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BALANCING GROWTH:
Strategic Adaptations in a
Dynamic Market
a n nua l r ep ort
2024
Page 2
iv 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Balancing Growth:
Strategic Adaptations in
a Dynamic Market
Adira Finance’s balanced growth strategy in 2024
amidst a dynamic market focuses on strengthening its
core automotive business while diversifying into non-
automotive financing. This dual approach mitigates
market risks and unlocks new growth avenues.
Developing innovative products like multipurpose
loans and heavy equipment financing reflects a
proactive response to evolving consumer needs, driving
sustainable growth and customer retention.
Operationally, Adira leverages synergies with Bank
Danamon and the MUFG ecosystem to enhance
competitiveness and stakeholder value. A commitment
to prudent risk management, business continuity, and
high asset quality reinforces stability. The Company’s
strategic pillars, spanning automotive penetration and
non-automotive expansion to digitalization and liquidity,
underscore this commitment to balanced growth
through strategic adaptation.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 1
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Table of
CONTENTS
Balancing Growth:
Strategic Adaptations in
1 CORPORATE PROFILE MANAGEMENT
a Dynamic Market DISCUSSION
Continuity Theme Last 5 years
The 2024 Strategy 8
6 Corporate Identity
Adira Finance at A Glance
59
60
AND ANALYSIS
Digital Development Initiative 9 Milestones 64
Macroeconomic and Industry Outlook 142
2024 Performance Highlights 10 Line of Business 66
Operational Review per Business 145
Financial Highlights 12 List of Membership in Association 67 Segment
Key Financial Highlights 13 Organizational Structure ADIRA 68 Motorcycle Financing 146
FINANCE
Stock Highlights 17 Car Financing 148
Vision and Mission 70
Overview of Adira Finance Bonds and 19 Non-Automotive Financing 154
Sukuk Mudharabah Business Strategy in 2023 72
Operation Review per Region 157
Sustainability Performance Highlights 23 Adira Finance in Number 72
Marketing 158
Event Highlights 24 Brand and Logo 73
Operations 163
Awards 28 Brand Personality 73
Human Resources 167
Board of Commissioners Profile 74
Information Technology 181
Audit Committee Profile 80
Financial Review Analysis 184
Risk Monitoring Committee Profile 83
Other Material Information 198
Nomination and Remuneration 86
Committee Profile Solvency 198
Receivables Collectability 200
MANAGEMENT REPORT Corporate Governance Committee
Profile
89
Capital Structure 201
Board of Directors Profile 91 Material Commitments to Capital 202
Report of the Board of Commissioners 32 Sharia Supervisory Board Profile 99 Expenditure
Report of the Board of Directors 42 Senior Officers Profile 102 Realization of Capital Goods Investment 202
for The Last Fiscal Year
Changes In The Composition 122
of Members of The Board of Material Facts and Information 202
Commissioners And Board of Directors Subsequent to Accountant’s Report
Date
Total Number and Data on Employee 123
Competency Development Commitment and Contingency 202
Shareholders Composition 125 Comparison of 2024 Target and 203
Realization
Chronology of Stock Listing 127
2025 Outlook 203
Chronology of Other Securities Listing 130
Dividend Policy 204
Shareholder of Affiliates, Subsidiaries, 132
Associates and Joint Ventures Employee and/or Management Share 205
Ownership Program
Group Structure 133
Realization of Proceeds from Public 205
Public Accounting Services and Public 134 Offering
Accounting Firm
Material Transactions for Investments, 205
Name and Address of Supporting 135 Expansion, Divestments, Business
Institutions and/or Professionals Mergers or Acquisitions, and Debt/
Corporate Website Information 136 Capital Restructurings
Management Education and Training 137 Transactions with Conflicts of Interest 206
and Transactions with Affiliated or
Related Parties
Changes to Laws and Regulations with 208
a Significant Impact on The Company
Changes in Accounting Principles 209
Compliance with Tax Payments 209
Economic Performance 210
Business Prospect 212
2 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
CORPORATE Policy on the Rights of Creditors 345 FINANCIAL
GOVERNANCE Customer/Consumer Protection Policy
Corporate Ethics
346
348
STATEMENTS
Conflict of Interest Management and 350
Corporate Governance Report 220 Relationships with Related Parties Annual Financial Statements 450
Corporate Governance Structure of 222 Prevention of Insider Transactions 351
Adira Finance
Gratuity Control 351 LIST OF DISCLOSURE BASED ON 597
Corporate Governance Policy 222 POJK NO.51/POJK.03/2017 &
Anti-Corruption Policy 352 GRI CONTENT INDEX WITH REFERENCE
General Meeting of Shareholders 223
Fraud Control 354 FEEDBACK FORM 600
Sustainability Management 243
Company Legal Issues 358
Board of Commissioners 246
Administrative Sanctions from 364
Independent Commissioner 251 Regulators
Meeting of The Board of Commissioners 254 Access to Company Information and 365
Joint Meetings of the Board of 256 Data
Commissioners and Board of Directors Corporate Governance Assessment 365
Board of Directors 258 Report of Sharia Governance 370
Meeting of the Board of Directors 269
Management Contract 273
Executive Committee 273
Relationship between the Board of 276
Commissioners and the Board of
Directors ENVIRONMENTAL AND
Diversity in the Composition of the
Board of Commissioners and Board of
277 SOCIAL
Directors RESPONSIBILITY
Performance Assessment of the 278
Board of Commissioners and Board of
Directors Sustainability Strategy 382
Remuneration for the Board of 281 About This Report 389
Commissioners, Board of Directors
Social Responsibility in the Field of 392
and Committees Under the Board of
Community Development
Commissioners
Social Responsibility in the Fields of 398
Audit Committee Report 285
Labour Practices and Occupational
Risk Monitoring Committee Report 292 Health and Safety
Nomination and Remuneration 297 Environmental Social Responsibility 406
Committee
Social Responsibility to Consumers 411
Corporate Governance Committee 302
IT: Business Development Strategy 417
Corporate Secretary 306
Testimony 419
Internal Audit 308
Compliance Function 313
Internal Control System 315 SUPPORTING DATA
Public Accountant 319
Risk Management 321 Operational Area 424
Procurement of Goods and Services 343 The Company’s Business Networks 426
Dividend Policy 344
Provision of Funds for Related Parties 344
Provision of Funds for Social and 344
Political Activities
Contribution to the Country 345
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 3
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SYNERGY AND
COLLABORATION
As a subsidiary of Bank Danamon and part
of the global financial group MUFG, Adira
Finance is committed to building healthy
long-term relationships with consumers
or customers for life, as well as strong
synergies and collaboration with business
partners, which are believed to be able to
support the Company’s performance in a
sustainable manner.
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
We provide a variety of financial solutions
for the Indonesian people according
to their needs in their life cycle, which
includes motor vehicle financing products
such as motorcycles and cars, both new
and used, as well as non-automotive
financing products ranging from electronic
devices and gadgets to furniture and
cash loan facilities. Not only serving
conventional financing, we also provide
financing solutions using sharia principles
through the Adira Finance Sharia Business
Unit.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 5
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5
2024 2023
Balancing Growth: Strategic Leveraging Synergies
Adaptations in a Dynamic Synergies for Growth
Market In 2023, Adira Finance managed
to record strong asset growth and
Adira Finance’s balanced growth profitability against the backdrop
strategy in 2024 amidst a dynamic of a continuously improving
market focuses on strengthening automotive and financing industry
its core automotive business while landscape. Utilizing synergies
diversifying into non-automotive internally and with Bank Danamon
financing. This dual approach as the parent company and other
mitigates market risks and unlocks MUFG group entities, the Company
new growth avenues. Developing is able to expand product offerings
innovative products like multipurpose and customer reach to drive
loans and heavy equipment financing growth.
reflects a proactive response to This synergy also allows the
evolving consumer needs, driving Company to expand and
YEARS
sustainable growth and customer strengthen its ecosystem,
retention. which ultimately increases
customer engagement.
Operationally, Adira leverages Together with ongoing human
synergies with Bank Danamon and resource transformation and
the MUFG ecosystem to enhance digitalization, as well as prudent
competitiveness and stakeholder risk management to ensure
value. A commitment to prudent risk business health and continuity, the
management, business continuity, and Company’s increased synergy has
high asset quality reinforces stability. strengthened its market share and
The Company’s strategic pillars, positioned Adira Finance for future
spanning automotive penetration growth.
and non-automotive expansion to
digitalization and liquidity, underscore
this commitment to balanced growth
through strategic adaptation.
2023
Performance
BALANCING GROWTH: Highlights
Strategic Adaptations in a New Financing
(IDR Trillion)
Dynamic MarketLeveraging Synergies
for Growth
Leveraging Synergies
41.6
for Growth 37.9
31.7
25.9
18.6
2019 2020 2021 2022 2023
Managed Receivables
by Source
(IDR Trillion)
Self-Financing Joint Financing
54.8 55.7
44.0 44.6
40.4
23.3
26.4
19.2 20.9
18.8
31.5
24.8 29.3
21.6 23.7
2019 2020 2021 2022 2023
Leveraging Synergies
Total Assets
(IDR Trillion)
PT Adira Dinamika Multi Finance Tbk for Growth
35.1
Gedung Millenium Centennial Center, Lantai 53, 56-61
31.0
2023
Jl. Jend. Sudirman Kav. 25, 29.2
Jakarta Selatan 12920 Indonesia Annual Report 23.7 24.9
Phone : (62-21) 3973-3322/3232,
Facsimile : (62-21) 3973-4949
E-mail : af.corsec@adira.co.id
Website : www.adira.co.id
annual report
2024
PT A d i r a D i n a m i ka M u l t i Fi n a n c e T b k 2019 2020 2021 2022 2023
6 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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2022 2021 2020
Building Resilience for Driving Customer-centric and Accelerating Digitalization
Accelerating Growth Digitalization for Business and Customer-centric
In line with the national economic Transformation Transformation
recovery, the automotive and The performance of the financing The financing industry is faced with
financing industries recorded industry is starting to recover extraordinary challenges, where
good performance in 2022. Taking after previously being faced with the COVID-19 pandemic is forcing
advantage of this growth, Adira extraordinary challenges as a the industry to adapt more quickly.
Finance continues to build the result of the COVID-19 pandemic. Due to restrictions on the mobility
Company’s internal resilience Adira Finance is taking advantage of people and businesses, the need
foundation to accelerate its of this recovery as a platform to for digital transaction services,
business growth while maintaining continue growing and developing including financing services,
its position in the financing market. faster. For this reason, Adira is increasingly in demand and
By focusing on customer centricity, Finance is carrying out business continues to increase.
Adira Finance continues to strive transformation that focuses on We took the initiative to
to strengthen and increase its customer-centricity and continues accelerate the transformation
market share through innovation to develop digitalization. of implementing digitalization
and diversification of its financing Through this transformation, Adira and customer-centricity through
products and services. In addition, Finance is optimistic that it can optimizing the latest information
Adira Finance is also accelerating improve performance, expand technology in order to provide
digitalization throughout the market share, and strengthen the best financing services and
Company’s organization and competitive advantages. increase customer comfort, as
ecosystem to provide simpler, At the same time, Adira Finance well as minimizing operational
faster, and leaner processes so continues to strive to provide the risks and increasing operational
as to provide a better customer best service to improve customer efficiency. Through this accelerated
experience. experience, strengthen customer digitalization, the Company
engagement, and increase continues to adapt to changes
efficiency and effectiveness in the in the increasingly competitive
Company’s business operations. financing industry while achieving
With business transformation that sustainable business growth in the
focuses on customer-centricity future.
and digitalization, Adira Finance
continues to present new services
to meet consumer needs now and
in the future.
DRIVING CUSTOMER
CENTRIC AND
DIGITALIZATION
BUILDING RESILIENCE FOR BUSINESS Laporan Tahunan
for Accelerating Growth TRANSFORMATION 2021
PT Adira Dinamika Multi Finance Tbk
Annual Report
2022
PT Adira Dinamika Multi Finance Tbk
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 7
Page 10
Adira Finance will Adira Finance expands Adira Finance focus
continue to strengthen networks to non- to increase customer
its penetration in the automotive businesses retention by offering
automotive business by continuing to diversify loyalty and referral
through product the products offered to programs, as well as
diversification, offering support business growth conducting cross-selling
various attractive sales such as “Solusi Dana” based on needs to
programs for customers, (multipurpose) financing, existing consumers.
strengthening good heavy equipment, and Thus, providing a better
relations with dealers, others. customer experience to
and enhancing support the growth of the
collaboration within the Company’s financing.
MUFG Group to support
the growth of the
automotive ecosystem.
2024 STRATEGIES
Adira Finance accelerate Adira Finance will Adira Finance secure
digitalization within continue to manage sufficient liquidity to fund
the Company and its its asset quality in business requirement
ecosystem to improve order to keep the NPF and to meet all financial
business efficiency and ratio under control by obligations.
effectiveness, as well applying prudent risk-
as investing in digital management principles.
businesses (Adiraku,
Danadira, momobil.id,
momotor.id, moservice.id,
and dicicilaja.com).
8 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
DIGITAL INITIATIVE
In the midst of rapid digital
transformation and the shift in
people’s consumption behavior
towards digital transactions, Adira
Finance faces various business
challenges that require innovation
and rapid adaptation.
Facing these challenges, Adira
Finance continues to carry out
digital development initiatives in the
company’s ecosystem with the aim
of strengthening competitiveness in
the financing industry. Adira Finance
also focuses on accelerating the
digitization and automation process,
and investing in digital platforms
such as Adiraku, Danadira, momobil.
id, momotor.id, moservice.id, and
dicicilaja.co.id, which can make it
easier for customers to finance with
Adira Finance.
By leveraging digital innovation,
Adira Finance is confident in
improving business performance and
productivity, both from customer
acquisition, interaction with dealers,
and payment processes. Moving
forward, the company aims to further
enhance its relationships with both
existing and new customers.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 9
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2024 KEY
PERFORMANCE
(14.1%) 1.5%
New car industry sales growth
New motorcycle industry sales
(wholesales)
growth (wholesales)
IDR 36.6
ADMF New Financing
trillion
ADMF New Financing ADMF Car Financing ADMF Motorcycle ADMF Non Automotive
Growth
Pertumbuhan Pembiayaan Growth
Pertumbuhan Pembiayaan Financing Pembiayaan
Pertumbuhan Financing Growth
Pertumbuhan Pembiayaan
(11.9%) (25.7%) (9.1%) 9.9%
Baru ADMF Baru Mobil ADMF Baru Sepeda Motor ADMF Baru Non Otomotif ADMF
(yoy) (yoy) (yoy) (yoy)
Managed Receivables Total Asset Total Liabilities Total Equity
IDR56.0 trillion IDR32.6 trillion IDR21.0 trillion IDR11.6 trillion
NPF (including joint Net Interest Margin Return on Asset (ROA) Return on Equity (ROE)
financing)
2.2% 23.5% 5.3% 12.7%
Income Net Profit for the Year
IDR 10.0 trillion IDR 1.4 trillion
10 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Managed Financing Receivables by Funding Source
24.8 19.2
Total
2020 44.0
IDR
Self-Financing
trillion IDR
Joint Financing
trillion
Trillion
21.6 18.8
Total
2021 40.4
IDR
Self-Financing
Trillion IDR
Joint Financing
Trillion
Trillion
23.7 20.9
Total
2022 44.6
IDR
Self-Financing
Trillion IDR
Joint Financing
Trillion
Trillion
29.3 26.4
Total
2023 55.7
IDR
Self-Financing
Trillion IDR
Joint Financing
Trillion
Trillion
29.5 26.5
Total
2024 56.0
IDR
Self-Financing
Trillion IDR
Joint Financing
Trillion
Trillion
2.0 million 17.1 thousand 508 8.5 % 4.0 %
Number of Active Total Employee Total Business New Motorcycle New Car Market
Contracts Throughout Networks Market Share Share
Indonesia
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 11
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2024 PERFORMANCE HIGHLIGHTS
Total New Financing New Financing by Segment Managed Receivables by
(IDR Trillion) (IDR Trillion) Source of Funding
(IDR Trillion)
Motorcycle Car Non-Automotive Self-Financing Joint Financing
41.6 41.6 55.7 56.0
36.6 36.6
8.9 44.6
31.7 31.7 44.0
40.4 26.4 26.5
9.8
25.9 25.9 6.9
19.2 20.9
18.6 5.0 17.2
18.6 18.8
12.7
3.8 13.6
10.0 29.3 29.5
6.5
24.8 21.6 23.7
8.3 10.9 11.2 15.5 14.1
2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024
Managed Receivables by Segment Total Asset Equity - Net
(IDR Trillion) (IDR Trillion) (IDR Trillion)
Motorcycles Cars Non-Automotive
11.6
55.7 56.0 32.6 11.1
31.0
8.2 10.0 29.2 10.0
44.0 44.6 8.9
40.4 23.7 24.9
2.7 5.9 8.0
3.9
23.9 28.8 27.0
23.5 21.7
17.8 14.8 14.8 18.7 19.0
2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024
12 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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KEY FINANCIAL HIGHLIGHTS
STATEMENT OF FINANCIAL POSITION [SEOJK F.2]
Description
2020*) 2021*) 2022 2023 2024
(In Billion Rupiah)
Asset
Cash and cash equivalents 4,227.4 1,637.6 1,286.4 1,435.5 1,553.9
Consumer financing receivables – net of 20,155.2 16,906.9 17,204.7 20,680.6 20,150.1
allowance for impairment losses
Murabahah financing receivables – net of 2,450.1 3,051.3 4,033.4 5,520.1 5,551.9
allowance for impairment losses
Finance leases receivables – net of allowance for 246.6 280.6 918.0 1,444.3 2,235.4
impairment losses
Investment in shares, related party 0.7 0.7 0.7 386.4 396.9
Fixed assets – net of accumulated depreciation 244.5 209.4 161.8 229.7 287.2
Intangible assets– net of accumulated 186.5 169.3 128.7 120.7 295.0
amortization
Others 1,698.4 1,453.3 1,163.5 1,189.9 2,117.8
Total asset 29,209.4 23,709.1 24,897.2 31,007.2 32,588.2
Liabilities
Borrowings 9,139.9 4,954.7 5,073.1 9,313.0 10,665.5
Bonds Payable - Net 7,148.3 5,573.3 4,999.2 5,885.1 6,377.8
Mudharabah Bonds 478.0 402.0 441.0 859.0 831.8
Others 4,432.8 3,832.8 4,351.5 3,837.9 3,157.3
Total Liabilities 21,199.0 14,762.8 14,864.8 19,895.0 21,032.4
Equity
Share capital (Issued and fully paid) and 106.8 106.8 106.8 106.8 106.8
additional paid-in capital
Retained earnings and accumulated other 7,903.6 8,839.6 9,925.6 11,005.4 11,449.0
comprehensive income
Equity - Net 8,010.4 8,946.4 10,032.4 11,112.2 11,555.8
Total Liabilities and Equity 29,209.4 23,709.1 24,897.2 31,007.2 32,588.2
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 13
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STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Description
2020*) 2021*) 2022 2023 2024
(In Billion Rupiah)
Income
Consumer financing 7,077.1 5,795.0 5,373.7 6,041.7 6,190.9
Murabahah margin 695.2 862.1 1,195.2 1,482.9 1,561.5
Finance lease 36.7 31.6 68.2 147.9 266.5
Others 1,625.7 1,964.4 1,703.3 1,835.4 1,950.9
Share in net income of associate - - - - 20.1
Total Income 9,434.7 8,653.1 8,340.4 9,507.9 9,989.9
Expenses
Salaries and benefits (2,020.8) (2,098.2) (2,304.4) (2,419.7) (2,485.6)
Interest expense and financing charges (1,782.4) (1,073.5) (700.2) (982.2) (1,294.0)
Provision for impairment losses (2,173.5) (1,790.6) (1,255.7) (1,647.7) (2,225.7)
General and administrative (1,461.6) (1,643.5) (1,320.9) (1,338.9) (1,541.2)
Revenue sharing for mudharabah bonds (38.2) (30.4) (29.1) (30.0) (61.6)
Marketing and others (476.3) (415.0) (690.4) (616.8) (629.5)
Total Expenses (7,952.8) (7,051.2) (6,300.7) (7,035.3) (8,237.6)
Income before income tax expense 1,481.9 1,601.9 2,039.7 2,472.6 1,752.3
Income tax expense (452.0) (388.6) (434.2) (528.6) (345.6)
Net income for the year 1,029.9 1,213.3 1,605.5 1,944.0 1,406.7
Other comprehensive income after tax (15.8) 235.6 87.5 (61.2) 8.9
Total comprehensive income for the year 1,014.1 1,448.9 1,693.0 1,882.8 1,415.6
Earnings per share - basic/delusion 1,030 1,213 1,606 1,944 1,407
(in full Rupiah amount)
Profit (loss) attributable:
Owner of parent 1,029.9 1,213.3 1,605.5 1,944.0 1,406.7
Non-controlling interest - - - - -
Total 1,029.9 1,213.3 1,605.5 1,944.0 1,406.7
Comprehensive income for the year
Owner of parent 1,014.1 1,448.9 1,693.0 1,882.8 1,415.6
Non-controling interest - - - - -
Total 1,014.1 1,448.9 1,693.0 1,882.8 1,415.6
Note:
*) The comparative information has been restated as a result of the change in accounting policy in Audited Financial Statement for the years ending
on December 31, 2022.
14 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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DETAILS OF INCOME [SEOJK F.3]
Description
2020 2021 2022 2023 2024
(In Billion Rupiah)
Income
Consumer financing 7,077.1 5,795.0 5,373.7 6,041.7 6,190.9
Murabahah Margin 695.2 862.1 1,195.2 1,482.9 1,561.5
Finance leases 36.7 31.6 68.2 147.9 266.5
Others 1,625.7 1,964.4 1,703.3 1,835.4 1,950.9
Share in net income of associate - - - - 20.1
Total Income 9,434.7 8,653.1 8,340.4 9,507.9 9,989.9
RELEVANT FINANCIAL RATIOS & OTHER INFORMATION
Description 2020 2021 2022 2023 2024
Financial Ratios
Return on asset (ROA)*) 4.6% 6.3% 8.6% 8.6% 5.3%
Return on equity (ROE) *)
13.3% 14.7% 17.4% 18.7% 12.7%
Net income (loss) to income ratio 10.9% 14.0% 19.3% 20.4% 14.1%
Non-performing financing/NPF (including joint 2.0% 2.3% 1.7% 1.9% 2.2%
financing)
Borrowing, bonds – net & mudharabah 0.6 0.5 0.4 0.5 0.5
Bonds/total assets (x)
Gearing ratio (x) 2.1 1.2 1.0 1.5 1.7
Financing to asset ratio 78.2% 85.4% 89.0% 89.2% 85.7%
Current ratio (x) 1.5 1.4 1.3 1.3 1.4
Liability to equity ratio (x) 2.6 1.7 1.5 1.8 1.8
Liability to asset ratio (x) 0.7 0.6 0.6 0.6 0.6
Other Information
Net working capital (IDR billion) 8,010.4 8,946.4 10,032.4 11,112.2 11,555.8
Outstanding shares (million shares) 1,000.0 1,000.0 1,000.0 1,000.0 1,000.0
Cash dividend per share (full Rupiah amount) on 1,054.5 513.0 607.0 803.0 972.0
the previous year’s net income
Number of active customers (thousand) 2,298.6 1,892.0 1,743.0 1,986.1 2,000.1
Number of business networks 416 440 459 466 508
(including sharia branches)
Number of employees**) 16,425 17,093 17,301 17,243 17,098
Note:
*) The ratio is in accordance with the provisions of the Financial Services Authority (OJK)
**) Including the Board of Directors
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 15
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2024 KEY
PERFORMANCE
17.1 thousand
Total Employee
508
2.0 million
Active Contracts
Business Network
(including sharia
branches)
Throughout
Indonesia
2024
8.5% 4.0%
New Car
New Motorcycle
Market Share Market Share
16 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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STOCK HIGHLIGHTS
ADIRA FINANCE STOCK HIGHLIGHTS
PT Adira Dinamika Multi Finance Tbk listed its shares on the Indonesia Stock Exchange (BEI) (formerly known
as the Jakarta Stock Exchange and Surabaya Stock Exchange) with the stock code ADMF. In 2024, the number
of outstanding shares was recorded at 1,000,000,000 shares, with the lowest share price range being IDR9,775
per share and the highest being IDR14,300 per share.
The average transaction volume was recorded at 2.3 million transactions per month during 2024. The number
of transactions is relatively small compared to shares of other companies. This is because the number of ADMF
outstanding shares is only 79.2 million shares, and the remainder is mostly dominated by ADMF investors or
shareholders who are more oriented towards long-term investment.
In 2024, monthly ADMF share trading transactions are as follows:
Price/Share (IDR) Outstanding Share in Regular Market
Total Listed Market
Transaction Share Capitalization
Month
Opening Highest Lowest Closing Volume Value Frequency (Number of Opening
(IDR) (IDR) (IDR) (IDR) (Thousand (IDR Million) (x) Shares) (IDR Billion)
Unit Share)
January 10,950 11,875 10,850 11,325 1,494 16,916 2,484 1,000,000,000 11,325
February 11,325 14,100 11,200 13,525 5,148 64,748 5,558 1,000,000,000 13,525
March 13,525 14,000 12,850 13,425 2,378 32,116 3,542 1,000,000,000 13,425
April 13,425 14,300 11,300 12,075 6,940 92,277 7,963 1,000,000,000 12,075
May 12,075 13,500 11,700 12,300 2,067 25,488 3,813 1,000,000,000 12,300
June 12,300 12,325 11,750 11,975 871 10,383 1,610 1,000,000,000 11,975
July 11,975 12,250 11,100 11,300 1,529 17,950 2,859 1,000,000,000 11,300
August 11,300 11,650 10,950 11,375 1,626 18,410 2,868 1,000,000,000 11,375
September 11,375 12,200 11,075 11,300 1,183 13,348 2,446 1,000,000,000 11,300
October 11,300 11,450 10,850 10,875 1,501 16,619 2,767 1,000,000,000 10,875
November 10,875 10,950 10,000 10,275 1,769 18,334 2,883 1,000,000,000 10,275
December 10,275 10,300 9,775 9,850 1,566 15,670 2,989 1,000,000,000 9,850
SUMMARY OF QUARTERLY STOCK TRADING 2020-2024
Price/Share (IDR) Total
Market
Outstanding Transaction
Capitalization
Year Quarterly Share Volume
Opening Highest Lowest Closing Opening
(number of (Unit share)
(IDR) (IDR) (IDR) (IDR) (IDR Billion)
share)
2020 I 10,400 10,450 6,400 7,175 1,000,000,000 12,247,000 7,175
II 10,400 10,450 5,450 7,200 1,000,000,000 38,799,000 7,200
III 10,400 10,450 5,450 7,225 1,000,000,000 46,261,000 7,225
IV 10,400 10,450 5,450 8,975 1,000,000,000 53,711,000 8,975
2021 I 8,975 8,900 8,300 8,325 1,000,000,000 11,282,000 8,325
II 8,975 9,150 7,875 8,175 1,000,000,000 16,679,000 8,175
III 8,975 9,150 7,500 7,700 1,000,000,000 25,520,000 7,700
IV 8,975 9,150 7,500 7,700 1,000,000,000 34,618,000 7,700
2022 I 7,700 8,650 7,525 8,575 1,000,000,000 10,254,000 8,575
II 7,700 8,875 7,525 8,025 1,000,000,000 24,952,000 8,025
III 7,700 8,875 7,525 8,300 1,000,000,000 31,235,000 8,300
IV 7,700 9,850 7,525 9,000 1,000,000,000 37,795,000 9,000
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 17
Page 20
Price/Share (IDR) Total
Market
Outstanding Transaction
Capitalization
Year Quarterly Share Volume
Opening Highest Lowest Closing Opening
(number of (Unit share)
(IDR) (IDR) (IDR) (IDR) (IDR Billion)
share)
2023 I 9,000 10,500 8,700 10,250 1,000,000,000 4,406,000 10,250
II 10,250 12,400 8,700 11,375 1,000,000,000 8,212,000 11,375
III 11,375 11,250 8,700 10,525 1,000,000,000 23,069,000 10,525
IV 10,525 11,475 10,175 10,950 1,000,000,000 29,083,000 10,950
2024 I 10,950 14,100 10,850 13,425 1,000,000,000 9,020,000 13,425
II 13,425 14,300 11,300 11,975 1,000,000,000 9,879,000 11,975
III 11,975 12,250 10,950 11,300 1,000,000,000 4,338,000 11,300
IV 11,300 14,300 9,775 9,850 1,000,000,000 4,835,000 9,850
ADMF STOCK TRADING CHARTS FOR 2023 AND 2024
Daily Total
Price/Share Transaction
(IDR) (Thousand Shares)
Share Price (IDR) Total Transaction (Thousand Shares) stock listed at IDX
16,000 1,400
14,000
1,200
12,000
1.000
10,000
800
8,000
600
6,000
4,000 400
2,000 200
0 0
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
May-24
Jun-24
Jul-24
Aug-24
Sep-24
Oct-24
Nov-24
Dec-24
CORPORATE ACTIONS
In 2024 and 2023, the Company did not carry out corporate actions such as stock splits, reverse stock mergers,
stock dividends, bonus shares, or changes to the nominal value of shares.
SUSPENSION AND/OR DELISTING
In 2024 and 2023, Adira Finance did not experience a temporary suspension of share trading (suspension)
and/or delisting of shares on the Exchange.
18 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
SUMMARY OF BONDS AND
MUDHARABAH BONDS
Adira Finance actively issues bonds and mudharabah bonds on the Indonesia Stock Exchange as one of the
Company’s funding sources. The following is a summary table of outstanding bonds and mudharabah bonds
at the end of 2022, 2023, and 2024.
OUTSTANDING BONDS AND MUDHARABAH BONDS AS OF DECEMBER 31, 2022
Coupon/ Bonds Rating
Name of Principal Interest Principal Outstanding
Profit
Bonds and Series Amount Rate/Profit Effective Settlement Principal
Term Sharing
Mudharabah (IDR Sharing Date Maturity (IDR Billion)
Payment 2021 2022
Bonds Billion) Ratio Date
(IDR Billion)
Adira Finance D 162 7.50% 60 months December 4, March 21, 2023 12 162 id
AAA id
AAA
Continuing 2017
Bonds IV Phase
II
Adira Finance E 461 9.25% 60 months December 4, August 16, 43 461 id
AAA id
AAA
Continuing 2017 2023
Bonds IV Phase
III
Adira Finance C 328 9.50% 60 months December 4, January 23, 31 328 id
AAA id
AAA
Continuing 2017 2024
Bonds IV Phase
IV
Adira Finance C 608 9.15% 60 months December 4, April 16, 2024 56 608 id
AAA id
AAA
Continuing 2017
Bonds IV Phase
V
Adira Finance C 190 8.10% 60 months December 4, October 4, 15 190 id
AAA id
AAA
Continuing 2017 2024
Bonds IV Phase
VI
Adira Finance B 816 7.90% 36 months June 30, 2020 July 7, 2023 64 816 id
AAA id
AAA
Continuing
Bonds V Phase I
Adira Finance B 741 5.50% 36 months June 30, 2020 July 23, 2024 41 741 id
AAA id
AAA
Continuing
Bonds V Phase II
Adira Finance A 620 3.50% 370 days June 30, 2020 April 2, 2023 16 620 - id
AAA
Continuing
Bonds V Phase B 830 5.60% 36 months June 30, 2020 March 22, 2025 35 830 - id
AAA
III
C 250 6.25% 60 months June 30, 2020 March 22, 2025 12 250 - id
AAA
Adira Finance C 29 62.50% 60 months December 4, March 21, 2023 2 29 id
AAA(sy) id
AAA(sy)
Continuing (equivalent to 2017
Mudharabah 7.50% per year)
Bonds III Phase
II
Adira Finance C 32 79.17% 60 months December 4, January 23, 3 32 AAA(sy)
id
AAA(sy)
id
Continuing (equivalent 2017 2024
Mudharabah to 9.50% per
Bonds III Phase year)
III
Adira Finance C 14 76.25% 60 months December 4, April 16, 2024 1 14 AAA(sy)
id
AAA(sy)
id
Continuing (equivalent to 2017
Mudharabah 9.15% per year)
Bonds III Phase
IV
Adira Finance B 66 45.83% 36 months June 30, 2020 July 23, 2024 4 66 AAA(sy)
id
AAA(sy)
id
Continuing (equivalent
Mudharabah to 5.50% per
Bonds IV Phase year)
II
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 19
Page 22
Coupon/ Bonds Rating
Name of Principal Interest Principal Outstanding
Profit
Bonds and Series Amount Rate/Profit Effective Settlement Principal
Term Sharing
Mudharabah (IDR Sharing Date Maturity (IDR Billion)
Payment 2021 2022
Bonds Billion) Ratio Date
(IDR Billion)
Adira Finance A 153 29.17% 370 days June 30, 2020 April 2, 2023 4 153 - id
AAA(sy)
Continuing (equivalent
Mudharabah to 3.50% per
Bonds IV Phase year)
III
B 49 46.67% 36 months June 30, 2020 March 22, 2027 2 49 - id
AAA(sy)
(equivalent
to 5.60% per
year)
C 98 52.08% 60 months June 30, 2020 March 22, 2027 5 98 - id
AAA(sy)
(equivalent to
6.25% per year)
Total Debt Securities & Mudharabah Bonds as of December 31, 2022 5,447
OUTSTANDING BONDS AND MUDHARABAH BONDS AS OF DECEMBER 31, 2023
Coupon/ Bonds Rating
Name of Principal Interest Principal Outstanding
Profit
Bonds and Series Amount Rate/Profit Effective Settlement Principal
Term Sharing
Mudharabah (IDR Sharing Date Maturity (IDR Billion)
Payment 2021 2022
Bonds Billion) Ratio Date
(IDR Billion)
Adira Finance C 328 9.50% 60 months December 4, January 23, 31 328 id
AAA id
AAA
Continuing 2017 2024
Bonds IV Phase
IV
Adira Finance C 608 9.15% 60 months December 4, April 16, 2024 56 608 id
AAA id
AAA
Continuing 2017
Bonds IV Phase
V
Adira Finance C 190 8.10% 60 months December 4, October 4, 15 190 id
AAA id
AAA
Continuing 2017 2024
Bonds IV Phase
VI
Adira Finance B 741 5.50% 36 months June 30, 2020 July 23, 2024 41 741 id
AAA id
AAA
Continuing
Bonds V Phase II
Adira Finance B 830 5.60% 36 months June 30, 2020 March 22, 2025 35 830 id
AAA id
AAA
Continuing
Bonds V Phase C 250 6.25% 60 months June 30, 2020 March 22, 2027 12 250 id
AAA id
AAA
III
Adira Finance A 405 5.50% 370 days June 27, 2023 July 17, 2024 6 405 - id
AAA
Continuing
Bonds VI Phase I B 410 6.00% 36 months June 27, 2023 July 7, 2026 6 410 - id
AAA
C 885 6.25% 60 months June 27, 2023 July 7, 2028 14 885 - id
AAA
Adira Finance A 835 6.15% 370 days June 27, 2023 November 19, - 835 - id
AAA
Continuing 2024
Bonds VI Phase
II B 385 6.50% 36 months June 27, 2023 November 9, - 385 - id
AAA
2026
C 30 6.55% 60 months June 27, 2023 November 9, - 30 - id
AAA
2028
Adira Finance C 32 79.17% 60 months December 4, January 23, 3 32 id
AAA(sy) id
AAA(sy)
Continuing (equivalent to 2017 2024
Mudharabah 9.50% per year)
Bonds III Phase
III
Adira Finance C 14 76.25% 60 months December 4, April 16, 2024 1 14 id
AAA(sy) id
AAA(sy)
Continuing (equivalent to 2017
Mudharabah 9.15% per year)
Bonds III Phase
IV
20 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 23
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Coupon/ Bonds Rating
Name of Principal Interest Principal Outstanding
Profit
Bonds and Series Amount Rate/Profit Effective Settlement Principal
Term Sharing
Mudharabah (IDR Sharing Date Maturity (IDR Billion)
Payment 2021 2022
Bonds Billion) Ratio Date
(IDR Billion)
Adira Finance B 66 45.83% 36 months June 30, 2020 July 23, 2024 4 66 id
AAA(sy) id
AAA(sy)
Continuing (equivalent to
Mudharabah 5.50% per year)
Bonds IV Phase
II
Adira Finance B 49 46.67% 36 months June 30, 2020 March 22, 2025 2 49 id
AAA(sy) id
AAA(sy)
Continuing (equivalent to
Mudharabah 5.60% per year)
Bonds IV Phase
III C 98 52.08% 60 months June 30, 2020 March 22, 2027 5 98 id
AAA(sy) id
AAA(sy)
(equivalent to
6.25% per year)
Adira Finance A 64 45.83% 370 days June 27, 2023 July 17, 2024 1 64 - id
AAA(sy)
Continuing (equivalent to
Mudharabah 5.50% per year)
Bonds V Phase I
B 141 50.00% 36 months June 27, 2023 July 7, 2026 2 141 - id
AAA(sy)
(equivalent to
6.00% per year)
C 95 52.08% 60 months June 27, 2023 July 7, 2028 1 95 - id
AAA(sy)
(equivalent to
6.25% per year)
Adira Finance A 251 51.25% 370 days June 27, 2023 November 19, - 251 - id
AAA(sy)
Continuing (equivalent to 2024
Mudharabah 6.15% per year)
Bonds V Phase II
B 94 54.17% 36 months June 27, 2023 November 9, - 94 - id
AAA(sy)
(equivalent to 2026
6.50% per year)
C 0.10 54.58% 60 months June 27, 2023 November 9, - 0,10 - id
AAA(sy)
(equivalent to 2028
6.55% per year)
Total Debt Securities & Mudharabah Bonds as of December 31, 2023 6,756
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 21
Page 24
OUTSTANDING BONDS AND MUDHARABAH BONDS AS OF DECEMBER 31, 2024
Coupon/ Bonds Rating
Principal Interest Principal Outstanding
Name of Bonds Profit
Series Amount Rate/Profit Effective Settlement Principal
and Mudharabah Term Sharing
(IDR Sharing Date Maturity (IDR Billion)
Bonds Payment 2021 2022
Billion) Ratio Date
(IDR Billion)
Adira Finance B 830 5.60% 36 June 30, March 22, 2025 46 830
AAA AAA
Continuing months 2020 id id
Bonds V Phase
C 250 6.25% 60 June 30, March 22, 2027 16 250
III AAA AAA
months 2020 id id
Adira Finance B 410 6.00% 36 June 27, July 7, 2026 25 410
AAA AAA
Continuing months 2023 id id
Bonds VI Phase I
C 885 6.25% 60 June 27, July 7, 2028 55 885
AAA AAA
months 2023 id id
Adira Finance B 385 6.50% 36 June 27, November 9, 25 385
AAA AAA
Continuing months 2023 2026 id id
Bonds VI Phase
C 30 6.55% 60 June 27, November 9, 2 30
II AAA AAA
months 2023 2028 id id
Adira Finance A 1,079 6.40% 370 days June 27, May 13, 2025 35 1,079
- AAA
Continuing 2023 id
Bonds VI Phase
B 391 6.55% 36 June 27, May 3, 2027 13 392
III - AAA
months 2023 id
C 129 6.65% 60 June 27, May 3, 2029 4 129
- AAA
months 2023 id
Adira Finance A 785 6.45% 370 days June 27, October 20, - 785
- AAA
Continuing 2023 2025 id
Mudharabah
B 815 6.70% 36 June 27, October 10, - 815
Bonds VI Phase - AAA
months 2023 2027 id
IV
C 400 6.80% 60 June 27, October 10, - 400
- AAA
months 2023 2029 id
Adira Finance B 49 46.67% 36 June 30, March 22, 2025 3 49
Continuing (equivalent months 2020
AAA(sy) AAA(sy)
Bonds IV Phase to 5.60% id id
III per year)
C 98 52.08% 60 June 30, March 22, 2027 6 98
(equivalent months 2020
AAA(sy) AAA(sy)
to 6.25% id id
per year)
Adira Finance B 141 50.00% 36 June 27, July 7, 2026 8 141
Continuing (equivalent months 2023
AAA(sy) AAA(sy)
Mudharabah to 6.00% id id
Bonds V Phase I per year)
C 95 52.08% 60 June 27, July 7, 2028 6 95
(equivalent months 2023
AAA(sy) AAA(sy)
to 6.25% id id
per year)
Adira Finance B 49 54.17% 36 June 27, November 9, 3 49
Continuing (equivalent months 2023 2026
AAA(sy) AAA(sy)
Mudharabah to 6.50% id id
Bonds V Phase II per year)
C 0 54.58% 60 June 27, November 9, 0 0
(equivalent months 2023 2028
AAA(sy) AAA(sy)
to 6.55% id id
per year)
Adira Finance A 339 53.33% 370 days June 27, May 13, 2025 11 339
Continuing (equivalent 2023
- AAA(sy)
Mudharabah to 6.40% id
Bonds V Phase per year)
III
B 39 54.58% 36 June 27, May 3, 2027 1 39
(equivalent months 2023
- AAA(sy)
to 6.55% id
per year)
C 22 55.42% 60 June 27, May 3, 2029 1 22
(equivalent months 2023
- AAA(sy)
to 6.65% id
per year)
Total Debt Securities & Mudharabah Bonds as of December 31, 2024 7,222
CONVERTIBLE BOND HIGHLIGHTS
Until the end of 2024 and 2023, Adira Finance did not issue convertible bonds; thus, the Company has no
information regarding convertible bonds.
22 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 25
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
SUSTAINABILITY ASPECTS
PERFORMANCE HIGHLIGHTS [SEOJK B.1] [SEOJK B.2] [SEOJK B.3]
SOCIAL ASPECT
Number of Adira New employees Number of training and Training and
Finance employees development participants development investment
17,098 1,643 153,949 IDR69.4
people people people Billion
ECONOMIC ASPECT ENVIRONMENTAL ASPECT
Registered Number of trees
Consumers at AdiraKu planted
9,500 trees,
1.6 million including 4,000
secondary forest & 5,500
mangrove trees.
Weighted overall score CO2 Emissions
for Corporate Governance Produced by
implementation practices the Company
89.20 12,007,000
Kg CO2 eq
New Motorcycle Reduction in
Market Share Paper Use
8.5% 26,626 ream
New Car
Market Share
4.0%
Total Energy
Used
7,035,868
megajoule
Business Network
(including sharia branches)
508
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 23
Page 26
2024
EVENT
HIGHLIGHT
19 Jan 15 Feb
New Year’s Dinner with CFO
Media
• Media gathering discussing
13 Feb
FY23 Financial Performance
Press Day IIMS 2024
Automotive exhibition event
where Adira Finance acts as
1 Mar
Sobat Expo & Media
Adira Finance programs in Official Multifinance Partner
2024 Media gathering discussing and Official Trade-in Partner Gathering Umrah Untuk
• IIMS 2024 Teaser Adira Finance’s Financial at Jiexpo Kemayoran Sahabat - Yogyakarta
• 2024 Featured Program Performance in 2023 Sobat Expo Yogyakarta
(Umrah for Friends) Media Gathering Discussing
the Umrah Untuk Sahabat
Program at the Sobat Expo in
Yogyakarta
27 Mar 7 Apr
The 2024 Annual General
Meeting of Shareholders
(“AGMS”)
27 Mar
Breaking Fast with Media
KURMA Mudik
Kembali Seru Bersama – Free
Homecoming Trip with 500
25 Apr
Sobat Expo & Media
Selected Participants by Adira
An annual forum regularly A media gathering Finance in Collaboration with Gathering Umrah Untuk
held with shareholders for discussing the results of the Hot FM. Sahabat – Palu
making key decisions. Annual General Meeting of Media Gathering Discussing
Shareholders (AGMS). the Umrah Untuk Sahabat
Program at the Sobat Expo
in Palu.
24 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
9 Mar 21 Mar
Sobat Expo & Media
Gathering Umrah Untuk
Sahabat – Bandung
16 Mar
Sobat Expo & Media
Sobat Expo & Media
Gathering Umrah Untuk
Sahabat – BNT
22 Mar
Sobat Expo & Media
Media Gathering Discussing Media Gathering Discussing
the Umrah Untuk Sahabat Gathering Umrah Untuk the Umrah Untuk Sahabat Gathering Umrah Untuk
Program at the Sobat Expo in Sahabat – Makassar Program at the Sobat Expo Sahabat - Palembang
Bandung Media Gathering Discussing in BNT Media Gathering Discussing
the Umrah Untuk Sahabat the Umrah Untuk Sahabat
Program at the Sobat Expo in Program at the Sobat Expo in
Makassar Palembang
7 May 21 May
Sobat Expo & Media
Gathering Umrah Untuk
Sahabat – Jatim
17 May
Sobat Expo & Media
Press Conference IIMS
Surabaya
An automotive exhibition
21 Jun
Jakarta Fair Kemayoran 2024
Media Gathering Discussing where Adira Finance serves
the Umrah Untuk Sahabat Gathering Umrah Untuk as the Official Multifinance A media gathering event to
Program at the Sobat Expo in Sahabat - Banjarmasin Partner and Official Trade-in announce Adira Finance’s
East Java Media Gathering Discussing Partner at IIMS Surabaya. participation in Jakarta Fair
the Umrah Untuk Sahabat Kemayoran.
Program at the Sobat Expo in
Banjarmasin
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 25
Page 28
18-21 7-8 Sep
Jul
Danamon Expo (DXPO) 2024
1 Aug
Media Update on Adira
Festival Pasar Rakyat - Pasar
Rangkasbitung, Lebak,
Banten
27 Sep
CSR - inaugurates Public
Series of CSR-themed
Series of events celebrating Finance’s 1st Semester events for Adira Finance’s Electric Vehicle Charging
Danamon’s 68th anniversary Financial Performance 34th anniversary, held in five Station (SPKLU) at Istiqlal
with its group members A media gathering discussing markets across Indonesia. Mosque
(Danamon, Adira Finance, Adira Finance’s financial Adira Finance, in collaboration
HCI, Zurich). performance for the first half with Istiqlal Global Fund (IGF),
of 2024. inaugurates Public Electric
Vehicle Charging Station
(SPKLU) at Istiqlal Mosque.
16-17 14-15
Nov 29 Nov
Inauguration of Grha Adira in
Dec
Festival Pasar Rakyat -
Festival Pasar Rakyat - Pasar East Java Ngasem, Yogyakarta
Kosambi, Bandung An inauguration event Series of CSR-themed
Series of CSR-themed coinciding with the 34th activities celebrating Adira
activities celebrating Adira anniversary celebration, Finance’s 34th anniversary,
Finance’s 34th anniversary, attended by representatives conducted across five
conducted across five of the Board of Directors, markets in Indonesia.
markets in Indonesia. management, employees,
and business partners of
Adira Finance
26 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 29
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
5-6 Oct 18-19
Festival Pasar Rakyat - Pasar
Pahing, Kediri
Series of CSR-themed
13 Oct
Customer Gathering UMRAH
Oct
Festival Pasar Rakyat - Pasar
31 Oct
Media Update on Adira
events for Adira Finance’s
34th anniversary, held in five Untuk Sahabat Legi, Solo Finance Q3 Financial
markets across Indonesia. Appreciation and send-off Series of CSR-themed Performance
ceremony for customers activities celebrating Adira Media gathering discussing
and media participating in Finance’s 34th anniversary, Adira Finance’s financial
the “Umrah Untuk Sahabat” conducted across five performance for Q3 2024.
program from October 14-23, markets in Indonesia.
2024.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 27
Page 30
AWARDS
25 Jan
25 Jan
Indonesia Public Relation
Awards (IPRA) 2024 – Indonesia Best CFO Awards 31 Jan
Best Public Relations in 2024 – Best Performance
Maintaining Partnership Chief Financial Officer in Living Legend Companies
Synergy and Customer Financing Diversification Award 2024 – Category Silver
Living Legend Company
29 Feb
Engagement Through to Increasing the Growth of
Corporate Programs Business Segment (Category: in Enhancing Product Baznas Award 2024 - Sharia
(Category: Multifinance) Multifinance) and Service Excellence Business Unit - category of
Warta Ekonomi Warta Ekonomi to Expanding Financing the best zakat payer company
Distribution of Baznas RI 2024
Warta Ekonomi Baznas
30 Jul
Warta Ekonomi Indonesia
Top Green Leaders Award
12 Aug 3 Sep
2024 - Indonesia Green Leader Indonesia Finance Conference Jawa Pos 7 Most Popular
for Green Orientation in & Award -VII-2024 (IFA- Brand of the Year 2024 - 7
Implementing Sustainability VII-2024) - The Best Indonesia
Initiatives to Support Finance “Multifinance - Public 13 Aug Most Popular in the Finance
(Multifinance) Category
Warta Ekonomi Company” 2024 – Aset > IDR
Rapindo Awards 2024 - “Asset Jawa Pos
25 T
Economic Review Registry Top Searcher”
Rapindo
31 Oct 7 Nov 7 Nov 15 Nov
CSA Awards 2024 Otomotive Choice Award 2024 Otomotif Choice Award 2024 –
TOP CEO Indonesia Awards
Asosiasi Analis Efek Indonesia – The Best Car Leasing The Best Motorcycle Leasing
2024
(AAEI) & CSA Community Otomotif Group (Gridnetwork, Otomotif Group (Gridnetwork,
Tempo & IDN Financials
KG Media) KG Media)
28 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 31
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
16 May
Indonesia Human Capital
Awards 2024 -
26 Jul
The Best Human Capital for Infobank Multifinance Award
Adopting Human Capital 2024 - The Best Performance
Management Framework Multifinance Company
1 Apr 1 Apr in Aligning with Customer- Asset Class & The Excellence
Centric Culture, (Category: Performance Multifinance
13 Infobank Digital Brand
th
13 Infobank Digital Brand
th
Multifinance) Company Asset Class
Recognition 2024 - Best Recognition 2024 – The Warta Ekonomi Infobank
Financing Company 2024 Highest Digital Index
Category - Assets >IDR 10T Multifinance Company
Infobank Infobank
18 Sep
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M ANAGE M E N T
REPORT
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REPORT OF
PRESIDENT
COMMISSIONER
Dear Respected Shareholders and Stakeholders,
The year 2024 has been a dynamic period for Adira
Finance, amid various challenges in the global
and domestic economic landscape. In addition,
the Company also faced challenges from the
weakening domestic automotive industry, influenced
by adjustments in consumer purchasing power,
commodity price fluctuations, and tight monetary
policies.
In fulfilling its supervisory role, the Board of
Commissioners closely monitored the strategic
direction and operational performance of the
management team throughout the year. Our
assessment emphasizes the importance of successful
strategy execution, prudent risk management, and a
strong commitment to good corporate governance
in driving the Company's performance, as further
elaborated in this report
Loremiosum
Daisuke Ejima
President
President Director
Director
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T
MACROECONOMIC CONDITIONS IN 2024 Adira Finance's performance throughout 2024.
According to data from the Indonesian Automotive
hroughout 2024, the global economy Industry Association (Gaikindo), new car wholesale
remained overshadowed by high sales experienced a significant decline of 14.1% (yoy),
uncertainties, with a slower growth reaching only to 864.2 thousand units. Data from
compared to the previous year. The the Indonesian Motorcycle Industry Association
International Monetary Fund (IMF) (AISI) recorded a slight increase in new motorcycle
projected global economic growth for wholesale sales of 1.5% (yoy), rising from 6.2 million
2024 at 3.2%, slightly lower than 3.3% in 2023. The units in 2023 to 6.3 million units.
divergence in growth patterns among countries
persisted, with the US economy expanding more In the face of challenges in 2024, the Board of
strongly, driven by fiscal stimulus that boosted Commissioners recognized that the Board of
domestic demand and investment. Meanwhile, Directors made all efforts to navigate challenging
Europe, China, and Japan experienced slower business environment through effective strategies.
growth. Prolonged geopolitical tensions intensified Additionally, the management's efforts to diversify
uncertainty, disrupted global trade, and increased into non-automotive businesses have helped
volatility in key commodity prices, particularly sustain the Company's overall performance.
energy and food. Throughout 2024, Adira Finance booked new
financing of IDR36.6 trillion, decreased by 11.9% (yoy)
In Indonesia, economic growth in 2024 slowed in line with the sluggish sales of the automotive
slightly to 5.03%, compared to 5.05% in the previous industry. However, the Company managed to record
year and 5.3% in 2022. This slowdown was driven 10% (yoy) growth in non-automotive new financing,
by several factors, including weakening consumer reaching IDR9.8 trillion. Most of the Company's
purchasing power, declining productivity in key non-automotive financing was contributed by
business sectors, and increasing global uncertainties. multi-purpose financing through the "Solusi Dana"
Throughout 2024, household consumption grew by product.
4.9% (yoy), still below pre-covid-19 levels. Meanwhile,
exports grew by 6.5% (yoy), while imports increased Adira Finance continued to synergize with Bank
at a higher rate of 8.0% (yoy). Danamon and the MUFG ecosystem to enhance
competitiveness and deliver greater value to
On the other hand, inflationary pressures began stakeholders. At the same time, Adira Finance
to subside in the second half of 2024, enabling also emphasizes the importance of sustainability
Bank Indonesia to adopt a more accommodative and business stability through prudent risk
monetary policy by cutting interest rates by 25bps, management, to maintain optimal asset quality and
to 6.00% at September 2024. Rupiah continued to liquidity.
weaken against the U.S. dollar, depreciating from
IDR15,439 per USD in 2023 to IDR16,157 per USD at Furthermore, the Company recorded progress
the end of 2024. in sustainable financing and reinforced its
commitment to Environmental, Social, and
ASSESSMENT OF THE PERFORMANCE OF Governance (ESG) initiatives. One of the key
THE BOARD OF DIRECTORS achievements in this area was the increase in green
In general, the automotive industry faced vehicle financing. As of December 2024, electric
challenges in 2024, particularly in the four-wheeled vehicle financing exhibited significant growth,
vehicle sector. Several factors, including the decline reaching IDR379.6 billion. This effort not only
in consumer purchasing power, surging essential encourages the transition to sustainable mobility
goods prices, weakening commodity prices, reduced but also strengthens the Company's position in
job opportunities, and rising vehicle prices that supporting the green economy in Indonesia.
exceeded income growth, contributed to the decline
in demand for new cars. This condition impacted
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To drive growth and strengthen customer retention, This indicates that Adira Finance continues to be a
Adira Finance continues to expand its digital and trusted name among investors, reflected by its solid
physical channels. Throughout 2024, the Company and stable credit ratings issued by Pefindo, Moody’s,
continues to enhance its digital platforms, such as and Fitch.
Adiraku, momobil.id, momotor.id, dan dicicilaja.
com, as well as launched the "Danadira" application, In terms of managed receivables, the Company
an instant funding financing solution. Through reported total managed receivables of IDR56.0
these various digital platforms, Adira Finance trillion, relatively stable compared to the previous
provides convenient and easily accessible financial year. However, amid challenging economic
solutions for customers at all levels of need, thereby conditions, the Company experienced asset quality
contributing to increased customer acquisition and dynamics and rising expenses, particularly higher
Company sales. funding costs due to increasing interest rates. As
a result, the Company's profitability was impacted,
As one of the strategies to accelerate growth and with net profit recorded at IDR1.4 trillion.
business development inorganically, on March 13,
2024, Adira Finance completed the share purchase SUPERVISION OF CORPORATE STRATEGY
transaction of PT Mandala Multifinance Tbk (MFIN), The Board of Commissioners has consistently
in which Adira Finance holds 10% of MFIN's total monitored, supervised and advised the Board of
issued shares. This acquisition step is in line with Directors with regard to the achievement and
the Company's strategy to strengthen our market realization of Adira Finance’s strategy and targets.
presence. Regular meetings, supplemented by additional
sessions as necessary, were held to review execution
Despite various challenges throughout 2024, we of the Company’s strategies. Throughout 2024, the
assess that the Company has tried hard to effectively Board of Commissioners held 6 internal meetings,
manage asset quality. The NPF ratio stood at 2.2% at as well as 6 joint meetings with Directors.
the end of 2024, lower than the industry average for
the year. The supervision by Board of Commissioners in
business aspect was based on six main pillars:
In addition, Management was also successfully (1) strengthen its penetration in the automotive
maintained appropriate liquidity levels throughout business; (2) expands networks to non-automotive
2024, supported by management's efforts to businesses such as multipurpose financing and
actively secured diversified funding sources, both heavy equipment financing; (3) focus to increase
through joint financing with its parent company, customer retention; (4) accelerate digitalization
Bank Danamon, as well as external borrowing within the Company and its ecosystem; (5) manage
which includes bank loans (onshore and offshore) asset quality; and (6) secure sufficient liquidity.
as well as bonds and sukuk issuance. Furthermore,
the Company's domestic and international credit The Board of Commissioners also supervised the
ratings, which reflect strong shareholders support implementation of Good Corporate Governance
and business synergy with Bank Danamon and (GCG) principles, including risk management, and
MUFG group as well as Adira Finance’s financial and the development of the Company's sustainability
business performance, have positively impacted strategy as outlined in the Business Plan and
investor confidence toward in Adira Finance. Company’s Sustainable Finance Action Plan
Subsequently, Adira Finance successfully had two (SFAP), all of which are essential to the Company’s
bonds issuance in 2024 with oversubscription. development.
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The Board of Commissioners will continue to automotive sector while creating opportunities for
supervise the policies and strategies implemented by sustainable growth.
the Board of Directors, to ensure that management
consistently applies disciplined risk management Furthermore, the Company continues to invest in
practices for sustainable growth. digitalization and digital platforms development
to adapt to shifting consumer preferences. These
PERSPECTIVE ON THE BUSINESS efforts aim to enhance cost efficiency, improve
PROSPECTS PROPOSED BY THE BOARD productivity, and strengthen competitiveness in an
OF DIRECTORS increasingly dynamic business environment.
The Board of Commissioners agrees with
management's assessment that economic In summary, the Board of Commissioners believes
conditions in 2025 will remain challenging. The that the Board of Directors has taken proactive
slowdown in China's economic growth, geopolitical initiatives to anticipate future challenges. This
tensions, and uncertainties in the global climate includes strategic market expansion with prudent
are factors that need to be anticipated in global risk management, supported by digitalization
economic growth. However, easing inflationary efforts and a strong commitment to compliance
pressures enable central banks to adopt a more and good governance.
accommodative monetary stance, potentially
supporting economic recovery. The IMF projects EVALUATION OF CORPORATE
global economic growth to reach 3.3% (yoy) in 2025, GOVERNANCE
slightly higher than the 3.2% (yoy) estimated for The Board of Commissioners assessed that the
2024. Company demonstrated a strong commitment
to Good Corporate Governance (GCG). This was
Domestic economic growth is projected to remain supported by comprehensive risk management
stable at approximately 5% in 2025. With inflation and internal control systems, as well as good
expected to remain stable within the target range, management by the Board of Directors with the
Bank Indonesia may have opportunity to further support of the Board of Commissioners and Sharia
ease monetary policy through interest rate cuts. Supervisory Board.
Additionally, government initiatives to improve
social welfare and accelerate industrial down- Proactively, Adira Finance ensures that the processes
streaming are expected to support economic of risk identification, measurement, control, and
growth. monitoring are adequate. Additionally, Adira
Finance adheres to the risk management policies
Gaikindo projects new car sales to reach 850 implemented by Bank Danamon as its parent
thousand units in 2025, while AISI estimates new entity. Adira Finance has also implemented the Anti
motorcycle sales to range between 6.4 million and Money Laundering, Counter Terrorist Financing
6.7 million units. The financing industry is also and Proliferation of Weapons of Mass Destruction
expected to grow in line with the automotive sector, (AML, CTF & Proliferation WMD policies), as well as
with Asosiasi Perusahaan Pembiayaan Indonesia risk management and governance policies related
(APPI) forecasting a 7%–8% (yoy) increase in the to the usage and role of information technology
multifinance industry. However, APPI notes that the (IT) in consideration of the Company’s digital
rise in VAT and 'opsen' tax on the automotive sector transformation and the growing role of IT in the
may present challenges requiring close monitoring. organization’s operations.
We believe Adira Finance will enhance its Based on the Financial Health Level of Financing
performance in 2025 through various strategic Companies following the direction of the Financial
initiatives. Additionally, the Company continues Services Authority (OJK), Adira Finance’s self-
to leverage synergies within MUFG Group to assessment of GCG resulted in a #1 rating. This
strengthen its customer penetration and expand rating shows exceptional implementation of GCG.
its diversification into non-automotive segments. Meanwhile, the Company’s ASEAN Corporate
This strategy mitigates concentration risk in the Governance Scorecard from the Indonesian Institute
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for Corporate Directorship (IICD), an independent The Nomination and Remuneration Committee
third party, moreover categorized Adira’s GCG identified and nominated new member
practices as “Good”, with an overall weighted score candidates for the Board of Commissioners,
of 89.20. Board of Directors and the Sharia Supervisory
Board, including determining the required criteria
Overall, Board of Commissioners is of the opinion and competencies. Additionally, this committee
that the principles of good corporate governance provided recommendations on remuneration
continue to be implemented at Adira Finance on packages for the Board of Commissioners and the
a satisfactory manner, in line with the Company’s Board of Directors.
commitment to build business, anchored by
rigorous risk management and internal controls as The Risk Monitoring Committee assessed potential
safeguards for sustainable growth. risks related to financing activities, operations,
credit and market developments. Furthermore, this
MANAGEMENT OF THE WHISTLEBLOWING committee was tasked with evaluating any new
SYSTEM regulatory policies and developments that may
As part of GCG enforcement, Adira Finance has impact the Company’s business activities.
established a Whistleblowing System (WBS) to
serve as a channel for complaints and reports of The Governance Committee examined and
infringements. The implementation of the WBS is evaluated the Company’s framework and policies
directly supervised by the Board of Commissioners pertaining to Good Corporate Governance (GCG)
with the assistance of the Audit Committee, and practices. This committee also ensured that the GCG
the Board of Commissioners provides advices to principles have been adequately implemented in
the Board of Directors as needed on improving the the Company’s day-to-day operations and activities.
quality of WBS implementation. In 2024, a number
of reports and cases were communicated through SOCIAL AND ENVIRONMENTAL
the WBS, which were followed up in accordance RESPONSIBILITY
with the applicable rules and regulations. Adira Finance is consistently committed to
implementing Corporate Social Responsibility
ASSESSMENT OF THE COMMITTEES (CSR). The Company consistently collaborates with
UNDER THE BOARD OF COMMISIONERS various stakeholders to ensure that the programs
In executing its supervisory duties, the Board implemented are targeted and measurable, aligning
of Commissioners is assisted by Committees, with community needs in the environmental, social,
namely the Audit Committee, the Nomination and and economic sectors.
Remuneration Committee, the Risk Monitoring
Committee, and the Governance Committee. In its implementation, Adira Finance consistently
engages customers, partners, and employees,
In 2024, all Committees fulfilled their duties and guided by three main pillars: Sahabat Lokal, Adira
responsibilities and played an important role in Peduli, and Mitra CSR Adira Finance.
supporting the Board of Commissioners to carry out
its supervisory function. This assessment is based Sahabat Lokal represents Adira Finance's
on various criteria, which include the frequency of contribution through CSR initiatives in enhancing
meetings, meeting conduct, the level of meeting and empowering the economy while improving
attendance, the competence of the members, the quality of life for the community. Throughout
performance achievements and the quality of the 2024, this program carried out through the “Festival
recommendations. Pasar Rakyat” (FPR), a CSR initiative in collaboration
with PT Bank Danamon Indonesia Tbk (Danamon)
The Audit Committee monitored and evaluated the through its Sharia Business Unit and PT Zurich
planning and implementation of the Company’s General Takaful Indonesia (Zurich Syariah).
internal audits, and followed up on audit reports with
regard to mitigatory actions. The Audit Committee
also evaluated and assessed the Company’s
financial statements, forwarding any significant
findings to the Board of Commissioners for further
consideration.
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Meanwhile, the Adira Peduli pillar is one of Adira Furthermore, Adira Finance is strongly committed
Finance’s CSR initiatives aimed at providing direct to contributing to environmental sustainability, by
supports to communities affected by various natural minimizing the negative impact of its environment.
disasters, as well as improving the quality of life for The company continuously to take environmental
those living around its operational areas. issues into consideration by implementing best
practices through various programs, initiatives,
Lastly, under the Mitra CSR Adira Finance pillar, and policies across its operational areas, including
the Company focuses on raising public awareness water consumption, paper usage, and energy
and promoting health-related CSR initiatives. Adira management.
Finance provides healthcare assistance, particularly
for underprivileged communities. CHANGES TO THE COMPOSITION OF THE
BOARD OF COMMISSIONERS
In addition, to increase financial inclusion among the There were no changes to the composition of the
community, in 2024, Adira Finance has implemented Board of Commissioners of the Company. We thank
various financial literacy programs, with a particular the shareholders for their trust and endeavour to
focus on women, housewives, MSMEs, university continue to carry our supervisory role to the best of
students, teachers, and lecturers. To deliver these our abilities
programs effectively, Adira Finance collaborates with
partners who got Certified Financial Planners (CFP), APPRECIATION & CLOSING REMARKS
ensuring they have the expertise and capability to The Board of Commissioners expresses its highest
provide education on financial management and appreciation and gratitude to the Board of Directors
effective financial planning strategies. and all employees ("Sahabat Gardira") for their
hard work and consistent dedication throughout
Through this initiative, Adira Finance is committed 2024. We also convey our sincere gratitude to
to sustainably empowering communities and shareholders, customers, business partners, and
consumers while fostering long-term benefits for all other stakeholders for their trust and continued
all stakeholders. The Company aims to become support.
a leading financing institution that actively
contributes to the achievement of the Sustainable We are optimistic that Adira Finance will continue
Development Goals (SDGs). to advance and overcome challenges through hard
work and focused implementation of
customercentric strategies to deliver sustainable
value and growth for our shareholders and society.
Jakarta, February 28, 2025
Mr. Daisuke Ejima
President Commissioner
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DIRECTOR
Manggi Taruna Habir Krisna Wijaya Daisuke Ejima
Independent Commissioner Independent Commissioner President Commissioner
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Congsin Congcar Hafid Hadeli Eng Heng Nee Philip
Commissioner Commissioner Commissioner
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REPORT OF
BOARD OF
DIRECTORS [OJK D.1][GRI 2-22]
Dear Respected Shareholders and Stakeholders,
Global and domestic economic conditions in 2024 have
presented a challenging year for the financing industry,
including Adira Finance, especially amid the sluggish
performance of the domestic automotive industry due
to declining purchasing power, declining commodity
prices, higher interest rates, and the weakening rupiah.
Despite the economic and automotive industry
dynamics in 2024, Adira Finance continues to show
resilience by maintaining stable asset growth. To
sustain its long-term growth, the Company has
implemented various strategic initiatives. One of these
initiatives is the expansion into the non-automotive
sector, creating new opportunities for business
growth amid challenges in the automotive industry.
Additionally, the Company continues to strengthen
synergies with Bank Danamon as the parent company
and expand collaborations within the MUFG ecosystem
to enhance competitiveness and deliver greater value
to stakeholders.
I Dewa Made Susila
President Director
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MACROECONOMIC AND INDUSTRY On the other hand, according to data from the
ANALYSIS Indonesian Motorcycle Industry Association
T
(AISI), wholesale sales of two-wheeler vehicle
Global and Domestic Economies (2W) experienced a slight increased of 1.5% (yoy)
he global economy continues to compared to 2023, rising to 6.3 million units from
face uncertainty in 2024. Prolonged the previous 6.2 million units. The sales figures have
geopolitical conflicts in parts of the not yet returned to pre-Covid-19 levels.
world remain a risk, alongside ongoing
global climate uncertainty. The In the financing industry, data from the Financial
continued decline in global inflation, Services Authority (OJK) shows that financing
particularly in advanced economies such as the receivables grew by 6.9% (yoy) to IDR503.4 trillion
United States, has prompted several central banks from IDR470.9 trillion in 2023. Meanwhile, in terms
to implement interest rate cuts. Nevertheless, of asset quality, the Non-Performing Financing
geopolitical tension and worsening global climate (NPF) ratio in December 2024 stood at 2.7%, slightly
condition continue to overshadow the global increased from 2.4% in the previous year.
economic outlook, given their potential to trigger
price volatility in key commodities, particularly food STRATEGY, CHALLENGES AND RESULTS
and energy. In recent years, Adira Finance has implemented
strategies to strengthen its automotive business.
Meanwhile, domestically, Indonesia’s economic Additionally, the Company is also committed to
growth reached 5.03% (yoy), slightly lower than continuously enhancing customer retention by
5.05% (yoy) in 2023. This slowdown was driven by introducing product innovations through non-
weak household consumption, which grew by 4.9% automotive financing, such as multipurpose loan,
(yoy) in 2024, still below pre-Covid-19 levels when it heavy equipment financing, and more. The goal
consistently grew above 5%. Meanwhile, investment is to foster sustainable growth opportunities and
growth reached 4.6% (yoy), higher than 3.8% (yoy) in address consumer needs at every stage of their
2023. However, its contribution remained stagnant lifecycle.
at 29.1%. Additionally, exports grew by 6.5% (yoy),
while imports increased at a higher rate of 8.0% The Company also continues to strengthen
(yoy). synergies with Bank Danamon as the parent
company and expand collaborations within the
On the other hand, the Consumer Price Index (CPI) MUFG ecosystem to enhance competitiveness and
inflation in 2024 stood at 1.57% (yoy), lower than the deliver greater value to stakeholders. At the same
2.61% (yoy) recorded in 2023. In line with the decline time, Adira Finance focuses on ensuring business
in inflation, Bank Indonesia lowered its benchmark continuity and stability through prudent risk
interest rate by 25 basis points (bps) to 6.0% in management practices to consistently maintain
September. high asset quality and liquidity.
Automotive and Financing Industry In 2024, Adira Finance continued its business journey
Overall, the automotive industry faces challenges in by implementing strategies across six key pillars:
2024, particularly in the four-wheeler segment. Data (1) strengthen its penetration in the automotive
from the Association of Indonesian Automotive business; (2) expands networks to non-automotive
Industries (Gaikindo) shows that wholesale sales businesses such as multipurpose financing and
of four-wheel vehicles (4W) declined significantly heavy equipment financing; (3) focus to increase
by 14.1% (yoy) compared to 2023, reaching 864.2 customer retention; (4) accelerate digitalization
thousand units. Several factors have contributed to within the Company and its ecosystem; (5) manage
the decline in the 4W segment, including weakening asset quality; and (6) secure sufficient liquidity.
consumer purchasing power due to rising interest
rates, increasing prices of basic necessities, declining Formulation and Execution of Strategy
commodity prices, and shrinking job opportunities. These strategies and policies were defined
Additionally, the increase in vehicle prices outpacing by the Board of Directors, with advice and
income growth has also contributed to the decline guidance from the Board of Commissioners. The
in car sales. Company’s corporate business goals, targets, and
commitments are outlined in the Business Plan and
Company’s Sustainable Finance Action Plan (SFAP),
in alignment with the Sustainable Development
Goals (SDGs).
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The Board of Directors is also responsible for New Financing Disbursement
implementing the strategies and policies that Amid challenging economic conditions and the
have been defined. To this end, the Board of automotive industry throughout 2024, Adira
Directors periodically and continuously monitored Finance also recorded a decline in new financing,
and evaluated the Company’s progress in relation particularly in the four-wheeler (4W) financing
to targets and objectives at all organizational segment. The decline in consumer purchasing
levels, making adjustments as necessary with power, a prolonged period of high interest rates,
consideration of the business landscape and inputs and declining commodity prices were among the
from stakeholders. factors contributing to the weakening performance
of the domestic automotive industry.
Funding Activities
Adira Finance ensures sufficient liquidity to provide Amid weakening consumer purchasing power and
new financing to customers and fulfill all its financial declining payment capacity, and as part of its efforts
obligations, both through customer installment to maintain asset quality, the Company adopted a
payments and by securing additional funding more selective financing strategy throughout 2024.
facilities from various sources. Adira Finance has As a result, Adira Finance’s new financing in 2024
a diversified funding sources that included joint declined by 12% (yoy) to IDR36.6 trillion. Meanwhile,
financing with its Parent Company, Bank Danamon, market share in the car and motorcycle financing
as well as external borrowing which includes bank segments slightly decreased, reaching 4.0% and
loans (onshore and offshore) as well as bonds and 8.5%, respectively, compared to 5.0% and 9.7% in
sukuk. All the offshore borrowing facilities were fully 2023.
hedged to mitigate the risk of foreign exchange and
interest rate volatility. On the other hand, Adira Finance continues to
innovate by expanding into non-automotive
As of the end of 2024, this joint financing represented segments, including multi-purpose financing,
48% of the Company’s managed receivables. heavy equipment, and others. In November
Meanwhile, the Company’s total borrowings in 2024, Adira Finance launched a multi-purpose
December 2024 increased by 11.3% to IDR 17.9 trillion, financing product, namely “Solusi Dana,” which is
consisting of bank loans (onshore & offshore) and a multipurpose financing product with a guarantee
bonds & sukuk, each contributing 60%:40%. As a of a Motor Vehicle Ownership Certificate (BPKB)
result, the gearing ratio increased to 1.7 times in that allow customers to meet various financial
2024 from 1.5 times in 2023, far below the regulation needs, ranging from education, home renovation,
of 10 times. to business capital. Adira Finance recorded growth
in non-automotive financing in 2024, increasing by
As part of external borrowing, Adira Finance issued 10% (yoy) to IDR9.8 trillion. Currently, most of the
the Bonds VI Phase III and Continuous Sukuk non-automotive financing is driven by multipurpose
Mudharabah V Phase III in May 2024, amounting financing through the “Solusi Dana” product.
to IDR2.0 trillion. In October 2024, the Company
issued another bond, Continuous Bonds VI Phase Conventional financing continued to dominate
IV for IDR2.0 trillion. Both bonds and sukuk were new financing, contributing 79% of new financing
oversubscribed by 2.3x each, which demonstrates while sharia financing contributed 21% of total new
Adira Finance’s high credibility in the bond investor financing. Various initiatives continue to be carried
community. out as part of efforts to build market awareness of
the Company’s Sharia-based products.
Adira Finance successfully maintained the highest
national and international investment grade Based on segment, the distribution of total
ratings with an idAAA/stable assessment from the new financing across car, motorcycle, and non-
national rating agency (Pefindo), and a BBB rating automotive segments stood at 35%, 38%, and
from the international rating agency Fitch Rating. 27%, respectively, in 2024. In terms of units, the
Additionally, Moody’s upheld its international rating Company booked new financing for 1.1 million
of Baa1/stable at the end of 2024, which is higher units throughout 2024. Motorcycle financing
than the national sovereign rating of Indonesia, accounted for 643 thousand units, consisting of 537
citing strong shareholders support and business thousand new motorcycles and 106 thousand used
synergy with Bank Danamon and MUFG group, as motorcycles. Meanwhile, car financing reached 66
well as Adira Finance’s solid capital structure and thousand units, consisting of 35 thousand new cars
profitability, asset quality and liquidity. and 31 thousand used cars.
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In terms of amount, motorcycle financing was In alignment with Adira Finance’s efforts to support
recorded at IDR14.1 trillion, consisting of IDR12.5 the growth of the automotive ecosystem, Adira
trillion for new motorcycle and IDR1.6 trillion for used Finance initiated various events in 2024. Adira
motorcycle. Meanwhile, car financing amounted to Finance has participated again in the IIMS 2024
IDR12.8 trillion, divided into IDR8.4 trillion for new event as the Official Multifinance Partner with MUFG
car and IDR4.4 trillion for used car. In addition, non- and Bank Danamon which was held in February
automotive financing was recorded at IDR9.8 trillion 2024. For the first time momobil.id and momotor.
in 2024. id, which are part of Adira Finance’s digital services,
have become the Official Trade-in Partner at this
Following rising public interest in electric vehicles event. In addition, Adira Finance also participated at
and to support the growth of the electric vehicle the 2024 Jakarta Fair Kemayoran, Gaikindo Jakarta
ecosystem in Indonesia, Adira Finance provides Auto Week, and other exhibition events.
financing for environmentally friendly vehicles such
as electric motorcycles and electric cars from several As one of the strategies to accelerate inorganic
manufacturers of various brands. As at December business growth, on March 13, 2024, Adira Finance
2024, electric vehicle financing has shown an completed the share purchase transaction of PT
upward trend, reached IDR379.6 billion. Mandala Multifinance Tbk (MFIN), in which Adira
Finance holds 10% of MFIN’s total issued shares. We
In terms of geographical distribution, 50% of the expect this transaction can help to enhance our
total new financing was contributed by Java, strategic collaboration, enabling us to reach a wider
while the remaining 50% was from outside Java. market as well as to strengthen our market presence
Regionally, the Greater Jakarta area contributed in the country. Ultimately, through stronger
25%, Java (excluding Greater Jakarta) 25%, Sumatra collaboration within MUFG ecosystem, we hope
20%, Sulawesi 14%, Kalimantan 8%, Bali and Nusa that we can provide better service to customers and
Tenggara 6%, and others 2%. partners.
To drive growth and retain customers, Adira Finance Financing Receivables
provides both digital and physical channels. In 2024, In 2024, Company recorded managed receivables
Adira Finance continues to enhance its digital of IDR56.0 trillion, relatively stable compared to
platforms, such as the Adiraku app and other digital previous year. In terms of funding, 48% of the
services including momobil.id, momotor.id, and managed receivables of the Company was funded
dicicilaja.com. Moreover, in 2024, the Company by a joint financing scheme with Bank Danamon,
launched the mobile application “Danadira” which and the remaining 52% came from the Company’s
is an application for instant funding financing from external borrowing and equity.
Adira Finance, all processes of which are carried out
digitally and directly from mobile phones, starting The automotive segment remained the majority
from financing applications to cash disbursements, contributor to managed receivables in 2024,
as well as installment payments. accounting for 82%, with 34% attributed to
motorcycle segment and 48% to car segment.
Through these various digital platforms, Adira Meanwhile, the contribution of non-automotive
Finance offers financial solutions that are segment was 18%, increased from 15% in 2023. This
convenient and easily accessible at all levels of upward trend reflects the success of the Company’s
customer needs, thereby driving improvements business diversification through expansion into
in customer acquisition and sales. In terms of non-automotive products, in collaboration with
non-digital networks, Adira Finance continued Bank Danamon and MUFG.
to selectively expand the Company’s extensive
network in areas with high potential and less Sustainable Financing
penetrate. As of December 31, 2024, Adira Finance Adira Finance reaffirmed its dedication to
operated 508 networks all over Indonesia (including holistically advancing the Sustainable Development
sharia branches), up from 466 at the end of 2023. Goals (SDGs) and integrating sustainable finance
principles into its operations, guided by the
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Sustainability Accounting Standards Board challenging economic conditions, the Company
(SASB) framework for the consumer finance faced asset quality dynamics and increasing costs,
industry. A robust Sustainable Finance Action particularly funding costs due to increasing interest
Plan was established and implemented, providing rates. As a result, the Company’s profitability was
a framework for embedding Environmental, adjusted, with net profit recorded at IDR1.4 trillion.
Social, and Governance (ESG) considerations and Consequently, Return on Assets (ROA) and Return
sustainable finance practices across all aspects of on Equity (ROE) were recorded at 5.3% and 12.7%,
its business. respectively, in 2024.
As a reflection of this commitment, the Company In terms of funding, the Company’s borrowings
provides financing for electric vehicles (EVs), both increased by 11.3% (yoy), leading to a 32% (yoy) rise
cars and motorcycles. To support adoption and in interest expenses, which reached IDR1.3 trillion.
strengthen its market position, Adira Finance has Additionally, operating expenses also increased in
established partnerships with several EV brands in line with the ongoing business expansion and the
Indonesia to anticipate future market growth. Company’s investments, such as digital investments
and others.
Financial Performance vs. Targets for 2024
In 2024, Adira Finance recorded managed In terms of asset, total assets also increased by 5%
receivables that remained relatively stable to IDR32.6 trillion. Meanwhile, the NPF ratio was
compared to the previous year. However, amid recorded at 2.2% at the end of 2024, lower than the
industry’s average NPF in 2024.
Description Unit Target 2024 Realization 2024
New Financing Disbursement IDR trillion 41.6 36.6
Managed Receivables IDR trillion 59.7 56.0
Net Profit After Tax IDR trillion 1.6 1.4
Non-Performing Financing Ratio % of Managed Receivables ±2.2% 2.2
(including Joint Financing)
New Car Market Share % Domestic New Car Sales ±4.0% 4.0%
New Motorcycle Market Share % Domestic New Motorcycle Sales ±8.0% 8.5%
BUSINESS PROSPECT
According to the IMF projection, the global economy is to expand by 3.3% (yoy) in 2025, up from 3.2% (yoy) in
2024. Moderated inflation has enabled central banks to lower interest rates further in 2025, thereby supporting
economic expansion. Nevertheless, risks such as economic slowdown in China, geopolitical tensions and
uncertainties on global climate remain as challenges for the global economy in 2025.
Meanwhile, the Indonesian economy is projected to accelerate to 5.2% (yoy) in 2025 compared to the growth
of 5.0% (yoy) in 2024. With inflation expected to remain stable within the target range, BI has the option to
lower interest rates further. In addition, the Government’s pro-welfare policies and industrial downstream
efforts are also expected to support economic growth.
With the expectation that BI will cut interest rates again in 2025, this move is expected to boost the performance
of the automotive and financing industries. Additionally, a positive stimulus from the government, in the
form of tax incentives for electric and hybrid vehicles in 2025, is also expected to support the growth of the
automotive industry. Other positive catalysts aimed at increasing consumer purchasing power include a 6.5%
increase in the Provincial Minimum Wage (UMP) and a free nutritious meal program, both of which will be
implemented at the beginning of 2025.
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Gaikindo projects new car sales to reach In addition, Adira Finance is also focused on
850 thousand units in 2025, while AISI projects technology and cultural transformation. This effort
motorcycle sales to reach between 6.4 million enables the Company to continuously adapt and
and 6.7 million units. In line with the automotive innovate in response to ongoing changes, fostering
industry, the financing industry is also projected new innovations amid challenging economic
to increase in 2025. The Indonesian Financing and industry conditions. The focus on technology
Companies Association (APPI) projects the growth transformation aims to address the rapid
of the multifinance industry in 2025 to be 7%- advancements in technology in the digitalization
8% (yoy), supported by growth in investment era. Through this transformation, the Company
financing, multipurpose financing, and working continues to develop digital-based infrastructure
capital financing. However, APPI also noted that the related to the Human Resource Information System
increase in VAT and ”opsen” tax in the automotive (HRIS).
industry could be a challenge that must be
anticipated to face 2025. Meanwhile, the Company’s focus on cultural
transformation is realized through various thematic
In navigating a dynamic market, Adira Finance corporate culture reinforcement activities each year.
implements a comprehensive growth strategy. In In 2024, the corporate culture reinforcement theme
the automotive sector, the Company aims to expand highlights the values of “ARO” (Advance, Reliable &
its product portfolio, offer attractive sales programs, Obsessed) and Integrity Culture. Additionally, the
strengthen relationships with dealers, and leverage Company is embracing a Sustainability Finance
synergies within the MUFG group. On the other hand, culture in alignment with POJK regulations and
the Company is also diversified its product into non- has begun implementing Health, Safety, and
automotive financing and focusing on customer Environment (HSE) initiatives.
retention through loyalty programs, referrals, and
cross-selling initiatives. This will be supported by In terms of training and competency development,
continuous investment in digitalization and the HR programs are continuously conducted through
development of the digital platform, in line with online, offline, and hybrid formats. Competency
shifting consumer preferences, to support cost development programs are designed to enhance
efficiencies and increase productivity. current skills to meet both present and future
needs. Leadership development through the talent
Finally, the Company will continue to manage its pool program remains a key focus for Adira Finance,
funding diversification, liquidity, and asset quality, including preparing future leaders. Training
as it strives to expand into new markets going programs are also implemented as part of change
forward. management to equip employees with the necessary
capabilities for executing transformation projects,
ORGANIZATIONAL CHANGE AND HUMAN such as business process re-engineering, customer
RESOURCES MANAGEMENT relationship management, and strengthening the
In 2024, the strategy and human resource multipurpose portfolio.
management at Adira Finance are focused on the
current and future business needs and challenges. LEVERAGING INFORMATION TECHNOLOGY
Adira Finance ensures that the Company’s In line with the Company’s digital transformation,
human resources possess the competence, skills, Information Technology (IT) has an important role.
commitment, and a positive response to change, In 2024, Adira Finance’s IT strategy, focus, and
while maintaining behavior aligned with the policies are designed to support comprehensive
Company’s culture. digital transformation, with the goal of enhancing
operational efficiency, customer experience, and
To achieve this goal, the Company has implemented data security.
several Human Resources (HR) strategic initiatives,
including organizational strengthening, productivity Adira Finance integrates IT development into its
improvement, enhancement of the learning business strategy to strengthen competitiveness
ecosystem, employee relationship development, and maximize growth. Key initiatives include
corporate culture development, digital capability enhancing digitalization and the digital ecosystem,
enhancement, and strengthening the role of as well as emphasizing a customer-centric approach.
change management.
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In 2024, Adira Finance continues to develop its digital EVALUATION OF COMMITTEES UNDER THE
platforms, such as the Adiraku app, as well as other BOARD OF DIRECTORS
digital services including momobil.id, momotor.id, To support the implementation of GCG, the
and dicicilaja.com to enhance customer experience Company continuously socializes the importance
and expand business reach. Additionally, Adira offers of GCG and regularly monitors the effectiveness of
customer loyalty programs, such as “Adira Poin”, the risk management and internal control systems.
along with other exciting initiatives to maintain The results of the evaluations were distributed
customer satisfaction and strengthen retention. to several committees that assist the Board of
Directors in overseeing corporate governance and
Furthermore, cybersecurity, connectivity, data risk management of the Company, namely the Risk
recovery, and other critical aspects of risk Management Committee, the Credit Committee,
management and business continuity remain a top the Assets and Liabilities Committee (ALCO), and
priority. These initiatives are crucial for enhancing the Information Technology Steering Committee.
IT resilience and driving sustainable digital
transformation. In 2024, all of the committees performed their duties
satisfactorily, as follows:
IMPLEMENTATION OF CORPORATE
GOVERNANCE Risk Management Committee
Adira Finance believes that Good Corporate In 2024, the Risk Management Committee conducted
Governance (GCG) is one of the key factors a comprehensive review of all operational policies and
supporting sustainable growth. The Company the Company’s performance, thoroughly considering
remains committed to implementing GCG principles potential risks. This proactive assessment identified
across all operational aspects. This includes a strict areas for improvement, ensuring alignment with
and comprehensive risk management framework the evolving business needs and risk landscape. The
designed to proactively identify, assess, and mitigate Company’s overall risk profile, as measured by NPL
all potential business risks while simultaneously ratios and other key indicators, remained within
ensuring that all business activities are conducted acceptable parameters.
with prudence and responsibility.
Credit Committee
In addition, Adira Finance also adheres to a risk The Credit Committee is responsible for evaluating
management mechanism that has been adapted and improving processes related to financing
from the risk management practices of Bank provision. This includes simplifying and digitalizing
Danamon as the Company’s parent company, the credit approval process while simultaneously
pursuant to Bank Indonesia Regulation No. 8/6/ implementing necessary measures to mitigate
PBI/2006 dated January 30, 2006 concerning the fraud risk and ensuring loan quality across all
Implementation of Consolidated Risk Management financing segments.
for Banks that Conduct Control over Subsidiaries
and is guided by the Financial Services Authority ALCO Committee
Regulation No. 44/ POJK.05/2020 and the The main responsibility of the Asset-Liability
Financial Services Authority Circular Letter No. 7/ Committee (ALCO) is to proactively manage the
SEOJK.05/2021. Company’s exposure to asset and liability risks
within defined tolerances. Throughout 2024, the
Based on a self-assessment of Good Corporate ALCO conducted regular meetings to assess and
Governance, which was conducted concerning deliberate on the Company’s Assets and Liabilities.
Financial Services Authority Regulation No. 28/ During these sessions, the committee made various
POJK.05/2020 and Financial Services Authority decisions to ensure adequate liquidity management
Circular Letter No. 11/ SEOJK.05/2020, in 2024 the and implement a robust funding diversification
Company implemented the principles of GCG well, strategy. Additionally, the committee offered
with a rating of 1 (one). An independent assessment insights on financing interest rates.
by the Indonesian Institute for Corporate
Directorship (IICD) classified the Company’s GCG Information Technology Steering
implementation as “Good,” with an overall weighted Committee
score of 89.2.
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The Information Technology Steering Committee PEDULI program. In addition, Adira Finance carried
has a critical role in guiding and overseeing the out various initiatives, not only in the education
Company’s information technology strategy. sector but also in the health and social sectors.
The Committee›s responsibilities encompass the
development and implementation of effective IT Lastly, under the Mitra CSR Adira Finance pillar,
policies and procedures, as well as the ongoing the Company focuses on raising public awareness
monitoring and evaluation of IT performance. and promoting health-related CSR initiatives. Adira
In 2024, the Committee actively participated in Finance provides healthcare assistance, particularly
regular meetings, providing valuable insights and for underprivileged communities. The support
recommendations to enhance the effectiveness includes covering medical expenses such as
of IT operations and ensure the Company’s IT surgery costs, medical check-ups, free medication
infrastructure remains resilient and adaptable to distribution, and more. The Mitra CSR program also
evolving business needs. collaborates with “Increso”, a social organization
consisting of all Adira Finance employees. Increso
SOCIAL AND ENVIRONMENTAL operates across all Adira Finance branch offices,
SUSTAINABILITY serving as a platform for employees to actively
Adira Finance is committed to continuously participate and contribute positively beyond the
improving the social well-being of the community Company’s business activities.
by implementing Corporate Social Responsibility
(CSR) initiatives. Adira Finance consistently In addition, as a Company operating in the financing
collaborates with various stakeholders to ensure industry, Adira Finance recognizes the importance
that the programs implemented are targeted and of educating the public on financial management.
measurable, aligning with community needs in the In 2024, Adira Finance once again implemented
environmental, social, and economic sectors. various financial literacy programs, with a particular
focus on women, housewives, MSMEs, university
In implementing CSR programs in the field students, teachers, and lecturers. To deliver these
of community development, Adira Finance programs effectively, Adira Finance collaborates with
consistently engages customers, partners, and partners who got Certified Financial Planners (CFP),
employees, guided by three main pillars: Sahabat ensuring they have the expertise and capability to
Lokal, Adira Peduli, and Mitra CSR Adira Finance. provide education on financial management and
effective financial planning strategies.
Sahabat Lokal represents Adira Finance›s
contribution through CSR initiatives in enhancing Additionally, Adira Finance is strongly committed
and empowering the economy while improving to contributing to environmental sustainability,
the quality of life for the community. Throughout both directly and indirectly, by minimizing the
2024, activities carried out under the Sahabat negative impact of its operational activities on the
Lokal pillar included the “Festival Pasar Rakyat” environment. Although the Company’s operational
(FPR), a CSR initiative in collaboration with PT Bank and business activities do not have a direct impact on
Danamon Indonesia Tbk (Danamon) through its the environment, it continues to take environmental
Sharia Business Unit and PT Zurich General Takaful issues into consideration by implementing best
Indonesia (Zurich Syariah). This program was practices through various programs, initiatives,
conducted from September to December 2024 and and policies across its operational areas, including
was held in five traditional markets across Indonesia: water consumption, paper usage, and energy
Pasar Rangkasbitung (Lebak, Banten), Pasar Pahing management.
(Kediri), Pasar Legi (Solo), Pasar Kosambi (Bandung),
and Pasar Ngasem (Yogyakarta). AWARDS
Adira Finance’s performance and achievements
Meanwhile, the Adira Peduli pillar is one of Adira were recognized by a number of awards in 2024, in
Finance’s CSR initiatives aimed at providing direct various categories.
supports to communities affected by various
natural disasters, as well as improving the quality Among the awards won by the Company were:
of life for those living around its operational areas. Best Public Relations in Maintaining Partnership
Adira Finance participated in the Corporate Social Synergy and Customer Engagement through
Responsibility (CSR) Jakarta Fair Kemayoran 2024 Corporate Programs in the multifinance category
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from Indonesia Public Relation Awards (IPRA) Yoshida, who was not reappointed because he has
2024; Best Performance Chief Financial Officer received a new assignment as Director of PT Bank
in Financing Diversification to Increase the Danamon Indonesia Tbk. We would like to thank
Growth of Business Segment in the multifinance Mr. Jin Yoshida for his dedication and contribution
category from Indonesia Best CFO Awards 2024; to the Company. We wish him continuous success
Living Legend Company in Enhancing Product in his future endeavor.
and Service Excellence to Expanding Financing
Distribution from Living Legend Companies Award Furthermore, the AGMS also approved the
2024; The Best Human Capital for Adopting Human appointment of Mr. Sigit Hendra Gunawan, Mr.
Capital Management Framework in Aligning with Sylvanus Gani Kukuh Mendrofa, and Mr. Takanori
Customer-Centric Culture in the multifinance Mizuno as the Company’s Directors. We welcome
category from Indonesia Human Capital Awards Mr. Sigit Hendra Gunawan, Mr. Sylvanus Gani
2024; The Best Multifinance Company 2024 – Kukuh Mendrofa, and Mr. Takanori Mizuno as
Asset>IDR10T in the category 1 at the 13th Infobank the Company’s Directors. We believe with their
Digital Brand Recognition 2024; The Highest Digital expertise, experiences, and capabilities, they will be
Index Multifinance Company in the category 1 at able to deliver great contributions to the Company
the 13th Infobank Digital Brand Recognition 2024; as well as to the financing industry.
“Perusahaan Pembayar Zakat Terbaik Baznas RI
2024” in the Unit Usaha Syariah category at the As such, the composition of the Company’s Board of
Baznas Award 2024; and The Best Performance Directors is as follows:
Multifinance Company Asset Class & Excellence
Performance Multifinance Company Asset Class at President Director : I Dewa Made Susila
the Infobank Multifinance Award 2024. Director : Swandajani Gunadi
Director : Niko Kurniawan Bonggowarsito
In addition, the Company has also won the Director : Harry Latif
following awards: Indonesia Green Leader for Director : Denny Riza Farib
Green Orientation in Implementing Sustainability Director : Sigit Hendra Gunawan
Initiatives to Support at the Warta Ekonomi Director : Sylvanus Gani Kukuh Mendrofa
Indonesia’s Top Green Leaders Award 2024; The Best Director : Takanori Mizuno
Indonesia Finance “Multifinance – Public Company”
2024 – Assets>IDR25T at the Indonesia Finance APPRECIATION & CLOSING REMARKS
Conference & Award VII 2024; “Asset Registry Top In closing, the Board of Directors wishes to express
Searcher” award at the Rapindo Awards 2024; Top 20 our utmost gratitude and highest appreciation to
Financial Institution Award at the Finance Awards our customers, business partners, shareholders
2024; The Best CFO Awards 2024 from the Finance; and regulators for their supports, trust, and
and The Best CEO and Most Efficient Multifinance in cooperation. We would also like to convey the same
the category of Multifinance Go Public at the Bisnis appreciation to the Board of Commissioners for
Indonesia Financial Award (BIFA) 2024. their recommendations, guidance, and suggestions
throughout 2024.
CHANGES TO THE COMPOSITION OF THE
BOARD OF DIRECTORS To all employees of Adira Finance, we express
During 2024, Adira Finance has held an Annual our highest appreciation and gratitude for their
General Meeting of Shareholders (AGMS) of which unreserved dedication in carrying out their duties
one of the agendas approved was the changes to
the composition of the Board of Directors. The AGMS
held on March 27, 2024, approved the reappointment
of all members the Board of Directors except Mr. Jin
Jakarta, February 28, 2025
I Dewa Made Susila
President Director
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 51
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DIRECTOR
Harry Latif Sylvanus Gani Kukuh Mendrofa Takanori Mizuno I Dewa Made Susila
Director Director Director Director
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Swandajani Gunadi Niko Kurniawan Bonggowarsito Denny Riza Farib Sigit Hendra Gunawan
Director Director Director Director
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 53
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STATEMENT OF THE BOARD
OF COMMISSIONERS [SEOJK E.1][GRI 2-14]
We, the undersigned, testify that all information contained in the 2024 Annual Report of PT Adira Dinamika
Multi Finance Tbk has been presented completely. We assume full responsibility for the content accuracy of
the Company’s 2024 Annual Report.
This statement is hereby made in all truthfulness.
Jakarta, February 28, 2025
THE BOARD OF
COMMISSIONERS
Daisuke Ejima
President Commissioner
Krisna Wijaya Manggi Taruna Habir
Independent Commissioner Independent Commissioner
Eng Heng Nee Philip Congsin Congcar Hafid Hadeli
Commissioner Commissioner Commissioner
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STATEMENT OF THE
BOARD OF DIRECTORS [SEOJK E.1][GRI 2-14]
We, the undersigned, testify that all information contained in the 2024 Annual Report of PT Adira Dinamika
Multi Finance Tbk has been presented completely. We assume full responsibility for the content accuracy of
the Company’s 2024 Annual Report.
This statement is hereby made in all truthfulness.
Jakarta, February 28, 2025
THE BOARD OF
DIRECTORS
I Dewa Made Susila
President Director
Swandajani Gunadi Niko Kurniawan Bonggowarsito Harry Latif
Director Director Director
Denny Riza Farib Sylvanus Gani Kukuh Mendrofa Takanori Mizuno Sigit Hendra Gunawan
Director Director Director Director
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 55
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02
Performance Opening Management Corporate Management Corporate Environmental Supporting
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and Analysis Responsibility
CORPORAT E
PROFILE
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 57
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Table of Contents
Corporate Identity 59 Sharia Supervisory Board Profile 99
Adira Finance at A Glance 60 Senior Officers Profile 102
Milestones 64 Changes In The Composition of Members of The 122
Board of Commissioners And Board of Directors
Line of Business 66
Total Number and Data on Employee Competency 123
List of Membership in Association 67
Development
Organizational Structure ADIRA FINANCE 68
Shareholders Composition 125
Vision and Mission 70
Chronology of Stock Listing 127
Business Strategy in 2023 72
Chronology of Other Securities Listing 130
Adira Finance in Number 72
Shareholder of Affiliates, Subsidiaries, Associates 132
Brand and Logo 73 and Joint Ventures
Brand Personality 73 Group Structure 133
Board of Commissioners Profile 74 Public Accounting Services and Public Accounting 134
Firm
Audit Committee Profile 80
Name and Address of Supporting Institutions and/ 135
Risk Monitoring Committee Profile 83
or Professionals
Nomination and Remuneration Committee Profile 86
Corporate Website Information 136
Corporate Governance Committee Profile 89
Management Education and Training 137
Board of Directors Profile 91
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CORPORATE IDENTITY
General Information of the Company [GRI 102-1][GRI 102-2][GRI 102-3][GRI 102-5][GRI 102-6]
[C.2][C.3][C.4]
Name of the Company Issued and Fully Paid
PT Adira Dinamika Multi Finance Tbk
Capital
1,067,500,000 shares or equal to IDR106.75 billion
Line of Business
Consumer Financing and Sharia Financing as Stock Exchange
Sharia Business Unit Indonesia Stock Exchange
Establishment Date
November 13, 1990 Stock Listing
March 31, 2004
Change of Name
There is no change in the name of the company Stock and Bond Code
ADMF
Legal Basis of
ISIN Code
Establishment IDA0000930D4
Deed of Establishment No. 131 dated
November 13, 1990, made before Misahardi
Wilamarta, S.H, Notary in Jakarta, and approved by
the Minister of Justice of the Republic of Indonesia Composition of
based on the Decree No. C2-19.HT.01.01.TH.91 dated
January 8, 1991, and was registered at the Registrar’s Shareholders 2024
Office at the South Jakarta District Court under • PT Bank Danamon Indonesia Tbk 92.07%
No. 34/Not.1991/PN.JKT.SEL on January 14, 1991, • Public 7.93%
and announced in the Supplement No. 421 State
Gazette of the Republic of Indonesia No. 12 dated
February 8, 1991.
Full Address [SEOJK C.2]
Millennium Centennial Center
53rd, 56th-61st Floor
Authorized Capital Jalan Jenderal Sudirman Kav. 25
4,000,000,000 shares or equal to IDR400 billion South Jakarta 12920
Indonesia
Phone : (62-21) 3973-3322/3232
Fax : (62-21) 3973-4949
E-mail : af.corsec@adira.co.id
Website : www.adira.co.id
Corporate Bond and Sukuk Code
Issuer
No Bond ID Bond Name Series Due Date Rating
Code
1. ADMF05BCN3 Adira Finance Continuing Bond V Phase III B ADMF March 22, 2025 AAA
id
2. ADMF05CCN3 Adira Finance Continuing Bond V Phase III C ADMF March 22, 2027 AAA
id
3. ADMF06BCN1 Adira Finance Continuing Bond VI Phase I B ADMF July 7, 2026 AAA
id
4. ADMF06CCN1 Adira Finance Continuing Bond VI Phase I C ADMF July 7, 2028 AAA
id
5. ADMF06BCN2 Adira Finance Continuing Bond VI Phase II B ADMF November 9, 2026 AAA
id
6. ADMF06CCN2 Adira Finance Continuing Bond VI Phase II C ADMF November 9, 2028 AAA
id
7. ADMF06ACN3 Adira Finance Continuing Bond VI Phase III A ADMF May 13, 2025 AAA
id
8. ADMF06BCN3 Adira Finance Continuing Bond VI Phase III B ADMF May 3, 2027 AAA
id
9. ADMF06CCN3 Adira Finance Continuing Bond VI Phase III C ADMF May 3, 2029 AAA
id
10. ADMF06ACN4 Adira Finance Continuing Bond VI Phase IV A ADMF October 20, 2025 AAA
id
11. ADMF06BCN4 Adira Finance Continuing Bond VI Phase IV B ADMF October 10, 2027 AAA
id
12. ADMF06CCN4 Adira Finance Continuing Bond VI Phase IV C ADMF October 10, 2029 AAA
id
11. SMADMF04BCN3 Adira Finance Continuing Mudharabah Bonds IV Phase III B ADMF March 22, 2025 id
AAA(sy)
12. SMADMF04CCN3 Adira Finance Continuing Mudharabah Bonds IV Phase III C ADMF March 22, 2027 id
AAA(sy)
13. SMADMF05BCN1 Adira Finance Continuing Mudharabah Bonds V Phase I B ADMF July 7, 2026 id
AAA(sy)
14. SMADMF05CCN1 Adira Finance Continuing Mudharabah Bonds V Phase I C ADMF July 7, 2028 id
AAA(sy)
15. SMADMF05ACN2 Adira Finance Continuing Mudharabah Bonds V Phase II A ADMF November 18, 2024 id
AAA(sy)
16. SMADMF05BCN2 Adira Finance Continuing Mudharabah Bonds V Phase II B ADMF November 9, 2026 id
AAA(sy)
17. SMADMF05CCN2 Adira Finance Continuing Mudharabah Bonds V Phase II C ADMF November 9, 2028 id
AAA(sy)
18. SMADMF05ACN3 Adira Finance Continuing Mudharabah Bonds V Phase III A ADMF May 13, 2025 id
AAA(sy)
19. SMADMF05BCN3 Adira Finance Continuing Mudharabah Bonds V Phase III B ADMF May 3, 2027 id
AAA(sy)
20. SMADMF05CCN3 Adira Finance Continuing Mudharabah Bonds V Phase III B ADMF May 3, 2029 id
AAA(sy)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 59
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ADIRA FINANCE
at a Glance
To seize opportunities and meet market
demands, the Company continues its digital
transformation across its organization and
ecosystem by developing digitalization and
automation processes in various business
activities.
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As of December 31, 2024, Adira Finance
owns and operates 508 business networks
including sharia branches, supported by
around 17 thousand employees, to serve
around 2.0 million customers with total
receivables under management of Rp56.6
trillion.
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In 2004, Adira Finance conducted a public offering Adira Finance is also committed to carrying out a
of shares, and PT Bank Danamon Indonesia Tbk. mission that leads to improving the welfare of the
(Bank Danamon) is the majority shareholder with Indonesian people by providing various products
75%. With this, Adira Finance is confident that it will and services according to the consumer’s life cycle
further expand its business and achieve business as well as providing profitable experiences that
opportunities in the country. benefit consumers from automotive financing
(motorcycles, cars, and electric), Solusi Dana
In connection with the Company’s Public Offering financing, Umrah (Syariah) financing, heavy
of Shares in 2004, the Company received an equipment, and other financing.
effective statement from the Chairman of Bapepam
through Letter No. S-657/PM/2004 dated March 23, To seize opportunities and meet market demands,
2004, to conduct a Public Offering of 100,000,000 the Company continues digital transformation
(one hundred million) shares with a nominal value throughout its organization and ecosystem by
of IDR100 (one hundred Rupiah) per share, which developing digitalization and automation processes
were shares owned by the Company’s shareholders in various business activities. In addition, the
at that time (divested shares). On March 31, 2004, Company also continues to invest in the financing
all of the Company’s shares were listed on the business through various digital platforms, such
Indonesia Stock Exchange (formerly the Jakarta as Adiraku, momobil.id, momotor.id, moservice.
Stock Exchange and the Surabaya Stock Exchange). id, and dicicilaja.com. This step aims to simplify
the financing process and provide alternatives for
Furthermore, in the same year, Bank Danamon acquiring new financing and reaching consumers,
took over the Company through a direct placement both existing and new.
mechanism of 750,000,000 shares in the Company
or equivalent to 75% of the total shares issued by Previously, the Company had a mobile application,
the Company based on the Conditional Sale and namely Adiraku, which allows customers to apply
Purchase Agreement (CSPA) between Theodore for multipurpose loans online. Then in 2024,
Permadi Rachmat and Stanley Setia Atmadja the Company launched the mobile application
as the seller and Bank Danamon as the buyer “Danadira” which is an application for instant
on January 26, 2004. In 2009, Bank Danamon funding financing from Adira Finance, all processes
increased its ownership of the Company to 95% of which are carried out digitally and directly from
by exercising its purchase option right to acquire mobile phones, starting from financing applications
a 20% share ownership of Mega Value Profits to cash disbursements, as well as installment
Limited. Furthermore, at the beginning of 2016, payments.
Bank Danamon divested 29.2 million shares, or the
equivalent of 2.92% share ownership. Currently, From the rating aspect, throughout 2024, Adira
Bank Danamon has share ownership of 92.07% in Finance succeeded in maintaining its domestic
Adira Finance. rating with an idAAA/Stable assessment from the
domestic Rating Agency (Pefindo). In addition, the
Adira Finance is committed to becoming the best Company also maintains a BBB international rating
and leading financing company in Indonesia. from the international rating agency Fitch Rating
Adira Finance is always present in the community and a Baa1/stable rating from the Moody’s Rating
by providing a variety of products and services, Agency. Maintaining this rating can have a positive
which suit the consumer’s life cycle and provide a impact on increasing investor confidence in Adira
profitable experience for its Friends. Finance. In addition, this ranking is expected to
provide the Company with better access to secure
In 2012, the Company expanded the scope of its competitive optimal funding, both domestically and
activities by providing financing based on sharia internationally.
principles. Several years later, the Company
diversified by providing multi-purpose financing
through the “Solusi Dana” product, as well as other
products to provide maximum financing service
experience for consumers.
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As of December 31, 2024, Adira Finance owns and Director General of General Legal Administration of
operates 508 business networks, including sharia the Department of Law and Human Rights of the
branches, supported by around 17 thousand Republic of Indonesia and recorded on October 27,
employees, to serve around 2.0 million consumers 2021 in the Sisminbakum Database based on the
with total managed receivables of IDR56.6 trillion. Letter of Acceptance of Notification of Amandments
to the Company’s Articles of Association No.AHU-
Information on Amendments to the Articles AH.01.03-0465665; and (iii) recorded in the Company
of Association Register No.AHU-0186926.01.11 of 2021 dated October
The Company’s Articles of Association have been 27, 2021 by the Minister of Law and Human Rights
completely amended as stated in the Deed of Decree of the Republic of Indonesia based on which the
of All Shareholders of PT Adira Dinamika Multi Company’s Extraordinary GMS held on October 15,
Finance No.13 dated January 26, 2004, made in the 2021, has approved:
presence of Fathiah Helmi, S.H., Notary in Jakarta, 1. Amendments to Article 3, Article 11 paragraph 5
which has been approved by the Minister of Justice letter (a), Article 11 paragraph 5 letter (b), Article
and Human Rights of the Republic of Indonesia 14 paragraph 6 letter (a), Article 14 paragraph 6
based on Decree No.C-02207 HT 01.04 TH 2004 dated letter (b), and Article 18 paragraph 7 letter (a) in
January 29, 2004 and has been reported to the same the Company’s Articles of Association, which are
Minister as stated in the Letter of Acceptance of the adjustments to the Financial Services Authority
Report on the Deed of Amendment to the Articles of Regulations, and come into effect from the
Association of PT Adira Dinamika Multi Finance Tbk date of publication of the letter of receipt of
No.C-02208 HT 01.04 TH 2004 dated January 29 2004, notification of amendments to the Articles of
and registered on February 6 2004 in the Company Association from the Minister of Law and Human
Register at the South Jakarta Regional Office of Rights of the Republic of Indonesia as intended
Industry and Trade as the Level II Regional Company in Article 23 paragraph (2) of the Law No. 40 of
Registration Office with No. Registration Agenda 2007 concerning Limited Liability Companies;
112 RUB.09.03/II/2004 and No.TDP 09.03.1.66.10384, 2. Restate all articles of the Articles of Association
and announced in Supplement No.1990 to the State and paragraphs of the Articles of Association that
Gazette of the Republic of Indonesia No. 16 dated 24 have not been amended at this meeting, which
February 2004. have previously been in effect since the date of
issuance of the letter of approval for changes
The Company’s Articles of Association have to the Articles of Association and the date of
undergone several amendments. The latest issuance of the letter of receipt of notification
amandments are contained in the Deed of of changes to the Articles of Association from
Statement of Meeting Resolution of PT Adira the Minister of Law and Human Rights of the
Dinamika Multi Finance Tbk No. 40 dated October Republic of Indonesia as intended in Article 23,
15, 202,1 which was made in the presence of Mala paragraph (1), and paragraph (2) of Law No. 40 of
Mukti, S.H., LL.M., Notary in Jakarta, and has (i) 2007 concerning Limited Liability Companies.
received approval from the Minister of Law and
Human Rights of the Republic of Indonesia based
on Decree No.AHU-0186926. AH.01.11 of 2021 dated
October 27, 2021, (ii) notified to and received by the
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 63
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MILESTONE
1990
The company was
established in 1990 and
2004
commenced its operations
in 1991.
ial Public Offering on
2002 2003 2008
JSX and SSX (now IDX)
Acquisition of PT Bank
Danamon Indonesia Tbk
Adira Finance obtained • Managed receivables by 75%. Net profit reached Rp1
the first corporate rating of amounted to Rp3.9 trillion, the highest for
idBBB+ from Pefindo. trillion with 120 a finance company. The
business networks. business network doubled
• Issuance of initial within 5 years to 300
bonds worth Rp500 business networks.
billion.
2017 2019
• Adira Finance Adira Finance obtained
launched the Momobil. an international credit
id Platform rating of “Baa2 and BBB”
• Net income grew 40% (Investment grade) from
2018 2020
y/y. Moody’s and Fitch Rating.
• Adira Finance • Adira Finance
launched the Momotor. launched the Adiraku
id Platform Platform
• Managed receivables • Adira Finance obtained
reached Rp51.3 trillion. a syndicated loan of
USD300 million.
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2009
2013
PT Bank Danamon
Indonesia Tbk increased
its ownership percentage
in Adira Finance to 95%. • Adira Finance increased
its first syndicated loan
by USD 200 million
• Managed receivables
2010 2012
reached IDR45.79 trillion.
Total managed Total managed
receivables were Rp30.8 receivables were
trillion. Car segment
financing receivables
IDR45.8 trillion. The
asset composition of the 2014
2011
reached Rp10 trillion, motorcycle: car segment
• Issued bonds and
equivalent to 33% of total is 56%:44%.
mudharabah bonds
assets. worth IDR3.1 trillion
Processing the issuance of • Pefindo raised ADMF’s
Sustainable Bond I worth rating to idAAA (stable
IDR6 trillion. outlook).
2021 2023
• Adira Finance is the
• Adira Finance
first multi-finance
launched the Adiraku
company to have
platform version 2.0
signed a Social Loan
2022
• Moody’s raised the
facility with MUFG
credit rating from
2024
Bank Ltd;
baa2/stable to baa1/
• Adira Finance became
stable.
• Adira Finance a shareholder of PT
maintained Moody’s Home Credit Indonesia
• Adira Finance became a
international rating amounting to 9.82%.
10% shareholder in
of baa1/stable; Fitch
PT Mandala Multifinance
Rating BBB; as well
Tbk.
as the idAAA/stable
• Adira Finance obtained
domestic rating from
a syndicated loan of
Pefindo;
USD300 million.
• Adira Finance
participated as
Official Multifinance
Partner at IIMS 2022
with Danamon and is
supported by MUFG as
Official Bank Partner.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 65
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LINE OF BUSINESS [SEOJK C.4][GRI2-6 ]
BUSINESS ACTIVITIES ACCORDING TO THE PRODUCTS AND SERVICES
LATEST ARTICLES OF ASSOCIATION Adira Finance offers a variety of diversified vehicle
Based on the Company’s latest Articles of Association financing products, such as motorcycles and cars,
and contained in Deed No. 40 dated October 15, 2021, both new and used, to electric vehicles from various
made by Mala Mukti, S.H., LL.M., Notary in Jakarta, it motor vehicle brands, as well as non-automotive
has obtained approval from the Minister of Law and financing such as Solusi Dana (multipurpose)
Human Rights of the Republic of Indonesia based ccc financing, Umrah (Syariah) financing, heavy
on Decree No. AHU-0186926.AH.01.11 of 2021 dated equipment, and other financing. Adira Finance
October 27, 2021, reported to OJK on 29 October always provides customer-centric services to reach
2021. The aims and objectives of the Company are customers in a sustainable manner by carrying out
to operate in the field of (i) Financing Companies (ii) several product and service innovations so that
Sharia Financing, which is a Sharia Business Unit. all consumer needs can be met at Adira Finance.
To achieve these aims and objectives, the Company Adira Finance also provides easy, fast, and concise
can carry out business activities as follows: credit requirements with the Ring Adira 1500 511
information service. Apart from that, Adira Finance
Financing Company is supported by a service network of around 508
1. Investment financing; business networks spread across Indonesia and has
2. Working capital financing; a secure BPKB storage system.
3. Multipurpose financing;
4. Other financing business activities based on Furthermore, Adira Finance offers two types
approval from the Financial Services Authority; of financing that customers can choose from
and (conventional and sharia). All of this makes Adira
5. Operating leases and/or fee-based activities Finance always present by providing various
as long as they do not conflict with laws and products and services according to market
regulations in the financial services sector. segments or target markets as well as consumer life
cycles and providing profitable experiences for all its
Sharia Business Unit Friends.
1. Sale and purchase financing;
2. Investment financing; and Adira Finance offers products and services to meet
3. Service financing. customer needs including:
1. Motorcycle financing (new, used and electric);
BUSINESS ACTIVITIES CARRIED OUT 2. Car financing (new, used and electric);
Until the financial year period ending December 3. Solusi Dana Financing (multipurpose);
31, 2024, Adira Finance has carried out business 4. Sharia financing using Murabahah contracts;
activities based on the latest amendments to the and
Articles of Association mentioned above. 5. Heavy equipment financing.
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and Analysis Responsibility
MEMBERSHIP LIST IN
THE ASSOCIATION [SEOJK C.5] [GRI 2-28]
Association Position Position Period
Association of Indonesian Member Renewed annually
Financing Companies (APPI) (1057/JKT/92) Since 1992
I Dewa Made Susila 2022-2027
Head of Compliance, Risk
Management and Sharia
Financing
Harry Latif 2022-2027
PT Adira Dinamika Deputy Chair of the 4-Wheel
Multi Finance Tbk Committee
Denny Riza Farib 2022-2027
Risk Management Committee
Indonesian Employers Member Renewed annually
Association (Apindo) (0218.01.009.100.132.1105)
Since 2005
Indonesian Pawnshop and Member Renewed annually
Venture Financing Mediation (1007/022017/BMPPVI)
Agency (BMPPVI)
Indonesian Issuer Association Member Renewed annually
(570/ADMF-AEI/18)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 67
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ADIRA FINANCE
ORGANIZATIONAL STRUCTURE
GMS
President Director
Sharia Supervisory Board
I Dewa Made Susila
Director-Sales,
Director- Director-
Service & Director-Finance Director-Risk
Business Alliance Business &
Distribution Sylvanus Gani Management
Strategy Portfolio
Niko Kurniawan K.M. Sigit Hendra G.
Takanori Mizuno Harry Latif
B.
Head Of Retail Head Of Non
Head Of Risk
MCY Business Auto
Management
Andy Sutanto Business
Pramono Pranoto
(S/A) Andy Sutanto
Head Of Head Of Head Of
Head Of NCAR 1 Head Of Honda Head Business Head Of SSD Head Of Risk
Business Business System Corporate
Business NMCY Business Channeling Management Analytics & MIS
Alliance Strategy Solution Finance
Dwi Prasetiyo Chandra H. Indra M.H. Max Eka D. Andi Tirta K.
A.Melati C.C. Danny W. Wenbi Margo
Head of
Head Of Head Of Head of Head Of Head Of
Head Of NCAR 2 Business Head Of
National Fleet Yamaha NMCY Business Collaboration Operation Risk
Business Portfolio MIS, Procurement
Business Business Retention and Project Mgt
Andy Teguh Pricing & Comp Didik Sukarmadi
Reza H.T. Trianto S. Dani R.H. Krisdianto Achmad Komara
Herru Damarjati
Head Of Biz
Head Of Head Of Suzuki Head of Non Head Of
Head of Partnership Head of Finance
Commercial & MB NMCY Auto Product & Information Risk
Regional Management & Cash Mgt
Business Business Program Dev Mgt
Business 1. Rudy Widjaja Maria Sari D.
Agus H.A. Paul O.J. Valen R.K. Guntur P.
2. Kristian N. Y.
• Ronny S.
• Billy P.
• Sandi S. Head of
Head Of UCAR Head Of Used Head of Quality
• Hendri S. Head Of Syariah Accounting &
Business MCY Business Assurance
• Fathul A. Yusron Tax
Ronald Donna Yustina E. Ingrid Sri K.D.
• Taufik R. Amirul.M
• Nurmandi S.
• Nurahmat B.A.
• Rudy W.
• Handry M.H.
Head Of SSD
Head Of E-Bike • Sigit R.
Branch Support Head Of Funding
Business • Arie W.
& Office Maria Sari D.
Anton Chandra
Andree Wibowo
Head Of
Head of SSD Corporate
Data Quality & Secretary &
Assurance Investor Relation
Irmat Maha Veronika D.P.
(S/A)
Head of SSD
Operation
Management
Miranti H.
Head SSD
Business
Requirement &
Development
Inge S.
• Yoppy Edyson T. • Surya Almada S.
• Adhika Baluh S. • Nanang Kurniawan
Head Of • Rudy S. • Iwan Chandra
Regional SSD • I Gusti Ngurah • Irfan Budianto
Agung B. • Handi
• Weldya Putra C. • Agus Hartanto
• Suwanto
68 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Corporate Governanace Dyah Sasanti
Krisna Wijaya
Committee Retnaning
Nomination & Manggi Taruna Eng Heng Nee
Daisuke Ejima Hafid Hadeli Tri Evita Aryani
Remuneration Committee Habir Philip
Board of Commissioners
Risk Monitoring Manggi Taruna
Krisna Wijaya Rio Erriad
Committee Habir
Manggi Taruna Restiana Ie Tjoe
Audit Committee Jusuf Sukiman
Habir Linggadjaya
Director- Director- Director-Human Director-
Collection & Information Capital & CREM Marketing
Legal Technology Swandajani Swandajani
Denny Riza F. Vacant Gunadi Gunadi
Head of Strategy Head Of Digital
Head Of IT
Transformation Business
Anis Radianis
Bohan Kesuma Manuel D.I
Head of
Head Of Credit Collection Head of Head Of IT Head Of Head Of Mkt
Head Of Digital Head Of Internal
Policy Dev & Biz Strategic, Transformation Business Corporate Strgy & Cust
Lending Audit
Incubation Analytic Mgt Office Partner University Experience
Gita Amanda W.B Haryadwi S.K.
Stephanus T.W. and Monitoring Angga Pratama Budi P. Dolly Arora Tania Endah B.
Henrick K.S.
Head Of Head Of
Head Of Digital
Head Of Credit Head Of Tele Business Head Of IT Head Of Brand Compliance &
Sales & Head Of HCGA
Fleet & SME Collection Process Development & Corp Comm AML
Marketplace Tri Evita
Wahyu Basuki Vacant Improvement Rachmat A. (S/A) Gandhy I. Unit
Wendi W.
Bien Costan Veronika D.P.
Head Of Loan Head Of Digital Head Of
Head Of Head Of IT
Recovery Product Head Of CREM Business
Regional Credit Operation
Operation Engineering Hanafi S. Analytics
Perry B. Slangor Ricky Mas. B
Vacant Iyan Waer Andreas B.T.
• Ivan A.
• Edwin Y.
• Heru S. Head Of Asset Head of Digital
Head Of IT
• Henry W. Recovery Acquisition &
Infrastructure
• Kuswondo Operation Ecosystem
Adithya H.
• Andhika S. Balebang D.I. Edwin K.
• Faizal
• Heru S.
• Komang N.K.W.
• Anggoro L.
• Dekky S. Head Of IT
Head Of Legal
Office
Ingrid S.
Teguh S. (S/A)
Head of Head Of IT
Regional Governance
Collection Teguh S.
• Ristua M.B.
• Irwan S.
• Hendarto N.
Head Of IT
• Alamsyah K.
Security
• Denny S.
Rachmat A.
• Tugino C.K.
• Djoko W.
• Eko C.
• Tengku Z.A.
• Binordi H.P.
• A. Agung G.S.P. Head Of IT
• Henry W.P. Architecture
• Ahmad R. Vacant
• Sofyan A.
Head Of IT Data
Ricky Mas. B
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 69
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To provide a variety of financial
solutions according to the needs
of each customer through synergy
with the ecosystem.
MISSION
VISION
Creating shared value to
improve prosperity.
Overview of Vision and Mission
[SEOJK C.1][GRI 2-6]
Adira Finance has conducted a study and review regarding the suitability
of the Company’s Vision and Mission to current conditions and the
business challenges that will be faced in the future. Based on the review
that has been carried out and attended by the Board of Directors, it can
be concluded that Adira Finance’s Vision and Mission are still in line with
current conditions and the challenges that the Company will face in the
future.
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Corporate Culture
and Values
..ADIRA TOP has become a consistent part of the personal
values of each employee at Adira Finance, as well as the culture
that drives the Company’s business activities...
ADVANCE ACCOUNTABLE
One step ahead and faster Informing matters based on
than other people in general factual data and being objective,
or competitors; Have a clear wise, and transparent.
and focused conception of the
future; and be capable of making
quick and proper decisions in all
circumstances.
DISCIPLINE TEAMWORK
Heading in a better direction Synergy; Willingness to sacrifice
through a process of planning, for one another and never passing
implementation, monitoring, and the blame to another person.
continuous improvement; A way
of thinking and behaving that
is as perfect as possible; and be
disciplined in accordance with
organizational norms.
INTEGRITY OBSESSED
Commitment along with a Working with an appropriate
consistent attitude; Trustworthy process and being driven by
(honest and sincere); Able to generating the optimal results;
maintain ethical business conduct; High motivation in the form of
Have a strong sense of belonging; willingness to walk the extra miles
and be a role model for other and demonstrating proactivity,
employees. skill sharpening, and taking care of
each other.
RELIABLE PROFESSIONAL
Having a winner mentality, as Consumer oriented; Reliable
reflected with positive thinking leadership skills, and possessing
and intelligent behavior, and a entrepreneurial abilities, capable
strong sense of responsibility in all of calculating risks and being both
matters. innovative and creative.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 71
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BUSINESS STRATEGY 2024
Adira Finance always pays attention to the dynamics of the financing industry and takes the
initiative to implement various strategic policies to continue to grow sustainably. The strategies
and policies implemented during 2024 are as follows:
• Adira Finance will continue to strengthen consumers. Thus, providing a better
its penetration in the automotive business customer experience to support the
through product diversification, offering growth of the Company’s financing.
various attractive sales programs for • Adira Finance accelerate digitalization
customers, strengthening good relations within the Company and its ecosystem
with dealers, and enhancing collaboration to improve business efficiency and
within the MUFG Group to support the effectiveness, as well as investing in digital
growth of the automotive ecosystem. businesses (Adiraku, Danadira, momobil.
