandi-    with the principles of transparency, accountability, responsibility,
rian, dan kesetaraan. Perseroan berkomitmen untuk mengimple-      independence and equality. The Company is committed to imple-
mentasikan GCG pada setiap aspek operasionalnya. Pada tahun       menting GCG in every business operation. In 2024, the Company
2024, Perseroan secara rutin dan berkala melakukan diseminasi     periodically organized GCG dissemination to all employees.
terkait GCG terhadap para karyawan.


Konsistensi Perseroan dalam penerapan GCG memiliki beberapa       The consistent implementation of GCG in the Company has se-
tujuan terpenting, di antaranya:                                  veral key objectives, including:
1. Mengoptimalkan nilai-nilai Perusahaan;                         1. Optimize the value of the Company;
2. Mendorong pengelolaan Perusahaan yang bertanggung              2. Encourage responsible, transparent, accountable manage-
     jawab, transparan, akuntabel, pemberian informasi yang             ment of the Company, provide equal information to all
     setara kepada seluruh Pemangku Kepentingan dan Peme-               Stakeholders and Shareholders, as well as foster the inde-
     gang Saham, serta menumbuhkan kemandirian Perusa-                  pendence of the Company;
     haan;
3. Memberikan kepastian dan melindungi kepentingan Pe-            3.   Provide certainty and protect the interests of Stakeholders
     mangku Kepentingan sesuai dengan ketentuan di dalam               following the provisions in the regulations and the Com-
     peraturan dan Anggaran Dasar Perseroan;                           pany’s Articles of Association;


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      4.   Menumbuhkan kesadaran Perusahaan terhadap tanggung              4.   Increase the Company’s awareness of its responsibilities to
           jawab kepada Pemegang Saham, Pemangku Kepentingan,                   Shareholders, Stakeholders, and the surrounding environ-
           serta lingkungan sekitar, baik terhadap sosial masyarakat            ment, both towards the social community and the natural
           maupun lingkungan alam;                                              environment;
      5.   Meningkatkan kepercayaan masyarakat kepada Perusa-              5.   Increase public trust in the Company.
           haan.



      PENILAIAN PENERAPAN TATA KELOLA PERUSAHAAN                           ASSESSMENT OF GCG IMPLEMENTATION
      Intiland menetapkan prinsip-prinsip GCG sebagai pedoman              Intiland establishes GCG principles as guidelines in formulating
      dalam merumuskan kebijakan dan tujuan strategis organisasi.          policies and strategic goals of the organization. The GCG guide-
      Pedoman GCG bukan hanya bertujuan agar Perseroan mematuhi            lines are not only intended to ensure that the Company complies
      peraturan dan hukum yang berlaku, namun juga berperan seba-          with prevailing laws and regulations, but also serves as a form
      gai bentuk kontribusi nyata dalam upaya meningkatkan kinerja         of tangible contribution in an effort to improve long-term and
      jangka panjang dan berkelanjutan.                                    sustainable performance.


      Di tahun 2024, Perseroan telah menerapkan GCG secara sistema-        In 2024, the Company systematically implemented GCG and
      tis dan memperoleh kemajuan melalui pelaksanaan evaluasi se-         made progress through qualitative evaluation. The Board of
      cara kualitatif. Dewan Komisaris, Direksi, beserta Komite Audit      Commissioners, the Directors, along with the Audit Committee
      dan Komite Nominasi dan Remunerisasi telah melaksanakan              and Nomination and Remuneration Committee have conducted
      penilaian mandiri. Hasil dari penilaian mandiri tersebut me-         a self-assessment. The results of the self-assessment confirmed
      negaskan bahwa masing-masing organ GCG memahami tugas,               that each GCG organ understands its duties, responsibilities and
      tanggung jawab, dan kewenangannnya dengan baik, serta telah          authorities well, and has complied with the provisions stipulated
      mematuhi ketentuan yang diatur pada masing-masing piagam             in each charter as well as the prevailing laws and regulations.
      serta peraturan perundang-undangan yang berlaku.



      SOSIALISASI DAN PEMBARUAN GCG                                        SOCIALIZATION AND UPDATES OF GCG
      Intiland melaksanakan program internalisasi GCG secara berke-        Intiland implemented GCG internalization program continuously
      sinambungan di tahun 2024. Program-program tersebut men-             in 2024. These programs include a number of activities, such as
      cakup sejumlah aktivitas kegiatan, seperti Program Pengemban-        the Development Program for the Board of Commissioners, the
      gan untuk Dewan Komisaris, Direksi, maupun Komite-Komite,            Directors, and Committees, with a focus on discussions related to
      dengan fokus pembahasan terkait peraturan Otoritas Jasa              the regulations of the Financial Services Authority, Capital Mar-
      Keuangan, Pasar Modal, aturan-aturan terkait aspek kepatuhan         ket, rules related to the Company’s compliance aspects, and car-
      Perusahaan, serta tren perdagangan karbon. Perseroan juga            bon trading trends. The Company also conducts dissemination to
      melaksanakan diseminasi untuk memperkenalkan dan mening-             introduce and improve the understanding of the Sustainability
      katkan pemahaman mengenai Laporan Keberlanjutan kepada               Report to all divisions and projects. The Company also continues
      seluruh divisi dan proyek. Perseroan juga terus berupaya me-         to improve employees’ understanding of GCG practices by regu-
      ningkatkan pemahaman karyawan terhadap praktik GCG dengan            larly publishing the GCG Series e-bulletin.
      penerbitan e-buletin GCG Series secara rutin.


      Berikut ini merupakan daftar kegiatan sosialisasi GCG yang telah     The following is a list of GCG socialization activities that have
      dilaksanakan Perseroan:                                              been carried out by the Company:




      Tanggal Pelaksanaan         Media                          Tema Sosialisasi
      Implementation Date                                        Socialization Theme

      26 Juni 2024                GCG Series e-Bulletin          Navigasi Transparansi: Memahami Ragam Laporan Perusahaan Terbuka
      June 26, 2024                                              Transparency Navigation: Understanding the Variety of Public Company
                                                                 Reports


      31 Juli 2024                GCG Series e-Bulletin          Optimalkan Kepuasan Pelanggan dengan GCG
      July 31, 2024                                              Optimize Customer Satisfaction with GCG


      11 September 2024           GCG Series e-Bulletin          Sudahkah Pakai Tumbler?
      September 11, 2024                                         Have You Used a Tumbler?




208
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PT Intiland Development Tbk                                                                                   Good Corporate Governance



Tanggal Pelaksanaan           Media                           Tema Sosialisasi
Implementation Date                                           Socialization Theme

29 Oktober 2024               Program Pengembangan &          Perdagangan Karbon, Keuangan Berkelanjutan, dan Pendanaan Hijau
October 29, 2024              Forum Diskusi                   pada Developer dan Industri Properti
                              Development Program &           Carbon Trading, Sustainable Finance, and Green Financing on Developer
                              Discussion Forum                and Property Industry


13 November 2024              GCG Series e-Bulletin           Kenapa Harus Ganti ke Lampu LED?
November 13, 2024                                             Why Switch to LED Lights?


18 Desember 2024              GCG Series e-Bulletin           Laporkan Pelanggaran Melalui WBS
December 18, 2024                                             Report Violations through WBS



Pelaksanaan kegiatan pelatihan maupun distribusi informasi ini          The implementation of these training activities or information
bertujuan untuk membantu karyawan memahami serta mampu                  distribution made sure that GCG had been fully understood by
mengimplementasikan GCG dalam setiap aktifitas pekerjaan dan            every employee, both in their activities and in their interactions,
interaksi internal atau dengan pemangku kepentingan lainnya.            whether internally and with Stakeholders.



STRUKTUR TATA KELOLA PERUSAHAAN                                         CORPORATE GOVERNANCE STRUCTURE
Struktur governansi di Intiland merujuk pada Undang-undang              Intiland’s good corporate governance structure refers to Law No.
Nomor 40 Tahun 2007 tentang Perseroan Terbatas (UUPT) yang              40/2007 on Limited Liability Companies (UUPT), which consists
terdiri dari organ penting Perusahaan yaitu Rapat Umum Peme-            of the Company’s organs namely the General Meeting of Share-
gang Saham (RUPS), Dewan Komisaris, dan Direksi. Ketiga organ           holders (GMS), the Board of Commissioners and the Directors.
penting ini menjalankan tugas dan fungsinya dengan dibantu              These three important organs carry out their roles and responsi-
oleh elemen Tata Kelola Perusahaan yang lainnya, seperti Sekre-         bilities with the assistance of other elements of good corporate
taris Perusahaan dan Komite-Komite di bawah Dewan Komisaris             governance such as the Corporate Secretary and Committees un-
dan Direksi.                                                            der the Board of Commissioners and Directors.




                                                      Rapat Umum Pemegang Saham
                                                      General Meeting of Shareholders




                                                           Dewan Komisaris
                                                         Board of Commissioners


     Komite Nominasi & Remunerasi
  Nomination & Remuneration Committee



             Komite Audit
            Audit Committee


                                                                 Direksi                                   Sekretaris Perusahaan
                                                                Directors                                   Corporate Secretary




             Audit Internal                                                                              Komite Manajemen Risiko
             Internal Audit                                                                             Risk Management Committee




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      RAPAT UMUM PEMEGANG SAHAM (“RUPS)                               GENERAL MEETING OF SHAREHOLDERS (”GMS”)
      Perseroan menyelenggarakan RUPS mengacu pada Anggaran           The Company holds the General Meeting of Shareholders
      Dasar, Undang-Undang No. 40 Tahun 2017 tentang Perseroan        (GMS) in accordance with the Articles of Association, Law No.
      Terbatas, Peraturan OJK No. 15/POJK.04/2020 tentang Rencana     40/2017 on Limited Liability Companies, OJK Regulation No. 15/
      dan Penyelenggaraan Rapat Umum Pemegang Saham Perusa-           POJK.04/2020 on Planning and Implementation of the General
      haan Terbuka, dan Peraturan OJK No. 16/POJK.04/2020 tentang     Meeting of Shareholders of Public Companies, and OJK Regula-
      Pelaksanaan Rapat Umum Pemegang Saham Perusahaan Ter-           tion No. 16/POJK.04/2020 on Electronic Implementation of the
      buka secara Elektronik. RUPS memiliki kewewenangan tertinggi    General Meeting of Shareholders of Public Companies. The GMS
      dalam struktur Tata Kelola Perusahaan sekaligus sebagai wadah   retains the highest authority in the structure of Good Corporate
      penyampaian pendapat, penggunaan wewenang dan haknya            Governance as well as a forum for expressing opinions, exercis-
      terhadap manajemen Perusahaan.                                  ing its authority and rights vis-à-vis the Company’s Management.


      PENYELENGGARAAN RUPS DI TAHUN 2024                              GMS IMPLEMENTATION IN 2024
      Intiland menyelenggarakan RUPS Tahunan untuk periode Tahun      Intiland held Annual GMS for Financial Year 2023 on Thursday,
      Buku 2023 pada Kamis, 30 Mei 2024 di Intiland Tower, Jakarta.   May 30, 2024 at Intiland Tower, Jakarta. The Annual GMS was
      Kegiatan RUPS Tahunan ini dihadiri oleh para pemegang saham     attended by the Shareholders or their Proxies with valid voting
      yang sah berjumlah 7.573.488.138 saham atau sebesar 73,06%      rights representing 7,573,488,138 shares or equivalent to 73.06%
      dari 10.365.854.185 saham, yang merupakan seluruh saham         of the total of 10,365,854,185 shares issued by the Company up
      yang telah dikeluarkan Perseroan sampai dengan tanggal dise-    to the date of the Annual GMS.
      lenggarakannya RUPS Tahunan.


      KEHADIRAN DEWAN KOMISARIS DAN DIREKSI                           ATTENDANCE OF THE BOARD OF COMMISSIONERS
                                                                      AND THE BOARD OF DIRECTORS
      Jumlah anggota Dewan Komisaris dan Direksi yang hadir pada      The number of the Board of Commissioners and the Directors
      RUPS Tahunan adalah sebanyak 100 persen, dengan catatan ke-     present at the Annual GMS was 100 percent respectively with
      hadiran sebagai berikut:                                        the following attendance record:




      Dewan Komisaris / The Board of Commissioners

      Komisaris Utama / President Commissioner                        Sinarto Dharmawan
      Wakil Komisaris Utama dan Komisaris Independen                  Dr. Sofyan A. Djalil, SH, MA
      / Vice President Commissioner and Independent Commissioner
      Komisaris Independen dan Ketua Komite Nominasi dan Remu-        Thio Gwan Po Micky
      nerasi / Independent Commissioner and Chairman of Nomina-
      tion and Remuneration Committee
      Komisaris Independen dan Ketua Komite Audit / Independent       Friso Palilingan
      Commissioner and Chairman of Audit Committee
      Komisaris / Commissioner                                        Jahja Asikin




      Direksi / The Board of Director
      Direktur Utama / President Director                             Hendro Santoso Gondokusumo
      Wakil Direktur Utama / Vice President Director                  Suhendro Prabowo
      Wakil Direktur Utama / Vice President Director                  Utama Gondokusumo
      Wakil DIrektur Utama / Vice President Director                  Moedjianto Soesilo Tjahjono
      Direktur / Director                                             Ping Handayani Hanli
      Direktur / Director                                             Archied Noto Pradono
      Direktur / Director                                             Perry Yoranouw
      Direktur / Director                                             Permadi Indra Yoga




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KEPUTUSAN DAN TINDAK LANJUT RUPS TAHUNAN                                           ANNUAL GMS RESOLUTION AND FOLLOW-UPS
Berikut adalah agenda dan hasil keputusan RUPS Tahunan 2024                        The following is the agenda and the resolutions of the 2024 An-
serta pelaksanaan atas hasil keputusan RUPS:                                       nual GMS and the implementations of the resolutions:




Mata Acara I RUPS         Persetujuan Laporan Tahunan dan pengesahan Laporan Keuangan Perseroan untuk tahun buku
First Agenda of AGMS      yang berakhir pada tanggal 31 Desember 2023, termasuk laporan pelaksanaan pengawasan Dewan
                          Komisaris selama tahun buku 2023.
                          Approval of the Annual Report and Financial Statement for the year ended December 31, 2023, included
                          the implementation of the supervision report of the Board of Commissioners for the year ended 2023.

Pertanyaan / Pendapat     Tidak ada pertanyaan dan pendapat
Question / Opinion        There were no shareholders who asked questions and gave opinions.


Hasil Perhitungan Suara       Setuju | Agree : 99,976%                     Tidak Setuju | Disagree : 0,024%                        Abstain*: 0%
Voting Result
                              *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                              suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                              votes.


Keputusan RUPS            Menyetujui Laporan Tahunan dan pengesahan Laporan Keuangan Perseroan untuk tahun buku
GMS Resolution            yang berakhir pada tanggal 31 Desember 2023 termasuk laporan pelaksanaan pengawasan Dewan
                          Komisaris selama tahun 2023 sesuai dengan Anggaran Dasar Perseroan serta memberikan pembe-
                          basan tanggung-jawab sepenuhnya kepada Dewan Komisaris dan Direksi Perseroan atas tindakan
                          pengawasan dan pengurusan yang mereka lakukan dalam tahun buku yang berakhir pada tanggal
                          31 Desember 2023.
                          Approved the Annual Report and Financial Statement for the year ended December 31, 2023 includ-
                          ing the implementation of the supervision report of the Board of Commissioners for the financial year
                          2023 in accordance with the Company’s Articles of Association, and full discharge of responsibility to the
                          Board of Commissioners and the Board of Directors for their supervision and management actions for
                          the year ended December 31, 2023.

Pelaksanaan               Langsung berlaku – sudah terlaksana
Implementation            Effective immediately – fulfilled.




Mata Acara II RUPS        Memberikan wewenang kepada Dewan Komisaris Perseroan untuk menunjuk Akuntan Publik Inde-
Second Agenda of AGMS     penden yang terdaftar di Otoritas Jasa Keuangan, untuk melaksanakan audit pembukuan Perseroan
                          untuk tahun buku yang berakhir pada tanggal 31 Desember 2024 dan menetapkan honorarium serta
                          persyaratan lain penunjukannya.
                          Authorizing the Board of Commissioners to appoint an Independent Public Accountant which registered
                          at Financial Services Authority, to audit the accounts of the Company for the year ended December 31,
                          2024, and determine the fee there of and other requirements for such appointment.


Pertanyaan / Pendapat     Tidak ada pertanyaan dan pendapat
Question / Opinion        There were no shareholders who asked questions and gave opinions.


Hasil Perhitungan Suara       Setuju | Agree : 99,943%                     Tidak Setuju | Disagree : 0,056%                        Abstain*: 0%
Voting Result
                              *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                              suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                              votes.



Keputusan RUPS            Memberikan wewenang kepada Dewan Komisaris Perseroan untuk menunjuk Akuntan Publik Inde-
GMS Resolution            penden yang terdaftar di Otoritas Jasa Keuangan, untuk melaksanakan audit pembukuan Perseroan
                          untuk tahun buku yang berakhir pada tanggal 31 Desember 2024 dan menetapkan honorarium serta
                          persyaratan lain penunjukannya.
                          Authorizing the Board of Commissioners to appoint an Independent Public Accountant which registered
                          at Otoritas Jasa Keuangan, to audit the accounts of the Company for the year ended December 31, 2024,




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                                and authorizing the Board of Commisioners to approve the fee there of and other requirements for such
                                appointment.


      Pelaksanaan               Telah Direalisasikan.
      Implementation            Perseroan telah melakukan penunjukan Kantor Akuntan Publik dan Akuntan Publik untuk melakukan
                                audit atas informasi keuangan tahunan PT Intiland Development Tbk per 31 Desember 2024. Penunju-
                                kan ini telah dilaporkan kepada OJK melalui surat nomor 148/Intiland/CS/DIR/NA/IX/2024 tertanggal
                                30 September 2024 melalui sarana sistem pelaporan elektronik resmi OJK dan BEI yaitu www.idxnet.
                                co.id
                                Fulfilled.
                                The company has appointed a Public Accounting Firm and Public Accountant to audit the annual finan-
                                cial information of PT Intiland Development Tbk as of December 31, 2024. This appointment has been
                                reported to the OJK through letter number 148/Intiland/CS/DIR/NA/IX/2024 dated September 30, 2024,
                                via the official electronic reporting system of OJK and the IDX, namely www.idxnet.co.id




      Mata Acara III RUPS       Penetapan penggunaan laba bersih Perseroan untuk tahun buku yang berakhir 31 Desember 2023.
      Third Agenda AGMS         Approval of the use of the net profit of the Company for the year ended December 31, 2023.


      Pertanyaan / Pendapat     Tidak ada pertanyaan dan pendapat
      Question / Opinion        There were no shareholders who asked questions and gave opinions.


      Hasil Perhitungan Suara    Setuju | Agree : 99,976%                     Tidak Setuju | Disagree : 0,024%                        Abstain*: 0%
      Voting Result
                                 *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                                 suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                                 votes.



      Keputusan RUPS            Menetapkan penggunaan laba bersih Perseroan dengan perincian sebagai berikut:
      GMS Resolution            1. Sebesar Rp.2.000.000.000,- (dua miliar Rupiah) sebagai dana cadangan wajib Perseroan.
                                2. Sisa Laba bersih Perseroan yaitu sebesar Rp.172.108.406.452,- (seratus tujuh puluh dua miliar
                                     seratus delapan juta empat ratus enam ribu empat ratus lima puluh dua Rupiah) akan dicatat
                                     sebagai Saldo Laba.
                                Determining the use of the Company’s net profit with the following details:
                                1. An amount of Rp.2,000,000,000.- (two billion Rupiah) as the Company’s mandatory reserved fund.
                                2. The remaining net profit of the Company, amounting to Rp.172,108,406,452,- (one hundred seven-
                                     ty two billion one hundred eight million four hundred six thousand four hundred fifty two Rupiah)
                                     will be recorded as Retained Earnings.


      Pelaksanaan               Sudah terlaksana.
      Implementation            Fulfilled.




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Mata Acara IV RUPS        Persetujuan perubahan susunan Direksi dan Dewan Komisaris Perseroan.
Forth Agenda of AGMS      Approval of changes to the composition of the Board of Directors and Board of Commissioners of the
                          Company.

Pertanyaan / Pendapat     Tidak ada pertanyaan dan pendapat
Question / Opinion        There were no shareholders who asked questions and gave opinions.


Hasil Perhitungan Suara       Setuju | Agree : 99,975%                     Tidak Setuju | Disagree : 0,024%                        Abstain*: 0%
Voting Result
                              *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                              suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                              votes.


Keputusan RUPS            Menerima pengunduran diri Bapak Moedjianto Soesilo Tjahjono dari jabatannya selaku Wakil Direktur
GMS Resolution            Utama Perseroan dan Ibu Ping Handayani Hanli dari jabatannya selaku Direktur Perseroan dengan
                          memberikan pembebasan dan pelunasan sepenuhnya (acquit et de charge) serta pengangkatan Ibu
                          Ping Handayani Hanli sebagai Komisaris Perseroan dan Ibu Novita Anggriani B sebagai Direktur Per-
                          seroan terhitung sejak ditutupnya Rapat sampai dengan habisnya periode jabatan anggota Dewan
                          Komisaris dan anggota Direksi Perseroan sebelumnya.
                          Dengan pengangkatan Ibu Ping Handayani Hanli dan Ibu Novita Anggriani B, maka susunan Direksi
                          dan Dewan Komisaris Perseroan yang baru adalah sebagai berikut:

                          Dewan Komisaris
                          Komisaris Utama				                            : Bapak Sinarto Dharmawan
                          Wakil Komisaris Utama dan Komisaris Independen : Bapak DR. Sofyan A. Djalil, SH. MA
                          Komisaris Independen			                        : Bapak Thio Gwan Po Micky
                          Komisaris Independen			                        : Bapak Friso Palilingan
                          Komisaris					: Bapak Jahja Asikin
                          Komisaris					                                 : Ibu Ping Handayani Hanli


                          Direksi
                          Direktur Utama				      : Bapak Hendro Santoso Gondokusumo
                          Wakil Direktur Utama			 : Bapak Suhendro Prabowo
                          Wakil Direktur Utama			 : Bapak Utama Gondokusumo
                          Direktur					           : Bapak Archied Noto Pradono
                          Direktur					: Bapak Perry Yoranouw
                          Direktur					: Bapak Permadi Indra Yoga
                          Direktur 					          : Ibu Novita Anggriani B




                          Accepting the resignation of Mr. Moedjianto Soesilo Tjahjono from his position as Vice President Director
                          and Mrs. Ping Handayani Hanli from her position as Director of the Company by granting full release and
                          repayment (acquit et de charge) and the appointment of Mrs. Ping Handayani Hanli as a Commissioner
                          and Mrs. Novita Anggriani B as a Director, effective from the close of the Meeting until the expiration of
                          the Board of Commissioner and Board of Directors tenure.


                          With the appointment of Mrs. Ping Handayani Hanli and Mrs. Novita Anggriani B, thus the composition
                          of Board of Directors and Board of Commissioners are as follows:


                          Board of Commissioners
                          President Commissioner			         : Sinarto Dharmawan
                          Vice President Commissioner and		 : DR. Sofyan A. Djalil, SH. MA
                          Independent Commissioner
                          Independent Commissioner			       : Thio Gwan Po Micky
                          Independent Commissioner			       : Friso Palilingan
                          Commissioner				: Jahja Asikin
                          Commissioner				                  : Ping Handayani Hanli




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                                Directors
                                President Director				     : Hendro Santoso Gondokusumo
                                Vice President Director			 : Suhendro Prabowo
                                Vice President Director			 : Utama Gondokusumo
                                Director					: Archied Noto Pradono
                                Director					: Perry Yoranouw
                                Director					: Permadi Indra Yoga
                                Director 					             : Novita Anggriani B


      Pelaksanaan               Sudah terlaksana.
      Implementation            Fulfilled.




      Mata Acara V RUPS         Penetapan remunerasi Dewan Komisaris dan pendelegasian wewenang kepada Dewan Komisaris un-
      Fifth Agenda AGMS         tuk menetapkan remunerasi Anggota Direksi Perseroan untuk tahun buku yang berakhir 31 Desember
                                2024.
                                Approval of the remuneration of the Board of Commissioners, and delegation of the authority to approve
                                the remuneration of the Board of Directors, to the Board of Commissioners for the year ended December
                                31, 2024.


      Pertanyaan / Pendapat     1 pemegang saham atau kuasa pemegang saham, namun tidak dibahas karena pertanyaan disampai-
      Question / Opinion        kan terkait dengan agenda keempat RUPST.
                                1 Shareholder or proxy of the shareholder, was not discussed because the question raised related to the
                                fourth agenda of the AGMS.


      Hasil Perhitungan Suara    Setuju | Agree : 99,975%                     Tidak Setuju | Disagree : 0,024%                        Abstain*: 0%
      Voting Result
                                 *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                                 suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                                 votes.



      Keputusan RUPS            Menetapkan remunerasi Dewan Komisaris untuk tahun buku yang berakhir pada tanggal 31 Desem-
      GMS Resolution            ber 2024 yaitu sebesar-besarnya Rp.12.000.000.000,- (dua belas miliar Rupiah) yang pembagiannya
                                akan diatur dalam Rapat Dewan Komisaris dan pendelegasian wewenang kepada Dewan Komisaris
                                untuk menetapkan remunerasi Direksi untuk tahun buku yang berakhir tanggal 31 Desember 2024.
                                Resolved the remuneration of the Board of Commissioners for the year ended December 31, 2024 maxi-
                                mum of Rp.12,000,000,000 (twelve billion Rupiah) which distribution would be decided in the meeting
                                of the Board of Commissioners, and delegation of the authority to The Board of Commissioners to ap-
                                prove the remuneration of The Board of Directors for the year ended December 31, 2024.


      Pelaksanaan               Sudah terlaksana.
      Implementation            Fulfilled.




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Mata Acara VI RUPS        Laporan Realisasi Penggunaan Dana Hasil Penawaran Umum untuk tahun buku yang berakhir 31 De-
Sixth Agenda of AGMS      sember 2023.
                          Report on the realization of the use of proceeds from the Public Offering for the financial year ended
                          December 31, 2023.


Pertanyaan / Pendapat     Tidak ada pertanyaan dan pendapat
Question / Opinion        There were no shareholders who asked questions and gave opinions.


Keputusan RUPS            Agenda Keenam RUPST bersifat penyampaian laporan realisasi penggunaan dana hasil penawaran
GMS Resolution            umum untuk tahun buku yang berakhir 31 Desember 2023, sehingga tidak dilakukan pemungutan
                          suara serta pengambilan keputusan untuk Agenda Keenam RUPST.
                          The sixth agenda of AGMS involves presentation of the realization of the use of proceeds from the Public
                          Offering for the financial year ended December 31, 2023 thus no voting or decision-making carried out
                          for the sixth agenda of AGMS.



Pelaksanaan               Sudah terlaksana.
Implementation            Fulfilled.




Mata Acara VII RUPS       Persetujuan mengenai hal-hal lain yang berhubungan dengan agenda RUPS Tahunan, yaitu:
Seventh Agenda of AGMS    1. Memberikan kuasa kepada Direksi untuk menuangkan setiap keputusan dalam RUPS Tahunan
                               ini ke dalam akta pernyataan keputusan rapat, menyampaikannya kepada pejabat berwenang,
                               membuat laporan, memberikan keterangan dan melakukan tindakan hukum lainnya yang diper-
                               lukan berkenaan dengan isi setiap keputusan RUPS Tahunan dimaksud guna memenuhi keten-
                               tuan hukum yang berlaku, tanpa kecuali; dan
                          2. Menetapkan bahwa semua keputusan yang ditetapkan dan disetujui dalam RUPS Tahunan ini
                               berlaku terhitung sejak ditutupnya RUPS Tahunan ini.
                          Approval of other matters related to the agenda of the AGMS, e.g.:
                          1. Authorizing the Board of Directors to incorporate any decision made in this AGMS into a deed of
                               minutes of meeting resolution, submission to the authorities, makes reports, providing information
                               and performs necessary legal actions with regard to the content of any decision of the AGMS in
                               order to comply with applicable laws, without exception; and
                          2. Stipulating that all decisions made and approved in this AGMS shall take effect from the closing of
                               this AGMS.


Pertanyaan / Pendapat     Tidak ada pertanyaan dan pendapat
Question / Opinion        There were no shareholders who asked questions and gave opinions.


Hasil Perhitungan Suara   Setuju | Agree : 99,942%                     Tidak Setuju | Disagree : 0,057%                        Abstain*: 0%
Voting Result
                          *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                          suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                          votes.


Keputusan RUPS            1.    Memberikan kuasa kepada Direksi Perseroan untuk menuangkan setiap keputusan dalam RUPST
GMS Resolution                  ke dalam akta pernyataan keputusan rapat, menyampaikannya kepada pejabat berwenang,
                                membuat laporan, memberikan keterangan dan melakukan tindakan hukum lainnya yang diper-
                                lukan berkenaan dengan isi setiap keputusan RUPST dimaksud guna memenuhi ketentuan hu-
                                kum yang berlaku, tanpa kecuali dan
                          2.    Menetapkan bahwa semua keputusan yang ditetapkan dan disetujui dalam RUPST berlaku ter-
                                hitung sejak ditutupnya RUPST.


                          1.    Authorizing the Board of Directors of the Company to formalize each decision made in this AGMS
                                into a deed of meeting resolutions, submit it to the relevant authorities, make reports, provide ex-
                                planations, and take other necessary legal actions related to the contents of each decision of this
                                AGMS to comply with applicable laws and regulations, without exception, and




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                                  2.   Stipulating that all decisions made and approved in this AGMS shall be effective from the closing
                                       of this AGMS.


      Pelaksanaan                 Sudah terlaksana.
      Implementation              Fulfilled.




      PENYELENGGARAAN RUPS DI TAHUN 2023                                   GMS IMPLEMENTATION IN 2023
      Di tahun 2023, Intiland menyelenggarakan RUPS Tahunan untuk          In 2023, Intiland held Annual GMS for Financial Year 2022 on
      Tahun Buku 2022 pada Rabu, 24 Mei 2023 di Intiland Tower, Jakar-     Wednesday, July 24, 2023 at Intiland Tower, Jakarta. The AGMS
      ta. RUPS Tahunan dihadiri oleh Para Pemegang Saham atau Kuasa        was attended by the Shareholders or their Proxies with valid vot-
      Pemegang Saham Perseroan yang sah berjumlah 6.787.146.871            ing rights representing 6,787,146,871 shares or equivalent to
      saham atau sebesar 65,48 persen dari 10.365.854.185 saham,           65.48 percent of the total of 10,365,854,185 shares issued by the
      yang merupakan seluruh saham yang telah dikeluarkan oleh             Company up to the date of the AGMS.
      Perseroan sampai dengan tanggal diselenggarakannya RUPST.



      KEHADIRAN DEWAN KOMISARIS DAN DIREKSI                                ATTENDANCE OF THE BOARD OF COMMISSIONERS
                                                                           AND THE BOARD OF DIRECTORS
      Jumlah Dewan Komisaris dan Direksi yang masing-masing hadir          The number of the BOC and the Directors present at the AGMS
      pada RUPS Tahunan adalah sebanyak 100 persen, dengan cata-           was 100 percent respectively with the following attendance re-
      tan kehadiran sebagai berikut:                                       cord:




      Dewan Komisaris / The Board of Commissioners

      Komisaris Utama / President Commissioner                             Sinarto Dharmawan
      Wakil Komisaris Utama / Vice President Commissioner                  Lennard Ho Kian Guan
                                                                           (online melalui eASY.KSEI / online via eASY.KSEI)
      Komisaris Independen dan Ketua Komite Nominasi dan Remu-             Thio Gwan Po Micky
      nerasi / Independent Commissioner and Chairman of Nomina-
      tion and Remuneration Committee
      Komisaris Independen dan Ketua Komite Audit / Independent            Friso Palilingan
      Commissioner and Chairman of Audit Committee
      Komisaris / Commissioner                                             Jahja Asikin


      Direksi / The Board of Director

      Direktur Utama / President Director                                  Hendro Santoso Gondokusumo
      Wakil Direktur Utama / Vice President Director                       Suhendro Prabowo
      Wakil Direktur Utama / Vice President Director                       Utama Gondokusumo
      Wakil DIrektur Utama / Vice President Director                       Moedjianto Soesilo Tjahjono
      Direktur / Director                                                  Ping Handayani Hanli
      Direktur / Director                                                  Archied Noto Pradono
      Direktur / Director                                                  Perry Yoranouw
      Direktur / Director                                                  Permadi Indra Yoga




      KEPUTUSAN DAN TINDAK LANJUT RUPS TAHUNAN                            ANNUAL GMS RESOLUTION AND FOLLOW-UPS
      Berikut adalah agenda dan hasil keputusan RUPS Tahunan 2023         The following is the agenda and the resolutions of the 2023 An-
      serta pelaksanaan atas hasil keputusan RUPS:                        nual GMS and the implementations of the resolutions:




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Mata Acara RUPS 1             Persetujuan Laporan Tahunan dan pengesahan Laporan Keuangan Perseroan untuk tahun buku
GMS Agenda 1                  yang berakhir pada tanggal 31 Desember 2022 termasuk laporan pelaksanaan pengawasan Dewan
                              Komisaris selama tahun buku 2022.
                              Approval of the Annual Report and Financial Statement for the year ended December 31, 2022, included
                              the implementation of the supervision report of the Board of Commissioners for the year ended 2022.


Hasil Perhitungan Suara       Setuju | Agree : 99,970%                     Tidak Setuju | Disagree : 0,029%                        Abstain*: 0%
Voting Result
                              *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                              suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                              votes.


Keputusan RUPS                Menyetujui Laporan Tahunan dan pengesahan Laporan Keuangan Perseroan untuk tahun buku
GMS Resolution                yang berakhir pada tanggal 31 Desember 2022 termasuk laporan pelaksanaan pengawasan Dewan
                              Komisaris selama tahun 2022 sesuai dengan Anggaran Dasar Perseroan serta memberikan pembe-
                              basan tanggung-jawab sepenuhnya kepada Dewan Komisaris dan Direksi Perseroan atas tindakan
                              pengawasan dan pengurusan yang mereka lakukan dalam tahun buku yang berakhir pada tanggal
                              31 Desember 2022.
                              Approved the Annual Report and Financial Statement for the year ended December 31, 2022 included
                              the implementation of the supervision report of the Board of Commissioners for the financial year 2022
                              in accordance with the Articles of Association of the Company, as well as granting the full release and
                              discharge to the Board of Commissioners and Board of Directors for their supervision and management
                              for the year ended December 31, 2022.


Pelaksanaan                   Langsung berlaku – sudah terlaksana
Implementation                Effective immediately – fulfilled.




Mata Acara RUPS 2             Penunjukan Kantor Akuntan Publik untuk melaksanakan audit Laporan Keuangan Perseroan Tahun
GMS Agenda 2                  Buku yang berakhir pada tanggal 31 Desember 2023.
                              Appointment of an Independent Public Accountant to audit the accounts of The Company for the year
                              ended December 31, 2023.


Hasil Perhitungan Suara       Setuju | Agree : 99,970%                     Tidak Setuju | Disagree : 0,029%                        Abstain*: 0%
Voting Result
                              *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                              suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                              votes.


Keputusan RUPS                Menunjuk Akuntan Publik Independen yang terdaftar di Otoritas Jasa Keuangan dari Kantor Akuntan
GMS Resolution                Publik Mirawati Sensi Idris atau Kantor Akuntan Publik lainnya untuk melaksanakan audit pembukuan
                              Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2023, dan pelimpahan we-
                              wenang kepada Dewan Komisaris untuk menetapkan honorarium serta persyaratan ketentuan pe-
                              nunjukan lainnya yang terkait termasuk mengganti Kantor Akuntan Publik jika dipandang perlu.
                              Appoint an Independent Public Accountant which registered at Otoritas Jasa Keuangan from Public Ac-
                              counting Firm of Mirawati Sensi Idris or other Public Accounting Firms, to audit the accounts of The
                              Company for the year ended December 31, 2023, and authorizing the Board of Commissioners to ap-
                              prove the fee there of and other requirements for such appointment including replacement of the Public
                              Accounting Firm if necessary.


Pelaksanaan                   Perseroan telah melakukan penunjukan Kantor Akuntan Publik dan Akuntan Publik untuk melakukan
Implementation                audit atas informasi keuangan tahunan PT Intiland Development Tbk per 31 Desember 2023. Penunju-
                              kan ini telah disampaikan kepada OJK melalui surat nomor 140/Intiland/CS/DIR/PH/X/2023 tertang-
                              gal 04 Oktober 2023 melalui sarana pelaporan elektronik resmi OJK dan BEI yaitu www.idxnet.co.id
                              The Company appointed a Public Accounting Firm and a Public Accountant to audit PT Intiland Develop-
                              ment Tbk’s annual financial information as at December 31, 2022. This appointment was submitted to
                              the OJK through letter No. 140/Intiland/CS/DIR/PH/X/2023 dated October 4, 2023, through the official
                              OJK portal www.idxnet.co.id.




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      Mata Acara RUPS 3          Persetujuan perubahan susunan Direksi dan Dewan Komisaris Perseroan
      GMS Agenda 3               Approval of changes of the composition of the Board of Directors and Board of Commissioners of the
                                 Company.

      Hasil Perhitungan Suara    Setuju | Agree : 99,649%                     Tidak Setuju | Disagree : 0,350%                        Abstain*: 0%
      Voting Result
                                 *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                                 suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                                 votes.


      Keputusan RUPS            Menerima pengunduran diri Bapak Lennard Ho Kian Guan dari jabatannya selaku Wakil Komisaris
      GMS Resolution            Utama Perseroan dengan memberikan pembebasan dan pelunasan sepenuhnya (acquit et de charge)
                                serta pengangkatan Bapak Doktor Sofyan A. Djalil, SH.MA sebagai Wakil Komisaris Utama/ Komisaris
                                Independen Perseroan terhitung sejak ditutupnya Rapat ini sampai dengan habisnya periode jabatan
                                anggota Dewan Komisaris Perseroan sebelumnya.


                                Dengan pengangkatan Bapak Doktor Sofyan A. Djalil, SH.MA, maka susunan Direksi dan Dewan
                                Komisaris Perseroan yang baru adalah sebagai berikut:

                                Dewan Komisaris
                                Komisaris Utama				                            : Sinarto Dharmawan
                                Wakil Komisaris Utama dan Komisaris Independen : DR. Sofyan A. Djalil, SH. MA
                                Komisaris Independen			                        : Thio Gwan Po Micky
                                Komisaris Independen			 : Friso Palilingan
                                Komisaris					: Jahja Asikin


                                Direksi
                                Direktur Utama				      : Hendro Santoso Gondokusumo
                                Wakil Direktur Utama			 : Suhendro Prabowo
                                Wakil Direktur Utama			 : Utama Gondokusumo
                                Wakil Direktur Utama			 : Moedjianto Soesilo Tjahjono
                                Direktur					: Archied Noto Pradono
                                Direktur 					          : Ping Handayani Hanli
                                Direktur					: Perry Yoranouw
                                Direktur					: Permadi Indra Yoga


                                Tidak ada perubahan dalam susunan Direksi.

                                Approved the resignation of Lennard Ho Kian Guan as Vice President Commissioner of the Company by
                                granting full release and repayment (acquit et de charge) and the appointment of DR. Sofyan A. Djalil,
                                SH.MA as Vice President Commissioner/ Independent Commissioner of the Company for a term after the
                                closing of this Meeting until the expiration of the Board of Commissioner tenure at the closing of the
                                Annual General Meeting of Shareholders of the Company.


                                With the appointment of DR. Sofyan A. Djalil, SH.MA, thus the composition of Board of Directors and
                                Board of Commissioners are as follows:


                                Board of Commissioners
                                President Commissioner			         : Sinarto Dharmawan
                                Vice President Commissioner and		 : DR. Sofyan A. Djalil, SH. MA
                                Independent Commissioner
                                Independent Commissioner			       : Thio Gwan Po Micky
                                Independent Commissioner			       : Friso Palilingan
                                Commissioner				: Jahja Asikin

                                Directors
                                President Director				                                                : Hendro Santoso Gondokusumo
                                Vice President Director			                                            : Suhendro Prabowo
                                Vice President Director			                                            : Utama Gondokusumo
                                Vice President Director			                                            : Moedjianto Soesilo Tjahjono




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                          Director					: Archied Noto Pradono
                          Director 					 : Ping Handayani Hanli
                          Director					: Perry Yoranouw
                          Director					: Permadi Indra Yoga


Pelaksanaan               Sudah terlaksana.
Implementation            Fulfilled.




Mata Acara RUPS 4             Penetapan remunerasi Dewan Komisaris dan pendelegasian wewenang kepada Dewan Komisaris un-
GMS Agenda 4                  tuk menetapkan remunerasi Anggota Direksi perseroan untuk tahun buku 2023..
                              Approval of remuneration of the Board of Commissioners and delegation of the authority to The Board of
                              Commissioners to approve the remuneration of The Board of Directors for the year ended 2023.


Hasil Perhitungan Suara       Setuju | Agree : 99,970%                     Tidak Setuju | Disagree : 0,029%                        Abstain*: 0%
Voting Result
                              *Sesuai dengan Anggaran Dasar Perseroan, suara abstain dianggap sama dengan mayoritas pemegang saham yang mengeluarkan
                              suara | According to the Company’s Articles of Association, abstentions are considered the same as the majority of shareholders who cast
                              votes.



Keputusan RUPS                Menetapkan remunerasi Dewan Komisaris untuk tahun buku yang berakhir pada tanggal 31 Desem-
GMS Resolution                ber 2023 yaitu sebesar-besarnya Rp.10.000.000.000 (sepuluh miliar Rupiah) yang pembagiannya akan
                              diatur dalam Rapat Dewan Komisaris dan pendelegasian wewenang kepada Dewan Komisaris untuk
                              menetapkan remunerasi Direksi untuk tahun buku yang berakhir tanggal 31 Desember 2023.
                              Resolved the remuneration of the Board of Commissioners for the year ended December 31, 2023 maxi-
                              mum of Rp10,000,000,000 (ten billion Rupiah) which distribution would be decided in the meeting of
                              the Board of Commissioners, and delegation of the authority to The Board of Commissioners to approve
                              the remuneration of The Board of Directors for the year ended December 31, 2023.


Pelaksanaan                   Sudah terlaksana.
Implementation                Fulfilled.




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      DIREKSI
      DIRECTORS

      Direksi merupakan organ Perusahaan yang bertanggung jawab            The Directors is one of the Company’s organs responsible for
      dalam pengurusan dan pengelolaan Perusahaan dengan fokus             managing the Company to achieve the interests and objectives
      utama untuk mencapai kepentingan serta tujuan Perusahaan             of the Company in accordance with the Articles of Association.
      yang sejalan pada ketentuan yang tercantum dalam Anggaran
      Dasar.


      Dalam mengelola dan menjalankan Perseroan, Direksi bertugas          In managing and running the Company, the Directors has collec-
      dan bertanggung jawab secara kolektif. Setiap anggota Direksi        tive duties and responsibilities. Each member of the Directors
      bertanggung jawab dan melaksanakan tugasnya, serta memiliki          carries out their duties and responsibilities and can make deci-
      kewenangan untuk membuat keputusan strategis sesuai dengan           sions on strategic matters for the Company in accordance with
      pembagian tugas dan wewenang masing-masing. Meskipun de-             the division of duties and responsibilities of each. However, in
      mikian, dalam melaksanakan tugas-tugasnya, Direksi merupa-           carrying out its duties, the Directors is a unit that must be held
      kan satu kesatuan yang bertanggung jawab secara kolektif.            accountable collectively.


      Dalam melaksanakan tugas, tanggung jawab, dan kewenangan-            In carrying out their duties, responsibilities, and authorities, the
      nya, Direksi berpedoman pada Piagam Direksi, ketentuan yang          Directors is guided by the Directors Charter and based on the Ar-
      tercantum dalam Anggaran Dasar, keputusan Rapat Umum Pe-             ticles of Association, GMS resolutions, and applicable laws and
      megang Saham (RUPS), serta sesuai dengan hukum dan peratu-           regulations.
      ran perundang-undangan yang berlaku.


      KOMPOSISI DIREKSI                                                    COMPOSITION OF THE DIRECTORS
      Komposisi Direksi Perseroan telah sesuai dengan ketetnuan POJK       The composition of the Directors of the Company complies with
      No. 33/POJK.04/2014 mengenai Direksi dan Dewan Komisaris             the provisions of POJK No. 33/POJK.04/2014 on the Directors and
      Emiten atau Perusahaan Publik.                                       Board of Commissioners of Issuers or Public Companies.


      Berdasarkan hasil keputusan RUPS Tahunan Perseroan yang di-          Based on the resolutions of the AGMS held on May 30, 2024,
      selenggarakan pada 30 Mei 2024, terdapat perubahan komposisi         there has been a changes in the composition of the Directors.
      Direksi. Hingga 31 Desember 2024 susunan Direksi adalah seba-        The composition of the Directors as of December 31, 2024, is as
      gai berikut:                                                         follows:



      Direktur Utama / President Director                                  : Hendro Santoso Gondokusumo*
      Wakil Direktur Utama / Vice President Director                       : Suhendro Prabowo
      Wakil Direktur Utama / Vice President Director                       : Utama Gondokusumo
      Direktur / Director                                                  : Archied Noto Pradono
      Direktur / Director                                                  : Perry Yoranouw
      Direktur / Director                                                  : Permadi Indra Yoga
      Direktur / Director                                                  : Novita Anggriani B


      * Meninggal dunia pada 13 Maret 2025 | Deceased on March 13, 2025.




      PEMENUHAN PERSYARATAN KEANGGOTAAN                                    FULFILLMENT OF REQUIREMENTS FOR DIRECTORS
      DIREKSI
      Seluruh anggota Direksi Intiland telah memenuhi persyaratan          Intiland’s members of the Directors have met the requirements
      yang sesuai dengan Peraturan Pasar Modal, Anggaran Dasar Inti-       in accordance with the Capital Market Regulations, Intiland’s
      land, dan Piagam Direksi. Ketentuan keanggotaan Direksi diatur       Articles of Association, and the Directors Charter. The provisions
      dalam Piagam Direksi yang dapat diakses pada situs web Per-          for membership of the Directors are regulated in the Directors
      seroan www.intiland.com                                              Charter which can be accessed on the Company’s website www.
                                                                           intiland.com.




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PT Intiland Development Tbk                                                                               Good Corporate Governance


PIAGAM DIREKSI                                                      BOARD OF DIRECTORS CHARTER
Intiland memiliki dokumen resmi berupa Piagam dan Pedoman           Intiland has a Charter and Guidelines for the Directors which
Direksi yang berisi panduan serta prosedur operasional terkait      contains the procedures for the work of the Directors. The Direc-
tugas dan kewenangan Direksi. Piagam Direksi mengatur per-          tors Charter regulates the requirements for members of the Di-
syaratan keanggotaan Direksi, prosedur interaksi antara Direksi     rectors, procedures for implementing the relationship between
dengan Dewan Komisaris, Pemegang Saham, dan Pemangku                the Directors and the Board of Commissioners, Shareholders, and
Kepentingan, serta merinci tugas, tanggung jawab, dan pemba-        Stakeholders, as well as a description of the duties and responsi-
gian peran di dalam Direksi.                                        bilities of the Directors as well as the division of tasks.


Piagam Direksi secara berkala dievaluasi dan diperbarui agar        The Directors Charter is periodically evaluated and refined to bet-
selaras dengan kebutuhan Perseroan serta memastikan kepatu-         ter suit the needs of the Company and in accordance with the
hannya terhadap peraturan perundang-undangan yang berlaku.          prevailing laws and regulations.
Piagam Direksi Perseroan mengatur antara lain mengenai:             The Director’s Charter of the Company regulates the following:
1. Persyaratan Keanggotaan;                                         1. Requirements of membership;
2. Pengunduran Diri dan Pemberhentian Sementara;                    2. Resignation and Temporary Dismissal;
3. Rangkap Jabatan;                                                 3. Concurrent Positions;
4. Tugas, Wewenang, dan Tanggung Jawab;                             4. Duties, Authorities, and Responsibilities;
5. Pembagian Tugas                                                  5. Division of Duties;
6. Kebijakan Rapat                                                  6. Meeting Policies;
7. Hubungan Kerja;                                                  7. The Working Relationship;
8. Transparansi, Kerahasiaan Informasi, dan Insider Trading;        8. Transparency, Confidentiality of Information, and Insider
                                                                         Trading;
9.   Kepatuhan dan Masa Berlaku.                                    9. Compliance and Validity Period.

KEBERAGAMAN KOMPOSISI ANGGOTA DIREKSI                               DIVERSITY OF THE COMPOSITION OF THE BOARD OF
                                                                    DIRECTORS
Sejalan dengan kebijakan Tata Kelola Perusahaan yang baik,          In line with the Company’s GCG policies, Intiland ensures the
Intiland memastikan komposisi dari anggota Direksi meliputi         composition of the members of the Directors which includes the
keragaman latar belakang, pendidikan, kewarganegaraan,              diversity of backgrounds, education, nationality, gender, experi-
jenis kelamin, pengalaman, dan profesionalisme yang selaras         ence, and professionalism in accordance with the needs of the
dengan kebutuhan Perusahaan. Informasi mengenai keberaga-           Company. Information about the diversity of the Directors pre-
man Direksi dapat dijelaskan pada Bab Profil Direksi dalam Lapo-    sented in the Directors Profile section of this Annual Report.
ran Tahunan ini.


MASA JABATAN                                                        TENURE
Masa jabatan Direksi Intiland berlangsung selama lima tahun.        The term of office for members of the Directors is five years. The
Penunjukkan anggota Direksi dinyatakan sah sejak tanggal RUPS       appointment of members of the Directors is effective from the
yang menetapkannya dan berakhir pada RUPS Tahunan kelima            date of the GMS which determines and ends at the fifth AGMS
setelah tanggal pengangkatan, tanpa mengurangi hak RUPS un-         since the date of appointment, without prejudice to the right of
tuk memberhentikan anggota Direksi disertai penjelasan alasan       the GMS to dismiss members of the Directors by explaining the
penghentiannya serta pemberian kesempatan yang adil bagi            reasons for their dismissal and providing a fair opportunity for
anggota Direksi untuk menyampaikan penjelasan dan pembe-            members of the Directors to provide explanations and defenses.
laan.


Anggota Direksi yang periode jabatannya akan berakhir, dapat        Members of the Directors whose term of office will end, may
diajukan dan diangkat kembali pada periode berikutnya. Dalam        be renominated and reappointed in the following period. In the
mekanisme penunjukannya, seluruh calon anggota Direksi di-          process of appointment, all candidates for the Directors are pro-
usulkan melalui RUPS berdasarkan nominasi dari Komite Nomi-         posed at the GMS based on nominations from the Nomination
nasi dan Remunerasi (KNR).                                          and Remuneration Committee.


Periode jabatan Direksi Perseroan saat ini akan berakhir pada ta-   The current term of office of the Company’s Directors will be
hun 2025.                                                           ended in 2025.


TUGAS DAN TANGGUNG JAWAB DIREKSI                                    DUTIES AND RESPONSIBILITIES OF DIRECTORS
Direksi memiliki tugas dan tanggung jawab utama menjalankan         The Directors has the main duties and responsibilities in carrying
operasional Perusahaan, termasuk mewakili Perusahaan baik           out the Company’s operations including representing the Com-
di dalam maupun di luar pengadilan, sesuai dengan ketentuan         pany both inside and outside the court in accordance with the
yang tercantum dalam Anggaran Dasar Perseroan. Tugas dan            provisions in the Company’s Articles of Association. The duties
tanggung jawab Direksi tahun 2024 telah dipaparkan secara           and responsibilities of the Directors in 2024 are detailed in the
mendetail dalam Piagam Direksi yang dapat diakses melalui si-       Directors Charter which is available on the Intiland website.
tus web Intiland.


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      PEMBAGIAN TUGAS DIREKSI                                             DIVISION OF DUTIES OF THE DIRECTORS
      Seluruh anggota Direksi Intiland memiliki kesetaraan tingkatan      The standing and position of each member of the Directors is the
      dalam posisi dan kedudukannya. Namun untuk menjamin pelak-          same level. However, the division of tasks for each member of the
      sanaan dan kesinambungan tercapainya tujuan dan terlaksa-           Directors has been regulated to ensure the implementation and
      nanya rencana-rencana Perusahaan secara sistematis, efisien,        continuity of achieving the goals and future plans of the Com-
      dan efektif, maka sudah diatur tugas dari masing-masing ang-        pany in a systematically, efficient, and effective manner.
      gota Direksi


      Berikut merupakan penjabaran dari pembagian tugas masing-           The following is the division of duties for each member of the
      masing anggota Direksi:                                             Directors:



      Nama /Name                               Ruang Lingkup Tugas dan Tanggung Jawab
                                               Scope of Duties and Responsibilities

      Hendro Santoso Gondokusumo               Bertugas dan bertanggung jawab dalam merumuskan dan merencanakan strategi jangka
      Direktur Utama dan Kepala Eksekutif      panjang Perseroan sesuai dengan visi dan misi Perseroan. Selain itu juga bertanggung
      President Director and Chief Executive   jawab mengawasi dan mengontrol implementasi seluruh strategi Perseroan yang telah
      Officer                                  ditentukan, baik di kantor pusat maupun proyek agar berjalan dengan baik untuk men-
                                               dukung tercapainya visi dan misi Perseroan.


                                               Having the responsibility for formulating and planning the Company’s long-term strate-
                                               gies in line with the Company’s vision and mission, as well as monitoring and controlling
                                               the implementation of the strategies, either in the head office or at the sites of the ongoing
                                               projects so that the Company’s activities run smoothly and fully support the efforts to realize
                                               the Company’s vision and mission.


      Suhendro Prabowo                         Sebagai Wakil Direktur Utama, bertanggung jawab untuk memastikan bahwa setiap seg-
      Wakil Direktur Utama dan Kepala          men usaha Perseroan berjalan sesuai rencana dan memastikan keberlanjutan pertum-
      Konstruksi                               buhan pendapatan dan laba Perseroan. Wakil Direktur Utama juga bertanggung jawab
      Vice President Director & Chief Con-     merumuskan visi dari setiap proyek dan memastikan penerapan visi, serta pengelolaan
      struction Officer                        risiko yang ada dan yang dapat muncul, serta menyebarluaskan visi, misi, dan nilai
                                               Perseroan sehingga dipahami oleh setiap karyawan dan diterapkan dalam setiap aktivitas
                                               sehari-hari.


                                               Sebagai Kepala Konstruksi, Beliau memastikan bahwa pertimbangan dan analisis teknis
                                               yang baik digunakan untuk mendefinisikan secara optimal setiap barang yang perlu dibeli
                                               dan setiap pekerjaan yang perlu dilakukan. Memastikan bahwa standar dan strategi kon-
                                               struksi terkini dan yang ada dapat dimanfaatkan untuk mencapai sasaran proyek terkait
                                               penyeimbangan antara jadwal, anggaran, cakupan, dan kualitas proyek, sebaik-baiknya.
                                               Dan dengan pertimbangan-pertimbangan tersebut, memastikan bahwa tim proyek
                                               mempertahankan standar dan proposisi nilai Intiland sementara melakukan pengelolaan
                                               proses pengadaan yang terbaik di kelasnya.


                                               As Vice President Director, he has the responsibility to ensure that the Company’s business
                                               segments run in line with the Company’s plans, thus, securing sustainability of the Compa-
                                               ny’s revenue and profit growth. Vice President Director is also responsible for formulating the
                                               vision for the projects and seeing to the implementation of the vision, as well as managing
                                               any current or prospective risks, and disseminating the Company’s vision, mission and values
                                               so that all employees understand and incorporate them in their daily activities.


                                               As Chief Construction Officer, he ensures that sound engineering considerations and analyses
                                               were used to optimally define the necessary any and all procured items and works. Ensure
                                               that proper current or novel construction standards and strategies be utilized to best achieve



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Nama /Name                             Ruang Lingkup Tugas dan Tanggung Jawab
                                       Scope of Duties and Responsibilities

                                       the project’s goals of balancing schedule, budget, scope, and quality. And with those consid-
                                       erations ensure that the project team safeguards Intiland’s standards and value proposition
                                       while leveraging procurement through best in class organizations.


Utama Gondokusumo                      Sebagai Wakil Direktur Utama, bertanggung jawab untuk memastikan bahwa setiap seg-
Wakil Direktur Utama & Kepala Kom-     men usaha Perseroan berjalan sesuai rencana, dan memastikan keberlanjutan pertum-
ersial dan Industrial                  buhan pendapatan dan laba Perseroan. Wakil Direktur Utama juga bertanggung jawab
Vice President Director & Chief Com-   merumuskan visi dari setiap proyek dan memastikan penerapan visi dan pengelolaan
mercial and Industrial Officer         risiko yang ada dan yang dapat muncul, serta menyebarluaskan visi, misi, dan nilai Peru-
                                       sahaan sehingga dipahami oleh setiap karyawan dan diterapkan dalam setiap aktivitas
                                       mereka sehari-hari.


                                       Sebagai Kepala Komersial dan Industrial, Beliau mengembangkan produk properti komer-
                                       sial berkelas dunia yang memaksimalkan produktivitas dan mengoptimalkan pengalaman
                                       dari setiap orang yang tinggal dan bekerja di dalamnya, serta didukung oleh ekosistem
                                       penghuni yang meningkatkan kualitasnya secara keseluruhan, serta memastikan bahwa
                                       Intiland mengoperasikan suatu organisasi berorientasi jasa yang meningkatkan pen-
                                       galaman tinggal dan bekerja di properti Intiland, dan pada saat yang bersamaan juga
                                       memaksimalkan penggunaan fasilitas di dalamnya, dan mendorong tumbuhnya pendapa-
                                       tan berulang. Bertanggung jawab mengembangkan kawasan industri berkelas dunia yang
                                       menarik bagi investor dan perusahaan yang membutuhkan properti industri yang ramah
                                       lingkungan, beroperasi secara berkelanjutan, dan mempertimbangkan semua aspek sosial
                                       dan ekologi dari operasinya.


                                       As Vice President Director, he has the responsibility to ensure that the Company’s business
                                       segments run in line with the Company’s plans, thus, securing sustainability of the Compa-
                                       ny’s revenue and profit growth. Vice President Director is also responsible for formulating the
                                       vision for the projects and seeing to the implementation of the vision, as well as managing
                                       any current or prospective risks, and disseminating the Company’s vision, mission and values
                                       so that all employees understand and incorporate them in their daily activities.


                                       As Chief Commercial and Industrial Officer, he has responsibilities to develop world class
                                       commercial property products that maximize the productivity and optimize the experi-
                                       ence of people working and living in it while being supported by an ecosystem of tenants
                                       that enhance the overall quality, and ensures Intiland operates a services organizations
                                       that enhance the experience living and working in Intiland properties and at the same time
                                       maximize use of facilities and recurring income. Being responsible to develop world class
                                       industrial estates that that are attractive to investors and resident companies needing indus-
                                       trial properties that are environmentally conscious, operate in a sustainable manner, with
                                       full considerations of all social and ecological aspects due to their operations.




Novita Anggriani B                     Memonitor dan mengelola fungsi akuntansi, perpajakan, dan aktivitas operasional keuan-
Direktur Keuangan                      gan, yang meliputi hasil penjualan produk Perseroan dan kelompok usahanya, utang,
Chief Financial Officer                dan piutang Perseroan dan seluruh anak Perusahaan agar sesuai dengan ketentuan yang
                                       berlaku guna mendukung kelancaran operasional dalam mencapai tujuan Perseroan.


                                       Monitoring and managing the accountancy and taxation functions, financial operations,
                                       covering the sales of products of the Company and the Group, debts and receivables of the


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      Nama /Name                            Ruang Lingkup Tugas dan Tanggung Jawab
                                            Scope of Duties and Responsibilities

                                            Company and all subsidiaries, so as to be in line with the prevailing regulations to support
                                            the Company’s operations and the achievement of the Company’s objectives.


      Archied Noto Pradono                  Mengembangkan, mengarahkan, dan mengevaluasi metodologi, sistem, dan kebijakan
      Direktur Manajemen Modal dan          yang berkaitan dengan aktivitas pengelolaan bisnis, pencarian dana perusahaan (keuan-
      Investasi & Kepala Investasi          gan), legalitas dan hubungan kerjasama dengan pihak luar (investor), sehingga dida-
      Capital and Investment Management     patkan pembiayaan dana dari berbagai macam sumber untuk mendukung pencapaian
      Director & Chief Investment Officer   kinerja keuangan Perseroan yang baik serta menciptakan citra Perseroan sebagai sebuah
                                            perusahaan yang sehat, memiliki daya jual yang tinggi dan terpercaya.


                                            Developing, directing and evaluating the methods, systems and policies related to the activi-
                                            ties of business management, fund sourcing (finance), legality and partnership with external
                                            parties (investors), so as to gain funds from varied sources to support the growth and perfor-
                                            mance of the Company’s finances as well as to support the Company’s image as a sound and
                                            trusted company with high marketability.


      Perry Yoranouw                        Menetapkan dan mempertahankan standar mutu dan praktik manajemen risiko Intiland
      Direktur Kualitas dan Risiko          melalui berbagai prosedur dan panduan berdasarkan pada ISO 9001 (Manajemen Mutu)
      Quality and Risk Director             dan ISO 31000 (Manajemen Risiko), dengan menerapkan perangkat dan proses yang
                                            terbaik di kelasnya. Memastikan tercapainya setiap target dalam hal kualitas, keuangan,
      Kepala Kualitas dan Risiko            serta berbagai indikator kinerja utama lainnya, dan mempertahankan perbaikan berkelan-
      Chief Quality and Risk Officer        jutan. Dan juga memastikan bahwa setiap keputusan yang diambil oleh manajemen
                                            mempertimbangkan aspek Manajemen Risiko dan Evaluasi Kinerja.


                                            Establish and safeguard Intiland quality standards and risk management practices through
                                            procedures and guidelines according to ISO 9001 (Quality Management) and ISO 31000 (Risk
                                            Management) while employing best in class tools and processes. To ensure that the organiza-
                                            tion work towards achieving targets set forth on either quality targets, financials, or other
                                            key performance indicators and to always foster continuous improvements. And to ensure
                                            that management Decisions clearly weigh the Risk Management aspects and Performance
                                            Evaluations.


      Permadi Indra Yoga                    Mendefinisikan dan mengembangkan strategi produk properti residensial kelas dunia,
      Direktur Pengembangan Bisnis &        serta merealisasikan visi dari tahapan desain hingga serah terima ke konsumen dan
      Kepala Perencanaan                    sepanjang fase operasional. Memastikan bahwa standar mutu Intiland tercermin dalam
      Director of Business Development &    produk yang dibangun dan menciptakan kepuasan yang tertinggi dari pihak konsumen,
      Chief Planning Officer                sehingga mereka dapat menjadi konsumen loyal. Dan memastikan bahwa setiap jalur
                                            pengembangan bisnis ditempuh dengan proses-proses yang tepat, yang mempertim-
                                            bangkan kelayakan finansial, risiko, dan hasil-hasil jangka pendek dan jangka panjangnya.
                                            Menciptakan kemitraan strategis yang dapat memastikan pertumbuhan profitabilitas
                                            selain juga mendapatkan lokasi-lokasi yang strategis.


                                            Define and develop world class residential product strategies and to realize the vision from
                                            design until handover to consumers and in operational status. To ensure that the Intiland
                                            quality standards are reflected in the product constructed and to achieve the highest cus-
                                            tomer satisfactions and repeat business. And having responsibilities to ensure that business
                                            development channels are pursued according to the right processes while weighing the fi-
                                            nancial feasibility, risks, and desired short and long term outcomes. And to establish strategic
                                            partnerships that would ensure profitable growth as well as securing strategic locations.


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PT Intiland Development Tbk                                                                                                                 Good Corporate Governance


PROGRAM PENGEMBANGAN DAN PELATIHAN DI-                                                     DIRECTORS’S DEVELOPMENT AND TRAINING PRO-
REKSI                                                                                      GRAMS
Perumusan program pengembangan dan program pelatihan un-                                   The development programs and training programs designed for
tuk Dewan Komisaris, Direksi, Komite Audit, dan Komite Nomi-                               the Board of Commissioners, the Directors, the Audit Committee,
nasi dan Remunerasi tahun 2024 telah disusun oleh Sekretaris                               and the Nomination and Remuneration Committee for 2024 has
Perusahaan. Program-program ini bertujuan sebagai sarana un-                               been prepared by the Corporate Secretary. The program aimed
tuk menyampaikan masukan dan informasi mengenai perkem-                                    to provide input and information regarding the latest regulatory
bangan peraturan-peraturan teraktual yang membutuhkan at-                                  developments that needed to be considered by the Management,
ensi manajemen, khususnya peraturan-peraturan yang berkaitan                               especially regulations that are directly related to the Company.
secara langsung dengan Perusahaan.


Informasi pelatihan yang diikuti oleh Direksi pada tahun 2024                              Information about the training attended by the Directors in 2024
telah dicantumkan dalam bab Profil Perusahaan pada Laporan                                 has been presented in the Company Profile section of this Annual
Tahunan ini.                                                                               Report.


INDEPENDENSI DIREKSI                                                                       INDEPENDENCY OF THE DIRECTORS
Dalam melaksanakan fungsi dan kegiatan manajemen Per-                                      In carrying out the functions and management of the Company,
seroan, Direksi bertindak secara mandiri tanpa intervensi dari                             the Directors work independently without the intervention of
pihak lain, serta sesuai dengan Anggaran Dasar dan peraturan                               other parties and does not conflict with the Articles of Associa-
perundang-undangan yang berlaku di Pasar Modal. Kemandirian                                tion and the laws and regulations related to the Capital Market.
Direksi berarti tidak adanya kepentingan pribadi atau konflik                              The independence of the Directors means that there is no ele-
kepentingan yang dapat menghalangi kemampuan anggota Di-                                   ment of interest or conflict of interest that might interfere with
reksi untuk menjalankan tugasnya secara objektif. Direksi mam-                             the ability of members of the Directors to carry out their duties
pu memberikan pandangan dan analisis yang mendalam dalam                                   independently and provide sharp opinions and analysis on every
setiap keputusan yang diambil demi kepentingan Perusahaan.                                 decision to be taken for the Company.


FREKUENSI DAN TINGKAT KEHADIRAN RAPAT DI-                                                  FREQUENCY AND ATTENDANCE RATES OF THE
REKSI                                                                                      BOARD OF DIRECTORS
Kebijakan mengenai prosedur pelaksanaan rapat Direksi telah                                The policy for the implementation of the Directors meeting is
diatur pada Piagam Direksi. Direksi menetapkan jadwal rapat un-                            regulated in the Directors Charter. The Directors determines the
tuk jangka waktu satu tahun mendatang pada akhir tahun sebe-                               meeting schedule for next year period at the end of the previ-
lumnya. Rapat Direksi diselenggarakan minimal satu kali setiap                             ous year. The Directors holds at least one meeting every month
bulannya, namun apabila diperlukan dapat lebih sering diseleng-                            but can be held more often if deemed necessary by the Directors.
garakan. Rapat Direksi dikategorikan memenuhi ketentuan kuo-                               Meetings of the Directors fulfill a quorum if attended by 50+1
rum apabila dihadiri oleh 50+1 persen anggota Direksi.                                     percent of the Directors members.


Di tahun 2024, Direksi menyelenggarakan rapat berkala memba-                               In 2024, the Directors held meetings periodically to discuss the
has strategi Perusahaan dalam menjalankan bisnis. Direksi telah                            Company’s strategy in running the business. The Directors held
menyelenggarakan sebanyak 40 rapat di tahun 2024. Berikut                                  40 meetings in 2024. Below is a recapitulation of meeting at-
adalah hasil rekapitulasi daftar kehadiran rapat:                                          tendance:



Nama                                                                   Jumlah Rapat                                  Jumlah Kehadiran                     Persentase
Name                                                                   Total Meeting                                 Total Attendance                     Percentage


Hendro Santoso Gondokusumo                                             40                                            40                                   100%
Suhendro Prabowo                                                       40                                            40                                   100%
Utama Gondokusumo                                                      40                                            40                                   100%
Moedjianto Soesilo Tjahjono*                                           17                                            17                                   100%
Ping Handayani Hanli**                                                 17                                            17                                   100%
Archied Noto Pradono                                                   40                                            40                                   100%
Perry Yoranouw                                                         40                                            40                                   100%
Permadi Indra Yoga                                                     40                                            38                                   95%
Novita Anggriani B***                                                  23                                            23                                   100%

*) Bapak Moedjianto Soesilo Tjahjono mengikuti Rapat Direksi hingga 30 Mei 2024 sehingga jumlah rapat yang dituliskan adalah sebelum pengunduran diri sebagai Wakil Direk-
tur Utama Perseroan. Mr. Moedjianto Soesilo Tjahjono attended the Directors Meeting until May 30, 2024, so total number of meetings attended was before his resignation as Vice
President Director of the Company.
**) Ibu Ping Handayani Hanli mengikuti Rapat Direksi hingga 30 Mei 2024 sehingga jumlah rapat yang dituliskan adalah sebelum pengunduran diri sebagai Direktur Perseroan.
Mrs. Ping Handayani Hanli attended the Directors Meeting until May 30, 2024, so total number of meetings attended was before his resignation as Director of the Company.
***) Ibu Novita Anggriani mulai mengikuti Rapat Direksi sejak 30 Mei 2024, sehingga jumlah rapat yang dituliskan adalah sejak beliau menjadi Direktur Perseroan. Mrs. Novita
Anggraini B began attending the Directors Meeting since May 30, 2024, so total number of meetings attended recorded is since her become Director of the Company.



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      PENILAIAN KINERJA KOMITE DI BAWAH DIREKSI                         PERFORMANCE EVALUATION OF THE DIRECTORS
      Perseroan memiliki fungsi Komite Manajemen Risiko yang di         The Company has a Risk Management Committee function un-
      bawah Direksi yang diketuai oleh salah satu anggota Direksi       der the Directors, chaired by one of the Director and consisting
      dan beranggotakan para Pimpinan Proyek dan Kepala Divisi Per-     of Project Leaders and Division Heads of the Company. In 2024,
      seroan. Di tahun 2024, Peseroan belum melakukan mekanisme         the Company has not yet implemented a specific performance
      penilaian kinerja secara khusus terhadap Komite Manajemen         evaluation mechanism for the Risk Management Committee. Re-
      Risiko. Terkait pengukuran target, kriteria, kompetensi hingga    garding the measurement of targets, criteria, competencies, and
      tingkat kehadiran pada rapat masing-masing anggota komite         attendance levels at meetings, each committee member’s perfor-
      sesuai dengan SOP penilaian divisi yang ditetapkan Perusahaan.    mance is assessed according to the division evaluation SOP set by
                                                                        the Company.




      DEWAN KOMISARIS
      BOARD OF COMMISSIONERS

      Dewan Komisaris merupakan organ di dalam Perusahaan yang          The Board of Commissioners is a corporate organ within the
      secara bersama-sama bertanggung jawab dalam melaksana-            Company that is collectively assigned and responsible for super-
      kan pengawasan, penyampaian nasihat terhadap direksi, dan         vising, providing advice to the Directors, and ensuring that GCG
      memastikan implementasi tata kelola perusahaan (GCG) secara       is properly implemented by the Company at every level and layer
      efektif di seluruh tingkatan dan lapiran organisasi Perusahaan.   of the Company’s organization.


      Anggota Dewan Komisaris memiliki keragaman latar belakang         Members of the Board of Commissioners have different educa-
      pendidikan dan pengalaman. Dengan adanya keragaman terse-         tional backgrounds and experiences. With this diversity of com-
      but, Dewan Komisaris dapat melaksanakan tugas, tanggung           position and background, the Board of Commissioners is able
      jawab, dan independensinya secara profesional, sehingga mem-      to carry out its duties, responsibilities professionally, and inde-
      bawa kemajuan bagi keberlanjutan Perseroan.                       pendently, thereby driving progress for the sustainability of the
                                                                        Company.


      Pengangkatan dan pemberhentian Dewan Komisaris dilakukan          The Board of Commissioners is appointed and dismissed by the
      melalui RUPS secara transparan. Pengangkatan dan penghentian      GMS through a transparent process. The appointment and dis-
      Dewan Komisaris dilakukan setiap 5 (lima) tahun sekali, kecuali   missal of the Board of Commissioners take place every 5 (five)
      terdapat kehendak lain oleh RUPS.                                 years, unless otherwise required by the GMS.


      Hingga 31 Desember 2024, komposisi Dewan Komisaris Perusa-        The composition of the Company’s Board of Commissioners as
      haan telah sesuai dengan ketentuan yang diatur dalam Peratu-      of December 31, 2024, complied with the provisions of POJK No.
      ran Otoritas Jasa Keuangan (POJK) No. 33/POJK.04/2014. Infor-     33/POJK.04/2014 and has been fully submitted in the Board of
      masi tersebut telah disampaikan secara lengkap dalam Laporan      Commissioners’ Profile in the Company Profile Chapter of this An-
      Tahunan pada bagian Profil Dewan Komisaris.                       nual Report.



      PIAGAM DEWAN KOMISARIS                                            BOARD OF COMMISSIONERS CHARTER
      Pelaksanaan tugas dan tanggung jawab Dewan Komisaris meru-        In carrying out its duties and responsibilities, the Board of Com-
      juk pada Piagam Dewan Komisaris yang mengutamakan prinsip-        missioners refers to the Board of Commissioners Charter which
      prinsip transparansi, independen, kompeten, dan bertanggung       emphasizes the principles of transparency, independence, com-
      jawab. Perumusan Piagam Dewan Komisaris berdasar pada ke-         petence and responsibility. The preparation of the Board of Com-
      tentuan hukum, Anggaran Dasar, Peraturan OJK, serta hasil Ra-     missioners Charter is based on the laws and regulations, Articles
      pat Umum Pemegang Saham (RUPS) dan memerhatikan prinsip-          of Association, OJK Regulations, and matters regulated in the
      prinsip Tata Kelola Perusahaan yang baik (GCG).                   GMS and takes into account the practice of GCG.


      Piagam Dewan Komisaris berisikan mengenai deskripsi tugas,        The Board of Commissioners charter contains a description of the
      tanggung jawab, kewenangan, persyaratan umum, dan indepen-        duties, responsibilities, authorities, general requirements and in-
      densi Dewan Komisaris, termasuk penyampaian masa jabatan,         dependence of the Board of Commissioners, including those re-
      rapat, laporan, dan komite-komite di bawahnya. Piagam Dewan       lated to the term of office, meetings, reports, and the committees
      Komisaris dievaluasi dan diperbarui secara berkala supaya tetap   under it. The Board of Commissioners’ Charter is evaluated and
      sejalan dengan perubahan, regulasi yang berlaku, serta kebutu-    refined periodically so that it always follows developments, ap-
      han Perseroan.                                                    plicable regulations, and of course in accordance with the needs
                                                                        of the Company.




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KOMPOSISI DEWAN KOMISARIS                                           COMPOSITION OF THE BOARD OF COMMISSIONERS
Komposisi Dewan Komisaris Intiland telah sesuai dengan keten-       The composition of Intiland’s Board of Commissioners complies
tuan yang diatur pada POJK No. 33/POJK.04/2014 tentang Direksi      with the provisions of POJK No. 33/POJK.04/2014 on the Direc-
dan Dewan Komisaris Emiten atau Perusahaan Publik.                  tors and Board of Commissioners of Issuers or Public Companies.


Pada tahun 2024, terdapat perubahan susunan Dewan Komisa-           In 2024, there are changes in the composition of the Board of
ris berdasarkan hasil keputusan RUPS Tahunan tahun 2024. Su-        Commissioner based on the resolutions of the Annual GMS in
sunan Dewan Komisaris per 31 Desember 2024 adalah sebagai           2024. The composition of the Board of Commissioners as of De-
berikut:                                                            cember 31, 2024, is as follows:



Komisaris Utama | President Commissioner                            : Sinarto Dharmawan
Wakil Komisaris Utama dan Komisaris Independen                      : DR. Sofyan A. Djalil, SH. MA
/Vice President Commissioner and Independent Commissioner
Komisaris Independen | Independent Commissioner                     : Thio Gwan Po Micky
Komisaris Independen | Independent Commissioner                     : Friso Palilingan
Komisaris | Commissioner                                            : Jahja Asikin
Komisaris | Commissioner                                            : Ping Handayani Hanli




KOMISARIS INDEPENDEN                                                INDEPENDENT COMMISSIONERS
Komisaris Independen merupakan anggota Dewan Komisaris              The Independent Commissioner is a member of the Board of
yang tidak memiliki hubungan afiliasi dengan anggota Direksi,       Commissioners who is not affiliated with members of the Direc-
anggota Dewan Komisaris lainnya, atau pemegang saham pe-            tors, other members of the Board of Commissioners and control-
ngendali. Selain itu, Komisaris Independen tidak terikat dalam      ling shareholders. The Independent Commissioner is also free
hubungan bisnis atau hubungan lain yang dapat memengaruhi           from business relationships or other relationships that could af-
kemampuannya untuk bertindak secara independen dan mengu-           fect their ability to act independently or solely in the interest of
tamakan kepentingan Perusahaan.                                     the Company.


Per 31 Desember 2024, Perseroan memiliki tiga Komisaris Inde-       As of December 31, 2024, the Company has three Independent
penden, yaitu Bapak Dr. Sofyan A. Djalil, SH, MA, Bapak Thio Gwan   Commissioners, namely Mr. Dr. Sofyan A. Djalil, SH, MA, Mr. Thio
Po Micky, dan Bapak Friso Palilingan. Jumlah ini mewakili 60%       Gwan Po Micky, and Mr. Friso Palilingan. This amount has repre-
dari total anggota Dewan Komisaris, sehingga telah memenuhi         sented 60% of all members of the Board of Commissioners, so
ketentuan yang diatur dalam POJK No. 33/POJK.04/2014.               that the Company has complied with the requirements of POJK
                                                                    No. 33/POJK.04/2014.


KRITERIA KOMISARIS INDEPENDEN DAN INDEPEN-                          CRITERIA OF INDEPENDENT COMMISSIONER AND
DENSINYA                                                            ITS INDEPENDENCE
Kriteria Komisaris Independen Intiland adalah sebagai berikut:      The criteria for Intiland’s Independent Commissioner are as fol-
1. Tidak tercatat sebagai anggota manajemen Perseroan;              lows:
2. Tidak mempunyai hubungan afiliasi dengan anggota Di-             1. Is not listed as a member of the management of the Com-
      reksi, anggota Dewan Komisaris, atau pemegang saham                pany;
      Perseroan, dalam Perseroan yang sama;                         2. Is not affiliated with members of the Board of Directors,
3. Bukan sebagai Pemegang Saham mayoritas dan tidak me-                  members of the Board of Commissioners, or shareholders
      miliki hubungan, baik secara langsung atau tidak langsung          of the Company in the same Company;
      dengan Pemegang Saham mayoritas;                              3. Is not a majority shareholder and is not having a relation-
4. Dalam kurun waktu tiga tahun terakhir tidak dipekerjakan              ship, either directly or indirectly with the majority share-
      dalam kapasitasnya sebagai eksekutif oleh perusahaan lain          holder;
      dalam satu kelompok usaha dan tidak pula dipekerjakan         4. Within the last three years, has not been employed as an
      dalam kapasitasnya sebagai Komisaris setelah tidak lagi            executive by another company in the same business group
      menempati posisi seperti itu;                                      and has not been employed as a Commissioner upon no
5. Tidak tercatat sebagai penasehat profesional di Perseroan             longer serving the executive position;
      atau perusahaan lain dalam satu kelompok dengan Per-          5. Is not registered as a professional advisor in the Company or
      seroan;                                                            other companies in the same group as the Company;
6. Bukan sebagai pemasok atau pelanggan yang signifikan             6. Is not a significant and influential supplier or customer of
      serta berpengaruh dari Perseroan atau perusahaan lain              the Company or other companies within the Company’s
      dalam satu kelompok usaha Perseroan;                               business group;
7. Tidak memiliki kontrak dengan Perseroan atau perusahaan          7. Does not have any outstanding contract with the Company
      lainnya dalam satu kelompok usaha Perseroan selain seba-           or other companies in the same business group of the Com-
      gai Komisaris Perseroan;                                           pany other than as a Commissioner of the Company;


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      8.   Tidak punya kepentingan dan urusan bisnis apapun dengan     8.   Does not have any business interests and matters with the
           Perseroan;                                                       Company;
      9.   Tidak pernah menjadi anggota Direksi, anggota Dewan         9.   Has never been a member of the Board of Directors, a
           Komisaris, atau menduduki jabatan 1 (satu) tingkat di            member of the Board of Commissioners, or held a position
           bawah Direksi pada Perseroan tersebut dalam kurun waktu          1 (one) level below the Board of Directors of the Company
           2 (dua) tahun terakhir.                                          in the last 2 (two) years.


      Seluruh Komisaris Independen Intiland telah memenuhi kri-        The three Independent Commissioners of Intiland have met all
      teria independensi sebagaimana diatur dalam POJK No. 33/         the independence criteria listed in POJK No. 33/POJK.04/2014
      POJK.04/2014 dan telah menyerahkan surat pernyataan inde-        and has submitted a statement of independence and a letter of
      pendensi dan surat pemenuhan persyaratan sebagai Komisaris       fulfillment of the requirements as Commissioner and Indepen-
      serta Komisaris Independen kepada Perseroan. Dokumen-doku-       dent Commissioner to the Company. The statement letter has
      men tersebut telah disimpan dalam arsip perusahaan.              been archived by the Company.



      TUGAS, TANGGUNG JAWAB DAN WEWENANG DE-                           DUTIES, REPONSIBILITIES, AND AUTHORITY OF
      WAN KOMISARIS                                                    BOARD OF COMMISSIONERS
      1.   Bertugas melakukan pengawasan dan bertanggung jawab         1.   Concluding supervision and being responsible for supervis-
           atas pengawasan terhadap kebijakan pengurusan dan                ing the management and its process well as the Company’s
           jalannya pengurusan serta usaha perusahaan;                      business;
      2.   Berwenang memberikan nasihat kepada Direksi;                2.   Having the authority to advise the Directors;
      3.   Dalam kondisi tertentu, Dewan Komisaris wajib menyeleng-    3.   Being responsible for convening Annual GMS and Extraor-
           garakan RUPS Tahunan dan RUPS lainnya sesuai dengan ke-          dinary GMS due to a certain condition, in accordance with
           wenangannya sebagaimana diatur dalam Peraturan Perun-            their authority as stipulated in the Laws and Regulations
           dang-undangan dan Anggaran Dasar;                                and Articles of Association;
      4.   Berkewajiban melaksanakan tugas dan tanggung jawab          4.   Being obligated to carry out duties and responsibilities as
           sebagaimana dimaksud pada ayat (1) dengan itikad baik,           staters in the article (1) with goodwill, full responsibility
           penuh tanggung jawab, dan kehati-hatian;                         and prudent manner;
      5.   Dalam rangka mendukung efektivitas pelaksanaan tugas        5.   Establishing an Audit Committee as well as other commit-
           dan tanggung jawabnya sebagaimana dimaksud pada ayat             tees in order to support the effectiveness of duties stated
           (1), Dewan Komisaris wajib membentuk Komite Audit dan            in the article (1;)
           dapat membentuk komite lainnya sesuai kebutuhan Per-
           seroan;
      6.   Berkewajiban melakukan evaluasi terhadap kinerja komite     6.   Being obliged to evaluate the committee’s performance in
           yang membantu pelaksanaan tugas dan tanggung jawab-              assisting their duties and responsibilities as stated in the
           nya sebagaimana dimaksud pada ayat (4) setiap akhir tahun        article (4), at every end of fiscal year;
           buku;
      7.   Berwenang memberhentikan sementara anggota Direksi          7.   Having the authority to temporarily dismiss members of
           dengan menyebutkan alasannya; serta                              the Directors, by stating the reasons;
      8.   Dapat melakukan tindakan pengurusan Emiten atau Peru-       8.   Conducting management of the Issuers or Public Compa-
           sahaan Publik dalam keadaan tertentu dan untuk jangka            nies during certain conditions and period of time, as deter-
           waktu tertentu, yang ditetapkan berdasarkan Anggaran             mined by the Articles of Association or GMS resolutions.
           Dasar atau keputusan RUPS.



      PROGRAM PENGEMBANGAN DAN PELATIHAN DE-                           DEVELOPMENT AND TRAINING PROGRAM FOR
      WAN KOMISARIS                                                    BOARD OF COMMISSIONERS
      Program Pengembangan untuk anggota Dewan Komisaris di-           The Development Program for members of the Board of Com-
      selenggarakan dengan tujuan meningkatkan dan memperluas          missioners is held with the aim of increasing and developing the
      wawasan Dewan Komisaris. Seluruh informasi terkait pelatihan     knowledge of the Board of Commissioners. All information re-
      yang diikuti oleh Dewan Komisaris selama tahun 2024 telah di-    lated to the training of the Board of Commissioners in 2024 has
      ungkapkan dalam Bab Profil Perusahaan pada Laporan Tahunan       been presented in the Company Profile chapter of this Annual
      ini.                                                             Report.



      PELAKSANAAN TUGAS DEWAN KOMISARIS TAHUN                          IMPLEMENTATION OF DUTIES OF THE BOARD OF
      2024                                                             COMMISSIONERS IN 2024
      Selama tahun 2024, Dewan Komisaris Perseroan telah melaku-       In 2024, the Company’s Board of Commissioners carried out the
      kan tugas sebagai berikut:                                       following duties:
      1. Menyusun rencana kerja tahunan.                               1. Prepared the annual work plan.
      2. Membahas kinerja Direksi dan kinerja Perseroan.               2. Discussed the decisions of the Board of Commissioners on


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PT Intiland Development Tbk                                                                                                              Good Corporate Governance


                                                                                                all actions of the Directors and evaluated the Company’s
                                                                                                performance which was carried out every quarter.
3.  Membahas usulan rencana-rencana pengembangan Peru-                                   3.     Discussed the proposed development plans of the Company
    sahaan yang disampaikan oleh Direksi.                                                       submitted by the Directors.
4. Memberikan arahan dan masukan kepada Direksi atas ren-                                4.     Provided advice and input to the Directors on plans and
    cana dan langkah-langkah yang mungkin diambil dalam                                         steps to be taken in running the Company.
    menjalankan Perusahaan.
5. Mengevaluasi kinerja komite-komite di bawah Dewan                                     5.  Evaluated the performance of the committees under the
    Komisaris.                                                                               Board of Commissioners.
6. Memberikan tanggapan atas laporan audit Perusahaan                                    6. Provided feedback on the Company’s audit report submitted
    yang disampaikan oleh Komite Audit.                                                      by the Audit Committee.
7. Membahas dan memberikan saran atas tindak lanjut dan                                  7. Discussed and provided advice on the follow-up and find-
    temuan-temuan audit internal dan/atau audit eksternal.                                   ings of the internal audit and/or external audit.
8. Menghadiri Rapat Umum Pemegang Saham Tahunan.                                         8. Attended the Annual General Meeting of Shareholders.
9. Menyampaikan laporan Dewan Komisaris dalam RUPS.                                      9. Delivered the Board of Commissioners’ report at the GMS.
10. Melakukan penilaian mandiri terhadap kinerja Dewan                                   10. Conducted an independent assessment of the performance
    Komisaris selama tahun berjalan.                                                         of the Board of Commissioners during the year.
11. Menunjuk Akuntan Publik dan Kantor Akuntan Publik Per-                               11. Appointed a Public Accountant and a Public Accounting Firm
    seroan dengan mempertimbangkan penilaian dan masu-                                       by considering the assessment and input from the Audit
    kan dari Komite Audit.                                                                   Committee.
12. Menyelenggarakan rapat Dewan Komisaris secara berkala                                12. Organized regular Board of Commissioners meetings to dis-
    untuk membahas dan memutuskan isu-isu penting Per-                                       cuss and resolve important issues of the Company.
    seroan.

FREKUENSI DAN TINGKAT KEHADIRAN RAPAT DE-                                                FREQUENCY AND THE ATTENDANCE RATES OF THE
WAN KOMISARIS                                                                            BOARD OF COMMISSIONERS
Piagam Dewan Komisaris mengatur kebijakan mengenai pelak-                                The Board of Commissioners Charter regulates the policy for the
sanaan Rapat Dewan Komisaris. Jadwal rapat selama satu tahun                             implementation of the Board of Commissioners Meeting. The
mendatang telah ditetapkan oleh Dewan Komisaris sebelum be-                              Board of Commissioners has set a meeting schedule for the com-
rakhirnya tahun buku. Dewan Komisaris setidaknya menyeleng-                              ing year before the end of the financial year. The Board of Com-
garakan rapat rutin satu kali dalam dua bulan dan juga dapat                             missioners holds regular meetings at least once in two months
diselenggarakan apabila diperlukan.                                                      and can also be held at any time if necessary.


Dewan Komisaris secara berkala menyelenggarakan rapat untuk                              The Board of Commissioners regularly organizes meetings to dis-
membahas kegiatan Perusahaan dan melakukan diskusi dengan                                cuss the Company’s activities and conducts discussions with the
Komite-Komite di bawah Dewan Komisaris guna membahas                                     Committees under the Board of Commissioners to discuss issues
masalah yang dianggap perlu untuk mendapatkan perhatian                                  deemed necessary to receive attention from the Board of Com-
dari Dewan Komisaris. Sepanjang tahun 2024, Dewan Komisa-                                missioners. Throughout 2024, the Board of Commissioners held 9
ris menyelenggarakan rapat sebanyak 9 (sembilan) kali dengan                             (nine) meetings with the attendance rate which can be conveyed
tingkat kehadiran yang dapat disampaikan dalam rekapitulasi                              in the recapitulation of attendance as follows:
kehadiran sebagai berikut:




Nama                                                                 Jumlah Rapat                                  Jumlah Kehadiran                    Persentase
Name                                                                 Total Meeting                                 Total Attendance                    Percentage


Sinarto Dharmawan                                                    9                                             6                                   67%
DR. Sofyan A. Djalil, SH.MA                                          9                                             9                                   100%
Thio Gwan Po Micky                                                   9                                             9                                   100%
Friso Palilingan                                                     9                                             9                                   100%
Jahja Asikin                                                         9                                             6                                   67%
Ping Handayani Hanli*                                                7                                             7                                   100%

*) Ibu Ping Handayani Hanli mulai mengikuti rapat Dewan Komisaris sejak 30 Mei 2024, sehingga jumlah rapat yang dicatat adalah sejak beliau menjadi Komisaris Perseroan.
| Mrs. Ping Handayani Hanli began attending Board of Commissioners meetings since May 30, 2024, so total number of meetings recorded is since became Commissioners of the
Company.




                                                                                                                                                                            229
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      Tata Kelola Perusahaan yang Baik                                                                           Laporan Tahunan | Annual Report 2024



      PENILAIAN KINERJA DIREKSI DAN DEWAN KOMISA-                           PERFORMANCE EVALUATION OF THE DIRECTORS
      RIS                                                                   AND THE BOARD OF COMMISSIONERS
      Perseroan melakukan penilaian kinerja Dewan Komisaris dan Di-         The Company assesses the performance of the Board of Commis-
      reksi secara kolegial melalui mekanisme penilaian mandiri setiap      sioners and the Directors collegially through a self-assessment
      tahunnya. Penilaian kinerja tersebut berdasarkan pada beberapa        mechanism every year. The performance assessment is based on
      aspek antara lain terkait tingkat pencapaian kinerja Perseroan,       several aspects, among others related to the level of achievement
      pelaksanaan tugas dan tanggung jawab, tata kelola perusahaan,         of the Company’s performance, implementation of duties and
      hingga anggaran dasar dan peraturan perundang-undangan.               responsibilities, corporate governance, to the articles of associa-
                                                                            tion and laws and regulations.


      Proses penilaian kinerja dijalankan secara transparan dan akun-       The performance appraisal process is carried out in a transpa-
      tabel dan hasilnya dapat memberikan umpan balik kepada De-            rent and accountable and the results can provide feedback to the
      wan Komisaris dan Direksi untuk meningkatkan kinerjanya di            Board of Commissioners and Directors to improve their perfor-
      masa mendatang. Proses penilaian kinerja dilakukan melalui            mance in the future. The performance appraisal process is con-
      metode penilaian secara individual (self-assessment), dan Dewan       ducted through the self-assessment method, and the Board of
      Komisaris.                                                            Commissioners.


      PENILAIAN KINERJA DIREKSI                                             PERFORMANCE EVALUATION OF THE DIRECTORS
      Direksi secara bersama-sama dan berkala menjalankan evaluasi          The Directors jointly and periodically evaluates the achievement
      terhadap pencapaian target kerja sekaligus menetapkan target          of work targets as well as sets targets and strategies for future
      dan strategi untuk langkah-langkah yang akan diambil di masa          steps to be taken. The setting of targets and strategies covers
      depan. Penetapan target dan strategi mencakup aspek keuangan          both financial and non-financial aspects, such as improving the
      maupun non-keuangan, seperti perbaikan sistem dan kualitas            Company’s systems and quality, improving the quality of human
      perusahaan, peningkatan kualitas sumber daya manusia, ek-             resources, expanding business segments, improving the efficien-
      spansi segmen usaha, peningkatan efisiensi dan efektivitas pe-        cy and effectiveness of budget management, and other aspects.
      ngelolaan anggaran, serta aspek lainnya.


      Direksi juga telah melakukan evaluasi kinerja Direksi secara man-     The Directors has also evaluated the performance of the Direc-
      diri melalui metode self-assessment, baik kinerja secara kolektif     tors independently through the self-assessment method, both
      maupun secara individu pada bulan Desember 2024.                      collectively and individually in December 2024.


      Berikut adalah detail mengenai prosedur, kriteria, dan pihak yang     The following are details regarding the procedures, criteria, and
      melakukan penilaian kinerja Direksi:                                  parties conducting the performance assessment of the Directors:


      Prosedur Pelaksanaan Penilaian                                        Assessment Procedure
      Direksi melakukan penilaian kinerja dengan mengisi formulir pe-       The Directors conducts a performance assessment by filling out a
      nilaian mandiri. Formulir penilaian mandiri telah sesuai dengan       self-assessment form. The self-assessment form is in accordance
      tugas, tanggung jawab dan kewenangan Direksi antara lain yang         with the duties, responsibilities and authorities of the Directors,
      termatub pada Piagam Direksi maupun peraturan yang menga-             among others, as stated in the Directors Charter and the regula-
      tur tugas, tanggung jawab, dan kewenangan Direksi.                    tions governing the duties, responsibilities and authorities of the
                                                                            Directors.


      Alur proses penilaian mandiri sebagai berikut :                       The flow of the self-assessment process is as follows:
      1. Masing-masing anggota Direksi mengisi formulir penilaian           1. Each member of the Directors fills in the self-assessment
           mandiri;                                                              form;
      2. Hasil penilaian mandiri Direksi dilaporkan dan dievaluasi          2. The results of the Directors’ self-assessment are reported
           oleh Dewan Komisaris melalui rapat berdasarkan rekomen-               and evaluated by the Board of Commissioners through a
           dasi dari Komite Nominasi dan Remunerasi Perseroan;                   meeting based on recommendations from the Company’s
      3. Pembahasan hasil evaluasi.                                              Nomination and Remuneration Committee;
                                                                            3. Discussion of evaluation results.


      Kriteria Penilaian                                                    Assessment Criteria
      Penilaian kinerja Direksi dilakukan dengan menggunakan kriteria       The performance assessment of the Directors is conducted using
      yang jelas, terukur, realistis, dan relevan serta disetujui bersama   clear, measurable, realistic, and relevant criteria and is mutually
      untuk menjadi tolak ukur penilaian. Berikut adalah kriteria pe-       agreed upon to be the benchmark for assessment. The following
      nilaian anggota Direksi Perseroan:                                    are the criteria for assessing members of the Company’s Direc-
                                                                            tors:
      1.   Pelaksanaan tugas Direksi sesuai dengan mekanisme kerja,         1.   Implementation of the duties of the Directors in accordance
           yang meliputi rapat dan pelaporan.                                    with the working mechanism, which includes meetings and
                                                                                 reporting.



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PT Intiland Development Tbk                                                                                Good Corporate Governance


2.   Implementasi tata kelola perusahaan yang baik dan aspek          2.   Implementation of good corporate governance and sustain-
     keberlanjutan.                                                        ability aspects.
3.   Keselarasan antara kinerja usaha Perseroan dengan strategi       3.   Alignment between the Company’s business performance
     usaha yang dicanangkan, serta pencapaian kinerja finansial            and the business strategy, as well as the achievement of fi-
     dan manajemen risiko.                                                 nancial performance and risk management.
4.   Evaluasi pribadi dan rekan sejawat.                              4.   Personal and peer evaluation.


Pihak yang Melakukan Penilaian                                        Parties Conducting Assessment
Pihak yang melakukan penilaian terhadap kinerja Direksi ada-          The party conducting an assessment of the performance of the
lah masing—masing anggota Direksi, melalui penilaian man-             Directors is each member of the Directors, through self-assess-
diri. Hasil penilaian mandiri tersebut kemudian dievaluasi oleh       ment. The results of the self-assessment are then evaluated by
Dewan Komisaris melalui rapat berdasarkan rekomendasi dari            the Board of Commissioners through a meeting based on recom-
Komite Nominasi dan Remunerasi Perseroan.                             mendations from the Company’s Nomination and Remuneration
                                                                      Committee.


Bilamana dinilai perlu, penilaian kinerja Direksi yang difasilitasi   If deemed necessary, an assessment of the performance of the
oleh pihak eksternal dapat dilakukan secara berkala. Fasilitas        Directors facilitated by an external party may be conducted pe-
eksternal yang ditunjuk memberikan perspektif atas kinerja Di-        riodically. The appointed external facility provides a perspective
reksi dan pandangan terhadap kinerja lainnya. Pihak Eksternal         on the performance of the Directors and a view of other perfor-
yang ditunjuk akan memberikan umpan balik dan hasil evaluasi          mance. The appointed external party will provide feedback and
kinerja Direksi.                                                      evaluation results on the performance of the Directors.



PENILAIAN KINERJA DEWAN KOMISARIS                                     PERFORMANCE EVALUATION OF THE BOARD OF
                                                                      COMMISSIONERS
Dewan Komisaris Perseroan telah menyampaikan laporan per-             The Board of Commissioners of the Company has submitted
tanggungjawaban pada akhir tahun 2024 yang mencakup ki-               an accountability report at the end of 2024 covering the per-
nerja dan kegiatan yang telah dilaksanakan. Laporan tersebut          formance and activities that have been carried out. The report
meliputi evaluasi pencapaian kinerja Perseroan, pelaksanaan           includes an evaluation of the Company’s performance achieve-
prinsip-prinsip Tata Kelola Perusahaan, serta rekomendasi untuk       ments, implementation of Corporate Governance principles, and
prospek di tahun mendatang.                                           recommendations for prospects in the coming year.


Pada Rapat Umum Pemegang Saham (RUPS), Dewan Komisaris                At the General Meeting of Shareholders (GMS), the Board of
telah menyampaikan laporan pertanggungjawaban serta telah             Commissioners has submitted the accountability report and it
dicantumkan di dalam Laporan Tahunan Perseroan. Dewan                 has been included in the Company’s Annual Report. The Board of
Komisaris juga telah melakukan evaluasi terhadap kinerja De-          Commissioners has also evaluated the performance of the Board
wan Komisaris secara mandiri melalui metode penilaian mandiri,        of Commissioners independently through the self-assessment
baik kinerja secara kolektif maupun secara individu pada bulan        method, both collectively and individually in December 2024.
Desember 2024.


Berikut adalah prosedur, kriteria, dan pihak yang melakukan pe-       The following are the procedures, criteria, and parties conduct-
nilaian kinerja Dewan Komisaris tahun 2024:                           ing the performance assessment of the Board of Commissioners
                                                                      in 2024:


Prosedur Pelaksanaan Penilaian                                        Assessment Procedure
Penilaian kinerja Dewan Komisaris dilakukan dengan metode             The performance assessment of the Board of Commissioners is
penilaian sendiri oleh masing-masing anggota Dewan Komisa-            carried out using the self-assessment method by each member
ris. Penilaian tersebut menggunakan formulir penilaian mandiri        of the Board of Commissioners. The assessment uses a self-as-
yang sesuai dengan tugas, tanggung jawab, dan kewenangan              sessment form that is in accordance with the duties, responsi-
Dewan Komisaris antara lain yang termatub pada Piagam Dewan           bilities, and authorities of the Board of Commissioners, among
Komisaris maupun peraturan yang mengatur tugas, tanggung              others, as stated in the Charter of the Board of Commissioners
jawab, dan kewenangan Dewan Komisaris.                                and regulations governing the duties, responsibilities, and au-
                                                                      thorities of the Board of Commissioners.


Alur proses penilaian kinerja Dewan Komisaris sebagai berikut:        The flow of the self-assessment process is as follows:
1. Masing-masing anggota Dewan Komisaris mengisi formulir             1. Each member of the Board of Commissioners fills in the self-
     penilaian mandiri;                                                    assessment form;
2.   Hasil penilaian mandiri dievaluasi oleh Dewan Komisaris          2.   The results of the Board of Commissioners self-assessment
     melalui rapat berdasarkan rekomendasi dari Komite Nomi-               are reported and evaluated by the Board of Commissioners
     nasi dan Remunerasi Perseroan;                                        through a meeting based on recommendations from the



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      Tata Kelola Perusahaan yang Baik                                                                              Laporan Tahunan | Annual Report 2024


                                                                                    Company’s Nomination and Remuneration Committee;
      3.   Pembahasan hasil evaluasi.                                          3.   Discussion of evaluation results.


      Kriteria Penilaian                                                       Assessment Criteria
      Penilaian kinerja Dewan Komisaris dilakukan dengan mengguna-             The performance assessment of the Board of Commissioners is
      kan kriteria yang jelas, terukur, realistis, dan relevan serta disetu-   carried out using clear, measurable, realistic, and relevant crite-
      jui bersama untuk menjadi tolak ukur penilaian. Berikut adalah           ria and is mutually agreed upon as a benchmark for assessment.
      kriteria penilaian anggota Dewan Komisaris:                              The following are the assessment criteria for members of the
                                                                               Board of Commissioners:
      1.   Pencapaian program kerja Dewan Komisaris.                           1. Achievement of the Board of Commissioners work program.
      2.   Tingkat kehadiran dalam Rapat Dewan Komisaris.                      2. Attendance rate at the Board of Commissioners Meeting.
      3.   Signifikansi rekomendasi yang disampaikan kepada Direksi            3. Significance of recommendations submitted to the Board of
           dan manajemen terkait:                                                    Directors and related management:
      4.   Strategi dan rencana penting Perseroan;                             4. Key strategies and plans of the Company;
      5.   Integritas laporan keuangan Perseroan;                              5. The integrity of the Company’s financial statements;
      6.   Sistem pengendalian internal dan manajemen risiko; dan              6. Internal control and risk management system; and
      7.   Tata kelola perusahaan yang baik dan aspek keberlanjutan            7. Good corporate governance and sustainability aspects.
      8.   Terpenuhinya ketentuan dan kepatuhan atas peraturan                 8. Fulfillment of provisions and compliance with regulations



      Pihak yang Melakukan Penilaian                                           Parties Conducting the Assessment
      Pihak yang melakukan penilaian kinerja Dewan Komisaris adalah            The party conducting the performance assessment of the Board
      masing-masing anggota Dewan Komisaris, melalui mekanisme                 of Commissioners is each member of the Board of Commission-
      penilaian mandiri. Hasil penilaian kemudian dievaluasi oleh              ers, through a self-assessment mechanism. The results of the
      Dewan Komisaris melalui rapat berdasarkan rekomendasi dari               assessment are then evaluated by the Board of Commissioners
      Komite Nominasi dan Remunerasi Perseroan.                                through a meeting based on recommendations from the Com-
                                                                               pany’s Nomination and Remuneration Committee.


      Bilamana dnilai perlu, penilaian kinerja Dewan Komisaris dapat           If deemed necessary, the performance assessment of the Board
      difasilitasi dan dilakukan oleh pihak eksternal. Fasilitas ekster-       of Commissioners may be facilitated and conducted by an exter-
      nal yang ditunjuk memberikan perspektif atas kinerja Dewan               nal party. The appointed external facility provides a perspective
      Komisaris maupun pandangan terhadap kinerja-kinerja lainnya.             on the performance of the Board of Commissioners as well as
      Pihak Eksternal yang ditunjuk akan memberikan umpan balik                views on other performances. The appointed external party will
      serta hasil evaluasi kinerja Dewan Komisaris selama periode ta-          provide feedback and evaluation results of the Board of Commis-
      hun berjalan.                                                            sioners’ performance during the current year period.



      Penilaian Kinerja Komite di Bawah Dewan Komisa-                          Performance Evaluation for Committees under the
      ris                                                                      Board of Commissioners
      Perseroan memiliki dua komite yang membantu tugas Dewan                  The Company has two committees that assist the duties of the
      Komisaris meliputi Komite Audit dan Komite Nominasi dan Re-              Board of Commissioners, including the Audit Committee and the
      munerasi. Dewan Komisaris menilai Komite Audit dan Komite                Nomination and Remuneration Committee. The Board of Com-
      Nominasi dan Remunerasi telah melaksanakan tugas dan tang-               missioners considers that the Audit Committee and Nomination
      gung jawabnya secara memadai sesuai dengan pedoman kerja                 and Remuneration Committee have adequately carried out their
      yang telah ditetapkan di tahun 2024. Kinerja komite-komite di-           duties and responsibilities in accordance with the work guide-
      ukur dari pelaksanaan semua rencana kerja yang telah ditetap-            lines established in 2024. The performance of the committees
      kan bersama-sama Dewan Komisaris di awal tahun.                          is measured by the implementation of all work plans that have
                                                                               been set together with the Board of Commissioners at the begin-
                                                                               ning of the year.


      Setelah melakukan evaluasi terhadap proses kerja dan pencapa-            After evaluating the work process and achievements in 2024, the
      ian di tahun 2024, maka Dewan Komisaris menetapkan bahwa                 Board of Commissioners determined that the Audit Committee
      Komite Audit dan Komite Nominasi dan Remunerasi telah beker-             and the Nomination and Remuneration Committee have worked
      ja dengan baik sesuai dengan tugas dan fungsi yang ditetapkan.           well in accordance with their duties and functions.


      Berikut prosedur dan kriteria penilaian yang digunakan dalam             The following procedures and assessment criteria are used in as-
      menilai kinerja komite-komite di bawah Dewan Komisaris:                  sessing the performance of the committees under the Board of
                                                                               Commissioners:




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PT Intiland Development Tbk                                                                            Good Corporate Governance


KOMITE NOMINASI DAN REMUNERASI                                    NOMINATION AND REMUNERATION COMMITTEE

Prosedur Pelaksanaan Penilaian                                    Assessment Procedure
Proses penilaian dilakukan oleh masing-masing anggota komite      The assessment process is carried out by each committee mem-
dengan menggunakan formulir penilaian mandiri. Formulir pe-       ber using a self-assessment form. The self-assessment form is in
nilaian mandiri telah sesuai dengan tugas dan kewajiban Komite    accordance with the duties and obligations of the Nomination
Nominasi dan Remunerasi yang antara lain termatub pada Pi-        and Remuneration Committee which, among others, are con-
agam Komite Nominasi & Remunerasi maupun peraturan yang           tained in the Nomination & Remuneration Committee Charter
mengatur tugas, tanggung jawab, dan kewenangan Komite             and regulations governing the duties, responsibilities and author-
Nominasi & Remunerasi.                                            ity of the Nomination & Remuneration Committee.


Tata cara pelaksanaan penilaian sebagai berikut:                  The procedure for conducting the assessment is as follows:
1. Anggota Komite Nominasi & Remunerasi mengisi Formulir          1. Nomination & Remuneration Committee members fill out
     penilaian mandiri;                                                the self-assessment form;
2. Hasil penilaian mandiri anggota Komite Nominasi & Remu-        2. The results of the self-assessment of the Nomination & Re-
     nerasi selanjutnya dievaluasi oleh Dewan Komisaris melalui        muneration Committee members are then evaluated by the
     rapat;                                                            Board of Commissioners through a meeting;
3. Pembahasan hasil evaluasi.                                     3. Discussion of evaluation results.



Kriteria Penilaian                                                Assessment Criteria
1.   Pelaksanaan tugas Komite Nominasi & Remunerasi sesuai        1.   Implementation of Nomination & Remuneration Commit-
     dengan mekanisme kerja, yang meliputi rapat dan pelapo-           tee duties in accordance with the work mechanism, which
     ran.                                                              includes meetings and reporting.
2.   Implementasi tata kelola perusahaan yang baik dan aspek      2.   Implementation of good corporate governance and sustain-
     keberlanjutan.                                                    ability aspects.
3.   Keselarasan antara pendapat, saran, dan rekomendasi          3.   Alignment between opinions, suggestions, and recommen-
     terkait fungsi nominasi dan remunerasi dengan strategi            dations related to the nomination and remuneration func-
     dan kinerja usaha Perseroan serta pelaksanaan manajemen           tion with the Company’s business strategy and performance
     risiko.                                                           as well as the implementation of risk management.
4.   Pelaksanaan tugas, tanggung jawab, dan kewenangan            4.   Implementation of duties, responsibilities, and authori-
     sesuai Piagam Komite Nominasi dan Remunerasi dan Pera-            ties in accordance with the Nomination and Remuneration
     turan yang berlaku.                                               Committee Charter and applicable regulations.



KOMITE AUDIT                                                      AUDIT COMMITTEE

Prosedur Pelaksanaan Penilaian                                    Assessment Procedure

Proses penilaian dilakukan oleh masing-masing anggota komite      The assessment process is conducted by each committee mem-
dengan menggunakan formulir penilaian mandiri. Formulir pe-       ber using a self-assessment form. The self-assessment form is in
nilaian mandiri telah sesuai dengan tugas dan kewajiban Komite    accordance with the duties and obligations of the Audit Commit-
Audit yang antara lain termatub pada Piagam Komite Audit          tee which, among others, are set forth in the Audit Committee
maupun peraturan yang mengatur tugas, tanggung jawab, dan         Charter and the regulations governing the duties, responsibili-
kewenangan Komite Audit.                                          ties, and authority of the Audit Committee.


Tata cara pelaksanaan penilaian sebagai berikut:                  The procedure for conducting the assessment is as follows:
1. Anggota Komite Audit mengisi Formulir penilaian mandiri;       1. Audit Committee members fill out the self-assessment
                                                                       form;
2.   Hasil penilaian mandiri anggota Komite Audit selanjutnya     2. The results of the self-assessment of Audit Committee
     dievaluasi oleh Dewan Komisaris melalui rapat berdasar-           members are then evaluated by the Board of Commission-
     kan rekomendasi dari Komite Nominasi & Remunerasi Per-            ers through a meeting based on recommendations from the
     seroan;                                                           Company’s Nomination & Remuneration Committee;
3.   Pembahasan hasil evaluasi.                                   3. Discussion of evaluation results.



Kriteria Penilaian                                                Assessment Criteria
1.   Pelaksanaan tugas, tanggung jawab, dan kewenangan            1.   Implementation of duties, responsibilities, and authorities
     Komite Audit sesuai dengan mekanisme kerja, yang meli-            of the Audit Committee in accordance with the working
     puti rapat dan pelaporan.                                         mechanism, which includes meetings and reporting.
2.   Implementasi tata kelola perusahaan yang baik dan aspek      2.   Implementation of good corporate governance and sustain-


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           keberlanjutan.                                                       ability aspects.
      3.   Kecukupan struktur, komposisi, independensi, dan kompe-         3.   Adequacy of the structure, composition, independence, and
           tensi Komite Audit.                                                  competence of the Audit Committee.
      4.   Implementasi dari tugas, tanggung jawab, dan kewenangan         4.   Implementation of duties, responsibilities, and authorities
           sesuai Piagam Komite Audit dan Peraturan yang berlaku.               in accordance with the Audit Committee Charter and ap-
                                                                                plicable regulations.



      Rapat Gabungan Dewan Komisaris dan Direksi                           Joint Meeting of the Board of Commissioners and
                                                                           Directors
      Penyelenggaraan Rapat Gabungan bertujuan untuk menkoor-              The Joint Meeting aims to coordinate and discuss the Directors’
      dinasikan dan membahas laporan dan kinerja Direksi secara            reports and performance on a regular basis, future business
      berkala, prospek dan kondisi bisnis ke depan, kebijakan-kebijakan    prospects and conditions, Government policies that impact the
      Pemerintah yang berdampak terhadap kinerja Perusahaan, dan           Company’s performance, as well as other matters deemed im-
      juga hal-hal lain yang dinilai penting untuk dibahas secara kolek-   portant to be discussed collectively. At the Joint Meeting, the
      tif. Pada Rapat Gabungan, Dewan Komisaris memberikan masu-           Board of Commissioners provides input and advice to the Direc-
      kan dan nasihat kepada Direksi yang dituangkan ke dalam Berita       tors as outlined in the Minutes of Meeting of each meeting.
      Acara Rapat dari setiap penyelenggaraan rapat.


      Jadwal penyelenggaraan Rapat Gabungan untuk periode satu             The schedule for the Joint Meeting for the upcoming one-year
      tahun mendatang disusun secara bersama-sama oleh Dewan               period is prepared jointly by the Board of Commissioners and
      Komisaris dan Direksi. Pelaksanaan Rapat Gabungan dapat diu-         the Directors. The Joint Meeting can be proposed by the Board of
      sulkan oleh Dewan Komisaris maupun Direksi.                          Commissioners or the Directors.


      Pada tahun 2024, Dewan Komisaris dan Direksi menyelenggara-          In 2024, the Board of Commissioners and the Directors held a
      kan sebanyak 9 (sembilan) Rapat Gabungan. Sebanyak 5 (lima)          total of 9 (nine) Joint Meetings. A total of 5 (five) meetings were
      rapat diusulkan oleh Direksi dan terdapat 4 (empat) rapat yang       proposed by the Directors and 4 (four) meetings were proposed
      merupakan usulan dari Dewan Komisaris. Berikut adalah tingkat        by the Board of Commissioners. The following is the attendance
      kehadiran anggota Dewan Komisaris dan Direksi dalam Rapat            rate of members of the Board of Commissioners and Directors in
      Gabungan tahun 2024:                                                 the Joint Meeting in 2024:




      Nama                                                                         Jumlah Rapat           Jumlah Kehadiran        Persentase
      Name                                                                         Total Meeting          Total Attendance        Percentage


      Sinarto Dharmawan                                                            9                      9                       100%
      Komisaris Utama | President Commissioner

      DR. Sofyan A. Djalil, SH.MA                                                  9                      9                       100%
      Wakil Komisaris Utama & Komisaris Independen
      Vice President Commissioner & Independent Commissioner

      Thio Gwan Po Micky                                                           9                      9                       100%
      Komisaris Independen | Independent Commissioner

      Friso Palilingan                                                             9                      9                       100%
      Komisaris Independen | Independent Commissioner

      Jahja Asikin                                                                 9                      9                       100%
      Komisaris | Commissioner

      Ping Handayani Hanli*                                                        4                      4                       100%
      Komisaris | Commissioner

      Hendro Santoso Gondokusumo                                                   9                      9                       100%
      Direktur Utama | President Director

      Suhendro Prabowo                                                             9                      8                       89%
      Wakil Direktur Utama | Vice President Director

      Utama Gondokusumo                                                            9                      9                       100%
      Wakil Direktur Utama | Vice President Director

      Moedjianto S. Tjahjono**                                                     5                      5                       100%
      Wakil Direktur Utama | Vice President Director


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Nama                                                                                                  Jumlah Rapat                 Jumlah Kehadiran              Persentase
Name                                                                                                  Total Meeting                Total Attendance              Percentage


Ping Handayani Hanli*                                                                                 5                            5                             100%
Direktur | Director

Archied Noto Pradono                                                                                  9                            9                             100%
Direktur | Director

Perry Yoranouw                                                                                        9                            9                             100%
Direktur | Director

Permadi Indra Yoga                                                                                    9                            9                             100%
Direktur | Director

Novita Anggriani***                                                                                   4                            4                             100%
Direktur | Director


*) Ibu Ping Handayani Hanli menjabat sebagai Direktur Perseroan hingga RUPST pada 30 Mei 2024 dan selanjutnya menjabat sebagai Komisaris Perseroan sejak disahkan melalui
RUPST pada 30 Mei 2024. Jumlah rapat yang dicatatkan adalah sebelum pengunduran diri sebagai Direktur Perseroan dan setelah menjabat sebagai Komisaris Perseroan. Mrs.
Ping Handayani Hanli served as the Director of the Company until the Annual GMS on May 30, 2024, and subsequently became the Commissioner of the Company upon being ap-
pointed through the AGMS on May 30, 2024. The number of meetings recorded includes those held before her resignation as the Director of the Company and after she assumed the
position of Commissioner of the Company.
**) Bapak Moedjianto Soesilo Tjahjono mengikuti Rapat Gabungan hingga 30 Mei 2024 sehingga jumlah rapat yang dicatatkan adalah sebelum pengunduran diri sebagai Wakil
Direktur Utama Perseroan. Mr. Moedjianto Soesilo Tjahjono attended the Joint Meeting until May 30, 2024, so total number of meetings attended was before his resignation as Vice
President Director of the Company.
***) Ibu Novita Anggriani mulai mengikuti Rapat Gabungan sejak 30 Mei 2024, sehingga jumlah rapat yang dituliskan adalah sejak beliau menjadi Direktur Perseroan. Mrs. Novita
Anggiani began attending Joint Meetings since May 30, 2024, so total number of meetings recorded is since he became Director of the Company.




Nominasi dan Remunerasi Direksi dan Dewan
Komisaris
Nomination and Remuneration of the Directors and the Board of Commissioners

Prosedur Nominasi Direksi dan Dewan Komisaris                                              Nomination Procedure of the Directors and the
                                                                                           Board of Commissioners:
Perseroan memiliki prosedur nominasi bagi Direksi dan Dewan                                The Company has a nomination procedure for the Directors and
Komisaris yang berlandaskan pada prinsip-prinsip tata kelola pe-                           Board of the Commissioners based on the principles of corporate
rusahaan, transparansi dan akuntabilitas. Pelaksanaan prosedur                             governance, transparency and accountability. The implementa-
nominasi bertujuan untuk mendapatkan komposisi Direksi dan                                 tion of the nomination procedure aims to obtain the ideal com-
Dewan Komisaris yang ideal, sesuai dengan lantar belakang,                                 position of the Directors and the Board of Commissioners, in
keahlian, dan pengalaman yang sesuai dengan tujuan Perusa-                                 accordance with the background, expertise and experience in
haan. Komite Nominasi dan Remunerasi membantu untuk me-                                    accordance with the Company’s objectives. The Nomination and
mastikan prosedur nominasi bagi Direksi dan Dewan Komisaris                                Remuneration Committee helps to ensure that the nomination
terlaksana dengan baik.                                                                    procedures for the Directors and the Board of Commissioners are
                                                                                           properly implemented.


Dalam melaksanakan fungsi nominasi bagi Direksi dan Dewan                                  In carrying out the nomination function for the Directors and
Komisaris, Komite Nominasi dan Remunerasi menjalankan prose-                               the Board of Commissioners, the Nomination and Remuneration
dur sebagai berikut:                                                                       Committee carries out the following procedures:
1. Menyusun komposisi dan proses nominasi anggota Direksi                                  1. Develop the composition and nomination process for mem-
     dan/atau anggota Dewan Komisaris;                                                          bers of the Directors and/or members of the Board of Com-
                                                                                                missioners;
2.     Menyusun kebijakan dan kriteria yang dibutuhkan dalam                               2. Develop policies and criteria required in the nomination
       proses nominasi dan calon anggota Direksi dan/atau De-                                   process and candidates for members of the Directors and/
       wan Komisaris;                                                                           or the Board of Commissioners;
3.     Membantu pelaksanaan evaluasi atas kinerja anggota Di-                              3. Assist the implementation of evaluation on the perfor-
       reksi dan/atau anggota Dewan Komisaris;                                                  mance of members of the Directors and/or members of the
                                                                                                Board of Commissioners;
4.     Menyusun program pengembangan kemampuan anggota                                     4. Develop capacity building programs for members of the Di-
       Direksi dan/atau Dewan Komisaris; dan                                                    rectors and/or the Board of Commissioners; and
5.     Menelaah dan mengusulkan calon yang memenuhi per-                                   5. Review and propose candidates who meet the require-
       syaratan sebagai anggota Direksi dan/atau anggota Dewan                                  ments as members of the Directors and/or members of the



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           Komisaris kepada Dewan Komisaris untuk disampaikan ke-               Board of Commissioners to the Board of Commissioners to
           pada RUPS.                                                           be submitted to the GMS.


      Berkaitan dengan pelaksanaan fungsi remunerasi bagi ang-             Regarding the implementation of the remuneration function for
      gota Direksi dan anggota Dewan Komisaris, Komite Nominasi            members of the Directors and members of the Board of Com-
      dan Remunerasi telah melaksanakan sesuai prosedur. Besaran           missioners, the Nomination and Remuneration Committee has
      remunerasi bagi Dewan Komisaris diusulkan melalui RUPS ber-          carried out in accordance with procedures. The amount of remu-
      dasarkan hasil evaluasi kinerja Dewan Komisaris serta memper-        neration for the Board of Commissioners is proposed through the
      timbangkan kondisi Perusahaan, makro ekonomi Indonesia, dan          GMS based on the results of the Board of Commissioners’ per-
      prospek Perusahaan. Prosedur penetapan remunerasi dilaksana-         formance evaluation and considering the Company’s condition,
      kan berdasarkan kinerja dari masing-masing anggota Direksi dan       Indonesia’s macro economy, and the Company’s prospects. The
      Dewan Komisaris, serta mempertimbangkan kemampuan finan-             procedure for determining remuneration is based on the perfor-
      sial Perseroan.                                                      mance of each member of the Directors and Board of Commis-
                                                                           sioners, as well as considering the Company’s financial capability.


