Skip to content
Back to announcement

AnnualReport2024-DUTI-att2.pdf

Other Text extracted DUTI

Source file signed link, expires in 15 minutes

This browser can't display the PDF inline. Open it in a new tab.

Extracted text 357

Page 1
                  STAGING THE FUTURE




2024
LAPORAN TAHUNAN
ANNUAL REPORT
Page 2
       Pendahuluan




    KINERJA UTAMA 2024
    2024 Key Performance
    [ACGS C.2.2]




    KINERJA KEUANGAN
    Financial Performance
                                                                              Dalam miliar Rupiah, kecuali dinyatakan lain
                                                                                   In billion IDR, unless stated otherwise


             Pendapatan Usaha                                   Laba Bersih
             Revenues                                           Net Profit


                                                                          42,66%            -20,13%


                                              14,51%

                            28,02%
                                                       4.423
                                     3.862




                                                                                    1.066
                   3.017




                                                                                                      852
                                                                  748




              2022               2023             2024          2022               2023          2024




             Jumlah Aset                                        Jumlah Liabilitas
             Total Assets                                       Total Liabilities

                            -2,92%
                                              -5,08%




                                                                          -21,23%
                                                                                            -32,04%
                   15.586




                                                       14.362




                                                                  4.660
                                     15.131




                                                                                                      2.495
                                                                                    3.671




              2022               2023             2024          2022               2023          2024




2           LAPORAN TAHUNAN 2024
Page 3
Introduction                                                              PT Duta Pertiwi Tbk



        Jumlah Ekuitas                                 Laba per Saham Dasar (dalam Rp penuh)
        Total Equity                                   Basic Earnings per Share (in full IDR)




                                    3,55%
                   4,89%

                                                                42,66%           -20,12%
          10.926




                                            11.868
                           11.461




                                                        404




                                                                                          460
                                                                         576
         2022           2023             2024          2022              2023            2024




        Kas dan Setara Kas                             Tanah yang Belum Dikembangkan
        Cash and Cash Equivalents                      Land for Development




                                                                                 1,92%
                                                                -1,27%

                   -17,78%

                                    -12,18%                                               4.644
          3.497




                           2.876




                                                        4.616




                                                                         4.557
                                            2.525




         2022           2023             2024          2022              2023            2024




                                     Kinerja                                     48,18%
                                     Prapenjualan
                                                                -20,73%
                                     Marketing Sales
                                     Performance
                                     [ACGS C.2.3]
                                                                                          2.488
                                                                         1.679
                                                        2.118




                                                       2022              2023            2024




                                                                         2024 ANNUAL REPORT       3
Page 4
      Pendahuluan




                        STAGING THE FUTURE


                        2024




Masa depan yang baik berawal dari perencanaan               A promising future begins with strategic planning
yang teliti dan dengan visi untuk kebaikan bersama.         and a vision centered on collective welfare. We
Kami berkomitmen untuk melakukan berbagai                   are dedicated to a diverse array of initiatives
inisiatif, baik dari sisi produk dan jasa, pasar, sinergi   encompassing our products and services, market
dan kolaborasi, serta dampak bagi sekitarnya.               engagement, synergies, collaborations and our
                                                            commitment to environmental sustainability.

Tahun 2024, Perusahaan makin jelas menatap masa             By 2024, the Company is poised to embrace the
depan ini dengan melakukan ekspansi proyek yang             future through the expansion of existing projects
sedang berjalan dan peluncuran beberapa proyek              and the initiation of new projects. This vision
baru. Masa depan ini bukan milik Perusahaan                 extends beyond the Company itself, as several
semata, karena beberapa proyek kami telah dilalui           of our projects utilize shared infrastructure that
oleh infrastruktur bersama yang meningkatkan                adds value for both residents and neighboring
nilai bagi penghuni serta masyarakat sekitar.               communities.

Kami akan terus mengupayakan masa depan                     We are committed to pursuing a sustainable
berkelanjutan bagi semua orang tanpa terkecuali,            future for all individuals, without exception and
dan    kami    mengajak   seluruh   pemangku                we invite all stakeholders to collaborate in shaping
kepentingan untuk bersama-sama menata masa                  that vision.
depan tersebut.




 4        LAPORAN TAHUNAN 2024
Page 5
Introduction                                                              PT Duta Pertiwi Tbk




2     MENUJU KEMAJUAN
      Towards Progress



0     Perusahaan terus melangkah maju,
      mengembangkan            kapabilitas
      kapasitas dengan lebih cepat dan
                                              dan
                                                    The Company keeps moving toward
                                                    progress, enhancing its capabilities and
                                                    capacities at a faster pace while aiming



2
      mencatat kinerja yang lebih baik ke           for even better performance in the future.
      depannya. Merefleksikan pengalaman            Reflecting on our experiences, we realize
      ke belakang, kami meyakini bahwa              that striving for improvement cannot
      perjalanan yang berkelanjutan untuk           be achieved alone. Embracing synergy,



3
      menjadi lebih baik tak mungkin dilalui        collaboration and a spirit of togetherness
      sendirian. Sinergi, kolaborasi dan semangat   filled with integrity will serve as an
      kebersamaan yang dipenuhi dengan              advantage as we move forward.
      integritas, akan menjadi keunggulan bagi
      kami dalam melangkah maju.




                                 BERGERAK MELAMPAUI TANTANGAN DAN
                                MENANGKAP KESEMPATAN UNTUK TUMBUH                                2
                                                                                                 0
                                                        Steering Through Challenges and
                                                                    Growth Opportunities

      Perusahaan     terus    mengembangkan         The Company is committed to enhancing



                                                                                                 2
      kapabilitas yang memungkinkan gerak           its capabilities for agile responses to
      dinamis untuk melampaui beragam               the challenges that lie ahead, ensuring
      tantangan di depan dan terus tumbuh           growth alongside our stakeholders.
      bersama para pemangku kepentingan             This drive for growth has led to the



                                                                                                 2
      kami. Tekad untuk tumbuh telah                transformation of our projects, making
      mendorong       transformasi   beberapa       them more modern, dynamic and
      proyek kami sehingga menjadi lebih            vibrant, while fostering harmony with
      modern, dinamis, lebih segar dan menuju       nature.
      keharmonisan dengan alam.


                                                                         2024 ANNUAL REPORT      5
Page 6
        Pendahuluan




DAFTAR ISI                         32                                       83    Informasi Pencatatan
                                                                                  Efek Lainnya
                                                                                  Information on Other
Table of Contents                  PROFIL PERUSAHAAN                              Securities Listing
                                   Company Profile                          84    Akuntan Publik
                                                                                  Public Accountant
                                     34   Informasi Perusahaan
                                          Company Information               85    Lembaga dan/atau
                                                                                  Profesi Penunjang
PENDAHULUAN                          35   Riwayat Singkat                         Pasar Modal
Introduction                              Perusahaan                              selain AP dan KAP
                                          Brief History of the                    Capital Market Supporting
                                          Company                                 Institutions and/or
  2    Kinerja Utama 2024                                                         Professions other than
       2024 Key Performance          36   Tentang Perusahaan                      AP and KAP
                                          About the Company
  4    Menata Masa Depan                                                    86    Jejak Langkah
       Staging the Future            38   Visi, Misi dan Nilai-nilai              Milestones
                                          Kami
  5    Kesinambungan Tema                 Our Vision, Mission and Values    90    Peristiwa Penting
       Theme Continuity                                                           Event Highlights
                                     40   Bisnis Kami
  6    Daftar Isi                         Our Business                      93    Penghargaan
       Table of Contents                                                          Awards
                                     40      Kegiatan Usaha
  8    Tentang Laporan                       Business Activities
       About the Report

  9    Glosarium
                                     41      Wilayah Operasional
                                             Operational Area              94
       Glossary
                                     42      Produk-produk
                                             Perusahaan                    ANALISA DAN
                                             Company Products
                                                                           PEMBAHASAN
                                     51   Struktur Organisasi              MANAJEMEN
10
                                          Organizational Structure
                                                                           Management Discussion
                                     52   Keanggotaan Asosiasi             and Analysis
                                          Association Membership
IKHTISAR KINERJA 2024
2024 Performance Highlights          53   Profil Direksi                    96    Analisa Operasi
                                          Profile of the Directors                Per Segmen Usaha
                                                                                  Operational Analysis
                                     58   Profil Dewan Komisaris                  of Business Segments
  12   Ikhtisar Keuangan                  Profile of the Board
       Financial Highlights               of Commissioners                  103   Analisis Keuangan
                                                                                  Financial Analysis
  14   Ikhtisar Saham                65   Sumber Daya Manusia
       Stock Highlights                   Human Capital
                                                                            119   Kemampuan
                                     73   Informasi Pemegang                      Membayar Utang dan
                                          Saham                                   Kolektabilitas Piutang
                                          Information of the                      Solvability and Receivables
                                          Shareholders                            Collectability
                                                                            119   Struktur Modal
16
                                     77   Struktur Kelompok
                                          Usaha Perusahaan                        Capital Structure
                                          Company’s Business
                                          Group Structure                   120   Ikatan Material dan
LAPORAN                                                                           Realisasi Investasi
                                     78   Daftar Entitas Anak,                    Barang Modal
KEPADA                                    Entitas Asosiasi dan/                   Material Commitments
                                          atau Ventura Bersama
PEMANGKU                                  List of the Subsidiaries,
                                                                                  and Actual Investment for
                                                                                  Capital Goods
KEPENTINGAN                               the Associates and/or
                                          the Joint Ventures                120   Informasi dan Fakta
Report to Stakeholders
                                     81   Daftar Alamat                           Material Setelah
                                          Perusahaan dan Entitas                  Tanggal Laporan
  18   Laporan Direksi                                                            Akuntan
       Report of the Directors
                                          Anak
                                          Addresses of the Company                Material Information and
                                          and Subsidiaries                        Facts Subsequent to the
  26   Laporan Dewan                                                              Accountant’s Report Date
       Komisaris                     83   Informasi Pencatatan
       Report of the Board                Saham                             121   Prospek Usaha
       of Commissioners                   Information on Stock Listing            Perusahaan
                                                                                  Business Prospects
                                                                                  of the Company


   6        LAPORAN TAHUNAN 2024
Page 7
  Introduction                                                            PT Duta Pertiwi Tbk




 121   Perbandingan Target
       dan Realisasi Tahun
                                      158   Nominasi dan
                                            Remunerasi Direksi dan        214
       2024                                 Dewan Komisaris
       2024 Comparison of Target            Nomination and                TANGGUNG
       and Realization                      Remuneration of the
                                            Directors and the Board of    JAWAB SOSIAL
 122   Proyeksi 2025                        Commissioners
       2025 Projections                                                   DAN LINGKUNGAN
                                      161   Komite Audit                  Social and Environmental
 123   Promosi dan                          Audit Committee
                                                                          Responsibility
       Pemasaran
       Promotion and Marketing        168   Komite Nominasi
                                            dan Remunerasi
 124   Dividen                              Nomination and
       Dividend                             Remuneration Committee

 125   Realisasi Dana Hasil           171   Komite Lain dan Dewan
       Penawaran Umum                       Pengawas Syariah
       Actual Use of Public                 Other Committee and            217   Surat Pernyataan
       Offering Proceeds                    Sharia Supervisory Board             Anggota Dewan
                                      172   Sekretaris Perusahaan                Komisaris dan Direksi
 125   Informasi Material                                                        tentang Tanggung
       Material Information                 Corporate Secretary
                                                                                 Jawab atas Laporan
                                      176   Unit Audit Internal                  Tahunan Tahun Buku
 127   Perubahan Peraturan                  Internal Audit Unit                  2024
       Perundang-undangan                                                        PT Duta Pertiwi Tbk
       Changes in Legislations        182   Sistem Pengendalian                  The Board of
                                            Internal                             Commissioners’ and
 127   Perubahan Kebijakan                  Internal Control System              Directors’ Statement of
       Akuntansi dan                                                             Responsibilities for the
       Pelaporan Keuangan             183   Unit Manajemen Risiko                2024 Annual Report of
       Changes in Accounting and            dan Keberlanjutan                    PT Duta Pertiwi Tbk
       Financial Reporting Policies         Risk Management and
                                            Sustainability Unit            218   Referensi Surat
                                                                                 Edaran OJK No.16/
                                      189   Sistem Manajemen                     SEOJK.04/2021 & ASEAN
                                            Risiko                               Corporate Governance
                                            Risk Management System               Scorecard
                                                                                 Reference to OJK Circular
                                      193   Perkara Hukum                        Letter No.16/SEOJK.04/2021
                                            Penting                              & ASEAN Corporate
                                            Substantial Legal Cases              Governance Scorecard
                                      195   Informasi tentang
                                            Sanksi Administratif          240 Laporan Keuangan
                                            Information about                    Financial Statements


128
                                            Administrative Sanctions

                                      196   Pedoman Etika
                                            Berperilaku
GOVERNANSI                                  Code of Conduct

PERUSAHAAN                            199   Kebijakan Pemberian
                                            Kompensasi Jangka
Corporate Governance                        Panjang
                                            Long-Term Benefit Policy
 130   Landasan dan Prinsip
       Governansi Perusahaan          199   Kebijakan
       Foundation and Principles            Pengungkapan
       of Corporate Governance              Informasi
                                            Disclosure Requirement
                                            Policy
 132   Struktur Governansi
       Perusahaan
       Corporate Governance
                                      202   Sistem Pelaporan
       Structure
                                            Pelanggaran (WBS)
                                            Whistleblowing System (WBS)

 133   Rapat Umum Pemegang            205   Kebijakan Anti Korupsi
       Saham (RUPS)                         Anti-Corruption Policy
       General Meeting
       of Shareholders (GMS)
                                      207   Penerapan atas
                                            Pedoman Tata Kelola              Pindai di sini untuk mengakses
 141   Direksi
       Directors                            Perusahaan                     Laporan Tahunan 2024 secara daring
                                            Implementation of                   Scan here to online access
 150   Dewan Komisaris                      Corporate Governance                  of Annual Report 2024
       Board of Commissioners               Guidelines




                                                                          2024 ANNUAL REPORT                7
Page 8
      Pendahuluan




    TENTANG LAPORAN
    About the Report

    KESESUAIAN KERANGKA PELAPORAN
    Alignment to the Reporting Framework


    Laporan ini mengacu ke SEOJK No.16/                    This report refers to SEOJK No.16/SEOJK.04/2021
    SEOJK.04/2021 tentang Bentuk dan Isi Laporan           concerning the Form and Content of Annual
    Tahunan Emiten atau Perusahaan Publik, ASEAN           Reports of Issuers or Publicly Listed Companies,
    Corporate Governance Scorecard (ACGS) dan              the ASEAN Corporate Governance Scorecard
    Pedoman Umum Governansi Korporat Indonesia             (ACGS) and General Guidelines on Indonesian
    (PUG-KI). Referensi akan hal ini dapat ditemukan       Corporate Governance (PUG-KI). References to
    pada bagian-bagian yang relevan serta indeks           this can be found in the relevant sections as well
    referensi.                                             as the reference index.



    SANGGAHAN DAN BATASAN TANGGUNG JAWAB
    Disclaimer and Limitation of Liabilities


    Laporan Tahunan ini mencakup pernyataan-               This Annual Report includes “forward-looking”
    pernyataan “pandangan ke depan” (forward               statements,    including    results   from    the
    looking), termasuk hasil dari kondisi keuangan,        Company’s financial condition, operations,
    operasi, proyeksi, rencana, strategi, kebijakan dan    projections, plans, strategies, policies and
    tujuan Perusahaan. Pernyataan “pandangan ke            Company objectives. These ‘forward-looking”
    depan” ini memiliki risiko yang terbaca dan tidak      statements are subject to known and unknown
    terbaca, ketidakpastian, perubahan kondisi ekonomi     risks, uncertainties, changes in national or
    dan politik nasional atau regional, perubahan harga,   regional economic and political conditions,
    perubahan penawaran dan permintaan di pasar,           changes in the prices and supply and demand
    perubahan nilai tukar mata uang asing, perubahan       in the market, changes in foreign exchange
    peraturan perundang-undangan atau peraturan            rates, changes in legislation or regulations and
    dan prinsip, kebijakan dan pedoman akuntansi,          accounting principles, policies and guidelines,
    perubahan asumsi yang digunakan dalam                  changes in the assumptions used in making
    membuat pernyataan “pandangan ke depan” dan            such “forward-looking” statements and other
    faktor lain yang dapat menyebabkan hasil aktual        factors that could cause actual results to differ
    berbeda dari hasil yang diharapkan.                    from expected results.

    Selanjutnya Laporan Tahunan ini menyebut               This Annual Report contains the word “Company”
    “Perusahaan” untuk mengacu kepada PT Duta              hereinafter referred to PT Duta Pertiwi Tbk, as
    Pertiwi Tbk, sebagai Perusahaan yang menjalankan       the Company that runs business in real estate.
    bisnis di bidang real estat. Kata “kami” kadang-       The word “we” is at times used in a comparable
    kadang digunakan dengan cara yang sama untuk           manner to simply refer to Company in general.
    mengacu kepada Perusahaan.

    Laporan Tahunan ini dibuat dalam Bahasa                This Annual Report is made in Indonesian and
    Indonesia dan Bahasa Inggris, yang mana                English and the translation of Indonesian into
    terjemahan teks Bahasa Indonesia ke dalam              English is an unofficial translation. In the event
    Bahasa Inggris merupakan unofficial translation.       of a discrepancy between the English and
    Dalam hal terdapat ketidaksesuaian antara teks         Indonesian texts, readers of the Annual Report
    Bahasa Inggris dan Bahasa Indonesia, mohon             may refer to the Indonesian texts.
    pembaca Laporan Tahunan ini dapat mengacu
    ke teks Bahasa Indonesia.


8         LAPORAN TAHUNAN 2024
Page 9
  Introduction                                                                           PT Duta Pertiwi Tbk




GLOSARIUM
Glossary

 SINGKATAN       BAHASA INDONESIA                                       BAHASA INGGRIS
 ABBREVIATION    INDONESIAN                                             ENGLISH
                 ASEAN Corporate Governance Scorecard, revisi Oktober   ASEAN Corporate Governance Scorecard, revised
 ACGS
                 2023, versi 2 Maret 2024                               October 2023, version March 2nd, 2024
 AD
                 Anggaran Dasar                                         Articles of Association
 AoA
 AGMS            Rapat Umum Pemegang Saham Tahunan                      Annual General Meeting of Shareholders
 AP              Akuntan Publik                                         Public Accountant
 BAE             Biro Administrasi Efek PT Sinartama Gunita             PT Sinartama Gunita Share Registrar
 BEI             Bursa Efek Indonesia                                   Indonesia Stock Exchange
 BI              Bank Indonesia                                         Central Bank of Indonesia
 BKPM            Badan Koordinasi Penanaman Modal                       Capital Investment Coordinating Board
 BOC             Dewan Komisaris                                        The Board of Commissioners
 Company         PT Duta Pertiwi Tbk
 DPS             Daftar Pemegang Saham                                  List of Shareholders
 DUTI            Kode Saham untuk PT Duta Pertiwi Tbk                   Stock Code for PT Duta Pertiwi Tbk
 EGMS            Rapat Umum Pemegang Saham Luar Biasa                   Extraordinary General Meeting of Shareholders
 ERM             Manajemen Risiko Perusahaan                            Enterprise Risk Management
 ESG             Lingkungan, Sosial dan Tata Kelola                     Environment, Social and Governance
 GMS             Rapat Umum Pemegang Saham                              General Meeting of Shareholders
 IDR             Rupiah                                                 Indonesian Rupiah
 IHSG            Indeks Harga Saham Gabungan                            Jakarta Composite Index
 ITC             International Trade Center                             International Trade Center
 KAP             Kantor Akuntan Publik                                  Public Accounting Firm
 KPA             Kredit Pemilikan Apartemen                             Apartment Ownership Loan
 KPR             Kredit Pemilikan Rumah                                 Home Ownership Loan
 MARI            Mahkamah Agung Republik Indonesia                      Supreme Court of the Republic of Indonesia
 NRC             Komite Nominasi dan Remunerasi                         Nomination and Remuneration Committee
 OJK             Otoritas Jasa Keuangan                                 Financial Services Authority
 Perusahaan      PT Duta Pertiwi Tbk
 POJK            Peraturan Otoritas Jasa Keuangan                       Financial Services Authority Regulations
 PPN             Pajak Pertambahan Nilai                                Value Added Tax
 PPNDTP          Pajak Pertambahan Nilai Ditanggung Pemerintah          Value Added Tax Borne by the Government
 PT              Perseroan Terbatas                                     Limited Liability Company
                                                                        2021 General Guidelines on Indonesian Corporate
 PUG-KI          Pedoman Umum Governansi Korporat Indonesia 2021
                                                                        Governance
 RI              Republik Indonesia                                     The Republic of Indonesia
 RUPS            Rapat Umum Pemegang Saham                              General Meeting of Shareholders
 RUPSLB          Rapat Umum Pemegang Saham Luar Biasa                   Extraordinary General Meeting of Shareholders
 RUPST           Rapat Umum Pemegang Saham Tahunan                      Annual General Meeting of Shareholders
 Tbk             [Perusahaan] Terbuka                                   Public [Company]
 UU              Undang-undang                                          Regulations
 UUPT            Undang-undang Perseroan Terbatas                       Limited Liability Company Act
 WBS             Sistem Pelaporan Pelanggaran                           Whistleblowing System




                                                                                        2024 ANNUAL REPORT                9
Page 10
01




IKHTISAR
KINERJA 2024
2024 PERFORMANCE HIGHLIGHTS
Page 11
2024 LAPORAN TAHUNAN | ANNUAL REPORT       PT DUTA PERTIWI TBK




         Artist’s
      Impression    Yara at The Kaia • Grand Wisata • Bekasi
Page 12
       Ikhtisar Kinerja 2024




 IKHTISAR KEUANGAN
 Financial Highlights
 [SEOJK 2.a] [ACGS C.2.2]



 LAPORAN POSISI KEUANGAN KONSOLIDASIAN
 Consolidated Statements of Financial Position

     Uraian                                Description                                      2024              2023             2022

     ASET                                  ASSETS

     Aset Lancar                           Current Assets                               6.697.227        7.632.828        8.165.460
      Kas dan setara kas                     Cash and Cash Equivalents                  2.525.243         2.875.636        3.497.490
      Piutang Usaha                          Trade Account Receivables                     78.563            45.124          20.840
      Investasi jangka pendek                Short-term investments                       240.431          277.638           312.107
      Persediaan                             Inventories                                 3.358.168        4.025.717        3.858.056
      Uang Muka                              Advances                                      151.368           27.323           88.325
      Aset Lancar Lainnya                    Other Current Assets                         343.454           381.389          388.641
     Aset Tidak Lancar                     Noncurrent Assets                            7.665.170        7.498.661         7.420.718
      Investasi dalam Saham                  Investment in Shares                         607.376          589.898          447.245
      Tanah yang Belum
                                             Land for Development                       4.644.449         4.557.125        4.615.527
      Dikembangkan
      Aset Tetap                             Property and Equipment                       220.234          226.826           233.051
      Properti Investasi                     Investment Properties                       2.169.596        2.093.186        2.084.737
      Aset Tidak Lancar Lainnya              Other Noncurrent Assets                        23.516           31.627           40.159

                           Jumlah Aset                            Total Assets         14.362.397         15.131.489       15.586.178

     LIABILITAS                          LIABILITIES

     Liabilitas Jangka Pendek            Current Liabilities                             1.713.364        2.827.911        3.354.913
      Utang Usaha                          Trade Accounts Payables                        225.709           398.147          219.367
      Liabilitas Kontrak                   Contract Liabilities                          1.001.240        1.908.686        2.682.374
      Uang Muka Diterima                   Advances Received                               72.097           72.342           120.767
      Bagian liabilitas sewa jangka        Current portion of long-term
      panjang yang akan jatuh tempo        lease liabilities:
      dalam waktu satu tahun:
      Liabilitas jangka pendek lainnya     Other current liabilities                       414.317         446.254           369.742

     Liabilitas Jangka Panjang           Noncurrent Liabilities                           781.269          842.691         1.305.025
      Liabilitas Kontrak                   Contract Liabilities                           538.391          587.480           750.276
      Uang Muka Diterima                   Advances Received                                10.107             7.132         122.450
      Sewa Diterima di Muka                Rental Advances                                 74.768          104.869           291.297
      Liabilitas Jangka Panjang            Other Noncurrent Liabilities                   158.003           143.210          138.990
      Lainnya
                    Jumlah Liabilitas                          Total Liabilities        2.494.632        3.670.602        4.659.938

                      Jumlah Ekuitas                              Total Equity         11.867.765       11.460.887       10.926.240

       Jumlah Liabilitas dan Ekuitas           Total Liabilities and Equity            14.362.397        15.131.489       15.586.178


                                                                                   dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                           in million IDR, unless otherwise stated




12            LAPORAN TAHUNAN 2024
Page 13
    2024 Performance Highlights                                                                            PT Duta Pertiwi Tbk




LAPORAN LABA RUGI DAN PENGHASILAN
KOMPREHENSIF LAIN KONSOLIDASIAN
Consolidated Statements of Profit or Loss and Other Comprehensive Income

Uraian                                      Description                                           2024             2023           2022
Pendapatan usaha                            Revenues                                          4.422.683        3.862.424      3.017.086
Beban pokok penjualan                       Cost of revenues                                   1.812.401       1.546.864      1.072.136
Laba kotor                                  Gross profit                                      2.610.282        2.315.560      1.944.950
Beban usaha                                 Operating expenses                                 1.251.315        1.123.099       965.451
Laba usaha                                  Profit from operation                             1.358.968         1.192.461      979.499
Penghasilan (beban) lain-lain               Other income (expenses)                              (9.513)         88.426        (114.749)
Ekuitas pada laba bersih dari investasi     Share in Net income
                                                                                                 27.618            6.601       (16.395)
dalam saham                                 of investees
Laba sebelum pajak                          Profit before tax                                 1.377.072        1.287.488       848.355
Beban pajak kini                            Current tax expense                                    1.541           2.226          1.658
Laba tahun berjalan                         Net profit for the year                            1.375.531        1.285.261      846.697
Penghasilan (rugi) komprehensif lain        Other comprehensive income (loss)                    (3.317)          (2.393)          1.511

Jumlah penghasilan komprehensif             Total comprehensive income                         1.372.214       1.282.869       848.208

Jumlah laba tahun berjalan yang             Total profit for the year
dapat diatribusikan kepada:                 attributable to:

  Pemilik entitas induk                       Owners of the Parent Company                      851.769         1.066.421      747.550
  Kepentingan nonpengendali                   Non-controlling interests                         523.762          218.841         99.147

Jumlah penghasilan komprehensif             Total comprehensive income
yang dapat diatribusikan kepada:            attributable to:

  Pemilik entitas induk                       Owners of the Parent Company                     848.443         1.064.322       749.058
  Kepentingan nonpengendali                   Non-controlling interests                        523.770           218.546         99.150

Laba per saham dasar (dalam Rupiah penuh)   Basic earnings per share (in full IDR)              460,42            576,44        404,08

                                                                                     dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                             in million IDR, unless otherwise stated




RASIO-RASIO PENTING
Important Ratios

 Uraian                                     Description                                       2024               2023            2022

 Marjin laba usaha                          Operating profit margin                         30,73%             30,87%          32,47%
 Marjin laba sebelum pajak                  Profit before tax margin                         31,14%            33,33%          28,12%
 Marjin laba bersih                         Net profit margin                                19,26%            27,61%          24,78%
 Imbal hasil ekuitas                        Return on equity                                 11,59%             11,21%          7,75%
 Imbal hasil aset                           Return on asset                                  9,58%              8,49%           5,43%
 Rasio utang terhadap aset                  Debt to asset ratio                              0,00%              0,00%           0,00%
 Rasio lancar                               Current Ratio                                     3,91x             2,70x            2,43x
 Rasio utang bersih terhadap ekuitas        Net debt to equity ratio                      Net Cash           Net Cash       Net Cash




                                                                                                       2024 ANNUAL REPORT                13
Page 14
     Ikhtisar Kinerja 2024




 IKHTISAR SAHAM
 Stock Highlights
 [SEOJK 2.b.1]




 Saham Perusahaan dengan kode DUTI hanya                                                                           The Company’s shares with stock code DUTI
 diperdagangkan di Bursa Efek Indonesia.                                                                           is exclusively traded on the Indonesia Stock
                                                                                                                   Exchange.


 GRAFIK PERDAGANGAN SAHAM DI BEI TAHUN 2023-2024
 Chart of Trading Shares on the BEI in 2023-2024

     Rp/saham – IDR/Shares                                                                                                                                         Ribu Lembar – Thousand Shares

 6.000                                                                                                                                                                                                               600
           542,4
                                                                                                                                                                                                            542,3


 5.000                                                                                                                                                                                                               500
            4.700




                                              4.880




                                                                                 4.730




                                                                                                                           4.750
                                                                                                                   4.700
                             4.600

                                     4.600




                                                               4.680

                                                                        4.600




                                                                                         4.580




                                                                                                           4.620




                                                                                                                                           4.600
                                                                                                                                   4.550
                                                                                                  4.480
                                                      4.500
                     4.390




 4.000                                                                                                                                                                                                               400


                                                                                                                                                   4.350




                                                                                                                                                                            4.200
                                                                                                                                                                    4.120
                                                                                                                                                           4.100




                                                                                                                                                                                            4.040
                                                                                                                                                                                    4.000




                                                                                                                                                                                                    3.970

                                                                                                                                                                                                             3.620
 3.000                                                                                                                                                                                                               300




 2.000                                                                                                                                                                                                               200




 1.000                                                                                                                                                                                                               100
                             32,9            39,1                               40,3                                               31,5
                                                              27,6                               24,8                                                      21,2             22,3    31,7
                 16,3                11,8             22,5             24,1              17,8             25,2     18,1    17,9            7,1                                              21,0        21,8
                                                                                                                                                   10,4             4,8

 0                                                                                                                                                                                                                    0
           Jan      Feb Mar Apr May June                      Jul      Aug Sep           Oct Nov Dec               Jan     Feb Mar Apr May Jun                      Jul     Aug Sep         Oct Nov Dec
                                                      2023                                                                                                  2024
                                Harga Penutupan – Closing Price                                                       Volume Transaksi – Transaction Volume




14       LAPORAN TAHUNAN 2024
Page 15
  2024 Performance Highlights                                                         PT Duta Pertiwi Tbk



PERDAGANGAN SAHAM DI BEI TAHUN 2023-2024
Trading Shares on the BEI in 2023-2024


                     Harga Saham / Lembar                             Volume                   Nilai        Kapitalisasi
                       Stock Price / Share                                           Nilai
                                                        Jumlah       Transaksi              Transaksi          Pasar
                                                                                 Frekuensi (Rp
 Tahun                                                  Lembar       (Lembar)                   Miliar)      (Rp Miliar)
                                                                                    (Kali)
  Year                                                  Saham         Trading                Trading           Market
         Pembukaan Tertinggi Terendah Penutupan                                  Frequency
                                                      Total Shares    Volume                  Value        Capitalization
          Opening   Highest   Lowest    Closing                                    (Times)
                                                                      (Share)              (IDR Billion)    (IDR Billion)


 2023       4.140       4.950     3.940      4.620   1.850.000.000    824.800       1.393         3,73           8.547

  Q1         4.140      4.890     3.940      4.600   1.850.000.000     591.600       426          2,65            8.510

  Q2        4.520       4.950     4.200      4.500   1.850.000.000      73.400       345         0,34             8.325

  Q3        4.480       4.950     4.250      4.730   1.850.000.000     92.000        298          0,43            8.751

  Q4        4.730       4.850     4.360      4.620   1.850.000.000      67.800       324          0,31            8.547




                     Harga Saham / Lembar                             Volume                   Nilai        Kapitalisasi
                       Stock Price / Share                                           Nilai
                                                        Jumlah       Transaksi              Transaksi          Pasar
                                                                                 Frekuensi (Rp
 Tahun                                                  Lembar       (Lembar)                   Miliar)      (Rp Miliar)
                                                                                    (Kali)
  Year                                                  Saham         Trading                Trading           Market
         Pembukaan Tertinggi Terendah Penutupan                                  Frequency
                                                      Total Shares    Volume                  Value        Capitalization
          Opening   Highest   Lowest    Closing                                    (Times)
                                                                      (Share)              (IDR Billion)    (IDR Billion)


 2024       4.520       4.950     3.570      3.620   1.850.000.000     732.100      1.441        3,29            6.697

  Q1        4.520       4.920     4.360      4.550   1.850.000.000      67.500        316         0,31            8.418

  Q2        4.530       4.600     3.670      4.100   1.850.000.000      38.700       184          0,17            7.585

  Q3        3.800       4.200     3.800      4.000   1.850.000.000     58.800         198         0,23           7.400

  Q4        4.000       4.950     3.570      3.620   1.850.000.000     567.100       743          2,58            6.697




Aksi Korporasi [SEOJK 2.b.2]                                 Corporate Actions
Pada tahun 2024, tidak ada aksi korporasi yang               In 2024, there was no corporate action that
mengakibatkan terjadinya perubahan pada saham,               resulted in changes to shares. This including
termasuk pemecahan saham, penggabungan                       stock split, reverse stock, stock dividends, bonus
saham, dividen saham, saham bonus, perubahan                 stock, changes in the nominal value of the stock,
nilai nominal saham, penerbitan efek konversi, serta         issuance of convertible securities, as well as
penambahan dan pengurangan modal.                            capital addition and reduction.

Penghentian Sementara/Pembatalan                             Temporary Suspension/ Delisting
Pencatatan Saham [SEOJK 2.b.3]
Pada tahun 2024, saham Perusahaan tidak                      In 2024, the Company’s shares were not subject to
dihentikan maupun dibatalkan, baik sementara                 suspension or cancellation, whether temporarily
maupun permanen.                                             or permanently.




                                                                 LAPORAN TAHUNAN 2024 ANNUAL REPORT                       15
Page 16
02




LAPORAN
KEPADA
PEMANGKU
KEPENTINGAN
REPORT TO STAKEHOLDERS
Page 17
2024 LAPORAN TAHUNAN | ANNUAL REPORT       PT DUTA PERTIWI TBK




         Artist’s
      Impression    Levante at Klasika • Grand Wisata • Bekasi
Page 18
     Laporan Kepada Pemangku Kepentingan




      LAPORAN
      DIREKSI
      Report of the Directors
      [SEOJK 2.c]




      TEKY MAILOA
      Direktur Utama
      President Director




 Para Pemegang Saham yang terhormat,                  Our Respected Shareholders,
 Dengan rasa syukur tak terhingga, kami               With immense gratitude, we report that 2024
 melaporkan bahwa tahun 2024 telah dilewati           has passed without any significant obstacles.
 tanpa rintangan berarti. Ekonomi Indonesia tetap     The Indonesian economy continued to grow
 tumbuh di dalam tahun pemilihan yang berjalan        in a peaceful election year, despite facing
 damai, meski dihadapkan dengan beberapa              several global challenges, such as geopolitical
 tantangan global, seperti fragmentasi geopolitik     fragmentation and extreme climate change.
 dan perubahan iklim yang ekstrim.

 Industri properti yang digeluti Perusahaan           The property industry that the Company was
 masih stabil, meski melambat, didorong oleh          engaged in was stable, although slowing down,
 peningkatan daya beli masyarakat dan inflasi         driven by increasing purchasing power and low
 yang rendah. Perkembangan infrastruktur dan          inflation. The development of increasingly high-
 fasilitas yang makin berkualitas juga memberikan     quality infrastructure and facilities also provides
 nilai tambah pada industri ini, khususnya pada       added value to this industry, especially in areas
 area-area di mana proyek-proyek Perusahaan           where the Company’s projects were located.
 berada.

 Kepercayaan pasar yang telah dibangun sejak          The market trust that has been built since
 awal pendirian telah menjadi fondasi Perusahaan      its inception has become the foundation for
 mencapai kinerja prapenjualan Rp2,49 triliun,        the Company to achieve marketing sales
 melampaui target tahun 2024, yaitu Rp2,10 triliun.   performance of IDR2.49 trillion, exceeding the
 Pertumbuhan prapenjualan telah mendukung             2024 target of IDR2.10 trillion. Marketing Sales
 peningkatan Pendapatan Usaha sebesar 14,51%          growth has supported an increase in Revenues
 menjadi Rp4,42 triliun.                              by 14.51% to IDR4.42 trillion.




18      LAPORAN TAHUNAN 2024
Page 19
   Report to Stakeholders                                                          PT Duta Pertiwi Tbk



Pencapaian-pencapaian yang telah dicatat pada               The achievements recorded this year encourage
tahun ini menjadi semangat bagi kami untuk                  us to continue to look forward to the future,
terus menata masa depan, menjadi perusahaan                 become a better company to win in a competitive
yang lebih baik lagi untuk menjadi pemenang                 market and provide the best for our consumers
dalam pasar yang kompetitif dan memberikan                  and stakeholders.
yang terbaik bagi konsumen dan pemangku
kepentingan kami.

Strategi dan Kebijakan Strategis [SEOJK 2.c.1a]             Strategy and Strategic Policy
Perusahaan menyadari bahwa tahun 2024                       The Company realizes that 2024 was a political
merupakan tahun politik, dengan ciri historis               year, with historical characteristics of increased
peningkatan daya beli barang konsumsi,                      purchasing power of consumer goods, reluctance
keengganan      investasi   dan     perlambatan             to invest and a slowdown in purchase of goods
pembelian      barang     berdurasi      sebelum            before the election. On the other hand, there
pelaksanaan pemilu. Di sisi lain ada tantangan              are challenges of inflation and geopolitical
inflasi dan perkembangan geopolitik yang                    developments that have been our concern
menjadi perhatian kami sepanjang tahun.                     throughout the year.

Pemilihan presiden dan wakil rakyat berjalan aman           The presidential and representative elections
dan lancar, dimenangi oleh presiden dan wakil               went safely and smoothly, won by the president
presiden terpilih Prabowo Subianto dan Gibran               and vice president Prabowo Subianto and
Rakabuming Raka. Pemilu ini diikuti dengan                  Gibran Rakabuming Raka. This election was
pemilihan kepala daerah yang juga berlangsung               followed by regional head elections which also
damai serta proses pengangkatan yang lancar.                took place peacefully and the inauguration
                                                            process went smoothly.

Stabilitas politik pada masa transisi ini menguatkan        Political stability during this transition period
kepercayaan pasar kepada Indonesia. Nilai investasi         strengthens market confidence in Indonesia. The
di Indonesia, menurut data Kementerian Investasi,           investment value in Indonesia, according to data
naik 20,80% menjadi Rp1.714 triliun sepanjang               from the Ministry of Investment, grew by 20.80%
2024. Pertumbuhan investasi, baik di Jawa                   to IDR1,714 trillion throughout 2024. Investment
maupun luar Jawa terjadi secara cukup seimbang              growth, both in Java and outside Java, occured
dan telah mengakibatkan serapan tenaga kerja                in a fairly balanced manner and has resulted in
sebanyak 1,88 juta orang. Investasi pada tahun ini          the absorption of 1.88 million workers. Investment
secara signifikan didukung oleh pembangunan                 this year was significantly supported by the
Ibu Kota Nusantara (IKN) dan kebijakan hilirisasi           development of the Ibu Kota Nusantara (IKN, the
industri tambang dan mineral.                               new capital of Indonesia) and the downstreaming
                                                            policy of the mining and mineral industry.

Peningkatan daya beli juga tampak dari profil               The increase in purchasing power is also evident
pertumbuhan ekonomi tahun ini. Produksi                     from this year’s economic growth profile.
Domestik Bruto (PDB) Indonesia tahun 2024                   Indonesia’s Gross Domestic Product (GDP) in 2024
tumbuh 4,7-5,5%. Pertumbuhan PDB tersebut                   grew by 4.7-5.5%. This GDP growth was supported
didukung oleh aktivitas rumah tangga yang                   by household activity which grew by 4.94%,
tumbuh hingga 4,94%, aktivitas investasi 4,61%,             investment activity by 4.61%, and government
serta konsumsi pemerintah hingga 6,61%. Selain              consumption by 6.61%. In addition to the election,
pemilu,   penyelenggaraan    Pekan     Olahraga             the implementation of the 21st National Sports
Nasional (PON) XXI juga menjadi katalis aktivitas           Week (PON) was also catalyst for GDP-generating
penghasil PDB.                                              activities.

Di sisi lain, tekanan inflasi global berhasil dimitigasi.   On the other hand, global inflationary pressure
Inflasi Indonesia yang hanya 1,57%, lebih rendah            has been mitigated. Indonesia’s inflation of only
dari tahun 2023, memperkuat kebijakan Bank                  1.57%, lower than in 2023, strengthens Bank
Indonesia untuk kembali menurunkan suku                     Indonesia’s policy to again lower the benchmark
bunga acuan ke 6%, sama dengan akhir tahun                  interest rate to 6%, the same as the end of 2023,
2023, meski sempat dinaikkan 25 bps selama April            although it was increased by 25 bps during April –
– Agustus untuk memitigasi potensi inflasi.                 August to mitigate potential inflation.



                                                                                   2024 ANNUAL REPORT        19
Page 20
     Laporan Kepada Pemangku Kepentingan




 Kombinasi kondisi dan kebijakan yang saling                                    This combination of supportive conditions and
 mendukung ini meningkatkan kepercayaan                                         policies boosts consumer confidence and supports
 konsumen dan mendukung ekspansi manufaktur.                                    manufacturing expansion. Consumer confidence
 Keyakinan konsumen pada tahun 2024 konsisten                                   in 2024 is consistently above 100, reflecting
 di atas 100, menggambarkan persepsi positif                                    consumers’ positive perception that economic
 konsumen bahwa kondisi ekonomi akan menguat.                                   conditions will strengthen. Along with that, the
 Seiring dengan itu, indeks PMI juga konsisten di atas                          PMI index is also consistently above 50, indicating
 50, menunjukkan ekspansi aktivitas manufaktur                                  an expansion in manufacturing activity which in
 yang pada gilirannya telah menggerakkan aktivitas                              turn has driven overall economic activity.
 ekonomi secara keseluruhan.

 Di tengah positivisme ini, industri properti tumbuh                            Amidst this positivism, the property industry has
 terbatas. Survei Harga Properti Residensial yang                               experienced limited growth. The Residential
 dilakukan BI mengindikasikan penjualan properti                                Property Price Survey conducted by BI indicates
 residensial turun di semua tipe rumah di pasar                                 that residential property sales have fallen across
 primer. Berdasarkan informasi responden, faktor                                all types of houses in the primary market. Based
 penghambat adalah kenaikan harga bahan                                         on information from respondents, the inhibiting
 bangunan, masalah perizinan, proporsi uang                                     factors are the increase in building material
 muka yang tinggi dalam KPR dan perpajakan.                                     prices, licensing issues, a high proportion of down
 Kebijakan down payment 0% dan Loan-to-Value                                    payments in mortgages and taxation. The 0%
 yang diperpanjang hingga akhir 2024 belum juga                                 down payment and Loan-to-Value policies that
 mampu meningkatkan minat konsumen untuk                                        have been extended until the end of 2024 have
 membeli rumah.                                                                 not been able to increase consumer interest in
                                                                                buying a house.

 Tingkat suku bunga acuan BI juga dirasa masih                                  BI’s benchmark interest rate was also considered
 terlalu tinggi di tengah kondisi inflasi rendah,                               too high amid low inflation, even approaching
 bahkan menjelang deflasi. Dibaur dengan                                        deflation. Combined with the possibility of
 kemungkinan peningkatan pajak dan kekuatiran                                   increased taxes and concerns about the slowdown
 akan perlambatan pembangunan infrastruktur                                     in infrastructure development due to changes in
 akibat perubahan agenda pemerintah, masyarakat                                 the government’s agenda, people are becoming
 menjadi lebih enggan untuk melakukan                                           more reluctant to make purchases of durable
 pembelian barang berdurasi, termasuk properti.                                 goods, including property.

 Kondisi segmen sewa perkantoran pun masih                                      The condition of the office rental segment is still
 memprihatinkan. Gaya bekerja yang lebih                                        concerning. A working style that emphasizes
 menekankan mobilitas dan “kerja di mana saja”                                  mobility and “work from anywhere” has reduced
 telah menurunkan kebutuhan akan ruang                                          the need for physical office space. The situation of
 fisik perkantoran. Situasi pasokan lebih masih                                 excess supply still overshadows the office segment,
 membayangi segmen perkantoran, sebagaimana                                     as found by the State Asset Management
 ditemukan oleh Lembaga Manajemen Aset                                          Institute¹. Not much different from offices, almost
 Negara1. Tak jauh berbeda dengan perkantoran,                                  all rental segments also experience the same
 hampir seluruh segmen sewa juga mengalami hal                                  thing, although they still show improvements in
 yang sama, meski masih menunjukkan perbaikan                                   terms of price.
 dalam hal harga.

 Menghadapi dinamika ini, Perusahaan tetap setia                                Facing this dynamic, the Company remains
 dengan kebijakan-kebijakan yang telah diadopsi.                                faithful to the policies that have been adopted.
 Kami memperhatikan portofolio produk yang                                      We pay attention to a balanced product
 seimbang untuk menjaga stabilitas namun tetap                                  portfolio to maintain stability while still providing
 memberikan peluang untuk tumbuh. Di sisi                                       opportunities for growth. On the growth side, we
 pertumbuhan, kami mendesain proyek-proyek                                      design quality, attractive, market-oriented and
 residensial dan komersial yang berkualitas,                                    sustainable residential and commercial projects.
 menarik, sesuai dengan kebutuhan pasar dan                                     Yara at The Kaia and Levante at Klasika Grand
 berkelanjutan. Yara di The Kaia dan Levante di                                 Wisata are two premium residential projects
 Klasika Grand Wisata adalah dua proyek residensial                             launched by the Company this year and have

 1 Lembaga Manajemen Aset Negara, “Property Market Report: Tren dan Insight Pasar Properti Komersial Semester I 2024”, September 2024




20        LAPORAN TAHUNAN 2024
Page 21
   Report to Stakeholders                                                      PT Duta Pertiwi Tbk



premium yang diluncurkan Perusahaan pada              been well received by the market. Both designs
tahun ini dan diserap pasar dengan baik. Kedua        combine modern architecture with natural
desain ini mengkombinasi arsitektur modern            landscapes.
dengan lanskap alam.

Sementara Devant Business Loft dan North              Meanwhile, Devant Business Loft and North
Square District yang diluncurkan di Kota Wisata       Square District launched in Kota Wisata were
dibangun secara mewah dan eksklusif untuk             built luxuriously and exclusively to increase added
meningkatkan nilai tambah bagi bisnis yang            value for business located there. In addition, the
bertempat di situ. Selain itu, kehadiran Jembatan     presence of the Southgate Pedestrian Bridge
Penyeberangan Orang (JPO) Southgate turut             (JPO) also supports the Southgate Apartment as
mendukung daya tarik Southgate Apartment              an integrated place for activities.
sebagai tempat beraktivitas yang terintegrasi.

Pertumbuhan ini juga didukung oleh pemasaran          This growth was also supported by dynamic
yang dinamis serta program berskala nasional          marketing and national-scale programs that were
yang digerakkan bersama-sama dengan induk             driven together with our parent company. The
usaha kami. Program berskala nasional yang            national-scale program named “Infinite Living”
diberi nama “Infinite Living” pada tahun ini          this year offers a down payment subsidy of up to
menawarkan subsidi down payment hingga 20%,           20%, discounts of up to 26% and free Land and
diskon mencapai 26% dan bebas Bea Perolehan           Building Acquisition Fee (BPHTB). This program
Hak atas Tanah dan Bangunan (BPHTB). Program          was held in 3 sessions until the end of the year.
ini dilangsungkan sebanyak 3 sesi hingga
penghujung tahun.

Berkat upaya-upaya yang konsisten dan inovatif        Thanks to these consistent and innovative efforts,
ini, Perusahaan berhasil mencatatkan kinerja          the Company has successfully recorded Marketing
prapenjualan sebesar Rp2,49 triliun, melampaui        Sales performance of IDR2.49 trillion, exceeding
target. Dari angka tersebut, sebesar Rp1,45 triliun   the target. Of this figure, IDR1.45 trillion came from
berasal dari segmen residensial, sementara sisanya    the residential segment, while the remaining
Rp1,04 triliun dari segmen commercial. Kinerja        IDR1.04 trillion from the commercial segment. This
prapenjualan yang stabil tumbuh ini mendorong         stable marketing-sales performance growth has
peningkatan     Pendapatan       Usaha    segmen      driven an increase in sales segment in Revenues
penjualan sebesar 17,82% menjadi Rp3,67 triliun.      by 17.82% to IDR3.67 trillion.

Di sisi stabilitas, kami mengembangkan inovasi-       On the stability side, we are developing
inovasi yang memperkuat loyalitas konsumen            innovations that strengthen our consumer loyalty.
kami. Di Aerium Apartment, kami bekerjasama           At Aerium Apartment, we are working with
dengan mitra-mitra terpercaya untuk menjadi The       trusted partners to become The First Prestigious
First Prestigious Dog-Friendly Apartment. Di ITC      Dog-Friendly Apartment. At ITC Cempaka Putih,
Cempaka Putih, kami menghadirkan HAPIMART,            we are presenting HAPIMART, a retail chain from
sebuah jaringan ritel asal Tiongkok sebagai           China as a new anchor tenat that will enhance
anchor tenant baru yang akan meningkatkan             the shopping experience and in turn the footprint
pengalaman belanja dan pada gilirannya footprint      that provides added value to other tenants.
yang memberikan nilai tambah bagi tenant
lainnya.

Living World Kota Wisata Cibubur dengan konsep        Living World Kota Wisata Cibubur with the concept
“Home Living, Lifestyle & Eat-ertainment” yang        of “Home Living, Lifestyle & Eat-ertainment”
dikembangkan oleh Entitas Anak PT Sahabat Kota        developed by its Subsidiary PT Sahabat Kota
Wisata, juga diharapkan akan memberikan gairah        Wisata, was also expected to provide new passion
baru untuk penghuni kota mandiri Perusahaan ini.      for residents of this Company’s township.

Stabilitas Pendapatan Usaha ini tergambar melalui     The stability of Revenues was reflected in the
keseimbangan pendapatan berulang dari sewa,           balance of recurring income from the rent, hotels
hotel dan pengelolaan properti lainnya sebesar        and other property management of IDR756.38
Rp756,38 miliar, atau 17,10% dari total Pendapatan    billion, or 17.10% of total Revenues. This figure grew
Usaha. Angka ini tumbuh 0,74% dibandingkan            0.74% compared to 2023, even exceeding the


                                                                              2024 ANNUAL REPORT           21
Page 22
     Laporan Kepada Pemangku Kepentingan




 tahun 2023, bahkan melampaui target Rp3,58             target of IDR3.58 trillion, amid increasing demand.
 triliun, di tengah permintaan yang mulai               BI data recorded the commercial property
 menggeliat. Data BI mencatat indeks permintaan         demand index for the rental category grew by
 properti komersial untuk kategori sewa tumbuh          4%. In line with that, Rumah123 data also shows
 4%. Senada dengan itu, Data Rumah123 juga              that demand for commercial property rentals in
 menunjukkan bahwa permintaan sewa properti             the first eleven months of 2024 increased by 18.5%,
 komersial dalam sebelas bulan pertama 2024             with the highest growth in South Jakarta.
 meningkat sampai 18,5%, dengan pertumbuhan
 tertinggi di Jakarta Selatan.

 Ditopang oleh kinerja Pendapatan Usaha ini,            Supported by the performance of the Revenues,
 Perusahaan berhasil mencatatkan Laba Bersih            the Company managed to record Net Profit of
 Rp852 miliar.                                          IDR852 billion.

 Sedangkan posisi keuangan Perusahaan tetap             Meanwhile, the Company’s financial position
 terjaga dengan Jumlah Aset sebesar Rp14,36             remains stable with Total Assets of IDR14.36 trillion
 triliun dan Jumlah Ekuitas Rp11,87 triliun. Kami       and Total Equity of IDR11,87 trillion. We monitor the
 memantau struktur modal agar tetap sehat dan           capital structure to remain healthy and be able to
 dapat menangkap peluang-peluang yang ada.              capture existing opportunities.

 Penetapan dan Implementasi Strategi                    Strategy Determination and Implementation
 [SEOJK 2.c.1b] [SEOJK 2.c.1c]
 Direksi bersama dengan unit-unit kerja menelaah        The Directors together with the work units
 setiap kondisi dan isu yang signifikan bagi            examine every condition and issue that is
 Perusahaan untuk menjadi dasar penetapan               significant to the Company to be the basis for
 strategi. Asumsi yang digunakan tidak hanya            determining the strategy. The assumptions used
 berasal dari internal Perusahaan, melainkan juga       do not only come from within the Company but
 dari riset berbagai institusi serta sharing session    also from research from various institutions as
 dan diskusi dengan asosiasi.                           well as sharing sessions and discussions with
                                                        associations.

 Strategi ini juga telah melalui proses diskusi         This strategy has also gone through a discussion
 bersama BOC dan komite-komitenya. Diskusi              process with the BOC and its committees. This
 ini menjadi kunci dalam menyelaraskan                  discussion is key in aligning the Company’s
 langkah-langkah strategis Perusahaan yang              strategic steps that are determined with the
 ditetapkan dengan visi dan misi Perusahaan             Company’s vision and mission and Corporate
 serta Governansi Perusahaan. Melalui rapat-            Governance. Through coordination meetings
 rapat koordinasi dan rapat gabungan, kami              and joint meetings, we ensure that all
 memastikan      seluruh     informasi      diterima    information is well received by the BOC, related
 dengan baik oleh BOC, unit-unit terkait dan            units, and stakeholders so that the formulated
 para pemangku kepentingan agar strategi yang           strategy is truly relevant, on target, and effective.
 diformulasikan    sungguh-sungguh           relevan,
 tepat sasaran dan efektif. [PUGKI 3.2.1.2]

 Sepanjang tahun kami juga bekerja untuk                Throughout the year we also work to ensure
 memastikan      penerapan     strategi berjalan        that the implementation of the strategy runs
 dengan baik. Kami memastikan semua risiko-             smoothly. We ensure that all risks can be
 risiko dapat diidentifikasi pada fase awal dan         identified at an early stage and that all parties
 semua pihak memahami dampak serta upaya                understand the impact and mitigation efforts
 mitigasi yang harus dilaksanakan. Kami juga            that must be implemented. We also conduct
 melakukan kunjungan ke lapangan, menghadiri            field visits and attend forums to stay up-to-
 forum-forum untuk tetap up-to-date pada                date on any dynamics that occur, which have
 setiap dinamika yang terjadi, yang berpotensi          the potential to change the relevance of the
 untuk mengubah relevansi dari strategi yang            established strategy.
 telah ditetapkan.

 Di sisi keuangan, kami memastikan strategi             On the financial side, we ensure that the strategy
 dilaksanakan dengan tetap memperhatikan                is implemented while still paying attention to


22      LAPORAN TAHUNAN 2024
Page 23
   Report to Stakeholders                                                   PT Duta Pertiwi Tbk



struktur   modal     yang      berimbang     dan    a balanced capital structure and good cash
pengelolaan kas yang baik. Kami memantau            management. We monitor any significant
setiap perubahan signifikan atas posisi keuangan    changes in the financial position to ensure that
untuk memastikan Perusahaan tetap lincah            the Company remains agile but prudent.
namun prudent. [PUGKI 1.1.1.4]

Kami juga memastikan agar setiap insan              We also ensure that every person in the
Perusahaan menerapkan strategi yang telah           Company implements the determined strategy
ditentukan dengan tetap menjunjung integritas,      while still upholding integrity, prioritizing the
mengutamakan      kepentingan    Perusahaan         interests of the Company, and still referring to
dan tetap mengacu pada kode etik yang telah         the established code of conduct.
ditetapkan.

Prospek Usaha Jangka Panjang dan Tahun              Long Term Business Prospects and the Year
2025 [SEOJK 2.c.2]                                  2025
Tahun 2025 adalah tahun yang penuh potensi.         2025 is a year full of potential. We believe that
Kami meyakini komitmen pemerintah terhadap          the government’s commitment to infrastructure
pembangunan infrastruktur takkan berhenti           development will not stop and it will be capital
dan itu akan menjadi modal bagi industri            for industry and at the same time the Company
dan sekaligus Perusahaan untuk bertumbuh.           to grow. This development will provide a positive
Pembangunan ini akan memberikan efek                snowball effect on business activities and
bola salju yang positif bagi aktivitas bisnis dan   increase purchasing power.
peningkatan daya beli.

Pertumbuhan        ekonomi    Indonesia   yang      Indonesia’s economic growth supported by
ditopang oleh investasi yang makin berdaya          increasingly efficient investment is also one of
guna juga menjadi salah satu katalis properti,      the property catalysts, both in the sales and
baik di segmen jual maupun sewa. Aktivitas dan      rental segments. Increasing business activity
mobilitas bisnis yang makin tinggi menciptakan      and mobility create a need for meeting places
kebutuhan akan tempat pertemuan dan hotel.          and hotels.

Meski demikian, kami pun menyadari ada              However, we also realize that various challenges
berbagai tantangan yang harus dihadapi pada         must be faced in 2025. Several factors will
tahun 2025 ini. Sejumlah faktor akan menjadi        pose challenges in the years ahead, including
tantangan di dalam tahun-tahun ke depan,            the planned increase in VAT which, although
antara lain rencana kenaikan PPN yang meski         postponed, will still affect public sentiment, the
ditunda namun akan tetap mempengaruhi               risk of deflation that still looms and changes in
sentimen masyarakat, risiko deflasi yang masih      people’s lifestyles.
membayangi, serta perubahan gaya hidup
masyarakat.

Suku bunga tinggi juga masih menjadi                High interest rates are also still an obstacle
kendala, karena lebih dari 75% konsumen             because more than 75% of consumers still
masih menggunakan KPR. BI masih nampak              use KPR. BI still seems reluctant to lower the
enggan untuk menurunkan suku bunga acuan            benchmark interest rate to balance exchange
untuk menyeimbangkan volatilitas nilai tukar        rate volatility and the still quite high risks from
dan risiko-risiko yang masih cukup tinggi dari      geopolitics and climate change that impact
geopolitik dan perubahan iklim yang berdampak       food and energy supplies.
pada pasokan makanan dan energi.

Di aspek pasar, perubahan gaya hidup dan            In the market aspect, changes in lifestyle and
ketimpangan daya beli telah menjadi perhatian       purchasing power inequality have become
kami. Sebuah riset menemukan bahwa                  our concern. A study found that Generation
responden Generasi Z pesimis dapat membeli          Z respondents are pessimistic about being
rumah sendiri karena harga yang sudah               able to buy their own homes because prices
terlalu tinggi dan kebanyakan belum memiliki        were already too high and most did not
pekerjaan tetap. Dampaknya adalah generasi          have permanent jobs. The impact is that this
ini lebih memilih untuk tetap tinggal di rumah      generation prefers to stay at their parent’s house


                                                                           2024 ANNUAL REPORT         23
Page 24
     Laporan Kepada Pemangku Kepentingan




 orang tua atau mencari hunian di luar kota-kota   or look for housing outside big cities so that the
 besar sehingga harganya lebih terjangkau atau     price is more affordable or choose to travel while
 memilih untuk travelling sambil bekerja.          working.

 Senada dengan itu, kebutuhan akan properti        In line with that, the need for rental properties
 sewa juga harus dipantau terus menerus. Tren      must also be monitored continuously. The
 belanja daring telah mengakibatkan banyak         trend of online shopping has resulted in many
 ruang sewa tidak terpakai. Sebaliknya, jumlah     unused rental spaces. On the other hand, the
 pasokan terus bertambah dengan dibangunnya        amount of supply continues to increase with
 area komersial dan perkantoran baru di berbagai   the construction of new commercial and office
 lokasi.                                           areas in various locations.

 Walau dihadapkan dengan dinamika di atas,         Despite the dynamics above, we view that the
 kami memandang bahwa posisi Perusahaan            Company’s current position is the best in the
 saat ini adalah posisi terbaik di dalam sektor    property sector. With the trust that has been
 properti. Dengan kepercayaan yang telah           given to the Company thanks to its hard work so
 diberikan kepada Perusahaan berkat kerja keras    far, we believe that the Company will continue
 selama ini, kami percaya Perusahaan akan tetap    to be able to make new achievements in the
 mampu menorehkan prestasi-prestasi baru di        years to come.
 tahun-tahun mendatang.

 Namun, kami pun tak hendak berpuas diri.          However, we do not want to be complacent. We
 Kami terus mendalami pasar yang kami layani       continue to explore the markets we serve and
 serta pasar-pasar baru yang potensial. Kami       potential new markets. We will also undertake
 juga akan melakukan berbagai inisiatif yang       various initiatives that will increase the added
 akan meningkatkan nilai tambah produk dan         value of our products and services, both
 jasa kami, baik secara organik maupun sinergi     organically and in synergy with other parties.
 dengan pihak-pihak lain. Kami juga terus awas     We also continue to be vigilant about the
 terhadap berbagai peluang yang timbul dari        various opportunities that arise from today’s
 dinamika pasar masa kini. Melalui upaya-upaya     market dynamics. Through these efforts, we
 ini, kami menata masa depan dengan cermat,        plan the future carefully, optimistically and in a
 optimis dan terstruktur.                          structured manner.


 Penerapan Governansi Perusahaan                   Implementation of Corporate Governance
 [SEOJK 2.c.3]
 Kami meyakini bahwa Governansi Perusahaan         We believe that Corporate Governance has led
 telah   menghantar     Perusahaan   sebagai       the Company to become a trusted company
 perusahaan yang terpercaya di mata para           in the eyes of its stakeholders. Therefore,
 pemangku     kepentingannya.   Karena   itu,      throughout the year we ensured that the
 di   sepanjang   tahun   kami   memastikan        implementation of Corporate Governance was
 bahwa penerapan Governansi Perusahaan             carried out properly.
 terlaksanakan dengan baik.

 Governansi Perusahaan sesungguhnya akan           Corporate Governance will guide every
 menuntun setiap insan untuk menjadi manusia       person to become a person with integrity, and
 yang penuh integritas, bertanggungjawab,          responsibility, respect the dignity of others and
 menghormati martabat orang lain dan               prioritize common interest over self-interest.
 mengutamakan         kepentingan     bersama      For that, Corporate Governance must always
 dibandingkan kepentingan diri sendiri. Untuk      be socialized, both in a preventive way such as
 itu, Governansi Perusahaan harus selalu           discussions and statements of commitment and
 disosialisasikan, baik dengan cara preventif      in a curative way such as imposing sanctions.
 seperti diskusi dan pernyataan komitmen,          Corporate Governance which has become a
 maupun dengan cara kuratif seperti pemberian      culture will produce people with high ethics
 sanksi. Governansi Perusahaan yang telah          wherever they are.
 membudaya akan menghasilkan manusia yang
 beretika tinggi dimanapun mereka berada.
 [PUGKI 1.1.1.1-2] [PUGKI 4.3.1.4]



24       LAPORAN TAHUNAN 2024
Page 25
    Report to Stakeholders                                                           PT Duta Pertiwi Tbk



Karena itu, dalam setiap kesempatan bersama,                 Therefore, in every gathering opportunity, the
Direksi selalu mengingatkan, mendorong                       Directors always remind, encourage, and inspire
dan menginspirasi insan Perusahaan untuk                     Company personnel to understand Corporate
memahami Governansi Perusahaan. Kami                         Governance. We utilize various media to ensure
memanfaatkan       berbagai   media    untuk                 that the message is conveyed and internalized
memastikan pesan tersebut sampai dan                         by everyone in the Company.
diinternalisasi oleh semua orang di dalam
Perusahaan.

Sistem pengendalian internal dan manajemen                   Internal control systems and risk management
risiko adalah dua hal yang menjadi fokus                     are two things that are the focus of the Directors’
pantauan Direksi. Kami, dibantu oleh Unit                    monitoring. We, assisted by the Internal Audit
Internal Audit dan di bawah pemantauan Komite                Unit and under the supervision of the Audit
Audit, memastikan sistem sudah mampu untuk                   Committee, ensure that the system can identify
mengidentifikasi risiko-risiko secara dini dan               risks early and ensure that the relevant person
mampu memastikan penanggungjawab terkait                     in charge implements the prepared mitigation
melaksanakan strategi mitigasi yang telah                    strategy. Periodically, we and the BOC together
disiapkan. Secara berkala, kami dan BOC bersama              with the relevant committees and work units
komite dan unit kerja terkait menyelenggarakan               hold coordination meetings to ensure that all
rapat koordinasi untuk memastikan setiap                     information can be received accurately and on
informasi dapat diterima secara akurat dan tepat             time to produce relevant and effective decisions.
waktu agar dapat menghasilkan keputusan-
keputusan yang relevan dan efektif. [PUGKI 1.1.3]
[PUGKI 5.1.1] [PUGKI 5.2.1]


Perusahaan juga telah menggunakan teknologi                  The Company has also used information
informasi di dalam proses bisnisnya, baik                    technology in its business processes, both
yang berhadapan dengan pihak eksternal                       those dealing with external parties such as
seperti showroom 360o, maupun di internal                    the 360o showroom, and internally such as
seperti sistem akuntansi. Kami menyadari                     the accounting system. We realize that the
penggunaan teknologi informasi yang makin                    increasingly widespread use of information
luas membutuhkan governansi spesifik yang                    technology requires specific governance that
memasikan keamanan data dan perlindungan                     ensures data security and privacy protection.
privasi. Kami telah menyusun ITDRP, sebuah                   We have prepared ITDRP, a guide to dealing
panduan     untuk    menghadapi    risiko-risiko             with risks related to information technology
terkait teknologi informasi serta memastikan                 and ensuring continuous strengthening of the
penguatan terus menerus dari sistem keamanan.                security system.
[PUGKI 1.1.2-4] [PUGKI 1.1.6] [PUGKI 5.3.1]


Apresiasi                                                    Appreciation
Kami    hendak   mengucap      syukur  atas                  We would like to express our gratitude for the
pencapaian Perusahaan, yang tak mungkin ada                  Company’s achievements that would not have
tanpa kehadiran BOC, karyawan, konsumen,                     been possible without the presence of the BOC,
pemegang saham dan para pemangku                             employees, consumers, shareholders and other
kepentingan lainnya. Ke depannya, dengan                     stakeholders. Going forward, with the support
dukungan semua pihak, kami percaya kami                      of all parties, we believe we can organize a
dapat menata masa depan dengan lebih baik.                   better future.




                                                 Atas nama Direksi,
                                              On behalf of the Directors,




                                                  TEKY MAILOA
                                          Direktur Utama | President Director


                                                                                    2024 ANNUAL REPORT         25
Page 26
     Laporan Kepada Pemangku Kepentingan




      LAPORAN
      DEWAN
      KOMISARIS
      Report of the Board of
      Commissioners
      [SEOJK 2.d]




      MUKTAR WIDJAJA
      Komisaris Utama
      President Commissioner




 Pemangku kepentingan yang kami hormati,               Our Respected Stakeholders,
 Tahun 2024 yang diwarnai dengan pemilihan             The year 2024 marked by the general election
 umum telah terlalui dengan damai. Serah               has passed peacefully. The office handover also
 terima jabatan pun berjalan dengan aman               took place safely and peacefully. Infrastructure
 tenteram. Pembangunan infrastruktur yang              development that attracts investment continues
 menarik investasi masih tetap bergerak                to move dynamically, accompanied by the
 dinamis dengan disertai komitmen pemerintah           government’s commitment to equalizing welfare.
 untuk menujukan fokus kepada pemerataan               On the other hand, economic growth was still
 kesejahteraan. Di sisi lain, pertumbuhan              being suppressed by the geopolitical situation,
 ekonomi masih tertekan oleh situasi geopolitik,       climate change, decline in purchasing power and
 perubahan    iklim,   penurunan       daya   beli     volatility of the IDR exchange rate.
 masyarakat dan volatilitas nilai tukar Rupiah.

 Di tengah situasi inilah, Perusahaan bergerak maju    Amid this situation, the Company is moving
 untuk menghadirkan masa depan yang lebih              forward to present a better future for all its
 baik bagi semua pemangku kepentingannya.              stakeholders. We appreciate the Company’s
 Kami mengapresiasi pencapaian Perusahaan              achievement in recording Marketing Sales of
 yang telah mencatatkan Prapenjualan sebesar           IDR2.49 trillion, higher than the target of IDR2.10
 Rp2,49 triliun, lebih tinggi daripada target Rp2,10   trillion. On the financial side, the Company
 triliun. Di sisi keuangan, Perusahaan mencatatkan     recorded a Revenues of IDR4.42 trillion, which
 Pendapatan Usaha Rp4,42 triliun, meningkat            drove a Net Profit of IDR852 billion.
 dari tahun sebelumnya, yang menghasilkan Laba
 Bersih Rp852 miliar.

 Posisi keuangan Perusahaan tetap kokoh dengan         The Company’s financial position remains solid
 Jumlah Aset Rp14,36 triliun dan Jumlah Ekuitas        with Total Assets of IDR14.36 trillion and Total
 Rp11,87 triliun. Perusahaan memelihara Kas            Equity of IDR11.87 trillion. The Company maintains
 dan Setara Kas yang sehat di Rp2,52 triliun agar      healthy Cash and Cash Equivalents at IDR2.52
 tetap lincah secara finansial. Ini semuanya telah     trillion to remain financially agile. All of this has
 memberikan kepercayaan penuh kepada pasar             given full confidence to the capital market so that
 modal sehingga kapitalisasi pasar pada akhir          market capitalization at the end of the year was
 tahun tercatat Rp6,70 triliun.                        recorded at IDR6.70 trillion.


26      LAPORAN TAHUNAN 2024 ANNUAL REPORT
Page 27
    Report to Stakeholders                                                    PT Duta Pertiwi Tbk



Penilaian terhadap kinerja Direksi                   Assessment of the Directors’ Performance
[SEOJK 2.d.1] [PUGKI 1.2.1]


Setiap akhir tahun, Direksi, bersama-sama dengan     At the end of each year, the Directors, together with
unit-unit kerja terkait, telah menentukan isu-isu    related work units, have determined significant
signifikan yang berpotensi memberi dampak bagi       issues that have the potential to impact the
kinerja Perusahaan. Berdasarkan hasil diskusi dan    Company’s performance. Based on the results of
data dari berbagai sumber ini, Direksi menetapkan    the discussions and data from various sources,
arah kebijakan strategis Perusahaan pada tahun       the Directors determines the direction of the
berjalan.                                            Company’s strategic policies for the current year.

Di akhir tahun 2023, Direksi telah memproyeksikan    At the end of 2023, the Directors has projected that
bahwa tahun 2024 akan menjadi tahun dengan           2024 will be a year of stable economic growth,
pertumbuhan ekonomi stabil, pemulihan sektor         recovery of the property sector and strengthening
properti dan penguatan daya beli. Direksi juga       of purchasing power. The Directors have also
telah    mengidentifikasikan      beberapa  risiko   identified several risks, especially those originating
terutama yang berasal dari luar industri dan luar    from outside the industry and Indonesia.
Indonesia.

Berdasarkan asumsi tersebut, Direksi telah           Based on these assumptions, the Directors have
menetapkan beberapa kebijakan strategis yang         established several relevant strategic policies,
relevan, yaitu (1) secara konsisten membuktikan      namely (1) consistently proving that we deliver
bahwa kami menghantarkan produk-produk               superior quality, innovative and green products; (2)
berkualitas unggul, inovatif dan hijau; (2) terus    continuing to seek new opportunities including in
mencari peluang-peluang baru termasuk pada           the alternative property segment; (3) encouraging
segmen properti alternatif; (3) mendorong            market deepening with increasingly innovative,
pendalaman pasar dengan promosi dan                  digital-based and dynamic promotions and
pemasaran yang makin inovatif, berbasis digital      marketing. We view that this strategy is very
dan dinamis. Kami memandang bahwa strategi           appropriate to face these conditions.
tersebut sangat tepat untuk menghadapi kondisi-
kondisi tersebut.

Di sepanjang tahun, kami mengapresiasi               Throughout the year, we appreciate the Directors’
upaya Direksi untuk memastikan strategi              efforts to ensure that the strategy was consistently
tersebut konsisten dilaksanakan di setiap            implemented in every element of the Company.
elemen    Perusahaan.    Perusahaan      berhasil    The Company has successfully introduced projects
memperkenalkan proyek-proyek yang diterima           that have been well received by the market, such
dengan baik oleh pasar, seperti Yara di The Kaia,    as Yara at The Kaia, Devant Business Loft and
Devant Business Loft dan Levante di Klasika.         Levante at Klasika. Located in Grand Wisata
Berlokasi di Grand Wisata Bekasi, keduanya           Bekasi, both carry designs that combine urban
mengusung desain yang menggabungkan                  comfort without leaving out refreshing natural
kenyamanan perkotaan tanpa meninggalkan              elements.
unsur-unsur alam yang menyegarkan.

Perusahaan juga menjadi perusahaan pertama           The Company is also the first company to have
yang memiliki proyek apartemen ramah hewan           a pet-friendly apartment project in Aerium
di Aerium Residence yang dilengkapi dengan           Residence which was equipped with an on-
klinik hewan di tempat (on-the-spot). ITC            the-spot veterinary clinic. ITC Cempaka Mas,
Cempaka Mas, yang dikelola oleh Perusahaan,          managed by the Company, introduced the first
memperkenalkan jaringan ritel baru HAPIMART          new retail network, HAPIMART in Indonesia as its
perdana di Indonesia sebagai anchor tenant-nya.      anchor tenant. This year, the Company launched
Tahun ini, Perusahaan meluncurkan Living World       Living World and topping off the ARTOTEL hotel
dan topping off hotel ARTOTEL di Kota Wisata,        in Kota Wisata, Cibubur, in collaboration with our
Cibubur, yang bekerja sama dengan mitra              strategic partners in an area of 200,000 m2.
strategis kami di area seluas 200.000 m2.




                                                                             2024 ANNUAL REPORT           27
Page 28
     Laporan Kepada Pemangku Kepentingan




 Untuk      mendorong       pemasaran,     Direksi   To drive marketing, the Directors directs
 mengarahkan upaya-upaya pemasaran dengan            marketing efforts using various digital media,
 menggunakan berbagai media digital, termasuk        including virtual tours, develop social media
 virtual tour, mengembangkan media sosial            project and utilizing online marketing networks
 proyek, serta memanfaatkan jaringan pemasaran       to strengthen the product’s image in the eyes of
 daring untuk memperkuat citra produk di             the market. These efforts have spurred Marketing
 mata pasar. Upaya-upaya ini telah memacu            Sales to IDR2.49 trillion or grew 48.07 % compared
 Prapenjualan hingga Rp2,49 triliun atau tumbuh      to 2023. Of this figure, the residential contribution
 48,07% dibandingkan 2023. Dari angka tersebut,      is 58.28% and the rest 41.72% is from commercial.
 kontribusi residensial adalah 58,28% dan sisanya
 sebesar 41,72% adalah dari commercial.

 Kami pun mengapresiasi Direksi karena di tengah     We also appreciate the Directors because amidst
 tantangan inflasi global dan volatilitas nilai      the challenges of global inflation and exchange
 tukar, posisi keuangan Perusahaan tetap kokoh.      rate volatility, the Company’s financial position
 Struktur modal yang masih diperkuat dengan          remains strong. The capital structure which is still
 ekuitas serta posisi kas yang besar masih menjadi   strengthened by equity and a large cash position
 prioritas Direksi. Di akhir tahun 2024, Jumlah      is still a priority for the Directors. At the end of
 Aset Perusahaan tercatat Rp14,36 triliun, Jumlah    2024, the Company’s Total Assets were recorded
 Ekuitas Rp11,87 triliun, sementara Kas dan Setara   at IDR14.36 trillion, Total Equity at IDR11.87 trillion,
 Kas di level Rp2,53 triliun.                        while Cash and Cash Equivalents were at the level
                                                     of IDR2.53 trillion.

 Direksi juga telah memastikan agar kinerja          The Directors have also ensured that good
 Prapenjualan yang baik tercermin pada lini          Marketing Sales performance was reflected in the
 bawah, yaitu Laba Bersih yang tercatat Rp852        bottom line, namely Net Profit of IDR852 billion.
 miliar. Angka ini berasal dari Pendapatan Usaha     This figure comes from Revenues of IDR4.42 trillion,
 sebesar Rp4,42 triliun, sebesar Rp3,67 triliun      of which IDR3.67 trillion is from sales revenue and
 adalah dari pendapatan penjualan dan sisanya        the rest from rental income and other property
 dari pendapatan sewa dan pengelolaan properti       management. The Company’s profitability has
 lainnya. Profitabilitas Perusahaan juga membaik,    also improved, as reflected in the Operating Profit
 yang direfleksikan dari Marjin Laba Usaha sebesar   Margin of 30.73%.
 30,73%.

 Dibantu oleh Komite Audit dan NRC, kami telah       Assisted by the Audit Committee and the NRC, we
 melakukan penilaian terhadap Direksi. Penilaian     have conducted an assessment of the Directors.
 tersebut, digabungkan dengan penilaian mandiri      This assessment, combined with the independent
 yang dilakukan oleh Direksi, menunjukkan bahwa      assessment conducted by the Directors, shows
 upaya-upaya Direksi pada tahun 2024 telah           that the Directors’ efforts in 2024 have led the
 menghantarkan Perusahaan ke posisi yang lebih       Company to a better position in the industry and
 baik di industri dan di mata pasar.                 in the eyes of the market.




28      LAPORAN TAHUNAN 2024
Page 29
   Report to Stakeholders                                                        PT Duta Pertiwi Tbk



Pandangan        atas    Penerapan       Governansi      Views       on      Corporate       Governance
Perusahaan [SEOJK 2.d.3] [PUGKI 1.3.6-8]                 Implementation
Governansi Perusahaan merupakan panduan                  Corporate Governance is a guideline for every
agar setiap insan Perusahaan bertindak secara            Company person to act responsibly and uphold
bertanggung jawab dan dengan menjunjung                  common interests and high ethics. We ensure
kepentingan bersama serta etika yang tinggi. Kami        that Corporate Governance was implemented
memastikan Governansi Perusahaan terlaksana              and reflected in every decision, report and
dan tergambar di setiap keputusan, laporan dan           behavior of the Directors and all employees of
perilaku Direksi dan seluruh karyawan Perusahaan,        the Company, including members of the BOC.
termasuk anggota-anggota BOC. Untuk itu kami             For this reason, we are open to every report and
membuka diri terhadap setiap laporan dan dugaan          alleged deviation from Corporate Governance in
penyimpangan terhadap Governansi Perusahaan              ways that are known to all stakeholders of the
dengan cara-cara yang telah diketahui oleh semua         Company.
pemangku kepentingan Perusahaan.

Bersama dengan Komite Audit, kami memastikan             Together with the Audit Committee, we ensure
sistem pengendalian internal telah berjalan efektif.     that the internal control system is running
Sistem tersebut memungkinkan kami untuk                  effectively. This system allows us to monitor every
memantau setiap proses bisnis yang dilakukan,            business process carried out, provide reports
memberikan laporan secara akurat dan tepat               accurately and on time and allow the Directors
waktu dan memungkinkan Direksi serta para                and those responsible to make relevant decisions.
penanggung jawab untuk mengambil keputusan
yang relevan.

Kami juga memastikan manajemen risiko                    We also ensure that risk management was
diimplementasikan dengan tegas. Berdasarkan              implemented firmly. Based on the evaluation
evaluasi yang dilakukan, kami menilai bahwa              conducted, we assess that the existing risk
sistem manajemen risiko yang ada telah                   management system has succeeded in
berhasil mengidentifikasi risiko-risiko potensial        identifying potential risks before they have a
sebelum mengakibatkan dampak signifikan bagi             significant impact on the Company. We also
Perusahaan. Kami juga memastikan bahwa setiap            ensure that every identified risk has a mitigation
risiko teridentifikasi telah memiliki metode mitigasi.   method.

Bersama     dengan    Komite   Nominasi      dan         Together with the Nomination and Remuneration
Remunerasi, kami mengevaluasi efektivitas kinerja        Committee, we evaluate the effectiveness of the
Direksi dan anggota-anggota BOC. Berdasarkan             performance of the Directors and members of the
evaluasi tersebut, kami merekomendasikan                 BOC. Based on the evaluation, we recommend
kepada RUPS bahwa struktur Direksi dan BOC               to the GMS that the structure of the Directors
pada tahun ini masih memadai untuk pengelolaan           and BOC this year is still adequate for the
dan pengawasan Perusahaan.                               management and supervision of the Company.




                                                                                2024 ANNUAL REPORT         29
Page 30
     Laporan Kepada Pemangku Kepentingan




 Apresiasi dan Penutup                               Appreciation and Closing
 Mengakhiri laporan ini kami hendak memberikan       To conclude this report, we would like to express
 apresiasi  yang    sebesar-besarnya,   sehingga     our deepest appreciation, so that the Company’s
 masa depan Perusahaan kokoh dan mampu               future is strong and capable of facing any
 menghadapi kondisi apapun. Pertama-tama,            condition. First of all, we appreciate the Directors
 kami mengapresiasi Direksi untuk kerja keras        for their hard work in producing effective
 menghasilkan strategi-strategi yang efektif. Kami   strategies. We also appreciate all employees of
 pun mengapresiasi semua karyawan Perusahaan         the Company who have devoted their time and
 yang telah mencurahkan waktu dan tenaga untuk       energy to increasing the Company’s value now
 meningkatkan nilai Perusahaan kini dan di masa      and in the future.
 depan.

 Apresiasi juga kami haturkan kepada para            We also express our appreciation to our
 konsumen kami yang telah dengan setia, tidak        consumers who have loyally, not only used
 hanya menggunakan produk-produk Perusahaan,         the Company’s products, but also shared their
 melainkan juga membagikan pengalaman                good experiences with the market at large. We
 baiknya kepada pasar secara luas. Kami juga         also thank the trust of shareholders and other
 berterima kasih atas kepercayaan pemegang           stakeholders that we cannot mention one by
 saham dan para pemangku kepentingan lainnya         one. We hope that this cooperation can continue
 yang tak dapat kami sebutkan satu persatu. Kami     and create benefits for future generations.
 berharap kerjasama ini dapat terus berlangsung
 dan menciptakan manfaat bagi generasi-generasi
 yang akan datang.




                                    Atas nama Dewan Komisaris,
                              On behalf of the Board of the Commissioners,




                                        MUKTAR WIDJAJA
                               Komisaris Utama | President Commissioner




30      LAPORAN TAHUNAN 2024
Page 31
 Report to Stakeholders            PT Duta Pertiwi Tbk




TANAMAS
GRAND
WISATA
                          Bekasi

                                   2024 ANNUAL REPORT    31
Page 32
03




PROFIL
PERUSAHAAN
COMPANY PROFILE [SEOJK 2.e]
Page 33
2024 LAPORAN TAHUNAN | ANNUAL REPORT        PT DUTA PERTIWI TBK




         Artist’s
      Impression    Grand Wisata • Bekasi
Page 34
     Profil Perusahaan




 INFORMASI PERUSAHAAN
 Company Information



     Nama Perusahaan [SEOJK 2.e.1]
     Company Name                      PT Duta Pertiwi Tbk *)


     *)   Perusahaan belum pernah melakukan perubahan nama Perusahaan selama menjalankan usaha.
          The Company has never changed the Company’s name since it started operations.




                                     ITC Mangga Dua                  +62 21 601 9788 (hunting)
     Alamat Kantor Pusat             7- 8 th Floor                   +62 21 601 7039
     Head Office Address             Jl. Mangga Dua Raya             corporate.secretary@sinarmasland.com
     [SEOJK 2.e.2] [ACGS C.7.2]      Jakarta Utara                   www.sinarmasland.com
                                     14430 Indonesia                 www.dutapertiwi.com


                                     Sinar Mas Land Plaza
     Alamat Korespondensi            Grand Boulevard
     Correspondence Address          BSD Green Office Park
     [SEOJK 2.e.2]                   BSD City                        +62 21 50 368 368
                                     Tangerang 15345                 +62 21 50 588 270


                                     Susan
     Sekretaris Perusahaan
     Corporate Secretary                                             susan.wtj@sinarmasland.com
                                      +62 21 50 368 368
                                      +62 21 50 588 270             corporate.secretary@sinarmasland.com

                                     Ricardo Arif Dharmawan
     Hubungan Investor
     Investor Relations                                              ricardo.dharmawan@sinarmasland.com
     [ACGS C.10.1]                    +62 21 50 368 368
                                      +62 21 50 588 270

     Bidang Usaha
                                     Real Estat / Properti • Real Estate / Property
     Business Sector

     Tanggal Pendirian
                                     29 Desember 1972 • December 29th, 1972
     Date of Establishment

     Tanggal Pencatatan di BEI
                                     2 November 1994 • November 2nd, 1994
     Date of Listing on the BEI

     Jumlah Karyawan
                                     1.188 Karyawan Employees
     Number of Employees

     Modal Dasar
                                     Rp1.500.000.000.000,- IDR
     Authorized Capital

     Modal Disetor dan Ditempatkan
                                   Rp925.000.000.000,- IDR
     Issued and Paid-Up Capital


     Kepemilikan Saham               PT Bumi Serpong Damai Tbk               92,38%
     Shares Ownership                Masyarakat • Public                      7,62%




34        LAPORAN TAHUNAN 2024
Page 35
   Company Profile                                                           PT Duta Pertiwi Tbk




RIWAYAT SINGKAT
PERUSAHAAN
Brief History of the Company
[SEOJK 2.e.3]



Dasar Hukum Pendirian                                Legal Basis of Establishment
PT Duta Pertiwi didirikan dengan Akta No.237         PT Duta Pertiwi was established based on Notarial
tanggal 29 Desember 1972 yang dibuat di              Deed No.237, dated December 29th, 1972, drawn
hadapan Mohamad Said Tadjoedin, S.H.,                up before Notary Mohamad Said Tadjoedin, S.H.,
Notaris di Jakarta. Akta Pendirian tersebut          Notary in Jakarta. The Deed of Incorporation was
telah memperoleh pengesahan dari Menteri             subsequently ratified by the Minister of Justice of
Kehakiman RI berdasarkan Surat Keputusan             RI by Decree No.Y.A.5/116/20, dated May 4th, 1973
No.Y.A.5/116/20 tanggal 4 Mei 1973 dan telah         and published in the State Gazette of RI No.94,
diumumkan dalam Berita Negara RI No.94               dated November 25th, 1986, Supplement No.1441.
tanggal 25 November 1986, Tambahan No.1441.

Perubahan Anggaran Dasar [ACGS App A.2.1]            Amendment of Articles of Association
AD Perusahaan telah mengalami beberapa               The Company’s AoA has experienced several
kali perubahan, terakhir berdasarkan Akta            changes. The latest of which was executed in
Pernyataan Keputusan RUPSLB No.1 tanggal             accordance with the Deed of EGMS Resolution
1 Juli 2022, dibuat oleh Notaris Syarifudin SH,      Statement No.1 dated July 1st, 2022, made by
Notaris di Tangerang. Perubahan ini telah            Notary Syarifudin SH, a Notary in Tangerang.
mendapatkan Surat Persetujuan Perubahan AD           This amendment has received the Approval
dari Menteri Hukum dan Hak Asasi Manusia RI          Letter of AoA Amendment from the Ministry
dan telah diterima serta dicatat berdasarkan Surat   of Law and Human Rights of RI and has been
Penerimaan Pemberitahuan Perubahan AD dari           duly acknowledged and recorded, as indicated
Kementerian Hukum dan Hak Asasi Manusia RI           in the Letter of Receipt of Notification of AoA
No.AHU-0045588.AH.01.02.Tahun 2022 tanggal 4         Amendment from the Ministry of Law and
Juli 2022.                                           Human Rights of RI No.AHU-0045588.AH.01.02
                                                     dated July 4th, 2022.




                                                                            2024 ANNUAL REPORT         35
Page 36
     Profil Perusahaan




 TENTANG PERUSAHAAN
 About the Company




 Perusahaan adalah pengembang properti                The Company is a prominent property developer
 terkemuka yang memiliki portofolio produk            with a diverse product portfolio that encompasses
 yang luas, mulai dari kota mandiri, residensial,     townships, residential, commercial spaces,
 commercial, perkantoran dan arena rekreasi di        office buildings and recreational arenas across
 3 kota besar di Indonesia. Perusahaan juga telah     three major cities in Indonesia. Additionally, the
 mengembangkan area komersial dengan brand            Company has successfully developed commercial
 ITC yang telah dikenal sampai manca negara.          areas under the renowned ITC brand, which
                                                      enjoys international recognition.

 Perusahaan kini memiliki cadangan lahan              Currently, the Company maintains strategic
 strategis di Jabodetabek, Semarang dan               land reserves in Greater Jakarta, Semarang and
 Surabaya. Perusahaan telah mengembangkan             Surabaya. Among its many projects are Klaska
 banyak proyek, termasuk Klaska Residence di          Residence in Surabaya, Aerium Apartment and
 Surabaya, Apartment Aerium dan Apartment             Southgate Apartment in Jakarta, Grand Wisata
 Southgate di Jakarta, Grand Wisata di Bekasi,        in Bekasi, Kota Wisata and Legenda Wisata
 Kota Wisata dan Legenda Wisata di Cibubur            in Cibubur, as well as Taman Banjar Wijaya in
 dan Taman Banjar Wijaya di Tangerang.                Tangerang.

 Sebagai Entitas Anak dari PT Bumi Serpong            As a subsidiary of PT Bumi Serpong Damai Tbk
 Damai Tbk (BSDE) -- pengembang properti              (BSDE), the leading, largest and most diversified
 terunggul, terbesar dan paling terdiversifikasi di   property developer in Indonesia – and as the owner
 Indonesia -- serta sebagai pemilik jejak rekam       of a long track record, the Company is uniquely
 yang panjang, Perusahaan secara unik dilengkapi      equipped with advantages that enable it to align




36      LAPORAN TAHUNAN 2024
Page 37
  Company Profile                                                             PT Duta Pertiwi Tbk




                                        Artist’s Impression   YARA at The Kaia • Grand Wisata • Bekasi




dengan keunggulan untuk membangun proyek-          its projects with market demands. Consequently,
proyeknya sesuai dengan kebutuhan pasar.           each of the Company’s developments features a
Karenanya, semua proyek Perusahaan memiliki        distinctive concept and character, enhancing the
konsep dan karakter yang khas dan menjadi nilai    value for both the location and its users.
tambah baik bagi lokasi maupun penggunanya.

Grand Wisata, misalnya, salah satu dari kota       Grand Wisata is a prime example of the Company’s
mandiri Perusahaan telah menjadi “the next new     township, having emerged as “the next new city”
city” di timur Jakarta. Kota mandiri Perusahaan    in the east of Jakarta. Another notable township,
lainnya, yaitu Kota Wisata, juga kini menjadi      Kota Wisata, has transformed into a premier
destinasi hiburan dengan dioperasikannya Living    entertainment destination, following the opening
World Kota Wisata, salah satu mal terbesar di      of Living World Kota Wisata, one of the largest
bagian timur Jakarta. Pembukaan ini tentu akan     mall in east Jakarta. The opening will certainly
meningkatkan daya tarik bagi para penghuni dan     attract tenants and the surrounding community
masyarakat di sekitarnya.                          significantly.

Saham Perusahaan tercatat di BEI (dahulu           The Company’s shares were initially listed on
BES) pada tanggal 2 November 1994, dengan          the BEI (formerly BES) on November 2nd, 1994,
kode BEI: DUTI. Pada tahun 2010, Perusahaan        under the BEI code: DUTI. In 2010, the Company
diakuisisi oleh BSDE yang kini memiliki 92,38%     was acquired by PT Bumi Serpong Damai Tbk
saham Perusahaan dan sisanya dimiliki oleh         (BSDE), which currently holds 92.38% of the
publik. Sebanyak 1.850.000.000 lembar saham        Company’s shares, with the remaining owned
tercatat pada tanggal 31 Desember 2024 dengan      by the public. As of December 31st, 2024, a total
kapitalisasi pasar Rp6,70 triliun.                 of 1,850,000,000 shares were listed, resulting in a
                                                   market capitalization of IDR6.70 trillion.


                                                                             2024 ANNUAL REPORT          37
Page 38
     Profil Perusahaan




 VISI, MISI DAN
 NILAI-NILAI KAMI
 Our Vision, Mission and Values
 [SEOJK 2.e.4]



 Visi, Misi dan Nilai-nilai ini telah ditetapkan melalui   The Vision, Mission and Values were established
 Surat Keputusan Direksi dan telah mendapatkan             through the Decree of the Directors and
 persetujuan dari BOC melalui surat No.002/DIR/            subsequently approved by the BOC, as
 DP/XII/2015 tanggal 7 Desember 2015. Pada saat            documented in letter No.002/DIR/DP/XII/2015 dated
 penyusunan Laporan Tahunan ini, Direksi telah             December 7th, 2015. During the preparation of this
 melakukan kajian atas relevansi Visi, Misi dan            Annual Report, the Directors conducted a review
 Nilai-nilai ini dan menilai Visi, Misi dan Nilai-nilai    of the relevance of these guiding principles and
 Perusahaan masih tetap relevan dengan strategi            determined that the Company’s Vision, Mission
 dan kebutuhan operasional Perusahaan.                     and Values are still relevant to the Company’s
 [ACGS D.1.4] [ACGS D.1.5]                                 strategic objectives and operational requirements.




       VISI KAMI
       Our Vision                                              Menjadi pemenang dalam pasar
                                                               yang kompetitif dengan fokus
                                                               pada kepuasan pelanggan dan
                                                               profesionalisme.

                                                               To be the winner in the competitive
                                                               market by prioritizing customer
                                                               satisfaction and upholding the
                                                               highest standards of professionalism.




                                                                              MISI KAMI
      Membangun untuk perkembangan
                                                                                Our Mission
      kualitas hidup dan aktivitas ekonomi


      To build for the development of
      the quality of life and economic
      activity




38       LAPORAN TAHUNAN 2024
Page 39
   Company Profile                                           PT Duta Pertiwi Tbk




NILAI-NILAI KAMI
Our Values

INTEGRITAS                    SIKAP POSITIF               KOMITMEN
Integrity                     Positive Attitude           Commitment



Bertindak sesuai              Menampilkan perilaku        Melaksanakan pekerjaan
ucapan, janji sehingga        yang mendukung              dengan sepenuh hati
dapat menumbuhkan             terciptanya lingkungan      untuk mencapai hasil
kepercayaan pihak lain.       kerja yang saling           terbaik.
                              menghargai dan kondusif.
To put statements or                                      To perform our work
promises into action so       To display encouraging      wholeheartedly to achieve
that one can earn the trust   behavior towards the        the best result.
of our stakeholders.          creation of mutually
                              respectful and conducive
                              work environment.




PERBAIKAN                     INOVASI                     SETIA
BERKELANJUTAN                 Innovation                  Loyalty
Continuous Improvement
                              Memunculkan gagasan         Menumbuhkembangkan
Meningkatkan                  atau menciptakan produk     semangat untuk
kemampuan atau                atau alat kerja atau        mengerti, memahami
kapasitas diri, unit kerja    sistem kerja baru yang      dan melaksanakan nilai-
dan organisasi secara         dapat meningkatkan          nilai Perusahaan sebagai
terus menerus tanpa batas     produktivitas dan           bagian dari keluarga besar
untuk mencapai hasil          pertumbuhan Perusahaan.     Perusahaan.
terbaik.
                              To actively develop         To cultivate the spirit of
To continuously enhance       innovative solutions to     knowing, understanding
the capability of oneself,    create product or work      and implementing the
the working unit and the      tools and system, thereby   Company’s core values as
organization to obtain the    increasing the Company’s    part of the Company’s big
best results.                 productivity and growth.    family.




                                                            2024 ANNUAL REPORT         39
Page 40
      Profil Perusahaan



                                                                                         KEGIATAN USAHA

  BISNIS KAMI                                                                            Business Activities
                                                                                         [SEOJK 2.e.5][ACGS C.2.1]


  Our Business                                                                           Mengacu pada AD terakhir yang ditetapkan
                                                                                         dengan akta No. 1 tanggal 1 Juli 2022, Perusahaan
                                                                                         menjalankan usaha dalam rangka mencapai
                                                                                         maksud dan tujuan tersebut, sebagai berikut:

                                                                                         Referring to the latest AoA as stipulated in the
  *) Kegiatan usaha yang dilakukan oleh
     Perusahaan pada tahun buku 2024.                                                    deed No.1 dated July 1st, 2022, the Company
     Business activity carried out by the                                                conducts its operations with the aim of achieving
     Company in 2024 fiscal year.
                                                                                         its goals and objectives, as follows:
                                                                      Konstruksi Bangunan Sipil               Konstruksi Bangunan                     Konstruksi Bangunan Sipil
Konstruksi Gedung Hunian                                              Lainnya YTDL                            Sipil Elektrikal
                                        Penyiapan Lahan                                                                                               Jembatan, Jalan Layang,
Residential Building                                                  Construction of Other Civil             Construction of Electrical Civil
                                        Site Preparation                                                                                              Fly Over dan Underpass
Construction                                                          Building YTDL                           Building                                Construction of Civil Buildings
                                                                                                                                                      of Bridges, Flyovers and
                                        Konstruksi Gedung Tempat      Penyelesaian Konstruksi                 Pembuatan/Pengeboran                    Underpasses Construction
Konstruksi Gedung                       Hiburan dan Olahraga          Bangunan Lainnya                        Sumur Air Tanah
Perkantoran                             Entertainment and Sports      Completion of Other Building            Groundwater Well
Office Building Construction            Venue Building Construction   Construction                            Construction/Drilling                   Konstruksi Jaringan Irigasi,
                                                                                                                                                      Komunikasi dan Limbah
                                                                                                                                                      Lainnya
Konstruksi Gedung Belanja               Konstruksi Gedung Lainnya                                             Konstruksi Bangunan Sipil               Construction of Irrigation,
Shopping Mall Construction              Other Building Construction   Konstruksi Jaringan                     Telekomunikasi untuk                    Communication and Other
                                                                      Irigasi dan Drainase                    Prasarana Transportasi                  Waste Networks
                                                                      Construction of Irrigation and          Construction of Telecom-
Konstruksi Gedung                       Konstruksi Bangunan                                                   munication Civil Buildings for
Penginapan                              Sipil Jalan                   Drainage Network                                                                Konstruksi Bangunan Sipil
                                                                                                              Transportation Facilities
Lodging Building                        Road Civil Building                                                                                           Prasarana dan Sarana Sistem
Construction                            Construction                                                                                                  Pengolahan Limbah Padat,
                                                                                                                                                      Cair dan Gas
                                                                      Konstruksi Bangunan Sipil               Konstruksi Sentral                      Civil Building Construction of
                                                                      Pengolahan Air Bersih                   Telekomunikasi                          Solid, Liquid and Gas Waste
             Konstruksi Construction                                  Civil Building Construction of          Telecommunication                       Treatment System
                                                                      Clean Water Treatment                   Center Construction                     Infrastructure Facilities



              Real Estat Real Estate *)                                                                                 Perdagangan Besar atas Dasar
                                                                                                                         Balas Jasa (Fee) atau Kontrak
Real Estat atas Dasar Balas Jasa           Real Estat yang Dimiliki
(fee) atau Kontrak                         Sendiri atau Disewa                                                             Wholesale Trade on a Fee
Real Estate on a Fee or
Contract Basis
                                           Self-owned or Leased
                                           Real Estate
                                                                                                                                or Contract Basis


Kawasan Industri Industrial Estates                                                                                        Taman Rekreasi Recreation Park
                                                                                                                         Aktivitas Taman Bertema atau
                                                                                                                         Taman Hiburan Lainnya                     Taman Rekreasi
                                                                                                                         Theme Park or Other                       Amusement Park
           Dekorasi Decoration                                                                                           Amusement Park Activities


Dekorasi Interior                  Dekorasi Eksterior
Interior Decoration                Exterior Decoration
                                                                                                                                       Aktivitas Activities
                                                                                                                         Aktivitas Perawatan dan          Aktivitas Konsultasi
                                                                                                                         Pemeliharaan Taman               Manajemen Lainnya
   Treatment Air Water Treatment                                                                                         Park Cares and Maintenance       Other Management
                                                                                                                         Service Activities               Consultancy Activities
Aktivitas Penunjang        Penampungan, Penjernihan                                                                      Aktivitas Perparkiran di Luar Badan Jalan (off-street parking)
Pengolahan Air             dan Penyaluran Air Minum                                                                      Off-street Parking Activities
Water Treatment            Collection, Purification and
Support Activities         Distribution of Drinking Water

                                                                                                                                Industri Barang Anyaman
                                                                                                                                  Woven Goods Industry
            Instalasi Installation                                                                                    Industri Barang anyaman        Industri Kerajinan Ukiran dari
                                                                                                                      dari Rotan dan Bambu           kayu bukan mebeller
                                                                                                                      Rattan and bamboo Woven        Woven Goods Industry from
Instalasi Saluran Air              Instalasi Listrik                                                                                                 Non-Rattan and Bamboo Plants
Plumbing Installation              Electrical Installation                                                            Industry


Instalasi Minyak dan Gas           Instalasi Telekomunikasi                                                                       Industri Barang Anyaman dari Tanaman Bukan
Oil and Gas Installation           Telecommunication                                                                                            Rotan dan Bambu
                                   Installation                                                                                        Non-furniture Wood Craft Industry


          Instalasi Konstruksi Lainnya YTDL
         Other Construction Installations YTDL
                                                                                                                            Fasilitas Olahraga
                                                                                                                              Sports Facilities
                                                                                                    Fasilitas Gelanggang /Arena                  Fasilitas Lapangan
               Rumah / Warung Makan F&B                                                             Sports Arena Facilities                      Field Facilities

                                                                                                                      Pengelolaan Fasilitas Olahraga Lainnya
Restoran Restaurant            Rumah/Warung Makan Houses/Eating Stalls                                                 Management of Other Sports Facilities




40           LAPORAN TAHUNAN 2024
Page 41
   Company Profile                                                              PT Duta Pertiwi Tbk



WILAYAH OPERASIONAL
Operational Areas
[SEOJK 2.e.6]


Perusahaan selalu mempertimbangkan potensi              The Company firmly believes in the market
pasar dari setiap lokasi yang dikembangkannya.          potential of each location it develops. Our
Kami memiliki lokasi pengembangan proyek                significant project developments are situated in
yang signifikan di Jabodetabek, Semarang dan            Greater Jakarta, Semarang and Surabaya. These
Surabaya. Kota-kota ini memiliki peran strategis        cities play a strategic role in both the national
di dalam ekonomi dan politik nasional.                  economy and political landscape.




Tersebar di 3 Kota Besar
di Indonesia

Diversified Operations Across
3 Major Cities in Indonesia



                                                              – Wisata Bukit Mas         Surabaya
 – Grand Wisata - Bekasi        Greater Jakarta
 – Go!Wet Water Park,                                         – ITC Surabaya
   Grand Wisata - Bekasi                                      – Klaska Residence
 – Kota Wisata - Cibubur                                      – Landbank (Benowo Industrial Estate)
 – Living World Kota Wisata - Cibubur
 – ARTOTEL Living World Kota Wisata - Cibubur
 – Legenda Wisata - Cibubur
                                                              – DP Mall                  Semarang
 – Kota Bunga - Bogor
                                                              – Rooms Inc.
 – Taman Permata Buana - Jakarta
 – Taman Banjar Wijaya - Tangerang
 – Landbank (Duri Pulo - Jakarta, Jatiasih - Cibubur)

                                                              – Sinar Mas Land Plaza
 – ITC Mangga Dua - Jakarta                                     Tower 2 & 3 - Jakarta
 – ITC Cempaka Mas - Jakarta                                  – Cashbac (d/h Dimo Space) - Jakarta
 – ITC Roxy Mas - Jakarta                                     – Sopo Del Tower - Jakarta
 – ITC Permata Hijau - Jakarta
 – ITC Fatmawati - Jakarta
 – ITC Depok - Depok
 – ITC Kuningan - Jakarta
 – Mall Ambassador - Jakarta
 – Apartment Southgate - Jakarta
 – Apartment Aerium - Jakarta




                                                                                2024 ANNUAL REPORT      41
Page 42
     Profil Perusahaan




                         PRODUK-PRODUK PERUSAHAAN
                         Company Products [SEOJK 2.E.5]




     Sales
                                                                                               Recurring
     Development
                                                                                               Revenues
     Revenues

     City & Urban    Gated/Cluster         Vertical            Office         Malls and           Hotel &
     Development      Residential         Residential         Buildings      Superblocks          Leisure




                                    Jabodetabek
                                                               Semarang                    Surabaya
                                   Greater Jakarta




                    » Landed Residential                                   » International Trade Center (ITC)
                    » Shop Houses                                          » Shopping Mall
                    » Industrial Estate                                    » Office Building
                    » Commercial Lots                                      » Estate Management
                    » Apartments                                           » Hotel




 Sebagai pengembang properti terkemuka,                   As the leading property developer, the
 Perusahaan      membangun     dan     mengelola          Company builds and manages diverse real
 berbagai jenis produk di berbagai lokasi                 estate products across strategic locations.
 stratejik. Lebih dari itu, Perusahaan juga               In addition, the Company also enhances the
 meningkatkan daya tarik lokasi-lokasi tersebut           attractiveness of those areas by developing
 melalui pengembangan infrastruktur yang                  sustainable infrastructures, including good
 berkelanjutan, mulai dari akses jalan yang baik,         road access, high-quality public transportation
 fasilitas transportasi umum berkualitas, serta           facilities and network for communication and
 jaringan untuk akses komunikasi dan internet.            internet access.

 Perusahaan mengembangkan produk-produk                   The Company develops products intended
 untuk dijual dan dikelola. Pengelolaan yang              for sale and managed. A critical aspect of
 baik atas produk-produk kelolaan seperti area            enhancing the value of these products lies in
 komersial dan perkantoran turut menjadi faktor           the effective management of managed assets,
 signifikan dalam peningkatan nilai tambah                such as commercial spaces and offices.
 produk-produk penjualan Perusahaan.

 Diversifikasi portofolio produk Perusahaan               The Company’s diversification of its product
 menggambarkan keseimbangan antara kinerja                portfolio demonstrates a strategic balance
 pertumbuhan dan stabilitas. Pendekatan ini               between growth and stable performance. This
 mengurangi risiko dari penurunan kinerja di              approach mitigates the risk of underperformance
 segmen-segmen tertentu dan mengoptimalkan                in specific segments while enhancing the benefits
 manfaat dari peningkatan dan stabilitas pada             with improvement and stability in others.
 segmen lainnya.


42       LAPORAN TAHUNAN 2024
Page 43
   Company Profile                                                         PT Duta Pertiwi Tbk



Portofolio produk tersebut telah terbukti pula      The product portfolio has demonstrated its ability
memberikan      keseimbangan    pada   kinerja      to achieve a balanced revenue performance, in
pendapatan, yaitu komposisi antara pendapatan       terms of the composition between product sales
dari penjualan produk dan pendapatan berulang       and recurring revenues.
(recurring revenues).

Secara konsisten, Perusahaan mengevaluasi           The Company regularly assesses this strategy
strategi ini dan menemukannya terbukti efektif      and determines it to be effective in navigating
menghantarkan kami dari berbagai situasi industri   diverse dynamic industrial circumstances,
yang penuh dinamika dan secara khusus pada          particularly during periods of disruption such
masa disrupsi seperti masa pandemi yang lalu.       as the past pandemic. We remain developing
Kami terus mengembangkan dan memperkuat             and strengthening this strategy with a range of
strategi tersebut dengan berbagai produk yang       products tailored to the market we are targeting.
dibutuhkan oleh pasar yang kami tuju.

Di segmen Penjualan, Perusahaan memiliki            In the Sales segment, the Company has
produk pengembangan kota terpadu, klaster           integrated a range of urban development
residensial, maupun produk residensial vertikal.    products, including residential clusters and
Secara lebih rinci, produk-produk itu terdiri       vertical residential products. In more detail,
dari rumah tapak, ruko, kawasan industri,           these products encompass landed houses,
lahan komersial dan apartemen. Perusahaan           shophouses, industrial estates, commercial land
memastikan pengembangan produk-produk               and apartments. The Company is dedicated to
ini berjalan sesuai dengan target yang telah        ensuring that the development of these products
ditetapkan sehingga dapat diterima oleh pembeli     aligns with the set targets, thereby facilitating
tepat pada waktunya.                                timely delivery to buyers.

Sementara di segmen Pendapatan Berulang,            Meanwhile, in the Recurring Revenues segment,
Perusahaan      memiliki portofolio gedung          the Company maintains a portfolio that includes
perkantoran, mal dan superblok serta hotel          office buildings, shopping malls and superblocks
dan arena rekreasi. Untuk jenis produk ini,         as well as hotels and recreation arenas. For
Perusahaan memiliki ITC, mal perbelanjaan,          this category of product, the Company owns
gedung perkantoran, pengelola gedung, hotel         ITC, shopping malls, office buildings, building
serta arena rekreasi.                               management, hotels as well as recreation
                                                    arenas.

Produk-produk Perusahaan dapat dibagi menjadi       The Company products can be categorized into
5 tipe:                                             five:
1. Perkotaan mandiri                                1. Township
2. Residensial                                      2. Residential
3. Commercial                                       3. Commercial
4. Manajemen Aset                                   4. Asset Management
5. Retail and Hospitality                           5. Retail and Hospitality


Informasi tentang produk-produk Perusahaan          Details regarding the Company’s products are
tersebut dapat ditemukan pada bagian selanjutnya.   available in the following section.




                                                                           2024 ANNUAL REPORT        43
Page 44
     Profil Perusahaan




 PERKOTAAN MANDIRI                                       TOWNSHIP
 Perusahaan membangun kota mandiri dengan                The Company develops townships that embody
 konsep-konsep unik, ramah lingkungan, sesuai            unique, eco-friendly concepts tailored to the
 dengan selera pasar yang dituju. Perusahaan             preferences of its target market. The Company
 telah berhasil mengembangkan dua kota                   has successfully developed two townships
 mandiri, yaitu Grand Wisata dan Kota Wisata. Kini,      namely Grand Wisata and Kota Wisata. Notably,
 Grand Wisata telah menjadi “The Next New City”          Grand Wisata has recently been recognized as
 di timur Jakarta.                                       “The Next New City” in the east of Jakarta.

 Grand Wisata yang mengusung konsep “Live,               Grand Wisata carries the concept of “Live, Play,
 Play, Work” menciptakan sinergi antara hunian           Work” promoting a harmonious integration
 yang indah dan aktivitas bisnis. Sementara              of exquisite residential and business activity.
 tagline Kota Wisata “Embracing Nature, Better           Meanwhile, the Kota Wisata tagline “Embracing
 Future”,   menggambarkan     pengembangan               Nature, Better Future” reflects the development
 kawasan hunian modern, dinamis serta                    of a modern, dynamic residential area, that
 harmonis yang menyatu dengan alam, serta                seamlessly harmonizes with nature, while
 pertumbuhan nilai investasi.                            enhancing its investment value.

 Di semua kota mandiri Perusahaan, penghuni              Throughout the Company’s townships, residents
 menikmati fasilitas hunian, komersial, hiburan          enjoy a wide array of comprehensive residential,
 dan layanan publik yang lengkap. Area publik            commercial,       entertainment    and    public
 yang luas dibangun sedemikian rupa untuk                service facilities. Expansive public spaces are
 mendukung       pertumbuhan       jasmani    dan        thoughtfully designed to promote the physical
 spiritual keluarga, sekaligus infrastruktur yang        and spiritual development of families, supported
 lengkap termasuk pusat pendidikan, kesehatan,           by a robust infrastructure including educational,
 perbelanjaan dan rekreasi. Infrastruktur kota           healthcare, shopping and recreational centers.
 mandiri dibangun secara strategis untuk                 The township’s infrastructure is strategically
 menciptakan      keterhubungan,     menawarkan          developed to enhance connectivity, offering
 penghuninya berbagai alternatif transportasi            residents a variety of convenient public
 publik yang nyaman dan memperpendek jarak               transportation options that minimize both
 dan waktu dari dan ke tempat kerja atau studi.          distance and travel time to work or study.
 Bahkan kini, Grand Wisata dan Kota Wisata telah         Currently, Grand Wisata and Kota Wisata benefit
 menikmati akses jalan tol dan LRT.                      from access to toll roads and LRT services.


                                  Hak pengembangan                                       Hak pengembangan
                                  Development Rights                                     Development Rights
                                  ±1.081 ha                                              ±918 ha
                                  Tanah yang belum                                       Tanah yang belum
                                  dikembangkan                                           dikembangkan
                                  Land for development                                   Land for development
                                  ±480 ha                                                ±160 ha




 GRAND                                                   KOTA
 WISATA                                                  WISATA
 Bekasi                                                  Cibubur




44        LAPORAN TAHUNAN 2024
Page 45
  Company Profile                                                        PT Duta Pertiwi Tbk



RESIDENSIAL                                       RESIDENTIAL
Perusahaan       memulai   bisnisnya   dengan     The Company commenced its operations with the
pengembangan bisnis perumahan di Taman            development of residential properties in Taman
Duta Mas. Kini, kami mengembangkan produk-        Duta Mas. Currently, we develop residential
produk residensial bagi berbagai segmen           products that cater to a variety of consumer
konsumen dengan berbagai kebutuhan dan            segments, each characterized by different needs,
selera, demografi dan psikografi yang berbeda-    preferences, demographics and psychographics.
beda. Hal ini berdampak penting terhadap desain   This plays a crucial role in shaping the marketing
strategi pemasaran dari masing-masing proyek.     strategy for each project.

Produk-produk yang dikembangkan di Grand          The products developed at Grand Wisata, Bekasi
Wisata, Bekasi menyasar keluarga mapan dengan     are designed for well-established families in
hunian bernuansa klasik dan dipadukan dengan      classic-style residences that harmoniously
design modern yang memiliki konsep abadi dan      integrate modern designs with timeless
mengikuti tren rumah modern masa kini.            concepts, all while aligning with current home
                                                  design trends.

Tahun ini, Grand Wisata meluncurkan the Kaia      This year, Grand Wisata launched the Kaia, in the
di lokasi paling premium, dekat dengan CBD        most premium location, adjacent to the CBD and
dan pintu tol Jakarta - Cikampek. Desainnya       the Jakarta - Cikampek toll gate. It represents
mencerminkan arsitektur modern dengan             modern architecture, seamlessly integrated with
lanskap alam yang menenangkan.                    a tranquil natural landscape.

Taman Banjar Wijaya di Tangerang menyasar pasar   Taman Banjar Wijaya targets the premium
premium yang ingin tinggal jauh dari keramaian.   market, who wants a serene living environment.
Sementara, Taman Permata Buana disukai oleh       Meanwhile, Taman Permata Buana is preferred
mereka yang mengingini hunian nyaman, asri        by those who wants comfortable, beautiful but
namun terjangkau di pusat Jakarta.                affordable at the center of Jakarta.

Ruang terbuka, ruang multi fungsi, modern,        The Company is actively advancing concepts such
luxury dan sustainable terus menjadi konsep       as open spaces, multifunctional areas, modernity,
yang dikembangkan oleh Perusahaan untuk           luxury and sustainability to align with market
merespon permintaan pasar. Sementara itu,         demand. Concurrently, every product offered by
fitur-fitur yang meningkatkan keselamatan dan     the Company incorporates standard features that
keamanan konsumen menjadi fitur standar di        prioritize consumer safety and security.
setiap produk Perusahaan.

Berikut adalah produk-produk residensial yang     The following are residential products developed
telah dikembangkan Perusahaan.                    by the Company.



                    ± 120 ha                          ± 97 ha                         ± 190 ha




TAMAN                            TAMAN                             LEGENDA
BANJAR                           PERMATA                           WISATA
WIJAYA                           BUANA
         Tangerang                          Jakarta                             Cibubur



                                                                                     Luas area | Area



                                                                         2024 ANNUAL REPORT        45
Page 46
     Profil Perusahaan




 COMMERCIAL                                          COMMERCIAL
 Produk-produk commercial Perusahaan meliputi        The Company’s commercial products include
 tanah dan/atau bangunan seperti apartemen,          land and/or buildings such as apartments,
 ruko, kios dan pergudangan. Pengembangan            shophouses, kiosks and warehouses. The
 produk-produk ini didasarkan kepada identifikasi    development of these products is based on a
 kebutuhan konsumen yang tinggal di sekeliling       comprehensive understanding of consumers’
 area commercial, sehingga memberikan nilai          needs within the surrounding commercial area,
 tambah baik kepada penghuni residensial             thus enhanced the added value to both the
 maupun pebisnis.       Area commercial yang         residents and business owners. Commercial
 mendekat kepada hunian dibangun di lokasi-          areas that are situated near to the residentials
 lokasi strategis yang dilalui para penghuni dan     area are strategically located to accommodate
 orang yang lalu lalang, namun juga dirancang        both residents and passersby, while also
 agar mereka tidak terganggu dengan lalu lintas      designed so that they aren’t distressed by the
 yang terlalu sibuk.                                 overcrowded traffic.

 Perusahaan juga mengembangkan produk-               The Company also develops commercial products
 produk commercial yang mendekat ke area             that are adjacent to other strategic areas such as
 strategis lainnya seperti pusat pendidikan hingga   educational centers and offices with significant
 perkantoran yang memiliki daya beli tinggi.         purchasing power.

 Tahun ini, kami juga terus berupaya meningkatkan    This year, we remain committed to enhancing
 daya tarik apartemen yang kami kembangkan.          the attractiveness of the apartments we develop.
 Apartment Aerium di Taman Permata Buana             The Aerium Apartment in Taman Permata
 kini menjadi apartemen ‘pet-friendly’ pertama       Buana has become the first ‘pet-friendly’
 di Jakarta Barat, yang secara aktif menjalin        apartment in West Jakarta, actively forming
 kemitraan strategis dengan klinik hewan dan         strategic partnerships with veterinary clinics and
 menyelenggarakan berbagai acara bertema             hosting a variety of pet-themed events.
 hewan peliharaan.

 Berikut beberapa hunian commercial yang telah       The following are several commercial residences
 dikembangkan Perusahaan.                            developed by the Company:




              ± 1,8 ha                ± 5,4 ha               ± 15.845 m2                 ± 3,2 ha




 APARTMENT                 APARTMENT                 DEVANT                     KLASKA
 AERIUM                    SOUTHGATE                 BUSINESS                   RESIDENCE
                                                     LOFT
                 Jakarta                 Jakarta                  Kota Wisata               Surabaya
                                                                  Cibubur


                                                                                        Luas area | Area




46      LAPORAN TAHUNAN 2024
Page 47
   Company Profile                                                                   PT Duta Pertiwi Tbk



MANAJEMEN ASET                                             ASSET MANAGEMENT
Perusahaan terus mengembangkan produk-                     The Company is persistently growing its asset
produk manajemen asetnya secara organik dan                management products, both organic and
anorganik untuk menjaga stabilitas kinerja.                inorganic, to ensure performance stability.

Produk-produk manajemen aset Perusahaan                    The Company’s asset management products
terdiri atas 2 (dua) bagian besar yaitu gedung             consist of 2 (two) major products, namely office
perkantoran dan ITC.                                       buildings and ITC.

GEDUNG PERKANTORAN                                         OFFICE BUILDINGS
Gedung      perkantoran       dirancang      untuk         The office buildings are designed to provide a
menawarkan nuansa modern dan state-of-                     modern and state-of-the-art ambiance. The
the-art. Perusahaan memilih pengembangan                   Company opts to develop office buildings in
gedung perkantoran di lokasi-lokasi stratejik dan          strategic and emerging locations to enhance
berkembang untuk meningkatkan daya tarik                   the attractiveness of its occupancy. Research
okupansinya. Kajian identifikasi dan pendekatan            studies and approaches to potential clients
kepada klien potensial, terbukti telah menciptakan         have proven the effectiveness of the Company’s
strategi pemasaran Perusahaan yang efektif.                marketing strategies.

Gedung-gedung yang dimiliki dan dikelola oleh              The buildings owned and managed by the
Perusahaan antara lain:                                    Company are as follows:



                  ± 77.797 m2                              ± 1.288 m2                             ± 2.754 m2




SINAR                                CASHBAC                                  SOPO DEL
MAS LAND                             (D/H DIMO                                TOWER
PLAZA 2 & 3                          SPACE)
               Jakarta                              Jakarta                                    Jakarta



                                                        Luas Area/Luas Area yang dapat disewa | Area/Rental Space




INTERNATIONAL TRADE CENTER (ITC)                           INTERNATIONAL TRADE CENTER (ITC)
International Trade Center (ITC) dirancang dan             The International Trade Center (ITC) is designed and
dikelola sebagai bangunan strata-title untuk               operated as a strata-title building to offer a varied
menciptakan pengalaman berbelanja produk-                  and enriching products shopping experience.
produk yang beragam.

Di era online ini, ITC tidak kehilangan relevansinya       In today’s digital era, ITC continues to be a key player
sebagai penyedia pengalaman berbelanja yang                in delivering exceptional shopping experiences. ITC
unik. ITC bekerja keras untuk menghadirkan foot            diligently focuses on attracting foot traffic, thereby
traffic ke ITC, yang akan meningkatkan transaksi bagi      increasing transaction volumes for its tenants.
para tenant. Kami mengoptimalkan penggunaan                We enhance our efforts through strategic use of
media sosial, situs web dan aplikasi ITC Privilege –       social media, our website and the ITC Privilege
yaitu aplikasi yang dirancang untuk mengakomodir           application—specifically designed to facilitate
informasi tenant dan mendorong para pemilik agar           tenant information access and promote familiarity
tidak asing dengan transaksi digital.                      with digital transactions for the tenants.



                                                                                    2024 ANNUAL REPORT           47
Page 48
     Profil Perusahaan




 Kami juga terus bekerjasama dengan berbagai             We maintain ongoing collaborations with a variety
 pihak, termasuk dengan Jakarta Experience Board         of stakeholders, including the Jakarta Experience
 dan jaringan operator hotel agar para pengunjung        Board and a network of hotel operators to ensure
 Jakarta menemukan pengalaman berbelanja yang            visitors to Jakarta enjoy a memorable shopping
 tak terlupakan. Kerjasama ke luar, kami imbangi         experience. Our external collaborations are
 dengan kerjasama dengan para tenant yang tak            complemented by strong partnerships with our
 kalah kuatnya. Para tenant mendukung program-           tenants. These tenants enhance our collaborative
 program kolaborasi ini dengan menyediakan               programs by offering various benefits, such as
 berbagai keuntungan, termasuk diskon, cashback          discounts, cashback and merchandise.
 dan merchandise.

 ITC juga memanfaatkan ruang-ruang yang masih            ITC also leverages its own spaces, as well as
 tersedia yang dimiliki sendiri maupun melalui           collaborative arrangements with tenants, to
 kerjasama dengan tenant untuk menghadirkan              create an engaging atmosphere. This includes
 kemeriahan. Beberapa di antaranya adalah kafe-          cafes that offer comfortable spots to relax and
 kafe yang menyediakan tempat beristirahat dan           wait, partnerships with new anchor tenants like
 menunggu, kerjasama dengan anchor tenant                Hapimart at ITC Cempaka Mas and an urban
 baru seperti Hapimart di ITC Cempaka Mas dan            lifestyle area currently being developed at ITC
 urban lifestyle space yang sedang dirancang di ITC      Permata Hijau.
 Permata Hijau.

                   ± 29.365 m2                          ± 14.799 m2                            ± 1.631 m2




 ITC                                ITC DEPOK                               ITC
 CEMPAKA                                                                    FATMAWATI
 MAS
                 Jakarta                              Depok                                Jakarta



                   ± 15.626 m2                          ± 4.343 m2                            ± 20.922 m2




 ITC                                MALL                                    ITC
 KUNINGAN                           AMBASSADOR                              MANGGA
                                                                            DUA
                 Jakarta                              Jakarta                              Jakarta



                   ± 22.917 m2                           ± 5.979 m2                           ± 36.477 m2




 ITC                                ITC ROXY                                ITC
 PERMATA                            MAS                                     SURABAYA
 HIJAU
                 Jakarta                              Jakarta                              Surabaya

                                                      Luas Area/Luas Area yang dapat disewa | Area/Rental Space



48      LAPORAN TAHUNAN 2024
Page 49
   Company Profile                                                         PT Duta Pertiwi Tbk



RETAIL AND HOSPITALITY                              RETAIL AND HOSPITALITY
Di segmen ini, Perusahaan memiliki serta            In this segment, the Company owns and
mengelola pusat-pusat perbelanjaan (mal),           manages shopping centers (malls), hotels and
hotel dan arena rekreasi.                           recreational arenas.

Pusat perbelanjaan yang dikembangkan selalu         The developed shopping centers consistently
mengutamakan kualitas hidup, mendorong              prioritize the quality of life, stimulate local
aktivitas perekonomian lokal, serta menciptakan     economic activity and foster vibrant and
komunitas yang aktif dan berkembang.                thriving communities.

Perusahaan melalui Entitas Anak, saat ini           The Company through its Subsidiary is working
bekerjasama dengan Kawan Lama Group                 together with Kawan Lama Group to develop
mengembangkan Living World di Kota Wisata.          and manage Living World at Kota Wisata. The
Mall yang dirancang dengan menerapkan nilai-        mall is designed to implement sustainability
nilai keberlanjutan, mulai dari efisiensi energi    values, starting from electricity efficiency,
listrik, penggunaan material ramah lingkungan       uses of environmentally friendly material, and
dan juga optimasi sistem pengairan ini              optimization of plumbing system and projected
diproyeksikan akan mulai operasional di awal        to start its operation in early 2024.
2024.

Perusahaan juga melanjutkan perluasan DP            The Company also continues the expansion of
Mall Semarang dan pada Desember 2024 sudah          DP Mall Semarang and in December it was in
pada tahap topping off. Sebagai lifestyle mall      the topping-off phase. As the first lifestyle mall
pertama dengan konsep ruang terbuka hijau           with green open space concept in Semarang,
di Semarang, DP Mall juga akan menghadirkan         DP Mall will also present an attractive rooftop
rooftop garden menarik yang dilengkapi              garden with various plants and trees. Currently,
berbagai tanaman dan pohon.      Saat ini, DP       the DP Mall expansion has attracted several
Mall Expansion telah menarik beberapa tenant        new tenants, while some existing ones are
baru. Beberapa tenant eksisting juga sedang         undergoing renovations. Furthermore, DP
melakukan renovasi. DP Mall Semarang juga           Mall Semarang has signed a cooperation
telah melakukan penandatanganan kerja sama          agreement with AEON Supermarket, marking
dengan AEON Supermarket yang akan menjadi           the first AEON location in Semarang city and
AEON pertama di kota Semarang, bahkan di            even Central Java.
Jawa Tengah.

Hotel yang dikembangkan oleh Perusahaan saat        The hotel currently under management by the
ini, dikenal dengan Rooms Inc. Dengan konsep        Company is known as Rooms Inc. Featuring
unik, Rooms Inc. terintegrasi dengan mal,           a unique concept, Rooms Inc. is integrated
menyasar kelompok milenial di lokasi strategis      with a shopping mall, targeting the millennial
di kota Semarang. Perusahaan bekerja sama           demographic in strategic locations within the
dengan agen perjalanan serta perusahaan-            city of Semarang. The Company partners with
perusahaan yang memiliki tingkat perjalanan         travel agents and corporations that engage in
bisnis yang tinggi.                                 a significant volume of business travel.

Tahun ini, melalui perusahaan ventura bersama,      This year, through its joint venture, the Company
Perusahaan juga telah topping off ARTOTEL           also had topping off ceremony of ARTOTEL
Living World, yaitu hotel butik dengan konsep       Living World, namely a boutique hotel with art
seni dan gaya hidup yang terintegrasi dengan        and lifestyle concept that is integrated with
Living World Kota Wisata, di Kota Wisata Cibubur.   Living World Kota Wisata, Kota Wisata Cibubur.


Perusahaan juga mengelola beberapa arena            The    Company       also   manages      several
rekreasi yang berada di bawah payung segmen         recreational arenas under the Retail and
Retail and Hospitality ini. Arena rekreasi kami     Hospitality segment. Our recreational arena
berupaya menawarkan pengalaman rekreasi             aims to provide a safe, engaging and continually




                                                                           2024 ANNUAL REPORT       49
Page 50
     Profil Perusahaan




 yang aman, menarik dan selalu baru dengan           refreshing experience at an affordable price
 harga terjangkau bagi keluarga muda. Berbagai       for young families. A range of promotional
 kegiatan promosi dilakukan bersama dengan           activities is conducted in collaboration with
 agen online dan sektor perbankan melalui kartu-     online agents and the banking sector through
 kartu perbankan.                                    banking cards.

 Produk Retail and Hospitality yang dimiliki         The Retail and Hospitality products owned and
 dan dikelola oleh Perusahaan dan Entitas Anak       managed by the Company and its Subsidiaries
 antara lain:                                        include:



                   ± 50.488 m2                         ± 7,5 ha                     ± 27.542 ha




 AEON MALL                        GO! WET                           DP MALL
 SOUTHGATE                        GRAND
                                  WISATA
                 Jakarta                           Bekasi                         Semarang



                    Kamar
                    Room    162                                                     ± 73.572 m2




 ROOMS INC.                                                         LIVING
                                         Luas Area/Luas Area
                                                                    WORLD KOTA
                                          yang dapat disewa
                                                                    WISATA
                 Semarang                Area/Rental Space                        Cibubur




50      LAPORAN TAHUNAN 2024
Page 51
      Company Profile                                                                                 PT Duta Pertiwi Tbk




STRUKTUR ORGANISASI
Organizational Structure
[SEOJK 2.e.7]



                               1    Dewan Komisaris
                                    The Board of Commissioners




        2    Komite Audit                                              3       Komite Nominasi dan Remunerasi
             Audit Committee                                                   Nomination and Remuneration Committee


                                     4      Direktur Utama
                                            President Director




                                       6     Wakil Direktur
                                             Utama
                                             Vice President
                                                                                Ketua Unit
        5    Ketua Unit
             Internal Audit
                                             Director                      7    Manajemen Risiko             8      Sekretaris
                                                                                                                    Perusahaan
                                                                                dan Keberlanjutan
             Head of Audit                                                      Head of Risk                        Corporate
             Internal Unit                                                      Management and                      Secretary
                                                                                Sustainability Unit




        9                     10                   11                             12                         13
         Direktur             Direktur              Direktur                       Direktur                    Direktur
         Keuangan             Operasional           Manajemen                      Pemasaran                   Pengembangan
         Finance              Operational           Aset                           Marketing                   Bisnis
         Director             Director              Asset                          Director                    Business
                                                    Management                                                 Development
                                                    Director                                                   Director


                Accounting                                       ITC                 Marketing                  Business Initiatives
 Finance                           Residential
                  & Tax                                                            Communication              Research & Development
                                                             Office
                Information                                 Buildings
     Legal                         Commercial
                Technology
                                                            Retail and                     Garis Koordinasi               Garis Pelaporan
                                                            Hospitality                    Coordination Line              Reporting Line



         Muktar Widjaja                                     Teky Mailoa
 1       Komisaris Utama                                3   Direktur Utama                              8         Susan
         President Commissioner                             President Director
         Franciscus Xaverius R.D.                                                                       9
         Wakil Komisaris Utama                              Prof. DR. Teddy Pawitra                               Lie Jani Harjanto
                                                        4   Ketua Chairman
         Vice President Commissioner
         Prof. DR. Teddy Pawitra &                          Muktar Widjaja &                            10
         Prof. DR. Susiyati Bambang Hirawan                 Franciscus Xaverius R.D.
         Komisaris Independen                               Anggota Member                                        Hongky J. Nantung
         Independent Commissioners                                                                      12
                                                        5   Hamina Ali
2        Prof. DR. Susiyati Bambang
         Hirawan                                                                                        11
         Ketua Chairwoman                               6   Lie Jani Harjanto                                     Teky Mailoa
         Rusli Prakarsa
         & Rudiantara                                   7   M. Reza Abdulmajid                          13        Handoko Wibowo
         Anggota Member



                                                                                                      2024 ANNUAL REPORT                51
Page 52
     Profil Perusahaan




 KEANGGOTAAN ASOSIASI
 Association Membership
 [SEOJK 2.e.8][ACGS B.2.1]



 Perusahaan aktif berpartisipasi dalam berbagai    The Company actively engages with multiple
 organisasi yang memiliki beragam inisiatif        organizations that undertake diverse initiatives
 dalam pengembangan industri dan penerapan         to advance the industry and promote the
 keuangan berkelanjutan, yaitu:                    sustainable finance, specifically:

 1. Anggota Perusahaan Pendiri Green Building      1. Member of the Founding Companies of Green
    Council Indonesia                                 Building Council Indonesia
 2. Persatuan Perusahaan Real Estate Indonesia     2. Indonesian     Real    Estate      Companies
                                                      Association
 3. Masyarakat Konservasi dan Efisiensi Energi     3. Indonesian      Energy     Efficiency   and
    Indonesia (MASKEEI)                               Conservation Society (MASKEEI)
 4. Asosiasi   Pengelola   Pusat    Perbelanjaan   4. The     Indonesian      Shopping      Center
    Indonesia (APPBI)                                 Management Association (APPBI)
 5. Asosiasi Emiten Indonesia (AEI)                5. Indonesian     Public   Listed     Companies
                                                      Association (AEI)
 6. Ikatan Ahli Bangunan Hijau Indonesia (IABHI)   6. Indonesian Green Building Expert Association
                                                      (IABHI)




52       LAPORAN TAHUNAN 2024
Page 53
  Company Profile                                                                         PT Duta Pertiwi Tbk




   PROFIL DIREKSI
   Profile of the Directors
   [SEOJK 2.e.9][ACGS C.2.5]




   Pada tahun ini, tidak ada perubahan dalam                   This year, there were no changes in the
   susunan Direksi yang terjadi setelah tahun                  composition of the Company’s Directors from
   buku 2024 hingga diterbitkannya Laporan                     the conclusion of the 2024 financial year up to
   Tahunan ini, yang adalah sebagai berikut:                   the publication of this Annual Report, which
   [SEOJK 2.e.9(h)] [SEOJK 2.e.11]                             is detailed as follows:




Dari kiri ke kanan             Hongky Jeffry Nantung - Direktur Director | Lie Jani Harjanto - Wakil Direktur Utama
From left to right :           Vice President Director | Teky Mailoa - Direktur Utama President Director |
                               Handoko Wibowo - Direktur Director



Masa jabatan mereka adalah sampai dengan                       Their term of office is until the closing of the AGMS
ditutupnya RUPST untuk tahun buku yang                         for the financial year ending December 31st, 2024.
berakhir pada tanggal 31 Desember 2024.




                                                                                         2024 ANNUAL REPORT           53
Page 54
     Profil Perusahaan




     TEKY MAILOA
     Direktur Utama
     President Director
     [SEOJK 2.e.9.a]


     Masa Jabatan – Serving period

                                                2022 – 2024

     Dasar Hukum Pengangkatan – Legal Basis of
     Appointment [SEOJK 2.e.9.f(1)]

                 RUPST 10 Juli 2020 AGMS July 10th, 2020


     Menjabat Sejak – Serving Since

                                                        2016

     Kewarganegaraan – Citizenship [SEOJK 2.e.9.d]

                                     Indonesia Indonesian

     Domisili – Domicile
                                                                –   Asisten Manajer – Project Planning and Control
                                                    Jakarta
                                                                    Tutor Saliba di Perini Corp., Los Angeles, USA
                                                                    (1991 - 1993)
     Gender
                                                                    Assistant Manager – Project Planning and
                                                                    Control Tutor Saliba at Perini Corp., Los Angeles,
                                             Laki-laki Male
                                                                    USA (1991 - 1993)
                                                                –   Project Planning and Scheduling di John R.
     Usia – Age [SEOJK 2.e.9.c]
                                                                    Hundley Inc., Orange County, USA (1990 - 1991)
                                                                    Project Planning and Scheduling at John R.
                                         61 tahun years old
                                                                    Hundley Inc., Orange County, USA (1990-1991)
     Riwayat Pendidikan – Education [SEOJK 2.e.9.e]

     –   Master’s Degree in Structure and Construction          Rangkap Jabatan – Concurrent Position
         Management, University of Wisconsin, Madison,          [SEOJK 2.e.9.f(2)]
         USA (1990)                                             – Wakil Presiden Komisaris dan anggota Komite
     –   Sarjana Teknik Sipil, Universitas Trisakti, Jakarta,     Nominasi dan Remunerasi (sejak 2015) PT Bumi
         Indonesia (1987)                                         Serpong Damai Tbk.
         Bachelor’s Degree in Civil Engineering, Trisakti         Vice President Commissioner and member of
         University, Jakarta, Indonesia (1987)                    Nomination and Remuneration Committee
     Pengalaman Profesional – Professional Experience             (since 2015) of PT Bumi Serpong Damai Tbk
     [SEOJK 2.e.9.f(3)]                                         – Direktur Utama PT Pembangunan Deltamas
                                                                  (sejak 1995)
     –   Direktur Utama (2016 - sekarang), Wakil Direktur         Presiden Director of PT Pembangunan Deltamas
         Utama (2010 - 2016), Direktur (2006 - 2010) dan          (since 1995)
         Deputy Direktur Treasury/Corporate Planning            Hubungan Afiliasi – Affiliation [SEOJK 2.e.9.g]
         PT Duta Pertiwi Tbk (1993 - 1995)
         President Director (2016 - present), Vice President
                                                                Hubungan dengan Pemegang Saham Utama/
         Director (2010 - 2016), Director (2006 - 2010) and
                                                                Pengendali:
         Deputy Director Treasury/Corporate Planning of
                                                                Wakil Presiden Komisaris PT Bumi Serpong
         PT Duta Pertiwi Tbk (1993 - 1995)
                                                                Damai Tbk dan sebagai Direktur masing-
     –   Wakil Presiden Direktur (2011 - 2013), Komisaris
                                                                masing di PT Paraga Artamida dan PT Ekacentra
         (2010 - 2011) dan Direktur (2003-2010) PT Bumi
                                                                Usahamaju.
         Serpong Damai Tbk.
                                                                Affiliation with the Major /Controlling Shareholders:
         Vice     President    Director    (2011   -   2013),
                                                                Vice President Commissioner of PT Bumi Serpong
         Commissioner (2010 - 2011) and Director
                                                                Damai Tbk and the Director of PT Paraga Artamida
         of    PT      Bumi      Serpong      Damai      Tbk
                                                                and PT Ekacentra Usahamaju.
         (2003 - 2010)
     –   Wakil Komisaris Utama (2016 - 2024), Direktur          Kepemilikan Saham Langsung dan Tidak
         Utama (2013 - 2016) dan Wakil Direktur Utama           Langsung – Direct and Indirect Share Ownership
         (1995 - 2013) PT Puradelta Lestari Tbk                 [ACGS C.1.3]
         Vice President Commissioner (2016 - 2024),
         President Director (2013 - 2016) and Vice President    Tidak Ada None
         Director (1995 - 2013) of PT Puradelta Lestari Tbk



54       LAPORAN TAHUNAN 2024
Page 55
Company Profile                                                                    PT Duta Pertiwi Tbk



LIE JANI HARJANTO
Wakil Direktur Utama
Vice President Director
[SEOJK 2.e.9.a]


Masa Jabatan – Serving period

                                        2022 – 2024

Dasar Hukum Pengangkatan – Legal Basis of
Appointment [SEOJK 2.e.9.f(1)]

            RUPST 10 Juli 2020 AGMS July 10th, 2020


Menjabat Sejak – Serving Since

                                                2010

Kewarganegaraan – Citizenship [SEOJK 2.e.9.d]

                              Indonesia Indonesian

Domisili – Domicile

                                             Jakarta

Gender                                                  Rangkap Jabatan – Concurrent Position
                                                        [SEOJK 2.e.9.f(2)]
                                     Wanita Female
                                                        – Direktur PT Bumi Serpong Damai Tbk (sejak 2010)
Usia – Age [SEOJK 2.e.9.c]                                Director of PT Bumi Serpong Damai Tbk
                                                          (since 2010)
                                 58 tahun years old     – Komisaris PT Suryamas Dutamakmur Tbk (sejak
                                                          November 2024)
Riwayat Pendidikan – Education [SEOJK 2.e.9.e]            Commissioner of PT Suryamas Dutamakmur Tbk
                                                          (since November 2024)
Sarjana Ekonomi, Universitas Trisakti, Indonesia
(1989)                                                  Hubungan Afiliasi – Affiliation [SEOJK 2.e.9.g]
Bachelor’s Degree in Economics, Trisakti University,
Indonesia (1989)                                        Hubungan dengan Pemegang Saham Utama/
                                                        Pengendali:
                                                        Direktur PT Bumi Serpong Damai Tbk.
Pengalaman Profesional – Professional Experience        Affiliation    with    the    Major/Controlling
[SEOJK 2.e.9.f(3)]                                      Shareholders:
                                                        Director of PT Bumi Serpong Damai Tbk
–   Direktur Utama (2013 - 2016) dan Wakil Direktur     Kepemilikan Saham Langsung dan Tidak
    Utama PT Duta Pertiwi Tbk (2011 - 2013)             Langsung – Direct and Indirect Share Ownership
    President Director (2013 - 2016) and Vice           [ACGS C.1.3]
    President Director of PT Duta Pertiwi Tbk (2011 -
    2013)                                               Tidak Ada None
–   Managing Director – Finance Sinar Mas Energy &
    Mining Division (2009 – 2010)
–   Managing Director-Finance Sinar Mas Forestry
    Division (2001 – 2009)
–   General Manager Property Management Sinar
    Mas Real Estate Divison (1992 – 2001)
–   Controller Manager Sinar Mas Real Estate
    Division (1992)
–   Corporate Internal Audit Manager (1988 – 1992)




                                                                                  2024 ANNUAL REPORT        55
Page 56
     Profil Perusahaan




     HONGKY JEFFRY NANTUNG
     Direktur
     Director
     [SEOJK 2.e.9.a]


     Masa Jabatan – Serving period

                                            2022 – 2024

     Dasar Hukum Pengangkatan – Legal Basis of
     Appointment [SEOJK 2.e.9.f(1)]

                 RUPST 10 Juli 2020 AGMS July 10th, 2020


     Menjabat Sejak – Serving Since

                                                   2010

     Kewarganegaraan – Citizenship [SEOJK 2.e.9.d]

                                  Indonesia Indonesian

     Domisili – Domicile

                                                Jakarta

     Gender
                                                           Rangkap Jabatan – Concurrent Position
                                          Laki-laki Male   [SEOJK 2.e.9.f(2)]

     Usia – Age [SEOJK 2.e.9.c]                            – Direktur Utama PT Puradelta Lestari Tbk (sejak
                                                             2016)
                                      62 tahun years old     President Director of PT Puradelta Lestari Tbk
                                                             (since 2016)
     Riwayat Pendidikan – Education [SEOJK 2.e.9.e]        – Wakil Direktur Utama PT Pembangunan
                                                             Deltamas (sejak 2013)
     Bachelor’s Degree in Engineering, University of         Vice President Director PT Pembangunan
     Wollongong, Australia (1990)                            Deltamas (since 2013)

                                                           Hubungan Afiliasi – Affiliation [SEOJK 2.e.9.g]

     Pengalaman Profesional – Professional Experience      Tidak Ada None
     [SEOJK 2.e.9.f(3)]
                                                           Kepemilikan Saham Langsung dan Tidak
                                                           Langsung – Direct and Indirect Share Ownership
     –   Deputy            Director        (2003       -
                                                           [ACGS C.1.3]
         2006)         dan         General       Manager
         PT Duta Pertiwi Tbk (2002 - 2003)                 Tidak Ada None
         Deputy Director (2003 - 2006) and General
         Manager at PT Duta Pertiwi Tbk (2002 - 2003)
     –   Direktur di PT Bumi Serpong Damai Tbk
         (2011 - 2015)
         Director at PT Bumi Serpong Damai Tbk
         (2011 - 2015)
     –   General Manager di PT Excelcomindo Pratama
         (1998 - 2002)
         General Manager at PT Excelcomindo Pratama
         (1998 - 2002)
     –   General Manager di Radjawali PDI Wisma Real
         Estate (1997 - 1998)
         General Manager at Radjawali PDI Wisma Real
         Estate (1997 - 1998)




56       LAPORAN TAHUNAN 2024
Page 57
Company Profile                                                                   PT Duta Pertiwi Tbk



HANDOKO WIBOWO
Direktur
Director
[SEOJK 2.e.9.a]


Masa Jabatan – Serving period

                                       2022 – 2024

Dasar Hukum Pengangkatan – Legal Basis of
Appointment [SEOJK 2.e.9.f(1)]

            RUPST 10 Juli 2020 AGMS July 10th, 2020


Menjabat Sejak – Serving Since

                                                2013

Kewarganegaraan – Citizenship [SEOJK 2.e.9.d]

                             Indonesia Indonesian

Domisili – Domicile

                                           Jakarta

Gender
                                                       Rangkap Jabatan – Concurrent Position
                                     Laki-laki Male    [SEOJK 2.e.9.f(2)]

Usia – Age [SEOJK 2.e.9.c]                             Tidak Ada None

                                 62 tahun years old    Hubungan Afiliasi – Affiliation [SEOJK 2.e.9.g]

Riwayat Pendidikan – Education [SEOJK 2.e.9.e]         Tidak Ada None

                                                       Kepemilikan Saham Langsung dan Tidak
Sarjana Ekonomi Jurusan Manajemen, Universitas         Langsung – Direct and Indirect Share Ownership
Krisnadwipayana, Jakarta, Indonesia (1986)             [ACGS C.1.3]
Bachelor’s Degree in Economics majoring in
Management from Krisnadwipayana University,            Tidak Ada None
Jakarta, Indonesia (1986)


Pengalaman Profesional – Professional Experience
[SEOJK 2.e.9.f(3)]

–   Bergabung dengan PT Bumi Serpong Damai Tbk
    (1987 - 2013)
    Joined PT Bumi Serpong Damai Tbk (1987 - 2013)
–   Analis keuangan di PT Bank Central Asia Tbk
    Financial analyst in PT Bank Central Asia Tbk




                                                                                 2024 ANNUAL REPORT      57
Page 58
     Profil Perusahaan




      PROFIL DEWAN KOMISARIS
      Profile of the Board of Commissioners
      [SEOJK 2.e.10][ACGS C.2.5]




      Pada tahun ini tidak ada perubahan pada                       This year, there were no changes in the
      susunan BOC yang terjadi setelah tahun buku                   composition of the Company’s BOC from the
      2024 hingga diterbitkannya Laporan Tahunan                    conclusion of the 2024 financial year up to
      ini, yang adalah sebagai berikut:                             the publication of this Annual Report, which
      [SEOJK 2.e.10(i)] [SEOJK 2.e.11]                              is detailed as follows:




 Dari kiri ke kanan (berdiri)            Muktar Widjaja [Komisaris Utama President Commissioner]
 From left to right (standing) :         Franciscus Xaverius R.D. [Wakil Komisaris Utama Vice President Commissioner]


 Dari kiri ke kanan (duduk)              Prof. DR. Teddy Pawitra [Komisaris Independen Independent Commissioner]
 From left to right (sitting             Prof. DR. Susiyati Bambang Hirawan [Komisaris Independen
 down) :                                 Independent Commissioner]



 Masa jabatan masing-masing anggota BOC                             The term of office of each member of the BOC is
 adalah sampai dengan ditutupnya RUPST untuk                        up to the conclusion of the AGMS for the financial
 tahun buku yang berakhir pada tanggal 31                           year ending December 31st, 2024.
 Desember 2024.