• Adira Finance expands networks to non- id, momotor.id, moservice.id, and
automotive businesses by continuing dicicilaja.com).
to diversify the products offered to • Adira Finance will continue to manage
support business growth such as “Solusi its asset quality in order to keep the NPF
Dana” (multipurpose) financing, heavy ratio under control by applying prudent
equipment, and others. risk-management principles.
• Adira Finance focus to increase customer • Adira Finance secure sufficient liquidity to
retention by offering loyalty and referral fund business requirement and to meet
programs, as well as conducting cross- all financial obligations.
selling based on needs to existing
ADIRA FINANCE IN NUMBERS [SEOJK C.3]
HUMAN DEBT TOTAL
CAPITAL INCOME
2022: 17,301 people 2022: IDR10,513.3 billion 2022: IDR8,340.4 billion
2023: 17,243 people 2023: IDR16,057.1 billion 2023: IDR9,507.9 billion
2024: 17,098 people 2024: IDR17,875 billion 2024:IDR9,990 billion
EQUITY TOTAL ASSET TOTAL
LIABILITIES
2022: IDR10,032.4 billion 2022: IDR10,032.4 billion 2022:IDR22,885.7 billion
2023: IDR11,112.2 billion 2023: IDR11,112.2 billion 2023: IDR16,766.3 billion
2024: IDR11,556 billion 2024: IDR32,588 billion 2024: IDR21,032 billion
TOTAL BUSINESS NETWORKS
2022: 459
2023: 466
2024: 508
72 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
BRAND AND LOGO MEANING
Since 2015, PT Adira Dinamika Multi Finance Tbk has performance. Through its identity, Adira Finance
introduced the company logo and brand promise, wants to serve consumers in all aspects of their lives
namely “Sahabat Setia Selamanya.” This promise in order to build a long-term relationship or create a
is meaningful as the Company’s commitment to customer for life. Adira Finance wants its consumers
building good long-term cooperative relationships to feel the presence of Adira Finance as a Friend
with the entire ecosystem, both internal and who is able to provide financial solutions while also
external, such as employees, consumers, business synergizing with the concept of “Sahabat Adira.”
partners, and all stakeholders.
“Sahabat” in the Company’s philosophy has a very
The brand identity and promise are a manifestation deep meaning, namely the personality values that
of the company’s long-term business strategy, Adira Finance reflects to its customers: Flexible,
which is believed to be able to support sustainable Open, Innovative and Synergistic.
BRAND PERSONALITY
FLEXIBLE INNOVATIVE
Adira Finance does not make easy things difficult Adira Finance always provides appropriate and
and always provides convenience to its customers. creative solutions both in work and in providing
products and services to customers.
TRANSPARENT
Adira Finance is always open and transparent in SYNERGISTIC
providing information to its customers. Adira Finance always instills a spirit of collaboration
both internally and with customers and business
partners.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 73
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BOARD OF COMMISSIONERS’ PROFILE
Daisuke Ejima
President Commissioner
Nationality Japan
Age/Gender 56 years old/Male
Educational Background 1. Master of Business Administration – University of Michigan (1999)
2. Bachelor of Economy – University of Tokyo (1987)
Position History
Legal Basis of Appointment Appointed as President Commissioner of the Company based on the resolution of the Annual GMS on April
4, 2023, and served effectively on October 10, 2023. Reappointed as President Commissioner of the Company
based on the resolution of the Annual GMS dated March 27, 2024. Appointed as a member of the Nomination
and Remuneration Committee of the Company based on the Decision of the Board of Commissioners dated
February 7, 2024.
Work Experience 1. Member of the Company’s Nomination and Remuneration Committee (2024- present)
2. President Commissioner of the Company (2023-present)
3. President Director of PT Bank Danamon Indonesia Tbk (2023-present)
4. Regional Executive of MUFG Bank, Ltd, Singapore (2022-2023)
5. Vice Chairman, Non-Executive Director & Member of the Nomination Committee and Remuneration of
Bank of Ayudhya PCL (Krungsri), Thailand (2022-2023)
6. Executive Country Head of MUFG Bank, Ltd. (formerly The Bank of Tokyo Mitsubishi UFJ, Ltd.), Jakarta
(2018-2022)
7. Country Head of The Bank of Tokyo Mitsubishi UFJ, Ltd. Jakarta (2018-2018)
8. Deputy General Manager of The Bank of Tokyo Mitsubishi UFJ, Ltd. Singapore (2017-2018)
9. Manager of The Bank of Tokyo Mitsubishi UFJ, Ltd. Tokyo (2013-2017)
10. Managing Director of The Bank of Tokyo Mitsubishi UFJ, Ltd. Tokyo (2012-2013)
11. Director of The Bank of Tokyo Mitsubishi UFJ, Ltd. Tokyo (2009-2012)
12. Secondment of The Bank of Tokyo Mitsubishi UFJ, Ltd. New York (2004-2009)
13. Vice President of The Bank of Tokyo Mitsubishi UFJ, Ltd. New York ((2001-2004)
14. Manager of The Bank of Tokyo Mitsubishi UFJ, Ltd. Tokyo (1996-1999)
15. Head of Department of the Japanese Ministry of Finance (1994-1996)
16. Started Career at Bank of Tokyo-Mitsubishi, Ltd as Corporate Banking (1991-1994)
Concurrent Position Adira Finance
Member of Nomination and Remuneration Committee (2024-present)
Other Public Companies
President Director of PT Bank Danamon Indonesia Tbk (2023-present)
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification 1. Basic Financing Certification (Indonesian Financing Company Certification Institute)
2. Risk Management Level 5 (Risk Management Certification Body)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners and members of the Board of
Directors, however serves as President Director of PT Bank Danamon Indonesia Tbk, the controlling
shareholder of the Company.
Domicile Jakarta
Number of ADMF Share Ownership 0 Shares
Term of Office - October 10, 2023 until the closing of the Annual General Meeting of Shareholders for the 2023 financial year
(First Term)
- March 27, 2024 until the closing of the Annual General Meeting of Shareholders for the 2026 financial year
(Second Term)
74 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 77
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Krisna Wijaya
Independent Commissioner
Nationality Indonesia
Age/Gender 69 years old/Male
Educational Background 1. Inter-Field Studies Doctoral Program - Gadjah Mada University Graduate School (2009) (Graduated Cum
Laude)
2. Master of Management Study Program, Department of Agribusiness – Gadjah Mada University (MM UGM)
3. Bachelor of Agriculture Majoring in Agribusiness - Bogor Agricultural Institute (IPB)
Position History
Legal Basis of Appointment Appointed as Commissioner and Independent Commissioner of the Company for the first time at the Annual
GMS on May 18, 2016. His latest appointment as Independent Commissioner of the Company is based on
the resolution of the Annual GMS dated March 27, 2024.Appointed as Chairman of the Company’s Corporate
Governance Committee based on the Decree of the Board of Commissioners dated July 29, 2021, and
appointed as Chairman of the Company’s Risk Monitoring Committee based on the Decree of the Board of
Commissioners dated March 30, 2021.
Work Experience 1. President Commissioner/Independent Commissioner of PT Jaminan Kredit Indonesia (2022-present)
2. Chairman of Risk Monitoring Committee and Chairman of Corporate Governance Committee (2021-
present)
3. Independent Commissioner of the Company (2016- present)
4. Infobank Magazine Board of Experts (2020- present)
5. President Commissioner of PT Perusahaan Pengelola Aset (2020-2022)
6. President Commissioner/Independent Commissioner of PT Brilian Indah Gemilang (2019- present)
7. President Commissioner/Independent Commissioner, Member of Audit Committee and Chairman of Risk
Management Committee of PT Danareksa (2019)
8. Member of Sharia Supervisory Board of PT Chub Syariah Insurance (2008- present)
9. Independent Commissioner of PT Mahaka Radio Integra Tbk (2017-2019)
10. Independent Commissioner and Chairman of Audit Committee of PT Adira Finance (2016-2021)
11. Member of the Assessment Team for Clarification/Presentation of Fit and Proper Assessment of Banking,
Financial Services Authority (2016- present)
12. Director of Indonesian Banking Development Institute (2016-2022)
13. President Commissioner/Independent Commissioner, Member of Audit Committee and Chairman of Risk
Management Committee of PT BNI Life Insurance (2016-2018)
14. Member of the Board of Trustees of Adaro Membangun Negeri Foundation (2010-2022)
15. Independent Commissioner, Chairman of Risk Management Committee and Member of Audit Committee
of PT Bank Mandiri Tbk (2010-2015)
16. Member of Sharia Supervisory Board of PT Jaya Proteksi Takaful (2009-2016)
17. Commissioner, Member of Audit Committee and Risk Management Committee of PT Bank Danamon
Indonesia Tbk (2008-2010)
18. Member of Audit Committee of PT Mahaka Group (2006-2016)
19. Board of Commissioners/Chief Executive Officer of the Deposit Insurance Corporation (2005-2007)
20. Independent Commissioner of PT Bank Rakyat Indonesia (2005)
21. Assistance Team of the Minister of Finance of the Republic of Indonesia (2003)
22. Director of Micro and Small Enterprises of PT Bank Rakyat Indonesia (2003-2005)
23. Director of Operations of PT Bank Rakyat Indonesia (2000-2003)
24. Head of Education and Training Division of PT Bank Rakyat Indonesia (1996-2000)
25. Head of Semarang Branch of PT Bank Rakyat Indonesia (1994-1995)
26. Head of Surakarta Sudirman Branch of PT Bank Rakyat Indonesia (1992-1994)
27. Head of Commercial Business Regional Office BRI Surabaya PT Bank Rakyat Indonesia (1990-1991)
28. Senior Leasing Officer of PT Sanwa BRI Leasing (1983-1987)
Concurrent Position Adira Finance
Chairman of Risk Monitoring Committee (2021- present) and Chairman of Corporate Governance Committee
(2021- present)
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
1. President Commissioner/Independent Commissioner of PT Jaminan Kredit Indonesia (2022 - present)
2. President/Independent Commissioner of PT Brilian Indah Gemilang (2019 – present)
3. Member of the Sharia Supervisory Board of PT Chub Syariah Insurance (2008 - present)
4. Infobank Magazine Expert Council (2020 – present)
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification Basic Financing Certification (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - April 20, 2018 until the closing of the Annual GMS for the 2020 financial year (First Term)
- June 30, 2021 until the closing of the Annual GMS for the 2023 financial year (Second Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Third Term)
Statement of Independence of The Independent Commissioner of PT Adira Dinamika Multi Finance Tbk stated that the Independent
Independent Commissioners Commissioner has no affiliated relationship, either directly or indirectly, with controlling shareholders,
members of the Board of Directors, or other parties that could affect independence in carrying out their duties
and responsibilities. Independent Commissioners are committed to carrying out their supervisory and advisory
functions objectively and professionally and prioritizing the interests of the Company and stakeholders in
accordance with the principles of corporate governance.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 75
Page 78
Manggi Taruna Habir
Independent Commissioner
Nationality Indonesia
Age/Gender 71 years old/Male
Educational Background 1. Bachelor of Arts in Economics - McGrill University, Montreal, Canada (1977)
2. Master in Business Administration - University of Michigan, Michigan, USA (1979)
3. Master in Public Administration - Harvard University, Massachusetts, USA (2001)
Position History
Legal Basis of Appointment Appointed as Independent Commissioner of the Company for the first time based on the resolution of
the Annual GMS Resolution on June 30, 2021, and served effectively on August 31, 2021. Reappointed as
Independent Commissioner based on the resolution of the Annual GMS dated March 27, 2024. Appointed
as Chairman of the Company’s Audit Committee based on the Decree of the Board of Commissioners dated
September 16, 2021, as Chairman of the Company’s Nomination and Remuneration Committee based on
the Decree of the Board of Commissioners dated October 18, 2021, and as a member of the Risk Monitoring
Committee based on the Decree of the Board of Commissioners dated June 6, 2022.
Work Experience 1. Member of the Risk Monitoring Committee of the Company (2022 - present)
2. Independent Commissioner, Chairman of the Nomination and Remuneration Committee, Chairman of
Audit Committee of the Company (2021-present)
3. Independent Commissioner and Chairman of Audit Committee of PT ABM-Investama Tbk (2021 - present)
4. Independent Member of the Audit Committee and Risk Monitoring Committee of PT Bank Jago Tbk
(2021-present)
5. President Commissioner of PT Berdayakan Usaha Indonesia (2021 - present)
6. Visiting Fellow at the Institute of Southeast Asian Studies, Yusof Ishak Institute, Singapore (2020 - 2021)
7. Independent Member of the Risk Monitoring Committee of PT Bank Danamon Indonesia Tbk (May 2020 -
December 2020)
8. Independent Commissioner of PT Bank Danamon Indonesia Tbk (2005-2020)
9. President Commissioner of PT Asuransi Adira Dinamika (2009 - 2019)
10. Director of Financial Institution Ratings, Standard & Poor’s, Singapore (2002 - 2005)
11. President Director of PT Pemeringkat Efek Indonesia (1998 - 2001)
12. Executive Vice President of Research at PT Bahana Securities (1995 - 1998)
13. Managing Partner at HBKonsultan (1991 - 1995)
14. Vice President, Head of Financial Institution Unit of Citibank, Jakarta (1985-1990)
15. Far Eastern Economic Review Economic and Business Journalist (1982-1985)
16. Manager at, Citibank N.A (1981 - 1982)
17. Assistant Manager at, PT Multinational Finance Corporation (Multicor) (1979-1981)
Concurrent Position Adira Finance
Chairman of the Audit Committee (2021-present), Chairman of the Nomination and Remuneration Committee
(2021-present), Member of the Risk Monitoring Committee of the Company (2022-present)
Other Public Companies
1. Independent Commissioner and Chairman of the Audit Committee of PT ABM-Investama Tbk (2021 -
present)
2. Independent Member of the Audit Committee and Risk Monitoring Committee of PT Bank Jago Tbk (2021-
present)
Other Institutions
1. President Commissioner of PT Berdayakan Usaha Indonesia (2021 - present)
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification 1. Certification in Audit Committee Practices - Certification Board of Indonesian Institute of Audit
Committee
2. Basic Financing Certification, (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - August 31, 2021 until the closing of the Annual GMS for the 2023 financial year (First Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Second Term)
Statement of Independence of The Independent Commissioner of PT Adira Dinamika Multi Finance Tbk stated that the Independent
Independent Commissioners Commissioner has no affiliated relationship, either directly or indirectly, with major shareholders, members
of the Board of Directors, or other parties that could affect independence in carrying out their duties and
responsibilities. Independent Commissioners are committed to carrying out their supervisory and advisory
functions objectively and professionally and prioritizing the interests of the Company and stakeholders in
accordance with the principles of corporate governance.
76 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 79
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Eng Heng Nee Philip
Commissioner
Nationality Singapura
Age/Gender 78 years/Male
Educational Background 1. Accounting - Institute of Chartered Accountants, Australia (1971)
2. Accounting - University of New South Wales (1969)
Position History
Legal Basis of Appointment Appointed as Commissioner of the Company for the first time based on the resolution of the Annual GMS on
June 5, 2007. Last appointment as Commissioner of the Company based on the resolution of the Annual GMS
dated March 27, 2024. Appointed as a member of the Company’s Nomination and Remuneration Committee
based on the Decree of the Board of Commissioners dated August 11, 2015.
Work Experience 1. Director of Must Be Company Limited (2022- present)
2. Chairman of Frasers Hospitality International Pte. Ltd (2018-2024)
3. Chairman of ALPS Pte. Ltd (formerly known as Agency for Healthcare Supply Chain Pte. Ltd) (2018-2024)
4. Chairman of TSI Tech Pte. Ltd. (formerly known as Transmex Systems International Pte. Ltd.) (2017- present)
5. Commissioner of the Company (2016- present)
6. Member of the Nomination and Remuneration Committee of the Company (2015- present)
7. Director of Frasers Australand Pty. Ltd (2014-2022)
8. Director of Vanda I Investments Pte. Ltd (2014-2019)
9. Director Frasers Property Limited (formerly known as Frasers Centrepoint Limited) (2013-2022)
10. Director of Ezra Holdings Ltd. Singapore (2012-2019)
11. Director of KK Women’s and Children’s Hospital Pte. Ltd., Singapore (2012-2018)
12. Director Heliconia Capital Management Pte. Ltd (2011-2019)
13. Chairman of the Company’s Risk Management Committee (2011-2019)
14. Commissioner and Independent Commissioner of the Company (2011-2016)
15. Non Executive Director of Asia Pacifi c Breweries Ltd, Singapore (2011-2013)
16. Non Executive Director of Hup Soon Global Corp. Ltd., Singapore (2010-2013)
17. Director of Singapore Health Services Pte. Ltd., Singapore (2009-2018)
18. Director of The Hour Glass Ltd., Singapore (2009-2018)
19. Director of Hektar Asset Management Sdn. Bhd., Malaysia (2008-2023)
20. Independent Non Executive Director and Chairman of the Audit Committee of NTUC Income, Singapore
(2008-2017)
21. Non Executive Director of OpenNet Pte. Ltd., Singapore (2008-2013)
22. Member of the Company’s Audit Committee (2007-2016)
23. Commissioner of the Company (2007-2011)
24. Member of the Company’s Risk Management Committee (2007-2011)
25. Non Executive Director at Sunrise MCL Land Sdn (2007-2011)
26. Director at Frasers Centrepoint Asset Management Ltd. in Singapore (2006-2018)
27. Chairman of mDR Limited, Singapore (2005-2017)
28. Deputy Chairman of MCL Land Ltd. in Singapore (2005-2011)
29. Non-Executive Director of Chinese Development Assistance Council, Singapore (2004-2014)
30. Group Managing Director of Jardine Cycle & Carriage Ltd. in Singapore (1996-2005)
Concurrent Position Adira Finance
Member of Nomination and Remuneration Committee (2015- present)
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
1. Director Must Be Company Limited (2022-present)
2. Chairman of TSI Tech Pte. Ltd. (formerly known as Transmex Systems International Pte. Ltd.) (2017-present)
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification Basic Financing Certification (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Singapore
Number of ADMF Share Ownership 0 shares
Term of Office - June 5, 2007 until April 13, 2009 (First Term)
- April 13, 2009 until the closing of the Annual GMS for the 2011 financial year (Second Term)
- May 7, 2012 until the closing of the Annual GMS for the 2014 financial year (Third Term)
- May 21, 2015 until the closing of the Annual GMS for the 2017 financial year (Fourth Term)
- April 20, 2018 until the closing of the Annual GMS for the 2020 financial year (Fifth Term)
- June 30, 2021 until the closing of the Annual GMS for the 2023 financial year (Sixth Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Seventh Term)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 77
Page 80
Congsin Congcar
Commissioner
Nationality Thailand
Age/Gender 54 years old/Male
Educational Background 1. SASIN Executive Program (SEP25 Alumni) - SASIN Graduate Institute of Business Administration,
Chulalongkorn University (2011)
2. Bachelor of Accounting and Finance - University of Alberta, Canada (1991)
Position History
Legal Basis of Appointment Appointed as Commissioner for the first time based on the resolution of the Annual GMS Resolution on March
31, 2020, and served effectively on December 28, 2020. Reappointed as Commissioner of the Company based
on the resolution of the Annual GMS dated March 27, 2024.
Work Experience 1. Company Commissioner (2020-present)
2. Head of Krungsri Auto Group Bank of Ayudhya PCL (2022-present)
3. Executive Vice President at Krungsri Auto Group Bank of Ayudhya PCL (2021)
4. Head of Krungsri Auto Finance and Strategy Division at Krungsri Auto Group Bank of Ayudhya PCL (2017-
2021)
5. Executive Vice President, Head of Krungsri Auto Strategic Division at Krungsri Auto Group Bank of
Ayudhya PCL (2015-2016)
6. Acting Head of Krungsri Auto Finance and Accounting Division at Krungsri Auto Group Bank of Ayudhya
PCL (2015)
7. Head of Krungsri Auto Finance and Accounting Division at Krungsri Auto Group Bank of Ayudhya PCL
(2014-2015)
8. Director of Ayudhya Capital Services Co., Ltd. (2017- present)
9. Chief Financial Officer of Ayudhya Capital Auto Lease PCL (2008-2014)
10. Chief Financial Officer of GE Capital Auto Lease PLC. (2006-2007)
11. Senior Management Team at Siam Commercial Bank PCL (1996-2006)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
1. Head of Krungsri Auto Group Bank of Ayudhya PCL (2022-present)
2. Director of Ayudhya Capital Services Co., Ltd. (2017-present)
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification 1. Basic Financing Certification (Indonesian Financing Professional Certification Institute)
2. Executive Development Program (Cornell University)
3. Director Certification Program (Thai Institute of Directors Association)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Thailand
Number of ADMF Share Ownership 0 shares
Term of Office - December 28, 2020 until the closing of the Annual GMS for the 2023 financial year (First Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Second Term)
78 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 81
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Hafid Hadeli
Commissioner
Nationality Indonesia
Age/Gender 61 years old/Male
Educational Background Bachelor of Accounting - Trisakti University (1988)
Position History
Legal Basis of Appointment Appointed as Commissioner of the Company for the first time based on the resolution of the Extraordinary
GMS on October 3, 2022, and served effectively since December 19, 2002. Reappointed as Commissioner of the
Company based on the resolution of the Annual GMS dated March 27, 2024.
Work Experience 1. Member of Nomination and Remuneration Committee of the Company (2024- present)
2. Commissioner of the Company (2022-present)
3. Vice President Director of PT Bank Danamon Indonesia Tbk (2022-present)
4. President Director and Compliance Director of the Company (2017-2022)
5. Director of Corporate Financing Marketing (2012-2017)
6. Marketing Director of Company Car Financing (2010-2012)
7. Director of Finance and Corporate Secretary of the Company (2006-2010)
8. Director of PT Broadband Multimedia Tbk (2002-2005)
9. Deputy President Director at PT Bank Lippo Tbk (2001-2002)
10. Various senior positions at Citibank, N.A., Jakarta (1988-2001)
11. Auditor at Arthur Andersen & Co. (1985-1988)
Concurrent Position Adira Finance
Member of Nomination and Remuneration Committee (2024- present)
Other Public Companies
Vice President Director of PT Bank Danamon Indonesia Tbk (2022-present)
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification 1. Basic Certification of Commissioners (Indonesian Financing Professional Certification Institute)
2. Financing Expert Certification (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
however serves as Vice President Director of PT Bank Danamon Indonesia Tbk, a controlling shareholder of
the Company
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - December 19, 2022 until the closing of the Annual GMS of the financial year 2023 (First Term)
- March 27, 2024 until the closing of the Annual GMS of the financial year 2026 (Second Term)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 79
Page 82
AUDIT COMMITTEE PROFILE
Manggi Taruna Habir
Chairman of the Audit Committee
Profile The complete profile can be found in the discussion on the Profile of the Board of Commissioners
Position History
Legal Basis of Appointment Appointed as Chairman of the Company’s Audit Committee based on the Decree of the Board of
Commissioners dated September 16, 2021.
Term of Office - September 16, 2021 until the closing of the Annual GMS of the financial year 2023 (First Term)
- April 2, 2024 until the closing of the Annual GMS of the financial year 2026 (Second Term)
80 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 83
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Jusuf Sukiman
Member of the Audit Committee
Nationality Indonesia
Age/Gender 62 years old/Male
Educational Background 1. Executive MBA Program-Asian Institute of Management (2014)
2. Master of Information Systems-Gunadarma University (1998)
3. Bachelor of Accounting-Trisakti University (1987)
Position History
Legal Basis of Appointment Appointed as Member of the Audit Committee based on the Decree of the Company’s Board of
Commissioners on September 16, 2021.
Work Experience 1. Member of Audit Committee of the Company (2021 - present)
2. Chief Internal Auditor of PT Bank Mega Tbk (2006-2020)
3. Vice President Internal Auditor of CT Corporation (2005-2006)
4. Head of Regional Audit Division of PT Bank Danamon Indonesia Tbk (1988-2005)
5. Senior Auditor of PT United City Bank (1986-1988)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Training Certification in Audit Committee Practices - Indonesian Institute of Audit Committee
Competency 2024
Certification Certification in Audit Committee Practices - Certification Board of Indonesian Institute of Audit Committee
(2024-2027)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - September 16, 2021 until the closing of the Annual GMS for the 2023 financial year (First Term)
- April 2, 2024 until the closing of the Annual GMS for the 2026 financial year (Second Term)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 81
Page 84
Restiana Ie Tjoe Linggadjaya
Member of the Audit Committee
Nationality Indonesia
Age/Gender 58 years old/Female
Educational Background 1. Doctor of Management, Corporate Finance concentration - Pelita Harapan University (2025)
2. Master in Management (MM) - Asian Institute of Management, Philippines (2000) (Full Scholarship)
3. Bachelor of Economics - Trisakti University, Indonesia (1989)
Position History
Legal Basis of Appointment Appointed as Member of the Audit Committee based on the Decree of the Company’s Board of
Commissioners on July 1, 2022.
Work Experience 1. Independent Commissioner, Chairman of Risk Monitoring Committee and Member of Audit Committee of
PT Sompo Insurance Indonesia (2024- present)
2. Member of Audit Committee of PT Professional Telekomunikasi Indonesia (2024- present)
3. Lecturer at the Faculty of Economics and Business Universitas Pelita Harapan (2024- present)
4. 4. Member of Audit Committee of the Company (2022-present)
5. Chief Audit Executive Indonesia Exim Bank (Indonesia Export Financing Agency)
6. Chief Compliance Risk Audit Officer PT Smartfren Telecom Tbk (2018-2020)
7. Chief Operating Officer PT Maybank Indonesia Tbk (2017-2018)
8. Chief Audit Executive & SEVP PT Bank CIMB Niaga, Indonesia Tbk (2010-2017)
9. Chief Internal Auditor & SEVP PT Bank Danamon Indonesia Tbk (2004-2010)
10. Finance & Accounting Director PT Asuransi Allianz Life Indonesia (2002-2004)
11. Vice President - Internal Audit ABN AMRO Bank N.V. Indonesia (2000-2002)
12. Vice President - Treasury, Cash Management & Custody, PT ING Barings Indonesia (1996-1998)
13. Manager Citibank N.A, Indonesia (1990-1996)
14. Finance Supervisor PT. Cipta Piranti Tehnik (Astra Components Group) (1989-1990)
Concurrent Position Adira Finance
Does not hold concurrent positions in Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
1. Independent Commissioner of PT Sompo Insurance Indonesia (2024-current)
2. Member of Audit Committee of PT Professional Telekomunikasi Indonesia (2024-current)
3. Lecturer at the Faculty of Economics and Business, Universitas Pelita Harapan (2024-current)
4. Board of Trustees of the Internal Audit Education Foundation (2022-2027)
Education or Training to Improve 1. National Seminar on Internal Audit (SNIA) 2024 with the theme of Cultural Transformation: Integrating
Competency 2024 ESG, Cybersecurity, and Innovative Risk Management - Internal Audit Education Foundation
2. Audit Committee Practice Certification Training - Indonesian Audit Committee Association
3. Audit Committee Practice Certification Training Batch XLVII - Indonesian Audit Committee Association
4. ACIIA Regional Conference 2024 with the theme Purposeful Impact - Indonesian Institute of Internal
Auditors
5. Workshop for Policy Makers with the theme Decarbonizing Southeast Asia: The Policy-Tech Interplay-
Institute for Environment and Sustainability, Lee Kuan Yew School of Public Policy, National University of
Singapore
Certification 1. Certification in Audit Committee Practices (CACP), Ikatan Komite Audit Indonesia (2024-2027).
2. Banking Risk Management Level 7 (2024-2027)
3. Certified Internal Auditor (CIA), The Institute of Internal Auditors (2006-2025)
4. Certified Risk Management Assurance (CRMA), The Institute of Internal Auditors (2013-2025)
5. Qualified Internal Auditor (QIA), Yayasan Pendidikan Internal Audit (2022-2025) - Indonesia Internal Audit
Practitioner (IIAP), The Institute of Internal Auditors (2022-2025)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - July 1, 2022 until the closing of the Annual GMS for the 2023 financial year (First Term)
- April 2, 2024 until the closing of the Annual GMS for the 2026 financial year (Second Term)
82 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 85
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
RISK MONITORING COMMITTEE
PROFILE
Krisna Wijaya
Chairman of the Risk Monitoring Committee
Profile The complete profile can be found in the discussion on the Profile of the Board of Commissioners
Position History
Legal Basis of Appointment Appointed as Chairman of the Company’s Risk Monitoring Committee based on the Decree of the Board of
Commissioners dated March 30, 2021
Term of Office - March 30, 2021 until the closing of the Annual GMS for the 2023 financial year (First Term)
- April 2, 2024 until the closing of the Annual GMS for the 2026 financial year (Second Term)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 83
Page 86
Manggi Taruna Habir
Member of the Risk Monitoring Committee
Profile The complete profile can be found in the discussion on the Profile of the Board of Commissioners
Position History
Legal Basis of Appointment Appointed as Member of the Company’s Risk Monitoring Committee based on the Decree of the Board of
Commissioners dated June 6, 2021
Term of Office - June 6, 2021 until the closing of the Annual GMS for the 2023 financial year (First Term)
- April 2, 2024 until the closing of the Annual GMS for the 2026 financial year6 (Second Term)
84 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 87
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Rio Erriad
Member of the Risk Monitoring Committee
Nationality Indonesia
Age/Gender 58 years old/Gender
Educational Background 1. Advanced Leadership Management-INSEAD Business School, Singapore (2010)
2. Master of Business Administration-Queensland University of Technology, Australia (1994)
Position History
Legal Basis of Appointment Appointed as Member of the Company’s Risk Monitoring Committee based on the Decree of the Company’s
Board of Commissioners on March 30, 2021.
Work Experience 1. Member of Risk Monitoring Committee PT Mandala Multifinance Tbk (2025-current)
2. Risk Management Consultant Colliers International Indonesia (2023- present)
3. Risk Management Senior Consultant ORP2b Singapore (2023- present)
4. Credit Risk Advisor PT Bank Aceh Syariah (2022-2023)
5. Risk Management Advisor PT Bank Pembangunan Daerah Banten Tbk (2022)
6. Advisor GDOC Law Firm (2021- present)
7. Member of the Company Risk Monitoring Committee (2021-present)
8. Credit Risk Head, Executive Vice President PT Bank Danamon Indonesia Tbk (2012-2021)
9. Senior Vice President of PT Bank Danamon Indonesia Tbk (2009-2012)
10. Vice President of PT Bank Danamon Indonesia Tbk. (2006-2009)
11. Member of various Key Projects and Committees of PT Bank Danamon Indonesia Tbk (2006-2020)
12. Vice President of PT Bank ICB Bumiputera Tbk (2005-2006)
13. Country Head of Dow Jones Telerate Pte Ltd, Singapore (2003-2005)
14. Assistant Vice President of RMG Lippobank (2000-2003)
15. Assistant Vice President of Bank PDFCI (1998-2000)
16. Senior Manager at PDFCI Bank (1996-1998)
17. Assistant Manager at ABN Amro Bank N.V (1994-1996)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Member of Risk Monitoring Committee PT Mandala Multifinance Tbk (2025- present)
Other Institutions
1. Risk Management Consultant Colliers International Indonesia (2023- present)
2. Risk Management Senior Consultant ORP2b Singapore (2023-current)
3. Advisor GDOC Law Firm (2021- present)
Education or Training to Improve 1. Trainer of Credit Analysis and Financial Reporting for Mortgage Risk Team of Bank Danamon
Competency 2024 2. Trainer of Intermediate Credit Boothcamp for SME Risk Bank Danamon
3. Trainer of Mobile Collateral Settlement and Execution for Bank BTN Recovery Team
Certification 1. GRC Professional (Open Compliance & Ethics Group)
2. Islamic Finance Qualification (The Chartered Institute for Securities Investment)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - March 30, 2021 until the closing of the Annual GMS of the financial year 2023 (First Term)
- April 2, 2024 until the closing of the Annual GMS of the financial year 2026 (Second Term)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 85
Page 88
NOMINATION AND REMUNERATION
COMMITTEE PROFILE
Manggi Taruna Habir
Chairman of the Nomination and Remuneration
Committee
Profile The complete profile can be found in the discussion on the Profile of the Board of Commissioners
Position History
Legal Basis of Appointment Appointed as Chairman of the Company’s Nomination and Remuneration Committee based on the Decree
of the Board of Commissioners dated October 18, 2021 and reappointed to the same position based on the
Resolution of the Board of Commissioners dated February 7, 2024.
Term of Office October 18, 2021-present
Daisuke Ejima
Member of the Nomination and Remuneration
Committee
Profile The complete profile can be found in the discussion on the Profile of the Board of Commissioners
Position History
Legal Basis of Appointment Appointed as Member of the Company’s Nomination and Remuneration Committee based on the Decree of
the Board of Commissioners dated February 7, 2024
Term of Office February 7, 2024-present
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Eng Heng Nee Philip
Member of the Nomination and Remuneration
Committee
Profile The complete profile can be found in the discussion on the Profile of the Board of Commissioners
Position History
Legal Basis of Appointment Appointed as Member of the Company’s Nomination and Remuneration Committee based on the Decree of
the Board of Commissioners dated August 11, 2015 and lastly reappointed for the same position based on the
Resolution of the Board of Commissioners dated February 7, 2024.
Term of Office August 11, 2015-present
Hafid Hadeli
Member of the Nomination and Remuneration
Committee
Profile The complete profile can be found in the discussion on the Profile of the Board of Commissioners
Position History
Legal Basis of Appointment Appointed as Member of the Company’s Nomination and Remuneration Committee based on the Decree of
the Board of Commissioners dated February 7, 2024
Term of Office February 7, 2024-present
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 87
Page 90
Tri Evita Aryani
Member of the Nomination and
Remuneration Committee
Nationality Indonesia
Age/Gender 54 years old/Female
Educational Background Bachelor of Management-University of Indonesia (1994)
Position History
Legal Basis of Appointment Appointed as Member of the Company’s Nomination and Remuneration Committee based on the Decree
of the Board of Commissioners dated March 30, 2021 and reappointed to the same position based on the
Resolution of the board of Commissioners dated February 7, 2024.
Work Experience 1. Member of the Company’s Nomination and Remuneration Committee (2021-present)
2. Head of Human Capital & General Affairs of the Company (2010-present)
3. Director of Group Human Resource Division of Gunung Steel GROUP (2009-2010)
4. Director of Group Human Resource Division of PT Tunas Ridean Tbk (TUNAS GROUP) (2005-2009)
5. General Manager of Human Resources of PT Heinz ABC Indonesia (2003-2005)
6. Compensation, Benefits & Recruitment Manager of PT Mattel Indonesia (2002-2003)
7. Consultant at William M. Mencer (1998-2000)
8. Consulting Analyst Corporate Resources Group (1994-1998)
Concurrent Position Adira Finance
Head of Human Capital & General Affairs (2010-present)
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve
Competency 2024
Certification Basic Financing Certification - Managerial (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office March 30, 2021-present
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
CORPORATE GOVERNANCE
COMMITTEE PROFILE
Krisna Wijaya
Chairman of the Corporate
Governance Committee
Profile The complete profile can be found in the discussion on the Profile of the Board of Commissioners
Position History
Legal Basis of Appointment Appointed as Chairman of the Corporate Governance Committee based on the Decree of the Board of
Commissioners dated July 29, 2021
Term of Office July 29, 2021-present
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 89
Page 92
Diyah Sasanti
Member of the Corporate
Governance Committee
Nationality Indonesia
Age/Gender 58 years old/Female
Educational Background 1. Master of Notary - Padjadjaran University, Bandung (2009)
2. Master of Business Law - Padjadjaran University Bandung (2006)
3. Master of Business Administration - Newport University, California (1998)
4. Bachelor of Laws - Jember University (1989)
Position History
Legal Basis of Appointment Appointed as Member of the Corporate Governance Committee based on the Decree of the Board of
Commissioners on July 29, 2021
Work Experience 1. Commissioner of PT Indesso Promatama (2021-present)
2. Member of the Corporate Governance Committee (2015-present)
3. Vice President for Women and Children Affairs of the Indonesian Advocates Congress (2014-present)
4. Commissioner of PT DISA (2011-present)
5. Member of the Company’s Audit Committee (2011-2016)
6. Legal Counsel at Agritrade International Pte Ltd (2010-2020)
7. Advisor at WSJ International SDN BHD (2010-2017)
8. Advisor at PT Total Sinergy International (2010-2020)
9. Member of the Company’s Audit and Risk Management Committee (2008-2011)
10. Director of PT Darmex Agro (2008-2010)
11. Advisor at PT Pembangunan Perumahan (2007-2008)
12. Advisor at PT Lippo E-Net Tbk (2006-2007)
13. Corporate Secretary of PT Lippo E-Net Tbk (formerly PT Lippo Life Tbk) (2000-2006)
14. Director of PT Asuransi AIG Lippo (1998-1999)
15. Corporate Secretary and Head of Legal Division of PT Lippo Life Tbk (1997-1998)
16. Head of Legal Division of PT Lippo Life Tbk (1994-1996)
17. Corporate Secretary Staff of PT Bank Lippo Tbk (1991-1994)
18. Internal Audit of PT Bank Lippo Tbk (1990-1991)
19. Account Officer of PT Bank Lippo Tbk (1989-1990)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
1. Vice President for Women and Children Affairs of the Indonesian Advocates Congress (2014-present)
2. Commissioner of PT Indesso Promatama (2021-present)
3. Commissioner of PT DISA (2011-present)
Education or Training to Improve 1. Resource person for Legal Due Diligence Continuing Education - West Java Regional Leadership Council
Competency 2024 and Indonesian Advocates Congress
2. Talkshow Speaker Together Against Violence - Women’s Advocacy-Congress of Advocates Indonesia
Certification 1. Certificate Indonesian Lawyer
2. Certified Legal Auditor
3. Certified Liquidator Indonesia
4. Certified Risk Associate
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Bogor
Number of ADMF Share Ownership 0 shares
Term of Office July 29, 2021-present
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
BOARD OF DIRECTORS’ PROFILE
I Dewa Made Susila
President Director
Nationality Indonesia
Age/Gender 54 years old/Male
Educational Background 1. Chartered Financial Analyst (CFA)-Association Investment Management and Research (2003)
2. Faculty of Economics, Master of Management-PPM College of Management (1998)
3. Bachelor of Agribusiness-Bogor Agricultural Institute (1993)
Position History
Legal Basis of Appointment Appointed as President Director for the first time based on the resolution of the Annual GMS on March 30,
2022, and served effectively on July 1, 2022. Reappointed as President Director based on the resolution of the
Annual GMS dated March 27, 2024.
Work Experience 1. Commissioner of PT Home Credit Indonesia (2023-present)
2. President Director of the Company (2022-present)
3. Executive Board of the Indonesian Finance Company Association (2022-2027)
4. Director of Business Strategy & Transformation of the Company (2017-2022)
5. Compliance Director and Corporate Secretary of the Company (2011-2017)
6. Finance Director of the Company (2010-2022)
7. Head of Investor Relations & Subsidiary Support Division of PT Bank Danamon Indonesia Tbk (2004-2010)
8. Deputy Head of Corporate Affairs Division of PT Bank Danamon Indonesia Tbk (2001-2003)
9. Senior Investment Officer at the Asset Management Investment Unit of the National Banking
Restructuring Agency (IBRA) (1999-2001)
10. Manager of Financial Institution Rating Division & Various Senior Positions of PT Pemeringkat Efek
Indonesia (1995-1999)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
Commissioner of PT Home Credit Indonesia (2023-present)
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification Financing Expert Certification (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - July 1, 2022 until the closing of the Annual GMS for the 2023 financial year (First Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Second Term)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 91
Page 94
Swandajani Gunadi
Director
Nationality Indonesia
Age/Gender 52 years old/Female
Educational Background Bachelor of Agronomy-Bogor Agricultural Institute (1995)
Position History
Legal Basis of Appointment Appointed as Director for the first time based on the resolution of the Annual GMS on May 17, 2013. Latest
appointment as Director of the Company based on the resolution of the Annual GMS dated March 27, 2024.
Work Experience 1. Director of Human Resources, CREM and Marketing of the Company (2017-present)
2. Director of Human Resources of the Company (2013-2017)
3. Deputy Director of Human Resources and General Affairs of the Company (2010-2013)
4. Head of Human Resources and General Affairs Division (2003-2010)
5. Head of Remuneration and Human Resources Development Department of the Company (2002-2003)
6. Remuneration Senior Analyst PT Sumalindo Lestari Jaya Tbk (Group of PT Astra International Tbk) (2000-
2002)
7. HR Corporate Manager Orang Tua Group (2000)
8. Remuneration Senior Analyst PT Astra International Tbk-Automotive Division (1997-2000)
9. Personal Administration Section Head PT Astra International Tbk- Automotive Division (1996-1997)
10. People Development & Management Officer PT Astra International Tbk- Automotive Division (1996)
11. Management Trainee PT Astra International Tbk- Automotive Division (1995-1996)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification Financing Expert Certification (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - March 13, 2013 until the closing of the Annual GMS for the 2014 financial year (First Term)
- May 21, 2015 until the closing of the Annual GMS for the 2017 financial year (Second Term)
- April 20, 2018 until the closing of the Annual GMS for the 2020 financial year (Third Term)
- June 30, 2021 until the closing of the Annual GMS for the 2023 financial year (Fourth Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Fifth Term)
92 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Niko Kurniawan Bonggowarsito
Director
Nationality Indonesia
Age/Gender 53 years old/Male
Educational Background Bachelor of Business/Management-Indonesian Business Institute (1994)
Position History
Legal Basis of Appointment Appointed as Director for the first time based on the resolution of the Annual GMS on April 20, 2018, and
served effectively on June 5, 2018. Latest appointment as Director of the Company based on the resolution of
the Annual GMS dated March 27, 2024.
Work Experience 1. President Commissioner of PT Mandala Multifinance Tbk (2024-present)
2. Director of Finance of the Company (2022-2024)
3. Director of Sales, Service & Distribution of the Company (2018-present)
4. Deputy Director of Sales, Service & Distribution of the Company (2017-2018)
5. Deputy Director of Retail Car Financing of the Company (2010-2017)
6. Head of Retail Car Financing of the Company (2008-2010)
7. Regional Head of East Java of the Company (2004-2005)
8. Head of Suzuki & Used Motorcycle Financingof the Company (2003-2008)
9. President Director at PT Mandiri Pakar Sakti (2001-2002)
10. Sales Manager at PT Sinar Galesong Pratama (1996-2001)
11. Area Supervisor for Eastern Indonesia at PT Indomobil Suzuki International (1993-1996)
12. Product Officer at PT Bank Umum Nasional (1992-1993)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
President Commissioner of PT Mandala Multifinance Tbk (2024-present)
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification 1. Financing Expert Certification (Indonesian Financing Professional Certification Institute)
2. US Certified Marketing Manager (CMM) (American Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - June 5, 2018 until the closing of the Annual GMS for the 2020 financial year (First Term)
- June 30, 2021 until the closing of the Annual GMS for the 2023 financial year (Second Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Third Term)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 93
Page 96
Harry Latif
Director
Nationality Indonesia
Age/Gender 53 years old/Male
Educational Background Bachelor of Economics - Atma Jaya University (1995)
Position History
Legal Basis of Appointment Appointed as Director of the Company for the firs time based on the resolution of the Annual GMS on March
31, 2020, and served effectively on August 25, 2020. Latest appointment as Directors of the Company based on
the resolution of the Annual GMS dated March 27, 2024.
Work Experience 1. Director of Business & Portfolio of the Company (2020-present)
2. Deputy Director 2 W/4 W Sales Financing and Portfolio Sales of the Company (2015-2020)
3. President Director of Honda Car Dealer, PT Istana Mitra Sendani (2012-2015)
4. Deputy Director of PT Kirana Megatara Tbk (2011-2012)
5. General Manager of the Honda Motorcycle Division & Area Sales Manager of the Company’s Honda
Motorcycle Division (2006-2011)
6. General Manager Sales & Marketing of PT Viar Motor Indonesia (Atpm Viar) and PT Kencana Laju Mandiri
(Viar retail dealer) (2005-2006)
7. Part Sales Manager, Area Sales Supervisor and Marketing Research Supervisor of PT Astra Honda Motor
(1996-2005)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification Financing Expert Certification, PT Indonesian Financing Professional Certification
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - August 25, 2020 until the closing of the Annual GMS for the 2020 financial year (First Term)
- June 30, 2021 until the closing of the Annual GMS for the 2023 financial year (Second Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Third Term)
94 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Denny Riza Farib
Director
Nationality Indonesia
Age/Gender 52 years old/Male
Educational Background Bachelor of Mathematics – Padjadjaran University (1996)
Position History
Legal Basis of Appointment Appointed as Director for the first time based on the resolution of the Annual GMS on April 4, 2023, and
served effectively since October 10, 2023. Reappointed as Director of the Company based on the resolution
of the Annual GMS dated March 27, 2024.
Work Experience 1. Director of Collection & Legal of the Company (2024-present)
2. Director of Credit, Collection & Legal of the Company (2023-2024)
3. Head of Credit, Collection & Legal of the Company (2022-2023)
4. Head of Credit & Collection of the Company (2017-2022)
5. Head of Credit Retail of the Company (2013-2017)
6. Head of Credit 2W Division of the Company (2011-2013)
7. Head of Credit Deputy Division of the Company (2009-2011)
8. Head of Credit Operations MCY Department of the Company (2006-2009)
9. Head of Fleet Commercial Finance Account Management at PT Astra Sedaya Finance (2005-2006)
10. Head of Fleet Account Quality at PT Astra Sedaya Finance (2000-2005)
11. Head of Account Acquisition at PT Astra Sedaya Finance (1998-2000)
12. Management Trainee at PT Astra Sedaya Finance (1996-1998)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training
Competency 2024 section of this Annual Report.
Certification Financing Expert Certification (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of
Directors, and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - October 10, 2023 until the closing of the Annual GMS for the 2023 financial year (First Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Second Term)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 95
Page 98
Sigit Hendra Gunawan
Director
Nationality Indonesia
Age/Gender 56 years old/Male
Educational Background Bachelor of Industrial Engineering-Trisakti University (1993)
Position History
Legal Basis of Appointment Appointed as Director of the Company based on the resolution of the Annual GMS dated March 27, 2024 and
served effectively since July 3, 2024.
Work Experience 1. Director of Risk Management of the Company (2024-present)
2. Deputy Director-Chief of Risk of the Company (2023-2024)
3. Director of PT BFI Finance Tbk (2015-2023)
4. Deputy Director Head of Credit & Collection of the Company (2011-2015)
5. Credit Division Head of the Company (2006-2011)
6. Deputy Credit Division Head of the Company (2005 – 2006)
7. Collection Department Head & Credit Fleet Department Head of Astra Credit Companies (2004 – 2005)
8. Collection Department Head at Astra Credit Companies (2002-2004)
9. Management Trainee up to Section Head Credit Analyst Commercial & HE at Astra Credit Companies
(1993-2002)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification Financing Expert Certification (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile South Tangerang
Number of ADMF Share Ownership 0 shares
Term of Office July 3, 2024 until the closing of the Annual GMS for the 2026 financial year.
96 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Sylvanus Gani Kukuh Mendrofa
Director
Nationality Indonesia
Age/Gender 48 years old/Male
Educational Background 1. Master of Management - Australian National University (2015)
2. Bachelor of Economics in Accounting - University of Indonesia (1998)
Position History
Legal Basis of Appointment Appointed as Director of the Company based on the resolution of the Annual GMS dated March 27, 2024 and
served effectively since July 3, 2024.
Work Experience 1. Director of Finance of the Company (2024-present)
2. Deputy Director, Chief Financial Officer of the Company (2022-2024)
3. Deputy Director Head of Corporate Planning & Procurement of the Company (2017-2022)
4. Deputy Director Head of Strategy Transformationof the Company (2017-2022)
5. Deputy Director, Head of Financial Planning & Projects of the Company (2015-2017)
6. General Manager Head of Financial Planning & Projects of the Company (2013)
7. General Manager Financial Planning & Project Division Head of the Company (2011-2013)
8. General Manager Budget Division Head of the Company (2007-2011)
9. Vice President Network Finance of PT Natrindo Telephone Selular (2005-2007)
10. Senior Vice President (General Manager) Finance of PT First Media Tbk (2003-2005)
11. Manager Financial Planning & Analysis of PT First Media Tbk (2001-2002)
12. Assistant Manager Financial Planning Analysis of PT First Media Tbk (2000)
13. Associate Consultant at PT Pricewaterhouse Financial Advisory Services (PwC FAS) (1998-2000)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification Financing Expert Certification (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office July 3, 2024 until the closing of the Annual GMS for 2026 financial year.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 97
Page 100
Takanori Mizuno
Director
Nationality Japan
Age/Gender 48 Years old/Male
Educational Background Bachelor of Laws-Kyoto University (2000)
Position History
Legal Basis of Appointment Appointed as Director of the Company based on the resolution of the Annual GMS dated March 27, 2024 and
served effectively since July 3, 2024.
Work Experience 1. Commissioner of PT Mandala Multifinance Tbk (2024-present)
2. Director of Business Alliance Strategy of PT Adira Dinamika Multi Finance Tbk (2024-present)
3. Managing Director MUFG Bank, Ltd - MUFG Global Commercial Banking Planning Division (2018-2024)
4. Director MUFG Bank, Ltd - MUFG Corporate Banking Division 3 Osaka (2015-2018)
5. Vice President MUFG Bank, Ltd - Jakarta Branch (2011-2014)
6. Vice President MUFG Bank, Ltd - MUFG Corporate Banking Division 6 (2006-2011)
7. Associate MUFG Bank, Ltd - Higashi-Osaka Branch (2002-2006
8. Associate MUFG Bank, Ltd - Kyoto Branch (2000-2002)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Commissioner of PT Mandala Multifinance Tbk (2024-present)
Other Institutions
Does not hold concurrent positions in other companies
Education or Training to Improve Education and training in 2024 are presented separately in the Management Education and Training section
Competency 2024 of this Annual Report.
Certification Financing Expert Certification (Indonesian Financing Professional Certification Institute)
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office July 3, 2024 until the closing of the Annual GMS for the 2026 financial year.
98 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
PROFIL DEWAN
PENGAWAS SYARIAH
Prof. Dr. H. Fathurrahman Djamil, MA
Chairman of the Sharia Supervisory Board
Nationality Indonesia
Age/Gender 64 years old/Male
Educational Background 1. Doctorate in Islamic Legal Theory-UIN Syarif Hidayatullah, Jakarta (1994)
2. Master in Sharia-UIN Syarif Hidayatullah, Jakarta (1987)
3. Bachelor in Sharia-UIN Syarif Hidayatullah, Jakarta (1982)
Position History
Legal Basis of Appointment Appointed as Chairman of the Company’s Sharia Supervisory Board for the first time based on the resolution
of the Extraordinary GMS on September4, 2012. Latest appointment as Chairman of the Company’s Sharia
Supervisory Board is based on the resolution of the Annual GMS dated March 27, 2024.
Work Experience 1. Deputy Chairman of the Daily Executive Board (BPH) of the National Sharia Council – Indonesian Ulema
Council (DSN-MUI) period (2015-2020)
2. Chairman of the Sharia Supervisory Board of the Company (2012-present)
3. Chairman of the Sharia Supervisory Board BCA Syariah (2010-present)
4. Chairman of the Sharia Supervisory Board of PT Sun Life Financial Indonesia (2010-present)
5. Chairman of the Sharia Supervisory Board of PT AIA Financial Syariah (2009-present)
6. Member of the Sharia Supervisory Board of PT Bank CIMB Niaga Tbk (2008-present)
7. Professor at Syarif Hidayatullah State Islamic University Jakarta (1999-present)
8. Lecturer at Muhammadiyah University Jakarta (1985-present)
9. Lecturer at Syarif Hidayatullah State Islamic University Jakarta (1982-present)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Member of the Sharia Supervisory Board of PT Bank CIMB Niaga Tbk (2008-present)
Other Institutions
1. Chairman of the Sharia Supervisory Board BCA Syariah (2010-present)
2. Chairman of the Sharia Supervisory Board of PT Sun Life Financial Indonesia (2010-present)
3. Chairman of the Sharia Supervisory Board of PT AIA Financial Syariah (2009-present)
4. Professor at Syarif Hidayatullah State Islamic University Jakarta (1999-present)
5. Lecturer at Muhammadiyah University Jakarta (1985-present)
6. Lecturer at Syarif Hidayatullah State Islamic University, Jakarta (1982-present)
Education or Training to Improve 1. Workshop on Pre Ijtima’ Sanawi (AnnualMeeting) DPS in 2024 - DSN-MUI
Competency 2024 2. Deepening of SNI ISO 37001: 2016 (ISO SMAP) - Deloitte
Certification Licensed as a Capital Market Sharia Expert through Decree of the Board of Commissioners of the Financial
Services Authority No.KEP-10/PM.223/PJ-ASPM/2021
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - September 4, 2012 until the closing of the Annual GMS for the 2014 financial year (First Term)
- May 21, 2015 until the closing of the Annual GMS for the 2017 financial year (Second Term)
- April 20, 2018 until the closing of the Annual GMS for the 2020 financial year (Third Term)
- June 30, 2021 until the closing of the Annual GMS for the 2023 financial year (Fourth Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Fifth Term).
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 99
Page 102
Prof. Dr. KH. Noor Achmad, MA
Member of the Sharia Supervisory Board
Nationality Indonesia
Age/Gender 67 years old/Male
Educational Background 1. Professor in the Field of Islamic Law – Wahid Hasyim University, Semarang
2. Doctorate in Philosophical Aqidah – Sunan Kalijaga State Islamic University, Yogyakarta (2006)
3. Master of Religion – Sunan Kalijaga State Islamic Institute, Yogyakarta (1998)
4. Bachelor of Sharia – Walisongo State Islamic Institute, Semarang (1989)
Position History
Legal Basis of Appointment Appointed as Member of the Company’s Sharia Supervisory Board for the first time based on the resolution of the
Extraordinary GMS on September 4, 2012. Latest appointment as member of Sharia Supervisory Board of the Company
based on the resolution of the Annual GMS dated March 27, 2024.
Work Experience 1. General Chairman of the Nadzir Bondo Foundation, Semarang Grand Mosque (2015 - present)
2. General Secretary of the Advisory Council of the Central Indonesian Ulema Council (2015-present)
3. Member of the Daily Executive Supervisory Body (BPH) for Capital Markets, National Sharia Council - Indonesian
Ulema Council (DSN-MUI) (2015-2020)
4. Chairman of the Central Java Qur’an Tilawatil Development Institute (2015-2023)
5. General Chairperson of the Central Java Grand Mosque Management Board (2014-present)
6. Member of the House of Representatives of the Republic of Indonesia Commission X (2014-2019)
7. Member of the Sharia Supervisory Board of the Company (2012-present)
8. General Chairman of the Wahid Hasyim Foundation Semarang (2010-present)
9. Lecturer in Postgraduate and Doctoral Programs at Wahid Hasyim University Semarang (2010-present)
10. Chairman of the Indonesian Waqf Board, Central Java (2010-present)
11. Chairman of the Central Asmaul Husna Khidmah Council (2010-present)
12. General Chairman of the Indonesian Nahdlatul Ulama Higher Education Association (2010-2015)
13. Deputy Secretary General of the Central Indonesian Ulema Council (2010-2015)
14. Deputy Chairman of the Association of Indonesian Private Universities, Central Java (2010-2015)
15. Chairman of the Association of Chancellors and Nahdlatul Ulama Universities throughout Indonesia (2008-2013)
16. General Chairman of the NUPBNU Higher Education Development Institute (2008-2015)
17. Deputy Chairman of the Association of Indonesian Private Universities, Central Java (2005-2014)
18. Chancellor of Wahid Hasyim University, Semarang (2000-2015)
19. Lecturer at Walisongo State Islamic Institute, Semarang (1983-2001)
20. Member of the Central Java Regional People’s Representative Council (1997-1999, 1999-2004, and 2004-2009)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Other Public Companies
Does not hold concurrent positions in other public companies
Institusi Lainnya
1. General Chairman of the Nadzir Bondo Foundation, Semarang Grand Mosque (2015 - present)
2. General Secretary of the Advisory Council of the Central Indonesian Ulema Council (2015-present)
3. General Chairman of the Central Java Grand Mosque Management Board (2014-present)
4. Member of the Company’s Sharia Supervisory Board (2012-present)
5. General Chair of the Wahid Hasyim Foundation Semarang (2010-present)
6. Lecturer in Postgraduate and Doctoral Programs at Wahid Hasyim University Semarang (2010-present)
7. Chairman of the Indonesian Waqf Board, Central Java (2010-present)
8. Chairman of the Central Asmaul Husna Khidmah Council (2010-present)
Education or Training to Improve 1. 15th Borneo Islamic International Conference (KAIB XV), POTENTIAL OF BORNEO ZAKAT COOPERATION (Triangular
Competency 2024 Co-Operation: Indonesia, Brunei Darussalam and Malaysia)
2. WZWF Annual Meeting and Conference, with the theme “The Pivotal Role of BAZNAS and LAZ in Fostering
Community Welfare in Indonesia”: WZWF
3. The Zakat, Tax, and Customs Authority (ZATCA) Conference 2024 with the theme “Zakat Across Border: Comparative
Perspective on Practices_ZATCA”: Riyadh
4. Seminar of the Islamic Students Association of Cairo, with the theme “Prospects for Egyptian graduates in the
Golden Indonesia Year”: Cairo
5. Annual Meeting of MUZAKARAH ZAKAT NUSANTARA (MZN) 2024 with the theme “Asnaf Fii Sabilillah in Meeting the
Needs of the Ummah Today: Its Limitation and Flexibility”: Malaysia
6. Annual Meeting of YAPEIM Regional Forum 2024 with the theme “Strengthening Civil Economy Through Regional
Synergy”: Malaysia
Certification Licensed as a Capital Market Sharia Expert through Decree of the Board of Commissioners of the Financial Services
Authority KEP-02/PM.223/PJ-ASPM/2022.
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors, and
controlling shareholders
Domicile Semarang
Number of ADMF Share Ownership 0 shares
Term of Office - September 4, 2012 until the closing of the Annual GMS for the 2014 financial year (First Term)
- May 21, 2015 until the closing of the Annual GMS for the 2017 financial year (Second Term)
- April 20, 2018 until the closing of the Annual GMS for the 2020 financial year (Third Term)
- June 30, 2021 until the closing of the Annual GMS for the 2023 financial year (Fourth Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Fifth Term).
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and Analysis Responsibility
Dr. Rini Fatma Kartika, M.H.
Member of the Sharia Supervisory Board
Nationality Indonesia
Age/Gender 53 years old/Female
Educational Background 1. Doctorate – Syarif Hidayatullah State Islamic University, Jakarta (2021)
2. Master of Islamic Law – Muhammadiyah University, Jakarta (2004)
3. Bachelor of Sharia – Syarif Hidayatullah State Islamic Institute, Jakarta (1994)
Position History
Legal Basis of Appointment Appointed as Member of the Company’s Sharia Supervisory Board for the first time based on the resolution
of the Annual GMS on October 15, 2021, and served effectively on September 14, 2021. Latest appointment
as member of Sharia Supervisory Board of the Company based on the resolution of the Annual GMS dated
March 27, 2024.
Work Experience 1. Deputy Chancellor 3 Muhammadiyah University, Jakarta (2021-present)
2. Member of the Sharia Supervisory Board of the Company (2021-present)
3. Daily Implementation Body of the National Sharia Council, Indonesian Ulema Council (DSN-MUI)
(2020-present)
4. Dean of the Faculty of Islamic Religion, Muhammadiyah University, Jakarta (2012-2020)
5. Member of the Sharia Supervisory Board of PT Sun Life Financial Indonesia (2017-present)
6. Lecturer at the Faculty of Islamic Religion, Muhammadiyah University, Jakarta (1995-present)
Concurrent Position Adira Finance
Does not hold concurrent positions at Adira Finance
Perusahaan Terbuka lain
Does not hold concurrent positions in other public companies
Institusi Lainnya
1. Deputy Chancellor 3 Muhammadiyah University, Jakarta (2021-present)
2. Member of the Company’s Sharia Supervisory Board (2021-present)
3. Daily Implementation Body of the National Sharia Council, Indonesian Ulema Council (DSN-MUI)
(2020-present)
4. Member of the Sharia Supervisory Board of PT Sun Life Financial Indonesia (2017-present)
5. Lecturer at the Faculty of Islamic Religion, Muhammadiyah University, Jakarta (1995-present)
Education or Training to Improve 1. Pre Ijtima’ Sanawi and Ijtima’ Sanawi (Annual Meeting) - DSN-MUI and OJK
Competency 2024 2. International Seminar on The Fed’s Interest and Enhancing Market Share through Technologies
Transformation - Indonesian Finance Companies Association
Certification Certification from BNSP (National Professional Certification Agency) as a Sharia Supervisor
Affiliate Relationship Does not have affiliation with members of the Board of Commissioners, members of the Board of Directors,
and controlling shareholders
Domicile Jakarta
Number of ADMF Share Ownership 0 shares
Term of Office - September 14, 2021 until the closing of the Annual GMS for the 2023 financial year (First Term)
- March 27, 2024 until the closing of the Annual GMS for the 2026 financial year (Second Term)
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SENIOR OFFICERS PROFILE
Andy Sutanto
Deputy Director – Head of Retail MCY
Business & Head Of Non-Auto Business
Indonesian Citizen, 55 years old
Appointed as Deputy Director – Head of Retail Motorcycle Financing in the Company since 2011 and Deputy Director
– Head Of Non-Auto Business since 2024. Prior to starting his career in the Company as Area Marketing Manager in 1997, he
worked as an Account Officer at PT Bank Bali Tbk.
He earned his Bachelor of Economics degree from Atma Jaya University in 1995
Manuel D. Irwanputera
Deputy Director – Head of Digital Busines
Indonesian Citizen, 49 years old
Appointed as Deputy Director – Head of Digital Center of Excellence in the Company since 2018. Prior to joining the Company,
he served as Chief Executive Officer at PT KerjaKu Inti Sejahtera and as Chief Operating Officer at PT Kreatif Media Karya.
He earned his Bachelor of Electrical Engineering degree from Atma Jaya University in 1997.
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and Analysis Responsibility
Pramono Pranoto
Deputy Director – Head of Risk Management
Indonesian Citizen, 46 years old
Appointed as Deputy Director – Head of Risk Management in the Company since 2023. Prior to joining the Company, he served
as a senior consultant at SPSS Indonesia and Acorn Marketing Consultant.
He earned his Master of Industrial Management & Master of Advanced Statistics from Katholieke Universiteit Leuven, Belgium
in 2003.
Bohan Kesuma
Deputy Director – Head of Strategy
Transformation
Indonesian Citizen, 50 years old
Appointed as Deputy Director – Head of Strategy Transformation in the Company since 2023. Prior to joining the Company, he
served as Director at Deloitte, Transformation Division Head at PT Bank KB Bukopin Tbk, Associate Director in EY to PwC. He
started his career as Assistant Manager at Astra Credit Companies in 1997.
He earned his Master of Business Administration from Melbourne Business School in 2002.
Anis Radianis
Deputy Director – Head of IT
Indonesian Citizen, 51 years old
Appointed as Deputy Director – Head of IT in the Company since 2023. Prior to joining the Company, he served as Director at
Pefindo Credit Bureau, Founder and Chief Executive Officer at Fineoz.
He earned his Doctor of Business Administration degree from Ecole des Ponts Business School in 2018.
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Dani Renhard Hutabarat Taufik
Head of Business Retention Head of Regional Business
Indonesian citizen, 46 years old. Prior to joining the Indonesian citizen, 44 years old. Prior to joining the
Company, he served as Head of Retention Strategy Company, he worked as a Marketing Executive at Radio
and Channel at PT BFI Finance Indonesia. Earned Sonora. Earned his Master’s degree in Management
his Bachelor’s degree in Economics from Universitas from Islamic University of North Sumatera.
Semarang and a Bachelor’s degree in Communications
from Mercubuana University in 2020.
Adhika Baluh Sempana Wenbi Margo
Head of Regional SSD Head of Corporate Finance
Indonesian citizen, 46 years old. Prior to joining the Indonesian citizen, 39 years old. Prior to joining the
Company, he served as Branch Manager for Loans at Company, he served as Head of Finance Business
HSBC, Hongkong and Shanghai Bank Corporation. Partner Retail, SME and Network at Commonwealth
Earned his Bachelor’s degree in Financial Management Bank Indonesia. Earned his Bachelor’s degree in
Economics from Trisakti University. Economics from Atma Jaya Catholic University of
Indonesia.
Sigit Rezhatama Fathul Abidin
Head of Regional Business – Pasima Head of Regional Business
Indonesian citizen, 33 years old. Prior to joining the Indonesian citizen, 49 years old. Prior to joining the
Company, he served as Branch Manager at Olympindo Company, he worked as a salesman at PT Sun Star
Finance. Earned his Bachelor’s degree in Social and Motor. Earned his Bachelor’s degree in Industrial
Political Sciences, majoring in Public Administration Engineering from National Institute of Technology
from Padjajaran University.. Malang.
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Ronny Susilo A Melati Cahaya Cinta
Head of Regional Business Head of Business Alliance Strategy
Indonesian citizen, 51 years old. Prior to joining the Indonesian citizen, 42 years old. Prior to joining the
Company, he worked as an administrative staff at PT Company, she served as Director, Head of Corporate
Duta Niaga Khatulistiwa. Earned his Bachelor’s degree and Investment Banking Department at MUFG Bank
in Accounting from Indonesia Institute of Economic Ltd, Jakarta Branch. Earned her Bachelor’s degree
Science Jakarta in Accounting from Atma Jaya Catholic University of
Indonesia.
Anton Chandra Ivan Adlin
Head of E-Bike Business Head of Regional Credit
Indonesian citizen, 51 years old. Prior to joining the Indonesian citizen, 37 years old. Earned his Bachelor’s
Company, he served as Regional Business Head at PT degree in Political Science from Sriwijaya University
Adira Quantum Multifinance. Earned his Bachelor’s
degree in Accounting from Trisakti University.
Inge Sugianti
Andhika Suwardi
Head of SSD Business Requirement and
Head of Regional Credit
Development
Indonesian citizen, 39 years old. Prior to joining the Indonesian citizen, 50 years old. Prior to joining the
Company, he worked as an IT staff at the Provincial Company, she served as Operations Manager at Astra
Education Office of North Sumatra. Earned his Credit Companies. Earned her Bachelor’s degree
Bachelor’s degree in Economics from Muhammadiyah in Management Economics from Satya Wacana
University of North Sumatera. Christian University.
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Komang Ngurah Kusuma Wijaya Hendri Sunandar
Head of Regional Credit Head Regional Business
Indonesian citizen, 47 years old. Prior to joining the Indonesian citizen, 48 years old. Earned his Bachelor’s
Company, he worked as a Credit Team member with degree in Metallurgical Engineering from University
his last position as Credit Supervisor at PT Courts General Ahmad Yani.
Indonesia, Tbk. Earned his Bachelor’s degree in
Agriculture from Bogor Agricultural Institute.
Rudy Wibisono Edwin Yuniansyah
Head of Regional Business Head of Regional Credit
Indonesian citizen, 54 years old. Prior to joining the Indonesian citizen, 44 years old. Prior to joining the
Company, he worked as a Back-Office staff at Bank Company, he worked as an Account Officer at Bank
Artha Graha. Bachelor’s degree in Economics from Bukopin. Earned his Associate degree in Accounting
Udayana University. from Faculty of Economic Sriwijaya University.
Faizal K. Primandoko
Head of Regional Credit Head of Credit Retail Opr Management
Indonesian citizen, 48 years old. Prior to joining Indonesian citizen, 58 years old. Prior to joining the
the Company, he worked as a Contract Staff at the Company, he worked as Sundries Operations staff at
State Treasury Service Office in Bandar Lampung. Bank Dagang Nasional Indonesia and Account Officer
Earned his Bachelor’s degree in Social Sciences from at Bank Papan Sejahtera. Earned his Bachelor’s degree
Lampung University. in Law from 17 Agustus 1945 University.
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Dekky Situmorang Henry Willem Panjaitan
Head of Regional Credit Head of Regional Collection
Indonesian citizen, 42 years old. Prior to joining the Indonesian citizen, 48 years old. Prior to joining the
Company, he worked as a Field Assistant at Sinarmas Company, he worked as a Marketing Supervisor
Finnantara Intiga. Earned his Bachelor’s degree in at PT Gemilang Selaras Mandiri, Tbk. Earned his
Forestry from Tanjungpura University. Master’s degree in Management from Tarumanagara
University.
Adhitya Hartowo Kuswondo
Head of IT Infrastructure Management Head of Regional Credit
Indonesian citizen, 46 years old. Prior to joining the Indonesian citizen, 46 years old. Prior to joining the
Company, he served as Program Director at Numisec. Company, he served as Head of Representative Office
Earned his Earned his Bachelor’s degree in Business at Federal International Finance. Earned his Bachelor’s
Management from London School of Public Relations. degree in Economics from Islamic University of North
Sumatera.
Henry Winiarto Wendi Winduwasono
Head of Regional Credit Head of Digital Sales & Marketplace
Indonesian citizen, 53 years old. Earned his Bachelor’s Indonesian citizen, 53 years old. Prior to joining the
degree in Law from Sebelas Maret University. Company, he served as Business System Manager at
Wyeth Nutrition Indonesia. Earned his Master’s degree
in Business Administration from Institute Technology
of Bandung.
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Handry Murdy Herfan Eko Chandra
Head Of Regional Business Head of Regional Collection
Indonesian citizen, 43 years old. Earned his Associate Indonesian citizen, 47 years old. Bachelor’s degree
degree from Akademi Maritim Nusantara. from University General Ahmad Yani.
Andi Tirta Kurniawan Arie Widianto
Head of Risk Analytics & MIS Head of Regional Credit
Indonesian citizen, 47 years old. Prior to joining the Indonesian citizen, 51 years old. Bachelor’s degree
Company, he served as Group Head of Operations at from Merdeka University Malang
PT Bussan Auto Finance. Earned his Administration
from Nexford University.
Yoppy Edyson Tulalo Irmat Maha
Head Of Region SSD Head of Data Quality & Assurance
Indonesian citizen, 48 years old. Prior to joining the Indonesian citizen, 54 years old. Prior to joining
Company, he served as Branch Head at PT Busan the Company, he worked as the Board of Directors’
Auto Finance. Earned his Bachelor’s degree in Marine Shipping Staff at PT Samudera Indonesia. Earned his
Science from Universitas Sam Ratulangi. Master’s degree in Management from Universitas
Indonesia.
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and Analysis Responsibility
Alamsyah Kurniadhien Ristua Maria Butar Butar
Head Regional Collection Head of Regional Collection
Indonesian citizen, 49 years old. Earned his Bachelor’s Indonesian citizen, 48 years old. Prior to joining the
degree from Tri Dharma Widya Institute of Economic Company, she worked as Administration staff at PT
Science Jakarta. Riza Mitra Group. Earned her Bachelor’s degree in
Economics from North Sumatera University.
Billy Parlagutan Rohmad Amirul Mukminin
Head of Regional Business Head of Accounting & Tax
Indonesian citizen, 49 years old. Prior to joining Indonesian citizen, 45 years old. Prior to joining the
the Company, he served as Area Manager at PT Company, he served as Vice President-Finance at PT
Sanggar Mas Jaya. Earned his Bachelor’s degree in Triputra Agro Persada. Earned his Bachelor’s degree
Management from YKPN University. in Economics, majoring in Accounting from Airlangga
University.
Krisdianto Kristian Nugraha Yosef
Head Of Region SSD Head of Business Partnership Management
Indonesian citizen, 52 years old. Prior to joining the Indonesian citizen, 39 years old.
Company, he served as salesman at PT Bumi Kalpataru. Prior to joining the Company, he served Earned his
Earned his Associate degree from Perbanas Institute. Bachelor’s as Area Representative at PT Toyota Astra
Motor. Bachelor’s degree from Universitas Bina
Nusantara University.
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Gita Amanda Heru Susanto
Head Of Digital Lending Business Head of Regional Credit
Indonesian citizen, 42 years old. Prior to joining the Indonesian citizen, 44 years old. Earned his Associate
Company, she served as Assistant Promotion Manager degree from Sepuluh November Institute of
at PT Swadaya Panduartha. Earned her Bachelor’s of Technology Surabaya
Arts from Curtin University, Perth.
Muhammad Fahromi Wahyu Basuki
Head of Credit Retail Operation Management Head of Credit Fleet & SME
Indonesian citizen, 44 years old. Prior to joining the Indonesian citizen, 44 years old. Prior to joining
Company, he worked as Finance Supervisor at PT the Company, he served as Credit Analyst Manager
Asuransi AIG Indonesia. Earned his Bachelor’s degree for Fleet & Non-Automotive at PT Clipan Finance
from Padjajaran University. Indonesia. Earned his Bachelor’s degree in Geological
Engineering from Universitas Gadjah Mada.
Herru Damarjati
Dolly Arora
Head of Business Portfolio MIS, Pricing &
Head of Corporate University
Compliance
Indonesian citizen, 47 years old. Prior to joining the Indonesian citizen, 45 years old. Prior to joining
Company, he served as Head of UPT-E (Integrated the Company, she served as eLearning Production
Service Unit - Information Technology) at PT Astra Manager at PT Mitra Integrasi Komputindo. Earned his
International Tbk. Earned his Bachelor’s degree Bachelor’s degree in English Literature from University
in Communications from National Development of Indonesia and Master’s degree in Management
University ’’Veteran’’ and Master’s degree in from Trisakti University.
Information Technology from University of Indonesia.
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and Analysis Responsibility
Yustina ErnawatiHead Djoko Witono
Head of Used Motorcycle Business Head of Regional Collection
Indonesian citizen, 52 years old. Prior to joining Indonesian citizen, 53 years old. Prior to joining the
the Company, she served as Branch Head at WOM Company, he worked as a Regional Coordinator at
Finance. Earned her Bachelor’s degree in Economics Mashill Finance. Earned his Associate degree from
from Atma Jaya University, Yogyakarta. Akademi Keuangan dan Perbankan Indonesia.
Veronika Dyah Puspitaningrum
Tugino Candra Kartiko
Head of Compliance & AML Unit dan Head of
Head of Regional Collection
Corporate Secretary & Investor Relations
Indonesian citizen, 53 years old. Prior to joining the Indonesian citizen, 44 years old. Previous Experience:
Company, he worked as a Sales Officer at KIA Motor Prior to joining the Company, she served as Head
Indonesia. Earned his Bachelor’s degree in Engineering of Risk and Fraud Management at PT Fintek Karya
from Muhammadiyah University of Malang. Nusantara. Earned her Bachelor’s degree in Political
Science from Padjajaran University and Master’s in
Law from Pelita Harapan University.
Teguh Supriyatna Putera Ricky Mas Basuardi
Head of IT Governance dan Head of IT Office Head of IT Operations dan Head of IT Data
. Indonesian citizen, 48 years old. Prior to joining Indonesian citizen, 50 years old. Prior to joining the
the Company, he served as Director at PT NuVision Company, he worked as a Software Developer at PT
Consulting. Earned his Master’s degree in Business Collega Inti Pratama. Earned his Bachelor’s degree in
Administration from Vlerick Business School Computer Engineering from STIK Jakarta.
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Rachmat Adijayadi Maria Sari Dewi Kusuma
Head of IT Security dan Head of IT Head of Finance & Cash Management dan
Development Head of Funding & Capital Market
Indonesian citizen, 40 years old. Prior to joining the Indonesian citizen, 54 years old. Prior to joining the
Company, he served as Head of Information Security Company, she worked as an Account Officer at Bank
& GRC at PT Bank Aladin Syariah Tbk. Earned his Hastin Internasional. Earned her Bachelor’s degree in
Bachelor’s degree in Computer Engineering from Economics from Widya Mandala Catholic University.
Gunadarma University.
Hendarto Nugroho Sandi Sukandi
Head of Regional Collection Head of Regional Business
Indonesian citizen, 52 years old. Prior to joining the Indonesian citizen, 50 years old. Earned his Bachelor’s
Company, he worked in Operations at PT Bank Bali degree in Mathematic & Statistic from Gadjah Mada
Tbk. Earned his Bachelor’s degree from Brawijaya University.
University Malang.
Irwan Sany Yusron
Head Regional Collection Head of Syariah
Indonesian citizen, 45 years old. Prior to joining the Indonesian citizen, 48 years old. Prior to joining
Company, he worked as Marketing Manager at PT the Company, he served as Finance Manager at
Nyonya Meneer. Earned his Associate degree from PT Larasindo Jaya Agrotama. Earned his Master’s
Budi Luhur University. degree in Business Administration from Gadjah Mada
University.
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Weldya Putra Caniago Valen Riediv Kiernadi
Head of Regional SSD Head of MPL Development & Analysis
Indonesian citizen, 48 years old. Earned his Bachelor’s Indonesian citizen, 43 years old. Prior to joining the
degree in Economics from National Development Company, he served as General Manager of Corporate
University «Veteran» Jakarta. Culture and Change Management at PT Paramount
Enterprise International. Earned his Bachelor’s degree
in Economics from Indonesian Institute of Business
and Informatics.
Trianto Subekti Tri Evita Aryani
Head of National Yamaha New Motorcycle Head of Human Capital & General Affairs
Indonesian citizen, 55 years old. Prior to joining the Indonesian citizen, 56 years old. Prior to joining the
Company, he worked as Assistant Manager at PT Company, she served as Vice President of Human
Hobart Adi Hutama. Earned his Bachelor’s degree Capital Division at Gunung Steel Group. Earned her
in Naval Engineering from Adhi Tama Institute of Bachelor’s degree in Economics from University of
Technology Surabaya. Indonesia.
Tania Endah Budhi
Suwanto
Head of Marketing Strategy & Customer
Head of Regional SSD
Experience
Indonesian citizen, 44 years old. Prior to joining the Indonesian citizen, 53 years old. Earned his Associate
Company, she served as Head of Ground Operations degree from Akademi Akuntansi dan Keuangan Wika
and Customer Management at PT Indonesia AirAsia. Jasa Semarang.
Earned her Master’s degree in Business Administration
with Marketing Specialization from Nanyang
Technological University.
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Surya Almada Syahlani Stephanus Taufan Wibowo
Head of Regional SSD Head of MPL Head of Risk Policy Development
Indonesian citizen, 46 years old. Earned his Bachelor’s Head of Risk Policy Development. Indonesian citizen,
degree in Economics from STIESIA Surabaya. 49 years old. Prior to joining the Company, he served
as Credit Operation Head at PT BFI Finance Indonesia
Tbk. Earned his Master’s degree in Management from
Gadjah Mada University.
Rudy Widjaja Ronald Donna
Head of Business Partnership Management Head of National Used Car
Indonesian citizen, 56 years old. Prior to joining the Indonesian citizen, 43 years old. Prior to joining the
Company, he served as Head of Retail Banking at PT Company, he served as Branch Head at Astra Credit
Bank Permata Tbk. Earned his Master’s degree from Companies. Earned his Bachelor’s degree in Computer
IPMI and Carneige Bosch Institute. Science from Dian Nuswantoro University.
Paul Octavianus Jayaputra
Nanang Kurniawan
Head of National Suzuki & Multibrand New
Head of Regional SSD
Motorcycle
Indonesian citizen, 50 years old. Prior to joining Indonesian citizen, 50 years old. Prior to joining the
the Company, he served as Representative Head at Company, he served as Account Officer at PT Orix
PT. Federal International Finance. Earned his Finance Indonesia. Earned his Master’s degree in
Bachelor’s degree in Engineering from Merdeka Management from Institute Technology of Bandung.
University Malang.
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Reza Hasyim Tamin Iyan Waer
Head of National Fleet Business Head of Digital Product & Engineering
Indonesian citizen, 48 years old. Prior to joining the Indonesian citizen, 45 years old. Prior to joining the
Company, he served as Marketing Director at PT Company, he served as Chief Operating Officer and Co-
Bestindo Cakra Utama. Earned his Bachelor’s degree Founder of Swipecrypto Pte. Ltd. Earned his Master’s
in Japan Literature from Dharma Persada University. degree in Management from Atma Jaya University.
Iwan Chandra Irfan Budianto
Head of Regional SSD Head of Regional SSD
Indonesian citizen, 51 years old. Prior to joining Indonesian citizen, 52 years old. Prior to joining the
the Company, he served as Branch Manager at ITC Company, he served as Risk Management Department
Finance. Earned his Bachelor’s degree in Engineering Head at PT Astra Sedaya Finance. Earned his Bachelor’s
from ISTP Medan. degree in Animal Science from Brawijaya University.
Ingrid Setiadharma Ingrid Sri Komala Dewi
Head of Legal Head of Quality Assurance
Indonesian citizen, 57 years old. Prior to joining the Indonesian citizen, 53 years old. Prior to joining the
Company, she worked as Senior Manager of Legal/ Company, she served as Senior Auditor at Ernst & Young
Compliance at PT U Finance Indonesia and Senior and Audit Supervisor at Deloitte Touche Tohmatsu.
Assistant Manager of Legal/Compliance at The Bank Earned her Bachelor’s degree in Accounting from
of Tokyo-Mitsubishi-UFJ, Ltd. Earned her Bachelor’s Tarumanagara University.
degree in Law from Tarumanagara University.
Additionally, she completed the Advocate Professional
Education from the Indonesian Advocates Association.
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Indra Meyman Harefa Henrick Kusno Sujarwadi
Head of Business Channeling Head of Coll Str,Analytics & Monitoring
Indonesian citizen, 53 years old. Prior to joining the Indonesian citizen, 45 years old. Prior to joining the
Company, he served as Production & Purchasing Company, he served as Fleet Credit Administration
Officer at PT Millenium Tiga Gemilang-Red Promo. Head at PT Astra Sedaya Finance. Earned his Bachelor’s
Earned his Bachelor’s degree in Accounting from STIE degree in Engineering from Gadjah Mada University.
Swadaya.
Haryadwi Saputra Kartawidjaja Handi
Head of Internal Audit Head of Regional SSD
Indonesian citizen, 45 years old. Prior to joining the Indonesian citizen, 52 years old. Earned his Bachelor’s
Company, he served as Vice President at Citibank NA. degree in Accounting from STIE Tridharma Bandung.
Bachelor’s degree in Accounting and Finance from
Wright State University.
Hanafi Suprapto Guntur Pratomo
Head of Corporate Real Estate Management Head of Information Risk Management
Indonesian citizen, 54 years old. Prior to joining the Indonesian citizen, 35 years old. Prior to joining the
Company, he worked as a Structure Engineer at Company, he served as AVP Cyber Defense at PT Bank
PT Rematha Dacrea Optima. Earned his Bachelor’s CIMB Niaga Tbk. Earned his Bachelor’s degree in
degree in Engineering from Atma Jaya University. Engineering from Budi Luhur University.
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Gandhy Inderayana Edwin Kartawinata
Head of Brand & Corporate Communications Head of Digital Acquistion & Ecosystem
Indonesian citizen, 45 years old. Prior to joining the Indonesian citizen, 41 years old. Prior to joining the
Company, he served as Brand Management Head and Company, he served as Vice President of Marketing at
Digital & Online Marketing Head at PT Bank Danamon Kapanlagi Youniverse. Earned his Bachelor’s degree
Indonesia Tbk. Earned his Bachelor’s degree in in Computer Engineering from Bina Nusantara
Computer Science from Bina Nusantara University. University.
Dwi Prasetiyo Didik Sukarmadi
Head of New Car 1 Business Head of Procurement
Indonesian citizen, 49 years old. Prior to joining Indonesian citizen, 48 years old. Prior to joining
the Company, he served as Sales Head at Astra the Company, he served as Head of Service and
Credit Companies. Earned his Bachelor’s degree in Infrastructure Management at PT Netciti Persada.
Economics from STIE YKPN University. Earned his Bachelor’s degree in Engineering from STT
Telkom.
Danny William Chandra Hermanto
Head of SND System Solution Head of Honda NMCY Business
Indonesian citizen, 52 years old. Earned his Bachelor’s Indonesian citizen, 51 years old. Prior to joining the
degree in Engineering from Trisakti University. Company, he served as Manager at Pratama Finance.
Earned his Bachelor’s degree in Economics from
Persada Indonesia YAI University.
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Budi Pranoto Bien Costan
Head of IT Business Partner Head of Business Process Improvement
Indonesian citizen, 45 years old. Prior to joining the Indonesian citizen, 47 years old. Prior to joining the
Company, he served as IT General Manager at Suzuki Company, he worked as a Senior Associate at Ernst
Finance Indonesia. Earned his Bachelor’s degree in & Young Indonesia. Earned his Bachelor’s degree in
Computer Science from Bina Nusantara University. Accounting from Tarumanagara University.
Balebang Danardana Ichwan Andy Teguh
Head of Asset Recovery Operation Head of New Car 2 Business
Indonesian citizen, 48 years old. Earned his Bachelor’s Indonesian citizen, 49 years old. Prior to joining the
degree in Engineering from Telkom University and Company, he served as Area Marketing Manager at
Master in Business Administration from Institute PT Federal International Finance. Earned his Bachelor’s
Technology of Bandung. degree in Economics from Trisakti University.
Andree Wibowo Andreas Burhan Tasmaan
Head of SSD Branch Support & Office Head of Business Analytics
Indonesian citizen, 51 years old. Prior to joining the Indonesian citizen, 45 years old. Prior to joining the
Company, he served as Finance Controller at PT Company, he served as VP of Digital Banking Analytics
Ungaran Sari Garmen. Earned his Bachelor’s degree & Campaign Management at PT Bank DBS Indonesia.
in Economics from Satya Wacana Christian University. Earned his Bachelor’s degree from Universitas
Parahyangan.
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Agus Hartanto Agus Hamid Arief
Head of Regional SSD Head of Business Commercial
Indonesian citizen, 52 years old. Prior to joining the Indonesian citizen, 53 years old. Prior to joining the
Company, he served as Branch Manager at PT Federal Company, he served as Finance Officer at PT Citra
International Finance. Earned his Bachelor’s degree in Jenesia Persada. Earned his Bachelor’s degree in
Engineering from Gadjah Mada University. Accounting from STIE YPKP.
Max Eka Darmawan Achmad Komara
Head of SSD Management Head of Operational Risk Management.
Indonesian citizen, 56 years old. Prior to joining the Indonesian citizen, 53 years old. Prior to joining the
Company, he worked as a Supervisor at PT Anugerah Company, he worked as Account Manager at KAP
Mitra Jaya. Earned his Bachelor’s degree in Economics Haryanto Sahari & Partners (PricewaterhouseCoopers).
from STIE Kucecwara. Master’s degree in Management from Bogor
Agricultural Institute.
Rudy Sumaryadi Gusti Ngurah Agung Budiyana
Head of Regional SSD Head of Head of Regional SSD
Indonesian citizen, 53 years old. Prior to joining the Indonesian citizen, 46 years old. Earned his Bachelor’s
Company, he worked as a Surveyor at PT Putra Surya degree in Economics from Universitas Warmadewa.
Multidana (PSM Group PSP). Earned his Bachelor’s
degree from Universitas Borobudur.
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Anggoro Listiawan Angga Pratama
Head Regional Credit Head of Transformation Management Office
Indonesian citizen, 51 years old. Prior to joining the Indonesian citizen, 42 years old. Prior to joining the
Company, he worked as a Project Supervisor at Company, he worked in Agile Transformation at AIA
Waskita Karya. Earned his Bachelor’s degree from Financial Indonesia. Bachelor’s degree in Information
YKPN Academy of Engineering. Systems from Gunadarma University.
Nurmandi Sip Nurahmat Bagyo Andriyanto
Head of Regional Business Head of Regional Business
Indonesian citizen, 55 years old. Prior to joining the Indonesian citizen, 53 years old. Prior to joining the
Company, he worked as a marketing surveyor at Company, he served as Sales Executive at Tirtajaya
PT BFI Finance. Earned his Bachelor’s degree from Luamsindo Company. He earned his Bachelor of
University of Riau. Engineering degree from Widya Gama University
Malang.
.
Heru Sulistyo Andi Setya Utomo
Head of Regional Credit Head of Credit Retail Operation Management
Indonesian citizen, 49 years old. Earned his Associate Indonesian citizen, 43 years old. Earned his Bachelor’s
degree in Banking Finance from the Indonesian degree from Muhammadiyah University Surakarta
Academy of Finance & Banking Bandung.
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Anak Agung Gede Sasmatra Putra Tengku Zainal Arifin
Head of Regional Collection Head of Regional Collection
Indonesian citizen, 49 years old. Earned his Bachelor’s Indonesian citizen, 49 years old. Prior to joining
degree in Civil Engineering from Udayana University. the Company, he had a career as Manager at CV
Tira Chitrasih). Earned his Bachelor’s degree from
Muhammadiyah University of North Sumatra
Denny Supratman Sofyan Arifin
Head of Regional Collection Head of Regional Collection
Indonesian citizen, 47 years old. Earned his Bachelor’s Indonesian citizen, 50 years old. Prior to joining the
degree in Political Science from STISIP Syamsul Ulum Company, he served as Finance Section Head at PT.
Private University. Behaestex. Earned his Bachelor’s degree in Economics
from Airlangga University
Binordi Harkel Purba SP Ahmad Rusydi
Head of Regional Collection Head of Regional Collection
Indonesian citizen, 49 years old. Earned his Bachelor’s Indonesian citizen.
degree from University of North Sumatera.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 121
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CHANGES IN THE COMPOSITION
OF MEMBERS OF THE BOARD OF
COMMISSIONERS AND/OR BOARD
OF DIRECTORS
In order to further improve performance, Adira Finance made changes to the composition of the Board of
Directors. On March 27, 2024, based on the resolution of the Annual General Meeting of Shareholders, Sigit
Hendra Gunawan, Sylvanus Gani Kukuh Mendrofa, and Takanori Mizuno were appointed as members of
the Board of Directors of Adira Finance. The current composition of members of the Company’s Board of
Commissioners and Board of Directors is as follows:
Board of Commissioners
Daisuke Ejima : President Commissioner
Krisna Wijaya : Independent Commissioner
Manggi Taruna Habir : Independent Commissioner
Eng Heng Nee Philip : Commissioner
Congsin Congcar : Commissioner
Hafid Hadeli : Commissioner
Board of Directors
I Dewa Made Susila : President Director
Swandajani Gunadi : Director
Niko Kurniawan Bonggowarsito : Director
Harry Latif : Director
Denny Riza Farib : Director
Sigit Hendra Gunawan : Director
Sylvanus Gani Kukuh Mendrofa : Director
Takanori Mizuno : Director
There were no changes to the composition of the members of the Board of Directors and/or members of the
Board of Commissioners after the financial year ended until the deadline for submitting the Annual Report.
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NUMBER AND DATA OF EMPLOYEE
COMPETENCY DEVELOPMENT [SEOJK C.3] [GRI 2-7]
Number of Employees Based on Directorate
Directorate 2020 2021 2022 2023 2024
Compliance Directorate 5 5 5 8 9
Finance Directorate 110 102 97 104 102
HC Management & CREM Directorate 276 279 306 333 325
Technology Information & Digital Center of Excellence 283 345 364 410 428
Directorate
Operations Directorate 764 739 697 0 0
Sales & Distribution Directorate 6,165 6,931 6,985 7,741 7,912
Collection & Legal Directorate 0 0 8,454 7,667 7,278
Portfolio Sales Directorate 201 196 214 199 215
Marketing & Digital Center of Excellence Directorate 62 61 62 69 79
Business Alliance Strategy & Transformation Directorate 6 9 12 61 66
Risk Directorate 8,490 8,364 44 594 621
Directly under the President Director 62 62 61 57 63
Number of Employees Based on Level of Organization/Position
Organization/Position Level 2020 2021 2022 2023 2024
Board of Directors 7 7 5 6 8
Deputy Director 7 7 7 9 6
Head of Division 72 70 69 73 74
Manager 711 719 734 785 847
Supervisor 3,966 3,884 3,912 4,025 4,203
Staff 11,662 12,406 12,574 12,345 11,960
Total 16,425 17,093 17,301 17,243 17,098
Number of Employees Based on Education Level
Education Level 2020 2021 2022 2023 2024
Postgraduate 87 87 90 104 111
Undergraduate 11,044 11,571 11,770 11,926 12,008
Diploma 3,272 3,266 3,212 3,125 3,063
High School 2,019 2,166 2,226 2,085 1,913
Junior High School 3 3 3 3 3
Elementary School 0 0 0 0 0
Total 16,425 17,093 17,301 17,243 17,098
Number of Employees Based on Employment Status
Employment Status 2020 2021 2022 2023 2024
Non-Permanent 2,858 3,110 3,389 2,524 2,129
Permanent 13,567 13,983 13,912 14,719 14,969
Total 16,425 17,093 17,301 17,243 17,098
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 123
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Number of Employees Based on Age
Age 2020 2021 2022 2023 2024
<26 years old 818 824 790 881 782
26<-<36 years old 9,414 9,685 9,426 8,883 8,391
36<-<46 years old 5,607 5,890 6,172 6,370 6,569
46<-<51 years old 503 586 765 905 1,095
51<-<55 years old 76 101 142 200 255
>55 years old 6 7 6 4 6
Total 16,425 17,093 17,301 17,243 17,098
Number of Employees Based on Term of Office
Term of Office 2020 2021 2022 2023 2024
<1 year 872 2,345 1,728 1,512 1,446
1<-<5 years 6,442 5,759 5,820 5,780 5,046
5<-<10 years 4,822 3,510 3,257 3,337 3,915
10<-<15 years 2,216 3,579 4,333 4,067 3,900
15<-<20 years 1,953 1,711 1,884 2,111 1,957
20<-<25 years 108 174 250 356 764
25 years 11 15 29 80 70
Total 16,425 17,093 17,301 17,243 17,098
Number of Employees by Gender
Directorate 2020 2021 2022 2023 2024
Male 13,551 14,143 14,205 13,963 13,694
Female 2,874 2,950 3,096 3,280 3,404
Total 16,425 17,093 17,301 17,243 17,098
Employee Competency Development Data 2024 [SEOJK F,22][GRI 404-2]
Number of Participants and Position Level
Training Type Training Objective Senior Middle Junior and Non-
Management Management Management
Leadership & Career Develop leadership & managerial competeny 109 1,703 10,687
and prepare the competency of a position
holder according to a certain rank level
Mandatory Provide the required insights and knowledge 27 566 39,842
for employees according to regulation,
as well as ensuring business continuity
through good corporate governance and risk
mitigation
Functional Increase employee competency according to 45 2,601 51,411
position function,
Transformation Preparing employee competencies in 0 125 7,567
carrying out company transformation
programs,
Supplementary Optimizing employee potential so that they 252 2,879 32,346
become more effective individuals and
employees,
Employee Competency Development Costs [SEOJK F,22][GRI 404-2]
Employee Training 2020 2021 2022 2023 2024
Number of Training Participants 289,644 202,686 172,951 175,264 153,949
Training and Development Costs (IDR billion) 15.1 11.1 64.7 80.2 69.37
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SHAREHOLDERS COMPOSITION
Major and Controlling Shareholders
PT Bank Danamon Indonesia Tbk has been the controlling shareholder in Adira Finance since January 2004.
Information regarding Adira Finance shareholders as of December 31, 2024, is as follows:
Nominal Value (IDR 100,-/Share) Share Percentage
Shareholder Name Number of Share Ownership
(IDR) (%)
PT Bank Danamon Indonesia Tbk 920,700,000 92,070,000,000 92.07%
Public 79,300,000 7,930,000,000 7.93%
Total 1,000,000,000 100,000,000,000 100.00%
Composition of The 20 Largest Shareholders
No Shareholder Name Number of Shares (Shares) Ownership Percentage (%)
1 PT Bank Danamon Indonesia Tbk 920,700,000 92.07
2 Corporate Investors 1 10,000,300 1.00
3 Corporate Investors 2 4,703,200 0.47
4 Corporate Investors 3 4,204,800 0.42
5 Corporate Investors 4 3,909,600 0.39
6 Corporate Investors 5 3,622,300 0.36
7 Individual Investors 1 2,480,000 0.25
8 Individual Investors 2 1,932,700 0.19
9 Individual Investors 3 1,514,700 0.15
10 Individual Investors 4 1,400,000 0.14
11 Corporate Investors 6 977,400 0.10
12 Individual Investors 5 852,000 0.09
13 Individual Investors 6 850,500 0.09
14 Individual Investors 7 837,800 0.08
15 Individual Investors 8 815,500 0.08
16 Individual Investors 9 800,000 0.08
17 Individual Investors 10 792,000 0.08
18 Corporate Investors 7 770,200 0.08
19 Individual Investors 11 600,000 0.06
20 Individual Investors 12 600,000 0.06
Shareholders Composition with Ownership >5%
Number of Shares Ownership Percentage
Shareholder Name Amount (IDR)
(Shares) (%)
January 1, 2024 to December 31, 2024
PT Bank Danamon Indonesia Tbk 920,700,000 92,070,000,000 92.07%
Total 920,700,000 92,070,000,000 92.07%
Shareholders Composition with Ownership <5%
Number of Shares Ownership Percentage
Shareholder Name Amount (IDR)
(Shares) (%)
January 1, 2024 to December 31, 2024
PubliC 79,300,000 7,930,000,000 7.93%
Total 79,300,000 7,930,000,000 7.93%
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 125
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Shareholders Composition Based On Classification
Number of Shares Ownership Percentage
Shareholder Classification Number of Shareholders
(Shares) (%)
Local Shares
Institution 38 934,462,615 93.45
Individual 4,936 44,091,900 4.41
Foreign Shares
Institution 46 20,699,985 2.07
Individual 11 745,500 0.07
Total 5,031 1,000,000,000 100.00
Share Ownership (Direct and Indirect) of The Board of Commissioners and The Board of Directors
Shares in Adira Shares of Other Shares of Non-
Name Position
Finance Financial Institutions Financial Institution
January 1, 2024 to December 31, 2024
Board of Commissioners
Daisuke Ejima President Commissioner - - -
Krisna Wijaya Independent - - -
Commissioner
Manggi Taruna Habir Independent - - -
Commissioner
Eng Heng Nee Philip Commissioner - - -
Congsin Congcar Commissioner - - -
Hafid Hadeli Commissioner - 0.01% of issued shares -
PT Bank Danamon
Indonesia Tbk
Board of Directors
I Dewa Made Susila President Director - 15% of the nominal -
value of shares PT
Home Credit Indonesia
Swandajani Gunadi Director - - -
Niko Kurniawan Director - - -
Bonggowarsito
Harry Latif Director - - -
Denny Riza Farib Director - - -
Sylvanus Gani Kukuh Director - - -
Mendrofa
Takanori Mizuno Director -
Sigit Hendra Director -
Gunawan
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SHARE LISTING CHRONOLOGY
Based on the Deed of Statement of Resolution of All Shareholders of PT Adira Dinamika Multi Finance
No. 13 dated January 26, 2004, made in the presence of Fathiah Helmi, S.H., Notary in Jakarta, which has
been approved and reported to the Minister of Justice and Human Rights of the Republic of Indonesia, the
Company’s shareholders on January 26, 2004, have, among other things, approved: (i) an increase in the
Company’s authorized capital from IDR100 billion to IDR400 billion and (ii) a change in the nominal value of
Company shares from IDR1,000 per share to IDR100 per share. Based on Deed No. 13/2004, the Company’s
shareholders on January 26, 2004, among others, also approved the sale of shares belonging to Theodore
Permadi Rachmat, namely 90.0% of all shares owned (810,000,000 shares) and those belonging to Stanley
Setia Atmadja, namely 10.0% of all shares owned (90,000,000 shares) to strategic investors.
Furthermore, based on the Conditional Sale and Purchase Agreement dated January 26, 2004 (“CSPA”), which
was made privately by Theodore Permadi Rachmat and Stanley Setia Atmadja, both as sellers (“Sellers”) and
PT Bank Danamon Indonesia Tbk (Bank Danamon Indonesia) as the buyer (“Buyer”), immediately after the
Company’s shares were listed on the Jakarta Stock Exchange (BEJ) and Surabaya Stock Exchange (BES) and
the conditions agreed by the Sellers were fulfilled. and the Buyer (including Bank Indonesia’s approval to the
Buyer), the Sellers will transfer some of their remaining share ownership in the Company, namely 750,000,000
shares representing 75.0% of all shares that have been subscribed and fully paid up in the Company to the
Buyer through a direct sale mechanism outside the stock exchange (Direct Placement). The estimated value
of the share transfer in accordance with CSPA is IDR850 billion.
In March 2004, the Company conducted a Public Offering of Shares, namely 100,000,000 shares owned by
the Company’s shareholders (divested shares), representing 10% of all shares subscribed and fully paid up. In
accordance with BES Announcement No. JKT-343/LIST-PENG/BES/III/2004 dated March 29, 2004, which refers
to Company letter No. 071/ADMF/CS/III/04 dated March 25, 2004 regarding Initial Share Listing and BES letter
No. JKT-028/LIST-EMITEN/BES/III/2004 dated March 29, 2004 regarding the Approval for the Initial Listing
of Shares of PT Adira Dinamika Multi Finance Tbk, the number of shares in the Public Offering of Shares
registered on March 31, 2004 and the composition of shareholders and the composition of share ownership
in the Company are as follows:
Number of Nominal Value Percentage
Description
Shares (IDR Thousand) (%)
Authorized Capital 4,000,000,000 400,000,000
Issued and Fully Paid:
- Theodore Permadi Rachmat 810,000,000 81,000,000 81.0
- Stanley Setia Atmadja 90,000,000 9,000,000 9.0
- Public (each with ownership under 5%) 100,000,000 10,000,000 10.0
Amount of Issued and Fully Paid Capital 1,000,000,000 100,000,000 100.0
Shares in Portepel 3,000,000,000 300,000,000
The Company’s shares were registered and offered for the first time to the public on March 31, 2004, listed on
the BEJ and BES (and later merged into the Indonesia Stock Exchange (IDX) with the Issuer code ADMF in
the amount of 100,000,000 shares, with an initial price of IDR2,325 per share from the total number of shares
issued of 1,000,000,000 shares.
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2004
Furthermore, in accordance with BES Announcement No. JKT-166/LIST-PENG/BES/IV/2004 dated April 13,
2004, which announced the Company’s report based on Letter No.080/ADMF/CS/IV/04 dated April 13, 2004
concerning Information Disclosure in Relation to the Acquisition of PT Adira Dinamika Multi Finance Tbk Shares
on April 8, 2004, Bank Danamon Indonesia conducted takeover through the Direct Placement mechanism of
750,000,000 shares in the Company or the total nominal value of IDR75,000,000,000 or representing 75.0% of
the total shares issued by the Company, from Theodore Permadi Rachmat and Stanley Setia Atmadja based
on CSPA dated January 26, 2004, so that the composition of shareholders and composition of share ownership
in the Company changed to the following:
Number of Nominal Value Percentage
Description
Shares (IDR Thousand) (%)
Authorized Capital 4,000,000,000 400,000,000
Issued and Fully Paid:
- Bank Danamon Indonesia 750,000,000 75,000,000 75.0
- Theodore Permadi Rachmat 135,000,000 13,500,000 13.0
- Stanley Setia Atmadja 15,000,000 1,500,000 2.0
- Public (each with ownership under 5%) 100,000,000 10,000,000 10.0
Amount of Issued and Fully Paid Capital 1,000,000,000 100,000,000 100.0
Shares in Portepel 3,000,000,000 300,000,000
Furthermore, according to BES Announcement No. JKT-160/LIST-PENG/BES/I/2005 dated January 12, 2005,
which announced the Company’s report based on Letter No.002/ADMF/CS/I/05 dated January 10, 2005,
Mega Value Profits Limited purchased 150,000,000 shares of the Company, consisting of 135,000,000 shares
belonging to Theodore Permadi Rachmat and 15,000,000 shares owned by Stanley Setia Atmadja, as well as
taking a portion of public share ownership of 24,193,500 shares on October 5, 2004. Therefore, the composition
of shareholders and the composition of share ownership in the Company at the end of 2004 were as follows:
Number of Nominal Value Percentage
Description
Shares (IDR Thousand) (%)
Authorized Capital 4,000,000,000 400,000,000
Issued and Fully Paid:
- Bank Danamon Indonesia 750,000,000 75,000,000 75.0
- Mega Value Profits Limited 174,193,500 17,419,350 17.4
- Public (each with ownership under 5%) 75,806,500 7,580,650 7.6
Amount of Issued and Fully Paid Capital 1,000,000,000 100,000,000 100.0
Shares in Portepel 3,000,000,000 300,000,000
2009
In the 2004-2009 period, Mega Value Profits Limited increased its ownership of Adira Finance shares to 20%.
This transaction was a purchase of shares from the public through the IDX, which caused the composition of
shareholders and the composition of share ownership in the Company at the end of the first semester of 2009
to change to the following:
Number of Nominal Value Percentage
Description
Shares (IDR Thousand) (%)
Authorized Capital 4,000,000,000 400,000,000
Issued and Fully Paid:
- Bank Danamon Indonesia 750,000,000 75,000,000 75.0
- Mega Value Profits Limited 200,000,000 20,000,000 20.0
- Public (each with ownership under 5%) 50,000,000 5,000,000 5.0
Amount of Issued and Fully Paid Capital 1,000,000,000 100,000,000 100.0
Shares in Portepel 3,000,000,000 300,000,000
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On July 9, 2009, Bank Danamon Indonesia exercised its call option to purchase 20% of Adira Finance’s share
ownership, or the equivalent of 200,000,000 shares, from Mega Value Profits Limited. Due to this transaction,
Bank Danamon increased its share ownership from 75% to 95%. The total share purchase transaction amounted
to IDR1,614 billion (or IDR8,070 per share) with the purchase option premium or prepayment paid amounting
to IDR187 billion and caused the composition of shareholders and the composition of share ownership in the
Company to change to the following:
Number of Nominal Value Percentage
Description
Shares (IDR Thousand) (%)
Authorized Capital 4,000,000,000 400,000,000
Issued and Fully Paid:
- Bank Danamon Indonesia 950,000,000 95,000,000 95.0
- Public (each with ownership under 5%) 50,000,000 5,000,000 5.0
Amount of Issued and Fully Paid Capital 1,000,000,000 100,000,000 100.0
Shares in Portepel 3,000,000,000 300,000,000
2016
On January 25, 2016, Bank Danamon Indonesia released 29.2 million shares, or the equivalent of its share
ownership, to the public so that Adira Finance’s minimum number of outstanding shares can meet the
provisions as regulated by Indonesia Stock Exchange Regulation No. I-A concerning the Listing of Shares and
Equity Securities Other than Shares Issued by Listed Companies. This caused the composition of shareholders
and the composition of share ownership in the Company to change to the following:
Number of Nominal Value Percentage
Description
Shares (IDR Thousand) (%)
Authorized Capital 4,000,000,000 400,000,000
Issued and Fully Paid:
- Bank Danamon Indonesia 920,700,000 92,070,000 92.1
- Public (each with ownership under 5%) 79,300,000 7,930,000 7.9
Amount of Issued and Fully Paid Capital 1,000,000,000 100,000,000 100.0
Shares in Portepel 3,000,000,000 300,000,000
2017, 2018, 2019, 2020, 2021, 2022, and 2023
There were no transactions relating to authorized capital, issued capital, and fully paid-up capital, except for
the transactions mentioned above, which were traded normally on the stock exchange during 2017, 2018,
2019, 2020, 2021, 2022, and 2023. Furthermore, there are no members of the Board of Commissioners or the
Board of Directors of Adira Finance who own shares in the Company.
2024
Until Adira Finance’s 2024 Annual Report is published, the Company only has one type of stock securities
issued and listed on the Indonesia Stock Exchange.
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CHRONOLOGY OF OTHER
SECURITIES LISTING
Chronology of Issuance of Debt Securities and Mudharabah bonds of The Company
Interest
Effective Payment/
Debt Securities and Mudharabah bonds Letter No. Total
Statement Date Profit Sharing
Schedule
Adira Dinamika Multi Finance Bonds I Year 2003 April 23, 2003 No. S-839/PM/2003 500,000 Quarterly
Adira Dinamika Multi Finance Bonds II Year 2006 May 24, 2006 No. S-137/BL/2006 750,000 Quarterly
Adira Dinamika Multi Finance Bonds III Year 2009 May 4, 2009 No. S-3485/BL/2009 500,000 Quarterly
Adira Dinamika Multi Finance Bonds IV Year 2010 October 21, 2010 No. S-9564/BL/2010 2,000,000 Quarterly
Adira Dinamika Multi Finance Bonds V Year 2011 May 18, 2011 No. S-5474/BL/2011 2,500,000 Quarterly
Adira Dinamika Multi Finance Medium-Term - - 400,000 Quarterly
Notes I Year 2011
Adira Dinamika Multi Finance Continuing Bonds I December 9, 2011 No. S-13197/BL/2011 2,523,000 Quarterly
with Fixed Interest Rate Phase I Year 2011
Adira Dinamika Multi Finance Continuing Bonds I December 9, 2011 No. S-13197/BL/2011 1,850,000 Quarterly
with Fixed Interest Rate Phase II Year 2012
Adira Dinamika Multi Finance Continuing Bonds I December 9, 2011 No. S-13197/BL/2011 1,627,000 Quarterly
with Fixed Interest Rate Phase III Year 2011
Adira Finance Continuing Bonds II Phase I Year February 21, 2013 No. S-37/D.04/2013 2,000,000 Quarterly
2013
Adira Finance Continuing Bonds II Phase II Year February 21, 2013 No. S-37/D.04/2013 2,092,000 Quarterly
2013
Adira Finance Continuing Bonds II Phase III Year February 21, 2013 No. S-37/D.04/2013 1,500,000 Quarterly
2014
Adira Finance Continuing Bonds II Phase IV Year February 21, 2013 No. S-37/D.04/2013 1,503,000 Quarterly
2014
Adira Finance Continuing Bonds III Phase I Year June 25, 2015 No. S-279/D.04/2015 979,000 Quarterly
2015
Adira Finance Continuing Bonds III Phase II Year June 25, 2015 No. S-279/D.04/2015 1,437,000 Quarterly
2015
Adira Finance Continuing Bonds III Phase III Year June 25, 2015 No. S-279/D.04/2015 1,101,000 Quarterly
2016
Adira Finance Continuing Bonds III Phase IV Year June 25, 2015 No. S-279/D.04/2015 1,700,000 Quarterly
2016
Adira Finance Continuing Bonds III Phase IV Year June 25, 2015 No. S-279/D.04/2015 2,014,000 Quarterly
2017
Adira Finance Continuing Bonds III Phase VI Year June 25, 2015 No. S-279/D.04/2015 769,000 Quarterly
2017
Adira Finance Continuing Bonds IV Phase I Year December 4, No. S-458/D.04/2017 1,300,000 Quarterly
2017 2017
Adira Finance Continuing Bonds IV Phase II Year December 4, No. S-458/D.04/2017 1,630,000 Quarterly
2018 2017
Adira Finance Continuing Bonds IV Phase III Year December 4, No. S-458/D.04/2017 2,260,000 Quarterly
2018 2017
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Interest
Effective Payment/
Debt Securities and Mudharabah bonds Letter No. Total
Statement Date Profit Sharing
Schedule
Adira Finance Continuing Bonds IV Phase IV Year December 4, No. S-458/D.04/2017 618,000 Quarterly
2018 2017
Adira Finance Continuing Bonds IV Phase V Year 4 Desember 2017 No. S-458/D.04/2017 2,000,000 Quarterly
2019 December 4,
2017
Adira Finance Continuing Bonds IV Phase VI Year December 4, No. S-458/D.04/2017 1,192,000 Quarterly
2019 2017
Adira Finance Continuing Bonds V Phase I Year June 30, 2020 No. S-182/D.04/2020 1,300,000 Quarterly
2020
Adira Finance Continuing Bonds V Phase II Year June 30, 2020 No. S-182/D.04/2020 1,300,000 Quarterly
2021
Adira Finance Continuing Bonds V Phase III Year June 30, 2020 No. S-182/D.04/2020 1,700,000 Quarterly
2022
Adira Finance Continuing Bonds VI Phase I Year June 27, 2023 No. S-164/D.04/2023 1,700,000 Quarterly
2023
Adira Finance Continuing Bonds VI Phase II Year June 27, 2023 No. S-164/D.04/2023 1,250,000 Quarterly
2023
Adira Finance Continuing Bonds VI Phase III Year June 27, 2023 No. S-164/D.04/2023 1,600,000 Quarterly
2024
Adira Finance Continuing Bonds VI Phase IV Year June 27, 2023 No. S-164/D.04/2023 2,000,000 Quarterly
2024
Adira Finance Continuing Mudharabah bonds I February 21, 2013 No. S-37/D.04/2013 379,000 Quarterly
Phase I Year 2013
Adira Finance Continuing Mudharabah bonds I February 21, 2013 No. S-37/D.04/2013 133,000 Quarterly
Phase II Year 2014
Adira Finance Continuing Mudharabah bonds II June 25, 2015 No. S-279/D.04/2015 500,000 Quarterly
Phase II Year 2015
Adira Finance Continuing Mudharabah bonds II June 25, 2015 No. S-279/D.04/2015 86,000 Quarterly
Phase II Year 2016
Adira Finance Continuing Mudharabah bonds II June 25, 2015 No. S-279/D.04/2015 386,000 Quarterly
Phase III Year 2017
Adira Finance Continuing Mudharabah bonds III December 4, No. S-458/D.04/2017 200,000 Quarterly
Phase I Year 2017 2017
Adira Finance Continuing Mudharabah bonds III December 4, No. S-458/D.04/2017 490,000 Quarterly
Phase II Year 2018 2017
Adira Finance Continuing Mudharabah bonds III December 4, No. S-458/D.04/2017 214,000 Quarterly
Phase III Year 2018 2017
Adira Finance Continuing Mudharabah bonds III December 4, No. S-458/D.04/2017 96,000 Quarterly
Phase IV Year 2019 2017
Adira Finance Continuing Mudharabah bonds IV June 30, 2020 No. S-182/D.04/2020 200,000 Quarterly
Phase I Year 2020
Adira Finance Continuing Mudharabah bonds IV June 30, 2020 No. S-182/D.04/2020 200,000 Quarterly
Phase II Year 2021
Adira Finance Continuing Mudharabah bonds IV June 30, 2020 No. S-182/D.04/2020 300,000 Quarterly
Phase III Year 2022
Adira Finance Continuing Mudharabah bonds V June 27, 2023 No. S-164/D.04/2023 300,000 Quarterly
Phase I Year 2023
Adira Finance Continuing Mudharabah bonds V June 27, 2023 No. S-164/D.04/2023 300,000 Quarterly
Phase II Year 2023
Adira Finance Continuing Mudharabah bonds V June 27, 2023 No. S-164/D.04/2023 400,000 Quarterly
Phase III Year 2024
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 131
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SHAREHOLDERS, AFFILIATES,
SUBSIDIARIES, ASSOCIATED
ENTITIES AND JOINT VENTURES
Shareholders Credit Indonesia, Mandala Finance, and Zurich
Asuransi Indonesia, as well as its strategic partners.
Together with MUFG, its group of companies, and
strategic partners, Danamon is committed to
continuing to transform as One Financial Group, to
become a trusted financial partner that is customer-
oriented and always innovating, in order to meet the
needs of shareholders, customers, employees, and
regulators by providing comprehensive financial
solutions so they can grow together.
Danamon and its group of companies and strategic
partners also realize the importance of sustainability
as an inseparable part of community growth and
PT Bank Danamon Indonesia Tbk prosperity. Therefore, Danamon is also committed to
PT Bank Danamon Indonesia Tbk (Stock Code: supporting Indonesia to achieve net zero emissions
BDMN) was established in 1956. As of December 31, by 2060 through various progressive efforts towards
2024, Danamon managed consolidated assets of sustainable finance, decarbonization initiatives,
IDR242 trillion with its subsidiary, Adira Finance. In and green economy development. This initiative
terms of share ownership, 92.47% of Danamon shares is reflected in the Sustainable Finance Action Plan
are owned by MUFG, and the other 7.53% are owned (RAKB), which includes governance and process,
by the public. In serving customers from all business awareness and capacity building, sustainable
lines, namely Retail, Small and Medium Enterprises, financing, responsible workplace management, and
and Corporations, Danamon is supported by 863 corporate social responsibility. Each of these pillars
conventional branch offices and Sharia units, as well is designed to support sustainability principles
as branch offices and representative offices of the and ensure that every aspect of our operations
Danamon group of companies in Indonesia. contributes positively to the environment.
As a subsidiary of MUFG, which is one of the largest In addition, in running the business and to achieve
financial services groups in the world, Danamon goals in accordance with its vision and mission,
is supported by a global network of MUFG and its Danamon upholds the company value “BISA,” which
partner banks: Krungsri Bank in Thailand, Security must be implemented by all Danamon employees,
Bank in the Philippines, and VietinBank in Vietnam. management, directors, and commissioners. These
Danamon is also strengthened by the local network values include
Collaboration, Integrity, Poised to
of its group companies, namely Adira Finance, Home Serve, and Adaptive.
Affiliate Companies
Company Name Line of Business Ownership Percentage
PT Mandala Multifinance Tbk Consumer Financing 10%
PT Home Credit Indonesia Consumer Financing 9.82% of the nominal value of shares
PT Home Credit Indonesia
Subsidiaries, Associated Entities, and Joint Ventures [SEOJK C.6][GRI 2-2][GRI 2-4]
Until the financial year December 31, 2024, Adira Finance does not have any Subsidiaries, Associated Entities
and Joint Ventures.
132 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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GROUP STRUCTURE
There were no changes related to share ownership and capital structure or other changes during the reporting
period. [SEOJK C.3]
MUFG Bank.
Public
Ltd
7.53%
92.47%
(direct & Indirect)
PT Bank Danamon
Public
Indonesia Tbk
7.93%
92.07%
PT Adira Dinamika
Multi Finance Tbk
*
PT Home Credit PT Mandala
Indonesia Multifinance Tbk
9.82% 10%
* Notes: of the total nominal value of shares of PT
Home Credit Indonesia
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 133
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PUBLIC ACCOUNTANT AND PUBLIC
ACCOUNTING FIRM SERVICES
Public
Year Name of Service
Accounting Public Accounting Firm Address Service Provided
Period Accountant Fee(IDR)
Firm
2024 Imelda & Rekan Elisabeth Imelda The Plaza Office Tower, 32nd Floor Audit of the Company's 1,600,000,000
Jl. M.H. Thamrin Kav 28-30 Annual Financial
Central Jakarta 10350 Statement for the 2024
Tel: +6221 5081 8000 financial year
Fax: +6221 2992 8200/8300
Website : www2.deloitte.com
2024 Imelda & Rekan Elisabeth Imelda The Plaza Office Tower, 32nd Floor Report on the 75,000,000
Jl. M.H. Thamrin Kav 28-30 precautionary principle
Central Jakarta 10350 implementation
Tel: +6221 5081 8000 activities.
Fax: +6221 2992 8200/8300
Website: www2.deloitte.com
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NAME AND ADDRESS OF CAPITAL
MARKET SUPPORTING INSTITUTION
AND/OR PROFESSION
SECURITIES ADMINISTRATION BUREAU NOTARY
PT Adimitra Jasa Korpora Notary Office Fathiah Helmi SH
Kirana Boutique Office Graha Irama, 6th Floor, Suite C
Rukan Kirana Boutique Office Jl. HR Rasuna Said Block X-1 Kav. 1&2
Jl. Kirana Avenue III Block F3 No. 5 Kuningan, South Jakarta 12950 – Indonesia
Kelapa Gading – North Jakarta 14250 Tel: +6221 5290 7304/06
Tel: +6221 2936 5287/98 Fax: +6221 526 1136
Fax: +6221 2928 9961 Website: notaris-fathiahhelmi.com
E-mail: opr@adimitra-jk.co.id
CUSTODIAN
SECURITIES RATING COMPANY
PT Kustodian Sentral Efek Indonesia
PT Pemeringkat Efek Indonesia (PEFINDO) Indonesia Stock Exchange Building,
Panin Tower – Senayan City, 17th Floor Tower 1, 5th Floor
Jalan Asia Afrika Lot 19 Jl. Jend. Sudirman Kav. 52-53,
Jakarta 10270 South Jakarta 12190
Tel: +6221 72782380 Tel: +6221 515 2855
Fax: +6221 72782370 Fax: +6221 5299 1199
Website: www.pefindo.com Toll Free: 0800 186 5734
E-mail: corpcom@pefindo.co.id Website: www.ksei.co.id
E-mail: helpdesk@ksei.co.id
BOND TRUSTEE
PT Bank Negara Indonesia (Persero) Tbk
Gedung BNI BSD, 14th Floor,
BSD City Kav. 1 No. 5
Jalan Pahlawan Seribu, Lengkong Gudang
Serpong, South Tangerang 15310 - Indonesia
Tel: +6221 25541220
Fax: +6221 29514053
Website: www.bni.co.id
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 135
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COMPANY WEBSITE INFORMATION
Adira Finance is committed to managing the Company’s website optimally to provide the latest and most
accurate information to the wider community. Adira Finance has an official website, which can be accessed
via www.adira.co.id, which was inaugurated in 2010. The website is presented in two language options, namely
Indonesian and English.
In order to comply with authority requirements and provide information services to all stakeholders, Adira
Finance continually updates the content on the Company’s website. The Adira Finance website also meets the
information that must be posted in accordance with Article 6 of the Financial Services Authority Regulation
(POJK) No. 8/POJK.4/2015 concerning Issuer or Public Company Websites, where Issuers or Public Companies
are required to submit the following information:
1. General Information on Issuers or Public Companies: consisting of a brief history of the Company, vision and
mission, organizational structure of the Company, ownership structure of the Company, group structure
of the Company, brief profile of the Board of Commissioners, Board of Directors, Sharia Supervisory Board,
and Committee under the Board of Commissioners.
2. Information for Investors: consisting of annual reports, financial information, general meeting of
shareholders information, bond and sukuk information, dividend information, Company profile and
analyst research, information disclosure, press releases, and other related matters;
3. Corporate Governance Information: consisting of the Board of Commissioners and Board of Directors
Charter, Committee Charter under the Board of Commissioners, Internal Audit Unit Charter, Whistle
Blowing System, Anti-Bribery Policy, and other relevant information;
4. Sustainable Finance.
136 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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MANAGEMENT EDUCATION
AND TRAINING [SEOJK F.22][GRI 404-2]
Education and Training of The Board of Commissioners
Name Position Training/Seminar Name Organizer Location Date
Daisuke Ejima President International Seminar “Financing APPI Hilton Hotel, Tokyo December 13, 2024
Commissioner Challenges in The Amidst of Economic – Japan
Slowdown”
Krisna Wijaya Independent “National Seminar on Financing APPI The Raffles Hotel – January 30, 2024
Commissioner Challenges in 2024” South Jakarta
Manggi Taruna Independent “National Seminar on Financing APPI The Raffles Hotel – January 30, 2024
Habir Commissioner Challenges in 2024” South Jakarta
Eng Heng Nee Commissioner “National Seminar on Economic Outlook APPI Hotel Pullman October 1, 2024
Philip 2025” Thamrin - Jakarta
Congsin Congcar Commissioner International Seminar “Financing APPI Hilton Hotel, Tokyo December 13, 2024
Challenges in The Amidst of Economic – Japan
Slowdown”
Hafid Hadeli Commissioner “National Seminar on Economic Outlook APPI Hotel Pullman October 1, 2024
2025” Thamrin - Jakarta
Education and Training of The Board of Directors
Name Position Training/Seminar Name Organizer Location Date
I Dewa Made Susila President National Seminar "Financing Challenges APPI Raffles Hotel – January 30, 2024
Director in 2024" Jakarta
National Seminar “Grows Under the APPI The Anvaya Beach March 8, 2024
Regulation of the P2SK Law" Resort – Bali
Swandajani Gunadi Director National Seminar “Grows Under the APPI The Anvaya Beach March 6, 2024
Regulation of the P2SK Law" Resort – Bali
"National Seminar on Financing APPI Hotel Pullman June 4, 2024
Challenges amidst Geopolitical and Thamrin - Jakarta
Economic Changes"
“International Seminar on The Fed's APPI The Raffles Hotel – August 6, 2024
Interest and Enhancing Market Share Jakarta Selatan
through Technologies Transformation”
Niko Kurniawan Director National Seminar "Financing Challenges APPI Raffles Hotel – January 30, 2024
Bonggowarsito in 2024" Jakarta
National Seminar “Grows Under the APPI The Anvaya Beach March 6, 2024
Regulation of the P2SK Law" Resort – Bali
"National Seminar on Financing APPI Hotel Pullman June 4, 2024
Challenges amidst Geopolitical and Thamrin - Jakarta
Economic Changes"
Harry Latif Director National Seminar "Financing Challenges APPI Raffles Hotel – January 30, 2024
in 2024" Jakarta
“International Seminar on The Fed's APPI The Raffles Hotel – August 6, 2024
Interest and Enhancing Market Share Jakarta Selatan
through Technologies Transformation”
“National Seminar on Economic Outlook APPI Hotel Pullman October 1, 2024
2025” Thamrin - Jakarta
Denny Riza Farib Director National Seminar "Financing Challenges APPI Raffles Hotel – January 30, 2024
in 2024" Jakarta
"National Seminar on Financing APPI Hotel Pullman June 4, 2024
Challenges amidst Geopolitical and Thamrin - Jakarta
Economic Changes"
Sylvanus Gani Director “National Seminar on Economic Outlook APPI Hotel Pullman October 1, 2024
Kukuh Mendrofa 2025” Thamrin - Jakarta
Takanori Mizuno Director Financing Expert Certification LSPPI Online February 26, 2024
Sigit Hendra “National Seminar on Economic Outlook
Hotel Pullman
Gunawan Director 2025” APPI October 1, 2024
Thamrin - Jakarta
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 137
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and Analysis Responsibility
M A N AG E M E NT
DI S CU SS I O NS
A N D A N A LYS IS
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 139
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Table of Contents
Macroeconomic and Industry Outlook 142 Material Facts and Information Subsequent to Accountant’s 202
Report Date
Operational Review per Business Segment 145
Commitment and Contingency 202
Motorcycle Financing 146
Comparison of 2024 Target and Realization 203
Car Financing 148
2025 Outlook 203
Non-Automotive Financing 154
Dividend Policy 204
Operation Review per Region 157
Employee and/or Management Share Ownership Program 205
Marketing 158
Realization of Proceeds from Public Offering 205
Operations 163
Material Transactions for Investments, Expansion, 205
Human Resources 167 Divestments, Business Mergers or Acquisitions, and Debt/
Information Technology 181 Capital Restructurings
Financial Review Analysis 184 Transactions with Conflicts of Interest and Transactions with 206
Affiliated or Related Parties
Other Material Information 198
Changes to Laws and Regulations with a Significant Impact 208
Solvency 198 on The Company
Receivables Collectability 200 Changes in Accounting Principles 209
Capital Structure 201 Compliance with Tax Payments 209
Material Commitments to Capital Expenditure 202 Economic Performance 210
Realization of Capital Goods Investment for The Last Fiscal 202 Business Prospect 212
Year
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MANAGEMENT DISCUSSIONS AND
ANALYSIS
IDR 56.0
Managed Receivables
Throughout 2024, the Company adopted a more
selective financing strategy. As a result, the Company’s
new financing decreased by 12% (yoy) to IDR36.6 trillion.