      Pada RUPST 2024 menyetujui nilai remunerasi Dewan Komisaris          The 2024 AGMS approved the remuneration value of the
      Perseroan adalah sebesar-besarnya Rp.12.000.000.000 (dua be-         Company’s Board of Commissioners to be a maximum of
      las miliar Rupiah), yang meliputi dari komponen gaji, tunjangan      Rp.12,000,000,000 (twelve billion Rupiah), which includes the
      hari raya keagamaan maksimal satu kali gaji, fasilitas kesehatan     components of salary, religious holiday allowance of a maximum
      sesuai yang berlaku di perusahaan, dan faktor pajak yang men-        of one time salary, health facilities in accordance with applicable
      jadi tanggungan Perusahaan. Sedangkan penetapan remunerasi           regulations in the Company, and tax factors that are borne by
      bagi Direksi, dilimpahkan kepada Dewan Komisaris dengan ber-         the Company. Meanwhile, the determination of remuneration
      dasarkan pada penilaian kinerja dan kontribusi dari anggota          for the Directors is delegated to the Board of Commissioners
      Direksi serta mempertimbangkan usulan dari Komite Nominasi           based on an assessment of the performance and contribution
      dan Remunerasi dan Direktur Utama Perusahaan.                        of the members of the Directors and considering proposals from
                                                                           the Nomination and Remuneration Committee and the President
                                                                           Director of the Company.


      Struktur Remunerasi Anggota Direksi dan Anggota Dewan                Remuneration Structure for Members of the Directors and Mem-
      Komisaris:                                                           bers of the Board of Commissioners:


      Dengan mempertimbangkan kinerja Perusahaan secara keselu-            Taking into account the Company’s overall performance and
      ruhan dan kinerja Direksi selama tahun 2024, Dewan Komisa-           the performance of the Directors during 2024, the Board of
      ris menyetujui bahwa remunerasi Direksi adalah sebesar               Commissioners approved that the remuneration of the Direc-
      Rp.21.063.292.555 (dua puluh satu miliar enam puluh tiga juta        tors is Rp.21,063,292,555 (twenty-one billion, sixty-three mil-
      dua ratus Sembilan puluh dua ribu lima ratus lima puluh lima Ru-     lion, two hundred ninety-two thousand, five hundred fifty-five
      piah) dan remunerasi Dewan Komisaris sebesar Rp9.093.595.224         Rupiah) and remuneration of the Board of Commissioners is
      (sembilan miliar sembilan puluh tiga juta lima ratus sembilan        Rp9,093,595,224 (nine billion, ninety-three million, five hundred
      puluh lima ribu dua ratus dua puluh empat Rupiah). Besaran           ninety-five thousand, two hundred twenty-four Rupiah). The
      remunerasi tersebut terdiri dari komponen gaji, tunjangan hari       amount of remuneration consists of salary components, holiday
      raya, fasilitas kesehatan, bonus, dan faktor pajak. Secara keselu-   allowances, health facilities, bonuses, and tax factors. Overall,
      ruhan total remunerasi Direksi dan Dewan Komisaris tahun 2024        the total remuneration of the Directors and Board of Commis-
      sebesar Rp30.156.887.779 (tiga puluh miliar seratus lima puluh       sioners in 2024 is Rp30,156,887,779 (thirty billion, one hundred
      enam juta delapan ratus depalan puluh tujuh ribu tujuh ratus tu-     fifty-six million, eight hundred eighty-seven thousand, seven
      juh puluh Sembilan Rupiah)                                           hundred seventy-nine Rupiah).




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KOMITE AUDIT
AUDIT COMMITTEE

Pembentukan Komite Audit bertujuan untuk membantu Dewan           The established of the Audit Committee aims to assist the du-
Komisaris dalam mendorong implementasi Tata Kelola Perusa-        ties of the Board of Commissioners in encourage the implemen-
haan yang baik, terbentuknya struktur pengendalian internal,      tation of good corporate governance, as well as to establish an
peningkatan kualitas keterbukaan dan pelaporan keuangan, ser-     internal control structure, improve the quality of disclosure and
ta melakukan evaluasi terhadap kinerja Akuntan Publik meliputi    financial reporting, and conducting a review of the performance
ruang lingkup pekerjaan, ketepatan, kemandirian, obyektivitas,    of the Public Accountant covering the scope of work, accuracy,
dan metode audit dari Akuntan Publik.                             independence, objectivity, and audit methodology of the Public
                                                                  Accountant.


Pembentukan Komite Audit Perseroan merujuk pada Peraturan         The establishment of the Company’s Audit Committee refers to
OJK No.55/POJK.04/2015 tentang Pembentukan dan Pedoman            OJK Regulation No.55/POJK.04/2015 on the Establishment and
Pelaksanaan Kerja Komite Audit, serta Surat Keputusan Dewan       Implementation Guideline of the Audit Committee. Audit Com-
Komisaris. Tugas, tanggung jawab, dan kewenangan Komite           mittee, as well as the Decree of the Board of Commissioners. The
Audit telah diatur secara terperinci dan merujuk pada Piagam      duties, responsibilities and authorities of the Audit Committee
Komite Audit yang telah dimiliki Perseroan.                       have been regulated in detail and refer to the Audit Committee
                                                                  Charter that the Company has.



PERSYARATAN KOMITE AUDIT                                          AUDIT COMMITTEE QUALIFICATION
Persyaratan untuk menentukan keanggotaan Komite Audit ber-        The requirements for determining the membership of the Audit
pedoman pada Piagam Komite Audit Perseroan. Persyaratan           Committee are guided by the Company’s Audit Committee Char-
keanggotaan Komite Audit antara lain meliputi:                    ter. Audit Committee membership requirements include, among
                                                                  others:


1.   Memiliki integritas yang tinggi, kemampuan, pengetahuan,     1.   Having high integrity, ability, knowledge, experience in ac-
     pengalaman sesuai dengan bidang pekerjaannya serta                cordance with the field of work and able to communicate
     mampu berkomunikasi dengan baik.                                  well.
2.   Wajib memahami laporan keuangan, bisnis perusahaan           2.   Must understand financial statements, the Company’s
     khususnya yang terkait dengan layanan jasa atau kegiatan          business, especially those related to Intiland’s services or
     usaha Intiland, proses audit, manajemen risiko dan peratu-        business activities, the audit process, risk management
     ran perundang-undangan di bidang pasar modal serta pera-          and laws and regulations in the capital market and other
     turan perundang-undangan terkait lainnya.                         related laws and regulations.
3.   Wajib mematuhi kode etik Komite Audit yang ditetapkan        3.   Must comply with the Audit Committee code of ethics es-
     oleh Perseroan.                                                   tablished by the Company.
4.   Bersedia meningkatkan kompetensi secara terus-menerus        4.   Willing to improve competence continuously through edu-
     melalui pendidikan dan pelatihan.                                 cation and training.
5.   Bukan merupakan orang dalam kantor akuntan publik, kan-      5.   Not an insider of a public accounting firm, legal consulting
     tor konsultan hukum, kantor jasa penilai publik atau pihak        firm, public appraisal service firm or other party that pro-
     lain yang memberi jasa assurance, jasa non-assurance, jasa        vides assurance services, non-assurance services, appraisal
     penilai dan/atau jasa konsultasi lain kepada Perseroan            services and/or other consulting services to the Company
     dalam waktu 6 (enam) bulan terakhir.                              within the last 6 (six) months.
6.   Bukan merupakan orang yang bekerja atau mempunyai            6.   Not a person who works or has the authority and respon-
     wewenang dan tanggung jawab untuk merencanakan, me-               sibility to plan, lead, control, or supervise the activities of
     mimpin, mengendalikan, atau mengawasi kegiatan Intiland           Intiland within the last 6 (six) months except for the Inde-
     dalam waktu 6 (enam) bulan terakhir kecuali Komisaris In-         pendent Commissioner.
     dependen.
7.   Tidak mempunyai saham Perseroan secara langsung mau-         7.   Does not own shares of the Company directly or indirectly.
     pun tidak langsung.
8.   Tidak mempunyai hubungan afiliasi dengan anggota De-         8.   Has no affiliation with members of the Board of Commis-
     wan Komisaris, anggota Direksi atau pemegang saham                sioners, members of Directors or major shareholders of the
     utama Perseroan.                                                  Company.
9.   Tidak mempunyai hubungan usaha baik langsung maupun          9.   Has no direct or indirect business relationship related to the
     tidak langsung yang berkaitan dengan kegiatan usaha Per-          Company’s business activities.
     seroan.



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      Informasi mengenai Piagam Komite Audit dapat di akses pada        Information regarding the Audit Committee Charter can be ac-
      situs web Perseroan (www.intiland.com).                           cessed on the Company’s website (www.intiland.com).



      PERUBAHAN SUSUNAN KOMITE AUDIT INTILAND                           THE CHANGES OF COMPOSITION OF INTILAND’S AU-
                                                                        DIT COMMITTEE
      Hingga 31 Desember 2024, tidak ada perubahan susunan Komite       As of December 31, 2024, there is no change in the composition
      Audit Intiland. Susunan Komite Audit Perseroan sebagai berikut:   of Intiland’s Audit Committee. The composition of the Company’s
                                                                        Audit Committee is as follows:



      Nama                    Jabatan                Masa Jabatan       Dasar Hukum Pengangkatan
      Name                    Position               Terms of Service   Legal Basis of Appointment


      Friso Palilingan        Ketua / Chairman       2021 – 2025        Surat Keputusan Dewan Komisaris No. 001-SK/Intiland/CS/
                                                                        BOC/V/2021, tertanggal 25 Mei 2021.
                                                                        Decree of the Board of Commissioners No. 001-SK/Intiland/CS/
                                                                        BOC/V/2021 dated May 25, 2021.

      Fransiscus Alip         Anggota / Member       2021 – 2025        Surat Keputusan Dewan Komisaris No. 001-SK/Intiland/CS/
                                                                        BOC/V/2021, tertanggal 25 Mei 2021.
                                                                        Decree of the Board of Commissioners No. 001-SK/Intiland/CS/
                                                                        BOC/V/2021 dated May 25, 2021.

      Atik Susanto            Anggota / Member       2021 - 2025        Surat Keputusan Dewan Komisaris No. 001-SK/Intiland/CS/
                                                                        BOC/V/2021, tertanggal 25 Mei 2021.
                                                                        Decree of the Board of Commissioners No. 001-SK/Intiland/CS/
                                                                        BOC/V/2021 dated May 25, 2021.




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PT Intiland Development Tbk                                                                            Good Corporate Governance



Profil Komite Audit
Audit Committe Profile




                                                                    Friso Palilingan
                                                                    Ketua Komite Audit
                                                                    Audit Committee Chairman

                                                                    41 tahun, Warga Negara Indonesia
                                                                    41 years old, Indonesian Citizen

                                                                    Domisili | Domicile
                                                                    Jakarta, Indonesia




Riwayat Pendidikan            •   2016 Certified Audit Committee Practitioner,    •    2016 Certified Audit Committee Practition-
| Educational Background          Ikatan Komite Audit Indonesia                        er, Indonesian Institute of Audit Committee
                              •   2013 Chartered Accountant (“CA”), IAI           •    2013 Chartered Accountant (“CA”), IAI
                              •   2008 Certified Public Accountant (“CPA”), IAI   •    2008 Certified Public Accountant (“CPA”), IAI
                              •   2008, Magister di bidang Akuntansi dari Kwik    •    2008 Master’s degree in Accounting, Kwik
                                  Kian Gie School of Business.                         Kian Gie School of Business
                              •   2005, Sarjana Ekonomi dari Kwik Kian Gie        •    2005 Bachelor of Economics Degree in Ac-
                                  School of Business.                                  counting, Kwik Kian Gie School of Business


Pengalaman Kerja              •   2017 – 2020 Komite Audit PT Medikaloka Her-     •    2017 - 2020 Audit Committee of PT Medika-
| Professional Experience         mina Tbk                                             loka Hermina Tbk
                              •   2016 – 2020 Komite Audit PT Duta Intidaya       •    2016 - 2020 Audit Committee of PT Duta
                                  Tbk                                                  Intidaya Tbk
                              •   2015 – 2020 Vice Chairman PT NBP Kapital        •    2015 - 2020 Vice Chairman of PT NBP Kapital
                                  Partners                                             Partners
                              •   2015 – sekarang Komite Audit PT BFI Finance     •    2015 - present Audit Committee of PT BFI
                                  Indonesia Tbk                                        Finance Indonesia Tbk
                              •   2014 – 2020 Anggota Dewan Standar Akun-         •    2014 - 2020 Member of the Financial Ac-
                                  tansi Keuangan Ikatan Akuntan Indonesia              counting Standards Board of the Indonesian
                                                                                       Institute of Accountants
                              •   2010 – 2013 Partner KAP Tanubrata Sutanto       •    2010 - 2013 Partner of KAP Tanubrata Su-
                                  Fahmi & Rekan (anggota BDO International             tanto Fahmi & Partners (member of BDO
                                  Limited)                                             International Limited)


Dasar Hukum                   Diangkat berdasarkan Surat Keputusan Dewan          Appointed based on the Decree of the Board
| Basis of Appointment        Komisaris PT Intiland Development Tbk No. 001-SK/   of Commissioners of PT Intiland Development Tbk
                              Intiland/CS/BOC/V/2021 tentang Pengangkatan         No. 001-SK/Intiland/CS/BOC/V/2021 on Appoint-
                              Komite Audit PT Intiland Development Tbk.           ment of the Audit Committee of PT Intiland De-
                                                                                  velopment Tbk.


Periode Jabatan             Periode ke-1                                          First Period
| Term of Office

Masa Jabatan                2021– 2025                                            2021 – 2025
| Tenure




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      Tata Kelola Perusahaan yang Baik                                                                         Laporan Tahunan | Annual Report 2024




      Rangkap Jabatan            •       2020 – sekarang Komisaris Independen PT In-     •    2020 – present Independent Commissioner
      | Concurrent Position              tiland Development Tbk                               of PT Intiland Development Tbk
                                 •       2024 – sekarang Komisaris PT Bersama Untuk      •    2024 - present Commissioner of PT Bersama
                                         Nusantara                                            Untuk Nusantara
                                 •       2024 – sekarang Anggota Komite Audit PT         •    2024 - present Member of Audit Committee
                                         Profesional Telekomunikasi Indonesia                 of PT Profesional Telekomunikasi Indonesia
                                 •       2023 – sekarang Komisaris PT Mitra Ananda       •    2023 - present Commissioner of PT Mitra
                                         Megadistrindo                                        Ananda Megadistrindo
                                 •       2020 - sekarang Komisaris PT Kiat Ananda        •    2020 - present Commissioner of PT Kiat
                                         Cold Storage                                         Ananda Cold Storage
                                 •       2020 - sekarang Komisaris PT Manggala Kiat      •    2020 - present Commissioner of PT Mangga-
                                         Ananda                                               la Kiat Ananda
                                 •       2020 - sekarang Komisaris PT Ananda Solusin-    •    2020 - present Commissioner of PT Ananda
                                         do                                                   Solusindo
                                 •       2019 – sekarang Komite Audit PT Asahimas        •    2019 - present Audit Committee of PT Asahi-
                                         Flat Glass Tbk                                       mas Flat Glass Tbk
                                 •       2013 – sekarang Senior Partner KAP Paul Hadi-   •    2013 - present Senior Partner of KAP Paul
                                         winata, Hidajat, Arsono, Retno, Palilingan &         Hadiwinata, Hidajat, Arsono, Retno, Palilin-
                                         Rekan (anggota PKF International Limited)            gan & Rekan (member of PKF International
                                                                                              Limited)



      Hubungan Afiliasi          Tidak ada hubungan afiliasi                             No Affiliate relationship
      | Affiliate Relationship




240                                                                                                                   Serenia Hills
Page 241
PT Intiland Development Tbk                                                                             Good Corporate Governance




                                                                    Fransiscus Alip
                                                                    Anggota Komite Audit
                                                                    Audit Committee Member

                                                                    49 tahun, Warga Negara Indonesia
                                                                    49 years old, Indonesian Citizen

                                                                    Domisili | Domicile
                                                                    Jakarta, Indonesia




Riwayat Pendidikan          •     2013: Master of Business and Administration,    •    2013: Master of Business and Administra-
| Educational Background          Kellogg School of Management, Northwest-             tion, Kellogg School of Management, North-
                                  ern University dan The Hong Kong University          western University and The Hong Kong Uni-
                                  of Science and Technology.                           versity of Science and Technology.
                            •     2007: Pendidikan Profesi Akuntan (PPAK), Uni-   •    2007: Professional Accountant Education
                                  versitas Trisakti, Jakarta.                          (PPAK), Trisakti University, Jakarta.
                            •     2004: Australian Chartered Accountant, Syd-     •    2004: Australian Chartered Accountant, Syd-
                                  ney, Australia.                                      ney, Australia.
                            •     1998: Sarjana Ekonomi jurusan Akuntansi dari    •    1998: Bachelor of Economics majoring in Ac-
                                  Universitas Trisakti, Jakarta.                       counting from Trisakti University, Jakarta.


Pengalaman Kerja            •      2013 – 2023 Komite Audit PT Baramulti Suk-     •    2013 – 2023 Audit Committee PT Baramulti
| Professional Experience          sessarana Tbk                                       Suksessarana Tbk
                            •      1999 – 2007 Audit Assurance Ernst & Young –    •    1999 – 2007 Audit Assurance Ernst & Young
                                   Jakarta, Sydney dan London.                         – Jakarta, Sydney, dan London.
                            •      1998 - 1999 Audit Assurance Arthur Anders-     •    1998 - 1999: Audit Assurance Arthur An-
                                   en, Jakarta.                                        dersen, Jakarta.


Dasar Hukum                   Diangkat berdasarkan Surat Keputusan Dewan          Appointed based on the Decree of the Board of
| Basis of Appointment        Komisaris PT Intiland Development Tbk No. 001-SK/   Commissioners of PT Intiland Development Tbk
                              Intiland/CS/BOC/V/2021 tentang Pengangkatan         No. 001-SK/Intiland/CS/BOC/V/2021 on Appoint-
                              Komite Audit PT Intiland Development Tbk.           ment of the Audit Committee of PT Intiland De-
                                                                                  velopment Tbk.


Periode Jabatan             Periode ke-1                                          First Period
| Term of Office


Masa Jabatan                2021– 2025                                            2021 – 2025
| Tenure


Rangkap Jabatan             •     2024 – sekarang: Komisaris Independen PT        •    2024 - present: Independent Commissioner
| Concurrent Position             JACCS MPM Finance Indonesia                          of PT JACCS MPM Finance Indonesia
                            •     2011 – sekarang: Direktur dan Partner AJ        •    2011 – present: Director and Partner AJ Cap-
                                  Capital Advisory.                                    ital Advisory.



Hubungan Afiliasi             Tidak ada hubungan afiliasi                         No Affiliate relationship
| Affiliate Relationship




                                                                                                                                      241
                                                                                                                                      241
Page 242
      Tata Kelola Perusahaan yang Baik                                                                         Laporan Tahunan | Annual Report 2024




                                                                            Atik Susanto
                                                                            Anggota Komite Audit
                                                                            Audit Committee Member

                                                                            53 tahun, Warga Negara Indonesia
                                                                            53 years old, Indonesian Citizen

                                                                            Domisili | Domicile
                                                                            Jakarta, Indonesia




      Riwayat Pendidikan          •      2003, Sarjana Hukum dari Universitas Katolik     •    2003, Bachelor of Law, from Atmajaya Cath-
      | Educational Background           Atmajaya, Jakarta.                                    olic Universiy, Jakarta.
                                  •      1994, Master of Business and Administration      •    1994, Master of Business and Administra-
                                         dari University of South Alabama.                     tion from University of South Alabama.
                                  •      1993, Bachelor of Science dari University of     •    1993, Bachelor of Science dari University of
                                         South Alabama.                                        South Alabama.


      Pengalaman Kerja            •      2015–2018: Partner, Oentoeng Suria & Part-       •    2015 – 2018: Partner, Oentoeng Suria &
      | Professional Experience          ners (Association with Ashurst)                       Partners (Association with Ashurst).
                                  •      2009–2015: Pendiri & Managing Partners, Su-      •    2009 - 2015: Founding & Managing Part-
                                         santo & Partners.                                     ners, Susanto & Partners.
                                  •      2003: Senior Associate, Bahar & Partners.        •    2003: Senior Associate, Bahar & Partners.
                                  •      1995-1999: Analis, PT Merrill Lynch Indonesia.   •    1995-1999: Analyst, PT Merrill Lynch Indo-
                                                                                               nesia.
                                  •      1994-1995: Analis, PT Kapita Sekurindo (Smith    •    1994-1995: Analyst, PT Kapita Sekurindo
                                         New Court Indonesia).                                 (Smith New Court Indonesia).



      Dasar Hukum                 Diangkat berdasarkan Surat Keputusan Dewan              Appointed based on the Decree of the Board of
      | Basis of Appointment      Komisaris PT Intiland Development Tbk No. 001-SK/       Commissioners of PT Intiland Development Tbk
                                  Intiland/CS/BOC/V/2021 tentang Pengangkatan             No. 001-SK/Intiland/CS/BOC/V/2021 on Appoint-
                                  Komite Audit PT Intiland Development Tbk.               ment of the Audit Committee of PT Intiland De-
                                                                                          velopment Tbk.


      Periode Jabatan             Periode ke-1                                            First Period
      | Term of Office


      Masa Jabatan                2021– 2025                                              2021 – 2025
      | Tenure


      Rangkap Jabatan             •   2023 – sekarang Anggota komite Audit di PT          •    2023 - present Member of Audit committee
      | Concurrent Position           Menteng Heritage Realty Tbk.                             at PT Menteng Heritage Realty Tbk.
                                  •   2018 - sekarang Pendiri & Managing Partners,        •    2018 - present Founding & Managing Part-
                                      Susanto & Partners.                                      ners, Susanto & Partners.


      Hubungan Afiliasi           Tidak ada hubungan afiliasi                             No Affiliate relationship
      | Affiliate Relationship




242
Page 243
PT Intiland Development Tbk                                                                              Good Corporate Governance


INDEPENDENSI KOMITE AUDIT                                         AUDIT COMMITTEE INDEPENDENCE
Anggota Komite Audit Perseroan telah memenuhi persyaratan         The members of the Company’s Audit Committee have met the
independensi yang merupakan bagian dari penerapan prinsip-        independence requirements, which are part of the implemen-
prinsip Tata Kelola Perusahaan yang baik. Seluruh anggota         tation of Good Corporate Governance principles. All members
Komite Audit telah mematuhi kriteria independensi sebagaima-      of the Audit Committee have complied with the independence
na diatur dalam POJK No. 55/POJK.04/2015 tentang Pembentu-        criteria listed in OJK Regulation No. 55/POJK.04/2015 concerning
kan dan Pedoman Pelaksanaan Kerja Komite Audit, serta telah       the formation and guidelines for the Work Implementation of the
manandatangani dan menyerahkan surat pernyataan indepen-          Audit Committee and have signed and submitted a statement of
densi kepada Perseroan.                                           independence to the Company.


Selama menjalankan tugas, fungsi, dan tanggung jawabnya,          In carrying out its duties, functions, and responsibilities, the Audit
Komite Audit diwajibkan untuk mempertahankan indepen-             Committee is required to maintain its independence as an inte-
densinya sebagai aspek integral dari kewajiban moral Komite       gral aspect of the Committee’s moral obligations. All members of
Audit. Seluruh anggota Komite Audit Intiland tidak memiliki       the Audit Committee are not affiliated with the Directors, Board
afliasi dengan Direksi, Dewan Komisaris, maupun Pemegang Sa-      of Commissioners, or Controlling Shareholders of the Company,
ham Pengendali Perseroan, serta bukan merupakan Pemegang          and are not shareholders of the Company.
Saham Perseroan.



PELATIHAN DAN/ATAU PENINGKATAN KOMPETENSI                         TRAINING AND/OR COMPETENCY ENHANCEMENT
KOMITE AUDIT                                                      FOR THE AUDIT COMMITTEE
Pelatihan dan pengembangan kompetensi Komite Audit Peru-          Training and the development of the Company’s Audit Commit-
sahaan dijalankan dengan cara mengikuti program pengemba-         tee’s competencies is carried out by participating in development
ngan yang diselenggarakan Perseroan maupun berbagai acara         programs organized by the Company, as well as various events
dan kegiatan pelatihan, seminar, workshop, dan konferensi yang    and activities such as training, seminars, workshops, and confe-
relevan dengan tugas Komite Audit. Rincian kegiatan-kegiatan      rences that are relevant to the Audit Committee’s duties. Details
tersebut tercantum pada bab Profil Perusahaan dalam Laporan       of these activities are listed in the Company Profile section of this
Tahunan ini.                                                      Annual Report.



PIAGAM KOMITE AUDIT                                               AUDIT COMMITTEE’S CHARTER
Piagam Komite Audit merupakan pedoman bagi Komite Audit           The Audit Committee Charter serves as a guideline for the Au-
dalam melaksanakan tugas dan tanggung jawabnya, Piagam ini        dit Committee in carrying out its duties and responsibilities. This
secara garis besar sudah menjabarkan visi, misi, tujuan, pem-     Charter broadly outlines the vision, mission, objectives, forma-
bentukan, persyaratan, struktur, tugas, tanggung jawab dan        tion, requirements, structure, duties, responsibilities, and author-
wewenang, kode etik, pelaporan Komite Audit, masa tugas, dan      ity, code of ethics, reporting of the Audit Committee, term of of-
hubungan kerja.                                                   fice, and working relationships.


Piagam Komite Audit dapat diakses di situs web Intiland (www.     The Audit Committee Charter can be accessed on the Company’s
intiland.com)                                                     website (www.intiland.com).



TUGAS, TANGGUNG JAWAB, DAN WEWENANG                               DUTIES, RESPONSIBILITIES, AND AUTHORITY

Tugas dan Tanggung Jawab:                                         Duties and Responsibilities:
1.   Melakukan penelaahan atas informasi keuangan yang akan       1.   Ensuring the financial information to be issued by PT Inti-
     dikeluarkan PT Intiland Development Tbk kepada publik             land Development Tbk to the Public and/or other authori-
     dan/atau pihak otoritas lain, termasuk laporan keuangan,          ties, including the financial statements, projections and
     proyeksi dan laporan lainnya yang terkait dengan informasi        other reports relevant to the financial information of PT In-
     keuangan PT Intiland Development Tbk.                             tiland Development Tbk.
2.   Melakukan penelaahan atas ketaatan terhadap peraturan        2.   Ensuring the activities of PT Intiland Development Tbk the
     perundang-undangan yang berhubungan dengan kegiatan               comply with the laws and regulations.
     PT Intiland Development Tbk.                                 3.   Providing independent opinion in the event of dissenting
3.   Memberikan pendapat independen dalam hal terjadi per-             opinion between the management and accountant on the
     bedaan pendapat antara manajemen dan Akuntan atas                 provided services.
     jasa yang diberikan.                                         4.   Providing recommendations to the Board of Commissioners
4.   Memberikan rekomendasi kepada Dewan Komisaris me-                 on the appointment of Public Accountants by considering
     ngenai penunjukan Akuntan Publik yang didasarkan pada             factors of independency, scope of assignment and compen-
     independensi, ruang lingkup penugasan dan imbalan jasa.           sation.




                                                                                                                                           243
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      Tata Kelola Perusahaan yang Baik                                                                          Laporan Tahunan | Annual Report 2024


      5.   Melakukan penelaahan atas pelaksanaan pemeriksaan oleh          5.   Ensuring the audit activity performed by the internal audi-
           auditor internal dan mengawasi pelaksanaan tindak lanjut             tors and overseeing the follow-up activities by the Directors
           oleh Direksi atas temuan auditor internal.                           on internal auditor’s findings.
      6.   Melakukan penelaahan terhadap aktivitas pelaksanaan             6.   Overseeing the risk management activities conducted by
           manajemen risiko yang dilakukan oleh Direksi, apabila PT             the Directors if PT Intiland Development Tbk has no risk
           Intiland Development Tbk tidak memiliki fungsi pemantau              monitoring function under the Board of Commissioners.
           risiko di bawah Dewan Komisaris.
      7.   Menelaah pengaduan yang berkaitan dengan proses akun-           7.   Studying the grievances related to the financial accounting
           tansi dan pelaporan keuangan PT Intiland Development Tbk.            and reporting processes of PT Intiland Development Tbk.
      8.   Menelaah dan memberikan saran kepada Dewan Komisaris            8.   Studying and providing advice to the Board of Commission-
           terkait dengan adanya potensi benturan kepentingan PT In-            ers regarding any potential conflict of interest within PT In-
           tiland Development Tbk.                                              tiland Development Tbk.
      9.   Menjaga kerahasiaan dokumen, data dan informasi PT Inti-        9.   Ensuring the confidentiality of documents, data and infor-
           land Development Tbk.                                                mation of PT Intiland Development Tbk.


      Wewenang:                                                            Authorities:
      1.   Mengakses dokumen, data, dan informasi PT Intiland Deve-        1.   Access to required documents, data and information of PT
           lopment Tbk tentang karyawan, dana, aset dan sumber                  Intiland Development Tbk on its employees, funds, assets
           daya perusahaan yang diperlukan.                                     and resources.
      2.   Berkomunikasi langsung dengan karyawan, termasuk Di-            2.   Access to direct communication with employees, including
           reksi dan pihak yang menjalankan fungsi audit internal,              the Board of Directors and parties responsible for conduct-
           manajemen risiko, dan Akuntan terkait tugas dan tanggung             ing the internal audit and risk management functions, as
           jawab Komite Audit.                                                  well as Accountants in relation to the duties and responsi-
      3.   Melibatkan pihak independen di luar anggota Komite Audit             bilities of Audit Committee.
           yang diperlukan untuk membantu pelaksanaan tugasnya             3.   Inviting independent parties outside of the Audit Commit-
           ( jika diperlukan).                                                  tee to assist their performing their duty (if necessary).
      4.   Melakukan kewenangan lain yang diberikan oleh Dewan             4.   Executing other authority as assigned by the Board of Com-
           Komisaris.                                                           missioners.



      FREKUENSI DAN TINGKAT KEHADIRAN RAPAT                                FREQUENCY AND ATTENDANCE LEVEL
      Merujuk Peraturan OJK No. 55/POJK.04/2015 serta Piagam               Referring to OJK Regulation No. 55/POJK.04/2015 and the Com-
      Komite Audit Perseroan, mengatur bahwa Rapat Komite Audit            pany’s Audit Committee Charter, it is stipulated that the Audit
      diselenggarakan minimal 1 (satu) kali setiap kuartal.                Committee meetings are held at least once every quarter.


      Komite Audit menjadwalkan rapat untuk membahas hasil au-             The Audit Committee schedules a meeting every month to dis-
      dit dari Audit Internal Perseroan setiap bulan. Seluruh tata cara    cuss the results of the audit from the Company’s Internal Audit.
      penyelenggaraan rapat telah diatur secara rinci dalam Piagam         All procedures for holding meetings have been regulated in de-
      Komite Audit Perseroan termasuk mengenai hasil rapat yang wa-        tail in the Company’s Audit Committee Charter, including the re-
      jib dituangkan ke dalam risalah rapat yang ditandatangi seluruh      quirement that meeting results must be documented in meeting
      anggota Komite Audit dan disampaikan kepada Dewan Komisa-            minutes, which are signed by all members of the Audit Commit-
      ris.                                                                 tee and submitted to the Board of Commissioners.


      Pada tahun 2024, Komite Audit mengadakan rapat sebanyak 12           In 2024, the Audit Committee held 12 meetings with 100% at-
      kali dengan tingkat kehadiran 100 persen dari seluruh anggo-         tendance rate.
      tanya.



      Nama                                                 Jumlah Rapat                        Jumlah Kehadiran             Persentase
      Name                                                 Total Meeting                       Total Attendance             Percentage


      Friso Palilingan                                     12                                  12                           100%
      Fransiscus Alip                                      12                                  12                           100%
      Atik Susanto                                         12                                  12                           100%




      AGENDA RAPAT                                                         MEETING AGENDA
      Hingga 31 Desember 2024, Komite Audit telah menyelenggara-           Until December 31, 2024, the Audit Committee has held
      kan rapat dengan jadwal dan rincian agenda berikut:                  meetings with the following agenda details:




244
Page 245
PT Intiland Development Tbk                                                                         Good Corporate Governance



Tanggal                Agenda Rapat                                         Meeting Agenda
/ Date


30 Januari 2024        1.     Laporan Kegiatan Audit Internal Perseroan     1.   Reporting of Internal Audit Activity of the
January 30, 2024              bulan Desember 2023.                               Company for December 2023.
                       2.     Pengesahan risalah rapat sebelumnya.          2.   Ratification of the minutes of the previous
                                                                                 Meeting.

27 Februari 2024       1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
February 27, 2024             bulan Januari 2024.                                for the month of January 2024.
                       2.     Pengesahan risalah rapat sebelumnya.          2.   Ratification of the minutes of the previous
                                                                                 meeting.

26 Maret 2024          1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
March 26, 2024                bulan Februari 2024.                               for the month of February 2024.
                       2.     Pembahasan hasil temuan audit terkait SDM     2.   Discussion of audit findings related to Human
                                                                                 Resources (HR).
                       3.     Pengesahan risalah rapat sebelumnya.          3.   Ratification of the minutes of the previous
                                                                                 meeting.

23 April 2024          1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
April 23, 2024                bulan Maret 2024.                                  for the month of March 2024.
                       2.     Penelaahan Laporan Keuangan Triwulan I 2024   2.   Review of Financial Statements for the First
                                                                                 Quarter of 2024
                       3.     Pengesahan risalah rapat sebelumnya.          3.   Ratification of the minutes of the previous
                                                                                 meeting.

21 Mei 2024            1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
May 21, 2024                  bulan April 2024.                                  for the month of April 2024.
                       2.     Evaluasi Pemberian Jasa AP dan KAP.           2.   Evaluation of AP and KAP Services.
                       3.     Pengesahan risalah rapat sebelumnya.          3.   Ratification of the minutes of the previous
                                                                                 meeting.

25 Juni 2024           1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
June 25, 2024                 bulan Mei 2024.                                    for the month of May 2024.
                       2.     Diskusi dan pembahasan lanjutan terkait SDM   2.   Further discussion and analysis related to Hu-
                                                                                 man Resources (HR).
                       3.     Pengesahan risalah rapat sebelumnya.          3.   Ratification of the minutes of the previous
                                                                                 meeting.

23 Juli 2024           1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
July 23, 2024                 bulan Juni 2024.                                   for the month of June 2024.
                       2.     Penelaahan Laporan Keuangan Triwulan II       2.   Review of Financial Statements for the Second
                              2024                                               Quarter of 2024.
                       3.     Pengesahan risalah rapat sebelumnya.          3.   Ratification of the minutes of the previous
                                                                                 meeting.

27 Agustus 2024        1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
August 27, 2024               bulan Juli 2024.                                   for the month of July 2024.
                       2.     Pengesahan risalah rapat sebelumnya.          2.   Ratification of the minutes of the previous
                                                                                 meeting.

24 September 2024      1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
September 24, 2024            bulan Agustus 2024.                                for the month of August 2024.
                       2.     Persiapan Rekomendasi Penunjukan AP dan       2.   Preparation of Recommendation for AP and
                              KAP                                                KAP Appointment.
                       3.     Rencana Kerja serta Anggaran Komite Audit     3.   Audit Committee Work Plan and Budget 2025.
                              2025
                       4.     Pengesahan risalah rapat sebelumnya.          4.   Ratification of the minutes of the previous
                                                                                 meeting.

29 Oktober 2024        1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
October 29, 2024              bulan September 2024.                              for the month of September 2024.
                       2.     Pembahasan lanjutan terkait SDM               2.   Further discussion on Human Resources.
                       3.     Pengesahan risalah rapat sebelumnya.          3.   Ratification of the minutes of the previous
                                                                                 meeting.

26 November 2024       1.     Laporan Kegiatan Audit Internal Perseroan     1.   The Company’s Internal Audit Activity Report
November 26, 2024             bulan Oktober 2024.                                for the month of October 2024.




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      Tanggal                 Agenda Rapat                                            Meeting Agenda
      / Date


                              2.   Evaluasi dan Pembahasan Rencana Kerja Audit        2.   Evaluation and Discussion of Internal Audit
                                   Internal Tahun 2025                                     Work Plan Year 2025.
                              3.   Pengesahan risalah rapat sebelumnya.               3.   Ratification of the minutes of the previous
                                                                                           meeting.

      17 Desember 2024        1.   Laporan Kegiatan Audit Internal Perseroan          1.   The Company’s Internal Audit Activity Report
      December 17, 2024            bulan November 2024.                                    for the month of November 2024.
                              2.   Evaluasi Program Kerja Komite Audit 2024           2.   Evaluation of Audit Committee Work Program
                                                                                           2024.
                              3.   Pengesahan risalah rapat sebelumnya.               3.   Ratification of the minutes of the previous
                                                                                           meeting.



      PELAKSANAAN TUGAS KOMITE AUDIT TAHUN 2024                           IMPLEMENTATION OF AUDIT COMMITTEE DUTIES IN
                                                                          2024
      Komite Audit di tahun 2024 menyelenggarakan rapat-rapat             During 2024, the Audit Committee held meetings with the Board
      dengan Dewan Komisaris, Direksi, Internal Audit, maupun de-         of Commissioners, the Directors, Internal Audit, and relevant di-
      ngan divisi terkait. Pada penyelenggaraan rapat-rapat tersebut      visions. During these meetings, the Audit Committee reviewed
      antara lain menelaah laporan keuangan Perusahaan, membahas          the Company’s financial reports, discussed measures to improve
      langkah-langkah peningkatan pengawasan dan pengendalian             oversight and internal controls, evaluated risk management, and
      internal, mengevaluasi manajemen risiko, dan menilai aspek ke-      assessed compliance with corporate governance principles.
      taatan terhadap prinsip tata Kelola Perusahaan.


      Berikut pelaksanaan tugas dan tanggung jawab Komite Audit           The following are the duties and responsibilities of the Audit
      pada tahun 2024:                                                    Committee in 2024:
      1. Melakukan penelaahan atas informasi keuangan yang akan           1. Ensured the financial information to be issued by PT Inti-
           dikeluarkan PT Intiland Development Tbk kepada Publik               land Development Tbk to the Public and/or other authori-
           dan/atau pihak otoritas lain, termasuk laporan keuangan,            ties, including the financial statements, projections and
           proyeksi dan laporan lainnya yang terkait dengan informasi          other reports relevant to the financial information of PT
           keuangan PT Intiland Development Tbk.                               Intiland Development Tbk.
      2. Melaksanakan rapat bersama dengan audit internal dan             2. Conducted joint meetings with internal audit and conduct-
           melakukan penelaahan atas temuan-temuan yang ada                    ed a review of existing findings and identified steps that
           serta mengidentifikasi langkah-langkah yang harus diambil           were taken in order to follow up on all findings at the head
           dalam rangka menindaklanjuti segala temuan yang ada di              office as well as in each of the Company’s projects and busi-
           kantor pusat maupun di masing-masing proyek maupun                  ness units, including the internal control system and risk
           bisnis unit Perseroan, termasuk sistem kontrol internal dan         management.
           manajemen risikonya.
      3. Memberikan laporan dan rekomendasi kepada Dewan                  3.   Provided reports and recommendations to the Board of
           Komisaris mengenai hal-hal yang dinilai perlu untuk dilaku-         Commissioners on matters deemed to be important as
           kan sebagai langkah antisipasi maupun penanggulangan                steps to anticipate and mitigate risks.
           risiko yang sudah muncul.
      4. Menelaah penerapan pengendalian internal serta kinerja           4.   Reviewed the implementation of internal control and the
           dan prosedur dari auditor internal.                                 performance and procedures of the internal auditors.
      5. Melakukan komunikasi dengan Kantor Akuntan Publik yang           5.   Communicated with the Public Accounting Firm appointed
           ditunjuk oleh Perseroan, dalam hal ini KAP Mirawati Sensi           by the Company, namely KAP Mirawati Sensi Idris, regularly
           Idris secara teratur guna mendiskusikan rencana dan pro-            to discuss plans and progress of periodic audits conducted
           gres audit secara berkala yang dilakukan terkait dengan             related to the results of the Company’s Consolidated Finan-
           hasil laporan Keuangan Konsolidasian Perseroan.                     cial reports.
      6. Melaksanakan evaluasi atas pemberian jasa Kantor Akun-           6.   Evaluated the delivery of Public Accounting Firm services on
           tan Publik atas audit laporan keuangan konsolidasian Per-           the audit of the Company’s and its subsidiaries consolida-
           seroan dan entitas anak tahun berjalan dan memberikan               ted financial statements for the current year and provided
           rekomendasi penunjukkan Kantor Akuntan Publik untuk                 recommendations for the appointment of a Public Account-
           melaksanakan audit laporan keuangan konsolidasian Perse-            ing Firm to carry out an audit of the Company’s and its sub-
           roan dan entitas anak tahun berikutnya.                             sidiaries consolidated financial statements for the follow-
                                                                               ing year.
      7.   Memberikan masukan dan update mengenai standar akun-           7.   Provided input and updates on accounting standards, taxes
           tansi, pajak, dan peraturan yang berkaitan dengan Perse-            and regulations related to the Company during the current
           roan selama tahun berjalan.                                         year.



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PT Intiland Development Tbk                                                                           Good Corporate Governance


8.   Melaksanakan rapat dengan sejumlah divisi Perseroan          8.   Conducted meetings with a number of divisions in order
     dalam rangka menindaklanjuti atas temuan-temuan dari              to follow-up on findings from internal audits and identify
     Audit Internal serta mengidentifikasi langkah-langkah per-        corrective steps taken to improve the quality of internal
     baikan yang ditempuh dalam rangka meningkatkan mutu               control.
     kontrol internal.


KOMITE NOMINASI DAN REMUNERASI                                    NOMINATION AND REMUNERATION COMMITTEE
Komite Nominasi dan Remunerasi Perusahaan dibentuk dan ber-       The Nomination and Remuneration Committee is formed and
tugas untuk membantu Dewan Komisaris dalam melaksanakan           tasked with assisting the Board of Commissioner in carrying out
tugas dan fungsinya yang berkaitan dengan nominasi dan remu-      its functions and duties related to the nomination and remune-
nerasi anggota Direksi dan Dewan Komisaris, termasuk rencana      ration of the members of the Directors and the Board of Commis-
suksesi. Komite ini didirikan pada 2 Maret 2015 berdasarkan       sioners, as well as succession planning. PT Intiland Development
Surat Keputusan Dewan Komisaris PT Intiland Development Tbk       Tbk officially established the Nomination and Remuneration
Nomor 001-SK/BOC/Intiland/CS/III/2015 tentang Pembentukan         Committee on March 2, 2015, pursuant to the Board of Commis-
Komite Nominasi dan Remunerasi.                                   sioner Decision Letter No.001-SK/BOC/Intiland/CS/III/2015 on
                                                                  the Establishment of Nomination and Remuneration Committee.


Komite Nominasi dan Remunerasi bertanggung jawab langsung         The Nomination and Remuneration Committee is directly re-
kepada Dewan Komisaris dan juga memiliki tugas untuk mem-         sponsible to the Board of Commissioners and is tasked with
berikan rekomendasi terkait ketenagakerjaan dan remunerasi        providing recommendations related to employment and remu-
yang berpedoman pada prinsip-prinsip GCG serta mengutama-         neration, based on the principles of GCG, while prioritizing the
kan tujuan terpenting Perseroan.                                  Company’s most important objectives.


FUNGSI NOMINASI                                                   NOMINATION FUNCTION
Tugas dan fungsi Komite Nominasi dan Remunerasi di bidang         The duties and functions of the Nomination and Remuneration
nominasi antara lain sebagai berikut:                             Committee in the nomination area are as follows:
1. Memberikan rekomendasi kepada Dewan Komisaris me-              1. To provide recommendations to the Board of Commission-
    ngenai:                                                            ers on matters related to:
     •    Komposisi jabatan anggota Direksi dan/atau anggota           •     The composition of the members of the Directors and/
          Dewan Komisaris;                                                   or the Board of Commissioners;
     •    Kebijakan dan kriteria yang dibutuhkan dalam proses          •     The policy and criteria required for the nomination
          nominasi;                                                          process;
     •    Kebijakan evaluasi kinerja bagi anggota Direksi dan/         •     The policy of performance assessment of members of
          atau anggota Dewan Komisaris;                                      the Directors and/or the Board of Commissioners;
2. Membantu Dewan Komisaris melakukan penilaian ter-              2. Assist the Board of Commissioners in assessing the perfor-
    hadap kinerja anggota Direksi dan/atau anggota Dewan               mance of the members of the Directors and/or the Board of
    Komisaris berdasarkan ketentuan dan tolak ukur yang disu-          Commissioners based on the benchmarks set as the materi-
    sun sebagai bahan evaluasi;                                        als for assessment;
3. Memberikan rekomendasi kepada Dewan Komisaris me-              3. To provide recommendation to the Board of Commissioners
    ngenai program pengembangan kemampuan anggota Di-                  on the capacity building program for the members of the
    reksi dan/atau anggota Dewan Komisaris; dan                        Directors and/or the Board of Commissioners; and
4. Memberikan usulan calon yang memenuhi syarat sebagai           4. Recommend candidates who meet the requirements to be
    anggota Direksi dan/atau anggota Dewan Komisaris kepada            the members of the Directors and/or the Board of Com-
    Dewan Komisaris untuk disampaikan kepada Rapat Umum                missioners to the Board of Commissioners to be then sub-
    Pemegang Saham (RUPS).                                             mitted to the General Meeting of Shareholders (GMS).


FUNGSI REMUNERASI                                                 REMUNERATION FUNCTION
Tugas dan fungsi Komite Nominasi dan Remunerasi di bidang re-     The duties and functions of the Nomination and Remuneration
munerasi antara lain sebagai berikut:                             Committee in the remuneration area are as follows:
1. Memberikan rekomendasi kepada Dewan Komisaris men-             1. To provide recommendations to the Board of Commission-
    genai:                                                             ers on matters pertaining to:
     •    Struktur remunerasi;                                         •     The remuneration structure;
     •    Kebijakan atas remunerasi; dan                               •     Policies on the remuneration; and
     •    Besaran atas remunerasi.                                     •     Remuneration scale.
2. Membantu Dewan Komisaris dalam melakukan penila-               2. To assist the Board of Commissioners to conduct perfor-
    ian kinerja dengan kesesuaian remunerasi yang diterima             mance assessments against the amount of remuneration
    masing-masing anggota Direksi dan/atau anggota Dewan               for each member of the Directors and/or the Board of Com-
     Komisaris.                                                        missioners.




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      STRUKTUR DAN KOMPOSISI KOMITE NOMINASI DAN                         THE STRUCTURE AND COMPOSITION OF THE NOMI-
      REMUNERASI                                                         NATION AND REMUNERATION COMMITTEE
      Komite Nominasi dan Remunerasi paling sedikit memiliki tiga        The Nomination and Remuneration Committee consists of at
      anggota, disertai dengan persyaratan dan kualifikasi tertentu.     least 3 (three) members, with certain requirements and quali-
      Sampai dengan 31 Desember 2024, Komite Nominasi dan Re-            fications. As of December 31, 2024, the Company’s Nomination
      munerasi Perseroan beranggotakan sebanyak 3 orang yang salah       and Remuneration Committee consists of 3 members, one of
      satunya sebagai ketua yang sekaligus menjabat sebagai Komisa-      whom serves as the chairperson and also holds the position of
      ris Independen. Susunan Komite Nominasi dan Remunerasi Per-        Independent Commissioner. The composition of the Company’s
      seroan sebagai berikut:                                            Nomination and Remuneration Committee is as follows:



      Nama                       Jabatan                   Masa Jabatan           Dasar Hukum Pengangkatan
      Name                       Position                  Terms of Service       Legal Basis of Appointment


      Thio Gwan Po Micky         Ketua | Chairman          2020 – 2025            Surat Keputusan Dewan Komisaris No. 001-SK/BOC/
                                                                                  Intiland/CS/VII/2020, tertanggal 28 Juli 2020.
                                                                                  Decree of the Board of Commissioners No. 001-SK/
                                                                                  BOC/Intiland/CS/VII/2020 dated July 28, 2020.


      Sinarto Dharmawan          Anggota |Member           2020 – 2025            Surat Keputusan Dewan Komisaris No. 001-SK/BOC/
                                                                                  Intiland/CS/VII/2020, tertanggal 28 Juli 2020.
                                                                                  Decree of the Board of Commissioners No. 001-SK/
                                                                                  BOC/Intiland/CS/VII/2020 dated July 28, 2020.


      Jahja Asikin               Anggota |Member           2020 – 2025            Surat Keputusan Dewan Komisaris No. 001-SK/BOC/
                                                                                  Intiland/CS/VII/2020, tertanggal 28 Juli 2020.
                                                                                  Decree of the Board of Commissioners No. 001-SK/
                                                                                  BOC/Intiland/CS/VII/2020 dated July 28, 2020.



      PROFIL KOMITE NOMINASI DAN REMUNERASI                              THE NOMINATION AND REMUNERATION COMMIT-
                                                                         TEE PROFILE
      Keanggotaan Komite Nominasi dan Remunerasi meliputi satu           The membership of the Nomination and Remuneration Commit-
      orang Komisaris Independen sebagai ketua dan 2 orang anggota.      tee consists of one Independent Commissioner as chairman and
      Ketua Komite Nominasi dan Remunerasi merupakan Komisaris           2 members. The chairman of the Nomination and Remuneration
      Independen Intiland, sedangkan anggotanya merupakan ang-           Committee is an Independent Commissioner of Intiland, while
      gota Dewan Komisaris lainnya yang tidak merangkap sebagai          its members are other members of the Board of Commissioners
      anggota komite lainnya yang ada pada Perusahaan.                   who do not serve as members of other committees in the Com-
                                                                         pany.


      Di tahun 2024 tidak ada perubahan komposisi keanggotaan            In 2024 there was no change in the composition of the Nomina-
      Komite Nominasi dan Remunerasi. Berikut adalah profil dari         tion and Remuneration Committee membership. The following
      masing-masing anggota Komite Nominasi dan Remunerasi:              is the profile of each member of the Nomination and Remunera-
                                                                         tion Committee:




248
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PT Intiland Development Tbk                                                                                Good Corporate Governance




                                                                      Thio Gwan Po Micky
                                                                      Ketua Komite Nominasi dan Remunerasi
                                                                      Chairman of Nomination and Remuneration Committee

                                                                      67 tahun, Warga Negara Indonesia
                                                                      67 years old, Indonesian Citizen

                                                                      Domisili | Domicile
                                                                      Jakarta, Indonesia




Riwayat Pendidikan            •    1979 Mendapatkan gelar Master of Business         •    1979 Master of Business Administration Ca-
| Educational Background           Administration dari California State University        lifornia State University Fullerton USA
                                   Fullerton, Amerika Serikat                        •    1976 Bachelor’s degree in business admi-
                              •    1976 Sarjana administrasi bisnis dari State            nistration State University Fullerton of Arts
                                   University Fullerton of Arts, Amerika Serikat          USA


Pengalaman Kerja              •    1986 – 1989 Komisaris PT Nila Kandi               •    1986 – 1989 Commissioner PT Nila Kandi
| Professional Experience     •    1983 – 1986 Direktur PT Asuransi Kerugian         •    1983 – 1986 Director PT Asuransi Kerugian
                                   Bina Dharma Arta                                       Bina Dharma Arta


Dasar Hukum                   Diangkat sebagai Ketua Komite Nominasi dan             Appointed as Chairman of the Nomination and
| Basis of Appointment        Remunerasi berdasarkan Surat Keputusan De-             Remuneration Committee based on the Decree of
                              wan Komisaris No. 001-SK/BOC/Intiland/CS/              the Board of Commissioners No. 001-SK/BOC/In-
                              VII/2020 Tentang Penggantian Komite Nominasi           tiland/CS/VII/2020 on the Replacement of Nomi-
                              dan Remunerasi.                                        nation and Remuneration Committee.


Periode Jabatan               Periode ke-3                                           First Period
| Term of Office


Masa Jabatan                  2020– 2025                                             2020 – 2025
| Tenure


Rangkap Jabatan               •    2010 – sekarang Komisaris Independen PT In-       •    2010 - present Independent Commissioner
| Concurrent Position              tiland Development Tbk                                 PT Intiland Development Tbk
                              •    2010 – sekarang Komisaris Utama PT Bayu           •    2010 – present President Commissioner PT
                                   Buana Tbk                                              Bayu Buana Tbk
                              •    1996 – sekarang Direktur Utama PT Nexus           •    1996 – present President Director PT Nexus
                                   Utama                                                  Utama
                              •    1996 – sekarang Komisaris PT Satria Saka          •    1996 – present Commissioner PT Satria Saka
                                   Pratama                                                Pratama


Hubungan Afiliasi             Tidak ada hubungan afiliasi                            No Affiliate relationship
| Affiliate Relationship




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                                                                           Sinarto Dharmawan
                                                                           Anggota Komite Nominasi dan Remunerasi
                                                                           Member of Nomination and Remuneration Committee

                                                                           70 tahun, Warga Negara Indonesia
                                                                           70 years old, Indonesian Citizen

                                                                           Domisili | Domicile
                                                                           Surabaya, Jawa Timur / Surabaya, East Java




      Riwayat Pendidikan          •      1988 Master of Business Administration dari      •    1988 Master of Business Administration
      | Educational Background           IPMI Jakarta                                          from IPMI, Jakarta
                                  •      1980 Sarjana Teknik Sipil dari Universitas Pa-   •    1980 a Bachelor’s degree in civil engineering
                                         rahyangan, Bandung                                    from Parahyangan University, Bandung



      Pengalaman Kerja            •      2007 – 2020, Wakil Direktur Utama PT Intiland    •    2007 – 2020 Vice President Director PT Inti-
      | Professional Experience          Development Tbk                                       land Development Tbk
                                  •      2004 – 2020, Direktur Utama PT Intiland          •    2004 – 2020 President Director PT Intiland
                                         Grande                                                Grande
                                  •      2003 – 2007, Wakil Direktur Utama PT Dhar-       •    2003 – 2007 Vice President Director PT Dhar-
                                         mala Intiland Tbk                                     mala Intiland Tbk
                                  •      1998 – 2004, Direktur PT Intiland Grande         •    1998 – 2004 Director PT Intiland Grande
                                  •      1993 – 1998, General Manager PT Dharmala         •    1993 – 1998 General Manager PT Dharmala
                                         Land                                                  Land
                                  •      1989 – 1992 Planning Manager PT Dharmala         •    1989 – 1992 Planning Manager PT Dhar-
                                         Land                                                  mala Land
                                  •      1987 – 1988 Sales dan Marketing Manager PT       •    1987 – 1988 Sales and Marketing Manager
                                         Dharmala Land                                         PT Dharmala Land
                                  •      1984 – 1986 Sales Supervisor PT Dharmala         •    1984 – 1986 Sales Supervisor PT Dharmala
                                         Land                                                  Land
                                  •      1982 – 1983 Site Engineer PT Dharmala Land       •    1982 – 1983 Site Engineer PT Dharmala Land
                                  •      1981 – 1982 Manager Perencanaan PT Way           •    1981 – 1982 Planning Manager PT Way
                                         Halim Permai                                          Halim Permai


      Dasar Hukum                 Diangkat sebagai Anggota Komite Nominasi                Appointed as Chairman of the Nomination and
      | Basis of Appointment      dan Remunerasi berdasarkan Surat Keputusan              Remuneration Committee based on the Decree of
                                  Dewan Komisaris No. 001-SK/BOC/Intiland/CS/             the Board of Commissioners No. 001-SK/BOC/In-
                                  VII/2020 Tentang Penggantian Komite Nominasi            tiland/CS/VII/2020 on the Replacement of Nomi-
                                  dan Remunerasi.                                         nation and Remuneration Committee.

      Periode Jabatan             Periode ke-1                                            First Period
      | Term of Office


      Masa Jabatan                2020 – 2025                                             2020 - 2025
      | Tenure


      Rangkap Jabatan             •      2020 – sekarang, Komisaris Utama PT Intiland     •    2020 – present President Commissioners PT
      | Concurrent Position              Development Tbk                                       Intiland Development Tbk




250
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                              •    Menjabat sebagai Komisaris di beberapa enti-   •      He currently holds the positions of Com-
                                   tas anak perusahaan Intiland                          missioners at several subsidiaries entity of
                                                                                         Intiland

Hubungan Afiliasi             Tidak ada hubungan afiliasi                         No Affiliate relationship
| Affiliate Relationship




                                                                   Jahja Asikin
                                                                   Anggota Komite Nominasi dan Remunerasi
                                                                   Member of Nomination and Remuneration Committee

                                                                   72 tahun, Warga Negara Indonesia
                                                                   72 years old, Indonesian Citizen

                                                                   Domisili | Domicile
                                                                   Jakarta, Indonesia




Riwayat Pendidikan            •    1994 MBA dari IBMJ Jakarta                     •      1994 MBA degree from IBMJ Jakarta
| Educational Background      •    1977 Sarjana ekonomi dari Fakultas Ekonomi     •      1977 Bachelor’s degree in economics from
                                   Universitas Indonesia                                 University of Indonesia


Pengalaman Kerja              •    1989 – 2007 Direktur Keuangan PT Dharmala      •      1989 – 2007 Finance Director PT Dharmala
| Professional Experience          Intiland Tbk                                          Intiland Tbk
                              •    1983 – 1989 Manager Keuangan Dharmala          •      1983 – 1989 Finance Manager Dharmala
                                   Group                                                 Group
                              •    1977 – 1983 Auditor Manager Hanadi Sudjen-     •      1977 – 1983 Auditor Manager Hanadi
                                   dro & Co                                              Sudjendro & Co
                              •    1976 – 1977 Internal Auditor PT Bank Central   •      1976 – 1977 Internal Auditor PT Bank Cen-
                                   Asia                                                  tral Asia


Dasar Hukum                   Diangkat sebagai Anggota Komite Nominasi            Appointed as Chairman of the Nomination and
| Basis of Appointment        dan Remunerasi berdasarkan Surat Keputusan          Remuneration Committee based on the Decree of
                              Dewan Komisaris No. 001-SK/BOC/Intiland/CS/         the Board of Commissioners No. 001-SK/BOC/In-
                              VII/2020 Tentang Penggantian Komite Nominasi        tiland/CS/VII/2020 on the Replacement of Nomi-
                              dan Remunerasi.                                     nation and Remuneration Committee.


Periode Jabatan               Periode ke-1                                        First Period
| Term of Office


Masa Jabatan                  2020– 2025                                          2020 – 2025
| Tenure


Rangkap Jabatan               •    2007 – sekarang Komisaris PT Intiland Deve-    •      2007 – present Commissioner PT Intiland
| Concurrent Position              lopment Tbk                                           Development Tbk
                              •    Menjabat sebagai Komisaris di beberapa enti-   •      Holds the position of Commissioners at se-
                                   tas anak Perusahaan Intiland                          veral subsidiaries’ entity of Intiland



Hubungan Afiliasi             Tidak ada hubungan afiliasi                         No Affiliate relationship
| Affiliate Relationship




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      INDEPENDENSI KOMITE NOMINASI DAN REMU-                             THE INDEPENDENCE OF THE NOMINATION AND RE-
      NERASI                                                             MUNERATION COMMITTEE
      Seluruh anggota Komite Nominasi dan Remunerasi Perseroan           All members of the Nomination and Remuneration Committee
      tidak memiliki hubungan atau afiliasi dengan Dewan Komisa-         do not have any commitment or affiliation with the Board of
      ris maupun Direksi. Anggota Komite Nominasi dan Remunerasi         Commissioners or the Directors. The Nomination and Remunera-
      selalu menjaga prinsip independensi dalam menjalankan tugas        tion Committee strives to uphold the independency principle in
      dan fungsinya.                                                     performing its roles and functions.



      PELATIHAN DAN PENINGKATAN KOMPETENSI                               TRAINING AND COMPETENCY ENHANCEMENT OF
      KOMITE NOMINASI DAN REMUNERASI                                     THE NOMINATION AND REMUNERATION COMMIT-
                                                                         TEE
      Anggota Komite Nominasi dan Remunerasi secara berkala              The members of the Nomination and Remuneration Committee
      mengikuti berbagai kegiatan seminar, workshop dan konferensi.      regularly participate in various seminars, workshops, and confe-
      Program ini bertujuan meningkatkan dan mengembangkan ka-           rences. This program aims to enhance and develop capabilities in
      pabilitas guna beradaptasi dengan perkembangan industri yang       order to adapt to the latest industry developments.
      terkini.


      Rincian program pengembangan yang diikuti Komite Nominasi          The details of the development programs attended by the Nomi-
      dan Remunasi sepanjang tahun 2024 disampaikan pada bagian          nation and Remuneration Committee throughout 2024 are pro-
      Profil Perusahaan di Laporan Tahunan ini.                          vided in the Company Profile section of this Annual Report.



      PIAGAM KOMITE NOMINASI DAN REMUNERASI                              THE NOMINATION AND REMUNERATION COMMIT-
                                                                         TEE’S CHARTER
      Piagam Komite Nominasi dan Remunerasi merupakan pedoman            The Charter of the Nomination and Remuneration Committee
      bagi anggota Komite Nominasi dan Remunerasi dalam melak-           serves as a guide for the members of the Nomination and Remu-
      sanakan tugas dan tanggung jawabnya. Piagam Komite Nomi-           neration Committee in carrying out their duties and responsibili-
      nasi dan Remunerasi secara garis besar menjabarkan visi, misi,     ties. The Charter broadly outlines the vision, mission, objectives,
      tujuan, pembentukan, persyaratan, struktur, tugas, tanggung        formation, requirements, structure, tasks, responsibilities and
      jawab dan kewewenangan, kode etik, pelaporan, masa tugas,          authority, code of ethics, reporting, term of office, and working
      dan hubungan kerja.                                                relationships.


      Piagam Komite Nominasi dan Remunerasi dapat diakses di situs       The Nomination and Remuneration Committee Charter can be
      web Intiland (www.intiland.com)                                    accessed on the Company’s website (www.intiland.com).



      FREKUENSI DAN TINGKAT KEHADIRAN RAPAT                              FREQUENCY AND ATTENDANCE LEVEL
      Pada tahun 2024, Komite Nominasi dan Remunerasi Perseroan          In 2024, the Nomination and Remuneration Committee held
      menyelenggarakan rapat sebanyak 5 (lima) kali dengan tingkat       5 (five) meetings with 100% attendance rate. Following its the
      kehadiran mencapai 100%. Berikut adalah rincian tingkat keha-      details of the meeting attendance rate of the Nomination and
      diran rapat anggota Komite Nominasi dan Remunerasi:                Remuneration Committee members:




      Nama                                               Jumlah Rapat                        Jumlah Kehadiran             Persentase
      Name                                               Total Meeting                       Total Attendance             Percentage


      Thio Gwan Po Micky                                 5                                   5                            100%
      Sinarto Dharmawan                                  5                                   5                            100%
      Jahja Asikin                                       5                                   5                            100%




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PELAKSANAAN KEGIATAN KOMITE NOMINASI DAN                          IMPLEMENTATION OF THE NOMINATION AND RE-
REMUNERASI TAHUN 2024                                             MUNERATION COMMITTEE DUTIES IN 2024
Sesuai dengan tugas, tanggung jawab, dan kewenangannya, di        Following its duties, responsibilities, and authorities, in 2024, the
tahun 2024 Komite Nominasi dan Remunerasi Perseroan telah         Nomination and Remuneration Committee of the Company car-
melaksanakan hal-hal sebagai berikut:                             ried out the following activities:
1. Menelaah dan memberikan rekomendasi atas kebijakan re-         1. Reviewed and provided recommendations on the 2024 re-
    munerasi tahun 2024 dan 2025 dengan mempertimbang-                  muneration policy by considering the economic conditions
    kan kondisi perekonomian dan stabilitas arus kas Perseroan.         and the stability of the Company’s cash flows.
2. Memformulasikan rencana kerja Komite Nominasi dan Re-          2. Formulated the Nomination and Remuneration Committee
    munerasi untuk tahun 2024 dan 2025.                                 work plan for 2024 and 2025.
3. Mengusulkan besaran remunerasi Dewan Komisaris untuk           3. Provided recommendations on the remuneration of the
    diajukan dalam RUPS dan memberikan usulan besaran re-               Board of Commissioners to be submitted at the GMS and
    munerasi Direksi kepada Dewan Komisaris.                            remuneration of the Directors to the Board of Commission-
                                                                        ers.
4.   Mengevaluasi sistem penilaian kinerja karyawan dengan        4. Evaluated the employee performance appraisal system by
     mempertimbangkan masukan dari Komite Audit perihal                 considering input from the Audit Committee regarding re-
     temuan berulang.                                                   curring findings.
5.   Mengusulkan kebijakan nominasi untuk disahkan oleh De-       5. Proposed nomination policy to be approved by the Board of
     wan Komisaris.                                                     Commissioners.




SEKRETARIS PERUSAHAAN
Corporate Secretary

Perseroan menunjuk Sekretaris Perusahaan sesuai dengan            The Company has appointed a Corporate Secretary in line with
ketentuan Peraturan Otoritas Jasa Keuangan (POJK) No. 35/         OJK Regulation No. 35/POJK.04/2014 and IDX Regulation No. I-E.
POJK.04/2014 dan Peraturan Bursa Efek Indonesia No. I-E. Pen-     The Corporate Secretary is appointed and dismissed based on
gangkatan dan pemberhentian Sekretaris Perusahaan dilakukan       the decision of the Directors and is prohibited from concurrently
berdasarkan keputusan Direksi, dengan ketentuan tidak diper-      holding any position in other Issuers or Public Companies. The
bolehkan merangkap jabatan di Emiten atau Perusahaan Publik       Corporate Secretary is responsible directly to the President Direc-
lainnya. Sekretaris Perusahaan bertanggung jawab langsung ke-     tor of the Company.
pada Direktur Utama Perseroan.


Perseroan memastikan pelaksanaan kepatuhan terkait dengan         The Company ensures the implementation of compliance related
penyelenggaraan Sekretaris Perusahaan, yang meliputi sebagai      to the implementation of the Corporate Secretary as described
berikut:                                                          below:
1. Memberikan laporan berkala kepada Dewan Komisaris dan          1. Providing periodic information to the Board of Commission-
     Direksi mengenai informasi yang relevan dan diperlukan            ers and the Directors regarding information related and re-
     oleh Perseroan.                                                   quired by the Company.
2. Memastikan penerapan Tata Kelola Perusahaan yang baik          2. Ensuring the implementation of the Company’s GCG.
     (GCG) Perseroan.
3. Memastikan Perseroan menjalankan keterbukaan sesuai            3.   Ensuring that the Company carries out transparency in ac-
     dengan prinsip Tata Kelola Perusahaan.                            cordance with GCG principles.
4. Bertindak sebagai perantara antara Perseroan dan Pemang-       4.   Acting as a liaison between the Company and Stakeholders
     ku Kepentingan dan regulator.                                     and regulators.



KUALIFIKASI SEKRETARIS PERUSAHAAN                                 QUALIFICATION OF CORPORATE SECRETARY
Sekretaris Perusahaan wajib memiliki kualifikasi pendidikan       The Corporate Secretary is required to have adequate academic
akademis yang memadai dan sesuai dengan ketentuan yang            educational qualifications in accordance with the provisions
ditetapkan dalam peraturan maupun standar Perusahaan. Sekre-      stipulated in the regulations and company standards. The Cor-
taris Perusahaan dijabat oleh seseorang yang memiliki pengeta-    porate Secretary is held by someone who has knowledge of the
huan tentang aktivitas Perusahaan secara menyeluruh, memiliki     Company’s activities as a whole, has good communication skills,
kemampuan komunikasi yang baik, memiliki kemampuan dan            has managerial skills and experience, good character and morals,
pengalaman manajerial, akhlak dan moral yang baik, memiliki       has high integrity and dedication, and must also have the will to
integritas dan dedikasi tinggi, dan juga harus memiliki kemauan   hone and develop his abilities and knowledge. in terms of aca-
untuk mengasah dan mengembangkan kemampuan serta pe-              demics and self-development.
ngetahuannya dari segi akademis maupun pengembangan diri.


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      Tata Kelola Perusahaan yang Baik                                                                         Laporan Tahunan | Annual Report 2024



      Profil Sekretaris Perusahaan
      Profile of Corporate Secretary




                                                                            Theresia Rustandi
                                                                            54 tahun, Warga Negara Indonesia
                                                                            54 years old, Indonesian Citizen

                                                                            Domisili | Domicile
                                                                            Jakarta, Indonesia




      Riwayat Pendidikan          •      Theresia meraih gelar Sarjana dari Universitas    •    Theresia Rustandi graduated from Univer-
      | Educational Background           Indonesia pada tahun 1996.                             sity of Indonesia with Bachelor’s degree in
                                                                                                1996.

      Dasar Hukum                 Surat Keputusan Direksi No. 018/DIL/                     The Board of Directors Decree No. 018/DIL/
      | Basis of Appointment      HSG/V/2000 tertanggal 10 Mei 2000 tentang                HSG/V/2000 dated May 10, 2000 on the Appoint-
                                  penunjukan Theresia V. Rustandi menjadi Sekre-           ment of Theresia V. Rustandi as Corporate Secre-
                                  taris Perusahaan                                         tary.


      Rangkap Jabatan             •      2024 – sekarang Direktur di PT Purisentosa        •    2024 – present, Director PT Purisentosa
      | Concurrent Position              Unggul                                                 Unggul
                                  •      2023 – sekarang Direktur Utama PT Inti Kolab-     •    2023 – present, President Director PT Inti
                                         orasi Nusantara                                        Kolaborasi Nusantara
                                  •      2023 - sekarang Komisaris di PT Adiwarna          •    2023 – present, Commissioners at PT Adi-
                                         Harapan Nusantara                                      warna Harapan Nusantara


      Pengalaman Kerja            •      Selama di Intiland menduduki beberapa posisi      •    While with Intiland, has held several mana-
      | Professional Experience          manajerial antara lain, Manajer Corporate Af-          gerial positions, including Corporate Af-
                                         fairs, Manajer Komunikasi Pemasaran, Mana-             fairs Manager, Marketing Communication
                                         jer PR Korporat, Kepala Unit Bisnis Pendidikan,        Manager, Corporate PR Manager, Head of
                                         kepala Divisi Komunikasi Perusahaan dan                Business Education Unit, Head of Corporate
                                         Hubungan Investor, dan Kepala Divisi Pen-              Communication and Investor Relations Divi-
                                         gelolaan Hubungan Pelanggan.                           sion, and Head of Customer Relations Divi-
                                                                                                sion.


      Aktivitas Organisasi        •      Kepala Badan Perlindungan Konsumen Real           •    Head of Consumer Protection Agency Real
      Organization Activities            Estate Indonesia (REI)                                 Estate Indonesia (REI)
                                  •      Sekretaris Badan Pengembangan Kawasan             •    Secretary of the Integrated Property Devel-
                                         Properti Terpadu, Kamar Dagang dan Indus-              opment, The Indonesian Chamber of Com-
                                         tri Indonesia (KADIN)                                  merce, and Industry (KADIN)
                                  •      Ketua Bidang Pengembangan Perumahan               •    Head of Residential and Hospitality Devel-
                                         dan Perhotelan Asosiasi Pengusaha Indone-              opment of the Indonesian Employers’ Asso-
                                         sia (APINDO) untuk Properti dan Kawasan                ciation (APINDO) for property and economic
                                         Ekonomi                                                zones.
                                  •      Sekretaris Forum Komunikasi Pengusaha             •    Secretary of the Investor Forum of Nusan-
                                         Ibu Kota Nusantara                                     tara Capital City




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PT Intiland Development Tbk                                                                              Good Corporate Governance


TUGAS DAN TANGGUNG JAWAB SEKRETARIS PERU-                          DUTIES & RESPONSIBILTIES OF CORPORATE SECRE-
SAHAAN                                                             TARY
Mengacu kepada Anggaran Dasar Perseroan, Peraturan OJK No.         According to the Company’s Articles of Association, POJK No. 35/
35/POJK.04/2014, serta Piagam Sekretaris Perusahaan, tugas         POJK.04/2014, and Corporate Secretary Charter, the duties and
dan tanggung jawab Sekretaris Perusahaan antara lain:              responsibilities of the Corporate Secretary include:


1.   Mengikuti perkembangan Pasar Modal khususnya pera-            1.   Monitor the development of the Capital Market notably the
     turan perundang-undangan yang berlaku di bidang Pasar              prevailing Laws and regulations in the Capital Market.
     Modal.                                                        2.   Provide inputs to the Directors and the Board of Commis-
2.   Memberikan masukan kepada Direksi dan Dewan Komisaris              sioners of an Issuer or a Public Company on matters related
     Emiten atau Perusahaan Publik untuk mematuhi ketentuan             to compliance with the prevailing laws and regulations in
     Peraturan Perundang-undangan di bidang Pasar Modal.                the Capital Market.
3.   Membantu Direksi dan Dewan Komisaris dalam pelaksa-           3.   Assist the Directors and the Board of Commissioners in
     naan Tata Kelola Perusahaan yang meliputi:                         matters related to the management of corporate gover-
                                                                        nance, including:
     •    Keterbukaan informasi kepada masyarakat, termasuk             •     Information disclosure to the public, including the
          ketersediaan informasi pada situs web Emiten atau                   availability of information on the Issuer’s or the Public
          Perusahaan Publik.                                                  Company’s website.
     •    Penyampaian laporan kepada Otoritas Jasa Keuangan             •     Submit reports to the Financial Services Authority
          tepat waktu.                                                        (OJK) in a timely manner.
     •    Penyelenggaraan dan dokumentasi Rapat Umum Pe-                •     Organize and document the Company’s General Meet-
          megang Saham.                                                       ings of Shareholders.
     •    Penyelenggaraan dan dokumentasi rapat Direksi dan/            •     Organize and document meetings of the Directors
          atau Dewan Komisaris.                                               and/or the Board of Commissioners.
     •    Pelaksanaan program orientasi Perusahaan bagi Di-             •     Organize the Company’s orientation program for the
          reksi dan/atau Dewan Komisaris.                                     Directors and/or the Board of Commissioners.
     •    Sebagai penghubung antara Emiten atau Perusahaan              •     Act as a liaison officer between the issuer or the pu-
          Publik dengan pemegang saham Emiten atau Perusa-                    blic company with the Issuer’s or the Public Company’s
          haan Publik, Otoritas Jasa Keuangan, dan Pemangku                   shareholders, with the Financial Services Authority,
          Kepentingan lainnya.                                                and with other stakeholders.



PIAGAM SEKRETARIS PERUSAHAAN                                       CORPORATE SECRETARY CHARTER
Intiland memiliki Piagam Sekretaris Perusahaan sebagai             Intiland has a Corporate Secretary Charter as a work guideline
pedoman pelaksanaan tugas dan tanggung jawab Sekretaris Pe-        in carrying out the duties and responsibilities of the Corporate
rusahaan. Piagam ini diperbarui secara berkala agar selaras de-    Secretary. This charter is always updated and adapted to the ap-
ngan peraturan yang berlaku.                                       plicable regulations.


Dalam merumuskan Piagam Sekretaris Perusahaan, Perseroan           The development of the Corporate Secretary Charter has been in
merujuk pada Peraturan OJK No. 35/POJK.04/2014 tentang             accordance with OJK Regulation No. 35/POJK.04/2014 on Corpo-
Sekretaris Perusahaan Emiten atau Perusahaan Publik dan            rate Secretary of Issuers or Public Companies and IDX Regulation
Peraturan BEI No. I-A tentang fungsi Sekretaris Perusahaan dan     No. I-A on the function of the Corporate Secretary and the stra-
tujuan strategis Perusahaan serta Kebijakan Tata Kelola Perusa-    tegic objectives of the Company as well as the Good Corporate
haan yang Baik.                                                    Governance Policy.


Piagam Sekretaris Perusahaan dapat diakses di situs web Intiland   The Corporate Secretary Charter can be accessed on the Com-
(www.intiland.com).                                                pany’s website (www.intiland.com).



PELATIHAN DAN PENINGKATAN KOMPETENSI SEK-                          TRAINING AND COMPETENCY DEVELOPMENT OF
RETARIS PERUSAHAAN                                                 CORPORATE SECRETARY
Pengembangan kompetensi Sekretaris Perusahaan dan anggota          Competency development of the Corporate Secretary and its
timnya dilakukan dengan mengikuti berbagai acara dan kegiatan      team is carried out by participating in various training events,
pelatihan, seminar, workshop, dan konferensi yang relevan de-      seminars, workshops, and conferences relevant to the duties of
ngan tugas Sekretaris Perusahaan.                                  the Corporate Secretary.


Daftar rincian kegiatan pelatihan dan peningkatan kompetensi       A detailed list of the training and competency enhancement ac-
bagi Sekretaris Perusahaan tahun 2024 tercantum pada bab Pro-      tivities for the Corporate Secretary in 2024 is shown in the Com-
fil Perusahaan dalam Laporan Tahunan ini.                          pany Profile section of this Annual Report.




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      Tata Kelola Perusahaan yang Baik                                                                         Laporan Tahunan | Annual Report 2024


      PELAKSANAAN TUGAS SEKRETARIS PERUSAHAAN                             IMPLEMENTATION OF CORPORATE SECRETARY DU-
                                                                          TIES
      Di tahun 2024, Sekretaris Perusahaan melaksanakan beberapa          In 2024, the Corporate Secretary conducted the following duties
      tugas dan kegiatan sebagai berikut:                                 and functions:
      1. Membantu Direksi dan Dewan Komisaris memastikan pe-              1. Assisted the Directors and the Board of Commissioners to
           nerapan prinsip-prinsip Tata Kelola Perusahaan yang Baik            ensure the implementation of the principles of Good Cor-
           dalam proses pengambilan keputusan dan pada setiap ke-              porate Governance in the decision-making process and in
           giatan Perseroan.                                                   every activity of the Company.
      2. Memastikan pelaksanaan keterbukaan informasi sesuai              2. Ensured the implementation of information disclosure in
           dengan peraturan yang berlaku.                                      accordance with applicable regulations.
      3. Mengelola daftar pemegang saham Perusahaan dan meng-             3. Managed the list of the Company’s shareholders and in-
           komunikasikan perubahannya setiap bulan kepada OJK, BEI,            formed the changes every month to OJK, IDX, and the public
           dan publik melalui situs web Perusahaan.                            through the Company’s website.
      4. Menghadiri sosialisasi dan kegiatan yang diadakan oleh           4. Attended dissemination and activities held by the Capital
           otoritas Pasar Modal.                                               Market authorities.
      5. Mengikuti berbagai pelatihan, webinar, dan workshop un-          5. Participated in various trainings, webinars, and workshops
           tuk meningkatkan kemampuan Sekretaris Perusahaan.                   to improve the competence of the Corporate Secretary.
      6. Berkoordinasi dengan fungsi-fungsi terkait guna memas-           6. Coordinated with related functions to ensure the availabi-
           tikan ketersediaan informasi yang tepat dan akurat bagi             lity of appropriate and accurate information for regulators
           regulator dan investor mengenai isu-isu material yang ber-          and investors regarding material issues that had the poten-
           potensi mempengaruhi keputusan Pemegang Saham.                      tial to influence the decisions of Shareholders.
      7. Memutakhirkan peraturan terbaru di Pasar Modal kepada            7. Forwarded updates on the latest regulations in the Capital
           Direksi dan Dewan Komisaris, serta memastikan segala                Market to the Directors and the Board of Commissioners, as
           kepatuhannya.                                                       well as ensured all compliance.
      8. Membantu Direksi dalam menyelenggarakan Rapat Umum               8. Assisted the Directors in holding the General Meeting of
           Pemegang Saham.                                                     Shareholders.
      9. Memastikan informasi yang mutakhir dan akuntabel terse-          9. Ensured up-to-date and accountable information is avail-
           dia pada situs web Perusahaan.                                      able on the Company’s website.
      10. Menyusun dan mengusulkan kepada Direksi rencana kerja,          10. Prepared and proposed to the Directors a work plan, bud-
           anggaran, dan indikator pencapaian kinerja departemen               get, and performance indicators for the Corporate Secretary
           Sekretaris Perusahaan.                                              department.
      11. Menyusun jadwal rapat dan agenda rapat Direksi dan              11. Prepared the meeting schedule and agenda for the meet-
           Dewan Komisaris serta komite-komite di bawah Dewan                  ings of the Directors and the Board of Commissioners as
           Komisaris dan memastikan terselenggaranya rapat-rapat               well as the committees under the Board of Commissioners
           tersebut sesuai rencana.                                            and ensured that these meetings were held according to
                                                                               plan.
      12. Memastikan materi dan risalah rapat tersedia pada setiap        12. Ensured that meeting materials and minutes were available
          penyelenggaraan rapat rutin, non-rutin, maupun rapat                 at every routine, non-routine, or joint meeting of the Direc-
          gabungan dari Direksi dan Dewan Komisaris serta rapat                tors and the Board of Commissioners as well as meetings of
          komite-komite di bawah Dewan Komisaris.                              the committees under the Board of Commissioners.



      AUDIT INTERNAL                                                      INTERNAL AUDIT
      Divisi Audit Internal Intiland dibentuk sejak tahun 2005. Melalui   Intiland’s Internal Audit Division was established in 2005. With
      persetujuan Dewan Komisaris dan Direksi, Audit Internal Per-        the approval of the Board of Commissioners and the Directors,
      seroan merancang Piagam Audit Internal pada bulan Desember          the Company’s Internal Audit drafted the Internal Audit Charter
      2009 yang kemudian diperbarui pada tahun 2016. Piagam Au-           in December 2009 and was renewed in 2016. The Internal Audit
      dit Internal merujuk peraturan Bapepam LK No IX.I.7 dan Surat       Charter refers to Bapepam LK regulations No. IX.I.7 and the De-
      Keputusan Ketua Bapepam LK No. Kep-496/BL/2008 tanggal 28           cree of the Chairman Bapepam LK No. Kep-496/BL/2008 dated
      November 2008 mengenai Pembentukan dan Pedoman Penyusu-             November 28, 2008, on Formation and Guidelines for the Prepa-
      nan Unit Audit Internal.                                            ration of the Internal Audit Unit.


      Audit Internal berkewajiban untuk memberikan layanan konsul-        The Internal Audit is obliged to provide independent and objec-
      tasi yang bersifat independen dan obyektif. Hal tersebut bertu-     tive consulting services. This aims to improve the quality and
      juan untuk meningkatkan mutu dan memperbaiki operasional            enhance the operations of the Company, while also increasing
      Perseroan, sekaligus meningkatkan efektivitas, manajemen            the effectiveness of risk management, internal controls, and cor-
      risiko, pengendalian internal, dan proses tata kelola perusahaan.   porate governance processes.


      Pengangkatan dan pemberhentian anggota Audit Internal sepe-         The appointment and dismissal of members of the Internal Audit
      nuhnya menjadi wewenang Direktur Utama Perseroan. Audit             is the authority of the President Director of the Company. Inter-
      Internal memiliki akses langsung kepada Direktur Utama dan          nal Audit has direct access to the President Director and to the


256
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PT Intiland Development Tbk                                                                               Good Corporate Governance


Komite Audit untuk melakukan koordinasi serta menyampaikan          Audit Committee to coordinate and inform matters relating to
informasi terkait berbagai hal yang berhubungan dengan kegia-       the implementation of audit activities and results.
tan dan hasil audit.


Kedudukan unit Audit Internal dalam struktur Perusahaan seba-       The position of the internal audit unit in the Company’s structure
gai berikut:                                                        is as follows:
1. Unit Audit Internal terdiri dari 1 (satu) orang auditor inter-   1. The Internal Audit Unit consists of 1 (one) or more internal
     nal atau lebih.                                                       auditors.
2. Unit Audit Internal dipimpin oleh Kepala Unit Audit Inter-       2. The Internal Audit Unit is led by the Head of the Internal
     nal.                                                                  Audit Unit.
3. Dalam hal unit Audit Internal terdiri dari 1 (satu) orang au-    3. In the event that the Internal Audit unit consists of 1 (one)
     ditor internal, maka auditor internal dimaksud juga bertin-           internal auditor, the said internal auditor also acts as the
     dak sebagai Kepala Unit Audit Internal.                               Head of the Internal Audit Unit.
4. Kepala unit Audit Internal bertanggung jawab kepada              4. The Head of the Internal Audit unit is responsible to the
     Direktur Utama dan secara fungsional kepada Dewan                     President Director and functionally to the Board of Commis-
     Komisaris atau melalui Komite Audit.                                  sioners or through the Audit Committee.




Struktur Audit Internal
Internal Audit Structure


              Dewan Komisaris                                                                      Komite Audit
            Board of Commissioners                                                                Audit committee



                 Direktur Utama
                President Director

                                                                                                    Audit Internal
                                                                                                    Internal Audit



PERSYARATAN                                                         REQUIREMENTS
1.   Memiliki integritas dan perilaku yang profesional, inde-       1.   Have integrity and professional behavior and is indepen-
     penden, jujur, dan obyektif dalam pelaksanaan tugasnya;             dent, honest, and objective in conducting their duties;
2.   Memiliki pengetahuan dan pengalaman mengenai teknis            2.   Have the knowledge and experience regarding audit techni-
     audit dan disiplin ilmu lain yang relevan dengan bidang             calities and other knowledge relevant to their duties;
     tugasnya;
3.   Memiliki pengetahuan tentang peraturan perundang-un-           3.   Have the knowledge on Capital Market laws and regula-
     dangan di bidang Pasar Modal dan peraturan perundang-               tions and other relevant regulations;
     undangan terkait lainnya;
4.   Memiliki kecakapan untuk berinteraksi dan berkomunikasi        4.   Have the capability to interact and communicate effectively
     baik lisan maupun tertulis secara efektif;                          with other people, both verbally and in written form;
5.   Mematuhi standar profesi yang dikeluarkan oleh asosiasi        5.   Comply with the professional standards issued by the Inter-
     Audit Internal;                                                     nal Audit association.
6.   Mematuhi Kode Etik Audit Internal;                             6.   Comply with the Internal Audit’s code of conduct;
7.   Menjaga kerahasiaan informasi dan/atau data Perusahaan         7.   Maintain information’s confidentiality and/or Company’s
     terkait dengan pelaksanaan tugas dan tanggung jawab                 data in relation to the implementation of Internal Audit du-
     Audit Internal kecuali diwajibkan berdasarkan peraturan             ties and responsibilities, unless being obliged by the law or
     perundang-undangan atau penetapan atau putusan pe-                  court decision;
     ngadilan;
8.   Memahami prinsip Tata Kelola Perusahaan yang Baik dan          8.   Understand Good Corporate Governance principles and risk
     manajemen risiko; dan                                               management; and
9.   Bersedia meningkatkan pengetahuan, keahlian, dan ke-           9.   Have the enthusiasm to continuously improve their know-
     mampuan profesionalismenya secara terus-menerus.                    ledge, expertise, and professionalism.




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      Tata Kelola Perusahaan yang Baik                                                                          Laporan Tahunan | Annual Report 2024



      Profil Kepala Audit Internal
      Profile of Head of Internal Audit


      David Kurniawan
      41 tahun, Warga Negara Indonesia
      41 years old, Indonesian Citizen

      Domisili | Domicile
      Jakarta, Indonesia




      Riwayat Pendidikan          •      Sarjana komputer akuntansi dari Universitas       •    Bachelor’s degree in computer accounting
      | Educational Background           Bina Nusantara pada 2006.                              from University of Bina Nusantara in 2006.


      Dasar Hukum                 Surat Keputusan Direksi No. 005/Intiland/HSG/            Decree of the Directors No. 005/Intiland/HSG/
      | Basis of Appointment      VIII/2016 tentang Penggantian Kepala Divisi In-          VIII/2016 on the Replacement of Head of Internal
                                  ternal Audit dan sesuai dengan Surat Keputusan           Audit Division as well as Decree of BOC No.001-
                                  Dewan Komisaris No.001-SK/BOC/Intiland/CS/               SK/BOC/Intiland/CS/VIII/2016 on the Appoint-
                                  VIII/2016 tentang Penunjukan Kepala Divisi In-           ment of Head of Internal Audit Unit.
                                  ternal Audit.


      Pengalaman Kerja            •      2016–sekarang Kepala Audit Internal PT Inti-      •    2016 – present Head of Internal Audit Divi-
      | Professional Experience          land Development Tbk                                   sion of PT Intiland Development Tbk.
                                  •      2014-2016 Wakil Kepala Audit Internal PT Inti-    •    2014 – 2016: Deputy Head of Internal Audit
                                         land Development Tbk                                   Division of PT Intiland Development Tbk
                                  •      2013 Audit Manager PT Intiland Development        •    2013 Audit Manager at PT Intiland Develop-
                                         Tbk.                                                   ment Tbk
                                  •      2012-2013 Audit Internal PT Cowell Develop-       •    2011 - 2013 Internal Audit at PT Cowell De-
                                         ment Tbk                                               velopment Tbk
                                  •      2008–2011 Audit Internal PT Surya Toto Indo-      •    2008 – 2011 Internal Auditor at PT Suryo
                                         nesia Tbk                                              Toto Indonesia Tbk




      PELATIHAN DAN PENINGKATAN KOMPETENSI AUDIT                            TRAINING AND COMPETENCY DEVELOPMENT OF IN-
      INTERNAL                                                              TERNAL AUDIT
      Pengembangan kompetensi Audit Internal dan anggota timnya             The competence development of the Internal Audit and its team
      dilakukan dengan mengikuti berbagai acara dan kegiatan pelati-        is carried out by participating in various training events, semi-
      han, seminar, workshop, dan konferensi yang relevan dengan tu-        nars, workshops, and conferences relevant to the duties of the
      gas Audit Internal.                                                   Internal Audit.


      Daftar rincian kegiatan pelatihan dan peningkatan kompetensi          A detailed list of the training and competency enhancement ac-
      bagi Audit Internal tahun 2024 tercantum pada bab Profil Peru-        tivities for the Audit Internal in 2024 is shown in the Company
      sahaan dalam Laporan Tahunan ini.                                     Profile section of this Annual Report.



      TUGAS DAN TANGGUNG JAWAB AUDIT INTERNAL                               DUTIES AND RESPONSILITIES OF INTERNAL AUDIT
      1.   Menyusun dan melaksanakan rencana tahunan Audit Inter-           1.   Preparing and implementing the Internal Audit annual
           nal.                                                                  plan.
      2.   Menguji dan mengevaluasi efektifitas pelaksanaan pengen-         2.   Challenging and evaluating the effectiveness of the imple-
           dalian internal dan sistem manajemen risiko sesuai dengan             mentation of internal control and risk management sys-
           kebijakan Perseroan.                                                  tems in accordance with the Company’s policies.
      3.   Melakukan pemeriksaan dan penilaian terhadap efisiensi           3.   Conducting inspections and assessments of efficiency
           dan efektivitas di bidang keuangan, akuntansi, operasional,           and effectiveness in the fields of finance, accounting, op-
           sumber daya manusia, pemasaran, teknologi informasi, dan              erations, human resources, marketing, information techno-



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PT Intiland Development Tbk                                                                              Good Corporate Governance


     kegiatan lainnya, serta melakukan pemeriksaan khusus               logy, and other activities, as well as conducting special in-
     apabila diperlukan.                                                spections if necessary.
4.   Memberikan saran perbaikan dan informasi yang obyektif        4.   Providing suggestions for improvement and objective in-
     tentang kegiatan yang diperiksa pada semua tingkat mana-           formation on the audited activities at all levels of manage-
     jemen.                                                             ment.
5.   Membuat laporan hasil audit dan menyampaikannya ke-           5.   Preparing audit reports and submitting it to the President
     pada Direktur Utama dan Dewan Komisaris, serta bekerja             Director and the Board of Commissioners, as well as coope-
     sama dengan Komite Audit.                                          rating with the Audit Committee.
6.   Memantau, menganalisis, dan melaporkan pelaksanaan            6.   Monitoring, analyzing, and reporting the implementation
     tindak lanjut perbaikan yang telah disarankan.                     of the follow-up improvements that have been suggested.
7.   Menyusun program untuk mengevaluasi mutu kegiatan au-         7.   Developing a program to evaluate the quality of the internal
     dit internal yang dilaksanakan.                                    audit activities carried out.



PIAGAM AUDIT INTERNAL                                              INTERNAL AUDIT CHARTER
Piagam Audit Internal Perseroan disusun dengan merujuk pada        The Company’s Internal Audit Charter was developed in accor-
Peraturan Otoritas Jasa Keuangan Nomor 56/POJK.04/2015 yang        dance with OJK Regulation No. 56/POJK.04/2015 dated Decem-
dikeluarkan pada tanggal 23 Desember 2015, yang mengatur           ber 23, 2015 on Formation and Guidelines for the Preparation of
tentang Pembentukan dan Pedoman Penyusunan Piagam Unit             the Internal Audit Unit Charter. With the approval of the Board of
Audit Internal. Dengan persetujuan dari Dewan Komisaris dan        Commissioners and the Directors, the Company’s Internal Audit
Direksi, Piagam Audit Internal Perseroan disusun pada bulan        compiled the Internal Audit Charter in December 2009 and has
Desember 2009, dan telah mengalami pembaruan terakhir pada         been renewed with the latest update on 22 September 2020.
tanggal 22 September 2020.


Audit Internal dapat menjalankan tugasnya secara efektif sesuai    The Internal Audit can carry out its duties properly based on
dengan ketentuan yang tercantum dalam Piagam Audit Internal.       the Internal Audit Charter. The Internal Audit Charter can be ac-
Piagam Audit Internal dapat diakses di situs web Intiland (www.    cessed on the Company’s website (www.intiland.com).
intiland.com).



LAPORAN KEGIATAN DAN PENCAPAIAN TAHUN 2024                         REPORT OF ACTIVITY AND ACHIEVEMENT IN 2024
Audit Internal di tahun 2024 menjalankan kegiatan yang meli-       During 2024, Internal Audit conducted financial and operational
puti audit keuangan dan operasional terhadap 15 auditees yang      audits of 15 auditees covering all of the Company’s development
meliputi seluruh proyek pengembangan dan investasi Perseroan       and investment projects in various locations and carried out 8
di berbagai lokasi dan menjalankan 8 penugasan khusus yang         special assignments related to the consulting function. Internal
berkaitan dengan fungsi konsultasi. Audit Internal telah mem-      Audit has provided recommendations to improve and enhance
berikan rekomendasi-rekomendasi perbaikan yang dapat me-           the internal control system.
ningkatkan dan memperbaiki sistem kontrol internal.
                                                                   Internal Audit has intensified coordination with the Board of
Audit Internal telah meningkatkan koordinasi secara intensif       Commissioners, the Directors, and the Audit Committee regard-
dengan Dewan Komisaris, Direksi, dan Komite Audit berkaitan        ing audit findings, enabling the audit activities to be carried out
dengan hasil audit sehingga proses kegiatan audit dapat dijalan-   effectively and add value.
kan secara tepat sasaran dan memberikan nilai tambah.


Di tahun 2024, Audit Internal menerima 5 laporan melalui sistem    In 2024, the Internal Audit received 5 reports through the
Pelaporan Pelanggaran yang seluruhnya telah diselesaikan de-       Whistleblowing System and all of which have been successfully
ngan baik. Laporan yang disampaikan melalui sistem Pelaporan       resolved. The reports submitted through the Whistleblowing Sys-
Pelanggaran meliputi:                                              tem include:
1. Dua Laporan terkait ketidakpuasan dari konsumen.                1. Two reports related to customer dissatisfaction.
2. Laporan dugaan penyalahguaan wewenang.                          2. A report of alleged abuse of authorities.
3. Dua laporan dugaan pelanggaran prosedur.                        3. Two reports of alleged procedural violations.



PENGUNGKAPAN HASIL PELAKSANAAN AUDIT IN-                           DISCLOSURE OF RESULTS OF INTERNAL AUDIT AND
TERNAL DAN TINDAK LANJUTNYA                                        FOLLOW-UP ACTIONS
1.   Pada tahun 2024 Audit Internal telah melakukan kegiatan       1.   In 2024, Internal Audit conducted audits on 15 auditee
     Audit terhadap 15 unit auditee dan 8 penugasan khusus              units and 8 special assignments, covering areas such as
     dengan cakupan audit area meliputi proses pengendalian             financial transaction internal control processes, marketing
     internal transaksi keuangan, pemasaran dan penjualan,              and sales, occupational safety, development planning, de-
     keselamatan kerja, perencanaan pembangunan, proses                 velopment processes, development supervision, complete-
     pembangunan, pengawasan pembangunan, kelengkapan                   ness of Standard Operating Procedures (SOPs), budget con-


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             SOP, kontrol terhadap budget, struktur organisasi dan pe-          trols, organizational structure, and building management.
             ngelolaan gedung.
      2.     Berdasarkan hasil pemeriksaan disimpulkan bahwa pe-           2.   From the examination results, it can be concluded that the
             ngendalian internal Perseroan sudah dijalankan dengan              Company’s internal controls have been effectively imple-
             baik. Inisiatif perbaikan berkelanjutan yang dijalankan            mented. The continuous improvement initiatives under-
             Perseroan menghasilkan inovasi yang dapat meningkatkan             taken by the Company have led to innovations that enhance
             mutu pengendalian internal.                                        the quality of internal controls.
      3.     Pemeriksaan Audit Internal juga mencakup aspek pengelo-       3.   The Internal Audit examination also covered the risk ma-
             laan risiko pada 15 unit audit. Hasil pemeriksaan dapat di-        nagement aspect of 15 audit units. The audit results con-
             simpulkan bahwa masih terdapat risiko yang sangat tinggi           clude that there are still high and very high risks, for which
             dan tinggi yang tindakan mitigasinya belum terimplemen-            mitigation actions have not been consistently implemented.
             tasi secara konsisten.
      4.     Audit Internal akan terus memonitor penerapan dari tinda-     4.   Internal Audit will continue to monitor the implementation
             kan mitigasi terhadap risiko terutama risiko sangat tinggi         of risk mitigation actions, especially for high and very high
             dan tinggi.                                                        risks.
      5.     Kesepakatan tindakan manajemen dari hasil kegiatan            5.   Management action agreements resulting from audit ex-
             pemeriksaan audit telah ditindaklanjuti oleh auditee dan           amination activities have been followed up by the auditees,
             tindakan manajemen yang proses penyelesaiannya lama                and management actions requiring lengthy resolution pro-
             akan terus dipantau oleh Audit Internal.                           cesses will continue to be monitored by Internal Audit.
      6.     Di tahun 2024 dengan dukungan yang aktif dari Dewan           6.   In 2024, with active support from the Board of Commission-
             Komisaris dan Direksi terhadap kegiatan Audit membuat              ers and the Directors for audit activities, auditees have also
             auditee juga aktif dalam menyelesaikan setiap temuan dari          been proactive in addressing each finding from the Internal
             Audit Internal. Temuan yang statusnya masih menggan-               Audit. The findings that remained unresolved in 2024 were
             tung pada tahun 2024 tercatat sebesar 6%.                          recorded at 6%.



      STRATEGI AUDIT INTERNAL TAHUN 2025                                   INTERNAL AUDIT’S STRATEGY IN 2025
      Pada tahun 2025 Audit Internal menargetkan untuk dapat me-           In 2025, Internal Audit has set a target to conduct audits for 14
      lakukan kegiatan Audit untuk 14 auditee dengan prioritas ting-       auditees, prioritizing those with very high-risk levels, as well as
      kat risiko yang sangat tinggi, dan dua divisi. Mempertimbangkan      two divisions. Considering the effectiveness of the consulting
      cukup efektifnya fungsi konsultasi, maka Audit Internal tetap        function, Internal Audit will continue to focus on assisting the
      akan berfokus dalam membantu Perseroan melalui fungsi kon-           Company through its consulting function.
      sultasi Audit Internal.



      SISTEM PENGENDALIAN INTERNAL                                         INTERNAL CONTROL SYSTEM
      Sistem Pengendalian Internal merupakan prosedur yang diran-          Internal control system is a process designed and implemented
      cang dan dijalankan oleh Dewan Komisaris, Direksi, dan ang-          by the Board of Commissioners, the Directors, and other mem-
      gota manajemen lainnya serta seluruh komponen Perusahaan.            bers of management as well as all organs of the Company. The
      Penerapan sistem pengendalian internal bertujuan untuk me-           implementation of the internal control system aims to ensure
      mastikan kesesuaian antara pelaksanaan keputusan dan kegia-          compliance between decision-making and activities in accor-
      tan dengan peraturan dan panduan untuk mencegah terjadinya           dance with existing regulations and guidelines to prevent fraud
      kecurangan dan kecacatan hukum. Pelaksaan pengendalian in-           and legal defects. To assess the design and effectiveness of the
      ternal, Direksi dibantu Divisi Audit internal untuk menilai ran-     implementation of internal control, the Directors is supported by
      cangan serta efektivitas penerapannya melalui koodinasi dengan       the Internal Audit Division, which in its implementation always
      Komite Audit. Prosedur tersebut bertujuan untuk memberikan           coordinates with the Audit Committee. This is to provide assur-
      keyakinan bahwa penerapan pengendalian internal sesuai de-           ance that the implementation of Internal Control is in line with
      ngan tujuan dan sasaran Perusahaan.                                  the Company’s objectives and targets.


      Audit Internal telah menjalankan pemeriksaan terhadap sistem         Internal Audit has conducted an examination of the control sys-
      pengendalian seluruh kegiatan finansial dan operasional di selu-     tems for all financial and operational activities across the Compa-
      ruh Perusahaan dan entitas anak perusahaan, kecuali pada aspek       ny and its subsidiaries, excluding the taxation aspect. The Com-
      perpajakan. Perseroan menilai penerapan sistem pengendalian          pany assesses that the implementation of the internal control
      internal sudah dijalankan dengan baik. Perseroan memiliki sis-       system has been well executed. The Company has an Enterprise
      tem Enterprise Resources Planning (ERP) serta melengkapi proses      Resource Planning (ERP) system and enhances business process-
      bisnis dengan sistem aplikasi teknologi informasi yang dibangun      es with internally developed information technology application
      secara internal untuk meningkatkan mutu pengendalian inter-          systems to improve the quality of internal controls.
      nal.


      Berdasarkan hasil pemeriksaan, Perseroan mencatat masih ter-         Based on the audit result, the Company has noted that there are
      dapat beberapa temuan berulang di aspek operasional, namun           still some recurring findings in the operational aspect, but their


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dampaknya sudah semakin menurun. Hasil positif ini menun-           impact has significantly decreased. This positive result indicates
jukan bahwa pengendalian internal yang dijalankan Perseroan         that the internal controls implemented by the Company are con-
sudah semakin baik.                                                 tinuously improving.



TINJAUAN ATAS EFEKTIVITAS SISTEM PENGENDA-                          REVIEW OF THE EFFECTIVENESS OF THE INTERNAL
LIAN INTERNAL                                                       CONTROL SYSTEM
Perusahaan telah melaksanakan pengendalian internal secara          The Company has implemented adequate internal controls, both
memadai, baik dari aspek keuangan maupun operasional, meski-        in financial and operational aspects, although there are certain
pun terdapat aspek tertentu yang berpotensi untuk ditingkatkan      areas that have the potential to be improved in order to achieve
guna mencapai keunggulan yang lebih baik. Sebagai upaya me-         better excellence. As an effort to enhance the quality of internal
ningkatan mutu pengendalian internal, Perusahaan berkomit-          controls, the Company is committed to continuously complying
men untuk terus mematuhi seluruh peraturan perundangan dan          with all applicable laws and regulations.
ketentuan yang berlaku.



PERNYATAAN DIREKSI DAN/ATAU DEWAN KOMISA-                           STATEMENT OF THE DIRECTORS AND/OR THE BOARD
RIS ATAS KECUKUPAN SISTEM PENGENDALIAN IN-                          OF COMMISSIONERS ON THE ADEQUACY OF THE IN-
TERNAL                                                              TERNAL CONTROL SYSTEM
Direksi dan Dewan Komisaris menyatakan bahwa Sistem Pen-            The Directors and the Board of Commissioners declare that the
gendalian Internal di Intiland telah berfungsi secara optimal dan   Internal Control System at Intiland has functioned optimally and
efektif dalam membantu Pengelolaan berbagai risiko yang diha-       effectively in assisting the management of various risks faced
dapi Perseroan. Pencapaian ini dapat dilihat dari berbagai aspek    by the Company. This achievement can be seen from various as-
seperti operasional yang berjalan efisien, akurasi dalam pelapo-    pects, such as efficient operations, accuracy in financial report-
ran keuangan, perlindungan aset Perusahaan, serta kepatuhan         ing, protection of company assets, and compliance with applica-
terhadap regulasi yang berlaku.                                     ble regulations.


Komitmen ini juga diwujudkan melalui penyelenggaraan rapat          This commitment is also realized through the regular holding of
Komite Audit secara berkala, baik dengan divisi audit internal,     Audit Committee meetings, both with the internal audit division,
Dewan Komisaris, dan Direksi. Pada rapat-rapat tersebut hasil       the Board of Commissioners, and the Directors. In these meet-
temuan Audit Internal yang membutuhkan tindak lanjut dari Di-       ings, findings from the Internal Audit that require follow-up from
reksi dibahas secara rutin untuk memperbaiki kekurangan atau        the Directors are routinely discussed to address deficiencies or
ditemukannya ketidaksesuaian prosedur.                              identify procedural discrepancies.



SISTEM MANAJEMEN RISIKO                                             RISK MANAGEMENT SYSTEM
Penerapan manajemen risiko menjadi bentuk pengendalian in-          The implementation of risk management is a form of internal
ternal untuk menghadapi risiko serta meminimalkan dampak            control to deal with risks and minimize negative impacts on the
negatif bagi operasional maupun finansial Perusahaan. Perse-        Company’s operations and finances. The Company carries out a
roan menjalankan proses manajemen risiko diantaranya dengan         risk management process including identifying risks, measuring
mengidentifikasi risiko, pengukuran risiko baik dari segi dampak    risks both in terms of impact and likelihood of occurrence, con-
dan kemungkinan kejadian, melakukan mitigasi untuk memi-            ducting mitigation to minimize risks, and regular evaluation of
nimalkan risiko, serta evaluasi rutin dari tindakan mitigasi yang   the mitigation actions that have been taken.
telah dilakukan.


Sektor properti di tahun 2024 menunjukkan sinyalemen pertum-        The property sector in 2024 shows signs of more prospective
buhan yang lebih prospektif. Perpanjangan periode pemberiaan        growth. The extension of the policy incentive period in the form
insentif kebijakan berupa Pajak Pertambahan Nilai Ditanggung        of Government Borne Value Added Tax (PPNDTP) is one of the fac-
Pemerintah (PPNDTP) menjadi salah satu faktor penopang per-         tors supporting growth. This policy is an important stimulus for
tumbuhan. Kebijakan ini menjadi stimulus penting bagi sek-          the property sector and makes it easier for people to own hou-
tor properti dan kemudahan bagi Masyarakat untuk memiliki           sing. On the other hand, the holding of the general elections for
hunian. Namun di sisi lain, penyelenggaraan pemilihan umum          the President and Vice President and members of the House of
Presiden dan Wakil Presiden serta anggota Dewan Perwakilan          Representatives in the first quarter, as well as the simultaneous
Rakyat pada triwulan pertama, serta pemilihan Kepala Daerah         Regional Head elections in the fourth quarter, caused investors to
serentak di triwulan keempat, menyebabkan investor mengam-          take a waiting attitude for investment and property purchases.
bil sikap menunggu untuk investasi dan pembelian properti.


Menghadapi potensi risiko yang terjadi, Perseroan melalui unit      Facing the potential risks that occur, the Company through the
manajemen risiko menjalankan pengelolaan risiko secara me-          risk management unit carries out comprehensive risk manage-
nyeluruh pada semua segmen pengembangan properti, mulai             ment in all property development segments, ranging from high-
dari highrise, perumahan, kawasan industri, dan properti in-        rise, residential, industrial estates, and investment properties.


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      vestasi. Proses mitigasi risiko tersebut dijalankan mulai dari ta-   The risk mitigation process is carried out starting from the plan-
      hapan perencanaan, pembebasan lahan, proses pembangunan,             ning stage, land acquisition, construction process, marketing and
      pemasaran dan penjualan, serta serah terima, sampai proses           sales, and handover, to the property management process.
      pengelolaan properti.



      KLASIFIKASI RISIKO                                                   CLASIFICATION OF RISK
      Tahun 2024 Perseroan mengklasifikasikan risiko ke dalam 4 (em-       In 2024, Intiland classified risks into 4 (four) categories, includ-
      pat) kategori, meliputi sebagai berikut:                             ing:


      1.   Risiko Finansial                                                1.   Financial Risks
           Risiko finansial merupakan suatu bentuk risiko yang muncul           Financial risk is a form of risk arising from an event that ad-
           atas suatu kejadian dan membawa dampak yang merugi-                  versely affects the Company’s financial condition. The types
           kan bagi kondisi finansial perusahaan. Adapun jenis-jenis            of financial risks include:
           risiko finansial antara lain:


           a. Risiko Kredit                                                     a. Credit Risk
              Risiko kredit adalah risiko yang disebabkan oleh pe-                 Credit risk is the risk caused by customers who fail to
              langgan yang gagal memenuhi liabilitas kontraktualnya                fulfill their contractual obligations to the detriment of
              sehingga merugikan Perusahaan. Risiko kredit Intiland                the Company. Intiland’s credit risk in 2024 is dominated
              pada tahun 2024 didominasi oleh kendala pembayaran                   by credit payment constraints for landed units.
              kredit untuk unit-unit landed.


              Untuk mengurangi risiko pembayaran kredit, Perusa-                   To mitigate credit payment risks, the Company regularly
              haan melakukan penilaian dan pembaruan profil risiko                 assesses and updates its credit risk profile, regularly
              kredit secara rutin, memantau kolektibilitas piutang                 monitors the collectability of receivables to reduce the
              secara berkala untuk mengurangi jumlah piutang tak                   amount of bad debts, and adjusts financial strategies
              tertagih, serta penyesuaian strategi keuangan berdasar-              based on the results of continuous monitoring of chang-
              kan hasil pemantauan berkelanjutan terhadap peruba-                  es in tax regulations, economic conditions, and the prop-
              han regulasi pajak, kondisi ekonomi, dan pasar properti.             erty market.


           b. Risiko Likuiditas                                                 b. Liquidity Risk
              Risiko likuiditas adalah ketidakmampuan Perusahaan                   Liquidity risk is the Company’s inability to meet its finan-
              dalam memenuhi kewajiban keuangannya terhadap                        cial obligations to third parties.
              pihak ketiga.


              Pengelolaan risiko likuiditas dijalankan Perseroan mela-             Liquidity risk management is carried out through moni-
              lui pemantauan dan penjagaan tingkat kas dan setara                  toring and maintaining the level of cash and cash equi-
              kas untuk membiayai kegiatan operasional Perusahaan,                 valents to finance the Company’s operational activities,
              evaluasi berkala atas proyeksi arus kas untuk menilai                periodic evaluation of cash flow projections to assess
              dampak perubahan arus kas aktual dan jadwal jatuh                    the impact of changes in actual cash flows and debt
              tempo utang terhadap likuiditas, memastikan ketepa-                  maturity schedule on liquidity, ensuring timeliness of
              tan waktu penyelesaian proyek, menjual asset non core,               project completion, selling non-core assets, cooperation
              kerjasama dengan pihak eksternal, dan portofolio pro-                with external parties, and property portfolio.
              perti.


           c. Risiko permodalan                                                 c. Capital Risks
              Risiko permodalan Intiland berkaitan dengan penda-                   Intiland’s capital risk relates to external funding to
              naan eksternal untuk mendukung pertumbuhan bisnis.                   support business growth. The Company maintains good
              Perseroan menjaga hubungan baik dengan lembaga                       relationships with financial institutions and creditors to
              keuangan dan kreditur sehingga mendapatkan sumber                    obtain optimal funding sources. In 2024, the Company
              pendanaan yang optimal. Pada tahun 2024 Perseroan                    does not use hedging instruments, so to control capital
              tidak menggunakan instrumen lindung nilai, sehingga                  risk, the Company conducts business expansion with a
              untuk mengendalikan risiko permodalan, Perseroan                     joint venture scheme.
              melakukan ekspansi usaha dengan skema joint venture.


           d. Risiko Mata Uang Asing                                            d. Foreign Currency Risk
              Eksposur mata uang asing pada Intiland berkaitan de-                 Intiland’s exposure to foreign currency relates to sig-
              ngan transaksi operasional material impor dan vendor                 nificant operational transactions and imports from ven-
              luar negeri. Namun, jumlah eksposur mata uang asing                  dors. However, the overall exposure to foreign currency
              secara keseluruhan pengaruhnya cukup kecil karena                    is small because most raw materials and vendors use lo-


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        sebagian besar bahan baku serta vendor berasal dari                   cal suppliers. Additionally, all Intiland sales transactions
        pemasok lokal. Selain itu, seluruh transaksi penjualan                are conducted in Indonesian rupiah.
        Perseroan dilakukan menggunakan mata uang Rupiah.


2.   Risiko Operasional                                               2.   Operational Risk
     Risiko operasional merupakan kerugian yang ditimbul-                  Operational risk is a loss incurred due to failure of proce-
     kan akibat kegagalan prosedur dan proses, faktor sumber               dures and processes, human resource factors, or system
     daya manusia, ataupun kendala sistem dan teknologi. Un-               and technology constraints. To minimize human resource
     tuk meminimalisir risiko sumber daya manusia, Perseroan               risk, the Company conducts competency mapping, pre-
     melakukan pemetaan kompetensi, mempersiapkan talent                   pares talent successors to fill strategic position levels, and
     successor untuk mengisi level posisi strategis, dan pengem-           employee development to ensure human resources are in
     bangan karyawan untuk memastikan sumber daya manu-                    line with needs. To minimize land operational risk, the Com-
     sia sesuai dengan kebutuhan. Untuk meminimalisir risiko               pany regularly conducts surveillance, audits of legal status
     operasional lahan, Perseroan secara rutin melakukan pe-               and land licenses, and develops a system to ensure that
     ngawasan, audit status hukum dan perizinan lahan, serta               land data is well documented. The Company also plans new
     mengembangkan sistem untuk memastikan data lahan                      projects carefully, monitors project work progress regularly,
     terdokumentasi dengan baik. Perseroan juga merencana-                 and makes continuous improvements so that internal busi-
     kan proyek baru secara matang, melakukan pemantauan                   ness processes run optimally and efficiently.
     progress pekerjaan proyek secara berkala, serta melakukan
     perbaikan berkesinambungan agar proses bisnis internal
     berjalan dengan optimal dan efisien.


3.   Risiko Strategis                                                 3.   Strategic Risk
     Risiko strategis merupakan risiko yang disebabkan oleh                Strategic risk is a risk caused by inappropriate strategic plan-
     rencana dan penerapan strategi yang tidak tepat. Usaha                ning and implementation. The Company’s business includes
     Perseroan meliputi segmen pengembangan high rise, pe-                 high rise, residential, industrial estate, and investment pro-
     rumahan, kawasan industri, dan properti investasi. Setiap             perty development segments. Each segment contributes to
     segmen menyumbang peran dalam meningkatkan per-                       the Company’s financial performance. In addition to using
     forma keuangan Perseroan. Selain menggunakan strategi                 joint venture strategy, the Company also conducts thorough
     joint venture, Perseroan juga melakukan pertimbangan me-              consideration in development planning, expansion of busi-
     nyeluruh dalam perencanaan pembangunan, perluasan di-                 ness diversification, and innovation to face the high level of
     versifikasi usaha, dan inovasi untuk menghadapi tingginya             competition among developers with the same location and
     tingkat persaingan antar pengembang dengan lokasi dan                 target market.
     target pasar yang sama.


4.   Risiko Eksternal                                                 4.   External Risk
     Risiko eksternal perusahaan properti disebabkan oleh pihak            External risks faced by property companies arise from par-
     lain di luar kendali langsung Perusahaan yang dapat mem-              ties beyond the Company’s direct control and can affect the
     pengaruhi pasar, operasional, keuangan, dan reputasi peru-            market, operations, financial performance, and corporate
     sahaan. Pada tahun 2024 terdapat beberapa risiko ekster-              reputation. In 2024, the Company encountered several ex-
     nal yang dihadapi Perseroan yakni ketidakpastian politik              ternal risks, including political uncertainty related to the
     berkaitan dengan pemilihan umum, inflasi, serta tingkat               general election, inflation, and interest rates, which could
     suku bunga yang dapat mempengaruhi iklim investasi dan                impact the investment climate and property regulations.
     regulasi properti. Langkah mitigasi yang dijalankan Perse-            To mitigate these risks, the Company has focused more on
     roan yakni lebih fokus pada pengembangan proyek di seg-               developing projects in the residential and industrial estate
     men perumahan dan kawasan industri serta mencermati                   segments while closely monitoring political, economic, so-
     kondisi politik, ekonomi, sosial, teknologi, lingkungan, serta        cial, technological, environmental conditions, and applica-
     regulasi yang berlaku.                                                ble regulations.


     Risiko eksternal lainnya yang dihadapi adalah perubahan               Another external risk faced is changes in consumer prefe-
     preferensi konsumen yang dapat mempengaruhi per-                      rences that can affect property demand and value. To an-
     mintaan dan nilai properti. Untuk mengantisipasi hal terse-           ticipate this, the Company continuously monitors existing
     but Perseroan melakukan pemantauan tren, penyesuaian                  trends to adjust the portfolio and corporate strategies and
     portofolio dan strategi dalam menawarkan konsep properti              strives to remain actively engaged in business development
     yang sesuai kebutuhan masyarakat.                                     and offer property concepts aligned with current and future
                                                                           consumer preferences.




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      UPAYA PENGELOLAAN DAN MITIGASI RISIKO                               RISK MANAGEMENT AND MITIGATION MEASURES
      Perseroan telah menjalankan pengelolaan dan mitigasi risiko         The Company has effectively implemented risk management and
      dengan baik di tahun 2024. Fokus langkah mitigasi risiko yang       mitigation in 2024. The focus of the risk mitigation steps under-
      dijalankan Perseroan antara lain meliputi:                          taken by the Company includes:


      1.  Melakukan penjualan unit-unit ready stock terutama untuk        1.   Selling ready stock units, especially for high-rise property
          tipe properti high rise, serta melanjutkan pengembangan              types, and continuing project development in the residen-
          proyek di segmen pengembangan perumahan dan kawasan                  tial and industrial area segments.
          industri.
      2. Pemanfaatan Peraturan Menteri Keuangan (PMK) No. 120             2.   Utilization of Minister of Finance Regulation (PMK) No. 120
          tahun 2023 dan No. 7 tahun 2024 tentang PPN atas Penye-              of 2023 and No. 7 of 2024 on VAT for the Delivery of Landed
          rahan Rumah Tapak dan Satuan Rumah Susun yang Ditang-                Houses and Residential Units Covered by the Government.
          gung Pemerintah.
      3. Memaksimalkan pemasaran digital secara aktif dengan              3.  Maximizing digital marketing efforts actively through so-
          konten media sosial sesuai tren terkini dalam rangka me-            cial media content aligned with current trends to enhance
          ningkatkan daya jangkau informasi dan komunikasi ke kon-            the reach of information and communication with property
          sumen properti.                                                     consumers.
      4. Menerapkan prosedur manajemen proyek yang efektif un-            4. Implementing effective project management procedures to
          tuk mengurangi risiko peningkatan biaya dan keterlamba-             mitigate the risks of cost escalation and delays in handover
          tan serah terima ke konsumen.                                       to consumers.
      5. Melakukan penyesuaian strategi harga dengan kondisi              5. Adjusting pricing strategies in response to dynamic market
          pasar yang dinamis.                                                 conditions.
      6. Memfasilitasi proses pemetaan kompetensi dan pelatihan           6. Facilitating competency mapping and training to fulfill
          pemenuhan kompetensi untuk setiap posisi strategis di               competency requirements for each strategic position in pro-
          proyek dan holding.                                                 jects and the holding company.
      7. Meningkatkan tingkat okupansi perkantoran sewa dengan            7. Increasing office occupancy rates by attracting new tenants
          mencari penyewa baru dan merancang strategi retensi pe-             and designing tenant retention strategies to maintain oc-
          nyewa untuk mempertahankan okupansi dan profitabilitas.             cupancy and profitability.
      8. Menambah strategi penyewaan hunian high rise untuk me-           8. Expanding high-rise residential leasing strategies to maxi-
          maksimalkan pendapatan.                                             mize revenue.
      9. Mengembangkan bisnis bersama strategic partner dengan            9. Developing business ventures with strategic partners
          skema joint venture.                                                through joint venture schemes.
      10. Mencermati tren pasar, kondisi perkenomian, regulasi ter        10. Monitoring market trends, economic conditions, new regu-
          baru, dan preferensi konsumen sebagai acuan strategi bis-           lations, and consumer preferences as the basis for business
          nis.                                                                strategies.



      TINJAUAN ATAS EFEKTIVITAS SISTEM MANAJEMEN                          REVIEW OF THE EFFECTIVENESS OF THE RISK MAN-
      RISIKO                                                              AGEMENT SYSTEM
      Proses peninjauan atas sistem manajemen risiko di Intiland telah    The prosess of reviewing the risk management system at Intiland
      berjalan secara efektif dalam mengidentifikasi, mengevaluasi,       has been effectively implemented to identify, evaluate, and ma-
      dan mengelola risiko yang muncul dalam setiap aktivitas bisnis.     nage risks arising from all business activities. In 2024, risk mitiga-
      Pada tahun 2024, penerapan mitigasi risiko dijalankan secara        tion measures were carried out proactively, enabling the Com-
      proaktif sehingga mampu merespons setiap terjadinya peruba-         pany to respond to internal and external changes, including new
      han kondisi secara internal maupun eksternal, termasuk mun-         challenges stemming from economic and political instability.
      culnya tantangan baru dari ketidakstabilan ekonomi dan politik.