58       LAPORAN TAHUNAN 2024
Page 59
Company Profile                                                                            PT Duta Pertiwi Tbk



MUKTAR WIDJAJA
Komisaris Utama dan
Anggota Komite Nominasi dan Remunerasi
President Commissioner and
Member of the Nomination and Remuneration
Committee [SEOJK 2.e.10.a]

Masa Jabatan – Serving period

                                           2022 – 2024

Dasar Hukum Pengangkatan – Legal Basis of
Appointment [SEOJK 2.e.10.f(1)]

            RUPST 10 Juli 2020 AGMS July 10th, 2020


Menjabat Sejak – Serving Since

                       Komisaris Utama (2007)
                President Commissioner (2007)
Anggota Komite Nominasi dan Remunerasi (2015)
    Member of Nomination and Remuneration                    –   Direktur di PT Pabrik Kertas Tjiwi Kimia Tbk (1988 – 2006)
                             Committee (2015)                    Director of PT Pabrik Kertas Tjiwi Kimia Tbk (1988 – 2006)
                                                             –   Wakil Direktur (1990– 2005) dan Komisaris (1988 – 1990)
Kewarganegaraan – Citizenship [SEOJK 2.e.10.d]                   PT Indah Kiat Pulp & Paper Tbk
                                                                 Deputy Director (1990 – 2005) and Commissioner (1988
                                Indonesia Indonesian             – 1990) of PT Indah Kiat Pulp & Paper Tbk
Domisili – Domicile                                          Rangkap Jabatan – Concurrent Position
                                                             [SEOJK 2.e.10.f(3)]
                                                Jakarta
                                                             –   Presiden Komisaris PT Bumi Serpong Damai Tbk
Gender                                                           (sejak 2007)
                                                                 President Commissioner of PT Bumi Serpong Damai Tbk
                                        Laki-laki Male
                                                                 (since 2007)
Usia – Age [SEOJK 2.e.10.c]                                  –   Wakil Komisaris Utama PT Sinar Mas Agro Resources
                                                                 and Technology Tbk (SMART) (sejak 2008)
                                   70 tahun years old            Vice President Commissioner of PT Sinar Mas Agro
                                                                 Resources and Technology Tbk (SMART) (since 2008)
Riwayat Pendidikan – Education [SEOJK 2.e.10.e]              –   Direktur Sinarmas Land Ltd. (d/h AFP Properties Ltd.)
                                                                 (sejak 1997)
Sarjana Administrasi Bisnis, University of Concordia,            Director of Sinarmas Land Ltd. (d/h AFP Properties
Montreal, Canada (1976)                                          Ltd.) (since 1997)
Bachelor’s degree in Business Administration, –                  Chief Executive Officer Sinarmas Land Ltd. (d/h AFP
University of Concordia, Montreal, Canada (1976)                 Properties Ltd.) (sejak 2006)
                                                                 Chief Executive Officer of Sinarmas Land Ltd. (d/h AFP
Pengalaman Profesional – Professional Experience                 Properties Ltd.) (since 2006)
[SEOJK 2.e.10.f(3)]                                          –   Direktur Eksekutif dan Direktur Utama Golden Agri
                                                                 Resources Ltd (sejak 2018)
–   Direktur hingga Direktur Utama PT Duta Pertiwi Tbk           Executive Director and President Director of Golden
    (1988 – 2007)                                                Agri Resources Ltd (since 2018)
    Director to President Director of PT Duta Pertiwi Tbk
    (1988 – 2007)                                            Hubungan Afiliasi – Affiliation [SEOJK 2.e.10.g]
–   Direktur Utama PT Sinar Mas Agro Resources and
    Technology Tbk (SMART) (1992 – 2008)                     Hubungan dengan Pemegang Saham Utama/
    President Director of PT Sinar Mas Agro Resources and    Pengendali:
    Technology Tbk (SMART) (1992 – 2008)                     Muktar menjabat sebagai Presiden Komisaris PT Bumi
–   Direktur Utama Golden Agri Resources Ltd (2000 – 2018)   Serpong Damai Tbk dan Direktur Sinarmas Land
    President Director of Golden Agri Resources Ltd (2000    Limited (Singapura)
    – 2018)                                                  Affiliation with the Major/Controlling Shareholders:
–   Komisaris PT Sinar Mas Multiartha Tbk (1985 – 2005)      President Commissioner of PT Bumi Serpong
    Commissioner of PT Sinar Mas Multiartha Tbk (1985        Damai Tbk and Director of Sinarmas Land Limited
    – 2005)                                                  (Singapore)
–   Wakil Komisaris Utama PT Dian Swastatika Sentosa Tbk
    (2011 – 2013)                                            Kepemilikan Saham Langsung dan Tidak Langsung
    Vice President Commissioner of PT Dian Swastatika        – Direct and Indirect Share Ownership [ACGS C.1.3]
    Sentosa Tbk (2011 – 2013)
                                                             Tidak Ada None



                                                                                          2024 ANNUAL REPORT                  59
Page 60
     Profil Perusahaan




     FRANCISCUS XAVERIUS R.D.
     Wakil Komisaris Utama dan
     Anggota Komite Nominasi dan Remunerasi
     Vice President Commissioner and
     Member of the Nomination and Remuneration
     Committee [SEOJK 2.e.10.a]


     Masa Jabatan – Serving period

                                              2022 – 2024

     Dasar Hukum Pengangkatan – Legal Basis of
     Appointment [SEOJK 2.e.10.f(1)]

                 RUPST 10 Juli 2020 AGMS July 10th, 2020


     Menjabat Sejak – Serving Since

                       Wakil Komisaris Utama (2016)
                 Vice President Commissioner (2016)
      Anggota Komite Nominasi dan Remunerasi (2015)
          Member of Nomination and Remuneration
                                   Committee (2015)

     Kewarganegaraan – Citizenship [SEOJK 2.e.10.d]

                                    Indonesia Indonesian      –   Chief Engineering PT Putra Satria Prima
                                                                  (1986 - 1991)
     Domisili – Domicile
                                                              –   Koordinator Proyek Sipil PT Indulexco (1979 - 1985)
                                                   Jakarta        Civil Project Coordinator at PT Indulexco (1979 -
                                                                  1985)
     Gender
                                                              Rangkap Jabatan – Concurrent Position
                                            Laki-laki Male    [SEOJK 2.e.10.f(3)]

     Usia – Age [SEOJK 2.e.10.c]                              Presiden Direktur PT Bumi Serpong Damai Tbk
                                                              (sejak 2013)
                                        71 tahun years old    President Director of PT Bumi Serpong Damai Tbk
                                                              (since 2013)
     Riwayat Pendidikan – Education [SEOJK 2.e.10.e]
                                                              Hubungan Afiliasi – Affiliation [SEOJK 2.e.10.g]
     –   Sarjana Teknik Sipil, Jurusan Jalan Raya, Institut
         Teknologi Bandung, Indonesia (1994)                  Hubungan dengan Pemegang Saham Utama/
         Bachelor’s Degree in Civil Engineering, majoring     Pengendali:
         in Highway Engineering, Bandung Institute of         Presiden Direktur PT Bumi Serpong Damai Tbk
         Technology, Indonesia (1994)                         dan sebagai Direktur Utama masing-masing di
     –   Sarjana Teknik Sipil, Universitas Katolik            PT Paraga Artamida dan PT Ekacentra Usahamaju
         Parahyangan, Bandung, Indonesia (1981)               Affiliation with the Major/Controlling Shareholders:
         Bachelor’s Degree in Civil Engineering,              President Director of PT Bumi Serpong Damai Tbk
         Parahyangan Catholic University, Bandung,            and the President Director of PT Paraga Artamida
         Indonesia (1981)                                     and PT Ekacentra Usahamaju
     Pengalaman Profesional – Professional Experience
                                                              Kepemilikan Saham Langsung dan Tidak Langsung
     [SEOJK 2.e.10.f(3)]
                                                              – Direct and Indirect Share Ownership [ACGS C.1.3]
     –   Direktur Utama (2010 – 2013), Direktur (2004 –
         2010) dan Direktur Teknik dan Perencanaan PT         Tidak Ada None
         Duta Pertiwi Tbk (1994 – 2004)
         President Director (2010 – 2013), Director (2004 –
         2010) and Director of Engineering and Planning
         of PT Duta Pertiwi Tbk (1994 – 2004)
     –   Komisaris (2011 – 2013) dan Wakil Presiden
         Direktur PT Bumi Serpong Damai Tbk
         (2010 – 2011)
         Commissioner (2011 – 2013) and Vice President
         Director of PT Bumi Serpong Damai Tbk
         (2010 – 2011)
     –   General Manager PT Paraga Artamida (1992)



60       LAPORAN TAHUNAN 2024
Page 61
Company Profile                                                                 PT Duta Pertiwi Tbk



PROF. DR. TEDDY PAWITRA
Komisaris Independen dan
Ketua Komite Nominasi dan Remunerasi
Independent Commissioner and
Chairman of the Nomination and Remuneration
Committee [SEOJK 2.e.10.a][SEOJK 2.g.7]


Masa Jabatan – Serving period

                                       2022 – 2024

Dasar Hukum Pengangkatan – Legal Basis of
Appointment [SEOJK 2.e.10.f(1)]

           RUPST 10 Juli 2020 AGMS July 10th, 2020



Menjabat Sejak – Serving Since

                   Komisaris Independen (2003)
 & Ketua Komite Nominasi dan Remunerasi (2015)
 Independent Commissioner (2003) & Chairman
          of the Nomination and Remuneration
                              Committee (2015)

Pernyataan Independensi – Statement of
Independence [SEOJK 2.e.10.(h)]                       Riwayat Pendidikan – Education [SEOJK 2.e.10.e]
                                                      [ACGS D.2.22]
              Telah diperbaharui pada tahun 2024
                                 Renewed in 2024
                                                      –   Guru Besar Luar Biasa, Program Pascasarjana
Dasar Pengangkatan Perdana – Initial Legal
                                                          Ilmu Manajemen, Fakultas Ekonomi dan Bisnis,
Appointment [SEOJK 2.e.10(f)]
                                                          Universitas Indonesia (1990 - sekarang)
    RUPSLB 24 Juni 2003 EGMS on June 24th, 2003           Extraordinary Professor, Master Program in
                                                          Management from the Faculty of Economics
Kewarganegaraan – Citizenship                             and Business, the University of Indonesia (1990
                                                          - present)
                              Indonesia Indonesian    –   Doktor bidang Ilmu Ekonomi, Universitas
                                                          Airlangga, Surabaya (bekerjasama dengan
Domisili – Domicile                                       Erasmus University, Rotterdam) (1985)
                                                          Doctorate degree in Economics, Airlangga
                                           Jakarta        University, Surabaya (in cooperation with
                                                          Erasmus University, Rotterdam) (1985)
Gender                                                –   Master of Business Administration, University of
                                                          Minnesota, USA (1965)
                                     Laki-laki Male   –   Sarjana Ekonomi Umum dan Perusahaan,
                                                          Universitas Airlangga, Surabaya (1963)
Usia – Age [SEOJK 2.e.10.c]                               Bachelor’s Degree in General and Business
                                                          Economics, Airlangga University, Surabaya (1963)
                                 89 tahun years old




                                                                               2024 ANNUAL REPORT            61
Page 62
     Profil Perusahaan




 Pengalaman Profesional – Professional Experience      Rangkap Jabatan – Concurrent Position [SEOJK
 [SEOJK 2.e.10.f(4)]                                   2.e.10.f(3)]

 –   Ketua Komite Audit PT Duta Pertiwi Tbk            –   Komisaris Independen (sejak 2003) dan Ketua
     (2003 - 2011)                                         Komite Nominasi dan Remunerasi (sejak 2015)
     Chairman of the Audit Committee at PT Duta            di PT Bumi Serpong Damai Tbk
     Pertiwi Tbk (2003 - 2011)                             Independent Commissioner (since 2003) and
 –   Ketua Komite Audit PT Sinar Mas Agro Resources        Chairman of Nomination and Remuneration
     and Technology Tbk (SMART) (2002 - 2010)              Committee (since 2015) at PT Bumi Serpong
     Chairman of the Audit Committee at PT Sinar           Damai Tbk
     Mas Agro Resources and Technology Tbk             –   Komisaris Independen PT Puradelta Lestari Tbk
     (SMART) (2002 - 2010)                                 (sejak 2013)
 –   Komisaris Independen PT Pabrik Kertas Tjiwi           Independent Commissioner of PT Puradelta
     Kimia Tbk (2002 – 2007)                               Lestari Tbk (since 2013)
     Independent Commissioner of PT Pabrik Kertas      –   Komisaris Independen (sejak 2002) dan Ketua
     Tjiwi Kimia Tbk (2002 – 2007)                         Nominasi dan Remunerasi (sejak 2015) di
 –   Komisaris Independen PT Indah Kiat Pulp &             PT Sinar Mas Agro Resources and Technology
     Paper Tbk (2002 – 2007)                               Tbk (SMART)
     Independent Commissioner of PT Indah Kiat             Independent Commissioner (since 2002) and
     Pulp & Paper Tbk (2002 – 2007)                        Chairman of Nomination and Remuneration
 –   Komisaris Utama Bank Internasional Indonesia          Committee (since 2015) at PT Sinar Mas Agro
     (1999 – 2000)                                         Resources and Technology Tbk (SMART)
     President Commissioner of Bank International      –   Direktur Utama PT Swadayanusa Kencana
     Indonesia (1999 – 2000)                               Raharja (sejak 2001)
                                                           President Director of PT Swadayanusa Kencana
 –   Direktur Utama PT Star Engines Indonesia
                                                           Raharja (since 2001)
     (1984 – 1994)
     President Director of PT Star Engines Indonesia
     (1984 – 1994)                                     Hubungan Afiliasi – Affiliation [SEOJK 2.e.10.g]
 –   Direktur Utama PT Lima Satrya Nirwana
     (1984 – 1987)
     President Director of PT Lima Satrya Nirwana      Hubungan dengan Pemegang Saham Utama/
     (1984 – 1987)                                     Pengendali:
 –   Direktur      Utama     PT    German     Motors   sebagai Komisaris Independen PT Bumi Serpong
     Manufacturing (1979 – 1994)                       Damai Tbk
     President Director for PT German Motors           Affiliation with the Major/Controlling Shareholders:
                                                       Independent Commissioner of PT Bumi Serpong
     Manufacturing (1979 – 1994)
                                                       Damai Tbk
 –   Direktur Utama PT Star Motors Indonesia (1970 –
     1994)                                             Kepemilikan Saham Langsung dan Tidak
     President Director of PT Star Motors Indonesia    Langsung – Direct and Indirect Share Ownership
     (1970 – 1994)                                     [ACGS C.1.3]
 –   Direktur PT Gading Mas Surabaya (1966 – 1969)
     Director of PT Gading Mas Surabaya (1966 –        Tidak Ada None
     1969)
 –   Kantor Akuntan Drs. Utomo & Mulia (1965 – 1966)
     Public Accounting Firm Drs. Utomo & Mulia
     (1965 – 1966)




62      LAPORAN TAHUNAN 2024
Page 63
Company Profile                                                                   PT Duta Pertiwi Tbk




PROF. DR. SUSIYATI BAMBANG HIRAWAN
Komisaris Independen dan
Ketua Komite Audit
Independent Commissioner and
Chairwoman of the Audit Committee

[SEOJK 2.e.10.a][SEOJK 2.g.6]


Masa Jabatan – Serving period

                                         2020 – 2024

Dasar Hukum Pengangkatan – Legal Basis of
Appointment [SEOJK 2.e.10.f(1)]

            RUPST 10 Juli 2020 AGMS July 10th, 2020


Menjabat Sejak – Serving Since


                     Komisaris Independen (2007)
                      & Ketua Komite Audit (2012)
               Independent Commissioner (2007) &
         Chairwoman of the Audit Committee (2012)


Pernyataan Independensi – Statement of                 Riwayat Pendidikan – Education [SEOJK 2.e.10.e]
Independence [SEOJK 2.e.10.(h)]                        [ACGS D.2.22]
               Telah diperbaharui pada tahun 2024
                                                       –   Guru Besar Tetap Ekonomi dari Fakultas Ekonomi,
                                  Renewed in 2024
                                                           Universitas Indonesia, Jakarta (2006)
Dasar Pengangkatan Perdana – Initial Legal                 Professor of Economics from Faculty of Economics,
Appointment [SEOJK 2.e.10(f)]                              University of Indonesia, Jakarta (2006)
                                                       –   Doctor of Philosophy dari School of Public Policy,
RUPST tanggal 15 Juni 2007 AGMS on June 15th, 2007         University of Birmingham, Inggris (1990)
                                                           Doctor of Philosophy from School of Public Policy,
Kewarganegaraan – Citizenship [SEOJK 2.e.10.d]             University of Birmingham, England (1990)
                                                       –   Master of Social Science (MSc) di bidang
                                Indonesia Indonesian       Development Administration, University of
                                                           Birmingham, Inggris (1982)
Domisili – Domicile                                        Master of Social Science (MSc) in Development
                                                           Administration, University of Birmingham,
                                             Jakarta       England (1982)
                                                       –   Diploma di bidang Development of Finance,
Gender                                                     University of Birmingham, Inggris (1980)
                                                           Diploma in Development of Finance, from
                                     Wanita Female         University of Birmingham, England (1980)
                                                       –   Sarjana Ekonomi, Jurusan Ekonomi Perusahaan,
Usia – Age [SEOJK 2.e.10.c]                                Universitas Indonesia, Jakarta (1972)
                                                           Bachelor of Economics from Faculty of
                                  78 tahun years old       Economics, University of Indonesia, Jakarta (1972)




                                                                                 2024 ANNUAL REPORT             63
Page 64
         Profil Perusahaan




     Pengalaman Profesional – Professional Experience          Rangkap Jabatan – Concurrent Position
     [SEOJK 2.e.10.f(4)]                                       [SEOJK 2.e.10.f(3)]


     –    Ketua Komite Audit PT Sinar Mas Agro Resources       –   Komisaris Independen (sejak 2007) dan Ketua
          and Technology Tbk (SMART) (2010 - Juli 2020)            Komite Audit (sejak 2013) PT Bumi Serpong
          Chairwoman of the Audit Committee of PT                  Damai Tbk
          Sinar Mas Agro Resources and Technology Tbk              Independent Commissioner (since 2007) and
          (SMART) (2010 - July 2020)                               Chairwoman of the Audit Committee (since
     –    Komisaris Independen (2009-2013) dan Ketua               2013) of PT Bumi Serpong Damai Tbk
          Komite Audit (2010 - 2013) PT Dian Swastatika        –   Komisaris Independen (sejak 2013) dan Ketua
          Sentosa Tbk                                              Komite Audit (sejak 2015) PT Puradelta Lestari
          Independent          Commissioner            (2009       Tbk
          -    2013)    and     Chairwoman         of    the       Independent Commissioner (since 2013) and
          Audit     Committee       (2010    -    2013    of       Chairwoman of the Audit Committee (since
          PT Dian Swastatika Sentosa Tbk)                          2015) of PT Puradelta Lestari Tbk
     –    Komisaris Utama PT Rekayasa Industri (2004 -         –   Komisaris Independen PT Sinar Mas Agro
          2010)                                                    Resources and Technology Tbk (SMART)
          President Commissioner of PT Rekayasa Industri           (sejak 2008)
          (2004 - 2010)                                            Independent Commissioner of PT Sinar Mas
     –    Komisaris PT Danareksa (2004 - 2008)                     Agro Resources and Technology Tbk (SMART)
          Commissioner of PT Danareksa (2004 - 2008)               (since 2008)
     –    Komisaris Perum Perumnas (1999 - 2004)               –   Komisaris Independen dan Ketua Komite Audit
          Commissioner of Perum Perumnas (1999 - 2004)             PT Suryamas Dutamakmur Tbk (sejak November
     –    Komisaris di PT Pupuk Sriwijaya (1999 - 2004)            2024)
          Commissioner of PT Pupuk Sriwijaya                       Independent Commissioner and Chairwoman
          (1999 - 2004)                                            of the Audit Committee PT Suryamas
     –    Deputi Bidang Ekonomi dari Sekretaris Wakil              Dutamakmur Tbk (since November 2024)
          Presiden RI (2000 - 2007)                            –   Pengajar dari Fakultas Ekonomi, Universitas
          Deputy for Economics of the Secretary to the             Indonesia (sejak 1972)
          Vice President of the RI (2000 - 2007)                   Lecturer at the Faculty of Economics, University
     –    Komisaris PT ASABRI (1993- 2008)                         of Indonesia (since 1972)
          Commissioner of PT ASABRI (1993 - 2008)
     –    Direktur Jenderal Lembaga Keuangan                   Hubungan Afiliasi – Affiliation [SEOJK 2.e.10.g]
          (1998-2000)
          General Director of Financial Institution
          (1998 - 2000)                                        Hubungan dengan Pemegang Saham Utama/
     –    Kepala Biro Analisa Keuangan Daerah (1992 - 1998)    Pengendali:
          di Departemen Keuangan Republik Indonesia            Komisaris Independen PT Bumi Serpong Damai Tbk
          Head of Regional Financial Analysis Bureau           Affiliation with the Major/Controlling Shareholders:
          (1992 - 1998) of the Department of Finance of        Independent Commissioner of PT Bumi Serpong
          the RI                                               Damai Tbk

                                                               Kepemilikan Saham Langsung dan Tidak
                                                               Langsung – Direct and Indirect Share Ownership
                                                               [ACGS C.1.3]

                                                               Tidak Ada None




64          LAPORAN TAHUNAN 2024
Page 65
   Company Profile                                                         PT Duta Pertiwi Tbk




SUMBER DAYA MANUSIA
Human Capital


Di dalam organisasi kami, kami selalu percaya       In our organization, we firmly believe that our
bahwa SDM kami adalah faktor pendorong di           people are the driving force behind our success.
belakang keberhasilan kami. Sebagai pembuka         As a trailblazer in an industry that goes beyond
jalan di industri yang telah melampaui bisnis       the property business, our capacity to innovate,
properti, kapasitas kami untuk berinovasi, tumbuh   grow and deliver enduring value is fueled by
dan menghantarkan nilai-nilai yang bertahan         a workforce that lives and breathes our core
lama digerakkan oleh SDM yang menghidupi dan        values. We understand that our most valuable
menjiwai nilai-nilai inti kami. Kami memahami       asset is our people — their expertise, passion and
bahwa aset paling bernilai adalah SDM kami          creativity are the foundation of our achievements,
– keahlian, semangat dan kreativitas mereka         positioning human capital at the heart of our
adalah fondasi bagi pencapaian-pencapaian           long-term strategy.
kami, sehingga kami menempatkan human
capital di pusat strategi jangka panjang kami.

Menatap tahun 2024, visi kami bagi human            Looking ahead to 2024, our vision for human
capital sudah jelas; membina pemimpin generasi      capital is unequivocal: to nurture the next
mendatang, berinvestasi pada pertumbuhan            generation of leaders, invest in the growth
talenta dan keterampilan dan memelihara             of talent and skills and cultivate a culture of
budaya kesejahteraan dan kolaborasi yang            well-being and collaboration that empowers
memampukan          semua   individu  menjadi       every individual to excel. This vision is brought
unggul. Visi ini diwujudkan melalui komitmen        to life through a commitment to enhance
untuk meningkatkan kapabilitas dan cara pikir       employees’ capabilities and mindset, supported
karyawan, yang didukung oleh lingkungan             by a workplace environment that champions
kerja yang mengedepankan inklusivitas, kerja        inclusivity, teamwork and shared inspiration.
tim dan inspirasi bersama. Bersama-sama,            Together, we are building a future where our
kami membangun masa depan di mana SDM               people thrive and our organization continues to
kami berkembang dan organisasi kami terus           lead with purpose and innovation.
memimpin dengan niat dan inovasi.

Fokus pada area-area kritis sangat penting          Concentrating on these critical areas is
untuk memperkuat kesiapan kami menghadapi           paramount to strengthen our readiness for any
tantangan      apapun,      mempertahankan          obstacle, sustaining our competitive leadership
kepemimpinan kompetitif dan mengawal                and securing success—not only in advancing
keberhasilan kami – tidak hanya untuk               our business objectives but also in nurturing
melanjutkan tujuan-tujuan bisnis namun juga         the well-being and growth of our people. By
memelihara kesejahteraan dan pertumbuhan            prioritizing these elements, we position ourselves
SDM kami. Dengan memprioritaskan elemen-            to navigate challenges with resilience, foster
elemen ini, kami memposisikan diri kami untuk       innovation and create an environment where
menghadapi tantangan dengan daya tahan,             both our organization and our employees can
mengadopsi inovasi dan menciptakan sebuah           achieve their fullest potential.
lingkungan di mana organisasi dan SDM kami
dapat mencapai potensi penuhnya.




                                                                           2024 ANNUAL REPORT        65
Page 66
     Profil Perusahaan




     Kelanjutan Pembinaan Pemimpin Masa Depan
     Continuation of Nurturing Future Leaders




 Melanjutkan program percepatan untuk mencari           Continuing the springboard for ‘The Company’s
 “The Company’s Next Man Up” (pemimpin                  Next Man Up,’ both now and in the future, to
 Perusahaan yang berikut), baik untuk sekarang          unleash talent’s fullest potential and embrace
 dan untuk di masa depan, dalam mencari potensi         challenges, our Company remains in collaboration
 penuh talenta-talenta dan menerima tantangan,          with a well-known third-party consultant, a
 Perusahaan kami tetap berkolaborasi dengan             partnership that has been in place since 2023 and
 konsultan pihak ketiga yang ternama, sebuah            has yielded significant results.
 kemitraan yang telah terjalin sejak 2023 dan telah
 memberikan hasil-hasil yang signifikan.

 Selama 16 bulan program Career Studio, 90              Over the 16-month duration of the Career Studio
 pemimpin potensial besar (“Hi-Po”) berpartisipasi      program, 90 high-potential leaders (“Hi-Po”)
 di 17 proyek penugasan, dikawal ketat oleh para        participated in 17 project assignments, receiving
 mentor. Para partisipan ini terlibat dalam inisiatif   close guidance from mentors. These participants
 stratejik, termasuk perencanaan bisnis, riset dan      were involved in strategic initiatives, including
 pengembangan pasar dan bisnis, kemitraan               business planning, market and business research
 dengan para pemilik bisnis, serta strategi             and development, partnerships with business
 pemasaran. Mereka juga mendapatkan coaching            owners, as well as marketing strategies. They
 dan mentoring karir secara privat, sambil              also received personalized career coaching and
 mendapatkan masukan-masukan ternilai melalui           mentorship, while gaining valuable insights
 “The Net New Idea Clinics”. Dengan dukungan            through “The Net New Idea Clinics”. With strong
 kuat dari Top Management, program ini telah            support from Top Management, the program has
 berhasil dilaksanakan untuk mengembangkan              been successfully executed to develop the next
 pemimpin untuk generasi berikutnya.                    generation of leaders.

 Sebagai bentuk pengakuan atas kerja keras              In recognition of their hard work and commitment
 dan komitmen mereka untuk tumbuh menjadi               to growing as better leaders. Our Company also
 pemimpin yang lebih baik, Perusahaan kami              presented various awards during “Appreciation
 juga memberikan berbagai penghargaan melalui           Day 2024/2025” in both individual and group
 “Appreciation Day 2024/2025” baik dalam kategori       categories,    including      Best   Performance,
 individu maupun kelompok, termasuk Best                Breakthrough Performer and Best Group Based
 Performance, Breakthrough Performer and Best           on the Leaderboard.
 Group Based on the Leaderboard.



66      LAPORAN TAHUNAN 2024
Page 67
   Company Profile                                                         PT Duta Pertiwi Tbk



  Investasi Talenta untuk Masa Depan yang Gemilang
  Investing in Talent for a Thriving Future




Untuk memastikan formasi SDM yang selaras dalam    To ensure the formation of a well-aligned
mendukung pertumbuhan dan pencapaian jangka        workforce that supports the Company’s long-
panjang Perusahaan, kami telah memperkuat          term growth and success, we have reinforced our
komitmen kami untuk mengembangkan talenta,         commitment to talent cultivation, fostering an
mengadopsi lingkungan kerja yang inklusif dan      inclusive workplace environment, and equipping
melengkapi tim-tim kami dengan keterampilan        our teams with the skills needed to excel in a
yang dibutuhkan untuk menjadi unggul dalam         rapidly changing business landscape. By offering
lanskap bisnis yang cepat berubah. Dengan          continuous learning and skill development
menawarkan pembelajaran berkelanjutan dan          programs, we empower our employees with the
program-program pengembangan keterampilan,         essential tools to thrive in an evolving industry.
kami memampukan SDM kami dengan sarana             Our initiatives range from technical training to
yang penting untuk menang dalam industri yang      innovation-cantered workshops. We nurture an
dinamis. Inisiatif-inisiatif kami merentang dari   environment where individuals can maximize
pelatihan teknis hingga workshop yang berpusat     their potential while contributing to the Company’s
pada inovasi.                                      progress.

Pencapaian penting tahun ini adalah Executive      A significant highlight of the year was the
Mandatory Program (EMP), yang dirancang untuk      Executive Mandatory Program (EMP), designed
melengkapi para pemimpin Perusahaan dengan         to equip the Company’s leaders with essential
pengetahuan yang penting dan perangkat             knowledge and new skill sets, enabling them
keterampilan baru, memampukan mereka               to navigate future uncertainties effectively. In
untuk menghadapi ketidakpastian di masa            2024, the Learning and Development agenda
depan secara efektif. Pada tahun 2024, agenda      emphasized three key areas: Green Regulation for
Learning and Development menekankan tiga           the Property Industry (Property Focus), Strategic
bidang utama: Regulasi Hijau untuk Industri        Partnership (Business Strategy) and Shared
Properti (Fokus Properti), Kemitraan Strategis     Leadership (Leadership). These topics were
(Strategi Bisnis) dan Kepemimpinan Bersama         integrated into structured learning initiatives
(Kepemimpinan). Topik-topik ini diintegrasikan     throughout the year to enhance leadership
ke dalam inisiatif pembelajaran yang terstruktur   capabilities and drive organizational excellence.
sepanjang     tahun     untuk     meningkatkan
kemampuan kepemimpinan dan mendorong
keunggulan organisasi.




                                                                          2024 ANNUAL REPORT         67
Page 68
     Profil Perusahaan




     Kesejahteraan dan Keterlibatan: Satu Keharusan Bisnis
     Well-Being and Engagement: A Business Imperative




 Memprioritaskan kesejahteraan dan keterlibatan   Prioritizing our employees’ well-being and
 karyawan bukan sekadar kewajiban—melainkan       engagement is not merely an obligation—it is a
 kebutuhan     strategis    yang   mendorong      strategic necessity that fuels sustainable growth,
 pertumbuhan       berkelanjutan,  mendorong      drives continuous improvement and builds long-
 perbaikan berkelanjutan dan membangun            term resilience.
 ketahanan jangka panjang.

 Untuk     meningkatkan    keterlibatan   dan     To enhance employee engagement and well-
 kesejahteraan karyawan, tim Human Capital        being, the Human Capital team organizes a wide
 menyelenggarakan berbagai inisiatif dan acara    array of initiatives and events throughout the
 sepanjang tahun. Ini termasuk pemeriksaan        year. These include comprehensive health check-


68      LAPORAN TAHUNAN 2024
Page 69
   Company Profile                                                          PT Duta Pertiwi Tbk



kesehatan menyeluruh, diskusi yang dipandu          ups, expert-led discussions, knowledge-sharing
oleh pakar di bidangnya, sesi “knowledge-           sessions and webinars on diverse topics, as well
sharing” dan webinar tentang berbagai topik,        as physical fitness activities and team-building
serta aktivitas kebugaran fisik dan latihan         exercises aimed at fostering collaboration and
membangun tim yang bertujuan untuk                  connection. We also celebrate significant national
mendorong kolaborasi dan koneksi. Kami juga         occasions, such as Indonesia’s Independence
merayakan acara-acara nasional yang penting,        Day and Kartini Day, to strengthen cultural
seperti Hari Kemerdekaan Indonesia dan Hari         appreciation and unity across the organization.
Kartini, untuk memperkuat apresiasi budaya dan      Additionally, in 2024, we have launched 14
persatuan di seluruh organisasi. Selain itu, pada   employee communities focused on sports and
tahun 2024, kami telah meluncurkan 14 komunitas     hobbies, which will play a vital role in our ongoing
karyawan yang berfokus pada olahraga dan hobi,      well-being efforts, creating a more balanced,
yang akan memainkan peran penting dalam             inclusive, and fulfilling workplace environment.
upaya kesejahteraan kami yang berkelanjutan,
menciptakan lingkungan tempat kerja yang lebih
seimbang, inklusif dan memuaskan.

Pencapaian paling menonjol tahun ini adalah         A standout achievement of the year was the SML
Olimpiade SML 2024, bertema “Empower                Olympic 2024, themed “Empower Your Wellness,
Your Wellness, Elevate Your Workday” yang           Elevate Your Workday,” held from October 25th
diselenggarakan dari tanggal 25 Oktober             to November 8th, 2024. This landmark initiative
hingga 8 November 2024. Inisiatif penting ini       was crafted to elevate employee well-being
dirancang untuk meningkatkan kesejahteraan          by promoting physical and mental health,
karyawan dengan mempromosikan kesehatan             enhancing collaboration and engagement and
fisik dan mental, meningkatkan kolaborasi dan       embodying the core values of the Company
keterlibatan, serta mewujudkan nilai-nilai inti     through an exciting array of sports competitions.
Perusahaan melalui serangkaian kompetisi
olahraga yang menarik.

Dengan lebih dari 840 karyawan yang                 With over 840 employees participating across
berpartisipasi di semua tingkatan, acara ini        all levels, the event showcased a dynamic
menampilkan        serangkaian  kegiatan  yang      lineup of activities, including Basketball, Futsal,
dinamis, termasuk Basket, Futsal, Tenis, Bulu       Tennis, Badminton, Volleyball, 5K Fun Run and
Tangkis, Voli, Fun Run 5K dan Cheerleading.         Cheerleading. More than just a celebration of
Lebih dari sekadar perayaan kompetisi yang          healthy competition, this initiative provided a
sehat, inisiatif ini menyediakan platform yang      powerful platform to grow teamwork, leadership
kuat untuk menumbuhkan kerja sama tim,              and organizational values that drive business
kepemimpinan dan nilai-nilai organisasi yang        sustainability, enhance employee satisfaction
mendorong keberlanjutan bisnis, meningkatkan        and contribute to long-term corporate success.
kepuasan karyawan dan berkontribusi pada
keberhasilan Perusahaan jangka panjang.

Silakan membaca Laporan Keberlanjutan 2024          Please refer to the Company 2024 Sustainability
Perusahaan pada halaman 150-152 untuk rincian       Report on pages 150-152 for more details on our
lebih lanjut mengenai inisiatif Divisi Human        Human Capital Division’s initiatives.
Capital kami.




                                                                           2024 ANNUAL REPORT         69
Page 70
     Profil Perusahaan




 Pelatihan dan Pengembangan Kompetensi                   Our Employees’ Competency Training and
 Karyawan Kami                                           Development
 Perusahaan merencanakan dan mengevaluasi                The Company plans and evaluates compensation
 kompensasi dan program pelatihan dan                    and performance-based employee training
 pengembangan pegawai berbasis kinerja. Artinya,         and development programs. This means that
 kinerja masing-masing individu dibandingkan             everyone’s performance is compared to a
 dengan target kinerja yang telah ditetapkan.            predetermined performance target.

 Seluruh karyawan menerima paket kompensasi              All employees receive an attractive compensation
 yang menarik, serta tunjangan kesehatan yang            package, as well as comprehensive medical
 komprehensif dan hak cuti, yang sesuai dengan           benefits and leave entitlements, in compliance
 peraturan yang berlaku. Karyawan juga berhak            with applicable regulations. Employees are also
 atas kompensasi khusus, termasuk tunjangan              entitled to special compensation, including
 perkawinan dan kedukaan. Sistem kompensasi              marital and bereavement benefits. The
 tersebut   secara  periodik   dievaluasi  dan           compensation system is periodically evaluated
 disesuaikan, guna menjamin agar Perusahaan              and adjusted, to ensure that the Company can
 dapat terus menjaring, memotivasi dan                   continue to recruit, motivate and maintain a
 mempertahankan tenaga kerja yang berkualitas.           quality workforce.

 Pelatihan      dan     pengembangan          karyawan   The employees’ training and development
 dilakukan berbasis program perencanaan karir            is carried out based on a structured career
 yang terstruktur sehingga karyawan dapat meraih         planning program, thus the employees can
 potensi maksimumnya. Sepanjang tahun 2024,              achieve their maximum potential. Throughout
 sebanyak 419 topik pelatihan telah diselenggarakan      2024, as many as 419 training topics had been
 oleh Perusahaan melalui berbagai metode, yaitu          conducted by the Company through multiple
 e-learning, in-house training, knowledge sharing        methods, namely e-learning, in-house trainings,
 session, pelatihan umum dan webinar. Total              knowledge sharing sessions, public trainings
 jumlah peserta adalah 900 orang sehingga setiap         and webinars. Total number of participants was
 karyawan mengikuti rata-rata 20,79 jam pelatihan        900 people, so that each employee attended
 di tahun ini (2023: 10,95 jam). Untuk itu, Perusahaan   an average of 20.79 training hours in this year
 telah berinvestasi sebesar Rp210 juta (2023: Rp805      (2023: 10.95 hours). To that end, the Company has
 juta).                                                  invested IDR210 million (2023: IDR805 million).




70      LAPORAN TAHUNAN 2024
Page 71
   Company Profile                                                                                PT Duta Pertiwi Tbk



Informasi Jumlah Karyawan [SEOJK 2.e.12]                         Information on Number of Employees
Pada akhir tahun 2024, jumlah karyawan adalah                    At the end of 2024, the number of employees is
1.188 orang* (2023: 1.167 orang) dengan komposisi                1,188 people* (2023: 1,167 people) with the following
sebagai berikut:                                                 composition:

*) berdasarkan karyawan aktif per 31 Desember 2024
   based on active employees as of December 31st, 2024



KOMPOSISI KARYAWAN BERDASARKAN LEVEL JABATAN DAN JENIS KELAMIN
Composition of Employees Based on Position Level and Gender

                                                                     2024                                    2023
                Level Jabatan
                Position Level                           Pria                 Wanita               Pria              Wanita
                                                         Male                 Female               Male              Female
 Non Staf                Non Staff                       264                     24                 267                 22

 Staf                    Staff                           397                    299                 415                283

 Manajer                 Manager                         112                     56                 105                49

 Manajer Senior          Senior Manager                   22                      8                  9                  12

 Top Management          Top Management                   4                       2                  4                  1

                                       TOTAL                         1.188                                   1.167



KOMPOSISI KARYAWAN BERDASARKAN LEVEL JABATAN DAN USIA
Composition of Employees based on Position Level and Age

                                                              2024                                         2023
             Level Jabatan
             Position Level                <30 tahun     30-50 tahun         >50 tahun    <30 tahun      30-50 tahun   >50 tahun
                                            years old     years old           years old    years old      years old     years old

 Non Staf             Non Staff                22              194              70           24             203              62

 Staf                 Staff                    176             422              108          154            437             107

 Manager              Manager                  27               85              51           24              82              48

 Senior Manager       Senior Manager            -               11              16            -              6               15

 Top Management Top Management                  -                -               6            -               1              4

                                  TOTAL                        1.188                                        1.167




                                                                                                  2024 ANNUAL REPORT                71
Page 72
      Profil Perusahaan




 KOMPOSISI KARYAWAN BERDASARKAN LEVEL JABATAN DAN TINGKAT PENDIDIKAN
 Composition of Employees based on Position Level and Education


                                                          2024                                                                    2023
     Level Jabatan
     Position Level        SD         SMP           SMA         Diploma     S1       S2 - S3      SD         SMP           SMA         Diploma       S1         S2 - S3
                          Primary   Junior high   Senior high             Bachelor   Advanced    Primary   Junior high   Senior high               Bachelor    Advanced


 Non Staf                   8          19           240           15           5        -         10          19           239            5           6           -
 Non Staff
 Staf Staff                 -           6           198           101      378         14          -           7           208            111       362           10

 Manager                    -           -            17           18       122         12          -           -            17            17        110           10
 Manager
 Senior Manager             -           -             -            -        27          3          -           -             -            -          17           4
 Senior Manager
 Top Management             -           -             -            -           4        1          -           -             -            -           2           3

                TOTAL                                     1.188                                                                   1.167




 KOMPOSISI KARYAWAN BERDASARKAN LEVEL JABATAN DAN STATUS KETENAGAKERJAAN
 Composition of Employees based on Position Level and Employment Status


                                                                                     2024                                                  2023
                  Level Jabatan
                  Position Level                                   Permanen                     Kontrak                  Permanen                   Kontrak
                                                                   Permanent                    Contract                 Permanent                  Contract

     Non Staf               Non Staff                                     125                      159                           136                      153

     Staf                   Staff                                         439                      261                        406                         292

     Manajer                Manager                                       111                      57                            97                       57

     Manajer Senior         Senior Manager                                19                        11                           9                        12

     Top Management         Top Management                                 1                        5                            2                         3

                                                  TOTAL                              1.188                                                 1.167




72          LAPORAN TAHUNAN 2024
Page 73
    Company Profile                                                               PT Duta Pertiwi Tbk




INFORMASI
PEMEGANG SAHAM
Information of the Shareholders
[SEOJK 2.e.13]




Berikut adalah informasi pemegang saham                 The following is the information on the Company’s
Perusahaan pada 31 Desember 2024.                       shareholders on December 31st, 2024.

KOMPOSISI DAN STRUKTUR PERMODALAN
Composition and Structure of Capital

         Deskripsi       Jumlah Modal (Rp)            Jumlah Saham          Nilai Nominal per Saham (Rp)
        Description       Total Capital (IDR)        Number of Shares       Nominal Value per Share (IDR)

Modal Dasar
                             1.500.000.000.000             3.000.000.000                  500
Authorized Capital


Modal Ditetapkan
dan Disetor                    925.000.000.000             1.850.000.000                  500
Issued and
Paid-up Capital




KOMPOSISI PEMEGANG SAHAM [SEOJK 2.e.13.a] [ACGS C.1.1] [ACGS C.1.2]
Composition of the Shareholders

                                                             2024                           2023

                 Nama        Status Pemilik                         Persentase                     Persentase
                                                    Jumlah                         Jumlah
                 Name        Owner Status                          Kepemilikan                    Kepemilikan
                                                    Saham                          Saham
                                                                    Ownership                      Ownership
                                                  Total Shares                   Total Shares
                                                                   Percentage                     Percentage


                              Perseroan
                              Terbatas
 PT Bumi Serpong Damai Tbk                         1.709.013.633       92,38%     1.691.876.632        91,45%
                              Limited Liability
                              Company


 Publik dengan kepemilikan kurang dari 5%          140.986.367          7,62%      158.123.368         8,55%
 Public with less than 5% ownership


                                     TOTAL        1.850.000.000         100%     1.850.000.000          100%




                                                                                 2024 ANNUAL REPORT             73
Page 74
      Profil Perusahaan




 Kepemilikan Saham oleh Dewan Komisaris                     Shareholdings by the Board of Commissioners
 dan Direksi [SEOJK 2.e.14] [ACGS C.1.3]                    and Directors
 Anggota BOC dan Direksi tidak memiliki saham,              Members of the BOC and Directors do not own
 langsung maupun tidak langsung di Perusahaan               any shares, directly or indirectly, of the Company
 per 31 Desember 2024 dan 2023.                             as of December 31st, 2024 and 2023.


 Kepemilikan Saham oleh Manajemen Senior                    Shareholdings by the Senior Management
 [ACGS C.1.4]
 Manajemen senior Perusahaan tidak memiliki                 Senior management of the Company do not own
 saham, langsung maupun tidak langsung di                   any shares, directly or indirectly, of the Company
 Perusahaan per 31 Desember 2024 dan 2023.                  as of December 31st, 2024 and 2023.


 KOMPOSISI PEMEGANG SAHAM PERUSAHAAN BERDASARKAN KATEGORI [SEOJK 2.e.15]
 The Company’s Shareholders Composition based on Category

                                                               Jumlah Pemegang               Persentase
     Kategori Pemegang Saham
                                                                           Saham           Kepemilikan
     Shareholders Category
                                                            Number of Shareholders Ownership Percentage

     PEMODAL NASIONAL DOMESTIC INVESTORS

     Bank – Domestik           Bank – Domestic                               381.950                   0,02%

     Broker                    Brokerage                                      23.175                   0,00%

     Pemerintah Indonesia Government of Indonesia                                33                    0,00%

     Individu – Domestik       Individual – Domestic                      6.564.850                     0,35%

     Individu – Asing          Individual – Foreign                           9.000                    0,00%

     Koperasi                  Cooperative                                  238.400                     0,01%

     Reksadana                 Mutual Fund                                2.376.800                     0,13%

     Dana Pensiun              Pension Fund                                    7.125                   0,00%

     Perseroan Terbatas        Limited Liability Company               1.709.263.082                  92,39%

     Yayasan                   Foundation                                       500                    0,00%

                         SUB TOTAL PEMODAL NASIONAL
                         Sub Total of Domestic Investors               1.718.864.915                  92,91%

     PEMODAL ASING             FOREIGN INVESTORS

     Individu – Asing          Individual – Foreign                          131.800                    0,01%

     Institusi – Asing         Institution – Foreign                     131.003.285                    7,08%

                            SUB TOTAL PEMODAL ASING
                           Sub Total of Foreign Investors                131.135.085                   7,09%


                                                   TOTAL              1.850.000.000                     100%



                                                                                          Sumber | Source : BAE




74        LAPORAN TAHUNAN 2024
Page 75
   Company Profile                                                                                       PT Duta Pertiwi Tbk



KOMPOSISI PEMEGANG SAHAM UTAMA
Composition of the Majority Shareholders
[SEOJK 2.e.16] [ACGS C.1.1] [ACGS C.1.5]


     Margaretha Natalia Widjaja
   Sebagai Pengendali yang Ditunjuk
      As an Appointed Controller




  Sinarmas Land Limited     95,13%
       (Singapore)




                                      99,99%
    PT Paraga Artamida      40,26%             PT Ekacentra   25,63%         PT Bumi Serpong     1,22%        Masyarakat     32,89%
                                                Usahamaju                       Damai Tbk                       Public




                                                       PT Bumi Serpong        92,38%           Masyarakat      7,62%
                                                          Damai Tbk                              Public




                                                                         PT Duta Pertiwi Tbk




INFORMASI 20 PEMEGANG SAHAM TERBESAR PERUSAHAAN
Information of the Top 20 Shareholders of the Company

                                                                                                                       Persentase
 Nama                                               Status Pemilik                          Jumlah Saham               Kepemilikan
 Name                                               Owner Status                           Number of Shares             Ownership
                                                                                                                        Percentage

                                                    Perseroan Terbatas
 PT Bumi Serpong Damai Tbk                                                                       1.709.013.632             92,38%
                                                    Limited Liability Company

                                                    Institusi Asing
 Eurotrade Developments Limited                                                                     77.241.600               4,18%
                                                    Foreign Institution

 Morning Bright Investments                         Institusi Asing                                 52.782.167              2,85%
 Limited                                            Foreign Institution

                                                    Individu – Domestik
 Gunawan Widyadi                                                                                    2.379.000                0,13%
                                                    Individual – Domestic

 Reksa Dana Panin Dana Maksima -                    Reksa Dana                                      2.376.800                0,13%
 910334000                                          Mutual Fund

 SCB SG S/A Bank J.Safra Sarasin                    Institusi Asing
 Ltd., Singapore Branch For Clients                                                                      779.200            0,04%
                                                    Foreign Institution
 A/C

                                                    Individu – Domestik
 Tuty Tjiputra                                                                                           665.000            0,03%
                                                    Individual – Domestic

                                                    Individu – Domestik
 Beng Nagaruddin                                                                                         392.500            0,02%
                                                    Individual – Domestic




                                                                                                     2024 ANNUAL REPORT               75
Page 76
      Profil Perusahaan




                                                                                         Persentase
     Nama                                 Status Pemilik               Jumlah Saham      Kepemilikan
     Name                                 Owner Status                Number of Shares    Ownership
                                                                                          Percentage

                                          Institusi Asing
     HSBC Operating Account                                                   381.950           0,02%
                                          Foreign Institution

                                          Individu – Domestik
     Laurencius Djauhari                                                     269.000             0,01%
                                          Individual – Domestic

                                          Individu – Domestik
     Haryanto Soelaiman                                                       170.100            0,01%
                                          Individual – Domestic

                                          Individu – Domestik
     Yusdi Abadi                                                             160.000             0,01%
                                          Individual – Domestic

                                          Koperasi
     Koperasi Unit Desa Lubuk Alung III                                       135.500            0,01%
                                          Cooperative

                                          Individu – Domestik
     Andry Ansjori                                                           120.000             0,01%
                                          Individual – Domestic

                                          Individu – Domestik
     James Hermanto                                                          120.000             0,01%
                                          Individual – Domestic

                                          Perseroan Terbatas
     PT Infiniti Securities                                                  108.750             0,01%
                                          Limited Liability Company

                                          Individu – Domestik
     Yuniasari                                                               103.500             0,01%
                                          Individual – Domestic

                                          Individu – Domestik
     Ali Umar                                                                 90.000            0,00%
                                          Individual – Domestic

                                          Institusi Asing
     The Northern Trust S/A AVFC                                              87.250            0,00%
                                          Foreign Institution

                                          Individu – Domestik
     Njomo                                                                    84.000            0,00%
                                          Individual – Domestic


                                                                                  Sumber • Source : BAE




76        LAPORAN TAHUNAN 2024
Page 77
Company Profile                                                                                                   PT Duta Pertiwi Tbk




                              STRUKTUR KELOMPOK
                               USAHA PERUSAHAAN
                                                     Company’s Business Group Structure
   Margaretha Natalia Widjaja
                                                                                                                            [SEOJK 2.e.17][ACGS C.1.5]
 Sebagai Pengendali yang Ditunjuk
    As an Appointed Controller




 Sinarmas Land Limited      95,13%
      (Singapore)



                                     99,99%   PT Ekacentra                           PT Bumi Serpong
  PT Paraga Artamida        40,26%             Usahamaju         25,63%                 Damai Tbk        1,22%                                               Masyarakat | Pub




                                          PT Bumi Serpong Damai Tbk                                PT Duta Pertiwi Tbk
                                                                                                ITC Mangga Dua, ITC Cempaka        92,38%’
                              BSD City Serpong • Bale Tirtawana Bogor • Epicentrum Walk •        Mas, ITC Fatmawati, Roxy Mas
                              Rasuna Epicentrum (Lot) • The Elements • Lakasantri Surabaya



         Perumahan                                                                                               PT Duti Diamond
                                                                                                                                                 30%*
         Housing                                                                                                  Development
                                                     PT Kembangan Permai
                                                         Development                  80%*
         Pusat Perbelanjaan                            Taman Permata Buana                                  PT Mitrakarya Multiguna
         Shopping Mall                                                                                       Benowo • Surabaya (Lot)
                                                                                                                                                 82%*

         Gedung Perkantoran                                                                                 PT Mustika Karya Sejati
         Office Building                           PT Itomas Kembangan Perdana                                Taman Permata Buana
                                                                                                                                                 100%
                                                          Apartment Aerium            100%
                                                        Taman Permata Buana
         Vacant                                                                                            PT Pangeran Plaza Utama
                                                                                                                 Kota Bunga • Bogor
                                                                                                                                                 100%
                                                    PT Anekagriya Buminusa            100%
         Superblock &                                  Kota Wisata • Cibubur
         Commercial                                                                                        PT Saranapapan Ekasejati              100%
                                                                                                                 Kota Bunga • Bogor
         Berhenti Beroperasi                           PT Kanaka Grahaasri            100%
         Ceased Operation                              Kota Wisata • Cibubur                                 PT Perwita Margasakti               100%
                                                                                                                    ITC Kuningan
         Apartemen                                      PT Mekanusa Cipta
         Apartment                                                                    100%                   PT Phinisindo Zamrud
                                                       Kota Wisata • Cibubur                                      Nusantara                  77,48%*
                                                                                                                      ITC Depok
         Waterpark
                                                         PT Prima Sehati              100%                PT Prestasi Mahkota Utama
                                                       Kota Wisata • Cibubur                                   Jatiasih • Cibubur (Lot)
                                                                                                                                                 100%
         Pusat Perbelanjaan
         & Hotel
         Shopping Mall & Hotel                         PT Putra Prabukarya                                  PT Putra Alvita Pratama
                                                       Kota Wisata • Cibubur
                                                                                      100%                       Grand Wisata • Bekasi
                                                                                                                                                53,52%*


                                                                                                                    PT Putra Tirta Wisata
                                                   Badan Kerjasama Pasar Pagi /                                                                    99,68%*
                                                        ITC Mangga Dua                40%*                     Go!Wet Water Park • Grand Wisata
                                                                                                                          • Bekasi
         Entitas Anak
         Subsidiary
                                                     PT Citraagung Tirtajatim                                    PT Panca Lambang Cipta             100%
                                                            ITC Surabaya
                                                                                      40%*
         Entitas Asosiasi
         Associates
                                                   PT Duta Karya Propertindo                                      PT Sahabat Duta Wisata            40%*
         Entitas Ventura                                       Vacant
                                                                                      100%
         Bersama
         Joint Ventures                                                                                           PT Royal Oriental
                                                                                                          Sinar Mas Land Jakarta Tower 2-3      74,11%*
                                                      PT Duta Semesta Mas                                    Cashbac • Sopo Del Tower
                                                       Apartment Southgate
                                                                                      100%
Keterangan • Notes :
Angka persentase
                                                                                                            PT Sahabat Kota Wisata               40%*
menginformasikan kepemilikan
langsung dan tidak langsung,                       PT Keikyu Itomas Indonesia         10%*
                                                      Southgate • Prime Tower
kecuali dinyatakan
                                                                                                           PT Sinarwijaya Ekapratista
dengan *)                                                                                                Taman Banjar Wijaya • Tangerang
                                                                                                                                                 100%
The number of percentage informs
direct and indirect ownership,                         PT Matra Olah Cipta            50%*
                                                         ITC Permata Hijau
unless stated by *)                                                                                          PT Sinarwisata Lestari              100%
*) Kepemilikan Langsung                               PT Misaya Properindo            100%
  Direct Ownership                                   Legenda Wisata • Cibubur
  [ACGS C.1.2]                                                                                               PT Sinarwisata Permai               100%

                                                     PT Kurniasubur Permai            100%
                                                            Cibubur (Lot)                                         PT Binamaju Mitra Sejati
                                                                                                                  Wisata Bukit Mas • Surabaya
                                                                                                                                                   25,50%*


                                                      PT Kurnia Sinergi Mas            51%                  PT Wijaya Pratama Raya
                                                                                                          DP Mall, Rooms Inc. • Semarang        73,91%*




                                                                                                                 2024 ANNUAL REPORT                          77
Page 78
      Profil Perusahaan




 DAFTAR ENTITAS ANAK,
 ENTITAS ASOSIASI DAN/ATAU
 VENTURA BERSAMA
 List of the Subsidiaries, the Associates and/or the Joint
 Ventures
 [SEOJK 2.e.17][ACGS C.1.5]




                                                                                                                     Keterangan • Notes :
                                                                                       Angka persentase menginformasikan kepemilikan
                                                                               langsung dan tidak langsung, kecuali dinyatakan dengan *)
 ENTITAS ANAK                                                                       The number of percentage informs direct and indirect
                                                                                                           ownership, unless stated by *)
 Subsidiaries                                                                                 *) Kepemilikan Langsung Direct Ownership


          Nama                Bidang                                            Tahun                                    Jumlah Aset
          Perusahaan          Usaha         Proyek              Kepemilikan   Penyertaan         Status        (dalam Jutaan Rupiah)
 No.
          Company             Business      Project              Ownership       Year            Status                     Total Asset
          Name                Sector                                           Acquired                                 (In Million IDR)


      1   PT Anekagriya       Real Estate   Kota Wisata,           100%         1996          Beroperasi                      262.962
          Buminusa                          Cibubur                                        Fully Operational

     2    PT Kanaka           Real Estate   Kota Wisata,           100%         1995          Beroperasi                        13.840
          Grahaasri                         Cibubur                                        Fully Operational

     3    PT Mekanusa Cipta Real Estate     Kota Wisata,           100%         1994          Beroperasi                       828.951
                                            Cibubur                                        Fully Operational

     4    PT Prima Sehati     Real Estate   Kota Wisata,           100%         1995          Beroperasi                       218.188
                                            Cibubur                                        Fully Operational

     5    PT Putra            Real Estate   Kota Wisata,           100%         1996          Beroperasi                       175.862
          Prabukarya                        Cibubur                                        Fully Operational

     6    PT Duta Karya       Real Estate             -            100%         1997          Praoperasi                             23
          Propertindo                                                                        Preoperation

     7    PT Duta             Real Estate   Southgate              100%         2005          Beroperasi                      1.801.715
          Semesta Mas                                                                      Fully Operational

     8    PT Itomas           Real Estate   Apartment Aerium,      100%         2014          Beroperasi                      989.399
          Kembangan                         Taman Permata                                  Fully Operational
          Perdana                           Buana


     9    PT Kembangan        Real Estate   Taman Permata         80% *)        2005          Beroperasi                       418.736
          Permai                            Buana                                          Fully Operational
          Development

  10      PT Kurniasubur      Real Estate   Cibubur,               100%         1996          Praoperasi                      626.342
          Permai                            Tanah Kosong                                     Preoperation
                                            Vacant land

     11   PT Kurnia Sinergi   Real Estate   Bogor                 51% *)        2024          Praoperasi                               -
          Mas 1                                                                              Preoperation


     12   PT Misaya           Real Estate   Legenda                100%         1997          Beroperasi                        84.521
          Properindo                        Wisata, Cibubur                                Fully Operational


     13   PT Mitrakarya       Real Estate   Benowo,               82% *)        2004          Praoperasi                    1.480.640
          Multiguna                         Tanah Kosong                                     Preoperation
                                            Vacant land


  14      PT Mustika          Real Estate   Taman Permata          100%         1995          Beroperasi                       42.424
          Karya Sejati                      Buana                                          Fully Operational




78          LAPORAN TAHUNAN 2024
Page 79
      Company Profile                                                                                  PT Duta Pertiwi Tbk



      Nama                Bidang                                                     Tahun                                     Jumlah Aset
      Perusahaan          Usaha             Proyek                   Kepemilikan   Penyertaan         Status         (dalam Jutaan Rupiah)
No.
      Company             Business          Project                    Ownership      Year            Status                      Total Asset
      Name                Sector                                                    Acquired                                  (In Million IDR)


15    PT Pangeran Plaza   Real Estate       Kota Bunga,                  100%         1993          Beroperasi                         3.888
      Utama                                 Bogor                                                Fully Operational


16    PT Saranapapan      Real Estate       Kota Bunga,                  100%         1993          Beroperasi                       54.385
      Ekasejati                             Bogor                                                Fully Operational


17    PT Perwita          Superblok         ITC Kuningan                 100%         1993          Beroperasi                       111.208
      Margasakti          Superblock                                                             Fully Operational


18    PT Phinisindo       Property    ITC Depok                        77,48% *)      2004          Beroperasi                       110.100
      Zamrud Nusantara    Development                                                            Fully Operational


19    PT Prestasi         Real Estate       Jatiasih, Cibubur            100%         1993          Praoperasi                       121.359
      Mahkota Utama                         Tanah Kosong                                           Preoperation
                                            Vacant land


20    PT Putra Alvita     Real Estate       Grand Wisata               53,52% *)      2004          Beroperasi                   2.484.474
      Pratama (PAP)                                                                              Fully Operational


21    PT Panca Lambang Real Estate          -                            100%         2021       Belum Beroperasi                         60
      Cipta 2                                                                                     No Commercial
                                                                                                    Operation

22    PT Putra Tirta      Water Park        Go!Wet                    99, 68% *)      2013          Beroperasi                       49.402
      Wisata 2                              Grand Wisata                                         Fully Operational


23    PT Royal            Gedung            •   Sinar Mas Land         74,11% *)      1994          Beroperasi                      583.870
      Oriental            Perkantoran           Jakarta, Tower 2 –                               Fully Operational
                          Office Building       3, Jakarta Pusat
                                            •   Dimo Space
                                                Sopodel Tower

24    PT Sinarwijaya      Real Estate       Taman Banjar                 100%         1990          Beroperasi                      118.444
      Ekapratista                           Wijaya,                                              Fully Operational
                                            Tangerang

25    PT Sinarwisata      Hotel                        -                 100%         1990           Berhenti                          3.426
      Lestari                                                                                       Beroperasi
                                                                                                 Ceased Operation

26    PT Sinarwisata      Hotel                        -                 100%         1993           Berhenti                        117.537
      Permai (SWP)                                                                                  Beroperasi
                                                                                                 Ceased Operation

27    PT Wijaya Pratama   Mall              •   DP Mall,               73,91% *)      2013          Beroperasi                      952.324
      Raya                                      Semarang                                         Fully Operational
                                            •   Rooms Inc.
                                                Hotel, Semarang




ENTITAS ASOSIASI
                                                                                                                         Keterangan • Notes :
Associates                                                                                          *) Kepemilikan Langsung Direct Ownership



      Nama                Bidang                                                      Tahun                                    Jumlah Aset
      Perusahaan          Usaha             Proyek                   Kepemilikan *) Penyertaan        Status         (dalam Jutaan Rupiah)
No.
      Company             Business          Project                    Ownership       Year           Status                      Total Asset
      Name                Sector                                                     Acquired                                 (In Million IDR)



  1 PT Citraagung Tirta Property    ITC Surabaya                         40%          2004          Beroperasi                      160.037
    Jatim               Development                                                              Fully Operational



 2 PT Matra Olahcipta     Property    ITC Permata                        50%          2002          Beroperasi                       139.625
                          Development Hijau                                                      Fully Operational




                                                                                                      2024 ANNUAL REPORT                     79
Page 80
       Profil Perusahaan




         Nama                Bidang                                          Tahun                                    Jumlah Aset
         Perusahaan          Usaha         Proyek           Kepemilikan *) Penyertaan        Status         (dalam Jutaan Rupiah)
 No.
         Company             Business      Project            Ownership       Year           Status                      Total Asset
         Name                Sector                                         Acquired                                 (In Million IDR)


      3 PT Keikyu            Apartemen     Southgate,           10%          2018          Beroperasi                     606.308
        Itomas               Apartment     Prime Tower                                  Fully Operational
        Indonesia


      4 PT Sahabat           Mall          Living World,        40%          2018          Praoperasi                    1.840.140
        Kota Wisata                        Kota Wisata                                    Preoperation



      5 PT Binamaju Mitra    Real Estate   Wisata              25,50%        2010          Beroperasi                      350.882
        Sejati 3                           Bukit Mas                                    Fully Operational




      6 PT Sahabat           Mall          Living World,        40%          2019          Praoperasi                    1.262.628
        Duta Wisata 2                      Grand Wisata                                   Preoperation




 ENTITAS VENTURA BERSAMA                                                                                      Keterangan • Notes :
 Joint Ventures                                                                          *) Kepemilikan Langsung Direct Ownership



         Nama                Bidang                                          Tahun                                    Jumlah Aset
         Perusahaan          Usaha         Proyek           Kepemilikan *) Penyertaan        Status         (dalam Jutaan Rupiah)
 No.
         Company             Business      Project            Ownership       Year           Status                      Total Asset
         Name                Sector                                         Acquired                                 (In Million IDR)



      1 Badan Kerjasama      Property      ITC Mangga Dua       40%          2005          Beroperasi                        22.281
        Pasar Pagi/ITC       Management                                                 Fully Operational
        Mangga Dua



      2 PT Duti Diamond      Real Estate   Apartment            30%          2019          Praoperasi                      290.553
        Development                                                                       Preoperation




 Keterangan • Notes :
 1
   (melalui through KSP)
 2
     (melalui through PAP)
 3
     (melalui through SWP)




80          LAPORAN TAHUNAN 2024
Page 81
    Company Profile                                                                     PT Duta Pertiwi Tbk




DAFTAR ALAMAT
PERUSAHAAN DAN
ENTITAS ANAK
Addresses of the Company and Subsidiaries
[SEOJK 2.e.17]




 No.    Nama Perusahaan               Alamat
        Company Name                  Address


    1   PT Anekagriya Buminusa        Kantor Pusat  Headquarters
                                      Jalan Kalibesar Barat No.8, Jakarta Barat 11230
   2    PT Kanaka Grahaasri            +62 21 690 8684  +62 21 690 7623

   3    PT Mekanusa Cipta             Kantor Cabang  Branch Office
                                      Management Office Ruko Sentra Eropa Block F No.23-24
   4    PT Prima Sehati               Jalan Transyogi Km.6, Kota Wisata, Cibubur, Bogor 16968
                                       +62 21 8493 5050/4848  +62 21 8493 4888
   5    PT Putra Prabukarya

   6    PT Duta Karya Propertindo     ITC Mangga Dua, 5th Fl. Jl. Mangga Dua Raya, Jakarta Utara, 14430
                                       +62 21 601 9788 (hunting)  +62 21 601 5031


   7    PT Duta Pertiwi Tbk           Kantor Pusat  Headquarters
                                      ITC Mangga Dua, 7-8th Fl. Jl. Mangga Dua Raya, Jakarta Utara, 14430
                                       +62 21 601 9788 (hunting)  +62 21 601 7039
                                       www.sinarmasland.com, www.dutapertiwi.com

                                      Kantor Cabang  Branch Office
                                      Komplek Mangga Dua Block A7 No.18, Jl. Jagir Wonokromo 100
                                      Surabaya 60244  +62 31 843 7777  +62 31 841 1377

   8    PT Duta Semesta Mas           Rukan Tanjung Mas Raya Block B1 No.32 RT.002/01,
                                      Tanjung Barat Jagakarsa, Jakarta Barat 12530  +62 21 7810 522

   9    PT Itomas Kembangan Perdana   Jalan Pulau Melintang Blok A No.20, RT.006 RW.011, Kel. Kembangan Utara,
                                      Kecamatan Kembangan, Jakarta Barat  +62 21 581 4850

  10    PT Kembangan Permai           Jl. Tanah Abang II No.53, Jakarta Pusat
        Development                    +62 21 384 4157

   11   PT Kurniasubur Permai         ITC Mangga Dua, 7th Fl. Jl. Mangga Dua Raya, Jakarta Utara, 14430
                                       +62 21 601 9788 (hunting)  +62 21 601 5031

  12    PT Kurnia Sinergi Mas         Management Office Kota Wisata
                                      Ruko Sentra Eropa Blok F 23-24
                                      Jl. Transyogi KM 6, Bogor - 16968




                                                                                        2024 ANNUAL REPORT       81
Page 82
      Profil Perusahaan




     No.   Nama Perusahaan                  Alamat
           Company Name                     Address


      13   PT Misaya Properindo             Kantor Pusat  Headquarters
                                            ITC Mangga Dua, 7-8th Fl. Jl. Mangga Dua Raya, Jakarta Utara, 14430
                                             +62 21 601 9788 (hunting)  +62 21 601 5031

                                            Kantor Cabang  Branch Office
                                            Legenda Wisata, Jl. Alternatif Transyogi Km.6, Cibubur
                                             +62 21 823 6262  +62 21 823 6363

     14    PT Mitrakarya Multiguna          Wisata Bukit Mas, Club House Colloseum, Jl. Lidah Bukit Mas Timur No.2
                                            Surabaya  +62 31 753 4608

      15   PT Mustika Karya Sejati          Jl. Kalibesar Barat No.8, Jakarta Barat 11230
                                             +62 21 690 8684  +62 21 690 7623

      16   PT Pangeran Plaza Utama          Kantor Pusat  Headquarters
                                            ITC Mangga Dua, 7-8th Fl. Jl. Mangga Dua Raya, Jakarta Utara, 14430
      17   PT Saranapapan Ekasejati          +62 21 601 9788 (hunting)  +62 21 601 5031

                                            Kantor Cabang  Branch Office
                                            Jl. Pacet Kp. Panggung RT.24/ 10, Sukanagalih - Pacet, Cianjur 43253
                                             +62 263 520 186/87  +62 263 515 853

      18   PT Panca Lambang Cipta           Celebration Boulevard Kav.1, Bekasi 17510

      19   PT Perwita Margasakti            Gedung ITC Kuningan, Lantai 10, Jl. Prof. DR. Satrio, Jakarta Selatan 12940
                                             +62 21 576 0688  +62 21 576 0688

     20    PT Phinisindo Zamrud Nusantara   ITC Depok, Jl. Dewi Sartika RT.003/014 Depok  +62 21 777 5333

      21   PT Prestasi Mahkota Utama        ITC Mangga Dua, 7th Fl. Jl. Mangga Dua Raya, Jakarta Utara, 14430
                                             +62 21 601 9788 (hunting)  +62 21 601 5031

     22    PT Putra Alvita Pratama
                                            Grand Wisata, Celebration Boulevard Kav.1, Bekasi 17510
                                             +62 21 2908 8000/70  +62 21 2908 8050
     23    PT Putra Tirta Wisata

     24    PT Royal Oriental                Sinar Mas Land Plaza Jakarta, Tower II, 14th Fl. Jl. MH.Thamrin Kav.51
                                            Jakarta Pusat 10350  + 62 21 230 1441  +62 21 390 2231

     25    PT Sinarwijaya Ekapratista       Kantor Pusat  Headquarters
                                            ITC Mangga Dua, 7-8th Fl. Jl. Mangga Dua Raya, Jakarta Utara, 14430
                                             +62 21 601 9788 (hunting)  +62 21 601 7039

                                            Kantor Cabang  Branch Office
                                            Taman Banjar Wijaya, Jl. KH. Hasyim Ashari Km.2, Poris Plawad – Cipondoh
                                            Tangerang  +62 21 554 1906

     26    PT Sinarwisata Lestari           Jl.Mangga Dua Raya Jakarta 10730
                                             +62 21 612 8811  +62 21 612 8822

     27    PT Sinarwisata Permai            Jl. Jend. Sudirman, Balikpapan 76114
                                             +62 542 420 155  +62 542 420 150

     28    PT Wijaya Pratama Raya           Gedung DP Mall, Lt. 3, Jalan Pemuda No.150, Semarang 50132
                                             +62 24 358 3588  +62 24 358 4488




82         LAPORAN TAHUNAN 2024
Page 83
    Company Profile                                                                    PT Duta Pertiwi Tbk




INFORMASI PENCATATAN
SAHAM
Information on Stock Listing
[SEOJK 2.e.18]




Saham Perusahaan tercatat hanya di Bursa                      The Company shares are only traded at Indonesia
Efek Indonesia dengan kode saham DUTI.                        Stock Exchange with stock code of DUTI. The
Berikut adalah kronologi aksi pencatatan saham                following is the Company’s stock listing actions.
Perusahaan.


                                                                                                Harga         Tempat
                                                       Tanggal                             Penawaran      Pencatatan
 Deskripsi                           Tanggal Efektif   Pencatatan         Jumlah Saham             (Rp)        Saham
 Description                         Effective Date    Recording Date       Total Shares      Offering           Place
                                                                                            Price (IDR)       of Stock
                                                                                                          Registration

 Penawaran Saham Umum Perdana 26 September 1994        2 November 1994       25.000.000          3.150
 Initial Public Offering


 Penawaran Umum Terbatas I
 dengan Hak Memesan Efek             24 Maret 1997
 Terlebih Dahulu
                                     March             15 April 1997        693.750.000            725
 Limited Public Offering I
 with Preemptive Rights                                                                                          BES*


 Penawaran Umum Terbatas II
 dengan Hak Memesan Efek             5 Juni 2008       19 Juni 2008
 Terlebih Dahulu
                                     June              June                 462.500.000          1.059
 Limited Public Offering II
 with Preemptive Rights



*) Telah merger dan menjadi Bursa Efek Indonesia
 Merged and became Indonesian Stock Exchange




INFORMASI PENCATATAN
EFEK LAINNYA
Information on Other Securities Listing
[SEOJK 2.e.19]




Selain pencatatan saham, Perusahaan tidak                     Aside from the share listing, the Company does
memiliki pencatatan efek lainnya yang akan jatuh              not have other securities listed that will mature.
tempo.




                                                                                      2024 ANNUAL REPORT                 83
Page 84
      Profil Perusahaan




 AKUNTAN PUBLIK
 Public Accountant
 [SEOJK 2.e.20]



 Melalui RUPST tanggal 21 Juni 2024, pemegang                In the AGMS dated June 21st, 2024, the shareholders
 saham memberikan wewenang kepada BOC                        authorized the BOC to determine an independent
 untuk menentukan Kantor Akuntan Publik                      Public Accounting Firm to do audit on the
 independen yang akan melakukan audit atas                   Company’s books for the financial year ending
 buku Perusahaan untuk tahun buku yang                       December 31st, 2024.
 berakhir pada 31 Desember 2024.

 BOC, dengan mempertimbangkan rekomendasi                    The BOC, with considerations to recommendation
 dari Komite Audit, telah menunjuk Kantor                    from the Audit Committee, has appointed
 Akuntan Publik Mirawati Sensi Idris (An                     Mirawati Sensi Idris Public Accounting Firm (An
 independent member of Moore Global Network                  independent member of Moore Global Network
 Limited) (“KAP”) dengan Benedictus Yuliando                 Limited) (“KAP”) with Benedictus Yuliando as the
 sebagai Akuntan Publik (“AP”) untuk melakukan               Public Accountant (“AP”) to audit the Company for
 audit atas Perusahaan untuk tahun buku yang                 the financial year ending December 31st, 2024. The
 berakhir 31 Desember 2024. Penunjukkan ini                  appointment was stipulated in the BOC Circular
 diperkuat dengan Surat Keputusan Sirkuler BOC               Decree dated September 30th, 2024. Currently,
 tertanggal 30 September 2024. Saat ini, KAP                 KAP office address is located at Intiland Tower, 8th
 beralamat kantor di Intiland Tower, 8th Floor Jalan         Floor Jalan Jend. Sudirman, Kavling 32, Jakarta
 Jend. Sudirman Kavling 32, Jakarta 10220.                   10220.

 Biaya jasa audit atas Laporan Keuangan untuk                The fee for auditing the Financial Statements for
 tahun buku yang berakhir pada 31 Desember                   the financial year ending December 31st, 2024 and
 2024 dan 2023 adalah masing-masing sebesar                  2023 is IDR460 million and IDR425 million.
 Rp460 juta dan Rp425 juta. [ACGS C.6.1]

 Selain jasa audit atas Laporan Keuangan, tidak              Apart from the audit services of the Financial
 ada jasa lainnya yang diberikan oleh akuntan                Statements, there was no other service rendered
 publik termaksud. [ACGS C.6.1]                              by the public accountant.

 Informasi mengenai AP dan KAP yang melakukan                The following is the information regarding AP and
 audit Perusahaan selama 5 (lima) tahun terakhir             KAP that audited the Company for the last 5 (five)
 adalah sebagai berikut:                                     years.


     Tahun Buku    Kantor Akuntan Publik                            Akuntan Publik        Opini
     Fiscal Year   Public Accounting Firm                           Public Accountant     Opinion

                   Mirawati Sensi Idris                                                   Wajar Tanpa Pengecualian
     2024          (An independent member of Moore Global Network   Benedictus Yuliando
                                                                                          Unqualified Opinion
                   Limited)
                   Mirawati Sensi Idris                                                   Wajar Tanpa Pengecualian
     2023          (An independent member of Moore Global Network   Leo Susanto
                                                                                          Unqualified Opinion
                   Limited)
                   Mirawati Sensi Idris                                                   Wajar Tanpa Pengecualian
     2022          (An independent member of Moore Global Network   Leo Susanto
                                                                                          Unqualified Opinion
                   Limited)
                   Mirawati Sensi Idris                                                   Wajar Tanpa Pengecualian
     2021          (An independent member of Moore Global Network   Leo Susanto
                                                                                          Unqualified Opinion
                   Limited)
                   Mirawati Sensi Idris                                                   Wajar Tanpa Pengecualian
     2020          (An independent member of Moore Global Network   Yelly Warsono
                                                                                          Unqualified Opinion
                   Limited)




84          LAPORAN TAHUNAN 2024
Page 85
    Company Profile                                                                        PT Duta Pertiwi Tbk




LEMBAGA DAN/ATAU PROFESI
PENUNJANG PASAR MODAL
SELAIN AP DAN KAP
Capital Market Supporting Institutions and/or Professions
other than AP and KAP
[SEOJK 2.e.21]




                                                                                                          Biaya Jasa
                                  Nama
                                                                                                          Lembaga/Profesi
                   Lembaga/       Lembaga/
                                                                                                          Tahun Buku
 Periode           Profesi        Profesi        Alamat                      Tugas
                                                                                                          Institutional Fee
 Period            Institution/   Name of        Address                     Duties
                                                                                                          / Professional
                   Profession     Institution/
                                                                                                          Service Fees for the
                                  Professional
                                                                                                          Financial Year


 2008 – sekarang      Biro        PT Sinartama   Menara Tekno 7th Floor      Melaksanakan     kegiatan    Rp50-60 juta
      – present    Administrasi   Gunita         Jl. Fachrudin No. 19,       penyimpanan          dan     IDR50-60 million
                      Efek                       Tanah Abang                 pengalihan    hak    atas
                     Share                       Jakarta Pusat 10250         saham          pemegang
                    Registrar                     +62 21 392 2332           saham, menyusun daftar
                                                  +62 21 392 3003           pemegang saham dan
                                                  www.sinartama.co.id       perubahannya         atas
                                                                             permintaan    Perusahaan
                                                                             dan          menyiapkan
                                                                             korespondensi Perusahaan
                                                                             dengan pemegang saham.

                                                                             Depository and transfer of
                                                                             the shareholders’ shares
                                                                             rights duties, prepares
                                                                             the list of shareholders
                                                                             and its changes upon the
                                                                             Company’s request and
                                                                             prepares the Company’s
                                                                             correspondence with the
                                                                             shareholders.

 2001 – sekarang       Bank       PT Kustodian   Indonesia Stock             Menyediakan         jasa     Rp10-15 juta
      – present      Kustodian    Sentral Efek   Exchange Building,          kustodian dan penitipan      IDR10-15 million
                     Custodian    Indonesia      Menara I Lantai 5,          efek serta melakukan
                       Bank                      Jl. Jend. Sudirman          pelaksanaan pembayaran
                                                 Kav. 52-53, Jakarta 12190   pokok dan bunga obligasi.
                                                  +62 21 5299 1099
                                                  +62 21 5299 1199          Providing        central
                                                                             custodian and securities
                                                                             depository services as
                                                                             well as bond and coupon
                                                                             payment.



 2012 – sekarang       Notaris    Syarifudin,    Ruko Lakeshop No. 35,       Menyiapkan          dan      Rp20-30 juta
       – present       Notary     S.H.           Modernland,                 membuatkan akta-akta,        IDR20-30 million
                                                 Tangerang, Banten           menghadiri rapat-rapat,
                                                  +62 21 5529 289           sehubungan       dengan
                                                  +62 21 5529 324           kegiatan     Perusahaan
                                                                             dalam pasar modal.

                                                                             Preparing and making
                                                                             the    deeds,   attending
                                                                             meetings, according to
                                                                             the Company’s activities
                                                                             in the capital market.




                                                                                          2024 ANNUAL REPORT                     85
Page 86
     Profil Perusahaan




 JEJAK LANGKAH
 Milestones



                                           Mulai   mengembangkan
                                           proyek superblok ITC Roxy
                                           Mas.

                                           Mulai   mengembangkan
     Mengawali     usaha    di             proyek         perumahan
     bisnis real estat dengan              Taman Banjar Wijaya di        Penawaran        umum
     mengembangkan        area             Tangerang, Kota Bunga di      perdana di BES sebanyak
     komersial Ruko Pangeran               Bogor dan Taman Permata       25 juta saham dengan
     Jayakarta dan perumahan               Buana di Jakarta.             harga penawaran sebesar
     Taman Duta Mas, Jakarta.                                            Rp3.150 /saham.
                                           Mulai   mengembangkan
     Mulai   mengembangkan                 proyek Hotel Le Grandeur,     Mulai  mengembangkan
     superblok pertama yaitu               Balikpapan.                   proyek  superblok   ITC
     ITC Mangga Dua, Jakarta.                                            Cempaka Mas, Jakarta.



     1987 — 1989                           1990 — 1993                     1994




      Mulai mengembangkan proyek superblok ITC Permata Hijau,            Mengakuisisi       64,25%
      Jakarta dan ITC Depok.                                             saham PT Wijaya Pratama
                                                                         Raya yang memiliki proyek
      Penerbitan Obligasi Amortisasi Duta Pertiwi IV dan Obligasi Duta   DP Mall di Semarang.
      Pertiwi V masing-masing sebesar Rp500 miliar.
                                                                         Plaza BII berubah nama
      Mulai mengembangkan proyek perumahan Grand Wisata,                 menjadi Sinarmas Land
      Bekasi.                                                            Plaza.

      ITC Surabaya Mega Grosir dan DP Mall, Semarang mulai               Go!Wet      Water   Park,
      beroperasi.                                                        Grand    Wisata     mulai
                                                                         beroperasi.
      Penambahan Modal dengan HMETD II sebanyak 462,50 juta
      saham dengan harga penawaran Rp1.059/saham.
                                                                         2013 — 2016
                                                   2002 — 2008




86      LAPORAN TAHUNAN 2024
Page 87
Company Profile                                                           PT Duta Pertiwi Tbk




                                                       1997 — 1998

                                                       Pemecahan Nilai Nominal Saham 1 : 2.

 1995 — 1996                                           Penerbitan Obligasi Duta Pertiwi II dan
                                                       Obligasi Duta Pertiwi III masing-masing
 Pembagian saham bonus dengan perbandingan             sebesar Rp500 miliar dan Rp350 miliar.
 4 (empat) saham memperoleh 1 (satu) saham
 bonus.                                                Penambahan Modal dengan           HMETD
                                                       sebanyak 693,75 juta saham.
 Penerbitan Obligasi Duta Pertiwi I sebesar
 Rp200 miliar.                                         Mulai mengembangkan proyek Mall
                                                       Mangga Dua, Surabaya dan proyek
 Konversi Obligasi sebanyak 52,50 juta saham.          perumahan Legenda Wisata, Cibubur.

 Mulai mengembangkan proyek Mall Ambassador,
 superblok ITC Fatmawati, gedung perkantoran
 Plaza BII dan Kota Wisata, Cibubur.




2017 — 2020                          2021 — 2023                            2024

                                                                        Grand   opening    Living
 Mulai    mengembangkan                Pengambilalihan saham            World Kota Wisata.
 proyek        Apartemen               PT Itomas Kembangan
 Southgate    di  Jakarta              Perdana.                         Topping off Hotel ARTOTEL
 Selatan.                                                               Kota Wisata.
                                       Grand   Opening   AEON
 Pembentukan       usaha               Mall  Tanjung Barat di           Topping off DP      Mall
 patungan          untuk               Southgate Apartment.             Expansion Semarang.
 membangun mall di Grand
 Wisata, Bekasi.                                                        Kapitalisasi Pasar per 31
                                                                        Desember 2024 mencapai
 Pembentukan         usaha                                              Rp6,70 triliun.
 patungan PT Duti Diamond
 Development         untuk
 membangun apartemen di
 kawasan ITC Fatmawati.

 Penghentian operasional
 Hotel    Le     Grandeur
 Mangga Dua dan Hotel Le
 Grandeur Balikpapan.




                                                                          2024 ANNUAL REPORT        87
Page 88
     Profil Perusahaan




 JEJAK LANGKAH
 Milestone



                                            Initiated development of
                                            superblock project of ITC
                                            Roxy Mas, Jakarta.
     Commenced operations in
     the real estate business by            Initiated    development      Initial Public Offering in
     developing the commercial              of residential project of     Surabaya Stock Exchange
     area Ruko (shophouses)                 Taman Banjar Wijaya in        of 25 million shares with
     in Pangeran Jayakarta                  Tangerang, Kota Bunga         the offering price of
     and the Taman Duta Mas                 in Bogor and Taman            IDR3,150 / share.
     residential    project   in            Permata Buana in Jakarta.
     Jakarta.                                                             Initiated development of
                                            Initiated    development      the superblock project
     Commenced operations of                of hotel operations of Le     of ITC Cempaka Mas,
     its first superblock project,          Grandeur, Balikpapan.         Jakarta.
     ITC Mangga Dua, Jakarta.



     1987 — 1989                           1990 — 1993                      1994




      Initiated development of superblock project of ITC Permata Hijau,   Acquired 64.25% shares of
      Jakarta and ITC Depok.                                              PT Wijaya Pratama Raya
                                                                          that owns DP Mall project
      Duta Pertiwi IV and Duta Pertiwi V Bond Issuance of IDR500          in Semarang.
      billion respectively.
                                                                          Plaza BII changed its
      Initiated development of residential project of Grand Wisata        name to Sinarmas Land
      project in Bekasi.                                                  Plaza.

      Commenced operations of ITC Surabaya Mega Grosir and DP             Commenced     operations
      Mall, Semarang.                                                     of Go!Wet Water Park,
                                                                          Grand Wisata.
      PMTHMETD II of 462.50 million shares with an offering price of
      IDR1,059 /share.
                                                                          2013 — 2016
                                                    2002 — 2008




88      LAPORAN TAHUNAN 2024
Page 89
Company Profile                                                               PT Duta Pertiwi Tbk




                                                         1997 — 1998

                                                         Stock Split 1:2.

 1995 — 1996                                             Duta Pertiwi II and Duta Pertiwi III Bond
                                                         Issuance of IDR500 billion and IDR350 billion
 Distribution of bonus shares with the ratio of          respectively.
 four shares to get one bonus share (4:1).
                                                         Offering of Shares with Preemptive Right of
 Duta Pertiwi I Bond Issuance of IDR200 billion.         693.75 million shares.

 Convertible Bond in the amount of 52.50 million         Commenced project of Mall Mangga Dua,
 shares.                                                 Surabaya and residential project of Legenda
                                                         Wisata, Cibubur.
 Started development of Mall Ambassador, ITC
 Fatmawati superblock, Plaza BII office building
 and Kota Wisata Cibubur.




2017 — 2020                           2021 — 2023                              2024

                                                                            Grand opening of Living
 Initiated development of               Share acquisition of PT             World Kota Wisata.
 the Southgate Apartment                Itomas      Kembangan
 in South Jakarta.                      Perdana.                            Topping off Hotel ARTOTEL
                                                                            Kota Wisata.
 Establishment of a joint               Grand Opening of AEON
 venture to build a mall at             Mall Tanjung Barat in               Topping off DP     Mall
 Grand Wisata, Bekasi.                  Southgate Apartment.                Expansion Semarang.

 Establishment of a joint                                                   As of December 31st, 2024,
 venture PT Duti Diamond                                                    the Company’s market
 Development to develop                                                     capitalization has reached
 apartments     in   ITC                                                    IDR6.70 trillion.
 Fatmawati area.

 The cessation operations of
 Le Grandeur Mangga Dua
 Hotel and Le Grandeur
 Balikpapan Hotel.




                                                                             2024 ANNUAL REPORT          89
Page 90
     Profil Perusahaan




 PERISTIWA
 PENTING
 Event Highlights



       17            Februari
                     February


                                                                   22
                                                                                  Februari
                                                                                  February




                                                                 Peluncuran      program         Launching the national
                                                                 nasional         “Infinite      program of “Infinite
     Grand opening klinik       Grand       opening      of      Living” 2024 sehingga           Living” 2024 to allow
     hewan dengan tema          veterinary           clinic      masyarakat          dapat       people to purchase the
     Home      Sweet    Paw:    carrying a theme of              membeli produk-produk           Company’s       property
     Pawlentine      Vaganza    Home       Sweet    Paws:        properti    Perusahaan          products with down
     di Aerium Residence,       Pawlentine Vaganza in            dengan    subsidi      DP       payment subsidy of up
     hunian     pertama    di   Aerium Residence, the            hingga   20%,      diskon       to 20%, discount of up
     Jakarta    Barat   yang    first residence in West          mencapai     26%,     dan       to 26%, and free of Land
     mengusung konsep The       Jakarta       introducing        bebas Bea Perolehan             and Building Acquisition
     First Prestigious Dog      a concept of The First           Hak atas Tanah dan              Fee (BPHTB), valid until
     Friendly Apartment.        Prestigious Dog Friendly         Bangunan        (BPHTB),        the end of 2024.
                                Apartment.                       hingga akhir tahun 2024.




       15
                     Maret
                     March


                                                              Soft opening Living             Soft opening of Living
                                                              World    Kota     Wisata        World     Kota    Wisata
                                                              Cibubur dengan konsep           Cibubur with a concept of
                                                              “Home Living, Lifestyle         “Home Living, Lifestyle &
                                                              &       Eat-ertainment”         Eat-ertainment”, which is
                                                              yang     dikembangkan           developed by PT Sahabat
                                                              oleh PT Sahabat Kota            Kota Wisata, a joint
                                                              Wisata,     perusahaan          venture, on an area of
                                                              ventura bersama, di area        200,000 m2.
                                                              200.000 m2.




90       LAPORAN TAHUNAN 2024
Page 91
Company Profile                                                                            PT Duta Pertiwi Tbk




   15
                Maret
                March


                                                            Peresmian HAPIMART,            Officiated  HAPIMART,
                                                            sebuah jaringan ritel          a retail network from
                                                            asal Tiongkok dan salah        China and one of the
                                                            satu anchor tenant yang        anchor tenants that
                                                            memperluas      pilihan        expands     consumers’
                                                            belanja bagi konsumen          shopping choices and
                                                            serta     meningkatkan         enhances the shopping
                                                            pengalaman berbelanja          experience    at   ITC
                                                            di ITC Cempaka Mas.            Cempaka Mas.




  23
                April



                                                                 30             Mei
                                                                                May




Grand Wisata Bekasi         Grand Wisata Bekasi
m e n g h a d i r k a n     presented the newest
                                                               PT Sahabat Kota Wisata,        PT     Sahabat     Kota
kawasan       residensial   high-end         residential
                                                               perusahaan        ventura      Wisata, a joint venture,
high-end terbaru yakni      area,        namely      the
                                                               bersama, menghadirkan          presented      ARTOTEL
the Kaia. Mengusung         Kaia. With a tagline
                                                               ARTOTEL Living World,          Living World, which is a
tagline “Elevate Living”,   of    “Elevate       Living”,
                                                               yaitu hotel butik dengan       boutique hotel with art
the Kaia memberikan         the Kaia offers space
                                                               konsep seni dan gaya           and lifestyle concept
fleksibilitas      ruang,   flexibility,    integration
                                                               hidup yang terintegrasi        that is integrated with
integrasi area indoor-      between indoor and
                                                               dengan Living World            Living    World    Kota
outdoor dan privasi.        outdoor and privacy.
                                                               Kota Wisata.                   Wisata.




  21
                Juni
                June




                                                            Penyelenggaraan RUPS           The Annual GMS of
                                                            Tahunan     Perusahaan         the    Company      was
                                                            berlangsung     dengan         held smoothly at the
                                                            lancar   di   Indonesia        Indonesia Convention
                                                            Convention Exhibition          Exhibition (ICE) BSD
                                                            (ICE) BSD City, lantai 1,      City, 1st floor, Garuda
                                                            ruang Garuda 6AB.              6AB room.




                                                                                        2024 ANNUAL REPORT               91
Page 92
     Profil Perusahaan




 PERISTIWA
 PENTING
 Event Highlights



       09
                     Juli
                     July



                                                              Wakil Presiden Ma’ruf         Vice President Ma’ruf
                                                              Amin         meresmikan       Amin     officiated   the
                                                              pengoperasian                 operation of Cibitung-
                                                              Jalan    Tol   Cibitung-      Cilincing     Toll  Road
                                                              Cilincing (JTCC) yang         (JTCC)         connecting
                                                              menghubungkan Kota            Kota Wisata Cibubur
                                                              Wisata Cibubur dengan         with several strategic
                                                              beberapa bandara dan          airports and ports.
                                                              pelabuhan strategis.




       01            September



                                                                   17            Desember
                                                                                 December




     Setelah klaster pertama     After the first cluster
     habis   terjual   dalam     was sold out within
     waktu singkat, Grand        a short time, Grand
     Wisata Bekasi kembali       Wisata Bekasi launched          Topping off DP Mall           Topping off DP Mall
     meluncurkan       Klaster   Levante     Cluster     in      Expansion          yang       Expansion that signs
     Levante di Kawasan          Klasika     Area     with       menandai berakhirnya          the end of structural
     Klasika          dengan     elegance of modern              pembangunan struktur          development           of
     keanggunan        desain    classic design in an area       dari   5    lantai  area      5-storeys shopping area
     klasik modern di area       close to commercial             perbelanjaan dan 10           and 10-storeys parking
     yang dekat dengan           superblocks.                    lantai parkir termasuk        areas, including one
     superblock komersial.                                       satu lantai basement.         basement floor.




92       LAPORAN TAHUNAN 2024
Page 93
 Company Profile                                                                 PT Duta Pertiwi Tbk




PENGHARGAAN
Awards




                         07           Agustus
                                      August

                                    GOLDEN PROPERTY AWARDS:
                                    THE PEOPLE’S CHOICE 2024
                                    Indonesia Property Watch


                                    Best Choice Housing Project Bekasi
                                    and Surrounding
                                    Grand Wisata



                                     Best Choice Housing Project Cibubur
                                                        and Surrounding
                                                               Kota Wisata




          21        Agustus
                    August

                   SUN TERRA AWARDS 2024
                   SUN TERRA


                   Largest Promising Solar Installation

                   Grand Wisata




                                               25          November

                                                          15TH IICD CORPORATE
                                                          GOVERNANCE AWARD
                                                          Indonesian Institute for
                                                          Corporate Directorship

                                                                        Top 50 Mid Capitalization
                                                                          Public Listed Company
                                                                              PT Duta Pertiwi Tbk




                                                                                2024 ANNUAL REPORT     93
Page 94
04




ANALISA DAN
PEMBAHASAN
MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS
Page 95
2024 LAPORAN TAHUNAN | ANNUAL REPORT       PT DUTA PERTIWI TBK




         Artist’s
      Impression    Living World • Kota Wisata • Cibubur
Page 96
     Analisa dan Pembahasan Manajemen




 ANALISA OPERASI
 PER SEGMEN USAHA
 Operational Analysis of Business Segments
 [SEOJK 2.f.1] [ACGS C.2.3]




 Dengan berbagai kebijakan dan langkah                  By implementing various policies and strategic
 strategis yang diterapkan, seperti desain yang         steps, such as modern and innovative designs,
 modern dan inovatif, kemitraan strategis, serta        strategic partnerships, and strong market
 pemahaman pasar yang kuat, Perusahaan                  understanding, the Company managed to hold
 berhasil mempertahankan posisinya di industri          its position in the Indonesia property industry.
 properti Indonesia.



     PRAPENJUALAN                                       Sepanjang tahun ini, Perusahaan mencatatkan
     Marketing Sales                                    kinerja prapenjualan yang melampaui target
                                                        Rp2,10 triliun, dengan total realisasi mencapai
                                                        Rp2,49 triliun. Kontributor terbesar adalah dari
                               48,16%                   Grand Wisata dan Kota Wisata yang masing-
                                                        masing menyumbang 48,41% dan 24,86% dari
                                        2.488           total prapenjualan Perusahaan.

                                                        Dari sisi segmen, kontribusi terbesar berasal dari
                      1.679                             segmen residensial, yang menyumbang 58,28%
                                                1.038   atau setara dengan Rp1,45 triliun. Sementara
                                                        segmen commercial menyumbang 41,72% atau
           521                                          setara Rp1,04 triliun.

                                                        Throughout this year, the Company recorded a
           1.158                                1.450
                                                        marketing sales exceeding its target of IDR2.10
                                                        trillion, with total actual number reaching IDR2.49
                                                        trillion. The largest contributors were from Grand
                                                        Wisata and Kota Wisata that contributed 48.41%
                                                        and 24.86%, respectively, of the Company’s total
                      2023              2024            marketing sales.

                                                        Segment wise, the largest contribution came
                                                        from residential segment that contributed 58.28%
      Rp miliar IDR billion
                                                        or equivalent to IDR1.45 trillion. Meanwhile,
                                                        commercial segment contributed 41.72% or
        Residential           Commercial                equivalent to IDR1.04 trillion.




96       LAPORAN TAHUNAN 2024
Page 97
   Management Discussion and Analysis                                           PT Duta Pertiwi Tbk



Segmen Residensial                                      Residential Segment
Tahun ini kontribusi terbesar pada prapenjualan         This year, the largest contribution to the
Perusahaan di segmen residensial berasal dari           Company’s marketing sales in the residential
Grand Wisata yang diikuti oleh Kota Wisata.             segment come from Grand Wisata, followed by
Pertumbuhan ini didorong dengan makin                   Kota Wisata. The growth was boosted by the
kuatnya permintaan properti di timur Jakarta            strong demand of property in east of Jakarta,
seiring dengan perluasan infrastruktur dan makin        inline with the infrastructure expansion and
banyaknya industri yang berkembang.                     larger number of developing industries

Grand Wisata telah meluncurkan 2 produk baru            Grand Wisata launched two new products this
tahun ini, yaitu Yara at the Kaia dan Klasika.          year, namely Yara at the Kaia and Klasika.

Yara menjadi pilihan tepat bagi mereka yang             Yara is the right choice for those looking for
mencari hunian mewah di kawasan Bekasi.                 luxury housing in the Bekasi area. This cluster
Klaster ini telah menerapkan teknologi rumah            has implemented smart home technology that
pintar yang memungkinkan penghuni dapat                 allows residents to control all aspects of the
mengontrol segala aspek rumah melalui                   house with the touch of a button.
sentuhan tombol.

Klasika tahun ini memperkenalkan Levante                Klasika this year introduced Levante with the
dengan keanggunan desain klasik modern di               elegance of modern classic design in an area
area yang dekat dengan superblock komersial.            close to the commercial superblock.

Berikut adalah proyek-proyek residensial yang           The following are residential projects that have
mulai dikonstruksi dan diluncurkan pada tahun           started construction and launched in 2024 by the
2024 oleh Perusahaan dan Entitas Anaknya:               Company and its Subsidiaries:


 Klaster/ Proyek                 Lokasi                                               Unit yang Dikontruksi
                                                                    Area (Ha)
 Cluster /Project                Location                                            Units Under Construction


 Yara at The Kaia                Grand Wisata, Bekasi                  3,8                     106


 Levante at Klasika              Grand Wisata, Bekasi                 4,4                      246




   Berikut adalah kinerja finansial segmen              The following is financial performance of the
   Residensial.                                         Residential segment.


   RESIDENTIAL
                                                                                          2.522

    Rp miliar IDR billion
                                            1.788                                                      62,90%
       Prapenjualan
       Marketing Sales                                                                                1.586

       Pendapatan                                                            1.450
       Revenues
                                                         57,68%
                                1.158
       Laba Kotor                                        1.031
       Gross Profit


       Marjin Laba Kotor
       Gross Proft Margin                   2023                                           2024




                                                                                2024 ANNUAL REPORT              97
Page 98
      Analisa dan Pembahasan Manajemen




 Segmen Commercial                                        Commercial Segment
 Di segmen commercial, prapenjualan antara lain           In the commercial segment, marketing sales
 dikontribusikan oleh Devant Business Loft di Kota        were contributed, among others, by Devant
 Wisata. Prapenjualan ruko mencapai Rp590,44              Business Loft in Kota Wisata. Marketing sales of
 miliar.                                                  shophouses reached IDR590.44 billion.

 Sementara itu, segmen apartemen disumbang                Meanwhile, the apartment segment was
 oleh Southgate dan Aerium di Jakarta serta               contributed by Southgate and Aerium in Jakarta
 Klaska Residence di Surabaya. Sebanyak 219 unit          and Klaska Residence in Surabaya. A total of
 apartemen terjual dengan nilai Rp447,29 miliar.          219 apartment units were sold with a value of
                                                          IDR447.29 billion.

 Perusahaan terus melakukan inovasi-inovasi               The Company continues to innovate to increase
 untuk meningkatkan nilai tambah apartemen                the added value of our apartments. Some of the
 kami. Beberapa inovasi yang kami dorong                  innovations that we are pushing this year in the
 pada tahun ini di segmen commercial, salah               commercial segment, one of which is making
 satunya adalah menjadikan Aerium Apartment               Aerium Apartment “The First Prestigious Dog
 “The First Prestigious Dog Friendly Apartment”           Friendly Apartment” and presenting a veterinary
 dan menghadirkan klinik hewan bertemakan                 clinic with the theme Home Sweet Paws:
 Home Sweet Paws: Pawlentine Vaganza. Tahun               Pawlentine Vaganza. This year the Company
 ini Perusahaan juga meresmikan Jembatan                  also inaugurated a Pedestrian Bridge (JPO) to
 Penyeberangan Orang (JPO) untuk memudahkan               make it easier for the public, including residents
 masyarakat, termasuk penghuni Southgate                  of Southgate Apartment, to cross and access
 Apartment, menyeberang dan mengakses                     Tanjung Barat Station and Transjakarta Bus
 Stasiun Tanjung Barat serta Halte Transjakarta.          Stops.

 Berikut adalah beberapa proyek commercial                The followings are some of the Company’s
 Perusahaan tahun ini.                                    commercial projects this year.

     Klaster/ Proyek Commercial    Lokasi                                                  Diluncurkan
                                                                      Area (Ha)
     Commercial Cluster /Project   Location                                               Launched Units


     Devant Business Loft          Kota Wisata, Cibubur                 1,6 Ha                 65




       Berikut adalah kinerja finansial segmen            The following is the financial performance of the
       Commercial:                                        Commercial segment:


       COMMERCIAL

        Rp miliar IDR billion                     1.324

          Prapenjualan                                                                      1.145
          Marketing Sales
                                                                                  1.038
                                                            49,30%
          Pendapatan
                                                                                                       39,87%
                                                             653
          Revenues                     521
                                                                                                           456
          Laba Kotor
          Gross Profit


          Marjin Laba Kotor
          Gross Proft Margin                       2023                                     2024




98        LAPORAN TAHUNAN 2024
Page 99
   Management Discussion and Analysis                                          PT Duta Pertiwi Tbk



Segmen Manajemen Aset                                  Asset Management Segment
Perusahaan     mengelola  aset-aset    yang            The Company manages assets that generate
menghasilkan pendapatan berulang, yaitu aset           recurring income, namely office and ITC assets.
perkantoran dan ITC.

Pada tahun ini tidak ada penambahan pasokan            This year there is no significant increase in office
perkantoran yang signifikan, menurut laporan 2         supply, according to a report by 2 property
konsultan properti JLL dan Colliers. Sementara         consultants JLL and Colliers. Meanwhile, demand
permintaan tampak lebih baik walau tren relokasi       appears to be better even though the relocation
dan downsizing tetap terjadi. Harga sewa kantor        and downsizing trends continue. Grade A office
Grade A turun -1,10% di tahun 2024 dengan tingkat      rental prices fell -1.10% in 2024 with a slightly
okupansi yang sedikit membaik di level 74%.            improved occupancy rate at 74%.

Berikut adalah kinerja perkantoran yang dikelola       The following is the performance of the offices
Perusahaan.                                            managed by the Company.




                                      GEDUNG PERKANTORAN
                                          Office Building




                                                                               100%



                                                                                         100%



                                                                                                  100%
                90%



                         89%
       87%




                                                              67%
                                                     95%
                                         76%




      2022     2023     2024             2022        2023    2024             2022      2023     2024



    Sinar Mas Land Plaza                     Cashbac                            Sopo Del Tower
         Tower 2 & 3                     (d/h Dimo Space)                          Jakarta
           Jakarta                            Jakarta




Selain perkantoran, Perusahaan juga mengelola          In addition to offices, the Company also
aset ITC. Dengan tenant relations yang baik dan        manages ITC assets. With good tenant relations
kolaborasi dengan mitra strategis, disertai dengan     and collaboration with strategic partners,
pengelolaan media sosial dan aplikasi daring,          accompanied by social media management and
Perusahaan mempertahankan ITC sebagai                  online applications, the Company maintains ITC
tempat pengalaman berbelanja yang unik dan             as a place for a unique and enjoyable shopping
menyenangkan. Perusahaan juga memanfaatkan             experience. The Company also utilizes the spaces
ruang-ruang yang masih tersedia untuk berbagai         that are still available for various facilities and
fasilitas serta mengundang anchor tenant yang          invites anchor tenants who can increase foot
dapat meningkatkan foot traffic ke ITC.                traffic to ITC.




                                                                              2024 ANNUAL REPORT         99
Page 100
      Analisa dan Pembahasan Manajemen




 Berikut adalah tingkat hunian proyek superblok     The following are occupancy rate of superblocks
 dan ITC selama tiga tahun terakhir.                and ITC projects for the last three years.

                                          SUPERBLOK & ITC
                                          Superblocks & ITC
                 60%



                         60%




                                                                                   79%
         54%




                                                  58%




                                                                                            77%
                                                                          72%
                                                          57%
                                         55%




         2022    2023   2024             2022    2023    2024            2022      2023     2024

         ITC Permata Hijau               ITC Cempaka Mas                        ITC Depok
              Jakarta                         Jakarta
                                                  90%



                                                          88%
         68%




                                                                                   67%



                                                                                            67%
                         72%




                                                                          72%
                 74%




                                         73%




         2022    2023   2024             2022    2023    2024            2022      2023     2024
           ITC Fatmawati                 ITC Mangga Dua                     ITC Kuningan
               Jakarta                        Jakarta                          Jakarta
                                         84%
                         90%




                                                  89%



                                                          89%
         87%




                                                                                            69%
                                                                                   54%
                                                                          55%
                 91%




         2022    2023   2024             2022    2023    2024            2022      2023     2024

         Mall Ambassador                   ITC Roxy Mas                     ITC Surabaya
              Jakarta                         Jakarta



100      LAPORAN TAHUNAN 2024
Page 101
   Management Discussion and Analysis                                           PT Duta Pertiwi Tbk



Segmen Retail and Hospitality                          Retail and Hospitality Segment
Seiring dengan makin meningkatnya kebutuhan            Along with the increasing need for recreation and
rekreasi dan aktivitas bisnis, makin penting           business activities, the contribution made by the
pula kontribusi yang diberikan segmen retail           retail and hospitality segment to the company’s
and hospitality terhadap Pendapatan Usaha              business revenue is increasingly important.
Perusahaan.

JLL Indonesia melaporkan bahwa pasar                   JLL Indonesia reported that the retail property
properti retail menunjukan kinerja yang terjaga        market showed maintained performance with
dengan okupansi di level 90% pada kuartal III          occupancy at 90% in the third quarter of 2024.
2024. Lebih lanjut, pusat perbelanjaan yang            Furthermore, shopping centers that can offer
dapat menawarkan fasilitas one stop shopping           one-stop shopping facilities and diverse tenants,
dan tenant yang beragam, mendapatkan                   gain more benefits. The demand and need for
keuntungan lebih. Permintaan dan kebutuhan             retail space is thought to have received a major
akan ruang retail ditengarai mendapatkan               boost from the food and beverage and fashion
dorongan besar dari industri makanan dan               industries. Meanwhile, the entertainment sector
minuman dan fesyen. Sementara sektor hiburan           such as cinemas or children’s play areas, adds
seperti sinema atau tempat bermain anak-anak,          to the variety of space needs in retail shopping
menambahkan variasi kebutuhan akan ruang di            centers.
pusat perbelanjaan retail.

Kami mengembangkan beberapa aset ritel                 We develop several extensive retail assets with
yang luas dengan konsep-konsep unik yang               unique concepts tailored to the market served.
disesuaikan dengan pasar yang dilayani. AEON           AEON Mall Southgate Jakarta occupies a leased
Mall Southgate Jakarta menempati lahan sewa            land area of 47,586 m2. AEON Mall is the first zero-
seluas 47.586 m2. AEON Mall ini adalah mal             waste mall by implementing 6R, namely reduce,
pertama bebas sampah dengan menerapkan                 reuse, recycle, repair, refuse and rethink.
6R, yaitu reduce, reuse, recycle, repair, refuse dan
rethink.

Berikut adalah tingkat okupansi mal dan hotel          The following is the occupancy rate of the mall
yang dikelola oleh Perusahaan.                         and hotel that are managed by the Company.


                                         RETAIL & HOSPITALITY
                                                                       80%
                                           88%
                         94%



                                  98%




                                                                                78%
                                                             72%




                        2022     2023     2024              2022      2023      2024

                                DP Mall                            Rooms Inc.
                               Semarang                            Semarang




                                                                                2024 ANNUAL REPORT       101
Page 102
      Analisa dan Pembahasan Manajemen




 Tahun ini DP Mall Extension telah topping off.         This year, DP Mall Extension has topped off. DP
 DP Mall yang dibangun di atas lahan seluas             Mall, built on 3 hectares of land, will be the first
 3 hektar akan menjadi lifestyle mall dan eco-          and foremost lifestyle mall and eco-building in
 building pertama dan terdepan di Semarang              Semarang with a green open space concept.
 dengan konsep ruang terbuka hijau. Saat ini DP         Currently, DP Mall has attracted new tenants,
 Mall telah menarik tenant baru, termasuk AEON          including the first AEON Supermarket in Central
 Supermarket pertama di Jawa Tengah.                    Java.

 Perusahaan tahun ini juga meluncurkan Living           This year, the Company also launched Living
 World Kota Wisata yang akan terintegrasi dengan        World Kota Wisata which will be integrated
 ARTOTEL Living World, hotel dengan konsep              with ARTOTEL Living World, a hotel with an art
 seni. Living World Kota Wisata dengan luas area        concept. Living World Kota Wisata with an area
 200.000 m2 telah menjadi salah satu mal terbesar       of 200,000 m2 has become the largest mall in
 di timur Jakarta yang menarik banyak tenant.           East Jakarta that attracts many tenants.

 Di luar ARTOTEL yang saat ini masih dalam tahap        Apart from ARTOTEL which is currently in the
 topping off, Perusahaan kini mengelola Rooms Inc.      topping off stage, the Company now manages
 di Semarang yang berlokasi di sebelah DP Mall.         Rooms Inc. in Semarang which is located next
                                                        to DP Mall.

 Penambahan hotel dalam portofolio Perusahaan           The addition of hotels to the Company’s portfolio
 terjadi tepat pada waktunya di mana jumlah             comes at a time when the number of foreign
 kunjungan wisatawan mancanegara (wisman)               tourists visits in 2024 is the highest achievement
 pada tahun 2024 merupakan capaian tertinggi            since 2020, according to BPS. Foreign tourist
 sejak tahun 2020, menurut BPS. Kunjungan wisman        visits this year reached 13,902,420 visits, with an
 tahun ini mencapai 13.902.420 kunjungan, dengan        average expenditure of US$1,391.85 per visit and
 rata-rata pengeluaran US$1.391,85 per kunjungan        an average length of stay of 11.52 nights.
 dan rata-rata lama tinggal 11,52 malam.

 Selain mal dan hotel, Perusahaan juga mengelola        In addition to malls and hotels, the Company
 Go!Wet Waterpark di Grand Wisata Bekasi.               also manages Go!Wet Waterpark in Grand
 Go!Wet Waterpark mengalami peningkatan                 Wisata Bekasi. Go!Wet Waterpark experienced
 aktivitas yang signifikan sebagaimana nampak           significant increases in activity as seen in the
 dari gambar di bawah. Peningkatan pengunjung           image below. The increase in visitors contributed
 menyumbangkan pertumbuhan pendapatan                   to the growth of revenue and profitability of this
 dan profitabilitas dari segmen ini.                    segment.


                              JUMLAH PENGUNJUNG          GO! WET
                                Number of Visitors to    Grand Wisata, Bekasi




                       2022                              2023                             2024
                                                                                263.044
                                           190.885
            147.071




102      LAPORAN TAHUNAN 2024
Page 103
   Management Discussion and Analysis                                       PT Duta Pertiwi Tbk




ANALISIS KEUANGAN
Financial Analysis
[SEOJK 2.f.2] [ACGS C.2.2]



Pembahasan dan analisa berikut mengacu pada         The following discussion and analysis refer
Laporan Keuangan Konsolidasian Perusahaan           to the Consolidated Financial Statements of
beserta Entitas Anak dan catatan terkait untuk      the Company and its Subsidiaries and related
tahun-tahun yang berakhir pada 31 Desember          notes for the periods ending on December
2024 dan 2023, sebagaimana yang telah diaudit       31st, 2024 and 2023, as audited by Registered
oleh Kantor Akuntan Publik Mirawati Sensi Idris     Public Accountants Mirawati Sensi Idris (an
(an independent member of Moore Global              independent member of Moore Global Network
Network Limited), selanjutnya disebut KAP, yang     Limited), hereinafter referred to as KAP, that is an
merupakan bagian tak terpisahkan dari Laporan       integral part of this Annual Report.
Tahunan ini.

Laporan Keuangan Konsolidasian Perusahaan           The Company and its Subsidiaries’ Consolidated
beserta Entitas Anak dan catatan terkait untuk      Financial Statements and related notes for
tahun-tahun yang berakhir pada 31 Desember          the periods ending on December 31st, 2024 and
2024 dan 2023, telah dilengkapi dengan Surat        2023, has been accompanied by the Directors’
Pernyataan Direksi yang menyatakan bahwa            Statement that all information has been (i) fully
semua informasi di dalamnya adalah (i) lengkap      and correctly disclosed; and (ii) do not contain
dan benar; dan (ii) tidak mengandung informasi      materially misleading information or facts and
atau fakta material yang tidak benar dan tidak      do not conceal any information or fact.
menghilangkan informasi atau fakta material.
[ACGS C.8.3]


Laporan Keuangan ini telah disampaikan oleh         The Financial Statements were submitted by the
Perusahaan kepada BEI dengan tembusan               Company to the BEI with a copy forwarded to the
kepada OJK dalam surat No.008/IR-CS/DP/             OJK in a letter No.008/IR-CS/DP/ III/2025 dated
III/2025 pada tanggal 25 Maret 2025, disertai       March 25th, 2025 along with letter No.009/IR-CS/
dengan surat No.009/IR-CS/DP/III/2025 tanggal       DP/ III/2025 dated March 25th, 2025 regarding
25 Maret 2025 mengenai Penjelasan Perusahaan        the Company explanation in connection with
sehubungan dengan adanya perubahan lebih            changes of Total Liabilities of more than 20%.
dari 20% atas akun Total Liabilitas. [ACGS C.8.1]

Menurut pendapat KAP sesuai yang tercantum          According to KAP as specified in letter
dalam       surat No.00364/2.1090/AU.1/03/1905-     No.00364/2.1090/AU.1/03/1905-1/1/III/2025 dated
1/1/III/2025 tanggal 24 Maret 2025, Laporan         March 24th, 2025, the Consolidated Financial
Keuangan Konsolidasian Perusahaan dan               Statements of the Company and its Subsidiaries,
Entitas Anak untuk tahun-tahun yang berakhir        as of December 31st, 2024 and 2023 are issued
pada 31 Desember 2024 dan 2023 mendapatkan          with an “Unqualified Opinion”, aligning with the
opini “Wajar tanpa pengecualian”, sesuai dengan     Indonesian Financial Accounting Standards.
Standar Akuntansi Keuangan di Indonesia.

Sekilas Kinerja Keuangan                            Financial Performance in Brief
Tahun        ini  Perusahaan      mencatatkan       This year, the Company recorded a growth in
pertumbuhan Pendapatan sebesar 14,51%               Revenues of 14.51% to IDR4.42 trillion. Meanwhile,
menjadi Rp4,42 triliun. Sedangkan Laba Bersih       its Net Profit worth IDR851.77 billion. Total Assets
tercatat sebesar Rp851,77 miliar. Jumlah Aset       were solid at IDR14.36 trillion with Total Equity of
kokoh di Rp14,36 triliun dengan Jumlah Ekuitas      IDR11.87 trillion.
Rp11,87 triliun.




                                                                           2024 ANNUAL REPORT         103
Page 104
      Analisa dan Pembahasan Manajemen




 LAPORAN POSISI KEUANGAN
 Statements of Financial Position



      Jumlah Aset [SEOJK 2.f.2.a]                                  Jumlah Aset Lancar [SEOJK 2.f.2.a]
      Jumlah Aset tercatat Rp14,36 triliun, turun                  Jumlah Aset Lancar tercatat Rp6,70 triliun,
      Rp769,09 miliar dibandingkan tahun 2023                      turun Rp935,60 miliar karena penurunan
      karena penurunan Persediaan.                                 Persediaan.

      Total Assets                                                 Total Current Assets
      Total Assets were IDR14.36 trillion, down by                 Total Current Assets were recorded at IDR6.70
      IDR769.09 billion from 2023 due to a decline                 trillion, down by IDR935.60 billion due to a
      in Inventories.                                              decline in Inventories.




                  15.131                                                       7.633
                                   14.462

                                                                                                6.697
                                             -5,08%




                                                                                                         -12,26%




                   2023               2024                                     2023               2024

                    Rp miliar IDR billion                                       Rp miliar IDR billion




       Kas dan Setara Kas                                        Cash and Cash Equivalent
       Kas dan Setara Kas tercatat Rp2,53 triliun,               Cash and Cash Equivalent were recorded
       turun Rp350,39 miliar dari tahun 2023.                    at IDR2.53 trillion. Most of Cash and Cash
       Sebagian besar Kas dan Setara Kas berbentuk               Equivalent were in a form of Rupiah Time
       Deposito Berjangka Rupiah dengan kisaran                  Deposit with interest ranging from 3.25% to
       bunga 3,25% - 7,00%.                                      7.00%.



                                                                                            Bank dan Deposito
           2.876                                                                            Berjangka (Rupiah)
                              2.525                                                         Bank and Time Deposit
                                                                2.520                       (Rupiah)

                                                                              2,04
                                                                                            Bank dan Deposito
                                                                              2,85
                                      -12,18%                                               Berjangka (Mata Uang
                                                                                            Asing)
                                                                                            Bank and Time Deposit
                                                                                            (Foreign Currency)

           2023               2024                              2024                        Kas
                                                                                            Cash

                                        Rp miliar IDR billion




104       LAPORAN TAHUNAN 2024
Page 105
Management Discussion and Analysis                                               PT Duta Pertiwi Tbk




Investasi Jangka Pendek                                   Short-term Investment
Investasi Jangka Pendek tercatat Rp240,43                 Short-term Investment was recorded at
miliar, yang terdiri atas Bank dan Deposito               IDR240.43 billion, consisting of Bank and Time
Berjangka dengan kisaran suku bunga 1,75%                 Deposits with interest rate ranging from 1.75%
- 5,70%.                                                  to 5.70%.

Piutang Usaha                                             Trade Accounts Receivables
Piutang Usaha tercatat Rp78,56 miliar, naik               Trade Accounts Receivables were recorded at
Rp55,02 miliar dibandingkan tahun 2023.                   IDR78.56 billion, increased by IDR55.02 billion
Sebagian besar Piutang Usaha adalah dari                  from 2023. Most Trade Accounts Receivables
pihak ketiga dan sudah jatuh tempo 91-120                 were from third parties and have been due
hari. Manajemen telah melakukan cadangan                  for 91-120 days. Management has made an
kerugian penurunan nilai sebesar Rp1,55 miliar.           allowance for impairment worth IDR1.55
                                                          billion.



                                                                               > 6 bulan - 1 tahun
                                                                               > 6 months - 1 year
                      79                                              0
                                                                          3    > 3 bulan - 6 bulan

      45                     74,10%                                            > 3 months - 6 months
                                                 37               4
                                                                               > 1 bulan - 3 bulan
                                                                  4            > 1 month - 3 months

                                                                               Sampai dengan 1 bulan
                                                                               Less than 1 month
    2023             2024                             2024
                                                                               Belum jatuh tempo & tidak
                                                                               mengalami penurunan nilai
                                                                               Not past due and not impaired
                             Rp miliar IDR billion




Persediaan                                                Inventories
Persediaan tercatat Rp3,36 triliun, turun                 Inventories were recorded at IDR3.36
Rp667,55 miliar. Sebagian besar Persediaan                trillion, down by IDR667.55 billion. Most of
adalah persediaan real estat, yaitu Rp3,36 triliun.       the Inventories were real estate inventories,
                                                          namely IDR3.36 trillion.




                                            Persediaan
    4.026                                    Hotel dan     2023       1
                                               Lainnya
                                              Hotel and
                     3.358                       Other
                                            Inventories    2024       1


                             -16,58%
                                            Persediaan     2023                                 4.024
                                             Real Estat
                                            Real Estate
                                            Inventories
                                                           2024                         3.357
     2023            2024


                             Rp miliar IDR billion




                                                                                 2024 ANNUAL REPORT            105
Page 106
      Analisa dan Pembahasan Manajemen




      Aset Tidak Lancar [SEOJK 2.f.2.a]                      Noncurrent Assets
      Aset Tidak Lancar tercatat Rp7,67 triliun, naik        Noncurrent Assets were recorded at IDR7.67
      Rp166,51 miliar dibandingkan 2023.                     trillion, up by IDR166.51 billion from 2023.



                          7.665
                                           Investasi dalam Saham
         7.499
                                           Investasi    dalam     Saham
                                           tercatat Rp607,38 miliar, naik                               607
                                  2,22%                                            590
                                           Rp17,48 miliar dibandingkan
                                           2023. Sebagian besar dari                                          2,96%
                                           Investasi dalam Saham adalah
                                           kepada perusahaan asosiasi,
                                           yaitu Rp584,73 miliar.

                                           Investment in Shares
                                           Investment in Shares was
         2023             2024             recorded at IDR607.38 billion,
                                           up by IDR17.48 billion from
          Rp miliar IDR billion            2023. Most of the Investment            2023                 2024
                                           in Shares was to associates,
                                           namely IDR584.73 billion.                    Rp miliar IDR billion




       Tanah yang Belum Dikembangkan
       Tanah     yang     Belum      Dikembangkan                                                  4.644
                                                                                4.557
       tercatat Rp4,64 trillion, naik Rp87,32 miliar
       dibandingkan 2023, khususnya karena
                                                                                                           1,92%
       kenaikan nilai di Roxy II, Jakarta.

       Land for Development
       Land for Development was recorded at
                                                                   Rp miliar
       IDR4.64 trillion, up by IDR87.32 billion                   IDR billion
       from 2023, especially due to the rising
                                                                                2023                2024
       value in Roxy II, Jakarta.


       NILAI TANAH YANG BELUM DIKEMBANGKAN
       Value of Land for Development                                                       Rp miliar IDR billion


                  2024                                                                          1.584
        Roxy II

                  2023                                                                  1.457


                  2024                                                            1.441
      Surabaya

                  2023                                                          1.431


                  2024                                 759
       Grand
       Wisata
                  2023                           717




106      LAPORAN TAHUNAN 2024
Page 107
Management Discussion and Analysis                                      PT Duta Pertiwi Tbk




            2024                        713
  Kota
 Wisata
            2023                                 808


            2024             121
  Bekasi

            2023             121


Mangga
            2024        17
   Dua
 Center
            2023        17


            2024    8
   Kota
  Bunga
            2023    8



 LUAS TANAH YANG BELUM DIKEMBANGKAN
 Area of Land for Development                                                           M2


            2024                                                            4.820.092
 Grand
 Wisata
            2023                                                           4.805.922


            2024                                                    4.352.954
Surabaya
            2023                                                    4.352.954


            2024                                        1.594.074
  Kota
 Wisata
            2023                                            1.833.685


            2024                              850.306
  Bekasi
            2023                              850.306


            2024              177.088
  Roxy II
            2023             177.019


            2024    24.186
Mangga
   Dua
 Center
            2023    24.186


            2024   64.715
   Kota
  Bunga
            2023   64.715




                                                                    2024 ANNUAL REPORT        107
Page 108
      Analisa dan Pembahasan Manajemen




       Aset Tetap
       Aset Tetap tercatat Rp220,23 miliar, turun
       Rp6,59 miliar dibandingkan 2023. Aset Tetap
       terbesar adalah dalam bentuk bangunan,
       sebesar Rp136,51 miliar, atau 61,99% dari total                      227
       nilai Aset Tetap.
                                                                                             220
       Property and Equipment
       Property and Equipment were recorded                                                        -2,91%
       at IDR220.23 billion, down by IDR6.59
       billion from 2023. The largest Property
                                                               Rp miliar
       and Equipment was in buildings, worth                  IDR billion
       IDR136.51 billion or 61.99% of the total
                                                                            2023            2024
       value of Property and Equipment.

       ASET TETAP
       Property and Equipment                                                       Rp miliar IDR billion


                    2024                                                      137
       Bangunan
        Buildings
                    2023                                                              149


                    2024                                 43
           Tanah
            Land
                    2023                                 43


      Kendaraan
                    2024                       22
  Transportation
      equipment
                    2023                  17


      Inventaris
                    2024             15
   Furniture and
         fixtures
                    2023            14

         Sarana
     Pelengkap
                2024            2
  pembangunan
       Building
  improvements 2023             3


                    2024    1
      Mesin-mesin
       Machinery
                    2023    1

     Aset tetap
         dalam
                 2024       0
  pembangunan
  Contruction in
       progress 2023        0

      Perbaikan
      aset yang
                2024        -
         disewa
     Leasehold
  improvements 2023         -




108      LAPORAN TAHUNAN 2024
Page 109
 Management Discussion and Analysis                                      PT Duta Pertiwi Tbk




Properti Investasi
Luas Properti Investasi naik 3.199m2 menjadi
256.592m2, dengan nilai yang juga meningkat
Rp3,27 triliun menjadi Rp5,36 triliun. Kenaikan nilai
paling signifikan terjadi pada properti investasi                     2.093           2.170
dalam pembangunan sebesar Rp3,38 triliun.

                                                                                             3,65%
Investment Properties
Investment Properties area increased
by 3,199m2 to 256,592m2, along with an
increasing value of IDR3.27 trillion to IDR5.36
                                                         Rp miliar
trillion. The most significant rise in value was        IDR billion
in construction in progress worth IDR3.38
                                                                      2023            2024
trillion.

PROPERTI INVESTASI BERDASARKAN NILAI
Investment Properties Based on Values                                         Rp miliar IDR billion


               2024                           886
   Aeon Mall
  South Gate
               2023                             935


               2024                    449
    DP Mall
  Semarang
               2023                     475


               2024          276
   Sinarmas
  Land Plaza
               2023              293


               2024              81
   Sopo Del
     Tower
               2023               87


               2024         68
Grand Wisata

               2023     55


               2024         34
    Cashbac

               2023         36


               2024     8
   Mega ITC
Cempaka Mas
               2023     8


               2024     3
  ITC Depok

               2023          77




                                                                        2024 ANNUAL REPORT            109
Page 110
      Analisa dan Pembahasan Manajemen




                     2024   -
       ITC Mangga
              Dua
                     2023   -

      Aset tetap
           dalam
      perjanjian
          rangka
         bangun, 2024            63
  kelola dan alih
           kelola
      Properties 2023            16
    under build,
    operate and
         transfer
     agreement


         Properti
        investasi 2024                              3.492
           dalam
  pembangunan
  Construction in 2023                                                     109.985
         progress



        PROPERTI INVESTASI BERDASARKAN LUAS AREA
        Investment Properties Based on Area                                          M2


                     2023                                                   84.646
         Sinar Mas
        Land Plaza
                     2024                                                   84.646


                     2023                                         53.633
          Sopo Del
            Tower
                     2024                                 2.754


                     2023                                         47.586
         Aeon Mall
        South Gate
                     2024                                         47.586


                     2023                        24.195
      Grand Wisata

                     2024                        24.195


                     2023               14.720
         Mega ITC
      Cempaka Mas
                     2024               14.720


                     2023         11.600
         ITC Depok

                     2024         11.600


                     2023       3.199
       ITC Mangga
              Dua
                     2024       3.199




110       LAPORAN TAHUNAN 2024
Page 111
Management Discussion and Analysis                                              PT Duta Pertiwi Tbk




             2023    2.754
  Sopo Del
    Tower
             2024    2.754


             2023    2.585
  Cashbac

             2024    2.585




Jumlah Liabilitas [SEOJK 2.f.2.b]                     Total Liabilities
Jumlah Liabilitas tercatat Rp2,49 triliun, turun      Total Liabilities were recorded at IDR2.49 trillion,
Rp1,18 triliun dari tahun 2023, khususnya             down by IDR1.18 trillion from 2023, especially
karena penurunan Liabilitas Kontrak..                 due to a decline in Contract Liabilities.


Liabilitas Jangka Pendek [SEOJK 2.f.2.b]                                    2.828
Liabilitas Jangka Pendek tercatat Rp1,71
triliun, turun Rp1,11 triliun dibandingkan 2023
                                                                                               1.713
karena penurunan Liabilitas Kontrak.

Current Liabilities                                                                                    -39,41%
Current Liabilities were recorded at IDR1.71
trillion, down by IDR1.11 trillion from 2023 due
to the declining Contract Liabilities.
                                                              Rp miliar
                                                             IDR billion
                                                                             2023              2024




Utang Usaha                                           Trade Accounts Payables
Utang Usaha turun Rp172,44 miliar menjadi             Trade Accounts Payables were down by
Rp225.71 miliar. Bagian terbesar Utang Usaha          IDR172.44 billion to IDR225.71 billion. The largest
adalah yang sudah jatuh tempo sampai                  part of Trade Accounts Payables was those
dengan 1 bulan, yaitu 92,75%.                         that have been due less than one month.



                                                                                 Sampai dengan 1 bulan
                                                                                Less than 1 month
    398
                                                                  0,03           > 1 bulan - 3 bulan

                    226                                           0,66          > 1 month - 3 months
                                               209           10
                                                                                 > 3 bulan - 6 bulan
                           -43,31%                                 6            > 3 months - 6 months

                                                                                 > 6 bulan - 1 tahun
                                                                                > 6 months - 1 year
    2023            2024                             2024
                                                                                 > 1 tahun
                                                                                > 1 year
                           Rp miliar IDR billion




                                                                               2024 ANNUAL REPORT                111
Page 112
      Analisa dan Pembahasan Manajemen




      Liabilitas Kontrak                                         Contract Liabilities
      Liabilitas Kontrak merupakan uang muka                     Contract Liabilities pertain to advances
      penjualan tanah dan bangunan yang                          received from buyers for the sale of land
      diterima dari pelanggan yang kewajiban                     and buildings, wherein the performance
      pelaksanaannya belum terpenuhi.                            obligation has not been satisfied.

      Liabilitas Kontrak tercatat Rp1,54 triliun,                Contract Liabilities were recorded at IDR1.54
      turun Rp956,54 miliar dibandingkan 2023,                   trillion, down by IDR956.54 billion from 2023,
      khususnya pada bagian jangka pendek.                       especially in the current portion. Most of the
      Sebagian Liabilitas Kontrak adalah pada tanah,             Contract Liabilities were in land, houses and
      rumah tinggal dan ruko senilai Rp1,46 triliun.             shophouses, worth IDR1.46 trillion.



       Total Liabilitas Kontrak
       Total Contract Liabilities


                     2.496
                                                                              538.391
                                                                                               Jangka Pendek
                                    1.540                                                      Current


                                                                         1.001.240             Jangka Panjang
                                            -38,32%
                                                                                               Non Current



                      2023          2024                                   2024


                                                Rp miliar IDR billion




      Uang Muka                                                  Advances Received
      Uang Muka Diterima berjumlah Rp82,20                       Advances Received totaled IDR82.20 billion,
      miliar, naik Rp2,73 miliar dibandingkan 2023.              increased by IDR2.73 billion from 2023.




      Liabilitas Jangka Panjang [SEOJK 2.f.2.b]
      Liabilitas Jangka Panjang tercatat Rp781,27
      miliar, turun Rp61,42 miliar dibandingkan 2023                                    843
      karena penurunan Liabilitas Kontrak.                                                           781

      Noncurrent Liabilities
      Noncurrent Liabilities were recorded at
      IDR781.27 billion, down by IDR61.42 billion from                                                       -7,29%
      2023, due to the decline in Contract Liabilities.
                                                                         Rp miliar
                                                                        IDR billion
                                                                                        2023        2024




112        LAPORAN TAHUNAN 2024
Page 113
   Management Discussion and Analysis                                                     PT Duta Pertiwi Tbk




   Jumlah Ekuitas [SEOJK 2.f.2.c]
   Jumlah Ekuitas tercatat Rp11,87 triliun, naik
   Rp406,88 miliar dari 2023 karena laba ditahan.
                                                                                                   11.868
   Total Equity                                                                      11.461
   Total Equity was recorded at IDR11.87 trillion, up
   by IDR406.88 billion from 2023 due to retained                                                             3,55%
   earnings.


                                                                        Rp miliar
                                                                       IDR billion
                                                                                     2023          2024



TINJAUAN LABA RUGI
Analysis of Profit or Loss



   Pendapatan Usaha [SEOJK 2.f.2.d]                               Revenues
   Pendapatan Usaha meningkat Rp560,26 miliar                     Revenues increased by IDR560.26 billion to
   menjadi Rp4,42 triliun. Kenaikan terbesar                      IDR4.42 trillion. The largest increase was in
   terjadi pada penjualan yang naik Rp554,69                      sales which increased by IDR554.69 billion
   miliar menjadi Rp3,67 triliun. Penjualan juga                  to IDR3.67 trillion. Sales is also the largest
   merupakan kontributor terbesar Pendapatan                      contributor of Revenues with 82.90%.
   Usaha dengan kontribusi 82,90%.



                         4.423                                                        3.112   582 25 144
                                                   Komposisi
                                                  Pendapatan       2023
        3.862                       14,51%             Usaha
                                                    Revenues
                                                  Composition      2024

                                                                                      3.666          588 25 143

                                                      Penjualan           Sewa        Hotel       Lain-lain

        2023                 2024                     Sales               Rental                  Others


                                       Rp miliar IDR billion




                                                                                         2024 ANNUAL REPORT           113
Page 114
      Analisa dan Pembahasan Manajemen




       Beban Pokok Penjualan [SEOJK 2.f.2.d]                    Cost of Revenues
       Seiring kenaikan Pendapatan Usaha, Beban                 Along with the increase in Revenues, the Cost
       Pokok Penjualan juga naik Rp265,54 miliar                of Revenues also increased by IDR2265.54
       menjadi Rp1,81 triliun.                                  billion to IDR1.81 trillion.

                                                                              Komposisi Beban Pokok Penjualan 2024
                                                                                      Composition of Cost of Revenues 2024

                           1.812
                                                             552                                 Penjualan Tanah dan
           1.547
                                                                         180                     Bangunan
                                                                                 8
                                                                                                 Sales of Land and
                                    17,17%                                                       Buildings

                                                              1.072                              Penjualan Tanah dan
                                                                                                 Bangunan Strata Title
                                                                                                 Sales of Land and Strata
                                                                                                 Title Buildings

           2023           2024                                2024                               Sewa
                                                                                                 Rental

                                   Rp miliar IDR billion                                         Hotel




        Laba Kotor [SEOJK 2.f.2.d]
        Laba Kotor naik Rp294,72 miliar menjadi
        Rp2,61 triliun dengan marjin laba kotor 59,02%.                                                          2.610
        Marjin terbesar ada pada segmen sewa dan                                            2.316
        hotel yaitu masing-masing 69,30% dan 67,71%.                                                                     12,73%


        Gross Profit
        Gross Profit went up by IDR294.72 billion
        to IDR2.61 trillion with gross profit margin                     Rp miliar
        of 59.02%. The largest margins were in                          IDR billion
        rental and hotel, namely 69.30% and                                                 2023                 2024
        67.71%, respectively.

        MARJIN LABA KOTOR
        Gross Profit Margin                                                                              Rp miliar IDR billion


      Marjin Laba 2023                                               59,95%
            Kotor
      Gross Profit
           Margin
                   2024                                             59,02%


                   2023                                                          69,46%
           Hotel

                   2024                                                        67,71%


                   2023                                                                         80,86%
           Sewa
          Rental
                   2024                                                          69,30%


                   2023                                    54,11%
       Penjualan
           Sales
                   2024                                     55,71%




114       LAPORAN TAHUNAN 2024
Page 115
Management Discussion and Analysis                                                                PT Duta Pertiwi Tbk




Beban Penjualan [SEOJK 2.f.2.d]                                 Selling Expenses
Beban Penjualan tercatat Rp693,09 miliar,                       Selling Expenses were recorded at IDR693.09
naik Rp115,31 miliar. Kenaikan terbesar ada                     billion, up by IDR115.31 billion. The largest
pada iklan, promosi dan komisi, yang juga                       increase was in advertising, promotion
merupakan kontributor terbesar.                                 and commission, that were also the largest
                                                                contributor.

 Jumlah Beban Penjualan
 Total Selling Expenses

                                                                                          Iklan, Promosi & Komisi

                          693                                                             Advertising, Promotions &
                                                                                          Commissions
      578
                                                                      90
                                                                                          Listrik, Telepon dan Keperluan

                                  19,96%
                                                                           41             Kantor
                                                    402
                                                                                          Electricity, Telephone and Office
                                                                       161                Expenses

                                                                                          Gaji & Tunjangan Karyawan
                                                                                          Salaries & Employees Allowances

                                                                                          Beban Penjualan
     2023                 2024                                 2024
                                                                                          Lain-lain
                                                                                          Other Selling Expenses

                                 Rp miliar IDR billion




Beban Umum dan Administrasi                                     General and Administrative Expenses
[SEOJK 2.f.2.d]                                                 General and Administrative Expenses were
Beban Umum dan Administrasi tercatat                            recorded at IDR403.98 billion, went up
Rp403,98 miliar, naik Rp20,55 miliar dari 2023.                 by IDR20.55 billion from 2023. The largest
Kontributor terbesar adalah gaji dan tunjangan                  contributor was salaries and employees’
karyawan, sementara kenaikan terbesar ada                       allowances, while the largest rise was in repairs
pada pemeliharaan dan perbaikan.                                and maintenance.


 Jumlah Beban Umum dan Administrasi
 Total General and Administrative Expenses
                                                                                                Gaji & Tunjangan Karyawan
                                                                                                Salaries & Employees
                                                                                                Allowances
                                                                                                Pajak Bumi
                          404                                                                   dan Bangunan
                                                                                                Land and Building Tax
      383
                                                                       45                       Pemeliharaan & Perbaikan
                                                         221                                    Repairs & Maintenance
                                  5,36%                                              26
                                                                                                Penyusutan dan Amortisasi
                                                                                     18         Depreciation and Amortization

                                                                 81             13              Imbalan Kerja
                                                                                                Jangka Panjang
                                                                                                Long-Term Employee Benefits
                                                                                                Expense
     2023                 2024                                 2024
                                                                                                Beban Umum dan
                                                                                                Administrasi Lain-lain
                                                                                                Other General and
                                 Rp miliar IDR billion                                          Administrative Expenses




                                                                                                 2024 ANNUAL REPORT             115
Page 116
      Analisa dan Pembahasan Manajemen




      Laba Usaha [SEOJK 2.f.2.d]
      Laba Usaha tercatat Rp1,36 triliun, naik Rp166,51                                      1.359
      miliar. Marjin laba usaha adalah 30,73%                                  1.192

      Operating Profit                                                                               13,96%
      Operating Profit was recorded at IDR1.36
      trillion, up by IDR166.51 billion. Operating profit
      margin was 30.73%.
                                                                  Rp miliar
                                                                 IDR billion
                                                                               2023          2024




 Penghasilan (Beban) Lain-lain [SEOJK 2.f.2.d]              Other Income (Expenses)
 Tahun ini, Perusahaan mencatatkan Beban Lain-              This year, the Company recorded net Other
 lain bersih sebesar Rp9,51 miliar, dibandingkan            Expenses of IDR9.51 billion, as compared to Other
 Penghasilan Lain-lain pada tahun 2023.                     Income in 2023.

 Beban Bunga [SEOJK 2.f.2.d]                                Interest Expenses
 Beban Bunga dan Keuangan Lainnya tercatat                  Interest and Other Financial Expenses were
 Rp126,03 miliar, turun Rp75,39 miliar. Penurunan           recorded at IDR126.03 billion, down by IDR75.39
 signifikan dikarenakan penurunan Beban Bunga               billion. The significant decrease was due to
 atas Liabilitas Kontrak seiring dengan penurunan           the decrease of interest expense on Contract
 nilai Liabilitas Kontrak.                                  Liabilities that was parallel with the declining
                                                            value of Contract Liabilities.




      Laba Sebelum Pajak [SEOJK 2.f.2.d]
      Laba Sebelum Pajak tercatat Rp1,38 triliun,                                            1.377
      meningkat Rp89,59 miliar dan mencerminkan                                1.287
      marjin laba sebelum pajak sebesar 31,14%.
                                                                                                     6,96%

      Profit Before Tax
      Profit Before Tax was recorded at IDR1.38
      trillion, increased by IDR89.59 billion and                 Rp miliar
      reflected profit before tax margin of 31.14%.              IDR billion
                                                                               2023          2024




 Beban Pajak Kini [SEOJK 2.f.2.d]                           Current Tax Expense
 Beban Pajak Kini yang ditanggung Perusahaan                Current Tax Expense borne by the Company was
 adalah Rp1,54 miliar.                                      IDR1.54 billion.




116      LAPORAN TAHUNAN 2024
Page 117
Management Discussion and Analysis                                         PT Duta Pertiwi Tbk




Laba Tahun Berjalan [SEOJK 2.f.2.d]               Profit for the Year
Laba Tahun Berjalan tercatat Rp1,38 triliun,      Profit for the Year was recorded at IDR1.38
naik Rp90,27 miliar dibandingkan 2023. Laba       trillion, up by IDR90.27 billion from 2023. Profit
Tahun Berjalan yang Dapat Diatribusikan           for the Year Attributable to the Owners of
kepada Pemilik Entitas Induk adalah Rp851,77      the Parent Company was IDR851.77 billion,
miliar, atau turun Rp214,65 miliar. Sementara     or decreased by IDR214.65 billion. Meanwhile,
Laba Tahun Berjalan yang Dapat Diatribusikan      Profit for the Year Attributable to the Non-
kepada Kepentingan Non Pengendali adalah          controlling Interests was IDR523.76 billion, rose
Rp523,76 miliar, naik Rp304,92 miliar.            by IDR304.92 billion.




Rp miliar IDR billion                                                                      1.376
                                                1.285
  Laba tahun berjalan                                                          -20,13%
  Profit of the year               1.066
                                                                                852
  Pemilik entitas induk
  Owners of the Parent                                               524
  Company
                             219
  Kepentingan non
  Pengendali
  Non-controlling
  Interest
                                   2023                                        2024




Penghasilan Komprehensif [SEOJK 2.f.2.d]          Comprehensive Income
Setelah memperhitungkan Rugi Komprehensif         After calculating Other Comprehensive Loss
Lain sebesar Rp3,32 miliar, Penghasilan           of IDR3.32 billion, Comprehensive Income
Komprehensif tercatat di Rp1,37 triliun,          was recorded at IDR1.37 trillion, up by
naik Rp89,35 miliar dibandingkan 2023.            IDR89,35 billion from 2023. Comprehensive
Penghasilan Komprehensif yang Dapat               Income Attributable to the Owners of the
Diatribusikan kepada Pemilik Entitas Induk        Parent Company was IDR848.44 billion, or
adalah Rp848,44 miliar, atau turun Rp215,88       decreased by IDR215.88 billion. Meanwhile,
miliar. Sementara Penghasilan Komprehensif        Comprehensive Income Attributable to the
yang Dapat Diatribusikan kepada Kepentingan       Non-controlling Interests was IDR523.77 billion,
Non Pengendali adalah Rp523,77 miliar, naik
Rp305,22 miliar.




Rp miliar IDR billion                                                                      1.372
                                                1.283
  Penghasilan Komprehensif                                                    -20,28%
                                   1.064
  Comprehensive Income
                                                                                848
  Pemilik entitas induk
  Owners of the Parent                                               524
  Company
                             219
  Kepentingan non
  Pengendali
  Non-controlling
  Interest
                                   2023                                        2024




                                                                           2024 ANNUAL REPORT          117
Page 118
      Analisa dan Pembahasan Manajemen




 TINJAUAN ARUS KAS
 Analysis of Cash Flow Statement
 [SEOJK 2.f.1]



 Pada tahun ini terjadi penurunan bersih Kas dan               This year, there was a net decrease of Cash
 Setara Kas sebesar Rp350,53 miliar, sehingga                  and Cash Equivalent of IDR350.53 billion, so the
 saldo akhir tahun menjadi Rp2,53 triliun.                     amount at the end of the year was IDR2.53 trillion.

 Arus Kas dari Aktivitas Operasi meningkat                     Cash Flow from Operating Activities rose by
 288,72% atau Rp516,14 miliar menjadi Rp694,91                 288.72% or IDR516.14 billion to IDR694.91 billion.
 miliar. Penerimaan kas meningkat sebesar                      Cash receipt rose by IDR194.14 billion , along with
 Rp194,14 miliar, seiring dengan peningkatan                   the increase of Revenues, to IDR3.42 trillion
 Pendapatan Usaha, menjadi Rp3,42 triliun.

 Arus Kas yang Digunakan untuk Aktivitas                       Cash Flow Used for Investing Activities reached
 Investasi mencapai Rp77,86 miliar. Peningkatan                IDR77.86 billion. The significant increase was due
 yang signifikan ini dikarenakan adanya                        to acquisition of investment properties worth
 perolehan properti investasi sebesar Rp239,25                 IDR239.25 billion. Meanwhile, cash inflow was
 miliar. Sementara arus kas masuk berasal dari                 from interest received of IDR128.57 billion.
 penerimaan bunga sebesar Rp128,57 miliar.

 Arus Kas yang Digunakan untuk Aktivitas                       Cash Flow Used for Financing Activities was
 Pendanaan adalah sebesar Rp967,57 miliar.                     worth IDR967.57 billion. The most significant
 Pembayaran paling signifikan adalah pada                      payment was for interim dividend payment on
 pembayaran dividen interim tanggal 23                         December 23rd, 2024, worth IDR702.65 billion.
 Desember 2024 sebesar Rp702,65 miliar.

                                                LAPORAN ARUS KAS
                                                Cash Flow Statement



        695

                       179



                                    2024          2023           2024           2023       2024           2023


        2024          2023

                                     (78)          (89)

                                                                                           (351)
                                                                                                          (622)

                                                                                (712)
                                                                 (968)

        Kas Bersih Diperoleh       Kas Bersih Diperoleh dari     Kas Bersih Digunakan     Kenaikan (Penurunan)
        dari Aktivitas Operasi   (Digunakan untuk) Aktivitas        untuk Aktivitas      Bersih Kas dan Setara Kas
                                           Investasi                  Pendanaan

        Net Cash Provided by     Net Cash Provided by (Used        Net Cash Used for     Net Increase (Decrease) in
        Operating Activities       for) Investing Activities      Financing Activities   Cash and Cash Equivalents




118      LAPORAN TAHUNAN 2024
Page 119
   Management Discussion and Analysis                                          PT Duta Pertiwi Tbk




KEMAMPUAN MEMBAYAR
UTANG DAN KOLEKTABILITAS
PIUTANG
Solvability and Receivables Collectability


Kemampuan Membayar Utang [SEOJK 2.f.3]               Solvability
Perusahaan tidak mempunyai utang berbunga.           The Company has no debt. The Company also
Perusahaan mencatatkan rasio lancar yang             recorded a current ratio at a very safe level, of 3.91
masih di level sangat aman, yaitu 3,91 kali,         times, that reflects its ability to fulfill its current
yang mencerminkan kemampuannya untuk                 liabilities with its current assets.
memenuhi kewajiban lancar dengan aset lancar.

Kolektabilitas Piutang [SEOJK 2.f.4]                 Receivables Collectability
Perusahaan memiliki kemampuan kolektabilitas         The Company has a good receivables collectability,
piutang yang baik, yang dipantau dengan              monitored by the value of receivables that have
besarnya nilai piutang yang sudah jatuh tempo        been overdue and average days of receivables.
dan hari rata-rata piutang. Hari rata-rata piutang   The average receivables days in 2024 was
tahun 2024 adalah 4,21 hari. Untuk memitigasi        4.21 days. To mitigate risks, we established an
risiko, kami telah membentuk cadangan piutang        allowance for accounts receivable considering
mengingat kondisi yang dihadapi saat ini dapat       the current conditions that may affect the
berpengaruhi kepada kelayakan piutang yang           feasibility of the Company’s receivables.
dimiliki oleh Perusahaan.




STRUKTUR MODAL
Capital Structure
[SEOJK 2.f.3] [ACGS B.3.1]



Perusahaan memiliki kebijakan untuk menjaga          The Company has a policy to maintain a balance
keseimbangan antara modal sendiri (ekuitas) dan      between equity and debt. Periodically, the
utang. Manajemen secara berkala mengevaluasi         management evaluates the capital structure
perkembangan struktur modal supaya tetap             development to be able to support growth and
menunjang pertumbuhan dan berada di dalam            still in the risk tolerance limit determined by the
batas toleransi risiko yang telah ditetapkan oleh    Management. Internal cash is prioritized for new
Manajemen. Kas internal diprioritaskan untuk         projects, while related units will evaluate each
proyek-proyek baru, sementara unit-unit terkait      project to determine the right capital structure.
akan melakukan evaluasi terhadap setiap proyek
untuk menentukan struktur modal yang tepat.

Pada tahun 2024, Perusahaan mempertahankan           In 2024, the Company maintained larger equity
modal sendiri yang lebih besar daripada utang,       than debt, whereas the Total Equity was 82.63%
di mana Jumlah Ekuitas adalah 82,63% dari            of the Total Assets.
Jumlah Aset.




                                                                              2024 ANNUAL REPORT          119
Page 120
      Analisa dan Pembahasan Manajemen




 IKATAN MATERIAL DAN
 REALISASI INVESTASI
 BARANG MODAL
 Material Commitments and Actual Investments
 for Capital Goods
 [SEOJK 2.f.6] [SEOJK 2.f.7] [ACGS C.2.3]




      Pada tahun 2024, Perusahaan tidak memiliki      In 2024, the Company did not have material
      ikatan material untuk investasi barang modal.   commitments for capital expenditure. The
      Perusahaan telah membelanjakan Rp440,22         Company spent IDR440.22 billion for capital
      miliar untuk investasi barang modal dengan      investment with details below.
      rincian di bawah ini.