On the other hand, Adira Finance recorded a 10% (yoy)
growth in non-automotive financing, reaching IDR9.8
trillion. Meanwhile, managed receivables were recorded
at IDR56.0 trillion, relatively stable compared to the
previous year. However, due to asset quality dynamics
and increasing costs—particularly funding costs driven by
increasing interest rates—the Company’s profitability was
adjusted, with net profit recorded at IDR1.4 trillion.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 141
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MACROECONOMIC AND
INDUSTRY OUTLOOK
GLOBAL ECONOMIC REVIEW
The International Monetary Fund (IMF) estimated
The global economy the global economy to grow by 3.2% (yoy) in 2024,
slightly slower than 3.3% (yoy) in 2023. The easing
continues to face uncertainty of global inflation has prompted a shift in global
in 2024. Prolonged monetary policy from tight to accommodative.
geopolitical conflicts in parts Nevertheless, geopolitical tension and worsening
of the world remain a risk, global climate conditions continue to overshadow
the global economic outlook, given their potential
alongside ongoing global to trigger price volatility in key commodities,
climate uncertainty. The particularly food and energy.
continued decline in global
inflation, particularly in In 2024, the United States (US) is estimated to have
grown at a slower pace of 2.8% (yoy), compared to
advanced economies such 2.9% (yoy) growth in the previous year. An economic
as the United States, has slowdown is also anticipated in China, with the IMF
prompted several central estimating China’s GDP to grow by 4.8% (yoy) in
banks to implement interest 2024, compared to 5.2% (yoy) in 2023. Meanwhile, in
Russia, economic growth is estimated to accelerate
rate cuts. Meanwhile, to 3.8% (yoy) in 2024, up from 3.6% (yoy) growth in
domestically, the Indonesian 2023. Similarly, the Euro Area’s economic growth
economy recorded moderate is estimated to improve to 0.8% (yoy) in 2024, up
economic growth of 5.03%
(yoy), slightly slowing down
compared to 5.05% (yoy) in
2023.
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from 0.4% (yoy) in the prior year. On the other hand, On the currency front, the Rupiah weakened against
Japan’s economy is estimated to contract by 0.2% the US dollar, from IDR15,439 per USD at the end of
(yoy) in 2024, after expanding by 1.5% (yoy) in 2023. 2023 to IDR16,157 per USD by the end of 2024.
DOMESTIC ECONOMIC REVIEW INDUSTRY REVIEW
Domestically, the Indonesian economy grew by Overall, the automotive industry faces challenges in
5.03% (yoy) in 2024, slightly slower than 5.05% (yoy) 2024, particularly in the four-wheeler segment. Data
in 2023. This was in line with the IMF’s estimate that from the Association of Indonesian Automotive
Indonesia’s economy grew by 5.0% (yoy) in 2024 as Industries (Gaikindo) indicates that wholesale sales
well as within Bank Indonesia’s (BI) projection range of four-wheel vehicles (4W) declined significantly
of 4.7% to 5.5% (yoy). It was lower however, compared by 14.1% (yoy) compared to 2023, reaching 864.2
to the Ministry of Finance’s forecast of 5.2% (yoy). thousand units. Conversely, according to data from
the Indonesian Motorcycle Industry Association
As of the end of 2024, the data published by Statistics (AISI), wholesale sales of two-wheeler (2W) vehicles
Indonesia (BPS) shows that Indonesian GDP has experienced a slight increase of 1.5% (yoy) compared
expanded by 5.03% (yoy) to IDR12,920 trillion in 2024 to 2023, rising to 6.3 million units from the previous
from IDR12,301 trillion in 2023. A closer look at the 6.2 million units. Several factors have contributed
GDP data unveils that household consumption - the to the decline in vehicle demand, particularly
biggest contributor to GDP – has increased by 4.9% in the 4W segment, including the weakening
(yoy) in 2024, while gross fixed capital formation of consumer purchasing power driven by rising
– the second-biggest contributor to GDP – has interest rates, increasing prices of basic necessities,
expanded by 4.6% (yoy) from the previous year. declining commodity prices, and decreasing job
Moreover, exports grew 6.5% (yoy) and imports grew opportunities. In addition, the increase in vehicle
higher at 8.0% (yoy). As a result, net trade of goods prices that exceeds the increase in income is also a
and services has decreased by just 0.1% (yoy) in 2024. factor that influences the decline in car sales.
On the other hand, Government consumption has
increased by 6.6% (yoy) to IDR957 trillion in 2024. In the financing industry, data from the Financial
Services Authority (OJK) shows that financing
In response to the moderation of headline inflation, receivables grew by 6.9% (yoy) to IDR503.4 trillion
Central Banks around the world have started to from IDR470.9 trillion in 2023.
shift their monetary policy stance from tight to
accommodative. Last September, the US Federal
Reserve initiated its rate-cutting by reducing the
federal funds rate (FFR) by 50 basis points (bps),
followed by two more 25-bps cuts in November and
December. Bank Indonesia also lowered interest
rate by 25 to 6.00% in September, but opted to
maintain the rate in subsequent meetings.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 143
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Composition of net financing receivables as of December 31st 2024
2021 34% 8% 57% 4%
2022 34% 10% 52% 5%
2023 34% 10% 52% 5%
2024 34% 10% 51% 5%
0% 20% 40% 60% 80% 100%
Investment Working Capital Multipurpose Sharia Financing
In terms of asset quality, the Non-Performing Financing (NPF) ratio increased to 2.7% in December 2024 from
2.4% at the end of 2023. Meanwhile, Return on Assets (ROA) and Return on Equity (ROE) declined to 5.1% and
13.9%, respectively, as of the end of 2024, compared to their previous positions at the end of 2023, which stood
at 5.6% and 14.9%.
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OPERATIONAL REVIEW PER
BUSINESS SEGMENT
In line with its customer-centric business strategy, Adira Finance
continues to be committed to providing sustainable customer-
oriented services through product and service innovations that
meet the needs of all its customers. In addition, in line with
changing consumer preferences towards digital, the Company
is investing in sustainable digitalization development to support
leaner and faster financing distribution.
As one of the largest financing companies in Indonesia, Adira Finance offers a wide range of products from
the automotive and non-automotive segments. Adira Finance has been experienced in the automotive
business for more than 3 decades and offers automotive financing for the motorcycle and car segments,
both new and used, for various brands. Meanwhile, Adira Finance has also expanded its offerings to the non-
automotive sector, including multipurpose financing through the “Solusi Dana” product, heavy equipment
financing, and others. To meet the diverse needs of customers, Adira Finance also offers conventional and
sharia financing options.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 145
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Business Overview
MOTORCYCLE FINANCING
Description of the Motorcycle Financing Motorcycle Financing Strategy and Policy
Business Segment To optimize the potential of the domestic financing
For over 30 years, Adira Finance has consistently market, Adira Finance provides financing facilities
built and maintained a strong reputation for quality for the purchase of new and used motorcycles.
service and customer satisfaction. Our commitment At the same time, Adira Finance is also aware
to presenting various products and providing the that customers within the motorcycle financing
best financing services reflects our dedication to segment are relatively more sensitive to volatilities
maintaining our position as a leading financing in purchasing power and the economic situation
company in Indonesia. amidst prolonged periods of high interest rates,
which continued to persist in 2024.
Adira Finance continues to innovate and develop
its products to meet the evolving financing In 2024, domestic wholesale motorcycle sales
needs of the community. Adira Finance provides experienced a slight increase of 1.5% (yoy) to 6.3
two financing options to meet diverse customer million units from 6.2 million units in 2023. Motorcycle
preferences: conventional and sharia. sales, which only experienced a slight increase in
2024, were due to weakening public purchasing
In 2024, the contribution of motorcycle financing power and high interest rates throughout the year.
at Adira Finance represented 38% of the total new
financing portfolio. This percentage contribution is
relatively stable compared to 2023, which was 37%.
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Throughout 2024, Adira Finance has implemented In 2024, Adira Finance will continue to provide
several strategies and policies to help boost financing for environmentally friendly products,
motorcycle financing, especially amidst the subdued including electric motorcycles. As of December
performance of the industry. Among the strategies 2024, the Company has recorded electric motorcycle
and policies were conducting routine evaluations financing distribution of IDR72.2 billion. The
and reviews of performance over the motorcycle Company sees strong growth potential in electric
financing in each region to ensure the competition’s vehicle financing, driven by increasing public
relevance and optimize the Company’s business awareness of green living, the availability of various
development potential. electric vehicle brands, and Government incentives
designed to boost demand. Therefore, the Company
The Company has also continued its prudent risk remains committed to developing sustainable
management by implementing strategic steps finance and will continue to offer financing for
such as providing segmented financing based on various environmentally friendly products, such as
the Company’s risk profile while also prioritizing electric motorcycles.
financing for existing customers. The intensity of
collection management has been increased as well,
which includes reminders, desk collection, and field
collectors; ensuring the adequacy of the collection
team’s capacity; and increasing the intensity of
necessary legal action to optimize recoveries.
14.1
Adira Finance has diversified its
IDR portfolio by financing various
trillion motorcycle brands, for both new and
In 2024 Adira Finance used. New motorcycles represent 89%
has disbursed new of the total motorcycle financing,
motorcycle financing
whereas the remaining portion is used
amounting to IDR14.1
trillion.
motorcycles.
Along with the shift in consumer preferences Performance and Revenue of the
towards online transactions and the ongoing Motorcycle Financing Segment
development of digital technology in the financing In 2024, Adira Finance has disbursed new financing
industry, Adira Finance continues to pursue for motorcycles at IDR14.1 trillion, which consisted of
digital development in 204. The Company’s digital financing for new motorcycles amounted to IDR12.5
platforms, such as momotor.id, moservice.id, and trillion and for used motorcycles amounted to IDR1.6
Adiraku and Danadira mobile applications continue trillion. The following is the detailed information
to strengthen Adira’s online presence by providing regarding the composition of Adira Finance’s
complete digital services to Adira customers. financing for new and used motorcycles in 2022-
2024.
Financing for New and Used Motorcycles
Contribution of Business Segment 2022 2023 2024
New Motorcycles
New Financing (thousand unit) 429 602 537
Amount of New Financing (IDR Trillion) 9.3 13.4 12.5
Growth of Total Financing (1.4%) 44.3% (6.7%)
Average Annual Effective Interest Rate 31%-35% 31%-35% 31%-35%
Used Motorcycles
New Financing (thousand unit) 128 137 106
Amount of New Financing (IDR Trillion) 1.9 2.1 1.6
Growth of Total Financing 23.5% 10.5% -23.8%
Average Annual Effective Interest Rate 36%-40% 37%-41% 38%-42%
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Adira Finance has diversified its portfolio by providing financing for various brands of motorcycles for new
and used motorcycles. Based on its brands, the performance of the motorcycles segment during 2022-2024
is outlined below:
Motorcycle Segment Performance Based on Brands
2022 2023 2024
Description thousand thousand thousand
IDR Bn. IDR Bn. IDR Bn.
units units units
New Motorcycles
Honda 294 5,896 446 9,333 395 8,706
Yamaha 111 2,591 130 3,197 121 3,114
Suzuki 2 31 2 42 2 34
Kawasaki 8 288 5 211 3 111
Others 14 471 19 604 17 527
Total New Motorcycles 429 9,277 602 13,387 537 12,491
Total Used Motorcycles 128 1,903 137 2,128 106 1,608
Total Motorcycles 557 11,180 739 15,515 643 14,099
In 2024, Adira Finance recorded new financing worth IDR14.1 trillion for the motorcycle segment, down 9.1%
(yoy) from IDR15.5 trillion in 2023. Revenue from this segment was IDR4.0 trillion in 2024, an increase of 7.3%
(yoy) from IDR3.8 trillion in 2023. This segment recorded a net profit of IDR1.5 trillion in 2024, down 8.0% (yoy)
from IDR1.6 trillion in 2023. Meanwhile, the segment’s assets decreased by 1.1% (yoy) to IDR10.8 trillion from
IDR11.0 trillion in 2023, while the segment’s liabilities grew by 5.9% (yoy) to IDR7.2 trillion in 2024 from IDR6.8
trillion in 2023.
The performance of the motorcycle financing segment during 2022-2024 is outlined in the following chart:
Motorcycle Financing Chart
(in IDR trillion)
4.0
1.5
2024
10.8
7.2
3.8
1.6
2023
11.0
6.8
3.1
1.4
2022
7.7
4.0
0 2.0 4.0 6.0 8.0 10.0 12.0
Revenues Net Profit Assets Liabilities
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Business Overview
CAR FINANCING
Car Financing Business Segment interest rates, increasing prices of basic necessities,
In the four-wheeler vehicle financing segment, declining commodity prices, and decreasing job
Adira Finance provides financing for both new and opportunities. In addition, the increase in vehicle
used, passenger and commercial cars. Moreover, prices that exceeds the increase in income is also a
similar to the two-wheeler segment, Adira Finance factor that influences the decline in car sales.
also offers two financing systems: conventional and
sharia financing. Car Financing Strategy and Policy
In 2024, Adira Finance adopted various strategies
In 2024, domestic car wholesale sales experienced a and policies to enhance the performance of
significant decline of 14.1% (yoy) to 864.2 thousand its automotive financing segment. Among the
units from 1,006 thousand units in 2023. Sales of strategies implemented by the Company are
new cars for the passenger car category decreased sharpening the segmentation of automotive
by 13.8% (yoy) from 779 thousand units in 2023 financing, both in terms of consumers, products,
to 672 thousand units in 2024. Meanwhile, sales and partners (dealers), to align with the Company’s
of new cars in the commercial car category also aspirations; providing financing products based
recorded a decline of 14.9% (yoy) from 226 thousand on risk profiles; providing new product innovation
units in 2023 to 193 thousand units in 2024. The to target the upper-middle class segment; and
decline in new car sales was due to the weakening collaborating with new OEM brands to achieve
of consumer purchasing power driven by rising better penetration in the automotive financing
business.
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In 2024, Adira Finance will continue to provide financing for environmentally friendly products, including
electric car. As of December 2024, the Company has recorded electric car financing distribution of IDR307.4
billion. The Company sees strong growth potential in electric vehicle financing, driven by increasing public
awareness of green living, the availability of various electric vehicle brands, and Government incentives
designed to boost demand. Therefore, the Company remains committed to developing sustainable finance
and will continue to offer financing for various environmentally friendly products, such as electric car.
Performance and Revenue of the Car Financing Segment
In 2024, the car financing segment represent 35% of Adira Finance’s total new financing portfolio, lower
than 41% in 2023. This decline is in line with the weakening conditions of the automotive industry and also
challenging economic conditions.
Total new financing for the car segment reached IDR12.8 trillion in 2024, decreasing by 25.7%, (yoy) from
IDR17.2 trillion in 2023. The contribution of financing for the passenger car and commercial car categories was
62% and 38% respectively of total car financing.
IDR 12.8
trillion
Adira Finance has diversified its
portfolio by financing various car
In 2024 Adira Finance
brands for both new and used
has disbursed cars. The composition of new
new car financing cars represents 66% of total car
amounted to IDR12.8 financing, whereas the remaining
trillion.
portion is accounted for used cars.
Regarding segment revenue, Adira Finance recorded revenue of IDR2.3 trillion in 2024, 6.6% lower (yoy)
compared to IDR2.5 trillion in 2023. In terms of net profit, the Company recorded IDR448.2 billion in 2024,
down 52.5% (yoy) compared to IDR942.8 billion in 2023. Meanwhile, assets from the car financing segment
also decreased by 7.1% (yoy) from IDR12.9 trillion in 2023 to IDR12 trillion in 2024, and segment liabilities also
slightly reduced by 1.1% (yoy), from IDR7.9 trillion in 2023 to IDR7.8 trillion in 2024.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 151
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The following table outlines the performance of Adira Finance’s new and used car financing disbursements
for 2022-2024:
Financing for New and Used Cars
Contribution of Business Segment 2022 2023 2024
New Cars
New Financing (thousand unit) 42 50 35
Amount of New Financing (IDR Trillion) 9,400 11,800 8,400
Growth of Total Financing 70.4% 25.2% (28.6%)
Average Annual Effective Interest Rate 13%-17% 13%-17% 13%-17%
Used Cars
New Financing (thousand unit) 34 40 32
Amount of New Financing (IDR Trillion) 4,200 5,400 4,300
Growth of Total Financing 28.7% 28.1% (19,4%)
Average Annual Effective Interest Rate 18%-22% 18%-22% 18%-22%
The following table outlines new car financing by brand in 2022-2024:
Car Segment Performance Based on Brands
2022 2023 2024
Description thousand thousand thousand
IDR Bn. IDR Bn. IDR Bn.
units units units
New Cars
Daihatsu 18 2,871 21 3,509 14 2,401
Mitsubishi 6 198 7 2,476 5 1,7610
Toyota 3 31 4 985 3 726
Suzuki 6 288 7 1,136 5 772
Honda 3 559 4 829 3 656
Others 7 7 2,872 5 2,130
Total New Motorcycles 42 9,434 90 11,808 35 8,425
Total Used Motorcycles 34 4,202 40 5,382 32 4,340
Total Motorcycles 76 13,637 90 19,190 67 12,765
The performance of the car financing segment during 2022-2024 is outlined in the following chart:
Car Financing Chart
(in IDR trillion)
2.3
0.4
2024
12.0
7.8
2.5
0.9
2023
12.9
7.9
2.4
1.1
2022
11.5
6.1
0 4.0 6.0 8.0 10.0 12.0 14.0
Revenues Net Profit Assets Liabilities
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Business Overview
NON-AUTOMOTIVE FINANCING
Segment Description segment is aiming at expanding the Company’s
Adira Finance continues to innovate by expanding financing business network into non-automotive
into non-automotive segments, including multi- financing, which makes the segment as a key
purpose financing through the “Solusi Dana” segment for Adira Finance’s business development.
product, heavy equipment, and others. This
expansion is a diversification strategy to mitigate Among the strategies and policies implemented
or reduce the risks of business concentration that by the Company throughout 2024 is to continue
arise when the automotive industry is weakening, to make internal improvements to enhance
as happened in 2024. In November 2024, Adira business processes, including increasing the use of
Finance launched a multi-purpose financing technology to expand consumer reach.
product, namely “Solusi Dana,” which is a multi-
purpose financing product with a guarantee of a Previously, the Company had a mobile application,
Motor Vehicle Ownership Certificate (BPKB) that namely Adiraku, which allows customers to apply
allow customers to meet various financial needs, for multipurpose loans online. Then in 2024,
ranging from education, home renovation, to the Company launched the mobile application
business capital. “Danadira” which is an application for instant
funding financing from Adira Finance, all processes
Non-Automotive Financing Strategies and of which are carried out digitally and directly from
Policies mobile phones, starting from financing applications
In line with Adira Finance’s roadmap of business to cash disbursements, as well as installment
strategic direction, the non-automotive financing payments.
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The ongoing digital business transformation in this In this segment, Solusi Dana financing represents
segment aims to improve operational efficiency 92% of all non-automotive financing, while the
and achieve competitive advantage. In addition, remaining 8% is in the form of heavy equipment and
the Company will also always maintain asset other financing.
quality in the non-automotive segment through
the implementation of prudent risk management Segment revenue in 2024 increased by 16.8% (yoy) to
principles. IDR1.7 trillion from IDR1.4 trillion in 2023. Along with
the increase in revenue, net profit also increased by
Performance and Revenue of the Non- 5.2% (yoy) in 2024 to IDR742.1 billion compared to
Automotive Financing Segment IDR705.2 billion in 2023. In terms of assets, the asset
In 2024, Adira Finance has distributed new financing position grew from IDR3.9 trillion to IDR5.2 trillion in
in the non-automotive segment amounting to 2024, or up 33.7% (yoy); while segment liabilities also
IDR9.8 trillion, an increase of 10% (yoy) compared increased significantly by 46.9% (yoy) from IDR2.5
to the IDR8.8 trillion that was distributed in 2023. trillion in 2023 to IDR3.6 trillion in 2024.
Adira Finance is committed to
continuously providing financing
solutions that meet consumers’
IDR 9.8
trillion
needs at every stage of their lives.
This commitment is reflected in the
In 2024 Adira Finance
offering of non-automotive financing,
has disbursed new which enables the Company to reach a
financing for non- broader customer segment. Additionally,
automotive segment non-automotive financing supports
of IDR9.8 trillion.
sustainable business growth by
helping to mitigate risks that are overly
concentrated in the automotive sector.
The following is the performance of the non-automotive financing business segment in 2022-2024:
Non-Automotive Financing Chart
(in IDR trillion)
1.7
0.7
2024
5.2
2.4
1.4
0.7
2023
3.9
1.7
1.1
0.4
2022
3.0
1.2
0 1.0 2.0 3.0 4.0 5.0 6.0
Revenues Net Profit Assets Liabilities
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The more detailed income per business segment information can be found in note no. 48 on operating
segments in the 2024 Audited Financial Statements.
REVENUE AND PROFIT OF BUSINESS SEGMENTS
Adira Finance conducts its business activities and identifies the segments according to product type and
geographical areas. The profit or loss of each segment is used as the basis for each segment’s performance
assessment.
Information regarding the primary business segment for the period of 2022-2024 based on product type is
shown below:
Primary Business Segments Based on Product Type
(in IDR Billion)
Motorcycles Cars Durable Goods and Others
Description
2022 2023 2024 2022 2023 2024 2022 2023 2024
Consumer financing 2,456.4 2,883.4 3,085.5 1,920.6 1,873.2 1,686.4 996.7 1,285.3 1,419.0
income
Murabahah margin 687.9 883.3 955.6 475.1 567.4 582.3 32.2 32.0 23.6
Financing leases 0.7 0.5 0.4 39.7 50.9 57.9 27.9 96.5 208.2
income
Interest expenses (243.1) (360.4) (504.2) (360.6) (471.4) (570.9) (82.3) (137.9) (207.5)
and financing
charges
Sharia revenue (12.4) (13.5) (27.5) (16.0) (15.9) (33.3) (0.8) (0.6) (0.7)
sharing for
mudharabah bonds
Income for the 1,442.1 1,613.2 1,484.8 1,057.9 942.8 448.2 426.3 705.2 742.1
period
Provision for (603.5) (936.2) (1,201.4) (478.1) (519.8) (745.2) (174.1) (191.7) (279.1)
impairment losses
Assets 7,701.5 10,962.7 10,839.0 11,537.8 12,888.1 11,976.6 3,006.6 3,880.5 5,187.9
Liabilities 4,014.8 6,755.2 7,154.3 6,140.6 7,924.2 7,837.2 1,724.6 2,473.0 3,631.9
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OPERATION REVIEW
PER REGION
OPERATIONAL PERFORMANCE BY GEOGRAPHICAL AREA
Adira Finance divides its business segments geographically into several operating areas comprising
Jabodetabekser (Greater Jakarta Metropolitan Area), West Java, Central Java, East Java, Sumatra, Kalimantan,
Sulawesi, Bali and Nusa Tenggara. By the end of Desember 2024, Adira Finance has managed 508 business
networks, including sharia branches spread across several regions in Indonesia.
Operational Performance by Geographical Area
(in IDR Billion)
Java* Jabodetabekser Sumatra
Description
2022 2023 2024 2022 2023 2024 2022 2023 2024
Operating income** 1,629.0 1,810.1 1,933.2 1,628.3 1,940.9 2,106.3 1,446.4 1,696.2 1,675.5
Interest expenses & (154.4) (211.3) (304.0) (134.0) (227.4) (359.6) (168.7) (232.9) (103.0)
financing charges***
Income for the 691.4 708.2 586.8 880.1 978.6 836.8 578.1 684.1 136.7
period
Assets 4,607.6 6,155.5 6,372.9 4,812.1 7,243.2 7,860.1 5,328.3 6,100.1 2,152.3
Liabilities 2,442.1 3,769.0 4,183.8 2,665.4 4,496.2 5,266.0 2,856.9 3,767.4 1,417.1
Kalimantan Sulawesi Bali & Nusa Tenggara
Description
2022 2023 2024 2022 2023 2024 2022 2023 2024
Operating income** 547.5 678.3 735.5 1,105.5 1,148.3 1,096.4 280.3 398.8 471.9
Interest expenses & (63.1) (86.6) (106.6) (161.0) (184.7) (214.2) (33.9) (56.6) (78.8)
financing charges***
Income for the 224.8 271.0 264.5 469.5 487.8 333.5 115.5 189.9 217.5
period
Assets 1,967.4 2,357.9 2,210.7 4,575.2 4,480.6 4,113.8 1,179.3 1,680.2 1,832.8
Liabilities 1,046.7 1,475.9 1,503.4 2,245.1 2,643.0 2,599.1 654.5 1,044.5 1,220.0
*) Consisting of West Java, Central Java, and East Java
**) Consisting of consumer financing income, mudharabah margin, and financing lease income
***) Including revenue sharing for mudharabah bonds
As of the end of December 2024, Java (Java and Jabodetabekser) continued to be the biggest contributor
of all geographic areas with 50.4% of total operating revenue, 56.9% of total interest expenses & financing
charges, 56.9% of the income for the year, 60% in assets and 58% of the liabilities of Company’s total portfolio.
The significant contribution of Java is due to its vital role in the Indonesian economy and high population
concentration in comparison to other islands in Indonesia, making it the most dominant financing market in
Indonesia.
Note 48 of the 2024 audited financial statement presents a more detailed revenue breakdown by geographical
area, which is an integral part of this annual report.
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MARKETING
MARKET ANALYSIS AND BUSINESS
COMPETITION
To boost new financing in In 2024, the dynamics of the global and domestic
both the automotive and non- economy face various challenges influenced by
automotive segments while several key factors, such as prolonged inflation,
increasingly tight monetary policies, declining
strengthening customer
productivity in leading business sectors, and rising
retention, Adira Finance geopolitical uncertainty. The combination of these
has adopted a customer- factors creates pressure on various sectors, including
centric marketing strategy. the automotive and financing industries.
By integrating data analytics,
the Company is able to In general, the automotive industry faced challenges
in 2024, particularly in the four-wheeled vehicle
optimize product design,
segment. Data from the Indonesian Automotive
conduct more targeted market Industry Association (Gaikindo) shows that new four-
segmentation, and execute wheeled vehicle retail sales fell significantly by 11%
effective marketing campaigns. (yoy) to 890 thousand units. Meanwhile, according
Additionally, Adira Finance to data from the Indonesian Motorcycle Industry
is investing in employee skill Association (AISI), new two-wheeled vehicle retail
sales increased by 5% (yoy) to 6.3 million units from
development and productivity,
the previous 6.0 million units in 2023.
creating a strong foundation
to drive sustainable business
growth.
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The financing industry continued to grapple with DIGITAL INNOVATION [SEOJK F.26]
intense competition in 2024. Based on data from Continuing the digital transformation that the
the Financial Services Authority (OJK), the number Company has been undertaking for the past five
of financing institutions at the end of December years, the Adiraku app has become the primary
2024 experienced a slight decline to 146. digital service for Adira Finance customers to access
contract details, payment history, make online
MARKET POSITIONING installment payments, and obtain various benefits
To ensure Adira Finance remains a dominant force in the form of discount offers from automotive and
in the financing industry, the Company continues non-automotive partners. Customers can also earn
to position itself as one of the largest financing Adirapoints that can be exchanged for installment
companies in the automotive sector. The Company payment discounts or various attractive vouchers
offers financing services for both new and used such as phone credit, electricity vouchers, food and
motorcycles and cars from various brands to meet beverages, or shopping vouchers within the Adiraku
customer needs more comprehensively. app, including being exchanged for the Undian
Harcilnas and Undian Umrah Untuk Sahabat. All
In 2024, Adira Finance started to expand its business these support customer retention efforts to increase
reach into the non-automotive sector. This step was loyalty to Adira Finance products and services.
taken as an effort to mitigate potential risks arising
from the dominant concentration in the automotive The Company provides the digital platforms
sector. Through the #diModalin program, Adira Momobil.id and Momotor.id, which are also
Finance offers multi-purpose financing such as connected to the Adiraku application to support the
Dana Solusi for various customer needs based automotive financing business. These sites offer a
on their life cycles. This program also serves as a variety of new and used cars and motorcycles from
way for the Company to acquire new customers, dealers who partner with Adira, allowing for online
thus leading to the expansion of Adira Finance’s unit ordering and credit applications. Additionally,
customer base. there is the Moservice platform which offers various
benefits from the automotive ecosystem such as
Adira Finance provides practical and flexible workshops and car/motorcycle accessories needed
financing access, covering both digital and non- by customers who own motor vehicles.
digital services. Additionally, the Company is a
pioneer in innovation and digitalization development On the non-automotive business side, the Company
within the financing industry. Currently, Adira is also developing the Danadira app which will
Finance operates digital platforms such as momobil. offer digital cash loans to consumers. All financing
id and momotor.id for the automotive market, as applications submitted through Danadira will be
well as Adiraku for customer services and retention. processed digitally so that consumers can get faster
Moreover, the Company is developing the Danadira approval and disbursement of funds.
application to offer cash loan services to consumers.
To complete the provision of other digital financial
As of the end of December 2024, Adira Finance solutions, the Company has also partnered with
has 508 business networks spread throughout Zurich Insurance Indonesia and Zurich General
Indonesia, serving 2.0 million customers. Out of Takaful Indonesia to offer various conventional and
these, there were 42 sharia branches and 68 sharia sharia insurance products with online purchases
kiosks/satellites, which reflected the Company’s through the Adiraku app. In addition, the Company
presence for consumers seeking sharia-based has partnered with Bank Danamon for the use of
financing. D-wallet for installment payments in Adiraku and the
Banking-as-a-Service installment payment service
through Adiraku for Bank Danamon customers.
By the end of December 2024, Adiraku application
has been downloaded for 4.5 million times with 1.6
million registered users.
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MARKETING STRATEGY IN 2024 • Collaboration with Bank Danamon, Zurich
Asuransi Indonesia, and Asuransi Manulife in
Marketing strategies in 2024 has revolved around providing non-financing financial products
the same customer-centric principle used as the such as Tabungan Danamon Adira, KPM Prima,
core of Adira Finance’s business strategic direction. and several insurance products such as general
The Company is also focusing on products that insurance and life insurance which have been
have healthy growth and better profitability, such custom-tailored to meet the needs of Adira’s
as multi-purpose financing, through campaigns customers.
like #SahabatDanaTunai across various marketing • Undian Umrah Untuk Sahabat Program which
channels, to reduce dependence on the automotive provided as the grand prize and door prize
market which has stagnated in 2024. for customers applying for financing through
various exhibition programs and Adirapoin
The Company has started implementing a stronger redemption via the Adiraku app.
customer relationship management (CRM) and • Conducting direct selling to consumers through
telesales approach to improve customer retention, various exhibition activities such as SOBAT EXPO
especially through refinancing schemes for in some cities in Indonesia, to market Adira
customers whose automotive financing is nearing Finance’s products closer to the public and
maturity. potential customers.
• Improving customer loyalty by continuing the
To maintain its position in the automotive market, Adirapoin program available at the Adiraku
the Company’s marketing initiatives are focused mobile application. Undian Harcilnas (Harinya
on strengthening its existing market share and Cicilan Lunas) as a part of Adirapoin Customer
expanding it through various attractive programs Loyalty Program offers the grand prize of
for both customers and dealers. In the bankable full repayment and and consolation prizes of
consumer segment, to increase its penetration, month’s loan settlement.
Adira Finance has partnered with Bank Danamon • Festival Pasar Rakyat (FPR) as Adira Finance’s
to market KPM Prima, which offers attractive and endeavor to build closer relationships with
competitive interest rates for mid-to-high-end MSMEs and support the development of
vehicles. microenterprises in Indonesia.
Sustainable financing is also an important MARKETING EXPENSES
marketing theme for Adira Finance in 2024. The
Company is determined to become one of the Throughout 2024, Adira Finance spent IDR625.0
market leaders in electric vehicle financing by billion on marketing expenses, relatively stable
strengthening its presence through participation in compared to 2023. Despite the market condition
large-scale automotive exhibitions and organizing has become increasingly competitive, the Company
exclusive events. This effort is supported by strategic has maintained its allocation of efficient marketing
partnerships with various electric car and motorcycle expenses to support its marketing initiatives to
brands to increase visibility and competitiveness in strengthen its market position.
the industry.
For 2025, Adira Finance projected marketing
The following are some of the strategic marketing expenses allocation is to be adjusted according to
activities conducted in 2024: the Company’s expansion and product innovation
• Indonesia International Motor Show (IIMS) needs.
2024 in Jakarta and Surabaya, as one of the
main sponsors and participants of the event MARKET SHARE
with MUFG and Bank Danamon. The theme
highlighted in this event was environmentally In 2024, Adira Finance demonstrated a stable market
friendly vehicles. share performance despite intensifying competition
• #Sahabat Dana Tunai Campaign to market in the financing industry. As of December 2024,
multipurpose financing that caters to a broader Adira Finance held approximately 4.0% of the new
range of consumer needs throughout their life car market share and 8.5% of the new motorcycle
cycle, such as education, weddings, healthcare, market share. Additionally, the company contributed
home renovations, business capital, and other about 9% to the total outstanding receivables in the
financing needs. financing industry, indicating a significant position
in the Indonesian financing market.
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The changes in Adira Finance’s market share in 2024 were influenced by several key factors, including:
a) The prevailing global and domestic economic challenges, coupled with declining consumer purchasing
power, were the primary factors affecting Adira Finance’s automotive market share. In response to these
conditions, Adira Finance needed to adapt by continually strengthening its product diversification
strategy, optimizing financing for a broader market segment, and investing in digitalization to facilitate
consumer access and service.
b) With the growing interest in environmentally friendly vehicles, Adira Finance recorded a significant
increase in electric vehicle financing.
c) The introduction of the Solusi Dana financing product played a role in expanding the company’s market
share, given the increasing number of consumers seeking flexible financing solutions for various needs,
such as education, home renovations, and business capital.
d) Strategic collaborations with Bank Danamon and MUFG Group further supported the increase in
automotive market share in the upper-middle segment, as well as cross-selling opportunities.
Information regarding Adira Finance’s market share for the past three years is described below:
Description Target 2024 Realization 2024 Projection 2025
Distribution of New Financing (IDR trillion) 41.6 36.6 12% - 14%
Financing of Automotive (IDR trillion) 30.6 26.9 5% - 7%
Financing of Non Automotive (IDR trillion) 10.9 9.8 25% - 30%
Market Share of New Motorcycles ±8.0% 8.5% ±9.0%
Market Share of New Cars ±4.0% 4.0% ±4.0%
MARKETING TARGET, REALIZATION AND PROJECTION
To implement its marketing strategy, Adira carried out marketing planning and control. Adira Finance’s results
in 2024 compared to their projected targets are presented on the following table along with the Company’s
projections for 2025:
Information regarding Adira Finance’s market share (2022-2024)
Description 2022 2023 2024
Assets Industry (IDR trillion) 487.9 552.9 588.9
Adira Finance (IDR trillion) 24.9 31.0 32.6
Market share to industry 5.1% 5.6% 5.5%
Financing Receivables including Industry (IDR trillion) 575.5 659.9 709.3*
joint-financing portion
Adira Finance (IDR trillion) 44.6 55.7 56.0
Market share to industry 7.7% 8.4% 7.9%
Sales of New Motorcycles Industry (thousand units) 5,221.0 6,237.0 6,333.3
Adira Finance (thousand units) 429.0 603.0 537.0
Market share to industry 8.2% 9.7% 8.5%
New Car Sales Industry (thousand units) 1,048.0 1,006.0 865.7
Adira Finance (thousand units) 42.0 50.0 35
Market share to industry 4.0% 5.0% 4.0%
Note : *data as of November 2024
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STRATEGIC PLANS IN 2025
In 2025, Adira Finance will continue to implement a customer-centric strategy to improve customer retention
and acquire new high-quality customers. From a product perspective, the Company will apply different
strategies for each product:
• Accelerating the expansion of multi-purpose financing products, which have better growth potential, and
are not dependent on the ups and downs of the automotive market. This will be done by strengthening
Customer Relationship Management (CRM) and telesales marketing strategies to increase customer
retention through refinancing products. In addition, channeling marketing strategy will also be
strengthened to acquire new customers who need cash loans from both digital and conventional.
• Increasing Adira Finance’s market share in new and used two-wheeled vehicle financing to drive business
growth.
• Targeting higher-quality customer segments for four-wheeled vehicle financing.
• Increasing Adira Finance’s market share in electric vehicle financing, both four-wheeled and two-wheeled,
by targeting quality customer segments to increase sustainable financing.
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OPERATIONS
Adira Finance is strategically strengthening
its market position by implementing a robust
In 2024, Adira Finance governance framework and leveraging the synergies
of its digital transformation across all aspects of
fostered strong its operations. This integrated approach, driven by
interdepartmental a customer-centric strategy, enriches customer
collaboration, driving experience, improves operational efficiency, and
operational improvements fosters cost leadership.
through process digitalization By effectively integrating governance, digital
and a customer-centric transformation, and a customer-centric focus, Adira
approach. This resulted Finance aims to solidify its competitive advantage
in streamlined processes, within the financing industry. This comprehensive
strategy will drive operational innovation, leading
improved cost efficiency, to enhanced customer service and ultimately
faster service delivery, and strengthening Adira Finance’s contribution to the
increased customer loyalty, advancement of the financial industry.
ultimately enhancing the
BUSINESS OPERATION PROCESS
Company’s overall business Adira Finance has adopted digital innovation to
performance. streamline its operations, leveraging technology to
unlock new growth opportunities. By enhancing
connectivity with partners and customers, the
Company has expanded its customer base.
Furthermore, operational efficiency has been
significantly improved through the centralization
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of sales and distribution at select branches, 6. Franchise Retail Network
regional streamlining of other functions, and the Adira Finance also collaborates with retail
implementation of internal automation initiatives franchise networks, including Indomaret,
that have boosted employee productivity. Alfamart, Alfamidi, and Dan+Dan. Consumers
can enjoy the convenience of paying installments
In 2024, Adira Finance has continued the innovations at the premises of a retail network spread across
on payment facilities of its products and services various locations, and installment receipts have
- both online or offline – that customers can take been running online.
advantage of, such as:
7. Cash Deposit Machine Payment Network
1. Adiraku Mobile Application Adira Finance tries to make it easy for consumers
Being the Company’s Super-App, Adiraku mobile to update data, such as telephone numbers,
application has continued to be improved and addresses, statuses, and so on. The data updating
further integrated with the Company’s other process can be assisted by Adira Finance officers,
digital platforms, such as the momobil platform Adira Finance branches and also self-service
for cars, and momotor for motorcycles. through Adiraku.
2. Adira’s Digital Platforms 8. Assessment of Consumer Capacity Estimates
Adira Finance continues to develop the digital Adira Finance tries to appreciate consumers
platforms momobil.id, momotor.id, Danadira, by providing an estimate of credit limit/ceiling
moservice.id, dicicilaja.co.id, and others to make capacity to consumers so that consumers can
it easier for customers to do financing with Adira estimate the financing that will be submitted,
Finance. and it is hoped that the process will be faster.
3. Third-Party Digital Platform Channels STRATEGIC INITIATIVES IN 2024
To improve consumer financing transaction Adira Finance has five business strategic themes for
services, especially in this digital era, and to reach 2023 – 2025, so all initiatives and strategic projects
a broader range of consumers, Adira Finance conducted in 2024 were all synchronized with these
is adding to its financing network through five themes. These five themes are:
collaboration with digital platforms. Therefore,
Adira Finance synergizes with several digital 1. Regaining Market Share in Automotive
platforms such as Danamon D-Bank Pro, HCI, Business
Tokopedia, Grab, Ovo, Linkaja, Gojek, Oto.com, To support its automotive business, Adira
Moladin, and other digital platforms. Finance has carried out several initiatives such
as:
4. Bank Payment Network and Automated Teller • Modernization of Core System focusing on
Machine (ATM) some improvement and business process
Adira Finance works with several banks to reengineering in 2024, which includes
provide payment transaction services through the implementation of a roadmap across
ATMs. Consumers can make payments through various automation touchpoints within
ATM networks and machines, one of which is the acquisition process and credit decision
Bank Danamon ATM, which is one of the largest phases;
banks in Indonesia with a distribution network of • Refining Customer and Dealer
more than 355 branch offices and service outlets Segmentation in car and motorcycle
and is supported by 1,043 ATMs and CRMs (Cash financing;
Recycling Machines) with easy access. to ATMs in • Continuous Process Improvement and
the ATM Bersama, ALTO, and Prima networks. Enhancing Internal Practices to ensure
disciplined strategy execution.
5. PT Pos Indonesia (Persero)
The Company cooperates with the State-Owned 2. Expand and Diversify Non-Automotive Business
Enterprise PT Pos Indonesia (Persero) to serve Adira Finance is supporting the growth of
online and offline consumers whom the post its non-automotive business through several
office can reach. initiatives, such as continuing to implement
its Multipurpose Loan/cash loan business
(Solusi Dana) development strategy until 2025.
Additionally, the Company has developed new
capabilities to offer digital products and services
for cash loans, providing customers with a
simpler and faster application process.
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3. Improve Customer Retention meetings and collaborations, to be conducted in a
Adira Finance is committed to protecting the hybrid manner. This approach not only enhances
privacy of its customers by implementing strict time efficiency but also provides a more adaptable
rules and procedures in accordance with our solution to the needs of the modern workplace.
Personal Data Protection policy. To further
enhance our service, we have introduced several For its services to the customers, Adira Finance
improvements for our loyal customers, including remains committed to simplifying and speeding
pre-approved financing for repeat applications up the processes without the need for direct face-
and video call surveys for faster and easier to-face interaction between the customer and the
customer interactions. Company’s representative. The credit application
process can be done online using Adiraku, momotor.
4. Improve Operating Efficiency for Cost id, momobil.id, and others. The cash disbursement
Leadership can be directly transferred to the customer’s bank
Adira Finance also focuses on achieving cost account and the installment payment process can
leadership through continuous upgrades and be done online or offline through payment facility
business process simplification. This involves channels such as Adiraku, Bank Danamon ATM and
simplification of procedures and policies, or autodebit feature, Post Offices, Alfamart, Indomaret,
through the use of appropriate technologies. and digital applications such as Tokopedia, Gojek,
Several initiatives done by the Company were and others without having to visit Adira Finance’s
conducting routine cadence for continuous branch.
process upgrades on the loan maintenance/
collection process; and implementing a system BUSINESS NETWORK AND DISTRIBUTION
for managing governance of SAP system access OF ACTIVE CONTRACTS
rights at Adira Finance. Along with the growth of Indonesia’s business in
2024, Adira Finance has also experienced business
5. Digitalization Across Adira growth followed by the development of a business
Adira Finance’s fifth strategy is aimed at network throughout Indonesia, such as the opening
remaining competitive within a dynamic of new Branches and Satellites to reach more loyal
business landscape, in which the Company Adira Finance customers throughout Indonesia.
competes with fintech companies amidst The realization of Adira Finance’s business network
technological disruption, as well as prioritizing expansion consists of 508 business networks,
easier and faster processes, especially for digital- comprising 225 branch offices (including 42 Sharia
savvy customers. Several initiatives have been branches) and 283 kiosks and satellites (including
implemented, including the development of a Sharia), spread across Indonesia, serving 2 million
digital application that offers more convenient active customers.
and personalized digital products and services
to meet the needs of our digital customers. STRATEGIC INITIATIVES FOR 2025
Additionally, Adira Finance has invested in data For 2025, the strategic initiatives at Adira Finance
development and management to enable data- will be carried out in line with the five business
driven decision making strategies that have already been mentioned earlier,
namely:
HEALTH PROTOCOL INITIATIVES
The year 2024 marked a significant milestone 1. Regain Market Share in Auto Business
for Indonesia as it entered the endemic phase • Modernization of the core system on the
of COVID-19 management. This change in status acquisition process, management, collection
was accompanied by adjustments in regulations, maintenance, with several upgrades and
including the relaxation of previously strict mobility process simplification through business
restrictions. Currently, work systems have fully process re-engineering.
reverted to a WFO (work from office) scheme, with • Refining of customer and dealer segmentation
100% of employees working in the office. However, in car and motorcycle financing.
flexibility remains for employees to work from home • Continuing the roadmap implementation
(WFH) in specific situations or during emergencies. at several automation points within the
The experiences and technological advancements acquisition and credit decision processes.
accelerated during the pandemic continue to be • Continuous process improvement and
leveraged, enabling various work activities, including improving internal rituals to focus on strategy
execution with discipline.
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2. Expand and Diversify Non-Automotive Business 4. Improve Operating Efficiency for Cost
• Conduct routine cadence for business Leadership
development and continuous process • Implementing a regular cadence for
improvement of cash loans; continuous process improvement in loan
• Developing cash loans through digital maintenance and collection processes; and
products and services by using simplified • Continuing improvement and simplification
and faster applications and processes. efforts through streamlining procedures and
policies and utilizing appropriate technology,
3. Improve Customer Retention such as document digitization (paperless)
Implementing faster and easier process and the use of digital signatures to increase
improvements continuously for loyal/recurring cost efficiency and operational effectiveness.
Adira Finance customers, and becoming a
financial solution partner for loyal Adira Finance 5. Digitalization Across Adira
customers. • Continuous development of digital
applications that can provide easier and more
tailored digital products and services to meet
the needs of digital customers;
• Development and management of data at
Adira Finance to support data-driven decision
making.
Business Network
Satellite / KSKC
KC Branch KCUS (Sharia KSKC US
Area (Others Sharia Total
(Office) Branch Office) (Others Office)
Office)
Jabodetabekser 41 6 11 3 61
West Java 20 4 18 3 45
Central Java 19 4 23 3 49
East Java 23 5 16 6 50
North Sumatra 7 4 14 13 38
Central Sumatra 13 3 25 6 47
South Sumatra 12 2 25 8 47
Kalimantan 17 2 26 4 49
Sulawesi 21 10 43 20 94
Bali & Nusa Tenggara 10 2 14 2 28
Total 183 42 215 68 508
Acive Contract Distribution
PRODUCT
Area CARS MOTORCYCLES NON-AUTOMOTIVE Total
Jabotabekser 47,940 363,215 123,795 534,950
West Java 15,911 124,511 58,409 198,831
Central Java 7,774 157,121 62,455 227,350
East Java 12,499 129,163 50,377 192,039
North Sumatra 18,001 82,747 26,365 127,113
Central Sumatra 20,586 58,672 39,909 119,167
South Sumatra 18,384 81,023 28,085 127,492
Kalimantan 12,284 116,921 29,103 158,308
Sulawesi 51,096 96,087 52,625 199,808
Bali & Nusa Tenggara 12,558 74,474 20,726 107,758
Others 465 1 393 859
Total 217,498 1,283,935 492,242 1,993,675
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HUMAN RESOURCES
Adira Finance adopts a robust Human Resources
(HR) strategy to fuel business growth. Key initiatives
include a comprehensive HR management
Adira Finance fosters strong framework designed to optimize employee
collaboration between performance and enhance customer service.
The Company consistently strives to improve HR
the HR department and
management and information systems, refine
other business functions performance management processes, streamline
to drive growth. By recruitment, and enhance compensation and
implementing effective HR benefits packages. A strong emphasis is placed
on employee development through career
management frameworks,
advancement opportunities and continuous
the Company cultivates a learning initiatives, including targeted education
high-performing workforce and training programs.
with the necessary skills,
STRATEGY, FOCUS AND POLICIES IN 2024
dedication, and values to
Adira Finance’s HR strategy and management were
support its customer-centric directed to respond to the current and the future
culture. This collaborative business development needs and challenges. The
approach consistently Company ensures that its HR has the competence,
expertise, commitment and are responsive to
delivers exceptional service to
change, while still upholding the Company’s culture.
customers.
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In 2024, the HR Directorate focused on how to 3. Human Resources development through an
leverage the the implementation of the Company’s improved learning ecosystem
strategic initiatives through the strengthening the In line with the shift from COVID-19 pandemic
organization and competency to increase market to endemic, offline learning has been reinstated.
share in the automotive portfolio; boosting sales The learning methods have become more
in the non-automotive portfolio; and improving varied according to the needs and contexts of
the mindset and the customer-centric skill as well the learning objective: online, offline or hybrid.
as customer retention rate. Other than that, the Thus, the empowerment and the improvement
Company continued to optimize productivity and of the quality of Faculty Member of Adira
strengthening the digital capability. (FMA) has become one of the focus agenda
in strengthening the learning ecosystem. This
This is embodied in a number of strategic initiatives, focus is further strengthened with the use of
which include: decentralized learning strategy through regional
training which is tailored to the localized
1. Strengthening the Organization needs. Other than that, Digilearn contents have
To support the Company’s business strategy in been continuously enriched as an informal
focusing on the five aspects mentioned earlier, method of learning relevant to the needs of HR
The Company took the initiative in strengthening development.
the organization especially in information
technology organization, digital business, credit 4. Cultivating relationships between employees
and risk, and several other functions. In 2024, Adira Finance has continued to
organize various collaborative activities to
2. Productivity Improvement foster a productive, innovative, and enjoyable
Initiatives to increase productivity are carried work environment. Some of these activities
out through various programs, including the include Adira Got Talent, Advaganza, August
adjustment of productivity and allocation of 17th Competitions, Adira Spiritual, and various
manpower calculations with consideration of sports activities such as Zumba, Yoga, Pound Fit,
business achievements, business potentials Weight Lifting, Badminton, Basketball, Futsal,
and specific regional characteristics. Also, Tennis, and Table Tennis. Additionally, there
refreshment training programs are also was a Healthy Walk Competition as part of the
periodically conducted for upskilling process Livewell Healthy Living Campaign, Festival Pasar
and optimizing of technical skills. Rakyat (FPR), Best Employee Competition, and
other major events such as the Kick Off, Midyear,
Furthermore, the increase in productivity from Mudik Bersama, Buka Puasa Bersama, and Adira
the perspective of recruitment process is done Anniversary.
by conducting acceleration of recruitment
SLS on several positions supported with the 5. Culture Development which Supports
increase in the ratio to candidates. This is also Business Initiatives, Innovation and Employee
equipped with the increasing quality of the Productivity
candidates through: enhancement interview Culture development activities undertaken in
tools using AI technology, additional tools for 2024 were aimed at empowering of Adira Top
testing the compatibility between interest and values (Advance, Reliable, and Obsessed) based
talent using system, conducting interview skill on the OCHI survey, the development of Agile
on refreshment training to all users as well as culture to support ongoing transformation
adding sourcing channels both by online and projects, digital culture and Adira Happiness
offline. Program (AHA), as well as culture of innovation.
The Company is adjusting its incentive scheme 6. Improvement of Digital Capability
to increase productivity, including reviewing the The improvement of digital capability at
medical benefit scheme to be more competitive Adira Finance is done in general as well
and providing incentive boosters as a form of as digital capability in HR specifically. The
appreciation for employee performance. The Company’s digital capability improvement
employee productivity treatment is done by the was done through various programs such as IT
IMPK scheme development which puts more transformation, the School of Digital program
emphasis on productivity and potentials by with certifications regarding IT & digital skills.
considering location and portfolio to enforce a Specifically for HR, aside from continuing the
more effective reward and punishment. development of HR super apps (SMILE apps),
other initiatives undertaken by the Company
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was the implementation of SAP Analytic Cloud 3. HR Dashboard
(SAC) to generate HR dashboard used in decision To support the business in decision making,
making by internal HR division as well as by the the HR division has also developed the SAC
business. (SAP Analytic Cloud) HR Dashboard and
7. Improving the role of Change Management Predictive Analytics which enables its user to
Improving the supervision of the implementation access and gain insights from HR data.
of transformation projects and the
implementation of policies regarding mindset 4. Integration of Payroll System to the Bank
change, work pattern and employee behaviour. To improve the security and accuracy in the
payroll process, the Company has developed
Furthermore, Adira Finance also focuses on HR system integration to the bank. Through
technology transformation, cultural transformation, inter-system integration, the security can be
and the acceleration of business support activities increased and the frequency of human errors
in the post-pandemic period. This is done so that in payroll payments can be reduced.
the Company can continue to adapt and innovate
amidst all ongoing changes, and thus creating new 5. Digital Signature
innovations in the midst of challenging economic All automated and paperless processes as
and industry conditions. well as document approval are carried out
with digital signatures so as to accelerate the
A. First Focus: Technology Transformation process of document approval (SLA), such as
Responding to the challenges of the changing in transactions for submitting labor requests,
millennial era and digitalization and in line submitting employee status changes,
with the ongoing business transformation, submitting employee promotion processes,
Adira Finance has developed infrastructure for and others.
a digital-based Human Resource Information
System (HRIS). The infrastructure that the 6. HC Inventory System
Company developed in 2024 included: This is an inventory system for routine
consumables and non-capital goods such
1. Employee Apps – Smile Apps as office stationery, office printed goods,
Smile Apps is a mobile-based application promotional items, customer gift items
which can be downloaded by employees at and so on. The system makes it easier for
the Apps Store and Playstore. This application the HCGA Division and users in the process
combines all necessary applications need of submitting goods, monitoring stock
by the employees. In 2024, the Smile Apps availability, storage management in the
has entered its third and fourth phase warehouse, to control and report on the use
marked by the UI/UX development activities, of goods.
improvement of auction feature, additional
new features such as Quiz, Badges, Reward 7. Development of Robotic Process
& Redeem as well as employee benefit Automation (RPA)
information, chatbot and continuous RPA is developed with the aim of improving
development of the apps’ contents. the quality and work standards of employees.
With RPA, work that is operational and
2. Amazone – Virtual Collaboration repetitive on a large scale can be done
To fulfil the spirit of collaboration among automatically so that it is precise and fast.
companies with the MUFG Group, Adira This helps employees to focus more on
Finance has developed and implemented developmental work. The development of
Amazone or “Adira Amazing Online Expo”, an RPA in 2024 focused on expanding the RPA
interactive platform for employees within the scheme in previous year when RPA had
MUFG Group (Adira, Danamon and MUFG), started the automation of HR activities with
enabling them to interact and purchase businesses such RPA General Lajur Report,
flagship products from one to another with Fiducia Report, Incentive Reporting and
special rates. Dealer Invoicing.
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8. Virtual Job Fair Application Obsessed could be defined as winning mentality,
Fulfilling the hopes of millenial and gen Z which is one of the values contained within the
candidates for fast and easy recruitment cultural system at Adira Finance. It has a very vital
process which is also available online, the role in the Company’s business practice from
Company has created an application called the lowest level up to the top. The importance
Virtual Job Fair which can be accessed by of the implementation of this principle needs
any candidates from anywhere for 24 hours. to be disseminated to all employees to ensure
This application supports online and realtime militant mindset, winning mentality as well as
recruitment starting from the initial stage integrated way of thinking on all of employees’
until the hiring stage. daily business activities.
9. Salary Advance Next, there was also implementation of integrity
To accommodate employee’s urgent culture as a part of the Adira Finance’s efforts to
needs, the Company has provided Salary reduce the potential of frauds in the Company,
Advance facility which can be taken by which focused on the active involvements of
the employee by online through the use of employees in the program. The program included
available HR application. This convenience the making and the playback of anti-fraud
offers employees a sense of security and movies, video-making and poster competitions
comfort, enabling them to handle financial related to anti-fraud, organizing law-awareness
emergencies more quickly and efficiently. activities as well as anti-fraud-themed programs
in each region.
B. Second Focus: Cultural Transformation
The second focus is related to the Company’s In order to maintain collaboration among
culture. Adira Finance has been actively employees and to maintain the spirit of
conducting activities and efforts to empower togetherness, the Company continued to carry
the Company’s culture thematically each year. out various activities and programs. Some of the
In 2024, the theme of the culture empowerment activities carried out include the following:
was “ARO” (Advanced, Reliable, & Obsessed)
as well as collaborating with the Anti-Fraud 1. Sport Advaganza
Management (AFM) to conduct special program Sport Advaganza has been reinstated
related to the Integrity Culture. The Company nationwide starting from the regionals to
also welcome the culture of Sustainability the head office. Advaganza features various
Finance in compliance to POJK and started its sports as a means to showcase the employees’
Health Safety Environment (HSE) initiative. talents in sports. This program is expected to
boost employees’ productivity going forward.
Regarding Advanced, it is a key value in 2. Adira Got Talent
improving productivity at Adira Finance, Adira Got Talent has been reinstated as well
especially in preparing for changes in economic to become a venue for employees’ talents
conditions as well as the trend in business and potentials in arts starting from singing,
process digitalization. Among several activities dancing, individually and in group, to other
done were the implementation of innolimit, art talents as well, namely stand-up comedy,
enhancement of Employee Super Apps (Smile beatbox and others.
Apps) and Amazone Virtual Collaboration 3. Carbon Offset
Carbon Offset as a part of sustainability
Reliable means the ability to implement the roles finance where the Company collaborates
and responsibility accompanied with capacity in with certified partners to measure and
execution. This value is crucial in the Company’s conduct treatments on carbon emissions
business journey to implement predetermined generated by the Company’s activities. This
plans at the beginning of 2024. Programs activity also supports the Company’s aim
conducted in regards to this were Letter of to improve efficiency in terms of operating
Commitment (LOC) policy, Coaching Counselling expenses.
Implementation, Leadership Training, and Work
Unit Leader Mentorship.
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In 2024, Adira Finance organized several RECRUITMENT & CAREER DEVELOPMENT
activities to support the implementation and Adira Finance uses strict criteria to select the best
achievement of the ‘Sayang Bumiku’ program candidates for open positions, ensuring fairness and
series, which include awareness-raising impartiality in the recruitment process to achieve
and activities such as training, campaigns, the company’s goals and provide opportunities
workshops, and benchmarking involving for its workforce. The Company does not tolerate
the MUFG Group, employees, customers, the use of underage or forced labour and in 2023.
business partners, and the Government. Recruitment focused on finding candidates who
In addition, a tree planting and mangrove could support the company’s digital innovation
planting program was implemented in TWK needs and align with its strategic policies.
Angke, Cilacap, and Semarang with more
than 5,000 mangroves planted. The Company The recruitment process is carried out selectively to
also provided facilities or infrastructure for support the positions and functions required by the
recharging electric vehicle batteries at one business. This includes:
of the Company’s branches. The Company • Recruitment for cadre development, particularly
also invited the involvement of employees, for positions such as general management
customers, and the general public in making trainee (MT) for general positions, digital MT,
carbon offset donations as an important step business analyst MT, sales MT, collection MT and
in helping to reduce the impact of climate risk MT;
change. In addition, solar panel installations • Selective recruitment at certain points and
were carried out at several branches as a form locations to support organizational and business
of fulfilling the need for environmentally developments namely recruitments for Digital
friendly electricity. Through the smile web Business Team, IT Team, Collection Team, Sales
admin, development has been carried out Team, Operation Support Team, and Business
where Company employees and customers Analyst;
can calculate carbon emissions. • A national program is scheduled to conduct
4. Community Market Festival (FPR) sourcing activities to maintain a database of
FPR is a collaborative event between Syariah specific positions in specific locations that still
Business Units, Danamon Syariah and Zurich require operational and business support from
Syariah with a series of empowerment, the Company.
education, health, art, and cultural activities • Acceleration of recruitment through processing
to encourage markets to become creative at online portal to ensure better control in terms
public spaces towards a prosperous, healthy, of process and SLS duration;
green, clean, and well-maintained traditional • Conducting Adira Finance’s Virtual Job Fair
market. where candidates can participate in the
5. Integrity Program - Prevention and Mitigation recruitment process from browsing posted job
Integrity program which includes prevention vacancies up to the online hiring stage. This is
and mitigation are done through various open for 24 hours and can be done remotely
integrity strengthening programs such as from anywhere. Besides virtual recruitment, the
Audit Lifestyle, employee SLIK checking, recruitment team also participates in face-to-
block leave, whistle-blower program and face job fairs initiated by government and non-
EVP and Company’s values enhancement governmental institutions. There is also a One
programs. Day Recruitment program which is prioritized
for positions that require a large number of
EMPLOYEE HEADCOUNT IN 2024 [GRI 2-7] employees in a short time so that workforce
As of December, 2024, the number of Adira Finance fulfillment can be achieved.
employees reached around 17,098 employees, • Development of new recruitment pattern
in line with operational business needs both in strategy through freelancer for IT and Digital
terms of quantity and quality. Comparative tables positions;
of employee information, including the number of • Providing empowerment for all employees to
employees for each organizational level, education participate in Referral Program or Gardira Get
level, and employment status, are presented in the Employee where they can provide candidates
Company Profile section. references;
• Internship Program 3+1 with one of the leading
universities in Indonesia;
• Position filling through outsourcing vendors.
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The Company is responsible for helping each employee with career development and career path in
accordance with the respective employee’s capacity and capability. For this reason, every year the Adira
Finance Corporate University carries out a Talent Identification process and Talent Mapping for all leaders,
and IDP for employees with specific criteria. This process is carried out so that the Company has an Employee
Talent Map, Bench Strength Program, and Succession Planning Program.
This was done to ensure that the Company always has talents available in the event of a job rotation, job
promotion, employee resignation or retirement. From the employee’s perspective, this is done to ensure that
employees receive the appropriate development programs and career path while working at the Company.
Another thing done by the Company in 2024 was the preparation of a specialist-generalist system, to enable
employees with certain functions to obtain a more accurate and appropriate career path
development.
As of December 2024, Adira Finance recruited 1,643 new employees. Based on education level, 76.99% have a
Bachelor’s level education, 13.76% Diploma level, and the remaining 9.25% are postgraduate, high school and
junior high schools. Based on age, the average employee recruited by the Company is at a productive level,
with 28.97% at the 18-25-year age, 64.70% at the 26-35-year age, and the remaining 6.33% at the 36-55-year
age.
Employee Recruitment & Turnover by Gender [GRI 401-1]
2022 2023 2024
Description
Male Female Total Male Female Total Male Female Total
New Employee 1,605 441 2,046 1,278 430 1,698 1,292 351 1,643
Leaving Employee 1,539 299 1,838 1,515 241 1,758 1,562 226 1,788
Employee Recruitment & Turnover by Age Group [GRI 401-1][GRI 401-1]
2022 2023 2024
Description <30 30-50 >50 <30 30-50 >50 <30 30-50 >50
Total Total Total
Year Year Year Year Year Year Year Year Year
New Employee 1,366 679 1 2,046 1,117 519 2 1,698 1,107 534 2 1,643
Leaving Employee 638 1,174 26 1,838 620 1,099 37 1,756 577 1151 60 1,788
Employee Recruitment & Turnover by Region [GRI 401-1]
2022 2023 2024
Description Region Region Region Region Region Region Region Region Region
Total Total Total
1 2 3 1 2 3 1 2 3
New Employee 243 1,461 342 2,046 254 1,146 298 1,698 276 976 391 1,643
Leaving Employee 374 1,140 324 1,838 343 1,116 297 1,756 352 1,154 282 1,788
Note:
Region 1: Sumatra 1, Sumatra 2
Region 2: Jabodetabek, West Java, Central Java, East Java, Head Office
Region 3: Kalimantan, Bali & Nusa Tenggara, Sulawesi, Maluku, Papua
JOB EQUALITY AND OPPORTUNITY Adira Finance provides equal rights and
Adira Finance is committed to providing the widest opportunities for everyone to join and build a career
possible opportunities for the best candidates to join regardless of differences in religion, ethnicity, race,
and have a career in the Company. The principles social status, skin color, gender, and other individual
of job equality and employment opportunity are characteristics, including those with disabilities, in
applied to the entire HR management process, from line with applicable regulations, both internally and
the recruitment process, job promotion, human externally.
resource development, to personnel assignment,
performance evaluation, and the practice of
providing compensation.
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In career development, Adira Finance does not program that is more in line with the needs and
discriminate for any reason because it bases its expected competency standardization.
decisions on the results of selection and evaluation
of competencies. Each employee is evaluated Leader development also continued to be the focus
based on the potential, ability and expertise of the at Adira Finance, particularly leaders for the future.
respective individual. Every employee is also given Other than development for leaders coming from
the same opportunity to contribute in order to internal promotion, in 2024 also saw management
improve the Company’s performance. In addition, trainee program for business analytics and
outsourced employees are also given the chance to collection function. Moreover, the Talent Pool
develop their careers at Adira Finance. program was also among the initiatives aimed at
Leader development at Adira Finance.
COMPETENCY DEVELOPMENT AND
TRAINING [SEOJK F.22][GRI 401-2] In addition, to support productivity and a good
The Company’s strategies and policies with regard to work climate for frontliner functions, this year the
human resources are in line with Financial Services empowering coaching training program has been
Authority (OJK) Regulation No.47/POJK.05/2020 reinstated with a more specific target, namely sales
concerning Business and Institutional Licensing coaching.
of Financing Companies and Sharia Financing
Companies. In one of its articles, the regulation As a part of change management, training programs
mandates a policy to develop the ability and were also held to prepare employees’ capabilities in
knowledge of the workforce in financing companies. the implementation of transformation projects such
as business process re-engineering (BPR), customer
Adira Finance’s HR development aims to improve relationship management as well as strengthening
employee competence according to the demands multifinance financing portfolio.
of their respective functions, and in support of
business transformation programs by organizing Adira Finance, being under the supervision of
programs to increase employee knowledge and Financial Services Authority, also ensures its
skills to enable a smoothly running business compliance to the regulations related to financing
transformation. Continuous initiatives are also certification and other modules as mandated
carried out in training for leaders and prospective in POJK. Adira Finance has also cultivated the
leaders to maintain the continuity of the Company, culture of innovation consistently by implementing
from the lowest to the highest ranks, through innovation programs such as innolimit, which is a
management trainee programs and development competition for innovation and innobox, which is an
programs according to employee position level. input box for innovation and improvement.
In 2024, there were several methods of training to Adira Corporate University
choose from: offline, online, or hybrid according Established in 2015, Adira Corporate University is one
to the required effectiveness and efficiency of the of the Company’s strategies in ensuring the provision
training program. and development of talents in a sustainable and
target manner, as well as ensuring the effective and
The competency development program in efficient management of organization and human
Adira Finance is aimed at upgrading the current resources.
competency to meet the current needs and the
future needs and started as soon as the new Within the process of developing necessary
employee joins the Company. Unlike in previous competencies, both upskilling and reskilling, Adira
years, currently the program can be done online Corporate University is focused on the development
by using application and onsite at the employee’s of the Learning Ecosystem through the Faculty
work location, as well as offline at some points in the Member of Adira (FMA) pillar, the Digital Learning
region. This is done to strengthen the competency pillar (which provides various learning channels
right from the start and accelerate the learning tailored to the individual’s learning style), and the
curve. Learning Culture.
In addition to the regular refresher programs, this Adira Corporate University also functions as a means
year a competency leveling program through to ensure that all employees have equal opportunities
certification programs for certain positions has to achieve the highest position level based on their
been started. This is done to obtain a more complete performance and potential capabilities through
picture of the competency mapping concerned and Talent Supply Management which is within the
ultimately be able to determine a development Corporate University organization. Since 2023,
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through the Talent Supply Management, Adira and strengthen digital capabilities to support the
Corporate University also ensures the availability of Company’s sustainability and competitiveness.
bench strength for succession planning, especially
for replacing retired employees and promoted Adira Corporate Univeristy also contributed in
employees in the short-term for the next three years. raising the ESG awareness both for employees
and communities. This awareness includes climate
Furthermore, Adira Corporate University collaborates change, sustainable development goals, and
with the Government by conducting financial sustainable finance through employee training as
literacy programs for the general public. In 2023, part of the sustainable finance action plan.
they held webinars and trained Faculty Member
Administrators (FMAs) through comprehensive Adira Corporate University also played a role
Train-the-Trainer (TTT) programs across all regions. in socialization and training regarding carbon
These trained FMAs will act as financial literacy offset which was proposed by the Human Capital
speakers for the public in implementing the Directorate and has been implemented since 2023.
Government’s program in 2024.
CSR activities are also carried out by Adira Corporate
In terms of organization, the Adira Corporate University, namely by providing educational
University has strengthened its digital business scholarships and providing computers for digital
organization in line with the planned development libraries in several points in Indonesia.
as well as IT, risk and credit in support of the
Company’s strategy going forward. Entering 2025, Adira Corporate University will
continue to raise ESG awareness through
In 2024, Adira Corporate University continues to broader training on climate change, sustainable
focus on optimizing the implementation of the development goals, and sustainable finance for
Company’s strategic initiatives. The main priorities employees and the public. In addition, they will
include strengthening the organization and support carbon offset initiatives and government-
improving competencies to expand the market initiated financial literacy programs. Going forward,
share of the automotive portfolio, and driving financial literacy efforts will include training more
sales growth in the non-automotive portfolio. In instructors and distributing resources more widely
addition, Adira Corporate University is committed to schools in need. Meanwhile, ongoing CSR
to improving customer service mindsets and activities will include scholarship programs and
skills to increase retention, optimize productivity, wider access to digital libraries.
Employee Competency Development Data [SEOJK F.22][GRI 404-2]
Number of Participants and Level of Position
Type of
Training Objective Senior Middle Junior & Non-
Training
Management Management Management
Leadership & Develop leadership & managerial competeny
Career and prepare the competency of a position holder 109 1,703 10,687
according to a certain rank level
Mandatory Provide the required insights and knowledge
for employees according to regulation, as well 27 566 39,842
as ensuring business continuity through good
corporate governance and risk mitigation
Functional Improve employee competency in accordance with
the job functions 45 2,601 51,411
Transformation Preparing employee competencies in carrying out
the Company transformation program - 125 7,567
Additional Optimizing employee's potential, enabling them
to become more effective as individuals and as 252 2,879 32,346
employees
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COMPETENCE DEVELOPMENT CORPORATE CULTURE
INVESTMENTS The corporate cultural values provide a framework
As of Desember 2024, Adira Finance had organized for the daily actions and behaviour of management
a total of 235 employee training and development and employees in the fulfilment of their duties
programs, consisting of competency improvement and obligations towards the achievement of the
programs, transformation training programs, Company’s objectives, vision, and mission.
compliance programs, knowledge management
events, and external training programs. The corporate values at Adira Finance are known
as the ADIRATOP (Advance, Discipline, Integrity,
These training activities were attended by 153,949 Reliable, Accountable, Teamwork, Obsessed, and
participants. The Company’s total investment in Professional) Principles and Behaviour.
HR development as of December 2024 amounted
to IDR69.4 billion, decreased by 13.5% (yoy) from Adira Finance implements various employee
IDR80.2 billion in 2023. engagement programs in the effort to maintain
quality human resources, by applying the following
CODE OF CONDUCT principles:
PT Adira Dinamika Multi Finance Tbk.’s Code of • Create a work environment that is conducive to
Conduct articulates the ethical values and norms growth.
aligned with the company’s vision, mission, and • Provide recognition to employees according to
cultural values. It governs the conduct of all their achievements and contributions.
management and employees in their daily work and • Evaluate employee performance objectively and
their relationships with customers, colleagues, and periodically.
third parties. This code of conduct also becomes • Implement a competitive compensation and
the principal basis for implementing the ABC policy benefit system.
(Anti-Bribery & Corruption) in the Company. • Support the presence of communities within
the Company, such as sports, spirituality, and
The contents of the Adira Finance Code of Conduct others that can build a spirit of togetherness,
serve as guidelines for behavior for all management sportsmanship and increase overall employee
and employees in carrying out their daily duties productivity.
related to work ethics in serving customers,
relationships with colleagues and third parties, with As part of the implementation of the Company’s
conflicts of interest, managing and maintaining the corporate culture and to increase employee
confidentiality of Company information, anti-money productivity and welfare, Adira Finance organizes
laundering and terrorism financing. several activities to apply the Company’s values
in order to maintain and build harmonious
To ensure that all stakeholders comply to the relationships in the work environment with
Company’s Code of Ethics, several efforts have been employee representatives.
taken by Adira Finance, namely:
• Conducting socialization and education to all Adira Finance fosters a customer-centric corporate
employees and management about this Code of culture and enhances employees’ understanding of
Ethics through the distribution of the Company this principle through the following approaches:
Regulation Handbook and Code of Ethics; • Projects involved in the development of products,
• Opening channel or access for reporting to all applications, and regulations that are considered
employees to report violations of the Code of customer-centric to provide convenience and
Ethics such as through the whistle blowing create a comfortable working environment
system (WBS) mechanism as well as reporting to (happiness) for all users, both internal customers
superiors and competent departments such as (employees) and external customers (customers,
HR, anti-fraud management, and others. dealers, and all other stakeholders);
• All regulations such as internal memo and • Socialization of regulations, training,
temporarily internal memo must refer to and organizational change in order to provide
must not conflict with the Code of Ethics. understanding, changes in employee mindset
• Learning the Code of Conduct through the use and habits accompanied by the application of
of digilearn. customer-centric principles for both internal and
external customers;
• The Happiness Program Competition with one of
the main themes being Happy Customers, where
innovative ideas come from the employees
themselves, tailored to the unique characteristics
and needs of customers in each location.
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In the context of ESG, the implementation of INDUSTRIAL RELATIONS
ADIRATOP values also directly supports the Adira Finance proactively cultivates healthy and
implementation of sustainability finance, where constructive working relationships between
Adira Finance’s focus in Sustainability Finance is employees and the Company, ensuring the
on Responsible Workplace Management and CSR protection of everyone’s rights and obligations
Sustainability Finance. Programs in Responsible under applicable laws and regulations. The HC
Workplace Management require ADIRATOP Management Directorate oversees all company
behavior in their implementation, such as water activities to guarantee compliance with labor laws
and electricity conservation, the use of recycled and regulations, mitigating potential human rights
paper and bringing your own utensils, waste bank and labor relations issues.
management, safety riding, and emission testing.
The Company’s ultimate goal of regulating
Similarly, the implementation of CSR Sustainability industrial relations is to increase employee
Finance, which includes tree planting for the productivity and welfare. Therefore, Adira Finance
environment and the carbon emission reduction positions employees and employee representatives
program through “Sayang Bumiku” program as strategic partners in building and maintaining
requires ADIRATOP behavior from employees in its harmonious industrial relations in the work
implementation. environment through regular and continuous
communication.
ADIRA HAPPINESS PROGRAM
The Adira Happiness (AHA) program was first Every year, the Company holds the Adira One
initiated by the HR department in 2019, with the Gathering (AOG) program, which is attended by
aim of making Adira Finance into a so-called employees from the Supervisor level to the Board of
Happy Organization. It is hoped that this will Directors in each unit. The AOG program is expected
eventually result in Happy Customers, as one of the and aimed to foster greater synergy among all
requirements of a Customer Centric Organization. employees within each team. This synergy is
expected to increase the productivity of each team
In 2023, the focus of the AHA Program was the in the unit and enhance cross-functional teamwork.
wellbeing and productivity (happily productive). The
activities done on AHA wellbeing are strengthening Each semester, the Company also organizes a
the self-mentality, strengthening the family Coffee Morning program involving all levels of
relationships, strengthening of financials and employees as a platform to foster discussions and
health. These activities are done through webinars, share feedback, expectations, and complaints with
fun learnings, and happiness program competition the team regarding work, with the aim of improving
with one of the themes being happily productive. both employee and Company performance.
The active role of AHA Bosque (AHA change agent)
is also important in the dissemination of AHA Employee representatives are also involved in the
program to all of Adira Finance employees. formulation of changes and renewal of the Company
Regulations every two years. With these meetings, it
To further improve and speed up the internalization is hoped that harmonious industrial relations will be
process of this program, Adira Finance has also created, leading to a healthy and constructive work
developed the HR Superapps, of which in 2023 has environment.
more developed features.
In 2024, Adira Finance is also active in adjusting the
One of the newly launched programs is the mechanism for regulating industrial relations in the
Employee Assistance Program named “Gardira Company in accordance with derivative regulation
Plong” (Pojok Healing), which partners with from the Job Creation Law (Ciptaker) and socializing
professional counselors. This program is intended for it to all employees.
maintaining the mental health of Adira employees
so that they can become optimally-functioned
individuals.
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EMPLOYEE TURNOVER [GRI 401-1] EMPLOYEE REMUNERATION & WELFARE
The company’s turnover rate is well maintained, [SEOJK F.21]
showing slight improvement as of December 2024 On an ongoing basis, Adira Finance adopts a
compared to 2023. Adira Finance successfully prudent principle in providing fixed and variable
improved its regretted employee turnover rate to remuneration, taking into account the scale
3.41% by the end of the year, compared to 3.65% in and complexity of the business, peer groups,
2023. inflation rate, financial conditions and capacity,
and the Company’s performance. The Company’s
The Company strives to keep the employee turnover remuneration policy is established by considering
rate (regretted attrition) at an acceptable level by: the remuneration philosophy as follows:
• Conducting FGD from employee representative, • Support the Company’s long-term goals and
especially field employees which elaborate on strategies
the factors behind turnovers and the steps need • Encourage individual and team performance
to resolve them. with the 3P principle ((Pay For Position, For
• Formulating an action plan based on the results Person, Pay For Performance)
of the Organizational Culture & Health Index • Retain employees with good performance
(OCHI) conducted at the beginning of each year, • Maintain fairness with peer groups.
which will be carried out immediately that year;
• Reviewing productivity targets and employee Adira Finance implements a meritocracy system,
remuneration schemes according to business or merit-based reward system, and risk-based
conditions (especially for field employees); remuneration by adhering to employee performance
• Organizing nationwide motivational sessions standards, regulations from the Financial Services
and activities for employees involving the Board Authority (OJK), as well as labor and wage laws,
of Directors and appointed vendors/motivators including the Job Creation Law. Through this
such as through Gerakan Manajemen Turun system, Adira Finance rewards employees based
Ke Bawah (GEMBA) activities, motivational on their position, competencies, and individual
webinars, BOD Letters, and so on. performance. In addition, the Company provides
employment benefits for both permanent and
contract employees.
Employee Benefits [GRI 401-2]
Employment Status
No. Remuneration Components
Permanent Employees Contract Employees
1 Basic Salary √ √
2 Holiday Allowance √ √
3 Transport Allowance √ √
4 Leave Allowance √ √
5 Long Service Pay √ √
6 Production Service Pay x x
7 BPJS Kesehatan √ √
8 BPJS Tenaga Kerja √ √
9 Meal Allowance √ x
10 Professional Allowance √ x
11 Grief Compensation √ x
12 Shift Allowance x x
13 Attendance Incentive x x
14 Telecommunication Allowance √ √
15 Maternity Allowance x x
16 Marriage Allowance √ √
17 Pilgrimage Bonus / Hajj Bonus x x
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Employment Status
No. Remuneration Components
Permanent Employees Contract Employees
18 Company Clinic x x
19 Annual Bonus √ √
20 Housing x x
21 Recreation x x
22 Replacement Allowance x x
23 Family Allowance x x
24 Educational Assistance x x
EMPLOYEE SATISFACTION LEVEL [SEOJK F.18] TARGETS AND REALIZATION OF
Adira Finance conducts employee satisfaction HR DEVELOPMENT IN 2024, AND
surveys through the Employee Engagement Survey PROJECTIONS FOR 2025
(EES) on a regular basis to support a conducive work Until the end of December 2024, Adira Finance had
atmosphere and boost productivity. The results of a total workforce of 17.1 thousand employees, slightly
Adira Finance’s 2024 Employee Engagement Survey decreased from 2023 at 17.2 thousand employees.
(EES) Index was very good, scoring 83% which is The number of employees is adjusted to each
categorized as Moderately Engaged. division’s business growth and manpower needs.
The realization of employee salary and allowances as
Regularly, Adira Finance also conducts an of December 2024 was recorded at IDR2,486 trillion,
Organization Organization Culture & Health Index increased by 2.7% (yoy) compared to the previous
(OCHI) survey to measure the health level of the year at IDR2,420 trillion.
Company’s organizational culture. In this way, the
Company can continue to ensure that the level of Adira Finance has carried out various initiatives to
organizational culture is in the Fit index category to build employee development competencies to
support operations and increase productivity in the create the best qualified human resources according
midst of business competition. The Organization to the qualifications required by the Company. For
Culture & Health Index (OCHI) score for 2024 is 7.1%, this reason, the Company targeted the number of
which falls into the category of Healthy with Grade training days in 2024 to reach 114,601 days, with the
A, but there was 7.1% hazard factor which influence realization being 104,078 days as of December 2024.
the organization cultural health level at Adira.
Training coverage (the percentage of employees
The implementation of ESG has influenced the EES participating in at least three trainings) was at 85.5%
and OCHI in 2024, especially through Sustainability as of December 2024. This training coverage is
Finance Stream which has two measured projects: intended to support the improvement of employee
the Responsible Workplace Management and CSR. knowledge and skills to help facilitate the progress
On the Responsible Workplace Management, the of Adira Finance’s business transformation.
goal to achieve is to create an environmentally
sustainable workplace. This plays a role on the The realization of the training and development
employee’s EES and OCHI scores through programs investment costs carried out by the Company
such as safety riding program which is primarily throughout December 2024 was at 2.8% of the
useful for field employees and bring your own Company’s manpower cost. This is above the
tumbler culture as well as emission tests. minimum target of 2.5% set by the OJK.
Entering 2025, Adira Finance projects a basically
stable level of workforce, given that the economy
grew at a steady pace and because there has been
continued business recovery to the pre-pandemic
condition. The Company will also continue with
initiatives started in 2024 to increase employee
productivity. Meanwhile, the cost of salaries
and allowances in 2025 is expected to increase
in accordance with the increase in the regional
minimum wage as determined by the Government
of Indonesia.
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ESG Integration in HR Management [GRI 3-3] STRATEGIC PLAN 2025 AND HR
Adira Finance will continue to raise awareness of DEVELOPMENT ROADMAP
ESG among employees through awareness and As Adira Finance enters 2025, it encounters
education, campaigns, socialization, environmental several challenges related to human resources
literacy, and training. Adira Finance is also development, such as:
encouraging employees to take concrete action 1. The change and development of IT and digital
through the “Sayang Bumiku” (carbon offset business to respond to the business challenge
program). Social programs such as education going forward, which require alignments in
assistance through scholarships, seminars, books, organization and competency development;
and computers will also be continued. In the 2. The need for employees to have optimal
Environment, Health and Safety (EHS) department, competency in the current business operations
social programs run by Adira Finance include Natural and also to develop innovations for future
Disaster Relief Donations to employees, Donations business and employment (ambidextrous),
to schools in Cilacap and Sekolah Luar Biasa to improve the Company’s growth and
(SLB) in Semarang, and the provision of Student sustainability;
Scholarships through Karya Salemba Empat (KSE). 3. The increasing number of generation Z in the
workforce which requires the skill of multi-
Adira Finance has a plan in place until 2026 for the generational HR management, both on the HR
implementation of ESG in the Company in the form system and policy as well as on the suitable
of a carbon offset initiative that consists of three approaches;
main activities: Awareness & Education, Carbon 4. The increasing number of management-level
Offset Activity & Non-Carbon Offset Activity. employees entering resignation age within the
• Awareness & Education includes mini talk shows, next five years;
training to trainer (TTT) starting from leaders, 5. The need to increase the productivity of
ambassadors, and members about climate employees to maintain operational expenses
change and carbon offset, Pojok Literasi, and at optimum level, considering that the biggest
trials of Scope 3 calculation component of operational expenses is employee-
• Carbon offset activity consists of energy related;
efficiency installations (smartcool), solar panels, 6. The need to increase the employees’ awareness
mangrove planting, planting other trees, as well on environmental sustainability and encourage
as calculation and issuance of REC and Carbon them to actively participate;
Credit. 7. The rise of artificial intelligence which can be
• Non-carbon offset activity is a supporting activity used in optimizing HR functions;
that consists of the installation of electric vehicle 8. Amidst the increasingly challenging and rapidly
chargers, offsetting from employees in the super changing industrial conditions, the Company
app (Smile Apps), offsetting from customers in needs employees balanced in IQ, EQ, and SQ
the Adiraku app, Emission Testing, Safety Riding which are in line with short-term productivity and
up to a referral program for environmentally comprehensive long-term self-development.
friendly financing (e.g, solar panels, electric
vehicles, and others). Adira Finance’s strategy for navigating the
challenges of 2025 includes the following key
The goal of these initiatives is to achieve the zero initiatives:
emission target by 2026. Adira Finance is committed 1. Supporting business analytics to increase
to making a positive impact on the world and customer retention;
believes that ESG is essential to achieving this goal. 2. Adopting customer-centric strategies;
3. Provide and develop more digital and automated
operational systems;
4. Maintain employee productivity levels by
monitoring productivity on a regular basis;
5. Develop digital-based and online process-based
sourcing channels, to maintain the availability
of a database of employee candidates with
good competencies based on business and
operational needs;
6. Continue to carry out all existing corporate
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culture enhancement activities and programs Finance is to enhance HR capabilities, enabling
with a hybrid concept, as a means to prepare the Company to effectively navigate current and
offline activities in the endemic period; and anticipated industry and business challenges, which
7. Reviewing remuneration and incentive systems among others:
which promote productivity and adjusting to 1. Increasing the productivity of the frontliner
changes in business processes at key positions. within the general (national) and specific
(regional or certain branches) scopes using
With respect to organizational development, Adira general (training) as well as specific (coaching)
Finance will undertake the following focus areas, approaches.
strategies, and activities: 2. Sharpening the leadership function to raise the
1. Develop a customer centric organization productivity of the frontliner.
to continuously improve the alignment of 3. Improving digital capability, for functions
organization and performance related to working on digital technology and IT which
customer centric and channelling. started with the assessment process for IT
2. Continue with the implementation of job employees and all other employees through
evaluation and implementing the results to campaign and training.
adapt to organizational changes, especially new 4. Continuing the Adira Happiness Program (“AHA”)
functions that were formed according to the with the emphasis on happy productive and
Company’s strategy and business needs. well-being as well as happy customer awareness.
3. Evaluate and develop customized productivity 5. Development of learning ecosystem, focusing
standards that take into consideration business on both increasing the empowerment of Faculty
achievement and the implementation of Members (FMA) (Adira internal trainers) and
transformation initiatives as well as area-specific implementing digital learning technology to
characteristics to further optimize productivity. increase collaboration.
4. Continue with the process of developing 6. Developing the learning partner function to
Generalist and Specialist career paths to enhance the analysis and support the HR
accommodate organizational needs and career development according to the regional needs.
development at Adira Finance. 7. Increasing competency for customer satisfaction
and retention
The core strategy for HR development at Adira 8. Strengthening the leader function as an agent
of change to support sustainable organizational
transformation.
9. Employing data analytics on HR functions
to improve the effectiveness of the learning
process.
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INFORMATION TECHNOLOGY
effectiveness of business processes, supporting
Adira Finance continues to business expansion, mitigating operational risks,
innovate and enhance service gaining competitive edge, and maintaining its
leading position in the finance industry.
excellence through strategic
investments in advanced By effectively leveraging IT, Adira Finance remains
information technology. agile and adaptable in the dynamic and competitive
By optimizing synergy across financial industry. The Company consistently drives
innovation by implementing and advancing cutting-
the Company and leveraging edge IT solutions. This empowers Adira Finance
the power of technology, to undergo digital transformations, delivering
we are committed to convenient and swift services to both customers
driving business growth, and business partners.
accelerating innovation, INFORMATION TECHNOLOGY BLUEPRINT
and strengthening our Adira Finance continues to enhance its Information
competitive advantage in the Technology (IT) infrastructure to support
industry. the achievement of the Company’s strategic
objectives. The main focus includes strengthening
cybersecurity by protecting systems from malware
Information Technology (IT) has a vital role in the threats and ensuring continuous operational
successful implementation of short-term and long- stability. In addition, the Company implements
term business strategies at Adira Finance. In light robust IT governance through a structured
of this, the Company bolsters its business strategies framework to manage security, risk management,
by strategically integrating IT applications. By doing and compliance. To support this initiative, Adira
so, the Company optimizes the efficiency and Finance also builds and maintains a competent and
highly competitive IT workforce and team.
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Adira Finance utilizes an Information Technology STRATEGY, FOCUS AND POLICIES IN 2024
blueprint as a strategic guide to direct its IT In 2024, Adira Finance directed its IT strategy, focus,
initiatives. This comprehensive roadmap covers and policies to support a comprehensive digital
various aspects, including application lifecycle transformation, aimed at improving operational
management, which encompasses development, efficiency, customer experience, and data security.
maintenance, and support; infrastructure
management for overseeing and maintaining The Company continues to adopt cloud-based
hardware, software, and networks; and data technologies to enhance the scalability and
management to ensure secure and effective flexibility of its IT infrastructure, ensuring more
handling. This comprehensive roadmap covers efficient and adaptive operations. Furthermore,
various aspects, including application lifecycle the utilization of artificial intelligence (AI) and
management, which involves development, machine learning (ML) is implemented in data
maintenance, and support; infrastructure analysis to support the provision of more relevant
management to oversee and maintain hardware, and customer-centric services.
software, and networks; and data management to
ensure secure and effective handling. Additionally, Furthermore, the Company’s IT strategy
the roadmap includes IT security through the focuses on the development and
implementation of strong protection measures, optimization of digital applications to
financial planning for budget management and improve customer access to services.
resource allocation, and risk management to In addition, cybersecurity enhancements are
identify and mitigate potential IT threats. continuously carried out to protect Company
and customer data from potential threats. The
The Blueprint outlines all short-term and long-term Company is also strengthening its analytics
IT initiatives and is regularly updated to align with systems to support faster and more accurate
the evolving business needs of Adira Finance. data-driven decision-making.
Adira Finance continued to adopt various IT Regarding IT policy, Adira Finance has implemented
implementation standards recognized within the a data-driven decision-making policy across all
finance industry, such as: organizational levels; developed an information
• Control Objective for Information and Related security framework based on international
Technology (COBIT), Information Technology standards such as ISO 27001; and enhanced
Integrated Library, and OJK Regulation Number employee competencies through continuous
4/POJK.05/2021 concerning the Implementation training in the latest technologies.
of Risk Management in the Utilization of
Information Technology by Non-Bank Financial IT INNOVATIONS IN 2024
Services Institutions, which generally applies to As a follow-up to its IT developments in 2023,
the banking sector. Adira Finance has continued to conduct various
• The Open Group Architecture Foundation innovation in IT throughout 2024, such as:
(TOGAF) in terms of the development and • Implementation of Software-Defined Wide
management of IT Architecture. Area Network (SD-WAN) to enhance network
• ISO 270001 which is a globally recognized availability and reduce network costs across 515
standard for information security management branches, thereby streamlining daily operations.
systems (ISMS). It provides a systematic approach • Expansion of ISO 27001 Certification and
to managing sensitive Company information, Surveillance to ensure the achievement of
ensuring its confidentiality, integrity and information security system targets based on
availability. the utilization of Dukcapil data.
• ISO 20000-1 which is an IT Service Management • Enhancement of Security Operations Center
(ITSM) standard, provides a framework for (SOC) Capabilities to bolster the SOC and related
implementation and continuous improvement security devices with Machine Learning (ML) and
processes to maintain optimal customer Artificial Intelligence (AI) capabilities.
satisfaction with IT systems and ensure the • Implementation of an Integrated Development,
achievement of delivery targets for quality IT Testing, and Maintenance Environment to
services. improve the quality, reliability, and resilience of
IT systems.
• Implementation of Robotic Process Automation
(RPA) to automate repetitive manual processes
such as data validation and document
processing, resulting in time efficiency.
• Enhancement of IT Organization Capabilities
to strengthen the organization’s IT security,
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
governance, architecture, and management • IT Advisory Board, chaired by the Director
functions through focused efforts on IT Security, supervising Information Technology, responsible
IT Governance, IT Architecture, and IT Office, for, among others, determining changes in
including the addition of competent IT security project priorities and the implementation of
capabilities, the improvement and updating of strategic IT projects; and
standards, policies, and processes within the IT • Project Steering Committee, which is
operating model, and the management of an responsible for ensuring adequate IT project
integrated IT architecture. governance.
• Implementation of ISO 20000-1-based Service
Management System to guarantee quality IT Adira Finance has added the standards set for
service targets aligned with international and Information Technology (IT), namely The Open Group
industry standards. Architecture Foundation (TOGAF), in developing
and managing the Company’s IT Architecture.
BUSINESS DEVELOPMENT STRATEGY Adira Finance has also equipped the IT system
In 2024, Adira Finance integrated IT development with a quick recovery mechanism in case of system
into its business strategy to strengthen disturbances. These disturbances could be due to
competitiveness and maximize growth. Key steps natural disasters such as floods and fires or damage
taken include the development of digitalization to the production system. As potential internal and
and digital ecosystems, and a focus on a customer- external threats and risks can be quickly identified,
centric approach. Adira Finance can manage risks more adequately
and is able to mitigate risks experienced by the
On the development of digitalization and digital Company expeditiously.
ecosystems, the Company continues to develop its
digital platforms, such as the Adiraku app, as well as STRATEGIC PLANS FOR 2025
other digital services like momobil.id and dicicilaja. Adira Finance will continue to make the necessary
com. Both are focused on process automation innovations in business processes to achieve better
and technology investment to enhance customer growth by utilizing the application of Information
experience and expand the Company’s business Technology. In 2025, Adira Finance will continue
reach. Moreover, the Company is developing the with various IT development strategies and plans,
Danadira application to offer cash loan services namely:
to consumers. As of the end of 2024, the Adiraku • Enhancing the rapid system recovery service
application has been downloaded 4.5 million times during disaster scenarios by establishing a more
with 1.6 million registered users. comprehensive and advanced data center;
• Implementation of core system modernization
Meanwhile, the focus on a customer-centric and digitalization (Borneo) to improve the
approach is executed through the offering of customer’s experience level;
customer loyalty programs such as Adira Points and • Continuing the well-managed documentation
other attractive programs to maintain satisfaction process on information technology applications;
and encourage increased customer retention. For • Continuing the business initiative process based
example, eligible customers can participate in a on the data owned by Adira;
pilgrimage umrah draw and also enjoy competitive • Increasing the capability of Security Operation
interest rates. Center (SOC) and security infrastructure
related to Machine Learning (ML) and Artificial
INFORMATION TECHNOLOGY Intelligence (AI);
GOVERNANCE • Conducting data security through the use of
Adira Finance utilizes IT Governance to support its data encryption on mobile application;
leadership, management, organizational structure, • Continuing the multi-layered cyber security
and sustainable processes, thus maintaining its process; and
position at the forefront of digital business in the • Preparing the facilities for supporting activities
financing industry. and communication within Business Continuity
Plan (BCP).
In line with this, Adira Finance continues to • Continuing the IT infrastructure and operation
strengthen its IT organization and governance 24/7;
structure, which includes: • Implementation of data breach prevention
• IT Steering Committee, chaired by the President measures.
Director, responsible for setting the strategic
direction and strategic IT projects.
• IT Architecture Board, chaired by the Director
supervising Information Technology, responsible
for establishing the IT architecture platform.
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FINANCIAL REVIEW ANALYSIS
Adira Finance continues striving to maintain its performance
amid challenging macroeconomic conditions. The
implementation of adaptive business strategies is essential
for maintaining revenue stability, despite pressures in the
automotive industry and rising funding costs. Additionally,
customer trust and satisfaction are vital in ensuring business
continuity, driving the Company to continuously improve service
quality and offer innovative financing solutions that meet market
demands.
MANAGEMENT DISCUSSION
Adira Finance has prepared its Audited Financial Statements for the years ending on December 31, 2024,
2023, and 2022 in compliance with Indonesian Financial Accounting Standards as issued by the Financial
Accounting Standards Board (including the Indonesia Sharia Accounting Standards Board) and the Capital
Market Regulation No. VIII.G.7 regarding “Issuer or Public Company’s Financial Statements Presentation and
Disclosure Guidelines.”
The following financial performance analysis refers to the Audited Financial Statements of PT Adira Dinamika
Multi Finance Tbk for the years ending on December 31, 2024, 2023, and 2022. The Company’s Financial
Statements as of December 31, 2024 and for the year then ended had been audited by the Public Accounting
Firm of Liana Ramon Xenia & Partner (member (as such term is used in Regulation of the Ministry of Finance
Number 186/PMK.01/2021 and Regulation of the Financial Services Authority Number 9 of 2023) of Deloitte
Southeast Asia Limited), independent auditors, in accordance with Standards on Auditing established by the
Indonesian Institute of Certified Public Accountants, with an unmodified opinion as stated in its report of
February 13, 2025 and with Elisabeth Imelda, S.E., M.Ak., CPA as the partner in charge.
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and Analysis Responsibility
In the first half of 2024, Indonesia encountered Overall, Adira Finance has recorded net income
several economic challenges, including prolonged after tax (NPAT) of IDR1.4 trillion in 2024, which was
high inflation that weakened consumer purchasing 27.6% (yoy), a decline of 27.6% (yoy) from IDR1.9 trillion
power. This situation has been further exacerbated in 2023. Along with the decrease in net profit after
by escalating global geopolitical tensions and a tax, the Adira Finance’s Return on Average Assets
decline in the domestic middle-class population, (ROAA) and Return on Average Equity (ROAE) have
ultimately slowing the recovery of the real sector both slipped as well to 5.3% and 12.7%, respectively
and dampening domestic consumption growth. in 2024 compared to 8.6% and 18.7%, respectively in
However, as the second half of 2024 unfolds, 2023.
inflationary pressures have begun to ease, allowing
Bank Indonesia with the flexibility to adopt a more STATEMENT OF FINANCIAL POSITION
accommodative monetary policy by cutting the Based on the Company’s statement of financial
BI7DRR interest rate to 6.00%. According to Statistics position, Adira Finance’s total assets had increased
Indonesia (BPS), Indonesia’s economic growth by 5.1% (yoy) to IDR32.6 trillion in 2024 compared
reached 5.03% (yoy) throughout 2024, slightly lower to IDR31.0 trillion in 2023. The Company’s total
than 5.05% (yoy) in 2023. liabilities had also increased from IDR19.9 trillion in
2023 to IDR21.0 trillion in 2024, grew by 5.7% (yoy).
Amid challenging domestic economic conditions, In addition, total equity increased by 4.0% (yoy) to
the performance of the automotive industry in IDR11.6 trillion in 2024 from IDR11.1 trillion in 2023.
Indonesia has softened, consequently impacting
to Adira Finance’s performance. Throughout 2024, Assets
Adira Finance recorded IDR36.6 trillion in new At the end of 2024, Adira Finance had recorded
financing, declined by 11.9% (yoy). Meanwhile, the IDR32.6 trillion in total assets, increased by 5.1%
company’s managed receivables—including joint (yoy) from IDR31.0 trillion in 2023. The increases
financing remained relatively stable at IDR56.0 of financing receivables, and the Company’s
trillion. Joint financing accounted for 47.2% of the investment in associate were the key drivers behind
company’s total managed receivables. the Company’s growth in total assets in 2024.
In terms of revenue, Adira Finance posted a 5.1% Specifically on investment in associate, Adira
(yoy) increase in 2024 to IDR10.0 trillion compared Finance has completed its shares sales and purchase
to IDR9.5 trillion in 2023, while in terms of expenses, transaction on PT Mandala Multifinance Tbk in
the Company’s total expenses have increased from March 2024, which was valued at IDR873.7 billion
IDR7.0 trillion in 2023 to IDR8.2 trillion in 2024. This
increase was primarily driven by higher cost of fund
and Provision for impairment losses. As a result,
income before income tax stood at IDR1.8 trillion,
marking a 29.1% (yoy) decline in 2024.
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In the last three years, the contribution of financing receivables – net to the Company’s total assets is shown
on the following chart:
The Contribution of Financing Receivables – Net to the Company’s Total Assets
(In IDR Trillion)
31.0 32.6
24.9
1.4 2.2
0.9 5.5 5.6
4.0
17.2 20.7 20.2
2022 2023 2024
Consumer financing receivables - net Murabahah financing receivables - net
Finance lease receivables - net Total aset
Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Cash and cash equivalents 1,286.4 1,435.5 1,553.9 11.6% 8.2%
Consumer financing receivables - net of 17,204.7 20,680.6 20,150.1 20.2% (2.6%)
allowance for impairment losses
Murabahah financing receivables - net of 4,033.4 5,520.1 5,551.9 36.9% 0.6%
allowance for impairment losses
Finance lease receivables - net of allowance for 918.0 1,444.3 2,235.4 57.3% 54.8%
impairment losses
Other assets 1,454.7 1,926.7 3,096.9 32.4% 60.7%
Total assets 24,897.2 31,007.2 32,588.2 24.5% 5.1%
Cash and Cash Equivalents
By the end of 2024, Adira Finance’s position of total cash on hand and in banks stood at IDR1.6 trillion, increased
by 8.2% (yoy) than IDR1.4 trillion recorded at the end of 2023. From its total cash on hand and in banks, the
Company had deposited IDR150.0 billion at PT Bank Mandiri (Persero) Tbk, and IDR111.7 billion at PT Bank
Central Asia Tbk. While at PT Bank Danamon Indonesia Tbk., one of the Company’s related parties, Adira
Finance’s cash in banks amounted to IDR826.5 billion, up from IDR737.0 billion at the end of 2023.
Consumer Financing Receivables
The Joint financing done by Adira Finance and PT Bank Danamon Indonesia Tbk. which is Adira Finance’s
parent company, represented 48.6% of total managed consumer financing receivables in 2024. Based on
the agreement between Adira Finance and PT Bank Danamon Indonesia Tbk regarding joint financing, the
portion of receivables financed by PT Bank Danamon Indonesia Tbk is maximum at 99% of the balance to
be financed and the portion of receivables financed by the Company is minimum at 1% of the balance to be
financed.
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The managed consumer financing receivables as of December 31, 2022, 2023 and 2024 are as follows:
Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Managed Receivables
Self financing 18,457.2 21,951.2 21,326.8 18.9% (2.8%)
Joint financing 15,690.6 19,924.2 20,174.6 27.0% 1.3%
Total 34,147.8 41,875.4 41,501.4 22.6% (0.9%)
Composition
Self financing 54.1% 52.4% 51.4%
Joint financing 45.9% 47.6% 48.6%
Consumer Financing Receivables in the Financial Position Report
Receivables before allowance for impairment 18,457.2 21,951.2 21,326.8 18.9% (2.8%)
losses
Less: allowance for impairment losses (1,252.5) (1,270.6) (1,176.7) 1.4% (7.4%)
Consumer financing receivables - net 17,204.7 20,680.6 20,150.1 20.2% (2.6%)
At the end of 2024, Adira Finance’s net consumer financing receivables amounted to IDR20.2 trillion, declined
by 2.6% (yoy) from IDR20.7 trillion at the end of 2023. The decline in net consumer financing receivables
was attributed to the weaker performance of the automotive sector this year. Therefore, as part of its
efforts to drive sustainable business growth, the Company is expanding its financing into non-automotive
sectors, including Solusi Dana (multipurpose financing), as part of its diversification strategy. Additionally,
the Company strenghtens collaboration with its group to enhance the customer base, and continuously
improving customer retention through better offerings and process improvements. These efforts are aligned
with initiatives to improve cost structure competitiveness by implementing digitalization processes.
The Company’s average period of consumer financing contracts in 2024 were 50 months on car financing,
29 months on motorcycle financing, 12 months on durable goods financing and 23 months on financing of
others. The weighted average effective interest rate of consumer financing receivables per annum are as
follows:
Description 2022 2023 2024
Cars 18.7% 17.1% 16.7%
Motorcycles 35.0% 34.2% 33.3%
Durable goods 61.8% 61.5% 57.6%
Other 34.1% 32.2% 31.9%
Murabahah Financing Receivables Based on the wakalah agreement between Adira
Murabahah financing receivables is a sell-buy goods Finance and PT Bank Danamon Indonesia Tbk
contract with selling price amounting to acquisition agreed to enter into a joint financing facility
cost plus agreed margin, and the Company agreement for consumer. PT Bank Danamon
must disclose the acquisition cost to consumer. Indonesia Tbk’s financing portion of the receivables
Murabahah financing receivables are recognized at is set at the maximum of 99% of the balance to
acquisition plus agreed margin. The margin itself is be financed and the remaining portion are to be
recognized over the year of the contract based on financed by Adira Finance.
margin of murabahah financing receivables.
As of the end of 2024, Adira Finance’s net murabahah
There were 42 sharia branches and 68 sharia financing receivables amounted to IDR5.6 trillion,
satellites among 508 Adira’s business network relatively stable compared to 2023 at IDR5.5 trillion.
spread across Indonesia at the end of 2024, notably
higher compared to a year earlier. Adira Finance
provides joint financing of murabahah financing
receivables with PT Bank Danamon Indonesia Tbk,
which accounted for 51.6% of total murabahah
financing receivables.
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The continued efforts to enhance consumer awareness of the Company’s sharia-based offerings in 2024 was
seen behind as one of the factors driver of the growth in murabahah financing receivables. Going forward,
Adira Finance is to continue its strategy to promote its sharia products among consumers.
Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Managed Receivables
Self financing 4,221.2 5,812.2 5,888.7 37.7% 1.3%
Joint financing 5,251.2 6,534.1 6,266.1 24.4% (4.1%)
Total 9,472.4 12,346.3 12,154.8 30.3% (1.6%)
Composition
Self financing 44.6% 47.1% 48.4%
Joint financing 55.4% 52.9% 51.6%
Murabahah Financing Receivables in the Financial Position Report
Receivables before allowance for impairment 4,221.2 5,812.2 5,888.7 37.7% 1.3%
losses
Less: allowance for impairment losses (187.8) (292.1) (336.8) 55.5% 15.3%
Murabahah financing receivables - net 4,033.4 5,520.1 5,551.9 36.9% 0.6%
The average period of the Company’s murabahah financing contracts in 2024 were 50 months on cars
financing, 29 months on motorcycles financing, 12 months on durable goods financing, and 35 months on
others financing. The weighted average effective margin of murabahah financing receivables per annum are
as follows:
Description 2022 2023 2024
Cars 18.1% 17.4% 17.1%
Motorcycles 34.1% 33.6% 32.7%
Durable goods 63.1% 61.9% 57.0%
Other 32.0% 28.1% 22.3%
Finance Lease Receivables
In providing finance lease receivables, Adira Finance uses self-financing. As the sole financing provider, the
Company transfers substantially all the risks and benefits on the asset ownership. At the end of 2024, Adira
Finance recorded finance lease receivables of IDR2.2 trillion, up 54.8% (yoy) from IDR1.4 trillion at the end of
2023. As of the end of 2024, the composition of finance lease receivables was IDR1.5 trillion of conventional
finance lease receivables and IDR728.5 billion of sharia finance lease receivables. A year earlier, conventional
finance lease receivables and sharia finance lease receivables were at IDR1.2 trillion and IDR231.4 billion,
respectively. The growth in 2024 is consistent with the Company’s initiatives to foster finance lease growth.
Finance Lease Receivables – Net
(In IDR Billion)
2024 2,235.4
2023 1,444.3
2022 918.0
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
At the end of 2024, the average period of the Company’s finance lease receivables for cars, motorcycles, and
others are 38 months, 27 months, and 22 months, respectively. The weighted average effective interest rates
of finance lease receivables (conventional) per annum for the years of 2022, 2023, and 2024 are as follows:
Uraian 2022 2023 2024
Cars 12.6% 11.3% 10.5%
Motorcycles 24.2% 25.6% 26.4%
Other 13.5% 14.1% 13.7%
Managed Receivables
Adira Finance manages all financing receivables, whether those that are financed solely by the Company
or through the joint financing scheme. Adira Finance undertakes collectively all of the financing processes
from acquisition to collection and including the management of credit risks on the consumer financing
receivables, murabahah financing receivables, and finance lease receivables, on the grounds that all of those
financing receivables have similar credit risk characteristics.
Other Assets
On other assets, Adira Finance recorded 60.7% (yoy) increase to IDR3.1 trillion at the end of 2024 from IDR1.9
trillion in 2023. Among key components of other assets includes Intangible assets - net of accumulated
amortization have increased by 144.5% (yoy) from IDR120.7 billion in 2023 to IDR295.1 billion in 2024, while
Prepaid expenses recorded IDR202.2 billion, increased by 41.3% (yoy) in 2024.
On the other hand, fixed assets – net of accumulated depreciation have increased by 25.0% (yoy) from IDR229.7
billion in 2023 to IDR287.2 billion in 2024. Conversely, other receivables – net have decreased by 48.5% (yoy)
from IDR341.0 billion in 2023 to IDR175.6 billion in 2024.
Specifically on investment in associate, Adira Finance has completed its shares sales and purchase transaction
on PT Mandala Multifinance Tbk in March 2024, which was valued at IDR873.7 billion.
Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Prepaid expenses 128.6 143.0 202.2 11.2% 41.3%
Other receivables – net 268.2 341.0 175.6 27.2% (48.5%)
Derivative assets 40.9 1.0 62.8 (97.5%) 6,143.1%
Prepaid tax 46.1 64.4 73.8 39.7% 14.6%
Investment in shares 0.7 386.4 396.9 59,340.0% 2.7%
Investment in associate - - 901.1 - 100.0%
Fixed assets - net of accumulated depreciation 161.8 229.7 287.2 42.0% 25.0%
Right of use assets 269.2 262.5 263.5 (2.5%) 0.4%
Intangible assets - net of accumulated 128.7 120.7 295.1 (6.3%) 144.5%
amortisation
Deferred tax assets 395.4 355.0 397.6 (10.2%) 12.0%
Other assets 15.1 23.0 41.1 51.4% 78.4%
Total other assets 1,454.7 1,926.7 3,096.9 32.4% 60.7%
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Liabilities
At the end of 2024, Adira Finance’s total liabilities amounted to IDR21.0 trillion, marking a 5.7% (yoy) increase.
Borrowings rose by 14.5% (yoy) in 2024, from IDR9.3 trillion in 2023 to IDR10.7 trillion. The company also
continued to diversify its funding sources, with bond payables – net increased by 8.4% (yoy), from IDR5.9
trillion in 2023 to IDR6.4 trillion in 2024. Meanwhile, mudharabah bonds - net decreased by 3.2% (yoy) , from
IDR859.0 billion in 2023 to IDR831.8 billion in 2024. Excluding funding, other liabilities declined from IDR3.8
trillion in 2023 to IDR3.2 trillion in 2024, or equivalent to a decrease of 17.7 % (yoy).
Growth (%)
Description
2022 2023 2024
(in IDR Billion)
2022-2023 2023-2024
Borrowings 5,073.1 9,313.0 10,665.5 83.6% 14.5%
Bond payables - net 4,999.2 5,885.1 6,377.8 17.7% 8.4%
Mudharabah bonds 441.0 859.0 831.8 94.8% (3.2%)
Other liabilities 4,351.5 3,837.9 3,157.3 (11.8%) (17.7%)
Total liabilities 14,864.8 19,895.0 21,032.4 33.8% 5.7%
Borrowing
Adira Finance secures it’s borrowing from various sources, both onshore and offshore banks. Leveraging
its strong track record and reputation as a leading financing company in Indonesia, Adira Finance benefits
from the support of its controlling shareholder, Bank Danamon, one of the largest banks in Indonesia and
a member of the MUFG Group. In addition, to mitigate the risks of cash flow volatility due to exchange rate
fluctuations and interest rates, the Company has implemented a hedging policy on all of its foreign currency
denominated borrowings both in principal and interest rate
As of the end of 2024, the total borrowings of Adira Finance have increased by 14.5% (yoy) to IDR10.7 trillion
from IDR9.3 trillion at the end of 2023. All of the borrowings were dominated from onshore banks, while
IDR5.2 trillion worth of borrowings were from offshore banks. On the other hand onshore borrowings had
decreased by 39.4% (yoy) from IDR9.1 trillion in 2023 to IDR5.5 trillion in 2024.
Information on details of Adira Finance’s borrowing balance as of December 31, 2022, 2023 and 2024 are as
follows:
Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Rupiah
PT Bank Danamon Indonesia Tbk 645.4 992.1 215.3 53.7% (78.3%)
MUFG Bank, Ltd . (Jakarta) 1,265.4 1,154.2 433.3 (8.8%) (62.5%)
PT Bank Mandiri (Persero) Tbk 941.7 1,727.3 1,142.6 83.4% (33.8%)
PT Bank Pan Indonesia Tbk 773.2 1,931.5 1,042.2 149.8% (46.0%)
PT Bank Central Asia Tbk 175.0 1,064.7 599.4 508.4% (43.7%)
PT Bank Maybank Indonesia Tbk - 1,551.6 527.5 100.0% (66.0%)
Citibank, N.A., Indonesia - - 450.0 0.0% 100.0%
PT Bank Negara Indonesia Tbk - - 320.5 0.0% 100.0%
PT Bank UOB Indonesia 487.5 75.0 250.0 (84.6%) 233.3%
PT Bank DKI - - 155.6 0.0% 100.0%
PT Bank BCA Syariah - 233.3 133.3 100.0% (42.9%)
PT Bank Pembangunan Daerah Jawa Barat dan - 181.6 120.0 100.0% (33.9%)
Banten Tbk
PT Bank DBS Indonesia - 91.5 108.3 100.0% 18.4%
PT Bank Muamalat Indonesia Tbk - 75.0 - 100.0% (100.0%)
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Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
US Dollar
MUFG Bank, Ltd. (Hong Kong) - Syndicated - - 4,104.2 0.0% 100.0%
BNP Paribas (Singapore) - Syndicated 784.9 - - (100.0%) 0.0%
Japanese Yen
MUFG Bank, Ltd. (Singapore) - 235.2 1,063.3 100.0% 352.1%
Total Borrowings 5,073.1 9,313.0 10,665.5 83.6% 14.5%
Based on its currency denomination, in 2024 Adira Finance’s borrowings were 51.5% in Rupiah and 48.5% in
US dollar and Japanese Yen, compared to in 2023 when 97.5% of total borrowings were in rupiah while 2.5%
were in Japanese Yen.
(In IDR Trillion)
10.7
9.3
0.2
5.2
5.1
0.8
4.3 9.1 5.5
2022 2023 2024
Rupiah Loans Loans in Foreign Currency
Total Borrowing
Bonds Payable – Net and Mudharabah Bonds
Other than bank borrowings, Adira Finance diversifies its funding sources from the capital market by issuing
bonds and mudharabah bonds. In 2024, the Company recorded a total of IDR6.4 trillion worth of bonds payable
– net and IDR831.8 billion worth of mudharabah bonds. The bonds payable – net was increased by 8.4% (yoy)
from IDR5.9 trillion in 2023, while the mudharabah bonds were declined by 3.2% (yoy) from IDR859.0 billion in
2023. Overall, the Company’s bonds payable – net and mudharabah bonds in 2024 were rose by 6.9% (yoy) to
IDR7.2 trillion from IDR6.7 trillion in 2023.
Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Continuing bonds IV phase II 162.0 - - (100.0%) 0.0%
Continuing bonds IV phase III 460.8 - - (100.0%) 0.0%
Continuing bonds IV phase IV 328.0 328.0 - 0.0% (100.0%)
Continuing bonds IV phase V 607.7 607.7 - 0.0% (100.0%)
Continuing bonds IV phase VI 190.0 190.0 - 0.0% (100.0%)
Continuing bonds V phase I 816.0 - - (100.0%) 0.0%
Continuing bonds V phase II 741.0 741.0 - 0.0% (100.0%)
Continuing bonds V phase III 1,700.0 1,080.0 1,080.0 (36.5%) 0.0%
Continuing bonds VI phase I - 1,700.0 1,295.0 100.0% (23.8%)
Continuing bonds VI phase II - 1,250.0 415.6 100.0% (66.8%)
Continuing bonds VI phase III - - 1,600.0 0.0% 100.0%
Continuing bonds VI phase IV - - 2,000.0 0.0% 100.0%
Unamortised bonds issuance costs (6.3) (11.6) (12.8) 83.6% 9.8%
Bonds payable - net 4,999.2 5,885.1 6,377.8 17.7% 8.4%
Continuing mudharabah bonds III phase II 29.0 - - (100.0%) 0.0%
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Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Continuing mudharabah bonds III phase III 32.0 32.0 - 0.0% (100.0%)
Continuing mudharabah bonds III phase IV 14.0 14.0 - 0.0% (100.0%)
Continuing mudharabah bonds IV phase II 66.0 66.0 - 0.0% (100.0%)
Continuing mudharabah bonds IV phase III 300.0 147.0 147.0 (51.0%) 0.0%
Continuing mudharabah bonds V phase I - 300.0 236.0 100.0% (21.3%)
Continuing mudharabah bonds V phase II - 300.0 48.8 100.0% (83.7%)
Continuing mudharabah bonds V phase III - - 400.0 0.0% 100.0%
Mudharabah bonds 441.0 859.0 831.8 94.8% (3.2%)
Total bonds payable - net and mudharabah 5,440.2 6,744.1 7,209.6 24.0% 6.9%
bonds
As part of its strategy to diversify funding sources, Adira Finance regularly issues bonds annually. In 2024, Adira
Finance issued PUB Bonds VI Phase III and Continuing Mudharabah Bonds V Phase III in May 2024, totaling
IDR2.0 trillion, followed by PUB Bonds VI Phase IV in October 2024, also worth IDR2.0 trillion. Both issuances
were oversubscribed by 2.3x, reflecting Adira Finance’s strong credibility within the investor community.
Other Liabilities
By the end of 2024, Adira Finance’s other liabilities were at IDR3.2 trillion, down by 17.7% (yoy) compared to the
position at the end of 2023 of IDR3.8 trillion. Overall, of the total other liabilities, the other payables component
contributed 39.1%, followed by employment benefit liabilities of 29.6%, and accrued expenses of 20.2%.
Growth (%)
Description
2022 2023 2024
(in IDR Billion)
2022-2023 2023-2024
Accrued expenses 1,246.2 927.9 637.7 (25.5%) (31.3%)
Lease liabilities 168.7 148.0 138.0 (12.2%) (6.8%)
Other payables 1,704.4 1,599.0 1,235.2 (6.2%) (22.8%)
Tax payables 302.1 180.8 136,2 (40.2%) (24.7%)
Derivative liabilities 5.7 - 75.4 (100.0%) 100.0%
Employment benefit liabilities 924.4 982.2 934.8 6.2% (4.8%)
Total other liabilities 4,351.5 3,837.9 3,157.3 (11.8%) (17.7%)
Equity
The Company’s financial year of 2024 had ended with the total equity of IDR11.6 trillion, higher than IDR11.1
trillion at the end of 2023. The increase in the Company’s equity was mainly driven by the increase in retained
earnings and accumulated other comprehensive income by 4.0% (yoy) to IDR11.4 trillion in 2024 from IDR11.0
trillion in 2023. Issued and fully paid-up capital and additional paid-in capital have remained unchanged in
2024 at IDR100.0 billion and IDR6.8 billion, respectively.
Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Issued and fully paid-up capital 100.0 100.0 100.0 0.0% 0.0%
Additional paid-in capital 6.8 6.8 6.8 0.0% 0.0%
Retained earnings
- Appropriated 207.1 223.1 242.6 7.8% 8.7%
- Unappropriated 9,721.9 10,783.0 11,208.2 10.9% 3.9%
Changes in fair value on investment in - - 9.6 0.0% 100.0%
shares measured at fair value through other
comprehensive income
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Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Cumulative losses on derivative instrument for (3.4) (0.7) (11.4) (77.9%) 1,420.1(%)
cash flows hedges - net
Equity 10,032.4 11,112.2 11,555.8 10.9% 4.0%
PROFIT AND LOSS STATEMENTS
Overall, Adira Finance’s total income had increased by 5.1% (yoy) to IDR10.0 trillion in 2024 from IDR9.5 trillion
in 2023. Net income for the year however, had declined by 27.6% (yoy) from IDR1.9 trillion in 2023 to IDR1.4
trillion in 2024 on the back of bigger increase in total expenses which had increased by 17.1% (yoy) from IDR7.0
trillion in 2023 to IDR8.2 trillion in 2024.
Detailed information about the statement of profit or loss and other comprehensive income for 2022-2024 is
as follows:
PROFIT AND LOSS STATEMENT
Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Total income 8,340.4 9,507.9 9,989.9 14.0% 5.1%
Total expenses (6,300.7) (7,035.3) (8,237.6) 11.7% 17.1%
Net income before income tax expense 2,039.7 2,472.6 1,752.3 21.2% (29.1%)
Income tax expense 434.2 528.6 345.6 21.8% (34.6%)
Net income for the year 1,605.5 1,944.0 1,406.7 21.1% (27.6%)
Other comprehensive income net of tax 87.5 (61.2) 8.9 (170.0%) (114.5%)
Total comprehensive income for the year 1,693.0 1,882.8 1,415.6 11.2% (24.8%)
TOTAL INCOME
Adira Finance’s total income is comprised of consumer financing income, murabahah margin income, finance
leases income, other income and share in net income of associate. In 2024, the Company’s total income had
expanded from IDR9.5 trillion in 2023 to IDR10.0 trillion in 2024, which was equivalent to an increase of 5.1%
(yoy).
The details of the Company’s total income during 2022-2024 period are as follows:
TOTAL INCOME
Growth (%)
Description
2022 2023 2024
(in IDR Billion)
2022-2023 2023-2024
Consumer financing 5,373.7 6,041.7 6,190.9 12.4% 2.5%
Murabahah margin 1,195.2 1,482.9 1,561.5 24.1% 5.3%
Finance lease 68.2 147.9 266.5 116.7% 80.2%
Other 1,703.3 1,835.4 1,950.9 7.8% 6.3%
Share in net income of associate - - 20.1 - 100.0%
Total income 8,340.4 9,507.9 9,990.9 14.0% 5.1%
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 193
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Consumer Financing Income Other Income
Consumer financing income, accounting for 62.0% Throughout 2024, other income increased by 6.3%
of total revenue, saw an increase of 2.5% (yoy), (yoy), reaching IDR2.0 trillion, compared to IDR1.8
reaching IDR6.2 trillion in 2024, compared to IDR6.0 trillion in 2023, contributing 19.5% to total revenue.
trillion in 2023, with relatively flat growth in 2024. This This other income such as administration fees,
was attributed to a slight 2.6% (yoy) decline in Adira late charge from consumers, income from early
Finance’s net consumer financing receivables, due settlement before the financing term ends, recovery
to pressures faced by the automotive industry and of written-off receivables, interest on current
weakening macroeconomic conditions throughout accounts, and insurance commissions.
2024.
Share in Net Income of Associate
Murabahah Margin Income The Company recorded IDR20.1 billion in income
As of the end of 2024, murabahah margin income in 2024 as a share in net income of associate. This
was recorded at IDR1.6 trillion, reflecting a 5.3% (yoy) income came from 10% ownership of PT Mandala
increase compared to the same period last year. Multifinance, Tbk. (MFIN) of which its shares
Murabahah margin income accounted for 15.6% of purchase transaction had been completed in March
total revenue in 2024, which is relatively the same as 2024.
the previous year.