      Perseroan menjalankan pendekatan secara sistematis pada selu-       The Company applies a systematic approach across all business
      ruh lini operasional bisnis, mulai dari tahapan perencanaan hing-   operations, from the planning stage to property management,
      ga pengelolaan properti, dengan melakukan pemetaan tingkat          by conducting comprehensive risk mapping across various de-
      risiko yang menyeluruh pada berbagai segmen pengembangan.           velopment segments. Regular evaluations are conducted to
      Evaluasi dijalankan secara berkala untuk memastikan penerapan       ensure that the implementation of strategies remains relevant
      strategi tetap relevan dan adaptif dalam menghadapi dinamika        and adaptable to market dynamics. Through these measures,
      pasar. Melalui langkah-langkah ini, sistem manajemen risiko         the Company’s risk management system has proven effective
      yang diterapkan terbukti efektif dalam menjaga stabilitas ope-      in maintaining operational stability and supporting sustainable
      rasional dan mendukung pertumbuhan usaha secara berkelan-           business growth.
      jutan.




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PERNYATAAN DIREKSI DAN/ATAU DEWAN KOMISA-                            STATEMENT OF THE DIRECTORS AND/OR BOARD OF
RIS ATAS KECUKUPAN SISTEM MANAJEMEN RISIKO                           COMMISSIONERS ON THE ADEQUACY OF THE RISK
                                                                     MANAGEMENT SYSTEM.
Dewan Komisaris dan Direksi menilai bahwa penerapan sistem           The Board of Commissioners and the Directors assess that the
manajemen risiko di sepanjang tahun 2024 telah mencukupi             implementation of the risk management system throughout
dalam mengantisipasi dan mengelola berbagai tantangan yang           2024 has been adequate in anticipating and managing various
dihadapi Perusahaan. Melalui model pendekatan yang terstruk-         challenges faced by the Company. Through a structured ap-
tur, setiap potensi risiko dapat diidentifikasi dan dimitigasi se-   proach, each potential risk can be accurately and effectively iden-
cara akurat dan tepat untuk menjaga stabilitas operasional serta     tified and mitigated to maintain operational stability and sup-
mendukung keberlanjutan usaha.                                       port business sustainability.


Perseroan melakukan peninjauan menajemen risiko secara               The Company conducts regular risk management reviews to
berkala agar dapat memastikan strategi mitigasi tetap sesuai         ensure that mitigation strategies remain aligned with develop-
dengan perkembangan dan perubahan kondisi eksternal mau-             ments and changes in both external and internal conditions.
pun internal. Manajemen berkomitmen untuk selalu mem-                Management is committed to continuously strengthening the
perkuat sistem manajemen risiko agar tetap adaptif dan respon-       risk management system to remain adaptive and responsive to
sif terhadap dinamika bisnis di masa mendatang.                      future business dynamics.



PERKARA HUKUM                                                        LITIGATIONS
Perseroan menghadapi sejumlah perkara hukum baik secara              The Company faces several legal cases, both directly and indirect-
langsung maupun tidak langsung melalui entitas anak Peru-            ly through its subsidiaries. These legal cases include civil disputes
sahaan. Perkara-perkara hukum tersebut mencakup perkara              that have entered the judicial process and may potentially have
perdata yang telah masuk proses peradilan dan dapat berpo-           either a significant or negligible impact on the Company.
tensi membawa dampak singnifikan maupun tidak terhadap
Perseroan.


Berikut daftar perkara hukum di tahun 2024:                          Here is the list of legal cases in 2024:
1. PT Taman Harapan Indah (THI), entitas anak, mengajukan            1. PT Taman Harapan Indah (THI), a subsidiary, filed three (3)
     tiga (3) gugatan kepada pihak-pihak ketiga, yaitu:                   lawsuits against third parties, follows:
     a.    Gugatan kepada Gubernur DKI Jakarta di Pengadi-                a.    Lawsuit against the Governor of DKI Jakarta at the
           lan Tata Usaha Negara (PTUN) Jakarta dalam kaitan-                   Court of Tata Usaha Negara (PTUN) Jakarta in connec-
           nya dengan Keputusan Gubernur DKI Jakarta No.                        tion with the Decree of the Governor of DKI Jakarta
           1409 Tahun 2018 tanggal 6 September 2018 yang                        No. 1409 Year 2018 dated September 6, 2018 which
           mencabut Surat Keputusan Gubernur DKI Jakarta                        revoked the Decree of the Governor of DKI Jakarta No.
           No. 2637 Tahun 2015 tanggal 30 November 2015                         2637 Year 2015 dated November 30, 2015 concerning
           tentang Pemberian Izin Pelaksanaan Reklamasi Pu-                     Granting of Permit for Pulau H Reclamation Imple-
           lau H kepada THI. Sengketa ini terdaftar dengan No.                  mentation to THI. This dispute is registered with No.
           24/G/2019/PTUN Jakarta dan dalam proses banding                      24/G/2019/PTUN Jakarta and in the appeal process
           karena Gubernur DKI Jakarta keberatan terhadap pu-                   because of the Governor of DKI Jakarta objected to the
           tusan PTUN Jakarta yang memenangkan gugatan THI.                     PTUN Jakarta’s decision which THI won the lawsuit.


          Banding telah diputus PTUN Jakarta pada tang-                         The appeal has been decided by PTUN Jakar-
          gal 2 Desember 2019 dalam nomor putu-                                 ta on December 2, 2019 in the appeal deci-
          san banding No. 268/B/2019/PTUN-JKT den-                              sion number No. 268/B/2019/PTUN-JKT with
          gan putusannya, membatalkan putusan PTUN                              its decision, canceling the decision of PTUN Ja-
          Jakarta No. 24/6/2019/PTUN tanggal 9 Juli 2019.                       karta No. 24/6/2019/PTUN on July 9, 2019.


          Atas putusan tersebut, pada tanggal 23 De-                            In lieu of this decision, THI has filed another ap-
          sember 2019, THI telah mengajukan kasasi ke                           peal to the Supreme Court on December 23,
          Mahkamah Agung. Hasil kasasi ini diputuskan                           2019. The Supreme Court issued the deci-
          oleh Mahkamah Agung dengan surat putusan                              sion letter No. 227/K/TUN/2020 dated June 4,
          No. 227/K/TUN/2020 tanggal 4 Juni 2020 den-                           2020 with the decision rejecting THI’s appeal.
          gan putusannya menolak permohonan kasasi THI.


          THI melalui kuasa hukumnya melakukan upaya hu-                        THI through its legal counsel took legal action by
          kum dengan mengajukan Peninjauan Kembali (PK)                         submitting a Judicial Review (PK) of the Supreme
          atas Putusan MA tersebut. Hasil PK ini diputuskan                     Court’s Decision. The result of this PK were decided
          oleh Mahkamah Agung dengan surat putusan No.                          by the Supreme Court with a decision letter No. 84/
          84/PK/TUN/2021 tanggal 19 Agustus 2021 dengan                         PK/TUN/2021 dated August 19, 2021 with its decision
          putusannya membatalkan hasil Putusan Mahkamah                         cancelling the results of the Supreme Court’s Deci-


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      Tata Kelola Perusahaan yang Baik                                                                       Laporan Tahunan | Annual Report 2024


                Agung No. 227/K/TUN/2020 tanggal 4 Juni 2020                      sion No. 227/K/TUN/2020 dated June 4, 2020 and the
                dan Keputusan Gubernur DKI Jakarta No. 1409 Tahun                 Decree of the Governor of DKI Jakarta No. 1409 Year
                2018 tanggal 6 September 2018 tentang pembe-                      2018 dated September 6, 2018 concerning the grant-
                rian izin pelaksanaan reklamasi Pulau H kepada THI.               ing of permits for the reclamation of Pulau H to THI.


                Atas hasil putusan PK tersebut, manajemen THI telah               Based on the results of the PK decision, THI manage-
                mengirimkan surat kepada Gubernur DKI Jakarta                     ment has sent a letter to the Governor of DKI Jakarta
                pada tanggal 14 Desember 2021 meminta permo-                      on December 14, 2021 request for further directions
                honan arahan selanjutnya atas proses dan prosedur                 on the processes and procedures that must be fol-
                yang harus ditempuh terkait dengan pelaksanaan                    lowed in relation to the implementation of the re-
                reklamasi Pulau H. Manajemen THI telah menerima                   clamation of Pulau H. THI management has received
                tanggapan surat tersebut dari Gubernur DKI Jakarta                a response to the letter from the Governor of DKI
                pada tanggal 8 Juni 2022 yang berisikan penegasan                 Jakarta on June 8, 2022 which contains an affirma-
                bahwa pada prinsipnya Pemerintah Provinsi DKI Jakar-              tion that in principle the Provincial Government of
                ta taat hukum dan ketentuan peraturan perundang-                  DKI Jakarta obeys the law and the provisions of laws
                undangan serta menghormati hasil proses peradilan                 and regulations and respect the results of the judi-
                termasuk Putusan Peninjauan Kembali Mahkamah                      cial process including the Judicial Review Decision
                Agung Republik Indonesia Nomor 84 PK/TUN/2021                     of the Supreme Court of the Republic of Indonesia
                tanggal 19 Agustus 2021.                                          Number 84 PK/TUN/2021 dated August 19, 2021.


           b.   Gugatan kepada Badan Pertanahan Nasional (BPN)               b.   Lawsuit against Badan Pertanahan Nasional (BPN)
                terkait Surat Keputusan No. 1/PTT-HGB/KEM-ART/                    regarding Decree No. 1/PTT-HGB/KEM-ART/BPN/
                BPN/IV/2019 tanggal 22 April 2019 dari Kementrian                 IV/2019 dated April 22, 2019 from the Agrarian Min-
                Agraria yang menetapkan tanah milik THI di Tegal                  istry which established THI’s land in Tegal Ratu, Ci-
                Ratu, Ciwandan dengan SHGB No. 17 dan luas tanah                  wandan with SHGB No. 17 and with total area of
                68.028 m2 sebagai tanah terlantar. PTUN Jakarta me-               68,028 square meters, as an abandoned land. PTUN
                menangkan gugatan THI berdasarkan Putusan No.                     Jakarta won the THI lawsuit based on Decision No.
                159/G/2019/PTUN/JKT. Perkara ini masih berlanjut                  159/G/2019/PTUN/JKT. This case is still ongoing be-
                oleh karena BPN melakukan banding atas putusan                    cause BPN has appealed the decision and is currently
                tersebut dan saat ini sedang dalam pemeriksaan di                 being investigated at the Supreme Court level. The to-
                Tingkat Mahkamah Agung. Adapun jumlah nilai tanah                 tal dispute land value amounted to Rp 20,581,115,316.
                yang dipersengketakan sebesar Rp 20.581.115.316.


           c.   Gugatan kasasi kepada Kudun, Muryati, dan Mawi               c.   Lawsuit against Kudun, Muryati, and Mawi (heirs of
                (ahli waris dari Hj. Alimah Suja alias Alisma Sudja)              Hj. Alimah Suja as known as Alisma Sudja) (Defend-
                (Tergugat) terkait putusan Pengadilan Tinggi DKI Ja-              ant) regarding the decision of the DKI Jakarta High
                karta No. 244/Pdt/2021/PT DKI tanggal 30 Juli 2021                Court No. 244/Pdt/2021/PT DKI dated July 30, 2021
                yang menetapkan bahwa objek sengketa berdasarkan                  which stipulates that the object dispute based on
                SHM Nomor 02282 atas nama Alisma Sudja adalah                     SHM Number 02282 in the name of Alisma Sudja is
                milik sah Tergugat. Bahwa perbuatan Penggugat yang                the legal property of the Defendant. That the actions
                telah menguasai tanah objek sengketa sejak tahun                  of the Plaintiff, who has controlled the land subject to
                1989, tanpa alas hak yang sah berupa surat peralihan              dispute since 1989, without a legal basis in the form
                hak dari pemilik kepada Penggugat adalah perbuatan                of a letter of transfer of rights from the owner to the
                melawan hukum. Perkara sudah diputus pada tanggal                 Plaintiff, is an unlawful act. The case was decided on
                30 November 2022 dengan hasil putusannya menolak                  November 30, 2022 with the result of the decision re-
                permohonan kasasi Penggugat. Atas putusan kasasi                  jecting the Plaintiff’s cassation request. Based on the
                tersebut, Penggugat berencana mengajukan Penin-                   cassation decision, the Plaintiff plans to submit a judi-
                jauan Kembali ke Mahkamah Agung. Sampai dengan                    cial review to the Supreme Court. As of the completion
                tanggal penyelesaian laporan keuangan konsolida-                  date of the consolidated financial statements, the case
                sian, perkara tersebut masih dalam proses pengajuan               is still in the process of submitting a judicial review.
                Peninjauan Kembali. Adapun jumlah nilai tanah yang                The total value of the dispute is Rp 15,600,000,000.
                dipersengketakan sebesar Rp 15.600.000.000.


      2.   PT Intiland Grande (IG), entitas anak, menghadapi guga-      2.   PT Intiland Grande (IG), a subsidiary, is facing a cassa-
           tan kasasi dari pihak ketiga berdasarkan perkara No. 884/         tion lawsuit from third parties based on case No. 884/
           Pdt.G/2020/ PN.Sby terkait sebidang tanah pekarangan              Pdt.G/2020/PN.Sby related to a plot of land with an area
           seluas 1.770 m2 yang terletak di Persil No.34/13 Klas II          of 1,770 square meters located at Persil No.34/13 Class II
           No blok 29b, Lontar, Surabaya. Hasil kasasi ini diputuskan        No. blok 29b, Lontar, Surabaya. The Supreme Court issued
           oleh Mahkamah Agung dengan surat putusan No. 3332 K/              the decision letter No.3332 K/Pdt/2024 dated September 3,
           Pdt/2024 tanggal 3 September 2024 dengan putusannya               2024 with its decision rejecting the cassation request from
           menolak permohonan kasasi dari pihak ketiga.                      the third parties.


      3.   PT Grande Family View (GFV), entitas anak, menghadapi        3.   PT Grande Family View (GFV), a subsidiary, is facing a lawsuit
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     gugatan Perbuatan Melanggar Hukum dari pihak ketiga di             against unlawful acts from third party at the Surabaya Dis-
     Pengadilan Negeri Surabaya dengan nomor perkara 1101/              trict Court with case number 1101/Pdt.G/2021/PN.Sby re-
     Pdt.G/2021/PN.Sby terkait dengan objek sebidang tanah              lated to the object of a plot of land and building with SHGB
     dan bangunan rumah dengan SHGB No. 7262/Kelurahan                  No. 7262/Babatan Village with an area of 375 square me-
     Babatan seluas 375 m2. Adapun jumlah nilai sengketa sebe-          ters. The total value of the dispute is Rp 13,474,000,000. On
     sar Rp 13.474.000.000. Pada tanggal 31 Agustus 2022 putu-          August 31, 2022 the court’s decision declared the lawsuit
     san pengadilan menyatakan gugatan tidak dapat diterima.            unacceptable. The plaintiff then made an appeal on Sep-
     Penggugat kemudian melakukan banding pada tanggal                  tember 14, 2022. As of the completion date of the consoli-
     14 September 2022. Sampai dengan tanggal penyelesaian              dated financial statements, this case is still under appeal.
     laporan keuangan konsolidasian, perkara tersebut masih
     dalam pemeriksaan banding.


Perseroan berkeyakinan bahwa perkara-perkara hukum yang            The Company believes that the legal cases faced may have an im-
dihadapi memiliki dampak terhadap Perseroan, namun tidak           pact on the Company; however, they are not material enough to
bersifat material sehingga dapat mempengaruhi kelangsungan         affect the Company’s continuity.
Perseroan.



SANKSI ADMINISTRATIF                                               ADMINISTRATIVE SANCTION
Perseroan maupun anggota Dewan Komisaris atau Direksi tidak        The Company or members of the Board of Commissioners or the
menerima sanksi administratif apapun dari pihak otoritas terkait   Directors did not receive any administrative sanctions imposed
di tahun 2024.                                                     by the relevant authorities in 2024.



KODE ETIK PERUSAHAAN                                               CODE OF CONDUCT
Kode Etik Perusahaan memuat tentang standar norma dan etika        The Company’s Code of Conduct contains the norms and stan-
bisnis yang berlaku di Intiland sebagai perwujudan nilai-nilai     dards of business ethics that apply at Intiland as the embodiment
Perusahaan. Kode Etik merupakan panduan bagi seluruh organ         of the Company’s values. The Code of Conduct is a guide for all
Perusahaan dalam bersikap, berperilaku, dan mengambil kepu-        Company organs in behaving and making decisions. In carrying
tusan. Dalam melaksanakan tugas dan tanggung jawab sebagai         out their duties and responsibilities as individuals in the Compa-
individu Perusahaan, maka seluruh organ Perusahaan, mulai dari     ny, all Company organs, starting from the Board of Commission-
Dewan Komisaris, Direksi, maupun seluruh karyawan wajib men-       ers, Directors, and all employees, must refer to the Company’s
gacu pada Kode Etik Perusahaan.                                    Code of Conduct.



ISI POKOK KODE ETIK                                                THE SUBSTANCE OF THE CODE OF CONDUCT
Pokok-pokok Kode Etik Intiland mencakup antara lain:               The key points of the Company’s Code of Conduct are as follows:
1. Etos kerja.                                                     1. Work ethics.
2. Komunikasi terbuka.                                             2. Open communication.
3. Perbuatan tercela.                                              3. Disgraceful act.
4. Informasi rahasia.                                              4. Confidential information.
5. Kesehatan dan keselamatan kerja.                                5. Occupational Health and Safety.
6. Penggunaan atau pemanfaatan sarana dan fasilitas milik          6. Utilization of Intiland’s means and facilities.
    Intiland.
7. Benturan kepentingan yang menyangkut:                           7.   Conflict of interest regarding the following:
     •    Pekerjaan sampingan.                                          •     Side job.
     •    Hubungan keluarga.                                            •     Familial relationship.
     •    Menerima hadiah, komisi, jamuan makan, gathering,             •     Receiving gifts, commission, invitation to meals and
          hiburan, dan perjalanan.                                            to gatherings, entertainment, and traveling package.
8. Menerima suap dan korupsi.                                      8.   Receiving bribe and corruption.
9. Penggunaan perangkat komputer, piranti lunak, surel, dan        9.   Utilization of computers, software, email, and social media.
    media sosial.



SOSIALISASI DAN PELAKSANAAN KODE ETIK                              CODE OF CONDUCT DISSEMINATION AND ENFORCE-
                                                                   MENT
Kode Etik Perusahaan disosialisasikan kepada seluruh karyawan,     The Company’s Code of Conduct is disseminated to all employ-
dan setiap karyawan dapat mengaksesnya melalui Sistem Infor-       ees and each employee can access the Company’s Code of Ethics
masi Sumber Daya Manusia. Prinsip-prinsip terpenting dari Kode     in the Human Capital Information System. The principal points
Etik Perusahaan juga ditegaskan di dalam perjanjian kerja kar-     of the Company’s Code of Conduct are stated in the employee




                                                                                                                                        267
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      Tata Kelola Perusahaan yang Baik                                                                          Laporan Tahunan | Annual Report 2024


      yawan serta Peraturan Perusahaan. Perusahaan memberlakukan          employment agreement and Company Regulations. The sanc-
      sanksi secara tegas terhadap pelanggaran terhadap Kode Etik.        tions enforced for violations of the Code of Conduct are strictly
                                                                          enforced by the Company.


      Pada tahun 2024, Perseroan menyelenggarakan serangkaian pro-        In 2024, the Company organized a series of dissimilation pro-
      gram kegiatan sosialisasi Kode Etik kepada para karyawan. Pro-      grams on the Code of Conduct for its employees. These programs
      gram tersebut antara lain meliputi kegiatan pelatihan, diskusi,     included activities such as training, discussions, and the distribu-
      dan distribusi informasi melalui aplikasi modul pembelajaran        tion of information through the Gladis learning module applica-
      Gladis.                                                             tion.



      SANKSI YANG DIATUR PADA KODE ETIK                                   SANCTIONS REGULATED IN THE CODE OF CONDUCT
      Dalam upaya penegakan Kode Etik, Perseroan memiliki standar         The sanctions regulated in the Code of Conduct has their refer-
      sanksi untuk pelanggaran yang terjadi. Sanksi tersebut diatur       ence to:
      dalam Kode Etik yang mengacu pada:
      1. Peraturan Perusahaan Intiland yang khusus mengatur ten-          1.   The Intiland Company Regulations that specifically govern
           tang Pelanggaran Peraturan, Disiplin dan Jenis-Jenis Sanksi.        violations of regulations, discipline, and types of sanctions.
      2. Undang-Undang Nomor 13 Tahun 2003 tentang Ketenaga-              2.   Manpower Act or Law No.13 Year 2003.
           kerjaan.



      PELANGGARAN KODE ETIK                                               CODE OF CONDUCT VIOLATION
      Sepanjang tahun 2024, tidak terdapat pelanggaran Kode Etik          In 2024, there were no violations of the Code of Conduct by Inti-
      oleh karyawan Intiland.                                             land employees.



      KEBIJAKAN PEMBERIAN KOMPENSASI JANGKA PAN-                          LONG-TERM COMPENSATION POLICY
      JANG
      Hingga akhir tahun 2024, Perseroan belum memiliki program           Until the end of 2024, the Company has not yet implemented
      pemberian kompensasi jangka panjang, antara lain berupa pro-        a long-term compensation program, including employee stock
      gram kepemilikan saham untuk karyawan (employee stock own-          ownership programs (ESOP) and management stock ownership
      ership program/ESOP) maupun manajemen (management stock             programs (MSOP).
      ownership program/MSOP).



      KEBIJAKAN PENGUNGKAPAN INFORMASI                                    INFORMATION DISCLOSURE POLICY

      Kepemilikan Saham Anggota Dewan Komisaris dan                       Share Ownership of Members of the Board of Com-
      Direksi                                                             missioners and the Directors
      Sesuai Peraturan OJK Nomor 4 Tahun 2024 tentang Laporan             According to OJK Regulation No. 4 of 2024 regarding The Report
      Kepemilikan atau Setiap Perubahan Kepemilikan Saham Perusa-         of Share Ownership or Any Changes of Share Ownership of Pu-
      haan Terbuka dan Laporan Aktivitas Menjaminkan Saham Peru-          blic Company, and the Report on Share Pledge Activities of Public
      sahaan Terbuka, Anggota Direksi atau anggota Dewan Komisaris        Companies, members of the Directors or Board of Commissioners
      diwajibkan untuk melaporkan kepada OJK mengenai kepemilikan         are required to report to OJK regarding their share ownership in
      saham Perusahaan Terbuka dan setiap perubahan kepemilikan-          the Public Company and any changes in such ownership, wheth-
      nya, baik secara langsung maupun tidak langsung. Kewajiban          er direct or indirect. This reporting obligation must be fulfilled
      atas pelaporan tersebut paling lambat 5 (lima) hari kerja sejak     no later than 5 (five) business days after the occurrence of the
      terjadinya perubahan kepemilikan hak suara atas saham atau          change in voting rights over the shares or any change in voting
      setiap perubahan kepemilikan hak suara atas saham Perusahaan        rights over the shares of the Public Company.
      Terbuka.
                                                                          The Company has established policies regarding the obligations
      Perseroan telah mengatur kebijakan terkait kewajiban anggota        of members of the Directors and the Board of Commissioners
      Direksi dan anggota Dewan Komisaris dalam menyampaikan ke-          to report to the Company regarding share ownership and any
      pada Perseroan atas kepemilikan saham dan setiap perubahan          changes in ownership within 2 (two) working days after the
      kepemilikannya dalam waktu 2 (dua) hari kerja setelah terjadinya    change or ownership occurs. This policy is also included in the
      perubahan atau kepemilikan. Kebijakan tersebut juga terdapat        Company’s Board Charter.
      pada Piagam Komisaris dan Piagam Direksi Perseroan.




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Berikut pelaksanaan atas kebijakan yang dimaksud di tahun           Here are the implementations of the policy in 2024:
2024:
•    Bapak Hendro S Gondokusumo selaku Direktur Utama telah         •    Mr. Hendro S. Gondokusumo as President Director directly
     melakukan pembelian saham Perseroan secara langsung                 purchased shares of the Company totaling 260 million
     sebanyak 260 juta lembar saham pada 30 Mei 2024, dan                shares on May 30, 2024 and reported to the Company and
     telah melaporkan kepada Perseroan dan OJK pada tanggal              the OJK on June 3, 2024.
     03 Juni 2024.
•    Bapak Hendro S Gondokusumo selaku Direktur Utama telah         •    Mr. Hendro S. Gondokusumo as President Director directly
     melakukan pembelian saham Perseroan secara langsung                 purchased shares of the Company totaling 23.4 million
     sebanyak 23,4 juta lembar saham pada 20 Juni 2024, dan              shares on June 20, 2024 and reported to the Company and
     telah melaporkan kepada Perseroan dan OJK pada tanggal              OJK on June 21, 2024.
     21 Juni 2024.
•    Bapak Hendro S Gondokusumo selaku Direktur Utama telah         •    Mr. Hendro S. Gondokusumo, as President Director, trans-
     melakukan pemindahan sebagian kepemilikan saham se-                 ferred part of the share ownership directly to indirect
     cara langsung menjadi kepemilikan tidak langsung seba-              ownership totaling 23.4 million shares on June 21, 2024.
     nyak 23,4 juta lembar saham pada 21 Juni 2024.
•    Bapak Hendro S Gondokusumo selaku Direktur Utama telah         •    Mr. Hendro S. Gondokusumo as President Director directly
     melakukan pembelian saham Perseroan secara langsung                 purchased shares of the Company totaling 17.9 million
     sebanyak 17,9 juta lembar saham pada 25 Juni 2024, dan              shares on June 25, 2024 and reported to the Company and
     telah melaporkan kepada Perseroan dan OJK pada tanggal              OJK on June 26, 2024.
     26 Juni 2024.
•    Bapak Hendro S Gondokusumo selaku Direktur Utama               •    Mr. Hendro S. Gondokusumo, as President Director, trans-
     telah melakukan pemindahan sebagian kepemilikan sa-                 ferred part of the share ownership directly to indirect own-
     ham secara langsung menjadi kepemilikan tidak langsung              ership totaling 17.9 million shares on June 25, 2024 and re-
     sebanyak 17,9 juta lembar saham pada 25 Juni 2024 dan               ported to the Company and OJK on June 26, 2024.
     dilaporkan ke Perseroan dan OJK pada tanggal 26 Juni 2024.
•    Bapak Hendro S Gondokusumo selaku Direktur Utama telah         •    Mr. Hendro S. Gondokusumo, as President Director, trans-
     melakukan pemindahan sebagian kepemilikan saham se-                 ferred part of the share ownership directly to indirect own-
     cara langsung menjadi kepemilikan tidak langsung seba-              ership totaling 260 million shares on October 29, 2024 and
     nyak 260 juta lembar saham pada 29 Oktober 2024 dan                 reported to the Company and OJK on November 1, 2024 and
     telah dilaporkan ke Perseroan dan OJK pada 1 November               revised on November 6, 2024.
     2024 dan direvisi pada 6 November 2024.


Seluruh kepemilikan saham anggota Direksi dan anggota Dewan         All share ownership of members of the Directors and the Board
Komisaris dan setiap perubahannya telah dilaporan kepada OJK        of Commissioners and any changes therein have been reported
sesuai aturan yang berlaku melalui Sistem Pelaporan Elektronik      to the OJK in accordance with applicable regulations through the
(SPE).                                                              Electronic Reporting System (SPE).



Sistem Pelaporan Pelanggaran                                        Whistleblowing System
Perseroan berkomitmen untuk mematuhi dan menjalankan ke-            The Company is committed to complying with all principles of
seluruhan prinsip-prinsip Tata Kelola Perusahaan yang Baik di se-   Good Corporate Governance throughout the Company. One of
luruh lingkungan Perusahaan. Hal ini dibuktikan dengan perwu-       these commitments is realized by having procedures for report-
judan prosedur pelaporan pelanggaran atau kejanggalan yang          ing violations or irregularities that have the potential to violate
berpotensi mencederai prinsip-prinsip tersebut.                     these principles.


Dengan adanya sistem Pelaporan Pelanggaran, pihak internal          With the Whistleblowing System in place, both internal and
dan eksternal Perusahaan berwajiban melaporkan bilamana             external parties of the Company are obligated to report if they
mengetahui, melihat, atau menemukan adanya indikasi kecura-         know, see, or find any indications of fraud or violations that could
ngan, pelanggaran yang dapat berpotensi merugikan Perusa-           potentially harm the Company, both financially and non-finan-
haan baik secara finansial maupun non-finansial. Penerapan sis-     cially. The implementation of the Whistleblowing System is a key
tem Pelaporan Pelanggaran merupakan salah satu elemen kunci         element for the Company to maintain or enhance transparency
bagi Perseroan untuk menjaga atau meningkatkan transparansi         and combat practices that could undermine the Company’s ac-
Perusahaan dan memerangi praktik yang dapat merusak kegiat-         tivities and reputation.
an serta reputasi Perusahaan.


Audit Internal berperan aktif dengan mengimplementasikan sis-       The Internal Audit plays an active role in implementing the
tem Pelaporan Pelanggaran. Tujuan dari sistem ini adalah untuk      Whistleblowing System. The purpose of this system is to provide
menyediakan sarana komunikasi yang memungkinkan pihak-              a communication channel that allows relevant parties to report
pihak terkait memberikan informasi mengenai pelanggaran             any violations occurring within the Company.
yang terjadi di dalam Perseroan.


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      Sistem Pelaporan Pelangaran berlaku untuk karyawan dan Pe-         The implementation of this whistleblowing system is applicable
      mangku Kepentingan Perseroan. Pelanggaran yang dimaksud            to all employees and stakeholders. Violation defined in this sys-
      dalam sistem ini adalah setiap penyimpangan terhadap ketentu-      tem is any deviation on the Company’s regulations in relation to
      an Perseroan yang terkait keuangan dan non-keuangan yang di-       financial matters, either done privately or in group, to gain per-
      lakukan secara pribadi dan/atau kelompok untuk mendapatkan         sonal and/or group benefit that may harm the Company.
      keuntungan pribadi dan/atau kelompok yang dapat merugikan
      perusahaan.


      1.   Saluran Pengaduan                                             1.   Whistleblowing Channel
           •    Email : peduliperusahaan@intiland.com                         •   Email: peduliperusahaan@intiland.com
           •    SMS : 081318000 921 (Kepala Audit Internal)                   •   Text: 081318000921 (Head of Internal Audit)


      2.   Prosedur Pengaduan Pelanggaran                                2.   Whistleblowing Procedure
           •    Pelapor menyampaikan laporannya melalui saluran               •   Whistleblower shall submit the report through one of
                yang telah disediakan di atas.                                    the channels provided above.
           •    Setiap laporan yang masuk ditindaklanjuti oleh Kepa-          •   Each incoming report will be followed up by the Head
                la Audit Internal dalam waktu selambat-lambatnya                  of Internal Audit within 3 working days at the latest;
                3 hari kerja berupa konfirmasi kepada Pelapor untuk               in the form of confirmation to the Whistleblower to
                memperjelas materi laporan beserta bukti-buktinya.                clarify report material together with the evidence.
           •    Selanjutnya, Kepala Audit Internal membuat resume             •   Then, the Head of Internal Auditor draws up a resume
                dalam waktu selambat-lambatnya 1 (satu) bulan un-                 within 1 (one) month at the latest to be submitted to
                tuk kemudian disampaikan kepada Direktur Utama                    the President Director in order to determine the deci-
                untuk mendapatkan keputusan tindakan apa yang                     sion that must be taken.
                akan diambil.                                                 •   A report is submitted periodically (monthly) to the
           •    Secara berkala (bulanan) dibuat laporan kepada                    Audit Committee regarding the development and the
                Komite Audit mengenai perkembangan maupun Pe-                     management of the whistleblowing report.
                nanganan Laporan Pengaduan yang masuk.


      3.   Perlindungan Pelapor                                          3.   Whistleblower Protection
           Audit Internal harus melindungi dan merahasiakan identi-           Internal Audit is obliged to protect and keep the confidenti-
           tas pelapor sebagai hal penting dalam proses Whistleblow-          ality of the whistleblower’s identity as it is an essential as-
           ing System. Beberapa aspek yang harus diperhatikan terkait         pect in Whistleblowing System’s process. Several important
           perlindungan bagi pelapor antara lain:                             matters regarding whistleblower protection are:
           •     Identitas Pelapor dijamin kerahasiaan oleh peru-             •     Confidentiality assurance over Whistleblower’s Iden-
                 sahaan ( jika perlu identitas pelapor dapat bersifat               tity by the Company (if necessary, the identity may be
                 anonimous/anonim/tanpa nama);                                      made anonymous);
           •     Perusahaan menjamin perlindungan terhadap Pelapor            •     The Company provides assurance for Whistleblower
                 dari segala bentuk ancaman, intimidasi, ataupun tin-               against any type of threat, intimidation, or unwanted
                 dakan tidak menyenangkan dari pihak manapun se-                    action from any other party as long as the whistle-
                 lama Pelapor menjaga kerahasiaan pelanggaran yang                  blower keeps the confidentiality of such report from
                 diadukan kepada pihak manapun; dan                                 any party; and
           •     Perlindungan terhadap Pelapor juga berlaku bagi para         •     Whistleblower Protection also applies to parties con-
                 pihak yang melaksanakan investigasi maupun pihak-                  ducting the investigation and those giving informa-
                 pihak yang memberikan informasi terkait dengan                     tion related to such report/disclosure.
                 pengaduan/penyingkapan tersebut.


      4.   Penanganan Pengaduan                                          4.   Follow-up of Whistleblowing
           Perusahaan telah menetapkan prosedur yang jelas un-                The Company has established clear procedures for handling
           tuk menangani pengaduan pelanggaran melalui sistem                 violation complaints through the Whistleblowing system.
           Whistleblowing. Setiap pengaduan yang diterima akan                Each complaint received will be processed according to the
           diproses sesuai prosedur oleh Kepala Audit Internal. Prose-        procedure by the Head of Internal Audit. This complaint pro-
           dur pengaduan ini memastikan setiap laporan ditangani              cedure ensures that every report is handled seriously and
           dengan serius dan tepat waktu, serta memberikan perlin-            promptly, while also providing protection to the whistle-
           dungan kepada pelapor agar identitas mereka tetap terjaga          blower to maintain the confidentiality of their identity. The
           kerahasiaannya. Adapun gambaran proses penanganan                  following is an overview of the complaint handling process:
           pengaduan sebagai berikut:


           •    Setelah unit Audit Internal mendapatkan materi dan            •    After the Internal Audit unit obtains clear materials
                bukti yang jelas mengenai laporan, Kepala Audit In-                and evidence regarding the report, the Head of Inter-
                ternal membuat resume dalam waktu selambat-lam-                    nal Audit will prepare a summary within a maximum


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          batnya 1 bulan untuk kemudian disampaikan kepada                     of one month, which will then be submitted to the
          Direktur Utama untuk mendapatkan keputusan Tin-                      President Director for a decision on what actions will
          dakan apa yang akan diambil.                                         be taken.
     •    Selain itu, secara berkala (bulanan) dibuat laporan ke-        •     In addition, a report is made on a monthly basis to the
          pada Komite Audit mengenai perkembangan maupun                       Audit Committee regarding the progress and handling
          penanganan laporan pengaduan yang masuk.                             of incoming complaint reports.


5.   Pihak yang Mengelola Pengaduan                                 5.   Party Responsible for Managing of Whistleblowing
     Pengaduan dikelola langsung oleh Kepala Audit Internal              Whistleblowing is directly managed by the Head of Internal
     Perseroan.                                                          Audit of the Company.


6.   Jumlah Pengaduan                                               6.   The Number of Report
     Pada tahun 2024, unit Audit Internal menerima 5 (lima)              In 2024, the Internal Audit unit received 5 (five) whistleblow-
     laporan pengaduan yang disampaikan melalui saluran surel            ing reports submitted via email and whatsApp channels. All
     maupun whatsapp. Seluruh laporan tersebut telah ditindak            of these reports have been properly followed up. Below are
     lanjuti dengan baik. berikut detail rincian untuk masing-           the details for each report:
     masing laporan:
     •    2 (dua) diantaranya merupakan laporan ketidakpua-              •     2 (two) of them were complaints from consumers re-
          san dari konsumen.                                                   garding dissatisfaction.
           Status: telah diteruskan kepada proyek terkait dan su-              Status: forwarded to the relevant project and have
           dah diselesaikan.                                                   been resolved.
     •    1 (satu) laporan internal mengenai kecurigaan fraud.           •     1 (one) internal report regarding suspected fraud.
          Status: sudah ditangani dan hasilnya tidak ditemukan                 Status: handled, and no fraud was found.
          adanya fraud.
     •    2 (dua) laporan lainnya berasal dari eksternal.                •     2 (two) other reports were from external parties.
           Status: sudah ditangani dan diusulkan untuk perbai-                 Status: handled and proposed for procedure improve-
           kan prosedur serta sosialisasi kepada tenant.                       ments and socialization to tenants.


Perseroan memastikan sistem pelaporan pelanggaran berjalan          The Company ensures that the whistleblowing system operates
dengan efektif dan sesuai prosedur yang berlaku. Setiap laporan     effectively and in accordance with the applicable procedures.
pelanggaran yang diterima akan ditindaklanjuti dengan serius        Every reported violation will be followed up seriously and trans-
dan transparan untuk mewujudkan terciptanya tata kelola yang        parently to ensure the creation of good governance within the
baik pada lingkungan Perusahaan.                                    Company’s environment.



KEBIJAKAN ANTI KORUPSI                                              ANTI-CORRUPTION POLICY
Intiland secara berkesinambungan memberikan edukasi dan             Intiland continuously provides education and dissemination re-
sosialiasai Kebijakan Anti Korupsi kepada berbagai pihak, ter-      garding anticorruption policies to various parties, both internal
masuk internal (karyawan) dan eksternal (kontraktor, mitra kerja,   (employees) and external (contractors, partners, vendors, etc.).
pemasok, dsb.). Kebijakan Anti Korupsi yang termaktub dalam         The anticorruption policy stated in the Integrity Pact has been
Pakta Integritas telah dibaca serta dilakukan penandatanganan       read and signed by all employees as well as external parties re-
oleh seluruh karyawan dan pihak eksternal yang terlibat dengan      lated to the Company.
Perseroan.


Kebijakan Anti Korupsi, Kolusi, dan Nepotisme (KKN) yang dimuat     The Integrity Pact contains policies against Corruption, Collusion,
dalam Pakta Integritas telah dibaca dan ditandatangani oleh kar-    and Nepotism which have been read and signed by employees.
yawan. Perseroan akan menindak tegas karyawan yang terbukti         The Company takes firm action against employees who are pro-
melakukan penyimpangan, dengan cara pemutusan hubungan              ven to have committed such conduct, namely through dishonor-
kerja secara tidak hormat.                                          able termination of employment.



KEBIJAKAN GRATIFIKASI                                               GRATIFICATION POLICY
Pakta Integritas juga mengatur tentang kebijakan gratifikasi        The Integrity Pact regulates the gratification policy, which can be
yang dapat dibaca dan dipahami terlebih dahulu oleh seluruh         read and shall be understood by all employees before they sign
karyawan sebelum menandatanganinya. Kebijakan gratifikasi           the Pact. The gratification policy stipulates that the Company’s
mengatur karyawan agar tidak melakukan tindakan yang masuk          employees shall not take any actions that can be considered as
pada golongan gratifikasi di antaranya menerima keuntungan          gratification, including receiving benefits or inducements in any
atau bujukan dalam bentuk apapun dari pihak ketiga. Perseroan       form from third parties. The Company does not hesitate to take
tidak segan-segan menindak tegas setiap karyawan yang terbuk-       firm action against every employee who is proven to have re-
ti menerima gratifikasi.                                            ceived gratuities.




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      Perseroan juga menginformasikan terkait kebijakan gratifikasi     The Company also always conveys information related to this
      kepada pihak ketiga yang akan menjalin kerjasama. Seluruh         policy to third parties who will cooperate with the Company. Each
      pihak wajib mendukung komitmen ini dengan cara memahami,          party that cooperates with the Company must support this com-
      menyetujui dan menandatangani Pakta Integritas tersebut.          mitment by signing the Integrity Pact.



      KEBIJAKAN PROSEDUR MELAKUKAN PINJAMAN KE-                         PROCEDURE POLICY ON BORROWING LOAN FROM
      PADA KREDITUR                                                     CREDITOR
      Perseroan memperhatikan segala aspek yang mempengaruhi            The Company constantly takes into account all aspects that in-
      kinerja maupun tingkat risiko dalam melakukan pinjaman ke-        fluence performance or risk level when obtaining loans from
      pada pihak kreditur. Dalam menjalankan kebijakan sistem dan       creditors. In conducting the policy of loan, application system
      prosedur pengajuan pinjaman kepada pihak kreditur, Perseroan      and procedure to the creditor, the Company also considers in de-
      telah mempertimbangkan secara rinci faktor-faktor yang dapat      tail various factors that affect the continuity of the Company, as
      mempengaruhi keberlangsungan Perusahaan, serta senantiasa         well as continuously maintains and respects creditor’s trust and
      menjaga kepercayaan dan hak-hak kreditur. Upaya ini dilakukan     rights. With such conduct, it is expected that the Company’s busi-
      dengan harapan agar segmen bisnis Perseroan dapat berjalan        ness segment can perform well so that the predetermined target
      lancar sehingga target yang telah ditentukan dapat tercapai.      can be achieved.



      KEBIJAKAN PENGADAAN BARANG DAN/ATAU JASA                          POLICY OF GOODS AND/OR SERVICES PROCURE-
                                                                        MENT
      Perusahaan menetapkan kebijakan dalam melaksanakan dan            The Company has established policies in implementing and
      mengelola kegiatan pengadaan barang dan/atau jasa. Proses         managing the procurement of goods and/or services. Hence, the
      pengadaan barang dan/ atau jasa tersebut dapat berjalan secara    procurement of goods and/or services can run effectively and ef-
      efektif dan efisien, sesuai dengan peraturan perundang-unda-      ficiently, in accordance with the applicable laws and regulations,
      ngan yang berlaku, dan mengacu pada prinsip Tata Kelola Peru-     and refers to the principles of Good Corporate Governance.
      sahaan yang Baik.
                                                                        The Company has also established several main principles con-
      Perusahaan telah menetapkan beberapa prinsip utama dalam          tained in Goods and Services Procurement Guidelines, namely
      kebijakan Pengadaan Barang dan Jasa yaitu efisien, efektif,       efficient, effective, transparent, fair and reasonable, accountable,
      transparan, adil dan wajar, akuntabel, dan mengedepankan prin-    and prioritizing the principles of Good Corporate Governance.
      sip Good Corporate Governance. Perusahaan juga menerapkan         The Company also implements system, which is an integrated
      sistem pengadaan perusahaan yang terintegrasi, sehingga dapat     Company procurement system, so as to guarantee responsible
      menjamin praktik pengadaan yang bertanggung jawab.                procurement practices.


      Sejak tahun 2019, Perseroan telah melakukan tinjauan rekayasa     Since 2019, the Company has conducted an engineering review
      yang terus digunakan hingga saat ini untuk memeriksa spesifi-     and continues to be used to this day to scrutinize specifications
      kasi untuk merasionalisasi elemen desain yang dilakukan pada      to rationalize design elements were done on all aspects. Over-
      semua aspek. Spesifikasi yang berlebihan adalah temuan utama      specification was a key finding in many tenders. To combat that
      dalam banyak tender. Untuk mengatasi hal tersebut, harus di-      would have to be done early in the planning and design process.
      lakukan di awal proses perencanaan dan desain. Upaya kolabo-      A collaborative effort must be initiated to rationalize the design
      ratif harus dimulai dengan merasionalisasi desain dan semua       and all that goes in it. The Company shall continue to push our
      yang ada di dalamnya. Perseroan terus mendorong para kon-         consultants and engineers to question the validity and accuracy
      sultan dan insinyur kami untuk mempertanyakan validitas dan       of original estimates.
      keakuratan estimasi awal.



      IMPLEMENTASI PENGADAAN BARANG                                     PROCUREMENT IMPLEMENTATION

      Proyek-Proyek Kolaborasi                                          Collaborative Projects
      Membangun momentum sejak tahun 2023, Perseroan terus              Building on the momentum from 2023, the Company continued
      fokus pada proyek-proyek perumahan di tahun 2024, menang-         to focus on landed home projects in 2024, responding to the
      gapi kuatnya permintaan terhadap rumah dengan desain yang         strong demand for well-designed, functional homes. By prioritiz-
      baik dan fungsional. Dengan mengutamakan efisiensi dan fung-      ing efficiency and usability in designs, we maximized customer
      sionalitas desain, kami memaksimalkan kenyamanan dan kepua-       comfort and satisfaction. For selected commercial properties,
      san pelanggan. Untuk properti komersial tertentu, seperti ruko,   particularly shop houses, were developed in areas with suitable
      dikembangkan di area dengan ketersediaan lahan yang cocok, se-    land availability, adding both commercial value and enhancing
      hingga menambah nilai komersial dan meningkatkan kelayakan        the overall livability of our developments.
      huni secara keseluruhan dari pengembangan kami.




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Perseroan juga beradaptasi dengan perubahan peraturan, ter-           The Company also adapted to regulatory changes, including sales
masuk insentif pajak penjualan untuk properti yang siap dise-         tax incentives for properties ready stock for handover within a
rahterimakan dalam jangka waktu tertentu. Perubahan-peruba-           specific period. These changes required procurement strategies
han ini membutuhkan strategi pengadaan yang selaras dengan            that aligned with construction timelines and sales targets while
jadwal konstruksi dan target penjualan dengan tetap menjaga           maintaining cost efficiency and project quality.
efisiensi biaya dan kualitas proyek.


Untuk semua proyek Intiland, tim pengadaan bertujuan menye-           For all Intiland projects, the procurement team aimed to provide
diakan jasa pengadaan, rekayasa, dan konsultasi desain yang           comprehensive procurement, engineering, and design consultan-
komprehensif. Tim ini memainkan peran penting dalam strategi          cy. This team played a leading role in planning and procurement
perencanaan dan pengadaan untuk pengembangan kawasan                  strategies for a new large-scale estate development, incorpora-
berskala besar baru, yang menggabungkan penggunaan lahan              ting strategic land use, sustainability initiatives, and advanced
strategis, inisiatif keberlanjutan, dan perencanaan kota yang         urban planning to create a high-value residential community.
canggih untuk menciptakan komunitas hunian yang bernilai
tinggi.


Pencapaian penting tahun 2024 adalah keberhasilan manaje-             A key achievement in 2024 was the successful management of
men pengadaan dan tender di semua proyek. Hal ini mencakup            procurement and tendering across all projects. This included
analisis biaya yang ketat, negosiasi vendor, dan penilaian kualitas   rigorous cost analysis, vendor negotiations, and quality assess-
untuk memastikan setiap pengembangan memenuhi standar                 ments to ensure each development met efficiency and perfor-
efisiensi dan kinerja.                                                mance standards.

Portofolio proyek residensial Perseroan juga berkembang de-           Our residential project portfolio also grew with new develop-
ngan adanya pengembangan-pengembangan baru. Dengan me-                ments. By leveraging Building Information Modeling (BIM) for de-
manfaatkan Building Information Modeling (BIM) untuk akurasi          sign accuracy, cost estimation, and clash detection, the Company
desain, estimasi biaya, dan deteksi benturan, Perseroan berhasil      optimized material use, minimized waste, and streamlined costs
mengoptimalkan penggunaan material, meminimalkan pem-                 for a more efficient execution process.
borosan, dan merampingkan biaya untuk proses eksekusi yang
lebih efisien.


Di seluruh proyek yang sedang berjalan, strategi pengadaan khu-       Across all ongoing projects, specialized procurement strategies
sus dan penggunaan teknologi canggih sangat penting dalam             and advanced technologies were crucial in maintaining efficien-
menjaga efisiensi, kualitas, dan keberlanjutan.                       cy, quality, and sustainability.



Tinjauan Teknik                                                       Engineering Review
Sejak diperkenalkan pada tahun 2019, Proses Peninjauan Teknik         Since its introduction in 2019, our engineering review process
menjadi alat bantu yang sangat penting dalam mengevaluasi             has been a critical tool in evaluating specifications, rationalizing
spesifikasi, merasionalisasi elemen desain, dan memastikan bah-       design elements, and ensuring that procurement and construc-
wa keputusan pengadaan dan konstruksi selaras dengan batasan          tion decisions align with budgetary constraints while maintain-
anggaran dengan tetap menjaga kualitas dan kemudahan la-              ing quality and serviceability.
yanan.

Penggunaan BIM tetap menjadi pusat dari upaya kami di tahun           The use of Building Information Modeling (BIM) remained cen-
2024 untuk memastikan kuantifikasi volume yang akurat dan             tral to our efforts in 2024, ensuring accurate volume quantifica-
validasi desain. Melalui pengurangan kuantitas dan deteksi ben-       tions and design validations. Through quantity take offs and clash
turan, kami mencapai penghematan biaya material hingga 30%.           detection, we achieved up to 30% savings in material costs. The
Area yang paling terpengaruh oleh proses ini termasuk:                areas most impacted by this process included:
1. Partisi, pipa ledeng, dan kabel Listrik. Kami mengoptimalkan       1. Partitions, plumbing, and electrical cabling. We optimized
     spesifikasi dan desain untuk mengurangi penggunaan ma-                 specifications and designs to reduce material overuse while
     terial yang berlebihan sekaligus mempertahankan kinerja                maintaining high performance.
     tinggi.
2. Komponen struktural. Kami menerapkan pemodelan BIM                 2.   Structural components. We applied detailed BIM modeling
     terperinci untuk memverifikasi kapasitas penahan beban                to verify load-bearing capacities and optimize reinforce-
     dan mengoptimalkan bahan penguat.                                     ment materials.
3. Sistem HVAC dan MEP. Deteksi benturan memungkinkan                 3.   HVAC and MEP systems. Clash detection allowed for the
     identifikasi awal konflik, sehingga mengurangi modifikasi di          early identification of conflicts, reducing costly on-site mo-
     lokasi yang mahal.                                                    difications.


Spesifikasi yang berlebihan masih menjadi tantangan yang              Overspecification remains a persistent challenge in tenders, and


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      Tata Kelola Perusahaan yang Baik                                                                         Laporan Tahunan | Annual Report 2024


      terus-menerus dalam proses tender. Perseroan terus berupaya       we continue to address it by integrating early-stage collaborative
      mengatasinya dengan mengintegrasikan perencanaan kolabo-          planning with consultants and engineers. The procurement team
      ratif tahap awal dengan konsultan dan insinyur. Tim pengadaan     plays a vital role in ensuring that original cost estimates are scru-
      memainkan peran penting dalam memastikan bahwa estimasi           tinized and validated before finalization.
      biaya awal diteliti dan divalidasi sebelum finalisasi.


      Tahun 2024 juga merupakan tahun transisi karena kami me-          In 2024 was also a year of transition as we finalized procurement
      nyelesaikan pengadaan untuk proyek-proyek yang sedang ber-        for ongoing projects while preparing for new developments in
      jalan sembari mempersiapkan pengembangan baru yang se-            the pipeline. Our goal remains to push for greater efficiency, cost
      dang direncanakan. Tujuannya tetap mendorong efisiensi yang       predictability, and sustainable procurement practices.
      lebih besar, prediktabilitas biaya, dan praktik pengadaan yang
      berkelanjutan.


      Konsultasi Teknik dan Pengadaan                                   Engineering and Procurement Consultancy
      Perluasan layanan konsultasi kami berlanjut pada tahun 2024,      The expansion of our consultancy services continued in 2024, re-
      memperkuat keahlian kami di bidang teknik dan pengadaan di        inforcing our expertise in engineering and procurement beyond
      luar proyek internal. Bertindak sebagai konsultan pengadaan un-   our internal projects. Acting as procurement consultants for vari-
      tuk berbagai klien, termasuk proyek rumah sakit, membutuhkan      ous clients, including the hospital project, required a strategic
      pendekatan strategis untuk manajemen anggaran, negosiasi pe-      approach to budget management, supplier negotiations, and
      masok, dan uji tuntas teknis.                                     technical due diligence.


      Sorotan utama dari upaya konsultasi kami:                         Key highlights of our consultancy efforts:
      1. Optimalisasi Anggaran: Kami bekerja sama dengan klien          1. Budget Optimization: We worked closely with clients to ba-
           untuk menyeimbangkan efektivitas biaya dengan aspi-               lance cost-effectiveness with design aspirations, ensuring
           rasi desain, memastikan bahwa proyek memenuhi tujuan              that projects met their financial and aesthetic goals.
           keuangan dan estetika mereka.                                2. Procurement Strategy Development: Our expertise was
      2. Pengembangan Strategi Pengadaan: Keahlian kami diman-               leveraged in sourcing the best materials, services, and con-
           faatkan dalam mencari bahan, layanan, dan kontraktor ter-         tractors while mitigating risks associated with fluctuating
           baik sambil mengurangi risiko yang terkait dengan kondisi         market conditions.
           pasar yang berfluktuasi.
      3. Jaminan Teknis dan Kualitas: Kami menantang konsul-            3.   Technical and Quality Assurance: We challenged design
           tan desain untuk memberikan spesifikasi yang memenuhi             consultants to deliver specifications that met engineering
           standar teknik tanpa eskalasi biaya yang tidak perlu.             standards without unnecessary cost escalations.


      Peran kami sebagai konsultan pengadaan menunjukkan pe-            Our role as procurement consultants showcased the broad appli-
      nerapan keahlian kami secara luas, membuka pintu untuk ket-       cability of our expertise, opening doors for future engagements
      erlibatan di masa depan di luar pengembangan real estat tradi-    beyond traditional real estate development.
      sional.



      AUDITOR EKSTERNAL                                                 EXTERNAL AUDITOR
      Berdasarkan keputusan RUPS pada 30 Mei 2024, Dewan Komisa-        Based on the GMS resolution on May 30, 2024, the Board of Com-
      ris memdapatkan kewenangan untuk menunjuk Akuntan Publik          missioners possessed the authority to appoint a public accoun-
      dan Kantor Akuntan Publik (KAP) yang akan melakukan audit         tant and a public accounting firm to conduct the financial audit
      keuangan Perseroan untuk tahun buku 31 Desember 2024. Ber-        of the Company for the financial year ended 31 December 2024.
      dasarkan Keputusan tersebut dan mempertimbangkan masukan          Based on the resolution and consider inputs and recommenda-
      dan rekomendasi Komite Audit, maka Dewan Komisaris menun-         tions from the Audit Committee, the Board of Commissioners ap-
      juk KAP Mirawati Sensi Idris untuk melakukan audit keuangan       pointed KAP Mirawati Sensi Idris to conduct the financial audit
      Perseroan untuk tahun buku 31 Desember 2024.                      of the Company for the financial year ended 31 December 2024.




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PT Intiland Development Tbk                                                                                                       Good Corporate Governance


Biaya Audit | Audit Fee


Tahun Buku | Fiscal Year              Kantor Akuntan Publik                               Akuntan Publik                        Biaya | Fee* (Rp)
                                      | Public Accounting Firm                            | Acountant


2024                                  Mirawati Sensi Idris                                Ahmad Syakir                          2.015.000.000
2023                                  Mirawati Sensi Idris                                Jacinta Mirawati                      1.895.000.000
2022                                  Mirawati Sensi Idris                                Jacinta Mirawati                      1.846.000.000
2021                                  Mirawati Sensi Idris                                Maria Leckzinska                      1.853.000.000
2020                                  Mirawati Sensi Idris                                Ahmad Syakir                          1.803.000.000

* Biaya audit konsolidasi induk perusahaan dan anak perusahaan/Audit fee for consolidated parent company and its subsidiaries




KEBIJAKAN KOMUNIKASI                                                                      COMMUNICATION POLICY
Intiland berkomitmen untuk senantiasa menyediakan informasi                               Intiland is committed to always providing information regarding
mengenai kondisi dan dinamika Perusahaan kepada seluruh Pe-                               the conditions and dynamics of the Company to all Stakehold-
mangku Kepentingan. Kebijakan ini merupakan wujud tanggung                                ers. This policy is a manifestation of the Company’s responsibility
jawab Perseroan dalam menerapkan prinsip kesetaraan dan                                   to implement the principles of equality and fairness for stake-
keadilan bagi para Pemangku Kepentingan. Perseroan secara ru-                             holders. The Company updates information channels regularly
tin memperbarui berbagai kanal informasi, termasuk situs web                              such as the Company’s website (www.intiland.com) as the main
resmi (www.intiland.com), sebagai sumber informasi utama.                                 source of information about the Company. Updating information
Pembaruan informasi pada situs web dilakukan secara berkala                               on the Company’s website is carried out regularly and continu-
dan berkesinambungan guna mendukung pelaksanaan tata                                      ously as an effort to fulfill Good Corporate Governance following
kelola perusahaan yang baik sesuai dengan ketentuan OJK serta                             the provisions stipulated by the OJK and developments and com-
mengikuti perkembangan dan kebutuhan masyarakat.                                          munity dynamics.


Pelaksanaan program dan aktivitas komunikasi Perseroan, di-                               The implementation of the Company’s communication programs
lakukan melalui beberapa divisi dan departemen, yaitu meliputi:                           and activities is carried out through several divisions and depart-
                                                                                          ments, which include:
1.     Sekretaris Perusahaan bertanggung jawab sebagai peng-                              1. The Corporate Secretary is responsible as the main liaison
       hubung utama antara Perseroan sebagai perusahaan pub-                                   between the Company as a public company and the Stake-
       lik dengan para Pemangku Kepentingan, termasuk kepada                                   holders, including the capital market authorities.
       pihak otoritas pasar modal.
2.     Hubungan dengan investor dijalankan oleh divisi Manaje-                            2.     Relations with investors are carried out by the Capital and
       men Modal dan Investasi yang salah satunya menjalankan                                    Investment Management division, one of which carries out
       fungsi Hubungan Investor.                                                                 the Investor Relations function.
3.     Hubungan dengan konsumen dijalankan oleh bagian Pe-                                3.     Relations with consumers are carried out by the Consumer
       ngelolaan Hubungan Konsumen di bawah divisi Pemasaran                                     Relations Management section under the Corporate Mar-
       Korporat.                                                                                 keting division.
4.     Komunikasi Korporat bertanggung jawab terhadap pelak-                              4.     Corporate Communications is responsible for the imple-
       sanaan komunikasi internal dengan bekerja sama dengan                                     mentation of internal communication by collaborating with
       divisi Human Capital dan menjalankan aktivitas komunikasi                                 the Human Capital division and carrying out external com-
       eksternal, salah satunya adalah hubungan dengan media.                                    munication activities, one of which being media relations.



AKSES INFORMASI DAN DATA PERUSAHAAN                                                       ACCESS TO THE COMPANY’S INFORMATION AND
                                                                                          DATA
Perseroan telah menyampaikan informasi dan data yang diang-                               The Company has provided important information and data to
gap penting bagi pemegang saham, masyarakat, dan pemangku                                 shareholders, the public, and stakeholders through several com-
kepentingan melalui berbagai saluran informasi. Komitmen ini                              munication channels. This commitment reflects the Company’s
sebagai wujud transparansi dan komitmen Perusahaan terhadap                               transparency and dedication to the implementation of good cor-
penerapan tata kelola perusahaan yang baik.                                               porate governance.


Perusahaan menyediakan akses informasi melalui berbagai salu-                             The Company has provided access to information through the
ran informasi, diantaranya:                                                               following information channels:

1.     Situs web Perseroan: www.intiland.com                                              1.     The Company’s website: www.intiland.com
2.     Surel Perseroan:                                                                   2.     The Company’s email:
       •     info@intiland.com (untuk informasi umum mengenai                                    •    info@intiland.com (for general information about the



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                Perseroan)                                                              Company)
           •    investor@intiland.com (untuk komunikasi dengan in-                •     investor@intiland.com (for communication with in-
                vestor)                                                                 vestors)
      3.   E-newsletter: Investor Update                                     3.   The Company’s e-newsletter: Investor Update
      4.   Media sosial:                                                     4.   The Company’s social media:
           •    Facebook:                                                         •     Facebook:
                www.facebook.com/developingyourworld                                     www.facebook.com/developingyourworld
           •    Instagram: @intilanddev                                           •     Instagram: @intilanddev
           •    LinkedIn:                                                         •     LinkedIn:
                 https://www.linkedin.com/company/intiland-devel-                        https://www.linkedin.com/Company/intiland-devel-
                 opment                                                                  opment;
           •    Youtube:                                                          •     Youtube:
                 https://www.youtube.com/c/IntilandDevelopment                          https://www.youtube.com/c/IntilandDevelopment
      5.   Alamat kantor: Intiland Tower, Penthouse Floor, Jl. Jend.         5.   Office address: Intiland Tower, Penthouse Floor – Jl. Jend.
           Sudirman 32, Jakarta 10220. Telp. +6221 5701912 Fax.                   Sudirman 32, Jakarta 10220. Tel. +6221 5701912 Fax. +6221
           +6221 5700015                                                          5700015


      Selain melalui beberapa saluran informasi resmi tersebut, Per-         In addition to severals official Intiland information channels, si-
      seroan juga melaporkan dan mengunggah informasi penting                multaneously Intiland also reports and uploads relevant infor-
      tentang Perusahaan pada situs web Bursa Efek Indonesia dan             mation regarding the Company on the website of the Indonesia
      Otoritas Jasa Keuangan (OJK).                                          Stock Exchange and the Financial Services Authority (OJK).



      HUBUNGAN INVESTOR                                                      INVESTOR RELATIONS
      Hubungan Investor menjalankan fungsi strategis dalam menye-            Investor Relations is a strategic function carried out by the Com-
      diakan informasi terbaru mengenai kinerja finansial dan ope-           pany to provide the latest information on the development of
      rasional Perusahaan kepada para investor dan analis. Hubungan          the Company’s financial and operational performance to inves-
      investor juga berperan menjadi perantara dalam menyampaikan            tors and analysts. Investor Relations also to convey to the Board
      masukan dan saran dari para investor dan analis kepada Direksi,        of Directors proposals, inputs, and criticisms from investors and
      sehingga dapat dijadikan bahan pertimbangan dalam kegiatan             analysts as matters that need attention in carrying out the Com-
      bisnis Perseroan.                                                      pany’s business activities.


      Sebagai bagian dari penerapan tata kelola perusahaan yang baik,        As a form of implementing Good Corporate Governance, the
      Perseroan secara rutin menyampaikan keterbukaan informasi se-          Company periodically conveys information disclosure equally to
      cara merata kepada para investor dan analis, sebagai salah satu        investors and analysts as the Company’s strategic stakeholders.
      pemangku kepentingan strategis. Penyampaian informasi dilaku-          The information is sent via email to investors and analysts who
      kan melalui surel kepada investor dan analis yang terdaftar di Pe-     are registered in the Company’s register and is posted on the
      rusahaan serta dipublikasikan di situs web Perseroan.                  Company’s website.



      KEGIATAN HUBUNGAN INVESTOR                                             INVESTOR RELATION ACTIVITIES
      Di tahun 2024, kegiatan tim Hubungan Investor Perseroan ada-           In 2024, the activities of the Company’s Investor Relations Team
      lah sebagai berikut:                                                   were as follows:
      •    Membangun komunikasi dengan para investor dan analis.             •    Established communication with investors and analysts
           Tim Hubungan Investor terus membangun hubungan de-                     The Investor Relations Team enhanced relationships with
           ngan para investor dan analis, baik di dalam negeri maupun             investors and analysts at home and abroad continuously,
           di luar negeri, melalui pertemuan, conference call, surel, text        through meetings, conference calls, emails, text messages,
           message, serta kunjungan proyek.                                       and site visits.



      STATISTIK KEGIATAN HUBUNGAN INVESTOR TAHUN                             INVESTOR RELATIONS ACTIVITIES STATISTICS IN 2024
      2024
      Di tahun 2024, jumlah analis dan investor dalam kegiatan per-          In 2024, the number of analysts and investors who held meetings
      temuan dan panggilan konferensi tercatat berjumlah 20 orang.           and conference calls in 2024 was recorded at 20 people. The com-
      Komposisi jumlah analis dan investor tersebut terdiri dari 18 in-      position of the number of local and foreign analysts and inves-
      vestor dan analis lokal dan 2 investor dan analis luar negeri.         tors was 18 local participants and 2 foreign participants.




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Kegiatan                                 Jumlah Kegiatan           Peserta                     Lokal                   Asing
Events                                   Total Activities          Participants                Local                   Foreign


Pertemuan / Kunjungan proyek             6                         16                          14                      2
Meeting / Site Visit
Conference Call                          1                         4                           4                       0
Jumlah / Total                           7                         20                          18                      2




Distribusi Investor Update kepada Investor dan Analis
| Investor Update Distribution to Investors and Analysts

Informasi                                                                                                       Tanggal Distribusi
Informations                                                                                                     Distribution Date


Intiland Mengumumkan Pencapaian Marketing Sales Tahun 2023                                                         30 Januari 2024
Intiland Announces FY23 Marketing Sales Achievement                                                               January 30, 2024

Intiland Mengumumkan Laba bersih 2023                                                                                 1 April 2024
Intiland Announces FY 2023 Earnings                                                                                   April 1, 2024

Intiland Mengumumkan Laba Bersih Triwulan I 2024 dan Pencapaian Marketing Sales Triwulan I Tahun 2024                30 April 2024
Intiland Announces 1Q 2024 Earnings and 1Q 2024 Marketing Sales Achievement                                          April 30, 2024

Intiland Mengumumkan Laba Bersih Semester I Tahun 2024 dan Pencapaian Marketing Sales Semester I                       30 Juli 2024
Tahun 2024                                                                                                            July 30, 2024
Intiland Announces 1H 2024 Earnings and 1H 2024 Marketing Sales Achievement

Intiland Mengumumkan Laba Bersih Triwulan III 2024 dan Pencapaian Marketing Sales Triwulan III Tahun             31 Oktober 2024
2024                                                                                                             October 31, 2024
Intiland Announces 9M 2024 Earnings and 9M 2024 Marketing Sales Achievement


MENINGKATKAN PENERAPAN TATA KELOLA PERUSA-                         IMPROVING THE IMPLEMENTATION OF GOOD COR-
HAN YANG BAIK DALAM HUBUNGAN DENGAN IN-                            PORATE GOVERNANCE IN RELATIONS WITH RETAIL
VESTOR RETAIL.                                                     INVESTORS.
Di tahun 2025, Perseroan akan terus membangun hubungan baik        In 2025, the Company will continue to build good relations and
serta memperluas jaringan investor dan analis melalui partisipa-   expand the network of investors and analysts through participa-
si dalam kegiatan pertemuan, kunjungan proyek, konferensi, dan     tion in meetings, project site visits, conferences, and non-deal
non-deal roadshow. Peningkatan kualitas penyebaran informasi       roadshows. Apart from that, the quality of information dissemi-
juga akan dijalankan agar para investor dan analis memperoleh      nation will also be improved so that investors and analysts can
informasi yang semakin cepat dan akurat.                           obtain faster and more accurate information.



PENINGKATAN KUALITAS INFORMASI HUBUNGAN                            IMPROVEMENT ON THE QUALITY OF INVESTOR RELA-
INVESTOR DI SITUS PERSEROAN                                        TIONS INFORMATION ON THE COMPANY’S WEBSITE
Situs web Perseroan berperan sebagai salah satu saluran komu-      The Company’s website is one of the main channels of commu-
nikasi utama dengan seluruh Pemangku Kepentingan. Perseroan        nication between the Company and all Stakeholders. The Com-
secara rutin memperbarui informasi mengenai kinerja, perkem-       pany always provides updated information related to the per-
bangan, serta aspek lain yang berkaitan dengan keterbukaan         formance, dynamics and other aspect of the Company as well as
informasi dan pelaporan kepada regulator. Perseroan juga terus     other matters related to information disclosure and reporting to
berupaya meningkatkan kualitas informasi yang disajikan.           the regulators. The Company continuously strives to improve the
                                                                   quality of published information.


Selain dipublikasikan di situs web Perseroan, keterbukaan infor-   In addition to posting through the Company’s website, the Com-
masi Perseroan juga dapat diakses melalui situs web Bursa Efek     pany’s information is also published on the Indonesia Stock Ex-
Indonesia (www.idx.co.id) dan secara langsung dikirimkan mela-     change website (www.idx.co.id) and sent directly via email to
lui surat elektronik kepada para investor dan analis.              investors and analysts.




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      HUBUNGAN KONSUMEN                                                   CUSTOMER RELATIONSHIP
      Perseroan berkomitmen untuk menjaga dan meningkatkan                The Company is committed to maintaining and improving cus-
      mutu layanan pelanggan karena merupakan salah satu pemang-          tomer service quality, as it is one of the most important stake-
      ku kepentingan terpenting bagi Perusahaan. Perseroan memas-         holders. The Company ensures that all consumers get equal
      tikan pelanggan mendapatkan informasi dan pelayanan secara          information and services in order to get convenience, covering
      berkualitas, seperti penyampaian informasi, kualitas layanan        aspects of information distribution, grievances channel, quality
      penjualan, hingga aspek pelayanan purna jual.                       of sales service, to aspects of after-sales service.


      Pada tahun 2024, Perseroan memastikan bahwa saluran komu-           In 2024, the Company ensured that communication and grie-
      nikasi dan pusat pengaduan yang ada di kantor pusat maupun          vances channels at the head office and in development projects
      di proyek-proyek yang sedang dikembangkan berjalan dengan           ran well. The Company maintains a number of communication
      efektif. Perseroan menyediakan berbagai saluran komunikasi un-      channels for consumers, including by telephone, email, social
      tuk pelanggan, termasuk telepon, email, media sosial, serta tim     media, as well as through the customer service team available in
      layanan pelanggan yang tersedia di setiap proyek Intiland.          each Intiland project.



      PENERAPAN PEDOMAN TATA KELOLA PERUSAHAAN                            IMPLEMENTATION OF CORPORATE GOVERNANCE
      SESUAI KETENTUAN OTORITAS JASA KEUANGAN                             GUIDELINES ACCORDING TO THE PROVISIONS OF
                                                                          THE FINANCIAL SERVICES AUTHORITY
      Perseroan selalu berupaya melakukan internalisasi Pedoman Tata      The Company consistently strives to internalize the Corporate
      Kelola Perusahaan kepada para karyawan lewat beberapa bentuk        Governance Guidelines to its employees through various forms
      kegiatan sosialisasi. Langkah ini menjadi bentuk kepatuhan ter-     of dissemination activities. This step is a form of compliance with
      hadap Peraturan OJK No. 21/POJK.04/2015 tentang Penerapan           OJK Regulation No. 21/POJK.04/2015 on the Implementation of
      Pedoman Tata Kelola Perusahaan Terbuka dan Surat Edaran OJK         Public Company Governance Guidelines and OJK Circular Letter
      No. 32/SEOJK.04/2015 tentang Pedoman Tata Kelola Perusahaan         No. 32/SEOJK.04/2015 on Public Company Governance Guide-
      Terbuka. Perseroan berkomitmen menyempurnakan penerapan             lines. The Company is committed to enhancing the implementa-
      seluruh aspek Tata Kelola Perusahaan yang antara lain dengan        tion of all aspects of Corporate Governance, including following
      menindaklanjuti setiap rekomendasi.                                 up on each recommendation.



      Penerapan ini bertujuan untuk meningkatkan kualitas manaje-         The implementation aims to improve management quality and
      men dan transparansi keuangan serta mencegah praktik-praktik        financial transparency, as well as prevent unethical and harmful
      tidak etis dan merugikan. Berikut adalah penerapan prinsip Tata     practices. Below is the implementation of Corporate Governance
      Kelola Perusahaan di tahun 2024:                                    principles in 2024:



      Implementasi Tata Kelola Perusahaan
      Corporate Governance Implementation


      No    Rekomendasi OJK                                             Status                   Keterangan
            OJK Recommendations                                                                  Description

      1     Perseroan memiliki metode atau prosedur teknis untuk        Diterapkan | Applied     Prosedur ini diatur dalam Anggaran
            mengumpulkan suara (voting) baik secara terbuka mau-                                 Dasar Perseroan. Informasi ini bisa dilihat
            pun tertutup yang mengedepankan independensi dan                                     pada Sub-Bab Rapat Umum Pemegang
            kepentingan Pemegang Saham.                                                          Saham.
            The Company uses method or technic procedure to collect                              This procedure is regulated in the Compa-
            voting. Both open vote or close that focus on independ-                              ny’s Articles of Association. This informa-
            ence and interest of the Shareholder.                                                tion can be seen in Sub-Chapter of Annual
                                                                                                 General Meeting of Shareholders.


      2     Seluruh anggota Direksi dan anggota Dewan Komisaris         Diterapkan | Applied     Seluruh anggota Direksi dan anggota
            Perseroan hadir dalam RUPS tahunan.                                                  Dewan Komisaris telah hadir secara fisik
            All members of the Board of Directors and Board of Com-                              dan mengikuti jalannya RUPST pada tang-
            missioners of the Company attend the annual General                                  gal 30 Mei 2024.
            Meeting of Shareholders.                                                             All members of the Directors and
                                                                                                 the Board of Commissioners physically
                                                                                                 attended and participated in the Annual
                                                                                                 GMS on May 30, 2024.




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No    Rekomendasi OJK                                              Status                 Keterangan
      OJK Recommendations                                                                 Description


3     Ringkasan RUPS tersedia dalam situs resmi Perseroan          Diterapkan | Applied   Pada situs web Perseroan telah menyaji-
      setidaknya selama 1 (satu tahun).                                                   kan informasi tentang Ringkasan Risalah
      The GMS minutes is available in the Company’s official                              hasil RUPS.
      website for at least 1 (one) year.                                                  The Company’s website has provided infor-
                                                                                          mation on the Summary of the Minutes of
                                                                                          the Annual General Meeting of Sharehold-
                                                                                          ers (AGM).


4     Perseroan memiliki suatu kebijakan komunikasi dengan         Diterapkan | Applied   Informasi ini bisa dilihat pada Sub-Bab
      Pemegang Saham atau investor.                                                       Akses Informasi dan Data Perusahaan.
      The Company rules on communication policy with the                                  This information can be seen in Sub-Chap-
      Shareholders or investor.                                                           ter of Access to Information and Data of
                                                                                          the Company.


5     Perseroan mengungkapkan kebijakan komunikasi Per-            Diterapkan | Applied   Perseroan telah menyampaian akses
      seroan dengan Pemegang Saham atau investor dalam                                    komunikasi yang tersedia bagi pemegang
      situs web.                                                                          saham dan masyarakat luas pada Laporan
      The Company disclose the Company’s communication                                    Tahunan dan situs web Perseroan.
      policy with the Shareholders or investor within the                                 The Company has disclosed the commu-
      website.                                                                            nication channels that are accessible to
                                                                                          shareholders and the wider public on the
                                                                                          Annual Report and its website.


6     Penentuan jumlah anggota Dewan Komisaris memper-             Diterapkan | Applied   Informasi ini telah disampaikan pada
      timbangkan kondisi Perseroan.                                                       Sub-Bab Dewan Komisaris Laporan
      Stipulation on the membership of the Board of Commis-                               Tahunan.
      sioners considering the Company’s condition.                                        This information has been provided in the
                                                                                          Sub-Chapter on the Board of Commission-
                                                                                          ers on Annual Report.


7     Penentuan komposisi anggota Dewan Komisaris mem-             Diterapkan | Applied   Komposisi keberagaman anggota Dewan
      perhatikan keberagaman keahlian, pengetahuan, dan                                   Komisaris telah disampaikan pada Sub-
      pengalaman yang dibutuhkan.                                                         Bab Profil Dewan Komisaris
      Composition determines the members of the Board of                                  Composition determines the members
      Commissioners to observe the variety of skills, knowledge,                          of the Board of Commissioners has been
      and experience needed.                                                              provided in Sub-Chapter of the Profiles of
                                                                                          the Board of Commissioners.


8     Dewan Komisaris mempunyai kebijakan penilaian                Diterapkan | Applied   Dewan Komisaris memiliki kebijakan pe-
      sendiri (self assessment) untuk menilai kinerja Dewan                               nilaian sendiri (self-assessment) dan telah
      Komisaris.                                                                          dijalankan. Kebijakan Penilaian sendiri
      The Board of Commissioners has policy on self-assess-                               telah diungkapkan pada Sub-Bab Penila-
      ment to evaluate the Board of Commissioners.                                        ian Kinerja Dewan Komisaris.
                                                                                          The Board of Commissioners has its own
                                                                                          self-assessment policy, which has been
                                                                                          implemented. The Self-Assessment Policy
                                                                                          has been disclosed in the Sub-Chapter on
                                                                                          the Performance Evaluation of the Board
                                                                                          of Commissioners.


9     Kebijakan penilaian sendiri (self assessment) untuk          Diterapkan | Applied
      menilai kinerja Dewan Komisaris diungkapkan melalui
      Laporan Tahunan Perseroan.
      Self-assessment policy to evaluate the Board of Commis-
      sioners’ performance is disclosed through the Company’s
      Annual Report.




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      Tata Kelola Perusahaan yang Baik                                                                          Laporan Tahunan | Annual Report 2024




      No    Rekomendasi OJK                                                Status                 Keterangan
            OJK Recommendations                                                                   Description


      10    Dewan Komisaris mempunyai kebijakan yang berkaitan             Diterapkan | Applied   Perseroan memiliki kebijakan terkait
            dengan pengunduran diri anggota Dewan Komisaris jika                                  pengunduran diri yang tertuang dalam
            terlibat dalam kejahatan keuangan.                                                    Pedoman Dewan Komisaris, namun
            The Board of Commissioner governs policy in relation                                  belum memiliki kebijakan khusus terkait
            with resignation of its member, if they are involved in                               pengunduran diri akibat terlibat dalam
            fraudulence.                                                                          kejahatan keuangan. Informasi ini sudah
                                                                                                  disampaikan pada Sub-Bab Dewan
                                                                                                  Komisaris.
                                                                                                  The Company has a policy related to
                                                                                                  resignation in the Board of Commis-
                                                                                                  sioners Charter but does not yet have a
                                                                                                  specific policy related to resignation due
                                                                                                  to involvement in financial crimes. This
                                                                                                  information can be seen on the Board of
                                                                                                  Commissioners Sub-Chapter.


      11    Dewan Komisaris atau Komite yang menjalankan fungsi            Diterapkan | Applied   Perseroan memiliki Komite Nominasi
            Nominasi dan Remunerasi menyusun kebijakan suksesi                                    dan Remunerasi sesuai POJK No. 34/
            dalam proses Nominasi anggota Direksi.                                                POJK.04/2014, namun belum memiliki
            The Board of Commissioners or Committee running the                                   kebijakan suksesi secara khusus. Infor-
            Nomination and Remuneration function formulate suc-                                   masi ini bisa dilihat pada Sub-Bab Komite
            cession policy in Nomination process of member of the                                 Nominasi dan Remunerasi.
            Board of Director.                                                                    The Company has established the Nomina-
                                                                                                  tion and Remuneration Committee in ac-
                                                                                                  cordance with POJK No.34/ POJK.04/2014,
                                                                                                  but does not yet have a specific succession
                                                                                                  policy. This information can be seen in the
                                                                                                  Nomination and Remuneration Committee
                                                                                                  Sub-Chapter.


      12    Penentuan jumlah anggota Direksi mempertimbangkan              Diterapkan | Applied   Informasi mengenai penentuan jumlah
            kondisi Perseroan serta efektivitas dalam pengambilan                                 anggota Direksi dan dasar pertimbangan-
            keputusan.                                                                            nya disampaikan pada Sub-Bab Direksi.
            The determination on the membership of Board of                                       Information regarding the determina-
            Directors considering the Company’s condition as well as                              tion of the number of members of the
            effectiveness in decision making.                                                     Board of Directors and the basis for the
                                                                                                  considerations is provided on the Directors
                                                                                                  Sub-Chapter.


      13    Penentuan komposisi anggota Direksi memperhatikan              Diterapkan | Applied   Informasi mengenai komposisi anggota
            keberagaman keahlian, pengetahuan, dan pengalaman                                     Direksi dan dasar pertimbangannya di-
            yang dibutuhkan.                                                                      sampaikan pada Sub-Bab Direksi.
            Determination on the member composition of the Board                                  Information regarding the composition
            of Director to observe the variety of skills, knowledge, and                          of the Directors’ member provided on the
            experiences needed.                                                                   Directors Sub-Chapter.


      14    Anggota Direksi yang membawahi bidang akuntansi                Diterapkan | Applied   Informasi ini sudah disampaikan pada
            atau keuangan memiliki keahlian dan/atau pengeta-                                     Sub-Bab Direksi.
            huan di bidang akuntansi.                                                             This information has been provided on the
            Board of Directors member which govern over the ac-                                   Directors Sub-Chapter.
            counting or financial has the skill and/or knowledge in
            the accounting field.


      15    Direksi mempunyai kebijakan penilaian sendiri (self as-        Diterapkan | Applied   Direksi memiliki kebijakan penilaian
            sessment) untuk menilai kinerja Direksi.                                              sendiri (self-assessment) dan telah dijalan-
            Board of Directors has its owned self-assessment to evalu-                            kan. Kebijakan Penilaian Sendiri telah
            ate its own performance.                                                              diungkapkan pada Sub-Bab Penilaian


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PT Intiland Development Tbk                                                                              Good Corporate Governance




No   Rekomendasi OJK                                               Status                 Keterangan
     OJK Recommendations                                                                  Description


                                                                                          Kinerja Direksi.
                                                                                          The Director has its own self-assessment
                                                                                          policy, which has been implemented. The
                                                                                          self-assessment Policy has been disclosed in
                                                                                          the Sub-Chapter on the Performance Evalu-
                                                                                          ation of the Directors.


16   Kebijakan penilaian sendiri (self assessment) untuk me-       Diterapkan | Applied   Perseroan berpandangan belum waktunya
     nilai kinerja Direksi diungkapkan secara lengkap melalui                             untuk mengungkapkan secara lengkap
     laporan tahunan Perseroan.                                                           mengenai penilaian kinerja masing-
     Self-assessment policy to evaluate Board of Directors’                               masing anggota Direksi di dalam Laporan
     performance is disclosed through the Company’s annual                                Tahunan.
     report.                                                                              The Company considers that it is not yet
                                                                                          the right time to fully disclose the perfor-
                                                                                          mance assessments of each member of the
                                                                                          Directors in the Annual Report.


17   Direksi mempunyai kebijakan terkait pengunduran               Diterapkan | Applied   Perseroan memiliki kebijakan terkait
     diri Anggota Direksi apabila terlibat dalam kejahatan                                pengunduran diri yang tertuang dalam
     keuangan.                                                                            Pedoman Direksi, namun belum memiliki
     The Board of Directors carry policy in relation with resig-                          kebijakan khusus terkait pengunduran diri
     nation of Member of the Board of Directors if involved in                            akibat terlibat dalam kejahatan keuangan.
     fraudulency.                                                                         Informasi ini sudah disampaikan pada
                                                                                          Sub-Bab Direksi.
                                                                                          The Company has a policy related to res-
                                                                                          ignation in the Directors Charter but does
                                                                                          not yet have a specific policy related to
                                                                                          resignation due to involvement in financial
                                                                                          crimes. This information can be seen on the
                                                                                          Directors Sub-Chapter.


18   Perseroan memiliki kebijakan untuk mencegah kejadian          Diterapkan | Applied   Perseroan telah memiliki kebijakan terkait
     insider trading.                                                                     insider trading yang diatur di dalam Pia-
     The Company policy to prevent insider trading.                                       gam Direksi dan Piagam Dewan Komisaris.
                                                                                          The Company has a policy related to insider
                                                                                          trading, which is regulated in the Directors’
                                                                                          Charter and the Board of Commissioners’
                                                                                          Charter.


19   Perseroan memiliki kebijakan anti korupsi dan anti            Diterapkan | Applied   Perseroan telah memiliki kebijakan terkait
     kecurangan.                                                                          kebijakan antikorupsi dan anti-fraud yang
     The Company policy regarding anti-corruption and anti-                               diatur di dalam Piagam Dewan Komisaris,
     fraud.                                                                               Piagam Direksi, Kode Etik Perusahaan,
                                                                                          maupun Pakta Integritas.
                                                                                          The Company has a policy related to
                                                                                          anti-corruption and anti-fraud, which is
                                                                                          regulated in the Board of Commissioners’
                                                                                          Charter, the Directors’ Charter, Code of
                                                                                          Conduct, and the Integrity Pact.


20   Perseroan memiliki kebijakan tentang seleksi dan pe-          Diterapkan | Applied   Informasi ini bisa dilihat pada Sub-Bab
     ningkatan kemampuan pemasok atau vendor.                                             Kebijakan Pengadaan Barang dan Jasa.
     The Company policy on selection and improvement of                                   This information can be seen in Sub-
     supplier or vendor ability.                                                          Chapter Policy of Goods and/or Services
                                                                                          Procurement.




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      Tata Kelola Perusahaan yang Baik                                                                        Laporan Tahunan | Annual Report 2024



      No    Rekomendasi OJK                                              Status                 Keterangan
            OJK Recommendations                                                                 Description


      21    Perseroan memiliki kebijakan tentang pemenuhan hak-          Diterapkan | Applied   Perseroan memastikan pemenuhan hak-
            hak kreditur.                                                                       hak kreditur sesuai dengan kesepakatan
            The Company policy on fulfilment of creditor’s rights.                              perjanjian.
                                                                                                The Company ensures that the fulfillment
                                                                                                of creditor rights in accordance with the
                                                                                                terms of the agreement.


      22    Perseroan memiliki kebijakan whistleblowing system.          Diterapkan | Applied   Informasi tentang kebijakan sistem
            The Company whistleblowing system policy.                                           Pelaporan Pelanggaran disampaikan pada
                                                                                                Sub-Bab Sistem Pelaporan Pelanggaran.
                                                                                                Information regarding policy of Whistle-
                                                                                                blowing system has been disclosed in Sub-
                                                                                                Chapter of Whistleblowing System


      23    Perseroan memiliki kebijakan pemberian insentif jangka       Diterapkan | Applied   Informasi ini bisa dilihat pada Sub-Bab
            panjang kepada Direksi dan karyawan.                                                Kebijakan Pemberian Kompensasi Jangka
            The Company policy on long term incentive allocation to                             Panjang.
            the Board of Directors and employee.                                                This information can be seen in Sub-Chap-
                                                                                                ter of Long-Term Compensation Policy.


      24    Perseroan memanfaatkan penggunaan teknologi infor-           Diterapkan | Applied   Perseroan menggunakan media sosial
            masi secara lebih luas selain situs web sebagai media                               dan saluran komunikasi lain sebagai
            keterbukaan informasi.                                                              media keterbukaan informasi, sebagai
            The Company utilize the use of information technology in                            berikut:
            broad sense apart from website as information disclosure                            The Company uses social media and other
            media.                                                                              communication channels as a means of
                                                                                                information disclosure, as follows:
                                                                                                •    Instagram: @intilanddev
                                                                                                •    Facebook:
                                                                                                     www.facebook.com/intilandev
                                                                                                •    LinkedIn:
                                                                                                     https://www.linkedin.com/com-
                                                                                                     pany/intiland-development
                                                                                                •    Youtube:
                                                                                                     https://www.youtube.com/c/Intilan-
                                                                                                     dDevelopment
                                                                                                •    E-newsletter: Investor Update


      25    Laporan Tahunan Perseroan mengungkapkan pemilik              Diterapkan | Applied   Informasi ini bisa dilihat pada Sub-Bab
            manfaat akhir dalam kepemilikan saham Perseroan                                     Informasi Mengenai Pemegang Saham
            paling sedikit 5% (lima persen), selain pengungkapan                                Utama dan Pengendali.
            pemilik manfaat akhir dalam kepemilikan saham Perse-                                This information can be seen in the Sub
            roan melalui Pemegang Saham Utama dan Pengendali.                                   Chapter Information on Major and Con-
            The Company’s Annual Report disclosed the owner of fi-                              trolling Shareholders.
            nal profit by owning at least 5% of the Company’s shares.
            In addition to the disclosure of the owner of final profit
            in the ownership of Company’s share through Controller
            and Main Shareholder.




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PT Intiland Development Tbk                       Corporate Social Responsibility




                                Tanggung
                              Jawab Sosial
                               Perusahaan
                               Corporate Social
                                Responsibility




      1Park Avenue                                                                  283
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      Tanggung Jawab Sosial Perusahaan                                                                       Laporan Tahunan | Annual Report 2024


      TANGGUNG JAWAB SOSIAL DAN LINGKUNGAN                              CORPORATE SOCIAL AND ENVIRONMENTAL RE-
                                                                        SPONSIBILITY
      Sesuai dengan Surat Edaran Otoritas Jasa Keuangan (SEOJK)         In accordance with the Financial Services Authority Circular Let-
      No.16/SEOJK.04/2021 tentang Bentuk dan Isi Laporan Tahunan,       ter (SEOJK) No.16/SEOJK.04/2021 concerning the Form and Con-
      khususnya pada bagian Uraian Isi Laporan Tahunan, Perusahaan      tent of the Annual Report, particularly in section of the Annual
      telah menyampaikan informasi mengenai Tanggung Jawab So-          Report Content Description, the Company has disclosed informa-
      sial dan Lingkungan dalam Laporan Keberlanjutan Intiland Tahun    tion regarding Corporate Social and Environmental Responsibility
      Buku 2024. Laporan tersebut disusun secara terpisah dari Lapo-    in the 2024 Sustainability Report. This report is prepared sepa-
      ran Tahunan ini dan disampaikan bersamaan dengan penyampa-        rately from this Annual Report and is submitted simultaneously
      ian Laporan Tahunan Perusahaan.                                   with the Company’s Annual Report.


      Perseroan berkomitmen menjalankan praktik bisnis beretika         The Company is committed to conducting ethical business prac-
      dengan mempertimbangkan masa depan Perusahaan dan ke-             tices with consideration for the future of the Company and the
      berlanjutan kehidupan generasi mendatang. Bagaimana men-          sustainability of future generations. Creating sustainability in
      ciptakan keberlanjutan pada seluruh aspek operasional usaha,      all aspects of business operations, social issues, and the environ-
      sosial, dan lingkungan, menjadi tujuan yang selama ini terus      ment has been an ongoing goal. This noble awareness and com-
      diperjuangkan. Bentuk kesadaran dan komitmen mulia ini diwu-      mitment are realized through programs and activities related to
      judkan melalui program dan kegiatan tanggung jawab di bidang      environmental responsibility, social and economic welfare, go-
      lingkungan, sosial dan ekonomi masyarakat, tata kelola, ketena-   vernance, labor, and youth empowerment.
      gakerjaan, hingga pemberdayaan generasi muda.


      Program dan kegiatan CSR Perseroan difokuskan pada aspek ling-    The Company’s CSR programs and activities are focused on the
      kungan dan masyarakat yang tinggal di sekitar proyek-proyek       environment and the communities living around the developed
      yang dikembangkan. CSR menjadi salah satu jalan bagi Perusa-      projects. CSR has become one of the Company’s paths to main-
      haan untuk menjaga dan mengelola keselarasan antara aktivi-       tain and manage harmony between operational activities and
      tas operasional dengan visi dan misi agar mampu memberikan        the vision and mission to create a sustainable positive impact for
      dampak positif yang berkesinambungan bagi masyarakat luas.        the wider community.



      PELAKSANAAN PROGRAM                                               PROGRAM IMPLEMENTATION
      Sepanjang tahun 2024, Perseroan menyelenggarakan serang-          Throughout 2024, the Company organized a series of social
      kaain program dan aktivitas tanggung jawab sosial dan lingku-     and environmental responsibility programs and activities, both
      ngan, baik secara korporat maupun proyek. Dalam bidang kese-      at corporate and the project level. In the field of healthcare, for
      hatan, misalnya, Perseroan menyelenggarakan berbagai kegiatan     example, the Company organizes various sports activities with
      olahraga bersama komunitas, tenants, dan penghuni, serta me-      the community, tenants, and residents, as well as providing free
      nyediakan layanan kesehatan gratis melalui program cek keseha-    healthcare services through health check-up programs and blood
      tan dan donor darah yang dijalankan di sejumlah proyek.           donation drives conducted at several projects.


      Pada bidang lingkungan, Perusahaan berupaya menjaga keles-        In the environmental sector, the Company strives to preserve eco-
      tarian ekosistem dengan melakukan pencegahan serta penan-         systems by implementing termite prevention and control mea-
      ganan hama menggunakan pestisida anti-rayap, membersih-           sures, cleaning drainage channels, and normalizing river flow
      kan saluran air, dan menormalisasi daerah aliran sungai. Selain   areas. Additionally, waste management campaigns and plogging
      itu, kampanye pengolahan limbah dan kegiatan plogging juga        activities have been intensified as part of the Company’s environ-
      digencarkan sebagai bentuk kepedulian terhadap lingkungan,        mental awareness efforts, alongside fundraising initiatives for
      serta penggalangan dana untuk konservasi mangrove guna men-       mangrove conservation to support coastal ecosystem sustaina-
      dukung keberlanjutan ekosistem pesisir.                           bility.


      Dalam aspek ketenagakerjaan, Perseroan memberikan ke-             In the labor aspect, the Company provides ample opportunities
      sempatan luas dalam menyediakan lapangan pekerjaan dan            to create job openings and enhance skills for the local commu-
      peningkatan keahlian bagi masyarakat setempat. Perseroan          nity. The Company contributes through local workforce recruit-
      selain berkontribusi melalui perekrutan tenaga kerja lokal juga   ment and the implementation of various employee training and
      penyelenggaraan berbagai pelatihan dan program pengembang-        development programs. The Company ensures employee welfare
      an karyawan. Perusahaan memastikan kesejahteraan karyawan         by fulfilling employee rights, gathering and bonding, and provid-
      melalui terpenuhinya hak-hak karyawan, menyelenggarakan           ing support for employees’ religious celebrations.
      kegiatan pertemuan bersama dan keakrabah, serta memberikan
      dukungan dalam perayaan keagamaan karyawan.


      Di bidang sosial, Perusahaan turut serta dalam memberikan         In the social sector, the Company actively participates in provid-
      bantuan bagi korban bencana kebakaran serta menyalurkan           ing aid to fire disaster victims and distributing essential needs
      bantuan kebutuhan pokok bagi masyarakat yang membutuhkan.         assistance to underprivileged communities. Support for religious




284
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PT Intiland Development Tbk                                                                           Corporate Social Responsibility


Dukungan terhadap kegiatan keagamaan serta distribusi hewan        activities and the distribution of sacrificial animals (Qurban) are
qurban juga menjadi bagian dari kontribusi sosial Perusahaan.      also integral parts of the Company’s social contributions.


Perusahaan juga berpartisipasi aktif dalam pembangunan balai       In the infrastructure sector, the Company actively engages in
warga guna mendukung kehidupan sosial masyarakat sekitar se-       the development of community halls to support the social life of
bagai bagian dari dukungan di bidang infrastruktur. Sementara      surrounding communities. Meanwhile, in the education sector,
itu, di sektor pendidikan, Perusahaan berkomitmen untuk men-       the Company is committed to empowering the youth generation
dorong pemberdayaan generasi muda melalui berbagai program         through various programs such as project visits, boot camps, as
seperti project visit, bootcamp, serta penyelenggaraan workshop    well as organizing workshops and seminars. The Company also
dan seminar. Perusahaan juga mengadakan pameran pendidikan         hosts educational exhibitions involving students, university stu-
yang melibatkan siswa, mahasiswa, serta tenaga pengajar dari       dents, and educators from various regions across Indonesia.
berbagai wilayah di Indonesia.


Dari pelaksanaan inisiatif-inisiatif tanggung jawab sosial dan     From the implementation of these social and environmental re-
lingkungan ini, Perseroan berhasil mencapai nilai Social Return    sponsibility initiatives, the Company has successfully achieved a
on Investment (SROI) sebesar 1.9. Pencapaian ini mengalami per-    Social Return on Investment (SROI) value of 1.9. This achievement
baikan dibandingkan tahun 2023 sebesar 1,1. Pencapaian SROI        represents an improvement compared to 2023, which was 1.1.
tersebut mencerminkan dampak sosial dan lingkungan yang            The SROI achievement reflects the positive social and environ-
positif dibandingkan dengan sumber daya yang diinvestasikan.       mental impact in relation to the resources invested.



REALISASI PENYALURAN DANA                                          ACTUAL FUND DISBURSEMENT
Sebagai bentuk komitmen terhadap keberlanjutan, di tahun 2024,     As a commitment to sustainability, the Company has allocated
Perseroan mengalokasikan dana CSR sebesar Rp1.091.119.584.         CSR funds amounting to Rp1,091,119,584. This amount has in-
Jumlah tersebut meningkat dibandingkan alokasi dana CSR ta-        creased compared to the CSR fund allocation in 2023, which was
hun 2023 sebesar Rp630.000.000. Dana tersebut dialokasikan         Rp630,000,000. These funds are allocated to support social and
untuk mendukung program dan aktivitas tanggung jawab sosial        environmental responsibility programs and activities conducted
dan lingkungan yang dijalankan selama setahun.                     throughout the year.


Informasi lebih rinci mengenai strategi keberlanjutan, tata        More detailed information on sustainability strategies, sustain-
kelola keberlanjutan, kinerja keberlanjutan, serta berbagai ini-   ability governance, sustainability performance, and various ini-
siatif dalam Tanggung Jawab Sosial dan Lingkungan Perseroan,       tiatives in Corporate Social and Environmental Responsibility of
disampaikan pada Laporan Keberlanjutan Intiland Tahun Buku         the Company, presented in the 2024 Sustainability Report, which
2024 yang merupakan bagian tak terpisahkan dari Laporan Ta-        is an integral part of this Annual Report.
hunan ini.




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      Tanggung Jawab Sosial Perusahaan             Laporan Tahunan | Annual Report 2024




                             Direktori
                             Korporat
                            dan Proyek
                           Corporate and Project
                                Directory




286                                                          SQ Res
Page 287
PT Intiland Development Tbk                                                                       Corporate Social Responsibility



Jakarta                                                          Surabaya

PT Intiland Development Tbk
Kantor Pusat/ Head Office                                        Spazio,
Intiland Tower, Penthouse Floor                                  8th floor
Jl. Jendral Sudirman 32, Jakarta 10220                           Jl. Mayjen Yono Soewoyo Kav 3, Surabaya
T +62 21 570 1912, 570 8088                                      T +62 31 9900 0980
F +62 21 570 0015, 570 0014                                      F +62 31 9900 1050
E info@intiland.com                                              E grande@intiland.com
www.intiland.com                                                 www.intiland.com




MIxed-use & High-rise / Mixed-use & High rise

1Park Avenue & The Hamilton              Regatta                                       Tierra
Jl. KH. M. Syafi’i Hadzami               Jl. Raya Pantai Mutiara, Blok TG 1 D          Jl. Raya Darmo Harapan 1
Kebayoran, Jakarta 12240                 Pluit, Jakarta Utara 14450                    Surabaya, Jawa Timur 60186
T +62 723 7878                           T +62 21 6660 3080                            T +62 31 9900 0980
F +62 722 7979                           F +62 21 6660 5513                            F +62 31 9900 1050
E 1park@intiland.com                     E info@regattajakarta.com                     E tierra@intiland.com
www.1park-avenue.com                     www.regattajakarta.com                        www.intiland.com


Aeropolis                                South Quarter & SQ Rés                        West One City
Jl. Marsekal Suryadarma                  Jl. R.A Kartini Kav.8                         Jl. Lingkar Luar Barat, Duri Kosambi
Neglasari, Tangerang 15129               Cilandak Barat, Jakarta 12430                 Cengkareng, Jakarta Barat 11750
T +62 21 5591 3456                       T +62 21 750 8088                             T +62 21 576 2678
F +62 21 5591 3574                       F +62 21 750 8555                             F +62 21 576 0970
E aeropolis@intiland.com                 E info@south-quarter.com                      E info@intiland.com
www.aeropolis.co.id                      www.south-quarter.com                         www.intiland.com


Graha Golf                               Spazio Tower
Jl. Raya Golf Graha Famili,              Jl. Mayjen Yono Soewoyo Kav. 5
Graha Famili, Surabaya, Jawa Timur       Surabaya 60226, Jawa Timur
T +62 31 9900 0980                       T +62 31 9900 0901
F +62 31 9900 1050                       F +62 31 9900 0906
E grahagolf@intiland.com                 E spazio@intiland.com
www.grahagolf.com                        www.spazio.co.id



Fifty Seven Promenade                    Sumatra36
Marketing Gallery                        Jl. Sumatra No. 36,
Jl. Teluk Betung No.57, Kebon Melati,    Surabaya 60131, Jawa Timur
Kecamatan Tanah Abang,                   T +62 31 5026 222
Jakarta Pusat, DKI Jakarta 10230         F +62 31 5036 222
T +62 877 8866 5757                      E sumatra36@intiland.com
F +62 21 2139 2397                       www.sumatra36.com
E 57promenade@intiland.com
www.57promenade.com


Praxis                                   The Rosebay
Jl. Panglima Sudirman 101 - 103          Jl. Boulevard Famili Utara,
Surabaya 60271, Jawa Timur               Blok W, Graha Famili
T +62 31 5475 800                        Surabaya, 60227, Jawa Timur
F +62 31 5464 700                        T +62 31 9900 0980
E praxis@intiland.com                    F +62 31 9900 1050
www.praxiscbd.com                        E therosebay@intiland.com
                                         www.therosebay.co.id




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a.



           Tanggung Jawab Sosial Perusahaan                                                                    Laporan Tahunan | Annual Report 2024



           Residensial / Landed Residential
           1Park Homes                                    Graha Natura                         Sakha Semanan
           Jl. KH. M. Syafi’i Hadzami                     Kawasan perumahan Graha Natura       Ruko Plaza de Lumina, Blok C 8-9
           Kebayoran, Jakarta 12240                       Jl. Sambi Kerep, Lontar,             Jl. Outer Ring Road Cengkareng
           T +62 723 7878                                 Surabaya, Jawa Timur                 Jakarta Barat 11750
           F +62 722 7979                                 T +62 31 7412 999                    T +62 811 1001 7758
           E 1parkhomes@intiland.com                      F +62 31 7412 995                    www.sereniahills.co.id
           www.intiland.com                               E info@grahanatura.com
                                                          www.grahanatura.com


           Amesta Living                                  Green Bestari Park                   Serenia Hills
           Jl. Gunung Anyar Tambak, Gunung Anyar,         Jl. Jungle Boulevard No. 1,          Jl. Karang Tengah Raya No. 9
           Surabaya, Jawa Timur                           Jl. Raya Serang KM 21,               Lebak Bulus, Jakarta Selatan, 12440
           T +62 822 8888 4186                            Cikupa Tangerang, Banten             T +62 21 766 6143
           E amestaliving@grahaabdael.co.id               T +62 813 9998 9828                  F +62 21 765 5620
           www.amestaliving.com                           E greencasa.duo@intimitbana.com      E sereniahills@intiland.com
                                                          https://greenbestaripark.co.id         marketing@sereniahills.co.id
                                                                                               www.sereniahills.co.id


           Brezza                                         Virya Semanan                        South Grove
           Pantai Mutiara Sports Club                     Jl. Lingkar Luar Barat,              Jl. Lebak Bulus I No. 66,
           Jl. Pantai Mutiara                             Duri Kosambi, Cengkareng,            Lebak Bulus, Cilandak,
           T +62 21 6696790                               Jakarta Barat 11750                  Jakarta Selatan, 12440
           E brezza@intiland.com                          T +62 21 5447878                     T +62 21 7666143
           Jakarta Utara 14450                            F +62 21 5446263                     E info@southgrove.id
                                                          E tsi@intiland.com                   www.southgrove.id
                                                          www.intiland.com


           Dharma Raya Trawas – (Villa)                   Magnolia Residence                   Talaga Bestari
           Trawas, Mojokerto 61375, Jawa Timur            Jl. Gatot Subroto, KM 6,8, Jatake,   Jl. Raya Serang KM 21,
           T +62 343 880 015                              Jatiuwung, Tangerang 15136           Cikupa Tangerang, Banten
           F +62 343 880 012                              T +62 21 591 8000                    T +62 21 596 2222
           E grande@intiland.com                          F +62 21 591 3000                    F +62 21 596 3695
           www.intiland.com                               E magnolia@intiland.com              E talagabestari@intiland.com
                                                          www.intiland.com                     www.talagabestari.com


           Graha Famili                                   Pinang Residence
           Property Management                            Jl. Deplu Raya
           Golf Graha Famili Timur II / Blok E Vertikal   Pondok Pinang, Jakarta 12320
           Surabaya 60227, Jawa Timur                     T +62 21 736 2829
           T +62 31 732 1162, 734 8375, 731 0913          F +62 21 570 0015
           F +62 31 734 8378                              E info@intiland.com
           E info@graha-famili.com                        www.intiland.com
           www.intiland.com




           Kawasan Industri / Industrial Estate
           Batang Industrial Park                         Ngoro Industrial Park                Aeropolis Techno Park
           Jl Raya Tulis – Bandar, Kecamatan Tulis,       Jl. Raya Ngoro, Kec. Ngoro           Jl. Marsekal Suryadarma
           Kabupaten Batang,                              Mojokerto 61385                      Neglasari, Tangerang 15129
           Jawa Tengah.                                   T +62 321 681 9432                   T +62 21 5591 3456
           T +62 285 3974188                              F +62 321 681 9433                   F +62 21 5591 3574
           E info@batangindustrialpark.com                E info@ngoroindustrialpark.com       E aeropolis@intiland.com
           www.batangindustrialpark.com                   www.ngoroindustrialpark.com          www.aeropolis.co.id




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PT Intiland Development Tbk                                                        Corporate Social Responsibility



Properti Investasi / Investment Properties
PERKANTORAN / OFFICE

Intiland Tower Jakarta                   Graha Pratama                   Spazio
Intiland Hospitality &                   Jl. MT. Haryono Kav. 15,        Jl. Mayjen Yono Soewoyo Kav 3,
Property Management                      Tebet, Jakarta Selatan,         Surabaya 60226, Jawa Timur
Intiland Tower, M1 Floor                 DKI Jakarta 12810               T +62 31 9900 0901
Jl. Jendral Sudirman 32, Jakarta 10220   T +62 21 8301367                F +62 31 9900 0906
T +62 21 570 8181                        F +62 21 8295493                E spazio@intiland.com
F +62 21 570 8182                                                        www.spazio.co.id
E ihpm@intiland.com
www.intilandtower.com


Intiland Tower Surabaya                  South Quarter
Jl. Panglima Sudirman 101-103            Jl. R.A Kartini Kav.8
Surabaya 60271                           Cilandak Barat, Jakarta 12430
T +62 31 548 2722, 548 2723              T +62 21 750 8088
F +62 31 548 2721                        F +62 21 750 8555
E info@intilandtower.com                 E info@south-quarter.com
www.intilandtower.com                    www.south-quarter.com


PERHOTELAN / HOSPITALITY

Intiwhiz International
Hospitality Management
Intiland Tower, M2 Floor
Jl. Jendral Sudirman 32, Jakarta 10220
T +62 21 571 0088
F +62 21 5785 1130
E contact@whizhotels.com
www.intiwhiz.com


PUSAT BELANJA, RITEL DAN KOMERSIAL | MALL, RETAIL AND COMMERCIAL

Poins                                    WTC Surabaya
Jl. R.A. Kartini No. 1                   Jl. Pemuda No. 27-31,
Lebak Bulus, Jakarta Selatan             Emobong Kaliasin, Genteng,
Jakarta 12440, Indonesia                 Surabaya 60263,
T +62 21 7592 1122                       Jawa Timur
F +62 21 7592 1133                       T +62 31 5319 310
E ppoinssquare@yahoo.com                 E wtcsby@gmail.com
www.poinsquare.com                       www.wtcemall.com




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      Tanggung Jawab Sosial Perusahaan                                                                 Laporan Tahunan | Annual Report 2024


      GOLF & KLUB OLAHRAGA / GOLF & SPORT CLUB

      Golf Graha Famili & Country Club         Natura Clubhouse                             Sports Club Talaga Bestari
      Jl. Raya Golf Graha Famili               Kawasan Perumahan Graha Natura               Jl. Jungle Boulevard No.1,
      Surabaya 60226, Jawa Timur               Jl. Sambi Kerep, Lontar, Surabaya, Jawa      Jungle Walk Talaga Bestari,
      T +62 31 731 5500                        Timur                                        Cikupa, Tangerang, 15710
      F +62 31 731 0477                        T +62 812 2225 5456                          T +62 21 596 3693
      E info@golfgraha.com                     E grahanatura@intiland.com                   F +62 21 596 3695
      www.golfgraha.com                        www.grahanatura.com                          E cs@sportsclubtalagabestari.com
                                                                                            www.sportsclubtalagabestari.com


      Club PM                                  Roca
      Jl. Raya Pantai Mutiara, Pluit           Jl. Boulevard Famili Utara,
      Jakarta Utara 14450                      Blok O Graha Famili,
      T +62 21 669 7146                        Surabaya 60227 Jawa Timur
      F +62 21 669 4489                        T +62 31 9902 0888 / 0183 / 0184
      E clubpm@intiland.com                    F +62 31 9902 0288
      www.sportsclubpm.com                     E roca@intiland.com
                                               www.intiland.com


      Club Serenia Mansion                     Runaway
      Jl. Karang Tengah Raya No. 9             Sports Club Aeropolis
      Lebak Bulus, Jakarta Selatan, 12440      Jl. Sekarwangi No. 61, Kelurahan Neglasari
      T +62 21 750 3002 / 766 6144             Kecamatan Neglasari
      F +62 21 765 5620                        Kota Tangerang 15129
      E clubsereniamansion@intiland.com        T +0819520224344
      www.intiland.com                         www.aeropolis.co.id




      Lain-lain / Others
      Intiland Business Club                      Intiland Circle
      Jakarta                                     Intiland Tower, Penthouse Floor
      Intiland Tower, Penthouse Floor             Jl. Jendral Sudirman 32, Jakarta 10220
      Jl. Jendral Sudirman 32, Jakarta 10220      T +62 21 570 1912
      T +62 21 570 1912                           F +62 21 570 0015
      F +62 21 570 0015                           E info@@intilandcircle.com
      E ibclub.jkt@intiland.com                   www.intilandcircle.com
      www.intilandbusinessclub.com


      Surabaya                                    Intiland Foundation
      Spazio, 8th floor                           Intiland Tower, Penthouse Floor
      Jl. Mayjen Yono Soewoyo Kav.3               Jl. Jendral Sudirman 32, Jakarta 10220
      Graha Famili, Surabaya                      T +62 21 570 1912
      T +62 31 9900 0905                          F +62 21 570 0015
      F +62 31 9900 0906                          E info@intilandfoundation.org
      E ibclub.sby@intiland.com                   www.intiland.com
      www.intilandbusinessclub.com




290
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PT Intiland Development Tbk               Corporate Social Responsibility




                               Laporan
                              Keuangan
                              Financial Statement




         POINS                                                              291
                                                                            291
Page 292
PT Intiland Development Tbk
dan Entitas Anak/and Its Subsidiaries
Laporan Keuangan Konsolidasian/
Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir 31 Desember 2024 dan 2023/
For the Years Ended December 31, 2024 and 2023
Page 293
PT INTILAND DEVELOPMENT Tbk DAN ENTITAS ANAK/AND ITS SUBSIDIARIES
DAFTAR ISI/TABLE OF CONTENTS



                                                                                             Halaman/
                                                                                               Page

Laporan Auditor Independen/Independent Auditors’ Report

Surat Pernyataan Direksi tentang Tanggung Jawab atas Laporan Keuangan Konsolidasian
    PT Intiland Development Tbk dan Entitas Anak untuk Tahun-tahun yang Berakhir
    31 Desember 2024 dan 2023/
The Directors’ Statement on the Responsibility for Consolidated Financial Statements of
   PT Intiland Development Tbk and Its Subsidiaries for the Years Ended December 31, 2024
   and 2023

LAPORAN KEUANGAN KONSOLIDASIAN – Untuk Tahun-tahun yang Berakhir 31 Desember
   2024 dan 2023/
CONSOLIDATED FINANCIAL STATEMENTS – For the Years Ended December 31, 2024 and
   2023

    Laporan Posisi Keuangan Konsolidasian/Consolidated Statements of Financial Position         1

    Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian/Consolidated
       Statements of Profit or Loss and Other Comprehensive Income                              3

    Laporan Perubahan Ekuitas Konsolidasian/Consolidated Statements of Changes in Equity        4

    Laporan Arus Kas Konsolidasian/Consolidated Statements of Cash Flows                        5

    Catatan atas Laporan Keuangan Konsolidasian/Notes to Consolidated Financial Statements      6
Page 294

          
Page 295

          
Page 296

          
Page 297

          
Page 298

          
Page 299

          
Page 300

          
Page 301

          
Page 302
PT INTILAND DEVELOPMENT Tbk DAN ENTITAS ANAK                                                              PT INTILAND DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Laporan Posisi Keuangan Konsolidasian                                                                                 Consolidated Statements of Financial Position
31 Desember 2024 dan 2023                                                                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain)                                            (Figures are Presented in Rupiah, unless Otherwise Stated)




                                                                                 Catatan/
                                                                     2024         Notes           2023

ASET                                                                                                                ASSETS

ASET LANCAR                                                                                                         CURRENT ASSETS

Kas dan setara kas                                           752.320.105.532         4        954.308.405.033       Cash and cash equivalents
Piutang usaha - setelah dikurangi
   cadangan kerugian penurunan nilai                                                                                Trade accounts receivable - net of allowance
   masing-masing sebesar Rp 5.667.020.318                                                                             for impairment of Rp 5,667,020,318 and
   dan Rp 7.346.553.251 pada tanggal                                                                                  Rp 7,346,553,251 as of December 31, 2024
   31 Desember 2024 dan 2023                                                          7                               and 2023, respectively
   Pihak berelasi                                             41.834.506.580         45        81.326.136.387         Related party
   Pihak ketiga                                              125.635.331.022                  108.276.321.637         Third parties
Piutang lain-lain - pihak ketiga - setelah dikurangi
   cadangan kerugian penurunan nilai                                                                                Other accounts receivable - third parties - net of
   sebesar Rp 558.250.000 pada tanggal                                                                                 allowance for impairment of Rp 558,250,000
   31 Desember 2024 dan 2023                                   9.260.434.808          8          3.776.649.729         as of December 31, 2024 and 2023
Persediaan                                                 2.455.485.776.171          9      3.050.818.400.146      Inventories
Uang muka                                                     64.708.396.800         10         60.129.145.186      Advances
Piutang pihak berelasi non - usaha                                         -         15            300.000.000      Due from related parties
Pajak dibayar dimuka                                         118.572.904.796         11        131.417.350.347      Prepaid taxes
Biaya dibayar dimuka yang akan jatuh tempo
   dalam waktu satu tahun                                     11.970.112.613         12        18.601.677.973       Current portion of prepaid expenses
Aset keuangan lainnya                                        290.779.797.975         13       325.815.741.533       Other financial assets

Jumlah Aset Lancar                                         3.870.567.366.297                 4.734.769.827.971      Total Current Assets


ASET TIDAK LANCAR                                                                                                   NONCURRENT ASSETS

Piutang usaha - pihak ketiga                                   4.207.572.459          7         18.048.766.143      Trade accounts receivable - third parties
Aset keuangan lainnya                                         59.455.674.705         13         81.170.785.344      Other financial assets
Persediaan                                                 2.754.565.132.660          9      2.843.950.174.280      Inventories
Uang muka                                                    269.265.037.799         10        272.290.508.754      Advances
Biaya dibayar dimuka - setelah dikurangi bagian
   yang akan jatuh tempo dalam waktu satu tahun                1.443.104.963         12          2.408.405.726      Prepaid expenses - net of current portion
Tanah yang belum dikembangkan                              3.896.603.155.948         14      3.659.395.961.185      Land for development
Piutang pihak berelasi non - usaha                                         -         15          4.238.139.758      Due from related parties
Investasi aset keuangan pada nilai wajar                                                                            Investments in financial assets at fair value
   melalui penghasilan komprehensif lain                     102.421.571.139          6        27.015.753.500          through other comprehensive income
Investasi entitas asosiasi dan ventura bersama               352.553.814.896         16       425.488.988.159       Investments in associates and joint ventures
Aset pajak tangguhan                                         361.884.884.914         42       414.372.823.787       Deferred tax assets
Properti investasi - setelah dikurangi                                                                              Investment properties - net of accumulated
   akumulasi penyusutan masing-masing sebesar                                                                          depreciation of Rp 921,499,101,815 and
   Rp 921.499.101.815 dan Rp 831.657.390.348                                                                           Rp 831,657,390,348 as of December 31, 2024
   pada tanggal 31 Desember 2024 dan 2023                  1.638.491.113.505         17      1.749.636.360.459         and 2023, respectively
Aset tetap - setelah dikurangi akumulasi                                                                            Property and equipment - net of accumulated
   penyusutan masing-masing sebesar                                                                                    depreciation of Rp 426,122,788,448 and
   Rp 426.122.788.448 dan Rp 398.807.553.247                                                                           Rp 398,807,553,247 as of December 31, 2024
   pada tanggal 31 Desember 2024 dan 2023                    384.463.445.185         18       363.778.449.257          and 2023, respectively
Goodwill                                                       6.184.505.653         19         6.184.505.653       Goodwill
Aset lain-lain                                                 1.446.700.774         20         1.158.693.216       Other assets

Jumlah Aset Tidak Lancar                                   9.832.985.714.600                 9.869.138.315.221      Total Noncurrent Assets

JUMLAH ASET                                               13.703.553.080.897                14.603.908.143.192      TOTAL ASSETS




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                         See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                    which are an integral part of the consolidated financial statements.



                                                                               -1-
Page 303
PT INTILAND DEVELOPMENT Tbk DAN ENTITAS ANAK                                                              PT INTILAND DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Laporan Posisi Keuangan Konsolidasian                                                                                 Consolidated Statements of Financial Position
31 Desember 2024 dan 2023                                                                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain)                                            (Figures are Presented in Rupiah, unless Otherwise Stated)




                                                                                 Catatan/
                                                                     2024         Notes           2023

LIABILITAS DAN EKUITAS                                                                                              LIABILITIES AND EQUITY

LIABILITAS                                                                                                          LIABILITIES

LIABILITAS JANGKA PENDEK                                                                                            CURRENT LIABILITIES

Utang bank jangka pendek                                   1.045.556.048.076         21      1.248.879.609.582      Short-term bank loans
Utang usaha kepada pihak ketiga                               84.351.133.392         23         65.099.135.163      Trade accounts payable to third parties
Utang lain-lain                                               50.610.996.542         24         84.352.444.326      Other accounts payable
Utang pajak                                                   27.856.897.639         25         34.537.604.664      Taxes payable
Beban akrual                                                 523.636.709.510         26        793.319.735.575      Accrued expenses
Pendapatan diterima dimuka                                    95.721.743.978         27        126.962.849.398      Unearned revenues
Liabilitas kontrak                                         1.162.804.337.024         28      1.419.623.972.560      Contract liabilities
Bagian liabilitas jangka panjang yang akan
   jatuh tempo dalam waktu satu tahun:                                                                              Current portion of long-term liabilities:
   Utang bank                                                125.743.246.215         21       191.809.147.694         Bank loans
   Utang pembiayaan konsumen                                     168.242.894         29            94.045.230         Consumer finance payables
   Utang sukuk ijarah                                        372.556.207.453         22       123.422.205.625         Sukuk ijarah payable
Uang jaminan                                                  94.102.630.111         30        64.615.863.959       Guarantee deposits

Jumlah Liabilitas Jangka Pendek                            3.583.108.192.834                 4.152.716.613.776      Total Current Liabilities


LIABILITAS JANGKA PANJANG                                                                                           NONCURRENT LIABILITIES

Utang lain-lain                                              388.136.973.706         24       248.931.673.737       Other accounts payable
Pendapatan diterima dimuka                                    13.062.822.804         27         5.007.522.222       Unearned revenues
Liabilitas kontrak                                            95.107.074.994         28       167.633.356.705       Contract liabilities
Uang jaminan                                                 214.072.102.203         30       230.908.977.301       Guarantee deposits
Liabilitas imbalan kerja jangka panjang                       98.120.466.141         44        98.093.199.513       Long-term employee benefits liability
Liabilitas jangka panjang - setelah dikurangi
   bagian yang akan jatuh tempo dalam waktu
   satu tahun:                                                                                                      Long-term liabilities - net of current portion:
   Utang bank                                              2.564.887.442.237         21      2.791.718.918.189        Bank loans
   Utang pembiayaan konsumen                                     113.185.575         29             97.822.662        Consumer finance payables
   Utang sukuk ijarah                                                      -         22        369.428.399.149        Sukuk ijarah payable
Liabilitas pajak tangguhan                                        32.350.021         42            190.231.914      Deferred tax liabilities

Jumlah Liabilitas Jangka Panjang                           3.373.532.417.681                 3.912.010.101.392      Total Noncurrent Liabilities

Jumlah Liabilitas                                          6.956.640.610.515                 8.064.726.715.168      Total Liabilities

EKUITAS                                                                                                             EQUITY

Ekuitas yang Dapat Diatribusikan kepada                                                                             Equity Attributable to Owners of
  Pemilik Entitas Induk                                                                                               the Parent Company
Modal saham                                                                                                         Capital stock
  Modal dasar - 24.000.000.000 saham                                                                                  Authorized - 24,000,000,000 shares with
      dengan nilai nominal Rp 250 per saham                                                                              Rp 250 par value per share
  Modal ditempatkan dan disetor -
      10.365.854.185 saham                                 2.591.463.546.250         33      2.591.463.546.250         Issued and paid-up - 10,365,854,185 shares
Tambahan modal disetor - bersih                            1.096.320.037.357         34      1.096.320.037.357      Additional paid-in capital - net
Selisih nilai transaksi dengan kepentingan                                                                          Difference in value arising from transactions with
  non-pengendali                                             514.290.640.361                  425.114.435.960          non-controlling interests
Saldo laba                                                                                                          Retained earnings
  Ditentukan penggunaannya                                    22.000.000.000         35         20.000.000.000         Appropriated
  Belum ditentukan penggunaannya                           1.350.529.925.832                 1.174.519.124.330         Unappropriated

Jumlah Ekuitas yang Dapat Diatribusikan                                                                             Total Equity Attributable to Owners of
  kepada Pemilik Entitas Induk                             5.574.604.149.800                 5.307.417.143.897        the Parent Company
Kepentingan Non-pengendali                                 1.172.308.320.582         32      1.231.764.284.127      Non-controlling interests

Jumlah Ekuitas                                             6.746.912.470.382                 6.539.181.428.024      Total Equity

JUMLAH LIABILITAS DAN EKUITAS                             13.703.553.080.897                14.603.908.143.192      TOTAL LIABILITIES AND EQUITY




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                         See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                    which are an integral part of the consolidated financial statements.