                                                      INVESTASI BARANG MODAL
                                                      Investment in Capital Goods
                              186
                                                      Rp miliar IDR billion
                                            15

                                                        Properti Investasi
                                                        Investment Properties
                             239
                                                        Tanah yang Belum Dikembangkan
                                                        Land for Development

                                                        Aset Tetap
                             2024                       Fixed Assets




 INFORMASI DAN FAKTA
 MATERIAL SETELAH TANGGAL
 LAPORAN AKUNTAN
 Material Information and Facts Subsequent to the Accountant’s
 Report Date
 [SEOJK 2.f.8]



 Tidak ada informasi dan fakta material yang          There were no material information and facts
 terjadi setelah tanggal laporan akuntan yang         subsequent to the accountant’s report date that
 perlu disampaikan.                                   must be disclosed.




120      LAPORAN TAHUNAN 2024
Page 121
   Management Discussion and Analysis                                     PT Duta Pertiwi Tbk




PROSPEK USAHA
PERUSAHAAN
Business Prospects of the Company
[SEOJK 2.f.9]




Kuatnya permintaan di tahun 2024 didukung         Strong demand in 2024 supported by PPNDTP
oleh insentif PPNDTP yang telah digulirkan        incetives that have been rolled out by the
pemerintah hingga akhir 2025, merupakan tanda     government until the end of 2025, is a sign that
bahwa industri properti masih memiliki peluang    the property industry still has great opportunities
besar di tahun mendatang. Survei lembaga riset    in the coming year. Asurvey by the property
properti, Knight Frank Indonesia, menemukan       research institute, Knight Frank Indonesia, found
bahwa responden yakin sektor properti masih       that respondents believe the property sector
akan tumbuh, khususnya sektor hunian, properti    will still grow, especially the residential, green
hijau, pariwisata dan kota metropolitan.          property, tourism and metropolitan city sectors.

Di sisi lain, Perusahaan akan terus waspada       On the other hand, the Company will continue
dengan beberapa tantangan yang bisa               to be vigilant with several challenges that could
menghambat pertumbuhan properti tahun             hamper property growth this year. Several issues,
ini. Beberapa isu, seperti pelemahan daya beli    such as weakening purchasing power of the
segmen menengah, tingginya harga tanah dan        middle segment, high land prices and rising
kenaikan suku bunga diprediksi akan menjadi       interest rates were predicted to be challenges
tantangan yang harus dihadapi oleh industri.      that must be faced by the industry.

Strategi Perusahaan tetap fokus pada pangsa       The Company’s strategy remains focused on well-
pasar yang telah dikenal baik, diversifikasi      known market share, planned diversification,
terencana, peningkatan stabilitas melalui         increasing stability through recurring income,
pendapatan      berulang,    mempertahankan       maintaining sufficient landbank, remaining
landbank yang cukup, tetap terbuka terhadap       open to new segment opportunities in property,
peluang-peluang segmen baru dalam properti,       and collaborating with strategic partners. We are
serta kolaborasi dengan mitra-mitra strategis.    confident that with this strategy, the Company
Kami yakin dengan strategi ini, Perusahaan        will be able to face future challenges and achieve
mampu menghadapi tantangan ke depan dan           the targets that have been set.
mencapai target-target yang telah ditetapkan.




PERBANDINGAN TARGET DAN
REALISASI TAHUN 2024
2024 Comparison of Target and Realization
[SEOJK 2.f.10]




Pada tahun ini, Perusahaan berhasil melampaui     This year, the Company has successfully exceeded
target prapenjualan yang ditetapkan pada awal     the marketing sales target set at the beginning
tahun. Pencapaian prapenjualan pada tahun ini     of the year. The marketing sales achievement
adalah Rp2,49 triliun atau 118,57% dibandingkan   this year was IDR2.49 trillion or 118.57% compared
target 2024 sebesar Rp2,10 triliun.               to the 2024 target of IDR2.10 trillion.


                                                                         2024 ANNUAL REPORT        121
Page 122
      Analisa dan Pembahasan Manajemen




 Target residensial adalah Rp1,44 triliun tercapai   The residential target was IDR1.44 trillion, but
 dengan angka Rp1,45 triliun. Target Commercial      was exceeded by IDR1.45 trillion. The Commercial
 sebesar Rp651 miliar terlampaui dan tercatat        target of IDR651 billion was exceeded and recorded
 Rp1,04 triliun atau 159,75% dari target.            at IDR1.04 trillion or 159.75% of the target.

 Perusahaan      juga    berhasil   mencatatkan      The Company also managed to record Operating
 Pendapatan Usaha sebesar Rp4,42 triliun, 123,52%    Revenue of IDR4.42 trillion, 123.52% of the initial
 dari target awal tahun yang ditetapkan sebesar      target set IDR3.58 trillion. In line with that, the
 Rp3,58 triliun. Sejalan dengan itu, Laba Tahun      Company’s Profit for the Year was recorded at
 Berjalan Perusahaan tercatat Rp1,38 triliun atau    IDR1.38 trillion or 94.86% of the initial target set
 94,86% dari target awal tahun yang ditetapkan       at IDR1.45 trillion.
 sebesar Rp1,45 triliun.

 Struktur modal dan kebijakannya tidak berubah,      The capital structure and policies have not
 sesuai target Perusahaan yaitu untuk menjaga        changed, in accordance with the Company’s
 keseimbangan antara modal sendiri (ekuitas) dan     targets to maintain balance between equity and
 utang.                                              liabilities.




 PROYEKSI 2025
 2025 Projections
 [SEOJK 2.f.11]


 Mempertimbangkan peluang yang ditawarkan            Considering the opportunities offered by the
 oleh industri properti dan realisasi 2024 yang      property industry and the 2024 realization that
 melampaui target, Perusahaan menetapkan             exceeded the target, the Company set a 2025
 target prapenjualan 2025 di angka Rp2,18 triliun.   marketing sales target of IDR2.18 trillion.

 Sebagian besar prapenjualan Perusahaan di           The majority of the Company’s marketing sales
 tahun 2025 akan tetap dikontribusikan oleh          in 2025 will still be contributed by the residential
 segmen residensial, yaitu 67%, khususnya di         segment, which is 67%, especially in Grand
 Grand Wisata dan Kota Wisata.                       Wisata and Kota Wisata.

 Proyek-proyek     commercial    diharapkan          Commercial projects are expected to contribute
 menyumbang 33% dari target, khususnya               33% of the target, especially units located in
 ruko-ruko di Grand Wisata dan Kota Wisata.          Grand Wisata and Kota Wisata. Apartments will
 Apartemen juga masih akan memberikan                also continue to contribute, especially Aerium
 kontribusi khususnya Aerium Apartment dan           Apartment and Southgate Apartment.
 Southgate Apartment.

 Pada tahun 2025, Perusahaan akan tetap              In 2025, the Company will maintain a balanced
 menjaga struktur modal yang seimbang antara         capital structure between equity and debt to
 modal sendiri dan utang untuk menunjang             support growth and still in the risk tolerance limit.
 pertumbuhan dan berada di dalam batas
 toleransi risiko.




122      LAPORAN TAHUNAN 2024
Page 123
   Management Discussion and Analysis                                        PT Duta Pertiwi Tbk




PROMOSI DAN PEMASARAN
Promotion and Marketing
[SEOJK 2.f.12]




Pemasaran produk dimulai dengan analisis             Product marketing begins with an in-depth
mendalam terhadap berbagai variabel utama,           analysis of key variables, such as market
seperti permintaan pasar, tren dalam periode         demand, trends in a certain period, and internal
tertentu, serta faktor internal dan eksternal.       and external factors. Based on the results of
Berdasarkan hasil kajian tersebut, kami              the study, we design an effective and efficient
merancang strategi pemasaran yang efektif dan        marketing strategy to reach the market that
efisien untuk menjangkau pasar yang sesuai           suits the characteristics of the product.
dengan karakteristik produk.

Setiap proyek memiliki strategi pemasaran yang       Each project has a different marketing strategy,
berbeda, disesuaikan dengan target pasar yang        adjusted to the target market to be reached.
ingin dicapai. Oleh karena itu, setiap manajer       Therefore, each project manager is responsible
proyek bertanggung jawab untuk menyusun              for developing an innovative and efficient
strategi pemasaran yang inovatif dan efisien         marketing strategy before submitting it to the
sebelum diajukan kepada Direksi untuk                Directors for approval.
mendapatkan persetujuan.

Untuk     mendukung        pemasaran,    kami        To support marketing, we provide a marketing
menyediakan      kantor     pemasaran    yang        office that operates seven days a week in each
beroperasi tujuh hari dalam seminggu di setiap       project area.
area proyek.

Sejalan dengan perkembangan digital kami             In line with digital developments, we continue
terus meningkatkan pengalaman berbelanja             to improve the property shopping experience
properti lewat digital dan kehadiran di media        through digital and presence in digital media.
digital. Saat ini, konsumen dapat mengakses          Currently, consumers can access e-catalogs and
e-catalog dan melakukan 360 virtual tour             do 360 virtual tours before visiting the model
sebelum mengunjungi rumah contoh secara              house directly. At the project location, they can
langsung. Di lokasi proyek, mereka juga dapat        also see the models developed with assistance
melihat maket yang dikembangkan dengan               from our marketing staff.
pendampingan dari tenaga pemasaran kami.

Sementara di media sosial kami terus                 Meanwhile, on social media, we keep increasing
meningkatkan eksistensi dengan mengelola             our existence by managing Instagram account
akun Instagram di setiap proyek agar dapat           for each project so that it can always provide
selalu memberikan pembaruan terbaru.                 the latest updates.

Promosi melalui media tradisional seperti            Promotion through traditional media such
billboard, iklan di bioskop, dan televisi tetap      as billboards, cinema advertisements, and
dilakukan. Kami juga memanfaatkan wawancara          television was still carried out. We also utilize
eksklusif dengan majalah untuk menampilkan           exclusive interviews with magazines to
produk-produk unggulan kami kepada publik.           showcase our superior products to the public.

Pada tahun ini Perusahaan memberikan                 This year, the Company provides a 20% DP
stimulus subsidi DP 20% dalam program nasional       subsidy stimulus in the national program
“Infinite Living” 2024. Program ini dibagi menjadi   “Infinite Living” 2024. This program was divided
3 periode sepanjang tahun, yang dimulai              into 3 periods throughout the year, starting from
dari periode pertama pada 1 Maret hingga 30          the first period on March 1st to June 30th. Infinite



                                                                            2024 ANNUAL REPORT         123
Page 124
      Analisa dan Pembahasan Manajemen




 Juni. Infinite Living menawarkan keringanan                        Living offers maximum price relief for several
 harga yang maksimal untuk beberapa produk                          products including landed houses, shophouses,
 di antaranya rumah tapak, ruko, apartemen                          apartments to land plots, as well as easy
 hingga kavling tanah, serta promo kemudahan                        payment method promos. Sinar Mas Land’s
 cara bayar. Bahkan Customer Precious Sinar                         Precious Customers can even get an additional
 Mas Land dapat memperoleh tambahan diskon                          1.25% discount for the next purchases.
 1,25% untuk pembelian berikutnya.




 DIVIDEN
 Dividends
 [SEOJK 2.f.13] [ACGS C.2.4]



 Perusahaan memiliki kebijakan dividen untuk                        The Company adheres to a dividend policy that
 membayar dividen setidaknya satu tahun sekali,                     stipulates the distribution of dividends at least
 maksimum sebesar 30% dari jumlah Laba Bersih                       annually, capped at 30% of the Company’s
 Perusahaan, dengan tidak mengabaikan tingkat                       Net Profit, while considering the Company’s
 kemampuan Perusahaan. Sejak penawaran                              financial capacity. It is noteworthy that the
 umum saham perdana sampai sekarang,                                Company has maintained this dividend policy
 Perusahaan belum pernah merubah kebijakan                          unchanged since its initial public offering.
 dividen.

 RUPST tahun 2024 memutuskan bahwa sisa                             The 2024 AGMS has determined that the
 Laba Bersih tahun buku 2023*, setelah disisihkan                   remaining Net Profit from the fiscal year 2023*,
 dari dana cadangan, dibukukan sebagai laba                         post allocation to the reserve fund, shall be
 ditahan untuk keperluan modal kerja. Selama 2                      designated as retained earnings to facilitate
 tahun buku terakhir, Perusahaan membukukan                         working capital requirements. For the last 2
 seluruh Laba Bersih sebagai laba ditahan.                          fiscal years, the Company has recorded all its
                                                                    Net Profit as retained earnings.

 Pada tanggal 2 Desember 2024, melalui                              On December 2nd, 2024, through Resolutions
 Keputusan Direksi sebagai Pengganti Rapat                          of the Directors in lieu of the Directors Meeting
 Direksi dan Keputusan Dewan Komisaris sebagai                      and Resolutions of the BOC in lieu of the BOC
 Pengganti Rapat Dewan Komisaris, Perusahaan                        Meeting, the Company paid interim dividend**,
 membayarkan dividen interim**, berdasarkan                         based on Net Profit as of September 2024. The
 Laba Bersih per September 2024. Dividen ini                        dividend will be included in the use of profit for
 akan diperhitungkan pada penggunaan laba                           the 2024 financial year that will be concluded in
 tahun buku 2024 yang akan diputuskan oleh                          the AGMS held in 2025.
 RUPST yang akan diadakan tahun 2025.

                            Jumlah Saham      Jumlah                        Rasio
 Tahun     Laba Bersih                                    Dividen per                       Tanggal          Tanggal
                               Beredar        Dividen                   Pembayaran
 Buku       (Rp miliar)                                   Saham (Rp)                     Pengumuman        Pembayaran
                              (lembar)      (Rp miliar)                    Dividen
 Profit for Net Profit                                    Dividend per                   Announcement       [ACGS A.1.1]
                             Outstanding Total Dividend                Dividend Payout
 Year       (IDR billion)                                 Share (IDR)                        Date         Payment Date
                            Shares (shares) (IDR billion)                   Ratio

                                                                                         2 Desember 2024 23 Desember 2024
 2024          705 **       1.850.000.000       703          380           99,8% **         December         December
                                                                                           21 Juni 2024
 2023          1.066        1.850.000.000                       *                              June              *

                                                                                           27 Juni 2023
 2022           748         1.850.000.000                       *                              June              *




124      LAPORAN TAHUNAN 2024
Page 125
   Management Discussion and Analysis                                         PT Duta Pertiwi Tbk




REALISASI DANA HASIL
PENAWARAN UMUM
Actual Use of Public Offering Proceeds
[SEOJK 2.f.14]



Pada tahun ini, Perusahaan tidak memiliki              The Company is not obligated to report its public
kewajiban untuk melaporkan dana hasil                  offering proceeds this year.
penawaran umum.




INFORMASI MATERIAL
Material Information
[SEOJK 2.f.15]




Pada tahun ini, tidak ada informasi material,          This year, there were no material information,
baik berupa investasi, ekspansi, divestasi,            whether in the form of investment, expansion,
penggabungan/peleburan         usaha,   akuisisi,      divestment, merger/amalgamation, acquisition,
restrukturisasi utang/modal, transaksi material,       debt/capital restructuring, material transactions,
transaksi   afiliasi dan   transaksi   benturan        affiliated transactions and conflict of interest
kepentingan di luar transaksi rutin.                   transactions outside of routine transactions.


Transaksi Afiliasi                                     Related Party Transactions
Perusahaan dalam melaksanakan transaksi                In doing the related party transactions, the
afiliasi mengacu     kepada    POJK    No.42/          Company refers to POJK No.42/POJK.02/2020
POJK.02/2020 tentang Transaksi Afiliasi dan            pertaining to Related Party Transactions and
Transaksi Benturan Kepentingan (“POJK No.42”).         Transactions with Conflicts of Interest (“POJK
[ACGS A.9.2]                                           No.42”).

Selama tahun 2024, Perusahaan melakukan                During 2024, the Company engaged in several
berbagai transaksi afiliasi yang secara langsung       related party transactions directly and indirectly
maupun tidak langsung terkait dengan kegiatan          linked to its core business activities, including:
usaha utama, di antaranya:
• Penempatan Kas dan Setara Kas;                       •   Placement of Cash and Cash Equivalent;
• Sewa menyewa; dan                                    •   Leases; and
• Penyediaan jasa asuransi terhadap kerusakan          •   Provision of insurance services for damage
   pada aset Perusahaan.                                   to the Company assets.

Sebagai bagian dari pengendalian internal dan          As an integral aspect of our internal control
praktik Governansi Perusahaan serta melindungi         and Corporate Governance protocols, aimed
kepentingan pemegang saham minoritas, setiap           at safeguarding the interests of our minority
transaksi afiliasi, terutama yang merupakan            shareholders, any related party transactions
bagian dari kegiatan usaha, yang dilakukan             — particularly those integrated to revenue-
untuk menghasilkan pendapatan dan dilakukan            generating business operations that occur
secara rutin, berulang dan/atau berkelanjutan,         routinely, recurring and/or persistently — are
didasarkan pada kriteria dasar berikut: [ACGS A.9.1]   governed by the following fundamental criteria:


                                                                              2024 ANNUAL REPORT       125
Page 126
      Analisa dan Pembahasan Manajemen




 •    Transaksi tersebut dikaji perlu sebagai           •   Such     transactions   are   essential    for
      pelaksanaan      kegiatan     usaha     utama         conducting the core business activities of
      Perusahaan;                                           the Company;
 •    Syarat dan kondisi transaksi berdasarkan asas     •   The terms and conditions are established
      komersial dan arm’s-length, nilai pasar wajar         upon commercial principles and on an
      dan tidak lebih buruk dari syarat dan kondisi         arm’s-length basis, ensuring fair market
      untuk transaksi serupa yang terdapat di pasar         value and aligning with prevailing standards
      pada saat terjadinya transaksi, sesuai dengan         for comparable transactions in the market
      manfaat yang diterima Perusahaan baik                 at the time of execution. They are structured
      secara langsung maupun tidak langsung;                to be commensurate with the benefits
      dan                                                   accruing to the Company, both directly and
                                                            indirectly; and
 •    Transaksi  tidak  bertentangan   dengan           •   The transactions comply with the current
      peraturan perundang-undangan di Republik              laws and regulations in the Republic of
      Indonesia.                                            Indonesia.

 Direksi menyatakan bahwa di awal setiap                The Directors confirm that in the beginning
 transaksi afiliasi yang merupakan kegiatan usaha       of all related party transactions, particularly
 yang dijalankan dalam rangka menghasilkan              those generating revenue that occur routinely,
 pendapatan usaha dan dijalankan secara rutin,          recurring and/or persistently, have been
 berulang dan berkelanjutan, telah dilaksanakan         conducted following proper procedures to
 berdasarkan prosedur yang memadai dalam                ensure compliance with common business
 memastikan bahwa transaksi dilaksanakan                practices and the arm’s-length principle. These
 sesuai dengan praktik bisnis yang berlaku umum         transactions have been disclosed to the BOC
 dan memenuhi prinsip transaksi yang wajar              through the Audit Committee and will be
 (arm’s-length principle). [ACGS A.9.1] Transaksi ini   presented to the shareholders in the upcoming
 telah dilaporkan kepada BOC melalui Komite             GMS or in shareholder reports, including this
 Audit [SEOJK 2.f.15.f (1) (2)] [ACGS A.8.1] dan akan   Annual Report.
 dilaporkan kepada pemegang saham dalam
 RUPS mendatang atau laporan-laporan kepada
 para pemegang saham, termasuk Laporan
 Tahunan ini. [ACGS C.4.1]

 Penyajian Sifat dan Hubungan Transaksi Afiliasi        The presentation of the Nature and Relationship
 dalam rangka       menghasilkan pendapatan             of the Related Party Transactions that generate
 usaha dan dijalankan secara rutin, berulang            revenue that occur routinely, recurring and/or
 dan berkelanjutan, telah tertuang pada Laporan         persistently, can be found in the Company’s
 Keuangan Konsolidasian Perusahaan tahun                Consolidated Financial Statements for the
 buku 2024 pada No.42 tentang Sifat dan                 financial year 2024 on No.42 concerning the
 Transaksi Hubungan Berelasi. [ACGS C.4.2]              Nature of Relationship and Transactions with
                                                        the Related Parties.

 Dalam Piagam Direksi/BOC diatur bahwa                  The Charter for the Directors/BOC stipulates
 setiap anggota Direksi/BOC yang secara pribadi         that any member of the Directors/BOC, who
 dengan cara apapun baik secara langsung                has, either directly or indirectly, conflict of
 maupun secara tidak langsung mempunyai                 interest in a transaction, contract or proposed
 benturan kepentingan dalam suatu transaksi,            contract, shall declare the nature of the interest
 kontrak atau kontrak yang diusulkan dalam              in the Meeting and shall not have the right
 mana Perusahaan menjadi salah satu pihaknya,           to participate in voting concerning matters
 maka anggota Direksi/BOC tersebut harus                related to the transaction or contract, unless
 menyatakan benturan kepentingan yang                   declared otherwise by the Meeting.
 dimiliki dalam Rapat dan tidak berhak untuk
 ikut dalam pengambilan suara mengenai hal-
 hal yang berhubungan dengan transaksi atau
 kontrak tersebut, kecuali Rapat menentukan
 lain. [ACGS A.8.2] [ACGS App.B.4.1]




126      LAPORAN TAHUNAN 2024
Page 127
   Management Discussion and Analysis                                     PT Duta Pertiwi Tbk



Perusahaan   tidak   memilliki    kebijakan        The Company does not have any policy to
memberikan pinjaman kepada Direksi dan BOC.        provide loans to the Directors and BOC.
[ACGS A.8.3]


Seluruh transaksi afiliasi sepanjang tahun 2024    All affiliated transactions associated with the
telah sesuai dengan kriteria dasar dan telah       year 2024 were carried out in adherence to the
memenuhi POJK No.42.                               fundamental criteria mentioned above and in
                                                   alignment with POJK No.42.




PERUBAHAN PERATURAN
PERUNDANG-UNDANGAN
Changes in Legislations
[SEOJK 2.f.16]




Pada tahun 2024 ada beberapa perubahan             In 2024, there were several changes in laws and
peraturan        perundang-undangan        yang    regulations relevant to the property industry.
relevan dengan industri properti. Akan tetapi      However, after going through a review process, the
setelah melalui proses telaahan, Perusahaan        Company views that these changes do not have a
memandang bahwa perubahan tersebut tidak           significant impact or only have minor relevance to
memiliki dampak signifikan atau hanya memiliki     the Company’s performance.
relevansi kecil kepada kinerja Perusahaan.




PERUBAHAN KEBIJAKAN
AKUNTANSI DAN
PELAPORAN KEUANGAN
Changes in Accounting and Financial Reporting Policies
[SEOJK 2.f.17]




Efektif 1 Januari 2024 terdapat beberapa           Effective on January 1st, 2024, there were changes
perubahan kebijakan akuntansi yang tidak           in accounting that have no material impact on the
berdampak material bagi Perusahaan. Perubahan      Company. The changes are on PSAK No.116, No.201,
tersebut adalah pada PSAK No.116, No.201, No.207   No.207 and No.107. Details of the changes are in
dan No.107. Detil perubahan dapat dilihat pada     the Company’s Audited Consolidated Financial
Laporan Keuangan Konsolidasian Perusahaan          Statements No.51.
yang Telah Diaudit No.51.




                                                                          2024 ANNUAL REPORT       127
Page 128
05




GOVERNANSI
PERUSAHAAN
CORPORATE GOVERNANCE
Page 129
2024 LAPORAN TAHUNAN | ANNUAL REPORT       PT DUTA PERTIWI TBK




         Artist’s
      Impression    Living World • Kota Wisata • Cibubur
Page 130
      Governansi Perusahaan




 LANDASAN DAN PRINSIP
 GOVERNANSI PERUSAHAAN
 Foundation and Principles of Corporate Governance

 Kami menyadari bahwa setiap tindakan kami            We acknowledge that each action we take as
 sebagai perusahaan properti yang terkemuka           a leading property company has a substantial
 memiliki     dampak   signifikan    bagi   para      impact on our shareholders and stakeholders.
 pemegang saham dan pemangku kepentingan              Moreover, being a publicly listed company listed
 kami. Sebagai perusahaan publik yang                 at BEI with significant market capital, particularly
 terdaftar di BEI dengan kapitalisasi pasar yang      within the property sector, we must prioritize the
 signifikan khususnya di sektor properti, kami        fair and equitable treatment of all shareholders
 berkomitmen untuk memastikan perlakuan               and stakeholders.
 yang adil dan tepat bagi setiap pemegang
 saham dan pemangku kepentingan.

 Agar setiap tindakan kami menghasilkan               To ensure that each action yields a positive
 dampak yang positif, kami juga mengadopsi            impact, we also adopt the Corporate Governance
 prinsip-prinsip Governansi Perusahaan dengan         principles by refer to 2021 Indonesian Corporate
 merujuk pada Pedoman Umum Governansi                 Governance      General     Guidelines  (PUGKI).
 Korporat Indonesia 2021 (PUGKI). Kami                We develop internal Corporate Governance
 menyusun ketentuan internal Governansi               provisions that are tailored to our needs, our
 Perusahaan      yang   disesuaikan       dengan      operational environment, the business size and
 kebutuhan, lingkungan beroperasi kami,               complexity, as well as the risks and challenges
 ukuran dan kompleksitas bisnis, serta sifat risiko   faced by the Company.
 dan tantangan yang dihadapi oleh Perusahaan.

 Kami mengadopsi PUGKI berdasarkan 4 (empat)          We adopted PUGKI based on 4 (four) pillars,
 pilar yaitu perilaku beretika, akuntabiltas,         namely    ethical   behavior,     accountability,
 transparansi dan keberlanjutan (ETAK).               transparency and sustainability (ETAK).

 Direksi diberikan tanggung jawab yang besar          The Directors plays a crucial responsibility to
 untuk menekankan komitmen di dalam                   emphasize commitment in the implementation
 penerapan Governansi Perusahaan, yang                of the Corporate Governance, which is then
 kemudian dituangkan di dalam Kode Etik yang          embodied in the Code of Conduct that applies to
 berlaku bagi Perusahaan hingga kesemua               the Company includes its Subsidiaries, Associates
 Entitas Anak, Perusahaan Asosiasi dan Ventura        and Joint Ventures.
 Bersama.

 Selain Kode Etik, panduan-panduan, piagam-           Apart from the Code of Conduct, guidelines,
 piagam, serta standar operasional Perusahaan         charters, as well as the Company’s standard
 dapat diakses dengan mudah oleh insan                of procedures can be easily accessible by all
 Perusahaan, sehingga mereka memahami                 Company’s personnel, so that they understand
 posisi dan peran masing-masing di dalam              their position and role within the Company.
 Perusahaan.




130      LAPORAN TAHUNAN 2024
Page 131
  Corporate Governance                                                    PT Duta Pertiwi Tbk



Kami     memandang        penting   komitmen      It is crucial to prioritize the commitment
penerapan Governansi Perusahaan secara            of consistency in adopting the Corporate
konsisten agar hal ini melekat dan menjadi        Governance, ensuring it is embedded in the
budaya kerja Perusahaan dan budaya setiap         Company’s culture and embraced by every
insan Perusahaan.     Ini termasuk komitmen       employee. Including our commitment to comply
kami dalam mematuhi semua peraturan yang          to all the relevant regulations in Indonesia, as
berlaku di Indonesia, termasuk perkembangan       well as the capital market regulations, extending
peraturan di pasar modal, di dalam Perusahaan     within our Company to its Subsidiaries, Associates
hingga ke semua Entitas Anak, Perusahaan          and Joint Ventures.
Asosiasi dan Ventura Bersama. [PUGKI 7.1.1.5]

Secara berkala, Direksi mengevaluasi dan          The Directors periodically assess and enhance
mengembangkan         penerapan     Governansi    our Corporate Governance practices to align with
Perusahaan agar senantiasa sejalan dengan         the best standards in the industry, country and
praktik terbaik di industri dan negara, bahkan    even region. This strategy is crucial for fostering
secara regional. Hanya dengan itu kami mampu      resilience and ensuring significant contributions
membangun daya tahan dan berkontribusi            to business sustainability.
kepada bisnis yang berkelanjutan. [PUGKI 5.1.1]




                                                                         2024 ANNUAL REPORT        131
Page 132
      Governansi Perusahaan




 STRUKTUR GOVERNANSI
 PERUSAHAAN
 Corporate Governance Structure

 Struktur Governansi Perusahaan mengacu             The Corporate Governance structure is referred
 pada PUGKI yang terdiri dari tiga elemen utama:    to the PUGKI framework, which comprises
 Prinsip, Rekomendasi dan Panduan. Prinsip          three     primary    components:     Principles,
 menggambarkan keluaran yang diharapkan             Recommendations and Guidance. The Principles
 dari tata kelola yang baik. Rekomendasi berisi     outline the anticipated outcomes of effective
 praktik yang sebaiknya diterapkan untuk            governance. Recommendations outline the
 mencapai prinsip tersebut, sementara Panduan       practices that should be adopted to fulfill these
 memberikan penjelasan tambahan dan contoh          principles, while Guidance provides additional
 praktik yang direkomendasikan.                     explanations and examples of recommended
                                                    practices.

 Penerapan      pedoman     ini menggunakan         The implementation of this guideline follows
 pendekatan “Terapkan atau Jelaskan” (Apply or      the “Apply or Explain” approach. The Company
 Explain), Perusahaan mengimplementasikan           is committed to adhering to governance
 prinsip-prinsip tata kelola dengan cara yang       principles appropriately; should it be unable
 sesuai atau memberikan penjelasan jika tidak       to do so, an explanation will be provided. The
 dapat menerapkannya. Rekomendasi dan               Recommendations and Guidance outlined herein
 Panduan yang diberikan merupakan standar           represent global standards that supplement
 global yang melengkapi regulasi yang sudah         existing regulations, ensuring that laws and
 ada, sehingga peraturan perundangan tetap          regulations remain the foundational framework.
 menjadi dasar utama.

 Penerapan pedoman tidak hanya berupa               The adoption of these guidelines goes beyond
 kepatuhan      administratif,   tetapi   juga      mere administrative compliance; it signifies a
 mencerminkan perubahan budaya dan model            cultural shift and a business model focused on
 bisnis yang berorientasi pada nilai jangka         long-term value. The Directors and the BOC will
 panjang. Direksi dan BOC secara bertahap akan      gradually continue carry out these guidelines and
 terus menerus menerapkan pedoman ini serta         ensure that employees receive proper training.
 memastikan karyawan mendapat pelatihan
 yang memadai.

 Untuk menjaga transparansi dan kepercayaan         To maintain transparency and stakeholder
 pemangku         kepentingan,        Perusahaan    trust, the Company includes a report on the
 melaporkan penerapan Rekomendasi dan               implementation of Recommendations and
 Panduan dalam Laporan Tahunan, termasuk            Guidelines in its Annual Report, along with
 bukti implementasi. Pada bagian yang belum         supporting evidence of such implementation. For
 diterapkan, Perusahaan telah menjelaskan           any areas that have not been implemented, the
 alasannya serta alternatif yang dilakukan. Untuk   Company provides explanations and alternative
 lebih jelasnya informasi ini disampaikan pada      measures taken. For further details, please refer
 halaman 207-212 Laporan Tahunan ini.               to page 207-212 of this Annual Report.

 Organ-organ     penyelenggara    Governansi        The corporate governance bodies, including the
 Perusahaan yang terdiri dari Rapat Umum            General Meeting of Shareholders, the BOC, the
 Pemegang Saham, BOC, Direksi dan Komite-           Directors and the Committees, will be detailed in
 komite, masing-masing akan dijelaskan pada         the following sections.
 bagian di bawah ini.




132      LAPORAN TAHUNAN 2024
Page 133
   Corporate Governance                                                             PT Duta Pertiwi Tbk




RAPAT UMUM PEMEGANG
SAHAM (RUPS)
General Meeting of Shareholders (GMS)

RUPS adalah pengambil keputusan tertinggi                   The GMS functions as the highest decision-
dalam    Perusahaan,     sesuai  dengan   AD                making body within the Company, aligning with
Perusahaan. RUPS dapat mengambil keputusan                  the AoA. The GMS holds the authority to enact
yang sah dan mengikat bila kuorum kehadiran                 legally binding resolutions, provided that the
terpenuhi, yaitu 1/2 (satu perdua) bagi RUPST               attendance quorum is met, which constitutes
dan 2/3 (dua pertiga) bagi RUPSLB dari jumlah               half of the total shares with voting rights for an
saham yang memiliki hak suara.                              AGMS and two-thirds for an EGMS.

Pada      tahun       2024,     Perusahaan                  In 2024, the Company convened one AGMS for
menyelenggarakan 1 (satu) kali RUPST untuk                  the fiscal year 2023 and did not conduct any
tahun buku 2023 dan tidak menyelenggarakan                  EGMS.
RUPSLB.

Tata Tertib RUPS                                            Rules of the GMS
Berikut adalah tata tertib RUPS yang telah                  The following are the rules of the GMS that were
diinfomasikan bersama dengan Pemanggilan                    distributed along with the GMS Notice:
RUPS:
1. Rapat akan diselenggarakan dalam Bahasa                  1. The Meeting will be carried out in Indonesian.
   Indonesia. Bagi Pemegang Saham yang                         The Shareholders that cannot converse in
   tidak dapat berbahasa Indonesia, dapat                      Bahasa, they can submit questions and
   menyampaikan pertanyaan dan pendapatnya                     opinions in English.
   dalam bahasa Inggris.
2. Rapat akan dipimpin oleh salah seorang                   2. The Meeting will be chaired by one of the
   anggota BOC.                                                member of the BOC.
3. Bagi pemegang saham yang tidak hadir secara              3. The Shareholders who are unable to attend the
   fisik dapat mengikuti jalannya kegiatan Rapat               Meeting in person can view the proceedings
   melalui live streaming pada situs web KSEI                  via live streaming on the KSEI website at akses.
   akses.ksei.co.id. [PUGKI 7.3.2.1] [PUGKI 7.3.2.5]           ksei.co.id.
4. Untuk Rapat ini berlaku ketentuan kuorum                 4. The Meeting is in accordance with the quorum
   sebagaimana diatur dalam AD, UUPT dan/atau                  provisions in the AoA, UUPT and/or POJK No.15/
   POJK No.15/POJK.04/2020 (“POJK No.15”) yaitu                POJK.04/2020 (“POJK No.15”), namely “The
   “Rapat dapat dilangsungkan jika dalam Rapat                 Meeting can be carried out provided that the
   lebih dari ½ (satu perdua) bagian dari jumlah               attendance quorum is met, which constitutes
   seluruh saham dengan hak suara yang sah                     half of the total shares with voting rights.”
   hadir atau diwakili dalam Rapat.”
5. Semua acara Rapat dibahas dan dibicarakan                5. Meeting agendas are consistently presented
   secara berkesinambungan.                                    and discussed.
6. Setelah selesai membicarakan setiap acara                6. After finishing discussing each meeting
   Rapat, Ketua Rapat/Pimpinan Rapat akan                      agenda, the Chairperson of the Meeting will
   memberikan         kesempatan         kepada      Para      provide an opportunity for the Shareholders
   Pemegang Saham Perusahaan atau kuasanya                     of the Company or their proxies to submit
   untuk mengajukan pertanyaan, pendapat, usul                 questions,     opinions,    proposals    and/or
   dan/atau saran sebelum diadakan pemungutan                  suggestions before proceeding with the voting
   suara mengenai agenda Rapat yang dibicarakan                process, following a specific procedure:
   dengan prosedur sebagai berikut: [PUGKI 7.3.2.4]
   [PUGKI 7.3.2.5]




                                                                                   2024 ANNUAL REPORT        133
Page 134
      Governansi Perusahaan




    a. Hanya Para Pemegang Saham yang                      a. Only Shareholders whose names are
       namanya terdaftar dalam Daftar Pemegang                registered in the DPS as of May 29th, 2024
       Saham per tanggal 29 Mei 2024 pada pukul               at 16.00 WIB or their proxies as proven by a
       16.00 WIB atau kuasanya yang dibuktikan                valid power of attorney, who are entitled to
       dengan surat kuasa yang sah, yang berhak               submit questions, opinions, proposals and/
       mengajukan pertanyaan, pendapat, usul                  or suggestions in this Meeting;
       dan/atau saran dalam Rapat ini;
    b. Para Pemegang Saham atau kuasanya yang              b. Shareholders or their proxies who wish to
       ingin mengajukan pertanyaan, pendapat,                 submit questions, opinions, proposals and/
       usul dan/atau saran diminta mengangkat                 or suggestions are asked to raise their hands
       tangan agar petugas dapat memberikan                   so that the officer can hand in the Inquiry
       Formulir Pertanyaan. Lembar Pertanyaan                 form. The inquiry form will be taken by the
       akan diambil petugas dan diserahkan                    officer and submitted to the Chairperson of
       kepada Ketua Rapat/Pimpinan Rapat; dan                 the Meeting; and
    c. Ketua     Rapat/Pimpinan         Rapat akan         c. The Chairperson of the Meeting will provide
       memberikan jawaban atau tanggapan satu                 each answer or response or the Chairperson
       persatu atau Ketua Rapat/Pimpinan Rapat                of the Meeting may request the assistance of
       dapat meminta bantuan anggota Direksi                  members of the Directors and members of
       dan anggota BOC atau menunjuk pihak lain               the BOC or appoint other parties to answer
       untuk menjawab pertanyaan yang diajukan                the questions verbally.
       tersebut secara lisan. [PUGKI 7.3.2.3]
 7. Keputusan agenda Rapat dilakukan setelah            7. All decisions pertaining to the GMS agenda will
    seluruh pertanyaan selesai dijawab dan/atau            be deliberated following the resolution of any
    sesi tanya jawab telah berakhir.                       outstanding queries and the conclusion of the
                                                           discussion session.
 8. Semua     keputusan     diambil    berdasarkan      8. All decisions were made following thorough
    musyawarah untuk mufakat. Dalam hal                    deliberation to reach a consensus. If consensus
    keputusan berdasarkan musyawarah untuk                 cannot be reached through deliberation,
    mufakat tidak tercapai maka keputusan Rapat            the Meeting’s resolutions will be determined
    diambil dengan pemungutan suara dengan                 through a voting process as outlined below:
    prosedur [ACGS A.2.4] [ACGS A.2.10] [PUGKI 7.3.2]
    sebagai berikut:
    a. Hanya para Pemegang Saham yang                      a. Only Shareholders whose names are
       namanya tercatat dalam DPS per tanggal                 registered in the DPS as of May 29th, 2024 or
       29 Mei 2024 atau kuasanya yang dibuktikan              their proxies as proven by a valid power of
       dengan surat kuasa yang sah, yang berhak               attorney, are entitled to vote in this Meeting;
       memberikan suara dalam Rapat ini; dan                  and
    b. Pemungutan suara dilakukan dengan cara              b. Voting is conducted by raising hands in the
       mengangkat tangan, sebagai berikut:                    manner described below:
       Pertama: mereka yang memberikan suara                  First: those who voted blank were asked to
       blanko diminta untuk mengangkat tangan.                raise their hands.
         [ACGS A.2.9]
         Kedua: mereka yang memberikan suara                  Second: those who voted against were
         tidak setuju diminta untuk mengangkat                asked to raise their hands.
         tangan.
         Ketiga: mereka yang tidak mengangkat                 Third: those who did not raise their hands
         tangan berarti menyetujui usul yang                  are considered to agree with the proposal.
         diajukan.
         Suara yang dikeluarkan oleh Pemegang                 Votes cast by Shareholders directly
         Saham secara langsung dalam Rapat                    at the Meeting for each Agenda will
         untuk setiap agenda akan diperhitungkan              be consolidated with votes casts by
         bersama dengan suara yang dikeluarkan                Shareholders through e-voting utilizing the
         oleh Pemegang Saham melalui e-voting                 eASY.KSEI system.
         dengan menggunakan sistem eASY.KSEI.
         [PUGKI 7.3.2.6] [ACGS (B) A.1.1]




134      LAPORAN TAHUNAN 2024
Page 135
   Corporate Governance                                                           PT Duta Pertiwi Tbk



9. Setiap 1 (satu) saham* memberikan hak kepada            9. Each 1 (one) share* entitles the holder to cast
   pemegangnya untuk mengeluarkan 1 (satu)                    1 (one) vote. If a Shareholder has more than 1
   suara. Apabila seorang Pemegang Saham                      (one) share, then he/she is required to vote 1
   memiliki lebih dari 1 (satu) saham maka ia hanya           (one) time and the vote will represent all the
   diminta untuk memberikan suara 1 (satu) kali               shares owned or represented.
   dan suaranya itu mewakili seluruh saham yang
   dimilikinya atau diwakilinya. [ACGS App.B.1.1]

   *Perusahaan hanya menerbitkan satu jenis                   *The Company only issues one class of share.
   saham. [ACGS A.5.1]


Keterbukaan Informasi                                      Information Disclosure
Keterbukaan informasi terkait RUPST yang                   Information disclosure related to AGMS held in
diadakan pada tahun 2024 adalah sebagai                    2024 is as follows:
berikut:
1. Pemberitahuan mengenai Penyelenggaraan                  1. Announcement of the schedule of the AGMS to
   RUPST, kepada OJK dan BEI melalui surat No.                OJK and BEI by letter No.031/IR-CS/DP/V/2024
   031/IR-CS/DP/V/2024 dan telah dipublikasikan               and has been published respectively on the
   masing-masing pada situs Perusahaan, BEI                   websites of the Company and BEI also SPEOJK
   serta SPEOJK pada tanggal 6 Mei 2024.                      website on May 6th, 2024.

2. Penyampaian Pengumuman RUPST melalui                    2. Submission of the AGMS announcement by
   surat No.033/IR-CS/DP/V/2024 dan telah                     letter No.033/IR-CS/DP/V/2024 that has been
   dipublikasikan masing-masing pada situs                    published respectively on the websites of the
   Perusahaan, BEI, SPEOJK dan KSEI tanggal 15                Company, the BEI, SPEOJK and KSEI on May
   Mei 2024.                                                  15th, 2024.
   Melalui pemberitahuan ini, para pemegang                   In the announcement, the shareholders were
   saham diundang untuk memberikan usulan                     invited to suggest an agenda in the AGMS
   mata acara RUPST sepanjang pemberian                       provided that the suggestions are made in
   usulan tersebut sesuai dengan ketentuan                    accordance with article 23 section 1 and 2 of
   persyaratan pasal 23 ayat 1 dan 2 AD Perusahaan            the Company’s AoA and article 16 section 1
   dan pasal 16 ayat 1 dan 2 POJK No.15. [ACGS A.2.15]        and 2 of POJK No.15.
   [PUGKI 7.3.2.4]


3. Penyampaian Bukti Iklan Pengumuman                      3. Submission of the advertisement proof to
   RUPST yang telah dipublikasikan di situs BEI               the AGMS’s Announcement that has been
   dan SPEOJK melalui surat No.035/IR-CS/                     published respectively on the websites of BEI
   DP/V/2024 pada tanggal 17 Mei 2024.                        and SPEOJK by letter No.035/IR-CS/ DP/V/2024
                                                              dated May 17th, 2024.

4. Panggilan RUPST melalui surat No.039/IR-CS/             4. The Invitation to the AGMS through letter
   DP/V/2024 dan telah dipublikasikan masing-                 No.039/IR-CS/DP/V/2024 that has been
   masing di situs Perusahaan, situs BEI, situs               published respectively in the websites of the
   SPEOJK serta situs KSEI pada tanggal 30 Mei 2024           Company, the BEI, SPEOJK and KSEI, on May
   dalam bahasa Indonesia dan Inggris. Panggilan              30th, 2024, both in Indonesian and English.
   ini telah melampirkan agenda, formulir surat               The Invitation includes the agenda, power of
   kuasa dan tata tertib RUPS. [ACGS A.2.1] [ACGS A.2.4]      attorney template and rules of the GMS.
   [ACGS A.2.13] [ACGS A.2.14] [ACGS A.6.1] [ACGS A.6.2]
   [ACGS A.6.5] [PUGKI 7.3.1.1][PUGKI 7.3.2]


5. Penyampaian Bukti Iklan Panggilan RUPST                 5. Submission of proof of advertisement of the
   yang telah dipublikasikan masing-masing di                 Invitation to the AGMS, that has been published
   situs BEI dan SPEOJK pada tanggal 31 Mei 2024.             respectively on the websites of the Company,
                                                              BEI and SPEOJK dated May 31st, 2024.

6. Pelaksanaan RUPST pada hari Jumat, 21 Juni              6. The implementation of the AGMS on Friday,
   2024.                                                      June 21st, 2024.


                                                                                  2024 ANNUAL REPORT         135
Page 136
      Governansi Perusahaan




 7. Penyampaian Ringkasan Risalah RUPST                   7. Submission of Summary of AGMS Result
    melalui surat No.046/IR-CS/DP/VI/2024 dan                through    letter     No.046/IR-CS/DP/VI/2024
    telah dipublikasikan masing-masing di situs              and has been published respectively in the
    Perusahaan serta situs BEI, SPEOJK dan KSEI              websites of the Company, BEI, SPEOJK and
    pada tanggal 21 Juni 2024.                               KSEI dated June 21st, 2024.
      [ACGS A.2.12] [PUGKI 7.3.5]


 8. Penyampaian Bukti Iklan Risalah RUPST                 8. Submission of proof of advertisement of the
    melalui surat No.047/IR-CS/DP/VI/2024 yang               Summary of the AGMS, through letter No.047/
    telah dipublikasikan masing-masing di situs              IR-CS/DP/VI/2024 that has been published
    situs BEI dan SPEOJK pada tanggal 25 Juni                respectively on the websites of the Company,
    2024.                                                    BEI and SPEOJK, on June 25th, 2024.

 9. Penyampaian Berita Acara RUPST melalui                9. Submission of AGMS Minutes through letter
    surat No.052/IR-CS/DP/VII/2024 yang telah                No.052/IR-CS/DP/VII/2024 which have been
    dipublikasikan      masing-masing          di situs      published respectively on the websites of the
    Perusahaan, BEI dan SPEOJK pada tanggal 19               Company, BEI and SPEOJK on July 19th, 2024.
    Juli 2024. [PUGKI 7.3.5.1] [PUGKI 7.3.5.2]




 RUPS Tahunan 2024                                        Annual GMS in 2024
 RUPST terselenggara secara kuorum pada hari              The AGMS was conducted with a quorum present
 Jumat, 21 Juni 2024 di Indonesia Convention              on Friday, June 21st, 2024 at Indonesia Convention
 Exhibition, Convention Center, Lantai 1, Ruang           Exhibition, Convention Center, 1st Floor, Garuda
 Garuda 6AB, Jl. BSD Grand Boulevard Raya No.1,           6AB Room, Jl. BSD Grand Boulevard Raya No.1,
 BSD City, Tangerang.                                     BSD City, Tangerang.

 Pemegang saham dan kuasa pemegang saham                  Shareholders and their proxies in attendance
 yang hadir telah mewakili 1.744.659.799 saham            collectively represented 1,744,659,799 shares
 (94,31%) dari seluruh saham ditempatkan dan              (94.31%) of the total issued and paid-up
 disetor penuh, yaitu 1.850.000.000 saham. Dengan         shares, amounting to 1,850,000,000 shares.
 demikian, berdasarkan AD Perusahaan, RUPST               Consequently, as stipulated in the AoA of the
 adalah sah serta dapat mengambil keputusan               Company, the AGMS was deemed valid and
 yang mengikat.                                           binding.

 RUPST dipimpin oleh Prof. DR. Teddy Pawitra,             The AGMS was presided over by Prof. DR. Teddy
 Komisaris Independen, sesuai penunjukkan oleh            Pawitra, an Independent Commissioner, as
 BOC, dengan terlebih dahulu membacakan tata              appointed by the BOC. At the onset of the AGMS,
 tertib RUPS pada saat RUPST berlangsung yang             the rules of conduct were read out by him and
 menjadi bagian dalam Berita Acara RUPST. Setiap          were subsequently included in the AGMS Minutes.
 mata acara dijelaskan dan dibahas oleh salah             Each agenda item was explained and discussed
 seorang komisaris atau direktur yang hadir. Setelah      by one of the commissioners or directors present.
 penjelasan, pemegang saham dan kuasanya                  Subsequently, shareholders and their proxies
 diberikan waktu untuk mengajukan pertanyaan              were given the opportunity to seek clarifications
 dan pendapat sebelum memberikan suaranya                 and share their perspectives before proceeding
 melalui mekanisme yang telah dijelaskan pada tata        to vote using the procedures outlined in the GMS
 tertib RUPS. [ACGS A.2.4] [ACGS A.2.5] [ACGS A.2.14]     rules and regulations.

 Perusahaan menunjuk Notaris Syarifudin S.H.,             The Company has designated Notary Syarifudin
 notaris di Kota Tangerang dan dibantu oleh BAE           S.H., serving as a notary in Tangerang city and
 (PT Sinartama Gunita) sebagai pihak independen           assisted by the BAE (PT Sinartama Gunita), will
 yang melakukan perhitungan dan/atau melakukan            act as an independent party responsible for
 validasi atas suara untuk setiap agenda RUPST.           tallying and/or verifying the votes for each item
 [SEOJK 2.g.1.b] [ACGS A.2.11] [PUGKI 7.3.2.8]            on the AGMS agenda.




136       LAPORAN TAHUNAN 2024
Page 137
     Corporate Governance                                                                                PT Duta Pertiwi Tbk



Kehadiran BOC dan Direksi [ACGS A.2.7]                                   Attendance of BOC and Directors
Jumlah BOC dan Direksi yang hadir pada RUPST                             The number of BOC and Directors present at the
adalah masing-masing sebanyak 75% dan 75%,                               AGMS was 75% and 75% respectively as detailed
dengan catatan kehadiran sebagai berikut:                                in the following attendance record:



 Dewan Komisaris • Board of Commissioners

 Franciscus Xaverius R.D.                     Wakil Komisaris Utama • Vice President Commissioner

 Prof. DR. Teddy Pawitra                      Komisaris Independen dan Ketua Nominasi dan Remunerasi • Independent
                                              Commissioner and Chairman of Nomination and Remuneration Committee
 Prof. DR. Susiyati Bambang                   Komisaris Independen dan Ketua Komite Audit • Independent Commissioner
 Hirawan                                      and Chairwoman of Audit Committee

Keterangan:                                                              Note:
Bapak Muktar Widjaja selaku Komisaris Utama                              Mr. Muktar Widjaja, the President Commissioner was
berhalangan hadir dikarenakan menghadiri pertemuan                       unable to attend the meeting due to prior important
penting yang tidak dapat diwakilkan.                                     commitments that prohibited representation through a
                                                                         proxy.




 Direksi • Directors

 Teky Mailoa                                  Direktur Utama • President Director

 Lie Jani Harjanto                            Wakil Direktur Utama • Vice President Director

 Handoko Wibowo                               Direktur • Director

Keterangan:                                                              Note:
Bapak Hongky Jeffry Nantung selaku Direktur, berhalangan                 Mr. Hongky Jeffry Nantung as Director were unable to
hadir dikarenakan menghadiri pertemuan penting yang                      attend the meeting due to prior important commitments
tidak dapat diwakilkan.                                                  that prohibited representation through a proxy.



Keputusan dan Tindak Lanjut RUPST                                        Resolution and Follow-ups of the AGMS
[SEOJK 2.g.1.a][ACGS A.2.6][ACGS A.2.5]


     Mata Acara            Hasil Rapat                                                                         Tindak Lanjut
     Agenda                Resolution                                                                          Follow Up



1.   Persetujuan             1.   Menyetujui Laporan Tahunan Perusahaan untuk tahun buku 2023;                 Telah efektif pada saat
     Laporan Tahunan,             To approve the Company’s Annual Report for Financial Year 2023;              ditutupnya RUPST.
     pengesahan                                                                                                Effective at the conclusion
     Laporan                                                                                                   of the AGMS.
     Keuangan dan
     pengesahan             2. Mengesahkan laporan keuangan Perusahaan untuk tahun buku 2023 yang
     Laporan Tugas             telah diaudit oleh Kantor Akuntan Publik Mirawati Sensi Idris, sebagaimana
     Pengawasan                dimuat dalam Laporan Auditor Independen Nomor 00062/2.1090/
     BOC Perusahaan            AU.1/03/01284-3/1/III/2024 tanggal 12 Maret 2024, dengan pendapat “Wajar
     untuk Tahun               tanpa Pengecualian”;
     Buku 2023.                To ratify the Company’s financial statements for the 2023 fiscal year
     Approval of the           audited by the Public Accounting Firm Mirawati Sensi Idris, as stipulated in
     Annual Report,            the Independent Auditor’s Report number 00062/2.1090/AU.1/03/01284-3/1/
     ratification of           III/2024 dated March 12th, 2024, with the opinion “Unqualified”;
     the Financial
     Statements and
     ratification of the
     Company’s BOC’s
     Oversight for the      3. Mengesahkan laporan tugas pengawasan BOC Perusahaan untuk tahun
     Fiscal Year 2023.         buku 2023; dan
                               To ratify the supervisory duty report of the BOC for the 2023 financial year;
                               and




                                                                                                        2024 ANNUAL REPORT             137
Page 138
      Governansi Perusahaan




       Mata Acara          Hasil Rapat                                                                                 Tindak Lanjut
       Agenda              Resolution                                                                                  Follow Up



                                4. Memberikan pelunasan dan pembebasan tanggung jawab sepenuhnya
                                   (“acquit et decharge”) kepada:
                                   To provide a release and discharge of responsibility (acquit et decharge)
                                   to:

                                   a.   Para anggota Direksi Perusahaan atas pelaksanaan tugas dan
                                        tanggung jawab pengurusan Perusahaan untuk kepentingan
                                        Perusahaan sesuai dengan maksud dan tujuan Perusahaan serta
                                        pelaksanaan tugas dan tanggung jawab mewakili Perusahaan baik di
                                        dalam maupun di luar pengadilan; dan
                                        The members of the Directors for the implementation of duties and
                                        responsibilities in accordance with the Company’s objectives as well
                                        as the duties and responsibilities to represent the Company inside
                                        and outside the court; and

                                   b.   Para anggota BOC Perusahaan atas pelaksanaan tugas dan tanggung
                                        jawab pengawasan atas kebijakan pengurusan, jalannya pengurusan
                                        pada umumnya baik mengenai Perusahaan maupun usaha
                                        Perusahaan serta pemberian nasihat kepada Direksi Perusahaan,
                                        membantu Direksi Perusahaan dan memberikan persetujuan kepada
                                        Direksi Perusahaan.
                                        The members of the BOC for the implementation of duties and
                                        responsibilities for supervision of management policies, the course
                                        of management in general both regarding the Company and the
                                        Company’s business as well as providing advice to the Directors of
                                        the Company, assisting the Directors and giving approval to the
                                        Directors of the Company;

                                   yang dijalankan selama tahun buku 2023, sejauh pelaksanaan tugas
                                   dan tanggungjawab tersebut tercermin dalam laporan tahunan, laporan
                                   keuangan tahunan, dan laporan tugas pengawasan BOC Perusahaan
                                   tahun buku 2023.
                                   which is carried out during the 2023 financial year, to the extent that the
                                   implementation of these duties and responsibilities is reflected in the
                                   annual report, annual financial statements and monitoring report by the
                                   BOC for the 2023 financial year.

                                         Pemungutan Suara • Voting [ACGS A.2.6]
      Pertanyaan/opini                                                                           Keputusan Rapat dengan Suara Terbanyak
      Question / opinions               Setuju          Tidak Setuju            Abstain              Deliberation to Reach Consensus
                                        Agree             Disagree             Abstained
                                    1.744.659.799              0                     0                               1.744.659.799
          Nihil • None               suara • votes        suara • votes        suara • votes                         suara • votes
          [ACGS A.2.5]
                                        (100%)                (0%)                 (0%)                                 (100%)
       Mata Acara          Hasil Rapat                                                                                 Tindak Lanjut
       Agenda              Resolution                                                                                  Follow Up

 2.    Penetapan           Menetapkan penggunaan laba bersih Perusahaan tahun buku 2023, yaitu sebesar                 Telah efektif pada saat
       penggunaan          Rp1.066.420.859.165,- (satu triliun enam puluh enam miliar empat ratus dua puluh            ditutupnya RUPST dan akan
       Laba Bersih         juta delapan ratus lima puluh sembilan ribu seratus enam puluh lima Rupiah),                dibukukan      sebagaimana
       Perusahaan          dengan perincian sebagai berikut:                                                           diputuskan.
       untuk Tahun         Allocate the use of the Company’s net profit for the 2023 financial year, which             Effective at the conclusion
       Buku 2023.          amounting to IDR1,066,420,859,165 (one trillion sixty-six billion four hundred              of the AGMS and will be
       Determination       twenty million eight hundred fifty-nine thousand and one hundred sixty-five                 recorded as decided.
       of the use of the   Rupiah), with details as follows:
       Company’s Net
       Income for the      a.     Sebesar Rp2.000.000.000,- (dua miliar Rupiah), disisihkan sebagai dana
       financial year             cadangan guna memenuhi ketentuan Pasal 84 AD Perusahaan dan Pasal 70
       2023.                      UUPT;
                                  IDR2,000,000,000 (two billion Rupiah), set aside as a reserve fund in order to
                                  meet the provisions of Article 84 of the Company’s AoA and Article 70 of UUPT;

                           b.     Sisanya sebesar Rp.1.064.420.859.165,- (satu triliun enam puluh empat miliar
                                  empat ratus dua puluh juta delapan ratus lima puluh sembilan ribu seratus
                                  enam puluh lima Rupiah), akan dibukukan sebagai laba ditahan untuk
                                  keperluan modal kerja Perusahaan.
                                  The remaining IDR1,064,420,859,165 (one trillion sixty-four billion four hundred
                                  twenty million eight hundred fifty-nine thousand and one hundred sixty-five
                                  Rupiah) will be recorded as retained earnings for the Company’s working
                                  capital purposes.

                                         Pemungutan Suara • Voting [ACGS A.2.6]
      Pertanyaan/opini                                                                           Keputusan Rapat dengan Suara Terbanyak
      Question / opinions               Setuju          Tidak Setuju            Abstain              Deliberation to Reach Consensus
                                        Agree             Disagree             Abstained
                                    1.744.659.799              0                     0                               1.744.659.799
          Nihil • None               suara • votes        suara • votes        suara • votes                         suara • votes
          [ACGS A.2.5]
                                        (100%)                (0%)                 (0%)                                 (100%)




138        LAPORAN TAHUNAN 2024
Page 139
      Corporate Governance                                                                                        PT Duta Pertiwi Tbk



      Mata Acara             Hasil Rapat                                                                                  Tindak Lanjut
      Agenda                 Resolution                                                                                   Follow Up



3.    a. Penetapan gaji           1.    Memberikan wewenang kepada BOC Perusahaan untuk menetapkan                        Telah efektif pada saat
         dan tunjangan                  gaji dan tunjangan anggota Direksi Perusahaan untuk tahun buku 2024,              ditutupnya RUPST.
         anggota Direksi                dengan memperhatikan rekomendasi dari NRC Perusahaan;                             Effective at the conclusion
         Perusahaan                     To authorize the BOC of the Company to determine the salaries and                 of the AGMS.
         untuk Tahun                    benefits of members of the Directors for the financial year 2024; with regard
         Buku 2024;                     to the recommendations of the NRC:
      b. Penetapan
         gaji atau
                                  2. a.      Menetapkan total gaji atau honorarium dan tunjangan lain bagi BOC
         honorarium dan
                                             Perusahaan untuk tahun buku 2024 adalah minimal sama dengan yang
         tunjangan lain
                                             diterima pada tahun buku 2023; dan
         anggota BOC
                                             Determine the total salary or honorarium and other benefits for the
         Perusahaan
                                             Company’s BOC for the 2024 financial year is at least equal as that
         untuk Tahun
                                             received in the financial year 2023; and
         Buku 2024.
         [ACGS A.2.1]
                                        b.   Memberikan kuasa kepada Komisaris Utama Perusahaan untuk
      a. Determination
                                             menetapkan besarnya serta pembagian jumlah gaji atau honorarium
         of salaries and
                                             dan tunjangan lain dari masing-masing anggota BOC Perusahaan untuk
         allowances of
                                             tahun buku 2024.
         members of the
                                             To authorize the President Commissioner of the Company to
         Directors for the
                                             determine the amount and distribution of the salary or honorarium
         2024 financial
                                             and other benefits of each member of the Company’s BOC for the
         year;
                                             financial year 2024.
      b. Determination
         of salary or
         honorarium and
         other benefits
         for members of
         the BOC for the
         2024 Fiscal Year.

                                              Pemungutan Suara • Voting [ACGS A.2.6]
     Pertanyaan/opini                                                                               Keputusan Rapat dengan Suara Terbanyak
     Question / opinions                     Setuju         Tidak Setuju            Abstain             Deliberation to Reach Consensus
                                             Agree            Disagree             Abstained
                                        1.744.659.599             200                   0                               1.744.659.599
         Nihil • None                    suara • votes        suara • votes       suara • votes                         suara • votes
         [ACGS A.2.5]
                                             (99,99%)         (0,00001%)              (0%)                                (99,99%)

      Mata Acara             Hasil Rapat                                                                                  Tindak Lanjut
      Agenda                 Resolution                                                                                   Follow Up



4.    Penunjukan             Memberikan wewenang kepada BOC Perusahaan untuk menentukan Kantor                            Melalui surat keputusan
      Akuntan Publik         Akuntan Publik Independen yang akan melakukan audit atas buku Perusahaan                     sirkuler BOC tertanggal
      untuk Tahun            untuk tahun buku yang berakhir pada 31 Desember 2024 dengan kriteria sebagai                 30              September
      Buku 2024.             berikut:                                                                                     2024      dan        dengan
      Appointment            To give authority to the Company’s BOC to appoint Independent Public                         mempertimbangkan
      of Public              Accounting Firm that will audit the Company’s books for the financial year                   rekomendasi dari Komite
      Accountant for         ending December 31st, 2024 with the following criteria:                                      Audit, menunjuk KAP
      the Fiscal Year                                                                                                     Mirawati Sensi Idris dan
      2024.                  a.        Termasuk Kantor Akuntan Publik (“KAP”) yang terdaftar di OJK;                      Benedictus        Yuliando
      [ACGS A.6.4]                     Public Accounting Firm (“KAP”) registered with OJK;                                sebagai Akuntan Publik
                                                                                                                          untuk melakukan audit
                             b.        Memiliki pengalaman melakukan audit di perusahaan terbuka.                         atas buku Perusahaan
                                       Has experience conducting audits in public listed companies.                       untuk      tahun       buku
                                                                                                                          yang berakhir pada 31
                                                                                                                          Desember 2024.
                                                                                                                          By the Company’s circular
                                                                                                                          letter of the BOC dated
                                                                                                                          September      30th,   2024
                                                                                                                          and with considering the
                                                                                                                          recommendations        from
                                                                                                                          the    Audit    Committee,
                                                                                                                          has appointed the KAP
                                                                                                                          Mirawati Sensi Idris and
                                                                                                                          Benedictus Yuliando as the
                                                                                                                          Public Accountant to audit
                                                                                                                          the Company’s books for
                                                                                                                          the financial year ending
                                                                                                                          December 31st, 2024.


                                              Pemungutan Suara • Voting [ACGS A.2.6]
     Pertanyaan/opini                                                                               Keputusan Rapat dengan Suara Terbanyak
     Question / opinions                     Setuju         Tidak Setuju            Abstain             Deliberation to Reach Consensus
                                             Agree            Disagree             Abstained
                                        1.744.659.799              0                    0                               1.744.659.799
         Nihil • None                    suara • votes        suara • votes       suara • votes                         suara • votes
         [ACGS A.2.5]
                                             (100%)               (0%)                (0%)                                 (100%)




                                                                                                                 2024 ANNUAL REPORT                139
Page 140
      Governansi Perusahaan




 Hasil RUPST 2023 [SEOJK 2.g.1.a]                                     2023 AGMS
 RUPST tahun 2023 diselenggarakan pada Selasa,                        The 2023 AGMS was held on Tuesday, June
 27 Juni 2023 di Indonesia Convention Exhibition,                     27th, 2023 in Indonesia Convention Exhibition,
 Convention Center, Tangerang. Perusahaan                             Convention Center, Tangerang. The Company
 tidak mengadakan RUPSLB pada tahun 2023.                             did not have any EGMS in 2023. All of the AGMS
 Seluruh hasil keputusan RUPST tersebut telah                         resolution had been implemented in 2023 with
 dilaksanakan dalam tahun 2023 dengan tindak                          the following actions:
 lanjut sebagai berikut:


         Hasil Rapat                                                                            Tindak Lanjut
  No.
         Resolution                                                                             Follow Up


  RUPS Tahunan • Annual GMS

  1.     Menyetujui Laporan Tahunan, mengesahkan Laporan Keuangan dan mengesahkan               Telah efektif pada saat ditutupnya
         Laporan Tugas Pengawasan BOC Perusahaan untuk Tahun Buku 2022.                         RUPST.

         Approve the Annual Report, ratify the Financial Report and Supervisory Report of the   Effective at the conclusion of the
         BOC for the 2022 Fiscal Year.                                                          AGMS.



  2.     Menetapkan penggunaan Laba Bersih Perusahaan untuk Tahun Buku 2022, yaitu              Telah efektif pada saat ditutupnya
         untuk dana cadangan dan laba ditahan.                                                  RUPST     dan    telah  dibukukan
                                                                                                sebagaimana diputuskan.

         Determine the use of the Company’s Net Income for the 2022 financial year, that was    Effective at the conclusion of the
         set aside as a reserve fund and retained earnings.                                     AGMS and has been recorded as
                                                                                                decided.


  3.     Memberikan wewenang kepada BOC untuk menetapkan gaji, tunjangan dan                    Telah efektif pada saat ditutupnya
         honorarium anggota Direksi dan BOC Perusahaan untuk Tahun Buku 2023.                   RUPST.

         To authorize the BOC to determine the salaries, allowances and honorarium of the       Effective at the conclusion of the
         members of the Directors and the BOC for the Fiscal Year 2023.                         AGMS.



  4.     Memberikan wewenang kepada BOC Perusahaan untuk menentukan Kantor Akuntan              Dengan           mempertimbangkan
         Publik Independen yang akan melakukan audit atas buku Perusahaan untuk tahun           rekomendasi Komite Audit, BOC
         buku yang berakhir pada 31 Desember 2023 dengan kriteria yang telah ditentukan.        menunjuk Kantor Akuntan Publik
                                                                                                Mirawati Sensi Idris.

         To authorize the Company’s BOC to appoint an Independent Public Accounting Firm        The  BOC      by  considering    the
         that will audit the Company’s book for the financial year ended December 31st, 2023    recommendations from the Audit
         with the defined criteria.                                                             Committee, has appointed the Public
                                                                                                Accounting Firm Mirawati Sensi Idris.




140      LAPORAN TAHUNAN 2024
Page 141
   Corporate Governance                                                          PT Duta Pertiwi Tbk




DIREKSI
Directors

Direksi telah memiliki Piagam Direksi No.001/           The Directors has already had the Charter for
DIR/DP/XII/2015 tanggal 7 Desember 2015, yang           the    Directors    No.001/DIR/DP/XII/2015     dated
memuat antara lain landasan hukum, struktur dan         December 7th, 2015, consisting, among others,
keanggotaan, kriteria dan independensi, tugas dan       legal basis, structure and membership, criteria
tanggung jawab beserta kewenangan, mekanisme            and independence, duties and responsibilities,
rapat, pelaporan dan pertanggungjawaban.                along with authorities, meetings, reporting and
Direksi dalam pelaksanaan kegiatan operasional          accountability. The Directors use the Charter as a
sehari-hari berlandaskan pada Piagam tersebut.          reference for their daily operational activities. The
Piagam Direksi dapat diunduh di situs Secara            Directors periodically review the Charter to ensure
berkala, Direksi melakukan tinjauan atas Piagam         its continued relevance to the Company’s business
Direksi dan menilai Piagam Direksi tersebut masih       development. The Charter is available for download
relevan dengan kondisi perkembangan bisnis              on the Company’s websites www.sinarmasland.com
Perusahaan. Piagam Direksi dapat diunduh di             and www.dutapertiwi.com.
situs web Perusahaan www.sinarmasland.com
dan www.dutapertiwi.com. [ACGS D.1.1] [PUGKI 1.1.8]


Struktur dan Keanggotaan                                Structure and Composition
Direksi setidak-tidaknya terdiri atas 3 (tiga) orang,   The Directors consists of at least 3 (three) persons
yang memiliki kedudukan setara dan bertanggung          with equal position and is responsible to the GMS,
jawab kepada RUPS, yaitu:                               namely:

1. 1 (satu) orang Direktur Utama;                       1. 1 (one) President Director;
2. 1 (satu) orang Wakil Direktur Utama atau lebih;      2. 1 (one) Vice President Director or more;
3. 1 (satu) orang Direktur atau lebih.                  3. 1 (one) Director or more.

Direksi diangkat dan diberhentikan melalui              The Directors are appointed and dismissed
keputusan RUPS untuk masa jabatan tertentu              through a GMS resolution for specific tenure, at
yang selama-lamanya adalah sampai dengan                the latest until the closing of the fifth year GMS
ditutupnya RUPST ke-5 dan dapat diangkat                and can be reappointed.
kembali. [ACGS D.3.11]

Piagam Direksi mengatur bahwa anggota Direksi           The Charter for the Directors regulates that
hanya dapat merangkap jabatan sebanyak-                 members of the Directors can only hold as many
banyaknya sebagai anggota Direksi pada 1 (satu)         positions as members of the Directors at 1 (one)
emiten atau perusahaan publik lain, anggota BOC         issuer or the public company, BOC members at
pada 3 (tiga) emiten atau perusahaan publik lain,       3 (three) issuers or other public companies, and
dan anggota komite pada 5 (lima) emiten atau            committee members at 5 (five) issuers or public
perusahaan publik di mana yang bersangkutan             companies where the person concerned also
juga menjabat sebagai anggota Direksi atau BOC.         serves as a member of the Directors or BOC. In
Sesuai dengan kebijakan tersebut, pada tahun            accordance with the policy, this year, no members
ini tidak ada anggota Direksi yang merangkap            of the Directors held more positions than the
jabatan lebih dari batasan di atas.                     above set limitations.
[ACGS D.2.6] [PUGKI 1.6.1.1]

Pada tahun ini, sesuai rekomendasi NRC kepada           This year, as recommended by the NRC to the
BOC, tidak ada perubahan pada susunan                   BOC, there were no changes in the composition
Direksi. [PUGKI 1.3.3] Dengan mempertimbangkan          of the Directors. After a consideration to the
karakteristik, kapasitas, ukuran dan kebutuhan          business characteristics, capacity, size and needs,




                                                                                2024 ANNUAL REPORT         141
Page 142
      Governansi Perusahaan




 bisnis [PUGKI 2.1.2.3], jumlah anggota Direksi                the members of the Directors of the Company
 Perusahaan adalah 4 (empat) orang dengan                      amounting to 4 (four) persons with the following
 susunan per 31 Desember 2024 sebagai berikut:                 composition as of December 31st, 2024:



  Teky Mailoa                         Direktur Utama • President Director

  Lie Jani Harjanto                   Wakil Direktur Utama • Vice President Director

  Hongky Jeffry Nantung               Direktur • Director

  Handoko Wibowo                      Direktur • Director



 Masa jabatan mereka adalah sampai dengan                      Their term of office is until the closing of the
 ditutupnya RUPST untuk tahun buku yang                        AGMS for the financial year ending December
 berakhir pada tanggal 31 Desember 2024 tanpa                  31st, 2024, without prejudice to the right of the
 mengurangi hak RUPS untuk memberhentikan                      GMS to dismiss one or all members before their
 salah satu atau semua anggota sebelum masa                    term of office ends.
 jabatannya berakhir.

 Keberagaman                                                   Diversity
 Susunan Direksi mewakili berbagai latar belakang              The composition of the Directors represents a
 pendidikan dan pengalaman yang dipandang                      variety of educational background and working
 sesuai     dalam        pencapaian            target-target   experience that are deemed in conjunction to the
 Perusahaan. Sampai saat ini, kebijakan mengenai               achievement of the Company’s targets. To date,
 keberagaman susunan Direksi disesuaikan                       policy regarding the diversity of the composition
 dengan rencana jangka panjang yang telah                      of the Directors is adjusted to the Company’s
 dimiliki Perusahaan yang tampak pada tabel                    long-term plan as shown in the table below:
 berikut ini: [ACGS (B).D.1.2] [PUGKI 2.1.2.2] [PUGKI 2.1.3]



  Nama          Gender         Pendidikan                       Usia   Catatan [ACGS D.4.6] [PUGKI 2.1.2.4]
  Name          Gender         Education                        Age    Note


                                                                       Berpengalaman lebih dari 25 tahun di bisnis
                               Master in Structure and                 properti, khususnya proyek properti investasi dan
  Teky          Laki-laki      Construction Management                 manajemen.
                                                                 61
  Mailoa        Male           University of Wisconsin,                Has more than 25 years of experience in the
                               Madison, USA                            property business, specifically in property
                                                                       investment projects and management.

                                                                       Berpengalaman lebih dari 30 tahun di dunia
                               Sarjana Ekonomi
                                                                       properti, bidang keuangan dan akuntansi serta
  Lie Jani                     Bachelor’s Degree
                Perempuan                                              manajemen.
                               in Economics                     58
  Harjanto      Female                                                 Has more than 30 years of experience in the
                               Universitas Trisakti
                                                                       property business, finance, accounting and
                               Trisakti University
                                                                       management.

                                                                       Berpengalaman lebih dari 30 tahun di dunia
  Hongky                       Bachelor’s Degree in
                                                                       properti, pemasaran dan manajemen.
                Laki-laki      Engineering
  Jeffry        Male           University of Wollongong,
                                                                62     Has more than 30 years of experience
  Nantung                                                              in the property business, marketing and
                               Australia
                                                                       management.

                               Sarjana Ekonomi Jurusan
                               Manajemen
                                                                       Berpengalaman lebih dari 30 tahun di bidang
  Handoko                      Bachelor of Economics
                Laki-laki                                              keuangan dan manajemen properti.
                               majoring in Management           62
  Wibowo        Male                                                   Has more than 30 years of experience in finance
                               Universitas Krisnadwipayana
                                                                       and property management.
                               Jakarta, Indonesia
                               Krisnadwipayana University




142      LAPORAN TAHUNAN 2024
Page 143
   Corporate Governance                                                      PT Duta Pertiwi Tbk



Tugas dan Tanggung Jawab                             Duties and Responsibilities
[SEOJK 2.g.2.a] [ACGS D.1.3]
Piagam Direksi mengatur tugas dan tanggung           The Charter for the Directors outlines the general
jawab Direksi secara umum yaitu melaksanakan         duties and responsibilities of the Directors,
pengurusan Perusahaan untuk kepentingan serta        focusing on managing the Company to further its
sesuai dengan maksud dan tujuan Perusahaan.          objectives and mission. The Charter also governs
Di dalam Piagam tersebut juga diatur kewajiban       the requirements for convening a GMS, guidelines
penyelenggaraan RUPS, panduan dalam hal              regarding managing conflicts of interest, outlines
benturan kepentingan, panduan penggunaan             protocols for engaging individual advisors or
penasihat perorangan atau konsultan, serta           consultants, as well as emphasizing members’
peningkatan kompetensi anggota. Direksi juga         competencies. Additionally, the Directors have
telah membentuk Unit Kerja Audit Internal dan        instituted an Internal Audit Work Unit and a Risk
Unit Kerja Manajemen Risiko dan Keberlanjutan        and Sustainability Management Work Unit to
untuk membantu pelaksanaan tugas dan                 support the execution of these responsibilities
tanggung jawab di atas.                              and duties.

Di dalam melaksanakan tugasnya, 3 (tiga) orang       In carrying out the said duties, 3 (three) members
anggota Direksi secara bersama-sama berhak           of the Directors jointly have the right and
dan berwenang bertindak untuk dan atas nama          authority to act for and on behalf of the Directors
Direksi serta mewakili Perusahaan. [ACGS D.1.2]      and to represent the Company.

Sebagaimana yang telah disampaikan pada Bab          As outlined in the Organizational Structure
Profil Perusahaan sub judul Struktur Organisasi      section of the Company Profile chapter on page
halaman 51 Laporan Tahunan ini, penjabaran           51 of this Annual Report, the description of scope
pekerjaan dan tanggung jawab masing-masing           of work and responsibilities of the member of the
anggota Direksi, yakni sebagai berikut:              Directors respectively is as follows:

Direktur Utama [ACGS D.4.4]                          President Director
a. Mengkoordinasikan seluruh kegiatan Direksi;       a. Coordinate all activities of the Directors;
b. Mengkoordinasikan proses dan merekonstruksi       b. Coordinate the process and reconstruct the
   aspek-aspek filosofi korporasi yang mencakup         corporate philosophical aspects covering
   visi, misi, tujuan, budaya perusahaan serta          vision, mission, objectives, corporate culture
   kepemimpinan, termasuk visi, strategi dan pilar      and leadership, including ESG sustainability
   berkelanjutan ESG sejalan dengan tujuan dan          vision, strategy and pillars are in line with the
   strategi bisnis Perusahaan;                          Company’s business objective and strategy;
c. Merumuskan dan menyatakan arah strategis          c. Formulate and state the strategic direction
   untuk       mengkondisikan         kemampuan         to condition the Company’s ability to realize
   Perusahaan dalam mewujudkan pertumbuhan              sustainable competitive growth across all
   kompetitif yang berkelanjutan pada seluruh           business portfolios and control risk as well as
   portofolio bisnis dan pengendalian risiko serta      interact with external constituents as a group;
   berinteraksi dengan konstituen eksternal
   secara berkelompok; [PUGKI 5.2.1]
d. Mengendalikan fungsi perencanaan strategis        d. Control the strategic planning function
   dan mengarahkan upaya pertumbuhan                    and direct the efforts towards growth while
   dengan fokus pada portofolio bisnis baru;            focusing on new business portfolios;
e. Mengendalikan arah Perusahaan;                    e. Control the direction of the Company;
f. Mengendalikan pengelolaan aspek strategis dan     f. Control the management of strategic aspects
   fungsi-fungsi keuangan, sumber daya manusia,         and functions of finance, human resources,
   inovasi dan strategi portofolio pada seluruh         innovation and portfolio strategy in all
   portofolio bisnis yang dijalankan Perusahaan;        business portfolios run by the Company;
g. Memimpin proses pembinaan pemimpin serta          g. Lead the process of developing leaders as well
   mengangkat dan memberhentikan pemangku               as appointing and dismissing office holders
   jabatan pada posisi tertentu sesuai peraturan        in certain positions in accordance with
   manajemen karir yang ditetapkan.                     established career management regulation.




                                                                            2024 ANNUAL REPORT         143
Page 144
      Governansi Perusahaan




 Wakil Direktur Utama                              Vice President Director
 Bertanggung jawab membantu Direktur Utama         Responsible to assist the President Director in his
 sebagaimana yang disebutkan dalam tanggung        duties as stated above.
 jawab Direktur Utama di atas.

 Direktur Keuangan                                 Finance Director
 Membawahi fungsi-fungsi Keuangan, Akuntansi,      Supervises the functions of Finance, Accounting,
 Pajak, Hukum dan Teknologi Informasi, dengan      Tax, Legal and Information Technology, with
 penjabaran tugas dan tanggung jawab sebagai       duties and responsibilities as follows:
 berikut:
 a. Menentukan konsep dan rumusan Rencana          a. Determine the concept and formulation of
    Keuangan Perusahaan Jangka Panjang dan            the Long and Short-Term Company Financial
    Pendek;                                           Plans;
 b. Memfasilitasi dalam proses perumusan konsep    b. Facilitate the process of formulating the
    perspektif keuangan untuk aspek, antara lain      concept of financial perspective for aspects
    penganggaran belanja, bisnis dan investasi        such as budgeting, business & investment
    serta pengelolaan modal;                          and capital management;
 c. Menentukan strategi dan kebijakan fungsional   c. Determining       financial   strategies   and
    bidang finansial yang mencakup kebijakan          functional policies that include financial
    keuangan, sistem pendukung kebijakan              policies, financial policy support systems and
    keuangan dan pengelolaan aset;                    asset management;
 d. Menentukan      kebijakan   governansi  dan    d. Determine governance and management
    pengelolaan akuntansi finansial, manajemen        policies for financial accounting, accounting
    akuntansi, keuangan perusahaan dan pajak;         management, corporate finance and tax;
 e. Menentukan kebijakan, governansi dan           e. Determine       policies,   governance     and
    mekanisme pengelolaan proses penganggaran         mechanisms for managing the Company’s
    Perusahaan;                                       budgeting process;
 f. Menentukan kebijakan, governansi dan           f. Determine       policy,     governance     and
    pengelolaan Teknologi Informasi dan Hukum.        management of Information Technology and
                                                      Law.

 Direktur Operasional                              Operations Director
 Membawahi ruang lingkup pekerjaan yang            In charge of the scope of work which includes
 antara lain mengelola dan mengawasi Divisi        managing and supervising the Residential and
 Residensial dan Komersial. Direktur Operasional   Commercial Projects Division. The Operations
 bertanggung jawab untuk:                          Director is responsible to:
 a. Menetapkan kebijakan pengembangan dan          a. Determining the development and innovation
    inovasi beserta rencana pemasaran produk          policies along with the marketing plans for
    perumahan dan komersial;                          housing and commercial products;
 b. Menetapkan arah strategis dan mekanisme        b. Determining the strategic directions and
    penjualan produk residensial dan komersial;       mechanism of residential and commercial
                                                      products;
 c. Menentukan strategi dan kebijakan proposisi    c. Determine the value proposition strategy and
    nilai.                                            policies.

 Direktur Manajemen Aset                           Asset Management Director
 Membawahi ruang lingkup pekerjaan yang            In charge of the scope of work which includes
 antara lain mengelola dan mengawasi Divisi        managing and supervising the Company’s Asset
 Manajemen Aset Perusahaan, antara lain gedung     Management Division such as office buildings,
 perkantoran, hotel, mal, trade center dan water   hotels, shopping malls, trade centers and
 park. Direktur Manajemen Aset bertanggung         water parks. The Asset Management Director is
 jawab untuk:                                      responsible for:
 a. Menetapkan kebijakan pengembangan dan          a. Establishing the development and innovation
    inovasi beserta strategi rencana pemasaran        policies along with marketing plan strategies
    produk aset Perusahaan;                           for the Company’s asset products;
 b. Menetapkan arah strategis dan mekanisme        b. Establishing the strategic direction and
    penyewaan dan/atau penjualan produk aset          mechanism for leasing and/or selling the
    Perusahaan;                                       Company’s asset products;


144      LAPORAN TAHUNAN 2024
Page 145
    Corporate Governance                                                          PT Duta Pertiwi Tbk



c. Menetapkan strategi dan kebijakan terkait              c. Establishing strategies and policies related to
   value proposition.                                        value proposition.

Direktur Pemasaran dan Pengembangan Bisnis                Marketing and Business Development Director
Membawahi ruang lingkup pekerjaan yang                    In charge of the scope of work which includes
antara lain mengelola dan mengawasi Divisi                managing and supervising the Marketing and
Pemasaran dan Divisi Pengembangan Bisnis.                 Business Development Division. The Marketing
Direktur Pemasaran dan Pengembangan Bisnis                and Business Development Director are
bertanggung jawab untuk:                                  responsible for:
a. Menetapkan arah strategi jangka panjang dan            a. Establishing the long- and short-term
   pendek rencana pemasaran produk-produk                    strategic direction of the Company’s product
   Perusahaan;                                               marketing plan;
b. Menetapkan kebijakan dan mekanisme                     b. Establishing the policies and mechanism for the
   pelaksanaan pengembangan usaha;                           implementation of the Business Development;
c. Menetapkan kebijakan standarisasi pelayanan            c. Establishing      the      customer     service
   pelanggan di semua proyek Perusahaan.                     standardization policies in all projects of the
                                                             Company.

Rapat                                                     Meetings
Rapat Direksi diadakan minimal sekali tiap bulan          Meetings of the Directors are held at least 1
[ACGS D.3.2] dan Rapat Direksi bersama BOC paling         (once) every month and Joint Meetings of the
tidak sekali dalam 4 (empat) bulan. [SEOJK 2.g.2.c]       Directors with the BOC at least 1 (once) every 4
Direksi telah menetapkan jadwal Rapat Direksi             (four) months. The Directors have scheduled the
untuk tahun berjalan pada akhir tahun buku                Meetings of the Directors for the year as of the
sebelumnya. [ACGS D.3.1]                                  end of the previous year.

Rapat Direksi memutuskan semua kebijakan                  The Directors’ Meetings establish all strategic
dan keputusan strategis Perusahaan serta                  policies and decisions and monitor the strategy
memonitor penerapan strategi tersebut dalam               implementation throughout the year.
tahun berjalan. [ACGS D.1.5] [ACGS D.1.6] [PUGKI 5.2.1]

Rapat Direksi dipimpin oleh Direktur Utama,               Meetings of the Directors are chaired by the
bahan rapat telah disampaikan paling lambat 5             President Director, and meeting materials should
(lima) hari sebelum penyelenggaraan. [ACGS D.3.6]         have been submitted to the participants at least
[PUGKI 1.7.1.3]                                           5 (five) days before it is held.

Keputusan rapat hanya sah dan dapat mengambil             Meeting resolutions are only valid and can make
keputusan-keputusan yang mengikat apabila                 binding decisions if more than ½ (one half) of the
lebih dari ½ (satu perdua) bagian Direksi yang hadir      Directors are present and/or represented in the
dan/atau diwakili dalam rapat. Keputusan rapat            meeting. Decisions in the meeting must be made
diambil atas musyawarah untuk mufakat. Bila               based on deliberation to reach a consensus.
mufakat tidak dapat tercapai, maka pengambilan            In the event that it is impossible to attain, the
keputusan didasarkan dengan pemungutan                    decision making shall be based on affirmative
suara setuju lebih dari ½ (satu perdua) bagian            votes, which shall be more than half of the total
dari jumlah suara yang dikeluarkan dengan sah             votes validly cast in the meeting.
dalam Rapat tersebut.

Sebagaimana yang diatur dalam Piagam Direksi,             In accordance with the Directors Charter, any
bila ada anggota Direksi yang memiliki benturan           Directors member who identifies a conflict of
kepentingan dengan salah satu agenda Rapat                interest regarding an agenda item must formally
Direksi, maka anggota Direksi tersebut harus              declare this conflict and will be ineligible to vote
menyatakan benturan kepentingannya dan tidak              on that agenda.
berhak dalam pengambilan suara pada agenda
tersebut.
[ACGS A.8.2] [ACGS App.B.4.1] [PUGKI 1.6.2.3]




                                                                                 2024 ANNUAL REPORT         145
Page 146
      Governansi Perusahaan




 Sepanjang    tahun    2024,  Direksi    telah                      Throughout 2024, the Directors held 12 (twelve)
 melaksanakan rapat sebanyak 12 (dua belas)                         Internal Directors Meetings, 4 (four) Joint
 Rapat Internal Direksi dan 4 (empat) Rapat                         Meetings with the BOC and 1 (one) AGMS with
 Gabungan dengan BOC [PUGKI 3.2.1.3] dan 1 kali                     the following attendance record:
 RUPST, dengan catatan kehadiran sebagai
 berikut:


                                                                     Rapat Gabungan Direksi
                              Rapat Direksi (12 Rapat)
                                                                         dan BOC (4 rapat)
                           Directors Meeting (12 Meetings)
                                                                    Joint Meeting of the Directors
                             [SEOJK 2.g.2.c] [ACGS D.3.2]
                                                                         & BOC (4 meetings)           Kehadiran dalam RUPST
                            [ACGS D.3.3] [ACGS App D.2.6]
      Nama                                                        [SEOJK 2.g.2.c] [ACGS App D.2.6]      Attendance in AGMS
      Name                                                                                                 [SEOJK 2.g.2.c]
                              Jumlah           Persentase            Jumlah          Persentase             [ACGS A.2.7]
                            Kehadiran         Kehadiran (%)        Kehadiran        Kehadiran (%)
                            Number of          Attendance          Number of         Attendance
                            Attendance        Percentage (%)       Attendance       Percentage (%)


                                                                                                                Hadir
      Teky Mailoa                12                100%                 3                 75%
                                                                                                               Present

      Lie Jani                                                                                                  Hadir
                                 12                100%                 3                 75%
      Harjanto                                                                                                 Present

      Hongky Jeffry
                                 12                100%                 3                 75%                     *)
      Nantung

      Handoko                                                                                                   Hadir
                                 12                100%                 4                100%
      Wibowo                                                                                                   Present

 *)    Berhalangan hadir karena menghadiri pertemuan yang tidak dapat diwakilkan.
       Unable to attend the meeting due to prior important commitments that prohibited representation through a proxy.




 Program     Orientasi   dan    Pengembangan                        Orientation and Competency Development
 Kompetensi                                                         Programs
 Perusahaan belum memiliki program pengenalan                       The Company does not have an induction
 bagi anggota Direksi yang baru diangkat. Namun                     program for newly appointed members of
 demikian, jika terdapat pengangkatan anggota                       the Directors. However, in the event of a new
 Direksi yang baru, Perusahaan menyediakan                          Director’s appointment, the Company will
 informasi yang cukup terkait kegiatan usaha                        ensure they receive comprehensive details
 Perusahaan dan penjelasan mengenai tugas dan                       about the Company’s business activity, along
 tanggung jawab Direksi.                                            with an overview of the Directors’ roles and
 [SEOJK 2.g.2.d.1] [ACGS D.5.1] [PUGKI 1.7.1.1]                     responsibilities.

 Berdasarkan Piagam Direksi, anggota Direksi                        According to the Charter for the Directors, it
 harus selalu meningkatkan kompetensi yang                          is imperative for members of the Directors to
 menunjang pelaksanaan tugasnya melalui                             continuously enhance their competencies to
 partisipasi di dalam pelatihan dan program-                        effectively fulfill their responsibilities by engaging
 program pengembangan lainnya. [SEOJK 2.g.2.d.1]                    in training and developmental initiatives.
 [ACGS D.5.2] [PUGKI 1.7.1.2]


 Program pelatihan dan pengembangan yang                            The training and development programs that
 diikuti oleh Direksi pada tahun 2024 adalah                        the Directors participated in during 2024 are as
 sebagai berikut: [SEOJK 2.g.2.d.2]                                 follows:




146        LAPORAN TAHUNAN 2024
Page 147
 Corporate Governance                                                               PT Duta Pertiwi Tbk



                                                                                                 Pelaksana
Nama          Topik                                               Tanggal             Tempat
                                                                                                 Provider/
Name          Subject                                             Date                 Venue
                                                                                                 Facilitator

              Executive Mandatory Program: Cultivating
              Strategic Partnership in Dynamic Technological      16        April                Prasmul ELI
              Environment

              Personal Data Protection Awareness                  22        Mei                  Deloitte Indonesia
                                                                            May


              Executive Mandatory Program: Shared
              Leadership - Lesson Learned in Automotive and       26        Juli                 MDI
                                                                            July
              Finance Industry


Teky Mailoa   Executive Mandatory Program: Accelerating                               BSD City
                                                                  13                             Prasmul ELI
              Growth through Collaborative Synergy


              Unlocking Visitor Trends: GIIAS 2024 & The Breeze        September
                                                                  19                             Inhouse
              Visitor Insight

              Digital Day 2024: Stronger Together Towards
                                                                  27                             Inhouse
              Golden Indonesia 2045
              Executive Mandatory Program: Driving
              Organizational Transformation through                                              Prasmul ELI/
                                                                  15   November                  Ignatius Jonan
              Collaborative Leadership in the Business
              Ecosystem

              Mandiri Investment Forum                            5     Maret         Jakarta    PT Bank Mandiri
                                                                        March                    Tbk

              Executive Mandatory Program: Cultivating
              Strategic Partnership in Dynamic Technological      26        April                Prasmul ELI
              Environment

              Cultivating Collaboration Across Strategic                    Mei
                                                                  17        May                  Inhouse
              Business Unit

              Executive Mandatory Program: Shared
              Leadership - Lesson Learned in Automotive and       26        Juli                 MDI
                                                                            July
              Finance Industry
              Executive Mandatory Program: Emerging Trend               Agustus
                                                                  23    August                   Monash University
              Shaping Future City Design
Lie Jani
Harjanto      Executive Mandatory Program: Accelerating
                                                                  13                  BSD City   Prasmul ELI
              Growth through Collaborative Synergy
                                                                       September
              Digital Day 2024: Stronger Together Towards
                                                                  27                             Inhouse
              Golden Indonesia 2045
              Leadership Series: Building a Customer-Centric            Oktober
                                                                  4     October                  Deloitte Indonesia
              Ecosystem

              Leadership Series: Building High-Performing
                                                                  6                              Deloitte Indonesia
              Teams
              Executive Mandatory Program: Driving                     November
              Organizational Transformation through                                              Prasmul ELI/
                                                                  15                             Ignatius Jonan
              Collaborative Leadership in the Business
              Ecosystem




                                                                                    2024 ANNUAL REPORT             147
Page 148
      Governansi Perusahaan




                                                                                                      Pelaksana
  Nama               Topik                                               Tanggal           Tempat
                                                                                                      Provider/
  Name               Subject                                             Date               Venue
                                                                                                      Facilitator

                     Executive Mandatory Program: Cultivating
                     Strategic Partnership in Dynamic Technological      16        April              Prasmul ELI
                     Environment
                     Executive Mandatory Program: Shared
                     Leadership - Lesson Learned in Automotive and       26        Juli               MDI
                                                                                   July
                     Finance Industry

  Hongky             Executive Mandatory Program: Emerging Trend               Agustus
                                                                         23                           Monash University
  Jeffry             Shaping Future City Design                                August      BSD City
  Nantung
                     Digital Day 2024: Stronger Together Towards
                                                                         27   September               Inhouse
                     Golden Indonesia 2045

                     Executive Mandatory Program: Driving
                     Organizational Transformation through                                            Prasmul ELI/
                                                                         15   November                Ignatius Jonan
                     Collaborative Leadership in the Business
                     Ecosystem


                     Personal Data Protection Awareness                  22        Mei                Deloitte Indonesia
                                                                                   May


  Handoko            Unlocking Visitor Trends: GIIAS 2024 & The Breeze
                                                                         19                BSD City   Inhouse
  Wibowo             Visitor Insight
                                                                              September
                     Digital Day 2024: Stronger Together Towards
                                                                         27                           Inhouse
                     Golden Indonesia 2045




 Penilaian Kinerja Unit Kerja Audit Internal                    Performance Assessment of Internal Audit Unit
 [SEOJK 2.g.2.e.1] [SEOJK 2.g.2.e.2]
 Direksi membentuk Unit Kerja Audit Internal                    The Directors established the Internal Audit
 untuk menerapkan sistem pengendalian internal,                 Unit to ensure the effective and efficient
 manajemen risiko dan governansi perusahaan                     implementation of internal control systems, risk
 secara efektif dan efisien.                                    management and corporate governance.

 Standar    kinerja   tahunan     dari    masing-               The performance standards of each aspect
 masing aspek ditentukan oleh Direksi setelah                   are determined by the Directors following
 mempertimbangkan masukan dari unit kerja.                      deliberation on inputs from the respective work
 Penilaian kinerja dilaporkan oleh Kepala Unit                  unit. The Unit Head is responsible for presenting
 kepada Direksi setidak-tidaknya sekali setahun.                the performance evaluation to the Directors
                                                                annually at a minimum.

 Direksi telah melakukan evaluasi terhadap proses               The Directors conducted an evaluation of the
 dan hasil kerja dari Unit Kerja Audit Internal,                workflow and outcomes of the Internal Audit Work
 kehadiran dalam rapat serta mempertimbangkan                   Unit, its attendance in meetings and making
 penilaian kinerja yang dilaporkan oleh Kepala                  considerations to the performance asessment
 Unit kepada Direksi di tahun 2024. Berdasarkan                 reported by the Unit Head to the Directors in
 evaluasi tersebut, Direksi menetapkan bahwa                    2024. Based on the evaluation, the Directors
 Unit Kerja Audit Internal telah bekerja dengan                 concluded that the Internal Audit Work Unit had
 baik sesuai dengan kompetensi, tugas dan fungsi                effectively fulfilled its designated competencies,
 yang ditetapkan.                                               responsibilities and obligations.




148      LAPORAN TAHUNAN 2024
Page 149
   Corporate Governance                                                        PT Duta Pertiwi Tbk



Penilaian Kinerja Unit Kerja Manajemen Risiko           Performance Assessment of Risk Management
dan Keberlanjutan [SEOJK 2.g.2.e.1] [SEOJK 2.g.2.e.2]   and Sustainability Unit
Direksi membentuk Unit Kerja Manajemen                  The Directors established the Risk Management
Risiko dan Keberlanjutan untuk melaksanakan             and Sustainability Work Unit to ensure the
pengendalian risiko yang efektif dan efisien serta      effective and efficient implementation of risk
manajemen keberlanjutan.                                management and sustainability management.

Kinerja    unit    ditentukan      oleh    beberapa     The performance of the unit is determined
komponen antara lain tata kelola risiko,                by various components, among others, risk
identifikasi dan penilaian risiko serta pengawasan      governance, identification and assessment
dan pengelolaan risiko dan manajemen                    and risk monitoring and management, as well
keberlanjutan. Standar kinerja tahunan dari             as sustainability management. The Directors
masing-masing aspek ditentukan oleh Direksi             establish annual performance benchmarks for
setelah mempertimbangkan masukan dari unit              each of these elements based on input from
kerja. Penilaian kinerja dilaporkan oleh Kepala         the work unit. The Unit Head is responsible for
Unit kepada Direksi setidak-tidaknya sekali             presenting the performance evaluation to the
setahun.                                                Directors annually at a minimum.

Direksi telah melakukan evaluasi terhadap proses        The Directors conducted an evaluation of the
dan hasil kerja dari Unit Kerja Manajemen Risiko        workflow and outcomes of the Risk Management
dan Keberlanjutan, kehadiran dalam rapat serta          and Sustainability Work Unit, its attendance
mempertimbangkan penilaian kinerja yang                 in meetings and making considerations to the
dilaporkan oleh Kepala Unit kepada Direksi di           performance asessment reported by the Unit
tahun 2024. Berdasarkan evaluasi tersebut, Direksi      Head to the Directors in 2024. Based on the
menetapkan bahwa Unit Kerja Manajemen Risiko            evaluation, the Directors concluded that the Risk
dan Keberlanjutan telah bekerja dengan baik             Management and Sustainability Work Unit had
sesuai dengan kompetensi, tugas dan fungsi              effectively fulfilled its designated competencies,
yang ditetapkan.                                        responsibilities and obligations.




                                                                               2024 ANNUAL REPORT       149
Page 150
      Governansi Perusahaan




 DEWAN KOMISARIS
 Board of Commissioners

 BOC telah memiliki Piagam BOC No.001/BOC/             The BOC have issued the Charter No.001/BOC/
 DP/XII/2015 tanggal 7 Desember 2015 [SEOJK            DP/XII/2015, dated December 7th, 2015, outlines
 2.g.3.b] , yang memuat antara lain landasan           the legal basis, structure, membership criteria,
 hukum, struktur dan keanggotaan, kriteria dan         independence,     duties,   responsibilities and
 independensi, kewenangan, rapat, pelaporan            authorities, as well as the mechanisms for
 dan pertanggungjawaban. BOC Perusahaan                meetings, reporting and accountability. The BOC
 dalam pelaksanaan kegiatan pengawasan aktif           use the Charter as a reference for their active
 berlandaskan pada piagam tersebut. Secara             monitoring activity. The BOC periodically review
 berkala, BOC melakukan tinjauan atas Piagam BOC       the Charter to ensure its continued relevance
 dan menilai Piagam BOC tersebut masih relevan         to the Company’s business development.
 dengan kondisi perkembangan bisnis Perusahaan.        The Charter is available for download on the
 [PUGKI 1.3.10] Piagam BOC dapat diunduh di situs      Company’s websites www.sinarmasland.com and
 web Perusahaan www.sinarmasland.com dan               www.dutapertiwi.com.
 www.dutapertiwi.com [ACGS D.1.1]


 Struktur dan Keanggotaan                              Structure and Composition
 BOC dipimpin oleh Komisaris Utama. [PUGKI 1.3.13]     BOC is chaired by the President Commissioner.
 Total anggota BOC sekurang-kurangnya berjumlah        The total number of the BOC members should be
 3 (tiga) orang dengan jabatan sebagai berikut:        at least 3 (three) persons of the nomenclature of
                                                       the following titles:
 1. 1 (satu) orang Komisaris Utama;                    1. 1 (one) President Commissioner;
 2. 1 (satu) orang Wakil Komisaris Utama atau lebih;   2. 1 (one) Vice President Commissioner or more;
 3. 1 (satu) orang Komisaris atau lebih;               3. 1 (one) Commissioner or more;
 4. 1 (satu) orang Komisaris Independen atau           4. 1 (one) Independent Commissioner or more.
    lebih. Paling kurang 30% (tiga puluh persen)          No less than 30% of the total members of the
    dari jumlah anggota BOC adalah Komisaris              BOC are Independent Commissioners.
    Independen. [PUGKI 2.1.7]

 BOC diangkat dan diberhentikan melalui                The BOC is appointed and dismissed through a
 keputusan RUPS untuk masa jabatan tertentu            GMS resolution for specific tenure, at the latest
 yang selama-lamanya adalah sampai dengan              until the closing of the fifth year GMS and can be
 ditutupnya RUPST ke-5, dan dapat diangkat             reappointed.
 kembali. [ACGS D.3.11]

 Piagam BOC mengatur bahwa anggota BOC                 The Charter for the BOC stipulates that BOC
 hanya dapat merangkap jabatan sebanyak-               members are limited to holding positions as
 banyaknya sebagai anggota Direksi pada 2 (dua)        members of the Directors at 2 (two) issuers or
 emiten atau perusahaan publik lain dan anggota        the other public companies and BOC members
 BOC pada 2 (dua) emiten atau perusahaan publik        at 2 (two) issuers or other public companies;
 lain; atau hanya sebagai anggota BOC pada 4           at a maximum of four issuers or other public
 (empat) emiten atau perusahaan publik lain,           companies as BOC members. Additionally, if an
 dan anggota komite pada 5 (lima) emiten atau          individual concurrently serves as a BOC member
 perusahaan publik di mana yang bersangkutan           or a director, they may also be a committee
 juga menjabat sebagai anggota Direksi atau            member in up to five issuers or public companies.
 BOC. [ACGS D.2.6]




150      LAPORAN TAHUNAN 2024
Page 151
   Corporate Governance                                                                    PT Duta Pertiwi Tbk



Pada tahun ini, tidak ada perubahan pada                          This year, there were no changes in the
susunan BOC. Dengan mempertimbangkan                              composition of the BOC. Following a thorough
karakteristik, kapasitas, ukuran dan kebutuhan                    consideration to the business characteristics,
bisnis [PUGKI 2.1.6.2], jumlah anggota BOC                        capacity, size and needs, the members of the BOC
Perusahaan adalah 4 (empat) orang dengan                          of the Company amounting to 4 (four) people
susunan per 31 Desember 2024 sebagai berikut:                     with the following composition as of December
                                                                  31st, 2024:



 Muktar Widjaja                                  Komisaris Utama • President Commissioner

 Franciscus Xaverius R.D.                        Wakil Komisaris Utama • Vice President Commissioner

 Prof. DR. Teddy Pawitra                         Komisaris Independen • Independent Commissioner

 Prof. DR. Susiyati Bambang Hirawan              Komisaris Independen • Independent Commissioner




Masa jabatan mereka adalah sampai dengan                          Their term of office is until the closing of the
ditutupnya RUPST untuk tahun buku yang                            AGMS for the financial year ending December
berakhir pada tanggal 31 Desember 2024 tanpa                      31st, 2024, without prejudice to the right of the
mengurangi hak RUPS untuk memberhentikan                          GMS to dismiss one or all members before their
salah satu atau semua anggota sebelum masa                        term of office ends.
jabatannya berakhir.

Keberagaman [PUGKI 2.1.6]                                         Diversity
Susunan BOC mewakili berbagai latar belakang                      The composition of the BOC represents various
pendidikan dan pengalaman yang dipandang                          educational background and work experiences
sesuai dalam situasi yang sedang dihadapi                         that is deemed in accordance with the Company’s
Perusahaan. Keberagaman ini memungkinkan                          current situation. Diversity allows the BOC to
BOC untuk mengembangkan pandangan yang                            develop comprehensive views on discussed
komprehensif pada hal-hal yang dibahas sebelum                    matters before a decision is made.
pembuatan keputusan.

Kebijakan mengenai keberagaman susunan BOC                        Policy regarding the diversity in the composition
maupun tujuan terukur atas keberagaman dalam                      of the BOC as well as measurable objectives of
susunan BOC yang disesuaikan dengan rencana                       the diversity is aligned with the long-term plan of
jangka panjang yang telah dimiliki Perusahaan                     the Company shown in the table below:
yang tampak pada tabel di bawah ini:
[ACGS (B).D.1.2] [PUGKI 2.1.3] [PUGKI 2.1.6]



 Nama            Gender           Pendidikan                       Usia   Catatan
 Name            Gender           Education                        Age    Note

                                                                          Berpengalaman lebih dari 40 tahun di
                                                                          bisnis properti dan berhasil mengantarkan
                                    Sarjana Administrasi Bisnis
                                                                          Perusahaan menjadi perusahaan properti
 Muktar                             Bachelor’s degree in
                 Laki-laki                                                terkemuka di Indonesia.
                                    Business Administration         70
 Widjaja         Male                                                     Has more than 40 years of experience in the
                                    University of Concordia,
                                                                          property business and has succeeded in making
                                    Montreal, Canada.
                                                                          the Company the leading property company in
                                                                          Indonesia.




                                                                                          2024 ANNUAL REPORT          151
Page 152
      Governansi Perusahaan




  Nama               Gender      Pendidikan                        Usia   Catatan
  Name               Gender      Education                         Age    Note

                                  Sarjana Teknik Sipil, Jurusan
                                  Jalan Raya
                                  Bachelor’s Degree in Civil
                                  Engineering Department of
                                  Highway Major                           Berpengalaman lebih dari 35 tahun di
  Franciscus                      Bandung Institute of                    bidang teknik dan perencanaan properti,
                     Laki-laki    Technology.                             pengembangan bisnis serta manajemen.
  Xaverius           Male
                                                                    71
                                                                          Has more than 35 years of experience in
  R.D.                            Sarjana Teknik Sipil,                   engineering and property planning, business
                                  Bachelor’s degree in Civil              development and management.
                                  Engineering
                                  Parahyangan Catholic
                                  University, Parahyangan,
                                  Bandung.


                                 Doktor bidang Ilmu Ekonomi               Berpengalaman lebih dari 50 tahun di bidang
  Prof. DR.                      Doctorate in Economy                     keuangan       dan   akuntansi,   manajemen,
                     Laki-laki   Airlangga University,                    kepatuhan dan aktif di dunia akademisi.
  Teddy              Male        Surabaya, Indonesia (in
                                                                    89
                                                                          Has more than 50 years of experience in finance,
  Pawitra                        cooperation with Erasmus                 accounting, management, compliance and
                                 University, Rotterdam).                  active in the academic world.



  Prof. DR.                      Doktor Filsafat, Sekolah                 Berpengalaman lebih dari 50 tahun di bidang
  Susiyati                       Kebijakan Publik                         keuangan       dan   akuntansi,   manajemen,
                     Perempuan   Doctor of Philosophy, School             kepatuhan dan aktif di dunia akademisi.
  Bambang            Female      of Public Policy
                                                                    78
                                                                          Has more than 50 years of experience in finance,
  Hirawan                        University of Birmingham,                accounting, management, compliance and
  [ACGS (B).D.1.1]               England                                  active in the academic world.




 Tugas dan Tanggung Jawab                                         Duties and Responsibilities
 [SEOJK 2.g.3.a] [ACGS D.1.3]
 Piagam BOC mengatur bahwa BOC bertugas                           The Charter for the BOC regulates that the
 melakukan pengawasan dan bertanggung                             BOC was tasked with supervising and being
 jawab atas pengawasan terhadap kebijakan                         responsible supervising management policies,
 pengurusan,      jalannya  pengurusan pada                       the overall management direction concerning
 umumnya, baik mengenai Perusahaan maupun                         both the Company and its business operations
 usaha Perusahaan dan memberikan nasihat                          and providing advice to the Directors. The BOC
 kepada Direksi. Dalam pelaksanaannya, BOC                        is required to act independently in fulfilling its
 wajib bersikap independen.                                       obligations.

 Di dalam melaksanakan tugasnya, 3 (tiga) orang                   In carrying out the said duties, 3 (three) members
 anggota BOC secara bersama-sama berhak dan                       of the BOC jointly have the right and authority to
 berwenang bertindak untuk dan atas nama BOC                      act for and on behalf of the BOC and to represent
 serta mewakili Perusahaan. [ACGS D.1.2]                          the Company.

 Sebagaimana yang diatur dalam AD Perusahaan,                     As outlined in the Company’s AoA, scope which
 ruang lingkup yang memerlukan persetujuan                        required approval from BOC, among others:
 BOC [PUGKI 1.3.2] antara lain:
 a. Rencana kerja yang memuat juga anggaran                       a. The Company’s annual work and budget plan;
    tahunan Perusahaan; dan                                          and
 b. Pengelolaan dana cadangan wajib.                              b. The mandatory reserve fund management.

 Agar pelaksanaan pengawasan berjalan lancar,                     For the supervisory responsibilities to perform
 BOC wajib:                                                       well, the BOC must:
 1. Menyelenggarakan RUPS Tahunan dan RUPS                        1. Organize Annual GMS and other GMS in
    lainnya sesuai kewenangannya sebagaimana                         accordance with their authority as stipulated
    diatur dalam perundang-undangan dan AD                           in the legislation and the Company’s AoA.
    Perusahaan.



152      LAPORAN TAHUNAN 2024
Page 153
   Corporate Governance                                                           PT Duta Pertiwi Tbk



2. Membentuk komite-komite yang diketuai                 2. Establish    committees    chaired    by   an
   oleh Komisaris Independen termasuk Komite                Independent        Commissioner     including
   Audit dan NRC serta komite lainnya yang                  the Audit Committee and NRC and other
   mendukung efektivitas pelaksanaan tugas dan              committees to support the effectiveness
   tanggung jawabnya. BOC wajib memastikan                  of the implementation of BOC’s tasks and
   bahwa Komite-komite yang telah dibentuk                  responsibilities. The BOC must ensure that all
   menjalankan tugasnya secara efektif. BOC                 committees implement their tasks effectively.
   wajib melakukan evaluasi terhadap kinerja                The BOC is required to conduct an evaluation
   komite yang membantu pelaksanaan tugas                   of the performance of the committees that
   dan tanggung jawabnya setiap akhir tahun                 support the implementation of their duties
   buku.                                                    and responsibilities every end of the fiscal
                                                            year.
3. Meningkatkan      kompetensi        anggota-          3. Improve the competence of its members
   anggotanya melalui pendidikan dan pelatihan              through continuous education and training,
   secara terus menerus, memahami peraturan                 be familiar with regulations and have general
   dan memiliki pengetahuan umum terkait                    knowledge related to the economy and
   perekonomian dan industri properti.                      property industry.

Sebagaimana yang diatur dalam Piagam BOC,                As outlined in the BOC Charter, the BOC is
BOC diberi kewenangan untuk mengakses semua              authorized to access all Company’s data that are
data Perusahaan yang dianggap perlu [PUGKI 3.2.1],       deemed necessary, have direct communication
berkomunikasi secara langsung dengan semua               to all parties including the Directors, as well as to
pihak termasuk Direksi, serta melibatkan pihak           engage independent parties outside of the BOC.
independen di luar BOC. [PUGKI 1.3.13] [PUGKI 3.2.1.1]


Independensi Dewan Komisaris                             Independence of Board of Commissioners
BOC wajib melaksanakan tugasnya secara                   The BOC must fulfill its responsibilities
independen     untuk    memastikan      bahwa            independently to ensure that the Company
Perusahaan melindungi kepentingan semua                  protects the interests of all shareholders equally
pemegang saham secara setara dan mekanisme               and the oversight mechanisms to the Company’s
pengawasan aktivitas Perusahaan berjalan secara          activities operate function effectively and adhere
efektif dan memenuhi ketentuan yang berlaku.             to relevant regulations.


Komisaris  Independen     dan   Pernyataan               Independent Commissioner and Statement of
Independensi Komisaris Independen                        Independence by Independent Commissioner
[SEOJK 2.e.10.h]
Perusahaan    memiliki      2    (dua) Komisaris         The Company has 2 (two) Independent
Independen, dari total 4 (empat) anggota BOC,            Commissioners, out of the total 4 (four) members
yang mana telah sesuai persyaratan pencatatan            of the BOC, which is in accordance with the BEI
BEI setidaknya 30% (tiga puluh persen) dari              listing requirements, at least 30% (thirty percent)
anggota BOC wajib merupakan Komisaris                    of the BOC members must be Independent
Independen. [ACGS D.2.4] [PUGKI 2.1.7]                   Commissioners.

Komisaris Independen adalah anggota BOC                  Independent Commissioners are members of
yang tidak terafiliasi dengan anggota Direksi,           the BOC who are not affiliated with members
BOC lainnya dan pemegang saham pengendali,               of the Directors, other BOC’s and controlling
serta bebas dari hubungan bisnis atau                    shareholders and is free from business
hubungan lainnya yang dapat mempengaruhi                 relationships or other relationships that could
kemampuannya untuk bertindak independen                  affect their ability to act independently or solely
atau bertindak semata-mata untuk kepentingan             in the interest of the Company.
Perusahaan.

Selain tugas dan fungsi pengawasan terhadap              In addition to the duties and functions of
jalannya operasional Perusahaan secara umum              supervising the general operations of the
dan memastikan kepatuhan terhadap peraturan              Company and ensuring compliance with
dan perundangan yang berlaku, Komisaris                  applicable legislations and regulations, the


                                                                                 2024 ANNUAL REPORT         153
Page 154
      Governansi Perusahaan




 Independen juga mempunyai tanggung jawab                  Independent Commissioner also has a special
 khusus yaitu mewakili kepentingan pemegang                responsibility to represent the interests of the
 saham minoritas. [PUGKI 1.3.12.2]                         Company’s minority shareholders.

 Komisaris Independen, dengan mengacu pada                 Independent Commissioners with reference to
 kriteria peraturan perundangan yang berlaku,              the criteria of applicable laws and regulations,
 dalam hal ini yaitu POJK No.33, sebagaimana               in this circumstance the POJK No.33, as also
 diatur juga dalam AD Perusahaan, harus                    stipulated in the Company’s AoA, must meet the
 memenuhi kriteria di bawah ini:                           following criteria:
 a. Bukan merupakan orang yang bekerja atau                a. Not an individual who works or has the
     mempunyai wewenang dan tanggung                           authority    and   responsibility to  plan,
     jawab untuk merencanakan, memimpin,                       lead, control or supervise the Company’s
     mengendalikan atau mengawasi kegiatan                     activities within 6 (six) months, except
     Perusahaan dalam waktu 6 (enam) bulan                     for re-appointment as an Independent
     terakhir, kecuali untuk pengangkatan kembali              Commissioners of the Company in the
     sebagai Komisaris Independen Perusahaan                   following period;
     pada periode berikutnya;
 b. Tidak mempunyai saham baik langsung                    b. Does not hold shares either directly or
     maupun tidak langsung pada Perusahaan;                   indirectly in the Company;
 c. Tidak mempunyai hubungan afiliasi dengan               c. Has no affiliation with the Company, BOC
     Perusahaan, anggota BOC, anggota Direksi                 member, members of the Directors or
     ataupun pemegang saham Perusahaan; dan                   shareholders of the Company; and
 d. Tidak mempunyai hubungan usaha baik                    d. Does not have a business relationship, either
     langsung maupun tidak langsung yang                      directly or indirectly, related to the Company’s
     berkaitan dengan kegiatan usaha Perusahaan.              business activities.

 Komisaris Independen yang telah menjabat                  Independent Commissioners who have served for
 selama 2 (dua) periode masa jabatan dapat                 2 (two) terms of office can be reappointed in the
 diangkat kembali pada periode selanjutnya                 following period as long as the person concerned
 sepanjang yang bersangkutan meyatakan                     declares that he or she remains independent
 dirinya tetap independen kepada RUPS. Semua               to the GMS. Each Independent Commissioner
 Komisaris    Independen         Perusahaan  telah         has declared its independence periodically, by
 menyatakan independensinya secara berkala,                signing a statement of independence.
 dengan menandatangani surat pernyataan
 independensi. [SEOJK 2.e.10.h] [ACGS D.2.5]


 Rapat [SEOJK 2.g.3.c]                                     Meetings
 Rapat BOC wajib diadakan sekurang-kurangnya 1             Meetings of the BOC are held at least 1 (once)
 (satu) kali setiap 2 (dua) bulan [ACGS D.3.2] dan rapat   every 2 (two) months and a joint meeting with the
 gabungan dengan Direksi sekurang-kurangnya 1              Directors at least 1 (once) every 4 (four) months.
 (satu) kali setiap 4 (empat) bulan. Panggilan rapat       Calls for BOC meetings are made by 3 (three)
 BOC dilakukan oleh 3 (tiga) orang anggota BOC.            Commissioners. The BOC has set scheduled
 BOC telah menetapkan jadwal Rapat BOC tahun               meetings of the BOC for the year as of the end of
 berjalan pada akhir tahun buku sebelumnya.                the previous year.

 Rapat BOC dipimpin oleh Presiden Komisaris atau           Meetings of the BOC are chaired by the President
 diketuai oleh salah seorang anggota BOC yang              Commissioner, and meeting materials should
 dipilih oleh dan dari anggota BOC yang hadir              have been submitted to the participants at least
 dalam Rapat tersebut. Bahan rapat tersebut telah          5 (five) days before it is held.
 disampaikan paling lambat 5 (lima) hari sebelum
 penyelenggaraan. [ACGS D.3.6]

 Keputusan rapat hanya sah dan dapat mengambil             Meeting resolutions are only valid and can make
 keputusan-keputusan yang mengikat apabila                 binding decisions if more than ½ (one half) of
 lebih dari ½ (satu perdua) bagian Direksi yang hadir      the BOC are present and/or represented in the
 dan/atau diwakili dalam rapat. Keputusan rapat            meeting. Decisions in the meeting must be made
 diambil atas musyawarah untuk mufakat. Bila               based on deliberation to reach a consensus.


154      LAPORAN TAHUNAN 2024
Page 155
      Corporate Governance                                                                      PT Duta Pertiwi Tbk



mufakat tidak dapat tercapai, maka pengambilan                     In the event that it is impossible to attain, the
keputusan didasarkan dengan pemungutan                             decision making shall be based on affirmative
suara setuju lebih dari ½ (satu perdua) bagian                     votes, which shall be more than half of the total
dari jumlah suara yang dikeluarkan dengan sah                      votes validly cast in the meeting.
dalam Rapat tersebut.

Piagam BOC mengatur ketentuan salah satu                           The BOC Charter stipulates that in any condition
anggota BOC yang secara pribadi dengan                             that one of the members of the BOC has any
cara apapun baik secara langsung maupun                            personal conflict of interest—whether direct or
secara tidak langsung mempunyai benturan                           indirect—related to any of the Meeting agendas,
kepentingan dengan salah satu agenda Rapat,                        that member is not entitled to participate in
maka anggota BOC tersebut tidak berhak untuk                       voting on that specific agenda.
ikut dalam pengambilan suara pada agenda
tersebut. [ACGS A.8.2] [ACGS App.B.4.1]

Sepanjang tahun 2024, BOC telah melaksanakan                       Throughout 2024, the BOC held 6 (six) Internal
rapat sebanyak 6 (enam) kali Rapat Internal BOC                    Directors Meetings, 4 (four) Joint Meetings with
dan 4 (empat) Rapat Gabungan dengan BOC dan                        the BOC and 1 (one) AGMS with the following
1 kali RUPST, dengan catatan kehadiran sebagai                     attendance record:
berikut:


                                                                 Rapat Gabungan Direksi dan BOC
                                  Rapat BOC (6 Rapat)                          (4 rapat)
                             The BOC Meeting (6 Meetings)         Joint Meeting of Directors and BOC
                               [SEOJK 2.g.3.c] [ACGS D.3.3]                  (4 meetings)
                                    [ACGS App D.2.6]                  [SEOJK 2.g.3.c] [ACGS D.3.3]        Kehadiran dalam
     Nama                                                                 [ACGS App D.2.6]                     RUPST
     Name                                                                                                Attendance in AGMS
                                Jumlah          Persentase            Jumlah           Persentase            [ACGS A.2.7]
                              Kehadiran        Kehadiran (%)        Kehadiran         Kehadiran (%)
                              Number of         Attendance          Number of          Attendance
                              Attendance       Percentage (%)       Attendance        Percentage (%)



     Muktar Widjaja                6                100%                 4                 100%                    *)


     Franciscus                                                                                                 Hadir
                                   6                100%                 4                 100%
     Xaverius R.D.                                                                                             Present

     Prof. DR. Teddy                                                                                            Hadir
                                   6                100%                 4                 100%
     Pawitra                                                                                                   Present

     Prof. DR. Susiyati                                                                                         Hadir
                                   6                100%                 4                 100%
     Bambang Hirawan                                                                                           Present


*)    Berhalangan hadir karena menghadiri pertemuan yang tidak dapat diwakilkan.
      Unable to attend the meeting due to prior important commitments that prohibited representation through a proxy.




Program      Orientasi     dan   Pengembangan                      Orientation and Competency Development
Kompetensi [SEOJK 2.g.3.d]                                         Programs
Perusahaan belum memiliki program pengenalan                       The Company does not have an induction program
bagi anggota BOC yang baru diangkat. Namun                         for newly appointed members of the BOC.
demikian, jika terdapat pengangkatan anggota                       However, in the event of a new member of BOC
BOC yang baru, Perusahaan menyediakan informasi                    appointment, the Company will ensure they receive
yang cukup terkait kegiatan usaha Perusahaan dan                   comprehensive details about the Company’s
penjelasan mengenai tugas dan tanggung jawab                       business activity, along with an overview of the
BOC. [ACGS D.5.1]                                                  BOC’s roles and responsibilities.

Berdasarkan Piagam BOC, anggota BOC harus                          According to the Charter for the BOC, it is
selalu meningkatkan kompetensi yang menunjang                      imperative for members of the BOC to continuously


                                                                                               2024 ANNUAL REPORT             155
Page 156
      Governansi Perusahaan




 pelaksanaan tugasnya melalui partisipasi di dalam            enhance their competencies to effectively fulfill
 pelatihan dan program-program pengembangan                   their responsibilities by engaging in training and
 lainnya. [ACGS D.5.2] [PUGKI 1.7.1]                          developmental initiatives.

 Program pelatihan dan pengembangan yang                      The training and development programs that the
 diikuti oleh BOC pada tahun 2024 adalah sebagai              BOC participated in during 2024 are as follows:
 berikut: [SEOJK 2.g.3.d.2] [PUGKI 1.7.1.2]


                                                                                                      Pelaksana
  Nama               Topik                                           Tanggal             Tempat
                                                                                                      Provider/
  Name               Subject                                         Date                 Venue
                                                                                                      Facilitator


  Franciscus         Digital Day 2024: Stronger Together Towards
                                                                     27   September      BSD City     Inhouse
  Xaverius R.D.      Golden Indonesia 2045

                                                                                                      ILUNI PPIM
                     Indonesia Management Summit 2024                26        April     Jakarta      FEB Universitas
                                                                                                      Indonesia
                                                                                                      PPIM FEB
                                                                                                      Universitas
  Prof. DR.          Null Hypothesis Significance Testing (NHST)     25                FEB UI Depok   Indonesia &
                                                                                                      Marketing Science
  Teddy                                                                   September
                                                                                                      Institute
  Pawitra            Digital Day 2024:
                     Stronger Together Towards Golden Indonesia      27                  BSD City     Inhouse
                     2045
                     Climate Reporting in the Financial Statements   14   November       Jakarta      KPMG

                     Digital Day 2024:
  Prof. DR.
                     Stronger Together Towards Golden Indonesia      27   September      BSD City     Inhouse
  Susiyati           2045
  Bambang
  Hirawan            Climate Reporting in the Financial Statements   14   November       Jakarta      KPMG




 Penilaian Kinerja Direksi                                    Performance Assessment of the Directors
 [SEOJK 2.g.3.e] [ACGS D.5.5]
 Penilaian kinerja Direksi dilakukan melalui                  The evaluation of the Directors’ performance is
 mekanisme RUPST Perusahaan, yang mana                        conducted during the AGMS, where shareholders
 para pemegang saham menilai kinerja Direksi                  assess the Directors based on the performance
 berdasarkan laporan kinerja Direksi yang                     report presented to them.
 dilaporkan kepada pemegang saham.

 Penilaian didasarkan pada laporan kinerja Direksi            The assessment relies on the performance
 yang disampaikan pada RUPS. Berdasarkan                      report of the Directors presented to the GMS.
 laporan tersebut, pemegang saham melakukan                   Subsequently, the shareholders will assess the
 penilaian terhadap kinerja Direksi selama tahun              Directors’ performance for the ongoing year
 buku berjalan.                                               based on this report.

 Pada tahun 2024, BOC melalui NRC Perusahaan                  In 2024, the BOC through the Company’s NRC
 melakukan evaluasi atas kinerja Direktur Utama               conducted an evaluation of the President
 dan anggota Direksi lainnya beserta fokus area               Director and the others member of the Directors’
 [ACGS D.5.6] [PUGKI 1.2.1], yang mana penilaian kinerja      performance and adjustments based on specific
 dilakukan secara 2 (dua) arah: penilaian mandiri             areas of focus. The evaluation process consisted
 (self-assessment) [PUGKI 1.2.1.1] dan evaluasi oleh          in 2 (two) ways: self-assessment and assessment
 NRC. Termasuk di dalam indikator evaluasi kinerja            by NRC. The evaluation criteria for the Directors
 Direksi adalah [PUGKI 1.2.2]:                                included:
 a. Fokus Area Keuangan: pencapaian target                    a. Finance Area Focus: the achievement of the
     keuangan Perusahaan;                                        Company’s financial target;
 b. Fokus Area Kemitraan Strategis: kemampuan                 b. Strategic Partnership Area Focus: the ability
     Perusahaan untuk dapat melakukan ko-kreasi                  of the Company to co-create the innovative
     atas produk dan jasa inovatif;                              products or services;



156      LAPORAN TAHUNAN 2024
Page 157
    Corporate Governance                                                     PT Duta Pertiwi Tbk



c. Fokus Area Indeks Produktivitas: rasio           c. Productivity Index Area Focus: ratio of the
   pendapatan per jumlah karyawan;                     revenue per the number of employees;
d. Fokus     Area     Pengembangan       Talenta:   d. Talent Development Program Area Focus:
   penyelesaian      Individual   Development          the completion of Individual Development
   Program berdasarkan Analisis Kebutuhan              Program based on Development Need Analysis
   Pengembangan dalam bidang properti,                 in property, leadership and business strategy;
   kepemimpinan dan strategi bisnis; dan               and
e. Fokus Area Penempatan Sumber Daya                e. Manpower Fulfillment Area Focus: ratio of
   Manusia: rasio karyawan yang diterima               hired employee to the approved manpower
   terhadap rencana sumber daya manusia yang           planning to achieve the desired goal.
   telah disetujui untuk mencapai tujuan-tujuan
   yang diinginkan.

Selain melakukan evaluasi melalui indikator         Alongside assessing performance indicators,
kinerja, evaluasi terhadap peningkatan kompetensi   evaluating competency enhancements and
dan kehadiran dalam rapat, BOC melalui NRC          attendance at meetings, the BOC through the
menetapkan masing-masing anggota Direksi telah      NRC, has concluded that each member of the
bekerja dengan baik selama tahun buku 2024.         Directors has performed effectively throughout
                                                    the 2024 financial year.

Penilaian Kinerja Komite Audit                      Performance Assessment of the Audit
[SEOJK 2.g.3.f] [ACGS D.5.7] [PUGKI 1.5.1]          Committee
BOC telah membentuk Komite Audit untuk              BOC has instituted the Audit Committee to
membantu melakukan pengawasan terhadap              effective and efficiently aid in overseeing the
pengendalian internal yang efektif dan efisien.     internal controls.

Kinerja Komite diukur dari pelaksanaan semua        The performance of the Committee is evaluated
rencana kerja dan anggaran yang telah ditetapkan    based on the execution of all work plans and
di awal tahun bersama dengan BOC, peningkatan       budgets established collaboratively with the BOC
kompetensi dan kehadiran dalam rapat.               at the commencement of the year, competency
                                                    enhancements and attendance at meetings.

Setelah melakukan evaluasi terhadap proses kerja    Upon evaluating the work processes and outcomes
dan hasil dari Komite Audit selama tahun 2024,      of the Audit Committee in 2024, the BOC concludes
maka BOC menetapkan bahwa Komite Audit telah        that the Audit Committee has effectively fulfilled
bekerja dengan baik sesuai dengan tugas dan         its designated responsibilities and obligations.
fungsi yang ditetapkan.

Penilaian Kinerja Komite Nominasi dan               Performance Assessment of the Nomination
Remunerasi (NRC) [SEOJK 2.g.3.f] [ACGS D.5.7]       and Remuneration Committee (NRC)
[PUGKI 1.5.1]
BOC telah membentuk NRC untuk memberikan            The BOC has instituted NRC to provide unbiased
rekomendasi-rekomendasi terkait nominasi dan        and professional recommendations on the
remunerasi anggota Direksi dan BOC secara           appointment and remuneration of members
independen, profesional, sesuai standar industri    of the Directors and BOC, in accordance with
serta  dengan     memperhatikan      kebutuhan      industry standards and the Company’s policies.
Perusahaan.

Kinerja Komite diukur dari pelaksanaan semua        The performance of the Committee is evaluated
rencana kerja dan anggaran yang telah ditetapkan    based on the execution of all work plans and
di awal tahun bersama dengan BOC, peningkatan       budgets established collaboratively with the BOC
kompetensi dan kehadiran dalam rapat.               at the commencement of the year, competency
                                                    enhancements and attendance at meetings.

Setelah melakukan evaluasi terhadap proses          After evaluating the work processes and
kerja dan hasil dari NRC selama tahun 2024, BOC     outcomes of the NRC in 2024, the BOC concludes
menetapkan bahwa NRC telah bekerja dengan baik      that the NRC has effectively fulfilled its designated
sesuai dengan tugas dan fungsi yang ditetapkan.     responsibilities and obligations.


                                                                            2024 ANNUAL REPORT         157
Page 158
       Governansi Perusahaan




 NOMINASI DAN REMUNERASI
 DIREKSI DAN DEWAN KOMISARIS
 Nomination and Remuneration of the Directors and the
 Board of Commissioners

 Pengangkatan, pemberhentian serta penetapan                             The appointment, dismissal and determination
 remunerasi anggota Direksi dan BOC adalah                               of remuneration for members of the Directors
 wewenang para pemegang saham melalui                                    and BOC fall under the authority of shareholders
 RUPS. Agar pemegang saham mendapatkan                                   through the GMS. To ensure shareholders secure
 kandidat terbaik dan memberikan remunerasi                              top-tier candidates and offer remuneration that
 yang mampu mengoptimalkan kinerja anggota                               maximizes the performance of the members
 Direksi dan BOC, maka proses nominasi dan                               of Directors and BOC, the nomination and
 remunerasi anggota Direksi dan BOC dilakukan                            remuneration processes are overseen by the
 oleh BOC yang dibantu Komite Nominasi dan                               BOC with support from the Nomination and
 Remunerasi (NRC).                                                       Remuneration Committee (NRC).

 Prosedur Nominasi                                                       Nomination Procedure
 [SEOJK 2.g.4.a] [ACGS D.3.9] [ACGS D.3.10] [ACGS (B).D.2.2]
 [PUGKI 1.3.3]
 Proses pemilihan anggota Direksi dan BOC                                The process of selecting members of the
 secara berkesinambungan dilakukan oleh NRC                              Directors and BOC is an ongoing task overseen
 untuk mendapatkan kandidat-kandidat yang                                by the NRC to ensure that candidates align with
 sesuai dengan kebutuhan Perusahaan. Proses                              the Company’s requirements. This procedure is
 ini dilaksanakan baik karena periode pengurusan                         essential as it coincides with the conclusion of
 yang akan berakhir maupun karena adanya                                 management terms, also the necessity for new
 kebutuhan penambahan anggota baru dan/atau                              appointments due to additions or resignations
 pengunduran diri salah satu anggota.                                    within the current membership.

 Berikut adalah kriteria dasar yang digunakan NRC                        The criteria outlined below are fundamental to
 untuk proses nominasi, sesuai dengan Piagam                             the NRC’s nomination process, aligning with the
 Direksi dan Piagam BOC. [PUGKI 2.1.5]                                   Directors’ Charter and the BOC’s Charter.


                                                                                                         Direksi
      Kriteria [PUGKI 2.1.2]                              Criteria                                                   BOC
                                                                                                         Directors


      Mempunyai akhlak, moral dan integritas yang baik.   Have a good character, morale and integrity.      √        √

      Cakap melakukan perbuatan hukum.                    Able to perform legal acts.                       √        √

      Dalam 5 (lima) tahun sebelum pengangkatan:          In 5 (five) years before appointment:             √        √

 1.     Tidak pernah dinyatakan pailit.                   Never been declared bankrupt.                     √        √

 2.     Tidak pernah dihukum karena melakukan tindak      Never been convicted of a criminal offense
        pidana yang merugikan keuangan negara dan/        that harms the country financial and/or           √        √
        atau yang berkaitan dengan sektor keuangan.       related to the financial sector.


 3.     Tidak pernah menjadi anggota Direksi dan/atau     Never being a member of Directors and or          √        √
        anggota BOC yang:                                 BOC that during the services:

        a.   Dinyatakan bersalah menyebabkan suatu        a.   Convicted guilty causing the bankruptcy      √        √
             perusahaan dinyatakan pailit.                     at any company.




158          LAPORAN TAHUNAN 2024
Page 159
   Corporate Governance                                                                             PT Duta Pertiwi Tbk




   b.   Pernah tidak   menyelenggarakan      RUPS   b.   Have not organized an Annual GMS.                √          √
        tahunan.

   c.   Pertanggungjawabannya   pernah  tidak       c.   His/her responsibility was not accepted
        diterima oleh RUPS atau pernah tidak             by the GMS or have not declared                  √          √
        memberikan pertanggungjawaban kepada             responsibility to the GMS.
        RUPS.

   d.   Pernah menyebabkan perusahaan yang          d.   Have caused a company that obtained
        memperoleh      izin, persetujuan,  atau         a license, approval or registration from
        pendaftaran dari OJK tidak memenuhi              the OJK not meet the obligation to               √          √
        kewajiban menyampaikan laporan tahunan           deliver annual report and/or financial
        dan/atau laporan keuangan kepada OJK.            statements to the OJK.

Memiliki komitmen untuk mematuhi peraturan          Have a commitment to comply with the                  √          √
perundang-undangan.                                 prevailing law and regulation.

Memiliki pengetahuan dan/atau keahlian di bidang    Have knowledge and/or skills needed by the            √          √
yang dibutuhkan Perusahaan.                         Company.

Memiliki wawasan tertentu yang sesuai dengan        Have insights that fit the Company’s current
kebutuhan strategis Perusahaan kini dan masa        and future strategic needs.                           √          √
depan. [ACGS (B).D.2.2]

Memiliki   komitmen     terhadap   kinerja    dan   Have commitment to the performance and                √          √
keberlanjutan Perusahaan.                           sustainability of the Company.

Memiliki kemampuan adaptasi dengan budaya dan Have the ability to adapt to the Corporate                  √          √
governansi Perusahaan.                        culture and governance.



Lebih lanjut, sesuai diskusi bersama Direksi                       Moreover, following deliberations among the
dan BOC, NRC juga akan mempertimbangkan                            Directors and the BOC, the NRC will evaluate
keberagaman komposisi Direksi dan BOC.                             the diversity within the composition of both the
Semua kandidat yang dinilai layak dan tepat akan                   Directors and the BOC. Subsequently, all qualified
diajukan kepada BOC untuk ditentukan pilihan                       candidates will be presented to the BOC for the
akhir serta diajukan dan ditetapkan melalui                        final selection process, which will be further
mekanisme RUPS. [ACGS (B.D.1.2]                                    submitted and determined through the GMS.

Kebijakan Suksesi Direksi [ACGS D.5.3] [PUGKI 1.3.3]               Directors Succession Policy
Sampai saat ini, Perusahaan belum memiliki                         To date, the Company does not have a policy
kebijakan mengenai suksesi Direksi. Namun,                         regarding the succession of the Directors.
BOC, dengan dibantu oleh NRC memastikan                            However, the BOC, assisted by the NRC
adanya rencana suksesi yang jelas dan memadai,                     guarantees the implementation of a well-
disertai proses pemberian jenjang karir, pelatihan,                defined succession strategy, along with career
pengembangan, pemberian motivasi bagi                              advancement opportunities, training initiatives,
anggota Direksi berikut para eksekutifnya.                         professional development and motivation for
                                                                   both Directors and its executives.

Perusahaan memberikan kesempatan yang                              The Company provides equal opportunities for
sama kepada setiap karyawan untuk mengisi                          all employees to advance to higher positions,
jabatan yang lebih tinggi sampai dengan Direksi.                   including up to directorial roles. This commitment
Hal ini dinyatakan secara jelas pada Peraturan                     is explicitly outlined in the Company Regulations,
Perusahaan yang telah diketahui oleh setiap                        which all employees are familiar with and have
karyawan. Kenaikan jabatan didasarkan kepada                       consented to. Promotions are determined by
formasi dan kebutuhan Perusahaan, kompetensi                       the Company’s structure and requirements, as
dan potensi karyawan, serta prestasi kinerja                       well as by evaluating employees’ competencies,
karyawan. Agar kesempatan promosi tetap                            potentials and performance achievements. To
terbuka di dalam dinamika organisasi, karyawan                     sustain a culture of open promotion opportunities
dapat mengikuti mutasi maupun pelatihan                            within the organization, employees may undergo
dan pengembangan sesuai dengan kebutuhan                           transfers or receive training and development
jabatan    yang     berpotensi    meningkatkan                     tailored to enhance their skills and capabilities.
kemampuan kerja dan kapabilitasnya.

Pembinaan menuju suksesi Direksi yang lancar                       Coaching to facilitate a seamless transition
juga didukung oleh Career Studio yang dirancang                    of Directors is further reinforced by the Career
khusus untuk mempercepat kematangan para                           Studio, specifically tailored to expedite the


                                                                                                    2024 ANNUAL REPORT    159
Page 160
      Governansi Perusahaan




 calon pemimpin. Career Studio akan berfungsi                      development of future leaders. The Career Studio
 sebagai batu loncatan untuk “The Company’s                        serves as a stepping stone for grooming “The
 Next Man Up”. Lebih rinci tentang Career Studio                   Company’s Next Man Up.” For a comprehensive
 dapat dilihat pada bagian Sumber Daya Manusia                     insight into the Career Studio, please refer to the
 bab Profil Perusahaan di halaman 66 Laporan                       Human Capital section of the Company Profile
 Tahunan ini.                                                      chapter on page 66 in this Annual Report.

 Prosedur Remunerasi Direksi                                       The Directors Remuneration Procedure
 [SEOJK 2.g.4.b] [ACGS D.5.6] [PUGKI 1.2.1] [PUGKI 1.2.2]
 [PUGKI 1.3.5] [PUGKI 2.2.1]                                       The responsibility for determining Directors’
 Penetapan remunerasi Direksi merupakan                            remuneration lies with the GMS, a duty that has
 kewenangan RUPS yang telah dilimpahkan                            been delegated to the BOC. Functionally, the
 kepada BOC. Di dalam praktiknya, NRC akan                         NRC will provide recommendations to the BOC
 memberikan rekomendasi kepada BOC sesuai                          based on the Directors’ performance evaluations.
 dengan penilaian kinerja Direksi. [SEOJK 2.g.4.b (1)]

 Proses Penilaian kinerja Direksi dilakukan setiap                 The performance assessment of Directors is an
 tahun dan dilakukan secara 2 (dua) arah: penilaian                annual process that is conducted in two ways:
 mandiri (self- assessment) dan evaluasi oleh NRC.                 self-assessment and evaluation by the NRC. For
 Secara detil indikator evaluasi kinerja Direksi                   a comprehensive breakdown of the performance
 dapat dibaca pada halaman 156-157 Laporan                         evaluation criteria for the Directors, please refer
 Tahunan ini.                                                      to page 156-157 of this Annual Report.

 Prosedur Remunerasi BOC                                           The BOC Remuneration Procedure
 [SEOJK 2.g.4.b] [ACGS D.5.5]
 Remunerasi     BOC     dilakukan        oleh    RUPS              BOC remuneration is determined by the GMS
 berdasarkan       laporan           kinerja     BOC.              using the BOC performance report as a basis. The
 Kriteria penilaian yang digunakan adalah                          assessment criteria employed include the BOC
 laporan   pelaksanaan       kinerja      BOC     yang             performance implementation report, which was
 dipertanggungjawabkan dalam RUPST. Melalui                        reviewed during the AGMS. This report enables
 laporan tersebut pemegang saham melakukan                         shareholders to assess the BOC’s performance in
 penilaian terhadap kinerja BOC selama tahun                       the current fiscal year.
 buku berjalan. [SEOJK 2.g.4.b (1)] [ACGS D.5.5]

 BOC melalui NRC dalam pelaksanaan evaluasi                        The BOC through the NRC in conducting
 kinerja dan fokus area untuk anggota BOC, yang                    performance evaluations and area focus of the
 mana penilaian kinerja dilakukan 2 (dua) arah                     BOC was conducted in two ways namely self-
 yakni penilaian diri sendiri (self-assessment)                    assessment and evaluation by the NRC. The
 [PUGKI 1.5.1.1] dan evaluasi oleh NRC. Kebijakan                  self-assessment method is determined together
 metode penilaian ditentukan bersama di awal                       at the beginning of the year, that is specific,
 tahun dan bersifat spesifik, terukur, dapat dicapai               measurable, achievable and relevant. Included
 dan relevan. Termasuk di dalam indikator evaluasi                 in the BOC performance evaluation indicators is
 kinerja BOC adalah fungsi pengawasan terhadap                     the supervisory function of the Directors:
 Direksi atas: [ACGS D.5.5] [PUGKI 1.5.1.2]
 a. Fokus Area Keuangan;                                           a. Finance Area Focus;
 b. Fokus Area Kemitraan Strategis;                                b. Strategic Partnership Area Focus;
 c. Fokus Area Indeks Produktivitas;                               c. Productivity Index Area Focus;
 d. Fokus Area Pengembangan Talenta; dan                           d. Talent Development Program Area Focus;
                                                                      and
 e. Fokus Area          Penempatan          Sumber          Daya   e. Manpower Fulfillment Area Focus
    Manusia.

 Remunerasi Direksi dan BOC                                        Directors and BOC Remuneration
 [SEOJK 2.g.4.b (2) & (3)]
 Pada tahun 2024 dan 2023, total remunerasi                        In 2024 and 2023, the total remuneration
 yang diberikan kepada BOC dan Direksi masing-                     provided to the BOC and the Directors amounted
 masing adalah sebesar Rp11,63 miliar dan Rp13,91                  to IDR11.63 billion and IDR13.91 billion, respectively.
 miliar.


160      LAPORAN TAHUNAN 2024
Page 161
    Corporate Governance                                                                PT Duta Pertiwi Tbk




KOMITE AUDIT
Audit Committee
[SEOJK 2.g.6] [ACGS D.2.18] [PUGKI 1.4.1]



BOC telah membentuk Komite Audit untuk                           The BOC has instituted an Audit Committee to
memastikan      kecukupan     dan    integritas                  oversee the sufficiency and integrity of internal
pengendalian internal, terlaksananya fungsi                      controls, implementation of good internal
audit internal dan audit eksternal yang baik                     audit and external audit functions in line with
dengan standar profesional, serta memastikan                     professional standards and to ensure the
Perusahaan patuh terhadap semua peraturan                        Company’s adhere to all pertinent regulations
dan ketentuan yang relevan bagi Perusahaan.                      and provisions.

Komite Audit telah memiliki Piagam Komite Audit                  The Audit Committee has an Audit Committee
yang telah ditetapkan oleh BOC pada tanggal 12                   Charter, initially approved by the BOC on
November 2013 dan direvisi pada 29 April 2016.                   November 12th, 2013 and subsequently revised
Piagam ini telah mengacu pada POJK No.55                         on April 29th, 2016. This charter aligns with POJK
tanggal 23 Desember 2015 tentang Pembentukan                     No.55 dated December 23rd, 2015, which outlines
dan Pedoman Pelaksanaan Kerja Komite Audit.                      the framework and guidelines for the Audit
Komite Audit melaksanakan kegiatannya dengan                     Committee’s functions. The Audit Committee
berlandaskan pada Piagam Komite Audit.                           conducted its activities based on the Audit
[ACGS D.2.21] [PUGKI 1.4.2.1]                                    Committee Charter.

Struktur dan Keanggotaan                                         Structure and Composition
Komite Audit setidak-tidaknya beranggotakan                      The Audit Committee is mandated to comprise a
3 (tiga) orang, yang terdiri dari 1 (satu) Komisaris             minimum of three (3) individuals, consisting of 1
Independen sebagai Ketua dan 2 (dua) anggota                     (one) Independent Commissioner as Chairperson
independen. [ACGS D.2.20] [PUGKI 1.4.2]                          and 2 (two) independent members.

Anggota      Komite    Audit    diangkat   dan                   Members of the Audit Committee were appointed
diberhentikan oleh BOC untuk masa jabatan                        and dismissed by the BOC for a term of office no
yang tidak lebih lama dari masa jabatan BOC.                     longer than the term of office of the BOC.

Susunan Komite Audit Perusahaan telah                            The Company’s composition of Audit Committee
dilaporkan pada RUPST tanggal 14 Juni 2022                       had been notified to the AGMS on June 14th, 2022
untuk masa jabatan sampai dengan penutupan                       for a term of office until with the closing of the
RUPST tahun 2024, dengan susunan sebagai                         AGMS in 2024 with arrangement as follows:
berikut: [SEOJK 2.g.6.f]


 Prof. DR. Susiyati Bambang
 Himawan                                    Ketua • Chairwoman

 Rusli Prakarsa
                                            Anggota • Members
 Rudiantara




Pada tahun ini tidak ada perubahan pada                          There were no changes in the composition of the
susunan Komite Audit. Berikut adalah profil dari                 Audit Committee this year. The following are the
anggota Komite Audit.                                            profiles of the members of the Audit Committee.




                                                                                        2024 ANNUAL REPORT       161
Page 162
      Governansi Perusahaan




      PROF.DR. SUSIYATI BAMBANG HIRAWAN
      Komisaris Independen dan Ketua Komite Audit
      Independent Commissioner and
      Chairwoman of the Audit Committee
      [ACGS D.2.20]

      Masa Jabatan – Serving period

                                                           2022 – 2024

      Dasar Hukum Pengangkatan – Legal Basis of Appointment

         Surat Keputusan BOC tanggal 7 Juni 2022 dan telah dilaporkan
                                      pada RUPST tanggal 14 Juni 2022
       Decree of the BOC dated June 7th, 2022 and had been informed to
                                            the AGMS on June 14th, 2022


      Menjabat Sejak – Serving Since

                                                                  2013

      Pernyataan Independensi – Statement of Independence                 Profil lengkap beliau dapat dilihat
      [SEOJK 2.g.6.g]                                                     pada Profil BOC di Laporan Tahunan ini
                                                                          halaman 63-64. – Her complete profile
                                  Telah diperbaharui pada tahun 2024      can be found on the Profile of the BOC
                                                     Renewed in 2024      of this Annual Report page 63-64.