Total Expenses
Finance Lease Income Adira Finance recorded a 17.1% (yoy) increase in total
In terms of automotive leasing, Adira Finance’s expenses in 2024, reaching IDR8.2 trillion, compared
income from finance lease had increased by 80.2% to IDR7.0 trillion in 2023. This increase was primarily
(yoy) from IDR147.9 billion in 2023 to IDR266.5 driven by higher interest expenses and financial
billion in 2024. This increase was in line with the costs resulting from the increase in the average
robust growth in the Company’s net finance lease borrowings balance during 2024, as well as an
receivables from IDR1.4 trillion in 2023 to IDR2.2 increase in provisions for impairment losses on
trillion in 2024, or equivalent to 54.8% (yoy) increase. financing throughout 2024.
Consequently, the contribution from finance lease
income had also improved from 1.6% in 2023 to 2.7%
in 2024.
The following table details the Company’s total expenses for the years 2022-2024:
TOTAL EXPENSES
Growth (%)
Description
2022 2023 2024
(in IDR Billion)
2022-2023 2023-2024
Salaries and benefit 2,304.4 2,419.7 2,485.6 5.0% 2.7%
General and administrative 1,320.9 1,338.9 1,541.2 1.4% 15.1%
Interest expense, financing charges and revenue 729.3 1,012.2 1,355.6 38.8% 33.9%
sharing for mudharabah bonds
Allowance for impairment losses 1,255.7 1,647.7 2,225.7 31.2% 35.1%
Marketing and others 690.4 616.8 629.5 (10.7%) 2.1%
Total expenses 6,300.7 7,035.3 8,237.6 11.7% 17.1%
Operating Expenses
The operating expenses, which consist of salaries and benefit, as well as general and administrative expenses,
recorded an increase in 2024. These operating expenses rose by 7.1% (yoy), from IDR3.8 trillion in 2023 to
IDR4.0 trillion in 2024. This increase was primarily driven by a 15.1% (yoy) rise in general and administrative
expenses, which reached IDR1.5 trillion in 2024, compared to IDR1.3 trillion in 2023. Meanwhile, salaries benefit
expenses increased by 2.7% (yoy), reaching IDR2.5 trillion in 2024, up from IDR2.4 trillion in 2023.
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Salaries and Benefits Expenses
In 2024, Adira Finance saw a moderate increase of 2.7% (yoy) in salaries and benefits expenses, totaling IDR2.5
trillion, up from IDR2.4 trillion in 2023. This steady rise is in line with the company’s strategic approach to
efficiently manage operational costs while prioritizing employee well-being as part of the company’s efforts
to create a good working environment. These actions as part of Adira Finance’s commitment to maintaining a
balance between human resource management and the sustainability of the company’s financial performance,
which is expected to contribute to the company’s long-term objectives amidst a dynamic market landscape.
The following table outlines the Company’s salaries and benefits expenses for 2022-2024:
SALARIES AND BENEFITS EXPENSES
Growth (%)
Description
2022 2023 2024
(in IDR Billion)
2022-2023 2023-2024
Salaries and allowance 2,173.0 2,276.7 2,300.2 4.8% 1.0%
Post-employment benefits 66.7 62.8 151.8 (5.8%) 141.5%
Training and education 64.7 80.2 33.6 23.9% (58.1%)
Total 2,304.4 2,419.7 2,485.6 5.0% 2.7%
General and Administrative Expenses
General and administrative expenses include office expenses, rental expenses, transportation, installment
collection fees, repairs and maintenance, depreciation of fixed assets and right-of-use assets, amortization
of intangible assets, and insurance expenses for fixed assets and other. Throughout 2024, total general and
administrative expenses increased by 15.1% (yoy), reaching IDR1.5 trillion, compared to IDR1.3 trillion in 2023.
This increase occurred in line with the company’s efforts to support broader operational expansion and
development. Among these components, office expenses, rental expenses, and repairs and maintenance
expenses were the three largest categories, each contributing 29.2%, 35.5%, and 23.8% of total general and
administrative expenses, respectively.
GENERAL AND ADMINISTRATIVE EXPENSES
Growth (%)
Description
2022 2023 2024
(in IDR Billion)
2022-2023 2023-2024
Office expenses 558.1 580.0 749.5 3.9% 29.2%
Rental expenses 143.2 167.3 226.8 16.9% 35.5%
Depreciation of right-of-use assets 99.0 99.9 104.6 1.0% 4.6%
Repairs and maintenance 97.3 99.5 123.1 2.2% 23.8%
Installment collection fees 61.9 64.0 68.3 3.4% 6.7%
Intangible assets amortisation 61.8 50.5 49.4 (18.3%) (2.1%)
Depreciation of fixed assets 47.3 48.7 48.2 3.0% (0.9%)
Transportation 43.8 71.2 69.1 62.6% (3.0%)
Fixed asset and other insurance 2.4 2.2 1.9 (8.5% ) (15.8%)
Others 206.1 155.6 100.3 (24.5%) (35.6%)
Total 1,320.9 1,338.9 1,541.1 1.4% 15.1%
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Interest Expenses, Financing Charges and Throughout 2024, the company recorded a 33.9%
Revenue Sharing for Mudharabah Bonds (yoy) increase in total Interest expense, financing
Adira Finance’s funding costs encompass interest charges and revenue sharing for mudharabah
on borrowings, bonds payable and lease liabilities, bonds, reaching IDR1.4 trillion, compared to IDR1.0
provisions for bank loan, issuance cost for bonds trillion in 2023. This increase was primarily driven by
and mudharabah bonds, along with revenue a 43.1% (yoy) rise in interest on borrowings, which
sharing on mudharabah bonds. Borrowings, bonds amounted to IDR878.2 billion in 2024, and a 13.9%
and mudharabah bonds represent external funding (yoy) increase in interest on bond payables, reaching
sources for the Company, distinct from its joint IDR386.6 billion. Interest expenses on lease liabilities
financing scheme. Funding costs associated with decreased by 9.3% (yoy) to IDR11.4 billion, while
financing receivables recorded under the joint revenue sharing of sukuk mudharabah remained
financing scheme are included in the net interest relatively stable at IDR15.5 billion in 2024.
income from financing. Conversely, when financing
receivables are booked through self-financing, the
related costs are recognized as interest expense,
financing charges, and revenue sharing for
mudharabah bonds.
Information regarding the Company’s Interest expenses, financing charges and revenue sharing for
mudharabah bonds for 2022-2024 is as follows:
INTEREST EXPENSE AND FINANCING CHARGES
Description Growth (%)
2022 2023 2024
(in IDR Billion) 2022-2023 2023-2024
Interest on bond payables 427.0 339.5 386.6 (20.5%) 13.9%
Interest on borrowings 257.9 613.6 878.2 137.9% 43.1%
Interest expenses on lease liabilities 14.3 12.6 11.4 (11.3%) (9.3%)
Amortisation of mudharabah bonds issuance 1.0 0.8 2.3 (21.6%) 178.2%
cost
Provision & administration expenses on - 0.2 - 100.0% (100.0%)
mudharabah loans
Revenue sharing of mudharabah loans - 15.5 15.5 100.0% 0.5%
Revenue sharing for mudharabah bonds 29.1 30.0 61.6 2.9% 105.4%
Total 729.3 1,012.2 1,355.6 (38.8%) 33.9%
Provision for Impairment Losses Expense Net Income for the Year
Adira Finance regularly reviews its provision for The economic uncertainty and the downturn in
impairment losses on financing receivables to the automotive industry throughout 2024 posed
maintain its adequacy. substantial challenges for Adira Finance’s business
landscape. Although the company managed to
On allowance for impairment losses, the Company achieve a rise in total revenue, the volatile market
had raised the amount to IDR2.2 trillion in 2024, conditions and pressures from the automotive
which was 35.1% (yoy) higher than IDR1.6 trillion sector had a negative impact on its financial
in 2023. Management is confident that the 2024 performance. Consequently, the company’s net
provision for impairment losses adequately covers profit in 2024 decreased by 27.6% (yoy) to IDR1.4
potential losses from uncollectible financing trillion from IDR1.9 trillion in 2023.
receivables.
Other Comprehensive Income and Total
Marketing and Other Expenses Comprehensive Profit in the Current Year
Adira’s marketing expense in 2024 had increased The company performs calculations on the post-
by 2.2% (yoy) to IDR625.0 billion compared to employment benefit program, where actuarial
IDR611.6 bliion in 2023. Conversely, the Company’s gains and losses arising from adjustments and
other expenses had dropped by 12.7% (yoy) to IDR changes in actuarial assumptions are recognized
4.5 billion in 2024 from IDR5.2 billion in 2023. Overall, in other comprehensive income as an item that will
both marketing and other expenses were up from not be reclassified to profit or loss.
IDR616.8 billion in 2023 to IDR629.5 billion in 2024.
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Changes in the fair value of investment in shares are recognized in other comprehensive income as an item
that will not be reclassified to profit or loss.
Adira Finance also uses derivative instruments to hedge against interest rate and foreign exchange risks
associated with its foreign currency-denominated working capital loans, which carry floating interest rates.
Derivative instruments held for risk management are measured at fair value in the statement of financial
position. The effective portion of changes in the fair value of derivatives is recognized in other comprehensive
income as item that will be reclassified to profit or loss.
Earnings Per Share
In line with its lower net profit for the year, Adira Finance’s earnings per share (EPS) had also declined from
IDR1,944 per share in 2023 to IDR1,407 per share in 2024, or lower by 27.6% (yoy).
CASH FLOW REPORT
CASH FLOW REPORT
Growth (%)
Description
2022 2023 2024
(in IDR Billion)
2022-2023 2023-2024
Cash flows from operating activities 829.4 (4,052.1) 461.4 (588.6%) (111.4%)
Cash flows from investing activities (16.6) (533.5) (1,147.2) 3,118.4% 115.0%
Cash flows from financing activities (1,164.0) 4,734.7 804.2 (506.8%) (83.0%)
Net increase (decrease) in cash & cash (351.2) 149.1 118.4 (142.5%) (20.6%)
equivalents
Cash & cash equivalents at the beginning 1,637.6 1,286.4 1,435.5 (21.4%) 11.6%
of the year
Cash & cash equivalents at the end of the year 1,286.4 1,435.5 1,553.9 11.6% 8.2%
Cash Flow from Operating Activities
Adira Finance recorded a net cash flow generated by operating activities of IDR461.4 billion in 2024, in contrast
to the net cash flow used for operating activities of IDR4.1 trillion in 2023. The change came from the 13.3%
(yoy) increase in cash received from financing transactions from IDR40.8 trillion in 2023 to IDR46.2 trillion in
2024, while at the same time the Company’s cash disbursements for financing transactions had declined
from IDR42.0 trillion in 2023 to IDR37.2 trillion in 2024. Conversely, the Company’s cash received from joint
financing had declined by 14.8% (yoy) to IDR17.4 trillion in 2024 compared to IDR20.4 trillion in 2023, and its
cash disbursements for principal on joint financing had also increased by 13.6% (yoy) from IDR13.4 trillion in
2023 to IDR15.2 trillion in 2024.
Cash Flow from Investing Activities
In terms of investing activities, Adira Finance’s net cash used in investing activities had increased by 115.0%
(yoy) from IDR533.5 billion in 2023 to IDR1.1 trillion in 2024. This increase came from placement in investment
in associate amounting to IDR880.7 in 2024 and the 292.0% (yoy) increase in acquisition of intangible assets
worth IDR158.5 billion in 2024 compared to IDR40.4 billion in 2023. On the other hand, after in 2023 it spent
IDR386.4 billion in acquisition of investment in shares, Adira Finance received IDR1.8 billion in 2024 for
adjustment to value of investment in shares.
Cash Flows from Financing Activities
In 2024, Adira’s net cash from financing activities amounted to IDR804.2 billion, which was 83.0% (yoy) lower
compared to IDR4.7 trillion in 2023. This decrease was mainly due to a decrease in bank loan receipts by 26.6%
(yoy) to IDR15.5 trillion. Meanwhile, payments on principal of bonds and bonds increased by 50.9% (yoy) and
134.7% (yoy) to IDR3.1 trillion and IDR427.2 billion, respectively.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 197
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OTHER MATERIAL INFORMATION
SOLVENCY
Despite the uncertainties and challenges faced from both the global and domestic economies throughout
2024, Adira Finance has successfully demonstrated its ability to meet all debt obligations, both short-term
and long-term. This robust performance is evident through impressive liquidity, solvency, and gearing ratios.
Furthermore, Adira Finance successfully maintained the highest national and international investment grade
ratings in 2024 with an idAAA/stable assessment from the national rating agency (Pefindo), and a BBB rating
from the international rating agency Fitch Rating. Additionally, Moody’s upheld its international rating of
Baa1/stable , which is higher than the national sovereign rating of Indonesia.
These ratings have not only boosted investor confidence but also paved the way for Adira Finance to access
better funding, both domestically and internationally.
Liquidity Ratio
Adira Finance’s liquidity ratio is calculated based on the Financial Services Authority (OJK) Regulation No. 35/
POJK.05/2018 dated December 27, 2018 regarding Business Operations of Financing Company. The Company’s
current ratio as of December 31, 2024 was recorded at 136.2% compared to December 31, 2023 of 129.3%. The
Company’s cash ratio as of December 31, 2024 was 13.6%, while on December 31, 2023, it was recorded at 12.7%.
The following data and tables show the analysis of the Company’s ability to pay its short-term debt:
Description 2022 2023 2024
Current ratio 134.4% 129.3% 136.2%
Cash ratio 14.5% 12.7% 13.6%
Throughout 2024, Adira Finance has maintained
sufficient liquidity available to repay all of its As part of its strategy to diversify funding sources,
financial obligations and to fund its business needs Adira Finance regularly issues bonds annually. In
through receipts of installments from customers 2024, Adira Finance issued PUB Bonds VI Phase III
and available funding source facilities. The Company and Continuing Sukuk Mudharabah V Phase III in
has continued to diversify its funding sources May 2024, totaling IDR2.0 trillion, followed by PUB
through continuous support of joint financing with Bonds VI Phase IV in October 2024, also worth
its parent company, Bank Danamon, as well as IDR2.0 trillion. Both issuances were oversubscribed
external borrowings which consist of bank loans, by 2.3x, respectively.
bonds and sukuk mudharabah.
Solvency Ratio
As the end of December 2024, joint financing Adira Finance continuously evaluates and ensures
represented 47.2% of managed receivables. that the Company has a healthy level of solvency.
Meanwhile, the Company’s total borrowings in This is reflected in its sound solvency ratios,
December 31, 2024 increased by 11,3% (yoy) to demonstrating the Company’s ability to meet both
IDR17.9 trillion, consisting of bank loans (onshore &
offshore) as well as bonds and mudharabah bonds,
each contributing 60%:40%.
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short-term and long-term liabilities. The Company’s liability to equity ratio as of December 31, 2024 stood
at 1.8x, while the ratio of liabilities to total assets as of December 31, 2024 at 0.6x. This asset solvency ratio
indicates that only a portion of assets was financed with liabilities, enabling the Company to maintain its
excellent capacity for repaying its debts.
Description 2022 2023 2024
Asset Solvency (times) 0.6 0.6 0.6
Equity Solvency (times) 1.5 1.8 1.8
Gearing Ratio (times) 1.0 1.5 1.7
Gearing Ratio
The gearing ratio compares the total bank Management of the Company’s liquidity and assets-
borrowings, bonds payable, and mudharabah bonds, and-liabilities is carried out under the coordination
to equity deducted by investment in shares. Adira of the Asset and Liability Committee (ALCO) to
Finance has a gearing ratio below the statutory limit ensure that the Company’s diversification strategy
of 10 times as stipulated in the OJK Regulation No. can be carefully managed, liquidity risks are soundly
35/POJK.05/2018 dated December 27, 2018 regarding mitigated, which will optimum returns are achieved.
Business Operations of Financing Company. The ALCO Committee holds monthly meetings with
the relevant business units to ensure a liquidity
In 2024, Adira Finance had a gearing ratio of 1.7 position at the expected level. This is consistent
times, an increase compared to the position in 2023 with the Company’s policy to maintain sufficient
of 1.5 times. However, the Company has substantial financial resources to meet maturing obligations
room to expand its business going forward once the and run its business.
market recovers.
In terms of managing liquidity risk, the ALCO
Conformity of Financial Assets and Committee monitors the condition and situation of
Liabilities liquidity and takes mitigation actions if necessary.
Adira Finance continues to monitor its liquidity The effectiveness of this committee is seen from the
ratios, solvency ratios, gearing ratios and the proper management over the gap between assets
conformity of the maturity of its financial assets and and liquidity.
liabilities. This is crucial to ensure that the Company
has sufficient liquidity to meet its short term and
long-term obligations.
The table of maturity of the Company’s financial assets and liabilities for 2022-2024 is as follows:
Description 2022 2023 2024
(in IDR Billion) ≤1 Year ≥1 Year ≤1 Year ≥1 Year ≤1 Year ≥1 Year
Financial assets 17,461.3 16,277.1 21,106.3 20,045.6 22,089.5 18,979.2
Financial liabilities 7,300.3 4,701.4 10,508.6 7,648.6 10,948.4 8,924.9
Maturity gap 10,161.0 11,575.7 10,597.7 12,397.0 11,141.1 10,054.3
Analysis of Other Relevant Ratios
Adira Finance constantly met the financial ratios overseen by the regulator even as the Company carried
out sustainable financing expansion. These efforts aim to sustain business performance amid economic
challenges and a slowdown in the automotive industry. Additionally, Adira Finance continued to run its
business activities in the financing industry in accordance with the prudential principle and compliance with
applicable laws and regulations.
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The comparison of the financial ratios of the financing industry performance in 2022-2024 and Adira Finance
in 2024 is as follows:
Financing Industry Adira Finance
Ratio
2022 2023 2024 2024
FAR 85.2% 85.2% 85.5% 85.7%
GR (x) 2.1x 2.3x 2.3x 1.7x
MSMD 302.2% 315.0% 319.8% 11,555.7%
NPF 2.3% 2.4% 2.7% 2.2%
ROA 5.7% 5.6% 5.0% 5.3%
ROE 14.4% 15.0% 13.8% 12.7%
BOPO 75.6% 76.9% 79.4% 83.4%
RECEIVABLES COLLECTABILITY
In its roadmap on business strategic direction, Adira Finance is committed to continuously managing its asset
quality in order to keep the Non-Performing Financing (NPF) ratio under control by applying prudent risk
management principles. This has been highly relevant amidst the Company’s business expansion - amidst
the challenging outlook within the automotive sector.
Adira Finance classifies the collectability of its receivables based on the number of days overdue. The table
for analysis of financing receivables tenor that are managed (gross) for the period of 2022-2024 is as follows:
Description
2022 2023 2024
(in IDR Billion)
No past due 46,927.7 57,719.5 56,362.2
Overdue 1-90 days 9,873.9 13,435.4 14,212.8
Overdue >90 days 798.6 1,244.4 1,351.8
Total financing receivables - gross 57,600.2 72,399.3 71,926.8
% Total overdue to total financing receivables - gross 18.5% 20.3% 21.6%
In the last three years, the ratio of total overdue receivables to total financing receivables were at 18.5% (2022);
20.3% (2023); and 21.6% (2024), respectively. The increase in the ratio of overdue receivables in 2024 was driven
by rising basic goods prices, the decline in commodity prices, which ultimately affected consumers’ purchasing
power and payment capacity. Nevertheless, the Company continues to apply prudent risk management
principles as an effort to control credit risk, ensuring it remains at a manageable level, providing financing
that is aligned with the Company’s risk appetite, and implementing effective collection activities.
Additionally, as of December 2024, the Company reported a Non-Performing Financing (NPF) ratio, based
on overdue receivables for more than 90 days, that was within the Company’s internal limits and below the
industry average. Over the past three years, the Company’s NPF (including joint financing portions) was
recorded at 1.7% (2022); 1.9% (2023); and 2.2% (2024).
Adira Finance also monitors financing receivables in the non-performing financing category which consists
of sub-standard, doubtful, and loss financing, pursuant to the OJK Regulation No.35/POJK.05/2018. The
regulation stipulates that the non-performing financing (excluding joint financing portion) net of allowance
for impairment losses must not exceed 5%. The Company’s net NPF ratios were at 0.04% (2022); 0.49% (2023);
dan 0.34% (2024).
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CAPITAL STRUCTURE
Details on Capital Structure
Adira Finance objective in managing its capital is to protect the Company’s ability to maintain its business
continuity, allowing it to continue to provide returns to shareholders. The Company is committed to delivering
a return on investment to its shareholders in the form of cash dividends. Since the Initial Public Offering,
Adira Finance has consistently distributed dividends to its shareholders every year and has determined the
minimum dividend policy of 20% from current year net income while continuing to consider the Company’s
funding needs in the following year and the dividend policy of PT Bank Danamon Indonesia Tbk as the
controlling shareholder.
Based on the Financial Services Authority Regulation No. 35/POJK.05/2018 dated December 27, 2018 regarding
Business Operations of Financing Company, the details of the Company’s capital ratio and profitability in the
2022-2024 period are as follows:
Description
2022 2023 2024
(in IDR Billion)
Capital Ratio* 50.7% 45.0% 44.9%
Rentability Ratio*
- Return on Asset (ROA) 8.6% 8.6% 5.3%
- Return on Equity (ROE) 17.4% 18.7% 12.7%
- Net Interest Margin (NIM) 28.7% 26.0% 23.5%
* Ratios in accordance with the Financial Services Authority (OJK) regulation
Whereas the Company’s capital structure based on asset composition is as follows:
Description
2022 2023 2024
(in IDR Billion)
Liabilities 59.7% 64.2% 64.5%
Borrowings 20.4% 30.0% 32.7%
Bonds payable - net 20.1% 19.0% 19.6%
Mudharabah bonds 1.8% 2.8% 2.5%
Other Liabilities 17.4% 12.4% 9.7%
Equity - Net 40.3% 35.8% 35.5%
Assets 100.0% 100.0% 100.0%
Management Policy on Capital Structure
As stipulated in its Articles of Association, the Company’s authorized capital amounts to IDR400.0 billion,
consisting of 4 billion shares with a nominal value of IDR100 per share. From this authorized capital, 1 billion
shares have been issued by the shareholders, thus the Company’s issued capital amounts to IDR100.0 billion.
In managing capital, Adira Finance conducts monthly analysis to ensure that the Company complies with
the Financial Service Authority Regulation No. 47/POJK.05/2020 dated November 17, 2020 regarding Business
Licensing and Institutional Financing Companies and Sharia Financing Companies and Financial Service
Authority Regulation No. 35/POJK.05/2018 dated December 27, 2018 regarding Business Operations of
Financing Company which have some provisions as follows:
1. The Company’s capital ratio minimum 10%,
2. The amount of the Company’s loan to equity and subordinated loan deducted by investment is maximum
10 times, both for foreign and domestic loans
The Company has calculated the capital ratio and profitability ratios, including return on assets, return on
equity, and net interest margin.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 201
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Basis for Selection of the Management Policy on Capital Structure
Financial Service Authority Regulation No. 35/POJK.05/2018 dated December 27, 2018 regarding Business
Operations of Financing Company regulates the capital ratio, of which finance companies are required to
fulfil this ratio at the minimum of 10%. The capital ratio is a comparison of adjusted capital to adjusted assets.
The Company’s capital ratios in 2022, 2023, and 2024, were 50.7%, 45.0%, and 44.9%, respectively. The
appropriation of net income for the year included an appropriation for reserves requirements, dividend
payout, and other uses as resolved by shareholders in the GMS where the Company achieves a positive net
income. The Articles of Association states that the portion of net income for reserves requirements (minimum
20% of the issued and paid up share capital) is appropriated to cover any losses incurred by the Company.
Details of the Company’s capital for 2022, 2023, and 2024 have been disclosed in this same section under the
heading, Equity, in this Annual Report.
MATERIAL COMMITMENTS TO CAPITAL EXPENDITURE
In 2024, Adira Finance had no material commitments to capital expenditures; therefore, explanations that
relate to: Name of party making the commitments; commitment objectives; source of funds; currency; and
measures of currency risk protection are not presented in this section.
REALIZATION OF CAPITAL GOODS INVESTMENT FOR THE LAST FISCAL YEAR
In 2022, 2023 and 2024, the Company’s capital expenditure amounted to IDR47.8 billion, IDR149.0 billion and
IDR269.0 billion, respectively. The purpose of the capital expenditure was mainly used to develop services,
business networks, and information technology infrastructure, with the objective of supporting the Company’s
business growth and business transformation.
The capital investment focuses on developments related to information technology in line with the Company’s
strategy to develop its digital transformation. The details of capital goods investment during 2022-2024 based
on cash flow are as follows:
Description
2022 2023 2024
(in IDR Billion)
Fixed assets 26.0 108.6 110.6
Software and software under development 21.8 40.4 158.4
Total capital expenditure 47.8 149.0 269.0
MATERIAL FACTS AND INFORMATION SUBSEQUENT TO ACCOUNTANT’S REPORT DATE
Adira Finance did not have any material facts and information subsequent to the accountant’s report date that
could impact the performance and business risk of the Company. Therefore, material facts and information as
well as its impacts on the performance and business risks are not presented in this section.
COMMITMENT AND CONTINGENCY
Commitment
The Company has agreement as follows:
Counterparties Item Rented Period of Agreement
PT Permata Birama Sakti Head office in Jakarta September 16, 2019 - September 15, 2029
PT DCI Indonesia Data center in Jakarta October 7, 2024 – October 6, 2027
PT Telekomunikasi Indonesia Tbk Data center in Surabaya April 29, 2022 - April 28, 2025
The Company recognized rental commitment above as lease liabilities.
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Maturity analysis of lease liabilities as of December 31, 2024 were as follows:
Description
2022 2023 2024
(in IDR Billion)
<1 year 17.8 20.0 28.4
1-5 year 100.8 110.6 109.6
>5 years 50.1 17.4 -
Total 168.7 148.0 138.0
Contigencies
The Company did not have significant contingencies as of December 31, 2023 and 2024.
2024 TARGET AND REALIZATION COMPARISON
In 2024, Adira Finance recorded performance achievements as follows:
Description Satuan 2024 Target 2024 Realization
Marketing and Operations
New financing Billion IDR 41,600.0 36,629.8
Managed receivables*) Billion IDR 59,677.0 55,966.1
Automotive financing Billion IDR 30,751.0 26,864.3
Non-Automotive financing Billion IDR 10,849.0 9,765.5
Financial Statement
Income Billion IDR 9,960.0 9,989.9
Income for the year Billion IDR 1,600.0 1,406.7
Projection of Other Performances
NPF (including joint financing portion) (%) Maintain around 2,2% 2.2%
Gearing ratio (x) Maximum of 10 times 1.7x
Dividend payout ratio (%) Minimum of 20% from net 50.0%
income for the year
New car market share (%) ±4.0% 4.0%
New motorcycle market share (%) ±8.0% 8.5%
Human resources/employees People Aligned with business needs 17,098
*)
Financing receivables include financing interest receivables and transaction expenses that had not been amortised
2025 OUTLOOK
In 2025, the outlook for operational, financial, and certain other posts based on historical figures, estimates on
macro-economic conditions, and Company strategies are as follows:
Description 2025 Outlook
Marketing and Operations
Outlook on new financing 12% - 14%
Outlook on managed receivables 5% - 7%
Outlook on automotive financing 5% - 7%
Outlook on non-automotive financing 25% - 30%
Financial Statement
Outlook on income Refer to growth of managed receivables
Outlook on income for the year Refers to growth of managed receivables, cost of funds and
operational expenses
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 203
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Description 2025 Outlook
Other Performances
Outlook on NPF (including joint financing portion) ±2.25%
Outlook on gearing ratio Maintain below the regulatory limit (10x)
Outlook on dividend payout ratio At least 20% of previous year’s net income
Outlook on market share of new cars ±4%
Outlook on market share of new motorcycles ±9%
Outlook on human resources/employees Aligned with business needs
DIVIDEND POLICY
Adira Finance determines its dividend policy pursuant to Law No. 40 Year 2007 on Limited Liability Companies.
With reference to the law, the Company’s cash dividend distribution policy is as follows:
1. All Company shares that have been fully paid-up, including shares offered during the Initial Public Offering
on March 31, 2004, are similar and equal in all respects, including the rights over their cash dividends;
2. In accordance with the Company’s Articles of Association, dividend payments must be approved by the
GMS by considering the Company’s financial position and financial soundness; and
3. By considering the Company’s net income, current year liquidity, and without reducing the rights of the
GMS to make resolutions based on the Company’s Articles of Association, the Management would pay-out
cash dividends amounting to a minimum of 20% of the Company’s net income.
Adira Finance implements a dividend pay-out policy by distributing cash dividends amounting to a minimum
of 20% of net income. In 2024, Adira Finance distributed dividends to all shareholders through the General
Meeting of Shareholders, as detailed below:
Description 2022 2023 2024
Number of Shareholders 4,849 4,873 5,031
Authorized Capital
Number of Shares 4,000,000,000 4,000,000,000 4,000,000,000
Nominal Value (in IDR million) 400,000 400,000 400,000
Issued and Fully Paid Capital
Total Outstanding Shares 1,000,000,000 1,000,000,000 1,000,000,000
Nominal Value (in IDR million) 100,000 100,000 100,000
Unissued Shares
Total Shares 3,000,000,000 3,000,000,000 3,000,000,000
Nominal Value (in IDR million) 300,000 300,000 300,000
Cash Dividend
Net Income in Previous Year (in IDR Million) 607,000 803,000 972,000
Earnings Per Share in Previous Year (IDR) 1,213 1,606 1,944
Cash Dividend Per Share (IDR) 607 803 972
Percentage of Cash Dividends to Net Income in Prior Year 50% 50% 50%
Growth of Cash Dividends 18.3% 32.3% 21.0%
Date of GMS 30-Mar-22 04-Apr-23 27-Mar-24
Dividend Announcement Date 30-Mar-22 04-Apr-23 27-Mar-24
Dividend Distribution Date 29-Apr-22 04-May-23 30-Apr-24
EMPLOYEE AND/OR MANAGEMENT SHARE OWNERSHIP PROGRAM
Until December 31, 2024, Adira Finance had not provided either an Employee Share Ownership Plan (ESOP) or
Management Share Ownership Plan (MSOP). The Company therefore does not present information related to
the number of ESOP or MSOP shares and their realization; time period; the requirements of employees and or
management who are entitled; and exercise price.
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REALIZATION OF PROCEEDS FROM PUBLIC OFFERING
Adira Finance has submitted reports on the use of proceeds from a Public Offering to comply with Financial
Services Authority Regulation No.30/POJK.04/2015 regarding the Obligation to Submit the Report on the
Realization of the Use of Funds from the Public Offering, with detailed information as follows:
Realized Amount from Public Offering Outstanding
Effective (In IDR Billion) Amount Letter Number and
Type of Public Offering
Date Total Offering from Public Reporting Date
Net Amount Offering
Proceeds Cost
Adira Finance Continuing Bonds June 27, 1,600 4.8 1,595.2 - 122/ADMF/CS/V/24
VI Phase III 2023 May 31, 2024
Adira Finance Continuing June 27, 400 1.2 398.7 - 123/ADMF/CS/V/24
Mudharabah Bonds V Phase III 2023 May 31, 2024
Adira Finance Continuing Bonds June 27, 2,000 5.8 1,994.1 - 204/ADMF/CS/X/24
VI Phase IV 2023 October 31, 2024
As disclosed in the prospectus issued for the purpose of the Public Offering mentioned above, all proceeds
from the Public Offering would be utilized for consumer financing as the Company’s main business activity.
As a result, as of the end of 2024, the remaining unused amount was nil. Furthermore, there were no changes
to the utilization of proceeds from the public offering.
MATERIAL TRANSACTIONS FOR INVESTMENTS, EXPANSION, DIVESTMENTS, BUSINESS
MERGERS OR ACQUISITIONS, AND DEBT/CAPITAL RESTRUCTURINGS
On June 23, 2023, PT Adira Dinamika Multifinance Tbk (“ADMF”) has signed a conditional sale and purchase
agreement in connection with acquisition of 10% (ten percent) of all shares issued by PT Mandala Multifinance
Tbk (“MFIN”) with the transaction price of IDR873.7 billion. The shares sale and purchase transaction has been
completed on March 13, 2024.
Furthermore, on December 30, 2024, MFIN carried out a stock dividend distribution, resulting in the Company’s
shareholding in MFIN totaling 267,703,000 shares, which represents 10% of the total shares in MFIN.
On October 2, 2023, the Company invested in PT Home Credit Indonesia (“HCI”) with purchase price of
EUR23,163,839 (full amount) or equivalent to IDR380.4 billion which represents 9.83% (nine point eighty three
percent) of the issued and paid up capital of HCI. After the purchase transaction was completed, there was an
adjustment to the purchase price of IDR4.2 billion which was paid by the Company on March 22, 2024
On March 4, 2024, HCI increased its authorized capital by issuing 600 new shares. All of these shares have
been issued and paid by shareholders other than the Company, so that the Company ownership percentage
in HCI is 9.82% of the total nominal value of HCI shares.
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TRANSACTIONS WITH CONFLICTS OF vi. The entity controlled or jointly controlled by a
INTEREST AND TRANSACTIONS WITH person identified in (a);
AFFILIATED OR RELATED PARTIES vii. A person identified in (a) (i) has significant
influence over the entity or is a member of
Material Transactions with Conflicts of the key management personnel of the entity
Interests (or of a parent of the entity);
Throughout 2024, Adira Finance did not undertake viii. An entity, or any member of a group of which
any transaction that contained an element of a it is a part, that provides key management
conflict-of interest. personnel services to the reporting entity or
it is parent.
Transactions with Affiliated/Related
Parties Fairness, Review Mechanism Policy, and
Adira Finance has transactions with related Regulation Fulfilment of Transactions
parties. The definition of related parties used is with Affiliated or Related Parties
in accordance with the SFAS 224 “Related Party
Disclosures”, the meaning of related party is In terms of transactions with related parties, Adira
a person or entity that is related to a reporting Finance undertakes transactions appropriately with
entity as follow: various related parties under the same control. The
a) A person or a close member of that person’s management in its business activities, policies and
family is related to a reporting entity if that transaction conditions have been mutually agreed
person: and have been carried out on all transactions with
i. has control or joint control over the reporting related parties. Transactions carried out by the
entity; Company have complied with Capital Market and
ii. has significant influence over the reporting Financial Institution Supervisory Agency Regulation
entity; or No. IX.E.1 on “Affiliated Transactions and Conflicts
iii. is member of the key management personnel of Interest in Certain Transactions,” at the time the
of the reporting entity or of a parent of the transactions are carried out.
reporting entity.
b) An entity is related to a reporting entity if any of In the event that there is a transaction involving an
the following conditions applies: affiliated relationship, the Board of Directors of Adira
i. The entity and the reporting entity are Finance ensures that the affiliated transaction has
members of the same group (which means gone through adequate procedures to ensure that
that each parent, subsidiary and fellow the affiliated transaction is carried out in accordance
subsidiary is related to the others); with generally accepted business practices, among
ii. One entity is an associate or joint venture others, by complying with the arms-length principle.
of the other entity (or an associate or joint In the event that there is a transaction that contains
venture of member of a company of which an affiliated relationship, Adira Finance involves the
the other entity is a member); role of the Board of Commissioners and the Audit
iii. Both entities are joint ventures of the same Committee in carrying out adequate procedures to
third party; ensure that affiliated transactions are carried out
iv. One entity is a joint venture of a third entity in accordance with generally accepted business
and the other entity is an associate of the practices, among others, by complying with the
third entity; arms-length principle.
v. The entity is a post-employment benefit plan
for the benefit of employees of either the Objectives and Reasons for Related
reporting entity or an entity related to the Transactions
reporting entity; Transactions with related parties conducted primarily
for the benefit and sustainability of the Company’s
business related to the lending and borrowing of funds
in the normal course of business.
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Value of Related Party Transactions
More detailed information on the balance of transactions with related parties is presented in Note 37 of the Notes to
the Financial Statements in this Annual Report. Meanwhile, transactions with related parties that are still on-going
as of December 31, 2024 are as follows:
Transaction % of Transaction
Nature of Nature of
Related Party Value to Total Assets or
Relationship Transaction
(in IDR Million) Liabilities
PT Bank Danamon Indonesia Tbk Parent Company Joint Financing Accounted for in the
financial statements
of Bank Danamon
Indonesia
Cash in bank 826,470 2.5%
Borrowings 215,278 1.0%
Bonds payable 70,600 0.3%
Other payables 33,641 0.2%
Accrued expenses 1,273 0.0%
PT Zurich Asuransi Indonesia Tbk Associated Other payables 647,897 3.1%
Entity of PT
Bank Danamon Other receivables 28,834 0.1%
Indonesia Tbk
Bonds payable 110,000 0.5%
Prepaid expenses 44,053 0.1%
Accrued expenses 44,814 0.2%
PT Mandala Multifinance Tbk Associate entity Investment in 901,143 2.8%
associate
PT Home Credit Indonesia Owned by the Investment in shares 396,870 1.2%
controlling
shareholder of
parent company
through Bank
of Ayudhya
Public Company
Limited
MUFG Bank, Ltd The Controlling Cash in bank 29,026 0.1%
Shareholder of
Parent Company Borrowings 5,600,836 26.6%
Accrued expenses 45,203 0.2%
PT Zurich General Takaful Owned by Sukuk mudharabah 30,000 0.1%
Indonesia Associate
Entity of PT Other payables 28,237 0.1%
Bank Danamon
Other receivables 8,974 0.0%
Indonesia Tbk
Accrued expenses 438 0.0%
PT General Integrated Company Owned by one Other payables 48 0.0%
Commissioner of
Parent Company
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CHANGES TO LAWS AND REGULATIONS WITH A SIGNIFICANT IMPACT ON THE COMPANY
In 2024, changes in the prevailing laws and regulations that may have a significant impact on the Company
are as follows:
The main points of the new regulations or Impact on
No Regulations
significant changes to the previous regulations PT Adira Dinamika Multi Finance Tbk
1 Law No. 1 of 2024 on the 1. Electronic Certification Authority (PSrE) 1. Adira Finance is required to
Second Amendment to • PSrEs operating in Indonesia must be legally establish minimum standards
Law No. 11 of 2008 on incorporated in Indonesia and domiciled in for the use of its products and/or
Electronic Information Indonesia. services.
and Transactions. • PSrE services may include electronic 2. Adira Finance must use an
signatures, electronic seals, electronic Electronic Certification Authority
timestamps, registered electronic delivery (PSrE) that is registered and
services, website authentication, electronic licensed by the Ministry of
signature and/or electronic seal preservation, Communication and Information
digital identities, and/or other services utilizing Technology (Kominfo) to secure
electronic certificate. electronic signatures for high-risk
2. Electronic System Providers (PSE) Must Ensure electronic transactions.
the Protection of Children’s Rights Through:
• Providing information on the minimum age
requirements for children to use products or
services.
• Implementing a user verification mechanism
for children.
• Establishing a reporting mechanism for
misuse of products, services, and features
that violate or have the potential to violate
children’s rights.
3. High-Risk Electronic Transactions Must Use
Electronic Signatures Secured with Electronic
Certificates. High-risk electronic transactions are
transactions conducted without physical face-to-
face interaction.
2 POJK No. 12 of 2024 on 1. Financial Services Institutions Must Implement an 1. Adira Finance must adjust its anti-
the Implementation of Anti-Fraud Strategy Through: fraud strategy implementation
Anti-Fraud Strategies • Establishing anti-fraud strategy guidelines. guidelines in accordance with the
for Financial Services • Forming a function/unit responsible for provisions of the OJK Anti-Fraud
Institutions. handling the anti-fraud strategy. Strategy Regulation.
• Ensuring that officials overseeing the anti- 2. Adira Finance must establish
fraud function hold a certification in anti-fraud a function/unit responsible for
expertise, have experience in anti-fraud, and/or handling the anti-fraud strategy.
possess adequate experience in related fields. 3. Adira Finance must ensure that
• Conducting education programs for both officials overseeing the anti-
internal and external parties. fraud strategy function hold
• Supervisory oversight by the Board of the appropriate certification or
Directors and Board of Commissioners on the competency.
implementation of the anti-fraud strategy. 4. Adira Finance must conduct
2. Financial Services Institutions Must Submit education programs on the
Reports on the Implementation: implementation of the anti-fraud
• Anti-fraud strategy guidelines and any strategy for both internal and
revisions (if applicable). external parties.
• Annual implementation of the anti-fraud 5. Adira Finance must submit reports
strategy. as stipulated in the OJK Anti-Fraud
• Fraud incidents with significant impact (if any) Strategy Regulation.
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CHANGES IN ACCOUNTING PRINCIPLES
Financial Accounting Standards Board of Indonesian Institute of Accountant (DSAK - IAI) has issued the
following new standards, amendments and interpretations which are effective as at January 1, 2024, as stated
in the Notes to the Audited Financial Statements in this Annual Report.
The implementation of the above standards did not result in changes to the Company’s accounting policies
and had no impact on the amounts reported for current year or prior year. The Standards are as follows:
Impact on the
Accounting Standard Summary of Changes Reason for the Changes
Company
Amendment to SFAS 201 This amendment clarifies long-term Further regulates covenants that There is no
"Presentation of Financial liabilities with covenants presented entity must comply on or before significant
Statement" as short-term or long-term liabilities the reporting date will affect the impact on the
depends on whether there is a right classification of short-term or long- Company until
to postpone settlement of the liability. term liabilities and their disclosures. December 31,
Covenants in this scope are divided into 2024.
covenants that affect and covenant
that do not affect the right to postpone
settlement of liabilities for at least 12
months after the reporting period.
Amendment to SFAS 116 This amendment provides further Reregulate the subsequent There is no
“Lease” confirmation of the subsequent measurement of sale and leaseback impact on the
measurement for right-of-use assets and transactions. Company until
lease liabilities from sale and leaseback December 31,
transactions. The seller-lessee measures 2024.
the lease liability in a way that does not
recognize any gain or loss related to
the right to use the asset that still be
maintained.
Amendment to SFAS This amendment to improve the quality Provides the supplier financing There is no
207 "Statement of Cash of disclosures related to financing arrangements. This amendment impact on the
Flows and Amendment facilities so that users of financial clarifies disclosures related to Company until
to SFAS 107 "Financial statements can review the impact of supplier financing arrangements. December 31,
Instruments: Disclosures" financing facilities on liabilities, cash 2024.
flow and liquidity, as well as the impact
if the financing facilities are no longer
available.
COMPLIANCE WITH TAX PAYMENTS
Adira Finance as a public-listed company that is engaged in business activities in Indonesia contributes to the
nation through the fulfilment of its obligation as a taxpayer and tax collector. Adira Finance’s compliance with
the obligation to tax payment in the last three years is as follows:
Description
2022 2023 2024
(in IDR Billion)
VAT 71,180 89,233 96,808
Income Tax 394,805 315,380 332,501
Corporate Income Tax 544,156 469,261 389,213
Other Taxes 28,311 29,297 40,749
Total 1,038,452 903,171 859,271
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 209
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FINANCIAL PERFORMANCE
Throughout its journey, Adira Finance implemented
a variety of strategies, including a focus on digital
financial service innovations, an expansion of
Adira Finance’s financial financing reach, and optimizing operational
performance reflects not effectiveness to generate added value for
only the dynamics of its stakeholders, particularly consumers and business
business but also the partners. Furthermore, Adira Finance continues
to financing electric vehicle (EV) as part of its
positive impacts that we commitment to sustainability and support for
have on society. Through the the government’s initiative to reduce carbon
various initiatives we have emissions. In 2024, Adira Finance’s electric vehicle
implemented, we strive to (EV) financing reached IDR379.6 billion, a significant
increase over the previous year.
promote the development of
an inclusive and sustainable The provision of competitive financing schemes
economy for all Indonesians for environmentally friendly vehicles being
implemented by the Company plays an active role in
encouraging the Indonesian electric vehicle market
ecosystem as well as strengthens the Company’s
position in the green financing market. This is in
The year 2024 was full of dynamics, thus having line with its commitment to continuously observe
an impact on the national economic conditions. the quality of products being offered, allowing the
However, as one of the largest financing companies Company’s portfolio to healthily grow.
in Indonesia, Adira Finance continues to demonstrate
its commitment to encouraging the creation of
financial inclusion and economic growth.
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In addition, Adira Finance continues to strengthen its role in supporting the growth of the MSME sector. As of
December 2024, the Company’s distribution for MSME financing was posted at IDR7.4 trillion. The portion of
financing disbursed to MSMEs accounted for 20% of the Company’s total new financing.
Adira Finance also maintains asset quality with a controlled non-performing financing level, which stood at
2.2%. this demonstrates the effectiveness of Adira Finance in implementing corporate risk management.
Going forward, Adira will continue to have synergy with its parent company, Bank Danamon, as well as global
strategic partners, such as MUFG. This collaboration provides competitive advantages for Adira, both in terms
of access to funding and technology, as well as the development of innovative products that can meet the
demands of the ever-growing market.
Overall, in 2024, Adira Finance continued to adapt to the market’s dynamics while prioritizing the prudence
principle in risk management. Sustainable initiatives and a focus on financial inclusiveness will continue to
be main pillars for the Company’s business strategy, ensuring that financial growth is not only profitable but
also has positive impacts on society in general.
Economic Value of Year 2022 2023 2024
Economic value Generated [GRI 201-1]
Income 8,340.4 9,507.9 9,989.9
Economic Value Distributed
Operating Expenses 1,320.9 1,338.9 1,541.1
Employee Expenses 2,304.4 2,419.7 2,485.6
Dividend 607 803 972
Contribution to the Government 1,038.5 903,2 843.3
(Tax, Contribution, others)
Social Investment (CSR costs) 16.8 8.2 Xxx
Total Economic Value Distributed 5,287.6 5,473.0 Xxx
Economic Value Retained 3,052.2 4,034.9 Xxx
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 211
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BUSINESS PROSPECT
Domestic economic growth is projected to remain stable in
2025, reaching around 5%, despite the global economy being
expected to grow around 3%. Additionally, there is potential for
an increase in inflation in 2025, though it is expected to remain
within the target range of 2.5±1%. Meanwhile, Bank Indonesia
is predicted to lower its benchmark interest rate, considering
the potential appreciation of the exchange rate driven by low
inflation and stable economic growth. With stable economic
growth, controlled inflation, and lower interest rates, consumer
purchasing power—particularly in the middle class and MSME
sectors—is expected to improve, ultimately driving growth in the
automotive and financing industries.
MACROECONOMIC 2025
As inflation eases, central banks across various countries have begun shifting their monetary policies toward
a more accommodative stance, leading to lower interest rates. While this can support economic growth,
several key factors—such as the risk of an economic slowdown in China, geopolitical tensions, and global
climate uncertainty—still need to be anticipated as challenges to global economic growth in 2025.
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Bank Indonesia (BI) is expected to cut interest rates APBN also assumes the SUN 10-year yield at 7.0%,
again in 2025, considering that inflation is projected crude oil price at US$82 per barrel, and crude oil and
to remain stable within BI’s target range. Meanwhile, natural gas lifting at 605 thousand barrels per day
economic growth is expected to stay solid at around and 1,005-thousand-barrel oil equivalent per day,
5%, supported by several factors, including the respectively.
government’s economic stimulus package, which
is anticipated to sustain consumer purchasing In terms of State Revenue, APBN assumes it to be
power and enhance business competitiveness. at IDR3,005.1 trillion in 2025, which consists of Tax
Additionally, industrial downstream processing is Revenue worth IDR2,490.9 trillion and Non-Tax
expected to drive economic growth, create added Revenue worth IDR513.6 trillion. State Spending
value, and strengthen competitiveness in the global is assumed to be at IDR3,621.3 trillion, which is
market. allocated as Central Government Spending worth
IDR2,701.4 trillion and Regional Government
Based on the 2025 State Budget (APBN), Indonesia’s Spending worth IDR919.9 trillion. In nominal terms,
economy is projected to grow by 5.2% (yoy) in the Budget Deficit will be IDR616.2 trillion, or 2.53%
2025, an increase from the 2024 economic growth of GDP, and will be financed through debt.
projection of 5.0% (yoy). Meanwhile, inflation is
expected to remain controlled at 2.5%, within Bank The following are the base assumptions of
Indonesia’s target range, while the Rupiah exchange macroeconomic variables set in the State Budget
rate is predicted to weaken slightly to IDR16,000 per for 2025:
US dollar.
MACROECONOMIC ASSUMPTIONS
Indicator National Budget Draft 2025 National Budget 2025
Economic Growth (%, yoy) 5.2 395
Inflation Rate (%, yoy) 2.5 121
Exchange Rate (IDR/US$) 16,100 2
SUN 10-year Yield (%) 7.1 3
Indonesia’s Crude Oil Prices (US$/barrel) 82 17
Crude Oil Lifting (thousand barrel per day) 600 605
Natural Gas Lifting 1,005 1,005
(thousand barrel oil equivalent per day)
Source: Indonesia Ministry of Finance
AUTOMOTIVE AND FINANCING INDUSTRY
In general, the automotive industry faced challenges in 2024, particularly in the car segment. Data from
Gaikindo shows that wholesale car sales declined by 14.1% (yoy) in 2024 to 864.2 thousand units. Meanwhile,
data from AISI shows that wholesale motorcycle sales recorded a slight increase of 1.5% (yoy) in 2024, reaching
6.3 million units.
With the expectation that BI will cut interest rates again in 2025, this move is anticipated to boost the
performance of the automotive and financing industries. Additionally, a positive stimulus from the
government, in the form of tax incentives for electric and hybrid vehicles in 2025, is also expected to support
the growth of the automotive industry. Other positive catalysts aimed at increasing consumer purchasing
power include a 6.5% increase in the Provincial Minimum Wage (UMP) and a free nutritious meal program,
both of which will be implemented at the beginning of 2025.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 213
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Gaikindo projects car sales to reach 850 thousand POTENTIAL MATTERS IMPACTING
units in 2025, while AISI projects motorcycle sales BUSINESS SUSTAINABILITY
to reach between 6.4 million and 6.7 million units. Adira Finance does not record any factors that
In line with the automotive industry, the financing can significantly affect the Company’s business
industry is also projected to increase in 2025. The continuity in the long term in the financing industry.
Indonesian Financing Companies Association (APPI)
projects the growth of the multifinance industry Following the end of a prolonged period of high
in 2025 to be 7%-8% (yoy), supported by growth inflation, global central banks – including BI –
in investment financing, multipurpose financing, have begun to shift monetary policy from tight to
and working capital financing. However, APPI also accommodative, which can help drive economic
noted that the increase in VAT and “opsen” tax in the growth. However, geopolitical tensions and global
automotive industry could be a challenge that must climate uncertainty can trigger an increase in
be anticipated in 2025. inflation through fluctuations in commodity
prices, especially food and energy. Domestically,
ADIRA FINANCE BUSINESS STRATEGY IN the policy of increasing VAT for luxury goods and
2025 “opsen” tax can affect vehicle selling prices. Overall,
For 2025, Adira Finance has prepared several these factors have an impact on the automotive
strategies and policies to improve its business and financing industries, which are part of Adira
performance which includes: Finance’s business ecosystem.
• Adira Finance will continue to strengthen its
penetration in the automotive business through In response to these potential challenges,
product diversification, offering various attractive Adira Finance will continue its commitment to
sales programs for customers, strengthening implementing the Company’s strategies and
good relations with dealers, and enhancing policies on selective financing disbursements to
collaboration within the MUFG group to support achieve high-quality financing growth. This will be in
the growth of the automotive ecosystem. line with the Company’s prudent risk management
• Adira Finance expands networks to non- principle.
automotive businesses by continuing to diversify
the products offered to support business growth MANAGEMENT ASSESSMENT FOR
such as Solusi Dana financing, heavy equipment, OVERSEEING SIGNIFICANT ISSUES
and others. POTENTIALLY IMPACTING COMPANY’S
• Adira Finance focus to increase customer BUSINESS SUSTAINABILITY
retention by offering loyalty and referral Periodically, Adira Finance has evaluated strategic
programs, as well as conducting cross-selling plans and assessed the Company’s ability to achieve
based on needs to existing consumers. Thus, its targets and business continuity. Until the 2024
providing a better customer experience to annual report was published, there were no findings
support the growth of the Company’s financing. on risks that could materially impact the Company’s
• Adira Finance accelerate digitalization within ability to maintain its business sustainability.
the Company and its ecosystem to improve
business efficiency and effectiveness, as well Adira Finance continues to carry out various
as investing in digital businesses (Adiraku, efforts required to manage potentials that could
Danadira, momobil.id, momotor.id, moservice.id, significantly impact business sustainability, one
and dicicilaja.com). of which is by preparing and publishing financial
• Adira Finance will continue to manage its asset statements based on the latest and sustainable
quality in order to keep the NPF ratio under Financial Accounting Standards. Based on the
control by applying prudent risk-management performance achievement during 2024 and the
principles. Company’s track record, the Management has
• Adira Finance secure sufficient liquidity to fund considered that Adira Finance’s business continuity
business requirement and to meet all financial in the future is still good.
obligations.
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In 2024, the automotive industry faced challenging On its commitment to developing information
conditions, but an improvement is expected in technology and continuing its digital innovation
2025. Management believes that the government’s to support its business, Adira Finance is set to
fiscal and monetary policies can create a positive continue incorporating sophisticated technologies,
domino effect on the growth of the automotive and particularly Artificial Intelligence (AI) and Machine-
financing industries. Learning (ML) into its business processes. This
commitment is in line with the rapidly changing
As one of Indonesia’s leading financing companies customer behavior to prefer digitalized products
with a strong track record and a reliable reputation, and services as well as the increasingly competitive
Adira Finance is expected to sustain its business financing industry.
in the future. Through a strategy of diversifying its
financing products into non-automotive segments, ASSUMPTIONS USED BY MANAGEMENT IN
Adira Finance can mitigate the risk of overreliance THE ASSESSMENT
on the automotive industry. Overall, this approach Several factors influence the assessment of the
enables the Company to expand its customer base. Company’s management in managing risks that
affect business activities, including global and
In terms of funding, to ensure its financial stability, domestic macroeconomic developments, financing
the Company has actively diversified its funding industry conditions, operational performance,
sources. This includes ongoing collaboration with financial performance, liquidity and solvency levels,
its parent Company, Bank Danamon, through joint governance implementation, and legal cases faced
financing initiatives. Additionally, the Company by the Company.
secures external funding through bank loans and
bond issuances.
Adira Finance maintains strong credit ratings,
boasting an idAAA (Triple A; Stable Outlook) rating
from Pefindo (domestic) and investment-grade
ratings of Baa1 from Moody’s and BBB from Fitch
Ratings. These ratings enhance the Company’s
access to secure funding from both domestic and
international markets.
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04
and Analysis Responsibility
GOOD
CO R P O R ATE
G OVE R N A N CE
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Table Of Contents
Corporate Governance Report 220 Corporate Secretary 306
Corporate Governance Structure of Adira Finance 222 Internal Audit 308
Corporate Governance Policy 222 Compliance Function 313
General Meeting of Shareholders 223 Internal Control System 315
Sustainability Management 243 Public Accountant 319
Board of Commissioners 246 Risk Management 321
Independent Commissioner 251 Procurement of Goods and Services 343
Meeting of The Board of Commissioners 254 Dividend Policy 344
Joint Meetings of the Board of Commissioners and Board 256 Provision of Funds for Related Parties 344
of Directors
Provision of Funds for Social and Political Activities 344
Board of Directors 258
Contribution to the Country 345
Meeting of the Board of Directors 269
Policy on the Rights of Creditors 345
Management Contract 273
Customer/Consumer Protection Policy 346
Executive Committee 273
Corporate Ethics 348
Relationship between the Board of Commissioners and the 276
Board of Directors Conflict of Interest Management and Relationships with 350
Related Parties
Diversity in the Composition of the Board of Commissioners 277
and Board of Directors Prevention of Insider Transactions 351
Performance Assessment of the Board of Commissioners 278 Gratuity Control 351
and Board of Directors Anti-Corruption Policy 352
Remuneration for the Board of Commissioners, Board 281 Fraud Control 354
of Directors and Committees Under the Board of
Commissioners Company Legal Issues 358
Audit Committee Report 285 Administrative Sanctions from Regulators 364
Risk Monitoring Committee Report 292 Access to Company Information and Data 365
Nomination and Remuneration Committee 297 Corporate Governance Assessment 365
Corporate Governance Committee 302 Report of Sharia Governance 370
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CORPORATE
GOVERNANCE
89.21
The overall CG score obtained by the company for the
2023 financial year (ASEAN CG Scorecard 2024).
Overall, the GCG implementation assessment for
PT Adira Dinamika Multi Finance Tbk (Adira Finance or
the Company) conducted by Indonesian Institute for
Corporate Directorship (IICD) using ASEAN CG Scorecard
2024 places the Company in the “Good” category, where
the Company’s Good Corporate Governance practices
only adopt some of the international standards. These
practices still need to be further improved by the
Company to demonstrate a stronger commitment to
the implementation of Good Corporate Governance in
Indonesia.
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CORPORATE GOVERNANCE
REPORT
CORPORATE GOVERNANCE REPORT
Adira Finance continues To implement Good Corporate Governance, the
Company has made various policies, among others,
to strive to consistently the Guidelines of Good Corporate Governance, Code
apply the principles of Good of Ethics, Charter of the Board of Commissioners,
Corporate Governance Charter of the Board of Directors, Charter of the
as one of the important Committee under the Board of Commissioners, the
Guidelines of Internal Audit and other guidelines to
pillars in achieving the ensure the comprehensive implementation of Good
sustainability and growth of Corporate Governance on each level. These policies
the Company. are regularly reviewed to adapt to the current
situation, both related to prevailing laws as well as
best practices of Corporate Governance.
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ADIRA FINANCE GCG MILESTONE
2004 • Adira Finance performed IPO;
• Adira Finance appointed Corporate Secretary;
• Establishment of Audit Committee;
• Establishment of Risk Management Committee;
• Establishment of Nomination Committee;
• Establishment of Remuneration Committee;
• Major part of the Company’s shares was acquired by PT Bank Danamon Indonesia Tbk
2005 • Integration of Audit Committee and Risk Management Committee into Audit and Risk Management Committee;
• Integration of Remuneration Committee and Nomination Committee
2006 Adira Finance issued Corporate Governance Guidelines
2008 • Charter of the Board of Commissioners;
• Charter of the Nomination and Remuneration Committee
2011 • Segregation of Audit and Risk Management Committee into Audit Committee and Risk Management Committee;
• Ratification of Charter of the Audit Committee
2012 • Establishment of Corporate Governance Committee;
• Implementation of ASEAN CG Scorecard
2014 Implementation of Financial Services Authority (OJK) Regulation No. 30/POJK.05/2014 concerning Implementation of
Good Corporate Governance Principles for Financing Companies
2015 • Revision of Corporate Governance Guidelines;
• Implementation of OJK Circular Letter Number 32/SEOJK.04/2015
2016 • Revision of Charter of the Board of Commissioners;
• Revision of Charter of the Board of Directors;
• Revision of Charter of the Audit Committee
2017 • Revision of Corporate Governance Guidelines
2020 • Implementation of OJK Regulation Number 29/POJK.05/2020 on Amendment to OJK Regulation Noumber 30/
POJK.05/2014 on the Implementation of Good Corporate Governance Principles for Financing Company;
• Revision of Charter of the Anti-Money Laundry and Terorist Financing Prevention Program Implementation Guide-
lines;
• Revision of Internal Audit Charter
2021 • Revision of Charter of the Board of Commissioners
• Revision of Charter of the Board of Directors
• Revision of Charter of the Audit Committee
• Revision of Charter of the Risk Monitoring Committee
• Revision of Charter of the Nomination and Remuneration Committee
2022 • The Company issued Management of Information & Technology Guidelines;
• Revision of Risk Management Implementation Guidelines;
• Revision of Corporate Governance Charter
2023 • Amendment of Guideline for Implementation of Anti Money Laundering, Counter-Terorism Financing and Prolifera-
tion of Waepons of Mass Destruction;
• The Company won Top 50 Biggest Mid Cap of Public Listed Companies Award from Indonesian Institute for Corpo-
rate Directorship at the 14th IICD Corporate Governance Awards 2023
2024 • The Company issued Information Security and Technology Risk Management Policy;
• ISO 37001:2016 Certification on Anti-Bribery Management System in Procurement Division;
• The Company issued Anti-Bribery and Corruption Policy (ABC Policy);
• Revision of Risk Management Implementation Guidelines
Stages of Corporate Governance Implementation
The implementation of Corporate Governance at Adira Finance is conducted through the following stages:
Preparation Stage Implementation Stage Evaluation Stage
a. Conduct initial socialization a. Socialization of the Guidelines a. Perform self-assessment; and
b. Mapping the condition on the b. Implementation of the or
implementation of Good Corporate Guidelines b. Assessment by independent
Governance c. Internalization of the Guidelines party
c. Preparation of the Guidelines.
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CORPORATE GOVERNANCE STRUCTURE OF ADIRA FINANCE [GRI 2-9]
By considering the prevailing laws and regulations, including but not limited to Law Number 40 of 2007 on
Limited Liability Companies, the Corporate Governance structure of Adira Finance is as follows:
Main Organ
General Meeting of
Shareholders
Sharia Supervisory Board of
Board of Directors
Board Commissioners
Credit Committee Audit Committee
Risk Management Committee Risk Monitoring Committee
Nomination & Remuneration
Asset & Liability Committee (ALCO)
Committee
Information Technology Steering
Corporate Governance Committee
Committee
Internal Audit Unit
Compliance & AML-CFT Unit
Supporting Organ
CORPORATE GOVERNANCE POLICY
In order to apply the good Corporate Governance Principles, the Company has established various policies,
among others, Corporate Governance Guidelines, Code of Ethics, Charter of the Board of Commissioners,
Board of Directors, and the Committees under the Board of Commissioners, Internal Audit Guidelines, and
other guidelines to ensure the implementation of Good Corporate Governance principles at all levels. Such
policies are regularly reviewed to adjust the current condition, both the prevailing laws and regulations and
the best practice of Corporate Governance.
Structure of Corporate Governance Policy of Adira Finance:
Corporate Governance
Charter
Corporate Governance Charter
& Work Guidelines
Management Policy Code of Ethic
Systems & Procedures
All policies have been published through the Company’s website.
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Internalization of The Corporate • In each of the Company’s Annual Reports, the
Governance Policiy report on the implementation of GCG is one
The Company sees the importance to making some part that becomes the main concern of the
efforts so that the Company’s Good Corporate Company. This section usually gets the most
Governance (GCG) principles are not learned only portion in terms of the number of pages. This
by Adira Finance leaders and employees, but they means that apart from being a manifestation of
are also expected to be a unique culture to all the Company’s transparency principle, it is also
stakeholders of Adira Finance. intended that stakeholders such as shareholders,
investors, business partners, and other external
Therefore, the Company’s management is preparing stakeholders can understand the GCG principles
programs to internalize Adira Finance’s GCG that have been implemented by Adira Finance.
principles. The programs are conducted by, among
others: GENERAL MEETING OF SHAREHOLDERS
• Ensuring that every company’s regulation book The General Meeting of Shareholders (GMS) is the
is evaluated biannually always sets forth the Company’s highest instrument with authorities,
Company’s code of ethics that are also part of such as approving the amendment of the Articles
the GCG principles applied by Adira Finance. of Association, appointing and dismissing members
This is important since Adira Finance’s company of the Board of Commissioners and Board of
regulation book is always distributed to all of Directors, approving the Company’s annual report,
Adira Finance’s leaders and employees (including appointing external auditor, determining the usage
in case of any update or change). of the Company’s net profit, and other activities in
• Adira Finance’s GCG principles are one of the accordance with the prevailing laws and regulations
materials delivered to every Adira Finance’s new and the Company’s Articles of Association.
employee. As it is known every Adira Finance’s
new employee is required to attend the “New To increase the shareholders’ attendance rate, the
Employee Orientation” program abbreviated as Company:
OKB (Orientasi Karyawan Baru). This program is 1. Posts GMS announcements and invitations
prepared to introduce Adira Finance to every new on the Stock Exchange website, the Company
employee so that they comprehend all aspects website, and the website of the Storage and
of Adira Finance, including among others, Adira Settlement Institution or the e-RUPS provider;
Finance’s history, vision and missions, culture, 2. Held GMS in Hybrid;
code of ethics, and others. 3. Chooses the GMS’ location in an accessible place
• The Company’s Board of Directors has regular both by public and private transportation;
programs to visit the Company’s business 4. Provides facilities to be used accordingly and
networks, where through this program, the comfortably by the shareholders in the GMS,
Board of Directors provides opportunities including good and comfortable meeting rooms,
for middle- or low-level employees to have meeting materials based on the applicable
direct communication with top leaders in provisions, and others;
Adira Finance. In this program, Adira Finance’s 5. Provide the power of attorney form on the
Board of Directors continuously re-explains the Company’s website for shareholders who cannot
corporate cultures, including GCG principles at attend the meeting.
Adira Finance. Generally, the explanation is also
delivered in actual exemplary forms directly
experienced by each member of the Board
of Directors.
The attendance rate of shareholders in the Annual GMS from 2020 to 2024 is as follows:
Year 2020 2021 2022 2023 2024
Total attending shareholders 932,352,825 928,092,609 922,193,178 933,231,307 932,104,743
shares shares shares shares shares
Attendance percentage (%) 93.64% 93.24% 92.81% 92.22% 93.21 %
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Implementation of Adira Finance’s Annual GMS in 2024
In 2024, Adira Finance held the Annual GMS on March 27, 2024 in hybrid (electronically via e-GMS and
physically). All participants who attended the Annual GMS both in e-GMS or physically are able to participate
actively. The Annual GMS resolutions have been reported to the OJK and announced on the Company’s
website (www.adira.co.id) and the IDX website (www.idx.co.id).
Annual GMS on March 27, 2024
Adira Finance’s Annual GMS on March 27, 2024 was held in hybrid (electronically using the Electronic General
Meeting System Application or eASY.KSEI of PT Kustodian Sentral Efek Indonesia and physically in Ballroom B,
Ayana Midplaza, Jakarta, Jl. Jend. Sudirman Blok 10-11, Jakarta Pusat 10220), with regard to OJK Regulation No.
15/POJK.04/2020 on the Plan and Implementation of the General Meeting of Shareholders of a Public Company
(“POJK No. 15/POJK.04/2020”), OJK Regulation No. 16/POJK.04/2020 on Implementation of Electronic General
Meeting of Shareholders of Public Companies (“OJK Regulation No. 16/POJK.04/2020”) and the provisions of
the Bank’s Articles of Association.
The Annual GMS Convention Process:
Provision Implementation
Announcement of GMS Plan to OJK
OJK Regulation Number 15/POJK.04/2020 requires the agenda Announcement of the GMS Plan was submitted to OJK
of the GMS to be submitted to OJK no later than 5 working on February 7, 2024, or 5 working days before the GMS
days prior to the announcement of GMS plan advertised by the Announcement was advertised including the GMS agenda.
Company, excluding the date of the GMS announcement.
Announcement of the GMS Plan
UUPT, OJK Regulation Number 15/POJK.04/2020, and Announcement of the GMS Plan was submitted on February
the Company’s Articles of Association require that the 19, 2024 or 14 calendar days before the advertisement date
announcement of GMS plan should be made 14 calendar days of GMS Invitation without taking into account the date of
before the date of the GMS Invitation without taking into Announcement/Notification and Invitation through:
account the date of the Announcement and the date of the
Invitation. a. PT Bursa Efek Indonesia’s official website;
b. KSEI website as e-GMS provider; and
In addition, OJK Regulation Number 32/POJK.04/2014 also c. the Company’s official website (www.adira.co.id) in
specifies that the announcement should be made Indonesian and English.
through:
a. E-GMS Provider’s website;
b. Stock Exchange’s official website;
c. Public Company’s official website, in Indonesian and foreign
languages, provided that the foreign language used is at
least English.
GMS Invitation
Both the UUPT and the Company’s Articles of Association GMS Invitation was conducted by the Company on March 5,
prevailing during the GMS states that the GMS Invitation shall 2024, or 21 calendar days before the advertisement date of
be made within 14 days before the GMS convention, while GMS Invitation without taking into account the Invitation date
OJK Regulation Number 15/POJK.04/2020 states that the GMS and GMS date. The Invitation was made through:
Invitation shall be made within a period of at least 21 days prior a. PT Bursa Efek Indonesia’s official website;
to the date of the GMS convened, without considering the b. KSEI website; and
invitation and GMS date. c. The Company’s Official Website (www.adira.co.id) in Bahasa
Indonesia and English.
In addition, OJK Regulation No. 32/POJK.04/2014 also specifies
that the Invitation should be made through:
a. Website of e-GMS provider;
b. The Stock Exchange’s official website;
c. The Public Company’s official website, in Indonesian and
foreign languages, provided that the foreign language used
is at least English.
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and Analysis Responsibility
Provision Implementation
OJK Regulation Number 15/POJK.04/2020 also states that the This Invitation has covered:
Invitation must consist of the following information: a. Convention date is March 7, 2024;
a. Convention date; b. Convention time: 10.00 Western Indonesia Time
b. Convention time; c. Convention place is in Ballroom B, Ayana Midplaza, Jakarta,
c. Convention venue; Jl. Jend. Sudirman Blok 10-11, Jakarta Pusat 10220;
d. Provisions on the shareholders entitled to attend the d. Provisions on the shareholders entitled to attend the
meeting; meeting, which were the shareholders registered in the
e. Meeting agenda including the description for each agenda; Company’s List of Shareholders or registered with
and Indonesian Central Securities Depository (KSEI) on March 4,
f. Information stating that the materials for each meeting 2024; and
agenda is available for the shareholders since the date of e. Meeting agenda, including the description for each agenda,
GMS Invitation until to its convention date. which was 7 meeting agendas and the description.
Information stating that the materials for each meeting
agenda is available for the shareholders at the head office of
Adira Finance since the date of GMS Invitation up to the GMS
convened.
GMS Convention
UUPT, OJK Regulation Number 15/POJK.04/2020, and the Annual GMS was convened on March 27, 2024 in Ballroom B,
Company’s Articles of Association require the GMS to be held Ayana Midplaza, Jakarta, Jl. Jend. Sudirman Blok 10-11, Jakarta
at the Company’s domicile or the place where the Company Pusat 10220.
conducts its principal business activities as determined in the
articles of association or in the stock exchange’s domicile where
the Company’s shares are listed. The Company’s headquarter is
located in South Jakarta.
Notification of Summary of GMS Minutes
OJK Regulation Number 15/POJK.04/2020 requires the On March 28, 2024 or 1 working day after the GMS Convention,
Announcement of GMS Minutes to be announced publicly the GMS minutes were submitted to OJK and advertised in
2 days after the GMS at the latest and its announcement Investor Daily Indonesia in Indonesian language and
proof shall be submitted to the OJK latest 2 days since the having national distribution.
announcement.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 225
Page 228
Attendance of the Board of Commissionares, the Board of Directors, Committee, and Sharia Supervisory
Board in the Annual GMS on March 27, 2024:
Name Position Attendance
Board of Commissioners
Daisuke Ejima President Comissioner Present
Krisna Wijaya Independent Commissioner Present
Manggi Taruna Habir Independent Commissioner Present
Congsin Congcar Commissioner Present via Zoom Webinar
Eng Heng Nee Philip Commissioner Absent
Hafid Hadeli Commissioner Present
Board of Directors
I Dewa Made Susila President Director Present
Swandajani Gunadi Director Present
Niko Kurniawan Bonggowarsito Director Present
Harry Latif Director Present
Jin Yoshida Director Present
Denny Riza Farib Director Present
Audit Committee
Manggi Taruna Habir Chairman Present
Jusuf Sukiman Member Present
Restiana Ie Tjoe Linggadjaya Member Present
Risk Monitoring Committee
Krisna Wijaya Chairman Present
Manggi Taruna Habir Member Present
Rio Erriad Member Present
Governance Committee
Krisna Wijaya Chairman Present
Diyah Sasanti Member Present via Zoom Webinar
Sharia Supervisory Board
Prof. Dr. H. Faturrachman Djamil, M.A. Chairman Present via Zoom Webinar
Prof. Dr. Noor Achmad, M.A. Member Present via Zoom Webinar
Dr. Rini Fatma Kartika M.H. Member Present via Zoom Webinar
Decision Making Mechanism
At the GMS held in 2024 the Meeting was chaired by Krisna Wijaya (Independent Commissioner of the
Company) appointed by the Board of Commissioners to chair the GMS. The GMS chairman read the rules
of the GMS. The GMS chairman gave the shareholders the opportunity to ask questions on each meeting
agenda. The meeting chairman and/or a member of the Board of Directors appointed gave an explanation or
response to any questions asked. After all the questions were answered, the voting was then held, whereby
only the shareholders or their legal representatives could vote. Each share gives the holder the right to issue
1 vote.
Independent Party as Vote Counter
To perform vote counting in every agenda of the GMS, the Company appointed Notary Mala Mukti S.H. LL.M.
and PT Adimitra Jasa Korpora as the party performing the vote count or validating the votes.
226 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Annual GMS Resolutions on March 27, 2024
The resolutions of the Annual GMS and its realizations:
Total
Proposal Realization
Agree Abstain Disagree
First Meeting Agenda
1. Approved the Company's annual report for the financial year 931,985,543 73,000 46,200 The GMS approval
ending on December 31, 2023; shares or shares or shares or has been set forth in
2. Ratify the Company's financial statements for the financial 99.98722% 0.0078% 0.0050% the Deed of AGMS
year ending on December 31, 2023 which have been audited Minutes No.98 on
by the Public Accounting Firm Imelda & Rekan (a member March 27, 2024, drawn
firm of Deloitte Asia Pacific and Deloitte Global Network), up before Notary Mala
as contained in the Independent Auditor's Report No. Mukti, S.H., LL.M.
00011/2.1265/AU.1/09/0849-2/1/II/2024, dated February 12, 2024
with unmodified opinion;
3. Ratify the annual supervisory task report of the Company's
Board of Commissioners for the financial year ending on
December 31, 2023;
4. Grant full exemption and discharge of responsibility
(“volledig acquit et décharge”) to:
a) the Board of Directors of the Company in carrying out
their duties and responsibilities for the management and
duties and responsibilities of representing the Company;
b) The Company's Board of Commissioners in carrying out
their supervisory duties and responsibilities as well as
their duties and responsibilities in providing advice to the
Company's Directors, assisting the Company's Directors,
and giving approval to the Company's Directors; and
c) The Sharia Supervisory Board in carrying out the duties
and responsibilities of supervising the Sharia aspects
of the implementation of the Company's business
activities in accordance with Sharia Principles as well
as providing advice and suggestions to the Board of
Directors of the Company, which was carried out in the
financial year ending on December 31, 2023, as long as
the implementation of duties and responsibilities were
reflected in the Annual Report for the financial year
ending on December 31, 2023.
Second Meeting Agenda
Approved the use of the Company’s net profit for the 2023 fiscal 931,985,543 73,000 46,200 · approximately 1%
year of IDR1,944,047,263,246 with the following details: shares or shares or shares or of the net profit or
1. approximately 1% of the net profit or IDR19,440,472,632 is set 99.9872% 0.0078% 0.0050% IDR19,440,472,632
aside as a Reserve Fund so that the entire Reserve Fund of already set aside
the Company becomes IDR242,577,951,568; as a Reserve Fund,
2. approximately 50% of the Company’s net profit or so that the entire
IDR972,000,000,000 or IDR972 per share, will be paid Reserve Fund of the
as dividends for the 2023 fiscal year, with the following Company becomes
conditions: IDR242,577,951,568.
a. dividends will be paid to shareholders whose names are · Dividend payment
registered in the Register of Shareholders on April 17, which was 50% of
2024, at 16:00 WIB (Western Indonesian Time) (hereinafter the Company’s net
referred to as the “Recording Date”) and will be paid on profit of 2023 ficsal
May 2, 2024, (hereinafter referred to as “Payment Date”); year or amounted of
b. On dividends for the 2023 fiscal year, the Board of IDR972,000,000,000
Directors will withhold dividend tax in accordance with (IDR972 per share)
the tax regulations that apply to shareholders; was made on May 2,
c. The Board of Directors is hereby given the power and 2024.
authority to determine matters concerning or related to
the implementation of dividend payments for the 2023
financial year;
3. The remaining unappropriated net profit of the Company for
the 2023 fiscal year, which is IDR952,606,790,614, is recorded
as the Company’s Retained Earnings.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 227
Page 230
Total
Proposal Realization
Agree Abstain Disagree
Third Meeting Agenda
Appointed Elisabeth Imelda, as a Public Accountant and Imelda 931,985,543 73,000 46,200 Elisabeth Imelda, as
& Rekan (a member firm of Deloitte Asia Pacific and Deloitte shares or shares or shares a Public Accountant
Global Network) as a Public Accounting Firm registered with the 99.9872% 0.0078% atau and Imelda & Rekan
Financial Services Authority, to conduct an audit/examination of 0.0050% (a member firm of
the Company's books or records for the financial year 2024 with Deloitte Asia Pacific
an audit fee of IDR1,600,000,000 (one billion and six hundred and Deloitte Global
million Rupiah) excluding taxes and out of pocket expenses, for Network) as a Public
the year ending December 31, 2024. Accounting Firm
registered in the
Financial Services
Authority, conducted
an audit for 2024
Financial Report
with an audit fee of
IDR1,600,000,000
excluding taxes
and out of pocket
expenses.
Fourth Meeting Agenda
1. a. Determine the amount of tantiem to be distributed 931,982,443 76,100 46,200 1) The distribution
to members of the Company's Board of Directors shares or shares or shares or of salary and
for the 2023 financial year in the amount of 99.9869% 0.0082% 0.0050% allowances as well
IDR27,500,000,000,00,- including tax as the distribution
b. Determined that the salaries and benefits of all members of tantiem for each
of the Company's Board of Directors for the 2024 financial member of the
year are in the amount of including tax; and Board of Directors
c. Granting authority to the President Commissioner of the of the Company
Company to determine the distribution of the amount has already
of salary and allowances as well as the distribution of been carried out
tantiem, for each member of the Board of Directors of according to the
the Company based on the recommendation of the GMS Decision and
Nomination and Remuneration Committee Number 004/ recommendation
ADMF/KNR/III/24, dated March 13, 2024. of the Nomination
2. a. Determine the amount of tantiem to be distributed to the and Remuneration
Company's Board of Commissioners for the 2023 financial Committee on
year in the amount of IDR1,485,714,286,00, including tax; March 13, 2024.
b. Determine the amount of salary or honorarium and 2) The distribution
allowances for all members of the Company's Board of of salary or
Commissioners for the 2024 financial year in the amount honorarium and
of IDR8,748,756,337,00 , - including tax; and allowances as well
c. Granting authority to the President Commissioner of the as the distribution
Company to determine the distribution of the amount of tantiem for
of salary or honorarium and allowances and bonuses for each member
each member of the Company's Board of Commissioners of the Board of
based on the recommendation of the Nomination and Commissioner has
Remuneration Committee Number 003/ADMF/KNR/III/24, already carried
dated March 13, 2024. out according to
3. Approved the delegation of authority to the Board of GMS Decision and
Commissioners to determine the salary or honorarium and/ recommendation
or allowances for the 2024 financial year for each member of the Nomination
of the Company's Sharia Supervisory Board based on the and Remuneration
recommendation of the Nomination and Remuneration Committee on
Committee Number 005/ADMF/KNR/III/24, dated March 13, Mach 13, 2024.
2024. 3) The distribution
of salary or
honorarium and/
or allowances for
each member
of the Sharia
Supervisory Board
has already carried
out according to
GMS Decision and
recommendation
of the Nomination
and Remuneration
Committee on
March 13, 2024.
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and Analysis Responsibility
Total
Proposal Realization
Agree Abstain Disagree
Fifth Meeting Agenda
1) a. Approve the reappointment of all members of the Board 931,885,143 76,100 143,500 The composition
of Commissioners, all members of the Board of Directors shares or shares or shares or of the Board of
except Mr. JIN YOSHIDA, who is not reappointed due 99.9764% 0.0082% 0.0154% Commissioners and
to having received a new assignment as Director of PT Board of Directors of
BANK DANAMON INDONESIA Tbk, and all members of the Company after
the Sharia Supervisory Board, effective from the closing the Annual GMS on
of this Meeting until the closing of the 3rd (third) Annual April 27, 2023 is as
General Meeting of Shareholders after this Meeting, which follows:
is for the financial year ending on December 31, 2026 (31- Board of
12-2026), to be held in 2027 (two thousand twenty-seven), Commissioners:
with gratitude to Mr. JIN YOSHIDA for his services to the President
Company. Commissioner:
b. Approve the appointment of Mr. SIGIT HENDRA Daisuke Ejima;
GUNAWAN, Mr. SYLVANUS GANI KUKUH MENDROFA Independent
and Mr. TAKANORI MIZUNO as Board of Directors of the Commissioner:
Company, which is effective from the date of passing the Krisna Wijaya;
Fit and Proper Test from the Financial Services Authority Independent
on his appointment as Board of Director of the Company, Commissioner:
with a term of office that will end at the closing of the Manggi Taruna Habir;
3rd (third) Annual General Meeting of Shareholders after Commissioner:
this Meeting, which is for the financial year ending on Eng Heng Nee Philip;
December 31, 2026 (31-12-2026), to be held in 2027 (two Commissioner:
thousand twenty-seven). Congsin Congcar; and
Commissioner:
Thus, the composition of the Board of Commissioners and Hafid Hadeli
Board of Directors of the Company is as follows: Direksi:
Board of Directors:
BOARD OF COMMISSIONER President Director: I
President Commissioner : Daisuke Ejima; Dewa Made Susila;
Independent Commissioner : Krisna Wijaya; Director : Swandajani
Independent Commissioner : Manggi Taruna Habir; Gunadi;
Commissioner : Eng Heng Nee Philip; Director: Niko
Commissioner : Congsin Congcar; and Kurniawan
Commissioner : Hafid Hadeli; Bonggowarsito;
Director: Harry Latif;
BOARD OF DIRECTORS: Director : Denny Riza
President Director : I Dewa Made Susila; Farib;
Director : Swandajani Gunadi; Director : Mr. Sigit
Director : Niko Kurniawan Bonggowarsito; Hendra Gunawan
Director : Harry Latif; (effective from the
Director : Denny Riza Farib date of passing the Fit
Director : Sigit Hendra Gunawan and Proper test from
(Effective since the date of passing the Financial Services
Fit and Proper test from Financial Authority);
Services Authority); Director : Mr. Sylvanus
Director : Sylvanus Gani K. Mendrofa Gani K. Mendrofa
(Effective since the date of passing (effective as of the
Fit and Proper test from Financial date of passing the
Services Authority); and Fit and Proper test of
Director : Takanori Mizuno the Financial Services
(Effective since the date of passing Authority);
Fit and Proper test from Financial and
Services Authority).
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 229
Page 232
Total
Proposal Realization
Agree Abstain Disagree
with a term of office that will end until the closing of the 3rd Director : Mr. Takanori
(three) Annual General Meeting of Shareholders after this Mizuno (effective as
Meeting, namely the financial year ending on December 31, of the date of passing
2026, which will be held in 2027, without prejudice to the the Fit and Proper
rights of the General Meeting of Shareholders to terminate it test of the Financial
(-them) at any time. Services Authority).
2. Authorize the Board of Directors of the Company to declare
the resolutions of the Fifth Meeting in one or more deed With a term of office
of meeting resolutions made before a Notary, and submit that will end until
notification of changes in the Company’s data to the Minister the closing of the
of Law and Human Rights of the Republic of Indonesia. 3rd (third) Annual
General Meeting of
Shareholders after
this Meeting, namely
the financial year
ending on December
31, 2026, which will be
held in 2027.
The changes in the
Company’s data have
been set forth in the
Deed of Decision
Statement of Annual
General Meeting of
Shareholders Number
74 dated March
27, 2024, drawn up
before Mala Mukti,
S.H., LL.M., Notary in
Jakarta.
Sixth Meeting Agenda
1. Grant approval to the Company’s Board of Directors to 931,090,181 73,000 941,562 GMS approval has
transfer and/or encumber the Company’s assets in the form shares or shares or shares or been set forth in
of receivables that constitute more than 50% (fifty percent) 99.8912% 0.0078% 0.1010% the Deed of Annual
but shall not exceed 400% (four hundred percent) of the General Meeting of
Company’s net assets, in order to secure the payment of Shareholders’ Minutes
Bonds to be issued by the Company and other debts, with the of PT Adira Dinamika
following notes: Multi Finance Tbk No.
a) Joint financing assets between the Company and PT 98 dated March 27,
Bank Danamon Indonesia Tbk are not included in the 2024 drawn before
encumbered assets; and before Mala Mukti,
b) The Gearing Ratio shall not exceed 6.5x (six point five times) S.H., LL.M., Notary in
of the net assets based on the latest audited financial Jakarta.
statements by a Public Accounting Firm, with the provision
that if the Gearing Ratio has reached 6x (six times) of the
net assets, the Company’s Board of Directors must obtain
approval from the Company’s Board of Commissioners and
the Majority Shareholders.
2. That such actions do not violate the terms and conditions
stipulated in the agreements between the Company and third
parties; and.
3. Authorize the Board of Directors of the Company to take all
necessary actions in connection with the Continuing Public
Offering of Bonds and Sukuk, including but not limited to
signing deeds before a Notary.
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and Analysis Responsibility
In addition to adopting some resolutions, there was 3. Report on the realization of the use of proceeds
a report submitted in the Annual GMS as follows: from the issuance of Adira Finance Continuous
1. Report on the realization of the use of proceeds Bond VI Phase II of Year 2023, where;
from the issuance of Adira Finance Continuing - Total proceeds of the Bond Public Offering
Bond VI Phase I of the Year 2023 where; amounted to IDR1,250,000,000,000.00 (one
- Total proceeds of Bond Public Offering of trillion two hundred fifty billion rupiah);
IDR1,700,000,000,000.00; - Bond Public Offering Cost amounted to
- Bond Public Offering Cost of IDR3,777,061,820.00
IDR6,954,225,700.00; - Net Proceeds of IDR1,246,222,938,180.00;
- Net Proceeds of IDR1,694,553,601,131.00; - Use of Proceeds from the Bond Public
- Use of Proceeds from Bonds Public Offering Offering until December 8, 2023, was utilized
until July 28, 2023 for motor vehicle consumer for consumer financing related to the
financing of IDR1,693,054,774,300.00 Company’s business in the form of murabahah
amounting to IDR1,246,222,938,180,00
Therefore, the remaining bond proceeds were
IDR0 or had been fully used. The use of such Therefore, the remaining Sukuk Mudharabah
bond proceeds has been in accordance with proceeds were IDR0 or had been fully used.
the prospectus and has been reported by the The use of such bond proceeds has been in
Company to the Financial Services Authority on accordance with the prospectus and has been
July 28, 2023, by Letter Number 139/ADMF/CS/ reported by the Company to the Financial
VII/23. Services Authority on December 8, 2023, by
Letter Number 211/ADMF/CS/XII/23.
2. Report on the realization of the use of proceeds
from the issuance of Adira Finance Continuous 4. Report on the realization of the use of proceeds
Sukuk Mudharabah V Phase I of the Year 2023: from the issuance of Adira Finance Continuous
- Total proceeds of Sukuk Mudharabah Public Sukuk Mudharabah V Phase I of Year 2023:
Offering of IDR300,000,000,000.00; - Total proceeds of Sukuk Mudharabah Public
- Sukuk Mudharabah Public Offering Cost of Offering of IDR300,000,000,000.00;
IDR1,375,322,550.00; - Sukuk Mudharabah Public Offering Cost of
- Net Proceeds of IDR298,624,677,450.00; IDR1,062,939,325.00;
- Use of Proceeds from Sukuk Mudharabah - Net Proceeds of IDR298,937,060,675.00
Public Offering until July 28, 2023, for - Use of Proceeds from Sukuk Mudharabah
consumer financing related to the Company’s Public Offering until December 8, 2024, for
business in the form of murabahah of consumer financing related to the Company’s
IDR298,624,677,450.00; business in the form of murabahah of
IDR298,937,060,675.00;
Therefore, the remaining Sukuk Mudharabah
proceeds were IDR0 or had been fully used. Therefore, the remaining Sukuk Mudharabah
The use of such bond proceeds has been in proceeds were IDR0 or had been fully used. The
accordance with the prospectus and have use of such bond proceeds has been in accordance
been reported by the Company to the Financial with the prospectus and has been reported by the
Services Authority July 28, 2023, by Letter Company to the Financial Services Authority on
Number 140/ADMF/CS/VII/23. December 8, 2023, by Letter Number 212/ADMF/CS/
XII/23.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 231
Page 234
Resolution and Realization of the Results of the Previous Year’s GMS
The implementation process of the Annual GMS on April 4, 2023:
Provision Implementation
Announcement of GMS Plan to OJK
OJK Regulation No. 15/POJK.04/2020 requires the agenda of the Announcement of GMS Plan was submitted to OJK on
GMS to be submitted to OJK no later than 5 working days prior February 17, 2023, or 5 working days before the GMS
to the announcement of GMS plan advertised by the Company, Announcement was advertised including the GMS agenda.
excluding the date of the GMS announcement.
Announcement of the GMS Plan
UUPT, OJK Regulation No. 15/POJK.04/2020, and the Announcement of GMS Plan was submitted on
Company’s Articles of Association require that the February 24, 2023 or 14 calendar days before the advertisement
announcement of GMS plan should be made 14 calendar date of GMS Invitation without taking into account the date of
days before the date of the GMS Invitation without taking Announcement/Notification and Invitation through:
into account the date of the Announcement and the date a PT Bursa Efek Indonesia’s official website;
of the Invitation b. KSEI website as e-GMS provider; and
c. The Company’s official website (www.adira.co.id) in
In addition, OJK Regulation No. 15/POJK.04/2020 also Indonesian and English.
specifies that the announcement should be made
through:
a. E-GMS Provider's website;
b. Stock Exchange’s official website;
c. Public Company’s official website, in Indonesian and
foreign languages, provided that the foreign language
used is at least English.
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
GMS Invitation
Both the UUPT and the Company’s Articles of Association GMS Invitation was conducted by the Company on March 13,
prevailing during the GMS states that the GMS Invitation 2023, or 21 calendar days before the advertisement date of
shall be made within 14 days before the GMS convention, GMS Invitation without taking into account the Invitation date
while OJK Regulation No. 15/POJK.04/2020 states that the and GMS date. The Invitation was made through:
GMS Invitation shall be made within a period of at least a. PT Bursa Efek Indonesia's official website;
21 days prior to the date of the GMS convened, without b. KSEI website; and
considering the invitation and GMS date. c. The Company’s Official Website (www.adira.co.id) in Bahasa
Indonesia and English.
In addition, OJK Regulation No. 15/POJK.04/2020 also
specifies that the Invitation should be made through: This Invitation has covered:
a. Website of e-GMS provider; a. Convention date is April 4, 2023;
b. The Stock Exchange's official website; b. Convention time: 10.00 Western Indonesia Time
c. The Public Company’s official website, in Indonesian c. Convention place is in Ballroom B, Ayana Midplaza, Jakarta,
and foreign languages, provided that the foreign Jl. Jend. Sudirman Blok 10-11, Jakarta Pusat 10220;
language used is at least English. d. Provisions on the shareholders entitled to attend the
meeting, which were the shareholders registered in
OJK Regulation No. 15/POJK.04/2020 also states that the the Company’s List of Shareholders or registered with
Invitation must consist of the following information: Indonesian Central Securities Depository (KSEI) on
a. Convention date; March 10, 2023; and
b. Convention time; e. Meeting agenda, including the description for each
c. Convention venue; agenda, which was 8 meeting agendas and the
d. Provisions on the shareholders entitled to attend the description.
meeting
e. Meeting agenda including the description for each agenda; Information stating that the materials for each meeting
and agenda is available for the shareholders at the head office
f. Information stating that the materials for each meeting of Adira Finance since the date of GMS Invitation up to the
agenda is available for the shareholders since the date of GMS convened.
GMS Invitation until to its convention date.
GMS Convention
UUPT, OJK Regulation No. 15/POJK.04/2020, and the Company’s Annual GMS was convened on April 4, 2023 in Ballroom B,
Articles of Association require the GMS to be held at the Ayana Midplaza, Jakarta, Jl. Jend. Sudirman Blok 10-11, Jakarta
Company’s domicile or the place where the Company conducts Pusat 10220.
its principal business activities as determined in the articles
of association or in the stock exchange’s domicile where the
Company’s shares are listed. The Company’s head office is
located in South Jakarta
Notification of Summary of GMS Minutes
OJK Regulation No. 15/POJK.04/2020 requires the On April 5, 2023 or 1 working day after the GMS Convention,
Announcement of GMS Minutes to be announced publicly the GMS minutes were submitted to OJK and advertised in
2 days after the GMS at the latest and its announcement Investor Daily Indonesia in Indonesian language and
proof shall be submitted to the OJK latest 2 days since the having national distribution.
announcement.
The Attendance of the Board of Commissioners and Board of Directors in Annual GMS on April 4, 2023:
Name Position Attendance
Board of Commissioners
Krisna Wijaya Independent Commissioner Present
Manggi Taruna Habir Independent Commissioner Present
Congsin Congcar Commissioner Present via Zoom Webinar
Board of Directors
I Dewa Made Susila President Director Present
Swandajani Gunadi Director Present
Niko Kurniawan Bonggowarsito Director Present
Harry Latif Director Present
Jin Yoshida Director Present
Audit Committee
Manggi Taruna Habir Chairman Present
Jusuf Sukiman Member Present via Zoom Webinar
Restiana Ie Tjoe Linggadjaya Member Present via Zoom Webinar
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 233
Page 236
Risk Monitoring Committee
Krisna Wijaya Chairman Present
Manggi Taruna Habir Member Present
Rio Erriad Member Present via Zoom Webinar
Corporate Governance Committee
Krisna Wijaya Chairman Present
Diyah Sasanti Member Present via Zoom Webinar
Sharia Supervisory Board
Prof. Dr. H. Faturrahman Djamil, M.A. Chairman Present via Zoom Webinar
Prof. Dr. Noor Achmad, M.A. Member Present via Zoom Webinar
Dr. Rini Fatma Kartika M.H. Member Present via Zoom Webinar
Decision Making Mechanism
At the GMS held in 2023, the Meeting was chaired by Krisna Wijaya (Independent Commissioner of the
Company) appointed by the Board of Commissioners to chair the GMS. The GMS chairman read the rules
of the GMS. The GMS chairman gave the shareholders the opportunity to ask questions on each meeting
agenda. The meeting chairman and/or a member of the Board of Directors appointed gave an explanation or
response to any questions asked. After all the questions were answered, the voting was then held, whereby
only the shareholders or their legal representatives could vote. Each share gives the holder the right to issue
1 vote.
Independent Party as Vote Counter
To perform vote counting in every agenda of the GMS, the Company appointed Notary Mala Mukti S.H. LL.M
and PT Adimitra Jasa Korpora as the party performing the vote count or validating the votes.
Annual GMS Resolutions on April 4, 2023
The resolutions of the Annual GMS and its realizations:
Total
Proposal Realization
Agree Abstain Disagree
First Meeting Agenda
1. Approved the Company's annual report for the financial year 933,0216,607 14,300 400 The GMS approval
ending December 31, 2022; shares or shares or shares or has been set forth in
2. Ratify the Company's financial statements for the financial 99.99842% 0.00153%7 0.00004% the Deed of AGMS
year ending on December 31, 2022 which have been audited Minutes No. 10 on
by the Public Accounting Firm Imelda & Rekan (a member April 04, 2023, drawn
firm of Deloitte Asia Pacific and Deloitte Global Network), up before Mala Mukti,
as contained in the Independent Auditor's Report No. S.H., LL.M.
00012/2.1265/AU.1/09/0849-1/1/II/2023, dated February 8, 2023
with unmodified opinion;
3. Ratify the annual supervisory task report of the Company's
Board of Commissioners for the financial year ending
December 31, 2022; and
234 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Proposal Realization
Agree Abstain Disagree
4. Grant full exemption and discharge of responsibility
(“volledig acquit et décharge”) to: (i) the Board of Directors of
the Company in carrying out their duties and responsibilities
for the management and duties and responsibilities of
representing the Company; (ii) The Company’s Board of
Commissioners in carrying out their supervisory duties and
responsibilities as well as their duties and responsibilities in
providing advice to the Company’s Directors, assisting the
Company’s Directors, and giving approval to the Company’s
Directors; and (iii) the Sharia Supervisory Board in carrying
out the duties and responsibilities of supervising the sharia
aspects of the implementation of the Company’s business
activities in accordance with Sharia Principles as well as
providing advice and suggestions to the Board of Directors
of the Company, which was carried out in the financial year
ending December 31, 2022, as long as the implementation
of duties and responsibilities were reflected in the Annual
Report for the financial year ending December 31, 2022.
Second Meeting Agenda
Approved the use of the Company’s net profit for the 2022 fiscal 933,216,607 14,300 400 • approximately 1%
year of IDR1,605,555,430,051 with the following details: shares or shares or shares or of the net profit or
1. approximately 1% of the net profit or IDR16,055,554,300 is set 99.99842% 0.00153% 0.00004% IDR16,055,554,300
aside as a Reserve Fund so that the entire Reserve Fund of already set aside
the Company becomes IDR223,137,478,936; as a Reserve Fund,
2. approximately 50% of the Company’s net profit or so that the entire
IDR803,000,000,000 or IDR803 per share, will be paid Reserve Fund of the
as dividends for the 2022 fiscal year, with the following Company becomes
conditions: IDR223,137,478,936.
a. dividends will be paid to shareholders whose names are • Dividend payment
registered in the Register of Shareholders on April 17, which was 50% of
2023, at 16:00 WIB (Western Indonesian Time) (hereinafter the Company’s net
referred to as the “Recording Date”) and will be paid on profit of 2022 ficsal
the May 4, 2023, (hereinafter referred to as “Payment year or amounted of
Date”); IDR803,000,000,000
b. on dividends for the 2022 fiscal year, the Board of (IDR803 per share)
Directors will withhold dividend tax in accordance with was made on May 4,
the tax regulations that apply to shareholders; 2023.
c. The Board of Directors is hereby given the power and
authority to determine matters concerning or related to
the implementation of dividend payments for the 2022
financial year;
3. the remaining unappropriated net profit of the Company for
the 2022 fiscal year, which is IDR786,499,875,751, is recorded
as the Company’s Retained Earnings.
Appointed Elisabeth Imelda, as a Public Accountant and Imelda 933,215,107 15,800 400 Elisabeth Imelda, as
& Rekan (a member firm of Deloitte Asia Pacific and Deloitte shares or shares or shares a Public Accountant
Global Network) as a Public Accounting Firm registered with the 99.99826% 0.00169% atau and Imelda & Rekan
Financial Services Authority, to conduct an audit/examination of 0.00004% (a member firm of
the Company's books or records for the financial year 2023 with Deloitte Asia Pacific
an audit fee of IDR1,600,000,000 (one billion and six hundred and Deloitte Global
million Rupiah) excluding taxes and out of pocket expenses. Network) as a Public
Accounting Firm
registered in Financial
Services Authority,
conducted an audit
for 2023 Financial
Report with an audit
fee of IDR1,600,000,000
excluding taxes and
out of pocket expenses.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 235
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Total
Proposal Realization
Agree Abstain Disagree
Fourth Meeting Agenda
1. a. Determine the amount of tantiem to be distributed to 933,180,407 36,900 14,000 1) The distribution
members of the Company's Board of Directors for the shares or shares or shares or of salary and
2022 financial year in the amount of IDR18,234,461,538, - 99.99455% 0.00395% 0.00150% allowances as well
including tax. as the distribution
b. Determined that the salaries and benefits of all members of tantiem for each
of the Company's Board of Directors for the 2023 financial member of the
year are in the amount of IDR36.953.646.478, - including Board of Directors
tax; and of the Company
c. Granting authority to the President Commissioner of the has already carried
Company to determine the distribution of the amount out according to
of salary and allowances as well as the distribution of GMS Decision and
tantiem, for each member of the Board of Directors of recommendation
the Company based on the recommendation of the of the Nomination
Nomination and Remuneration Committee Number 005/ and Remuneration
ADMF/KNR/III/23, dated March 10, 2023. Committee on
2. a. Determine the amount of tantiem to be distributed to the March 10, 2023.
Company's Board of Commissioners for the 2022 financial 2) The distribution
year in the amount of IDR1,303,571,429, including tax; of salary or
b. Determine the amount of salary or honorarium and honorarium and
allowances for all members of the Company's Board of allowances as well
Commissioners for the 2023 financial year in the amount as the distribution
of IDR7,849,372,096, - including tax; and of tantiem for
c. Granting authority to the President Commissioner of the each member
Company to determine the distribution of the amount of the Board of
of salary or honorarium and allowances and bonuses for Commissioner has
each member of the Company's Board of Commissioners already carried
based on the recommendation of the Nomination and out according to
Remuneration Committee Number 004/ADMF/KNR/III/23, GMS Decision and
dated March 10, 2023; recommendation
3. Approved the delegation of authority to the Board of of the Nomination
Commissioners to determine the salary or honorarium and Remuneration
and/or allowances for the 2021 financial year for each Committee on
member of the Company's Sharia Supervisory Board Mach 10, 2023.
based on the recommendation of the Nomination and 3) The distribution
Remuneration Committee Number 006/ADMF/KNR/III/23, of salary or
dated March 10, 2023. honorarium and/
or allowances for
each member of
Sharia Supervisory
Board has already
carried out
according to GMS
Decision and
recommendation
of the Nomination
and Remuneration
Committee on
March 10, 2023.
Fifth Meeting Agenda
1) a. Accepting resignation Mr. Yasusi Itagaki from his position 933,215,107 15,800 400 The composition
as President Commissioner of the Company, which came shares or shares or shares or of the Board of
into effect since the closing of the Meeting, by thanking 99.9998% 0.0016% 0.00004% Commissioners and
him for his contribution that have been provided to the Board of Directors of
Company; the Company after
b. Approve the appointment of Mr. Daisuke Ejima as the Annual GMS on
President Commissioner the Company, which is effective April 4, 2023 is as
from the date of passing the Fit and Proper Test from follows:
the Financial Services Authority on his appointment Board of
as President Commissioner of the Company, for the Commissioners:
remaining term of office of the current members of the President
Company's Board of Commissioners; and Commissioner:
c. Approve the appointment of Mr. Denny Riza Farib as Daisuke Ejima
Director of the Company, effective from the date of (effective since the
passing the Fit and Proper Test from the Financial date of passing the fit
Services Authority for his appointment as Director of the and proper test from
Company, for the remaining term of office of the current the Financial Services
members of the Board of Directors of the Company; Authority);
Independent
Commissioner:
Krisna Wijaya;
Independent
Commissioner:
Manggi Taruna Habir;
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Proposal Realization
Agree Abstain Disagree
Thus, the composition of the Board of Commissioners and Commissioner:
Board of Directors of the Company is as follows: Eng Heng Nee Philip;
Commissioner:
BOARD OF COMMISSIONER Congsin Congcar; dan
President Commissioner : Daisuke Ejima (effective since the Commissioner:
date of passing the fit and proper test from the Financial Hafid Hadeli
Services Authority); Board of Directors:
Independent Commissioner : Krisna Wijaya; President Director:
Independent Commissioner : Manggi Taruna Habir; I Dewa Made Susila;
Commissioner : Eng Heng Nee Philip; Director:
Commissioner : Congsin Congcar; and Swandajani Gunadi;
Commissioner : Hafid Hadeli; Director:
Niko Kurniawan
BOARD OF DIRECTORS: Bonggowarsito;
President Director : I Dewa Made Susila; Director:
Director : Swandajani Gunadi; Harry Latif;
Director : Niko Kurniawan Bonggowarsito; Director:
Director : Harry Latif; Jin Yoshida; dan
Director : Jin Yoshida; and Director:
Director : Denny Riza Farib (effective since the date of Denny Riza Farib
passing the fit and proper test from the Financial Services (effective since the
Authority) date of passing the fit
and proper test from
the Financial Services
Authority);
with a term of office that will end until the closing of the 3rd with a term of office
(three) Annual General Meeting of Shareholders after this that will end until
Meeting, namely the financial year ending on December 31, the closing of the
2023, which will be held in 2024, without prejudice to the 3rd (three) Annual
rights of the General Meeting of Shareholders to terminate it General Meeting of
(-them) at any time. Shareholders after
2. Authorize the Board of Directors of the Company to declare this Meeting, namely
the resolutions of the Fifth Meeting in one or more deed the financial year
of meeting resolutions made before a Notary, submit ending on December
notification of changes in the Company’s data to the Minister 31, 2023, which will be
of Law and Human Rights of the Republic of Indonesia. held in 2024.
The changes of the
Company’s data have
been set forth in the
Deed of Decision
Statement of Annual
General Meeting of
Shareholders Number
74 dated October
23, 2023, drawn up
before Mala Mukti,
S.H., LL.M., Notary in
Jakarta.
Sixth Meeting Agenda
1. Approve the Board of Directors of the Company to conduct 931,788,654 15,800 1,426,862 GMS approval has
a Continuing Public Offering of Bonds and Sukuk with a shares or shares or shares or been set forth in
value of IDR9,000,000,000,000.00 (nine trillion rupiah) and 99.8454% 0.00169% 0.015289% the Deed of Annual
IDR1,000,000,000.00 (one trillion rupiah); General Meeting of
2. Authorize the Board of Directors of the Company to take all Shareholders’ Minutes
necessary actions in connection with the Continuing Public of PT Adira Dinamika
Offering of Bonds and Sukuk, including but not limited to Multi Finance Tbk
signing deeds before a Notary. No. 10 dated April 4,
2023 drawn before
before Mala Mukti,
S.H., LL.M., Notary in
Jakarta.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 237
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Total
Proposal Realization
Agree Abstain Disagree
Sixth Meeting Agenda
1. Give approval to the Board of Directors of the Company 931,775,045 15,800 1,440,462 Make collateral for
to transfer and/or make collateral for the Company's debt saham saham saham the Company’s debt
assets in the form of Company receivables which constitute atau atau atau assets in the form of
more than 50% (fifty percent) but may not exceed 400% 99.84395% 0.00169% 0.015435% Company receivables
(four hundred percent) of the Company's net assets, in order which constitute
to guarantee payment of the Bonds to be issued by the more than 50% (fifty
Company and other debts with the following conditions: percent) but may not
a. joint financing assets (joint financing) between the exceed 400% (four
Company and PT Bank Danamon Indonesia Tbk are not hundred percent) of
included in the collateralized assets; the Company’s net
b. Gearing Ratiomay not exceed 6.5 x (six point five times) of assets, in order to
total net worth based on the latest financial report that guarantee payment
has been audited by a Public Accounting Firm, provided of the Bonds to
that if the Gearing Ratio has reached 6 x (six times) of total be issued by the
net worth, then the Board of Directors of the Company Company and other
must obtain approval from the Company's Board of debts with the
Commissioners and Majority Shareholders; following conditions:
2. that the action does not violate the terms and conditions a. joint financing
contained in the agreements between the Company and assets (joint
third parties; and financing)
3. authorize the Board of Directors of the Company to take all between the
necessary actions in connection with the guarantee of the Company and PT
Company's receivables/bills, including but not limited to Bank Danamon
signing the fiduciary guarantee deed before a Notary. Indonesia Tbk are
not included in
the collateralized
assets;
b. Gearing Ratiomay
not exceed 6.5
x (six point five
times) of total net
worth based on
the latest financial
report that has
been audited by a
Public Accounting
Firm, provided
that if the Gearing
Ratio has reached
6 x (six times) of
total net worth,
then the Board
of Directors of
the Company
must obtain
approval from the
Company’s Board
of Commissioners
and Majority
Shareholders;
that the action
does not violate
the terms and
conditions
contained in
the agreements
between the
Company and
third parties.
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In addition to adopting some resolutions, there was Report on the realization of the use of proceeds
report submitted in the Annual GMS as follows: from the issuance of Adira Finance Continuous
Sukuk Mudharabah IV Phase III of Year 2022:
Report on the realization of the use of proceeds from - Total proceeds of Sukuk Mudharabah Public
the issuance of Adira Finance Continuing Bond V Offering of IDR300,000,000,000.00;
Phase III of Year 2022 where; - Sukuk Mudharabah Public Offering Cost of
- Total proceeds of Bond Public Offering of IDR1,135,788,769.00;
IDR1,700,000,000,000.00; - Net Proceeds of IDR298,864,211,231,00;
- Bond Public Offering Cost of IDR5,446,398,869.00; - Use of Proceeds from Sukuk Mudharabah
- Net Proceeds of IDR1,694,553,601,131.00; Public Offering until April 19, 2022, for consumer
- Use of Proceeds from Bonds Public Offering financing related to the Company’s business in
until April 19, 2022 for motor vehicle consumer the form of murabahah of IDR298,864,211,231,00;
financing of IDR1,694,553,601,131.00.
Therefore, the remaining Sukuk Mudharabah
Therefore, the remaining bond proceeds were proceeds were IDR0 or had been fully used. The
IDR0 or had been fully used. The use of such use of such bond proceeds has been in accordance
bond proceeds has been in accordance with the with the prospectus and have been reported by the
prospectus and have been reported by the Company Company to the Financial Services Authority April
to the Financial Services Authority on April 19, 2022, 19, 2022, by Letter Number 137/ADMF/CS/IV/22.
by Letter Number 139/ADMF/CS/IV/22.
Therefore, the remaining Sukuk Mudharabah
proceeds were IDR0 or had been fully used. The
use of such bond proceeds has been in accordance
with the prospectus and has been reported by
the Company to the Financial Services Authority
December 8, 2023, by Letter Number 212/ADMF/CS/
XII/23.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 239
Page 242
For 2024, the Annual GMS is scheduled to be held on March 25, 2025.
Adira Finance’s Shareholders
Adira Finance’s issued shares are common stock. Therefore, there is no difference between
Controlling Shareholders, other than the total ownership amount.
Requirements
For the controlling shareholders, in accordance with OJK Regulation Number 28/POJK.05/2014,
controller of financing companies must meet the requirements, among others submitting the
following written statement:
1. Capital deposit that is not originated from loans;
2. Capital deposit that has not originated from money laundering activities and financial
crimes;
3. Not recorded in the list of non-performing loans;
4. Not listed in the Unqualified List (DTL) in the banking sector;
5. Never been penalized for committing crimes in the financial service and/or economic sector in 5 (five)
years;
6. Never been declared bankrupt or declared guilty which causes a company/enterprise
to be declared bankrupt by virtue of court decision having permanent legal force;
7. Never been a controlling shareholder in a financial services company whose business
permit was revoked due to violations in the last 5 (five) years.
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If the shareholder is a legal entity, the above provisions shall also apply to the Board of Directors who are
shareholders.
In addition, the Company’s Controlling Shareholders are required to meet all fit and proper requirements, in
accordance with the Financial Services Authority Regulation Number 4/POJK.05/2013 dated December 23,
2013 concerning Fit and Proper Test for Main Parties in Insurance Companies, Pension Funds, Companies
Financing and Financing Companies and FSA Regulation No. 27/POJK.03/2016 concerning Fit and Proper Test
for Main Parties in Financial Services Institutions and FSA Circular Letter No. 31/SEOJK.3/2016 concerning Fit
and Proper Test for Non-Bank Financial Services.
The fit and proper requirements that must be met by the Controlling Shareholder are as follows:
1. Integrity factors include:
a. Capable of carrying out legal actions;
b. Have good character and morals, at least shown by complying with applicable regulations, including
never having been convicted of a criminal act within a certain period of time before being nominated;
c. Have a commitment to comply with laws and regulations and support FSA policies;
d. Have a commitment to sound Financial Services Institutions; and
e. Does not include parties who are prohibited from being the Main Party.
2. Financial Feasibility Factors which include:
a. Do not have bad credit and/or financing;
b. Have never been declared bankrupt and/or have never been controlling shareholder of an insurance
company that is not a shareholder, member of the board of directors, board of commissioners or
Member Representative Body who were found guilty of causing a company to be declared bankrupt
based on a court decision within the last 5 (five) years before being nominated;
c. Have financial capabilities that can support the development of Financial Services Institutions; and
d. Have a commitment to make the necessary efforts if the Financial Services Institution experiences
financial difficulties.
The following is the pass status of the Fit and Proper Test of Adira Finance’s Controlling Shareholders on the
issuance date of this Annual Report as follows:
Pass Date of the Fit and Proper
Name Description
Assessment
PT Bank Danamon Indonesia Tbk April 29, 2024 Stipulated based on the Decree of FSA
Board of Commissioners No. KEP-782/
NB.1/2014
Shares Composition
In order to administer the shares, the Company appointed PT Adimitra Jasa Korpora as the Securities
Administration Bureau, which among others has the obligation to:
1. Provide monthly shareholder reports.
2. Provide a report on share ownership that reaches 5% or more of the issued and fully paid shares.
3. Provide reports on share ownership of the Board of Directors and the Board of Commissioners.
4. Provide a list of controlling shareholders.
Company’s Share Capital as of December 31, 2023:
Nominal Value IDR 100 per Share
Description
Number of Shares Total Nominal Value (IDR)
Authorized Capital 4.000.000.000 400.000.000.000
Issued and Fully Paid Capital 1.000.000.000 100.000.000.000
Shares in Portfolio 3.000.000.000 300.000.000.000
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 241
Page 244
No. Name Number of Shares Ownership Percentage (%)
1. PT. Bank Danamon Indonesia Tbk 920,700,000 92.07
2. Investor Korporasi 1 10,000,300 1.00
3. Investor Korporasi 2 4,703,200 0.47
4. Investor Korporasi 3 4,204,800 0.42
5. Investor Korporasi 4 3,909,600 0.39
6. Investor Korporasi 5 3,622,300 0.36
7. Investor Individu 1 2,480,000 0.25
8. Investor Individu 2 1,932,700 0.19
9. Investor Individu 3 1,514,700 0.15
10. Investor Individu 4 1,400,000 0.14
11. Investor Korporasi 6 977,400 0.10
12. Investor Individu 5 852,000 0.09
13. Investor Individu 6 850,500 0.09
14. Investor Individu 7 837,800 0.08
15. Investor Individu 8 815,500 0.08
16. Investor Individu 9 800,000 0.08
17. Investor Individu 10 792,000 0.08
18. Investor Korporasi 7 770,200 0.08
19. Investor Individu 11 600,000 0.06
20. Investor Individu 12 600,000 0.06
Throughout 2024 there were no significant changes in share ownership, PT Bank Danamon Indonesia Tbk
remains the majority shareholder with 92.07% share ownership and no other shareholder has shares above
5%.
As of 31 December 2024, the composition of shareholders based on the origin of the investor consists of:
No List of Shareholders Number of Shareholders Number of Shares Ownership Percentage (%)
LOCAL SHARES
1. Institution 38 934,462,615 93.45
2. Individual 4,936 44,091,900 4.41
FOREIGN SHARES
1. Institution 46 20,699,985 2.07
2. Individual 11 745,500 0.07
TOTAL 5,031 1,000,000,000 100.00
Shareholders have the rights:
1. The right to submit a proposed agenda in each Annual GMS to be conducted by the Company;
2. The right to propose and appoint members of the Company’s Board of Commissioners and/or Directors in
a GMS;
3. The right to obtain information related to the Company, especially for the Company’s actions that require
prior approval from the shareholders in accordance with the provisions of the applicable laws and
regulations as well as;
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4. The right to receive notification and summons directors. Therefore, the controlling shareholders,
for the implementation of the GMS, including in addition to their right to vote on the shares
the agenda to be discussed at the GMS; they own by virtue of their direct participation in
5. The right to receive a share of the Company’s the management of the Company as directors,
profits allocated to shareholders in the form of are obliged to accept the responsibility imposed
dividends and other profit sharing in proportion on them due to the power conferred on them
to the number of shares owned. in relation to their influence over the Company
management;
RESPONSIBILITIES OF ADIRA FINANCE’S 7. Any intervention in management by a controlling
SHAREHOLDERS shareholder that is against the interests of
1. The controlling shareholders are required to the Company, can be controlled through
fulfill the requirements in accordance with the strengthening the managerial accountability
applicable laws and regulations; of the directors. However, the influence of the
2. The controlling shareholders are required to controlling shareholders over the management
meet the capital adequacy of the Financing of the Company, in addition to exercising
Company in the manner stipulated by the laws their voting rights or direct participation
and regulations; in the management of the Company as
3. Shareholders, understanding that the exercise directors, is essential so that the following is
of their voting rights affects the management properly understood: their responsibilities are
of the Company, should as far as possible proportionate to the influence they have;
exercise their voting rights for the benefit of 8. Adira Finance shareholders are prohibited from
the Company. Shareholders are free to choose using Adira Finance for their personal or family
the exercise of their voting rights. However, for interests, their business activities or business
sound and transparent company management, groups, in a manner that is contrary to the
a general shareholder must try to exercise all prevailing laws and regulations;
the rights granted to him, such as paying close 9. Shareholders are prohibited from interfering in
attention to the implementation of company the operation of the Company, the authorization
management and exercising his voting rights; of which rests with the Board of Directors.
4. The controlling and influential shareholders of
the Company’s management must act in the SUSTAINABILITY MANAGEMENT [GRI 102-29][GRI
interests of the Company and all its shareholders. 102-31][GRI 102-32]
For any action contrary to this, the controlling The Company is committed to managing its
shareholders shall bear the responsibility; business activities by always paying attention
5. A controlling shareholder is a party regardless of to economic, social, and environmental aspects.
the proportion of share ownership, which has de Therefore, in the implementation of financing
facto influence over important matters including activities to the implementation of office operational
the management of the Company, such as the activities, the Company has made various efforts
appointment and dismissal of management. to protect the economic, environmental, and
Therefore, the controlling shareholders must use social impacts through related guidelines in order
their power in selecting candidates for positions to realize business activities that are in line with
in the Board of Commissioners and Directors environmental conservation efforts and increase
who have high integrity and competence to be the positive impact on stakeholders. These efforts
able to manage and control the Company in a also contribute to the achievement of Sustainable
healthy manner; Development Goals (SDGs), both at local and
6. The responsibility for operating the Company national levels.
rests with the Board of Directors. In fact, however,
it is difficult for directors to resist the unequal The Company has a Sustainable Finance Action
power exercised by controlling shareholders as Plan (SFAP) which serves as a guideline for specific
long as they have influence over the selection of
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 243
Page 246
environmental and social safeguards, and ensures that the sustainable benefits from our operations and
business activities can be experienced by stakeholders.
To support the implementation of environmental and social protection efforts, as well as to play a role in the
implementation of related guidelines, the Company has established a special division in 2020 which includes
the Strategic Marketing Division, Corporate University Division, Credit & Collection Division, HCGA Division,
Brand Communication Division, Compliance & AML Division and Corporate Secretary & Investor Relations
Division. The implementation of the Sustainable Finance Program is the responsibility of the Marketing
Director, HCGA, CREM & Corpu.
DUTIES AND RESPONSIBILITIES OF SUSTAINABILITY ASPECTS [SEOJK E.1][GRI 2-14]
Adira Finance has appointed Marketing Director, HCGA, CREM & Corpu. and several divisions under it to be
responsible for the economic, environmental, and social activities in the Sustainable Finance Action Plan.
Environmental and social-related activities including managing impacts, risks, and opportunities are carried
out by several related divisions that are under different directorates.
In monitoring Sustainable Finance Action, it is necessary to apply the four-eyes principle to increase the
effectiveness and efficiency of the implementation of sustainable finance actions, especially in lending to
business activities in the sustainable category. The Units in Charge and Person in Charge for monitoring &
evaluation of Sustainable Finance Actions are as follows: [GRI 102-29]
Aktivitas Unit in Charge PIC
Monitoring the Realization Corporate Secretary Head of Corporate Secretary
of Establishment of a Special
sustainable finance management
Unit
Monitoring the Realization of Corporate Secretary Head of Corporate Secretary
Sustainable Finance Policy
Preparation
Monitoring the Implementation of Corporate University Head of Corporate University
Internal Education
Monitoring the Realization of Brand & Communication, Human Capital • Head of Brand & Communication;
Corporate Social Responsibility & General Affair, Corporate University • Head of Human Capital & General Affair;
• Head of Corporate University
Monitoring of Workplace Human Capital & General Affair Head of Human Capital & General Affair
Management
Monitoring of credit disbursement Credit Head of Credit
to Sustainable Business Activities
Category
Credit Risk Profile Monitoring Risk Management Head of Risk Management
Sampling of Compliance Test on Compliance & AML Head of Compliance
lending to Sustainable Business
Activities Category
Evaluation of the Sustainable Sustainability Work Team Sustainability Work Team Coordinator
Finance Action Program
Evaluation of the implementation of the SFAP program is carried out once every 3 (three) months, by
comparing the program implementation plans listed in the SFAP. In the event that Sustainable Finance
cannot be implemented in accordance with the work program and timeline that has been planned, the
Company will follow up as follows:
a) Reviewing the performance indicators used for the following years based on the realization of the
Sustainable Finance program that has been implemented;
b) Revise the Sustainable Finance Action Plan.
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and Analysis Responsibility
SUSTAINABLE FINANCIAL COMPETENCY DEVELOPMENT [SEOJK E.2][GRI 2-17]
Sustainability and climate change continue to be the main discussion in the financial world, including for
Adira Finance, which regularly develops competence in sustainable finance for the Board of Commissioners
and the Board of Directors. It is important to do this so that the highest levels of management get strategic
knowledge and the latest information on sustainability aspects, especially economic, environmental, and
social in order to be in line with the commitment of the Government of Indonesia which has declared the
SDGs and Net Zero Emission targets.
The process of improving employee competence related to social and environmental risk management
includes [FS4]:
Activities Venue and Date Participants
Training Scope 3 Company Head Office 9 people (EHS & GA)
(October 22, 2024)
Training Scope 3 Company Head Office 19 people
(November 19, 2024) (Adira Finance & Bank Danamon)
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BOARD OF COMMISSIONERS Authorities of the Board of Commissioners
The Board of Commissioners has the following
The Board of Commissioners is the internal organ authorities:
of the Company responsible for overseeing and 1. Pursuant to the Company’s Articles of
advising the Board of Directors in operating the Association, the Board of Commissioners has
Company, to ensure that the Company is properly the authority to give approval to the Board of
operated in accordance with the interests of Directors in carrying out certain legal actions;
shareholders and other stakeholders. 2. The Board of Commissioners has the authority
to temporarily dismiss members of the Board of
Duties and Responsibilities of the Board of Directors by stating the reasons;
Commissioners 3. The Board of Commissioners can take actions to
1. The Board of Commissioners must ensure the manage the Company under certain conditions
implementation of Good Corporate Governance and for a certain period of time in accordance
(GCG) in every business activity of the Company with the provisions of the Articles of Association
at every level and hierarchy of the Company’s or the resolutions of the GMS.
organization.
2. periodically reviews the Company’s Vision and Board Charter of the Board of
Mission. Commissioners
3. The Board of Commissioners must supervise the In performing its duties and responsibilities, the
implementation of the duties and responsibilities Board of Commissioners of Adira Finance is guided
of the Board of Directors, as well as provide by:
advice/guidance to the Board of Directors. a. Law No. 40 of 2007 on Limited Liability
4. In conducting supervision, the Board of Companies;
Commissioners must direct, monitor and b. OJK Regulation No. 33/POJK.04/2014 on the
evaluate the implementation of the Company’s Board of Directors and Board of Commissioners
strategic policies. of Issuers or Public Companies;
5. In conducting supervision, the Board of c. OJK Regulation No. 30/POJK.05/2014 on Good
Commissioners is prohibited from being involved Corporate Governance for Financing Companies
in the decision-making of the Company’s as amended by OJK Regulation No. 29/
operational activities, except for: POJK.05/2020;
a. provision of funds to related parties as d. Articles of Association of the Company;
regulated in the applicable laws and e. Charter of the Board of Commissioners dated 29
regulations. July 2021.
b. other matters as stipulated in the Company’s
Articles of Association or the applicable laws Charter of the Board of Commissioners of Adira
and regulations. Finance regulates, among others:
6. Decision making by the Board of Commissioners i. Legal Basis;
as referred to above does not negate the ii. Organization;
responsibility of the Board of Directors for the iii. Requirements of Members of the Board of
implementation of the management of the Commissioners;
Company. iv. Appointment, Resignation, and Dismissal;
7. The Board of Commissioners must allocate v. Term of Office;
sufficient time to effectively implement its vi. Independence;
duties and obligations. vii. Duties and Responsibilities;
8. The Board of Commissioners must ensure viii. Authorities;
that the Board of Directors has followed up all ix. Independent Commissioner;
audit findings and recommendations from the x. Concurrent Positions of Members of the Board of
Company’s internal audit unit, external auditors, Commissioners;
audit results from the Ministry of Finance and/or xi. Orientation for New Members of the Board of
audit results from other authorities. Commissioners;
9. To support the effective implementation of xii. Transparency;
its duties and responsibilities, the Board of xiii. Work Ethics;
Commissioners shall establish at least: xiv. Meetings;
a. Audit Committee; xv. Reporting and Accountability;
b. Risk Monitoring Committee; xvi. Training;
c. Nomination and Remuneration Committee; xvii. Others
and
d. Corporate Governance Committee. The Charter of the Board of Commissioners has also
been uploaded to the Company’s official website at
www.adira.co.id.