                                                                               -2-
Page 304
PT INTILAND DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                 PT INTILAND DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian                           Consolidated Statements of Profit or Loss and Other Comprehensive Income
Untuk Tahun-tahun yang Berakhir 31 Desember 2024 dan 2023                                                              For the Years Ended December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain)                                                (Figures are Presented in Rupiah, unless Otherwise Stated)


                                                                                 Catatan/
                                                                     2024         Notes                 2023

PENDAPATAN USAHA                                            2.553.285.289.717      36             3.906.826.399.192      REVENUES

BEBAN POKOK PENJUALAN DAN
  BEBAN LANGSUNG                                            1.767.933.285.955      37             2.321.030.583.199      COST OF SALES AND DIRECT EXPENSES

LABA KOTOR                                                    785.352.003.762                     1.585.795.815.993      GROSS PROFIT
BEBAN USAHA                                                                                                              OPERATING EXPENSES
Penjualan                                                      58.947.587.754      38                48.693.481.344      Selling
Umum dan administrasi                                         272.173.222.318      39               266.633.203.653      General and administrative

Jumlah Beban Usaha                                            331.120.810.072                       315.326.684.997      Total Operating Expenses

LABA USAHA                                                    454.231.193.690                     1.270.469.130.996      OPERATING PROFIT
PENGHASILAN (BEBAN) LAIN-LAIN                                                                                            OTHER INCOME (EXPENSES)
Keuntungan atas penghapusan liabilitas keuangan               328.161.741.895      21                             -      Gain on extinguishment of financial liabilities
Pendapatan dividen                                             21.507.324.640       6                13.637.661.200      Dividend income
Pendapatan bunga                                               19.563.442.726      40                24.284.156.323      Interest income
Keuntungan penjualan investasi entitas anak                     1.747.172.155                                     -      Gain on sale of investment in subsidiary
Ekuitas di entitas asosiasi sebelum pelepasan                   1.496.867.152      16                             -      Equity in an associate prior to disposal
Keuntungan penjualan aset tetap                                   384.422.561      18                   836.088.355      Gain on sale of property and equipment
Keuntungan (kerugian) kurs mata uang asing - bersih               126.760.894                        (1.779.708.615)     Gain (loss) on foreign exchange - net
Beban bunga                                                  (359.417.153.294)     41              (389.477.437.701)     Interest expense
Komponen pendanaan atas liabilitas kontrak                    (97.839.163.849)     28              (187.378.880.639)     Financing component of contract liabilities
Kerugian penjualan investasi entitas asosiasi                 (12.183.459.226)     16                             -      Loss on sale of investment in associates
Ekuitas di entitas anak sebelum pelepasan                         (25.529.824)                                    -      Equity in a subsidiary prior to disposal
Dampak modifikasi atas arus kas                                                                                          Impact of modification of cash flow of
  liabilitas keuangan                                                       -      21                62.361.367.318         financial liabilities
Keuntungan dari perubahan nilai wajar investasi                                                                          Gain on change in fair value of investments
  yang diukur pada nilai wajar melalui laba rugi                            -       5                   709.637.250         at fair value through profit and loss
Cadangan kerugian penurunan nilai uang muka                                 -      10              (286.048.586.561)     Allowance for decline in value of advances
Lain-lain - bersih                                            (24.008.033.768)                      (49.872.787.621)     Others - net

Beban Lain-lain - Bersih                                     (120.485.607.938)                     (812.728.490.691)     Other Expenses - Net

EKUITAS PADA LABA BERSIH ENTITAS                                                                                         SHARE IN NET PROFIT OF
  ASOSIASI DAN VENTURA BERSAMA                                 73.340.417.189      16               396.154.857.501        ASSOCIATES AND JOINT VENTURE

LABA SEBELUM PAJAK FINAL DAN                                                                                             PROFIT BEFORE FINAL TAX AND
  PAJAK PENGHASILAN                                           407.086.002.941                       853.895.497.806        INCOME TAX

PAJAK FINAL                                                   (80.511.912.920)                     (104.027.361.424)     FINAL TAX

LABA SEBELUM PAJAK PENGHASILAN                                326.574.090.021                       749.868.136.382      PROFIT BEFORE INCOME TAX

MANFAAT (BEBAN) PAJAK                                                              42                                    TAX BENEFIT (EXPENSE)
Kini                                                          (10.815.815.418)                       (8.578.471.184)     Current tax
Tangguhan                                                     (51.906.543.548)                       16.738.706.148      Deferred tax
Manfaat (beban) pajak - bersih                                (62.722.358.966)                        8.160.234.964      Tax benefit (expense) - net

LABA TAHUN BERJALAN                                           263.851.731.055                       758.028.371.346      PROFIT FOR THE YEAR
PENGHASILAN (RUGI) KOMPREHENSIF LAIN                                                                                     OTHER COMPREHENSIVE INCOME (LOSS)
                                                                                                                         Items that will not be reclassified subsequently
Pos yang tidak akan direklasifikasi ke laba rugi:                                                                           to profit or loss:
  Ekuitas pada pengukuran kembali liabilitas
     imbalan pasti dari entitas asosiasi dan                                                                                Share of remeasurement of defined benefit
     ventura bersama                                               61.905.886      16                    80.611.938           liability of associates and joint venture
  Pengukuran kembali liabilitas imbalan pasti                   3.975.577.961      44                (2.300.474.388)        Remeasurement of defined benefit liability
  Pajak sehubungan dengan pos yang tidak                                                                                    Tax relating to items that will not
     akan direklasifikasi                                        (423.513.432)     42                  226.453.390            be reclassified
JUMLAH PENGHASILAN (RUGI) KOMPREHENSIF                                                                                   TOTAL OTHER COMPREHENSIVE INCOME
  LAIN - BERSIH                                                 3.613.970.415                        (1.993.409.060)       (LOSS) - NET OF TAX

JUMLAH PENGHASILAN KOMPREHENSIF                               267.465.701.470                       756.034.962.286      TOTAL COMPREHENSIVE INCOME

JUMLAH LABA TAHUN BERJALAN YANG                                                                                          TOTAL PROFIT FOR THE YEAR
  DAPAT DIATRIBUSIKAN KEPADA:                                                                                              ATTRIBUTABLE TO:
  Pemilik entitas induk                                       174.766.158.653                       174.108.406.452        Owners of the Parent Company
  Kepentingan non-pengendali                                   89.085.572.402                       583.919.964.894        Non-controlling interests
                                                              263.851.731.055                       758.028.371.346
JUMLAH PENGHASILAN KOMPREHENSIF                                                                                          TOTAL COMPREHENSIVE INCOME
  YANG DAPAT DIATRIBUSIKAN KEPADA:                                                                                         ATTRIBUTABLE TO:
  Pemilik entitas induk                                       178.010.801.502                       172.358.739.118        Owners of the Parent Company
  Kepentingan non-pengendali                                   89.454.899.968      32               583.676.223.168        Non-controlling interests
                                                              267.465.701.470                       756.034.962.286

LABA PER SAHAM DASAR                                             16,86             43                  16,80             BASIC EARNINGS PER SHARE



Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                             See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                        which are an integral part of the consolidated financial statements.




                                                                                 -3-
Page 305
PT INTILAND DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                                                                                                                           PT INTILAND DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Laporan Perubahan Ekuitas Konsolidasian                                                                                                                                                                                            Consolidated Statements of Changes in Equity
Untuk Tahun-tahun yang Berakhir 31 Desember 2024 dan 2023                                                                                                                                                                       For the Years Ended December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali Dinyatakan Lain)                                                                                                                                                         (Figures are Presented in Rupiah, unless Otherwise Stated)


                                                                                                 Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk/Equity Attributable to Owners of the Parent Company
                                                                                                                                  Selisih Nilai Transaksi
                                                                                                                                   dengan Kepentingan
                                                                                                                                     Nonpengendali/
                                                                                            Modal            Tambahan Modal         Difference in Value
                                                                                        Ditempatkan              Disetor/               Arising from             Saldo Laba/Retained Earnings                                          Kepentingan
                                                                                        dan Disetor/            Additional          Transactions with          Ditentukan           Belum Ditentukan                                  Nonpengendali/
                                                                            Catatan/     Issued and              Paid-in             Non-Controlling        Penggunaannya/           Penggunaannya/             Jumlah/               Non-Controlling             Jumlah Ekuitas/
                                                                             Notes     Paid-up Capital           Capital                 Interests            Appropriated            Unappropriated             Total                   Interests                  Total Equity

Saldo pada tanggal 1 Januari 2023/
   Balance as of January 1, 2023                                                       2.591.463.546.250     1.096.320.037.357        425.114.435.960          20.000.000.000      1.002.160.385.212        5.135.058.404.779         1.080.594.550.641            6.215.652.955.420

Penghasilan (rugi) komprehensif/Comprehensive income (loss)

Laba tahun berjalan/Profit for the year                                                                -                     -                       -                      -       174.108.406.452           174.108.406.452           583.919.964.894              758.028.371.346

Rugi komprehensif lain/Other comprehensive loss

   Pengukuran kembali liabilitas imbalan kerja jangka panjang/
      Remeasurement of long-term employee benefits liability                                           -                     -                       -                      -         (1.749.667.334)          (1.749.667.334)              (243.741.726)              (1.993.409.060)

Jumlah penghasilan komprehensif/
  Total comprehensive income                                                                           -                     -                       -                      -       172.358.739.118           172.358.739.118           583.676.223.168              756.034.962.286

Transaksi dengan pemilik/Transactions with owners

   Bagian kepentingan non-pengendali atas dividen entitas anak/
      Non-controlling interest share in dividends declared by subsidiary      32                       -                     -                       -                      -                      -                         -          (268.669.489.682)           (268.669.489.682)
   Peningkatan modal entitas anak/
      Capital injection in subsidiary                                         32                       -                     -                       -                      -                      -                         -            22.149.000.000              22.149.000.000
   Penurunan modal entitas anak/
      Capital reduction in subsidiary                                         32                       -                     -                       -                      -                      -                         -          (220.735.000.000)           (220.735.000.000)
   Peningkatan uang muka investasi entitas anak/
      Increase in advances for investment in subsidiary                                                -                     -                       -                      -                      -                         -            34.749.000.000              34.749.000.000
Jumlah transaksi dengan pemilik/
  Total comprehensive income (loss)                                                                    -                     -                       -                      -                      -                         -          (432.506.489.682)           (432.506.489.682)

Saldo pada tanggal 31 Desember 2023/
   Balance as of December 31, 2023                                                     2.591.463.546.250     1.096.320.037.357        425.114.435.960          20.000.000.000      1.174.519.124.330        5.307.417.143.897         1.231.764.284.127            6.539.181.428.024

Penghasilan komprehensif/Comprehensive income

Laba tahun berjalan/Profit for the year                                                                -                     -                       -                      -       174.766.158.653           174.766.158.653             89.085.572.402             263.851.731.055

Penghasilan komprehensif lain/Other comprehensive income

   Pengukuran kembali liabilitas imbalan kerja jangka panjang/
      Remeasurement of long-term employee benefits liability                                           -                     -                       -                      -          3.244.642.849            3.244.642.849                369.327.566                3.613.970.415

Jumlah penghasilan komprehensif/
  Total comprehensive income                                                                           -                     -                       -                      -       178.010.801.502           178.010.801.502             89.454.899.968             267.465.701.470

Transaksi dengan pemilik/Transactions with owners

   Bagian kepentingan non-pengendali atas dividen entitas anak/
      Non-controlling interest share in dividends declared by subsidiary      32                       -                     -                       -                      -                      -                         -           (33.355.359.112)             (33.355.359.112)

   Peningkatan modal entitas anak/
      Capital injection in subsidiary                                         32                       -                     -                       -                      -                      -                         -             3.953.700.000                3.953.700.000

   Penurunan modal entitas anak/
      Capital reduction in subsidiary                                         32                       -                     -                       -                      -                      -                         -          (131.133.000.000)           (131.133.000.000)

   Pelepasan sebagian kepemilikan pada entitas anak
      tidak mengakibatkan hilangnya pengendalian/
      Disposal of interest in subsidiary not resulting to loss of control    1c, 32                    -                     -         89.176.204.401                       -                      -           89.176.204.401             11.623.795.599             100.800.000.000

Jumlah transaksi dengan pemilik/
  Total comprehensive income (loss)                                                                    -                     -         89.176.204.401                       -                      -           89.176.204.401           (148.910.863.513)             (59.734.659.112)

Pembentukan cadangan umum/
  Appropriation for general reserve                                           35                       -                     -                       -          2.000.000.000         (2.000.000.000)                        -                           -                          -

Saldo pada tanggal 31 Desember 2024/
   Balance as of December 31, 2024                                                     2.591.463.546.250     1.096.320.037.357        514.290.640.361          22.000.000.000      1.350.529.925.832        5.574.604.149.800         1.172.308.320.582            6.746.912.470.382

Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                                                                                                                             See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                                                                                                                           which are an integral part of the consolidated financial statements.




                                                                                                                                                    -4-
Page 306
PT INTILAND DEVELOPMENT Tbk DAN ENTITAS ANAK                                                                               PT INTILAND DEVELOPMENT Tbk AND ITS SUBSIDIARIES
Laporan Arus Kas Konsolidasian                                                                                                               Consolidated Statement of Cash Flows
Untuk Tahun-tahun yang Berakhir 31 Desember 2024 dan 2023                                                                          For the Years Ended December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah,                                                                                                              (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                                                                  unless Otherwise Stated)



                                                                                         Catatan/
                                                                         2024             Notes           2023

ARUS KAS DARI AKTIVITAS OPERASI                                                                                             CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan dari pelanggan                                        2.211.787.917.654                  2.052.686.212.704       Cash receipts from customers
Pembayaran kepada:                                                                                                          Cash paid to:
  Pemasok                                                        (1.249.704.604.842)                (1.346.528.823.779)       Suppliers
  Karyawan                                                         (290.014.735.301)                  (270.855.637.507)       Employees
  Lain-lain                                                          (4.387.054.041)                   (17.202.213.487)       Others
Kas dihasilkan dari operasi                                           667.681.523.470                 418.099.537.931       Net cash generated from operations
Pembayaran bunga                                                     (423.836.481.697)               (439.934.910.529)      Interest paid
Pembayaran pajak penghasilan                                          (79.556.953.444)                (72.427.141.527)      Income tax paid
Kas Bersih Diperoleh dari (Digunakan untuk)
  Aktivitas Operasi                                                  164.288.088.329                  (94.262.514.125)      Net Cash Provided by (Used in) Operating Activities

ARUS KAS DARI AKTIVITAS INVESTASI                                                                                           CASH FLOWS FROM INVESTING ACTIVITIES
Penerimaan dividen                                                    84.629.956.142       6,16       347.635.524.240       Dividends received
Penerimaan atas penjualan investasi entitas asosiasi                  40.902.675.377       16                       -       Proceeds from sale of investments in associates
Penurunan (kenaikan) uang muka investasi                              28.000.000.000       10         (10.000.000.000)      Decrease (increase) in advances for stock investments
Penerimaan bunga                                                      19.563.442.726       40          32.021.679.590       Interest received
Penerimaan dari penjualan entitas anak -                                                                                    Proceeds from sale of subsidiary - net of cash balance of
  dikurangi saldo kas entitas anak yang dijual                          6.181.928.762      1c                       -          disposed subsidiary
Penurunan piutang pihak berelasi                                        4.238.139.758      15             360.560.782       Decrease in amount due from related parties
Hasil penjualan aset tetap                                              1.145.411.365      18           1.172.349.011       Proceeds from sale of property and equipment
Pembayaran atas penurunan modal di entitas anak                      (131.133.000.000)     32        (220.735.000.000)      Payment for reduction in capital in subsidiaries
Penambahan investasi aset keuangan pada                                                                                     Payment for additions in investments in financial asset
  nilai wajar melalui penghasilan komprehensif lain                   (75.000.000.000)     6                        -          at fair value through other comprehensive income
Penambahan aset tetap                                                 (51.136.630.249)    18,53       (39.838.350.068)      Acquisitions of property and equipment
Penambahan investasi pada entitas asosiasi dan                                                                              Payment for additions in investments in associates and
  ventura bersama                                                      (7.050.000.000)     16         (12.900.000.000)         joint ventures
Penurunan (kenaikan) piutang lain-lain                                 (3.408.336.470)      8         253.412.380.623       Decrease (increase) in other accounts receivable
Perolehan properti investasi                                           (2.224.823.224)     17          (2.148.677.671)      Acquisitions of investment properties
Penerimaan atas pencairan investasi                                                 -      5           62.331.280.368       Proceeds from withdrawal of investments
Kas Bersih Diperoleh dari (Digunakan untuk)
  Aktivitas Investasi                                                 (85.291.235.813)                411.311.746.875       Net Cash Provided by (Used in) Investing Activities

ARUS KAS DARI AKTIVITAS PENDANAAN                                                                                           CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan pinjaman bank jangka panjang                              350.000.000.000       21         179.320.763.500       Proceeds from long-term bank loans
Penerimaan dari penjualan kepemilikan entitas anak                                                                          Proceeds from sale of interest in a subsidiary
  tanpa kehilangan pengendali                                         100.800.000.000      1c                       -         without loss of control
Penerimaan utang bank jangka pendek                                    42.462.220.733      21          43.503.693.134       Proceeds from short term bank loans
Penerimaan utang lain-lain                                             15.154.968.448      24          44.214.061.114       Proceeds from other payables
Pembayaran pinjaman bank jangka panjang                              (342.258.367.491)     21        (176.025.335.357)      Payment of long-term bank loans
Pembayaran utang bank jangka pendek                                  (247.324.409.720)     21        (249.839.515.478)      Payments of short term bank loans
Pembayaran utang sukuk ijarah                                        (125.000.000.000)     22                       -       Payments of sukuk ijarah payable
Pembayaran utang lain-lain                                            (41.529.396.735)     24         (97.646.671.140)      Payment of other payables
Pembayaran dividen oleh entitas anak
  kepada pihak nonpengendali                                          (33.355.359.112)     32        (268.669.489.682)      Dividends paid by a subsidiary to noncontrolling interest
Pembayaran utang pembiayaan konsumen                                     (128.826.910)     29             (82.415.026)      Payment of consumer finance payables

Kas Bersih Digunakan untuk
  Aktivitas Pendanaan                                                (281.179.170.787)               (525.224.908.935)      Net Cash Used in Financing Activities

PENURUNAN BERSIH                                                                                                            NET DECREASE IN
  KAS DAN SETARA KAS                                                 (202.182.318.271)               (208.175.676.185)        CASH AND CASH EQUIVALENTS
                                                                                                                            CASH AND CASH EQUIVALENTS AT
KAS DAN SETARA KAS AWAL TAHUN                                        954.308.405.033                1.162.691.397.052          THE BEGINNING OF YEAR
Pengaruh perubahan kurs mata uang asing                                  194.018.770                     (207.315.834)      Effect of foreign exchange rate changes

KAS DAN SETARA KAS AKHIR TAHUN                                       752.320.105.532        4         954.308.405.033       CASH AND CASH EQUIVALENTS AT THE END OF YEAR




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                           See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                         which are an integral part of the consolidated financial statements.



                                                                                         -5-
Page 307
PT INTILAND DEVELOPMENT Tbk                                                           PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2024 dan 2023                                                                  December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                  (Figures are Presented in Rupiah, unless
Dinyatakan Lain)                                                                                     Otherwise Stated)


1. Umum                                                          1.    General

   a.   Pendirian dan Informasi Umum                                   a.    Establishment and General Information

        PT Intiland Development Tbk (Perusahaan)                             PT Intiland Development Tbk (the Company)
        didirikan   dalam     rangka    Undang-Undang                        was established within the framework of the
        Penanaman Modal Asing No. 1 tahun 1967,                              Foreign Capital Investment Law No. 1 year
        juncto Undang-Undang No. 11 tahun 1970,                              1967, as amended by Law No. 11 year 1970,
        berdasarkan      Akta     No.    118    tanggal                      based on Notarial Deed No. 118 dated
        10 Juni 1983 dari Kartini Muljadi, S.H., notaris                     June 10, 1983 of Kartini Muljadi, S.H.,
        di Jakarta, dengan nama PT Wisma Dharmala                            a public notary in Jakarta, under the name of
        Sakti. Akta Pendirian ini disahkan oleh Menteri                      PT Wisma Dharmala Sakti. The Deed of
        Kehakiman Republik Indonesia dalam Surat                             Establishment was approved by the Minister
        Keputusan No. C2-6668-HT.01.01Th.83 tanggal                          of Justice of the Republic of Indonesia in his
        10 Oktober 1983 dan telah didaftarkan dalam                          Decision Letter No. C2-6668-HT.01.01Th.83
        buku register di Kantor Pengadilan Negeri                            dated October 10, 1983 and has been
        Jakarta Barat berturut-turut No. 1183/1983 Not                       registered in the register book at the West
        dan No. 1184/1983 Not. serta telah diumumkan                         Jakarta District Court Office No. 1183/1983
        dalam TBNRI No. 1102 dari Berita Negara RI                           Not and No. 1184/1983 Not. and has been
        No. 104 tanggal 30 Desember 1983. Anggaran                           announced in TBNRI No. 1102 from the State
        Dasar Perusahaan telah mengalami beberapa                            Gazette of the Republic of Indonesia No. 104
        kali perubahan, terakhir dengan Akta No. 69                          dated December 30, 1983. The Company’s
        tanggal 20 Juli 2022 dari Humberg Lie, SH.,                          Articles of Association have been amended
        SE., M.Kn., notaris di Jakarta, mengenai                             several times, most recently by Deed No. 69
        penyesuaian maksud, tujuan serta kegiatan                            dated July 20, 2022 from Humberg Lie, SH.,
        usaha Perusahaan sesuai dengan Klasifikasi                           SE., M.Kn., a public notary in Jakarta, in
        Baku Lapangan Usaha Indonesia (KBLI) 2020.                           relation to the adjustment of the Company’s
        Perubahan ini telah mendapat persetujuan dari                        purposes, objectives and business activities
        Menteri Hukum dan Hak Asasi Manusia                                  in accordance with the 2020 Indonesian
        Republik Indonesia melalui Surat Keputusan                           Standard Industrial Classification (KBLI). This
        No.     AHU-0052678.AH.01.02.Tahun        2022                       amendments was approved by the Minister of
        tanggal 27 Juli 2022.                                                Law and Human Rights of the Republic of
                                                                             Indonesia in his Decision Letter No. AHU-
                                                                             0052678.AH.01.02.Year 2022 dated July 27,
                                                                             2022.

        Sesuai dengan pasal 3 Anggaran Dasar                                 In accordance with article 3 of the Company’s
        Perusahaan,      ruang     lingkup     kegiatan                      Articles of Association, the scope of its
        Perusahaan terutama meliputi bidang usaha                            activities is to engage in the construction and
        pembangunan dan persewaan perkantoran.                               rental of office buildings. The Company
        Perusahaan mulai beroperasi secara komersial                         started its commercial operations on
        sejak 1 Oktober 1987 dengan aktivitas                                October 1, 1987 with main activities in real
        utamanya adalah industri real estat, sedangkan                       estate industry, while the subsidiaries have
        entitas anak menjalankan proyek-proyek                               real estate projects as follows:
        sebagai berikut:

                Entitas Anak/The Subsidiaries                    Nama Proyek/Projects                  Lokasi/Location

        Badan Kerjasama Intiland Starlight                                Spazio                          Surabaya
        Badan Kerjasama Mutiara Buana                                     Regatta                          Jakarta
        PT Abadi Citra Lestari                                        Griya Semanan                        Jakarta
        PT Gandaria Prima                                             1Park Avenue                         Jakarta
        PT Gandaria Prima                                              1Park Homes                         Jakarta
        PT Grande Family View                                          Graha Family                       Surabaya
        PT Grande Family View                                          The Rosebay                        Surabaya
        PT Grande Imperial                                              Sumatra 36                        Surabaya




                                                           -6-
Page 308
PT INTILAND DEVELOPMENT Tbk                                                          PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2024 dan 2023                                                                 December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                  (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                    Otherwise Stated)


                Entitas Anak/The Subsidiaries                    Nama Proyek/Projects                  Lokasi/Location

        PT Intiland Grande                                        Graha Natura                            Surabaya
        PT Intiland Grande                                        Spazio Tower                            Surabaya
        PT Intiland Grande                                            Tierra                              Surabaya
        PT Intiland Grande                                     Plasa Segi Delapan                         Surabaya
        PT Intiland Grande                                          Whiz Luxe                             Surabaya
        PT Intiland Sejahtera                                Kawasan Industri Ngoro II                    Surabaya
        PT Inti Gria Palamarta                                 Quantum Extension                           Jakarta
        PT Inti Gria Perdana                                       Serenia Hills                           Jakarta
        PT Inti Gria Pramudya                                      South Grove                             Jakarta
        PT Perkasalestari Permai                                    Aeropolis                              Jakarta
        PT Perkebunan dan Industri Segajung                   Batang Industrial Park                       Batang
        PT Primasentosa Ganda                                         Praxis                              Surabaya
        PT Putra Sinar Permaja                                    South Quarter                            Jakarta
        PT Putra Sinar Permaja                                       SQRes                                 Jakarta
        PT Raharja Mitra Familia                                  57 Promenade                             Jakarta
        PT Selasih Safar                                       Magnolia Residence                         Tangerang
        PT Sinar Cemerlang Gemilang                                 Graha Golf                            Surabaya
        PT Sinar Puspapersada                                     Talaga Bestari                          Tangerang
        PT Taman Harapan Indah                                  Pinang Residence                           Jakarta
        PT Taman Harapan Indah                                   Virya Semanan                             Jakarta
        PT Taman Harapan Indah                                        Breza                                Jakarta
        PT Taman Harapan Indah                                   Sakha Semanan                             Jakarta
        PT Vida Irvetta Peninsula                                 Serenia Estate                           Jakarta

        Perusahaan tergabung dalam kelompok usaha                           The Company is one of the companies
        Intiland. Perusahaan berdomisili di Jakarta                         owned by Intiland Group. The Company is
        dengan kantor pusat beralamat di Intiland                           domiciled in Jakarta and its head office is
        Tower, Penthouse, Jl. Jenderal Sudirman                             located at Intiland Tower, Penthouse,
        Kav. 32, Jakarta.                                                   Jl. Jenderal Sudirman Kav. 32, Jakarta.

        Perusahaan dan entitas anak selanjutnya                             The Company and its subsidiaries are
        bersama-sama disebut sebagai “Grup”.                                collectively referred to herein as “the Group”.

        Pemegang saham akhir Grup adalah Hendro                             The ultimate shareholder of the Group is
        Santoso Gondokusumo (Almarhum, 2025).                               Hendro Santoso Gondokusumo (Deceased,
                                                                            2025).

   b.   Penawaran Umum          Efek     dan    Obligasi              b.    Public Offering of Shares and Bonds
        Perusahaan

        Penawaran Umum Saham                                                Shares Offering

        Pada tanggal 21 Oktober 1989, Perusahaan                            On October 21, 1989, the Company
        memperoleh Pernyataan Efektif dari Menteri                          obtained        Notice        of      Effectivity
        Keuangan Republik Indonesia dengan Surat                            No. S1-064/SHM/MK.10/1989 from               the
        Keputusan No. S1-064/SHM/MK.10/1989 untuk                           Minister of Finance of the Republic of
        melakukan penawaran umum atas 6.000.000                             Indonesia for the offering of 6,000,000 shares
        saham Perusahaan di Bursa Paralel kepada                            to the public through the parallel stock
        masyarakat. Saham-saham tersebut telah                              exchange. These shares were listed in the
        tercatat pada tanggal 15 Januari 1990.                              parallel stock exchange on January 15, 1990.
        Bersamaan dengan pernyataan tersebut,                               Based on such notification, the Company also
        Perusahaan juga mencatatkan sebanyak                                listed in the parallel stock exchange
        6.000.000 saham dari pemegang saham lama                            additional 6,000,000 shares from founding
        pada Bursa Paralel, sehingga jumlah saham                           stockholders resulting in listed shares totaling
        yang dicatatkan menjadi 12.000.000 saham.                           to 12,000,000 shares.


                                                           -7-
Page 309
PT INTILAND DEVELOPMENT Tbk                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
31 Desember 2024 dan 2023                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                        Otherwise Stated)


       Pada tanggal 2 Agustus 1991, Perusahaan                  On August 2, 1991, the Company obtained
       memperoleh Pernyataan Efektif dari Ketua                 the Notice of Effectivity No. S-1407/PM/1991
       Badan Pengawas Pasar Modal (sekarang                     from the Chairman of the Capital Market
       Otoritas Jasa Keuangan-OJK) dengan Surat                 Supervisory Agency (Financial Services
       Keputusan     No.   S-1407/PM/1991  untuk                Authority-OJK) for the offering of 12,000,000
       melakukan penawaran umum atas 12.000.000                 shares to the public. These shares were
       saham. Saham-saham tersebut dicatat pada                 listed in the Indonesia Stock Exchange on
       tanggal 1 September 1991.                                September 1, 1991.

       Pada tanggal 18 Juni 1992, Perusahaan                    On June 18, 1992, the Company obtained
       memperoleh      Pernyataan     Efektif   dari            Notice of Effectivity No. S-989/PM/1992
       Ketua Bapepam (sekarang Otoritas Jasa                    from the Chairman of Bapepam for its
       Keuangan-OJK) No. S-989/PM/1992 perihal                  Rights Issue I of 121,418,000 shares to
       pemberitahuan       efektifnya    Pernyataan             the stockholders. These shares were
       Pendaftaran Perusahaan mengenai penawaran                listed in the Indonesia Stock Exchange on
       umum terbatas I sebesar 121.418.000 saham                September 8,1992.
       kepada para pemegang saham. Saham-saham
       tersebut dicatat pada Bursa Efek Indonesia
       pada tanggal 8 September 1992.

       Pada tanggal 6 Juni 1994, Perusahaan                     On June 6, 1994, the Company obtained
       memperoleh pernyataan efektif dari Ketua                 Notice of Effectivity No. S-021/PM/1994 from
       Bapepam (sekarang Otoritas Jasa Keuangan-                the Chairman of Bapepam for its rights issue
       OJK) dengan surat No. S-021/PM/1994 untuk                II of 81,209,000 shares. These shares were
       melakukan penawaran umum terbatas II                     listed in the Indonesia Stock Exchange on
       dengan hak memesan efek terlebih dahulu                  June 20, 1994.
       sebesar 81.209.000 saham. Saham-saham
       tersebut dicatat pada Bursa Efek Indonesia
       pada tanggal 20 Juni 1994.

       Pada tanggal 23 Juli 2007, Perusahaan                    On July 23, 2007, the Company obtained
       memperoleh persetujuan dari Direktur Bursa               the approval from the Director of the
       Efek Indonesia untuk pencatatan tambahan                 Indonesia Stock Exchange for the listing of
       2.183.973.483 saham dengan nilai nominal                 the additional 2,183,973,483 shares with
       Rp 500 per saham sehubungan dengan                       nominal value of Rp 500 per share in relation
       konversi utang tertentu Perusahaan menjadi               to the conversion of Company’s certain debts
       saham.                                                   into shares of stock.

       Pada tanggal 29 Maret 2010, Perusahaan telah             On March 29, 2010, the Company has
       mendapat pernyataan efektif dari Bapepam - LK            obtained Bapepam - LK’s Notice of Effectivity
       (sekarang        OJK)       dengan        surat          No. S-2807/BL/2010 for its Limited Public
       No. S-2807/BL/2010 atas Penawaran Umum                   Offering III of Rights Issue (HMETD) totaling
       Terbatas III Kepada Para Pemegang Saham                  to 2,073,170,722 common shares and
       Dalam Rangka Penerbitan Efek Dengan Hak                  Warrant Series 1 totaling to 1,036,585,361
       Memesan Efek Terlebih Dahulu (HMETD)                     warrants which are issued as part of the
       sejumlah 2.073.170.722 saham biasa dan                   Rights Issue. These shares and warrants
       sejumlah 1.036.585.361 Waran Seri 1, yang                were listed in the Indonesia Stock Exchange
       diterbitkan menyertai saham baru tersebut.               on April 22, 2010. Out of these 1,036,585,361
       Saham dan waran tersebut dicatat pada Bursa              warrants, only 575 had been exercised and
       Efek Indonesia pada tanggal 22 April 2010. Dari          converted into shares. The remaining
       1.036.585.361 waran tersebut, hanya 575 yang             1,036,584,786 warrants had already expired
       telah dieksekusi dan dikonversi menjadi saham.           on April 12, 2012.
       Sisanya 1.036.584.786 waran telah kadaluarsa
       pada 12 April 2012.




                                                         -8-
Page 310
PT INTILAND DEVELOPMENT Tbk                                                  PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2024 dan 2023                                                         December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                          (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                            Otherwise Stated)


       Berdasarkan     Keputusan    Rapat  Umum                     Based on the Resolution of Extraordinary
       Pemegang Saham Luar Biasa Perusahaan                         General Meeting of the Stockholders of the
       pada tanggal 29 Juni 2010, Perusahaan                        Company which was held on June 29, 2010,
       melakukan pemecahan nilai nominal saham                      the Company conducted stock split wherein
       Perusahaan dari Rp 500 per lembar saham                      the par value of its shares was changed
       menjadi Rp 250 per lembar saham sehingga                     from Rp 500 per share to Rp 250 per
       modal dasar saham Perusahaan yang semula                     share, thus, the authorized number of shares
       sejumlah 12.000.000.000 lembar saham                         of 12,000,000,000 became 24,000,000,000
       menjadi 24.000.000.000 lembar saham dan                      shares and the subscribed and paid-up
       jumlah saham ditempatkan dan disetor dari                    capital of 5,182,926,805 shares became
       5.182.926.805    lembar   saham    menjadi                   10,365,853,610 shares.
       10.365.853.610 lembar saham.

       Pada tanggal 31 Desember 2024 dan 2023,                      As of December 31, 2024 and 2023, all of the
       seluruh saham Perusahaan atau sejumlah                       Company’s outstanding shares totaling to
       10.365.854.185 saham telah tercatat pada                     10,365,854,185 shares are listed in the
       Bursa Efek Indonesia.                                        Indonesia Stock Exchange.

       Penawaran Umum Sukuk Ijarah                                  Sukuk Ijarah Offering

       Pada tanggal 24 Agustus 2021, Perusahaan                     On August 24, 2021, the Company has
       telah mendapat pernyataan efektif dari OJK                   obtained OJK’s Notice of Effectivity
       dengan surat No. S-140/D.04/2021 atas                        No. S-140/D.04/2021 for the Public Offering
       Penawaran Umum Berkelanjutan Sukuk Ijarah                    of Continuous Sukuk Ijarah I Intiland
       Berkelanjutan I Intiland Development sebesar                 Development amounting to Rp 750 billion. On
       Rp 750 miliar. Pada tanggal yang sama,                       the same date, the Company issued
       Perusahaan     menerbitkan     Sukuk   Ijarah                Continuous     Sukuk    Ijarah  I     Intiland
       Berkelanjutan I Intiland Development Tahap I                 Development Phase I Year 2021 amounting
       Tahun 2021 sebesar Rp 250 miliar. Perusahaan                 to Rp 250 billion. On September 2, 2021, all
       mencatatkan seluruh sukuknya pada Bursa Efek                 of these sukuk were listed in the Indonesia
       Indonesia pada tanggal 2 September 2021.                     Stock Exchange. On September 8, 2022, the
       Pada tanggal 8 September 2022, Perusahaan                    Company had redeemed Sukuk Ijarah Phase
       telah melunasi Sukuk Ijarah Tahap I Tahun                    I Year 2021 amounting to Rp 250 billion.
       2021 sebesar Rp 250 miliar.

       Pada tanggal 25 Agustus 2022, Perusahaan                     On August 25, 2022, the Company has
       menerbitkan Sukuk Ijarah Berkelanjutan I                     issued Continuous Sukuk Ijarah I Intiland
       Intiland Development Tahap II Tahun 2022                     Development Phase II Year 2022 amounting
       sebesar Rp 250 miliar.                                       to Rp 250 billion.

       Pada tanggal 2 Desember 2022, Perusahaan                     On December 2, 2022, the Company has
       menerbitkan Sukuk Ijarah Berkelanjutan I                     issued Continuous Sukuk Ijarah I Intiland
       Intiland Development Tahap III Tahun 2022                    Development Phase III Year 2022 consisting
       terdiri dari Seri A sebesar Rp 125 miliar dan Seri           of Series A amounting to Rp 125 billion and
       B sebesar Rp 125 miliar. Pada tanggal                        Series B amounting to Rp 125 billion. On
       2 Desember 2024, Perusahaan telah melunasi                   December 2, 2024, the Company had
       Sukuk       Ijarah    Berkelanjutan   I    Intiland          redeemed Continuous Sukuk Ijarah I Intiland
       Development Tahap III Tahun 2022 Seri A                      Development Phase III Year 2022 Series A
       sebesar Rp 125 miliar.                                       amounting to Rp 125 billion.

       Pada tanggal 31 Desember 2024 dan 2023,                      As of December 31, 2024 and 2023, all of the
       seluruh sukuk ijarah Perusahaan masing-                      Company’s sukuk ijarah with total nominal
       masing sebesar Rp 375 miliar dan Rp 500 miliar               value of Rp 375 billion and Rp 500 billion,
       telah tercatat di Bursa Efek Indonesia.                      respectively, are listed in the Indonesia Stock
                                                                    Exchange.




                                                             -9-
Page 311
PT INTILAND DEVELOPMENT Tbk                                                                                           PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                    For the Years Ended
31 Desember 2024 dan 2023                                                                                                  December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                   (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                     Otherwise Stated)


   c.   Entitas anak yang Dikonsolidasikan                                                             c.     Consolidated Subsidiaries

        Pada tanggal 31 Desember 2024 dan 2023,                                                               As of December 31, 2024 and 2023, the
        entitas anak yang dikonsolidasikan termasuk                                                           subsidiaries which were consolidated,
        persentase kepemilikan Perusahaan adalah                                                              including the respective percentages of
        sebagai berikut:                                                                                      ownership held by the Company, are as
                                                                                                              follows:

                                                                                                                                                          Jumlah Aset 31 Desember
                                                                                                         Tahun Operasi        Persentase Pemilikan           (Sebelum Eliminasi)/
                                                                                                            Komersial/           dan Hak Suara/        Total Assets as of December 31,
                       Entitas Anak/                  Domisili/              Jenis Usaha/              Start of Commercial   Percentage of Ownership          (Before Elimination)
                        Subsidiary                    Domicile            Nature of Business               Operations          2024          2023          2024                 2023
                                                                                                                                %              %         '000'000             '000'000
        PT Taman Harapan Indah (THI)                   Jakarta    Real estat/Real estate                      1978            100,00        100,00        4.675.879          4.656.065
           - PT Mutiara Raga Indah                     Jakarta    Pusat kebugaran/Fitness center              1990            100,00        100,00            3.909              4.659
           - PT Sinar Puspa Persada (SPP)             Tangerang   Real estat/Real estate                      1997            100,00        100,00          592.374            581.112
           - PT Wirasejati Binapersada (WB)            Jakarta    Real estat/Real estate                        -             100,00        100,00          324.733            324.724
           - PT Putra Sinar Permaja (PSP)              Jakarta    Real estat/Real estate                      2014            51,00         51,00         1.951.829          2.153.291
           - PT Abadi Citra Lestari (ACL)              Jakarta    Real estat/Real estate                      2015            100,00        100,00            6.061              6.234
           - PT Intisarana Ekaraya (ISER)              Jakarta    Sub Holding                                   -             100,00        100,00          378.697            402.766
               - PT Gandaria Permai                    Jakarta    Real estat/Real estate                      2011            100,00        100,00           38.388             40.585
               - PT Gandaria Prima (GP)                Jakarta    Real estat/Real estate                      2013            100,00        100,00          307.502            337.841
               - PT Gandaria Mulia                     Jakarta    Real estat/Real estate                        -             100,00        100,00            4.746              4.745
               - PT Gandaria Sakti                     Jakarta    Real estat/Real estate                        -             100,00        100,00            4.002              4.002
           - PT Dinamika Kencana Mandiri (DKM)         Jakarta    Real estat/Real estate                      2008              -           100,00                -              6.045
           - PT Perkasalestari Utama (PLU)             Jakarta    Real estat/Real estate                      2008            100,00        100,00        1.112.799          1.112.427
               - PT Perkasalestari Permai (PLP)        Jakarta    Real estat/Real estate                      2013            100,00        100,00          825.037            879.886
           - PT Selasih Safar (SS)                     Jakarta    Real estat/Real estate                      1974            52,50         52,50            78.779             84.147
           - PT Vida Irvetta Peninsula                 Jakarta    Real estat/Real estate                      2023            100,00        100,00          222.725            214.710
        PT Intiland Grande (IG)                       Surabaya    Real estat/Real estate                      1974            100,00        100,00        4.232.268          4.283.771
           - PT Intiland Sejahtera (IS)               Surabaya    Kawasan Industri/Industrial Estate          1988            100,00        100,00          940.260            886.851
               - PT Kawasan Industri Intiland (KII)   Surabaya    Kawasan Industri/Industrial Estate          1993            100,00        100,00           58.806             59.506
               - PT Kawasan Ploso (KP)                Surabaya    Real estat/Real estate                        -             100,00        100,00          138.511            102.904
               - PT Kawasan Jombang (KJ)              Surabaya    Real estat/Real estate                        -             100,00        100,00           86.542             71.902
               - PT Jateng Industri Intiland (JII)    Surabaya    Kawasan Industri/Industrial Estate          2021            100,00        100,00          198.887            206.582
                  - PT Perkebunan dan Industri
                     Segajung (Segajung)               Batang     Kawasan Industri/Industrial Estate          2021            100,00        100,00          333.197            549.806
                                                                  Makanan dan masakan olahan/
           - PT Graha Inti Boga (GIB)                 Surabaya    Food and refined cuisine                    2017            100,00        100,00            1.906              2.612
           - PT Prima Sentosa Ganda (PSG)             Surabaya    Real estat/Real estate                      2014            100,00        100,00          713.203            726.022
           - PT Grande Family View (GFV)              Surabaya    Real estat/Real estate                      1993            75,00         75,00           253.113            289.399
           - PT Grande Imperial (GIM)                 Surabaya    Real estat/Real estate                      2013            100,00        100,00           82.283             84.082
           - PT Kinerja Lancar Serasi (KLS)           Surabaya    Real estat/Real estate                        -             100,00        100,00          269.951            269.882
           - PT Sinar Cemerlang Gemilang (SCG)        Surabaya    Real estat/Real estate                      2015            100,00        100,00          233.079            243.146
           - PT Purisentosa Unggul (PSU)              Surabaya    Real estat/Real estate                        -             100,00        100,00            5.102              5.120
           - Badan Kerjasama Intiland Starlight
               (BKIS)                                 Surabaya    Persewaan kantor/Office space               2010            75,00         75,00            32.466             39.983
           - PT Usaha Guna Kelola                     Surabaya    Hotel/Hospitality                             -             100,00        100,00           22.442             22.449
           - PT Buana Bejana                          Surabaya    Real estat/Real estate                        -             100,00        100,00              159                177
        PT Intiland Esperto (IE)                       Jakarta    Real estat/Real estate                      2008            100,00        100,00          102.117             67.038
           - PT Inti Gria Perdana (IG Perdana)         Jakarta    Real estat/Real estate                      2011            100,00        100,00          162.385            252.707
           - PT Inti Gria Perkasa                      Jakarta    Real estat/Real estate                      2011            100,00        100,00            1.558              4.510
           - PT Inti Gria Perwira                      Jakarta    Real estat/Real estate                      2012            100,00        100,00           48.152             49.889
           - PT Inti Gria Pramudya (IG Pramudya)       Jakarta    Real estat/Real estate                        -             100,00        100,00           59.835             67.535
           - PT Inti Gria Palamarta                    Jakarta    Real estat/Real estate                      2022            100,00        100,00           18.386            116.232
        PT Melati Anugerah Semesta (MAS)              Surabaya    Real estat/Real estate                        -             49,31         55,00           132.054            131.728
        PT Melati Wahana Nusantara (MWN)               Jakarta    Real estat/Real estate                        -             100,00        100,00           36.697             36.677
        PT Melati Impian Bangsa (MIB)                  Jakarta    Real estat/Real estate                        -             100,00        100,00           13.442             13.442
                                                                  Infrastruktur Telekomunikasi/
        PT Intiland Alfa Rendita (IAR)                 Jakarta    Telecommunications infrastructure           2015            100,00        100,00           13.712             20.107
                                                                  Infrastruktur Telekomunikasi
           - PT Inti Algoritma Perdana (IAP)           Jakarta    Telecommunications infrastructure           2015            100,00        100,00           19.567             20.256
        PT Raharja Mitra Familia (RMF)                 Jakarta    Real estat/Real estate                      2017            36,63         36,63           459.831            640.846
        PT Inti Gria Persada (IG Persada)              Jakarta    Real estat/Real estate                        -             55,00         55,00            99.978            100.042




                                                                                     - 10 -
Page 312
PT INTILAND DEVELOPMENT Tbk                                                             PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2024 dan 2023                                                                    December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                     (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                       Otherwise Stated)


       Informasi keuangan entitas anak yang dimiliki                           Financial information of subsidiaries that have
       oleh kepentingan nonpengendali dalam jumlah                             material non-controlling interests as of and for
       material pada tanggal dan untuk tahun-tahun                             the years ended December 31, 2024 and
       yang berakhir 31 Desember 2024 dan 2023                                 2023 follows:
       adalah sebagai berikut:

                                                               2024
                                               Kepentingan Nonpengendali yang material/
                                                     Material Non-controlling Interest
                                                                                                                Ekuitas pada
                                                                                                             Penghasilan (Rugi)
                                                     Bagian Kepentingan                                         Komprehensif/
                     Nama Anak Perusahaan/              Kepemilikan/               Saldo Akumulasi/        Share in Comprehensive
                      Name of Subsidiary             Equity Interest Held       Accumulated Balances            Income (Loss)
                                                               %


        PSP                                                 49,00                        836.633.309.050             68.504.917.972
        RMF                                                 63,37                        188.795.475.690              7.770.944.035
        MAS                                                 50,69                         64.350.558.670             (1.665.683.453)
        SS                                                  47,50                         36.451.038.912              5.021.935.592
        IG Persada                                          45,00                         34.417.683.749                (31.388.749)
        GFV                                                 25,00                          8.598.538.072              9.554.719.901
        BKIS                                                25,00                          3.061.716.439                299.454.670



                                                               2023
                                             Kepentingan Nonpengendali yang m aterial/
                                                  Material Non-controlling Interest
                                                                                                                  Ekuitas pada
                                                                                                              Penghasilan (Rugi)
                                                    Bagian Kepentingan                                          Komprehensif/
                 Nama Anak Perusahaan/                 Kepemilikan/               Saldo Akumulasi/         Share in Comprehensive
                   Name of Subsidiary               Equity Interest Held       Accumulated Balances             Income (Loss)
                                                              %

        PSP                                                 49,00                    831.844.391.078               95.368.125.582
        RMF                                                 63,37                    257.069.477.237              479.043.688.132
        MAS                                                 45,00                     50.438.746.524               (1.362.194.369)
        SS                                                  47,50                     37.936.603.320                1.768.469.290
        IG Persada                                          45,00                     34.449.072.498                  (62.597.514)
        GFV                                                 25,00                     12.793.818.171                8.921.598.743
        BKIS                                                25,00                      7.232.175.299                     (866.696)



       Berikut adalah ringkasan informasi keuangan                             The summarized financial information of
       dari entitas anak. Jumlah-jumlah tersebut                               these subsidiaries is provided below. This
       sebelum dieliminasi dengan transaksi antar                              information is based on amounts before inter-
       entitas dalam Grup.                                                     company eliminations.




                                                            - 11 -
Page 313
PT INTILAND DEVELOPMENT Tbk                                                                                                 PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                          For the Years Ended
31 Desember 2024 dan 2023                                                                                                        December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                         (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                           Otherwise Stated)


       Ringkasan laporan posisi keuangan                                        pada                               Summarized statements of financial position
       tanggal 31 Desember 2024 dan 2023:                                                                          as of December 31, 2024 and 2023 follows:

                                                                                                                      2024


                                                   PSP                    RMF                  MAS                     SS              IG Persada               GFV               BKIS


       Aset lancar/Current assets               582.266.752.186        413.804.325.682        4.951.632.836         42.785.318.801       9.808.718.198       159.374.856.761     5.702.419.511
       Aset tidak lancar/Noncurrent
          assets                               1.369.562.667.287        46.026.886.661      127.102.088.904         35.994.089.694      90.169.122.205        93.738.578.656    26.763.625.423

       Jumlah aset/Total assets                1.951.829.419.473       459.831.212.343      132.053.721.740         78.779.408.495      99.977.840.403       253.113.435.417    32.466.044.934


       Liabilitas jangka pendek/
          Current liabilities                   180.443.965.824        155.551.879.347       14.467.352.944         15.528.902.004         15.495.000        115.991.123.037    15.624.863.327
       Liabilitas jangka panjang/
          Noncurrent liabilities                 63.970.077.561          4.061.341.816                    -           890.935.571       23.478.603.740       102.728.160.095     4.594.315.887

       Jumlah Liabilitas/Total Liabilities      244.414.043.385        159.613.221.163       14.467.352.944         16.419.837.575      23.494.098.740       218.719.283.132    20.219.179.214

       Jumlah Ekuitas/
          Total Equity                         1.707.415.376.088       300.217.991.180      117.586.368.796         62.359.570.920      76.483.741.663        34.394.152.285    12.246.865.720


       Teratribusikan pada/Attributable to :
          Pemilik entitas induk/
             Owners of parent company           870.782.067.038        111.422.515.490       53.235.810.126         25.908.532.008      42.066.057.914        25.795.614.213     9.185.149.281
          Kepentingan nonpengendali/
             Non-controlling interest           836.633.309.050        188.795.475.690       64.350.558.670         36.451.038.912      34.417.683.749         8.598.538.072     3.061.716.439




                                                                                                                      2023

                                                   PSP                    RMF                  MAS                     SS              IG Persada               GFV               BKIS


       Aset lancar/Current assets               741.057.752.532        564.722.636.333        4.767.805.664         48.258.537.992       9.907.505.720       193.323.827.612    14.838.188.259
       Aset tidak lancar/Noncurrent
          assets                               1.412.233.180.733        76.123.167.237      126.959.866.712         35.888.228.196      90.134.604.256        96.075.037.632    25.144.781.359

       Jumlah aset/Total assets                2.153.290.933.265       640.845.803.570      131.727.672.376         84.146.766.188     100.042.109.976       289.398.865.244    39.982.969.618


       Liabilitas jangka pendek/
          Current liabilities                   398.493.366.711        229.680.713.220       14.544.776.651         15.844.759.159      23.484.722.740       137.622.112.977      941.884.123
       Liabilitas jangka panjang/
          Noncurrent liabilities                 57.155.203.641          3.209.756.864        5.096.792.338          2.814.932.093           3.892.797       100.601.479.588    10.112.384.334

       Jumlah Liabilitas/Total Liabilities      455.648.570.352        232.890.470.084       19.641.568.989         18.659.691.252      23.488.615.537       238.223.592.565    11.054.268.457

       Jumlah Ekuitas/
          Total Equity                         1.697.642.362.913       407.955.333.486      112.086.103.387         65.487.074.936      76.553.494.439        51.175.272.679    28.928.701.161


       Teratribusikan pada/Attributable to :
          Pemilik entitas induk/
             Owners of parent company           865.797.971.835        150.885.856.249       61.647.356.863         27.550.471.616      42.104.421.941        38.381.454.508    21.696.525.862
          Kepentingan nonpengendali/
             Non-controlling interest           831.844.391.078        257.069.477.237       50.438.746.524         37.936.603.320      34.449.072.498        12.793.818.171     7.232.175.299




       Ringkasan laporan laba rugi dan penghasilan                                                                 Summarized statements of profit or loss and
       komprehensif lain pada tahun 2024 dan 2023:                                                                 other comprehensive income for 2024 and
                                                                                                                   2023 follows:

                                                                                                                      2024


                                                     PSP                    RMF                   MAS                       SS           IG Persada               GFV               BKIS

       Pendapatan/Revenue                        480.334.265.551          58.987.988.375                      -       46.088.032.122                     -    165.554.578.912      7.307.202.806

       Laba (rugi) setelah pajak/
          Profit (loss) after tax                139.809.778.931          12.197.869.898       (3.285.734.591)        10.465.130.717        (69.752.776)       36.931.014.018      1.369.213.441
       Penghasilan (rugi) komprehensif lain/
          Other comprehensive income (loss)              (3.765.683)          64.787.794                      -          107.365.267                     -      1.287.865.587       (171.394.764)
       Jumlah penghasilan (rugi)
          komprehensif/
          Total comprehensive income (loss)      139.806.013.248          12.262.657.692       (3.285.734.591)        10.572.495.984        (69.752.776)       38.218.879.605      1.197.818.677


       Teratribusikan pada kepentingan
          non pengendali/
          Attributable to non-controlling
          interest                                68.504.917.972           7.770.944.035       (1.665.683.453)         5.021.935.592        (31.388.749)        9.554.719.901       299.454.670




                                                                                         - 12 -
Page 314
PT INTILAND DEVELOPMENT Tbk                                                                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                             For the Years Ended
31 Desember 2024 dan 2023                                                                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                              Otherwise Stated)


                                                                                                                          2023

                                                         PSP                  RMF                      MAS                     SS              IG Persada               GFV               BKIS

       Pendapatan/Revenue                           609.304.254.193       1.563.811.617.501                      -       35.522.394.160                         -   173.483.633.666      5.360.489.751

       Laba (rugi) setelah pajak/
          Profit (loss) after tax                   194.613.672.158        755.819.884.877         (3.027.098.597)        3.707.228.391          (139.105.587)       37.028.106.933        (11.822.091)
       Penghasilan (rugi) komprehensif lain/
          Other comprehensive income (loss)              15.236.615             117.713.043                      -             15.864.853                       -    (1.341.711.960)        8.355.304
       Jumlah penghasilan (rugi)
          komprehensif/
          Total comprehensive income (loss)         194.628.908.773        755.937.597.920         (3.027.098.597)        3.723.093.244          (139.105.587)       35.686.394.973         (3.466.787)


       Teratribusikan pada kepentingan
          non pengendali/
          Attributable to non-controlling
          interest                                   95.368.125.582        479.043.688.132         (1.362.194.369)        1.768.469.290           (62.597.514)        8.921.598.743          (866.696)



       Ringkasan informasi arus kas pada tahun 2024                                                                    Summarized cash flow information for 2024
       dan 2023:                                                                                                       and 2023 follows:

                                                                                                                          2024


                                                   PSP                    RMF                     MAS                     SS                IG Persada                 GFV                BKIS


       Operasi/Operating                       153.413.118.606         (15.629.314.482)        (3.514.352.384)        5.128.870.470         (53.960.477.580)        25.202.570.894      9.575.985.255
       Investasi/Investing                      (12.144.455.385)        (1.256.011.514)             1.484.812          5.546.054.725            16.974.356              (88.868.493)     8.482.972.004
       Pendanaan/Financing                     (130.033.000.000)      (120.000.000.000)         3.689.207.662        (17.126.590.590)       53.840.000.000          (54.999.375.000)   (17.879.654.119)
       Kenaikan (penurunan) bersih
          kas dan setara kas/
          Net increase (decrease) in
          cash and cash equivalents             11.235.663.221        (136.885.325.996)          176.340.090          (6.451.665.395)         (103.503.224)         (29.885.672.599)      179.303.140




                                                                                                                          2023


                                                   PSP                    RMF                     MAS                     SS                IG Persada                 GFV                BKIS


       Operasi/Operating                        39.434.895.910        (59.513.989.594)         (5.134.445.277)         3.845.259.424          (262.327.992)         61.646.495.881       2.271.614.141
       Investasi/Investing                      (9.992.844.867)       484.096.320.054                 749.108         (2.133.197.967)           19.078.557            (364.751.283)     (5.707.912.224)
       Pendanaan/Financing                     (100.000.000.000)      (678.000.000.000)         5.089.061.114         (1.313.337.809)                       -       (32.988.875.722)                  -
       Kenaikan (penurunan) bersih
          kas dan setara kas/
          Net increase (decrease) in
          cash and cash equivalents             (70.557.948.957)      (253.417.669.540)           (44.635.055)          398.723.648           (243.249.435)         28.292.868.876      (3.436.298.083)




       Pelepasan Entitas Anak                                                                                          Disposal of Subsidiaries

       PT Dinamika Kencana Mandiri                                                                                     PT Dinamika Kencana Mandiri

       Berdasarkan Akta No. 07 tanggal 29 April 2024                                                                   Based on the Deed No. 07 dated April 29,
       dari Melanie Sidharta, S.H., M.Kn., notaris di                                                                  2024 of Melanie Sidharta, S.H., M.Kn., notary
       Jakarta, THI, entitas anak, menjual 72.499                                                                      in Jakarta, THI, a subsidiary, sold 72,499
       lembar    saham      atau     99,99%   saham                                                                    shares of stock or 99.99% ownership interest
       kepemilikannya di PT Dinamika Kencana                                                                           in PT Dinamika Kencana Mandiri, a
       Mandiri, entitas anak, kepada PT Inti Perkasa                                                                   subsidiary, to PT Inti Perkasa Mandiri, third
       Mandiri,    pihak     ketiga,    pada   harga                                                                   party, at a price of Rp 7,249,900,000.
       Rp 7.249.900.000.

       Berdasarkan Akta No. 07 tanggal 29 April 2024                                                                   Based on the Deed No. 07 dated April 29,
       dari Melanie Sidharta, S.H., M.Kn., notaris di                                                                  2024 of Melanie Sidharta, S.H., M.Kn., notary
       Jakarta, IE, entitas anak, menjual 1 lembar                                                                     in Jakarta, IE, a subsidiary, sold 1 share of
       saham atau 0,01% saham kepemilikannya di                                                                        stock or 0.01% ownership interest in
       PT Dinamika Kencana Mandiri, entitas anak,                                                                      PT Dinamika Kencana Mandiri, a subsidiary,
       kepada Gatot Wicaksono, pihak ketiga, pada                                                                      to Gatot Wicaksono, third party, at a price of
       harga Rp 100.000.                                                                                               Rp 100,000.




                                                                                              - 13 -
Page 315
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


        PT Maja Persada                                                   PT Maja Persada

        Berdasarkan Akta Jual Beli Saham No. 03                           Based on the Deed of Sale and Purchase of
        tanggal 21 Maret 2023 dari Natalia Liemasal                       Shares No. 03 dated March 21, 2023 of
        Tan, S.H., M.Kn., notaris di Gresik, IG, entitas                  Natalia Liemasal Tan, S.H., M.Kn., notary in
        anak, menjual 26 lembar saham atau 96,29%                         Gresik, IG, a subsidiary, sold 26 shares of
        saham kepemilikannya di PT Maja Persada,                          stock or 96.29% ownership interest in
        entitas anak, kepada Gatot Wicaksono, pihak                       PT Maja Persada, a subsidiary, to Gatot
        ketiga, pada harga Rp 260.000.000.                                Wicaksono, third party, at a price of
                                                                          Rp 260,000,000.

        Berdasarkan Akta Jual Beli Saham No. 04                           Based on the Deed of Sale and Purchase of
        tanggal 21 Maret 2023 dari Natalia Liemasal                       Shares No. 04 dated March 21, 2023 of
        Tan, S.H., M.Kn., notaris di Gresik, IS, entitas                  Natalia Liemasal Tan, S.H., M.Kn., notary in
        anak, menjual 1 lembar saham atau 3,71%                           Gresik, IS, a subsidiary, sold 1 share of stock
        saham kepemilikannya di PT Maja Persada,                          or 3.71% ownership interest in PT Maja
        entitas anak, kepada Jo Hannes, pihak ketiga,                     Persada, a subsidiary, to Jo Hannes, third
        pada harga Rp 10.000.000.                                         party, at a price of Rp 10,000,000.

        Perubahan Kepemilikan pada Entitas Anak                           Change     in    Ownership       Interest    in
                                                                          Subsidiaries

        PT Melati Anugerah Semesta (MAS)                                  PT Melati Anugerah Semesta (MAS)

        Berdasarkan Akta Jual Beli Saham No. 436                          Based on the Deed of Sale and Purchase of
        tanggal 28 November 2024, dari Jimmy Tanal,                       Shares No. 436 dated November 28, 2024 of
        S.H., M.Kn., notaris di Jakarta, para pemegang                    Jimmy Tanal, S.H., M.Kn., a notary in
        saham MAS, entitas anak, menyetujui                               Jakarta, the shareholders of MAS, a
        penjualan 3.600 saham milik Perusahaan                            subsidiary, approved the sale of 3,600 shares
        kepada PT Sucor Investama, pihak ketiga,                          owned by the Company to PT Sucor
        dengan harga Rp 100.800.000.000. Transaksi                        Investama, a third party, at a purchase price
        ini   menurunkan      persentase     kepemilikan                  of Rp 100,800,000,000. This transaction
        Perusahaan dalam MAS dari 55,00% menjadi                          decreased the ownership interest of the
        49,31%.    Penurunan      kepemilikan      saham                  Company in MAS from 55.00% to 49.31%.
        tersebut   tidak    mengakibatkan      hilangnya                  Such decrease in ownership interest did not
        pengendalian. Atas transaksi ini, Perusahaan                      result to loss of control. For this transaction,
        mencatat keuntungan penjualan sebesar                             the Company recognized gain from sale of
        Rp 89.176.204.401 yang dicatat sebagai                            interest in a subsidiary amounting to Rp
        “Selisih  Transaksi      dengan     Kepentingan                   89,176,204,401 which was recorded as a
        Nonpengendali” di ekuitas.                                        “Difference     in   Value      Arising    from
                                                                          Transactions with Noncontrolling Interests” in
                                                                          equity.

   d.   Dewan Komisaris, Direksi dan Karyawan                       d.    Board of Commissioners, Directors and
                                                                          Employees

        Susunan manajemen Perusahaan pada tanggal                         The members of the management as of
        31 Desember 2024 berdasarkan Akta No. 50                          December 31, 2024 based on Deed No. 50
        tanggal 30 Mei 2024 dari Humberg Lie, SH.,                        dated May 30, 2024 from Humberg Lie, SH.,
        SE., MKn., notaris publik di Jakarta, adalah                      SE., MKn., a public notary in Jakarta, follows:
        sebagai berikut:




                                                           - 14 -
Page 316
PT INTILAND DEVELOPMENT Tbk                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
31 Desember 2024 dan 2023                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                        Otherwise Stated)


        Dewan Komisaris                                                     Board of Commissioners
        Komisaris Utama              Sinarto Dharmawan                      President Commissioner
        Wakil Komisaris Utama        Sofyan A. Djalil *)                    Vice President Commissioner
        Komisaris                    Jahja Asikin                           Commissioner
                                     Ping Handayani Hanli
        Komisaris Independen         Thio Gwan Po Micky                     Independent Commissioners
                                     Friso Palilingan

        Direksi                                                             Directors
        Direktur Utama               Hendro Santoso Gondokusumo             President Director
                                     (Almarhum/Deceased, 2025)
        Wakil Direktur Utama         Utama Gondokusumo                      Vice President Directors
                                     Suhendro Prabowo
        Direktur                     Perry Yoranouw                         Directors
                                     Novita Anggriani B
                                     Archied Noto Pradono
                                     Permadi Indra Yoga

       *) Komisaris Independen/Independent Commissioner


       Susunan manajemen Perusahaan pada tanggal                The members of the management as of
       31 Desember 2023 berdasarkan Akta No. 49                 December 31, 2023 based on Deed No. 49
       tanggal 24 Mei 2023 dari Humberg Lie, SH.,               dated May 24, 2023 from Humberg Lie, SH.,
       SE., MKn., notaris publik di Jakarta, adalah             SE., MKn., a public notary in Jakarta, follows:
       sebagai berikut:

        Dewan Komisaris                                                     Board of Commissioners
        Komisaris Utama              Sinarto Dharmawan                      President Commissioner
        Wakil Komisaris Utama        Sofyan A. Djalil *)                    Vice President Commissioner
        Komisaris                    Jahja Asikin                           Commissioner
        Komisaris Independen         Thio Gwan Po Micky                     Independent Commissioners
                                     Friso Palilingan

        Direksi                                                             Directors
        Direktur Utama               Hendro Santoso Gondokusumo             President Director
                                     (Almarhum/Deceased, 2025)
        Wakil Direktur Utama         Utama Gondokusumo                      Vice President Directors
                                     Suhendro Prabowo
                                     Moedjianto Soesilo Tjahjono

        Direktur                     Perry Yoranouw                         Directors
                                     Ping Handayani Hanli
                                     Archied Noto Pradono
                                     Permadi Indra Yoga

       *) Komisaris Independen/Independent Commissioner




                                                      - 15 -
Page 317
PT INTILAND DEVELOPMENT Tbk                                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
31 Desember 2024 dan 2023                                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                        Otherwise Stated)


          Sekretaris Perusahaan untuk tahun 2024 dan                            The Company’s corporate secretary          is
          2023 dijabat oleh Theresia Rustandi.                                  Theresia Rustandi for 2024 and 2023.

          Pada tanggal 31 Desember 2024 dan 2023,                               As of December 31, 2024 and 2023, the
          susunan Komite Audit Perusahaan berdasarkan                           composition of the Audit Committee of the
          Surat Keputusan Dewan Komisaris adalah                                Company based on the Decision of the
          sebagai berikut:                                                      Decree of the Board of Commissioners
                                                                                follows:

          Komite Audit:                                                                     Audit Committee:
          Ketua Komite Audit              Friso Palilingan                                  Head of Audit Committee
          Anggota Komite Audit            Fransiscus Alip                                   Members of Audit Committee
                                          Atik Susanto

          Personel manajemen kunci Grup terdiri dari                            The key management personnel of the Group
          Komisaris dan Direksi.                                                consists of Commissioners and Directors.

          Jumlah rata-rata karyawan Perusahaan (tidak                           The Company had an average total number
          diaudit) adalah 77 karyawan tahun 2024 dan                            of employees (unaudited) of 77 in 2024 and
          154 karyawan tahun 2023. Jumlah rata-rata                             154 in 2023. Total average number of
          karyawan Grup (tidak diaudit) adalah 1.224                            employees of the Group (unaudited) is 1,224
          karyawan tahun 2024 dan 1.288 karyawan                                in 2024 and 1,288 in 2023.
          tahun 2023.

     e.   Penyelesaian        Laporan         Keuangan                    e.    Completion of the Consolidated Financial
          Konsolidasian                                                         Statements

          Laporan keuangan konsolidasian PT Intiland                            The consolidated financial statements of
          Development Tbk dan entitas anak untuk                                PT Intiland Development Tbk and its
          tahun yang berakhir 31 Desember 2024                                  subsidiaries     for    the   year    ended
          telah diselesaikan dan diotorisasi untuk terbit                       December 31, 2024 were completed and
          oleh Direksi Perusahaan pada tanggal                                  authorized for issuance on March 25, 2025 by
          25    Maret     2025.  Direksi     Perusahaan                         the Company’s Directors who are responsible
          bertanggung jawab atas penyusunan dan                                 for the preparation and presentation of the
          penyajian laporan keuangan konsolidasian                              consolidated financial statements.
          tersebut.


2.   Informasi Kebijakan Akuntansi Material                          2.   Material Accounting Policy Information

     a.   Dasar Penyusunan dan Pengukuran Laporan                         a.    Basis    of    Consolidated    Financial
          Keuangan Konsolidasian                                                Statements Preparation and Measurement

          Laporan keuangan konsolidasian disusun dan                            The consolidated financial statements have
          disajikan dengan menggunakan Standar                                  been prepared and presented in accordance
          Akuntansi Keuangan di Indonesia, meliputi                             with    Indonesian    Financial    Accounting
          pernyataan dan interpretasi yang diterbitkan                          Standards “SAK”, which comprise the
          oleh Dewan Standar Akuntansi Keuangan                                 statements and interpretations issued by the
          Ikatan Akuntan Indonesia (IAI) dan Peraturan                          Board of Financial Accounting Standards of
          OJK No. VIII.G.7 tentang “Penyajian dan                               the Institute of Indonesia Chartered
          Pengungkapan Laporan Keuangan Emiten atau                             Accountants (IAI) and OJK Regulation No.
          Perusahaan Publik”.                                                   VIII.G.7    regarding     “Presentation  and
                                                                                Disclosures of Public Companies’ Financial
                                                                                Statements”. Such consolidated financial
                                                                                statements are an English translation of the
                                                                                Group’s statutory report in Indonesia.




                                                            - 16 -
Page 318
PT INTILAND DEVELOPMENT Tbk                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                 Otherwise Stated)


        Dasar     pengukuran    laporan     keuangan                     The measurement basis used is the historical
        konsolidasian ini adalah konsep biaya                            cost, except for certain accounts which are
        perolehan, kecuali beberapa akun tertentu                        measured on the bases described in the
        disusun     berdasarkan   pengukuran       lain                  related accounting policies. The consolidated
        sebagaimana diuraikan dalam kebijakan                            financial statements, except for the
        akuntansi masing-masing akun tersebut.                           consolidated statements of cash flows, are
        Laporan keuangan konsolidasian ini disusun                       prepared under the accrual basis of
        dengan metode akrual, kecuali laporan arus kas                   accounting.
        konsolidasian.

        Laporan arus kas konsolidasian disusun                           The consolidated statements of cash flows
        dengan menggunakan metode langsung                               are prepared using the direct method with
        dengan mengelompokkan arus kas dalam                             classifications of cash flows into operating,
        aktivitas operasi, investasi dan pendanaan.                      investing and financing activities.

        Kebijakan akuntansi yang diterapkan dalam                        The accounting policies adopted in the
        penyusunan laporan keuangan konsolidasian                        preparation of the consolidated financial
        untuk tahun yang berakhir 31 Desember 2024                       statements for the year ended December 31,
        adalah konsisten dengan kebijakan akuntansi                      2024 are consistent with those adopted in the
        yang diterapkan dalam penyusunan laporan                         preparation of the consolidated financial
        keuangan konsolidasian untuk tahun yang                          statements for the year ended December 31,
        berakhir 31 Desember 2023.                                       2023.

        Mata uang yang digunakan dalam penyusunan                        The currency used in the preparation and
        dan penyajian laporan keuangan konsolidasian                     presentation of the consolidated financial
        adalah mata uang Rupiah (Rupiah) yang juga                       statements is the Indonesian Rupiah (Rupiah)
        merupakan mata uang fungsional Perusahaan.                       which is also the functional currency of the
                                                                         Company.

   b.   Prinsip Konsolidasi                                        b.    Basis of Consolidation

        Laporan keuangan konsolidasian meliputi                          The consolidated financial statements
        laporan keuangan Perusahaan dan entitas-                         incorporate the financial statements of the
        entitas yang dikendalikan oleh Perusahaan dan                    Company and entities controlled by the
        entitas anak (Grup). Pengendalian diperoleh                      Company and its subsidiaries (the Group).
        apabila Grup memiliki seluruh hal berikut ini:                   Control is achieved when the Group has all
                                                                         the following:

        •    kekuasaan atas investee;                                    •    power over the investee;
        •    eksposur atau hak atas imbal hasil                          •    is exposed, or has rights, to variable
             variabel dari keterlibatannya dengan                             returns from its involvement with the
             investee; dan                                                    investee; and
        •    kemampuan        untuk      menggunakan                     •    the ability to use its power to affect its
             kekuasaannya     atas    investee  untuk                         returns.
             mempengaruhi jumlah imbal hasil Grup

        Pengkonsolidasian entitas anak dimulai pada                      Consolidation of a subsidiary begins when
        saat Grup memperoleh pengendalian atas                           the Group obtains control over the subsidiary
        entitas anak dan berakhir pada saat Grup                         and ceases when the Group loses control of
        kehilangan pengendalian atas entitas anak.                       the subsidiary. Specifically, income and
        Secara khusus, penghasilan dan beban entitas                     expenses of a subsidiary acquired or
        anak yang diakuisisi atau dilepaskan selama                      disposed of during the year are included in
        tahun berjalan termasuk dalam laporan laba                       the consolidated statement of profit or loss
        rugi dan penghasilan komprehensif lain                           and other comprehensive income from the
        konsolidasian sejak tanggal Grup memperoleh                      date the Group gains control until the date
        pengendalian sampai dengan tanggal Grup                          when the Group ceases to control the
        kehilangan pengendalian atas entitas anak.                       subsidiary.




                                                          - 17 -
Page 319
PT INTILAND DEVELOPMENT Tbk                                                             PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2024 dan 2023                                                                    December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                     (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                       Otherwise Stated)


        Seluruh aset dan liabilitas, ekuitas, penghasilan,                     All intragroup assets and liabilities, equity,
        beban dan arus kas dalam intra kelompok                                income, expenses and cash flows relating to
        usaha terkait dengan transaksi antar entitas                           transactions between members of the Group
        dalam Grup dieliminasi secara penuh dalam                              are eliminated in full on consolidation.
        laporan keuangan konsolidasian.

        Laba rugi dan setiap komponen penghasilan                              Profit or loss and each component of other
        komprehensif lain diatribusikan kepada pemilik                         comprehensive income are attributed to the
        Perusahaan dan kepentingan nonpengendali                               owners of the Company and to the non-
        (KNP) meskipun hal tersebut mengakibatkan                              controlling interest (NCI) even if this results in
        KNP memiliki saldo defisit.                                            the NCI having a deficit balance.

        KNP disajikan dalam laporan laba rugi dan                              NCI are presented in the consolidated
        penghasilan komprehensif lain konsolidasian                            statement of profit or loss and other
        dan dalam ekuitas pada laporan posisi                                  comprehensive income and under the equity
        keuangan konsolidasian, terpisah dari bagian                           section of the consolidated statement of
        yang dapat diatribusikan kepada pemilik                                financial position, respectively, separately
        Perusahaan.                                                            from the corresponding portion attributable to
                                                                               owners of the Company.

        Transaksi       dengan       KNP      yang      tidak                  Transactions with NCI that do not result in
        mengakibatkan hilangnya pengendalian dicatat                           loss of control are accounted for as equity
        sebagai transaksi ekuitas. Selisih antara nilai                        transactions. The difference between the fair
        wajar imbalan yang dialihkan dengan bagian                             value of any consideration paid and the
        relatif atas nilai tercatat aset bersih entitas anak                   relevant share acquired of the carrying value
        yang diakuisisi dicatat di ekuitas. Keuntungan                         of net assets of the subsidiary is recorded in
        atau kerugian dari pelepasan kepada KNP juga                           equity. Gains or losses on disposals to NCI
        dicatat di ekuitas.                                                    are also recorded in equity.

   c.   Kombinasi Bisnis                                                 c.    Business Combinations

        Entitas Tidak Sepengendali                                             Among Entities        Not    Under     Common
                                                                               Control

        Kombinasi bisnis, kecuali kombinasi bisnis                             Business combinations, except business
        entitas   sepengendali,       dicatat    dengan                        combination among entities under common
        menggunakan metode akuisisi. Biaya perolehan                           control, are accounted for using the
        dari sebuah akuisisi diukur pada nilai agregat                         acquisition method. The cost of an acquisition
        imbalan yang dialihkan, diukur pada nilai wajar                        is measured as the aggregate of the
        pada tanggal akuisisi dan jumlah setiap KNP                            consideration transferred, measured at
        pada pihak yang diakuisisi. Untuk setiap                               acquisition date fair value and the amount of
        kombinasi bisnis, pihak pengakuisisi mengukur                          any NCI in the acquiree. For each business
        KNP pada entitas yang diakuisisi pada nilai                            combination, the acquirer measures the NCI
        wajar atau sebesar proporsi kepemilikan KNP                            in the acquiree either at fair value or at the
        atas aset neto yang teridentifikasi dari entitas                       proportionate share of the acquiree’s
        yang diakuisisi. Biaya-biaya akuisisi yang timbul                      identifiable net assets. Acquisition costs
        dibebankan langsung dan disajikan sebagai                              incurred are directly expensed and included
        beban administrasi.                                                    in administrative expenses.




                                                                - 18 -
Page 320
PT INTILAND DEVELOPMENT Tbk                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                Otherwise Stated)


       Ketika melakukan akuisisi atas sebuah bisnis,                    When the Group acquires a business,
       Grup mengklasifikasikan dan menentukan aset                      it assesses the financial assets acquired
       keuangan yang diperoleh dan liabilitas                           and liabilities assumed for appropriate
       keuangan yang diambil alih berdasarkan pada                      classification and designation in accordance
       persyaratan kontraktual, kondisi ekonomi dan                     with the contractual terms, economic
       kondisi terkait lain yang ada pada tanggal                       circumstances and pertinent conditions as at
       akuisisi. Grup dapat memilih untuk menerapkan                    the acquisition date. The Group has an option
       ‘pengujian konsentrasi nilai wajar’ yang                         to apply a ‘fair value concentration test’ that
       mengijinkan penilaian yang disederhanakan                        permits a simplified assessment of whether
       apakah rangkaian aktivitas dan aset yang                         an acquired set of activities and assets is not
       diakuisisi bukan merupakan suatu bisnis.                         a business. The concentration test can be
       Pengujian konsentrasi dapat diterapkan secara                    applied on a transaction-by-transaction basis.
       terpisah untuk setiap transaksi. Pengujian                       The optional concentration test is met if
       konsentrasi opsional terpenuhi jika secara                       substantially all of the fair value of the gross
       substansial seluruh nilai wajar aset bruto yang                  assets acquired is concentrated in a single
       diakuisisi      terkonsentrasi   dalam       aset                identifiable asset or group of similar
       teridentifikasi tunggal atau kelompok aset                       identifiable assets. If the test is met, the set of
       teridentifikasi serupa. Jika pengujian terpenuhi,                activities and assets is determined not to be a
       rangkaian aktivitas dan aset ditentukan bukan                    business and no further assessment is
       merupakan suatu bisnis dan tidak diperlukan                      needed. If the test is not met, or if the Group
       penilaian lanjutan. Jika pengujian tidak                         elects not to apply the test, a detailed
       terpenuhi atau jika Grup memilih untuk tidak                     assessment must be performed applying the
       menerapkan pengujian tersebut, penilaian yang                    normal requirements in PSAK No. 103.
       detail    harus     dilakukan sesuai      dengan
       persyaratan normal dalam PSAK No. 103.

       Dalam suatu kombinasi bisnis yang dilakukan                      If the business combination is achieved in
       secara bertahap, pada tanggal akuisisi pihak                     stages, the acquisition date fair value of the
       pengakuisisi mengukur kembali nilai wajar                        acquirer’s previously held equity interest in
       kepentingan ekuitas yang dimiliki sebelumnya                     the acquiree is remeasured to fair value at
       pada pihak yang diakuisisi dan mengakui                          the acquisition date through profit or loss.
       keuntungan atau kerugian yang dihasilkan
       dalam laba rugi.

       Pada tanggal akuisisi, goodwill awalnya diukur                   At acquisition date, goodwill is initially
       pada harga perolehan yang merupakan selisih                      measured at cost being the excess of the
       lebih nilai agregat dari imbalan yang dialihkan                  aggregate of the consideration transferred
       dan jumlah yang diakui untuk KNP atas aset                       and the amount recognized for NCI over the
       bersih teridentifikasi yang diperoleh dan                        net identifiable assets acquired and liabilities
       liabilitas yang diambil alih. Jika nilai agregat                 assumed. If this consideration is lower than
       tersebut lebih kecil dari nilai wajar aset neto                  the fair value of the net assets of the
       entitas anak yang diakuisisi, selisih tersebut                   subsidiary acquired, the difference is
       diakui dalam laba rugi.                                          recognized in profit or loss.

       Setelah pengakuan awal, goodwill diukur pada                     After initial recognition, goodwill is measured
       jumlah tercatat dikurangi akumulasi kerugian                     at cost less any accumulated impairment
       penurunan nilai. Untuk tujuan uji penurunan                      losses. For the purpose of the impairment
       nilai, goodwill yang diperoleh dari suatu                        testing, goodwill acquired in a business
       kombinasi bisnis, sejak tanggal akuisisi,                        combination is, from the acquisition date,
       dialokasikan kepada setiap Unit Penghasil Kas                    allocated to each of the Company and/or its
       (“UPK”) dari Perusahaan dan/atau entitas anak                    subsidiaries’ cash generating units (“CGU”)
       yang diharapkan akan menerima manfaat dari                       that are expected to benefit from the
       sinergi kombinasi tersebut, terlepas dari apakah                 combination, irrespective of whether other
       aset atau liabilitas lain dari pihak yang diakuisisi             assets or liabilities of the acquired are
       dialokasikan ke UPK tersebut.                                    assigned to those CGUs.




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PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


        Jika goodwill telah dialokasikan pada suatu                       Where goodwill forms part of a CGU and part
        UPK dan operasi tertentu atas UPK tersebut                        of the operation within that CGU is disposed
        dihentikan, maka goodwill yang diasosiasikan                      of, the goodwill associated with the operation
        dengan operasi yang dihentikan tersebut                           disposed of is included in the carrying amount
        termasuk dalam jumlah tercatat operasi                            of the operation when determining the gain or
        tersebut ketika menentukan keuntungan atau                        loss on disposal of the operation. Goodwill
        kerugian dari pelepasan. Goodwill yang                            disposed of in this circumstance is measured
        dilepaskan tersebut diukur berdasarkan nilai                      based on the relative values of the operation
        relatif operasi yang dihentikan dan porsi UPK                     disposed of and the portion of the CGU
        yang ditahan.                                                     retained.

        Entitas Sepengendali                                              Among Entities Under Common Control

        Transaksi     kombinasi    bisnis     entitas                     Business combination transaction of entities
        sepengendali, berupa pengalihan bisnis yang                       under common control in form of business
        dilakukan dalam rangka reorganisasi entitas-                      transfer with regard to reorganization of
        entitas yang berada dalam suatu kelompok                          entities within the same group of companies
        usaha    yang   sama,   bukan     merupakan                       does not result in a change of the economic
        perubahan kepemilikan dalam arti substansi                        substance of the ownership, thus, the
        ekonomi, sehingga transaksi tersebut diakui                       transaction is recognized at carrying value
        pada jumlah tercatat berdasarkan metode                           based on pooling of interest method.
        penyatuan kepemilikan.

        Selisih antara jumlah imbalan yang dialihkan                      Any     difference   between      amount     of
        dan jumlah tercatat dari setiap kombinasi bisnis                  consideration transferred and the carrying
        entitas sepengendali disajikan dalam akun                         value of each business combination of
        tambahan modal disetor pada bagian ekuitas                        entities under common control is recognized
        dalam laporan posisi keuangan konsolidasian.                      as additional paid-in capital as part of equity
                                                                          section in the consolidated statement of
                                                                          financial position.

        Entitas yang melepas bisnis, dalam pelepasan                      An entity which is disposing a business unit in
        bisnis entitas sepengendali, mengakui selisih                     connection with the disposal of a business
        antara imbalan yang diterima dan jumlah                           unit of an entity under common control
        tercatat bisnis yang dilepas dalam akun                           recognizes the difference between the
        tambahan modal disetor pada bagian ekuitas                        consideration received and carrying amount
        dalam laporan posisi keuangan konsolidasian.                      of the disposed business unit as additional
                                                                          paid-in capital as part of equity section in the
                                                                          consolidated statement of financial position.

   d.   Penjabaran Mata Uang Asing                                  d.    Foreign Currency Translation

        Mata Uang Fungsional dan Pelaporan                                Functional and Reporting Currencies

        Akun-akun yang tercakup dalam laporan                             Items included in the financial statements of
        keuangan setiap entitas dalam Grup diukur                         each of the Group’s companies are measured
        menggunakan mata uang dari lingkungan                             using the currency of the primary economic
        ekonomi utama dimana entitas beroperasi                           environment in which the entity operates (the
        (mata uang fungsional).                                           functional currency).

        Laporan keuangan konsolidasian disajikan                          The consolidated financial statements are
        dalam Rupiah, yang merupakan mata uang                            presented in Rupiah which is the Company’s
        fungsional Perusahaan dan mata uang                               functional and the Group’s presentation
        penyajian Grup.                                                   currency.




                                                           - 20 -
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PT INTILAND DEVELOPMENT Tbk                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                   Otherwise Stated)


        Transaksi dan Saldo                                                Transactions and Balances

        Transaksi dalam mata uang asing dijabarkan                         Foreign currency transactions are translated
        kedalam mata uang fungsional menggunakan                           into the functional currency using the
        kurs pada tanggal transaksi. Keuntungan atau                       exchange rates prevailing at the dates of the
        kerugian selisih kurs yang timbul dari                             transactions. Foreign exchange gains and
        penyelesaian transaksi dan dari penjabaran                         losses resulting from the settlement of such
        pada kurs akhir tahun atas aset dan liabilitas                     transactions and from the translation at year
        moneter dalam mata uang asing diakui dalam                         end exchange rates of monetary assets and
        laba rugi.                                                         liabilities denominated in foreign currencies
                                                                           are recognized in profit or loss.

        Pada tanggal 31 Desember 2024 dan 2023,                            As of December 31, 2024 and 2023, the
        kurs konversi yakni kurs tengah Bank                               conversion rates used by the Group were the
        Indonesia, yang digunakan oleh Grup adalah                         middle rates of Bank Indonesia as follows:
        sebagai berikut:

                                                                                            2024               2023

        Dolar Amerika Serikat/United States (U.S.) Dollar                                     16.162              15.416
        Dolar Singapura/Singapore Dollar (SGD)                                                11.919              11.712

   e.   Transaksi Pihak Berelasi                                     e.    Transactions with Related Parties

        Orang atau entitas dikategorikan sebagai                           A person or entity is considered a related
        pihak berelasi Grup apabila memenuhi definisi                      party of the Group if it meets the definition of
        pihak berelasi berdasarkan PSAK No. 224                            a related party in PSAK No. 224 “Related
        “Pengungkapan Pihak-pihak Berelasi”.                               Party Disclosures.

        Semua transaksi signifikan dengan pihak                            All significant transactions with related parties
        berelasi telah diungkapkan dalam laporan                           are disclosed in the consolidated financial
        keuangan konsolidasian.                                            statements.


   f.   Klasifikasi Lancar dan Tidak Lancar                          f.    Current and Non-current Classification

        Grup menyajikan aset dan liabilitas dalam                          The Group presents assets and liabilities in
        laporan    posisi    keuangan     konsolidasian                    the consolidated statement of financial
        berdasarkan klasifikasi lancar/tidak lancar.                       position based on current/non-current
        Suatu aset disajikan lancar bila:                                  classification. An asset is current when it is:

        i) akan direalisasi, dijual atau dikonsumsi                        i)   expected to be realized or intended to be
           dalam siklus operasi normal,                                         sold or consumed in the normal operating
                                                                                cycle,

        ii) untuk diperdagangkan, atau                                     ii) held primarily for the purpose of trading,
                                                                               or

        iii) akan direalisasi dalam 12 bulan setelah                       iii) expected to be realized within 12 months
             tanggal pelaporan, atau kas atau setara kas,                       after the reporting period, or cash or cash
             kecuali yang dibatasi penggunaannya atau                           equivalents unless restricted from being
             akan digunakan untuk melunasi suatu                                exchanged or used to settle a liability for
             liabilitas dalam paling lambat 12 bulan                            at least 12 months after the reporting
             setelah tanggal pelaporan.                                         period.




                                                            - 21 -
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PT INTILAND DEVELOPMENT Tbk                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                   Otherwise Stated)


        Seluruh aset lain diklasifikasikan sebagai tidak                   All other assets are classified as non-current.
        lancar.

        Suatu liabilitas disajikan jangka pendek bila:                     A liability is current when it is:

        i) akan dilunasi dalam siklus operasi normal,                      i)    expected to be settled in the normal
                                                                                 operating cycle,

        ii) untuk diperdagangkan,                                          ii) held primarily to the purpose of trading,

        iii) akan dilunasi dalam 12 bulan setelah                          iii) due to be settled within 12 months after
             tanggal pelaporan, atau                                            the reporting period, or

        iv) tidak ada hak pada akhir periode pelaporan                     iv) there is no right at the end of the
            untuk menangguhkan pelunasannya dalam                              reporting period to defer the settlement of
            paling tidak 12 bulan setelah tanggal                              the liability for at least 12 months after the
            pelaporan.                                                         reporting period.

        Seluruh liabilitas lain diklasifikasikan sebagai                   All other liabilities       are      classified   as
        jangka panjang.                                                    noncurrent.

   g.   Kas dan Setara Kas                                           g.    Cash and Cash Equivalents

        Kas terdiri dari kas dan bank. Setara kas adalah                   Cash consists of cash on hand and in banks.
        semua investasi yang bersifat jangka pendek                        Cash equivalents are short-term, highly liquid
        dan sangat likuid yang dapat segera                                investments that are readily convertible to
        dikonversikan menjadi kas dengan jatuh tempo                       known amounts of cash with original
        dalam waktu tiga (3) bulan atau kurang sejak                       maturities of three (3) months or less from the
        tanggal penempatannya, dan yang tidak                              date of placements, and which are not used
        dijaminkan serta tidak dibatasi pencairannya.                      as collateral and are not restricted.

   h.   Bank dan Deposito Berjangka                                 h.     Cash in Banks and Time Deposits

        Bank     yang    dijaminkan    atau    dibatasi                    Cash in banks which are used as collateral or
        pencairannya serta deposito berjangka yang                         are restricted and time deposits with
        jatuh temponya kurang dari tiga (3) bulan pada                     maturities of three (3) months or less from the
        saat penempatan namun dijaminkan, atau                             date of placement which are used as
        dibatasi pencairannya disajikan sebagai “Aset                      collateral or are restricted are presented as
        keuangan lainnya”.                                                 “Other financial assets”.

   i.   Instrumen Keuangan                                          i.     Financial Instruments

        Grup menerapkan PSAK No. 109, Instrumen                            The Group has applied PSAK No. 109,
        Keuangan, mengenai pengaturan instrumen                            Financial Instruments, which set the
        keuangan terkait klasifikasi dan pengukuran                        requirements      in  classification and
        dan penurunan nilai atas instrumen keuangan.                       measurement and impairment in value of
                                                                           financial assets.

        Aset Keuangan                                                      Financial Assets

        Grup mengklasifikasikan aset keuangan sesuai                       The Group classifies its financial assets in
        dengan PSAK No. 109, Instrumen Keuangan,                           accordance with PSAK No. 109, Financial
        sehingga setelah pengakuan awal aset                               Instruments, that classifies financial assets as
        keuangan diukur pada biaya perolehan                               subsequently measured at amortized cost,
        diamortisasi, nilai wajar melalui penghasilan                      fair value through comprehensive income or
        komprehensif lain atau nilai wajar melalui laba                    fair value through profit or loss, on the basis
        rugi, dengan menggunakan dua dasar, yaitu:                         of both:

        (a)   Model bisnis Grup dalam mengelola aset                       (a)    The Group’s business model                 for
              keuangan; dan                                                       managing the financial assets; and


                                                           - 22 -
Page 324
PT INTILAND DEVELOPMENT Tbk                                                     PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2024 dan 2023                                                            December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                             (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                               Otherwise Stated)


       (b)    Karakteristik arus kas kontraktual dari aset             (b)    The      contractual        cash      flow
              keuangan.                                                       characteristics of the financial assets.

       Pada tanggal 31 Desember 2024 dan 2023,                         As of December 31, 2024 and 2023, the
       aset keuangan Grup terdiri dari aset keuangan                   Group’s financial assets consist of financial
       pada biaya perolehan diamortisasi dan aset                      assets at amortized cost and financial assets
       keuangan yang diukur pada nilai wajar melalui                   at fair value through other comprehensive
       penghasilan komprehensif lain.                                  income.

       1. Aset keuangan         pada    biaya   perolehan              1. Financial assets at amortized cost
          diamortisasi

             Aset keuangan diukur pada biaya perolehan                       A financial asset shall be measured at
             diamortisasi jika kedua kondisi berikut                         amortized cost if both of the following
             terpenuhi:                                                      conditions are met:

             (a)   Aset keuangan dikelola dalam model                        (a)   The financial asset is held within a
                   bisnis yang bertujuan untuk memiliki                            business model whose objective is
                   aset    keuangan     dalam    rangka                            to hold financial assets in order to
                   mendapatkan arus kas kontraktual; dan                           collect contractual cash flows; and

             (b)   Persyaratan kontraktual dari aset                         (b)   The contractual terms of the
                   keuangan menghasilkan arus kas pada                             financial assets give rise on
                   tanggal tertentu yang semata dari                               specified dates to cash flows that
                   pembayaran pokok dan bunga dari                                 are solely payments of principal and
                   jumlah pokok terutang.                                          interest on the principal amount
                                                                                   outstanding.

             Aset keuangan pada biaya perolehan                              Financial assets at amortized cost is
             diamortisasi diukur pada jumlah yang diakui                     measured at initial amount minus the
             saat pengakuan awal dikurangi pembayaran                        principal repayments, plus or minus the
             pokok, ditambah atau dikurangi dengan                           cumulative     amortization using      the
             amortisasi kumulatif menggunakan metode                         effective interest method of any
             suku bunga efektif yang dihitung dari selisih                   difference between that initial amount and
             antara nilai awal dan nilai jatuh temponya,                     the maturity amount, adjusted for
             dan dikurangi dengan cadangan kerugian                          allowance for impairment.
             penurunan nilai.

             Pada tanggal 31 Desember 2024 dan 2023,                         As of December 31, 2024 and 2023, the
             kategori ini meliputi kas dan setara kas,                       Group’s cash and cash equivalents, trade
             piutang usaha, piutang lain-lain, piutang                       accounts receivable, other accounts
             pihak berelasi non-usaha, aset keuangan                         receivable, due from related parties, other
             lainnya, dan jaminan dalam akun aset lain-                      financial assets, and deposits included in
             lain yang dimiliki oleh Grup.                                   other assets account are included in this
                                                                             category.

       2. Aset keuangan yang diukur pada nilai wajar                   2. Financial assets at fair value through
          melalui penghasilan komprehensif lain                           other comprehensive income

             Aset keuangan diukur pada nilai wajar                           A financial asset shall be measured at fair
             melalui penghasilan komprehensif lain jika                      value through other comprehensive
             kedua kondisi berikut terpenuhi:                                income if both of the following conditions
                                                                             are met:

             (a)   Aset keuangan dikelola dalam model                        (a)   The financial asset is held within a
                   bisnis yang tujuannya akan terpenuhi                            business model whose objective is
                   dengan mendapatkan arus          kas                            achieved     by     both   collecting
                   kontraktual    dan   menjual    aset                            contractual cash flows and selling
                   keuangan; dan                                                   financial assets; and



                                                             - 23 -
Page 325
PT INTILAND DEVELOPMENT Tbk                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                 Otherwise Stated)


          (b)   Persyaratan kontraktual dari aset                            (b)    The contractual terms of the
                keuangan menghasilkan arus kas pada                                 financial assets give rise on
                tanggal tertentu yang semata dari                                   specified dates to cash flows that
                pembayaran pokok dan bunga dari                                     are solely payments of principal and
                jumlah pokok terutang.                                              interest on the principal amount
                                                                                    outstanding.

          Aset keuangan berupa instrumen ekuitas                             Equity securities financial assets which
          yang diukur pada nilai wajar melalui                               are initially measured at fair value
          penghasilan komprehensif lain selanjutnya                          through other comprehensive income are
          diukur pada nilai wajar, dengan keuntungan                         subsequently measured at fair value, with
          atau kerugian yang belum direalisasi diakui                        unrealized gains or losses recognized in
          dalam penghasilan komprehensif lain. Saat                          other comprehensive income. At the time
          aset     keuangan        tersebut     dihentikan                   the financial assets are derecognized or
          pengakuannya           atau       direklasifikasi,                 reclassified, the cumulative gain or loss is
          akumulasi keuntungan atau kerugian                                 reclassified to retained earnings.
          direklasifikasi ke saldo laba.

          Pada tanggal 31 Desember 2024 dan 2023,                            As of December 31, 2024 and 2023, the
          kategori ini meliputi investasi jangka panjang                     Group’s long-term investments in shares
          Grup dalam saham seperti yang disajikan                            as disclosed in Note 6 are classified
          dalam Catatan 6.                                                   under this category.

       Liabilitas Keuangan dan Instrumen Ekuitas                         Financial   Liabilities            and       Equity
                                                                         Instruments

       Liabilitas keuangan dan instrumen ekuitas                         Financial liabilities and equity instruments of
       Grup diklasifikasikan berdasarkan substansi                       the Group are classified according to the
       perjanjian kontraktual serta definisi liabilitas                  substance of the contractual arrangements
       keuangan dan instrumen ekuitas. Kebijakan                         entered into and the definitions of a financial
       akuntansi yang diterapkan atas instrumen                          liability and equity instrument. The accounting
       keuangan tersebut diungkapkan berikut ini.                        policies adopted for specific financial
                                                                         instruments are set out below.

       Instrumen Ekuitas                                                 Equity Instruments

       Instrumen ekuitas adalah setiap kontrak yang                      An equity instrument is any contract that
       memberikan hak residual atas aset suatu                           evidences a residual interest in the assets of
       entitas setelah dikurangi dengan seluruh                          an entity after deducting all of its liabilities.
       liabilitasnya.       Instrumen ekuitas dicatat                    Equity instruments are recorded at the
       sejumlah       hasil   yang   diterima, setelah                   proceeds received, net of direct issue costs.
       dikurangkan dengan biaya penerbitan langsung.

       Liabilitas Keuangan                                               Financial Liabilities

       Liabilitas keuangan dalam lingkup PSAK                            Financial liabilities within the scope of PSAK
       No. 109 diklasifikasikan sebagai berikut:                         No. 109 are classified as follows: (i) financial
       (i) liabilitas keuangan yang diukur dengan biaya                  liabilities at amortized cost, and (ii) financial
       diamortisasi, dan (ii) liabilitas keuangan yang                   liabilities at fair value through profit and loss
       diukur dengan nilai wajar melalui laba rugi.                      (FVPL).       The     Group     determines       the
       Grup menentukan klasifikasi liabilitas keuangan                   classification of its financial liabilities at initial
       pada saat pengakuan awal.                                         recognition.

       Seluruh liabilitas keuangan diakui pada awalnya                   All financial liabilities are recognized initially
       sebesar nilai wajar dan, dalam hal pinjaman                       at fair value and, in the case of loans and
       dan utang, termasuk biaya transaksi yang dapat                    borrowings, inclusive of directly attributable
       diatribusikan secara langsung dan selanjutnya                     transaction      costs       and    subsequently
       diukur pada biaya perolehan diamortisasi                          measured at          amortized    cost using the
       dengan menggunakan metode suku bunga                              effective interest rate           method. The
       efektif. Amortisasi suku bunga efektif disajikan                  amortization of the effective interest rate is
       sebagai bagian dari beban keuangan dalam                          included in finance costs in profit or loss.
       laba rugi.


                                                               - 24 -
Page 326
PT INTILAND DEVELOPMENT Tbk                                                 PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
31 Desember 2024 dan 2023                                                        December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                         (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                           Otherwise Stated)


       Pada tanggal 31 Desember 2024 dan 2023,                     As of December 31, 2024 and 2023, the
       Grup hanya memiliki liabilitas keuangan yang                Group has only financial liabilities measured
       diukur pada biaya perolehan diamortisasi.                   at amortized cost.

       Liabilitas keuangan yang diukur pada biaya                  Financial liabilities at amortized cost
       perolehan diamortisasi

       Liabilitas keuangan pada biaya perolehan                    Financial liabilities at amortized cost are
       diamortisasi diukur pada jumlah yang diakui                 measured at initial amount minus the
       saat pengakuan awal dikurangi pembayaran                    principal repayments, plus or minus the
       pokok, ditambah atau dikurangi dengan                       cumulative amortization using the effective
       amortisasi kumulatif menggunakan metode                     interest method of any difference between
       suku bunga efektif yang dihitung dari selisih               that initial amount and the maturity amount.
       antara nilai awal dan nilai jatuh temponya.                 The amortization of the effective interest rate
       Amortisasi suku bunga efektif disajikan sebagai             is included in finance costs in profit or loss.
       bagian dari beban keuangan dalam laba rugi.

       Pada tanggal 31 Desember 2024 dan 2023,                     As of December 31, 2024 and 2023, the
       kategori ini meliputi utang bank jangka pendek,             Group’s short-term bank loans, trade
       utang usaha, utang lain-lain, beban akrual,                 accounts payable, other accounts payable,
       utang bank jangka panjang, utang pembiayaan                 accrued expenses, long-term bank loans,
       konsumen, dan utang sukuk ijarah yang dimiliki              consumer finance payables, and sukuk ijarah
       oleh Grup.                                                  payable are included in this category.

       Saling Hapus Instrumen Keuangan                             Offsetting of Financial Instruments

       Aset keuangan dan liabilitas keuangan saling                Financial assets and liabilities are offset and
       hapus dan nilai bersihnya disajikan dalam                   the net amount reported in the consolidated
       laporan posisi keuangan konsolidasian jika, dan             statement of financial position if, and only if,
       hanya jika, Grup saat ini memiliki hak yang                 there is a currently enforceable right to offset
       berkekuatan hukum untuk melakukan saling                    the recognized amounts and there is intention
       hapus atas jumlah yang telah diakui tersebut;               to settle on a net basis, or to realize the asset
       dan berniat untuk menyelesaikan secara                      and settle the liability simultaneously.
       neto atau untuk merealisasikan aset dan
       menyelesaikan liabilitasnya secara simultan.


       Reklasifikasi Instrumen Keuangan                            Reclassification of Financial Instruments

       Sesuai dengan ketentuan PSAK No. 109,                       In accordance with PSAK No. 109, Financial
       Instrumen Keuangan, Grup mereklasifikasi                    Instruments, the Group reclassifies its
       seluruh aset keuangan dalam kategori yang                   financial assets when, and only when, the
       terpengaruh, jika dan hanya jika, Grup                      Group changes its business model for
       mengubah model bisnis untuk pengelolaan aset                managing financial assets. While, any
       keuangan tersebut. Sedangkan, liabilitas                    financial liabilities shall not be reclassified.
       keuangan tidak direklasifikasi.

       Penurunan Nilai Aset Keuangan                               Impairment of Financial Assets

       Grup selalu mengakui kerugian kredit                        The Group always recognizes lifetime
       ekspektasian (ECL) sepanjang umur untuk                     expected credit losses (ECL) for trade
       piutang usaha. Kerugian kredit ekspektasian                 accounts receivable. The expected credit
       atas aset keuangan ini diestimasi menggunakan               losses on these financial assets are estimated
       matriks provisi dengan mengacu pada                         using a provision matrix based on the Group’s
       pengalaman kerugian kredit historis Grup,                   historical credit loss experience, adjusted for
       disesuaikan dengan faktor-faktor yang spesifik              factors that are specific to the debtors,
       dari debitur, kondisi ekonomi umum dan                      general economic conditions and an
       penilaian baik atas kondisi kini maupun                     assessment of both the current as well as the
       perkiraan masa depan pada tanggal pelaporan,                forecast direction of conditions at the
       termasuk nilai waktu atas uang jika tepat.                  reporting date, including time value of money
                                                                   where appropriate.


                                                         - 25 -
Page 327
PT INTILAND DEVELOPMENT Tbk                                                 PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
31 Desember 2024 dan 2023                                                        December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                         (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                           Otherwise Stated)


       Untuk seluruh instrumen keuangan lainnya,                   For all other financial instruments, the Group
       Grup mengakui ECL sepanjang umur ketika                     recognizes lifetime ECL when there has been
       telah ada peningkatan risiko kredit yang                    a significant increase in credit risk since initial
       signifikan sejak pengakuan awal. Jika                       recognition. If, on the other hand, the credit
       sebaliknya, risiko kredit pada instrumen                    risk on the financial instrument has not
       keuangan tidak meningkat secara signifikan                  increased significantly since initial recognition,
       sejak pengakuan awal, Grup mengukur                         the Group measures the loss allowance for
       penyisihan kerugian untuk instrumen keuangan                that financial instrument at an amount equal
       tersebut sejumlah ECL 12 bulan. Penilaian                   to 12-month ECL. The assessment of whether
       apakah ECL sepanjang umur harus diakui                      lifetime ECL should be recognized is based
       didasarkan pada peningkatan signifikan dalam                on significant increases in the likelihood or
       kemungkinan terjadinya atau pada risiko gagal               risk of a default occurring since initial
       bayar sejak pengakuan awal dan bukan                        recognition instead of on evidence of a
       didasarkan bukti aset keuangan yang                         financial asset being credit impaired at the
       mengalami kerugian kredit pada tanggal                      reporting date or an actual default occurring.
       pelaporan    atau    kejadian   gagal    bayar              Lifetime ECL represents the expected credit
       sebenarnya. ECL sepanjang umur merupakan                    losses that will result from all possible default
       kerugian kredit ekspektasian yang timbul dari               events over the expected life of a financial
       seluruh kemungkinan peristiwa gagal bayar                   instrument. In contrast, 12-month ECL
       selama perkiraan umur instrumen keuangan.                   represents the portion of lifetime ECL that is
       Sebaliknya, ECL 12 bulan mewakili porsi ECL                 expected to result from default events on a
       sepanjang umur yang timbul dari peristiwa                   financial instrument that are possible within
       gagal bayar pada instrumen keuangan yang                    12 months after the reporting date.
       mungkin terjadi dalam 12 bulan setelah tanggal
       pelaporan.

       Penghentian Pengakuan Aset dan Liabilitas                   Derecognition of Financial Assets and
       Keuangan                                                    Liabilities

       (1)   Aset Keuangan                                         (1)   Financial Assets

             Aset keuangan (atau bagian dari aset                        Financial asset (or, where applicable,
             keuangan atau kelompok aset keuangan                        a part of a financial asset or part of
             serupa) dihentikan pengakuannya jika:                       a group of similar financial assets) is
                                                                         derecognized when:

             a.   Hak kontraktual atas arus kas yang                     a.    the rights to receive cash flows
                  berasal dari aset keuangan tersebut                          from the asset have expired;
                  berakhir;

             b.   Grup tetap memiliki hak untuk                          b.    the Group retains the right to
                  menerima arus kas dari aset                                  receive cash flows from the asset,
                  keuangan tersebut, namun juga                                but has assumed a contractual
                  menanggung liabilitas kontraktual                            obligation to pay them in full
                  untuk membayar kepada pihak                                  without material delay to a third
                  ketiga atas arus kas yang diterima                           party under a “pass-through”
                  tersebut secara penuh tanpa adanya                           arrangement; or
                  penundaan        yang     signifikan
                  berdasarkan suatu kesepakatan; atau

             c.   Grup telah mentransfer haknya                          c.    the Group has transferred its
                  untuk menerima arus kas dari aset                            rights to receive cash flows from
                  keuangan dan (i) telah mentransfer                           the asset and either         (i) has
                  secara substansial seluruh risiko                            transferred substantially all the
                  dan manfaat atas aset keuangan,                              risks and rewards of the asset, or
                  atau (ii) secara substansial tidak                           (ii) has neither transferred nor
                  mentransfer atau tidak memiliki                              retained substantially all the risks
                  seluruh risiko dan manfaat atas aset                         and rewards of the asset, but has
                  keuangan, namun telah mentransfer                            transferred control of the asset.
                  pengendalian atas aset keuangan
                  tersebut.


                                                         - 26 -
Page 328
PT INTILAND DEVELOPMENT Tbk                                                           PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2024 dan 2023                                                                  December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                   (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                     Otherwise Stated)


        (2)     Liabilitas Keuangan                                           (2)   Financial Liabilities

                Liabilitas        keuangan       dihentikan                         A financial liability is derecognized
                pengakuannya jika liabilitas keuangan                               when the obligation under the contract
                tersebut berakhir, dibatalkan, atau telah                           is discharged, cancelled or has expired.
                kadaluarsa. Jika ketentuan liabilitas                               If the terms of an existing financial
                keuangan yang ada (utang dan pinjaman)                              liability (loans and borrowings) are
                dimodifikasi secara substansial, maka                               substantially modified this will be
                liabilitas   tersebut    akan      dianggap                         considered to meet the criteria for
                memenuhi kriteria penghapusan liabilitas                            derecognition of the original liability,
                keuangan orisinal, dan liabilitas keuangan                          and a new financial liability is
                baru akan diakui. Selisih antara jumlah                             recognised. The difference between the
                tercatat liabilitas keuangan yang berakhir                          carrying value derecognised and
                dan imbalan yang dibayarkan diakui                                  consideration paid is recognised in
                dalam laba rugi.                                                    profit or loss.

   j.   Pengukuran Nilai Wajar                                         j.    Fair Value Measurement

        Pengukuran nilai wajar didasarkan pada asumsi                        The fair value measurement is based on the
        bahwa transaksi untuk menjual aset atau                              presumption that the transaction to sell the
        mengalihkan liabilitas akan terjadi:                                 asset or transfer the liability takes place
                                                                             either:

        •     di pasar utama untuk aset atau liabilitas                      •   in the principal market for the asset or
              tersebut atau;                                                     liability or;

        •     jika tidak terdapat pasar utama, di pasar                      •   in the absence of a principal market, in
              yang paling menguntungkan untuk aset atau                          the most advantageous market for the
              liabilitas tersebut.                                               asset or liability.

        Grup harus memiliki akses ke pasar utama atau                        The Group must have access to the principal
        pasar yang paling menguntungkan pada                                 or the most advantageous market at the
        tanggal pengukuran.                                                  measurement date.

        Nilai wajar aset atau liabilitas diukur                              The fair value of an asset or a liability is
        menggunakan asumsi yang akan digunakan                               measured using the assumptions that market
        pelaku pasar ketika menentukan harga aset                            participants would use when pricing the asset
        atau liabilitas tersebut, dengan asumsi bahwa                        or liability, assuming that market participants
        pelaku pasar bertindak dalam kepentingan                             act in their economic best interest.
        ekonomi terbaiknya.

        Pengukuran nilai wajar aset non-keuangan                             A fair value measurement of a non-financial
        memperhitungkan kemampuan pelaku pasar                               asset takes into account a market
        untuk    menghasilkan     manfaat    ekonomik                        participant’s ability to generate economic
        dengan menggunakan aset dalam penggunaan                             benefits by using the asset in its highest and
        tertinggi dan terbaiknya, atau dengan                                best use or by selling it to another market
        menjualnya kepada pelaku pasar lain yang                             participant that would use the asset in its
        akan menggunakan aset tersebut dalam                                 highest and best use.
        penggunaan tertinggi dan terbaiknya.

        Ketika Grup menggunakan teknik penilaian,                            When the Group uses valuation techniques, it
        maka Grup memaksimalkan penggunaan input                             maximizes the use of relevant observable
        yang dapat diobservasi yang relevan dan                              inputs and minimizing the use of
        meminimalkan penggunaan input yang tidak                             unobservable inputs.
        dapat diobservasi.




                                                              - 27 -
Page 329
PT INTILAND DEVELOPMENT Tbk                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                   Otherwise Stated)


        Seluruh aset dan liabilitas yang mana nilai wajar                  All assets and liabilities for which fair value is
        aset atau liabilitas tersebut diukur atau                          measured or disclosed in the financial
        diungkapkan, dikategorikan dalam hirarki nilai                     statements are categorized within the fair
        wajar sebagai berikut:                                             value hierarchy as follows:

        •   Level 1 - Harga kuotasian (tanpa                               •   Level 1 - Quoted (unadjusted) market
            penyesuaian) di pasar aktif untuk aset atau                        prices in active markets for identical
            liabilitas yang identik;                                           assets or liabilities;
        •   Level 2 - Teknik penilaian dimana level input                  •   Level 2 - Valuation techniques for which
            terendah       yang      signifikan terhadap                       the lowest level input that is significant to
            pengukuran nilai wajar dapat diobservasi,                          the fair value measurement is directly or
            baik secara langsung maupun tidak                                  indirectly observable;
            langsung;
        •   Level 3 - Teknik penilaian dimana level input                  •   Level 3 - Valuation techniques for which
            terendah       yang      signifikan terhadap                       the lowest level input that is significant to
            pengukuran nilai wajar tidak dapat                                 the    fair   value     measurement        is
            diobservasi.                                                       unobservable.


        Untuk aset dan liabilitas yang diukur pada nilai                   For assets and liabilities that are recognized
        wajar secara berulang dalam laporan keuangan                       in the consolidated financial statements on a
        konsolidasian, maka Grup menentukan apakah                         recurring basis, the Group determines
        telah terjadi transfer di antara level hirarki                     whether there are transfers between levels in
        dengan menilai kembali pengkategorian level                        the hierarchy by re-assessing categorization
        nilai wajar pada setiap akhir periode pelaporan.                   at the end of each reporting period.

   k.   Persediaan                                                   k.    Inventories

        1) Persediaan Real Estat                                           1) Real Estate Inventories

            Persediaan terdiri dari tanah dan bangunan                         Inventories consist of land and buildings
            (rumah tinggal dan rumah toko), apartemen                          (houses and shophouses), apartments
            yang siap dijual, bangunan (rumah tinggal                          ready for sale, buildings (houses and
            dan rumah toko) yang sedang dikonstruksi,                          shophouses) under construction, and land
            dan tanah yang sedang dikembangkan,                                under development which are stated at
            dinyatakan sebesar mana yang lebih rendah                          the lower of cost and net realizable value.
            antara biaya perolehan dan nilai realisasi
            bersih.

            Biaya perolehan tanah yang sedang                                  The cost of land under development
            dikembangkan meliputi biaya perolehan                              consists of the cost of land for
            tanah yang belum dikembangkan ditambah                             development, direct and indirect real
            dengan biaya pengembangan langsung dan                             estate development costs and capitalized
            tidak langsung yang dapat diatribusikan                            borrowing costs. The total cost of land
            pada kegiatan pengembangan real estat                              under development is transferred to land
            serta biaya pinjaman. Jumlah biaya tanah                           and building units ready for sale when
            yang     sedang    dikembangkan     akan                           land development is completed, based on
            dipindahkan ke bangunan yang sedang                                the area of saleable lots.
            dikonstruksi pada saat tanah tersebut
            selesai dikembangkan atau dipindahkan ke
            aset tanah bila tanah tersebut siap dijual
            dengan menggunakan metode luas areal.

            Biaya pengembangan tanah, termasuk                                 The cost of land development, including
            tanah yang digunakan sebagai jalan dan                             the cost of land used for roads and
            prasarana atau area yang tidak dijual                              amenities and other non-saleable areas,
            lainnya, dialokasikan secara proporsional                          is allocated proportionally based on
            berdasarkan luas tanah yang dapat dijual.                          saleable area of land.



                                                            - 28 -
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PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


           Biaya perolehan bangunan yang sedang                               The cost of building units under
           dikonstruksi meliputi biaya perolehan tanah                        construction consists of construction costs
           yang sedang dikembangkan ditambah                                  and is transferred to building units ready
           dengan biaya konstruksi dan biaya pinjaman                         for sale when the development of land
           dan dipindahkan ke aset bangunan pada                              and construction of the buildings is
           saat selesai dibangun dan ketika siap dijual                       completed and when it is ready for sale.
           dengan menggunakan metode identifikasi                             Cost is determined using the specific
           khusus.                                                            identification method.

           Akumulasi biaya ke proyek pengembangan                             The allocation of costs to the project
           tidak    dihentikan   walaupun     realisasi                       development continues even if the
           pendapatan pada masa mendatang lebih                               realization of future revenues is less
           rendah dari nilai tercatat proyek. Namun,                          than the carrying value of the project.
           dilakukan cadangan secara periodik atas                            However, periodic provisions are made for
           perbedaan tersebut. Jumlah cadangan                                these differences. The total provision
           tersebut akan mengurangi nilai tercatat                            reduces the carrying value of the project
           proyek dan dibebankan ke laba rugi tahun                           to its net realizable value and is charged
           berjalan.                                                          to expense in the current year when
                                                                              recognized.

           Biaya pemeliharaan dan perbaikan yang                              Expenses incurred for repairs and
           terjadi atas proyek yang sudah selesai dan                         maintenance of the completed projects
           secara substansial siap untuk digunakan                            and those projects which are substantially
           sesuai tujuannya dibebankan pada laba rugi                         ready for use are charged to current
           pada saat terjadinya.                                              operations.

           Estimasi dan alokasi biaya harus dikaji                            Cost estimates and allocation are
           kembali pada setiap akhir periode pelaporan                        reviewed at the end of every reporting
           sampai proyek selesai secara substansial.                          period until the project is substantially
           Apabila telah terjadi perubahan mendasar                           completed. If there are any substantial
           pada estimasi kini, biaya direvisi dan                             changes from the estimates, the Group
           direalokasi.                                                       revises and reallocates costs.

           Beban yang tidak berhubungan dengan                                Costs which are not related to real estate
           proyek real estat dibebankan ke laba rugi                          development are charged to expense
           pada saat terjadinya.                                              when incurred.

        2) Persediaan Lainnya                                            2)   Other Inventories

           Persediaan lainnya dinyatakan sebesar                              Other inventories are stated at the lower
           mana yang lebih rendah antara biaya                                of cost and net realizable value. Cost is
           perolehan dan nilai realisasi bersih.                              determined using the first-in, first-out
           Biaya perolehan ditentukan menggunakan                             method. Net realizable value of these
           metode pertama masuk, pertama keluar                               inventories is the current replacement
           (first-in, first-out). Nilai realisasi bersih                      cost.
           adalah estimasi harga jual dalam kondisi
           normal usaha dikurangi estimasi biaya
           penyelesaian dan estimasi biaya-biaya yang
           diperlukan dalam melakukan penjualan.

   l.   Investasi pada Entitas Asosiasi dan Ventura                 l.    Investments     in   Associates    and   Joint
        Bersama                                                           Ventures

        Hasil usaha dan aset dan liabilitas entitas                       The results and assets and liabilities of
        asosiasi atau ventura bersama dicatat dalam                       associates or joint ventures are incorporated
        laporan keuangan konsolidasian menggunakan                        in these consolidated financial statements
        metode ekuitas.                                                   using the equity method of accounting.




                                                           - 29 -
Page 331
PT INTILAND DEVELOPMENT Tbk                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                Otherwise Stated)


       Dalam metode ekuitas, pengakuan awal                             Under the equity method, an investment in an
       investasi pada entitas asosiasi atau ventura                     associate or a joint venture is initially
       bersama diakui pada laporan posisi keuangan                      recognized in the consolidated statement of
       konsolidasian sebesar biaya perolehan dan                        financial position at cost and adjusted there
       selanjutnya disesuaikan untuk mengakui bagian                    after to recognize the Group’s share of the
       Grup atas laba rugi dan penghasilan                              profit or loss and other comprehensive
       komprehensif lain dari entitas asosiasi atau                     income of the associate or joint venture.
       ventura bersama. Jika bagian Grup atas rugi                      When the Group’s share of losses of an
       entitas asosiasi atau ventura bersama adalah                     associate or a joint venture exceeds the
       sama dengan atau melebihi kepentingannya                         Group’s interest in that associate or joint
       pada entitas asosiasi atau ventura bersama,                      venture, the Group discontinues recognizing
       maka Grup menghentikan pengakuannya atas                         its share of further losses. Additional losses
       rugi lebih lanjut. Kerugian lebih lanjut diakui                  are recognized only to the extent that the
       hanya jika Grup memiliki kewajiban konstruktif                   Group has incurred legal or constructive
       atau hukum atau melakukan pembayaran atas                        obligations or made payments on behalf of
       nama entitas asosiasi atau ventura bersama.                      the associate or joint venture.

       Investasi pada entitas asosiasi atau ventura                     An investment in an associate or a joint
       bersama dicatat menggunakan metode ekuitas                       venture is accounted for using the equity
       sejak tanggal investasi tersebut memenuhi                        method from the date on which the investee
       definisi entitas asosiasi atau ventura bersama.                  becomes an associate or a joint venture. On
       Pada saat perolehan investasi, setiap selisih                    acquisition of the investment in an associate
       lebih antara biaya perolehan investasi dengan                    or a joint venture, any excess of the cost of
       bagian Grup atas nilai wajar neto aset dan                       the investment over the Group’s share of the
       liabilitas teridentifikasi dari investee diakui                  net fair value of the identifiable assets and
       sebagai goodwill, yang termasuk dalam nilai                      liabilities of the investee is recognized as
       tercatat investasi. Setiap selisih lebih bagian                  goodwill, which is included within the carrying
       Grup atas nilai wajar neto aset dan liabilitas                   amount of the investment. Any excess of the
       teridentifikasi   terhadap     biaya  perolehan                  Group’s share of the net fair value of the
       investasi langsung diakui dalam laba rugi pada                   identifiable assets and liabilities over the cost
       periode perolehan investasi.                                     of the investment is recognized immediately
                                                                        in profit or loss in the period in which the
                                                                        investment is acquired.

       Pada     setiap    tanggal    pelaporan, Grup                     The Group determines at each reporting date
       menentukan apakah terdapat penurunan nilai                        whether it is necessary to recognize any
       yang harus diakui atas investasi Grup pada                        impairment loss with respect to the Group’s
       entitas asosiasi atau ventura bersama.                            investment in an associate or a joint venture.