      RUSLI PRAKARSA
      Anggota Komite Audit
      Member of Audit Committee



      Masa Jabatan – Serving period

                                                           2022 – 2024

      Dasar Hukum Pengangkatan – Legal Basis of Appointment

         Surat Keputusan BOC tanggal 7 Juni 2022 dan telah dilaporkan
                                      pada RUPST tanggal 14 Juni 2022
       Decree of the BOC dated June 7th, 2022 and had been informed to
                                            the AGMS on June 14th, 2022


      Menjabat Sejak – Serving Since

                                                                  2015

      Pernyataan Independensi – Statement of Independence
      [SEOJK 2.g.6.g]

                                  Telah diperbaharui pada tahun 2024
                                                     Renewed in 2024

      Menjabat Sejak – Serving Since

                                                                  2015

      Kewarganegaraan – Citizenship

                                                 Indonesia Indonesian




162      LAPORAN TAHUNAN 2024
Page 163
    Corporate Governance                                                                      PT Duta Pertiwi Tbk



Domisili – Domicile                                            –     Anggota Komite Audit PT SMART Tbk (2002-2010)
                                                                     Member of the Audit Committee of PT SMART Tbk (2002-
                                                   Jakarta           2010)
                                                               –     Ketua Tim Pengelola PT Bank International Indonesia
Gender                                                               (2002-2003)
                                                                     Chairman of PT Bank International Indonesia Management
                                            Laki-laki Male           Team (2002-2003)
                                                               –     Presiden Komisaris PT Bank International Indonesia (2000-
Usia – Age
                                                                     2002)
                                       83 tahun years old            President Commissioner of PT Bank International
                                                                     Indonesia (2000-2002)
Riwayat Pendidikan – Education                                 –     Wakil Presiden Komisaris PT Bank Panin (1975-1999)
                                                                     Vice President Commissioner of PT Bank Panin (1975-
                                                                     1999)
–   Sarjana Ekonomi, Jurusan Akuntansi, Universitas
                                                               –     Staf Umum Bagian Kredit Investasi Bank Indonesia (1971-
    Sumatera Utara (1969)
                                                                     1974)
    Bachelor of Economics, Accounting Faculty, University of
                                                                     General Staff of Investment Credit Section of Bank
    Northern Sumatera (1969)
                                                                     Indonesia (1971-1974)

Pengalaman Profesional – Professional Experience               Rangkap Jabatan – Concurrent Position
[ACGS D.2.22]

–   Anggota Komite Audit PT Lontar Papyrus Pulp and Paper      –     Anggota Komite Audit PT Bank Sinarmas Tbk (sejak 2015)
    Industry (2013-2015)                                             Member of the Audit Committee of PT Bank Sinarmas Tbk
    Member of the Audit Committee of PT Lontar Papyrus               (since 2015)
    Pulp and Paper Industry (2013-2015)                        –     Anggota Komite Audit PT Smartfren Telecom Tbk (sejak
–   Anggota Komite Audit PT Pindo Deli Pulp and Paper Mills          2016)
    (2013-2015)                                                      Member of the Audit Committee of PT Smartfren Telecom
    Member of the Audit Committee of PT Pindo Deli Pulp              Tbk (since 2016)
    and Paper Mills (2013-2015)                                –     Anggota Komite Audit PT Puradelta Lestari Tbk (sejak
–   Anggota Komite Audit PT Pabrik Kertas Tjiwi Kimia Tbk            2015)
    (2002-2013)                                                      Member of the Audit Committee of PT Puradelta Lestari
    Member of the Audit Committee of PT Pabrik Kertas Tjiwi          Tbk (since 2015)
    Kimia Tbk (2002-2013)                                      –     Anggota Komite Audit PT Bumi Serpong Damai Tbk (sejak
–   Anggota Komite Audit PT Indah Kiat Pulp and Paper Tbk            2015)
    (2002-2013)                                                      Member of the Audit Committee of PT Bumi Serpong
    Member of the Audit Committee of PT Indah Kiat Pulp and          Damai Tbk (since 2015)
    Paper Tbk (2002-2013)



    RUDIANTARA
    Anggota Komite Audit
    Member of Audit Committee



    Masa Jabatan – Serving period

                                                                   2022 – 2024

    Dasar Hukum Pengangkatan – Legal Basis of Appointment

       Surat Keputusan BOC tanggal 7 Juni 2022 dan telah dilaporkan
                                    pada RUPST tanggal 14 Juni 2022
     Decree of the BOC dated June 7th, 2022 and had been informed to
                                          the AGMS on June 14th, 2022


    Menjabat Sejak – Serving Since

                                                                          2021

    Pernyataan Independensi – Statement of Independence
    [SEOJK 2.g.6.g]

                                     Telah diperbaharui pada tahun 2024
                                                        Renewed in 2024



                                                                                             2024 ANNUAL REPORT            163
Page 164
      Governansi Perusahaan




 Domisili – Domicile
                                                                    –   Wakil Direktur Utama PT Semen Gresik Tbk (Persero)
                                                         Jakarta        (2006 – 2008)
                                                                        Deputy President Director of PT Semen Gresik Tbk (Persero)
 Gender                                                                 (2006-2008)
                                                                    –   Wakil Direktur Utama PT PLN (Persero) (2008 – 2009)
                                                 Laki-laki Male
                                                                        Deputy President Director of PT PLN (Persero) (2008-2009)
 Usia – Age
                                                                    Rangkap Jabatan – Concurrent Position
                                            65 tahun years old

 Riwayat Pendidikan – Education
                                                                    –   Komisaris Utama PT Elang Andalan Nusantara
                                                                        (2024 - sekarang)
 –     Master of Business Administration, PPM (1988)
                                                                        President Commissioner of PT Elang Andalan Nusantara
 –     Sarjana Statistika dari Universitas Padjadjaran (1984)
                                                                        (2024 - present)
       Bachelor of Statistics from Padjadjaran University (1984)
                                                                    –   Komisaris Utama PT Kita Bisa Indonesia (2023 - sekarang)
                                                                        President Commissioner of PT Kita Bisa Indonesia
 Pengalaman Profesional – Professional Experience                       (2023 - present)
                                                                    –   Komisaris Utama PT Amartha Nusantara Raya
 –     Menteri Komunikasi dan Informatika Republik Indonesia            (2021 - sekarang)
       (2014 – 2019)                                                    President Commissioner of PT Amartha Nusantara Raya
       Minister of Communication and Information of the Republic        (2021 - present)
       of Indonesia (2014 – 2019)                                   –   Anggota Komite Audit PT Bumi Serpong Damai Tbk
 –     Komisaris/Direktur dan Ketua Komite Audit pada                   (2021 - sekarang)
       perusahaan telekomunikasi (seluler) di PT Indosat Ooredo         Member of the Audit Committee of PT Bumi Serpong
       Tbk, PT Telkomsel, PT Telekomunikasi Indonesia Tbk dan           Damai Tbk (2021 - present)
       PT XL Axiata Tbk (1995 – 2014)                               –   Komisaris PT Indosat Ooredo Hutchison Tbk
       Commissioner/Director and Chairman of Audit Committee            Commissioner of PT Indosat Ooredo Hutchison Tbk
       in cellular telecommunications companies namely PT           –   Komisaris PT Vale Indonesia Tbk
       Indosat Ooredo Tbk, PT Telkomsel, PT Telekomunikasi              Commissioner of PT Vale Indonesia Tbk
       Indonesia Tbk and PT XL Axiata Tbk (1995 – 2014)             –   Komisaris Utama PT Rukun Raharja Tbk
                                                                        President Commissioner of PT Rukun Raharja Tbk


 Pernyataan Independensi                                            Statement of Independence
 Komite Audit memiliki komitmen untuk                               The Audit Committee is dedicated to executing
 melaksanakan tugas dan tanggung jawabnya                           its duties and responsibilities with independence
 secara   independen       dan   objektif. Untuk                    and objectivity. To ensure this, the Chairperson
 memastikan hal tersebut, Ketua Komite Audit                        of the Audit Committee is one of the Company’s
 adalah salah satu Komisaris Independen                             Independent Commissioners, while the other two
 Perusahaan [ACGS D.2.20], sementara dua anggota                    members consist of independent external parties.
 lainnya adalah pihak eksternal independen.
 [ACGS D.2.19]

 Setiap    anggota         Komite Audit telah                       Each member of the Audit Committee reaffirms
 menandatangani surat pernyataan independensi                       their independence regularly by signing an
 pada saat pengangkatannya sebagai anggota                          updated statement of independence annually.
 komite dan juga telah dimutakhirkan setiap
 tahunnya. [SEOJK 2.g.6.g]



     Uraian Pernyataan Independensi                 Description of Statement of Independence        SBH         RP         R


     Bukan merupakan orang yang bekerja             Has not worked for a KAP, Legal
     pada KAP, Kantor Konsultan Hukum,              Consultant Office, Public Appraiser Office
     Kantor Jasa Penilai Publik atau pihak          or any other party providing assurance,
     lain yang memberi jasa assurance, jasa         non-assurance, appraisal and/or other            √          √          √
     non-assurance, jasa penilai dan/atau jasa      consulting services to the Company within
     konsultasi lain pada Perusahaan dalam          the last six months.
     waktu enam bulan terakhir.




164        LAPORAN TAHUNAN 2024
Page 165
   Corporate Governance                                                               PT Duta Pertiwi Tbk



 Uraian Pernyataan Independensi         Description of Statement of Independence         SBH        RP         R


 Bukan merupakan orang yang bekerja     Is not a person who worked or had the
 atau  mempunyai       wewenang  dan    authority and responsibility to plan, lead,
 tanggung jawab untuk merencanakan,     control or supervise the activities of the
 memimpin,      mengendalikan,  atau    Company in the last six months, except for        √         √          √
 mengawasi kegiatan Perusahaan dalam    Independent Commissioners.
 waktu enam bulan terakhir, kecuali
 Komisaris Independen.

 Tidak mempunyai saham langsung         Does not own direct or indirect shares in
 maupun    tidak langsung dengan        the Company.                                      √         √          √
 Perusahaan.


 Tidak mempunyai hubungan afiliasi      Has no affiliated relationship with
 dengan anggota BOC, anggota Direksi    members of the BOC, members of
 lain maupun Pemegang Saham utama       the Directors’ or the Company’s major
                                                                                          √         √          √
 Perusahaan.                            shareholders.


 Tidak mempunyai hubungan usaha         Does not have direct or indirect business
 baik langsung maupun tidak langsung    relationships with the Company business           √         √          √
 yang berkaitan dengan kegiatan usaha   activities.
 Perusahaan.


                                  Catatan Notes | SBH : Susiyati Bambang Hirawan RP : Rusli Prakarsa R : Rudiantara




Tugas dan Tanggung Jawab                                 Duties and Responsibilities
Piagam Komite Audit mengatur tugas dan                   The Charter for the Audit Committee stipulates
tanggung jawab Komite Audit sebagai berikut:             the duties and responsibilities of the Audit
                                                         Committee as follows:
a. Menelaah isu-isu signifikan di dalam                  a. Reviewing significant financial reporting issues
   pelaporan dan pertimbangan keuangan untuk                and judgments so as to ensure the integrity of
   memastikan integritas laporan keuangan                   the financial statements of the Company and
   Perusahaan dan pengumuman resmi terkait                  any formal announcements relating to the
   dengan kinerja keuangan Perusahaan.                      Company’s financial performance.
b. Menelaah dan melapor kepada BOC setahun               b. Reviewing and reporting to the BOC at least
   sekali terkait kecukupan dan efektivitas                 annually the adequacy and effectiveness of
   pengendalian internal Perusahaan, termasuk               the Company’s internal controls, including
   pengendalian       keuangan,        operasional,         financial, operational, compliance and
   kepatuhan dan teknologi informasi (penelaahan            information technology controls (such review
   dapat dilakukan secara internal atau dengan              can be carried out internally or with the
   bantuan pihak ketiga yang kompeten).                     assistance of any competent third parties).
c. Menelaah efektivitas fungsi audit internal            c. Reviewing the effectiveness of the Company’s
   Perusahaan. [PUGKI 5.4.1.6]                              internal audit function.
d. Menelaah ruang lingkup dan hasil audit                d. Reviewing the scope and results of the external
   eksternal, independensi dan objektivitas                 audit, and the independence and objectivity
   auditor eksternal.                                       of the external auditors.
e. Membuat       rekomendasi       kepada     BOC        e. Making recommendations to the BOC
   terkait usul kepada pemegang saham                       on the proposals to the shareholders on
   untuk penunjukkan, penunjukkan ulang                     appointment, re-appointment and dismissal
   dan    pemberhentian        auditor   eksternal,         of the external auditors, and approving the
   serta menyetujui remunerasi serta periode                remuneration and terms of engagement of
   penugasan auditor eksternal. [ACGS D.2.24]               the external auditors.
   [PUGKI 6.2.2]




                                                                                      2024 ANNUAL REPORT              165
Page 166
      Governansi Perusahaan




 Rapat [SEOJK 2.g.6.i]                                              Meetings
 Piagam Komite Audit mewajibkan pelaksanaan                         The Audit Committee Charter stipulate that
 rapat setidaknya 1 (satu) kali dalam 3 (tiga)                      the Audit Committee Meeting is at least 1 (one)
 bulan. Rapat dapat menghasilkan rekomendasi-                       time in 3 (three) months. The meeting shall only
 rekomendasi yang dapat dipertimbangkan                             generate recommendations accepted by the
 oleh BOC dan Direksi apabila lebih dari ½ (satu                    BOC and the Directors if more than half of the
 perdua) bagian anggota Komite hadir.                               members are present in the meeting.

 Sepanjang tahun 2024, Komite Audit telah                           During 2024, the Audit Committee held 6
 menyelenggarakan 6 (enam) rapat [ACGS D.2.23]                      (six) meetings with the following agenda and
 dengan agenda dan kehadiran sebagai berikut:                       attendance:



       Tanggal            Agenda Pembahasan
                                                                                     SBH       RP         R        UAI   KAP
       Date               Discussion Agenda



 1.    29 Januari         Penelaahan Laporan Internal Audit untuk
       January            periode Oktober sampai dengan Desember 2023
                                                                                      √         √         √         √     -
                          To review the Internal Audit’s Report for the
                          period of October through December 2023


 2.    26 Februari        Penelaahan Laporan Keuangan Perusahaan
       February           yang berakhir pada 31 Desember 2023 yang
                          disampaikan oleh KAP                                        √         √         √         -     √
                          To review the Company’s Financial Statements
                          for the period ended on December 31st, 2023

 3.    25 April           Penelaahan Laporan Internal Audit untuk
                          periode Januari sampai dengan Maret 2024
                                                                                      √         √         √         √     -
                          To review the Internal Audit’s Report for the
                          period of January through March 2024


 4.    24 Juli            Penelaahan Laporan Internal          Audit    untuk
       July               periode April sampai Juni 2024
                                                                                      √         √         √         √     -
                          To review the Internal Audit’s Report for the
                          period of April through June 2024


 5.    28 Oktober         Penelaahan Laporan Internal Audit             untuk
       October            periode Juli sampai September 2024
                                                                                      √         √         √         √     -
                          To review the Internal Audit’s Report for the
                          period of July through September 2024


 6.    9 Desember         Penelaahan Laporan Keuangan Perusahaan
       December           yang berakhir pada 30 September 2024 dan
                          Persiapan Audit Laporan Keuangan Tahunan
                          periode 31 Desember 2024 oleh KAP.
                                                                                      √         √         √         -     √
                          To review the Company’s Financial Statements
                          for the period ended on September 30th, 2024
                          and the External Auditor’s Planning of Audited
                          Financial Statement ended December 31st, 2024.
                                         Jumlah Kehadiran Total Attendance            6         6         6         4     2
                                                 Jumlah Rapat Total Meeting           6         6         6         4     2
                                         Tingkat Kehadiran Attendance Rate          100%      100%     100%      100%    100%

 Catatan Notes | SBH : Susiyati Bambang Hirawan RP : Rusli Prakarsa R : Rudiantara
                  UAI : Kepala Unit Audit Internal Head of Internal Audit Unit KAP : Akuntan Publik Public Accountant




166      LAPORAN TAHUNAN 2024
Page 167
   Corporate Governance                                                                  PT Duta Pertiwi Tbk



Program Pengembangan Kompetensi                              Competency Development Programs
[SEOJK 2.g.6.h]
Berdasarkan Piagam Komite Audit, setiap                      Based on the Charter for the Audit Committee,
anggota Komite Audit wajib meningkatkan                      each member of the Audit Committee was obliged
kompetensi melalui pendidikan dan pelatihan                  to improve competency through continuous
secara terus menerus, memahami peraturan                     education and training, understanding the latest
dan standar terbaru.                                         regulations and standards.

Pada tahun 2024, pelatihan yang telah diikuti                During 2024, trainings attended by members of
oleh anggota Komite Audit adalah sebagai                     the Audit Committee are as follows:
berikut:


                                                                                                     Pelaksana
 Nama             Topik                                                  Tanggal           Tempat
                                                                                                     Provider/
 Name             Subject                                                Date               Venue
                                                                                                     Facilitator

 Prof. DR.        Program pengembangan beliau dapat dibaca pada Program Pengembangan BOC halaman 156
 Susiyati         Laporan Tahunan.
 Bambang          Her competency development program can be found on BOC Development Program page 156 in
 Hirawan          this Annual Report
                  Forum on GRC Function Reinforcement:                          Juni                 Otoritas Jasa
                                                                         7                 Webinar   Keuangan
 Rusli            Dissemination on the Current Internal Audit Standard          June
 Prakarsa
                  Climate Reporting in the Financial Statements          14   November     Jakarta   KPMG

                  Accion Program on Strategic Leadership in Inclusive                                The Harvard
 Rudiantara                                                                        2024              Business School
                  Finance



Laporan Ringkas Kegiatan Tahun 2024                          Brief Report on Activities in 2024
[SEOJK 2.g.6.j]
Selama tahun buku 2024, Komite Audit telah                   During the fiscal year 2024, the Audit Committee
melaksanakan tugas dan tanggung jawabnya                     had carried out its duties and responsibilities as
sebagaimana yang tercantum dalam Piagam                      stipulated in the Charter of the Audit Committee
Komite Audit melalui kegiatan-kegiatan, antara               by doing the activities such as:
lain:
1. Bersama Direksi menelaah Laporan Keuangan                 1. Review the Company’s Quarterly Financial
   Triwulan Perusahaan serta Anggaran Tahunan                   Statements and the Company’s Annual
   Perusahaan.                                                  Budget with the Directors.
2. Rapat triwulanan dengan Ketua Unit Audit                  2. Quarterly meetings with the Company’s Head
   Internal Perusahaan untuk membahas langkah-                  of Internal Audit to discuss steps in improving
   langkah peningkatan pengawasan internal.                     internal monitoring.
3. Rapat dengan Auditor Eksternal yang                       3. Meeting with the External Auditor will address
   memaparkan Fokus Audit Utama serta                           the Key Audit Focus and Key Audit Matters.
   Hal Audit Utama, kemudian diikuti oleh                       Following this discussion, the Audit Committee
   penyampaian rekomendasi Komite Audit                         will present its recommendations to the BOC.
   kepada BOC. Rekomendasi ini bertujuan agar                   The objective of these recommendations
   Laporan Keuangan Konsolidasian Perusahaan                    is to ensure that the Company’s audited
   yang telah diaudit untuk tahun buku 2023                     consolidated financial statements for the 2023
   dapat diterima dan disertakan dalam Laporan                  fiscal year are deemed acceptable and can
   Tahunan Perusahaan untuk tahun 2023.                         be incorporated into the Company’s Annual
                                                                Report for 2023.
4. Rapat dengan Auditor Eksternal untuk                      4. Meetings with External Auditor to discuss
   membahas Laporan Keuangan Konsolidasian                      the     Company’s      audited    Consolidated
   Perusahaan yang telah diaudit periode 30                     Financial Statements for the period ending
   September 2024 dan persiapan audit Laporan                   September 30th, 2024 and preparation of the
   Keuangan Tahunan untuk tahun buku yang                       audit of Annual Financial Statements for the
   berakhir pada 31 Desember 2024 sesuai                        financial year ending December 31st, 2024, in
   dengan peraturan berlaku.                                    accordance with the applicable regulations.



                                                                                       2024 ANNUAL REPORT              167
Page 168
      Governansi Perusahaan




 KOMITE NOMINASI DAN
 REMUNERASI
 Nomination and Remuneration Committee
 [SEOJK 2.g.7] [ACGS D.2.8] [ACGS D.2.13] [PUGKI 1.4.1]



 BOC telah membentuk Komite Nominasi                      BOC has instituted a Nomination and
 dan Remunerasi (NRC) untuk membantu                      Remuneration Committee (NRC) to facilitate the
 melaksanakan proses nominasi dan remunerasi              professional and independent execution of the
 secara profesional dan independen.                       nomination and remuneration procedures.

 NRC telah memiliki Piagam Komite Nominasi dan            NRC has already had the Nomination and
 Remunerasi yang telah ditetapkan dengan surat            Remuneration Committee Charter stipulated in
 No.001/BOC/DP/X/2016 tanggal 5 Oktober 2016              the letter No.001/BOC/DP/X/2016 dated October
 tentang Piagam NRC dan telah melaksanakan                5th, 2016, regarding the Charter of the NRC
 kegiatannya berdasarkan ketentuan dalam                  and carries out their activities as stipulated in
 Piagam tersebut. Piagam NRC tersebut telah               the Charter. The NRC charter aligns with the
 mengakomodir perihal-perihal yang diatur                 provisions outlined in POJK No.34/POJK.04/2014
 dalam    POJK   No.34/POJK.04/2014           tentang     regarding Nomination and Remuneration
 Komite Nominasi dan Remunerasi Emiten dan                Committee of Issuers and Public Companies.
 Perusahaan Publik. [ACGS D.2.11] [ACGS D.2.16]
 [PUGKI 1.4.2.1]


 Struktur dan Keanggotaan                                 Structure and Composition
 Keanggotaan NRC paling kurang terdiri dari 3             The NRC membership is mandated to comprise
 (tiga) orang yang terdiri dari 1 (satu) orang Ketua      a minimum of three (3) individuals, namely one
 yang juga merupakan Komisaris Independen                 (1) Chairperson, who concurrently serves as an
 Perusahaan [ACGS E.2.10] [ACGS E.2.15] dan 2 (dua)       Independent Commissioner of the Company,
 orang anggota lainnya, yang dapat berasal                and two (2) additional members. These members
 dari anggota BOC dan pihak yang berasal dari             can be selected from the BOC or from internal or
 dalam maupun luar Perusahaan atau pihak yang             external parties, including individuals holding
 menduduki jabatan manajerial di bawah Direksi            managerial roles reporting to the Directors
 yang membawahi sumber daya manusia.                      overseeing human resources.

 Untuk anggota yang berasal dari luar Perusahaan,         Individuals who are external to the Company are
 individu yang bersangkutan tidak merangkap               not permitted to hold simultaneous membership
 jabatan sebagai anggota komite lainnya dalam             on other committees within the organization.
 Perusahaan. Masa jabatan anggota NRC tidak               The tenure of members of the NRC should not
 lebih lama dari masa jabatan BOC dengan masa             surpass the term of the BOC, which is outlined as
 kerja 5 (lima) tahun sebagaimana yang diatur             five years in the AoA.
 dalam AD.

 Susunan NRC per tanggal 31 Desember 2024                 The composition of the NRC as of December 31st,
 berdasarkan Keputusan Dewan Komisaris                    2024 based on the Decisions of the Board of the
 tanggal 10 Juli 2020 adalah sebagai berikut:             Commissioners dated July 10th, 2020, as follows:




168      LAPORAN TAHUNAN 2024
Page 169
   Corporate Governance                                                           PT Duta Pertiwi Tbk



 Nama             Posisi          Jabatan                            Masa Jabatan       Profil [SEOJK 2.g.7.a-e]
 Name             Position        Title                              Terms of Office    Profile


                                  Komisaris Independen dan
                                  Ketua Komite Nominasi dan
 Prof. DR.                                                                              Halaman 61-62
                                  Remunerasi
                  Ketua                                                                 Laporan Tahunan ini.
 Teddy                            [ACGS D.2.10] [ACGS D.2.15]
                  Chairman                                                              Pages 61-62 of this
 Pawitra                          Independent Commissioner and
                                                                                        Annual Report.
                                  Chairman of the Nomination
                                  and Remuneration Committee

                                                                                        Halaman 59 Laporan
                                                                         2020 - 2024
 Muktar                           Komisaris Utama                                       Tahunan ini.
 Widjaja                          President Commissioner                                Pages 59 of this
                                                                                        Annual Report.
                  Anggota
                  Member
 Fransciscus                                                                            Halaman 60 Laporan
                                  Wakil Komisaris Utama                                 Tahunan ini.
 Xaverius
                                  Vice President Commissioner                           Pages 60 of this
 R.D.                                                                                   Annual Report.




Pernyataan Independensi [SEOJK 2.g.7.g]                  Statement of Independence
Perusahaan      tidak memiliki      pernyataan           The Company does not have a statement
independensi dari anggota NRC, selain daripada           of independence from the members of the
yang telah ditandatangani oleh Komisaris                 NRC, beyond what has been endorsed by the
Independen. Akan tetapi, setiap anggota                  Independent Commissioner. Nevertheless, each
wajib patuh kepada Kode Etik Perusahaan                  member is required to adhere to the Company’s
dan memiliki komitmen yang kuat untuk                    Code of Conduct, demonstrating a dedicated
memberikan pandangan dan penilaian yang                  commitment to offering impartial perspectives
objektif di dalam melakukan penilaian kinerja            and evaluations during performance assessments,
maupun memberikan rekomendasi terkait                    as well as when making recommendations
nominasi dan remunerasi anggota Direksi dan              concerning the nomination and remuneration of
BOC.                                                     the members of the Directors and BOC.


Tugas dan Tanggung Jawab [SEOJK 2.g.7.i]                 Duties and Responsibilities
Sebagaimana yang diatur dalam Piagam NRC,                As stipulated in the Charter of the NRC, the
tugas dan fungsi Komite di bidang Nominasi               duties and functions of the Committee in the
antara lain sebagai berikut:                             Nomination area are as follows:

a. Memberikan     rekomendasi       kepada   BOC         a. To provide recommendations to the BOC
   mengenai kebijakan dan kriteria yang                     on policies and criteria required in the
   dibutuhkan dalam proses nominasi dan                     nomination      process    and     performance
   kebijakan evaluasi kinerja bagi anggota Direksi          evaluation policies for members of the
   dan/atau anggota BOC serta rekomendasi                   Directors and/or other members of the BOC as
   komposisi jabatan anggota Direksi dan/atau               well as recommendations for the composition
   anggota BOC yang disesuaikan dengan skala                of the positions of members of the Directors
   usaha Perusahaan;                                        and/or BOC in accordance with the scale of
                                                            the Company’s business;
b. Membantu BOC melakukan penilaian kinerja              b. To assist the BOC in assessing the performance
   anggota Direksi dan/atau anggota BOC                     of members of the Directors and/or BOC based
   berdasarkan tolak ukur yang telah disusun                on the benchmarks that have been prepared
   sebagai bahan evaluasi;                                  as evaluation material;
c. Memberikan usulan calon yang memenuhi                 c. To provide proposals for qualified candidates
   syarat sebagai anggota Direksi dan/atau                  as members of the Directors and/or members
   anggota BOC kepada BOC untuk disampaikan                 of the BOC to the BOC to be submitted to the
   kepada RUPS; dan                                         GMS; and




                                                                                 2024 ANNUAL REPORT           169
Page 170
      Governansi Perusahaan




 d. Memberikan rekomendasi kepada BOC                              d. To provide recommendations to the BOC
    mengenai     program   pengembangan                               regarding     competency       development
    kemampuan    anggota Direksi dan/atau                             programs for members of the Directors and/or
    anggota BOC.                                                      members of the BOC.

 Di bidang Remunerasi, tugas dan fungsi Komite                     In the field of Remuneration, the duties and
 sebagaimana yang diatur dalam Piagam NRC,                         functions of the Committee as stipulated in the
 antara lain sebagai berikut: [PUGKI 1.3.5]                        Charter of the NRC, include the following:
 a. Memberikan rekomendasi kepada BOC                              a. To give recommendations to the BOC
    mengenai struktur, kebijakan dan besaran                          regarding the structure, policy and amount of
    atas remunerasi;                                                  remuneration;
 b. Membantu BOC melakukan penilaian kinerja                       b. To assist the BOC in assessing performance
    dengan kesesuaian remunerasi yang diterima                        with the suitability of remuneration received
    masing-masing anggota Direksi dan/atau                            by members of the Directors and/or members
    anggota BOC;                                                      of the BOC;
 c. Membantu BOC dalam menyusun struktur                           c. To assist the BOC in preparing the
    remunerasi dan memberikan rekomendasi                             remuneration       structure    and     provide
    mengenai kebijakan atas remunerasi bagi                           recommendations regarding the policy on
    anggota Direksi dan/atau anggota BOC untuk                        remuneration for members of the Directors
    disampaikan kepada RUPS; dan                                      and/or members of the BOC to be submitted
                                                                      to the GMS; and
 d. Membantu BOC dalam menyusun besaran                            d. To assist the BOC on setting up the amount
    atas Remunerasi bagi anggota Direksi dan/                         of Remuneration for members of the Directors
    atau anggota BOC.                                                 and/or members of the BOC.

 Rapat [SEOJK 2.g.7.k]                                             Meetings
 NRC wajib menyelenggarakan rapat setidaknya                       NRC is obliged to hold meetings at least once
 1 (satu) kali dalam 4 (empat) bulan. Rapat dapat                  every 4 (four) months. Meetings can result in
 menghasilkan rekomendasi-rekomendasi yang                         recommendations that can be considered if more
 dapat dipertimbangkan apabila lebih dari ½ (satu                  than ½ (one half) of the committee members are
 perdua) bagian anggota Komite hadir.                              present.

 Sepanjang tahun 2024, NRC menyelenggarakan                        Throughout 2024, the NRC has held 2 (two)
 2 (dua) rapat dengan agenda pembahasan dan                        meetings with the following discussion agendas
 tingkat kehadiran sebagai berikut:                                and attendance record:
 [ACGS D.2.12] [ACGS D.2.17]



       Tanggal                 Agenda Pembahasan
                                                                                                    TP        MW          RD
       Date                    Discussion Agenda



 1.    4 Juni                  Pembahasan hasil self-assessment dan evaluasi kinerja
       June                    anggota BOC dan Direksi Tahun 2023
                                                                                                    √          √          √
                               Discussion of the result on the self-assessment and
                               evaluation of performance of the members of the BOC
                               and Directors for year 2023

 2.    26 November             Pembahasan penyesuaian petunjuk pengisian form
                               evaluasi kinerja anggota BOC dan Direksi Tahun 2024
                                                                                                    √          √          √
                               Discussion to the adjustment of the self-assessment form
                               performance of the members of the BOC and Directors for
                               year 2024
                                                       Jumlah Kehadiran Total Attendance            2          2           2
                                                               Jumlah Rapat Total Meeting           2          2           2
                                                       Tingkat Kehadiran Attendance Rate          100%       100%       100%

                                 Catatan Notes | TP : Prof. DR. Teddy Pawitra MW : Muktar Widjaja RD : Franciscus Xaverius R.D.




170      LAPORAN TAHUNAN 2024
Page 171
   Corporate Governance                                                PT Duta Pertiwi Tbk



Program Pengembangan Kompetensi                  Competency Development Programs
[SEOJK 2.g.7.h]
Berdasarkan Piagam NRC, setiap anggota           Based on the NRC Charter, every NRC member
NRC wajib meningkatkan kompetensi melalui        was mandated to enhance their competency
pendidikan dan pelatihan secara terus menerus,   through ongoing education and training,
memahami peraturan dan standar terbaru.          ensuring a thorough understanding of the most
                                                 recent regulations and standards.

Rincian program pengembangan yang diikuti        Please refer to the BOC section in the Corporate
sepanjang tahun 2024 dapat dilihat pada Bagian   Governance Chapter on page 156 of this Annual
BOC pada Bab Governansi Perusahaan halaman       Report regarding the details of the development
156 dari Laporan Tahunan ini.                    programs attended in 2024.


Laporan Ringkas Kegiatan Tahun 2024              Brief Report on Activities in 2024
[SEOJK 2.g.7.l]
Sepanjang tahun 2024, NRC telah melaksanakan     Throughout 2024, the NRC has conducted the
aktivitas berikut:                               following activities:

1. Mendiskusikan hasil self-assessment dan       1. Discussed the result on the self-assessment
   evaluasi kinerja anggota BOC dan Direksi         performance of the members of the BOC and
   Tahun 2023; dan                                  Directors for year of 2023; and
2. Membahas      dan   menyetujui     petunjuk   2. Discussed and approved the adjustment of
   pengisian form evaluasi kinerja anggota BOC      the self-assessment form performance of the
   dan Direksi Tahun 2024.                          members of the BOC and Directors for year
                                                    2024.




KOMITE LAIN DAN DEWAN
PENGAWAS SYARIAH
Other Committee and Sharia Supervisory Board
[SEOJK 2.g.5] [SEOJK 2.g.8]




Sampai dengan 31 Desember 2024, Perusahaan       Until December 31st, 2024, the Company is not
tidak diwajibkan untuk membentuk komite lain     required to establish any committees aside from
selain Komite Audit dan NRC dan tidak memiliki   the Audit Committee and NRC and there is no
kewajiban untuk membentuk Dewan Pengawas         mandate to create a Sharia Supervisory Board.
Syariah.




                                                                       2024 ANNUAL REPORT      171
Page 172
      Governansi Perusahaan




 SEKRETARIS PERUSAHAAN
 Corporate Secretary
 [SEOJK 2.g.9]




 Sekretaris Perusahaan memiliki tugas utama                  The Corporate Secretary is primarily responsible
 untuk memastikan kelancaran komunikasi                      for   facilitating   effective  communications
 antara Direksi dengan BOC, antar berbagai                   between the Directors and the BOC, among work
 unit kerja dalam Perusahaan serta dengan para               units within the Company and its stakeholders
 pemangku kepentingan termasuk pemegang                      including the shareholders, as well as enhancing
 saham dan meningkatkan kualitas governansi                  the quality of good corporate governance.
 Perusahaan yang baik. [PUGKI 3.1.3]

 Pengangkatan dan Pemberhentian                              Appointment and Dismissal
 Sekretaris   Perusahaan       diangkat    dan               The Corporate Secretary was appointed and
 diberhentikan oleh Direksi, serta bertanggung               dismissed by the Directors and reports directly to
 jawab kepada Direktur Utama.                                the President Director.

 Berikut adalah profil Sekretaris Perusahaan.                Below is a detailed profile of the Corporate
                                                             Secretary


      SUSAN
      Sekretaris Perusahaan
      Corporate Secretary

      Masa Jabatan – Serving Period

                                                             2020 – 2024

      Dasar Hukum Pengangkatan – Legal Basis of Appointment

           Surat Keputusan Direksi No.001/Kep.Dir/DP/VI/2015 tanggal 3
       Juni 2015 dan telah dilaporkan kepada BEI dan OJK melalui surat
                          No.041/IR-CS/DP/VI/2015 tertanggal 5 Juni 2015.
      Directors’ Resolution No.001/Kep.Dir/DP/V/2023 dated June 3rd, 2015
      and has been reported to BEI and OJK through letter No.041/IR-CS/
                                          DP/VI/2015 dated June 5th, 2015.


      Menjabat Sejak – Serving Since

                                                              3 Juni 2015
                                                                    June

      Kewarganegaraan – Citizenship

                                                   Indonesia Indonesian

      Domisili – Domicile [SEOJK 2.e.9.b]

                                                                  Jakarta

      Gender

                                                     Perempuan Female

      Usia – Age [SEOJK 2.e.9.c]

                                                       47 tahun years old




172      LAPORAN TAHUNAN 2024
Page 173
    Corporate Governance                                                               PT Duta Pertiwi Tbk



Riwayat Pendidikan – Education [SEOJK 2.e.9.d]               –   Senior Manager Corporate Secretary & Corporate Legal
                                                                 PT AJ Adisarana WanaArtha (2005 – 2011)
–   Sarjana Hukum, Universitas Atma Jaya Yogyakarta (2000)   –   Senior Supervisor Corporate Legal PT Wirakarya Sakti
    Bachelor’s degree in Laws, Atma Jaya Yogyakarta              (Sinar Mas Forestry Division) (2003 – 2005)
    University (2000)

Pengalaman Profesional – Professional Experience
                                                             Rangkap Jabatan – Concurrent Position
[SEOJK 2.g.9.c(2)]

–   Head of Corporate Secretary Department PT Duta Pertiwi   Tidak ada None
    Tbk (sejak since 2011)



Tugas dan Tanggung Jawab                                     Duties and Responsibilities
[SEOJK 2.g.9.f] [PUGKI 3.1.3]
Sesuai dengan POJK No.35/POJK.04/2014 dan                    In compliance with POJK No.35/POJK.04/2014
Perubahan Peraturan BEI No.1A, tugas dan                     and amendments to BEI Regulation No.1A, the
tanggung jawab Sekretaris Perusahaan adalah:                 duties and responsibilities of the Corporate
                                                             Secretary are outlined as follows:

1. Mengikuti perkembangan informasi terkait                  1. To remain updated on information related to
   Pasar Modal khususnya regulasi yang berlaku;                 the Capital Market, particularly the relevant
2. Memastikan Direksi dan BOC mematuhi                          regulations;
   ketentuan peraturan perundang-undangan di                 2. To ensure that the Directors and the BOC
   bidang Pasar Modal; [ACGS D.3.7]                             always comply with the regulations of the
                                                                Capital Market;
3. Membantu      Direksi  dan    BOC    dalam                3. To support the Directors and BOC in
   pelaksanaan GCG yang baik, meliputi:                         implementing GCG guidelines, covering:
   a. Keterbukaan informasi kepada masyarakat,                  a. The disclosure of information to the public,
      termasuk penyampaian informasi korporat                      including the publication of corporate
      dalam situs web Perusahaan;                                  information on the Company’s website;
   b. Penyampaian laporan kepada OJK dan BEI                    b. Timely submission of report to the OJK and
      secara tepat waktu;                                          BEI;
   c. Penyelenggaraan dan dokumentasi RUPS;                     c. The organization and documentation of
                                                                   the GMS;
   d. Koordinasi dan dokumentasi rapat Direksi                  d. The coordination and documentation of
      dan/ atau BOC; dan                                           the Directors and/or BOC meetings; and
   e. Pelaksanaan program orientasi terhadap                    e. Implementation of an orientation program
      Perusahaan bagi Direksi dan/atau BOC.                        for the Company’s Directors and/or the BOC.
4. Sebagai penghubung antara Perusahaan                      4. As a liaison between the Company and
   dengan pemegang saham, pemerintah/                           shareholders,     the     government/related
   instansi terkait, masyarakat dan pemangku                    institutions,   communities      and     other
   kepentingan lainnya.                                         stakeholders.

Program Pengembangan Kompetensi                              Competency Development Programs
[SEOJK 2.g.9.e] [ACGS D.3.8]
Agar tetap menerima informasi tentang                        To remain abreast of the latest developments
perkembangan terkini di pasar modal, sepanjang               in the capital market, the Corporate Secretary
tahun 2024 Sekretaris Perusahaan telah                       has participated in the following training and
mengikuti program-program pelatihan dan                      development programs throughout 2024:
pengembangan berikut:




                                                                                       2024 ANNUAL REPORT          173
Page 174
      Governansi Perusahaan




                                                                                                        Pelaksana
  Topik                                                                  Tanggal             Tempat
                                                                                                        Provider/
  Subject                                                                Date                 Venue
                                                                                                        Facilitator


  Media Handling: Maintaining Company Reputation and Public                       Februari
                                                                           1      February              ICSA
  Trust

  Socialization of eASY.KSEI to Issuers                                   30        April               KSEI



  Personal Data Protection Awareness                                      29        Mei                 Inhouse &
                                                                                    May                 Deloitte Indonesia


  National Seminar the 100th Dies Natalis FH UI, 100 Speakers of UI     4 June-     Juni                Universitas
  Notarial Alumni, 100 Years for the Country                            27 Sept     June                Indonesia


  Socialization of Profession Standardization of Corporate Secretary                         Webinar
                                                                           6                            ICSA
  and Corporate Code of Conduct

  Socialization of POJK in Capital Market in the Year 2024                20                            OJK



  Fostering an Inclusive and Diverse Culture at the Workplace              5                            Inhouse
                                                                                   Agustus
                                                                                   August
  Indepth of POJK No.42/POJK.04/02020 regarding Affiliated
  Transactions and Transactions with Conflict of Interests & POJK
                                                                          15                            ICSA - OJK
  No.17/POJK.04/2020 regarding Material Transactions and the
  Change of Main Business Activities


  Influencing Skills for Better Execution                                15-16               BSD City   Inhouse



  POJK Refreshment for Publicly Listed Issuers                            15       Oktober              AEI - OJK
                                                                                   October


  Introduction to IFRS 1 & 2: Practical Guide for Companies in
                                                                           4                            ICSA
  Indonesia
                                                                                  November   Webinar
  Executive Sharing Session: Driving Organizational Transformation
                                                                          15                            Inhouse
  through Collaborative Leadership in the Business Ecosystem

  Economic Outlook 2025: Strategy to Face Global Opportunities and                Desember              ICSA - Mandiri
                                                                          17      December              Sekuritas
  Challenges in the Era of Economic Transformation



 Laporan Ringkas Kegiatan Tahun 2024                             Brief Report on Activities in 2024
 [SEOJK 2.g.9.f] [PUGKI 8.1.1]                                   Throughout 2024, the Corporate Secretary has
 Selama tahun 2024, Sekretaris Perusahaan telah                  fulfilled the following responsibilities:
 melaksanakan tugas-tugas sebagai berikut:
 1. Melakukan pemberitahuan dan pemanggilan                      1. Notifying and convening the GMS, along with
    RUPS, serta melaporkan risalah RUPS melalui                     promptly disclosing the minutes of the GMS on
    situs web Perusahaan [ACGS C.7.2], BEI dan KSEI                 the Company, BEI and KSEI websites;
    tepat waktu;
 2. Menyampaikan 3 laporan keuangan triwulanan                   2. Submitted three quarterly financial statements
    dalam waktu 1 bulan sejak berakhirnya periode                   within 1 months following the conclusion of the
    pelaporan; [ACGS C.7.1]                                         reporting period;
 3. Menyampaikan 1 laporan keuangan tahunan                      3. Submitted one annual financial statement
    dalam waktu 120 hari sejak berakhirnya tahun                    in 120 days following the conclusion of the
    buku; [ACGS C.8.1]                                              reporting period;
 4. Menyampaikan Laporan Tahunan dan Laporan                     4. Submitted Annual Report and Sustainability
    Keberlanjutan dalam waktu 120 hari sejak                        Report in 120 days following the conclusion of
    berakhirnya tahun buku; [ACGS C.8.2]                            the reporting period;




174      LAPORAN TAHUNAN 2024
Page 175
   Corporate Governance                                                      PT Duta Pertiwi Tbk



5. Menyampaikan informasi terkait perkembangan       5. Submitted information related to the progress
   Perusahaan dan Entitas Anak melalui Siaran           of the Company and its Subsidiaries in one
   Pers sebanyak 1 kali;                                Press Release;
6. Paparan Publik dilaksanakan bersamaan             6. The Public Expose was conducted parallel to
   dengan penyampaian Laporan Keuangan per              the submission of the Financial Statements as
   31 Desember 2023 pada tanggal 14 Maret 2024;         of December 31st, 2023 on March 14th, 2024;
   [ACGS A.4.1]
7. Berinteraksi dengan media dalam 3 kegiatan;       7. Interacted with the media on three occasions;
   [ACGS C.7.4]
8. Menyampaikan keterbukaan informasi antara         8. Submitted information disclosure among
   lain terkait laporan kepemilikan saham, serta        others related to report on share’s ownership
   pembayaran dividen interim.                          also interim dividend payment.


Uraian Singkat Pelaksanaan Hubungan                  Brief Description of the Conduct of Investor
Investor                                             Relations
Salah satu tugas Hubungan Investor adalah            One of the primary responsibilities of Investor
mengembangkan hubungan yang baik dengan              Relations is to cultivate strong relationships
para pihak terkait investasi saham, terutama         with stakeholders related to stock investments,
hubungan dengan para pemegang saham,                 particularly relations with the shareholders,
analisis efek, manajer investasi, broker institusi   securities analysts, investment managers, as
ataupun ritel. [ACGS A.4.1] [ACGS C.7.3]             well as institutional and retail brokers.

Kegiatan-kegiatan terkait dengan Hubungan            Activities pertaining to Investor Relations in 2024
Investor pada tahun 2024 antara lain Analyst         includes Analyst Meeting, activities with the
Meeting,    kegiatan    dengan    Komunitas          Stock Community and disclosure of information
Saham, serta penyampaian informasi terkait           related to the updated of the Company and its
perkembangan Perusahaan dan Entitas Anak.            Subsidiaries.




                                                                            2024 ANNUAL REPORT        175
Page 176
      Governansi Perusahaan




 UNIT AUDIT INTERNAL
 Internal Audit Unit
 [SEOJK 2.g.10] [ACGS D.3.14]




 Visi     Unit  Audit   Internal  adalah    untuk        The vision of the Internal Audit Unit is to provide
 menyediakan jasa yang memberi nilai tambah              value-adding service to the Company by
 kepada Perusahaan dalam meningkatkan dan                enhancing and protecting organizational value
 melindungi nilai perusahaan melalui pendekatan          through a systematic, risk-based approach to
 yang sistematis dan berbasis risiko untuk               evaluating and improving the effectiveness of
 mengevaluasi serta meningkatkan efektivitas             governance, risk management and internal
 governansi, manajemen risiko dan pengendalian           control. The Internal Audit Unit has an Internal
 internal. Unit Audit Internal Unit Audit Internal       Audit Charter which was updated and
 telah memiliki Piagam Unit Audit Internal [SEOJK        approved by the BOC on February 12th, 2020.
 2.g.10.g] yang telah diperbaharui pada tanggal          The Internal Audit Unit carries out its duties and
 12 Februari 2020 dan telah mendapatkan                  responsibilities based on the charter.
 persetujuan BOC. Unit Audit Internal dalam
 melaksanakan tugas dan tanggung jawabnya
 berpedoman pada Piagam tersebut.

 Unit Audit Internal bertanggung jawab langsung          The Internal Audit Unit is directly responsible to
 kepada Direktur Utama dan secara fungsional             the President Director and functionally to the
 kepada BOC melalui Komite Audit.                        BOC through the Audit Committee.
 [SEOJK 2.g.10.e] [PUGKI 5.4.1]


 Unit Audit Internal dipimpin oleh Kepala Unit           The Internal Audit Unit is led by the Head of
 Audit Internal, yang dipilih dan diangkat serta         Internal Audit Unit, who is selected, appointed
 diberhentikan oleh Direktur Utama setelah               and terminated by the President Director with the
 mendapatkan persetujuan dari BOC. Per 31                approval of the BOC. As of December 31st, 2024, the
 Desember 2024, Unit Audit Internal memiliki 24          Internal Audit Unit has 24 (twenty-four) internal
 (dua puluh empat) auditor internal.                     auditors.




      HAMINA ALI
      Kepala Unit Audit Internal
      Head of Internal Audit Unit
      [ACGS D.3.15]

      Dasar Hukum Pengangkatan – Legal Basis of Appointment
      [SEOJK 2.g.10.b(1)]

        Surat Keputusan Direksi Perusahaan tertanggal 12 Februari 2020
              Decree of the Company’s Directors dated 12 February 2020

      Menjabat Sejak – Serving Since
                                                          Januari 2012
                                                             January

      Kewarganegaraan – Citizenship

                                                 Indonesia Indonesian

      Domisili – Domicile

                                                              Jakarta




176      LAPORAN TAHUNAN 2024
Page 177
    Corporate Governance                                                               PT Duta Pertiwi Tbk



Usia – Age [SEOJK 2.e.9.c]                                    –   Deputy Director Internal Audit AFP China Ltd.,
                                                                  Shanghai, China (2000–2009)
                                        56 tahun years old
                                                              –   Andersen Worldwide Manager di Kantor Akuntan
Riwayat Pendidikan – Education [SEOJK 2.g.9.d]                    Publik Prasetio, Utomo & Co. (Member of Arthur
                                                                  Andersen)
–   Sarjana Ekonomi Jurusan Akuntansi, Universitas                (1992 – 1999).
    Tarumanagara (1992)                                           Andersen Worldwide Manager at Prasetio Utomo
    Bachelor of Economics Majoring in Accounting,                 & Co. Public Accounting Office (Member of Arthur
    Tarumanagara University (1992)                                Andersen) (1992-1999).
–   Magister     Manajemen     pada   program studi
    Manajemen, program Executive Management,                  Rangkap Jabatan – Concurrent Position
    Universitas Bina Nusantara (2022)
    Master of Management in Management Study                  –   Ketua Unit Audit Internal di PT Bumi Serpong Damai
    Program, Executive Management program, Binus                  Tbk (sejak 2012)
    University (2022)                                             Head of Internal Audit Unit at PT Bumi Serpong
Sertifikasi – Certification [SEOJK 2.g.10.c]                      Damai Tbk (since 2012)
                                                              –   Ketua Unit Audit Internal di Sinarmas Land Ltd.,
Certified Internal Auditor (CIA), The Institute of Internal       Singapura (sejak 2010)
Auditor (IIA) (2022)                                              Chief Internal Auditor at Sinarmas Land Ltd.,
Pengalaman Profesional – Professional Experience                  Singapore (since 2010)
[SEOJK 2.g.10.b(2)]

–   Commercial CFO (2011) & Business Control Director
    (2009 – 2011) PT Bumi Serpong Damai Tbk


Uraian Tugas dan Tanggung Jawab                               Description of Duties and Responsibilities
[SEOJK 2.g.10.f]
Sesuai Piagamnya, Unit Audit Internal memiliki                According to its Charter, The Internal Audit Unit
tugas dan tanggung jawab sebagai berikut:                     has duties and responsibilities as follows:
1. Menguji dan mengevaluasi pelaksanaan                       1. Assess and evaluate the implementation of
   pengendalian internal dan sistem manajemen                    internal control and risk management systems
   risiko sesuai dengan kebijakan Perusahaan.                    in accordance with the Company’s policies.
2. Melakukan pemeriksaan dan penilaian atas                   2. Inspect and assess the efficiency and
   efisiensi dan efektivitas di bidang keuangan,                 effectiveness     of    finance,    accounting,
   akuntansi, operasional, sumber daya manusia,                  operations, human resources, marketing,
   pemasaran, teknologi informasi dan kegiatan                   information technology and other activities.
   lainnya.
3. Menilai kepatuhan perusahaan terhadap                      3. Evaluate the Company’s compliance with
   hukum dan peraturan yang berlaku.                             applicable laws and regulations.
4. Memberikan saran perbaikan yang obyektif                   4. Provide     objective  and    implementable
   dan     dapat    diimplementasikan       tentang              recommendations relating to the assessed
   kegiatan yang diperiksa pada semua tingkat                    activities at all management levels.
   Manajemen.
5. Bertanggung jawab untuk menyampaikan                       5. Accountable for presenting reports on
   laporan atas aktivitas dan temuan audit kepada                audit activities and findings to the relevant
   Manajemen terkait dan BOC melalui Komite                      management and the BOC through the Audit
   Audit dan memberikan saran perbaikan yang                     Committee, and for advocating objective and
   objektif dan dapat diimplementasikan atas                     implementable recommendations on audit
   hasil temuan dan kegiatan audit pada semua                    findings and activities at all Management
   tingkat Manajemen.                                            levels.
6. Memantau,       melakukan       analisis     dan           6. Monitor, analyze and report on the
   melaporkan      pelaksanaan     tindak     lanjut             implementation      of    the   recommended
   perbaikan yang telah disarankan.                              improvement points.
7. Menjalankan penugasan yang bersifat ad-hoc                 7. Carry out ad-hoc tasks assigned by the
   yang diberikan oleh manajemen atau Komite                     Management or the Audit Committee,
   Audit, sepanjang tidak terdapat benturan                      provided there is no conflict of interest in the
   kepentingan atas penugasan tersebut. Untuk                    tasks. For this reason, the Internal Audit Unit
   itu, Unit Audit Internal akan menyiapkan                      will prepare an Engagement Memo which
   Memo Penugasan (Engagement Memo) yang                         describes the objective, scope, and duration of
   menjelaskan tujuan dan lingkup penugasan                      the tasks.
   serta lamanya penugasan tersebut.


                                                                                       2024 ANNUAL REPORT         177
Page 178
      Governansi Perusahaan




 8. Memberikan peringatan dini (Early Warning)                8. Provide Early Warning to the Directors and
    kepada Direksi dan Komite Audit mengenai                     the Audit Committee on issues found during
    masalah yang ditemukan dalam pekerjaan                       audit assignments that may potentially
    audit yang secara signifikan berpotensi                      have a significant impact to the Company’s
    mempengaruhi tujuan Perusahaan.                              objectives.
 9. Melakukan    investigasi khusus    apabila                9. Leading special inspection if needed.
    diperlukan.

 Pengembangan Kompetensi [SEOJK 2.g.10.d]                     Competency Development
 Sepanjang tahun 2024, Pendidikan Profesional                 Throughout 2024, the Head of Internal Audit
 Berkelanjutan (CPE) yang diikuti oleh Kepala                 Unit attended the Continuing Professional
 Unit Audit Internal adalah sebanyak 30 program               Education (CPE) with total 30 programs with 95
 dengan 95 jam CPE.                                           CPE hours.

                                                                                                        Pelaksana
  Topik                                                              Tanggal               Tempat
                                                                                                        Provider/
  Subject                                                            Date                   Venue
                                                                                                        Facilitator


  Risk in Focus 2024                                                                     Zoom webinar   IIA Singapore
                                                                     18
  Bringing focus to the risk-audit relationship                                             Online      Wolters Kluwer


  SheLeads Tech January 2024 Webinar: Unveiling Tomorrow:
                                                                     19                  Zoom webinar   ISACA Singapore
  Exploring the Technology Trends Shaping 2024
                                                                               Januari
                                                                               January
  Get to Know the New Global Internal Audit Standards                24                     Online      IIA Global

  Town hall meeting: Highlights of the New Global Internal Audit
                                                                                         Zoom webinar   IIA Indonesia
  Standards
                                                                     30
  Rethinking Internal Audit: Governance Needs Gardening                                                 Wolters Kluwer

  Automate and Simplify Your Cloud Compliance and Evidence
                                                                     31                                 Metric Stream
  Collection
  Transforming Audit to Combat Financial Services' Heightened
                                                                      6                                 Audit Board
  Risk Exposure                                                                             Online

  The Power of Storytelling                                                                             ISACA

                                                                      7
  GRC Trends and Strategies to Accelerate Risk, Compliance and
                                                                                                        Metric Stream
  Audit Programs in 2024 and Beyond
                                                                           Februari
  Auditing While Asleep: Implementing a Continuous Audit                   February
                                                                      8                  Zoom webinar   IIA Singapore
  Programme

  Implementing an integrated approach to assurance provision         15


  Real-world business risk assessment and response                   20

  Crypto hacks, headlines and scandals: Governance in emerging                                          Wolters Kluwer
                                                                     29
  technologies
  Overview of the Global Internal Audit Standards 2024 – What’s
  new, how does it work and what are the impacts for the             13
  profession?                                                                  Maret
                                                                               March
  CAE Talk: Internal Audit Transformation                            27                                 IIA Indonesia

                                                                                Mei         Online
                                                                      4         May
  CISA Review Course Term 1                                                                             Pusilkom UI
                                                                                Juli
                                                                                July

  Effective Quality Assessment - Beyond the IIA Standards
                                                                      6                                 Wolters Kluwer
  Enhancing Audit Productivity: Leveraging Generative AI for next-
  level internal auditing                                                       Juni
  Navigating Cybersecurity Together: The Symbiotic Relationship                 June
                                                                                                        ISACA Global
  of GCs & CISOs

  ESG and the role of Internal Audit – a panel discussion            12                                 Wolters Kluwer




178      LAPORAN TAHUNAN 2024
Page 179
   Corporate Governance                                                                    PT Duta Pertiwi Tbk



                                                                                                        Pelaksana
 Topik                                                                 Tanggal              Tempat
                                                                                                        Provider/
 Subject                                                               Date                  Venue
                                                                                                        Facilitator

 The 2024 Standards: Domains II and V – Ethics and
                                                                        18                              Wolters Kluwer
 Professionalism / Performing Internal Audit Services                             Juni
                                                                                  June
 WeLeadtech June 2024 Webinar                                           24                              ISACA Singapore
 Talk show: In Love with Carbon. Road to Integrity Carbon
                                                                        2
 Economic Value
                                                                                                        IIA Indonesia
 Foresight: Methods and Its Uses                                        11                   Online
                                                                                  Juli
 The Ripple Effect: Safeguarding Reputation in the Age of Social                  July
                                                                        16                              Wolter Kluwer
 Media and Contagion Risk

 How Internal Audit can be proactive in Fight againts Fraud             25                              IIA Singapore

 The 2024 Standards: Domains I and IV - Purpose / Managing
                                                                        22                              Wolter Kluwer
 Internal Audit Function                                                         Agustus
                                                                                 August
 ACIIA Regional Conference 2024                                       28 - 29                 Bali
                                                                                                        IIA Indonesia
 Upholding Ethics Through Professional Courage                          30       Oktober     Online
                                                                                 October




Berikut ini adalah Pendidikan Profesional                      The following are the Continuing Professional
Berkelanjutan (CPE) yang telah diikuti anggota                 Education (CPE) attended by members of
Unit Audit Internal dengan total jumlah program                the Internal Audit Unit in 2024 with total 76
pada tahun 2024 sebanyak 76 program dengan                     programs with 55.7 CPE hours per person on
rata-rata 55,7 jam CPE per orang.                              average.


                                                                                                        Pelaksana
 Nama             Topik                                                Tanggal              Tempat
                                                                                                        Provider/
 Name             Subject                                              Date                  Venue
                                                                                                        Facilitator

                  Get to Know the New Global Internal Audit                      Januari
                                                                        24       January                IIA Global
                  Standards
                  Real-world business risk assessment and
                  response
                                                                        20      Februari                Wolters Kluwer
                  [TeamMate APAC Webinar] Real-world business                   February
                  risk assessment and response


                  CAE Talk : Internal Audit Transformation              27        Maret                 IIA Indonesia
                                                                                  March

                  The 2024 Standards - Domain III - Governing                     Mei
                                                                         7        May
                  the Internal Audit Function
                  Effective quality assessment - Beyond the IIA                              Online
                                                                         6                              Wolters Kluwer
                  standards                                                       Juni
 Sandy                                                                            June
 Prawira          Domains II and V – Ethics and Professionalism/
                                                                        18
                  Performing Internal Audit Services
 Setionago
 Certified        Talk show: In Love with Carbon. Road to                          Juli
                                                                         2         July                 IIA Indonesia
                  Integrity Carbon Economic Value
 Internal
 Auditor          ESG and the role of Internal Audit                    14


                  The 2024 Standards: Domains I and IV –
                                                                        22                              Wolters Kluwer
                  Purpose/Managing the Internal Audit Function                   Agustus
                                                                                 August
                  Effective internal audit stakeholder
                  management                                            29
                  Sustainable Value Creation In Real Estate                                 Classroom   Deloitte Indonesia
                  Professional Auditor Forum: Upholding Ethics
                                                                        30                              IIA Indonesia
                  Through Professional Courage                                   Oktober
                                                                                 October
                  Certified Internal Auditor ISO/IEC : 27001 : 2022   24-25                  Online     CBQA Global

                  CIA Review Course Part 1                               2      Desember                IIA Indonesia
                                                                                December




                                                                                           2024 ANNUAL REPORT             179
Page 180
      Governansi Perusahaan




                                                                                                         Pelaksana
  Nama            Topik                                              Tanggal                Tempat
                                                                                                         Provider/
  Name            Subject                                            Date                    Venue
                                                                                                         Facilitator


                  Bringing focus to the risk-audit relationship       18                                 Wolters Kluwer
                                                                                             Online
                  Get to Know the New Global Internal Audit                    Januari
                                                                      24       January                   IIA Global
                  Standards
                  Town Hall Meeting: Highlights of the New
                                                                      30                  Zoom webinar   IIA Indonesia
                  Global Internal Audit Standards
                  Real-world business risk assessment and
                                                                      20                                 Wolters Kluwer
                  response
                  How To Become a Strategic Advisor in Your                   Februari
                                                                      21      February                   IIA Global
                  Internal Audit Role
                  Unlock the Power of Data with Teammate
                                                                      27                                 Wolters Kluwer
                  Analytics
                                                                                             Online
                  How TeamMate+ helps you to conform with the                 Februari
                                                                      28      February
                  new IIA standards
                                                                                                         Wolters Kluwer
                  Overview of the Global Internal Audit Standards
                                                                      13
                  2024                                                         Maret
                                                                               March
  Lulie           CAE Talk : Internal Audit Transformation            27                                 IIA Indonesia
  Rulliansyah
  Certified                                                                                 The Ritz-
  Internal        Teammate User Forum                                 23        April     Carlton Mega
                                                                                           Kuningan
  Auditor
                                                                                Mei                      Wolters Kluwer
                  Bringing focus to the risk audit relationship       15        May
                  Enhancing Audit Productivity: Leveraging
                                                                      6
                  Generative AI for next-level internal auditing
                  Dissemination on the Current Internal Audit
                                                                      7                                  IIA Indonesia
                  Standard
                                                                                Juni
                  ESG and the role of Internal Audit – a panel                  June
                                                                      12
                  discussion
                  The 2024 Standards: Domains II and V – Ethics                              Online      Wolters Kluwer
                  and Professionalism/Performing Internal Audit       18
                  Services

                  2024 ACIIA Regional Conference                    28 - 29
                                                                               Agustus
                  Impactful Communication Skills Offline                       August
                                                                                                         IIA Indonesia
                  Workshop
                                                                      30
                  [PAF] Upholding Ethics Through Professional                  Oktober
                  Courage                                                      October

                  Uncovering Fraudulent Activities: The Role
                                                                                Juli
  Rudi            of Data Analytics in Audits using TeamMate          3         July         Online      Wolters Kluwer
                  Analytics

                  Get to know the New Global Internal Audit                    Januari
  Wendy                                                               24       January       Online      IIA Global
                  Standard

  Albert Bimo     Implementation of Governance, Risk & Control                  Mei
                                                                    2 & 16      May          Online      IIA
  Aryanto         in University - Series 1 & 2

                  The 2024 Standards: Domains II and V – Ethics
  Bintang M.                                                                    Juni
                  and Professionalism / Performing Internal Audit     18        June         Online      Wolter Kluwer
  P. Gultom       Services
                  Overview of the Global Internal Audit Standards
  Carlos                                                                       Maret
                  2024 – What’s new, how does it work and what        13       March         Online      Wolter Kluwer
  Kanysi          are the impacts for the profession?

  Dian            Professional Audit Forum: Upholding Ethics                   Oktober
                                                                      30       October       Online      IIA Indonesia
  Angelene        through Professional Courage

  Eva Augusta     Transforming Audit Processes with Generative
                                                                      10      September      Online      Wolters Kluwer
  Leilani         AI: Key Findings from Global Research

                  Uncovering Fraudulent Activities : The Role
  Firdha                                                                        Juli
                  of Data Analytics in Audits using Teammate          4         July         Online      Wolters Kluwer
  Fathia          Analytics




180      LAPORAN TAHUNAN 2024
Page 181
   Corporate Governance                                                                     PT Duta Pertiwi Tbk



                                                                                                         Pelaksana
 Nama              Topik                                               Tanggal               Tempat
                                                                                                         Provider/
 Name              Subject                                             Date                   Venue
                                                                                                         Facilitator

 Hans Jakal        Enhancing audit productivity: Leveraging                       Juni
                                                                         6        June        Online     Wolters Kluwer
 Perdana           Generative AI for next-level internal auditing

                   Training – Fraud Detection & Investigation for
 Herda Narita                                                           11   November      Zoom Webinar IIA Indonesia
                   Internal Auditors

 Herdi Krisna      Effective Internal Audit Stakeholder                          Agustus
                                                                        29       August       Online     Wolters Kluwer
 Pradana           Management

                   Professional Auditor Forum: Upholding Ethics                  Oktober
 Irwanto                                                                31       October      Online     IIA
                   Through Professional Courage

 Leonardus         Town Hall Meeting : Highlights of the new                     Januari
                                                                        30       January      Online     IIA Indonesia
 Winston Lim       Global Audit Standard

 Luvita            Rethinking Internal Audit: Governance Needs                   Januari
                                                                        30       January      Online     Wolters Kluwer
 Damayanti         Gardening

 Muhammad          Using technology to power conformance with                    Maret
                                                                        26       March        Online     Wolters Kluwer
 Rizqi Anwar       the new 2024 Global Internal Audit Standards

 Novelia P.        A multipurpose Audit Universe: The pros, cons                  Mei
                                                                        21        May         Online     Wolters Kluwer
 Megalestari       and necessities

 Ratna             Professional Audit Forum: Upholding Ethics                    Oktober
                                                                        30       October      Online     IIA Indonesia
 Puspita Sari      through Professional Courage

 Ryan              NIST 2.0: Internal audit's role in cybersecurity               Mei
                                                                         8        May         Online     Grant Thornton
 Adhitya           program initiatives

 Tama
                   Dissemination on the Current Internal Audit                    Juni
 Pardana                                                                 7        June        Online     OJK
                   Standard
 Syaifullah



Laporan Ringkas Pelaksanaan Tugas Tahun 2024                     Brief Report on Activities in 2024
[SEOJK 2.g.10.h]
Selama tahun 2024, Unit Audit Internal telah                     During 2024, the Internal Audit Unit has carried
menyelesaikan seluruh penugasan audit yang                       out all audit engagements stated in the Annual
tercantum dalam Rencana Audit Tahunan yang                       Audit Plan approved at the beginning of the year
disetujui di awal tahun bersama dengan Direksi                   together with the Directors and BOC through
dan BOC melalui Komite Audit. Termasuk di                        the Audit Committee. Included in the plan were
dalam rencana tersebut adalah audit berkala                      periodic audits based on a risk-based approach
berdasarkan pendekatan berbasis risiko yang                      as well as 9 (nine) assignments, which include
terdiri dari 9 (sembilan) penugasan, yang                        Operational and Information Technology Audits
mencakup Audit Operasional dan Teknologi                         as follows:
Informasi sebagai berikut:
1. Audit atas area Asset Management (Office                      1. Audit on Asset Management area (Office
   Buildings & ITC)                                                 Buildings & ITC)
2. Audit atas area Residential                                   2. Audit on Residential area
3. Audit atas area Commercial (Apartment &                       3. Audit on Commercial area (Apartment &
   Estate Management)                                               Estate Management)
4. Audit atas area Pengadaan dan                                 4. Audit on Procurement area and
5. Audit atas area Teknologi Informasi.                          5. Audit on Information Technology area.

Unit Audit Internal melaporkan aktivitas audit                   The Internal Audit Unit periodically reports
secara berkala dan menyampaikannya kepada                        its activities to the President Director and the
Direktur Utama dan BOC melalui Komite Audit.                     BOC through the Audit Committee. Included in
Termasuk dalam laporan tersebut adalah                           the report are the recommendations on audit
rekomendasi perbaikan atas temuan audit dan                      findings for improvement and monitor the


                                                                                           2024 ANNUAL REPORT             181
Page 182
      Governansi Perusahaan




 pemantauan atas implementasi perbaikan             remediation of these findings. Periodically, as
 tersebut. Secara berkala sebagaimana yang          defined in the Charter of Internal Audit Unit, the
 diatur dalam Piagam Unit Audit Internal, Unit      Internal Audit Unit has reported internal audit
 Audit Internal telah melaporkan kegiatan audit     activities to the Audit Committee 4 (four) times in
 internal kepada Komite Audit sebanyak 4 (empat)    2024 during the Meetings of the Audit Committee.
 kali pada tahun 2024 melalui Rapat Komite Audit.   Please refer the details of these activities in the
 Rincian laporan ini dapat dibaca pada sub Rapat    Audit Committee Meeting part on page 166 in
 Komite Audit pada halaman 166 Laporan Tahunan      this Annual Report.
 ini. [SEOJK 2.g.10.h]




 SISTEM PENGENDALIAN
 INTERNAL
 Internal Control System
 [SEOJK 2.g.11] [ACGS D.3.17]




 Sistem pengendalian internal diterapkan pada       The internal control system has been
 semua unit kerja di semua tingkatan untuk          implemented across all work units to uphold
 memastikan kesesuaian antara keputusan dan         alignment between decisions and its execution.
 pelaksanaannya. Sistem pengendalian internal       Employing a risk-based methodology on the
 Perusahaan telah menggunakan pendekatan            Company’s internal control system to ensure
 berbasis risiko supaya dapat memastikan            all the significant risks have been mitigating
 bahwa risiko-risiko signifikan Perusahaan telah    effectively.
 dimitigasi secara efektif.

 Direksi dibantu oleh Unit Internal Audit secara    The Directors, assisted by the Internal Audit
 berkala mengevaluasi dan memperbaharui             Unit, gradually evaluates and update the
 sistem pengendalian internal agar tetap selaras    internal control system to stay in line with the
 dengan visi, misi, tujuan, sasaran dan strategi    Company’s vision, mission, objectives, aims and
 jangka panjang Perusahaan, termasuk kepatuhan      long-term strategy, including compliance to the
 terhadap peraturan dan standar yang berlaku.       applicable standard and regulation. The renewal
 Pembaharuan sistem pengendalian internal           of the internal control system encompasses
 mempertimbangkan        aspek     pengendalian     financial control, operational, human capital,
 keuangan, operasional, sumber daya manusia,        communication and information technology
 sistem teknologi informasi dan komunikasi.         systems.
 [PUGKI 1.1.3]


 Tinjauan atas Efektivitas Sistem Pengendalian      Review of the Efficacy of the Internal Control
 Internal                                           System
 [SEOJK 2.g.11.b] [ACGS D.3.18] [PUGKI 1.3.7]
 Direksi dan BOC telah melakukan penilaian          The Directors and the BOC have assessed
 efektivitas pengendalian internal atas pelaporan   the effectiveness of the Company’s internal
 keuangan Perusahaan pada tanggal 25 Maret          control concerning the financial reporting as of
 2025. Berdasarkan penilaian ini, manajemen         March 25th, 2025. Following this assessment, the
 menyimpulkan bahwa hingga 31 Desember              management concluded that as of December 31st,
 2024, pengendalian internal sudah cukup            2024, the internal control system has proven to be
 efektif, tercapainya integritas akuntansi dan      effective, ensuring the integrity of the Company’s
 sistem pelaporan keuangan Perusahaan dan           accounting and financial reporting systems, as
 pengungkapan tepat waktu dan akurat atas           well as the timely and accurate disclosure of all
 semua informasi material mengenai Perusahaan.      material information pertaining to the Company.


182      LAPORAN TAHUNAN 2024
Page 183
   Corporate Governance                                                       PT Duta Pertiwi Tbk



[PUGKI 1.1.4] [PUGKI 1.3.8] Secara umum, tidak         Notably, no substantial vulnerabilities have been
ditemukan kelemahan berarti yang dapat                 identified that could significantly impact on the
berpengaruh secara signifikan terhadap kinerja         Company’s financial performance. The internal
keuangan Perusahaan. Sistem pengendalian               control framework and risk management
internal dan manajemen risiko dinilai telah            processes are deemed sufficient and effective in
memadai dan efektif dalam memitigasi risiko            mitigating the significant risks across financial,
signifikan, termasuk risiko keuangan, operasional,     operational, compliance and information
kepatuhan dan teknologi informasi.                     technology.

Perusahaan tetap akan melakukan perbaikan              The Company aims to improve the internal
secara berkesinambungan atas proses-proses             processes across all functions by integrating
internal yang dilakukan oleh setiap fungsi dengan      findings gathered both from internal and external
mengacu pada temuan audit baik internal                audits, as well as findings conducted by each
maupun eksternal serta temuan oleh setiap              function both independently and interrelated
fungsi baik secara mandiri maupun fungsi-fungsi        departments within the Company.
terkait di Perusahaan.


Pernyataan Direksi atas Kecukupan Sistem               Director’s Statement regarding the Adequacy
Pengendalian Internal [SEOJK 2.g.11.c] [ACGS D.3.20]   of the Internal Audit System
Kami menegaskan bahwa penerapan sistem                 We confirm that the internal control system
pengendalian internal untuk tahun buku yang            implemented for the financial year ending on
berakhir pada tanggal 31 Desember 2024 telah           December 31st, 2024 has presented reasonable
memberikan reasonable assurance, tetapi tidak          assurance, though not absolute. The Company
absolut. Perusahaan tidak akan terpengaruh             will not be negatively affected by events that
secara negatif, oleh peristiwa yang secara wajar       could reasonably be expected. Furthermore, it is
dapat diperkirakan. Lebih lanjut, kami juga            important to note that no internal control system
menyatakan bahwa tidak ada sistem pengendalian         can guarantee absolute assurance against the
internal yang dapat memberikan absolute                incidence of material errors, poor judgment in
assurance dalam hal ini, terhadap terjadinya           decision making, human errors, losses, fraud or
kesalahan material, penilaian yang buruk dalam         other irregularities.
pengambilan keputusan, kesalahan manusia,
kerugian, penipuan atau penyimpangan lainnya.




UNIT MANAJEMEN RISIKO
DAN KEBERLANJUTAN
Risk Management and Sustainability Unit

Unit Manajemen Risiko dan Keberlanjutan                The Risk Management and Sustainability Unit
dibentuk     untuk    melakukan       pengawasan       is established to oversee the implementation
dan pengelolaan risiko serta meningkatkan              of the risk management system as well as to
keberlanjutan Perusahaan. Unit ini mendorong           enhance the Company’s sustainability concerns.
penerapan kebijakan dan sistem manajemen               The unit also aims to encourage the policy
risiko dan keberlanjutan di seluruh bidang operasi     implementation and risk management system
Perusahaan.                                            within the Company’s business operations.




                                                                              2024 ANNUAL REPORT       183
Page 184
      Governansi Perusahaan




 Pengangkatan dan Pemberhentian Kepala Unit                Appointment and Dismissal of the Unit Head
 Unit Manajemen Risiko dan Keberlanjutan                   The Risk Management and Sustainability
 bertanggung jawab kepada Direktur Utama                   Unit is responsible to the President Director
 dan secara fungsional kepada BOC melalui                  and functionally to the BOC through the
 Komite Audit. Unit ini bertanggung jawab untuk            Audit Committee. Its primary responsibility
 memastikan pelaksanaan sistem manajemen                   ensures and access the implementation
 risiko, melakukan evaluasi penerapan sistem,              of risk management system and providing
 serta memberikan rekomendasi-rekomendasi                  enhancement recommendations for aligned
 perbaikan yang sesuai dengan situasi bisnis               with the Company’s business situations.
 Perusahaan.

 Semua kegiatan yang dilaksanakan oleh Unit ini            All activities undertaken by this unit were
 dilandaskan kepada Kerangka Manajemen Risiko              conducted in accordance with the Risk
 yang telah disahkan oleh Direksi dan BOC pada             Management Framework which was approved
 tanggal 26 September 2021.                                by the Directors and the BOC on September 26th,
                                                           2021.

 Unit ini dipimpin oleh Kepala Unit Manajemen              This Unit was led by the Head of the Risk
 Risiko dan Keberlanjutan. Pada tanggal 31                 Management and Sustainability Unit, M. Reza
 Desember 2024, M. Reza Abdulmajid memimpin                Abdulmajid on December 31st, 2024. The unit
 unit ini dibantu oleh 12 (dua belas) anggota Unit.        was assisted by 12 (twelve) members, who report
 Anggota unit bertanggung jawab langsung                   directly to the Unit Head.
 kepada Kepala Unit.

 Berikut adalah profil Kepala Unit Manajemen               Below is the profile of the Head of the Risk
 Risiko dan Keberlanjutan.                                 Management and Sustainability Unit.




      M. REZA ABDULMAJID
      Kepala Unit Manajemen Risiko dan Keberlanjutan
      Head of Risk Management and Sustainability Unit


      Menjabat Sejak – Serving Since

                                                                   2013

      Kewarganegaraan – Citizenship

                                                  Indonesia Indonesian



      Domisili – Domicile

                                                                Jakarta

      Usia – Age

      Riwayat Pendidikan – Education                 50 tahun years old

      –   Master of Commerce, Macquarie University, Sydney, Australia
          (2001)
      –   Sarjana Teknik Mesin jurusan Teknik Industri, Universitas
          Indonesia (1998)
          Bachelor of Mechanical Engineering, majoring in Industrial
          Engineering, the University of Indonesia (1998)
      Sertifikasi – Certification

      Certified Financial Risk Manager (FRM), Global Association of Risk
      Professionals (GARP) (2008)




184       LAPORAN TAHUNAN 2024
Page 185
    Corporate Governance                                                          PT Duta Pertiwi Tbk



Pengalaman Profesional – Professional Experience        Rangkap Jabatan – Concurrent Position

                                                        –   Ketua Unit Manajemen Risiko dan Keberlanjutan di
                                                            PT Bumi Serpong Damai Tbk (sejak 2013)
–   Risk Advisory Services Director, KPMG, Siddharta        Head of Risk Management and Sustainability Unit
    Consulting (2005-2013)                                  in PT Bumi Serpong Damai Tbk (since 2013)
–   Risk Advisory Services Associate Manager, Ernst &   –   Ketua Unit Manajemen Risiko di PT Puradelta Lestari
    Young (2002-2005)                                       Tbk (sejak 2013)
                                                            Head of Risk Management Unit in PT Puradelta
                                                            Lestari Tbk (since 2013)




Tugas dan Tanggung Jawab                                Duties and Responsibilities
Tugas dan tanggung jawab Unit Manajemen                 The duties and responsibilities of the Risk
Risiko dan Keberlanjutan sesuai Kerangka                Management and Sustainability Unit based on
Manajemen Risiko adalah sebagai berikut:                the Management Risk Framework are as follows:

1. Memimpin keseluruhan aktivitas Enterprise            1. Provide overall leadership in Enterprise Risk
   Risk Management (ERM);                                  Management (ERM) activities;
2. Memastikan sumber daya yang diperlukan               2. Ensure the availability of the human resources
   tersedia untuk implementasi kerangka                    to effectively implement the ERM framework
   ERM dan pengelolaan risiko yang efektif di              and manage risks within the Company;
   Perusahaan;
3. Mengkaji risiko-risiko utama bisnis, termasuk        3. Review the key business risks, including ESG-
   risiko terkait ESG dan kecukupan dari tindak            related risks and adequacy of management’s
   lanjut manajemen untuk memitigasi risiko-               actions in managing them;
   risiko tersebut;
4. Menetapkan risk appetite dan parameternya,           4. Determine the Company’s risk appetite and
   serta menyetujui risk profile (strategi, mitigasi       its parameters, as well as approve risk profile
   dan penilaian risiko) Perusahaan;                       (risk strategy, mitigation and assessment);
5. Memberikan update kepada Direktur Utama              5. Update periodically the President Director
   dan Wakil Direktur Utama secara periodik atas           and Vice President Director on the Company’s
   profil risiko Perusahaan dan status mitigasi;           risk profile and mitigation status;
6. Memastikan keselarasan antara tujuan ERM             6. Ensure alignment between the ERM
   dan tujuan bisnis dan strategi Perusahaan;              objectives and the Company’s business
   dan                                                     objectives and strategies; and
7. Menetapkan akuntabilitas dan tanggung                7. Assign accountabilities and responsibilities
   jawab pada tingkat yang sesuai di seluruh               at appropriate levels across the Company.
   Perusahaan.


Pengembangan Kompetensi                                 Competency Development
Sepanjang tahun 2024, program pengembangan              Throughout 2024, the Risk Management and
dan sertifikasi yang diikuti oleh Unit Manajemen        Sustainability Unit participated in various
Risiko dan Keberlanjutan adalah:                        development and certification programs as
                                                        outlined below:




                                                                                 2024 ANNUAL REPORT          185
Page 186
      Governansi Perusahaan




                                                                                                       Pelaksana
  Nama              Topik                                               Tanggal            Tempat
                                                                                                       Provider/
  Name              Subject                                             Date                Venue
                                                                                                       Facilitator


                    Risk Management Awareness for Risk                            Maret
                                                                         7        March                CRMS Indonesia
                    Champion


                    Knowledge Sharing Session: Personal Data                      Mei                  Deloitte
                                                                        22        May                  Indonesia
                    Protection Awareness
                                                                                           BSD City
                    Executive Mandatory Program: Shared
  M. Reza                                                                         Juli
                    Leadership - Lesson Learned in Automotive           26        July                 MDI
  Abdulmajid        and Finance Industry

                    Executive Mandatory Program: Emerging                                              Monash
                                                                        24                             University
                    Trend Shaping Future City Design
                                                                              Agustus
                                                                              August
                    ESG & Sustainability Awareness for SR                                              Deloitte
                                                                        29                  Online     Indonesia
                    Champion

                                                                                                       Inhouse/
                    Knowledge Sharing Session: Induction on                                            Waste4Change
                    Responsible Waste Management in Sinar Mas           28    Februari                 - Mohamad
                                                                              February
                    Land                                                                               Bijaksana
                                                                                                       Junerosano

                    Risk Management Awareness for Risk                            Maret
                                                                         7        March                CRMS Indonesia
                    Champion


                    Knowledge Sharing Session: Personal Data                               BSD City
                                                                        22                             Deloitte
                    Protection Awareness                                                               Indonesia
                                                                                  Mei
                                                                                  May
                    Executive Mandatory Program: Cultivating                                           Inhouse/Kalbe
                                                                        17
                    Collaboration across Strategic Business Unit                                       Farma

  Ramzi Rinaldhi    Executive Mandatory Program: Shared
                    Leadership: Lesson Learned in Automotive and        26        Juli                 MDI
                                                                                  July
                    Finance Industry

                    ESG & Sustainability Awareness for SR                     Agustus                  Deloitte
                                                                        29    August        Online     Indonesia
                    Champion


                    Unlocking Visitor Trends: GIIAS 2024 & The
                                                                        19   September
                    Breeze Visitor Insight
                                                                                           BSD City
                    Green Initiative Talk: Eco-Friendly Living: Small         Oktober                  Inhouse
                                                                        10    October
                    Changes, Big Impact


                    Risk Beyond 2024                                     6   Desember       Online
                                                                             December

                    Executive Mandatory Program: Shared
                    Leadership - Lesson Learned in Automotive           26        Juli                 MDI
                                                                                  July
                    and Finance Industry
                                                                                           BSD City
                    Executive Mandatory Program: Emerging                                              Monash
                                                                        24                             University
                    Trend Shaping Future City Design
                                                                              Agustus
                                                                              August
  Gulfano           ESG & Sustainability Awareness for SR
                                                                        29                 InHouse     Deloitte
  Yasabuwana        Champion


                    Sinar Mas Shared Values                             30   September    E-Learning   Inhouse



                    Risk Beyond 2024                                     6   Desember      InHouse     CRMS Indonesia
                                                                             December




186      LAPORAN TAHUNAN 2024
Page 187
   Corporate Governance                                                                    PT Duta Pertiwi Tbk



                                                                                                         Pelaksana
 Nama                Topik                                               Tanggal             Tempat
                                                                                                         Provider/
 Name                Subject                                             Date                 Venue
                                                                                                         Facilitator

 Abdurrahman         ESG & Sustainability Awareness for SR                       Agustus                 Deloitte
                                                                          29     August       Online     Indonesia
 Hakim Soesilo       Champion

 Adri Andrian        Risk Management Awareness for Risk                            Maret
                                                                           7       March     BSD City    CRMS Indonesia
 Furqon              Champion

 Aldi Pratama        Socialization on Reporting to Financial                       Juni
                                                                           4       June      Webinar     PPATK
 Irawan              Transaction Reports and Analysis Centre
                                                                                                         Enterprise Risk
 Anggayasti                                                                        Juli                  Management
                     Renewal ERMA Certification: ERMCP                     12      July       Jakarta
 Hayu Anindita                                                                                           Academy
                                                                                                         (ERMA)
                                                                                                         Binnovate
                                                                                   Juli
 Astian Qintara      Driving Execution for Better Improvement              5       July       Online     Prima Solusi
                                                                                                         (BINUS)

 Aufi
                     Develop Critical Thinking, Decision-Making,                   Juli                  Linkedin
 Belladiena                                                                2       July     E-Learning   Learning
                     and Problem-Solving Skills
 Haq

 Faris Afif                                                                      Oktober
                     ERM Certified Professional                            18    October      Jakarta    CRMS Indonesia
 Saifuddin

 Florentina                                                                                              National Center
                                                                                 Agustus                 for Corporate
 Krisanti            ISSB Standards Training Course                        21    August       Jakarta
                                                                                                         Reporting
 Sekarwiti                                                                                               (NCCR)

                     APAC Corporates Stable Cash Holdings Amid                   Oktober
 Ivan Wibowo                                                              29     October     Webinar     Moodys Ratings
                     Divergent Capital Spending

 Lukman                                                                            Juni
                     Whistleblowing                                        9       June     E-Learning   Inhouse
 Permadi
                                                                                                         Enterprise Risk
 Rangga                                                                            Mei                   Management
                     Renewal ERMA Certification: ERMCP                     12      May        Jakarta
 Adisapoetra                                                                                             Academy
                                                                                                         (ERMA)

 Sarah Audadi
                     Fraud Awareness                                       16      April    E-Learning   Inhouse
 Ilham


Laporan Ringkas Tahun 2024                                     Brief Report on Activities in 2024
Sepanjang tahun 2024, Unit Manajemen Risiko dan                Throughout 2024, the Risk Management and Sustainability
Keberlanjutan telah melakukan kegiatan berikut:                Unit has undertaken the following activities:
1. Pelaporan kepada BOC mengenai ESG Management                1. Reporting to the BOC on ESG Management, had been
   telah diselenggarakan pada tanggal 18 Maret 2024 dan           held on March 18th, 2024 and November 26th, 2024.
   26 November 2024.
2. Sebagai bagian dari proses manajemen risiko, penilaian      2. As a part of risk management process, risk re-
   ulang risiko yang melibatkan seluruh fungsi bisnis dan         assessment process that involved all business and
   operasional di Perusahaan telah diselenggarakan pada           operational functions in the Company was held in the
   periode kuartal ke-2 dan ke-3 tahun 2024.                      2nd and 3rd quarter of 2024.
3. Sosialisasi berkala terkait proses manajemen risiko yang    3. Periodical socialization on risk management process
   turut mengikutsertakan pembicara eksternal dilakukan           that involved external speaker were held to update the
   untuk pengkinian pemahaman Risk Champion dari                  understanding of Risk Champions of all business and
   seluruh fungsi bisnis dan operasional terkait Leading          operational function related to the current Leading
   Practice manajemen risiko saat ini.        Hal ini juga        Practice risk management. It covers the socialization
   mencakup sosialisasi tools Enterprise Risk Management          of tools of Enterprise Risk Management (ERM) system
   (ERM) system yang dilakukan bersamaan dengan                   held together with re-assessment risk activities held in
   kegiatan pengkajian ulang risiko yang diselenggarakan          the 2nd and 3rd quarter of 2024.
   pada periode kuartal ke-2 dan ke-3 tahun 2024.
4. Pada tahun 2024, 4 dari 10 anggota tim di divisi ERM        4. In 2024, four of ten team members in ERM division
   telah mendapatkan sertifikasi dari lembaga sertifikasi         were certified by risk management certification
   manajemen risiko yang diakui di Indonesia. Secara              institutions that have been recognized in Indonesia.



                                                                                           2024 ANNUAL REPORT              187
Page 188
      Governansi Perusahaan




      keseluruhan 8 dari 10 anggota tim telah tersertifikasi              In overall, eight of ten team members have been
      baik dari lembaga sertifikasi manajemen risiko yang                 certified by risk management certification institutions
      diakui di Indonesia maupun internasional.                           that have been recognized both in Indonesia and in
                                                                          the world.
 5.  Sebagai bagian dari manajemen risiko operasional dan            5.   As a part of operational risk management and to
     dalam rangka mendukung bisnis serta operasional                      support the Company’s business and operations, risk
     Perusahaan, tim manajemen risiko telah melakukan                     management team conducted the following activities:
     beberapa kegiatan sebagai berikut:
     a. Review berkala atas pengendalian internal, yaitu                  a. Periodical review on internal control, namely to
          mengevaluasi      efektivitas    pengendalian      dan             evaluate the effectiveness of control and to monitor
          memonitor tindak lanjut perbaikan yang diperlukan                  the follow-ups on needed improvement with related
          bersama unit bisnis terkait.                                       business units.
     b. Observasi berkala atas penerapan penanganan                       b. Periodical observation on the implementation of fire
          bencana kebakaran (misalnya melalui pelatihan                      handling (e.g. by doing fire drill) in priority business
          respon kebakaran) di lokasi proyek unit bisnis prioritas           units’ projects in 2024.
          di tahun 2024.
     c. Observasi berkala atas penerapan pengujian                      c. Periodical observation on the implementation of
          keamanan teknologi informasi (security) pada objek                 information technology security test on objects and
          dan di lokasi proyek prioritas di tahun 2024.                      locations of priority projects in 2024.
 6. Sebagai bagian dari penerapan Business Continuity                6. As part of Business Continuity Management (BCM)
     Management (BCM), tim manajemen risiko telah                       implementation, the risk management team had
     melakukan pemutakhiran atas Business Impact Analysis               updated Business Impact Analysis (BIA) on critical
     (BIA) pada unit bisnis kritikal di Perusahaan melalui              business units in the Company through desktop review
     desktop review dan workshop dengan manajemen                       and workshops with senior management and related
     senior dan direktur unit bisnis terkait.                           business unit directors.
 7. Sebagai bagian Risk Analytics and Modelling, tim                 7. As a part of Risk Analytics and Modelling, the risk
     manajemen risiko melakukan analisis data dan                       management team had analyzed data and risk
     pengembangan model risiko yang menggunakan                         model development that uses internal and external
     data internal dan eksternal makroekonomi yang turut                macroeconomic data that were also monitored
     dipantau secara reguler sebagai Key Risk Indicator (KRI).          regularly as Key Risk Indicator (KRI).
 8. Sebagai bagian dari perbaikan berkelanjutan dari                 8. As a part of continuous improvement of the
     penerapan manajemen risiko, tim ERM telah melakukan                implementation of risk management, the ERM team
     pemutakhiran daftar risiko dan pengendalian internal               had updated risk lists and internal controls that were
     yang disesuaikan dengan proses bisnis terbaru serta                adjusted to the newest business process and to the
     melakukan integrasi dengan ESG Risk sebagai Emerging               integration with the ESG Risk and Emerging Risks
     Risk di tahun 2024. Implementasi manajemen risiko                  in 2024. The risk management implementation also
     juga secara bertahap melibatkan control owner dari                 gradually involve control owners from business process
     proses bisnis dengan dukungan dari Risk Champion di                with the support of Risk Champion in the related
     unit bisnis terkait. Tim ERM juga melakukan kunjungan              business units. The ERM team also conduct physical
     fisik ke beberapa proyek unit bisnis di tahun 2024                 visits to several business units’ projects in 2024 to provide
     untuk memberikan pelatihan kepada tim operasional                  trainings to the operational team to help improve the
     sehingga membantu meningkatkan pemahaman                           understanding of risk management to create strong
     manajemen risiko guna menciptakan Budaya Risiko                    Risk Culture.
     (Risk Culture) yang kuat.
 9. Melanjutkan        pelaksanaan      pengelolaan     sampah       9. Continued sustainable waste management in all
     berkelanjutan di seluruh area residensial dan komersial             residential and commercial areas managed by the
     yang dikelola oleh Perusahaan.                                      Company.
 10. Melanjutkan pelaksanaan penggunaan Renewable                    10. Continued the use of Renewable Energy Certificate
     Energy Certificate (REC) pada gedung dengan sertifikasi             (REC) on buildings with Green Building certification.
     Green Building.
 11. Melakukan serangkaian aktivitas pelibatan pemangku              11. Conducted a series of activities to involve stakeholders
     kepentingan dalam rangka memperbaharui materialitas                 to update the ESG materiality based on internal reviews
     ESG berdasarkan kajian internal dan pelibatan                       and stakeholders involvement.
     pemangku kepentingan.
 12. Pengembangan lanjutan Sustainability Reporting (SR)             12. Advanced development of Sustainability Reporting (SR)
     System, untuk pengumpulan data keberlanjutan.                       System, to collect sustainability data.




188      LAPORAN TAHUNAN 2024
Page 189
    Corporate Governance                                                       PT Duta Pertiwi Tbk




SISTEM MANAJEMEN RISIKO
Risk Management System
[SEOJK 2.g.12]




Sejak 1 Juli 2013, Perusahaan telah menerapkan         Since July 1st, 2013, the company has implemented
Kerangka Manajemen Risiko Perusahaan (ERM)             the Corporate Risk Management Framework
yang telah diperbaharui beberapa kali dengan           (ERM), which has undergone multiple updates,
pembaharuan terakhir pada 26 September 2021.           with the latest revision dated September 26th,
Kerangka ERM bertujuan untuk melindungi                2021. This framework is dedicated to safeguarding
kepentingan semua pemangku kepentingan.                all stakeholders through comprehensive and
Kerangka ERM ini secara berkesinambungan               systematic risk management practices. Regular
dievaluasi penerapan dan efektivitasnya.               assessments are conducted to evaluate both the
                                                       execution and efficacy of the framework.

Sejak 2021, Perusahaan makin sadar akan                Since 2021, the Company has recognized its
dampaknya yang signifikan dan makin luas               escalating influence on an expanding array of
kepada makin banyak pemangku kepentingan.              stakeholders. Consequently, the ERM framework
Karena itu, ERM diperbaharui sehingga mampu            has undergone enhancements to broaden the
memperluas lingkup penerapan manajemen                 spectrum of risk management practices and now
risiko yang mencakup isu-isu terkait keberlanjutan     encompasses issues related to the Company’s
Perusahaan, termasuk di dalamnya risiko-risiko         sustainability, incorporating risks associated with
terkait Lingkungan, Sosial dan Governansi (ESG),       Environmental, Social and Governance (ESG),
serta perubahan iklim. Risiko-risiko terkait ESG       alongside climate change. Notably, ESG-related
diintegrasikan ke dalam kategori risiko yang telah     risks have been integrated within the current risk
ada dan tidak membuat kategori risiko yang             categories rather than being established as a
terpisah.                                              distinct category.

Direksi akan terus menerus memperbaharui               The Directors will regularly update the risk
sistem manajemen risiko secara berkala agar            management system to ensure it remains
tetap selaras dengan visi, misi, tujuan, sasaran dan   aligned with the Company’s vision, mission, goals,
strategi jangka panjang Perusahaan. [PUGKI 1.1.3]      objectives and long-term strategies.

Kami menerapkan prinsip-prinsip ERM berstandar         We implement globally recognized ERM principles
internasional     yang       disesuaikan     dengan    tailored to the Company’s specific business
lingkungan bisnis dan budaya Perusahaan, yaitu         environment and culture, namely:
sebagai berikut:
a. ERM merupakan bagian tidak terpisahkan              a. ERM constitutes a integral part across
   dari seluruh proses dalam organisasi dan akan          all organizational processes, ensuring its
   dilekatkan pada semua aktivitas, proses dan            integration into every activity, procedure, and
   sistem;                                                system;
b. ERM merupakan bagian tidak terpisahkan dari         b. ERM is an integral part of the decision-making
   proses pengambilan keputusan;                          processes;
c. ERM didasarkan pada informasi risiko yang           c. ERM is based on available risk information;
   tersedia;
d. ERM merupakan proses yang dinamis, dapat            d. ERM is a dynamic process, iterative, responsive
   diulang (iteratif), responsif terhadap perubahan       to change and adaptable;
   dan dapat disesuaikan;
e. ERM disesuaikan dan mendukung tujuan                e. ERM is customized and supports strategic and
   strategis dan bisnis;                                  business goals;
f. ERM merupakan proses yang digerakkan                f. ERM is a process driven by the involvement of
   oleh keterlibatan sumber daya manusia                  human resources and fostering accountability
   dan menciptakan tanggung jawab secara                  across all involved parties;
   menyeluruh dari semua pihak;



                                                                              2024 ANNUAL REPORT        189
Page 190
      Governansi Perusahaan




 g. ERM merupakan proses yang senantiasa                g. ERM is an ongoing process which requires
    berevolusi dan memerlukan pengembangan                 continual development.
    yang berkesinambungan.

 Implementasi Kerangka ERM secara spesifik              The application of the ERM Framework specifically
 bertujuan mencapai hal berikut:                        aims to accomplish the following:
 a. Memfasilitasi identifikasi dari risiko bisnis dan   a. Facilitate the identification of business risks and
    potensi dampak yang mungkin terjadi, baik              assess their potential impact, whether positive
    positif maupun negatif, dalam pencapaian               or negative, in achieving the Company’s
    target bisnis Perusahaan;                              strategic goals;
 b. Mengembangkan dan mengilhami budaya                 b. Develop and instill a corporate risk culture
    risiko Perusahaan;                                     within the Company;
 c. Mendorong pengambilan risiko yang sesuai            c. Encourage desired risk taking behaviors;
    dengan ekspektasi Perusahaan;
 d. Mendukung pengambilan keputusan berbasis            d. Promote the adoption of risk-based decision
    risiko;                                                making;
 e. Menetapkan peran dan tanggung jawab ERM             e. Define distinct roles and responsibilities for
    secara jelas dalam Perusahaan;                         ERM across the Company;
 f. Mendorong informasi terkait risiko Perusahaan       f. Promote timely and accurate Company-
    yang tepat waktu dan akurat; dan                       related risk information; and
 g. Meningkatkan kesiapan Perusahaan dalam              g. Enhance the Company’s readiness to
    menghadapi risiko-risiko yang mungkin terjadi.         manage risks.




190      LAPORAN TAHUNAN 2024
Page 191
                     Corporate Governance                                                                 PT Duta Pertiwi Tbk



                  Pemetaan dan Mitigasi Risiko                                 Risk Mapping and Mitigation
                  Proses pemetaan dan pengukuran risiko                        The Company engages in a comprehensive
                  yang dilakukan Perseroan terhadap berbagai                   process of mapping and evaluating risks across
                  aspek dalam operasinya. Proses ini juga                      different aspects of its operations. This process
                  mempertimbangkan perubahan lingkungan,                       takes into account environmental changes,
                  baik faktor eksternal maupun internal.                       both external and internal factors.

                  Kami mengklasifikasikan risiko yang dihadapi                 We classify the Company’s risks into five
                  Perusahaan menjadi 5 (lima) kategori. Masing-                categories. Each category is supplemented by
                  masing kategori diperlengkapi dengan sistem                  its corresponding mitigation system, outlined as
                  mitigasi masing-masing sebagai berikut:                      follows:
                  [SEOJK 2.g.12.b] [ACGS D.3.19]




                  Mengkaji instrumen            Pengendalian         Komunikasi yang            Memberikan               Melakukan
                    keuangan yang               internal yang       aktif dan hubungan            informasi         identifikasi, evaluasi
                   sensitif terhadap             kuat untuk             baik dengan           mengenai pasar            dan mitigasi
                       suku bunga,              menjaga hasil          otoritas terkait,     dan pesaing agar          terhadap risiko
Mitigasi Risiko




                       lindung nilai          pengembangan            asosiasi properti       unit kerja terkait   utama pada masing-
                    alami terhadap            proyek, termasuk        dan melakukan          dapat mengambil          masing unit kerja
                   mata uang asing,           ketepatan waktu           pemantauan           langkah-langkah       yang tertuang dalam
                  pemantauan pasar              penyelesaian              terhadap             mitigasi risiko         profil risiko unit
                   dan memastikan              proyek, kualitas         perubahan-             strategis yang        kerja. Tingkat risiko
                    risiko minimum           dan efisiensi biaya,        perubahan               diperlukan.        dan kecukupan dari
                      atas volatilitas       dan rasio Customer        perundangan-                                   kontrol yang ada
                  investasi, menjaga             Acceptance.        undangan maupun                                 akan ditinjau setiap
                      kemampuan                                          kepatuhan.                                 tahun dan langkah-
                       pembiayaan                                                                                    langkah perbaikan
                  terhadap kegiatan                                                                                    diawasi secara
                       operasional.                                                                                         berkala.


                                                                     Risiko Hukum/                                      Risiko
                        Risiko                                         Kepatuhan                  Risiko
                                              Risiko Proyek                                                           Operasional
                      Keuangan                                                                   Strategis
                                               Project Risks            Legal/                                         Operational
                   Financial Risks                                                           Strategic Risks
                                                                    Compliance Risks                                     Risks


                  Reviewing financial          Strong internal             Active                   Provide             Identifying,
                   instruments that               control to          communication              information          evaluating and
                    are interest-rate           maintain the        and good relations          related to the        mitigating the
Risk Mitigation




                   sensitive, natural         results of project       with relevant             market and            major risk in
                   hedging towards              development,             authorities,          competitors to         each work unit
                   foreign currency,              including               property            the relevant work       as indicated in
                  market monitoring               timeliness         associations and          units, enabling       the work unit risk
                   and maintaining                of project        observing changes         them to take the      profile. The risk level
                    minimum risks            completion, quality     in legislation and      required actions to    and and adequacy
                     on investment           and cost efficiency,       compliance.           mitigate strategic         of existing
                         volatility,           and Customer                                          risks.           controls will be
                      maintaining             Acceptance ratio.                                                     reviewed annually
                        financing                                                                                     and corrective
                      capability on                                                                                       measures
                       operational                                                                                       monitored
                        activities.                                                                                       regularly.



                  Selain itu, untuk risiko-risiko yang terkait dengan          In addition, to address risks associated with
                  Teknologi Informasi (TI), Perusahaan juga telah              Information Technology (IT), the Company has
                  menyusun IT Disaster Recovery Plan (ITDRP)                   developed an IT Disaster Recovery Plan (ITDRP)
                  dengan didasarkan oleh kajian mendalam atas                  based on a comprehensive analysis of the
                  risiko-risiko utama terkait dengan bidang tersebut.          main risks in this area. The ITDRP outlines the
                  ITDRP mendeskripsikan kerangka kerja, strategi               framework, strategies and guidelines necessary
                  dan panduan untuk memulihkan infrastruktur                   for restoring infrastructure and facilities following
                  dan fasilitas dari gangguan yang berdampak                   disruptions that affect IT services. The guidelines
                  terhadap gangguan dan layanan TI. Pedoman                    for the ITDRP are detailed in policy No.ERM-04,
                  ITDRP tertuang pada kebijakan No.ERM-04                      dated December 16th, 2014 and have been in effect
                  tanggal 16 Desember 2014 dan telah diterapkan                since 2014, alongside the implementation of risk
                  sejak tahun 2014 bersamaan dengan penerapan                  management practices.
                  manajemen risiko. [ACGS (B)D.5.1] [PUGKI 1.1.6.2]


                                                                                                         2024 ANNUAL REPORT             191
Page 192
      Governansi Perusahaan




 Tinjauan atas Efektivitas Sistem Manajemen            Review of the Efficacy of the Risk Management
 Risiko [SEOJK 2.g.12.b] [ACGS D.3.18] [PUGKI 1.3.7]   System
 Direksi dan BOC menilai bahwa sistem manajemen        The Directors and the BOC assessed that the risk
 risiko pada tahun 2024 telah dilakukan secara         management system in 2024 has been carried
 tepat dan efektif. Semua risiko yang muncul           out appropriately and effectively. All potential
 telah teridentifikasi dan telah memiliki langkah      risks have been identified and corresponding
 mitigasi sebelum terjadi. Sebagian besar proses       mitigation strategies have been available prior to
 bisnis telah menjadi bagian di dalam sistem           happening. Most business processes have been
 manajemen risiko.                                     integrated into the risk management framework.

 Lebih lanjut, manajemen risiko secara konsisten       Moreover, the risk management is consistently
 disosialisasikan di semua level Perusahaan            communicated throughout all tiers of the
 sehingga dapat dipahami dan diinternalisasi           Company to ensure comprehension and
 oleh semua karyawan Perusahaan. Sosialisasi           assimilation by all employees. This dissemination
 dilakukan melalui komunikasi langsung maupun          is facilitated through direct communication and
 situs internal Perusahaan.                            the Company’s internal website.


 Pernyataan Direksi atas Kecukupan Sistem              Director’s Statement regarding the Adequacy
 Manajemen Risiko [SEOJK 2.g.12.c] [ACGS D.3.20]       of the Risk Management System
 Kami menegaskan bahwa penerapan manajemen             We confirm that the risk management
 risiko untuk tahun buku yang berakhir pada            implemented for the financial year ending
 tanggal 31 Desember 2024 telah memberikan             December 31st, 2024 has presented reasonable
 reasonable assurance, tetapi tidak absolut,           assurance, though not absolute. The Company
 Perusahaan tidak akan terpengaruh secara              will not be negatively affected by events that
 negatif, oleh peristiwa yang secara wajar dapat       could reasonably be expected. Furthermore, it is
 diperkirakan. Lebih lanjut, kami juga menyatakan      important to note that no internal control system
 bahwa tidak ada manajemen risiko yang dapat           can guarantee absolute assurance, against the
 memberikan absolute assurance dalam hal ini,          incidence of material errors, poor judgment in
 terhadap terjadinya kesalahan material, penilaian     decision making, human errors, losses, fraud or
 yang buruk dalam pengambilan keputusan,               other irregularities.
 kesalahan manusia, kerugian, penipuan atau
 penyimpangan lainnya.




192      LAPORAN TAHUNAN 2024
Page 193
    Corporate Governance                                                     PT Duta Pertiwi Tbk




PERKARA HUKUM PENTING
Substantial Legal Cases
[SEOJK 2.g.13]




Kami tidak menghadapi perkara hukum yang            As of December 31st, 2024, there have been no
signifikan sampai dengan 31 Desember 2024, yang     notable legal cases involving members of the
melibatkan para anggota BOC maupun Direksi.         BOC or the Directors.

Kami berkeyakinan bahwa kewajiban yang              We believe that any potential liabilities stemming
mungkin timbul atas gugatan hukum atau              from legal actions or claims by third parties will
tuntutan dari pihak ketiga, jika ada, tidak akan    have minimal impact on our future financial
mempengaruhi posisi keuangan dan hasil operasi      position and operational results. Furthermore, the
di masa yang akan datang secara signifikan. Dari    Company has not incurred any administrative
permasalahan hukum yang terjadi tidak ada sanksi    penalties related to legal matters.
administratif yang dikenakan kepada Perusahaan.
[SEOJK 2.g.13.c]


Perusahaan memiliki Divisi Hukum yang bertugas      The Company has a Legal Division responsible for
menjaga kepentingan Perusahaan dari sisi hukum      protecting the Company’s interests and ensuring
serta memastikan bahwa kegiatan kami berada         compliance with pertinent laws and regulations.
dalam koridor hukum dan perundang-undangan
yang berlaku.

Perkara Penting yang Dihadapi Perusahaan            The Subsidiaries’ s Substantial Lawsuits
Pada tahun 2024, perkara hukum dan kewajiban        In 2024, legal cases and contingencies that
bersyarat yang masih dihadapi Perusahaan telah      are currently faced by the Company have
tertuang dalam Laporan Keuangan Konsolidasi         been disclosed in the Company’s Consolidated
Perusahaan untuk tahun yang berakhir pada 31        Financial Statements for the years ended
Desember 2024 dan 2023, Catatan No.45 tentang       December 31st, 2024 and 2023, Note No.45
Perkara Hukum dan Kewajiban Bersyarat adalah        regarding Legal Cases and Conditional Liability
sebagai berikut:                                    are as follows:

Perusahaan menghadapi enam (6) gugatan              The Company is a party to six (6) lawsuits
oleh pihak ketiga, mengenai sertifikat Hak          in connection with the Building Use Rights
Guna Bangunan (HGB). Perusahaan telah               Certificate (HGB). The Company has won all the
memenangkan seluruh perkara tersebut di             cases in the High Court of DKI Jakarta. Six (6) cases
tingkat banding di Pengadilan Tinggi DKI            have been ruled in favor to the Company based
Jakarta. Di tingkat kasasi, enam (6) perkara        on the Supreme Court. As of date of completion
telah dimenangkan oleh Perusahaan. Sampai           of the consolidated financial statements, three
dengan tanggal penyelesaian laporan keuangan        (3) cases in MARI were settled and have been
konsolidasian, tiga (3) perkara di tingkat          decided in favor of the Company and three (3)
MARI telah diputus yang dimenangkan oleh            cases have not been announced whether the
Perusahaan dan tiga (3) perkara belum ada           third parties will appeal for reevaluation.
pemberitahuan apakah pihak ketiga akan
mengajukan peninjauan kembali.

Perusahaan menghadapi delapan (8) perkara           The Company is a party in eight (8) lawsuits
mengenai HGB. Perusahaan telah memenangkan          in connection with the Building Use Rights
perkara tersebut. Pihak penggugat dari seluruh      Certificate. The Company has won those cases.
perkara tersebut mengajukan banding dan sudah       The plaintiff of all those lawsuits filed for appeal.
diputus dan dimenangkan oleh Perusahaan. Dari       All cases were settled in an appeal process and
delapan (8) perkara banding yang telah putus,       had been decided in favor of the Company.
tujuh (7) perkara naik ke tingkat kasasi dan satu   Whereas, those eight (8) cases were settled,
(1) perkara sudah memiliki kekuatan hukum           seven (7) cases entered appeal process and


                                                                            2024 ANNUAL REPORT         193
Page 194
      Governansi Perusahaan




 tetap, karena pihak ketiga tidak melakukan upaya     one (1) case already had permanent legal force,
 hukum kasasi ke MARI. Pada perkara di tingkat        because a third party did not file an appeal to
 kasasi sudah diputus tujuh (7) perkara oleh MARI     MARI. In Supreme Court, seven (7) cases were
 pada yang dimenangkan oleh Perusahaan.               settled by the MARI and have been decided in
 Dari tujuh (7) perkara di tingkat kasasi tersebut,   favor of the Company. From those seven (7) cases
 terdapat tiga (3) perkara yang telah diputus         at the cassation level, three (3) cases were settled
 di tingkat peninjauan kembali oleh MARI dan          on and have verdict in favor of the Company.
 dimenangkan oleh Perusahaan.

 Perkara Penting yang Dihadapi Entitas Anak           The Subsidiary’s Substantial Lawsuits
 Pada tahun 2024, tidak ada perkara hukum             In 2024, the Company did not encounter any
 dan kewajiban bersyarat baru yang dihadapi           new legal matters or contingencies, as refer to
 Perusahaan, sebagaimana yang tertuang dalam          the Consolidated Financial Statements of the
 Laporan Keuangan Konsolidasi Perusahaan untuk        Company for the year ending on December 31st,
 tahun yang berakhir pada 31 Desember 2024 dan        2024 and 2023 Note No.45 on Legal Matters and
 2023, Catatan No.45 tentang Perkara Hukum dan        Contingencies.
 Kewajiban Bersyarat.




194      LAPORAN TAHUNAN 2024
Page 195
   Corporate Governance                                                                PT Duta Pertiwi Tbk




INFORMASI TENTANG SANKSI
ADMINISTRATIF
Information about Administrative Sanctions
[SEOJK 2.g.14]



Pada tahun 2024, Perusahaan maupun Entitas                 In 2024, neither the Company nor the Subsidiaries
Anak, tidak dikenakan sanksi administratif                 has been subjected to administrative or non-
maupun non administratif.                                  administrative sanctions.


 Pelanggaran yang Dilakukan Perusahaan                Violation by the Company                             2024


 Kelalaian memberikan hak yang setara kepada          Negligence grants equal rights to all shareholders
 semua pemegang saham dalam hal penjualan             regarding the sale of new shares or repurchase
 saham baru atau pembelian kembali saham.             shares.                                               X



 Kelalaian memberikan hak yang setara kepada          Negligence grants equal rights to all shareholders
 semua pemegang saham dalam hal keterbukaan           in terms of information disclosure.
 informasi.                                                                                                 X



 Kelalaian menyatakan     mata   acara   di   dalam   Failure to specify agenda items in the GMS
 panggilan RUPS.                                      invitation.                                           X


 Pelanggaran atau ketidakpatuhan pada undang-         Violations or non-compliance within the
 undang atau ketentuan yang berlaku di wilayah        Company’s operational areas, whether pertaining
 operasional Perusahaan, baik terkait tenaga kerja,   to labor, consumer, competition or other relevant     X
 konsumer, persaingan dan lainnya.                    areas.



 Pelanggaran atau ketidakpatuhan pada undang-         Violation or non-compliance pertinent laws and
 undang atau ketentuan yang berlaku di bidang         regulations within the capital markets issues.        X
 pasar modal.


 Perdagangan orang dalam.                             Insider trading.                                      X

 Kelalaian dalam pengungkapan informasi material      Failure to disclose material information within
 dalam jangka waktu yang telah ditetapkan             the specified period.                                 X


 Laporan keuangan Perusahaan mendapatkan opini        The Company’s financial statements receive an
 “Wajar Dengan Pengecualian” atau “Tidak Wajar”       opinion of “Qualified Opinion”, “Adverse Opinion”,
 atau “Tidak Memberikan Pendapat”.                    “Disclaimer Opinion”.                                 X




                                                                                      2024 ANNUAL REPORT          195
Page 196
      Governansi Perusahaan




 PEDOMAN ETIKA BERPERILAKU
 Code of Conduct
 [SEOJK 2.g.15]




 Direksi menetapkan Kode Etik dengan Surat                  The Directors have established the Code of
 No.HC-00.01 tanggal 28 Maret 2013. Secara berkala,         Conduct as stipulated in the Letter No.HC-00.01,
 Direksi mengevaluasi pokok-pokok di dalam                  issued on March 28th, 2013. Periodically, the
 Kode Etik dan memperbaharuinya, bila perlu,                Directors evaluate the key points in the Code
 sesuai dengan perkembangan etika industri,                 of Conduct and update it, if necessary, to be in
 nasional dan regional. Akan tetapi sampai saat             accordance with the development of the ethics
 ini, Direksi melihat bahwa Kode Etik yang ada              that are practiced regionally, nationally, and in
 sudah cukup mendukung budaya korporasi                     the industry. However as of now, the Directors see
 yang berintegritas dan mampu menunjang                     that the existing Code of Conduct is adequate in
 keberlanjutan Perusahaan.[PUGKI 1.1.1.1] [PUGKI 1.1.1.4]   supporting an integrated corporate culture and
                                                            is able to support the Company’s sustainability.

 Pokok-pokok yang tercantum dalam Kode Etik                 The main points in the Code of Conduct are:
 adalah: [SEOJK 2.g.15.a] [ACGS D.2.1]
 1. Kepatuhan        terhadap       hukum,  regulasi,       1. Compliance with laws, regulations, policies
     kebijakan dan prosedur;                                   and procedures;
 2. Keunggulan dalam kinerja;                               2. Excellence in performance;
 3. Tanggung jawab kepedulian, termasuk sikap               3. Duty of care, including attitude toward others,
     terhadap orang lain, mengkonsumsi narkotika               consumption of narcotics and alcoholic drinks,
     dan minuman keras, pelecehan seksual,                     sexual harassment, gambling, and clean desk
     perjudian, serta kebiasaan tempat kerja yang              habit;
     rapi;
 4. Informasi      rahasia,     termasuk   larangan         4. Confidential information, including prohibition
     perdagangan orang dalam; [PUGKI 7.2.3]                     on insider trading;
 5. Penyebaran data Perusahaan;                             5. Disclosure of Company data;
 6. Pengembangan proyek;                                    6. Project development;
 7. Benturan kepentingan;                                   7. Conflict of interest;
 8. Pekerjaan sampingan;                                    8. Outside employment;
 9. Directorship di Perusahaan atau jajaran                 9. Directorship in the Company or member of the
     manajemen di perusahaan lain di mana                       companies where the Company has business
     Perusahaan memiliki kepentingan bisnis;                    interest;
 10. Tata cara berpakaian;                                  10. Dress code;
 11. Penggunaan tanda pengenal karyawan;                    11. Use of employee ID card;
 12. Penggunaan dana Perusahaan;                            12. Use of Company Fund;
 13. Peraturan IT; dan                                      13. IT regulations; and
 14. Pemakaian peralatan kantor dan perabotan               14. Use of Company office equipment and
     Perusahaan.                                                furniture.

 Penerapan dan Sosialisasi Kode Etik                        Implementation and Socialization of the Code
 [SEOJK 2.g.15.b] [PUGKI 4.2.1]                             of Conduct
 Setiap jajaran manajemen dan karyawan,                     All management and employees, including the
 termasuk Direksi dan BOC wajib mematuhi Kode               Director and BOC, is required to adhere to the
 Etik, peraturan, regulasi, semua kebijakan dan             Company’s Code of Conduct, rules, regulations,
 prosedur Perusahaan. [SEOJK 2.g.15.c] [ACGS D.2.2]         policies and procedures.

 Perilaku karyawan adalah tanggung jawab                    It is the responsibility of each employee to uphold
 karyawan, di mana kepatuhan menegaskan                     proper conduct, while compliance signifies their
 komitmen karyawan terhadap standar integritas              dedication to maintaining the highest standards
 tertinggi dalam hubungan satu sama lain.                   of integrity in their interactions with colleagues.



196      LAPORAN TAHUNAN 2024
Page 197
   Corporate Governance                                                          PT Duta Pertiwi Tbk



Direksi bertanggung jawab dalam membangun               The Directors is responsible to build a structure
struktur yang memastikan penerapan Kode Etik            that ensures the implementation of the Code
di tingkat individual. Untuk itu, setiap Kepala         of Conduct at individual level. Therefore,
Divisi bertanggung jawab untuk memastikan               each Division Head is tasked with ensuring
kepatuhan setiap karyawan dengan menjadi                employee compliance by being role models
panutan melalui kata-kata dan perbuatan,                through both words and actions, fostering
komunikasi     terbuka,   memastikan           setiap   open communication, ensuring all employees
karyawan mengerti isi Kode Etik, dan mengambil          comprehend the Code’s contents and taking
tindakan wajar agar setiap tindakan tidak etis          necessary measures to identify and rectify
dapat dideteksi dan ditangani. [PUGKI 1.1.1.2]          unethical behavior.

Kode     Etik    disosialisasikan  melalui situs        The Code of Conduct is disseminated through the
internal Perusahaan. Setiap perubahan dalam             Company’s internal platforms. Any modifications
Kode Etik akan diinformasikan melalui situs             to the Code will be communicated through
tersebut. Program Onboarding for New Hire               the same channels. The Onboarding program
mengintegrasikan Kode Etik sebagai salah satu           for new hires includes the Code of Conduct as
materi untuk karyawan baru. Kami juga dalam             essential material for orientation. Our efforts
proses untuk mendorong standar ini keluar               are underway to expand this protocol beyond
organisasi, yaitu rekan-rekan bisnis kami.              internal boundaries, specifically our business
[ACGS D.2.1]                                            partners.

Penerapan Kode Etik dilakukan hingga menjadi            Implementation of the Code of Conduct is
budaya Perusahaan. Setiap karyawan harus                integral to fostering a corporate culture. It is
menandatangani surat pernyataan menaati                 mandatory for all employees to annually sign an
Kode Etik yang diperbaharui setiap tahun. Surat         updated statement affirming their commitment
Pernyataan yang menyatakan bahwa karyawan               to adhere the Code of Conduct. It stated that
telah membaca dan memahami Kode Etik                    employees have thoroughly reviewed and
Perusahaan terkait benturan kepentingan,                comprehended the Company’s regulations
gratifikasi serta seluruh hal yang terkandung di        on conflicts of interest, gratuities and all other
dalam Kode Etik dan Peraturan Perusahaan.               guidelines outlined in the Code of Conduct and
                                                        Corporate Rules.

Setiap pelanggaran Kode Etik akan memberikan            All violations of the Code of Conduct will result in
konsekuensi yang tegas dan sama kepada                  uniform and strict consequences for all offenders.
semua pelanggar. Perusahaan juga mendorong              The Company advocates for oversight of Code
pengawasan terhadap implementasi Kode                   of Conduct adherence through a whistleblower
Etik melalui sistem pelaporan pelanggaran               system overseen by the Head of the Human
yang merupakan tanggung jawab Kepala Unit               Capital Unit, who, in turn, reports to the Directors.
Human Capital yang pada gilirannya melapor              The Company ensures protection for individuals
kepada Direksi. Perusahaan melindungi setiap            reporting violations from any form of retaliation.
pelapor pelanggaran dari semua tindak balasan.          Notably, in 2024, there were no reported
Sepanjang tahun 2024, tidak ada laporan masuk           instances of Code of Conduct violations within
terkait pelaporan pelanggaran Kode Etik di              the Company.
lingkungan Perusahaan. [ACGS D.2.3] [PUGKI 4.3.1.1]


Tujuan dan Isi Kode Etik [PUGKI 4.1.1] [PUGKI 8.3.1]    Purpose and Contents of the Code of Conduct
Tujuan Kode Etik:                                       Purpose of the Code of Conduct:
1. Membentuk karyawan agar memiliki tingkat             1. Foster a high level of honesty, ethics and legal
   kejujuran yang tinggi, beretika dan berperilaku         conduct of its employee;
   patuh hukum;
2. Memberi panduan mengenai etika kerja                 2. Provide guidelines on work ethics that must be
   yang harus dipatuhi dan dilaksanakan secara             duly adhered and carried out in a professional
   profesional dan bertanggung jawab;                      and responsible manner;
3. Memandu karyawan mengenal kebiasaan                  3. Guide the employees to recognize the
   berperilaku yang dapat menjaga keyakinan                behavioral    habits   that    can    preserve
   terhadap integritas Perusahaan;                         confidence in the Company’s integrity;



                                                                                2024 ANNUAL REPORT         197
Page 198
      Governansi Perusahaan




 4. Mendorong ketaatan terhadap standar-               4. Encourage adherence to standards to
    standar untuk melindungi dan mendukung                protect and support the shareholders and
    kepentingan para pemegang saham dan                   stakeholders’ interests;
    pemangku kepentingan;
 5. Mendukung misi, visi dan nilai Perusahaan.         5. Support the Company’s mission, vision and
                                                          values.

 Kode Etik menyatakan bahwa setiap karyawan            The Code of Conduct stipulates that every
 wajib untuk senantiasa: [ACGS D.2.1]                  employee shall always:
 1. Mematuhi semua hukum, peraturan dan                1. Comply with all applicable laws, rules and
    regulasi yang berlaku dalam melakukan                 regulations in conducting activities and
    kegiatan dan bisnis;                                  business;
 2. Bertindak dengan integritas dan jujur setiap       2. Act with integrity and honesty at all times and
    saat dan pada semua keadaan;                          under all circumstances;
 3. Bertanggung jawab secara individu dalam            3. Individually responsible in complying with all
    mematuhi     semua      peraturan,  regulasi,         rules, regulations, policies and the Company’s
    kebijakan dan prosedur Perusahaan;                    procedures;
 4. Melindungi     integritas      dan  reputasi       4. Safeguard the Company’s integrity and
    Perusahaan merupakan prioritas utama dari             reputation is his/her main priority in
    setiap karyawan dalam melakukan tugas                 performing their respective duties.
    masing-masing.

 Kode Etik terhadap Vendor                             Code of Conduct Toward Vendors
 Perusahaan memiliki komitmen terhadap                 The Company upholds a steadfast commitment
 standar integritas tertinggi dalam hubungan           to the utmost integrity in its interactions with
 dengan vendor. Perusahaan berkomitmen                 vendors. It pledges to fulfill all obligations to
 untuk memenuhi semua kewajiban terhadap               vendors as stipulated in the legal agreements
 vendor sesuai dengan kesepakatan bersama di           between both parties, ensuring compliance with
 bawah hukum yang tidak bertentangan dengan            the regulations set forth by the relevant legal
 peraturan-peraturan dari instansi-instansi hukum      authorities.
 yang berwenang. [ACGS B.4.61]

 Perusahaan akan melakukan pemeriksaan                 The Company will initiate inquiries into improper
 terhadap kegiatan bisnis yang tidak wajar, seperti,   business practices, including but not limited to
 tapi tidak terbatas kepada kegagalan mematuhi         non-compliance with legal obligations, danger
 kewajiban hukum, bahaya bagi kesehatan dan            to health and safety, intentional concealment
 keselamatan, penyembunyian informasi secara           of information, fraudulent activities, financial
 sengaja, penipuan dan penyimpangan keuangan,          discrepancies, deliberate unethical behaviors
 perilaku bisnis yang tidak wajar dengan sengaja,      and misconduct both within and outside the
 serta perilaku tidak pantas baik di dalam maupun      organization.
 di luar Perusahaan.

 Vendor memiliki hak untuk melaporkan hal-hal          Vendors have the right to report any misconduct
 tersebut di atas yang dilakukan oleh karyawan         by the Company’s employees through the
 Perusahaan melalui media yang telah disediakan        designated channels and to expect appropriate
 dan mendapatkan tindak lanjut yang sesuai.            follow-up procedures.
 [ACGS B.4.5]


 Pernyataan Direksi Tentang Penerapan Kode             The Director’s Statement Regarding the
 Etik [SEOJK 2.g.15.c] [ACGS D.2.2]                    Application of the Code of Conduct
 Kami menyatakan bahwa Kode Etik Perusahaan            We acknowledge that the Company’s Code of
 berlaku bagi seluruh Perusahaan, termasuk             Conduct applies universally across all entities
 Pemegang Saham, Direksi, BOC dan karyawan.            within    the      organization,  encompassing
 Kode Etik juga berlaku bagi Entitas Anak,             shareholders, the Directors, the BOC, employees,
 perusahaan afiliasi, pihak ketiga dan seluruh         subsidiaries, affiliated companies, third parties
 mitra kerja.                                          and all business partners.




198      LAPORAN TAHUNAN 2024
Page 199
    Corporate Governance                                                      PT Duta Pertiwi Tbk




KEBIJAKAN PEMBERIAN
KOMPENSASI JANGKA
PANJANG
Long-Term Benefit Policy
[SEOJK 2.g.16] [ACGS B.6.3]




Per akhir tahun 2024, Perusahaan belum                As of the conclusion of 2024, the Company does
memiliki kebijakan pemberian kompensasi               not have a long-term compensation policy in
jangka panjang.                                       place.




KEBIJAKAN PENGUNGKAPAN
INFORMASI
Disclosure Requirement Policy
[SEOJK 2.g.17]



Pengungkapan Informasi Terkait Kepemilikan            Disclosure of Share Ownership Information by
Saham oleh Anggota Direksi dan BOC                    the Members of the Directors and the BOC

Mengacu kepada POJK No.11/POJK.04/2017 tentang        Referring to POJK No.11/POJK.04/2017 concerning
Laporan Kepemilikan atas Setiap Perubahaan            Ownership Report on Any Change in Ownership
Kepemilikan     Saham     Perusahaan    Terbuka,      of Public Company Share, it is mandated that
Perusahaan mengungkapkan kepemilikan saham            the Company discloses share ownership and
dan perubahan kepemilikan oleh anggota Direksi        any changes in ownership by Directors and BOC
dan anggota BOC paling lambat 3 (tiga) hari kerja     members within a maximum of three working
setelah terjadinya perubahan.                         days following the occurrence of the change.
[SEOJK 2.g.17.a] [ACGS A.7.1]


Informasi terkait kebijakan ini telah disampaikan     Information pertaining to this policy has been
kepada anggota Direksi dan BOC melalui memo           communicated to members of the Directors
internal No.064/IR-CS/V/2017 tertanggal 31 Mei 2017   and the BOC through internal memo No.064/IR-
dan setiap ada pergantian anggota Direksi dan         CS/V/2017 dated May 31st, 2017. Furthermore, any
anggota BOC telah disampaikan juga mengenai           alterations to the composition of the Directors
kebijakan kepemilikan saham Perusahaan oleh           and the BOC, we promptly communicate the
anggota Direksi dan anggota BOC. [SEOJK 2.g.17.b]     Company’s shares ownership policy to the
                                                      respective members.

Pada tahun 2024, tidak ada transaksi kepemilikan      In 2024, neither the Directors nor the members
saham yang dilaporkan oleh Direksi dan anggota        of the BOC of the Company has engaged in any
BOC Perusahaan baik langsung maupun tidak             stock transactions, whether directly or indirectly.
langsung. [SEOJK 2.g.17.b]

Pada tahun 2024, tidak ada transaksi kepemilikan      In 2024, there were no stock transactions reported
saham yang dilaporkan oleh manajemen senior           by senior management, whether directly or
baik langsung maupun tidak langsung. [ACGS C.1.4]     indirectly.


                                                                             2024 ANNUAL REPORT        199
Page 200
      Governansi Perusahaan




 Kebijakan Pengungkapan Informasi Lainnya              Disclosure Policy on Other Information
 Keterbukaan   selalu menjadi     salah   satu         Transparency has long been a core value of
 nilai  Perusahaan.     Direksi   dalam    hal         the Company. The Directors take into account
 pengungkapan informasi (termasuk untuk                various factors regarding information disclosure
 pengungkapan informasi keuangan berkala)              (including periodic financial reporting), in
 mempertimbangkan berbagai hal terkait dengan          accordance with the relevant laws, as well as
 mengacu pada kewajiban pengungkapan                   regulations set forth by OJK and BEI.
 informasi yang disyaratkan oleh peraturan
 perundang-undangan, OJK dan BEI.
 [PUGKI 1.1.4.2] [PUGKI 6.1.1]


 Untuk menjaga nilai Perusahaan tersebut,              To uphold the Company’s value, we ensure that
 kami sekurang- kurangnya melaksanakan                 we fulfill all information disclosure obligations
 semua kewajiban pengungkapan informasi                mandated by laws, regulations, OJK and BEI.
 yang disyaratkan oleh peraturan perundang-            Additionally, we aim to present information in a
 undangan, OJK dan BEI. Lebih jauh, kami juga          clear and comprehensible manner to facilitate
 berupaya untuk menyajikan informasi dengan            informed and appropriate decision-making by
 cara yang mudah dipahami, guna memfasilitasi          all stakeholders, including:
 pengambilan keputusan yang informasi dan
 tepat oleh semua pemangku kepentingan,
 termasuk di antaranya: [PUGKI 6.3.1]

 a. Komunikasi tidak langsung melalui berita rilis     a. Indirect Communication via news release,
    (news release), keterbukaan informasi, siaran         information disclosure, press releases can
    pers secara berkala dapat diperoleh oleh              be obtained regularly by shareholders or
    pemegang saham atau investor dengan cara:             investors by:
    • Mengakses         berita    rilis    (news          • Accessing news release by subscribing to
       release)      dengan        berlangganan              ricardo.dharmawan@sinarmasland.com
       (subscribe) ke alamat email ricardo.                  or michael.liputra@sinarmasland.com;
       dharmawan@sinarmasland.com            atau
       michael.liputra@sinarmasland.com;
          [ACGS C.7.4]
      •   Mengakses keterbukaan informasi dan siaran      •   Access information disclosure and press
          pers melalui situs BEI (www.idx.co.id) dan          release via BEI website (www.idx.co.id) and the
          situs Perusahaan www.sinarmasland.com               Company’s website www.sinarmasland.com
          dan www.dutapertiwi.com. [ACGS C.7.2]               and www.dutapertiwi.com.

      b. Komunikasi langsung melalui Analyst           b. Direct communication via Analyst Meetings,
         Meeting, conference call, forum pertemuan        conference calls, domestic and global investor
         investor baik dalam maupun luar negeri,          meeting forums, public exposes, roadshows.
         paparan publik, road show.
          [ACGS C.7.3] [ACGS C.7.4] [PUGKI 7.1.1]


 Pertanyaan dan saran dapat disampaikan kapan          Inquiries and recommendations can be directed
 saja ke alamat dan nomor yang tersedia pada           to the contact details listed in the Company
 bagian Informasi Perusahaan pada halaman 34           Information section on page 34 of this Annual
 di Laporan Tahunan ini. [ACGS A.4.1] [ACGS C.7.2]     Report.

 Pengungkapan Informasi di dalam Situs Web             Information Disclosure in the Company Website
 Perusahaan
 Perusahaan selalu memperbaharui informasi             The Company updates the information in its website,
 yang dapat ditemukan di dalam situs webnya,           www.sinarmasland.com and www.dutapertiwi.com.
 www.sinarmasland.com dan www.dutapertiwi.com.         The following are several corporate governance
 Berikut adalah beberapa dokumen governansi yang       documents that can be found and downloaded on
 dapat ditemukan dan diunduh di situs tersebut:        the website.
 [ACGS C.9] [PUGKI 7.1.1.4] [PUGKI 7.1.1.5]




200       LAPORAN TAHUNAN 2024
Page 201
  Corporate Governance                                                     PT Duta Pertiwi Tbk



                                                                           Tersedia di Situs Web
                                                                                Perusahaan
Dokumen / Informasi [ACGS C.9]     Documents / Information                    Available on the
                                                                            Company’s Website

Laporan Tahunan dan                                                                    √
                                   Annual Report and
Laporan Keberlanjutan              Sustainability Report                        Sejak Since 2008
[ACGS C.9.3]


Laporan Keuangan triwulanan dan                                                        √
                                   Quarterly and Annual Financial
tahunan                            Statements                                   Sejak Since 2015
[ACGS C.9.1]

Akta Pendirian
[ACGS C.9.6]
                                   Deed of Establishment                               √

Akta Perubahan Terakhir
[ACGS C.9.6]
                                   Latest Deed                                         √

Piagam Direksi dan BOC             Charter for the Directors and the BOC               √

Panggilan RUPS, Tata Tertib RUPS   Notice to the GMS, Rules of the
dan Formulir Surat Kuasa           GMS and Power of Attorney Form                      √
[ACGS C.9.4]


Ringkasan RUPS (dapat diakses      Minutes of the GMS
selama 1 tahun) [ACGS C.9.5]       (accessible for 1 year)                             √


Siaran Pers                        Press Releases                                      √

Materi Paparan Publik
[ACGS C.9.2]
                                   Material for Public Exposes                         √




                                                                           2024 ANNUAL REPORT      201
Page 202
      Governansi Perusahaan




 SISTEM PELAPORAN
 PELANGGARAN (WBS)
 Whistleblowing System (WBS)
 [SEOJK 2.g.18] [ACGS B.5.1] [PUGKI 4.3.1.1]



 Perusahaan telah menerapkan Sistem Pelaporan      The     Company     has     implemented     the
 Pelanggaran (WBS) sejak 5 Maret 2013 dan          Whistleblowing System (WBS) since March
 dengan dokumen terbaru nomor WBC-10-01            5th, 2013. A recent update, documented as
 tanggal 27 Juli 2022 tentang Kebijakan dan        No.WBC-10-01 on July 27th, 2022, outlines the
 Prosedur Whistleblowing.                          revised Whistleblowing Policies and Procedures.

 Tujuan sistem ini adalah agar semua orang dapat   The system’s aim is to encourage all individuals
 berpartisipasi di dalam peningkatan kualitas      to actively contribute to enhancing governance
 governansi tanpa khawatir akan adanya suatu       quality without apprehension of reprisal.
 tindakan balasan.


 Sosialisasi WBS                                   WBS Socialization
 WBS telah disosialisasikan kepada setiap          The Whistleblowing System is disseminated to all
 karyawan melalui berbagai media, di antaranya     employees through multiple channels, such as the
 situs internal dan surat elektronik. Program      internal website and email communications. The
 Onboarding for New Hire untuk orientasi           Onboarding program for new hires incorporates
 karyawan baru, telah mengintegrasikan materi      this Whistleblowing System material into the
 WBS ini.                                          employee orientation process.


 Perlindungan dan Apresiasi terhadap Pelapor       Protection and Appreciation for Whistleblowers
 [SEOJK 2.g.18.b] [ACGS B.7.2]
 Prinsip WBS adalah bahwa kami menyediakan         The fundamental principle of the WBS entails
 fasilitas saluran pelaporan yang independen,      independent, free and confidential reporting
 bebas dan rahasia. Kami menjamin kerahasiaan      channels. We ensure the anonymity of
 identitas     pelapor  sehingga   mendorong       whistleblowers, fostering a safe environment for
 keberanian untuk melaporkan kejanggalan. Kami     reporting irregularities. Moreover, we maintain
 juga menjaga kerahasiaan identitas terlapor       the confidentiality of the accused individual until
 sampai statusnya berubah menjadi terperiksa.      their status changes to a suspect.

 Apabila mendapatkan tekanan, ancaman atau         Should a whistleblower face any form of reprisal,
 tindakan balasan lain, Pelapor dapat melaporkan   such as pressure, threats or retaliation, they have
 kembali melalui mekanisme yang telah              the right to submit another report following the
 ditetapkan. Kami memberikan perlindungan          established procedure. We provide protection
 kepada     Pelapor      terhadap     pemecatan,   measures to whistleblowers, including but not
 penurunan jabatan atau pangkat, pelecehan atau    limited to termination, demotion, harassment,
 diskriminasi dalam segala bentuk serta catatan    discrimination in any forms, as well as unfavorable
 yang merugikan dalam berkas data pribadinya.      records in their personal file.




202      LAPORAN TAHUNAN 2024
Page 203
   Corporate Governance                                                             PT Duta Pertiwi Tbk



                                    MEKANISME WBS DALAM DIAGRAM
                                     The WBS Mechanism In Diagram



             Pelapor                          Menyampaikan laporan anonim maupun terbuka melalui link,
         The Whistleblower                    telepon, email, situs web, SMS atau WA.

                                              Submits the report anonymously or openly via link, phone, email,
                                              website, SMS or WA.



                                              Pelapor dapat memonitor status laporannya secara real time
                                              dengan memasukkan ID laporan dan password. Pelapor dapat
                                              menambah informasi untuk memperkuat laporannya. Pengelola
                                              Jasa WBS dapat meminta informasi lebih bila diperlukan.
     Pengelola Jasa WBS *)                    The reporter can monitor his/her report in real time by inputting
    WBS Service Management                    the report ID and password. The reporter can add information to
                                              backup his/her report. WBS Service Management can request for
                                              more information as needed.



                                              Menyerahkan informasi kepada Analis WBS yang telah ditugaskan
                                              untuk WBS Perusahaan. Analis WBS adalah bagian dari Pengelola
                                              Jasa WBS yang merupakan pihak ketiga yang independen dan
                                              profesional.

                                              Submitted information to WBS Analyst assigned for the Company’s
           Analisa WBS *)                     WBS. The WBS Analyst is part of WBS Service Management, an
            WBS Analyst                       independent and professional third party.

                                                                                             *) Pihak ketiga independen
                                                                                                Independent third party




Mekanisme dan Sarana WBS                                 Mechanism and Methods of the WBS
Sejak Juli 2022, Perusahaan meluncurkan Sistem           Since July 2022, the Company has implemented
Pelaporan Pelanggaran dengan menggunakan                 a Whistleblowing System facilitated by a
jasa pihak ketiga yang profesional dan                   professional third party adhering to international
berstandar internasional. Ini untuk memastikan           standards. This step aims to enhance the system
independensi pengelolaan Sistem Pelaporan                management’s autonomy and align it with the
Pelanggaran dan meningkatkan kualitas sistem             highest standards of governance.
agar sesuai dengan standar-standar terbaik
governansi. [SEOJK 2.g.18.d] [ACGS (B)B.1.7]

Mekanisme pelaporan             pelanggaran   adalah     The procedure for reporting violations is outlined
sebagai berikut:                                         below:
[SEOJK 2.g.18.a] [ACGS B.7.1]
1. Pelaporan. Pelapor dapat memilih beberapa             1. Reporting. The reporter can choose several
   metode pelaporan sebagai berikut:                        reporting methods as follows:




                  +62 21 3952 8858                                 +62 812 8000 3876
                  sinarmaslandwbs@tipoffs.info                     +62 812 8000 3876

                           https://idn.deloitte-halo.com/sinarmaslandwbs/

                                                                                   2024 ANNUAL REPORT              203
Page 204
   Governansi Perusahaan




      Kategori isu yang dapat dilaporkan termasuk      Categories of reportable issues include fraud,
      kecurangan, korupsi, pencurian/penggelapan,      corruption, theft/embezzlement, conflict of
      benturan kepentingan, penyuapan/gratifikasi,     interest, bribery/gratuity, abuse of authority,
      penyalahgunaan wewenang, pelanggaran             violation of the code of ethics, unethical
      kode etik, perilaku tidak etis, pelanggaran      behavior, violation of applicable regulations,
      terhadap peraturan yang berlaku, pembocoran      leakage of confidential data and information,
      data dan informasi rahasia, pelecehan dan        harassment and defamation.
      pencemaran nama baik.

      Di dalam menyampaikan pelaporan, informasi       In submitting the report, the information
      yang diberikan harus sebanyak dan selengkap      provided must be as much and complete as
      mungkin termasuk:                                possible including:
      • Nama-nama orang yang terlibat;                 • The names of the people involved;
      • Nama-nama saksi;                               • The names of witnesses;
      • Tanggal, waktu dan lokasi kejadian;            • Date, time and location of the incident;
      • Rincian atas bukti apa pun;                    • Details of any evidence;
      • Uang atau aset-aset yang terlibat;             • The money or assets involved;
      • Seberapa sering kejadian terjadi.              • How often the incident occurred.

      Pelapor dianjurkan untuk memberikan data         The Whistleblower is encouraged to provide
      diri, sekurang-kurangnya nomor telepon atau      personal data, at least a telephone number or
      alamat email yang dapat dihubungi. Identitas     email address where they can be contacted. The
      dan data Pelapor akan dirahasiakan oleh          identity and data of the Whistleblower will be
      sistem WBS, kecuali bila Pelapor memilih         kept confidential by the WBS system unless the
      untuk mengungkapkannya. Namun Pelapor            Whistleblower chooses to disclose it. However,
      dapat memilih untuk anonim. Setiap upaya         the Whistleblower can choose to remain
      yang layak dilakukan dan diperbolehkan oleh      anonymous. Every feasible effort allowed by
      hukum akan dijalankan agar identitas Pelapor     law will be taken to prevent the identity of the
      tidak terungkap.                                 Whistleblower from being revealed.

 2. Monitor status pelaporan. Pelapor dapat          2. Monitor reporting status. Whistleblower can
    melakukan cek status terhadap pelaporan             check the status of their reports. Each report
    yang dilakukannya. Setiap pelaporan akan            will be assigned a report ID and a password of
    diberikan ID laporan dan kata sandi pilihan         the Whistleblower’s choice.
    Pelapor.

      Apabila ada data yang perlu ditambahkan          If there is data that needs to be added to the
      terhadap laporan awal, Pelapor dapat             initial report, the Whistleblower can do so by
      melakukannya dengan memasukkan ID                entering the same report ID and password.
      laporan dan kata sandi yang sama.

 3. Tindak lanjut pelaporan. Seorang analis yang     3. Follow-up reporting. An analyst appointed
    ditunjuk untuk mengelola WBS Perusahaan             to manage the third-party Company WBS
    dari pihak ketiga akan meninjau dan                 will review and summarize the information
    merangkum informasi yang diberikan dan              provided and suggest general follow-up
    menyarankan tindak lanjut secara umum               and submit the report to a representative
    serta menyampaikan laporan tersebut kepada          appointed by the Company to follow up on
    perwakilan yang ditunjuk oleh Perusahaan            the report or to take corrective action. The
    untuk menindak lanjuti laporan atau untuk           Company will then decide what action to take.
    melakukan tindakan perbaikan. Perusahaan
    kemudian akan memutuskan tindakan apa
    yang harus diambil. [SEOJK 2.g.18.c]

 Pengaduan WBS [SEOJK 2.g.18.e]                      WBS Reports
 Sepanjang tahun 2024, tidak ada laporan ataupun     Throughout 2024, no reports or complaints
 aduan yang masuk terkait pelaporan pelanggaran      concerning reporting violations within the
 di lingkungan Perusahaan yang disampaikan           Company were received through the WBS.
 melalui WBS.


204      LAPORAN TAHUNAN 2024
Page 205
    Corporate Governance                                                    PT Duta Pertiwi Tbk




KEBIJAKAN ANTI KORUPSI
Anti-Corruption Policy
[SEOJK 2.g.19] [PUGKI 4.1.2]




Perusahaan sama sekali tidak mentoleransi           The Company upholds a strict stance against
perilaku   korupsi    dan     akan     membawa      corrupt behavior and is dedicated to prosecuting
pelanggaran terkait korupsi ke ranah hukum.         any corruption-related violations. We are
Kami berkomitmen untuk patuh terhadap               committed to adhere the anti-corruption laws
peraturan anti korupsi yang berlaku di Indonesia.   enforced in Indonesia. Moreover, the Company
Lebih lanjut Perusahaan berusaha memperluas         is committed to extending these principles
upaya ini tidak hanya dengan menerapkan             beyond its internal operations to encompass all
kebijakan anti korupsi di lingkungan internal       stakeholders, including suppliers and business
Perusahaan, namun juga kepada seluruh               partners. This anti-corruption policy is outlined in
pemangku kepentingan termasuk pemasok               the Company’s Code of Conduct that mandates
dan rekan bisnis. Kebijakan ini telah dituangkan    comprehension and adherence from every
dalam Kode Etik Perusahaan yang harus dibaca        employee.
dan dipahami oleh setiap karyawan.

Jenis tindakan yang dinilai sebagai perilaku        Actions classified as corrupt behavior includes
korupsi adalah penyalahgunaan kewenangan,           the misuse of authority, privileges or facilities
kesempatan atau sarana yang ada padanya             associated with one’s position; offering, accepting
karena jabatan atau kedudukannya; memberi,          and/or guaranteeing favors to government
menerima dan/atau menjanjikan sesuatu kepada        officials or other parties to influence decisions or
pejabat pemerintah maupun pihak lain yang           actions that deviate from established guidelines
dapat mengikat mereka untuk melakukan               or standard procedures.
tindakan atau membuat keputusan di luar
panduan dan/atau prosedur yang lazim.

Sosialisasi Kebijakan Anti Korupsi                  Socialization of Anti-Corruption Policy
[SEOJK 2.g.19.b] [ACGS B.4.5]
Kebijakan anti korupsi disosialisasikan bersama     The    anti-corruption    policy    is   socialized
dengan sosialisasi Kode Etik dan menjadi            concurrently with the dissemination of the Code
salah satu materi pada Program Onboarding           of Conduct as a fundamental section of the
for New Hire. Secara berkala, kebijakan ini         Onboarding Program for New Hires. Regular
diingatkan lagi melalui situs internal dan surat    reinforcement of this policy is done through both
elektronik langsung kepada setiap karyawan.         the internal website and personalized emails to all
Setiap karyawan harus menandatangani surat          staff members. It is mandatory for each employee
pernyataan yang diperbaharui secara tahunan,        to annually sign a statement reaffirming their
bahwa mereka telah membaca, memahami dan            understanding and commitment to comply
menyetujui untuk menaati kebijakan anti korupsi     with the anti-corruption policy outlined in the
sebagaimana telah ditetapkan di dalam Kode          Company’s Code of Conduct.
Etik Perusahaan. [SEOJK 2.g.19.a]

Mekanisme Pelaporan Pelanggaran                     Whistleblowing Mechanism
Pemangku kepentingan yang mengetahui                Employees who become aware of any breaches
pelanggaran ataupun potensi pelanggaran atas        or possible breaches of the anti-corruption
kebijakan anti-korupsi, harus melaporkannya.        policy are required to report them. The reporting
Prosedur pelaporan telah dirinci di dalam bagian    process is outlined in the WBS section found on
WBS pada halaman 202-204 dalam Laporan              pages 202-204 of this Annual Report.
Tahunan ini.




                                                                           2024 ANNUAL REPORT        205
Page 206
      Governansi Perusahaan




 Penerapan Pedoman Anti Pencucian Uang dan         Implementation of Anti Money Laundering and
 Pencegahan Pendanaan Terorisme                    Prevention of Terrorism Financing Guidelines
 Sejak tahun 2022, Perusahaan telah meningkatkan   Since 2022, the Company has enhanced its
 kepatuhan terhadap rezim Anti Pencucian Uang      compliance with the Anti-Money Laundering
 dan Pencegahan Pendanaan Terorisme (APUPPT)       and Prevention of Terrorism Financing (APUPPT)
 melalui pembaharuan Kebijakan dan Prosedur        regulations by revising the Policy and Procedure
 Penjualan Produk Perusahaan dan Entitas Anak      of Product Sales of the Company and its
 untuk menyesuaikan dengan Peraturan PPATK         Subsidiaries to adhere to PPATK Regulation No.2
 No.2 tahun 2021 tentang Tata Cara Penyampaian     of 2021. This regulation focuses on the submission
 Laporan Transaksi dan Laporan Transaksi           procedures for transaction reports and reports
 Keuangan Mencurigakan Melalui Aplikasi GoAML      on suspicious financial activities through the
 bagi Penyedia Barang dan/atau Jasa Lain.          GoAML Application for suppliers of goods and/or
                                                   other services.

 Pada tahun 2024, Entitas Anak berpartisipasi      In 2024, a Subsidiary participated in the Financial
 dalam Financial Integrity Rating on Money         Integrity Rating on Money Laundering and
 Laundering And Terorism Financing yang            Terrorism Financing carried out by PPATK. The
 diadakan oleh PPATK. Entitas Anak berhasil        Subsidiary successfully obtained a ‘Quite Good’
 mendapatkan     rating   ‘Cukup   Baik’.   Ini    rating. This shows the level of our commitment,
 menunjukkan menunjukkan tingkat komitmen,         implementation and compliance with the
 implementasi dan kepatuhan dari kami terhadap     APUPPT regime.
 rezim APUPPT.