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Appointment, Dismissal, and Resignation 1) Criminal acts in the financial services
of Members of the Board of Commissioners sector whose criminal offenses have been
Pursuant to the provisions of Law No. 40 of 2007 completed within the last 20 years prior to
on Limited Liability Companies (Limited Company being nominated;
Law), particularly Article 111, OJK Regulation No. 33/ 2) Criminal acts, namely criminal acts listed
POJK.04/2014 on the Board of Directors and Board of in the Criminal Code (KUHP) and/or similar
Commissioners of Issuers or Public Companies and law abroad with a threat of imprisonment
the Articles of Association of Adira Finance, which of 1 year or more whose penalty has been
stipulated that the appointment and dismissal of completed within the last 10 years prior to
members of the Board of Commissioners is carried being nominated; and/or
out through the GMS. In addition, the Company’s 3) Other crimes punishable by imprisonment
Articles of Association also regulates that the of 1 (one) year or more, including
term of office of each member of the Board of corruption, money laundering, narcotics/
Commissioners ended at the closing of the third psychotropics, smuggling, customs,
Annual GMS after the date of appointment, without excise, human trafficking, trafficking of
prejudice to the right of the GMS to dismiss members arms trade, terrorism, counterfeiting, in
of the Board of Commissioners at any time prior to the field of taxation, in forestry, in the
the end of their term of office. environmental sector, and in the marine
and fishery sector, whose penalty have
In addition, in accordance with the provisions of been completed within the last 20
OJK Regulation No. 33/POJK.04/2014 on the Board (twenty) years prior to being nominated;
of Directors and Board of Commissioners of Issuers c. Has a commitment to comply with laws and
or Public Companies, members of the Board of regulations and support OJK policies;
Commissioners may also resign from their positions d. Has a commitment to the development
prior to the end of their term of office. Furthermore, of sound Non-Bank Financial Services
the Company has the obligation to convene a GMS Institutions;
to decide on the resignation, no later than 90 days e. Not included as a party that is prohibited
after the receipt of the resignation application. from being a candidate for the Main Party.
Upon the resignation of members of the Board of 2. Financial Reputation Factor, which includes:
Commissioners, the Company shall also disclose a. Has no non-performing loan and/or non-
information to the public and submit it to the OJK performing financing; and
no later than 2 (two) working days after the receipt b. Never been declared bankrupt and/ or having
of the application and the result of the GMS. never been a shareholder, controlling an
insurance company that is not a shareholder,
Requirements of the Board of member of the board of directors, executive
Commissioners manager, or member of the board of
Furthermore, members of the Board of commissioners who is found guilty of causing
Commissioners of the Company are required to a company to be declared bankrupt within
fulfill all fit and proper requirements, in accordance the last 5 (five) prior to the nomination.
with the Financial Services Authority Regulation 3. Competency Factor, which includes:
No. 27/POJK.03/2016 on Fit and Proper Test for a. Knowledge and strategic management
Primary Parties of Non-Bank Financial Institutions capabilities undertaken to ensure that
and OJK Circular Letter No. 31/SEOJK.05/2016 on Fit members of the board of commissioners:
and Proper Test for Primary Parties of Non-Bank 1) Have sufficient and relevant knowledge to
Financial Institutions. his/her position;
2) Have an understanding of legislation;
The following are the fit and proper requirements 3) Have the ability to perform strategic
that must be fulfilled by a member of the Company’s management in the framework of sound
Board of Commissioners: business development
1. Integrity Factor, which includes: b. Experience in the field of Non-Bank Financial
a. Competent in conducting legal actions; Institutions and/or other fields relevant to his/
b. Having good character and morals, indicated her position; and
at least through compliance with the
applicable provisions, including never being
punished for being proven to commit a crime
within a certain time period prior to the
nomination, including:
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c. Expertise in the field of Non-Bank Financial Concurrent Positions of Members of the
Institutions and/or other fields relevant to his/ Board of Commissioners
her position. Pursuant to OJK Regulation No. 30/POJK.05/2014 as
amended by OJK Regulation No. 29/POJK.05/2020
Reporting Obligation of the Board of on Good Corporate Governance for Financing
Commisisoners Companies, concerning the concurrent positions
Members of the Board of Commissioners shall of members of the Board of Commissioners is
report to the Company periodically or when there regulated as follows:
was a change in: 1. Members of the Board of Commissioners are
• Their shareholdings and their family of 5% prohibited from serving in concurrent positions
or more, either in Adira Finance or in other as members of the Board of Commissioners in
companies domiciled in Indonesia or overseas. more than 3 other Finance Companies.
• Concurrent positions, either in Adira Finance or 2. The service will not be considered as concurrent
in other companies or institutions. position if:
a. Non-independent members of the Board of
Structure of the Board of Commissioners Commissioners perform the functional duties
Pursuant to the Company’s Articles of Association, of shareholders of financing companies in
the structure of the Company’s Board of the form of legal entities in their business
Commissioners shall consist of at least 3 (three) groups; and/or
members of the Board of Commissioners with the b. Members of the Board of Commissioners hold
following composition: their positions in non-profit organizations or
• 1 (one) President Commissioner; institutions.
• 2 (two) Commissioners or more, provided
that from the members of the Board of Provided that the person concerned does not
Commissioners, 1 (one) person may be neglect the execution of duties and responsibilities
appointed as Vice President Commissioner and as a member of the Board of Commissioners of the
members of the Board of Commissioners may Financing Company.
also serve as Independent Commissioners who
are not affiliated with the majority shareholders, In addition, as a public company, provisions on
members of the Board of Directors, and/or fellow concurrent positions stipulated in OJK Regulation
members of the Board of Commissioners. No. 33/POJK.04/2014 on the Board of Directors
and Board of Commissioners of Issuers or Public
Composition of the Board of Companies shall also apply to members of the
Commissioners Company’s Board of Commissioners, which among
The Company’s current Board of Commissioners others regulate the following:
is established based on the resolution of the 1. Members of the Board of Commissioners may
Annual GMS on March 27, 2024, consisting of 6 (six) concurrently serve as:
members with the following composition of the a. Members of the board of directors at the
Board of Commissioners: maximum of 2 (two) other issuers or public
• 1 (one) President Commissioner and 5 (five) companies; and
Commissioners. b. Members of the board of commissioners
• 4 (four) members of 6 (six) members of the Board at the maximum of 2 (two) other issuers or
of Commissioners residing in Indonesia. public companies.
• 2 (two) members of 6 (six) members of the Board 2. In the event that a member of the Board of
of Commissioners or 33.3% of the total number Commissioners is not concurrently serving as a
of members of the Board of Commissioners are member of the Board of Directors, the member
Independent Commissioners, in accordance of the Board of Commissioners may serve at
with OJK Regulation No. 33/POJK.04/2014 on the the maximum of 4 (four) other issuers or public
Board of Directors and Board of Commissioners companies.
of Issuers or Public Companies and exceeded 3. A member of the Board of Commissioners may
the minimum number of Independent also serve concurrently as a committee member
Commissioners as required in OJK Regulation No. at the maximum of 5 (five) committees of issuers
30/POJK.05/2014 on Good Corporate Governance or public companies, where the related person
for Financing Companies as amended by OJK also serves as a member of the board of directors
Regulation No. 29/POJK.05/2020. or a member of the board of commissioners.
4. In the event that other laws and regulations
governing the provisions on concurrent service
is different from the provisions of this OJK
Regulation, stricter regulations shall apply.
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Based on our data up to the date of issuance of this Annual Report, all members of Adira Finance’s Board of
Commissioners still comply with the provisions on concurrent position as stipulated in OJK Regulation No. 30/
POJK.05/2014, POJK No. 29/POJK.05/2020 and OJK Regulation No. 33/POJK.04/2014.
The composition of members of the Company’s Board of Commissioners who are still in office at the time of
issuance of this 2024 Annual Report is:
Member
Name Domicile Position Ending Year Other Position Outside the Company
Since
Daisuke Ejima Jakarta President 10 October Closing of the President Director of PT Bank
Commissioner 2023 Annual GMS of the Danamon Indonesia Tbk
2026 Fiscal year
Krisna Wijaya Jakarta Independent 18 May 2016 Closing of the 1. President Commissioner/
Commissioner Annual GMS of the Independent Commissioner of PT
2026 Fiscal year Jaminan Kredit Indonesia
2. Infobank Magazine Expert Council
3. President Commissioner/
Independent Commissioner of PT
Brilian Indah Gemilang
4. Member of the Sharia Supervisory
Board of PT Chub Syariah Insurance
Manggi Jakarta Independent 31 August 2021 Closing of the 1. Independent Commissioner of PT
Taruna Habir Commissioner Annual GMS of the ABM-Investama Tbk
2026 Fiscal year 2. Independent Member of Audit
Committee and Risk Monitoring
Committee of PT Bank Jago Tbk
3. aPresident Commissioner of PT
Berdayakan Usaha Indonesia
Eng Heng Singapura Commissioner 5 June 2007 Closing of the 1. Director of Must Be Company
Nee Philip Annual GMS of the Limited
2026 Fiscal year 2. Chairman of TSI Tech Pte. Ltd
(formerly known as Transmex
Systems International Pte. Ltd)
Congsin Thailand Commissioner 28 December Closing of the 1. Head of Krungsri Auto Group
Congcar 2020 Annual GMS of the 2. First Executive Vice President of
2026 Fiscal year Bank of Ayudhya in Krungsri Auto
Hafid Hadeli Jakarta Commissioner 19 December Closing of the Vice President Director PT Bank
2022 Annual GMS of the Danamon Indonesia Tbk
2026 Fiscal year
Information on the work experience and education history of each member of the Board of Commissioners
can be seen in the Corporate Data Section – Profile of Board of Commissioners.
Assignment of the Board of Commissioners
In line with their respective competencies and fields, several members of the Board of Commissioners carry
out their duties as well as concurrently as chairmen and members of the committee under the Board of
Commissioners, with the following details:
Committee Committee Membership by Board of Commissioners
Audit Committeee 1. Manggi Taruna Habir (Chairman)
Risk Monitoring Committeee 1. Krisna Wijaya (Chairman)
2. Manggi Taruna Habir (Member)
Nomination and Remuneration Committeee 1. Manggi Taruna Habir (Chairman)
2. Daisuke Ejima (Member)
3. Eng Heng Nee Philip (Member)
4. Hafid Hadeli (Member)
Corporate Governance Committeee 1. Krisna Wijaya (Chairman)
Independence of the Board of Commissioners
To maintain their independence, each member of Adira Finance’s Board of Commissioners is not allowed
to have family relationships, financial relationships, management relationships, and share ownership
relationships with other members of the Board of Commissioners and members of the Board of Directors of
the Company.
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The following tables show the presence or absence of family, financial, management and ownership
relationship of members of the Board of Commissioners.
Family Relationship:
Family Relationship with:
Controlling
Board of Commissioners Board of Directors
Shareholders
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Manggi Taruna
Eng Heng Nee
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
I Dewa Made
No. Name
Hafid Hadeli
Sigit Hendra
Swandajani
Denny Riza
Harry Latif
Danamon
Mendrofa
Gunawan
Takanori
Congcar
PT Bank
Congsin
Mizuno
Gunadi
Susila
Philip
Habir
Farib
1. Daisuke Ejima - - - - - - - - - - - - - -
2. Krisna Wijaya - - - - - - - - - - - - - -
3. Manggi Taruna - - - - - - - - - - - - - -
Habir
4. Eng Heng Nee - - - - - - - - - - - - - -
Philip
5. Congsin Congcar - - - - - - - - - - - - - -
6. Hafid Hadeli - - - - - - - - - - - - - -
Financial Relationship:
Family Relationship with
Controlling
Board of Commissioners Board of Directors
Shareholders
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Manggi Taruna
Eng Heng Nee
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
I Dewa Made
No. Name
Hafid Hadeli
Sigit Hendra
Swandajani
Denny Riza
Harry Latif
Danamon
Mendrofa
Gunawan
Takanori
Congcar
PT Bank
Congsin
Mizuno
Gunadi
Susila
Philip
Habir
Farib
1. Daisuke Ejima - - - - - - - - - - - - - √
2. Krisna Wijaya - - - - - - - - - - - - - -
3. Manggi Taruna - - - - - - - - - - - - - -
Habir
4. Eng Heng Nee - - - - - - - - - - - - - -
Philip
5. Congsin Congcar - - - - - - - - - - - - - -
6. Hafid Hadeli - - - - - - - - - - - - - √
Note:
Daisuke Ejima and Hafid Hadeli are respectively the President Director and Vice President Director of PT Bank Danamon Indonesia
Tbk
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The following table sets forth the relationship between management and ownership of the members of the
Company’s Board of Commissioners in other financing companies as of the date of issuance of the 2024
Annual Report:
Management and Ownership in Other Financing
Companies
Description As Member of As Member of
Detailed Explanation
the Board of the Board of As Shareholder
Commissioners Directors
Board of Commissioners Yes No Yes No Yes No
Daisuke Ejima - - - All members of the Board of
Commissioners do not have
Krisna Wijaya - - - management and ownership
relationships in other financing
companies
Manggi Taruna Habir - - -
Eng Heng Nee Philip - - -
Congsin Congcar - - -
Hafid Hadeli - - -
Direct and Indirect Share Ownership in the Company, Financing Companies, and Other Companies by the
Board of Commissioners
Share Ownership
Name Family at Adira Finance,
Adira Other Financing
Other Companies Other Financing Companies,
Finance Companies
and Other Companies
Daisuke Ejima - - - -
Krisna Wijaya - - - -
Manggi Taruna Habir - - - -
Eng Heng Nee Philip - - - -
Congsin Congcar - - - -
Hafid Hadeli PT Bank Danamon
Indonesia Tbk
- - -
(534,200 shares ~
0.01%)
Independent Commissioner
As a public company, in accordance with OJK Regulation No. 33/POJK.04/2014 dated 8 December 2014 on the
Board of Commissioners and Board of Directors of Issuers or Public Companies, Adira Finance is required to
have Independent Commissioners with a minimum of 30% of all members of the Board of Commissioners
of the Company. In addition to the above provisions, Independent Commissioners are also governed by OJK
Regulation No. 29/POJK.05/2020 on Good Corporate Governance for Financing Companies, stipulating that a
Financing Company shall have at least 1 (one) Independent Commissioner.
Independent Commissioner of Adira Finance at the time of this Annual Report preparation consists of 2 (two)
persons from a total of 6 (six) members of the Company’s Board of Commissioners or 33.3% of the total members
of the Company’s Board of Commissioners. The term of office of the two Independent Commissioners of Adira
Finance shall be terminated at the Company’s Annual GMS for the 2026 fiscal year. This termination must be
in effect by no later than the end of June 2027.
In addition to fulfilling the requirements as a member of the Board of Commissioners and passing the fit and
proper test conducted by OJK, Independent Commissioners shall also meet the following requirements:
1. Not a person working or having the authority and responsibility to plan, lead, control or supervise the
Company’s activities within the last 6 months, except for re-appointment as an Independent Commissioner
in the following period;
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 251
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2. Not having any share directly or indirectly to the Company;
3. Not having any affiliation with the Company, members of the Company’s Board of Commissioners,
members of the Company’s Board of Directors, or the Company’s main shareholders;
4. Not having direct or indirect business relationships related to the Company’s business activities.
Selection Procedure of Members of Independent Commissioner:
1. The Board of Directors is entitled to propose the names of Independent Commissioners to the Nomination
and Remuneration Committee of the Company. The proposed candidate must meet the required
competence and independence requirements as Independent Commissioner.
2. The Nomination and Remuneration Committee will conduct interviews and examine the requirements
of proposed candidates. After conducting interviews and research on candidate requirements, the
Nomination and Remuneration Committee will submit recommendations on candidates who will be
appointed as Independent Commissioners to the Board of Directors and Board of Commissioners.
3. The Board of Directors and the Board of Commissioners shall propose the appointment of the Independent
Commissioner to the Company’s GMS.
4. Appointment of Independent Commissioner shall be conducted by the GMS.
Prior to appointment as Independent Commissioner, each Independent Commissioner candidate must sign a
statement of independence by referring to OJK Regulation No. 33/POJK.04/2014 on the Board of Directors and
Board of Commissioners of Issuers or Public Companies. This independence statement is annually updated to
ensure that the independence requirements of each Independent Commissioner are still satisfied.
The following is the independence status of Independent Commissioner Members as of the publication date
of the 2024 Annual Report:
No. Name of Independent Commissioner Date of Most Recent Independence Statement Letter
1. Krisna Wijaya March 13, 2024
2. Manggi Taruna Habir March 13, 2024
OJK Independence Criteria Krisna Wijaya Manggi Taruna Habir
Not a person working or having the authority and responsibility to plan, lead,
control or supervise the Company’s activities within the last 6 months, except √ √
for re-appointment as an Independent Commissioner in the following period.
Not having any share directly or indirectly to the Company. √ √
Not having any affiliation with the Company, members of the Board of
Commissioners of the Company, members of the Board of Directors of the √ √
Company, or the main shareholders of the Company.
Not having direct or indirect business relationship related to the Company’s
√ √
business activities.
The status of passing the Fit and Proper Test of Members of the Board of Commissioners
on the issuance date of this 2024 Annual Report is as follows:
Passing Date of Fit
Name Description
and Proper Test
Daisuke Ejima October 10, 2023 The organizer of the fit and proper test is the Financial Services Authority.
Krisna Wijaya April 27, 2016 The organizer of the fit and proper test is the Financial Services Authority.
Manggi Taruna Habir August 31, 2021 The organizer of the fit and proper test is the Financial Services Authority.
Eng Heng Nee Philip February 12, 2015 The organizer of the fit and proper test is the Financial Services Authority.
Congsin Congcar December 28, 2020 The organizer of the fit and proper test is the Financial Services Authority.
Hafid Hadeli December 19, 2022 The organizer of the fit and proper test is the Financial Services Authority.
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Certification of Members of the Board of Commissioners
Pursuant to Article 65 paragraph (3) of OJK Regulation No. 35/POJK.05/2018 on Operation of Business Activities
in Financing Companies, the Board of Commissioners of Financing Companies is required to have a basic level
certification in the field of financing from an agency designated by the association.
The following are the certification data from members of the Board of Commissioners of Adira Finance:
Name Position Certification Date Issuing Institution
Daisuke Ejima President Basic Financing May 26, 2023 PT Sertifikasi Profesi Pembiayaan Indonesia
Commissioner Certification
Krisna Wijaya Independent Basic Financing November 22, 2016 PT Sertifikasi Profesi Pembiayaan Indonesia
Commissioner Certification
Manggi Taruna Independent Basic Financing May 28, 2021 PT Sertifikasi Profesi Pembiayaan Indonesia
Habir Commissioner Certification
Eng Heng Nee Commissioner Basic Financing November 25, 2015 PT Sertifikasi Profesi Pembiayaan Indonesia
Philip Certification
Congsin Congcar Commissioner Basic Financing June 25, 2020 PT Sertifikasi Profesi Pembiayaan Indonesia
Certification
Hafid Hadeli Commissioner Expert Financing November 22, 2016 PT Sertifikasi Profesi Pembiayaan Indonesia
Certification
Based on the above explanation, it can be concluded • 5 (five) members of the Board of Commissioners
that: of the Company have already had basic financing
• All members of the Board of Commissioners certification while 1 (one) member of the Board of
with a total of 6 (six) members have exceeded Commissioners has already had expert financing
the minimum requirements set forth in the certification from the institution appointed by
Company’s Articles of Association. the Indonesia Financial Services Association
• All members of the Board of Commissioners (Asosiasi Perusahaan Pembiayaan Indonesia/
have complied with the requirements of the APPI).
finance company regulations including the
requirements for passing the fit and proper test. Decisions of the Board of Commissioners
• Each member of the Board of Commissioners in 2024
has no family relationship or blood relationship 1. The Decision of the Board of Commissioners
up to the second degree with the members of on the Composition of Nomination and
the Board of Commissioners and/or members of Remuneration Committee of PT Adira Dinamika
the Board of Directors. Multi Finance Tbk dated February 7, 2024.
• The Company’s Independent Commissioners, 2. Decision of the Board of Commissioners on the
namely Krisna Wijaya and Manggi Taruna Implementation of the Annual General Meeting
Habir, do not have family or blood relationship of Shareholders of PT Adira Dinamika Multi
up to the second degree with members of the Finance Tbk dated March 5, 2024.
Board of Commissioners and/or members of 3. The Decision of the Board of Commissioners
the Board of Directors of the Company, do not on the Reappointment of Audit Committee
have financial and management relationship Members of PT Adira Dinamika Multi Finance
with the shareholders, subsequently fulfilling Tbk dated April 2, 2024.
the requirements to become an independent 4. The Decision of the Board of Commissioners
commissioner in the capital market sector (OJK on the Reappointment of Risk Monitoring
Regulation No. 33/POJK.04/2014 on the Board of Committee Members of PT Adira Dinamika Multi
Directors and Board of Commissioners of Issuers Finance Tbk dated April 2, 2024.
or Public Companies.
• Each member of the Board of Commissioners Approvals of the Board of Commissioners in 2024
has no concurrent position either as a member 1. Approval of 2023 Composite Rating for Financial
of the Board of Commissioners, as a member Soundness Level.
of the Board of Directors, or as a shareholder in 2. Approval of changes on the structure of the
other financing companies. Company’s Nomination and Remuneration
• The composition of number of Independent Committee.
Commissioners is 33.3%, which has satisfied the 3. Approval of 2023 Business Plan Realization.
minimum number required in OJK Regulation, 4. Approval of the 2024 Annual General Meeting
which is at least 30% of the total members of the of Shareholders Agenda and Appointment of
Board of Commissioners. Krisna Wijaya as chairman of the meeting.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 253
Page 256
5. Approval of Deloitte’s Appointment as the 3. Explanation on Adira Finance, from vision,
Public Accountant Firm for 2024 fiscal year and mission, philosophy, history of establishment,
Elisabeth Imelda as Public Accountant for 2024 business activities, business performance,
fiscal year. financial and non-financial conditions, long-
6. Approval of Revised Annual Business Plan for the term, medium-term, and short-term strategies,
2024 fiscal year. corporate strengths, as well as opportunities and
7. Technology Risk Management Policy and challenges encountered by the Company.
Information Security 4. The Company’s Organs Structure, duties and
8. Approval of 2024 Guideline of Risk Management responsibilities of each of the Company’s organ,
Implementation. and control system policy.
9. Alignment agreement of IT (Information
Technology) and DCOE (Digital Center of In 2024 there was no member of the Board of
Excelence) organizations Commissioners.
10. Approval of Semester I Year 2024 Business Plan
Realization. Board of Commissioners’ Meeting
11. Approval of the Annual Business Plan for the The Board of Commissioners’ meeting shall be held at
2025 fiscal year. least 1 (one) time in every 2 (two) months and at least
12. Approval of the Sustainable Finance Action Plan 1 (one) time shall be attended by all members of the
for the 2025 fiscal year. Board of Commissioners, unless deemed necessary
by 1 (one) member of the Board of Commissioners,
Recommendations of the Board of or at the written request of 1 (one) person or more
Commissioners in 2024 members of the Board of Directors, or at the request
1. Provide recommendations and inputs on the of 1 (one) shareholder or more jointly own 1/10th of
budget plan and annual plan submitted by the the total number of issued shares with a valid voting
Board of Directors. rights. The Board of Commissioners’ meetings are
2. Provide recommendations and inputs on the only valid and may make binding decisions if more
Company’s Strategy. than 1/2 part of the total number of Commissioners
3. Provide recommendations and inputs on are present or represented at the meeting.
the development of human resources and
information technology of the Company. The decision of the Board of Commissioners’
4. Provide recommendations and inputs to the meeting must be made based on mutual
Audit Committee, Risk Management Committee, consensus. In the event that mutual consensus is
Nomination & Remuneration Committee, and not reached, the decision is taken by voting with
Corporate Governance Committee, to ensure that affirmative vote of more than 1/2 part of the number
the performance and role of these Committees of valid votes cast in the meeting. In the case the
keep increasing from time to time. affirmative votes and the dissenting votes are equal,
then the proposal is considered rejected. Each
Introduction/Orientation Program for New member of the Board of Commissioners present
Members of the Board of Commissioners at the meeting has the right of 1 (one) vote and an
The Company has an introduction/ orientation additional 1 (one) vote for each other member of
program policy for the newly appointed members the Board of Commissioners he or she represents.
of the Board of Commissioners. This program
aims to have the new members of the Board of Any member of the Board of Commissioners
Commissioners understand in depth about Adira who personally in any way has a direct or indirect
Finance. The introduction/ orientation program is interest in a transaction, contract or contract
conducted in the form of presentation, delivery of proposal, where the Company is one of its parties
written materials, visits to the business network, and shall state the nature of its interests in a Board of
direct meetings with the internal parties of Adira Commissioners meeting and shall not be eligible
Finance that will be in contact during their duties to participate in voting on matters relating to
as members of the Board of Commissioners. The such transactions or contracts, unless the Board
introduction/orientation program is implemented of Commissioners meeting determines otherwise.
by the Corporate Secretary.
In general, the introduction/orientation materials
include:
1. General Knowledge of Financing Companies.
2. Good Corporate Governance Principles.
254 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
The Board of Commissioners may also make valid and binding decisions without convening a Board of
Commissioners meeting, subject to the provisions that all members of the Board of Commissioners have
given consent to the proposals submitted in writing and signed the agreement. Decisions taken in such
a manner have the same powers as decisions taken legitimately at Board of Commissioners meetings.
During 2024, the Board of Commissioners has held Board of Commissioners meetings 6 (six) times, with the
Commissioners attendance rate reaching 100%. This level of attendance shows high commitment from all
members of the Board of Company Commissioners and has met the minimum requirements for attendance
at the meeting as set out in OJK Regulation Number 30/POJK.05/2014 About Good Corporate Governance
for Financing Companies, of which the minimum number of attendance at meetings is 75% a year.
The attendance list for the 2024 Board of Commissioners meeting is as follows::
Date
Name
Feb 7 Mar 26 Jun 5 Aug 7 Sep 26 Dec 3
Daisuke Ejima √ √ √ √ √ √
Krisna Wijaya √ √ √ √ √ √
Manggi Taruna Habir √ √ √ √ √ √
Eng Heng Nee Philip √ √ √ √ √ √
Congsin Congcar √ √ √ √ √ √
Hafid Hadeli √ √ √ √ √ √
A brief report of the 2024 Board of Commissioners meeting is as follows:
No. Date Meeting Agenda
1. February 7, 2024 · Report from Audit Committee
· Report from Risk Monitoring Committee
· Changes in the Composition of Nomination and Remuneration Committee
2. March 26, 2024 · Report from Audit Committee
· Update on Mandala Finance
3. June 5, 2024 · Report from Audit Committee
· Report from Risk Monitoring Committee
5. August 7, 2024 · Report from Audit Committee
· Report from Risk Monitoring Committee
· Report from Corporate Governance Committee
6. September 26, 2024 · Report from Audit Committee
· Report from Joint Meeting of Audit Committee and Risk Monitoring Committee
· Update on HCI
7. December 3, 2024 · Report from Audit Committee
· Report from Risk Monitoring Committee
The attendance of the Board of Commissioners at the Board of Commissioners meeting during 2024 is as
follows:
Name Number of Meetings Attendance % of Attendance Reason for Absence
Daisuke Ejima 6 6 100 -
Krisna Wijaya 6 6 100 -
Manggi Taruna Habir 6 6 100 -
Eng Heng Nee Philip 6 6 100 -
Congsin Congcar 6 6 100 -
Hafid Hadeli 6 6 100 -
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 255
Page 258
Joint Meeting of the Board of Commissioners and the Board of Directors
The Board of Commissioners and the Board of Directors in accordance with their respective duties and
responsibilities have the same obligation, namely maintaining the sustainability of the Company’s business.
The successful implementation of these obligations can be seen from:
1. The maintenance of the Company’s performance is reflected in the financial statements audited by the
Public Accountant Office and made public.
2. The control system is running well and the Company’s risk management can also be managed well.
3. The principles of Good Corporate Governance have been implemented by all units of the Company in a
good and consistent manner.
4. The Company’s business performance can also be enjoyed by shareholders in the form of dividend
distribution by the Company.
5. The interests of all stakeholders can be maintained in a balanced and reasonable manner.
To ensure the sustainability of the Company’s business, the Board of Commissioners and the Board of Directors
regularly hold joint meetings/joint meetings to discuss the Company’s performance and discuss issues that
arise or are expected to arise in order to find the best solution together.
Throughout 2024, the Board of Commissioners and the Board of Directors has held 6 (six) joint
meetings, with the attendance rate of Board of Commissioners and Directors reaching 100%. This high
attendance rate shows high commitment from all Board of Commissioners and Company Directors.
The list of attendance at the joint meeting of the Board of Commissioners and Directors throughout 2024 is
as follows:
Date
Name
Feb 7 Mar 26 Jun 5 Aug 7 Sep 26 Dec 3
Daisuke Ejima √ √ √ √ √ √
Krisna Wijaya √ √ √ √ √ √
Manggi Taruna Habir √ √ √ √ √ √
Eng Heng Nee Philip √ √ √ √ √ √
Congsin Congcar √ √ √ √ √ √
Hafid Hadeli √ √ √ √ √ √
I Dewa Made Susila √ √ √ √ √ √
Swandajani Gunadi √ √ √ √ √ √
Niko Kurniawan Bonggowarsito √ √ √ √ √ √
Harry Latif √ √ √ √ √ √
Jin Yoshida*) √ √ √ √ √ √
Denny Riza Farib √ √ √ √ √ √
Sigit Hendra Gunawan**) √ √ √
Sylvanus Gani K. Mendrofa**) √ √ √
Takanori Mizuno**) √ √ √
Note:
*) Resigned from his position as Director of the Company at the Annual General Meeting of Shareholders on March 27, 2024.
**) Appointed as Director of the Company at the Annual General Meeting of Shareholders on March 27, 2024 and effective on July 3, 2024 after passing the fit and proper test from
the Financial Services Authority
256 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
The attendance of members of the Board of Commissioners and Directors at the Joint Meeting during 2024
is as follows:
Number of Reason for
Name Attendance % of Attendance
Meetings Absence
Daisuke Ejima 6 6 100 -
Krisna Wijaya 6 6 100 -
Manggi Taruna Habir 6 6 100 -
Eng Heng Nee Philip 6 6 100 -
Congsin Congcar 6 6 100 -
Hafid Hadeli 6 5 100 -
I Dewa Made Susila 6 6 100 -
Swandajani Gunadi 6 6 100 -
Niko Kurniawan Bonggowarsito 6 6 100 -
Harry Latif 6 6 100 -
Jin Yoshida*) 2 2 100 -
Denny Riza Farib 6 6 100 -
Sigit Hendra Gunawan**) 3 3 100 -
Sylvanus Gani K. Mendrofa**) 3 3 100 -
Takanori Mizuno**) 3 3 100 -
Note:
*) Resigned from his position as Director of the Company at the Annual General Meeting of Shareholders on March 27, 2024.
**) Appointed as Director of the Company at the Annual General Meeting of Shareholders on March 27, 2024 and effective on July 3, 2024 after passing the fit and proper test from the
Financial Services Authority.
The attendance of members of the Board of Commissioners and Directors at the Joint Meeting during 2024
is as follows:
No. Date Meeting Agenda
1. February 7, 2024 · FY23 Business & Financial Results
· 1Q24 Plan & Key Initiatives
· Other Update on Business/Operation
2. March 26, 2024 · 1Q24 Market Update and Challenges
· What We Undertake Tactical Initiatives
· Business Results in 2M24
3. June 5, 2024 · External & Internal Challenges in 1H24
· Business Results in 4M24
· Other Update on Business & Operation
4. August 7, 2024 · 1H24 Business Results
· BPR Collection
· Human Capital
5. September 26, 2024 · 8M24 Business Results
· Assets Quality & CoC Outlook
· Update on Heavy Equipment/Fleet
· Update on Digital Business
6. December 3, 2024 · 10M24 Business & Financial Results
· Business Plan 2025-2027 including Sustainability Finance Plan
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 257
Page 260
BOARD OF DIRECTORS sign the annual report, the reason must be given
in writing;
The Board of Directors is the internal organ of the 8. Submitting the Company's financial statements
Company that is authorized and fully responsible for to a public accountant appointed by the GMS
the management of the company for the interests for inspection. The report or audit results of the
of the company, according to the company's intent public accountant are submitted in writing to
and purpose as well as representing the company, the Annual GMS through the Board of Directors;
either inside or outside the court in accordance with 9. Opening branch office and/or representative
the provisions of the articles of associations. office at the domicile of the Company and in
other places, within and/or outside the territory
Duties and Responsibilities of the Board of of the Republic of Indonesia;
Directors 10. Holding and maintaining the Register of
Main duties of the Board of Directors: Shareholders and the Special Register of
1. In accordance with the provisions of Article the Company's domicile, or appointing and
92 Paragraph 1 of Law Number 40 of 2007 authorizing the Securities Administration
concerning Limited Companies, the Board Bureau for the share’s registration in the Register
of Directors is responsible to carry out the of Shareholders and the Special Register;
Company's management for the interest of the 11. Holding GMS according to the provisions of the
Company and according to the purpose and articles of association as well as the applicable
objectives of the Company. laws and regulations;
2. In accordance with the provisions of Article 12. Carrying out every GMS resolution.
12 Paragraph 1 of OJK Regulation Number 33/
POJK.04/2014 concerning Directors and Board of Authorities of the Board of Directors
Commissioners of Issuers or Public Companies, The Board of Directors has the following authorities:
The Board of Directors is responsible for the 1. The Board of Directors represents the Company
management of issuers or public corporations inside and outside the court on all matters and in
for the benefit of issuers or public corporations all events;
in accordance with the intent and purpose of 2. Binding the Company with other parties and
the issuer or public corporation specified in the other parties with the Company;
articles of association. 3. Carrying out all actions, both regarding
management and ownership, but with the
In performing its main duties, the Board of Directors following restrictions and conditions:
shall have the following duties: a. making leasing, factoring, or consumer
1. Compiling and evaluating the vision, mission, financing transactions with other parties, or
and values of the Company to be submitted to providing loan facilities or financing facilities
the Board of Commissioners for approval; that resemble or result in lending money to
2. Developing long-term, medium-term, and short- other parties, which exceeds the amount
term strategies to be approved by the Board of determined from time to time by the Board
Commissioners; of Commissioners; or
3. Submitting a work plan that also includes the b. binding the Company as guarantor or debt
Company's annual budget to the Board of guarantor (borgtocht), or in other ways being
Commissioners for approval by the Board of responsible for the payment obligations of
Commissioners, prior to the Company's financial other parties; or
year begins; c. establishing a new company, making or
4. Managing and maintaining the Company's increasing equity participation (unless for
assets to provide the maximum possible benefits additional capital participation in connection
for the Company; with the issuance of share dividends or bonus
5. Implementing the principles of Good Corporate shares or in connection with efforts to save
Governance; credit), or reducing equity participation in
6. Implementing an effective internal control other companies, without prejudice to the
system to ensure the preservation of the approval of the competent authority; or
Company's assets and resources; d. borrowing money from other parties or
7. Preparing an annual report based on the receiving credit facilities or other banking
statutory provisions signed by the entire facilities that cause the Company to be
members of the Board of Directors and Board of indebted to the other parties in excess of the
Commissioners to be submitted to the Annual amount determined from time to time by the
GMS as the accountability for the shareholders. Board of Commissioners; or
In the event that a member of the Board of
Directors or Board of Commissioners does not
258 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
e. writing off or removing the Company's iv. Appointment, Resignation, and Dismissal;
receivables from the books in excess of the v. Term of Office;
amount determined from time to time by the vi. Independence;
Board of Commissioners; or vii. Duties and Responsibilities;
f. transferring or releasing the Company right viii. Authorities;
to collect the Company's receivables that ix. Concurrent Positions of Members of the Board of
have been written off, exceeding the amount Directors;
determined from time to time by the Board x. Orientation for New Members of the Board of
of Commissioners; or Directors;
g. selling or transferring or releasing rights, xi. Transparency;
or pledging/guaranteeing the Company's xii. Work Ethics;
assets, either in one transaction or in several xiii. Meetings;
transactions that are independent or related xiv. Reporting and Accountability;
to one another, in an amount exceeding the xv. Training;
amount determined from time to time by the
Board of Commissioners. The Charter of the Board of Direstors has also been
uploaded to the Company’s official website at www.
The Board of Directors is required to obtain prior adira.co.id.
written approval or related documents signed by
the Board of Commissioners; the approval can Appointment, Dismissal, and Resignation
be given to take one action or more than one of Members of the Board of Directors
action and can be reviewed from time to time,
everything without prejudice to the laws and Appointment of the Member of the Board of
regulations; Directors:
4. Transferring the Company's assets or providing Regarding the appointment of members of the
collateral for the Company's debt assets, which Board of Directors, among others, is contained in
constitute more than 50% (fifty percent) of the the provisions of Article 94 of Law No. 40 of 2007
Company's net assets listed in the Company's concerning Limited Liability Companies, Article 3
most recent financial statements audited by a Paragraph 1 of OJK Regulation No. 33/ POJK.04/2014
public accountant in 1 (one) transaction or more concerning Board of Directors and Board of
related to one another or not related to one Commissioners of Issuers or Public Companies
another, must obtain approval from the General and the Articles of Association of Adira Finance
Meeting of Shareholders. stipulates that the appointment and dismissal of
members of the Board of Directors is carried out
Board Charter of the Board of Directors through the GMS.
In performing its duties and responsibilities, the
Board of Directors of Adira Finance is guided by: Dismissal of the Member of the Board of
a. Law No. 40 of 2007 on Limited Liability Directors:
Companies; Regarding the temporary dismissal of the Board of
b. OJK Regulation No. 33/POJK.04/2014 on the Directors members, it is regulated in the provisions
Board of Directors and Board of Commissioners of Article 105 Paragraph 9 of Law No. 40 of 2007
of Issuers or Public Companies; concerning Limited Liability Companies, Article 10
c. OJK Regulation No. 30/POJK.05/2014 on Good of OJK Regulation No. 33/POJK.04/2014 concerning
Corporate Governance for Financing Companies Board of Directors and Board of Commissioners of
as amended by OJK Regulation No. 29/ Issuers or Public Companies, and Adira's Articles of
POJK.05/2020; Association Finance in general stipulate that the
d. Articles of Association of the Company; Board of Directors members can be dismissed at
e. Charter of the Board of Directors dated May 3, any time based on GMS resolution by stating the
2021. reasons or at the end of their term of office and not
reappointed by the GMS.
Charter of the Board of Directors of Adira Finance
regulates, among others: Temporary Dismissal of the Member of the Board
i. Legal Basis; of Directors:
ii. Organization; Regarding temporary dismissal of the Board of
iii. Requirements of Members of the Board of Directors members, it is stipulated in the provisions
Directors; of Article 106 Paragraph 9 of Law No. 40 of 2007
concerning Limited Liability Companies, Article 10
of OJK Regulation No. 33/POJK.04/2014 concerning
Directors and Board of Commissioners of Issuers or
Public Companies, and Adira's Articles of Association
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 259
Page 262
Finance that in general regulate the following: legal acts, except within 5 (five) years before their
1. The members of the Board of Directors may appointment have:
be temporarily dismissed by the Board of a. declared bankrupt;
Commissioners by stating the reasons; b. being a member of the Board of Directors or
2. Temporary dismissal must be notified in writing Board of Commissioners who is found guilty of
to the concerned Board of Directors member. causing a company to be declared bankrupt; or
3. The Board of Directors Members who are c. punished for committing criminal acts that are
temporarily dismissed are not authorized to detrimental to the state's finances and/or related
carry out their duties; to the financial sector.
4. Within a period of 30 days (according to Law
No. 40 of 2007 concerning Limited Liability Article 11 of OJK Regulation Number 30/POJK.05/2014
Companies) or 90 days (according to OJK concerning Good Corporate Governance for Finance
Regulation No. 33/POJK.04/2014 concerning Companies regulates the criteria for members of the
Board of Directors and Board of Commissioners Board of Directors of Finance Companies as follows:
of Issuers or Public Companies) after the date of a. Able to act in good faith, honestly and
temporary dismissal, it is required to hold GMS professionally;
to revoke or strengthen the temporary dismissal b. Able to act in the interests of the Company and/
decision; or stakeholders;
5. In the GMS, the concerned Board of Directors c. Prioritize the interests of the Company and/or
member is given the opportunity to defend other stakeholders over personal interests;
himself; d. Able to make decisions based on independent
6. In the event that the GMS upholds the temporary and objective judgment for the benefit of the
dismissal decision, the concerned Board of Company and debtors, creditors and/or other
Directors member is permanently dismissed; stakeholders; and
7. With the end of the time period for holding GMS e. Able to avoid abuse of authority to obtain
or the GMS being unable to make resolutions, improper personal benefits or cause losses to
the temporary dismissal is cancelled. the Company.
Resignation of the Member of the Board of Members of the Company's Board of Directors are
Directors: required to meet all requirements for fit and proper,
The resignation of the Board of Directors Members in accordance with OJK Regulation Number 27/
is stipulated in the provisions of Article 107 letter b POJK.03/2016 dated July 22, 2016 concerning Fit
of Law No. 40 of 2007 concerning Limited Liability and Proper Assessment for Main Parties of Financial
Companies, Article 8 of OJK Regulation No. 33/ Services Institutions, OJK Regulation Number 4/
POJK.04/2014 concerning the Board of Directors POJK.05/2013 dated December 23, 2013 concerning
and Board of Commissioners of Issuers or Public Assessment of Fit and Proper for Main Parties in
Companies, and Adira Finance's Articles of Insurance Companies, Pension Funds, Finance
Association, which in general regulate the following: Companies and Finance Companies, OJK Circular
1. The Board of Directors Members may resign Letter Number 31/SEOJK.05/2016 dated August
from their position before their term ends; 30, 2016 concerning Assessment of Fit and Proper
2. In the event that a member of the Board of for Main Parties of Non-Bank Financial Services
Directors resigns, the concerned Board of Institutions and Article 10 of OJK Regulation Number
Directors member is required to submit a 30/POJK.05/2014 concerning Good Corporate
resignation request to the Company; Governance for Finance Companies.
3. The Company is required to hold GMS to decide
on the resignation request for members of the The requirements of fit and proper that must be met
Board of Directors no later than 90 (ninety) days by a member of the Board of Directors of a Finance
after receipt of the resignation request. Company are as follows:
1. Integrity Factors which include:
Requirements of the Board of Directors a. capable of performing legal acts;
The requirements as a member of the Board of b. have good morals and morals, at least shown
Directors of Adira Finance are regulated in the by complying with applicable regulations,
Constitution, OJK Regulations and the Company's including never being convicted for being
Articles of Association. proven to have committed a criminal act
within a certain period of time before being
Article 93 Paragraph 1 of the Limited Liability nominated, including:
Company Law states that those who can be (1) criminal offenses in the financial
appointed as members of the Board of Directors services sector whose crimes have been
are individuals who are capable of performing completed within the last 20 years before
being nominated;
260 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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and Analysis Responsibility
(2) criminal offenses, namely criminal acts Article 4 of OJK Regulation Number 33/POJK.04/2014
listed in the Criminal Code (KUHP) and/ concerning the Board of Directors and Board of
or similar ones abroad with the threat of Commissioners of Issuers or Public Companies
imprisonment for 1 year or more whose regulates the requirements for members of the
sentence has been completed within the Board of Directors as follows:
last 10 years before being nominated; and/ a. Have good morals, morals and integrity;
or b. Capable of performing legal acts;
(3) other criminal acts with the threat of c. In the 5 (five) years prior to the appointment and
imprisonment for 1 (one) year or more, during the term of office:
including corruption, money laundering, i. Never declared bankrupt;
narcotics/psychotropics, smuggling, ii. Never been a member of the Board of
customs, excise, human trafficking, Directors and/or a member of the Board
illicit arms trafficking, terrorism, money of Commissioners who was found guilty of
counterfeiting, in the field of taxation, causing a company to be declared bankrupt;
in the field of forestry, in the field of iii. Never been convicted of committing a
environment, and in the field of marine criminal act that is detrimental to the state
and fisheries, whose crimes have been finances and/or related to the financial sector;
completed within the last 20 (twenty) iv. Never been a member of the Board of
years before being nominated; Directors and/or a member of the Board of
c. have a commitment to comply with laws and Commissioners who:
regulations and support OJK policies; 1. Never held an annual GMS;
d. have a commitment to the development 2. Accountability as a member of the
of healthy Non-Bank Financial Services Board of Directors and/or a member of
Institutions; the Board of Commissioners has never
e. are not included as parties that are prohibited been accepted by the GMS or has not
from becoming candidates for the Main given accountability as a member of the
Party. Board of Directors and/or the Board of
2. Financial Reputation Factors which include: Commissioners to the GMS; and
a. Do not have bad credit and/or bad financing; 3. It has caused companies that have
and obtained permits, approvals or
b. Never declared bankrupt and/or never a registrations from the OJK not to fulfill
shareholder, controller of an insurance the obligation to submit annual reports
company that is not a shareholder, member and/or financial statements to the OJK.
of the board of directors, acting manager, or d. Have a commitment to comply with laws and
member of the board of commissioners who regulations; and
is found guilty of causing a company to be e. Have knowledge and/or expertise in the field
declared bankrupt in the last 5 (five) years needed by the Issuer or Public Company.
before being nominated.
3. Competency Factors which include: Based on the data owned by the Company, as of the
a. Knowledge and strategic management skills date of issuance of this Annual Report, all members
undertaken to ensure that members of the of the Board of Directors of Adira Finance have and
board of commissioners: still meet the requirements or criteria specified
(1) have adequate knowledge and relevant to in the UUPT, OJK Regulations, Indonesia Stock
their position; Exchange Regulations and the Company's Articles
(2) have an understanding of laws and of Association.
regulations;
(3) have the ability to carry out strategic Reporting Obligation of the Board of
management in the context of healthy Directors
business development Members of the Board of Directors shall report
b. Experience in the field of Non-Bank Financial to the Company periodically or when there was a
Services Institutions and/or other fields change in:
relevant to their position; and • Their shareholdings and their family of 5%
c. Expertise in the field of Non-Bank Financial or more, either in Adira Finance or in other
Services Institutions and/or other fields companies domiciled in Indonesia or overseas.
relevant to their position.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 261
Page 264
• Concurrent positions, either in Adira Finance or members of the Board of Directors of Finance
in other companies or institutions. Companies are prohibited from holding concurrent
positions except as members of the Board of
Structure of the Board of Directors Commissioners at most 3 (three) other finance
Pursuant to the Company’s Articles of Association, companies. It does not include concurrent positions
the structure of the Company’s Board of Directors if a member of the Board of Directors is responsible
shall consist of at least 3 (three) members of the for supervising the participation in a subsidiary that
Board of Directors with the following composition: has a business in the field of financing, carrying
• 1 (one) President Director; out functional duties as a member of the Board
• 2 (two) Directors or more, provided that from of Commissioners in a subsidiary controlled by
among the Board of Directors members, 1 (one) the Company, as long as the position does not
person may be appointed as Vice President result in the person concerned neglecting the
Director. implementation of duties and authorities as a
member of the Company's Board of Directors.
Composition of the Board of Directors
The Company's current Board of Directors is In accordance with the provisions of Article 6 of OJK
established based on the resolution of the Annual Regulation Number 33/POJK.04/2014 concerning
GMS on March 27, 2024, consisting of 8 (eight) the Board of Directors and Board of Commissioners
members with the following composition of the of Issuers or Public Companies, the provisions for
Board of Directors: the concurrent positions of members of the Board
· 1 (one) President Director, and 7 (seven) Directors. of Directors are regulated as follows:
· All members of the Board of Directors reside in 1. Members of the board of directors may
Indonesia. concurrently hold positions as:
· Most members of the Board have more than five a. Board of directors members at most 1 (one)
years of experience in finance or banking. issuer or other public company;
· There are 1 (one) female member of the Board, so b. Members of the board of commissioners
gender representation is represented. at most 3 (three) issuers or other public
companies; and/or
Concurrent Positions of Members of the c. The maximum number of committee
Board of Directors members is 5 (five) committees in issuers
Regarding the concurrent positions of members or public companies where the person
of the Board of Directors of Adira Finance, among concerned also serves as a member of the
others, it is regulated in OJK Regulation Number board of directors or a member of the board
30/POJK.05/2014 concerning Good Corporate of commissioners.
Governance for Finance Companies and OJK 2. Dual positions can only be carried out as long
Regulation Number 33/POJK.04/2014 concerning as they do not conflict with other laws and
the Board of Directors and Board of Commissioners regulations.
of Issuers or Public Companies. 3. In the event that there are other laws and
regulations that regulate provisions regarding
In accordance with the provisions of Article 9 of OJK concurrent positions that are different from
Regulation No. 30/POJK.05/2014 concerning Good the provisions of this OJK Regulation, stricter
Corporate Governance for Finance Companies, provisions apply.
The composition of members of the Company’s Board of Directors who are still in office at the time of issuance
of this 2024 Annual Report is:
Other Position Outside
Name Domicile Position Member Since Ending Year
the Company
I Dewa Made Jakarta President July 1, 2022 Closing of the Annual GMS Commissioner of PT Home
Susila Director of the 2026 Fiscal year Credit Indonesia
Swandajani Jakarta Director May 17, 2013 Closing of the Annual GMS -
Gunadi of the 2026 Fiscal year
Niko Kurniawan Jakarta Director June 5, 2018 Closing of the Annual GMS President Commissioner of
Bonggowarsito of the 2026 Fiscal year PT Mandala Multiifinance
Tbk
Harry Latif Jakarta Director August 25, 2020 Closing of the Annual GMS -
of the 2026 Fiscal year
Denny Riza Bekasi Director October 10, Closing of the Annual GMS -
Farib 2023 of the 2026 Fiscal year
262 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 265
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Other Position Outside
Name Domicile Position Member Since Ending Year
the Company
Sigit Hendra Tangerang Director July 3, 2024 Closing of the Annual GMS -
Gunawan of the 2026 Fiscal year
Sylvanus Jakarta Director July 3, 2024 Closing of the Annual GMS -
Gani Kukuh of the 2026 Fiscal year
Mendrofa
Takanori Jakarta Director July 3, 2024 Closing of the Annual GMS Commissioner of PT
Mizuno of the 2026 Fiscal year Mandala Multiifinance Tbk
Information on the work experience and education history of each member of the Board of Directors can be
seen in the Corporate Data Section – Profile of Board of Directors.
Scope of Work and Responsibilities of Each • Evaluation and development of resource
Members of the Board of Directors management strategies in accordance with
1. I Dewa Made Susila – President Director organizational development and business
• Develop a strategic plan to achieve the needs.
Company’s vision, mission and objectives to • Responsible for organizational and human
increase the Company’s revenue, profitability resource development in the Directorate of
and growth. Human Resources & Corporate Real Estate
• Evaluate and monitor the Company’s Management.
performance periodically to ensure the • Responsible for the formulation of the
progress and achievement of the Company’s Company’ s policies and strategies related
targets. to marketing, brand & communication and
• Evaluate and monitor the Company’s Business Analytics.
operations to ensure the efficiency and • Oversee the Company’ s operations related
effectiveness of quality, services, products, to marketing strategy, brand management &
and resource management. communication and business analytics.
• Approve the Company’s important • Develop customer-focused products and
operational policies in accordance with marketing programs in accordance with
applicable regulations. market potential and business needs.
• ensuring compliance with regulatory policies • Monitor and evaluate the effectiveness of the
to achieve Good Corporate Governance. implementation of product development and
marketing programs for the short, medium
2. Swandajani Gunadi – Director of Human Capital and long term.
and Marketing • Responsible for setting and managing
• Responsible for the formulation of the budgets related to marketing strategy, brand
Company’ s policies and strategies related management & communication.
to human resource management, business • Responsible for organizational development
network and corporate culture. and HR in the Marketing Directorate.
• Supervise the Company’s operations related
to the management of human resources and 3. Niko Kurniawan Bonggowarsito – Director of
business networks to ensure the achievement Sales, Service and Distribution
of efficiency and effectiveness in accordance • Lead and direct the formulation of sales,
with the Company’s objectives. service and distribution policies and
• Responsible for the development of the strategies to increase sales growth through
Company’ s organization and its completeness business networks to achieve the Company’s
in accordance with business needs. targets and objectives.
• Monitor compliance and implementation • Responsible for the implementation of
of inherent supervision related to human policies and improvements related to the
resources and the company’s business sale, service and distribution of automotive
network in accordance with regulatory and non-automotive financing.
policies . • Evaluate policies and strategies and provide
improvement solutions so that sales, service
and distribution targets can run well and
achieve the targets that have been set.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 263
Page 266
• Ensure that the Directorate of Sales, Service & • Ensure that all work units in the Directorate
Distribution operates in accordance with the of Billing and related Laws carry out the
regulations and policies of the Company or work process in accordance with company
Regulators. regulations.
• Responsible for organizational development • Responsible for the organizational
and human resources in the Directorate of development and human resources of the
Sales, Service & Distribution. Directorate of Billing and Legal.
4. Harry Latif – Director of Business an Portfolio 6. Sigit Hendra Gunawan – Director of Risk
• Lead and direct the formulation of Portfolio Management
policies and strategies to increase growth • Lead and direct the formulation of policies
through increased collaboration with and strategies related to risk management
multi-channel, business ecosystem and to minimize business risks to achieve the
increase capacity to achieve targets and the Company’s targets and objectives.
Company’s objectives. • Responsible for the implementation of
• Responsible for the implementation of policies and improvements to improve the
policies and improvements to increase Company’s risk management governance
the market share of automotive and non- in accordance with the Company’s and
automotive financing (Market Leader). Regulator’s policies.
• Evaluate the implementation of policies • Evaluate policies and strategies and provide
and strategies and provide improvement improvement solutions both in terms
solutions needed to improve the business. of policies and processes related to risk
• Ensure that the Directorate of Sales Portfolio management.
operates in accordance with the company’ s • Ensure that all work units in the Directorate of
and regulator’s regulations and policies . Risk Management carry out work processes in
• Responsible for organizational development accordance with the Company’s Regulations.
and human resources in the Sales Portfolio • Responsible for organizational and human
Directorate . resource development in the Directorate of
Risk Management.
5. Denny Riza Farib – Director of Collection and
Legal 7. Sylvanus Gani Kukuh Mendrofa – Finance
• Lead and direct the formulation of policies Director
and strategies related to Collection, Loan • Lead and direct policies and strategies in the
Recovery and Loan Asset Recovery by financial sector.
prioritizing the principle of prudence in • Lead and direct the preparation of business
the acquisition process and improving the strategies, short-term, medium-term and
quality of asset management financing. long-term financial goals and targets to be in
• Lead and direct the formulation of policies line with the Company’s policies.
and strategies related to legal functions in • Lead and direct the Company’s bookkeeping
accordance with legal feasibility. and financial reporting activities to have a
• Responsible for the implementation of financial system with appropriate supervision,
policies and improvements to improve the policies and procedures to be able to produce
results of the implementation of processes complete, consistent, reliable and timely
and supporting tools under the coordination financial information.
of the Directorate in accordance with • Lead and direct activities to explore the most
company policies and regulators. profitable sources of funding to support the
Company’s business.
264 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 267
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
• Lead and direct all activities related to • Supporting ADMF’s business transformation
Corporate Secretary & Investor Relations in and optimizing MUFG Global’s resources.
accordance with the policy of the Regulator • Provide periodic updates to the Company’s
for the financing industry. management related to the latest policies or
• Responsible for the organizational regulations of MUFG Global that have a direct
development and human resources of the or indirect impact on the Company.
Directorate of Finance team. • Develop the organization and human
resources in the Directorate of Strategy
8. Takanori Mizuno – Director of Business Strategy and Business Alliances, in order to be able
and Alliances to accommodate the Company’s business
• Responsible for ensuring and providing needs.
strategic direction for business and non-
business collaboration activities (human Independence of the Board of Directors
resources, technology and culture) between To maintain their independence, each member of
Adira Finance-Danamon-MUFG global and Adira Finance’s Board of Directors is not allowed
the Company’s business ecosystem. to have family relationships, financial relationships,
• Leading the development of business management relationships, and share ownership
collaboration between Adira Finance- relationships with members of the Board of
Danamon-MUFG Global and the ecosystem in Commissioners and other members of the Board of
supporting the Company’s business growth. Directors of the Company.
• Starting joint cooperation with a group
of companies related to the Company’ s The following tables show the presence or absence
business to support business growth. of family, financial, management and ownership
relationship of members of the Board of Directors.
Family Relationship:
Family Relationship with
Controlling
Board of Commissioners Board of Directors
Shareholders
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Manggi Taruna
Eng Heng Nee
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
I Dewa Made
No. Name
Hafid Hadeli
Sigit Hendra
Swandajani
Denny Riza
Harry Latif
Danamon
Mendrofa
Gunawan
Takanori
Congcar
PT Bank
Congsin
Mizuno
Gunadi
Susila
Philip
Habir
Farib
1. I Dewa Made - - - - - - - - - - - - - -
Susila
2. Swandajani - - - - - - - - - - - - - -
Gunadi
3. Niko Kurniawan - - - - - - - - - - - - - -
Bonggowarsito
4. Harry Latif - - - - - - - - - - - - - -
5. Denny Riza Farib - - - - - - - - - - - - - -
6. Sigit Hendra - - - - - - - - - - - -
Gunawan
7. Syvanus Gani K. - - - - - - - - - - - - - -
Mendrofa
8. Takanori Mizuno - - - - - - - - - - - - - -
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 265
Page 268
Financial Relationship
Financial Relationship with
Controlling
Board of Commissioners Board of Directors
Shareholders
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Manggi Taruna
Eng Heng Nee
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
I Dewa Made
No. Name
Hafid Hadeli
Sigit Hendra
Swandajani
Denny Riza
Harry Latif
Danamon
Mendrofa
Gunawan
Takanori
Congcar
PT Bank
Congsin
Mizuno
Gunadi
Susila
Philip
Habir
Farib
1. I Dewa Made
- - - - - - - - - - - - - -
Susila
2. Swandajani
- - - - - - - - - - - - - -
Gunadi
3. Niko Kurniawan
- - - - - - - - - - - - - -
Bonggowarsito
4. Harry Latif
- - - - - - - - - - - - - -
5. Denny Riza Farib
- - - - - - - - - - - - - -
6. Sigit Hendra
- - - - - - - - - - - -
Gunawan - -
7. Syvanus Gani K.
- - - - - - - - - - -
Mendrofa - -
8. Takanori Mizuno
-
- - - - - - - - - - - - -
The following table sets forth the relationship between management and ownership of the members of the
Company’s Board of Directors in other financing companies as of the date of issuance of the 2024 Annual
Report:
Management and Ownership in Other Financing
Companies
Description As Member of As Member of
Detailed Explanation
the Board of the Board of As Shareholder
Commissioners Directors
Board of Directors Yes No Yes No Yes No
I Dewa Made Susila - - - I Dewa Made Susila is a
Commissioner and shareholder at
Swandajani Gunadi - - - PT Home Credit Indonesia, while
Niko Kurniawan Bonggowarsito and
Takanori Mizuno are respectively
Niko Kurniawan Bonggowarsito - - -
the President Commissioners and
Commissioners at PT Mandala
Harry Latif - - - Multifinance Tbk.
Denny Riza Farib - - -
Sigit Hendra Ginawan - - -
Sylvanus Gani Kukuh Mendrofa - - -
Takanori Mizuno - - -
266 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Direct and Indirect Share Ownership in the Company, Financing Companies, and Other
Companies by the Board of Directors
Share Ownership
Name Family at Adira Finance,
Adira Other Financing
Other Companies Other Financing Companies,
Finance Companies
and Other Companies
I Dewa Made Susila - PT Home Credit - -
Indonesia (90 series
C shares and 90
series D shares ~
15% of the nominal
value of the shares)
Swandajani Gunadi - - - -
Niko Kurniawan - - - -
Bonggowarsito
Harry Latif - - - -
Denny Riza Farib - - - -
Sigit Hendra Ginawan - - -
Sylvanus Gani Kukuh
Mendrofa
Takanori Mizuno
The status of passing the Fit and Proper Test of Members of the Board of Directors on the
issuance date of this 2024 Annual Report is as follows:
Name Passing Date of Fit and Proper Test Description
I Dewa Made Susila July 1, 2022 The organizer of the fit and proper test is
the Financial Services Authority.
Swandajani Gunandi March 13, 2013
Niko Kurniawan Bonggowarsito June 5, 2018
Harry Latif August 25, 2020
Denny Riza Farib October 10, 2023
Sigit Hendra Gunawan July 3, 2024
Sylvanus Gani K. Mendrofa July 3, 2024
Takanori Mizuno July 3, 2024
Certification of Members of the Board of Directors
Pursuant to Article 65 paragraph (2) of OJK Regulation No. 35/POJK.05/2018 on Operation of Business Activities
in Financing Companies, the Board of Directors of Financing Companies is required to have a basic level
certification in the field of financing from an agency designated by the association.
The following are the certification data from members of the Board of Directors of Adira Finance:
Name Position Certification Date Issuing Institution
I Dewa Made President Director Expert Financing November 22, 2016 Lembaga Sertifikasi Profesi
Susila Certification Pembiayaan Indonesia
Swandajani Director Expert Financing March 2, 2017 Lembaga Sertifikasi Profesi
Gunadi Certification Pembiayaan Indonesia
Niko Kurniawan Director Expert Financing August 2, 2018 Lembaga Sertifikasi Profesi
Bonggowarsito Certification Pembiayaan Indonesia
Harry Latif Director Expert Financing October 24, 2019 Lembaga Sertifikasi Profesi
Certification Pembiayaan Indonesia
Denny Riza Farib Director Expert Financing March 31, 2023 Lembaga Sertifikasi Profesi
Certification Pembiayaan Indonesia
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 267
Page 270
Name Position Certification Date Issuing Institution
Sigit Hendra Director Expert Financing March 2, 2022 Lembaga Sertifikasi Profesi
Gunawan Certification Pembiayaan Indonesia
Sylvanus Gani K. Director Expert Financing November 24, 2023 Lembaga Sertifikasi Profesi
Mendrofa Certification Pembiayaan Indonesia
Takanori Mizuno Director Expert Financing March 28, 2024 Lembaga Sertifikasi Profesi
Certification Pembiayaan Indonesia
Based on the above, it can be concluded that: 2. Prepare and submit the Business Plan Realization
· All members of the Board of Directors of 8 Report for the 2023 fiscal year.
(eight) people have exceeded the minimum 3. Prepare and determine the revision of the Annual
requirements stipulated in the Company's Business Plan 0074 for the year 2024.
Articles of Association and applicable laws and 4. Prepare and determine work plans and budget
regulations. plans for the 2025 financial year.
· All members of the Board of Directors have met 5. Develop and establish a Sustainable Financial
the requirements of both regulations in the field Action Plan for the 2025 financial year.
of finance companies and in the field of capital 6. Developing the Company's products and
market. services.
· Each member of the Board of Directors does not 7. Develop the Company's business network.
have a family relationship or blood relationship 8. Developing the Company's organization to
up to the second degree with fellow members of align with the Company's business strategy and
the Board of Commissioners and/or members of business network development.
the Company's Board of Directors.
· Each member of the Board of Directors does not Areas of Risk Management:
have a dual position either as a member of the 1. Evaluate and improve the risk management
Board of Commissioners, as a Board of Directors policy implemented by the Company.
or as a shareholder in other financing companies 2. Prepare the Company's risk management
that exceed the provisions of OJK Regulations in guidelines in accordance with the provisions of
the field of Finance Companies and in the field applicable laws and regulations.
of Capital Market. 3. Consistently implement the risk management
· The composition of the Board of Directors has system that has been established to anticipate
fulfilled the principles of gender representation any possible risks that the Company will face.
and diversity. 4. Prepare the development of resources to run the
Company's risk management system.
In accordance with Law No. 40 of 2007 concerning
Limited Liability Companies, the Board of Directors Field of Control:
is fully responsible for the management of the 1. Carry out internal control by effectively improving
Company to fulfill the interests and objectives of the the performance of the Internal Audit Unit and
Company and represent the Company both inside the Company's Compliance Unit.
and outside the Court. Thus, the Board of Directors 2. Provide follow-up directions on the results of
has the authority to take management actions and supervision carried out by the Internal Audit
bind the Company with other parties. Unit and the Company's Compliance Unit and
monitor their completion.
Execution of Duties and Responsibilities of 3. Conduct good communication with the
the Board of Directors External Auditor appointed by the Board of
In summary, the implementation of the duties and Commissioners of the Company, including
responsibilities of the Board of Directors in 2024 is discussing the findings of the External Auditor.
as follows: 4. Follow up on any findings from the results of
supervision carried out by the External Auditor
Areas of management: or the authority authorized to supervise the
1. Conducting an evaluation and subsequently Company.
preparing an annual report for the 2023 5. Resolve any violations committed within the
financial year to be reported to the Board of Company.
Commissioners and to the GMS in the Annual
GMS held on March 27, 2024.
268 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 271
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Areas of Governance: Meanwhile, from the outside, it can be submitted
1. Carry out corporate governance obligations by shareholders who meet the requirements
and responsibilities in accordance with the to submit candidates in accordance with the
Corporate Governance guidelines that have provisions of applicable laws and regulations.
been established together with the Board of 3. The data of the candidates will then be verified by
Commissioners. the Nomination and Remuneration Committee.
2. Ensure socialization of the principles of Good Qualified candidates based on the assessment of
Corporate Governance to all employees of the the Nomination and Remuneration Committee
Company. will then be recommended to the Board of
Commissioners to be submitted to the GMS.
Areas of Social Responsibility: 4. Before the GMS is held, in order to meet the
1. Direct the implementation of the Company's applicable provisions, the candidate concerned
social responsibility so that it can touch the must take part in an assessment of ability and
widest possible range of the Company's propriety.
stakeholders. 5. Candidates who have met the requirements and
2. Establish strategies and policies for the passed the ability and propriety assessment will
implementation of the Company's social be submitted to the GMS to be appointed as
responsibility to maintain the sustainability of members of the Board of Directors.
the Company's business activities.
3. Evaluate each implementation of the Company's Introduction/Orientation Program for New
social responsibility to make improvements or Members of the Board of Directors
improvements in the future. The Company has an introduction/ orientation
program policy for the newly appointed members of
Succession Policy the Board of Directors. This program aims to have the
The Board of Directors is a very decisive organ of new members of the Board of Directors understand
the Company in the management and governance in depth about Adira Finance. The introduction/
of the Company, so to ensure the sustainability orientation program is conducted in the form of
of the Company's business, a succession policy presentation, delivery of written materials, visits to
is needed. The succession policy of the Board of the business network, and direct meetings with
Directors of Adira Finance is guided by Law No. 40 the internal parties of Adira Finance that will be in
of 2007 concerning Limited Liability Companies, contact during their duties as members of the Board
OJK Regulation No. 4/POJK.05/2013 concerning of Directors. The introduction/ orientation program
Assessment of Ability and Propriety for Main Parties is implemented by the Corporate Secretary.
in Insurance Companies, Pension Funds, Financing
Companies and Guarantee Companies, OJK In general, the introduction/orientation materials
Regulation No. 30/POJK.05/2014 concerning Good include:
Corporate Governance for Finance Companies, OJK 1. General Knowledge of Financing Companies.
Regulation No. 33/POJK.04/2014 concerning the 2. Good Corporate Governance Principles.
Board of Directors and Board of Commissioners 3. Explanation on Adira Finance, from vision,
of Issuers or Public Company and Articles of mission, philosophy, history of establishment,
Association. business activities, business performance,
financial and non-financial conditions, long-
The process of nominating members of the term, medium-term, and short-term strategies,
Company's Board of Directors through the following corporate strengths, as well as opportunities and
mechanism: challenges encountered by the Company.
1. Every year, the Company's Board of Directors 4. The Company’s Organs Structure, duties and
conducts an assessment of senior officials in responsibilities of each of the Company’s organ,
the Company who have the potential to occupy and control system policy.
positions as members of the Board of Directors
in the future. The data is stored in the Human In 2024 there were 3 (three) new members of
Capital Directorate of the Company. the Board of Directors who participate in the
2. In the event that the appointment of new introduction/orientation program.
members of the Board of Directors is required,
the selection process is carried out from internal Board of Directors’ Meeting
and external, where the selection process for The Board of Directors Meeting may be held at
candidates is carried out by members of the least 1 (one) time in one month, except when
Company's Board of Directors based on data deemed necessary by 1 (one) member of the Board
from the Directorate of Human Resources. of Directors, or upon the written request of 1 (one)
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 269
Page 272
or more members of the Commissioners, or upon has an interest in a transaction, contract or contract
the written request of 1 (one) or more shareholders that is proposed, of which the Company is a party
jointly owning 1/10 (one-tenth) of the total number of must declare the nature of his interest in a Board of
shares that have been issued by the Company with Directors Meeting and is not entitled to participate in
valid voting rights. The Board of Directors Meeting is voting related to matters related to the transaction
only valid and can make a binding decision if more or contract, unless the Board of Directors Meeting
than 1/2 (one-half) of the number of members of the determines otherwise.
Board of Directors are present or represented at the
meeting. The Board of Directors may also make valid and
binding decisions without convening a Meeting of
The decision of the Board of Directors Meeting must the Board of Directors, provided that all members
be taken based on deliberation to reach a consensus. of the Board of Directors have given their approval
In the event that the deliberative decision for to the proposal submitted in writing and signed the
consensus is not reached, the decision is taken by agreement. Decisions taken in this way have the
voting in favor of more than 1/2 (one-half) part of same force as decisions lawfully taken at the Board
the number of votes duly issued in the meeting. If of Directors Meeting.
the votes in favor and votes against are balanced,
the proposal is considered rejected. Each member During 2024, the Board of Directors has held 22
of the Board of Directors who attends the meeting (twenty-two) Board of Directors Meetings, with
has the right to issue 1 (one) vote and an additional an attendance rate of 91.1%. This attendance level
1 (one) vote for each other member of the Board of has met the provisions of OJK Regulation Number
Directors who he/she represents. 30/POJK.05/2014 concerning Good Corporate
Governance for Finance Companies, where at
Every member of the Board of Directors who least in a year the attendance rate of the Board of
personally in any way, either directly or indirectly, Directors in meetings must reach 50%.
List of attendance at the Board of Directors Meeting in 2024:
Date
18 September
17 December
12 November
3 September
20 February
24 January
22 October
6 February
31 October
20 August
4 January
7 October
6 August
19 Maret
20 June
24 April
5 Maret
23 July
Name
21 May
2 April
7 May
9 July
I Dewa Made Susila √ X √ X √ √ √ √ √ √ √ √ √ √ X √ √ v √ √ √ √
Swandajani Gunadi √ √ √ √ √ √ √ √ √ √ √ √ √ X v √ √ X √ √ √ √
Niko Kurniawan B. √ √ √ X √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
Harry Latif √ X √ √ √ √ √ √ √ √ X √ √ √ √ √ √ √ X √ √ √
Jin Yoshida*) X √ √ X X √
Denny Riza Farib √ √ √ √ √ √ √ √ √ √ X √ √ √ √ √ √ √ √ √ √ √
Sigit Hendra √ √ √ √ √ √ √ √ √ √ √
Gunawan**)
Sylvanus Gani K. √ √ √ √ √ √ √ √ √ √ √
Mendrofa**)
Takanori Mizuno**) √ √ √ √ √ √ √ √ √ √ √
270 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 273
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Description:
*) Resigned from his position as Director of the Company at the Annual General Meeting of Shareholders on March 27, 2024.
**) is appointed as the Director of the Company at the Annual General Meeting of Shareholders on 27 March 2024 and serves effectively on July 3, 2024
after being declared passed the fit and proper test from Indonesia’s Financial Services Authority
A brief report of the 2024 Board of Directors meeting is as follows:
Attendance of the Board of Directors
K. Mendrofa**)
Sylvanus Gani
Kurniawan B.
I Dewa Made
Jin Yoshida*)
Sigit Hendra
Gunawan**)
Swandajani
Denny Riza
Harry Latif
Mizuno**)
Takanori
Gunadi
Date Agenda
Susila
Farib
Niko
January 4, 2024 1. Financial Update √ √ √ √ X √
2. Kick-off Meeting Preparation
January 24, 2024 a. Financial Soundness Assessment Update 2023 X √ √ X √ √
b. Approval New Loyalty System
c. BSC BDI 2024
d. Update on Final Audit Result
e. Dry Run BOC-BOD Meeting
February 6, 2024 1. Update IIMS √ √ √ √ √ √
2. Collection Update
3. Cost Leadership
4. Crem Update
5. Update Review MI
February 20, 2024 1. Crem Update X √ X √ X √
2. TMO Update
3. Strategic Meeting 2W2T & 4W1T
4. IT Update
March 5, 2024 1. Closing √ √ √ √ X √
2. Governance of Business Performance
Evaluation
March 19, 2024 1. Project Dealer Management : Scope & √ √ √ √ √ √
Deliverables
2. Maverick : Post Acquisition Action
April 2, 2024 1. CEO Message √ √ √ √ √ √
2. Update Collection
3. Quick Credit
4. SSD Performance
5. Portfolio Focus on April – May 2024
April 24, 2024 1. Organization Structure √ √ √ √ √ √
2. Update Budget Marketing Cost
3. Update Durable (performance review &
moving forward)
4. Fine Revenue Optimization
5. Update Rencana 4W Workshop
May 7, 2024 1. FY24 Mid-Year Forecast √ √ √ √ √ √
2. Durable Discussion 2nd Round
3. CoC Monitoring
May 21, 2024 1. CoC & Sales Update √ √ √ √ √ √
2. Marketing Cost 2nd Round
3. Collaboratioan Update
4. BOC Meeting Topic Discussion (IT)
June 20, 2024 1. Update Business √ √ √ X √ X
2. Update Collection
3. Update IT Security
4. Various
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 271
Page 274
Attendance of the Board of Directors
K. Mendrofa**)
Sylvanus Gani
Kurniawan B.
I Dewa Made
Jin Yoshida*)
Sigit Hendra
Gunawan**)
Swandajani
Denny Riza
Harry Latif
Mizuno**)
Takanori
Gunadi
Date Agenda
Susila
Farib
Niko
July 9, 2024 1. CFO Office Update √ √ √ √ √ √ √ √ √
2. Regional Update
July 23, 2024 1. Regional Update √ √ √ √ √ √ √ √ √
2. Collection
3. Headcount Management
4. Various
August 6, 2024 1. Dry Run BOC-BOD Meeting √ X √ √ √ √ √ √ √
2. Recap July Performance
3. Update ROA Scorecard
4. Template Dashboard Regional
5. Adirapay Sunset Plan
August 20, 2024 1. Update on Business X √ √ √ √ √ √ √ √
2. IT Dashboard Management
September 3, 2024 1. Update From Biz √ √ √ √ √ √ √ √ √
2. Approval Data Protection Officer
3. Risk Management Structure & Approach
September 18, 1. Regular Update From BIZ (SMB 3 Years) √ √ √ √ √ √ √ √
2024 2. Fleet Performance Update √
3. BOC Meeting Topic Discussion
October 7, 2024 1. Regular Update √ X √ √ √ √ √ √ √
2. Dry Run Planning Cycle
October 22, 2024 1. Result – Financial Performance √ √ √ X √ √ √ √ √
2. CoC Update
October 31, 2024 Update on OPEX √ √ √ √ √ √ √ √ √
November 12, 2024 1. Update From Business √ √ √ √ √ √ √ √ √
2. Update from Finance/Risk
3. Follow Up BOM 22 Oktober on New Ritual/
Directorate
4. Update Progress Product Development
5. Update on GESIT
December 17, 2024 1. Update BOM I – Activities & Initiatives √ √ √ √ √ √ √ √ √
2. Indonesia Economic Outlook
3. Update BOM II – Activities & Initiatives
Description:
*) Resigned from his position as Director of the Company at the Annual General Meeting of Shareholders on March 27, 2024.
**) is appointed as the Director of the Company at the Annual General Meeting of Shareholders on 27 March 2024 and serves effectively on July 3, 2024
after being declared passed the fit and proper test from Indonesia’s Financial Services Authority
272 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
The attendance of the members of the Board of Directors at the Board of Directors’ Meeting during 2024 is
as follows:
Number of Reason for
Name Attendance % of Attendance
Meetings Absence
I Dewa Made Susila 22 19 - Business Trip
Swandajani Gunadi 22 20 - Business Trip
Niko Kurniawan Bonggowarsito 22 21 - Business Trip
Harry Latif 22 18 - Business Trip
Jin Yoshida*) 6 3 - Business Trip
Denny Riza Farib 22 21 - Business Trip
Sylvanus Gani K. Mendrofa**) 11 11 - -
Takanori Mizuno**) 11 11 - -
Sigit Hendra Gunawan**) 11 11 - -
Description:
*) Resigned from his position as Director of the Company at the Annual General Meeting of Shareholders on March 27, 2024.
**) is appointed as the Director of the Company at the Annual General Meeting of Shareholders on 27 March 2024 and serves effectively on July 3, 2024
after being declared passed the fit and proper test from Indonesia’s Financial Services Authority
MANAGEMENT CONTRACT
A management contract is a management contract of the Company by the Board of Directors made and
signed by the President Director with the controlling shareholder. Meanwhile, other members of the Board
of Directors signed a management contract with the President Director. The management contract is valid
from the Annual GMS held on March 27, 2024 for all members of the Board of Directors until the closing of the
Annual GMS for the financial year 2026 which will be held in 2027.
The management contract contains, among others, the obligations of the Board of Directors that must be
fulfilled until the validity period of the contract, such as net profit targets, the Company's health conditions
and others. In addition, the management contract also regulates the rights and authorities granted to the
Board of Directors.
EXECUTIVE COMMITTEE
BOARD OF
DIRECTORS
Risk Management Committee Credit Committee
Information Technology
Asset and Liability Committee (ALCO)
Steering Committee
In performing its duties, the Board of Directors is Duties and Obligations of the Risk
assisted by 4 (four) Executive Committees: Management Committee:
1. The Risk Management Committee is obliged
1. Risk Management Committee to make monthly reports on financial
The Risk Management Committee was and operational risks across all ranks and
established based on the Decree of the Board networks of the organization. Management
of Directors Number 025/ADMF/BOD/CS/I/07 will review the report to then take necessary
dated January 18, 2007. This committee is steps and actions to monitor and reduce the
responsible for assessing all of the Company's Company's business risks.
operational policies, evaluating the Company's 2. The Risk Management Committee conducts
risks, ensuring that policy improvement and a thorough evaluation of the Company's
improvement measures have been taken and risks with the Board of Directors, all Regional
other matters related to the Company's business Heads and Heads of related Divisions on a
risks. monthly basis.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 273
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3. Provide recommendations to the financing approval process, repairs, refinements,
Management related to the preparation of and simplification of financing processes and
the Company's risk management policy. procedures. This committee traces the data of
financing applications, the level of repayment
Risk Management Committee Meeting: ability, the type of financing and credit history of
The meeting is held at least 1 (one) time every the applicant. Various daily reports are made to
3 (three) months, however the Committee may make it easier to monitor the quality of financing
conduct a meeting at any time if needed with and to formulate new financing products.
notice at least 3 (three) working days before The company then reviews the consolidated
the meeting is held. Meetings may be held if portfolio, both at the head office and branches
attended by more than 50% of the number of and also dealers with existing contracts.
members of the Committee.
The Credit Division is the coordinator of the
During 2024, the Committee has held 5 (five) Adira Finance’s Credit Committee meeting.
meetings attended by all members of the Risk Furthermore, Adira Finance’s Credit Committee
Management Committee. together with Risk Management work unit of PT
Bank Danamon Indonesia Tbk also hold regular
Meetings throughout 2024: meetings to monitor all risks from the financing
No. Date Meeting Agenda portfolio. From these various activities, Adira
Finance Credit Committee then prepares and
1. March 21, 2024
presents reports to the relevant Directors to
4. May 16, 2024
ensure adequate control over all risks that may
5. July 17, 2024 occur.
Risk Management Update
6. September 11,
2024 Duties and Responsibilities:
7. November 14, 1. Providing input to the Board of Directors
2024 related to Adira Finance's financing policy.
2. Conduct supervision to ensure consistent
Risk Management Committee performance in compliance with all Adira Finance financing
2024: policies and conduct analysis in the event
During 2024, the Committee has successfully of problems in the implementation of these
maintained the Company's business risks, so policies. If it is deemed necessary, it can
that the level of risk to troubled receivables in provide recommendations for improvement
the Company can be at a reasonable level. In to the Board of Directors.
addition, the Committee can also maintain the 3. Evaluate the Company's financing portfolio.
balance so that the amount of financing that is 4. Evaluate and provide recommendations for
problematic (non-performing loan) is maintained determining the limit of authority to approve
by still paying attention to the growth of the the predetermined financing value to the
Company's financing. The ratio of problematic Board of Directors.
financing receivables (NPF) can be maintained
at a relatively low level of 0.34% by 2024. Credit Committee Meeting:
Meetings are held at least 4 (four) times every
2. Credit Committee year to discuss Adira Finance's financing policy,
The Credit Committee was established based however, the Committee may hold a meeting
on the Internal Memorandum No. MI-004/RIM/ at any time if needed with notice at least 3
CRD/IV/2010 and No. MI-005/RIM/CRD/IV/2010 (three) working days before the meeting is
both dated April 30, 2010 which has been revised held. Meetings may be held if attended by more
with the Internal Memorandum No. MI-013/ than 50% of the number of members of the
RISK/RKPCYDEV/VIII/2024 dated August 21, Committee.
2024. This committee functions to monitor the
274 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
During 2024, the Committee has held 5 (five) 6. Reviewing and evaluating proposed changes
meetings attended by all members of the Credit in interest rates, as well as providing input on
Committee. the calculation of profits and risks that will be
faced.
Meetings throughout 2024: 7. Examine the diversification of funding
No. Date Meeting Agenda maturities and sources of funding, keeping
them from relying too much on fluctuating
1. March 21, 2024
sources of funds.
4. May 16, 2024
5. July 17, 2024 ALCO Meeting:
Credit Update
6. September 11, The meeting is held at least 1 (one) time every
2024 3 (three) months, however the Committee may
7. November 14, conduct a meeting at any time if needed with
2024 notice at least 3 (three) working days before
the meeting is held. Meetings may be held if
Credit Committee Performance in 2024: attended by more than 50% of the number of
During 2024, the Credit Committee has issued members of the Committee.
operational policies used by the Company to
maintain the quality of the Company’s financing During 2024, the Committee has held 2 (two)
in accordance with the Company’s risk appetite. meetings with a permanent member attendance
In addition, the Credit Committee has performed rate of 100%.
its functions as a committee that grants credit
approval according to the limit of authority to Meetings throughout 2024:
give credit as stipulated. No. Date Meeting Agenda
1. May 21, 2024 • Market & Liquidity Risk & RAS
3. Asset & Liability Committee (ALCO) • Funding Activities
ALCO was established based on the Decree of • Asset & Porftfolio
the Board of Directors Number SKD-004/ADMF- 2. September 18, • Market & Liquidity Risk & RAS
FIN/V/2012 dated May 15, 2012. This committee is 2024 • Funding Activities
• Asset & Porftfolio
responsible for managing the Company's Assets
and Liabilities so that the funding diversification
strategy is carried out carefully, the Company's ALCO Performance in 2024:
liquidity risk can be properly mitigated and During 2024, the ALCO Meeting has
ultimately get maximum returns. produced several decisions related to liquidity
management and provided input on the level of
Duties and Responsibilities: financing interest rates. The company's liquidity
1. Establish liquidity management policies. and financing conditions throughout 2024 can
2. Review and approve the Company's balance be managed properly to support the Company's
sheet risk and return targets. performance
3. Giving approval to all matters related to risk
management and balance sheet return 4. Information Technology Steering
according to the set limits. Committee
4. Review, evaluate and approve the proposed The Information Technology Steering Committee
hedging strategy according to the limits that was formed based on the Decree of the Board
have been set. of Directors Number SKD-003/ADMF-IT/VII/2021
5. Approve hedging for the management dated April 19, 2021. This committee is responsible
of interest rate risk on funding in foreign for providing recommendations to the Board
currencies with due regard to ongoing of Directors regarding all matters related to
financial and monetary conditions. information technology.
Duties and Responsibilities:
1. Information Technology development plan
that is in line with the Company's business
activities in accordance with the Articles of
Association.
2. Formulation of Information Technology
policies and procedures.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 275
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3. Conformity of the approved Information No. Date Meeting Agenda
Technology project with the Information 5. July 26, 2024 • IT Performance
Technology development plan. Achievements
• Work Plan Approval from
4. Suitability of the implementation of the Steering Committee
Information Technology project with the
6. September 3, • IT Performance
approved Information Technology project. 2024 Achievements
5. Suitability of Information Technology with the • Work Plan Approval from
Steering Committee
needs of management information systems
7. October 23, • IT Performance
and the needs of the Company's business
2024 Achievements
activities.
8. December 18, • IT Performance
6. The effectiveness of risk mitigation on the 2024 Achievements
Company's investment in the Information • Digital Business Performance
Technology sector so that the Company's Achievements
investment in the Information Technology
sector contributes to the achievement of the Information Technology Steering Committee
Company's business objectives. Performance in 2024:
7. Monitoring the performance of Information During 2024, the Information Technology
Technology and efforts to improve the Steering Committee has established and ratified
performance of Information Technology. a set of strategic implementation plans:
8. Efforts to solve various problems related a. Continuing the implementation and
to Information Technology that cannot be development of the system to support
solved by the work unit of users and operators the Company’s initiative in multipurpose
of Information Technology effectively, financing.
efficiently, and on time; and b. Plans for implementing Comprehensive Data
9. The adequacy and allocation of Information Leak Prevention and increased security and
Technology resources owned by the resilience.
Company. c. Plans for the renewal of various business
systems such as the revitalization of Adira1.
Meeting of the Information Technology d. Plans to improve the performance of several
Steering Committee: business support systems such as data
The meeting is held at least 1 (one) time in 1 management and telecenters.
(one) year, however the Committee may hold e. Implementation of work plans, information
a meeting at any time if needed with notice at technology strategies, building human
least 3 (three) working days before the meeting resources capabilities and control budget
is held. Meetings may be held if attended by realization related to information technology
more than 50% of the number of members of the in 2024.
Committee.
RELATION OF BOARD OF COMMISSIONERS
During 2024, the Information Technology AND BOARD OF DIRECTORS
Steering Committee has held 8 (eight) meetings In carrying out the Company's activities, several
attended by all members of the Information guidelines regulate the relationship between the
Technology Steering Committee. Board of Commissioners, including the Company's
articles of association, Guidelines for Corporate
Meetings throughout 2024: Governance, Guidelines and Work Procedures for the
No. Date Meeting Agenda Board of Commissioners, Guidelines for Corporate
Governance, Guidelines and Work Procedures for
1. February 12, • IT Performance
2024 Achievements the Board of Directors, as well as applicable laws
• IT Work Plan Approval from and regulations. These relationships include:
Steering Committee
1. In carrying out its management duties, the Board
2. March 18, 2024 • IT Performance of Directors must obtain prior approval from the
Achievements
• IT Work Plan Approval from Board of Commissioners for several activities/
Steering Committee transactions, including, but not limited to, the
3. May 15, 2024 • IT Performance divert/guarantee/transfer of the Company's
Achievements assets;
• IT Work Plan Approval from
Steering Committee 2. The Board of Directors must obtain approval for
the Annual Business Plan, Sustainable Financial
4. June 19, 2024 • IT Performance
Achievements Action Plan, appointment and/or dismissal of the
• IT Work Plan Approval from Head of the Audit Unit and Corporate Secretary;
Steering Committee
276 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
3. The Board of Directors must submit a report on the management of the Company to the Board of
Commissioners, either at a Joint Meeting of the Board of Commissioners and the Board of Directors or at
any other time deemed necessary by the Board of Commissioners;
4. The Board of Commissioners may request Company data and/or information from the Board of Directors
in order to carry out supervisory duties, either directly or through committees under the Board of
Commissioners;
5. As well as other matters in accordance with the applicable policies as stated above.
DIVERSITY OF THE BOARD OF COMMISSIONERS AND BOARD OF DIRECTORS
The members of Adira Finance's Board of Commissioners and Board of Directors are appointed by the
GMS based on recommendations from the Nomination and Remuneration Committee, considering the
diversity of expertise, educational background, experience, and good track record regardless of differences
in gender, ethnicity, race, or religion in order to support the supervisory duties implemented by the Board of
Commissioners and the management of the Company by the Board of Directors.
The combination of various backgrounds of expertise, education, and experience of the members of Adira
Finance's Board of Commissioners and Board of Directors is reflected in the following table:
Name Gender Age Education Expertise
Board of Comissioners
Daisuke Ejima Male 56 University Finance, strategy and business
Master of Business Administration from planning
Michigan
University
Krisna Wijaya Male 69 Doctor of Inter-Field Studies from Gajah Corporate Governance, Finance and
Mada University Risk Management
Manggi Taruna Male 71 Master in Public Administration from Corporate Governance and Finance
Habir Harvard University
Eng Heng Nee Male 78 Bachelor of Commerce in Accounting Risk Management, Corporate
Philip from the Institute of Chartered Governance, Finance and Business
Accountants
Congsin Male 54 SASIN Graduate Institute of Business Finance and Business
Congcar Administration Chulalongkom University
Hafid Hadeli Male 61 Bachelor of Accounting from Trisakti Accounting, finance and business
University strategy
Board of Directors
I Dewa Made Male 54 Master of Management from PPM Accounting, finance and business
Susila College of Management planning
Swandajani Female 52 Bachelor of Agronomy from Bogor Human resource management and
Gunadi Agricultural Institute marketing strategy
Niko Kurniawan Male 53 Bachelor of Business from the Product marketing and business
Bonggowarsito Indonesian Business Institute development
Harry Latif Male 53 Bachelor of Economics from Atmajaya Product marketing and business
University strategy
Denny Riza Male 52 Bachelor of Science from Padjadjaran Collection dan Recovery
Farib University
Sigit Hendra Male 56 Bachelor of Industrial Engineering Risk management
Gunawan from Trisakti University
Sylvanus Gani Male 48 Master of Management from Accounting and finance
K. Mendrofa Australian National University
Takanori Male 48 Bachelor of Laws from Kyoto University Strategic planning and business
Mizuno collaboration
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 277
Page 280
PERFORMANCE ASSESSMENT OF THE 6. Audit Committee carrie out its duties and
BOARD OF COMMISSIONERS AND BOARD responsibilities in line with the predetermined
OF DIRECTORS [GRI 2-10] targets.
7. Risk Oversight Committee carried out its duties
Performance Assessment of the Board of and obligations in line with the predetermined
Commissioners in 2024 targets.
2024 performance achievements of the Adira 8. Nomination and Remuneration Committee
Finance's Board of Commissioners include the carried out its duties and obligations in line with
following: the predetermined targets.
1. Implementation of the principles of Good 9. Attendance rate of the members of the Board of
Corporate Governance following Adira Finance Commissioners in the Board of Commissioners
Corporate Governance Guidelines. Meetings and Joint Meetings with the Company's
2. The realization of nearly all of the Company's Board of Directors is above 75%.
Vision, Mission and Philosophy. However, the
hard work is still necessary to achieve the Based on these achievements, the Company carried
Company's Vision to become a world-class out independent assessment by members of the
finance company. Board of Commissioners, then the assessment
3. Implementation of the Company's Work Plan results will be submitted by the President
and Budget as stipulated. Commissioner to the GMS for approval.
4. Implementation of the Company's Strategic
Plan, especially for short-term plans.
5. The special tasks given to the Board of
Commissioners can be carried out properly and
on time.
Performance indicators of the Board of Commissioners in 2024:
No. Indicator Weight Achievement Score Description
1. Attendance at every Board of 10% 100% XXX The attendance level of members
Commissioners Meeting and Joint of the Board of Commissioners at Board of
Meeting Commissioners meetings and joint meetings
with the Board of Directors reached 100%.
2. Understanding of the Company's 10% 100% XXX All members of the Board of
conditions Commissioners have a good understanding of
the Company's
current conditions.
3. Tingkat obyektifitas, 10% 100% XXX All decisions of the Board of
profesionalisme dan independensi Commissioners have been carried out
dalam setiap pengambilan objectively, professionally and independently.
keputusan
4. Penerapan Tata Kelola Perusahaan 15% 110% XXX Adira Finance's corporate governance has
been carried out
well.
5. Terlaksananya Rencana Strategis 10% 85% XXX The Company's Strategic Plan can be
Perusahaan implemented in accordance with the
predetermined plan.
6. Terlaksananya kinerja Komite 15% 115% XXX The Audit Committee has carried out its
Audit duties in accordance with
the work plan with a completion time less
than the specified target
time.
7. Terlaksananya kinerja Komite 15% 100% XXX The Risk Management Committee
Manajemen Risiko has carried out its duties in
accordance with the work plan that
has been determined.
8. Terlaksananya kinerja Komite 15% 95% XXX The Nomination and Remuneration
Nominasi dan Remunerasi Committee has carried out its
duties in accordance with the determined
work plan.
Total Score 100% XXX
278 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Assessment of individual performance of the Board of Commissioners in 2024:
Daisuke Krisna Manggi Eng Heng Congsin
No. Performance Hafid Hadeli
Ejima Wijaya Taruna Habir Nee Philip Congcar
1. Attendance rate at 100 85.7 100 100 71.4 85.7
meetings
2. Contribution to the 100 100 100 100 100 100
supervisory function
3. Contribution in the 100 100 100 100 100 100
achievement
of the Committee's
performance
4. Contribution in the 100 100 100 100 100 100
implementation of the
principles
of Good Corporate
Governance
Total Score 100 96.43 100 100 92.85 96.43
Assessment of the Board of Directors 4. Providing clear direction to the employees to
Members [GRI 2-10][GRI 2-11] achieve of the Company’s goals.
In order to measure the performance of the 5. Cooperation among fellow members of the
Company's Board of Directors, Adira Finance has Board of Directors.
implemented a Board of Directors performance 6. Commitment to the time needed to carry out
appraisal system. This assessment is carried out to duties properly.
measure the achievement level of the Company's 7. Professionalism and willingness to listen and
vision, mission, and strategy by the Board of respect the ideas of other Directors and other
Directors and is to be used to assess achievement senior officials.
and remuneration based on collective and individual
performance. Criteria for collective assessment of the Board of
Directors include the following:
Assessment process for Adira Finance's Board of 1. Implementation of Good Corporate Governance;
Directors in 2024 was carried out both collectively 2. The contribution and active role of the Board of
and individually by considering qualitative factors Directors in the application and implementation
using the assessment criteria agreed upon by of the Company's culture, vision, mission,
the Company's Board of Directors members. The philosophy, budget and work plans of the
assessment system is carried out jointly with all Company;
members of the Board of Directors for further 3. Realization of GMS resolutions;
approval from the Nomination and Remuneration 4. Contribution to the implementation of the
Committee to be submitted to the Board of Company's Work Plan and Budget;
Commissioners and GMS based on predetermined 5. Implementation of the Company's Strategic
performance indicators. Plan;
6. Achievement level of the Company's targets and
Performance Indicator objectives;
Performance assessment of each member of the 7. of the best considerations;
Board of Directors is carried out by the Nomination 8. Close relationship between the Board of
and Remuneration Committee to be submitted to Directors and senior officials;
the President Director, using the following criteria: 9. Attendance rate at meetings, both at the Board
1. Consistent in increasing return on investment of Directors meetings and joint meetings with
for the shareholders. the Board of Commissioners.
2. Useful contribution to the Company's strategy.
3. The understanding level of the main risks that
affect the Company.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 279
Page 282
Board of Directors performance assessment results in 2024:
No. Indicator Weight Achievement Score Description
1. Implementation of Good Corporate 10% 100% 10 Adira Finance's corporate
Governance governance has been carried out
well.
2. Contribution and active role of the 15% 100% 15 The target of achieving the
Board of Directors in the Company's Vision, Mission and Values in 2024
application and implementation can be realized.
of the Company's culture, vision,
mission, values, budget and work
plans of the Company.
3. Realization of GMS decisions. 10% 100% 10 The resolutions of the Annual General
Meeting held in 2024 have been fully
implemented.
4. Contribution to the 10% 90% 9 The Company's Work Plan and Budget
implementation of the Company's can be realized in accordance with the
Work Plan and Budget predetermined schedule.
5. Implementation of the Company's 10% 90% 9 The Company's Strategic Plan can be
Strategic Plan implemented in accordance with the
predetermined plan.
6. The level of achievement of the 15% 88% 13.2 The target given to the Board of Directors in
Company's targets and objectives. 2024 has reached 88%.
7. Providing important decisions 10% 100% 10 Important decisions can be
quickly, based on the best made quickly based on the best
considerations. considerations.
8. Close relationship between the 10% 100% 10 The relationship between the
Board of Directors and senior Board of Directors, senior officers
officials. and other employees can be
closely established.
9. Level of attendance at meetings, 10% 91% 91 The attendance rate at Board
both at Board of Directors of Directors' Meetings and joint meetings with
meetings and joint meetings with the Board of Commissioners reached 91%.
the Board of Commissioners
Total Score 100% 177.2
Individual assessment results for each member of the Board of Directors:
I Dewa Niko Sigit Sylvanus
Swandajani Harry Denny Takanori
No. Performance Made Kurniawan Hendra Gani K.
Gunadi Latif Riza Farib Mizuno
Susila B. Gunawan Mendrofa
1. Implementation 100 100 100 100 100 100 100 100
of Good
Corporate
Governance
2. Contribution 100 100 100 100 100 100 100 100
and active role
of the Board of
Directors in the
application and
implementation
of the Company's
culture, vision,
mission, values,
budget and
work plans of the
Company.
3. Realization of 100 100 100 100 100 100 100 100
GMS dresolutions.
4. Contribution 100 100 100 100 100 100 100 100
to the
implementation
of the Company's
Work Plan and
Budget
5. Implementation 90 90 90 90 90 90 90 90
of the
Company's
Strategic Plan
6. Level of 88 88 88 88 88 88 88 88
achievement of
Company targets
and objectives.
280 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
I Dewa Niko Sigit Sylvanus
Swandajani Harry Denny Takanori
No. Performance Made Kurniawan Hendra Gani K.
Gunadi Latif Riza Farib Mizuno
Susila B. Gunawan Mendrofa
7. Providing 100 100 100 100 100 100 100 100
important
decisions quickly,
based on the best
considerations.
8. Close relationship 100 100 100 100 100 100 100 100
between the
Board of Directors
and senior
officials.
9. Level of 86.4 90.9 95.4 81.8 95.4 100 100 100
attendance at
meetings, both at
Board of Directors
meetings and
joint meetings
with the Board of
Commissioners.
Total Score 96.04 96.54 97.04 95.5 97.04 97.5 97.5 97.5
REMUNERATION FOR THE BOARD OF COMMISSIONERS, BOARD OF DIRECTORS,
AND COMMITTEES UNDER THE BOARD OF COMMISSIONERS [GRI 2-19]
Basis for Determining Remuneration
Remuneration for the Board of Commissioners and the Board of Directors of the Company is determined by
the GMS, while the distribution of remuneration for each member of the Board of Commissioners and the
Board of Directors is determined by the President Commissioner in accordance with the GMS decision based
on recommendations from the Nomination and Remuneration Committee after considering, among others,
the amount of remuneration in the previous year, increased complexity of responsibilities, comparison with
remuneration in industries similar to the Company, achievement of Company performance, and the level of
financial health of the Company.
Remuneration for Committee members under the Board of Commissioners is based on the President
Commissioner's decision based on the recommendations from the Company's Nomination and Remuneration
Committee after considering various factors, including the previous year's remuneration, the complexity of
job responsibilities, comparison with remuneration in industries similar to the company, and the financial
soundness level of the Company.
Remuneration Determination Process [GRI 2-20]
Process for determining remuneration for the Board of Commissioners and Board of Directors:
The Nomination & Remuneration Committee collects information regarding remuneration
Nomination &
standards for similar position in industries in the market. Furthermore, the Nomination &
Remuneration Committee Remuneration Committee proposes recommendations to the Board of Commissioners.
The Board of Commissioners studies the recommendations from the Nomination &
Board of Commissioners Remuneration Committee and further proposes the remuneration for the Board of
Commissioners and Directors to the General Meeting of Shareholders.
General Meeting of The General Meeting of Shareholders determines the remuneration for members of
the Board of Commissioners and the Board of Directors and authorizes the President
Shareholders
Commissioner to carry out the distribution.
The President Commissioner divides remuneration for each member of the Board of
President Commissioner Commissioners and the Board of Directors based on the resolutions of the General Meeting
of Shareholders.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 281
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Process for Determining remuneration for Committee members under the Board of Commissioners:
The Nomination & Remuneration Committee collects information regarding remuneration
Nomination &
standards for similar position in industries in the market. Furthermore, the Nomination &
Remuneration Committee Remuneration Committee proposes recommendations to the Board of Commissioners.
The Board of Commissioners studies the recommendations from the Nomination &
Board of Commissioners Remuneration Committee and further proposes the remuneration for the member of
Committee under the Board of Commissioners
Nomination & The conduct of remuneration distribution based on the decision of the Board of
Remuneration Committee Commissioners.
Remuneration Structure
Remuneration structure for the Company›s Board of Commissioners and Board of Directors in 2023
1. Short Term Remuneration
No. Type of Remuneration Provisions
Board of Commissioner
1. Honorarium Provided monthly with an amount in accordance with the results of the Company's Annual
General Meeting of Shareholders, taking recommendations from the Nomination and
Remuneration Committee.
2. Allowance
• Transport Allowance Paid monthly along with honorarium payments
• Religious Holiday Holiday allowance, which is paid before Eid al-Fitr in the amount of 1 (one) month's
Allowance honorarium.
3. Facilities
Health Provided in the form of health insurance facilities for both members of the Board of
Commissioners concerned and their families
4. Tantiem Provided in accordance with the Decision of the Company's Annual General Meeting of
Shareholders, considering the recommendations of the Nomination and Remuneration
Committee.
Board of Directors
1. Salary Paid monthly and the amount is determined by the GMS decision.
2. Allowance
Religious Holiday The amount is 1 time the salary paid before Eid al-Fitr.
Allowance
Communication The amount of usage per month
Allowance
Transport Allowance Provided monthly along with salary payments
Housing Allowance Provided in the form of a loan which is repaid in monthly installments.
3. Facilities
Health Provided in the form of health insurance facilities for both members of the Board of
Directors concerned and their families.
4. Tantiem The amount heavily depends on the Company's performance achievements and is
determined by the GMS decision.
Committees under the Board of Commissioners
1. Honorarium Provided monthly in an amount according to the decision of the Board of Commissioners,
considering recommendations from the Nomination and Remuneration Committee.
2. Allowance
Religious Holiday Allowance Holiday allowance, which is paid before Eid al-Fitr in the amount of 1 (one) month's
honorarium.
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2. Long Term Remuneration
There is no long-term or post-employment remuneration/benefits for members of the Board of Board of
Directors and Committees under the Board of Commissioners.
Actual realization of remuneration for the Board of Commissioners, Board of Directors and
Committees under the Board of Commissioners in 2024 [GRI 2-21]
Remuneration for the Board of Commissioners:
(In Millions of Rupiah, except Number of Members)
Number of Members of the Board of Total Remuneration for the Board of
Type of Remuneration Commissioners Commissioners
2024 2023 2022 2021 2020 2024 2023 2022 2021 2020
Honorarium 4 4 5 6 6 3,622 3,466 3,524 4,065 3,385
Tantiem 4 4 5 6 6 1,130 975 874 570 1,414
Tunjangan 4 4 6 6 6 2,434 2,720 2,664 2,309 3,304
Total 7,186 7,161 7,062 6,944 8,103
Total Remuneration per person in 1 year Number of Members of the Board of Commissioners
Above IDR2 billion 1
Above IDR1 billion - IDR2 billion 3
Above IDR500 million - IDR1 billion 0
Below IDR500 million 0
Remuneration for the Board of Directors:
(In Millions of Rupiah, except Number of Members)
Number of Members of the Board of
Total Remuneration for Board of Directors
Type of Remuneration Directors
2024 2023 2022 2021 2020 2024 2023 2022 2021 2020
Salary 8 6 7 7 6 12,596 8,794 9,381 11,702 9,513
Tantiem 8 6 7 7 6 17,358 13,045 18,944 9,228 17,251
Tunjangan 8 6 7 7 6 40,121 27,638 40,364 24,500 29,487
Total 70,075 49,477 68,689 45,430 56,521
Total Remuneration per person in 1 year Number of Members of the Board of Directors
Above IDR2 billion 7
Above IDR1 billion - IDR2 billion 0
Above IDR500 million - IDR1 billion 1
Below IDR500 million 0
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Remuneration for Committees under the Board of Commissioners:
Based on Company policy, Committee members under the Board of Commissioners who hold concurrent
positions as the Board of Commissioners members receive no additional remuneration.
(In Millions of Rupiah, except Number of Members)
Number of Committee Members Who Do Not
Total Remuneration for Committee
Concurrently Serve as Members of the
Type of Remuneration Members
Company’s Board of Commissioners
2024 2023 2022 2021 2020 2024 2023 2022 2021 2020
Honorarium 4 4 5 6 3 696 660 623 527 372
Other Allowance 4 4 5 6 3 120 147 126 94 84
Total 816 807 749 621 456
Total Remuneration per person in 1 year Number of Members of the Audit Committee
Above IDR2 billion 0
Above IDR1 billion - IDR2 billion 0
Above IDR500 million - IDR1 billion 0
Below IDR500 million 4
Ratio of the Lowest and Highest Salary
The salaries that are compared in the salary ratio are the benefits received by members of the Board of
Directors, the Board of Commissioners, and employees in the last month of the reporting year.
The ratio of the highest and lowest salaries in 2024, in the following comparison scale:
Ratio of the highest and lowest employee salaries 20 : 1
Ratio of the highest and lowest salary for the Board of 2,20 : 1
Directors members
Ratio of the highest and lowest salary for the Board of 1:1
Commissioners members
Ratio of the highest salary of the Board of Directors members 2,30 : 1
and the highest employees
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and Analysis Responsibility
AUDIT COMMITTEE REPORT The Audit Committee’s Guidelines and Work Rules
have also been uploaded to the Company’s official
Audit Committee carries out our function as one of the website at www.adira.co.id.
committees that assist the Board of Commissioners
in carrying out its supervisory function on the Membership
Company’s performance and one of the main pillars The composition of the members of the Adira
in implementing the principles of Good Corporate Finance Audit Committee in accordance with the
Governance, as outlined in the Guidelines and Work Decision of the Company’s Board of Commissioners
Procedures of the Company’s Audit Committee, dated July 1, 2022 until the closing of the 2026
FSA Regulation No. 55/POJK.04/2015 Regarding Annual GMS which will be held at the latest on June
the Establishment and Guidelines for the Work 30, 2027, is as follows:
Implementation of the Audit Committee, FSA Chairman : Manggi Taruna Habir (Independent
Regulation No. 30/POJK.05/2014 concerning Good Commissioner)
Corporate Governance for Financing Companies as Member : Jusuf Sukiman (Independent Party)
amended by OJK Regulation No. 29/POJK.05/2020 Member : Restiana Ie Tjoe Linggadjaya
and lastly amended by OJK Regulation No. 48 Year (Independent Party)
2024 regarding Good Corporate Governance for
Financing Institutions, Venture Capital Companies, Information regarding the work experience and
Microfinance Institutions, and Other Financial educational history of each member of the Audit
Services Institutions. Committee who is still in office until the 2024
Annual Report is made can be seen in the Company
Establishment of the Company’s Audit Committee Data Section - Audit Committee Profile.
The Company’s Audit Committee was first
established on August 30, 2004 at a meeting of the Independence of the Audit Committee
Company’s Board of Commissioners. All members of the Audit Committee are
independent parties who do not have financial,
On November 29, 2005 based on the decision of management, share ownership and/or family
the Company’s Board of Commissioners, the Audit relationships with members of the Board of
Committee and Risk Management Committee Commissioners, members of the Board of Directors,
were merged into the Audit and Risk Management and/or Controlling Shareholders or business
Committee. relationships with the Company, both subsidiaries
and affiliated companies, which may affect their
With the development of the Company’s business ability to act independently.
and the greater the challenges that must be
dealt with by the Audit Committee, there is a To determine the independence of the members of
need to segregate the Audit Committee and the Company’s Audit Committee, it can be observed
Risk Management. Therefore, based on these from the data on family relations, finances,
considerations, on April 28, 2011, the Company’s management, and ownership of each member of
Audit Committee and Risk Management were the Audit Committee.
segregated into the Audit Committee and the Risk
Management Committee. The family and financial relationships of members
of the Audit Committee with members of the Board
Audit Committee Guidelines and Work Procedures of Commissioners and/or members of the Board of
Adira Finance’s Audit Committee has had Guidelines Directors and shareholders of the Company are as
and Work Procedures since 2004 and has been follows:
reviewed and revised several times. The Audit
Committee Guidelines and Work Rules were last
revised on September 21, 2022.
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Financial Relationship with:
Controlling
Board of Commissioners Board of Directors
Shareholders
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Manggi Taruna
Eng Heng Nee
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
I Dewa Made
No. Name
Sigit Hendra
Hafid Hadeli
Swandajani
Denny Riza
Harry Latif
Danamon
Mendrofa
Gunawan
Takanori
Congcar
PT Bank
Congsin
Mizuno
Gunadi
Susila
Philip
Habir
Farib
1. Manggi Taruna
- - - - - - - - - - - - - -
Habir
2. Jusuf Sukiman
- - - - - - - - - - - - - - -
3. Restiana Ie Tjoe
- - - - - - - - - - - - - - -
Linggadjaya
Financial Relationship with:
Controlling
Board of Commissioners Board of Directors
Shareholders
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Manggi Taruna
Eng Heng Nee
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
I Dewa Made
No. Name
Hafid Hadeli
Sigit Hendra
Swandajani
Denny Riza
Harry Latif
Danamon
Mendrofa
Gunawan
Takanori
Congcar
PT Bank
Congsin
Mizuno
Gunadi
Susila
Philip
Habir
Farib
1. Manggi Taruna
- - - - - - - - - - - - - -
Habir
2. Jusuf Sukiman
- - - - - - - - - - - - - - -
3. Restiana Ie Tjoe
- - - - - - - - - - - - - - -
Linggadjaya
All members of the Company’s Audit Committee are independent in accordance with Financial Services
Authority Regulation No. 55/POJK.04/2015 concerning the Establishment and Work Guidelines of the Audit
Committee.
The table below shows the relationship between the management and ownership of members of the
Company’s Audit Committee in other companies:
Management and Ownership
at Other Financing Companies
Description As Member Members
As Detail Description
of Board of of Board of
Shareholders
Commissioners Directors
Audit Committee Yes No Yes No Yes No
Manggi Taruna Habir - √ - √ - √ All members of the Audit Committee
do not have management and
Jusuf Sukiman - √ - √ - √ ownership relationships in other finance
companies.
Restiana Ie Tjoe Linggadjaya - √ - √ - √
Audit Committee Term of Office
In accordance with OJK Regulation No. 55/POJK.04/2015 concerning the Establishment and Work Guidelines
of the Audit Committee, the term of office of members of the Audit Committee may not be longer than the
term of office of members of the Board of Commissioners and may be re-elected only for one subsequent
term of office. If the Chairman of the Audit Committee resigns before his term of office, another Independent
Commissioner will replace him.
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The following is data on the tenure of members of the Audit Committee:
Members’ Name Commencement End of Term of Office
Manggi Taruna Habir September 16, 2021 Closing of AGSM Fiscal Year 2026
Jusuf Sukiman September 16, 2021 Closing of AGSM Fiscal Year 2026
Restiana Ie Tjoe Linggadjaya July , 2022 Closing of AGSM Fiscal Year 2026
Duties and Responsibilities of the Audit Committee 7. The Committee is required to provide
The Audit Committee must monitor and evaluate recommendations regarding the appointment
the planning and implementation of the audit as of public accountants and KAP to the Board of
well as to monitor the follow-up to the audit results Commissioners to be submitted to the GMS.
in order to assess the adequacy of internal control, 8. Submitting report of Audit Committee evaluation
including the adequacy of the financial reporting results on the implementation of audit service
process. for annual historical financial information.
9. Reviewing and reporting to the Board of
The Audit Committee is tasked with providing an Commissioners on complaints related to the
independent professional opinion to the Board of Company.
Commissioners on reports or matters submitted by 10. Maintain the confidentiality of all Company
the Board of Directors to the Board of Commissioners documents, data and information.
as well as identifying matters requiring the attention 11. Create, review and update the Audit Committee
of the Board of Commissioners, which include: Guidelines and Work Rules.
1. Reviewing financial information to be issued 12. Monitoring the follow-up audit results in order to
by the Company such as financial statements, assess the adequacy of internal control, including
projections and other financial information the adequacy of the financial reporting process..
and ensuring that the financial statements
are in accordance with applicable accounting Audit Committee Member Requirements
standards. 1. Must have high integrity, ability, knowledge,
2. Analyzing the Company’s compliance with experience in the field of work and be able to
the laws and regulations in the capital market communicate well.
and other laws and regulations related to the 2. Independent Party member of the Committee
Company’s activities. must have audit expertise.
3. Evaluate and analyze the Company’s audit plan 3. An Independent Party member of the Committee
and its implementation. Ensure that audits have must have expertise in finance or accounting
been carried out in the appropriate frequency for a financing company or sharia accounting
and scope and supervise the follow-up of audit for a sharia financing company or a financing
reports. company that has a sharia business unit (SBU).
4. Analyzing the independence and objectivity of 4. An Independent Party member of the Committee
public accountants as well as the suitability of must have expertise in legal matters and/or
the audit by the Public Accounting Firm (KAP) capital market.
with applicable auditing standards. 5. Understand the financial statements, the
5. Analyzing the adequacy of audits conducted by Company’s business especially those related to
KAP to ensure that all significant risks have been the services or business activities of the Company,
considered. the audit process, risk management and the laws
6. Monitoring and evaluating the planning and and regulations in the Capital Market as well as
execution of tasks of internal audit work units, other relevant laws and regulations.
the suitability of audit by external auditors to 6. Not a person in a public accounting firm or legal
audit standards, the conformity of financial consultant office or Public Appraisal Service
statements to financial accounting standards, Office or other party providing assurance
and follow-up by the Board on the findings of services, non-assurance services, appraisal
internal audit unit work units, external auditors, services and/or other consulting services to the
the results of the Financial Services Authority’s Company in the last 6 (six) months.
supervision, and/or the results of the supervision 7. Not a person who works or has the authority and
of other authorities and institutions. responsibility to plan, lead, control or supervise
the activities of the Company in the last 6 (six)
months. However, this provision does not apply
to Independent Commissioners.
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8. Members of the Audit Committee, either directly Work Ethics
or indirectly, do not own the Company’s shares. Each member of the Audit Committee is required to
In the event that a member of the Committee have good integrity, character and morals.
acquires the Company’s shares either directly or
indirectly as a result of a legal event, then within Procedure for Selection of Audit Committee
6 months after the acquisition of the shares must Members who are not members of the Company’s
be transferred to another party. Board of Commissioners
9. Committee members are prohibited from 1. The Chairman of the Audit Committee or the
having affiliation with members of the Board Board of Directors has the right to propose
of Commissioners, members of the Board of the names of candidates for members of the
Directors or the controlling shareholder of the Audit Committee from outside the members
Company or Public Company. of the Company’s Board of Commissioners to
10. Members of the Committee, either directly or the Company’s Nomination and Remuneration
indirectly, are prohibited from having a business Committee. The proposed candidate must
relationship related to the Company’s business meet the competency and independence
activities. requirements required as a member of the Audit
11. Willing to improve competence continuously Committee.
through education and training. 2. The Nomination and Remuneration Committee
12. Must comply with the code of ethics of the Audit will conduct interviews and examine the
Committee set by the Company. requirements of the candidates. After
13. Must have at least 1 (one) member with education conducting interviews and researching the
background and expertise in accounting and requirements of the candidates, the Nomination
finance. and Remuneration Committee will submit
recommendations on the candidates to be
Authority of the Audit Committee appointed as members of the Audit Committee
1. Can access Company documents, data and to the Board of Commissioners.
information regarding employees, funds, assets, 3. The Board of Commissioners will study
and other Company resources related to the the recommendations of the Nomination
implementation of their duties. and Remuneration Committee. If the
2. Communicate directly with employees, including recommendation is approved, the Board of
the Board of Directors and those who carry out Commissioners will issue a decision letter on
the functions of internal audit, risk management the appointment as a member of the Audit
and accountants regarding the duties and Committee. A copy of the appointment letter
responsibilities of the Audit Committee. was also submitted to the Company’s Board of
3. Involve independent parties other than members Directors.
of the Audit Committee as needed to assist in 4. The appointment of new members of the Audit
carrying out their duties (if necessary). Committee will be reported by the Chairman of
4. Perform other authorities given by the Board of the Audit Committee in the first GMS after the
Commissioners. appointment is made.
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Procedure for Selection of Company Audit Committee Members
General Meeting of
Shareholders (GMS)
4. Report of Change of
Membership
2. Recommendation
Board of Commissioners
3. Appointment
Nomination &
Audit Committee
Remuneration Committee
1. Candidate Nomination
1. Candidate Nominatiion
Board of Directors
Implementation of Audit Committee Duties appointed by the GMS will conduct audit to the
during 2024 Company’s financial statements as regulated
During 2024, the Audit Committee has carried out in FSA Regulation No. 9 Year 2023 concerning
its duties in accordance with the Guidelines and the Use of Public Accountants and Public
Work Rules of the Audit Committee. Accounting Firms in Financial Services Activities
was Imelda & Rekan (Firm Member of Deloitte
Implementation of the duties of the Audit Asia Pacific and Deloitte Global Network) and
Committee throughout 2024, among others: Elisabeth Imelda.
1. Reviewing the Company’s financial reports 3. Reviewing the effectiveness of internal control,
prior to submission to the Financial Services risk reporting and implementation of risk
Authority, the Stock Exchange, other institutions management and compliance with applicable
and the public, including the Annual Financial laws and regulations.
Statements for the financial year ending 4. Prepare reports on the implementation of the
31 December 2023, Financial Statements First duties of the Audit Committee to the Board of
Quarter of 2024, Financial Reports First Semester Commissioners.
of 2024, Financial Statements Third Quarter of
2024 and Annual Financial Statements for the All findings, notes and recommendations from the
financial year ending on December 31, 2024. results of the implementation of activities, review
2. Provide recommendations to the Board of and analysis of the Audit Committee during 2024
Commissioners regarding the appointment of a have been communicated and discussed with the
Public Accountant and Public Accounting Firm Company’s Management and Independent External
which the Board of Commissioners will propose Auditor, and have been reported to the Company’s
to the GMS to examine the Company’s financial Board of Commissioners for improvement and
statements. Public Accountant who has been follow-up from the Company’s Management.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 289
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Audit Committee Reporting
Report Designated To Date of Report
Audit Committee Report Board of Commissioners February 7, 2024
Audit Committee Report Board of Commissioners March 26, 2024
Evaluation Report on the Implementation of Directorate of Supervision of Financing June 28, 2024
the Audit Services for Financial Information for Institutions of the Financial Services Authority
Financial Year 2023 by Public Accountants and/
or Public Accounting Firms
Audit Committee Report Board of Commissioners June 5, 2024
Audit Committee Report Board of Commissioners August 7, 2024
Audit Committee Report Board of Commissioners September 26, 2024
Audit Committee Report Board of Commissioners December 3, 2024
Audit Committee Member Training
To improve the knowledge and quality of members of the Audit Committee, in 2024, members of the
Company’s Audit Committee attended trainings, including:
name Training Organizer Title of Training
Manggi Taruna Habir Indonesian Audit Committee Association (IKAI) Certification for Audit Committee Practices
The Indonesian Association of Financing Seminar Nasional: Tantangan Pembiayaan Tahun
Companies 2024
Jusuf Sukiman Indonesian Audit Committee Association (IKAI) Certification for Audit Committee Practices
Restiana Ie Tjoe Asian Confederation of Institutes of Internal Purposeful Impact
Linggadjaya Auditors
(ACIIA)
Indonesian Audit Committee Association (IKAI) Certification In Audit Committee Practices Review
Course Batch XLVII
Indonesian Audit Committee Association (IKAI) Certification for Audit Committee Practices
Internal Audit Education Foundation (YPIA) Cultural Transformation: Integrating ESG
Cybersecurity, and Innovative Risk Management
Lee Kuan Yew School of Public Policy Decarbonizing Southeast Asia: The Policy-Tech
Interplay
Internal Audit Education Foundation (YPIA) Seminar Nasional Internal Audit (SNIA) 2024
Audit Committee Meeting
Regulations regarding the Company’s Audit Committee Meeting:
· The Audit Committee will hold regular Committee Meetings at least once in 3 (three) months.
· Committee meetings can only be held if attended by more than (one half) of the total members.
· Committee Meeting decisions are taken based on deliberation and consensus. In the event that deliberation
and consensus does not occur, the decision is made based on the majority vote.
· Audit Committee meetings are chaired by the Chairman of the Committee.
· If the Chairman of the Audit Committee is not present, then one member of the Audit Committee who is
attending the Meeting is appointed to chair the Audit Committee Meeting.
· The results of the Audit Committee meeting must be stated in the minutes of the meeting and properly
documented.
· Differences of opinion that occur in the Audit Committee Meeting must be clearly stated in the minutes of
the meeting along with the reasons for the difference.
During 2024, the Audit Committee has held 7 (seven) meetings with the attendance rate of members of
the Audit Committee reaching 100%. This maximum level of attendance shows the high commitment of all
members of the Company’s Audit Committee.
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The brief report of the Audit Committee Meetings for 2024 is as follows:
Rapat Komite Audit
Attendance of
Committee Members
Restiana Ie Tjoe
Manggi Taruna
Jusuf Sukiman
Linggadjaya
Date Agenda
Habir
January 25, 2024 1. Final Report-Results of 2023 Audit (Deloitte) √ √ √
2. Update on ADMF FY 2023 Financial Statements.
3. 2023 Business Plan Realization.
4. Audit Achievement and Rating Full Year 2023
5. Highlighted Issues
6. Summary of Internal Quality Assurance Review Results
7. Fraud Update
April 29, 2024 1. Update on ADMF 1Q 2024 Finance Statement √ √ √
2. Update on Accounting Policy and Tax Matters
3. Audit Achievement and Rating as of March 31, 2024
4. Information Technology Audit Results
5. Fraud Update
July 25, 2024 1. Update on ADMF 1H 2024 Financial Statement √ √ √
2. Tax Matters
3. 1H2024 Business Plan Realization
4. Audit Achievement and Rating as of June 30, 2024
5. Information Technology Audit Result-Corrective Action Plan Status
6. Fraud Update
September 3, 2024 1. Change on Audit Plan √ √ √
2. Joint Audit Committe and Risk Management Committe Meeting on Fraud
Discussion
October 24, 2024 1. Update on ADMF 3Q 2024 Financial Statement √ √ √
2. Update on Tax Matters
November 21, 2024 1. 2025 Audit Plan √ √ √
2. Review Scope of Audit Work KAP Deloitte Per December 31, 2024
November 29, 2024 1. Audit Achievement and Rating as of October 31, 2024. √ √ √
2. Digital Center of Excellence Audit Results
3. Information Technology Audit Corrective Action Plan Status
4. Fraud Update
Audit Committee Performance Assessment
The performance appraisal of the committees under the Board of Commissioners consists of, among others,
assessing the level of attendance at meetings, implementation of main duties/tasks and the timeliness of
submitting required reports.
Performance appraisal of the Audit Committee in 2024:
No. Assessment Criteria Weight (%) Achievement (%) Weight x Achievement (%)
1. Meeting attendance rate 20 100 20
2. Task execution 40 100 40
3. Report submission accuracy 40 100 40
Total 100
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RISK MONITORING COMMITTEE REPORT Guidelines and Work Procedures of the
Risk Monitoring Committee
The Risk Monitoring Committee is one of the The Adira Finance Risk Monitoring Committee has
committees that assists the Board of Commissioners had a Work Guidelines and Procedures since 2011
in carrying out its supervisory function on the and has been evaluated several times and the last
Company’s performance, which is one of the main revision was on July 29, 2021.
pillars in the implementation of Good Corporate
Governance principles, as stipulated in the Charter The Risk Monitoring Committee’s Guidelines
(Work Guidelines and Procedures of the Risk and Work Rules have also been uploaded to the
Monitoring Committee). Company’s official website at www.adira.co.id.