       Ketika entitas dalam Grup melakukan transaksi                     When a Group entity transacts with an
       dengan entitas asosiasi atau ventura bersama                      associate or a joint venture of the Group,
       milik Grup, keuntungan atau kerugian yang                         profits and losses resulting from the
       dihasilkan dari transaksi tersebut diakui dalam                   transactions with the associate or joint
       laporan keuangan konsolidasian Grup hanya                         venture are recognized in the Group’s
       sebatas kepentingan para pihak dalam asosiasi                     consolidated financial statements only to the
       atau ventura bersama yang tidak terkait dengan                    extent of interests in the associate or joint
       Grup.                                                             venture that are not related to the Group.

   m. Bagian Partisipasi dalam Operasi Bersama                       m. Interest in Joint Operations

       Ketika entitas dalam Grup memiliki aktivitas                      When a Group entity undertakes its activities
       dalam operasi bersama, maka Grup sebagai                          under joint operations, the Group as a joint
       operator bersama mengakui hal berikut terkait                     operator recognizes in relation to its interest
       dengan kepentingan dalam operasi bersama:                         in a joint operation:

       •   aset, mencakup bagiannya atas setiap aset                     •   its assets, including its share of any
           yang dimiliki bersama;                                            assets held jointly.
       •   liabilitas, mencakup bagiannya atas liabilitas                •   its liabilities, including its share of any
           yang terjadi bersama;                                             liabilities incurred jointly;

                                                            - 30 -
Page 332
PT INTILAND DEVELOPMENT Tbk                                                          PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2024 dan 2023                                                                 December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                  (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                    Otherwise Stated)


        •   pendapatan dari penjualan bagiannya atas                        •   its revenue from the sale of its share of
            output yang dihasilkan dari operasi                                 the output arising from the joint operation;
            bersama;
        •   bagiannya atas pendapatan dari penjualan                        •   its share of the revenue from the sale of
            output oleh operasi bersama; dan                                    the output by the joint operations; and
        •   beban, mencakup bagiannya atas setiap                           •   its expenses, including its share of any
            beban yang terjadi secara bersama-sama.                             expenses incurred jointly.

        Ketika entitas dalam Grup melakukan transaksi                       When a Group entity transacts with a joint
        dengan operasi bersama dimana Grup                                  operation in which the Group is a joint
        bertindak sebagai salah satu operator                               operator the Group is conducting the
        bersamanya, Grup melakukan transaksi dengan                         transaction with the other parties to the joint
        pihak lain dalam operasi bersama dan, dengan                        operation and, thus, gains or losses resulting
        demikian, Grup mengakui keuntungan atau                             from the transactions are recognized in the
        kerugian yang dihasilkan dari transaksi tersebut                    Group’s consolidated financial statements
        dalam laporan keuangan konsolidasian hanya                          only to the extent of other parties’ interests in
        sebatas kepentingan para pihak lain dalam                           the joint operation and recognizes its share of
        operator bersama dan mengakui bagian                                the gains and losses only when it resells
        keuntungan atau kerugiannya hanya jika Grup                         those assets to a third party.
        menjual kembali aset tersebut kepada pihak
        ketiga.

   n.   Tanah yang Belum Dikembangkan                                 n.    Land for Development

        Tanah yang belum dikembangkan dinyatakan                            Land for development is stated at the lower of
        sebesar mana yang lebih rendah biaya                                cost and net realizable value. Net realizable
        perolehan dan nilai realisasi bersih. Nilai                         value is the estimated selling price less the
        realisasi bersih adalah estimasi harga jual                         estimated costs of completion and the
        dikurangi dengan estimasi biaya penyelesaian                        estimated costs necessary to make the sale.
        lainnya untuk siap dijual.

        Biaya    perolehan   tanah   yang    belum                          The cost of land for development consists of
        dikembangkan meliputi biaya praperolehan                            pre-acquisition and acquisition costs of
        dan perolehan tanah dipindahkan ke tanah                            the land, and other costs related to the
        yang sedang dikembangkan pada saat                                  acquisition of land which are transferred to
        pematangan     tanah   telah dimulai  atau                          land    under    development     when    the
        dipindahkan ke bangunan yang sedang                                 development of land has started.
        dikonstruksi pada saat tanah tersebut siap
        dibangun.

   o.   Biaya Dibayar Dimuka                                          o.    Prepaid Expenses

        Biaya dibayar dimuka diamortisasi selama                            Prepaid expenses are amortized over their
        masa manfaat masing-masing biaya dengan                             beneficial periods using the straight-line
        menggunakan metode garis lurus.                                     method.

   p.   Properti Investasi                                            p.    Investment Properties
        Pemilikan Langsung                                                  Direct Acquisition

        Properti investasi, kecuali tanah, diukur sebesar                   Investment properties, except land, are
        biaya perolehan, termasuk biaya transaksi,                          measured at cost, including transaction costs,
        setelah     dikurangi      dengan       akumulasi                   less accumulated depreciation and any
        penyusutan dan kerugian penurunan nilai, jika                       impairment loss. Land is not depreciated and
        ada. Tanah tidak disusutkan dan dinyatakan                          is stated at cost less any impairment in value,
        berdasarkan     biaya     perolehan      dikurangi                  if any. The carrying amount includes the cost
        akumulasi rugi penurunan nilai, jika ada. Jumlah                    of replacing part of an existing investment
        tercatat termasuk biaya penggantian untuk                           property at the time that cost is incurred if the
        bagian tertentu dari properti investasi yang telah                  recognition criteria are met; and excludes the
        ada pada saat beban terjadi, jika kriteria                          costs of day-to-day servicing of an
        pengakuan terpenuhi, dan tidak termasuk biaya                       investment property.
        perawatan sehari-hari properti investasi.


                                                             - 31 -
Page 333
PT INTILAND DEVELOPMENT Tbk                                                          PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2024 dan 2023                                                                 December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                  (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                    Otherwise Stated)


        Properti    investasi disusutkan  dengan                            Investment properties are depreciated over
        menggunakan metode garis lurus sepanjang                            its estimated useful life of twenty (20) years
        estimasi masa manfaatnya selama dua puluh                           using the straight-line method.
        (20) tahun.

        Properti investasi dihentikan pengakuannya                          Investment properties are derecognized
        (dikeluarkan dari laporan posisi keuangan                           when either they have been disposed of or
        konsolidasian) pada saat pelepasan atau ketika                      when the investment properties are
        properti investasi tersebut tidak digunakan lagi                    permanently withdrawn from use and no
        secara permanen dan tidak memiliki manfaat                          future economic benefit is expected from its
        ekonomis di masa depan yang dapat                                   disposal. Any gains or losses on the
        diharapkan      pada     saat     pelepasannya.                     retirement or disposal of an investment
        Keuntungan atau kerugian yang timbul dari                           property are recognized in profit or loss in the
        penghentian atau pelepasan properti investasi                       year of retirement or disposal.
        diakui dalam laba rugi dalam tahun terjadinya
        penghentian atau pelepasan tersebut.

        Transfer ke properti investasi dilakukan                            Transfers are made to investment properties
        jika, dan hanya jika, terdapat perubahan                            when, and only when, there is a change in
        penggunaan,       yang     ditunjukkan    dengan                    use, evidenced by ending of owner-
        berakhirnya pemakaian oleh pemilik, dimulainya                      occupation, commencement of an operating
        sewa operasi ke pihak lain atau berakhirnya                         lease to another party or ending of
        konstruksi atau pengembangan. Transfer dari                         construction or development. Transfers are
        properti investasi dilakukan jika, dan hanya jika,                  made from investment properties when, and
        terdapat     perubahan      penggunaan,     yang                    only when, there is a change in use,
        ditunjukkan dengan dimulainya penggunaan                            evidenced by commencement of owner-
        oleh pemilik atau dimulainya pengembangan                           occupation     or     commencement       of
        untuk dijual.                                                       development with a view to sale.

        Nilai residu, jika ada, umur manfaat, serta                         The asset’s residual values, useful lives and
        metode penyusutan dan amortisasi ditelaah                           depreciation and amortization methods are
        setiap akhir tahun dan dilakukan penyesuaian                        reviewed and adjusted if appropriate, at each
        apabila hasil telaah berbeda dengan estimasi                        financial year end.
        sebelumnya.

        Properti Investasi Dalam Pembangunan                                Construction in Progress

        Properti   investasi   dalam    pembangunan                         Constructions     in      progress    represent
        merupakan properti investasi dalam tahap                            investment properties under construction
        konstruksi, yang dinyatakan pada biaya                              which are stated at cost, and are not
        perolehan dan tidak disusutkan. Akumulasi                           depreciated. The accumulated costs are
        biaya akan direklasifikasi ke akun properti                         reclassified to the respective investment
        investasi yang bersangkutan dan akan                                properties account and are depreciated when
        disusutkan pada saat konstruksi selesai secara                      the construction is substantially complete and
        substansial dan aset tersebut telah siap                            the asset is ready for its intended use.
        digunakan sesuai tujuannya.

   q.   Aset Tetap                                                    q.    Property and Equipment

        Pemilikan Langsung                                                  Direct Acquisition

        Aset      tetap, kecuali tanah,    dinyatakan                       Property and equipment, except land, are
        berdasarkan biaya perolehan, tetapi tidak                           carried at cost, excluding day-to-day
        termasuk biaya perawatan sehari-hari, dikurangi                     servicing, less accumulated depreciation and
        akumulasi penyusutan dan akumulasi rugi                             any impairment in value. Land is not
        penurunan nilai, jika ada. Tanah tidak                              depreciated and is stated at cost less any
        disusutkan dan dinyatakan berdasarkan biaya                         impairment in value, if any.
        perolehan dikurangi akumulasi rugi penurunan
        nilai, jika ada.


                                                             - 32 -
Page 334
PT INTILAND DEVELOPMENT Tbk                                                  PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2024 dan 2023                                                         December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                          (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                            Otherwise Stated)


       Biaya perolehan awal aset tetap meliputi harga               The initial cost of property and equipment
       perolehan, termasuk bea impor dan pajak                      consists of its purchase price, including
       pembelian yang tidak boleh dikreditkan dan                   import duties and taxes and any directly
       biaya-biaya yang dapat diatribusikan secara                  attributable costs in bringing the property and
       langsung untuk membawa aset ke lokasi dan                    equipment to its working condition and
       kondisi yang diinginkan sesuai dengan tujuan                 location for its intended use.
       penggunaan yang ditetapkan.

       Beban-beban yang timbul setelah aset tetap                   Expenditures incurred after the property and
       digunakan, seperti beban perbaikan dan                       equipment have been put into operations,
       pemeliharaan, dibebankan ke laba rugi pada                   such as repairs and maintenance costs, are
       saat terjadinya. Apabila beban-beban tersebut                normally charged to operations in the year
       menimbulkan peningkatan manfaat ekonomis                     such costs are incurred. In situations where
       di masa datang dari penggunaan aset tetap                    it can be clearly demonstrated that the
       tersebut yang dapat melebihi kinerja normalnya,              expenditures have resulted in an increase in
       maka beban-beban tersebut dikapitalisasi                     the future economic benefits expected to be
       sebagai tambahan biaya perolehan aset tetap.                 obtained from the use of the property and
                                                                    equipment beyond its originally assessed
                                                                    standard of performance, the expenditures
                                                                    are capitalized as additional costs of
                                                                    property and equipment.

       Penyusutan dihitung berdasarkan metode garis                 Depreciation are computed on a straight-line
       lurus (straight-line method) selama masa                     basis over the property and equipment’s
       manfaat aset tetap atau jangka waktu sewa                    useful lives or term of the lease for leasehold
       untuk perbaikan ruangan, mana yang lebih                     improvements, whichever is shorter, as
       pendek, sebagai berikut:                                     follows:

                                                   Tahun/Years

       Bangunan dan prasarana                         5 - 20        Buildings and land improvements
       Perbaikan ruangan                              5 - 10        Leasehold improvements
       Sarana gedung                                    10          Building improvements
       Mesin dan peralatan                            4 - 10        Machinery and equipment
       Prasarana golf                                    5          Golf equipment
       Perlengkapan pusat kebugaran jasmani            4-8          Fitness center equipment
       Kendaraan                                       5-8          Vehicles
       Peralatan kantor                                4-5          Office equipment
       Perabot kantor                                  4-5          Office furniture and fixtures
       Peralatan kantin                                4-5          Canteen equipment

       Nilai tercatat aset tetap ditelaah kembali dan               The carrying values of property and
       dilakukan penurunan nilai apabila terdapat                   equipment are reviewed for impairment when
       peristiwa atau perubahan kondisi tertentu yang               events or changes in circumstances indicate
       mengindikasikan nilai tercatat tersebut tidak                that the carrying values may not be
       dapat dipulihkan sepenuhnya.                                 recoverable.

       Dalam setiap inspeksi yang signifikan, biaya                 When each major inspection is performed, its
       inspeksi diakui dalam jumlah tercatat aset tetap             cost is recognized in the carrying amount of
       sebagai suatu penggantian apabila memenuhi                   the item of property and equipment as a
       kriteria pengakuan. Biaya inspeksi signifikan                replacement if the recognition criteria are
       yang dikapitalisasi tersebut diamortisasi selama             satisfied. Such major inspection is capitalized
       periode sampai dengan saat inspeksi signifikan               and amortized over the next major inspection
       berikutnya.                                                  activity.




                                                          - 33 -
Page 335
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


        Jumlah     tercatat  aset  tetap  dihentikan                      An item of property and equipment is
        pengakuannya pada saat dilepaskan atau                            derecognized upon disposal or when no
        tidak ada manfaat ekonomis masa depan                             future economic benefits are expected from
        yang diharapkan dari penggunaan atau                              its use or disposal. Any gains or losses
        pelepasannya. Keuntungan atau kerugian yang                       arising from de-recognition of property and
        timbul dari penghentian pengakuan aset tetap                      equipment are included in profit or loss in the
        diakui dalam laba rugi pada tahun terjadinya                      year the item is derecognized.
        penghentian pengakuan.

        Nilai residu, umur manfaat, serta metode                          The asset’s residual values, useful lives and
        penyusutan ditelaah setiap akhir tahun dan                        depreciation methods are reviewed and
        dilakukan penyesuaian apabila hasil telaah                        adjusted if appropriate, at each financial year
        berbeda dengan estimasi sebelumnya.                               end.

        Aset Tetap Dalam Pembangunan                                      Construction in Progress

        Aset tetap dalam pembangunan merupakan                            Constructions in progress represent property
        aset tetap dalam tahap konstruksi, yang                           and equipment under construction which are
        dinyatakan pada biaya perolehan dan tidak                         stated at cost, and are not depreciated. The
        disusutkan.         Akumulasi    biaya     akan                   accumulated costs are reclassified to
        direklasifikasi ke akun aset tetap yang                           the respective property and equipment
        bersangkutan dan akan disusutkan pada saat                        account and are depreciated when the
        konstruksi selesai secara substansial dan aset                    construction is substantially complete and the
        tersebut telah siap digunakan sesuai tujuannya.                   asset is ready for its intended use.

   r.   Goodwill                                                    r.    Goodwill

        Goodwill diuji penurunan nilainya setiap tahun                    Goodwill is tested annually for impairment
        dan dicatat sebesar biaya perolehan dikurangi                     and carried at cost less accumulated
        dengan       akumulasi       penurunan    nilai.                  impairment losses. Impairment losses on
        Keuntungan atau kerugian yang diakui pada                         goodwill are not reversed. Gains and losses
        saat     pelepasan     entitas     anak  harus                    on the disposal of an entity include the
        memperhitungkan nilai tercatat goodwill dari                      carrying amount of goodwill relating to the
        entitas anak yang dijual tersebut.                                entity sold.

        Goodwill dialokasikan ke UPK untuk tujuan uji                     Goodwill is allocated to CGU for the purpose
        penurunan nilai. Alokasi dilakukan ke UPK atau                    of impairment testing. The allocation is made
        kelompok UPK yang diharapkan akan                                 to those CGU or groups of CGU that are
        mendapat manfaat dari kombinasi bisnis yang                       expected to benefit from the business
        menimbulkan goodwill tersebut.                                    combination in which the goodwill arose.

   s.   Transaksi Sewa                                              s.    Lease Transactions

        Sewa jangka-pendek                                                Short-term leases

        Grup memutuskan untuk tidak mengakui aset                         The Group has elected not to recognize right-
        hak-guna dan liabilitas sewa untuk sewa                           of-use assets and lease liabilities for short-
        jangka-pendek yang memiliki masa sewa 12                          term leases that have a lease term of 12
        bulan atau kurang. Grup mengakui pembayaran                       months or less. The Group recognizes the
        sewa atas sewa tersebut sebagai beban                             leases payments associated with these
        dengan dasar garis lurus selama masa sewa.                        leases as an expense on a straight-line basis
                                                                          over the lease term.

        Sebagai pesewa                                                    As lessor

        Ketika Grup bertindak sebagai pesewa, Grup                        When the Group acts as a lessor, it shall
        mengklasifikasi masing-masing sewanya baik                        classify each of its leases as either an
        sewa operasi atau sewa pembiayaan.                                operating lease or a finance lease.



                                                           - 34 -
Page 336
PT INTILAND DEVELOPMENT Tbk                                                           PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2024 dan 2023                                                                  December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                   (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                     Otherwise Stated)


        Untuk mengklasifikasi masing-masing sewa,                            To classify each lease, the Group makes an
        Grup membuat penilaian secara keseluruhan                            overall assessment of whether the lease
        atas apakah sewa mengalihkan secara                                  transfers substantially all of the risks and
        substansial seluruh risiko dan manfaat yang                          rewards incidental to ownership of the
        terkait dengan kepemilikan aset pendasar. Jika                       underlying asset. If this is the case, then the
        penilaian membuktikan hal tersebut, maka sewa                        lease is classified as a finance lease; if not,
        diklasifikasikan sebagai sewa pembiayaan; jika                       then it is an operating lease. As part of this
        tidak maka, merupakan sewa operasi. Sebagai                          assessment, the Group considers certain
        bagian       dari    penilaian   ini,    Grup                        indicators such as whether the lease term is
        mempertimbangkan beberapa indikator seperti                          for the major part of the economic life of the
        apakah masa sewa adalah sebagian besar dari                          asset.
        umur ekonomik aset pendasar.

   t.   Distribusi Dividen                                             t.    Dividend Distribution

        Distribusi dividen kepada pemegang saham                             Dividend distribution to the Group’s
        Grup diakui sebagai liabilitas dalam laporan                         shareholders is recognized as a liability in the
        keuangan konsolidasian dalam periode saat                            consolidated financial statements in the
        dividen tersebut disetujui oleh pemegang                             period in which the dividends are approved
        saham Grup.                                                          by the Group’s shareholders.

   u.   Penurunan Nilai Aset Non-Keuangan                              u.    Impairment of Non-Financial Assets

        Pada setiap akhir periode pelaporan tahunan,                         The Group assesses at each annual reporting
        Grup menelaah apakah terdapat indikasi suatu                         period whether there is an indication that an
        aset mengalami penurunan nilai. Jika terdapat                        asset may be impaired. If any such indication
        indikasi tersebut atau pada saat uji tahunan                         exists, or when annual impairment testing for
        penurunan nilai aset perlu dilakukan, maka                           an asset is required, the Group makes an
        Grup membuat estimasi jumlah terpulihkan aset                        estimate of the asset’s recoverable amount.
        tersebut.

        Jika nilai tercatat aset lebih besar daripada nilai                  Where the carrying amount of an asset
        terpulihkannya, maka aset tersebut dinyatakan                        exceeds its recoverable amount, the asset is
        mengalami penurunan nilai dan rugi penurunan                         considered impaired and impairment losses
        nilai diakui dalam laba rugi. Dalam menghitung                       are recognized in profit or loss. In assessing
        nilai pakai, estimasi arus kas masa depan                            the value in use, the estimated net future
        bersih didiskontokan ke nilai kini dengan                            cash flows are discounted to their present
        menggunakan tingkat diskonto sebelum pajak                           value using a pre-tax discount rate that
        yang mencerminkan penilaian pasar kini dari                          reflects current market assessments of the
        nilai waktu uang dan risiko spesifik atas aset.                      time value of money and the risks specific to
                                                                             the asset.

        Penelaahan dilakukan pada akhir setiap periode                       An assessment is made at each annual
        pelaporan tahunan untuk mengetahui apakah                            reporting period as to whether there is any
        terdapat indikasi bahwa rugi penurunan nilai                         indication    that   previously     recognized
        aset yang telah diakui dalam periode                                 impairment losses recognized for an asset
        sebelumnya mungkin tidak ada lagi atau                               may no longer exist or may have decreased.
        mungkin telah menurun. Jika indikasi dimaksud                        If such indication exists, the recoverable
        ditemukan, maka Grup mengestimasi jumlah                             amount is estimated. A previously recognized
        terpulihkan aset tersebut. Kerugian penurunan                        impairment loss for an asset is reversed in
        nilai yang diakui dalam periode sebelumnya                           profit or loss to the extent that the carrying
        akan dipulihkan apabila nilai tercatat aset tidak                    amount of the assets does not exceed its
        melebihi jumlah terpulihkannya maupun nilai                          recoverable amount nor exceed the carrying
        tercatat, neto setelah penyusutan, seandainya                        amount that would have been determined,
        tidak ada rugi penurunan nilai yang telah diakui                     net of depreciation, had no impairment loss
        untuk aset tersebut pada tahun-tahun                                 been recognized for the asset in prior years.
        sebelumnya. Setelah pemulihan tersebut,                              After such a reversal, the depreciation charge
        penyusutan aset tersebut disesuaikan di                              on the said asset is adjusted in future periods
        periode mendatang untuk mengalokasikan nilai                         to allocate the asset’s revised carrying
        tercatat aset yang direvisi, dikurangi nilai                         amount, less any residual value, on a
        sisanya, dengan dasar yang sistematis selama                         systematic basis over its remaining useful life.
        sisa umur manfaatnya.


                                                              - 35 -
Page 337
PT INTILAND DEVELOPMENT Tbk                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                   Otherwise Stated)


   v.   Pengakuan Pendapatan dan Beban                               v.    Revenue and Expense Recognition

        Pengakuan Pendapatan                                               Revenue Recognition

        Pendapatan dari kontrak dengan pelangggan                          Revenue from contracts with customers

        Grup menerapkan PSAK No. 115 yang                                  The Group has applied PSAK No. 115, which
        mensyaratkan pengakuan pendapatan harus                            requires revenue recognition to fulfill 5 steps
        memenuhi 5 langkah analisa sebagai berikut:                        of assessment:

        1. Identifikasi kontrak dengan pelanggan.                          1. Identify contract(s) with a customer.

        2. Identifikasi kewajiban pelaksanaan dalam                        2. Identify the performance obligations in
           kontrak. Kewajiban pelaksanaan merupakan                           the contract. Performance obligations are
           janji-janji dalam kontrak untuk menyerahkan                        promises in a contract to transfer to a
           barang atau jasa yang memiliki karakteristik                       customer goods or services that are
           berbeda ke pelanggan.                                              distinct.

        3. Penetapan harga transaksi. Harga transaksi                      3. Determine       the   transaction    price.
           merupakan jumlah imbalan yang berhak                               Transaction price is the amount of
           diperoleh suatu entitas sebagai kompensasi                         consideration to which an entity expects
           atas diserahkannya barang atau jasa yang                           to be entitled in exchange for transferring
           dijanjikan ke pelanggan. Jika imbalan yang                         promised goods or services to a
           dijanjikan di kontrak mengandung suatu                             customer. If the consideration promised
           jumlah yang bersifat variabel, maka Grup                           in a contract includes a variable amount,
           membuat estimasi jumlah imbalan tersebut                           the Group estimates the amount of
           sebesar jumlah yang diharapkan berhak                              consideration to which it expects to be
           diterima atas diserahkannya barang atau                            entitled in exchange for transferring the
           jasa yang dijanjikan ke pelanggan dikurangi                        promised goods or services to a
           dengan estimasi jumlah jaminan kinerja jasa                        customer less the estimated amount of
           yang akan dibayarkan selama periode                                service level guarantee which will be paid
           kontrak.                                                           during the contract period.

        4. Alokasi harga transaksi ke setiap kewajiban                     4. Allocate the transaction price to each
           pelaksanaan dengan menggunakan dasar                               performance obligation on the basis of
           harga jual berdiri sendiri relatif dari setiap                     the relative stand-alone selling prices of
           barang atau jasa berbeda yang dijanjikan di                        each distinct goods or services promised
           kontrak. Ketika tidak dapat diamati secara                         in the contract. When these are not
           langsung, harga jual berdiri sendiri relatif                       directly observable, the relative stand-
           diperkirakan berdasarkan biaya yang                                alone selling price are estimated based
           diharapkan ditambah marjin.                                        on expected cost plus margin.

        5. Pengakuan pendapatan ketika kewajiban                           5. Recognize revenue when performance
           pelaksanaan     telah  dipenuhi    dengan                          obligation is satisfied by transferring a
           menyerahkan barang atau jasa yang                                  promised goods or services to a
           dijanjikan ke pelanggan (ketika pelanggan                          customer (which is when the customer
           telah memiliki pengendalian atas barang                            obtains control of that goods or services).
           atau jasa tersebut).

        Kewajiban pelaksanaan dapat dipenuhi dengan                        A performance obligation may be satisfied
        2 cara, yakni:                                                     at the following:

        a. Suatu titik waktu (umumnya janji untuk                          a. A point in time (typically for promises to
           menyerahkan barang ke pelanggan); atau                             transfer goods to a customer); or




                                                            - 36 -
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PT INTILAND DEVELOPMENT Tbk                                                   PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2024 dan 2023                                                          December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                           (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                             Otherwise Stated)


       b. Suatu periode waktu (umumnya janji untuk                   b. Over time (typically for promises to
          menyerahkan jasa ke pelanggan). Untuk                         transfer services to a customer). For a
          kewajiban pelaksanaan yang dipenuhi                           performance obligation satisfied over
          dalam suatu periode waktu, Grup memilih                       time, the Group selects an appropriate
          ukuran penyelesaian yang sesuai untuk                         measure of progress to determine the
          penentuan jumlah pendapatan yang harus                        amount of revenue that should be
          diakui karena telah terpenuhinya kewajiban                    recognized as the performance obligation
          pelaksanaan.                                                  is satisfied.

       Pembayaran harga transaksi berbeda untuk                      Payment of the transaction price is different
       setiap kontrak. Aset kontrak diakui ketika jumlah             for each contract. A contract asset            is
       penerimaan dari pelanggan kurang dari saldo                   recognized once the consideration paid by
       kewajiban pelaksanaan yang telah dipenuhi.                    customer is less than         the    balance of
       Kewajiban kontrak diakui ketika jumlah                        performance        obligation which has been
       penerimaan dari pelanggan lebih dari saldo                    satisfied. A contract liability is recognized
       kewajiban pelaksanaan yang telah dipenuhi.                    once the consideration paid by customer is
       Liabilitas kontrak disajikan dalam "Liabilitas                more than the balance of performance
       kontrak” pada laporan posisi keuangan                         obligation      which     has     been satisfied.
       konsolidasian.                                                Contract liabilities are presented as "Contract
                                                                     liabilities” in the consolidated statements of
                                                                     financial position.

       Kewajiban Grup terhadap kontrak dengan                        The obligation of the Group from the
       pelanggan sehubungan dengan pendapatan                        contracts with customers relating to below
       dibawah ini ditentukan sebagai kewajiban                      revenues are determined to be single
       pelaksanaan tunggal yang dipenuhi pada suatu                  performance obligations which are satisfied
       titik waktu:                                                  at a point in time:

       •   Pendapatan dari penjualan persediaan real                 •   Revenues from sale of real estate
           estat diakui pada saat unit real estat                        inventories are recognized when the real
           diserahkan kepada pelanggan.                                  estate units are delivered to the
                                                                         customer.

       •   Pendapatan jasa pelayanan diakui pada                     •   Service revenues are recognized when
           saat jasa diberikan.                                          services are rendered.

       •   Pendapatan kamar hotel diakui berdasarkan                 •   Hotel room revenues are recognized
           tingkat hunian, sementara pendapatan hotel                    based on actual room occupancy, while
           lainnya diakui pada saat barang atau jasa                     other hotel revenues are recognized
           telah diberikan kepada pelanggan.                             when goods are delivered or when
                                                                         services are rendered to hotel guests.

       •   Pendapatan dari iuran keanggotaan klub                    •   Club membership revenue is recognized
           diakui sesuai dengan periode keanggotaan.                     based on the membership period.

       Pendapatan sewa diakui dengan metode garis                    Rental revenue is recognized on a straight
       lurus   (straight-line method) berdasarkan                    line basis over the term of the lease contract.
       berlalunya waktu.

       Pendapatan bunga dari instrumen keuangan                      Interest income for all financial instruments
       diakui dalam laba rugi secara akrual                          are recognized in profit or loss on accrual
       menggunakan metode suku bunga efektif.                        basis using the effective interest rate method.




                                                           - 37 -
Page 339
PT INTILAND DEVELOPMENT Tbk                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2024 dan 2023                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                              Otherwise Stated)


       Pengakuan Beban                                                Expense Recognition

       Biaya penambahan yang         secara langsung                  The incremental costs that directly relate to
       berhubungan untuk mendapatkan kontrak                          obtaining a contract (“cost to obtain”) and are
       ("biaya untuk memperoleh") dan diharapkan                      expected to be recovered are eligible for
       dapat dipulihkan, biaya tersebut dengan                        capitalization under PSAK No. 115 and
       demikian     memenuhi      syarat   kapitalisasi               included as part of “Prepaid expenses”. Such
       berdasarkan PSAK No. 115 dan dicatat sebagai                   cost will be amortized on a systematic basis
       bagian dari akun “Biaya dibayar dimuka”. Beban                 that is consistent with the transfer of the
       tersebut diamortisasi dengan cara sistematis                   goods or services to which such asset
       sejalan dengan penyerahan barang atau jasa                     relates.
       yang terkait dengan aset tersebut.

       Beban pokok penjualan diakui pada saat                         Cost of sales are recognized when incurred
       terjadinya (metode akrual). Termasuk didalam                   (accrual method). Cost of sales includes
       beban pokok penjualan adalah taksiran beban                    estimated costs for future development of
       untuk pengembangan prasarana di masa yang                      amenities on land that is already sold.
       akan datang atas tanah yang telah terjual.

       Beban bunga dari instrumen keuangan diakui                     Interest expense for all financial instruments
       dalam laba rugi secara akrual menggunakan                      are recognized in profit or loss in accrual
       metode suku bunga efektif.                                     basis using the effective interest method.

       Beban diakui pada saat terjadinya, kecuali biaya               Expenses are recognized when they are
       pinjaman      yang    memenuhi       persyaratan               incurred, except for certain borrowing costs
       kapitalisasi sebagai bagian dari biaya perolehan               that qualify for capitalization as part of cost of
       aset kualifikasian.                                            a qualifying asset.

   w. Biaya Pinjaman                                               w. Borrowing Costs

       Biaya pinjaman yang dapat diatribusikan secara                 Borrowing      costs    which     are    directly
       langsung dengan perolehan, konstruksi, atau                    attributable to the acquisition, construction, or
       pembuatan aset kualifikasian dikapitalisasi                    production of qualifying assets are capitalized
       sebagai bagian dari biaya perolehan aset                       as part of the acquisition cost of the qualifying
       tersebut. Biaya pinjaman lainnya diakui sebagai                assets. Other borrowing costs are recognized
       beban pada saat terjadinya.                                    as expenses in the period in which they are
                                                                      incurred.

       Jika Grup meminjam dana secara khusus untuk                    To the extent that the Group borrows funds
       tujuan memperoleh aset kualifikasian, maka                     specifically for the purpose of obtaining a
       entitas menentukan jumlah biaya pinjaman                       qualifying asset, the entity determines the
       yang layak dikapitalisasikan sebesar biaya                     amount of borrowing costs eligible for
       pinjaman aktual yang terjadi selama tahun                      capitalization as the actual borrowing costs
       berjalan dikurangi penghasilan investasi atas                  incurred on that borrowing during the year
       investasi sementara dari pinjaman tersebut.                    less any investment income on the temporary
                                                                      investment of those borrowings.

       Jika pengembangan aktif atas aset kualifikasian                The Group suspends capitalization of
       dihentikan, Grup menghentikan kapitalisasi                     borrowing costs during extended periods in
       biaya    pinjaman    selama   periode     yang                 which it suspends active development of a
       diperpanjang tersebut.                                         qualifying asset.

       Kapitalisasi biaya pinjaman dihentikan saat                    The Groups ceases capitalizing borrowing
       selesainya secara subtansi seluruh aktivitas                   costs when substantially all the activities
       yang diperlukan untuk mempersiapkan aset                       necessary to prepare the qualifying asset for
       kualifikasian agar dapat digunakan atau dijual                 its intended use or sale are complete.
       sesuai dengan maksudnya.




                                                          - 38 -
Page 340
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


   x.   Imbalan Kerja                                               x.    Employee Benefits

        Liabilitas Imbalan Kerja Jangka Pendek                            Short-term Employee Benefits Liability

        Imbalan kerja jangka pendek diakui sebesar                        Short-term employee benefits are recognized
        jumlah yang tak-terdiskonto sebagai liabilitas                    at its undiscounted amount as a liability after
        pada laporan posisi keuangan konsolidasian                        deducting any amount already paid in the
        setelah dikurangi dengan jumlah yang telah                        consolidated statement of financial position
        dibayar dan sebagai beban dalam laba rugi.                        and as an expense in profit or loss.

        Liabilitas Imbalan Kerja Jangka Panjang                           Long-term Employee Benefits Liability

        Liabilitas imbalan kerja jangka panjang                           Long-term     employee        benefits  liability
        merupakan imbalan pasca-kerja manfaat pasti                       represents      post-employment        benefits,
        yang dibentuk tanpa pendanaan khusus dan                          unfunded     defined-benefit plans        which
        didasarkan pada masa kerja dan jumlah                             amounts are determined based on years of
        penghasilan karyawan saat pensiun yang                            service and salaries of the employees at the
        dihitung menggunakan metode Projected Unit                        time of pension and calculated using the
        Credit. Pengukuran kembali liabilitas imbalan                     Projected Unit Credit. Remeasurement is
        pasti langsung diakui dalam laporan posisi                        reflected immediately in the consolidated
        keuangan konsolidasian dan penghasilan                            statement of financial position with a charge
        komprehensif lain pada periode terjadinya dan                     or credit recognized in other comprehensive
        tidak akan direklasifikasi ke laba rugi, namun                    income in the period in which they occur and
        menjadi bagian dari saldo laba. Biaya liabilitas                  not to be reclassified to profit or loss but
        imbalan pasti lainnya terkait dengan program                      reflected immediately in retained earnings. All
        imbalan pasti diakui dalam laba rugi.                             other costs related to the defined-benefit plan
                                                                          are recognized in profit or loss.

        Pada tanggal 2 Februari 2021, Pemerintah                          On February 2, 2021, the Government
        mengundangkan       dan     memberlakukan                         promulgated Government Regulation Number
        Peraturan Pemerintah Nomor 35 Tahun 2021                          35 Year 2021 (PP 35/2021) to implement the
        (PP 35/2021) untuk melaksanakan ketentuan                         provisions of Article 81 and Article 185 (b) of
        Pasal 81 dan Pasal 185 (b) UU No. 11/2020                         Law no. 11/2020 concerning Job Creation
        mengenai Cipta Kerja yang bertujuan untuk                         (Cipta Kerja), which aims to create the widest
        menciptakan lapangan kerja yang seluas-                           possible employment opportunities.
        luasnya.

        Presiden Republik Indonesia telah menetapkan                      The President of the Republic of Indonesia
        Peraturan Pemerintah Pengganti Undang-                            has issued Government Regulation in Lieu of
        Undang No. 2 Tahun 2022 tentang Cipta Kerja                       Law No. 2 of 2022 concerning Job Creation
        (Perppu Cipta Kerja 2/2022) pada tanggal                          (Perppu Cipta Kerja 2/2022) on December
        30    Desember     2022   yang     merupakan                      30, 2022 which is the implementation of the
        pelaksanaan dari Putusan MK Nomor 91/PUU-                         Constitutional Court Decision Number
        XVIII/2020. Dengan berlakunya Perppu ini, UU                      91/PUU-XVIII/2020. With the enactment of
        No.11/2020 tentang Cipta Kerja dicabut dan                        this Perppu, Law No.11/2020 concerning Job
        dinyatakan tidak berlaku. Perppu Cipta Kerja                      Creation is repealed and declared invalid.
        2/2022 telah ditetapkan menjadi Undang-                           Perppu Cipta Kerja 2/2022 has been enacted
        Undang pada tanggal 31 Maret 2023                                 into law on March 31, 2023, based on Law
        berdasarkan Undang-Undang No. 6 Tahun                             No. 6 of 2023.
        2023.

        Grup juga mengikutsertakan karyawannya                            The Group engaged its employees in a
        dalam program Dana Pensiun Lembaga                                pension plan program DPLK Manulife.
        Keuangan (DPLK) Manulife. Manfaat iuran pasti                     Defined-contribution plans benefits are
        ditentukan berdasarkan akumulasi iuran dan                        determined      based     on     accumulated
        hasil pengembangan investasi.                                     contributions and returns on investments.




                                                           - 39 -
Page 341
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


   y.   Pajak Penghasilan                                           y.    Income Tax

        Pajak Kini                                                        Current Tax

        Pajak kini ditentukan berdasarkan laba kena                       Current tax expense is determined based on
        pajak dalam tahun yang bersangkutan yang                          the taxable income for the year computed
        dihitung berdasarkan tarif pajak yang berlaku.                    using prevailing tax rates.

        Pajak Tangguhan                                                   Deferred Tax

        Pajak tangguhan diakui sebagai liabilitas jika                    Deferred tax is provided using the liability
        terdapat perbedaan temporer kena pajak yang                       method on temporary differences between
        timbul dari perbedaan antara dasar pengenaan                      the tax bases of assets and liabilities and
        pajak aset dan liabilitas dengan jumlah                           their carrying amounts for financial reporting
        tercatatnya pada tanggal pelaporan.                               purposes at the reporting date.

        Aset pajak tangguhan diakui untuk seluruh                         Deferred tax assets are recognized for all
        perbedaan temporer yang dapat dikurangkan                         deductible temporary differences and the
        dan rugi fiskal yang dapat dikompensasikan.                       carry forward benefit of any unused tax
        Aset pajak tangguhan diakui dan direviu pada                      losses. Deferred tax assets are recognized
        setiap tanggal pelaporan atau diturunkan jumlah                   and reviewed at each reporting date and
        tercatatnya, sepanjang kemungkinan besar laba                     reduced to the extent that it is probable that
        kena pajak tersedia untuk pemanfaatan                             taxable profit will be available against which
        perbedaan temporer yang dapat dikurangkan                         the deductible temporary differences and the
        dan rugi fiskal yang dapat dikompensasikan.                       carry forward benefit of unused tax losses
                                                                          can be utilized.

        Aset dan liabilitas pajak tangguhan diukur                        Deferred tax assets and liabilities are
        dengan menggunakan tarif pajak yang                               measured at the tax rates that are expected
        diharapkan berlaku ketika aset dipulihkan atau                    to apply in the year when the asset is realized
        liabilitas diselesaikan, berdasarkan tarif pajak                  or the liability is settled, based on tax rates
        (atau peraturan pajak) yang telah berlaku atau                    (or tax laws) that have been enacted or
        secara substantif telah berlaku pada tanggal                      substantively enacted at the reporting date.
        pelaporan.

        Aset pajak tangguhan dan liabilitas pajak                         Deferred tax assets and deferred tax
        tangguhan saling hapus jika dan hanya jika,                       liabilities are offset if and only if, a legally
        terdapat hak yang dipaksakan secara hukum                         enforceable right exists to set off current tax
        untuk melakukan saling hapus aset pajak kini                      assets against current tax liabilities and the
        terhadap liabilitas pajak kini dan pajak                          deferred taxes relate to the same taxable
        tangguhan tersebut terkait dengan entitas kena                    entity and the same taxation authority.
        pajak yang sama dan dikenakan oleh otoritas
        perpajakan yang sama.

   z.   Laba Per Saham                                              z.    Earnings Per Share

        Laba per saham dasar dihitung dengan                              Basic earnings per share are computed by
        membagi laba bersih yang dapat diatribusikan                      dividing the profit attributable to owners of the
        kepada pemilik entitas induk dengan jumlah                        parent company by the weighted average
        rata-rata tertimbang saham yang beredar pada                      number of shares outstanding during the
        tahun yang bersangkutan.                                          year.

   aa. Segmen Operasi                                               aa. Operating Segment

        Segmen operasi disusun sesuai dengan                              Operating segment is prepared using the
        kebijakan akuntansi yang dianut dalam                             accounting policies adopted for preparing and
        penyusunan dan penyajian laporan keuangan                         presenting   the     consolidated    financial
        konsolidasian.                                                    statements.



                                                           - 40 -
Page 342
PT INTILAND DEVELOPMENT Tbk                                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
31 Desember 2024 dan 2023                                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                        Otherwise Stated)


         Segmen operasi diidentifikasi berdasarkan                              Operating segments are identified on the
         laporan internal komponen-komponen Grup                                basis of internal reports about components of
         yang secara berkala dilaporkan kepada                                  the Group that are regularly reviewed by the
         pengambil keputusan operasional dalam rangka                           chief operating decision maker in order to
         alokasi sumber daya ke dalam segmen dan                                allocate resources to the segments and to
         penilaian kinerja Grup.                                                assess their performances.

     bb. Provisi                                                            bb. Provisions

         Provisi diakui jika Grup mempunyai kewajiban                           Provisions are recognized when the Group
         kini (hukum maupun konstruktif) sebagai akibat                         has present obligation (legal or constructive)
         peristiwa masa lalu, yang memungkinkan Grup                            as a result of a past event, it is probable that
         harus menyelesaikan kewajiban tersebut dan                             the Group will be required to settle the
         estimasi yang andal mengenai jumlah                                    obligation, and a reliable estimate can be
         kewajiban tersebut dapat dibuat.                                       made of the amount of the obligation.

         Jumlah yang diakui sebagai provisi adalah                              The amount recognized as a provision is
         hasil estimasi terbaik pengeluaran yang                                the best estimate of the consideration
         diperlukan untuk menyelesaikan kewajiban                               required to settle the obligation at the
         kini    pada    tanggal     pelaporan, dengan                          reporting date, taking into account the risks
         mempertimbangkan risiko dan ketidakpastian                             and uncertainties surrounding the obligation.
         terkait kewajiban tersebut.

     cc. Peristiwa setelah Periode Pelaporan                                cc. Events after the Reporting Period

         Peristiwa-peristiwa yang terjadi setelah periode                       Post year-end events that provide additional
         pelaporan yang menyediakan tambahan                                    information about the consolidated statement
         informasi     mengenai      posisi     keuangan                        of financial position at the reporting date
         konsolidasian Grup pada tanggal laporan posisi                         (adjusting events), if any, are reflected in
         keuangan konsolidasian (peristiwa penyesuai),                          the consolidated financial statements. Post
         jika ada, telah tercermin dalam laporan                                year-end events that are not adjusting events
         keuangan konsolidasian. Peristiwa-peristiwa                            are disclosed in the notes to consolidated
         yang terjadi setelah periode pelaporan yang                            financial statements when material.
         tidak memerlukan penyesuaian (peristiwa
         non-penyesuai), apabila jumlahnya material,
         telah diungkapkan dalam laporan keuangan
         konsolidasian.


3.   Penggunaan   Estimasi,        Pertimbangan       dan              3.   Management Use of Estimates, Judgments
     Asumsi Manajemen                                                       and Assumptions

     Dalam penerapan kebijakan akuntansi Grup, pada                         In the application of the Group’s accounting
     laporan keuangan konsolidasian manajemen harus                         policies to the consolidated financial statements,
     membuat estimasi, pertimbangan dan asumsi atas                         management is required to make estimates,
     nilai tercatat aset dan liabilitas yang tidak tersedia                 judgments and assumptions about the carrying
     oleh sumber-sumber lain. Estimasi dan asumsi                           amounts of assets and liabilities that are not
     tersebut, berdasarkan pengalaman historis dan                          readily apparent from other sources. The
     faktor lain yang dipertimbangkan relevan.                              estimates and assumptions are based on
                                                                            historical experience and other factors that are
                                                                            considered to be relevant.

     Manajemen berkeyakinan bahwa pengungkapan                              Management believes that the following represent
     berikut   telah  mencakup      ikhtisar  estimasi,                     a summary of the significant estimates,
     pertimbangan dan asumsi signifikan yang dibuat                         judgments, and assumptions made that affected
     oleh manajemen, yang berpengaruh terhadap                              certain reported amounts and disclosures in the
     jumlah-jumlah yang dilaporkan serta pengungkapan                       consolidated financial statements.
     dalam laporan keuangan konsolidasian.




                                                              - 41 -
Page 343
PT INTILAND DEVELOPMENT Tbk                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                   Otherwise Stated)


   Pertimbangan                                                      Judgments

   Pertimbangan-pertimbangan berikut dibuat oleh                     The following judgments are made by
   manajemen dalam proses penerapan kebijakan                        management in the process of applying the
   akuntansi Grup yang memiliki dampak yang paling                   Group’s accounting policies that have the most
   signifikan terhadap jumlah-jumlah yang diakui dalam               significant effects on the amounts recognized in
   laporan keuangan konsolidasian:                                   the consolidated financial statements:

    a.   Pengendalian Bersama pada Pengendalian                      a.    Joint Control in Joint Arrangements
         Bersama Entitas

         Pengendalian bersama atas suatu aktivitas                         Joint control over an economic activity exists
         ekonomi terjadi jika keputusan keuangan dan                       only when the strategic financial and
         operasional strategis terkait dengan aktivitas                    operating decisions relating to the activity
         tersebut mensyaratkan konsensus dari                              require uninanimous consent of the parties
         seluruh pihak yang berbagi pengendalian.                          sharing control. The Group’s management
         Manajemen      Grup     menentukan     bahwa                      determined that it has joint control over
         terdapat pengendalian bersama atas Badan                          Badan Kerjasama Graha Pratama (BKGP),
         Kerjasama Graha Pratama (BKGP), Badan                             Badan Kerjasama Mutiara Buana (BKMB),
         Kerjasama Mutiara Buana (BKMB), dan                               and PT Graha Abdael Sukses since the
         PT Graha Abdael Sukses karena keputusan                           decisions on economic activities of these
         terkait akvititas ekonomi entitas-entitas                         entities are made jointly by the venturers.
         tersebut dibuat oleh pihak-pihak yang berbagi
         pengendalian.

    b.   Konsolidasi Entitas dengan        Hak    Suara              b.    Consolidation of Entities in      which   the
         Perusahaan di Bawah 50%                                           Company Holds Below 50%

         Manajemen menentukan bahwa Perusahaan                             Management considers that the Company
         mengendalikan PT Raharja Mitra Familia                            controls PT Raharja Mitra Familia (RMF) and
         (RMF) dan PT Melati Anugerah Semesta                              PT Melati Anugerah Semesta (MAS) although
         (MAS) walaupun kepemilikannya di RMF dan                          its ownership in RMF and MAS is below 50%
         MAS di bawah 50% karena Perusahaan                                since it has the power to govern the operating
         memiliki wewenang untuk mengatur kebijakan                        and financial policies of RMF and MAS.
         operasi dan keuangan RMF dan MAS.

    c.   Klasifikasi Aset   Keuangan    dan    Liabilitas            c.    Classification of Financial     Assets    and
         Keuangan                                                          Financial Liabilities

         Grup menentukan klasifikasi aset dan liabilitas                   The Group determines the classifications of
         tertentu sebagai aset keuangan dan liabilitas                     certain assets and liabilities as financial
         keuangan dengan menilai apakah aset dan                           assets and liabilities by judging if they meet
         liabilitas tersebut memenuhi kriteria yang                        the definition set forth in PSAK No. 109.
         ditetapkan dalam PSAK No. 109. Aset                               Accordingly, the financial assets and
         keuangan dan liabilitas keuangan dicatat                          liabilities are accounted for in accordance
         sesuai dengan kebijakan akuntansi Grup                            with the Group’s accounting policies
         sebagaimana diungkapkan dalam Catatan 2.                          disclosed in Note 2.




                                                            - 42 -
Page 344
PT INTILAND DEVELOPMENT Tbk                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                 Otherwise Stated)


    d.   Aset Keuangan yang Tidak Memiliki Kuotasi                 d.    Financial Assets Not Quoted in Active Market
         Harga di Pasar Aktif

         Grup mengukur seluruh aset keuangan                             The Group measures all investments in
         berupa investasi dalam instrumen ekuitas                        equity securities at fair value. However, in
         pada nilai wajarnya. Akan tetapi, pada                          limited circumstances cost may be an
         keadaan terbatas, biaya perolehan dapat                         appropriate estimate of fair value. That may
         merupakan estimasi nilai wajar yang tepat.                      be the case if insufficient more recent
         Hal tersebut dapat terjadi jika informasi yang                  information is available to measure fair value,
         terkini tidak tersedia untuk mengukur nilai                     or if there is a wide range of possible fair
         wajar, atau terdapat rentang kemungkinan                        value measurements and cost represents the
         yang cukup besar atas nilai wajar, dimana                       best estimate of fair value within that range.
         biaya perolehan yang merupakan estimasi
         terbaik nilai wajar berada dalam rentang
         tersebut.

         Pada tanggal 31 Desember 2024 dan 2023,                         As of December 31, 2024 and 2023, the
         manajemen      Grup    memutuskan     untuk                     Group management decided to measure the
         mengukur investasi dalam instrumen ekuitas                      investments in equity securities at fair value
         pada nilai wajar melalui penghasilan                            through other comprehensive income as
         komprehensif lain yang diungkapkan dalam                        disclosed in Note 6 at cost, because current
         Catatan 6 pada biaya perolehan, karena                          information is not available to measure the
         informasi yang terkini tidak tersedia untuk                     fair values.
         mengukur nilai wajarnya.

    e.   Cadangan Kerugian Penurunan Nilai                         e.    Allowance for Impairment

         Pada setiap tanggal laporan posisi keuangan                     At each consolidation statement of financial
         konsolidasian, Grup menilai apakah risiko                       position reporting date, the Group assesses
         kredit atas instrumen keuangan telah                            whether the credit risk of a financial
         meningkat secara signifikan sejak pengakuan                     instrument has increased significantly since
         awal. Ketika melakukan penilaian tersebut,                      initial recognition. When making the
         Grup mempertimbangkan perubahan risiko                          assessment, the Group uses the change in
         gagal bayar yang terjadi selama umur                            the risk of a default over the expected life of
         instrumen keuangan. Dalam melakukan                             the financial instrument. To make that
         penilaian tersebut, Grup membandingkan                          assessment, the Group compares the risk of
         risiko gagal bayar yang terjadi pada tanggal                    a default occurring on the financial
         pelaporan dengan risiko gagal bayar pada                        instrument as at the reporting date with the
         saat        pengakuan        awal,      serta                   risk of a default occurring on the financial
         mempertimbangkan       informasi,   termasuk                    instrument as at the date of initial recognition
         informasi masa lalu, kondisi saat ini, dan                      and consider reasonable and supportable
         informasi bersifat perkiraan masa depan                         information, including that which is forward-
         (forward-looking), yang wajar dan terdukung                     looking, that is available without undue cost
         yang tersedia tanpa biaya atau upaya                            or effort.
         berlebihan.

         Grup mengukur cadangan kerugian sepanjang                       The Group measures the loss allowance for
         umurnya, jika risiko kredit atas instrumen                      a financial instrument at an amount equal to
         keuangan tersebut telah meningkat secara                        the lifetime expected credit losses if the
         signifikan sejak pengakuan awal, jika tidak,                    credit risk on that financial instrument has
         maka Grup mengukur cadangan kerugian                            increased      significantly   since     initial
         untuk instrumen keuangan tersebut sejumlah                      recognition, otherwise, the Group measures
         kerugian kredit ekspektasian 12 bulan.                          the loss allowance for that financial
         Suatu evaluasi yang bertujuan untuk                             instrument at an amount equal to 12-month
         mengidentifikasi jumlah cadangan kerugian                       expected credit losses. Evaluation of
         ekspektasian yang harus dibentuk, dilakukan                     financial assets to determine the allowance
         secara berkala pada setiap periode pelaporan.                   for expected loss to be provided is performed
         Oleh karena itu, saat dan besaran jumlah                        periodically in each reporting period.
         cadangan kerugian ekspektasian yang                             Therefore, the timing and amount of
         tercatat pada setiap periode dapat berbeda                      allowance for expected credit loss recorded
         tergantung pada pertimbangan atas informasi                     at each period might differ based on the
         yang tersedia atau berlaku pada saat itu.                       judgments and estimates that are available
                                                                         or valid at each period.


                                                          - 43 -
Page 345
PT INTILAND DEVELOPMENT Tbk                                                          PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2024 dan 2023                                                                 December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                  (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                    Otherwise Stated)


         Nilai tercatat aset keuangan Grup yang diukur                       The carrying values of the Group’s financial
         pada biaya perolehan diamortisasi pada                              assets at amortized cost as of December 31,
         tanggal 31 Desember 2024 dan 2023 adalah                            2024 and 2023 follows:
         sebagai berikut:

                                                     2024                     2023

         Kas dan setara kas                      752.320.105.532          954.308.405.033   Cash and cash equivalents
         Piutang usaha                           171.677.410.061          207.651.224.167   Trade accounts receivable
         Piutang lain-lain                         9.260.434.808            3.776.649.729   Other accounts receivable
         Aset keuangan lainnya                   350.235.472.680          406.986.526.877   Other financial assets
         Piutang pihak berelasi non - usaha                    -            4.538.139.758   Due from related parties
         Jaminan                                   1.446.523.511            1.096.316.511   Deposits

         Jumlah                                1.284.939.946.592     1.578.357.262.075      Total


    f.   Sewa                                                        f.      Leases

         Grup Sebagai Pesewa                                                 Group as Lessor

         Grup     telah   menandatangani   sejumlah                          The Group has entered into various
         perjanjian sewa ruangan. Grup menentukan                            commercial lease agreements. The Group
         bahwa sewa tersebut adalah sewa operasi                             has determined that these are operating
         karena Grup menanggung secara signifikan                            leases since the Group bears substantially all
         seluruh risiko dan manfaat dari kepemilikan                         the significant risks and rewards of
         aset-aset tersebut.                                                 ownership of the related assets.

    g.   Komponen Pendanaan Signifikan                               g.      Significant Financing Component

         Grup telah menetapkan bahwa kontrak                                 The Group has determined that the contracts
         dengan pelanggan atas penjualan persediaan                          with customers for sale of real estate
         real estat memiliki komponen pendanaan                              inventories    have    significant   financing
         yang signifikan mengingat jangka waktu                              component considering the period between
         antara pembayaran uang muka penjualan                               the customer’s payment of sales advance
         oleh pelanggan dan waktu pengalihan kendali                         and the time of the transfer of control over
         atas persediaan real estat, yang mana lebih                         the real estate inventories, which is more
         dari satu tahun. Dalam menentukan tingkat                           than one year. In determining the interest to
         bunga yang akan diterapkan pada jumlah                              be applied to the amount of consideration,
         imbalan, Grup menyimpulkan bahwa tingkat                            the Group concluded that the interest rate is
         suku bunga adalah tingkat bunga rata-rata                           the average interest rate on the Group’s
         pinjaman jangka panjang Grup yang                                   long-term borrowings adjusted with credit
         disesuaikan dengan selisih tingkat hasil (credit                    spread to reflect the customer credit risk that
         spread) untuk mencerminkan risiko kredit                            is commensurate with the rate that would be
         pelanggan yang sebanding dengan tingkat                             reflected in a separate financing transaction
         bunga yang tercermin dalam transaksi                                between Group and the customer at contract
         terpisah yang mengandung komponen                                   inception.
         pendanaan antara Grup dan pelanggan pada
         awal kontrak.




                                                            - 44 -
Page 346
PT INTILAND DEVELOPMENT Tbk                                                               PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                    AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2024 dan 2023                                                                      December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                       (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                         Otherwise Stated)


    h.    Saat Pengakuan Pendapatan                                   h.         Timing of Revenue

          Grup mengakui pendapatan dari kontrak                                  The Group recognizes revenue from
          dengan pelanggan pada suatu periode waktu                              contracts with customers over time or at a
          atau pada suatu titik waktu tergantung pada                            point in time depending on management
          evaluasi manajemen ketika pelanggan                                    evaluation of when the customer obtains
          memperoleh kendali atas barang atau jasa                               control of the promised goods or services
          yang dijanjikan dan berdasarkan tingkat                                and based on the extent of progress towards
          kemajuan dalam penyelesaian kewajiban                                  completion of the performance obligation.
          pelaksanaan. Grup menetapkan bahwa                                     The Group has determined that revenues
          pendapatan dari penjualan persediaan real                              from sale of real estate inventories are to be
          estate diakui pada suatu titik waktu karena                            recognized at a point in time because control
          kendali atas barang yang dijanjikan dialihkan                          of the promised goods is transferred to the
          kepada pelanggan pada suatu titik waktu                                customers at a point in time.
          tertentu.

    i.    Pajak Penghasilan                                           i.         Income taxes

          Pertimbangan yang signifikan dibutuhkan                                Significant    judgment    is   required     in
          untuk menentukan jumlah pajak penghasilan.                             determining the provision for income taxes.
          Terdapat sejumlah transaksi dan perhitungan                            There      are    many    transactions     and
          yang menimbulkan ketidakpastian penentuan                              calculations for which the ultimate tax
          jumlah pajak penghasilan karena interpretasi                           determination is uncertain due to different
          atas peraturan pajak yang berbeda. Jika hasil                          interpretation of tax regulations. Where the
          pemeriksaan pajak berbeda dengan jumlah                                final tax outcome of these matters is different
          yang sebelumnya telah dibukukan, maka                                  from the amounts that were initially recorded,
          selisih tersebut akan berdampak terhadap                               such differences will have an impact on the
          aset dan liabilitas pajak kini dan tangguhan                           current and deferred tax assets and liabilities
          dalam periode dimana hasil pemeriksaan                                 in the period in which such determination is
          tersebut terjadi.                                                      made.

   Estimasi dan Asumsi                                                     Estimates and Assumptions

   Asumsi utama mengenai masa depan dan sumber                             The key assumptions concerning the future and
   utama lain dalam mengestimasi ketidakpastian pada                       other key sources of estimation uncertainty at the
   tanggal pelaporan yang mempunyai risiko signifikan                      reporting date that have a significant risk of
   yang dapat menyebabkan penyesuaian material                             causing a material adjustment to the carrying
   terhadap nilai tercatat aset dan liabilitas dalam                       amounts of assets and liabilities within the next
   periode berikutnya diungkapkan di bawah ini. Grup                       financial period are disclosed below. The Group
   mendasarkan asumsi dan estimasi pada parameter                          based its assumptions and estimates on
   yang tersedia saat laporan keuangan konsolidasian                       parameters available when the consolidated
   disusun. Kondisi yang ada dan asumsi mengenai                           financial statements were prepared. Existing
   perkembangan masa depan dapat berubah karena                            circumstances and assumptions about future
   perubahan situasi pasar yang berada di luar kendali                     developments may change due to market
   Grup. Perubahan tersebut tercermin dalam asumsi                         changes on circumstances arising beyond the
   ketika keadaan tersebut terjadi.                                        control of the Group. Such changes are reflected
                                                                           in the assumptions when they occur.

   a.    Nilai Wajar Aset Keuangan dan Liabilitas                          a.     Fair Value     of   Financial   Assets    and
         Keuangan                                                                 Liabilities

         Standar Akuntansi Keuangan di Indonesia                                  Indonesian Financial Accounting Standards
         mensyaratkan pengukuran aset keuangan dan                                require measurement of certain financial
         liabilitas keuangan tertentu pada nilai wajarnya,                        assets and liabilities at fair values, and the
         dan penyajian ini mengharuskan penggunaan                                disclosure requires the use of estimates.
         estimasi. Komponen pengukuran nilai wajar                                Significant component of fair value
         yang signifikan ditentukan berdasarkan bukti-                            measurement is determined based on
         bukti obyektif yang dapat diverifikasi (seperti                          verifiable objective evidence (i.e. foreign
         nilai tukar, suku bunga), sedangkan saat dan                             exchange, interest rate), while timing and
         besaran perubahan nilai wajar dapat menjadi                              amount of changes in fair value might differ
         berbeda karena penggunaan metode penilaian                               due to different valuation method used.
         yang berbeda.


                                                             - 45 -
Page 347
PT INTILAND DEVELOPMENT Tbk                                                          PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2024 dan 2023                                                                 December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                  (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                    Otherwise Stated)


        Nilai wajar aset keuangan dan liabilitas                             The fair value of financial assets and
        keuangan diungkapkan pada Catatan 31.                                liabilities are set out in Note 31.

   b.   Estimasi Masa Manfaat Properti Investasi dan                  b.     Estimated Useful Lives of Investment
        Aset Tetap                                                           Properties and Property and Equipment

        Masa manfaat dari masing-masing properti                             The useful life of each of the item of the
        investasi dan aset tetap Grup diestimasi                             Group’s investment properties and property
        berdasarkan jangka waktu aset tersebut                               and equipment are estimated based on the
        diharapkan tersedia untuk digunakan. Estimasi                        period over which the asset is expected to
        tersebut didasarkan pada penilaian kolektif                          be available for use. Such estimation is
        berdasarkan bidang usaha yang sama, evaluasi                         based on a collective assessment of similar
        teknis internal dan pengalaman dengan aset                           business, internal technical evaluation
        sejenis. Estimasi masa manfaat setiap aset                           and experience with similar assets. The
        ditelaah secara berkala dan diperbarui jika                          estimated useful life of each asset is
        estimasi berbeda dari perkiraan sebelumnya                           reviewed periodically and updated if
        yang disebabkan karena pemakaian, usang                              expectations differ from previous estimates
        secara teknis atau komersial serta keterbatasan                      due to physical wear and tear, technical or
        hak atau pembatasan lainnya terhadap                                 commercial obsolescence, and legal or
        penggunaan aset. Dengan demikian, hasil                              other limits on the use of the asset. It is
        operasi di masa mendatang mungkin dapat                              possible, however, that future results of
        terpengaruh secara signifikan oleh perubahan                         operations could be materially affected by
        dalam jumlah dan waktu terjadinya biaya                              changes in the amounts and timing of
        karena perubahan yang disebabkan oleh faktor-                        recorded expenses brought about by
        faktor yang disebutkan di atas. Penurunan                            changes in the factors mentioned above.
        estimasi masa manfaat ekonomis setiap                                A reduction in the estimated useful life of
        properti investasi dan aset tetap akan                               any item of investment properties and
        menyebabkan kenaikan beban penyusutan dan                            property and equipment would increase the
        penurunan nilai tercatat aset tersebut.                              recorded depreciation and decrease the
                                                                             carrying values of these assets.

        Nilai tercatat properti investasi dan aset tetap                     The carrying values of investment
        konsolidasian pada tanggal 31 Desember 2024                          properties and property and equipment as
        dan 2023 masing-masing diungkapkan pada                              of December 31, 2024 and 2023 are set out
        Catatan 17 dan 18.                                                   in Notes 17 and 18, respectively.

   c.   Penurunan Nilai Goodwill                                      c.     Impairment of Goodwill

        Uji penurunan nilai wajib dilakukan sedikitnya                       Impairment testing is required to be
        setahun sekali tanpa memperhatikan apakah                            performed at least annually irrespective of
        telah   terjadi  indikasi     penurunan     nilai.                   whether or not there are indications of
        Penentuan nilai pakai aset tak berwujud                              impairment. Determining the value in use of
        membutuhkan estimasi arus kas yang                                   assets requires the estimation of cash flows
        diharapkan akan dihasilkan dari pemakaian                            expected to be generated from the
        berkelanjutan dan pelepasan akhir atas aset                          continued use and ultimate disposition of
        tersebut (UPK) serta tingkat diskonto yang tepat                     such assets (CGU) and a suitable discount
        untuk menghitung nilai kini.                                         rate in order to calculate the present value.




                                                             - 46 -
Page 348
PT INTILAND DEVELOPMENT Tbk                                                            PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2024 dan 2023                                                                   December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                    (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                      Otherwise Stated)


        Manajemen berkeyakinan bahwa asumsi-                                    While it is believed that the assumptions
        asumsi yang digunakan dalam estimasi nilai                              used in the estimation of the value in use of
        pakai dalam laporan keuangan konsolidasian                              assets reflected in the consolidated
        adalah tepat dan wajar, namun demikian,                                 financial statements are appropriate and
        perubahan signifikan dalam asumsi-asumsi                                reasonable, significant changes in this
        tersebut dapat berdampak signifikan pada                                assumptions may materially affect the
        jumlah nilai terpulihkan dan jumlah kerugian                            assessment of recoverable values and any
        penurunan     nilai   yang  terjadi   mungkin                           resulting impairment loss could have a
        berdampak material pada hasil operasi Grup.                             material adverse impact on the results of
                                                                                Group’s operations.

        Berdasarkan penelaahan manajemen, tidak                                 Based on the assessment of management,
        terdapat penurunan nilai goodwill yang diakui di                        there was no impairment in value of
        tahun 2024 dan 2023. Unit Penghasil Kas                                 goodwill in 2024 and 2023. The cash
        (UPK), dimana telah diuji penurunan nilai,                              generating unit (CGU) on which impairment
        disajikan dalam Catatan 19 atas laporan                                 analysis is applied is disclosed in Note 19
        keuangan konsolidasian.                                                 to the consolidated financial statements.

   d.   Penurunan Nilai Aset Non-Keuangan                               d.      Impairment of Non-financial Assets

        Penelahaan atas penurunan nilai dilakukan                               Impairment review is performed when
        apabila terdapat indikasi penurunan nilai aset                          certain impairment indicators are present.
        tertentu.   Penentuan     nilai   wajar   aset                          Determining the fair value of assets
        membutuhkan estimasi arus kas yang                                      requires the estimation of cash flows
        diharapkan akan dihasilkan dari pemakaian                               expected to be generated from the
        berkelanjutan dan pelepasan akhir atas aset                             continued use and ultimate disposition of
        tersebut. Perubahan signifikan dalam asumsi-                            such assets. Any significant changes in the
        asumsi yang digunakan untuk menentukan nilai                            assumptions used in determining the fair
        wajar dapat berdampak signifikan pada nilai                             value may materially affect the assessment
        terpulihkan dan jumlah kerugian penurunan nilai                         of recoverable values and any resulting
        yang terjadi mungkin berdampak material pada                            impairment loss could have a material
        hasil operasi Grup.                                                     impact on results of operations.

        Nilai tercatat aset non-keuangan tersebut pada                          The carrying values of these assets as of
        tanggal 31 Desember 2024 dan 2023 adalah                                December 31, 2024 and 2023 follows:
        sebagai berikut:

                                                  2024                   2023


        Investasi entitas asosiasi                                                       Investments in associates
           dan ventura bersama                352.553.814.896        425.488.988.159        and joint ventures
        Properti investasi                   1.638.491.113.505      1.749.636.360.459    Investment properties
        Aset tetap                            384.463.445.185        363.778.449.257     Property and equipment
        Tanah yang belum dikembangkan        3.896.603.155.948      3.659.395.961.185    Land for development

        Jumlah                               6.272.111.529.534      6.198.299.759.060    Total




                                                           - 47 -
Page 349
PT INTILAND DEVELOPMENT Tbk                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                 Otherwise Stated)


   e.   Imbalan Kerja Jangka Panjang                               e.     Long-term Employee Benefits

        Penentuan liabilitas imbalan kerja jangka                         The determination of the long-term
        panjang dipengaruhi oleh asumsi tertentu yang                     employee benefits is dependent on the
        digunakan oleh aktuaris dalam menghitung                          selection of certain assumptions used by
        jumlah tersebut. Asumsi-asumsi tersebut                           actuary in calculating such amounts. Those
        dijelaskan dalam Catatan 44 dan mencakup,                         assumptions are described in Note 44 and
        antara lain, tingkat kenaikan gaji, dan tingkat                   include, among others, rate of salary
        diskonto yang ditentukan dengan mengacu                           increase, and discount rate which is
        pada imbal hasil surat utang negara pada                          determined after giving consideration to
        tanggal valuasi. Hasil aktual yang berbeda                        interest rates of goverment bonds on the
        dengan asumsi Grup dibukukan pada                                 date of valuation.       Actual results that
        penghasilan komprehensif lain dan dengan                          differ from the Group’s assumptions are
        demikian, berdampak pada jumlah penghasilan                       charged to other comprehensive income
        komprehensif lain yang diakui dan liabilitas                      and therefore, generally affect the
        yang tercatat pada periode-periode mendatang.                     recognized comprehensive income and
        Manajemen berkeyakinan bahwa asumsi-                              recorded obligation in such future periods.
        asumsi yang digunakan adalah tepat dan wajar,                     While it is believed that the Group’s
        namun demikian, perbedaan signifikan pada                         assumptions are reasonable                and
        hasil aktual, atau perubahan signifikan dalam                     appropriate, significant differences in actual
        asumsi-asumsi tersebut dapat berdampak                            experience or significant changes in
        signifikan pada jumlah liabilitas imbalan kerja                   assumptions may materially affect the
        jangka panjang.                                                   amount of long-term employee benefits
                                                                          liability.

        Pada tanggal 31 Desember 2024 dan 2023,                           As of December 31, 2024 and 2023,
        liabilitas imbalan kerja jangka panjang                           long-term employee benefits liability
        masing-masing sebesar Rp 98.120.466.141 dan                       amounted to Rp 98,120,466,141 and
        Rp 98.093.199.513 (Catatan 44).                                   Rp 98,093,199,513, respectively (Note 44).

   f.   Aset Pajak Tangguhan                                       f.     Deferred Tax Assets

        Aset pajak tangguhan diakui untuk semua                           Deferred tax assets are recognized for all
        perbedaan temporer antara nilai tercatat aset                     temporary differences between the financial
        dan liabilitas pada laporan keuangan dengan                       statements’ carrying amounts of existing
        dasar pengenaan pajak jika kemungkinan besar                      assets and liabilities and their respective
        jumlah laba kena pajak akan memadai untuk                         taxes bases to the extent that it is probable
        pemanfaatan perbedaan temporer yang diakui.                       that taxable profit will be available against
        Estimasi manajemen yang signifikan diperlukan                     which the temporary differences can be
        untuk menentukan jumlah aset pajak tangguhan                      utilized. Significant management estimates
        yang diakui berdasarkan kemungkinan waktu                         are required to determine the amount of
        terealisasinya dan jumlah laba kena pajak pada                    deferred tax assets that can be recognized,
        masa mendatang serta strategi perencanaan                         based upon the likely timing and the level of
        pajak masa depan.                                                 future taxable profits together with
                                                                          future tax planning strategies.

        Pada tanggal 31 Desember 2024 dan 2023,                           As of December 31, 2024 and 2023,
        saldo aset pajak tangguhan konsolidasian                          the carrying amounts of consolidated
        disajikan dalam Catatan 42 atas laporan                           deferred tax assets are disclosed in
        keuangan konsolidasian.                                           Note 42 to the consolidated financial
                                                                          statements.




                                                          - 48 -
Page 350
PT INTILAND DEVELOPMENT Tbk                                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                For the Years Ended
31 Desember 2024 dan 2023                                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                 Otherwise Stated)


4.   Kas dan Setara Kas                                                    4.     Cash and Cash Equivalents

                                                          2024                   2023

     Kas                                                  757.659.000            709.246.400    Cash on hand
     Bank                                                                                       Cash in banks
        Rupiah                                                                                     Rupiah
           PT Bank CIMB Niaga Tbk                     301.914.888.585       306.903.511.705            PT Bank CIMB Niaga Tbk
           PT Bank Central Asia Tbk                   159.581.400.758       122.659.375.518            PT Bank Central Asia Tbk
           PT Bank Mandiri (Persero) Tbk               54.805.629.620        53.598.417.308            PT Bank Mandiri (Persero) Tbk
           PT Bank Negara Indonesia (Persero) Tbk      34.785.155.586        29.814.099.770            PT Bank Negara Indonesia (Persero) Tbk
           PT Bank Woori Saudara Indonesia 1906 Tbk    16.889.258.169         9.006.012.813            PT Bank Woori Saudara Indonesia 1906 Tbk
           PT Bank Maybank Indonesia Tbk               16.097.522.200        13.273.488.874            PT Bank Maybank Indonesia Tbk
           PT Bank UOB Indonesia                       11.386.996.510         4.713.250.128            PT Bank UOB Indonesia
            PT Bank Tabungan Negara (Persero) Tbk       9.543.977.632        10.394.724.205           PT Bank Tabungan Negara (Persero) Tbk
            PT Bank JTrust Indonesia Tbk                8.773.666.263        23.774.061.662           PT Bank JTrust Indonesia Tbk
            PT Bank Permata Tbk                         6.490.518.408         1.753.106.582           PT Bank Permata Tbk
            PT Bank Pan Indonesia Tbk                   6.320.074.982         4.578.156.870           PT Bank Pan Indonesia Tbk
            PT Bank Jasa Jakarta                        4.045.377.898           427.597.597           PT Bank Jasa Jakarta
            PT Bank IBK Indonesia Tbk                   3.159.604.486           260.465.730           PT Bank IBK Indonesia Tbk
            PT Bank Rakyat Indonesia (Persero) Tbk      2.898.853.620         3.814.139.677           PT Bank Rakyat Indonesia (Persero) Tbk
            PT Bank Sinarmas Tbk                        2.120.151.594            14.269.658           PT Bank Sinarmas Tbk
            PT Bank China Construction Bank                                                           PT Bank China Construction Bank
                Indonesia Tbk                           1.799.107.147             451.770.190             Indonesia Tbk
            PT Bank OCBC NISP Tbk                       1.706.948.600           1.150.056.786         PT Bank OCBC NISP Tbk
            PT Bank Victoria International Tbk          1.694.666.564           2.051.755.426         PT Bank Victoria International Tbk
            PT Bank Syariah Indonesia Tbk               1.510.512.822                       -         PT Bank Syariah Indonesia Tbk
            Bank of China                                 811.475.958           1.059.511.432         Bank of China
            PT Bank DKI                                   257.285.972           3.288.289.986         PT Bank DKI
            Lain-lain (di bawah Rp 500.000.000)         1.346.234.397           1.343.580.053         Others (each below Rp 500,000,000)
        Dolar Amerika Serikat (Catatan 49)                                                         U.S. Dollar (Note 49)
            PT Bank Central Asia Tbk                    2.165.470.419           8.235.615.417         PT Bank Central Asia Tbk
            PT Bank CTBC Indonesia                      1.229.822.823           1.139.555.653         PT Bank CTBC Indonesia
     Deposito berjangka                                                                         Time deposits
        Rupiah                                                                                     Rupiah
            PT Bank UOB Indonesia                      52.736.202.161        99.642.677.593           PT Bank UOB Indonesia
            PT Bank CIMB Niaga Tbk                     21.442.840.694        20.981.746.071           PT Bank CIMB Niaga Tbk
            PT Bank Shinhan Indonesia                   7.543.771.302        63.023.399.676           PT Bank Shinhan Indonesia
            PT Bank Mega Tbk                            5.362.909.566         5.142.119.656           PT Bank Mega Tbk
            PT Bank JTrust Indonesia Tbk                3.366.020.566         3.188.111.950           PT Bank JTrust Indonesia Tbk
            PT Bank Negara Indonesia (Persero) Tbk      2.818.004.430       142.404.688.567           PT Bank Negara Indonesia (Persero) Tbk
            PT Bank Rakyat Indonesia (Persero) Tbk      2.549.996.800         2.549.996.800           PT Bank Rakyat Indonesia (Persero) Tbk
            PT Bank Jasa Jakarta                        2.500.000.000         1.261.342.466           PT Bank Jasa Jakarta
            PT Bank Mandiri (Persero) Tbk               1.100.000.000         2.100.000.000           PT Bank Mandiri (Persero) Tbk
            PT Bank Central Asia Tbk                                -         3.829.462.814           PT Bank Central Asia Tbk
            PT Bank Sinarmas Tbk                                    -         3.000.000.000           PT Bank Sinarmas Tbk
            PT Bank IBK Indonesia Tbk                               -         2.000.000.000           PT Bank IBK Indonesia Tbk
        Dolar Amerika Serikat (Catatan 49)                                                         U.S. Dollar (Note 49)
            PT Bank CTBC Indonesia                        808.100.000            770.800.000          PT Bank CTBC Indonesia

     Jumlah                                           752.320.105.532       954.308.405.033     Total
     Suku bunga deposito berjangka per tahun                                                    Interest rates per annum on time deposits
        Rupiah                                        1,90% - 6,25%        2,00% - 5,50%            Rupiah
        Dolar Amerika Serikat                         2,00% - 3,00%            3,25%                U.S. Dollar




                                                                  - 49 -
Page 351
PT INTILAND DEVELOPMENT Tbk                                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                               For the Years Ended
31 Desember 2024 dan 2023                                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                Otherwise Stated)


5.   Investasi Aset Keuangan pada Nilai Wajar                                5.   Investments in Financial Assets at Fair Value
     Melalui Laba Rugi                                                            Through Profit or Loss

     Akun ini merupakan penyertaan RMF, entitas anak,                             These represent investment of RMF, a subsidiary,
     pada reksadana Bahana Liquid USD.                                            in Bahana Liquid USD mutual funds.

     Pada Januari dan September 2023, RMF                                         In January and September 2023, RMF sold
     melakukan penjualan 4.433.243 unit penyertaan                                4,433,243 units of investments in mutual fund and
     pada reksadana tersebut dan mencatat keuntungan                              recognized realized gain on sale amounting to
     direalisasi dari penjualan unit penyertaan sebesar                           Rp 34,424,969, which is recorded as “Others –
     Rp 34.424.969, yang dicatat pada akun “Lain-lain –                           net” in profit or loss.
     bersih” pada laba rugi.

     Pada tahun 2023, RMF mencatat keuntungan dari                                In 2023, RMF recognized gain on change in fair
     perubahan     nilai   wajar   investasi     sebesar                          value     of     investments         amounting  to
     Rp 709.637.250 yang dicatat pada akun                                        Rp 709,637,250, which is recorded as “Gain on
     “Keuntungan dari perubahan nilai wajar investasi                             change in fair value of investments at fair value
     yang diukur pada nilai wajar melalui laba rugi” pada                         through profit and loss” in profit or loss.
     laba rugi.


6.   Investasi Aset Keuangan pada Nilai Wajar                                6.    Investments in Financial Assets at Fair Value
     Melalui Penghasilan Komprehensif Lain                                         Through Other Comprehensive Income

                                                            2024                    2023

     Jangka panjang                                                                                Long-term
        Saham yang tidak memiliki kuotasi harga
           di pasar yang aktif:                                                                      Shares not quoted in active market:
           Pada harga perolehan:                                                                       At cost:
               PT Menara Prambanan                        75.000.000.000                       -           PT Menara Prambanan
               PT Putra Alvita Pratama                    16.855.442.000          16.855.442.000           PT Putra Alvita Pratama
               PT Pembangunan Kota Tua                    10.000.000.000          10.000.000.000           PT Pembangunan Kota Tua
               PT Intiland Infinita                          405.817.139                       -           PT Intiland Infinita
               PT Spinindo Mitradaya                         160.000.000             160.000.000           PT Spinindo Mitradaya
               PT Abadinugraha Ciptajaya                         100.000                 100.000           PT Abadinugraha Ciptajaya
               PT Alamdharma Jatimsentosa                        100.000                 100.000           PT Alamdharma Jatimsentosa
               PT Dharmo Grande                                  100.000                 100.000           PT Dharmo Grande
               PT Estrella Sebelas Indonesia                       1.500                     500           PT Estrella Sebelas Indonesia
               PT Intiwhiz International                             500                     500           PT Intiwhiz International
               PT Intiland Estrella                                  500                     500           PT Intiland Estrella
               PT Estrella Dua Indonesia                             500                     500           PT Estrella Dua Indonesia
               PT Estrella Tiga Indonesia                            500                     500           PT Estrella Tiga Indonesia
               PT Estrella Lima Indonesia                            500                     500           PT Estrella Lima Indonesia
               PT Estrella Tujuh Indonesia                           500                     500           PT Estrella Tujuh Indonesia
               PT Estrella Delapan Indonesia                         500                     500           PT Estrella Delapan Indonesia
               PT Estrella Sembilan Indonesia                        500                     500           PT Estrella Sembilan Indonesia
               PT Estrella Duabelas Indonesia                        500                     500           PT Estrella Duabelas Indonesia
               PT Estrella Limabelas Indonesia                       500                     500           PT Estrella Limabelas Indonesia
               PT Estrella Enambelas Indonesia                       500                     500           PT Estrella Enambelas Indonesia
               PT Estrella Tujuhbelas Indonesia                      500                     500           PT Estrella Tujuhbelas Indonesia
               PT Estrella Sembilanbelas Indonesia                   500                     500           PT Estrella Sembilanbelas Indonesia
               PT Estrella Duapuluh Indonesia                        500                     500           PT Estrella Duapuluh Indonesia
               PT Estrella Duapuluh Satu Indonesia                   500                     500           PT Estrella Duapuluh Satu Indonesia
               PT Estrella Duapuluh Tiga Indonesia                   500                     500           PT Estrella Duapuluh Tiga Indonesia
               PT Estrella Duapuluh Lima Indonesia                   500                     500           PT Estrella Duapuluh Lima Indonesia
               PT Estrella Duapuluh Enam Indonesia                   500                     500           PT Estrella Duapuluh Enam Indonesia
               PT Estrella Duapuluh Tujuh Indonesia                  500                     500           PT Estrella Duapuluh Tujuh Indonesia
               PT Estrella Duapuluh Delapan Indonesia                500                     500           PT Estrella Duapuluh Delapan Indonesia
               PT Estrella Duapuluh Sembilan Indonesia               500                     500           PT Estrella Duapuluh Sembilan Indonesia
               PT Estrella Duapuluh Dua Indonesia                      -                     500           PT Estrella Duapuluh Dua Indonesia
        Jumlah                                           102.421.571.139          27.015.753.500     Total




                                                                    - 50 -
Page 352
PT INTILAND DEVELOPMENT Tbk                                                   PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2024 dan 2023                                                          December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                           (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                             Otherwise Stated)


    Pada tanggal 31 Desember 2024 dan 2023,                      As of December 31, 2024 and 2023, the above
    investasi aset keuangan di atas diukur pada biaya            investment financial assets are measured at cost,
    perolehan, berdasarkan pertimbangan manajemen                based on management’s judgment as disclosed in
    yang diungkapkan pada Catatan 3.d Aset                       Note 3.d, Financial Assets Not Quoted in Active
    Keuangan yang Tidak Memiliki Kuotasi Harga di                Market.
    Pasar Aktif.

    Pada tahun 2024 dan 2023, PT Putra Alvita                    In 2024 and 2023, PT Putra Alvita Pratama agreed
    Pratama membagikan dividen tunai kepada                      to distribute cash dividends to stockholders. The
    pemegang saham. Bagian entitas anak atas                     share of the subsidiary on this cash dividend
    pembagian dividen tunai adalah masing-masing                 amounted       to   Rp     21,407,324,640     and
    sebesar       Rp     21.407.324.640     dan                  Rp 13,461,661,200, respectively.
    Rp 13.461.661.200.

    Pada tahun 2024 dan 2023, PT Spinindo Mitradaya              In 2024 and 2023, PT Spinindo Mitradaya agreed
    membagikan dividen tunai kepada pemegang                     to distribute cash dividends. The share of the
    saham. Bagian Perusahaan atas pembagian                      Company on this cash dividend amounted to
    dividen tunai adalah masing-masing sebesar                   Rp     100,000,000    and    Rp    176,000,000,
    Rp 100.000.000 dan Rp 176.000.000.                           respectively.

    Berdasarkan Akta No. 4 tanggal 16 Mei 2024 dari              Based on Deed No. 4 dated May 16, 2024 from
    Melanie Sidharta, S.H., M.Kn., notaris publik di             Melanie Sidharta, S.H., M.Kn., a public notary in
    Jakarta,   PT    Intiland Infinita  memperoleh               Jakarta, PT Intiland Infinita obtained the approval
    persetujuan Keputusan Pemegang Saham untuk                   from stockholders for the increase in issued and
    meningkatkan modal ditempatkan dan disetor                   paid-up capital through issuance of 2,970,000,000
    dengan mengeluarkan 2.970.000.000 lembar                     shares which the whole thing were issued to
    saham yang seluruhnya diambil oleh PT Permata                PT Permata Tunggal Jaya, a third party.
    Tunggal Jaya, pihak ketiga. Dengan demikian,                 Accordingly, the ownership interest of the
    kepemilikan Perusahaan pada PT Intiland Infinita             Company in PT Intiland Infinita decreased from
    menurun dari 30,00% menjadi 10,07%.                          30.00% to 10.07%.

    Berdasarkan Akta No. 8 tanggal 9 Desember 2024               Based on Deed No. 8 dated December 9, 2024
    dari Dr. Suvinah, S.H., M.Kn., notaris publik di             from Dr. Suvinah, S.H., M.Kn., a public notary in
    Depok, PT Menara Prambanan, pihak ketiga,                    Depok, PT Menara Prambanan, third party,
    memperoleh persetujuan dari pemegang saham                   obtained the approval from stockholders for the
    untuk meningkatkan modal dasar dan modal                     increase in issued and paid-up capital through
    ditempatkan dan disetor dengan menerbitkan                   issuance    of   22,222   shares     issued     to
    22.222 lembar saham yang diambil bagian                      PT Intisarana Ekaraya, a subsidiary, with selling
    seluruhnya oleh PT Intisarana Ekaraya, entitas               price of Rp 75 billion or equivalent to 10%
    anak, dengan harga jual sebesar Rp 75 milyar atau            ownership interest.
    setara dengan kepemilikan sebesar 10%.

    Kepemilikan    pada    masing-masing    investasi            The ownership interest in each of the above
    saham di atas berada dibawah 20%.                            investments in shares is below 20%.




                                                        - 51 -
Page 353
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


7.   Piutang Usaha                                               7.   Trade Accounts Receivable
                                                 2024                    2023

     a. Berdasarkan Segmen Usaha                                                         a. By Business Segments
       Pihak berelasi                                                                      Related party
          Penjualan perumahan                  44.036.322.716          85.606.459.354         Sales houses and land
          Cadangan kerugian penurunan nilai    (2.201.816.136)         (4.280.322.967)        Allowance for impairment
          Jumlah - bersih                      41.834.506.580          81.326.136.387         Total - net

       Pihak ketiga                                                                        Third parties
          Penjualan                                                                            Sales
              Perumahan                        39.667.584.936          23.318.380.638             Houses and land
              High rise                        19.528.069.368          23.742.441.579             High rise
              Kawasan industri                 25.614.000.000           4.109.497.211             Industrial estate

          Jumlah                               84.809.654.304          51.170.319.428         Subtotal

          Pendapatan usaha                                                                    Operating revenues
             Fasilitas                        30.973.939.209          43.950.752.364             Facilities
             Perkantoran                      15.078.299.276          30.528.129.690             Offices
             Kawasan industri                  1.337.250.048           1.158.177.757             Industrial estate
             Hotel                               869.884.826           1.611.278.825             Hotels
             Lain-lain                           239.080.000             972.660.000             Others

          Jumlah                              48.498.453.359          78.220.998.636               Subtotal

          Jumlah - pihak ketiga               133.308.107.663         129.391.318.064         Total - third parties
          Cadangan kerugian penurunan nilai    (3.465.204.182)         (3.066.230.284)        Allowance for impairment
          Jumlah - bersih                     129.842.903.481         126.325.087.780         Total - net

       Jumlah                                 171.677.410.061         207.651.224.167      Total


       Piutang usaha - disajikan dalam                                                     Trade receivables - presented in the
           laporan posisi keuangan                                                            consolidated statements of
           konsolidasian sebagai berikut:                                                     financial position under:
           Aset lancar                        167.469.837.602         189.602.458.024         Current assets
           Aset tidak lancar                    4.207.572.459          18.048.766.143         Noncurrent assets

       Jumlah                                 171.677.410.061         207.651.224.167      Total



     b. Berdasarkan umur                                                                 b. By Age
       Belum jatuh tempo                      102.348.271.428         156.895.682.333      Not past due
       Jatuh tempo:                                                                        Past due
            1 - 30 hari                        14.346.812.362          22.732.694.006          1 - 30 days
           31 - 60 hari                        27.844.356.354           6.088.257.579         31 - 60 days
           61 - 90 hari                         2.472.111.129           1.566.761.568         61 - 90 days
           91 - 120 hari                        4.097.704.917           6.088.992.536         91 - 120 days
           > 120 hari                          26.235.174.189          21.625.389.396         More than 120 days
       Jumlah                                 177.344.430.379         214.997.777.418      Total
       Cadangan kerugian penurunan nilai       (5.667.020.318)         (7.346.553.251)     Allowance for impairment

       Jumlah - Bersih                        171.677.410.061         207.651.224.167      Total - Net




                                                        - 52 -
Page 354
PT INTILAND DEVELOPMENT Tbk                                                            PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2024 dan 2023                                                                   December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                    (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                      Otherwise Stated)


     Perubahan dalam cadangan kerugian penurunan                        The changes in allowance for impairment follows:
     nilai adalah sebagai berikut:

                                                2024                      2023

     Saldo awal                                7.346.553.251            6.282.215.817     Beginning balance
     Penambahan                                1.221.830.668            2.639.821.048     Additions
     Pemulihan                                (2.901.363.601)           (1.575.483.614)   Reversal

     Saldo akhir                               5.667.020.318            7.346.553.251     Ending balances

     Grup        menerapkan        pendekatan      yang                 The Group applies the simplified approach to
     disederhanakan untuk menghitung cadangan                           provide for expected credit losses prescribed by
     kerugian kredit ekspektasian yang disyaratkan oleh                 PSAK No. 109, which permits the use of lifetime
     PSAK No. 109, yang memperbolehkan penerapan                        expected loss provison for all trade accounts
     cadangan       kerugian   ekspektasian   sepanjang                 receivables with no significant financing
     umurnya untuk seluruh piutang usaha tanpa                          component. To measure the expected credit
     komponen pendanaan signifikan. Untuk mengukur                      losses, trade receivables have been grouped
     cadangan kerugian ekspektasian tersebut, piutang                   based on shared credit risk characteristics and the
     usaha dikelompokkan berdasarkan karakteristik                      days past due.
     risiko kredit yang sejenis dan pola tunggakan atau
     gagal bayar.

     Berdasarkan      evaluasi  manajemen    terhadap                   Based on management’s evaluation of the
     kolektibilitas saldo masing-masing piutang pada                    collectibility of the individual receivable account as
     tanggal 31 Desember 2024 dan 2023, manajemen                       of December 31, 2024 and 2023, they believe that
     berpendapat bahwa cadangan kerugian penurunan                      the allowance for impairment is adequate to cover
     nilai memadai untuk menutup kemungkinan                            possible losses from uncollectible accounts.
     kerugian dari tidak tertagihnya piutang usaha
     tersebut.

     Manajemen berpendapat bahwa tidak terdapat risiko                  Management also believes that there is no
     yang terkonsentrasi secara signifikan atas piutang                 significant concentration of credit risks in trade
     dari pihak ketiga.                                                 accounts receivable from third parties.


8.   Piutang Lain-Lain                                             8.   Other Accounts Receivable

                                                 2024                     2023

     Pihak ketiga:                                                                        Third parties:
        PT Starlight Nusa Property             3.408.336.470                        -         PT Starlight Nusa Property
        Karyawan                               1.140.604.537            1.203.288.237         Employees
        Lain-lain                              5.269.743.801            3.131.611.492         Others
     Jumlah                                    9.818.684.808            4.334.899.729     Total
     Cadangan kerugian penurunan nilai          (558.250.000)            (558.250.000)    Allowance for impairment

     Jumlah                                    9.260.434.808            3.776.649.729     Total




     Manajemen berpendapat bahwa cadangan kerugian                      Management believes that the allowance for
     penurunan nilai pada tanggal 31 Desember 2024                      impairment as of December 31, 2024 and 2023 is
     dan 2023 memadai untuk menutup kemungkinan                         adequate to cover possible losses from
     kerugian dari tidak tertagihnya piutang.                           uncollectible accounts.

     Tidak terdapat piutang lain-lain yang dijadikan                    There are no other accounts receivable that are
     jaminan atas liabilitas Grup.                                      used as collateral for obligations of the Group.




                                                          - 53 -
Page 355
PT INTILAND DEVELOPMENT Tbk                                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                For the Years Ended
31 Desember 2024 dan 2023                                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                 Otherwise Stated)


9.   Persediaan                                                               9.    Inventories

                                                              2024                      2023

      Tanah yang sedang dikembangkan                                                                    Land under development
         Jakarta                                         1.828.177.100.412         2.017.125.288.341        Jakarta
         Surabaya                                        1.259.701.461.658         1.377.722.979.091        Surabaya
      Bangunan dalam konstruksi                                                                         Buildings under construction
         Jakarta                                          627.775.743.017           639.934.503.637         Jakarta
         Surabaya                                          20.231.996.545            22.812.141.984         Surabaya
      Bangunan yang siap dijual                                                                         Ready-for-sale buildings
         Jakarta                                          762.306.990.923          1.019.843.254.439        Jakarta
         Surabaya                                         707.462.486.377            811.735.554.522        Surabaya

      Sub-jumlah                                         5.205.655.778.932         5.889.173.722.014    Sub-total

      Persediaan - hotel                                    1.820.431.340             2.252.081.620     Hotel supplies
      Persediaan - olahraga                                 1.210.101.341             1.215.255.287     Sport supplies
      Persediaan - tempat rekreasi dan restoran                19.285.922                47.392.474     Recreation and restaurant supplies
      Persediaan - lain-lain                                1.345.311.296             2.080.123.031     Others supplies

      Sub-jumlah                                            4.395.129.899             5.594.852.412     Sub-total
      Jumlah                                             5.210.050.908.831         5.894.768.574.426    Total


                                                                                                        Presented in the consolidated
      Disajikan dalam laporan posisi                                                                       statements of financial
         keuangan konsolidasian sebagai:                                                                   position under:
         Aset lancar                                     2.455.485.776.171         3.050.818.400.146       Current assets
         Aset tidak lancar                               2.754.565.132.660         2.843.950.174.280       Noncurrent assets

      Jumlah                                             5.210.050.908.831         5.894.768.574.426    Total


     Mutasi   persediaan    tanah                 yang     sedang                   Movements in land under development follows:
     dikembangkan sebagai berikut:

                                                              2024                      2023

      Saldo awal                                         3.394.848.267.432         3.072.888.915.580    Beginning balance
      Penambahan                                           304.561.742.101           288.077.577.696    Additions
      Pengurangan                                         (614.718.490.527)         (299.817.243.872)   Deductions
      Reklasifikasi                                          3.187.043.064           333.699.018.028    Reclassification

      Saldo akhir                                        3.087.878.562.070         3.394.848.267.432    Ending balance


     Termasuk dalam tanah yang sedang dikembangkan                                  Land under development as of December 31,
     pada tanggal 31 Desember 2024 dan 2023 adalah                                  2024 and 2023 includes land with carrying
     reklasifikasi dari tanah yang belum dikembangkan                               amount      of    Rp    3,187,043,064   and
     masing-masing sebesar Rp 3.187.043.064 dan                                     Rp 333,699,018,028, respectively which were
     Rp 333.699.018.028 (Catatan 14).                                               reclassified from the land for development
                                                                                    (Note 14).

     Pengurangan tanah yang sedang dikembangkan di                                  Deductions from land under development in 2024
     tahun 2024 sebesar Rp 2.416.186.663 termasuk                                   amounting to Rp 2,416,186,663, represents land
     tanah PT Dinamika Kencana Mandiri, entitas anak                                owned by PT Dinamika Kencana Mandiri, a
     yang dilepas kepada pihak ketiga di tahun 2024.                                subsidiary which has been sold to third party in
                                                                                    2024.

     Tanah yang sedang dikembangkan dijadikan                                       Land under development are used as collateral
     jaminan atas pinjaman bank jangka pendek dan                                   for certain short-term and long-term bank loans of
     jangka panjang tertentu Grup (Catatan 21).                                     the Group (Note 21).


                                                                     - 54 -
Page 356
PT INTILAND DEVELOPMENT Tbk                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                 Otherwise Stated)


   Mutasi bangunan dalam konstruksi adalah sebagai                  Movement in buildings under construction is as
   berikut:                                                         follows:

                                                 2024                  2023

    Saldo awal                                662.746.645.621       935.449.246.338     Beginning balance
    Penambahan                                196.910.673.271       539.295.630.432     Additions
    Pengurangan                              (210.334.413.284)     (246.523.194.100)    Deductions
    Reklasifikasi                              (1.315.166.046)     (565.475.037.049)    Reclassifications

    Saldo akhir                              648.007.739.562        662.746.645.621     Ending balance



   Pengurangan bangunan dalam konstruksi di tahun                   Deductions from building under construction in
   2024 sebesar Rp 1.874.438.170 termasuk                           2024 amounting to Rp 1,874,438,170, represents
   bangunan PT Dinamika Kencana Mandiri, entitas                    building owned by PT Dinamika Kencana Mandiri,
   anak yang dilepas kepada pihak ketiga di tahun                   a subsidiary which has been sold to third party in
   2024.                                                            2024.

   Pada tahun 2024 dan 2023, bangunan dalam                         In 2024 and 2023, buildings under construction
   konstruksi     dengan    nilai  tercatat sebesar                 with carrying amount of Rp 1,315,166,046 and
   Rp 1.315.166.046 dan Rp 565.475.037.049                          Rp     565,475,037,049,       respectively, were
   direklasifikasi ke persediaan bangunan yang siap                 reclassified to ready-for-sale buildings.
   dijual.

   Bangunan dalam konstruksi merupakan proyek                       Buildings under construction represent projects in
   Quantum Extension, Virya Semanan, South Grove,                   Quantum Extension, Virya Semanan, South
   Serenia Hills, Aeropolis, 1Park Homes, Regatta, SQ               Grove, Serenia Hills, Aeropolis, 1Park Homes,
   Res - Jakarta, Talaga Bestari, Magnolia Residence -              Regatta, SQ Res - Jakarta, Talaga Bestari,
   Tangerang, dan Plasa Segi Delapan, Graha Natura -                Magnolia Residence - Tangerang, and Plasa Segi
   Surabaya.                                                        Delapan, Graha Natura - Surabaya.

   Persentase akumulasi nilai tercatat bangunan dalam               Percentages of accumulated costs of buildings
   konstruksi terhadap nilai kontrak masing-masing                  under construction to the total contract value
   berkisar antara 2% - 99% dan 1% - 99% pada                       range from 2% - 99% and 1% - 99% as of
   tanggal 31 Desember 2024 dan 2023.                               December 31, 2024 and 2023, respectively.

   Estimasi penyelesaian unit bangunan dalam                        Building units under construction as of
   konstruksi pada tanggal 31 Desember 2024 adalah                  December 31, 2024 are expected to be
   pada tahun 2025 - 2026. Manajemen berpendapat                    completed in 2025 - 2026. Management believes
   bahwa tidak terdapat hambatan dalam kelanjutan                   that there will be no difficulties in completing the
   penyelesaian proyek-proyek tersebut.                             projects on expected dates of completion.

   Mutasi persediaan bangunan yang siap dijual adalah               Movements in ready-for-sale buildings are as
   sebagai berikut:                                                 follows:

                                                 2024                  2023

    Saldo awal                              1.831.578.808.961      2.745.371.462.298    Beginning balance
    Penambahan                                  4.168.534.245         13.384.728.927    Additions
    Pengurangan                              (312.375.810.848)    (1.149.445.663.391)   Deductions
    Reklasifikasi                             (53.602.055.058)       222.268.281.127    Reclassification

    Saldo akhir                             1.469.769.477.300     1.831.578.808.961     Ending balance




                                                         - 55 -
Page 357
PT INTILAND DEVELOPMENT Tbk                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                 Otherwise Stated)


   Pada tahun 2024, bangunan dan apartemen siap                       In 2024, ready-for-sale buildings and apartments
   dijual      dengan      nilai      tercatat     sebesar            amounting to Rp 1,315,166,046 were reclassified
   Rp 1.315.166.046 direklasifikasi dari bangunan                     from buildings under construction. Ready-for-sale
   dalam konstruksi. Sedangkan bangunan siap dijual                   buildings amounting to Rp 54,917,221,104 was
   dengan nilai tercatat sebesar Rp 54.917.221.104                    reclassified to investment properties (Note 17).
   direklasifikasi ke properti investasi (Catatan 17).

   Pada tahun 2023, bangunan dan apartemen siap                       In 2023, ready-for-sale buildings and apartments
   dijual     dengan      nilai    tercatat     sebesar               amounting to Rp 565,475,037,049 were
   Rp 565.475.037.049 direklasifikasi dari bangunan                   reclassified from buildings under construction.
   dalam konstruksi. Sedangkan bangunan dan                           Ready-for-sale    buildings    and    apartments
   apartemen siap dijual dengan nilai tercatat masing-                amounting      to  Rp     167,760,110,724   and
   masing     sebesar     Rp    167.760.110.724     dan               Rp 175,446,645,198 were reclassified to
   Rp 175.446.645.198 direklasifikasi ke properti                     investment properties and property and
   investasi dan aset tetap (Catatan 17 dan 18).                      equipment, respectively (Notes 17 and 18).

   Jumlah persediaan yang pengikatan jual belinya                     Inventories that already have effective sales and
   telah berlaku namun penjualannya belum diakui                      purchase agreements but have not been
   untuk tahun-tahun yang berakhir 31 Desember 2024                   recognized as sales for the years ended
   dan    2023    masing-masing     adalah  sebesar                   December 31, 2024 and 2023 amounted to
   Rp      525.878.990.108     atau     10%     dan                   Rp      525,878,990,108      or      10%      and
   Rp 807.587.470.346 atau 14% dari jumlah nilai                      Rp 807,587,470,346 or 14% of the total
   persediaan.                                                        inventories, respectively.

   Beban bunga yang dikapitalisasi ke tanah yang                      Interest expense capitalized to land under
   sedang dikembangkan masing-masing sebesar                          development amounted to Rp 54,360,811,162
   Rp 54.360.811.162 dan Rp 102.725.841.045                           and Rp 102,725,841,045 in 2024 and 2023,
   pada tahun 2024 dan 2023.                                          respectively.

   Pada tanggal 31 Desember 2024 dan 2023, seluruh                    As of December 31, 2024 and 2023, all
   persediaan yang dimiliki adalah atas nama Grup.                    inventories are under the name of the Group.

   Pada tanggal 31 Desember 2024 dan 2023,                            As of December 31, 2024 and 2023, portion of
   sebagian persediaan Grup masing-masing sebesar                     inventories owned by Group amounting to
   Rp 1.651.012.058.190 dan Rp 2.765.412.091.448                      Rp              1,651,012,058,190               and
   telah diasuransikan kepada PT Asuransi Central                     Rp 2,765,412,091,448, respectively, are insured
   Asia, PT Chubb General Insurance Indonesia,                        with PT Asuransi Central Asia, PT Chubb General
   PT IBS Insurance Broking Service, PT Asuransi Bina                 Insurance Indonesia, PT IBS Insurance Broking
   Dana Artha Tbk, dan PT Asuransi Sompo Japan                        Service, PT Asuransi Bina Dana Artha Tbk, and
   Nipponkoa Indonesia, pihak-pihak ketiga, terhadap                  PT Asuransi Sompo Japan Nipponkoa Indonesia,
   risiko kebakaran dan risiko lainnya dengan jumlah                  third parties, against fire and other possible risks
   pertanggungan        masing-masing        sebesar                  for        Rp        7,505,728,547,612          and
   Rp 7.505.728.547.612 dan Rp 10.507.033.382.486.                    Rp         10,507,033,382,486,         respectively.
   Manajemen        berpendapat       bahwa      nilai                Management believes that the insurance
   pertanggungan tersebut adalah cukup untuk                          coverage is adequate to cover possible losses on
   menutup kemungkinan kerugian aset yang                             the assets insured.
   dipertanggungkan.

   Grup melakukan peninjauan berkala atas jumlah                      The Group regularly reviews the carrying value of
   tercatat persediaan, untuk memastikan bahwa                        the real estate inventories to ensure that the
   jumlah tercatatnya tidak melebihi nilai realisasi                  recorded values do not exceed the net realizable
   bersih. Pada tanggal 31 Desember 2024 dan 2023,                    values. As of December 31, 2024 and 2023
   manajemen berkeyakinan bahwa nilai realisasi                       management believes that the net realizable
   bersih persediaan melebihi biaya perolehannya,                     value of inventories exceeds its costs, therefore,
   sehingga tidak terdapat cadangan penurunan nilai                   no allowance for decline in value of inventories
   persediaan yang diakui.                                            were recognized.




                                                             - 56 -
Page 358
PT INTILAND DEVELOPMENT Tbk                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                 Otherwise Stated)


10. Uang Muka                                                    10. Advances

                                                2024                    2023

    Proyek reklamasi (Catatan 46.b)          548.533.606.930         548.533.606.930    Reclamation project (Note 46.b)
    Cadangan kerugian penurunan nilai       (286.048.586.561)       (286.048.586.561)   Allowance for impairment
    Proyek reklamasi - Bersih                262.485.020.369         262.485.020.369    Reclamation project - Net
    Pembelian tanah                           33.530.017.430          10.163.767.430    Purchases of land
    Investasi saham                            6.190.000.000          28.000.000.000    Stock investment
    Lain-lain                                 31.768.396.800          31.770.866.141    Others

    Jumlah                                   333.973.434.599         332.419.653.940    Total


    Disajikan dalam laporan posisi                                                      Presented in the consolidated statements
       keuangan konsolidasian sebagai:                                                     of financial position under:
       Aset lancar                            64.708.396.800          60.129.145.186       Current assets
       Aset tidak lancar                     269.265.037.799         272.290.508.754       Noncurrent assets

    Jumlah                                   333.973.434.599         332.419.653.940    Total


   Uang muka proyek reklamasi merupakan uang                        Advance for reclamation project represents
   muka terkait dengan izin pelaksanaan reklamasi                   advance related to the permit for the reclamation
   Pulau H dari Pemerintah kepada PT Taman                          of Pulau H from the Government to PT Taman
   Harapan Indah, entitas anak (Catatan 46.b).                      Harapan Indah, a subsidiary (Note 46.b).

   Pada tanggal 31 Desember 2024 dan 2023, uang                     As of December 31, 2024 and 2023, advances for
   muka pembelian tanah merupakan uang muka                         purchase of land represent advanced payments
   pembayaran kepada pihak ketiga atas pembelian                    made to third parties for the acquisition of land in
   tanah di daerah Gandaria, Maja, Tangerang,                       Gandaria, Maja, Tangerang, Batang, Serenia
   Batang, Serenia Hills, dan Talaga Bestari.                       Hills, and Talaga Bestari. The land titles of these
   Kepemilikan atas tanah-tanah tersebut adalah                     land are in the form of girik or SHM and are still
   berupa girik ataupun SHM atas nama pihak ketiga.                 under the third parties’ names.

   Pada tanggal 31 Desember 2024, uang muka                         As of December 31, 2024, advances for stock
   investasi saham merupakan uang muka untuk                        investments represent advanced payments for
   investasi saham di PT Inti Mitbana Development dan               stock investments in PT Inti Mitbana Development
   PT Mahkota Kemayoran Realty (Catatan 45).                        and PT Mahkota Kemayoran Realty (Note 45).

   Pada tanggal 31 Desember 2023, uang muka                         As of December 31, 2023, advances for stock
   investasi saham merupakan uang muka untuk                        investments represent advanced payments for
   investasi saham di PT Inti Menara Jaya yang di                   stock investments in PT Inti Menara Jaya
   tahun 2024 telah dikembalikan ke Grup                            which has been returned to the Group in 2024
   (Catatan 45).                                                    (Note 45).


11. Pajak Dibayar Dimuka                                         11. Prepaid Taxes

                                                 2024                    2023



    Pajak penghasilan Pasal 21                    976.636.887              85.837.366    Income tax Article 21
    Pajak penghasilan final                    31.382.737.534          45.182.141.873    Final income tax
    Pajak pertambahan nilai                    86.213.530.375          86.149.371.108    Value added tax

    Jumlah                                   118.572.904.796         131.417.350.347     Total




                                                        - 57 -
Page 359
PT INTILAND DEVELOPMENT Tbk                                                                  PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
31 Desember 2024 dan 2023                                                                         December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                          (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                            Otherwise Stated)


12. Biaya Dibayar Dimuka                                                    12. Prepaid Expenses

                                                            2024                    2023

    Beban untuk memperoleh kontrak
        dengan pelanggan                                  11.698.789.804         18.544.310.831       Cost to obtain contract with customers
    Asuransi                                               1.680.706.656          2.413.108.669       Insurance
    Sewa                                                               -              2.103.035       Rental
    Lain-lain                                                 33.721.116             50.561.164       Others

    Jumlah                                                13.413.217.576         21.010.083.699       Total


    Disajikan dalam laporan posisi                                                                    Presented in the consolidated statements
       keuangan konsolidasian sebagai:                                                                   of financial position under:
       Aset lancar                                        11.970.112.613         18.601.677.973          Current assets
       Aset tidak lancar                                   1.443.104.963           2.408.405.726         Noncurrent assets

    Jumlah                                                13.413.217.576         21.010.083.699       Total


   Beban untuk memperoleh kontrak dengan                                        Cost to obtain contracts with customers
   pelanggan merupakan biaya komisi penjualan.                                  represents sales commission. Such costs are
   Beban tersebut diakui pada laba rugi pada saat                               recognized in profit or loss upon transfer of the
   penyerahan unit real estat kepada pelanggan.                                 real estate unit to the customer.


   Biaya dibayar dimuka lainnya akan diamortisasi                               Other prepaid expenses are amortized over the
   sesuai dengan periode kontrak dengan masa                                    period of its related contract with term between
   manfaat rata-rata selama 2025 sampai dengan                                  from 2025 to 2026.
   2026.


13. Aset Keuangan Lainnya                                                   13. Other Financial Assets

                                                           2024                  2023

   Aset keuangan lancar lainnya:                                                              Other current financial assets:
      Bank yang dibatasi penggunaannya - pihak ketiga                                            Restricted cash in banks - third parties
          Rupiah                                                                                     Rupiah
             PT Bank Central Asia Tbk                   113.971.208.666       127.331.085.351            PT Bank Central Asia Tbk
             PT Bank Pan Indonesia Tbk                   17.785.818.516        17.968.270.617            PT Bank Pan Indonesia Tbk
             PT Bank Negara Indonesia (Persero) Tbk      15.844.676.156        17.012.855.307            PT Bank Negara Indonesia (Persero) Tbk
             PT Bank Rakyat Indonesia (Persero) Tbk       6.433.625.019         6.585.666.239            PT Bank Rakyat Indonesia (Persero) Tbk
             PT Bank Tabungan Negara (Persero) Tbk        4.797.428.185         4.358.134.655            PT Bank Tabungan Negara (Persero) Tbk
             PT Bank BNI Syariah                          2.950.318.840         2.950.318.840            PT Bank BNI Syariah
             PT Bank UOB Indonesia                        1.037.411.740           762.168.500            PT Bank UOB Indonesia
             PT Bank Pembangunan Daerah                                                                  PT Bank Pembangunan Daerah
                 Jawa Barat dan Banten Tbk                 577.887.038            578.187.038                 Jawa Barat dan Banten Tbk
             PT Bank China Construction                                                                  PT Bank China Construction
                 Bank Indonesia Tbk                        214.410.749            351.738.510                 Bank Indonesia Tbk
             PT Bank KEB Hana Indonesia                    190.360.000            894.600.000            PT Bank KEB Hana Indonesia
             PT Bank CIMB Niaga Tbk                        124.847.792            174.669.324            PT Bank CIMB Niaga Tbk
             PT Bank Mandiri (Persero) Tbk                  50.000.000             50.000.000            PT Bank Mandiri (Persero) Tbk
             PT Bank Maybank Indonesia Tbk                   9.046.921             10.142.161            PT Bank Maybank Indonesia Tbk
             PT Bank DKI                                     3.163.204              3.343.204            PT Bank DKI
          Jumlah - bank                                 163.990.202.826       179.031.179.746        Total - cash in banks




                                                                   - 58 -
Page 360
PT INTILAND DEVELOPMENT Tbk                                                                 PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2024 dan 2023                                                                        December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                         (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                           Otherwise Stated)


                                                              2024                2023

        Deposito berjangka yang dibatasi
           penggunaannya - pihak ketiga                                                            Restricted time deposits - third parties
           Rupiah                                                                                     Rupiah
               PT Bank CIMB Niaga Tbk                       53.750.761.588      66.884.435.223             PT Bank CIMB Niaga Tbk
               PT Bank Maybank Indonesia Tbk                16.500.714.948      20.108.447.253             PT Bank Maybank Indonesia Tbk
               PT Bank Permata Tbk                          16.265.883.162      17.260.757.818             PT Bank Permata Tbk
               PT Bank Pan Indonesia Tbk                    10.507.359.493      10.237.515.735             PT Bank Pan Indonesia Tbk
               PT Bank Mandiri (Persero) Tbk                 8.983.160.378       9.967.192.057             PT Bank Mandiri (Persero) Tbk
               PT Bank OCBC NISP Tbk                         6.948.026.451       7.834.445.469             PT Bank OCBC NISP Tbk
               PT Bank Central Asia Tbk                      3.988.739.284       3.411.277.516             PT Bank Central Asia Tbk
               PT Bank Danamon Indonesia Tbk                 3.721.417.364       4.824.009.250             PT Bank Danamon Indonesia Tbk
               PT Bank Syariah Mandiri                       2.369.708.430       2.369.708.430             PT Bank Syariah Mandiri
               PT Bank China Construction                                                                  PT Bank China Construction
                   Bank Indonesia Tbk                        1.135.789.893       1.187.135.912                 Bank Indonesia Tbk
               PT Bank Negara Indonesia (Persero) Tbk        1.032.267.416       1.032.267.416             PT Bank Negara Indonesia (Persero) Tbk
               PT Bank UOB Indonesia                           710.000.000                   -             PT Bank UOB Indonesia
               PT Bank Rakyat Indonesia (Persero) Tbk          579.670.182       1.371.273.148             PT Bank Rakyat Indonesia (Persero) Tbk
               PT Bank Tabungan Negara (Persero) Tbk           296.096.560         296.096.560             PT Bank Tabungan Negara (Persero) Tbk
            Jumlah - deposito berjangka                    126.789.595.149     146.784.561.787        Total - time deposits

     Jumlah aset keuangan lancar lainnya                   290.779.797.975     325.815.741.533     Total other current financial assets


     Aset keuangan tidak lancar lainnya:                                                       Other non-current financial assets:
        Bank yang dibatasi penggunaannya - pihak ketiga                                           Restricted cash in banks - third parties
            Rupiah                                                                                    Rupiah
               PT Bank Central Asia Tbk                      7.253.546.745       9.329.980.947            PT Bank Central Asia Tbk
               PT Bank Pembangunan Daerah                                                                 PT Bank Pembangunan Daerah
                   Jawa Barat dan Banten Tbk                 4.648.231.867       4.622.490.196                Jawa Barat dan Banten Tbk
               PT Bank Tabungan Negara (Persero) Tbk         4.166.428.400       4.421.056.160            PT Bank Tabungan Negara (Persero) Tbk
               PT Bank Pan Indonesia Tbk                     1.650.062.447       1.436.637.256            PT Bank Pan Indonesia Tbk
               PT Bank DKI                                     681.587.926         680.016.541            PT Bank DKI
               PT Bank Negara Indonesia (Persero) Tbk          374.801.627         314.625.167            PT Bank Negara Indonesia (Persero) Tbk
               PT Bank Rakyat Indonesia (Persero) Tbk          133.725.000         133.725.000            PT Bank Rakyat Indonesia (Persero) Tbk
               PT Bank Muamalat Tbk                                      -          61.500.000            PT Bank Muamalat Tbk
            Jumlah - bank                                   18.908.384.012      21.000.031.267        Total - cash in banks

        Deposito berjangka yang dibatasi
           penggunaannya - pihak ketiga                                                            Restricted time deposits - third parties
           Rupiah                                                                                     Rupiah
               PT Bank Central Asia Tbk                     15.913.956.498      32.072.886.044             PT Bank Central Asia Tbk
               PT Bank CIMB Niaga Tbk                       12.830.330.054      11.718.997.001             PT Bank CIMB Niaga Tbk
               PT Bank Pan Indonesia Tbk                     5.018.479.591       5.104.083.713             PT Bank Pan Indonesia Tbk
               PT Bank Maybank Indonesia Tbk                 2.047.297.236       4.816.001.137             PT Bank Maybank Indonesia Tbk
               PT Bank Tabungan Negara (Persero) Tbk         1.824.003.620       1.824.003.620             PT Bank Tabungan Negara (Persero) Tbk
               PT Bank UOB Indonesia                         1.065.994.228         483.853.744             PT Bank UOB Indonesia
               PT Bank OCBC NISP Tbk                           917.582.819         897.717.436             PT Bank OCBC NISP Tbk
               PT Bank Mandiri (Persero) Tbk                   664.850.000         929.865.275             PT Bank Mandiri (Persero) Tbk
               PT Bank Negara Indonesia (Persero) Tbk          138.959.000          19.300.000             PT Bank Negara Indonesia (Persero) Tbk
               PT Bank Rakyat Indonesia (Persero) Tbk          125.837.647         367.705.455             PT Bank Rakyat Indonesia (Persero) Tbk
               PT Bank Permata Tbk                                       -       1.936.340.652             PT Bank Permata Tbk
            Jumlah - deposito berjangka                     40.547.290.693      60.170.754.077        Total - time deposits

     Jumlah aset keuangan tidak lancar lainnya              59.455.674.705      81.170.785.344     Total other non-current financial assets


     Suku bunga deposito berjangka per tahun              2,00% - 6,25%       2,00% - 5,50%        Interest rate per annum on time deposits




                                                                     - 59 -
Page 361
PT INTILAND DEVELOPMENT Tbk                                                             PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2024 dan 2023                                                                    December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                     (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                       Otherwise Stated)


   Rekening bank yang dibatasi penggunaannya                               The restricted cash in banks represents escrow
   merupakan rekening penampungan yang digunakan                           accounts, which are used as collateral relating to
   sebagai jaminan sehubungan dengan fasilitas Kredit                      housing and apartment loans.
   Kepemilikan Rumah dan Apartemen.

   Deposito berjangka yang dibatasi penggunaannya                          The restricted time deposits represents time
   merupakan deposito berjangka milik Grup yang                            deposits of the Group which were pledged as
   digunakan sebagai jaminan atas fasilitas kredit                         collateral for housing and apartment loans.
   Kepemilikan Rumah dan Apartemen.


14. Tanah yang Belum Dikembangkan                                     14. Land for Development

                                               2024                                  2023
                                 Luas Tanah/                           Luas Tanah/
                    Lokasi        Land Area       Jumlah/Total          Land Area            Jumlah/Total                   Location
                                     m2                                    m2

     Tangerang, Banten            2.813.410       754.268.545.119       2.776.542           700.872.618.232       Tangerang, Banten
     Maja,Banten                 10.686.770       556.125.072.004      10.686.770           556.125.072.004       Maja,Banten
     Graha Famili, Surabaya          78.740       500.595.251.193          78.740           500.444.677.806       Graha Famili, Surabaya
     Dharmo Harapan, Surabaya        47.495       442.479.526.924          41.042           383.174.090.395       Dharmo Harapan, Surabaya
     Kebon Melati, Jakarta           25.582       311.116.955.754          24.736           246.682.437.805       Kebon Melati, Jakarta
     Serang                         868.614       267.573.438.996         869.196           267.663.050.409       Serang
     TB Simatupang                   13.329       201.054.572.795          13.329           201.054.572.795       TB Simatupang
     Lontar                         206.483       183.841.391.259         206.483           181.404.691.259       Lontar
     Ploso                        1.690.991       138.033.020.459       1.462.912            90.726.281.073       Ploso
     Jombang                      1.523.939        83.688.684.028       1.480.171            69.097.033.683       Jombang
     Pantai Mutiara                  10.603        83.188.840.558          10.603            83.138.840.558       Pantai Mutiara
     Gandaria, Jakarta               36.222        72.558.590.688          36.222            72.541.667.611       Gandaria, Jakarta
     Talaga Bestari, Cikupa         826.581        70.517.676.875         832.339            72.180.979.415       Talaga Bestari, Cikupa
     Pondok Pinang                   10.957        61.160.809.323          11.646            60.878.044.073       Pondok Pinang
     Pantai Timur, Surabaya         473.811        55.160.915.626         473.811            55.160.915.626       Pantai Timur, Surabaya
     Serenia Hills                    6.207        43.468.563.432          11.362            46.655.606.496       Serenia Hills
     Bukit Sampe, Trawas            316.409        31.885.552.270         317.105            31.710.500.000       Bukit Sampe, Trawas
     Jajar Tunggal                   48.704        23.041.202.103          48.704            23.041.202.103       Jajar Tunggal
     Wiyung                           9.965         6.230.218.145           9.965             6.230.218.145       Wiyung
     Embong Gayam                       741         5.737.658.877             741             5.737.658.877       Embong Gayam
     Bukit Pencu, Surabaya          329.628         3.134.490.101         329.628             3.133.623.401       Bukit Pencu, Surabaya
     Tambang Sirtu Porong            93.835         1.742.179.419          93.835             1.742.179.419       Tambang Sirtu Porong

     Jumlah                      20.119.016     3.896.603.155.948      19.815.882      3.659.395.961.185          Total



   Mutasi tanah yang belum dikembangkan adalah                             Movements in land for development:
   sebagai berikut:

                                                      2024                   2023

    Saldo awal                                 3.659.395.961.185        3.891.512.877.953        Beginning balance
    Penambahan                                   189.489.342.613          101.647.101.260        Additions
    Pengurangan                                   (8.400.541.315)             (65.000.000)       Deductions
    Reklasifikasi                                 56.118.393.465         (333.699.018.028)       Reclassification

    Saldo akhir                                3.896.603.155.948        3.659.395.961.185        Ending balance


   Pada tahun 2024 dan 2023, tanah yang belum                             In 2024 and 2023, land for development
   dikembangkan dengan nilai tercatat masing-masing                       amounting      to   Rp     3,187,043,064     and
   sebesar Rp 3.187.043.064 dan Rp 333.699.018.028                        Rp 333,699,018,028, respectively was reclassified
   direklasifikasi ke persediaan tanah yang sedang                        to land under development (Note 9).
   dikembangkan (Catatan 9).