206      LAPORAN TAHUNAN 2024
Page 207
     Corporate Governance                                                                 PT Duta Pertiwi Tbk




PENERAPAN ATAS PEDOMAN
TATA KELOLA PERUSAHAAN
Implementation of Corporate Governance Guidelines
[SEOJK 2.g.20] [ACGS C.2.6]




BOC dan Direksi setiap tahun melakukan tinjauan               The BOC and the Directors conduct an annual
atas penerapan pedoman tata kelola Perusahaan                 review of the Company’s governance guidelines.
dan dalam Laporan Tahunan ini melaporkan                      In this Annual Report, we will outline the
penerapan atas pedoman tata kelola yang telah                 implementation of these governance guidelines
dilakukan oleh Perusahaan pada tahun 2024,                    carried out by the Company in 2024, as follows:
sebagai berikut:

      PRINSIP
      Principle   1    Meningkatkan nilai penyelenggaraan Rapat Umum Pemegang Saham (RUPS)
                       Improving the value of General Meeting of Shareholders (GMS) management

      Rekomendasi                               Implementasi                                                 Keterangan
No.
      Recommendation                            Implementation                                               Remark


1.    Cara    atau  prosedur       teknis       Perusahaan telah melaksanakan rekomendasi atas               Terpenuhi
      pengumpulan     suara     (voting)        pengumpulan suara (voting) secara terbuka yang dilakukan
      baik   secara terbuka    maupun           dengan cara mengangkat tangan sesuai dengan instruksi
      tertutup yang mengedepankan               pimpinan GMS. Prosedur voting dapat dibaca pada bagian
      independensi dan kepentingan              Tata Tertib GMS No.8 (b) pada halaman 133-135 Laporan
      pemegang saham. [ACGS A.2.4]              Tahunan ini.
                                                                                                             Complied
      Technical methods or procedures           The Company has implemented a recommendation to
      for open and closed voting that           organize an open voting by raising hands according to
      prioritize independence and interest      instructions from Chairperson of GMS. Voting procedures
      of the shareholders.                      can be read in the section of The Rules of GMS No.8 (b) on
                                                page 133-135 in this Annual Report.


2.    Anggota BOC dan Direksi hadir             Jumlah anggota BOC dan Direksi yang hadir pada RUPST         Dijelaskan
      dalam RUPST. [ACGS A.2.7]                 tanggal 21 Juni 2024 masing-masing adalah sebanyak
                                                75% dan 75%.

      Members of the BOC and the                The number of the members of BOC and the Directors           Explained
      Directors attend the AGMS.                which attended the AGMS dated June 21st, 2024, were 75%
                                                and 75% respectively.


3.    Ringkasan risalah RUPS tersedia           Perusahaan menyediakan Ringkasan Risalah RUPS                Terpenuhi
      dalam situs web paling sedikit 1          dalam situs web Perusahaan dalam bagian Investor, sub
      tahun. [ACGS C.9.5]                       bagian Tata Kelola Perusahaan.


      A summary of minutes of GMS is            The Company provided a Summary of Minutes of GMS             Complied
      available at the website for at least     at the Company’s website under Investor, sub-section
      1 year.                                   Corporate Governance.




                                                                                         2024 ANNUAL REPORT           207
Page 208
      Governansi Perusahaan




        PRINSIP
        Principle   2     Meningkatkan kualitas komunikasi Perusahaan Terbuka dengan Pemegang Saham atau Investor
                          Improving the Public Listed Company Communication Quality with Shareholders or Investors

        Rekomendasi                                Implementasi                                                Keterangan
 No.
        Recommendation                             Implementation                                              Remark


 1.     Memiliki  kebijakan   komunikasi           Kebijakan Perusahaan dalam berkomunikasi dengan             Terpenuhi
        Perusahaan    Terbuka    dengan            pemegang saham atau investor yakni melalui:
        pemegang saham atau investor.              a. Komunikasi tidak langsung melalui berita rilis (news
        [ACGS C.7.3] [ACGS C.7.4]                     release), keterbukaan informasi, siaran pers secara
                                                      berkala dapat diperoleh oleh pemegang saham atau
                                                      investor dengan cara:
                                                      • Mengakses berita rilis (news release) dengan
                                                          berlangganan (subscribe) ke alamat email ricardo.
                                                          dharmawan@sinarmasland.com atau michael.
                                                          liputra@sinarmasland.com;
                                                      • Mengakses keterbukaan informasi dan siaran
                                                          pers melalui situs BEI www.idx.co.id dan situs
                                                          Perusahaan www.sinarmasland.com dan www.
                                                          dutapertiwi.com.
                                                   b. Komunikasi langsung melalui Analyst Meeting,
                                                      conference call, forum pertemuan investor baik dalam
                                                      maupun luar negeri, paparan publik, road show.

        To have a policy on communications         The Company policy in communicating with shareholders       Complied
        between Public Company and                 and investors are via:
        shareholders and investors.                a. Indirect Communication via news release, disclosure
                                                      of information, regular press release can be obtained
                                                      by shareholders or investors by:
                                                      • Accessing news release by subscribing to ricardo.
                                                          dharmawan@sinarmasland.com or michael.
                                                          liputra@sinarmasland.com
                                                      • Accessing disclosure of information and press
                                                          release via BEI site, www.idx.co.id and the
                                                          Company’s website www.sinarmasland.com and
                                                          www.dutapertiwi.com
                                                   b. Direct communication via Analyst Meetings,
                                                      conference calls, domestic and global investor
                                                      meeting forum, public exposure, roadshow.


 2.     Mengungkapkan               kebijakan      Perusahaan telah menyediakan bahan materi presentasi        Terpenuhi
        komunikasi Perusahaan Terbuka              dengan investor di situs Perusahaan untuk memberikan
        dalam situs web. [ACGS C.9.2]              kesetaraan pada pemegang saham atau investor atas
                                                   pelaksanaan komunikasi dengan Perusahaan.

        Disclose the communication policy          The Company has made available materials of                 Complied
        of Public Company on the website.          presentation to investors at the Company’s website to
                                                   provide equality for shareholders and investors regarding
                                                   the implementation of communications with the
                                                   Company.




        PRINSIP
        Principle   3     Memperkuat keanggotaan dan komposisi BOC
                          Strengthen the membership and composition of the BOC


        Rekomendasi                                Implementasi                                                Keterangan
 No.
        Recommendation                             Implementation                                              Remark


 1.     Penentuan jumlah anggota BOC               Perusahaan telah memenuhi ketentuan yang berlaku bagi       Terpenuhi
        mempertimbangkan       kondisi             Perusahaan sebagai Perusahaan Terbuka sebagaimana
        perusahaan.                                ditentukan dalam Pasal 20 POJK No.33/POJK.04/2014 yaitu
                                                   jumlah anggota BOC lebih dari 2 (dua) orang.

        Determination of the number of             The Company has complied with the provision applicable      Complied
        members of the BOC considering             to the Company as Public Company as stipulated in
        the Company’s conditions.                  Article 20 of POJK No.33/POJK.04/2014 which is more
                                                   than 2 (two) members of the BOC.




208      LAPORAN TAHUNAN 2024
Page 209
     Corporate Governance                                                                PT Duta Pertiwi Tbk



      Rekomendasi                              Implementasi                                                 Keterangan
No.
      Recommendation                           Implementation                                               Remark


2.    Penentuan   komposisi   anggota          Komposisi    anggota      BOC    Perusahaan      telah       Terpenuhi
      BOC memperhatikan keberagaman            memperhatikan kebutuhan Perusahaan, 3 (tiga) di
      keahlian,   pengetahuan     dan          antara anggota BOC telah berpengalaman dalam
      pengalaman yang dibutuhkan.              bidang industri real estate selama lebih dari 25 (dua
                                               puluh lima) tahun, sedang 2 (dua) anggota Komisaris
                                               Independen merupakan akademisi di bidang Ekonomi
                                               serta berpengalaman pelaksanaan tugas pengawasan
                                               dan pemberian nasihat kepada Direksi.

      Determination of the composition of      The composition of the members of the BOC is in              Complied
      members of the BOC considers the         consideration of the Company’s needs. Three members
      required variety of skills, knowledge    are experienced in the real estate industry for more than
      and experience.                          25 years, and 2 (two) Independent Commissioners are
                                               academics in the field of Economics and has experience
                                               in supervising the management policy and counseling
                                               the Directors.




      PRINSIP
      Principle   4   Meningkatkan kualitas pelaksanaan tugas dan tanggung jawab BOC
                      Improving the quality of duty and responsibility of the BOC


      Rekomendasi                             Implementasi                                                  Keterangan
No.
      Recommendation                          Implementation                                                Remark


1.    BOC      mempunyai     kebijakan        Dengan dibantu oleh NRC, BOC telah memiliki kebijakan         Terpenuhi
      penilaian sendiri untuk menilai         penilaian sendiri. Hasil penilaian sendiri kemudian
      kinerja BOC.                            disampaikan kepada NRC yang akan memberikan
                                              penilaian atas kinerja masing-masing anggota BOC.
                                              [PUGKI 1.5.1.1]
                                                                                                            Complied
      The BOC has a policy to self-assess     Assisted by the NRC, the BOC has established its self-
      the performance of the BOC.             assessment policy. Results from self-assessments are
                                              submitted to the NRC, which will then evaluate the
                                              performance of each member of the BOC.

2.    Kebijakan   penilaian        sendiri    Informasi Kebijakan Penilaian Sendiri dapat ditemukan         Terpenuhi
      diungkapkan   dalam         Laporan     pada halaman 160 dan 171 Laporan Tahunan ini.
      Tahunan.

      The   self-assessment   policy     is   The information of self-assessment policy can be found        Complied
      reported in an Annual Report.           at pages 160 dan 171 in this Annual Report.


3.    BOC      mempunyai      kebijakan       Mengacu kepada AD Perusahaan, anggota BOC yang                Terpenuhi
      pengunduran diri apabila terlibat       tidak memenuhi syarat untuk menjadi anggota BOC
      dalam kejahatan keuangan.               yang disebutkan dalam AD termasuk di dalamnya adalah
                                              terlibat kejahatan keuangan maka jabatannya sebagai
                                              BOC akan batal demi hukum. Dalam hal anggota BOC
                                              tersebut mengundurkan diri maka akan diputuskan
                                              melalui mekanisme RUPS. [PUGKI 1.3.11]

      The BOC has a policy of resignation     As stipulated to the Company’s AoA, a member of the           Complied
      in the event of involvement in any      BOC who is not eligible to become a member of the BOC
      financial crimes.                       mentioned in the AoA is involved in a financial crime,
                                              then his/her position as BOC shall be null and void. If the
                                              member of the BOC resigns, it will be decided through
                                              the GMS mechanism.


4.    BOC atau NRC menyusun kebijakan         Saat ini, Perusahaan belum memiliki kebijakan suksesi         Dijelaskan
      suksesi dalam proses nominasi           dalam proses nominasi anggota Direksi.                        di halaman
      anggota Direksi.                                                                                      159-160

      The BOC or the NRC sets out a           Currently, the Company does not have a succession policy      Explained
      provision of succession in the          in the nomination process of members of the Directors.        on page
      nomination process of a member of                                                                     159-160
      the Directors.




                                                                                        2024 ANNUAL REPORT          209
Page 210
      Governansi Perusahaan




        PRINSIP
        Principle   5   Memperkuat keanggotaan dan komposisi Direksi
                        Strengthen the membership and composition of Directors


        Rekomendasi                               Implementasi                                                   Keterangan
 No.
        Recommendation                            Implementation                                                 Remark


 1.     Penentuan jumlah anggota Direksi          Perusahaan telah memenuhi ketentuan yang berlaku bagi          Terpenuhi
        mempertimbangkan            kondisi       Perusahaan sebagai Perusahaan Terbuka sebagaimana
        Perusahaan serta efektivitas dalam        ditentukan dalam Pasal 2 POJK No.33/POJK.04/2014
        pengambilan keputusan.                    paling kurang terdiri dari 2 (dua) orang anggota Direksi.

        Determination of the number               The Company has complied with the provision applicable         Complied
        of members of the Directors               to the Company as Public Company as stipulated in
        considering    the      Company’s         Article 2 of POJK No.33/POJK.04/2014 must consist of at
        conditions and effectiveness in the       least 2 (two) Directors.
        decision making.


 2.     Penentuan    komposisi anggota            Komposisi     anggota     Direksi  Perusahaan      telah       Terpenuhi
        Direksi           memperhatikan           memperhatikan       kebutuhan     diversifikasi   bisnis
        keberagaman            keahlian,          Perusahaan. Sebanyak 8 (delapan) anggota Direksi telah
        pengetahuan    dan  pengalaman            berpengalaman dalam bidang industri real estate. Semua
        yang dibutuhkan.                          anggota Direksi ini telah berpengalaman lebih dari 25
                                                  (dua puluh lima) tahun dalam bidangnya masing-masing.

        Determination of the composition of       The composition of the members of the Directors is in          Complied
        members of the Directors considers        consideration of the Company’s business diversification
        the required variety of skills,           needs. Eight members are experienced in the real estate
        knowledge and experience.                 industry. All members of the Directors have more than 25
                                                  years of experience in their fields.



 3.     Anggota Direksi yang membawahi            Perusahaan telah memiliki 1 (satu) anggota Direksi yang        Terpenuhi
        bidang akuntansi atau keuangan            membawahi bidang serta memiliki keahlian dan/atau
        memiliki    keahlian     dan/atau         pengetahuan lebih dari 25 (dua puluh lima) tahun di
        pengetahuan di bidang akuntansi.          bidang akuntansi dan keuangan. Setiap penyampaian
                                                  Laporan Keuangan telah ditanda-tangani oleh Direktur
                                                  Utama dan anggota Direksi yang membawahi bidang
                                                  akuntansi dan keuangan.

        Members of the Directors in charge        The Company has 1 (one) Director who has the skills            Complied
        of accounting and finance have skills     and/or experience of more than 25 years in the field of
        and/or knowledge in accounting.           accounting and finance. Every submission of Financial
                                                  Report has been signed by the President Director and the
                                                  Director in supervision of accounting and finance.




        PRINSIP
        Principle   6   Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Direksi
                        Improving the Quality of Duty and Responsibility of the Directors


        Rekomendasi                               Implementasi                                                   Keterangan
 No.
        Recommendation                            Implementation                                                 Remark


 1.     Direksi    mempunyai   kebijakan          Dengan dibantu oleh NRC, Direksi telah memiliki                Terpenuhi
        penilaian sendiri untuk menilai           kebijakan penilaian sendiri. Hasil penilaian sendiri
        kinerja Direksi.                          kemudian disampaikan kepada NRC yang akan
                                                  memberikan penilaian atas kinerja masing-masing
                                                  anggota Direksi. [PUGKI 1.2.1.1]

        The Directors has a policy to self-       Assisted by the NRC, the Directors has established its self-   Complied
        assess the performance of the             assessment policy. The results from the self-assessments
        Directors.                                are submitted to the NRC, which will then evaluate the
                                                  performance of each member of the Directors.


 2.     Kebijakan   penilaian        sendiri      Informasi Kebijakan Penilaian Sendiri dapat ditemukan          Terpenuhi
        diungkapkan   dalam         Laporan       halaman 156-157 dan 160 pada Laporan Tahunan ini.
        Tahunan.

        The   self-assessment   policy     is     The information of self-assessment policy can be found         Complied
        reported in an Annual Report.             at pages 156-157 and 160 in this Annual Report.




210      LAPORAN TAHUNAN 2024
Page 211
     Corporate Governance                                                                    PT Duta Pertiwi Tbk



      Rekomendasi                                 Implementasi                                                  Keterangan
No.
      Recommendation                              Implementation                                                Remark


3.    Direktur mempunyai kebijakan                Mengacu kepada AD Perusahaan, anggota Direksi yang            Terpenuhi
      pengunduran diri apabila terlibat           tidak memenuhi syarat untuk menjadi anggota Direksi
      dalam kejahatan keuangan.                   yang disebutkan dalam AD termasuk di dalamnya
                                                  adalah terlibat kejahatan keuangan maka jabatannya
                                                  sebagai Direksi akan batal demi hukum. Dalam hal
                                                  anggota Direksi tersebut mengundurkan diri maka akan
                                                  diputuskan melalui mekanisme RUPS. [PUGKI 1.1.9]

      The Directors has a policy of               As stipulated to the Company’s AoA, a member of the           Complied
      resignation   in   the   event    of        Directors who is not eligible to become a member of the
      involvement in any financial crimes.        Directors mentioned in the AoA is involved in a financial
                                                  crime, then his/her position as Directors shall be null and
                                                  void. If the member of the Directors resigns, it will be
                                                  decided through the GMS mechanism.



      PRINSIP
      Principle   7      Meningkatkan aspek tata kelola Perusahaan melalui partisipasi pemangku kepentingan
                         Improving corporate governance aspect through stakeholder’s participation


      Rekomendasi                                 Implementasi                                                  Keterangan
No.
      Recommendation                              Implementation                                                Remark


1.    Memiliki kebijakan untuk mencegah           Perusahaan telah memiliki kebijakan untuk mencegah            Terpenuhi
      terjadinya Insider Trading.                 terjadinya Insider Trading, sebagaimana yang tertuang
      [SEOJK 2.g.15] [PUGKI 7.2.3]                dalam Kode Etik Perusahaan No. HC-00.01 tanggal
                                                  28 Maret 2013. Setiap karyawan diwajibkan untuk
                                                  menghindari pengungkapan informasi Perusahaan yang
                                                  bersifat rahasia.

      To have a policy to prevent Insider         The Company has a policy to prevent insider trading, as       Complied
      Trading.                                    reflected in the Company’s Code of Conduct No. HC-00.01
                                                  dated March 28th, 2013. Every employee is obliged to avoid
                                                  disclosing classified Company information.


2.    Memiliki kebijakan Anti Korupsi dan         Perusahaan, saat ini sudah memiliki kebijakan Anti            Terpenuhi
      Anti-Fraud. [SEOJK 2.g.19]                  Korupsi dan Anti-Fraud.

      To have a policy of Anticorruption          The Company has a policy of Anti-corruption and Anti-         Complied
      and Anti-Fraud.                             Fraud.


3.    Memiliki kebijakan tentang seleksi          Perusahaan, saat ini sudah memiliki kebijakan tentang         Terpenuhi
      dan   peningkatan     kemampuan             seleksi pemasok atau vendor.
      pemasok dan vendor. [ACGS B.4.2]

      To have a policy on the selection           The Company, has a policy regarding vendor selection.         Complied
      and capacity building of suppliers
      and vendors.


4.    Memiliki kebijakan pemenuhan hak-           Perusahaan, saat ini sudah memiliki kebijakan untuk           Terpenuhi
      hak kreditur. [ACGS B.4.6]                  memenuhi hak-hak dari kreditur kami melalui Divisi
                                                  Corporate Finance yang mengatur dan mengelola
                                                  pembayaran hak-hak kreditur kami.

      To have a Policy on the fulfilment of       The Company, currently has a policy to fulfil the rights of   Complied
      creditors’ rights.                          our creditors through the Corporate Finance Division that
                                                  sets out and manages the rights of our creditors.



5.    Memiliki kebijakan whistleblowing           Perusahaan telah menjalankan kebijakan whistleblowing         Terpenuhi
      system. [SEOJK 2.g.18.b] [ACGS B.7.2]       system dengan menunjuk jasa pihak ketiga.

      To have a whistleblower system.             The Company has successfully implemented a                    Complied
                                                  whistleblowing system policy by engaging third-party
                                                  services.




                                                                                            2024 ANNUAL REPORT              211
Page 212
       Governansi Perusahaan




         Rekomendasi                                 Implementasi                                                  Keterangan
  No.
         Recommendation                              Implementation                                                Remark


  6.     Memiliki     kebijakan  pemberian           Perusahaan, saat ini belum memiliki kebijakan pemberian       Terpenuhi
         insentif jangka panjang Direksi dan         insentif jangka panjang kepada Direksi dan Karyawan.
         Karyawan.
         [SEOJK 2.g.16] [ACGS B.6.3]

         To have a policy on the granting of         Currently, the Company does not have a long-term              Complied
         long-term incentives to the Directors       incentive policy for its directors and employees.
         and Employees.




         PRINSIP
         Principle   8     Meningkatkan keterbukaan informasi
                           Improving the information disclosure


         Rekomendasi                                 Implementasi                                                  Keterangan
  No.
         Recommendation                              Implementation                                                Remark


  1.     Memanfaatkan            penggunaan          Selain memperbaharui situs web Perusahaan secara              Terpenuhi
         teknologi informasi secara lebih            rutin, kami juga aktif dalam berbagai media sosial
         luas selain situs web sebagai media         sebagai media promosi produk. Selain itu, Perusahaan
         keterbukaan informasi.                      juga menggunakan sistem mailing-list sebagai media
                                                     keterbukaan informasi dan komunikasi kepada investor.

         To use information technology               Besides regular updates on the Company’s website, we          Complied
         more advanced than website as a             are also active in a variety of social media as a medium of
         medium of information disclosure.           product promotion. In addition, we also use the mailing-
                                                     list system as a medium of information disclosure and
                                                     communication to investors.


  2.     Laporan    Tahunan     Perusahaan           Laporan Tahunan Perusahaan tahun 2024 telah                   Terpenuhi
         Terbuka mengungkapkan pemilik               mengungkapkan     pemilik   manfaat    akhir   dalam
         manfaat akhir dalam kepemilikan             kepemilikan saham Perusahaan paling sedikit 5%, selain
         saham perusahaan, paling sedikit            pengungkapan pemilik manfaat akhir dalam kepemilikan
         5% selain pemegang saham utama              saham Perusahaan melalui pemegang saham utama dan
         dan pengendali.                             pengendali.

         The Annual Reports of the Public            The Company’s 2024 Annual Report has disclosed the            Complied
         Companies disclose the most                 ultimate beneficial owner in the share ownership of the
         current beneficial owners of the            Company at least 5%, other than the disclosure of the
         Company’s shareholding, at least            ultimate beneficial owner via major shareholders and
         5% other than major shareholders            controllers.
         and controllers.




212       LAPORAN TAHUNAN 2024
Page 213
Corporate Governance                                      PT Duta Pertiwi Tbk




                 Halaman Ini Sengaja Dikosongkan
                       This Page is Intentionally Left Blank




                                                         2024 ANNUAL REPORT     213
Page 214
06




TANGGUNG
JAWAB SOSIAL
DAN LINGKUNGAN
SOCIAL AND ENVIRONMENTAL RESPONSIBILITY
Page 215
           2024 LAPORAN TAHUNAN | ANNUAL REPORT                   PT DUTA PERTIWI TBK



Dengan merujuk pada Surat Edaran OJK No.16/      Referring to Circular Letter of OJK No.16/
SEOJK.04/2021 tentang Bentuk dan Isi Laporan     SEOJK.04/2021 on Forms and Content of
Tahunan, pada bagian Uraian Isi Laporan          Annual Report, on the part of Description of the
Tahunan huruf h (“SEOJK No.16), Perusahaan       Contents of Annual Report alphabet h (“SEOJK
telah mengungkapkan informasi mengenai           No.16), the Company has disclosed information
Tanggung Jawab Sosial dan Lingkungan ke          on Social and Environmental Responsibilities
dalam Laporan Keberlanjutan Perusahaan           to the Company Sustainability Report for 2024,
Tahun Buku 2024, yang disajikan secara           presented separately from this Annual Report.
terpisah dari Laporan Tahunan ini. Laporan       Our Sustainability Report will be submitted
Keberlanjutan kami disampaikan bersamaan         together with the submission of this Annual
dengan penyampaian Laporan Tahunan ini.          Report.

Pembaca     yang     hendak       mendapatkan    Readers may find information on sustainable
informasi terkait strategi keberlanjutan, tata   strategy, sustainable governance, sustainable
kelola keberlanjutan, kinerja keberlanjutan      performance and others in 2024 Sustainability
dan lain-lain, dapat membaca Laporan             Report of the Company that is an integral part
Keberlanjutan Perusahaan Tahun Buku 2024,        of this Annual Report.
yang merupakan bagian tak terpisahkan dari
Laporan Tahunan ini. [ACGS B.4.7]




                      Artist’s
                   Impression        Water Terrace • Grand Wisata • Bekasi
Page 216
 KLASKA
 RESIDENCE

                       Surabaya

216   LAPORAN TAHUNAN 2024
Page 217
SURAT    PERNYATAAN    ANGGOTA   DEWAN
KOMISARIS DAN DIREKSI TENTANG TANGGUNG
JAWAB LAPORAN TAHUNAN TAHUN BUKU 2024
PT DUTA PERTIWI TBK
The Board of Commissioners’ and Directors’ Statement of
Responsibilities for the 2024 Annual Report of
PT Duta Pertiwi Tbk

Kami yang bertanda tangan di bawah ini                   We the undersigned hereby declare that all
menyatakan bahwa semua informasi dalam                   the information in the 2024 Annual Report
Laporan Tahunan PT Duta Pertiwi Tbk tahun                of PT Duta Pertiwi Tbk has been presented
buku 2024 telah dimuat secara lengkap dan                completely in its entirety and that we assume
bertanggung jawab penuh atas kebenaran                   full responsibility for the accuracy of the
isi laporan tahunan Perusahaan. Demikian                 content of the Company’s Annual Report. This
pernyataan ini dibuat dengan sebenarnya.                 statement is made truthfully.




                                               Jakarta, 8 April 2025

                               Dewan Komisaris • Board of Commissioners




                               MUKTAR WIDJAJA                                       FRANCISCUS XAVERIUS R.D.
                                Komisaris Utama                                        Wakil Komisaris Utama
                             President Commissioner                                 Vice President Commissioner




 Prof. DR. TEDDY PAWITRA                       Prof. DR. SUSIYATI BAMBANG HIRAWAN
    Komisaris Independen                                 Komisaris Independen
 Independent Commissioner                             Independent Commissioner




                                               Direksi • Directors




       TEKY MAILOA                                       LIE JANI HARJANTO
      Direktur Utama                                     Wakil Direktur Utama
     President Director                                 Vice President Directors




                            HONGKY JEFFRY NANTUNG                                      HANDOKO WIBOWO
                                   Direktur                                                Direktur
                                    Director                                               Director




                                                                                   2024 ANNUAL REPORT             217
Page 218
      Penutup




  07




      REFERENSI SURAT EDARAN
      OJK NO.16/SEOJK.04/2021
      & ASEAN CORPORATE
      GOVERNANCE SCORECARD
      REFERENCE TO OJK CIRCULAR LETTER
      NO.16/SEOJK.04/2021 & ASEAN CORPORATE
      GOVERNANCE SCORECARD
218      LAPORAN TAHUNAN 2024
Page 219
Closing                                                PT Duta Pertiwi Tbk
          2024 LAPORAN TAHUNAN | ANNUAL REPORT      PT DUTA PERTIWI TBK




                   Artist’s
                Impression    Vermon • Kota Wisata • Cibubur

                                                       2024 ANNUAL REPORT    219
Page 220
      Penutup




 REFERENSI SURAT EDARAN
 OJK NO.16/SEOJK.04/2021
 Reference of OJK Circular Letter No.16/SEOJK.04/2021
 [SEOJK 2.E.18]




 No. Materi dan Penjelasan                                                                                                                              Halaman
                                                                         Subjects and Explanation                                                        Pages

  I. Ikhtisar Data Keuangan Penting                                      Highlights of Key Financial Information

 1. Ikhtisar Data Keuangan Penting memuat informasi keuangan yang        The Highlights of Key Financial Information section presented
    disajikan dalam bentuk perbandingan selama 3 (tiga) tahun buku       financial data in a comparative format for three fiscal years. If the Issuer
    atau sejak memulai usahanya jika Emiten atau Perusahaan Publik       or Listed Company had been in operation for less than three years, it
    tersebut menjalankan kegiatan usahanya kurang dari 3 (tiga)          would include data since the business began and should contain the
    tahun, paling sedikit memuat:                                        following information:
    a. Pendapatan/penjualan.                                             a. Sales/revenue.
    b. Laba bruto.                                                       b. Gross profit (loss).
    c. Laba (rugi).                                                      c. Profit (loss).
    d. Jumlah laba (rugi) yang dapat diatribusikan kepada pemilik        d. Net profit attributable to owners of the parent and non-
        entitas induk dan kepentingan non pengendali.                        controlling interest.
    e. Total laba (rugi) komprehensif.                                   e. Total comprehensive profit (loss).
    f. Jumlah laba (rugi) komprehensif yang dapat diatribusikan          f. Net comprehensive profit attributable to owners of the parent                 2-3
        kepada pemilik entitas induk dan kepentingan non pengendali.         and non-controlling interest.                                               12-13
    g. Laba (rugi) per saham.                                            g. Profit (loss) per share.
    h. Jumlah aset.                                                      h. Total assets.
    i. Jumlah liabilitas.                                                i. Total liabilities.
    j. Jumlah ekuitas.                                                   j. Total equity.
    k. Rasio laba (rugi) terhadap jumlah aset.                           k. Profit (loss) ratio to total assets.
    l. Rasio laba (rugi) terhadap ekuitas.                               l. Profit (loss) ratio to equity.
    m. Rasio laba (rugi) terhadap pendapatan/penjualan.                  m. Profit (loss) ratio to revenue.
    n. Rasio lancar.                                                     n. Current ratio.
    o. Rasio liabilitas terhadap ekuitas.                                o. Liabilities-to-equity ratio.
    p. Rasio liabilitas terhadap jumlah aset.                            p. Liabilities-to-total assets ratio.
    q. Informasi dan rasio keuangan lainnya yang relevan dengan          q. Other relevant financial ratio and information about the Issuer
        Emiten atau Perusahaan Publik dan jenis industrinya.                 or Listed Company or its industry.


 II. Informasi  Saham                                                    Shares Information
     Informasi saham (jika ada) paling sedikit memuat:                   Shares information (if any) shall include at least:


 1. Saham yang telah diterbitkan untuk setiap masa triwulan (jika ada)   Shares issued for every quarter (if any) presented in the comparison
    yang disajikan dalam bentuk perbandingan selama 2 (dua) tahun        of latest 2 (two) fiscal years (if any), should at least include:
    buku terakhir, paling sedikit meliputi:
    a. Jumlah saham yang beredar.                                        a. Number of issued shares.
    b. Kapitalisasi pasar berdasarkan harga pada Bursa Efek tempat       b. Market capitalization based on the price on the Stock Exchange               14-15
       saham ditempatkan.                                                   where shares are listed.
    c. Harga saham tertinggi, terendah dan penutupan berdasarkan         c. Highest, lowest and closing price based on the price on the
       harga pada Bursa Efek tempat saham dicatatkan.                       Stock Exchange where shares are listed.
    d. Volume perdagangan pada Bursa Efek tempat saham                   d. Transaction volume on the Stock Exchange where shares are
       dicatatkan.                                                          listed.


 2. Dalam hal terjadi Aksi Korporasi, seperti pemecahan saham            In case of Corporate Actions, such as stock split, reverse stock, share
    (stock split), penggabungan saham (reverse stock), dividen           dividend, bonus shares and change in nominal value, issuance
    saham, saham bonus dan perubahan nilai nominal saham,                of convertible securities, and capital issuance or withdrawal, the
    penerbitan efek konversi, serta penambahan dan pengurangan           shares information referred to in point 1 should have explanations
    modal informasi saham sebagaimana dimaksud pada angka 1              which included at least:
    ditambahkan penjelasan paling sedikit mengenai:
    a. Tanggal pelaksanaan aksi korporasi.                               a. The execution date of corporate action.                                       15
    b. Rasio pemecahan saham, penggabungan saham, dividen                b. Ratio of stock split, reverse stock, share dividend, bonus share,
        saham, saham bonus, jumlah efek konversi yang diterbitkan           number of the issued convertible securities and change in
        dan perubahan nilai nominal saham.                                  nominal value.
    c. Jumlah saham beredar sebelum dan sesudah aksi korporasi.          c. Shares volume issued before and after corporate actions.
    d. Jumlah efek konversi yang dilaksanakan (jika ada).                d. The number of executed convertible securities (if any).
    e. Harga saham sebelum dan sesudah aksi korporasi.                   e. Shares price before and after corporate actions.


 3. Dalam hal terjadi penghentian sementara perdagangan saham            In case of suspended stock trading and/or delisting in the fiscal
    dan/atau penghapusan pencatatan saham dalam tahun buku,              year, the Issuer or Listed Company should explain the reasons for
    Emiten atau Perusahaan Publik menjelaskan alasan penghentian         such suspension and/or delisting.                                                15
    sementara perdagangan saham dan/atau pembatalan pencatatan
    saham tersebut.

 4. Dalam hal penghentian sementara perdagangan saham                    In case of stock suspension as referred to point 3 and/or delisting
    (suspension) sebagaimana dimaksud pada angka 3) dan/                 process was still in progress at the end of Annual Report period,
    atau proses pembatalan pencatatan saham (delisting) masih            the Issuer or Listed Company should explain the actions of the
    berlangsung hingga akhir periode Laporan Tahunan, Emiten atau        Company to resolve such stock suspension and/or delisting.                       15
    Perusahaan Publik menjelaskan tindakan yang dilakukan untuk
    menyelesaikan penghentian sementara perdagangan saham dan/
    atau penghapusan pencatatan saham tersebut.




220      LAPORAN TAHUNAN 2024
Page 221
   Closing                                                                                                     PT Duta Pertiwi Tbk




III. Laporan Direksi                                                   Report of The Directors
     Laporan Direksi paling sedikit memuat:                            The Directors’ Report shall include at least:


1. Kinerja Emiten atau Perusahaan Publik, paling sedikit meliputi:     The Issuer’s or Listed Company’s Performance, should at least
   a. Strategi dan kebijakan strategis Emiten atau Perusahaan          includes:
      Publik.                                                          a. Strategy and strategic policy of Issuer or Listed Company.
   b. Peranan Direksi dalam perumusan strategi dan kebijakan           b. The Directors’ role in establishing strategy and strategic
      strategis Emiten atau Perusahaan Publik.                             policy of the Issuer or Listed Company.                            18-23
   c. Proses yang dilakukan Direksi untuk memastikan implementasi      c. Process implemented by the Directors to ensure the
      strategi Emiten atau Perusahaan Publik.                              implementation of the strategy of the Issuer or Listed
   d. Perbandingan antara hasil yang dicapai dengan yang                   Company.
      ditargetkan.                                                     d. Comparison between achievement of results and targets.
   e. Kendala yang dihadapi Emiten atau Perusahaan Publik.             e. Challenges faced by the Issuer or Listed Company.

2. Gambaran tentang prospek usaha.                                     An overview of business prospects.                                     23-24


3. Penerapan Tata Kelola Emiten atau Perusahaan Publik.                Implementation of Good Corporate Governance by the Issuer or           24-25
                                                                       Listed Company.



IV. Laporan Dewan Komisaris                                            Report of the Board of Commissioners
    Laporan Dewan Komisaris paling sedikit memuat:                     Report of the Board of Commissioner shall include at least:


1. Penilaian terhadap Kinerja Direksi mengenai pengelolaan Emiten      Assessment on the Performance of the Directors in managing the
   atau Perusahaan Publik, termasuk pengawasan Dewan Komisaris         Company, including the Board of Commissioners’ supervision             27-28
   dalam perumusan dan implementasi strategi Emiten atau               in the Directors’ establishing and implementing strategy of the
   Perusahaan Publik yang dilakukan oleh Direksi.                      Issuer or Listed Company.


2. Pandangan atas Prospek Usaha Emiten atau Perusahaan Publik          Perspectives on the Business Prospects of Issuers or Public
   yang disusun oleh Direksi.                                          Companies prepared by the Board of Directors.                          28-29



3. Pandangan atas Penerapan Tata Kelola Emiten atau Perusahaan         View on the Implementation of Issuer’s or Listed Company’s
   Publik.                                                             Governance.                                                            29-30



V. Profil Emiten atau Perusahaan Publik                                Company Profile
   Profil Emiten atau Perusahaan Publik paling sedikit memuat:         Profile of Issuer or Listed Company shall include at least:


1. Nama Emiten atau Perusahaan Publik termasuk apabila terdapat        Name of the Issuer or Listed Company, including should there be
   perubahan nama, alasan perubahan dan tanggal efektif                a change of name, the reason for the change and the effective           34
   perubahan nama pada tahun buku.                                     date of the name change in the fiscal year.


2. Akses terhadap Emiten atau Perusahaan Publik termasuk kantor        Access to the Issuer or Listed Company including branch
   cabang atau kantor perwakilan yang memungkinkan masyarakat          office or representative office that allowed the public to obtain
   dapat memperoleh informasi mengenai Emiten atau Perusahaan          information about the Issuer or Listed Company, including:
   Publik, meliputi:                                                                                                                           34
   a. Alamat.                                                          a. Address.
   b. Nomor telepon.                                                   b. Phone number.
   c. Alamat surat elektronik.                                         c. E-mail address.
   d. Alamat Situs Web.                                                d. Website address.


3. Riwayat singkat Emiten atau Perusahaan Publik.                      Brief history of Issuer or Listed Company.                              35


4. Visi dan misi Emiten atau Perusahaan Publik, serta budaya           Vision and mission of the Issuer or Listed Company and corporate       38-39
   perusahaan atau nilai-nilai perusahaan.                             culture or values.


5. Kegiatan Usaha menurut anggaran dasar terakhir, kegiatan usaha      Business Activities according to the latest articles of association,
   yang dijalankan pada tahun buku, serta jenis barang dan/atau jasa   business activities carried on in the fiscal year, and type of          40
   yang dihasilkan.                                                    products and/or services provided.


6. Wilayah Operasional Emiten atau Perusahaan Publik. Wilayah          Operational areas of Issuers or public companies referred to the
   operasional merupakan wilayah atau daerah pelaksanaan               locations or sectors where operational activities were conducted,       41
   kegiatan operasional atau jangkauan dari kegiatan operasional       encompassing the full range of the company’s operations.
   perusahaan.

7. Struktur Organisasi Emiten atau Perusahaan Publik dalam bentuk      Organizational Structure of Issuer or Listed Company in the
   bagan, paling sedikit sampai dengan struktur 1 (satu) tingkat di    form of a chart, giving the names and titles and at least up to
   bawah Direksi termasuk komite di bawah Direksi (jika ada) dan       1 (one) level below the Directors, including committees under           51
   komite di bawah Dewan Komisaris, disertai dengan nama dan           the Directors (if any) and committees under the Board of
   jabatan.                                                            Commissioners.

8. Daftar keanggotaan asosiasi industri baik dalam skala nasional      Lists of membership in industry-related associations, national and
   maupun internasional yang berkaitan dengan penerapan                international, related to the sustainable finance implementation.       52
   keuangan berkelanjutan.




                                                                                                              2024 ANNUAL REPORT                    221
Page 222
      Penutup




 9. Profil Direksi, paling sedikit memuat:                              Profile of the Directors, at least includes:
    a. Nama dan jabatan yang sesuai dengan tugas dan tanggung           a. Name and position in accordance with the duties and
       jawab.                                                              responsibilities.
    b. Foto terbaru.                                                    b. Latest picture.
    c. Usia.                                                            c. Age.
    d. Kewarganegaraan.                                                 d. Citizenship.
    e. Riwayat pendidikan dan/atau sertifikasi.                         e. Educational history and/or certification.
    f. Riwayat jabatan, meliputi informasi:                             f. Work experience, includes:
       1) dasar hukum penunjukan sebagai anggota Direksi pada              1) legal basis of appointment of Directors’ members in the
            Emiten atau Perusahaan Publik yang bersangkutan.                     Issuer or Listed Company.
       2) rangkap jabatan, baik sebagai anggota Direksi, anggota           2) concurrent position, both as members of the Directors,
            Dewan Komisaris dan/atau anggota komite serta jabatan                members of the Board of Commissioners and/or                    53-57
            lainnya baik di dalam maupun di luar Emiten atau                     members of the committee as well as other position,
            Perusahaan Publik.                                                   whether the position is within or outside of the Issuer or
                                                                                 Listed Company.
         3) pengalaman kerja beserta periode waktunya baik di dalam        3) work experience and duration of employment, both within
            maupun di luar Emiten atau Perusahaan Publik.                        and outside of the Issuer or Listed Company.
      g. Hubungan afiliasi dengan anggota Direksi lainnya, anggota      g. Affiliate relationships with another member of the Directors,
         Dewan Komisaris dan pemegang saham utama (jika ada)                Board of Commissioners’ members and ultimate shareholders
         meliputi nama pihak yang terafiliasi.                              (if any) including the name of affiliated parties.
      h. Perubahan komposisi anggota Direksi dan alasan                 h. Changes in the Composition of the Directors’ Members and
         perubahannya. Dalam hal tidak terdapat perubahan komposisi         the reason for such changes. Should there be no change in
         anggota Direksi, maka diungkapkan mengenai hal tersebut.           the composition of the members of the Directors, this matter
                                                                            should be disclosed.

 10. Profil Dewan Komisaris, paling sedikit memuat:                     Profile of the Board of Commissioners, at least includes:
     a. Nama dan jabatan yang sesuai dengan tugas dan tanggung .        a. Name and position in accordance with the duties and
     b. Foto terbaru.                                                      responsibilities.
     c. Usia.                                                           b. Latest picture.
     d. Kewarganegaraan.                                                c. Age.
     e. Riwayat pendidikan dan/atau sertifikasi.                        d. Citizenship.
     f. Riwayat jabatan, meliputi informasi:                            e. Educational history and/or certification.
        1) dasar hukum pengangkatan sebagai anggota Dewan               f. Work experience, includes:
             Komisaris.                                                    1) legal basis for the appointment of Board of Commissioners’
                                                                                members excluding the Independent Commissioner in the
                                                                                Issuer or Listed Company concerned.
         2) dasar hukum pengangkatan pertama kali sebagai anggota          2) legal basis for the appointment of Board of Commissioners’
            Dewan Komisaris yang merupakan Komisaris Independen                 members as Independent Commissioner in the Issuer or
            pada Emiten atau Perusahaan Publik yang bersangkutan.               Listed Company concerned.
         3) rangkap jabatan, baik sebagai anggota Dewan Komisaris,         3) concurrent position, both as members of the Board of
            anggota Direksi dan/atau anggota komite serta jabatan               Commissioners, members of the Directors and/or members           58-64
            lainnya baik di dalam maupun di luar Emiten atau                    of the committee as well as other position, whether the
            Perusahaan Publik.                                                  position is within or outside of the Issuer or Listed Company.
         4) pengalaman kerja beserta periode waktunya baik di dalam         4) work experience as well as the working period both inside
            maupun di luar Emiten atau Perusahaan Publik.                       or outside the Issuer or Listed Company.
      g. Hubungan afiliasi dengan anggota Dewan Komisaris lainnya,      g. Affiliate relationships with another member of the Board
         pemegang saham utama dan pengendali baik langsung                  of Commissioners’ members, majority and controlling
         maupun tidak langsung sampai kepada pemilik individu,              shareholders, both direct and indirectly, to the individual
         meliputi nama pihak yang terafiliasi.                              owners, including names of the affiliates.
      h. Pernyataan independensi Komisaris Independen dalam hal         h. Statement of Independence of Independent Commissioner in
         Komisaris Independen telah menjabat lebih dari 2 (dua)             the event that the Independent Commissioner already served
         periode.                                                           more than 2 (two) periods.
      i.   Perubahan komposisi anggota Dewan Komisaris dan alasan       i.   Changes in the Composition of the Board of Commissioners’
           perubahannya. Dalam hal tidak terdapat perubahan komposisi        Members and the reason for such changes. Should there be
           anggota Dewan Komisaris, maka diungkapkan mengenai hal            no change in the composition of the members of the Board of
           tersebut.                                                         Commissioners, this matter should be disclosed.

 11. Dalam hal terdapat perubahan susunan anggota Direksi dan/          Should there be changes to the Board of Directors or the Board
     atau anggota Dewan Komisaris yang terjadi setelah tahun buku       of Commissioners after the financial year ended but before
     berakhir sampai dengan batas waktu penyampaian Laporan             submission of the Annual Report, the report would reflect the last       53,58
     Tahunan, susunan yang dicantumkan dalam Laporan Tahunan            known composition prior to those changes.
     adalah susunan anggota Direksi dan/atau anggota Dewan
     Komisaris yang terakhir dan sebelumnya.

 12. Jumlah Karyawan menurut jenis kelamin, jabatan, usia, tingkat      The number of Employees categorized based on gender, position,
     pendidikan dan status ketenagakerjaan (tetap/kontrak) dalam        age, educational level and work status (permanent/contract) in the       71-72
     tahun buku.                                                        fiscal year.


 13. Nama Pemegang Saham dan persentase kepemilikan pada awal           The names of Shareholders and percentage of ownership at the
     dan akhir tahun buku, yang terdiri dari:                           start and end of the financial year, consisting of:
     a. Pemegang saham yang memiliki 5% (lima persen) atau lebih        a. Shareholders owning 5% (five percent) or more shares of the
        saham Emiten atau Perusahaan Publik.                                Issuer or Listed Company.
     b. Anggota Direksi dan anggota Dewan Komisaris yang memiliki       b. Member of the Directors and Board of Commissioners holding            73-76
        saham Emiten atau Perusahaan Publik.                                shares of the Issuer or Listed Company.
     c. Kelompok pemegang saham masyarakat, yaitu kelompok              c. Public shareholders, a group of shareholders who each owned
        pemegang saham yang masing-masing memiliki kurang dari              less than 5% (five percent) of the shares of Issuer or Listed
        5% (lima persen) saham Emiten atau Perusahaan Publik.               Company.


 14. Persentase kepemilikan tidak langsung atas saham Emiten atau       The percentage of shares indirect ownership in the Issuer or Public
     Perusahaan Publik oleh anggota Direksi dan anggota Dewan           Company by Board of Directors and Commissioners members, at
     Komisaris pada awal dan akhir tahun buku, termasuk informasi       the start and end of the financial year, should include details about     74
     mengenai pemegang saham yang terdaftar dalam daftar                registered shareholders related to this indirect ownership.
     pemegang saham untuk kepentingan kepemilikan tidak langsung
     anggota Direksi dan anggota Dewan Komisaris.

 15. Jumlah pemegang saham dan persentase kepemilikan per akhir         The number of shareholders and the percentage of ownership as
     tahun buku berdasarkan klasifikasi:                                of the end of fiscal year based on the classification:
     a. Kepemilikan institusi lokal.                                    a. Local institution ownership.                                           74
     b. Kepemilikan institusi asing.                                    b. Foreign institution ownership.
     c. Kepemilikan individu lokal.                                     c. Local individual ownership.
     d. Kepemilikan individu asing.                                     d. Foreign individual ownership.




222        LAPORAN TAHUNAN 2024
Page 223
    Closing                                                                                                         PT Duta Pertiwi Tbk




16. Informasi mengenai Pemegang Saham Utama dan Pengendali                Information on the Major and Controlling Shareholders of the
    Emiten atau Perusahaan Publik, baik langsung maupun tidak             Issuer or Listed Company, either directly or indirectly, to the
    langsung, sampai kepada pemilik individu, yang disajikan dalam        individual owners, presented in the form of schemes or charts.              75
    bentuk skema atau bagan.


17. Nama Entitas Anak, Perusahaan Asosiasi, Perusahaan Ventura            Name of Subsidiaries, Associates, Joint Venture Company in which
    Bersama dimana Emiten atau Perusahaan Publik memiliki                 the Issuer or Listed Company had joint controlled entities (if any),
    pengendalian bersama entitas (jika ada), beserta persentase           along with shareholding percentage, line of business and status of
    kepemilikan saham, bidang usaha, total aset dan status operasi        such subsidiaries, associates, joint venture company.
    entitas anak, perusahaan asosiasi, perusahaan ventura bersama                                                                                    77-82
    tersebut.

    Untuk entitas anak, ditambahkan informasi mengenai alamat             For subsidiaries, address should be attached.
    entitas anak tersebut.

18. Kronologi Pencatatan Saham, jumlah saham, nilai nominal dan           Chronology of Share Listing, number of shares, nominal value
    harga penawaran dari awal pencatatan hingga akhir tahun buku          and the offering price from the beginning of listing until the end
    serta nama Bursa Efek di mana saham Emiten atau Perusahaan            of fiscal year and name of the stock exchange where the Issuer’s
    Publik dicatatkan, termasuk pemecahan saham (stock split),            or Listed Company’s share was listed, including stock split, reverse        83
    penggabungan saham (reverse stock), dividen saham, saham              stock, stock dividend, stock bonus and changes in nominal stock
    bonus dan perubahan nilai nominal saham, pelaksanaan efek             value, executed convertible securities, completed capital addition
    konversi, pelaksanaan penambahan dan pengurangan modal                and withdrawal (if any).
    (jika ada).

19. Kronologi pencatatan Efek lainnya selain Efek sebagaimana             Chronology of other Securities listing other than Securities referred
    dimaksud pada angka 18, yang belum jatuh tempo paling sedikit         to in point 18, that had not been due, which at least included the
    memuat nama Efek, tahun penerbitan, tingkat suku bunga/imbal          name of Securities, year of issuance, interest/return rate, maturity        83
    hasil, tanggal jatuh tempo, nilai penawaran dan peringkat Efek        date, offering value and Securities rating (if any).
    (jika ada).

20. Informasi Penggunaan Jasa Akuntan Publik (AP) dan Kantor              Information on the Service Rendered by Public Accountants (AP) and
    Akuntan Publik (KAP) beserta jaringan/asosiasi/aliansinya meliputi:   Public Accounting Firms (KAP) and their networks/associations/allies,
    a. Nama dan alamat.                                                   including:
    b. Periode penugasan.                                                 a. Name and address.
    c. Informasi jasa audit dan/atau non audit yang diberikan.            b. Assignment period.
    d. Biaya jasa (fee) audit dan/atau non audit untuk masing-masing      c. Information on audit and/or non-audit services rendered.                 84
        penugasan yang diberikan selama tahun buku.                       d. Audit and/or non-audit fees for each assignment given during
    e. Dalam hal AP dan KAP beserta jaringan/asosiasi/aliansinya,             the financial year.
        yang ditunjuk tidak memberikan jasa non audit, maka               e. In the event that AP and KAP and their network/association/
        diungkapkan mengenai informasi tersebut.                              alliance, which are appointed do not provide non-audit
                                                                              services, then the information is disclosed.

21. Nama dan alamat Lembaga dan/atau Profesi Penunjang Pasar              Name and address of Capital Market Institutions and/or Supporting
    Modal selain AP dan KAP.                                              Professions other than AP and KAP.                                          85



VI. Analisa dan Pembahasan Manajemen                                      Management Discussion and Analysis


1. Tinjauan operasi per segmen operasi sesuai dengan jenis industri       Operational review per business segment in accordance with the
   Emiten atau Perusahaan Publik, paling sedikit mengenai:                type of industry of the Issuer or Listed Company, contained at least:
   a. Produksi,       yang meliputi     proses,    kapasitas  dan         a. Production, which included the process, capacity and
       perkembangannya.                                                      development.                                                       96-102
   b. Pendapatan/penjualan.                                               b. Revenue/sales.
   c. Profitabilitas.                                                     c. Profitability.

2. Kinerja keuangan komprehensif yang mencakup perbandingan               Comprehensive financial performance analysis which included a
   kinerja keuangan dalam 2 (dua) tahun buku terakhir, penjelasan         comparison between the last 2 (two) fiscal year, explanation about
   tentang penyebab adanya perubahan dan dampak perubahan                 the cause of changes and the impact, among others concerning:
   tersebut, paling sedikit mengenai:
   a. Aset lancar, aset tidak lancar dan total aset;                      a. Current assets, non-current assets and total assets.
   b. Liabilitas jangka pendek, liabilitas jangka panjang dan total       b. Short-term liabilities, long-term liabilities and total liabilities.   103-118
       liabilitas.
   c. Ekuitas.                                                            c. Equity.
   d. Pendapatan/penjualan, beban, laba (rugi), penghasilan               d. Revenue/sales, expense, profit/loss, other comprehensive
       komprehensif lain dan total laba (rugi) komprehensif.                 income and total of comprehensive income/loss.
   e. Arus kas.                                                           e. Cash flow.

3. Kemampuan Membayar Utang dengan menyajikan perhitungan                 Ability to Pay Debt by presenting relevant ratio calculation.              119
   rasio yang relevan.

4. Tingkat Kolektibilitas Piutang Emiten atau Perusahaan Publik           The Collectability level of the Issuer or Listed Company by                119
   dengan menyajikan perhitungan rasio yang relevan.                      presenting relevant ratio calculation.

5. Struktur Modal (capital structure) dan kebijakan manajemen             Capital Structure and management policy on such capital structure
   atas struktur modal (capital structure) tersebut disertai dasar        with the basis for determining such policy.                                119
   penentuan kebijakan dimaksud.


6. Bahasan mengenai Ikatan yang Material untuk Investasi Barang           Discussion on Material Bond for the Investment of Capital Goods
   Modal dengan penjelasan paling sedikit meliputi:                       with description that included at least:
   a. Tujuan dari ikatan tersebut.                                        a. The purpose of the bond.
   b. Sumber dana yang diharapkan untuk memenuhi ikatan                   b. Source of funds expected to fulfill the bond.
      tersebut.                                                           c. Currency of denomination.                                               120
   c. Mata uang yang menjadi denominasi.                                  d. Steps taken by the Issuer or Listed Company to protect the risk
   d. Langkah yang direncanakan Emiten atau Perusahaan Publik                 against the position of related foreign currency.
      untuk melindungi risiko dari posisi mata uang asing yang
      terkait.




                                                                                                                   2024 ANNUAL REPORT                      223
Page 224
      Penutup




 7. Bahasan mengenai Investasi Barang Modal yang Direalisasikan                   Discussion on Capital Goods Investment Realized in the last fiscal
    dalam tahun buku terakhir, paling sedikit meliputi:                           year, including:
    a. Jenis investasi barang modal.                                              a. Type of capital goods investment.                                      120
    b. Tujuan investasi barang modal.                                             b. Objective of capital goods investment.
    c. Nilai investasi barang modal yang dikeluarkan.                             c. The investment value of capital goods.

 8. Informasi dan Fakta Material yang Terjadi setelah Tanggal Laporan             Significant Information and Fact Subsequent to the Accountant’s           120
    Akuntan (jika ada).                                                           Report Date (if any).


 9. Prospek usaha dari Emiten atau Perusahaan Publik dikaitkan                    Business prospects of the Issuer of Listed Company in connection
    dengan kondisi industri, ekonomi secara umum dan pasar                        with the condition of industry, economy in general and the                121
    internasional disertai data pendukung kuantitatif dari sumber data            international market supported by quantitative data from a reliable
    yang layak dipercaya.                                                         data source.

 10. Perbandingan antara Target/Proyeksi pada awal tahun buku                     Comparison between Target/Projection in the beginning of fiscal
     dengan hasil yang dicapai (realisasi), mengenai:                             year and the achieved result (realization), which including:
     a. Pendapatan/penjualan.                                                     a. Revenue/sales.
     b. Laba (rugi).                                                              b. Income (loss).                                               121-122
     c. Struktur modal (capital structure).                                       c. Capital structure.
     d. Hal lainnya yang dianggap penting bagi Emiten atau                        d. Other matters considered important for the Issuer or Listed
        Perusahaan Publik.                                                           Company.

 11. Target/Proyeksi yang ingin dicapai Emiten atau Perusahaan Publik             Issuer’s or Listed Company’s target/projection in 1 (one) year,
     untuk 1 (satu) tahun mendatang, mengenai:                                    including:
     a. Pendapatan/penjualan.
     b. Laba (rugi).                                                              a. Revenue/sales.
     c. Struktur modal (capital structure).                                       b. Income (loss).                                                         122
     d. Kebijakan dividen.                                                        c. Capital structure.
     e. Hal lainnya yang dianggap penting bagi Emiten atau                        d. Dividend policy.
        Perusahaan Publik.                                                        e. Other matters that considered important for the Issuer or Listed
                                                                                     Company.

 12. Aspek Pemasaran atas barang dan/atau jasa Emiten atau                        Marketing Aspect for the product and service of Issuer or Listed
     Perusahaan Publik, paling sedikit mengenai strategi pemasaran                Company, such as: marketing strategy and market share.           123-124
     dan pangsa pasar.

 13. Uraian mengenai Dividen selama 2 (dua) tahun buku terakhir (jika             Description regarding Dividends for the last 2 (two) fiscal years (if
     ada), paling sedikit:                                                        any), including:
     a. Kebijakan dividen.                                                        a. Dividend policy.
     b. Tanggal pembayaran dividen kas dan/atau tanggal distribusi                b. Date of cash dividend payment and/or date of non-cash                  124
        dividen non kas.                                                             dividend distribution.
     c. Jumlah dividen per saham (kas dan/atau non kas).                          c. Amount of dividend per share (cash/non-cash).
     d. Jumlah dividen per tahun yang dibayar.                                    d. Amount of paid dividend per year.

 14. Realisasi Penggunaan Dana Hasil Penawaran Umum, dengan                       Actual Use of Proceeds from the Public Offering, provided that:
     ketentuan:                                                                   a. During fiscal year, the Issuer had the obligation to hand over the
     a. Dalam hal selama tahun buku, Emiten memiliki kewajiban                       accountability report, thus the cumulative use of the proceeds
        menyampaikan laporan realisasi penggunaan dana, maka                         from the Public Offering should be disclosed until the last fiscal
        diungkapkan realisasi penggunaan dana hasil Penawaran                        year.
        Umum secara kumulatif sampai dengan akhir tahun buku.                                                                                               125
     b. Dalam hal terdapat perubahan penggunaan dana                              b. Should there be any changes in the use of proceeds as
        sebagaimana diatur dalam Peraturan Otoritas Jasa Keuangan                    stipulated in the Regulation of Financial Services Authority
        tentang Laporan Realisasi Penggunaan Dana Hasil Penawaran                    on Report Realization of the Use of Proceeds from Public
        Umum, maka Emiten menjelaskan perubahan tersebut.                            Offerings, Issuers should explain such changes.

 15. Informasi Material (jika ada), antara lain mengenai investasi, ekspansi,     Material Information (if any) regarding investments, expansion,
     divestasi, penggabungan/peleburan usaha, akuisisi, restrukturisasi           divestment, business merger/takeover,acquisition, debt/equity
     utang/modal, transaksi material, transaksi afiliasi dan transaksi yang       restructuring, material transaction, affiliated transaction and
     mengandung benturan kepentingan, yang terjadi pada tahun buku,               transaction containing conflict of interest or occurred in fiscal year,
     antara lain memuat:                                                          including:
     a. Tanggal, nilai dan objek transaksi.                                       a. Date, value and transaction object.
     b. Nama pihak yang bertransaksi.                                             b. Name of the parties conducting transaction.
     c. Sifat hubungan afiliasi (jika ada).                                       c. Nature of affiliation (if any).
     d. Penjelasan mengenai kewajaran transaksi.                                  d. Description about transaction fairness.
     e. Pemenuhan ketentuan terkait.                                              e. Relevant regulation compliance.
     f. Dalam hal terdapat hubungan afiliasi, selain mengungkapkan                f. In the case of affiliated relations present, the Issuer or Listed
         informasi sebagaimana dimaksud huruf a sampai e, Emiten atau                 Company shall disclose information other than refered to in
         Perusahaan Publik juga mengungkapkan informasi:                              point a to e as follows:
         1) pernyataan Direksi bahwa transaksi afiliasi telah melalui                 1) the Directors’ statement that the affiliated transactions
              prosedur yang memadai untuk memastikan bahwa transaksi                      have been processed through adequate procedures in
              afiliasi dilaksanakan sesuai dengan praktik bisnis yang berlaku             accordance to the general business practices, i.e. with arms-
              umum antara lain dilakukan dengan memenuhi prinsip transaksi                length principle.
              yang wajar.
         2) peran          Dewan      Komisaris     dan      komite     audit          2) the roles of the Board of Commissioners and audit
              dalam         melakukan       prosedur      yang      memadai               committee is adequate to ensure that the affiliated
              untuk         memastikan        bahwa      transaksi     afiliasi           transactions have been implemented in accordance to the 125-127
              dilaksanakan sesuai dengan praktik bisnis yang berlaku umum                 general business practices, i.e. with arms-length principles.
              antara lain dilakukan dengan memenuhi prinsip transaksi
              yang wajar.                                                         g. Affiliated transactions and material transactions generating
     g. Untuk transaksi afiliasi atau transaksi material yang merupakan              recurring and/or sustainable revenues, should be explained
         kegiatan usaha yang dijalankan dalam rangka menghasilkan                    that the transactions were implemented to generate recurring
         pendapatan usaha dan dijalankan secara rutin, berulang dan/                 and/or sustainable revenues.
         atau berkelanjutan, ditambahkan penjelasan bahwa transaksi
         afiliasi atau transaksi material tersebut merupakan kegiatan usaha
         yang dijalankan dalam rangka menghasilkan pendapatan usaha
         dan dijalankan secara rutin, berulang dan/atau berkelanjutan.
     h. Untuk pengungkapan transaksi afiliasi dan/atau transaksi                  h. Affiliated transactions and transactions with conflicts of interest
         benturan kepentingan yang merupakan hasil pelaksanaan                       that had been approved by independent shareholders should
         transaksi afiliasi dan/atau transaksi benturan kepentingan yang             be explained at the general meeting of shareholders for
         telah disetujui pemegang saham independen, ditambahkan                      approval.
         informasi mengenai tanggal pelaksanaan RUPS yang menyetujui
         transaksi afiliasi dan/atau transaksi benturan kepentingan
         tersebut.                                                                i.   In the absent of affiliated transaction and/or transaction with
     i. Dalam hal tidak terdapat transaksi afiliasi dan/atau transaksi                 conflict of interest, information was disclosed.
         benturan kepentingan, maka diungkapkan mengenai hal
         tersebut.



224        LAPORAN TAHUNAN 2024
Page 225
     Closing                                                                                                  PT Duta Pertiwi Tbk



16. Perubahan Ketentuan Peraturan Perundang-undangan yang               Changes in Regulation having a significant impact on the Issuer
    berpengaruh signifikan terhadap Emiten atau Perusahaan Publik       and Listed Company and the impact on financial statements (if any).    127
    dan dampaknya terhadap laporan keuangan (jika ada).


17. Perubahan Kebijakan Akuntansi, alasan dan dampaknya terhadap        Changes in the Accounting Policy, reason and its impact on
    laporan keuangan (jika ada).                                        financial statements (if any).                                         127



     Tata Kelola Emiten atau Perusahaan Publik                          Corporate Governance
VII. Tata kelola Emiten atau Perusahaan Publik paling sedikit memuat    Governance of Issuer or Listed Company shall contain at least a
     uraian singkat mengenai:                                           brief description about:


1.   RUPS                                                               GMS
     a. Informasi mengenai keputusan RUPS pada tahun buku dan 1         a. Information on GMS resolution in the financial year and 1 (one) 133-140
        (satu) tahun sebelum tahun buku.                                   year prior to the financial year.
     b. Dalam hal Emiten atau Perusahaan Publik menggunakan pihak       b. In the event of the Issuer or Public Company used independent
        independen dalam pelaksanaan RUPS untuk perhitungan                party for voting count.
        suara.

2.   Direksi, mencakup antara lain:                                     The Directors, include:
     a. Tugas dan tanggung jawab masing-masing anggota Direksi.         a. The duties and responsibilities of each member of the Directors.
     b. Pernyataan bahwa Direksi memiliki pedoman atau piagam           b. A statement that the Directors has the Directors’ guidelines or
        (charter) Direksi.                                                 charter.
     c. Kebijakan dan pelaksanaan tentang frekuensi rapat Direksi,      c. Policy and the implementation of the Directors meeting
        termasuk rapat bersama Dewan Komisaris, dan tingkat                frequency, including meeting with Board of Commissioners, 141-149
        kehadiran anggota Direksi dalam rapat tersebut.                    and attendance of the Directors in such meeting.
     d. Pelatihan dan/atau peningkatan kompetensi anggota direksi.      d. Trainings and/or competence development of the members of
                                                                           the Directors.
     e. Penilaian terhadap kinerja       komite   yang   mendukung      e. The assessment on the performance of committee which
        pelaksanaan tugas Direksi.                                         supports the implementation of the Directors’ duties.


3.   Dewan Komisaris, mencakup antara lain:                             The Board of Commissioners, include, among others:
     a. Tugas dan tanggung jawab Dewan Komisaris.                       a. The duties and responsibilities of each member of the Board of
                                                                            Commissioners.
     b. Pernyataan bahwa Dewan Komisaris memiliki pedoman atau          b. Statement that the Board of Commissioners has the Board of
        piagam (charter) Dewan Komisaris.                                   Commissioners’ guidelines or charter.
     c. Kebijakan dan pelaksanaan tentang frekuensi rapat Dewan         c. Policy and the implementation of the Board of Commissioners
        Komisaris, termasuk rapat bersama Direksi, dan tingkat              meeting frequency, including meeting with the Directors, and level
        kehadiran anggota Dewan Komisaris dalam rapat tersebut.             of attendance of the members of the Board of Commissioners in
     d. Pelatihan dan/peningkatan kompetensi anggota Dewan                  such meeting.
        Komisaris:                                                      d. Trainings and/or competence development of the members of
                                                                            the Board of Commissioners:
        1) Kebijakan pelatihan dan/atau peningkatan kompetensi              1) Training policy and/or competency improvement for
            anggota Dewan Komisaris, termasuk program orientasi                 members of the Board of Commissioners, including an
            bagi anggota Dewan Komisaris yang baru diangkat (jika               orientation program for newly appointed members of the
            ada).                                                               Board of Commissioners (if any).                               150-157
        2) Pelatihan dan/atau peningkatan kompetensi yang diikuti           2) Training and/or competency improvement attended by
            anggota Dewan Komisaris dalam tahun buku (jika ada).                members of the Board of Commissioners in the financial year
     e. Kebijakan Emiten atau Perusahaan Publik tentang penilaian               (if any).
        terhadap kinerja anggota Direksi dan anggota Dewan              e. Issuer’s or Listed Company’s policy on the assessment of the
        Komisaris dan pelaksanaannya, paling sedikit meliputi:              performance of the Directors’ and Board of Commissioners’
                                                                            members and its implementation, which includes at least:
          1) Prosedur pelaksanaan penilaian kinerja.                        1) Procedure of performance assessment.
          2) Kriteria yang digunakan.                                       2) The criteria used.
          3) Pihak yang melakukan penilaian.                                3) The party carrying out the assessment.
     f.   Penilaian terhadap kinerja komite yang         mendukung      f. The assessment on the performance of committee which
          pelaksanaan tugas Dewan Komisaris meliputi:                       supports the implementation of the Board of Commissioners’
          1) Prosedur penilaian kinerja.                                    duties; including:
          2) Kriteria yang digunakan.                                       1) Performance assessment procedure.
                                                                            2) Usable criteria.

4.   Nominasi dan Remunerasi Direksi dan Dewan Komisaris                Nomination and Remuneration of the Directors and the Board of
                                                                        Commissioners
     a. Prosedur nominasi, meliputi uraian singkat mengenai             a. The nomination procedure, including a brief description of
        kebijakan dan proses nominasi anggota Direksi dan/atau             the policies and process for nomination of members of the
        anggota Dewan Komisaris.                                           Directors and/or members of the Board of Commissioners.
     b. Prosedur dan pelaksanaan remunerasi Direksi dan Komisaris       b. Procedures and implementation of remuneration for Directors
        antara lain:                                                       and Commissioners, including:
        1) Prosedur penetapan remunerasi Direksi dan Dewan                 1) Procedures for determining remuneration for the Board of 158-160
           Komisaris.                                                         Directors and the Board of Commissioners.
                                                                           2) The remuneration structure of the Board of Directors and
          2) Struktur remunerasi Direksi dan Dewan Komisaris, seperti         the Board of Commissioners, such as salaries, allowances,
             gaji, tunjangan, tantiem/bonus, dan lainnya.                     bonuses, and others.
                                                                           3) The amount of remuneration for each member of the Board
          3) Besarnya remunerasi masing-masing anggota Direksi dan            of Directors and the Board of Commissioners.
             Dewan Komisaris.

5.   Dewan Pengawas Syariah, bagi Emiten atau Perusahaan Publik         Sharia Supervisory Board, for Issuer or Listed Company which
     yang menjalankan kegiatan usaha berdasarkan prinsip syariah        carried out business activity based on sharia principle as stated in   171
     sebagaimana tertuang dalam anggaran dasar.                         the article of association.


6.   Komite Audit, mencakup antara lain:                                Audit Committee, includes, among others:
     a. Nama dan jabatannya dalam keanggotaan komite.                   a. Name and position in the committee.
     b. Usia.                                                           b. Age.
     c. Kewarganegaraan.                                                c. Citizenship.
     d. Riwayat pendidikan.                                             d. Educational history.
     e. Riwayat jabatan, meliputi informasi:                            e. Work experience, which includes information:                 161-167
        1) Dasar hukum penunjukan sebagai anggota komite.                  1) Basis for appointment as the member of the comittee.
        2) Rangkap jabatan, baik sebagai anggota Dewan Komisaris,          2) Concurrent position, either as the member of the Board of
           anggota Direksi dan/atau anggota komite serta jabatan               Commissioners, member of the Directors and/or member
           lainnya (jika ada).                                                 of committee as well as other position (if any).
        3) Pengalaman kerja beserta periode waktunya baik di dalam         3) Work experience and duration of employment, both within
           maupun di luar Emiten atau Perusahaan Publik.                       and outside of the Issuer or Listed Company.




                                                                                                             2024 ANNUAL REPORT                    225
Page 226
      Penutup




      f. Periode dan masa jabatan anggota Komite Audit.                     f. Period and tenure of the member of Audit Committee.
      g. Pernyataan independensi Komite Audit.                              g. The Audit Committee’s statement of independence.
      h. Kebijakan dan pelaksanaan tentang frekuensi rapat Komite           h. Policy and implementation regarding the frequency of Audit
         Audit dan tingkat kehadiran anggota Komite Audit dalam                Committee meetings and the attendance of members of the
         rapat tersebut.                                                       Audit Committee at these meetings.
                                                                            i. Training attended in the fiscal year (if any).
      i.   Pendidikan dan/atau pelatihan yang telah diikuti dalam tahun
           buku (jika ada).                                                 j.   Implementation of Audit Committee’s activity in the fiscal year
      j.   Pelaksanaan kegiatan Komite Audit pada tahun buku sesuai              in accordance with the Audit Committee guideline or charter.
           dengan yang dicantumkan dalam pedoman atau piagam (charter)
           Komite Audit.

 7.   Komite Nominasi dan Remunerasi, yang mencakup antara lain:            Nomination and Remuneration Committees, including:
      a. Nama dan jabatannya dalam keanggotaan komite.                      a. Name and position in the committee.
      b. Usia.                                                              b. Age.
      c. Kewarganegaraan.                                                   c. Citizenship.
      d. Riwayat pendidikan.                                                d. Educational history.
      e. Riwayat jabatan, meliputi informasi:                               e. Work experience, which includes information:
         1) Dasar hukum penunjukan sebagai anggota komite.                     1) Basis for appointment as the member of the committee.
         2) Rangkap jabatan, baik sebagai anggota Dewan Komisaris,             2) Concurrent position, either as the member of the Board of
            anggota Direksi dan/atau anggota komite serta jabatan                  Commissioners, member of the Directors and/or member
            lainnya (jika ada).                                                    of committee as well as other position (if any).
                                                                               3) Work experience and duration of employment, both within
         3) Pengalaman kerja beserta periode waktunya baik di dalam                and outside of the Issuer or Listed Company.
             maupun di luar Emiten atau Perusahaan Publik.
      f. Periode dan masa jabatan anggota komite.                           f. Period and tenure of member of committee.
      g. Uraian tugas dan tanggung jawab.                                   g. Description of duties and responsibilities.
      h. Pernyataan bahwa telah memiliki pedoman atau piagam                h. Statement of the committee’s guidelines or charter.                 168-170
         (charter) komite.
      i. Pernyataan independensi komite.                                    i. The Committee’s statement of independence.
      j. Kebijakan dan pelaksanaan tentang frekuensi rapat komite           j. Policy and implementation regarding the frequency of
         dan tingkat kehadiran anggota komite dalam rapat tersebut.            Committee meetings and the attendance of members of the
                                                                               Committee at these meetings.
      k. Pendidikan dan/atau pelatihan yang telah diikuti dalam tahun       k. Training attended in the fiscal year (if any).
         buku (jika ada).
      l. Uraian singkat pelaksanaan kegiatan komite pada tahun buku.        l. Brief description of the duty implementation delivered by the
                                                                               Committee during the fiscal year.
      m. Dalam hal tidak dibentuk komite nominasi dan remunerasi,           m. If a nomination and remuneration committee was not
         Emiten dan Perusahaan Publik cukup mengungkapkan:                     established, it was sufficient for the Issuer and Public Company
         1) Alasan tidak dibentuk.                                             to disclose:
         2) Pihak yang melaksanakan fungsi nominasi dan remunerasi.            1) The reason for not forming the committee.
                                                                               2) The parties responsible for carrying out nomination and
                                                                                   remuneration functions.

 8.   Komite Lain yang dimiliki Emiten atau Perusahaan Publik dalam         Other Committees that the Issuer or Listed Company
      rangka mendukung fungsi dan tugas Direksi dan/atau Dewan              have in order to support the function and duties
      Komisaris, yang mencakup antara lain:                                 of    the   Directors    and/or      Board    of  Commissioners,
                                                                            including:
      a. Nama dan jabatannya dalam keanggotaan komite.                      a. Name and position in the committee
      b. Usia.                                                              b. Age
      c. Kewarganegaraan.                                                   c. Citizenship
      d. Riwayat pendidikan.                                                d. Educational history
      e. Riwayat jabatan, meliputi informasi:                               e. Work experience, which includes information:
         1) Dasar hukum penunjukan sebagai anggota komite.                      1) Basis for the appointment as member of the committee.
         2) Rangkap jabatan, baik sebagai anggota Dewan Komisaris,              2) Concurrent position, either as member of the Board
             anggota Direksi, dan/atau anggota komite serta jabatan                 of Commissioners, member of the Directors, and/or
             lainnya (jika ada).                                                    committee member as well as other position (if any).
         3) Pengalaman kerja beserta periode waktunya baik di dalam             3) Work experience and duration of employment, both within          171
             maupun di luar Emiten atau Perusahaan Publik.                          and outside of the Issuer or Listed Company.
      f. Periode dan masa jabatan anggota komite.                           f. Period and tenure of member of committee.
      g. Uraian tugas dan tanggung jawab.                                   g. Description of duties and responsibilities.
      h. Pernyataan bahwa telah memiliki pedoman atau piagam                h. Statement of the committee’s guidelines or charter.
         (charter) komite.
      i. Pernyataan independensi komite.                                    i. The Committee’s statement of independence.
      j. Kebijakan dan pelaksanaan tentang frekuensi rapat komite           j. Policy and implementation regarding the frequency of
         dan tingkat kehadiran anggota komite dalam rapat tersebut.            Committee meetings and the attendance of members of the
                                                                               Committee at these meetings.
      k. Pendidikan dan/atau pelatihan yang telah diikuti dalam tahun       k. Training attended in the fiscal year (if any).
         buku (jika ada).
      l. Uraian singkat pelaksanaan kegiatan komite pada tahun              l.   Brief description of the duty implementation delivered by the
         buku.                                                                   Committee during the fiscal year.

 9.   Sekretaris Perusahaan, mencakup antara lain:                          Corporate Secretary, including:
      a. Nama.                                                              a. Name.
      b. Domisili.                                                          b. Domicile.
      c. Riwayat jabatan, meliputi informasi:                               c. Work experience, including the following information:
         1) Dasar hukum penunjukan sebagai Sekretaris Perusahaan.              1) Basis for appointment as the Corporate Secretary.
         2) Pengalaman kerja beserta periode waktunya baik di                  2) Work experience and duration of employment, both within 172-175
             dalam maupun di luar Emiten atau Perusahaan Publik.                   and outside of the Issuer or Listed Company.
      d. Riwayat pendidikan.                                                d. Educational history.
      e. Pendidikan dan/atau pelatihan yang diikuti dalam tahun             e. Training attended in the fiscal year (if any).
         buku.                                                              f. Brief description of the duty implementation delivered by the
      f. Uraian singkat pelaksanaan tugas Sekretaris Perusahaan pada           Corporate Secretary during the fiscal year.
         tahun buku.

 10. Unit Audit Internal, mencakup antara lain:                             Internal Audit Unit, including:
     a. Nama Kepala Unit Audit Internal.                                    a. Name of the Head of the Internal Audit Unit.
     b. Riwayat jabatan, meliputi informasi:                                b. Work experience, including the following information:
        1) Dasar hukum penunjukan sebagai kepala Unit Audit                     1) Basis for appointment as the Head of the Internal Audit
            Internal.                                                               Unit.
        2) Pengalaman kerja beserta periode waktunya baik di                    2) Work experience and duration of employment, both within
            dalam maupun di luar Emiten atau Perusahaan Publik.                     and outside of the Issuer or Listed Company.
     c. Kualifikasi atau sertifikasi sebagai profesi audit internal (jika   c. Qualifications and certifications relevant to internal auditing (if
        ada).                                                                   applicable).                                                       176-182
     d. Pendidikan dan/atau pelatihan yang diikuti dalam tahun              d. Training attended during the fiscal year.
        buku.                                                               e. Structure and positions within the Internal Audit Unit.
     e. Struktur dan kedudukan Unit Audit Internal.                         f. Description of duties and responsibilities.
     f. Uraian tugas dan tanggung jawab.                                    g. Statement of the guidelines or charter for the Internal Audit
     g. Pernyataan bahwa telah memiliki pedoman atau piagam                     Unit.
        (charter) Unit Audit Internal.                                      h. Brief description of the duty implementation delivered by the
     h. Uraian singkat pelaksanaan tugas Unit Audit Internal pada               Internal Audit Unit during the fiscal year.
        tahun buku.




226        LAPORAN TAHUNAN 2024
Page 227
    Closing                                                                                                  PT Duta Pertiwi Tbk




11 Uraian mengenai Sistem Pengendalian Internal yang diterapkan        Description about Internal Control System implemented by the
   oleh Emiten atau Perusahaan Publik, paling sedikit mengenai:        Issuer or Listed Company, including:
   a. Pengendalian keuangan dan operasional, serta kepatuhan           a. Financial and operational control, as well as compliance
      terhadap peraturan perundang-undangan lainnya.                       towards other regulations.                                 182-183
   b. Tinjauan atas efektivitas sistem pengendalian internal.          b. Review of the effectiveness of internal control system.
   c. Pernyataan Direksi dan/atau Dewan Komisaris atas kecukupan       c. Statement of the Directors and/or Board of Commissioners on
      sistem pengendalian internal.                                        the adequacy of the internal control system.


12. Sistem Manajemen Risiko yang diterapkan oleh Emiten atau           Risk Management System implemented by the Issuer or Listed
    Perusahaan Publik, paling sedikit mengenai:                        Company, including:
    a. Gambaran umum mengenai sistem manajemen risiko Emiten           a. General description about the Issuer’s or Listed Company’s risk
        atau Perusahaan Publik.                                            management system.
    b. Jenis risiko dan cara pengelolaannya.                           b. Type of risk and its management.                                 189-192
    c. Tinjauan atas efektivitas sistem manajemen risiko Emiten atau   c. Review of the effectiveness of Issuer’s or Listed Company’s risk
        Perusahaan Publik.                                                 management.
    d. Pernyataan Direksi dan/atau Dewan Komisaris atas kecukupan      d. Statement of the Board of Directors and/or Board of
        sistem manajemen risiko.                                           Commissioners on the adequacy of the risk management.



13. Perkara Penting yang dihadapi oleh Emiten atau Perusahaan          Important Cases encountered by Issuer or Listed Company,
    Publik, entitas anak, anggota Direksi dan anggota Dewan            subsidiary entities, members of Directors and Board of
    Komisaris (jika ada), antara lain meliputi:                        Commissioners, including:
    a. Pokok perkara/gugatan.                                          a. Subject of the case/claim.                                 193-194
    b. Status penyelesaian perkara/gugatan.                            b. Status of settlement of case/claim.
    c. Pengaruhnya terhadap kondisi Emiten atau Perusahaan Publik.     c. Potential impacts on the condition of the Issuer or Listed
                                                                          Company.

14. Informasi tentang Sanksi Administratif yang dikenakan kepada       Information about Administrative sanctions imposed on the Issuer
    Emiten atau Perusahaan Publik, anggota Dewan Komisaris dan         or Listed Company, member of the Board of Commissioners and
    Direksi, oleh otoritas Pasar Modal dan otoritas lainnya pada       Directors, by the Capital Market authority and others in the last     195
    tahun buku terakhir (jika ada).                                    fiscal year (if any).


15. Informasi mengenai Kode Etik Emiten atau Perusahaan Publik         Information about Issuer’s or Listed Company’s Code of Conduct,
    meliputi:                                                          including:
                                                                       a. Principles of the code of conduct.
    a. Pokok-pokok kode etik.                                          b. Form of dissemination of code of conduct and its enforcement
    b. Bentuk sosialisasi kode etik dan upaya penegakannya.                attempt.                                                    196-198
                                                                       c. Statement that the code of conduct is applicable to the
    c. Pernyataan bahwa kode etik berlaku bagi anggota Direksi,            members of the Directors, Board of Commissioners and
       anggota Dewan Komisaris dan karyawan Emiten atau                    employees of the Issuer or Listed Company.
       Perusahaan Publik.

16. Uraian mengenai kebijakan pemberian kompensasi jangka              Description of the long-term performance-based compensation
    panjang berbasis kinerja kepada manajemen dan/atau karyawan.       policy for management and/or employees.                               199



17. Uraian singkat mengenai kebijakan pengungkapan informasi           A brief description of the information disclosure policy regarding:
    mengenai:                                                          a. Sharing the ownership details of Board of Directors and
    a. Kepemilikan saham anggota Direksi dan anggota Dewan                Commissioners.                                                   199-201
       Komisaris.                                                      b. Implementation of the policy.
    b. Pelaksanaan atas kebijakan dimaksud.

18. Uraian mengenai Sistem Pelaporan Pelanggaran di Emiten atau        Description of Whistleblowing System in the Issuer and Listed
    Perusahaan Publik (jika ada), antara lain meliputi:                Company (if any), includes, including:
    a. Cara penyampaian laporan pelanggaran.                           a. Mechanism of whistleblowing system.
    b. Perlindungan bagi pelapor.                                      b. Protection for the whistleblower.
    c. Penanganan pengaduan.                                           c. Complaint handling.
    d. Pihak yang mengelola pengaduan.                                 d. Party managing the complaint.                              202-204
    e. Hasil dari penanganan pengaduan, paling sedikit meliputi:       e. Result of complaint handling, at least includes:
       1) Jumlah pengaduan yang masuk dan diproses dalam                  1) Number of incoming and processed complaints in the
           tahun buku.                                                        fiscal year.
       2) Tindak lanjut pengaduan.                                        2) Complaint follow-up.


19. Uraian mengenai kebijakan anti korupsi Emiten atau Perusahaan      Description of the anti-corruption policy of the Issuer or Public
    Publik, paling sedikit memuat:                                     Company, including:
    a. Program dan prosedur yang dilakukan dalam mengatasi             a. Programs and procedures implemented to combat corrupt
       praktik korupsi, balas jasa (kickbacks), fraud, suap dan/atau      practices, kickbacks, fraud, bribery, and gratification in Issuers 205-206
       gratifikasi dalam Emiten atau Perusahaan Publik.                   or Public Companies.
    b. Pelatihan/sosialisasi anti korupsi kepada karyawan Emiten       b. Anti-corruption training/socialization for employees of Issuers
       atau Perusahaan Publik.                                            or Public Companies.


20. Penerapan atas Pedoman Tata Kelola Perusahaan Terbuka bagi         Implementation of Corporate Governance Guidelines for Issuers or
    Emiten yang menerbitkan Efek Bersifat Ekuitas atau Perusahaan      Listed Companies that have issued equity-type shares, including:
    Publik, meliputi:
    a. Pernyataan mengenai rekomendasi yang telah dilaksanakan.        a. Statement on the recommendations that had been 207-212
    b. Penjelasan atas rekomendasi yang belum dilaksanakan,               implemented.
       disertai alasan dan alternatif pelaksanaannya (jika ada).       b. Explanation of recommendations that had not been
                                                                          implemented, as well as the reason and implementation
                                                                          alternatives (if any).


VIII. Tanggung Jawab Sosial dan Lingkungan Emiten                      Social and Environmental Responsibility
    atau Perusahaan Publik                                             of Issuer or Listed Company




                                                                                                            2024 ANNUAL REPORT                   227
Page 228
      Penutup




 IX. Laporan Keuangan Tahunan yang Telah Diaudit                        Audited Financial Statements


      Laporan keuangan tahunan yang dimuat dalam Laporan                The annual financial statements contained in the Annual Report
      Tahunan disusun sesuai dengan Standar Akuntansi Keuangan          were prepared in accordance with the Financial Accounting
      di Indonesia dan telah diaudit oleh Akuntan. Laporan keuangan     Standard in Indonesia and had been audited by Accountant.
      dimaksud memuat pernyataan mengenai pertanggungjawaban            The financial report mentioned included a statement about
      atas laporan keuangan sebagaimana diatur dalam peraturan          accountability for the financial report, as outlined in the laws and   240
      perundang-undangan di sektor Pasar Modal yang mengatur            regulations governing the Capital Market sector. These rules
      mengenai tanggung jawab Direksi atas laporan keuangan atau        established the responsibilities of directors concerning financial
      peraturan perundang-undangan di sektor Pasar Modal yang           statements, as well as regulations for periodic reports required
      mengatur mengenai laporan berkala Perusahaan Efek dalam hal       from Securities Companies when the Issuer was classified as a
      Emiten merupakan Perusahaan Efek.                                 Securities Company.


      Surat Pernyataan Anggota Direksi dan Anggota Dewan                Statements of the Members of Directors and Board of
 X.   Komisaris tentang Tanggung Jawab atas Laporan Tahunan             Commissioners on Responsibility for the Annual Report


      Surat pernyataan anggota Direksi dan anggota Dewan Komisaris      The statement from the members of the Board of Commissioners
      tentang tanggung jawab atas Laporan Tahunan disusun sesuai        regarding their responsibility for the Annual Report had been
      dengan format Surat Pernyataan Anggota Direksi dan Anggota        prepared according to the format outlined in the Statement of
      Dewan Komisaris tentang Tanggung Jawab atas Laporan Tahunan       Responsibility for the Annual Report, as specified in the Appendix.    217
      sebagaimana tercantum dalam Lampiran yang merupakan bagian        This was an integral part of this Circular Letter from the Financial
      tidak terpisahkan dari Surat Edaran Otoritas Jasa Keuangan ini.   Services Authority.




                                                                   CATATAN | Notes :      N/A Tidak Ada None        N/R Tidak Relevan Not Relevant




228      LAPORAN TAHUNAN 2024
Page 229
    Closing                                                                                  PT Duta Pertiwi Tbk




REFERENSI ASEAN CORPORATE
GOVERNANCE SCORECARD
Reference to ASEAN Corporate Governance Scorecard


Deskripsi                                            Halaman    Deskripsi                                             Halaman
Description                                           Page      Description                                            Page

                                                                                  Does the company disclose
A. Rights and Equitable Treatment of
    Shareholders                                                                  the voting results including
                                                                                  approving, dissenting, and
                                                                         A.2.6                                        137-139
                                                                                  abstaining     votes  for  all
    A.1 Basic Shareholder Rights
                                                                                  resolutions/each agenda item
                                                                                  for the most recent AGM?
                  Does the company pay (interim
                  and final/annual) dividends in
                  an equitable and timely manner;                                 Does the company disclose
                                                                                                                      146, 155,
                  that is, all shareholders are                          A.2.7    the list of board members who         207
                  treated equally and paid within                                 attended the most recent AGM?
                  30 days after being (i) declared
         A.1.1    for interim dividends and (ii)       124
                                                                                  Does the company disclose that
                  approved     by    shareholders                                 all board members and the CEO
                  at general meetings for final                          A.2.8                                          N/A
                                                                                  (if he is not a board member)
                  dividends? In case the company                                  attended the most recent AGM?
                  has offered Scrip dividend, did
                  the company paid the dividend
                  within 60 days.                                                 Does the company allow voting
                                                                         A.2.9                                          134
                                                                                  in absentia?
        Right to participate effectively in and
                                                                                  Did the company vote by poll
        vote in general shareholder meetings
                                                                                  (as opposed to by show of
    A.2 and should be informed of the rules,                             A.2.10                                         134
                                                                                  hands) for all resolutions at the
        including voting procedures, that govern
                                                                                  most recent AGM?
        general shareholder meetings
                                                                                  Does the company disclose that
                  Do shareholders have the                                        it has appointed an independent
                  opportunity, evidenced        by                       A.2.11   party (scrutineers/inspectors) to     136
                  an agenda item, to approve                                      count and/or validate the votes
                  remuneration (fees, allowances,                                 at the AGM?
         A.2.1    benefit-in-kind   and     other      135
                  emoluments) or any increases                                    Does the company make
                  in   remuneration     for    the                                publicly available by the next
                  non-executive         directors/                                working day the result of
                  commissioners?                                         A.2.12                                         136
                                                                                  the votes taken during the
                  Does the company provide                                        most recent AGM/EGM for all
                  non-controlling    shareholders                                 resolutions?
         A.2.2    a right to nominate candidates       N/A
                  for    board    of    directors/                                Does the company provide at
                  commissioners?                                         A.2.13   least 21 days notice for all AGMs     135
                                                                                  and EGMs?
                  Does the company allow
         A.2.3    shareholders to elect directors/     N/A
                                                                                  Does the company provide the
                  commissioners individually?
                                                                                  rationale and explanation for
                                                                                  each agenda item which require
                                                                         A.2.14                                         135
                  Does the company disclose the                                   shareholders’ approval in the
         A.2.4    voting procedures used before      135, 136                     notice of AGM/circulars and/or
                  the start of meeting?                                           the accompanying statement?

                  Do the minutes of the most
                                                                                  Does the company give the
                  recent AGM record that the
                                                                                  opportunity for shareholders
                  shareholders were given the
                                                                                  to place item/s on the agenda
         A.2.5    opportunity to ask questions         136               A.2.15                                         135
                                                                                  of general meetings and/or to
                  and the questions raised by
                                                                                  request for general meetings
                  shareholders and answers given
                                                                                  subject to a certain percentage?
                  recorded?




                                                                                             2024 ANNUAL REPORT               229
Page 230
      Penutup




 Deskripsi                                               Halaman    Deskripsi                                                              Halaman
 Description                                              Page      Description                                                             Page


          Markets for corporate control should be                                       Are the directors/commissioners
      A.3 allowed to function in an efficient and                                       required to report their dealings
                                                                              A.7.1                                                          199
          transparent manner                                                            in company shares within 3
                                                                                        business days?
                     In cases of mergers, acquisitions
                     and/or takeovers requiring                               Related party transactions by directors
                                                                        A.8
                     shareholders'          approval,                         and key executives
                     does the board of directors/
            A.3.1                                          N/A                          Does the company have a
                     commissioners of the company
                     appoint an independent party                                       policy requiring a committee
                     to evaluate the fairness of the                                    of    independent    directors/
                     transaction price?                                                 commissioners     to    review
                                                                              A.8.1                                                          126
                                                                                        material RPTs to determine
                                                                                        whether they are in the best
          The exercise of ownership rights by all
                                                                                        interests of the company and
      A.4 shareholders, including institutional
                                                                                        shareholders?
          investors, should be facilitated
                                                                                        Does the company have a policy
                                                                                        requiring           board        members
                     Does the company disclose
                                                                                        ( d i re c t o r s / c o m m i s s i o n e r s )
                     its practices to encourage
                                                                              A.8.2     to abstain from participating                      145, 155
            A.4.1    shareholders to engage with         175, 200
                                                                                        in the board discussion on a
                     the company beyond general
                                                                                        particular agenda when they are
                     meetings?
                                                                                        conflicted?

      A.5 Shares and voting rights                                                      Does the company have
                                                                                        policies on loans to directors
                     Where the company has more                                         and     commissioners    either
                     than one class of shares, does                           A.8.3     forbidding this practice or                          127
                     the company publicize the                                          ensuring that they are being
                     voting rights attached to each                                     conducted at arm's length basis
            A.5.1                                          135
                                                                                        and at market rates?
                     class of shares (e.g. through the
                     company website/reports/the
                     stock exchange/the regulator's                           Protecting minority shareholders from
                                                                        A.9
                     website)?                                                abusive actions

      A.6 Notice of AGM                                                                 Does the company disclose that
                                                                                        RPTs are conducted in such a
                     Does each of the resolutions                             A.9.1                                                          125
                                                                                        way to ensure that they are fair
                     tabled at the most recent annual                                   and at arms' length?
                     general meeting deal with
            A.6.1                                          135                          In case of related party
                     only one item, i.e., there is no
                     bundling of several items into                                     transactions         requiring
                     the same resolution?                                     A.9.2     shareholders' approval, is the                       125
                                                                                        decision made by disinterested
                     Are the company's notice of                                        shareholders?
                     the most recent AGM/circulars
            A.6.2    fully translated into English and     135      B. Sustainability and Resilience
                     published on the same date as
                     the local-language version?
                                                                            Sustainability-related disclosure should
                                                                            be consistent, comparable and reliable,
            Does the notice of AGM/circulars have the
                                                                            and include retrospective and forward-
            following details:
                                                                        B.1 looking material information that a
                                                                            reasonable investor would consider
                     Are the profiles of directors/                         important in making an investment or
                     commissioners (at least age,                           voting decision
                     academic qualification, date of
            A.6.3    first appointment, experience,        N/A                Material Sustainability-related information
                     and directorships in other listed                        should be specified
                     companies) in seeking election/
                     re-election included?                                              Does the company identify/
                                                                                        report ESG topics that are
                                                                              B.1.1                                                         SR 37
                     Are the auditors seeking                                           material to the organization’s
            A.6.4    appointment/re-appointment            139                          strategy?
                     clearly identified?
                                                                                        Does the company identify
                                                                              B.1.2                                                         SR 41
                     Were the proxy documents                                           climate change as an issue?
            A.6.5                                          135
                     made easily available?

            Insider trading and abusive self-dealing
      A.7
            should be prohibited




230         LAPORAN TAHUNAN 2024
Page 231
    Closing                                                                                       PT Duta Pertiwi Tbk




Deskripsi                                               Halaman      Deskripsi                                              Halaman
Description                                              Page        Description                                             Page

                   Does the company adopt an                                 The corporate governance framework
                   internationally      recognized                           should     recognize   the    rights   of
                   reporting       framework     or                          stakeholders established by law or
         B.1.3     standard for sustainability (i.e.      SR 8               through      mutual   agreements     and
                   GRI, Integrated Reporting, SASB,                      B.4
                                                                             encourage active co-operation between
                   IFRS Sustainability Disclosure                            corporations and stakeholders in creating
                   Standards)?                                               wealth, jobs, and the sustainability of
                                                                             financially sound enterprises
         If a company publicly sets a sustainability-
         related goal or target, the disclosure                                Does the company disclose a policy and
         framework should provide that reliable                                practices that address :
         metrics are regularly disclosed in an
         easily accessible form                                                        The existence and scope of the
                                                                               B.4.1   company's efforts to address           SR 62
                   Does the company disclose SR 18, 20, 22,                            customers' welfare?
                                                 30, 68, 92,
         B.1.4     quantitative  sustainability 98, 102, 114,
                   target?                        144, 155                             Supplier/contractor      selection
                                                                               B.4.2                                          SR 97
                                                                                       procedures?
                   Does the company disclose
                   sustainability-related               SR 30, 68,
                                                         92, 98,                       The company's efforts to
         B.1.5     performance     progress    in       114, 144,                      ensure that its value chain is
                   relation to its previously set          155                 B.4.3   environmentally friendly or            SR 28
                   targets?
                                                                                       is consistent with promoting
                                                                                       sustainable development?
                   Does the company confirm
                   that its Sustainability Report/
         B.1.6     Reporting is reviewed and /or          SR 55                        The company's efforts to interact
                   approved by the Board or Board                              B.4.4   with the communities in which        SR 42, 149
                   Committee?                                                          they operate?

        Corporate      governance frameworks                                           The company's anti-corruption
        should allow for dialogue between                                      B.4.5                                          SR 99
                                                                                       programmes and procedures?
    B.2 a company, its shareholders and
        stakeholders to exchange views on                                              How creditors'        rights   are
        sustainability matters                                                 B.4.6                                          SR 90
                                                                                       safeguarded?
                   Does the company engage
                   internal     stakeholders     to                                    Does the company have
                   exchange views and gather                                           a    separate   report/section
         B.2.1                                            SR 44                B.4.7   that discusses its efforts on          Ya Yes
                   feedback      on   sustainability
                   matters that are material to the                                    environment/economy       and
                   business of the company?                                            social issues?

                   Does the company engage                                   Where     stakeholder      interests  are
                   external     stakeholders     to                          protected by law, stakeholders should
                   exchange views and gather                             B.5
         B.2.2                                            SR 44              have the opportunity to obtain effective
                   feedback     on    sustainability                         redress for violation of their rights
                   matters that are material to the
                   business of the company?                                            Does the company provide
                                                                                       contact details via the company's
        The corporate governance framework                                             website or Annual Report which
        should ensure that boards adequately                                           stakeholders (e.g. customers,
        consider material sustainability risks                                 B.5.1                                         202-204
                                                                                       suppliers, general public etc.)
        and opportunities when fulfilling their                                        can use to voice their concerns
        key functions in reviewing, monitoring                                         and/or complaints for possible
    B.3
        and guiding governance practices,                                              violation of their rights?
        disclosure, strategy, risk management
        and internal control systems, including                                Mechanisms for employee participation
        with respect to climate-related physical                         B.6
                                                                               should be permitted to develop
        and transition risks
                                                                                       Does the company explicitly
         Boards should assess whether the                                              disclose the policies and
                                                                               B.6.1                                          SR 90
         company’s capital structure is compatible                                     practices on health, safety and
         with its strategic goals and its associated                                   welfare for its employees?
         risk appetite to ensure it is resilient to
                                                                                       Does the company explicitly
         different scenarios
                                                                                       disclose the policies and
                                                                               B.6.2   practices on training and             SR 151
                   Does the company disclose that                                      development programmes for
                   the board reviews on an annual                                      its employees?
                   basis that the company's capital
         B.3.1                                            119
                   and debt structure is compatible
                   with its strategic goals and its
                   associated risk appetite?




                                                                                                  2024 ANNUAL REPORT                   231
Page 232
      Penutup




 Deskripsi                                              Halaman       Deskripsi                                            Halaman
 Description                                             Page         Description                                           Page

                    Does the company have                                                Non-financial performance
                                                                                C.2.3                                      96-102
                    a        reward/compensation                                         indicators
                    policy that accounts for the
           B.6.3                                           199
                                                                                C.2.4    Dividend policy                   124-125
                    performance of the company
                    beyond short-term financial
                    measures?                                                            Biographical details (at least
                                                                                         age, academic qualifications,
          Stakeholders      including    individual                                      date of first appointment,
          employee and their representative                                     C.2.5    relevant experience, and any       53-64
          bodies, should be able to freely                                               other directorships of listed
      B.7 communicate their concerns about illegal                                       companies) of all directors/
          or unethical practices to the board and                                        commissioners
          their rights should not be compromised                                Corporate   Governance     Confirmation
          for doing this                                                        Statement
                    Does the company have a                                              Does the Annual Report contain
                    whistle blowing policy which                                         a statement confirming the
                    includes     procedures    for                                       company's full compliance
                    complaints by employees and                                          with the code of corporate
                                                        202-204,                C.2.6                                      207-212
           B.7.1    other stakeholders concerning        SR 57                           governance and where there is
                    alleged illegal and unethical                                        non-compliance, identify and
                    behavior and provide contact                                         explain reasons for each such
                    details via the company's                                            issue?
                    website or annual report
                    Does the company have a                                     Remuneration of Members of the Board
                                                                          C.3
                    policy or procedures to protect                             and Key Executives
                                                        202-204,
           B.7.2    an    employee/person       who      SR 57
                    reveals alleged illegal/unethical                                    Is there disclosure of the fee
                    behavior from retaliation?                                  C.3.1    structure for non-executive         N/A
                                                                                         directors/commissioners?
 C    Disclosure and Transparency
                                                                                         Does the company publicly
                                                                                         disclose [i.e. annual report
      C.1 Transparent ownership structure                                                or other publicly disclosed
                                                                                C.3.2    documents]      details      of     N/A
                    Does the information on                                              remuneration     of       each
                    shareholdings reveal the identity                                    non-executive         director/
           C.1.1                                            73
                                                                                         commissioner?
                    of beneficial owners, holding
                    5% shareholding or more?
                                                                                         Does the company disclose its
                                                                                         remuneration (fees, allowances,
                    Does the company disclose the                                        benefit-in-kind    and    other
                    direct and indirect (deemed)                                         emoluments) policy/practices
           C.1.2                                            73
                                                                                C.3.3                                        N/A
                    shareholdings of major and/or                                        (i.e. the use of short term
                    substantial shareholders?                                            and long term incentives and
                                                                                         performance measures) for its
                    Does the company disclose the                                        executive directors and CEO?
                    direct and indirect (deemed)
           C.1.3                                            74
                    shareholdings    of  directors                                       Does the company publicly
                    (commissioners)?                                                     disclose [i.e. annual report
                                                                                         or other publicly disclosed
                    Does the company disclose the                                        documents] the details of
                                                                                C.3.4                                        N/A
                    direct and indirect (deemed)                                         remuneration of each of the
           C.1.4                                            74                           executive directors and CEO [if
                    shareholdings    of    senior
                    management?                                                          he/she is not a member of the
                                                                                         Board]?
                    Does the company disclose                                   Disclosure of related party transactions
                    details of the parent/holding                         C.4
                                                                                (RPT)
                    company,            subsidiaries,
           C.1.5                                            75
                    associates, joint ventures and
                    special purpose enterprises/                                         Does the company disclose its
                    vehicles (SPEs)/(SPVs)?                                     C.4.1    policy covering the review and      126
                                                                                         approval of material RPTs?
      C.2 Quality of Annual Report
                                                                                         Does the company disclose the
           Does the company's annual          report                            C.4.2    name, relationship, nature and      126
           disclose the following items:                                                 value for each material RPTs?

           C.2.1    Corporate objectives                    40
                                                                                Directors and commissioners dealings in
                                                                          C.5
                              Financial performance     2, 12, 103-             shares of the company
           C.2.2                                            118
                                           indicators




232       LAPORAN TAHUNAN 2024
Page 233
    Closing                                                                                        PT Duta Pertiwi Tbk




Deskripsi                                              Halaman      Deskripsi                                               Halaman
Description                                             Page        Description                                              Page

                   Does the company disclose                                           Company's     constitution
          C.5.1    trading in the company's shares        N/A                          (company's        by-laws,
                                                                             C.9.6                                            201
                   by insiders?                                                        memorandum and articles of
                                                                                       association)
    C.6 External auditor and Auditor Report                             C.10 Investor relations

                                                                                       Does the company disclose the
          Where the same audit firm is engaged for                                     contact details (e.g. telephone,
          both audit and non-audit services                                  C.10.1    fax, and email) of the officer/         34
                                                                                       office responsible for investor
                   Are the audit and non-audit fees                                    relations?
          C.6.1                                           84
                   disclosed?
                                                                    D Responsibilities of the Board
                   Does the non-audit fee exceed
          C.6.2                                           84
                   the audit fees?                                      D.1 Board Duties and Responsibilities

    C.7 Medium of communications                                             Clearly defined board responsibilities and
                                                                             corporate governance policy

          Does the company use the following
          modes of communication?                                                      Does the company disclose its
                                                                             D.1.1     corporate governance policy/         141, 150
                                                                                       board charter?
          C.7.1    Quarterly reporting                    174

                                                                                       Are the types of decisions
          C.7.2    Company website                     174, SR 48                      requiring board of directors/
                                                                             D.1.2                                          143, 152
                                                                                       commissioners'      approval
          C.7.3    Analyst's briefing                    SR 42                         disclosed?

                   Media     briefings      /press                                     Are the roles and responsibilities
          C.7.4                                           175                                                               143, 145,
                   conferences                                               D.1.3     of the board of directors/           152-153
                                                                                       commissioners clearly stated ?        SR 53
          Timely filing/release of annual/financial
    C.8
          reports
                                                                             Corporate Vision/Mission
                   Are the audited annual financial
                   report/statement      released                                      Does the company have an
          C.8.1                                           174
                   within 120 days from the                                  D.1.4     updated vision and mission           38, SR 23
                   financial year end?                                                 statement?
                                                                                       Does the board of directors play
                   Is the annual report released                                       a leading role in the process
          C.8.2    within 120 days from the               174
                                                                             D.1.5     of developing and reviewing             38
                   financial year end?                                                 the company's strategy at least
                   Is the true and fairness/fair                                       annually?
                   representation of the annual                                        Does the board of directors have
                   financial     statement/reports                                     a process to review, monitor and
          C.8.3    affirmed by the board of               217                D.1.6                                            145
                                                                                       oversee the implementation of
                   directors/commissioners and/                                        the corporate strategy?
                   or the relevant officers of the
                   company?
                                                                        D.2 Board structure
    C.9 Company website
                                                                             Code of Ethics or Conduct
          Does the company have a website disclosing
          up-to-date information on the following:                                     Are the details of the code of         196,
                                                                             D.2.1                                           SR 57
                                                                                       ethics or conduct disclosed?
                   Financial     statements/reports
          C.9.1                                           201                          Are all directors/commissioners,
                   (latest quarterly)
                                                                                       senior      management      and        196,
                                                                             D.2.2                                           SR 57
                                                                                       employees required to comply
                   Materials provided in briefings
          C.9.2                                           N/A                          with the code/s?
                   to analysts and media
                                                                                       Does the company have a
          C.9.3    Downloadable annual report             201                          process to implement and
                                                                             D.2.3                                            197
                                                                                       monitor compliance with the
          C.9.4    Notice of AGM and/or EGM               201                          code/s of ethics or conduct?

                                                                             Board Structure & Composition
          C.9.5    Minutes of AGM and/or EGM              201




                                                                                                  2024 ANNUAL REPORT                 233
Page 234
      Penutup




 Deskripsi                                               Halaman    Deskripsi                                            Halaman
 Description                                              Page      Description                                           Page


                   Do independent directors/                                          Is the meeting attendance of
                   commissioners make up at least                                     the Remuneration Committee
          D.2.4                                            153
                   50% of the board of directors/                            D.2.17   disclosed and, if so, did the        170
                   commissioners?                                                     Remuneration Committee meet
                                                                                      at least twice during the year?
                   Does the company have a
                   term limit of nine years or less                          Audit Committee
          D.2.5    or 2 terms of five years each           154
                   for its independent directors/
                   commissioners?                                                     Does the company have an
                                                                             D.2.18                                      161-167
                                                                                      Audit Committee?
                   Has the company set a limit of
                                                                                      Is  the    Audit    Committee
                   five board seats that an individual
                                                                                      comprised      entirely      of
          D.2.6    independent/non-executive             141, 150
                                                                                      non-executive        directors/
                   director/commissioner          may                        D.2.19                                        164
                                                                                      commissioners with a majority
                   hold simultaneously?
                                                                                      of   independent     directors/
                   Does the company have any                                          commissioners?
                   executive directors who serve
                                                                                      Is the chairman of the Audit
          D.2.7    on more than two boards of              N/A                                                           161, 162,
                                                                             D.2.20   Committee an independent             164
                   listed companies outside of the
                                                                                      director/commissioner?
                   group?

          Nominating Committee                                                        Does the company disclose the
                                                                                      terms of reference/governance
                                                                             D.2.21                                        161
                   Does the company have a                                            structure/charter of the Audit
          D.2.8                                          168-171                      Committee?
                   Nominating Committee?
                                                                                      Does at least one of the
                   Is the Nominating Committee                                        independent           directors/
                   comprised of      a majority                                       commissioners of the committee
          D.2.9                                            N/A               D.2.22                                        163
                   of    independent   directors/                                     have     accounting    expertise
                   commissioners?                                                     (accounting qualification or
                                                                                      experience)?
                   Is the chairman of the Nominating                                  Is the meeting attendance of the
          D.2.10   Committee an independent                169
                                                                                      Audit Committee disclosed and,
                   director/commissioner?                                    D.2.23   if so, did the Audit Committee       166
                                                                                      meet at least four times during
                   Does the company disclose the                                      the year?
                   terms of reference/governance
          D.2.11                                           168
                   structure/charter   of    the                                      Does the Audit Committee
                   Nominating Committee?                                              have primary responsibility
                                                                             D.2.24   for recommendation on the            165
                   Is the meeting attendance of                                       appointment, and removal of
                   the Nominating Committee                                           the external auditor?
          D.2.12   disclosed and if so, did the            170
                   Nominating Committee meet at                         D.3 Board Processes
                   least twice during the year?
                                                                             Board meetings and attendance
          Remuneration Committee/Compensation
          Committee
                                                                                      Are the board of directors
                   Does the company have a                                   D.3.1    meeting scheduled before the         145
          D.2.13                                         168-171                      start of financial year?
                   Remuneration Committee?
                   Is    the       Remuneration                                       Does the board of directors/
                   Committee comprised entirely                              D.3.2    commissioners meet at least six    145-146
                   of non-executive directors/                                        times during the year?
          D.2.14                                           N/A
                   commissioners with a majority
                   of  independent     directors/                                     Has each of the directors/
                   commissioners ?                                                    commissioners attended at least
                                                                             D.3.3                                       146, 155
                   Is the chairman of the                                             75% of all the board meetings
                   Remuneration     Committee                                         held during the year?
          D.2.15                                           169
                   an   independent   director/
                   commissioner?                                                      Does the company require a
                                                                             D.3.4    minimum quorum of at least 2/3       N/A
                   Does the company disclose the                                      for board decisions?
                   terms of reference/governance
          D.2.16                                           168
                   structure/charter   of    the
                   Remuneration Committee?




234      LAPORAN TAHUNAN 2024
Page 235
    Closing                                                                                     PT Duta Pertiwi Tbk




Deskripsi                                              Halaman    Deskripsi                                              Halaman
Description                                             Page      Description                                             Page


                   Did the non-executive directors/                                 Does the appointment and
                   commissioners of the company                                     removal of the internal auditor
                                                                           D.3.16                                           N/A
         D.3.5     meet separately at least once         N/A                        require the approval of the
                   during the year without any                                      Audit Committee?
                   executives present?
                                                                           Risk Oversight
         Access to information
                                                                                    Does the company establish
                   Are board papers for board                                       a sound internal control
                   of     directors/commissioners                                   procedures/risk management           182-183,
                                                                           D.3.17                                         SR 56
         D.3.6     meetings provided to the board      145, 154                     framework and periodically
                   at least five business days in                                   review the effectiveness of that
                   advance of the board meeting?                                    framework?

                                                                                    Does the Annual Report/
                   Does the company secretary                                       Annual CG Report disclose
                   play a significant role in                                       that the board of directors/
         D.3.7                                           173
                   supporting the board in                                          commissioners has conducted
                   discharging its responsibilities?                       D.3.18   a review of the company's               192
                                                                                    material controls (including
                   Is the company secretary
                                                                                    operational,  financial  and
                   trained in legal, accountancy or
                                                                                    compliance controls) and risk
         D.3.8     company secretarial practices       173-174
                                                                                    management systems?
                   and has kept abreast on relevant
                   developments?                                                    Does the company disclose the
                                                                                    key risks to which the company
         Board Appointments and Re-Election                                         is materially exposed to (i.e.
                                                                           D.3.19                                        191, SR 56
                                                                                    financial, operational including
                                                                                    IT,    environmental,      social,
                   Does the company disclose the                                    economic)?
         D.3.9     criteria used in selecting new      158-159
                   directors/commissioners?                                         Does the Annual Report/
                                                                                    Annual CG Report contain a
                                                                                    statement from the board of
                   Did the company describe the
                                                                                    directors/commissioners       or
         D.3.10    process followed in appointing      158-159             D.3.20                                           192
                                                                                    Audit Committee commenting
                   new directors/commissioners?
                                                                                    on the adequacy of the
                                                                                    company's internal controls/risk
                   Are all directors/commissioners                                  management systems?
                   subject to re-election every
                   3 years; or 5 years for listed
         D.3.11                                        141, 150       D.4 People on the Board
                   companies in countries whose
                   legislation prescribes a term of
                   5 years2 each?                                          Board Chairman

         Remuneration Matters                                                       Do different persons assume the
                                                                           D.4.1                                            N/A
                                                                                    roles of chairman and CEO?
                   Do the shareholders or the
                   Board of Directors approve the                                   Is the chairman an independent
         D.3.12    remuneration of the executive         N/A               D.4.2                                            N/A
                                                                                    director/commissioner?
                   directors and/or the senior
                   executives?                                                      Is any of the directors a former
                   Does the company have                                   D.4.3    CEO of the company in the past          N/A
                   measurable     standards     to                                  2 years?
                   align the performance-based
                   remuneration of the executive                                    Are the roles and responsibilities
                                                                           D.4.4                                            N/A
         D.3.13    directors and senior executives       N/A                        of the chairman disclosed?
                   with long-term interests of
                   the company, such as claw
                   back provision and deferred                             Lead Independent Director
                   bonuses?
                                                                                    If the Chairman is not
         Internal Audit                                                             independent, has the Board
                                                                           D.4.5    appointed      a    Lead/Senior         N/A
                   Does the company have a                                          Independent Director and has
         D.3.14                                          176                        his/her role been defined?
                   separate internal audit function?

                   Is the head of internal audit
                   identified or, if outsourced, is                        Skills and Competencies
         D.3.15                                          176
                   the name of the external firm
                   disclosed?




                                                                                               2024 ANNUAL REPORT                 235
Page 236
      Penutup




 Deskripsi                                             Halaman    Deskripsi                                             Halaman
 Description                                            Page      Description                                            Page


                   Does at least one non-executive                (B)
                   director/commissioner     have                 A. Rights of Shareholders
          D.4.6    prior working experience in the       142
                   major sector that the company                          Right to participate effectively in and
                   is operating in?                                       vote in general shareholders meeting
                                                                      (B)
                                                                          and should be informed of the rules,
                                                                      A.1
                                                                          including voting procedures, that govern
      D.5 Board Performance                                               general shareholders meeting.

          Directors Development
                                                                                    Does the company practice real
                                                                            (B)     time secure electronic voting in
                   Does the company have                                                                                  134
                                                                            A.1.1   absentia at general meetings of
          D.5.1    orientation programmes for new      146, 155
                                                                                    shareholders?
                   directors/commissioners?

                   Does the company have a                        (B)
                   policy and actual practice and                 B. Equitable Treatment of Shareholders
                   programs that encourages
          D.5.2    directors/commissioners      to     146, 156       (B)
                                                                          Notice of AGM
                   attend on-going or continuous                      A.2
                   professional         education
                   programmes?                                                      Does the company release its
                                                                                    notice of AGM (with detailed
          CEO/Executive            Management                               (B)     agendas      and     explanatory      N/A
          Appointments and Performance                                      A.2.1   circulars), as announced to
                                                                                    the Exchange, at least 28 days
                                                                                    before the date of the meeting?
                   Does the company disclose the
                   process on how the board of
                                                                  (B)
                                                                  B. Sustainability and Resilience
                   directors/commissioners plans
          D.5.3                                        159-160
                   for the succession of the CEO/
                   Managing     Director/President
                   and key management?                                (B)
                                                                      B.1
                   Does the board of directors/
                   commissioners conduct an                                         Does the company disclose how
                                                                            (B)
          D.5.4    annual performance assessment         N/A                        it manages climate-related risks    SR 106
                                                                            B.1.1
                   of the CEO/Managing Director/                                    and opportunities?
                   President?
                                                                                    Does the company disclose
          Board Appraisal                                                   (B)     that its Sustainability Report/       SR 7
                                                                            B.1.2   Sustainability   Reporting   is
                   Did the company conduct an                                       externally assured?
                   annual performance assessment
                   of the board of directors/                                       Does the company disclose
          D.5.5                                          160
                   commissioners and disclose the                                   the engagement channel with
                                                                            (B)
                   criteria and process followed for                                stakeholder groups and how            SR 9
                                                                            B.1.3
                   the assessment?                                                  the company responds to
                                                                                    stakeholders’ ESG concerns?
          Director Appraisal
                                                                                    Does the company have a
                                                                                    unit/division/committee    who
                   Did the company conduct an                               (B)
                                                                                    is specifically responsible to       SR 52
                   annual performance assessment                            B.1.4
                                                                                    manage       the   sustainability
                   of the individual directors/                                     matters?
          D.5.6                                          160
                   commissioners and disclose the
                   criteria and process followed for                                Does          the       company
                   the assessment?                                                  disclose board of directors/
                                                                            (B)
                                                                                    commissioners' oversight of          SR 52
                                                                            B.1.5
                                                                                    sustainability-related risks and
          Committee Appraisal                                                       opportunities?
                                                                                    Does the company disclose
                   Did the company conduct an                                       the       linkage     between
                   annual performance assessment                            (B)     executive directors and senior
          D.5.7    of the board committees and           157                                                            Tidak No
                                                                            B.1.6   management remuneration and
                   disclose the criteria and process                                sustainability performance for
                   followed for the assessment?                                     the previous year?


 Level 2: BONUS ITEMS




236      LAPORAN TAHUNAN 2024
Page 237
    Closing                                                                                     PT Duta Pertiwi Tbk



Deskripsi                                             Halaman    Deskripsi                                               Halaman
Description                                            Page      Description                                              Page

                 Is the company’s Whistleblowing                     (B)
         (B)     System        managed        by                         Risk Oversight
                                                      202-204        D.5
         B.1.7   independent             parties/
                 institutions?
                                                                                    Does the company disclose
(B)                                                                                 that its Board identified key
C. Disclosure and Transparency                                                      risk in relation to information
                                                                                    technology              including
                                                                          (B)
                                                                                    disruption, cyber security, and        191
                                                                          D.5.1
    B)                                                                              disaster recovery, to ensure that
        Quality of Annual Report
    C.1                                                                             such risks are managed and
                                                                                    integrated into the overall risk
                                                                                    management framework?
                 Are the audited annual financial
         (B)     report/statement       released        N/A
         C.1.1   within 60 days from the financial                   (B)
                 year end?                                               Board Performance
                                                                     D.6

(B)                                                                                 Does the company have a
D. Responsibilities of the Board                                          (B)
                                                                                    separate board level Risk              N/A
                                                                          D.6.1
                                                                                    Committee?
    (B)
        Board Competencies and Diversity
    D.1
                                                                 Level 2. PENALTY

                 Does the company have at
         (B)                                                     (P)
                 least one female independent           152
         D.1.1
                 director/commissioner?                          A. Rights of Shareholders

                 Does the company have a                             (P)
                                                                         Basic Shareholder Rights
                 policy and disclose measurable                      A.1
         (B)     objectives for implementing          142, 159
         D.1.2   its board diversity and report                                     Did the company fail or neglect
                 on progress in achieving its                             (P)
                                                                                    to offer equal treatment for share   Tidak No
                 objectives?                                              A.1.1
                                                                                    repurchases to all shareholders?

    (B)
        Board Structure                                                  Shareholders,      including    institutional
    D.2
                                                                         shareholders, should be allowed to consult
                 Is the Nominating Committee                         (P) with each other on issues concerning their
         (B)     comprise      entirely       of                     A.2 basic shareholder rights as defined in the
                                                        N/A
         D.2.1   independent          directors/                         Principles, subject to exceptions to prevent
                 commissioners?                                          abuse

                 Does        the      Nominating                                    Is there evidence of barriers
                 Committee       undertake     the                        (P)       that prevent shareholders from
         (B)                                                                                                             Tidak No
                 process of identifying the quality   158-159             A.2.1     communicating or consulting
         D.2.2
                 of directors aligned with the                                      with other shareholders?
                 company's strategic directions?

    (B)                                                                  Right to participate effectively in and
        Board Appointments and Re-Election
    D.3                                                                  vote in general shareholders meeting and
                                                                     (P)
                                                                         should be informed of the rules, including
                 Does     the   company   use                        A.3
                                                                         voting procedures, that govern general
                 professional search firms or                            shareholders meeting
                 other external sources of
                 candidates (such as director
         (B)
                 databases set up by director           N/A                         Did the company include any
         D.3.1
                 or shareholder bodies) when                              (P)       additional and unannounced
                                                                                                                         Tidak No
                 searching    for   candidates                            A.3.1     agenda item into the notice of
                 to the board of directors/                                         AGM/EGM?
                 commissioners?

    (B)                                                                             Was the Chairman of the Board
        Board Structure & Composition                                               and the Chairmen of all Board
    D.4                                                                   (P)
                                                                                    Committees and the CEO                Ya Yes
                                                                          A.3.2
                                                                                    absent from the most recent
                 Do independent non-executive                                       General Meeting?
                 directors/commissioners make
         (B)
                 up more than 50% of the board          N/A              Capital structures and arrangements that
                 of directors/commissioners for                      (P) enable certain shareholders to obtain a
         D.4.1   a company with independent                          A.4 degree of control disproportionate to their
                 chairman?                                               equity ownership should be disclosed




                                                                                               2024 ANNUAL REPORT                  237
Page 238
      Penutup




 Deskripsi                                              Halaman    Deskripsi                                               Halaman
 Description                                             Page      Description                                              Page

           Did the company fail to disclose the
           existence of:                                                             Has the company faced any
                                                                                     sanctions by regulators for
                                                                            (P)
           (P)A.4.1 Shareholders agreement?             Tidak No                     failure to make announcements         Tidak No
                                                                            B.2.1
                                                                                     within the requisite time period
           (P)A.4.2 Voting cap?                         Tidak No                     for material events?

           (P)A.4.3 Multiple voting rights?             Tidak No
                                                                                     Is there any evidence that the
                                                                            (P)
                                                                                     company is engaging in green-         Tidak No
                                                                            B.2.2
          Capital structures and arrangements that                                   washing activities?
      (P) enable certain shareholders to obtain a
      A.5 degree of control disproportionate to their              (P)
          equity ownership should be disclosed                     C. Disclosure and Transparency

                                                                       (P) Sanctions from regulator on financial
                    Is a pyramid ownership structure                   C.1 reports
           (P)
                    and/ or cross holding structure     Tidak No
           A.5.1
                    apparent?
                                                                                     Did the company receive a
                                                                            (P)
                                                                                     "qualified opinion" in its external   Tidak No
                                                                            C.1.1
                                                                                     audit report?
      (P) Insider trading and abusive self-dealing
      A.6 should be prohibited
                                                                                     Did the company receive an
                                                                            (P)
                                                                                     "adverse opinion" in its external     Tidak No
                    Has there been any conviction                           C.1.2
                                                                                     audit report?
                    of insider trading involving
           (P)
                    directors/commissioners,            Tidak No
           A.6.1
                    management and employees in                                      Did the company receive a
                    the past three years?                                   (P)
                                                                                     "disclaimer opinion" in its           Tidak No
                                                                            C.1.3
                                                                                     external audit report?
      (P) Protecting minority shareholders from
      A.7 abusive action
                                                                                     Has the company in the past year
                                                                            (P)      revised its financial statements      Tidak No
                    Has there been any cases of                             C.1.4    for reasons other than changes
                    non compliance with the laws,                                    in accounting policies?
           (P)      rules and regulations pertaining    Tidak No
           A.7.1    to material related party
                    transactions in the past three                 (P)
                    years?                                         D. Responsibilities of the Board

                    Were there any RPTs that                           (P) Compliance with listing rules, regulations
                    can be classified as financial                     D.1 and applicable laws
           (P)      assistance (i.e not conducted       Tidak No
           A.7.2    at arms length) to entities other
                    than wholly-owned subsidiary                                     Is there any evidence that the
                    companies?                                                       company has not complied with
                                                                            (P)
                                                                                     any listing rules and regulations     Tidak No
                                                                            D.1.1
                                                                                     apart from disclosure rules over
          The rights of stakeholders that are                                        the past year?
      (P)
          established by law or through mutual
      B.1
          agreements are to be respected
                                                                                     Have there been any instances
                    Have there been any violations                                   where non-executive directors/
                                                                            (P)
                    of any laws pertaining to labor/                                 commissioner have resigned            Tidak No
                                                                            D.1.2
           (P)      employment/consumer/                                             and raised any issues of
                                                        Tidak No                     governance-related concerns?
           B.1.1    insolvency/         commercial/
                    competition or environmental
                    issues?                                            (P)
                                                                           Board Structure
                                                                       D.2
          Where stakeholders participate in the
          corporate governance process, they                                         Does the Company have
      (P)                                                                            any independent directors/
          should have access to relevant, sufficient
      B.2                                                                            commissioners who have served
          and reliable information on a timely and                          (P)
          regular basis                                                              for more than nine years or two        Ya Yes
                                                                            D.2.1
                                                                                     terms of five years each (which
                                                                                     ever is higher) in the same
                                                                                     capacity?




238       LAPORAN TAHUNAN 2024
Page 239
    Closing                                                                                   PT Duta Pertiwi Tbk




Deskripsi                                            Halaman    Deskripsi                                                Halaman
Description                                           Page      Description                                               Page


                 Did the company fail to correctly                                Amendments to the company's
                                                                    App A.2.1                                             Ya Yes
         (P)     identify the description of all                                  constitution?
                                                     Tidak No
         D.2.2   their directors as independent,
                 non-executive, and executive?                                    The authorization of additional
                                                                    App A.2.2                                             Ya Yes
                                                                                  shares?
                 Does the company have any
                 independent      directors/non-                                  The transfer of all or substantially
         (P)     executive/commissioners who                        App A.2.3     all assets, which in effect results     Ya Yes
                                                     Tidak No                     in the sale of the company?
         D.2.3   serve on a total of more than
                 five boards of publicly-listed
                 companies?
                                                                                  Does the company's ordinary or
    (P)                                                             App B.1.1     common shares have one vote             Ya Yes
        External Audit                                                            for one share?
    D.3

                 Is any of the directors or
                                                                                  Does the company have
                 senior management a former
         (P)                                                                      policies and/or rules prohibiting
                 employee or partner of the          Tidak No
         D.3.1                                                                    directors/commissioners
                 current external auditor (in the
                                                                    App B.3.1     and employees to benefit                Ya Yes
                 past 2 years)?
                                                                                  from knowledge which is not
    (P)                                                                           generally available to the
        Board Structure and Composition                                           market?
    D.4

                 Has the chairman been the
         (P)                                                                      Does the company have a
                 company CEO in the last three       Tidak No
         D.4.1                                                                    policy requiring directors /
                 years?
                                                                    App B.4.1     commissioners to disclose their         Ya Yes
                                                                                  interest in transactions and any
                 Do non-executive directors/                                      other conflicts of interest?
         (P)
                 commissioners receive options,      Tidak No
         D.4.2
                 performance shares or bonuses?


APPENDIX                                                                          Attendance details of each
                                                                                  director/commissioner         in
                                                                    App D.2.6                                             Ya Yes
                                                                                  all     directors/commissioners
         Do shareholders   have   the   right   to                                meetings held during the year
App
         participate in:



                                                                 N/A: Tidak dapat diaplikasikan pada buku tahun berjalan.
                                                                      Not applicable in the current financial year.


                                                                 SR: Mengacu kepada Laporan Keberlanjutan Tahun 2024
                                                                     Refers to 2024 Sustainability Report




                                                                                              2024 ANNUAL REPORT                   239
Page 240
08




LAPORAN
KEUANGAN
FINANCIAL STATEMENT
Page 241
2024 LAPORAN TAHUNAN | ANNUAL REPORT       PT DUTA PERTIWI TBK




         Artist’s
      Impression    Studio Loft • Kota Wisata • Cibubur
Page 242
PT Duta Pertiwi 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 243
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK/
PT DUTA PERTIWI Tbk 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 Duta Pertiwi 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 Duta Pertiwi 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 244
MIRAWATI SENSI IDRIS                                                                                  MOORE
Registered Public Accountants
Business License No. 1353/KM.l/2016
Inti land Tower, 8th Floor
JI. Jenderal Sudirman, Kav 32
Jakarta - 10220
INDONESIA

T +62-21-570 8lll
F +62-21-572 2737




                Laporan Auditor lndependen                           Independent Auditors' Report


  No. 00364/2.1090/AU.1/03/1905-1/1/111/2025             No. 00364/2.1090/AU.1/03/1905-1/1/111/2025

  Pemegang Saham, Dewan Komisaris, dan Direksi           The Stockholders, Board of Commissioners, and
                                                         Directors
  PT Duta Pertiwi Tbk                                    PT Duta Pertiwi Tbk

  Opini                                                  Opinion

  Kami     telah    mengaudit     laporan    keuangan    We have audited the consolidated financial statements
  konsolidasian PT Duta Pertiwi Tbk dan entitas          of PT Duta Pertiwi Tbk and its subsidiaries (the Group),
  anaknya (Grup), yang terdiri dari laporan posisi       which comprise the consolidated statement of financial
  keuangan konsolidasian tanggal 31 Desember 2024,       position as at December 31, 2024, and the consolidated
  serta laporan laba rugi dan penghasilan komprehensif   statement of profit or loss and other comprehensive
  lain konsolidasian, laporan perubahan ekuitas          income, consolidated statement of changes in equity
  konsolidasian, dan laporan arus kas konsolidasian      and consolidated statement of cash flows for the year
  untuk tahun yang berakhir pada tanggal tersebut,       then ended, and notes to the consolidated financial
  serta catatan atas laporan keuangan konsolidasian,     statements, including material accounting policy
  termasuk informasi kebijakan akuntansi material.       information.

  Menurut opini kami, laporan keuangan konsolidasian     In our opinion, the accompanying consolidated financial
  terlampir menyajikan secara wajar, dalam semua hal     statements present fairly, in all material respects,
  yang material, posisi keuangan konsolidasian Grup      the consolidated financial position of the Group as at
  tanggal 31 Desember 2024, serta kinerja keuangan       December 31, 2024 and its consolidated financial
  konsolidasian dan arus kas konsolidasiannya untuk      performance and its consolidated cash flows for the
  tahun yang berakhir pada tanggal tersebut, sesuai      year then ended in accordance with Indonesian
  dengan Standar Akuntansi Keuangan di Indonesia.        Financial Accounting Standards.

  Basis Opini                                            Basis for Opinion

  Kami melaksanakan audit kami berdasarkan Standar       We conducted our audit in accordance with Standards
  Audit yang ditetapkan oleh lnstitut Akuntan Publik     on Auditing established by the Indonesian Institute of
  Indonesia. Tanggung jawab kami menurut standar         Certified Public Accountants. Our responsibilities under
  tersebut diuraikan lebih lanjut dalam paragraf         those standards are further described in the Auditors'
  Tanggung Jawab Auditor terhadap Audit atas Laporan     Responsibilities for the Audit of the Consolidated
  Keuangan Konsolidasian pada laporan kami. Kami         Financial Statements section of our report. We are
  independen terhadap Grup berdasarkan ketentuan         independent of the Group in accordance with the ethical
  etika yang relevan dalam audit kami atas laporan       requirements that are relevant to our audit of the
  keuangan di Indonesia, dan kami telah memenuhi         financial statements in Indonesia, and we have fulfilled
  tanggung jawab etika lainnya berdasarkan ketentuan     our other ethical responsibilities in accordance with
  tersebut. Kami yakin bahwa bukti audit yang telah      these requirements. We believe that the audit evidence
  kami peroleh adalah cukup dan tepat untuk              we have obtained is sufficient and appropriate to
  menyediakan suatu basis bagi opini audit kami.         provide a basis for our opinion.

  Hal Audit Utama                                        Key Audit Matters

  Hal audit utama adalah hal-hal yang, menurut           Key audit matters are those matter that, in our
  pertimbangan profesional kami, merupakan hal yang      professional judgment, were of most significance in our
  paling signifikan dalam audit kami atas laporan        audit of the consolidated financial statements of the
  keuangan konsolidasian periode ini. Hal-hal tersebut   current period. These matters were addressed in the
  disampaikan dalam konteks audit kami atas laporan      context of our audit of the consolidated financial
  keuangan konsolidasian secara keseluruhan, dan         statements as a whole, and in forming our opinion
  dalam merumuskan opini kami atas laporan keuangan      thereon, and we do not provide a separate opinion on
  konsolidasian terkait, kami tidak menyatakan suatu     these matters.
  opini terpisah atas hal audit utama tersebut.




                                                                                          An independent member of
                                                                                       Moore Global Network Limited -
                                                                       members in principal cities throughout the world
Page 245
MIRAWATI SENSI IDRIS                                                                                                MOORE


     Penqakuan Pendapatan                                           Revenue Recognition

     Lihat ke Catatan 2v - Kebijakan Akuntansi atas                 Refer to Note 2v - Accounting Policies on Revenue
     Pengakuan Pendapatan dan Catatan 33                            Recognition and Note 33 - Revenues.
     Pendapatan Usaha.

  Pendapatan Grup untuk tahun yang berakhir                        The      Group  revenues    for the   year ended
 31      Desember       2024      adalah      sebesar              December        31,      2024     amounted       to
 Rp 4.422.682.660.248. Pendapatan Grup terutama                    Rp 4,422,682,660,248. The Group's revenues were
 berasal dari penjualan persediaan real estat sebesar              mainly from the sales of real estate inventories
 Rp 3.666.299.200.840 atau sebesar 82,90% dari                     amounting to Rp 3,666,299,200,840 or 82.90% of the
 jumlah pendapatan.                                                total revenues.

 Kami menganggap proses, kebijakan dan prosedur                    We considered the Group's real estate revenue
 pengakuan penjualan real estat Grup signifikan bagi               recognition process, policies and procedures significant
 audit kami karena hal ini melibatkan penerapan                    to our audit because this involves application of
 pertimbangan dan estimasi signifikan dalam aspek-                 significant judgment and estimation in the following
 aspek berikut: a) penentuan harga transaksi; dan                  aspects: a) determination of the transaction price; and
 b) pengakuan pendapatan pada suatu titik waktu                    b) point in time recognition of revenues based on point
 bedasarkan pengalihan pengendalian aset pada suatu                in time transfer of the control of the asset (point in time
 titik  waktu   tertentu     (pemenuhan       kewajiban            satisfaction of performance obligation).
 pelaksanaan pada suatu titik waktu tertentu).

 Dalam     penentuan     harga    transaksi,   Grup                In determining the transaction price, the Group
 mempertimbangkan      apakah    harga    jual  dari               considers whether the selling price of the real estate
 persediaan   real   estat    termasuk     komponen                inventories includes significant financing component.
 pembiayaan yang signifikan.

 Grup juga mengevaluasi kapan pengendalian atas                    The Group also evaluates as to when the control over
 persediaan telah dialihkan ke pelanggan sebagai                   the inventories has been transferred to the customer as
 dasar penentuan pengakuan penjualan, yakni                        basis of the timing of the revenue recognition, point in
 pengakuan pada suatu titik waktu atau sepanjang                   time or over time recognition. Revenue from the sale of
 waktu. Pendapatan dari penjualan persediaan diakui                inventories is recognized at a point in time when
 pada suatu titik waktu pada saat persediaan                       inventories are delivered to the customers. The timing
 diserahkan kepada pelanggan. Penentuan waktu                      of revenue recognition requires judgment on whether
 pengakuan penjualan membutuhkan pertimbangan                      the Group has transferred significant risks and rewards
 apakah Grup telah mengalihkan risiko dan manfaat                  of ownership in the inventories to the customers and
 kepemilikan persediaan secara signifikan kepada                   whether the Group has a substantial continuing
 pelanggan dan apakah Grup masih memiliki                          involvement with the inventories.
 keterlibatan yang berkelanjutan atas persediaan.

 Bagaimana audit kami merespons ha/ audit utama                    How our audit addressed the key audit matters

 •     Kami menilai keseluruhan proses penjualan serta             • We assessed the overall sales process and the
       sistem dan desain pengendalian yang relevan atas              relevant systems and the design of controls over the
       perolehan dan pencatatan transaksi pendapatan.                capture and recording of revenue transactions. We
       Kami telah menguji keefektifan pengendalian                   have tested the effectiveness of key controls on the
       utama pada proses yang berkaitan dengan                       processes related to revenue recognition and
       pengakuan pendapatan dan melakukan pengujian                  performed test of details of samples of sales
       rinci atas sampel transaksi penjualan.                        transactions.

 •     Kami    membaca     kontrak   penjualan    dan              • We read the sales contracts and applied our
       menerapkan pemahaman kami tentang kontrak ini                 understanding of these contracts in assessing the
       dalam    menilai  kelengkapan   dan     akurasi               completeness and accuracy of revenues. In
       pendapatan. Secara khusus, pemahaman kami                     particular, our understanding also enabled us to
       juga memungkinkan kami untuk mengevaluasi                     evaluate the judgments used in determining the
       pertimbangan yang digunakan dalam menentukan                  timing of the revenue recognition.
       waktu pengakuan pendapatan.

•     Dalam penentuan harga transaksi, kami memilih                • For the determination of the transaction price, we
      sampel kontrak dari data kontrak penjualan dan                 selected sample contracts from the sales contract
      mengidentifikasi ketentuan pembayaran. Kami                    database and identified the payment terms. We
      menelusuri kontrak terpilih ini ke perhitungan                 traced these selected contracts to the calculation of
      komponen pembiayaan yang disiapkan oleh                        the financing component prepared by management,
      manajemen, yang meliputi perhitungan apakah                    which covers the calculation on whether the financing
      komponen pembiayaan dari kontrak Grup dengan                   component of the Group's contract with customers is
      pelanggan adalah signifikan. Kami menguji                      significant. We test computed the financing
      perhitungan    komponen     pembiayaan    yang                 component prepared by management.
      disiapkan oleh manajemen.



                                                          - ii -
Page 246
MIRAWATI SENSI IDRIS                                                                                               MOORE


 Penilaian persediaan real estat dan tanah yang belum               Valuation of real estate inventories and land for
 dikembanqkan                                                       development

 Lihat ke Catatan 2k dan 2o - Kebijakan Akuntansi                   Refer to Notes 2k and 2o - Accounting Policies on
 atas    Persediaan   dan   Tanah   yang    Belum                   Inventories and Land for Development, Note 8 -
 Dikembangkan, Catatan 8 - Persediaan dan                           Inventories and Note 13- Land for Development.
 Catatan 13 - Tanah yang Belum Dikembangkan.

 Pada tanggal 31 Desember 2024, jumlah persediaan                  As of December 31, 2024, the Group's real estate
 real estat dan tanah yang belum dikembangkan Grup                 inventories and land for development amounted to
 masing-masing sebesar Rp 3.356.923.998.633 dan                    Rp 3,356,923,998,633 and Rp 4,644,449,258,544,
 Rp 4.644.449.258.544. Persediaan real estat dan                   respectively. Real estate inventories and land for
 tanah yang belum dikembangkan dinyatakan                          development are stated at cost or net realizable value,
 berdasarkan biaya atau nilai realisasi bersih, mana               whichever is lower.
 yang lebih rendah.

 Kami fokus pada area ini karena penentuan estimasi                We focused on this area because the determination of
 nilai realisasi bersih dari persediaan sangat                     estimated net realizable value of these inventories is
 tergantung pada ekspetasi Grup atas harga jual                    critically dependent upon the Group's expectations of
 persediaan di masa mendatang. Fluktuasi pada harga                future selling prices. Fluctuations in property prices and
 properti dan perubahan dari permintaan atas properti              changes in demand for the property could lead to a
 dapat menghasilkan penurunan signifikan pada nilai                significant decline in the net realizable value.
 realisasi bersih.

 Bagaimana audit kami merespons ha/ audit utama                    How our audit addressed the key audit matter

 •   Kami mereviu penelaahan manajemen mengenai                    • We reviewed management's assessment on whether
     apakah    terdapat indikasi    penurunan    nilai               there is any indication of the decline in value of the
     persediaan dan tanah yang belum dikembangkan                    Group's inventories and land for development. We
     Grup. Kami melakukan diskusi mendetail dengan                   conducted a detailed discussion with the Group's key
     manajemen kunci Grup dan mempertimbangkan                       management and considered their views on possible
     pandangan     mereka     tentang   kemungkinan                  decline in value of the Group's inventories and land
     penurunan nilai persediaan dan tanah yang belum                 for development in light of the current economic
     dikembangkan      Grup    sehubungan     dengan                 environment.
     lingkungan ekonomi saat ini.

 •   Kami fokus pada persediaan dengan penjualan                   • We focused on inventories with slower sales and
     yang lebih lambat dan membandingkan harga jual                  compared the selling prices to recently transacted
     dengan harga transaksi terbaru dari properti                    price of comparable properties located in the same
     sebanding yang terletak di lokasi yang sama                     vicinity as the Group's project.
     dengan proyek Grup.

 lnformasi Lain                                                    Other Information

Manajemen bertanggung jawab atas informasi lain.                   Management is responsible for the other information.
lnformasi lain terdiri dari informasi yang tercantum               The other information consists of information contained
dalam Laporan Tahunan, tetapi tidak mencantumkan                   in the Annual Report but does not include the
laporan keuangan konsolidasian dan laporan auditor                 consolidated financial statements and our auditor's
kami. Laporan Tahunan diharapkan akan tersedia                     report. The Annual Report is expected to be made
bagi kami setelah tanggal laporan auditor ini.                     available to us after the date of this auditor's report.

Opini kami atas laporan keuangan konsolidasian tidak               Our opinion on the consolidated financial statements
mencakup informasi lain, dan oleh karena itu, kami                 does not cover the other information and we do not and
tidak menyatakan bentuk keyakinan apapun atas                      will not express any form of assurance· conclusion
informasi lain tersebut.                                           thereon.

Sehubungan dengan audit kami atas laporan                          In connection with our audit of the consolidated financial
keuangan konsolidasian, tanggung jawab kami adalah                 statements, our responsibility is to read the other
untuk membaca informasi lain jika tersedia dan, dalam              information when it becomes available and, in doing so,
melaksanakannya,      mempertimbangkan        apakah               consider whether the other information is materially
informasi lain mengandung ketidakkonsistensian                     inconsistent with the consolidated financial statements
material dengan laporan keuangan konsolidasian atau                or our knowledge obtained in the audit, or otherwise
pemahaman yang kami peroleh selama audit, atau                     appears to be materially misstated.
mengandung kesalahan penyajian material.




                                                         - iii -
Page 247
MIRAWATI SENSI IDRIS                                                                                             MOORE

 Ketika kami membaca Laporan Tahunan, jika kami                   When we read the Annual Report, if we conclude that
 menyimpulkan bahwa terdapat suatu kesalahan                      there is a material misstatement therein, we are
 penyajian material di dalamnya, kami diharuskan                  required to communicate the matter to those charged
 untuk mengomunikasikan hal tersebut kepada pihak                 with governance and take appropriate actions in
 yang bertanggung jawab atas tata kelola dan                      accordance with Standards on Auditing established by
 mengambil tindakan tepat berdasarkan Standar Audit               the Indonesian Institute of Certified Public Accountants.
 yang ditetapkan oleh lnstitut Akuntan Publik
 Indonesia.

 Tanggung Jawab Manajemen dan Pihak yang                          Responsibilities of Management and Those
 Bertanggung Jawab atas Tata Kelola terhadap                      Charged with Governance for the Consolidated
 Laporan Keuangan Konsolidasian                                   Financial Statements

 Manajemen bertanggung jawab atas penyusunan dan                  Management is responsible for the preparation and fair
 penyajian wajar laporan keuangan konsolidasian                   presentation of the consolidated financial statements in
 tersebut sesuai dengan Standar Akuntansi Keuangan                accordance with Indonesian Financial Accounting
 di Indonesia, dan atas pengendalian internal yang                Standards, and for such internal control as
 dianggap perlu oleh manajemen untuk memungkinkan                 management determines is necessary to enable the
 penyusunan laporan keuangan konsolidasian yang                   preparation of consolidated financial statements that are
 bebas dari kesalahan penyajian material, baik yang               free from material misstatement, whether due to fraud
 disebabkan oleh kecurangan maupun kesalahan.                     or error.

 Dalam penyusunan laporan keuangan konsolidasian,                 In preparing the consolidated financial statements,
 manajemen bertanggung jawab untuk menilai                        management is responsible for assessing the Group's
 kemampuan         Grup     dalam    mempertahankan               ability to continue as a going concern, disclosing, as
 kelangsungan usahanya, mengungkapkan, sesuai                     applicable, matters related to going concern and using
 dengan kondisinya, hal-hal yang berkaitan dengan                 the going concern basis of accounting unless
 kelangsungan usaha, dan menggunakan basis                        management either intends to liquidate the Group or to
 akuntansi kelangsungan usaha, kecuali manajemen                  cease operations, or has no realistic alternative but to
 memiliki intensi untuk melikuidasi Grup atau                     do so.
 menghentikan operasi, atau tidak memiliki alternatif
 yang realistis selain melaksanakannya.

 Pihak yang bertanggung jawab atas tata kelola                    Those charged with governance are responsible for
 bertanggung jawab untuk mengawasi proses                         overseeing the Group's financial reporting process.
 pelaporan keuangan Grup.

 Tanggung Jawab Auditor terhadap Audit atas                       Auditors' Responsibilities for the Audit of the
 Laporan Keuangan Konsolidasian                                   Consolidated Financial Statements

Tujuan kami adalah untuk memeroleh keyakinan                      Our objectives are to obtain reasonable assurance
 memadai tentang        apakah laporan       keuangan             about whether the consolidated financial statements as
konsolidasian secara keseluruhan bebas dari                       a whole are free from material misstatement, whether
kesalahan penyajian material, baik yang disebabkan                due to fraud or error, and to issue an auditor's report
oleh kecurangan maupun kesalahan, dan untuk                       that includes our opinion. Reasonable assurance is a
menerbitkan laporan auditor yang mencakup opini                   high level of assurance, but is not a guarantee that an
kami. Keyakinan memadai merupakan suatu tingkat                   audit conducted in accordance with Standards on
keyakinan tinggi, namun bukan merupakan suatu                     Auditing will always detect a material misstatement
jaminan bahwa audit yang dilaksanakan berdasarkan                 when it exists. Misstatements can arise from fraud or
Standar Audit akan selalu mendeteksi kesalahan                    error and are considered material if, individually or in
penyajian material ketika hal tersebut ada. Kesalahan             the aggregate, they could reasonably be expected to
penyajian dapat disebabkan oleh kecurangan maupun                 influence the economic decisions of users taken on the
kesalahan dan dianggap material jika, baik secara                 basis of these consolidated financial statements.
individual   maupun       secara    agregat,     dapat
diekspektasikan secara wajar akan memengaruhi
keputusan ekonomi yang diambil oleh pengguna
berdasarkan    laporan     keuangan      konsolidasian
terse but.




                                                         - iv -
Page 248
MIRAWATI SENSI IDRIS                                                                                                  MOORE


    Sebagai bagian dari suatu audit berdasarkan Standar               As part of an audit in accordance with Standards on
    Audit, kami menerapkan pertimbangan profesional                   Auditing, we exercise professional judgment and
    dan mempertahankan skeptisisme profesional selama                 maintain professional skepticism throughout the audit.
    audit. Kami juga:                                                 We also:

    •   Mengidentifikasi dan menilai risiko kesalahan                 •    Identify and assess the risks of material
        penyajian material dalam laporan keuangan                         misstatement of the consolidated financial
        konsolidasian, baik yang disebabkan oleh                          statements, whether due to fraud or error, design
        kecurangan maupun kesalahan, mendesain dan                        and perform audit procedures responsive to those
        melaksanakan prosedur audit yang responsif                        risks, and obtain audit evidence that is sufficient
        terhadap risiko tersebut, serta memeroleh bukti                   and appropriate to provide a basis for our opinion.
        audit yang cukup dan tepat untuk menyediakan                      The risk of not detecting a material misstatement
        basis bagi opini kami. Risiko tidak terdeteksinya                 resulting from fraud is higher than for one resulting
        kesalahan penyajian material yang disebabkan                      from error, as fraud may involve collusion, forgery,
        oleh kecurangan lebih tinggi dari yang                            intentional omissions, misrepresentations, or the
        disebabkan oleh kesalahan, karena kecurangan                      override of internal control.
        dapat     melibatkan      kolusi,     pemalsuan,
        penghilangan secara sengaja, pernyataan salah,
        atau pengabaian pengendalian internal.

 •      Memeroleh      suatu     pemahaman      tentang           •       Obtain an understanding of internal control relevant
        pengendalian internal yang relevan dengan audit                   to the audit in order to design audit procedures that
        untuk mendesain prosedur audit yang tepat                         are appropriate in the circumstances, but not for
        sesuai dengan kondisinya, tetapi bukan untuk                      the purpose of expressing an opinion on the
        tujuan menyatakan opini atas keefektivitasan                      effectiveness of the Group's internal control.
        pengendalian internal Grup.

 •      Mengevaluasi ketepatan kebijakan akuntansi                •       Evaluate the appropriateness of accounting policies
        yang digunakan serta kewajaran estimasi                           used and the reasonableness of accounting
        akuntansi dan pengungkapan terkait yang dibuat                    estimates and related disclosures made by
        oleh manajemen.                                                   management.