Establishment of the Company’s Risk Membership
Monitoring Committee In accordance with the Decision of the Board of
Initially, the Risk Monitoring Committee at Adira Commissioners dated June 6, 2022, the composition
Finance was called the Corporate Risk Management of the Risk Monitoring Committee is as follows:
Committee, which was first established on August Chairman : Krisna Wijaya (Independent
30, 2004 based on the Resolution of the Company’s Commissioner)
Board of Commissioners Meeting. Member : Manggi Taruna Habir (Independent
Commissioner)
On November 29, 2005, based on the decision of Member : Rio Erriad (Independent Party)
the Company’s Board of Commissioners Meeting,
the Audit Committee and the Risk Management Information regarding the work experience and
Committee were merged into the Audit and Risk educational history of each member of the Risk
Management Committee. Monitoring Committee can be seen in the Company
Data Section - Risk Monitoring Committee Profile.
With the development of the Company’s business
and the increasing challenges that must be dealt Independence of the Risk Management
with by the Risk Management Committee, there Committee
is a need for a segregation of the Audit and Risk All members of the Risk Management Committee
Management Committee. Therefore, based on these are independent parties who have no financial,
considerations, on April 28, 2011, the Company’s management, share ownership and/or family
Audit Committee and Risk Management were relationships with members of the Board of
segregated into the Audit Committee and the Risk Commissioners, members of the Board of Directors,
Management Committee. and/or Controlling Shareholders or business
relationships with the Company, both subsidiaries
Furthermore, to comply with the provisions of and affiliated companies, which may affect their
FSA Regulation No. 29/POJK.05/2020 concerning ability to act independently.
Amendments to POJK No. 30/POJK.05/2014
concerning Good Corporate Governance for To determine the independence of the members
Financing Companies, the name of the Committee of the Company’s Risk Monitoring Committee, it
was adjusted to become the Risk Monitoring can be observed from the data on family relations,
Committee on March 30, 2021. finances, management and ownership of each
member of the Risk Monitoring Committee.
The family and financial relationships of members
of the Risk Monitoring Committee with members of
the Board of Commissioners and/or members of the
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Board of Directors and shareholders of the Company are as follows:
Family Relationship:
Family Relationship with
Controlling
Board of Commissioners Board of Directors
Shareholders
Sigit Hendra Gunawan
Manggi Taruna Habir
Eng Heng Nee Philip
I Dewa Made Susila
Swandajani Gunadi
PT Bank Danamon
Congsin Congcar
Denny Riza Farib
Takanori Mizuno
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
No. Name
Hafid Hadeli
Harry Latif
Mendrofa
1. Krisna Wijaya - - - - - - - - - - - - - -
2. Manggi - - - - - - - - - - - - - -
Taruna Habir
3. Rio Erriad - - - - - - - - - - - - - - -
Financial relationship:
Financial Relationship with
Controlling
Board of Commissioners Board of Directors
Shareholders
Sigit Hendra Gunawan
Manggi Taruna Habir
Eng Heng Nee Philip
I Dewa Made Susila
Swandajani Gunadi
PT Bank Danamon
Congsin Congcar
Denny Riza Farib
Takanori Mizuno
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
No. Name
Hafid Hadeli
Harry Latif
Mendrofa
1. Krisna Wijaya - - - - - - - - - - - - - -
2. Manggi - - - - - - - - - - - - - -
Taruna Habir
3. Rio Erriad - - - - - - - - - - - - - - -
The table below shows the relationship between the management and ownership of members of the
Company›s Risk Monitoring Committee in other finance companies:
Management and Ownership
at Other Financing Companies
Description
as Members of As Members of As Detail Description
BoC BoD Shareholders
Risk Monitoring Committee Yes No Yes No Yes No
Krisna Wijaya - √ - √ - √ All members of the Risk Management
Committee do not have management
Manggi Taruna Habir - √ - √ - √ and ownership relationships in other
finance companies.
Rio Erriad - √ - √ - √
Term of Office of the Risk Monitoring Committee
In accordance with the Guidelines and Work Rules of the Company’s Risk Monitoring Committee dated July
29, 2021, the term of office of members of the Risk Monitoring Committee may not be longer than the term
of office of members of the Board of Commissioners and may be re-elected only for one subsequent term of
office. If the Chairman of the Committee resigns before his term of office, another Independent Commissioner
will replace him.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 293
Page 296
The following is data on the tenure of members of the Risk Monitoring Committee:
Members’ Name Commencement Year End of Term
Krisna Wijaya September 30, 2021 Closing of the Annual GMS Fiscal year 2026
Manggi Taruna Habir June 6, 2022 Closing of the Annual GMS Fiscal year 2026
Rio Erriad September 30, 2021 Closing of the Annual GMS Fiscal year 2026
Duties and Responsibilities of the Risk 11. Other duties, apart from those mentioned
Monitoring Committee above, which are assigned by the Board of
The Risk Management Committee has the duties Commissioners to the Committee in accordance
and responsibilities to monitor and evaluate the with their functions and duties from time to time
planning and implementation of the Company’s risk as needed.
management.
Authority of the Risk Monitoring
The Risk Management Committee is tasked with Committee
providing an independent professional opinion 1. The Company’s Risk Monitoring Committee is
to the Board of Commissioners on reports or authorized to have full, free and unrestricted
matters submitted by the Board of Directors to access to information about employees, funds,
the Board of Commissioners as well as identifying assets and other Company resources related to
matters requiring the attention of the Board of the implementation of their duties.
Commissioners, which include: 2. In exercising its authority, the Risk Monitoring
1. Prepare an annual activity plan that is approved Committee is required to cooperate with the
by the Board of Commissioners. Company’s risk management unit and other
2. Monitor and evaluate the conformity units, if necessary.
between the Company’s risk management 3. Perform other authorities given by the Board of
policies and their implementation in order Commissioners.
to provide recommendations to the Board of
Commissioners. Implementation of Duties of the Risk
3. Monitor and evaluate the implementation of Monitoring Committee during 2024
duties of the risk management committee and During 2024, the Risk Monitoring Committee
risk management work unit. has carried out its duties in accordance with the
4. Report various risks encountered by the Guidelines and Work Rules of the Risk Monitoring
Company and the implementation of risk Committee.
management by the Board of Directors to the
Board of Commissioners Implementation of the duties of the Risk Monitoring
5. Evaluate the Company’s risk management Committee throughout 2024, among others:
policies, at least once a year. 1. Prepare an annual activity plan that is approved
6. Evaluate the accountability for the by the Board of Commissioners.
implementation of the Board of Directors’ risk 2. Evaluate the conformity between the
management policies, at least on a quarterly Company’s risk management policies and their
basis. implementation.
7. Maintain the confidentiality of all Company 3. Monitor and evaluate the implementation of
documents, data and information. the Company’s risk management in order to
8. Create, review and update the Risk Monitoring provide recommendations to the Board of
Committee’s Work Guidelines and Rules. Commissioners.
9. Organize and grant authority to conduct 4. Report various risks encountered by the
investigations within the scope of their duties. Company and the implementation of risk
10. Collaborate with outside consultants, management by the Board of Directors to the
accountants or other external parties who Board of Commissioners
provide advice to the Committee or provide 5. Evaluate the Company’s risk management
direction in connection with investigations, seek policies.
various related information from employees of 6. Evaluate the accountability for the
the collaborating parties at the request of the implementation of the Board of Directors’ risk
Committee. management policies on a quarterly basis.
294 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Risk Monitoring Committee Reporting
Reports Designated to Reportin Date
Risk Monitoring Committee Report Board of Commissioners February 7, 2024
Risk Monitoring Committee Report Board of Commissioners March 26, 2024
Risk Monitoring Committee Report Board of Commissioners June 5, 2024
Risk Monitoring Committee Report Board of Commissioners December 3, 2024
Risk Monitoring Committee Member Training
To improve the knowledge and quality of members of the Risk Monitoring Committee, in 2024, members of
the Company’s Audit Committee have attended trainings, including:
Name Training Organizer Training Title
Krisna Wijaya Indonesia Financial Services Associati National Seminar: Growing Within the Regulations
of the P2SK Law
Indonesia Risk Management Professional Riskhub International Webinar: ESG Integration in
Association (IRMAPA) & Enterprise Risk Risk Management: A Practical Exploration”
Management Academy (ERMA)
Universitas Jenderal Soedirman National Seminar: Synergy between the
Indonesian Prosecutor’s Office and the Indonesian
Ministry of State-Owned Enterprises to Optimize
the State-Owned Enterprises’ Management”
Indonesia Risk Management Professional Riskhub International Webinar “AI & Risk
Association (IRMAPA) & Enterprise Risk Management: Based on ISO 23894 & ISO 42001:
Management Academy Proactive Approaches for Sustainable Innovation”
Indonesian Banking Development Institute (LPPI) Executive Refreshment for Top Level Management
in cooperation with PT Jaminan Kredit Indonesia
Indonesian Banking Development Institute (LPPI) International Benchmarking Visit to United
Kingdom
Enterprise Risk Management Academy Risk Beyond 2024 On Enterprise Risk Management
Manggi Taruna Habir Indonesian Audit Committee Association (IKAI) Certification for Audit Committee Practices
The Indonesian Association of Financing National Seminar: Financing Challenges in 2024
Companies
Rio Erriad PT Bank Danamon Indonesia Tbk As a Trainer in Credit Analysis and Financial
Statement Training for Mortgage Risk Team
PT Bank Danamon Indonesia Tbk As Trainer in Intermediate Credit Bootcamp SME
Risk Training
Bank Tabungan Negara (Persero) Tbk As Trainer in Completion and Execution of Moving
Collateral Training for Recovery Team
Risk Monitoring Committee Meeting
Regulations regarding the Company’s Risk Monitoring Committee Meeting:
· The Risk Monitoring Committee will hold meetings as needed or at least 4 (four) times in 1 (one) year.
• Meetings can only be held if attended by at least 50% of the total number of members including one
Independent Commissioner.
• Meeting decisions are taken based on deliberation and consensus. In the event that consensus deliberation
does not occur, the decision is made based on a majority vote.
• Committee meetings are chaired by the Chair of the Committee
• If the Committee Chair is not present, then one of the Committee members who attend the Meeting is
appointed to chair the Risk Management Committee Meeting.
• The results of the Committee Meetings must be stated in the minutes of the meeting and properly
documented.
• Dissenting opinion that occur in the Meeting must be clearly stated in the minutes of the meeting along
with the reasons for the difference.
During 2024, the Risk Monitoring Committee has held 5 (five) meetings with the attendance rate of members
of the Risk Monitoring Committee reaching 100%. This maximum level of attendance shows the high
commitment of all members of the Company›s Risk Monitoring Committee.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 295
Page 298
The list of attendance at Risk Monitoring meetings during 2024 is as follows:
Attendance of
Committee Members
Krisna Wijaya
Taruna Habir
Rio Erriad
Date Agenda
Manggi
January 25, 2024 1. Approval 2023 Financial Soundness Level √ √ √
2. Risk Appetite Statement 2023
3. Update on Restructure – COVID19
4. Regular Update – Risk
- Credit Risk & Sales
- Operational Risk
- Information Risk
- Market & Liquidity Risk
- Legal Risk
- Reputation Risk
- Compliance Risk
5. Anti Money Laundering Update
April 25, 2024 1. Risk Appetite Statement March 2024 √ √ √
2. Regular Update - Risk
- Credit Risk & Sales
- Operational Risk
- Information Risk
- Market & Liquidity Risk
- Legal Risk
- Reputation Risk
- Compliance Risk
3. Anti Money Laundering Update
July 25, 2024 1. Acknowledgment: 2024 Guideline of Risk Management Implementation √ √ √
2. Risk Matrix & Risk Appetite Statement June 2024
3. Regular Update - Risk
- Credit Risk & Sales
- Operational Risk
- Information Risk
- Market & Liquidity Risk
- Legal Risk
- Reputation Risk
- Compliance Risk
4. Anti Money Laundering Update
September 3, 2024 Joint Audit Committe and Risk Management Committe Meeting on Fraud √ √ √
Discussion
October 24, 2024 1. Acknowledgment RMC & IT √ √ √
2. Risk Appetite Statement September 2024
3. Regular Update - Risk
- Credit Risk & Sales
- Operational Risk
- Information Risk
- Market & Liquidity Risk
- Legal Risk
- Reputation Risk
- Compliance Risk
4. Anti Money Laundering Update
All findings, notes, and recommendations from the results of the implementation of activities, review, and
analysis of the Risk Management Committee during 2024 have been communicated and discussed with the
Company’s Management, and have been reported to the Company’s Board of Commissioners for improvement
and follow-up from the Company’s Management.
Risk Monitoring Performance Assessment
The performance appraisal of the committees under the Board of Commissioners consists of, among others,
assessing the level of attendance at meetings, implementation of main duties and the timeliness of submitting
required reports.
Performance assessment of the Risk Monitoring Committee in 2024:
Weight x Achievement
No. Assessment Criteria Weight (%) Achievement (%)
(%)
1. Meeting attendance rate 20 100 20
2. Task Implementation 40 100 40
3. Accuracy of Report Submission 40 100 40
TOTAL 100
296 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
NOMINATION AND REMUNERATION In accordance with the Decision of the Board
COMMITTEE of Commissioners dated February 7, 2024, the
composition of the Nomination and Remuneration
The Nomination and Remuneration Committee Committee is as follows:
consists of 4 (four) members, chaired by the Chairman : Manggi Taruna Habir (Independent
Company’s Independent Commissioner. Commissioner)
Member : Daisuke Ejima (President Commissioner)
Guidelines and Work Procedures of the Member : Eng Heng Nee Philip (Commissioner)
Nomination and Remuneration Committee Member : Tri Evita Aryani (Head of Human Capital
Adira Finance’s Nomination and Remuneration & General Affairs)
Committee has had Work Guidelines and Procedures
since 2008 and has been evaluated several times, Information regarding the work experience
most recently on July 29, 2021. and education history of each member of the
Nomination and Remuneration Committee can be
The Nomination and Remuneration Committee seen in the Company Data Section - Nomination
Guidelines and Work Rules have also been uploaded and Remuneration Committee Profile.
to the Company’s official website at www.adira.co.id.
Based on the provisions of FSA Regulation No. 29/
Membership POJK.05/2020 concerning Amendments to FSA
In accordance with the Decision of the Board Regulation No. 30/POJK.05/2014 concerning Good
of Commissioners dated October 18, 2021, the Corporate Governance for Financing Companies and
composition of the Nomination and Remuneration OJK Regulation No. 34/POJK.04/2014 concerning
Committee is as follows: the Nomination and Remuneration Committee of
Chairman : Manggi Taruna Habir (Independent Issuers or Public Companies, especially the provisions
Commissioner) of Article 3 Paragraph 1 letter a, the chairman of the
Member : Daisuke Ejima (President Commissioner) Nomination and Remuneration Committee must be
Member : Eng Heng Nee Philip (Commissioner) held by an Independent Commissioner.
Member : Hafid Hadeli (Commissioner)
Member : Tri Evita Aryani (Head of Human Capital Independence of the Nomination and
& General Affairs) Remuneration Committee members
To determine the independence of the members
In connection with the resignation of Yasushi Itagaki of the Nomination and Remuneration Committee
as President Commissioner of the Company at the of the Company, it can be observed from the data
Annual GMS held on April 4, 2023, the composition on family relations, finances, management and
of the Nomination and Remuneration Committee ownership of each member of the Nomination and
until February 6, 2024 is as follows: Remuneration Committee.
Chairman : Manggi Taruna Habir (Independent
Commissioner) The family and financial relationships of members
Member : Eng Heng Nee Philip (Commissioner) of the Nomination and Remuneration Committee
Member : Tri Evita Aryani (Head of Human Capital with members of the Board of Commissioners
& General Affairs) and/or members of the Board of Directors and
shareholders of the Company are as follows:
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 297
Page 300
Family Relationship:
Family Relationship with:
Controlling
Board of Commissioners Board of Directors
Shareholders
Sigit Hendra Gunawan
Manggi Taruna Habir
Eng Heng Nee Philip
I Dewa Made Susila
Swandajani Gunadi
PT Bank Danamon
Congsin Congcar
Denny Riza Farib
Takanori Mizuno
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
No. Name
Hafid Hadeli
Harry Latif
Mendrofa
1. Manggi - - - - - - - - - - - - - -
Taruna Habir
2. Daisuke - - - - - - - - - - - - - -
Ejima
3. Eng Heng - - - - - - - - - - - - - -
Nee Philip
4. Hafid Hadeli - - - - - - - - - - - - - -
5. Tri Evita - - - - - - - - - - - - - - -
Aryani
Financial Relationship:
Financial Relationship with:
Controlling
Board of Commissioners Board of Directors
Shareholders
Sigit Hendra Gunawan
Manggi Taruna Habir
Eng Heng Nee Philip
I Dewa Made Susila
Swandajani Gunadi
PT Bank Danamon
Congsin Congcar
Denny Riza Farib
Takanori Mizuno
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
No. Name
Hafid Hadeli
Harry Latif
Mendrofa
1. Manggi - - - - - - - - - - - - - -
Taruna Habir
2. Daisuke - - - - - - - - - - - - -
Ejima
3. Eng Heng - - - - - - - - - - - - - -
Nee Philip
4. Hafid Hadeli - - - - - - - - - - - - -
5. Tri Evita - - - - - - - - - - - - - - -
Aryani
Note: Daisuke Ejima and Hafid Hadeli serve as President Director and Vice President Director of PT Bank Danamon Indonesia Tbk,
respectively
298 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
The table below shows the relationship between the management and ownership of members of the
Company’s Nomination and Remuneration Committee in other finance companies:
Management and Ownership
at Other Financing Companies
Description As Member Members
As
of Board of of Board of Detail Description
Shareholders
Commissioners Directors
Nomination and Remuneration
Yes No Yes No Yes No
Committee
Manggi Taruna Habir - √ - √ - √ All members of the Nomination and
Remuneration Committee do not
Daisuke Ejima - √ - √ - √ have management and ownership
relationships in other finance
Eng Heng Nee Philip - √ - √ - √
companies.
Hafid Hadeli - √ - √ - √
Tri Evita Aryani - √ - √ - √
Rio Erriad - √ - √ - √
Nomination and Remuneration Committee Term of Office
According to the existing regulation, the term of office of the committee members may not be longer than
the term of office of the members of the Board of Commissioners.
The following is data on the tenure of members of the Nomination and Remuneration Committee:
Members’ Name Commencement End of Term of Office
Manggi Taruna Habir October 18, 2021 Until the Closing of GMS for Financial Year 2026
Daisuke Ejima February 7, 2024 Until the Closing of GMS for Financial Year 2026
Eng Heng Nee Philip October 18, 2021 Until the Closing of GMS for Financial Year 2026
Hafid Hadeli February 7, 2024 Until the Closing of GMS for Financial Year 2026
Tri Evita Aryani October 18, 2021 Until the Closing of GMS for Financial Year 2026
Duties and Responsibilities of the Nomination of Commissioners to be submitted to the
and Remuneration Committee General Meeting of Shareholders (GMS).
The duties and responsibilities of the Nomination
and Remuneration Committee are as follows: 2. Regarding the Remuneration policy:
1. Regarding Nomination policy: a. provides recommendations to the Board of
a. Provide recommendations to the Board of Commissioners regarding:
Commissioners regarding: (1) Remuneration structure for members of
(1) composition of positions for members of the Board of Directors and/or Board of
the Board of Directors and/or members of Commissioners;
the Board of Commissioners; (2) policies on the remuneration of members
(2) policies and criteria required in the of the Board of Directors and/or the Board
nomination process; and of Commissioners; and
(3) performance evaluation policies for (3) the amount of remuneration for members
members of the Board of Directors and/or of the Board of Directors and/or Board of
members of the Board of Commissioners; Commissioners.
b. assisting the Board of Commissioners in b. assisting the Board of Commissioners in
assessing the performance of members of conducting performance appraisals in
the Board of Directors and/or members of accordance with the remuneration received
the Board of Commissioners based on the by each member of the Board of Directors and/
benchmarks that have been prepared as or members of the Board of Commissioners.
evaluation material;
c. provide recommendations to the Board Nomination and Remuneration Committee Member
of Commissioners regarding the capacity Requirements
building program for members of the Board 1. Have integrity and good character.
of Directors and/or members of the Board of 2. Have good knowledge and experience in the
Commissioners; and field of human resource management.
d. provide proposals for candidates who 3. Have adequate knowledge of the laws and
meet the requirements as members of regulations in the field of human resources and
the Board of Directors and/or members of other related laws and regulations.
the Board of Commissioners to the Board
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 299
Page 302
The Authority of the Nomination and Remuneration 2. Assist the Board of Commissioners in assessing
Committee the performance of members of the Board
1. Accessing notes or information about employees, of Directors and/or members of the Board of
funds, assets and other Company resources Commissioners based on the benchmarks that
related to the implementation of their duties. have been prepared as evaluation material.
2. Calling and requesting information from 3. Provide recommendations to the Board of
prospective members of the Board of Commissioners regarding the capacity building
Commissioners and/or prospective members of program for members of the Board of Directors
the Board of Directors and/or other senior officers and/or members of the Board of Commissioners.
of the Company to be able to provide an overview 4. Provide proposals for candidates who meet
of the capabilities and eligibility of candidates for the requirements as members of the Board of
members of the Board of Commissioners and/or Directors and/or Board of Commissioners to the
prospective members of the Board of Directors Board of Commissioners to be submitted to the
and/or senior officers of the Company. GMS.
3. The right to recommend or reject the Board of 5. In relation to the remuneration function,
Commissioners and/or candidates for members provide recommendations to the Board of
of the Board of Directors and/or senior officers of Commissioners regarding:
the Company proposed by any party. a. Remuneration structure;
b. Policy on remuneration; and
Implementation of the Nomination and c. Amount of remuneration.
Remuneration Committee Duties during 2024 6. Assist the Board of Commissioners in
During 2024, the Nomination and Remuneration assessing performance in accordance with the
Management Committee has carried out its duties in remuneration received by each member of the
accordance with the Nomination and Remuneration Board of Directors and/or member of the Board
Committee Guidelines and Work Rules. of Commissioners.
7. Determine the criteria for members of the Board
The duties of the Nomination and Remuneration of Directors, the required expertise and the
Management Committee throughout 2024 include: number of members of the Board of Directors.
1. With regard to nomination activities, provide 8. Ensure that remuneration levels are prepared
recommendations to the Board of Commissioners taking into account the financial risks, demands
regarding: and requirements of each responsibility in the
a. Composition of the positions of members related industry.
of the Board of Directors and/or Board of 9. Recommend remuneration packages for the
Commissioners; Board of Directors in the form of incentive
b. Policies and criteria required in the programs, such as the Company’s bonus
nomination process; and distribution scheme.
c. Performance evaluation policy for members 10. Manage and monitor adequate remuneration
of the Board of Directors and/or members of policies and programs.
the Board of Commissioners.
Nomination and Remuneration Committee Reporting
Report Designated Reporting Date
Nomination and Remuneration Board of Commissioners February 7, 2024
Committee Report
Nomination and Remuneration Committee Member Training
To improve the knowledge and quality of the members of the Nomination and Remuneration Committee, in
2024, members of the Company’s Audit Committee have attended trainings, including:
Name Title of Training Training Organizers
Manggi Taruna Habir Certification for Audit Committee Practices Ikatan Komite Audit Indonesia (IKAI)
National Seminar: Financing Challenges in Indonesia Financial Services Association
2024
Daisuke Ejima International Seminar: Financing Challenges Indonesia Financial Services Association
in The Amidst of Economic Slowdown
Eng Heng Nee Philip Seminar Nasional: Economic Outlook 2025 Indonesia Financial Services Association
Hafid Hadeli Seminar Nasional: Economic Outlook 2025 Indonesia Financial Services Association
Tri Evita Aryani - -
300 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Nomination and Remuneration Committee Meeting
In 2024, the Nomination and Remuneration Committee held 1 (one) meeting with an attendance rate of
100%. This maximum level of attendance shows the high commitment of all members of the Company’s
Nomination and Remuneration Committee. At the meeting, the Committee evaluates and reviews the
Company’s remuneration system.
The list of attendees for the Nomination and Remuneration Committee meetings during 2024 is as follows:
Attendance of Committee Members
Nee Philip
Eng Heng
Manggi T.
Daisuke
Tri Evita
Aryani
Date Agenda
Ejima
Habir
February 28, 2024 Bonus 2022 & Salary Increase 2024 √ √ √ √
All reports and recommendations from the results of the implementation of activities, the review and analysis
of the Nomination and Remuneration Committee during 2024 have been communicated and discussed with
the Company’s Management and have been reported to the Company’s Board of Commissioners for follow-
up from the Company’s Management.
Nomination and Remuneration Performance Assessment
The performance appraisal of the committees under the Board of Commissioners consists of, among others,
assessing the level of attendance at meetings, implementation of main duties/tasks and the timeliness of
submitting required reports.
Performance appraisal of the Nomination and Remuneration Committee in 2024:
No. Assessment Criteria Weight (%) Achievement (%) Weight x Achievement (%)
1. Meeting attendance rate 20 100 20
2. Task execution 40 100 40
3. Report submission accuracy 40 100 40
Total 100
Succession Policy
Adira Finance has and implements a succession policy for the Board of Commissioners, Board of Directors
and/or senior officials that aims to prepare for leadership regeneration in the Company. The main contents of
Adira Finance’s Succession Policy are as follows:
a. Develop and provide recommendations regarding the system and procedures for the selection and/or
replacement of members of the Board of Commissioners and Directors to the Board of Commissioners to
be submitted to the GMS.
b. Provide recommendations regarding candidates for members of the Board of Commissioners and/or
Board of Directors to the Board of Commissioners to be submitted to the GMS.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 301
Page 304
CORPORATE GOVERNANCE COMMITTEE Independence of members of the
Corporate Governance Committee
The Corporate Governance Committee is chaired by All members of the Corporate Governance
Independent Commissioner and consist of 1 (one) Committee are independent parties who do not
independent member. have financial, management, share ownership
and/or family relationships with members of the
Membership Board of Commissioners, members of the Board
As of the issuance of this Annual Report, the of Directors, and/or Controlling Shareholders or
membership of the Corporate Governance business relationships with the Company, both
Committee is as follows: subsidiaries and affiliated companies, which may
Chairman : Krisna Wijaya affect their ability to act independently.
(Independen Commissioner)
Member : Diyah Sasanti (Independent Party) The independence of the members of the Corporate
Governance Committee can be assessed based on
Information regarding the work experience their family, financial, managerial, and ownership
and educational history of each member of the relationships.
Corporate Governance Committee can be found in
the Company Data Section - Corporate Governance
Committee Profile.
The family and financial relationships of members of the Corporate Governance Committee with members
of the Board of Commissioners and/or members of the Board of Directors and shareholders of the Company
are as follows:
Family Relationship With:
Controlling
Board of Commissioners Board of Directors
Shareholders
Sigit Hendra Gunawan
Manggi Taruna Habir
Eng Heng Nee Philip
I Dewa Made Susila
Swandajani Gunadi
PT Bank Danamon
Congsin Congcar
Denny Riza Farib
Takanori Mizuno
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
No. Name
Hafid Hadeli
Harry Latif
Mendrofa
1. Krisna Wijaya - - - - - - - - - - - - - -
2. Diyah Sasanti - - - - - - - - - - - - - - -
Financial Relationship With:
Controlling
Board of Commissioners Board of Directors
Shareholders
Sigit Hendra Gunawan
Manggi Taruna Habir
Eng Heng Nee Philip
I Dewa Made Susila
Swandajani Gunadi
PT Bank Danamon
Congsin Congcar
Denny Riza Farib
Takanori Mizuno
Sylvanus Gani K.
Niko Kurniawan
Bonggowarsito
Daisuke Ejima
Indonesia Tbk
Krisna Wijaya
No. Name
Hafid Hadeli
Harry Latif
Mendrofa
1. Krisna Wijaya - - - - - - - - - - - - - -
2. Diyah Sasanti - - - - - - - - - - - - - - -
302 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
The table below presents the managerial and ownership relationships of the Corporate Governance Committee
members in other financing companies:
Management and Ownership
at Other Financing Companies
Description
as Member of as Member of As
Detail
BoC BoD Shareholders
Corporate Governance
Yes No Yes No Yes No
Committee
Krisna Wijaya - √ - √ - √ All members of the Corporate
Governance Committee do not have
Diyah Sasanti - √ - √ - √ managerial and ownership relationships
in other finance companies
Duties and Responsibilities of the 2. Communicate directly with employees,
Corporate Governance Committee including the Board of Directors and employees
The duties and responsibilities of the Corporate of the Company regarding the duties and
Governance Committee are as follows: responsibilities of the Corporate Governance
a. Reviewing, evaluating and recommending Committee.
the framework and policies as well as the
completeness of Adira Finance’s Corporate Implementation of the Duties of the
Governance; Corporate Governance Committee during
b. Monitor the implementation of Good Corporate 2024
Governance principles in all Adira Finance During 2024, the Corporate Governance Committee
business activities at all levels; has carried out its duties in accordance with
c. Reviewing, evaluating and recommending the Guidelines and Work Rules of the Corporate
programs/activities related to Adira Finance’s Governance Committee.
responsibilities to stakeholders; and
d. Carry out other duties assigned by the Board of Implementation of the duties of the Corporate
Commissioners related to the development and Governance Committee throughout 2024, among
implementation of Good Corporate Governance. others:
1. Review, evaluate and recommend the framework,
Corporate Governance Committee Member policies, guideline as well as the completeness of
Requirements Adira Finance’s Corporate Governance;
1. Have integrity and good character. 2. Monitor the implementation of Good Corporate
2. Have good knowledge and experience in Governance principles in all Adira Finance
Corporate Governance. business activities at all levels;
3. Have adequate knowledge of the laws and 3. Review, evaluate and recommend programs/
regulations in the field of Human Resources and activities related to Adira Finance’s
other related laws and regulations. responsibilities to stakeholders; and
4. In the context of implementing Integrated
Authority of the Corporate Governance Governance, the Chairman of the Corporate
Committee Governance Committee has become a member
1. Accessing records or information about of the Danamon Group’s Integrated Governance
employees, funds, assets and other Company Committee.
resources related to the implementation of their
duties.
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Corporate Governance Committee Reporting
Reporting on Designated To Date of Reporting
Adira Finance Governance Update Bank Danamon’s February 7, 2024
• Good Corporate Governance Self-Assessment Integrated Governance
• Regulatory Risk - New Regulatory for Multi-Finance Industry Committee
• Regulatory Affairs
• Update on Risk Profile
• Update on Integrated Internal Audit
Report of Good Corporate Governance Implementation in 2023 Financial Services April 30, 2024
Authority
Adira Finance Governance Update Bank Danamon’s August 9, 2024
• Good Corporate Governance Self-Assessment Integrated Governance
• Regulatory Risk - New Regulatory for Multi-Finance Industry Committee
• Regulatory Affairs
• Update on Risk Profile
• Update on Integrated Internal Audit
Training for Corporate Governance Committee Members
To enhance the knowledge and quality of the Corporate Governance Committee members, in 2024, the
members have participated in various training programs, including:
Name Training Organizers Title of Training
Krisna Wijaya Indonesia Financial Services National Seminar “Growing Within the Regulations of the
Association P2SK Law”
Indonesia Risk Management Riskhub International Webinar “ESG Integration in Risk
Professional Association (IRMAPA) & Management: A Practical Exploration”
Enterprise Risk Management Academy
(ERMA)
Indonesia Risk Management Riskhub International Webinar “AI & Risk Management:
Professional Association (IRMAPA) & Based on ISO 23894 & ISO 42001: Proactive Approaches for
Enterprise Risk Management Academy Sustainable Innovation”
Universitas Jenderal Soedirman Seminar Naional “Sinergi Kejaksaan RI dan Kementerian
BUMN RI Guna Optimalisasi Pengelolaan BUMN”
Indonesian Company Financing Executive Refreshment for Top Level Management
Institution
Indonesian Company Financing International Banchmarking Visit to United Kingdom
Institution
Enterprise Risk Management Academy Risk Beyond 2024 On Enterprise Risk Management
Diyah Sasanti ADVOKAI Pembicara seminar Pendidikan Seminar Legal Due
Diligence
Pembicara seminar Perempuan dan Keadilan dalam
Hukum
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Corporate Governance Committee Meeting
During 2024, the Corporate Governance Committee held 2 (two) meetings with 100% attendance. This
maximum level of attendance shows the high commitment of all members of the Corporate Governance
Committee.
The list of attendees for the meeting of the Corporate Governance Committee for 2024 is as follows:
Attendance
of Committee
Members
Date Agenda
Sasanti
Wijaya
Krisna
Diyah
February 6, 2024 • Good Corporate Governance Self-Assessment √ √
• Regulatory Risk
• Regulatory Affairs
• Update on Risk Management
• Update on Integrated Internal Audit
July 25, 2024 • Good Corporate Governance Self-Assessment √ √
• Regulatory Risk
• Regulatory Affairs
• Update on Risk Management
• Update on Integrated Internal Audit
All reports and recommendations from the results of the implementation of activities, review and analysis
of the Corporate Governance Committee during 2024 have been communicated and discussed with the
Company’s Management and have been reported to the Company’s Board of Commissioners for follow-up
from the Company’s Management.
The meeting plan is subject to change if there is a request from the majority of the members of the Corporate
Governance Committee.
Corporate Governance Committee Performance Assessment
The performance assessment of committees under the Board of Commissioners includes evaluating
attendance at meetings, the execution of key duties, and the timeliness of submitting required reports.
Performance appraisal of the Corporate Governance Committee in 2024:
No. Assessment Crieria Weight (%) Achievement (%) Weight x Achievement (%)
1. Meeting attendance rate 20 100 20
2. Task execution 40 100 40
3. Report submission accuracy 40 100 40
Total 100
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CORPORATE SECRETARY
Veronika Dyah Puspitaningrum
Corporate Secretary
In the Company’s organizational structure, the e. Implementation of the Company induction
Corporate Secretary reports directly to the President program for new members of the Board of
Director and is primarily responsible for managing Directors and/or Board of Commissioners
relationships with investors, the public, internal and Committees under the Board of
parties, and Company data. Commissioners.
4. Provide services to stakeholders for any
The provisions that serve as the guidelines for Adira information regarding the Company’s condition.
Finance’s Corporate Secretary: 5. As a liaison between the Company and the
• OJK Regulation No. 35/POJK.04/2014 on Company’s shareholders, regulators (Financial
Corporate Secretary of Issuers or Public Services Authority, IDX, and others), other
Companies stakeholders, and the public.
• Other regulations related to the Company, 6. Monitoring and providing feedbacks on the
including regulations on Limited Liability Company’s compliance with prevailing rules and
Companies, Capital Markets, Financial Services regulations related to the Company’s business
Institutions. activities.
7. Preparing a special list on the Board of Directors,
The duties of the Corporate Secretary include the Board of Commissioners and their families,
following: both within the Company’s Affiliated Company,
1. Keeping up with the development of the capital which includes, among others, share ownership,
market, particularly regulations applicable in the business relationship and other data that may
field of capital markets and disseminating it to provide information on the risk of conflict of
the Board of Commissioners, Board of Directors, interest with the Company.
and the stakeholders of the Company. 8. Creating and/or maintaining a list of shareholders
2. Provide inputs to the Board of Directors and including share ownership of 5% or more of the
Board of Commissioners of the Company to Company’s total shares.
comply with the requirements of the rules and 9. Maintaining and establishing intensive
regulations in the capital market. communication with investors. In 2024, the
3. Assist the Board of Directors and Board of Corporate Secretary conducted 13 (thriteen)
Commissioners in corporate governance meetings with investors or analysts.
implementation, which includes:
a. Transparency of information to the public; The following are requirements for the Corporate
b. Timely report submission to the regulator; Secretary:
c. The convention and documentation of 1. Capable of conducting legal actions;
the GMS, including the preparation of 2. Having knowledge and understanding in law,
organizing process (reporting of GMS plans, finance, and corporate governance;
announcements, summons and submitting 3. Understanding the Company’s business
the results of the GMS), the preparation of activities;
the GMS (including the Annual Report of the 4. Having good communication skill; and
Company) and convention of GMS; 5. Domiciled in Indonesia.
d. Implementation and documentation of
meetings of the Board of Directors and/or
Board of Commissioners; and
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The Corporate Secretary is appointed or dismissed by the Board of Directors, reports directly to the President
Director, and is required to prepare periodic reports at least once a year.
Since April 30, 2024, until the issuance of this Annual Report, the position of Corporate Secretary of Adira
Finance has been held by Veronika Dyah Puspitaningrum, based on the Board of Directors’ Decree No. 006/
ADMF/BOD/IV/2024.
Details of work experience and education of the Corporate Secretary are presented in the Corporate Data
section – Profile of Corporate Secretary.
Organizational Structure of Corporate Secretary:
Chief Executive Officer
Chief of Financial Officer
Head of Corporate Secretary &
Investor Relation
Head of Corporate Head of Investor
Secretary Relations & Research
Corporate Secretary Corporate Secretary Investor Relations Investor Relations
Reporting Admin Reporting Research
Activities in 2024
Activities organized by the Corporate Secretary during 2024:
1. Implementation of the Annual GMS on March 27, 2024.
2. Organizing analyst and/or investor meetings, with a total of 13 meetings held throughout 2024.
3. Maintaining communications with the Ministry of Finance, Financial Services Authority, Bank Indonesia,
Indonesia Stock Exchange, KSEI, BAE and other institutions.
4. Attending meetings of the Board of Commissioners and the Board of Directors and preparing the minutes
of the meetings.
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INTERNAL AUDIT - Allocate resources, set frequencies, select
subjects, determine scope of work, and apply
The Charter of the Internal Audit Unit (IAU) of the the techniques needed to achieve the audit
Company regulates, among others: objectives.
· Structure, position & independence of the IAU, - To obtain the necessary personnel
to enable IAU carry out its duties independently assistance, to conduct audit as well for other
and objectively. specialialized services, from within or outside
· The IAU’s vision is to conduct the best internal the organization.
audit function, in accordance to the International Obtaining information related to:
Best Practices, and to be a trusted advisor as to o Important changes to the company’s
provide proactive strategic advice and value structure, core system structure, and
added services to the Company by ensuring accounting system.
the implementation of governance principles o Incidents related to non-compliance with
aligned with the company’s strategy and policies. applicable laws and regulations.
· IAU’s mission is to provide an independent, IAU is prohibited or not authorized to:
objective assurance and act as a business partner o Perform dual duties and position outside
that provides added value and improve the IAU or perform any operational duties for
Company’s operations by bringing a systematic the Company or its affiliates.
approach to evaluate and increase effectiveness o Initiate or approve accounting
of risk management, control and governance transactions outside of IAU scope.
processes. o Direct the activities of any Comoany
· The purpose of establishing the IAU is to be able employees not employed by IAU, except
to: to the extent such employees have been
- To identify and evaluate significant risk and appropriately assigned to auditing teams
contribute in managing risk and internal or to otherwise assist IAU.
control system; o Act not in accordance to IIA’s/Company’s
- To maintain effective internal control by code of ethics.
evaluating sufficiency, efficiency and · The duties and responsibilities of the IAU include:
effectiveness of internal control systems, - Develop a flexible annual audit plan, budget
which include: and resources needed using an appropriate
1. Effectiveness and efficiency of operational risk-based audit methodology, including
activities. any risks or control concerns identified by
2. Reliability and integrity of the information. Management, and annually submit the
3. Compliance with the prevailing laws and audit plan to the President Director and the
regulations. Board of Commissioners through the Audit
4. Safeguarding of Company’s assets. Committee for review and approval;
- To provide an independent overview to Board - Implement the approved annual audit
of Commissioners via Audit Committee and plan, including any special tasks or projects
Management regarding the sufficiency of requested by Management and the Board of
internal control and to evaluate compliance Commissioners through Audit Committee;
to the policies and procedures; and - To test and evaluate the implementation of
- To provide consulting services to add value internal control and risk management system
and improve the Company’s operation. according to the Company policy;
· Accountability of the IAU, in which the IAU is - Maintain adequate numbers of audit staff
responsible for all of its activities to the President with sufficient knowledge, skills, experience
Director and functionally responsible to the and professional certification to meet the
Board of Commissioners through the Audit requirements of this charter.
Committee. - Review Internal audit policies/ procedures/
· The scope of the IAU covers all entities in PT manual to ensure compliance with applicable
Adira Dinamika Multi Finance Tbk. rules and regulations including International
· The authority of the IAU includes: Standards for the Professional Practices of
- Have unrestricted access to all functions, Internal Auditing from the Institute of Internal
activities, records, property and personnel Auditors (IPPF/IIA), and Indonesia Financial
that are relevant to its assignment and Services Authority (OJK) regulations;
functions.
- Communicate directly with, including hold
regular or ad hoc meetings, the Board of
Directors, the Board of Commisioners, Audite
Commitee, as well as Syariah Supervisory
Board (SSB)
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- Evaluate and assess significant merging/ - Have knowledge about the laws and
consolidating functions and new/revised regulations in leasing, capital markets and
product and services, process, operation and other relevant laws and regulations;
control process that related to development, - Have the ability to interact and communicate
implementation and/or expansion as both orally or written effectively;
required; - Comply with the professional standards
- Provide improvement suggestion and issued by the Institute of Internal Auditors.
objective information related to all activities - Must comply with the internal audit code of
in all managerial level that have been ethics;
examined; - Must keep the confidentiality of company
- Report Audit results, follow up of management information and/or data, unless required by
actions on the audit results, and deliver the law or court decision or determination.
report to the President Director, related - Understand the principles of good corporate
Directors and Compliance Director; governance and risk management;
- Establish a follow up process to monitor - Willing to continuously improve knowledge,
and ensure that Management actions have skills, professional capability and the
effectively and efficiently implemented, or effectiveness and quality of their service;
senior Management have accepted the risk - Has loyalty to the Company and should not
not yet mitigated; consciously be involved in activities, which
- Conduct investigation of significant deviate or against the law; and
suspected fraudulent activities within - Not concurrently hold duties and position
the Company including coordinating with other duties and/or positions related to
investigation with other units; the Company’s operational activities either in
- Inform significant and high impact the Company and its subsidiaries (if any).
investigation results to Management and · Regarding the relationship between the IAU and
the Board of Commissioners through Audit External Parties :
Committee; - Working relations between IAU and external
- Consider the scope of work of the external auditors must be acknowledged and
auditors and regulators, as appropriate, approved in advance by the Audit Committee.
for the purpose of providing optimal audit - Working relations between the IAU and other
coverage to the organization at a reasonable external parties must be known and approved
overall cost; by the President Director and must consider
- Arrange program to evaluate the quality of input from competent internal parties.
internal audit activities; and - The IAU should ensure independency of
- To conduct a special review if needed as long external party in providing services for the
as they do not affect independence. IAU.
· The IAU Code of Ethics must be adhered to and - Working relationship between IAU and
implemented by the Head and all members of external party in reference to prevailing laws
the IAU. The code of conduct covers integrity, and regulations include restriction on the use
objectivity, confidentiality, and competence. of services and cooling-off period
· Requirements to become a member of the IAU, · Internal Audit Implementation Standards, in
namely: which in carrying out its duties, IAU will comply
- Have integrity and professional behaviors, with Indonesia’s Financial Services Authority
independent, honest and objective in the Regulations (OJK), Company’s code of ethic, as
execution of its duties; well as refer to the International Standards for
- Possess knowledge and experience on audit the Professional Practice of Internal Auditing
techniques, risk management, internal from the Institute of Internal Auditors.
control systems and other disciplines relevant
to their field of duty;
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The main person in charge of the Company’s Internal Audit is the President Director whose implementation
is assisted by IAU.
The appointment of the Head of the Company’s IAU has been carried out in accordance with the provisions of
OJK Regulation No. 56/POJK.04/2015 on the Establishment and Preparation of the Internal Audit Unit Charter
and the Guidelines for the Company’s Internal Audit Work Unit, which was appointed by the President
Director on July 11, 2018 after being approved by the Company’s Board of Commissioners on July 11, 2018 and
reported to OJK on July 12, 2018. Currently, the Head of the Company’s Internal Audit Division is Haryadwi
Saputra Kartawidjaja.
Profile of Head of Internal Audit Unit
Haryadwi Saputra Kartawidjaja
Head of Internal Audit Unit
Nationality Indonesia
Place/Date of Birth Malang/November 5, 1979
Domicile Jakarta
Educational Background Bachelor’s degree in Accounting & Finance from Wrights State University in 2002
Work Experience · PT Adira Dinamika Multi Finance Tbk as Head of the Internal Audit Unit
· Citibank NA as Vice President of the Internal Audit Division
· PT Bank ANZ Indonesia as Vice President of the Internal Audit Division
· PT Bank Danamon as Assistant Vice President of the Internal Audit Division
· HSBC as Assistant Manager of the Internal Audit division
· KPMG as Senior Auditor
Trainings attend in 2024 1. K3 Protection for Financial Services Industry Workers (Leasing) Leaders Forum - Be Effective Executive
2. CAE Forum – A new era of internal audit: The adoption of GIAS and the Role of AI in Internal Audit
3. CAE Forum – A new era of internal audit: The adoption of GIAS and the Role of AI in Internal Audit
Certification · Basic Certification of Managerial Financing by the Indonesian Financing Professional Certification Agency
(SPPI)
In performing its duties, the Internal Audit Division carries out various activities such as operational audits of
branches, regions/areas, head office, and other functionalities. The main purpose of this activity is to ensure
that the risk management practices have been conducted in accordance with the Company’s written policies
and procedures as well as external regulations. The Internal Audit Division also assists to refine and strengthen
controls and provide consulting services to add value and improve organizational operations.
The scope of audit activities includes, but not limited to, comprehensive evaluations ranging from validation
of cooperation agreements with dealers, credit applications, credit approvals, assurance management, billing
process, recovery of non-performing loans and remarketing process, to financing and accounting processes,
including documentation systems.
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The following is the organizational structure of the IAU:
Audit Committee Chief Executive Officer
Head of Internal Audit
Head of
Head of Head of Head of Head of
Business &
QA & Dev Audit Regular Audit Investigation IT Audit
Support Audit
Head of Team Head of Team Head of Team Head of Head of Team
Head of Head of
QA & Dev QA & Dev QA & Dev Analytic Business &
Investigation IT Team Audit
Audit Audit Audit Investigation Support Audit
Business &
QA & Dev QA & Dev QA & Dev Investigation Investigation IT Audit
Support Audit
Audit Officer Audit Officer Audit Officer Officer Analyst Officer
Officer
Currently, the Company’s Internal Audit Unit is supported by 63 auditors with the following composition:
Position Total (Persons)
Head of Division 1
Manager 8
Supervisor 11
Auditor 24
Business & Support 3
Information Technology 2
Quality Assurance & Development 7
Fraud Investigator 7
Total 63
The human resources development program at Adira Finance’s Internal Audit Unit is conducted in accordance
with the Company’s needs and carried out on an ongoing basis. Human resources development of the Internal
Audit Unit is performed by requiring each auditor to participate in regular training both held internally by the
Company and by external parties.
The following is Internal Audit’s work plan and realization in 2024:
A. Plan and Realization
Based on the 2024 work plan, 167 audit activities covering head office, branches, regions, warehouses, and
other functionalities have been planned.
The realization of internal audit reached 168 audit assignments.
Position Plan Realization
Head Office 7 8
Branch Office 130 130
Region/ area/ warehouse 30 30
Total internal audit assignments 167 168
Each audit report is submitted to the Company’s Management and the audited party is complemented
with an action plan of improvement, including penalties if necessary. The progress of such action would be
reported by the audited party to the Internal Audit Division every month to ensure that each party audited
would always attempt to make improvements or development. In addition to submitting the audit results to
the President Director, the report is also submitted to the Audit Committee of the Company.
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Audit Plan in 2025
In 2025, the Internal Audit Unit has made a work plan with a focus on:
- updating of internal audit investigation methods and programs.
- development of internal audit human capital.
- examination of units for which the results of previous examinations are unsatisfactory or high risk
To realize this work plan, the Internal Audit Unit will continue to improve the quality of human resources and
the infrastructure to support the duties of the Internal Audit Unit.
Policy and Implementation of Meeting Frequency with the Board of Directors, Board of
Commissioners, and/or Audit Committee
The Internal Audit Unit periodically holds meetings with the Board of Directors, Board of Commissioners, and/
or the Audit Committee. As stated in the IAU Charter, Adira Finance’s Internal Audit Unit has full and free access
to hold meetings both periodically and incidentally with the Board of Directors, Board of Commissioners,
Audit Committee and Sharia Supervisory Board.
During 2024, the Internal Audit Unit has held a total of 6 meetings. The agenda for discussion at the meeting
includes:
No. Date Meeting Agenda
1 January 25, 2024 1. Audit Achievement and Rating Full Year 2023
2. Highlighted Issues
3. Summary of Internal Quality Assurance Review Results
4. Fraud Update
2 April 29, 2024 1. Audit Achievement and Rating as of March 31, 2024.
2. Information Technology Audit Result
3. Fraud Update.
3 July 25, 2024 1. Audit Achievement and Rating as of June 30, 2024
2. Information Technology Audit Result-Corrective Action Plan Status
3. Fraud Update.
4 September 3, 2024 Change on Audit Plan
5 November 21, 2024 2025 Audit Plan
6 November 29, 2024 1. Audit Achievement and Rating as of Oktober 31, 2024
2. Digital Center of Excellence Audit Results
3. Information Technology Audit Corrective Action Plan Status
4. Fraud Update
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COMPLIANCE FUNCTION
The compliance function is a series of preventive actions or steps to ensure that the business activities carried
out by the Company are in accordance with the prevailing laws and regulations.
Compliance Director Profile
I Dewa Made Susila
Direktur Kepatuhan
The Compliance Director position is also assumed by the President Director, whose profile is available under
the Directors profile section.
Compliance Function Structure
President Director
Head of Compliance
and AML
Head of Reporting & Head of Anti Money
Head of Compliance
Regulatory Laundry
Regulatory
Customer Protection Compliance Governance Relation Anti Money Laundry
Compliance
Officers Officers Officers Officer
Officers
Main duties of the Compliance Unit:
• Serve as the Company resources for applied regulations related to Financing Company;
• Devise compliance strategies and/or programs to help create a compliance culture within the Company
• Identify, measure, monitor, and manage compliance risks in line with the Company’s risk management
policy and strict adherence to Financial Services Authority regulations.
• Assess and evaluate the effectiveness, adequacy, and alignment of the Company policy, regulation, system,
and procedures to ensure regulatory compliance.
• Conduct reviews and/or recommend updates and improvements to the Company policies, regulation,
system, and procedures to ensure compliance with relevant regulatory requirements.
• Implement measures to ensure that the Company policy, regulation, system, procedures, and business
operation are fully aligned with applicable regulatory requirement.
• Submit periodic reports on the implementation of the Compliance Function to the Director in charge of the
Compliance Function, the Risk Monitoring Committee (RMC), the Parent Entity within the Conglomerate,
and the Integrated Corporate Governance Committee (ICGC).
• Serve as the liaison officer between the Company and the regulator, and build and maintaining effective
relationships with the regulator.
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• Prepare mandatory reports to be submitted by 9. The Compliance Function implementation
the Compliance Function to the regulator. report, prepared quarterly, has been submitted
• Monitor and ensure the fulfillment of to President Director the Compliance Function,
commitments to Regulator correctly and timely. RMC, and the Parent Entity within the
Conglomerate, with the report being submitted
Compliance Unit activities throughout 2023 include: semester to the ICGC;
1. Identify new regulations related to the Financing 10. Communication and coordination with
Company, with 7 new regulations*) introduced regulators;
as of 2024; 11. Reports to the regulator, including:
2. The development of a training program · Report plan, changes plan and realization
in accordance with the Financial Services annual business plan report
Authority regulations, targeted at all Company · Report plan, changes plans, and
employees through e-learning, was conducted implementation of financial literation and
in collaboration with the Corporate University. In inclusion
2024, of 34,247 employees have participated in · Report on the appointment of Public
the training program; Accountants (AP) and Public Accounting
3. Conduct a gap analysis and develop appropriate Firms (AP/KAP)
follow-up actions (if any) concerning the · Report on the actual use of AP/KAP
new regulations as stated in point 1, and · Self-assessment report on the
communicate the findings through an email implementation of consumer protection.
blast to Management and all Head of Division · Other incidental reports, such as data on
within the Company; financing disbursements for electric vehicles,
4. Indicators Monitoring Compliance is financing data on financing disbursements categorized
receivables ratio, gearing ratio, equity ratio, by debtor age and occupation, and requests
Outstanding productive financing ratio, for additional data and/or information;
Non Performing Finance, Maximum Limit of 12. In 2024, the Financial Services Authority
Financing, and Direct Capital Participation; conducted an examination of the MUFG Financial
5. Monitoring compliance with the mandatory Group Conglomerate, which is the Company is
report submissions as required by the Financial committed to completing the recommended
Services Authority regulations; improvement within the specified deadline. No
6. Implementation of Compliance Regulatory Self- administrative sanctions were imposed as result
Assessment (CRSA) for the Collection and Sales & of the examination, and it did not affect the
Service Distribution at all branch; Company’s business continuity.
7. Assessment of the 14 internal policy;
Note:
8. Implementation of the advisory function on the
*) Based on email blasts conducted by the Compliance
development and/or initiation of the Company’s Function throughout 2024
business, as well as other Company activities;
Compliance Indicators as of December 2024:
Parameter Requirement Compliance
Financing Receivables Min 40% Comply
Gearing Ratio Max 10x Comply
Equity Ratio Min 50% Comply
Capital Min 10% Comply
outstanding productive financing ratio Min 10% Comply
Non Performing Finance Max 5% Comply
Related Parties Max 50% of company equity Comply
Maximum Limit of Non Related Parties (Individu) Max 20% of company equity Comply
Financing
Financing to Non Related Parties Comply
Max 50% of company equity
(Group)
Entities in 1 group max. 10% of Comply
Direct Capital Participation
equity
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Anti-Money Laundering, Counter-Terrorism • Prepared and submitted reports to the OJK/FSA
Financing Programs , and Prevention of includes:
Financing of the Proliferation of Weapons - Individual Risk Assessment (IRA) Year Report
of Mass Destruction 2024
The Company has in place and already implements - AML, CFT and Proliferation of WMD Risk Level
anti-money laundering, terrorism financing Assessment Report to OJK
prevention, and Proliferation of Weapons Mass - Customer Data Update Plan Report to OJK
Destruction programs in accordance with the laws - Customer Data Update Realization Program
and regulations, as given below: Report to OJK.
• OJK/FSA Regulation No. 8 Year 2023 concerning • Prepared and submitted reports to PPATK which
the Implementation of Anti-Money Laundering, covered:
Prevention of Terrorism Financing and - 182 STR (Suspicious Transaction Reports),
Proliferation of Weapons Mass Destruction 149 of which consisted of presumably
Programs in Financial Services and criminal transactions in online gambling,
• OJK/FSA Circular Letter No. 37/SEOJK.05/2017 while the remaining were alleged practice
concerning Guidelines for the Implementation of corruption, embezzlement and narcotics
of Anti-Money Laundering and Prevention of abuse.
Terrorism Financing Programs in the Non-Bank - 23 Cash Transaction Report (CTR)
Financial Industry Sector - Quarterly reporting of new customers to
• INTRAC/PPATK regulations and PPATK through the Integrated Service User
• Other applicable laws and regulations related to Information System (“SIPESAT”) application;
AML, CFT and Proliferation WMD • Prepared and submitted other reports related to
the implementation of the APU-PPT program to
During 2024, to implement the AML-CFT Program, both PPATK and OJK.
the Company did the following: • Participated in training and/or seminars
• Conducted yearly review of the Guidelines for the organized by the Financial Services Authority
Implementation of the APU, PPT and PPPSPM and PPATK.
Programs on November 12, 2024;
• Published on the Company’s Official website all
information about AML, CTF & Proliferation WMD INTERNAL CONTROL SYSTEM
statement.
• Added 5,314 names to watchlist database related Operational, Financial and Compliance
to online gambling based on data published by Control Systems
OJK/FSA Internal control is implemented by the Company in
• Matched customer data with the 2024 order to ensure the achievement of:
Permanent Candidate List for the Election and 1. Operational effectiveness and efficiency;
Regional Elections and submitted customers 2. The Company’s Financial Statements are reliable
included in the list to the PPATK/INTRAC to so they can be trusted; and
fulfill their obligations as a Collaborative Analysis 3. The Company’s business activities are always in
Working Team. line with applicable laws and regulations.
• Screened and monitored prospective customer/
customer/beneficial owner profiles using the The Company’s internal control system includes,
INSTINCT sourced database from: among others, financial and operational control.
- Regulators (PPATK/INTRAC & OJK/FSA)
- Law Enforcement Officers (POLRI and KPK) Financial control consists of organizational
and structure, procedures and recording/documentation
- External vendors (World Check Refinitiv). systems related to the management and security
• Screened and monitored prospective and of the Company’s assets and the reliability of
existing employee profiles using external vendor financial records and their consequences. The
facilities (World Check Refinitiv). organizational structure, procedures and recording/
• Held training and socialization through documentation system are structured to provide
e-learning media for new employees and existing sufficient assurance in terms of:
employees, especially those whose job functions
are closely related to the Company’s AML, CFT
and Proliferation of WMD Programs.
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· Transactions are carried out in accordance with In general, the internal control carried out by the
the approval (authorization) of the management Company includes the control environment, Risk
that has been determined according to their measurement, control activities, information and
duties and responsibilities. communication technology and monitoring.
· Transactions are recorded to (1) enable
the preparation of financial statements in Control Environment
accordance with applicable accounting The control environment is the most important
standards or other criteria necessary for these component because it shapes the culture and
reports and (2) demonstrate accountability for human behavior to become aware of the importance
the management of the Company’s assets. of control. To create a control environment that
· Use of Company assets is only permitted if it is in can support the effectiveness of internal control,
accordance with Management’s authorization. the Company has implemented various policies,
· The responsibility for documenting/ including:
administering the Company’s assets is compared · Ensure that all members of the Company’s
with existing assets at any given time and management have integrity and high ethical
necessary action is taken if there are differences. values.
· Establish a corporate philosophy that is
Operational control includes organizational socialized and applied to all components within
structure and procedures as well as records relating the Company.
to the decision-making process related to the · Create an organizational structure that allows for
authorization of transactions by Management. The effective control.
approval/authorization is a management function · Encouraging the active role of the Committees
that is directly related to the responsibility for under the Board of Commissioners to supervise
achieving the Company’s objectives and is the and provide input so that internal control can
starting point for establishing financial control over run effectively.
transactions. · Define clear duties and responsibilities among
organizational units.
Responsibilities of the Board of · Establish policies on human resource
Commissioners and Directors development, so that the Company’s human
The Board of Commissioners and the Board of resources have high integrity.
Directors are committed to ensuring that Good
Corporate Governance practices are implemented Risk Measurement
properly as the basis for achieving the objectives to Risk assessment is the identification and
maintain and increase the value of the Company. assessment of the risks encountered in achieving
One of the implementations of Good Corporate the objectives. Companies are increasingly required
Governance is to ensure that the internal control to be able to recognize and manage the risks
system has been implemented adequately. of the activities they deal with to an acceptable
level. The Company perceives risk management
The Board of Directors has the responsibility to as very important; therefore, the Company has
implement a good internal control system to achieve had a Risk Management Directorate early on. The
the Company’s objectives. The Company’s internal Risk Management Directorate in carrying out its
control system is run by the Board of Directors, senior activities, is supported by the Risk Management
officers, Internal Audit and all employees of the Committee, which is responsible to the Company’s
Company. Meanwhile, the Board of Commissioners Board of Directors.
has the responsibility to supervise in order to ensure
the implementation of internal control in every The main tasks of the Directorate of Corporate Risk
business activity of the Company at all levels or Management include conducting analysis to identify
levels of the organization. The supervisory activities the risks that are being and will be encountered by
of the Board of Commissioners are supported by the Company, formulating recommendations for the
the Audit Committee and the Risk Management level of risk that can be taken by Management and
Committee, which are directly under the Board of the level of tolerance for each risk, and formulating
Commissioners. risk management policies to maintain the level of
risk in the Company.
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In addition, risk management has also received Information and communication
attention from the Board of Commissioners, which, technology
through the Risk Management Committee under The Company realizes that the control components
the Board of Commissioners, continuously oversees (control environment, risk assessment, control
and supervises risk management carried out by the activities, monitoring) will be easily realized if there is
Company’s Directors. a good and reliable information and communication
system in the organization. Information and
The Company has identified the risks encountered communication systems are said to be good and
by the Company which consist of: reliable if every member of the organization gets
1. Microeconomic risk which consists of credit a clear message about what must be done so that
risk, operational risk, market risk, liquidity risk, the overall goals of individuals, each section, and the
legal risk, compliance risk, reputation risk and company can be accomplished.
strategic risk.
2. Macroeconomic risk which consists of economic The Company already has policies as guidelines
risk, social and security risk, monetary policy risk, for information and communication technology.
exchange rate risk, risk of global crisis impact, These policies include Regulation of Access to Adira
risk of availability and demand for motor vehicles Finance Network, which is regulated in Internal
and competition risk. Memo No. MI-004/IT/ITCTRCOM/VII/2021 dated
July 28, 2021 which, among other things, regulates
Risk assessment is carried out on a quarterly the rules regarding authentication of internal and
basis to measure the level of risk being faced and external user access; desktop, email, internet, and
the estimated level of risk that will be met by the connectivity settings to or from the Adira Finance
Company. The measurement results along with network; standardization of user ID and software
recommendations for improvement or anticipation for the use of USB ports and sharing folders; and
are submitted to the Board of Directors. The results many other written policies. These guidelines are
of this analysis are also submitted to the Risk made so that the management of information and
Management Committee under the Company’s communication technology-based companies can
Board of Commissioners. be carried out effectively, efficiently, and reliably
and have a high level of security.
A more detailed explanation of risk management
performance during 2024 can be seen in the Risk The achievements made by the Information
Management Section. Technology Directorate include evaluating
and revising Adira Finance’s information and
Control Activities communication technology guidelines, including
Control activities are all policies and procedures information technology governance, the roles
to ensure that the actions needed to address and functions of Adira Finance’s information and
risks are actually implemented in order to achieve communication technology, risk management,
organizational goals. The effectiveness of control service management, and security management,
activities will depend on the accuracy in identifying as well as monitoring and evaluating utilization.
and measuring the risks carried out by the company. information and communication technology
Several policies taken by the Company in controlling systems to ensure the effectiveness of internal
activities include: control and maintain compliance with applicable
· Assign tasks, responsibilities and authorities laws and regulations.
in accordance with the functions of each
organizational unit.
· Prepare good data recording/administration and
storage of Company documents.
· Prepare the security of Company data and
documents properly.
· Conduct an assessment or examination of the
Company’s performance by an independent
party such as a public accounting firm.
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Monitoring Review of Effectiveness and Management’s
The entire process should be monitored, and the Statement on Internal Control System
necessary modifications made. Thus, the internal Evaluation of the internal control system
control system is dynamic and changes according implemented by the Company is carried out
to the demands of the conditions. periodically and at any time if necessary by
involving the Company›s Internal Audit as well as an
Monitoring is a continuous effort to ensure that Independent External Auditor.
every movement of the company is synergistically
leading to efforts to achieve goals. This is done by While aware that it is nearly impossible to have in
reassessing the strength of the control environment, place an internal control system that can eliminate
risk assessment efforts, and selection of control all existing business risks, that does not waver the
activities. An important element in monitoring is Company’s commitment to manage and control
reporting on deviations and deficiencies. these risks to a minimum. The Company considers,
based on the results of the evaluation it made in
Monitoring and evaluation is carried out, among 2024, that the internal control system that it has
others by: been implementing is need-driven and can ensure
· Supervision of each level of management within the achievement of the Company›s objectives.
the Company.
· An accountability and assessment system that In the view of the Board of Directors, the Company
allows for an assessment of each member of the has a robust internal control system with all
management and units within the Company’s supporting tools that can anticipate and manage
organization. risks with due consideration of changes in the risk
· Implementation of supervision through internal profile due to the recent shift in business strategy,
audit conducted by the Internal Audit Unit. some external factors, and regulatory provisions.
· Implementation of supervision through
examination by independent parties such as This can be seen from the results of the assessment
public accounting firms. and recommendations from the Internal Audit
· Implementation of supervision by the Board of Division, which showed better progress, except
Directors. for the results of the Internal Audit Division›s
· Supervision by the Audit Committee, particularly examination of the newly established business
in relation to the Company’s financial records. network of the Company, which is still in the process
· Supervision by the Risk Management Committee, of improving and perfecting procedures. Similarly,
particularly with regard to operational activities the results of the examination from the Company›s
and the Company’s compliance with applicable External Auditor.
laws and regulations.
· Supervision by the Board of Commissioners of
the entire implementation of the Company’s
management activities carried out by the Board
of Directors.
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PUBLIC ACCOUNTANT External Auditor may not be under the control of
the Board of Commissioners, Board of Directors
To ensure that the Company’s financial statements or other interested parties in any form.
have been presented properly and correctly, and 4. The appointment of a Public Accounting Firm
in accordance with the articles of association and by the GMS has been reported to FSA on April
the Regulation of the Financial Services Authority 26, 2024 in accordance with the provisions of
No. 14/POJK.04/2022 concerning the Submission FSA Regulation No. 13/POJK.03/2017 concerning
of Periodic Financial Reports of Issuers or Public the Use of Public Accountants and Public
Companies, the Company appoints an External Accounting Firms in Financial Services Activities.
Auditor.
External Auditor Duties and Assignment
Appointment Mechanism Period
The appointment of the Company’s External Auditor The task of the Independent External Auditor is to
for the 20241) financial year has been carried out with examine and provide an opinion on the Company’s
due observance of the provisions of FSA Regulation financial statements as of and for the year ended
No. 13/POJK.03/2017 concerning the Use of Public December 31, 2024. The appointed Independent
Accountant Services and Public Accounting Firms in External Auditor is responsible for expressing his
Financial Services Activities and FSA Circular Letter opinion on the compliance of the audited financial
No. 36/SEOJK.03/2017 concerning Procedures for statements in accordance with generally accepted
Using the Services of Public Accountants and Public accounting principles in Indonesia and providing
Accounting Firms in Financial Services Activities recommendations for improvements to the
with the following mechanism: Company’s weak internal controls.
1. Based on the input from the Company and taking
into account the provisions of the applicable The year 2024 was the third year for Public
laws and regulations regarding the use of public Accounting Firm Imelda & Partners (member
accounting services and public accounting firm of Deloitte Asia Pacific and Deloitte Global
firms and financial services and capital market Network) as the Company’s Independent External
activities, the Company’s Audit Committee Auditor. The Public Accountant who represents the
recommends to the Board of Commissioners implementation of the 2024 financial statement
of the Company to propose to the GMS to audit mentioned above is Elisabeth Imelda.
appoint a Public Accounting Firm Imelda &
Partner (member firm of Deloitte Asia Pacific Audit Service Fee
and Deloitte Global Network) as the Company’s The fee for professional audit services to audit the
External Auditor and Elisabeth Imelda as Public Company’s Annual Financial Statements for the
Accountant to examine and provide an opinion 2024 financial year is IDR1,600,000,000 (one billion
on the Company’s financial statements for the six hundred million Rupiah).
financial year ending December 31, 2023.
2. Based on the recommendation received from External Auditor’s Other Services
the Audit Committee, the Company’s Board During 2024, Public Accounting Firm Imelda &
of Commissioners at the GMS held on March Partners (member firm of Deloitte Asia Pacific and
27, 2024, proposed the appointment of Public Deloitte Global Network) provided other services as
Accounting Firm Imelda & Partners (member follows: Report on Prudential Principal Application
firm of Deloitte Asia Pacific and Deloitte Global Activities at a cost of IDR75 million.
Network) and Elisabeth Imelda as a Public
Accountant to be appointed as the Company’s Declaration of Independence
Independent External Auditor. In carrying out their duties, the External Independent
3. The Annual GMS which has the right to appoint Auditor stated that there was no conflict of interest
an Independent External Auditor, at the Annual in the conduct of the audit.
GMS held on March 27, 2024 has decided to
appoint Public Accounting Firm Imelda & External Auditor and Audit Committee
Partners (member firm of Deloitte Asia Pacific Communication
and Deloitte Global Network) and Elisabeth In order to carry out their duties, the External
Imelda as a Public Accountant to examine the Auditor communicates with the Company’s Audit
Company’s financial statements for the 2024 Committee, then the results of the communication
financial year. The appointed Independent are reported to the Board of Commissioners by the
Audit Committee.
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In 2024, 3 (three) meetings were held between the Audit Committee and the External Auditor, namely on
January 25, 2024, November 21, 2024 and December 19, 2024.
Data on Public Accountants who audit the Company’s books:
Fiscal Audit Service
Public Accounting Firm Name of Accountant Type of Service
Year Cost
2024 Imelda & Partners (member firm of Elisabeth Imelda Financial Statement Audit IDR1,600,000,000
Deloitte Asia Pasifik and Deloitte Global)
2023 Imelda & Partners (member firm of Elisabeth Imelda Financial Statement Audit IDR1,600,000,000
Deloitte Asia Pasifik and Deloitte Global)
2022 Imelda & Partners (member firm of Elisabeth Imelda Financial Statement Audit IDR800,000,000
Deloitte Asia Pasifik and Deloitte Global)
2021 Imelda & Partners (member firm of Bayu M. Dayat Financial Statement Audit IDR800,000,000
Deloitte Asia Pasifik and Deloitte Global)
2020 KAP Tanudiredja, Wibisana, Rintis & Drs. M. Jusuf Wibisana, Financial Statement Audit IDR1,065,000,000
Partners (Member firm of PwC Global M.Ec., CPA
Network)
External Auditor’s Opinion on the Company’s Financial Statements
The Company’s Financial Statements are prepared in accordance with Indonesian Financial Accounting
Standards and have been audited by KAP Imelda & Partners (a member firm of Deloitte Asia Pacific and Deloitte
Global) based on the Auditing Standards established by the Indonesian Institute of Public Accountants. In the
auditor’s opinion, the Company’s Financial Statements fairly present, in all material respects, the Company’s
financial position as of December 31, 2024, as well as its financial performance and cash flows for the year then
ended, in accordance with Indonesian Financial Accounting Standards.
External Auditor Evaluation
To ensure that the External Auditor has carried out his duties in accordance with applicable regulations, the
Company’s Audit Committee evaluates the implementation of the duties of the External Auditor appointed
by the GMS on March 27, 2024, and reports the results of the evaluation to the FSA on June 28, 2024. This
is in accordance with the provisions of Article 14 and Article 28 Paragraph 1 letter b FSA Regulation No. 13/
POJK.03/2017 concerning the Use of Public Accountants and Public Accounting Firms in Financial Services
Activities.
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and Analysis Responsibility
RISK
MANAGEMENT
Risk management is one of the important aspects for
the Company in ensuring the Company’s business
continuity. The main purpose of implementing risk
The Company continues management practices is to maintain and protect
to work to establish and the Company through the management of risk
develop a strong risk losses that may arise from its various activities
and maintain the level of risk in accordance with
culture, implement Good
established directives.
Corporate Governance
practices, preserve The Company continues to work to establish and
regulatory compliance develop a strong risk culture, implement Good
Corporate Governance practices, preserve regulatory
values, provide adequate
compliance values, provide adequate infrastructure,
infrastructure, and and structure and sound work processes.
structure and sound work
processes. The Company has adopted the “Consolidated
Application of Risk Management for Banks
Undertaking Control of Subsidiary Companies,”
which the Company carries out in its capacity as a
Subsidiary Company of PT Bank Danamon Indonesia
Tbk (Bank Danamon), the controlling shareholder
of the Company, which refers to Bank of Indonesia
Regulation No. 1 8/6/PBI/2006 dated January 30,
2006, amended with Financial Services Authority
Regulation No. 1 of 2006. 38/POJK.03/2017.
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Since 2016, the Company has had Guidelines business activities and to work closely with the
for Implementation of Risk Management in business/operational function in order to ensure
accordance with OJK Circular No. 10/SEOJK.05/2015 that the risks taken has been appropriately
concerning Guidelines for the Implementation identified, measured and managed based on the
of Risk Management for Non-Bank Financial agreed parameters and reported to the related
Services Institutions, which have been amended parties.
with the latest regulations, namely POJK No. 10/
SEOJK. 44/POJK.05/2020 on the Application of The Company also has an Operational Risk
Risk Management for Non-Bank Financial Services Management Division and Information Risk
Institutions. Management Division, which oversee the
implementation of operational risk management,
The success of risk management in the and a Quality Assurance Division, which is tasked
Company depends on the effectiveness of the with ensuring that risk management guidelines/
risk management framework that provides the policies are properly implemented by the
foundation for the Company. The Company’s risk business/operational function.
management framework consists of:
1. Three Line of Defense Approach The Compliance Division is responsible for
2. 4 (four) Pillars in implementing the risk managing compliance risk and ensuring that all
management at the Company, including: the regulations issued by the Financial Service
a) Active supervision of the Board of Directors, Authority (OJK), as well as other authorities, have
Board of Commissioners and Sharia been socialized and followed by all business/
Supervisory Board (DPS). operational functions and/or other related parties
b) Adequacy of risk management policies and in all activities and levels of the organization.
procedures, as well as limit setup.
c) Adequacy of risk identification, measurement, C. Third Line of Defense
control, and monitoring processes, as well as Internal Audit acts as the third line of defense
the risk management information systems. in the risk management framework and
d) A comprehensive internal control system. control through independent tests and audits
3. Risk awareness and risk culture on compliance of its business/operational
4. Reporting function and supporting function process in
order to ensure that they have performed their
1. THREE-LINE DEFENSE APPROACH function and responsibility and follow the risk
management guidelines and procedures.
A. First Line of Defense
The business/operational function acts as the 2. RISK MANAGEMENT IMPLEMENTATION
first line of defense and are responsible for
identifying, evaluating, control and mitigate A. Active Supervision by the Board of Directors,
the risks in business. The business/operational Board of Commissioners and Sharia Supervisory
function has the main responsibility in managing Board (DPS)
risk exposures that emerge in every business The implementation of risk management
opportunity which is consistent with the target involves active supervision from the Board of
market and has been approved for its business. Directors and Board of Commissioners of the
Company. Therefore, the Board of Directors and
Senior management plays an important role Board of Commissioners should understand
in ensuring that the business/operational the risks, provide direction, perform supervision
function has effectively acted as the “First Line and mitigate risks, develop risk management
of Defense” in the Risk Management Framework culture, ensure adequate organization structure,
and Control. assign tasks and responsibilities of each working
unit, and ensure sufficient quantity and quality
B. Second Line of Defense to support the effective risk management
In the implementation of risk management at implementation.
the Company, the Risk Management Directorate
acts as a key unit in providing the second line of In practice, committees are formed at the level
defense. of the Board of Commissioners such as the Audit
Committee, the Risk Monitoring Committee,
The Risk Analytics & MIS Division carries out the Nomination and Remuneration Committee,
independent monitoring and is expected to and the Governance Committee. Meanwhile at
review and approve the risk limits for various the Board of Directors level, a Risk Management
Committee was formed.
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of risk, considering to the risk appetite
Besides that, at the level of the Board of and risk tolerance to the condition of the
Directors, committees were also formed to Company and taking into account the
specifically monitor operational risk, namely the impact of risk on capital adequacy.
Operational Risk Management Committee, Anti- · Directors stipulate the Guideline of Risk
Fraud Management function and Information Management Implementation after
Technology Supervisory Committee (KPTI) which obtaining approval from the Board of
supervises the development of the Company’s IT Commissioners.
system, as well as a committee that specifically · Ensure that all policies, stipulations,
monitors market and liquidity risks, namely the system, procedures, as well as business
Asset and Liability Committee. activities conducted by the Company are
comply with the applicable law.
In carrying out business activities under the · Evaluate and update risk management
Sharia principles, the Sharia Supervisory Board strategies, policies and procedures or
(DPS) must be placed in the Sharia Business the Guideline of Risk Management
Unit (UUS) of the Company and appointed at the Implementation at least 1 (one) time in 1
General Meeting of Shareholders (RUPS) after (one) year or more frequently in the event
getting recommendation from National Sharia of significant changes.
Board – Majelis Ulama Indonesia and approval b) Responsible for the implementation of risk
from Financial Services Authority (OJK) and has management policies and comprehensive
been reported to Financial Services Authority risk exposure taken by the Company,
(OJK) based on applicable regulations. including among others:
· Evaluate and provide direction based
i. Authority and Responsibilities of the on reports submitted by the risk
Directors, Board of Commissioners and management function including report
Sharia Supervisory Board (DPS) on risk profile.
The authorities and responsibilities of the · Take the necessary actions in accordance
Directors, Board of Commissioners and Sharia with the Company’s risk profile.
Supervisory Board (DPS) are as follows: · Ensure that all major risks and impacts
a) Directors, Board of Commissioners arising from these risks have been
and Sharia Supervisory Board (DPS), in followed up and submit accountability
accordance with their respective scopes of report for these follow-up actions to the
authority are responsible for ensuring that Board of Commissioners periodically.
the implementation of risk management · Ensure the implementation of corrective
is effective in accordance with the action of problems or deviations in
characteristics, complexity and risk profile of business activities found by the internal
the Company. control function or the Internal Audit.
b) The Board of Directors and Board of · Submit accountability reports on the
Commissioners must ensure that each implementation of risk management
function in the Company implements risk policies and risk exposures taken by
management. the Company to interested parties on
c)Directors must ensure the clarity of a regular basis (including the Board of
authority and responsibility for risk Commissioners and Sharia Supervisory
management, the adequacy of a system for Board (DPS))
measuring risk, an adequate limit structure c) Evaluate and decide on transactions and risk
for risk taking, effective internal control limits that require the approval of the Director,
and a comprehensive, periodic and timely including preparing and establishing a
reporting system. transaction approval mechanism, including
those that exceed the limit of authority for
The Board of Directors has authority and each level of position.
responsibility in terms of: d) Develop risk management culture at all levels
a) Prepare written and comprehensive risk of the organization, including by building risk
management policy and strategies, including awareness.
among others: e) Establish organization structure in the risk
· Prepare and update the procedures and
tools to identify, measure, monitor and
control risk.
· Prepare risk limits for overall and each type
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 323
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management implementation. recommendations for product and service
f) Ensure the improvement of human resource that require review and decisions from the
competencies related to risk management. National Sharia Council.
g) Ensure that the risk management function
operates independently. ii. Human Capital (HC)
h) Carry out regular reviews to ensure: Regarding the responsibility for implementation
· The accuracy of the risk assessment of risk management related to HC at the
methodology. Company, the Directors should:
· Adequacy of the risk management a) Establish HC qualifications for each position
information system implementation. related to risk management implementation.
· Appropriateness of risk management b) Ensure adequacy of quantity and quality
policies and procedures and determination of HC in the Company and ensure the
of risk limits. mentioned HR understands the duties
and responsibilities related to the risk
Board of Commissioners has authority management implementation.
and responsibility in risk management c) Develop activities related to HC to ensure the
implementation in terms of: availability of competent risk management
a) Approve the Guideline of Risk Management personnel.
Implementation as prepared by the President d) Ensure the effectiveness of the management
Director – Chief Executive Officer and Director and improvement of HC competencies
– Chief of Risk Officer by considering the risk related to risk management implementation.
appetite and risk tolerance. e) Assign competent officers and staff in the
b) Evaluate Guideline of Risk Management working unit based on the nature, quantity
Implementation at least once a year or at any and complexity.
time if there are any significant changes. f) Ensure the assigned officers and staff at
c) Evaluate the accountability of Directors and each working unit have: understanding of
provide direction for periodic improvements the inherent risks, understanding of relevant
on implementation of the Risk Management risk factors, market conditions that affect
Implementation Guidelines. the Company and its impact, and the ability
d) Evaluate and decide on a request from the to communicate the risk implications in a
Director related to transaction and risk limit timely manner.
that requires the approval of the Board of g) Ensure that all HC understand the strategy,
Commissioners. the level of risk taken, risk tolerance and risk
e) Establish a Risk Monitoring Committee management framework and implement
to monitor the implementation of risk those consistently.
management at the Company.
The Company has a director who is responsible
Sharia Supervisory Board has authority and for the fulfillment of the Company’s HC in
responsibility in terms of: accordance with risk appetite and risk tolerance,
a) Evaluating risk management policies and namely the Director – Chief of HC Management
strategies related to compliance with Sharia and CREM Officer.
principles on a regular basis or with a more
frequency in the occurrence of a significant iii. Risk Management Oraganization
change. To implement comprehensive and effective
b) Evaluating the accountability of the Director risk management, the Company establishes
for the implementation of risk management a risk management organization structure
policies related to compliance with Sharia that includes functions in accordance with the
principles on a regular basis. Evaluation is policies, size, and complexity of the Company’s
carried out to ensure that risk management activities.
policies and processes are implemented in
accordance with Sharia principles At the Board of Commissioners level, the
c) Acting as advisors and providing Company established a Risk Monitoring
recommendations to the Directors and Sharia Committee, while at the Directors level, the
business management regarding matters Company established a Risk Management
related to Sharia principles. Committee, and the Company also has a Risk
d) Coordinating with the National Sharia Management Function, whose function is to
Council to discuss Company proposals and assist the Board of Directors regarding the risk
management implementation at the Company.
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a) Risk Monitoring Committee appetite, risk tolerance and contingency
It is a risk committee at the Board of as a plan to anticipate the abnormal
Commissioners level. The Committee conditions.
member should comprise at least an • Improvement or adjustment of risk
Independent Commissioner, an independent management implementation based on
party who has expertise in finance, and an evaluation results of risk management
independent party who has expertise in risk implementation.
management. • Review various risks faced by the
Company and other significant risk issues
The main role of the Risk Monitoring on a regular basis.
Committee is to monitor, and provide • Implementation of risk management
recommendations to the Board of processes and improvements that aligned
Commissioners that include: with external and internal changes that
• Evaluate the Guideline of Risk may affect the capital adequacy level and
Management Implementation and the risk profile.
implementation of its policy. • Risk organization structure in the
• Evaluate the accountability of Directors in Company as to ensure that risk
the implementation of risk management management processes are in accordance
policy at least every quarter. with organization developments.
• Monitor and evaluate the execution • The alignment of the implementation of
of Risk Management Committee activities with the prevailing rules and
and risk management function in regulations.
providing recommendations to Board of • Establishment of provisions to
Commissioner. accommodate potential inherent risks
• Risk management policies/documents/ and to ensure availability of disaster
reports that require the approval recovery procedures.
of the Board of Commissioners, as • Steps to handle a risky event and
recommended by the Board of Directors. comprehensive decisions that are related
to risk issues / events.
Detail explanation about roles and • Determination of policies and/or business
responsibilities of Risk Monitoring Committee decisions that deviate from normal
refer to the Risk Monitoring Committee procedures.
Charter and Code of Conduct.
c) Risk Management Function
b) Risk Management Committee The Company already has a risk management
It is a risk committee at the Board of Directors function, namely the Risk Management
level. The Company has established a Directorate, which has a risk management
Risk Management Committee that acts in role and responsibility for the Company.
providing recommendations to Directors
in risk management implementation, The organization structure in the Risk
such as the development, improvement, Management Directorate has functions that
and enhancement of guidelines of risk are independent of business/operational
management implementation. functions in the Company, namely as follows:
• Operational Risk Management Division
The members of the Risk Management (and include Anti-Fraud Management
Committee are Directors and other related function).
Senior Management. The chairman is the • Risk Analytics & MIS Division (and include
Director or Senior Management who is in Market & Liquidity Risk function), which is
charge of risk management. an independent function of the Company’s
business and operational function.
The main role of Risk Management Committee • Information Risk Management Division
is to evaluate and provide recommendations • Quality Assurance Division
to the President Director – Chief Executive
Officer to monitor risks in relation to:
• Development of risk management
strategy, policy and framework, risk
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The organizational structure of the Directorate of Risk Management can be illustrated in the following chart:
President Director-Chief
Executive Officer
Director-Chief Risk & Legal Officer
Deputy Director-Head of Risk
Management
Credit Policy
Operational Risk Information Risk
Development & Business Risk Analytics & MIS Quality Assurance
Management Management
Incubation
Risk Management Directorate is a unit led • Socializing the risk policies and strategies
by the Director—Chief of Risk Officer, who to all related units.
directly reports to the President Director • Recommending portfolio limits and
– Chief Executive Officer related to risk ensuring compliance with the limits.
management implementation at the • Assess and monitor overall risk exposures,
Company. for each type of risk and type of functional
activity and perform test using scenarios/
Director – Chief of Risk Officer has operational assumptions of stress condition and
responsibility to supervise and control all testing using historical data.
risks, including the responsibility to provide • Ensuring that risks are accurately
recommendations for all risk-related policies. measured, and that the data is reported
Director – Chief of Risk Officer has a structural appropriately.
responsibility to the President Director – • Evaluating the accuracy of the model and
Chief Executive Officer and is functionally validating the data used to measure risk, if
responsible to the Risk Monitoring the Company uses the model for internal
Committee. Director – Chief of Risk Officer is purposes.
also the Chairman of the Risk Management • Provide recommendations for business /
Committee. operational functions and/or to the Risk
Management Committee, in accordance
The Risk Management Directorate has with their respective authorities.
authorities and responsibilities for: • Evaluating the potential losses under
• Defining the risk architecture and different scenarios and relating that to the
developing an overall risk management Company’s capital capability to bear that
strategy. This includes the Guideline risk.
of Risk Management Implementation, • Preparing the risk profile report to
main policies, procedures and controls, Directors and Board of Commissioners,
and including contingency plan in any and OJK on a regular basis.
abnormal external conditions. • Examining business plan risk (including
• Identifying risk includes inherent risk of proposed activity plan and/or
business activities. development new product).
• Developing risk measurement method • Ensuring that there is a strong risk culture
according to the size and complexity of and awareness within the risk-taking
the Company’s business. units.
• Monitoring the implementation of risk • Ensuring that experienced and competent
management strategies prepared by the people are assigned to important risk
Director. position in all functional areas.
• Regularly reviewing the risk management • Ensuring the availability of Disaster
strategies, policies and processes as well Recovery Plans and Business Continuity
as recommending changes (if necessary) Plans.
to the Risk Management Committee.
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• Ensuring the availability of fraud risk adequacy, and to control and manage risk
management is in all critical area. comprehensively at the Company.
• Ensuring the availability of strict
control over information security and The risk management strategy is prepared
documentation. by considering internal conditions (HR,
• Performing stress testing to assess infrastructure, capital) and external conditions
the impact of significant changes in (economic conditions) and is in line with the
macroeconomics condition to Company’s Company’s risk appetite and risk tolerance.
portfolio.
• Evaluating the accuracy of the internal ii. Risk Appetite and Risk Tolerance
model and validity of the data used to In the preparation of the risk management
measure risk. policy, Directors of the Company provide clear
• Providing information to the Risk direction regarding Company’s risk appetite
Management Committee regarding and risk tolerance, which will be considered in
some issues related to risk management the preparation of the risk management policy,
implementation that need to be followed including limit setup.
up.
• Evaluating the proposal of new line of In determining risk tolerance, the Company
business which is strategic and impacted considers its strategies and goals as well as risk-
significantly to risk exposure. bearing capacity.
d) Other Working Unit iii. Risk Management Policies and
Risk Management Directorate in managing Procedure
8 (eight) risks in the Company, collaborating The Company has risk management policies
with other working units/divisions related to and procedures as outlined in the Guideline of
each risk. Risk Management Implementation that are
prepared based on Financial Service Authority
For working units/divisions that work (OJK) regulations and other related authorities
together for each risk, it will be discussed in and other applicable stipulations, which will be
the discussion of each risk. reviewed and updated regularly to accommodate
the occurred changes.
B. Risk Management Policy, Procedure and Limit
Setup The guideline of Risk Management
The risk management implementation is Implementation is a written guideline that is
supported by a framework that covers strategies, used in risk management implementation as
policies, procedures, and limit setups that well as should be consistent with the vision,
are clearly defined and in line with the vision, mission, and strategic plan of the Company.
mission, and business strategy.
Guidelines of Risk Management Implementation
The risk management implementation also are established to ensure that the Company
includes a feedback process based on accurate consistently maintains risk exposures with
and qualified information so that it is adaptive to internal policies and procedures, as well as
changing conditions faced by the Company. external regulations, laws, regulations, and
other related stipulations, and is managed by
The formulation and implementation of officers who have knowledge, skill, and expertise
strategies, policies, procedures, and limit setups in risk management, in line with the business
are conducted by considering the type of complexities.
business, the complexity of business activities,
the risk profile, the risk appetite, adequate When viewed from the policy side, the Guideline
capital, qualified human resources, and adequate of Risk Management Implementation contains
infrastructure as well as regulations set by the at least:
authorities and/or other related parties. a) Determination of risks associated with
business activities (products, services and
i. Risk Management Strategy transactions) in the Company.
A risk management strategy is prepared for
the long-term goals to ensure the business’
sustainability, to achieve expected capital
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b) Methods in identifying, measuring, The Risk Management Directorate is responsible
monitoring and controlling risks as well as to do centralized coordination for all risk
risk management system information. management policies and implementation in
c) Determination of the level of risk to be the Company.
taken determination of risk tolerance and
determination of risk limits. iv. Risk Limit Setup
d) Data, reporting format and type of information The Company has a limit setup based on risk
in the risk management report. appetite, risk tolerance, and strategy.
e) Authority and limit size in tiers.
f) Risk profile rating as the basis for risk Limit is used as a threshold to determine the
management implementation. which intensity level of risk mitigation, which will be
refer to the regulation of the Financial implemented by management. The Company
Services Authority (OJK) or other authorized has the approval mechanism if there is any limit
authorities. deviation from the approved limit.
g) The organization structure that formulates
roles and responsibilities of Board of The amount of limit proposed by each working
Commissioners, Directors, committees, risk unit covers the risks faced by the Company
management function and others working and must obtain approval from the Directors
unit. or the Board of Commissioners through the
h) Business Continuity Plan or Business Risk Monitoring Committee, or the Directors in
Continuity Management, including disaster accordance with their respective authorities.
recovery plan and contingency plan.
BCP/BCM policy preparation involves related The risk management limit should be reviewed
working units and is flexible; BCP/BCM test, at least once a year or more frequently if there
evaluation and update is conducted regularly is any significant changes, as to ensure that the
by the Internal of the Company. performed practice complies with the expected
i) Internal control system in risk management risk limits.
implementation.
The Company has already had a risk management
The guidelines of Risk Management limit at the Company level, which is stated in the
Implementation cover risk management policies Risk Appetite Statement (RAS).
in general and for each risk, as well as how they
should be relevant to be implemented in the The components included in the Company’s Risk
Company. Appetite Statement (RAS) include:
a) Applicable regulatory requirements.
If viewed from the procedural side, the Guideline b) Parameters as to maintain a strong Company’s
of Risk Management Implementation contains Financial Soundness Level based on the
at least: consideration of the Board of Commissioners
a) Accountability and clear delegation of and Directors.
authority. c) Management’s responsibility to ensure
b) Review is carried out periodically at least strategic fit.
once a year or from time to time if there is a d) Business room to grow to meet the annual
significant change. financial targets.
c) Adequate procedural documentation to
facilitate the review and audit trail. Some considerations used in determining
Risk Management limits in the Risk Appetite
In addition, the Company also has policies and Statement (RAS) are a combination of the
procedures to manage risks inherent in the following, but not limited to:
development or expansion of business activities a) Comparison with peer/similar companies.
in the Company, where these policies and b) Regulatory limits.
procedures are prepared in accordance with the c) Stakeholder views.
risk appetite to be taken by the Company and d) Expert judgment.
regulations from regulators. e) Historical and/or expected risk profile.
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
f) Targets set by the Board of Commissioners. b) Ensure the availability of sufficient, proper
and accurate data and information.
The Company monitors the Risk Appetite c) Develop methodology or model that
Statement (RAS) on a monthly basis, and the is appropriate for each type of risk.
review will be carried out at least once in 2 (two) The methodology or model should be
years or more frequently if there are changes documented.
such as: d) Have an adequate risk measurement
a) Regulatory changes application and know the limitation of that
b) Changes in risk model assumptions technology (in case the risk measurement is
c) Material incident and/or loss using application).
d) Company condition e) Test the actual result against the expected
results to validate the methodology or model.
C. Risk Identification, Measurement, Control and f) Evaluate / conduct regular review regarding
Monitoring; and Risk Management Information the assumptions, data sources, and
System procedures that are used to measure risks.
Risk management Implementation is g) Conduct improvement on measurement
implemented through risk identification, methodology if there are any significant
measurement, control, and monitoring, and it changes of critical factors that may affect the
needs to be supported by a risk management risk.
information system tailored to the characteristics h) Conduct stress testing regularly, which is a
and complexity of the Company’s business process to estimate the potential economic
activities. loss under abnormal market conditions that
enable the Company to assess the impact to
i. Risk Identification profitability and capital. The stress testing
Steps in risk identification cover: result is used as input in determining policy
a) To identify all risks on a regular basis, to all and limit.
business activities and business activities
with the method or system owned by the iii. Risk Control
Company. The Company must have a mechanism and
b) To analyze all sources of potential risks risk control methodology based on stipulated
from each activity and activity before being policies and procedures.
introduced or implemented.
c) To consider factors that impact the risk The risk control process in the Company should
including the additional risk. be based on risk exposure, risk appetite, and risk
tolerance.
ii. Risk Measurement
Accurate risk measurement is critical. The risk The Company has a framework that is responsive
measurement should be performed on a regular to any changes that happen due to inherent risk.
basis and holistically on the Company’s business
activities. The risks should be measured so the iv. Risk Monitoring
adequacy of provisions and the capability of The Company must have a monitoring system
capital to absorb the risk can be calculated. and procedures that cover monitoring of
risk exposures, risk tolerance, internal limits
The systems, technology, or risk measurement compliance, and stress testing results, as well
models will be adjusted based on the nature, as the consistency of the implementation of the
size, and business complexity as well as should stipulated policies and procedures.
capture all risk exposures. The underlying
assumptions in the risk identification and Risk monitoring is performed by the Risk
measurement should be validated and clearly Analytics & MIS, in which the monitoring
understood by risk management officers. Risk and evaluation report is reported regularly to
measurement can use both quantitative and/or management in order to mitigate the risks and
qualitative methods. take the necessary action.
The key steps to establish a risk measurement
process are:
a) Place the officers who have expertise and
experience in determining risk measurement
process.
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v. Risk Management Information System limits, a clear organization structure, and the
The Company must have adequate management implementation of the adequate four-eyes
information systems to support the process principle, and also the adequacy of procedures
of identification, measurement, control, and to comply with regulations.
monitoring based on Company’s needs in
implementing effective risk management. Risk management implementation, including
the adequacy of policies, procedures, and
Some points that need to be considered in the management information systems, is always
implementation of a management information examined and reviewed regularly (at least once a
system in relation to risk management, such as: year or if necessary) by related working units that
a) Developed based on Company’s needs in cover the compatibility of the risk management
order to support the implementation of the framework with the business of the Company’s
risk identification, measurement, controlling business and regulations, including the suitability
and monitoring process. of the method, assumptions, measurement
b) Ensure the availability of accurate, complete, variables, and limits setup. In addition, risk
informative, on time and reliable information, management implementation by business and
as to monitor the effectiveness of risk operational functions (risk-taking functions) or
management implementation as well as to support functions, in which the findings need to
support the implementation of reporting to be remedied and monitored by related working
Company’s management, Financial Service units.
Authority (OJK) or other authorities.
c) Ensure that the system used and the The Company implements effective risk
information generated are in accordance management and internal control systems
with the characteristics and complexity through the three lines of defense approach, the
of the Company’s business activities and setup of risk tolerance, and the risk awareness
are adaptive to changes in which periodic and risk culture implementation as explained in
reviews are conducted as to ensure that the the previous section.
system used is adequate.
d) Locate the data center in Indonesia for law The Company has an Audit that independently
enforcement purpose and the customer data reports to the Board of Commissioners through
protection. the Audit Committee and the President Director
e) Ensure that the decision to appoint third – Chief Executive Officer regarding the inherent
party has been conducted objectively and risks in the business activities and operation.
independently, if using outsourcing service Internal Audit will detect the weaknesses and
company in information system development. violations that may cause the Company to suffer
f) Ensure that there is a test in the both material and immaterial losses. Internal
implementation of management information Audit should ensure:
systems and new technologies, and do a) Appropriate internal supervision, by
not interfere with the existing information considering the risk type and inherent risk
systems. level in the business.
g) The Company should have documentation b) Appropriate organization structure and
of system, to ease inherent control and audit reporting lines.
trail implementation. c) Compliance with prevailing laws, regulations,
h) Prepare the backup system and procedure and applicable internal policies.
effectively. d) Effectiveness and efficiency in operational
i) Ensure all inherent risks in the Company can activities.
be integrated into existing management e) Existence of a strong risk culture throughout
information systems. the organization.
f) Accuracy and timeliness of financial and
D. Comprehensive Internal Control System [GRI operational reports.
2-15][GRI 2-27] g) Adequacy of management information
The internal control system in the risk systems.
management implementation covers the h) Complete and adequate documentation.
compliance of the internal control system and i) Management response to audit results.
risk management implementation, authority
setup, policy monitoring, procedures and The Head of Internal Audit will report to the
President Director – Chief Executive Officer and
Audit Committee.
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
Internal Audit will work closely with the 4. REPORTING
Risk Management Directorate to provide
an assessment. Both Internal Audit and In accordance with the stipulations of the
Risk Management Directorate should be Financial Services Authority (OJK), the Company
independent from the business functions in is required to submit a Risk Profile Report,
providing feedback to Directors and Board of which includes a self-assessment of inherent
Commissioners regarding the healthiness of the risks and also the quality of Risk Management
Company. Implementation for 8 (eight) types of risks faced
by the Company; which is used to assess the
Internal Audit will take a risk-based approach to Company’s soundness level on an annual basis
do the audits. The internal audit should have an or with more frequent frequency if needed.
annual audit plan, which should be approved by
the President Director - Chief Executive Officer Risk Analytics & MIS Division, as an independent
and the Audit Committee. function to business and operational functions,
is responsible for preparing a Risk Profile Report
Internal Audit can conduct audits using its own in accordance with Financial Service Authority
team, unit, or team from outside as long as there (OJK) regulations and will coordinate with
is no conflict of interest. related divisions.
Internal Audit has an effective rating process to The Risk Profile Report must be reviewed and
assess the auditee. Audit reports should be sent approved by the Company’s Directors and
to all the related parties, including President reported to the Board of Commissioners through
Director – Chief Executive Officer and Director – the Risk Monitoring Committee.
Chief of Risk Officer.
Risk Management Implementation for
3. RISK AWARENESS AND RISK CULTURE Each Risks [SEOJK E.3][GRI 2-18]
In the implementation of risk management, the
The risks that are faced in various activities are Company has adopted and accommodated the
essential to be known by all personnel so that pattern applied by the banking sector as the
this will build a strong risk management culture. business sector in Indonesia that is considered
A unique combination of values such as belief, the most established and more experienced in
implementation, and management supervision the implementation of the risk management
will ensure that those have been performed concept, considering that there is also a need
prudently and based on best practices. for the implementation of a risk management
consolidation framework between the Company
Risk culture is implemented through: and the Parent Company.
• The direction and supervision from Directors
and the Board of Commissioners and Sharia The Company faces 8 (eight) risks, both internal and
Supervisory Board (DPS). external, including:
• Introduction of risk management as a 1. Strategic Risks
comprehensive part business practice. Strategic risk is the risk of inaccuracy in making
• Compliance with all policies, procedures, and/or implementing a strategic decision and
applicable laws and regulations. failure to anticipate changes in the business
environment.
Risk awareness and culture at all levels of
organization should be established through: Strategic risks can be caused by:
• Communication related to the importance of a) Establishment of strategies that are not
managing risk. compatible with the Company’s vision and
• Communication related to the risk tolerance mission
level and the expected risk profile through b) an incomprehensive strategic environmental
various levels and portfolio management. analysis
• To delegate authorities to personnel in order c) incompatibility of strategic plans (strategi c
to manage risk prudently in their activities, plan) between strategic levels
including to prepare adequate risk mitigation. d) failure to anticipate changes in the business
• To monitor the effectiveness of risk environment such as changes in technology,
management across all areas. changes in macroeconomic conditions,
competition in the market and changes in
the policies of the relevant authorities
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In establishing and establishing strategies, the Companies must carry out continuous
Company should pay attention to the following: operational risk control to ensure that operational
a) Understand the environmental conditions of risks have been appropriately managed and do
business, economy, and finance industries. not exceed the predefined risk limits.
b) Measure the strengths and weaknesses of
internal and external factors in the Company. The application of operational risk control is
c) Analyzing all available alternative strategies. carried out as one of the important operational
risk mitigations and its application must be
To determine the effectiveness of the strategies carried out in a coordinated manner to ensure
that have been designed, the Company conducts an optimal balance between operational
periodic evaluations of the strategies and their risk exposure, the effectiveness of control
implementation on an ongoing basis. mechanisms, insurance coverage and risk
appetite to the Company.
The Company periodically monitors the actual
conditions of performance compared to plans Operational risk controls include:
and budgets and understands the reasons for a) Identify potential control gaps.
the cause of each deviation. Monitoring is carried b) Ensure that there are operational policies
out by the Board on strategic risks through and procedures with sufficient control
the Balance Score Card (BSC), which is one of mechanisms.
the tools used to measure and monitor the c) Determine the most appropriate risk
implementation of the Company’s strategic risk mitigation.
management. d) Specifies risk appetite.
e) Analysing temporary deviation requests for
In accordance with Financial Services Authority policies/procedures.
Regulation No. 1 24/POJK.05/2019 on Non-Bank f) Ensure that the risks present in the large
Financial Services Institute Business Plan, in 2024 and low frequency quadrants have been
the Company has submitted an annual business accommodated in the Business Continuity
plan for 2025 in accordance with the format set Management (BCM) program.
by the Financial Services Authority (OJK). g) Performing risk management actions
(acceptance/displacement/rejection of
2. Operational Risks operational risk).
Operational risk is the risk of insufficient and/or
malfunctioning internal processes, human error, The Company’s implementation of operational
system failure and/or the presence of external risk management processes includes:
events affecting the operations of the Company. a) Business Continuity Management (BCM)
BCM is a comprehensive management
Operational risks can be attributed to, among process that identifies potential impacts
others, weaknesses in internal processes, that threaten organizations and provides
inadequate systems and infrastructure, and a framework for building resilience and
external events that adversely affect the capabilities with effective response that
Company. preserves stakeholder interests, reputation,
brand and valuable creative activities.
These operational risk sources can cause events
that negatively affect the Company’s operations, As an integral part of the operational risk
so the occurrence of these types of operational management framework, effective application
risk events is one measure of the success or of BCM is a requirement to anticipate operational
failure of Operational Risk Management. Some risks that arise especially those that have a
examples of operational risk events can be large impact (catastrophic event) regardless of
classified include organizational complexity and the causes, such as crises and/or disruptions to
business activities, human resources, technology business operations, system disturbances, fires,
and information systems, fraud (internal and etc.
external fraud), disruption to business and
organizations, and the level of interaction and
dependence of the Company.
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
BCM program objectives were:
• Ensuring timely continuation of all functions/units during a crisis or disaster
• Maintain the primary resources required to support recovery of activities
• Reduce reputation risk
• Improve public confidence and macro-financial systems
• Improve its durability and recovery capabilities
Through BCM, the Company identifies potential critical activities/events within the entity in the event of
interference with those activities that could threaten the entity’s business continuity. Through the results
of the analysis, the Company established a Business Continuity Plan (BCP), a documented framework for
the handling and recovery of critical activities in a work unit with a set period of time.
The company has mitigation measures against external incidents that have the potential to have an
impact on the Company’s business continuity. Therefore, BCP’s Company covers all external activities and
crises, consisting of:
Business Continuity Plan
Description
(BCP)
Financial BCP Contains measures for handling and recovery of critical activities caused by disasters or disruption
of electricity, communications, and networks in the process of cash flow (daily operations),
especially since the entity is engaged in a cash-intensive industry
Information Technology Contains steps to handle and restore critical activities in the event of a disruption to the Company's
BCP core system and digital platform.
Depository Financing BPKB is collateral kept by the Company until the consumer pays off his or her obligations to the
Guarantee BCP Company, so the security of the depository place is very significant. The Depository Financing
Guarantee BCP contains steps to handle and restore the process of receiving, storing, and issuing
BPKB in the event of a disaster or power, communication, and network disruption.
Business Operations BCP The Company's main activities occur in branch offices, clusters, credit centers, operation centers,
and warehouses. Therefore, the BCP has regulated the steps that need to be taken in the event of
an emergency condition caused by communication and network (system) disruptions and power
outages
Incident Management Providing a documented framework to enable the organization to handle incidents. This document
Plan (IMP) describes the anticipation of various incidents in a crisis situation by activating the Call Tree and
mobilizing Incident Management Team members during incident response under the supervision
of the Corporate Command Centre. The focus is on employee safety, handling communications
related to reputational risk, continuity and recovery. This document includes instructions/steps
to deal with the following conditions: evacuation of employees in the event of violent/criminal
acts, earthquakes, floods, bomb threats, riots and mass disturbances, as well as fires and utility
interruptions.
b) Fraud Management In line with PT Bank Danamon Indonesia Tbk
Fraud risk affect business and can has (BDI) as parent company of the Company,
significant financial impact to profitability. in which PT Bank Danamon Indonesia
This event can impact also reputation. already implements anti-fraud strategy, the
Effective fraud management is very Company publish internal policy related to
important to mitigate and manage risk due fraud management which is implemented in
to fraud. nationwide. This policy is made to implement
risk management strategy in controlling
Fraud is deviated behaviour or intentionally fraud risk. Because of that, to support
carried out to deceive, trick or manipulate the risk management implementation, some
Company, customers or other parties, which activities have been done to strengthen some
occurs within the Company and/or uses aspects as following:
Company facilities so results in the Company, • Active supervision from management
customers or other parties suffering losses Implementation of active supervision
and/or the perpetrator fraud obtains financial from management has been performed
benefits, either directly or indirectly.
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by anti-fraud units, control units and/or anti-fraud functions by conducting independent monitoring
function, monitoring, compliance check as well as reporting all fraud risk in the Company to Directors
and Board of Commissioner in the Risk Monitoring Committee meeting. This committee acts as
communication media, direct reporting and become part of active supervision from Directors and
Board of Commissioner.
• Organization structure and line of responsibility
The Company should have function whose task is to handle fraud control. The function is
responsible directly to President Director – Chief Executive Officer and has direct reporting to Board
of Commissioner.
• Control and monitoring
The company has implemented POJK No. 1. 12/23 July 2024 on the Implementation of Anti-Fraud
Strategies for Financial Services Institutions by implementing fraud risk control strategies through
4 (four) pillars of interrelated fraud control strategies, as following:
Strategy Implementation in the Company
Prevention • Anti-fraud awareness campaign.
In implementing the fraud prevention • Know your employee.
strategy, the Company established • Implementation of a dual custody principle and tiered control mechanism.
policies in the form of five components • Holds Fraud Risk Assessment periodically.
of the internal control framework: the • It has Anti-Money Laundering and Terrorism Fund Prevention Unit.
control environment, risk assessment,
control activities, information &
communication and supervision.
Detection • It has Fraud Detection System & Analytics.
Measurements, processes and detection • Conduct a surprise audit that follows the Risk-Based Analysis concept.
activities should be used to identify • Manages the fraudulent indication or event reporting mechanism and the
fraudulent and/or fraudulent behaviors fraudulent event database.
that have occurred in order to further • Establish a whistle-blower mechanism and a fraud hotline.
reduce exposure. Key activities in
performing detection strategies are as
follows: fraud detection system, fraud
sampling strategy, sudden inspection,
and phone confirmation process.
Investigation, Reporting, Sanction • There are standard operational procedures for regulating coordination between
The function of controlling the fraud related parts with regard to fraud ranging from fraud detection, investigation, to
and/or Internal Audit and/or Regional sanctioning processes, and monitoring measures for remedial actions resulting
Leadership reviews and investigates the from fraudulent actions.
factors that cause the fraud and tries • The specific sections responsible for handling fraud are:
their best to recover the fraud losses that a. Quality Assurance cq Quality & Process Control (QPC) that conducts field
occurred after being taken into account investigations, receives sampling data on criteria with high risk; and
and proven. b. Internal Audit cq Investigation which plays a role in conducting a special
investigation into activities/transactions due to indications of fraud.
c. Other related Business Functions that play a role in the process of detecting and
eradicating activities/transactions due to indications of fraud in the Company's
business operations.
• Activities in recovery include billing processes to recover losses and attempting to
compensate for losses through third parties or other vendors associated with the
fraud incident.
• The mechanism for reporting fraudulent events is carried out to the internal and
external parties of the Company.
• The implementation of sanctions policies to provide deterrent effects for fraudsters
in the Company is applied transparently and consistently.
Monitoring, Evaluation, and Follow up • Monitoring the follow-up of fraudulent events by paying attention to the
In order to follow up on the results of the Company's internal provisions and regulatory provisions.
investigation (investigation) of the fraud • Maintain fraudulent event data to support the execution of the evaluation.
case, each unit of work, coordinated by • Follow-up mechanisms to avoid recurrence of fraudulent events include at least
the fraud control function, must conduct steps to:
monitoring, evaluation and follow-up to - Fixing weaknesses.
cases of fraud include monitoring the - Strengthening the Company's internal control system.
implementation of established sanctions
and monitoring corrective actions taken
against the event.
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
c) Quality Assurance (QA) reporting of operational risk data with risk
QA is a program designated to early and identification capabilities, assessment/
systematically monitor and evaluate critical measurement, monitoring and control/
aspects of the Company’s processes and mitigation carried out on the Company
products, to ensure compliance with Thus improving the effectiveness of
quality standards. The most important implementing operational risk management.
quality standards to achieve are the
effective management of risk factors The ORMS application will continue to be
and the effective implementation developed according to the needs and
of control/mitigation mechanisms. developments that occur in implementing
the operational risk management
The application of the QA framework to framework. ORMS has been effectively
the Company includes the unity of the operated on all work units in the Company.
organization’s methodologies, policies,
procedures and preparation, which are In addition, the Company also has a
aimed at systematically running monitoring whistle blowing system managed by
and evaluation programs in identification, independent parties to help implement
measurement, monitoring, and risk operational risk management, especially
control arising from operational activities. related to fraud incident at the Company.
The QA strategy also adopted the COSO (The The company as a subsidiary of PT
Committee of Sponsoring Organization of Bank Danamon Indonesia Tbk (BDI) has
the Treadway Commission) framework to consolidated its operational risk information
assess and improve internal control systems. system (SIM) with the parent company.
COSO identifies 8 components in the Internal
Control Framework: In order to manage uncertainty and potential
• Internal environment threats in the information technology
• Goal-setting Event identification environment and to protect the Company’s
• Risk assessment digital assets, information technology
• Response to risk risk management is required to manage
• Control activities potential risks and challenges related to
• Information & communication collection, storage, and management. the
• Monitoring processing and dissemination of information
in the digital context (risiko information) as
The scope of the QA evaluation is that QA well as the potential for adverse effects or
should be able to appropriately manage the disadvantages that arise specifically in use
quality of insurance for each activity on credit or because of dependence on computer/
products, funding products, and supporting teknologi related systems (risiko technology).
function processes using appropriate
processes, methodologies, and technologies. With regard to active monitoring of
the implementation of information
Monitoring of operational risk is carried out technology risk management, the
through the preparation of regular reports Company has established an Information
to management to identify problems that Technology Steering Committee (KPTI)
arise related to weaknesses or failures in at the Board and Senior Management
the implementation of control functions. level of the Company actively engaged in
planning, approval, review and review of
In terms of operational risk management information technology risk management.
information systems, the Company has
developed an integrated management In addition, the Company already has a
information system for operational risk technology risk management and information
management, namely ORMS (Operational security policy that serves as a reference
Risk Management System) that in the implementation of technology risk
strengthens the recording, analysis, and management and information security in the
Company.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 335
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Regarding information security, the financing, or certain business fields. This risk
Company has implemented a Data Leakage is commonly called the risk of concentrating
Prevention (DLP) program that includes financing.
USB access closure, hard disk and email
encryption, and User Activity Monitoring. In Regarding the counterparty credit risk as well
addition, the Company has implemented ISO as the settlement risk, the Company is exposed
20000-1 in order to ensure the governance of to this risk because the Company is hedging for
Information Technology services that support loans obtained in foreign currency through Cross
security, efficiency and overall operational Currency Swap (CCS) transactions. The company
sustainability. already has credit risk management limits and
strategies related to credit risk counterparties as
In relation to strategies in implementing well as risk settlement.
operational risk management, the Company
has implemented: Companies have a credit risk management
a) Centralization of operations for all function that is responsible for monitoring the
branches of the Company so that the development and implementation of strategies,
process and implementation of policies thus minimizing the occurrence of credit risk.
and procedures can be carried out more
standardized. In addition, in relation to the active supervision
b) Implement operational risk controls of the Board of Directors and Board of
consisting of 3 tiers: business functions, Commissioners, a Risk Monitoring Committee
risk management and internal audit. has been established at the level of the Board
c) Apply the Risk Control Self-Assessment of Commissioners and a Risk Management
(RCSA) used to assess and measure the Committee at the level of the Board of Directors
potential risks that take place during and Senior Management of companies actively
internal processes to generate operational engaged in planning, approval, and review for
risk status. credit risk.
d) Using the Operational Risk Management
System (ORMS) to strengthen the The Company has implemented credit risk
recording, analysis and reporting of management strategies that are made in
operational risk data. line with the Company’s goals to maintain
e) Conduct Operational Risk Pre-Assessment the quality of financing, profit, and business
(ORPA) to identify and mitigate business growth. Periodic evaluation is conducted on the
initiatives undertaken by the Company. financing product/portfolio as a mitigation of
f) Self-Raise Issue (SRI) to facilitate initiatives credit risk.
aimed at mitigating the Company’s
operational risks. Companies already have credit risk policies,
g) Establish the Information Risk which govern the structure and hierarchy of
Management Division as a separate financing policies. Companies develop and
work unit from the Operational Risk implement credit risk policies and procedures
Management Division to strengthen appropriately so that they can:
the implementation of operational risk a) Supporting sound financing
management related to information b) Monitoring and controlling credit risk
management in the Company. including the risk of concentrating financing
c) Conducting an evaluation in taking
3. Credit Risks advantage of new business opportunities
Credit risk is the risk caused by the failure d) Identifying and handling problematic
of the other party to fulfill the obligation to financing
the Company, including credit risk caused by
customer failure, including credit concentration Credit risk policies include end-to-end process
risk, counterparty credit risk, and settlement risk. policies in financing activities where they include
target markets, financing delivery processes,
Credit risk can increase due to the concentration guarantees, financing approval processes,
of financing distribution, including customers, financing administration, remediation, portfolio
geographic areas, business activities, types of management, and management. and others;
including the mapping of financing risk to
business activities and training/training in
relation to credit risk.
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
In relation to the approval analysis process and •
Develop a measurement tool to measure
financing administration, the Company has credit risk transactively.
procedures that contain: • Performs a funding risk measurement
a) Separation of functions and delegation of on a portfolio basis. These risks should be
clear authority in decision-making. defined as potential loss figures for both
b) Working functions that conduct periodic the obligor and the portfolio.
reviews of the quality of financing. • A stress test approach to estimate
c) The development of a financing potential economic losses under
administration system is related to the abnormal conditions. Stress tests should
financing process. be performed periodically.
d) Registration and inclusion of all information c) Parameters used in measuring credit risk
is both quantitative and qualitative. include but are not limited to:
• Characteristics of each transaction type
The Credit Risk Management function is • Financial conditions of customers or
managed in the Risk Management Directorate counterparties as well as requirements in
and the Collection & Legal Directorate responsible financing agreements
for measuring credit risk both on each portfolio • Collateral/guarantee
and on the whole. In order to measure the risk • Term of financing
value of customers or portfolios, you must pay • The potential for default/finance problems
attention to the following: • Book delete position, delete bill and
a) It has written procedures for conducting risk restructure
measurements that allow for: • Company’s ability to absorb potential
• The centralization of exposure to financial backup failures/enough
position reports refers to the concept of
one obligor. The results of this risk management can be seen
• Evaluate credit risk levels using from the Company’s Net NPF trend, which is still
a combination of qualitative and in the Company’s planned risk corridor, which
quantitative data. is seen in 2024 and 2023 by 0.34% and 0.49%
• Distribution of measurement results for respectively (still below the regulatory limits).
monitoring purposes by the relevant work It proves that the strategies and risk culture
unit. formed and constructed are in line with the
• Comprehensive credit risk counterparty goals and behavior of the Company’s business.
management, both at the counterparty
level (by combining credit risk due to The Company’s customer profile is quite
counterparty or counterparty credit risk diversified so that risks are not concentrated
failures with other financing exposures) in one of the profiles. The following are the
and at the Company level as a whole. customer profiles of the Company in 2022, 2023
b) Develop appropriate methodologies, models and 2024:
or tools for each type of risk.
Customer Profile by Job Type:
Job Type 2022 2023 2024
Employee 51% 52% 53%
Self-Employed 48% 47% 46%
Others 1% 1% 1%
Customer Profile by Monthly Income:
Monthly Income 2022 2023 2024
≤ IDR5.000.000 30% 28% 25%
IDR5.000.000 < IDR10.000.000 42% 43% 45%
≥ IDR10.000.000 28% 29% 30%
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 337
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The following is an illustration of the customer concentration of the Company’s financing
receivables:
Customer Type 2022 2023 2024
Individual 95% 95% 95%
Corporate 5% 5% 5%
4. Market Risks in the event of a limit overrun. These policies
Market risk is a risk in the position of assets, must be formulated in accordance with the
liabilities, equity, and/or administrative accounts, Company’s business strategy, capital adequacy,
including derivative transactions, due to overall and risk appetite.
changes in market conditions.
Limits are submitted by the Directorate of Risk
Market risks include interest rate/margin risk (for Management and approved by the authorized
Sharia), exchange rate risk, and equity risk. parties/committees according to applicable
policies.
The Company has regularly recorded and
monitored market risks discussed in the Asset The Directorate of Risk Management (Market Risk
and Liability Committee so that the Board and Liquidity Management function) and the
of Directors and senior management can Directorate of Finance (Funding & Capital Market
immediately respond to market risk issues. Division) are required to provide information
The company already has an Asset & Liability and/or corrective action on each limitation in
Management system to support market risk accordance with the applicable policy.
management reporting and implementation.
In relation to market risk, the Company provides
Companies have also established policies and financing to customers in the form of rupiah
set limits on market risk. currency with fixed interest rates and tenors. The
company’s funding source comes from a joint
Market risk is measured under normal conditions financing scheme with the parent company
and stress conditions. Common market risk with a fixed interest rate and a tenor match. In
measurement methods include Interest Rate addition, for foreign currency loans, the Company
Risk Gap (IRR gap), which refers to the difference has implemented a full hedge policy as a form of
in cash flow for each of the maturity buckets mitigation against market risk.
arising from on- and off-balance sheets. The
outflow and inflow of each maturation bucket 5. Liquidity Risks
are calculated according to the characteristics Liquidity risk is the risk resulting from the
of each instrument, both maturing and non- inability of the Company to meet the overdue
maturing instruments. liabilities of cash flow funding sources and/or of
liquid assets that can be easily converted into
In addition, in the context of consolidated cash, without interfering with the Company’s
reporting with PT Bank Danamon Indonesia financial activities and conditions.
Tbk, as the parent company, the Company
also performs IRRBB (Interest Rate Risk in the Liquidity risks can be caused by the inability of
Banking Book) calculations consisting of Net the Company to liquidate assets without material
Interest Income (NII) and Economic Value of discounts due to the absence of active markets
Equity (EV) calculations under stress events or severe market disruptions, which are referred
(based on scenarios set by regulators) as part to as market liquidity risks.
of effective and adequate implementation of
market risk management. The inability to obtain sources of cash flow
funding to create liquidity risks can be attributed
Companies have comprehensive written policies to:
and procedures for managing and controlling a) Inability to generate cash flows derived from
market risks, including limit-setting policies, productive assets and those derived from the
limit structures, limit approvals, and actions sale of assets including liquid assets.
338 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
b) Inability to generate cash flows derived from Limits are proposed by the Directorate of Risk
fundraising, intercompany transactions and Management and approved by the authorized
loans received. parties/committees according to applicable
policies.
The company has regularly recorded and
monitored liquidity risks discussed in the In the event of exceeding the limits of liquidity
Committee on Asset and Liability so that the risk, The Funding & Capital Market Division and
Board and senior management can immediately Risk Analysis & MIS Division (which oversees the
respond to liquidity risk issues. market risk management and liquidity functions)
need to provide immediate explanations to the
Companies have also established policies and Deputy Director-Head of Risk Management and
set limits on liquidity risk. Director-Chief of Risk Officer and/or President
Director-Chief Executive Officer and inform
Liquidity risk is measured under normal later to the Asset & Liability Committee and Risk
conditions and stress conditions. The commonly Monitoring Committee.
used method of measuring liquidity risk is
Maximum Cumulative Outflow (MCO). MCO on The results of liquidity risk management at the
a given maturity bucket refers to the maximum Company, some of which can be seen from the
cumulative cash flow net arising from on- and cash ratio, current ratio and gearing ratio values
off-balance sheets. The outflow and inflow of that are still within the set limits. Based on figures
each maturation bucket are calculated according as of December 2024, the Company’s cash ratio
to the characteristics of each instrument both is managed at 13.6% (where the minimum limit
maturing and non-maturing instruments. MCOs is 1%), the Company’s current ratio is managed
are calculated using normal scenarios and stress at 136.2% (where the minimum limit is 100%) and
events. Based on MCO analysis, the Company’s the Company’s gear ratio is managed at 1.74x
liquidity condition still shows a positive cash flow (where the maximum limit is 10x).
trend as of December 2024. In addition, based
on the results of the stress testing simulation 6. Legal Risks
on installment receipts from customers, it still Legal risk is a risk resulting from lawsuits and/or
shows positive cashflow or within the limits set weakness in legal/judicial aspects.
by the Company.
Legal risks can stem from the weakness of the
In addition, in order to consolidate reporting with juridical aspect caused by the Company’s weak
PT Bank Danamon Indonesia Tbk, as the parent links, the absence and/or changes in legislation
company, the Company also calculates Liquidity that have caused a transaction that has been
Coverage Ratio (LCR) and Net Stable Funding made by the Company to be inconsistent with
Ratio (NSFR) and has limitations according to the provisions, and litigation proceedings both
the Company’s risk appetite. arising from third party claims against the
Company and the Company against third party.
Companies have comprehensive written
policies and procedures to manage and control The company already has standards and
liquidity risk, including policies to diversify procedures related to the implementation of
funding sources, daily and monthly liquidity legal risk management. In addition, the Company
management, management of high-quality also has a code of conduct for employees of the
liquid assets, Contingency Funding Plan (CFP) Company as a guide to work, as well as limitations
and limitation. These policies must be formulated regarding legal risks.
in accordance with the Company’s business
strategy, capital adequacy, and risk appetite. On a regular basis, the Company also conducts
training and socialization to related internal
Policies in liquidity risk control should also parties in order to support the Company’s
include provisions on limit structures, limit operational processes regarding legal risks.
approvals, and actions in the event of a limit
overload. The Company already has policies related to
the implementation of legal risk management
(including Legal Aid) and is periodically reviewed
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 339
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in accordance with the development of the Companies have policies and procedures relating
Company’s internal conditions and changes to to the implementation of governance based
applicable legislative regulations. on openness, accountability, responsibility,
independence, fairness as set forth in the
The company has had limits on legal cases such Good Corporate Governance Implementation
as: number of cases, potential losses, results of Guidelines. These policies and procedures are
legal proceedings and is regularly monitored reviewed periodically or if there are any changes
and reported to the Board of Commissioners and related to regulations, to ensure they are in
Board of Directors. accordance with the current conditions faced by
the Company.
The company has identified and analysed
factors that may cause legal risks in its products, The Company also has a working plan to
processes, and information technologies that implement good governance and a Compliance
impact financial position and reputation. In Division that monitors the application of
terms of the process for measuring legal risk Company value across all elements of the
using qualitative and quantitative approaches. Company.