   Pada tahun 2024, tanah yang belum dikembangkan                         In 2024, land for development amounting to
   dengan nilai tercatat sebesar Rp 59.305.436.529                        Rp 59,305,436,529 was reclassified from
   direklasifikasi dari properti investasi (Catatan 17).                  investment property (Note 17).




                                                             - 60 -
Page 362
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


   Tanah     yang   belum    dikembangkan    seluas                   Land for development measuring 650,426 square
   650.426 m2 dan 643.973 m2 dijadikan jaminan atas                   meters and 643,973 square meters as of
   pinjaman bank jangka pendek dan jangka panjang                     December 31, 2024 and 2023, respectively, are
   tertentu, utang sukuk ijarah, dan utang lain-lain                  used as collateral for certain short-term and
   masing-masing pada tanggal 31 Desember 2024                        long-term bank loans, sukuk ijarah payable, and
   dan 2023 (Catatan 21, 22 dan 24).                                  other accounts payable (Notes 21, 22 and 24).

   Pada tanggal 31 Desember 2024 dan 2023, luas                       As of December 31, 2024 and 2023, the land titles
   tanah yang belum dikembangkan masing-masing                        of these land for development representing
   sebesar 10,35% dan 10,51% tercatat atas nama                       10.35% and 10.51%, respectively, are under the
   Grup, sedangkan masing-masing sebesar 89,65%                       Group’s name, while, 89.65% and 89.49%,
   dan 89,49% tercatat atas nama pihak ketiga dalam                   respectively, are still under the third parties’
   sertifikat tanah. Perusahaan berkeyakinan bahwa                    names. The management believes that there will
   tidak terdapat masalah dengan hak kepemilikan atas                 be no problem on the transfers of ownership rights
   tanah tersebut.                                                    to the Group of these land for development.

   Manajemen berpendapat bahwa tidak terdapat                         Management believes that there is no impairment
   penurunan nilai atas aset tersebut.                                in value of the aforementioned assets.


15. Piutang Pihak Berelasi Non-Usaha                               15. Due from Related Parties- Non-Trade

                                                  2024                    2023

     Piutang pihak berelasi non-usaha                                                    Due from related parties
        PT Inti Menara Jaya                                   -          4.238.139.758      PT Inti Menara Jaya
        Badan Kerjasama Graha Pratama                         -            300.000.000      Badan Kerjasama Graha Pratama

     Jumlah                                                   -          4.538.139.758   Total


     Piutang pihak berelasi non-usaha -                                                  Due from related parties - presented
        disajikan dalam laporan posisi keuangan                                             in the consolidated statements of
        konsolidasian sebagai berikut:                                                      financial position under:
        Aset lancar                                           -            300.000.000      Current assets
        Aset tidak lancar                                     -          4.238.139.758      Noncurrent assets

     Jumlah                                                   -          4.538.139.758   Total




   Piutang dari PT Inti Menara Jaya (IMJ), pihak                       Due from PT Inti Menara Jaya (IMJ), a related
   berelasi, merupakan biaya operasional IMJ yang                      party, represent advanced payments made by the
   dibayarkan terlebih dahulu oleh Grup, yang tidak                    Group for operating expenses of IMJ, that are not
   memiliki jadwal pengembalian yang pasti dan tidak                   subject to interest and have no definite repayment
   dikenakan bunga. Piutang pihak berelasi ini telah                   schedules. This due from related party was fully
   dilunasi pada tanggal 10 Desember 2024.                             paid on December 10, 2024.

   Piutang dari Badan Kerjasama Graha Pratama,                         Due from Badan Kerjasama Graha Pratama, a
   pihak berelasi, merupakan piutang atas dividen yang                 related party, represent receivable for dividend
   belum diterima oleh Perusahaan. Piutang pihak                       that have not been received by the Company.
   berelasi ini telah dilunasi pada tanggal 10 Januari                 This amount due from related party was fully
   2024.                                                               collected on January 10, 2024.

   Berdasarkan      penelaahan     terhadap     kondisi                Based on the review of financial condition of the
   keuangan pihak yang mempunyai hubungan                              related parties, management believes that the
   berelasi, manajemen berpendapat seluruh piutang                     receivables from related parties are collectible,
   tersebut dapat ditagih sehingga atas piutang kepada                 thus, no allowance for impairment was provided.
   pihak-pihak tersebut tidak dibentuk cadangan
   kerugian penurunan nilai.



                                                          - 61 -
Page 363
PT INTILAND DEVELOPMENT Tbk                                                                                                                   PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                            For the Years Ended
31 Desember 2024 dan 2023                                                                                                                          December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                                           (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                                             Otherwise Stated)


16. Investasi pada Entitas Asosiasi dan Ventura                                                                             16. Investments in Associates and Joint Ventures
    Bersama

   Nilai tercatat investasi pada entitas asosiasi dan                                                                            Details of the Group’s investment in associates
   ventura bersama diuraikan sebagai berikut:                                                                                    and joint ventures follows:

                                                                                                     2024                          2023

    Investasi pada entitas asosiasi                                                               212.413.673.166               356.932.288.994           Investments in associates
    Investasi pada ventura bersama                                                                140.140.141.730                68.556.699.165           Investments in joint ventures

    Jumlah                                                                                        352.553.814.896               425.488.988.159           Total


   a. Entitas Asosiasi                                                                                                           a. Associates

      Investasi pada entitas asosiasi adalah sebagai                                                                                    Details of investments in associates are as
      berikut:                                                                                                                          follows:
                                                                                                      Persentase Kepemilikan/
                                                            Domisili/         Jenis usaha/            Percentage of Ownership        31 Desember/December 31
                                                            Domicile       Nature of business          2024            2023         2024                2023
                                                                                                        %                %
       Investasi Saham                                                                                                                                                  Investments in shares of stock details of
       Metode Ekuitas                                                                                                                                                   Equity method
          Biaya perolehan                                                                                                                                                  Cost
            PT Mahkota Kemayoran Realty                     Jakarta     Real estat/Real estate        40,00            40,00     103.200.000.000     103.200.000.000         PT Mahkota Kemayoran Realty
            PT Inti Mitbana Development                     Jakarta     Real estat/Real estate        30,00            30,00      81.300.000.000      74.400.000.000         PT Inti Mitbana Development
            PT Hotel Taman Harapan Indah                    Jakarta     Hotel/Hotel                   50,00            50,00      40.000.000.000      40.000.000.000         PT Hotel Taman Harapan Indah
                                                                        Penyewaan ruang kantor/
           PT Puri Pariwara                                 Surabaya     Office space rental          39,69            39,69      20.285.925.612      20.285.925.612         PT Puri Pariwara
           PT Adiwarna Harapan Nusantara                     Jakarta    Real estat/Real estate        50,00              -           150.000.000                   -         PT Adiwarna Harapan Nusantara
                                                                        Penyewaan retail/
           PT Inti Menara Jaya                              Jakarta     Retail space rental             -              50,00                   -      69.000.000.000         PT Inti Menara Jaya
           PT Intiland Infinita                             Jakarta     Hotel/Hotel                   10,07            30,00                   -      45.240.717.876         PT Intiland Infinita
           PT Adhibaladika Agung                            Jakarta     Real estat/Real estate          -              20,00                   -      22.748.954.047         PT Adhibaladika Agung

         Jumlah                                                                                                                  244.935.925.612     374.875.597.535      Total

         Akumulasi bagian laba (rugi) entitas
           asosiasi                                                                                                                                                       Accumulated share in net income (loss) of associates
           Saldo awal                                                                                                             17.524.501.645     (35.057.761.648)       Beginning balance
           Dilusi investasi atas entitas asosiasi                                                                                 45.596.219.074                   -        Dilution of investment in associates
           Penjualan investasi atas entitas asosiasi                                                                               2.057.686.596                   -        Sale of investment in associates
           Dividen/bagi hasil yang diterima                                                                                      (58.622.631.502)   (331.387.863.040)       Dividends received/profit sharing
           Bagian laba (rugi) tahun berjalan                                                                                      (2.428.199.494)    383.900.433.078        Share in profit (loss) for the year
           Bagian penghasilan komprehensif lain tahun berjalan                                                                        47.080.004          69.693.255        Share in other comprehensive income for the year

           Saldo akhir                                                                                                             4.174.656.323      17.524.501.645         Ending balance

         Keuntungan yang belum direalisasi dari transaksi
           dengan entitas asosiasi                                                                                               (36.696.908.769)    (35.467.810.186)     Unrealized gains on transactions with the associates

         Bersih                                                                                                                  212.413.673.166     356.932.288.994      Net




      PT Inti Mitbana Development (IMD)                                                                                                 PT Inti Mitbana Development (IMD)

      Berdasarkan Pernyataan Keputusan Pemegang                                                                                         Based on Stockholders’ Decision Statement
      Saham IMD yang didokumentasikan dalam Akta                                                                                        of IMD which documented on Notarial Deed
      No. 17 tanggal 17 September 2024 dari Laurens                                                                                     No. 17 dated September 17, 2024 of Laurens
      Gunawan, S.H., M.Kn., notaris publik di Jakarta,                                                                                  Gunawan, S.H., M.Kn., a public notary in
      para pemegang saham menyetujui untuk                                                                                              Jakarta, the stockholders agreed to increase
      meningkatkan modal ditempatkan dan disetor dari                                                                                   its issued and paid-up capital from
      Rp 248.000.000.000 terdiri dari 248.000 saham                                                                                     Rp 248,000,000,000 consisting of 248,000
      menjadi Rp 271.000.000.000 terdiri dari 271.000                                                                                   shares to Rp 271,000,000,000 consisting of
      saham. Bagian PT Sinar Puspapersada (SPP)                                                                                         271,000 shares. The share of PT Sinar
      atas peningkatan modal ini adalah sebesar                                                                                         Puspapersada (SPP) in this increase
      Rp 6.900.000.000 dalam bentuk setoran tunai.                                                                                      amounted to Rp 6,900,000,000 in the form of
      Kenaikan tersebut dilakukan secara proporsional                                                                                   cash deposits. The increase in paid-up
      sehingga komposisi persentase kepemilikan                                                                                         capital was done proportionately, thus, no
      saham sebelum dan sesudah kenaikan modal                                                                                          change in ownership interest of the
      tidak berubah.                                                                                                                    stockholders.


                                                                                                               - 62 -
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PT INTILAND DEVELOPMENT Tbk                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2024 dan 2023                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                              Otherwise Stated)


      Berdasarkan Pernyataan Keputusan Pemegang                       Based on Stockholders’ Decision Statement
      Saham IMD yang didokumentasikan dalam Akta                      of IMD which documented on Notarial Deed
      No. 5 tanggal 3 Agustus 2023 dari Laurens                       No. 5 dated August 3, 2023 of Laurens
      Gunawan, S.H., M.Kn., notaris publik di Jakarta,                Gunawan, S.H., M.Kn., a public notary in
      para pemegang saham menyetujui untuk                            Jakarta, the stockholders agreed to increase
      meningkatkan modal ditempatkan dan disetor dari                 its issued and paid-up capital from
      Rp 221.000.000.000 terdiri dari 221.000 saham                   Rp 221,000,000,000 consisting of 221,000
      menjadi Rp 248.000.000.000 terdiri dari 248.000                 shares to Rp 248,000,000,000 consisting of
      saham. Bagian PT Sinar Puspapersada (SPP)                       248,000 shares. The share of PT Sinar
      atas peningkatan modal ini adalah sebesar                       Puspapersada (SPP) in this increase
      Rp 8.100.000.000 dalam bentuk setoran tunai.                    amounted to Rp 8,100,000,000 in the form of
      Kenaikan tersebut dilakukan secara proporsional                 cash deposits. The increase in paid-up
      sehingga komposisi persentase kepemilikan                       capital was done proportionately, thus, no
      saham sebelum dan sesudah kenaikan modal                        change in ownership interest of the
      tidak berubah.                                                  stockholders.

      Pada tahun 2024, SPP mengakui penjualan tanah                   In 2024, SPP recognized sale of land to IMD.
      kepada IMD. Bagian keuntungan yang belum                        Unrealized gain on this transaction amounted
      direalisasi dari transaksi tersebut sebesar                     to Rp 1,229,098,583, representing ownership
      Rp      1.229.098.583   atau   mencerminkan                     interest of SPP in IMD of 30%.
      persentase kepemilikan SPP pada IMD sebesar
      30%.

      PT Puri Pariwara (PP)                                           PT Puri Pariwara (PP)

      Berdasarkan Akta Notaris No. 4 tanggal 4 Maret                  Based on Notarial Deed No. 4 dated
      2024 dari Miryany Usman, S.H., notaris di                       March 4, 2024 from Miryany Usman, S.H.,
      Jakarta, para pemegang saham menyetujui untuk                   notary in Jakarta, the shareholders agreed to
      melakukan      pembagian    dividen    sebesar                  distribute    dividends       amounting    to
      Rp 7.898.000.000 kepada para pemegang saham                     Rp      7,898,000,000      to    shareholders
      secara proporsional sesuai dengan kepemilikan                   proportionally according to share ownership.
      saham. Bagian Grup atas pembagian dividen                       The share of the Group on this dividend
      adalah sebesar Rp 3.134.935.791.                                amounted to Rp 3,134,935,791.

      Berdasarkan Akta Notaris No. 4 tanggal 8 Maret                  Based on Notarial Deed No. 4 dated
      2023 dari Taufik Hidayat, S.H., notaris di Jakarta,             March 8, 2023 from Taufik Hidayat, S.H.,
      para pemegang saham menyetujui untuk                            notary in Jakarta, the shareholders agreed to
      melakukan      pembagian      dividen      sebesar              distribute    dividends       amounting    to
      Rp 8.000.000.000 kepada para pemegang saham                     Rp      8,000,000,000      to    shareholders
      secara proporsional sesuai dengan kepemilikan                   proportionally according to share ownership.
      saham. Bagian Grup atas pembagian dividen                       The share of the Group on this dividend
      adalah sebesar Rp 2.880.491.551.                                amounted to Rp 2,880,491,551.

      PT Adiwarna Harapan Nusantara (AHN)                             PT Adiwarna Harapan Nusantara (AHN)

      Berdasarkan Akta No. 2 tanggal 1 Desember                       Based on Notarial Deed No. 2 dated
      2023 dari Melanie Sidharta, S.H., M.Kn., notaris                December 1, 2023 of Melanie Sidharta, S.H.,
      di Jakarta, PT Purisentosa Unggul (PSU), entitas                M.Kn., a notary in Jakarta, PT Purisentosa
      anak, dan PT Abdael Nusa, pihak ketiga,                         Unggul (PSU), a subsidiary, and PT Abdael
      mendirikan AHN, dengan jumlah penyertaan                        Nusa, a third party, established AHN with a
      masing-masing sebesar Rp 1 milyar. Bagian                       total investment of Rp 1 billion. PSU’s
      kepemilikan PSU pada AHN adalah sebesar 50%.                    ownership interest in AHN is 50%.




                                                            - 63 -
Page 365
PT INTILAND DEVELOPMENT Tbk                                                 PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                          For the Years Ended
31 Desember 2024 dan 2023                                                        December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                         (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                           Otherwise Stated)


      Berdasarkan Pernyataan Keputusan Pemegang                    Based on Stockholders’ Decision Statement
      Saham AHN yang didokumentasikan dalam Akta                   of AHN which documented on Notarial Deed
      No. 11 tanggal 22 November 2024 dari Melanie                 No. 11 dated November 22, 2024 of Melanie
      Sidharta, S.H., M.Kn., notaris di Jakarta, para              Sidharta, S.H., M.Kn., a notary in Jakarta, the
      pemegang saham menyetujui untuk menurunkan                   stockholders agreed to decrease its issued
      modal ditempatkan dan disetor dari Rp 2 milyar               and paid-up capital from Rp 2 billion
      terdiri dari 2.000 saham menjadi Rp 300 juta                 consisting of 2,000 shares to Rp 300 million
      terdiri dari 150 saham. Bagian PSU atas                      consisting of 150 shares. The share of PSU
      penurunan modal ini adalah sebesar Rp 150 juta.              in this decrease amounted to Rp 150 million.
      Penurunan       tersebut   dilakukan     secara              The decrease in paid-up capital was done
      proporsional sehingga komposisi persentase                   proportionately, thus, no change in ownership
      kepemilikan saham sebelum dan sesudah                        interest of the stockholders.
      penurunan modal tidak berubah.

      PT Inti Menara Jaya (IMJ)                                    PT Inti Menara Jaya (IMJ)

      Berdasarkan Keputusan Sirkular Pemegang                      Based on the Circular Decision of IMJ
      Saham IMJ tanggal 13 Desember 2024, para                     Shareholders dated December 13, 2024, IMJ
      pemegang saham IMJ menyetujui pengurangan                    shareholders approved a reduction in
      modal dasar dan modal ditempatkan dan disetor                authorized capital and issued and paid-up
      IMJ dan menyetujui pengalihan seluruh saham                  capital of IMJ and approved the transfer of all
      milik PT Intisarana Ekaraya, entitas anak,                   shares owned by PT Intisarana Ekaraya, a
      sejumlah 30.898 lembar kepada pihak-pihak                    subsidiary, amounting to 30,898 shares to
      ketiga   dengan      harga     jual   sebesar                third    parties   for   selling   price    of
      Rp 2.902.675.377. Atas transaksi ini, Grup                   Rp 2,902,675,377. In this transaction, the
      mengakui kerugian sebesar Rp 2.056.465.678.                  Group recognized loss amounting to
                                                                   Rp 2,056,465,678.

      PT Intiland Infinita (Infinita)                              PT Intiland Infinita (Infinita)

      Berdasarkan Akta No. 4 tanggal 16 Mei 2024 dari              Based on Deed No. 4 dated May 16, 2024
      Melanie Sidharta, S.H., M.Kn., notaris publik di             from Melanie Sidharta, S.H., M.Kn., a public
      Jakarta, PT Intiland Infinita memperoleh                     notary in Jakarta, PT Intiland Infinita obtained
      persetujuan Keputusan Pemegang Saham untuk                   the approval from stockholders for the
      meningkatkan modal ditempatkan dan disetor                   increase in issued and paid-up capital
      dengan mengeluarkan 2.970.000.000 lembar                     through issuance of 2,970,000,000 shares
      saham yang seluruhnya diambil oleh PT Permata                which the whole thing were issued to
      Tunggal Jaya, pihak ketiga. Dengan demikian,                 PT Permata Tunggal Jaya, a third party.
      kepemilikan Perusahaan pada PT Intiland Infinita             Accordingly, the ownership interest of the
      menurun dari 30,00% menjadi 10,07%.                          Company in PT Intiland Infinita decreased
                                                                   from 30.00% to 10.07%.

      PT Adhibaladika Agung (AA)                                   PT Adhibaladika Agung (AA)

      Pada tahun 2024, AA membagikan dividen tunai                 In 2024, AA agreed to distribute cash
      kepada      pemegang    saham       sebesar                  dividends to stockholders amounting to
      Rp 277.438.478.558. Bagian Grup atas                         Rp 277,438,478,558. The share of the Group
      pembagian dividen tunai adalah sebesar                       on this cash dividend amounted to
      Rp 55.487.695.711.                                           Rp 55,487,695,711.

      Pada tahun 2023, AA membagikan dividen tunai                 In 2023, AA agreed to distribute cash
      kepada      pemegang    saham       sebesar                  dividends to stockholders amounting to
      Rp 1.642.536.857.444. Bagian Grup atas                       Rp 1,642,536,857,444. The share of the
      pembagian dividen tunai adalah sebesar                       Group on this cash dividend amounted to
      Rp 328.507.371.489.                                          Rp 328,507,371,489.




                                                         - 64 -
Page 366
PT INTILAND DEVELOPMENT Tbk                                                                                                          PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                   For the Years Ended
31 Desember 2024 dan 2023                                                                                                                 December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                                  (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                                    Otherwise Stated)


      Berdasarkan Perjanjian Jual Beli Saham tanggal                                                                            Based on the Sale and Purchase Agreement
      21 Agustus 2024, IG, entitas anak, menjual                                                                                of Shares dated August 21, 2024, IG, a
      seluruh kepemilkan 2.400 lembar saham atau                                                                                subsidiary, sold all of its 2,400 shares or 20%
      20% saham kepemilikannya di AA kepada                                                                                     ownership interest in AA to PT Adhibalaraja,
      PT Adhibalaraja, pihak ketiga, dengan harga jual                                                                          a third party, for a selling price of
      sebesar Rp 38 milyar. Atas transaksi ini, Grup                                                                            Rp 38 billion. In this transaction, the Group
      mengakui kerugian sebesar Rp 10.126.993.548.                                                                              recognized        loss        amounting       to
                                                                                                                                Rp 10,126,993,548.

      Ikhtisar informasi keuangan                           entitas         asosiasi                                            The condensed financial information of the
      adalah sebagai berikut:                                                                                                   associates follows:
                                                                          31 Desember 2024/December 31, 2024
                                     PT Mahkota               PT Inti Mitbana      PT Hotel Taman                                  PT Adiwarna
                                   Kemayoran Realty            Development          Harapan Indah      PT Puri Pariwara         Harapan Nusantara
      Aset                                                                                                                                              Assets
         Lancar                       7.142.477.720            24.872.528.757              3.593.392         65.544.517.353             4.147.100          Current
         Tidak lancar               220.480.087.734           241.031.101.405         79.867.952.500         66.550.406.449           369.868.455          Noncurrent
      Jumlah                        227.622.565.454           265.903.630.162         79.871.545.892        132.094.923.802           374.015.555       Total

      Liabilitas                                                                                                                                        Liabilities
         Jangka pendek                   28.556.214             2.988.822.282           993.495.000          19.775.750.311            74.868.455          Current
         Jangka panjang               5.800.000.000             9.402.029.368                     -           6.627.289.228                     -          Noncurrent
      Jumlah                          5.828.556.214            12.390.851.650           993.495.000          26.403.039.539            74.868.455       Total

      Pendapatan                                   -                         -                     -         48.406.976.694                     -       Revenues

      Beban                           (4.301.928.813)         (19.545.756.185)          (160.914.725)       (38.183.171.325)             (852.900)      Expenses

      Laba (rugi) tahun berjalan      (4.301.928.813)         (19.545.756.185)          (160.914.725)        10.223.805.369              (852.900)      Profit (loss) for the year

      Penghasilan komprehensif                                                                                                                          Other comprehensive

         lain                                      -                         -                     -           118.611.000                      -          income

      Jumlah penghasilan (rugi)                                                                                                                         Total comprehensive
         komprehensif                 (4.301.928.813)         (19.545.756.185)          (160.914.725)        10.342.416.369              (852.900)         income (loss)



                                                                                                 31 Desember 2023/December 31, 2023
                                      PT Mahkota                PT Inti Mitbana        PT Hotel Taman                                                                                PT Adhibaladika
                                    Kemayoran Realty             Development            Harapan Indah    PT Puri Pariwara    PT Inti Menara Jaya         PT Intiland Infinita            Agung
      Aset                                                                                                                                                                                                 Assets
         Lancar                         5.077.117.400            42.222.754.061             22.013.117        57.430.317.046       151.449.721.112        103.470.291.909             623.838.379.299         Current
         Tidak lancar                 221.159.819.638           196.550.057.790         79.867.952.500        72.324.310.555       138.142.133.642        794.253.153.022             251.237.660.314         Noncurrent
      Jumlah                          226.236.937.038           238.772.811.851         79.889.965.617       129.754.627.601       289.591.854.754        897.723.444.931             875.076.039.613      Total

      Liabilitas                                                                                                                                                                                           Liabilities
         Jangka pendek                    140.998.985              1.614.277.154           851.000.000        18.851.030.918        79.277.348.579        230.834.328.452             300.393.097.955         Current
         Jangka panjang                             -                          -                     -         7.656.128.789        68.343.942.362        675.440.465.791               3.327.992.415         Noncurrent
      Jumlah                              140.998.985              1.614.277.154           851.000.000        26.507.159.707       147.621.290.941        906.274.794.243             303.721.090.370      Total

      Pendapatan                                        -                         -                     -     50.725.154.407                        -     192.015.833.493            2.083.583.008.649     Revenues

      Beban                             (2.918.387.375)          (10.759.797.725)         (127.903.747)      (41.969.719.416)      (15.193.787.285)       (191.325.453.637)           (122.212.092.015)    Expenses

      Laba (rugi) tahun berjalan        (2.918.387.375)          (10.759.797.725)         (127.903.747)        8.755.434.991       (15.193.787.285)             690.379.856          1.961.370.916.634     Profit (loss) for the year

      Penghasilan komprehensif                                                                                                                                                                             Other comprehensive

         lain                                           -                         -                     -       108.569.000                         -            88.664.000                            -      income

      Jumlah penghasilan (rugi)                                                                                                                                                                            Total comprehensive
         komprehensif                   (2.918.387.375)          (10.759.797.725)         (127.903.747)        8.864.003.991       (15.193.787.285)             779.043.856          1.961.370.916.634        income (loss)




                                                                                               - 65 -
Page 367
PT INTILAND DEVELOPMENT Tbk                                                                                                                PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                                     AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                         For the Years Ended
31 Desember 2024 dan 2023                                                                                                                       December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                                        (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                                          Otherwise Stated)


   b. Ventura Bersama                                                                                                           b. Joint Ventures

      Rincian dari ventura bersama pada tanggal                                                                                      Details of the Group’s joint venture as of
      31 Desember 2024 dan 2023 adalah sebagai                                                                                       December 31, 2024 and 2023 follows:
      berikut:

                                                                                                                Kepemilikan/            Hak Suara/
                 Nama Ventura Bersama/                                        Lokasi Usaha/                      Ownership             Voting Rights                                 Aktivitas Utama/
                  Name of Joint Venture                                     Place of Business                       %                       %                                        Principal Activity

      Badan Kerjasama Graha Pratama                                               Jakarta                             30,00                  30,00              Persewaan kantor/Rental office space
      PT Graha Abdael Sukses                                                     Surabaya                             55,00                  50,00              Real Estat/Real estate


      Perubahan dalam kepentingan pada ventura                                                                                       Movement of interests in the joint ventures
      bersama adalah sebagai berikut:                                                                                                can be summarized as follows:

                                                                                                      Persentase Kepemilikan/
                                                                Domisili/         Jenis usaha/        Percentage of Ownership       31 Desember/December 31
                                                                Domicile       Nature of business      2024            2023        2024                2023
                                                                                                        %                %
      Investasi Saham                                                                                                                                                   Investments in shares of stock details of
      Metode ekuitas                                                                                                                                                    Equity method
         Biaya perolehan                                                                                                                                                   Cost
                                                                            Penyewaan ruang kantor/
          Badan Kerjasama Graha Pratama                          Jakarta     Office space rental      30,00            30,00     32.100.000.000      32.100.000.000          Badan Kerjasama Graha Pratama
          PT Graha Abdael Sukses                                Surabaya    Real estat/Real estate    55,00            55,00     63.921.000.000      63.921.000.000          PT Graha Abdael Sukses

          Jumlah                                                                                                                 96.021.000.000      96.021.000.000          Total

        Akumulasi bagian laba (rugi) ventura bersama                                                                                                                      Accumulated share in net income (loss) of joint ventures
          Saldo awal                                                                                                            (27.464.300.835)     (36.819.643.941)       Beginning balance
          Dividen/bagi hasil yang diterima                                                                                       (4.200.000.000)      (2.910.000.000)       Dividends received/profit sharing
          Bagian laba tahun berjalan                                                                                             75.768.616.683       12.254.424.423        Share in profit for the year
          Bagian penghasilan komprehensif lain tahun berjalan                                                                        14.825.882           10.918.683        Share in other comprehensive income for the year

          Saldo akhir                                                                                                            44.119.141.730      (27.464.300.835)        Ending balance

        Bersih                                                                                                                  140.140.141.730      68.556.699.165       Net




      Pada tanggal 31 Desember 2024 dan 2023,                                                                                       Badan Kerjasama Graha Pratama (BKGP)
      Badan Kerjasama Graha Pratama (BKGP)                                                                                          distributed   dividends    amounting     to
      membagikan keuntungan kepada pemegang                                                                                         Rp 14,000,000,000 and Rp 9,700,000,000 in
      saham          masing-masing        sebesar                                                                                   2024 and 2023, respectively. The portion of
      Rp 14.000.000.000 dan Rp 9.700.000.000.                                                                                       dividends distributed by BKGP to the
      Bagian Perusahaan atas pembagian keuntungan                                                                                   Company amounted to Rp 4,200,000,000 and
      ini     adalah     masing-masing    sebesar                                                                                   Rp 2,910,000,000 in 2024 and 2023,
      Rp 4.200.000.000 dan Rp 2.910.000.000 pada                                                                                    respectively.
      tahun 2024 dan 2023.




                                                                                                              - 66 -
Page 368
PT INTILAND DEVELOPMENT Tbk                                                  PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2024 dan 2023                                                         December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                          (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                            Otherwise Stated)


      Badan Kerjasama Graha Pratama                                 Badan Kerjasama Graha Pratama

      Perusahaan mengadakan perjanjian kerjasama                    The Company entered into a joint venture
      dengan PT Famharindo untuk mengelola                          agreement with PT Famharindo for the joint
      bersama Gedung Graha Pratama yang terletak di                 management of the Graha Pratama Building
      Jl. M.T. Haryono, Jakarta yang mencakup                       which is located at Jl. M.T. Haryono, Jakarta
      penyewaan dan usaha-usaha lainnya yang                        including rental and other businesses
      berkaitan dengan pengelolaan, sesuai dengan                   related to the administration, based on
      proporsi kepemilikan modal dan pembayaran.                    proportionate ownership and payments.
      Dalam       perjanjian   ini,     PT Famharindo               Pursuant to this agreement, PT Famharindo
      menyediakan modal Rp 74.900.000.000 dan                       and the Company provided capital of
      Perusahaan Rp 32.100.000.000 sehingga para                    Rp 74,900,000,000 and Rp 32,100,000,000,
      pihak bersama-sama memiliki bagian partisipasi                respectively, therefore, their share ownership
      70% dan 30%. Segala keuntungan dan atau                       is 70% and 30%, respectively. All of the gains
      kerugian yang akan didapat/diterima selama                    and/or losses that will be derived in relation
      berlangsungnya perjanjian ini akan diatur dengan              to this agreement will be shared as follows:
      syarat: PT Famharindo akan menerima 70% dan                   70% for PT Famharindo and 30% for the
      Perusahaan akan menerima 30%. Perjanjian ini                  Company. These agreements have been
      telah diperpanjang beberapa kali, terakhir sampai             extended several times, and the latest is valid
      dengan 8 Juli 2026.                                           until July 8, 2026.

      Untuk mengurus segala sesuatu yang berkaitan                  To manage the joint venture, an organization
      dengan pengelolaan tersebut maka dibentuk                     called Badan Kerjasama Graha Pratama
      badan pengurus yang diberi nama Badan                         (BKGP) was formed.
      Kerjasama Graha Pratama (BKGP).

      Berdasarkan   perjanjian   kerjasama   antara                 Based on the joint venture agreement
      Perusahaan dengan PT Famharindo untuk                         between the Company and PT Famharindo,
      mengelola bersama Gedung Graha Pratama,                       in the operation of Graha Pratama building, if
      maka jika salah satu pihak ternyata terlibat                  one of the parties encounters problems on its
      masalah utang piutang dengan pihak ketiga,                    receivable and payable from and to third
      maka maksimal yang dapat dibayarkan adalah                    parties, the maximum payment shall be equal
      sebesar   kompensasi     modal    yang  telah                 to the capital contribution of 70% for
      dimasukkan yaitu PT Famharindo 70% dan                        PT Famharindo and 30% for the Company.
      Perusahaan 30%.

      PT Graha Abdael Sukses (GAS)                                  PT Graha Abdael Sukses (GAS)

      Pada tanggal 13 Juli 2020, PT Intiland Grande                 On July 13, 2020, PT Intiland Grande (IG), a
      (IG), entitas anak, mengadakan perjanjian                     subsidiary, entered into a cooperation
      kerjasama dengan PT Abdael Nusa (AN), pihak                   agreement with PT Abdael Nusa (AN), a third
      ketiga, untuk mengembangkan lahan di bidang                   party, to develop land in the field of
      pengelolaan dan penjualan tanah-tanah dan/atau                management and sale of land and/or land
      tanah dan bangunan seluas 125.465 m2 milik IG                 and buildings covering an area of 125.465
      yang berlokasi di Kelurahan Gununganyar                       square meters owned by IG which is located
      Tambak. Untuk mengembangkan lahan tersebut                    in Gununganyar Tambak Village. To develop
      maka IG masuk sebagai pemegang saham                          the land, IG is joint as a shareholder of GAS
      GAS      dimana   IG,   menyediakan     modal                 where IG, provides capital amounting of
      sebesar Rp 33.000.000.000 dan AN sebesar                      Rp 33,000,000,000 and AN amounting of
      Rp 27.000.000.000 sehingga para pihak                         Rp 27,000,000,000, so the parties all
      bersama-sama memiliki bagian partisipasi                      together have 55% and 45% participation,
      masing-masing sebesar 55% dan 45%.                            respectively.




                                                          - 67 -
Page 369
PT INTILAND DEVELOPMENT Tbk                                                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                             For the Years Ended
31 Desember 2024 dan 2023                                                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                              Otherwise Stated)


      Perjanjian kerjasama ini dibuat tanpa jangka                                                      This cooperation agreement is made without
      waktu kecuali diakhiri atas kesepakatan bersama                                                   a period of time unless terminated by mutual
      atau sampai dengan terjadinya hal-hal yang                                                        agreement or until things occur that cause
      menyebabkan       berakhirnya/bubarnya     suatu                                                  the termination/dissolution of a limited liability
      perseroan terbatas sebagaimana diatur dalam UU                                                    company as regulated in Law No. 40 of 2007
      No. 40 tahun 2007 tentang Perseroan Terbatas                                                      concerning Limited Liability Companies and
      dan Anggaran Dasar GAS.                                                                           the GAS Articles of Association.

      Berdasarkan Pernyataan Keputusan Pemegang                                                         Based on Stockholders’ Decision Statement
      Saham GAS yang didokumentasikan dalam Akta                                                        of GAS which documented on Notarial Deed
      No. 24 tanggal 15 November 2022 dari Julia                                                        No. 24 dated November 15, 2022 of Julia
      Seloadji, S.H., para pemegang saham menyetujui                                                    Seloadji, S.H., the stockholders agreed to
      untuk meningkatkan modal dasar, ditempatkan                                                       increase its issued and paid-up capital from
      dan disetor dari Rp 60.000.000.000 terdiri dari                                                   Rp 60,000,000,000 consisting of 60,000
      60.000 saham menjadi Rp 116.220.000.000 terdiri                                                   shares to Rp 116,220,000,000 consisting of
      dari 116.220 saham. Bagian IG atas peningkatan                                                    116,220 shares. The share of IG in this
      modal ini adalah sebesar Rp 30.921.000.000.                                                       increase amounted to Rp 30,921,000,000.
      Kenaikan tersebut dilakukan secara proporsional                                                   The increase in paid-up capital was done
      sehingga komposisi persentase kepemilikan                                                         proportionately, thus, no change in ownership
      saham sebelum dan sesudah kenaikan modal                                                          interest of the stockholders.
      tidak berubah.

      Ikhtisar informasi keuangan ventura bersama,                                                     The following summarizes the financial
      tanpa disesuaikan dengan proporsi kepemilikan                                                    information relating to the joint venture,
      Grup, adalah sebagai berikut:                                                                    not adjusted for proportion of ownership:

                                                    31 Desember 2024                               31 Desember 2023
                                        Badan Kerjasama         PT Graha Abdael        Badan Kerjasama          PT Graha Abdael
                                         Graha Pratama               Sukses             Graha Pratama               Sukses

      Aset                                                                                                                           Assets
         Lancar - kas dan setara kas          164.487.376          12.994.575.089           2.383.390.040          29.026.628.185       Current - cash and cash equivalents
         Lancar - (tidak termasuk kas                                                                                                   Current (excluding cash and
            dan setara kas)                 6.980.907.300         356.958.318.070           7.148.449.742         447.064.246.221           cash equivalents)
         Tidak lancar                      35.990.252.158          22.189.536.672          36.926.769.908          55.215.519.356       Noncurrent

         Jumlah                            43.135.646.834         392.142.429.831          46.458.609.690         531.306.393.762       Total


      Liabilitas                                                                                                                     Liabilities
         Jangka pendek                     11.584.860.318         130.827.624.588          11.089.101.096         378.347.514.578       Current
         Jangka panjang                    19.973.675.082          12.793.498.332          19.630.036.407          36.859.664.620       Noncurrent

         Jumlah                            31.558.535.400         143.621.122.920          30.719.137.503         415.207.179.198       Total

      Jumlah ekuitas                       11.577.111.434         248.521.306.911          15.739.472.187         116.099.214.564    Total Equity


      Pendapatan                           28.641.496.065         399.170.304.338           25.594.105.599        129.064.492.700    Revenues
      Beban usaha                         (16.176.213.114)       (259.253.716.931)         (12.573.462.878)       (90.612.279.079)   Operating expenses
      Pendapatan bunga                          2.699.551           1.963.373.288                3.038.425          1.172.903.188    Interest income
      Lain-lain - bersih                      (66.695.167)           (176.125.093)              60.852.386        (20.221.144.347)   Others - net

      Laba (rugi) sebelum pajak            12.401.287.335         141.703.835.602          13.084.533.532          19.403.972.462    Profit (loss) before tax
      Beban pajak                          (2.563.648.088)         (9.308.699.404)         (2.361.596.486)         (2.972.075.536)   Tax expense

      Laba (rugi) tahun berjalan            9.837.639.247         132.395.136.198          10.722.937.046          16.431.896.926    Profit (loss) for the year
      Penghasilan komprehensif lain                     -              26.956.149                       -              19.852.150    Other comprehensive income

      Jumlah penghasilan (rugi)
         komprehensif                       9.837.639.247         132.422.092.347          10.722.937.046          16.451.749.076    Total comprehensive income (loss)




   Grup tidak memiliki liabilitas kontinjensi atau                                              The Group has no share of any contingent
   komitmen permodalan pada entitas asosiasi dan                                                liabilities or capital commitments of its associates
   ventura bersama pada tanggal 31 Desember 2024                                                and joint venture as of December 31, 2024 and
   dan 2023.                                                                                    2023.




                                                                                  - 68 -
Page 370
PT INTILAND DEVELOPMENT Tbk                                                                               PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                    AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                        For the Years Ended
31 Desember 2024 dan 2023                                                                                      December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                       (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                         Otherwise Stated)


    Manajemen       berpendapat         bahwa         tidak                                Management believes that there is no impairment
    terdapat penurunan nilai atas investasi tersebut.                                      in value of these investments.


17. Properti Investasi                                                              17. Investment Properties

    Pada tanggal 31 Desember 2024 dan 2023, properti                                           As of December 31, 2024 and 2023, the Group’s
    investasi Grup adalah tanah dan bangunan yang                                              investment properties consist of land and
    disewakan kepada pihak ketiga.                                                             buildings which are being leased to third parties.

    Rekonsiliasi jumlah tercatat properti investasi                                            Reconciliation of the net carrying amount in this
    selama tahun 2024 dan 2023 adalah sebagai                                                  account during 2024 and 2023 follows:
    berikut:

                                                                   Perubahan selama tahun 2024/
                                                                       Changes during 2024
                                    1 Januari/         Penambahan/        Pengurangan/          Reklasifikasi/            31 Desember/
                                 January 1, 2024         Additions         Deductions         Reclassification          December 31, 2024

    Biaya perolehan:                                                                                                                         Cost:
     Pemilikan langsung                                                                                                                       Direct ownership
        Tanah                     411.621.843.713                    -                    -      (41.585.285.921)         370.036.557.792       Land
                                                                                                                                                Buildings and land
        Bangunan dan prasarana   2.168.232.080.572        966.194.202       (17.085.468.668)      35.403.405.129         2.187.516.211.235         improvements
                                                                                                                                                Leasehold
       Perbaikan ruangan            1.174.643.962         297.774.021                     -          445.015.428            1.917.433.411          improvements
     Bangunan dalam                                                                                                                           Building under
       konstruksi                     265.182.560         960.855.001                     -         (706.024.679)             520.012.882            construction

    Jumlah                       2.581.293.750.807      2.224.823.224       (17.085.468.668)      (6.442.890.043)        2.559.990.215.320   Total

    Akumulasi penyusutan:                                                                                                                    Accumulated depreciation:
     Pemilikan langsung                                                                                                                       Direct ownership
                                                                                                                                                Buildings and land
        Bangunan dan prasarana    831.613.837.301      93.050.040.407        (7.413.869.193)       4.055.213.531          921.305.222.046         improvements
                                                                                                                                                Leasehold
        Perbaikan ruangan              43.553.047         150.326.722                     -                         -         193.879.769         improvements

    Jumlah                        831.657.390.348      93.200.367.129        (7.413.869.193)       4.055.213.531          921.499.101.815    Total

    Nilai Tercatat               1.749.636.360.459                                                                       1.638.491.113.505   Net Carrying Value



                                                                         Changes during 2023
                                    1 Januari/         Penambahan/          Pengurangan/          Reklasifikasi/          31 Desember/
                                 January 1, 2023         Additions           Deductions          Reclassification       December 31, 2023

    Biaya perolehan:                                                                                                                         Cost:
     Pemilikan langsung                                                                                                                       Direct ownership
        Tanah                     378.739.759.005                    -                    -       32.882.084.708          411.621.843.713       Land
                                                                                                                                                Buildings and land
        Bangunan dan prasarana   2.031.451.642.191        731.189.149                     -      136.049.249.232         2.168.232.080.572         improvements
                                                                                                                                                Leasehold
       Perbaikan ruangan                           -    1.174.643.962                     -                         -       1.174.643.962          improvements
     Bangunan dalam                                                                                                                           Building under
       konstruksi                   1.193.561.216         242.844.560                     -       (1.171.223.216)             265.182.560            construction

    Jumlah                       2.411.384.962.412      2.148.677.671                     -      167.760.110.724         2.581.293.750.807   Total

    Akumulasi penyusutan:                                                                                                                    Accumulated depreciation:
     Pemilikan langsung                                                                                                                       Direct ownership
                                                                                                                                                Buildings and land
        Bangunan dan prasarana    742.986.588.394      88.627.248.907                     -                         -     831.613.837.301         improvements
                                                                                                                                                Leasehold
        Perbaikan ruangan                          -       43.553.047                     -                         -          43.553.047         improvements

    Jumlah                        742.986.588.394      88.670.801.954                     -                         -     831.657.390.348    Total

    Nilai Tercatat               1.668.398.374.018                                                                       1.749.636.360.459   Net Carrying Value




                                                                           - 69 -
Page 371
PT INTILAND DEVELOPMENT Tbk                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                Otherwise Stated)


   Penambahan properti investasi merupakan biaya                    The additions in investment properties represent
   renovasi atas properti investasi bersangkutan dan                cost of renovation of the respective investment
   biaya penyelesaian konstruksi bangunan.                          properties and the cost of completion of the
                                                                    building construction.

   Pada tahun 2024, properti investasi dengan                       In 2024, investment properties amounting to
   nilai   tercatat     sebesar   Rp     54.917.221.104             Rp 54,917,221,104 were reclassification from
   direklasifikasi dari bangunan siap dijual (Catatan 9)            ready-for-sale buildings (Note 9) because there is
   karena adanya perubahan penggunaan oleh                          a change in the purpose and use of these assets.
   manajemen.

   Pada tahun 2024, properti investasi dengan                       In 2024, investment properties amounting to
   nilai       tercatat    masing-masing    sebesar                 Rp 59,305,436,529 and Rp 6,109,888,149,
   Rp 59.305.436.529 dan Rp 6.109.888.149                           respectively, were reclassified to land for
   direklasifikasi ke tanah yang belum dikembangkan                 development and property and equipment (Notes
   dan aset tetap (Catatan 14 dan 18) karena adanya                 14 and 18) because there is a change in the
   perubahan penggunaan oleh manajemen.                             purpose and use of these assets.

   Pada tahun 2023, properti investasi dengan                       In 2023, investment properties amounting to
   nilai tercatat sebesar Rp 167.760.110.724                        Rp 167,760,110,724 were reclassified from ready-
   direklasifikasi dari bangunan siap dijual (Catatan 9)            for-sale buildings (Note 9) because there is a
   karena adanya perubahan penggunaan oleh                          change in the purpose and use of these assets.
   manajemen.

   Pendapatan     sewa     properti  investasi    yang              Rental      income     from   these     investment
   diakui dalam laba rugi selama tahun 2024 dan 2023                properties in 2024 and 2023 amounted to
   masing-masing adalah sebesar Rp 249.411.421.375                  Rp 249,411,421,375 and Rp 229,446,870,006,
   dan Rp 229.446.870.006, yang disajikan sebagai                   respectively, and are recorded as part of
   bagian dari “Pendapatan Usaha” pada laba rugi                    “Revenues” in profit or loss (Note 36). The direct
   (Catatan 36). Beban langsung berupa beban                        expense representing depreciation of these
   penyusutan properti investasi selama tahun 2024                  investment properties, excluding land, in 2024 and
   dan     2023   masing-masing     adalah     sebesar              2023 amounting to Rp 93,200,367,129 and
   Rp 93.200.367.129 dan Rp 88.670.801.954                          Rp 88,670,801,954, respectively, are recorded as
   disajikan sebagai bagian dari “Beban Pokok                       part of “Cost of Sales and Direct Expenses” in
   Penjualan dan Beban Langsung” pada laba rugi                     profit or loss (Note 37).
   (Catatan 37).

   Kepemilikan Grup atas properti investasi adalah                  The investment properties owned by Group are in
   berupa Hak Guna Bangunan atas nama PT Intiland                   the form of Building Use Rights in the names of
   Development Tbk, PT Starlight Nusa Property,                     PT Intiland Development Tbk, PT Starlight
   PT Putra Sinar Permaja, PT Perkasalestari Permai,                Nusa Property, PT Putra Sinar Permaja,
   PT Intiland Sejahtera, PT Prima Sentosa Ganda,                   PT Perkasalestari Permai, PT Intiland Sejahtera,
   dan PT Grande Family View yang jatuh tempo                       PT Prima Sentosa Ganda, and PT Grande Family
   antara 2029 sampai 2044. Manajemen berpendapat                   View which will expire between 2029 to 2044.
   bahwa tidak terdapat masalah dengan perpanjangan                 Management believes that there will be no
   Hak Guna Bangunan tersebut, karena properti                      difficulty in extending the Building Use Rights,
   investasi tersebut diperoleh secara sah dan                      since all the buildings were acquired legally and
   didukung dengan bukti kepemilikan yang memadai.                  are supported by sufficient evidence of
                                                                    ownerships.




                                                           - 70 -
Page 372
PT INTILAND DEVELOPMENT Tbk                                                     PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2024 dan 2023                                                            December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                             (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                               Otherwise Stated)


   Grup mengasuransikan properti investasi kepada                  The Group has insured its investment properties
   PT Asuransi Bina Dana Arta Tbk, PT Asuransi                     with PT Asuransi Bina Dana Arta Tbk,
   Central Asia, PT IBS Insurance Broking Service,                 PT Asuransi Central Asia, PT IBS Insurance
   PT Chubb General Insurance Indonesia, pihak-pihak               Broking Service, PT Chubb General Insurance
   ketiga, terhadap risiko kebakaran, kerusakan dan                Indonesia, third parties, against risks of fire,
   risiko lainnya dengan jumlah pertanggungan                      damages, and other possible risks with a total
   masing-masing sebesar USD 6.965.991 dan                         insurance coverage of US$ 6,965,991 and
   Rp 5.409.175.829.793 pada tahun 2024 dan                        Rp     5,409,175,829,793     in    2024     and
   USD 241.320.992 dan Rp 6.666.472.839.577 pada                   US$ 241,320,992 and Rp 6,666,472,839,577 in
   tahun 2023. Manajemen berpendapat bahwa nilai                   2023. Management believes that the insurance
   pertanggungan asuransi tersebut adalah cukup                    coverages are adequate to cover possible losses
   untuk menutup kemungkinan kerugian atas properti                on the assets insured.
   investasi yang dipertanggungkan.

   Plaza Graha Famili dan Gudang di kawasan Ngoro                  Plaza Graha Famili and warehouse located in
   Industrial digunakan sebagai jaminan atas pinjaman              Ngoro Industrial Park are used as collateral for
   utang bank jangka pendek dan jangka panjang                     short-term and long-term bank loans (Note 21).
   (Catatan 21).

   Jumlah nilai wajar properti investasi adalah sebesar            The total fair values of investment properties
   Rp 4.439.026.375.000 berdasarkan laporan hasil                  amounted to Rp 4,439,026,375,000, based on
   penilaian dari KJPP Toto Suharto & Rekan, KJPP                  appraisal report from KJPP Toto Suharto &
   Wiseso Saladin dan Rekan, dan KJPP Wilson &                     Rekan, KJPP Wiseso Saladin dan Rekan, and
   Rekan,     penilai   independen,      masing-masing             KJPP Wilson & Rekan, independent appraisers,
   tertanggal 1 Maret 2022, 7 September 2022,                      dated March 1, 2022, September 7, 2022,
   18 September 2018, dan 10 Oktober 2018.                         September 18, 2018, and October 10, 2018
                                                                   respectively.

   Manajemen berpendapat bahwa tidak terdapat                      Management believes that there is no impairment
   penurunan nilai atas properti investasi pada tanggal            in values of the aforementioned investment
   31 Desember 2024 dan 2023.                                      properties as of December 31, 2024 and 2023.




                                                          - 71 -
Page 373
PT INTILAND DEVELOPMENT Tbk                                                                            PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                     For the Years Ended
31 Desember 2024 dan 2023                                                                                   December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                    (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                      Otherwise Stated)


18. Aset Tetap                                                                     18. Property and Equipment

                                                                  Perubahan selama tahun 2024/
                                                                      Changes during 2024

                                    1 Januari/      Penambahan/          Pengurangan/         Reklasifikasi/          31 Desember/
                                 January 1, 2024      Additions           Deductions         Reclassification       December 31, 2024

    Biaya perolehan:                                                                                                                    Cost:
     Pemilikan langsung                                                                                                                  Direct ownership
        Tanah                    105.164.201.725                  -                     -        2.216.111.601        107.380.313.326      Land
                                                                                                                                           Buildings and land
       Bangunan dan prasarana    315.442.643.093    18.690.664.801          (566.336.543)         8.810.005.024       342.376.976.375         improvements
       Perbaikan ruangan          28.792.552.578     2.797.755.608          (159.239.999)        (6.815.227.301)       24.615.840.886      Leasehold improvements
       Sarana gedung               2.057.562.314     4.494.949.791                     -                      -         6.552.512.105      Building improvements
       Mesin dan peralatan       109.364.294.661     6.900.874.323          (218.942.737)                     -       116.046.226.247      Machinery and equipment
       Prasarana golf              8.642.063.460       339.870.912                     -                      -         8.981.934.372      Golf equipment
       Perlengkapan pusat
         kebugaran jasmani        13.043.373.687       438.170.724        (3.442.117.700)                    -         10.039.426.711      Fitness center equipment
       Kendaraan                  34.840.356.599       841.070.578          (513.690.909)                    -         35.167.736.268      Vehicles
       Peralatan kantor           95.253.530.358     9.176.946.362          (201.228.418)                    -        104.229.248.302      Office equipment
       Perabot kantor             44.209.249.065     2.112.046.303          (307.904.919)          225.250.000         46.238.640.449      Office furniture and fixtures
       Peralatan kantin            4.225.723.625        59.246.099                     -                     -          4.284.969.724      Canteen equipment
     Aset tetap dalam
       pembangunan                  1.550.451.339    5.503.422.235                      -        (2.381.464.706)        4.672.408.868    Construction in progress

    Jumlah                       762.586.002.504    51.355.017.736        (5.409.461.225)        2.054.674.618        810.586.233.633   Total

    Akumulasi penyusutan:                                                                                                               Accumulated depreciation:
     Pemilikan langsung                                                                                                                  Direct ownership
                                                                                                                                           Buildings and land
        Bangunan dan prasarana   117.276.040.236    17.144.568.762          (565.319.816)         1.066.936.870       134.922.226.052        improvements
        Perbaikan ruangan         19.719.297.719     2.540.702.213          (114.013.753)        (5.122.150.401)       17.023.835.778      Leasehold improvements
        Sarana gedung              1.105.926.053       365.796.784                     -                      -         1.471.722.837      Building improvements
        Mesin dan peralatan       78.529.596.141     7.197.519.122          (204.510.118)                     -        85.522.605.145      Machinery and equipment
        Prasarana golf             7.103.819.220        61.607.196                     -                      -         7.165.426.416      Golf equipment
        Perlengkapan pusat
          kebugaran jasmani       11.342.263.282       447.013.532        (3.007.795.739)                       -       8.781.481.075      Fitness center equipment
        Kendaraan                 32.460.798.819       753.610.835          (190.913.132)                       -      33.023.496.522      Vehicles
        Peralatan kantor          86.112.240.447     5.339.555.285          (172.695.492)                       -      91.279.100.240      Office equipment
        Perabot kantor            40.953.698.486     2.067.876.476          (304.787.847)                       -      42.716.787.115      Office furniture and fixtures
        Peralatan kantin           4.203.872.844        12.234.424                     -                        -       4.216.107.268      Canteen equipment

    Jumlah                       398.807.553.247    35.930.484.629        (4.560.035.897)        (4.055.213.531)      426.122.788.448   Total

    Nilai Tercatat               363.778.449.257                                                                      384.463.445.185   Net Carrying Value




                                                                          - 72 -
Page 374
PT INTILAND DEVELOPMENT Tbk                                                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                       For the Years Ended
31 Desember 2024 dan 2023                                                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                        Otherwise Stated)


                                                                   Perubahan selama tahun 2023/
                                                                       Changes during 2023

                                     1 Januari/      Penambahan/          Pengurangan/           Reklasifikasi/             31 Desember/
                                  January 1, 2023      Additions           Deductions           Reclassification          December 31, 2023

     Biaya perolehan:                                                                                                                            Cost:
      Pemilikan langsung                                                                                                                          Direct ownership
         Tanah                     43.997.062.741     3.178.875.001                      -        57.988.263.983               105.164.201.725      Land
                                                                                                                                                    Buildings and land
        Bangunan dan prasarana    173.495.713.200    23.389.628.095        (1.967.235.034)      120.524.536.832                315.442.643.093         improvements
        Perbaikan ruangan          26.778.091.760     2.298.960.018          (524.523.000)          240.023.800                 28.792.552.578      Leasehold improvements
        Sarana gedung               3.010.662.528        25.109.363                     -          (978.209.577)                 2.057.562.314      Building improvements
        Mesin dan peralatan       104.394.382.799     5.010.944.335           (79.409.500)           38.377.027                109.364.294.661      Machinery and equipment
        Prasarana golf              8.615.355.359                 -                     -            26.708.101                  8.642.063.460      Golf equipment
        Perlengkapan pusat
          kebugaran jasmani        12.838.393.792       193.624.895                     -              11.355.000               13.043.373.687      Fitness center equipment
        Kendaraan                  35.229.895.049       925.134.459        (1.314.672.909)                      -               34.840.356.599      Vehicles
        Peralatan kantor           86.026.291.332     9.326.408.516        (1.131.158.331)          1.031.988.841               95.253.530.358      Office equipment
        Perabot kantor             41.372.181.662     3.388.742.893          (742.181.640)            190.506.150               44.209.249.065      Office furniture and fixtures
        Peralatan kantin            4.214.699.869        13.425.856            (2.402.100)                      -                4.225.723.625      Canteen equipment
      Aset tetap dalam
        pembangunan                  2.336.487.316    2.840.868.982                      -          (3.626.904.959)              1.550.451.339    Construction in progress

     Jumlah                       542.309.217.407    50.591.722.413        (5.761.582.514)      175.446.645.198                762.586.002.504   Total

     Akumulasi penyusutan:                                                                                                                       Accumulated depreciation:
      Pemilikan langsung                                                                                                                          Direct ownership
                                                                                                                                                    Buildings and land
         Bangunan dan prasarana   104.648.635.906    14.234.920.581        (1.607.516.251)                      -              117.276.040.236        improvements
         Perbaikan ruangan         17.338.730.594     2.653.756.791          (273.189.666)                      -               19.719.297.719      Leasehold improvements
         Sarana gedung              1.344.218.086       100.381.176                     -            (338.673.209)               1.105.926.053      Building improvements
         Mesin dan peralatan       72.219.657.684     6.389.347.957           (79.409.500)                      -               78.529.596.141      Machinery and equipment
         Prasarana golf             7.079.383.251        24.435.969                     -                       -                7.103.819.220      Golf equipment
         Perlengkapan pusat
           kebugaran jasmani       10.669.891.042       672.372.240                     -                       -               11.342.263.282      Fitness center equipment
         Kendaraan                 33.008.622.699       766.849.029        (1.314.672.909)                      -               32.460.798.819      Vehicles
         Peralatan kantor          81.697.047.795     5.123.904.571        (1.047.385.128)            338.673.209               86.112.240.447      Office equipment
         Perabot kantor            39.126.305.159     2.484.589.074          (657.195.747)                      -               40.953.698.486      Office furniture and fixtures
         Peralatan kantin           4.175.720.845        28.992.734              (840.735)                      -                4.203.872.844      Canteen equipment

     Jumlah                       371.308.213.061    32.479.550.122        (4.980.209.936)                         -           398.807.553.247   Total

     Nilai Tercatat               171.001.004.346                                                                              363.778.449.257   Net Carrying Value



   Jumlah beban penyusutan dialokasikan sebagai                                           Depreciation expense was allocated as follows:
   berikut:

                                                               2024                          2023

    Beban pokok penjualan dan beban langsung                31.328.767.116               27.588.712.258                Cost of sales and direct expenses
    Beban umum dan administrasi (Catatan 39)                 4.601.717.513                4.890.837.864                General and administrative expenses (Note 39)

    Jumlah                                                  35.930.484.629               32.479.550.122                Total


   Pengurangan selama tahun 2024 dan 2023                                                 Deductions in 2024 and 2023 represent sales and
   merupakan penjualan dan penghapusan aset tetap.                                        write off of property and equipment. Property and
   Nilai tercatat aset tetap yang dihapus masing-                                         equipment      with    net  carrying   value    of
   masing pada tahun 2024 dan 2023 sebesar                                                Rp 86,398,543 and Rp 445,111,922 in 2024 and
   Rp 86.398.543 dan Rp 445.111.922 yang dicatat                                          2023, respectively, have been disposed and
   sebagai beban lain-lain. Adapun perincian penjualan                                    charged to other expenses. The details of sale of
   aset tetap sebagai berikut:                                                            property and equipment follows:

                                                               2024                          2023

    Harga jual                                               1.145.411.365                1.172.349.011                Selling price
    Nilai tercatat                                            (760.988.804)                (336.260.656)               Net carrying value

    Keuntungan atas penjualan                                  384.422.561                   836.088.355               Gain on sale




                                                                         - 73 -
Page 375
PT INTILAND DEVELOPMENT Tbk                                                   PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2024 dan 2023                                                          December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                           (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                             Otherwise Stated)


   Pengurangan aset tetap di tahun 2024 termasuk                 The deduction in property and equipment in 2024
   aset tetap entitas anak yang dilepas yaitu                    include the carrying amount of the disposed
   PT Dinamika Kencana Mandiri dengan biaya                      subsidiary, PT Dinamika Kencana Mandiri, with
   perolehan sebesar Rp 33.965.000 dan akumulasi                 cost amounting to Rp 33,965,000 and
   penyusutan sebesar Rp 31.927.019 pada tanggal                 accumulated     depreciation     amounting    to
   pelepasan.                                                    Rp 31,927,019 at the date of disposal.

   Pada tahun 2024, aset tetap dengan nilai tercatat             In 2024, property and equipment with total
   sebesar Rp 6.109.888.149 direklasifikasi dari                 carrying value of Rp 6,109,888,149 was
   properti investasi (Catatan 17) karena adanya                 reclassified from investment properties (Note 17)
   perubahan penggunaan oleh manajemen.                          because there is a change in the purpose and use
                                                                 of these assets.

   Pada tahun 2023, aset tetap dengan nilai tercatat             In 2023, property and equipment with total
   sebesar Rp 175.446.645.198 direklasifikasi dari               carrying value of Rp 175,446,645,198 was
   bangunan yang siap dijual (Catatan 9) karena                  reclassified from ready-for-sale buildings (Note 9)
   adanya perubahan penggunaan oleh manajemen.                   because there is a change in the purpose and use
                                                                 of these assets.

   Aset tetap dalam pembangunan merupakan                        Construction in progress pertains to buildings and
   bangunan dan prasarana yang sedang dibangun                   improvements being constructed by the Group,
   oleh Grup, yang diperkirakan akan selesai tahun               which are estimated to be completed in 2025. As
   2025. Pada tanggal 31 Desember 2024, tingkat                  of December 31, 2024, the average percentage of
   penyelesaian bangunan dalam konstruksi tersebut               completion of building under construction is 90%.
   rata-rata 90%.

   Grup memiliki beberapa bidang tanah antara lain               The Group owns several parcels of land located in
   terletak di Jakarta, Tangerang, dan Surabaya                  Jakarta, Tangerang and Surabaya with Building
   dengan hak legal berupa Hak Guna Bangunan                     Use Rights (Hak Guna Bangunan or HGB)
   (HGB) yang berjangka waktu antara 20 dan                      ranging from 20 to 30 years and will expire
   30 tahun yang jatuh tempo antara tahun 2029 dan               between 2029 to 2044. Management believes that
   2044. Manajemen berpendapat tidak terdapat                    there will be no difficulty in the extension of the
   masalah dengan perpanjangan hak atas tanah                    terms of land rights since all the land were
   karena seluruh tanah diperoleh secara sah dan                 acquired legally and supported by sufficient
   didukung dengan bukti pemilikan yang memadai.                 evidence of ownership.

   Aset tetap, kecuali tanah, telah diasuransikan                Property and equipment, except land, are insured
   kepada PT Asuransi Bina Dana Arta, PT Asuransi                with PT Asuransi Bina Dana Arta, PT Asuransi
   Astra Buana, PT Asuransi Central Asia,                        Astra Buana, PT Asuransi Central Asia,
   PT Insurance Broking Services, PT Asuransi Multi              PT Insurance Broking Services, PT Asuransi Multi
   Artha Guna Tbk, PT Chubb General Insurance                    Artha Guna Tbk, PT Chubb General Insurance
   Indonesia, PT Sampo Insurance Indonesia, pihak-               Indonesia, PT Sampo Insurance Indonesia, third
   pihak ketiga, terhadap risiko kebakaran, pencurian            parties, against fire, theft and other possible risks
   dan risiko lainnya dengan jumlah pertanggungan                for Rp 706,107,094,135 and US$ 6,164,108 as of
   sebesar Rp 706.107.094.135 dan USD 6.164.108                  December 31, 2024 and Rp 724,521,044,917 and
   pada     tanggal   31     Desember    2024    dan             US$ 6,164,108 as of December 31, 2023,
   Rp 724.521.044.917 dan USD 6.164.108 pada                     respectively. Management believes that the
   tanggal    31    Desember      2023.   Manajemen              insurance coverages are adequate to cover
   berpendapat bahwa nilai pertanggungan tersebut                possible losses on the assets insured.
   cukup untuk menutup kemungkinan kerugian atas
   aset yang dipertanggungkan.




                                                        - 74 -
Page 376
PT INTILAND DEVELOPMENT Tbk                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                   Otherwise Stated)


    Tanah, bangunan dan kendaraan sebesar                             Certain land, buildings and vehicles amounting to
    Rp 67.735.198.963 dan Rp 68.970.599.676 masing-                   Rp 67,735,198,963 and Rp 68,970,599,676 as of
    masing pada tanggal 31 Desember 2024 dan 2023                     December 31, 2024 and 2023, respectively,
    digunakan sebagai jaminan atas utang bank yang                    are used as collateral for the bank loans from
    diperoleh dari beberapa bank (Catatan 21) dan                     several banks (Note 21) and consumer finance
    utang pembiayaan konsumen (Catatan 29).                           payables (Note 29).

    Manajemen berpendapat bahwa tidak terdapat                        As of December 31, 2024 and 2023, management
    penurunan nilai atas aset tetap pada tanggal                      believes that there is no impairment in values of
    31 Desember 2024 dan 2023.                                        the aforementioned property and equipment.


19. Goodwill - Bersih                                              19. Goodwill - Net

    Akun ini merupakan selisih lebih biaya perolehan                  This account represents the excess of the
    atas bagian nilai wajar aset bersih entitas anak,                 acquisition cost over interest in the fair value of
    yang timbul dari akuisisi THI dan IG dengan jumlah                the net assets of acquired subsidiary, THI and IG,
    Rp 6.184.505.653 pada tanggal 31 Desember 2024                    at the amount of Rp 6,184,505,653 as of
    and 2023.                                                         December 31, 2024 and 2023.

    Uji Penurunan Nilai Goodwill                                      Impairment Test for Goodwill

    Goodwill yang diperoleh melalui kombinasi bisnis                  Goodwill acquired through business combination
    dialokasikan ke Unit Penghasil Kas (UPK) individu,                has been allocated to Real Estate Cash
    yang juga merupakan segmen dilaporkan, untuk                      Genarating Unit (CGU), which is also a reportable
    tujuan uji penurunan nilai, yaitu UPK Real Estat.                 segment, for impairment testing.

    Nilai terpulihkan dari UPK-UPK di atas ditentukan                 The recoverable amount of the above CGU has
    berdasarkan perhitungan nilai pakai. Nilai pakai                  been determined based on value-in-use
    ditentukan dengan mendiskontokan arus kas masa                    calculations. Value in use was determined by
    depan yang diharapkan akan dihasilkan dari                        discounting the future cash flows expected to be
    pemakaian berkelanjutan atas UPK-UPK tersebut.                    generated from the continuing use of the unit.
    Perhitungan     nilai  pakai berdasarkan     pada                 The calculation of the value in use was based on
    asumsi-asumsi berikut:                                            the following key assumptions:

    •   Arus kas di masa depan ditentukan berdasarkan                 •   Future cash flows were based on the
        proyeksi penjualan persediaan real estat dan                      projected sales of real estate inventories and
        tanah untuk dikembangkan, estimasi biaya                          land for development. Other operational
        perolehan aset yang akan diakusisi. Beban                         expenses were estimated based on historical
        operasional lainnya diestimasi berdasarkan data                   rate and expectations on market development.
        historis.

    •   Tingkat diskonto sebelum pajak yang digunakan                 •   Pre-tax discount rate of 8.08% and 9.90% in
        untuk menghitung jumlah terpulihkan adalah                        2024 and 2023 was applied in determining the
        sebesar 8,08% dan 9,90% untuk tahun 2024 dan                      recoverable amounts. This discount rate was
        2023.     Tingkat   diskonto   ini  diestimasi                    determined based on the weighted average
        berdasarkan rata-rata tertimbang biaya modal                      cost of capital allocated by the Group to this
        yang dialokasikan oleh Grup kepada UPK-UPK                        unit.
        tersebut.

    Asumsi utama sebagaimana dijelaskan di atas dapat                 The key assumptions described above may
    berubah sejalan dengan perubahan kondisi ekonomi                  change as economic and market conditions
    dan    pasar.    Grup      memperkirakan   bahwa                  change. The Group estimates that reasonably
    kemungkinan perubahan asumsi ini tidak akan                       possible changes in these assumptions would not
    mengakibatkan nilai tercatat dari masing-masing                   cause the carrying value of each CGU to
    UPK tersebut melebihi nilai terpulihkannya secara                 materially exceed its recoverable amount. Thus,
    material. Oleh karena itu, manajemen berkeyakinan                 as of December 31, 2024 and 2023, management
    bahwa tidak terdapat penurunan nilai atas goodwill                believes that there is no impairment in the
    tersebut pada tanggal 31 Desember 2024 dan 2023.                  carrying value of goodwill.

                                                          - 75 -
Page 377
PT INTILAND DEVELOPMENT Tbk                                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                For the Years Ended
31 Desember 2024 dan 2023                                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                 Otherwise Stated)


20. Aset Lain-lain                                                            20. Other Assets
                                                         2024                    2023

    Jaminan                                             1.446.523.511           1.096.316.511       Deposits
    Lain-lain                                                 177.263              62.376.705       Others

    Jumlah                                              1.446.700.774           1.158.693.216       Total




21. Utang Bank                                                                21. Bank Loans

                                                             2024                   2023

    Utang bank jangka pendek                                                                           Short-term bank loans
       PT Bank Mayapada International Tbk                703.771.733.363         723.684.722.211          PT Bank Mayapada International Tbk
       PT Bank Pan Indonesia Tbk                         230.092.699.607         241.796.623.969          PT Bank Pan Indonesia Tbk
       PT Bank China Construction Bank                                                                    PT Bank China Construction Bank
           Indonesia Tbk                                  40.064.116.223          49.045.918.297              Indonesia Tbk
       PT Bank Victoria International Tbk                 16.131.771.978          28.708.837.033          PT Bank Victoria International Tbk
       PT Bank Permata Tbk                                16.000.000.000          22.500.000.000          PT Bank Permata Tbk
       PT Bank JTrust Indonesia                           14.770.998.887                       -          PT Bank JTrust Indonesia
       PT Bank Central Asia Tbk                           13.079.333.913          10.000.000.000          PT Bank Central Asia Tbk
       PT Bank IBK Indonesia Tbk                          10.963.258.552          10.000.000.000          PT Bank IBK Indonesia Tbk
       PT Bank MNC Internasional Tbk                       1.000.000.000         165.000.000.000          PT Bank MNC Internasional Tbk
    Jumlah                                              1.045.873.912.523      1.250.736.101.510       Total
    Biaya transaksi yang belum diamortisasi                  (317.864.447)        (1.856.491.928)      Unamortized transaction costs

    Jumlah Utang Bank Jangka Pendek - Bersih            1.045.556.048.076      1.248.879.609.582       Total Short-term Bank Loans - Net

    Utang bank jangka panjang                                                                          Long-term bank loans
       Jatuh tempo lebih dari satu tahun                                                                  Long-term portion
           Sindikasi                                                                                          Syndicated
              PT Bank Negara Indonesia (Persero) Tbk    1.359.417.932.843      1.314.769.456.317                 PT Bank Negara Indonesia (Persero) Tbk
              PT Bank Central Asia Tbk                    971.145.984.264        941.427.033.760                 PT Bank Central Asia Tbk
           PT Bank JTrust Indonesia                       222.916.666.665         66.666.666.664              PT Bank JTrust Indonesia
           PT Bank MNC Internasional Tbk                  149.500.000.000                      -              PT Bank MNC Internasional Tbk
           PT Bank Woori Saudara Indonesia 1906 Tbk        83.970.763.500        193.520.763.500              PT Bank Woori Saudara Indonesia 1906 Tbk
           PT Bank China Construction Bank                                                                    PT Bank China Construction Bank
              Indonesia Tbk                               83.399.999.999         150.695.591.373                 Indonesia Tbk
           PT Bank Pan Indonesia Tbk                      40.154.121.002          95.359.320.246              PT Bank Pan Indonesia Tbk
           PT Bank Victoria International Tbk              8.000.000.000          92.861.286.838              PT Bank Victoria International Tbk
           PT Bank UOB Indonesia                           5.348.382.805           6.047.628.195              PT Bank UOB Indonesia
       Jumlah                                           2.923.853.851.078      2.861.347.746.893            Subtotal
       Biaya transaksi yang belum diamortisasi           (358.966.408.841)       (69.628.828.704)           Unamortized transaction costs
       Bersih                                           2.564.887.442.237      2.791.718.918.189            Net

       Jatuh tempo dalam satu tahun                                                                         Current portion
           Sindikasi                                                                                            Syndicated
               PT Bank Negara Indonesia (Persero) Tbk     12.619.069.419          61.502.929.213                   PT Bank Negara Indonesia (Persero) Tbk
               PT Bank Central Asia Tbk                    9.014.857.231          44.040.108.274                   PT Bank Central Asia Tbk
           PT Bank Woori Saudara Indonesia 1906 Tbk       60.500.000.000          36.300.000.000                PT Bank Woori Saudara Indonesia 1906 Tbk
           PT Bank Victoria International Tbk             52.012.000.000          30.808.000.000                PT Bank Victoria International Tbk
           PT Bank JTrust Indonesia                       20.123.781.117          25.000.000.000                PT Bank JTrust Indonesia
           PT Bank China Construction Bank                                                                      PT Bank China Construction Bank
               Indonesia Tbk                              17.200.000.000          26.593.339.652                   Indonesia Tbk
           PT Bank UOB Indonesia                             699.245.393             536.516.854                PT Bank UOB Indonesia
           PT Bank Pan Indonesia Tbk                                   -           2.152.530.843                PT Bank Pan Indonesia Tbk
       Jumlah                                            172.168.953.160         226.933.424.836            Subtotal
       Biaya transaksi yang belum diamortisasi           (46.425.706.945)        (35.124.277.142)           Unamortized transaction costs
       Bersih                                            125.743.246.215         191.809.147.694            Net

    Suku bunga per tahun                                                                               Interest rates per annum
       Utang bank jangka pendek                         9,00% - 12,00%         9,50% - 12,00%              Short-term bank loans
       Utang bank jangka panjang                        7,50% - 12,00%         9,00% - 11,00%              Long-term bank loans




                                                                     - 76 -
Page 378
PT INTILAND DEVELOPMENT Tbk                                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
31 Desember 2024 dan 2023                                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                        Otherwise Stated)


   Penjelasan pokok perjanjian pinjaman sebagai                            A summary of the respective loan agreements
   berikut:                                                                follows:

   PT Bank Mayapada International Tbk (Mayapada)                           PT Bank Mayapada International Tbk (Mayapada)

                                                 2024                   2023
    PT Taman Harapan Indah (THI)                                                     PT Taman Harapan Indah (THI)
       Pinjaman tetap                        214.000.000.000       214.000.000.000      Fixed loan
       On demand                             200.000.000.000       200.000.000.000      On demand
       Pinjaman rekening koran                19.657.108.271        19.818.053.199      Bank overdraft
    PT Intiland Grande (IG)                                                          PT Intiland Grande (IG)
       Pinjaman tetap                        120.500.000.000       120.500.000.000      Fixed loan
       Pinjaman rekening koran                24.614.625.092        24.542.355.000      Bank overdraft
    Perusahaan                                                                       Company
       Pinjaman tetap                        125.000.000.000       125.000.000.000      Fixed loan
    PT Perkasalestari Permai (PLP)                                                   PT Perkasalestari Permai (PLP)
       Pinjaman rekening koran                             -        19.824.314.012      Bank overdraft

    Jumlah                                   703.771.733.363       723.684.722.211   Total


   THI                                                                     THI

   Pada tanggal 5 Agustus 2016, THI memperoleh                            On August 5, 2016, THI obtained loan facilities
   fasilitas pinjaman berupa pinjaman tetap dan                           which consist of fixed loan and bank overdraft with
   rekening koran dengan jumlah maksimum masing-                          maximum amounts of Rp 210 billion and
   masing sebesar Rp 210 miliar dan Rp 20 miliar.                         Rp 20 billion, respectively. On October 24, 2017,
   Pada tanggal 24 Oktober 2017, THI memperoleh                           THI obtained a new loan facility in the form of
   fasilitas pinjaman baru berupa demand loan dengan                      demand loan with maximum amount of
   jumlah maksimum sebesar Rp 200 miliar. Fasilitas-                      Rp 200 billion. These facilities have been
   fasilitas ini telah diperpanjang beberapa kali, terakhir               extended several times, and the latest is valid until
   sampai dengan tanggal 16 Februari 2026.                                February 16, 2026.

   Berdasarkan Akta Persesuaian No. 20 dari Sunarni,                       Based on the Conformity Deed No. 20 from
   SH., notaris di Jakarta, tanggal 16 Desember 2022,                      Sunarni, SH., a notary in Jakarta, dated
   THI memperoleh tambahan fasilitas pinjaman tetap                        December 16, 2022, THI obtained an additional
   sebesar Rp 4 milyar. Fasilitas ini telah diperpanjang                   fixed loan facility amounting to Rp 4 billion. This
   beberapa kali, terakhir sampai dengan tanggal                           facility has been extended several times, and the
   16 Februari 2026.                                                       latest is valid until February 16, 2026.

   Seluruh pinjaman ini dijamin dengan beberapa                            All of these loans are secured by several parcels
   bidang tanah milik THI yang berlokasi di Serang,                        of land owned by THI located in Serang, Banten
   Banten (Catatan 14).                                                    (Note 14).

   THI diwajibkan untuk memenuhi beberapa syarat                           In relation to these credit facilities, THI is required
   perjanjian pinjaman, diantaranya pembatasan THI                         to fulfill certain covenants, among others,
   untuk mengubah anggaran dasar, susunan Direksi                          restrictions to change the articles of association,
   dan Komisaris serta para pemegang saham; dan                            the Board of Directors and Commissioners and
   menambah penyertaan atau investasi pada                                 shareholders;      and    investments       in    other
   perusahaan lain. Pada tanggal 31 Desember 2024                          companies. As of December 31, 2024 and 2023,
   dan 2023, THI telah memenuhi syarat-syarat                              THI has complied with the covenants.
   perjanjian yang ada.




                                                               - 77 -
Page 379
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


   IG                                                               IG

   Pada tanggal 12 Juli 2012, PT Intiland Grande (IG),              On July 12, 2012, PT Intiland Grande (IG),
   entitas anak, memperoleh fasilitas pinjaman                      a subsidiary, obtained loan facilities in
   rekening koran dan pinjaman tetap dari Mayapada                  the form of bank overdraft and fixed loan
   dengan jumlah maksimal masing-masing sebesar                     from Mayapada with maximum amounts of
   Rp 25 milyar dan Rp 50 milyar. Pada tanggal                      Rp 25 billion and Rp 50 billion respectively. On
   29 Juni 2015, jumlah maksimum fasilitas                          June 29, 2015, the facility’s maximum amount of
   ditingkatkan menjadi sebesar Rp 300 milyar untuk                 fixed loan has been increased to Rp 300 billion.
   pinjaman tetap. Pada tanggal 13 Juli 2023, jumlah                On July 13, 2023, the facility’s maximum amount
   maksimum fasilitas pinjaman tetap diturunkan                     of fixed loan has been decreased to
   menjadi sebesar Rp 174 milyar. Fasilitas ini telah               Rp 174 billion. These facilities have been
   diperpanjang beberapa kali, terakhir sampai dengan               extended several times, and the latest is valid
   tanggal 16 Juli 2024.                                            until July 16, 2024.

   Pinjaman ini dijamin dengan beberapa bidang tanah                The loans are secured by several parcels of land
   yang dimiliki oleh PT Taman Harapan Indah, entitas               owned by PT Taman Harapan Indah, a
   anak.                                                            subsidiary.

   IG diwajibkan untuk memenuhi beberapa syarat                     In relation to these credit facilities, IG is required
   perjanjian pinjaman, diantaranya pembatasan IG                   to fulfill certain covenants, among others,
   untuk mengubah anggaran dasar, susunan Direksi                   restrictions to change the articles of association,
   dan Komisaris serta para pemegang saham; dan                     the Board of Directors and Commissioners and
   menambah penyertaan atau investasi pada                          shareholders;     and    investments        in   other
   perusahaan lain. Pada tanggal 31 Desember 2024                   companies. As of December 31, 2024 and 2023,
   dan 2023, IG telah memenuhi syarat-syarat                        IG has complied with the covenants.
   perjanjian yang ada.

   Fasilitas ini telah dilunasi pada tanggal 28 Februari            This facility was fully paid on February 28, 2025.
   2025.

   Perusahaan                                                       The Company

   Pada tanggal 4 Juni 2018, Perusahaan memperoleh                  On June 4, 2018, The Company obtained a fixed
   fasilitas pinjaman tetap dengan jumlah maksimum                  loan facility with maximum amount of
   sebesar Rp 150 milyar. Pada tanggal 15 Juni 2022,                Rp 150 billion. On June 15, 2022, the facility’s
   jumlah maksimum fasilitas diturunkan menjadi                     maximum amount of fixed loan has been
   sebesar Rp 125 milyar. Fasilitas ini telah                       decreased to Rp 125 billion. This facility has been
   diperpanjang beberapa kali, terakhir sampai dengan               extended several times, and the latest is valid
   tanggal 7 Januari 2025.                                          until January 7, 2025.

   Pinjaman ini dijamin dengan dua bidang tanah                     This loan is secured by two parcels of land with
   masing-masing seluas 14.992 m2 dan 15.670 m2                     an area of 14,992 sqm and 15,670 sqm,
   yang terletak di Serang, Banten milik THI, entitas               respectively, which is located in Serang, Banten
   anak (Catatan 14) dan jaminan pribadi dari Hendro                owned by THI, a subsidiary (Note 14) and
   Santoso Gondokusumo, pihak berelasi (Catatan 45).                personal guarantee from Hendro Santoso
   Tidak terdapat kewajiban yang harus dipenuhi                     Gondokusumo (Note 45). There are no
   sehubungan dengan adanya jaminan pribadi                         obligations that must be fulfilled in connection with
   tersebut.                                                        the personal guarantee.

   Perusahaan diwajibkan untuk memenuhi beberapa                    In relation to these credit facilities, the Company
   syarat perjanjian pinjaman, diantaranya pembatasan               is required to fulfill certain covenants, among
   Perusahaan untuk mengubah anggaran dasar,                        others, restrictions to change the articles of
   susunan Direksi dan Komisaris serta para                         association, the Board of Directors and
   pemegang saham; dan menambah penyertaan atau                     Commissioners        and      shareholders;     and
   investasi pada perusahaan lain. Pada tanggal                     investments in other companies. As of
   31 Desember 2024 dan 2023, Perusahaan telah                      December 31, 2024 and 2023, the Company has
   memenuhi syarat-syarat perjanjian yang ada.                      complied with the covenants.



                                                           - 78 -
Page 380
PT INTILAND DEVELOPMENT Tbk                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                   Otherwise Stated)


   Fasilitas ini telah dilunasi pada tanggal 20 Februari              This facility was fully paid on February 20, 2025.
   2025.

   PLP                                                                PLP

   Pada tanggal 19 Oktober 2015, PLP memperoleh                       On October 19, 2015, PLP obtained bank
   fasilitas pinjaman berupa pinjaman rekening koran                  overdraft facility with maximum amount of
   dengan jumlah maksimum sebesar Rp 20 milyar.                       Rp 20 billion This facility has been extended
   Fasilitas ini telah diperpanjang beberapa kali,                    several times, and the latest is valid until
   terakhir sampai dengan tanggal 21 Januari 2025.                    January 21, 2025. This loan is secured by several
   Pinjaman ini dijamin dengan beberapa bidang tanah                  parcels of land owned by THI located in Serang,
   milik THI yang berlokasi di Serang, Banten                         Banten (Note 14) and PLP’s assets up to Rp 375
   (Catatan 14) dan harta kekayaan milik PLP sampai                   billion. This facility was fully paid on May 16, 2024.
   sebesar Rp 375 milyar. Fasilitas ini telah dilunasi
   pada tanggal 16 Mei 2024.

   PLP diwajibkan untuk memenuhi beberapa syarat                      In relation to these credit facilities, PLP is required
   perjanjian pinjaman, diantaranya pembatasan PLP                    to fulfill certain covenants, among others,
   untuk mengubah anggaran dasar, susunan Direksi                     restrictions to change the articles of association,
   dan Komisaris serta para pemegang saham; dan                       the Board of Directors and Commissioners and
   menambah penyertaan atau investasi pada                            shareholders;      and    investments       in    other
   perusahaan lain. Pada tanggal 31 Desember 2023,                    companies. As of December 31, 2023, PLP has
   PLP telah memenuhi syarat-syarat perjanjian yang                   complied with the covenants.
   ada.

   PT Bank Pan Indonesia Tbk                                          PT Bank Pan Indonesia Tbk

                                                 2024                  2023

    Utang bank jangka pendek                                                           Short-term bank loans
       PT Sinar Puspapersada (SPP)                                                        PT Sinar Puspapersada (SPP)
           Pinjaman berulang                  120.000.000.000       120.000.000.000           Time revolving
           Pinjaman rekening koran              8.694.917.577         8.250.279.788           Overdraft
       PT Taman Harapan Indah (THI)                                                       PT Taman Harapan Indah (THI)
           Pinjaman berulang                   47.400.000.000        60.600.000.000           Time revolving
           Pinjaman rekening koran              9.449.899.913         9.057.618.053           Overdraft
       PT Perkasalestari Permai (PLP)                                                     PT Perkasalestari Permai (PLP)
           Pinjaman berulang                   35.000.000.000        35.000.000.000           Time revolving
           Pinjaman rekening koran              9.547.882.117         8.888.726.128           Overdraft

    Jumlah                                    230.092.699.607       241.796.623.969    Total
    Biaya transaksi yang belum diamortisasi      (317.864.447)       (1.829.528.737)   Unamortized transaction costs

    Bersih                                    229.774.835.160       239.967.095.232    Net

    Utang bank jangka panjang                                                          Long-term bank loans
       THI                                     40.154.121.002        84.064.952.207       THI
       PT Perkasalestari Utama (PLU)                        -        13.446.898.882       PT Perkasalestari Utama (PLU)

    Jumlah                                     40.154.121.002        97.511.851.089    Total

    Jatuh tempo jangka pendek                               -        (2.152.530.843)   Current portion
    Jatuh tempo lebih dari satu tahun          40.154.121.002        95.359.320.246    Long-term portion
    Biaya transaksi yang belum diamortisasi       (51.213.482)         (920.709.381)   Unamortized transaction costs

    Bersih                                     40.102.907.520        94.438.610.865    Net




                                                           - 79 -
Page 381
PT INTILAND DEVELOPMENT Tbk                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                Otherwise Stated)


    SPP                                                             SPP

    Pada tanggal 19 September 2014, SPP, entitas                    On September 19, 2014, SPP, a subsidiary,
    anak, memperoleh fasilitas kredit berupa pinjaman               obtained credit facilities in the form of revolving
    berulang dan pinjaman rekening koran dengan                     loan and an overdraft facility with maximum
    maksimum pinjaman masing-masing sebesar                         loanable amounts of Rp 50 billion and
    Rp 50 milyar dan Rp 10 milyar. Pada tanggal                     Rp 10 billion, respectively. On April 6, 2017, SPP
    6 April 2017, SPP memperoleh fasilitas kredit                   obtained credit facilities in the form of revolving
    berupa pinjaman berulang dengan maksimum                        loan with maximum loanable amounts of
    pinjaman sebesar Rp 70 milyar. Fasilitas-fasilitas              Rp 70 billion. These facilities have been extended
    ini telah diperpanjang beberapa kali, terakhir                  several times, and the latest is valid until
    sampai dengan 19 Februari 2025. Seluruh fasilitas               February 19, 2025. All facilities are currently in the
    tersebut saat ini sedang dalam proses                           process of extending the facilities.
    perpanjangan.

    Pinjaman ini dijamin dengan beberapa tanah milik                These loans are secured with parcels of land
    PT Inti Gria Perwira, PT Intiland Grande, dan                   owned by PT Inti Gria Perwira, PT Intiland
    PT Intiland Sejahtera, entitas-entitas anak, yang               Grande, and PT Intiland Sejahtera, subsidiaries,
    terletak di Jakarta dan Surabaya (Catatan 9,                    located in Jakarta and Surabaya (Notes 9, 14,
    14, dan 18).                                                    and 18).

    SPP diwajibkan untuk memenuhi beberapa syarat                   In relation to these credit facilities, SPP is required
    perjanjian pinjaman, diantaranya pembatasan SPP                 to fulfill certain covenants, among others,
    untuk meminjam dari atau meminjamkan uang                       restrictions for borrowing from or lending money to
    kepada pihak ketiga siapapun, selain yang                       any third party, other than those related to SPP’s
    bertalian dengan usaha sehari-hari dari SPP;                    day-to-day business; act as guarantor for third
    bertindak sebagai penjamin atas utang pihak                     party debts; and renting or selling the land and
    ketiga; dan menyewakan atau menjual atau                        buildings which are given as collateral in any form
    menjaminkan tanah dan bangunan yang diberikan                   to third parties. As of December 31, 2024 and
    sebagai jaminan dalam bentuk apapun juga kepada                 2023, SPP has complied with these covenants.
    pihak ketiga. Pada tanggal 31 Desember 2024 dan
    2023, SPP telah memenuhi syarat-syarat perjanjian
    yang ada.

    THI                                                             THI

    THI, entitas anak, memiliki Fasilitas Kredit berupa             THI, a subsidiary, obtained credit facilities in the
    pinjaman rekening koran, pinjaman berulang 1, 2,                form of an overdraft, revolving loan 1, 2, and 3
    dan 3 dengan maksimum pinjaman masing-masing                    with maximum loan amounting to Rp 10 billion,
    sebesar Rp 10 milyar, Rp 35 milyar, Rp 30 milyar,               Rp 35 billion, Rp 30 billion, and Rp 17.3 billion,
    dan Rp 17,3 milyar. Pada tahun 2024, pinjaman                   respectively. In 2024, revolving loan 1 and 3 had
    berulang 1 dan 3 mengalami penurunan jumlah                     decreased its maximum loan facilities to Rp 17.4
    maksimum pinjaman masing-masing menjadi                         billion and Rp 16 billion, respectively. These
    sebesar Rp 17,4 milyar dan Rp 16 milyar. Seluruh                facilities have been extended several times, and
    fasilitas pinjaman telah diperpanjang beberapa kali,            the latest is valid until April 5, 2025. These
    terakhir sampai dengan 5 April 2025. Seluruh                    facilities are secured with land in Cilegon and land
    pinjaman dijamin dengan kavling tanah di Cilegon                in Semanan Residences (Notes 9 and 14). All
    dan di Perumahan Semanan (Catatan 9 dan 14).                    these lands are owned by THI.
    Seluruh jaminan tanah atas nama THI.

    Pada tanggal 26 Oktober 2017, THI mendapat                      On October 26, 2017, THI obtained an additional
    tambahan fasilitas pinjaman berupa Rp 120 milyar                credit facilities in the form of Rp 120 billion fixed
    pinjaman tetap dan Rp 9 milyar pinjaman jangka                  loan and Rp 9 billion middle term loan. These
    menengah. Fasilitas ini telah diperpanjang                      facilities have been extended several times, the
    beberapa     kali    terakhir  sampai     dengan                latest is valid until October 26, 2026. These
    26 Oktober 2026. Pinjaman ini dijamin dengan                    facilities are secured with 16,753 square meters of
    tanah seluas 16.753 m2 yang terletak di Pantai                  land owned by THI and located in Pantai Mutiara,
    Mutiara, Jakarta milik THI (Catatan 9). Pinjaman                Jakarta (Note 9). The middle term loan amounting
    jangka menengah Rp 9 milyar telah dilunasi pada                 Rp 9 billion was fully paid on March 6, 2023.
    tanggal 6 Maret 2023.



                                                           - 80 -
Page 382
PT INTILAND DEVELOPMENT Tbk                                                     PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2024 dan 2023                                                            December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                             (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                               Otherwise Stated)


    Pada tanggal 27 Februari 2020, THI mendapat                    On February 27, 2020, THI obtained an additional
    tambahan fasilitas berupa Rp 19,5 milyar pinjaman              credit facility in the form of Rp 19.5 billion
    berulang 3 yang telah diperpanjang beberapa kali,              revolving loan 3 and has been extended several
    terakhir sampai dengan 5 April 2025. Fasilitas ini             times, the latest is valid until April 5, 2025. This
    dijamin dengan 12 unit rumah toko atas nama                    facility is secured with 12 shophouses owned by
    PT Selasih Safar, entitas anak (Catatan 9).                    PT Selasih Safar, a subsidiary (Note 9).

    Pada tanggal 26 April 2022, THI mendapatkan                    On April 26, 2022, THI obtained restructured
    restrukturisasi pembayaran bunga atas fasilitas                interest payment of overdraft and revolving loan 1,
    pinjaman rekening koran dan pinjaman berulang 1,               2, and 3 facilities. For 12 months since May 2022
    2, dan 3. Selama 12 bulan dari Mei 2022 sampai                 until April 2023 the interest payment rate is 7% per
    dengan April 2023 tingkat suku bunga yang                      annum and deferred interest of 3% per annum will
    dibayarkan adalah sebesar 7% per tahun dan                     be paid in 24 months installment from May 2023
    bunga ditangguhkan sebesar 3% per tahun dicicil                until April 2025.
    selama 24 bulan dari Mei 2023 sampai April 2025.

    THI diwajibkan untuk memenuhi beberapa syarat                  In relation to these credit facilities, THI is required
    perjanjian pinjaman, diantaranya pembatasan THI                to fulfill certain covenants, among others,
    untuk mengubah anggaran dasar dan susunan                      restrictions to change the articles of association
    para pemegang saham; dan menyewakan atau                       and composition of the shareholders; and renting
    menjual atau menjaminkan tanah dan bangunan                    or selling the land and buildings which are given
    yang diberikan sebagai jaminan dalam bentuk                    as collateral in any form to third parties. As of
    apapun juga kepada pihak ketiga. Pada tanggal                  December 31, 2024 and 2023, THI has complied
    31 Desember 2024 dan 2023, THI telah memenuhi                  with these covenants.
    syarat-syarat perjanjian yang ada.

    PLP                                                            PLP

    Pada tanggal 27 April 2016, PLP, entitas anak,                 On April 27, 2016, PLP, a subsidiary, obtained a
    mendapat Fasilitas Kredit berupa Rp 10 milyar                  Credit Facility in the form of Rp 10 billion overdraft
    pinjaman rekening koran dan Rp 35 milyar                       facility and Rp 35 billion revolving loan. These
    pinjaman berulang. Fasilitas ini telah diperpanjang            facilities have been extended several times, and
    beberapa kali, terakhir sampai dengan 27 April                 the latest is valid until April 27, 2025.
    2025.

    Pinjaman ini dijamin dengan tanah dan bangunan                 These facilities are secured with land and building
    atas nama THI yang terletak di perumahan Taman                 owned by THI, located in Taman Semanan Indah
    Semanan Indah, Jakarta (Catatan 9).                            residence, Jakarta (Note 9).

    Pada tanggal 23 Maret 2021, PLP mendapatkan                    On March 23, 2021, PLP obtained restructured
    restrukturisasi pembayaran bunga seluruh fasilitas             interest payment of all credit facilities. For
    pinjaman. Selama 12 bulan dari April 2021 sampai               12 months since April 2021 until March 2022 the
    dengan Maret 2022 tingkat suku bunga yang                      interest payment rate is 7% per annum and
    dibayarkan adalah sebesar 7% per tahun dan                     deferred interest of 3.75% per annum will be paid
    bunga ditangguhkan sebesar 3,75% per tahun                     in 24 months installment from April 2022 until
    dicicil selama 24 bulan dari April 2022 sampai                 March 2024.
    Maret 2024.

    Pada tanggal 25 April 2022, PLP mendapatkan                    On April 25, 2022, PLP obtained restructured
    restrukturisasi pembayaran bunga seluruh fasilitas             interest payment of all credit facilities. For
    pinjaman. Selama 12 bulan dari Mei 2022 sampai                 12 months since May 2022 until April 2023 the
    dengan April 2023 tingkat suku bunga yang                      interest payment rate is 7% per annum and
    dibayarkan adalah sebesar 7% per tahun dan                     deferred interest of 3% per annum will be paid in
    bunga ditangguhkan sebesar 3% per tahun dicicil                24 months installment from April 2023 until March
    selama 24 bulan dari April 2023 sampai Maret                   2025.
    2025.




                                                          - 81 -
Page 383
PT INTILAND DEVELOPMENT Tbk                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2024 dan 2023                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                              Otherwise Stated)


    PLP diwajibkan untuk memenuhi beberapa syarat                 In relation to these credit facilities, PLP is required
    perjanjian pinjaman, diantaranya pembatasan PLP               to fulfill certain covenants, among others,
    untuk meminjam dari atau meminjamkan uang                     restrictions for borrowing from or lending money to
    kepada pihak ketiga siapapun, selain yang                     any third party, other than those related to PLP’s
    bertalian dengan usaha sehari-hari dari PLP;                  day-to-day business; act as guarantor for third
    bertindak sebagai penjamin atas utang pihak                   party debts; and renting or selling the land and
    ketiga; dan menyewakan atau menjual atau                      buildings which are given as collateral in any form
    menjaminkan tanah dan bangunan yang diberikan                 to third parties. As of December 31, 2024 and
    sebagai jaminan dalam bentuk apapun juga kepada               2023, PLP has complied with these covenants.
    pihak ketiga. Pada tanggal 31 Desember 2024 dan
    2023, PLP telah memenuhi syarat-syarat perjanjian
    yang ada.

    PLU                                                           PLU

    Pada tanggal 1 November 2019, PLU, entitas anak,              On November 1, 2019, PLU, a subsidiary,
    mendapat Fasilitas Kredit dalam bentuk Pinjaman               obtained a Credit Facility in the form of Fixed
    Tetap   Modal     Angsuran    (PTMA)    sebesar               Loans    Installment   Capital   amounting   to
    Rp 25 milyar yang akan jatuh tempo pada tanggal               Rp 25 billion which will mature on November 1,
    1 November 2024 dan diperpanjang sampai                       2024 and extended until November 1, 2027.
    dengan tanggal 1 November 2027.

    Pinjaman ini dijamin dengan tanah di Talaga                   These facilities are secured with 67,860 square
    Bestari seluas 67.860 m2 milik PT Sinar                       meters of land located in Talaga Bestari owned by
    Puspapersada (Catatan 14).                                    PT Sinar Puspapersada (Note 14).

    Pada tanggal 23 Maret 2021, PLU mendapatkan                   On March 23, 2021, PLU obtained restructured
    restrukturisasi pembayaran bunga seluruh fasilitas            interest payment of all credit facilities. For
    pinjaman. Selama 12 bulan dari April 2021 sampai              12 months since April 2021 until March 2022 the
    dengan Maret 2022 tingkat suku bunga yang                     interest payment rate is 7% per annum and
    dibayarkan adalah sebesar 7% per tahun dan                    deferred interest of 3.75% per annum will be paid
    bunga ditangguhkan sebesar 3,75% per tahun                    in 24 months installment from April 2022 until
    dicicil selama 24 bulan dari April 2022 sampai                March 2024.
    Maret 2024.

    Pada tanggal 25 April 2022, PLU mendapatkan                   On April 25, 2022, PLU obtained restructured
    restrukturisasi pembayaran bunga seluruh fasilitas            interest payment of all credit facilities. For
    pinjaman. Selama 12 bulan dari Mei 2022 sampai                12 months since May 2022 until April 2023 the
    dengan April 2023 tingkat suku bunga yang                     interest payment rate is 7% per annum and
    dibayarkan adalah sebesar 7% per tahun dan                    deferred interest of 3% per annum will be paid in
    bunga ditangguhkan sebesar 3% per tahun dicicil               24 months installment from April 2023 until
    selama 24 bulan dari April 2023 sampai Maret                  March 2025.
    2025.

    Fasilitas ini telah dilunasi pada tanggal 16 Mei              This facility was fully paid on May 16, 2024.
    2024.

    PLU diwajibkan untuk memenuhi beberapa syarat                 In relation to these credit facilities, PLU is required
    perjanjian pinjaman, diantaranya pembatasan PLU               to fulfill certain covenants, among others,
    untuk meminjam dari atau meminjamkan uang                     restrictions for borrowing from or lending money to
    kepada pihak ketiga siapapun, selain yang                     any third party, other than those related to PLU’s
    bertalian dengan usaha sehari-hari dari PLU;                  day-to-day business; act as guarantor for third
    bertindak sebagai penjamin atas utang pihak                   party debts; and renting or selling the land and
    ketiga; dan menyewakan atau menjual atau                      buildings which are given as collateral in any form
    menjaminkan tanah dan bangunan yang diberikan                 to third parties. As of December 31, 2023, PLU
    sebagai jaminan dalam bentuk apapun juga kepada               has complied with these covenants.
    pihak ketiga. Pada tanggal 31 Desember 2023,
    PLU telah memenuhi syarat-syarat perjanjian yang
    ada.




                                                         - 82 -
Page 384
PT INTILAND DEVELOPMENT Tbk                                                                 PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2024 dan 2023                                                                        December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                         (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                           Otherwise Stated)


    PT    Bank    China                  Construction        Bank              PT   Bank     China             Construction       Bank
    Indonesia Tbk                                                              Indonesia Tbk

                                                           2024                 2023

     Utang bank jangka pendek                                                                   Short-term bank loans
        Perusahaan                                                                                 The Company
            On demand                                    20.000.000.000       20.000.000.000           On demand
            Rekening koran                                4.922.568.863        4.976.963.237           Overdraft
        PT Intiland Grande (IG)                                                                    PT Intiland Grande (IG)
            On demand                                    15.000.000.000       15.000.000.000           On demand
            Rekening koran                                  141.547.360        1.477.234.830           Overdraft
        PT Taman Harapan Indah (THI)                                                               PT Taman Harapan Indah (THI)
            On demand                                                 -        5.000.000.000           On demand
            Rekening koran                                            -        2.591.720.230           Overdraft
     Jumlah                                              40.064.116.223       49.045.918.297    Total


     Utang bank jangka panjang                                                                  Long-term bank loans
         THI                                            100.599.999.999                    -       THI
         PLP                                                          -      177.288.931.025       PLP
     Jumlah                                             100.599.999.999      177.288.931.025    Subtotal
     Jatuh tempo jangka pendek                          (17.200.000.000)     (26.593.339.652)   Current portion
     Jatuh tempo lebih dari satu tahun                   83.399.999.999      150.695.591.373    Long-term portion
     Biaya transaksi yang belum diamortisasi               (369.490.747)         (43.749.295)   Unamortized transaction costs

     Bersih                                              83.030.509.252      150.651.842.078    Net



   Perusahaan                                                                 The Company

   Pada tanggal 13 November 2009, Perusahaan                                  On November 13, 2009, the Company obtained
   memperoleh pinjaman modal kerja demand loan dan                            credit facilities in the form of demand loan facility
   rekening koran dengan jumlah maksimum masing-                              and overdraft facility with maximum amount of
   masing sebesar Rp 20 milyar dan Rp 5 milyar.                               Rp 20 billion and Rp 5 billion, respectively. These
   Fasilitas ini telah diperpanjang beberapa kali,                            facilities have been extended several times, and
   terakhir sampai dengan tanggal 16 November 2025.                           the latest is valid until November 16, 2025. These
   Fasilitas ini dijamin dengan tanah dan bangunan                            loans are secured with parcels of land and
   yang terletak di Sport Club, Pantai Mutiara, Jakarta                       building located in Sport Club, Pantai Mutiara,
   milik THI, entitas anak, (Catatan 9).                                      Jakarta (Note 9).

   Perusahaan diwajibkan untuk memenuhi beberapa                              In relation to these credit facilities, the Company
   syarat perjanjian pinjaman, diantaranya mewajibkan                         is required to fulfill certain covenants, among
   untuk menjaga beberapa rasio keuangan tertentu.                            others, required to maintain certain financial
   Pada tanggal 31 Desember 2024 dan 2023,                                    ratios. As of December 31, 2024 and 2023, the
   Perusahaan telah memenuhi kewajiban rasio                                  Company has complied with the required financial
   keuangan dan syarat-syarat perjanjian yang ada.                            ratios and covenants.




                                                                    - 83 -
Page 385
PT INTILAND DEVELOPMENT Tbk                                                          PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2024 dan 2023                                                                 December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                  (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                    Otherwise Stated)


   IG                                                                 IG

   Pada Desember 2011, IG memperoleh fasilitas                        In December 2011, IG obtained demand loan and
   demand loan dan rekening koran dengan jumlah                       overdraft facilities with maximum amount of
   maksimum sebesar Rp 15 milyar dan Rp 10 milyar.                    Rp 15 billion and Rp 10 billion, respectively.
   Fasilitas ini telah diperpanjang beberapa kali,                    These facilities have been extended several
   terakhir sampai dengan tanggal 24 Juli 2025.                       times, and the latest is valid until July 24, 2025.
   Pinjaman ini dijamin dengan tanah dan bangunan                     This loan is secured by land and building located
   yang terletak di Pantai Mutiara, Jakarta (Catatan 9)               in Pantai Mutiara, Jakarta (Note 9) owned by THI,
   milik THI, entitas anak.                                           a subsidiary.

   IG diwajibkan untuk memenuhi beberapa syarat                       In relation to these credit facilities, IG is required
   perjanjian pinjaman, diantaranya pembatasan IG                     to fulfill certain covenants, among others,
   untuk bertindak sebagai penjamin atas utang pihak                  restrictions to act as guarantor for the debts of
   ketiga dan menyewakan atau menjual atau                            third parties and renting or selling or mortaging
   menjaminkan tanah dan bangunan yang telah                          the land and buildings that have been pledged to
   dijaminkan kepada Bank kepada pihak ketiga                         the Bank to any third parties. As of December 31,
   manapun juga. Pada tanggal 31 Desember 2024                        2024 and 2023, IG has complied with the required
   dan 2023, IG telah memenuhi syarat-syarat                          covenants.
   perjanjian yang ada.

   THI                                                                THI

   Pada tahun 2008, THI, entitas anak, memperoleh                     In 2008, THI, a subsidiary, obtained an on
   fasilitas demand loan dan pinjaman rekening koran                  demand loan and overdraft loan facilities with
   dengan jumlah maksimum masing-masing sebesar                       maximum amounts of Rp 5 billion and Rp 3 billion,
   Rp 5 milyar dan Rp 3 milyar. Fasilitas ini telah                   respectively. These facilities have been extended
   diperpanjang beberapa kali, terakhir sampai dengan                 several times, and the latest is valid until
   tanggal 2 September 2024. Sejak tanggal                            September 2, 2024. Since September 2, 2011,
   2 September 2011, jaminan atas pinjaman ini                        the collaterals on these loans have been changed
   menjadi sebidang tanah yang terletak di Pantai                     to land located in Pantai Mutiara, Jakarta owned
   Mutiara, Jakarta milik THI, entitas anak                           by THI, a subsidiary (Note 18). These facilities
   (Catatan 18). Fasilitas ini telah dilunasi pada tanggal            were fully paid on May 27, 2024.
   27 Mei 2024.

   Pada tanggal 27 Mei 2024, THI memperoleh fasilitas                 On May 27, 2024, THI obtained an investment
   kredit investasi dengan jumlah maksimum sebesar                    credit facility with maximum amount of
   Rp 108 milyar yang akan jatuh tempo pada tanggal                   Rp 108 billion which will mature on
   25 Desember 2027.                                                  December 25, 2027.

   THI diwajibkan untuk memenuhi beberapa syarat                      In relation to these credit facilities, THI is required
   perjanjian pinjaman, diantaranya pembatasan THI                    to fulfill certain covenants, among others,
   untuk melakukan perubahan anggaran dasar,                          restrictions to change the articles of association
   susunan Direksi dan Komisaris serta para                           and composition of the shareholders, directors
   pemegang saham; dan penyertaan atau investasi                      and commissioners; and investments in other
   pada perusahaan lain. Pada tanggal 31 Desember                     companies. As of December 31, 2024 and 2023,
   2024 dan 2023, THI telah memenuhi syarat-syarat                    THI has complied with the required covenants.
   perjanjian yang ada.

   PLP                                                                PLP

   Pada tanggal 19 Mei 2017, PLP, entitas anak,                       On May 19, 2017, PLP, a subsidiary, obtained
   memperoleh fasilitas kredit angsuran dengan jumlah                 credit facilities in the form of an installment loan
   maksimum sebesar Rp 100 milyar. Pada tanggal                       with a maximum amount of Rp 100 billion. On
   21 Mei 2018 fasilitas pinjaman angsuran                            May 21, 2018, installment loan of Rp 100 billion
   Rp 100 milyar menurun menjadi Rp 99,1 milyar.                      decreased to Rp 99.1 billion. This facility will
   Fasilitas ini akan jatuh tempo pada tanggal                        mature on December 19, 2024 and has been
   19 Desember 2024 dan telah diperpanjang sampai                     extended until December 25, 2027.
   dengan tanggal 25 Desember 2027.


                                                             - 84 -
Page 386
PT INTILAND DEVELOPMENT Tbk                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                   Otherwise Stated)


   Pada tanggal 21 Mei 2018, PLP memperoleh                           On May 21, 2018, PLP obtained installment loan
   fasilitas pinjaman angsuran dengan jumlah                          with maximum amount of Rp 150 billion. This
   maksimum sebesar Rp 150 milyar. Fasilitas ini telah                facility has been extended several times, and the
   diperpanjang beberapa kali, terakhir sampai dengan                 latest is valid until December 25, 2027. This loan
   dengan tanggal 25 Desember 2027. Pinjaman ini                      is secured with land located in Banten owned by
   dijamin dengan tanah di Banten milik PLP                           PLP (Note 9). This facility was fully paid on
   (Catatan 9). Fasilitas ini telah dilunasi pada tanggal             May 17, 2024.
   17 Mei 2024.

   Seluruh fasilitas pinjaman dijamin dengan tanah dan                All loan facilities are secured with land and
   bangunan Sport Club yang terletak di Pantai                        building Sport Club located in Pantai Mutiara,
   Mutiara, Jakarta milik THI, entitas anak, dan Sport                Jakarta owned by THI, a subsidiary, and Sport
   Club Aeropolis milik PLP, entitas anak (Catatan 9).                Club Aeropolis owned by PLP, a subsidiary
                                                                      (Note 9).

   PLP diwajibkan untuk memenuhi beberapa syarat                      In relation to these credit facilities, PLP is required
   perjanjian pinjaman, diantaranya pembatasan PLP                    to fulfill certain covenants, among others,
   untuk mengubah anggaran dasar dan susunan                          restrictions to change the articles of association
   pemegang saham, mengikatkan diri sebagai                           and composition of the shareholders, act as
   penjamin, dan mewajibkan untuk menjaga beberapa                    guarantor, and required to maintain certain
   rasio keuangan tertentu. Pada tanggal 31 Desember                  financial ratios. As of December 31, 2024 and
   2024 dan 2023, PLP telah memenuhi kewajiban                        2023, PLP has complied with the required
   rasio keuangan dan syarat-syarat perjanjian yang                   financial ratios and covenants.
   ada.

   PT Bank Victoria International Tbk (Victoria)                      PT Bank Victoria International Tbk (Victoria)


                                                  2024                  2023

     Utang bank jangka pendek                                                           Short-term bank loans
        PT Intiland Esperto (IE)                                                           PT Intiland Esperto (IE)
            On demand                           11.250.000.000        15.000.000.000           On demand
        PT Inti Gria Pramudya (IG Pramudya)                                                PT Inti Gria Pramudya (IG Pramudya)
            Pinjaman rekening koran              4.881.771.978         4.161.292.720           Overdraft
        PT Perkasalestari Utama (PLU)                                                      PT Perkasalestari Utama (PLU)
            Pinjaman rekening koran                           -        9.547.544.313           Overdraft
     Jumlah                                     16.131.771.978        28.708.837.033    Subtotal
     Biaya transaksi yang belum diamortisasi                 -           (26.963.191)   Unamortized transaction costs

     Bersih                                     16.131.771.978        28.681.873.842    Net

     Utang bank jangka panjang                                                          Long-term bank loans
        PT Intiland Grande (IG)                                                            PT Intiland Grande (IG)
            On demand                           37.612.000.000        50.740.000.000           On demand
        PT Inti Gria Perdana (IG Perdana)                                                  PT Inti Gria Perdana (IG Perdana)
            Pinjaman tetap                      22.400.000.000        32.000.000.000           Fixed loan
        PLU                                                                                PLU
            Pinjaman tetap                                    -       37.849.286.838           Fixed loan
        IG Pramudya                                                                        IG Pramudya
            On demand                                         -        3.080.000.000           On demand
     Jumlah                                     60.012.000.000       123.669.286.838    Subtotal
     Jatuh tempo jangka pendek                 (52.012.000.000)      (30.808.000.000)   Current portion
     Jatuh tempo lebih dari satu tahun           8.000.000.000        92.861.286.838    Long-term portion
     Biaya transaksi yang belum diamortisasi      (174.249.354)       (2.371.248.063)   Unamortized transaction costs

     Bersih                                      7.825.750.646        90.490.038.775    Net




                                                            - 85 -
Page 387
PT INTILAND DEVELOPMENT Tbk                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                Otherwise Stated)


   IE                                                             IE

   Pada tanggal 7 Maret 2018, IE, entitas anak,                   On March 7, 2018, IE, a subsidiary, obtained a
   memperoleh fasilitas kredit berupa demand loan                 demand loan credit facility with maximum amount
   dengan jumlah maksimum sebesar Rp 15 milyar.                   of Rp 15 billion. This facility has been extended
   Fasilitas ini telah diperpanjang beberapa kali,                several times, and the latest is valid until June 14,
   terakhir sampai dengan tanggal 14 Juni 2026                    2026 with a change in the facility to a fixed loan.
   dengan perubahan fasilitas menjadi fixed loan.                 This loan is secured with 4,215 square meters of
   Pinjaman ini dijamin dengan sebidang tanah seluas              land owned by PT Inti Gria Perdana, a subsidiary,
   4.215 m2 di Lebak Bulus, Jakarta milik                         and located in Lebak Bulus, Jakarta (Note 9) and
   PT Inti Gria Perdana, entitas anak, (Catatan 9) dan            corporate guarantee from the Company.
   corporate guarantee dari Perusahaan.

   IE diwajibkan untuk memenuhi beberapa syarat                   In relation to these credit facilities, IE is required
   perjanjian pinjaman, diantaranya pembatasan IE                 to fulfill certain covenants, among others,
   untuk melakukan merger, bertindak sebagai                      restrictions to conduct mergers, act as guarantor
   penjamin terhadap pihak lain, dan melakukan                    for other parties, and repay shareholder loans. As
   pelunasan pinjaman pemegang saham. Pada                        of December 31, 2024 and 2023, IE has complied
   tanggal 31 Desember 2024 dan 2023, IE telah                    with the required covenants.
   memenuhi syarat-syarat perjanjian yang ada.

   IG Pramudya                                                    IG Pramudya

   Pada tanggal 21 Juni 2017, IG Pramudya, entitas                On June 21, 2017, IG Pramudya, a subsidiary,
   anak, memperoleh fasilitas kredit berupa pinjaman              obtained credit facilities in the form of overdraft
   rekening koran dengan jumlah maksimum sebesar                  facility with maximum amount of Rp 5 billion which
   Rp 5 milyar yang telah diperpanjang beberapa kali,             has been extended several times, the latest is
   terakhir sampai dengan tanggal 21 Juni 2025 dan                until June 21, 2025 and demand loan with
   demand loan sebesar Rp 20 milyar yang telah                    maximum amount of Rp 20 billion which has been
   diperpanjang beberapa kali, terakhir sampai dengan             extended several times, the latest is until June 21,
   21 Juni 2024. Fasilitas demand loan telah dilunasi             2024. Demand loan facility was fully paid on
   pada tanggal 24 Juni 2024.                                     June 24, 2024.

   Pinjaman ini dijamin dengan sebidang tanah seluas              These loans are secured with 4,974 square
   4.974 m2 di Jakarta milik IG Pramudya (Catatan 9)              meters of land owned by IG Pramudya and
   dan corporate guarantee dari PT Intiland Esperto,              located in Jakarta (Note 9) and corporate
   entitas anak. Tidak terdapat kewajiban yang harus              guarantee from PT Intiland Esperto, a subsidiary.
   dipenuhi sehubungan dengan adanya corporate                    There are no obligations that must be fulfilled in
   guarantee tersebut.                                            connection with the corporate guarantee.

   IG Pramudya diwajibkan untuk memenuhi beberapa                 In relation to these credit facilities, IG Pramudya is
   syarat perjanjian pinjaman, diantaranya pembatasan             required to fulfill certain covenants, among others,
   IG Pramudya untuk melakukan merger, bertindak                  restrictions to conduct mergers, act as guarantor
   sebagai penjamin terhadap pihak lain, dan                      for other parties, and repay shareholder loans.
   melakukan pelunasan pinjaman pemegang saham.                   As of December 31, 2024 and 2023, IG Pramudya
   Pada tanggal 31 Desember 2024 dan 2023, IG                     has complied with the required covenants.
   Pramudya telah memenuhi syarat-syarat perjanjian
   yang ada.




                                                         - 86 -
Page 388
PT INTILAND DEVELOPMENT Tbk                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                 Otherwise Stated)


   PLU                                                             PLU

   Pada tanggal 25 Juni 2019, PLU, entitas anak,                   On June 25, 2019, PLU, a subsidiary, obtained
   memperoleh fasilitas kredit berupa pinjaman                     credit facilities in the form of overdraft and fixed
   rekening koran dan pinjaman tetap 1 untuk modal                 loan 1 facility for Aeropolis project working capital
   kerja proyek Aeropolis dengan jumlah maksimum                   with maximum amount of Rp 10 billion and
   masing-masing sebesar Rp 10 milyar dan                          Rp 40 billion, respectively. Overdraft facility has
   Rp 40 milyar. Fasilitas pinjaman rekening koran                 been extended several times and the latest is
   telah diperpanjang beberapa kali, terakhir sampai               valid until June 25, 2024, while the fixed loan
   dengan tanggal 25 Juni 2024, sedangkan untuk                    facility will mature on June 25, 2027.
   fasilitas pinjaman tetap akan jatuh tempo pada
   25 Juni 2027.

   Pada tanggal 25 April 2022, PLU memperoleh                      On April 25, 2022, PLU obtained credit facility in
   fasilitas kredit berupa pinjaman tetap 2 dengan                 the form of fixed loan 2 with maximum amount of
   jumlah maksimum pinjaman sebesar Rp 30 milyar                   Rp 30 billion which will mature on August 14,
   yang akan jatuh tempo pada 14 Agustus 2027.                     2027. This facility was fully paid on December 28,
   Pinjaman ini telah dilunasi pada tanggal                        2023.
   28 Desember 2023.

   Sejak tanggal 25 April 2022, seluruh pinjaman ini               Since April 25, 2022, these loans are secured with
   dijamin dengan tanah seluas 11.609 m2 milik PLP,                11,609 square meters land owned by PLP, a
   entitas anak, yang terletak di Neglasari, Jakarta               subsidiary, located in Neglasari, Jakarta (Note 9)
   (Catatan 9) dan tanah seluas 37.968 m2 di                       and 37,968 square meters land located in
   Tangerang, Banten milik PT Perkasalestari Permai,               Tangerang, Banten, owned by PT Perkasalestari
   entitas anak (Catatan 14).                                      Permai, a subsidiary (Note 14).

   Pada tanggal 25 April 2022, PLU memperoleh                      On April 25, 2022, PLU obtained restructured
   perpanjangan restrukturisasi pembayaran bunga                   interest payment of all fixed loan facilities
   untuk fasilitas pinjaman tetap selama 12 bulan dari             extended for 12 months since May 2022 until April
   Mei 2022 sampai April 2023 tingkat suku bunga                   2023 the interest payment rate is 9% per annum
   yang dibayarkan adalah sebesar 9% per tahun dan                 and deferred interest of 1.5% per annum, the
   suku bunga ditangguhkan sebesar 1,5% per tahun,                 deferred interest for fixed loan will be paid in
   bunga ditangguhkan dicicil dari Mei 2022 sampai                 installment from May 2022 until June 2027 for
   Juni 2027 untuk pinjaman tetap 1 dan sampai                     fixed loan 1 and until August 2027 for fixed loan 2.
   Agustus 2027 untuk pinjaman tetap 2.

   Seluruh fasilitas telah dilunasi pada tanggal 16 Mei            All facilities were fully paid on May 16, 2024.
   2024.

   PLU diwajibkan untuk memenuhi beberapa syarat                   In relation to these credit facilities, PLU is required
   perjanjian pinjaman, diantaranya pembatasan PLU                 to fulfill certain covenants, among others,
   untuk melakukan perubahan anggaran dasar dan                    restrictions to make amendments to the articles of
   susunan Direksi dan Komisaris, melakukan merger,                association and composition of Directors and
   bertindak sebagai penjamin terhadap pihak lain, dan             Commissioners, conduct mergers, act as
   melakukan pelunasan pinjaman pemegang saham.                    guarantor for other parties and repay shareholder
   Pada tanggal 31 Desember 2023, PLU telah                        loans. As of December 31, 2023, PLU has
   memenuhi syarat-syarat perjanjian yang ada.                     complied with the required covenants.

   IG                                                              IG

   Pada tanggal 14 Desember 2018, IG, entitas anak,                On December 14, 2018, IG, a subsidiary,
   memperoleh fasilitas kredit berupa pinjaman tetap               obtained credit facilities in the form of fixed loan
   dengan jumlah maksimum sebesar Rp 70 milyar                     facility with maximum amount of Rp 70 billion
   yang akan jatuh tempo pada 14 Desember 2023 dan                 which will mature on December 14, 2023 and
   telah diperpanjang sampai dengan 14 Desember                    have been extended until December 14, 2025.
   2025. Pinjaman ini digunakan untuk refinancing                  This loan was used to refinance Apartments
   Apartemen Sumatra 36.                                           Sumatra 36.



                                                          - 87 -
Page 389
PT INTILAND DEVELOPMENT Tbk                                                     PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2024 dan 2023                                                            December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                             (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                               Otherwise Stated)


   Pinjaman ini dijamin dengan tanah dan bangunan                  This loan is secured with land and building
   (Catatan 9) milik GIM, entitas anak, dan personal               (Note 9) owned by GIM, a subsidiary, and
   guarantee dari Hendro Santoso Gondokusumo,                      personal guarantee from Hendro Santoso
   pihak berelasi (Catatan 45). Tidak terdapat                     Gondokusumo, a related party (Note 45). There
   kewajiban yang harus dipenuhi sehubungan dengan                 are no obligations that must be fulfilled in
   adanya personal guarantee tersebut.                             connection with the personal guarantee.