 •      Menyimpulkan ketepatan penggunaan basis                   •       Conclude on the appropriateness of management's
        akuntansi kelangsungan usaha oleh manajemen                       use of the going concern basis of accounting and,
        dan, berdasarkan bukti audit yang diperoleh,                      based on the audit evidence obtained, whether a
        apakah terdapat suatu ketidakpastian material                     material uncertainty exists related to events or
        yang terkait dengan peristiwa atau kondisi yang                   conditions that may cast significant doubt on the
        dapat menyebabkan keraguan signifikan atas                        Group's ability to continue as a going concern. If
        kemampuan Grup untuk mempertahankan                               we conclude that a material uncertainty exists, we
        kelangsungan      usahanya.      Ketika    kami                   are required to draw attention in our auditor's report
        menyimpulkan       bahwa      terdapat    suatu                   to the related disclosures in the consolidated
        ketidakpastian material, kami diharuskan untuk                    financial statements or, if such disclosures are
        menarik perhatian dalam laporan auditor kami ke                   inadequate, to modify our opinion. Our conclusions
        pengungkapan terkait dalam laporan keuangan                       are based on the audit evidence obtained up to the
        konsolidasian atau, jika pengungkapan tersebut                    date of our auditor's report. However, future events
        tidak memadai, harus menentukan apakah perlu                      or conditions may cause the Group to cease to
        untuk memodifikasi opini kami. Kesimpulan kami                    continue as a going concern.
        didasarkan pada bukti audit yang diperoleh
        hingga tanggal laporan auditor kami. Namun,
        peristiwa atau kondisi masa depan dapat
        menyebabkan Grup tidak dapat mempertahankan
        kelangsungan usaha.

•       Mengevaluasi penyajian, struktur, dan isi laporan         •       Evaluate the overall presentation, structure and
        keuangan konsolidasian secara keseluruhan,                        content of the consolidated financial statements,
        termasuk pengungkapannya, dan apakah laporan                      including the disclosures, and whether the
        keuangan konsolidasian mencerminkan transaksi                     consolidated financial statements represent the
        dan peristiwa yang mendasarinya dengan suatu                      underlying transactions and events in a manner
        cara yang mencapai penyajian wajar.                               that achieves fair presentation.

•       Memeroleh bukti ·audit yang cukup dan tepat               •       Obtain sufficient appropriate audit evidence
        terkait informasi keuangan entitas atau aktivitas                 regarding the financial information of the entities or
        bisnis dalam Grup untuk menyatakan opini atas                     business activities within the Group to express an
        laporan      keuangan    konsolidasian.    Kami                   opinion on the consolidated financial statements.
        bertanggung jawab atas arahan, supervise, dan                     We are responsible for the direction, supervision
        pelaksanaan audit Grup. Kami tetap bertanggung                    and performance of the group audit. We remain
        jawab sepenuhnya atas opini audit kami.                           solely responsible for our audit opinion.




                                                            -v-
Page 249
MIRAWATI SENSI IDRIS                                                                                                 MOORE


 Kami      mengomunikasikan      kepada      manajemen              We communicate with management regarding, among
 mengenai, antara lain, ruang lingkup dan saat yang                 other matters, the planned scope and timing of the audit
 direncanakan atas audit, serta temuan audit                        and significant audit findings, including any significant
 signifikan, termasuk setiap defisiensi signifikan dalam            deficiencies in internal control that we identify during our
 pengendalian internal yang teridentifikasi oleh kami               audit.
 selama audit.

 Kami juga memberikan suatu pernyataan kepada                       We also provide those charged with governance with a
 pihak yang bertanggung jawab atas tata kelola bahwa                statement that we have complied with relevant ethical
 kami telah mematuhi ketentuan etika yang relevan                   requirements    regarding   independence,    and to
 mengenai independensi, dan mengomunikasikan                        communicate with them all relationships and other
 seluruh hubungan, serta hal-hal lain yang dianggap                 matters that may reasonably be thought to bear on our
 secara wajar berpengaruh terhadap independensi                     independence,     and    where   applicable,   related
 kami, dan, jika relevan, pengamanan terkait.                       safeguards.

 Dari hal-hal yang dikomunikasikan kepada pihak yang                From the matters communicated with those charged
 bertanggung jawab atas tata kelola, kami menentukan                with governance, we determine those matters that were
 hal-hal tersebut yang paling signifikan dalam audit                of most significance in the audit of the consolidated
 atas laporan keuangan konsolidasian periode kini dan               financial statements of the current period and are
 oleh karenanya menjadi hal audit utama. Kami                       therefore the key audit matters. We describe these
 menguraikan hal audit utama dalam laporan auditor                  matters in our auditor's report unless law or regulation
 kami,    kecuali    peraturan   perundang-undangan                 precludes public disclosure about the matter or when, in
 melarang pengungkapan publik tentang hat tersebut                  extremely rare circumstances, we determine that a
 atau ketika, dalam kondisi yang sangat jarang terjadi,             matter should not be communicated in our report
 kami menentukan bahwa suatu hal tidak boleh                        because the adverse consequences of doing so would
 dikomunikasikan dalam laporan kami karena                          reasonably be expected to outweigh the public interest
 konsekuensi merugikan dari mengomunikasikan hal                    benefits of such communication.
 tersebut akan diekspektasikan secara wajar melebihi
 manfaat kepentingan publik atas komunikasi tersebut.


 MIRAWATI SENSI IDRIS




 Benedictus Yuliando
 lzin Akuntan Publik No. AP .1905/
 Certified Public Accountant License No. AP. 1905

 24 Maret 2025/March 24, 2025




                                                           - vi -
Page 250

          
Page 251
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                          PT DUTA PERTIWI 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                                    2.525.242.591.791            4                 2.875.636.301.739      Cash and cash equivalents
Investasi jangka pendek                                 240.430.996.774            5                   277.638.312.774      Short-term investments
                                                                                                                            Trade accounts receivable - net of
Piutang usaha - setelah dikurangi                                                                                              allowance for impairment of
   cadangan kerugian penurunan                                                                                                 Rp 1,773,262,271 and
   nilai masing-masing sebesar                                                                                                 Rp 1,681,980,543 as of
   Rp 1.773.262.271 dan Rp 1.681.980.543                                                                                       December 31, 2024 and 2023,
   pada tanggal 31 Desember 2024 dan 2023                                        6, 49                                         respectively
   Pihak berelasi                                        10.680.162.352                                  7.149.273.196         Related parties
   Pihak ketiga                                          67.882.619.573                                 37.974.929.975         Third parties
Piutang lain-lain - setelah dikurangi                                                                                       Other accounts receivable - net of
   cadangan kerugian penurunan                                                                                                 allowance for impairment of
   nilai masing-masing sebesar                                                                                                 Rp 11,191,564 and
   Rp 11.191.564 dan Rp 27.784.089                                                                                             Rp 27,784,089 as of
   pada tanggal 31 Desember 2024                                                                                               December 31, 2024 and 2023,
   dan 2023                                               7.032.878.579          7, 49                   7.460.374.235         respectively
Persediaan                                            3.358.168.471.542            8                 4.025.716.925.844      Inventories
Uang muka                                               151.367.671.319            9                    27.322.968.475      Advances
Pajak dibayar dimuka                                    311.694.528.511           10                   337.113.037.209      Prepaid taxes
Biaya dibayar dimuka                                     24.726.987.812           11                    36.815.757.798      Prepaid expenses
Jumlah Aset Lancar                                    6.697.226.908.253                              7.632.827.881.245      Total Current Assets

ASET TIDAK LANCAR                                                                                                           NONCURRENT ASSETS

Investasi dalam saham                                   607.375.528.340           12                   589.897.769.119      Investments in shares
Biaya dibayar dimuka                                      7.988.590.449           11                    12.584.890.538      Prepaid expenses
Tanah yang belum dikembangkan                         4.644.449.258.544           13                 4.557.125.002.664      Land for development
Aset tetap - setelah dikurangi
   akumulasi penyusutan                                                                                                     Property and equipment - net of
   masing-masing sebesar                                                                                                       accumulated depreciation of
   Rp 692.379.222.691 dan                                                                                                      Rp 692,379,222,691 and
   Rp 675.748.326.891 pada                                                                                                     Rp 675,748,326,891 as of
   tanggal 31 Desember 2024                                                                                                    December 31, 2024 and 2023,
   dan 2023                                             220.233.584.891           14                   226.825.796.246         respectively
Aset hak-guna - setelah dikurangi                                                                                           Right-of-use assets - net of
   akumulasi penyusutan                                                                                                        accumulated depreciation
   masing-masing sebesar                                                                                                       of Rp 9,153,008,749 and
   Rp 9.153.008.749 dan                                                                                                        Rp 7,854,190,742 as of
   Rp 7.854.190.742 pada tanggal                                                                                               December 31, 2024 and 2023,
   31 Desember 2024 dan 2023                              1.737.316.627           15                      5.251.805.913        respectively
Properti investasi - setelah dikurangi
   akumulasi penyusutan                                                                                                     Investment properties - net of
   masing-masing sebesar                                                                                                       accumulated depreciation of
   Rp 1.134.666.841.531 dan                                                                                                    Rp 1,134,666,841,531 and
   Rp 958.653.562.140 pada                                                                                                     Rp 958,653,562,140 as of
   tanggal 31 Desember 2024                                                                                                    December 31, 2024 and 2023,
   dan 2023                                           2.169.596.233.350           16                 2.093.186.050.444         respectively
Goodwill                                                  9.302.932.297           17                     9.302.932.297      Goodwill
Aset lain-lain                                            4.486.867.800                                  4.486.867.800      Other assets
Jumlah Aset Tidak Lancar                              7.665.170.312.298                              7.498.661.115.021      Total Noncurrent Assets

JUMLAH ASET                                          14.362.397.220.551                             15.131.488.996.266      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 252
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                          PT DUTA PERTIWI 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

                                                                                                                            Trade accounts payable -
Utang usaha - pihak ketiga                              225.709.443.010           18                   398.147.010.714         third parties
Utang pajak                                              62.579.201.968           19                    25.574.256.155      Taxes payable
Beban akrual                                             26.335.228.008           20                    25.563.183.040      Accrued expenses
Setoran jaminan                                         154.804.718.175           21                   160.115.217.517      Security deposits
Liabilitas kontrak                                    1.001.239.961.503           22                 1.908.686.259.835      Contract liabilities
Uang muka diterima                                       72.097.374.846           23                    72.341.605.251      Advances received
Sewa diterima dimuka                                    161.901.386.242           24                   225.160.458.296      Rental advances
Bagian liabilitas sewa jangka
   panjang yang akan jatuh tempo                                                                                            Current portion of long-term
   dalam waktu satu tahun                                             -           25                     2.482.013.717         Lease liabilities
Liabilitas lain-lain                                      8.696.195.167                                  9.840.890.342      Other liabilities
Jumlah Liabilitas Jangka Pendek                       1.713.363.508.919                              2.827.910.894.867      Total Current Liabilities

LIABILITAS JANGKA PANJANG                                                                                                   NONCURRENT LIABILITIES

Setoran jaminan                                          72.257.237.012           21                    64.686.043.734      Security deposits
Liabilitas kontrak                                      538.391.136.448           22                   587.480.251.779      Contract liabilities
Uang muka diterima                                       10.106.876.614           23                     7.131.727.288      Advances received
Sewa diterima dimuka                                     74.767.680.799           24                   104.869.021.362      Rental advances
Liabilitas imbalan kerja jangka                                                                                             Long-term employee benefits
   panjang - bersih                                      85.745.806.454           36                    78.523.850.676         liability - net
Jumlah Liabilitas Jangka Panjang                        781.268.737.327                                842.690.894.839      Total Noncurrent Liabilities

Jumlah Liabilitas                                     2.494.632.246.246                              3.670.601.789.706      Total Liabilities

EKUITAS                                                                                                                     EQUITY

Ekuitas yang dapat Diatribusikan                                                                                            Equity Attributable to Owners of
  kepada Pemilik Entitas Induk                                                                                                  the Parent Company
Modal saham - nilai nominal                                                                                                 Capital stock - Rp 500 par value
  Rp 500 per saham                                                                                                              per share
  Modal dasar -                                                                                                                 Authorized -
      3.000.000.000 saham                                                                                                           3,000,000,000 shares
  Modal ditempatkan dan disetor -                                                                                               Issued and paid-up -
      1.850.000.000 saham                               925.000.000.000           27                   925.000.000.000              1,850,000,000 shares
Tambahan modal disetor                                  465.081.634.211           28                   465.081.634.211      Additional paid-in capital
                                                                                                                            Difference in value arising from
Selisih nilai transaksi dengan                                                                                                  transaction with non-controlling
   kepentingan nonpengendali                             19.976.821.094           29                    19.977.938.029          interest
Saldo laba                                                                                                                  Retained earnings
   Ditentukan penggunaannya                              29.589.383.000           30                    27.589.383.000          Appropriated
   Belum ditentukan penggunaannya                     8.976.090.695.450                              8.832.647.235.491          Unappropriated

Jumlah Ekuitas yang dapat
  Diatribusikan kepada Pemilik                                                                                              Total Equity Attributable to
  Entitas Induk                                      10.415.738.533.755                             10.270.296.190.731         Owners of the Parent Company

Kepentingan Nonpengendali                             1.452.026.440.550           32                 1.190.591.015.829      Non-controlling Interests

Jumlah Ekuitas                                       11.867.764.974.305                             11.460.887.206.560      Total Equity

JUMLAH LIABILITAS DAN EKUITAS                        14.362.397.220.551                             15.131.488.996.266      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 253
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                       PT DUTA PERTIWI Tbk AND ITS SUBSIDIARIES
Laporan Laba Rugi dan Penghasilan Komprehensif                                                                   Consolidated Statements of Profit or Loss
Lain Konsolidasian                                                                                                      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                                       4.422.682.660.248        33          3.862.424.155.689       REVENUES
BEBAN POKOK PENJUALAN                                  1.812.400.561.134        34          1.546.864.456.387       COST OF REVENUES
LABA KOTOR                                             2.610.282.099.114                    2.315.559.699.302       GROSS PROFIT
BEBAN USAHA                                                                     35                                  OPERATING EXPENSES
Penjualan                                                693.088.073.299                      577.775.546.189       Selling
Umum dan administrasi                                    403.979.590.075                      383.427.409.224       General and administrative
Pajak final                                              154.246.891.435        40            161.895.565.753       Final tax
Jumlah Beban Usaha                                     1.251.314.554.809                    1.123.098.521.166       Total Operating Expenses
LABA USAHA                                             1.358.967.544.305                    1.192.461.178.136       PROFIT FROM OPERATIONS
PENGHASILAN (BEBAN) LAIN-LAIN                                                                                       OTHER INCOME (EXPENSES)
Pendapatan bunga dan investasi                           128.112.659.156        37            133.852.002.661       Interest and investment income
Dampak pendiskontoan aset dan                                                                                       Effect of discounting financial assets
   liabilitas keuangan - bersih                            1.487.773.614                           564.210.564          and liabilities - net
Keuntungan penjualan aset tetap                              570.051.826        14               1.035.452.732      Gain on sale of property and equipment
Pemulihan (cadangan) kerugian penurunan                                                                             Reversal of (allowance for) impairment of
   nilai piutang - bersih                                    (74.689.203)       6,7              1.031.616.491          receivables - net
Keuntungan (kerugian) selisih kurs
   mata uang asing - bersih                               (4.240.619.315)                       1.676.981.672       Gain (loss) on foreign exchange - net
Beban bunga                                             (126.030.487.673)       38           (201.420.279.028)      Interest expense
Lain-lain - bersih                                        (9.337.402.851)       39            151.686.037.799       Others - net
Penghasilan (Beban) Lain-lain - bersih                    (9.512.714.446)                       88.426.022.891      Other Income (Expenses) - net

EKUITAS PADA LABA BERSIH DARI                                                                                       SHARE IN NET INCOME
  INVESTASI DALAM SAHAM                                   27.617.515.452        12               6.600.627.522        OF INVESTEES
LABA SEBELUM PAJAK                                     1.377.072.345.311                    1.287.487.828.549       PROFIT BEFORE TAX
BEBAN PAJAK KINI                                           1.541.078.976        40               2.226.443.692      CURRENT TAX EXPENSE
LABA TAHUN BERJALAN                                    1.375.531.266.335                    1.285.261.384.857       NET PROFIT FOR THE YEAR

PENGHASILAN (RUGI) KOMPREHENSIF                                                                                     OTHER COMPREHENSIVE INCOME
  LAIN                                                                                                                (LOSS)
Pos yang tidak akan direklasifikasi ke                                                                              Items that will not be reclassified
   laba rugi:                                                                                                          subsequently to profit or loss:
   Ekuitas pada pengukuran kembali liabilitas                                                                          Share in remeasurement of defined
      imbalan pasti dari entitas asosiasi                                                                                  benefit liability of associates and
      dan ventura bersama                                     60.243.769        12                (167.218.459)            joint ventures
   Pengukuran kembali liabilitas imbalan                                                                               Remeasurement of defined benefit
      pasti                                               (3.377.714.777)       36              (2.225.656.941)            liability

Jumlah Rugi Komprehensif Lain                             (3.317.471.008)                       (2.392.875.400)     Total Other Comprehensive Loss

JUMLAH PENGHASILAN KOMPREHENSIF                        1.372.213.795.327                    1.282.868.509.457       TOTAL COMPREHENSIVE INCOME

Jumlah laba tahun berjalan yang dapat
   diatribusikan kepada:                                                                                            Total profit for the year attributable to:
   Pemilik entitas induk                                 851.769.071.955                    1.066.420.859.165          Owners of the Parent Company
   Kepentingan nonpengendali                             523.762.194.380        32            218.840.525.692          Non-controlling interests
   Jumlah                                              1.375.531.266.335                    1.285.261.384.857          Total

Jumlah penghasilan komprehensif yang                                                                                Total comprehensive income
   dapat diatribusikan kepada:                                                                                         attributable to:
   Pemilik entitas induk                                 848.443.459.959                    1.064.322.488.693          Owners of the Parent Company
   Kepentingan nonpengendali                             523.770.335.368        32            218.546.020.764          Non-controlling interests
   Jumlah                                              1.372.213.795.327                    1.282.868.509.457          Total

LABA PER SAHAM DASAR                                                 460,42     41                       576,44     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 254
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                                                                                                                                                                                  PT DUTA PERTIWI 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
                                                                     Modal Saham                                      Kepentingan
                                                                     Ditempatkan                                    Nonpengendali/
                                                                     dan Disetor/            Tambahan             Difference in Value             Saldo Laba/Retained Earnings                                      Kepentingan
                                                                      Issued and           Modal Disetor/             Arising from            Ditentukan           Belum Ditentukan                                Nonpengendali/
                                                          Catatan/      Paid-up              Additional            Transaction with        Penggunaannya/           Penggunaannya/           Jumlah Ekuitas/       Non-controlling           Jumlah Ekuitas/
                                                           Notes     Capital Stock         Paid-in Capital     Non-controlling Interest     Appropriated            Unappropriated             Total Equity          Interests                 Total Equity

Saldo pada tanggal 1 Januari 2023                                    925.000.000.000       465.081.634.211             19.979.103.231       25.589.383.000          7.770.324.746.798        9.205.974.867.240     1.720.265.488.148         10.926.240.355.388        Balance as of January 1, 2023

Penghasilan komprehensif                                                                                                                                                                                                                                               Comprehensive income

  Laba tahun berjalan                                                               -                     -                          -                    -         1.066.420.859.165        1.066.420.859.165       218.840.525.692          1.285.261.384.857            Profit for the year

Rugi komprehensif lain                                                                                                                                                                                                                                                 Other comprehensive loss

  Pengukuran kembali liabilitas imbalan pasti                36                     -                     -                          -                    -            (2.098.370.472)           (2.098.370.472)        (294.504.928)             (2.392.875.400)          Remeasurement of defined benefits liability

Jumlah penghasilan komprehensif                                                     -                     -                          -                    -         1.064.322.488.693        1.064.322.488.693       218.546.020.764          1.282.868.509.457        Total comprehensive income

Pembentukan cadangan wajib                                   30                     -                     -                          -       2.000.000.000             (2.000.000.000)                         -                     -                           -     Appropriation of retained earnings

Transaksi dengan pemilik                                                                                                                                                                                                                                               Transactions with owners

  Penambahan modal disetor entitas anak                                                                                                                                                                                                                                    Issuance of subsidiaries' shares to
    oleh kepentingan nonpengendali                          32                      -                     -                          -                    -                         -                          -      15.654.000.000              15.654.000.000              non-controlling interests

  Penurunan modal disetor entitas anak                                                                                                                                                                                                                                     Decrease in paid-up capital of subsidiary
    oleh kepentingan nonpengendali                           32                     -                     -                          -                    -                         -                          -    (515.808.825.575)           (515.808.825.575)            by non-controlling interest

  Selisih nilai transaksi dengan kepentingan                                                                                                                                                                                                                               Difference in value arising from transaction
     nonpengendali                                           29                     -                     -                 (1.165.202)                   -                         -                (1.165.202)           1.165.202                             -             with non-controlling interest

  Dividen                                                    31                     -                     -                          -                    -                         -                          -    (248.066.832.710)           (248.066.832.710)          Dividends

Jumlah transaksi dengan pemilik                                                     -                     -                 (1.165.202)                   -                         -                (1.165.202)    (748.220.493.083)           (748.221.658.285)      Total transactions with owners

Saldo pada tanggal 31 Desember 2023                                  925.000.000.000       465.081.634.211             19.977.938.029       27.589.383.000          8.832.647.235.491       10.270.296.190.731     1.190.591.015.829         11.460.887.206.560        Balance as of December 31, 2023

Penghasilan komprehensif                                                                                                                                                                                                                                               Comprehensive income

  Laba tahun berjalan                                                               -                     -                          -                    -          851.769.071.955           851.769.071.955       523.762.194.380          1.375.531.266.335            Profit for the year

Rugi komprehensif lain                                                                                                                                                                                                                                                 Other comprehensive loss

  Pengukuran kembali liabilitas imbalan pasti                36                     -                     -                          -                    -            (3.325.611.996)           (3.325.611.996)           8.140.988              (3.317.471.008)          Remeasurement of defined benefits liability

Jumlah penghasilan komprehensif                                                     -                     -                          -                    -          848.443.459.959           848.443.459.959       523.770.335.368          1.372.213.795.327        Total comprehensive income

Pembentukan cadangan wajib                                   30                     -                     -                          -       2.000.000.000             (2.000.000.000)                         -                     -                           -     Appropriation of retained earnings

Transaksi dengan pemilik                                                                                                                                                                                                                                               Transactions with owners

  Penambahan modal disetor entitas anak                                                                                                                                                                                                                                    Issuance of subsidiaries' shares to
    oleh kepentingan nonpengendali                          32                      -                     -                          -                    -                         -                          -      77.951.107.000              77.951.107.000              non-controlling interests

  Piutang pemesanan saham entitas anak                                                                                                                                                                                                                                     Subscription receivable of subsidiaries
     oleh kepentingan nonpengendali                         32                      -                     -                          -                    -                         -                          -       (4.900.000.000)            (4.900.000.000)            from non-controlling interests

  Selisih nilai transaksi dengan kepentingan                                                                                                                                                                                                                               Difference in value arising from transaction
     nonpengendali                                           29                     -                     -                 (1.116.935)                   -                         -                (1.116.935)           1.116.935                             -             with non-controlling interest

  Dividen                                                    31                     -                     -                          -                    -          (703.000.000.000)         (703.000.000.000)    (335.387.134.582)         (1.038.387.134.582)          Dividends

Jumlah transaksi dengan pemilik                                                     -                     -                 (1.116.935)                   -          (703.000.000.000)         (703.001.116.935)    (262.334.910.647)           (965.336.027.582)      Total transactions with owners

Saldo pada tanggal 31 Desember 2024                                  925.000.000.000       465.081.634.211             19.976.821.094       29.589.383.000          8.976.090.695.450       10.415.738.533.755     1.452.026.440.550         11.867.764.974.305        Balance as of December 31, 2024


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 255
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                                PT DUTA PERTIWI Tbk AND ITS SUBSIDIARIES
Laporan Arus Kas Konsolidasian                                                                                            Consolidated Statements 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, kecuali Dinyatakan Lain)                                          (Figures are Presented in Rupiah, unless Otherwise Stated)



                                                                        2024                   2023

ARUS KAS DARI AKTIVITAS OPERASI                                                                                CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan kas dari konsumen                                     3.415.694.234.472       3.221.559.209.338     Cash receipts from customers
Pembayaran kas untuk:                                                                                          Cash payments for:
   Kontraktor                                                     (882.483.677.419)      (1.090.897.799.438)      Contractors
   Beban penjualan                                                (639.437.636.929)        (548.652.288.871)      Selling expenses
   Beban umum dan administrasi dan lain-lain                      (555.061.875.545)        (812.565.984.344)      General and administrative and other expenses
   Gaji                                                           (260.595.530.956)        (255.678.475.769)      Salaries
Kas bersih dihasilkan dari operasi                               1.078.115.513.623          513.764.660.916    Net cash generated from operations
Pembelian tanah                                                   (281.244.555.527)        (236.125.644.890)   Acquisitions of land
Pembayaran pajak final                                             (99.450.150.006)         (97.602.485.293)   Final tax paid
Pembayaran pajak penghasilan                                        (2.515.737.406)          (1.267.473.293)   Income tax paid

Kas Bersih Diperoleh dari Aktivitas Operasi                          694.905.070.684       178.769.057.440     Net Cash Provided by Operating Activities

ARUS KAS DARI AKTIVITAS INVESTASI                                                                              CASH FLOWS FROM INVESTING ACTIVITIES
Penerimaan bunga                                                     128.565.790.210       134.424.657.911     Interest received
Pencairan investasi jangka pendek                                     37.207.316.000        34.468.728.904     Withdrawal of short-term investments
Penerimaan dividen                                                    10.200.000.000        10.200.000.000     Dividends received
Hasil penjualan aset tetap                                               570.051.826         1.209.036.036     Proceeds from sale of property and equipment
Penempatan investasi dalam saham                                                   -      (146.419.000.000)    Placement in investment in shares
Pembayaran liabilitas atas perolehan                                                                           Payment for liabilities arising from
   aset tetap                                                            (262.009.310)        (182.500.320)        acquisition of property and equipment
Pembayaran liabilitas atas perolehan                                                                           Payment for liabilities arising from
   properti investasi                                                    (684.153.275)                   -         acquisition of investment properties
Perolehan aset tetap                                                  (14.214.136.409)     (14.396.626.125)    Acquisitions of property and equipment
Perolehan properti investasi                                         (239.245.185.905)    (108.148.865.518)    Acquisitions of investment properties

Kas Bersih Digunakan untuk Aktivitas Investasi                        (77.862.326.863)     (88.844.569.112)     Net Cash Used in Investing Activities

ARUS KAS DARI AKTIVITAS PENDANAAN                                                                               CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan atas peningkatan modal saham
  entitas anak yang menjadi bagian                                                                              Proceeds from issuance of shares of
  kepentingan nonpengendali                                           73.051.107.000        15.654.000.000         subsidiaries to non-controlling interest
Pembayaran atas penurunan modal saham
  entitas anak yang menjadi bagian                                                                             Payment in relation to reduction in paid-up capital
  kepentingan nonpengendali                                                         -     (515.808.825.575)       of subsidiaries to non-controlling interest
Pembayaran liabilitas sewa                                             (2.583.980.000)      (2.362.580.000)    Payments of lease liabilities
Pembayaran dividen oleh entitas anak
  yang menjadi bagian kepentingan                                                                              Payment of dividends to non-controlling interest
  nonpengendali                                                      (335.387.134.582)    (209.218.240.460)       by a subsidiary
Pembayaran dividen                                                   (702.651.156.200)                   -     Dividends paid

Kas Bersih Digunakan untuk Aktivitas Pendanaan                       (967.571.163.782)    (711.735.646.035)    Net Cash Used in Financing Activities

                                                                                                               NET DECREASE IN CASH AND CASH
PENURUNAN BERSIH KAS DAN SETARA KAS                                  (350.528.419.961)    (621.811.157.707)      EQUIVALENTS

                                                                                                               CASH AND CASH EQUIVALENTS AT THE
KAS DAN SETARA KAS AWAL TAHUN                                    2.875.636.301.739       3.497.490.464.122         BEGINNING OF THE YEAR
Pengaruh perubahan kurs mata uang asing                                134.710.013             (43.004.676)    Effect of foreign exchange rate changes

                                                                                                               CASH AND CASH EQUIVALENTS AT THE END
KAS DAN SETARA KAS AKHIR TAHUN                                   2.525.242.591.791       2.875.636.301.739       OF THE 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 256
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                        PT DUTA PERTIWI Tbk 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,                                     (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                         unless Otherwise Stated)


1.   Umum                                                  1.   General

     a.   Pendirian dan Informasi Umum                          a.   Establishment and General Information

          PT Duta Pertiwi Tbk (“Perusahaan” atau                     PT Duta Pertiwi Tbk (“the Company” or “the
          “Entitas Induk”) didirikan dengan Akta                     Parent Company”) was established based
          No. 237 tanggal 29 Desember 1972 dari                      on Notarial Deed No. 237 dated
          Mohamad Said Tadjoedin, S.H., notaris di                   December 29, 1972 of Mohamad Said
          Jakarta. Anggaran Dasar Perusahaan                         Tadjoedin, S.H., a public notary in Jakarta.
          tersebut telah disahkan oleh Menteri                       The Deed of Establishment was approved
          Kehakiman Republik Indonesia melalui                       by the Minister of Justice of the Republic of
          Surat Keputusan No. Y.A.5/116/20 tanggal                   Indonesia     in    his   Decision     Letter
          4 Mei 1973 dan telah diumumkan dalam                       No. Y.A.5/116/20 dated May 4, 1973, and
          Berita Negara Republik Indonesia No. 94                    was published in the State Gazette
          Tambahan No. 1441 tanggal 25 November                      of the Republic of Indonesia No. 94
          1986. Anggaran Dasar Perusahaan telah                      dated November 25, 1986, Supplement
          mengalami beberapa kali perubahan,                         No. 1441. The Company’s Articles of
          terakhir dengan Akta No. 1 tanggal 1 Juli                  Association have been amended several
          2022 dari Syarifudin, S.H., notaris di Kota                times, most recently by Notarial Deed
          Tangerang, mengenai penyesuaian Pasal 3                    No. 1 dated July 1, 2022 of Syarifudin, S.H.,
          Anggaran Dasar Perusahaan terhadap                         a public notary in Kota Tangerang,
          Klasifikasi    Baku     Lapangan     Usaha                 concerning the adjustment of Article 3 of
          Indonesia. Perubahan ini telah disetujui                   the Company’s Articles of Association to
          oleh        Menteri        Hukum        dan                Indonesian         Standard        Industrial
          Hak       Asasi       Manusia      Republik                Classification of All Economic Activities.
          Indonesia melalui Surat Keputusannya                       This change was approved by the Minister
          No. AHU-0045588.AH.01.02.Tahun 2022                        of Law and Human Rights of the Republic
          tanggal 4 Juli 2022, serta diumumkan dalam                 of Indonesia through his Decision Letter
          Berita     Negara     Republik    Indonesia                No. AHU-0045588.AH.01.02.Year 2022
          No. 87 tanggal 1 November 2022, tambahan                   dated July 4, 2022, and was published in
          No. 37675.                                                 the State Gazette of the Republic of
                                                                     Indonesia No. 87 dated November 1, 2022,
                                                                     Supplement No. 37675.

          Sesuai dengan Pasal 3 Anggaran Dasar,                      In accordance with Article 3 of the
          ruang lingkup kegiatan Perusahaan meliputi                 Company’s Articles of Association, the
          industri barang, pengelolaan air, konstruksi               scope of its activities is to engage in
          gedung, jalan dan jaringan, penyiapan                      commodity industry, water treatment,
          lahan, instalasi sistem kelistrikan dan                    building, road and network construction,
          saluran, perdagangan besar, aktivitas                      land preparation, installation of electrical
          penunjang angkutan darat, restoran, real                   systems and channels, wholesale trade,
          estat yang dimiliki sendiri atau disewa,                   land transportation support activities,
          kawasan industri, aktivitas konsultasi serta               restaurants, self-owned or leased real
          aktivitas operasional fasilitas olahraga dan               estate, industrial estates, consulting
          taman bertema atau taman hiburan.                          activities and operational activities for
          Perusahaan mulai beroperasi komersial                      sports facilities and theme parks or
          pada tanggal 1 Oktober 1988 dalam bidang                   amusement parks. The Company started
          real    estat,  sebelumnya       Perusahaan                commercial operations in real estate
          bergerak dalam bidang kontraktor.                          business on October 1, 1988. Prior to
                                                                     October 1988, the Company is engaged in
                                                                     construction business only.




                                                     -6-
Page 257
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                    PT DUTA PERTIWI Tbk 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,                                 (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                     unless Otherwise Stated)


         Perusahaan berkedudukan di Jakarta Utara               The Company is domiciled in North Jakarta
         dengan proyek real estatnya meliputi pusat             and its real estate projects, namely, ITC
         perbelanjaan ITC Mangga Dua, Ruko Textil               Mangga Dua Shopping Center, Ruko Textil
         Mangga Dua, Dusit Arkade Belanja Mangga                Mangga Dua, Dusit Arkade Belanja
         Dua, Mangga Dua Mall, Mangga Dua Court                 Mangga Dua, Mangga Dua Mall, Mangga
         Apartment, Wisma Eka Jiwa, Jembatan                    Dua Court Apartment, Wisma Eka Jiwa,
         Niaga I, II dan III, perumahan Taman Duta              Niaga I, II and III bridge, Taman Duta Mas
         Mas, Mega ITC Cempaka Mas, Pusat Niaga                 housing complex, Mega ITC Cempaka
         Duta Mas Fatmawati, Ruko Roxy Mas, ITC                 Mas, Pusat Niaga Duta Mas Fatmawati,
         Fatmawati, Harcomas Mangga Dua,                        Ruko Roxy Mas, ITC Fatmawati, Harcomas
         Jembatan Harcomas Mangga Dua dan                       Mangga Dua, Harcomas Mangga Dua
         Terowongan Harcomas Mangga Dua, ITC                    bridge and Harcomas Mangga Dua
         Roxy Mas dan Apartemen, dan Roxy II, yang              underground channel, ITC Roxy Mas and
         seluruhnya berlokasi di Jakarta dan pusat              apartment, and Roxy II are located in
         perbelanjaan Mangga Dua Center di                      Jakarta, while the Mangga Dua Center
         Surabaya. Kantor pusat Perusahaan                      Shopping Center is located in Surabaya.
         beralamat di Gedung ITC Mangga Dua Lt. 8,              The Company’s head office is located at
         Jalan Mangga Dua Raya, Jakarta.                        ITC Mangga Dua building, 8th Floor, Jalan
                                                                Mangga Dua Raya, Jakarta.

         Perusahaan dan entitas anak (selanjutnya               The Company and its subsidiaries (herein
         disebut Grup) didirikan dan menjalankan                after referred to as “the Group”) are
         usahanya di Indonesia.                                 incorporated and conduct their operations
                                                                in Indonesia.

         Grup termasuk dalam kelompok usaha                     The Group operates under the group of
         PT Bumi Serpong Damai Tbk.                             PT Bumi Serpong Damai Tbk.

         Pemegang saham akhir Grup adalah                       The ultimate parent of the Group is
         Sinarmas Land Limited yang berkedudukan                Sinarmas Land Limited, a limited liability
         di Singapura.                                          company incorporated in Singapore.

    b.   Penawaran Umum Efek Perusahaan                    b.   Public Offering of Shares and Bonds

         Penawaran Umum Saham                                   Shares Offering

         Pada tanggal 26 September 1994,                        On September 26, 1994, the Company
         Perusahaan        memperoleh        Surat              obtained the Notice of Effectivity of Share
         Pemberitahuan Efektif atas Pernyataan                  Registration from the Chairman of the
         Pendaftaran Emisi Saham dari Ketua Badan               Capital Market Supervisory Agency
         Pengawas Pasar Modal (Bapepam atau                     (Bapepam or the Capital Market and
         Badan Pengawas Pasar Modal dan                         Financial        Institution   Supervisory
         Lembaga Keuangan/Bapepam dan LK atau                   Agency/Bapepam-LK or currently Financial
         sekarang Otoritas Jasa Keuangan/OJK)                   Service Authority/OJK) in his letter
         No. S-1665/PM/1994 untuk melaksanakan                  No. S-1665/PM/1994 for its offering to the
         penawaran      umum     saham     kepada               public of 25,000,000 shares with
         masyarakat sebanyak 25.000.000 saham                   Rp 1,000 par value per share at an offering
         dengan nilai nominal Rp 1.000 per saham,               price of Rp 3,150 per share. On
         dan harga penawaran sebesar Rp 3.150 per               November 2, 1994, these shares were
         saham.       Perusahaan      mencatatkan               listed in the Indonesia Stock Exchange.
         sahamnya pada Bursa Efek Indonesia pada
         tanggal 2 November 1994.

         Pada tanggal 24 Maret 1997, Perusahaan                 On March 24, 1997, the Company obtained
         memperoleh     pernyataan    efektif  dari             the Notice of Effectivity from the Chairman
         Ketua Bapepam dan LK dengan surat                      of     Bapepam-LK         in    his      letter
         No. S-447/PM/1997 untuk melakukan                      No. S-447/PM/1997 for its limited public
         Penawaran Umum Terbatas Dengan Hak                     offering with preemptive rights of
         Memesan Efek Terlebih Dahulu sebesar                   693,750,000 shares through rights issue to
         693.750.000     saham.     Saham-saham                 stockholders. On April 15, 1997, all of these
         tersebut dicatatkan pada Bursa Efek                    shares were listed in the Indonesia Stock
         Indonesia pada tanggal 15 April 1997.                  Exchange.


                                                  -7-
Page 258
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                    PT DUTA PERTIWI Tbk 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,                                                                                 (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                                     unless Otherwise Stated)


         Pada tanggal 5 Juni 2008, Perusahaan                                                                        On June 5, 2008, the Company obtained
         memperoleh pernyataan efektif dari Ketua                                                                    the Notice of Effectivity from the Chairman
         Bapepam     dan    LK     dengan     surat                                                                  of     Bapepam-LK         in    his    letter
         No. S-3547/BL/2008 untuk melakukan                                                                          No. S-3547/BL/2008 for its limited public
         Penawaran Umum Terbatas Dengan Hak                                                                          offering with preemptive rights of
         Memesan Efek Terlebih Dahulu sebesar                                                                        462,500,000 shares through rights issue to
         462.500.000     saham.      Saham-saham                                                                     stockholders. On June 19, 2008, all of
         tersebut dicatatkan pada Bursa Efek                                                                         these shares were listed in the Indonesia
         Indonesia pada tanggal 19 Juni 2008.                                                                        Stock Exchange.

         Pada tanggal 31 Desember 2024 dan 2023,                                                                     As of December 31, 2024 and 2023, all of
         seluruh saham Perusahaan atau sejumlah                                                                      the Company’s outstanding shares of
         masing-masing 1.850.000.000 saham telah                                                                     1,850,000,000 are listed in the Indonesia
         dicatatkan pada Bursa Efek Indonesia.                                                                       Stock Exchange.

    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                                                                   subsidiaries which were consolidated,
         termasuk      persentase     kepemilikan                                                                    including the respective percentages of
         Perusahaan adalah sebagai berikut:                                                                          ownership held by the Company, follows:
                                                                                              Tahun Operasi         Persentase Kepemilikan
                                                                                                Komersial/              dan Hak Suara/
                                                                                                 Start of          Percentage of Ownership         Jumlah Aset (Sebelum Eliminasi)/
               Entitas Anak/          Lokasi/        Jenis Usaha/          Nama Proyek/        Commercial              and Voting Rights           Total Assets (Before Elimination)
              Subsidiary (PT)        Domicile     Nature of Business       Project Name        Operations          2024                2023          2024                       2023
                                                                                                                     %                   %
         Pemilikan Langsung/Direct Investments
         Putra Alvita Pratama (PAP) Bekasi       Perumahan/            Grand Wisata               1994                 53,52              53,52   2.484.474.301.520      2.685.973.691.988
                                                 Real estate
         Duta Semesta Mas          Jakarta       Mixed use             South Gate                 2015                100,00             100,00   1.801.715.181.700      2.010.485.758.619

         Mitrakarya Multiguna      Surabaya      Pergudangan/                   -                 2016                 82,00              82,00   1.480.639.892.688      1.469.138.999.369
                                                 Warehouse
         Itomas Kembangan          Jakarta       Apartemen/            Aerium                     2015                 88,59              88,59    989.399.238.461       1.209.278.303.372
           Perdana                               Apartment
         Wijaya Pratama Raya       Semarang      Pusat perbelanjaan    DP Mall dan/and            2007                 73,91              73,91    952.324.176.355        740.585.435.194
                                                 dan hotel/            Hotel Rooms Inc
                                                 Shopping center
                                                 and hotel
         Mekanusa Cipta            Cibubur       Perumahan/            Kota Wisata                1997                100,00             100,00    828.950.893.564        677.925.673.621
                                                 Real estate
         Kurniasubur Permai (KSP) Cibubur        Perumahan/            Kota Wisata                2021                100,00             100,00    626.342.321.189        540.738.040.690
                                                 Real estate
         Royal Oriental            Jakarta       Perkantoran/          Sinarmas Land Plaza,       1997                 74,11              74,11    583.869.800.313        656.952.329.527
                                                 Office space          Cashbac dan/and
                                                                       Sopo Del Tower
         Kembangan Permai          Jakarta       Perumahan/            Taman Permata Buana        2005                 80,00              80,00    418.736.331.909        417.215.698.999
          Development                            Real estate
         Anekagriya Buminusa       Cibubur       Perumahan/            Kota Wisata                1997                100,00             100,00    262.962.441.545        218.242.462.202
                                                 Real estate
         Prima Sehati              Cibubur       Perumahan/            Kota Wisata                1997                100,00             100,00    216.187.897.894        734.941.440.333
                                                 Real estate
         Putra Prabukarya          Cibubur       Perumahan/            Kota Wisata                1997                100,00             100,00    175.862.446.293        105.368.975.007
                                                 Real estate
         Prestasi Mahkota Utama    Bekasi                -                      -                   *                 100,00             100,00    121.359.241.467        121.230.729.971

         Sinarwijaya Ekapratista   Tangerang     Perumahan/            Banjar Wijaya              1991                100,00             100,00    118.444.211.709        257.205.581.220
                                                 Real estate
         Sinarwisata Permai        Balikpapan    Hotel/Hotel           Hotel Le Grandeur          1994                100,00             100,00    117.536.640.349        159.308.023.819
                                                                         Balikpapan
         Perwita Margasakti        Jakarta       Apartemen dan pusat   Superblok Ambasador        1995                100,00             100,00    111.208.472.347        127.936.708.583
                                                 perbelanjaan/           Kuningan dan/and
                                                 Apartment and           ITC Kuningan
                                                 shopping center
         Phinisindo Zamrud         Depok         Pusat perbelanjaan/   ITC Depok                  2004                 77,48              77,48    110.099.669.291        201.853.906.376
          Nusantara                              Shopping center
         Misaya Properindo         Cibubur       Perumahan/            Legenda Wisata             1999                100,00             100,00     84.520.516.918        142.781.187.862
                                                 Real estate
         Saranapapan Ekasejati     Cipanas       Perumahan/            Kota Bunga                 1994                100,00             100,00     54.385.483.162          55.651.457.659
                                                 Real estate
         Mustika Karya Sejati      Jakarta       Perumahan/            Taman Permata Buana        1994                100,00             100,00     42.423.972.872          95.459.870.500
                                                 Real estate
         Kanaka Grahaasri          Cibubur       Perumahan/            Kota Wisata                1997                100,00             100,00     13.840.365.532          13.390.244.777
                                                 Real estate
         Pangeran Plaza Utama      Cipanas       Perumahan/            Kota Bunga                 1994                100,00             100,00      3.882.893.056           3.801.662.220
                                                 Real estate
         Sinarwisata Lestari       Jakarta       Hotel/Hotel           Hotel Le Grandeur          1996                100,00             100,00      3.426.035.794           7.017.635.346
                                                                         Mangga Dua
         Duta Karya Propertindo    Jakarta              -                      -                    *                 100,00             100,00         23.158.677              40.168.677




                                                                                           -8-
Page 259
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                  PT DUTA PERTIWI Tbk 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,                                                                               (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                                   unless Otherwise Stated)

                                                                                           Tahun Operasi     Persentase Kepemilikan
                                                                                             Komersial/          dan Hak Suara/
                                                                                              Start of      Percentage of Ownership            Jumlah Aset (Sebelum Eliminasi)/
              Entitas Anak/          Lokasi/        Jenis Usaha/          Nama Proyek/      Commercial          and Voting Rights              Total Assets (Before Elimination)
             Subsidiary (PT)        Domicile     Nature of Business       Project Name      Operations      2024                2023             2024                       2023
                                                                                                              %                   %
        Entitas anak PAP/Subsidiary of PAP
        Putra Tirta Wisata         Bekasi      Arena rekreasi/         Go Wet                    2015           53,52              53,52        49.402.450.177          54.101.910.793
                                               Recreation arena
        Panca Lambang Cipta        Bekasi                -                      -                 *             53,52              53,52            60.000.000              60.000.000

        Entitas anak KSP/Subsidiary of KSP
        Kurnia Sinergi Mas         Cibubur               -                      -                 *             51,00                      -                  -                      -

        *   Belum beroperasi komersial/No commercial operation



        Informasi keuangan entitas anak yang                                                                 Financial information of subsidiaries
        dimiliki oleh kepentingan nonpengendali                                                              that have material non-controlling interests
        dalam jumlah material pada tanggal dan                                                               as of and for the years ended
        untuk     tahun-tahun   yang   berakhir                                                              December 31, 2024 and 2023 follows:
        31 Desember 2024 dan 2023 adalah
        sebagai berikut:

                                                                                        2024
                                                                      Kepentingan Nonpengendali yang Material/
                                                                          Material Non-controlling Interest
                                                                            Bagian Kepentingan
                        Nama Entitas Anak/                                      Kepemilikan/            Saldo Akumulasi/                            Bagian Laba (Rugi)/
                        Name of Subsidiary                                  Equity Interest Held    Accumulated Balances                           Share in Profit (Loss)
                                                                                      %

        PT Putra Alvita Pratama (PAP)                                                    46,48                          775.192.905.919                   499.464.333.769
        PT Mitrakarya Multiguna (MKM)                                                    18,00                          252.397.475.935                    (2.036.910.084)
        PT Wijaya Pratama Raya (WPR)                                                     26,09                          231.535.135.639                     4.229.430.110
        PT Royal Oriental (RO)                                                           25,89                           88.871.976.287                    37.635.692.152
        PT Kembangan Permai
          Development (KPD)                                                              20,00                            83.356.681.228                          330.630.799
        PT Phinisindo Zamrud
          Nusantara (PZN)                                                                22,52                            20.598.693.879                   (15.855.637.101)

                                                                                        2023
                                                                      Kepentingan Nonpengendali yang Material/
                                                                          Material Non-controlling Interest
                                                                           Bagian Kepentingan
                        Nama Entitas Anak/                                     Kepemilikan/            Saldo Akumulasi/                             Bagian Laba (Rugi)/
                        Name of Subsidiary                                 Equity Interest Held     Accumulated Balances                           Share in Profit (Loss)
                                                                                     %

        PAP                                                                              46,48                          525.999.203.104                  168.653.322.212
        MKM                                                                              18,00                          254.434.357.205                   (1.851.658.709)
        WPR                                                                              26,09                          182.987.285.120                    4.286.393.392
        RO                                                                               25,89                          103.049.986.710                   40.402.221.709
        KPD                                                                              20,00                           83.018.141.738                    4.942.221.468
        PZN                                                                              22,52                           41.023.125.049                    2.412.432.749

        Berikut    adalah     ringkasan    informasi                                                         The summarized financial information of
        keuangan dari entitas anak. Jumlah-jumlah                                                            these subsidiaries is provided below. This
        tersebut sebelum dieliminasi dengan                                                                  information is based on amounts before
        transaksi antar entitas dalam Grup.                                                                  inter-company eliminations.




                                                                                     -9-
Page 260
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                             PT DUTA PERTIWI Tbk 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,                                                                                          (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                                              unless Otherwise Stated)


         Ringkasan laporan posisi keuangan pada                                                                                        Summarized statements of financial
         tanggal 31 Desember 2024 dan 2023:                                                                                            position as of December 31, 2024 and
                                                                                                                                       2023:
                                                                                                             2024
                                               PAP                      MKM                         WPR                        RO                   KPD                         PZN

         Aset lancar                    1.427.090.730.830             39.364.095.552            71.817.879.691           184.180.268.063        64.486.170.949             106.289.401.970        Current assets
         Aset tidak lancar              1.057.383.570.690          1.441.275.797.136           880.506.296.664           399.689.532.250       354.250.160.960               3.810.267.321        Noncurrent assets
         Jumlah Aset                    2.484.474.301.520          1.480.639.892.688           952.324.176.355           583.869.800.313       418.736.331.909             110.099.669.291        Total Assets

         Liabilitas jangka pendek          500.512.127.672            78.175.505.870             24.559.152.950          228.600.844.516         1.506.867.965               9.801.365.358        Current liabilities
         Liabilitas jangka panjang         315.872.814.021               256.189.098             40.301.394.612           12.001.376.472           446.057.743               8.817.387.757        Noncurrent liabilities
         Jumlah Liabilitas                 816.384.941.693            78.431.694.968             64.860.547.562          240.602.220.988         1.952.925.708              18.618.753.115        Total Liabilities

         Jumlah Ekuitas                 1.668.089.359.827          1.402.208.197.720           887.463.628.793           343.267.579.325       416.783.406.201              91.480.916.176        Total Equity

                                                                                                             2023
                                                PAP                      MKM                         WPR                       RO                   KPD                         PZN

          Aset lancar                   1.673.889.853.670             38.575.636.575             64.637.500.362          232.301.201.017        55.734.763.600             124.442.249.293        Current assets
          Aset tidak lancar             1.012.083.838.318          1.430.563.362.794            675.947.934.832          424.651.128.510       361.480.935.399              77.411.657.083        Noncurrent assets
          Jumlah Aset                   2.685.973.691.988          1.469.138.999.369            740.585.435.194          656.952.329.527       417.215.698.999             201.853.906.376        Total Assets

          Liabilitas jangka pendek      1.241.831.643.730             55.388.115.379             19.645.503.389          247.996.271.696          1.696.426.816              8.973.351.470        Current liabilities
          Liabilitas jangka panjang       312.218.447.349                226.679.209             19.549.931.822           10.925.981.698            428.563.435             10.692.641.151        Noncurrent liabilities
          Jumlah Liabilitas             1.554.050.091.079             55.614.794.588             39.195.435.211          258.922.253.394          2.124.990.251             19.665.992.621        Total Liabilities
          Jumlah Ekuitas                1.131.923.600.909          1.413.524.204.781            701.389.999.983          398.030.076.133       415.090.708.748             182.187.913.755        Total Equity




         Ringkasan laporan laba rugi dan                                                                                        Summarized statements of profit or loss
         penghasilan komprehensif lain pada tahun                                                                               and other comprehensive income for 2024
         2024 dan 2023:                                                                                                         and 2023:
                                                                                                                  2024
                                                     PAP                  MKM                       WPR                        RO                    KPD                        PZN

         Pendapatan                          2.116.131.387.611                       -         118.275.034.809            299.556.104.203       24.663.902.901               2.300.025.351        Revenues
         Laba (rugi) sebelum pajak           1.074.838.294.112       (11.316.167.136)            16.211.319.203           145.783.985.668        1.703.140.752             (69.759.869.576)       Profit (loss) before tax
         Penghasilan (rugi)                                                                                                                                                                       Other comprehensive
           komprehensif lain                       141.460.806                160.075               (57.941.393)               37.323.963           39.543.458                (266.883.937)          income (loss)
         Jumlah penghasilan (rugi)                                                                                                                                                                Total comprehensive
           komprehensif                      1.074.708.992.778       (11.316.007.061)            16.153.377.810           145.405.003.191        1.692.697.453             (70.683.397.579)          income (loss)
         Teratribusikan pada kepentingan                                                                                                                                                          Attributable to non-
            nonpengendali                      499.530.084.727         (2.036.881.270)            4.214.313.505            37.645.355.326          338.539.490             (15.915.731.170)          controlling interest
         Dividen yang dibayarkan pada                                                                                                                                                             Dividends paid to non-
            kepentingan nonpengendali          250.336.381.912                       -           28.718.686.920            51.823.365.750                        -           4.508.700.000           controlling interest


                                                                                                                  2023
                                                      PAP                   MKM                       WPR                         RO                  KPD                        PZN

         Pendapatan                           1.038.807.652.773                          -       117.588.489.089           274.656.215.459         2.977.465.785             8.917.530.712         Revenues
         Laba (rugi) sebelum pajak              363.086.986.030        (10.286.992.828)           16.429.921.565           156.324.467.205        24.736.636.692            11.460.670.671         Profit (loss) before tax
         Penghasilan (rugi)                                                                                                                                                                        Other comprehensive
           komprehensif lain                       (222.254.023)           (12.218.103)               (54.176.428)             (458.824.813)         (19.589.732)              (231.648.328)          income (loss)
         Jumlah penghasilan (rugi)                                                                                                                                                                 Total comprehensive
           komprehensif                         362.619.646.507        (10.299.210.931)           16.375.745.137           155.594.561.472        24.691.517.610            10.482.213.406            income (loss)
         Teratribusikan pada kepentingan                                                                                                                                                           Attributable to non-
            nonpengendali                       168.550.020.072         (1.853.857.967)            4.272.259.176            40.283.431.965         4.938.303.520             2.360.272.658            controlling interest
         Dividen yang dibayarkan pada                                                                                                                                                              Dividends paid to non-
            kepentingan nonpengendali           157.420.117.460                          -                         -        90.646.715.250                           -                       -        controlling interest



         Ringkasan informasi arus kas pada tahun                                                                                Summarized cash flow information for 2024
         2024 dan 2023:                                                                                                         and 2023:
                                                                                                            2024
                                                PAP                   MKM                        WPR                         RO                   KPD                         PZN

         Operasi                            451.643.144.028       (19.059.733.902)             58.177.077.234           148.145.914.019        21.483.606.030                533.353.429         Operating
         Investasi                           55.440.382.698            13.161.718            (239.392.912.589)            5.130.384.167         1.822.600.126                417.961.712         Investing
         Pendanaan                         (538.543.233.860)       19.800.000.000             169.920.251.000          (200.737.880.000)                    -            (20.023.600.000)        Financing
                                                                                                                                                                                                 Net increase (decrease)
         Kenaikan (penurunan)                                                                                                                                                                       in cash and cash
           bersih kas dan setara kas        (31.459.707.134)         753.427.816              (11.295.584.355)          (47.461.581.814)       23.306.206.156            (19.072.284.859)           equivalents


                                                                                                             2023
                                                PAP                   MKM                        WPR                         RO                   KPD                         PZN

          Operasi                           427.410.656.476       (10.915.122.197)             39.389.843.346           190.676.602.678        (2.413.969.063)            10.774.182.332         Operating
          Investasi                         (46.400.834.661)            6.211.835             (65.360.353.901)            3.821.613.952           902.848.355                477.930.507         Investing
          Pendanaan                        (338.654.487.550)       10.815.000.000              15.654.000.000          (200.586.780.000)                    -                          -         Financing
                                                                                                                                                                                                 Net increase (decrease)
          Kenaikan (penurunan)                                                                                                                                                                      in cash and cash
            bersih kas dan setara kas       42.355.334.265            (93.910.362)            (10.316.510.555)           (6.088.563.370)       (1.511.120.708)            11.252.112.839            equivalents




                                                                                             - 10 -
Page 261
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                      PT DUTA PERTIWI Tbk 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,                                   (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                       unless Otherwise Stated)


        Perubahan Persentase Kepemilikan                         Changes in Ownership Interest

        PT Wijaya Pratama Raya (WPR)                             PT Wijaya Pratama Raya (WPR)

        Pada     tanggal  7   Desember    2023,                  On December 7, 2023, the Company
        Perusahaan dan PT Sinar Mas Griya                        and PT Sinar Mas Griya (SMG),
        (SMG), menyetujui penambahan modal                       approved the increase in paid-up
        disetor pada WPR masing-masing sebesar                   capital which was fully issued by
        Rp 44.346.000.000 dan Rp 15.654.000.000                  WPR amounting to Rp 44,346,000,000
        atau    masing-masing   setara  dengan                   and Rp 15,654,000,000, respectively,
        44.346.000    dan   15.654.000   saham.                  consisting of 44,346,000 and 15,654,000
        Transaksi ini menurunkan persentase                      shares, respectively. This transaction
        kepemilikan Perusahaan di WPR dari                       decreased the ownership interest of the
        73,9110% menjadi 73,9108% (Catatan 29).                  Company in WPR from 73.9110% to
                                                                 73.9108% (Note 29).

        Pada tanggal 8 Maret 2024, Perusahaan                    On March 8, 2024, the Company
        dan SMG, menyetujui penambahan modal                     and SMG, approved the increase in
        disetor pada WPR masing-masing sebesar                   paid-up capital which was fully issued by
        Rp 81.301.000.000 dan Rp 28.699.000.000                  WPR amounting to Rp 81,301,000,000 and
        atau    masing-masing   setara  dengan                   Rp       28,699,000,000,     respectively,
        81.301.000    dan   28.699.000   saham.                  consisting of 81,301,000 and 28,699,000
        Transaksi ini menurunkan persentase
                                                                 shares, respectively. This transaction
        kepemilikan Perusahaan di WPR dari
        73,9108% menjadi 73,9105% (Catatan 29).                  decreased the ownership interest of the
                                                                 Company in WPR from 73.9108% to
                                                                 73.9105% (Note 29).

        Pada tanggal 20 Desember 2024,                           On December 20, 2024, the Company
        Perusahaan     dan    SMG,    menyetujui                 and SMG, approved the increase in
        penambahan           modal        disetor                paid-up capital which was fully issued by
        pada    WPR     masing-masing    sebesar                 WPR amounting to Rp 125,647,894,000
        Rp          125.647.894.000          dan                 and Rp 44,352,107,000, respectively,
        Rp 44.352.107.000 atau masing-masing                     consisting of 125,647,894 and 44,352,107
        setara dengan 125.647.894 dan 44.352.107
                                                                 shares, respectively. This transaction
        saham.     Transaksi   ini   menurunkan
        persentase kepemilikan Perusahaan di                     decreased the ownership interest of the
        WPR      dari   73,9105259%      menjadi                 Company in WPR from 73.9105259% to
        73,9105258% (Catatan 29).                                73.9105258% (Note 29).


        Pendirian Perusahaan Baru                                Establishment of New Company

        Pada tanggal 17 Desember 2024,                           On December 17, 2024, PT Kurniasubur
        PT Kurniasubur Permai (KSP), entitas anak,               Permai (KSP), a subsidiary, and Sinarmas
        dan Sinarmas Land (HK) Limited, pihak                    Land (HK) Limited, a related party
        berelasi (Catatan 42), mendirikan PT Kurnia              (Note 42), established PT Kurnia Sinergi
        Sinergi Mas (KSM) dengan modal disetor                   Mas      (KSM)    with    paid-up   capital
        masing-masing sebesar Rp 5.100.000.000                   amounting to Rp 5,100,000,000 and
        dan Rp 4.900.000.000 atau masing-masing                  Rp     4,900,000,000, respectively,      or
        mencerminkan 5.100 dan 4.900 saham                       representing 5,100 shares and 4,900
        dengan nilai nominal sebesar Rp 1.000.000                shares, respectively, with nominal value of
        per saham. Bagian kepemilikan KSP pada                   Rp 1,000,000 per share. KSP ownership
        KSM adalah sebesar 51%.                                  interest in KSM is 51%.




                                                 - 11 -
Page 262
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


    d.   Dewan Komisaris, Direksi dan Karyawan                   d.     Board of Commissioners, Directors and
                                                                        Employees

         Pada tanggal 31 Desember 2024 dan 2023,                        As of December 31, 2024 and 2023, based
         susunan Dewan Komisaris dan Direksi                            on the Statement of Meeting Decision, as
         Perusahaan     berdasarkan      Pernyataan                     documented in Notarial Deed No. 18 dated
         Keputusan        Rapat       sebagaimana                       June 14, 2022, of Syarifudin, S.H., a public
         didokumentasikan dalam Akta No. 18                             notary in Tangerang, the Company’s Board
         tanggal 14 Juni 2022, dari Syarifudin, S.H.,                   of Commissioners and Directors consist of
         notaris di Tangerang, adalah sebagai                           the following:
         berikut:

         Dewan Komisaris                                                             Board of Commissioners
         Komisaris Utama                      :   Muktar Widjaja                 :   President Commissioner
         Wakil Komisaris Utama                :   Franciscus Xaverius            :   Vice President Commissioner
                                                  Ridwan Darmali

         Komisaris Independen                 :   Teddy Pawitra                  :   Independent Commissioners
                                                  Susiyati Bambang Hirawan

         Direksi                                                                     Directors
         Direktur Utama                       :   Teky Mailoa                    :   President Director
         Wakil Direktur Utama                 :   Lie Jani Harjanto              :   Vice President Director
         Direktur                             :   Hongky Jeffry Nantung          :   Directors
                                                  Handoko Wibowo

         Susunan Komite Audit Perusahaan pada                           The Composition of the Audit Committee of
         tanggal 31 Desember 2024 dan 2023                              the Company as of December 31, 2024
         berdasarkan Keputusan Dewan Komisaris,                         and 2023, based on the Decision of the
         adalah sebagai berikut:                                        Board of Commissioners follows:

         Ketua Komite Audit                   :   Susiyati Bambang Hirawan       :   Head of Audit Committee
         Anggota Komite Audit                 :   Rudiantara                     :   Members of Audit Committee
                                                  Rusli Prakarsa

         Jumlah remunerasi yang diberikan kepada                        Total remuneration given to the
         Dewan Komisaris dan Direksi Perusahaan                         Company’s Board of Commissioners
         pada tahun 2024 dan 2023 masing-masing                         and Directors in 2024 and 2023
         adalah sebesar Rp 11.627.324.430 dan                           amounted      to Rp 11,627,324,430
         Rp 13.905.297.720 (tidak diaudit).                             and Rp 13,905,297,720 (unaudited),
                                                                        respectively.

         Jumlah karyawan Perusahaan adalah 330                          The Company has 330 employees as of
         karyawan pada tanggal 31 Desember 2024                         December 31, 2024 (unaudited) and 316
         (tidak diaudit) dan 316 karyawan pada                          employees as of December 31, 2023
         tanggal 31 Desember 2023 (tidak diaudit).                      (unaudited). The Group has 1,264 and
         Sedangkan jumlah karyawan Grup adalah                          1,247 employees as of December 31, 2024
         1.264 dan 1.247 masing-masing pada                             (unaudited) and December 31, 2023
         tanggal 31 Desember 2024 (tidak diaudit)                       (unaudited), respectively.
         dan 31 Desember 2023 (tidak diaudit).

    e.   Penyelesaian        Laporan       Keuangan              e.     Completion of Consolidated Financial
         Konsolidasian                                                  Statements

         Laporan       keuangan         konsolidasian                   The consolidated financial statements of
         PT Duta Pertiwi Tbk dan entitas anak untuk                     PT Duta Pertiwi Tbk and its subsidiaries for
         yang berakhir 31 Desember 2024 telah                           the year ended December 31, 2024 were
         diselesaikan dan diotorisasi untuk terbit oleh                 completed and authorized for issuance on
         Direksi    Perusahaan       pada      tanggal                  March 24, 2025 by the Company’s
         24 Maret 2025. Direksi Perusahaan                              Directors who are responsible for the
         bertanggung jawab atas penyusunan dan                          preparation and presentation of the
         penyajian laporan keuangan konsolidasian                       consolidated financial statements.
         tersebut.



                                                     - 12 -
Page 263
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                           PT DUTA PERTIWI Tbk 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,                                        (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                            unless Otherwise Stated)


2.   Informasi Kebijakan Akuntansi Material                   2.   Material Accounting Policy Information

     a.   Dasar Penyusunan dan Pengukuran                          a.   Basis   of  Consolidated   Financial
          Laporan Keuangan Konsolidasian                                Statements     Preparation      and
                                                                        Measurement

          Laporan keuangan konsolidasian disusun                        The consolidated financial statements
          dan disajikan dengan menggunakan                              have been prepared and presented in
          Standar Akuntansi Keuangan di Indonesia,                      accordance with Indonesian Financial
          meliputi pernyataan dan interpretasi yang                     Accounting Standards “SAK”, which
          diterbitkan oleh Dewan Standar Akuntansi                      comprise        the     statements      and
          Keuangan Ikatan Akuntan Indonesia (IAI)                       interpretations issued by the Board of
          dan Dewan Standar Akuntansi Syariah IAI,                      Financial Accounting Standards of the
          dan Peraturan OJK No. VIII.G.7 tentang                        Institute    of     Indonesia    Chartered
          “Penyajian dan Pengungkapan Laporan                           Accountants (IAI) and the Board of Sharia
          Keuangan Emiten atau Perusahaan Publik”.                      Accounting Standards of IAI and OJK
                                                                        Regulation      No.    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.

          Dasar pengukuran laporan keuangan                             The measurement basis used is the
          konsolidasian ini adalah konsep biaya                         historical cost, except for certain accounts
          perolehan (historical cost), kecuali beberapa                 which are measured on the bases
          akun    tertentu    disusun      berdasarkan                  described in the related accounting
          pengukuran lain, sebagaimana diuraikan                        policies. The consolidated financial
          dalam kebijakan akuntansi masing-masing                       statements, except for the consolidated
          akun     tersebut.     Laporan      keuangan                  statements of cash flows, are prepared
          konsolidasian ini disusun dengan metode                       under the accrual basis of accounting.
          akrual,    kecuali    laporan     arus    kas
          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                           The accounting policies adopted in the
          dalam penyusunan laporan keuangan                             preparation of the consolidated financial
          konsolidasian untuk tahun yang berakhir                       statements     for   the    year   ended
          31 Desember 2024 adalah konsisten                             December 31, 2024 are consistent with
          dengan kebijakan yang diterapkan dalam                        those adopted in the preparation of the
          penyusunan        laporan     keuangan                        consolidated financial statements for the
          konsolidasian untuk tahun yang berakhir                       year ended December 31, 2023.
          31 Desember 2023.

          Mata uang yang digunakan dalam                                The currency used in the preparation and
          penyusunan     dan    penyajian  laporan                      presentation of the consolidated financial
          keuangan konsolidasian adalah mata uang                       statements is the Indonesian Rupiah
          Rupiah (Rupiah) yang juga merupakan mata                      (Rupiah) which is also the functional
          uang fungsional Perusahaan.                                   currency of the Company.




                                                     - 13 -
Page 264
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


    b.   Prinsip Konsolidasi                                     b.   Principles of Consolidation

         Laporan keuangan konsolidasian meliputi                      The consolidated financial statements
         laporan keuangan Perusahaan dan entitas-                     incorporate the financial statements of the
         entitas (termasuk entitas terstruktur) yang                  Company and entities (including structured
         dikendalikan oleh Perusahaan dan entitas                     entities) controlled by the Company and its
         anak (Grup). Pengendalian diperoleh                          subsidiaries (the Group). Control is
         apabila Grup memiliki seluruh hal berikut ini:               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                       Consolidation of a subsidiary begins when
         pada saat Grup memperoleh pengendalian                       the Group obtains control over the
         atas entitas anak dan berakhir pada saat                     subsidiary and ceases when the Group
         Grup kehilangan pengendalian atas entitas                    loses control of the subsidiary. Specifically,
         anak. Secara khusus, penghasilan dan                         income and expenses of a subsidiary
         beban entitas anak yang diakuisisi atau                      acquired or disposed of during the year are
         dilepaskan selama tahun berjalan termasuk                    included in the consolidated statement of
         dalam laporan laba rugi dan penghasilan                      profit or loss and other comprehensive
         komprehensif lain konsolidasian sejak                        income from the date the Group gains
         tanggal Grup memperoleh pengendalian                         control until the date when the Group
         sampai dengan tanggal Grup kehilangan                        ceases to control the subsidiary.
         pengendalian atas entitas anak.

         Seluruh aset dan liabilitas, ekuitas,                        All intragroup assets and liabilities, equity,
         penghasilan, beban dan arus kas dalam                        income, expenses and cash flows relating
         intra kelompok usaha terkait dengan                          to transactions between members of the
         transaksi antar entitas dalam Grup                           Group are eliminated in full on
         dieliminasi secara penuh dalam laporan                       consolidation.
         keuangan konsolidasian.

         Selisih penilaian kembali aset tetap dan                     The revaluation increment in value of
         properti investasi milik PT Sinarwisata                      property and equipment and investment
         Lestari dan PT Sinarwisata Permai, entitas-                  property of PT Sinarwisata Lestari and
         entitas anak, tidak diakui dalam laporan                     PT Sinarwisata Permai, subsidiaries, has
         keuangan konsolidasian agar konsisten                        been reversed in the consolidated financial
         dengan kebijakan akuntansi Grup yang                         statements to be consistent with the
         mencatat aset tetap dan properti investasi                   Group’s policy of carrying its property and
         dengan menggunakan metode biaya.                             equipment and investment property using
                                                                      the cost model.

         Laba rugi dan setiap komponen penghasilan                    Profit or loss and each component of other
         komprehensif lain diatribusikan kepada                       comprehensive income are attributed to the
         pemilik Perusahaan dan kepentingan                           owners of the Company and to the non-
         nonpengendali (KNP) meskipun hal tersebut                    controling interest (NCI) even if this results
         mengakibatkan KNP memiliki saldo defisit.                    in the NCI having a deficit balance.

         KNP disajikan dalam laporan laba rugi dan                    NCI are presented in the consolidated
         penghasilan        komprehensif        lain                  statement of profit or loss and other
         konsolidasian dan dalam ekuitas pada                         comprehensive income and under the
         laporan posisi keuangan konsolidasian,                       equity section of the consolidated
         terpisah    dari   bagian    yang    dapat                   statement     of     financial    position,
         diatribusikan kepada pemilik Perusahaan.                     respectively,    separately    from     the
                                                                      corresponding portion attributable to
                                                                      owners of the Company.



                                                     - 14 -
Page 265
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


         Transaksi dengan KNP yang tidak                              Transactions with NCI that do not result in
         mengakibatkan hilangnya pengendalian                         loss of control are accounted for as equity
         dicatat sebagai transaksi ekuitas. Selisih                   transactions. The difference between the
         antara nilai wajar imbalan yang dialihkan                    fair value of any consideration paid and the
         dengan bagian relatif atas nilai tercatat aset               relevant share acquired of the carrying
         bersih entitas anak yang diakuisisi dicatat di               value of net assets of the subsidiary is
         ekuitas. Keuntungan atau kerugian dari                       recorded in equity. Gains or losses on
         pelepasan kepada KNP juga dicatat di                         disposals to NCI are also recorded in
         ekuitas.                                                     equity.

    c.   Kombinasi Bisnis                                        c.   Accounting for Business Combination

         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                           control, are accounted for using the
         perolehan dari sebuah akuisisi diukur pada                   acquisition method. The cost of an
         nilai agregat imbalan yang dialihkan, diukur                 acquisition is measured as the aggregate
         pada nilai wajar pada tanggal akuisisi dan                   of the consideration transferred, measured
         jumlah setiap KNP pada pihak yang                            at acquisition date fair value and the
         diakuisisi. Untuk setiap kombinasi bisnis,                   amount of any NCI in the acquiree. For
         pihak pengakuisisi mengukur KNP pada                         each business combination, the acquirer
         entitas yang diakuisisi pada nilai wajar atau                measures the NCI in the acquiree either at
         sebesar proporsi kepemilikan KNP atas aset                   fair value or at the proportionate share of
         neto yang teridentifikasi dari entitas yang                  the acquiree’s identifiable net assets.
         diakuisisi. Biaya-biaya akuisisi yang timbul                 Acquisition related costs incurred are
         dibebankan langsung dan disajikan sebagai                    directly expensed and included in other
         beban lain-lain.                                             expenses.

         Ketika melakukan akuisisi atas sebuah                        When the Group acquires a business, it
         bisnis, Grup mengklasifikasikan dan                          assesses the financial assets acquired and
         menentukan aset keuangan yang diperoleh                      liabilities   assumed        for    appropriate
         dan liabilitas keuangan yang diambil alih                    classification     and        designation     in
         berdasarkan pada persyaratan kontraktual,                    accordance with the contractual terms,
         kondisi ekonomi dan kondisi terkait lain yang                economic circumstances and pertinent
         ada pada tanggal akuisisi. Grup memiliki                     conditions as of the acquisition date. The
         opsi untuk menerapkan ‘uji konsentrasi nilai                 Group has an option to apply a ‘fair value
         wajar’ yang memungkinkan penilaian yang                      concentration test’ that permits a simplified
         disederhanakan       apakah      serangkaian                 assessment of whether an acquired set of
         aktivitas dan aset yang diakuisisi adalah                    activities and assets is not a business. The
         bukan sebuah bisnis. Uji konsentrasi dapat                   concentration test can be applied on a
         diterapkan berdasarkan transaksi per                         transaction-by-transaction        basis.    The
         transaksi. Uji konsentrasi opsional terpenuhi                optional concentration test is met if
         jika secara substansial seluruh nilai wajar                  substantially all of the fair value of the gross
         aset bruto yang diperoleh terkonsentrasi                     assets acquired is concentrated in a single
         pada satu aset identifikasian atau kelompok                  identifiable asset or group of similar
         aset identifikasian sejenis. Jika pengujian                  identifiable assets. If the test is met, the set
         terpenuhi, rangkaian aktivitas dan aset                      of activities and assets is determined not to
         ditentukan bukan sebuah bisnis dan tidak                     be a business and no further assessment
         diperlukan penilaian lebih lanjut. Jika                      is needed. If the test is not met, or if the
         pengujian tersebut tidak terpenuhi, penilaian                Group elects not to apply the test, a
         secara rinci harus dilakukan dengan                          detailed assessment must be performed
         menerapkan persyaratan normal dalam                          applying the normal requirements in PSAK
         PSAK No. 103.                                                No. 103.




                                                     - 15 -
Page 266
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                         PT DUTA PERTIWI Tbk 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,                                      (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                          unless Otherwise Stated)


        Dalam suatu kombinasi bisnis yang                           If the business combination is achieved in
        dilakukan secara bertahap, pada tanggal                     stages, the acquisition date fair value of the
        akuisisi pihak pengakuisisi mengukur                        acquirer’s previously held equity interest in
        kembali nilai wajar kepentingan ekuitas yang                the acquiree is remeasured to fair value at
        dimiliki sebelumnya pada pihak yang                         the acquisition date through profit or loss.
        diakuisisi dan mengakui keuntungan atau
        kerugian yang dihasilkan dalam laba rugi.

        Pada tanggal akuisisi, goodwill awalnya                     At acquisition date, goodwill is initially
        diukur pada harga perolehan yang                            measured at cost being the excess of the
        merupakan selisih lebih nilai agregat dari                  aggregate of the consideration transferred
        imbalan yang dialihkan dan jumlah yang                      and the amount recognized for NCI over
        diakui untuk KNP atas aset bersih                           the net identifiable assets acquired and
        teridentifikasi yang diperoleh dan liabilitas               liabilities assumed. If this consideration is
        yang diambil alih. Jika nilai agregat tersebut              lower than the fair value of the net assets
        lebih kecil dari nilai wajar aset neto entitas              of the subsidiary acquired, the difference
        anak yang diakuisisi, selisih tersebut                      (gain on bargain purchase) is recognized in
        (keuntungan dari akuisisi saham) diakui                     profit or loss.
        dalam laba rugi.

        Setelah pengakuan awal, goodwill diukur                     After initial recognition, goodwill is
        pada jumlah tercatat dikurangi akumulasi                    measured at cost less any accumulated
        kerugian penurunan nilai. Untuk tujuan uji                  impairment losses. For the purpose of
        penurunan nilai, goodwill yang diperoleh dari               impairment testing, goodwill acquired in a
        suatu kombinasi bisnis, sejak tanggal                       business combination is, from the
        akuisisi, dialokasikan kepada setiap Unit                   acquisition date, allocated to each of the
        Penghasil Kas (“UPK”) dari Perusahaan                       Company         and/or    its   subsidiaries’
        dan/atau entitas anak yang diharapkan akan                  Cash-Generating Units (“CGU”) that are
        menerima manfaat dari sinergi kombinasi                     expected to benefit from the combination,
        tersebut, terlepas dari apakah aset atau                    irrespective of whether other assets or
        liabilitas lain dari pihak yang diakuisisi                  liabilities of the acquired are assigned to
        dialokasikan ke UPK tersebut.                               those CGUs.

        Jika goodwill telah dialokasikan pada suatu                 Where goodwill forms part of a CGU and
        UPK dan operasi tertentu atas UPK tersebut                  part of the operation within that CGU is
        dihentikan,     maka       goodwill    yang                 disposed of, the goodwill associated with
        diasosiasikan     dengan     operasi   yang                 the operation disposed of is included in the
        dihentikan tersebut termasuk dalam jumlah                   carrying amount of the operation when
        tercatat operasi tersebut ketika menentukan                 determining the gain or loss on disposal of
        keuntungan atau kerugian dari pelepasan.                    the operation. Goodwill disposed of in this
        Goodwill yang dilepaskan tersebut diukur                    circumstance is measured based on the
        berdasarkan nilai relatif operasi yang                      relative values of the operation disposed of
        dihentikan dan porsi UPK yang ditahan.                      and the portion of the CGU retained.

        Entitas Sepengendali                                        Among Entities Under Common Control

        Transaksi      kombinasi  bisnis    entitas                 Business combination transaction of
        sepengendali, berupa pengalihan bisnis                      entities under common control in form of
        yang dilakukan dalam rangka reorganisasi                    business     transfer   with    regard   to
        entitas-entitas yang berada dalam suatu                     reorganization of entities within the same
        kelompok usaha yang sama, bukan                             group of companies does not result in a
        merupakan perubahan kepemilikan dalam                       change of the economic substance of the
        arti substansi ekonomi, sehingga transaksi                  ownership, thus, the transaction is
        tersebut diakui pada jumlah tercatat                        recognized at carrying value based on
        berdasarkan        metode       penyatuan                   pooling of interest method.
        kepemilikan.




                                                    - 16 -
Page 267
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                        PT DUTA PERTIWI Tbk 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,                                     (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                         unless Otherwise Stated)


         Selisih antara jumlah imbalan yang dialihkan               Any difference between the amount of
         dan jumlah tercatat dari setiap kombinasi                  consideration transferred and the carrying
         bisnis entitas sepengendali disajikan dalam                value of each business combination of
         akun tambahan modal disetor pada bagian                    entities under common control is
         ekuitas dalam laporan posisi keuangan                      recognized as additional paid-in capital as
         konsolidasian.                                             part of equity section in the consolidated
                                                                    statement of financial position.

         Entitas yang melepas bisnis, dalam                         An entity which is disposing a business unit
         pelepasan bisnis entitas sepengendali,                     in connection with the disposal of a
         mengakui selisih antara imbalan yang                       business unit of an entity under common
         diterima dan jumlah tercatat bisnis yang                   control recognizes the difference between
         dilepas dalam akun tambahan modal disetor                  the consideration received and carrying
         pada bagian ekuitas dalam laporan posisi                   amount of the disposed business unit as
         keuangan konsolidasian.                                    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
         keuangan setiap entitas dalam Grup diukur                  of each of the Group’s companies are
         menggunakan mata uang dari lingkungan                      measured using the currency of the primary
         ekonomi utama dimana entitas beroperasi                    economic environment in which the entity
         (mata uang fungsional).                                    operates (the functional currency).

         Laporan keuangan konsolidasian disajikan                   The consolidated financial statements are
         dalam Rupiah, yang merupakan mata uang                     presented in Rupiah which is the
         fungsional Perusahaan dan mata uang                        Company’s functional and the Group’s
         penyajian Grup.                                            presentation currency.

         Transaksi dan Saldo                                        Transactions and Balances

         Transaksi dalam mata uang asing                            Foreign     currency      transactions are
         dijabarkan kedalam mata uang fungsional                    translated into the functional currency
         menggunakan kurs pada tanggal transaksi.                   using the exchange rates prevailing at the
         Keuntungan atau kerugian selisih kurs yang                 dates of the transactions. Foreign
         timbul dari penyelesaian transaksi dan dari                exchange gains and losses resulting from
         penjabaran pada kurs akhir tahun atas aset                 the settlement of such transactions and
         dan liabilitas moneter dalam mata uang                     from the translation at year end exchange
         asing diakui dalam laba rugi.                              rates of monetary assets and 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 yang digunakan Grup adalah                   exchange rates used by the Group were
         kurs tengah Bank Indonesia masing-masing                   the middle rates of Bank Indonesia of
         sebesar Rp 16.162 dan Rp 15.416 per                        Rp 16,162 and Rp 15,416, respectively, to
         US$ 1.                                                     United States (U.S.) $ 1.

    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                       party of the Group if it meets the definition
         definisi   pihak  berelasi   berdasarkan                   of a related party in PSAK No. 224 “Related
         PSAK No. 224 “Pengungkapan Pihak-pihak                     Party Disclosures”.
         Berelasi”.




                                                   - 17 -
Page 268
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                           PT DUTA PERTIWI Tbk 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,                                        (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                            unless Otherwise Stated)


         Semua transaksi signifikan dengan pihak                       All significant transactions with related
         berelasi telah diungkapkan dalam laporan                      parties are disclosed in the consolidated
         keuangan konsolidasian.                                       financial 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
                                                                       classification.

         Suatu aset disajikan lancar bila:                             An asset is current when it is:

         i)     akan direalisasi, dijual atau dikonsumsi               i)     expected to be realized or intended to
                dalam siklus operasi normal;                                  be 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                        iii)   expected to be realized within
                setelah tanggal pelaporan, atau kas                           12 months after the reporting period,
                atau setara kas, kecuali yang dibatasi                        or cash or cash equivalents unless
                penggunaannya atau akan digunakan                             restricted from being exchanged or
                untuk melunasi suatu liabilitas dalam                         used to settle a liability for at least
                paling lambat 12 bulan setelah tanggal                        12 months after the reporting period.
                pelaporan.

         Seluruh aset lain diklasifikasikan sebagai                    All other assets are classified as non-
         tidak lancar.                                                 current.

         Suatu liabilitas disajikan jangka pendek bila:                A liability is current when it is:

         i)     akan dilunasi dalam siklus operasi                     i)     expected to be settled in the normal
                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
                tanggal pelaporan; atau                                       after the reporting period; or

         iv)    tidak ada hak pada akhir periode                       iv)    there is no right at the end of the
                pelaporan     untuk    menangguhkan                           reporting period to defer the
                pelunasannya dalam paling tidak 12                            settlement of the liability for at least
                bulan setelah tanggal pelaporan.                              12 months after the reporting period.

         Seluruh liabilitas lain        diklasifikasikan               All other liabilities     are    classified   as
         sebagai jangka panjang.                                       non-current.

    g.   Kas dan Setara Kas                                       g.   Cash and Cash Equivalents

         Kas terdiri dari kas dan bank. Setara kas                     Cash consists of cash on hand and in
         adalah semua investasi yang bersifat jangka                   banks. Cash equivalents are short-term,
         pendek dan sangat likuid yang dapat segera                    highly liquid investments that are readily
         dikonversikan menjadi kas dengan jatuh                        convertible to known amounts of cash with
         tempo dalam waktu tiga (3) bulan atau                         original maturities of three (3) months or
         kurang sejak tanggal penempatannya, dan                       less from the date of placements, and
         yang tidak dijaminkan serta tidak dibatasi                    which are not used as collateral and are not
         pencairannya.                                                 restricted.




                                                      - 18 -
Page 269
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                         PT DUTA PERTIWI Tbk 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,                                      (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                          unless Otherwise Stated)


    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
         pencairannya serta deposito berjangka yang                  or are restricted and time deposits with
         jatuh temponya kurang dari tiga (3) bulan                   maturities of three (3) months or less from
         pada saat penempatan namun dijaminkan,                      the date of placement which are used as
         atau dibatasi pencairannya, dan deposito                    collateral or are restricted, and time
         berjangka yang jatuh temponya lebih dari                    deposits with maturities of more than three
         tiga (3) bulan pada saat penempatan                         (3) months from the date of placement are
         disajikan sebagai “Investasi jangka pendek”.                presented as “Short-term investments”.

    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                          measurement and impairment in value of
         keuangan.                                                   financial instruments.

         Aset Keuangan                                               Financial Assets

         Grup mengklasifikasikan aset keuangan                       The Group classifies its financial assets in
         sesuai dengan PSAK No. 109, Instrumen                       accordance with PSAK No. 109, Financial
         Keuangan, sehingga setelah pengakuan                        Instruments, that classifies financial assets
         awal aset keuangan diukur pada biaya                        as subsequently measured at amortized
         perolehan diamortisasi, nilai wajar melalui                 cost, fair value through comprehensive
         penghasilan komprehensif lain atau nilai                    income or fair value through profit or loss
         wajar   melalui    laba     rugi,   dengan                  (FVPL), on the basis of both:
         menggunakan dua dasar, yaitu:

         (a)   Model bisnis Grup dalam mengelola                     (a)   The Group’s business model for
               aset keuangan; dan                                          managing the financial assets; and

         (b)   Karakteristik arus kas kontraktual dari               (b)   The     contractual       cash     flow
               aset keuangan.                                              charateristics of the financial assets.

         Pada tanggal 31 Desember 2024 dan 2023,                     As of December 31, 2024 and 2023, the
         Grup memiliki instrumen keuangan dalam                      Group has financial instruments under
         kategori aset keuangan pada biaya                           financial assets at amortized cost category.
         perolehan diamortisasi.

         Aset Keuangan pada Biaya Perolehan                          Financial Assets at Amortized Cost
         Diamortisasi

         Aset keuangan diukur pada biaya perolehan                   A financial asset is measured at amortized
         diamortisasi jika kedua kondisi berikut                     cost if both of the following conditions are
         terpenuhi:                                                  met:

         (a)   Aset keuangan dikelola dalam model                    (a)   The financial assets are held within a
               bisnis yang bertujuan untuk memiliki                        business model whose objective is to
               aset    keuangan    dalam    rangka                         hold financial assets in order to collect
               mendapatkan arus kas kontraktual;                           contractual cash flows; and
               dan

         (b)   Persyaratan kontraktual dari aset                     (b)   The contractual terms of the financial
               keuangan menghasilkan arus kas                              assets give rise on specified dates to
               pada tanggal tertentu yang semata dari                      cash flows that are solely payments of
               pembayaran pokok dan bunga dari                             principal and interest on the principal
               jumlah pokok terutang.                                      amount outstanding.




                                                    - 19 -
Page 270
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                           PT DUTA PERTIWI Tbk 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,                                        (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                            unless Otherwise Stated)


        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 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,                   adjusted for allowance for impairment.
        dan dikurangi dengan cadangan kerugian
        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, short-
        investasi jangka pendek, piutang usaha dan                    term     investments,     trade accounts
        piutang lain-lain yang dimiliki oleh Grup.                    receivable and other accounts receivable
                                                                      are included in this category.

        Liabilitas   Keuangan       dan     Instrumen                 Financial   Liabilities       and     Equity
        Ekuitas                                                       Instruments

        Liabilitas keuangan dan instrumen ekuitas                     Financial liabilities and equity instruments
        Grup diklasifikasikan berdasarkan substansi                   of 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
        akuntansi yang diterapkan atas instrumen                      financial liability and equity instrument. The
        keuangan tersebut diungkapkan berikut ini.                    accounting policies adopted for specific
                                                                      financial instruments are set out below.

        Instrumen Ekuitas                                             Equity Instruments

        Instrumen ekuitas adalah setiap kontrak                       An equity instrument is any contract that
        yang memberikan hak residual atas aset                        evidences a residual interest in the assets
        suatu entitas setelah dikurangi dengan                        of an entity after deducting all of its
        seluruh liabilitasnya. Instrumen ekuitas                      liabilities. Equity instruments are recorded
        dicatat sejumlah hasil yang diterima setelah                  at the proceeds received, net of direct issue
        dikurangkan dengan biaya penerbitan                           costs.
        langsung.

        Liabilitas Keuangan                                           Financial Liabilities

        Liabilitas keuangan dalam lingkup PSAK                        Financial liabilities within the scope of
        No. 109 diklasifikasikan sebagai berikut:                     PSAK No. 109 are classified as follows:
        (i) liabilitas keuangan yang diukur dengan                    (i) financial liabilities at amortized cost
        biaya diamortisasi atau (ii) liabilitas                       or (ii) financial liabilities at fair value
        keuangan yang diukur dengan nilai wajar                       through profit or loss (FVPL). The Group
        melalui laba rugi. Grup menentukan                            determines the classification of its financial
        klasifikasi liabilitas keuangan pada saat                     liabilities at initial recognition.
        pengakuan awal.

        Seluruh liabilitas keuangan diakui pada                       All financial liabilities are recognized
        awalnya sebesar nilai wajar dan, dalam hal                    initially at fair value and, in the case of
        pinjaman dan utang, termasuk biaya                            loans and borrowings, inclusive of directly
        transaksi yang dapat diatribusikan secara                     attributable      transaction   costs    and
        langsung dan selanjutnya diukur pada                          subsequently measured at amortized
        biaya perolehan diamortisasi dengan                           cost using the effective interest rate
        menggunakan metode suku bunga efektif.                        method. The amortization of the effective
        Amortisasi suku bunga efektif disajikan                       interest rate is included in finance costs in
        sebagai bagian dari    beban     keuangan                     profit or loss.
        dalam laba rugi.




                                                      - 20 -
Page 271
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                        PT DUTA PERTIWI Tbk 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,                                     (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                         unless Otherwise Stated)


        Pada tanggal 31 Desember 2024 dan 2023,                    As of December 31, 2024 and 2023, the
        Grup memiliki instrumen keuangan dalam                     Group has financial instruments under
        kategori liabilitas keuangan yang diukur                   financial liabilities at amortized cost
        pada biaya perolehan diamortisasi.                         category.

        Liabilitas Keuangan yang Diukur pada Biaya                 Financial Liabilities at Amortized Cost
        Perolehan Diamortisasi

        Liabilitas keuangan pada biaya perolehan                   Financial liabilities 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 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.

        Pada tanggal 31 Desember 2024 dan 2023,                    As of December 31, 2024 and 2023, the
        kategori ini meliputi utang usaha, beban                   Group’s trade accounts payable, accrued
        akrual, setoran jaminan dan liabilitas                     expenses, security deposits and other
        lain-lain yang dimiliki oleh Grup.                         liabilities are included in this category.

        Saling Hapus Instrumen Keuangan                            Offsetting of Financial Instruments

        Aset keuangan dan liabilitas keuangan                      Financial assets and liabilities are offset
        saling hapus dan nilai bersihnya disajikan                 and the net amount reported in the
        dalam       laporan     posisi      keuangan               consolidated statement of financial position
        konsolidasian jika, dan hanya jika, Grup saat              if, and only if, there is a currently
        ini memiliki hak yang berkekuatan hukum                    enforceable right to offset the recognized
        untuk melakukan saling hapus atas jumlah                   amounts, and there is intention to settle on
        yang telah diakui tersebut; dan berniat untuk              a net basis, or to realize the asset and
        menyelesaikan secara neto atau untuk                       settle the liability simultaneously.
        merealisasikan aset dan menyelesaikan
        liabilitasnya secara simultan.

        Reklasifikasi Aset Keuangan                                Reclassification of Financial Assets

        Sesuai dengan ketentuan PSAK No. 109,                      In accordance with PSAK No. 109,
        Instrumen Keuangan, Grup mereklasifikasi                   Financial      Instruments,     the    Group
        seluruh aset keuangan dalam kategori yang                  reclassifies its financial assets when, and
        terpengaruh, jika dan hanya jika, Grup                     only when, the Group changes its business
        mengubah model bisnis untuk pengelolaan                    model for managing financial assets.
        aset keuangan tersebut. Sedangkan,                         While, any financial liabilities shall not be
        liabilitas keuangan tidak direklasifikasi.                 reclassified.

        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 ekspetasian                 accounts receivable. The expected credit
        atas      aset     keuangan      diestimasi                losses on these financial assets are
        menggunakan pendekatan tingkat kerugian                    estimated using loss rate approach based
        berdasarkan pengalaman kerugian kredit                     on the Group’s historical credit loss
        historis Grup, disesuaikan dengan kondisi                  experience, adjusted for general economic
        ekonomi umum dan penilaian baik atas                       conditions and an assessment of both the
        kondisi kini maupun perkiraan masa depan                   current as well as the forecast direction of
        pada tanggal pelaporan, termasuk nilai                     conditions at the reporting date, including
        waktu atas uang jika tepat.                                time value of money where appropriate.




                                                   - 21 -
Page 272
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                       PT DUTA PERTIWI Tbk 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,                                    (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                        unless Otherwise Stated)


        Untuk semua instrumen keuangan lainnya,                   For all other financial instruments, the
        Grup mengakui ECL sepanjang umur ketika                   Group recognizes lifetime ECL when there
        telah ada peningkatan risiko kredit yang                  has been a significant increase in credit risk
        signifikan sejak pengakuan awal. Jika                     since initial recognition. If, on the other
        sebaliknya, risiko kredit pada instrumen                  hand, the credit risk on the financial
        keuangan tidak meningkat secara signifikan                instrument has not increased significantly
        sejak pengakuan awal, Grup mengukur                       since initial recognition, the Group
        penyisihan kerugian untuk instrumen                       measures the loss allowance for that
        keuangan tersebut sejumlah ECL 12 bulan.                  financial instrument at an amount equal to
        Penilaian apakah ECL sepanjang umur                       12-month ECL. The assessment of
        harus diakui didasarkan pada peningkatan                  whether lifetime ECL should be recognized
        signifikan dalam kemungkinan terjadinya                   is based on significant increases in the
        atau pada risiko gagal bayar sejak                        likelihood or risk of a default occurring
        pengakuan awal dan bukan didasarkan bukti                 since initial recognition instead of on
        aset keuangan yang mengalami kerugian                     evidence of a financial asset being credit
        kredit pada tanggal pelaporan atau kejadian               impaired at the reporting date or an actual
        gagal bayar sebenarnya. ECL sepanjang                     default occurring. Lifetime ECL represents
        umur      merupakan      kerugian     kredit              the expected credit losses that will result
        ekspetasian yang timbul dari seluruh                      from all possible default events over the
        kemungkinan peristiwa gagal bayar selama                  expected life of a financial instrument. In
        perkiraan umur instrumen keuangan.                        contrast, 12-month ECL represents the
        Sebaliknya, ECL 12 bulan mewakili porsi                   portion of lifetime ECL that is expected to
        ECL sepanjang umur yang timbul dari                       result from default events on a financial
        peristiwa gagal bayar pada instrumen                      instrument that are possible within 12
        keuangan yang mungkin terjadi dalam 12                    months after the reporting date.
        bulan setelah tanggal pelaporan.

        Penghentian Pengakuan           Aset    dan               Derecognition of Financial Assets and
        Liabilitas Keuangan                                       Liabilities

        (1)   Aset Keuangan                                       (1)   Financial Assets

              Penghentian pengakuan atas suatu                          A financial asset, or where applicable,
              aset keuangan, atau, bila dapat                           a part of a financial asset or part of a
              diterapkan untuk bagian dari aset                         group of similar financial assets, is
              keuangan atau bagian dari kelompok                        derecognized when:
              aset keuangan serupa, terjadi apabila:

              a.   Hak kontraktual atas arus kas                        a.   The contractual rights to receive
                   yang berasal dari aset keuangan                           the cash flows from these
                   tersebut berakhir atau aset telah                         assets have ceased to exist or
                   dialihkan;                                                the    assets     have      been
                                                                             transferred;

              b.   Grup telah mengalihkan hak untuk                     b.   The Group has transferred its
                   menerima arus kas yang berasal                            rights to receive cash flows from
                   dari aset keuangan tersebut atau                          the asset or has assumed an
                   menanggung kewajiban untuk                                obligation to pay the received
                   membayar arus kas yang diterima                           cash flows in full without
                   tersebut tanpa penundaan yang                             material delay to a third party
                   signifikan terhadap pihak ketiga                          under       a      “pass-through”
                   melalui     suatu    kesepakatan                          arrangement, and either (a) the
                   penyerahan dan (a) Grup secara                            Group        has      transferred
                   substansial mengalihkan seluruh                           substantially all the risk and
                   risiko    dan     manfaat    atas                         rewards of the financial assets,
                   kepemilikan     aset   keuangan                           or (b) the Group has neither
                   tersebut, atau (b) Grup secara                            transferred      nor      retained
                   substansial tidak mengalihkan                             substantially all the risk and
                   maupun tidak mempertahankan                               rewards of the assets, but has
                   seluruh risiko dan manfaat atas                           transferred control of the asset.
                   kepemilikan     aset   keuangan
                   tersebut,       namun       telah
                   mengalihkan pengendalian atas
                   aset keuangan tersebut.


                                                  - 22 -
Page 273
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                           PT DUTA PERTIWI Tbk 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,                                        (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                            unless 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
               tersebut berakhir, dibatalkan atau telah                       contract is discharged, cancelled or
               kadaluarsa.                                                    has expired.

    j.   Pengukuran Nilai Wajar                                   j.    Fair Value Measurement

         Pengukuran nilai wajar didasarkan pada                         The fair value measurement is based on
         asumsi bahwa transaksi untuk menjual aset                      the presumption that the transaction to sell
         atau mengalihkan liabilitas akan terjadi:                      the asset or transfer the liability takes place
                                                                        either:

         •     di pasar utama untuk aset atau                           •     in the principal market for the asset or
               liabilitas tersebut atau;                                      liability or;

         •     jika tidak terdapat pasar utama, di                      •     in the absence of a principal market,
               pasar yang paling menguntungkan                                in the most advantageous market for
               untuk aset atau liabilitas tersebut.                           the asset or liability.

         Grup harus memiliki akses ke pasar utama                      The Group must have access to the principal
         atau pasar yang paling menguntungkan                          or the most advantageous market at the
         pada 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
         pelaku pasar ketika menentukan harga aset                     market participants would use when pricing
         atau liabilitas tersebut, dengan asumsi                       the asset or liability, assuming that market
         bahwa pelaku pasar bertindak dalam                            participants act in their economic best
         kepentingan ekonomi terbaiknya.                               interest.

         Pengukuran nilai wajar aset non-keuangan                      A fair value measurement of a
         memperhitungkan     kemampuan      pelaku                     non-financial asset takes into account a
         pasar    untuk   menghasilkan     manfaat                     market participant’s ability to generate
         ekonomik dengan menggunakan aset dalam                        economic benefits by using the asset in its
         penggunaan tertinggi dan terbaiknya, atau                     highest and best use or by selling it to
         dengan menjualnya kepada pelaku pasar                         another market participant that would use
         lain yang akan menggunakan aset tersebut                      the asset in its highest and best use.
         dalam penggunaan tertinggi dan terbaiknya.

         Ketika Grup menggunakan teknik penilaian,                     When the Group uses valuation techniques,
         maka Grup memaksimalkan penggunaan                            it maximizes the use of relevant observable
         input yang dapat diobservasi yang relevan                     inputs and minimizing the use of
         dan meminimalkan penggunaan input yang                        unobservable inputs.
         tidak dapat diobservasi.

         Seluruh aset dan liabilitas yang mana nilai                   All assets and liabilities for which fair value
         wajar aset atau liabilitas tersebut diukur atau               is measured or disclosed in the financial
         diungkapkan, dikategorikan dalam hirarki                      statements are categorized within the fair
         nilai wajar sebagai berikut:                                  value hierarchy as follows:

         •     Level 1 – harga kuotasian (tanpa                         •     Level 1 – Quoted (unadjusted) market
               penyesuaian) di pasar aktif untuk aset                         prices in active markets for identical
               atau liabilitas yang identik;                                  assets or liabilities;




                                                      - 23 -
Page 274
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


         •    Level 2 – teknik penilaian dimana level                  •    Level 2 – Valuation techniques for
              input   terendah      yang    signifikan                      which the lowest level input that is
              terhadap pengukuran nilai wajar dapat                         significant to   the    fair   value
              diobservasi, baik secara langsung                             measurement is directly or indirectly
              maupun tidak langsung;                                        observable;
         •    Level 3 – teknik penilaian dimana level                  •    Level 3 – Valuation techniques for
              input   terendah      yang    signifikan                      which the lowest level input that is
              terhadap pengukuran nilai wajar tidak                         significant to   the    fair   value
              dapat diobservasi.                                            measurement is unobservable.

         Untuk aset dan liabilitas yang diukur pada                   For assets and liabilities that are recognized
         nilai wajar secara berulang dalam laporan                    in the consolidated financial statements on a
         keuangan konsolidasian, maka Grup                            recurring basis, the Group determines
         menentukan apakah telah terjadi transfer di                  whether there are transfers between levels
         antara level hirarki dengan menilai kembali                  in    the   hierarchy       by    re-assessing
         pengkategorian level nilai wajar pada setiap                 categorization at the end of each reporting
         akhir periode pelaporan.                                     period.

    k.   Persediaan                                              k.    Inventories

         Persediaan Real Estat                                         Real Estate Inventories

         Persediaan real estat terdiri dari tanah dan                  Real estate inventories consist of land and
         bangunan (rumah tinggal, rumah toko (ruko)                    buildings (houses, shophouses and
         dan bangunan strata title) yang siap dijual,                  buildings with strata title) ready for sale,
         bangunan (rumah tinggal, ruko dan                             buildings (houses, shophouses and
         bangunan strata title) yang sedang                            buildings    with    strata    title) under
         dikonstruksi, dan tanah yang sedang                           construction, and land under development
         dikembangkan dinyatakan sebesar nilai                         which are stated at the lower of cost and
         yang lebih rendah antara biaya perolehan                      net realizable value.
         atau nilai realisasi bersih (the lower of cost
         and net realizable value).

         Biaya perolehan tanah yang sedang                             The cost of land under development
         dikembangkan meliputi biaya perolehan                         consists of the acquisition cost of land for
         tanah    yang      belum   dikembangkan                       development,       direct   and      indirect
         ditambah dengan biaya pengembangan                            development costs and borrowing costs.
         langsung dan tidak langsung yang                              The total costs of land under development
         dapat    diatribusikan   pada    kegiatan                     is transferred to land and buildings ready
         pengembangan real estat serta biaya                           for sale when land development is
         pinjaman. Jumlah biaya tanah yang sedang                      completed, based on the area of saleable
         dikembangkan akan dipindahkan ke tanah                        lots.
         dan bangunan yang siap dijual pada saat
         tanah tersebut selesai dikembangkan
         dengan menggunakan metode luas areal.

         Biaya pengembangan tanah, termasuk                            The cost of land development, including the
         tanah yang digunakan sebagai jalan dan                        land used for roads and amenities and
         prasarana atau area yang tidak dijual                         other non-saleable areas, is allocated
         lainnya, dialokasikan berdasarkan luas area                   based on the saleable area of the project.
         yang dapat dijual.

         Biaya perolehan bangunan yang sedang                          The cost of building units under
         dikonstruksi adalah biaya konstruksi, dan                     construction includes construction costs,
         dipindahkan ke tanah dan bangunan pada                        and is transferred to land and buildings
         saat selesai dibangun dan siap dijual                         units ready for sale when the development
         dengan menggunakan metode identifikasi                        of land and construction of buildings is
         khusus.                                                       completed. Cost is determined using the
                                                                       specific identification method.




                                                     - 24 -
Page 275
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


         Akumulasi biaya ke proyek pengembangan                       The allocation of costs to the real estate
         real estat tidak dihentikan walaupun realisasi               project continues even if the realization of
         pendapatan pada masa mendatang lebih                         future revenues is less than the carrying
         rendah dari nilai tercatat proyek. Namun,                    value of the project. However, periodic
         dilakukan cadangan secara periodik atas                      provisions are made for these differences.
         perbedaan tersebut. Jumlah cadangan                          The total provision reduces the carrying
         tersebut akan mengurangi nilai tercatat                      value of the project to its net realizable
         proyek dan dibebankan ke laba rugi tahun                     value, and is charged as an expense in the
         berjalan.                                                    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 reviewed
         kembali pada setiap akhir periode pelaporan                  at the end of every reporting period until the
         sampai proyek selesai secara substansial.                    project is substantially completed. If there
         Apabila telah terjadi perubahan mendasar                     are any substantial changes from the
         pada estimasi kini, biaya direvisi, dan                      estimates, the Group revises the estimates
         direalokasi.                                                 and reallocate 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 current
         pada saat terjadinya.                                        operations when incurred.

         Persediaan dari Hotel dan Lainnya                            Hotel and Others Inventories

         Persediaan dari hotel dan lainnya                            Hotel and other inventories are stated at
         dinyatakan sebesar nilai yang lebih rendah                   the lower of cost and net realizable value.
         antara biaya perolehan atau nilai realisasi                  Cost is determined using the weighted
         bersih (the lower of cost and net realizable                 average method. Net realizable value is the
         value). Biaya perolehan ditentukan dengan                    current replacement cost. Hotel and others
         menggunakan metode rata-rata tertimbang                      inventories that no longer have economic
         (weighted average method). Persediaan dari                   value, based on management’s evaluation,
         hotel dan lainnya yang tidak lagi memiliki                   are written-off and charged to current
         manfaat ekonomis di masa mendatang                           operations.
         dihapuskan menjadi beban tahun berjalan
         berdasarkan penelaahan manajemen atas
         nilai ekonomis persediaan tersebut.

    l.   Investasi pada Entitas Asosiasi dan                     l.   Investments in Associates and Joint
         Ventura Bersama                                              Ventures

         Hasil usaha dan aset dan liabilitas entitas                  The results and assets and liabilities of
         asosiasi atau ventura bersama dicatat                        associates    or  joint  ventures     are
         dalam laporan keuangan konsolidasian                         incorporated in these consolidated
         menggunakan metode ekuitas.                                  financial statements using the equity
                                                                      method of accounting.




                                                     - 25 -
Page 276
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                           PT DUTA PERTIWI Tbk 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,                                        (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                            unless Otherwise Stated)


         Dalam metode ekuitas, pengakuan awal                          Under the equity method, an investment in
         investasi pada entitas asosiasi atau ventura                  an associate or a joint venture is initially
         bersama diakui pada laporan posisi                            recognized in the consolidated statement
         keuangan konsolidasian sebesar biaya                          of financial position at cost and adjusted
         perolehan dan selanjutnya disesuaikan                         there after to recognize the Group’s share
         untuk mengakui bagian Grup atas laba rugi                     of the profit or loss and other
         dan penghasilan komprehensif lain dari                        comprehensive income of the associate or
         entitas asosiasi atau ventura bersama. Jika                   joint venture. When the Group’s share of
         bagian Grup atas rugi entitas asosiasi atau                   losses of an associate or a joint venture
         ventura bersama adalah sama dengan atau                       exceeds the Group’s interest in that
         melebihi kepentingannya pada entitas                          associate or joint venture, the Group
         asosiasi atau ventura bersama, maka Grup                      discontinues recognizing its share of
         menghentikan pengakuannya atas rugi lebih                     further losses. Additional losses are
         lanjut. Kerugian lebih lanjut diakui hanya jika               recognized only to the extent that the
         Grup memiliki kewajiban konstruktif atau                      Group has incurred legal or constructive
         hukum atau melakukan pembayaran atas                          obligations or made payments on behalf of
         nama entitas asosiasi atau ventura                            the associate or joint venture.
         bersama.

         Investasi pada entitas asosiasi atau ventura                  An investment in an associate or a joint
         bersama dicatat menggunakan metode                            venture is accounted for using the equity
         ekuitas sejak tanggal investasi tersebut                      method from the date on which the
         memenuhi definisi entitas asosiasi atau                       investee becomes an associate or a joint
         ventura bersama.                                              venture.

         Pada setiap tanggal pelaporan, Grup                           The Group determines at each reporting
         menentukan apakah terdapat penurunan                          date whether it is necessary to recognize
         nilai yang harus diakui atas investasi Grup                   any impairment loss with respect to the
         pada entitas asosiasi atau ventura bersama.                   Group’s investment in an associate or a
                                                                       joint venture.

         Ketika entitas dalam Grup melakukan                           When a Group entity transacts with an
         transaksi dengan entitas asosiasi atau                        associate or a joint venture of the Group,
         ventura bersama milik Grup, keuntungan                        profits and losses resulting from the
         atau kerugian yang dihasilkan dari transaksi                  transactions with the associate or joint
         tersebut diakui dalam laporan keuangan                        venture are recognized in the Group’s
         konsolidasian    Grup     hanya      sebatas                  consolidated financial statements only to
         kepentingan para pihak dalam asosiasi atau                    the extent of interests in the associate or
         ventura bersama yang tidak terkait dengan                     joint venture that are not related to the
         Grup.                                                         Group.

    m. Perlengkapan                                               m. Supplies

         Perlengkapan pengelola gedung dinyatakan                      Building maintenance supplies are stated
         sebesar mana yang lebih rendah antara                         at the lower of cost or net realizable value.
         biaya perolehan dan nilai realisasi bersih.

         Nilai realisasi bersih     merupakan      nilai               Net realizable value       is   the   current
         penggantian kini.                                             replacement cost.

    n.   Biaya Dibayar Dimuka                                     n.   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.




                                                      - 26 -
Page 277
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                       PT DUTA PERTIWI Tbk 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,                                    (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                        unless Otherwise Stated)


    o.   Tanah yang Belum Dikembangkan                        o.   Land for Development

         Tanah      yang    belum    dikembangkan                  Land for development is stated at cost or
         dinyatakan sebesar biaya perolehan atau                   net realizable value, whichever is lower.
         nilai realisasi bersih, mana yang lebih                   Net realizable value is the estimated selling
         rendah. Nilai realisasi bersih merupakan                  price in the ordinary course of business,
         estimasi harga jual dalam kegiatan usaha                  less estimated costs of completion and the
         biasa dikurangi dengan estimasi biaya                     estimated costs necessary to make the
         penyelesaian dan estimasi biaya penjualan.                sale.

         Biaya perolehan tanah yang belum                          The cost of land for development consists
         dikembangkan meliputi biaya pra-perolehan                 of pre-acquisition and acquisition costs of
         dan perolehan tanah ditambah biaya                        the land and borrowing costs, and is
         pinjaman dan dipindahkan ke tanah yang                    transferred to land under development
         sedang    dikembangkan      pada      saat                when the development of land has started.
         pematangan tanah akan dimulai.

    p.   Aset Tetap                                           p.   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,                     servicing, less accumulated depreciation
         dikurangi akumulasi penyusutan, akumulasi                 and amortization and any impairment in
         amortisasi dan akumulasi rugi penurunan                   value. Land is not depreciated and is stated
         nilai, jika ada. Tanah tidak disusutkan dan               at cost less any impairment in value, if any.
         dinyatakan berdasarkan biaya perolehan
         dikurangi akumulasi rugi penurunan nilai,
         jika ada.

         Biaya perolehan awal aset tetap meliputi                  The initial cost of property and equipment
         harga perolehan, termasuk bea impor dan                   consists of its purchase price, including
         pajak pembelian yang tidak boleh                          import duties and taxes and any directly
         dikreditkan dan biaya-biaya yang dapat                    attributable costs in bringing the property
         diatribusikan secara langsung untuk                       and equipment to its working condition and
         membawa aset ke lokasi dan kondisi yang                   location for its intended use.
         diinginkan    sesuai   dengan     tujuan
         penggunaan yang ditetapkan.

         Beban-beban yang timbul setelah aset tetap                Expenditures incurred after the property
         digunakan, seperti beban perbaikan dan                    and equipment have been put into
         pemeliharaan, dibebankan ke laba rugi pada                operations,    such     as    repairs  and
         saat terjadinya. Apabila beban-beban                      maintenance costs, are normally charged
         tersebut menimbulkan peningkatan manfaat                  to operations in the year such costs are
         ekonomis di masa datang dari penggunaan                   incurred. In situations where it can be
         aset tetap tersebut yang dapat melebihi                   clearly demonstrated that the expenditures
         kinerja normalnya, maka beban-beban                       have resulted in an increase in the future
         tersebut dikapitalisasi sebagai tambahan                  economic benefits expected to be obtained
         biaya perolehan aset tetap.                               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.




                                                  - 27 -
Page 278
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


        Penyusutan dan amortisasi dihitung                           Depreciation  and     amortization     are
        berdasarkan metode garis lurus (straight-                    computed on a straight-line basis over the
        line method) selama masa manfaat aset                        property and equipment’s useful lives or
        tetap atau periode sewa untuk perbaikan                      term of the lease for leasehold
        aset yang disewa, mana yang lebih singkat,                   improvements, whichever is shorter, as
        sebagai berikut:                                             follows:

                                                     Tahun/Years

        Bangunan                                         20 – 30        Buildings
        Sarana pelengkap bangunan                           5           Building improvements
        Perbaikan aset yang disewa                          5           Leasehold improvements
        Mesin-mesin                                         8           Machinery
        Inventaris                                        4–8           Furniture and fixtures
        Kendaraan                                           5           Transportation equipment

        Nilai tercatat aset tetap ditelaah kembali dan               The carrying values of property and
        dilakukan penurunan nilai apabila terdapat                   equipment are reviewed for impairment
        peristiwa atau perubahan kondisi tertentu                    when events or changes in circumstances
        yang mengindikasikan nilai tercatat tersebut                 indicate that the carrying values may not be
        tidak dapat dipulihkan sepenuhnya.                           recoverable.

        Dalam setiap inspeksi yang signifikan, biaya                 When each major inspection is performed,
        inspeksi diakui dalam jumlah tercatat aset                   its cost is recognized in the carrying
        tetap sebagai suatu penggantian apabila                      amount of the item of property and
        memenuhi kriteria pengakuan. Biaya                           equipment as a replacement if the
        inspeksi signifikan yang dikapitalisasi                      recognition criteria are satisfied. Such
        tersebut diamortisasi selama periode                         major inspection is capitalized and
        sampai dengan saat inspeksi signifikan                       amortized over the next major inspection
        berikutnya.                                                  activity.

        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 loss
        pelepasannya. Keuntungan atau kerugian                       arising from de-recognition of property and
        yang timbul dari penghentian pengakuan                       equipment is included in profit or loss in the
        aset tetap diakui dalam laba rugi pada tahun                 period the item is derecognized.
        terjadinya penghentian pengakuan.

        Nilai residu, jika ada, umur manfaat, serta                  The asset’s residual values, if any, useful
        metode penyusutan dan amortisasi ditelaah                    lives and depreciation and amortization
        setiap    akhir    tahun   dan   dilakukan                   method are reviewed and adjusted if
        penyesuaian apabila hasil telaah berbeda                     appropriate, at each financial year end.
        dengan estimasi sebelumnya.

        Aset Tetap Dalam Pembangunan                                 Construction in Progress

        Aset tetap dalam pembangunan merupakan                       Construction in progress represents
        aset tetap dalam tahap konstruksi, yang                      property and equipment under construction
        dinyatakan pada biaya perolehan dan tidak                    which is stated at cost and is not
        disusutkan.     Akumulasi   biaya    akan                    depreciated. The accumulated costs are
        direklasifikasi ke akun aset tetap yang                      reclassified to the respective property and
        bersangkutan dan akan disusutkan pada                        equipment account and are depreciated
        saat konstruksi selesai secara substansial                   when the construction is substantially
        dan aset tersebut siap digunakan sesuai                      complete and the asset is ready for its
        tujuannya.                                                   intended use.




                                                    - 28 -
Page 279
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                        PT DUTA PERTIWI Tbk 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,                                     (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                         unless Otherwise Stated)


    q.   Properti Investasi                                    q.   Investment Properties

         Pemilikan Langsung                                         Direct Acquisition

         Properti    investasi   terdiri  dari   aset               Investment properties consisting of directly
         kepemilikan langsung dan aset tetap dalam                  acquired properties and properties under
         rangka bangun, kelola dan alih, kecuali                    Build, Operate and Transfer (BOT)
         tanah, diukur sebesar biaya perolehan,                     agreements, except land, are measured at
         termasuk biaya transaksi, setelah dikurangi                cost, including transaction costs, less
         dengan akumulasi penyusutan dan kerugian                   accumulated       depreciation and any
         penurunan nilai, jika ada. Tanah tidak                     impairment loss. Land is not depreciated
         disusutkan dan dinyatakan berdasarkan                      and is stated at cost less any impairment in
         biaya perolehan dikurangi rugi penurunan                   value. The carrying amount includes the
         nilai. Jumlah tercatat termasuk biaya                      cost of replacing part of an existing
         penggantian untuk bagian tertentu dari                     investment property at the time that cost is
         properti investasi yang telah ada pada saat                incurred if the recognition criteria are met;
         beban terjadi, jika kriteria pengakuan                     and excludes the costs of day to day
         terpenuhi, dan tidak termasuk biaya                        servicing of an investment property.
         perawatan sehari-hari properti investasi.

         Aset tetap dalam rangka bangun, kelola dan                 Properties under BOT agreements are
         alih adalah aset yang pembangunannya                       assets the development of which were
         didanai oleh Grup sampai dengan siap                       funded by the Group then managed by the
         dioperasikan, yang kemudian dikelola oleh                  Group until such time the asset is
         Grup dan selanjutnya diserahkan kepada                     transferred to asset holders at the end of
         pemilik aset pada saat berakhirnya                         concession period.
         perjanjian bangun, kelola dan alih.

         Properti investasi disusutkan dengan                       Investment properties are depreciated
         metode garis lurus (straight-line method)                  using the straight-line method based on
         selama estimasi masa manfaatnya yakni                      estimated useful lives of five (5) to thirty
         lima (5) sampai dengan tiga puluh (30)                     (30) years, except properties under BOT
         tahun, kecuali aset tetap dalam rangka                     agreement which are depreciated over the
         bangun, kelola dan alih yang disusutkan                    period of BOT agreements ranging from
         dengan jangka waktu antara dua puluh (20)                  twenty (20) to thirty (30) years.
         sampai dengan tiga puluh (30) tahun.

         Properti investasi dihentikan pengakuannya                 Investment properties, except properties
         (dikeluarkan dari laporan posisi keuangan                  under BOT agreements, are derecognized
         konsolidasian) pada saat pelepasan atau                    when either they have been disposed of or
         ketika properti investasi tersebut tidak                   when the investment properties are
         digunakan lagi secara permanen dan tidak                   permanently withdrawn from use and no
         memiliki manfaat ekonomis di masa depan                    future economic benefit is expected from its
         yang dapat diharapkan pada saat                            disposal. Any gains or losses on the
         pelepasannya. Keuntungan atau kerugian                     retirement or disposal of an investment
         yang timbul dari penghentian atau                          property are recognized in profit or loss in
         pelepasan properti investasi diakui dalam                  the year of retirement or disposal.
         laba    rugi    dalam     tahun   terjadinya               Properties under BOT agreements are
         penghentian atau pelepasan tersebut. Aset                  derecognized upon transfer to asset
         tetap dalam rangka bangun, kelola dan alih                 holders at the end of BOT agreement
         dihentikan pengakuannya pada saat                          period by reversing all accounts related to
         penyerahan kepada pemilik aset pada saat                   the assets.
         berakhirnya perjanjian dengan menghapus
         seluruh akun yang timbul berkaitan dengan
         aset yang bersangkutan.




                                                   - 29 -
Page 280
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


         Transfer ke properti investasi dilakukan jika,               Transfers are made to investment
         dan hanya jika, terdapat perubahan                           properties when, and only when, there is a
         penggunaan, yang ditunjukkan dengan                          change in use, evidenced by ending of
         berakhirnya pemakaian oleh pemilik, dan                      owner-occupation, and commencement of
         dimulainya sewa operasi ke pihak lain.                       an operating lease to another party.
         Transfer dari properti investasi dilakukan                   Transfers are made from investment
         jika, dan hanya jika, terdapat perubahan                     properties when, and only when, there is a
         penggunaan, yang ditunjukkan dengan                          change      in   use,    evidenced      by
         dimulainya penggunaan oleh pemilik atau                      commencement of owner-occupation or
         dimulainya pengembangan untuk dijual.                        commencement of development with a
                                                                      view to sale.

         Nilai residu, jika ada, umur manfaat, serta                  The asset’s residual values, if any, useful
         metode penyusutan dan amortisasi ditelaah                    lives and depreciation and amortization
         setiap    akhir    tahun   dan   dilakukan                   method are reviewed and adjusted if
         penyesuaian apabila hasil telaah berbeda                     appropriate, at each financial year end.
         dengan estimasi sebelumnya.

         Properti Investasi Dalam Pembangunan                         Construction in Progress

         Properti investasi dalam pembangunan                         Construction in progress represents
         merupakan properti investasi dalam tahap                     investment properties under construction
         konstruksi, yang dinyatakan pada biaya                       which is stated at cost and is 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
         disusutkan pada saat konstruksi selesai                      when the construction is substantially
         secara substansial dan aset tersebut telah                   complete and the asset is ready for its
         siap untuk digunakan sesuai tujuannya.                       intended use.

    r.   Transaksi Sewa                                          r.   Lease Transactions

         Sebagai penyewa                                              As lessee

         Pada tanggal permulaan kontrak, Grup                         At the inception of a contract, the Group
         menilai apakah kontrak merupakan,                            assesses whether the contract is, or
         atau mengandung, sewa. Suatu kontrak                         contains, a lease. A contract is or contains
         merupakan atau mengandung sewa jika                          a lease if the contract conveys the right to
         kontrak      tersebut  memberikan   hak                      control the use of an identified assets for a
         untuk mengendalikan penggunaan aset                          period of time in exchange for
         identifikasian selama suatu jangka waktu                     consideration.
         untuk dipertukarkan dengan imbalan.

         Untuk menilai apakah kontrak memberikan                      To assess whether a contract conveys the
         hak untuk mengendalikan penggunaan aset                      right to control the use of an identified
         identifikasian, Grup harus menilai apakah:                   asset, the Group shall assesses whether:

         -   Grup memiliki hak untuk mendapatkan                      -   The Group has the right to obtain
             secara substansial seluruh manfaat                           substantially all the economic benefits
             ekonomi      dari   penggunaan aset                          from use of the asset throughout the
             identifikasian; dan                                          period of use; and

         -   Grup memiliki hak untuk mengarahkan                      -   The Group has the right to direct the
             penggunaan aset identifikasian. Grup                         use of the asset. The Group has this
             memiliki hak ini ketika Grup memiliki                        right when it has the decision-making
             hak untuk pengambilan keputusan yang                         rights that are the most relevant to
             relevan tentang bagaimana dan untuk                          changing how and for what purpose
             tujuan apa aset digunakan telah                              the asset is used are predetermined:
             ditentukan sebelumnya dan:




                                                     - 30 -
Page 281
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                     PT DUTA PERTIWI Tbk 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,                                  (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                      unless Otherwise Stated)


             1.   Grup   memiliki    hak    untuk                    1.   The Group has the right to
                  mengoperasikan aset;                                    operate the asset;

             2.   Grup telah mendesain aset dengan                   2.   The Group has designed the
                  cara menetapkan sebelumnya                              asset in a way that predetermined
                  bagaimana dan untuk tujuan apa                          how and for what purpose it will be
                  aset akan digunakan selama                              used.
                  periode penggunaan.

         Pada tanggal awal dimulainya kontrak atau              At the inception or on reassessment of a
         pada tanggal penilaian kembali atas                    contract that contains a lease component,
         kontrak     yang     mengandung    sebuah              the Group allocates the consideration in the
         komponen sewa, Grup mengalokasikan                     contract to each lease component on the
         imbalan dalam kontrak ke masing-masing                 basis of their relative stand-alone prices
         komponen sewa berdasarkan harga                        and the aggregate stand-alone price of the
         tersendiri relatif dari komponen sewa dan              non-lease components.
         harga tersendiri agregat dari komponen
         nonsewa.

         Pada tanggal permulaan sewa, Grup                      The Group recognizes a right-of-use asset
         mengakui aset hak-guna dan liabilitas                  and a        lease liability at the    lease
         sewa. Aset hak-guna diukur pada biaya                  commencement date. The right-of-use
         perolehan,   dimana    meliputi   jumlah               assets are initially measured at cost, which
         pengukuran awal liabilitas sewa yang                   comprises the initial amount of the lease
         disesuaikan dengan pembayaran sewa                     liability adjusted for any lease payment
         yang dilakukan pada atau sebelum tanggal               made at or before the commencement
         permulaan.                                             date.

         Aset hak-guna kemudian disusutkan                      The right-of-use assets are subsequently
         menggunakan metode garis lurus dari                    depreciated using the straight-line method
         tanggal permulaan hingga tanggal yang                  from the commencement date to the earlier
         lebih awal antara akhir umur manfaat aset              of the end of the useful life of the right-of-
         hak-guna atau akhir masa sewa.                         use assets or the end of the lease term.

         Liabilitas sewa diukur pada nilai kini                 The lease liability is initially measured at
         pembayaran sewa yang belum dibayar                     the present value of the lease payments
         pada tanggal permulaan, didiskontokan                  that are not paid at the commencement
         dengan menggunakan suku bunga implisit                 date, discounted using the interest rate
         dalam sewa atau jika suku bunga tersebut               implicit in the lease or, if that rate cannot be
         tidak      dapat    ditentukan,     maka               readily determined, using incremental
         menggunakan suku bunga pinjaman                        borrowing rate. Generally, the Group uses
         inkremental. Pada umumnya, Grup                        its incremental borrowing rate as the
         menggunakan      suku     bunga pinjaman               discount rate.
         inkremental    sebagai    tingkat  bunga
         diskonto.

         Pembayaran sewa yang termasuk dalam                    Lease payments included in the
         pengukuran liabilitas   sewa meliputi                  measurement of the lease liability comprise
         pembayaran berikut ini:                                the following:

         -   pembayaran         tetap,  termasuk                 -    fixed    payments,   including   in-
             pembayaran tetap secara substansi;                       substance fixed payments;
         -   pembayaran sewa variabel yang                       -    variable lease payments that depend
             bergantung pada indeks atau suku                         on an index or a rate, initially
             bunga yang pada awalnya diukur                           measured using the index or rate as
             dengan menggunakan indeks atau                           at the commencement date;
             suku bunga pada tanggal permulaan;
         -   jumlah yang diperkirakan akan                       -    amount expected to be payable under
             dibayarkan oleh penyewa dengan                           a residual value guarantee;
             jaminan nilai residual;




                                                - 31 -
Page 282
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                     PT DUTA PERTIWI Tbk 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,                                  (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                      unless Otherwise Stated)


         -   harga eksekusi opsi beli jika Grup                  -   the exercise price under a purchase
             cukup pasti untuk mengeksekusi opsi                     option that the Group is reasonably
             tersebut; dan                                           certain to exercise; and
         -   penalti karena penghentian awal sewa                -   penalties for early termination of a
             kecuali jika Grup cukup pasti untuk                     lease unless the Group is reasonably
             tidak menghentikan lebih awal.                          certain not to terminate early.

         Pembayaran sewa dialokasikan menjadi                   Each lease payment is allocated between
         bagian pokok dan biaya keuangan. Biaya                 the liability and finance cost. The finance
         keuangan dibebankan pada laba rugi                     cost is charged to profit or loss over the
         selama      periode   sewa      sehingga               lease period so as to produce a constant
         menghasilkan tingkat suku bunga periodik               periodic rate of interest on the remaining
         yang konstan atas saldo liabilitas untuk               balance of the liability for each period.
         setiap periode.

         Jika sewa mengalihkan kepemilikan aset                 If the lease transfers ownership of the
         pendasar kepada Grup pada akhir masa                   underlying asset to the Group by the end of
         sewa atau jika biaya perolehan aset                    the lease term or if the cost of the right-of-
         hak-guna merefleksikan Grup akan                       use assets reflects that the Group will
         mengeksekusi opsi beli, maka Grup                      exercise a purchase option, the Group
         menyusutkan aset hak-guna dari tanggal                 depreciates the right-of-use assets from
         permulaan hingga akhir umur manfaat aset               the commencement date to the end of the
         pendasar. Jika tidak, maka Grup                        useful life of the underlying asset.
         menyusutkan aset hak-guna dari tanggal                 Otherwise, the Group depreciates the right-
         permulaan hingga tanggal yang lebih awal               of-use assets from the commencement
         antara akhir umur manfaat aset hak-guna                date to the earlier of the end of the useful
         atau akhir masa sewa.                                  life of the right-of-use assets or the end of
                                                                the lease term.

         Sewa jangka-pendek                                     Short-term leases

         Grup memutuskan untuk tidak mengakui                   The Group has elected not to recognize
         aset hak-guna dan liabilitas sewa untuk                right-of-use assets and lease liabilities for
         sewa jangka- pendek yang memiliki masa                 short- term leases that have a lease term of
         sewa 12 bulan atau kurang. Grup mengakui               12 months or less. The Group recognizes
         pembayaran sewa atas sewa tersebut                     the lease payments associated with these
         sebagai beban dengan dasar garis lurus                 leases as an expense on a straight-line
         selama masa sewa.                                      basis over the lease term.

         Modifikasi sewa                                        Lease modification

         Grup mencatat modifikasi sewa sebagai                  The Group accounts for a lease
         sewa terpisah jika:                                    modification as a separate lease if both:

         -   modifikasi meningkatkan ruang lingkup               -   the modification increases the scope
             sewa dengan menambahkan hak                             of the lease by adding the right to use
             untuk   menggunakan       satu   aset                   one or more underlying assets; and
             pendasar atau lebih; dan

         -   imbalan sewa meningkat sebesar                      -   the consideration for the lease
             jumlah yang setara dengan harga                         increases      by     an     amount
             tersendiri untuk peningkatan dalam                      commensurate with the stand-alone
             ruang lingkup dan penyesuaian yang                      price for the increase in scope and
             tepat pada harga tersendiri tersebut                    any appropriate adjustments to that
             untuk merefleksikan kondisi kontrak                     stand-alone price to reflect the
             tertentu.                                               circumstances of the particular
                                                                     contract.




                                                - 32 -
Page 283
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                       PT DUTA PERTIWI Tbk 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,                                    (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                        unless Otherwise Stated)


         Untuk modifikasi sewa yang tidak dicatat                 For a lease modification that is not
         sebagai sewa terpisah, pada tanggal efektif              accounted for a separate lease, at the
         modifikasi sewa, Grup:                                   effective date of the lease modification, the
                                                                  Group:

         -   mengukur       kembali            dan                 -   remeasures and           allocates the
             mengalokasikan  imbalan        kontrak                    consideration in         the    modified
             modifikasian;                                             contract;

         -   menentukan masa sewa dari sewa                        -   determine the lease term of the
             modifikasian;                                             modified lease;

         -   mengukur kembali liabilitas sewa                      -   remeasures the lease liability by
             dengan mendiskontokan pembayaran                          discounting the revised lease
             sewa revisi menggunakan tingkat                           payments using a revised discount
             diskonto revisi berdasarkan sisa umur                     rate on the basis of the remaining
             sewa dan sisa pembayaran sewa                             lease term and the remaining lease
             dengan     melakukan      penyesuaian                     payment with a corresponding
             terhadap aset hak-guna. Tingkat                           adjustment to the right-of-use assets.
             diskonto revisi ditentukan sebagai                        The revised discount rate is
             suku bunga pinjaman inkremental                           determined      as     the      Group’s
             Grup pada tanggal efektif modifikasi;                     incremental borrowing rate at the
                                                                       effective date of modification;

         -   menurunkan jumlah tercatat aset                       -   decreases the carrying amount of the
             hak-guna      untuk    merefleksikan                      right-of-use asset to reflect the partial
             penghentian       sebagian      atau                      or full termination of the lease for
             sepenuhnya sewa untuk modifikasi                          lease modifications that decrease the
             sewa yang menurunkan ruang lingkup                        scope of the lease. The Group
             sewa. Grup mengakui dalam laba rugi                       recognize in profit or loss any gain or
             setiap laba rugi yang terkait dengan                      loss relating to the partial or full
             penghentian       sebagian      atau                      termination of the lease; and
             sepenuhnya sewa tersebut; dan

         -   membuat penyesuaian terkait dengan                    -   makes a corresponding adjustment to
             aset hak-guna untuk seluruh modifikasi                    the right-of-use assets for all other
             sewa lainnya.                                             lease modifications.

         Sebagai pesewa                                           As lessor

         Ketika Grup bertindak sebagai pesewa,                    When the Group acts as a lessor, it shall
         Grup    mengklasifikasi masing-masing                    classify each of its leases as either an
         sewanya baik sewa operasi atau sewa                      operating lease or a financial lease.
         pembiayaan.

         Untuk mengklasifikasi masing-masing                      To classify each lease, the Group makes
         sewa, Grup membuat penilaian secara                      an overall assessment of whether the lease
         keseluruhan       atas    apakah    sewa                 transfers substantially all of the risks and
         mengalihkan secara substansial seluruh                   rewards incidental to ownership of the
         risiko dan manfaat yang terkait dengan                   underlying asset. If this is the case, then the
         kepemilikan aset pendasar. Jika penilaian                lease is classified as a finance lease; if not,
         membuktikan hal tersebut, maka sewa                      then it is an operating lease. As part of this
         diklasifikasikan sebagai sewa pembiayaan;                assessment, the Group consider certain
         jika tidak maka, merupakan sewa operasi.                 indicators such as whether the lease term
         Sebagai bagian dari penilaian ini, Grup                  is for the major part of the economic life of
         mempertimbangkan beberapa indikator                      the asset.
         seperti apakah masa sewa adalah
         sebagian besar dari umur ekonomik aset
         pendasar.




                                                  - 33 -
Page 284
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


    s.   Goodwill                                                s.   Goodwill

         Goodwill merupakan selisih lebih biaya                       Goodwill represents the excess of the cost
         perolehan akuisisi atas nilai wajar                          of an acquisition over the fair value of the
         kepemilikan Grup pada aset teridentifikasi                   Group’s share of the net identifiable assets
         milik entitas anak yang diakuisisi pada                      of the acquired subsidiary at the date of
         tanggal akuisisi. Goodwill diuji penurunan                   acquisition. Goodwill is tested annually for
         nilainya setiap tahun dan dicatat sebesar                    impairment and carried at cost less
         biaya     perolehan      dikurangi  dengan                   accumulated         impairment        losses.
         akumulasi penurunan nilai. Penurunan nilai                   Impairment losses on goodwill are not
         goodwill tidak dapat dipulihkan. Keuntungan                  reversed. Gains and losses on the disposal
         atau kerugian yang diakui pada saat                          of an entity include the carrying amount of
         pelepasan        entitas      anak     harus                 goodwill relating to the entity sold.
         memperhitungkan nilai tercatat goodwill dari
         entitas anak yang dijual tersebut.

         Goodwill dialokasikan ke UPK untuk tujuan                    Goodwill is allocated to CGU for the
         uji penurunan nilai. Alokasi dilakukan ke                    purpose of impairment testing. The
         UPK atau kelompok UPK yang diharapkan                        allocation is made to those CGU or groups
         akan mendapat manfaat dari kombinasi                         of CGU that are expected to benefit from
         bisnis yang menimbulkan goodwill tersebut.                   the business combination in which the
                                                                      goodwill arose.

    t.   Distribusi Dividen                                      t.   Dividend Distribution

         Distribusi dividen kepada pemegang saham                     Dividend distribution to the Group’s
         Grup diakui sebagai liabilitas dalam laporan                 stockholders is recognized as a liability in
         keuangan konsolidasian dalam periode saat                    the consolidated financial statements in the
         dividen tersebut disetujui oleh pemegang                     period in which the dividends are approved
         saham Grup.                                                  by the Group’s stockholders.

    u.   Penurunan Nilai Aset Non-Keuangan                       u.   Impairment of Non-Financial Assets

         Pada setiap akhir periode pelaporan                          The Group assesses at each annual
         tahunan, Grup menelaah apakah terdapat                       reporting period whether there is an
         indikasi suatu aset mengalami penurunan                      indication that an asset may be impaired. If
         nilai. Jika terdapat indikasi tersebut atau                  any such indication exists, or when annual
         pada saat uji tahunan penurunan nilai aset                   impairment testing for an asset is required,
         perlu dilakukan, maka Grup membuat                           the Group makes an estimate of the asset’s
         estimasi jumlah terpulihkan aset tersebut.                   recoverable amount.

         Jika nilai tercatat aset lebih besar daripada                Where the carrying amount of an asset
         nilai terpulihkannya, maka aset tersebut                     exceeds its recoverable amount, the asset
         dinyatakan mengalami penurunan nilai                         is considered impaired and impairment
         dan rugi penurunan nilai diakui dalam laba                   losses are recognized in profit or loss. In
         rugi. Dalam menghitung nilai pakai, estimasi                 assessing the value in use, the estimated
         arus kas masa depan bersih didiskontokan                     net future cash flows are discounted to their
         ke nilai kini dengan menggunakan tingkat                     present value using a pre-tax discount rate
         diskonto sebelum pajak yang mencerminkan                     that reflects current market assessments of
         penilaian pasar kini dari nilai waktu uang dan               the time value of money and the risks
         risiko spesifik atas aset.                                   specific to the asset.




                                                     - 34 -
Page 285
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


         Penelaahan dilakukan pada akhir setiap                       An assessment is made at each reporting
         periode pelaporan untuk mengetahui                           period as to whether there is any indication
         apakah terdapat indikasi bahwa rugi                          that previously recognized impairment
         penurunan nilai aset yang telah diakui dalam                 losses recognized for an asset may no
         periode sebelumnya mungkin tidak ada lagi                    longer exist or may have decreased. If such
         atau mungkin telah menurun. Jika indikasi                    indication exists, the recoverable amount is
         dimaksud       ditemukan,        maka     Grup               estimated. A previously recognized
         mengestimasi jumlah terpulihkan aset                         impairment loss for an asset is reversed in
         tersebut. Kerugian penurunan nilai yang                      profit or loss to the extent that the carrying
         diakui dalam periode sebelumnya akan                         amount of the assets does not exceed its
         dipulihkan apabila nilai tercatat aset tidak                 recoverable amount nor exceed the
         melebihi jumlah terpulihkannya maupun nilai                  carrying amount that would have been
         tercatat,   neto      setelah      penyusutan,               determined, net of depreciation, had no
         seandainya tidak ada rugi penurunan nilai                    impairment loss been recognized for the
         yang telah diakui untuk aset tersebut                        asset in prior periods. After such a reversal,
         pada periode-periode sebelumnya. Setelah                     the depreciation charge on the said asset
         pemulihan tersebut, penyusutan aset                          is adjusted in future periods to allocate the
         tersebut disesuaikan di periode mendatang                    asset’s revised carrying amount, less any
         untuk mengalokasikan nilai tercatat aset                     residual value, on a systematic basis over
         yang direvisi, dikurangi nilai sisanya, dengan               its remaining useful life.
         dasar yang sistematis selama sisa umur
         manfaatnya.

    v.   Pengakuan Pendapatan dan Beban                          v.   Revenue and Expense Recognition

         Pengakuan Pendapatan                                         Revenue Recognition

         Pendapatan dari kontrak dengan pelanggan                     Revenue from contracts with customers

         Grup menerapkan PSAK No. 115 yang                            The Group has applied PSAK No. 115,
         mensyaratkan pengakuan pendapatan                            which requires revenue recognition to fulfill
         harus memenuhi 5 langkah analisa sebagai                     5 steps of assessment:
         berikut:

         1. Identifikasi kontrak dengan pelanggan.                    1. Identify contract(s) with a customer.

         2. Identifikasi kewajiban pelaksanaan                        2. Identify the performance obligations in
            dalam kontrak. Kewajiban pelaksanaan                         the contract. Performance obligations
            merupakan janji-janji dalam kontrak                          are promises in a contract to transfer
            untuk menyerahkan barang atau jasa                           to a customer goods or services that
            yang memiliki karakteristik berbeda ke                       are distinct.
            pelanggan.

         3. Penetapan harga transaksi. Harga                          3. Determine the transaction price.
            transaksi merupakan jumlah imbalan                           Transaction price is the amount of
            yang      berhak     diperoleh   suatu                       consideration to which an entity
            entitas sebagai kompensasi atas                              expects to be entitled in exchange for
            diserahkannya barang atau jasa yang                          transferring promised goods or
            dijanjikan ke pelanggan. Jika imbalan                        services to a customer. If the
            yang dijanjikan di kontrak mengandung                        consideration promised in a contract
            suatu jumlah yang bersifat variable,                         includes a variable amount, the Group
            maka Grup membuat estimasi jumlah                            estimates the amount of consideration
            imbalan tersebut sebesar jumlah yang                         to which it expects to be entitled in
            diharapkan berhak diterima atas                              exchange for transferring the promised
            diserahkannya barang atau jasa yang                          goods or services to a customer less
            dijanjikan ke pelanggan dikurangi                            the estimated amount of service level
            dengan estimasi jumlah jaminan kinerja                       guarantee which will be paid during the
            jasa yang akan dibayarkan selama                             contract period.
            periode kontrak.




                                                     - 35 -
Page 286
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


        4. Alokasi harga transaksi ke setiap                          4. Allocate the transaction price to each
           kewajiban       pelaksanaan      dengan                       performance obligation on the basis of
           menggunakan dasar harga jual berdiri                          the relative stand-alone selling prices
           sendiri relatif dari setiap barang atau                       of each distinct goods or services
           jasa berbeda yang dijanjikan di kontrak.                      promised in the contract. Where this
           Ketika tidak dapat diamati secara                             are not directly observable, the relative
           langsung, harga jual berdiri sendiri relatif                  stand-alone selling price are estimated
           diperkirakan berdasarkan biaya yang                           based on expected cost plus margin.
           diharapkan ditambah marjin.

        5. Pengakuan       pendapatan       Ketika                    5. Recognize         revenue        when
           kewajiban pelaksanaan telah dipenuhi                          performance obligation is satisfied by
           dengan menyerahkan barang atau jasa                           transferring a promised goods or
           yang dijanjikan ke pelanggan (ketika                          services to a customer (which is when
           pelanggan telah memiliki pengendalian                         the customer obtains control of that
           atas barang atau jasa tersebut).                              goods or services).

        Kewajiban pelaksanaan dapat dipenuhi                         A performance obligation may be satisfied
        dengan 2 cara, yakni:                                        at the following:

        1.    Suatu titik waktu (umumnya janji untuk                 1.    A point in time (typically for promises
              menyerahkan barang ke pelanggan);                            to transfer goods to a customer); or
              atau

        2.    Suatu periode waktu (umumnya janji                     2.    Over time (typically for promises to
              untuk     menyerahkan     jasa    ke                         transfer services to a customer). For
              pelanggan).      Untuk     kewajiban                         a performance obligation satisfied
              pelaksanaan yang dipenuhi dalam                              over time, the Group selects an
              suatu periode waktu, Grup memilih                            appropriate measure of progress to
              ukuran penyelesaian yang sesuai                              determine the amount of revenue that
              untuk penentuan jumlah pendapatan                            should be recognized as the
              yang harus diakui karena telah                               performance obligation is satisfied.
              terpenuhi kewajiban pelaksanaan.

        Pembayaran harga transaksi berbeda untuk                     Payment of the transaction price is different
        setiap kontrak. Aset kontrak diakui ketika                   for each contract. A contract asset is
        jumlah penerimaan dari pelanggan kurang                      recognized once the consideration paid by
        dari saldo kewajiban pelaksanaan yang                        customer is less than the balance of
        telah dipenuhi. Kewajiban kontrak diakui                     performance obligation which has been
        ketika jumlah penerimaan dari pelanggan                      satisfied. A contract liability is recognized
        lebih dari saldo kewajiban pelaksanaan yang                  once the consideration paid by customer is
        telah dipenuhi. Liabilitas kontrak disajikan                 more than the balance of performance
        sebagai "Liabilitas kontrak” pada laporan                    obligation which has been satisfied.
        posisi keuangan 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 a single
        pelaksanaan tunggal yang dipenuhi pada                       performance obligations which satisfied at
        suatu titik waktu:                                           a point in time:

        •    Pendapatan dari penjualan persediaan                    •    Revenues from sale of real estate
             real estat diakui pada saat pengendalian                     inventories are recognized when the
             atas persediaan real estat telah dialihkan                   control over the real estate inventories
             kepada pelanggan.                                            has been transferred to customers.

        •    Pendapatan jasa pelayanan diakui pada                   •    Service revenues are recognized when
             saat jasa diberikan.                                         services are rendered.



                                                     - 36 -
Page 287
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                      PT DUTA PERTIWI Tbk 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,                                   (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                       unless Otherwise Stated)


        •   Pendapatan     kamar    hotel  diakui                •   Hotel room revenues are based on
            berdasarkan tingkat hunian sementara                     actual room occupancy, while other
            pendapatan hotel lainnya diakui pada                     hotel revenues are recognized when
            saat barang atau jasa telah diberikan                    goods are delivered or when services
            kepada pelanggan.                                        are rendered to hotel guests.

        •   Pendapatan dari iuran keanggotaan klub               •   Club    membership     revenue  is
            diakui   sesuai     dengan     periode                   recognized based on the membership
            keanggotaan.                                             period.

        Pendapatan Sewa                                          Rental Revenues

        Pendapatan sewa       diakui   berdasarkan               Rental revenue is recognized on a straight-
        berlalunya waktu.                                        line basis over the term of the lease
                                                                 contract.

        Pendapatan Bunga                                         Interest Income

        Pendapatan bunga dari instrumen keuangan                 Interest income from all financial
        diakui dalam laba rugi secara akrual                     instruments are recognized in profit or loss
        menggunakan metode suku bunga efektif.                   on accrual basis using the effective interest
                                                                 rate method.

        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
        ("biaya untuk memperoleh") dan diharapkan                are expected to be recovered are eligible
        dapat dipulihkan, biaya tersebut dengan                  for capitalization under PSAK No. 115 and
        demikian memenuhi syarat kapitalisasi                    included as part of “prepaid expenses”
        berdasarkan PSAK No. 115 dan termasuk                    account. Such costs are recognized in
        sebagai bagian dari akun “biaya dibayar                  profit or loss upon transfer of the goods or
        dimuka”. Beban tersebut diakui pada laba                 services to which such asset relates.
        rugi pada saat penyerahan barang atau jasa
        yang terkait dengan aset tersebut.

        Beban pokok penjualan diakui pada saat                   Cost of sales are recognized when incurred
        terjadinya (metode akrual). Termasuk                     (accrual method). Cost of sales includes
        didalam beban pokok penjualan adalah                     estimated costs for future development of
        taksiran beban untuk pengembangan                        amenities on land that is already sold.
        prasarana di masa yang akan datang atas
        tanah yang telah terjual.

        Beban diakui pada saat terjadinya (accrual               Expenses are recognized when incurred
        basis).                                                  (accrual basis).

        Beban bunga dari instrumen keuangan                      Interest expense for all financial
        diakui dalam laba rugi secara akrual                     instruments are recognized in profit or loss
        menggunakan metode suku bunga efektif.                   on accrual basis using the effective interest
                                                                 rate method.

    w. Biaya Pinjaman                                        w. Borrowing Costs

        Biaya pinjaman yang dapat diatribusikan                  Borrowing costs which are directly
        secara langsung dengan perolehan,                        attributable to the acquisition, construction,
        konstruksi,     atau     pembuatan     aset              or production of qualifying assets are
        kualifikasian dikapitalisasi sebagai bagian              capitalized as part of the acquisition cost of
        dari biaya perolehan aset tersebut. Biaya                the qualifying assets. Other borrowing
        pinjaman lainnya diakui sebagai beban pada               costs are recognized as expenses in the
        saat terjadinya.                                         period in which they are incurred.




                                                 - 37 -
Page 288
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


         Jika Grup meminjam dana secara khusus                        To the extent that the Group borrows funds
         untuk tujuan memperoleh aset kualifikasian,                  specifically for the purpose of obtaining a
         maka entitas menentukan jumlah biaya                         qualifying asset, the entity determines the
         pinjaman yang layak dikapitalisasikan                        amount of borrowing costs eligible for
         sebesar biaya pinjaman aktual yang terjadi                   capitalization as the actual borrowing costs
         selama      tahun    berjalan     dikurangi                  incurred on that borrowing during the year
         penghasilan investasi atas investasi                         less any investment income on the
         sementara dari pinjaman tersebut.                            temporary investment of those borrowings.

         Jika pengembangan aktif atas aset                            The Group suspends capitalization of
         kualifikasian dihentikan, Grup menghentikan                  borrowing costs during extended periods in
         kapitalisasi biaya pinjaman selama periode                   which it suspends active development of a
         yang diperpanjang tersebut.                                  qualifying asset.


         Kapitalisasi biaya pinjaman dihentikan saat                  The Group 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
         kualifikasian agar dapat digunakan atau                      for its intended use or sale are complete.
         dijual sesuai dengan maksudnya.