To speed up the handling of legal cases at the area In addition, in line with the Financial Services
and branch level, the Company already has legal Authority (OJK) regulations related to the
units at the area level that coordinate directly implementation of the Anti-Money Laundering
with the Legal Division of the headquarters as (AML), Countering the Financing of Terrorism
well as with the area and branch offices. (CFT), and the Prevention of Weapons of Mass
Destruction (WMD) Proliferation Funding in the
7. Compliance Risks financial services sector, The company has a
Compliance risk is the risk due to the Company’s policy regarding the implementation of the AML
failure to comply with and/or failure to enforce CFT WMD program that has been adjusted to
laws and regulations that apply to the Company. regulations from regulators.
Compliance risks can be sourced from: The Company has limits for compliance risks
a) Legal behavior, i.e. behavior or activities based on self-assessments made by the
of a Company that deviates or violates the Company using the OJK format or other formats
provisions and/or regulations of the law. related to compliance or assessment involving
b) Organizational behavior, i.e. behavior or independent assessors.
activities of a Company that deviates or
contradicts from generally applicable Compliance risk limits can also be derived from
standards. limits determined by regulators.
Compliance risk management strategies in the In measuring compliance risks, indicators or
Company include: parameters that can be used include:
a) Following socialization and training related a) Type and significance of the violations
to new regulations conducted by regulators. committed.
b) Conducting socialization and training related b) Frequency of violations (including sanctions)
to new regulations to Company employees, or the Company’s compliance track record.
conducting compliance reviews and tests, c) Violation of the provisions of general
and preparing reports that must be submitted applicable laws or business standards.
to regulators and other parties in accordance d) Follow-up on violations.
with the provisions of the legislation.
c) Apply the reward and punishment policies In addition, the measurement of compliance risk
that apply to the entire array. is also carried out through compliance tests on
d) Do self-assessment periodically. policies, products, activities, and other related
e) Implementing good governance principles indicators or parameters.
in the Company is: openness, accountability,
responsibility, independence, fairness, in
relation to Good Corporate Governance (GCG)
practices.
340 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
8. Reputation Risks Companies must identify and analyse the factors
Reputation risk is a risk caused by a decline that may cause reputation risks in their products,
in stakeholder confidence, which is rooted in processes and information technology.
negative perceptions of the Company.
The Company has written policies and
Reputation risks arise, among other things, procedures for complying with the principles
from media reports and/or rumours about the of transparency and improvement of service
Company being negative, as well as ineffective quality to customers and other stakeholders
corporate communication strategies. to control reputation risks, including the
recovery of the Company’s reputation following
In order to support the implementation of reputation risk events. These policies include
reputation risk management, the Company communication policies in relation to customers
uses a whistle blowing system managed by an and third parties. In addition to this policy,
independent party. In addition, the Company the Company is also bound to the applicable
has also created a customer complaint system, provisions on the Indonesian Stock Exchange
i.e. customers can communicate via an internal and the Financial Services Authority (OJK), so in
channel directly through Customer Service at conducting information disclosure to the public,
the branch office or by contacting Dering Adira the Company also refers to legislative provisions
service which can be contacted 6 (six) days in 1 in the Capital Market.
(one) week during the Company’s operational
hours or online media owned by the Company In order to control reputation risk, the Company
(such as Whatsapp / email / Instagram / Facebook must ensure that all applicable regulations and
and the website www.adira.co.id as well as the laws have been complied with.
Adiraku application) as well as external channels
such as through OJK (such as email and APPK The company acts as soon as possible in resolving
portal) as well as media. customer complaints or a legal action that may
increase the risk of reputation.
In addition, the Company also has a Credit Rating
given by local institutions (Pefindo Ratings) The company is also committed to carrying
as well as international institutions (Fitch and out the Corporate Social Responsibility (CSR)
Moody’s Ratings) that can help the reputation program by engaging the surrounding
of the Company, where the Company receives a community by always paying attention to the
fairly good Credit Rating obtained from Pefindo balance of economic, social and environmental
(idAAA), Fitch (BBB) and Moodys (Ba1). aspects, which can build a positive response
from stakeholders to the Company.
The Company already has policies related to
reputation risks tailored to the Company’s Risk Control Focus and Initiative by 2024
internal conditions and applicable legislative Throughout 2024, the global economy is still
regulations. overwhelmed by uncertainty, with growth rates
expected to slow. IMF projects global economic
The company has the following related policies growth in 2024 to be 3.2%, lower than growth of
and procedures: 3.3% in 2023. Changes in government transitions
a) Services to customers are in line with in the United States, China’s economic conditions
regulatory requirements. that have not fully recovered, growing geopolitical
b) Monitoring of negative news and customer tensions, and fluctuations in commodity prices are
complaints. factors which suppresses global economic growth.
c) External communication is related to negative
news or counterproductive information.
d) Handling customer complaints that are
guided by provisions related to Market
Conduct.
Limits in reputation risk may use quantitative
and qualitative methods tailored to the needs
and conditions of the Company.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 341
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In Indonesia, economic growth in 2024 has slowed · Fraud Management
to 5.03% compared to the previous year’s 5.05%, and Periodically, the Company conducts fraud
2023’s 5.3%. The slowdown is due to several factors management through the implementation of the
such as weakening consumer purchasing power, Fraud Campaign to consumers and employees
declining productivity of superior business fields, in order to improve Fraud Awareness, and thus,
and growing global uncertainty. On the other hand, the Fraud Campaign will be implemented in
inflationary pressure began to subside since the order to improve Fraud Awareness. develop
second half of 2024, giving Bank Indonesia room to risk detection indicators and use of systems
take more accommodative monetary policy. management in the monitoring process so that
potential activities can cause harm to consumers
In relation to these conditions, the Company must and the Company can be minimized;
have a strategy that can be implemented on · Utilization of Information Technology
target. One of the key strategies of the Company Using integrated, centralized systems
is the implementation of careful and balanced risk management in managing the Company’s risk
management to serve as the Company’s foundation policies and using information technology-based
for maintaining the level of credit quality that has tools that adapt to the Company’s business
been planned by the Company. needs, in support of activities in critical business
processes, which can increase the productivity
The following are the Company’s focus and initiatives of employees so that they can provide services
on risk control by 2024: more efficiently and effectively, and maintain
· Customer Appropriateness Assessment the level of credit quality that has been planned
Applying the precautionary principle in by the Company; and
conducting selection of prospective customers · Continuous Monitoring and Development of
translated in the Company’s policies by Business Processes
considering, both internal and external factors, Strictly and continuously monitor the
such as regulatory regulations, market conditions performance of each business process and
and macroeconomic conditions, and using third- develop indicators and business processes of the
party information to sharpen customer feasibility Company that are adaptive to current conditions
analysis so that it can maintain a planned level of to maintain the Company’s performance at the
credit quality; planned level.
· Customer Management and Capacity
Customer management takes into account Implementation of Integrated Risk
the available capacity and is supported by the Management
use of systems management in implementing Since 2015, the Financial Services Authority (OJK) has
technology-based policies and devices so that required companies included in financial institutions
consumer payments and problematic credit to implement Integrated Risk Management. The
handling can be carried out more efficiently and policy is stated in the Financial Services Authority
effectively and maintained at an existing level Regulation No. 17/POJK.03/2014 and the Circular
planned by the Company; Letter of the Financial Services Authority No. 14/
· Analysis by Method of Statistics and Utilization SEOJK.03/2015 on the Implementation of Integrated
of Machine Learning Risk Management for Financial Conglomeration.
In addition to adaptive policies with current The provisions in the regulation referred to the
conditions, the Company also strengthens Financial Conglomeration as a Financial Services
analysis in the process of acquiring and Institution that is in one group or group due to the
managing consumers by statistical modeling relationship of ownership and/or control.
and machine learning which is constructed
based on consumer data, both demographic and Related to this regulation, the Company is part of
behavioral, and utilize third-party information so the Financial Services Institution Conglomeration,
that the risk of each consumer can be quantified considering that the Parent Entity is PT Bank
and the Company can make decisions according Danamon Indonesia Tbk.
to the risk level of each customer;
In this regard, the Parent Entity for which
Danamon Bank has established an Integrated Risk
Management Committee; the Company is one of
the members of the Integrated Risk Management
Committee.
342 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
PROCUREMENT OF GOODS AND SERVICES 6. The Company sent written letters to all suppliers,
informing all suppliers not to make promises or
Adira Finance has implemented the following give inducements to any of its employees. Any
policies for the procurement of goods and services supplier asked to give a reward or gift by anyone
while maintaining healthy relationships with from within the Company was encouraged to
suppliers: contact the Corporate Secretary for immediate
1. The use of Internal Memos and Operational follow-ups.
Procedures System for the procurement of
goods and services. The above policies allowed the Company to:
2. Conducted all procurements of goods online 1. Run procurement of goods according to the
to simplify the process and keep delivery on required quantity and quality, at competitive
schedule. prices, and with timely delivery and good after-
3. Made it obligatory for the main suppliers of sales service.
both goods and services to submit their legal 2. Monitor the entire process of procuring goods
documents so the Company could ensure and processing payments to suppliers to ensure
that the suppliers were not only credible and it remains secure and in adherence to the
accountable but also legitimate. principles of Good Corporate Governance.
4. Imposed prohibitions under the Company’s
Code of Ethics and Internal by law that every In 2024, it took an average of 10 (ten) days for the
employee shall refrain from accepting gifts or Company to settle payments to suppliers from the
inducements in any form from suppliers. date on which a complete supporting document
5. The Company would make yearly evaluations of was received.
all suppliers to make sure that they remained
competent in supporting the Company’s
business operations.
Procurement of the Company’s goods and services in 2024:
Amount of Amount of
Amount of
Procurement in Procurement in Total Procurement/
Work Unit Procurement
Foreign Currency Foreign Currency Item
(in IDR million)
(USD) (AUD)
Head Office 1,947,861,269,991,72 - - 184,083 Item
Branch Office 22,094,314,617 - - 14,123 Item
To ensure that every procurement of goods/services runs in compliance with regulatory provisions, the
Company through its Internal Audit Unit makes at least 1 (one) yearly inspection or more, if considered
necessary, based on an assignment from the Company’s Board of Directors.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 343
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DIVIDEND POLICY
The Company has a high commitment to return the shareholder’s investment in the form of cash dividends.
Since the Initial Public Offering, the Company has always distributed dividends to its shareholders every year
and has also set a minimum dividend policy of 20%-25% of net profit for the year in the Company’s Initial
Public Offering Prospectus. The Company will continue to strive to provide the best return on investment to
all of the Company’s shareholders by taking into account the Company’s funding needs in the following year
and the dividend policy adopted by PT Bank Danamon Indonesia Tbk as the controlling shareholder.
As in previous years, the Company has also distributed cash dividends to all of the Company’s shareholders in
2024 In the Annual GMS held on March 27, 2024, it was agreed to distribute cash dividends of approximately
50% of the Company’s net profit in 2023, which is IDR972 billion or IDR972 per share. On the dividend payment
date, the Company has paid the entire cash dividend payable to all shareholders of the Company on April 17,
2024.
Description 2020 2021 2022 2023 2024
Cash dividend per share (expressed in full
1054.5 513 607 803 972
Rupiah value)
Ratio of dividend value to net income (%) 50.0 50.0 50.5 50.0 50.0
Dividend value growth compared to the
16.1 -51.35 18.32 32.3 21.05
previous year (%)
PROVISION OF FUNDS FOR RELATED PARTIES
Provision of funds to related parties is the provision of funds in the form of loans, placement of funds,
participation to individuals or companies/entities that have a controlling relationship with the Company,
either directly or indirectly, through ownership, management and/or finance relationships. Meanwhile, the
provision of funds to core customers is the provision of funds to 50 consumers with the largest debit balance,
both individuals and groups.
Regarding the provision of funds for related parties and Adira Finance’s large customers in 2024, see the table
below:
Nominal Amount
No. Provision of Funds Number of Parties
(million IDR)
1. To Related Parties
a. PT Bank Danamon Indonesia Tbk 1 736,987
b. Other Parties 39 406,273
2. To Core Consumers
a. Individual 50 142,032
b. Group 50 1,074,012
3. To Shariah Core Consumers
a. Individual 50 71,107
b. Group 50 94,639
PROVISION OF FUNDS FOR SOCIAL AND POLITICAL ACTIVITIES
Provision of funds for social activities for 2024:
No. Description Total IDR)
1. Bantuan sosial Social Assistance:
- Assistance for humanity and victims of natural disasters 95,575,000
- Donations to Increso 360,000,000
2. Microeconomic development activities
3. Environmental care and preservation:
- Environmental maintenance activities
- Environmental preservation activities
4. Development of religion, education, cultural and sports:
- Sports Activitiesraga 1,283,754,024
- Religious activities 904,655,254
- Education activities 310,750,560
Total 2,954,734,838
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Provision of funds for political activities in 2024: none
CONTRIBUTION TO THE COUNTRY
Contributions to the state treasury are reflected in the payment of taxes and the payment of FSA levies made
by the Company.
Payment of taxes
In 2024, the taxes paid to the State Treasury are as follows:
No. Description Total (IDR)
1. Corporate Income Tax 373.253.041.480
2. Employee Income Tax 193.024.523.964
Total 566.277.565.444
Payment of FSA Fees
To comply with the provisions of Government Regulation no. 11 of 2014 concerning Charges by the Financial
Services Authority and FSA Regulation No. 3/POJK.02/2014 concerning Procedures for Implementing Charges
by the Financial Services Authority, in 2021, the Company has made 4 (four) payments of levies to FSA with
the following data:
No. Type of Payment Date of Payment Total (IDR)
1. 2024 Phase I Annual March 25,2024 2,800,935,577
2. 2024 Phase II Annual July 5, 2024 6,237,820,292
3. 2024 Phase III Annual October 4, 2024 3,488,312,520
4. 2024 Phase IV Annual December 9, 2024 3,488,312,520
POLICY ON THE RIGHTS OF CREDITORS
Adira Finance highly respects good relations with all stakeholders of the Company, including Creditors. In
accordance with the commitments from the Company as stated in each loan agreement, each creditor has
the right to obtain relevant information about the Company.
As a financing service provider company, in supporting its business activities, the Company desperately
needs funding support, both from banks and investors in the capital market. In establishing relationships
with Creditors and Investors, the Company always adheres to the Articles of Association, the Company’s Code
of Ethics and applicable laws and regulations, which include:
1. The selection of creditors is based on the interests of the Company by taking into account the capabilities
and business development of the Company;
2. The Company shall attempt to provide maximum information relevant to the interests of creditors and/or
investors;
3. The Company is committed to meeting the rights of creditors and/or investors in accordance with the
agreements made by considering the Company’s policies and the provisions of the applicable laws and
regulations.
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CUSTOMER/CONSUMER PROTECTION POLICY [SEOJK F.27]
Adira Finance perceives Consumers as the most important part of the Company. This is in accordance
with the Company’s focus that has been determined by Management, namely Customer-Centric. As an
implementation to consistently make best efforts to provide protection for the rights of Consumers and also to
comply with FSA Regulation No. 1/POJK.01/2013 concerning Financial Services Consumer Protection, then also
FSA Regulation No. 18/POJK.07/2018 concerning Consumer Complaint Services in the Financial Services Sector
and FSA Circular Letter No. 17/SEOJK.07/2018 concerning Guidelines for the Implementation of Complaint
Services in the Financial Services Sector, FSA Regulation No. 31/POJK.07/2020 concerning the Implementation
of Consumer and Community Services in the Financial Services Sector By the Financial Services Authority, the
Company has provided various tools, including drafting consumer protection policies, consumer complaints
service policies and establishing a consumer complaint service function. The Company’s consumer complaint
service function is headed by an official appointed by the Board of Directors which is currently headed by the
Head of Marketing Strategy & Customer Experience.
Consumer Complaint Service Report for 2024
Status of Completion
Type of Products Category of Total Not On
No % Complete
and Services Problems (a) (b) % Complete % Going %
(c)
(d) (e)
1 Consumer Finance Adirapoin 792 3.55% 792 100.00% 0 0.00% 0 0.00%
2 Consumer Finance Adiraku Application 5,721 25.62% 5,721 100.00% 0 0.00% 0 0.00%
3 Consumer Finance Insurance 238 1.07% 238 100.00% 0 0.00% 0 0.00%
4 Consumer Finance Danamon Auto 93 0.42% 93 100.00% 0 0.00% 0 0.00%
Debit
5 Consumer Finance Change the name 5 0.02% 5 100.00% 0 0.00% 0 0.00%
of BPKB (Vehicle
Owner Book)
6 Consumer Finance Stamp Duty fee 2 0.01% 2 100.00% 0 0.00% 0 0.00%
7 Consumer Finance Administrative 56 0.25% 56 100.00% 0 0.00% 0 0.00%
costs
8 Consumer Finance Withdrawal fee 3 0.01% 3 100.00% 0 0.00% 0 0.00%
9 Consumer Finance BPKB Deposit Fee 292 1.31% 292 100.00% 0 0.00% 0 0.00%
10 Consumer Finance Transaction Fee 872 3.90% 872 100.00% 0 0.00% 0 0.00%
11 Consumer Finance Consumers feel 78 0.35% 78 100.00% 0 0.00% 0 0.00%
they never have
credit
12 Consumer Finance Danadira - Login 4 0.02% 4 100.00% 0 0.00% 0 0.00%
13 Consumer Finance Danadira - Fund 3 0.01% 3 100.00% 0 0.00% 0 0.00%
Disbursement
14 Consumer Finance Danadira - Credit 5 0.02% 5 100.00% 0 0.00% 0 0.00%
Application
15 Consumer Finance Danadira – 8 0.04% 8 100.00% 0 0.00% 0 0.00%
Registration
16 Consumer Finance Late charges/ 1,295 5.80% 1,295 100.00% 0 0.00% 0 0.00%
penalty
17 Consumer Finance Failed update OTP 4 0.02% 4 100.00% 0 0.00% 0 0.00%
in ACI
18 Consumer Finance Keday 3 0.01% 3 100.00% 0 0.00% 0 0.00%
19 Consumer Finance Quiz/Competition 2 0.01% 2 100.00% 0 0.00% 0 0.00%
by Adira Finance
20 Consumer Finance Services (systems 917 4.11% 917 100.00% 0 0.00% 0 0.00%
and procedures)
21 Consumer Finance Officer’s Service 1,031 4.62% 1,031 100.00% 0 0.00% 0 0.00%
22 Consumer Finance Early Termination 220 0.99% 220 100.00% 0 0.00% 0 0.00%
23 Consumer Finance Online Payment 656 2.94% 656 100.00% 0 0.00% 0 0.00%
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Status of Completion
Type of Products Category of Total Not On
No % Complete
and Services Problems (a) (b) % Complete % Going %
(c)
(d) (e)
24 Consumer Finance Reposses handling 494 2.21% 494 100.00% 0 0.00% 0 0.00%
25 Consumer Finance Consumer offering 5 0.02% 5 100.00% 0 0.00% 0 0.00%
Media update
26 Consumer Finance Scam by 3rd party 26 0.12% 26 100.00% 0 0.00% 0 0.00%
27 Consumer Finance Customer Data 844 3.78% 844 100.00% 0 0.00% 0 0.00%
Discrepancies
28 Consumer Finance STNK extension 55 0.25% 55 100.00% 0 0.00% 0 0.00%
29 Consumer Finance Durable Goods 11 0.05% 11 100.00% 0 0.00% 0 0.00%
financing
30 Consumer Finance Promo Program 48 0.21% 48 100.00% 0 0.00% 0 0.00%
31 Consumer Finance Rate/Interest/ 5 0.02% 5 100.00% 0 0.00% 0 0.00%
Margin
32 Consumer Finance Restructring 10 0.04% 10 100.00% 0 0.00% 0 0.00%
33 Consumer Finance Pembiayaan MAXI 276 1.24% 276 100.00% 0 0.00% 0 0.00%
34 Consumer Finance Application status 965 4.32% 965 100.00% 0 0.00% 0 0.00%
35 Consumer Finance Black List Status 388 1.74% 388 100.00% 0 0.00% 0 0.00%
36 Consumer Finance Status BPKB/ BPKB 531 2.38% 531 100.00% 0 0.00% 0 0.00%
Status
37 Consumer Finance Status of other 56 0.25% 56 100.00% 0 0.00% 0 0.00%
important
document
38 Consumer Finance Insurance Claim 267 1.20% 267 100.00% 0 0.00% 0 0.00%
39 Consumer Finance Installment 5,812 26.02% 5,812 100.00% 0 0.00% 0 0.00%
payment
40 Consumer Finance STNK 196 0.88% 196 100.00% 0 0.00% 0 0.00%
41 Consumer Finance Total amount due 45 0.20% 45 100.00% 0 0.00% 0 0.00%
Total service data and settlement of 22,334 100% 22,334 100.00% 0 0.00% 0 0.00%
consumer complaints in 2024
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CORPORATE ETHICS · Having respect for fellow employees or other
parties regardless of rank and other measures.
To provide clearer guidelines to the Management
(including the Board of Commissioners, Board The following factors must be taken into account
of Directors, and Sharia Supervisory Board) and when applying work discipline:
employees of the Company, the Company has a • Respect work time, arrive on time.
code of ethics that applies to all members of the • Wear identification tag when in the office
Management and employees of the Company. environment.
• Do not conduct trade transactions for personal
This code of conduct is contained in the Company interests during working hours so as to interfere
Rules Book, which is distributed to all Management with the smooth running of work.
and employees of the Company and is also available • Use office equipment only for work facilities.
on the Company intranet. An introduction and • Do not engage in any activity related to illegal
socialization to the Company’s code of ethics and drugs, psychotropic substances or alcohol.
corporate culture is given to all new employees of the • Comply with smoking bans in the work area.
Company. In addition, at least every 3 (three) years, • Maintain order in the work atmosphere, maintain
the latest update would take effect on December cleanliness and good environment, apply high
28, 2023, and has been socialized and distributed to awareness, for example by not letting the phone
all employees of the Company. ring continuously.
• Not behaving that leads to sexual offences.
Each employee will be given an updated booklet
and required to sign a commitment statement to Responsibilities as a Community Member
comply with the applicable code of ethics. As members of the community, all leaders and
employees are required to comply with applicable
The Company’s code of ethics is a standard of laws, have high social sensitivity, maintain politeness
behavior that must be applied to all employees in norms and color daily activities with moral ethics,
carrying out business activities, including interacting especially when communicating with other
with stakeholders. Therefore, the Company imposes community members.
an obligation to comply with the Company’s code
of ethics for all employees, including the Board of Norms of decency and moral ethics cannot be
Directors and the Board of Commissioners. detailed in full because, basically, these things have
been known since our basic education as dignified
The main points of the Company’s code of ethics are social beings.
as follows:
Prohibition of Accepting Gifts
Responsibilities as Part of the Company All Company employees are prohibited from
The main responsibility as part of the Company is receiving money, goods, tips, commissions, or
to support the achievement of the Company’s goals, other facilities, either directly or indirectly, from
among others by: consumers, business partners, or other parties that
· Carrying out duties and responsibilities with have the potential to create a conflict of interest.
high integrity and always upholding honesty; As the Company has done in previous years, the
· Having the ability to make decisions based on Company again conducts socialization of this
internalized values is crucial. prohibition to all business partners, consumers
· Driving oneself with optimal efforts to achieve and the public, through newspapers that have
high performance standards; wide circulation in Indonesia, namely through
· Building trusting relationships; advertisements in the KOMPAS Daily Newspaper
· Sensitivity to the cleanliness and health of the on the March 25, 2024 as well as notification via
work environment; electronic mail to all employees of the Company.
· Always complying with company regulations
and applying work discipline;
· Improving and maintaining company’s
reputation;
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This step received a positive response from business partners and consumers, as evidenced by the support
given by most of the business partners to the Company by not giving gifts or presents as well as reports of
receiving gifts submitted to the Corporate Secretary.
Although the socialization of the prohibition on receiving gifts has been carried out widely and continuously,
the Company still found business partners who provide gifts/presents to the Company’s employees so that
the Company feels the need to take other preventive measures, namely by requiring every employee who
receives gifts or other forms to return them. without limitation to the value or price of the gifts/presents.
The list of gifts/presents received by the Company during 2024 is as follows:
No Gift Type Total
1 2 Voucher Cards 1
2 Orange 2
3 Strawberry 3
4 Potted Flowers 6
5 Cake 2
6 Cookies 112
7 Cookies & Cups 3
8 Cookies & Glassware 1
9 Cookies & Tumblr 1
10 Kue Lapis 3
11 Kue Pia 1
12 Glassware 6
13 Chicken Satay 1
14 Spagety 1
15 Speaker Bluetooth 1
16 Steak 1
Total 145
Apart from the list of gifts/presents mentioned above, most of the gifts/presents were successfully returned
by the Company’s business networks, divisions, or functional departments at the Head Office. The return of
the gift/presents is done by giving understanding to the sender so that the business relationship that has
been established well and closely so far can continue.
Nepotism
There is a prohibition on involving oneself in making decisions on a transaction if the employee has a
sibling relationship with business partners, consumers, or other employees involved in the transaction. If
the employee has a family relationship with another employee, then the employee concerned is required to
report to the Human Resources & General Affairs Division, which will regulate the matter so that there is no
conflict of interest.
Personal Business
Activities related to personal business must be avoided because they will interfere with work activities in the
office and have the potential to misuse office facilities for personal gain.
Confidentiality
Every employee is required to keep all Company information confidential, including the Company’s plans and
strategies, consumer information, financial information, operational activities, and other information deemed
important by the Company. This obligation arises since the employee is still in the training period, which is
continued while working at the Company and after not becoming an employee of the Company.
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Fair Competition • Article 13 Paragraph 10 letter b of the Company’s
The Company supports fair business competition Articles of Association stipulates that members
in carrying out all of its business activities. All of the Board of Directors who have an interest in
business and employee activities must be based a transaction, contract or proposed contract are
on fair competition and ethics. In order to carry not allowed to participate in voting on matters
out sound business activities, the Company relating to the transaction, unless the Board of
always makes various statements, both related to Directors Meeting determines otherwise.
products, services, and other activities in the form • Article 16 paragraph 10 letter b of the Company’s
of advertisements, news, or other forms. Employees Articles of Association stipulates that members
are required to make every effort to ensure that of the Board of Commissioners who have an
these statements are implemented and realized in interest in a transaction, contract or proposed
accordance with what has been disclosed because contract, are not allowed to participate in voting
these statements can affect the reputation and in relation to matters relating to the transaction,
growth of the Company. unless the Board of Commissioners Meeting
determines other.
CONFLICT OF INTEREST MANAGEMENT
AND RELATIONSHIPS WITH RELATED The Company always anticipates the possibility
PARTIES of a conflict of interest in every transaction that
will be carried out, including by implementing the
To prevent conflicts of interest, as stipulated in the Guidelines for Good Corporate Governance, in which
Financial Services Authority Regulation No. 20/ there are provisions to prevent conflicts of interest
POJK.04/2020 dated July 1, 2020 regarding Affiliated from occurring. This guideline applies to employees,
Transactions and Conflicts of Interest Transactions, senior officers, the Board of Directors and the Board
the Company’s Articles of Association has regulated of Commissioners of the Company without any
several provisions to prevent conflicts of interest, exceptions.
including:
· Article 12 Paragraph 9 of the Company’s Articles In addition, in conducting its business, to prevent
of Association stipulates that if the Company has conflicts of interest, the Company has adopted
interests that conflict with the personal interests a policy to use the services of an independent
of a member of the Board of Directors, the other appraiser and consultant to conduct an independent
members of the Board of Directors are entitled assessment of transactions to be carried out
to represent the Company. If the Company has between parties having a special relationship with
interests that are different from the interests of all the Company, which may have concerns for a
members of the Board of Directors, the Company conflict of interest.
will be represented by the Commissioners.
The table below describes transactions containing conflicts of interest carried out by the Company during
2024:
Name & Position with Conflict of Type of
No. Name & Position of Decision Maker escription
Interests Transaction
- - - - -
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PREVENTION OF INSIDER TRANSACTIONS All items and the nature of transactions have
been disclosed in Note 34 of the Audited Financial
In carrying out its operational activities, Adira Statements as of and for the year ended December
Finance conducts transactions with parties that 31, 2024. The special relationship may result in
have a special relationship, namely parties that have the treatment of the transaction being different
a direct or indirect relationship with the ownership from other transactions conducted with unrelated
or management of the Company, as referred to in the parties. special.
Statement of Financial Accounting Standards No. 7
and Regulation of the Financial Services Authority GRATUITY CONTROL
(formerly Bapepam and LK) No. VIII.G.7 concerning
the Presentation and Disclosure of Financial To control gratuities, the Company has implemented
Statements of Issuers or Public Companies. Types of policies, among others, in the Corporate Governance
transactions with affiliated parties include financing Guidelines, Code of Ethics, and other Company
cooperation, placement of funds in demand policies, which in principle prohibit the giving or
deposits and time deposits, dealer debt, consumer receiving of gifts and/or entertainment to or from
financing acquisition costs, equity participation, other parties as compensation and/or expressions
consumer financing, consumer financing vehicle of sympathy in interpersonal relationships related to
insurance cooperation, and bond purchases. work and/or position.
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ANTI-CORRUPTION POLICY Complaint Submission Procedure
A whistleblower may submit his/her report for each
Programs and Procedures complaint on violation or fraud through:
The Company has an Anti-Corruption Policy that is Website : https://www.adira.co.id
prepared with the aim of providing information and E-mail : adira-wbs.info@kpmg.com.sg
guidance for parties working for and on behalf of SMS dan Whatsapp : +62 811 8493 663
the Company regarding procedures for identifying, Surat : KPMG Siddharta Advisory
communicating, and dealing with corruption issues. Wisma GKBI Lt 35
Based on this policy, the Company prohibits bribery Jl. Jend Sudirman 28
and corruption in any form. This policy is also stated Jakarta 10210
in writing in the Company’s Code of Conduct. Attn. KPMG EthicsLine
Anti-Corruption Training/Socialization Complaint Handling Procedure [GRI 2-16]
The Company strives at all times to increase the a. The administrators of Violation Reporting System
awareness of management and all employees to receive and filters the Complaints/Disclosure
participate in preventing and avoiding corrupt report received to find early indication or in
practices, including by conducting blast e-mail accordance with the reporting criteria of the
socialization on Anti-Corruption and the Policy Violation Reporting System and can be followed
on Code of Conduct, socializing the prohibition of up. If “YES”, the Complaints/Disclosure report
receiving or giving gratuities, and implementing will be forwarded to the Violation Handling
anti-fraud programs to all employees. Committee. If “NO” then the process of Violation
Reporting System is complete.
b. The Violation Handling Committee receives
WHISTLEBLOWING SYSTEM a report from the Administrator of Violation
As a manifestation of its commitment, Adira Reporting System and conducts a preliminary
Finance implements the Whistleblowing System investigation of the Complaint/Disclosure to
in order to provide opportunities to all stakeholders determine whether further investigation by the
of Adira Finance, independent parties and third Internal Investigator and/or External Investigator
parties to submit reports on alleged violations of will be conducted.
good Corporate Governance principles, as well as c. The Investigation Team conducts further
applicable ethical values, based on the evidence investigation of the Complaint/Disclosure and
that can be accounted for and with good intentions reports the results to the Violation Handling
for the benefit of Adira Finance. Committee. If it is not proven or completed, the
Complaint/Disclosure report will be closed. If
Complaint Management [GRI 2-26] the Complaint/Disclosure is proven or requires
The Adira Finance Whistleblowing Service is follow up, then coordination will be carried out
managed by the Violation Handling Committee with the relevant divisions concerning sanctions
appointed by the Board of Directors to carry out or forwarded to the investigator to be processed
Management of the Whistleblowing System at further in accordance with prevailing rules
Adira Finance, including conducting preliminary and regulations as well as necessary remedial
reviews of complaints/disclosure of violations. These measures.
personnel are directly responsible to the Board of d. Reporting to the Board of Directors on summary
Directors and are professionally assisted by the cases reported and followed up is done at least
Whistleblowing System Administration Consultant, once a year.
especially regarding the administration of reporting e. The entire investigation process for complaints/
complaints/disclosures, and have firm follow-up so disclosures shall be supported by valid working
that it is expected to be able to prevent and detect papers.
potential violations or fraud in Adira Finance since f. The management procedures on Complaints/
early on, and can have a deterrent effect on would- Disclosure through the Violation Reporting
be offenders. System is carried out in accordance with
established guidelines.
g. The entire process of the Complaint Reporting
System must be well documented and reliable
(accountable).
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Complaints They are analyzed to be followed
via up or not
Website, Email, SMS, WhatsApp, Letter
Yes No
Documentation
Preliminary Complaint
Advanced Investigation Handling
Investigation
Committee
Performed
Pe
N rm
rf
ot e
o
d
Complaint Handling Board of
Report Report Directors
Committee
Sanction & Improvement
Related Divisions
Action
Protection for Whistleblower
In accordance with the Company’s policy, the confidentiality and security of the party that reports any
violation or fraud will be protected. The identity of the reporting party is known only to the administrators of
complaint system and the Board of Directors.
Complaints and Follow-Up
In 2024, the number of incoming complaints and their follow-up processes can be seen in the table below:
Number of Employees
No. Complaint Status Total Case Sanction
Involved
1. Complaints that were forwarded for
investigation:
In processs: 8 (In Process) (In Process)
Completed:
Violations are evident: 3 36 A. Sanction = 29
B. No sanction = 2
C. Sanction is not final yet = 5
No violation is evident: 2 0 0
2. Complaints that were not forwarded for 45 0 0
investigation (due to insufficient or lack of
evidence)
Dissemination
In 2024, in order to provide understanding to all stakeholders, the Company has conducted dissemination,
either through direct meetings, Company’s website, internal portal, or social media.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 353
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Violation Handling Guidelines
To deal with every violation of the code of conduct committed by employees, Management has prepared
written provisions regarding guidelines for handling violations. The guidelines regulate the handling of
violations committed by employees, which are handled by the employee’s direct supervisor, the Human
Resources & General Affairs Division, and the Legal Division. Every process of handling violations is always
reported to the Board of Directors and also submitted to the Internal Audit Unit, Legal Division, and Human
Resources & General Affairs Division. This provision has been conveyed and socialized to all employees, both
at the Head Office and throughout the Company’s business network.
Number of Code of Conduct Violation in 2024:
Violation Number Sanction
Level I Violation 5,576 Written Reprimand
Level II Violation 4,152 SP I
Level III Violation 97 SP II
Level IV Violation 37 SP III
Level V Violation 936 Written Reprimand
Level VI Violation 281 Suspension / Termination
FRAUD CONTROL [GRI 2-26] respective duties and responsibilities. These
authorities and responsibilities include:
Fraud is an act of deviation or omission that is a. Developing anti-fraud awareness and
intentionally carried out to deceive, mislead, or culture within the Company, including,
manipulate the Financing Company, Debtor, or among others, an anti-fraud declaration
other party, which occurs within the Financing and adequate communication regarding
Company and/or uses the facilities of the Financing behaviors classified as fraud;
Company, resulting in the Financing Company, b. Signing an integrity pact by all internal
Debtor, or other party suffering losses and/or the employees of the Company, including
fraud perpetrators obtaining financial benefits, the Board of Directors and Board of
either directly or indirectly. Commissioners, with the integrity pact
covering:
Based on POJK No. 12 of 2024 concerning the · Consistently complying with laws and
Implementation of Anti-Fraud Strategies for regulatory provisions;
Financial Services Institutions, the Company · Acting objectively, upholding ethical
implements an anti-fraud strategy as an integral and moral values, fairness, transparency,
part of risk management, which cannot be separated consistency, honesty, and commitment;
from the overall risk management framework. · Actively participating in fraud prevention
Therefore, the effectiveness of anti-fraud strategy and eradication efforts and being willing
implementation must be supported, at a minimum, to report any fraud incidents within the
by strengthening risk management aspects that Company; and
focus on fraud control. · Creating a work environment free from
corruption, collusion, and nepotism (KKN).
Aspects of Fraud Control c. Developing and overseeing the
1. Active supervision from the Board of Directors implementation of a code of ethics related to
and Board of Commissioners fraud prevention for all internal employees of
The active oversight of fraud by the Board the Company;
of Directors and Board of Commissioners d. Formulating and supervising the
encompasses the authority and responsibilities comprehensive implementation of the Anti-
of both bodies in implementing the Company’s Fraud Strategy;
Anti-Fraud Strategy, in accordance with their e. Enhancing the quality of human resources
(HR), particularly in increasing fraud
awareness and control;
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f. Monitoring and periodically reviewing fraud g. Avoidance of conflicts of interest in decision-
incidents and determining appropriate making, delegation of authority, and
follow-up actions, including imposing segregation of functions;
suitable sanctions on fraud perpetrators; and h. Establishment of limitations on gratuities, in
g. Developing effective communication line with the scope defined by the Company;
channels both internally and externally i. Setting limits on the provision and acceptance
to ensure that all Company officials and of facilities, gifts, and sponsorships both
employees understand and comply with all internally and externally;
applicable policies and procedures, including j. Establishment of anti-bribery and anti-
fraud control policies and procedures. corruption policies as a demonstration of
the Company’s commitment and a reference
2. Policies and Procedures for implementing anti-bribery and anti-
The Company has developed and designed corruption practices;
policies and procedures for fraud control k. Mechanisms for applying the Know Your
implementation in accordance with the scale Customer (KYC) principle or identifying the
and complexity of its business activities. These Company’s beneficial owners;
measures aim to mitigate identified risks and l. Fraud reporting mechanisms, including
prevent behaviors that could lead to fraudulent whistleblowing procedures, fraud reporting
activities. systems, and documentation within the
Policies and procedures are well communicated Operational Risk Management information
to all Company employees and various system;
parties related to the Company so that the m. Enforcement of disciplinary actions and
implementation of policies and procedures can sanctions for violations of anti-fraud
run effectively. regulations;
n. Regular monitoring and evaluation of fraud
The Company’s fraud prevention policies and prevention policies and procedures; and
procedures cover at least the following aspects: o. Other necessary matters related to policies
a. Commitment from the Board of Directors and procedures.
and Board of Commissioners;
b. Establishment of a comprehensive internal 3. Organizational Structure and Accountability
control system and risk assessment To support the effective implementation of
procedures; the Anti-Fraud Strategy, the Company has
c. Due diligence on third parties engaged with established a dedicated unit or function
the Company, in compliance with applicable responsible for fraud control and the execution of
regulations; the Anti-Fraud Strategy. This Fraud Control and
d. Determination of remuneration based on Anti-Fraud Strategy Implementation Function
roles and responsibilities; is structured in accordance with the scale and
e. Implementation of good corporate complexity of the Company’s business activities.
governance in the Company’s business
operations; The responsibility for overseeing the
f. Financial, non-financial, and accounting Fraud Control and Anti-Fraud Strategy
controls in accordance with prevailing Implementation Function lies with the Director
financial accounting standards; of Risk Management (Chief Risk Officer), who
reports directly to the President Director (Chief
Executive Officer) and maintains a direct
communication and reporting line with the
Board of Commissioners.
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The organization of Adira Finance’s Fraud Control Function is as follows
President Director
Head of Fraud Control
(Head of Risk Management)
Vice Head of Fraud Control
(Head of Operational Risk
Management)
SAF Control and Implementation
Function Coordinator
Non-Permanent
Permanent Member
Member of Fraud
of Fraud Control
Control
4. Control and Monitoring process/activity carried out by the company
Fraud control and monitoring are essential at various levels of the organization, aspects
components of the internal control system, and principles of fraud control are stated
ensuring the effective implementation of the in the applicable operational policies and
Anti-Fraud Strategy. Fraud monitoring must be procedures, including but not limited to
supported by an adequate information system fulfilling the four eyes principles, including
that aligns with the complexity and risk level of the application of segregation of duties so
fraud occurrences. This control and monitoring that each party involved in the activity does
process is carried out by the Fraud Control and not have the opportunity to commit and hide
Anti-Fraud Strategy Implementation Function, fraud in carrying out their duties;
in collaboration with other relevant units. c. Avoidance of conflicts of interest in decision
making and delegation of authority;
In carrying out control and monitoring, d. Control in the field of Human Resources
the Company takes steps to increase the through the implementation of rotation
effectiveness of the implementation of the Anti- policies, transfers, mandatory leave, and social
Fraud Strategy which includes: or togetherness activities. In addition, the
implementation of remuneration must be in
a. Control through reviews by both the Board accordance with duties and responsibilities;
of Directors and the Board of Commissioners e. Socialization of anti-fraud policies must be
on the implementation of the Anti-Fraud carried out periodically to all employees to
Strategy as well as operational reviews on the create a culture of fraud prevention among
implementation of the Anti-Fraud Strategy Company employees;
by the Work Unit or Internal Audit function or f. Control of information systems that support
other parties appointed by the Company. This electronic data processing, storage and
control and monitoring process is also carried security to prevent potential fraud. The
out by committees consisting of the Board of Company has a technology risk management
Directors and the Board of Commissioners. and information security policy that serves
The committees under the Board of Directors as a reference in the implementation
are the Risk Management Committee and of technology risk management and
the Fraud Committee. The committees information security in the Company;
under the Board of Commissioners are the g. Other controls and monitoring to improve
Risk Monitoring Committee and the Audit the effectiveness of the implementation
Committee. of the Anti-Fraud Strategy such as control,
b. Separation of functions in the implementation monitoring, and documentation of physical
of company activities at all levels of the assets; and
organization and the application of the four
eyes principles in financing activities. In every
356 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
h. Fraud risk monitoring is also carried out 4. Monitoring, Evaluation and Follow-up
through the preparation of periodic reports The pillars of monitoring, evaluation and follow-
to Management to identify problems that up are part of the fraud control system which
arise related to fraud incidents. The Company includes :
has a policy related to the determination of a. Monitoring
limits and restrictions related to fraud risks One of the important steps in implementing
that are monitored periodically. a fraud control system is monitoring the
follow-up actions taken against fraud,
Anti-Fraud Strategy both in accordance with the Company’s
Anti-Fraud Strategy is part of the anti-fraud policy internal provisions and in accordance with
which includes the implementation of a fraud the provisions of laws and regulations. The
control system, which has 4 (four) pillars as follows: Company has a Fraud Committee consisting
1. Prevention of the Board of Directors and related Work
The prevention pillars that contain steps to Units for the process of monitoring fraud
reduce the potential risk of fraud include: cases periodically.
a. Anti-fraud awareness b. Evaluation
· Preparation and socialization of Anti- The Company records, documents and
Fraud maintains fraud incident data/information.
• Anti-Fraud culture program for employees The incident data can be used as an evaluation
• Socialization program for awareness and tool to conduct analysis and evaluation to find
awareness of fraud for consumers and determine factors that are considered
• Training and socialization programs to still have weaknesses in order to provide
b. Identification of vulnerabilities; recommendations for improvement.
c. Know Your Employee (KYE) policy; c. Follow-up
d. Implementation of the Code of Ethics; The Company prepares a follow-up mechanism
e. Fraud Prevention systems and policies; and based on the results of the evaluation of
f. Checking third-party service providers related fraud incidents to improve weaknesses and
to the Company. strengthen the internal control system in
2. Detection order to prevent the recurrence of fraud due
The detection pillars that contain steps to to similar weaknesses. The evaluation results
identify and find fraud in the company’s business are followed up with recommendations for
activities include: corrective actions to strengthen the Internal
a. Policies and mechanisms for handling Control System.
complaints through the whistle blowing
system (WBS); The Company always ensures that anti-corruption
b. Complaints of indications of fraud through and anti-fraud initiatives are fully implemented
other channels; throughout the organization. In 2024, the Company
c. Surprise audits; implemented a number of initiatives to strengthen
d. Supervision system; the precautionary approach to the risk of corruption
e. Fraud detection applications; and and fraud, including strengthening the anti-
f. Fraud sampling and telephone verification. corruption culture through routine socialization
3. Investigation, Reporting and Sanctions across our operational network and improving work
The pillars of investigation, reporting and systems and procedures to eliminate opportunities
sanctions include: for corruption or fraud.
a. Investigation;
b. Recovery or return of assets (Recovery); This year 2024, the Company has conducted 21 anti-
c. Reporting to Internal, Parent Company and corruption and anti-fraud trainings attended by
Financial Services Authority; and 2,867 employees, from Staff level to Regional Head.
d. Imposition of sanctions on fraud perpetrators. [GRI 205-2]
The Company has established general policies to
take firm action against all acts of corruption and
fraud, including the dishonorable dismissal of
persons who have been proven guilty, and based on
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 357
Page 360
the provisions and procedures in place, the Company can report perpetrators of fraud to the authorities for
prosecution in accordance with applicable laws and regulations.
Number of fraud cases in 2024: [GRI 205-3]
Number of Fraud Perpetrated by:
Permanent Non-Permanent
Total Fraud Management Non-Employee
Employee Employee
2024 2023 2022 2024 2023 2022 2024 2023 2022 2024 2023 2022
Total number of fraud 0 0 0 359 709 555 0 0 0 296 404 298
Settled 0 0 0 359 709 555 0 0 0 296 404 298
In-progress 0 0 0 0 0 0 0 0 0 0 0
No solution has been given 0 0 0 0 0 0 0 0 0 0 0
Followed up by legal process 0 0 0 0 0 0 0 0 0 0 0
The Company’s total potential loss in 2024 (without taking into account the recovery obtained in order to save
the Company’s assets) is approximately IDR27.3 billion, with no fraud having a significant negative impact on
the Company.
COMPANY LEGAL CASES
To the best of the Company’s knowledge, up to the date of publication of this annual report, the Company
is facing several legal cases and/or lawsuits from third parties whose value is not material. Meanwhile, as for
members of the Company’s Board of Commissioners and/or Board of Directors, to the best of the Company’s
knowledge, until the publication of this annual report, they have not faced lawsuits from third parties or been
involved as parties in legal cases.
Legal cases, including civil, criminal, PTUN, consumer protection, and others involving the Company in 2024
as a party, are as follows:
Counterparty
No Court Case No. Position Case Description Case Value
Position
DISTRICT COURT/RELIGIOUS COURT (PN/PA)
1 Tangerang 104/Pdt.Eks/2023/ Plaintiff Defendant Adira Finance Tangerang Branch IDR194,765,941
District Court PN.Tng submitted a request for the execution
of a fiduciary collateral against the
Consumer/Debtor under the name
of Tatu Firda Anastatia because the
Consumer/Debtor was in default
regarding the obligation to pay
financing installments.
2 Banjarmasin 3/Pdt.Eks/ Plaintiff Defendant Adira Finance Banjarmasin Branch IDR419,895,724
District Court Fidusia.2023/PN submitted a request for fiduciary
Bjm execution against the Consumer/
Debtor because the Consumer/
Debtor was in default regarding
the obligation to pay financing
installments.
3 Cikarang 47/Pdt.G/2024/ Defendant Plaintiff Adira Finance CIkarang Branch IDR763,159,736
District Court PN Ckr was sued by Consumers/Debtors
under the name of Mira Permatasari
Dewi, because Consumers/Debtors
considered that the financing
agreement made by Adira Finance
violated standard clauses prohibited
by the Consumer Protection Law.
4 South Jakarta 506/Pdt.G/2024/ Defendant Plaintiff Adira Finance Latumeten Branch IDR289,893,718
District Court PN Jkt.Sel was sued by the Consumer/Debtor
under the name of Arwan Adi Putra,
because the plaintiff objected to Adira
Finance's attempt to take control of
the fiduciary collateral.
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and Analysis Responsibility
Counterparty
No Court Case No. Position Case Description Case Value
Position
5 Rohil District 31/Pdt.G/2024/ Defendant Plaintiff Adira Finance Dumai Branch was IDR239,789,208
Court PN Rhl sued by the Consumer/Debtor under
the name of Dewi S because the
Consumer/Debtor considered that
the financing agreement made by
Adira Finance violated standard
clauses prohibited by the Consumer
Protection Law.
6 Jambi District 136/Pdt.G/2024/ Defendant Plaintiff Adira Finance Jambi Branch was IDR421,036,035
Court PN Jmb sued by the Consumer/Debtor under
the name of Aidil Amin, because the
plaintiff objected to Adira Finance's
attempt to take control the fiduciary
collateral.
7 Jambi District 140/Pdt.G/2024/ Defendant Plaintiff Adira Finance Jambi Branch was IDR277,328,700
Court PN Jmb sued by the Consumer/Debtor under
the name of Adi Asmar, because the
plaintiff objected to Adira Finance's
attempt to take control of the
fiduciary collateral.
8 Makasar 284 / Pdt.G/ 2024/ Defendant Plaintiff Adira Finance Jambi Branch IDR622,476,259
District Court PN Mks (Defendant II) was sued by a third
party under the name of Muh. Juarsa
Ahmad because the plaintiff felt he
had never agreed to use his unit as
collateral for a financing facility in the
name of the Consumer/Debtor of PT.
Ceria Alam Semesta (Defendant I)
9 Rantauprapat 90/Pdt.G/2024/ Defendant Plaintiff Adira Finance Rantau Prapat Branch IDR1,089,625,000
District Court PN Rap (Defendant I), Bintang Motor as
the winning dealer of the auction
(Defendant II), Rudi Hermanto as
BFI Debtor (Defendant III), and BFI
Finance Rantau Prapat Branch
(Defendant IV) were sued by Ex.
Consumer/Debtor in the name of
Irwan Hanafi because the plaintiff
felt that he had never agreed to use
his unit as collateral for the financing
facility in the name of the BFI Debtor
(Defendant III).
10 Jambi District 175/Pdt.G/2024/ Tergugat Plaintiff Adira Finance Jambi Branch was sued IDR229,039,940
Court Pn.Jmb by Consumers/Debtors under the
name of Ismet because the plaintiff
objected to Adira Finance's efforts
to collect financing installment
obligations.
11 Pekanbaru 296/Pdt.G/2024/ Defendant Plaintiff Adira Finance Pekanbaru Branch was IDR648,150,000
District Court PN Pbr sued by the Consumer/Debtor under
the name of Suriyadi because the
plaintiff objected to the control and
sale of fiduciary collateral by Adira
Finance.
12 Kisaran District 92/Pdt.G/2024/ Defendant Plaintiff Adira Finance Kisaran Branch was IDR330,600,000
Court PN Kis. sued by consumers/debtors under
the name of Dirpan Jaya, because the
plaintiff objected to Adira Finance's
attempt to take control of the
fiduciary collateral.
13 Bukittinggi 60/Pdt.G/2024/ Defendant Plaintiff Adira Finance Padang Branch was IDR107,022,188
District Court PN Bkt sued by the Consumer/Debtor under
the name of Aro Yones because the
plaintiff objected to:
1. Adira Finance's attempts to collect
financing installment obligations.
2. police report regarding the alleged
transfer of fiduciary collateral unit
carried out by Adira Finance.
14 Tanjungkarang 231/Pdt.G/2024/ Defendant Plaintiff Adira Finance Tanjungkarang IDR2,041,191,000
District Court PN. Tjk. Branch was sued by Consumers/
Debtors under the name of Nur Asiah
because the plaintiff considered
that the financing agreement made
by Adira Finance violated standard
clauses prohibited by the Consumer
Protection Law.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 359
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Counterparty
No Court Case No. Position Case Description Case Value
Position
15 Serang District 202/Pdt.G/2024/ Defendant Plaintiff Adira Finance Serang Branch was IDR167,199,949
Court Pn.Srg sued by the Consumer/Debtor under
the name of Agus Andri because the
plaintiff considered that the financing
agreement made by Adira Finance
violated standard clauses prohibited
by the Consumer Protection Law.
16 Balikpapan 266/Pdt.G/2024/ Defendant Plaintiff Adira Finance Balikpapan Branch IDR750,000,000
District Court PN Bpp. (Defendant I), Herman as PIC
Recovery (Defendant II), and Adira
Finance Head Office (Defendant
III) were sued by a third party who
claimed to be the owner of the
collateral unit in the name of PT
Powertrain Solution Indonesia
because the plaintiff objected to Adira
Finance's attempt to take control of
the fiduciary collateral unit.
17 Lhokseumawe 9/ Pdt.G.2024/ Defendant Plaintiff Adira Finance Lhoksemawe Branch IDR715,000,000
District Court PN.Lsm was sued by Nurdiansyah, a third
party whose name was borrowed by
the Debtor in collaboration with SO
because the plaintiff objected to the
billing and reporting of SLIK by Adira
Finance.
18 Serang District 198/Pdt.G/2024/ Defendant Plaintiff Adira Finance Serang Branch was IDR290,877,552
Court Pn.Srg sued by Consumers/Debtors under
the name of Saripudin because the
plaintiff considered that the financing
agreement made by Adira Finance
violated standard clauses prohibited
by the Consumer Protection Law.
19 Manado 680/Pdt.G/2024/ Defendant Plaintiff Adira Finance Manado Branch was IDR443,696,259
District Court PN Mnd. sued by the Consumer/Debtor under
the name of Arthur Oroh, because:
1. The plaintiff objected to the police
report regarding the alleged transfer
of fiduciary collateral units carried out
by Adira Finance.
2. considers that the financing
agreement made by Adira Finance
violates standard clauses prohibited
by the Consumer Protection Law.
20 Kendari 1/Pdt/Pdt.Eks / Plaintiff Defendant Adira Finance Kendari Branch IDR456,009,870
Religious PA.Kdi submitted a request for fiduciary
Court execution against the Consumer/
Debtor under the name of Erwin
Harsono because the defendant was
in default regarding the obligation to
pay financing installments.
21 Boyolali 60/Pdt.G/2024/ Defendant Plaintiff Adira Finance Solo Baru Branch IDR200,000,000
District Court PN Byl (Defendant IV) was sued by a third
party under the name of Nunuk
Ribanu because Anisa Indarwati
(Defendant I) and Putra Dwi
Krisnawan (Defendant II) misused
funds belonging to the Plaintiff, which
should have been used to purchase
heavy equipment, but by Defendant I
and Defendant II were misused to pay
down payments and installments to
BCA Finance Solo (Defendant III) and
Defendant IV.
22 Sukoharjo 124/Pdt.G/PN. Skh Defendant Plaintiff Adira Finance Solo Branch was sued IDR2,344,592
District Court by consumers/debtors under the
name of Dana Kanti Rahayu because
the plaintiff objected to fines and
BPKB deposit fees, which, according
to the plaintiff, were never explained
during the application for financing.
23 Tangerang 182/Pdt.G.S/2024/ Plaintiff Defendant Adira Finance Cikupa Branch IDR376,219,476
District Court Pn.Tng submitted a request for fiduciary
execution against the Consumer/
Debtor under the name of Eer Rohilah
because the defendant was in default
regarding the obligation to pay
financing installments.
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Counterparty
No Court Case No. Position Case Description Case Value
Position
24 Martapura 50/Pdt.G/2024/PN Defendant Plaintiff Adira Finance Martapura Branch was IDR138,352,672
District Court Mtp. sued by the Consumer/Debtor under
the name of Nining Indah Purwati
because the plaintiff considered
that the financing agreement made
by Adira Finance violated standard
clauses prohibited by the Consumer
Protection Law.
25 PN Bekasi 613/Pdt.G/2024/ Defendant Plaintiff Adira Finance Harapan Indah Branch IDR630,450,000
Bekasi District PN.Bks (Defendant II) was sued by a third
Court party whose name was borrowed
by the Consumer/Debtor under the
name of Saiful Anwar (Defendant
I) because the plaintiff objected to
installment payments that were not
smooth so that the plaintiff was listed
on the SLIK OJK blacklist.
HIGH COURT (PT)
1 Manado High 317/Pdt.G/2024/ Defendant Plaintiff Adira Finance Manado Branch IDR337,321,726
Court PN Mnd (Defendant) and Notary Eka (Co-
Defendant I), North Sulawesi Ministry
of Law and Human Rights (Co-
Defendant II), and Pitoesi (Defendant
III) were sued by Consumer/Debtor
under the name of Arichandra Hinta
because the plaintiff felt he had never
signed a Fiduciary Power of Attorney
and objected to the making of a
Fiduciary Deed using a Notary outside
the Manado City area.
SUPREME COURT (MA)
1 Supreme Court 247/ pdt.Bth/2020/ Defendant Plaintiff Adira Finance Manado Branch was IDR387,900,000
Pn. Mnd sued by Consumers/Debtors, because:
1. The plaintiff objected to Adira
Finance's attempt to take control of
the fiduciary collateral;
2. The plaintiff considered that the
financing agreement made by
Adira Finance violates standard
clauses prohibited by the Consumer
Protection Law
2 Supreme Court 12/ Pdt.G/2022/ Defendant Plaintiff Adira Finance Gorontalo Branch was IDR275,048,000
PN Gto sued by the Consumer/Debtor's heirs
because the insurance claim was
rejected on the grounds that the
plaintiff had not passed the waiting
period stipulated in the policy (died
before 3 months after the date of the
financing agreement)
3 Supreme Court 396/Pdt.G/2023/ Defendant Plaintiff Adira Finance West Jakarta Branch IDR1,281,940,800
PN.Jkt.Brt was sued by Consumer/Debtor under
the name of Iwan Hartono because
the plaintiff objected to the police
report regarding the alleged transfer
of fiduciary collateral units carried out
by Adira Finance
4 Supreme Court 81/Pdt.G/2023/ Defendant Plaintiff Adira Finance Padang Branch was IDR105,975,000
PN.Pdg sued by the consumer/debtor under
the name of Wanda Pratama because:
1. The plaintiff objected to Adira
Finance's attempt to take control of
the fiduciary collateral;
2. The plaintiff considered that the
financing agreement made by
Adira Finance violates standard
clauses prohibited by the Consumer
Protection Law
5 Supreme Court 22/Pdt.G/2023/ Defendant Plaintiff Adira Finance Gorontalo Branch was IDR130,540,044
PN.Gto sued by Consumer/Debtor under the
name of Ahmad Ismail because the
plaintiff objected to the control and
sale of fiduciary collateral by Adira
Finance.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 361
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Counterparty
No Court Case No. Position Case Description Case Value
Position
6 Supreme Court 339/Pdt.G/2023/ Defendant Plaintiff Adira Finance Bekasi Branch was IDR75,000
PN Bks sued by consumers/debtors under the
name of Raden Catur Wibowo, S.H.1.,
because the plaintiff objected to the
BPKB deposit fee, which, according
to the plaintiff, was never explained
during the application for financing.
7 Supreme Court 51/Pdt.G/2023/PN. Defendant Plaintiff Adira Finance Bandarjaya Branch was IDR332,975,353
Gns. sued by the Consumer/Debtor under
the name of Herlinawati because the
plaintiff considered that the financing
agreement made by Adira Finance
violated standard clauses prohibited
by the Consumer Protection Law.
8 Supreme Court 161/Pdt.G/2023/PN Defendant Plaintiff Adira Finance Jambi Branch was sued IDR78,002,680
Jmb by Consumer/Debtor under the name
of Dwi Atina Muhaima because the
plaintiff objected to the police report
regarding the alleged transfer of
fiduciary collateral units carried out
by Adira Finance.
9 Supreme Court 27/Pdt.G/2023/ Defendant Plaintiff Adira Finance Solok Branch IDR225,000,000
PN. Slk. (Defendant I), Consumer/Debtor
under the name of Aidil Fitria
(Defendant III), and other parties
were sued by a Third Party under the
name of Aditya Dwifandi because the
plaintiff objected to the control of the
fiduciary unit by Adira Finance, which
the plaintiff felt never approved its
unit to be used as fiduciary collateral
for financing facilities of Consumer/
Debtor under the name of Aidil Fitria
10 Supreme Court 743/Pdt.G/2023/ Defendant Plaintiff Adira Finance Manado Branch was IDR11,000,000
PN Mnd sued by Consumer/Debtor under
the name of Diana Maria Tumiwan
because the plaintiff objected to the
police report regarding the alleged
transfer of fiduciary collateral carried
out by Adira Finance.
11 Supreme Court 300/Pdt.G/2023/ Defendant Plaintiff Adira Finance Cabang Bekasi digugat IDR109,338,074
PN Ckr oleh Konsumen/Debitur atas nama
Didin Komarudin, karena keberatan
atas penguasaan unit jaminan fidusia
yang dilakukan oleh Adira Finance.
Adira Finance Bekasi Branch was
sued by the Consumer/Debtor
under the name of Didin Komarudin
because the plaintiff objected to Adira
Finance's attempt to take control of
the fiduciary collateral.
12 Supreme Court 96/Pdt.G/2024/ Defendant Plaintiff Adira Finance Tangerang Branch was IDR2,000,000,000
PN Tng sued by Consumers/Debtors under
the name of Paryono because the
plaintiff considered that the financing
agreement made by Adira Finance
violated standard clauses prohibited
by the Consumer Protection Law.
13 Supreme Court 17/Pdt.G/2024/ Defendant Plaintiff Adira Finance Magelang Branch was IDR50,000,000
Pn.Pwr sued by Consumers/Debtors under
the name of PT. Ardan (Ardani Yusuf)
because the plaintiff objected to Adira
Finance's attempt to collect financing
installment obligations
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and Analysis Responsibility
Tax cases/disputes involving the Company as parties throughout 2024 are as follows:
Total
No. Case No. Case Material Position Versus Case Status
Lawsuit
1 2732/B/PK/Pjk/2024 1 VAT results from tax audit findings Respondent for Director Request
for the February 2016 period Judicial Review General of for Judicial
Taxes Review Cannot
Be Accepted
2 005038.15/2023/PP 1 Corporate Income Tax results from Appellant Director Appeal
2017 tax audit findings General of Rejected
Taxes
3 005039.16/2023/PP 1 VAT results from tax audit findings Appellant Director Appeal
for the June 2017 period General of Rejected
Taxes
4 005040.16/2023/PP 1 VAT results from tax audit findings Appellant Director Appeal
for the July 2017 period General of Rejected
Taxes
5 005041.16/2023/PP 1 VAT results from tax audit findings Appellant Director Appeal
for the August 2017 period General of Rejected
Taxes
6 005042.16/2023/PP 1 VAT results from tax audit findings Appellant Director Appeal
for the September 2017 period General of Rejected
Taxes
7 005043.16/2023/PP 1 VAT results from tax audit findings Appellant Director Appeal
for the October 2017 period General of Rejected
Taxes
8 005044.16/2023/PP 1 VAT results from tax audit findings Appellant Director Appeal
for the November 2017 period General of Rejected
Taxes
9 005045.16/2023/PP 1 VAT results from tax audit findings Appellant Director Appeal
for the December 2017 period General of Rejected
Taxes
10 - 1 Corporate Income Tax results from Applicant for Director Waiting
2017 tax audit findings Judicial Review General of for Case
Taxes Registration
11 - 1 Corporate Income Tax results from Applicant for Director Waiting
2017 tax audit findings Judicial Review General of for Case
Taxes Registration
12 - 1 VAT results from tax audit findings Applicant for Director Waiting
for the July 2017 period Judicial Review General of for Case
Taxes Registration
13 - 1 VAT results from tax audit findings Applicant for Director Waiting
for the August 2017 period Judicial Review General of for Case
Taxes Registration
14 - 1 VAT results from tax audit findings Applicant for Director Waiting
for the September 2017 period Judicial Review General of for Case
Taxes Registration
15 - 1 VAT results from tax audit findings Applicant for Director Waiting
for the October 2017 period Judicial Review General of for Case
Taxes Registration
16 - 1 VAT results from the findings of Applicant for Director Waiting
the November 2017 tax audit Judicial Review General of for Case
Taxes Registration
17 - 1 VAT results from tax audit findings Applicant for Director Waiting
for the December 2017 period Judicial Review General of for Case
Taxes Registration
18 009152.15/2024/PP 1 Corporate Income Tax results from Appellant Director Waiting
2018 tax audit findings General of for Appeal
Taxes Decision
19 009153.16/2024/PP 1 VAT results from tax audit findings Appellant Director Waiting
for the September 2018 period General of for Appeal
Taxes Decision
20 009154.16/2024/PP 1 VAT results from tax audit findings Appellant Director Waiting
for the October 2018 period General of for Appeal
Taxes Decision
21 009155.16/2024/PP 1 VAT results from the findings of Appellant Director Waiting
the November 2018 tax audit General of for Appeal
Taxes Decision
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 363
Page 366
Total
No. Case No. Case Material Position Versus Case Status
Lawsuit
22 009156.16/2024/PP 1 VAT results from tax audit findings Appellant Director Waiting
for the December 2018 period General of for Appeal
Taxes Decision
These cases and disputes do not have a negative and material impact on the Company’s business activities
and/or the Company’s financial condition.
Legal cases, both civil and criminal, involving members of the Board of Commissioners as parties throughout
2024 are as follows:
No. Case No. Total Lawsuit Case Material Position Versus Case Status
- - - - - - -
Legal cases, both civil and criminal, involving members of the Board of Directors as parties throughout 2024
are as follows:
No. Case No. Total Lawsuit Case Material Position Versus Case Status
- - - - - - -
VIOLATIONS OF LAWS RELATED TO EMPLOYMENT, CONSUMER, BANKRUPTCY,
COMMERCIAL, COMPETITION, AND/OR ENVIRONMENTAL ISSUES
Throughout 2024, Adira Finance did not commit any legal violations related to employment, consumer,
bankruptcy, commercial, competition, and/or environmental issues.
ADMINISTRATIVE SANCTIONS FROM REGULATORS
In 2024, there were 2 (two) written warnings and 3 (three) sanctions in the form of fines in the amount of
IDR5,500,000 (five million five hundred Rupiah).
Data of Sanctions from Regulators throughout 2024:
Sanctioning
Date Sanction Type Description
Institution
January 10, 2024 Fine Financial Service Imposition of sanctions of the obligation to pay a fine of
Authority IDR100,000.00 (one hundred thousand Rupiah) for submitting
Debtor Reports and/or Debtor Reports Corrections to the
Financial Information Services System (SLIK) for 2 Debtors for the
period July 2023.
January 16, 2024 Fine Financial Service Imposition of sanctions of the obligation to pay a fine of
Authority IDR5,000,000.00 (five million Rupiah) for late submission of the
appointment of AP and/or KAP in the context of the Audit of the
2022 Financial Statement.
May 20, 2024 Written Warning Financial Service Written Warning regarding the delay in Complaint Resolution at
Authority APPK, Reporters Mirta Desi Wulandari and Muh Idrus.
June 19, 2024 Fine Financial Service Imposition of sanctions of the obligation to pay a fine of
Authority IDR400,000.00 (four hundred thousand Rupiah) for submitting
Debtor Reports and/or Debtor Reports Corrections to the
Financial Information Service System (SLIK) for 8 Debtors for the
period January 2024.
September 19, 2024 Written Warning Financial Service Written warning for the inclusion of non-specific advertisements
Authority in the second quarter of 2024.
Tax Sanctions
Adira Finance has paid all tax assessments resulting from the audit that are due for payment in accordance
with applicable regulations, so Adira Finance has no tax arrears under the provisions.
364 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
ACCESS TO COMPANY INFORMATION AND DATA
Adira Finance is always committed to implementing transparency as one of the principles of good corporate
governance. The Company provides easy access to its corporate data and information that all stakeholders
may need from time to time about the Company’s performance, both financial and non-financial, through
communication channels such as press releases and public expos. In an active manner, the Company also
disseminates information to print and electronic media, including its official website, which is made available
and accessible in Indonesian and English. In both the Indonesian and English versions of the Company’s
website, there is access to information for all stakeholders regarding the Annual Report.
The company provides various means that can be accessed to obtain further information, including:
Telp.: (62-21) 3973-3322/3232
Faks/Facs.: (62-21) 3973-4949
E-mail: af.corsec@adira.co.id
Website: www.adira.co.id
CORPORATE GOVERNANCE ASSESSMENT
Implementation of Public Company Governance Guidelines
In accordance with the provisions of FSA Regulation No. 21/POJK.04/2015 concerning the Implementation
of Public Company Governance Guidelines, Public Companies shall disclose information regarding the
implementation of recommendations in Corporate Governance as stipulated in FSA Circular Letter No. 32/
SEOJK.04/2015 concerning Guidelines for the Governance of Public Companies.
The following is the status of the implementation of the recommendations at Adira Finance until the
publication of this Annual Report:
Recommendation FSA Circular Letter no 32/SEOJK.04/2015 Implementation
No. Status at Adira
Principles Recommendation Finance
1. Increasing the Value of the 1.1. A Public Company should have a technical method or Implemented.
GMS procedure for voting both openly and privately that prioritizes the
. independence and interests of shareholders.
1.2. All members of the Board of Directors and members of the Board
of Commissioners of a Public Company should attend the Annual Implemented.
GMS.
1.3. The summary of the minutes of the GMS should be made Implemented.
available on its official website for at least 1 (one) year
2. Improving the Quality 2.1. A Public Company should have a communication policy with Implemented.
of Public Company shareholders or investors.
Communication with 2.2. A Public Company should disclose its communication policy Implemented
Shareholders or Investors. with shareholders or investors on its official website.
3. Strengthening the 3.1. The determination of the number of members of the Board of Implemented.
Membership and Commissioners should take into account its current condition.
Composition of the Board 3.2. The determination of the composition of the members of the Implemented.
of Commissioners Board of Commissioners shall take into account the diversity of
expertise, knowledge and experience.
4. Improving the Quality of 4.1. The Board of Commissioners should have an assessment policy Implemented.
Duties and Responsibilities to assess its own performance.
of the Board of 4.2. The self-assessment policy to assess the performance of the Implemented.
Commissioners. Board of Commissioners should be disclosed through the Public
Company’s Annual Report.
4.3. The Board of Commissioners should have a policy for the Not Implemented
resignation of members of its Board of Commissioners if they are Yet.
involved in financial crimes.
4.4. The Board of Commissioners or the Committee that carries Implemented.
out the Nomination and Remuneration function should formulate
a succession policy in the process of nominating members of the
Board of Directors.
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Recommendation FSA Circular Letter no 32/SEOJK.04/2015 Implementation
No. Status at Adira
Principles Recommendation Finance
5. Strengthening the 5.1. The determination of the number of members of the Board Implemented.
Membership and of Directors should take into account the condition of the Public
Composition of the Board Company and its effectiveness in decision making.
of Directors 5.2. The determination of the composition of the members of Implemented.
the Board of Directors should take into account the diversity of
expertise, knowledge and experience.
5.3. Members of the Board of Directors in charge of accounting Implemented.
or finance functions should have expertise and/or experience in
accounting.
6. Improving the Quality of .6.1. The Board of Directors should have an assessment policy to Implemented
Implementation of Duties assess its own performance.
and Responsibilities of the 6.2. The self-assessment policy to assess the performance of the Implemented.
Board of Directors Board of Directors should be disclosed in the Public Company's
annual report.
6.3. The Board of Directors should have a policy for the resignation Implemented.
of members of the Board of Directors if they are involved in financial
crimes
7. Improving Corporate 7.1. A Public Company should have a policy for the prevention of Implemented.
Governance Aspects insider trading.
through Stakeholder 7.1. A Public Company should have an anti-corruption and anti-fraud Implemented.
Participation policy. .
7.1. A Public Company should have a policy regarding the selection
and capacity building of suppliers or vendors. Implemented.
7.1. A Public Company should have a policy regarding the fulfillment .
of creditors' rights.
7.1. A Public Company should have a whistleblowing system policy.
7.1. A Public Company should have a policy for the provision of long- Implemented.
term incentives to the Board of Directors and employees. .
Implemented.
Implemented.
Not Implemented Yet.
8. Improving the 8.1. A Public Company should also use other information technology Implemented.
Implementation of tools more broadly than its official website as a medium for
Information Disclosure information disclosure.
8.2. A Public Company’s Annual Report should disclose the ultimate Implemented.
beneficial owner of its shares with at least 5%, in addition to the
disclosure of the final beneficial owner in the Public Company's
share ownership through the major or controlling shareholders.
Corporate Governance Assessment
To obtain objective results on the application of the principles of Good Corporate Governance, in 2024, the
Company made self-assessment of the practice of Good Corporate Governance using FSA standards as
regulated in FSA Regulation No. 29/POJK.05/2020 and FSA Circular Letter No. 28/SEOJK.05/2020 and FSA
Circular Letter No. 11/SEOJK.05/2020, as well as conducting an assessment that involved an independent
appraiser.
The results of the assessment of Adira Finance’s implementation of Good Corporate Governance in 2024
compared to 2023 are as follow:
Total Assessment Result
No. Assessment Standard/Format 2023 2024
Rank Category Rank Category
1. According to FSA Regulation No. 29/POJK.05/2020, POJK No 1 - 1 -
28/POJK.05/2020 and FSA Circular Letter No. 11/SEOJK.05/2020
2. ASEAN CG Scorecard 98.20 Very Good 89.21 Good
Details of the assessment results can be seen below.
Self-Assessment with FSA format in accordance with the provisions of FSA Regulation No. 28/
POJK.05/2020 and FSA Circular Letter No. 11/SEOJK.05/2020
In accordance with FSA Regulation No. 28/POJK.05/2020 concerning Assessment of the Soundness Level of
Non-Bank Financial Services Institutions and FSA Circular Letter No. 11/SEOJK.05/2020 concerning Assessment
of the Soundness Level of Financing Companies and Sharia Financing Companies, Adira Finance has assessed
the implementation of Good Corporate Governance by using working papers and formats in accordance with
these provisions as one of the assessment factors of the Company’s Soundness Level.
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The results of the assessment for the 2024 financial year are as follows:
Rating
No. Parameter
1 2 3 4 5
1 Implementation of the Duties and Responsibilities of the Board of Directors
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
2 Implementation of the Duties and Responsibilities of the Board of Commissioners
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
3 Implementation of the Duties and Responsibilities of the Sharia Supervisory Board
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
4 Implementation of the Duties and Responsibilities of the Shareholders or equivalent
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
5 Completeness and Implementation of Committees’’ Duties
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
6 Handling Conflict of Interest
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
7 Implementation of the Compliance Function
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
8 Implementation of the Internal Audit Function
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
9 Implementation of the External Audit Function
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
10 Implementation of the Risk Management Function
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
11 Transparency of Financial and Non-Financial Conditions
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
12 Company Strategic Plan
1. Governance Structure √
2. Governance Process √
3. Governance Outcome √
Based on the data in the table above, the good corporate governance factor earned a rating of 1. In this
assessment, lower rating reflects better governance implementation.
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Analysis
Based on the assessment results related to Good Corporate Governance (GCG), this factor is categorized as Rank 1 (one).
Based on the analysis of all the above-mentioned criteria or assessment indicators, it is concluded that:
A. Governance Structure
1. The strength of the Company’s governance structure aspect is:
• The duties and responsibilities of the Board of Commissioners have been effectively carried out in accordance with the
principles of Good Corporate Governance (GCG). Members of the Board of Commissioners are able to act and make
decisions independently, possess the necessary competence and integrity, and align with the Company’s scale and
business complexity while complying with applicable regulations. Additionally, Board of Commissioners meetings are
conducted effectively and efficiently.
• The duties and responsibilities of the Board of Directors have been executed properly and effectively, in compliance with
GCG principles. The number and composition of the Board of Directors meet the applicable regulations, with members
capable of acting independently, making decisions, and possessing the required competence and integrity in line
with the Company’s business scale and complexity. Furthermore, Board of Directors meetings are held effectively and
efficiently.
2. The weakness of the Company’s governance structure aspect is that the number of Independent Commissioners is only
33.3% of the total Board of Commissioners. Where, based on the principles of Corporate Governance in the ASEAN CG
Scorecard, the number of Independent Commissioners should be at least 50% of the total Board of Commissioners.
B. Governance Process
1. The strength of the Company’s governance process aspect lies in the completeness and execution of Committee duties,
which are considered good. The Committees have carried out their tasks effectively, their recommendations are useful and
serve as a reference for the Board of Commissioners’ decision-making, and Committee meetings have been conducted in
accordance with each Committee’s work guidelines in an effective and efficient manner.
2. The weakness of the Company’s governance process aspect is that the majority of the members of the Nomination
and Remuneration Committee are Commissioners, whereas according to the ASEAN CG Scorecard, the majority of the
Committee members should be Independent Commissioners.
C. Governance Outcome
- The strength of the Company’s governance outcome aspect is its commitment to transparency in financial and non-
financial reporting. These reports are presented in a complete, accurate, relevant, and comprehensive manner and are
submitted on time in accordance with applicable regulations.
- The weakness of the Company’s governance outcome aspect is that certain business practices are still not fully aligned
with the regulations of the Financial Services Authority (OJK). In 2024, the OJK issued two warning letters to the Company;
however, corrective measures have been taken. The Company continuously implements adjustments to achieve full
compliance with both national and international standards.
Assessment by an Independent Party
In order to obtain more objective results on the implementation of the principles of Good Corporate Governance,
in 2024, the Company also had an independent party do the assessment of its Corporate Governance practices.
The assessment for the fiscal 2024 was conducted by the Indonesian Institute for Corporate Directorship (IICD)
using the ASEAN Corporate Governance Scorecard standard. The IICD assessment covers the rights and equal
treatment of shareholders, sustainability and resilience, openness and transparency, and the responsibilities
of the Board of Commissioners,
The assessment was conducted by IICD in January 2025 based on an analysis of publicly available information
or documents which included annual reports, financial reports, GMS summons, announcement of GMS
results, Company’s Articles of Association, work guidelines of the board and board committees, Company
website, FSA website, IDX website and other relevant information.
The final total score for the Corporate Governance assessment is interpreted as follows:
Total Score Criteria Intepretation
> 100 Leadership Company has exceeded international standards (ACGS structure)
in Corporate
Governance
90,00 – 100,00 Very Good Company has fully adopted international standards
80 – 89,99 Good Company has adopted some international standards
70,00 – 79,99 Fair Company has a strong awareness and strives to adopt international standards
60,00 - 69,99 Minimum Company meets the minimum standards according to laws and regulations
Requirement
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Based on the assessment, the results of the IICD assessment dated January 23, 2025 are as follows:
No. Assessment Component Score of Each Component
1. Rights and Equal Treatment to Shareholders 17.24
2. Sustainability and Resilience 11.59
3. Openness and Transparency 22.73
4. Responsibilities of Board of Commissioners 33.65
Total Wighted Score 85.21
5 Bonus* 10
6 Penalty** -6
Total Score Good Corporate Governance Practice of the Company 89.21
Note:
* The bonus is given because the company’s Sustaiability Report in the Annual Report refers to the GRI index standard (not just aGRI table), includes
disclosures and explanations of information technology governance strategy, protection against disruptions and cybersecurity, and the existence
of a separate or independent risk committee within the company. This practicehas been implemented at PT Adira Dinamika Multi Finance Tbk, as
demonstrate by the prence of the risk Management Committee.
** Penalties are given because the company has given bonuses/tantiem to all members of the Board of Commissioners including for independent
commissioners
Based on the results of the assessment, the score of Adira Finance’s implementation of Good Corporate
Governance, or classified as level 3, fell under “Good” category based on the ASEAN CG Scorecard.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 369
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REPORT OF
SHARIA GOVERNANCE
Institutional Finance Companies, the Company has
submitted an application for a license to establish
a sharia business unit, and, subsequently, OJK has
Adira Finance has estab- issued a Decree of the OJK Board of Commissioners
lished the Sharia Business No. KEP-172/NB.223/2015 concerning the Granting
Permit of the Establishment of Adira Finance Sharia
Unit to provide a range of
Business Unit.
sharia-compliant financing
product options that suit Adira Finance has established the Sharia Business
the needs of consumers and Unit to provide a range of sharia-compliant financing
product options that suit the needs of consumers
the public at large.
and the public at large.
The implementation of the principles of Sharia
governance at Adira Finance is guided by, among
Adira Finance has a Sharia Business Unit (UUS) others, OJK Regulation No. 30/POJK.05/2014
that was established on May 8, 2012, in accordance concerning Good Corporate Governance for
with the Decree of the Board of Directors of Financing Companies as amended by OJK
the Company Number 013/ADMF/BOD/V/12 and Regulation No. 29/POJK.05/2020, OJK Regulation No.
has been reported to the Minister of Finance of 10/POJK.05/2019 concerning the Implementation
the Republic of Indonesia on June 13, 2012, with of Sharia Financing Company Businesses and
Company Letter Number 080/ADMF/CS/VI/12. Financing Company Sharia Business Units, and
On May 7, 2015, to comply with the provisions of OJK Regulation No. 47/POJK.05/2020 concerning
Article 21 Paragraph (4) of OJK Regulation No. 28/ Business and Institutional Licensing of Financing
POJK.05/2014 concerning Business Licensing and Companies and Sharia Financing Companies.
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Structure of Adira Finance Sharia Business concerning Good Corporate Governance for Finance
Unit Companies, a finance company that manages a
financing business based on sharia principles must
have a Sharia Supervisory Board (DPS). The DPS shall
Sharia Supervisory consist of 1 (one) or more sharia experts who are
Board of Directors
Board
appointed by the GMS or the recommendation of
the National Sharia Board of the Indonesian Ulama
Council (DSN-MUI) and set forth in the Deed of the
GMS. The Company’s Sharia Supervisory Board was
appointed at the Extraordinary General Meeting
of Shareholders (GMS) on September 4, 2012, after
Head of Sharia Business
Unit previously obtaining a recommendation from
the DSNMUI in accordance with Letter Number
U-173/ DSN-MUI/IV/2012 dated April 26, 2012. The
Sharia Supervisory Board composition of DPS members was last changed at
In accordance with the provisions of Article 32 the Annual GMS on June 30, 2021.
Paragraph 1 of OJK Regulation No. 30/POJK.05/2014
The composition of Adira Finance Sharia Supervisory Board is as follows:
Name Position First Appointment Re-Appointment End of Tenure
Prof. Dr. Fathurrahman Djamil MA Chairman 2012 2024 End of fiscal 2026
Prof. Dr. Noor Ahmad MA Member 2012 2024 End of fiscal 2026
Dr. Rini Fatma Kartika MH Anggota 2021 2024 End of fiscal 2026
Pursuant to the provisions of OJK Regulation Number 30/POJK.05/2014 concerning Good Corporate
Governance for Finance Companies, the criteria for DPS members are:
1. Able to act in good faith, honestly and professionally;
2. Able to act in the best interest of sharia financing companies, sharia business units (UUS) and/or other
stakeholders;
3. Prioritizing the interests of the sharia finance company, UUS and or other stakeholders rather than his/her
personal interests;
4. Able to make decisions based on independent and objective assessments for the benefit of the sharia
finance company, UUS and/or other stakeholders;
5. Able to avoid the abuse of their authority to obtain undue personal gain or cause losses to sharia finance
company and the UUS.
Each DPS member must pass the Fit and Proper Test.
Following is the pass status of Fit and Proper Test for members of Adira Finance’s DPS as of the date of
issuance of this Annual Report:
Passing date of Fit and Proper
Name Description
Test
Prof. Dr. Fathurrahman Djamil MA Based on Decision Letter of OJK Board of
May 5, 2014
Commissioners No. KEP-950/NB.1/2014
Based on Decision Letter of OJK Board of
Dr. Noor Ahmad MA April 29, 2014
Commissioners No. KEP-824/NB.1/2014
Based on Decision Letter of OJK Board of
Dr. Rini Fatma Kartika MH September 14, 2021
Commissioners No. KEP-53/NB.21/2021
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Primary Duties and Functions of DPS 5. In the event that the Board of Directors rejects
In accordance with Article 17 of the Company’s the results of the DPS assessment, the DPS must
Articles of Association, the primary duties and report it completely and comprehensively to the
functions of the DPS are: OJK and a copy to the Board of Directors no later
• Representing the Company or the Company’s than 7 (seven) working days after the explanation
Sharia Business Unit in the National Sharia Board of the members of the Board of Directors is
- Indonesian Ulama Council (DSN-MUI); received by the DPS.
• Supervising the Company’s sharia business
activities to ensure compliance with the Sharia Work Program
Principles; 1. DPS meetings shall be held at least 2 times a year
• Advising the Board of Directors, Head of Sharia to discuss the monthly sharia financing report,
Business Unit, and Head of the Company’s sharia compliance issues, and new products.
Sharia Branch Office on matters related to Sharia 2. To prepare a 6-monthly DPS Supervision Report
Principles; and for submission to the Board of Directors, Board
• Mediating between the Company and the of Commissioners, and DSNMUI.
National Sharia Board in communicating 3. To maintain communications with DSN-MUI.
proposals and suggestions for the development
of the Company’s products and services that Implementation of Work Program
require studies and fatwas from the National 1. DPS meetings were held 10 (ten) times in a
Sharia Board. month.
2. The DPS Supervision Report for the first 6-month
Responsibilities period in 2024 was submitted to the Board of
In discharging its functions, the DPS shall: Directors, Board of Commissioners and the DSN-
1. Observe the Fatwas of the National Sharia Board; MUI on August 27, 2024.
2. Report the business activities and development 3. Evaluation of Sharia compliance have been
of the Company’s Sharia Business Unit to the undertaken on:
Minister of Finance of the Republic of Indonesia a. Funding activities;
through the Chairman of the Capital Market and b. Sharia financing;
Financial Institution Supervisory Agency with c. Operational procedures;
copies to Bank Indonesia and the National Sharia d. The Company’s Sharia financing marketing
Board-Indonesian Ulama Council (DSN-MUI); practices; and
3. Every representative of the National Sharia e. Adoption of accounting principles.
Council assigned to the Company must, in good 4. Attended routine meetings with the DSNMUI on
faith, be prudent and full of responsibility carry Wednesday of every first week of the month, as
out their duties for the benefit of the Company well as other non-routine meetings.
and in accordance with the Company’s aims
and objectives by observing the provisions of Concurrent Positions of DPS MemberDPS
laws and regulations and fatwas of the National In accordance with OJK Regulation Number 30/
Sharia Board; POJK.05/2014 on Good Corporate Governance for
4. In the event that the DPS considers that there Financing Companies, members of the DPS are:
are policies or actions of members of the 1. Prohibited from holding concurrent positions
Board of Directors related to UUS that are not as member of the board of directors or board of
in accordance with sharia principles, the DPS commissioners in other financing companies.
is required to request an explanation from the 2. Prohibited from holding concurrent positions as
members of the Board of Directors regarding member of the Sharia Supervisory Board in more
policies or actions of members of the Board of than 2 (two) other financing companies.
Directors that are not in accordance with sharia
principles;
The following is data on concurrent positions of members of Adira Finance DPS:
Name Position in Other Entities Name of Entity
Prof. Dr. Fathurrachman Djamil MA Chairman of DPS Bank BCA Syariah
Sun Life Financial Syariah
AIA Financial Syariah
Bank CIMB Niaga
Dr. Noor Ahmad MA Member of DPS -
Dr. Rini Fatma Kartika MH Member of DPS Sun Life Financial Syariah
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Based on the data, it can be concluded that all indirectly, has an interest in a transaction, contract,
members of Adira Finance DPS do not violate the or contract proposal, of which the Company is a
provisions for concurrent positions as stipulated in party, must state the nature of that interest in a
the relevant OJK Regulation. DPS Meeting and is not entitled to participate in
the voting in relation to such transaction or contract
DPS Meetings unless the DPS Meeting determines otherwise. The
DPS meetings can be held at least twice a year, resolutions of the meeting have been recorded
unless deemed necessary by 1 (one) DPS member in the Minutes of the Meeting, fully documented,
or at the request of the Head of the Sharia Business and submitted to the Head of the Sharia Business
Unit. DPS meetings are only valid and can take Unit and the Company’s Board of Directors for
binding decisions if more than ½ (one half) of implementation.
the number of DPS members are present at the
meeting. In 2024, the DPS held 10 (ten) meetings, with an
average attendance rate of 100%. This level of
Decisions in a DPS meeting must be made based attendance shows the high commitment of all
on consensus by deliberation. Every member of members of the Company’s DPS. All meetings were
DPS who personally, in any way, either directly or also attended by the Head of the Sharia Business
Unit of Adira Finance.
Attendance list of DPS meetings in 2024:
30 20 26 30 21 25 27 22 19 16
Name
Jan Feb Mar Apr May Jun Ags Oct Nov Dec
Prof. Dr. Fathurrahman Djamil MA
Dr. Noor Ahmad MA
Dr. Rini Fatma Kartika MH
Total attendance of DPS members in DPS meetings during 2024 is as follows:
Total Total %
Name Reason for Absence
Meetings Attendance Attendance
Prof. Dr. Fathurrahman Djamil MA 10 10 100 -
Dr. Noor Ahmad MA 10 10 100 -
Dr. Rini Fatma Kartika MH 10 10 100 -
Results of DPS Meetings
DPS meetings in 2024 have resulted in the following resolutions and approvals:
No. Dates Venue Meeting Result Participant
1. January 30, 2024 Online Teams 1. Marketing Performance 15 Persons
2. Financial Statement
2. February 20, 2024 Online Teams 1. Marketing Performance 15 Persons
2. Financial Statement
3. March 26, 2024 Online Teams 1. Marketing Performance 15 Persons
2. Financial Statement
4. April 30, 2024 Online Teams 1. Marketing Performance 15 Persons
2. Financial Statement
5. May 21, 2024 Online Teams 1. Marketing Performnace 15 Persons
2. Financial Statement
6. June 25, 2024 Online Teams 1. Marketing Performance 15 Persons
2. Financial Statement
7. August 27, 2024 Online Teams 1. Marketing Performance 15 Persons
2. Financial Statement
8. October 22, 2024 Online Teams 1. Marketing Performance 15 Persons
2. Financial Statement
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No. Dates Venue Meeting Result Participant
9. November 19, 2024 Integrity Room lt 60 1. Marketing Performance 15 Persons
2. Financial Statement
10. December 16, 2024 Online Teams 1. Marketing Performance 15 Persons
2. Financial Statement
Opinion issued by the DPS in 2024:
No. Date Opinion No. Opinion
1 March 26, 2024 DPS No 001_OPINI-DPS_SYAR_III_2024 Notification of Ta’widh Value Change
DPS Remuneration Policy
The remuneration of Adira Finance DPS members refers to the provisions of the Company’s Articles of
Association.
The remuneration structure for members of Adira Finance DPS consists of the following:
1. Honorariums are provided monthly in the amount decided in the Company’s Annual General Meeting
of Shareholders, taking into account the recommendations of the Nomination and Remuneration
Committee.
2. Allowances:
a. Tax allowances are provided on a monthly basis along with the payment of honorarium.
b. Religious Holiday allowance, to be paid prior to Idul Fitri in the amount of 1 (one) month’s honorarium.
Procedure for DPS Remuneration
The mechanism for DPS compensation is determined as follows:
• The Company’s Nomination and Remuneration Committee reviews the market rate for compensation
given for the work concerned at other companies with the same line of business and status.
• Taking into account individual performance and contributions, the Nomination and Remuneration
Committee then conducts discussions to prepare recommendations.
• These recommendations are submitted to the Board of Commissioners for further discussion and approval.
• The proposed remuneration for members of the DPS is submitted to shareholders for discussion and
approval at the Annual GMS.
• Based on the proposal of the Board of Commissioners and the recommendation of the Nomination and
Remuneration Committee, the Annual GMS on XXX has decided that the determination of the amount of
salary or honorarium and allowances paid to DPS members shall be made by the Board of Commissioners
in accordance with the recommendation of the Nomination and Remuneration Committee.
Nomination
and Remuneration Conduct market surveys and collect information on standard remuneration
Committee for similar position and industry (using independent consultant if necessary).
Next, the Committee submit its recommendation to the Board of
Commissioners.
Board of The Board of Commissioners review the recommnedation of the Nomination
Commissioners and Remuneration Committee and then submit its proposal on the
remuneration of DPS members to the General Meeting of Shareholders.
GMS The General Meeting of Shareholders granted the authorization for the
distribution of DPS remuneration to the Board of Commissioners.
Board of The Board of Commissioners determined the distribution of remuneration in
Commissioners accordance with the authorization granted by the GMS.
Remuneration of
Members of DPS
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Details of remuneration paid to the DPS of Adira Finance in 2020 until the end of financial years 2024 are as
follow:
(In millions of IDR, except Number of Members)
Number of DPS Member Amount of DPS Remuneration
Type of Remuneration
2024 2023 2022 2021 2020 2024 2023 2022 2021 2020
Honorarium 3 3 3 3 3 606 600 575 518 562
Allowance 3 3 3 3 3 355 327 570 227 255
Total 961 927 743 721 689
Number of DPS
Total Remuneration/Individual in 1 Year
Member Product and Development Committee
The Company has established the Sharia Product
Above IDR2 billion -
and Business Activity Development Committee
Between IDR1billion – IDR2 billion -
on March 4, 2019, with the following membership
Between IDR500 million – IDR1 billion - structure:
Less than IDR500 million 3 Chairman: Head of UUS
Member: Head of Business Development Division
Head of Sharia Business Unit Member: Head of Credit Division
The current Head of the Sharia Business Unit at Member: Head of Accounting Division
Adira Finance is Yusron, who was appointed based Member: Head of Risk Management Division
on the Decision of the Board of Directors Number Member: Head of Compliance Division
024/ADMF/BOD/IX/18 dated 18 September 2018 and
reported to the OJK on September 25, 2018. The Chairman of Sharia Product and Business
Activity Development Committee is responsible to
Duties and Responsibilities of Head of Sharia the President Director.
Business Unit of Adira Finance:
1. Managing and administering Adira Finance’s The Sharia Product and Business Activity
sharia business unit in accordance with sharia Development Committee has the following duties
principles, prudential principles and the and responsibilities:
provisions of laws and regulations. 1. Conducting studies and analysis on the
2. Ensuring that the principles of Good Corporate development of new products or business
Governance are applied at all levels of the activities that will be launched or marketed;
organization. 2. Evaluating and improving product or business
3. Following up on every recommendation from the activity;
DPS, the Board of Directors, the authorities, the 3. Providing recommendations, suggestions, and
Internal Audit Unit as well as external auditors. input as well as evaluating the marketing aspects
and compliance with Sharia principles as well as
risk mitigation; and
4. Formulating and proposing monthly and
annual performance achievements for business
activities based on Sharia Principles.
In 2024, the Sharia Product and Business Activity Development Committee conducted 2 (two) meetings, as
follows:
No. Date Venue Meeting Resolutions Number of Participant
1. July 16, 2024 Online · Update progres development Pendaftaran Porsi Haji Syariah, Product Development,
via Financing Credit, Risk, Legal, Compliance &
Teams · Development product Umrah Financing Non Collateral SSD
· Propose additional Branch Syariah that can sell
Refinancing Syariah product.
2 December3, Online · Update progres development Pendaftaran Porsi Haji Syariah, Product Development,
2024 via Financing Credit, Risk, Legal, Compliance &
Teams · Development product Umrah Financing Non-Collateral SSD, Collection, Accounting
· Development product that use aqad MMQ (Musyarakah
Mutanaqishah)
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Transparency of Financial and Non-Financial Condition
List of Consultants and Advisors
No. Name Aspect
1. - -
During 2024, no consultants or advisors worked with Adira Finance Sharia Business Unit.
Internal Fraud & Settlement
Up to December 31, 2024, there were no reported cases of internal fraud/irregularity or violation to sharia
compliance at the Company.
Legal Proceedings
Throughout 2024, there were no criminal or civil legal cases involving the Sharia Business Unit of Adira Finance.
Non-Halal Revenue and Utilization
Non-halal revenues in 2024 amounted to:
Revenue: IDR6,600,756,977
Utilization: IDR20,096,080,660
Distribution of Funds for Social Activities
Throughout 2024, distribution of funds for social activities was as follows:
Nominal
No
(IDR)
1 Economic 2,684,558,535
2 Helath 3,780,143,511
3 Education 1,412,501,004
4 Social 12,223,842,610
Total 20,101,045,660
Core Debtors
Nominal Amount
No. Funds Provided Number of Parties
(IDR Million)
To Sharia Core Debtors
a. Individual 50 72.458
b. Group 50 88.412
Self-Assessment Results of Adira Finance’s Sharia Business Unit Governance in 2023
Rating
No. Scoring Factor
Individual Consolidated *
1. Good Corporate Governance Rating 1 -
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Table of Contents
Sustainability Strategy 382
About This Report 389
Social Responsibility in the Field of Community 392
Development
Social Responsibility in the Fields of Labour Practices and 398
Occupational Health and Safety
Environmental Social Responsibility 406
Social Responsibility to Consumers 411
IT: Business Development Strategy 417
Testimony 419
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ENVIRONMENTAL AND SOCIAL
RESPONSIBILITY
Adira Finance has made various social investments
through CSR activities that aim to help improve social and
economic conditions, both conditional investments such
as natural disaster relief, as well as long-term investments
such as support for the development of Micro, Small and
Medium Enterprises (MSMEs).
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SUSTAINABILITY STRATEGY
MANAGEMENT OF SUSTAINABILITY
ASPECTS [GRI 2-12] [GRI 2-14]
In the 2024 era, In 2024, In the midst of increasingly complex
sustainability is not just a business challenges, Adira Finance remains
commitment but a core steadfast in carrying out its commitment to creating
a balance between economic growth, social
element that guides our
responsibility, and concern for the environment.
business direction at Adira For us, sustainability is not just an obligation or a
Finance. By integrating trend, but a core value that drives every step of the
sustainability principles into company. Through every activity, we strive to have
a real positive impact—not only for our employees
every strategy, we strive to
and customers, but also for the wider community—
create long-term value that for a better future.
benefits all stakeholders—
from customers and By implementing a Sustainable Financial Action
Plan (RAKB) that is in accordance with OJK
business partners to the
regulations, we ensure that this business is not only
environment. We believe about pursuing profits but also about how we can
that sustainability is the contribute to the welfare of all stakeholders. We
key to delivering inclusive, believe that a successful business is a business that
is able to grow with its social environment, adapt,
innovative, and responsible
and provide sustainable solutions to every challenge.
growth.
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Behind all these initiatives, there is a dedicated team ensuring that sustainability aspects are integrated
made up of various divisions who work together into every company activity. These divisions are
to ensure sustainability becomes part of our responsible for maintaining a balance between
culture. Since 2020, we have strengthened synergy business performance and sustainability, with
between divisions, fully supported by the Board of a focus on positive impacts on society and the
Directors, to develop concrete steps to respond to environment.
the demands of the 2024 ESG era. With this spirit,
we not only see the future as a business opportunity Activities related to managing impacts, risks,
but also as an opportunity to continue contributing and opportunities on social and environmental
to a better world. aspects are carried out by several divisions in
different directorates. To ensure the effectiveness
DUTIES AND RESPONSIBILITIES FOR of supervision, Adira Finance applies the “four
SUSTAINABILITY ASPECTS [SEOJK E.1] [GRI 2-13] eyes” principle, especially in lending to businesses
The key to the successful implementation of that support sustainability. This principle aims to
Adira Finance’s sustainability commitment is the ensure that every strategic decision supports the
assignment of clear tasks and responsibilities to company’s sustainability vision and has a positive
related divisions within the company. Marketing impact on stakeholders and the wider community.
Director, HCGA, CREM & Corpu, Portfolio Director,
and Deputy Director - Head of Credit, Collection & The following are the Units Responsible and
Legal, along with the team below, are tasked with Persons Handling monitoring and evaluation of the
Sustainable Finance Action Plan: [GRI 2-12]
Activity Unit in Charge PIC
Monitoring the Realization of the Establishment Corporate Secretary Head of Corporate Secretary
of a Special Unit for Sustainable Financial
Management
Monitoring the Realization of Sustainable Corporate Secretary Head of Corporate Secretary
Financial Policy Formulation
Monitoring the Implementation of Internal Corporate Secretary Head of Corporate Secretary
Education
Monitoring the Realization of Corporate Social Brand & Communication, • Head of Brand & Communication;
Responsibility Human Capital & General • Head of Human Capital &
Affair, Corporate University General Affair;
• Head of Corporate University
Monitoring the Realization of Workplace Human Capital & General Head of Human Capital &
Management Affair General Affair
Monitoring Credit Distribution to Sustainable Credit Head of Credit
Category Business Activities
Monitoring Profil Risiko Kredit Risk Management Head of Risk Management
Monitoring Credit Risk Profile
Compliance Test Sampling for Credit Distribution Compliance & AML Unit Head of Compliance & AML Unit
to Sustainable Category Business Activities
Evaluation of the Sustainable Finance Action Sustainability Work Team Sustainability Work Team
Program
Adira Finance is committed to conducting regular evaluations of the implementation of sustainability
performance every three months. We compare the results achieved with the established program plans
to ensure that we remain on the right track. If there is a Sustainable Finance Action Plan that cannot be
implemented according to plan and schedule, we will immediately take the following steps:
a. Review the performance indicators we use for the coming years, considering the results of the Sustainable
Finance program we have implemented;
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b. Revise the Sustainable Finance Action Plan so We realize that to achieve this goal, developing
that it is more in line with existing needs and sustainable financial competencies among
realities. decision-makers in companies is crucial. The
Board of Commissioners and the Board of
SUSTAINABLE FINANCIAL COMPETENCE Directors need to have a deep understanding of
DEVELOPMENT [SEOJK E.1] [GRI 2-17] sustainabilitychallenges and opportunities, as
Sustainability is now an important part of Adira well as strategic ways to integrate them into the
Finance’s identity. We understand that as one of business. Access to the latest information is also
the leading companies in Indonesia, our role in vital so that we can adapt quickly and fulfill our
driving sustainable development is very significant. commitment to sustainable development. With this
Therefore, we are committed to not only paying approach, we hope to contribute significantly to
attention to these issues but also integrating them achieving broader development goals.
into every aspect of our operations. We are also
in line with the commitment of the Indonesian
Government, which has declared SDGs and Net-
Zero Emission targets.
The process of developing employee competency in managing social and environmental risks includes
[GRI FS4]
Activity Date Place Participant
Training Scope 3 October 22, 2024 Millenium Centennial Tower, 59th Floor 9 people (EHS x GA)
November 19, 2024 Millenium Centennial Tower, 60th Floor 19 People (ADMF x BDI)
ADIRA FINANCE SUSTAINABILITY STRATEGY [SEOJK A.1][GRI 2-22][GRI 2-23][GRI 2-24]
In facing rapid changes in the business world, Adira Finance realizes that the ability to adapt and innovate
is the key to maintaining effective operational continuity. We are committed to creating relevant solutions
in the context of globalization and increasing demands for sustainability. By focusing on sustainable values,
we aim to provide meaningful positive impacts for all stakeholders, including employees, consumers, and
business partners.
In 2024, Adira Finance places customer-centric principles at the heart of every one of our initiatives. We
understand that customer expectations continue to evolve, and to that end, we strive to improve our services
by optimizing technology and innovation. Digital transformation is our strategic step to increase operational
efficiency while facing challenges from increasingly fierce competition from fintech and traditional
companies.
The security and privacy of customer data is also our top priority. In an effort to face digital challenges, we
are committed to integrating systems effectively, ensuring that customer data is well managed and secure.
We believe that maintaining customer trust is an important step in creating long-term, mutually beneficial
relationships.
Adira Finance has established five pillars in its Sustainable Finance Action Plan, which guide our sustainability
practices until 2024. These pillars are designed to ensure that every step we take is not only focused on
financial gain but also has a positive impact on the environment and society. We believe that sustainability is
a long-term investment that will benefit all stakeholders.
Since 2021, we have also implemented a sustainability performance matrix based on the Sustainability
Accounting Standards Board (SASB) standards for the Consumer Finance sector. This step aims to provide
more specific information to investors regarding sustainability issues that most influence the company’s
financial performance, including customer privacy, data security, and sales practices. With this approach, we
hope to continue to encourage sustainable growth and bring positive impacts to all parties involved.
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How We Do It [SEOJK F.1]
Focus Area & Success Indicators
Target 2024 2024 Achievements
Commitment 2020-2024
Governance and • Availability of a Availability of Sustainability · The Company has published the 2023 Fiscal Year
Process Sustainability Report for Fiscal Year 2023. Sustainability Report integrated with the 2023
Policy, which is Fiscal Year Annual Report in March 2024.
Building governance a reference for
and processes all Company
to establish a work units in
Sustainable Finance implementing
function at Adira RAKB;
Finance • Publish an annual
Sustainability
Report.
Internal Capacity Building employee · Organizing training/ · Throughout 2024, training/seminars on the
Development awareness of seminars on the topics of topic of Sustainable Development Goals and
Adira Finance's Sustainable Development Sustainable Finance for new Managers entering
Develop internal commitment to Goals and Sustainable in 2024 were held on November 18-19, 2023, with
capacity implementing Finance for new a total of 92 participants;
Sustainable Finance managers entering in · Throughout 2024, e-learning modules on
and providing 2024; the topic Sustainable Development Goals &
training in stages · Implementation of Sustainable Finance for staff level up to assistant
throughout e-learning on the topic of manager have been accessed and studied by
2021-2024 on Sustainable Development 3,880 employees;
sustainability topics, Goals & Sustainable · Throughout 2024, training/seminars on the
Sustainable Finance Finance for staff level topic Training to Increase Awareness of Scope
knowledge, and up to assistant manager 3 in 2024 were held on October 22, 2024,
industry learning. with a target of 4,000 and November 19, 2024, with a total of 28
participants; participants;
· Organizing a carbon · Throughout 2024, implementing the Literacy
offset campaign for Corner program to increase awareness in several
employees; regions, both internally and externally, with a
· Implementation of total number of participants of 1,648 people;
a financial literacy · An internally developed financial literacy
campaign for employees; module has been launched
· Developing a Financial
literacy module for
employees.
Sustainable • Review financing • Have a used electric · Throughout 2024, Adira Finance did not issue
Financing policies and vehicle financing policy. new policies related to environmentally friendly
develop financing • Have a program/initiative financing and focused on environmentally
Designing guidelines in carbon offset. friendly policies that have been in place since
sustainable financing that integrate • Collaborating with 8 2022;
programs and social and electric car brands and · The total financing value based on the 17
implementing environmental 4 electric motorcycle Sustainable Development Goals until December
national sustainable aspects as well brands. 31, 2024, is IDR13,918 billion;
finance principles, as the industrial · Until December 31, 2024, it has collaborated with
the Company sector. These 8 electric car brands and 29 electric motorcycle
designs sustainable guidelines will brands;
financing programs be implemented · Organized a program to exchange 2,300 points
starting in 2023. in the Adiraku application into 1 tree and convert
• Starting in 5 million steps in the LiveWell application with 1
2023, provide tree.
financing support
for consumers
whose activities
are related to
sustainability
businesses.
• Financial Literacy
and Financial
Inclusion Program
in accordance
with OJK
regulations.
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Focus Area & Success Indicators
Target 2024 2024 Achievements
Commitment 2020-2024
Responsible • Implement • Reduce the use of plastic • The company has implemented a policy of
Workplace energy-saving and styrofoam; bringing your own cutlery. Using personal
Management programs such • Electricity savings of drinking bottles, as well as reusing newly used
as changing the 2%, changing lamps paper on one side throughout the Company's
Upholding high operating hours to LED lamps, saving work areas;
environmental for lighting and tap water usage, and • The company is trying to reduce electricity
standards in the air conditioning. holding electricity- consumption by installing solar panels with a
utilization or use of saving competitions in total of 6 solar panels installed throughout 2024
natural resources the Company's office and 1 VRF (Variable Refrigerant Flow) in Sidoarjo.
by designing network; • The company has carried out emissions tests at
a responsible • Have waste segregation 14 locations with a total of 1,552 motorcycles and
workplace standards (for example, 530 cars at a total cost of IDR104,480,000;
management paper waste); • The company has implemented Safety Riding
program. • Reduce paper usage; Training for 250 employees throughout 2024 in
• Conduct emission Rangkasbitung, Solo, Kediri, Bandung, and Jogja
tests and driving safety with a total cost of IDR2.5 million.
training.
Implementation of · Participate • Providing scholarships for • Providing scholarships for 141 students worth a
Corporate Social and provide students in Indonesia; total of IDR846 million;
Responsibility support to the • Holding various activities • Holding 4 financial literacy activities for
Corporate Social to increase public students, MSMEs, the general public, and
Contribute to Responsibility financial literacy; women's groups with a total cost of IDR60
improving the program, which • Carrying out million;
welfare of the includes, among environmental • Distributing financial literacy series books to 3T
surrounding other things: conservation activities; areas in Sumatra and Kalimantan with a total
community by a. Community • Providing assistance to value of IDR60 million;
designing Corporate activities disaster victims; • Planting mangroves and trees in several areas
Social Responsibility and cultural • Providing health such as Cilacap, Angke, Semarang, and several
programs activities such assistance; other areas with a total cost of IDR424 million;
as holding the • Hold a People's Market • Aiding employees affected by the disaster with
Local Creative Festival an aid value of IDR96 million;
Festival; • Donate to Increso amounting to IDR360 million;
b. Environmental • Holding a People's Market Festival (FPR) in
maintenance 5 markets, namely Rangkasbitung Market
activities in (Lebak, Banten), Pahing Market (Kediri), Legi
the Company's Market (Solo), Kosambi Market (Bandung), and
operational Ngasem Market (Yogyakarta). FPR consists
areas; of various activities such as financial literacy
c. Quick response education, a sharia financial inclusion exhibition,
to disasters and halal certification for market traders, market
assistance to revitalization, and other activities with a total
disaster victims; cost of IDR 2,615,718,725.
d. Education and
Health.
Adira Finance Sustainable Finance Committee Organizational Structure [GRI 2-14]
Sustainability Head
Swandajani Gunadi
Harry Latif
Denny Riza Farib
Sustainability
Sustainability SF Product
CSR Governance &
Operation Specialist
Reporting
(Brand & Communication (Sustainability Working Team) (Risk Management, Marketing & (Finance, Corporate Planning
Division) Portofolio Division) Strategy, Corporate Secretary
& Investor Relations, and Unit
Compliance & AML Division)
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Stakeholder Involvement
Stakeholder involvement is the main foundation in preparing the Adira Finance Sustainability Report. We
believe that achieving sustainability is only possible through transparent collaboration with all parties
involved in the company's operational activities. With this approach, Adira Finance aims to gain a deeper
understanding of existing challenges and opportunities, as well as how we can have a positive impact on all
stakeholders. The next step is to design a sustainability strategy that is more appropriate and in line with the
identified needs.
To achieve this goal, Adira Finance applies the following principles: [GRI 3-1]
Inclusivity Materiality Responsive
We involve stakeholders who have a This stakeholder engagement process We actively monitor changes in the
direct interest in the business, as well helps Adira Finance identify and manage operational environment to ensure that
as those who are impacted by the issues that arise from interactions with stakeholder concerns and interests are
company's operational activities. various related parties managed in an ongoing manner.
In the process of preparing the Sustainability Report, Adira Finance actively communicates with various
stakeholders, including consumers, employees, shareholders, non-governmental organizations and the
government. We use various communication methods, such as Investor Newsletters, analyst meetings,
conference calls, etc., to ensure relevant information and views are received. Through this approach, Adira
Finance can understand issues of concern and concern to stakeholders, which then contributes as valuable
input in strategy development and company decision-making.
Identification of Stakeholders [SEOJK E.4][GRI 2-29]
Key Topics and Approach
Stakeholders
Stakeholder Needs Engagement Methods Objective Frequency
Shareholders & Economic • Public Exposure Conveying the • Minimum once year
Investors Performance • GMS Company's for Public Expose,
• Annual and performance GMS and Annual and
Sustainability Sustainability Reports
Reports • Investor meetings
• Investor are held at least once
Meeting every month. In 2024
there were 13 investor
meetings.
Business Partner Periodic meeting • Maintain good At least once every quarter
relationships
• Joint Marketing
Activities
Government and Regulation & • Reports Maintain good Planned regularly
Regulators Compliance • Licensing/Permit relationships
• Consultation
Employee • Engagement, • Meetings, Training • Increase employee • Planned regularly
increasing and Education competency and • Once a year
competence • Employee knowledge
• Level of Employee Satisfaction Survey • As a forum for
Engagement and employees to
Satisfaction with the provide input for the
Company Company
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Key Topics and Approach
Stakeholders
Stakeholder Needs Engagement Methods Objective Frequency
Consumer • Providing customer • Serve requests for • Branch office services
service through information, provide on working days &
branch offices, call required services, or hours.
centers, WhatsApp receive complaints • Services via call center,
chat, e-mail and • Financial literacy e-mail, Whatsapp chat,
social media education, products and social media are
• Customer Gathering & services available 24/7.
• Adira Finance's • Provide information • As needed, carried out
official social media and education about at branch office level
• Customer finance, products, • Information and
Satisfaction Survey and services educational materials
• Receive questions are posted no later than
or complaints from once every 3 days
consumers or the • Questions and
public complaints are
• Surveys are responded to within a
conducted to maximum of 24 hours
monitor customer • Customer satisfaction
satisfaction surveys are conducted
once a year
Organizations (NGOs) CSR Program Maintain good According to the needs
relationships
Local Community • Adira Finance Provide support to the Planned regularly every
CSR Program for Company's ecosystem, year at least once per year
Indonesia communities, for each activity.
• Community and surrounding
meetings communities in
• Community Visits developing and
• Face-to-face improving their
interactions standard of living.
Media • Media Updates Provides the latest • Planned regularly
• Partnership information regarding quarterly and annually.
• Press Release programs and (Media Update, Media
• Media Visit activities, as well Visit)
• Press Conference as the Company's • Planned based on the
performance Company program
being implemented
(Partnerships, Press
Releases, Press
Conferences)
Industry Association • Industry • Meetings • Get the latest Planned regularly
Performance • Gathering information
• Industry-related regarding industry
regulations conditions
• Become a forum
for conveying
aspirations to
Regulators
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ABOUT THIS REPORT
As part of its ongoing commitment to running a
business based on sustainable principles, Adira
This Sustainability Report Finance has again prepared a Sustainability
reflects our journey at Report for the 2024 reporting year. In this report,
Adira Finance, covering we present our sustainability performance, which
covers various aspects, including the strategies and
the achievements and
policies that underlie our sustainable operations.
challenges we face This Sustainability Report is also a form of our
in implementing our compliance with government regulations, especially
sustainability commitments. regarding the implementation of sustainable
finance, especially POJK No.51/POJK.03/2017
We strive to integrate ESG
concerning the Implementation of Sustainable
principles in every step Finance for Financial Services Institutions, Issuers,
because we believe that and Public Companies.
social responsibility is part
We are committed to publishing this report every
of the core of our business.
year as a manifestation of our efforts to achieve
With a spirit of collaboration the Sustainable Development Goals (SDGs). The
and innovation, we are contents of this report cover our overall sustainability
determined to have a performance, social activities, and operations for
the period January 1 to December 31, 2024. In this
real positive impact on
report, there are no significant changes regarding
the community and the principles, structure, or scope of reporting,
environment around us. and there is no restatement of data or information
reported in previous reports. [GRI 2-4]
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Reporting Technical Standards financial statements, where the statement can be
This Sustainability Report presents relevant and seen on page 450. [SEOJK G.1] [GRI 2-5]
detailed information for the period January 1
to December 31, 2024, in line with applicable Determining Materiality: Most Important
regulations regarding the implementation of Topics to Our Stakeholders [GRI 3-1]
sustainable finance for financial service institutions, In preparing the 2024 Sustainability Report, Adira
issuers, and public companies. In compiling and Finance is increasingly aware of the importance of
determining material topics, the Company uses the presenting data and information that is relevant,
Sustainability Accounting Standards Board (SASB) complete, and detailed. With this approach, it is
criteria specifically for the Consumer Finance hoped that this report can support the company›s
industry sector. To make it easier for readers to development and optimally meet the information
understand the contents of the report, we provide needs of stakeholders.
a cross-reference index of the contents of the report
with the POJK and GRI Standards criteria, which can To achieve this goal, Adira Finance has carried out
be found on page 597. [GRI 2-3] [GRI 2-4] a series of processes to identify aspects of material
topics. We integrate criteria from the Sustainability
Ensure Report Credibility Accounting Standards Board (SASB) for the
In 2024, Adira Finance has not carried out a Consumer Finance industry sector, referring to the
verification process by an independent party for SASB Sustainable Industry Classification System.
the published Sustainability Report. However, we This standard includes criteria that consider the
ensure that all data and information presented principles of:
have high accuracy and credibility because they - Global Applicability
have gone through a thorough review by our - Financial Materiality
Sustainability Report team. We use data that has - Industry-specific Standard Settings
been audited separately by an independent external
auditor, especially for financial information, which is By reviewing material topics that are in line with
also included in the Adira Finance Annual Report. the SASB Standard criteria for Consumer Finance
Even though this report has not undergone an (SASB Sustainability Industry Classification System),
assurance process from an independent party, we Adira Finance strives to present a broader and
are still carrying out an internal assurance process. more comprehensive Sustainability Report. This
However, an assurance process has been carried report covers main issues that are closely related to
out by Imelda & Partners (a member firm of Deloitte company activities in the multi-finance sector and
Asia Pacific and the Deloitte Global network) on the are relevant to stakeholder priorities.
Important for Adira Finance
List of Material Topics of Adira Finance in 2023:
1. Financial Performance;
2. Financing portfolio and contribution to the
1 National Economic Recovery;
3. Labour, competence and employee welfare;
High
6 4. Responsible Lending, Financial Literacy and
2 Education, and Consumer and Community
7 Protection;
5. Consumer and Community Protection;
3 6. Selling Practice and Product Information
Moderate
Clarity;
4 7. Customer Privacy;
8. Data Security;
9. Community Development Programme (social
contribution).
5
Low
8
Low Moderate High
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List of Adira Finance Material Topics for 2024:
1. Financial Performance
2. Financing portfolio and contribution to National Economic Recovery
3. Employment, competence, and employee welfare
4. Responsible Lending, Financial Literacy and Education, and Customer Protection
5. Selling Practice and Clarity of Product Information
6. Customer Privacy
7. Data Security
8. Community Development Program (social contribution)
In this case, there are several aspects that are of primary concern (material in nature), both for stakeholders
and Adira Finance, namely: [GRI 3-2][GRI 3-3]
Boundaries & Relevance
No. Material Topic
Adira Finance Business Partner Community
1. Financial Performance √ √
2. Financing portfolio and contribution to √ √ √
National Economic Recovery
3. Employment, competency and employee √
welfare
4. Responsible Lending, Financial Literacy √ √ √
and Education, and Customer Protection
5. Selling Practice and Clarity of Product √ √
Information
6. Customer Privacy √ √ √
7. Data Security √ √ √
8. Community Development Program √ √
(social contribution)
Scope, Boundaries of Reporting, and Data Regulation No. 51/POJK.03/2017 concerning the
Reporting Implementation of Sustainable Finance. Apart from
In our efforts to present the 2024 Sustainability that, Adira Finance also implements ISO 26000 as a
Report, Adira Finance has collected comprehensive guideline for carrying out Community Development
data regarding sustainability performance activities.
throughout 2023. We are committed to providing
useful information, both in the form of numbers and Further Information and Feedback [SEOJK C.2]
narratives, by involving various sources from inside [GRI 2-3]
and outside the organization. This reporting covers Adira Finance understands that there are still several
all activities at the head office as well as our business obstacles in preparing this Sustainability Report. For
network spread throughout Indonesia. [GRI 2-2] this reason, we are open to all input, suggestions,
and feedback from readers, which can be submitted
To ensure the quality and relevance of the via:
information presented, Adira Finance has adapted
data collection and reporting standards to the PT Adira Dinamika Multi Finance Tbk
general guidelines for each sustainability topic. Corporate Secretary
With this approach, our Sustainability Report can be Millennium Centennial Center, 59th Floor, Jl. Jend.
considered relevant and broad in scope. The financial Sudirman No. Kav. 25, RT.10/RW.1, Kuningan, Karet,
data presented in this report is prepared based on Setia Budi, South Jakarta, Jakarta 12920, Indonesia
the Statement of Financial Accounting Standards Tel.: (62-21) 39733232
(PSAK) applicable in Indonesia. On the other hand, Fax.: (62-21) 5296-4158
for sustainability data reporting, we refer to the Email: af.corsec@adira.co.id
relevant regulations in Financial Services Authority Website: www.adira.co.id
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SOCIAL RESPONSIBILITY IN THE FIELD
OF COMMUNITY DEVELOPMENT
[SEOJK F.23] [SEOJK F.25]
Social and Community Issues related to
the Impact of Company Activities Relevant
Adira Finance is always to the Company’s Business as well as
committed to fostering Social and Economic Risks related to the
constructive and Company’s Business Activities
The growth and development of the Company
harmonious relationships
as it is today cannot be separated from the great
with the community, support provided by all stakeholders, especially
customers, and business the community. The Company always maintains
partners through good and harmonious relations with society and
local communities with the aim of not only being a
ecosystem-based TJSL
sustainable company but also making society grow
activity programs in sustainably.
accordance with the
Company’s brand promise Adira Finance is committed to continuously
improving the social quality of society by carrying
“Sahabat Setia Selamanya.”
out Social and Environmental Responsibility (TJSL)
In its implementation, the activities. In its implementation, Adira Finance
Company collaborates with always collaborates with various stakeholders so
various stakeholders so that the programs implemented are appropriate
and measurable according to community needs in
that the TJSL program can
the environmental, social, and economic fields.
contribute optimally, be
right on target, and meet
community needs.
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and Analysis Responsibility
Through the TJSL program, Adira Finance is Stakeholders who are affected or influential are
also developing various programs in the form of also stakeholders who are relevant to social issues
business partnerships as an effort to improve the in the Company, namely customers, shareholders/
community’s economy. This program is in line with investors, regulators, suppliers, employees, and local
the Company’s strategy because it can produce communities. Adira Finance involves the community
efficiency and synergy of resources owned by the and other stakeholders regarding the Company’s
business partner parties. The Company believes social issues in implementing TJSL. The Company
that the business partnership program has great has 7 important social issues, including Economic
benefits for small businesses because it can increase Performance, Product Portfolio and Credit Quality,
business sustainability and capacity, including Customer Information Protection, Company
markets, capital, technology, management, and Reputation, Education and Training, Diversity and
entrepreneurship. The Company also continuously Job Opportunities, and Local Community.
helps develop the small business sector because
MSMEs are the driving force and driver of national Benefits of the TJSL Initiative in the Field
economic growth in the future. of Social and Community Development for
Companies and Stakeholders
Formulation of Methods and Scope of Due Adira Finance is committed to continuously
Diligence implementing various policies and programs that
Adira Finance realizes that stakeholders play an not only provide benefits for companies and investors
important role in the progress and sustainability of but also for all stakeholders. Adira Finance hopes
the Company’s business. The Company is committed that the various policy and program efforts that have
to always approaching and collaborating with been implemented can provide benefits to society
stakeholders in formulating TJSL programs aimed and can build harmonious relationships through
at providing maximum benefits and being widely good and intensive interaction with all stakeholders.
felt in accordance with community needs. In the end, there will be mutual understanding and
understanding of various problems that arise related
In its implementation, the Company’s TJSL activities to the Company’s activities, both in the economic,
have gone through discussions of due diligence social, and environmental fields. In this way, Adira
results and reviews of regulations regarding social Finance’s business sustainability will be maintained
and community development, together with and will continue to develop in the future.
related work units. Adira Finance always ensures
compliance with various related regulations so that The Company’s active contribution in the field of
the Company receives no complaints or violations. sustainable social and community development
is implemented through the implementation
Stakeholder Involvement in the of the TJSL program in the social, economic,
Implementation of Social and Community and environmental fields. The Company makes
Responsibility Programs, Relevant Social every effort to implement TJSL to make a positive
Issues and Stakeholders, Stakeholder contribution to increasing the welfare and improving
Engagement Mechanisms, Community the economy of its stakeholders, especially the
Involvement, and Complaints Reporting. communities around the operational areas.
[SEOJK F.24]
As a manifestation of the Company’s responsibility Adira Finance has carried out various social
in implementing TJSL, we always map the investments through TJSL activities that aim to help
stakeholders who are directly involved and affected improve social and economic levels, both conditional,
by the Company’s business activities. Mapping is such as natural disaster relief, and long-term
carried out based on the involvement of stakeholders investments, such as support for the development
identified through a proximity approach and the of Micro, Small, and Medium Enterprises (MSMEs).
amount of interest (power) that can mutually
influence and be influenced by the Company.
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Targets and Plans for the TJSL Social and Adira Finance carries out various innovations
Community Development Program and various empowerment program approaches
Adira Finance always ensures that the aimed at ensuring that Adira Finance can provide
implementation of TJSL for social and community broad and maximum benefits in accordance with
development can run appropriately and community needs. For this reason, the Company
measurably. In 2024, the Company has set a carries out various implementations of Sahabat
target for implementing TJSL in the field of social Lokal activities that cover a number of areas, namely
development in accordance with the policies set empowerment of the tourism sector, culture, local
by management. With the TJSL implementation wisdom, MSMEs, and financial literacy.
target, the Company strives to ensure that social
and community development can run appropriately Programs that are routinely implemented by Adira
and measurably. The various TJSL programs include Finance every year and are featured in the Sahabat
running the Adira Peduli program, a collaboration Lokal pillar include empowerment activities around
program with Increso, Blood Donation, Adira tourism, culture, local wisdom, and MSMEs (Micro,
Finance Scholarship Program, the Festival Pasar Small, and Medium Enterprises). Activities carried
Rakyat Program, and the Creating Shared Value out include:
(CSV) program.