   Pada tanggal 2 Agustus 2021, IG memperoleh                      On August 2, 2021, IG obtained restructured
   restrukturisasi perpanjangan tanggal jatuh tempo                maturity date extension from December 14, 2024
   dari 14 Desember 2024 menjadi 14 Desember 2025,                 to December 14, 2025, deferred principal
   penangguhan pembayaran angsuran, penangguhan                    payment and interest payment for 12 months
   pembayaran bunga selama 12 bulan dari Mei 2021                  since May 2021 until April 2022 the interest
   sampai dengan April 2022 dengan tingkat suku                    payment rate is 8% per annum and deferred
   bunga yang dibayarkan adalah sebesar 8% per                     interest of 3% per annum will be paid in
   tahun dan bunga ditangguhkan sebesar 3% per                     12 months installment from May 2022 until April
   tahun dicicil selama 12 bulan dari bulan Mei 2022               2023, and changes the maximum facility amount
   sampai April 2023, dan mengubah nilai maksimum                  to Rp 65,182,000,000.
   pinjaman menjadi sebesar Rp 65.182.000.000.

   IG diwajibkan untuk memenuhi syarat perjanjian                  In relation to this credit facility, IG is required to
   pinjaman, yaitu pembatasan untuk melakukan                      fulfill covenants, which are restrictions on mergers
   merger dan akuisisi, melakukan perubahan struktur               and acquisitions, changing the capital structure
   permodalan dan susunan pemegang saham,                          and shareholder composition, binding itself as a
   mengikatkan    diri   sebagai    penjamin,   dan                guarantor, and providing loans to other parties.
   memberikan pinjaman kepada pihak lain. Pada                     As of December 31, 2024 and 2023, IG has
   tanggal 31 Desember 2024 dan 2023, IG telah                     complied with the required covenants.
   memenuhi syarat perjanjian yang ada.

   IG Perdana                                                      IG Perdana

   Pada tanggal 22 Mei 2023, IG Perdana, entitas                   On May 22, 2023, IG Perdana, a subsidiary,
   anak, memperoleh fasilitas kredit berupa pinjaman               obtained credit facilities in the form of fixed loan
   tetap   dengan    jumlah      maksimum       sebesar            facility with maximum amount of Rp 32 billion
   Rp 32 milyar yang akan jatuh tempo pada 22 Mei                  which will mature on May 22, 2026. This loan
   2026. Pinjaman ini dijamin dengan tanah seluas                  facility is secured with 7,440 square meters of
   7.440 m2 di Banten, milik IG Palamarta, entitas anak            land owned by IG Palamarta, a subsidiary,
   (Catatan 9).                                                    located in Banten (Note 9).

   IG Perdana diwajibkan untuk memenuhi beberapa                   In relation to this credit facility, IG Perdana is
   syarat perjanjian pinjaman, diantaranya pembatasan              required to fulfill certain covenants, among others,
   untuk melakukan merger dan akuisisi, bertindak                  restrictions to conduct mergers and acquisitions,
   sebagai penjamin terhadap pihak lain, dan                       act as guarantor for other parties, and repay
   melakukan pelunasan pinjaman pemegang saham.                    shareholder loans. As of December 31, 2024 and
   Pada tanggal 31 Desember 2024 dan 2023, IG                      2023, IG Perdana has complied with the required
   Perdana telah memenuhi syarat-syarat perjanjian                 covenants.
   yang ada.

   PT Bank Permata Tbk                                             PT Bank Permata Tbk

   Pada tanggal 10 Agustus 2018, Perusahaan                        On August 10, 2018, the Company obtained
   memperoleh fasilitas pinjaman berulang dengan                   revolving loan with maximum amount of
   jumlah maksimum sebesar Rp 50 milyar. Pada                      Rp 50 billion. On November 25, 2019, based on
   tanggal   25    November    2019    berdasarkan                 Deed No. 32 the maximum amount of revolving
   Akta No. 32, pinjaman ini meningkat menjadi                     loan has increased to Rp 60 billion. In September
   Rp 60 milyar. Pada bulan September 2024, jumlah                 2024, the maximum amount of this facility has
   maksimum     pinjaman ini menurun menjadi                       decreased to Rp 16 billion. This facility has been
   Rp 16 milyar. Fasilitas ini telah diperpanjang                  extended several times, and the latest is valid
   beberapa kali, terakhir sampai dengan tanggal                   until August 10, 2025.
   10 Agustus 2025.



                                                          - 88 -
Page 390
PT INTILAND DEVELOPMENT Tbk                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2024 dan 2023                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                 Otherwise Stated)


   Pinjaman ini dijamin beberapa bidang tanah milik                 This facility is secured with several parcels of land
   PT Inti Gria Perdana, entitas anak, yang berlokasi di            owned by PT Inti Gria Perdana, a subsidiary,
   Lebak Bulus, Jakarta dan 2 bidang tanah milik                    located in Lebak Bulus, Jakarta and 2 parcels of
   PT Sinar Puspapersada, entitas anak, yang                        land owned by PT Sinar Puspapersada,
   berlokasi di Talaga Bestari (Catatan 9 dan 14).                  a subsidiary, located in Talaga Bestari (Notes 9
                                                                    and 14).

   Perusahaan diwajibkan untuk memenuhi beberapa                    In relation to this credit facility, the Company is
   syarat perjanjian pinjaman, diantaranya untuk                    required to fulfill certain covenants, among others,
   menjaga beberapa rasio keuangan tertentu. Pada                   to maintain certain financial ratios. As of
   tanggal 31 Desember 2024 dan 2023, Perusahaan                    December 31, 2024 and 2023, the Company has
   telah memenuhi syarat-syarat perjanjian yang ada.                complied with the required covenants.

   PT Bank JTrust Indonesia Tbk                                     PT Bank JTrust Indonesia Tbk

                                                  2024                2023

     Utang bank jangka pendek                                                          Short-term bank loans
        PT Perkasalestari Permai (PLP)                                                    PT Perkasalestari Permai (PLP)
            Pinjaman rekening koran             14.770.998.887                    -           Overdraft

     Utang bank jangka panjang                                                         Long-term bank loans
         PT Perkasalestari Permai (PLP)        242.708.333.331                    -       PT Perkasalestari Permai (PLP)
         PT Perkebunan dan Industri Segajung                                              PT Perkebunan dan Industri Segajung
            (Segajung)                             332.114.451       91.666.666.664           (Segajung)
     Jumlah                                    243.040.447.782       91.666.666.664    Subtotal
     Jatuh tempo jangka pendek                 (20.123.781.117)     (25.000.000.000)   Current portion

     Jatuh tempo lebih dari satu tahun         222.916.666.665      66.666.666.664     Long-term portion
     Biaya transaksi yang belum diamortisasi    (8.262.906.551)       (672.008.545)    Unamortized transaction costs

     Bersih                                    214.653.760.114      65.994.658.119     Net


   PLP                                                              PLP

   Pada tanggal 14 Mei 2024, PLP, entitas anak,                     On May 14, 2024, PLP, a subsidiary, obtained an
   memperoleh fasilitas pinjaman rekening koran                     overdraft loan with a maximum amount of
   dengan maksimum pinjaman sebesar Rp 20 miliar                    Rp 20 billion and installment loan with a maximum
   dan kredit angsuran dengan maksimum pinjaman                     amount of Rp 55 billion and Rp 195 billion.
   sebesar Rp 55 miliar dan Rp 195 miliar. Pinjaman                 Overdraft loan is valid until May 14, 2025 and
   rekening koran jatuh tempo tanggal 14 Mei 2025                   installment loan is valid until May 14, 2030.
   dan kredit angsuran jatuh tempo tanggal 14 Mei
   2030.

   Pinjaman ini dijamin dengan tanah milik PLP yang                 These loans are secured with land owned by PLP
   terletak di Tangerang (Catatan 14) dan jaminan                   located in Tangerang (Note 14) and corporate
   perusahaan dari PLU.                                             guarantee from PLU.

   Segajung                                                         Segajung

   Pada tanggal 26 Agustus 2022, Segajung, entitas                  On August 26, 2022, Segajung, a subsidiary,
   anak, memperoleh fasilitas modal kerja berupa                    obtained a working capital facility in the form of an
   pinjaman rekening koran dengan maksimum                          overdraft loan with a maximum amount of
   pinjaman sebesar Rp 20 miliar dan kredit angsuran                Rp 20 billion and an installment loan with a
   dengan maksimum pinjaman sebesar Rp 100 miliar.                  maximum amount of Rp 100 billion. Overdraft
   Pinjaman rekening koran jatuh tempo sampai                       loan is valid until August 29, 2024 and has been
   dengan tanggal 29 Agustus 2024 dan telah                         extended until August 29, 2025. Installment loan
   diperpanjang sampai dengan 29 Agustus 2025.                      is valid until August 26, 2027. The installment
   Kredit angsuran jatuh tempo tanggal 26 Agustus                   credit loan was fully paid on January 10, 2025.
   2027. Pinjaman kredit angsuran telah dilunasi pada
   tanggal 10 Januari 2025.


                                                           - 89 -
Page 391
PT INTILAND DEVELOPMENT Tbk                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                   Otherwise Stated)


   Pinjaman ini dijamin dengan tanah dan bangunan                    These loans are secured with land and building
   milik  Segajung     yang   terletak di  Batang                    owned by Segajung located in Batang
   (Catatan 14).                                                     (Note 14).

   PT Bank Central Asia Tbk (BCA)                                    PT Bank Central Asia Tbk (BCA)

                                              2024                   2023

   Utang bank jangka pendek                                                         Short-term bank loans
      PT Grande Family View (GFV)                                                      PT Grande Family View (GFV)
          Time loan revolving               10.000.000.000         10.000.000.000          Time loan revolving
      PT Intiland Sejahtera (IS)                                                       PT Intiland Sejahtera (IS)
          Pinjaman rekening koran            3.079.333.913                      -          Overdraft
   Jumlah                                   13.079.333.913         10.000.000.000   Subtotal



   GFV                                                               GFV

   GFV memperoleh fasilitas pinjaman rekening koran                  GFV, a subsidiary, obtained an overdraft facility
   sebesar Rp 7 milyar dan tambahan fasilitas                        amounting to Rp 7 billion and obtained an
   pinjaman berupa time loan revolving dengan                        additional credit facility in the form of time loan
   maksimum pinjaman sebesar Rp 3 milyar. Pada                       revolving with maximum amount of Rp 3 billion.
   tanggal 6 April 2023, jumlah maksimum pinjaman                    On April 6, 2023, the maximum amount increases
   masing-masing meningkat menjadi Rp 10 milyar.                     to Rp 10 billion each. These loan facilities have
   Fasilitas pinjaman telah diperpanjang beberapa kali,              been extended several times, and the latest is
   terakhir sampai dengan 13 Maret 2026.                             valid until March 13, 2026.

   Fasilitas-fasilitas pinjaman di atas dijamin dengan               All of these loan facilities are secured with 2,751
   tanah seluas 2.751 m2 di Graha Famili, Surabaya                   square meters land in Graha Famili, Surabaya
   milik GFV (Catatan 14).                                           owned by GFV (Note 14).

   GFV diwajibkan untuk memenuhi syarat perjanjian                   In relation to these credit facilities, GFV is
   pinjaman, yaitu tanpa persetujuan terlebih dahulu                 required to fulfill covenants, which are without
   dari BCA, GFV tidak diperkenankan untuk                           prior approval from BCA, GFV is not allowed to
   memperoleh pinjaman dari pihak lain; meminjamkan                  obtaining loans from other parties; lending money,
   uang termasuk ke pihak berelasi, kecuali digunakan                including to related parties, unless it is used for
   untuk operasional; dan melakukan merger, akuisisi,                operations; and conduct mergers, acquisitions,
   dan likuidasi. Pada tanggal 31 Desember 2024 dan                  and liquidations. As of December 31, 2024 and
   2023, GFV telah memenuhi syarat perjanjian yang                   2023, GFV has complied with the required
   ada.                                                              covenants.

   IS                                                                IS

   Pada tanggal 7 Mei 2015, IS, entitas anak,                        On May 7, 2015, IS, a subsidiary, obtained
   memperoleh fasilitas pinjaman rekening koran dari                 an overdraft loan from PT Bank Central
   PT Bank Central Asia Tbk dengan jumlah                            Asia Tbk with a maximum amount of
   maksimum sebesar Rp 10 milyar yang telah                          Rp 10 billion and has been extended several
   diperpanjang beberapa kali, terakhir sampai                       times, the latest valid until May 7, 2025. This loan
   7 Mei 2025. Pinjaman ini dijamin dengan tanah                     is secured with 18,240 square meters land owned
   seluas 18.240 m2 milik IS yang terletak di Ngoro,                 by IS located in Ngoro, Surabaya (Note 9).
   Surabaya (Catatan 9).

   IS diwajibkan untuk memenuhi syarat perjanjian                    In relation to this credit facility, IS is required to
   pinjaman, yaitu pembatasan untuk meminjamkan                      fulfill covenants, which are restrictions on lending
   uang termasuk ke pihak berelasi, kecuali digunakan                money, including to related parties, unless it is
   untuk operasional; dan melakukan merger, akuisisi,                used for operations; and conduct mergers,
   dan likuidasi. Pada tanggal 31 Desember 2024 dan                  acquisitions      and     liquidations.      As     of
   2023, IS telah memenuhi syarat perjanjian yang                    December 31, 2024 and 2023, IS has complied
   ada.                                                              with the required covenants.



                                                          - 90 -
Page 392
PT INTILAND DEVELOPMENT Tbk                                                            PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2024 dan 2023                                                                   December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                    (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                      Otherwise Stated)


   PT Bank IBK Indonesia Tbk                                             PT Bank IBK Indonesia Tbk

                                                     2024                  2023

        Utang bank jangka pendek                                                           Short-term bank loans
           PT Intiland Grande (IG)                                                            PT Intiland Grande (IG)
               Pinjaman rekening koran              4.963.258.552                     -           Overdraft
               On demand                            6.000.000.000        10.000.000.000           On demand

        Jumlah                                     10.963.258.552        10.000.000.000    Total



   Pada tanggal 26 Oktober 2011, IG, entitas anak,                       On October 26, 2011, IG, a subsidiary, obtained a
   memperoleh fasilitas modal kerja berupa pinjaman                      working capital facility in the form of an overdraft
   rekening koran dengan maksimum pinjaman                               loan with a maximum amount of Rp 5 billion and a
   sebesar Rp 5 milyar dan demand loan dengan                            demand loan with a maximum amount of
   maksimum pinjaman sebesar Rp 10 milyar. Pada                          Rp 10 billion. On October 30, 2014, the maximum
   tanggal 30 Oktober 2014, nilai maksimum pinjaman                      amount of demand loan has increased to
   demand loan meningkat menjadi Rp 25 milyar.                           Rp 25 billion. These facilities have been extended
   Fasilitas ini telah diperpanjang beberapa kali,                       several times, and the latest is valid until
   terakhir sampai dengan tanggal 3 September 2025.                      September 3, 2025.

   Pinjaman ini dijamin dengan tanah dan bangunan                        These loans are secured with land and building
   milik IG yang terletak di Surabaya dan IS yang                        owned by IG located in Surabaya and IS located
   terletak di Mojokerto (Catatan 9 dan 17).                             in Mojokerto (Notes 9 and 17).

   IG diwajibkan untuk memenuhi syarat perjanjian                        In relation to these credit facilities, IG is required
   pinjaman, yaitu pembatasan untuk bertindak                            to fulfill covenants, which are restrictions on acting
   sebagai penjamin terhadap utang pihak lain;                           as a guarantor for the debts of other parties;
   menyewakan, menjual atau menjaminkan lagi                             renting, selling or re-collateralizing goods to other
   barang-barang jaminan kepada pihak lain; memberi                      parties; give and or receive loans from other
   dan atau menerima pinjaman dari pihak lain;                           parties; change the composition and ownership
   mengubah susunan dan jumlah kepemilikan; dan                          interest; and conduct liquidation or merger. As of
   melakukan pembubaran atau merger. Pada tanggal                        December 31, 2024 and 2023, IG has complied
   31 Desember 2024 dan 2023, IG telah memenuhi                          with the required covenants.
   syarat perjanjian yang ada.

   PT Bank MNC Internasional Tbk                                         PT Bank MNC Internasional Tbk

                                                    2024                  2023

       Utang bank jangka pendek                                                           Short-term bank loans
          PT Intiland Grande (IG)                                                            PT Intiland Grande (IG)
              Pinjaman tetap                       1.000.000.000         1.000.000.000           Fixed loan
          Perusahaan                                                                         The Company
              Pinjaman tetap                                   -       164.000.000.000           Fixed loan

       Jumlah                                      1.000.000.000       165.000.000.000    Total


       Utang bank jangka panjang                                                          Long-term bank loans
           Perusahaan                            149.500.000.000                     -       The Company
       Jatuh tempo jangka pendek                               -                     -    Current portion
       Jatuh tempo lebih dari satu tahun         149.500.000.000                     -    Long-term portion
       Biaya transaksi yang belum diamortisasi    (2.532.311.290)                    -    Unamortized transaction costs

       Jumlah                                    146.967.688.710                     -    Total

   .




                                                              - 91 -
Page 393
PT INTILAND DEVELOPMENT Tbk                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                Otherwise Stated)


   Perusahaan                                                     The Company

   Perusahaan memperoleh fasilitas modal kerja                    The Company obtained a working capital facility
   berupa Pinjaman Tetap 1, 2, dan 3 dengan                       in the form of Fixed Loan 1, 2, and 3 with a
   maksimum pinjaman masing-masing sebesar                        maximum amount of Rp 109 billion, Rp 40 billion,
   Rp 109 milyar, Rp 40 milyar, dan Rp 15 milyar.                 and Rp 15 billion, respectively. These facilities
   Fasilitas ini telah diperpanjang beberapa kali,                have been extended several times, and the latest
   terakhir sampai dengan 20 Februari 2024.                       is valid until February 20, 2024.

   Pada bulan Januari 2024, Perusahaan dan                        In January 2024, the Company and PT Bank
   PT Bank MNC Internasional Tbk telah sepakat untuk              MNC Internasional Tbk have agreed to combine
   menggabungkan seluruh pokok fasilitas Pinjaman                 the entire principal amount of Fixed Loan
   Tetap 1, 2, dan 3 serta mengalokasikan seluruh                 facilities 1, 2, and 3 and allocate the entire
   jumlah pokok fasilitas tersebut menjadi fasilitas              principal amount of these facilities into a Special
   Pinjaman Transaksi Khusus (PTK) sebesar                        Transaction Loan (PTK) facility amounting to
   Rp      164.000.000.000.  Pada    Januari   2024,              Rp 164,000,000,000. In January 2024, the
   Perusahaan melakukan pelunasan sebagian pokok                  Company repaid part of the principal amount of
   fasilitas PTK tersebut sebesar Rp 14.500.000.000               the PTK facility amounting to Rp 14,500,000,000
   sehingga pokok fasilitas PTK menjadi sebesar                   so that the principal amount of the PTK facility
   Rp 149.500.000.000. Fasilitas pinjaman ini akan                amounted to Rp 149,500,000,000. This loan
   jatuh tempo pada 30 Januari 2031.                              facility will mature on January 30, 2031.

   Pinjaman ini dijamin dengan beberapa bidang tanah              These loans are secured by several parcels of
   yang terletak di Surabaya milik PT Intiland Grande,            land owned by PT Intiland Grande, a subsidiary,
   entitas anak (Catatan 9).                                      located in Surabaya (Note 9).

   Perusahaan diwajibkan untuk memenuhi beberapa                   In relation to these credit facilities, the Company
   syarat perjanjian pinjaman, diantaranya pembatasan              is required to fulfill certain covenants, among
   Perusahaan untuk melakukan perubahan susunan                    others, restrictions to changes in the composition
   pengurus dan pemegang saham mayoritas dan                       of the board and majority shareholders and
   menjaga rasio keuangan tertentu. Pada tanggal                   maintain certain financial ratios. As of
   31 Desember 2024 dan 2023, Perusahaan telah                     December 31, 2024 and 2023, the Company has
   memenuhi syarat-syarat perjanjian yang ada.                     complied with these covenants.

   IG                                                             IG

   IG, entitas anak, memperoleh fasilitas pinjaman                IG, a subsidiary, obtained fixed loan facility with
   tetap    dengan     jumlah    maksimum     sebesar             maximum amount of Rp 75 billion. In December
   Rp 75 milyar. Pada Desember 2022, jumlah                       2022, the maximum amount of loan facility
   maksimum pinjaman berubah menjadi sebesar                      changed to Rp 64,966,437,355. Based on
   Rp    64.966.437.355.     Berdasarkan    Perjanjian            Amendment          Agreement     No.     016/MB-
   Perubahan No. 016/MB-IG/PT/Add/2/2023 tanggal                  IG/PT/Add/2/2023 dated February 24 2023, the
   24 Februari 2023, jumlah maksimum pinjaman tetap               maximum amount of fixed loan facility granted to
   yang diberikan kepada IG berubah menjadi sebesar               IG has changed to Rp 1 billion. This facility has
   Rp 1 milyar. Fasilitas ini telah diperpanjang                  been extended several times, and the latest is
   beberapa kali, terakhir sampai dengan 26 Juli 2025.            valid until July 26, 2025.

   Pinjaman ini dijamin dengan beberapa tanah di                  This loan is secured by several land located in
   Surabaya milik IG (Catatan 9).                                 Surabaya owned by IG (Note 9).

   IG diwajibkan untuk memenuhi beberapa syarat                   In relation to this credit facility, IG is required to
   perjanjian pinjaman, diantaranya pembatasan IG                 fulfill certain covenants, among others, restrictions
   untuk melakukan perubahan susunan pengurus dan                 to changes the composition of the board and
   pemegang saham dan menjaga rasio keuangan                      shareholders and maintain certain financial ratios.
   tertentu. Pada tanggal 31 Desember 2024 dan                    As of December 31, 2024 and 2023, IG has
   2023, IG telah memenuhi kewajiban rasio keuangan               complied with the required financial ratios and
   dan syarat-syarat perjanjian yang ada.                         covenants.




                                                         - 92 -
Page 394
PT INTILAND DEVELOPMENT Tbk                                                           PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2024 dan 2023                                                                  December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                   (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                     Otherwise Stated)


   PT Bank Woori Saudara Indonesia 1906 Tbk                             PT Bank Woori Saudara Indonesia 1906 Tbk

                                                     2024                 2023

        Utang bank jangka panjang                                                         Long-term bank loans
            PT Intiland Grande (IG)               144.470.763.500      229.820.763.500       PT Intiland Grande (IG)
        Jatuh tempo jangka pendek                 (60.500.000.000)     (36.300.000.000)   Current portion
        Jatuh tempo lebih dari satu tahun          83.970.763.500      193.520.763.500    Long-term portion
        Biaya transaksi yang belum diamortisasi    (1.403.432.807)      (3.553.521.075)   Unamortized transaction costs

        Jumlah                                     82.567.330.693      189.967.242.425    Total


   Pada tanggal 22 Desember 2022, IG, entitas anak,                     On December 22, 2022, IG, a subsidiary,
   memperoleh fasilitas pinjaman angsuran dengan                        obtained an installment loan with a maximum
   maksimum pinjaman sebesar Rp 242 miliar.                             amount of Rp 242 billion. This loan is valid until
   Fasilitas pinjaman ini akan jatuh tempo tanggal                      December 23, 2027 and secured by a parcel of
   23 Desember 2027 dan dijaminkan dengan                               land with an area of 11,047 sqm which is located
   sebidang tanah seluas 11.047 m2 yang terletak di                     in Surabaya owned by KLS, a subsidiary.
   Surabaya milik KLS, entitas anak.

   IG diwajibkan untuk memenuhi beberapa syarat                         In relation to this credit facility, IG is required to
   perjanjian pinjaman dan menjaga rasio keuangan                       fulfill certain covenants and maintain certain
   tertentu. Pada tanggal 31 Desember 2024 dan 2023,                    financial ratios. As of December 31, 2024 and
   IG telah memenuhi kewajiban rasio keuangan dan                       2023, IG has complied with the required financial
   syarat perjanjian yang ada.                                          ratios and covenants.

   PT Bank UOB Indonesia                                                PT Bank UOB Indonesia

   Pada tanggal 26 Juli 2023, THI, entitas anak,                        On July 26, 2023, THI, a subsidiary, obtained an
   memperoleh fasilitas kredit angsuran dengan jumlah                   installment credit facility with a maximum amount
   maksimum sebesar Rp 6.700.000.000 yang akan                          of Rp 6,700,000,000 which will mature on
   jatuh tempo pada tanggal 26 Juli 2031. Fasilitas ini                 July 26, 2031. This facility is secured with land
   dijamin dengan tanah dan bangunan Plaza De                           and building of Plaza De Lumina owned by THI, a
   Lumina atas nama THI, entitas anak (Catatan 9).                      subsidiary (Note 9).

   THI diwajibkan untuk memenuhi beberapa syarat                        In relation to these credit facilities, THI is required
   perjanjian pinjaman, diantaranya yaitu pembatasan                    to fulfill several terms, including restrictions on
   untuk menjual barang jaminan, melakukan                              selling collateral, making changes to business
   perubahan kegiatan usaha, menerima pinjaman                          activities, accepting loans or providing loans to
   atau memberikan pinjaman kepada pihak lain, dan                      other parties, and binding itself as a guarantor.
   mengikatkan diri sebagai penjamin. Pada tanggal                      As of December 31, 2024 and 2023, THI has
   31 Desember 2024 dan 2023, THI telah memenuhi                        complied with the required covenants.
   syarat perjanjian yang ada.
    .




                                                              - 93 -
Page 395
PT INTILAND DEVELOPMENT Tbk                                                             PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2024 dan 2023                                                                    December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                     (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                       Otherwise Stated)


    Utang Bank Sindikasi                                                  Syndicated Bank Loan

                                                   2024                    2023

    Utang bank sindikasi                                                                   Syndicated bank loan
       Perusahaan                                                                             The Company
           PT Bank Negara Indonesia                                                              PT Bank Negara Indonesia
              (Persero) Tbk                   1.372.037.002.262       1.376.272.385.530              (Persero) Tbk
           PT Bank Central Asia Tbk             980.160.841.495         985.467.142.034          PT Bank Central Asia Tbk

    Jumlah                                    2.352.197.843.757       2.361.739.527.564    Subtotal
    Jatuh tempo jangka pendek                   (21.633.926.650)       (105.543.037.487)   Current portion

    Jatuh tempo lebih dari satu tahun         2.330.563.917.107       2.256.196.490.077    Long-term portion
    Biaya transaksi yang belum diamortisasi    (392.551.327.330)        (96.994.961.022)   Unamortized transaction costs

    Bersih                                    1.938.012.589.777       2.159.201.529.055    Net


   Berdasarkan Akta Perjanjian Kredit Sindikasi No. 31                    Based on the Syndication Credit Agreement
   tanggal 21 Desember 2018 yang dibuat di hadapan                        Deed No. 31 dated December 21, 2018 from
   Notaris Endang Moeliani, S.H., Perusahaan                              Endang Moeliani, S.H., the Company has
   memperoleh fasilitas kredit sindikasi berupa kredit                    obtained syndication credit facilities in the form of
   investasi (KI) dari PT Bank Negara Indonesia                           investment credit (KI) from PT Bank Negara
   (Persero) Tbk dan PT Bank Central Asia Tbk                             Indonesia (Persero) Tbk and PT Bank Central
   sebesar maksimum Rp 2.775.406.916.417. Pada                            Asia Tbk with a maximum amount of
   tanggal 21 Maret 2019, berdasarkan Akta Perjanjian                     Rp 2,775,406,916,417. On March 21, 2019,
   Kredit Sindikasi Addendum 1 No. 14, nilai                              based on Addendum 1 Syndicated Credit
   maksimum fasilitas kredit sindikasi meningkat                          Agreement Deed No. 14, the maximum amount of
   menjadi Rp 2.813.406.916.417 dengan perincian                          the syndicated credit facility has increased to
   sebagai berikut:                                                       Rp 2,813,406,916,417 with details as follows:

    1. Fasilitas KI Tranche 1 maksimal sebesar                           1. KI Tranche 1 Facility with a maximum amount
       Rp 877.849.000.000, yang terdiri dari:                               of Rp 877,849,000,000, which consists of:

          i. Fasilitas KI Tranche 1 Sub-Tranche DILD                           i. KI Tranche 1 Sub-Tranche DILD Facilty
             maksimal sebesar Rp 446.664.000.000                                  with     a     maximum        amount      of
             yang digunakan untuk melunasi fasilitas                              Rp 446,664,000,000 which is used to repay
             kredit yang telah diberikan oleh Bank                                the credit facilities provided by Bank
             Bukopin kepada Perusahaan;                                           Bukopin to the Company;
         ii. Fasilitas KI Tranche 1 Sub-Tranche IG                            ii. KI Tranche 1 Sub-Tranche IG Facilty with a
             maksimal sebesar Rp 109.512.000.000                                  maximum amount of Rp 109,512,000,000
             yang digunakan untuk melunasi fasilitas                              which is used to repay the credit facilities
             kredit yang telah diberikan oleh Bank                                provided by Bank Bukopin to IG,
             Bukopin kepada IG, entitas anak;                                     a subsidiary;
        iii. Fasilitas KI Tranche 1 Sub-Tranche THI                          iii. KI Tranche 1 Sub-Tranche THI Facilty with
             maksimal sebesar Rp 100.000.000.000                                  a        maximum           amount         of
             yang digunakan untuk melunasi fasilitas                              Rp 100,000,000,000 which is used to repay
             kredit yang telah diberikan oleh Bank                                the credit facilities provided by Bank
             Bukopin kepada THI, entitas anak; dan                                Bukopin to THI, a subsidiary; and
        iv. Fasilitas KI Tranche I Sub-Tranche                               iv. KI Tranche 1 Sub-Tranche Term Loan
             Term       Loan     maksimal       sebesar                           Facilty with a maximum amount of
             Rp 221.673.000.000 yang digunakan untuk                              Rp 221,673,000,000 which is used to
             pembiayaan gedung Intiland Tower Jakarta                             finance the Company’s Intiland Tower
             dan Intiland Tower Surabaya milik                                    Jakarta and Intiand Tower Surabaya
             Perusahaan dan tidak digunakan untuk                                 buildings and not used for land purchases.
             pembelian tanah.




                                                             - 94 -
Page 396
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


    2. Fasilitas KI Tranche 2 maksimal sebesar                        2. KI Tranche 2 Facility with a maximum amount
       Rp 988.094.000.000, yang terdiri dari:                            of Rp 988,094,000,000, which consists of:

         i. Fasilitas KI Tranche 2 Sub-Tranche DILD-                      i. KI Tranche 2 Sub-Tranche DILD-BTN
            BTN maksimal sebesar Rp 110.000.000.000                          Facilty with a maximum amount of
            yang digunakan untuk melunasi fasilitas                          Rp 110,000,000,000 which is used to repay
            kredit yang telah diberikan oleh BTN kepada                      the credit facilities provided by BTN to the
            Perusahaan;                                                      Company;
        ii. Fasilitas KI Tranche 2 Sub-Tranche IG-QNB                    ii. KI Tranche 2 Sub-Tranche IG-QNB Facilty
            maksimal sebesar Rp 148.000.000.000                              with     a       maximum        amount      of
            yang digunakan untuk melunasi fasilitas                          Rp 148,000,000,000 which is used to repay
            kredit yang telah diberikan oleh QNB                             the credit facilities provided by QNB to IG,
            kepada IG, entitas anak;                                         a subsidiary;
       iii. Fasilitas KI Tranche 2 Sub-Tranche THI-                     iii. KI Tranche 2 Sub-Tranche THI-QNB
            QNB maksimal sebesar Rp 111.094.000.000                          Facilty with a maximum amount of
            yang digunakan untuk melunasi fasilitas                          Rp 111,094,000,000 which is used to repay
            kredit yang telah diberikan oleh QNB                             the credit facilities provided by QNB to THI,
            kepada THI, entitas anak;                                        a subsidiary;
       iv. Fasilitas KI Tranche 2 Sub-Tranche DILD-                     iv. KI Tranche 2 Sub-Tranche DILD-Maybank
            Maybank            maksimal           sebesar                    Facilty with a maximum amount of
            Rp 150.000.000.000 yang digunakan untuk                          Rp 150,000,000,000 which is used to repay
            melunasi fasilitas kredit yang telah diberikan                   the credit facilities provided by Maybank to
            oleh Maybank kepada Perusahaan;                                  the Company;
        v. Fasilitas KI Tranche 2 Sub-Tranche GP-BNI                     v. KI Tranche 2 Sub-Tranche GP-BNI Facilty
            maksimal sebesar Rp 350.000.000.000                              with     a       maximum        amount      of
            yang digunakan untuk melunasi fasilitas                          Rp 350,000,000,000 which is used to repay
            kredit yang telah diberikan oleh BNI kepada                      the credit facilities provided by BNI to GP,
            GP, entitas anak;                                                a subsidiary;
       vi. Fasilitas KI Tranche 2 Sub-Tranche THI-                      vi. KI Tranche 2 Sub-Tranche THI-Victoria
            Victoria          maksimal            sebesar                    Facilty with a maximum amount of
            Rp 50.000.000.000 yang digunakan untuk                           Rp 50,000,000,000 which is used to repay
            melunasi fasilitas kredit yang telah diberikan                   the credit facilities provided by Victoria to
            oleh Victoria kepada THI, entitas anak;                          THI, a subsidiary;
      vii. Fasilitas KI Tranche 2 Sub-Tranche IAP-                     vii. KI Tranche 2 Sub-Tranche IAP-Victoria
            Victoria          maksimal            sebesar                    Facilty with a maximum amount of
            Rp 19.000.000.000 yang digunakan untuk                           Rp 19,000,000,000 which is used to repay
            melunasi fasilitas kredit yang telah diberikan                   the credit facilities provided by Victoria to
            oleh Victoria kepada IAP, entitas anak; dan                      IAP, a subsidiary; and
      viii. Fasilitas KI Tranche 2 Sub-Tranche DILD-                   viii. KI Tranche 2 Sub-Tranche DILD-CIMB
            CIMB maksimal sebesar Rp 50.000.000.000                          Facilty with a maximum amount of
            yang digunakan untuk melunasi fasilitas                          Rp 50,000,000,000 which is used to repay
            kredit yang telah diberikan oleh CIMB                            the credit facilities provided by CIMB to the
            kepada Perusahaan.                                               Company.

    3. Fasilitas KI Tranche 3 maksimal sebesar                        3. KI Tranche 3 Facility with a maximum amount
       Rp 519.463.916.417, yang terdiri dari:                            of Rp 519,463,916,417, which consists of:

        i. Fasilitas KI Tranche 3 Sub-Tranche Praxis                      i. KI Tranche 3 Sub-Tranche Praxis Facilty
           maksimal sebesar Rp 338.634.000.000                               with      a      maximum        amount    of
           yang digunakan untuk melunasi fasilitas                           Rp 338,634,000,000 which is used to repay
           kredit yang telah diberikan oleh BNI dan                          the credit facilities provided by BNI and to
           menyelesaikan konstruksi proyek Praxis;                           complete the construction of the Praxis
           dan                                                               project; and
       ii. Fasilitas KI Tranche 3 Sub-Tranche Spazio                     ii. KI Tranche 3 Sub-Tranche Spazio Facilty
           maksimal sebesar Rp 180.829.916.417                               with      a      maximum        amount    of
           yang digunakan untuk melunasi fasilitas                           Rp 180,829,916,417 which is used to repay
           kredit yang telah diberikan oleh BCA dan                          the credit facilities provided by BCA and to
           menyelesaikan konstruksi proyek Spazio                            complete the construction of the Spazio
           Tower.                                                            Tower project.


                                                             - 95 -
Page 397
PT INTILAND DEVELOPMENT Tbk                                                     PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2024 dan 2023                                                            December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                             (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                               Otherwise Stated)


    4. Fasilitas KI Tranche 4 maksimal sebesar                     4. KI Tranche 4 Facility with a maximum amount
       Rp 428.000.000.000 yang digunakan untuk                        of Rp 428,000,000,000 which is used to repay
       melunasi Obligasi II Intiland Development                      the Series A – 2016 Intiland Development
       Seri A – 2016 yang jatuh tempo pada tanggal                    Bond II due on June 29, 2019.
       29 Juni 2019.

   Jangka waktu seluruh fasilitas kredit investasi                 The period of the entire investment credit facilty is
   tersebut adalah 8 tahun dengan suku bunga JIBOR                 8 years with an interest rate of JIBOR plus a
   ditambah marjin.                                                margin.

   Pada tanggal 24 Juli 2020, Perusahaan mendapat                  On July 24, 2020, the Company’s loans have
   restrukturisasi pinjaman sebagai berikut:                       been restructured as follows:

    a. perpanjangan tanggal jatuh tempo dari                       a. maturity date extension from December 21,
       21 Desember 2026 menjadi 21 Desember 2027.                     2026 to December 21, 2027.
    b. penundaan pembayaran angsuran dari Juni                     b. deferred principal payment from June 2020
       2020 sampai Maret 2021.                                        until March 2021.
    c. suku bunga sejak tanggal 26 Maret 2020                      c. interest rate since March 26, 2020 until
       sampai 30 Juni 2020 adalah 9,7% per tahun                      June 30, 2020 is 9.7% per annum where the
       dimana bunga yang dibayarkan adalah 6% per                     interest payment rate is 6% per annum and
       tahun dan bunga yang ditangguhkan sebesar                      deferred interest rate of 3.7% per annum will
       3,7% per tahun dicicil 24 bulan dari bulan April               be paid in 24 months installment from April
       2021 sampai Maret 2023.                                        2021 until March 2023.
    d. suku bunga sejak tanggal 24 Juli 2020 sampai                d. interest rate since July 24, 2020 until
       25 Maret 2021 adalah 9% per tahun dimana                       March 25, 2021 is 9% per annum where the
       bunga yang dibayar oleh Perusahaan adalah                      interest payment rate is 5.25% per annum and
       5,25% per tahun dan bunga yang ditangguhkan                    deferred interest rate of 3.75% per annum will
       sebesar 3,75% per tahun dicicil 24 bulan dari                  be paid in 24 months installment from April
       bulan April 2021 sampai Maret 2023.                            2021 until March 2023.

    Pada 2021, Perusahaan telah menandatangani                     In 2021, the Company has signed several
    beberapa addendum perjanjian dengan beberapa                   addendum agreements with several points as
    poin sebagai berikut:                                          follows:

    a. penundaan pembayaran angsuran dari Maret                    a. deferred principal payment from March 2021
       2021 sampai September 2021.                                    until September 2021.
    b. suku bunga sejak tanggal 26 Maret 2021                      b. interest rate since March 26, 2021 until
       sampai 27 Desember 2021 adalah 9% per                          December 27, 2021 is 9% per annum where
       tahun dimana bunga yang dibayar oleh                           the interest payment rate is 5.25% per annum
       Perusahaan adalah 5,25% per tahun dan bunga                    and deferred interest rate of 3.75% per annum.
       ditangguhkan sebesar 3,75% per tahun.
    c. suku bunga sejak tanggal 28 Desember 2021                   c. interest rate since December 28, 2021 until
       sampai 25 Maret 2022 adalah 9% per tahun                       March 25, 2022 is 9% per annum where the
       dimana bunga yang dibayar oleh Perusahaan                      interest payment rate is 4% per annum and
       adalah 4% per tahun dan bunga ditangguhkan                     deferred interest rate of 5% per annum.
       sebesar 5% per tahun.
    d. Perusahaan diwajibkan untuk mempertahankan                  d. The Company is required to maintain the
       rasio keuangan sebagai berikut:                                following financial ratios:
         - current ratio minimal 1 (satu) kali;                       -     current ratio of at least 1 (one) time;
         - debt equity ratio maksimal 2,7 kali;                       -     debt equity ratio at a maximum of 2.7
                                                                            times;
         -   net operating cashflow/principal minimal                 -     net operating cashflow/principal of at
             100%;                                                          least 100%;
         -   loan to value maksimal 70%; dan                          -     loan to value ratio at a maximum of 70%;
                                                                            and
         -   interest coverage ratio minimal 1,5 kali.                -     interest coverage ratio of at least 1.5
                                                                            times.




                                                          - 96 -
Page 398
PT INTILAND DEVELOPMENT Tbk                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2024 dan 2023                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                              Otherwise Stated)


    e. jaminan menjadi sebagai berikut:                           e. the collaterals as follows:

        1)   Tanah dan bangunan Intiland Tower                       1)    Land and buildings of Intiland Tower
             Surabaya seluas 4.745 m2, milik                               Surabaya with an area of 4,745 square
             Perusahaan yang terletak di Surabaya                          meters, owned by the Company located
             (Catatan 17);                                                 in Surabaya (Note 17);
        2)   Tanah dan bangunan Intiland Tower                       2)    Land and buildings of Intiland Tower
             Jakarta seluas 8.394 m2, milik Perusahaan                     Jakarta with an area of 8,394 square
             yang terletak di Jakarta (Catatan 17);                        meters, owned by the Company located
                                                                           in Jakarta (Note 17);
        3)  Tanah seluas 43.196 m2 milik IG, entitas                 3)    Land with an area of 43,196 square
            anak, yang terletak di Surabaya (Catatan                       meters owned by IG, a subsidiary,
            9 dan 14);                                                     located in Surabaya (Notes 9 and 14);
        4) Tanah seluas 11.098 m2 milik Gandaria                     4)    Land with an area of 11,098 square
            Prima, entitas anak, yang terletak di                          meters owned by Gandaria Prima, a
            Jakarta (Catatan 9);                                           subsidiary, located in Jakarta (Note 9);
        5) Tanah seluas 1.800 m2 milik IG, entitas                   5)    Land with an area of 1,800 square meters
            anak,    yang    terletak   di Surabaya                        owned by IG, a subsidiary, located in
            (Catatan 9);                                                   Surabaya (Note 9);
        6) Tanah seluas 8.619 m2 milik SCG, entitas                  6)    Land with an area of 8,619 square meters
            anak,    yang    terletak   di Surabaya                        owned by SCG, a subsidiary, located in
            (Catatan 14);                                                  Surabaya (Note 14);
        7) Tanah seluas 26.036 m2 milik GFV, entitas                 7)    Land with an area of 26,036 square
            anak,    yang    terletak   di Surabaya                        meters owned by GFV, a subsidiary,
            (Catatan 9);                                                   located in Surabaya (Note 9);
        8) Tanah dan bangunan apartemen 1Park                        8)    Land and apartment buildings 1Park
            Avenue dan 1Park Hamilton dengan total                         Avenue and 1Park Hamilton with total
            luas 11.993 m2 milik Gandaria Prima,                           area of 11,993 square meters owned by
            entitas anak, yang terletak di Jakarta                         Gandaria Prima, a subsidiary, located in
            (Catatan 9);                                                   Jakarta (Note 9);
        9) Tanah dan bangunan proyek Praxis                          9)    Land and buildings of Praxis project with
            dengan total luas 10.704 m2 milik PSG,                         total area of 10,704 square meters owned
            entitas anak, yang terletak di Surabaya                        by PSG, a subsidiary, located in
            (Catatan 9);                                                   Surabaya (Note 9);
        10) Tanah dan bangunan proyek Spazio                         10)   Land and buildings of Spazio Tower
            Tower seluas 4.676 m2 milik IG, entitas                        project with total area of 4,676 square
            anak,    yang    terletak   di Surabaya                        meters owned by IG, a subsidiary,
            (Catatan 17);                                                  located in Surabaya (Note 17);
        11) Tanah seluas 17.422 m2 milik Vida, entitas               11)   Land with an area of 17,422 square
            anak,    yang     terletak    di  Jakarta                      meters owned by Vida, a subsidiary,
            (Catatan 14);                                                  located in Jakarta (Note 14);
        12) Tanah seluas 2.275 m2 milik THI, entitas                 12)   Land with an area of 2,275 square meters
            anak,    yang     terletak    di  Jakarta                      owned by THI, a subsidiary, located in
            (Catatan 14);                                                  Jakarta (Note 14);
        13) Jaminan perusahaan dari GP, IG, PSG,                     13)   Corporate guarantee from GP, IG, PSG,
            dan THI; dan                                                   and THI; and
        14) Seluruh pendapatan dari Perusahaan, GP,                  14)   All revenues of the Company, GP, IG,
            IG, PSG, THI, IS, KII, dan SPP.                                PSG, THI, IS, KII, and SPP.

   Tidak terdapat kewajiban yang harus dipenuhi                   There are no obligations that must be fulfilled in
   sehubungan dengan adanya jaminan perusahaan                    connection with the corporate guarantees
   tersebut di atas.                                              mentioned above.

    Pada tanggal 25 Maret 2022, Perusahaan telah                  On March 25, 2022, the Company has signed
    menandatangani beberapa addendum perjanjian                   several addendum agreements with several
    dengan beberapa poin sebagai berikut:                         points as follows:




                                                         - 97 -
Page 399
PT INTILAND DEVELOPMENT Tbk                                                  PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2024 dan 2023                                                         December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                          (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                            Otherwise Stated)


    a. suku bunga sejak tanggal 28 Desember 2021                a. interest rate since December 28, 2021 until
       sampai 27 Desember 2022 adalah 9% per                       December 27, 2022 is 9% per annum where
       tahun dimana bunga yang dibayar oleh                        the interest payment rate is 4% per annum and
       Perusahaan adalah 4% per tahun dan bunga                    deferred interest rate of 5% per annum.
       ditangguhkan sebesar 5% per tahun.

    b. penundaan    pembayaran      angsuran    dari            b. deferred principal payment from September
       September 2021 sampai April 2022.                           2021 until April 2022.

    Pada tanggal 24 Juli 2023, Perusahaan telah                 On July 24, 2023, the Company has signed
    menandatangani beberapa addendum perjanjian                 several addendum agreements with several
    dengan beberapa poin sebagai berikut:                       points as follows:

    a. perpanjangan tanggal jatuh tempo dari                    a. maturity date extension from December 21,
       21 Desember 2027 menjadi 21 Desember 2028.                  2027 to December 21, 2028.

    b. suku bunga sejak tanggal 28 Desember 2022                b. interest rate since December 28, 2022 until
       sampai 27 Desember 2023 adalah 9% per                       December 27, 2023 is 9% per annum where
       tahun dimana bunga yang dibayar oleh                        the interest payment rate is 4.5% per annum
       Perusahaan adalah 4,5% per tahun dan bunga                  and deferred interest rate of 4.5% per annum
       yang ditangguhkan sebesar 4,5% per tahun                    will be paid in 12 months installment from
       dicicil 12 bulan dari 25 Januari 2024 sampai                January 25, 2024 until December 28, 2025.
       28 Desember 2025.

    Pada tanggal 28 Juni 2024, Perusahaan telah                 On June 28, 2024, the Company has signed
    menandatangani beberapa addendum perjanjian                 several addendum agreements with several
    dengan beberapa poin sebagai berikut:                       points as follows:

    a. perpanjangan tanggal jatuh tempo dari                    a. maturity date extension from December 21,
       21 Desember 2028 menjadi 10 Desember 2031.                  2028 to December 10, 2031.

    b. suku bunga sejak tanggal 1 Januari 2024                  b. interest rate since January 1, 2024 until
       sampai 31 Desember 2027 adalah 7,5% per                     December 31, 2027 is 7.5% per annum where
       tahun dimana bunga yang dibayar oleh                        the interest payment rate is 4% per annum and
       Perusahaan adalah 4% per tahun dan bunga                    deferred interest rate of 3.5% per annum will
       yang ditangguhkan sebesar 3,5% per tahun                    be paid in pro-rate installment from
       dicicil pro-rata dari 10 Januari 2028 sampai                January 10, 2028 until December 10, 2031.
       10 Desember 2031.

    Perusahaan diwajibkan untuk menjaga rasio                   In relation to this credit facility, the Company is
    keuangan tertentu. Pada tanggal 31 Desember                 required to maintain certain financial ratios. As of
    2024 dan 2023, Perusahaan telah memenuhi                    December 31, 2024 and 2023, the Company has
    kewajiban rasio keuangan yang ada.                          complied with the required financial ratios.

    Beban bunga utang bank jangka pendek (termasuk              The interest expense (including capitalized
    beban bunga yang dikapitalisasi) pada tahun 2024            interest) on short-term bank loans amounted to
    dan 2023 masing-masing adalah sebesar                       Rp 130,676,894,757 and Rp 157,937,712,368 in
    Rp 130.676.894.757 dan Rp 157.937.712.368,                  2024 and 2023, respectively, while long-term
    sementara untuk utang bank jangka panjang                   bank loans amounted to Rp 221,779,456,106 and
    masing-masing          adalah            sebesar            Rp 274,983,411,890 in 2024 and 2023,
    Rp 221.779.456.106 dan Rp 274.983.411.890 pada              respectively.
    tahun 2024 dan 2023.

    Pada tahun 2024 dan 2023, beban bunga masing-               In 2024 and 2023, interest expense capitalized to
    masing    sebesar    Rp  52.838.311.162     dan             land    under   development      amounted      to
    Rp 100.447.716.045 dikapitalisasi ke persediaan             Rp 52,838,311,162 and Rp 100,447,716,045,
    tanah yang sedang dikembangkan.                             respectively.




                                                       - 98 -
Page 400
PT INTILAND DEVELOPMENT Tbk                                                            PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2024 dan 2023                                                                   December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                    (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                      Otherwise Stated)


    Keuntungan yang timbul atas restrukturisasi utang                    The gain arising from the restructuring of the
    bank sindikasi milik Perusahaan tahun 2024                           Company’s syndicated bank loan in 2024
    sebesar Rp 328.161.741.895 disajikan sebagai                         amounting to Rp 328,161,741,895 is presented as
    “Keuntungan     atas    penghapusan      liabilitas                  “Gain on extinguishment of financial liabilities” in
    keuangan” pada laba rugi.                                            profit or loss.

    Keuntungan yang timbul atas restrukturisasi                          The gain arising from the restructuring of several
    beberapa pinjaman bank milik Grup tahun 2023                         of the Group’s bank loans in 2023 amounting to
    sebesar Rp 62.361.367.318 disajikan sebagai                          Rp 62,361,367,318 is presented as “Impact on
    “Dampak modifikasi atas arus kas liabilitas                          modification of cash flow of financial liabilities” in
    keuangan” pada laba rugi.                                            profit or loss.


22. Utang Sukuk Ijarah                                                22. Sukuk Ijarah Payable

    Perincian utang sukuk ijarah adalah sebagai berikut:                 The following are the details of sukuk ijarah
                                                                         payable:

                                                  2024                     2023

    Jangka panjang                                                                         Long-term
      Nilai nominal                                                                          Nominal value
         Sukuk Ijarah Berkelanjutan I                                                           Continuing Sukuk Ijarah I
             Tahap II Tahun 2022               250.000.000.000          250.000.000.000            Phase II Year 2022
             Tahap III Tahun 2022 Seri B       125.000.000.000          125.000.000.000            Phase III Year 2022 Series B
             Tahap III Tahun 2022 Seri A                     -          125.000.000.000            Phase III Year 2022 Series A
      Biaya penerbitan sukuk                    (2.443.792.547)          (7.149.395.226)     Sukuk issuance cost

      Jumlah                                   372.556.207.453          492.850.604.774      Net

    Disajikan dalam laporan posisi                                                         Presented in the consolidated statements
       keuangan konsolidasian sebagai:                                                        of financial position under:
       Liabilitas jangka pendek                372.556.207.453          123.422.205.625       Current liabilities
       Liabilitas jangka panjang                             -          369.428.399.149       Noncurrent liabilities
    Jumlah                                     372.556.207.453          492.850.604.774    Total


    Sukuk   Ijarah   Berkelanjutan         I      Intiland               Continuing   Sukuk      Ijarah            I     Intiland
    Development Tahap III Tahun 2022                                     Development Phase III Year 2022

    Pada tanggal 2 Desember 2022, Perusahaan                             On December 2, 2022, the Company issued the
    menerbitkan Sukuk Ijarah Berkelanjutan I Intiland                    Continuing Sukuk Ijarah I Intiland Development
    Development Tahap III Tahun 2022 yang terdiri dari                   Phase III Year 2022 consisting of Sukuk Ijarah
    Sukuk Ijarah Seri A sebesar Rp 125.000.000.000                       Series A totaling to Rp 125,000,000,000 with an
    dengan      cicilan   imbalan     ijarah    sebesar                  installment of ijarah fee of Rp 12,875,000,000 per
    Rp 12.875.000.000 per tahun atau ekuivalen                           year or the equivalent of 10.30% per annum,
    sebesar 10,30% per tahun, dibayarkan setiap                          payable quarterly and will mature on December 2,
    triwulan dan akan jatuh tempo pada tanggal                           2024 and Sukuk Ijarah Series B totaling to
    2 Desember 2024 dan Sukuk Ijarah Seri B sebesar                      Rp 125,000,000,000 with an installment of ijarah
    Rp 125.000.000.000 dengan cicilan imbalan ijarah                     fee of Rp 13,250,000,000 per year or the
    sebesar Rp 13.250.000.000 per tahun atau                             equivalent of 10.60% per annum, payable
    ekuivalen sebesar 10,60% per tahun, dibayarkan                       quarterly and will mature on December 2, 2025.
    setiap triwulan dan akan jatuh tempo pada tanggal                    This sukuk ijarah is secured with three parcels of
    2 Desember 2025. Sukuk ijarah ini dijamin dengan                     land owned by PT Grande Family View, a
    tiga bidang tanah milik PT Grande Family View,                       subsidiary (Notes 14 and 17) located in Surabaya.
    entitas anak (Catatan 14 dan 17) yang berlokasi di                   This Sukuk was sold at its nominal value and are
    Surabaya. Sukuk ijarah dijual pada nilai nominal dan                 listed at the Indonesia Stock Exchange, with PT
    tercatat di Bursa Efek Indonesia, dengan PT Bank                     Bank Mega Tbk as trustee. The proceeds were
    Mega Tbk sebagai wali amanat. Dana sukuk ijarah                      used for loan repayment of the Company and its
    ini digunakan untuk pembayaran utang Perusahaan                      subsidiaries and working capital.
    dan entitas anak dan modal kerja.


                                                             - 99 -
Page 401
PT INTILAND DEVELOPMENT Tbk                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                Otherwise Stated)


    Pada tanggal 2 Desember 2024, Perusahaan telah                  On December 2, 2024, the Company had
    melunasi Sukuk Ijarah Berkelanjutan I Intiland                  redeemed the Continuing Sukuk Ijarah I Intiland
    Development Tahap III Tahun 2022 Seri A yang                    Development Phase III Year 2022 Series A that
    terbit di tahun 2022 sebesar Rp 125 milyar.                     were issued in 2022 amounting to Rp 125 billion.

    Sukuk   Ijarah   Berkelanjutan           I    Intiland          Continuing   Sukuk     Ijarah        I    Intiland
    Development Tahap II Tahun 2022                                 Development Phase II Year 2022

    Pada tanggal 25 Agustus 2022, Perusahaan                        On August 25, 2022, the Company issued the
    menerbitkan Sukuk Ijarah Berkelanjutan I Intiland               Continuing Sukuk Ijarah I Intiland Development
    Development Tahap II Tahun 2022 dengan sisa                     Phase II Year 2022 with nominal value of
    imbalan ijarah sebesar Rp 250.000.000.000 dengan                Rp 250,000,000,000 with an installment of ijarah
    cicilan imbalan ijarah sebesar Rp 26.250.000.000                fee of Rp 26,250,000,000 per year or the
    per tahun atau ekuivalen sebesar 10,50% per tahun,              equivalent of 10.50% per annum, payable
    dibayarkan setiap triwulan dan akan jatuh tempo                 quarterly and will mature on August 25, 2025.
    pada tanggal 25 Agustus 2025. Sukuk ijarah ini                  This sukuk ijarah is secured with a parcel of land
    dijamin dengan sebidang tanah milik PT Grande                   owned by PT Grande Family View, a subsidiary
    Family View, entitas anak (Catatan 17) yang                     (Note 17) located in Surabaya. This Sukuk was
    berlokasi di Surabaya. Sukuk ijarah dijual pada nilai           sold at its nominal value and are listed at the
    nominal dan tercatat di Bursa Efek Indonesia,                   Indonesia Stock Exchange, with PT Bank Mega
    dengan PT Bank Mega Tbk sebagai wali amanat.                    Tbk as trustee. The proceeds were used for loan
    Dana sukuk ijarah ini digunakan untuk pembayaran                repayment of the remaining Sukuk Ijarah Phase I .
    kembali sisa Sukuk Ijarah Tahap I.

    Terkait Sukuk, Perusahaan diharuskan memenuhi                   Related to Sukuk, the Company shall maintain
    rasio keuangan sebagai berikut:                                 financial ratios as follows:

    - Interest coverage ratio atas dasar laporan                    - Interest coverage ratio from annual consolidated
      keuangan tahunan konsolidasian tidak kurang                     financial statement at the minimum of 1.5 : 1;
      dari 1,5 : 1;

    - Interest bearing debt to equity ratio atas dasar              - Interest bearing debt to equity ratio from
      laporan keuangan tahunan konsolidasian tidak                    annual consolidated financial statement at the
      lebih dari 2 : 1.                                               maximum of 2 : 1.

    Pada tanggal 31 Desember 2024 dan 2023,                         As of December 31, 2024 and 2023, the
    Perusahaan telah memenuhi kewajiban rasio                       Company has complied with the required financial
    keuangan yang ada.                                              ratios.

    Berdasarkan     peringkat       yang      dibuat   oleh         Based on the rating issued by PT Kredit Rating
    PT Kredit Rating Indonesia tanggal 30 April 2024,               Indonesia on April 30, 2024, the Sukuk are rated
    peringkat Sukuk ini adalah “ ir A-” (Single A Minus).           “ ir A-” (Single A Minus).

   Beban bunga utang sukuk ijarah pada tahun 2024                   The interest expense on sukuk ijarah payable
   dan   2023    masing-masing    adalah    sebesar                 amounted      to  Rp   51,302,083,333   and
   Rp 51.302.083.333 dan Rp 52.375.000.000.                         Rp 52,375,000,000 in 2024 and 2023,
                                                                    respectively.




                                                          - 100 -
Page 402
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


23. Utang Usaha kepada Pihak Ketiga                              23. Trade Accounts Payable to Third Parties

                                              2024                    2023

    Kontraktor                              43.545.922.015          37.740.502.283    Contractors
    Pemasok                                 18.334.108.244          11.621.942.741    Suppliers
    Lain-lain                               22.471.103.133          15.736.690.139    Others

    Jumlah                                  84.351.133.392          65.099.135.163    Total




    Rincian umur utang usaha dihitung sejak tanggal                  The aging analysis of trade accounts payable
    faktur adalah sebagai berikut:                                   from the date of invoice follows:

                                              2024                   2023

    Belum jatuh tempo                       15.386.349.258         30.411.238.244     Not yet due
    Jatuh tempo:                                                                      Past due:
      Kurang dari 30 hari                   14.150.629.789         12.546.120.780       Under 30 days
      31 - 60 hari                          11.720.883.742          5.167.133.938       31 - 60 days
      61 - 90 hari                           3.607.601.888          2.638.893.907       61 - 90 days
      91 - 120 hari                          5.192.353.504          2.098.333.171       91 - 120 days
      Lebih dari 120 hari                   34.293.315.211         12.237.415.123       More than 120 days

    Jumlah                                  84.351.133.392         65.099.135.163     Total



24. Utang Lain-lain                                              24. Other Accounts Payable

    Rincian utang lain-lain kepada pihak ketiga adalah               The details of other accounts payable to third
    sebagai berikut:                                                 parties follows:

                                              2024                    2023

    Pinjaman dari pihak ketiga:                                                       Loans from third parties:
        Jangka pendek                                                                    Short-term
           PT Mustika Semesta               25.150.405.474          27.330.329.581           PT Mustika Semesta
           Tjahjono Tjandra                  1.666.666.666           9.999.999.996           Tjahjono Tjandra
           Tjenharto Kohar                               -          23.380.000.000           Tjenharto Kohar
           PT Satria Sahaja Mulia                        -           7.849.472.625           PT Satria Sahaja Mulia
           PT Tejaalam Multisari                         -           2.298.731.552           PT Tejaalam Multisari
       Jumlah jangka pendek                 26.817.072.140          70.858.533.754        Total short-term
       Biaya perolehan diamortisasi                      -          (3.268.034.884)       Unamortized cost

       Jumlah Jangka Pendek - Bersih        26.817.072.140          67.590.498.870        Total Short-term - Net

       Jangka panjang                                                                     Long-term
          PT Global Ekabuana                25.500.000.000          25.500.000.000           PT Global Ekabuana
          Tjenharto Kohar                   23.380.000.000                       -           Tjenharto Kohar
          PT Muji Karya Utama               13.500.000.000                       -           PT Muji Karya Utama
          PT Galang Gema Pradana                 7.705.683               7.705.683           PT Galang Gema Pradana
          PT Anugerah Kurnia Sukses                      -          16.500.000.000           PT Anugerah Kurnia Sukses
          PT Starlight Nusa Property                     -           5.000.000.000           PT Starlight Nusa Property
       Tjahjono Tjandra                                  -           1.666.666.673           Tjahjono Tjandra
       Jumlah Jangka Panjang                62.387.705.683          48.674.372.356        Total Long-term

    Jumlah Pinjaman dari Pihak Ketiga       89.204.777.823         116.264.871.226    Total Loans from Third Parties




                                                       - 101 -
Page 403
PT INTILAND DEVELOPMENT Tbk                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                Otherwise Stated)


                                                2024                 2023

     Utang lain-lain                                                                Other payables
        Jangka pendek                                                                  Short-term
            Dividen                            3.871.038.957        3.871.038.957          Dividend
            Lain-lain                         19.922.885.445       12.890.906.499          Others
        Jumlah jangka pendek                  23.793.924.402       16.761.945.456      Total short-term

        Jangka panjang                                                                 Long-term
           Bunga utang bank (Catatan 21)     325.749.268.023      200.257.301.381         Interest on bank loans (Note 21)

     Jumlah Utang Lain-lain                  349.543.192.425      217.019.246.837   Total Other Payables

     Jumlah                                  438.747.970.248      333.284.118.063   Total



    PT Mustika Semesta (MS)                                       PT Mustika Semesta (MS)

    Utang kepada MS, pihak ketiga, merupakan utang                Payable to MS, a third party, represents
    PT Selasih Safar (SS), entitas anak, sehubungan               PT Selasih Safar’s (SS), a subsidiary, unpaid
    dengan pembiayaan modal kerja entitas anak                    balance of loan from MS for working capital of SS.
    tersebut. Utang ini tidak dikenakan bunga serta               This payable is non-interest bearing and has no
    tidak ditentukan jangka waktu pengembaliannya.                definite repayment schedule.

    Tjahjono Tjandra                                              Tjahjono Tjandra

    Pada tanggal 17 Januari 2022, PLP, entitas anak,              On January 17, 2022, PLP, a subsidiary, obtained
    menerima pinjaman dari Tjahjono Tjandra, pihak                a loan from Tjahjono Tjandra, third party,
    ketiga,   sehubungan     dengan     modal   kerja             representing working capital for the development
    pengembangan Pergudangan Aeropolis sebesar                    of    Warehouse     Aeropolis     amounting    to
    Rp 20.000.000.000 dengan bunga 13,5% per                      Rp 20,000,000,000 with interest at 13.5% per
    tahun. Pinjaman ini akan jatuh tempo pada tanggal             annum. This payable will mature on March 1,
    1 Maret 2025.                                                 2025.

    Pinjaman ini dijamin dengan tanah dan bangunan                This loan is secured with land and building owned
    milik PLP yang terletak di Tangerang, Banten.                 by PLP located in Tangerang, Banten.

    Pinjaman ini telah dilunasi seluruhnya pada tanggal           This loan was fully paid on March 11, 2025.
    11 Maret 2025.

    Tjenharto Kohar                                               Tjenharto Kohar

    Utang kepada Tjenharto Kohar, pihak ketiga,                   Payable to Tjenharto Kohar, a third party,
    merupakan utang PT Inti Gria Persada, entitas                 represents payable of PT Inti Gria Persada,
    anak, sehubungan dengan pembelian tanah yang                  a subsidiary, in connection with the purchase of
    berlokasi di Kebon Melati, Jakarta, dan akan jatuh            land located in Kebon Melati, Jakarta, and
    tempo antara 2019 sampai 2021 namun telah                     will be due between 2019 to 2021 but has been
    diperpanjang beberapa kali, terakhir sampai                   extended several times, and the latest extension is
    dengan tanggal 14 September 2026.                             until September 14, 2026.

    Utang ini tidak dikenakan bunga dan dijamin                   This payable is non-interest bearing and secured
    dengan jaminan tanah di Kebon Melati dan atau                 by land and building located in Kebon Melati
    bangunan yang berdiri di atasnya (Catatan 14).                (Note 14).




                                                        - 102 -
Page 404
PT INTILAND DEVELOPMENT Tbk                                                  PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2024 dan 2023                                                         December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                          (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                            Otherwise Stated)


    PT Satria Sahaja Mulia                                      PT Satria Sahaja Mulia

    Utang kepada PT Satria Sahaja Mulia, pihak ketiga,          Payable to PT Satria Sahaja Mulia, a third party,
    merupakan utang PT Jateng Industri Intiland,                represents payable of PT Jateng Industri Intiland,
    entitas anak, sehubungan dengan perjanjian jual             a subsidiary, in connection with the share
    beli saham atas PT Perkebunan dan Industri                  purchase agreement of PT Perkebunan dan
    Segajung pada tahun 2021. Utang ini tidak                   Industri Segajung in 2021. This payable is non-
    dikenakan bunga dan akan diangsur secara                    interest bearing and will be paid annually in
    tahunan selama 4 tahun.                                     4 years term.

    Pinjaman ini telah seluruhnya dilunasi pada tanggal         This payable was fully paid on January 11, 2024.
    11 Januari 2024.

    PT Tejaalam Multisari (TM)                                  PT Tejaalam Multisari (TM)

    Utang kepada TM, pihak ketiga, merupakan utang              Payable to TM, a third party, represents
    PT Melati Anugerah Semesta (MAS), entitas anak,             PT    Melati   Anugerah       Semesta’s   (MAS),
    sehubungan dengan pembiayaan operasional                    a subsidiary, unpaid balance which mainly
    entitas anak tersebut. Utang ini tidak dikenakan            advanced payments of expenses made by TM on
    bunga serta tidak ditentukan jangka waktu                   behalf of MAS. This payable is non-interest
    pengembaliannya.                                            bearing and has no definite repayment schedule.

    PT Global Ekabuana (GE)                                     PT Global Ekabuana (GE)

    Berdasarkan Akta No. 18 tanggal 20 Maret 2023,              Based on Deed No. 18 dated March 20, 2023,
    utang kepada GE, pihak ketiga, merupakan utang              payable to GE, a third party, represents payable
    Badan Kerjasama Mutiara Buana (BKMB), entitas               from Badan Kerjasama Mutiara Buana (BKMB), a
    anak, sehubungan dengan pembayaran kewajiban                subsidiary, in connection with the bank loan
    utang bank entitas anak tersebut kepada PT Bank             repayment to PT Bank Pan Indonesia Tbk. This
    Pan Indonesia Tbk. Utang ini dijamin dengan                 payable is secured with 550,000 shares in
    550.000 lembar saham di PT Cipta Area Pesona                PT Cipta Area Pesona which belongs to
    milik PT Henutama Kokoh Abadi, pihak berelasi.              PT Henutama Kokoh Abadi, a related party. This
    Pinjaman ini dikenakan bunga sebesar suku bunga             payable bears interest at the bank loan rate and
    pinjaman bank dan akan jatuh tempo pada tanggal             will mature on March 20, 2026.
    20 Maret 2026.

    PT Muji Karya Utama (MKU)                                   PT Muji Karya Utama (MKU)

    Pada tanggal 19 Desember 2024, IG, entitas anak,            On December 19, 2024, IG, a subsidiary, obtained
    menerima pinjaman dari MKU, pihak ketiga,                   a loan from MKU, third party, representing working
    sehubungan dengan modal persiapan dan                       capital for the preparation and operational costs of
    pengoperasian Hotel Whiz Luxe Spazio sebesar                Whiz Luxe Spazio Hotel amounting to
    Rp 13.500.000.000 dengan pembayaran bunga                   Rp 13,500,000,000 with the interest payment by
    berupa revenue share 12,27% dari pendapatan                 revenue share 12.27% of monthly income of Whiz
    Hotel Whiz Luxe Spazio per bulan. Pinjaman ini              Luxe Spazio Hotel. This payable will mature on
    akan jatuh tempo pada tanggal 18 Desember 2034.             December 18, 2034.

    PT Galang Gema Pradana (GGP)                                PT Galang Gema Pradana (GGP)

    Utang kepada GGP, pihak ketiga, merupakan utang             Payable to GGP, a third party, represents
    PT Inti Gria Persada (Persada), entitas anak,               PT Inti Gria Persada’s (Persada), a subsidiary,
    sehubungan dengan pembiayaan operasional                    unpaid balance on advance payments of
    entitas anak tersebut. Utang ini tidak dikenakan            expenses made by GGP on behalf of Persada.
    bunga serta tidak ditentukan jangka waktu                   This payable is non-interest bearing and has no
    pengembaliannya.                                            definite repayment schedule.




                                                      - 103 -
Page 405
PT INTILAND DEVELOPMENT Tbk                                                          PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2024 dan 2023                                                                 December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                  (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                    Otherwise Stated)


    PT Anugerah Kurnia Sukses (AKS)                                    PT Anugerah Kurnia Sukses (AKS)

    Pada tanggal 16 Januari 2023, IG, entitas anak,                    On January 16, 2023, IG, a subsidiary, obtained a
    menerima pinjaman dari AKS, pihak ketiga,                          loan from AKS, third party, representing working
    sehubungan dengan modal persiapan dan                              capital for the preparation and operational costs of
    pengoperasian Hotel Whiz Luxe Spazio sebesar                       Whiz Luxe Spazio Hotel amounting to
    Rp 16.500.000.000 dengan pembayaran bunga                          Rp 16,500,000,000 with the interest payment by
    berupa revenue share 15% dari pendapatan Hotel                     revenue share 15% of monthly income of Whiz
    Whiz Luxe Spazio per bulan. Pinjaman ini akan                      Luxe Spazio Hotel. This payable will mature on
    jatuh tempo pada tanggal 16 Januari 2034.                          January 16, 2034.

    Pinjaman ini telah seluruhnya dilunasi pada tanggal                This payable was fully paid on December 18,
    18 Desember 2024.                                                  2024.

    PT Starlight Nusa Property (SNP)                                   PT Starlight Nusa Property (SNP)

    Utang kepada SNP, pihak ketiga, merupakan utang                    Payable to SNP, a third party, represents
    sehubungan dengan kerjasama pada BKIS. Utang                       the payable in relation to the cooperation in BKIS.
    ini tidak dikenakan bunga serta tidak ditentukan                   This payable is non-interest bearing and has no
    jangka waktu pengembaliannya.                                      definite repayment schedule.

    Beban bunga utang lain-lain (termasuk beban                        The interest expense (including capitalized
    bunga yang dikapitalisasi ke tanah yang sedang                     interest to land under development) on other
    dikembangkan) pada tahun 2024 dan 2023 masing-                     account payable amounted to Rp 9,995,028,421
    masing adalah sebesar Rp 9.995.028.421 dan                         and Rp 6,875,641,514 in 2024 and 2023,
    Rp 6.875.641.514 (Catatan 9).                                      respectively (Note 9).

    Pada tahun 2024 dan 2023, beban bunga masing-                      In 2024 and 2023, interest expense capitalized to
    masing    sebesar    Rp   1.522.500.000   dan                      land    under   development      amounted      to
    Rp 2.278.125.000 dikapitalisasi ke persediaan                      Rp 1,522,500,000 and Rp 2,278,125,000,
    tanah yang sedang dikembangkan.                                    respectively.


25. Utang Pajak                                                     25. Taxes Payable

                                                 2024                   2023

    Pajak penghasilan final                     5.652.963.813          7.296.227.413   Final income tax
    Pajak penghasilan:                                                                 Other income taxes
       Pasal 21                                 1.561.204.906          3.071.645.468      Article 21
       Pasal 23                                   804.433.172            620.893.881      Article 23
       Pasal 4 (2)                                781.668.962            928.582.195      Article 4 (2)
       Pasal 29 (Catatan 42)                    4.190.182.153          4.480.102.420      Article 29 (Note 42)
    Pajak pertambahan nilai                    13.863.148.612         17.358.302.019   Value added tax
    Pajak pembangunan I                         1.003.296.021            781.851.268   Development tax I

    Jumlah                                     27.856.897.639         34.537.604.664   Total



   Besarnya      pajak    yang     terutang    ditetapkan              The filed tax returns are based on the Group’s
   berdasarkan perhitungan pajak yang dilakukan                        own calculation of tax liabilities (self-assessment).
   sendiri oleh wajib pajak (self-assessment).




                                                          - 104 -
Page 406
PT INTILAND DEVELOPMENT Tbk                                                                  PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
31 Desember 2024 dan 2023                                                                         December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                          (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                            Otherwise Stated)


26. Beban Akrual                                                           26. Accrued Expenses

                                                          2024                     2023

    Proyek                                             350.452.190.056          462.931.383.899   Project
    Bunga                                               48.062.095.197          183.612.579.080   Interest
    Air dan listrik                                     34.362.005.503           55.471.947.001   Water and electrical
    Perijinan                                           14.448.812.450           14.448.812.450   Permit
    Jasa profesional                                     2.463.740.000            1.825.000.000   Professional fee
    Asuransi                                               737.909.590              670.826.899   Insurance
    Pajak                                                  433.897.457              369.937.163   Taxes
    Kantor                                                  25.043.299              358.678.494   Office
    Lain-lain                                           72.651.015.958           73.630.570.589   Others

    Jumlah                                             523.636.709.510          793.319.735.575   Total



27. Pendapatan Diterima Dimuka                                             27. Unearned Revenues

    Akun ini terutama merupakan uang muka dari                                 This account mainly represents advances from
    pelanggan atas sewa kantor.                                                customers for office rental.

                                                          2024                     2023

    Disajikan dalam laporan posisi keuangan                                                       Presented in the consolidated statements of
       konsolidasian sebagai:                                                                        financial position under:
       Liabilitas jangka pendek                         95.721.743.978         126.962.849.398       Current liabilities
       Liabilitas jangka panjang                        13.062.822.804           5.007.522.222       Noncurrent liabilities

    Jumlah                                             108.784.566.782         131.970.371.620    Total




28. Liabilitas Kontrak                                                     28. Contract Liabilities

    Liabilitas kontrak merupakan uang muka penjualan                           Contract liabilities represent advances received
    persediaan real estat yang diterima dari pelanggan                         from buyers for the sale of real estate inventories
    yang kewajiban pelaksanaanya belum terpenuhi.                              wherein the performance obligation have not been
                                                                               satisfied.

    Mutasi dari liabilitas kontrak adalah sebagai berikut:                     The movement of contract liabilities is as follows:

                                                         2024                     2023

    Saldo awal                                      1.587.257.329.265        3.467.574.534.329    Beginning balance
    Pendapatan yang diakui selama tahun berjalan   (1.669.531.653.307)      (3.135.559.389.326)   Revenue recognized during the year
    Kenaikan yang disebabkan oleh penerimaan kas    1.242.346.572.211        1.067.863.303.623    Increase due to cash received
    Beban bunga atas liabilitas kontrak                97.839.163.849          187.378.880.639    Interest expense on contract liabilities

    Saldo akhir                                    1.257.911.412.018        1.587.257.329.265     Ending balance

    Kewajiban pelaksanaan belum dipenuhi yang tersisa                          The remaining unsatisfied performance obligation
    akan dipenuhi antara tahun 2025 dan 2026.                                  will be satisfied between 2025 and 2026.

    Beban bunga atas liabilitas kontrak disajikan pada                         Interest expense on contract liabilities was
    akun “Komponen pendanaan atas liabilitas kontrak”                          recorded as “Financing component of contract
    pada laba rugi.                                                            liabilities” in profit or loss.




                                                                 - 105 -
Page 407
PT INTILAND DEVELOPMENT Tbk                                                               PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                    AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2024 dan 2023                                                                      December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                       (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                         Otherwise Stated)


   Rincian liabilitas kontrak berdasarkan persentase                        Details of contract liabilities based on the
   terhadap harga jual adalah sebagai berikut:                              percentage of sales price is as follows:

                                                     2024                   2023

     100%                                         769.067.139.339       1.224.627.677.066      100%
     50% - 99%                                    379.579.966.920         195.486.536.337      50% - 99%
     20% - 49%                                     68.579.087.498          95.945.102.733      20% - 49%
     <20%                                          40.685.218.261          71.198.013.129      <20%

     Jumlah                                      1.257.911.412.018      1.587.257.329.265      Total


     Disajikan dalam laporan posisi keuangan                                                   Presented in the consolidated statements of
        konsolidasian sebagai:                                                                    financial position under:
        Liabilitas jangka pendek                 1.162.804.337.024      1.419.623.972.560         Current liabilities
        Liabilitas jangka panjang                   95.107.074.994        167.633.356.705         Noncurrent liabilities

     Jumlah                                      1.257.911.412.018      1.587.257.329.265      Total



29. Utang Pembiayaan Konsumen                                           29. Consumer Finance Payables

   Grup memiliki perjanjian pembiayaan konsumen                             The Group has entered into consumer finance
   untuk pengadaan kendaraan (Catatan 18).                                  agreements for the procurement of vehicles
                                                                            (Note 18).

   Pada tanggal 31 Desember 2024 dan 2023, rincian                          As of December 31, 2024 and 2023, the details of
   pembayaran utang pembiayaan konsumen adalah                              consumer finance payables follows:
   sebagai berikut:

                                                       2024                    2023

    a. Berdasarkan Jatuh Tempo                                                                   a. By Due Date

       Pembayaran yang jatuh tempo pada tahun:                                                         Payments due in:
          2024                                                   -              113.928.000                2024
          2025                                         183.235.480              104.434.000                2025
          2026                                          78.801.480                        -                2026
          2027                                          39.400.740                        -                2027
       Jumlah pembayaran minimum sewa                  301.437.700              218.362.000            Total minimum lease payments
       Bunga                                           (20.009.231)             (26.494.108)           Interest

                                                                                                       Present value of minimum lease
       Nilai kini pembayaran minimum sewa              281.428.469              191.867.892               payments
       Bagian yang akan jatuh tempo
           dalam satu tahun                            (168.242.894)            (94.045.230)           Current portion

       Bagian utang pembiayaan konsumen                                                                Long-term portion of consumer
          yang akan jatuh tempo dalam                                                                     finance payables - net of
          waktu lebih dari satu tahun                  113.185.575               97.822.662               current portion

    b. Berdasarkan Lessor                                                                        b. By Lessor

       PT BCA Finance                                  197.003.700                        -            PT BCA Finance
       PT Mitsui Leasing Capital Indonesia             104.434.000              218.362.000            PT Mitsui Leasing Capital Indonesia

       Jumlah                                          301.437.700              218.362.000            Total


   Utang ini berjangka waktu 3 - 4 tahun, dengan suku                       These obligations have terms of 3 - 4 years, with
   bunga efektif per tahun 5,09% - 12,68% pada tahun                        effective interest per annum 5.09% - 12.68% in
   2024 dan 2023. Semua utang adalah dalam mata                             2024 and 2023. All consumer finance payables
   uang Rupiah dan dibayar pada jumlah tetap setiap                         are denominated in Rupiah and payable at fixed
   bulan. Utang ini dijamin dengan aset yang dibeli                         amount on a monthly basis. These obligations are
   menggunakan       dana    dari   pinjaman    terkait                     secured by the assets purchased using the
   (Catatan 18).                                                            proceeds from the related loan (Note 18).



                                                              - 106 -
Page 408
PT INTILAND DEVELOPMENT Tbk                                                                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                             For the Years Ended
31 Desember 2024 dan 2023                                                                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                              Otherwise Stated)


   Beban bunga utang pembiayaan konsumen adalah                                                                Interest expense on consumer finance payables
   masing-masing sebesar Rp 24.501.839 dan                                                                     amounted to Rp 24,501,839 and Rp 31,512,974 in
   Rp 31.512.974 pada tahun 2024 dan 2023                                                                      2024 and 2023, respectively (Note 41).
   (Catatan 41).


30. Uang Jaminan                                                                                        30. Guarantee Deposits

   Akun ini merupakan jaminan sewa gedung kantor                                                               This account represents office rental deposits and
   dan jaminan atas pembangunan rumah.                                                                         deposits for house constructions.

                                                                           2024                                  2023

    Disajikan dalam laporan posisi keuangan                                                                                                Presented in the consolidated statements of
       konsolidasian sebagai:                                                                                                                 financial position under:
       Liabilitas jangka pendek                                        94.102.630.111                       64.615.863.959                    Current liabilities
       Liabilitas jangka panjang                                      214.072.102.203                      230.908.977.301                    Noncurrent liabilities

    Jumlah                                                            308.174.732.314                      295.524.841.260                 Total




31. Pengukuran Nilai Wajar                                                                              31. Fair Value Measurement

   Tabel berikut menyajikan pengukuran nilai wajar                                                             The following table provides the fair value
   aset dan liabilitas tertentu Grup:                                                                          measurement of the Group’s certain assets and
                                                                                                               liabilities:

                                                                               31 Desember 2024/December 31, 2024
                                                                                                 Pengukuran nilai wajar menggunakan:/
                                                                                                    Fair value measurement using:
                                                                                                                                     Input signifikan
                                                                                                                                        yang tidak
                                                                                                            Input signifikan              dapat
                                                                              Harga kuotasian                 yang dapat              diobservasi
                                                                             dalam pasar aktif/              di observasi               (Level 3)/
                                                                                    (Level 1)/                 (Level 2)/              Significant
                                                                               Quoted prices                 Significant             unobservable
                                                        Nilai Tercatat/     in active markets             observable inputs               inputs
                                                       Carrying Values              (Level 1)                  (Level 2)                (Level 3)


    Aset yang diukur pada nilai wajar:                                                                                                                      Assets measured at fair value:
     Aset keuangan yang diukur pada nilai wajar
        melalui penghasilan komprehensif lain                                                                                                                   Financial assets at FVOCI
        Investasi dalam saham                           102.421.571.139                             -                          -     102.421.571.139            Investments in shares


    Aset yang nilai wajarnya disajikan:                                                                                                                     Asset for which fair value are disclosed:
      Properti investasi yang dicatat pada biaya
        perolehan                                      1.638.491.113.505                            -                          -    4.439.026.375.000         Investment properties carried at cost


    Liabilitas yang nilai wajarnya disajikan                                                                                                                Liabilities for which fair values are disclosed:
      Pinjaman dan utang dengan bunga                                                                                                                         Interest-bearing loans and borrowings:
        Utang bank (bagian jangka pendek dan                                                                                                                    Bank loans (including current
          bagian jangka panjang)                       2.690.630.688.452                            -      3.096.022.804.238                            -         and noncurrent portion)
        Utang sukuk ijarah (bagian jangka pendek dan                                                                                                            Sukuk ijarah payable (including current
          bagian jangka panjang)                        372.556.207.453           351.679.627.201                              -                        -         and noncurrent portion)




                                                                                        - 107 -
Page 409
PT INTILAND DEVELOPMENT Tbk                                                                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                       For the Years Ended
31 Desember 2024 dan 2023                                                                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                        Otherwise Stated)


                                                                               31 Desember 2023/December 31, 2023
                                                                                             Pengukuran nilai wajar menggunakan:/
                                                                                                Fair value measurement using:
                                                                                                                               Input signifikan
                                                                                                                                  yang tidak
                                                                                                         Input signifikan             dapat
                                                                              Harga kuotasian              yang dapat            diobservasi
                                                                             dalam pasar aktif/           di observasi             (Level 3)/
                                                                                  (Level 1)/                (Level 2)/            Significant
                                                                               Quoted prices               Significant         unobservable
                                                        Nilai Tercatat/    in active markets           observable inputs             inputs
                                                       Carrying Values            (Level 1)                 (Level 2)              (Level 3)

    Aset yang diukur pada nilai wajar:                                                                                                                Assets measured at fair value:
      Aset keuangan yang diukur pada nilai wajar
        melalui penghasilan komprehensif lain                                                                                                             Financial assets at FVOCI
        Investasi dalam saham                            27.015.753.500                       -                         -        27.015.753.500           Investments in shares

    Aset yang nilai wajarnya disajikan:                                                                                                               Asset for which fair value are disclosed:
      Properti investasi yang dicatat pada biaya
        perolehan                                      1.749.636.360.459                      -                         -     4.439.026.375.000         Investment properties carried at cost

    Liabilitas yang nilai wajarnya disajikan                                                                                                          Liabilities for which fair values are disclosed:
      Pinjaman dan utang dengan bunga                                                                                                                   Interest-bearing loans and borrowings:
        Utang bank (bagian jangka pendek dan                                                                                                               Bank loans (including current
           bagian jangka panjang)                      2.983.528.065.883                      -       3.088.281.171.729                           -          and noncurrent portion)
        Utang sukuk ijarah (bagian jangka pendek dan                                                                                                       Sukuk ijarah payable (including current
           bagian jangka panjang)                       492.850.604.774       448.777.753.393                           -                         -          and noncurrent portion)



    Nilai     wajar     instrumen    keuangan     yang                                                    The fair value of financial instruments traded in
    diperdagangkan di pasar aktif adalah berdasarkan                                                      active markets is based on quoted market prices
    kuotasi harga pasar pada tanggal pelaporan. Pasar                                                     at the reporting date. A market is regarded as
    dianggap aktif apabila kuotasi harga tersedia                                                         active if quoted prices are readily and regularly
    sewaktu-waktu dan dapat diperoleh secara rutin dari                                                   available from an exchange, dealer, or broker,
    bursa, pedagang efek, perantara efek, kelompok                                                        industry group pricing service, or regulatory
    industri atau badan penyedia jasa penentuan harga,                                                    agency, and those prices represent actual and
    atau badan pengatur, dan harga tersebut                                                               regularly occurring market transaction on an
    mencerminkan transaksi pasar yang aktual dan rutin                                                    arm’s lengths basis. The quoted market price
    dalam suatu transaksi yang wajar. Kuotasi harga                                                       used for financial assets held by the Group is the
    pasar yang digunakan untuk aset keuangan yang                                                         current bid price. These instruments are included
    dimiliki oleh Grup adalah harga penawaran                                                             in Level 1.
    (bid price) terkini. Instrumen keuangan seperti ini
    termasuk dalam hirarki Level 1.

    Nilai wajar instrumen keuangan yang tidak                                                             The fair value of financial instruments that are not
    diperdagangkan       di    pasar     aktif   ditentukan                                               traded in an active market is determined by using
    menggunakan teknik penilaian. Teknik penilaian ini                                                    valuation techniques. These valuation techniques
    memaksimalkan penggunaan data pasar yang dapat                                                        maximize the use of observable market data
    diobservasi yang tersedia dan sesedikit mungkin                                                       where it is available and rely as little as possible
    mengandalkan estimasi spesifik yang dibuat oleh                                                       on entity’s specific estimates. If all significant
    entitas. Jika seluruh input signifikan yang dibutuhkan                                                inputs required to fair value an instrument are
    untuk menentukan nilai wajar dapat diobservasi,                                                       observable, the instrument is included in Level 2.
    maka instrumen tersebut termasuk dalam hirarki
    Level 2.

    Teknik penilaian spesifik yang digunakan untuk                                                       Specific valuation techniques used to value asset
    menentukan nilai wajar aset dan liabilitas pada                                                      and liabilities at Level 2 are discounted cash flow
    Level 2 adalah analisa arus kas diskonto dan                                                         analysis and market–comparable approach.
    pendekatan pasar pembanding.

    Jika satu atau lebih input signifikan tidak diambil dari                                             If one or more of the significant inputs is not
    data pasar yang dapat diobservasi, maka instrumen                                                    based on observable market data, the instrument
    tersebut termasuk dalam hirarki Level 3.                                                             is included in Level 3.




                                                                                     - 108 -
Page 410
PT INTILAND DEVELOPMENT Tbk                                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                   Otherwise Stated)


    Informasi tentang pengukuran nilai wajar yang                                     The information about fair value measurements
    menggunakan input signifikan yang tidak dapat                                     using significant unobservable inputs are as
    diobservasi adalah sebagai berikut:                                               follows:

                                                  Teknik penilaian/
                Keterangan/                          Valuation                  Input yang tidak dapat diobservasi/
                Description                         Technique                           Unobservable Input

     Properti investasi/                         Pendekatan pasar             Estimasi harga jual per meter persegi
      Investment properties                        pembanding/                Estimated selling price per square meters
                                                 Market-comparable
                                                     approach

                                                 Pendekatan biaya             Estimasi biaya penggantian setelah
                                                    pengganti/                dikurangi depresiasi/
                                                 Replacement cost             Estimated replacement cost net of
                                                    approach                  depreciation



32. Kepentingan Nonpengendali                                                    32. Non-controlling Interest

   Kepentingan nonpengendali atas aset bersih dan                                     Details of non-controlling interest in net assets
   penghasilan (rugi) komprehensif entitas anak                                       and comprehensive income (loss) of subsidiaries
   sebagai berikut:                                                                   follows:

                                                              2024                     2023

    a. Kepentingan nonpengendali atas aset bersih                                                      a. Non-controlling interests in net assets
          entitas anak                                                                                       of the subsidiaries
          PT Putra Sinar Permaja (PSP)                    836.633.309.050           831.844.391.078          PT Putra Sinar Permaja (PSP)
          PT Raharja Mitra Familia (RMF)                  188.795.475.690           257.069.477.237          PT Raharja Mitra Familia (RMF)
          PT Melati Anugerah Semesta (MAS)                 64.350.558.670            50.438.746.524          PT Melati Anugerah Semesta (MAS)
          Badan Kerjasama Intiland Starlight (BKIS)         3.061.716.439             7.232.175.299          Badan Kerjasama Intiland Starlight (BKIS)
          PT Selasih Safar (SS)                            36.451.038.912            37.936.603.320          PT Selasih Safar (SS)
          PT Grande Family View (GFV)                       8.598.538.072            12.793.818.171          PT Grande Family View (GFV)
          PT Inti Gria Persada (IG Persada)                34.417.683.749            34.449.072.498          PT Inti Gria Persada (IG Persada)

       Jumlah                                            1.172.308.320.582        1.231.764.284.127       Total

    b. Kepentingan nonpengendali atas penghasilan                                                      b. Non-controlling interests in comprehensive
          (rugi) komprehensif entitas anak                                                                   income (loss) of the subsidiaries
          PT Putra Sinar Permaja (PSP)                      68.504.917.972           95.368.125.582          PT Putra Sinar Permaja (PSP)
          PT Raharja Mitra Familia (RMF)                     7.770.944.035          479.043.688.132          PT Raharja Mitra Familia (RMF)
          PT Melati Anugerah Semesta (MAS)                  (1.665.683.453)          (1.362.194.369)         PT Melati Anugerah Semesta (MAS)
          Badan Kerjasama Intiland Starlight (BKIS)            299.454.670                 (866.696)         Badan Kerjasama Intiland Starlight (BKIS)
          PT Selasih Safar (SS)                              5.021.935.592            1.768.469.290          PT Selasih Safar (SS)
          PT Grande Family View (GFV)                        9.554.719.901            8.921.598.743          PT Grande Family View (GFV)
          PT Inti Gria Persada (IG Persada)                    (31.388.749)             (62.597.514)         PT Inti Gria Persada (IG Persada)

       Jumlah                                               89.454.899.968          583.676.223.168       Total



   GFV                                                                                GFV

   Bagian kepentingan nonpengendali atas pembagian                                    The portion of dividends distributed by GFV to
   dividen GFV sebesar Rp 13.750.000.000 dan                                          non-controlling    interest     amounted    to
   Rp 10.750.000.000 masing-masing pada tahun 2024                                    Rp 13,750,000,000 and Rp 10,750,000,000 in
   dan 2023.                                                                          2024 and 2023, respectively.



                                                                      - 109 -
Page 411
PT INTILAND DEVELOPMENT Tbk                                                PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                     AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                         For the Years Ended
31 Desember 2024 dan 2023                                                       December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                        (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                          Otherwise Stated)


   RMF                                                        RMF

   Bagian kepentingan nonpengendali atas pembagian            The portion of dividends distributed by RMF to
   dividen RMF sebesar Rp 8.627.945.582 dan                   non-controlling    interest     amounted    to
   Rp 257.919.489.682 masing-masing pada tahun                Rp 8,627,945,582 and Rp 257,919,489,682 in
   2024 dan 2023.                                             2024 and 2023, respectively.

   Pada tahun 2024 dan 2023, RMF memperoleh                   In 2024 and 2023, RMF obtained approval from
   persetujuan    dari pemegang     saham     untuk           stockholders to reduce its issued and paid-up
   mengurangi modal ditempatkan dan disetor. Bagian           capital. The non-controlling interest in relation to
   kepemilikan nonpengendali atas penurunan modal             this transaction amounted to Rp 67,417,000,000
   ini      adalah     masing-masing        sebesar           and Rp 171,735,000,000, respectively.
   Rp 67.417.000.000 dan Rp 171.735.000.000.

   MAS                                                        MAS

   Berdasarkan Akta No. 13 tanggal 11 Oktober 2023,           Based on Notarial Deed No. 13 dated October 11,
   dari Laurens Gunawan S.H., M.Kn., notaris di               2023 of Laurens Gunawan, S.H., M.Kn., a public
   Jakarta, MAS memperoleh persetujuan dari                   notary in Jakarta, MAS obtained the approval from
   pemegang saham untuk meningkatkan modal                    stockholders for the increase in issued and paid-
   ditempatkan dan disetor. Bagian kepemilikan                up capital. The non-controlling interest in relation
   nonpengendali atas kenaikan modal ini adalah               to      this     transaction     amounted          to
   sebesar Rp 22.149.000.000.                                 Rp 22,149,000,000.

   Berdasarkan Akta No. 32 tanggal 30 September               Based on Notarial Deed No. 32 dated September
   2024, dari Laurens Gunawan S.H., M.Kn., notaris di         30, 2024 of Laurens Gunawan, S.H., M.Kn., a
   Jakarta, MAS memperoleh persetujuan dari                   public notary in Jakarta, MAS obtained the
   pemegang saham untuk meningkatkan modal                    approval from stockholders for the increase in
   ditempatkan dan disetor. Bagian kepemilikan                issued and paid-up capital. The non-controlling
   nonpengendali atas kenaikan modal ini adalah               interest in relation to this transaction amounted to
   sebesar Rp 3.953.700.000.                                  Rp 3,953,700,000.

   Berdasarkan Akta No. 435 tanggal 28 November               Based on Notarial Deed No. 435 dated
   2024, dari Jimmy Tanal S.H., M.Kn., notaris di             November 28, 2024 of Jimmy Tanal, S.H., M.Kn.,
   Jakarta, MAS memperoleh persetujuan dari                   a notary in Jakarta, MAS obtained the approval
   pemegang saham untuk penjualan sebagian saham              from stockholders for selling part of Company’s
   sebanyak 3.600 saham milik Perusahaan kepada               share totaling to 3,600 shares to PT Sucor
   PT Sucor Investama, pihak ketiga.                          Investama, third party.

   PSP                                                        PSP

   Pada tahun 2024 dan 2023, PSP memperoleh                   In 2024 and 2023, PSP obtained approval from
   persetujuan    dari pemegang     saham     untuk           stockholders to reduce its issued and paid-up
   mengurangi modal ditempatkan dan disetor. Bagian           capital. The non-controlling interest in relation to
   kepemilikan nonpengendali atas penurunan modal             this transaction amounted to Rp 63,716,000,000
   ini      adalah     masing-masing        sebesar           and Rp 49,000,000,000, respectively.
   Rp 63.716.000.000 dan Rp 49.000.000.000.

   BKIS                                                       BKIS

   Bagian kepentingan nonpengendali atas pembagian            The portion of dividends distributed by BKIS to
   dividen BKIS sebesar Rp 4.469.913.530 pada tahun           non-controlling    interest     amounted     to
   2024.                                                      Rp 4,469,913,530 in 2024.

   SS                                                         SS

   Bagian kepentingan nonpengendali atas pembagian            The portion of dividends distributed by SS to
   dividen SS sebesar Rp 6.507.500.000 pada tahun             non-controlling    interest    amounted    to
   2024.                                                      Rp 6,507,500,000 in 2024.


                                                    - 110 -
Page 412
PT INTILAND DEVELOPMENT Tbk                                                                       PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                For the Years Ended
31 Desember 2024 dan 2023                                                                              December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                               (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                 Otherwise Stated)


   IG Persada                                                                       IG Persada

   Pada tahun 2023, para pemegang saham IG                                          In 2023, IG Persada shareholders approved the
   Persada menyetujui konversi utang IG Persada                                     conversion of IG Persada’s payable into an
   menjadi uang muka setoran modal. Bagian                                          advance payment for capital. The non-controlling
   kepemilikan nonpengendali atas konversi utang                                    interest of the conversion of payable into
   menjadi uang muka setoran modal tersebut adalah                                  advances for capital deposits amounted to
   sebesar Rp 34.749.000.000.                                                       Rp 34,749,000,000.


33. Modal Saham                                                               33. Capital Stock

   Susunan pemegang saham sesuai dengan registrasi                                  The share ownership in the Company based on
   dari PT Kustodian Sentral Efek Indonesia dan                                     PT Kustodian Sentral Efek Indonesia and
   Biro Administrasi Efek Perusahaan tanggal                                        Share Registration Bureau (Biro Administrasi Efek
   31 Desember 2024 sebagai berikut:                                                Perusahaan) as of December 31, 2024 follows:

                                                        31 Desember 2024/December 31, 2024
                                                 Jumlah           Persentase          Jumlah Modal
                                                 Saham/            Pemilikan/            Disetor/
                                                Number of         Percentage          Total Paid-up
              Nama Pemegang Saham                Shares          of Ownership            Capital                        Name of Stockholder
                                                                      %

    CIMB Securities (Singapore) Pte. Ltd.       1.561.949.900            15,07         390.487.475.000    CIMB Securities (Singapore) Pte. Ltd.
    PT CGS-CIMB Sekuritas Indonesia             1.500.000.163            14,47         375.000.040.750    PT CGS-CIMB Sekuritas Indonesia
    PT Bina Yatra Sentosa                       1.172.738.675            11,31         293.184.668.750    PT Bina Yatra Sentosa
    Bali Private Villa (S) Pte. Ltd.              775.911.150             7,49         193.977.787.500    Bali Private Villa (S) Pte. Ltd.
    Drs. Lo Kheng Hong                            686.416.700             6,62         171.604.175.000    Drs. Lo Kheng Hong
    Jahja Asikin - Komisaris                      219.683.834             2,12          54.920.958.500    Jahja Asikin - Commissioner
    Ping Handayani Hanli - Komisaris              219.683.834             2,12          54.920.958.500    Ping Handayani Hanli - Commissioner
    Suhendro Prabowo - Wakil Direktur Utama       219.683.834             2,12          54.920.958.500    Suhendro Prabowo - Vice President Director
    Utama Gondokusumo - Wakil Direktur Utama      153.778.684             1,48          38.444.671.000    Utama Gondokusumo - Vice President Director
    Sinarto Dharmawan - Komisaris Utama            65.907.430             0,64          16.476.857.500    Sinarto Dharmawan - President Commissioner
    PT Graha Intan Mandiri - pihak berelasi         1.390.699             0,01             347.674.750    PT Graha Intan Mandiri - related party
    Hendro S. Gondokusumo - Direktur Utama             50.000             0,00              12.500.000    Hendro S. Gondokusumo - President Director
    Masyarakat lainnya (dibawah 5%)             3.788.659.282            36,55         947.164.820.500    Public - others (below 5%)

    Jumlah                                     10.365.854.185           100,00        2.591.463.546.250   Total




                                                                    - 111 -
Page 413
PT INTILAND DEVELOPMENT Tbk                                                                           PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                    For the Years Ended
31 Desember 2024 dan 2023                                                                                  December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                   (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                     Otherwise Stated)


   Susunan pemegang saham sesuai dengan registrasi                                      The share ownership in the Company based on
   dari PT Kustodian Sentral Efek Indonesia dan                                         PT Kustodian Sentral Efek Indonesia and
   Biro Administrasi Efek Perusahaan tanggal                                            Share Registration Bureau (Biro Administrasi Efek
   31 Desember 2023 sebagai berikut:                                                    Perusahaan) as of December 31, 2023 follows:

                                                        31 Desember 2023/December 31, 2023
                                                Jumlah               Persentase          Jumlah Modal
                                                Saham/                Pemilikan/            Disetor/
                                               Number of             Percentage          Total Paid-up
                Nama Pemegang Saham             Shares              of Ownership            Capital                           Name of Stockholder
                                                                         %

    PT CGS-CIMB Sekuritas Indonesia             1.635.997.542               15,78         408.999.385.500     PT CGS-CIMB Sekuritas Indonesia
    CIMB Securities (Singapore) Pte. Ltd.       1.557.077.600               15,02         389.269.400.000     CIMB Securities (Singapore) Pte. Ltd.
    PT Bina Yatra Sentosa                       1.240.489.375               11,97         310.122.343.750     PT Bina Yatra Sentosa
    Bali Private Villa (S) Pte. Ltd.              775.911.150                7,49         193.977.787.500     Bali Private Villa (S) Pte. Ltd.
    Drs. Lo Kheng Hong                            686.416.700                6,62         171.604.175.000     Drs. Lo Kheng Hong
    Jahja Asikin - Komisaris                      219.683.834                2,12          54.920.958.500     Jahja Asikin - Commissioner
    Ping Handayani Hanli - Direktur               219.683.834                2,12          54.920.958.500     Ping Handayani Hanli - Director
    Suhendro Prabowo - Wakil Direktur Utama       219.683.834                2,12          54.920.958.500     Suhendro Prabowo - Vice President Director
    Utama Gondokusumo - Wakil Direktur Utama      153.778.684                1,48          38.444.671.000     Utama Gondokusumo - Vice President Director
    Sinarto Dharmawan - Komisaris Utama            65.907.430                0,64          16.476.857.500     Sinarto Dharmawan - President Commissioner
    PT Graha Intan Mandiri - pihak berelasi         1.590.267                0,02             397.566.750     PT Graha Intan Mandiri - related party
    Hendro S. Gondokusumo - Direktur Utama             50.432                0,00              12.608.000     Hendro S. Gondokusumo - President Director
    Masyarakat lainnya (dibawah 5%)             3.589.583.503               34,63         897.395.875.750     Public - others (below 5%)

    Jumlah                                     10.365.854.185             100,00         2.591.463.546.250    Total




   Manajemen Permodalan                                                                 Capital Management

   Tujuan utama dari pengelolaan modal Grup adalah                                      The primary objective of the Group’s capital
   untuk memastikan bahwa Grup mempertahankan                                           management is to ensure that it maintains healthy
   rasio modal yang sehat dalam rangka mendukung                                        capital ratios in order to support its business and
   bisnis dan memaksimalkan nilai pemegang saham.                                       maximize shareholder value. The Group is not
   Grup tidak diwajibkan untuk memenuhi syarat-syarat                                   required to meet any capital requirements.
   modal tertentu.

   Grup mengelola struktur modal dan membuat                                            The Group manages its capital structure and
   penyesuaian terhadap struktur modal sehubungan                                       makes adjustments to it, in light of changes in
   dengan perubahan kondisi ekonomi. Grup                                               economic conditions. The Group monitors its
   memantau modalnya dengan menggunakan analisa                                         capital using gearing ratios, by dividing net debt
   gearing ratio (rasio utang terhadap modal), yakni                                    by total capital.
   membagi utang bersih terhadap jumlah modal.

   Rasio utang bersih terhadap ekuitas pada tanggal                                     Ratio of net debt to equity                                   as    of
   31 Desember 2024 dan 2023 sebagai berikut:                                           December 31, 2024 and 2023 follows:

                                                            2024                        2023

    Jumlah utang                                     4.149.691.039.116              4.779.116.814.800        Total borrowings
    Dikurangi: Kas dan setara kas                      752.320.105.532                954.308.405.033        Less: cash and cash equivalents

    Utang bersih                                     3.397.370.933.584              3.824.808.409.767        Net debt
    Jumlah ekuitas                                   6.746.912.470.382              6.539.181.428.024        Total equity

    Rasio pinjaman dan utang bersih
       terhadap ekuitas                                    50,35%                      58,49%                Gearing ratio




                                                                       - 112 -
Page 414
PT INTILAND DEVELOPMENT Tbk                                                                             PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                      For the Years Ended
31 Desember 2024 dan 2023                                                                                    December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                     (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                       Otherwise Stated)


34. Tambahan Modal Disetor                                                         34. Additional Paid-In Capital

   Akun ini merupakan                  tambahan           modal   disetor                   This account represents additional paid-in capital
   sehubungan dengan:                                                                       in connection with the following:

                                                                      Jumlah/Amount
    Saldo tambahan modal disetor sebelum                                                        Beginning balance of additional paid-in
       penawaran umum                                                         341.026.711          capital before initial public offering
    Tambahan modal disetor atas:                                                                Additional paid-in capital for:
       Penjualan saham Perusahaan pada
          penawaran umum kepada masyarakat                                                          Sale of 6,000,000 shares through public
          tahun 1989 sebanyak 6.000.000 saham                           33.000.000.000                 offering in 1989
       Penawaran umum terbatas kepada
          pemegang saham tahun 1992                                                                 Rights offering of 121,418,000 shares to
          sebanyak 121.418.000 saham                                    78.921.700.000                 stockholders in 1992
       Penawaran umum terbatas kepada
          pemegang saham tahun 1994                                                                 Rights offering of 81,209,000 shares to
          sebanyak 81.209.000 saham                                    121.813.500.000                 stockholders in 1994
       Pembagian saham bonus tahun 1997                                                             Distribution in 1997 of 219,264,300
          sebanyak 219.264.300 saham                                   (219.264.300.000)               bonus shares

    Saldo tambahan modal disetor                                                                Balance of additional paid-in capital
       per 31 Desember 2009                                                 14.811.926.711          as of December 31, 2009
       Penawaran umum dengan HMETD tahun 2010                                                       Rights issue of 2,073,170,722 shares
          sebanyak 2.073.170.722 saham                                1.036.585.361.000                in 2010
       Biaya penerbitan saham                                            (4.601.006.707)            Shares issuance cost

    Saldo tambahan modal disetor per 31 Desember                                                Balance of additional paid-in capital as of
       2010 dan 2011                                                  1.046.796.281.004             December 31, 2010 and 2011
       Pelaksanaan waran                                                       158.125              Warrants exercised

    Saldo tambahan modal disetor                                                                Balance of additional paid-in capital
       pada tanggal 31 Desember 2012                                  1.046.796.439.129             as of December 31, 2012
       Saham treasuri                                                    (7.115.241.020)            Treasury stocks

    Saldo tambahan modal disetor                                                                Balance of additional paid-in capital
       pada tanggal 31 Desember 2013                                  1.039.681.198.109             as of December 31, 2013
       Transaksi entitas sepengendali                                    26.518.564.248             Under common control transaction

    Saldo tambahan modal disetor                                                                Balance of additional paid-in capital
       pada tanggal 31 Desember 2015 dan 2014                         1.066.199.762.357             as of December 31, 2015 and 2014
       Selisih lebih dari harga penerbitan kembali atas                                             Excess of re-issue price over nominal
          nilai nominal saham treasuri                                  30.120.275.000                 value of treasury stocks

    Saldo tambahan modal disetor pada tanggal                                                   Balance of additional paid-in capital as of
       31 Desember 2024 dan 2023                                      1.096.320.037.357             December 31, 2024 and 2023



35. Saldo Laba Ditentukan Penggunaannya                                            35. Appropriated Retained Earnings

   Berdasarkan Undang-undang Perseroan Terbatas                                             Under the Indonesian Limited Company Law
   (Undang-undang), perusahaan diwajibkan untuk                                             (Law), companies are required to set up a
   membentuk cadangan sekurang-kurangnya 20%                                                statutory reserve amounting to at least 20% of the
   dari jumlah modal ditempatkan dan disetor.                                               Company’s issued and paid up capital.

   Saldo laba ditentukan penggunaannya pada tanggal                                         The balance of appropriated retained earnings as
   31 Desember 2024 dan 2023 terkait dengan                                                 of December 31, 2024 and 2023 in connection
   Undang-undang tersebut masing-masing adalah                                              with this Law amounted to Rp 22,000,000,000
   sebesar Rp 22.000.000.000 dan Rp 20.000.000.000.                                         and Rp 20,000,000,000, respectively.




                                                                        - 113 -
Page 415
PT INTILAND DEVELOPMENT Tbk                                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
31 Desember 2024 dan 2023                                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                        Otherwise Stated)


36. Pendapatan                                                         36. Revenues

   Rincian pendapatan sebagai berikut:                                     The details of revenues follows:

                                                    2024                    2023

    Penjualan                                                                              Sales
       Perumahan                                 659.423.207.391         861.503.453.161      Houses and land
       Kawasan industri                          638.348.933.731         246.204.745.386      Industrial estate
       High rise                                 371.759.512.185       2.027.851.190.779      High rise

       Subjumlah                               1.669.531.653.307       3.135.559.389.326       Subtotal

    Pendapatan usaha                                                                       Operating revenues
       Fasilitas                                 477.449.634.963         424.378.169.208      Facilities
       Perkantoran                               259.273.061.900         228.753.943.807      Offices
       Kawasan industri                          105.888.028.606          99.431.097.876      Industrial estate
       Hotel                                      39.452.110.941          17.663.998.975      Hotel
       Lain-lain                                   1.690.800.000           1.039.800.000      Others

       Subjumlah                                 883.753.636.410         771.267.009.866       Subtotal

    Jumlah                                     2.553.285.289.717       3.906.826.399.192   Total


                                                   2024                    2023

    Pendapatan dari kontrak dengan pelanggan   1.669.531.653.307       3.135.559.389.326   Revenue from contracts with customers
    Pendapatan sewa (Catatan 17)                 249.411.421.375         229.446.870.006   Rental income (Note 17)
    Pendapatan lainnya                           634.342.215.035         541.820.139.860   Revenue from other sources
    Jumlah                                     2.553.285.289.717       3.906.826.399.192   Total


   Tidak terdapat pendapatan yang melebihi 10% dari                        There were no revenues in 2024 and 2023 from
   jumlah pendapatan kepada pelanggan individu                             any individual customer representing more than
   pada tahun 2024 dan 2023.                                               10% of the total revenues.

   Tidak terdapat penjualan dan pendapatan usaha                           There are no sales and operating revenues
   yang diperoleh dari pihak berelasi.                                     generated from related parties.


37. Beban Pokok Penjualan dan Beban Langsung                           37. Cost of Sales and Direct Expenses

   Rincian beban pokok penjualan dan beban langsung                        The details of the Group’s cost of sales and direct
   Grup sebagai berikut:                                                   expenses follows:

                                                    2024                    2023

    Berdasarkan sumber pendapatan:                                                         Based on sources of revenue:
       Penjualan                                                                              Sales
          Kawasan industri                       454.501.549.969         172.847.218.714         Industrial estate
          Perumahan                              396.970.325.942         552.533.442.146         Houses and land
          High rise                              226.465.851.520         968.239.610.340         High rise
       Subjumlah                               1.077.937.727.431       1.693.620.271.200       Subtotal

       Pendapatan usaha                                                                        Operating revenues
          Fasilitas                              450.768.364.817         406.563.403.498          Facilities
          Perkantoran                            143.201.619.755         137.427.289.949          Offices
          Kawasan industri                        68.302.811.089          66.706.747.531          Industrial estate
          Hotel                                   27.613.367.498          16.675.987.962          Hotel
          Lain-lain                                  109.395.365              36.883.059          Others
       Subjumlah                                 689.995.558.524         627.410.311.999       Subtotal

    Jumlah                                     1.767.933.285.955       2.321.030.583.199   Total




                                                             - 114 -
Page 416
PT INTILAND DEVELOPMENT Tbk                                                             PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2024 dan 2023                                                                    December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                     (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                       Otherwise Stated)


   Tidak terdapat pembelian kepada satu pihak yang                        There were no purchases from a certain party
   melebihi 10% dari jumlah penjualan pada tahun                          which exceeded 10% of the total revenues in
   2024 dan 2023.                                                         2024 and 2023.


38. Beban Penjualan                                                   38. Selling Expenses

                                                   2024                    2023

    Promosi dan iklan                            29.742.439.845          33.837.105.438   Promotion and advertising
    Komisi penjualan                             29.205.147.909          14.743.931.600   Sales commission
    Lain-lain                                                 -             112.444.306   Others

    Jumlah                                       58.947.587.754          48.693.481.344   Total



39. Beban Umum dan Administrasi                                       39. General and Administrative Expenses

                                                   2024                    2023

    Gaji dan upah                               164.237.228.554         160.536.976.559   Salaries and wages
    Pajak dan perijinan                          31.695.690.144          36.639.933.339   Taxes and licenses
    Jasa profesional                             12.837.201.850          10.717.040.043   Professional fees
    Imbalan kerja jangka panjang (Catatan 44)    11.275.269.159          10.325.523.542   Long-term employee benefits (Note 44)
    Transportasi dan perjalanan                   6.679.484.308           6.711.834.275   Transportation and travelling
    Sewa                                          6.673.327.288           1.170.985.710   Rentals
    Perbaikan dan pemeliharaan                    6.614.927.922           5.337.793.967   Repairs and maintenance
    Sumbangan dan representasi                    4.993.309.311           5.939.697.917   Donations and representation
    Listrik, air dan telepon                      4.681.971.877           6.687.990.263   Electricity, water and telephone
    Penyusutan (Catatan 18)                       4.601.717.513           4.890.837.864   Depreciation (Note 18)
    Keamanan                                      4.261.048.043           4.089.279.214   Security
    Keperluan kantor                              3.655.670.192           3.715.913.636   Office supplies
    Administrasi bank                             1.652.514.873           2.846.770.714   Bank charges
    Asuransi                                        828.965.229             682.625.509   Insurance
    Lain-lain                                     7.484.896.055           6.340.001.101   Others

    Jumlah                                      272.173.222.318         266.633.203.653   Total



40. Pendapatan Bunga                                                  40. Interest Income

                                                   2024                    2023

   Pendapatan bunga atas:                                                                 Interest income from:
      Deposito berjangka                         11.211.776.144          13.846.762.079       Time deposits
      Jasa giro                                   8.351.666.582           5.850.977.294       Current accounts
      Piutang lain-lain                                       -           4.586.416.950       Other receivable

   Jumlah                                        19.563.442.726          24.284.156.323   Total



41. Beban Bunga                                                       41. Interest Expense

                                                   2024                    2023

    Beban bunga atas:                                                                     Interest expense on:
       Utang bank                               299.618.039.701         332.473.408.213       Bank loans
       Utang sukuk ijarah (Catatan 22)           51.302.083.333          52.375.000.000       Sukuk ijarah payable (Note 22)
       Utang lain-lain                            8.472.528.421           4.597.516.514       Other payables
       Utang pembiayaan konsumen (Catatan 29)        24.501.839              31.512.974       Consumer finances payable (Note 29)

    Jumlah                                      359.417.153.294         389.477.437.701   Total




                                                            - 115 -
Page 417
PT INTILAND DEVELOPMENT Tbk                                                                 PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2024 dan 2023                                                                        December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                         (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                           Otherwise Stated)



42. Pajak Penghasilan                                                      42. Income Tax

   Beban (manfaat) pajak Grup terdiri dari:                                   The net tax expense (benefit) of the Group
                                                                              consists of the following:

                                                          2024                        2023

    Pajak kini                                         10.815.815.418              8.578.471.184        Current tax
    Pajak tangguhan                                    51.906.543.548            (16.738.706.148)       Deferred tax

    Bersih                                             62.722.358.966              (8.160.234.964)      Net


   Pajak Kini                                                                 Current Tax

   Rekonsiliasi antara laba sebelum pajak penghasilan                         A reconciliation between profit before tax per
   menurut laporan laba rugi dan penghasilan                                  consolidated statements of profit or loss and other
   komprehensif lain konsolidasian dengan laba kena                           comprehensive income and the taxable income
   pajak adalah sebagai berikut:                                              follows:

                                                        2024                      2023

                                                                                                   Profit before income tax per
    Laba sebelum pajak penghasilan menurut                                                            consolidated statements of profit
       laporan laba rugi dan penghasilan                                                              or loss and other comprehensive
       komprehensif lain konsolidasian               326.574.090.021           749.868.136.382        income
    Dikurangi laba sebelum pajak entitas anak                                                      Less profit before tax of the
       dan eliminasi                                 103.199.020.395           591.604.115.269        subsidiaries and eliminations
    Laba sebelum pajak Perusahaan                    223.375.069.626           158.264.021.113     Profit before tax of the Company
    Penyesuaian untuk pendapatan                                                                   Adjustment for income
       yang telah dikenakan pajak final              (25.635.579.852)          (11.446.875.782)       already subjected to final tax

    Laba sebelum pajak penghasilan                   197.739.489.774           146.817.145.331     Profit before income tax

    Perbedaan temporer                                                                             Temporary differences:
       Perbedaan penyusutan antara                                                                    Difference between fiscal and
          fiskal dan komersial                            (2.415.252)                6.226.562            commercial depreciation
       Imbalan kerja jangka panjang - bersih         (14.500.547.812)            2.747.949.785        Long-term employee benefits - net

       Jumlah                                        (14.502.963.064)            2.754.176.347        Total

    Perbedaan tetap:                                                                               Permanent differences:
       Keuntungan penjualan dan pengembalian                                                          Gain on sale and return of
          investasi                                  100.499.200.335                         -            investments
       Beban yang tidak dapat dikurangkan             35.741.363.746             9.711.681.446        Nondeductible expenses
       Pendapatan dividen                               (100.000.000)                        -        Dividen income
       Pendapatan bunga                                 (290.380.254)              (90.345.412)       Interest income
       Bagian laba bersih entitas anak, asosiasi                                                      Share of net profit of subsidiaries,
          dan ventura bersama                       (198.882.796.208)         (511.794.304.943)           associates, and joint ventures
       Keuntungan atas penghapusan                                                                    Gain on extinguishment of
          liabilitas keuangan                       (328.161.741.895)                         -           financial liabilities

       Jumlah                                       (391.194.354.276)         (502.172.968.909)       Total

    Rugi fiskal Perusahaan                          (207.957.827.566)         (352.601.647.231)    Fiscal loss of the Company

    Kompensasi rugi fiskal tahun lalu                                                              Application of prior years fiscal losses
       2023                                         (352.601.647.231)                        -        2023
       2022                                         (368.633.088.167)         (368.633.088.167)       2022
       2021                                         (350.074.153.790)         (350.074.153.790)       2021
       2020                                         (402.814.464.533)         (402.814.464.533)       2020
       2019                                                        -          (455.844.905.822)       2019
    Akumulasi rugi fiskal tersedia untuk                                                           Accumulated fiscal losses available
       tahun pajak berikutnya                      (1.682.081.181.287)       (1.929.968.259.543)      for the next tax year




                                                                 - 116 -
Page 418
PT INTILAND DEVELOPMENT Tbk                                                                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                               For the Years Ended
31 Desember 2024 dan 2023                                                                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                                Otherwise Stated)


   Perhitungan beban dan utang pajak kini adalah                                                                  The details of current tax expense and payable
   sebagai berikut:                                                                                               follows:

                                                                                      2024                            2023

    Beban pajak kini                                                                                                                              Current tax expense
         Entitas anak                                                               10.815.815.418                    8.578.471.184                    Subsidiaries


    Utang pajak kini (Catatan 25)                                                                                                                 Current tax payable (Note 25)
         Entitas anak                                                                 4.190.182.153                   4.480.102.420                    Subsidiaries



   Perusahaan mengalami rugi fiskal pada tahun-tahun                                                             The Company has fiscal loss for the years ended
   yang berakhir 31 Desember 2024 dan 2023,                                                                      December 31, 2024 and 2023, thus, no provision
   sehingga tidak terdapat taksiran pajak penghasilan                                                            for current income tax was recognized. According
   kini yang diakui. Rugi fiskal dapat dimanfaatkan                                                              to tax regulations, fiscal loss can be offset against
   melalui kompensasi terhadap laba kena pajak dalam                                                             the taxable income immediately within a period of
   masa lima (5) tahun sejak timbulnya rugi fiskal.                                                              five (5) years after such fiscal loss was incurred.

   Rugi fiskal Perusahaan tahun 2023 telah sesuai                                                                The fiscal loss of the Company in 2023 are in
   dengan Surat Pemberitahuan Tahunan (SPT) yang                                                                 accordance with the corporate income tax returns
   disampaikan Perusahaan kepada Kantor Pelayanan                                                                filed with the Tax Service Office.
   Pajak.