    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
         jumlah yang tak-terdiskonto sebagai                          recognized at its undiscounted amount as
         liabilitas pada laporan posisi keuangan                      a liability after deducting any amount
         konsolidasian setelah dikurangi dengan                       already paid in the consolidated statement
         jumlah yang telah dibayar dan sebagai                        of financial position and as an expense in
         beban dalam laba rugi.                                       profit or loss.

         Liabilitas Imbalan Kerja Jangka Panjang                      Long-term Employee Benefits Liability

         Liabilitas imbalan kerja jangka panjang                      Long-term employee benefits liability
         merupakan manfaat pasti yang dibentuk                        represents post-employment benefits,
         dengan pendanaan khusus melalui program                      funded defined-benefit plans through a
         dana pensiun dan didasarkan pada masa                        certain pension fund which amounts are
         kerja dan jumlah penghasilan karyawan                        determined based on years of service and
         pada      saat    pensiun   yang     dihitung                salaries of the employees at the time of
         menggunakan metode Projected Unit Credit.                    pension and calculated using the Projected
         Pengukuran kembali liabilitas imbalan pasti                  Unit Credit. Remeasurement is reflected
         langsung diakui dalam laporan posisi                         immediately in the consolidated statement
         keuangan konsolidasian dan penghasilan                       of financial position with a charge or credit
         komprehensif lain pada periode terjadinya                    recognized in other comprehensive income
         dan tidak akan direklasifikasi ke laba rugi,                 in the period in which they occur and not to
         namun menjadi bagian dari saldo laba.                        be reclassified to profit or loss but reflected
         Biaya liabilitas imbalan pasti lainnya terkait               immediately in retained earnings. All other
         dengan program imbalan pasti diakui dalam                    costs related to the defined-benefit plan are
         laba rugi.                                                   recognized in profit or loss.

         Pada tanggal 2 Februari 2021, Pemerintah                     On February 2, 2021, the Government
         mengundangkan      dan    memberlakukan                      promulgated    Government       Regulation
         Peraturan Pemerintah Nomor 35 Tahun                          Number 35 Year 2021 (PP 35/2021) to
         2021 (PP 35/2021) untuk melaksanakan                         implement the provisions of Article 81 and
         ketentuan Pasal 81 dan Pasal 185 (b) UU                      Article 185 (b) of Law No. 11/2020
         No. 11/2020 mengenai Cipta Kerja yang                        concerning Job Creation (Cipta Kerja),
         bertujuan untuk menciptakan lapangan kerja                   which aims to create the widest possible
         yang seluas-luasnya.                                         employment opportunities.




                                                     - 38 -
Page 289
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)


         Presiden     Republik     Indonesia    telah                 The President of the Republic of Indonesia
         menetapkan        Peraturan     Pemerintah                   has issued Government Regulation in Lieu
         Pengganti Undang-Undang No. 2 Tahun                          of Law No. 2 of 2022 concerning Job
         2022 tentang Cipta Kerja (Perppu Cipta                       Creation (Perppu Cipta Kerja 2/2022)
         Kerja 2/2022) pada tanggal 30 Desember                       on      December     30,   2022      which
         2022 yang merupakan pelaksanaan dari                         is     the    implementation      of   the
         Putusan MK Nomor 91/PUU-XVIII/2020.                          Constitutional Court’s Decision Number
         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
         dinyatakan tidak berlaku. Perppu Cipta Kerja                 Job Creation is repealed and declared
         2/2022     telah     ditetapkan     menjadi                  invalid. Perppu Cipta Kerja 2/2022 has
         Undang-Undang pada tanggal 31 Maret                          been enacted into law on March 31, 2023,
         2023 berdasarkan Undang-Undang No. 6                         based on Law No. 6 of 2023.
         Tahun 2023.

         Penyisihan          dihitung         dengan                  The provision has been calculated by
         membandingkan manfaat yang akan                              comparing the benefit that will be received
         diterima oleh karyawan pada umur wajar                       by an employee at normal pension age
         pensiun dari dana pensiun dengan manfaat                     from the pension plan with the benefit
         yang diatur dalam UU No. 6 Tahun 2023                        as stipulated under the Law No. 6 of 2023
         setelah dikurangi akumulasi kontribusi dari                  after deduction of accumulated employee
         karyawan dan hasil investasi yang berkaitan.                 contributions and the related investment
         Jika manfaat dana pensiun yang didanai                       results. If the employer- funded portion of
         pemberi kerja lebih kecil dari manfaat sesuai                the pension plan benefit is less than the
         UU No. 6 Tahun 2023, Grup akan                               benefit as required by the Law No. 6
         menyediakan kekurangannya.                                   of 2023, the Group will provide for such
                                                                      shortage.

         Pesangon Pemutusan Kontrak Kerja                             Termination Benefits

         Pesangon pemutusan kontrak terutang                          Termination benefits are payable whenever
         ketika karyawan dihentikan kontrak kerjanya                  an employee’s employment is terminated
         sebelum usia pensiun normal. Grup                            before the normal retirement date. The
         mengakui pesangon pemutusan kontrak                          Group recognizes termination benefits
         kerja     ketika    Grup      menunjukkan                    when it is demonstrably committed to
         komitmennya      untuk    memberhentikan                     terminate the employment of current
         kontrak kerja dengan karyawan berdasarkan                    employees according to a detailed formal
         suatu rencana formal terperinci yang kecil                   plan with a low possibility of withdrawal.
         kemungkinan untuk dibatalkan.

    y.   Pajak Penghasilan                                       y.   Income Tax

         Pajak Kini                                                   Current Tax

         Beban pajak kini ditentukan berdasarkan                      Current tax expense is determined based
         laba kena pajak dalam tahun yang                             on the taxable income for the year
         bersangkutan yang dihitung berdasarkan                       computed using prevailing tax rates.
         tarif pajak yang berlaku.

         Pajak Tangguhan                                              Deferred Tax

         Pajak tangguhan diakui sebagai liabilitas jika               Deferred tax is provided using the liability
         terdapat perbedaan temporer kena pajak                       method on temporary differences between
         yang timbul dari perbedaan antara dasar                      the tax bases of assets and liabilities and
         pengenaan pajak aset dan liabilitas dengan                   their carrying amounts for financial
         jumlah tercatatnya pada tanggal pelaporan.                   reporting purposes at the reporting date.




                                                     - 39 -
Page 290
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                           PT DUTA PERTIWI Tbk 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,                                        (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                            unless Otherwise Stated)


         Aset pajak tangguhan diakui untuk seluruh                     Deferred tax assets are recognized for all
         perbedaan      temporer      yang    dapat                    deductible temporary differences and the
         dikurangkan dan rugi fiskal yang dapat                        carry forward benefit of any unused tax
         dikompensasikan. Aset pajak tangguhan                         losses. Deferred tax assets are recognized
         diakui dan direviu pada setiap tanggal                        and reviewed at each reporting date and
         pelaporan     atau    diturunkan    jumlah                    reduced to the extent that it is probable that
         tercatatnya, sepanjang kemungkinan besar                      taxable profit will be available against
         laba kena pajak tersedia untuk pemanfaatan                    which the deductible temporary differences
         perbedaan      temporer      yang    dapat                    and the carry forward benefit of unused tax
         dikurangkan dan rugi fiskal yang dapat                        losses can be utilized.
         dikompensasikan.

         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                     to apply in the year when the asset is
         atau liabilitas diselesaikan, berdasarkan tarif               realized or the liability is settled, based on
         pajak (atau peraturan pajak) yang telah                       tax rates (or tax laws) that have been
         berlaku atau secara substantif telah berlaku                  enacted or substantively enacted at the
         pada tanggal pelaporan.                                       reporting date.

         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                           enforceable right exists to set off current
         hukum untuk melakukan saling hapus aset                       tax assets against current tax liabilities and
         pajak kini terhadap liabilitas pajak kini dan                 the deferred taxes relate to the same
         pajak tangguhan tersebut terkait dengan                       taxable entity and the same taxation
         entitas kena pajak yang sama dan                              authority.
         dikenakan oleh otoritas perpajakan yang
         sama.

    z.   Biaya Emisi Saham                                        z.   Stock Issuance Costs

         Biaya emisi saham disajikan sebagai bagian                    Stock issuance costs are deducted from
         dari akun tambahan modal disetor dan tidak                    additional paid-in capital and are not
         diamortisasi.                                                 amortized.

    aa. Laba per Saham                                            aa. Earnings Per Share

         Laba per saham dasar dihitung dengan                          Basic earnings per share are computed by
         membagi       laba bersih yang dapat                          dividing profit attributable to owners of the
         diatribusikan kepada pemilik entitas induk                    Company by the weighted average number
         dengan jumlah rata-rata tertimbang saham                      of shares outstanding during the year.
         yang      beredar  pada      tahun    yang
         bersangkutan.

    bb. Informasi Segmen                                          bb. Segment Information

         Informasi segmen disusun sesuai dengan                        Segment information is prepared using the
         kebijakan akuntansi yang dianut dalam                         accounting policies adopted for preparing
         penyusunan    dan    penyajian  laporan                       and presenting the consolidated financial
         keuangan konsolidasian.                                       statements.

         Segmen operasi diidentifikasi berdasarkan                     Operating segments are identified on the
         laporan internal atas komponen-komponen                       basis of internal reports about components
         Grup yang secara berkala dilaporkan                           of the Group that are regularly reviewed by
         kepada pengambil keputusan operasional                        the chief operating decision maker in order
         dalam rangka alokasi sumber daya ke dalam                     to allocate resources to the segments and
         segmen dan penilaian kinerja Grup.                            to assess their performances.




                                                      - 40 -
Page 291
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                            PT DUTA PERTIWI Tbk 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,                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


     cc. Provisi                                                    cc. Provisions

          Provisi diakui jika Grup mempunyai                             Provisions are recognized when the Group
          kewajiban kini (hukum maupun konstruktif)                      has     present    obligation    (legal   or
          sebagai akibat peristiwa masa lalu, yang                       constructive) as a result of a past event, it
          memungkinkan Grup harus menyelesaikan                          is probable that the Group will be required
          kewajiban tersebut dan estimasi yang andal                     to settle the obligation, and a reliable
          mengenai jumlah kewajiban tersebut dapat                       estimate can be made of the amount of the
          dibuat.                                                        obligation.

          Jumlah yang diakui sebagai provisi                             The amount recognized as a provision is
          adalah hasil estimasi terbaik pengeluaran                      the best estimate of the consideration
          yang diperlukan untuk menyelesaikan                            required to settle the obligation at the
          kewajiban kini pada tanggal pelaporan,                         reporting date, taking into account the risks
          dengan mempertimbangkan risiko dan                             and     uncertainties     surrounding     the
          ketidakpastian terkait kewajiban tersebut.                     obligation.


3.   Penggunaan Estimasi, Pertimbangan, dan                    3.   Management Use of Estimates, Judgments,
     Asumsi Manajemen                                               and Assumptions

     Dalam penerapan kebijakan akuntansi Grup,                      In the application of the Group’s accounting
     seperti yang diungkapkan dalam Catatan 2 pada                  policies, which are described in Note 2 to the
     laporan keuangan konsolidasian, manajemen                      consolidated        financial       statements,
     harus membuat estimasi, pertimbangan, dan                      management is required to make estimates,
     asumsi atas nilai tercatat aset dan liabilitas yang            judgments, and assumptions about the carrying
     tidak tersedia oleh sumber-sumber lain. Estimasi               amounts of assets and liabilities that are not
     dan asumsi tersebut, berdasarkan pengalaman                    readily apparent from other sources. The
     historis dan faktor lain yang dipertimbangkan                  estimates and assumptions are based on
     relevan.                                                       historical experience and other factors that are
                                                                    considered to be relevant.

     Manajemen berkeyakinan bahwa pengungkapan                      Management believes that the following
     berikut telah mencakup ikhtisar estimasi,                      represent a summary of the significant
     pertimbangan dan asumsi signifikan yang dibuat                 estimates, judgments, and assumptions made
     oleh manajemen, yang berpengaruh terhadap                      that affected certain reported amounts and
     jumlah-jumlah    yang     dilaporkan     serta                 disclosures in the consolidated financial
     pengungkapan dalam laporan keuangan                            statements.
     konsolidasian.

     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                       Group’s accounting policies that have the most
     paling signifikan terhadap jumlah-jumlah yang                  significant effects on the amounts recognized in
     diakui dalam laporan keuangan konsolidasian:                   the consolidated financial statements:

     a.   Pengendalian Bersama pada Pengaturan                      a.   Joint Control in Joint Arrangements
          Bersama

          Pengendalian bersama atas suatu aktivitas                      Joint control over an economic activity
          ekonomi terjadi jika keputusan keuangan                        exists only when the strategic financial and
          dan operasional strategis terkait dengan                       operating decisions relating to the activity
          aktivitas tersebut mensyaratkan konsensus                      require unanimous consent of the parties
          dari    seluruh    pihak   yang    berbagi                     sharing control.
          pengendalian.




                                                      - 41 -
Page 292
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                         PT DUTA PERTIWI Tbk 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,                                      (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                          unless Otherwise Stated)


         Manajemen Grup menetapkan bahwa Grup                        The Group’s management determined that
         memiliki    pengendalian   atas   ventura                   it has joint control over the joint ventures as
         bersama seperti yang diungkapkan pada                       disclosed in Note 12, since the decision on
         Catatan 12, karena keputusan terkait                        economic activities of these joint ventures
         aktivitas ekonomi pada ventura bersama                      are made by the Group jointly with the other
         dibuat oleh Grup bersama-sama dengan                        venturers.
         pihak-pihak yang berbagi pengendalian.

    b.   Mata Uang Fungsional                                   b.   Functional Currency

         Mata uang fungsional Perusahaan dan                         The functional currency of the Company
         entitas anak adalah mata uang lingkungan                    and its subsidiaries is the currency of the
         ekonomi utama dimana masing-masing                          primary economic environment in which
         entitas beroperasi. Mata uang tersebut                      each of them operates. It is the currency,
         adalah yang paling mempengaruhi harga                       among others, that mainly influences sales
         jual barang dan jasa, dan mata uang dari                    prices for goods and services, and of the
         negara yang kekuatan persaingan dan                         country whose competitive forces and
         peraturannya sebagian besar menentukan                      regulations mainly determine the sales
         harga jual barang dan jasa entitas, dan                     prices of its goods and services, and the
         merupakan mata uang yang mana dana dari                     currency in which funds from financing
         aktivitas pendanaan dihasilkan.                             activities are generated.

    c.   Klasifikasi Aset Keuangan dan Liabilitas               c.   Classification of Financial Assets and
         Keuangan                                                    Financial Liabilities

         Grup menentukan klasifikasi aset dan                        The Group determines the classifications of
         liabilitas tertentu sebagai aset keuangan dan               certain assets and liabilities as financial
         liabilitas keuangan dengan menilai apakah                   assets and financial liabilities by judging if
         aset dan liabilitas tersebut memenuhi                       they meet the definition set forth in PSAK
         definisi yang ditetapkan dalam PSAK                         No. 109. Accordingly, the financial assets
         No. 109. Aset keuangan dan liabilitas                       and financial liabilities are accounted for in
         keuangan         dicatat    sesuai    dengan                accordance with the Group’s material
         informasi kebijakan akuntansi material                      accounting policy information as disclosed
         Grup sebagaimana diungkapkan dalam                          in Note 2.
         Catatan 2.

    d.   Cadangan Kerugian Penurunan Nilai                      d.   Allowance for Impairment

         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 ekspetasian                  accounts receivable. The expected credit
         atas      aset     keuangan      diestimasi                 losses on these financial assets are
         menggunakan pendekatan tingkat kerugian                     estimated using loss rate approach based
         berdasarkan pengalaman kerugian kredit                      on the Group’s historical credit loss
         historis Grup, disesuaikan dengan kondisi                   experience, adjusted for general economic
         ekonomi umum dan penilaian baik atas                        conditions and an assessment of both the
         kondisi kini maupun perkiraan masa depan                    current as well as the forecast direction of
         pada tanggal pelaporan, termasuk nilai                      conditions at the reporting date, including
         waktu atas uang jika tepat.                                 time value of money where appropriate.




                                                    - 42 -
Page 293
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                            PT DUTA PERTIWI Tbk 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,                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


         Untuk semua instrumen keuangan lainnya,                        For all other financial instruments, the
         Grup mengakui ECL sepanjang umur ketika                        Group recognizes lifetime ECL when there
         telah ada peningkatan risiko kredit yang                       has been a significant increase in credit risk
         signifikan sejak pengakuan awal. Jika                          since initial recognition. If, on the other
         sebaliknya, risiko kredit pada instrumen                       hand, the credit risk on the financial
         keuangan tidak meningkat secara signifikan                     instrument has not increased significantly
         sejak pengakuan awal, Grup mengukur                            since initial recognition, the Group
         penyisihan kerugian untuk instrumen                            measures the loss allowance for that
         keuangan tersebut sejumlah ECL 12 bulan.                       financial instrument at an amount equal to
         Penilaian apakah ECL sepanjang umur                            12-month ECL. The assessment of
         harus diakui didasarkan pada peningkatan                       whether lifetime ECL should be recognized
         signifikan dalam kemungkinan terjadinya                        is based on significant increases in the
         atau pada risiko gagal bayar sejak                             likelihood or risk of a default occurring
         pengakuan awal dan bukan didasarkan bukti                      since initial recognition instead of on
         aset keuangan yang mengalami kerugian                          evidence of a financial asset being credit
         kredit pada tanggal pelaporan atau kejadian                    impaired at the reporting date or an actual
         gagal bayar sebenarnya. ECL sepanjang                          default occurring. Lifetime ECL represents
         umur      merupakan      kerugian     kredit                   the expected credit losses that will result
         ekspetasian yang timbul dari seluruh                           from all possible default events over the
         kemungkinan peristiwa gagal bayar selama                       expected life of a financial instrument. In
         perkiraan umur instrumen keuangan.                             contrast, 12-month ECL represents the
         Sebaliknya, ECL 12 bulan mewakili porsi                        portion of lifetime ECL that is expected to
         ECL sepanjang umur yang timbul dari                            result from default events on a financial
         peristiwa gagal bayar pada instrumen                           instrument that are possible within 12
         keuangan yang mungkin terjadi dalam                            months after the reporting date.
         12 bulan setelah tanggal pelaporan.

         Suatu evaluasi yang bertujuan untuk                            Evaluation of financial assets to determine
         mengidentifikasi jumlah cadangan kerugian                      the allowance for expected loss to be
         ekspektasian     yang     harus    dibentuk,                   provided is performed periodically in each
         dilakukan secara berkala pada setiap                           reporting period. Therefore, the timing and
         periode pelaporan. Oleh karena itu, saat dan                   amount of allowance for expected credit
         besaran jumlah cadangan kerugian kredit                        loss recorded at each period might differ
         ekspektasian yang tercatat pada setiap                         based on the judgments and estimates that
         periode dapat berbeda tergantung pada                          are available or valid at each period.
         pertimbangan atas informasi yang tersedia
         atau berlaku pada saat itu.

         Nilai tercatat aset keuangan Grup dalam                        The carrying value of the Group’s financial
         kategori yang diukur pada biaya perolehan                      instruments categorized as financial
         diamortisasi tanggal 31 Desember 2024 dan                      assets at amortized cost as of
         2023 adalah sebagai berikut:                                   December 31, 2024 and 2023 follows:

                                                 2024                   2023

         Kas dan setara kas                 2.525.242.591.791     2.875.636.301.739   Cash and cash equivalents
         Investasi jangka pendek              240.430.996.774       277.638.312.774   Short-term investments
         Piutang usaha - bersih                78.562.781.925        45.124.203.171   Trade accounts receivable - net
         Piutang lain-lain - bersih             7.032.878.579         7.460.374.235   Other accounts receivable - net

         Jumlah                             2.851.269.249.069     3.205.859.191.919   Total

    e.   Komitmen Sewa                                             e.   Lease Commitments

         Grup sebagai penyewa                                           Group as lessee

         Grup telah menandatangani sejumlah                             The Group has entered into various lease
         perjanjian sewa lahan komersial dan                            agreements for commercial spaces and
         inventaris. Grup menentukan bahwa sewa                         commercial machineries and equipment.
         tersebut memenuhi kriteria pengakuan dan                       The Group has determined that those
         pengukuran aset hak-guna dan liabilitas                        leases meet the criteria for recognition and
         sewa sesuai dengan PSAK No. 116, Sewa.                         measurement of right-of-use assets and
                                                                        lease liabilities in accordance with
                                                                        PSAK No. 116, Leases.



                                                    - 43 -
Page 294
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                        PT DUTA PERTIWI Tbk 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,                                     (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                         unless Otherwise Stated)


         Grup sebagai pesewa                                        Group as lessor

         Grup telah menandatangani sejumlah                         The Group has entered into various
         perjanjian sewa. Grup menentukan bahwa                     commercial lease agreements. The Group
         sewa tersebut adalah sewa operasi karena                   has determined that these are operating
         Grup menanggung secara signifikan seluruh                  leases since the Group bears substantially
         risiko dan manfaat dari kepemilikan aset-                  all the significant risks and rewards of
         aset tersebut.                                             ownership of the related assets.

    f.   Pajak Penghasilan                                     f.   Income Taxes

         Perbedaan atas interpretasi dari peraturan                 Different interpretation of complex tax
         pajak yang kompleks mengakibatkan                          regulation makes the ultimate tax
         ketidakpastian penentuan jumlah pajak                      determination becomes uncertain. Where
         penghasilan. Jika hasil pemeriksaan pajak                  the final tax outcome of these matters is
         berbeda dengan jumlah yang sebelumnya                      different from the amounts that were
         telah dibukukan, maka selisih tersebut akan                initially recorded, such differences will have
         berdampak terhadap aset dan liabilitas pajak               an impact on the current and deferred
         kini dan tangguhan dalam periode dimana                    income tax assets and liabilities in the
         hasil pemeriksaan tersebut terjadi.                        period in which such determination is
                                                                    made.

    g.   Komponen Pembiayaan yang Signifikan                   g.   Significant Financing Component

         Grup menetapkan bahwa kontrak dengan                       The Group has determined that the
         pelanggan untuk penjualan persediaan real                  contracts with customers for sale of real
         estat memiliki komponen pembiayaan yang                    estate    inventories   have    significant
         signifikan mengingat jangka waktu antara                   financing component considering the
         pembayaran      uang    muka    penjualan                  period between the customer’s payment of
         oleh pelanggan dan saat pengalihan                         sales advances and time of the transfer of
         pengendalian atas persediaan real estat                    control over the real estate inventories is
         lebih dari satu tahun. Dalam penentuan                     more than one year. In determining the
         tingkat bunga yang diterapkan pada jumlah                  interest to be applied to the amount of
         imbalan, Grup memutuskan bahwa tingkat                     consideration, the Group concluded that
         bunga adalah tingkat bunga pinjaman                        the interest rate is the Group’s average
         rata-rata Grup.                                            borrowing rate.

    Estimasi dan Asumsi                                        Estimates and Assumptions

    Asumsi utama mengenai masa depan dan                       The key assumptions concerning the future and
    sumber utama lain dalam mengestimasi                       other key sources of estimation uncertainty at
    ketidakpastian pada tanggal pelaporan yang                 the reporting date that have a significant risk of
    mempunyai risiko signifikan yang dapat                     causing a material adjustment to the carrying
    menyebabkan penyesuaian material terhadap                  amounts of assets and liabilities within the next
    nilai tercatat aset dan liabilitas dalam periode           financial period are disclosed below. The Group
    berikutnya diungkapkan di bawah ini. Grup                  based its assumptions and estimates on
    mendasarkan asumsi dan estimasi pada                       parameters available when the consolidated
    parameter yang tersedia saat laporan keuangan              financial statements were prepared. Existing
    konsolidasian disusun. Kondisi yang ada dan                circumstances and assumptions about future
    asumsi mengenai perkembangan masa depan                    developments may change due to market
    dapat berubah karena perubahan situasi pasar               changes on circumstances arising beyond the
    yang berada di luar kendali Grup. Perubahan                control of the Group. Such changes are
    tersebut tercermin dalam asumsi ketika keadaan             reflected in the assumptions when they occur:
    tersebut terjadi:




                                                   - 44 -
Page 295
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                         PT DUTA PERTIWI Tbk 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,                                      (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                          unless Otherwise Stated)


    a.   Nilai Wajar Aset Keuangan dan Liabilitas               a.   Fair Value of Financial Assets and
         Keuangan                                                    Financial Liabilities

         Standar Akuntansi Keuangan di Indonesia                     Indonesian       Financial      Accounting
         mensyaratkan pengukuran aset keuangan                       Standards require measurement of certain
         dan liabilitas keuangan tertentu pada                       financial assets and liabilities at fair
         nilai   wajarnya,       dan   penyajian   ini               values, and the disclosure requires the
         mengharuskan penggunaan estimasi.                           use of estimates. Significant component of
         Komponen pengukuran nilai wajar yang                        fair value measurement is determined
         signifikan ditentukan berdasarkan bukti-                    based on verifiable objective evidence (i.e.
         bukti obyektif yang dapat diverifikasi                      foreign exchange rate, interest rate), while
         (seperti nilai tukar, suku bunga), sedangkan                timing and amount of changes in fair value
         saat dan besaran perubahan nilai wajar                      might differ due to different valuation
         dapat       menjadi       berbeda     karena                method used.
         penggunaan metode penilaian yang
         berbeda.

         Nilai wajar aset keuangan dan liabilitas                    The fair value of financial assets and
         keuangan diungkapkan pada Catatan 26.                       financial liabilities are set out in
                                                                     Note 26.

    b.   Estimasi Masa Manfaat Aset Tetap dan                   b.   Estimated Useful Lives of Property and
         Properti Investasi                                          Equipment and Investment Properties

         Masa manfaat dari masing-masing aset                        The useful life of each of the item of the
         tetap dan properti investasi Grup diestimasi                Group’s property and equipment and
         berdasarkan jangka waktu aset tersebut                      investment properties are estimated
         diharapkan tersedia untuk digunakan.                        based on the period over which the asset
         Estimasi    tersebut    didasarkan     pada                 is expected to be available for use. Such
         penilaian kolektif berdasarkan bidang                       estimation is based on a collective
         usaha yang sama, evaluasi teknis internal                   assessment of similar business, internal
         dan pengalaman dengan aset sejenis.                         technical evaluation and experience with
         Estimasi masa manfaat setiap aset ditelaah                  similar assets. The estimated useful life of
         secara berkala dan diperbarui jika estimasi                 each asset is reviewed periodically and
         berbeda dari perkiraan sebelumnya yang                      updated if expectations differ from
         disebabkan karena pemakaian, usang                          previous estimates due to physical wear
         secara teknis atau komersial serta                          and tear, technical or commercial
         keterbatasan hak atau pembatasan lainnya                    obsolescence and legal or other limits on
         terhadap penggunaan aset. Dengan                            the use of the asset. It is possible,
         demikian, hasil operasi di masa mendatang                   however, that future results of operations
         mungkin dapat terpengaruh secara                            could be materially affected by changes in
         signifikan oleh perubahan dalam jumlah                      the amounts and timing of recorded
         dan waktu terjadinya biaya karena                           expenses brought about by changes in the
         perubahan yang disebabkan oleh faktor-                      factors mentioned above. A reduction in
         faktor yang disebutkan di atas. Penurunan                   the estimated useful life of any item of
         estimasi masa manfaat ekonomis setiap                       property and equipment and investment
         aset tetap dan properti investasi akan                      properties would increase the recorded
         menyebabkan kenaikan beban penyusutan                       depreciation and decrease the carrying
         dan penurunan nilai tercatat aset-aset                      values of these assets.
         tersebut.




                                                    - 45 -
Page 296
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                        PT DUTA PERTIWI Tbk 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,                                     (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                         unless Otherwise Stated)


         Nilai tercatat aset tetap dan properti                     The carrying values of property and
         investasi konsolidasian pada tanggal                       equipment and investment properties
         31     Desember    2024    dan   2023                      as of December 31, 2024 and 2023 are
         masing-masing diungkapkan pada Catatan                     set out in Notes 14 and 16, respectively.
         14 dan 16.

    c.   Penurunan Nilai Goodwill                              c.   Impairment of Goodwill

         Uji penurunan nilai goodwill wajib dilakukan               Impairment testing for goodwill is required
         sedikitnya     setahun      sekali     tanpa               to be performed at least annually
         memperhatikan apakah telah terjadi                         irrespective of whether or not there are
         indikasi penurunan nilai. Penentuan nilai                  indications of impairment. Determining the
         pakai goodwill membutuhkan estimasi arus                   value in use of goodwill requires the
         kas yang diharapkan akan dihasilkan dari                   estimation of cash flows expected to be
         pemakaian berkelanjutan dan pelepasan                      generated from the continued use and
         akhir atas aset tersebut (UPK) serta tingkat               ultimate disposition of such assets (CGU)
         diskonto yang tepat untuk menghitung nilai                 and a suitable discount rate in order to
         kini.                                                      calculate the present value.

         Manajemen        berkeyakinan    bahwa                     While it is believed that the assumptions
         asumsi-asumsi yang digunakan dalam                         used in the estimation of the value in use
         estimasi nilai pakai dalam laporan                         of assets reflected in the consolidated
         keuangan konsolidasian adalah tepat dan                    financial statements are appropriate and
         wajar, namun demikian, perubahan                           reasonable, significant changes in these
         signifikan dalam asumsi-asumsi tersebut                    assumptions may materially affect the
         dapat berdampak signifikan pada jumlah                     assessment of recoverable values and
         nilai terpulihkan dan jumlah kerugian                      any resulting impairment loss could have
         penurunan nilai yang terjadi mungkin                       a material adverse impact on the results of
         berdampak material pada hasil operasi                      Group’s operations.
         Grup.

         Nilai tercatat goodwill pada tanggal                       The carrying amount of goodwill as of
         31 Desember 2024 dan 2023 diungkapkan                      December 31, 2024 and 2023 is set out in
         pada Catatan 17.                                           Note 17.

    d.   Penurunan Nilai Aset Non-Keuangan                     d.   Impairment of Non-Financial Assets

         Penelaahan atas penurunan nilai dilakukan                  Impairment review is performed when
         apabila terdapat indikasi penurunan nilai                  certain impairment indicators are present.
         aset 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                     continued use and ultimate disposition of
         aset tersebut. Perubahan signifikan dalam                  such assets. Any significant changes in
         asumsi-asumsi yang digunakan untuk                         the assumptions used in determining the
         menentukan nilai wajar dapat berdampak                     fair value may materially affect the
         signifikan pada jumlah terpulihkan dan                     assessment of recoverable values and
         jumlah kerugian penurunan nilai yang                       any resulting impairment loss could have
         terjadi mungkin berdampak material pada                    a material impact on results of operations.
         hasil operasi Grup.




                                                   - 46 -
Page 297
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                         PT DUTA PERTIWI Tbk 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,                                      (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                          unless Otherwise Stated)


         Nilai tercatat aset non-keuangan tersebut                   The carrying values of these non-financial
         pada tanggal 31 Desember 2024 dan 2023                      assets as of December 31, 2024 and 2023
         diungkapkan pada Catatan 14, 15 dan 16.                     are set out in Notes 14, 15, and 16.

    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                    employee benefits is dependent on the
         yang digunakan oleh aktuaris dalam                          selection of certain assumptions used by
         menghitung jumlah tersebut. Asumsi-                         actuary in calculating such amounts.
         asumsi     tersebut      dijelaskan    dalam                Those assumptions are described in
         Catatan 36 dan mencakup, antara lain,                       Note 36 and include, among others, rate
         tingkat kenaikan gaji, dan tingkat diskonto                 of salary increase, and discount rate which
         yang ditentukan dengan mengacu pada                         is determined after giving consideration to
         imbal hasil pasar atas bunga obligasi                       interest rates of government bonds that
         pemerintah dalam mata uang yang sama                        are denominated in the currency in which
         dengan mata uang pembayaran imbalan                         the benefits are to be paid and have terms
         dan memiliki jangka waktu yang mendekati                    of maturity approximating the terms of the
         estimasi jangka waktu liabilitas imbalan                    related employee benefits liability. Actual
         kerja jangka panjang tersebut. Hasil aktual                 results that differ from the Group’s
         yang berbeda dengan asumsi Grup                             assumptions         are      charged      to
         dibukukan pada penghasilan komprehensif                     comprehensive income and therefore,
         lain dan dengan demikian, berdampak                         generally      affect    the     recognized
         pada jumlah penghasilan komprehensif lain                   comprehensive income and recorded
         yang diakui dan liabilitas yang tercatat pada               obligation in such future periods. While it
         periode-periode mendatang. Manajemen                        is believed that the Group’s assumptions
         berkeyakinan bahwa asumsi-asumsi yang                       are reasonable           and appropriate,
         digunakan adalah tepat dan wajar, namun                     significant     differences     in   actual
         demikian, perbedaan signifikan pada hasil                   experience or significant changes in
         aktual, atau perubahan signifikan dalam                     assumptions may materially affect the
         asumsi-asumsi tersebut dapat berdampak                      amount of long-term employee benefits
         signifikan pada jumlah liabilitas imbalan                   liability.
         kerja jangka panjang.

         Pada tanggal 31 Desember 2024 dan 2023,                     As of December 31, 2024 and 2023, the
         liabilitas imbalan kerja jangka panjang                     amount of long-term employee benefits
         diungkapkan pada Catatan 36.                                liability is set out in Note 36.




                                                    - 47 -
Page 298
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                  PT DUTA PERTIWI Tbk 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,                                               (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)


4.   Kas dan Setara Kas                                              4.     Cash and Cash Equivalents

                                                     2024                     2023

     Kas                                            2.852.862.745          21.083.919.245   Cash on Hand

     Bank                                                                                   Cash in Banks
       Rupiah                                                                                Rupiah
        Pihak berelasi (Catatan 42)                                                            Related party (Note 42)
           PT Bank Sinarmas Tbk (BS)               7.569.073.256            7.283.115.504         PT Bank Sinarmas Tbk (BS)

         Pihak ketiga                                                                           Third parties
           PT Bank Central Asia Tbk              103.052.503.009           56.603.446.077         PT Bank Central Asia Tbk
           PT Bank Maybank Indonesia Tbk                                                          PT Bank Maybank Indonesia Tbk
             (Maybank)                            38.228.727.317           36.426.649.001           (Maybank)
           PT Bank Mandiri (Persero) Tbk (BM)     32.093.416.950           30.030.785.979         PT Bank Mandiri (Persero) Tbk (BM)
           PT Bank Negara Indonesia                                                               PT Bank Negara Indonesia
             (Persero) Tbk                        13.984.014.928            8.244.090.856           (Persero) Tbk
           PT Bank Danamon Indonesia Tbk           8.772.574.696            6.001.466.348         PT Bank Danamon Indonesia Tbk
           PT Bank OCBC NISP Tbk (OCBC)            8.147.760.532            7.565.981.856         PT Bank OCBC NISP Tbk (OCBC)
           PT Bank Tabungan Negara                                                                PT Bank Tabungan Negara
             (Persero) Tbk (BTN)                   7.880.017.427           10.315.769.742           (Persero) Tbk (BTN)
           PT Bank CIMB Niaga Tbk (CIMB)           5.911.400.150              973.024.453         PT Bank CIMB Niaga Tbk (CIMB)
           PT Bank Permata Tbk (Permata)           4.956.281.232            1.746.940.940         PT Bank Permata Tbk (Permata)
           PT Bank Pan Indonesia Tbk               4.354.619.150              630.645.497         PT Bank Pan Indonesia Tbk
           PT Bank Rakyat Indonesia                                                               PT Bank Rakyat Indonesia
             (Persero) Tbk (BRI)                     734.647.631              679.858.252           (Persero) Tbk (BRI)
           PT Bank UOB Indonesia (UOB)               479.186.086              193.632.365         PT Bank UOB Indonesia (UOB)
           PT Bank DKI                                71.827.500               72.007.500         PT Bank DKI
           PT Bank Pembangunan Daerah                                                             PT Bank Pembangunan Daerah
             Jawa Barat dan Banten Tbk (BJB)           6.242.602                6.542.602           Jawa Barat dan Banten Tbk (BJB)
           PT Bank Syariah Indonesia Tbk               3.021.467                3.307.928         PT Bank Syariah Indonesia Tbk
           PT Bank Mega Tbk (Mega)                             -               38.837.422         PT Bank Mega Tbk (Mega)
         Jumlah                                  228.676.240.677          159.532.986.818       Subtotal
       Sub jumlah - Rupiah                       236.245.313.933          166.816.102.322     Subtotal - Rupiah

       Dolar Amerika Serikat (Catatan 47)                                                     U.S. Dollar (Note 47)
        Pihak berelasi (Catatan 42)                                                             Related party (Note 42)
           BS                                                    -            300.283.794         BS

         Pihak ketiga                                                                           Third party
           Maybank                                     6.634.515                8.118.743         Maybank
       Sub jumlah - Dolar Amerika Serikat              6.634.515              308.402.537     Subtotal - U.S. Dollar
     Jumlah - Bank                               236.251.948.448          167.124.504.859     Total - Cash in banks

     Deposito Berjangka                                                                     Time Deposits
      Rupiah                                                                                  Rupiah
        Pihak ketiga                                                                            Third parties
          BRI                                    906.950.000.000          545.060.000.000         BRI
          PT Bank Raya Indonesia Tbk                                                              PT Bank Raya Indonesia Tbk
             (Raya)                               380.700.000.000       495.950.000.000             (Raya)
          PT Bank Mandiri Taspen                  297.700.000.000       355.800.000.000           PT Bank Mandiri Taspen
          CIMB                                    200.000.000.000                     -           CIMB
          BJB                                     145.120.000.000       208.120.000.000           BJB
          PT Bank JTrust Indonesia Tbk            142.600.000.000       145.800.000.000           PT Bank JTrust Indonesia Tbk
          PT Bank KB Bukopin Tbk                   51.300.000.000        98.700.000.000           PT Bank KB Bukopin Tbk
          Mega                                     43.650.000.000       189.450.000.000           Mega
          BM                                       40.030.000.000        10.900.000.000           BM
          PT Bank Jasa Jakarta                     31.700.000.000                     -           PT Bank Jasa Jakarta
          BTN                                      14.850.000.000       443.750.000.000           BTN
          Permata                                  12.000.000.000        12.000.000.000           Permata
          OCBC                                      7.500.000.000                     -           OCBC
          Maybank                                   7.000.000.000         7.000.000.000           Maybank
          PT Bank Ina Perdana Tbk                   3.000.000.000                     -           PT Bank Ina Perdana Tbk
          UOB                                                   -       173.000.000.000           UOB
      Sub jumlah - Rupiah                       2.284.100.000.000     2.685.530.000.000       Subtotal - Rupiah

       Dolar Amerika Serikat (Catatan 47)                                                     U.S. Dollar (Note 47)
        Pihak ketiga                                                                            Third party
           Raya                                     2.037.780.598         1.897.877.635           Raya
     Jumlah - Deposito berjangka                2.286.137.780.598     2.687.427.877.635       Total - Time deposits

     Jumlah                                     2.525.242.591.791     2.875.636.301.739     Total

     Suku bunga per tahun deposito berjangka:                                               Interest rates per annum of time deposits:
       Rupiah                                    3,25% - 7,00%            3,20% - 7,50%        Rupiah
       Dolar Amerika Serikat                         3,00%                    3,00%            U.S. Dollar




                                                            - 48 -
Page 299
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                     PT DUTA PERTIWI Tbk 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,                                                  (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


5.   Investasi Jangka Pendek                                           5.      Short-term Investments

     Merupakan rekening di bank berupa rekening                                These consists of cash in banks in the form of
     penampungan dan deposito berjangka yang                                   escrow account and time deposits used as
     digunakan sebagai jaminan fasilitas kredit                                collaterals for housing loan facilities with details
     kepemilikan rumah dengan rincian sebagai                                  as follows:
     berikut:

                                                       2024                     2023

     Bank - Pihak ketiga                                                                        Cash in bank - Third party
       PT Bank Central Asia Tbk                     72.141.976.800           77.719.296.878      PT Bank Central Asia Tbk

     Deposito berjangka - Pihak ketiga                                                          Time deposits - Third parties
      PT Bank CIMB Niaga Tbk                        38.287.156.688           51.402.500.262       PT Bank CIMB Niaga Tbk
      PT Bank Mandiri (Persero) Tbk                 33.703.554.142           47.723.196.663       PT Bank Mandiri (Persero) Tbk
      PT Bank Permata Tbk                           22.273.619.640           25.399.917.539       PT Bank Permata Tbk
      PT Bank Tabungan Negara (Persero) Tbk         17.546.066.743            3.916.184.484       PT Bank Tabungan Negara (Persero) Tbk
      PT Bank Maybank Indonesia Tbk                 15.165.779.725           21.932.066.993       PT Bank Maybank Indonesia Tbk
      PT Bank Negara Indonesia (Persero) Tbk        13.677.589.112            8.939.322.679       PT Bank Negara Indonesia (Persero) Tbk
      PT Bank Danamon Indonesia Tbk                 11.109.663.478           19.760.371.506       PT Bank Danamon Indonesia Tbk
      PT Bank OCBC NISP Tbk                          8.746.534.011           12.276.156.465       PT Bank OCBC NISP Tbk
      PT Bank UOB Indonesia                          4.640.861.159            4.750.916.148       PT Bank UOB Indonesia
      PT Bank Pan Indonesia Tbk                      2.180.326.866            2.599.904.519       PT Bank Pan Indonesia Tbk
      PT Bank Rakyat Indonesia (Persero) Tbk           534.283.528              852.141.147       PT Bank Rakyat Indonesia (Persero) Tbk
      PT Bank Syariah Indonesia Tbk                    397.504.882              340.257.491       PT Bank Syariah Indonesia Tbk
      PT Bank Pembangunan Daerah                                                                  PT Bank Pembangunan Daerah
        Jawa Barat dan Banten Tbk                       26.080.000               26.080.000         Jawa Barat dan Banten Tbk
          Jumlah - Deposito berjangka              168.289.019.974          199.919.015.896          Total - Time deposits

     Jumlah                                        240.430.996.774          277.638.312.774          Total

     Suku bunga deposito berjangka per tahun       1,75% - 5,70%            1,75% - 5,70%       Interest rate per annum on time deposits



6.   Piutang Usaha                                                     6.      Trade Accounts Receivable

     Rincian piutang usaha terdiri dari:                                       The details of trade accounts receivable follows:

     a.     Berdasarkan Jenis Transaksi                                        a.     By Nature of Transactions

                                                          2024                       2023

             Pihak berelasi (Catatan 42)                                                               Related parties (Note 42)
               Sewa                                    10.901.299.725               7.279.193.618       Rental
               Cadangan kerugian penurunan nilai         (221.137.373)               (129.920.422)      Allowance for impairment losses
               Jumlah - Bersih - pihak berelasi        10.680.162.352               7.149.273.196        Total - Net - related parties
             Pihak ketiga                                                                              Third parties
               Tanah, rumah tinggal dan ruko           42.060.696.954             9.154.183.232          Land, houses and shophouses
               Tanah dan bangunan strata title         19.580.117.847            21.213.614.542          Land and buildings with strata title
               Kamar, makanan dan minuman                                                                Room, food and beverages,
                 dan lain-lain                          6.667.936.079               6.439.459.652          and others
               Sewa                                     1.125.993.591               2.719.732.670        Rental
               Jumlah - pihak ketiga                   69.434.744.471            39.526.990.096          Total - third parties
               Cadangan kerugian penurunan nilai       (1.552.124.898)           (1.552.060.121)         Allowance for impairment losses
               Jumlah - Bersih - pihak ketiga          67.882.619.573            37.974.929.975          Total - Net - third parties
             Jumlah                                    78.562.781.925            45.124.203.171        Total




                                                              - 49 -
Page 300
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                PT DUTA PERTIWI Tbk 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,                                             (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)


    b.   Berdasarkan Umur (Hari)                                       b.    By Age

         Jumlah piutang usaha berdasarkan umur                               The aging analysis of trade accounts
         (hari) dihitung sejak tanggal faktur adalah                         receivable from the date of invoice follows:
         sebagai berikut:

                                                   2024                        2023

         Pihak berelasi (Catatan 42)                                                            Related parties (Note 42)
           Belum jatuh tempo                                    -                         -      Not past due
           Jatuh tempo                                                                           Past due
             1 s.d 30 hari                       2.972.381.821               3.282.953.933          1 - 30 days
             31 s.d 60 hari                      4.284.336.132                 298.849.951          31 - 60 days
             61 s.d 90 hari                                  -                   1.001.690          61 - 90 days
             91 s.d 120 hari                     3.644.581.772               3.696.388.044          91 - 120 days
           Jumlah - pihak berelasi              10.901.299.725               7.279.193.618       Total - related parties
           Cadangan kerugian penurunan nilai      (221.137.373)               (129.920.422)      Allowance for impairment
           Jumlah - bersih                      10.680.162.352               7.149.273.196        Total - net

         Pihak ketiga                                                                           Third parties
           Belum jatuh tempo                    21.632.090.229               4.201.648.485        Not past due
           Jatuh tempo                                                                            Past due
             1 s.d 30 hari                       9.867.796.735              15.458.972.522          1 - 30 days
             31 s.d 60 hari                        160.688.488              10.623.579.982          31 - 60 days
             61 s.d 90 hari                      4.439.326.482               2.178.797.273          61 - 90 days
             91 s.d 120 hari                    33.329.666.311               7.058.815.608          91 - 120 days
             > 120 hari                              5.176.226                   5.176.226          > 120 days
           Jumlah - pihak ketiga                69.434.744.471              39.526.990.096        Total - third parties
           Cadangan kerugian penurunan nilai    (1.552.124.898)             (1.552.060.121)       Allowance for impairment
           Jumlah - bersih                      67.882.619.573              37.974.929.975        Total - net

         Jumlah                                 78.562.781.925              45.124.203.171      Total

    Perubahan dalam cadangan kerugian penurunan                        The changes in allowance for impairment of
    nilai piutang usaha adalah sebagai berikut:                        trade accounts receivable are detailed as
                                                                       follows:

                                                2024                        2023

     Saldo awal                                1.681.980.543             2.717.249.366        Beginning balance
     Penambahan (pemulihan) - bersih              91.281.728            (1.035.268.823)       Provisions (recoveries) - net

     Saldo akhir                               1.773.262.271            1.681.980.543         Ending balance

    Grup      menerapkan      pendekatan      yang                     The Group applies the simplified approach to
    disederhanakan untuk menghitung cadangan                           provide for expected credit losses prescribed by
    kerugian ekspektasian yang disyaratkan oleh                        PSAK No. 109, which permits the use of the
    PSAK No. 109, yang memperbolehkan                                  lifetime expected loss provison for trade
    penerapan cadangan kerugian ekspektasian                           accounts receivable with significant financing
    sepanjang umurnya untuk piutang usaha dengan                       component. To measure the expected credit
    komponen pendanaan yang signifikan. Untuk                          losses, trade accounts receivables have been
    mengukur cadangan kerugian ekspektasian                            grouped based on shared credit risk
    tersebut,   piutang    usaha    dikelompokkan                      characteristics and the days past due.
    berdasarkan karakteristik risiko kredit yang
    sejenis dan pola tunggakan atau gagal bayar.




                                                       - 50 -
Page 301
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                            PT DUTA PERTIWI Tbk 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,                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


     Manajemen berpendapat bahwa cadangan                           Management believes that the allowance for
     kerugian penurunan nilai pada tanggal                          impairment as of December 31, 2024 and 2023
     31 Desember 2024 dan 2023 memadai untuk                        is adequate to cover possible losses from
     menutup kemungkinan kerugian dari tidak                        uncollectible accounts.
     tertagihnya piutang.

     Pada tanggal 31 Desember 2024 dan 2023,                        As of December 31, 2024 and 2023, trade
     termasuk    dalam   piutang   usaha     pihak                  accounts receivable from third party amounting
     ketiga adalah piutang usaha buy back                           to Rp 55,911,857,584 and Rp 21,578,977,057,
     masing-masing sebesar Rp 55.911.857.584 dan                    respectively, represent “buy-back receivables”.
     Rp 21.578.977.057. Piutang usaha buy back                      These “buy-back receivables” represent
     merupakan piutang dari konsumen yang                           receivables from customers who defaulted in
     menunggak pembayaran cicilan Kredit Pemilikan                  paying their housing loans, which were bought
     Rumah (KPR) yang dibeli kembali oleh                           back by the Company from the banks at its
     Perusahaan dari bank sebesar sisa tagihan                      outstanding balance, in accordance with their
     cicilan  KPR    sesuai   dengan     perjanjian                 agreement (Note 44).
     (Catatan 44).

     Manajemen berpendapat bahwa tidak terdapat                     Management believes that there are no
     risiko terkonsentrasi secara signifikan atas                   significant concentrations of credit risk in trade
     piutang dari pihak ketiga.                                     accounts receivable from third parties.

     Pada tanggal 31 Desember 2024 dan 2023, tidak                  There are no trade accounts receivable that are
     terdapat piutang usaha yang dijadikan sebagai                  used as collateral as of December 31, 2024 and
     jaminan.                                                       2023.


7.   Piutang Lain-Lain                                         7.   Other Accounts Receivable

     Akun ini terdiri dari piutang bunga atas deposito              This account consists mainly of interest
     berjangka dan jasa pemeliharaan.                               receivable from time deposits and receivables
                                                                    related to maintenance services.

     Perubahan dalam cadangan kerugian penurunan                    The changes in allowance for impairment of
     nilai piutang lain-lain adalah sebagai berikut:                other accounts receivable are detailed as
                                                                    follows:

                                              2024                  2023

     Saldo awal                                27.784.089            24.131.757     Beginning balance
     Penambahan (pemulihan) - bersih          (16.592.525)            3.652.332     Provisions (recoveries) - net

     Saldo akhir                               11.191.564            27.784.089     Ending balance



     Manajemen berpendapat bahwa cadangan                           Management believes that the allowance for
     kerugian penurunan nilai pada tanggal                          impairment as of December 31, 2024 and 2023
     31 Desember 2024 dan 2023 memadai untuk                        is adequate to cover possible losses from
     menutup kemungkinan kerugian dari tidak                        uncollectible accounts.
     tertagihnya piutang.


8.   Persediaan                                                8.   Inventories

                                               2024                  2023

     Persediaan real estat               3.356.923.998.633      4.024.419.216.581    Real estate inventories
     Persediaan dari hotel dan lainnya       1.244.472.909          1.297.709.263    Hotel and others inventories

     Jumlah                              3.358.168.471.542      4.025.716.925.844    Total




                                                      - 51 -
Page 302
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                  PT DUTA PERTIWI Tbk 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,                                               (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)


    a.   Persediaan Real Estat                                           a.   Real Estate Inventories

                                                      2024                    2023

         Tanah dan bangunan yang siap dijual:                                                Land and buildings ready for sale:
           Aerium                                 468.539.510.664        766.471.891.605       Aerium
           South Gate                             462.978.810.544        653.052.618.023       South Gate
           Klaska Residence                       125.464.411.455        158.532.846.448       Klaska Residence
           Mega ITC Cempaka Mas                   118.310.808.601        118.310.808.601       Mega ITC Cempaka Mas
           Grand Wisata                           105.897.361.330        137.013.823.679       Grand Wisata
           Mangga Dua                              93.540.699.700         93.540.699.700       Mangga Dua
           ITC Depok                               87.189.449.907         87.189.449.907       ITC Depok
           ITC Mangga Dua                          65.175.372.001         53.374.372.001       ITC Mangga Dua
           Superblok Ambasador Kuningan                                                        Superblok Ambasador Kuningan
             dan ITC Kuningan                      46.181.288.298         46.181.288.298         and ITC Kuningan
           Roxy Mas                                43.176.965.336         43.176.965.336       Roxy Mas
           Harco Mas                               17.886.209.342         17.886.209.342       Harco Mas
           Duta Mas Fatmawati                      14.193.543.561         14.193.543.561       Duta Mas Fatmawati
           Kota Wisata                              8.488.046.618          8.488.046.618       Kota Wisata
           Kota Bunga                               5.898.725.233          5.898.725.233       Kota Bunga
           Banjar Wijaya                            5.535.229.438          8.543.225.152       Banjar Wijaya
           Juanda                                   5.440.000.000          5.440.000.000       Juanda
           Graha Cempaka Mas                        2.845.392.132          2.845.392.132       Graha Cempaka Mas
           Wisma Eka Jiwa                           1.083.342.405          1.083.342.405       Wisma Eka Jiwa
           Mangga Dua Center                          199.778.090            199.778.090       Mangga Dua Center
           Legenda Wisata                             169.133.327            169.133.327       Legenda Wisata
           Jumlah                               1.678.194.077.982       2.221.592.159.458      Subtotal

         Bangunan yang sedang dikonstruksi:                                                  Buildings under construction:
           Aerium                                 169.310.824.044        169.310.824.044       Aerium
           Kota Wisata                            130.409.485.050        206.560.727.795       Kota Wisata
           South Gate                              97.527.274.059         86.421.478.668       South Gate
           Grand Wisata                            52.153.124.979        236.408.599.538       Grand Wisata
           Banjar Wijaya                           21.880.464.862         12.686.027.494       Banjar Wijaya
           Klaska Residence                        18.508.023.060         20.706.206.957       Klaska Residence
           Legenda Wisata                           6.493.713.855         12.364.763.169       Legenda Wisata
           Jumlah                                 496.282.909.909        744.458.627.665       Subtotal

         Tanah yang sedang dikembangkan:                                                     Land under development:
           Kota Wisata                            558.116.240.555        449.809.258.490       Kota Wisata
           Grand Wisata                           496.874.963.341        463.191.479.679       Grand Wisata
           Kota Bunga                              34.580.905.087         34.580.905.087       Kota Bunga
           Legenda Wisata                          31.301.669.365         35.078.932.086       Legenda Wisata
           Taman Permata Buana                     22.482.143.841         42.513.892.259       Taman Permata Buana
           Banjar Wijaya                           15.368.309.809          9.909.445.095       Banjar Wijaya
           South Gate                              12.796.305.082         12.796.305.082       South Gate
           Klaska Residence                         6.550.153.272          6.111.891.290       Klaska Residence
           Aerium                                   4.376.320.390          4.376.320.390       Aerium
           Jumlah                               1.182.447.010.742       1.058.368.429.458      Subtotal

         Jumlah                                 3.356.923.998.633       4.024.419.216.581    Total

         Mutasi persediaan tanah dan bangunan                            Movements of land and buildings ready for sale
         yang siap dijual adalah sebagai berikut:                        follows:

                                                      2024                    2023

         Saldo awal                              2.221.592.159.458      1.013.321.135.283    Beginning balance
         Penambahan selama tahun berjalan        1.080.337.767.923      2.636.077.372.952    Additions during the year
         Pengurangan selama tahun berjalan      (1.623.735.849.399)    (1.427.806.348.777)   Deductions during the year

         Saldo akhir                            1.678.194.077.982       2.221.592.159.458    Ending balance




                                                         - 52 -
Page 303
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                   PT DUTA PERTIWI Tbk 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,                                                (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)

        Mutasi bangunan yang sedang dikonstruksi                          Movements of buildings under construction
        adalah sebagai berikut:                                           follows:
                                                       2024                    2023

        Saldo awal                                 744.458.627.665       1.858.265.247.092     Beginning balance
        Penambahan selama tahun berjalan           481.754.968.751       1.025.404.699.173     Additions during the year
        Pengurangan selama tahun berjalan         (729.930.686.507)     (2.139.211.318.600)    Deductions during the year

        Saldo akhir                                496.282.909.909         744.458.627.665     Ending balance

        Persentase nilai tercatat bangunan yang                                 Percentage of cost of buildings under
        sedang dikonstruksi terhadap nilai kontrak                              construction to the total contract price of
        atau proyek adalah sebagai berikut:                                     the project follows:
                                              2024                                        2023
                               Bangunan yang       % nilai terhadap        Bangunan yang       % nilai terhadap
                             sedang dikonstruksi/   nilai kontrak/       sedang dikonstruksi/   nilai kontrak/
                               Buildings under    % to the contract        Buildings under    % to the contract
                                construction           amount               construction           amount
                                                           %                                           %

        Aerium                  169.310.824.044           64                169.310.824.044          64           Aerium
        Kota Wisata             130.409.485.050           76                206.560.727.795          98           Kota Wisata
        South Gate               97.527.274.059           95                 86.421.478.668          96           South Gate
        Grand Wisata             52.153.124.979           37                236.408.599.538          50           Grand Wisata
        Banjar Wijaya            21.880.464.862           98                 12.686.027.494          88           Banjar Wijaya
        Klaska Residence         18.508.023.060           98                 20.706.206.957          96           Klaska Residence
        Legenda Wisata            6.493.713.855           88                 12.364.763.169          79           Legenda Wisata
        Jumlah                  496.282.909.909                             744.458.627.665                       Total

        Mutasi tanah yang sedang dikembangkan                                   Movement in land under development
        adalah sebagai berikut:                                                 follows:

                                                       2024                     2023

        Saldo awal                                1.058.368.429.458        985.542.722.756     Beginning balance
        Penambahan selama tahun berjalan            440.012.681.120        566.935.907.822     Additions during the year
        Reklasifikasi                               (13.178.276.392)        (5.387.514.000)    Reclassification
        Pengurangan selama tahun berjalan          (302.755.823.444)      (488.722.687.120)    Deductions during the year

        Saldo akhir                               1.182.447.010.742      1.058.368.429.458     Ending balance

        Estimasi penyelesaian bangunan yang                                     Estimated completion of buildings under
        sedang     dikonstruksi  pada    tanggal                                construction as of December 31, 2024 is
        31 Desember 2024 adalah pada tahun 2025                                 between 2025 until 2026. While, estimated
        sampai dengan 2026. Sedangkan, estimasi                                 completion of buildings under construction
        penyelesaian bangunan yang sedang                                       as of December 31, 2023 is in 2024.
        dikonstruksi pada tanggal 31 Desember                                   Management believes that there will be no
        2023 adalah pada tahun 2024. Manajemen                                  difficulties in completing the project on
        berkeyakinan tidak terdapat hambatan                                    expected dates of completion.
        dalam kelanjutan penyelesaian proyek-
        proyek tersebut.

        Jumlah persediaan tanah dan bangunan                                    Total    inventories ready   for  sale
        yang    siap   dijual   yang     pengikatan                             which already have sales and purchase
        jual   belinya   telah    berlaku   namun                               agreements      but  had    not  been
        penjualannya belum diakui pada tanggal                                  recognized as sales as of December 31,
        31    Desember        2024     dan    2023                              2024 and 2023, represent 17.69% and
        masing-masing adalah sebesar 17,69% dan                                 14.06%, respectively, of the total
        14,06% dari jumlah persediaan.                                          inventories.




                                                          - 53 -
Page 304
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                  PT DUTA PERTIWI Tbk 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,                                               (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)

          Reklasifikasi pada tahun 2024 dan 2023                                  Reclassification in 2024 and 2023
          merupakan reklasifikasi dari tanah yang                                 represents reclassification from land under
          sedang dikembangkan masing-masing                                       development to investment properties
          sebesar      Rp    13.178.276.392   dan                                 amounting to Rp 13,178,276,392 and
          Rp 5.387.514.000 ke properti investasi                                  Rp 5,387,514,000, respectively (Note 16).
          (Catatan 16).

          Grup melakukan peninjauan berkala atas                                  The Group regularly reviews the carrying
          jumlah     tercatat      persediaan, untuk                              value of the real estate inventories to
          memastikan bahwa jumlah tercatatnya tidak                               ensure that the recorded values do not
          melebihi nilai realisasi bersih.                                        exceed the net realizable values.

          Pada tanggal 31 Desember 2024 dan 2023,                                 As of December 31, 2024 and 2023, all
          seluruh persediaan yang dimiliki adalah atas                            inventories are under the name of the
          nama Grup.                                                              Group.

          Persediaan          real       estat       telah                        The     real    estate    inventories   are
          diasuransikan terhadap risiko kebakaran                                 insured      against   fire    and    other
          dan        risiko        lainnya         kepada                         possible losses with PT Asuransi Sinar
          PT Asuransi Sinar Mas (ASM), pihak                                      Mas (ASM), a related party (Note 42),
          berelasi       (Catatan       42),      dengan                          for a sum of Rp 2,322,267,113,105
          jumlah          pertanggungan           sebesar                         and      US$      319,203,942      as    of
          Rp           2.322.267.113.105              dan                         December 31, 2024 and for a sum
          US$       319.203.942         pada       tanggal                        of     Rp       2,364,899,029,766      and
          31    Desember        2024       dan    sebesar                         US$ 325,432,913 as of December 31,
          Rp           2.364.899.029.766              dan                         2023. The insurance coverage includes
          US$       325.432.913         pada       tanggal                        that for investment properties (Note 16).
          31 Desember 2023. Jumlah pertanggungan                                  Management believes that the insurance
          merupakan          jumlah        pertanggungan                          coverages are adequate to cover possible
          gabungan       dengan      asuransi     properti                        losses on the assets insured.
          investasi     (Catatan      16).    Manajemen
          berkeyakinan bahwa nilai pertanggungan
          tersebut cukup untuk menutup kemungkinan
          kerugian        atas      persediaan       yang
          dipertanggungkan.

     b.   Persediaan dari Hotel dan Lainnya                                b.     Hotel and Other Inventories

                                                        2024                     2023

           Makanan dan minuman                          571.950.382              601.753.455     Food and beverages
           Perlengkapan                                 335.011.709              364.495.494     Supplies
           Lain-lain                                    337.510.818              331.460.314     Others
           Jumlah                                   1.244.472.909               1.297.709.263    Total

          Manajemen berkeyakinan bahwa nilai                                      Management        believes   that    the
          tercatat persediaan hotel dan lainnya                                   carrying amounts of the hotel and
          tersebut tidak melampaui nilai realisasi                                other   inventories    do  not    exceed
          bersihnya pada tanggal 31 Desember 2024                                 the net realizable values as of
          dan 2023.                                                               December 31, 2024 and 2023.


9.   Uang Muka                                                     9.      Advances

                                                 2024                     2023
     Pembelian tanah                         106.282.593.000             3.905.355.500   Land acquisition
     Promosi                                  35.215.337.904            12.199.439.755   Promotion
     Perijinan                                 3.884.657.321             4.035.925.924   Permit
     Properti investasi                                    -             1.470.164.700   Investment properties
     Lain-lain                                 5.985.083.094             5.712.082.596   Others

     Jumlah                                  151.367.671.319            27.322.968.475   Total




                                                          - 54 -
Page 305
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                           PT DUTA PERTIWI Tbk 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,                                        (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                            unless Otherwise Stated)


10.   Pajak Dibayar Dimuka                                    10.    Prepaid Taxes

                                              2024                      2023

      Pajak penghasilan                                                                Income taxes
        Pasal 4 ayat 2                                                                   Article 4 paragraph 2
          (6% dan 10%) (Catatan 40)        28.453.837.824            40.714.837.880        (6% and 10%) (Note 40)
        Pasal 4 ayat 2                                                                   Article 4 paragraph 2
          (2,5%) (Catatan 40)              38.642.367.289            60.397.388.794        (2.5%) (Note 40)
        Pasal 21                               22.111.650                24.763.677      Article 21
        Pasal 22                              135.496.846                         -      Article 22
        Pasal 23                            3.218.290.751             3.296.085.218      Article 23
        Pasal 25                            1.349.220.550               772.107.095      Article 25
      Pajak Pertambahan Nilai - bersih    239.873.203.601           231.907.854.545    Value Added Tax - net

      Jumlah                              311.694.528.511           337.113.037.209    Total




11.   Biaya Dibayar Dimuka                                    11.    Prepaid Expenses

                                              2024                      2023

      Beban untuk mendapatkan kontrak                                                  Costs to obtain contracts with
        dengan pelanggan                   28.378.819.739            42.198.296.179      customers
      Asuransi                                     93.749                    93.748    Insurance
      Sewa                                              -                83.333.332    Rent
      Lain-lain                             4.336.664.773             7.118.925.077    Others

      Jumlah                               32.715.578.261            49.400.648.336    Total


      Beban dari kontrak dengan pelanggan                            Costs to obtain contracts with customers
      merupakan biaya komisi penjualan. Beban                        represent sales commission. Such costs are
      tersebut diamortisasi dengan cara sistematis                   amortized on a systematic basis that is
      sejalan dengan penyerahan unit real estat                      consistent with the transfer of the real estate
      kepada pelanggan. Amortisasi dari biaya yang                   unit to the customers. The amortization
      terjadi untuk mendapatkan kontrak dicatat                      recognized from cost to obtain contracts was
      sebagai    bagian    dari beban     penjualan                  recorded as a part of selling expenses
      (Catatan 35).                                                  (Note 35).

      Mutasi dari beban untuk mendapatkan kontrak                    The movement of costs to obtain contracts with
      dengan pelanggan adalah sebagai berikut:                       customers is as follows:

                                              2024                      2023

      Saldo awal                           42.198.296.179            39.199.664.596    Beginning balance
      Penambahan tahun berjalan            62.259.749.524            58.738.081.770    Additions during the year
      Amortisasi sebagai beban            (76.079.225.964)          (55.739.450.187)   Amortized as expense

      Saldo akhir                          28.378.819.739            42.198.296.179    Ending balance


      Biaya dibayar dimuka disajikan dalam laporan                   Prepaid    expenses     are     presented      in
      posisi keuangan konsolidasian sebagai:                         consolidated statements of financial position as:

                                              2024                      2023

      Aset lancar                          24.726.987.812            36.815.757.798    Current assets
      Aset tidak lancar                     7.988.590.449            12.584.890.538    Noncurrent assets

      Jumlah                               32.715.578.261            49.400.648.336    Total




                                                     - 55 -
Page 306
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                   PT DUTA PERTIWI Tbk 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,                                                                                (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                                    unless Otherwise Stated)


12.   Investasi dalam Saham                                                                           12.    Investments in Shares

                                                                                2024                             2023

      Asosiasi                                                       584.727.817.790                        566.665.809.688              Associates
      Ventura bersama                                                 22.647.710.550                         23.231.959.431              Joint ventures

      Jumlah                                                         607.375.528.340                        589.897.769.119              Total

      Rincian entitas asosiasi dan ventura bersama                                                           Details of Group’s associates and joint ventures
      dari Grup pada tanggal 31 Desember 2024 dan                                                            as of December 31, 2024 and 2023 follows:
      2023 adalah sebagai berikut:

                                                                                                                   Kepemilikan dan
                                                                         Lokasi Usaha/                               Hak Suara/
                                                                        Negara Domisili/                           Ownership and
                          Nama Entitas/                                Place of Business/                           Voting Rights                                Aktivitas Utama/
                          Name of Entity                             Country of Incorporation                             %                                      Principal Activity

      Asosiasi/Associates
         PT Matra Olahcipta                                                      Indonesia                                  50,00                   Pusat perbelanjaan/Shopping center
         PT Citraagung Tirta Jatim                                               Indonesia                                  40,00                   Pusat perbelanjaan/Shopping center
         PT Sahabat Kota Wisata                                                  Indonesia                                  40,00                   Pusat perbelanjaan/Shopping center
         PT Sahabat Duta Wisata                                                  Indonesia                                  40,00                   Pusat perbelanjaan/Shopping center
         PT Binamaju Mitra Sejati                                                Indonesia                                  25,50                   Perumahan/Real estate
         PT Keikyu Itomas Indonesia                                              Indonesia                                  10,00                   Perumahan/Real estate
         PT Bumi Paramudita Mas                                                  Indonesia                                  0,01                    Belum beroperasi komersial/No
                                                                                                                                                     commercial operation

      Ventura Bersama/Joint Ventures
         BKS Pasar Pagi - ITC Mangga Dua                                         Indonesia                                  40,00                   Pusat perbelanjaan/Shopping center
         PT Duti Diamond Development                                             Indonesia                                  30,00                   Perumahan/Real estate


      a.   Entitas Asosiasi                                                                                   a.       Associates

           Investasi dalam entitas asosiasi adalah                                                                     The details of investments in associates
           sebagai berikut:                                                                                            follows:
                                                                                                                Perubahan selama Tahun 2024/
                                                                                                                    Changes during 2024
                                                                   Nilai                                                                                                                 Nilai
                                                              Penyertaan                                                                                    Ekuitas pada            Penyertaan
                                                              Awal Tahun/                                                           Ekuitas pada            Penghasilan             Akhir Tahun/
                                            Persentase      Carrying Value of          Pembagian             Penambahan             Laba (Rugi)          Komprehensif Lain/       Carrying Value of
                                            Kepemilikan/   Investments at the          Keuntungan/           Penyertaan/               Bersih/             Share in Other        Investments at the
                    Nama Entitas/          Percentage of       Beginning                  Profit              Addition on           Share in Net          Comprehensive              End of the
                  Name of Companies          Ownership         of the Year             Distribution          Investments            Profit (Loss)             Income                    Year
                                                %

           PT Matra Olahcipta                  50,00           62.360.913.152                         -                      -        (3.115.390.789)            36.253.589          59.281.775.952
           PT Citraagung Tirta Jatim           40,00            5.721.466.891                         -                      -         1.232.526.746             11.843.613           6.965.837.250
           PT Sahabat Kota Wisata              40,00          243.319.993.907                         -                      -       (11.958.775.471)                     -         231.361.218.436
           PT Sahabat Duta Wisata              40,00          164.264.946.887                         -                      -        (3.739.014.018)                     -         160.525.932.869
           PT Binamaju Mitra Sejati            25,50           33.211.006.476           (10.200.000.000)                     -        43.119.314.750             12.146.567          66.142.467.793
           PT Keikyu Itomas Indonesia          10,00           57.787.481.664                         -                      -         2.663.103.125                      -          60.450.584.789
           PT Bumi Paramudita Mas               0,01                      711                         -                      -                   (10)                     -                     701

           Jumlah/Total                                       566.665.809.688           (10.200.000.000)                     -        28.201.764.333             60.243.769         584.727.817.790



                                                                                                                 Perubahan selama Tahun 2023/
                                                                                                                     Changes during 2023
                                                                   Nilai                                                                                                                  Nilai
                                                               Penyertaan                                                                                    Ekuitas pada             Penyertaan
                                                              Awal Tahun/                                                           Ekuitas pada                 Rugi                Akhir Tahun/
                                            Persentase      Carrying Value of          Pembagian             Penambahan             Laba (Rugi)           Komprehensif Lain/       Carrying Value of
                                            Kepemilikan/   Investments at the          Keuntungan/           Penyertaan/               Bersih/              Share in Other        Investments at the
                    Nama Entitas/          Percentage of       Beginning                  Profit              Addition on           Share in Net           Comprehensive              End of the
                  Name of Companies          Ownership         of the Year             Distribution          Investments            Profit (Loss)               Loss                     Year
                                                %

           PT Matra Olahcipta                  50,00           62.983.332.450                         -                     -            (546.770.093)            (75.649.205)        62.360.913.152
           PT Citraagung Tirta Jatim           40,00            4.403.101.686                         -                     -           1.363.085.048             (44.719.843)         5.721.466.891
           PT Sahabat Kota Wisata              40,00          170.709.391.914                         -        73.764.000.000          (1.153.398.007)                      -        243.319.993.907
           PT Sahabat Duta Wisata              40,00           96.947.506.702                         -        66.880.000.000             437.440.185                       -        164.264.946.887
           PT Binamaju Mitra Sejati            25,50           26.791.472.299           (10.200.000.000)                    -          16.660.345.615             (40.811.438)        33.211.006.476
           PT Keikyu Itomas Indonesia          10,00           54.672.262.662                         -                     -           3.115.219.002                       -         57.787.481.664
           PT Bumi Paramudita Mas               0,01                      774                         -                     -                     (63)                      -                    711

           Jumlah/Total                                       416.507.068.487           (10.200.000.000)      140.644.000.000          19.875.921.687            (161.180.486)       566.665.809.688




                                                                                       - 56 -
Page 307
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                       PT DUTA PERTIWI Tbk 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,                                    (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                        unless Otherwise Stated)


        PT Sahabat Kota Wisata (SKW)                               PT Sahabat Kota Wisata (SKW)

        Berdasarkan Pernyataan Keputusan Para                      Based on the Stockholders’ Decision
        Pemegang        Saham      SKW        yang                 Statement of SKW which documented on
        didokumentasikan dalam Akta No. 66                         Notarial Deed No. 66 dated February 24,
        tanggal 24 Februari 2023 dari Ira Sudjono,                 2023 of Ira Sudjono, S.H., M.Hum., M.Kn.,
        S.H., M.Hum., M.Kn., M.M., M.Si., notaris di               M.M., M.Si., a public notary in Jakarta, the
        Jakarta, para pemegang saham menyetujui                    stockholders agreed to increase its
        untuk meningkatkan modal ditempatkan                       issued and paid-up capital from
        dan disetor dari Rp 655.000.000.000 terdiri                Rp 655,000,000,000 consisting of
        dari      655.000      saham       menjadi                 655,000 shares to Rp 766,800,000,000
        Rp 766.800.000.000 terdiri dari 766.800                    consisting of 766,800 shares. The
        saham. Kenaikan ini dilakukan secara                       increase in paid-up capital was done
        proporsional      sehingga       komposisi                 proportionately, thus, no change in
        persentase kepemilikan saham sebelum                       ownership interest of the stockholders.
        dan sesudah kenaikan modal tidak
        berubah.

        Berdasarkan Pernyataan Keputusan Para                      Based on the Stockholders’ Decision
        Pemegang         Saham       SKW       yang                Statement of SKW which documented on
        didokumentasikan dalam Akta No. 28                         Notarial Deed No. 28 dated July 21, 2023
        tanggal 21 Juli 2023 dari Ira Sudjono, S.H.,               of Ira Sudjono, S.H., M.Hum., M.Kn.,
        M.Hum., M.Kn., M.M., M.Si., notaris di                     M.M., M.Si., a public notary in Jakarta, the
        Jakarta, para pemegang saham menyetujui                    stockholders agreed to increase its
        untuk meningkatkan modal ditempatkan                       issued and paid-up capital from
        dan disetor dari Rp 766.800.000.000 terdiri                Rp 766,800,000,000 consisting of
        dari      766.800       saham       menjadi                766,800 shares to Rp 839,410,000,000
        Rp 839.410.000.000 terdiri dari 839.410                    consisting of 839,410 shares. The
        saham. Kenaikan ini dilakukan secara                       increase in paid-up capital was done
        proporsional       sehingga       komposisi                proportionately, thus, no change in
        persentase kepemilikan saham sebelum                       ownership interest of the stockholders.
        dan sesudah kenaikan modal tidak
        berubah.

        PT Sahabat Duta Wisata (SDW)                               PT Sahabat Duta Wisata (SDW)

        Berdasarkan     Pernyataan     Keputusan                   Based      on     Stockholders’   Decision
        Para Pemegang Saham SDW yang                               Statement      of    SDW     which     was
        didokumentasikan dalam Akta No. 14                         documented on Notarial Deed No. 14
        tanggal 3 November 2023 dari Ira Sudjono,                  dated November 3, 2023 of Ira Sudjono,
        S.H., M.Hum., M.Kn., M.M., M.Si., notaris di               S.H., M.Hum., M.Kn., M.M., M.Si., a public
        Jakarta, para pemegang saham menyetujui                    notary in Jakarta, the stockholders agreed
        untuk meningkatkan modal ditempatkan                       to increase its issued and paid-up capital
        dan disetor dari Rp 513.000.000.000                        from Rp 513,000,000,000 consisting of
        terdiri dari 513.000 saham menjadi                         513,000 shares to Rp 680,200,000,000
        Rp 680.200.000.000 terdiri dari 680.200                    consisting of 680,200 shares. The
        saham. Kenaikan tersebut dilakukan secara                  increase in paid-up capital was done
        proporsional     sehingga       komposisi                  proportionately, thus, no change in
        persentase kepemilikan saham sebelum                       ownership interest of the stockholders.
        dan sesudah kenaikan modal tidak                           This change has received notification of
        berubah. Perubahan ini telah mendapat                      acceptance from the Minister of Law and
        penerimaan       pemberitahuan         dari                Human Rights of the Republic of
        Kementerian Hukum dan Hak Asasi                            Indonesia based on his Acceptance Letter
        Manusia Republik Indonesia dengan Surat                    No.     AHU-AH.01.03-0138393         dated
        Penerimaan No. AHU-AH.01.03-0138393                        November 7, 2023.
        tanggal 7 November 2023.




                                                  - 57 -
Page 308
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                     PT DUTA PERTIWI Tbk 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,                                                                  (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                      unless Otherwise Stated)


        PT Binamaju Mitra Sejati (BMS)                                                                  PT Binamaju Mitra Sejati (BMS)

        Pada tahun 2024 dan 2023, BMS                                                                   In 2024 and 2023, BMS agreed to
        membagikan     dividen tunai  kepada                                                            distribute cash dividends to stockholders
        pemegang saham masing-masing sebesar                                                            amounting to Rp 40,000,000,000,
        Rp 40.000.000.000 atau setara dengan                                                            respectively or equivalent to Rp 20,000
        Rp 20.000 per lembar saham. Bagian                                                              per share. The share of the Company on
        Perusahaan atas pembagian dividen                                                               these cash dividends amounted to
        tunai adalah masing-masing sebesar                                                              Rp 10,200,000,000, respectively.
        Rp 10.200.000.000.

        Grup tidak memiliki bagian atas liabilitas                                                      The Group has no share of any contingent
        kontinjensi atau komitmen permodalan                                                            liabilities or capital commitments of the
        dari entitas asosiasi pada tanggal                                                              associates as of December 31, 2024 and
        31 Desember 2024 dan 2023.                                                                      2023.

        Ikhtisar informasi keuangan entitas                                                             The following summarizes the financial
        asosiasi, tanpa disesuaikan dengan                                                              information relating to material associates,
        proporsi kepemilikan Grup, adalah sebagai                                                       not adjusted for proportion of ownership:
        berikut:
                                                                                                      2024
                                          PT Matra         PT Citraagung       PT Sahabat           PT Sahabat          PT Binamaju         PT Keikyu         PT Bumi
                                          Olahcipta         Tirta Jatim        Kota Wisata          Duta Wisata          Mitra Sejati   Itomas Indonesia   Paramudita Mas

         Aset/Assets
           Lancar/Current              139.355.048.503     43.201.297.363     216.900.367.450       98.029.070.096    291.697.132.066   625.662.205.276         28.731.106
           Tidak lancar/Noncurrent         269.915.087    116.835.565.543   1.623.239.888.586    1.164.599.283.485     59.185.014.307                 -    732.669.578.935

         Jumlah/Total                  139.624.963.590    160.036.862.906   1.840.140.256.036    1.262.628.353.581    350.882.146.373   625.662.205.276    732.698.310.041

         Liabilitas/Liabilities
           Jangka pendek/Current        13.423.450.682     32.754.211.745     174.252.334.413       46.606.928.744    116.321.998.677    19.438.068.295         20.750.340
           Jangka panjang/Noncurrent     8.455.313.804    109.868.058.038     836.840.291.428      544.776.329.546      4.111.144.075     1.719.179.571                  -

         Jumlah/Total                   21.878.764.486    142.622.269.783   1.011.092.625.841      591.383.258.290    120.433.142.752    21.157.247.866         20.750.340

         Pendapatan/Revenue              4.802.572.236     65.354.083.600     119.938.383.348                    -    311.551.226.583     8.386.377.037                  -
         Beban/Expenses                  2.309.166.177     64.655.085.520     118.315.896.159        9.292.928.863    135.557.120.318     8.652.695.622        379.124.251
         Laba (rugi) bersih/
           Net profit (loss)            (6.230.781.577)     3.081.316.864     (29.896.938.677)      (9.347.535.045)   169.095.351.960    26.630.140.775    (10.642.340.896)



                                                                                                     2023
                                          PT Matra        PT Citraagung        PT Sahabat          PT Sahabat          PT Binamaju          PT Keikyu         PT Bumi
                                          Olahcipta        Tirta Jatim         Kota Wisata         Duta Wisata          Mitra Sejati    Itomas Indonesia   Paramudita Mas

        Aset/Assets
          Lancar/Current               141.607.020.291     46.780.770.840     172.455.275.753     182.959.054.108     254.777.761.634   612.071.007.556        409.209.054
          Tidak lancar/Noncurrent          831.775.032    133.406.497.290   1.274.032.928.939     854.796.823.506      62.572.423.699                 -    742.939.069.011

        Jumlah/Total                   142.438.795.323    180.187.268.130   1.446.488.204.692    1.037.755.877.614    317.350.185.333   612.071.007.556    743.348.278.065

        Liabilitas/Liabilities
          Jangka pendek/Current         12.138.561.601     33.975.802.954       5.112.313.340      50.592.006.202     210.401.600.794    34.196.190.921         27.485.544
          Jangka panjang/Noncurrent      6.395.760.218    131.907.797.949     582.431.322.480     306.571.241.076       5.642.566.474                 -                  -

        Jumlah/Total                    18.534.321.819    165.883.600.903     587.543.635.820     357.163.247.278     216.044.167.268    34.196.190.921         27.485.544

        Pendapatan/Revenue               9.456.646.839     65.362.655.134                   -                   -     164.808.534.261   100.420.094.186                 -
        Beban/Expenses                   2.579.849.788     64.229.049.910       4.045.362.836       1.556.666.603      97.212.294.379   101.267.207.155       368.446.135
        Laba (rugi) bersih/
          Net profit (loss)             (1.093.540.187)     3.407.712.620      (2.883.495.019)      1.093.600.463      65.334.688.686    31.152.190.043     (5.290.200.997)




                                                                            - 58 -
Page 309
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                            PT DUTA PERTIWI Tbk 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,                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


    b.   Ventura Bersama                                            b.    Joint Ventures

         Perubahan dalam kepentingan pada                                 Movement of interests in the joint ventures
         ventura bersama, adalah sebagai berikut:                         is summarized as follows:

                                              2024                       2023

          Saldo awal                       23.231.959.431          30.738.291.569      Beginning balance
          Penambahan penyertaan                         -           5.775.000.000      Additional investments
          Ekuitas pada rugi bersih                                                     Share in net loss during
            tahun berjalan                   (584.248.881)         (13.275.294.165)     the year
          Ekuitas pada rugi                                                            Share in other comprehensive
            komprehensif lain                               -            (6.037.973)    loss

          Saldo akhir                       22.647.710.550          23.231.959.431     Ending balance

         PT Duti Diamond Development (DDD)                                PT Duti Diamond Development (DDD)

         Berdasarkan      Pernyataan      Keputusan                       Based on the Stockholders’ Circular
         Sirkuler Para Pemegang Saham DDD yang                            Decision Statement of DDD which
         didokumentasikan dalam Akta No. 54                               documented on Notarial Deed No. 54
         tanggal 28 Februari 2023 dari Khrisna                            dated February 28, 2023 of Khrisna
         Sanjaya, S.H., M.Kn., notaris di Tangerang                       Sanjaya, S.H., M.Kn., a public notary in
         Selatan, para pemegang saham menyetujui                          South Tangerang, the stockholders
         untuk meningkatkan modal ditempatkan                             agreed to increase its issued and paid-up
         dan disetor dari Rp 363.000.000.000 terdiri                      capital   from    Rp      363,000,000,000
         dari      363.000      saham        menjadi                      consisting of 363,000 shares to
         Rp 382.250.000.000 terdiri dari 382.250                          Rp 382,250,000,000 consisting of
         saham. Kenaikan ini dilakukan secara                             382,250 shares. The increase in paid-up
         proporsional      sehingga        komposisi                      capital was done proportionately, thus,
         persentase kepemilikan saham sebelum                             no change in ownership interest of
         dan sesudah kenaikan modal tidak                                 the stockholders. The notifications of
         berubah. Perubahan ini telah mendapat                            acceptance for this change was received
         penerimaan        pemberitahuan        dari                      by the Minister of Law and Human
         Kementerian Hukum dan Hak Asasi                                  Rights      of    the      Republic    of
         Manusia Republik Indonesia melalui Surat                         Indonesia through his Acceptance Letter
         Penerimaan No. AHU-AH.01.03-0039534                              No.     AHU-AH.01.03-0039534        dated
         tanggal 13 Maret 2023.                                           March 13, 2023.

         Grup tidak memiliki bagian atas liabilitas                       The Group has no share of any contingent
         kontinjensi atau komitmen permodalan                             liabilities or capital commitments of joint
         dari ventura bersama pada tanggal                                ventures as of December 31, 2024 and
         31 Desember 2024 dan 2023.                                       2023.




                                                  - 59 -
Page 310
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                           PT DUTA PERTIWI Tbk 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,                                        (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                            unless Otherwise Stated)


        Ikhtisar informasi keuangan ventura                             The following summarizes the financial
        bersama, tanpa disesuaikan dengan                               information relating to the joint venture,
        proporsi kepemilikan Grup, adalah sebagai                       not adjusted for proportion of ownership:
        berikut:

                                               2024                  2023

        Aset                                                                        Assets
                                                                                     Current - Cash and cash
          Lancar - kas dan setara kas        6.555.798.935        7.669.622.689         equivalents
          Lancar (tidak termasuk kas                                                 Current (excluding cash and cash
           dan setara kas)                 290.691.550.371      294.148.729.866         equivalents)
          Tidak lancar                      15.586.913.397       18.223.320.481      Noncurrent
        Jumlah                             312.834.262.703      320.041.673.036     Total

        Liabilitas                                                                  Liabilities
          Jangka pendek - utang usaha,                                                Current - Trade and other accounts
            utang lain-lain dan provisi                    -                   -        payable and provision
          Jangka pendek (tidak termasuk                                               Current (excluding trade and
            utang usaha, utang lain-lain                                                other accounts payable
            dan provisi)                        80.365.519           89.383.758         and provision)
          Jangka panjang (tidak termasuk                                              Noncurrent (excluding trade and
            utang usaha, utang lain-lain                                                other accounts payable and
            dan provisi)                    11.413.610.986       16.118.766.340         provision)
        Jumlah                              11.493.976.505       16.208.150.098     Total
        Jumlah ekuitas                     301.340.286.198      303.833.522.938     Total equity

        Pendapatan                           5.317.124.080        5.040.757.216     Revenues
        Penyusutan dan amortisasi            2.512.656.251        2.758.098.447     Depreciation and amortization
        Pendapatan bunga                       262.970.251          883.504.406     Interest income
        Rugi sebelum pajak                  (2.493.236.741)      (44.743.127.189)   Loss before tax
        Beban pajak                                       -                     -   Tax expense
        Rugi tahun berjalan                 (2.493.236.741)      (44.743.127.189)   Loss for the year
        Rugi komprehensif lain                            -          (20.126.577)   Other comprehensive loss
        Jumlah rugi komprehensif            (2.493.236.741)      (44.763.253.766)   Total comprehensive loss


    Grup tidak membentuk cadangan kerugian                        The Group did not provide allowance for
    penurunan nilai atas investasi dalam saham                    impairment in value of the aforementioned
    pada entitas-entitas di atas, karena manajemen                investments in these companies since
    berkeyakinan bahwa entitas-entitas tersebut                   management believes that these companies still
    masih memiliki potensi pertumbuhan dalam                      have long-term growth potentials as most of
    jangka panjang mengingat sebagian besar                       these companies engage in the real estate
    entitas-entitas tersebut bergerak dalam jenis                 business.
    usaha real estat.




                                                      - 60 -
Page 311
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                      PT DUTA PERTIWI Tbk 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,                                                   (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)


13.   Tanah yang Belum Dikembangkan                                     13.     Land for Development

      Terdiri dari:                                                             This account consists of:

                                                                        2024                                 2023
      Nama Proyek/            Lokasi/                  Luas Tanah/             Jumlah/         Luas Tanah/           Jumlah/
      Name of Project         Location                  Land Area              Amount           Land Area            Amount
                                                         m2/sqm                                  m2/sqm

      Roxy II              Roxy, Jakarta Pusat             177.088       1.584.374.846.541        177.019        1.456.531.081.684
      Surabaya*            Benowo, Surabaya              4.352.954       1.441.275.797.136      4.352.954        1.430.563.362.794
      Grand Wisata         Bekasi                        4.820.092         759.491.596.582      4.805.922          716.643.962.363
      Kota Wisata          Cibubur, Jawa Barat           1.594.074         713.341.889.408      1.833.685          807.649.866.946
      Bekasi *             Bekasi                          850.306         120.931.867.153        850.306          120.931.867.153
      Mangga Dua Center    Jagirwonokromo, Surabaya         24.186          17.006.207.556         24.186           16.777.807.556
      Kota Bunga           Desa Sukanagalih dan/and
                           Desa Batulawang                  64.715             8.027.054.168       64.715           8.027.054.168

      Jumlah/Total                                      11.883.415       4.644.449.258.544     12.108.787        4.557.125.002.664

      * proyek entitas anak yang masih dalam tahap pra-operasi (Catatan 1c)/
        projects of subsidiaries in pre-operating stage (Note 1c)

      Mutasi pada akun tanah yang                       belum                   Movements in land for development account
      dikembangkan adalah sebagai berikut:                                      follows:

                                                        2024                      2023

      Saldo awal                                  4.557.125.002.664       4.615.527.046.541     Beginning balance
      Penambahan selama tahun berjalan              185.795.651.808         174.158.679.230     Additions during the year
      Pengurangan selama tahun berjalan             (98.471.395.928)       (232.560.723.107)    Deductions during the year

      Saldo akhir                                 4.644.449.258.544       4.557.125.002.664     Ending balance


      Pada tanggal 31 Desember 2024 dan 2023,                                   As of December 31, 2024 and 2023, all of the
      seluruh tanah yang belum dikembangkan adalah                              land for development are under the name of the
      atas nama Grup.                                                           Group.

      Manajemen berkeyakinan bahwa tidak terdapat                               Management believes that there is no
      penurunan nilai atas aset tersebut pada tanggal                           impairment in value of the aforementioned
      31 Desember 2024 dan 2023.                                                assets as of December 31, 2024 and 2023.




                                                               - 61 -
Page 312
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                               PT DUTA PERTIWI Tbk 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,                                                            (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                unless Otherwise Stated)


14.   Aset Tetap                                                                 14.     Property and Equipment

                                                                    Perubahan selama Tahun 2024/
                                                                        Changes during 2024
                                     1 Januari 2024/    Penambahan/        Pengurangan/      Reklasifikasi/            31 Desember 2024/
                                     January 1, 2024      Additions         Deductions      Reclassifications          December 31, 2024

      Biaya perolehan:                                                                                                                      At cost:
      Kepemilikan langsung                                                                                                                  Direct acquisitions
        Tanah                         43.458.404.729                 -                  -                     -          43.458.404.729        Land
        Bangunan                     473.356.598.791                 -                  -                     -         473.356.598.791        Buildings
        Sarana pelengkap bangunan      7.628.863.303        72.762.400                  -                     -           7.701.625.703        Building improvements
        Perbaikan aset yang disewa     1.538.943.105                 -                  -                     -           1.538.943.105        Leasehold improvements
        Mesin-mesin                   99.457.340.567                 -                  -                     -          99.457.340.567        Machinery
        Inventaris                   233.516.405.836     7.111.124.907     (3.625.166.987)                    -         237.002.363.756        Furniture and fixtures
        Kendaraan                     43.522.572.639     7.990.065.825     (1.510.101.700)                    -          50.002.536.764        Transportation equipment
      Jumlah                         902.479.128.970    15.173.953.132     (5.135.268.687)                    -         912.517.813.415     Subtotal
      Aset tetap dalam pembangunan        94.994.167                 -                  -                     -                94.994.167   Construction in progress
      Jumlah                         902.574.123.137    15.173.953.132     (5.135.268.687)                    -         912.612.807.582     Total

      Akumulasi penyusutan:                                                                                                                 Accumulated depreciation:
      Kepemilikan langsung                                                                                                                  Direct acquisitions
        Bangunan                     324.645.686.971    12.211.796.890                  -           (13.754.722)        336.843.729.139        Buildings
        Sarana pelengkap bangunan      5.098.838.333       342.824.799                  -            13.754.722           5.455.417.854        Building improvements
        Perbaikan aset yang disewa     1.538.943.105                 -                  -                     -           1.538.943.105        Leasehold improvements
        Mesin-mesin                   98.279.153.557       217.561.072                  -                     -          98.496.714.629        Machinery
        Inventaris                   219.383.450.669     6.213.628.049     (3.625.166.987)                    -         221.971.911.731        Furniture and fixtures
        Kendaraan                     26.802.254.256     2.780.353.677     (1.510.101.700)                    -          28.072.506.233        Transportation equipment
      Jumlah                         675.748.326.891    21.766.164.487     (5.135.268.687)                    -         692.379.222.691     Subtotal

      Nilai Tercatat                 226.825.796.246                                                                    220.233.584.891     Net Carrying Value




                                                                    Perubahan selama Tahun 2023/
                                                                        Changes during 2023
                                     1 Januari 2023/     Penambahan/       Pengurangan/     Reklasifikasi/               31 Desember 2023/
                                     January 1, 2023       Additions        Deductions     Reclassifications             December 31, 2023

      Biaya perolehan:                                                                                                                         At cost:
      Kepemilikan langsung                                                                                                                     Direct acquisitions
        Tanah                         43.458.404.729                 -                   -                     -            43.458.404.729        Land
        Bangunan                     471.902.498.791                 -                   -         1.454.100.000           473.356.598.791        Buildings
        Sarana pelengkap bangunan      5.078.908.212     2.549.955.091                   -                     -             7.628.863.303        Building improvements
        Perbaikan aset yang disewa     1.538.943.105                 -                   -                     -             1.538.943.105        Leasehold improvements
        Mesin-mesin                   99.449.322.550         8.018.017                   -                     -            99.457.340.567        Machinery
        Inventaris                   228.034.021.296     5.482.384.540                   -                     -           233.516.405.836        Furniture and fixtures
        Kendaraan                     45.765.044.635     6.576.049.477      (8.818.521.473)                    -            43.522.572.639        Transportation equipment
      Jumlah                         895.227.143.318    14.616.407.125      (8.818.521.473)        1.454.100.000           902.479.128.970     Subtotal
      Aset tetap dalam pembangunan        924.258.667      624.835.500                       -     (1.454.100.000)               94.994.167    Construction in progress
      Jumlah                         896.151.401.985    15.241.242.625      (8.818.521.473)                        -       902.574.123.137     Total

      Akumulasi penyusutan:                                                                                                                    Accumulated depreciation:
      Kepemilikan langsung                                                                                                                     Direct acquisitions
        Bangunan                     312.440.695.665    12.204.991.306                   -                         -       324.645.686.971        Buildings
        Sarana pelengkap bangunan      5.025.236.010        73.602.323                   -                         -         5.098.838.333        Building improvements
        Perbaikan aset yang disewa     1.538.943.105                 -                   -                         -         1.538.943.105        Leasehold improvements
        Mesin-mesin                   97.022.815.595     1.256.337.962                   -                         -        98.279.153.557        Machinery
        Inventaris                   213.623.001.142     5.760.449.527                   -                         -       219.383.450.669        Furniture and fixtures
        Kendaraan                     33.450.191.813     1.997.000.612      (8.644.938.169)                        -        26.802.254.256        Transportation equipment
      Jumlah                         663.100.883.330    21.292.381.730      (8.644.938.169)                        -       675.748.326.891     Subtotal

      Nilai Tercatat                 233.050.518.655                                                                       226.825.796.246     Net Carrying Value


      Pembebanan             penyusutan       adalah       sebagai                       Depreciation expense are allocated as follows:
      berikut:

                                                              2024                               2023

      Beban pokok penjualan (Catatan 34)                    4.674.442.857                   5.713.553.832              Cost of revenues (Note 34)
      Beban umum dan administrasi                                                                                      General and administrative expenses
        (Catatan 35b)                                     15.215.712.159                13.596.293.436                   (Note 35b)
      Lain-lain - Bersih (Catatan 39)                      1.876.009.471                 1.982.534.462                 Others - Net (Note 39)

      Jumlah                                              21.766.164.487                21.292.381.730                 Total




                                                                     - 62 -
Page 313
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                            PT DUTA PERTIWI Tbk 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,                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


    Pengurangan selama tahun 2024 dan 2023                          Deductions in 2024 and 2023 include the sale
    merupakan penjualan kendaraan dengan rincian                    of transportation equipment with details as
    sebagai berikut:                                                follows:

                                                2024                      2023

    Harga jual                                  570.051.826          1.209.036.036     Selling price
    Nilai tercatat                                        -            173.583.304     Net carrying value

    Keuntungan atas penjualan                   570.051.826          1.035.452.732     Gain on sale

    Reklasifikasi pada tahun 2023 merupakan                         Reclassification      in    2023       represents
    reklasifikasi dari aset tetap dalam pembangunan                 reclassification from construction in progress to
    ke bangunan sebesar Rp 1.454.100.000.                           buildings amounting to Rp 1,454,100,000.

    Grup memiliki beberapa bidang tanah terletak di                 The Group own several parcels of land located
    Balikpapan dan Jakarta dengan rincian sebagai                   in Jakarta and Balikpapan with details follows:
    berikut:

                                                   2024 dan/and 2023

     Hotel Le Grandeur Balikpapan, Balikpapan            31.705.471.994     Hotel Le Grandeur Balikpapan, Balikpapan
     Hotel Le Grandeur Mangga Dua, Jakarta               11.513.862.855     Hotel Le Grandeur Mangga Dua, Jakarta
     Taman Permata Buana, Jakarta                           239.069.880     Taman Permata Buana, Jakarta

     Jumlah                                              43.458.404.729     Total

    Kepemilikan Grup atas tanah Hotel Le Grandeur                   The parcels of land, where Le Grandeur
    Mangga Dua, Hotel Le Grandeur Balikpapan dan                    Mangga Dua Hotel, Le Grandeur Balikpapan
    Taman Permata Buana adalah berupa hak guna                      Hotel and Taman Permata Buana are situated,
    bangunan yang jatuh tempo masing-masing                         are owned by the Group with Building Use
    pada tahun 2028, 2028, dan 2026.                                Rights (Hak Guna Bangunan or HGB) which will
                                                                    expire in 2028, 2028, and 2026, respectively.

    Aset tetap, kecuali tanah, diasuransikan                        Property and equipment, except land,
    terhadap risiko kebakaran, kerusakan, pencurian                 are insured against risks of fire, damages, theft
    dan     risiko     lainnya.    Pada     tanggal                 and other possible risks. As of December 31,
    31 Desember 2024 dan 2023, aset tetap tersebut                  2024 and 2023, these assets are insured with
    diasuransikan kepada PT Asuransi Sinar Mas,                     PT Asuransi Sinar Mas, a related party
    pihak berelasi (Catatan 42), dengan jumlah                      (Note 42), for Rp 320,234,010,317 and
    pertanggungan        masing-masing     sebesar                  US$ 23,730,329 and Rp 311,989,111,586 and
    Rp 320.234.010.317 dan US$ 23.730.329 dan                       US$ 59,979,299, respectively. Management
    Rp 311.989.111.586 dan US$ 59.979.299.                          believes that the insurance coverages are
    Manajemen        berkeyakinan    bahwa     nilai                adequate to cover possible losses on the assets
    pertanggungan tersebut cukup untuk menutup                      insured.
    kemungkinan kerugian atas aset yang
    dipertanggungkan.

    Pada tanggal 31 Desember 2024 dan 2023,                         As of December 31, 2024 and 2023, the
    estimasi nilai wajar berupa tanah dan bangunan                  estimated fair value of land and buildings of
    hotel serta bangunan dan mesin proyek Go                        Hotel and buildings and machinery of Go Wet
    Wet adalah sebesar Rp 1.257.648.000.000                         project amounted to Rp 1,257,648,000,000
    pada tanggal 5 Maret 2025 dan 28 Februari 2023                  dated March 5, 2025 and February 28, 2023
    dan sebesar Rp 1.253.097.000.000 pada tanggal                   and Rp 1,253,097,000,000 dated March 1, 2023
    1 Maret 2023 dan 28 Februari 2023, berdasarkan                  and February 28, 2023, based on report of
    hasil laporan oleh KJPP Rengganis, Hamid &                      KJPP Rengganis, Hamid & Partners, an
    Rekan, penilai independen.                                      independent appraiser.




                                                       - 63 -
Page 314
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                          PT DUTA PERTIWI Tbk 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,                                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                           unless Otherwise Stated)


      Manajemen berkeyakinan bahwa tidak terdapat                                    Management believes that there is no
      perubahan signifikan atas nilai wajar aset tetap                               significant change in the fair value of property
      selama periode sejak tanggal laporan penilai                                   and equipment from the last valuation report
      independen sampai dengan tanggal laporan                                       date up to consolidated statements of financial
      posisi keuangan konsolidasian dan tidak                                        position date and that there is no impairment in
      terdapat penurunan nilai atas aset tersebut pada                               value of the aforementioned assets as of
      tanggal 31 Desember 2024 dan 2023.                                             December 31, 2024 and 2023.


15.   Aset Hak-Guna                                                          15.     Right-of-Use Assets

                                                               Perubahan selama Tahun 2024/
                                                                    Changes during 2024
                                      1 Januari 2024/       Penambahan/         Pengurangan/         31 Desember 2024/
                                      January 1, 2024         Additions          Deductions          December 31, 2024

      Biaya perolehan:                                                                                                   At cost:
        Tanah                              3.889.000.000                 -                      -        3.889.000.000      Land
        Bangunan                           2.215.671.279                 -         (2.215.671.279)                   -      Buildings
        Peralatan kantor                   7.001.325.376                 -                      -        7.001.325.376      Office equipment
      Jumlah                            13.105.996.655                   -         (2.215.671.279)      10.890.325.376   Total

      Akumulasi penyusutan:                                                                                              Accumulated depreciation:
        Tanah                                997.060.510     1.196.664.612                      -        2.193.725.122     Land
        Bangunan                           2.215.671.279                 -         (2.215.671.279)                   -     Buildings
        Peralatan kantor                   4.641.458.953     2.317.824.674                      -        6.959.283.627     Office equipment
      Jumlah                               7.854.190.742     3.514.489.286         (2.215.671.279)       9.153.008.749   Total
      Nilai Tercatat                       5.251.805.913                                                 1.737.316.627   Net Carrying Value

                                                               Perubahan selama Tahun 2023/
                                                                    Changes during 2023
                                      1 Januari 2023/       Penambahan/         Pengurangan/         31 Desember 2023/
                                      January 1, 2023         Additions          Deductions          December 31, 2023

      Biaya perolehan:                                                                                                   At cost:
        Tanah                              6.389.000.000                 -      (2.500.000.000)          3.889.000.000      Land
        Bangunan                           2.215.671.279                 -                   -           2.215.671.279      Buildings
        Peralatan kantor                   7.001.325.376                 -                   -           7.001.325.376      Office equipment
      Jumlah                            15.605.996.655                   -      (2.500.000.000)         13.105.996.655   Total

      Akumulasi penyusutan:                                                                                              Accumulated depreciation:
        Tanah                              2.430.400.000     1.066.660.510      (2.500.000.000)            997.060.510     Land
        Bangunan                           2.141.815.590        73.855.689                   -           2.215.671.279     Buildings
        Peralatan kantor                   2.323.634.279     2.317.824.674                   -           4.641.458.953     Office equipment
      Jumlah                               6.895.849.869     3.458.340.873      (2.500.000.000)          7.854.190.742   Total

      Nilai Tercatat                       8.710.146.786                                                 5.251.805.913   Net Carrying Value


      Pengurangan aset hak-guna pada tahun 2024                                      Deductions of right-of-use assets in 2024 and
      dan 2023 sehubungan dengan selesainya                                          2023 represents impact of expired lease
      periode masa sewa kontrak.                                                     contract.

      Pembebanan              penyusutan      adalah       sebagai                   Depreciation expense are allocated as follows:
      berikut:

                                                             2024                       2023

       Beban pokok penjualan (Catatan 34)                                -               73.855.689       Cost of revenues (Note 34)
       Beban umum dan administrasi                                                                        General and administrative expenses
         (Catatan 35b)                                     3.261.903.804              3.131.899.692         (Note 35b)
       Lain-lain - Bersih (Catatan 39)                       252.585.482                252.585.492       Others - Net (Note 39)

       Jumlah                                              3.514.489.286              3.458.340.873       Total




                                                                    - 64 -
Page 315
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                             PT DUTA PERTIWI Tbk 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,                                                                          (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                              unless Otherwise Stated)


      Manajemen berkeyakinan bahwa tidak terdapat                                                      Management believes that there is no
      penurunan nilai atas aset hak-guna pada tanggal                                                  impairment in value of the aforementioned
      31 Desember 2024 dan 2023.                                                                       right-of-use assets as of December 31, 2024
                                                                                                       and 2023.


16.   Properti Investasi                                                                      16.      Investment Properties

      Pada tanggal 31 Desember 2024 dan                                                                As of December 31, 2024 and 2023, the
      2023, properti investasi berlokasi di Jakarta,                                                   investment properties are located in Jakarta,
      Bekasi, Depok dan Semarang dan disewakan                                                         Bekasi, Depok and Semarang and being leased
      kepada pihak ketiga berdasarkan perjanjian                                                       out to third parties (Note 44).
      sewa (Catatan 44).
                                                                                  Perubahan selama Tahun 2024/
                                                                                       Changes during 2024
                                      Luas Area/   1 Januari 2024/     Penambahan/        Pengurangan/        Reklasifikasi/        31 Desember 2024/
                                        Area       January 1, 2024      Additions          Deductions       Reclassifications       December 31, 2024
                                       m2/sqm
      Biaya perolehan:                                                                                                                                   At cost:
         Kepemilikan langsung                                                                                                                               Direct acquisitions
           Sinarmas Land Plaza           84.646      720.268.015.454                 -                 -                     -         720.268.015.454         Sinarmas Land Plaza
           Cashbac                        2.585       53.392.535.100                 -                 -                     -          53.392.535.100         Cashbac
           Sopo Del Tower                 2.754      116.372.794.645                 -                 -                     -         116.372.794.645         Sopo Del Tower
           ITC Mangga Dua                 3.199                    -                 -                 -         2.839.353.055           2.839.353.055         ITC Mangga Dua
           Mega ITC Cempaka Mas          14.720       59.976.839.757                 -                 -                     -          59.976.839.757         Mega ITC Cempaka Mas
           ITC Kuningan                  11.674       16.899.293.794                 -                 -                     -          16.899.293.794         ITC Kuningan
           ITC Depok                     11.600       87.872.424.952                 -                 -                     -          87.872.424.952         ITC Depok
           Grand Wisata                  24.195       56.165.363.600                 -                 -        13.178.276.392          69.343.639.992         Grand Wisata
           DP Mall Semarang              53.633      669.132.865.463                 -                 -                     -         669.132.865.463         DP Mall Semarang
           Aeon Mall South Gate          47.586    1.096.104.264.239                 -                 -                     -       1.096.104.264.239         Aeon Mall South Gate

         Jumlah                         256.592    2.876.184.397.004                 -                 -        16.017.629.447       2.892.202.026.451     Subtotal

         Aset tetap dalam rangka
           bangun, kelola, dan                                                                                                                             Properties under build, operate,
           alih                                                                                                                                               and transfer agreement
           Jembatan                                  56.615.865.596                  -                 -                     -          56.615.865.596        Bridge
           Pusat jajan                                1.501.973.743                  -                 -        (1.501.973.743)                      -        Food court
           Parkir                                     1.337.379.312                  -                 -        (1.337.379.312)                      -        Parking
           Terowongan                                 6.215.378.136                  -                 -                     -           6.215.378.136        Underground channel

         Jumlah                                      65.670.596.787                  -                 -        (2.839.353.055)         62.831.243.732     Subtotal
         Properti investasi dalam
           pembangunan                              109.984.618.793    239.245.185.905                 -                        -      349.229.804.698     Construction in progress

         Jumlah                                    3.051.839.612.584   239.245.185.905                 -        13.178.276.392       3.304.263.074.881     Total

      Akumulasi penyusutan:                                                                                                                              Accumulated depreciation:
        Kepemilikan langsung                                                                                                                               Direct acquisitions
          Sinarmas Land Plaza                       426.865.209.033     17.665.130.051                 -                     -         444.530.339.084        Sinarmas Land Plaza
          Cashbac                                    17.223.161.610      1.744.477.644                 -                     -          18.967.639.254        Cashbac
          Sopo Del Tower                             29.093.198.640      5.818.639.728                 -                     -          34.911.838.368        Sopo Del Tower
          ITC Mangga Dua                                          -                  -                 -         2.839.353.055           2.839.353.055        ITC Mangga Dua
          Mega ITC Cempaka Mas                       51.889.773.753                  -                 -                     -          51.889.773.753        Mega ITC Cempaka Mas
          ITC Kuningan                               16.899.293.794                  -                 -                     -          16.899.293.794        ITC Kuningan
          ITC Depok                                  11.354.434.592     73.375.910.244                 -                     -          84.730.344.836        ITC Depok
          Grand Wisata                                  886.767.375        272.851.500                 -                     -           1.159.618.875        Grand Wisata
          DP Mall Semarang                          194.414.448.114     25.246.781.577                 -                     -         219.661.229.691        DP Mall Semarang
          Aeon Mall South Gate                      160.844.270.736     49.490.544.844                 -                     -         210.334.815.580        Aeon Mall South Gate

         Jumlah                                     909.470.557.647    173.614.335.588                 -         2.839.353.055       1.085.924.246.290     Subtotal

         Aset tetap dalam rangka                                                                                                                           Properties under build, operate,
           bangun, kelola, dan alih                                                                                                                           and transfer agreement
           Jembatan                                  41.260.671.177      2.095.263.032                 -                     -          43.355.934.209        Bridge
           Pusat jajan                                1.472.626.823         29.346.920                 -        (1.501.973.743)                      -        Food court
           Parkir                                     1.311.660.585         25.718.727                 -        (1.337.379.312)                      -        Parking
           Terowongan                                 5.138.045.908        248.615.124                 -                     -           5.386.661.032        Underground channel

         Jumlah                                      49.183.004.493      2.398.943.803                 -        (2.839.353.055)         48.742.595.241     Subtotal

      Jumlah                                        958.653.562.140    176.013.279.391                 -                        -    1.134.666.841.531   Total

      Nilai Tercatat                               2.093.186.050.444                                                                 2.169.596.233.350   Net Carrying Value




                                                                                 - 65 -
Page 316
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                PT DUTA PERTIWI Tbk 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,                                                                             (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                                 unless Otherwise Stated)

                                                                                     Perubahan selama Tahun 2023/
                                                                                          Changes during 2023
                                      Luas Area/   1 Januari 2023/       Penambahan/         Pengurangan/        Reklasifikasi/          31 Desember 2023/
                                        Area       January 1, 2023        Additions           Deductions       Reclassifications         December 31, 2023
                                       m2/sqm
    Biaya perolehan:                                                                                                                                            At cost:
       Kepemilikan langsung                                                                                                                                        Direct acquisitions
         Sinarmas Land Plaza             84.646      720.046.615.454        221.400.000                   -                       -         720.268.015.454           Sinarmas Land Plaza
         Cashbac                          2.585       53.392.535.100                  -                   -                       -          53.392.535.100           Cashbac
         Sopo Del Tower                   2.754      116.372.794.645                  -                   -                       -         116.372.794.645           Sopo Del Tower
         Mega ITC Cempaka Mas            14.720       59.976.839.757                  -                   -                       -          59.976.839.757           Mega ITC Cempaka Mas
         ITC Kuningan                    11.674       16.899.293.794                  -                   -                       -          16.899.293.794           ITC Kuningan
         ITC Depok                       11.600       87.872.424.952                  -                   -                       -          87.872.424.952           ITC Depok
         Grand Wisata                    24.195       50.777.849.600                  -                   -           5.387.514.000          56.165.363.600           Grand Wisata
         DP Mall Semarang                53.633      669.132.865.463                  -                   -                       -         669.132.865.463           DP Mall Semarang
         Aeon Mall South Gate            47.586    1.096.104.264.239                  -                   -                       -       1.096.104.264.239           Aeon Mall South Gate

       Jumlah                           253.393    2.870.575.483.004        221.400.000                   -           5.387.514.000       2.876.184.397.004       Subtotal

       Aset tetap dalam rangka
         bangun, kelola, dan                                                                                                                                      Properties under build, operate,
         alih                                                                                                                                                        and transfer agreement
         Jembatan                                    56.615.865.596                    -                  -                        -           56.615.865.596        Bridge
         Kios                                         1.488.082.168                    -     (1.488.082.168)                       -                        -        Kiosk
         Pusat jajan                                  1.501.973.743                    -                  -                        -            1.501.973.743        Food court
         Parkir                                       1.337.379.312                    -                  -                        -            1.337.379.312        Parking
         Terowongan                                   6.215.378.136                    -                  -                        -            6.215.378.136        Underground channel

       Jumlah                                        67.158.678.955                    -     (1.488.082.168)                       -           65.670.596.787     Subtotal
       Properti investasi dalam
         pembangunan                                  1.373.000.000      108.611.618.793                  -                        -        109.984.618.793       Construction in progress

       Jumlah                                      2.939.107.161.959     108.833.018.793     (1.488.082.168)          5.387.514.000       3.051.839.612.584       Total

    Akumulasi penyusutan:                                                                                                                                       Accumulated depreciation:
      Kepemilikan langsung                                                                                                                                        Direct acquisitions
        Sinarmas Land Plaza                         407.206.453.320       19.658.755.713                  -                        -        426.865.209.033          Sinarmas Land Plaza
        Cashbac                                      15.469.517.287        1.753.644.323                  -                        -         17.223.161.610          Cashbac
        Sopo Del Tower                               23.274.558.912        5.818.639.728                  -                        -         29.093.198.640          Sopo Del Tower
        Mega ITC Cempaka Mas                         51.889.773.753                    -                  -                        -         51.889.773.753          Mega ITC Cempaka Mas
        ITC Kuningan                                 16.547.225.172          352.068.622                  -                        -         16.899.293.794          ITC Kuningan
        ITC Depok                                    10.743.433.628          611.000.964                  -                        -         11.354.434.592          ITC Depok
        Grand Wisata                                    613.915.875          272.851.500                  -                        -            886.767.375          Grand Wisata
        DP Mall Semarang                            169.075.614.941       25.338.833.173                  -                        -        194.414.448.114          DP Mall Semarang
        Aeon Mall South Gate                        111.353.725.896       49.490.544.840                  -                        -        160.844.270.736          Aeon Mall South Gate

       Jumlah                                       806.174.218.784      103.296.338.863                  -                        -        909.470.557.647       Subtotal

       Aset tetap dalam rangka                                                                                                                                    Properties under build, operate,
         bangun, kelola, dan alih                                                                                                                                    and transfer agreement
         Jembatan                                    39.165.408.170        2.095.263.007                  -                        -           41.260.671.177        Bridge
         Kios                                         1.488.082.303                 (135)    (1.488.082.168)                       -                        -        Kiosk
         Pusat jajan                                  1.403.496.083           69.130.740                  -                        -            1.472.626.823        Food court
         Parkir                                       1.249.935.381           61.725.204                  -                        -            1.311.660.585        Parking
         Terowongan                                   4.889.430.779          248.615.129                  -                        -            5.138.045.908        Underground channel

       Jumlah                                        48.196.352.716        2.474.733.945     (1.488.082.168)                       -           49.183.004.493     Subtotal

    Jumlah                                          854.370.571.500      105.771.072.808     (1.488.082.168)                       -        958.653.562.140     Total

    Nilai Tercatat                                 2.084.736.590.459                                                                      2.093.186.050.444     Net Carrying Value


    Pendapatan properti investasi yang diakui pada                                                        Income from investment properties in 2024 and
    laba rugi selama tahun 2024 dan 2023                                                                  2023 amounted to Rp 522,857,650,628 and
    masing-masing sebesar Rp 522.857.650.628                                                              Rp 513,243,198,150, respectively, which were
    dan Rp 513.243.198.150 yang disajikan sebagai                                                         recorded as part of “Revenues” in profit or loss
    bagian dari “Pendapatan usaha” dalam laba rugi                                                        (Note 33).
    (Catatan 33).

    Pembebanan                      penyusutan          adalah           sebagai                          Depreciation expense are allocated as follows:
    berikut:

                                                                           2024                                2023

     Beban pokok penjualan (Catatan 34)                                175.740.427.891                105.498.221.308                  Cost of revenues (Note 34)
     Lain-lain - Bersih (Catatan 39)                                       272.851.500                    272.851.500                  Others - Net (Note 39)

     Jumlah                                                            176.013.279.391                105.771.072.808                  Total


    Pengurangan    selama      2023    merupakan                                                          Deductions in 2023 pertain to handover of kiosk
    penyerahan kios dalam rangka bangun, kelola                                                           under build, operate and transfer to a third party
    dan alih kepada pihak ketiga sehubungan                                                               in connection with the expiration of the joint
    dengan habisnya perjanjian kerjasama.                                                                 operation agreement.


                                                                                    - 66 -
Page 317
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                      PT DUTA PERTIWI Tbk 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,                                   (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                       unless Otherwise Stated)


    Properti investasi dalam pembangunan pada                Construction     in     progress      as  of
    tanggal 31 Desember 2024 dan 2023 merupakan              December 31, 2024 and 2023 represents
    akumulasi biaya konstruksi DP Mall Semarang              accumulated costs of construction of DP Mall
    yang dimiliki oleh PT Wijaya Pratama Raya,               Semarang owned by PT Wijaya Pratama Raya,
    entitas anak, dengan akumulasi biaya konstruksi          a subsidiary, with accumulated costs of
    pada tanggal 31 Desember 2024 dan 2023                   constructions as of December 31, 2024 and
    masing-masing sebesar Rp 349.229.804.698                 2023 amounting to Rp 349,229,804,698 and
    dan Rp 109.984.618.793 atau masing-masing                Rp 109,984,618,793, respectively, or 88% and
    sebesar 88% dan 28% dari nilai kontrak.                  28%, respectively, of contract value.

    Reklasifikasi pada tahun 2024 merupakan                  Reclassification      in     2024      represents
    reklasifikasi  dari  tanah    yang    sedang             reclassification from land under development
    dikembangkan dan reklasifikasi dari aset tetap           and    properties      under    build,    operate,
    dalam rangka bangun, kelola, dan alih masing-            and transfer agreement amounting to
    masing sebesar Rp 13.178.276.392 (Catatan 8)             Rp     13,178,276,392        (Note      8)    and
    dan Rp 2.839.353.055. Sedangkan reklasifikasi            Rp    2,839,353,055,      respectively.     While,
    pada tahun 2023 merupakan reklasifikasi dari             reclassification     in     2023       represents
    tanah yang sedang dikembangkan sebesar                   reclassification from land under development
    Rp 5.387.514.000 (Catatan 8).                            amounting to Rp 5,387,514,000 (Note 8).

    Grup mengasuransikan properti investasi                  Directly acquired investment properties are
    kepemilikan langsung kepada PT Asuransi Sinar            insured with PT Asuransi Sinar Mas (ASM), a
    Mas (ASM), pihak berelasi (Catatan 42),                  related party (Note 42), against risks of fire,
    terhadap risiko kebakaran, kerusakan dan risiko          damages, theft, and other possible risks with
    lainnya    dengan      jumlah   pertanggungan            insurance coverage of Rp 1,724,489,535,000
    masing-masing sebesar Rp 1.724.489.535.000               and US$ 382,472,144 as of December 31, 2024
    dan     US$     382.472.144    pada     tanggal          and       Rp       1,471,893,000,000          and
    31 Desember 2024 dan Rp 1.471.893.000.000                US$ 335,576,526 as of December 31,
    dan     US$     335.576.526    pada     tanggal          2023, while Mega ITC Cempaka Mas, ITC
    31 Desember 2023. Nilai pertanggungan untuk              Depok and ITC Kuningan and the bridge under
    kios Mega ITC Cempaka Mas, ITC Depok dan                 build, operate and transfer agreement between
    kios ITC Kuningan serta jembatan dalam rangka            PMS and Pemda Jakarta, are jointly insured
    bangun, kelola dan alih antara PMS dengan                with inventories (Note 8). While the bridge and
    Pemda Jakarta merupakan nilai pertanggungan              and underground channel under build, operate
    gabungan dengan persediaan (Catatan 8),                  and transfer agreement between the Company
    sedangkan jembatan dan terowongan dalam                  and Pemda are insured with ASM, a related
    rangka bangun, kelola dan alih antara                    party (Note 42), against risks of physical losses
    Perusahaan       dengan      Pemda      Jakarta          and damages, with insurance coverage of
    diasuransikan kepada ASM, pihak berelasi                 US$ 10,645,618 and US$ 14,023,267 as of
    (Catatan 42), terhadap risiko kehilangan dan             December 31, 2024 and 2023, respectively.
    kerusakan dengan jumlah pertanggungan                    Management believes that the insurance
    masing-masing sebesar US$ 10.645.618 dan                 coverages are adequate to cover possible
    US$ 14.023.267 pada tanggal 31 Desember                  losses on the assets insured.
    2024 dan 2023. Manajemen berkeyakinan
    bahwa nilai pertanggungan asuransi tersebut
    adalah cukup untuk menutup kemungkinan
    kerugian    atas    properti  investasi   yang
    dipertanggungkan.

    Pada tanggal 31 Desember 2024 dan 2023,                  As of December 31, 2024 and 2023, the
    estimasi     nilai  wajar   properti investasi           estimated aggregate fair values of investment
    adalah sebesar Rp 6.107.808.000.000 pada                 properties amounted to Rp 6,107,808,000,000
    tanggal     5    Maret   2025   dan   sebesar            dated March 5, 2025 and Rp 6,144,288,000,000
    Rp 6.144.288.000.000 pada tanggal 1 Maret                dated March 1, 2023 and February 28, 2023,
    2023 dan 28 Februari 2023, berdasarkan hasil             based on report of KJPP Rengganis, Hamid &
    laporan oleh KJPP Rengganis, Hamid & Rekan,              Partners, an independent appraiser.
    penilai independen.




                                                 - 67 -
Page 318
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                               PT DUTA PERTIWI Tbk 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,                                            (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


      Manajemen berkeyakinan bahwa tidak terdapat                       Management believes that there is no
      perubahan signifikan atas nilai wajar properti                    significant change in the fair value of investment
      investasi selama periode sejak tanggal laporan                    properties from the last valuation report date up
      penilai independen sampai dengan tanggal                          to consolidated statements of financial position
      laporan posisi keuangan konsolidasian dan tidak                   date and that there is no impairment in value of
      terdapat penurunan nilai atas aset tersebut pada                  the aforementioned assets as of December 31,
      tanggal 31 Desember 2024 dan 2023.                                2024 and 2023.


17.   Goodwill                                                    17.   Goodwill

      Merupakan goodwill yang diperoleh Perusahaan                      This represents goodwill from the Company’s
      atas penyertaan sahamnya pada entitas anak                        investments in shares of stock of the
      dengan rincian sebagai berikut:                                   subsidiaries with details follows:

                     Nama Perusahaan/                            Bulan Perolehan/
                     Company's Name                             Date of Acquisition               2024 dan/and 2023
      PT Sinarwijaya Ekapratista                      Januari/January 1994                                    12.000.060
      PT Royal Oriental                               Maret/March 1994                                     1.864.859.777
      PT Mustika Karya Sejati                         Agustus/August 1995                                    551.308.980
      PT Misaya Properindo                            Agustus/August 1997                                    272.779.285
      PT Putra Alvita Pratama                         Desember/December 2004                               6.590.129.125
      PT Kembangan Permai Development                 Januari/January 2005                                    11.855.070
      Jumlah/Total                                                                                         9.302.932.297

      Uji Penurunan Nilai Goodwill                                      Impairment Test for Goodwill

      Goodwill yang diperoleh melalui kombinasi bisnis                  Goodwill     acquired     through    business
      dialokasikan ke dua Unit Penghasil Kas (UPK)                      combination have been allocated to two
      individu, yang juga merupakan segmen                              individual cash genarating units (CGU), which
      dilaporkan, untuk tujuan uji penurunan nilai, yaitu               are also reportable segments, for impairment
      UPK Real Estat dan UPK Properti Investasi.                        testing namely: Real Estate CGU and
                                                                        Investment Properties CGU.

      Jumlah terpulihkan     dari UPK-UPK di atas                       The recoverable amounts of the above CGUs
      ditentukan berdasarkan perhitungan nilai pakai.                   have been determined based on value-in-use
      Nilai pakai ditentukan dengan mendiskontokan                      calculations. Value in use was determined by
      arus kas masa depan yang diharapkan akan                          discounting the future cash flows expected to be
      dihasilkan dari pemakaian berkelanjutan atas                      generated from the continuing use of the units.
      UPK-UPK tersebut. Perhitungan nilai pakai                         The calculation of the value in use was based
      berdasarkan pada asumsi-asumsi berikut:                           on the following key assumptions:

      •    Arus kas di masa depan ditentukan                            •    Future cash flows were based on the
           berdasarkan       proyeksi       penjualan                        projected sales of real estate inventories,
           persediaan real estat, tanah untuk                                land for development, estimated cost of
           dikembangkan, estimasi biaya perolehan                            assets to be aquired as well as from the
           aset yang akan diakusisi, serta estimasi                          estimated rental income from investment
           pendapatan sewa dari properti investasi                           properties with the assumptions that there
           dengan asumsi tidak ada penambahan                                was no new investment. Other operational
           investasi baru. Beban operasional lainnya                         expenses       were estimated based on
           diestimasi berdasarkan data historis.                             historical rate.

      •    Tingkat diskonto sebelum pajak yang                          •    Pre-tax discount rate of 13.1% and 7.7%
           digunakan untuk menghitung jumlah                                 in 2024 and 2023, respectively, was
           terpulihkan masing-masing adalah sebesar                          applied in determining the recoverable
           13,1% dan 7,7% untuk tahun 2024 dan                               amounts. The discount rate used was
           2023. Tingkat diskonto ini diestimasi                             determined based on the weighted
           berdasarkan rata-rata tertimbang biaya                            average cost of capital allocated by the
           modal yang dialokasikan oleh Grup kepada                          Group to these units.
           UPK-UPK tersebut.



                                                       - 68 -
Page 319
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                             PT DUTA PERTIWI Tbk 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,                                          (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)


      Asumsi utama sebagaimana dijelaskan di atas                      The key assumptions described above may
      dapat berubah sejalan dengan perubahan kondisi                   change as economic and market conditions
      ekonomi dan pasar. Grup memperkirakan bahwa                      change. The Group estimates that reasonably
      kemungkinan perubahan asumsi ini tidak akan                      possible changes in these assumptions would
      mengakibatkan nilai tercatat UPK-UPK tersebut                    not cause the carrying value of each CGU to
      melebihi jumlah terpulihkannya secara material.                  materially exceed its recoverable amount. Thus,
      Oleh karena itu, manajemen berpendapat bahwa                     as of December 31, 2024 and 2023,
      tidak terdapat penurunan nilai atas goodwill                     management believes that there is no
      tersebut pada tanggal 31 Desember 2024 dan                       impairment in the carrying value of goodwill.
      2023. Pengujian penurunan nilai atas goodwill                    The impairment testing on goodwill is performed
      dilakukan setiap akhir tahun atau setiap kali                    every yearend or whenever there is an
      terdapat indikasi bahwa goodwill mengalami                       indication that the goodwill is impaired.
      penurunan nilai.


18.   Utang Usaha - Pihak Ketiga                                18.    Trade Accounts Payable - Third Parties

      Merupakan utang Grup kepada kontraktor                           This account consists of the Group’s payable to
      pembangunan, pemasok atas pembelian                              contractors in relation to the development costs,
      persediaan hotel, perlengkapan dan peralatan                     to suppliers in relation to the hotel operations
      operasi dengan rincian masing-masing segmen                      and operational supplies and equipment, which
      sebagai berikut:                                                 are classified per business segment as follows:

                                                2024                      2023

      Pihak ketiga                                                                      Third parties
        Real estat                          224.815.101.845           397.020.741.117     Real estate
        Hotel                                   894.341.165             1.126.269.597     Hotel

      Jumlah                                225.709.443.010           398.147.010.714   Total

      Rincian umur utang dihitung sejak tanggal faktur                 The aging analysis of trade accounts payable
      adalah sebagai berikut:                                          from the date of invoice follows:

                                                2024                      2023

      Sampai dengan 1 bulan                 209.337.011.978           324.235.690.187   Less than or equal to 1 month
                                                                                        More than 1 month but less than
      > 1 bulan - 3 bulan                     9.642.321.558            65.819.383.270     3 months
                                                                                        More than 3 months but less than
      > 3 bulan - 6 bulan                       661.903.549              592.907.328      6 months
                                                                                        More than 6 months but less than
      > 6 bulan - 1 tahun                        33.010.000                33.000.000     12 months
      > 1 tahun                               6.035.195.925             7.466.029.929   More than 12 months

      Jumlah                                225.709.443.010           398.147.010.714   Total




                                                       - 69 -
Page 320
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                              PT DUTA PERTIWI Tbk 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,                                           (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


19.   Utang Pajak                                                19.     Taxes Payable

                                                 2024                      2023

      Pajak kini (Catatan 40)                   538.671.087               994.915.065    Corporate income tax (Note 40)
      Pajak penghasilan                                                                  Income taxes
        Pasal 21                              12.437.708.623             5.126.514.022     Article 21
        Pasal 23                                 832.356.847             1.664.632.296     Article 23
        Pasal 25                                  83.078.332                35.498.274     Article 25
        Pasal 26                               9.966.266.460                         -     Article 26
        Pasal 4 ayat 2                        15.444.325.827            11.642.570.641     Article 4 paragraph 2
      Pajak Pembangunan I                        203.367.371               227.765.963   Development tax I
      Pajak Pertambahan Nilai - bersih        23.073.427.421             5.882.359.894   Value Added Tax - net

      Jumlah                                  62.579.201.968            25.574.256.155   Total



20.   Beban Akrual                                               20.     Accrued Expenses

      Akun ini terdiri dari biaya operasional Grup yang                  This account represent accrual of certain
      masih harus dibayar.                                               operating expenses of the Group.


21.   Setoran Jaminan                                            21.     Security Deposits

      Berdasarkan jenis transaksi, setoran jaminan                       The details of security deposits by nature of
      terdiri dari:                                                      transactions follows:

                                                 2024                      2023

      Sewa                                   180.882.892.405           175.331.046.935   Rental
      Jasa pelayanan                          36.764.662.854            40.143.168.287   Service charge
      Telepon                                  9.414.399.928             9.327.046.029   Telephone

      Jumlah                                 227.061.955.187           224.801.261.251   Total

      Setoran jaminan disajikan dalam laporan posisi                     Security deposits are presented in consolidated
      keuangan konsolidasian sebagai:                                    statements of financial position as:

                                                 2024                      2023

      Liabilitas jangka pendek               154.804.718.175           160.115.217.517   Current liabilities
      Liabilitas jangka panjang               72.257.237.012            64.686.043.734   Noncurrent liabilities

      Jumlah                                 227.061.955.187           224.801.261.251   Total



22.   Liabilitas Kontrak                                         22.     Contract Liabilities

      Liabilitas kontrak merupakan uang muka                             Contract liabilities pertain to advances received
      penjualan tanah dan bangunan Grup yang                             from buyers for the sale of land and buildings,
      diterima dari pelanggan yang kewajibannya                          wherein the performance obligation have not
      belum terpenuhi.                                                   been satisfied.

                                                2024                      2023

      Tanah, rumah tinggal dan ruko        1.455.043.569.177      2.265.135.987.906      Land, houses and shophouses
      Tanah dan bangunan strata title         84.587.528.774        231.030.523.708      Land and buildings with strata title

      Jumlah                               1.539.631.097.951      2.496.166.511.614      Total

      Pada tanggal 31 Desember 2024 dan 2023,                            As of December 31, 2024 and 2023, contract
      liabilitas kontrak termasuk beban bunga atas                       liabilities include interest expense on contract
      liabilitas kontrak masing-masing sebesar                           liabilities amounting to Rp 91,626,549,128 and
      Rp 91.626.549.128 dan Rp 163.058.559.927.                          Rp 163,058,559,927, respectively.


                                                        - 70 -
Page 321
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                        PT DUTA PERTIWI Tbk 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,                                                     (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                         unless Otherwise Stated)


    Mutasi dari liabilitas kontrak adalah sebagai                               The movement of contract liabilities follows:
    berikut:

                                                          2024                    2023

     Saldo awal                                   2.496.166.511.614         3.432.649.806.000     Beginning balance
     Pendapatan yang diakui selama
       tahun berjalan                            (3.666.299.200.840)        (3.111.613.859.574)   Revenue recognized during the year
     Kenaikan yang disebabkan oleh                                                                Increase due to cash received and
       penerimaan kas dan lainnya                 2.586.189.946.002         1.976.857.346.286        others
     Beban bunga atas liabilitas kontrak                                                          Interest expense on contract
       (Catatan 38)                                 123.573.841.175           198.273.218.902        liabilities (Note 38)

     Saldo akhir                                  1.539.631.097.951         2.496.166.511.614     Ending balance


    Kewajiban pelaksanaan yang tersisa akan                                     The remaining performance obligation will be
    dipenuhi antara tahun 2025 dan 2027.                                        satisfied between 2025 and 2027.

    Liabilitas kontrak disajikan dalam laporan posisi                           Contract liabilities are presented in consolidated
    keuangan konsolidasian sebagai:                                             statements of financial position as:

                                                          2024                     2023

     Liabilitas jangka pendek                     1.001.239.961.503         1.908.686.259.835     Current liabilities
     Liabilitas jangka panjang                      538.391.136.448           587.480.251.779     Noncurrent liabilities

     Jumlah                                       1.539.631.097.951         2.496.166.511.614     Total

    Rincian liabilitas kontrak berdasarkan unit real                            Details of contract liabilities based on sold real
    estat yang dibeli adalah sebagai berikut:                                   estate unit follows:

                                                2024                                      2023
                                                                 Unit                                Unit

     Uang muka penjualan                                                                                        Advances received
     Grand Wisata                     719.377.387.897              367      1.490.277.888.378             894   Grand Wisata
     Kota Wisata                      633.171.392.111              225        694.204.695.369             252   Kota Wisata
     Aerium                            59.061.132.880               20        139.533.267.857              51   Aerium
     Banjar Wijaya                     58.690.200.855               44         43.757.340.565              37   Banjar Wijaya
     Legenda Wisata                    19.506.156.804                9         22.034.578.127              23   Legenda Wisata
     Klaska Residence                  18.623.069.694               51         16.407.434.070              82   Klaska Residence
     South Gate                        13.362.432.087               15         72.197.583.585              77   South Gate
     Taman Permata Buana               13.206.018.616                6         13.120.416.656               6   Taman Permata Buana
     Bekasi                             4.260.546.000                7          4.260.546.000               7   Bekasi
     Superblok Ambasador                                                                                        Superblok Ambasador
       Kuningan dan                                                                                               Kuningan and
       ITC Kuningan                        372.761.007                  8         372.761.007               8     ITC Kuningan
     Jumlah                         1.539.631.097.951              752      2.496.166.511.614        1.437      Total

    Persentase liabilitas kontrak terhadap jumlah                               Percentage of contract liabilities to total sales
    harga jual adalah sebagai berikut:                                          price follows:

                                                          2024                    2023

    Bekasi                                               100,00                 100,00            Bekasi
    Legenda Wisata                                       87,34                  48,17             Legenda Wisata
    Banjar Wijaya                                        86,84                  82,53             Banjar Wijaya
    Taman Permata Buana                                  78,51                  45,67             Taman Permata Buana
    Kota Wisata                                          72,72                  78,17             Kota Wisata
    Grand Wisata                                         65,61                  72,78             Grand Wisata
    Aerium                                               64,53                  28,13             Aerium
    South Gate                                           36,90                   9,80             South Gate
    Superblok Ambasador Kuningan dan                                                              Superblok Ambasador Kuningan
      ITC Kuningan                                       36,53                   36,53              and ITC Kuningan
    Klaska Residence                                     23,81                   23,43            Klaska Residence




                                                                  - 71 -
Page 322
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                         PT DUTA PERTIWI Tbk 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,                                                      (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                          unless Otherwise Stated)


      Berdasarkan Perjanjian Pengikatan Jual Beli                                  Based on sales and purchase contract, the
      (PPJB), Perusahaan akan dikenakan denda                                      Company will be charged with a penalty of 1%o
      sebesar 1%o (satu permil) untuk setiap hari                                  (per mile) of sales price that is stated in the
      keterlambatan dihitung dari harga pengikatan                                 contract (excluding VAT) for each day of delay,
      (tidak termasuk PPN) yang telah diterima oleh                                and the Company will be charged with 5% of the
      Perusahaan dan maksimal sebesar 5% dari                                      said price, if the Company will not be able to
      harga pengikatan tersebut, apabila Perusahaan                                hand over the house/property to the customers
      tidak dapat menyerahkan rumah/properti kepada                                on the agreed date of turn-over as stipulated in
      pembeli pada tanggal yang telah disepakati                                   the contract.
      dalam PPJB.

      Rincian liabilitas kontrak (tidak termasuk                                   Details of contract liabilities (excluding financing
      komponen bunga) berdasarkan persentase atas                                  component) based on percentage to sales price
      harga jual adalah sebagai berikut:                                           follows:

                                                           2024                      2023

      100%                                            1.047.359.868.297      1.716.709.267.772         100%
       50% - 99%                                        357.651.000.185        512.804.187.145          50% - 99%
       20% - 49%                                         23.528.034.067         79.492.234.433          20% - 49%
       < 20%                                             19.465.646.274         24.102.262.337          < 20%

      Jumlah                                          1.448.004.548.823      2.333.107.951.687          Total


23.   Uang Muka Diterima                                                   23.     Advances Received

      Uang muka diterima terutama berasal dari                                     Advances received mainly pertain to receipts
      penyewa dan atau pemilik kios atau penggunaan                                from the lessees or kiosk owners for the
      fasilitas promosi yang disediakan Grup serta                                 facilities promoted by the Group and deposits
      uang titipan konsumen.                                                       from customers.


24.   Sewa Diterima Dimuka                                                 24.     Rental Advances

      Merupakan uang muka yang diterima atas sewa                                  This account pertains to advance rentals
      ruang perkantoran, kios dan lainnya.                                         received for the rental of office spaces, kiosks
                                                                                   and among others.


25.   Liabilitas Sewa                                                      25.     Lease Liabilities

      Berikut adalah pembayaran sewa minimum                                       The following are the future minimum lease
      masa yang akan datang (future minimum lease                                  payments based on the lease agreement
      payment) berdasarkan perjanjian sewa antara                                  between the Group and a third party as of
      Grup dengan pihak ketiga per 31 Desember                                     December 31, 2023:
      2023:

                                                                   2023

      Pembayaran yang jatuh tempo pada tahun:                                        Payments due in:
        2024                                                      2.369.200.000        2024
        2025                                                        214.780.000        2025
      Jumlah pembayaran sewa minimum                              2.583.980.000      Total minimum lease liabilities
      Bunga                                                        (101.966.283)     Interest
      Nilai sekarang pembayaran sewa minimum                      2.482.013.717      Present value of minimum lease liabilities
      Bagian yang akan jatuh tempo dalam satu tahun               2.482.013.717      Less: current portion
      Bagian utang jangka panjang yang akan                                          Long-term portion of lease liabilities -
        jatuh tempo lebih dari satu tahun                                     -        net of current portion




                                                                  - 72 -
Page 323
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                PT DUTA PERTIWI Tbk 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,                                                                             (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                                 unless Otherwise Stated)


      Mutasi dari liabilitas sewa adalah sebagai                                                           The movement of lease liabilities is as follows:
      berikut:

                                                                           2024                               2023

      Saldo awal                                                        2.482.013.717                      4.589.963.975             Beginning balance
      Pengurangan bersih                                                                                                             Net deduction during
        selama tahun berjalan                                           (2.482.013.717)                   (2.107.950.258)              the year

      Saldo akhir                                                                           -              2.482.013.717             Ending balance


      Liabilitas sewa merupakan liabilitas atas                                                            Lease liabilities represent liabilities for lease of
      perolehan peralatan kantor oleh Grup. Liabilitas                                                     office equipment by the Group. These liabilities
      sewa tidak memiliki jaminan dan berjangka waktu                                                      are unsecured and have terms of three (3)
      tiga (3) tahun.                                                                                      years.

      Beban bunga sewa yang dibebankan pada laba                                                           The lease interest expense charged to
      rugi masing-masing sebesar Rp 101.966.283                                                            operations in 2024 and 2023 amounted to
      dan Rp 254.629.742 pada tahun 2024 dan 2023                                                          Rp 101,966,283 and Rp 254,629,742,
      (Catatan 38).                                                                                        respectively (Note 38).


26.   Pengukuran Nilai Wajar                                                                     26.       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:
                                                                                             2024
                                                                                         Pengukuran nilai wajar menggunakan:/
                                                                                            Fair value measurement using:
                                                                                                                          Input signifikan
                                                                                                   Input signifikan     yang tidak 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 nilai wajarnya disajikan:                                                                                                    Assets for which fair values are disclosed:
       Aset tetap yang dicatat pada biaya                                                                                                     Property and equipment
         perolehan                                                                                                                              carried at cost
         Tanah dan bangunan (Catatan 14)             164.891.518.318                   -        1.257.648.000.000                       -       Land and buildings (Note 14)
       Properti investasi yang dicatat pada biaya
         perolehan                                                                                                                             Investment properties carried at cost
         Tanah dan bangunan (Catatan 16)            1.820.366.428.652                  -        6.107.808.000.000                       -        Land and buildings (Note 16)

      Liabilitas yang nilai wajarnya disajikan
        (termasuk bagian yang akan jatuh tempo
        dalam waktu satu tahun dan lebih dari                                                                                                Liabilities for which fair values are disclosed:
        satu tahun)                                                                                                                            (including current and noncurrent portion)
        Setoran jaminan (Catatan 21)                 227.061.955.187                   -          234.995.854.722                       -         Security deposits (Note 21)



                                                                                             2023
                                                                                         Pengukuran nilai wajar menggunakan:/
                                                                                            Fair value measurement using:
                                                                                                                          Input signifikan
                                                                                                   Input signifikan     yang tidak 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 nilai wajarnya disajikan:                                                                                                    Assets for which fair values are disclosed:
       Aset tetap yang dicatat pada biaya                                                                                                     Property and equipment
         perolehan                                                                                                                              carried at cost
         Tanah dan bangunan (Catatan 14)             175.562.508.376                    -        1.253.097.000.000                      -       Land and buildings (Note 14)
       Properti investasi yang dicatat pada biaya
         perolehan                                                                                                                             Investment properties carried at cost
         Tanah dan bangunan (Catatan 16)            1.983.201.431.651                   -        6.144.288.000.000                      -        Land and buildings (Note 16)

      Liabilitas yang nilai wajarnya disajikan
        (termasuk bagian yang akan jatuh tempo
        dalam waktu satu tahun dan lebih dari                                                                                                Liabilities for which fair values are disclosed:
        satu tahun)                                                                                                                            (including current and noncurrent portion)
        Setoran jaminan (Catatan 21)                 224.801.261.251                    -          232.563.592.728                      -         Security deposits (Note 21)




                                                                                    - 73 -
Page 324
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                     PT DUTA PERTIWI Tbk 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,                                                  (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


      Nilai wajar instrumen keuangan yang tidak                                The fair value of financial instruments that are
      diperdagangkan di pasar aktif ditentukan                                 not traded in an active market is determined by
      menggunakan teknik penilaian. Teknik penilaian                           using valuation techniques. These valuation
      ini memaksimalkan penggunaan data pasar yang                             techniques maximize the use of observable
      dapat diobservasi yang tersedia dan sesedikit                            market data where it is available and rely as little
      mungkin mengandalkan estimasi spesifik yang                              as possible on entity’s specific estimates. If all
      dibuat oleh entitas. Jika seluruh input signifikan                       significant inputs required to fair value an
      yang dibutuhkan untuk menentukan nilai wajar                             instrument are observable, the instrument is
      dapat diobservasi, maka instrumen tersebut                               included in Level 2. The fair value of security
      termasuk dalam hirarki Level 2. Nilai wajar                              deposits are estimated based on discounted
      setoran jaminan diestimasi berdasarkan arus kas                          cash flows using interest rate which is market
      yang didiskontokan menggunakan suku bunga                                observable.
      pasar yang dapat diobservasi.

      Informasi tentang pengukuran nilai wajar untuk                           The information about fair value measurements
      aset non-keuangan yang termasuk hirarki                                  of non-financial assets categorized as Level 2
      Level 2 adalah sebagai berikut:                                          follows:

                                                                                                                           Rentang
                                   Tehnik penilaian/                     Input yang tidak                           (Rata-rata tertimbang)/
            Keterangan/               Valuation                         dapat diobservasi/                                 Range
            Description              Technique                         Unobservable Inputs                           (Weighted Average)

      Properti investasi/       Arus kas diskonto/        Tingkat pertumbuhan laba bersih jangka panjang/             12,24% - 13,14%
       Investment properties    Discounted cash flows     Long-term net operating income
                                Pendekatan pasar          Estimasi harga jual per meter persegi/                       Rp 12.000.000 -
                                pembanding/               Estimated selling price per square meters                    Rp 40.000.000
                                Market-comparable
                                approach
                                Pendekatan biaya          Estimasi biaya penggantian                                           -
                                pengganti/Replacement     setelah dikurangi penyusutan/
                                cost approach             Estimated replacement cost net
                                                          of depreciation

      Aset tetap/               Arus kas diskonto/        Tingkat pertumbuhan laba bersih jangka panjang/                  12,44%
       Property and equipment   Discounted cash flow      Long-term net operating income
                                                          Estimasi biaya penggantian
                                Pendekatan biaya          setelah dikurangi penyusutan/                                        -
                                pengganti/Replacement     Estimated replacement cost net
                                cost approach             of depreciation


27.   Modal Saham                                                     27.      Capital Stock

      Susunan kepemilikan saham Perusahaan pada                                As of December 31, 2024 and 2023, the share
      tanggal 31 Desember 2024 dan 2023                                        ownership in the Company, based on the record
      berdasarkan catatan yang dibuat oleh                                     of PT Sinartama Gunita, a related party shares
      PT Sinartama Gunita, Biro Administrasi Efek,                             registrar, follows:
      pihak berelasi, adalah sebagai berikut:

                                                                   2024
                                             Jumlah             Persentase              Jumlah
                                             Saham/            Kepemilikan/          Modal Disetor/
                                            Number of           Percentage           Total Paid-up
           Nama Pemegang Saham               Shares            of Ownership          Capital Stock              Name of Stockholder
                                                                    %

      PT Bumi Serpong Damai Tbk           1.709.013.633                92,38        854.506.816.500         PT Bumi Serpong Damai Tbk
      Masyarakat                            140.986.367                 7,62         70.493.183.500         Public
      Jumlah                              1.850.000.000               100,00        925.000.000.000         Total




                                                             - 74 -
Page 325
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                     PT DUTA PERTIWI Tbk 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,                                                  (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


                                                                     2023
                                             Jumlah               Persentase              Jumlah
                                             Saham/              Kepemilikan/          Modal Disetor/
                                            Number of             Percentage           Total Paid-up
           Nama Pemegang Saham               Shares              of Ownership          Capital Stock             Name of Stockholder
                                                                      %

      PT Bumi Serpong Damai Tbk            1.691.876.633               91,45           845.938.316.500      PT Bumi Serpong Damai Tbk
      Masyarakat                             158.123.367                8,55            79.061.683.500      Public
      Jumlah                               1.850.000.000              100,00           925.000.000.000      Total

      Selama tahun 2024 dan 2023, PT Bumi Serpong                                During 2024 and 2023, PT Bumi Serpong
      Damai Tbk melakukan pembelian saham dari                                   Damai Tbk purchased shares from public
      masyarakat masing-masing sebesar 17.137.000                                totalling to 17,137,000 shares and 53,504,300
      saham dan 53.504.300 saham.                                                shares, respectively.

      Perusahaan   telah   mencatatkan                 seluruh                   All of the shares of the Company are listed in
      sahamnya pada Bursa Efek Indonesia.                                        the Indonesia Stock Exchange.

      Manajemen Permodalan                                                       Capital Management

      Tujuan utama dari pengelolaan modal Grup                                   The primary objective of the Group’s capital
      adalah untuk memastikan bahwa Grup                                         management is to ensure that it maintains
      mempertahankan rasio modal yang sehat dalam                                healthy capital ratios in order to support its
      rangka mendukung bisnis dan memaksimalkan                                  business and maximize shareholder value. The
      nilai pemegang saham. Grup tidak diwajibkan                                Group is not required to meet any capital
      untuk memenuhi syarat-syarat modal tertentu.                               requirements.

      Grup mengelola struktur modal dan membuat                                  The Group manages its capital structure and
      penyesuaian     terhadap     struktur   modal                              makes adjustments to it, in light of changes in
      sehubungan     dengan    perubahan     kondisi                             economic conditions. The Group monitors its
      ekonomi. Grup memantau modalnya dengan                                     capital using gearing ratios, by dividing net debt
      menggunakan analisa gearing ratio (rasio utang                             by total capital. The Group’s capital structure
      terhadap modal), yakni membagi utang bersih                                consists of equity and loans received reduced
      terhadap jumlah modal. Struktur modal Grup                                 by cash and cash equivalents.
      terdiri dari ekuitas dan pinjaman diterima
      dikurangi dengan kas dan setara kas.


28.   Tambahan Modal Disetor                                           28.       Additional Paid-in Capital

                                                           2024 dan/and 2023

      Agio saham                                                 452.294.849.950         Share premium
      Dampak program pengampunan pajak                            12.786.784.261         Impact of tax amnesty program

      Jumlah                                                     465.081.634.211         Total

      Agio Saham                                                                 Share Premium

      Merupakan agio saham:                                                      This account represents additional paid-in
                                                                                 capital in connection with the following:

                                                                  Jumlah/Total

      Penjualan saham Perusahaan pada penawaran umum                                   Sale of the Company's shares through public offering
        kepada masyarakat tahun 1994                                                      in 1994
        Jumlah yang diterima untuk pengeluaran
           25.000.000 saham                                        78.750.000.000         Proceeds from the issuance of 25,000,000 shares
        Jumlah yang dicatat sebagai modal disetor                 (25.000.000.000)        Amount recorded as paid-up capital
                                                                                          Balance of additional paid-in capital as of
      Saldo agio saham pada tanggal 31 Desember 1994               53.750.000.000            December 31, 1994



                                                             - 75 -
Page 326
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                               PT DUTA PERTIWI Tbk 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,                                            (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)

                                                            Jumlah/Total

      Konversi atas obligasi konversi menjadi saham
        tahun 1995                                                               Conversion of convertible bonds in 1995
        Jumlah obligasi yang dikonversi                      78.750.000.000         Total bonds converted
        Jumlah yang dicatat sebagai modal disetor           (52.500.000.000)        Amount recorded as paid-up capital
        Bersih                                               26.250.000.000         Net

                                                                                 Balance of additional paid-in capital as of
      Saldo agio saham pada tanggal 31 Desember 1995         80.000.000.000          December 31, 1995
      Pembagian saham bonus tahun 1996                      (69.375.000.000)     Distribution of bonus shares in 1996
                                                                                 Balance of additional paid-in capital as of
      Saldo agio saham pada tanggal 31 Desember 1996        10.625.000.000           December 31, 1996

      Penawaran umum terbatas I kepada pemegang saham
        tahun 1997                                                               Rights offering I to stockholders in 1997
        Jumlah yang diterima untuk pengeluaran                                      Proceeds from the issuance of
           693.750.000 saham                                502.968.750.000              693,750,000 shares
        Jumlah yang dicatat sebagai modal disetor          (346.875.000.000)        Amount recorded as paid-up capital
        Bersih                                              156.093.750.000         Net

      Jumlah pada tanggal 31 Desember 2007                 166.718.750.000       Balance as of December 31, 2007

      Penawaran umum terbatas II kepada pemegang saham
         tahun 2008                                                              Rights offering II to stockholders in 2008
         Jumlah yang diterima untuk pengeluaran                                     Proceeds from the issuance of
            462.500.000 saham                               520.312.500.000              462,500,000 shares
         Jumlah yang dicatat sebagai modal disetor         (231.250.000.000)        Amount recorded as paid-up capital
         Bersih                                             289.062.500.000         Net
      Biaya emisi efek                                       (3.486.400.050)     Shares issuance cost

      Jumlah pada tanggal 31 Desember 2024 dan 2023        452.294.849.950       Balance as of December 31, 2024 and 2023



29.   Selisih Nilai Transaksi dengan Kepentingan                  29.      Difference in Value Arising from Transaction
      Nonpengendali                                                        with Non-controlling Interest

      Pada tanggal 20 Desember 2024, Perusahaan                            On December 20, 2024, the Company
      dan PT Sinar Mas Griya (SMG), menyetujui                             and PT Sinar Mas Griya (SMG), approved
      penambahan modal disetor pada PT Wijaya                              the     increase      in    paid-up     capital
      Pratama Raya (WPR) masing-masing sebesar                             which was fully issued by PT Wijaya
      Rp 125.647.894.000 dan Rp 44.352.107.000                             Pratama     Raya     (WPR)     amounting     to
      atau masing-masing setara dengan 125.647.894                         Rp 125,647,894,000 and Rp 44,352,107,000,
      dan   44.352.107     saham.   Transaksi    ini                       respectively, consisting of 125,647,894 and
      menurunkan       persentase      kepemilikan                         44,352,107     shares,    respectively.   This
      Perusahaan di WPR dari 73,9105259% menjadi                           transaction decreased the ownership interest of
      73,9105258%. Hal ini menyebabkan penyertaan                          the Company in WPR from 73.9105259% to
      Perusahaan pada WPR berkurang sebesar                                73.9105258%. As a result, the effect of
      Rp 573 yang dibukukan pada akun ”Selisih Nilai                       decrease in the carrying value of Company’s
      Transaksi dengan Kepentingan Nonpengendali”.                         interest in WPR amounting to Rp 573 was
                                                                           recorded under “Difference in Value Arising
                                                                           from Transaction with Non-controlling Interest”
                                                                           account.

      Pada tanggal 8 Maret 2024, Perusahaan                                On March 8, 2024, the Company and
      dan SMG, menyetujui penambahan modal                                 SMG, approved the increase in paid-up capital
      disetor pada WPR masing-masing sebesar                               which was fully issued by WPR amounting to
      Rp 81.301.000.000 dan Rp 28.699.000.000 atau                         Rp 81,301,000,000 and Rp 28,699,000,000,
      masing-masing setara dengan 81.301.000 dan                           respectively, consisting of 81,301,000 and
      28.699.000 saham. Transaksi ini menurunkan                           28,699,000     shares,    respectively.    This
      persentase kepemilikan Perusahaan di WPR dari                        transaction decreased the ownership interest of
      73,9108%     menjadi    73,9105%.    Hal  ini                        the Company in WPR from 73.9108% to
      menyebabkan penyertaan Perusahaan pada                               73.9105%. As a result, the effect of decrease in
      WPR berkurang sebesar Rp 1.116.362 yang                              the carrying value of Company’s interest in
      dibukukan pada akun ”Selisih Nilai Transaksi                         WPR amounting to Rp 1,116,362 was recorded
      dengan Kepentingan Nonpengendali”.                                   under “Difference in Value Arising from
                                                                           Transaction with Non-controlling Interest”
                                                                           account.



                                                         - 76 -
Page 327
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                                                PT DUTA PERTIWI Tbk 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,                                                                                                             (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                                                                 unless Otherwise Stated)


      Pada tanggal 7 Desember 2023, Perusahaan                                                                                                 On December 7, 2023, the Company and
      dan SMG, menyetujui penambahan modal                                                                                                     SMG, approved the increase in paid-up capital
      disetor pada WPR masing-masing sebesar                                                                                                   which was fully issued by WPR amounting to
      Rp 44.346.000.000 dan Rp 15.654.000.000 atau                                                                                             Rp 44,346,000,000 and Rp 15,654,000,000,
      masing-masing setara dengan 44.346.000 dan                                                                                               respectively,   consisting     of    44,346,000
      15.654.000 saham. Transaksi ini menurunkan                                                                                               and 15,654,000 shares, respectively. This
      persentase kepemilikan Perusahaan di WPR dari                                                                                            transaction decreased the ownership interest of
      73,9110%     menjadi    73,9108%.    Hal  ini                                                                                            the Company in WPR from 73.9110% to
      menyebabkan penyertaan Perusahaan pada                                                                                                   73.9108%. As a result, the effect of decrease in
      WPR berkurang sebesar Rp 1.165.202 yang                                                                                                  the carrying value of Company’s interest in
      dibukukan pada akun ”Selisih Nilai Transaksi                                                                                             WPR amounting to Rp 1,165,202 was recorded
      dengan Kepentingan Nonpengendali”.                                                                                                       under “Difference in Value Arising from
                                                                                                                                               Transaction with Non-controlling Interest”
                                                                                                                                               account.


30.   Saldo Laba Ditentukan Penggunaannya                                                                                       30.            Appropriated Retained Earnings

      Berdasarkan     Undang-undang   Perseroan                                                                                                Under Indonesian Limited Company Law (Law),
      Terbatas    (Undang-undang),   perusahaan                                                                                                companies are required to set up a statutory
      diwajibkan   untuk   membentuk   cadangan                                                                                                reserve amounting to at least 20% of the
      sekurang-kurangnya sebesar 20% dari jumlah                                                                                               Company’s issued and paid-up capital.
      modal ditempatkan dan disetor.

      Saldo    laba    yang     telah    ditentukan                                                                                            The balance of appropriated retained earnings
      penggunaannya pada tanggal 31 Desember                                                                                                   as of December 31, 2024 and 2023 in
      2024 dan 2023 terkait Undang-undang                                                                                                      connection with this Law amounted to
      tersebut   masing-masing    adalah    sebesar                                                                                            Rp 29,589,383,000 and Rp 27,589,383,000,
      Rp 29.589.383.000 dan Rp 27.589.383.000.                                                                                                 respectively.


31.   Dividen                                                                                                                   31.            Dividends

      Berdasarkan Keputusan Direksi dan Keputusan                                                                                              Based on the Directors’ Decision and Board of
      Dewan Komisaris tertanggal 2 Desember 2024,                                                                                              Commissioners’ Decision dated December 2,
      Perusahaan membagikan dividen interim                                                                                                    2024, the Company distributes interim
      sebesar Rp 703.000.000.000 atau setara dengan                                                                                            dividends amounting to Rp 703,000,000,000 or
      Rp 380 per lembar saham.                                                                                                                 equivalent to Rp 380 per share.


32.   Kepentingan Nonpengendali                                                                                                 32.            Non-Controlling Interests

      Akun ini merupakan bagian kepemilikan                                                                                                    This account represents the share of
      nonpengendali atas aset bersih entitas anak,                                                                                             non-controlling stockholders on the net assets
      dengan rincian sebagai berikut:                                                                                                          of the subsidiaries, with details follows:
                                                                                                                                                2024
                                                                                                      Penyesuaian Nilai                                                                      Ekuitas pada       Selisih Transaksi
                                                                   Piutang          Tambahan            Wajar Saham                                                                       Penghasilan (Rugi)   Perubahan Ekuitas
                                                                 Pemesanan             Modal            Entitas Anak/                                                                     Komprehensif Lain/      Entitas Anak/
                                                                   Saham/             Disetor/        Adjustment on Fair                                                                    Share in Other     Difference Due to
             Nama Entitas Anak/                  Modal/          Subscription        Additional           Value of a          Saldo Laba/              Laba/                               Comprehensive       Changes in Equity
             Name of Subsidiary               Capital Stock      Receivable        Paid-in Capital    Subsidiary Shares    Retained earnings           Profit       Dividen/Dividends       Income (Loss)        of a Subsidiary      Jumlah/Total

      PT Putra Alvita Pratama               191.959.275.382                  -      4.012.889.069                     -      795.760.215.431     499.464.333.769      (716.069.558.690)          65.750.958                    -     775.192.905.919
      PT Mitrakarya Multiguna               258.345.000.000                  -         18.000.000                     -       (3.928.642.795)     (2.036.910.084)                    -               28.814                    -     252.397.475.935
      PT Wijaya Pratama Raya                136.174.011.000                  -         26.089.472        92.108.935.357       27.729.926.966       4.229.430.110       (28.718.686.920)         (15.116.605)             546.259     231.535.135.639
      PT Royal Oriental                      12.621.375.000                  -         25.890.000                     -    1.080.466.418.835      37.635.692.152    (1.041.887.062.875)           9.663.175                    -      88.871.976.287
      PT Kembangan Permai Development         2.000.000.000                  -         19.999.990                     -      169.609.678.624         330.630.799       (90.000.000.000)           7.908.691        1.388.463.124      83.356.681.228
      PT Phinisindo Zamrud Nusantara            399.000.000                  -         22.516.930        24.832.020.843       66.606.177.276     (15.855.637.101)      (55.345.290.000)         (60.094.069)                   -      20.598.693.879
      PT Kurnia Sinergi Mas                   4.900.000.000     (4.900.000.000)                 -                     -                    -                   -                     -                    -                    -                   -
      PT Putra Tirta Wisata *)                  325.380.000                  -        145.323.069                     -         (391.786.646)         (5.345.241)                    -                   25                    -          73.571.207
      PT Saranapapan Ekasejati                        1.000                  -                  1                     -                 (447)                (24)                  (74)                   -                    -                 456
      Jumlah/Total                          606.724.042.382     (4.900.000.000)     4.270.708.531      116.940.956.200     2.135.851.987.244     523.762.194.380    (1.932.020.598.559)           8.140.989        1.389.009.383    1.452.026.440.550

      * Merupakan entitas anak dari PT Putra Alvita Pratama/A subsidiary of PT Putra Alvita Pratama




                                                                                                                 - 77 -
Page 328
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                                                         PT DUTA PERTIWI Tbk 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,                                                                                                      (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                                                          unless Otherwise Stated)

                                                                                                                                   2023
                                                                                    Penyesuaian Nilai                                                                      Ekuitas pada       Selisih Transaksi
                                                                                      Wajar Saham                                                                              Rugi          Perubahan Ekuitas
                                                                Tambahan Modal        Entitas Anak/                                                                     Komprehensif Lain/      Entitas Anak/
                                                                    Disetor/        Adjustment on Fair                                                                    Share in Other     Difference Due to
           Nama Entitas Anak/                                      Additional           Value of a          Saldo Laba/            Laba/                                 Comprehensive       Changes in Equity
           Name of Subsidiary            Modal/Capital Stock     Paid-in Capital    Subsidiary Shares    Retained earnings         Profit         Dividen/Dividends           Loss             of a Subsidiary      Jumlah/Total

    PT Putra Alvita Pratama                  191.959.275.382      4.012.889.069                     -      627.210.195.359     168.653.322.212     (465.733.176.778)         (103.302.140)                   -     525.999.203.104
    PT Mitrakarya Multiguna                  258.345.000.000         18.000.000                     -       (2.074.784.828)     (1.851.658.709)                   -            (2.199.258)                   -     254.434.357.205
    PT Wijaya Pratama Raya                    63.122.904.000         26.089.234        92.108.090.638       23.457.667.790       4.286.393.392                    -           (14.134.216)             274.282     182.987.285.120
    PT Royal Oriental                         12.621.375.000         25.890.000                     -    1.040.182.986.870      40.402.221.709     (990.063.697.125)         (118.789.744)                   -     103.049.986.710
    PT Kembangan Permai Development            2.000.000.000         19.999.990                     -      164.671.375.104       4.942.221.468      (90.000.000.000)           (3.917.948)       1.388.463.124      83.018.141.738
    PT Phinisindo Zamrud Nusantara               399.000.000         22.516.930        24.832.020.843       64.245.904.618       2.412.432.749      (50.836.590.000)          (52.160.091)                   -      41.023.125.049
    PT Putra Tirta Wisata *)                     325.380.000        145.323.069                     -         (387.378.000)         (4.407.116)                   -                (1.530)                   -          78.916.423
    PT Saranapapan Ekasejati                           1.000                  1                     -                 (433)                (13)                 (74)                   (1)                   -                 480
    Jumlah/Total                             528.772.935.382      4.270.708.293       116.940.111.481    1.917.305.966.480     218.840.525.692    (1.596.633.463.977)        (294.504.928)       1.388.737.406    1.190.591.015.829

    * Merupakan entitas anak dari PT Putra Alvita Pratama/A subsidiary of PT Putra Alvita Pratama



    Pada bulan Desember 2024, PT Kurniasubur                                                                                     In December 2024, PT Kurniasubur Permai
    Permai (KSP), entitas anak dan Sinarmas                                                                                      (KSP), a subsidiary, and Sinarmas Land (HK)
    Land (HK) Limited, pihak berelasi (Catatan 42),                                                                              Limited, a related party (Note 42), placed
    menempatkan modal disetor di PT Kurnia Sinergi                                                                               paid-up capital in PT Kurnia Sinergi Mas
    Mas     (KSM)      masing-masing       sebesar                                                                               (KSM) amounting to Rp 5,100,000,000 and
    Rp 5.100.000.000 dan Rp 4.900.000.000 atau                                                                                   Rp 4,900,000,000, respectively, or representing
    masing-masing mencerminkan 5.100 dan 4.900                                                                                   5,100 shares and 4,900 shares, respectively,
    saham    dengan     nilai  nominal     sebesar                                                                               with nominal value of Rp 1,000,000 per share.
    Rp 1.000.000 per saham. Bagian nonpengendali                                                                                 The non-controlling interest in relation to this
    atas peningkatan modal ini adalah sebesar                                                                                    transactions amounted to Rp 4,900,000,000.
    Rp 4.900.000.000.

    Pada bulan Desember 2024, para pemegang                                                                                      In December 2024, shareholders of PT Wijaya
    saham     PT     Wijaya     Pratama     Raya                                                                                 Pratama Raya (WPR) agreed to increase the
    (WPR)     menyetujui   untuk    meningkatkan                                                                                 paid-up capital from Rp 351,950,000,000
    modal    ditempatkan    dan     disetor  dari                                                                                consisting  of   351,950,000     shares    to
    Rp 351.950.000.000 terdiri dari 351.950.000                                                                                  Rp 521,950,001,000 consisting of 521,950,001
    saham menjadi Rp 521.950.001.000 terdiri dari                                                                                shares. The non-controlling interest in
    521.950.001 saham. Bagian nonpengendali atas                                                                                 relation to this transactions amounted to
    peningkatan modal ini adalah sebesar                                                                                         Rp 44,352,107,000.
    Rp 44.352.107.000.

    Pada bulan Maret 2024, para pemegang                                                                                         In March 2024, shareholders of WPR agreed to
    saham WPR menyetujui untuk meningkatkan                                                                                      increase       the     paid-up      capital   from
    modal    ditempatkan    dan   disetor    dari                                                                                Rp 241,950,000,000 consisting of 241,950,000
    Rp 241.950.000.000 terdiri dari 241.950.000                                                                                  shares to Rp 351,950,000,000 consisting of
    saham menjadi Rp 351.950.000.000 terdiri dari                                                                                351,950,000 shares. The non-controlling
    351.950.000 saham. Bagian nonpengendali atas                                                                                 interest in relation to this transactions amounted
    peningkatan modal ini adalah sebesar                                                                                         to Rp 28,699,000,000.
    Rp 28.699.000.000.

    Pada bulan Desember 2023, para pemegang                                                                                      In December 2023, shareholders of WPR
    saham WPR setuju untuk meningkatkan modal                                                                                    agreed to increase the paid-up capital. The
    ditempatkan dan disetor. Bagian nonpengendali                                                                                non-controlling interest in relation to this
    atas peningkatan modal ini adalah sebesar                                                                                    transactions amounted to Rp 15,654,000,000.
    Rp 15.654.000.000.

    Pada bulan April 2023, para pemegang saham                                                                                   In April 2023, shareholders of PT Anekagriya
    PT Anekagriya Buminusa setuju untuk                                                                                          Buminusa agreed to decrease the paid-up
    menurunkan modal ditempatkan dan disetor.                                                                                    capital. The non-controlling interest in
    Bagian nonpengendali atas penurunan modal ini                                                                                relation to this transactions amounted to
    adalah sebesar Rp 151.832.488.970.                                                                                           Rp 151,832,488,970.

    Pada bulan April 2023, para pemegang saham                                                                                   In April 2023, shareholders of PT Kanaka
    PT Kanaka Grahaasri setuju untuk menurunkan                                                                                  Grahaasri agreed to decrease the paid-up
    modal ditempatkan dan disetor. Bagian                                                                                        capital. The non-controlling interest in
    nonpengendali atas penurunan modal ini adalah                                                                                relation to this transactions amounted to
    sebesar Rp 17.675.438.845.                                                                                                   Rp 17,675,438,845.

    Pada bulan April 2023, para pemegang saham                                                                                   In April 2023, shareholders of PT Mekanusa
    PT Mekanusa Cipta setuju untuk menurunkan                                                                                    Cipta agreed to decrease the paid-up capital.
    modal ditempatkan dan disetor. Bagian                                                                                        The non-controlling interest in relation to this
    nonpengendali atas penurunan modal ini adalah                                                                                transactions amounted to Rp 328,264,945,980.
    sebesar Rp 328.264.945.980.


                                                                                                         - 78 -
Page 329
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                            PT DUTA PERTIWI Tbk 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,                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)

      Pada bulan April 2023, para pemegang saham                      In April 2023, shareholders of PT Putra
      PT Putra Prabukarya setuju untuk menurunkan                     Prabukarya agreed to decrease the paid-up
      modal ditempatkan dan disetor. Bagian                           capital. The non-controlling interest in
      nonpengendali atas penurunan modal ini adalah                   relation to this transactions amounted to
      sebesar Rp 18.035.951.780.                                      Rp 18,035,951,780.


33.   Pendapatan Usaha                                         33.    Revenues

      Rincian pendapatan usaha Grup berdasarkan                       The details of the Group’s revenues by nature
      produk utama adalah sebagai berikut:                            of transactions follows:

                                               2024                      2023

      Penjualan:                                                                       Sales:
        Tanah, rumah tinggal dan ruko     2.898.574.880.157      2.265.819.278.628       Land, houses and shophouses
        Tanah dan bangunan strata title     767.724.320.683        845.794.580.946       Land and buildings with strata title
      Sewa                                  587.771.218.031        582.140.667.654     Rental
      Hotel                                  25.472.666.795         24.940.886.241     Hotel
      Lain-lain                             143.139.574.582        143.728.742.220     Others

      Jumlah                              4.422.682.660.248      3.862.424.155.689     Total

      Pada tahun 2024 dan 2023, Grup mengakui                         In 2024 and 2023, the Group recognized
      pendapatan     keuangan      dari    kontrak                    finance income from contract with customers
      dengan pelanggan masing-masing sebesar                          amounting to Rp 193,068,088,397 and
      Rp 193.068.088.397 dan Rp 276.454.896.437.                      Rp 276,454,896,437, respectively.

      Pendapatan lain-lain terutama merupakan                         Others mostly pertain to revenues from services
      pendapatan dari jasa pelayanan dan utilitas.                    and utilities.

      Pada tahun 2024 dan 2023, tidak terdapat                        In 2024 and 2023, there are no sales to a certain
      penjualan kepada pihak tertentu yang melebihi                   party that exceeded 10% of the total revenues.
      10% dari jumlah pendapatan usaha.


34.   Beban Pokok Penjualan                                    34.    Cost of Revenues

      Rincian dari beban pokok penjualan adalah                       This account consists of cost of sales and direct
      sebagai berikut:                                                costs with details follows:

                                               2024                      2023

      Beban pokok penjualan                                                            Cost of sales of
        Tanah, rumah tinggal dan ruko     1.072.138.146.429          887.018.704.864    Land, houses and shophouses
        Tanah dan bangunan strata title     551.597.702.970          540.787.643.913    Land and buildings with strata title
        Jumlah                            1.623.735.849.399      1.427.806.348.777       Total

      Beban langsung:                                                                  Direct costs:
        Sewa (Catatan 14, 15 dan 16)       180.439.803.001           111.440.382.906     Rental (Notes 14, 15 and 16)
        Hotel                                8.224.908.734             7.617.724.704     Hotel
        Jumlah                             188.664.711.735           119.058.107.610     Total
      Jumlah                              1.812.400.561.134      1.546.864.456.387     Total



      Pada tahun 2024 dan 2023, tidak terdapat                        In 2024 and 2023, there are no purchases from
      pembelian dan atau pembayaran kepada pihak                      a certain party that exceeded 10% of the total
      tertentu yang melebihi 10% dari jumlah                          revenues.
      pendapatan usaha.




                                                      - 79 -
Page 330
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                               PT DUTA PERTIWI Tbk 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,                                            (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


35.   Beban Usaha                                                 35.    Operating Expenses

      Rincian dari beban usaha adalah sebagai                            The details of operating expenses follows:
      berikut:

                                                  2024                     2023

      a. Beban Penjualan                                                                 a. Selling Expenses

        Iklan, komisi dan promosi             401.704.765.962       331.871.569.940        Advertising, commission and promotions
        Listrik, komunikasi, dan keperluan                                                 Electricity, communication and
           kantor                              89.991.638.470           84.596.219.227        office expenses
        Jasa alih daya                         74.032.593.743           72.678.445.571     Outsourcing
        Pemeliharaan dan perbaikan             57.167.746.353           25.843.899.883     Repairs and maintenance
        Gaji dan tunjangan karyawan            40.546.884.247           33.790.720.579     Salaries and employees' allowances
        Pajak Bumi dan Bangunan                14.658.994.390           14.422.768.768     Land and Building tax
        Asuransi                               10.466.703.954           10.122.603.499     Insurance
        Teknologi informasi                       111.661.025              115.942.700     Information technology
        Perjalanan dinas                           81.785.925              113.323.729     Business related travels
        Konsultan dan perijinan                    26.445.534               81.695.018     Consultation fees and permits
        Jamuan dan sumbangan                       21.326.532               51.520.048     Representation and donations
        Lain-lain                               4.277.527.164            4.086.837.227     Others
        Jumlah                                693.088.073.299       577.775.546.189        Total

      b. Beban Umum dan Administrasi                                                     b. General and Administrative Expenses

        Gaji dan tunjangan karyawan           220.640.446.264       224.857.309.288        Salaries and employee's allowances
        Pajak Bumi dan Bangunan                44.702.929.798        39.949.661.639        Land and Building tax
        Pemeliharaan dan perbaikan             25.666.394.604        13.941.026.571        Repairs and maintenance
        Jasa alih daya                         22.194.430.333        19.035.139.260        Outsourcing
        Penyusutan dan amortisasi                                                          Depreciation and amortization
          (Catatan 14 dan 15)                  18.477.615.963           16.728.193.128        (Notes 14 and 15)
        Imbalan kerja jangka panjang                                                       Long-term employee benefits
          (Catatan 36)                         13.398.444.291           13.924.939.872        (Note 36)
        Listrik, komunikasi, dan keperluan                                                 Electricity, communication and office
          kantor                               10.935.143.533            9.974.256.602        expenses
        Konsultan dan perijinan                10.747.943.708           11.530.844.532     Consultation fees and permits
        Jamuan dan sumbangan                    4.759.137.221            4.218.988.759     Representation and donations
        Asuransi                                2.252.525.712            2.177.697.012     Insurance
        Sewa                                    1.318.609.510              515.531.065     Rental
        Perjalanan dinas                        1.265.839.939              894.554.837     Business related travels
        Teknologi informasi                       783.100.360            2.796.999.254     Information technology
        Corporate social responsibilities          20.000.000               56.454.325     Corporate social responsibilities
        Lain-lain                              26.817.028.839           22.825.813.080     Others
        Jumlah                                403.979.590.075       383.427.409.224        Total

      c. Beban Pajak Final (Catatan 40)       154.246.891.435       161.895.565.753      c. Final Tax Expense (Note 40)

      Jumlah Beban Usaha                     1.251.314.554.809     1.123.098.521.166     Total Operating Expenses



36.   Imbalan Kerja Jangka Panjang                                36.    Long-term Employee Benefits

      Besarnya    imbalan    pasca-kerja         dihitung                The amount of post-employment benefits is
      berdasarkan ketentuan yang berlaku.                                calculated based on the applicable provisions.

      Untuk pendanaan imbalan kerja jangka panjang,                      To fund these long-term employee benefits, the
      Grup menyelenggarakan program dana pensiun                         Group operates a defined benefit pension plan
      manfaat pasti untuk seluruh karyawan tetap yang                    for all qualified permanent employees. The
      memenuhi syarat. Imbalan tersebut akan                             benefits will be paid at the time the employee
      dibayarkan pada saat karyawan pensiun, cacat                       retires, is permanently disabled or is terminated.
      tetap atau diberhentikan.




                                                         - 80 -
Page 331
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                            PT DUTA PERTIWI Tbk 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,                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


    Grup telah menunjuk PT Asuransi Simas Jiwa,                    The Group has appointed PT Asuransi Simas
    pihak berelasi (Catatan 42), untuk mengelola                   Jiwa, a related party (Note 42), to manage the
    program pensiun tersebut melalui Dana Pensiun                  pension program through the Simas Jiwa
    Lembaga Keuangan (DPLK) Simas Jiwa, yang                       Financial Institution Pension Fund, the
    peraturannya telah disahkan menurut Keputusan                  regulation of which was approved according to
    Dewan Komisioner Otoritas Jasa Keuangan                        Decision of the Financial Service Authority
    No. KEP-20/NB.01/2021 tanggal 12 Maret 2021                    Commissioner Board No. KEP-20/NB.01/2021
    mengenai Pengesahan atas Peraturan Dana                        dated March 12, 2021 concerning Ratification of
    Pensiun dari DPLK Simas Jiwa.                                  the Pension Fund Regulation from the Simas
                                                                   Jiwa Financial Institution Pension Fund.

    Perhitungan aktuaria terakhir atas liabilitas                  The latest actuarial valuation report, dated
    imbalan kerja jangka panjang dilakukan oleh                    February 3, 2025, on the long-term employee
    KKA Riana & Rekan, aktuaris independen,                        benefits liability was from KKA Riana & Rekan,
    tertanggal 3 Februari 2025.                                    an independent actuary.

    Jumlah karyawan Grup yang berhak atas                          Number of eligible employees is 699 and 625 in
    imbalan kerja jangka panjang tersebut                          2024 and 2023, respectively.
    masing-masing sebanyak 699 dan 625 pada
    tahun 2024 dan 2023.

    Liabilitas yang disajikan pada laporan posisi                  The liabilities amount included in the
    keuangan konsolidasian sehubungan dengan                       consolidated statement of financial position
    program imbalan pasti adalah sebagai berikut:                  arising from the Group’s obligation in respect of
                                                                   its defined benefits plans follows:

                                                2024                2023

                                                                                   Present value of funded
     Nilai kini kewajiban imbalan pasti       95.981.228.426     88.172.324.438      defined-benefit
     Nilai wajar aset program                (10.235.421.972)    (9.648.473.762)   Fair value of plan assets

     Jumlah liabilitas kewajiban imbalan                                           Total long-term employee
       kerja jangka panjang - bersih         85.745.806.454      78.523.850.676      benefits liability - net

    Jumlah-jumlah yang diakui di laporan laba                      Amounts recognized in the consolidated
    rugi dan penghasilan komprehensif lain                         statements of profit or loss and other
    konsolidasian sehubungan dengan imbalan pasti                  comprehensive income in respect of this benefit
    adalah sebagai berikut:                                        plans follows:

                                                2024                2023

     Biaya jasa kini                          8.575.354.640       7.737.518.194    Current service costs
     Penghasilan jasa lalu                     (253.260.145)       (548.526.465)   Past service income
     Beban bunga neto                         5.004.242.049       5.012.727.748    Net interest expense
     Jumlah biaya imbalan pasti                                                    Subtotal of defined benefit costs
       yang diakui di laba rugi              13.326.336.544      12.201.719.477      recognized in profit or loss
     Biaya terminasi                             49.735.000         308.094.525    Termination cost
     Komponen biaya imbalan pasti                                                  Components of defined benefit costs
       yang diakui di laba rugi              13.376.071.544      12.509.814.002      recognized in profit or loss
     Pengukuran kembali liabilitas imbalan                                         Remeasurement of the defined
       pasti - kerugian aktuarial                                                    benefits liability - actuarial loss
       diakui dalam penghasilan                                                      recognized in other
       komprehensif lain                      3.377.714.777       2.225.656.941      comprehensive income

     Jumlah                                  16.753.786.321      14.735.470.943    Total




                                                       - 81 -
Page 332
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                            PT DUTA PERTIWI Tbk 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,                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


    Pada tahun 2024 dan 2023, beban imbalan kerja                  In 2024 and 2023, long-term employee benefits
    jangka      panjang    masing-masing    sebesar                expense amounting to Rp 13,398,444,291 and
    Rp 13.398.444.291 dan Rp 13.924.939.872                        Rp 13,924,939,872, respectively, is included as
    disajikan sebagai bagian dari akun “Beban umum                 part of “General and administrative expenses”
    dan administrasi” (Catatan 35) dan sisanya                     (Note 35) and and income amounting to
    penghasilan         masing-masing       sebesar                Rp 22,372,747 and Rp 1,415,125,870,
    Rp 22.372.747 dan Rp 1.415.125.870 disajikan                   respectively, included in “Other income
    sebagai bagian dari “Penghasilan (beban)                       (expenses)” in profit or loss.
    lain-lain” pada laba rugi.

    Pengukuran kembali atas liabilitas imbalan pasti               The remeasurement of the net defined benfit
    diakui dalam penghasilan komprehensif lain.                    liability is included in other comprehensive
                                                                   income.

    Mutasi liabilitas imbalan kerja jangka panjang -               Movements of long-term employee benefits
    bersih yang diakui di laporan posisi keuangan                  liability - net recognized in the consolidated
    konsolidasian adalah sebagai berikut:                          statements of financial position follows:

                                                2024                 2023

     Saldo awal tahun                        78.523.850.676       75.587.380.370     Balance at the beginning of the year
     Beban imbalan kerja jangka panjang                                              Long-term employee benefits expense
       tahun berjalan                        13.376.071.544       12.509.814.002       during the year
     Pembayaran terminasi                       (49.735.000)        (308.094.525)    Termination payment
     Pembayaran selama tahun berjalan        (2.592.951.325)      (3.718.313.993)    Benefit payments during the year
     Iuran Grup                              (6.889.144.218)      (7.772.592.119)    The Group's contribution
     Pengukuran kembali liabilitas imbalan                                           Remeasurement of the defined
       pasti                                  3.377.714.777        2.225.656.941       benefits liability
     Saldo akhir tahun                       85.745.806.454       78.523.850.676     Balance at the end of the year

    Mutasi nilai wajar aset program adalah sebagai                 Movement of fair value of plan assets follows:
    berikut:

                                                2024                 2023

     Saldo awal tahun                         9.648.473.762         8.010.866.448    Balance at the beginning of the year
     Pendapatan bunga                           728.026.586           620.662.817    Interest income
     Kontribusi pemberi kerja                 6.889.144.218         7.772.592.119    Contribution from the employer
     Pembayaran selama tahun berjalan        (4.614.933.692)       (6.672.592.119)   Benefit payments during the year
     Kerugian pengukuran kembali -                                                   Remeasurement loss -
       imbal hasil aset program              (2.415.288.902)         (83.055.503)       return on plan assets

     Saldo akhir tahun                       10.235.421.972        9.648.473.762     Balance at the end of the year


    Porsi terbesar aset investasi ditempatkan pada                 The largest proportion of investment assets are
    instrumen pendapatan tetap, meskipun Grup                      invested in fixed income instrument, although
    juga berinvestasi pada pasar uang. Grup                        the Group also invest in money market
    meyakini bahwa instrumen pendapatan tetap                      instruments. The Group believes that fixed
    memberikan imbal hasil yang paling baik dalam                  income instrument offers the best returns over
    jangka panjang pada tingkatan risiko yang dapat                the long term with acceptable level of risk.
    diterima.




                                                       - 82 -
Page 333
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                      PT DUTA PERTIWI Tbk 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,                                                   (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)


      Asumsi-asumsi aktuarial utama yang digunakan                             Principal assumptions used in the valuation of
      dalam perhitungan imbalan kerja jangka panjang                           the long-term employee benefits follows:
      adalah sebagai berikut:

                                                         2024                     2023

      Tingkat diskonto                                  7,00%                    6,75%             Discount rate
      Tingkat kenaikan gaji                             7,00%                    7,00%             Future salary increases
      Tingkat perputaran karyawan                           2,88% per tahun sampai                 Level of employee turnover
                                                             dengan usia 35 tahun,
                                                              kemudian menurun
                                                              secara linier menjadi
                                                            0% pada usia 55 tahun/
                                                            2.88% per annum until
                                                             age 35, then decrease
                                                          linearly to 0% until age 55

      Analisa sensitivitas liabilitas imbalan pasti di                         The sensitivity analysis on the defined benefits
      bawah ini ditentukan berdasarkan kemungkinan                             liability set out below have been determined
      perubahan asumsi yang terjadi pada akhir                                 based on reasonably possible changes of the
      periode pelaporan, dengan asumsi lainnya                                 respective assumptions occurring at the end of
      dianggap tetap:                                                          the reporting period, while holding all other
                                                                               assumptions constant:

                                                                       2024
                                        Dampak Kenaikan (Penurunan) Terhadap Liabilitas Imbalan Pasti/
                                            Impact of Increase (Decrease) on Defined Benefit Liability
                                   Perubahan asumsi/             Kenaikan asumsi/          Penurunan asumsi/
                                 Change in Assumptions       Increase in Assumptions   Decrease in Assumptions

      Tingkat diskonto                    1%                         (5.114.154.214)              5.675.010.280     Discount rate
      Tingkat pertumbuhan gaji            1%                          6.031.279.723              (5.527.257.540)    Salary growth rate


                                                                       2023
                                        Dampak Kenaikan (Penurunan) Terhadap Liabilitas Imbalan Pasti/
                                            Impact of Increase (Decrease) on Defined Benefit Liability
                                   Perubahan asumsi/             Kenaikan asumsi/         Penurunan asumsi/
                                 Change in Assumptions       Increase in Assumptions   Decrease in Assumptions

      Tingkat diskonto                    1%                        (5.079.484.810)               5.633.324.468     Discount rate
      Tingkat pertumbuhan gaji            1%                         5.958.636.968               (5.462.748.753)    Salary growth rate



37.   Pendapatan Bunga dan Investasi                                     37.   Interest and Investment Income

                                                          2024                     2023

      Pendapatan bunga atas:                                                                        Interest income from:
        Deposito berjangka                           123.550.060.757           130.074.625.801         Time deposits
        Jasa giro                                      4.136.966.070             3.652.438.156         Current accounts
      Amortisasi dampak perdiskontoan                                                               Amortization of effect of discounting
        aset keuangan                                     425.632.329              124.938.704         of financial assets

      Jumlah                                         128.112.659.156           133.852.002.661      Total




                                                                - 83 -
Page 334
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                       PT DUTA PERTIWI Tbk 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,                                                    (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                        unless Otherwise Stated)


38.   Beban Bunga                                                         38.     Interest Expense

                                                        2024                            2023

      Beban bunga atas liabilitas kontrak                                                              Interest expense on contract liabilities
        (Catatan 22)                               123.573.841.175               198.273.218.902          (Note 22)
      Amortisasi dampak pendiskontoan                                                                  Amortization of effect of discounting
        liabilitas keuangan (Catatan 21)              2.354.680.215                 2.892.430.384         financial liabilities (Note 21)
      Liabilitas sewa (Catatan 25)                      101.966.283                   254.629.742      Lease liabilities (Note 25)

      Jumlah                                       126.030.487.673               201.420.279.028       Total



39.   Lain-lain – Bersih                                                  39.     Others – Net

                                                        2024                            2023

      Jasa manajemen (Catatan 42)                     9.827.697.956               10.595.697.956       Management fees (Note 42)
      Pembalikan beban bunga atas                                                                      Reversal of interest expense
        liabilitas kontrak dalam                                                                         on contract liabilities on
        transaksi pembatalan                                          -          115.216.814.244         cancellation transaction
      Keuntungan (kerugian) dari                                                                       Gain (loss) from estate
        kegiatan pengelolaan - bersih                                                                    management - net
        (Catatan 14, 15 dan 16)                     (32.572.268.128)               1.311.460.738         (Notes 14, 15 and 16)
      Lain-lain - bersih                             13.407.167.321               24.562.064.861       Others - net

      Jumlah                                         (9.337.402.851)             151.686.037.799       Total



40.   Perpajakan                                                          40.     Taxation

      a.   Pajak Kini                                                             a.     Current Tax

           Rekonsiliasi antara laba sebelum pajak                                        A reconciliation between profit before tax
           menurut laporan laba rugi dan penghasilan                                     per consolidated statements of profit or
           komprehensif lain konsolidasian dengan rugi                                   loss and other comprehensive income and
           fiskal adalah sebagai berikut:                                                fiscal loss follows:

                                                         2024                           2023

           Laba sebelum pajak menurut                                                                  Profit before tax per consolidated
             laporan laba rugi dan penghasilan                                                           statements of profit or loss and
             komprehensif lain konsolidasian       1.377.072.345.311            1.287.487.828.549        other comprehensive income
           Ditambah beban pajak final Perusahaan      11.047.082.364               12.260.815.186      Add final tax expense of the Company
           Penyesuaian untuk beban (pendapatan)                                                        Add (deduct) expenses (income)
             yang bersifat final - bersih            (162.848.873.080)             (13.315.917.448)      already subjected to final tax - net
           Laba sebelum pajak                       1.225.270.554.595            1.286.432.726.287     Profit before tax
           Laba entitas anak sebelum pajak         (1.262.596.717.721)          (1.317.014.227.943)    Profit before tax of the subsidiaries
           Rugi Perusahaan sebelum pajak             (37.326.163.126)             (30.581.501.656)     Loss before tax of the Company
           Perbedaan temporer:                                                                         Temporary differences:
                                                                                                         Difference between fiscal and
               Penyusutan                                 (98.551.424)                  335.284.435        commercial depreciation
               Beban imbalan kerja jangka                                                                Long-term employee benefits
                 panjang - bersih                      1.284.026.970                     940.629.234       expense - net
               Jumlah                                  1.185.475.546                   1.275.913.669     Total
           Perbedaan tetap:                                                                            Permanent differences:
                                                                                                         Gain on sale of property and
               Jamuan dan sumbangan                      418.649.460                     478.464.998     Representation and donations
               Beban bunga                                56.732.334                   2.665.578.689     Interest expense
               Cadangan (pemulihan) penurunan                                                            Allowance for (recoveries from)
                 nilai piutang                            10.382.792                (1.050.100.407)         impairment
               Keuntungan penjualan aset tetap                     -                (3.835.232.575)         equipment
               Jumlah                                    485.764.586                (1.741.289.295)      Total




                                                             - 84 -
Page 335
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                             PT DUTA PERTIWI Tbk 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,                                          (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)

                                                 2024                   2023

         Rugi fiskal                          (35.654.922.994)       (31.046.877.282)    Fiscal loss
                                                                                         Fiscal losses carried forward from
         Rugi fiskal tahun lalu:                                                           prior years:
          2023                                (31.046.877.282)                     -       2023
          2021                                 (2.617.967.537)        (2.617.967.537)      2021
          2020                                (19.971.382.145)       (19.971.382.145)      2020
         Akumulasi rugi fiskal                (89.291.149.958)       (53.636.226.964)    Accumulated fiscal losses


        Rincian beban pajak kini dan utang pajak                         The details of current tax expense and
        adalah sebagai berikut:                                          taxes payable follows:

                                                   2024                 2023

        Entitas anak                                                                    Subsidiaries
          PT Phinisindo Zamrud Nusantara         656.644.066           746.808.937        PT Phinisindo Zamrud Nusantara
          PT Royal Oriental                      416.306.440           271.080.920        PT Royal Oriental
          PT Putra Alvita Pratama                270.762.140           245.085.500        PT Putra Alvita Pratama
          PT Perwita Margasakti                  142.312.060           924.029.485        PT Perwita Margasakti
          PT Kembangan Permai Development         49.986.757            25.529.350        PT Kembangan Permai Development
          PT Mustika Karya Sejati                  5.067.513            13.909.500        PT Mustika Karya Sejati
        Jumlah                                 1.541.078.976         2.226.443.692      Total
        Pajak penghasilan dibayar dimuka                                                Less prepaid income taxes
          Perusahaan                           3.369.025.580         3.561.758.299        The Company
          Entitas anak                         2.336.390.456         1.737.962.641        Subsidiaries

        Pajak dibayar dimuka                   (4.164.337.060)      (3.073.277.248)     Prepaid taxes

        Terdiri dari:                                                                   Details:
          Pajak dibayar dimuka (Catatan 10)                                              Prepaid taxes (Note 10)
            Perusahaan                         (3.369.025.580)      (3.561.758.299)         The Company
            Entitas anak                       (1.333.982.567)        (506.434.014)         Subsidiaries
          Utang pajak (Catatan 19)                                                       Taxes payable (Note 19)
            Entitas anak                         538.671.087          994.915.065           Subsidiaries

          Jumlah                               (4.164.337.060)      (3.073.277.248)       Total



        Rugi fiskal dapat dimanfaatkan melalui                           According to tax regulations, fiscal loss can
        kompensasi terhadap laba kena pajak                              be offset against the taxable income
        dalam masa lima (5) tahun sejak timbulnya                        immediately within a period of five (5) years
        rugi fiskal.                                                     after such fiscal loss was incurred.




                                                    - 85 -
Page 336
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                              PT DUTA PERTIWI Tbk 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,                                           (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


    Rekonsiliasi antara beban pajak yang dihitung                       A reconciliation between the total tax expense
    dengan menggunakan tarif pajak yang berlaku                         and the amounts computed by applying the
    atas laba akuntansi sebelum pajak penghasilan                       effective tax rate to profit before tax per
    tidak final dengan beban pajak penghasilan                          consolidated statements profit or loss and
    seperti yang tercantum dalam laporan laba                           other comprehensive income follows:
    rugi dan penghasilan komprehensif lain
    konsolidasian adalah sebagai berikut:

                                                  2024                  2023

    Laba sebelum pajak menurut                                                          Profit before tax per consolidated
      laporan laba rugi dan penghasilan                                                   statements of profit or loss and
      komprehensif lain konsolidasian       1.377.072.345.311     1.287.487.828.549       other comprehensive income
    Ditambah beban pajak final Perusahaan      11.047.082.364        12.260.815.186     Add final tax expense of the Company
    Penyesuaian untuk beban (pendapatan)                                                Add (deduct) expenses (income)
      yang pajaknya final                    (162.848.873.080)      (13.315.917.448)      already subjected to final tax
    Laba sebelum pajak                       1.225.270.554.595     1.286.432.726.287    Profit before tax
    Laba entitas anak sebelum pajak         (1.262.596.717.721)   (1.317.014.227.943)   Profit before tax of subsidiaries

    Rugi Perusahaan sebelum pajak             (37.326.163.126)      (30.581.501.656)    Loss before tax of the Company

    Penghasilan pajak tidak final                                                       Nonfinal tax benefit at effective
      dengan tarif pajak yang berlaku           (8.211.755.887)       (6.727.930.364)    tax rate

    Pengaruh pajak atas perbedaan tetap:                                                Tax effect of permanent differences:
      Jamuan dan sumbangan                         92.102.881           105.262.300       Representation and donations
      Beban bunga                                  12.481.113           586.427.312       Interest expense
      Cadangan (pemulihan) penurunan                                                      Allowance for (recoveries from)
        nilai piutang                               2.284.214          (231.022.090)         impairment
                                                                                          Gain on sale of property and
      Keuntungan penjualan aset tetap                       -          (843.751.167)         equipment
      Jumlah                                      106.868.208          (383.083.645)      Total

    Penghasilan pajak tidak final               (8.104.887.679)       (7.111.014.009)     Nonfinal tax benefit
    Estimasi rugi fiskal yang tidak                                                       Estimated unrecoverable deferred
      terpulihkan                               7.844.083.059         6.830.313.002         tax asset on fiscal loss
                                                                                          Unrecognized deferred tax on
    Pajak tangguhan dari perbedaan                                                          current year's temporary
      temporer yang tidak diakui                  260.804.620           280.701.007         differences
    Jumlah beban pajak Perusahaan                           -                     -       Total tax expense of the Company
    Jumlah beban pajak entitas anak             1.541.078.976         2.226.443.692       Total tax expense of the subsidiaries

    Jumlah Beban Pajak                          1.541.078.976         2.226.443.692       Total Tax Expense




                                                         - 86 -
Page 337
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                     PT DUTA PERTIWI Tbk 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,                                                  (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


    b.   Pajak Final                                                        b.     Final Tax

         Perhitungan beban pajak final dan pajak                                   The final tax expense and prepaid taxes
         dibayar dimuka adalah sebagai berikut:                                    are computed as follows:

                                                          2024                     2023

         Pajak penghasilan final:                                                                Final income tax:
           Perusahaan                                                                              Company
             Penjualan                                                                             Sales
               2,5% x Rp 67.849.735.127 tahun 2024;     1.696.243.378                        -       2.5% x Rp 67,849,735,127 in 2024;
               2,5% x Rp 72.020.030.659 tahun 2023                  -            1.800.500.766       2.5% x Rp 72,020,030,659 in 2023
             Sewa dan jasa pelayanan                                                               Rental and service charges
               2,5% x Rp 3.198.148.065 dan                                                           2.5% x Rp 3,198,148,065 and
               10% x Rp 92.708.852.847 tahun 2024;      9.350.838.986                        -       10% x Rp 92,708,852,847 in 2024;
               2,5% x Rp 3.564.917.361,                                                              2.5% x Rp 3,564,917,361,
               6% x Rp 1.215.718.950 dan                                                             6% x Rp 1,215,718,950 and
               10% x Rp 102.982.483.482 tahun 2023                  -        10.460.314.420          10% x Rp 102,982,483,482 in 2023
           Jumlah                                      11.047.082.364        12.260.815.186          Subtotal

           Entitas anak                                                                            Subsidiaries
             PT Putra Alvita Pratama                   51.281.699.071        25.934.057.395          PT Putra Alvita Pratama
             PT Royal Oriental                         30.076.838.622        27.465.621.550          PT Royal Oriental
             PT Duta Semesta Mas                       18.716.051.314        43.823.246.996          PT Duta Semesta Mas
             PT Prima Sehati                           14.334.758.456        16.327.117.385          PT Prima Sehati
             PT Wijaya Pratama Raya                     9.280.236.800         9.264.760.285          PT Wijaya Pratama Raya
             PT Itomas Kembangan Perdana                8.541.331.092         6.136.246.969          PT Itomas Kembangan Perdana
             PT Perwita Margasakti                      3.994.299.264         4.950.618.257          PT Perwita Margasakti
             PT Misaya Properindo                       1.882.814.115         3.875.149.552          PT Misaya Properindo
             PT Phinisindo Zamrud Nusantara             1.532.547.430         2.810.829.447          PT Phinisindo Zamrud Nusantara
             PT Mustika Karya Sejati                    1.069.181.301         2.369.000.951          PT Mustika Karya Sejati
             PT Mekanusa Cipta                            993.880.541           452.951.486          PT Mekanusa Cipta
             PT Sinarwijaya Ekapratista                   717.702.922         5.939.850.875          PT Sinarwijaya Ekapratista
             PT Kembangan Permai Development              618.861.271            85.946.727          PT Kembangan Permai Development
             PT Saranapapan Ekasejati                     141.539.261           140.591.343          PT Saranapapan Ekasejati
             PT Anekagriya Buminusa                         6.765.677             1.316.303          PT Anekagriya Buminusa
             PT Kurniasubur Permai                          6.684.685            55.153.404          PT Kurniasubur Permai
             PT Putra Prabukarya                            3.561.086             1.000.000          PT Putra Prabukarya
             PT Kanaka Grahaasri                            1.056.163             1.291.642          PT Kanaka Grahaasri
             Jumlah                                   143.199.809.071       149.634.750.567          Subtotal

         Jumlah                                       154.246.891.435       161.895.565.753        Total

         Dikurangi pajak penghasilan
           dibayar dimuka                                                                        Less prepaid income taxes
           Perusahaan                                  19.019.215.624        19.728.423.529        Company
           Entitas anak                               202.323.880.924       243.279.368.898        Subsidiaries
           Jumlah                                     221.343.096.548       263.007.792.427        Total

         Pajak dibayar dimuka                         (67.096.205.113)      (101.112.226.674)    Prepaid taxes

         Terdiri dari:                                                                           Details:
           Perusahaan                                                                             Company
             Pasal 4 ayat 2 (6% dan 10%)                7.606.543.885            7.175.032.172       Article 4 paragraph 2 (6% and 10%)
             Pasal 4 ayat 2 (2,5%)                        365.589.375              292.576.171       Article 4 paragraph 2 (2.5%)
           Entitas anak                                                                           Subsidiaries
             Pasal 4 ayat 2 (6% dan 10%)               20.847.293.939        33.539.805.708          Article 4 paragraph 2 (6% and 10%)
             Pasal 4 ayat 2 (2,5%)                     38.276.777.914        60.104.812.623          Article 4 paragraph 2 (2.5%)

           Jumlah (Catatan 10)                         67.096.205.113       101.112.226.674        Total (Note 10)




                                                          - 87 -
Page 338
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                    PT DUTA PERTIWI Tbk 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,                                                 (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)


      c.     Surat Ketetapan Pajak                                           c.     Tax Assessment Letter

              Pada tanggal 22 Desember 2023,                                        On December 22, 2023, the Company
              Perusahaan menerima Surat Ketetapan                                   received Tax Assessment Overpayment
              Pajak Lebih Bayar atas Pajak Badan tahun                              Letter for Corporate Income Tax for
              fiskal 2022, Surat Ketetapan Pajak Kurang                             fiscal year 2022, Tax Assessment
              Bayar pajak penghasilan pasal 4 ayat 2,                               Underpayment Letter for income tax article
              pasal 21 dan pasal 23 untuk tahun fiskal                              4 paragraph 2, article 21 and article 23 for
              2022, yang telah dibayarkan oleh                                      fiscal year 2022 which has been paid
              Perusahaan sebesar Rp 620.218.076 pada                                by     the  Company        amounting      to
              tanggal 18 Januari 2024.                                              Rp 620,218,076 on January 18, 2024.


41.   Laba Per Saham Dasar                                             41.   Basic Earnings Per Share

      Perhitungan laba bersih per saham dasar adalah                         The computation of basic earnings per share
      sebagai berikut:                                                       follows:

                                                       2024                       2023

      Jumlah laba yang digunakan dalam                                                            Profit for computation of basic earnings
        perhitungan laba per saham dasar:                                                           per share:
           Jumlah laba bersih yang diatribusikan
             kepada pemilik entitas induk                                                           Net profit attributable to owners
             (pemegang saham Perusahaan)           851.769.071.955       1.066.420.859.165           of the Company
                                                                                                  Weighted average number of shares
      Jumlah rata-rata tertimbang saham              1.850.000.000           1.850.000.000         outstanding
      Laba per saham dasar                                    460,42                     576,44   Basic earnings per share



42.   Sifat dan Transaksi Hubungan Berelasi                            42.   Nature of Relationship and Transactions
                                                                             with Related Parties

      Rincian sifat hubungan dan jenis transaksi yang                        The details of the nature of relationship and the
      material dengan pihak berelasi adalah sebagai                          significant transactions with related parties
      berikut:                                                               follows:

      Sifat Pihak Berelasi                                                   Nature of Relationship

      a. Pemegang         saham Perusahaan yaitu                             a.     PT Bumi Serpong Damai Tbk and
             PT Bumi Serpong Damai Tbk dan PT Sinar                                 PT Sinar Mas Tunggal are stockholders of
             Mas Tunggal.                                                           the Company.

      b. Perusahaan yang sebagian pemegang                                   b.     Related parties which have partly the same
             saham secara langsung maupun tidak                                     stockholders, directly or indirectly, as that
             langsung sama dengan Grup yaitu:                                       of the Group follows:

             •     PT Asuransi Simas Jiwa                                           •      PT Lontar Papyrus Pulp & Paper
             •     PT Arara Abadi                                                          Industry
             •     PT Bank Sinarmas Tbk                                             •      PT Pabrik Kertas Tjiwi Kimia Tbk
             •     PT Borneo Indobara                                               •      PT Pindo Deli Pulp & Paper Mills
             •     PT Cakrawala Mega Indah                                          •      PT Puradelta Lestari Tbk
             •     PT Daya Anugerah Sejati Utama                                    •      PT SMPlus Sentra Data Persada
             •     PT Dian Swastatika Sentosa Tbk                                   •      PT Sinarmas Asset Management
             •     PT DSSE Energi Mas Utama                                         •      PT Sinarmas Sekuritas
             •     PT DSSP Power Kendari                                            •      PT Sinartama Gunita
             •     PT DSSP Power Sumsel                                             •      PT Sinarmas Rendranusa
             •     PT DSST Mas Gemilang                                             •      PT Sinarmas Tjipta
             •     PT Eka Mas Republik                                              •      PT Sinar Mas Agro Resources and
             •     PT Golden Energy Mines Tbk                                              Technology Tbk
             •     PT Indah Kiat Pulp & Paper Tbk                                   •      PT Smart Telecom
             •     PT Ivo Mas Tunggal                                               •      Sinarmas Land (HK) Limited


                                                              - 88 -
Page 339
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                              PT DUTA PERTIWI Tbk 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,                                                           (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                               unless Otherwise Stated)


    c.   PT Cakrawala Mega Indah, PT Indah Kiat                                          c.   PT Cakrawala Mega Indah, PT Indah Kiat
         Pulp & Paper Tbk, PT Lontar Papyrus Pulp                                             Pulp & Paper Tbk, PT Lontar Papyrus Pulp
         & Paper Industry, PT Pabrik Kertas Tjiwi                                             & Paper Industry, PT Pabrik Kertas Tjiwi
         Kimia Tbk dan PT Pindo Deli Pulp and Paper                                           Kimia Tbk and PT Pindo Deli Pulp and
         Mills adalah pihak berelasi karena hubungan                                          Paper    Mills    are   related   parties
         keluarga dengan pemegang saham akhir,                                                due to family relationship of ultimate
         tetapi tidak memiliki pengaruh signifikan,                                           shareholders of the companies, but do not
         kesamaan pengendalian dan kepemilikan.                                               have significant influence, control and
                                                                                              common ownership.

    d. Entitas yang dicatat dengan menggunakan                                           d.   Investments in BKS Pasar Pagi – ITC
         metode ekuitas yaitu BKS Pasar Pagi – ITC                                            Mangga Dua, PT Citraagung Tirta Jatim,
         Mangga Dua, PT Citraagung Tirta Jatim,                                               PT Bumi Paramudita Mas, PT Matra
         PT Bumi Paramudita Mas, PT Matra                                                     Olahcipta, PT Binamaju Mitra Sejati,
         Olahcipta, PT Binamaju Mitra Sejati,                                                 PT Keikyu Itomas Indonesia, PT Sahabat
         PT Keikyu Itomas Indonesia, PT Sahabat                                               Kota Wisata, PT Sahabat Duta Wisata and
         Kota Wisata, PT Sahabat Duta Wisata dan                                              PT Duti Diamond Development, are
         PT Duti Diamond Development.                                                         accounted for using the equity method.

    Transaksi Pihak Berelasi                                                             Transactions with Related Parties

    a.   Akun-akun berikut merupakan transaksi                                           a.   The accounts involving transactions with
         dengan pihak berelasi:                                                               related parties follows:
                                                                                               Persentase Terhadap
                                                                                                   Jumlah Aset/
                                                                                                  Percentage to
                                                             Jumlah/Total                          Total Assets
                                                    2024                      2023             2024             2023
                                                                                                %                %

         Aset                                                                                                          Assets
         Kas dan setara kas                                                                                            Cash and cash equivalents
           Bank                                                                                                          Cash in banks
               PT Bank Sinarmas Tbk                                                                                         PT Bank Sinarmas Tbk
                  Rupiah                           7.569.073.256             7.283.115.504     0,05            0,05             Rupiah
                  Dolar Amerika Serikat                        -               300.283.794       -             0,00             U.S. Dollar

         Jumlah                                    7.569.073.256             7.583.399.298     0,05            0,05      Total

         Piutang usaha                                                                                                 Trade accounts receivable
            PT Sinar Mas Tjipta                    3.768.501.481             3.777.363.461     0,03            0,03       PT Sinar Mas Tjipta
            PT Borneo Indobara                     3.382.681.444                46.124.640     0,02            0,00       PT Borneo Indobara
            PT Sinar Mas Agro Resources and                                                                               PT Sinar Mas Agro Resources
               Technology Tbk                      2.054.711.697             2.533.025.502     0,01            0,02          and Technology Tbk
            PT Golden Energy Mines Tbk             1.002.038.637               125.729.994     0,01            0,00       PT Golden Energy Mines Tbk
            PT Sinarmas Asset Management             204.785.112                45.509.421     0,00            0,00       PT Sinarmas Asset Management
            PT Arara Abadi                            91.697.907               102.571.982     0,00            0,00       PT Arara Abadi
            PT Sinarmas Sekuritas                              -               290.627.837       -             0,00       PT Sinarmas Sekuritas
            Lain-lain (masing-masing di bawah
               Rp 100 juta)                         175.746.074               228.320.358      0,00            0,00      Others (below Rp 100 million each)

           Jumlah                                 10.680.162.352             7.149.273.196     0,07            0,05      Total

         Piutang lain-lain                                                                                             Other accounts receivable
            PT Sinar Mas Tunggal                    342.656.780               342.656.780      0,00            0,00      PT Sinar Mas Tunggal
            Lain-lain (masing-masing di bawah
               Rp 100 juta)                                     -              98.569.987        -             0,00      Others (below Rp 100 million each)

           Jumlah                                   342.656.780               441.226.767      0,00            0,00      Total

         Biaya dibayar dimuka                                                                                          Prepaid expenses
            PT Asuransi Sinar Mas                          93.749                    93.748    0,00            0,00      PT Asuransi Sinar Mas

         Investasi dalam saham                                                                                         Investments in shares of stock
            Metode Ekuitas:                                                                                               Equity method:
            Entitas Asosiasi                                                                                              Associates
               PT Sahabat Kota Wisata            231.361.218.436        243.319.993.907        1,61            1,61           PT Sahabat Kota Wisata
               PT Sahabat Duta Wisata            160.525.932.869        164.264.946.887        1,12            1,09           PT Sahabat Duta Wisata
               PT Binamaju Mitra Sejati           66.142.467.793         33.211.006.476        0,46            0,22           PT Binamaju Mitra Sejati
               PT Keikyu Itomas Indonesia         60.450.584.789         57.787.481.664        0,42            0,38           PT Keikyu Itomas Indonesia
               PT Matra Olahcipta                 59.281.775.952         62.360.913.152        0,41            0,41           PT Matra Olahcipta
               PT Citraagung Tirta Jatim           6.965.837.250          5.721.466.891        0,05            0,04           PT Citraagung Tirta Jatim
               PT Bumi Paramudita Mas                        701                    711        0,00            0,00           PT Bumi Paramudita Mas
            Ventura Bersama                                                                                               Joint Ventures
               PT Duti Diamond Development        18.307.344.734            19.546.482.178     0,13            0,13           PT Duti Diamond Development
               BKS Pasar Pagi - ITC Mangga Dua     4.340.365.816             3.685.477.253     0,03            0,02           BKS Pasar Pagi - ITC Mangga Dua

           Jumlah                                607.375.528.340        589.897.769.119        4,23            3,90      Total




                                                                    - 89 -
Page 340
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                  PT DUTA PERTIWI Tbk 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,                                                               (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                   unless Otherwise Stated)

                                                                                          Persentase Terhadap
                                                                                            Jumlah Liabilitas/
                                                                                             Percentage to
                                                           Jumlah/Total                      Total Liabilities
                                                    2024                    2023          2024               2023
                                                                                           %                   %
         Liabilitas                                                                                                     Liabilities
         Setoran jaminan                                                                                                Security deposits
            PT Indah Kiat Pulp & Paper Tbk       38.079.588.717       36.386.945.614      1,53             0,99            PT Indah Kiat Pulp & Paper Tbk
            PT Sinar Mas Agro Resources and                                                                                PT Sinar Mas Agro Resources and
                Technology Tbk                   19.130.035.547       17.340.618.368      0,77             0,47                Technology Tbk
            PT Sinarmas Asset Management          7.088.210.116        6.993.173.055      0,28             0,19            PT Sinarmas Asset Management
            PT Sinarmas Sekuritas                 6.451.293.397        6.287.007.769      0,26             0,17            PT Sinarmas Sekuritas
            PT Borneo Indobara                    3.457.965.778        3.457.965.778      0,14             0,09            PT Borneo Indobara
            PT Bank Sinarmas Tbk                  3.056.988.502        2.966.592.199      0,12             0,08            PT Bank Sinarmas Tbk
            PT Pabrik Kertas Tjiwi Kimia Tbk      2.798.128.960       10.465.371.829      0,11             0,29            PT Pabrik Kertas Tjiwi Kimia Tbk
            PT Sinarmas Tjipta                    1.641.703.500        1.641.703.500      0,07             0,05            PT Sinarmas Tjipta
            PT Eka Mas Republik                   1.528.120.512        1.404.606.757      0,06             0,04            PT Eka Mas Republik
            PT Pindo Deli Pulp and Paper Mills    1.392.648.069        1.375.534.028      0,06             0,04            PT Pindo Deli Pulp and Paper Mills
            PT Lontar Papyrus Pulp                                                                                         PT Lontar Papyrus Pulp
                & Paper Industry                  1.285.561.121           1.268.451.094   0,05             0,03                & Paper Industry
            PT Smart Telecom                      1.189.353.558           1.189.353.558   0,05             0,03            PT Smart Telecom
            PT Cakrawala Mega Indah                 986.432.115             742.778.415   0,04             0,02            PT Cakrawala Mega Indah
            PT Dian Swastatika Sentosa Tbk          948.215.680             920.007.400   0,04             0,03            PT Dian Swastatika Sentosa Tbk
            PT Ivo Mas Tunggal                      947.546.119             854.083.092   0,04             0,02            PT Ivo Mas Tunggal
            PT Asuransi Simas Jiwa                  711.276.120             714.776.120   0,03             0,02            PT Asuransi Simas Jiwa
            PT Golden Energy Mines Tbk              635.222.280           2.981.768.274   0,03             0,08            PT Golden Energy Mines Tbk
            PT DSSP Power Sumsel                    614.389.600           2.844.130.254   0,02             0,08            PT DSSP Power Sumsel
            PT DSSP Power Kendari                   612.760.400             780.722.952   0,02             0,02            PT DSSP Power Kendari
            Lain-lain (masing-masing dibawah
                Rp 600 juta)                      4.531.448.699           4.129.955.690   0,18             0,11           Others (below Rp 600 milion each)

           Jumlah                                97.086.888.790      104.745.545.746      3,90             2,85           Total

         Liabilitas kontrak                                                                                             Contract liabilities
            PT Keikyu Itomas Indonesia            1.904.000.000                       -   0,08                      -     PT Keikyu Itomas Indonesia

         Sewa diterima dimuka                                                                                           Rental advances
           PT Indah Kiat Pulp & Paper Tbk        31.186.166.871       24.960.880.954      1,25             0,68           PT Indah Kiat Pulp & Paper Tbk
           PT Eka Mas Republik                    3.102.354.176        2.763.786.440      0,12             0,07           PT Eka Mas Republik
           PT Pabrik Kertas Tjiwi Kimia Tbk       2.921.447.700        2.221.301.701      0,12             0,06           PT Pabrik Kertas Tjiwi Kimia Tbk
           PT Cakrawala Mega Indah                2.587.873.020        1.932.715.293      0,10             0,05           PT Cakrawala Mega Indah
           PT Dian Swastatika Sentosa Tbk         1.748.913.360        1.692.496.799      0,07             0,05           PT Dian Swastatika Sentosa Tbk
           PT Sinarmas Asset Management           1.292.395.650        4.513.196.718      0,05             0,12           PT Sinarmas Asset Management
           PT DSSP Power Sumsel                   1.114.927.200        1.114.927.200      0,04             0,03           PT DSSP Power Sumsel
           PT Lontar Papyrus Pulp                                                                                         PT Lontar Papyrus Pulp
              & Paper Industry                    1.043.470.698        1.048.338.879      0,04             0,03               & Paper Industry
           PT DSSP Power Kendari                  1.038.646.800        1.039.861.710      0,04             0,03           PT DSSP Power Kendari
           PT Pindo Deli Pulp and Paper Mills     1.029.663.880        1.029.663.880      0,04             0,03           PT Pindo Deli Pulp and Paper Mills
           PT DSSE Energi Mas Utama                 703.835.160        1.038.672.000      0,03             0,03           PT DSSE Energi Mas Utama
           PT DSST Mas Gemilang                     369.459.240          913.203.620      0,01             0,02           PT DSST Mas Gemilang
           PT Smart Telecom                         159.999.600          614.044.982      0,01             0,02           PT Smart Telecom
           PT Borneo Indobara                        43.818.750       10.231.249.347      0,00             0,28           PT Borneo Indobara
           PT Golden Energy Mines Tbk                 6.468.750        1.843.340.706      0,00             0,05           PT Golden Energy Mines Tbk
           Lain-lain (masing-masing dibawah
              Rp 600 juta)                        3.246.283.356           2.171.306.801   0,15             0,06           Others (below Rp 600 million each)

           Jumlah                                51.595.724.211       59.128.987.030      2,07             1,61           Total




                                                                     - 90 -
Page 341
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                 PT DUTA PERTIWI Tbk 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,                                                              (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                  unless Otherwise Stated)

                                                                                               Persentase Terhadap
                                                                                            Jumlah Pendapatan/Beban/
                                                                                           Percentage to Total Respective
                                                            Jumlah/Total                        Revenues/Expenses
                                                     2024                    2023              2024             2023
                                                                                                %                 %
         Pendapatan Usaha                                                                                                   Revenues
           PT Sinar Mas Agro Resources and                                                                                    PT Sinar Mas Agro Resources and
              Technology Tbk                     79.004.831.708        65.505.877.211          1,79            1,70              Technology Tbk
           PT Indah Kiat Pulp & Paper Tbk        37.938.571.256        32.572.724.572          0,86            0,84           PT Indah Kiat Pulp & Paper Tbk
           PT Sinarmas Asset Management          15.381.730.426        16.397.111.567          0,35            0,42           PT Sinarmas Asset Management
           PT Borneo Indobara                    13.714.106.289        13.780.793.406          0,31            0,36           PT Borneo Indobara
           PT Pabrik Kertas Tjiwi Kimia Tbk       8.311.522.065         6.736.436.084          0,19            0,17           PT Pabrik Kertas Tjiwi Kimia Tbk
           PT Sinarmas Tjipta                     6.691.292.078         6.685.840.257          0,15            0,17           PT Sinarmas Tjipta
           PT Eka Mas Republik                    5.841.334.816         5.432.361.883          0,13            0,14           PT Eka Mas Republik
           PT Sinarmas Sekuritas                  5.561.317.193         5.569.699.018          0,13            0,14           PT Sinarmas Sekuritas
           PT Dian Swastatika Sentosa Tbk         3.507.160.768         3.432.151.451          0,08            0,09           PT Dian Swastatika Sentosa Tbk
           PT Golden Energy Mines Tbk             3.467.061.724         3.499.868.047          0,08            0,09           PT Golden Energy Mines Tbk
           PT Cakrawala Mega Indah                3.223.567.726         2.899.898.240          0,07            0,08           PT Cakrawala Mega Indah
           PT Asuransi Simas Jiwa                 2.743.705.601         2.870.678.375          0,06            0,07           PT Asuransi Simas Jiwa
           PT DSSP Power Sumsel                   2.341.221.008         2.641.539.865          0,05            0,07           PT DSSP Power Sumsel
           PT DSSP Power Kendari                  2.100.893.600         1.404.966.200          0,05            0,04           PT DSSP Power Kendari
           PT Keikyu Itomas Indonesia             1.904.000.000                     -          0,04              -            PT Keikyu Itomas Indonesia
           PT Pindo Deli Pulp and Paper Mills     1.878.776.080         1.564.181.680          0,04            0,04           PT Pindo Deli Pulp and Paper Mills
           PT Lontar Papyrus Pulp & Paper                                                                                     PT Lontar Papyrus Pulp & Paper
              Industry                            1.844.245.262            1.577.587.680       0,04            0,04              Industry
           PT DSSE Energi Mas Utama               1.781.956.160            2.129.546.000       0,04            0,06           PT DSSE Energi Mas Utama
           PT Ivo Mas Tunggal                     1.759.132.716            1.434.836.145       0,04            0,04           PT Ivo Mas Tunggal
           PT DSST Mas Gemilang                   1.320.042.860               10.328.980       0,03            0,00           PT DSST Mas Gemilang
           PT SMPlus Sentra Data Persada          1.251.790.215                        -       0,03              -            PT SMPlus Sentra Data Persada
           PT Daya Anugerah Sejati Utama          1.096.931.947              696.479.944       0,02            0,02           PT Daya Anugerah Sejati Utama
           PT Smart Telecom                       1.063.144.695            2.102.670.596       0,02            0,05           PT Smart Telecom
           PT Arara Abadi                           887.424.935            1.106.692.347       0,02            0,03           PT Arara Abadi
           PT Puradelta Lestari Tbk                 807.494.446              796.287.229       0,02            0,02           PT Puradelta Lestari Tbk
           Lain-lain (masing-masing dibawah
              Rp 600 juta)                        2.888.458.968            2.708.299.529       0,07            0,07           Others (below Rp 600 million each)

             Jumlah                             208.311.714.542      183.556.856.306           4,71            4,75           Total

         Beban umum dan administrasi                                                                                        General and administrative expenses
           Beban teknologi informasi                                                                                          Information technology expense
             PT Samakta Mitra                                 -            2.064.400.000         -             0,54               PT Samakta Mitra

         Penghasilan (beban) lain-lain                                                                                      Other income (expenses)
           Pendapatan bunga dan investasi                                                                                     Interest and investment income
             PT Bank Sinarmas Tbk                  342.769.445              200.526.913        0,27            0,15               PT Bank Sinarmas Tbk

             Pendapatan jasa manajemen                                                                                        Management fees income
               PT Keikyu Itomas Indonesia         1.742.000.000                        -      17,73               -             PT Keikyu Itomas Indonesia
               PT Citraagung Tirta Jatim            244.897.956              244.897.956      2,49              2,31            PT Citraagung Tirta Jatim
               PT Duti Diamond Development                    -            2.510.000.000        -              23,69            PT Duti Diamond Development

             Jumlah                               1.986.897.956            2.754.897.956      20,22            26,00          Total

             Kegiatan pengelolaan                                                                                             Estate management
               PT Samakta Mitra                               -             125.000.000          -             0,14              PT Samakta Mitra



        b.       Pada tanggal 17 Desember 2024,                                                      b.     On      December     17,      2024,
                 PT Kurniasubur Permai, entitas anak                                                        PT Kurniasubur Permai, a subsidiary,
                 dan Sinarmas Land (HK) Limited,                                                            and Sinarmas Land (HK) Limited,
                 mendirikan PT Kurnia Sinergi Mas                                                           established PT Kurnia Sinergi Mas
                 (Catatan 32).                                                                              (Note 32).

        c.       Grup menunjuk PT Asuransi Simas                                                     c.     The     Group   has     appointed
                 Jiwa untuk mengelola program dana                                                          PT Asuransi Simas Jiwa to manage
                 pensiun manfaat pasti (Catatan 36).                                                        the defined benefit pension plan
                                                                                                            (Note 36).

        d.       Pada tanggal 31 Desember 2024 dan                                                   d.     As of December 31, 2024 and 2023,
                 2023, Grup mengasuransikan asetnya                                                         the Group insured their assets
                 (persediaan, aset tetap dan properti                                                       (inventories, property and equipment
                 investasi) kepada PT Asuransi Sinar                                                        and investment properties) with
                 Mas     dengan     premi     asuransi                                                      PT Asuransi Sinar Mas, with
                 masing-masing sebesar 99,99% dari                                                          insurance      premium      payments
                 jumlah beban premi asuransi yang                                                           representing 99.99%, of the total
                 dibayarkan (Catatan 8, 14 dan 16).                                                         insurance premiums paid (Notes 8,
                                                                                                            14 and 16).



                                                                     - 91 -
Page 342
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                         PT DUTA PERTIWI Tbk 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,                                                      (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                          unless Otherwise Stated)


          e.    Grup memberikan kompensasi kepada                                       e.    The Group provides compensation to
                karyawan kunci. Imbalan yang                                                  the key management personnel.
                diberikan kepada Dewan Komisaris                                              The remuneration of Board of
                dan Direksi di tahun 2024 dan 2023                                            Commissioners and Directors in 2024
                adalah sebagai berikut:                                                       and 2023 follows:

                                                               2024                           2023
                                                      %                                %
                                                                                                                Salaries and other short-term
               Gaji dan imbalan kerja jangka pendek   3,96         11.627.324.430      5,38    13.905.297.720      employee benefits



43.   Tujuan dan Kebijakan Manajemen Risiko                                43.      Financial Risk Management Objectives and
      Keuangan                                                                      Policies

      Risiko-risiko utama yang timbul dari instrumen                                The main risks arising from the Group’s
      keuangan yang dimiliki Grup adalah risiko mata                                financial instruments are foreign exchange risk,
      uang asing, risiko kredit dan risiko likuiditas.                              credit risk and liquidity risk. The operational
      Kegiatan operasional Grup dijalankan secara                                   activities of the Group are managed in a
      berhati-hati dengan mengelola risiko-risiko                                   prudential manner by managing those risks to
      tersebut agar tidak menimbulkan potensi                                       minimize potential losses.
      kerugian bagi Grup.

      Direksi bertugas menentukan prinsip dasar                                     The BOD has the responsibility to determine the
      kebijakan manajemen risiko Grup secara                                        basic principles of the Group’s risk
      keseluruhan serta kebijakan pada area tertentu                                management as well as principles covering
      seperti risiko mata uang asing, risiko kredit, dan                            specific areas, such as foreign exchange risk,
      risiko likuiditas.                                                            credit risk, and liquidity risk.

      Risiko Mata Uang Asing                                                        Foreign Exchange Risk

      Risiko nilai tukar adalah risiko                    usaha                     Foreign exchange rate risk is the risk that the
      dalam nilai instrumen keuangan                      akibat                    fair value or future contractual cash flows of a
      berfluktuasinya perubahan nilai tukar.                                        financial instrument will fluctuate because of
                                                                                    changes in foreign exchange rates.

      Grup dalam melakukan kegiatan usahanya                                        The Group’s major transactions (i.e. sale,
      sebagian besar mempergunakan mata uang                                        purchases and operating expenses) are mostly
      Rupiah dalam hal transaksi penjualan,                                         denominated      in      Indonesian     currency.
      pembelian bahan baku dan beban usaha.                                         Transaction in foreign currency are only done
      Transaksi usaha dalam mata uang asing hanya                                   for special purpose, and the management
      dilakukan untuk hal-hal khusus, dan jika hal                                  regularly reviews its foreign currency exposure.
      tersebut terjadi manajemen akan melakukan
      review berkala atas eksposur mata uang asing
      tersebut.

      Eksposur aset dan liabilitas moneter Grup dalam                               The Group’s monetary assets and liabilities
      mata uang asing diungkapkan pada Catatan 47.                                  exposed to foreign exchange risk are set out in
                                                                                    Note 47.

      Pada tanggal 31 Desember 2024 dan 2023, jika                                  As of December 31, 2024 and 2023, if the
      mata uang Rupiah melemah/menguat sebesar                                      Rupiah currency had weakened/strengthened
      Rp 1.000 terhadap Dolar Amerika Serikat                                       by Rp 1,000, against the U.S. Dollar with all
      dengan variabel lain konstan, laba bersih tahun                               other variables held constant, net profit in 2024
      2024 dan 2023 akan lebih rendah/tinggi                                        and 2023 would have been lower/higher by
      masing-masing sebesar Rp 4.731.597.000 dan                                    Rp 4,731,597,000 and Rp 5,082,628,000,
      Rp 5.082.628.000.                                                             respectively.




                                                              - 92 -
Page 343
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                        PT DUTA PERTIWI Tbk 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,                                     (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                         unless Otherwise Stated)


    Risiko Kredit                                              Credit Risk

    Risiko    kredit  timbul    dari  kemungkinan              Credit risk is the risk that the Group will incur a
    ketidakmampuan pelanggan untuk memenuhi                    loss arising from the customers or
    kewajibannya sesuai dengan syarat normal                   counterparties’ failure to fulfill their contractual
    transaksi pada saat jatuh tempo pembayaran.                obligations.

    Risiko kredit timbul dari kas dan setara kas,              Credit risk arises from cash and cash
    investasi pada surat berharga dan deposito                 equivalents, investments in shares and time
    berjangka, piutang usaha dan lain-lain.                    deposits, trade accounts receivable and other
    Manajemen menempatkan kas, deposito                        receivables. Management placed cash, time
    berjangka dan investasi surat berharga hanya               deposits and investment in shares only to banks
    pada bank dan lembaga keuangan yang                        and financial institutions which are reputable
    bereputasi baik dan terpercaya. Untuk                      and reliable. To minimize credit risk on
    meminimalisasi risiko kredit atas piutang usaha            receivable from sale of real estate properties,
    yang berasal dari penjualan properti, manajemen            management imposes fines for the late
    mengenakan        denda    atas    keterlambatan           payment and hand over the unit as the time of
    pembayaran serta melakukan serah terima unit               redemption. For leased assets, the customers
    pada saat pelunasan. Untuk penyewaan properti,             are asked to pay the rent in advance and
    pelanggan diminta membayar uang sewa di                    provide a security deposits on service charge
    muka dan memberikan uang jaminan atas                      and utilities. For the hotel rooms, management
    service charge dan utilitas. Untuk piutang kamar           are having business relationship with travel
    hotel, manajemen melakukan hubungan usaha                  agents who has the credibility, establish
    dengan pihak agen perjalanan yang memiliki                 verification policy and credit authorization.
    kredibilitas, menetapkan kebijakan verifikasi dan
    otorisasi kredit.

    Berdasarkan evaluasi tersebut pihak manajemen              Based on that evaluation, management will
    akan menentukan perkiraan jumlah yang tidak                determine the approximate uncollectible
    dapat ditagih atas piutang tersebut serta                  amount as well as determine the amount of
    menentukan pembentukan akun cadangan                       impairment losses on trade accounts
    kerugian penurunan nilai atas piutang usaha                receivable.
    tersebut.

    Tidak ada limit kredit yang dilampaui selama               No credit limits were exceeded during the
    periode pelaporan dan manajemen tidak                      reporting period, and management does not
    mengharapkan kerugian dari kegagalan pihak-                expect any losses from non-performance by
    pihak dalam melunasi utangnya.                             these counterparties.

    Lihat Catatan 6 untuk informasi jumlah piutang             Refer to Note 6 for the information regarding the
    usaha berdasarkan umur (hari) dihitung sejak               aging analysis of trade accounts receivable
    tanggal faktur.                                            from the date of invoice issuance.

    Kualitas kredit dari aset keuangan Grup berupa             The credit quality of the Group’s financial assets
    kas dan setara kas, investasi pada deposito                of cash and cash equivalents, investments in
    berjangka, piutang usaha dan lain-lain adalah              time deposits, trade accounts receivable and
    lancar, yang ditelaah dengan mengacu pada                  other receivables are current, which are
    kredibilitas dan reputasi pihak rekanan serta              examined with reference to the credibility and
    informasi    historis   mengenai    penerimaan             reputation of the partners as well as historical
    pembayaran.                                                information about the receipt of payment.




                                                   - 93 -
Page 344
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                          PT DUTA PERTIWI Tbk 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,                                                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                           unless Otherwise Stated)


    Berikut adalah eksposur maksimum terhadap                                                      The table below shows the maximum exposure
    risiko kredit untuk komponen laporan posisi                                                    to credit risk for the components of consolidated
    keuangan      konsolidasian pada    tanggal                                                    statements of financial position as of
    31 Desember 2024 dan 2023:                                                                     December 31, 2024 and 2023:

                                                                      2024                                 2023

     Kas dan setara kas                                      2.522.389.729.046                 2.854.552.382.494               Cash and cash equivalents
     Investasi jangka pendek                                   240.430.996.774                   277.638.312.774               Short-term investments
     Piutang usaha - bersih                                     78.562.781.925                    45.124.203.171               Trade accounts receivable - net
     Piutang lain-lain - bersih                                  7.032.878.579                     7.460.374.235               Other accounts receivable - net

     Jumlah                                                  2.848.416.386.324                 3.184.775.272.674               Total

    Risiko Likuiditas                                                                              Liquidity Risk

    Risiko likuiditas adalah risiko kerugian yang                                                  Liquidity risk is a risk arising when the cash flow
    timbul karena Grup tidak memiliki arus kas yang                                                position of the Group is not enough to cover the
    cukup untuk memenuhi liabilitasnya.                                                            liabilities which become due.

    Dalam pengelolaan risiko likuiditas, manajemen                                                 In the management of liquidity risk,
    memantau dan menjaga jumlah kas dan setara                                                     management monitors and maintains a level of
    kas yang dianggap memadai untuk membiayai                                                      cash and cash equivalents deemed adequate to
    operasional Grup dan untuk mengatasi dampak                                                    finance the Group’s operations and to mitigate
    fluktuasi arus kas. Manajemen juga melakukan                                                   the effects of fluctuation in cash flows.
    evaluasi berkala atas proyeksi arus kas dan arus                                               Management also regularly evaluates the
    kas aktual, termasuk jadwal jatuh tempo utang,                                                 projected and actual cash flows, including loan
    dan terus-menerus melakukan penelaahan                                                         maturity profiles, and continuously assess
    pasar keuangan untuk mendapatkan sumber                                                        conditions in the financial markets for
    pendanaan yang optimal.                                                                        opportunities to obtain optimal funding sources.

    Tabel di bawah ini menganalisa liabilitas                                                      The table below analyzes the Group’s financial
    keuangan Grup yang diselesaikan secara neto                                                    liabilities into relevant maturity groupings based
    yang dikelompokkan berdasarkan periode yang                                                    on the remaining period to the contractual
    tersisa sampai dengan tanggal jatuh tempo                                                      maturity date. The amounts disclosed in the
    kontraktual. Jumlah yang diungkapkan dalam                                                     table are the contractual undiscounted cash
    tabel merupakan arus kas kontraktual yang tidak                                                flows:
    didiskontokan:
                                                                                     2024
                               <= 1 tahun/      >1 tahun-2 tahun/    >2 tahun-5 tahun/        > 5 tahun/             Jumlah/            Nilai Tercatat/
                                <= 1 year          >1-2 years           >2-5 years            > 5 years               Total             As Reported


     Liabilitas Keuangan                                                                                                                                       Other Financial
        Lainnya                                                                                                                                                  Liabilities
     Utang usaha             225.709.443.010                   -                   -                      -       225.709.443.010      225.709.443.010         Trade accounts payable
     Beban akrual             26.335.228.008                   -                   -                      -        26.335.228.008       26.335.228.008         Accrued expenses
     Setoran jaminan         153.832.895.140       3.657.560.779      12.985.332.708        111.340.298.181       281.816.086.808      227.061.955.187         Security deposits
     Liablitas lain - lain     8.696.195.167                   -                   -                      -         8.696.195.167        8.696.195.167         Other liabilities

     Jumlah                  414.573.761.325       3.657.560.779      12.985.332.708        111.340.298.181       542.556.952.993      487.802.821.372         Total


                                                                                       2023
                                  <= 1 tahun/    >1 tahun-2 tahun/     >2 tahun-5 tahun/         > 5 tahun/              Jumlah/             Nilai Tercatat/
                                   <= 1 year        >1-2 years            >2-5 years             > 5 years                Total              As Reported


    Liabilitas Keuangan                                                                                                                                                Other Financial
       Lainnya                                                                                                                                                           Liabilities
    Utang usaha              398.147.010.714                    -                     -                     -        398.147.010.714       398.147.010.714             Trade accounts payable
    Beban akrual              25.563.183.040                    -                     -                     -         25.563.183.040        25.563.183.040             Accrued expenses
    Setoran jaminan          159.889.564.165        3.706.340.793         8.491.545.224       111.352.762.962        283.440.213.144       224.801.261.251             Security deposits
    Liablitas lain - lain      9.840.890.342                    -                     -                     -          9.840.890.342         9.840.890.342             Other liabilities

    Jumlah                   593.440.648.261        3.706.340.793         8.491.545.224       111.352.762.962        716.991.297.240       658.352.345.347             Total




                                                                             - 94 -
Page 345
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                               PT DUTA PERTIWI Tbk 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,                                            (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)


44.   Perjanjian                                                  44.   Agreements

      Perjanjian Sewa – Grup sebagai Lessee                             Lease Agreements – Group as Lessee

      Grup menandatangani beberapa perjanjian sewa                      The Group entered into various lease
      peralatan kantor dan bangunan. Periode sewa                       agreements for use of office equipment and
      berkisar antara tiga (3) tahun sampai lima (5)                    building. The lease terms are between three (3)
      tahun. Sebagian besar perjanjian sewa tersebut                    to five (5) years and the majority of the lease
      dapat diperpanjang kembali pada akhir masa                        agreements are renewable at the end of the
      sewa dengan penyesuaian ke harga pasar kini.                      lease period at market rate.

       Pihak dalam perjanjian/                         Item yang disewa/                           Periode perjanjian/
             Counterparties                               Leased items                            Period of agreement

       PT Sentral Mitra                         Sewa printer /Printer lease                  Januari 2022 – December
       Informatika Tbk                                                                       2024/January   2022   –
                                                                                             December 2024

       PT Purizuqni                             Sewa lahan/Land lease                        Maret 2020 – Februari 2023
                                                                                             dan    Maret    2023     –
                                                                                             Mei 2026/March 2020 –
                                                                                             February     2023      and
                                                                                             March 2023 – May 2026

      Nilai tercatat aset hak-guna dan liabilitas sewa                  The carrying amounts of right-of-use assets and
      atas      sewa     tersebut   telah      disajikan                lease liabilities of the aforementioned leases
      masing-masing pada Catatan 15 dan 25.                             have been presented in Notes 15 and 25,
                                                                        respectively.

      Laporan laba rugi dan penghasilan komprehensif                    The consolidated statements of profit or loss
      lain konsolidasian menyajikan saldo berikut                       and other comprehensive income shows the
      berkaitan dengan sewa:                                            following amounts related to leases:

                                                2024                2023

      Penyusutan aset hak-guna (Catatan 15)   3.514.489.286       3.458.340.873   Depreciation of right-of-use assets (Note 15)

      Beban bunga atas liabilitas sewa                                            Interest expense on lease liabilities
        (Catatan 38)                           101.966.279          254.629.742      (Note 38)

      Beban berkaitan dengan sewa jangka
        pendek dan aset bernilai rendah                                           Expense relating to short-term leases
        (Catatan 35)                          1.318.609.510         515.531.065     and low-value assets (Note 35)

      Jumlah                                  4.935.065.075       4.228.501.680   Total


      Jumlah pengeluaran kas untuk sewa selama                          The total cash outflow for leases for the
      tahun yang berakhir 31 Desember 2024                              year ended December 31, 2024 and
      dan 2023 masing-masing adalah sebesar                             2023 amounted to Rp 3,902,589,510 and
      Rp 3.902.589.510 dan Rp 2.878.111.065.                            Rp 2,878,111,065, respectively.

      Jumlah komitmen sewa untuk sewa jangka                            Total lease commitments from short-term
      pendek yang dicatat sebagai beban dengan                          leases recognized as expenses on a
      dasar garis lurus selama tahun yang berakhir                      straight-line basis for the year ended
      31 Desember 2024 dan 2023 masing-masing                           December 31, 2024 and 2023 amounted to
      adalah Rp 1.318.609.510 dan Rp 515.531.065.                       Rp 1,318,609,510 and Rp 515,531,065,
                                                                        respectively.




                                                         - 95 -
Page 346
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                     PT DUTA PERTIWI Tbk 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,                                                  (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


    Perjanjian Pembangunan dengan Kontraktor                                     Construction Agreements

    a.   Grup telah menandatangani perjanjian                                    a.   The Group entered into agreements with
         dengan    beberapa  kontraktor  untuk                                        several contractors for the development of
         pembangunan lebih lanjut proyek Grup                                         real estate projects as follows:
         sebagai berikut:

                      Nama Kontraktor/                     Nama Perusahaan /              Lokasi Proyek/                 Nama Proyek/
                       Contractor Name                      Company Name                 Project Location                Project Name

         PT Kirana Kurnia Kreasi,                   PT Putra Alvita Pratama             Bekasi              Grand Wisata
          PT Mitra Bangun Cipta,
          PT Alvindo Bangun Sarana Mandiri,
          PT Okta Duta Inti Perkasa dan/and
          PT Artama Anugrah Konstruksi
         PT Alvindo Bangun Sarana Mandiri dan/and   PT Sinarwijaya Ekapratista          Tangerang           Banjar Wijaya
          PT Tunasbangun Griya Asri
         PT Tatamulia Nusantara Indah               PT Duta Semesta Mas                 Jakarta             South Gate
         PT Karya Cipta Bangun Mandiri              PT Prima Sehati                     Cibubur             Kota Wisata
                                                    PT Mekanusa Cipta
                                                    PT Kurniasubur Permai
                                                    PT Putra Prabukarya
                                                    PT Kanaka Grahaasri
                                                    PT Anekagriya Buminusa


    b.   Perusahaan menandatangani perjanjian                                    b.   The Company has entered into an
         dengan bank pemberi Kredit Pemilikan                                         agreement with certain banks, which
         Rumah (KPR) dimana dinyatakan apabila                                        provides that in the event the customers
         konsumen yang memiliki KPR di bank                                           having housing loans (KPR) with the banks
         tersebut     tidak mampu        melanjutkan                                  fail to pay their obligations while the land
         kreditnya, sementara sertifikat tanah yang                                   titles are still being processed, the
         dibeli oleh konsumen tersebut masih dalam                                    Company is obliged to buy back from the
         proses, maka Perusahaan berkewajiban                                         bank the receivables from the customers
         untuk membeli kembali (buy back) KPR                                         who are in default in their obligations. Such
         dari konsumen yang penyelesaiannya                                           receivables will be bought back by the
         bermasalah tersebut sejumlah saldo KPR                                       Company from the banks at its outstanding
         yang tersisa dengan maksimum sebesar                                         balance or at a maximum, at the amount of
         jumlah KPR yang diterima oleh konsumen                                       housing loan facility received by the
         dari bank pemberi KPR. KPR tersebut                                          customer. The receivables are secured by
         dijamin dengan rumah yang dibeli oleh                                        the related houses purchased by the
         konsumen (Catatan 6).                                                        customers (Note 6).

    Perjanjian Kerjasama Bangun, Kelola dan                                      Build, Operate             and     Transfer            (BOT)
    Alih (Build, Operate and Transfer atau BOT)                                  Agreements

    c.   Pada tanggal 15 Januari 1993, Perusahaan                                c.   On January 15, 1993, the Company
         menandatangani     perjanjian    kerjasama                                   entered into a Build, Operate and Transfer
         bangun, kelola dan alih (Build, Operate and                                  (BOT) agreement with PT Sinarwisata
         Transfer atau BOT) dengan PT Sinarwisata                                     Lestari (SWL), a subsidiary, to build and
         Lestari (SWL), entitas anak, untuk                                           operate a hotel building with its facility
         membangun dan mengelola gedung hotel                                         located in Jalan Mangga Dua, Jakarta for a
         dan sarana penunjangnya yang dibangun di                                     period of twenty (20) years from the
         Jalan Mangga Dua, Jakarta, untuk jangka                                      commencement of the hotel’s commercial
         waktu dua puluh (20) tahun sejak hotel                                       operations. In 2015, the term of BOT
         beroperasi secara komersial. Pada tahun                                      agreement changed to forty (40) years
         2015, jangka waktu perjanjian kerjasama                                      based on amended agreement.
         BOT diubah menjadi empat puluh (40) tahun
         berdasarkan addendum perjanjian.

         Pada waktu masa perjanjian berakhir, SWL                                     Upon expiration of the agreement, SWL will
         akan menyerahkan gedung tersebut kepada                                      transfer the hotel building to the Company.
         Perusahaan.




                                                            - 96 -
Page 347
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                       PT DUTA PERTIWI Tbk 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,                                    (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                        unless Otherwise Stated)


    d.   Pada tanggal 13 September 1999,                      d.   On September 13, 1999, the Company
         Perusahaan menandatangani perjanjian                      signed a joint operations agreement with
         kerjasama bangun, kelola dan alih (Build,                 the Local Government (Pemda) Jakarta
         Operate and Transfer atau BOT) dengan                     under Build, Operate, and Transfer (BOT),
         Pemerintah Daerah (Pemda) Jakarta untuk                   to build a bridge measuring 4,199 square
         membangun jembatan penyeberangan                          meters, including its shop facility of
         orang seluas 4.199 m2 beserta fasilitas                   141 units or 1,527 square meters, which
         pertokoan sebanyak 141 unit atau 1.527 m2                 will connect ITC Mangga Dua building and
         yang menghubungkan gedung ITC dengan                      Mall Mangga Dua building. This agreement
         Mal Mangga Dua untuk jangka waktu tiga                    is valid for thirty (30) years starting from the
         puluh (30) tahun sejak jembatan selesai                   date when the bridge is ready for use.
         dibangun dan layak beroperasi.

         Selama masa BOT, Perusahaan dapat                         During the BOT period, the Company can
         menyewakan fasilitas pertokoan kepada                     rent out, transfer its rights or lend the shop
         pihak lain. Pada waktu masa BOT berakhir,                 facility to third parties. At the end of the
         Perusahaan akan menyerahkan jembatan                      BOT period, the Company will transfer the
         dan fasilitas pertokoan tersebut kepada                   bridge and the shop facility to Pemda
         Pemda Jakarta.                                            Jakarta.

    e.   Pada tanggal 25 April 2002, Perusahaan               e.   On April 25, 2002, the Company signed a
         menandatangani       perjanjian  kerjasama                joint operations agreement to Build,
         bangun, kelola dan alih (Build, Operate and               Operate and Transfer (BOT) with the
         Transfer atau BOT) dengan pihak ketiga,                   Association of Low Cost Shophouses
         yaitu Perhimpunan Penghuni Rumah Susun                    Jakarta International Trade Center (“the
         Bukan Hunian Jakarta International Trade                  Association”) to build kiosks totaling
         Center untuk mendirikan bangunan kios                     77 units in a public area of 418.50 square
         sebanyak 77 unit di atas Area Umum                        meters, which includes supporting facilities,
         dengan luas 418,50 m2 yang dilengkapi                     for twenty (20) years starting July 2003, the
         fasilitas dan berikut sarana penunjangnya                 date of the agreement, until July 2023.
         untuk jangka waktu dua puluh (20) tahun
         sejak Juli 2003 sampai dengan Juli 2023.

         Selama masa BOT, Perusahaan berhak                        During the BOT period, the Company can
         menyewakan kios tersebut kepada pihak                     rent out, transfer its rights or lend the kiosks
         lain. Jangka waktu perjanjian ini dapat                   to the Association. The agreement can be
         diperpanjang untuk jangka waktu tertentu                  extended for a certain period with the
         dengan ketentuan-ketentuan dan syarat-                    consent of both parties. At the end of the
         syarat yang akan ditetapkan kemudian oleh                 BOT period, the Company will transfer the
         kedua belah pihak secara mufakat. Pada                    kiosks to the Association.
         waktu masa BOT berakhir, Perusahaan
         akan menyerahkan kios tersebut kepada
         pihak ketiga tersebut di atas.

         Bangunan kios tersebut telah diserahkan                   The aforementioned kiosks had been
         kepada pihak ketiga sehubungan dengan                     handed over to third parties upon expiration
         telah berakhirnya perjanjian kerjasama.                   of the agreement.

    f.   Pada tanggal 14 Mei 2003, Perusahaan                 f.   On May 14, 2003, the Company signed a
         menandatangani     perjanjian    kerjasama                joint operations agreement with the Local
         bangun, kelola dan alih (Build, Operate and               Government (Pemda) in Jakarta under
         Transfer atau BOT) dengan Pemerintah                      Build, Operate, and Transfer (BOT), to
         Daerah (Pemda) Jakarta untuk membangun                    build a bridge and an underground channel
         jembatan dan terowongan seluas 3.041 m2                   totaling 3,041 square meters in Jalan
         yang melintas di atas dan di bawah Jalan                  Aquarium, including its shop facility of 196
         Aquarium dilengkapi dengan fasilitas                      units or 1,559.80 square meters, which will
         196 toko seluas 1.559,80 m2 yang                          connect Harcomas building and Mall
         menghubungkan Gedung Harcomas dan                         Mangga Dua building. This agreement is
         Gedung Mal Mangga Dua untuk jangka                        valid for twenty five (25) years starting from
         waktu dua puluh lima (25) tahun sejak                     the date when the bridge and underground
         jembatan dan terowongan selesai dibangun                  channel are ready for use.
         dan layak beroperasi.



                                                  - 97 -
Page 348
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                          PT DUTA PERTIWI Tbk 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,                                       (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                           unless Otherwise Stated)

         Selama masa BOT, Perusahaan dapat                            During the BOT period, the Company can
         menyewakan,        meminjamkan        atau                   rent out, transfer its rights or lend the shop
         memberikan hak fasilitas pertokoan kepada                    facility to third parties. At the end of the
         pihak lain. Pada waktu masa BOT berakhir,                    BOT period, the Company will transfer the
         Perusahaan akan menyerahkan jembatan                         bridge, underground channel and the shop
         dan terowongan tersebut kepada Pemda                         facility to Pemda Jakarta.
         Jakarta.

    g.   Pada tanggal 8 Oktober 2003, PT Perwita                 g.   On October 8, 2003, PT Perwita
         Margasakti       (PMS),      entitas     anak,               Margasakti (PMS), a subsidiary entered
         menandatangani        perjanjian    kerjasama                into a Build, Operate and Transfer (BOT)
         bangun, kelola dan alih (Build, Operate and                  Agreement with the Local Government
         Transfer atau BOT) dengan Pemerintah                         (Pemda) in Jakarta, wherein PMS will build
         Daerah (Pemda) Jakarta, dimana PMS akan                      a bridge and a tunnel, each consisting of
         membangun jembatan dan terowongan                            kiosks, which will connect Superblok
         yang berisi kios, yang akan menghubungkan                    Ambasador Kuningan and ITC Kuningan
         Gedung Superblok Ambasador Kuningan                          located at Jalan Prof. Dr. Satrio, South
         dan ITC Kuningan yang berlokasi di Jalan                     Jakarta.
         Prof. Dr. Satrio, Jakarta Selatan.

         PMS       mempunyai       hak       untuk                    PMS has the right to operate the bridge and
         mengoperasikan jembatan dan terowongan                       tunnel together with the kiosks for twenty-
         bersama dengan kios yang berada                              five (25) years commencing from the
         didalamnya selama dua puluh (25) tahun,                      signing of the agreement. Upon expiration
         sejak penandatanganan perjanjian. Setelah                    of the twenty-five year period, PMS will
         berakhirnya masa tersebut, PMS akan                          transfer a portion of the kiosks from the
         menyerahkan sebagian kios dari jembatan                      bridge and the tunnel to Pemda.
         dan terowongan kepada Pemda.

    Perjanjian Kerjasama                                         Joint Operations Agreements

    h.   Pada tanggal 8 Oktober 1999, Perusahaan                 h.   On October 8, 1999, the Company signed
         menandatangani    perjanjian  kerjasama                      a joint operations agreement “Badan Kerja
         dalam bentuk Badan Kerja Sama (BKS                           Sama” (BKS Pasar Pagi – ITC Mangga
         Pasar Pagi – ITC Mangga Dua) dengan                          Dua) with PT Praja Puri Indah Real Estate
         PT Praja Puri Indah Real Estate dan                          and individual to build a bridge, including
         individu untuk membangun jembatan                            shop facility, which will connect the Pasar
         penyeberangan orang beserta fasilitas                        Pagi Mangga Dua building and ITC
         pertokoan yang menghubungkan gedung                          Mangga Dua building. The Company’s
         Pasar Pagi Mangga Dua dan gedung ITC                         share in BKS Pasar Pagi – ITC Mangga
         Mangga     Dua.     Bagian    partisipasi                    Dua is 40%.
         Perusahaan pada BKS Pasar Pagi – ITC
         Mangga Dua adalah sebesar 40%.

         Pada tanggal 30 September 2005,                              On September 30, 2005, the Company
         Perusahaan menandatangani pembaharuan                        signed a renewal of the aforementioned
         perjanjian kerjasama BKS Pasar Pagi – ITC                    joint operation agreement on the BKS
         Mangga Dua dengan PT Praja Puri Indah                        Pasar Pagi – ITC Mangga Dua with
         Real Estate dan individu. Berdasarkan                        PT Praja Puri Indah Real Estate and
         perjanjian tersebut, para pihak akan bekerja                 individuals. Based on the agreement, the
         sama      melaksanakan        pembangunan,                   parties will develop, manage and use
         mengelola       dan     menggunausahakan                     together the kiosks in Pasar Pagi – ITC
         kios-kios yang terdapat pada Jembatan                        Mangga Dua Bridge. This agreement is
         Pasar Pagi – ITC Mangga Dua tersebut                         valid since October 8, 1999 until the rights
         secara bersama-sama. Perjanjian ini                          to manage the bridge expires, the bridge
         berlangsung sejak tanggal 8 Oktober 1999                     had been transferred to Pemda DKI, and all
         sampai dengan diserahkannya jembatan                         parties already met all their obligations,
         Pasar Pagi – ITC Mangga Dua dan dengan                       calculated and distributed profit and losses.
         berakhirnya hak pengelolaan atas jembatan
         Pasar Pagi – ITC Mangga Dua kepada
         Pemerintah Daerah Jakarta, dan para pihak
         telah memenuhi seluruh kewajibannya serta
         telah    melakukan       perhitungan    dan
         pembagian keuntungan atau kerugian.




                                                     - 98 -
Page 349
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                        PT DUTA PERTIWI Tbk 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,                                     (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                         unless Otherwise Stated)


         Hak dan kewajiban para pihak dalam                         The rights and obligations of the parties in
         kerjasama ini adalah sebagai berikut:                      the joint operations agreement follows:

         •    Melakukan penyetoran dengan jumlah                    •   Pay the agreed amount on the agreed
              dan jangka waktu yang telah                               date;
              ditetapkan;
         •    Mengurus perijinan, pembangunan,                      •   Handle the retribution, construction,
              pemasaran serta pengelolaan proyek;                       marketing and project management;
              dan                                                       and
         •    Distribusi hasil pendapatan sesuai                    •   Distribute   income      based     on
              prioritas yang telah ditentukan.                          pre-determined priority.

    i.   Pada tanggal 23 Mei 2002, Perusahaan                  i.   On May 23, 2002, the Company entered
         telah mengadakan perjanjian kerjasama                      into an agreement with PT Matra Olahcipta
         dengan PT Matra Olahcipta (MOC),                           (MOC), based on Agreement No. 65 of
         sebagaimana yang tercantum dalam Surat                     Buntario Tigris Darmawa Ng, S.H., S.E., a
         Perjanjian Kerjasama No. 65 dari Buntario                  public notary in Jakarta. The purpose of the
         Tigris Darmawa Ng, S.H., S.E., notaris di                  agreement is to build a shopping center,
         Jakarta. Kerjasama tersebut meliputi                       with or without residential areas, and other
         pembangunan pusat perdagangan dengan                       facilities on MOC’s land, with total area of
         atau tanpa hunian berikut dengan fasilitas                 about 37,060 square meters, located in
         prasarana ataupun sarana-sarana lainnya                    Jalan Arteri Permata Hijau, South Jakarta.
         diatas tanah milik MOC seluas ±37.060 m2                   The Company will fund the project and will
         yang terletak di Jalan Arteri Permata Hijau,               do marketing and sales of the project to
         Jakarta    Selatan.    Perusahaan      akan                other parties. The Company’s share in this
         membiayai pembangunan proyek tersebut                      joint operations agreement is 50%.
         dan memasarkan serta menjualnya kepada
         pihak lain. Bagian partisipasi Perusahaan
         pada kerjasama ini adalah sebesar 50%.

         Dalam melaksanakan kerjasama ini, kedua                    The Company and the other stockholders
         belah pihak sepakat dan setuju bahwa                       of MOC agreed that project management
         manajemen proyek pembangunan akan                          will be performed jointly by both parties
         dilakukan secara bersama-sama dan untuk                    through establishment of a project
         itu kedua belah pihak setuju membentuk                     committee consisting of representatives
         badan pelaksana proyek pembangunan                         from both parties.
         yang pengurusnya merupakan perwakilan
         dari masing-masing pihak.

         Hak dan kewajiban para pihak dalam                         The rights and obligations of the parties in
         kerjasama ini adalah sebagai berikut:                      the joint operations agreement follows:

         •    Menyediakan aset berupa tanah;                        •   Provide the land;
         •    Melaksanakan proyek pembangunan                       •   Develop the project on scheduled date;
              sesuai dengan jadwal pelaksanaan                          and
              proyek; dan
         •    Distribusi hasil pendapatan sesuai                    •   Distribute income based on         pre-
              prioritas yang telah ditentukan.                          determined priority.




                                                   - 99 -
Page 350
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                         PT DUTA PERTIWI Tbk 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,                                      (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                          unless Otherwise Stated)


    j.   Pada    tanggal    1    November      2004,            j.   On November 1, 2004, PT Saranapapan
         PT Saranapapan Ekasejati, entitas anak,                     Ekasejati, a subsidiary, signed another
         menandatangani      perjanjian   kerjasama                  agreement with PT Fun World Prima
         pemakaian lokasi arena fantasi dan Little                   (FWP) for using the Arena Fantasi and
         Venice Kota Bunga – Puncak dengan                           Little Venice which are located at Kota
         PT Fun World Prima (FWP), dimana FWP                        Bunga – Puncak.             Based on the
         wajib membayar sejumlah biaya secara                        agreement, FWP has an obligation to pay
         bertahap.   Perjanjian     tersebut    telah                certain amount for using the place, building
         beberapa kali diperpanjang terakhir sampai                  and facilities for the period covered in the
         dengan 31 Desember 2026.                                    agreement, with the installment payment.
                                                                     This agreement has been extended several
                                                                     times, the latest extension is until
                                                                     December 31, 2026.

    k.   Pada tanggal 28 Mei 2018, PT Duta                      k.   On May 28, 2018, PT Duta Semesta Mas
         Semesta Mas (DSM), entitas anak,                            (DSM), a subsidiary, signed an agreement
         menandatangani perjanjian dengan Keikyu                     with Keikyu Corporation (KC) and
         Corporation (KC) dan PT JCREAL                              PT JCREAL (JCREAL) to develop project
         (JCREAL)       dengan     tujuan    untuk                   Southgate Apartment. Based on Deed of
         mengembangkan        proyek    Apartemen                    Establishment of PT Keiyu Itomas
         Southgate. Berdasarkan Akta Pendirian                       Indonesia (KII) No. 20 dated June 29, 2018
         PT Keikyu Itomas Indonesia (KII) No. 20                     of Mina Ng, S.H., a public notary in Jakarta,
         tanggal 29 Juni 2018 dari Mina Ng, S.H.,                    DSM, KC and JCREAL established KII.
         notaris di Jakarta, DSM, KC dan JCREAL                      DSM’s interest in KII is 10%.
         mendirikan KII. Bagian kepemilikan DSM
         pada KII adalah sebesar 10%.

    l.   Pada tanggal 23 November 2018,                         l.   On November 23, 2018, PT Mekanusa
         PT Mekanusa Cipta (MNC), entitas anak,                      Cipta (MNC), a subsidiary, signed a joint
         menandatangani      perjanjian   kerjasama                  venture agreement with PT Inti Gemilang
         dengan PT Inti Gemilang Bangun Perkasa                      Bangun Perkasa (IGBP) to develop real
         (IGBP)      dengan        tujuan       untuk                estate project in Cibubur, West Java.
         mengembangkan proyek real estat di                          Based on Deed of Establishment of
         Cibubur, Jawa Barat. Berdasarkan Akta                       PT Sahabat Kota Wisata (SKW) No. 30
         Pendirian PT Sahabat Kota Wisata (SKW)                      dated November 30, 2018 of Amelia
         No. 30 tanggal 30 November 2018 dari                        Jonatan S.H., M.Kn., a substitute notary of
         Amelia Jonatan, S.H., M.Kn., notaris                        Ira Sudjono S.H., M.Hum., M.Kn., MM.,
         pengganti dari Ira Sudjono S.H., M. Hum.,                   M.Si., a public notary in Jakarta, MNC and
         M.Kn., MM., M.Si., notaris di Jakarta, MNC                  IGBP established SKW. MNC’s interest in
         dan IGBP mendirikan SKW. Bagian                             SKW is 40%.
         kepemilikan MNC pada SKW adalah
         sebesar 40%.

    m. Pada tanggal 27 Agustus 2019, Perusahaan                 m. On August 27, 2019, the Company signed
       menandatangani     perjanjian  kerjasama                    a    joint   venture   agreement       with
       dengan PT MC Urban Development                              PT MC Urban Development Indonesia
       Indonesia (DDI) dengan tujuan untuk                         (DDI) to develop real estate project in
       mengembangkan proyek real estat di                          Jakarta. Based on Deed of Establishment
       Jakarta. Berdasarkan Akta Pendirian                         of PT Duti Diamond Development (DDD)
       PT Duti Diamond Development (DDD)                           No. 122 dated September 20, 2019 of Jose
       No. 122 tanggal 20 September 2019 dari                      Dima Satria, S.H., M.Kn., a public notary in
       Jose Dima Satria, S.H., M.Kn., notaris di                   Jakarta, the Company and DDI established
       Jakarta, Perusahaan dan DDI mendirikan                      DDD. The Company’s interest in DDD is
       DDD. Bagian kepemilikan Perusahaan pada                     30%.
       DDD adalah sebesar 30%.




                                                   - 100 -
Page 351
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                            PT DUTA PERTIWI Tbk 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,                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                             unless Otherwise Stated)


      n.   Pada tanggal 29 Agustus 2019, PT Putra                    n.   On August 29, 2019, PT Putra Alvita
           Alvita Pratama (PAP), entitas anak,                            Pratama (PAP), a subsidiary, signed
           menandatangani      perjanjian   kerjasama                     a joint venture agreement with IGBP to
           dengan IGBP dengan tujuan untuk                                develop real estate project in Grand
           mengembangkan proyek real estat di Grand                       Wisata, Bekasi. Based on Deed of
           Wisata, Bekasi. Berdasarkan Akta Pendirian                     Establishment of PT Sahabat Duta Wisata
           PT Sahabat Duta Wisata (SDW) No. 51                            (SDW) No. 51 dated August 29, 2019 of
           tanggal 29 Agustus 2019 dari Amelia                            Amelia Jonatan, S.H., M.Kn., a substitute
           Jonatan, S.H., M.Kn., notaris pengganti dari                   notary of Ira Sudjono, S.H., M.Hum., M.Kn.,
           Ira Sudjono, S.H., M.Hum., M.Kn., MM.,                         MM., M.Si., a public notary in Jakarta, PAP
           M.Si., notaris di Jakarta, PAP dan IGBP                        and IGBP established SDW. PAP’s interest
           mendirikan SDW. Bagian kepemilikan PAP                         in SDW is 40%.
           pada SDW adalah sebesar 40%.

      Perjanjian Sewa Jangka Panjang                                 Long–term Lease Agreements

      o.   Pada tanggal 7 April 1997, Perusahaan,                    o.   On April 7, 1997, the Company, as lessor,
           sebagai      pesewa,      menandatangani                       entered into a lease agreement with
           perjanjian sewa dengan PT Trans Retail                         PT Trans Retail Indonesia (TRI) with lease
           Indonesia (TRI) untuk jangka waktu tiga                        period for thirty (30) years. On April 2023,
           puluh (30) tahun. Pada April 2023,                             the Company and TRI agreed to terminate
           Perusahaan dan TRI setuju untuk                                the lease agreement.
           mengakhiri perjanjian sewa tersebut.

      p.   Pada tanggal 15 April 2002, PT Perwita                    p.   On April 15, 2002, PT Perwita Margasakti,
           Margasakti, entitas anak, menandatangani                       a subsidiary, entered into a lease
           perjanjian sewa, sebagai pesewa, dengan                        agreement, as lessor, with TRI for a
           TRI untuk jangka waktu dua puluh (20)                          period of twenty (20) years effective from
           tahun, yang dimulai sejak 1 Juni 2003.                         June 1, 2003. The lease agreement is not
           Perjanjian sewa tidak diperpanjang sejak                       extended upon the expiration date.
           masa berakhirnya.


45.   Perkara Hukum dan Kewajiban Bersyarat                    45.   Legal Matters and Contingencies

      a.   Perusahaan menghadapi enam (6) gugatan                    a.   The Company is a party to six (6) lawsuits
           oleh pihak ketiga, mengenai sertifikat HGB.                    in    connection     with    the    Building
           Perusahaan telah memenangkan seluruh                           Use Rights Certificate. The Company
           perkara tersebut ditingkat banding di                          has won all the cases in the High Court of
           Pengadilan Tinggi DKI Jakarta dengan                           DKI Jakarta dated March 16, 2009,
           putusan    tanggal    16    Maret      2009,                   September 14, 2009, September 15, 2009,
           14 September 2009, 15 September 2009,                          March 9, 2010, August 9, 2010 and
           9 Maret 2010, 9 Agustus 2010 dan                               May 11, 2012. Six (6) cases have been
           11 Mei 2012. Di tingkat kasasi, enam (6)                       decided in favor of the Company based on
           perkara     telah    dimenangkan        oleh                   Supreme        Court     decision      dated
           Perusahaan dengan putusan tanggal                              September 7, 2010, April 26, 2011,
           7 September 2010, 26 April 2011,                               October 20, 2011, November 8, 2011,
           20 Oktober 2011, 8 November 2011,                              August 14, 2012 and October 21, 2014. As
           14 Agustus 2012 dan 21 Oktober 2014.                           of date of completion of the consolidated
           Sampai dengan tanggal penyelesaian                             financial statements, three (3) cases in the
           laporan keuangan konsolidasian, tiga (3)                       Supreme Court of Republic of Indonesia
           perkara di tingkat Mahkamah Agung                              were settled dated October 10, 2013, May
           Republik Indonesia (MARI) telah diputus                        28, 2015 and September 1, 2016 and have
           pada tanggal 10 Oktober 2013, 28 Mei 2015                      been decided in favor of the Company and
           dan 1 September 2016 yang dimenangkan                          three (3) cases have not been announced
           oleh Perusahaan dan tiga (3) perkara belum                     whether or not the third parties will appeal
           ada pemberitahuan apakah pihak ketiga                          for re-evaluation.
           akan mengajukan peninjauan kembali.




                                                     - 101 -
Page 352
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                             PT DUTA PERTIWI Tbk 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,                                          (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)


      b.   Perusahaan menghadapi delapan (8)                          b.   The Company is a party in eight (8) lawsuits
           perkara mengenai HGB. Perusahaan telah                          in connection with the Building Use Rights
           memenangkan perkara tersebut dengan                             Certificate. The Company has won those
           putusan tanggal 8 Mei 2012 (1 perkara),                         cases dated May 8, 2012 (1 case), March
           29 Maret 2012 (1 perkara), 7 Juni 2012                          29, 2012 (1 case), June 7, 2012 (5 cases)
           (5 perkara) dan 18 Juni 2013 (1 perkara).                       and June 18, 2013 (1 case). The plaintiff of
           Pihak penggugat dari seluruh perkara                            all those lawsuits filed for appeal and were
           tersebut mengajukan banding dan sudah                           settled in appeal process on April 2, 2013,
           diputus pada tanggal 2 April 2013, 25 April                     April 25, 2013, July 3, 2013, September 17,
           2013, 3 Juli 2013, 17 September 2013,                           2013, October 2, 2013, March 18, 2014,
           2 Oktober 2013, 18 Maret 2014, 12 Juni                          June 12, 2014 and February 5, 2015 and
           2014 dan 5 Februari 2015 dimenangkan                            had been decided in favor of the Company.
           oleh Perusahaan. Dari delapan (8) perkara                       Whereas, those eight (8) cases were
           banding yang telah putus, tujuh (7) perkara                     settled, seven (7) cases enters appeal
           naik ke tingkat kasasi dan satu (1) perkara                     process and one (1) case has already
           sudah memiliki kekuatan hukum yang tetap,                       binding legal force, because the third party
           karena pihak ketiga tidak melakukan upaya                       does not do cassation to the Supreme
           hukum kasasi ke MARI. Pada perkara di                           Court of Repulic of Indonesia. In Supreme
           tingkat kasasi sudah diputus tujuh (7)                          Court, seven (7) cases were settled by the
           perkara     oleh    MARI     pada     tanggal                   Supreme Court of Republic of Indonesia
           27 November 2014, 2 Desember 2014,                              dated November 27, 2014, December 2,
           21 April 2015, 8 Juli 2015, 10 Juli 2015,                       2014, April 21, 2015, July 8, 2015, July 10,
           27 Januari 2016 dan 9 Juni 2016 yang                            2015, January 27, 2016 and June 9, 2016
           dimenangkan oleh Perusahaan. Dari tujuh                         and have been decided in favor of the
           (7) perkara ditingkat kasasi tersebut,                          Company. From that seven (7) cases at the
           terdapat tiga (3) perkara telah diputus pada                    cassation level, three (3) cases were
           tanggal 19 Oktober 2017, 8 Mei 2018 dan                         settled on October 19, 2017, May 8, 2018
           24 Mei 2018 yang dimenangkan oleh                               and May 24, 2018 and has been decided in
           Perusahaan.                                                     favor of the Company.

      Manajemen      Grup   berkeyakinan        bahwa                 Management believes that the eventual
      kewajiban yang mungkin timbul atas gugatan                      liabilities under these lawsuits or claims, if any,
      hukum atau tuntutan dari pihak ketiga, jika ada,                will not have a material adverse effect on the
      tidak akan menimbulkan kerugian yang material                   Group’s future financial position and operating
      pada posisi keuangan dan hasil operasi Grup di                  results.
      masa yang akan datang.


46.   Informasi Segmen                                          46.   Segment Information

      Informasi Segmen Operasi                                        Operating Segment Information

      Grup dikelola dan dikelompokkan dalam divisi                    The Group’s operating segment information is
      usaha yang terdiri dari real estat, properti dan                presented based on their business activities,
      hotel.                                                          namely, real estate, property and hotel.




                                                      - 102 -
Page 353
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                                      PT DUTA PERTIWI Tbk 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,                                                                   (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                                       unless Otherwise Stated)


    Informasi bentuk segmen operasi yang berupa                                               The Group’s operating segment information are
    segmen usaha Grup adalah sebagai berikut:                                                 presented below:
                                                                                   2024
                                            Real Estat/            Properti/                 Hotel/            Konsolidasian/
                                            Real Estate            Property                  Hotel             Consolidated

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

     Pendapatan                                                                                                                    Revenues
       Pihak eksternal                    4.004.851.521.236     417.831.139.012                         -     4.422.682.660.248     Revenues from external parties

     Hasil segmen                                                                                                                  Segment results
      Laba kotor segmen                   2.251.150.897.836     359.131.201.278                         -     2.610.282.099.114      Segment gross profit

     Laba usaha                           1.214.952.777.491     150.205.091.536            (6.190.324.722)    1.358.967.544.305    Profit from operations
     Ekuitas pada laba (rugi) bersih                                                                                               Share in net income (loss)
       dari investasi dalam saham           (15.501.799.298)                   -           43.119.314.750        27.617.515.452      of investees
     Penghasilan (beban) lain-lain -
       bersih                               (23.964.050.903)     11.790.213.335             2.661.123.122        (9.512.714.446)   Other income (expenses) - net

     Laba sebelum pajak                   1.175.478.927.290     161.995.304.871            39.598.113.150     1.377.072.345.311    Profit before tax
     Beban pajak                              1.124.772.536         416.306.440                         -         1.541.078.976    Tax expense
     Laba bersih                          1.174.354.154.754     161.578.998.431            39.598.113.150     1.375.531.266.335    Net profit

     Laporan Posisi Keuangan                                                                                                       Consolidated Statement of Financial
       Konsolidasian                                                                                                                Position

     Aset segmen (tidak termasuk                                                                                                   Segment Assets (exclude
       Pajak Dibayar Dimuka)             12.431.417.675.349    1.498.341.542.637          120.943.474.054    14.050.702.692.040      Prepaid Taxes)

     Liabilitas segmen (tidak termasuk                                                                                             Segment Liabilities (exclude
       Utang Pajak)                       2.129.989.015.681     301.397.024.574               667.004.023     2.432.053.044.278      Taxes Payable)

     Informasi Lainnya                                                                                                             Other Information
        Beban penyusutan                   193.686.227.237       61.074.699.093               532.956.834       255.293.883.164      Depreciation



                                                                               2023
                                            Real Estat/            Properti/                 Hotel/            Konsolidasian/
                                            Real Estate            Property                  Hotel             Consolidated

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

     Pendapatan                                                                                                                    Revenues
       Pihak eksternal                    3.470.179.451.141     392.244.704.548                         -     3.862.424.155.689     Revenues from external parties

     Hasil segmen                                                                                                                  Segment results
      Laba kotor segmen                   1.983.502.592.395     332.057.106.907                         -     2.315.559.699.302      Segment gross profit

     Laba (rugi) usaha                    1.036.740.879.084     161.312.339.118            (5.592.040.066)    1.192.461.178.136    Profit (loss) from operations
     Ekuitas pada rugi bersih dari
       investasi dalam saham                (10.059.718.094)                   -           16.660.345.616         6.600.627.522    Share in net loss of investees
     Penghasilan (beban) lain-lain -
       bersih                               73.763.640.929       11.442.049.652             3.220.332.310       88.426.022.891     Other income (expenses) - net

     Laba sebelum pajak                   1.100.444.801.919     172.754.388.770            14.288.637.860     1.287.487.828.549    Profit before tax
     Beban pajak                              1.955.362.772         271.080.920                         -         2.226.443.692    Tax expense
     Laba bersih                          1.098.489.439.147     172.483.307.850            14.288.637.860     1.285.261.384.857    Net profit

     Laporan Posisi Keuangan                                                                                                       Consolidated Statement of Financial
       Konsolidasian                                                                                                                Position

     Aset segmen (tidak termasuk                                                                                                   Segment Assets (exclude
       Pajak Dibayar Dimuka)             13.250.861.616.532    1.377.213.447.037          166.300.895.488    14.794.375.959.057      Prepaid Taxes)

     Liabilitas segmen (tidak termasuk                                                                                             Segment Liabilities (exclude
       Utang Pajak)                       3.343.944.957.312     294.345.270.214             6.737.306.025     3.645.027.533.551      Taxes Payable)

     Informasi Lainnya                                                                                                             Other Information
        Beban penyusutan                    67.614.930.303       62.245.481.524              661.383.584       130.521.795.411       Depreciation




                                                                        - 103 -
Page 354
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                              PT DUTA PERTIWI Tbk 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,                                                           (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                               unless Otherwise Stated)


47.   Aset dan Liabilitas Moneter Bersih dalam                                  47.   Net Monetary Assets and Liabilities
      Mata Uang Asing                                                                 Denominated in Foreign Currency

      Tabel berikut ini mengungkapkan jumlah aset                                     The following table shows consolidated
      dan liabilitas moneter konsolidasian dalam mata                                 monetary assets and liabilities denominated in
      uang asing:                                                                     foreign currency:

                                                  2024                                        2023
                                   Mata Uang           Ekuivalen/           Mata Uang                 Ekuivalen/
                                     Asing/           Equivalent in           Asing/                 Equivalent in
                                   U.S.Dollar              Rp               U.S.Dollar                    Rp

      Aset                                                                                                                 Assets
      Aset Lancar                                                                                                          Current Assets
         Kas dan setara kas                                                                                                   Cash and cash equivalents
            Pihak berelasi                  -                        -             19.479               300.283.794              Related parties
            Pihak ketiga              126.495            2.044.415.113            123.637             1.905.996.378              Third parties
         Piutang lain-lain                                                                                                    Other accounts receivable
            Pihak ketiga                    166             2.682.892                 127                 1.957.832              Third parties
      Jumlah Aset                     126.661            2.047.098.005            143.243             2.208.238.004        Total Assets

      Liabilitas                                                                                                           Liabilities

      Liabilitas Jangka Pendek                                                                                             Current Liabilities
         Setoran Jaminan                                                                                                      Security deposits
              Pihak berelasi        (1.552.341)       (25.088.935.242)          (1.896.984)       (29.243.905.344)               Related parties
              Pihak ketiga          (3.305.917)       (53.430.230.554)          (3.328.887)       (51.318.121.992)               Third parties

      Jumlah Liabilitas             (4.858.258)       (78.519.165.796)          (5.225.871)       (80.562.027.336)         Total Liabilities

      Liabilitas Bersih             (4.731.597)       (76.472.067.791)          (5.082.628)       (78.353.789.332)         Net Liabilities

      Pada tanggal 31 Desember 2024 dan 2023, kurs                                    As of December 31, 2024 and 2023, conversion
      konversi yang digunakan Grup diungkapkan                                        rates used by the Group were disclosed in Note
      pada Catatan 2 atas laporan keuangan                                            2 to consolidated financial statements.
      konsolidasian.


48.   Pengungkapan Tambahan Laporan Arus Kas                                    48.   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


      Piutang pemesanan saham entitas anak                                                                           Subscription receivable of subsidiaries
        oleh kepentingan nonpengendali (Catatan 32)           4.900.000.000                                -           from non-controlling interests (Note 32)

                                                                                                                     Liabilities arising from acquisition of
      Utang penambahan aset tetap (Catatan 14)                  959.816.723                   844.616.500              property and equipment (Note 14)

      Dividen yang masih harus dibayar (Catatan 32)             348.843.800                                -         Dividends payable (Note 32)

      Realisasi uang muka dividen dari entitas                                                                       Realization of advance payment
       anak yang menjadi bagian kepentingan                                                                           of subsidiaries to non-controlling
       nonpengendali (Catatan 32)                                           -           38.848.592.250                interest (Note 32)

      Utang penambahan properti investasi                                                                            Liabilities arising from acquisition of
        (Catatan 16)                                                        -                 684.153.275              investment properties (Note 16)




                                                                  - 104 -
Page 355
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                                            PT DUTA PERTIWI Tbk 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,                                                         (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)


49.   Reklasifikasi Akun                                                     49.     Reclassification of Accounts

      Beberapa akun dalam laporan keuangan                                           Certain accounts in the 2023 consolidated
      konsolidasian tahun 2023 telah direklasifikasi                                 financial statements have been reclassified to
      agar sesuai dengan penyajian laporan keuangan                                  conform with the 2024 consolidated financial
      konsolidasian tahun 2024, sebagai berikut:                                     statements presentation. A summary of such
                                                                                     accounts is follows:

                                Disajikan sebelumnya/           Reklasifikasi/                Disajikan kembali/
                                As previously reported         Reclassification                  As restated

      Laporan posisi keuangan                                                                                         Consolidated statements of
        konsolidasian                                                                                                   financial position

      Aset                                                                                                            Assets
        Piutang usaha                   23.545.226.114                21.578.977.057               45.124.203.171       Trade accounts receivable
        Piutang lain-lain               29.039.351.292               (21.578.977.057)               7.460.374.235       Other accounts receivable


      Reklasifikasi diatas tidak mempengaruhi laporan                                The above reclassifications did not affect
      laba rugi dan penghasilan komprehensif lain                                    the 2023 consolidated statements of profit or
      konsolidasian Grup tahun 2023.                                                 loss and other comprehensive income of the
                                                                                     Group.


50.   Rekonsiliasi Liabilitas Konsolidasian yang                             50.     Reconciliation of Consolidated Liabilities
      Timbul dari Aktivitas Pendanaan                                                Arising from Financing Activities

      Tabel berikut menjelaskan perubahan pada                                       The table below details changes in the Group’s
      liabilitas Grup yang timbul dari aktivitas                                     liabilities arising from financing activities,
      pendanaan, yang meliputi perubahan terkait kas                                 including both cash and non-cash changes:
      dan nonkas:

                                                                                    Perubahan Nonkas/
                                                                                    Non-cash changes
                                1 Januari/                              Pergerakan valuta                           31 December/
                                January 1,         Arus kas/              asing/Changes       Perubahan lainnya/    December 31,
                                  2024             Cash flow           in foreign exchange      Other changes           2024

      Liabilitas sewa           2.482.013.717     (2.583.980.000)                       -           101.966.283                    -   Lease liabilities


                                                                                    Perubahan Nonkas/
                                                                                    Non-cash changes
                                1 Januari/                              Pergerakan valuta                           31 December/
                                January 1,         Arus kas/              asing/Changes       Perubahan lainnya/    December 31,
                                  2023             Cash flow           in foreign exchange      Other changes           2023

      Liabilitas sewa           4.589.963.975      (2.362.580.000)                      -           254.629.742      2.482.013.717     Lease liabilities




51.   Perubahan Pernyataan Standar Akuntansi                                 51.     Changes to Statements of Financial
      Keuangan     dan   Interpretasi Standar                                        Accounting Standards and Interpretations
      Akuntansi Keuangan                                                             of Financial Accounting Standards

      Mulai tanggal 1 Januari 2024, perubahan                                        Beginning January 1, 2024, changes in
      penomoran atas Pernyataan Standar Akuntansi                                    numbering of the Statements of Financial
      Keuangan (PSAK) dan Interpretasi Standar                                       Accounting     Standards     (PSAK)    and
      Akuntansi Keuangan telah berlaku efektif.                                      Interpretation  of   Financial   Accounting
                                                                                     Standards have become effective.




                                                                - 105 -
Page 356
PT DUTA PERTIWI Tbk DAN ENTITAS ANAK                           PT DUTA PERTIWI Tbk 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,                                        (Figures are Presented in Rupiah,
kecuali Dinyatakan Lain)                                                            unless Otherwise Stated)


    Perubahan 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,                 accounting standards, which are effective from
    relevan bagi Grup namun tidak menyebabkan                     January 1, 2024 and relevant for the Group, and
    perubahan material terhadap jumlah-jumlah                     had no material effect on the amounts reported
    yang dilaporkan dalam laporan keuangan                        in the consolidated financial statements:
    konsolidasian:

    −   Amandemen PSAK No. 116, “Sewa” terkait                    − Amendments to PSAK No. 116, “Leases”
        liabilitas sewa pada transaksi jual dan sewa                regarding lease liabilities in sale-and-lease
        balik                                                       back transaction

    −   Amandemen PSAK No. 201, “Penyajian                        − Amendments      to   PSAK     No.   201,
        Laporan Keuangan” terkait liabilitas jangka                 “Presentation of Financial Statements”
        panjang dengan kovenan                                      regarding    noncurrent liabilities with
                                                                    covenant

    −   Amendemen PSAK No. 201, “Penyajian                        − Amendments       to    PSAK   No.      201,
        Laporan Keuangan” tentang klasifikasi                       “Presentation of Financial Statements”
        liabilitas sebagai jangka pendek atau jangka                regarding classification of liabilities as
        panjang                                                     current or non-current

    −   Amandemen PSAK No. 207, “Laporan Arus                     − Amendments to PSAK No. 207, “Statement
        Kas” dan PSAK No. 107, “Instrumen                           of Cash Flow” and PSAK No. 107, “Financial
        Keuangan:     Pengungkapan”   tentang                       Instrument: Disclosures” regarding supplier
        pengaturan pembiayaan pemasok                               financing arrangements

    Telah diterbitkan namun belum berlaku efektif                 Issued but not yet effective

    Amandemen standar akuntansi keuangan yang                     Amendments to financial accounting standard
    telah diterbitkan yang bersifat wajib untuk tahun             issued that are mandatory for the financial year
    buku yang dimulai pada atau setelah:                          beginning or after:

    1 Januari 2025                                                January 1, 2025

    −   Amandemen PSAK No. 221, “Pengaruh                         − Amendments to PSAK No. 221, “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  penyelesaian                  As at the date of completion of these
    laporan keuangan konsolidasian, Grup masih                   consolidated financial statements, the Group is
    mempelajari dampak yang mungkin timbul dari                  still evaluating the potential impact of the above
    penerapan amandemen PSAK tersebut dan                        amandments to PSAKs and has not yet
    dampak dari penerapan amandemen PSAK                         determined the related effect on the consolidated
    tersebut pada laporan keuangan konsolidasian                 financial statements.
    belum dapat ditentukan.



                                                    ********




                                                    - 106 -
Page 357
2024
LAPORAN TAHUNAN
ANNUAL REPORT




                                                                 Pindai di sini
                                                                 untuk mengakses
                  Sinar Mas Land Plaza       Phone.              Laporan Tahunan
                                                                 2023 secara
                  Grand Boulevard            +62 21 50 368 368   daring
                  BSD Green Office Park      Fax.                Scan here to
                                                                 access Annual
                  BSD City Tangerang 15345   +62 21 50 588 270   Report 2023 online

File

File Open PDF
Source IDX
Size8.73 MB
Published30 Apr 2025
Pages357
Characters1,705,416
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 226 people and organisations named in the text · linked when the evidence is strong

linked org Duta Pertiwi Tbk · Company Name p.3 ×286
linked org Sinar Mas p.34 ×15
linked org Bumi Serpong Damai Tbk p.34 ×78
linked org PT Bumi Serpong p.36 ×20
linked org Kawan Lama p.49 ×2
linked person Prof. DR. Teddy Pawitra · Wakil Komisaris Utama p.51 ×11
linked person Prof. DR. Susiyati Bambang Hirawan · Komisaris Independen p.51 ×8
linked person Rusli Prakarsa p.51
linked org PT Ekacentra Usahamaju. p.54 ×3
linked org Puradelta Lestari Tbk p.54 ×18
linked org Suryamas Dutamakmur Tbk p.55 ×8
linked org Bank Central Asia Tbk p.57 ×5
linked org Pabrik Kertas Tjiwi Kimia Tbk p.59 ×5
linked org Sinarmas Land Ltd. p.59 ×14
linked org Sinar Mas Multiartha Tbk p.59 ×5
linked org Dian Swastatika Sentosa Tbk p.59 ×5
linked org PT Dian Swastatika p.59 ×3
linked org Dana Pensiun p.74
linked org SCB SG S/A Bank J. p.75
linked org The Northern Trust p.76
linked org PT Kurniasubur Permai p.77 ×3
possible org Bursa Efek Indonesia p.9 ×3
possible org Otoritas Jasa Keuangan p.9 ×2
possible person MUKTAR WIDJAJA · Komisaris Utama p.26 ×10
possible person Franciscus Xaverius p.51 ×5
possible org PT Paraga Artamida p.54 ×12
possible org Properties Ltd. p.59 ×2
possible org PT ASABRI p.64 ×2
possible — Ali Umar p.76
possible person Prof. DR. Satrio p.82
possible person Syarifudin · Notaris p.85
possible — Harjanto p.146
possible — Handoko p.146
possible — Wibowo p.146
possible — Jeffry p.148
unresolved org Brief History p.6
unresolved — Addresses p.6
unresolved org PT Duta p.8 ×3
unresolved org Pertiwi Tbk p.8
unresolved org PT Sinartama Gunita Share Registrar p.9
unresolved org Indonesia Stock Exchange p.9 ×2
unresolved org Bank Indonesia p.9 ×2
unresolved org Koordinasi Penanaman Modal p.9
unresolved org Mahkamah Agung Republik Indonesia p.9
unresolved org Financial Services Authority p.9 ×2
unresolved org Shareholders Tbk p.9
unresolved org Kementerian Investasi p.19
unresolved org Ministry of Investment p.19
unresolved org Kota Nusantara p.19 ×2
unresolved org PT Sahabat Kota p.21 ×2
unresolved org PT Sahabat Kota Wisata p.21 ×3
unresolved person Notary Mohamad Said Tadjoedin · Notaris p.35 ×2
unresolved org Minister of Justice p.35
unresolved org Menteri Hukum dan Hak Asasi Manusia RI p.35
unresolved org Kementerian Hukum dan Hak Asasi Manusia RI p.35
unresolved org Ministry of Law p.35
unresolved org Rooms Inc. p.41 ×11
unresolved person Hongky J. Nantung · Member p.51
unresolved person Lie Jani Harjanto · Direktur Director p.53 ×3
unresolved person Teky Mailoa · President Director p.53 ×4
unresolved org Perini Corp. p.54 ×2
unresolved org Hundley Inc. p.54 ×2
unresolved org Serpong Damai Tbk. p.54 ×2
unresolved org PT Pembangunan Deltamas p.54 ×2
unresolved org PT Pembangunan Deltamas Utama p.54
unresolved person Deputy · Direktur p.54
unresolved org Damai Tbk p.54 ×11
unresolved org PT Ekacentra p.54 ×3
unresolved org Bumi Usahamaju. Serpong Damai Tbk. p.54 ×2
unresolved org PT Pembangunan Wollongong p.56
unresolved org PT Excelcomindo Pratama p.56 ×2
unresolved org PT Indah Kiat Pulp p.59 ×3
unresolved org Paper Tbk p.59 ×3
unresolved org PT Sinar Mas Agro Resources p.59 ×7
unresolved org Technology Tbk p.59 ×11
unresolved org AFP Properties Ltd. p.59
unresolved org Executive Officer Sinarmas Land Ltd. p.59
unresolved org Utama Golden Agri Resources Ltd p.59 ×2
unresolved org Agri Resources Ltd p.59
unresolved — Muktar · Presiden Komisaris p.59
unresolved org Golden Agri Resources Ltd p.59
unresolved org Sentosa Tbk p.59 ×2
unresolved org PT Putra Satria Prima p.60
unresolved org PT Indulexco p.60 ×2
unresolved org PT Ekacentra Usahamaju Parahyangan p.60
unresolved org PT Paraga Artamida Indonesia p.60
unresolved org PT Ekacentra Usahamaju Pengalaman Profesional p.60
unresolved org None Duta Pertiwi Tbk p.60
unresolved org PT Sinar p.62
unresolved org PT Pabrik Kertas Tjiwi p.62
unresolved org Puradelta Kimia Tbk p.62 ×2
unresolved org Lestari Tbk p.62
unresolved org Tjiwi Kimia Tbk p.62
unresolved org Technology Paper Tbk p.62
unresolved org PT Indah Kiat p.62
unresolved org Bank Internasional Indonesia p.62
unresolved org PT Sinar Mas Agro p.62 ×2
unresolved org Sinar Mas Agro (1999 – 2000) | Resources and Technology p.62
unresolved org Bank International p.62
unresolved org PT Swadayanusa Kencana Indonesia p.62
unresolved org PT Swadayanusa Kencana p.62
unresolved org PT Star Engines Indonesia Raharja p.62
unresolved org PT Star Engines Indonesia p.62
unresolved org PT Lima Satrya Nirwana p.62 ×2
unresolved org PT Bumi Serpong Manufacturing p.62 ×2
unresolved org PT German Motors p.62
unresolved org PT Star Motors Indonesia p.62 ×2
unresolved org PT Gading Mas Surabaya p.62 ×2
unresolved person Drs. Utomo p.62 ×2
unresolved org PT Bumi Serpong Chairwoman p.64
unresolved org PT Puradelta Lestari Independent p.64
unresolved org PT Rekayasa Industri p.64 ×2
unresolved org Sinar Mas Agro 2010) | Resources and Technology p.64
unresolved org PT Pupuk Sriwijaya p.64 ×2
unresolved org PT Suryamas p.64
unresolved org Dutamakmur Tbk p.64
unresolved org Departemen Keuangan Republik Indonesia p.64
unresolved person Shareholdings · Komisaris p.74
unresolved org Appointed Controller Sinarmas Land Limited p.75 ×2
unresolved org Limited Liability Company Institusi Asing Eurotrade Developments Limited p.75
unresolved org Morning Bright Investments p.75
unresolved org Reksa Dana Panin Dana Maksima - p.75
unresolved org Institusi Asing Ltd. p.75
unresolved org Koperasi Koperasi Unit Desa Lubuk Alung III p.76
unresolved org PT Infiniti Securities p.76
unresolved org PT Duti Diamond p.77 ×3
unresolved org PT Kembangan Permai Development p.77
unresolved org PT Mitrakarya Multiguna Shopping Mall p.77
unresolved org PT Mustika Karya Sejati Office Building p.77
unresolved org PT Itomas Kembangan Perdana p.77 ×2
unresolved org PT Pangeran Plaza Utama Kota Bunga p.77
unresolved org PT Anekagriya Buminusa p.77 ×2
unresolved org PT Saranapapan Ekasejati p.77 ×2
unresolved org PT Kanaka Grahaasri p.77 ×2
unresolved org PT Perwita Margasakti p.77 ×2
unresolved org PT Mekanusa Cipta Apartment p.77
unresolved org PT Phinisindo Zamrud Kota Wisata p.77
unresolved org PT Prima Sehati p.77 ×3
unresolved org PT Prestasi Mahkota Utama Kota Wisata p.77
unresolved org PT Putra Prabukarya p.77 ×2
unresolved org PT Putra Alvita Pratama Kota Wisata p.77
unresolved org PT Putra Tirta Wisata Badan Kerjasama Pasar Pagi p.77
unresolved org Kerjasama Pasar Pagi p.77
unresolved org PT Citraagung Tirtajatim p.77
unresolved org PT Panca Lambang Cipta p.77 ×2
unresolved org PT Duta Karya Propertindo p.77 ×2
unresolved org PT Sahabat Duta Wisata p.77
unresolved org PT Royal Oriental Sinar Mas Land Jakarta Tower p.77
unresolved org PT Duta Semesta Mas p.77 ×2
unresolved org PT Keikyu Itomas Indonesia p.77
unresolved org PT Sinarwijaya Ekapratista p.77 ×2
unresolved org PT Matra Olah Cipta p.77
unresolved org PT Sinarwisata Lestari p.77 ×2
unresolved org PT Misaya Properindo p.77 ×2
unresolved org PT Sinarwisata Permai p.77 ×2
unresolved org PT Binamaju Mitra Sejati Wisata Bukit Mas p.77
unresolved org PT Kurnia Sinergi Mas p.77 ×2
unresolved org PT Wijaya Pratama Raya DP Mall p.77
unresolved org PT Anekagriya p.78
unresolved org PT Kanaka p.78
unresolved org PT Mekanusa Cipta Real Estate p.78
unresolved org PT Putra p.78
unresolved org PT Duta Karya p.78
unresolved org PT Itomas p.78
unresolved org PT Kembangan p.78
unresolved org PT Kurniasubur p.78
unresolved org PT Kurnia Sinergi p.78
unresolved org PT Misaya p.78
unresolved org PT Mitrakarya p.78
unresolved org PT Mustika p.78
unresolved org PT Pangeran Plaza p.79
unresolved org PT Saranapapan p.79
unresolved org PT Perwita p.79
unresolved org PT Phinisindo p.79
unresolved org PT Prestasi p.79
unresolved org PT Putra Alvita p.79
unresolved org PT Panca Lambang Real Estate p.79
unresolved org PT Putra Tirta p.79
unresolved org PT Royal p.79
unresolved — Oriental p.79
unresolved org PT Sinarwijaya p.79
unresolved org PT Sinarwisata p.79 ×2
unresolved org PT Wijaya Pratama p.79
unresolved org PT Citraagung Tirta Property p.79
unresolved org PT Matra Olahcipta p.79
unresolved org PT Keikyu p.80
unresolved org PT Sahabat p.80 ×3
unresolved org PT Binamaju Mitra p.80
unresolved org Kerjasama p.80
unresolved org PT Mekanusa Cipta p.81
unresolved org PT Kembangan Permai p.81
unresolved org PT Mitrakarya Multiguna p.82
unresolved org PT Mustika Karya Sejati p.82
unresolved org PT Pangeran Plaza Utama p.82
unresolved org PT Phinisindo Zamrud Nusantara p.82
unresolved org PT Prestasi Mahkota Utama p.82
unresolved org PT Putra Alvita Pratama Grand Wisata p.82
unresolved org PT Putra Tirta Wisata p.82
unresolved org PT Royal Oriental p.82
unresolved person KH. Hasyim Ashari Km. p.82
unresolved org PT Wijaya Pratama Raya p.82 ×3
unresolved org Moore Global Network Limited p.84
unresolved org Benedictus Yuliando Unqualified Opinion Limited p.84
unresolved org Leo Susanto Unqualified Opinion Limited p.84 ×3
unresolved org Yelly Warsono Unqualified Opinion Limited p.84
unresolved org Capital Market Supporting Institutions p.85
unresolved org PT Itomas Kembangan Southgate p.87
unresolved org PT Duti Diamond Development p.87
unresolved org Kantor Akuntan Publik Mirawati Sensi Idris p.103 ×2
unresolved org Moore Global Network Network Limited p.103
unresolved person Handoko Wibowo · Direktur p.137 ×2
unresolved person Hongky Jeffry Nantung · Direktur p.137 ×4
unresolved org Mirawati Sensi Idris p.139
unresolved org Kantor Akuntan Publik Mirawati Sensi Idris. To p.140
unresolved — belum memiliki program pengenalan p.146
unresolved — [SEOJK 2.g.2.d.1] [ACGS D.5.1] [PUGKI 1.7.1.1] p.146
unresolved — Piagam p.146
unresolved — partisipasi di dalam pelatihan dan program- p.146
unresolved — program pengembangan lainnya. [SEOJK 2.g.2.d.1] p.146
unresolved — diikuti oleh Direksi pada tahun 2024 adalah p.146
unresolved — sebagai berikut: [SEOJK 2.g.2.d.2] p.146
unresolved org Strategic Partnership in Dynamic Technological p.148
unresolved — Leadership - Lesson Learned in Automotive p.148
unresolved — Personal Data Protection Awareness p.148
unresolved person BOC · Komisaris p.150

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

No extraction attempted yet.

Other files in this announcement 3

↑↓ select ↵ open ⇧↵ see every result