   Pajak Tangguhan                                                                                               Deferred Tax

   Rincian aset (liabilitas) pajak tangguhan Grup                                                                The details of the Group’s deferred tax assets
   adalah sebagai berikut:                                                                                       (liabilities) are as follows:

                                                           Dikreditkan (dibebankan)/                                   Dikreditkan (dibebankan)/
                                                             Credited (charged) to                                       Credited (charged) to
                                                                            Penghasilan                                                  Penghasilan
                                                                         komprehensif lain/   31 Desember                             komprehensif lain/   31 Desember
                                                                               Other              2023/                                     Other              2024/
                                 1 Januari 2023/     Laba rugi/            comprehensive      December 31,        Laba rugi/           comprehensive       December 31,
                                 January 1, 2023    Profit or loss            income              2023           Profit or loss            income              2024

    Aset pajak tangguhan                                                                                                                                                      Deferred tax assets of
     Perusahaan:                                                                                                                                                               the Company:
       Rugi fiskal               315.165.049.317    15.238.466.543                        -   330.403.515.860    (45.418.259.099)                      -   284.985.256.761       Fiscal loss
                                                                                                                                                                                 Accumulated depreciation
       Akumulasi penyusutan                                                                                                                                                        of property and
         aset tetap                     (877.906)        1.369.844                        -          491.938            (531.355)                      -           (39.417)        equipment
       Liabilitas imbalan
         kerja jangka                                                                                                                                                             Long-term employee
         panjang                   4.795.229.348      604.548.953            (154.603.783)      5.245.174.518     (3.190.120.519)          115.976.522       2.171.030.521          benefits liability
    Aset pajak tangguhan                                                                                                                                                      Deferred tax assets
     Perusahaan                  319.959.400.759    15.844.385.340           (154.603.783)    335.649.182.316    (48.608.910.973)          115.976.522     287.156.247.865     of the Company

    Aset (liabilitas) pajak                                                                                                                                                   Deferred tax assets (liabilities)
     tangguhan entitas anak       77.258.031.576      894.320.808             381.057.173      78.533.409.557     (3.297.632.575)         (539.489.954)     74.696.287.028     of the subsidiaries

    Jumlah                       397.217.432.335    16.738.706.148            226.453.390     414.182.591.873    (51.906.543.548)         (423.513.432)    361.852.534.893    Total


    Aset pajak tangguhan         397.392.196.501                                              414.372.823.787                                              361.884.884.914    Deferred tax assets


    Liabilitas pajak tangguhan      (174.764.166)                                                (190.231.914)                                                 (32.350.021)   Deferred tax liabilities




                                                                                                - 117 -
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PT INTILAND DEVELOPMENT Tbk                                                            PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2024 dan 2023                                                                   December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                    (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                      Otherwise Stated)


43. Laba Per Saham Dasar                                              43. Basic Earnings Per Share

   Perhitungan laba per saham dasar berdasarkan                           The computation of basic earnings per share is
   pada informasi berikut:                                                based on the following data:

                                                   2024                    2023

    Laba tahun berjalan yang diatribusikan                                                Profit attributable
       kepada pemilik perusahaan                174.766.158.653         174.108.406.452      to owners of the Company


    Jumlah rata-rata tertimbang saham biasa
       untuk perhitungan laba per saham dasar    10.365.854.185          10.365.854.185   Weighted average number of ordinary shares

    Laba per saham                                16,86                   16,80           Earnings per share




44. Imbalan Kerja Jangka Panjang                                      44. Long-term Employee Benefits

   Besarnya imbalan pasca kerja dihitung berdasarkan                      The amount of post-employment benefits is
   ketentuan yang berlaku. Jumlah karyawan yang                           determined based on the outstanding regulation.
   berhak atas imbalan pasca kerja tersebut adalah                        The number of employees entitled to the benefits
   925 karyawan pada tahun 2024 (tidak diaudit) dan                       is 925 in 2024 (unaudited) and 983 in 2023
   983 karyawan pada tahun 2023 (tidak diaudit).                          (unaudited).

   Grup juga mengikutsertakan karyawannya dalam                           The Group engaged its employees in defined-
   program pensiun iuran pasti yang dikelola oleh                         contribution program managed by DPLK Manulife,
   DPLK Manulife, maka liabilitas yang dihitung adalah                    wherein the liabilities recognized represent the
   kekurangan akumulasi iuran Perusahaan dan hasil                        shortage of accumulated contribution and its
   pengembangannya pada program pensiun ini                               return on investments as compared to retirement
   dibandingkan dengan pesangon berdasarkan                               benefit obligation in accordance to law.
   undang-undang.

   Grup juga memberikan cuti panjang kepada                               The Group also provides long leave benefits for
   karyawan yang telah mempunyai masa kerja                               the employees with working periods of
   6 tahun terus menerus selama 25 hari kerja (diluar                     6 consecutive years, for 25 working days (other
   cuti tahunan). Hak cuti panjang tersebut gugur                         than annual leave). Such rights will expire when
   dengan sendirinya setelah 3 tahun. Tidak terdapat                      unused within 3 years. There is no funding for this
   pendanaan atas imbalan ini.                                            benefit.

   Jumlah-jumlah yang diakui dalam Iaporan laba rugi                     Amount recognized in the consolidated statement
   dan penghasilan komprehensif lain konsolidasian                       of profit or loss and other comprehensive income
   sehubungan dengan imbalan pasti adalah sebagai                        in respect of this benefit plans are as follows:
   berikut:




                                                            - 118 -
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PT INTILAND DEVELOPMENT Tbk                                                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                             For the Years Ended
31 Desember 2024 dan 2023                                                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                              Otherwise Stated)


                                                                                     2024
                                                          ,                     Imbalan kerja
                                                    Imbalan pasca          jangka panjang lainnya/
                                                        kerja/                 Other long term
                                                   Employee benefits          employee benefits        Jumlah/Total

    Biaya jasa:                                                                                                            Service cost:
       Biaya jasa kini                                 10.809.624.588              1.336.343.300        12.145.967.888        Current service cost
       Biaya jasa lalu dan keuntungan                                                                                         Past service cost and gain (loss)
           (kerugian) dari penyelesaian                 (1.580.127.553)                       -          (1.580.127.553)           from settlements
    Biaya bunga neto                                     5.920.471.212              341.675.768           6.262.146.980    Net interest expense
    Pengukuran kembali liabilitas imbalan                                                                                  Remeasurement on the net
       pasti neto                                                      -            (424.575.147)         (424.575.147)       defined benefit liability

    Komponen biaya imbalan pasti                                                                                           Components of defined benefit costs
      yang diakui di laba rugi                         15.149.968.247              1.253.443.921        16.403.412.168       recognized in profit or loss

    Pengukuran kembali liabilitas imbalan pasti:                                                                           Remeasurement on the defined benefit liability:
       Kerugian (keuntungan) aktuarial yang
          timbul dari:                                                                                                        Actuarial losses (gains) arising from:
          Perubahan asumsi keuangan                     (1.946.222.282)                         -        (1.946.222.282)         Changes in financial assumptions
          Penyesuaian atas pengalaman                   (2.978.223.387)                         -        (2.978.223.387)         Experience adjustments
       Imbal hasil atas aset program                       948.867.708                          -           948.867.708       Return on plan assets

                                                                                                                           Components of defined benefit costs
    Komponen biaya imbalan pasti yang                                                                                        recognized in other comprehensive
      diakui di penghasilan komprehensif lain           (3.975.577.961)                         -        (3.975.577.961)     income

    Jumlah                                             11.174.390.286              1.253.443.921        12.427.834.207     Total



                                                                                     2023
                                                                                Imbalan kerja
                                                    Imbalan pasca          jangka panjang lainnya/
                                                        kerja/                 Other long term
                                                   Employee benefits          employee benefits        Jumlah/Total

    Biaya jasa:                                                                                                            Service cost:
       Biaya jasa kini                                 10.980.813.458              1.455.702.561        12.436.516.019        Current service cost
       Biaya jasa lalu dan keuntungan                                                                                         Past service cost and gain (loss)
           (kerugian) dari penyelesaian                (6.304.726.944)              (223.955.176)        (6.528.682.120)          from settlements
    Biaya bunga neto                                    5.955.666.239                384.873.964          6.340.540.203    Net interest expense
    Pengukuran kembali liabilitas imbalan                                                                                  Remeasurement on the net
       pasti neto                                                      -            (486.387.529)          (486.387.529)      defined benefit liability

    Komponen biaya imbalan pasti                                                                                           Components of defined benefit costs
      yang diakui di laba rugi                         10.631.752.753              1.130.233.820        11.761.986.573       recognized in profit or loss

    Pengukuran kembali liabilitas imbalan pasti:                                                                           Remeasurement on the defined benefit liability:
       Kerugian (keuntungan) aktuarial yang
          timbul dari:                                                                                                        Actuarial losses (gains) arising from:
          Perubahan asumsi keuangan                     3.966.485.132                           -         3.966.485.132          Changes in financial assumptions
          Penyesuaian atas pengalaman                  (1.910.955.386)                          -        (1.910.955.386)         Experience adjustments
       Imbal hasil atas aset program                      244.944.642                           -           244.944.642       Return on plan assets

                                                                                                                           Components of defined benefit costs
    Komponen biaya imbalan pasti yang                                                                                        recognized in other comprehensive
      diakui di penghasilan komprehensif lain           2.300.474.388                           -         2.300.474.388      income

    Jumlah                                             12.932.227.141              1.130.233.820        14.062.460.961     Total




                                                                                 - 119 -
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PT INTILAND DEVELOPMENT Tbk                                                                            PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                     For the Years Ended
31 Desember 2024 dan 2023                                                                                   December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                    (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                      Otherwise Stated)


   Pada tahun 2024 dan 2023 beban imbalan kerja                                        In 2024 and 2023, long-term employee benefit
   jangka panjang disajikan sebagai berikut:                                           expense is presented as follows:


                                                              2024                         2023

    Beban pokok penjualan dan beban langsung                 5.735.795.582             5.102.132.754       Cost of sales and direct expenses
    Beban umum dan administrasi (Catatan 39)                11.275.269.159            10.325.523.542       General and administrative expenses (Note 39)
    Lain-lain - bersih                                        (607.652.573)           (3.665.669.723)      Others - net
    Komponen biaya imbalan pasti yang                                                                      Components of defined benefit costs
       diakui pada laba rugi                                16.403.412.168            11.761.986.573          recognized in profit or loss



   Mutasi nilai kini liabilitas imbalan pasti adalah                                   Movements of present value of defined benefit
   sebagai berikut:                                                                    obligation are as follows:

                                                                            2024
                                                                    Imbalan kerja jangka
                                                                  jangka panjang lainnya/
                                           Imbalan pasca kerja/       Other long term
                                            Employee benefits        employee benefits            Jumlah/Total


    Saldo awal tahun                            92.856.875.440            5.236.324.073            98.093.199.513     Balance at the beginning of the year
    Beban tahun berjalan                        15.149.968.247            1.253.443.921            16.403.412.168     Expense during the year
    Dampak mutasi karyawan                          (2.727.791)              (1.165.010)               (3.892.801)    Impact of employee mutation
    Pembayaran selama tahun berjalan            (3.793.736.152)          (1.323.981.440)           (5.117.717.592)    Payments made during the year
    Iuran kontribusi pemberi kerja              (7.157.000.000)                       -            (7.157.000.000)    Employer's contribution
    Rugi (penghasilan) komprehensif lain        (3.975.577.961)                       -            (3.975.577.961)    Other comprehensive loss (income)
    Penyesuaian                                   (117.853.036)              (4.104.150)             (121.957.186)    Adjustment

    Saldo akhir tahun                           92.959.948.747            5.160.517.394            98.120.466.141     Balance at the end of the year



                                                                            2023
                                                                    Imbalan kerja jangka
                                                                  jangka panjang lainnya/
                                           Imbalan pasca kerja/       Other long term
                                            Employee benefits        employee benefits            Jumlah/Total


    Saldo awal tahun                            84.867.693.313            5.495.886.670             90.363.579.983     Balance at the beginning of the year
    Beban tahun berjalan                        10.631.752.753            1.130.233.820             11.761.986.573     Expense during the year
    Dampak mutasi karyawan                        (322.435.837)             (13.979.729)              (336.415.566)    Impact of employee mutation
    Pembayaran selama tahun berjalan            (3.170.609.177)          (1.375.816.688)            (4.546.425.865)    Payments made during the year
    Iuran kontribusi pemberi kerja              (1.450.000.000)                       -             (1.450.000.000)    Employer's contribution
    Rugi (penghasilan) komprehensif lain         2.300.474.388                        -              2.300.474.388     Other comprehensive loss (income)

    Saldo akhir tahun                           92.856.875.440            5.236.324.073             98.093.199.513     Balance at the end of the year




                                                                       - 120 -
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PT INTILAND DEVELOPMENT Tbk                                                                            PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                     For the Years Ended
31 Desember 2024 dan 2023                                                                                   December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                    (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                      Otherwise Stated)


   Perhitungan aktuaria terakhir atas liabilitas imbalan                                  The latest actuarial valuation on long-term
   kerja jangka panjang tahun 2024 dilakukan oleh                                         employee benefits in 2024 was calculated by an
   KKA Riana & Rekan, aktuaris independen,                                                independent actuary, KKA Riana & Rekan
   tertanggal 3 Maret 2025. Asumsi utama yang                                             through its report dated March 3, 2025. The
   digunakan dalam menentukan penilaian aktuarial                                         actuarial valuation was carried out using the
   adalah sebagai berikut:                                                                following key assumptions:

    Tingkat diskonto/                              :    7% untuk tahun 2024 dan 6,75% untuk tahun 2023/
    Discount rate                                       7% per annum in 2024 and 6.75% per annum in 2023
    Tingkat kenaikan gaji/ Salary                  :    8% per tahun untuk tahun 2024 dan 2023/
    increment rate                                      8% per annum in 2024 and 2023
    Tingkat kematian/ Mortality rate               :    100% TMI4
                                                        100% TMI4
    Tingkat cacat/Disability rate                  :    5% dari Tabel Mortalita/5% from Mortality Table
    Tingkat pengunduran diri/                      :    1% hingga usia 30, menurun linier di usia 56/1% on age 30, decreasing
    Resignation rate                                    linearly at age 56
    Tingkat pensiun dini/Level of                  :    100% per tahun/100% per annum
    early retirement

   Analisa sensitivitas dari perubahan asumsi-asumsi                                     The sensitivities of the overall long-term
   utama terhadap liabilitas imbalan kerja jangka                                        employee benefit liabilities to changes in the
   panjang adalah sebagai berikut:                                                       weighted principal assumptions are as follows:

                                                                             2024
                                                Dampak terhadap Liabilitas Imbalan Pasti Kenaikan (Penurunan)/
                                                     Impact on Defined Benefit Liability Increase (Decrease)
                                 Perubahan Asumsi/            Kenaikan Asumsi/                        Penurunan Asumsi/
                               Change in Assumptions      Increase in Assumptions                   Decrease in Assumptions

    Tingkat diskonto                     1%                           (9.363.413.473)                               10.438.814.554     Discount rate
    Tingkat pertumbuhan gaji             1%                          10.499.151.766                                  (9.304.873.734)   Salary growth rate


                                                                             2023
                                                Dampak terhadap Liabilitas Imbalan Pasti Kenaikan (Penurunan)/
                                                     Impact on Defined Benefit Liability Increase (Decrease)
                                 Perubahan Asumsi/            Kenaikan Asumsi/                        Penurunan Asumsi/
                               Change in Assumptions      Increase in Assumptions                   Decrease in Assumptions

    Tingkat diskonto                     1%                          (10.890.120.779)                               27.529.701.163     Discount rate
    Tingkat pertumbuhan gaji             1%                          28.143.178.125                                 (10.218.349.454)   Salary growth rate



45. Sifat dan Transaksi Hubungan Berelasi                                          45. Nature of Relationship and Transactions with
                                                                                       Related Parties

   Sifat Pihak Berelasi                                                                 Nature of Relationship

   a.    Perusahaan yang merupakan entitas asosiasi                                     a.    Associates:
         sebagai berikut:

                                                   -     PT Hotel Taman Harapan Indah
                                                   -     PT Puri Pariwara
                                                   -     PT Mahkota Kemayoran Realty
                                                   -     PT Inti Mitbana Development
                                                   -     PT Adiwarna Harapan Nusantara




                                                                         - 121 -
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PT INTILAND DEVELOPMENT Tbk                                                   PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2024 dan 2023                                                          December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                           (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                             Otherwise Stated)


   b.   Badan Kerjasama Graha Pratama dan                      b.    Badan Kerjasama Graha Pratama and
        PT Graha Abdael Sukses merupakan                             PT Graha Abdael Sukses are the joint
        perusahaan ventura bersama Perusahaan.                       ventures of the Company.

   c.   Hendro Santoso Gondokusumo (Almarhum,                  c.    Hendro Santoso Gondokusumo (Deceased,
        2025) adalah Direktur Utama Perusahaan.                      2025) is the Company’s President Director.

   d.   Utama Gondokusumo adalah Wakil Direktur                d.    Utama Gondokusumo is the Company’s Vice
        Utama Perusahaan.                                            President Director.

   e.   PT Graha Intan Mandiri adalah perusahaan               e.    PT Graha Intan Mandiri is a company whose
        yang pemegang sahamnya adalah Hendro                         shareholders    are     Hendro    Santoso
        Santoso Gondokusumo (Almarhum, 2025) dan                     Gondokusumo (Deceased, 2025) and
        PT Sejahtera Saktinusa.                                      PT Sejahtera Saktinusa.

   f.   PT Henutama Kokoh Abadi adalah Perusahaan              f.    PT Henutama Kokoh Abadi is a company
        yang pemegang sahamnya adalah Utama                          whose    shareholders   are    Utama
        Gondokusumo    dan    anggota     keluarga                   Gondokusumo and member of his close
        terdekatnya.                                                 family.

   Transaksi dengan Pihak Berelasi                             Transactions with Related Parties

   a.   Hendro Santoso Gondokusumo (Almarhum,                  a.    Hendro Santoso Gondokusumo (Deceased,
        2025) memberikan jaminan berupa personal                     2025) provides guarantees in the form of
        guarantee atas utang bank yang diperoleh Grup                personal guarantees for bank loans obtained
        (Catatan 21). Tidak terdapat kewajiban yang                  by the Group (Note 21). There are no
        harus dipenuhi Grup sehubungan dengan                        obligations that must be fulfilled by the Group
        adanya personal guarantee tersebut.                          in connection with the personal guarantee.

   b.   PT Henutama Kokoh Abadi memberi gadai                  b.    PT Henutama Kokoh Abadi pawned its
        550.000 lembar saham dalam PT Cipta Area                     550,000 shares in PT Cipta Area Pesona to
        Pesona kepada PT Global Ekabuana, atas                       PT Global Ekabuana, for loan obtained by
        utang yang diperoleh Badan Kerjasama Mutiara                 Badan Kerjasama Mutiara Buana.
        Buana.

   c.   Rincian transaksi dengan pihak berelasi adalah         c.    The accounts involving transactions with
        sebagai berikut:                                             related parties are as follows:




                                                     - 122 -
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PT INTILAND DEVELOPMENT Tbk                                                                         PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                  For the Years Ended
31 Desember 2024 dan 2023                                                                                December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                 (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                   Otherwise Stated)


                                                                               Persentase terhadap aset/liabilitas/
                                                                               Percentage to total assets/liabilities
                                              2024              2023               2024                    2023
                                                                                    %                       %

        Piutang usaha - bersih                                                                                          Trade accounts receivable - net
         PT Graha Abdael Sukses            41.834.506.580    81.326.136.387        0,31                    0,56          PT Graha Abdael Sukses

        Piutang pihak berelasi -
         non usaha                                                                                                      Due from related parties
        PT Inti Menara Jaya                             -     4.238.139.758          -                     0,03          PT Inti Menara Jaya
        Badan Kerjasama Graha Pratama                   -       300.000.000          -                     0,00          Badan Kerjasama Graha Pratama

        Jumlah                                          -     4.538.139.758                                             Total

        Investasi pada entitas asosiasi                                                                                 Investments in associates
        PT Mahkota Kemayoran Realty        88.764.036.379    90.484.807.904        0,65                    0,62          PT Mahkota Kemayoran Realty
        PT Puri Pariwara                   48.573.686.561    47.603.429.741        0,35                    0,33          PT Puri Pariwara
        PT Hotel Taman Harapan Indah       39.439.025.442    39.519.482.805        0,29                    0,27          PT Hotel Taman Harapan Indah
        PT Inti Mitbana Development        35.486.924.784    35.679.750.223        0,26                    0,24          PT Inti Mitbana Development
        PT Adiwarna Harapan Nusantara         150.000.000                 -        0,00                      -           PT Adiwarna Harapan Nusantara
        PT Adhibaladika Agung                           -   102.117.822.107          -                     0,70          PT Adhibaladika Agung
        PT Intiland Infinita                            -    (1.534.144.841)         -                     (0,01)        PT Intiland Infinita
        PT Inti Menara Jaya                             -    43.061.141.055          -                     0,29          PT Inti Menara Jaya

        Jumlah                            212.413.673.166   356.932.288.994                                             Total

        Investasi pada ventura bersama                                                                                  Investments in joint ventures
        PT Graha Abdael Sukses            136.666.907.657    63.834.756.866        1,00                    0,44          PT Graha Abdael Sukses
        Badan Kerjasama Graha Pratama       3.473.234.073     4.721.942.299        0,03                    0,03          Badan Kerjasama Graha Pratama

        Jumlah                            140.140.141.730    68.556.699.165                                             Total

        Uang muka investasi                                                                                             Advances for stock investments
         PT Inti Mitbana Development        3.870.000.000                 -        0,03                      -            PT Inti Mitbana Development
         PT Mahkota Kemayoran Realty        2.320.000.000                 -        0,02                      -            PT Mahkota Kemayoran Realty
        PT Inti Menara Jaya                             -    28.000.000.000          -                     0,19           PT Inti Menara Jaya

        Jumlah                              6.190.000.000    28.000.000.000                                             Total



       Piutang dari pihak berelasi non usaha terutama                                        Due from related parties mainly represent
       timbul dari biaya Grup yang dibayarkan terlebih                                       advanced payments made by the Group for
       dahulu oleh pihak berelasi yang tidak memiliki                                        expenses of the related parties that are not
       jadwal pengembalian yang pasti dan tidak                                              subject to interest and have no definite
       dikenakan bunga.                                                                      repayment schedule.

       Transaksi dengan pihak berelasi dilakukan                                             Transactions with related parties are carried
       dengan ketentuan yang setara dengan yang                                              out on terms similar to those applicable to
       berlaku dalam transaksi yang wajar.                                                   fair transactions.




                                                                   - 123 -
Page 425
PT INTILAND DEVELOPMENT Tbk                                                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                       For the Years Ended
31 Desember 2024 dan 2023                                                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                        Otherwise Stated)


    d.   Grup     memberikan    kompensasi      kepada                                   d.      The Group provides compensation to the
         karyawan kunci. Imbalan yang diberikan kepada                                           key management personnel. The benefits of
         direksi dan anggota manajemen kunci lainnya                                             directors and other members of key
         untuk tahun 2024 dan 2023 sebagai berikut:                                              management in 2024 and 2023 follows:

                                                                            2024
                                                                                                      Personil manajemen
                                        Dewan Direksi/                Dewan Komisaris/              kunci lainnya/Other Key
                                       Board of Directors              Commissioners                Management Personnel
                                   %                              %                                %

         Gaji dan imbalan kerja                                                                                                  Salary and other short-term
           jangka pendek          100,00        21.063.292.555   100,00        9.093.595.224       92,34        33.567.659.219      employee benefits
         Imbalan pesangon              -                     -        -                    -        0,40           145.784.707   Termination benefits
         Imbalan pasca-kerja           -                     -        -                    -        7,26         2.638.286.833   Long-term employment benefits

         Jumlah                   100,00        21.063.292.555   100,00        9.093.595.224      100,00        36.351.730.759   Total



                                                                            2023
                                                                                                       Personil manajemen
                                        Dewan Direksi/                Dewan Komisaris/               kunci lainnya/Other Key
                                       Board of Directors              Commissioners                 Management Personnel
                                   %                              %                                 %

         Gaji dan imbalan kerja                                                                                                  Salary and other short-term
           jangka pendek          100,00        22.656.130.059   100,00        8.888.220.356       90,98        32.200.264.764      employee benefits
         Imbalan pesangon              -                     -        -                    -        0,39           139.038.289   Termination benefits
         Imbalan pasca-kerja           -                     -        -                    -        8,63         3.054.020.518   Long-term employment benefits

         Jumlah                   100,00        22.656.130.059   100,00        8.888.220.356      100,00        35.393.323.571   Total



46. Ikatan dan Perjanjian                                                           46. Commitments and Agreements

    a.   Perjanjian Kerjasama                                                            a.     Cooperation Agreement

         1) Pada tanggal 13 Juli 2020, PT Intiland                                              1) On July 13, 2020, PT Intiland Grande
            Grande (IG), entitas anak, mengadakan                                                  (IG), a subsidiary, entered into a
            perjanjian kerjasama dengan PT Abdael                                                  cooperation agreement with PT Abdael
            Nusa      (AN),    pihak    ketiga,   untuk                                            Nusa (AN), a third party, to develop land
            mengembangkan         lahan     di   bidang                                            in the field of management and sale of
            pengelolaan dan penjualan tanah-tanah                                                  land and/or land and buildings covering
            dan/atau tanah dan bangunan seluas                                                     an area of 125.465 square meters owned
            125.465 m2 milik IG yang berlokasi di                                                  by IG which is located in Gununganyar
            Kelurahan Gununganyar Tambak. Untuk                                                    Tambak Village. To develop the land, IG
            mengembangkan lahan tersebut maka IG                                                   joint as a shareholder of PT Graha
            masuk      sebagai      pemegang     saham                                             Abdael Sukses (GAS) where IG, provides
            PT Graha Abdael Sukses (GAS) dimana IG,                                                capital amounting of Rp 33,000,000,000
            menyediakan           modal         sebesar                                            and AN amounting of Rp 27,000,000,000,
            Rp 33.000.000.000 dan AN sebesar                                                       so the parties together have 55% and
            Rp 27.000.000.000 sehingga para pihak                                                  45% participation, respectively (Note 16).
            bersama-sama memiliki bagian partisipasi
            masing-masing sebesar 55% dan 45%
            (Catatan 16).




                                                                          - 124 -
Page 426
PT INTILAND DEVELOPMENT Tbk                                              PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                       For the Years Ended
31 Desember 2024 dan 2023                                                     December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                      (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                        Otherwise Stated)


          Perjanjian kerjasama ini tidak ditentukan                This cooperation agreement has no
          masa berlakunya dan akan tetap berlaku                   stated validity period and shall be valid
          kecuali diakhiri atas kesepakatan bersama                unless terminated by mutual agreement
          atau sampai dengan terjadinya hal hal yang               or until things occur that cause the
          menyebabkan berakhirnya/bubarnya suatu                   termination/dissolution of a limited liability
          perseroan terbatas sebagaimana diatur                    company as regulated in Law No. 40 of
          dalam UU No. 40 tahun 2007 tentang                       2007     concerning     Limited     Liability
          Perseroan Terbatas dan Anggaran Dasar                    Companies and the GAS Articles of
          GAS.                                                     Association.

       2) Pada tanggal 11 April 2019, PT Intisarana             2) On April 11, 2019, PT Intisarana Ekaraya
          Ekaraya      (ISER),    entitas     anak,                (ISER), a subsidiary, signed Poins
          menandatangani perjanjian kerja sama                     Square Development Agreement with
          pengembangan Poins Square dengan                         PT Menara Prambanan, a third party,
          PT Menara Prambanan, pihak ketiga, seluas                with total area of 36,225.68 square
          36.225,68 m2, dengan nilai investasi                     meters, with total investment of
          sebesar Rp 483.234.474.328 dengan                        Rp 483,234,474,328 with a proportion of
          proporsi masing-masing sebesar 50% atau                  50%      each     or    amounting     to
          sebesar Rp 241.617.237.164.                              Rp 241,617,237,164.

          Pengembalian nilai investasi akan diberikan              The return on investment will be given
          setahun sekali dengan bagi hasil, dimana                 once every year with profit sharing, where
          perhitungan nilai bagi hasil tersebut sesuai             the calculation of the profit sharing is in
          sisa hasil usaha dengan proporsi bagi hasil              accordance with the remaining business
          masing-masing 50% untuk ISER dan                         income with a profit sharing proportion of
          PT Menara Prambanan, pihak ketiga.                       50% each for ISER and PT Menara
          Kerjasama ini akan diakhiri berdasarkan                  Prambanan, a third party. This joint
          kesepakatan kedua belah pihak.                           operations will be terminated based on
                                                                   the agreement of both parties.

          Berdasarkan Keputusan Sirkular Pemegang                  Based on the Circular Decision of PT Inti
          Saham PT Inti Menara Jaya (IMJ) tanggal                  Menara Jaya (IMJ) Shareholders dated
          13 Desember 2024, para pemegang saham                    December 13, 2024, IMJ shareholders
          IMJ menyetujui pengurangan modal dasar                   approved a reduction in authorized
          dan modal ditempatkan dan disetor IMJ dan                capital and issued and paid-up capital of
          menyetujui pengalihan seluruh saham milik                IMJ and approved the transfer of all
          ISER sejumlah 30.898 lembar kepada pihak-                shares owned by ISER amounting to
          pihak ketiga. Pengalihan seluruh saham ini               30,898 shares to third parties. The
          mengakhiri      kesepakatan      kerjasama               transfer of all shares ends the
          pengembangan Poins Square antara ISER                    cooperation     agreement     for    the
          dengan PT Menara Prambanan.                              development of Poins Square between
                                                                   ISER and PT Menara Prambanan.

       3) Berdasarkan Perjanjian antara Reco Kris               3) Based on an Agreement between Reco
          Private Limited (Reco), PT Taman Harapan                 Kris Private Limited (Reco), PT Taman
          Indah (THI) dan PT Putra Sinar Permaja                   Harapan Indah (THI) and PT Putra Sinar
          (PSP) tanggal 10 November 2016, para                     Permaja (PSP) dated November 10,
          pihak setuju untuk mengelola proyek South                2016, the parties agreed to manage
          Quarter yang dimiliki dan dicatat asetnya                South Quarter project which is owned
          oleh     PSP,     dengan      bisnis   yang              and recorded as asset by PSP, together
          dikerjasamakan adalah penyewaan unit di                  with businesses such as leasing of units
          Tower B, Tower C dan Kompleks Retail                     in Tower B, Tower C and the Retail
          serta      Pengembangan          Perumahan.              Complex and also the Proposed
          Perjanjian ini akan berakhir pada saat Reco              Residential      Development.      This
          atau THI berhenti menjadi pemegang saham                 agreement will expire when Reco or THI
          PSP.                                                     ceases to be PSP shareholders.




                                                     - 125 -
Page 427
PT INTILAND DEVELOPMENT Tbk                                                      PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2024 dan 2023                                                             December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                              (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                Otherwise Stated)


        4) Pada tanggal 15 Juni 2015, PSP, entitas                      4) On June 15, 2015, PSP, a subsidiary,
           anak, menandatangani perjanjian jasa                            signed Parking Management Agreement
           pengelolaan        perparkiran       dengan                     with PT Securindo Packtama Indonesia.
           PT     Securindo    Packtama      Indonesia.                    This agreement has been extended
           Perjanjian telah beberapa kali diperpanjang                     several times, most recently until
           terakhir sampai dengan 31 Agustus 2025.                         August 31, 2025.

        5) Pada tanggal 5 April 2023, IG, entitas anak,                 5) On April 5, 2023, IG, a subsidiary, signed
           menandatangani perjanjian jasa pengelolaan                      management services agreement of Whiz
           Whiz Luxe Hotel Spazio dengan PT Intiwhiz                       Luxe Hotel Spazio with PT Intiwhiz
           International. Perjanjian ini berlaku selama                    International. This agreement is valid for
           10 tahun.                                                       10 years.

   b.   Pada tanggal 30 November 2015, PT Taman                   b.    On November 30, 2015, PT Taman Harapan
        Harapan Indah (THI), entitas anak, memperoleh                   Indah (THI), a subsidiary, obtained a permit
        izin pelaksanaan reklamasi Pulau H dari                         from the Government for reclamation of Pulau
        Pemerintah dengan Surat Keputusan Gubernur                      H with Governor's Decree No. 2637 Year
        No. 2637 Tahun 2015. Atas pemberian izin                        2015. Upon granting such permit, THI is
        tersebut, THI dikenakan untuk:                                  subjected to the following:

        1.   Kewajiban menyediakan prasarana, sarana                    1.   Duty to provide basic infrastructure and
             dan utilitas dasar yang dibutuhkan dalam                        utilities which is required in developing
             pengembangan kawasan pantai mutiara                             “pantai mutiara” region, such as road
             antara lain jaringan jalan baik dalam                           network both within and between islands,
             maupun antar pulau, angkutan umum                               public     mass    transportation,  utility
             massal, jaringan utilitas, infrastruktur                        networks, flood control infrastructure,
             pengendali banjir, ruang terbuka biru,                          green space, blue space and coastal
             ruang terbuka hijau dan sempadan pantai                         boarder as well as a means of liquid and
             serta sarana pengelolaan limbah cair dan                        solid waste management;
             padat;

        2.   Berkewajiban    melakukan      pengerukan                  2.   Obligated to conduct         dredge river
             sedimentasi sungai sekitar pulau reklamasi;                     sedimentation around         the coastal
                                                                             reclamation area;

        3.   Memberikan kontribusi berupa pengerukan                    3.   Contribute to the sedimentation of river
             sedimentasi sungai di daratan;                                  dredging in the mainland;

        4.   Lima persen (5%) dari total luas lahan areal               4.   Five percent (5%) of the total reclamation
             reklamasi nett yang tidak termasuk                              land area that does not include the
             peruntukan fasos/fasum untuk diserahkan                         designation of public facilities will be
             kepada Pemerintah Provinsi DKI Jakarta;                         submitted to the Provincial Government
                                                                             of DKI Jakarta;

        5.   Tambahan kontribusi untuk revitalisasi                     5.   Additional      contribution       to    the
             Kawasan Utara Jakarta berupa penyediaan                         revitalization of the North Jakarta region
             rumah     susun,    penataan   kawasan,                         include the provision of flats, structuring
             meningkatkan dan membangun jalan,                               region, improving and building road
             membangun infrastruktur pengendalian                            infrastructure, building flood control
             banjir, waduk, saluran dan pembangunan                          infrastructure,     reservoir,    and    the
             tanggul Program NCICD Tahap A yang                              construction of embankments NCICD
             besarannya sesuai yang akan ditetapkan                          Program Phase A in which the
             dengan Keputusan Gubernur.                                      corresponding       amount     is     to  be
                                                                             determined with Governor Decision.




                                                        - 126 -
Page 428
PT INTILAND DEVELOPMENT Tbk                                                                   PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                            For the Years Ended
31 Desember 2024 dan 2023                                                                          December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                           (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                             Otherwise Stated)


        Izin pelaksanaan reklamasi yang diberikan                                     The coastal reclamation license given by the
        Pemerintah kepada THI berlaku untuk jangka                                    Government to THI is valid for a period of
        waktu 3 (tiga) tahun, jika sampai dengan jangka                               three (3) years. If the implementation of
        waktu tersebut pelaksanaan reklamasi belum                                    reclamation cannot be finished within such
        dapat diselesaikan, maka izin akan ditinjau                                   period, then the license will be reviewed
        kembali oleh Pemerintah (Catatan 51.a.1).                                     again by the Government (Note 51.a.1).

   c.   Perjanjian Sewa – Grup sebagai Lessor                                  c.     Lease Agreements – Group as Lessors

        Grup menandatangani beberapa perjanjian                                       The Group entered into various agreements
        sewa tanah dan bangunan yang dimilikinya                                      for the lease of its buildings used as service
        untuk digunakan sebagai pusat perkantoran                                     centers and warehouse for 2025 until 2031.
        dan pergudangan. Periode sewa antara tahun                                    Majority of the lease agreements are
        2025 sampai 2031. Sebagian besar perjanjian                                   renewable at the end of the lease period at
        sewa tersebut dapat diperpanjang kembali pada                                 the market rate.
        akhir masa sewa dengan penyesuaian ke harga
        pasar kini.

        Pendapatan sewa yang diakui dalam laba rugi                                   The rental income included in profit or loss in
        untuk tahun 2024 dan 2023 diungkapkan pada                                    2024 and 2023 is disclosed in Note 36.
        Catatan 36.

        Piutang sewa minimum agregat masa depan                                       The future aggregate minimum lease
        dari sewa operasi yang tidak dapat dibatalkan                                 receivables under non-cancellable operating
        adalah sebagai berikut:                                                       leases are as follows:

                                                          2024                 2023

        Kurang dari 1 tahun                           137.296.046.757      145.366.073.465     Not later than 1 year
        Lebih dari 1 tahun tapi kurang dari 5 tahun   166.251.520.718      253.394.809.876     Later than 1 year but not later than 5 years
        Lebih dari 5 tahun                              4.723.936.590        4.188.315.000     Later than 5 years

        Jumlah                                        308.271.504.065      402.949.198.341     Total




47. Tujuan dan          Kebijakan         Manajemen       Risiko           47. Financial Risk Management Objectives and
    Keuangan                                                                   Policies

   Aktivitas Grup terpengaruh berbagai risiko                                  The Group’s activities are exposed to a variety of
   keuangan: risiko pasar (termasuk risiko mata uang                           financial risks: market risk (including foreign
   asing dan risiko suku bunga), risiko kredit dan risiko                      currency risk and fair value interest rate risk),
   likuiditas. Program manajemen risiko Grup secara                            credit risk and liquidity risk. The Group’s overall
   keseluruhan difokuskan pada pasar keuangan yang                             risk management programme focuses on the
   tidak dapat diprediksi dan Grup berusaha untuk                              unpredictability of financial markets and seeks to
   meminimalkan dampak yang berpotensi merugikan                               minimize potential adverse effects on the Group’s
   kinerja keuangan Grup.                                                      financial performance.

   Manajemen risiko merupakan tanggung jawab                                   Risk management is the responsibility of the
   Direksi. Direksi bertugas menentukan prinsip dasar                          Board of Directors (BOD). The BOD has the
   kebijakan      manajemen         risiko Grup secara                         responsibility to determine the basic principles of
   keseluruhan serta kebijakan pada area tertentu                              the Group’s risk management as well as principles
   seperti risiko mata uang asing, risiko suku bunga,                          covering specific areas, such as foreign exchange
   risiko kredit dan risiko likuiditas.                                        risk, interest rate risk, credit risk and liquidity risk.




                                                                 - 127 -
Page 429
PT INTILAND DEVELOPMENT Tbk                                                                  PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                           For the Years Ended
31 Desember 2024 dan 2023                                                                         December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                          (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                            Otherwise Stated)


   Risiko Pasar                                                                Market Risk

   a.   Risiko Mata Uang Asing                                                a.      Foreign Exchange Risk

        Risiko nilai tukar adalah risiko dimana nilai                                Foreign exchange rate risk is the risk that the
        wajar atau arus kas kontraktual masa datang                                  fair value or future contractual cash flows of a
        dari   suatu    instrumen   keuangan      akan                               financial instrument will fluctuate because of
        terpengaruh akibat perubahan nilai tukar.                                    changes in foreign exchange rates.

        Grup memiliki eksposur dalam mata uang asing                                 The Group has transactional currency
        yang timbul dari transaksi operasionalnya.                                   exposures. Such exposure arises when the
        Eksposur tersebut timbul karena transaksi yang                               transaction is denominated in currencies
        bersangkutan dilakukan dalam mata uang                                       other than the functional currency of the
        selain mata uang fungsional unit operasional                                 operating unit or the counterparty.
        atau pihak lawan.

        Tabel berikut menunjukkan sensitivitas atas                                  The following table shows the sensitivity
        perubahan yang wajar dari nilai tukar mata                                   analysis of the changes in fair value of foreign
        uang asing terhadap Rupiah, dimana semua                                     currency exchange rates against the dollar,
        variabel lain konstan, terhadap laba sebelum                                 with all other variables constant to the profit
        pajak tahun 2024 dan 2023.                                                   before tax for the year 2024 and 2023.

                                                                     2024                                               2023
                                               Kenaikan (penurunan)       Efek terhadap laba      Kenaikan (penurunan)       Efek terhadap laba
                                                 dalam persentase/          sebelum pajak/          dalam persentase/          sebelum pajak/
                                               Increase (decrease) in     Effect againts profit   Increase (decrease) in     Effect againts profit
                                                     percentage                before tax               percentage                before tax
                                                                                 Kenaikan                                           Kenaikan
                                                                               (penurunan)/                                       (penurunan)/
                                                                           Increase (decrease)                                Increase (decrease)

        Rupiah terhadap/ Rupiah againts:
          Dolar Amerika Serikat/ U.S Dollar                         2               31.089.822                         2             152.035.268
                                                                   (2)             (31.089.822)                       (2)           (152.035.268)
           Dolar Singapura/ Singapore Dollar                        1                 (130.846)                        2              (1.516.750)
                                                                   (1)                 130.846                        (2)              1.516.750
           Euro                                                     -                        -                         2                (417.674)
                                                                    -                        -                        (2)                417.674



   b.   Risiko Suku Bunga Arus Kas dan Nilai Wajar                            b.    Cash Flow and Fair Value Interest Rate
                                                                                    Risk

        Risiko suku bunga Grup timbul dari pinjaman                                  The Group’s interest rate risk arises from
        jangka pendek dan jangka panjang. Pinjaman                                   short-term and long-term bank loans.
        yang    diterima   dengan      suku      bunga                               Borrowings issued at floating rates expose
        mengambang mengakibatkan timbulnya risiko                                    the Group to cash flow interest rate risk.
        suku bunga arus kas terhadap Grup. Pinjaman                                  Borrowings issued at fixed rates expose the
        yang diterima dengan suku bunga tetap                                        Group to fair value interest rate risk. During
        mengakibatkan timbulnya risiko nilai wajar suku                              2024 and 2023, the Group’s borrowings at
        bunga terhadap Grup. Selama tahun 2024 dan                                   floating rate were denominated in the Rupiah.
        2023, pinjaman Grup pada suku bunga
        mengambang didenominasikan dalam Rupiah.




                                                               - 128 -
Page 430
PT INTILAND DEVELOPMENT Tbk                                                                                PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                     AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                         For the Years Ended
31 Desember 2024 dan 2023                                                                                       December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                        (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                          Otherwise Stated)


       Pada tanggal 31 Desember 2024 dan 2023,                                                     As of December 31, 2024 and 2023, the
       saldo pinjaman yang terpengaruh risiko suku                                                 Group has the following floating rate
       bunga adalah sebagai berikut:                                                               borrowings that are affected by interest risk:

                                                                 2024                                              2023
                                          Rata-rata Tertimbang                              Rata-rata Tertimbang
                                              Suku Bunga/                                       Suku Bunga/
                                           Weighted Average                Sado/             Weighted Average                Sado/
                                             Interest Rate                Balance              Interest Rate                Balance
                                                    %                                                 %

        Utang bank jangka pendek            9,00% - 12,00%              1.045.556.048.076     9,50% - 12,00%              1.248.879.609.582   Short-term bank loans
        Utang bank jangka panjang           7,50% - 12,00%              2.690.630.688.452     9,00% - 11,00%              2.983.528.065.883   Long-term bank loans

        Eksposur bersih terhadap risiko                                                                                                       Net exposure to cash flow
          suku bunga arus kas                                           3.736.186.736.528                                 4.232.407.675.465      interest rate risk



       Analisa     sensitivitas  berikut    ditentukan                                             The sensitivity analysis below has been
       berdasarkan eksposur Grup berupa aset dan                                                   determined based on the Group’s exposure
       liabilitas keuangan dengan bunga (interest                                                  to interest rates for interest bearing assets
       bearing) pada tanggal laporan posisi keuangan,                                              and liabilities at the consolidated statement
       dengan asumsi perubahan suku bunga terjadi                                                  of financial position date and the stipulated
       pada awal tahun dan konstan sepanjang                                                       change an interest rate taking place at the
       periode pelaporan, dalam hal variabel tersebut                                              beginning of the financial year and held
       memiliki suku bunga mengambang.                                                             constant throughout the reporting period in
                                                                                                   the case of instruments that have floating
                                                                                                   rates.

       Pada tanggal 31 Desember 2024 dan 2023,                                                     As of December 31, 2024 and 2023, an
       asumsi peningkatan atau penurunan masing-                                                   assumed basis point increase or decrease of
       masing sebesar 11,10 dan 23,49 basis poin                                                   11.10 and 23.49 basis points used when
       digunakan untuk tujuan pelaporan risiko suku                                                reporting interest rate risk internally to key
       bunga kepada personel manajemen kunci                                                       management personnel and represents the
       secara internal dan pengungkapan berikut                                                    management’s assessment of a reasonably
       merupakan hasil penelaahan manajemen atas                                                   possible change in interest rates.
       kemungkinan perubahan suku bunga yang
       wajar.

       Jika suku bunga meningkat/menurun sebesar                                                   If interest rates increased/decreased by
       11,10 dan 23,49 basis poin masing-masing                                                    11.10 and 23.49 basis points in 2024 and
       pada tahun 2024 dan 2023, sedangkan variabel                                                2023, respectively, and all other variables
       lain konstan, maka laba sebelum pajak Grup                                                  are constant, the Group’s profit before tax for
       untuk tahun yang berakhir 31 Desember 2024                                                  the years ended December 31, 2024 and
       dan 2023 akan menurun/meningkat masing-                                                     2023      would      decrease/increase      by
       masing sebesar Rp 5.013.882.396 dan                                                         Rp 5,013,882,396 and Rp 10,164,547,260,
       Rp 10.164.547.260, yang terutama disebabkan                                                 respectively, mainly due to the increase/
       oleh kenaikan/penurunan beban bunga.                                                        decrease in interest expense.

       Sesuai dengan kebijakan Grup, Direksi                                                       In accordance with the Group’s policy, the
       memonitor dan melakukan review atas                                                         Directors monitor and review the Group’s
       sensitivitas  suku     bunga Grup secara                                                    overall interest rate sensitivity analysis on a
       menyeluruh tiap bulan.                                                                      monthly basis.




                                                                              - 129 -
Page 431
PT INTILAND DEVELOPMENT Tbk                                                               PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                    AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2024 dan 2023                                                                      December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                       (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                         Otherwise Stated)


   Risiko Kredit                                                            Credit Risk

   Risiko kredit adalah risiko bahwa Group akan                             Credit risk is the risk that the Group will incur a
   mengalami kerugian yang timbul dari pelanggan                            loss arising from the customers or counterparties
   atau pihak lawan akibat gagal memenuhi liabilitas                        which fail to fulfill their obligations. Credit risk
   kontraktualnya. Risiko kredit terutama timbul dari                       arises mainly from cash and cash equivalents,
   kas dan setara kas, piutang usaha, piutang lain-lain                     trade receivables, other accounts receivable and
   dan piutang dari pihak berelasi.                                         due from related parties.

   Grup mengelola risiko kredit yang terkait dengan kas                     The Group manages credit risk exposed from
   dan setara kas dan investasi jangka panjang dengan                       cash and cash equivalents and long-term
   memonitor reputasi, peringkat kredit, dan membatasi                      investments by monitoring reputation, credit
   risiko agregat dari masing-masing pihak dalam                            ratings and limiting the aggregate risk to any
   kontrak.                                                                 individual counterparty.

   Sehubungan dengan kredit yang diberikan kepada                           With regards to credit exposures given to
   pelanggan, Grup mengendalikan risiko kredit                              customers, the Group manages and controls the
   dengan cara melakukan hubungan usaha dengan                              credit risk by dealing only with recognized and
   pihak lain yang memiliki kredibilitas, menetapkan                        credit worthy parties, setting internal policies on
   kebijakan verifikasi dan otorisasi kredit, serta                         verifications and authorizations of credit, and
   memantau kolektibilitas piutang secara berkala                           regularly monitoring the collectibility of receivables
   untuk mengurangi jumlah piutang tak tertagih.                            to reduce the exposure of bad debts.
   Manajemen berpendapat bahwa tidak terdapat risiko                        Management believes that there are no significant
   kredit yang terkonsentrasi secara signifikan.                            concentrations of credit risk.

   Lihat Catatan 7 untuk informasi piutang yang belum                       Refer to Note 7 for the information regarding not
   jatuh tempo dan tidak mengalami penurunan nilai,                         past due and unimpaired receivables and also
   serta piutang yang telah jatuh tempo namun tidak                         past due receivables but not impaired.
   mengalami penurunan nilai.

   Kualitas kredit dari aset keuangan baik yang belum                       The credit quality of financial assets that are
   jatuh tempo atau tidak mengalami penurunan nilai                         neither past due nor impaired can be assessed by
   dapat dinilai dengan mengacu pada peringkat kredit                       reference to external credit ratings (if available) or
   eksternal (jika tersedia) atau mengacu pada                              to historical information about counterparty default
   informasi historis mengenai tingkat gagal bayar                          rates:
   debitur:

                                                       2024                   2023

    Diukur pada biaya perolehan diamortisasi                                                 Financial assets at amortized cost
       Kas dan setara kas                          751.562.446.532        953.599.158.633       Cash and cash equivalents
       Piutang usaha                               171.677.410.061        207.651.224.167       Trade accounts receivable
       Piutang lain-lain                             9.260.434.808          3.776.649.729       Other accounts receivable
       Aset keuangan lainnya                       350.235.472.680        406.986.526.877       Other financial assets
       Piutang dari pihak berelasi                               -          4.538.139.758       Due from related parties
       Jaminan                                       1.446.523.511          1.096.316.511       Deposits
    Diukur pada nilai wajar melalui penghasilan
       komprehensif lain                                                                     Financial Assets at FVOCI
       Investasi jangka panjang                                                                 Long-term investments
          saham                                    102.421.571.139         27.015.753.500         in stock

    Jumlah                                        1.386.603.858.731      1.604.663.769.175   Total




                                                               - 130 -
Page 432
PT INTILAND DEVELOPMENT Tbk                                                                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                             For the Years Ended
31 Desember 2024 dan 2023                                                                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                              Otherwise Stated)


   Risiko Likuiditas                                                                                              Liquidity Risk

   Risiko likuiditas adalah risiko kerugian yang timbul                                                           Liquidity risk is a risk arising when the cash flow
   karena Grup tidak memiliki arus kas yang cukup                                                                 position of the Group is not enough to cover the
   untuk memenuhi liabilitasnya.                                                                                  liabilities which become due.

   Dalam pengelolaan risiko likuiditas, manajemen                                                                 In managing the liquidity risk, management
   memantau dan menjaga jumlah kas dan setara kas                                                                 monitors and maintains a level of cash and cash
   yang dianggap memadai untuk membiayai                                                                          equivalents deemed adequate to finance the
   operasional Grup dan untuk mengatasi dampak                                                                    Group’s operations and to mitigate the effects of
   fluktuasi arus kas. Manajemen juga melakukan                                                                   fluctuation in cash flows.      Management also
   evaluasi berkala atas proyeksi arus kas dan arus                                                               regularly evaluates the projected and actual cash
   kas aktual, termasuk jadwal jatuh tempo utang, dan                                                             flows, including loan maturity profiles, and
   terus-menerus melakukan penelaahan pasar                                                                       continuously assesses conditions in the financial
   keuangan untuk mendapatkan sumber pendanaan                                                                    markets for opportunities to obtain optimal funding
   yang optimal.                                                                                                  sources.

   Tabel di bawah ini menganalisa liabilitas keuangan                                                             The table below analyzes the Group’s financial
   Grup yang diselesaikan secara neto yang                                                                        liabilities into relevant maturity groupings based
   dikelompokkan berdasarkan periode yang tersisa                                                                 on the remaining period to the contractual maturity
   sampai dengan tanggal jatuh tempo kontraktual.                                                                 date. The amounts disclosed in the table are the
   Jumlah yang diungkapkan dalam tabel merupakan                                                                  contractual undiscounted cash flows (excluding
   arus kas kontraktual yang tidak didiskontokan (tidak                                                           cash flows for interest payments).
   termasuk arus kas untuk pembayaran bunga).

                                                                                31 Desember 2024/December 31, 2024
                                <= 1 tahun/     1-2 tahun/         3-5 tahun/                > 5 tahun/                Jumlah/              Biaya transaksi/           Nilai Tercatat/
                                 <= 1 year      1-2 years          3-5 years                  > 5 years                 Total              Transaction costs            As Reported
                                    '000           '000               '000                      '000                    '000                      '000                      '000

    Liabilitas                                                                                                                                                                                Other Financial Liabilities
    Utang bank jangka pendek    1.045.873.913                  -                      -                       -        1.045.873.913                (317.865)             1.045.556.048          Short-term bank loans
    Utang usaha                    84.351.133                  -                      -                       -           84.351.133                              -           84.351.133         Trade accounts payable
    Utang lain-lain                50.610.996       52.747.060          6.698.326              328.691.588              438.747.970                               -          438.747.970         Other accounts payable
    Beban akrual                  523.636.710                  -                      -                       -         523.636.710                               -          523.636.710         Accrued expenses
    Utang bank jangka panjang     172.168.953      267.164.165       704.333.170             1.952.356.516             3.096.022.804            (405.392.116)             2.690.630.688          Long-term bank loans
    Utang pembiayaan konsumen         183.235             78.801             39.401                           -                 301.437                (20.009)                    281.428       Consumer finance payables
    Utang sukuk ijarah            375.000.000                  -                      -                       -         375.000.000               (2.443.793)                372.556.207         Sukuk ijarah payable
    Uang jaminan                   94.102.630      214.072.102                        -                       -         308.174.732                               -          308.174.732         Guarantee deposits

    Jumlah                      2.345.927.570      534.062.128       711.070.897             2.281.048.104             5.872.108.699            (408.173.783)             5.463.934.916       Total




                                                                               31 Desember 2023/December 31, 2023
                                <= 1 tahun/     1-2 tahun/         3-5 tahun/                > 5 tahun/               Jumlah/              Biaya transaksi/           Nilai Tercatat/
                                <= 1 year       1-2 years          3-5 years                 > 5 years                 Total              Transaction costs           As Reported
                                   '000           '000               '000                      '000                    '000                     '000                       '000

    Liabilitas                                                                                                                                                                               Other Financial Liabilities
    Utang bank jangka pendek    1.250.736.102                  -                  -                       -           1.250.736.102              (1.856.492)             1.248.879.610         Short-term bank loans
    Utang usaha                    65.099.135                  -                  -                       -             65.099.135                            -             65.099.135         Trade accounts payable
    Utang lain-lain                87.620.480     206.931.673         25.500.000                16.500.000             336.552.153               (3.268.035)               333.284.118         Other accounts payable
    Beban akrual                 793.319.736                   -                  -                       -            793.319.736                            -            793.319.736         Accrued expenses
    Utang bank jangka panjang    226.933.425      887.049.173      1.547.922.763              426.375.811             3.088.281.172            (104.753.106)             2.983.528.066         Long-term bank loans
    Utang pembiayaan konsumen         113.928            104.434                  -                       -                   218.362               (26.494)                      191.868      Consumer finance payables
    Utang sukuk ijarah           125.000.000      375.000.000                     -                       -            500.000.000               (7.149.395)               492.850.605         Sukuk ijarah payable
    Uang jaminan                   64.615.864     230.908.977                     -                       -            295.524.841                            -            295.524.841         Guarantee deposits

    Jumlah                      2.613.438.670   1.699.994.257      1.573.422.763              442.875.811             6.329.731.501            (117.053.522)             6.212.677.979       Total




                                                                                          - 131 -
Page 433
PT INTILAND DEVELOPMENT Tbk                                                                                                                     PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                              For the Years Ended
31 Desember 2024 dan 2023                                                                                                                            December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                                             (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                                               Otherwise Stated)


48. Segmen Operasi                                                                                                        48. Operating Segments

   Segmen Usaha                                                                                                                Business segments

   Untuk tujuan pelaporan manajemen, saat ini Grup                                                                             For purposes of management reporting, the
   dibagi dalam 5 (lima) divisi operasi – real estat,                                                                          Group is currently divided into 5 (five) divisions –
   penyewaan gedung perkantoran, hotel, kawasan                                                                                real estate, rental of office building, hotels,
   industri dan fasilitas. Divisi-divisi tersebut menjadi                                                                      industrial estate and facilities. These divisions are
   dasar pelaporan informasi segmen primer Grup.                                                                               the bases of reporting on the primary segment
                                                                                                                               information of the Group.

   Kegiatan utama divisi tersebut terdiri dari:                                                                                Each division’s main activities are as follows:

    Real estat/Real estate                                                                  −           Pengembangan kawasan perumahan dan apartemen/
                                                                                                        Residential and apartment development
    Penyewaan gedung perkantoran/Rental of                                                  −           Pendapatan berulang atas penyewaan ruang kantor/
    office building                                                                                     Recurring income on office space rental
    Kawasan industri/Industrial estate                                                      −           Pengembangan dan pengelolaan kawasan industri/
                                                                                                        Industrial estate development and management
    Fasilitas/Facilities                                                                    −           Pendapatan berulang atas pengelolaan lapangan golf, sarana
                                                                                                        olahraga dan fasilitas/
                                                                                                        Recurring income on the management of golf courses, sports
                                                                                                        club and facilities
    Hotel/Hotels                                                                            −           Hotel/
                                                                                                        Hotels

   Berikut ini adalah segmen operasi Grup:                                                                                     Following are the operating segments of the
                                                                                                                               Group:
                                                                  Real Estat/Real Estate                                          Kawasan
                                                           Perumahan/                                                             Industri/
                                                           Houses and                                      Perkantoran/          Industrial           Fasilitas/         Hotels/            Eliminasi/           Konsolidasi/
                                      2024                     Land                High Rise                 Offices               Estate             Facilities         Hotel              Elimination          Consolidated

    PENDAPATAN/REVENUES
    Penjualan dan pendapatan usaha/
    Sales and operating revenues                           659.423.207.391        371.759.512.185          259.273.061.900      744.236.962.337     479.140.434.963    39.452.110.941                      -     2.553.285.289.717

    HASIL/RESULTS
    Hasil segmen/Segment results                           262.452.881.449        133.980.954.022          117.640.406.290      221.432.601.279      38.006.417.279    11.838.743.443                      -      785.352.003.762

    Laba (rugi) operasi/Income (loss) from operations      141.062.562.914          74.932.027.145          45.297.426.304      193.890.671.751      (6.603.950.112)    5.652.455.688                      -      454.231.193.690


    Pendapatan bunga/Interest income                         4.696.376.351           9.646.312.616             341.697.218          885.613.529       3.988.102.920         5.340.092                      -       19.563.442.726
    Keuntungan (kerugian) kurs mata uang asing- bersih/
    Gain (loss) on foreign exchange - net                        (1.162.500)           (32.064.879)             (70.619.680)        230.607.953                    -                -                      -          126.760.894
    Keuntungan penjualan aset tetap/
    Gain (loss) on sale of property and equipment                     77.000               12.605.106           19.413.402                     -        352.327.053                 -                      -          384.422.561
    Ekuitas pada laba bersih entitas asosiasi dan
      ventura bersama/
    Equity in net income of associates and
      joint venture                                         (16.071.996.127)        72.817.324.909         198.882.796.208                     -                   -                -      (182.287.707.801)       73.340.417.189
    Beban bunga/Interest expense                            (79.290.752.057)       (33.137.652.399)        (246.968.866.068)                   -        (19.882.770)                -                      -      (359.417.153.294)
    Komponen pendanaan atas liabilitas kontrak/
    Financing component of contract liabilities             (43.104.339.426)       (37.350.724.892)            (357.151.685)     (17.026.947.846)                  -                -                      -       (97.839.163.849)
    Lain-lain bersih/Others - net                              (759.057.633)         2.229.116.075         303.674.397.379        (8.035.431.787)    24.475.470.750    (1.779.962.304)        (3.108.449.456)     316.696.083.024

    Laba sebelum pajak/
    Income (loss) before tax                                 6.531.708.522          89.116.943.681         300.819.093.078      169.944.513.600      22.192.067.841     3.877.833.476      (185.396.157.257)      407.086.002.941
    Pajak final/Final tax                                   (14.680.497.764)        (8.731.505.100)         (23.979.608.645)     (17.113.062.068)   (16.007.239.343)                -                      -       (80.511.912.920)
    Manfaat (beban) pajak/Tax benefit (expense)              2.465.788.010            (579.845.353)         (48.608.910.973)      (4.815.831.899)   (11.183.558.751)                -                      -       (62.722.358.966)

    Laba (rugi) sebelum kepentingan nonpengendali/
    Income (loss) before non-controlling interest            (5.683.001.232)        79.805.593.228         228.230.573.460      148.015.619.633      (4.998.730.253)    3.877.833.476      (185.396.157.257)      263.851.731.055
    Penghasilan (rugi) komprehensif lain/
      Other Comprehensive Income (loss)                      2.062.025.464           1.943.621.075             (582.584.251)        (106.958.653)     1.413.468.233                 -         (1.115.601.453)        3.613.970.415
    Jumlah penghasilan (rugi) komprehensif/
      Total comprehensive income (loss)                      (3.620.975.768)        81.749.214.303         227.647.989.209      147.908.660.980      (3.585.262.020)    3.877.833.476      (186.511.758.710)      267.465.701.470


    INFORMASI LAINNYA/OTHER INFORMATION

    ASET/ASSETS
    Aset segmen/Segment assets                            3.838.092.368.606      7.154.214.996.416        1.062.845.181.260    1.170.739.520.135    700.825.390.488     9.598.124.076      (585.316.314.980)    13.350.999.266.001
    Investasi dalam saham pada entitas asosiasi
       dan ventura bersama/
    Investments in shares of stock of associates
       and joint venture                                  3.858.852.608.450      2.330.392.891.059        7.541.063.124.109             100.940      12.870.967.193                 -    (13.390.625.876.855)     352.553.814.896

    Jumlah aset yang dikonsolidasi/
    Total consolidated assets                             7.696.944.977.056      9.484.607.887.475        8.603.908.305.369    1.170.739.621.075    713.696.357.681     9.598.124.076    (13.975.942.191.835)   13.703.553.080.897

    LIABILITAS/LIABILITIES
    Liabilitas segmen/Segment liabilities                 1.744.179.470.760      1.833.362.579.465        3.154.248.694.193     361.835.729.577     191.586.803.654    18.346.823.318      (346.919.490.452)     6.956.640.610.515


    Informasi Lainnya

    Beban penyusutan/Depreciation                            2.704.146.636           3.756.951.066          81.198.950.680        8.631.470.946      24.916.331.071     7.923.001.359                      -      129.130.851.758




                                                                                                          - 132 -
Page 434
PT INTILAND DEVELOPMENT Tbk                                                                                                                PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                                     AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                         For the Years Ended
31 Desember 2024 dan 2023                                                                                                                       December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                                        (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                                          Otherwise Stated)


                                                                 Real Estat/Real Estate                                      Kawasan
                                                           Perumahan/                                                        Industri/
                                                           Houses and                                 Perkantoran/          Industrial           Fasilitas/         Hotels/             Eliminasi/          Konsolidasi/
                                      2023                    Land                 High Rise            Offices               Estate             Facilities         Hotel              Elimination          Consolidated

    PENDAPATAN/REVENUES
    Penjualan dan pendapatan usaha/
    Sales and operating revenues                           861.503.453.161      2.027.851.190.779     228.753.943.807      345.635.843.262     425.417.969.208    17.663.998.975                      -     3.906.826.399.192

    HASIL/RESULTS
    Hasil segmen/Segment results                           308.970.011.015      1.059.611.580.439      91.326.653.858      106.081.877.017      18.817.682.651      988.011.013                       -     1.585.795.815.993
    Laba (rugi) operasi/Income (loss) from operations      213.000.640.151       956.776.640.682        9.406.119.103       83.207.438.782      11.180.041.531    (3.101.749.253)                     -     1.270.469.130.996

    Pendapatan bunga/Interest income                         3.820.264.526         20.058.842.734         141.991.898          326.150.601       2.587.012.074         1.648.007         (2.651.753.517)      24.284.156.323
    Keuntungan (kerugian) kurs mata uang asing- bersih/
    Gain (loss) on foreign exchange - net                                 -        (1.608.099.036)         25.298.782          (196.908.361)                  -                -                      -        (1.779.708.615)
    Keuntungan penjualan aset tetap/
    Gain (loss) on sale of property and equipment              501.824.324            20.065.576          386.858.435                     -        (72.659.980)                -                      -          836.088.355
    Ekuitas pada laba bersih entitas asosiasi dan
       ventura bersama/
    Equity in net income of associates and
       joint venture                                       102.020.006.079          1.440.649.666      511.794.304.943                    -                  -                 -      (219.100.103.187)       396.154.857.501
    Beban bunga/Interest expense                           (81.243.775.685)        (4.597.516.514)    (305.901.778.691)                   -       (386.120.328)                -         2.651.753.517       (389.477.437.701)
    Komponen pendanaan atas liabilitas kontrak/
    Financing component of contract liabilities             (76.137.028.824)      (89.748.519.865)                  -       (21.493.331.950)                 -                 -                      -      (187.378.880.639)
    Lain-lain bersih/Others - net                          (281.503.631.348)       (4.133.345.606)      3.785.530.446           392.951.301     25.912.894.363      (990.309.135)        (2.676.798.435)     (259.212.708.414)
    Laba (rugi) sebelum pajak/
    Income (loss) before tax                               (119.541.700.777)     878.208.717.637      219.638.324.916       62.236.300.373      39.221.167.660    (4.090.410.381)     (221.776.901.622)       853.895.497.806
    Pajak final/Final tax                                   (18.936.100.225)     (40.006.562.712)     (22.363.697.888)      (7.956.614.284)    (14.764.386.315)                -                     -       (104.027.361.424)
    Manfaat (beban) pajak/Tax benefit (expense)              (6.646.368.825)       1.215.304.865       15.844.385.339       (3.468.587.109)      1.215.500.694                 -                     -          8.160.234.964
    Laba (rugi) sebelum kepentingan nonpengendali/
    Income (loss) before non-controlling interest          (145.124.169.827)     839.417.459.790      213.119.012.367       50.811.098.980      25.672.282.039    (4.090.410.381)     (221.776.901.622)      758.028.371.346
    Penghasilan (rugi) komprehensif lain/
       Other Comprehensive Income (loss)                       (345.427.866)       (1.336.490.608)        556.495.989           48.244.120      (1.325.822.071)                -           409.591.376         (1.993.409.060)
    Jumlah penghasilan (rugi) komprehensif/
       Total comprehensive income (loss)                   (145.469.597.693)     838.080.969.182      213.675.508.356       50.859.343.100      24.346.459.968    (4.090.410.381)     (221.367.310.246)      756.034.962.286

    INFORMASI LAINNYA/OTHER INFORMATION

    ASET/ASSETS
    Aset segmen/Segment assets                            4.013.674.163.600     7.695.628.607.919    1.130.082.310.245    1.392.107.794.212    734.108.451.388    14.705.264.479      (801.887.436.810)    14.178.419.155.033
    Investasi dalam saham pada entitas asosiasi
        dan ventura bersama/
    Investments in shares of stock of associates
        and joint venture                                 3.935.605.485.982     2.291.254.046.625    7.574.114.926.463             100.940      13.702.105.815                 -    (13.389.187.677.666)     425.488.988.159
    Jumlah aset yang dikonsolidasi/
    Total consolidated assets                             7.949.279.649.582     9.986.882.654.544    8.704.197.236.708    1.392.107.895.152    747.810.557.203    14.705.264.479    (14.191.075.114.476)   14.603.908.143.192

    LIABILITAS/LIABILITIES
    Liabilitas segmen/Segment liabilities                 2.055.261.595.597     1.999.396.973.753    3.577.834.136.717     639.980.265.505     227.555.348.899    21.445.274.707      (456.746.880.010)     8.064.726.715.168

    Informasi Lainnya

    Beban penyusutan/Depreciation                            2.149.560.904          6.282.925.545      78.142.741.493        8.215.751.376      21.256.792.316     5.102.580.442                      -      121.150.352.076



   Segmen Geografis                                                                                                       Geographical Segment

   Operasi Grup berlokasi di wilayah Indonesia,                                                                           The operations of the Group are located in
   terutama Pulau Jawa yang memiliki risiko dan                                                                           Indonesia, mainly in Java island and have similar
   imbalan relatif sama. Seluruh pendapatan Grup                                                                          risks and returns. All revenues of the Group
   adalah pendapatan domestik.                                                                                            represent domestic income.




                                                                                                     - 133 -
Page 435
PT INTILAND DEVELOPMENT Tbk                                                                            PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                     For the Years Ended
31 Desember 2024 dan 2023                                                                                   December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                    (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                      Otherwise Stated)


49. Aset dan Liabilitas Moneter Bersih dalam Mata                                   49. Net  Monetary     Assets    and   Liabilities
    Uang Asing                                                                          Denominated in Foreign Currencies

   Tabel berikut mengungkapkan jumlah aset dan                                         The following table shows the consolidated
   liabilitas moneter konsolidasian dalam mata uang                                    foreign currency denominated monetary assets
   asing:                                                                              and liabilities:

                                                                       31 Desember/December 31
                                                          2024                                              2023
                                       Mata uang                 Ekuivalen Rp/           Mata uang                 Ekuivalen Rp/
                                      asing/Original             Equivalent in          asing/Original             Equivalent in
                                        currency                      Rp                  currency                      Rp

    Aset                                                                                                                              Assets

    Aset Lancar                                                                                                                       Current Assets
      Kas dan setara kas        US$            260.079              4.203.393.242                658.146            10.145.971.070       Cash and cash equivalents

    Jumlah Aset                                                     4.203.393.242                                   10.145.971.070    Total Assets


    Liabilitas                                                                                                                        Liabilities

    Liabilitas Jangka Pendek                                                                                                          Short term Liability
       Utang usaha              US$              60.520              978.124.240                   18.500              285.196.000      Trade accounts payable
                                SGD                 905               10.787.003                    8.199               96.023.736
                                EUR                   -                        -                    1.530               26.223.466

    Liabilitas Jangka Panjang                                                                                                         Long term Liability
       Uang jaminan             US$            103.828              1.678.068.136                145.847              2.248.377.352      Guarantee deposits

    Jumlah Liabilitas                                               2.666.979.379                                     2.655.820.554   Total Liabilities

    Jumlah Aset - Bersih                                            1.536.413.863                                     7.490.150.516   Net Assets




   Pada tanggal 31 Desember 2024 dan 2023, kurs                                        As of December 31, 2024 and 2023, the
   konversi yang digunakan Grup diungkapkan pada                                       conversion rates used by the Group were
   Catatan 2 atas laporan keuangan konsolidasian.                                      disclosed in Note 2 to consolidated financial
                                                                                       statements.


50. Kerjasama Operasi                                                               50. Joint Operations

    Badan Kerjasama Mutiara Buana                                                        Badan Kerjasama Mutiara Buana

    Berdasarkan Akta No. 12 tanggal 29 April 2006 dari                                   Based on the Deed No. 12 dated April 29, 2006
    Saniwati Suganda, S.H., notaris di Jakarta, tentang                                  of Saniwati Suganda, S.H., public notary in
    perubahan kedua dan pernyataan kembali                                               Jakarta, concerning the changes in and
    Perjanjian Badan Pengurus Kerjasama telah                                            reinstatement of the BKMB Agreement, THI and
    disepakati antara THI dan PT Global Ekabuana                                         PT Global Ekabuana (GE) agreed on the
    (GE) hal-hal sebagai berikut:                                                        following:

    −      Badan Kerjasama yang terbentuk diberi nama                                    −      To establish a joint venture organization
           Badan Kerjasama Mutiara Buana (BKMB),                                                called Badan Kerjasama Mutiara Buana
           berkedudukan di Jakarta.                                                             (BKMB), located in Jakarta.

    −      BKMB       didirikan   untuk     melaksanakan                                 −      BKMB is established to carry out the
           pengembangan dan pembangunan proyek                                                  development and construction of an
           apartemen terletak di Pantai Mutiara Blok V dan                                      apartment project at Pantai Mutiara Blok V
           W, Jakarta Utara di atas tanah seluas                                                and W, North Jakarta on 62,625 square
           62.625 m2.                                                                           meters area of land.

    −      THI dan GE akan memberikan kontribusinya                                      −      THI and GE will contribute equally to BKMB
           secara merata terhadap kas BKMB untuk setiap                                         in the form of cash.
           penambahan modal.




                                                                       - 134 -
Page 436
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


    −   Seluruh pendapatan dari kerjasama ini                        −    All revenue from this joint venture including
        termasuk tetapi tidak terbatas pada penjualan                     but not limited to the sales and rent of
        dan sewa unit-unit apartemen wajib disetorkan                     apartment units must be deposited in the
        ke dalam rekening penampungan yang akan                           bank account of BKMB.
        dibuka oleh BKMB.

    −   Berdasarkan nilai pemasukan dan kontribusi                   −    Based on the participation and contribution
        dari THI dan GE, maka perbandingan besarnya                       from THI and GE, the share in the rights and
        hak-hak dan liabilitas-liabilitas masing-masing                   obligations in BKMB is 50% for each party.
        dalam BKMB disetujui dan ditetapkan sebesar
        50%.

    −   BKMB ini didirikan terhitung sejak tanggal                   −    BKMB was established as of the date of
        penandatanganan Perjanjian Badan Pengurus                         signing of the Cooperation Board Agreement
        Kerjasama untuk jangka waktu yang tidak                           for an indefinite period of time.
        ditentukan lamanya.


51. Perkara Hukum                                               51. Litigation

   a.   PT Taman Harapan Indah (THI), entitas anak,                a.     PT Taman Harapan Indah (THI), a subsidiary,
        mengajukan tiga (3) gugatan kepada pihak-                         filed three (3) lawsuits against third parties,
        pihak ketiga, yaitu:                                              follows:

        1) Gugatan kepada Gubernur DKI Jakarta di                         1) Lawsuit against the Governor of DKI
           Pengadilan Tata Usaha Negara (PTUN)                               Jakarta at the Court of Tata Usaha
           Jakarta dalam kaitannya dengan Keputusan                          Negara (PTUN) Jakarta in connection
           Gubernur DKI Jakarta No. 1409 Tahun 2018                          with the Decree of the Governor of DKI
           tanggal 6 September 2018 yang mencabut                            Jakarta No. 1409 Year 2018 dated
           Surat Keputusan Gubernur DKI Jakarta                              September 6, 2018 which revoked the
           No. 2637 Tahun 2015 tanggal 30 November                           Decree of the Governor of DKI Jakarta
           2015 tentang Pemberian Izin Pelaksanaan                           No. 2637 Year 2015 dated November 30,
           Reklamasi     Pulau    H   kepada    THI                          2015 concerning Granting of Permit for
           (Catatan 46.b). Sengketa ini terdaftar                            Pulau H Reclamation Implementation to
           dengan No. 24/G/2019/PTUN Jakarta dan                             THI (Note 46.b). This dispute is registered
           dalam proses banding karena Gubernur DKI                          with No. 24/G/2019/PTUN Jakarta and in
           Jakarta keberatan terhadap putusan PTUN                           the appeal process because of the
           Jakarta yang memenangkan gugatan THI.                             Governor of DKI Jakarta objected to the
                                                                             PTUN Jakarta’s decision which THI won
                                                                             the lawsuit.

           Banding telah diputus PTUN Jakarta pada                            The appeal has been decided by PTUN
           tanggal 2 Desember 2019 dalam nomor                                Jakarta on December 2, 2019 in the
           putusan banding No. 268/B/2019/PTUN-JKT                            appeal      decision    number      No.
           dengan putusannya, membatalkan putusan                             268/B/2019/PTUN-JKT with its decision,
           PTUN Jakarta No. 24/6/2019/PTUN tanggal                            canceling the decision of PTUN Jakarta
           9 Juli 2019.                                                       No. 24/6/2019/PTUN on July 9, 2019.

           Atas putusan tersebut, pada tanggal                                In lieu of this decision, THI has filed
           23 Desember 2019, THI telah mengajukan                             another appeal to the Supreme Court on
           kasasi ke Mahkamah Agung. Hasil kasasi ini                         December 23, 2019. The Supreme Court
           diputuskan oleh Mahkamah Agung dengan                              issued     the    decision     letter No.
           surat putusan No. 227/K/TUN/2020 tanggal                           227/K/TUN/2020 dated June 4, 2020 with
           4 Juni 2020 dengan putusannya menolak                              the decision rejecting THI’s appeal.
           permohonan kasasi THI.




                                                      - 135 -
Page 437
PT INTILAND DEVELOPMENT Tbk                                             PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                      For the Years Ended
31 Desember 2024 dan 2023                                                    December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                     (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                       Otherwise Stated)


          THI melalui kuasa hukumnya melakukan                    THI through its legal counsel took legal
          upaya     hukum     dengan    mengajukan                action by submitting a Judicial Review
          Peninjauan Kembali (PK) atas Putusan MA                 (PK) of the Supreme Court’s Decision.
          tersebut. Hasil PK ini diputuskan oleh                  The result of this PK were decided by the
          Mahkamah Agung dengan surat putusan                     Supreme Court with a decision letter
          No. 84/PK/TUN/2021 tanggal 19 Agustus                   No. 84/PK/TUN/2021 dated August 19,
          2021 dengan putusannya membatalkan                      2021 with its decision cancelling the
          hasil    Putusan     Mahkamah     Agung                 results of the Supreme Court’s Decision
          No. 227/K/TUN/2020 tanggal 4 Juni 2020                  No. 227/K/TUN/2020 dated June 4, 2020
          dan Keputusan Gubernur DKI Jakarta                      and the Decree of the Governor of DKI
          No. 1409 Tahun 2018 tanggal 6 September                 Jakarta No. 1409 Year 2018 dated
          2018 tentang pemberian izin pelaksanaan                 September 6, 2018 concerning the
          reklamasi Pulau H kepada THI.                           granting of permits for the reclamation of
                                                                  Pulau H to THI.

          Atas hasil putusan PK tersebut, manajemen               Based on the results of the PK decision,
          THI telah mengirimkan surat kepada                      THI management has sent a letter to the
          Gubernur DKI Jakarta pada tanggal                       Governor      of    DKI      Jakarta     on
          14 Desember 2021 meminta permohonan                     December 14, 2021 request for further
          arahan selanjutnya atas proses dan                      directions on the processes and
          prosedur yang harus ditempuh terkait                    procedures that must be followed in
          dengan pelaksanaan reklamasi Pulau H.                   relation to the implementation of the
          Manajemen THI telah menerima tanggapan                  reclamation of Pulau H. THI management
          surat tersebut dari Gubernur DKI Jakarta                has received a response to the letter from
          pada tanggal 8 Juni 2022 yang berisikan                 the Governor of DKI Jakarta on June 8,
          penegasan      bahwa    pada     prinsipnya             2022 which contains an affirmation that in
          Pemerintah Provinsi DKI Jakarta taat hukum              principle the Provincial Government of
          dan ketentuan peraturan perundang-                      DKI Jakarta obeys the law and the
          undangan serta menghormati hasil proses                 provisions of laws and regulations and
          peradilan termasuk Putusan Peninjauan                   respect the results of the judicial process
          Kembali     Mahkamah     Agung    Republik              including the Judicial Review Decision of
          Indonesia Nomor 84 PK/TUN/2021 tanggal                  the Supreme Court of the Republic of
          19 Agustus 2021.                                        Indonesia Number 84 PK/TUN/2021
                                                                  dated August 19, 2021.

       2) Gugatan      kepada    Badan    Pertanahan           2) Lawsuit against Badan Pertanahan
          Nasional (BPN) terkait Surat Keputusan                  Nasional    (BPN)     regarding  Decree
          No.       1/PTT-HGB/KEM-ART/BPN/IV/2019                 No. 1/PTT-HGB/KEM-ART/BPN/IV/2019
          tanggal 22 April 2019 dari Kementrian                   dated April 22, 2019 from the Agrarian
          Agraria yang menetapkan tanah milik THI di              Ministry which established THI’s land in
          Tegal Ratu, Ciwandan dengan SHGB No. 17                 Tegal Ratu, Ciwandan with SHGB No. 17
          dan luas tanah 68.028 m2 sebagai tanah                  and with total area of 68,028 square
          terlantar. PTUN Jakarta memenangkan                     meters, as an abandoned land. PTUN
          gugatan      THI    berdasarkan    Putusan              Jakarta won the THI lawsuit based on
          No. 159/G/2019/PTUN/JKT. Perkara ini                    Decision No. 159/G/2019/PTUN/JKT.
          masih berlanjut oleh karena BPN melakukan               This case is still ongoing because BPN
          banding atas putusan tersebut dan saat ini              has appealed the decision and is
          sedang dalam pemeriksaan di tingkat                     currently being investigated at the
          Mahkamah Agung. Adapun jumlah nilai                     Supreme Court level. The total dispute
          tanah yang dipersengketakan sebesar                     land      value         amounted      to
          Rp 20.581.115.316.                                      Rp 20,581,115,316.




                                                    - 136 -
Page 438
PT INTILAND DEVELOPMENT Tbk                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2024 dan 2023                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                              Otherwise Stated)


        3) Gugatan kasasi kepada Kudun, Muryati, dan                  3) Lawsuit against Kudun, Muryati, and
           Mawi (ahli waris dari Hj. Alimah Suja alias                   Mawi (heirs of Hj. Alimah Suja as known
           Alisma Sudja) (Tergugat) terkait putusan                      as Alisma Sudja) (Defendant) regarding
           Pengadilan Tinggi DKI Jakarta No.                             the decision of the DKI Jakarta High
           244/Pdt/2021/PT DKI tanggal 30 Juli 2021                      Court No. 244/Pdt/2021/PT DKI dated
           yang menetapkan bahwa objek sengketa                          July 30, 2021 which stipulates that the
           berdasarkan SHM Nomor 02282 atas nama                         object dispute based on SHM Number
           Alisma Sudja adalah milik sah Tergugat.                       02282 in the name of Alisma Sudja is the
           Bahwa perbuatan Penggugat yang telah                          legal property of the Defendant. That the
           menguasai tanah objek sengketa sejak                          actions of the Plaintiff, who has controlled
           tahun 1989, tanpa alas hak yang sah berupa                    the land subject to dispute since 1989,
           surat peralihan hak dari pemilik kepada                       without a legal basis in the form of a letter
           Penggugat adalah perbuatan melawan                            of transfer of rights from the owner to the
           hukum. Perkara sudah diputus pada tanggal                     Plaintiff, is an unlawful act. The case was
           30    November      2022     dengan   hasil                   decided on November 30, 2022 with the
           putusannya menolak permohonan kasasi                          result of the decision rejecting the
           Penggugat. Atas putusan kasasi tersebut,                      Plaintiff’s cassation request. Based on the
           Penggugat       berencana       mengajukan                    cassation decision, the Plaintiff plans to
           Peninjauan Kembali ke Mahkamah Agung.                         submit a judicial review to the Supreme
           Sampai dengan tanggal penyelesaian                            Court. As of the completion date of the
           laporan keuangan konsolidasian, perkara                       consolidated financial statements, the
           tersebut masih dalam proses pengajuan                         case is still in the process of submitting a
           Peninjauan Kembali. Adapun jumlah nilai                       judicial review. The total value of the
           tanah yang dipersengketakan sebesar                           dispute is Rp 15,600,000,000.
           Rp 15.600.000.000.

   b.   PT Intiland Grande (IG), entitas anak,                  b.    PT Intiland Grande (IG), a subsidiary, is
        menghadapi gugatan kasasi dari pihak ketiga                   facing a cassation lawsuit from third parties
        berdasarkan perkara No. 884/Pdt.G/2020/                       based on case No. 884/Pdt.G/2020/PN.Sby
        PN.Sby terkait sebidang tanah pekarangan                      related to a plot of land with an area of 1,770
        seluas 1.770 m2 yang terletak di Persil                       square meters located at Persil No.34/13
        No.34/13 Klas II No blok 29b, Lontar, Surabaya.               Class II No. blok 29b, Lontar, Surabaya. The
        Hasil kasasi ini diputuskan oleh Mahkamah                     Supreme Court issued the decision letter No.
        Agung dengan surat putusan No. 3332                           3332 K/Pdt/2024 dated September 3, 2024
        K/Pdt/2024 tanggal 3 September 2024 dengan                    with its decision rejecting the cassation
        putusannya menolak permohonan kasasi dari                     request from the third parties.
        pihak ketiga.

   c.   PT Grande Family View (GFV), entitas anak,              c.    PT Grande Family View (GFV), a subsidiary,
        menghadapi gugatan Perbuatan Melanggar                        is facing a lawsuit against unlawful acts from
        Hukum dari pihak ketiga di Pengadilan Negeri                  third party at the Surabaya District Court with
        Surabaya      dengan      nomor       perkara                 case       number     1101/Pdt.G/2021/PN.Sby
        1101/Pdt.G/2021/PN.Sby terkait dengan objek                   related to the object of a plot of land and
        sebidang tanah dan bangunan rumah dengan                      building with SHGB No. 7262/Babatan Village
        SHGB No. 7262/Kelurahan Babatan seluas                        with an area of 375 square meters. The total
        375 m2. Adapun jumlah nilai sengketa sebesar                  value of the dispute is Rp 13,474,000,000. On
        Rp 13.474.000.000. Pada tanggal 31 Agustus                    August 31, 2022 the court’s decision declared
        2022, putusan pengadilan menyatakan gugatan                   the lawsuit unacceptable. The plaintiff then
        tidak dapat diterima. Penggugat kemudian                      made an appeal on September 14, 2022 with
        melakukan banding pada tanggal 14 September                   the result of the appeal decision Number
        2022 dengan hasil putusan banding Nomor                       795/PDT/2022/PT Sby. dated January 31,
        795/PDT/2022/PT Sby. tanggal 31 Januari 2023                  2023 overturning the decision of the
        membatalkan putusan Pengadilan Tinggi                         Surabaya High Court. Then a cassation
        Surabaya. Kemudian diajukanlah permohonan                     application was filed with the decision that the
        kasasi dengan putusannya bahwa penggugat                      plaintiff could not prove the arguments of his
        tidak dapat membuktikan dalil gugatannya dan                  lawsuit and was sentenced to hand over the
        dihukum untuk menyerahkan objek sengketa                      disputed object SHGB No. 7262.
        SHGB No. 7262.



                                                      - 137 -
Page 439
PT INTILAND DEVELOPMENT Tbk                                                    PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2024 dan 2023                                                           December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                            (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                              Otherwise Stated)


   d.   Terkait perkara hukum yang berkaitan dengan             d.    Regarding the legal case related to the
        pengelolaan dan penggunaan dana investasi,                    management and use of investment funds,
        salah satu terpidana dalam kasus tersebut telah               one of the convicts in the case has been
        dijatuhi hukuman pidana tambahan berupa                       sentenced to additional criminal penalties in
        pembayaran uang pengganti pada 26 Februari                    the form of payment of compensation on
        2021. Namun, hingga batas waktu yang                          February 26, 2021. However, until the
        ditentukan,    pembayaran     tersebut  belum                 specified deadline, the payment was not
        direalisasikan. Pada tahun 2023, Kejaksaan                    realized. In 2023, the Central Jakarta District
        Negeri Jakarta Pusat dan Pusat Pemulihan                      Attorney’s Office and the Attorney General’s
        Aset Kejaksaan Agung RI, secara keliru dan                    Office of the Republic of Indonesia’s Asset
        tanpa dasar hukum yang jelas melakukan sita                   Recovery Center, wrongly and without a clear
        eksekusi atas aset tanah milik PLU, entitas                   legal basis, carried out an execution seizure
        anak, yaitu 6 bidang tanah di Desa Buaran –                   of land assets belonging to PLU, a subsidiary,
        Pakuhaji seluas 25.590 m2 dan 8 bidang tanah                  totaling 6 plots of land in Buaran Village –
        di Desa Kayu Agung – Sepatan seluas                           Pakuhaji covering an area of 25,590 m2 and
        17.025 m2. Penyitaan ini didasarkan pada                      8 plots of land in Kayu Agung Village –
        anggapan bahwa tanah tersebut merupakan                       Sepatan       covering    17,025      m2.     This
        bagian dari aset yang terkait dengan perkara                  arrangement is based on the assumption that
        tersebut. Namun, faktanya, PLU memperoleh                     the land is part of the assets related to the
        tanah tersebut melalui transaksi jual beli                    case. However, in fact, PLU obtained the land
        dengan PT Permata Ratna Mulia (PRM) pada                      through a sale and purchase transaction with
        tahun 2010. PRM sendiri tidak memiliki                        PT Permata Ratna Mulia (PRM) in 2010.
        keterkaitan, baik secara langsung maupun tidak                PRM itself has no connection, either directly
        langsung, dengan pihak yang terlibat dalam                    or indirectly, with the party involve in the case.
        perkara tersebut.

        Atas dasar ini, PLU dan Perusahaan telah                      On this basis, PLU and the Company have
        mengajukan gugatan perbuatan melawan                          filed a lawsuit for unlawful acts which has
        hukum, yang telah terdaftar dalam perkara                     been      registered     in    case     number
        nomor 12/Pdt.G/2024/PN di Pengadilan Negeri                   12/Pdt.G/2024/PN at the Central Jakarta
        Jakarta Pusat. Saat ini proses persidangan                    District Court. Currently the trial process has
        telah memasuki tahap Kesimpulan pada tanggal                  entered the Conclusion stage on March 12,
        12 Maret 2025, dan putusan yang seharusnya                    2025, and the verdict that should have been
        dibacakan oleh Majelis Hakim pada tanggal                     read by the Panel of Judges on March 19,
        19 Maret 2025, ditunda sampai dengan 9 April                  2025, was postponed until April 9, 2025.
        2025.

        Potensi kerugian akibat perkara tersebut,                     The potential loss due to the case, based on
        berdasarkan estimasi nilai objek tanah yang                   the estimated value of the land object that
        disita     secara      keliru,     mencapai                   was     wrongly      confiscated,    reached
        Rp 17.241.901.155.                                            Rp 17,241,901,155.




                                                      - 138 -
Page 440
PT INTILAND DEVELOPMENT Tbk                                                           PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2024 dan 2023                                                                  December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                   (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                     Otherwise Stated)


    e.   PT Raharja Mitra Familia (RMF), entitas anak,                e.     PT Raharja Mitra Familia (RMF), a subsidiary,
         menghadapi gugatan dari pihak ketiga                                is facing a lawsuit from a third party under
         berdasarkan perkara No. 146/Pdt.G/2023/                             case No. 146/Pdt.G/2023/PN.Jkt.Pst dated
         PN.Jkt.Pst tanggal 1 Maret 2023 terkait                             March 1, 2023, related to a plot of land
         sebidang tanah seluas 1.103,66 m2 yang                              measuring 1,103.66 m2 located in Kebon
         terletak di Kebon Melati. Pada tanggal                              Melati. On November 16, 2023, the District
         16 November 2023 putusan Pengadilan Negeri                          Court issued an interim rulling. The plaintiff
         menyatakan     putusan    sela.   Penggugat                         then filed an appeal on December 12, 2023.
         kemudian melakukan banding pada tanggal                             On July 23, 2024, the High Court issued a
         12 Desember 2023. Pada tanggal 23 Juli 2024,                        decision upholding the District Court’s interim
         Pengadilan Tinggi mengeluarkan putusan untuk                        rulling. The plaintiff subsequently filed a
         menyetujui putusan sela Pengadilan Negeri.                          cassation on September 2, 2024. As of the
         Penggugat kemudian mengajukan kasasi pada                           date of these consolidated financial
         tanggal 2 September 2024. Sampai dengan                             statements, the case is still in the cassation
         tanggal penyelesaian laporan keuangan                               examination process at the Supreme Court.
         konsolidasian,   perkara   tersebut     masih
         menunggu dalam proses pemeriksaan kasasi di
         Mahkamah Agung.

         RMF menghadapi gugatan dari pihak ketiga                            RMF is facing a lawsuit from a third party
         berdasarkan perkara No. 177/Pdt.G/2023/                             based       on       case     No.       177/Pdt.
         PN.Jkt.Pst tanggal 19 Maret 2024 terkait                            G/2023/PN.Jkt.Pst dated March 19, 2024,
         sebidang tanah seluas 29.855 m2 yang terletak                       related to a plot of land measuring 29,855 m2
         di Kebon Melati yang tidak dimiliki seluruhnya                      located in Kebon Melati that is not fully owned
         oleh RMF. Penggugat meminta sita jaminan                            by RMF. The plaintiff is requesting a lien on
         terhadap tanah tersebut. Pada tanggal                               the land. On November 21, 2024, the District
         21 November 2024, Pengadilan Negeri                                 Court granted the request for a lien on
         mengabulkan permintaan sita jaminan untuk                           17,510 m2 of land, that is not owned by RMF.
         tanah seluas 17.510 m2 yang bukan                                   As of the date of these consolidated financial
         merupakan milik RMF. Sampai dengan tanggal                          statements, the case is still undergoing
         penyelesaian laporan keuangan konsolidasian,                        examination in the District Court.
         perkara tersebut masih menunggu dalam
         proses pemeriksaan di Pengadilan Negeri.

         Manajemen meyakini bahwa perkara hukum ini                          Management believes that this litigation has
         tidak berdampak terhadap laporan keuangan                           no impact to the consolidated financial
         konsolidasian karena RMF memiliki basis                             statements since RMF has a strong legal
         hukum yang kuat.                                                    basis.


52. Peristiwa Setelah Periode Pelaporan                            52. Events After the Reporting Period

    a.   Berdasarkan Akta No. 1 tanggal 5 Februari                     a.    Based on Deed No. 1 dated February 5,
         2025 dari Laurens Gunawan, S.H., M.Kn.,                             2025 of Laurens Gunawan, S.H., M.Kn., a
         notaris di Jakarta, PT Inti Mitbana Development                     public notary in Jakarta, PT Inti Mitbana
         memperoleh persetujuan dari pemegang saham                          Development obtained the approval from
         untuk meningkatkan modal dasar dan modal                            stockholders for the increase in issued and
         ditempatkan         dan         disetor      dari                   paid-up capital from Rp 271,000,000,000
         Rp 271.000.000.000 terdiri dari 271.000 saham                       consisting    of    271,000      shares    to
         menjadi Rp 283.900.000.000 terdiri dari                             Rp 283,900,000,000 consisting of 283,900
         283.900      saham.      Bagian      PT     Sinar                   shares. The share of PT Sinar Puspapersada
         Puspapersada, entitas anak, atas peningkatan                        in    this     increase      amounted      to
         modal ini adalah sebesar Rp 3.870.000.000                           Rp 3,870,000,000 in the form of cash
         dalam bentuk setoran tunai. Kenaikan tersebut                       deposits. The increase in paid-up capital was
         dilakukan     secara    proporsional    sehingga                    done proportionately, thus, no change in
         komposisi persentase kepemilikan saham                              ownership interest of the stockholders.
         sebelum dan sesudah kenaikan modal tidak
         berubah.




                                                         - 139 -
Page 441
PT INTILAND DEVELOPMENT Tbk                                                                   PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                            For the Years Ended
31 Desember 2024 dan 2023                                                                          December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                           (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                             Otherwise Stated)


   b.    Pada tanggal 14 Februari 2025, fasilitas                              b.     On February 14, 2025, Revolving Loan
         Pinjaman Berulang 1 dan 3 milik THI, entitas                                 facilities 1 and 3 owned by THI, a subsidiary,
         anak, di PT Bank Mayapada Internasional Tbk                                  at PT Bank Mayapada Internasional Tbk has
         mengalami penurunan jumlah maksimum                                          decreased its maximum loan facilities from
         pinjaman dari yang sebelumnya Rp 17,4 milyar                                 Rp 17.4 billion and Rp 16 billion, respectively
         dan Rp 16 milyar masing-masing menjadi                                       to Rp 14.8 billion for each with a temporary
         sebesar Rp 14,8 milyar dengan perpanjangan                                   extension of maturity date until April 5, 2025.
         sementara tanggal jatuh tempo sampai dengan
         5 April 2025.

   c.    Pada tanggal 20 Februari 2025, Perusahaan                             c.     On February 20, 2025, the Company has
         telah melunasi utang bank kepada PT Bank                                     fully paid its bank loan to PT Bank Mayapada
         Mayapada       Internasional     Tbk   sebesar                               Internasional Tbk amounting to Rp 125 billion
         Rp 125 milyar dan seluruh fasilitas pinjaman                                 and all of the Company’s loan facilities to
         Perusahaan      ke    PT      Bank   Mayapada                                PT Bank Mayapada International Tbk have
         Internasional Tbk telah ditutup.                                             been closed.

   d.    Pada tanggal 28 Februari 2025, IG, entitas                            d.     On February 28, 2025, IG, a subsidiary, has
         anak, telah melunasi utang bank kepada                                       fully paid its bank loan to PT Bank Mayapada
         PT Bank Mayapada Internasional Tbk sebesar                                   Internasional        Tbk     amounting        to
         Rp 120,5 milyar dan seluruh fasilitas pinjaman                               Rp 120.5 billion and all of IG’s loan facilities
         IG ke PT Bank Mayapada Internasional Tbk                                     to PT Bank Mayapada International Tbk have
         telah ditutup.                                                               been closed.


53. Pengungkapan Tambahan Laporan Arus Kas                                 53. Supplemental Disclosures on Consolidated
    Konsolidasian                                                              Statements of Cash Flows

   Aktivitas investasi dan pendanaan yang tidak                                The following are the noncash investing and
   mempengaruhi kas dan setara kas:                                            financing activities of the Group:

                                                          2024                 2023

     Reklasifikasi properti investasi ke                                                     Reclassification of investment properties to
        tanah belum dikembangkan                      59.305.436.529                     -     land for development
                                                                                             Reclassification of inventories to
     Reklasifikasi persediaan ke properti investasi   54.917.221.104   167.760.110.724         investment properties
     Konversi utang lain-lain menjadi                                                        Conversion of other payable into
        uang muka investasi entitas anak               3.953.700.000       34.749.000.000      advances for investment in subsidiary
     Reklasifikasi properti investasi ke                                                     Reclassification of investment properties to
        aset tetap                                     2.054.674.618                     -     property and equipment
     Penambahan aset tetap melalui                                                           Acquisition of property and equipment through
        utang pembiayaan konsumen                       218.387.487                      -     consumer finance payables
     Penambahan aset tetap melalui                                                           Acquisition of property and equipment through
        modal disetor entitas anak                                 -       22.149.000.000      paid-up capital of subsidiary
                                                                                             Reclassification of inventories to
     Reklasifikasi persediaan ke aset tetap                        -   175.446.645.198         property and equipment
     Penambahan aset tetap melalui                                                           Acquisition of property and equipment through
        uang muka investasi                                        -       10.753.372.345      advances for stock investment




                                                                 - 140 -
Page 442
PT INTILAND DEVELOPMENT Tbk                                                                                                                   PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                            For the Years Ended
31 Desember 2024 dan 2023                                                                                                                          December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                                                                           (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                                                                             Otherwise Stated)


54. Rekonsiliasi Liabilitas Konsolidasian                                                     yang                     54. Reconciliation of Consolidation                                         Liabilities
    Timbul dari Aktivitas Pendanaan                                                                                        Arising from Financing Activities

   Tabel di bawah ini menjelaskan perubahan dalam                                                                             The table below details changes in the Group’s
   liabilitas konsolidasian Grup yang timbul dari                                                                             consolidation liabilities arising from financing
   aktivitas pendanaan, yang meliputi perubahan terkait                                                                       activities, including both cash and non-cash
   kas dan non-kas pada tanggal 31 Desember 2024                                                                              changes as of December 31, 2024 and 2023.
   dan 2023. Liabilitas yang timbul dari aktivitas                                                                            Liabilities arising from financing activities are
   pendanaan adalah aktivitas arus kas, atau arus kas                                                                         those for which cash flows were, or future cash
   masa depan, yang diklasifikasikan dalam laporan                                                                            flows will be, classified in the Group’s
   arus kas konsolidasian Grup sebagai arus kas dari                                                                          consolidated statement of cash flows as cash
   aktivitas pendanaan.                                                                                                       flows from financing activities.

                                                                                                                        Perubahan Non Kas/
                                                                                                                        Non-Cash Changes
                                                                                                                        Pembelian aset tetap
                                                                                                                            melalui utang
                                                                                                                            pembiayaan             Konversi utang
                                                                                                    Amortisasi               konsumen/            lain-lain menjadi
                                                                                                 biaya transaksi/      Acquisition of property          modal/
                                                                    Arus Kas Pendanaan/           Amortization of      and equipment through     Conversion of other
                                            1 Januari 2024/         Financing Cash Flows        transaction costs        consumer finance           payable into       31 Desember 2024/
                                            January 1, 2024                   *)                        **)                   payables             paid-in capital     December 31, 2024

    Utang bank jangka pendek                1.248.879.609.582           (204.862.188.987)          1.538.627.481                         -                        -     1.045.556.048.076   Short-term bank loans
    Utang lain-lain                           120.135.910.183            (26.374.428.287)          3.268.034.884                         -           (3.953.700.000)       93.075.816.780   Other accounts payable
    Pinjaman jangka panjang                 2.983.528.065.883              7.741.632.509        (300.639.009.940)                        -                        -     2.690.630.688.452   Long-term bank loans
    Utang sukuk ijarah                        492.850.604.774           (125.000.000.000)          4.705.602.679                         -                        -       372.556.207.453   Sukuk ijarah payables
    Utang pembiayaan konsumen                     191.867.892               (128.826.910)                      -               218.387.487                        -           281.428.469   Consumer finance payables
    Jumlah liabilitas dari aktivitas                                                                                                                                                        Total liabilitas from
      pendanaan                             4.845.586.058.314           (348.623.811.675)       (291.126.744.896)              218.387.487           (3.953.700.000)    4.202.100.189.230     financing activities

    *)   Arus kas dari utang bank jangka pendek, pinjaman jangka panjang dan utang sukuk ijarah merupakan jumlah bersih dari penerimaan dan pembayaran pinjaman
         dalam laporan arus kas konsolidasian./
         The cash flows from short-term bank loans, long-term bank loans and sukuk ijarah payable represent the net amount of proceeds and payments of borrowings
         in the consolidated statements of cash flows.
    **) Merupakan amortisasi biaya transaksi dan dampak restrukturisasi utang bank./
        Represent the amortization of transaction cost and the impact of bank loan restructuring.


                                                                                                                       Perubahan Non Kas/
                                                                                                                       Non-Cash Changes
                                                                                                                          Konversi utang
                                                                                                                         lain-lain menjadi
                                                                                                                            uang muka              Konversi utang
                                                                                                   Amortisasi             setoran modal/          lain-lain menjadi
                                                                                                biaya transaksi/       Conversion of other              modal/
                                                                   Arus Kas Pendanaan/           Amortization of           payable into          Conversion of other
                                            1 Januari 2023/        Financing Cash Flows        transaction costs           advances for             payable into       31 Desember 2023/
                                            January 1, 2023                  *)                        **)                capital deposit          paid-in capital     December 31, 2023

    Utang bank jangka pendek                1.452.927.803.041           (206.335.822.344)             2.287.628.885                      -                       -      1.248.879.609.582   Short-term bank loans
    Utang lain-lain                           222.894.299.674            (53.432.610.026)             7.572.220.535        (34.749.000.000)        (22.149.000.000)       120.135.910.183   Other accounts payable
    Pinjaman jangka panjang                 2.996.731.771.649              3.295.428.143            (16.499.133.909)                     -                       -      2.983.528.065.883   Long-term bank loans
    Utang sukuk ijarah                        488.408.394.191                          -              4.442.210.583                      -                       -        492.850.604.774   Sukuk ijarah payables
    Utang pembiayaan konsumen                     274.282.918                (82.415.026)                         -                      -                       -            191.867.892   Consumer finance payables
    Jumlah liabilitas dari aktivitas                                                                                                                                                        Total liabilitas from
      pendanaan                             5.161.236.551.473           (256.555.419.253)            (2.197.073.906)       (34.749.000.000)        (22.149.000.000)     4.845.586.058.314     financing activities


    *)   Arus kas dari utang bank jangka pendek, pinjaman jangka panjang dan utang sukuk ijarah merupakan jumlah bersih dari penerimaan dan pembayaran pinjaman
         dalam laporan arus kas konsolidasian./
         The cash flows from short-term bank loans, long-term bank loans and sukuk ijarah payable represent the net amount of proceeds and payments of borrowings
         in the consolidated statements of cash flows.
    **) Merupakan amortisasi biaya transaksi dan dampak restrukturisasi utang bank./
        Represent the amortization of transaction cost and the impact of bank loan restructuring.




                                                                                                         - 141 -
Page 443
PT INTILAND DEVELOPMENT Tbk                                                        PT INTILAND DEVELOPMENT Tbk
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2024 dan 2023                                                               December 31, 2024 and 2023
(Angka-angka Disajikan dalam Rupiah, kecuali                                (Figures are presented in Rupiah, unless
Dinyatakan Lain)                                                                                  Otherwise Stated)


55. Standar Akuntansi Keuangan Baru                              55. New Financial Accounting Standards

   Sejak 1 Januari 2024, perubahan penomoran                        Beginning January 1, 2024, changes in the
   Pernyataan Standar Akuntansi Keuangan (PSAK)                     numbering of the Statements of Financial
   dan Interpretasi Standar Akuntansi Keuangan telah                Accounting Standards (PSAK) and Interpretation
   berlaku efektif.                                                 of Financial Accounting Standards have become
                                                                    effective.

   Perubahan pada PSAK                                              Changes to the PSAK

   Diterapkan pada tahun 2024                                       Adopted during 2024

   Penerapan standar akuntansi keuangan revisi                      The application of the following revised financial
   berikut, yang berlaku efektif 1 Januari 2024, relevan            accounting standards, which are effective from
   bagi Grup namun tidak menyebabkan perubahan                      January 1, 2024 and relevant for the Group, and
   material terhadap jumlah-jumlah yang dilaporkan                  had no material effect on the amounts reported in
   dalam laporan keuangan konsolidasian:                            the consolidated financial statements:

    −   Amendemen PSAK No. 201, “Penyajian                           −    Amendment to PSAK No. 201, “Presentation
        Laporan Keuangan” tentang klasifikasi liabilitas                  of     Financial     Statements”       regarding
        sebagai jangka pendek atau jangka panjang                         classification of liabilities as current or non-
                                                                          current

    −   Amendemen PSAK No. 201, “Penyajian                           −    Amendment to PSAK No. 201, “Presentation
        Laporan Keuangan” terkait liabilitas jangka                       of Financial Statements” regarding non-
        panjang dengan kovenan                                            current liabilities with covenants

    −   Amandemen PSAK No. 116, “Sewa” terkait                       −    Amendment to PSAK No. 116, “Leases”
        liabilitas sewa pada transaksi jual dan sewa-                     regarding lease liabilities in sale-and-lease
        balik; dan                                                        back transactions; and

    −   Amendemen PSAK No. 207, “Laporan Arus                        −    Amendment to PSAK No. 207, “Statement of
        Kas” dan amandemen PSAK No. 107,                                  Cash Flow” and amendment to PSAK No.
        “Instrumen Keuangan” tentang pengaturan                           107,    “Financial    Instrument” regarding
        pembiayaan pemasok                                                supplier financing arrangements

   Telah diterbitkan namun belum berlaku efektif                    Issued but not yet effective

   Amandemen standar akuntansi keuangan yang telah                  Amendments to financial accounting standard
   diterbitkan yang bersifat wajib untuk tahun buku                 issued that are mandatory for the financial year
   yang dimulai pada atau setelah:                                  beginning or after:

   1 Januari 2025                                                   January 1, 2025

    −   Amendemen PSAK No. 221, “Pengaruh                            −    Amendment to PSAK No. 221, “The Effect of
        Perubahan Kurs Valuta Asing” terkait kondisi                      Changes in Foreign Exchange Rates”
        ketika suatu mata uang tidak tertukarkan                          regarding to conditions when a currency is
                                                                          not exchangeable

   Sampai dengan tanggal penerbitan laporan                         As at the date of authorization of these
   keuangan konsolidasian, Grup masih mempelajari                   consolidated financial statements, the Group is
   dampak yang mungkin timbul dari penerapan                        still evaluating the potential impact of the above
   amandemen PSAK tersebut dan dampak dari                          amendment to PSAK and has not yet determined
   penerapan amandemen PSAK tersebut pada                           the related effects on the consolidated financial
   laporan keuangan konsolidasian belum dapat                       statements.
   ditentukan.

                                                       *******


                                                       - 142 -

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Names mentioned 273 people and organisations named in the text · linked when the evidence is strong

linked org Intiland Development Tbk p.3 ×251
linked org Pemerintah Kabupaten p.20
linked person Sinarto Dharmawan · President Commissioner p.24 ×22
linked person Hendro S. Gondokusumo · Direktur p.24 ×24
linked person Utama Gondokusumo p.31 ×18
linked org Bank Central Asia Tbk. p.49 ×4
linked person Thio Gwan Po Micky · Commissioner p.58 ×18
linked person Fransiscus Alip · Member p.58 ×2
linked person Jahja Asikin · Commissioner p.58 ×15
linked person Atik Susanto · Anggota / Member p.58 ×2
linked person Suhendro Prabowo · President Director p.58 ×22
linked org PT Pembangunan Jaya Ancol p.70
linked org Citra Borneo Utama Tbk p.70 ×5
linked org Bayu Buana Tbk p.71
linked org PT BNI Sekuritas p.74
linked org PT Duta Intidaya p.74
linked org PT Bina Yatra Sentosa p.80 ×3
linked person Drs. Lo Kheng Hong p.80
linked org Dana Pensiun p.83
linked org PT CGS International p.84 ×2
linked org PT Sinar Cemerlang p.85 ×2
possible org Otoritas Jasa Keuangan p.5 ×8
possible person Hendro p.31 ×2
possible person Tjahjono · Wakil Direktur Utama p.37 ×2
possible org Bursa Efek Indonesia p.43 ×2
possible — Morgan Stanley p.44 ×2
possible org Pertimbangan p.61
possible org Negara Republik Indonesia p.70
possible org Graha Intan Mandiri p.84
possible person Gatot Subroto p.87
unresolved person Independensi · Komisaris Independen p.2 ×2
unresolved org PT Intiland Develop- p.6 ×10
unresolved org PT Intiland p.6 ×16
unresolved org Development Tbk p.6 ×19
unresolved org Kota Nusantara. p.11 ×4
unresolved org Saltware Co. Ltd. p.18 ×2
unresolved person Moed-tur Utama Perseroan Bapak Moedjianto p.19
unresolved person Ping Soesilo Tjahjono p.19
unresolved person Handayani Hanli. The AGM · Direktur Perseroan p.19
unresolved org Bank Maspion Berkolaborasi Gelar p.20
unresolved org Bank Maspion Collaborate p.20
unresolved org Yayasan Intiland p.20
unresolved org Bank Mas-Bank Maspion p.20
unresolved org Bank Maspion p.21 ×2
unresolved org Kota Nusan- p.27
unresolved org Financial Services Authority p.28 ×5
unresolved person Hen-Santoso Gondokusumo p.31
unresolved person Hendro Santoso Gondokusumo · President Director p.31 ×6
unresolved org Bank Indonesia p.34 ×3
unresolved org Bank Indonesia. OECD p.34
unresolved org Minister of Finance Regulation p.34
unresolved person Joko Widodo p.35 ×4
unresolved person Moedjianto p.37
unresolved person Moedjianto Soesilo Soesilo Tjahjono p.37
unresolved person Moedjianto S. Tjahjono p.38
unresolved person Novita p.38
unresolved person Plt · Direktur Utama p.39
unresolved org Minister of Justice p.42
unresolved person Theresia Rustandi · Corporate Secretary p.42
unresolved org PT Wisma Dharmala Sakti p.43 ×4
unresolved org Bank Indonesia Bogasari Residence p.43
unresolved org Bank Indonesia Housing. Langkah p.43
unresolved org Dharmala Intiland Tbk p.43 ×17
unresolved org Indonesia Stock Exchange p.43 ×2
unresolved org Majalah Asia Inc. p.43
unresolved org Asia Inc. p.43
unresolved org PT Inti-bertransformasi p.44
unresolved org Minister of Justice Number W p.44
unresolved org Menteri Kehakiman Nomor W p.44
unresolved org PT Intiland Develop-The p.47
unresolved org PT Intiwhiz International. p.47 ×2
unresolved org PT Intiland Infinita p.48 ×2
unresolved org PT Intiland Infini-ta p.48
unresolved org PT In-Alfa Rendita p.48
unresolved org PT Inti Algoritma Perdana p.48 ×2
unresolved org PT Inti Algorithm Perdana p.48
unresolved org Reco Kris Pte Ltd p.49 ×2
unresolved org Bank Negara Indo-Indonesia (Persero) Tbk p.49 ×2
unresolved org PT Menara Pram-banan p.49
unresolved org PT Menara Prambanan p.49
unresolved org Reco Kris Private Limited. Kris Private Limited p.49
unresolved org PT Segajung p.50 ×2
unresolved org PT Jateng Industri In- p.50
unresolved org PT Jateng Industri Intiland. p.50 ×2
unresolved org PT Inti Mitbana Development. p.51 ×2
unresolved person Bap- p.51
unresolved person Dr. Sofyan A. Djalil Vice p.58
unresolved person Permadi Indra Yoga · Director p.58 ×3
unresolved person Gondokusumo · President Director p.58 ×7
unresolved person Archied Noto Pradono · Director p.58 ×3
unresolved org PT Dharmala In- p.60
unresolved org PT Dharmala p.60 ×6
unresolved person Gondoku- p.61 ×2
unresolved org PT In- p.62 ×3
unresolved org PT Cempaka p.62 ×2
unresolved org PT Dharmasatrya p.62
unresolved org PT Cempaka Dharma- p.62
unresolved org PT Pilar Mandiri Bakti p.62 ×2
unresolved org PT Bangun- p.62
unresolved org PT Ban-jaya Mandirisakti p.62
unresolved org PT Pilar Man- p.62
unresolved org PT Intiland Develop-Tbk p.63 ×2
unresolved org PT Graha Adikarsa p.63 ×3
unresolved person Hendro S. Gondo- p.63 ×2
unresolved org PT Sakura Sekuritas p.64 ×2
unresolved org Inti-Development Tbk p.65 ×4
unresolved org PT Intiland Devel-Tbk p.65
unresolved org Senior Vice President Panalpina World Transport Pte. Ltd. p.65
unresolved org World Transport Pte. Ltd. p.65
unresolved org Project Manager Coverage Inc p.65 ×2
unresolved org Industrial Engineer Caliber Lo-tics Inc p.65
unresolved org PT Sinar Puspa p.66
unresolved org PT Sinar Pus-Persada p.66
unresolved org PT Dharmala Inti-Tbk p.66
unresolved org PT Intiland Devel- p.67 ×3
unresolved org PT Intiland De- p.67 ×2
unresolved org PT Colliers Jardine Indonesia p.67
unresolved org PT Colliers Jardine Indonesia Dasar p.67
unresolved org PT Putra Sinar Per- p.67
unresolved org PT Putra Sinar p.67
unresolved org PT Raharja Mitra Fa- p.67
unresolved org PT Raharja Mitra p.67 ×2
unresolved org PT Intiland Grande p.68 ×4
unresolved org PT Dhar- p.68
unresolved org Dhar-mala Intiland Tbk p.68 ×2
unresolved org PT Dharmala Land p.68 ×5
unresolved org PT Dhar-Land p.68
unresolved org PT Way Halim Permai p.68
unresolved org Menteri Agraria dan Tata Ruang p.69
unresolved org Minister of Agrarian Affairs p.69
unresolved org Pertanahan Nasional Republik p.69
unresolved org Menteri Perencanaan Pemban- p.69
unresolved org Minister of National Develop-gunan Nasional p.69
unresolved org Perencanaan p.69
unresolved org Menteri Koordinator Bidang p.69
unresolved org Menteri Badan Usaha Milik Ne- p.69
unresolved org Minister of State-Owned Enter-gara Republik Indonesia p.69
unresolved org Menteri Komunikasi dan Infor- p.70
unresolved org Minister of Communication p.70
unresolved org Menteri Badan Usaha Mi- p.70
unresolved org PT Indika Nature p.70 ×2
unresolved org PT Pembangu-Tbk p.70
unresolved org Jaya Ancol Tbk p.70
unresolved org PT Pintar Group p.70 ×2
unresolved org Aneka Kimia Raya Tbk p.70 ×4
unresolved org PT Nila Kandi p.71 ×2
unresolved org PT Asuransi Kerugian Bina Dharma Arta p.71
unresolved org PT Bayu p.71
unresolved org Buana Tbk p.71 ×2
unresolved org PT Nexus p.71
unresolved org PT Nexus Utama p.71
unresolved org PT Satria Saka p.71
unresolved org PT Satria Perkasa p.71
unresolved org PT Satria Saka Pratama p.71
unresolved org PT Satria Saka Pratama Pernyataan Indepen- p.71
unresolved org Intiland De-ment Tbk p.72 ×2
unresolved org Corporate Financial Controller Dharmala Intiland Tbk p.72
unresolved org PT Wicaksana p.72
unresolved org PT Wicaksana Overseas Import p.72
unresolved org PT Bank Central p.73
unresolved org PT Bank Cen-Asia p.73
unresolved org PT Provident Inves- p.74
unresolved org Provi-tasi Bersama Tbk p.74 ×2
unresolved org Investasi Bersama Tbk p.74
unresolved org PT Cisarua Moun- p.74
unresolved org PT Cisarua p.74
unresolved org Dairy Tbk p.74
unresolved org Mountain Dairy Tbk p.74
unresolved org PT Medikaloka Her- p.74
unresolved org Medika-mina Tbk p.74 ×2
unresolved org Hermina Tbk p.74
unresolved org PT Duta Inti-Tbk p.74
unresolved org PT NBP Kapital p.74
unresolved org PT NBP Kapital Partners p.74
unresolved org Tanubrata Sutanto p.74
unresolved org Partner KAP Tanubrata Sutanto Fahmi & Rekan p.74
unresolved org Tanubrata Sutanto Fahmi p.74
unresolved org Fahmi & Rekan p.74
unresolved org PT Bersama Nusantara p.75
unresolved org PT Mitra Ananda p.75
unresolved org PT Mitra Megadistrindo p.75
unresolved org PT Kiat Ananda p.75
unresolved org PT Kiat Cold Storage p.75
unresolved org PT Manggala Kiat p.75
unresolved org PT Manggala Ananda p.75
unresolved org PT Ananda Solusin- p.75
unresolved org PT Ananda p.75
unresolved org PT Asahimas p.75
unresolved org Asa-Flat Glass Tbk p.75 ×2
unresolved org Flat Glass Tbk p.75
unresolved org PT BFI Finance p.75
unresolved org BFI Fi-Indonesia Tbk p.75 ×2
unresolved org Indonesia Tbk p.75
unresolved org Paul Hadi- p.75
unresolved org Paul p.75
unresolved org PKF International Limited p.75 ×2
unresolved person Dr. Sofyan A. Djalil Perry Yoranouw Friso Palilingan · Komisaris Independen p.76 ×64
unresolved person Friso p.76
unresolved person Moedjianto Soesilo Tjah- p.77
unresolved person Moedjianto Soesilo Tjahjono · Wakil Direktur Utama p.77 ×16
unresolved person Ping Handayani Hanli Ibu Ping Handayani Hanli · Direktur p.77 ×77
unresolved person Ping p.77
unresolved org Total Shares CGS International Securities Singapore Pte Ltd p.80
unresolved org Pte Ltd p.80 ×2
unresolved — Talaga Bestari p.80
unresolved person Vice · Wakil Direktur Utama p.81 ×12
unresolved — *) Meninggal dunia pada 13 Maret 2025 p.81 ×2
unresolved — RUPST pada 30 Mei 2024. p.81 ×2
unresolved org PT Graha Intan Mandiri Sekuritas Indonesia p.84
unresolved org Singapore Pte Ltd p.84
unresolved org PT Intiland Esperto p.85
unresolved org PT Inti Gria Persada p.85
unresolved org PT Intiland Alfa Rendita p.85
unresolved org PT Mutiara Raga Indah p.85
unresolved org PT Inti Gria Perdana p.85
unresolved org PT Primasentosa p.85
unresolved org PT Intisarana Ekaraya p.85
unresolved org PT Inti Gria Perkasa p.85
unresolved org PT Grande Imperial p.85
unresolved org PT Grande Family View p.85
unresolved org PT Sinar Puspapersada p.85
unresolved org PT Inti Gria Perwira p.85
unresolved org PT Melati Anugrah p.85
unresolved org PT Kinerja Lancar Serasi p.85
unresolved org PT Abadi Citra Lestari p.85
unresolved org PT Inti Gria Palamarta p.85
unresolved org PT Purisentosa Unggul p.85
unresolved org PT Adiwarna Harapan p.85
unresolved org PT Melati Impian Bangsa p.85
unresolved org PT Putra Sinar Permaja p.85
unresolved org PT Inti Gria Pramudya p.85
unresolved org PT Vida Irvetta Peninsula p.85
unresolved org PT Melati Wahana p.85
unresolved org PT Gandaria Permai p.85
unresolved org PT Gandaria Prima p.85
unresolved org PT Selasih Safar p.85
unresolved org PT Intiland Sejahtera p.85
unresolved org PT Kawasan Jombang p.85
unresolved org PT Gandaria Mulia p.85
unresolved org PT Mahkota Kemayoran p.85
unresolved org PT Graha Inti Boga p.85
unresolved org PT Kawasan Ploso p.85
unresolved org PT Gandaria Sakti p.85
unresolved org Kerjasama Mutiara p.85
unresolved org Kerjasama Intiland p.85
unresolved org PT Inti Mitbana Indah p.85
unresolved org PT Buana Bejana p.85
unresolved org PT Perkasalestari Utama p.85
unresolved org PT Perkasalestari Permai p.85
unresolved org PT Puri Pariwara p.85
unresolved org PT Wirasejati Binapersada p.85
unresolved org PT Graha Abdael Sukses p.85
unresolved person KH Syafei Hadzami p.86
unresolved org Kerjasama Mutiara Buana p.87
unresolved org PT Adiwarna Harapan Nusantara p.88
unresolved org Kerjasama Intiland Starlight p.89
unresolved org Mirawati p.92
unresolved org Mirawati Sensi Idris p.92 ×2
unresolved org Moore Global Network Limited p.92
unresolved person Ahmad Syakir · Akuntan Publik p.92
unresolved person PSAK Series · Komisaris p.96
unresolved person Pemodelan · Komisaris p.96
unresolved person Stratejik Bidang · Commissioner p.96
unresolved person PPL Pendamping PPL Wajib Akuntan Publik PPPK · Komisaris p.96 ×2
unresolved person CPE Mandatory · Commissioner p.96
unresolved person Novita Anggriani B Accepting · Direktur p.213 ×23
unresolved person Lennard Ho Kian Guan · President Commissioner p.216 ×2
unresolved org PT Intiland Develop-ment Tbk’s p.217
unresolved org Intiland Develop-ment Tbk p.217
unresolved person Doktor Sofyan A. Djalil · Wakil Komisaris Utama p.218 ×3
unresolved person Novita Anggraini B p.225

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