Festival Pasar Rakyat
Adira Finance also carries out other TJSL activities, The 2024 Festival Pasar Rakyat (FPR) is a Corporate
which include educational activities in order to Social Responsibility (CSR) initiative from Adira
increase the financial literacy of community groups Finance together with PT Bank Danamon Indonesia
as well as social activities that directly touch the Tbk (Danamon) through the Sharia Business Unit
community. and PT Zurich General Takaful Indonesia (Zurich
Syariah). This activity took place from September to
Activities and Achievements of Social and December 2024, held in five traditional markets in
Community Responsibility Management Indonesia, namely Rangkasbitung Market (Lebak,
Activities 2024 [GRI 203-2] [GRI 413-1] Banten), Pahing Market (Kediri), Legi Market (Solo),
In carrying out the TJSL program in the field of social Kosambi Market (Bandung), and Ngasem Market
community development, Adira Finance always (Yogyakarta).
involves customers, partners, and employees, which
refers to 3 main pillars, namely Sahabat Lokal, Adira FPR aims to empower people’s markets through
Peduli, and Adira Finance Mitra CSR. education, health, arts, and culture programs to
create markets that are halal and SEJAHTERA
Sahabat Lokal (Healthy, Green, Clean, Well Maintained) through
Sahabat Lokal is a form of Adira Finance’s the #SahabatPasarRakyat movement. In organizing
contribution through TJSL activities in improving all these activities including financial literacy
and empowering the economy while improving education, financial inclusion, acquirement of halal
the quality of life of the community. This is a form certification, and the revitalization of the market,
of Adira Finance’s commitment that the success of the costs incurred reached IDR2.6 billion.
achieving the Company’s sustainability must also be
felt by increasing community welfare.
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2024 Gelar Festival Pasar Rakyat, the Company’s Real Steps to Support the
Sustainability of Pahing Market, Kediri City.
After being successful at Rangkasbitung Market, the 2024 Festival Pasar Rakyat (FPR) is now present at
the second market, namely Pahing Market, Kediri City, on October 5-6, 2024. Pahing Market was chosen
as the FPR location because it is the oldest legendary market in Kediri City and for the people of Kediri,
this market is the lifeblood of the economy and an important part of everyday life. Currently, more than
1,300 Pahing Market traders offer a variety of products ranging from basic necessities, seafood, textiles,
to household equipment. More than just a place for economic transactions, Pahing Market has been
transformed into a gathering space for local culture and culinary specialties that are rich in history.
Even though it has experienced significant development, Pahing Market, like many other traditional
markets, is still facing the challenge of decreasing the number of visitors due to changes in people’s
shopping behavior who prefer modern shopping centers and e-commerce platforms. Other challenges
faced by Pahing Market are cleanliness, waste management, infrastructure maintenance, and food
safety.
For this reason, Adira Finance is holding the 2024 Festival Pasar Rakyat (FPR), which is a series of
empowerment, education, health, arts, and cultural activities to encourage the market to become a
creative public space towards a Halal and SEJAHTERA People’s Market (Healthy-Green-Clean-Well-
Maintained) through the #SahabatPasarRakyat movement, an initiative to invite people to return to
the people’s market, making it a more competitive center for social and economic activities.
As a form of sustainability for traders in responding to challenges regarding digitalization, FPR holds
special training aimed at helping traders transform into the digital realm. In addition, the Company
also provides a halal certification program for products produced by traders. This aims to ensure that
products sold at Pahing Market can meet nationally recognized quality and halal standards so as to
attract wider consumer interest.
To encourage participation from various levels of society, including visitors, traders, and the Pahing
Market ecosystem, FPR presents a series of superior activities that function as a platform to connect all
parties in a lively and interactive atmosphere, including:
- Sharia Financial Inclusion Exhibition
- Emission Test and Test Ride
- Free Health Services
- Anak Pasar Fashion Show Competition
- Cooking Competition
- Zumba and market cleaning
- Anak Sayang Pasar Generation
- Education on Safety Riding, Health, and Sayang Bumiku
- Entertainment Music and Cultural Arts Performances,
The Company is also trying to increase the active role of the community in supporting the
#SahabatPasarRakyat movement. Adira Finance is holding a #SahabatPasarRakyat Video Competition,
which took place from September 31 to December 20, 2024. The competition with a total prize of
millions of rupiah is open to the public.
Adira Peduli
The Adira Peduli program is one of Adira Finance’s CSR initiatives in order to provide direct assistance to
communities affected by various natural disasters, as well as to improve the quality of life of communities
around operations. This program carries out various forms of activities, including targeting assistance for
employees, environmental conservation activities in the Company’s operations.
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Adira Finance is responsive and active in implementing care for victims of natural disasters, environmental
disasters, and other emergency events that occur in Indonesia. The assistance provided through Adira Finance
Peduli includes food packages, blankets, funds, and other assistance tailored to the needs of disaster victims
in each place.
In 2024, several philanthropic activities carried out by Adira Finance include providing scholarships, assistance
for educational institutions and orphanages, support for community economic development, health
assistance, aid for disaster victims, donations for places of worship and foundations, and other donations with
a total value of IDR16.4 billion.
Through the ADIRA PEDULI Program, Adira Finance Provides 1000 Educational
Assistance Packages at the 2024 Jakarta Fair Kemayoran.
Adira Finance participated in the 2024 Jakarta Fair Kemayoran PEDULI Corporate Social Responsibility
(CSR) activities, which took place from June 19 to July 5, 2024. In the activity with the theme “Berbagi
Dari Hati, Bersama Membangun Negeri,” Adira Finance provided assistance in the form of 1,000 bags
and school equipment for orphans, special needs, and poor people from several orphanage foundations
in the Jabodetabek area.
The beneficiaries were also treated to entertainment shows, lunch together, and the opportunity to
play at the 2024 Jakarta Fair Kemayoran Area. Participation in this activity is a positive step for Adira
Finance to be a pioneer in reaping benefits through real and sustainable actions, as well as providing
awareness in the community regarding social inclusion—by providing support to vulnerable groups.
In addition, Adira Finance also carries out various initiatives not only in the education sector but also in
the health and social sectors. Throughout the first semester of 2024, Adira Finance, through the Sharia
Business Unit, has distributed benevolent funds amounting to more than IDR4 billion, which were used
for the purposes of providing scholarships, facilitating the construction and renovation of mosques,
orphanages, and foundations, procuring medical equipment, and providing emergency response
assistance for natural disasters in Indonesia.
Adira Finance Mitra CSR
The Company believes that good health quality will have an impact on the superior quality of human resources,
which will be useful for building the nation in the future. For this reason, it is important for Adira Finance to
pay attention to and increase public awareness through implementing various TJSL activities in the health
sector every year under the Mitra CSR pillar.
This program is also in line with the government’s efforts to achieve Sustainable Development Goals (SDGs).
This form of activity is implemented routinely by the Company by holding various health programs, both
preventive and promotive efforts. In its implementation, Adira Finance provides health assistance, especially
for underprivileged communities. The various assistance provided by Adira Finance includes medical costs
such as surgery costs, examinations, provision of free medicines, and so on.
The Mitra CSR Program also collaborates with Increso, which is a social association consisting of all Adira
Finance employees. Increso is spread across all Adira Finance branch offices as a forum for employees to play
an active role and make positive contributions outside of the Company’s business activities.
The funds collected by Increso come from donations from Adira Finance employees, which are then
distributed directly to the community in the form of various programs, including mass medical treatment,
social services, financing operations for underprivileged residents, and others. In addition, Adira Finance with
social partners, also implements educational programs by providing scholarships for employees’ children
who excel academically in tertiary institutions.
Throughout 2024, donations from Adira Finance employees to Increso amounted to IDR895,594,440, smaller
than in 2023 which amounted to IDR1,378,771,440.
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In its implementation, Increso provided medical public regarding financial management knowledge.
assistance to 21 patients with a total cost of The Company believes that the key to improving
IDR360,253,532, compared to 2023 of IDR250,402,343. people’s welfare is growing the level of financial
Increso also provided Scholarship Fund assistance literacy. Financial literacy is important because it
for the children of outstanding employees with a is the basis for every individual in making financial
total of IDR846,093,174, greater than in 2023 which management or planning decisions. A high level of
amounted to IDR585,000,000. financial literacy will be able to shape good financial
behavior and management so that people are able
Increso also provided Condolence Fund assistance to avoid various financial difficulties.
to the children of employees who have passed
away with a total of IDR220,000,000. In addition, In 2024, Adira Finance implemented various
Increso participated in Adira activities such as Sobat programs related to financial literacy that are more
Expo, People’s Market Festival and Health Webinar focused on women, housewives, MSMEs, students,
with a total cost of IDR127,700,000. Increso also teachers, and lecturers. The Company hopes that
collaborated with the Lions Indonesia Foundation by with this financial literacy program, people can
making a donation for the operation of a children’s choose financial products and services wisely and
cancer shelter of IDR180,000,000 per year. have good financial knowledge so that in the end it
will help people in efforts to improve welfare.
Increso’s Financial Statements are also audited
annually by a Public Accounting Firm registered In carrying out the financial literacy program,
with the Financial Services Authority. Adira Finance collaborates with partners who have
been certified CFP (Certified Financial Planner)
Financial Literacy so that they have the capacity and capability to
Adira Finance as a company operating in the financing provide financial management education and good
industry, realizes the importance of educating the financial planning strategies:
Realization Of The 2024 Financial Literacy Program
Total Realization
Activities Program detail
(Rp)
MSME Financial Financial literacy particularly for MSMEs aimed at ensuring that MSMEs can manage 15,000,000
Literacy its business finances properly.
Financial Literacy Financial literacy for married or single women for them to be able to manage their 15,000,000
for Women finances well and wisely.
Financial Literacy Financial literacy specifically for public to aware of financial plans and has started to 15,000,000
for Public regulate finance as early as possible
Financial Literacy Student-specific financial literacy so that students can understand that regulating 15,000,000
for student money from an early age is very important for the future
Sharia Financial It is conducted online and offline with the aim of increasing people's understanding 423,226,773
Literacy and knowledge of the principles of sharia finance.
Roadshow Promotion and education activities to increase public awareness and understanding 482,653,061
Multifinance of sharia financing products.
Syariah
Total 965,879,834
TJSL Award for Social and Community Affairs
In 2024, Adira Finance won the Indonesia’s Top Green Leaders Award 2024 from Warta Ekonomi through the
TJSL program that the Company has implemented,
Budget/Costs Incurred [SEOJK F.3]
Throughout 2024, Adira Finance has distributed costs for implementing TJSL activities in the field of social
development amounting to IDR20.3 billion.
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SOCIAL RESPONSIBILITY IN THE
FIELD OF EMPLOYMENT PRACTICES
AND OCCUPATIONAL HEALTH AND
SAFETY [SEOJK F.21]
COMMITMENTS AND POLICIES [GRI 403-1]
Human Resources (HR) and Occupational Health
and Safety (OHS) are some of the important
In growing business aspects that are pillars of Adira Finance›s business
activities, a focus on sustainability. Adira Finance believes that in this
employee welfare and modern era, effective HR management and the
operational safety is the presence of a safe work environment will be an
added value that will have a positive impact on the
key to achieving optimal company›s sustainable growth.
long-term performance.
Adira Finance is committed HR & OHS management is a long-term investment
to placing HR and OHS as for companies, which is the key to creating a strong
foundation in building a business that runs in line
strategic pillars in ensuring with Sustainable Development Goals (SDGs).
business sustainability
and protection for all HR with skilled excellence and work integrity will be
stakeholders. the main spearhead that determines the company›s
success in the midst of intense business competition.
Meanwhile, good and effective OHS management
will ensure that operational and business activities
run smoothly without disruption caused by work
accidents or employee health problems.
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Based on these two factors, Adira Finance is evacuation simulations, and regular OHS audits
committed to managing human resources well are part of Adira Finance›s efforts to ensure
and ensuring a safe and healthy work environment. that employees understand the importance of
Adira Finance shows its commitment to human maintaining safety in the workplace. Apart from
resource development by organizing various that, the company also strives to educate all levels of
training and skills improvement programs for all management and employees about the importance
employees, at every level of position. Throughout of complying with OHS procedures in order to
2024, Adira Finance has carried out various training reduce potential risks that may occur.
and development activities, including:
• Competency improvement program Through commitment and comprehensive HR
• Transformation training programs and OHS policies, Adira Finance hopes to create
• Compliance knowledge management event a conducive and sustainable work environment.
program Focusing on quality HR management and
• External training disciplined implementation of OHS will not only
improve company performance, but also have
Meanwhile, in OHS management efforts, Adira a positive impact on employee welfare and the
Finance runs programs that focus on risk prevention sustainability of business operations in the future.
and mitigation. Work safety training, emergency
Adira Finance Employee Profile 2024 [SEOJK C3][GRI 2.7]
2024 2023
Employment Status Gender Gender
Total Total
Male Female Male Female
Contract 1,738 391 2,129 2,033 491 2,524
Permanent 11,956 3,013 14,969 11,930 2,789 14,719
Total 13,694 3,404 17,098 13,963 3,280 17,243
2024 2023
Operational Area Operational Area
Employment Status
Head Branch Non-Branch Total Head Branch Non-Branch Total
Office Office Office Office Office Office
Contract 90 1,427 612 2,129 110 1,246 1,168 2,524
Permanent 1,595 5,850 7,524 14,969 1,475 5,873 7,371 14,719
Total 1,685 7,277 8,136 17,098 1,585 7,119 8,539 17,243
Non-Employees Worker [GRI 2.8]
Gender Outsource*
Male 6,944
Female 873
Total 7,817
*) Note: HR data as of December 31, 2024 is compiled from all operational areas of PT Adira Dinamika Multi Finance Tbk
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 399
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Gender Equality
Male Female
Position
Number of employees Percentage Number of employees Percentage
Entry-level 9,432 55.16% 2,528 14.79%
Mid-level 4,185 24.48% 865 5.06%
Senior-Level 64 0.37% 10 0.06%
Executive -Level 13 0.08% 1 0.01%
Total Employees 13,694 80.09% 3,404 19.91%
Employees based on gender and age group
Position
Number of
Age Entry Level Mid - Level Senior - Level Executive - Level
Employee
Male Female Male Female Male Female Male Female
18-24 163 223 24 26 - - - - 436
25-34 4,842 1,455 573 221 - - - - 7,091
35-44 3,831 784 2,226 429 10 4 - - 7,284
45-54 596 65 1,353 189 51 4 12 1 2,271
>55 - 1 9 - 3 2 1 - 16
Total 9,432 2,528 4,185 865 64 10 13 1 17,098
employee
EMPLOYMENT ISSUES AND RISKS RELATED TO THE COMPANY›S BUSINESS [SEOJK F.19]
In running its business, Adira Finance is committed to complying with all applicable labor rules and regulations
in Indonesia. Compliance with labor laws is the company›s top priority in ensuring that employee rights are
protected and business operations run according to legal standards.
Apart from that, Adira Finance also periodically reviews and evaluates employment policies and practices as a
form of the company›s efforts to adapt to changes in existing regulations. These efforts aim to ensure that all
business activities remain in line with applicable regulations while reducing potential issues and risks in the
employment aspect within the Company.
Some of the issues and risks faced by Adira Finance related to employment include gender equality and
employment opportunities, work facilities and safety, work accident rates, turnover rates, education and
training, remuneration, and complaint mechanisms for employment issues.
In 2024, Adira Finance successfully implemented HR management in accordance with guidelines governing
employment practices. This is reflected in the absence of industrial conflicts or employee demonstrations
against management during the reporting period.
Composition of New Employees [GRI 401-1]
2024 2023
Description
Total % Total %
Gender
Male 1,292 79 1,278 75
Female 351 21 420 25
Total 1,643 100 1,698 100
Age
18-25 years old 476 29.0 201 11.8
26-35 years old 1,063 64.7 1,337 78.7
36-55 years old 104 6.3 158 9.3
>55 years old - 0 2 0.1
Total 1,643 100 1,698 100
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2024 2023
Description
Total % Total %
Work Area
Head Office 206 13 272 16
Branch Office 1,043 63 1,039 61
Non-Branch Office 394 24 387 23
Total 1,643 100 1,698 100
Demographics of Employees Leaving the Company [GRI 401-1]
2024 2023
Description
Total % Total %
Gender
Male 1,562 87 1,515 86
Female 226 13 241 24
Total 1,788 100 1,756 100
Age
18-25 years old 168 9.4 126 7.2
26-35 years old 1,081 60.5 1,145 66.25
36-55 years old 532 29.8 477 27.2
>55 years old 7 0.4 8 0.5
Total 1,788 100 1,756 100
Work Area
Head Office 118 7 134 8
Branch Office 852 48 883 50
Non-Branch Office 818 46 739 42
Total 1,788 100 1,756 100
Employee Turnover Rate
Number of Employees Percentage of Employees
Description
(in reporting year) (in reporting year)
Number of employees resigning/ 1,788 Employees 10.46%
work termination
Number of New/replacement Employees 1,643 Employees 9.61%
Average Training Hours Per Year Per Participant [SEOJK F.22][GRI 404-1]
2024 2023
Description Number of Number of Number of
Average Number of Average Training
Training Training Training
Training Hours Training Hours Hours
Participants Hours Participants
Gender
Male 85,449 409,147 4.78 122,382 558,579 4.56
Female 24,360 95,608 3.92 26,309 167,133 6.35
Employment Status
Permanent 98,448 441,828 4.48 131,494 598,926 4.55
Contract 11,361 62,926 5.53 17,197 126,786 7.37
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OPTIMIZATION OF THE SCOPE OF COMPANY INFLUENCE IN THE FIELD OF EMPLOYMENT
Adira Finance is committed to ensuring that every employee›s rights are fulfilled through Human Resources
management that is fair, transparent, and in accordance with applicable regulations. Based on Law No. 13
of 2003 concerning Employment, which has been updated into Law No. 11 of 2020 concerning Job Creation,
Adira Finance provides equal treatment to all employees, regardless of their background, and guarantees
fair opportunities for career development. Apart from that, Adira Finance also applies various employment
principles, such as gender equality and non-discrimination, which are values that the Company always
upholds.
Adira Finance realizes the importance of creating a safe, healthy and inclusive work environment for all
employees. By referring to applicable labor law principles, the company ensures that the welfare and mental
health of employees is always maintained, thus supporting the creation of a workplace that is conducive to
productivity.
Indonesia Human Capital Award 2024.
Adira Finance successfully won the Indonesia Human Capital Award 2024 as “The Best Human Capital
for Adopting Human Capital Management Framework in Aligning with Customer-Centric Culture,”
Multifinance category. This award is recognition of Adira Finance’s efforts in building a positive and
sustainable work culture by focusing on customer service.
This award also demonstrates Adira Finance’s success in creating a work environment that promotes
employee growth and development through strategic implementation and initiatives in human
resource management, information system strengthening, and performance management, as well as
the development of employee careers and competencies through continuous training programs.
By focusing on competency development, improving welfare, and empowering employees, Adira
Finance is able to build a solid and committed team to achieve the company’s vision and mission. The
company’s mission is to provide a variety of financial solutions according to customer needs through
synergy with the business ecosystem.
MECHANISMS AND PROCEDURES FOR Further information regarding mechanisms and
HANDLING EMERGENCIES RELATED TO procedures in the violation reporting system can be
JOB SAFETY AND LABOR CONFLICTS found in a separate discussion in the Governance
Adira Finance realizes the importance of maintaining chapter in this report.
a safe and conducive work environment for all
employees as part of the company›s efforts to create In terms of handling employment conflicts, Adira
a sustainable business. Therefore, Adira Finance has Finance has formulated procedures that are
developed various comprehensive mechanisms and fair, transparent, and prioritize the principles of
procedures to handle all forms of emergencies, both mediation and open dialogue. The company ensures
related to work safety and employment conflicts, that every employee involved in a conflict has access
namely by optimizing the whistleblowing system. to an objective and impartial resolution path.
The whistleblowing system is a Company system The procedures implemented include mechanisms
managed by an independent party, which can for conveying complaints, dissatisfaction, or
be used by all stakeholders to report various objections that are felt to interfere with the
violations from external and internal parties of the implementation of duties. The complaint
Company, including employment issues. With a mechanism for employee complaints can be
whistleblowing system, companies can proactively submitted to direct superiors, as well as through the
prevent unwanted incidents from occurring and Directorate appointed by the Company.
create a transparent and trustworthy work culture.
Through this procedure, Adira Finance seeks to
prevent conflict escalation, which could have a
negative impact on industrial relations, while
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keeping employee rights protected. All decisions Adira Finance›s initiatives in the field of work safety
taken in conflict resolution are always based on include:
applicable legal regulations and internal company • Providing good, clean and healthy work places,
policies. facilities, and means.
• Organize the work space by paying attention to
Meanwhile, related to work safety, Adira Finance usability aspects.
creates a safe and comfortable work environment • Provide safety and security equipment for
in every operational area and work area of the employees.
company. Even though Adira Finances work • Provide training and socialization regarding
environment is located in an office location and has work safety for employees.
a lower level of risk compared to other industrial • Preparing monitoring and reporting mechanisms
sectors, the company still provides full guarantees regarding work environment conditions.
of work safety to employees and consumers. Adira • Coordinate regularly with MCC Building
Finance has made various efforts to minimize Management (for Head Office), Pamswakarsa
the impact of OHS through the implementation and related agencies (for Branch Offices), as well
of policies, procedures, periodic inspections and as security vendors in managing information and
socialization within the Company. support related to employee safety and security
in the work environment.
• Providing Webinars related to Safety and Health
• Disseminating Thematic Flyers related to Safety
and Health
• Provision of Box Warden
• Training on the use of APAR
• Installation of Law No. 1 of 1970
• Installation of an Emergency Response
Organizational Structure
Forms of Allowances Based on Employee Status [GRI 401-2]
Employment Status
No. Remuneration Components
Permanent Employees Contract Employees
1. Basic Salary v v
2. Meal Allowance v v
3. Transport Allowance v v
4. Professional Allowance v v
5. Site Allowance v v
6. Holiday Allowance v v
7. Annual Leave Allowance v v
8. Large Leave Allowance v x
9. Welfare Allowance v x
10. Overtime Wages v x
11. Severance Pay (Law No.13/2003) v x
12. Pension Program v x
13. Health Insurance v v
14. BPJS Kesehatan v v
15. Old Age Protection (BPJS Employment) v v
16. Working Accident Protection (BPJS Employment) v v
17. Death Protection (BPJS Employment) v v
18. Retirement Protection (BPJS Employment) v v
19. Annual Leave v v
20. Service Leave v x
21. Worship Leave v v
22. Maternity Leave v v
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EMPLOYMENT TJSL PROGRAM TARGET 3. Arrange the work space by paying attention to
AND PLAN usability and aesthetic aspects.
In 2024, Adira Finance has set a target for 4. Providing green plants both around the
implementing TJSL in the fields of employment, Company›s business network and within the
occupational health and safety in accordance with Company›s offices.
management policies and employment-related 5. Provide safety and security equipment for
issues as previously mentioned. employees.
6. Provide training and socialization regarding
EMPLOYMENT PRACTICE MANAGEMENT occupational health and safety for employees.
ACTIVITIES AND ACCOMPLISHMENTS IN 7. Prepare monitoring and reporting mechanisms
2024 [GRI 403-5] regarding work environment conditions.
In 2024, Adira Finance has carried out various 8. Conduct periodic cleanliness and health checks
labor management activities and achievements as in the work environment.
follows: 9. Providing health facilities and equipment for
1. Provide equal opportunities for all employees to employees.
receive training for career development.
2. Providing good, clean, and healthy workplaces, In terms of employee training, Adira Finance
facilities, and means. organizes various training and competency
development activities with the number of
participants and training investment during 2024 as
follows:
Employee Training 2020 2021 2022 2023 2024
Number of Training Participants 289,644 202,686 172,951 175,264 153,949
Training and Development Investment (Rp billion) 27.6 13.5 64.7 80.2 69.4
Employee Training and Development
Average training hours per Number of employees participating in Percentage of employees participating
employees (in 2024) the training program in training (%)
29.52 hours/employee 17,098 100 %
Adira Finance is committed to creating a work environment that supports balance between employees›
personal and professional lives. One of the efforts made is to provide various complete health facilities. This
facility not only includes routine health checks, but also other facilities such as health insurance, life insurance,
personal accident insurance, and BPJS Health have been provided to ensure employee work-life balance.
Adira Finance understands that employee physical health has a direct impact on work productivity. With a
healthy body, employees will be better able to complete work activities and tasks more efficiently. Therefore,
the company is committed to providing facilities and programs that support employee physical health.
The health benefits obtained by employees include inpatient care, childbirth, general outpatient care and
dental care. Apart from that, the Company also provides glasses and lenses with a reimbursement system.
Meanwhile, related to work safety, Adira Finance creates a safe and comfortable work environment in every
operational area and work area of the company. Even though Adira Finance›s work environment is located
in an office location and has a lower level of risk compared to other industrial sectors, the company still
provides full guarantees of work safety to employees and consumers. Adira Finance has made various efforts
to minimize the impact of OHS through the implementation of policies, procedures, periodic inspections and
socialization within the Company.
Adira Finance›s initiatives in the field of work safety include: [GRI 403-6]
• Providing good, clean and healthy work places, facilities, and means.
• Arrange the work space by paying attention to usability aspects.
• Provide safety and security equipment for employees.
• Provide training and socialization regarding work safety for employees.
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
• Prepare monitoring and reporting mechanisms • Installation of Law No. 1 of 1970.
regarding work environment conditions. • Installation of an Emergency Response
• Coordinate regularly with MCC Building Organization Structure.
Management (for Head Office), Pamswakarsa
and related agencies (for Branch Offices), as well In managing employment practices, Adira Finance
as security vendors in managing information and has provided systems and mechanisms to follow up
support related to employee safety and security on various existing problems and reports. In 2024,
in the work environment. Adira Finance received 63 complaints. Of the total
• Providing Webinars related to Safety and Health. number, 6 reports have been completed based on
• Disseminate Thematic Flyers related to Safety applicable procedures and provisions fairly and
and Health. independently, and 12 reports are still in the process
• Provision of Box Warden. of being examined. Meanwhile, as many as 45
• Training on the use of APAR. reports were not followed up due to lack of or no
evidence.
OHS Performance [GRI 403-9]
2024 2023
Number of Working Hours (Million Hours) 49,83 47,8
Work Accident Rate 0,060 0,042
Fatality Rate 0,008 0,1
Total Work Days Lost (Days) 269 34
Frequency Rate (FR) 0,301 0,209
Severity Rate (SR) 6,114 0,773
Number of Work Accidents
Frequency of work accidents from total employees Percentage of serious work accidents resulting in serious and
fatal injuries from total employees (%)
0.301 0.003 %
AWARDS AND CERTIFICATION IN THE FIELD OF EMPLOYMENT
Until the end of 2024, P2K3 (Occupational Safety and Health Development Committee) at the Adira Finance
Company has received approval from the Manpower, Transmigration and Energy Service.
Awards in the field of Employment won by Adira Finance in 2024 include:
- The Best Human Capital for Adopting Human Capital Management Framework in Aligning with
Customer-Centric Culture, (Category: Multifinance) at the Indonesia Human Capital Awards 2024 event
by Economic Review
- TOP Human Capital Awards 5 Stars at the TOP Human Capital Awards 2024 event by TOP Business
- The Most Committed Human Capital Leader to Mrs. Swandajani Gunadi at the 2024 TOP Human Capital
Awards event by TOP Business
- Indonesia Green Leader for Green Orientation in Implementing Sustainability Initiatives to Support
Green Living to Mr. Dewa Made Susila at the 2024 Top Green Leaders Award event by Warta Ekonomi
Indonesia
Meanwhile, Adira Finance has also carried out certification in the field of employment for HCGA & Corpu
managers at both head office and regional offices with the «Competency Based Training in the Field of
Human Resources Level HR Manager» certification
BUDGET/COSTS INCURRED
In 2024, the total costs incurred by the Company in implementing TJSL activities in the employment sector
reached IDR20.3 billion. Meanwhile, in 2023 it reached IDR8.2 billion.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 405
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ENVIRONMENTAL SOCIAL
RESPONSIBILITY
COMMITMENTS AND POLICIES
The issue of climate change and environmental
conservation has become a major concern for all
Adira Finance is committed stakeholders. In alignment with stakeholders, Adira
to ensuring environmental Finance believes that the Company’s sustainability
sustainability in all its is also determined by its responsibility for
business activities. The environmental impacts, both in conducting business
operations and in managing the environment
Company recognizes that in its operational areas. Adira Finance is strongly
environmental sustainability committed to contributing to environmental
is closely linked to future aspects, both directly and indirectly, by minimizing
business growth. Therefore, the negative impact of operational activities on the
environment.
Adira Finance consistently
prioritizes best practices in Although the Company’s operational and business
its operations, particularly in activities do not directly interact with or negatively
the environmental sector, to impact the environment, Adira Finance continuously
monitors emerging environmental issues. The
generate positive benefits company implements best practices through
for all stakeholders. various programs, initiatives, and policies within
its operational areas, such as water consumption,
paper usage, and energy management. [GRI 3-3]
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From a business perspective, the Company’s Adira Finance continuously mitigates
commitment is implemented through environmental issues and risks that could impact
environmentally conscious policies and initiatives by its sustainability, even though the amount of
providing credit financing that enables customers waste generated is relatively small and limited. The
to participate as agents of sustainable development, Company acknowledges that efficient electricity
particularly in environmental conservation. In and paper usage in operations is a manifestation
extending credit financing, the Company considers of its responsibility and commitment to improving
environmentally friendly financing aspects as a environmental quality.
prerequisite to minimize negative environmental
impacts. Additionally, Adira Finance has designed This commitment is implemented through
policies and developed eco-friendly financing the efficient use of resources in all operational
products, including electric bicycles, electric offices, ensuring that financial services support
motorcycles/cars, and solar panels. environmental conservation. The Company also
strives to meet stakeholder expectations regarding
Regarding other aspects, Adira Finance remains its active role in addressing environmental issues,
committed to complying with all government both directly and indirectly, by complying with all
regulations and policies. The Company aligns applicable regulations and policies in Indonesia.
its operational and business activities with the Furthermore, Adira Finance actively supports the
Sustainable Development Goals (SDGs) as part of Indonesian government’s environmental agenda
its efforts to support the government’s agenda for by committing to various initiatives and programs
achieving sustainable development. aimed at reducing carbon emissions from its
operations.
The Company’s various programs, initiatives, and
policies related to environmental conservation, From a business perspective, Adira Finance
both internally and externally, demonstrate its consistently considers relevant environmental issues
commitment and responsibility to contribute to through policies that regulate credit disbursement
the improvement of environmental quality. The while taking social and environmental aspects into
Company also firmly believes that enhanced account. The Company applies sustainable finance
environmental sustainability will contribute to the principles in providing financing to debtors, adhering
company’s growth and business development. to regulations related to social, environmental, and
governance aspects.
Environmental Issues and Risks Relevant
to the Company’s Business [SEOJK E.5][GRI 2-25] The Company also undertakes various strategic
As a company operating in the financing sector, measures to enhance business sustainability in
most of Adira Finance’s operational activities do not alignment with environmental sustainability by
have a direct impact on the environment. However, designing policies and developing eco-friendly
the Company recognizes that its daily operations financing products such as electric bicycles, electric
require materials and energy consumption, both motorcycles/cars, and solar panels. This effort can
renewable and non-renewable, such as electricity, be seen from Adira Finance, which already has an
paper, and water. If not properly managed, the use environmentally friendly financing product policy
of these resources can generate waste and leave for electric motorbikes.
a carbon footprint that affects the environment.
Therefore, Adira Finance is committed to The Company’s Scope of Influence on
implementing various programs, initiatives, and Stakeholders
policies that prioritize best practices in maintaining For Adira Finance, stakeholders play a crucial role in
environmental quality, both directly and indirectly, its sustainability and therefore holding a significant
in every operational activity. position in its operational and business activities.
The Company’s scope of influence on stakeholders
regarding environmental issues encompasses
several stages, beginning with feasibility
assessments of strategies and work programs
related to environmental issues, followed by the
approaches taken, impact evaluations of business
activities, and regulatory reviews concerning
environmental matters relevant to the company’s
business.
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Emergency Handling Mechanism and 1. Environmental Management
Procedures for Environmental Safety Adira Finance recognizes that effective
As a demonstration of its responsibility and environmental management in its workplaces
commitment to environmental issues, Adira provides positive benefits by enhancing
Finance has established emergency handling employee work quality. A clean and well-
mechanisms and procedures for environmental organized work environment fosters comfort
safety. This is achieved through the optimization of and supports employee health within the
the Whistleblowing System. company’s operational areas. The following are
various environmental management programs
Adira Finance ensures that all employees, implemented by the company throughout 2024:
independent parties, and third parties can report • Planting green plants within and around
any suspected violations related to environmental business premises;
safety and environmental conflicts, provided the • Organizing workspaces with a focus on
reports are supported by accountable evidence comfort and cleanliness;
and submitted in good faith for the benefit of • Providing adequate waste disposal facilities
the company. Further handling of such reports is and other cleaning equipment;
managed by the relevant unit/committee, including • Collaborating with third parties/recycling
an initial review of complaints and disclosures of banks/vendors for waste management. [SEOJK
violations. F.14];
• Reducing the use of single-use plastic bottles/
Throughout 2024, Adira Finance did not receive/ packaging at the company’s head office by
received any complaints or reports of environmental promoting the use of reusable tumblers to
violations. The implementation mechanism of the minimize bottled water consumption, water
whistleblowing system has been disclosed in the use, and soap for washing glasses;
Whistleblowing Policy section of this Annual Report. • Encourage employees not to bring their
own private vehicles, but to share vehicles
Targets and Plans for CSR Activities in with other employees (reducing exhaust
Environmental Conservation emissions);
Adira Finance is committed to continuously • Conducting regular tree planting activities;
conducting various initiatives and programs that Mangrove planting initiatives; [SEOJK F.10]
positively impact the environment. For the 2024 CSR • Organizing vehicle emissions testing;
implementation, the company has set targets and • Hosting eco-friendly Safety Riding programs;
plans for environmental CSR activities in line with its Conducting environmental awareness
environmental management policies. In addition to training for customers, employees, and
CSR implementation in environmental conservation, communities;
the company also conducts CSR programs that • Providing Scope 3 awareness training for
incorporate environmentally responsible operational employees;
activities, consumer financing for eco-friendly • Establishing EV charging stations;
products, and environmental considerations in • Installing solar panels, and Providing VRF.
providing financing facilities to customers.
2. Paper Usage
Achievements of the 2024 CSR Adira Finance acknowledges that paper is
Environmental Conservation Programs an essential material in business operations.
In implementing its CSR programs in The company also recognizes that paper-
environmental conservation, Adira Finance actively saving initiatives contribute to environmental
involves both internal and external stakeholders, sustainability.
including government entities and communities.
This engagement ensures that the company’s In its operations, paper is used for meeting
CSR programs deliver maximum, precise, and materials, financing agreements, application
measurable benefits, particularly in environmental
conservation.
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forms, survey forms, and correspondence, which still rely on hard copies, leading to significant paper
consumption. Therefore, Adira Finance is committed to achieving a paperless office and gradually
implementing digital document policies in its operations. Throughout 2024, the company has undertaken
various measures to manage paper usage, including: [SEOJK F.5]
• Increasing the use of information technology and digitalization in all company activities and document
storage.
• Simplifying consumer financing documentation to reduce paper consumption.
• Maximizing paper usage by utilizing both sides of sheets, particularly for drafting documents.
• Separating new paper, reusable paper, and non-reusable paper.
The comparison of paper consumption at the Company’s head office from 2022 to 2024 is as follows: [SEOJK F.13]
Year Ream Quantity Total Sheets
2022 22.424 11.212.000
2023 24.627 12.313.500
2024 26.626 13.313.000
3. Water Usage [SEOJK F.8]
Water is an essential resource in operational activities, serving purposes such as consumption, sanitation,
and workplace cleanliness. The water supply for the Company’s headquarters comes from the building
management, which sources water from the Regional Drinking Water Company (PDAM). To promote
sustainability, Adira Finance strives to utilize water as efficiently and effectively as possible. Throughout
2024, water usage for the Company’s operational needs cannot be calculated, and water costs are paid in
the form of building maintenance costs, so the amount of water used cannot be detected.
4. Energy Consumption [SEOJK F.7]
Adira Finance recognizes that energy consumption plays a crucial role in its operational activities. As
part of its commitment to environmental sustainability, the Company continuously implements energy
efficiency measures across all operational activities. Adira Finance consistently applies various initiatives
and efficiency programs, including reducing electricity consumption by minimizing the number of lights
used or turning them off when natural daylight is sufficient, utilizing energy-efficient electrical equipment,
and limiting the use of high-energy-consuming devices, among other efforts. In 2024, the Company’s
energy consumption resulted in CO₂ emissions totaling 7,035,868.8 tons CO₂.
Comparison of Energy Consumption at the Company’s Headquarters: [SEOJK F.6][SEOJK F.11][GRI 302-1][GRI 305-1]
Total Company Energy Usage and Carbon Emissions
Total Consumption Carbon CO2 Emissions Generated
Energy
GHG Emissions Conversion
Source Factor*
2022 2023 2024 2022 2023 2024
Direct GHG emissions (Scope 1)
Direct emissions from Diesel 637 321 0 2.668 1.70 0.86 -
stationary combustion (Liter)
Direct emissions from Gasoline 3,429 15,498 1,047 0.11319444 0.39 1.75 0.12
mobile combustion (Liter)
Total Direct Emission (Scope 1) 2.09 2.61 0.12
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 409
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Total Company Energy Usage and Carbon Emissions
Total Consumption Carbon CO2 Emissions Generated
Energy
GHG Emissions Conversion
Source Factor*
2022 2023 2024 2022 2023 2024
Indirect Emissions (Scope 2)
Indirect emissions from Listrik 1,958,841 1,815,105 1,954,408 0.6* 1,175,304.60 1,089,063.00 1,172,644.80
consumption of imported/ (KWH)
purchased electricity
Total Indirect Emissions (Scope 2) 1,175,304.60 1,089,063.00 1,172,644.80
Total Carbon Emissions Generated (Scope 1 and scope 2) (Kg CO2 eq.) 1,175,306.69 1,089,065.61 1,172,644.92
Carbon Emission Intensity Generated (ton CO2 eq. IDR) 0.00000014 0.00000011 0.00000012
*) Carbon conversion factor uses MUFG conversion standards.
Year Energy Consumption (KWH) Total (Megajoules) (IDR)
2022 1,958,841 7,051,827,6 2,828,566,043
2023 1,815,105 6,534,378.0 2,695,397,490
2024 1,954,408 7,035,868.8 2,902,295,880
*) Carbon conversion factor uses MUFG conversion standards.
5. Financing for Environmentally Friendly Vehicles b. As we know that recently motor vehicle
Adira Finance demonstrates its commitment manufacturers continue to strive to meet
to environmental sustainability and business their environmental standards in order
practices aligned with government initiatives to market their products in European
through its financing services for electric countries that have strict requirements for
vehicles. Throughout 2024, the Company maximum exhaust gas limits, and usually
successfully provided financing for 6,080 electric will be stricter every year. By limiting the
vehicle units, amounting to IDR380.7 billion. age of motor vehicles, it is expected that
[SEOJK F.12] the engine technology used will be more
environmentally friendly. On the other hand,
6. Environmental Considerations in Financing the engine is usually still well-maintained
Requirements and still meets the maximum exhaust gas
Adira Finance has implemented various initiatives level requirements..
to integrate environmental considerations c. Requiring customers to maintain and
into its financing requirements, supporting properly care for their financed vehicles to
environmental sustainability efforts, including: reduce pollution, both in terms of air and
[SEOJK F.12] noise emissions. Proper maintenance helps
a. Setting a maximum vehicle age limit for ensure that vehicles operate efficiently and in
financing, aiming to reduce the use of older, compliance with environmental regulations.
less environmentally friendly technologies.
The maximum vehicle age eligible for Budget/Expenses Incurred [SEOJK F.4]
financing by Adira Finance is 12 years for Adira Finance has designed activity plans, allocated
passenger cars, 10 years for commercial manpower, and budgeted investments for
vehicles, and 10 years for motorcycles at the environmental management. In 2024, the company
end of the financing period. allocated IDR424 million for environmental
sustainability initiatives.
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SOCIAL RESPONSIBILITY
FOR CONSUMERS
COMMITMENTS AND POLICIES [GRI FS15][SEOJK
F.17]
Quality products and services and guaranteeing
Adira Finance understands consumer rights through best practices are
that consumers are an important keys to Adira Finance’s business
sustainability. The Company always improves
essential part of the
constructive and harmonious relationships with
Company’s business consumers so as to create long-term relationships
sustainability. Therefore, we (customer for life) in order to realize business
are committed to providing sustainability in the future.
quality products and
The Company has the principle that consumers
services that will increase are friends, where Adira Finance provides quality
consumer satisfaction and products and services and provides solutions
trust. This commitment related to financial aspects. This is in line with the
Company’s mission, namely that Adira Finance
demonstrates the
is committed to providing a variety of financial
Company’s responsibility solutions according to consumer needs through
to its consumers and other synergy with the ecosystem. For this reason, Adira
Company stakeholders. Finance is committed to continuously building and
maintaining quality products and services in order to
achieve perfection, which ultimately has an impact
on increasing consumer satisfaction. This is also our
effort to maintain the Company’s reputation as one
of the best financing companies in Indonesia.
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 411
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We continue to take various strategic steps and Adira Finance, having a means for complaints or
policies to provide excellent service and quality consumer complaints as an effort to improve service
products to maintain consumer loyalty and quality. In providing services for handling consumer
consumer sustainability. We carry out various complaints, Adira Finance is guided by OJK
innovations based on the wider range of consumers, Regulation Number 01/POJK.07/2013 concerning
which has an impact on the increasing number Consumer Protection in the Financial Services
of customers, the diversity of consumer needs Sector, OJK Circular Letter Number 2/SEOJK.07/2014
and desires that are more specific to needs in the concerning Service and Resolution of Consumer
financing sector. In addition, Adira Finance strives to Complaints for Service Business Actors Finance, as
present innovative products and services so that the well as the provisions of other relevant laws and
services provided by the Company are in line with regulations.
technological developments.
MECHANISMS FOR STAKEHOLDER
Adira Finance believes that business sustainability INVOLVEMENT, CONSUMER INVOLVEMENT,
is determined by how companies can increase their AND COMPLAINTS
competitiveness considering today’s increasingly The Company’s commitment to ensuring that the
dynamic and competitive business competition. products and services provided to consumers are
maintained properly has led Adira Finance to create
CONSUMER-RELATED ISSUES AND a complaint system for consumers. The Company
RISKS FROM THE COMPANY’S BUSINESS ensures that it has fulfilled the provisions of OJK
ACTIVITIES Circular Letter Number 2/SEOJK.07/2014 concerning
As a form of the Company’s responsibility towards Service and Resolution of Consumer Complaints for
consumers and all stakeholders, Adira Finance Financial Services Business Actors. For this reason,
always obeys and complies with consumer Adira Finance has taken a number of actions, such
protection regulations and provisions in the financial as:
services sector. The Company is committed to 1. Have procedures for servicing and resolving
providing information regarding financing products consumer complaints.
and/or services that is accurate, honest, clear, and 2. Never charge fees for service and complaint
comprehensive. resolution.
3. Has a work unit that carries out service and
The various steps and efforts taken by the Company complaint resolution functions, namely the
include providing a written summary of product Customer Care Unit.
and/or service information regarding the benefits, 4. Assess the level of service in all of the Company’s
risks, and costs of products and/or services, as business units by calculating the SLA (the time
well as applicable terms and conditions. Adira required by each unit to complete the process in
Finance is also obliged to provide consumers with that unit). The results of this assessment are then
an understanding of their rights and obligations submitted to all business units every month.
regarding the selected financing products and/or 5. To minimize risks and ensure that the service
services. process and complaint resolution are carried out
in accordance with procedures, Adira Finance
SCOPE OF COMPANY INFLUENCE has a Quality Assurance Unit and an Internal
REGARDING CONSUMER ISSUES ON Audit Unit.
STAKEHOLDERS 6. Submit service reports and resolve consumer
Adira Finance carries out various product and service complaints in accordance with the time period
innovation initiatives in providing the best service, determined by the OJK.
which aims to speed up the service process and ease 7. Product Information [SEOJK F.27]
access, as well as consumer comfort and safety. This • For each financing, Adira Finance explains the
is a concrete manifestation of the Company’s efforts applicable financing terms and conditions to
to improve the quality of various services provided consumers. Each financing contract is made
as a commitment and responsibility to consumers. based on the provisions of the laws and
regulations that apply to finance companies
One of the efforts made by the Company is through in Indonesia. Explanations are given to
handling consumer complaints, which is the reach consumers to avoid consumers being harmed
and scope of its social responsibility to consumers. during the financing period.
This form of responsibility is implemented by
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• To ensure the implementation of this SOCIAL RESPONSIBILITY PROGRAM PLAN
procedure, every officer who deals with TO CONSUMERS IN 2024
consumers has been equipped with In 2024, Adira Finance’s CSR activity plans and
knowledge about products and services for targets in the area of responsibility to consumers are
consumers and is guaranteed to be able to to carry out business operations in accordance with
explain the terms contained in the financing management policies in the area of responsibility to
contract if requested by the consumer. consumers. In addition, Adira Finance also carries
out other CSR activities, which include customer
Adira Finance has a consumer complaints system involvement activities.
as a form of the Company’s responsibility and
commitment to providing the best service. ACTIVITIES AND ACHIEVEMENTS OF
Consumers can contact the complaint system 6 SOCIAL RESPONSIBILITY MANAGEMENT
days a week, namely Monday–Friday, 08.00–15.00, FOR CONSUMERS
and Saturday 08.00–12.00 (service hours at branch In order to foster harmonious and constructive
offices). relationships with consumers and stakeholders,
Adira Finance has carried out various activities
The Company also completes consumer complaint related to responsibility towards consumers
services through Customer Service, which is throughout 2024, including: [SEOJK F.17]
available at each Branch office during Branch office
Service hours, ‘Dering Adira’ service via telephone A. Consumer Empowerment
number 1500511 (from regular telephone or mobile We realize that the growth and development of
phone), Email Care: customercare@adira.co.id, the Company’s business cannot be separated
which is available 24 hours a day and 7 days a week. from the important role of stakeholders. For this
reason, Adira Finance is committed to carrying
In addition, consumers and the public can submit out various activities to increase consumer
complaints or reports directly through Customer empowerment because we realize that
Service officers at every Adira Finance Office or by consumers are one of the main stakeholders who
contacting the Dering Adira service via telephone determine business sustainability. The Company
number 1500511 (from a regular telephone or realizes the importance of always increasing the
cellphone), which can be contacted 24 hours a day benefits received by society and consumers.
and 7 days a week. Every complaint that comes
in will be automatically recorded for a follow-up Adira Finance has CSR plans and targets in
process that can be monitored at any time. [SEOJK accordance with the policies set by management
F.30] as a form of the Company’s responsibility
and commitment. In addition, we also carry
MECHANISMS AND PROCEDURES out various other activities, such as customer
FOR HANDLING EMERGENCIES FOR engagement activities to empower consumers
CONSUMER SAFETY AND CONSUMER through the creating shared value (CSV)
CONFLICT program. These various activities include:
Mechanisms and procedures for handling • Holding a Festival Kreatif Lokal within the
emergencies regarding consumer safety and context of ecosystem engagement.
consumer conflicts can be carried out through the • Providing socialization or education related
Whistleblowing System. Every complaint report that to financial services in general and related to
comes in will be automatically recorded so that the Adira Finance services.
follow-up and resolution process can be monitored • Adira Finance also has a training and
at all times. The existence of this system has also coaching program for customers who
helped Adira Finance to evaluate the Company’s have businesses in the Jabodetabek area.
service performance. With these mechanisms and We provide knowledge that can be useful
procedures, Adira Finance will always be able to for business development. This training
make improvements and upgrade services in the and coaching program lasts for 3 months
future. through several stages, namely: determining
participants, training, and mentoring.
Furthermore, participants will be monitored
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to see the development of their business. internal information related to the Company,
In implementing customer coaching, the such as Company plans and strategies,
materials provided include knowledge about information about consumers, financial
business management, understanding of information, operational activities, and other
business potential, simple bookkeeping, and information deemed important by the Company.
marketing tricks. This is always the Company’s commitment to
maintaining consumer trust and satisfaction
B. Consumer Confidentiality and Privacy towards sustainable business growth and
Adira Finance believes that protecting consumer development.
data and information is an important aspect of
the Company’s sustainability. For this reason, Throughout 2024, Adira Finance did not receive
Adira Finance is committed and fully responsible any complaints or warnings from the Financial
for protecting the data and information provided Services Authority related to violations of
by consumers so that it is not misused by confidentiality or consumer privacy.
irresponsible parties.
C. Consumer Satisfaction
The Company always ensures that the Adira Finance’s efforts to create the best quality
management and employees maintain the products and services to increase consumer
confidentiality of data and information. This satisfaction are also carried out through input,
obligation is a code of ethics for every Adira suggestions, criticism, and complaints received
Finance employee from the training period and by the Company. Throughout 2024, there were
work period, as well as for employees who have a total of 22,334 complaints, both related and
resigned. This includes the confidentiality of all unrelated to the financing services provided by
the Company, and all complaints and grievances
have been resolved.
Complaints received 2022 2023 2024
Total 11,893 20,710 22,334
The following is data on service and resolution of consumer complaints by the Company throughout 2024:
[SEOJK F.28][SOJK F.29]
No Problem Category Total
1 Adirapoin 792
2 Adiraku Application 5,721
3 Insurance 238
4 Danamon Lebih Adira Autodebit 93
5 Change of name of BPKB 5
6 Stamp Duty Proof of Payment 2
7 Administrative Fees 56
8 Withdrawal Fees 3
9 BPKB Storage Fees 292
10 Transaction Fees 872
11 Customer Objection to Credit 78
12 Danadira - Login 4
13 Danadira - Fund Disbursement 3
14 Danadira - Credit Application 5
15 Danadira - Registration 8
16 Fines/Penalties 1,295
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No Problem Category Total
17 PDK ACI OTP Failure 4
18 Keday 3
19 Adira Finance Quiz/Competition 2
20 Services (systems and procedures) 917
21 Officer Services 1,031
22 Expedited repayment 220
23 Online Payment 656
24 Handling of Unit Withdrawals 494
25 Consumer Offering Media Update 5
26 Fraud 26
27 Differences in Customer Data 844
28 STNK Renewal 55
29 ADMF DG (Electronic-Furniture) Products 11
30 Promotion Program 48
31 Rate/Interest/Margin 5
32 Restructuring 10
33 MAXI Funding/Financing Solutions 276
34 Application Status 965
35 Black List Status 388
36 BPKB Status 531
37 Important Document Status 56
38 Insurance Claim Status 267
39 Payment Status 5,812
40 STNK 196
41 Total Bill 45
Information on the causes of complaints in 2022, 2023 and 2024:
No Description 2022 2023 2024
1 Consumers’ understanding of product characteristics 805 412 361
2 Insufficient product information 75 - -
3 Interference/damage to information technology devices and systems - 2 9
4 Changes/termination of contracts/agreements/contracts - - …
5 Consumer Negligence 2,457 2,216 2,467
6 Financial Services Business Actors Negligence - - …
7 Criminal Acts of Financial Services Business Actors - - …
8 Others: Dealership, Service, Important Document Status, Insurance Claims, 8,197 18,080 19,497
Payments and Total Bills
Total 12,255 20,170 22,334
Information on Positive and negative publication for 2022, 2023 and 2024:
No Description 2022 2023 2024
1 Consumer Complaints in Print/Electronic Mass Media 16 22 38
2 Print/Electronic media articles - 15 79
3 Print/Electronic media coverage 39 - -
4 Publication/writing in public places - - -
5 Social Media, Electronic Mail - - -
6 Others - 5 -
Total 55 142 117
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In 2024, Adira Finance also carried out a survey on the Customer Satisfaction Index (CSI) and the Customer
Loyalty Index (CLI). This is done by the Company in an effort to increase engagement between the Company
and consumers in order to provide the best products and services.
No Description Nilai
1 Customer Satisfaction Index (CSI 86.73
2 Customer Loyalty Index (CLI) 86.73
CERTIFICATIONS AND AWARDS IN THE FIELD OF CONSUMER
In 2024, Adira Finance successfully received certification and awards at various events held by various
institutions and organizations. This is a manifestation of Adira Finance’s success in creating a customer
experience that is impressive, superior, and in line with consumers’ expectations. Adira Finance has received
various awards and certifications, including:
1. Adira Finance earned 1st place in the Excellent Service Experience Award (ESEA) from the Carre Center in
the 2 Wheels Financing category with a grade of “Excellent”
2. Dering Adira Finance earned 3rd place in the Contact Center Service Excellence Award (CCSEA) from Carre
Center in the Financing category with the grade “Excellent”
3. Adira Finance earned 1st place in the 2024 Service Quality Index (SQI) from Carre Center in the 2W
Automotive Financing category with the grade “Diamond”
4. Adira Finance earned 1st place in the 2024 Service Quality Index (SQI) from Carre Center in the 4W
Automotive Financing category with the grade “Diamond”
5. Adira Finance earned the “Total Service Quality Satisfaction Based on Customer Perception Survey SQ
Index 2024” Diamond predicate in the Automotive Financing category in the Indonesia Service Quality
Award 2024. This award was organized by Marketing Magazine in August 2024
6. PT Adira Dinamika Multi Finance, Tbk. (Adira Finance) earned achievements by winning the Indonesia
Customer Experience (ICX) Award 2024, which was held by SWA Magazine in December 2024
BUDGET/COSTS INCURRED
In 2024, the total costs incurred by the Company as a form of responsibility towards consumers were IDR4.1
billion. Meanwhile, in 2023, it reached IDR4.3 billion.
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IT: BUSINESS DEVELOPMENT
STRATEGY
Throughout 2024, Adira Finance remains committed
to maintaining sustainable growth amidst dynamic
conditions. In its journey, the Company faced a
Amidst dynamic and number of economic challenges, such as increasing
interest rates and weakening of the rupiah currency,
challenging economic
as well as the increase of prices for basic necessities,
conditions, Adira Finance which ultimately put pressure on consumer
demonstrates its resilience purchasing power.
through a variety of
Nevertheless, Adira Finance continues to strive to
innovative initiatives.
record optimal performance by utilizing existing
Adira Finance strives to opportunities. Adira Finance continues to innovate by
meet the evolving needs expanding to non-automotive segments to support
of customers in order to business growth in areas such as multipurpose,
heavy equipment, and others. In November
contribute to a brighter
2024, Adira Finance launched a multipurpose
future by diversifying financing product, namely “Solusi Dana,” which
its product offerings, is a multipurpose financing product that uses a
developing a digital Motor Vehicle Certificate of Ownership (BPKB) as
collateral, allowing customers to meet their various
ecosystem, and committing
financing needs, ranging from education and home
to sustainability. renovation to business capital.
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Adira Finance also continues to develop its digital Adira Finance’s success in managing its financing
ecosystem through automation processes and portfolio and implementing innovative customer-
investing in digital businesses, such as through oriented strategies was maintained in 2024,
Adiraku, Momobil.id, Momotor.id, and Dicicilaja.com. despite pressures in the automotive sector. As an
Furthermore, in 2024, the Company also launched adaptive measure to the dynamics of the market,
the “Danadira” mobile application, which is an the Company continues to strengthen sustainable
instant financing application from Adira Finance, growth by expanding its financing portfolio to non-
in which all the processes are carried out digitally. automotive sectors. Throughout the year, Adira
At the same time, Adira Finance also continuously Finance posted a 10% growth in the non-automotive
improves and enhances customer experience financing (yoy), reaching IDR9.8 trillion. The largest
by continuing the focus on customer centricity, contribution in this segment was derived from the
improving its services, and offering a variety of multipurpose financing through the “Solusi Dana”
attractive services for customers. product.
One of the strategies to strengthen and gain market Adira Finance is optimistic that it will continue to
share in the automotive business is manifested by grow and develop in the future. The Company will
Adira Finance by returning to participate in the 2024 continuously implement innovative approaches
IIMS. This participation is a form of determination that consistently prioritize the customer as the main
and commitment from MUFG, Bank Danamon, focus, expand its market reach, and improve the
and Adira Finance in supporting the growth of the quality of its services. Furthermore, Adira Finance
Indonesian automotive ecosystem. will also increase its focus on the development of
sustainable products and support the creation of a
Participation in automotive events such as the 2024 better living environment.
IIMS provided Adira with the opportunity to promote
financing for environmentally friendly vehicles With the various initiatives that it has implemented,
while collaborating with partners in developing Adira Finance demonstrates its commitment to
products that support the sustainability agenda in continuously innovate and adapt with the evolving
the transportation sector. market dynamics. The combination of product
diversification, expansion to the electric vehicle
In addition to focusing on the growth of automotive sector, strengthening of the digital ecosystem,
and non-automotive financing, Adira Finance and focus on sustainability has become the key for
also offers electric vehicle (EV) financing, both for Adira Finance to continue to grow amidst economic
motorbikes and cars, as support for Indonesia’s challenges. This accomplishment reflects a resilient
efforts to transition to clean energy. Adira Finance business strategy and a strong focus on customer
also supports the electric vehicle ecosystem by satisfaction, making Adira Finance one of the
increasing financing in this sector, which reached leaders in the Indonesian multifinance industry in
IDR379.6 billion by the end of 2024. 2024.
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TESTIMONIALS FOR ADIRA FINANCE
I have been running this laundry business for 14 years. Before
this, my main income came from a catering business that
served offices. However, since the pandemic, the laundry
business has taken priority, though the catering business is
still running.
I first got to know Adira Finance to finance my Honda Supra
Helm-In, which is still in great condition today. Over time, I
also financed other electronics through Adira Finance.
Almost all the electronics in my home and business place,
like my phone, refrigerator, and even a camera, were
financed with Adira Finance. My washing machines, which
are essential for my laundry business, have been replaced
3–4 times, all with the help of Adira Finance. Currently, I’m
still paying off a motorcycle loan with them.
Adira Finance’s simple and hassle-free process has been
a positive experience for me. I hope to maintain a good
relationship with Adira Finance in the future.
IBU DWI SETYA WATI
(MOTORCYCLE AND DURABLE GOODS FINANCING CUSTOMER)
LAUNDRY BUSINESS OWNER
I first came across Adira Finance when I was taking a
Kawasaki Ninja motorbike installment with a tenor of
approximately one year and ten months, with accelerated
repayment. Since 2010, I’ve consistently used Adira Finance
for my financial needs.
Working with Adira Finance has been very beneficial for
me. Their services are excellent, the staff are friendly, the
administrative process is simple, and the loan amounts are
higher compared to competitors. That’s why I’ve used all
the vehicle registration certificates I own to secure loans
from Adira Finance to support my business.
In the future, I hope Adira Finance will offer more
competitive interest rates, even lower than their
competitors.
MR. EKO HERY SETIAWAN
(MULTIPURPOSE FINANCING CUSTOMER WITH VEHICLE REGISTRATION COLLATERAL)
HEAVY EQUIPMENT AND SHIP WORKSHOP OWNER
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 419
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For me, Adira Finance has consistently provided excellent
service. In terms of products, I find that Adira Finance offers
competitive and high-quality financing solutions compared
to other financial institutions. For this reason, we always
recommend Adira Finance to our customers and prospective
clients, as it stands out with greater payment flexibility and
superior benefits compared to its competitors. Moreover,
the application and disbursement process is remarkably
fast—often completed within a single day.
Adira Finance’s programs have consistently appealed to us,
both as dealers and customers. Looking ahead, we hope
Adira Finance continues to provide exceptional services and
innovative products that distinguish it from other financing
institutions.
DEALER HONDA - WIN
WIJAYA MAHKOTA PUTRA
I have had a long-standing partnership with Adira Finance,
continuing the collaboration that was first established by my
mother-in-law when she led this business. I began assisting
her and learning the industry well before the pandemic,
specifically in 2017. Looking even further back, I have been
familiar with, working alongside, and maintaining a strong
relationship with Adira Finance for over 20 years.
The service provided by Adira Finance has been truly
exceptional, as evidenced by the longevity of our partnership.
The fast credit approval process, transparent system, and
professional service have greatly supported us in offering
the best financing solutions to our customers. This is why
I always prioritize recommending Adira Finance over other
leasing companies. We hope this collaboration continues to
grow and thrive in the future.
DEALER HONDA - KENCANA SARI JAYA ABADI
LOUICE LEONTIA / ALLE
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Performance Opening Management Corporate Management Corporate Environmental Supporting
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SU PP O RT I NG
DATA
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OPERATIONAL AREA [SEOJK C.3[GRI 2-1]
Sumbagut Kalimantan
38 Networks 49 Networks
127 Thousands of Customers 158 Thousands of Customers
Sumbagteng
47 Networks
120 Thousands of Customers
Sumbagsel
47 Networks
127 Thousands of Customers
Jabodetabek
61 Networks
537 Thousands of Customers
West Java
45 Networks Central Java
200 Thousands of Customers 49 Networks
229 Thousands of Customers
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Sulawesi
94 Networks
201 Thousands of Customers
Bali & Nusa Tenggara
East Java 28 Networks
50 Networks 107 Thousands of Customers
193 Thousands of Customers
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 425
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THE COMPANY’S
BUSINESS NETWORKS
HEAD OFFICE JAKARTA - KELAPA GADING 1 JAKARTA BARAT (CAR) -
Millenium Centennial Center (MOTORCYCLE) LATUMENTEN
Jl. Jend. Sudirman Kav 25, Karet, Komp. Ruko Kokan Permata, Ruko Seasons City Blok A07,
Setiabudi, Jakarta Selatan Kelapa Gading Blok F3A,5,6,7, Jl. Latumenten No. 33, Jembatan
Tel : 021- 52963322/3232 Kelapa Gading, Jakarta Utara Besi, Tambora, Jakarta Barat
Fax : 021-52964159 Tel : 021-45851314 Tel : 021-29071301
Fax : 021-45851321 Fax : 021-29071303
JABODETABEKSER AREA-
BRANCH OFFICE JAKARTA - KELAPA GADING CIKARANG - SENTRA
(CAR) Komp. Ruko Bagasasi
JAKSEL 1 - TEBET Komp. Ruko Kokan Permata, Sentra Cikarang Blok B 20-22, Jl.
Jl. KH Abdullah Syafe’i Kelapa Gading Blok F 3A,5,6,7, Raya Cikarang-Cibarusah RT 012/
No. 50 A-C RT 012/RW 009, Kelapa Gading, Jakarta Utara RW 005, Sukaresmi, Cikarang
Kel. Bukit Duri, Kec. Tebet Tel : 021-45851314 Selatan, Bekasi
Jakarta Selatan Fax : 021-45851321 Tel : 021-89117744
Tel : 021-7902829 Fax : 021-89117745
Fax : 021-79191878 KETAPANG JAKPUS
JL. KH. Zainul Arifin No. 27, Blok BEKASI 1 - GRAND MALL
JAKARTA 3 (CAR) - TEBET A3-A4, RT 002/RW 001, Petojo Komplek Grand Mall Blok C No.
Jl. KH Abdullah Syafe’i Utara, Petojo, Jakarta Pusat 9-11, No 1, Jl. Jenderal Sudirman
No. 50 A-C RT 012/RW 009, Tel : 021-6322707 No.1, Harapan Mulya, Medan
Bukit Duri, Kec. Tebet Fax : 021-6322709 Satria, Bekasi
Jakarta Selatan Tel : 021-8892107
Tel : 021 -79187576 DAAN MOGOT - JAKBAR Fax : 021-88955379
Fax : 021-79191878 Jl. Tanah Lot Blok LC I No 14 -
15, RT 008 /RW 012, Kalideres, PONDOK GEDE - JATIRAHAYU
CILEDUG - TANGERANG Jakarta Barat Jl. Raya Hankam No. 60A-B, RT
H.O.S Cokroaminoto Tel : 021-54376721 007/RW 005, Jatirahayu, Pondok
(Ciledug Raya) RT 001/RW Fax : 021-54376342 Melati, Bekasi, Jawa Barat
006, Sudimara Timur, Ciledug, Tel : 021-84995340
Tangerang DAAN MOGOT (CAR) - JAKBAR Fax : 021-84995042
Tel : 021-73446773 Jl. Tanah Lot Blok LC I No 14 - 15,
Fax : 021-7323662 RT 008/RW 012, Kalideres, Jakarta PONDOK GEDE (MOBIL) -
Barat JATIRAHAYU
CIPUTAT - TANGSEL Tel : 021-54376721 Jl. Raya Hankam No. 60A-B, RT
Kompleks Ruko Ciputat LOT, Fax : 021-54376342 007/RW 005, Jatirahayu, Pondok
Jl. Dewi Sartika Kav 22-23, RT Melati, Bekasi, Jawa Barat
002/RW 009, Ciputat, Tangerang JAKARTA 2 (CAR) - PONDOK Tel : 021-84995340
Selatan INDAH Fax : 021-84995042
Tel : 021-7415209 Ruko Plaza 5 Pondok Indah
Fax : 021-7406974 Blok C - 6, Jl. Margaguna Raya, BEKASI 2 - TAMBUN
Gandaria Utara, Kebayoran Baru, Ruko Permata Metropolitan
CIPUTAT (CAR) - TANGSEL Jakarta Selatan Blok A3 No. 31-33 Jl. Sultan
Kompleks Ruko Ciputat LOT, Tel : 021-7233336 Hasanudin, Tambun, Bekasi
Jl. Dewi Sartika Kav 22-23, RT 002/ Fax : 021-7233337 Tel : 021-8831881
RW 009, Ciputat, Fax : 021-88366581
Tangerang Selatan
Tel : 021-7415209
Fax : 021-7406974
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BEKASI 3 (CAR) - HARAPAN SERANG - AHMAD YANI CIMANGGIS - DEPOK
INDAH Jl. A. Yani No 157 RT 001/RW 004, Jl. Raya Jakarta Bogor KM 31, RT
Mega Office Park Blok OP.3 Sumur Pucung, Serang 001/RW 005 Cisalak, Sukmajaya,
Nomor 2 jalan Harapan Indah Tel : 0254-209810 Depok
Bulevar , Medan Satria, Bekasi Fax : 0254-209818 Tel : 021-87714727
Tel : 021-88866352 Fax : 021-87714730
Fax : - SERANG 2 (CAR) - AHMAD YANI
Jl. A. Yani No 157 RT 001/RW 004, DEPOK 4 - SAWANGAN
BEKASI 4 - HARAPAN INDAH Sumur Pucung, Serang Jl. Raya Sawangan, RT 01/RW 02,
Mega Office Park Blok OP.3 Tel : 0254-209810 Rangkapan Jaya, Pancoran Mas,
Nomor 2 jalan Harapan Indah Fax : 0254-209818 Depok
Bulevar , Medan Satria, Bekasi Tel : 021-77883737
Tel : 021-88866352 CILEGON - AHMAD YANI Fax : 021-77886259
Fax : - Jl. A. Yani Link Kalang Anyar RT/
RW 006/001, Kedaleman, Cibeber, BOGOR 1 - TAJUR
BEKASI 5 (CAR) - CIKARANG Cilegon Jl. Raya Tajur No. 158 A-C RT 01/
Komp. Ruko Cikarang Square Jl. Tel : 0254-377581 RW 06, Pakuan, Bogor Selatan,
Raya Cikarang-Cibarusah Blok B Fax : 0254 377741 Bogor
No.12, Pasirsari, Cikarang Selatan, Tel : 0251-8390373
Bekasi CILEGON (CAR) - AHMAD YANI Fax : 0251-8384222
Tel : 021-89119762 Jl. A. Yani Link Kalang Anyar RT/
Fax : 021-89119765 RW 006/001, Kedaleman, Cibeber, BOGOR 2 (MOBIL) - TAJUR
Cilegon Jl. Raya Tajur No. 162 D, Pakuan,
TANGERANG - ALAM SUTERA 1 Tel : 0254-377581 Bogor Selatan, Bogor Selatan
Jl. Raya Serpong Km. 7 , Alam Fax : 0254 377741 Tel : 0251-378862
Sutera, BSD, Tangerang Fax : 0251-310543
Tel : 021-53124573 RANGKAS BITUNG - LEBAK
Fax : 021-53124559 Jl. Mutatuli No. 38 A BOGOR 3 - SOLEH ISKANDAR
Rangkasbitung Lebak JL. KH Soleh Iskandar Dinata No
TANGERANG - ALAM SUTERA 2 Banten, Muaraciujung Barat, 476. A RT 004/RW 009, Kedung
(MOBIL) Rangkasbitung, Banten Badak, Tanah Sereal,Bogor
Jl. Raya Serpong Km. 7, Alam Tel : 08121117118 Tel : 0251-8362714
Sutera, BSD, Tangerang Fax : - Fax : 0251 - 8362807
Tel : 021-53124573
Fax : 021-53124559 CILEUNGSI MALL BOGOR - LEUWILIANG
Jl. Raya Narogong Komplek Mall Ruko Cemplang, Jl. Galuga
CIKUPA - CITRA RAYA Cileungsi Blok C14-17, Cileungsi RT 002/RW 006, Ds. Dukuh,
Perumahan Citra Raya, Boulevard Kidul, Cileungsi Cempalang, Cibungbulang,
Raya Citra Raya Blok L 01 / 15 R, Tel : 021-82496928 Bogor
Cikupa, Tangerang Fax : 021-82480306 Tel : 0251-8640084
Tel : 021-59400382 Fax : -
Fax : - CILEUNGSI (CAR) MALL
Jl. Raya Narogong Komplek Mall CIBINONG - BOGOR
CIKUPA (CAR) - CITRA RAYA Cileungsi Blok C14-17, Cileungsi Graha Cibinong Blok C1 no 21-23
Perumahan Citra Raya, Boulevard Kidul, Cileungsi Jl. Raya Jakarta-Bogor Km.43, Ciri
Raya Citra Raya Blok L 01 / 15 R, Tel : 021-82496928 Mekar, Cibinong, Bogor
Cikupa, Tangerang Fax : 021-82480306 Tel : 021-87908409
Tel : 021-59400382 Fax : 021-87908900
Fax : - DEPOK - MARGONDA
Jl. Margonda Raya No. 88 A-C,
PASAR BARU - TANGERANG Kemiri Muka, Beji, Depok
Jl. Mohammad Toha No 14 C Tel : 021-77204222
& 14 D, Gerendeng, Karawaci, Fax : 021-77200022
Tangerang
Tel : 021-5537799 DEPOK 3 (CAR) - MARGONDA
Fax : 021-5537798 Jl. Margonda Raya No. 88 A-C,
Kemiri Muka, Beji, Depok
Tel : 021-77207408
Fax : 021-77207409
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JABODETABEKSER REGION- KELAPA GADING - KALIMALANG LEUWILIANG - PARUNG
SHARIA BUSINESS UNIT Ruko Kalimalang Square, Jl. Raya PANJANG
BRANCH OFFICE Inspeksi Kalimalang No 9, Pondok Jl. Moch, Toha No.23 RT 001/RW
Labu, Durem Sawit, Jakarta Timur 004, Parung Panjang, Parung
JAKARTA 3 (CAR) - TEBET Tel : - Panjang, Bogor, Jawa Barat
Jl. KH Abdullah Syafe’i Fax : - Tel : 021-35299476
No. 50 A-C RT 012/RW 009 Kel. Fax : -
Bukit Duri, Kec. Tebet Jakarta BEKASI - BANTAR GEBANG
Selatan Ruko Narogong Hill No 18 Jl. Raya CIBINONG - GUNUNG PUTRI
Tel : 021-7902829/79187576 Narogong KM 10, Bantargebang, Komp. Ferry Sonneville Blok C.17,
Fax : 021-79191878 Bantargebang, Bekasi, Jawa Tlanjung Udik, Gunung Putri,
Barat Bogor, Jawa Barat
CIPUTAT - TANGSEL Tel : - Tel : -
Kompleks Ruko Ciputat Lot, Fax : - Fax : -
Jl. Dewi Sartika Kav 22-23
RT 002/RW 009, Ciputat, CIKUPA - BALARAJA JABODETABEKSER AREA-
Tangerang Selatan Jl. Raya Sewang RT 003/RW 002, OFFICES OTHER THAN
Tel : 021-7415209 Talangsari, Balaraja, Tangerang, SHARIAH UNIT BRANCH
Fax : 021-7406974 Banten OFFICES
Tel : 022189087935
BEKASI 1 - GRAND MALL Fax : - CIPUTAT - PONDOK LABU
Komplek Grand Mall Blok C No. Jl. RS.Fatmawati Raya No. 14a
9-11, No 1, Jl. Jenderal Sudirman, RANGKAS BITUNG - LABUAN RT 006/RW 010, Pondok Labu,
No.1, Harapan Mulya, Medan Jl. Raya Jendral Sudirman - Cilandak, Jaksel
Satria, Bekasi, Jawa Barat Labuan (depan SPBU 34 422 03), Tel : -
Tel : - Sukamaju, Labuan, Banten Fax : -
Fax : - Tel : -
Fax : - BEKASI - BANTAR GEBANG
SERANG - AHMAD YANI Ruko Narogong Hill No 18
Jl. A. Yani No 157 RT 01/RW 04, RANGKAS BITUNG - Jl. Raya Narogong KM 10, Bantar
Sumur Pecung, Serang, Banten MALINGPING Gebang, Bekasi
Tel : 0254-209810 JL. Raya Malingping - Bayah Kp Tel : -
Fax : 0254-209818 Polotot Tengah Desa Sukaraja, Fax : -
Malingping, Lebak, Banten
SERANG - AHMAD YANI II Tel : - BOGOR 1 - LIDO
Jl. A. Yani No 157 RT 01/RW 04, Fax : - Kp. Tambakan Jl. Raya Danau
Sumur Pecung, Serang, Banten Lido RT 002/RW 001, Wates Jaya,
Tel : 0254-209810 CILEUNGSI - JONGGOL Cibongbong, Bogor
Fax : 0254-209818 Jl. Raya Jonggol No.9 RT 003/RW Tel : -
011, Jonggol, Bogor Fax : -
BOGOR 1 - TAJUR Tel : -
Jl. Raya Tajur No. 158 A-C RT 01/ Fax : - JABAR REGION-
RW 06, Pakuan, Bogor Selatan, BRANCH OFFICE
Bogor BOGOR 1 - LIDO
Tel : 0251-390372 Kp. Tambakan Jl. Raya Danau BANDUNG - SOEKARNO HATTA
Fax : 0251-384222 Lido RT 002/RW 001, Wates Jaya, Jl. Soekarno Hatta No. 380,
Cibongbong, Bogor Situsaeur, Bojong Loa Kidul,
JABODETABEKSER REGION- Tel : - Bandung
OFFICES OTHER THAN Fax : - Tel : 022-5210766
BRANCH OFFICES Fax : 022-5210796
BOGOR 3 - PARUNG
CIPUTAT - PONDOK LABU Jl. Raya Kampung Jati RT 002/RW BALEENDAH - JAKSANARANATA
Jl. RS.Fatmawati Raya No. 14A, 006, Parung, Parung Kuda, Bogor Jl. Jaksanaranta No. 7 RT 03/RW
RT 006/RW 010, Pondok Labu, Tel : - 15, Baleendah, Kab. Bandung
Cilandak, Jakarta Selatan Fax : - Tel : 022-88882452
Tel : - Fax : 022-88882594
Fax : -
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
BANDUNG (CAR) - PETA KARAWANG (CAR) - KERTABUMI SUKABUMI - PABUARAN
Jl. Peta No.156 RT 01/RW 04, Jl. Kerta Bumi No 29 E - F, RT 003/ Jl. Surya Kencana No. D5 - D6 RT
Sukaasih, Bojongloa Kaler, RW 009, Nagasari, 003/RW 001, Gunung Parang,
Bandung Karawang Barat, Karawang, Jawa Cikole, Sukabumi
Tel : 022-6046331 Barat Tel : 0266-215366
Fax : 022-6046327 Tel : 0267-411512 Fax : 0266-217203
Fax : 0267-400274
CIMAHI - NGRAMPAH CIANJUR - JUANDA
Jl. Gadobangkong No. 94, RT 02/ CIKAMPEK - PURWAKARTA Jalan. Ir.H. Juanda No. 19B &
RW 03, Ngrampah, Cimahi. Jl. Veteran Blok Cihideung No. 19C, RT 01/RW 13, Pamayoman,
Tel : 022-6632500 77, RT 05/RW 02, Ciseureuh, Cianjur, Jawa Barat
Fax : 022-6632530 Purwakarta Tel : 0263-282723
Tel : 0264-231515 Fax : 0263-282726
BANDUNG - UJUNG BERUNG Fax : 0264-231516
Komp. Tritanpoint Bandung JABAR REGION-
Jl. AH Nasution No.B3-19 & TASIKMALAYA - JUANDA SHARIA BUSINESS UNIT
B3-20,Cipadung Wetan, Ujung Komp. Ruko TFT BRANCH OFFICE
Berung, Bandung, Jawa Barat Jl. Ir. H. Juanda No. 18, RT 001/RW
Tel : 022-7218491 004, Linggajaya, Mangkubumi, BANDUNG (CAR) - PETA
Fax : 022-7216250 Tasikmalaya Jl. Peta No.156 RT 01/RW 04,
Tel : - Sukaasih, Bojongloa Kaler,
BANDUNG 6 - PUNGKUR Fax : - Bandung
Jl. Pungkur No. 117 Tel : 022-6046331
RT 006/RW 005, Balonggede, GARUT - CIKURAY Fax : 022-6046327
Regol, Bandung Jl. Cikuray No. 66
Tel : 022 - 4241001 RT 004/RW 002, Regol, Garut BANDUNG - UJUNG BERUNG
Fax : 022 - 4221982 Kota, Jawa Barat Komp. Tritanpoint Bandung, Jl.
Tel : 0262-240882 AH Nasution No. B3-19 & B3-20,
SUMEDANG - MAYOR Fax : 0262-243307 Cipadung Wetan, Ujung Berung,
ABDURAHMAN Bandung
Jl. Mayor, Abdurrachman BANJAR - DIDI KARTASASMITA Tel : 022-7218491
No. 103, Kotakaler, Sumedang Komp Pertokoan Victoria Plaza, Fax : 022-7216250
Utara, Sumedang, Jawa Barat Jl. Mayjend. Didi Kartasasmita
Tel : 0261-201099 Blok 8 No 3, 5, 6, Banjar Kolot, TASIKMALAYA - JUANDA
Fax : 0261-208256 Banjar, Jawa Barat Komp. Ruko TST
Tel : 0265-745288 Jl. Ir. H. Juanda No. 18 RT/
SUBANG - OTTO ISKANDAR Fax : 0265-745290 RW: 001/004, Linggajaya,
Jl. Otto Iskandardinata No 103, RT Mangkubumi, Tasikmalaya
40/RW 10, karanganyar, Subang, CIREBON - WAHIDIN Tel : -
Jawa Barat Jl. Dr. Wahidin Sudirohusodo Fax : -
Tel : 0260-421172 No. 63 RT 01/RW 01, Sukapura,
Fax : 0260-421167 Kejaksan, Cirebon CIREBON - WAHIDIN
Tel : 0231-230750 Jl. Dr. Wahidin Sudirohusodo
PAMANUKAN - SUBANG Fax : 0231-225672 No. 63 RT 01/RW 0, Sukapura,
Jl. Raya Eyangtirtapraja No. 45 Kejaksan, Cirebon
RT 02/RW 08, Desa Pamanukan MAJALENGKA - ABDUL HALIM Tel : 0231-230750
Kota, Pamanukan, Subang, Jawa Ruko Taman Hana Sakura Jl. Raya Fax : 0231-225672
Barat Cigasong Jatiwangi, Cicenang,
Tel : 0260-555070 Majalengka JABAR REGION-
Fax : 0260-555066 Tel : 0233-281223 OFFICES OTHER THAN
Fax : 0233-8285130 BRANCH OFFICES
KARAWANG - KERTABUMI
Jl. Kerta Bumi No 29 E - F, RT 003/ JATIBARANG - WIDASARI BANDUNG - MAJALAYA
RW 009, Nagasari, Karawang Jl. Raya Bangkaloa Ilir No. 25, Jl. Raya Majalaya - Cicalengka
Barat, Karawang Jatibarang, Bengkaloa, Widasari, Kp. Sukasari RT 001/RW 014,
Tel : 0267-411511 Indramayu Mekarpawitan, Paseh, Bandung
Fax : 0267-400274 Tel : 0234-5357330 Tel : 022-85962066
Fax : 0234-353300 Fax : 022-85962067
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SUMEDANG - TANJUNG SARI BANJAR - CIAMIS JABAR REGION-
Perumahan Babakan Jati Permai, Jl. Mr. Iwa Kusumasomantri, No. OFFICES OTHER THAN
Jl. Tanjung Sari No. 154, RT 02/ 20B, Kertasari, Ciamis SHARIAH UNIT BRANCH
RW 06, Jatisari, Tanjung Sari, Tel : 0265-772505 OFFICES
Sumedang Fax : 0265-2751632
Tel : 022-7914290 TASIKMALAYA - SINGAPARNA
Fax : 022-7914296 BANJAR - PANGANDARAN Kp. Babakan Cianda RT 01/
Jl. Raya Babakan Dusun Rw 012, Desa Cilampung Hilir,
KARAWANG - Karanggedang, RT 03/RW 04 Padakembang, Tasikmalaya
RENGASDENGKLOK Babakan, Pangandaran Tel : 0265-545770
Jl. Raya Rengasdengklok Tel : 0265-631585 Fax : 0265-545783
RT 009/RW 003, Amansari, Fax : 0265-631584
Rengasdengklok, Karawang TASIKMALAYA - KARANG
Tel : 0267-8485191 CIREBON - CILEDUG NUNGGAL
Fax : 0267-8485207 Jl. Pangeran Walasungsang No. Jl. Raya Karangnunggal,
137, RT 001/RW 001, Jatiseeng, RT 01/RW 07, Karangnunggal,
PURWAKARTA - CIKAMPEK Ciledug, Cirebon Tasikmalaya
Jl. Ir. H. Djuanda No. 89 C, Kp Tel : 0231-663709 Tel : 0265-580469
Sukaseuri, RT 005/RW 002, Fax : 0231-663712 Fax : -
Sarimulya, Kotabaru, Karawang
Tel : 0264-4304703 MAJALENGKA - KUNINGAN CIREBON - CILEDUG
Fax : 0264-304580 Jl. Pramuka No. 38, RT 007/RW Jl. Pangeran Walasungsang
003, Purnawirangun No. 137, RT 01/RW 01, Jatiseeng,
TASIKMALAYA - SINGAPARNA Kuningan Ciledug, Cirebon
Kp. Babakan Cianda RT 01/RW Tel : 0232-8881980 Tel : 0231-663709
012, Ds. Cilampung Hilir Fax : 0232-8882154 Fax : 0231-663712
Padakembang, Tasikmalaya
Tel : 0265-545770 JATIBARANG - PATROL JATENG REGION-
Fax : 0265-545783 Jl. Raya Patrol RT 004/RW 003 BRANCH OFFICE
(Depan Kantor Kecamatan
TASIKMALAYA - KARANG Patrol - Indramayu), Patrol, Sukra, SEMARANG I - MT HARYONO
NUNGGAL Indramayu Jl. MT. Haryono 657 A
Jl. Raya Karangnunggal RT 01/RW Tel : 0234-612816 Wonodri, Semarang Selatan,
07, Karangnunggal, Tasikmalaya Fax : 0234-612817 Semarang
Tel : 0265-580469 Tel : 024-8318866
Fax : - SUKABUMI - PELABUHAN RATU Fax : 024-8416800
Jl. Jend. Sudirman No. 99,
GARUT - CIKAJANG Citepus, Pelabuhan Ratu, Jawa SEMARANG 2 (CAR) - MT
Jl. Raya Cikajang Kp. Cibodas RT Barat HARYONO
001/RW 005, Cibodas, Cikajang, Tel : 0266-434190 Jl. MT. Haryono 657 A Lantai 3,
Garut Fax : 0266- 435246 Wonodri, Semarang Selatan
Tel : 0262-577628 Tel : 024-8318866
Fax : - SUKABUMI - CICURUG Fax : 024-8416800
Kp. Leuwi Orok, RT 09/RW 04
GARUT - PAMEUNGPEUK Sundawenang, KENDAL - SOEKARNO HATTA
Jl. Cigodeg RT 01/RW 02, Paas, Parung Kuda, Sukabumi Jl. Soekarno Hatta 346
Pameungpeuk, Garut Tel : 0266-654144 RT 003/RW 003, Pekauman,
Tel : - Fax : 0266-6541449 Kendal
Fax : - Tel : 0294-571013
CIANJUR - TANGGEUNG Fax : -
GARUT - LIMBANGAN Wangunjaya Tanggeung RT 05/
Jl. Raya Limbangan Kp. Lio Barat, RW 01, Margaluyu, Tanggeung, SALATIGA - OSAMALIKI
RT 01/RW 07, Limbangan Barat, Cianjur Jl. Osamiliki RT 01/RW 03 No.
Blubur Limbangan Tel : 0263-363862 34, Mangunsari, Kota Salatiga,
Tel : 0262-438117 Fax : 0263-363863 Salatiga
Fax : - Tel : 0298-3429111
Fax : 0298-321902
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
SEMARANG 3 - SOEKARNO SOLO - SOLO BARU YOGYAKARTA - TEGALREJO
HATTA Jl. Raya Solo Permai JA No. 7-9, Jl. Jend. Sudirman No.42,
Jl. Supriyadi No. 27, RT 01/RW 08, Solo Baru, Grogol Gowongan, Jetis, Yogyakarta
Kalicari, Pedurungan, Semarang Tel : 0271-626626 Tel : 0274-555007
Tel : 024-76729339 Fax : 0271-626623 Fax : -
Fax : 024-76729199
SRAGEN - SUKOWATI JATENG REGION-
KUDUS - SUDIRMAN SQUARE Jl. Raya Sukowati, No. 412, Sragen OFFICES OTHER THAN
Komp. Sudirman Square Jl. Wetan, Sragen BRANCH OFFICES
Sudirman RT 03/RW 01, Rendeng, Tel : 0271 894646
Kudus Kota. Fax : 0271-890913 KENDAL - BOJA
Tel : 0291-441442 Jl. Tambora RT 005/RW 003,
Fax : 0291-444390 KLATEN - PEMUDA UTARA Tamping, Boja, Kendal
Jl. Pemuda Utara, Tel : 0294-571980
PATI - KYAI SALEH No. 113, Bareng, Klaten Tengah Fax : -
Jl. Kyai Saleh No. 31 Tel : 0272-322561
RT 006/RW 002, Pati Lor, Pati Fax : 0272-322546 SALATIGA - UNGARAN
Tel : 0295-386400 Jl. Muh. Yamin No. 10
Fax : 0295-381972 YOGYAKARTA 1 - TEGALREJO Bandarjo, Ungaran Timur,
Jl. Jend. Sudirman No.42, Semarang
PURWODADI - AHMAD YANI Gowongan, Jetis, Yogyakarta Tel : 024-6927039
Jl. Ahmad Yani, No. 374 Tel : 0274-555007 Fax : -
(Lingkungan Nglejok), Kuripan, Fax : 0274-555062
Purwodadi SALATIGA - AMBARAWA
Tel : 0292-423884 YOGYAKARTA 2 - UMBUL HARJO Jl. Dr. Cipto No.18 RT/RW
Fax : 0292-425028 Jl. IPDA TUT Harsono 01/05, Ambarawa, Ambarawa,
No. 55A, Umbul Harjo Semarang
TEGAL - JEND SUDIRMAN Cangkringan, Yogyakarta Tel : 0298-3533000
Jl. Jend. Sudirman No. 23/25 RT Tel : 0274-563131 Fax : -
001/RW 004, Randugunting, Fax : 0274-563061
Tegal Selatan, Tegal SEMARANG 3 - DEMAK
Tel : 0283-322383 MAGELANG - AHMAD YANI Jl. Sultan Hadiwijaya RT 05/RW 01,
Fax : 0283-320714 Jl. Ahmad Yani No. 40 Mangunjiwan, Demak, Semarang
Kedungsari, Magelang Utara Tel : 0291-682087
PEKALONGAN - KH MANSUR Tel : 0293- 363021 Fax : 0291-685699
Jl. KH. Mansur 108 Fax : 0293- 361246
Kel Bendan, Pekalongan KUDUS - JEPARA
Tel : 0285-434681 JATENG REGION- Jl. Pemuda, No. 10 A, RT 03/RW
Fax : 0285-431096 SHARIA BUSINESS UNIT 07, Panggang, Jepara
BRANCH OFFICE Tel : 0291-598628
PURWOKERTO - JEND Fax : 0291-598659
SUDIRMAN SEMARANG I - MT HARYONO
JL. Jendral Sudirman, No.699, RT Jl. MT. Haryono 657 A PATI - REMBANG
003/RW 008, purwokerto Wetan, Wonodri, Semarang Selatan, Jl. P Sudirman No. 163
Kab. Banyumas Semarang RT 01/RW 03, Kabongan Lor,
Tel : 0281-626028 Tel : 024-8318866 Rembang
Fax : 0281-626030 Fax : 024-8416800 Tel : 0295-6997093
Fax : -
BANJARNEGARA - STADION TEGAL - JEND SUDIRMAN
JL. Stadion No. 03, Jl. Jend. Sudirman, No. 23/25, PURWODADI - BLORA
Parakancanggah, Banjarnegara RT 001/RW 004, Randugunting, Jl. Gatot Subroto No. 76 RT 002/
Tel : 0286-5985920 Tegal Selatan, Tegal RW 003, Blora, Blora
Fax : 0286-5985921 Tel : 0283-322383 Tel : 0296-532875
Fax : 0283-320714 Fax : 0296-531607
CILACAP - PERINTIS
KEMERDEKAAN SOLO BARU - SOLO PURWODADI - GUBUG
Jl. Perintis Kemerdekaan, RT 01/ Jl. Raya Solo Permai JA No. 7-9 Jl. A. Yani, RT 05/RW 04, Gubug,
RW 04, Kebonmanis Solo Baru, Grogol, Grogol, Solo Grobogan, Jawa Tengah
Cilacap Utara, Cilacap Tel : 0271-626626 Tel : 0292-5135892
Tel : 0282-548777 Fax : 0271-626622 Fax : 0292-5135891
Fax : 0282-548133
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TEGAL - BUMIAYU KLATEN - BOYOLALI JATIM REGION-
Jl. P. Diponegoro No. 72 RT/RW Jl. Kates No. 2, Siswodipuran, BRANCH OFFICE
001/06, Bumiayu, Brebes Boyolali
Tel : 0289-432599 Tel : 0276-323038 SURABAYA 1 - MARGOREJO
Fax : 0289-432399 Fax : - Jl. Margorejo 63 A - B, Ruko
Margo Indah Shop House,
TEGAL - KETANGGUNGAN YOGYAKARTA 2 - WONOSARI Margorejo, Wonocolo, Surabaya
Komp. Perdagangan di Jalan Jl. KH. Agus Salim, No. 71, Kepek, Tel : 031 - 8475288
Utama, Jl. RA. Kartini 003 / 001, Wonosari, Kab. Gunung Kidul Fax : 031 - 8495477
Ketanggungan, Brebes Tel : 0274-393382
Tel : 0283-881511 Fax : 0274-393383 PAMEKASAN - PINTU GERBANG
Fax : 0283-881513 Jl. Pintu Gerbang, No. 21, RT 02/
MAGELANG - TEMANGGUNG RW 03, Bugih, Pamekasan
PEKALONGAN - PEMALANG Jl. Jend. Sudirman Tel : 0324-325383
Jl. Jend. Sudirman timur, No. No. 172,Kowanga, Temanggung Fax : 0324-325861
63 RT 002/RW 006, Wanareja Tel : 0293-493511
Selatan, Taman, Pemalang Fax : 0293-493083 SURABAYA 2 - IR SOEKARNO
Tel : 0284-325695 Ruko Icon 21 Blok S10-11, Jalan Dr.
Fax : 0284-324138 MAGELANG - PURWOREJO Ir. H. Soekarno 001/001,
Jl. A. Yani, No. 25 A, Tel : 031-5049898
PURWOKERTO - PURBALINGGA RT 05/RW 12, Purworejo Fax : 031-5046633
Jl. MT Haryono No. 20, Tel : 0275-322500
Purbalingga Kulon, Purbalingga Fax : 0275-325075 SURABAYA 3 (CAR) - KAYON
Tel : 0281-894414 Jl. Kayon No. 2 C-D RT 1/RW 5, Kel.
Fax : 0281-892967 MAGELANG - MUNTILAN Embong Kaliasin, Surabaya
Komp. Munsen Kav A-2 Jl. Tel : 031-5318640
BANJARNEGARA - WONOSOBO Tambakan, Temanggung, Fax : 031-5318658
Jl. RSUD, No. 2, Kp. Sedeng Kulon, Muntilan, Magelang
RT 13/RW 04, Wonosobo Barat, Tel : - SURABAYA 4
Wonosobo Fax : - Ruko Satelite Town Square Blok
Tel : 0286-3326191 B 16-18 Jl. Sukomanunggal,
Fax : 0286-322871 JATENG REGION- Surabaya
OFFICES OTHER THAN Tel : 031-7322000
CILACAP - MAJENANG BRANCH OFFICES OF Fax : 0317-324064
Pasar Majenang, SHARIA BUSINESS UNITS
Jl. Matahari, RT 005/RW 006, SIDOARJO - HANG TUAH
Sindangsari, Majenang, Cilacap TEGAL - BUMIAYU Jl. Hang Tuah No. 2
Tel : 0280-623796 Jl. P. Diponegoro No. 72 RT 001/ RT 007/RW 002,
Fax : - RW 006, Bumiayu, Brebes Sidomekti, Sidoarjo
Tel : 0289-432899 Tel : 031-8921416
CILACAP - KEBUMEN Fax : 0289-432399 Fax : 031-8921221
Jl. HM. Sarbini No.13
RT 06/RW 02, Bumirejo, TEGAL - KETANGGUNGAN GRESIK - KARTINI
Kebumen Komp. Perdagangan di Jalan Ruko Building Kartini Jl. R.A.
Tel : 0287-385624 Utama, Jl. RA. Kartini 003 / 001, Kartini No. 236/A1, Sidomoro,
Fax : - Ketanggungan, Brebes Kebomas
Tel : 0283-881551 Tel : 031-3987726
SOLO - WONOGIRI Fax : 0283-881513 Fax : 031-3990461
Jl. A. Yani 172 RT 001/RW 002,
Kerdukepik, Giripurwo, Wonogiri SOLO - WONOGIRI TUBAN - LUKMAN HAKIM
Tel : 0273-323588 Jl. A. Yani 172 RT 001/RW 002, Jl. Lukman Hakim No. 43, RT 003/
Fax : 0273-323926 Kerdukepik, Giripurwo, Wonogiri RW 004 Tuban
Tel : 0273-323588 Tel : 0356-333066
SRAGEN - KARANG ANYAR Fax : 0273-323926 Fax : 0356-332442
Jl. Lawu No. 31 Karangpandan,
Karang Anyar, Jawa Tengah BOJONEGORO - VETERAN
Tel : 0271-495911 Jl. Veteran, No. 188, RT 038/RW
Fax : 0271-495898 006, Desa Sukorejo, Bojonegoro
Tel : -
Fax : -
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and Analysis Responsibility
MOJOKERTO - YOS SUDARSO TULUNGAGUNG - HASANUDIN SURABAYA 2 - IR. SOEKARNO
Jl. Yos Sudarso No. 29-35 Komp. Panglima Sudirman Trade Ruko Icon 21 Blok S10-11, Jl.
Mojokerto, Mentikan, Prajurit Centre Blok B5-7 Jl. S. Hasanudin, Dr. Ir. H. Soekarno 001/001,
Kulon, Mojokerto Kenayan, Tulungagung Klampisngasem, Sukolilo,
Tel : 0321-330393 Tel : 0355-336270 Surabaya
Fax : 0321-325842 Fax : 0355-337002 Tel : 031-5049898
Fax : 031-5046633
JEMBER - GAJAH MADA BLITAR - MELATI
Jl. Gajah Mada No. 229, RT 004/ Jl. Raya Melati No. 1, Ruko A - D JEMBER - GAJAH MADA
RW 002, Kel. Kaliwates, Jember (Simpang Melati Veteran), Jl. Gajah Mada No. 229, RT 004/
Tel : 0331-424666 Kepanjen Kidul, Blitar RW 002, Kel. Kaliwates, Jember
Fax : - Tel : 0342-816178 Tel : 0331-424666
Fax : 0342-816179 Fax : -
SITUBONDO - BASUKI RAHMAT
Jl. Basuki Rahmat, No. 128, MALANG 1 - JA. SUPRAPTO KEDIRI - ERLANGGA
Mimbaan, Panji, Situbondo Jl. Jaksa Agung Suprapto Jl. Erlangga 39 RT 002/RW 010,
Tel : 0338-670730 No. 56, Claket Klojen, Malang Banjaran,Kediri Kota, Kediri
Fax : 0338-679980 Tel : 0341-364646 Tel : 0354-690533
Fax : 0341-364616 Fax : -
PROBOLINGGO - GATOT
SUBROTO MALANG 2 - TUMENGGUNG PASURUAN - SOEKARNO HATTA
Jl. Gatot Subroto, No. 65 - 67, SURYO Jl. Soekarno Hatta Pasuruan No.
Probolinggo, RT 01/RW 03, Jl. R Tumenggung Suryo 30 A dan 9A, Gadingrejo, Pasuruan
Mangunharjo, Mayangan, B, Bunulrejo, Blimbing, Malang Tel : 0343-431534
Probolinggo Tel : 0341-579901 Fax : 0343-411807
Tel : 0335-432200 Fax : 0341-579902
Fax : - JATIM REGION-
KEPANJEN - AHMAD YANI OFFICES OTHER THAN
BANYUWANGI - S. PARMAN Jl. Ahmad Yani No. 04 Kavling D1- BRANCH OFFICES
Jl. S. Parman, No. 33, D4, RT/RW: 04B/02, Kel. Ardirejo,
Komp. Perkantoran Gardenia Kepanjen, Malang PAMEKASAN - SUMENEP
Estate Kav. 5,6,7, Pakis, Tel : 0341-393844 Jl. Pahlawan No. 28, Pamolokan,
Banyuwangi Fax : 0341-391686 Sumenep
Tel : 0333-411589 Tel : 032-86760086
Fax : 0333-414163 PASURUAN - SOEKARNO HATTA Fax : 032-86760085
Jl. Soekarno Hatta Pasuruan no 9
KEDIRI - ERLANGGA A, Gadingrejo, Pasuruan PAMEKASAN - SAMPANG
Jl. Erlangga 39, RT 002/RW 010, Tel : 0343-431534 Jl. Diponogoro RT/RW 03/03
Banjaran, Kediri Kota, Kediri Fax : 0343-411807 Banyuanyar, Sampang
Tel : 0354-690533 Tel : -
Fax : - JATIM REGION- Fax : -
SHARIA BUSINESS UNIT
MADIUN - AGUS SALIM BRANCH OFFICE SURABAYA 2 - BANGKALAN
Jl. H Salim No. 176, RT 18/RW 05, Jl. R. E. Martadinata No. 28,
Nambahan Lor, Mangunhardjo, PAMEKASAN - PINTU GERBANG Mlajah, Bangkalan
Madiun Jl. Pintu Gerbang No. 21, RT 02/ Tel : 031-51161788
Tel : 0351 - 493101 RW 03, Bugih, Pamekasan Fax : 031-51161755
Fax : 0351 - 493105 Tel : 0324-325383
Fax : 0324-325861 GRESIK - LAMONGAN
PONOROGO - JEND. SUDIRMAN Ruko Lamongan Trade Center
Jl. Panglima Besar Sudirman, No. Blok B 9-10, Jl. Sunan Giri,
55, Mangkujayan, Ponorogo Tumenggungan, Lamongan
Tel : 0352-489241 Tel : 0322-324834
Fax : 0352-462340 Fax : 0322-324856
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MOJOKERTO - MOJOSARI PONOROGO - PACITAN PASURUAN - PANDAAN
Komp Ruko Royal RE-2, Jl. Jl. Panglima Sudirman No. 151 Jl. Raya Kalitengah No. 11, RT 006/
Airlangga, Seduri, Mojosari, RT 02/RW 01, Baleharjo, Pacitan, RW 005, Karangjati, Pandaan,
Mojokerto Pacitan Pasuruan
Tel : 0321-595838 Tel : 0357-885151 Tel : 0343-636323
Fax : 0321-593263 Fax : - Fax : 0343-634040
MOJOKERTO - JOMBANG TULUNGAGUNG - TRENGGALEK SURABAYA 2 - BANGKALAN
Jl. Soekarno Hatta, No. 3, Jl. Soekarno-Hatta Komplek Jl. R. E. Martadinata No. 28,
Komp. Ruko Cempaka Mas Ruko Hayam Wuruk No. A2-A3 Mlajah, Bangkalan
Blok A, No. 19-20, Kepuh Trenggalek, Ngatru, Trenggalek Tel : 031-51161788
Kembeng,Peterongan, Jombang Tel : 0334-891562 Fax : 031-51161755
Tel : 0321-871564 Fax : -
Fax : - SUMBAGUT REGION -
BLITAR - WLINGI BRANCH OFFICE
JEMBER - BALUNG Jl. Panglima Sudirman (Samping
Jl. Rambipuji, No. 120 Balung Lor, Laboratorium Kartika), RT 01/RW MEDAN 1 - RING ROAD
Balung, Jember 05, Beru, Wlingi, Blitar Komplek OCBC, No. 08,9,10,11, JL.
Tel : 0336-621666 Tel : 0334-891562 Ringroad Setiabudi II, Sunggal,
Fax : - Fax : - Medan Sunggal
Tel : 061-4519991
SITUBONDO - BONDOWOSO PASURUAN - PANDAAN Fax : 061-4516915
Ruko Crown Plaza, Wahid Hasyim Jl. Raya Kalitengah No. 11 RT 6/5,
168, Blindungan, Bondowoso Karangjati, Pandaan, Pasuruan MEDAN 2 (CAR) - RING ROAD
Tel : 0332-423135 Tel : 0343-636323 Komplek OCBC, No. 08,9,10,11, JL.
Fax : 0332-432673 Fax : 0343-634040 Ringroad Setiabudi II, Sunggal,
Medan Sunggal
PROBOLINGGO - LUMAJANG JATIM REGION- Tel : 061-4519991
Jl. Wachid Hasyim No. 80 OFFICES OTHER THAN Fax : 061-4516915
Citrodiwangsan Lumajang, BRANCH OFFICES OF
Tompokkersan, Lumajang, SHARIA BUSINESS UNITS MEDAN 3 - TITI KUNING
Lumajang Jl. Abdul Haris Nasution, No. 88D,
Tel : 0334-891562 PAMEKASAN - SUMENEP Titi Kuning, Medan Johor, Medan
Fax : - Jl. Pahlawan No. 28, Tel : 061-7873629
Pamolokan, Sumenep Fax : 061- 7873638
BANYUWANGI - GENTENG Tel : 032-86760086
Jl. Gajah Mada, No. 281-287, Fax : 032-86760085 TEBINGTINGGI - A YANI
Dusun Krajan, RT 001/RW Jl. Ahmad Yani, No. 200 A - C,
005, Genteng Kulon, Genteng, PAMEKASAN - SAMPANG Mandailing Natal, Padang Hulu,
Banyuwangi Jl. Diponogoro RT 03/RW 03 Tebing Tinggi
Tel : 0333-842346 Banyuanyar, Sampang Tel : 0621-328468
Fax : 0333-842198 Tel : - Fax : -
Fax : -
KEDIRI - NGANJUK KISARAN - ABDI SETYA BHAKTI
Jl. Gatot Subroto No. 2B Nganjuk, JEMBER - BALUNG Jl. Abdi Setya Bhakti, Komp.
Kauman, Nganjuk, Nganjuk Jl. Rambipuji No. 120, Balung Lor, Graha Asahan Indah, Blok C,
Tel : 082894064857 Jember, Jawa Timur No. 35 -36, Sei Ranggas, Kisaran
Fax : - Tel : 0336-621666 Barat, Asahan
Fax : - Tel : 0623-348239
MADIUN - NGAWI Fax : 0623-348237
Jl. Yos Sudarso No. 28, KEDIRI - NGANJUK
Margomulyo, Ngawi, Ngawi Jl. Gatot Subroto No. 2b,Kauman, PEMATANG SIANTAR - SANG
Tel : 0351-745522 Nganjuk NAWALUH
Fax : 0351-742178 Tel : 082894064857 Jl. Sang Nawaluh Kompleks,
Fax : - Mega Land Blok AA, No. 18 - 20,
Siopta Suhu, Siantar Timur,
Pematang Siantar
Tel : 0622-24375
Fax : 0622-27386
434 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
RANTAU PRAPAT - MEDAN - MARELAN PADANG SIDEMPUAN - KOIMA
SISINGAMAHARAJA Jl. Marelan Pasar IV, No. 67, Jl. Kapten Koima No. 62A, Wek II,
Jl. Sisingamangaraja No. 38-40, Reggas Pulau, Medan Marelan, Psp Utara, Padang Sidempuan
Aek Tapa, Kel. Bakaran Batu Marelan, Sumut Tel : 0636 - 28908
Tel : 0624-327755 Tel : 061- 6841284 Fax : 0636 - 28906
Fax : 0624-327753 Fax : -
PADANG SIDEMPUAN -
SUMBAGUT REGION- MEDAN - LUBUK PAKAM SIBUHUAN
SHARIA BUSINESS UNIT Jl. Diponegoro No. III, Lubuk Jl. K.H. Dewantara Lingkungan
BRANCH OFFICE Pakam I - II, Deli Serdang, Sumut VI, Pasar Sibuhuan, Barumun,
Tel : 061-7955715 Padang Lawas
BANDA ACEH - TEUKU UMAR Fax : - Tel : 0636 - 421591
JL.Dr. Mr. Moh. Hasan, Batoh, Fax : 0636 - 421421
Leung Bata, Banda Aceh MEDAN - KABANJAHE
Tel : 0651-40181 Jl. Kapten Upah Tendi Sebayang PADANG SIDEMPUAN - NIAS
Fax : 0651-40162 No. 07, RT 005/RW 003, Padang Jl. Diponegoro LK IV No. 269, Illir,
Mas, Kabanjahe, Karo Gunung Sitoli, Nias
LANGSA - AHMAD YANI Tel : 0628-21700 Tel : 0639 - 22216
Jl. A. Yani No 78 (samping Fax : 0628-20900 Fax : -
swalayan senyum), Paya Bujuk
Blang Pase, Langsa Kota, Langsa TEBING TINGGI - SEI RAMPAH PADANG SIDEMPUAN -
Tel : 0641-7444205 Jl. Negara Komplek Ruko Asia PANYAMBUNGAN
Fax : 0641-7444208 Bisnis Centre No. 88 DD, Sei Jl. Willem Iskandar, Pidoli
Rampah, Serdang Begadai Lombang, Mandailing Natal
MEULABOH - JOHAN Tel : 0621-441471 Tel : -
PAHLAWAN Fax : 0621-441471 Fax : -
Jl. Manekroo Simpang Geureutee,
(Samping Warkop Malaka), KISARAN - AEK KANOPAN SUMBAGUT REGION-
Kuta Padang, Johan Pahlawan, Jl. Besar Aek Loba Pekan,Ledong OFFICES OTHER THAN
Meulaboh Barat, Aek Kuasan Asahan BRANCH OFFICES OF
Tel : 0655-7551496 Tel : 0624-92044 SHARIAH BUSINESS UNITS
Fax : 0655-7551495 Fax : 0624-92847
ACEH - LHOKSEUMAWE
MEDAN - RING ROAD PEMATANG SIANTAR - BALIGE JL. Samudera Baru, Simpang
Jl. Gagak Hitam/Komplek OCBC Jl. Sisingamaraja No 158, Empat, Banda Sakti
No A8-A11, Ringroad Setiabudi II, Napitupulu Bagasan, Balige, Toba Tel : -
Kel. Asam Kumbang, Kec. Medan Samosir Fax : -
Selayang, Medan Tel : 0632 - 21565
Tel : 061-4519991 Fax : 0632 - 21555 LHOKSEUMAWE - PHATON LABU
Fax : - JL. Banda Aceh-Medan, Desa
PADANG SIDEMPUAN - GUNUNG Ceumpeudak, Tanah Jumbo Aye,
SUMBAGUT REGION- TUA Aceh Utara
OFFICES OTHER THAN Jl. Lintas Gunung Tua-Padang Tel : 0645- 91647
BRANCH OFFICES Sidempuan Km 2,5, Pasar Fax : -
Gunung Tua, Padang Bolak,
MEDAN - BINJAI Padang Lawas Utara LHOKSEUMAWE - TAKENGON
Jl. Sultan Hasanuddin No. 12A, Tel : 6357-010009 Jl. Bireuen-Takengon, Desa Kebet,
Satria, Binjai Kota, Binjai, Sumut Fax : 0624-495831 Bebesan, Aceh Tengah
Tel : 061-8828880 Tel : 0643- 24546
Fax : 061-8820479 PADANG SIDEMPUAN - KOTA Fax : -
PINANG
MEDAN - TEMBUNG Jl. Bukit No.73A Komp. Ruko ACEH - BIREUN
Komplek Mega City Tembung Baru, Kota Pinang, Kota Pinang, JL. Laksamana Malahayati No. 5,
Blok A20, Desa Bandar Klippa Labuhan Batu Desa Bandar Bireuen, Kota Juang
Percut Sei Tuan, Deli Serdang Tel : 0624-496194 Tel : -
Tel : 061-7381768 Fax : 0624-495831 Fax : -
Fax : 061-7385970
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ACEH - SIGLI SUMBAGTENG REGION- PERAWANG - TUALANG
JL. Prof. A Majid Ibrahim, BRANCH OFFICE Jl. Raya Perawang KM 07 RT.
Gampong Blang Asan, Kota Sigli 002/RW. 003, Perawang Barat,
Tel : - PADANG - THAMRIN Tualang, Siak
Fax : - Jl. Thamrin No. 1, Belakang Tel : 0811-7087-82
Pondok, Padang Selatan, Padang Fax : 0751-841411
LANGSA - IDI Tel : 0751-812235
JL. Medan Banda Aceh Mansur, Fax : 0751-841411 PEKANBARU 2 (MOBIL) -
Gampong Tanah Anou, Idi TAMBUSAI
Rayeuk PADANG 2 (MOBIL) - AGUS Jl. Tuanku Tambusai, Jadirejo,
Tel : - SALIM Sukajadi, Pekanbaru
Fax : - Jl. H Agus Salim, No. 17 C D, RT Tel : 0761-7891465
003/RW 003, Kel. Sawahan, Kec. Fax : 0761 - 7891470
MEULABOH - BLANGPIDI Padang Timur, Kota Padang
JL. Kesehatan, Kuta Tuha, Tel : 0751-7530558 REGAT - SULTAN IBRAHIM
Blangpidie Fax : 0751-7530557 Jl. Sultan Ibrahim RT 017/RW 06,
Tel : - Kel. Kampung Besar, Rengat, Kab.
Fax : - PARIAMAN - JATI Indragiri Hulu
Jl. Sentot Ali Basa (Depan Masjid Tel : 0769-324217
MEULABOH - SUBULUSSALAM Raya Jati Pariaman), Jati Mudik, Fax : 0769-324218
JL. Teuku Umar, Subussalam, Pariaman Tengah, Pariaman,
Simpang Kiri, Nangroe Aceh Tel : 0751-91240 BANGKINANG - M YAMIN
Darussalam Fax : 0751-91280 JL. Prof M Yamin SH RT 03/RW 01,
Tel : - Bangkinang Kota, Kampar
Fax : - PASAMAN - SIMPANG EMPAT Tel : 0676232333237
Jl. Lintang Selatan Empat Fax : -
LANGSA - KUALA SIMPANG Manggopoh Simpang Empat
Jl. Medan, Banda Aceh, Dekat (di samping Simpang Polsek DUMAI - AHMAD YANI
Hotel Moreilisa Pasaman) Lingkungan AUA, Jl. Ahmad Yani RT 17, Ratu Sima,
Tel : - Pasaman Barat, Pasaman, Dumai Selatan, Dumai
Fax : - Pasaman Barat Tel : 0765-36985
Tel : 0753-466383 Fax : 0765-37008
LANGSA - KUTACANE Fax : 0753-466382
JL. Iskandar Muda, Medan BATAM - LAKSANAMA BINTAN
Kutacane SOLOK - PASAR PANDAN Jl. Laksamana Bintan Komplek
Tel : - Jl. Pandan Ujung No. 41, RT 01/ Bintang Mas Blok C No. 2, 3 &
Fax : - RW 01 Pasar Pandan Air, Pasar 3A, Sei Panas, Bukit Jodoh, Batu
Pandan Air Mati, Tanjung Ampar, Batam
MEDAN - MARELAN Harapan, Solok Tel : 0778-492051
Jl. Marelan Pasar IV No. 67, Tel : 0755-21038 Fax : 0778-492045
Rengas Pulau, Medan Marelan Fax : 0755-325150
Tel : 061- 6841284 SUMBAGTENG REGION-
Fax : 061-6857041 AGAM - JAMBU AIR SHARIA UNIT BRANCH
Ruko Panama Jl. Jambu Air KM 2, OFFICE
MEDAN 1 - TEMBUNG No.75 & 77, Banuhampu Sungai
Jl. Besar Tembung Komplek Puar, Agam PADANG - THAMRIN
Mega City Blok A No. 20 Tel : 0752 628836 Jl. Thamrin No. 1, Belakang
Tel : 061-7381768 Fax : 0752 628836 Pondok, Padang Selatan, Padang
Fax : 061-7385970 Tel : -
PEKAN BARU - JENDRAL Fax : -
MEDAN - BINJAI SUDIRMAN
Jl. Gagak Hitam/Komplek OCBC Jl. Jend Sudirman No.121 BUKIT TINGGI - JAMBU AIR
No A8-A11, Ringroad Setiabudi II, Pekanbaru, RT 01/RW 05, Ruko Panama Jl. Jambu Air
Kel. Asam Kumbang, Kec. Medan Wonorejo, Marpoyan Damai, KM 2 No.75 & 77, Taluk IV Saku,
Selayang, Medan Pekanbaru Banuhampu Sungai Puar, Agam
Tel : 061 - 8828880 Tel : 0761-855351 Tel : -
Fax : 061-8820479 Fax : 0761-849000 Fax : -
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
BANGKINANG - TEUKU UMAR BUKIT TINGGI - PAYAKUMBUH RENGAT - AIR MOLEK
JL. Prof M Yamin SH RT 03/ Komp Toyota Intercom Jl. Jend.Sudirman No.69 RT 003/
RW 01 Kel. Bangkinang Payakumbuh, Jl. Sukarno RW 002, Tanjung Gading, Pasir
Kec. Bangkinang Kota, Kab Hatta, No. 1, Pakan Sinayan, Penyu, Indragiri Hulu
Kampar, Kel. Bangkinang, Kec Payakumbuh Barat Tel : 0769-442730
Bangkinang, Kampar Tel : 0752-95460 Fax : 0769-442730
Tel : - Fax : -
Fax : - RENGAT - TEMBILAHAN
PEKANBARU - LIPAT KAIN JL. H. SADRI RT 02/RW 06,
SUMBAGTENG REGION- Komp Toyota Intercom Tembilahan Kota
OFFICES OTHER THAN Payakumbuh, Jl. Sukarno Tel : 0768-21788
BRANCH OFFICES Hatta, No. 1, Pakan Sinayan, Fax : 0768-21757
Payakumbuh Barat
PADANG - AIRHAJI Tel : 0752-95460 BANGKINANG - UJUNG BATU
Jl. Koto Panai, Koto Panai Air Haji, Fax : - ROKAN
Linggo Sari Baganti, Pesisir Jl. Jend. Sudirman Ujung Batu RT
Selatan PERAWANG - PANGKALAN 001/RW 001, Ujung Batu Timur,
Tel : 0757-7344347 KERINCI Ujung Batu, Rokan Hulu, Riau
Fax : 0757-7344350 Jl. Akasia No. 58 E-F (Samping Tel : 0762-62177
Kantor PLN) RT 001/RW 005, Fax : 0762-62177
PARIAMAN - LUBUK ALUNG Pangkalan Kerinci, Pelalawan,
Jl. Raya Padang Bukittinggi, Siak, Riau BANGKINANG - PASIR
Korong Sungai Abang, Lubuk Tel : 0761-493028 PANGARAYAN
Alung, Padang Pariaman Fax : 0761-493057 Jl. Tuanku Tambusai RT 001/RW
Tel : 0751-698389 002 Pasir Putih Timur, Pematang
Fax : - PERAWANG - SIAK Berangan, Rambah, Riau
Jl. Raja Kecik RT 012/RW 04, Tel : -
PASAMAN - UJUNG GADING Kampung Dalam, Siak, Siak, Riau Fax : -
Jl. Flores Jorong Kuamang, Ujung Tel : 0764-320729
Gading, Lembah Melintang, Fax : 0764-320729 BANGKINANG - DALU-DALU
Pasaman Barat Jl. Tuanku Tambusai RT 01/RW
Tel : 0753-470512 PERAWANG - SOREK 01, Dalu-dalu, Tambusai Tengah,
Fax : 0753-470140 Jl. Lintas Timur (samping Planet Rokan Hulu, Riau
Swalayan), Sorek Satu, Pangkalan Tel : -
PASAMAN - LUBUK SIKAPING Kuras Pelalawan, Sorek, Riau Fax : -
Komp. Pasar Lamo, Jl. Sudirman Tel : 0761-492176
No. 241, Durian Tinggi, Lubuk Fax : 0761-492175 BANGKINANG - FLAMBOYAN
Sikaping Jl. Lintas Duri Dumai KM 125
Tel : 0753-321714 PERAWANG - KANDIS (Sebelah Hotel Surya), RT 10/
Fax : - Jl. Raya Pekanbaru - Duri KM 72 RW 3, Tanjung Sawit, Tampung,
RT 001/RW 002, Telaga Sam-sam, Kampar, Riau
SOLOK - SAWAH LUNTO Kandis, Siak, Riau Tel : -
Jl. Lintas Sumatera, Km. 3, Jorong Tel : 0761-598833 Fax : -
Padang, Candi Nagari Sei, Dareh, Fax : 0761-598833
Pulau Punjung Darmasraya DUMAI - DURI
Tel : 0754-451296 RENGAT - TALUK KUANTAN Jl. Lintas Duri Dumai KM 125
Fax : - Jl. Lintas Timur Simpang 4 Belilas, (Sebelah Hotel Surya), RT 10/RW
RT 15/RW 05, Riau 3, Balai Makam, Duri, Riau
SOLOK - KOTO BARU Tel : 0760-20245 Tel : 0765-598404
Jl. Lintas Sumatera, Fax : 0760-20717 Fax : 0765-598403
Pasar Koto Baru, Palo Padang
Koto Baru, Dharmasraya RENGAT - BELILAS DUMAI - BENGKALIS
Tel : 0754-71851 Jl. Lintas Timur Simpang 4 Belilas, Jl. Gatot Subroto RT 01/RW 04,
Fax : - RT 15/RW 05, Pangkasai, Seberida Rimba Sekampung, Bengkalis,
Tel : - Riau
Fax : - Tel : 0766-22561
Fax : 0766-22563
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DUMAI - SELAT PANJANG PADANG - AIRHAJI PANGKAL PINANG - JEND
Jl. Banglas RT 003/RW 003, Selat Koto Panai (Samping Yamaha Air SUDIRMAN
Panang Timur, Riau Haji), Koto Panai Air Haji, Linggo Jl. Jend. Sudirman No. 22 - 23
Tel : - Sari Baganti, Pesisir Selatan (Depan PT. Timah), Taman Bunga,
Fax : - Sumbar Gerunggang, Pangkalpinang,
Tel : 0757-7344347 Bangka Belitung
DUMAI - OMBAK - BAGAN BATU Fax : 0757-7344350 Tel : 0717 438 422
Jl. Jend. Sudirman RT 02/RW 02, Fax : 0717 438 596
Bagan Batu, Riau BUKIT TINGGI - PAYAKUMBUH
Tel : 0765-51777 Komp Toyota Intercom BATU RAJA - OKU
Fax : 0765-552053 Payakumbuh Jl. Sukarno Hatta, Jl. DR. Moh. Hatta Komp.
No 1 Simpang Baku RT 11/RW 05,
BATAM - TANJUNG PINANG Tel : 0752-95460 Komp Simpang Bakung
Jl. Gatot Subroto Km. 5 Bawah Fax : 0752-796718 RT/RW: 011/005
No.4, Bulang, Tanjung Pinang Tel : 0735-322200
Timur, Riau SUMBAGSEL REGION- Fax : 0735-323675
Tel : 0771-314599 BRANCH OFFICE
Fax : - BENGKULU - TENDEAN
JAMBI - HAYAM WURUK Jl. Kapt. Tendean, No. 27A-D RT
SUMBAGTENG REGION- Jl. Hayam Wuruk No. 49 - 51, Payo 004/RW 002, Jembatan Kecil,
OFFICES OTHER THAN Lebar, Jelutung, Jambi Singaraja Pati, Bengkulu
BRANCH OFFICES OF Tel : 0741-27979 Tel : 0736-341732
SHARIAH BUSINESS UNITS Fax : 0741-27979 Fax : 0736-345457
BANGKINANG - PASIR JAMBI 2 (MOBIL) - HAYAM BENGKULU 2 (MOBIL) -
PAGARAYAN WURUK TENDEAN
Jl. Tuanku Tambusai RT 01/RW 02 Jl. Hayam Wuruk No. 49-51, Payo Jl. Kapt. Tendean, No. 27A-D RT
Pasir Putih Timur Lebar, Jelutung, Jambi 004/RW 002, Jembatan Kecil,
Tel : - Tel : 0741-27979 Singaraja Pati, Bengkulu
Fax : - Fax : 0741-27979 Tel : 0736-342478
Fax : 0736-345457
BANGKINANG - DALU-DALU MUARA BUNGO - JEND
Jl. Tuanku Tambusai RT 01/RW SUDIRMAN LAMPUNG - GATOT SUBROTO
01 Pasir Putih Timur, Pematang Jl. Jenderal Sudirman No. 65 RT Jl. Gatot Subroto, No. 99 D-H,
Berangan, Rambah, Kabupaten 002/RW 001, Pasir Putih, Rimbo Tanjung Gading, Kedamaian,
Rokan Hulu Tengah, Bungo Bandar Lampung
Tel : - Tel : 08117452128 Tel : 0721-242293
Fax : - Fax : - Fax : 0721-242295
BANGKINANG - UJUNG BATU PALEMBANG - BASUKI RAHMAT LAMPUNG 2 (MOBIL) - GATOT
ROKAN Jl. Basuki Rahmat, No. 1779 SUBROTO
Jl. Jenderal Sudirman Kampung ABCD, RT 26/RW 10, Pahlawan, Jl. Gatot Subroto, No. 99 D-H,
Baru Bawah, Ujung Batu, Ujung Kemuning, Palembang Tanjung Gading, Kedamaian,
Batu, Rokan Huli, Riau Tel : 0711-310022 Bandar Lampung
Tel : - Fax : 0711-378735 Tel : 0721-242293
Fax : - Fax : 0721-242295
PALEMBANG 3 - VETERAN
BANGKINANG - FLAMBOYAN Kompleks Rajawali, JL. Veteran, BANDAR JAYA - PROKLAMATOR
Jl. Lintas Petapahan, Kota Garo, No. 993,RT 16/RW 05, Ilir Timur, Jl. Proklamator Raya, No. 23,
RT 016/RW 005, Bangkinang Palembang Dusun 5, RT 012/RW 005,
Tel : - Tel : 0711-310511 Bandar Jaya Barat, Terbanggi
Fax : - Fax : 0711-310512 Besar, Lampung Tengah
Tel : 0725-25980
Fax : 0725-25981
438 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
SUMBAGSEL REGION- MUARA BUNGO - BANGKO BATURAJA - BELITANG
SHARIA BUSINESS UNIT Jl. Tiga Jalur Lintas Sumatera Jl. Sudirman RT 003/RW 005,
BRANCH OFFICE RT 010/RW 004, Lingkungan Gumawang, Oku Timur
Permata Permai, Sei Ulak, Nalo Tel : -
JAMBI - HAYAM WURUK Tantum, Marangin, Fax : -
Jl. Hayam Wuruk No. 49 - 51, Payo Tel : 0746-322848
Lebar, Jelutung, Jambi Fax : 0746-322849 BENGKULU 2 - LUBUKLINGGAU
Tel : 0741-27979 Jl. Sultan Mahmud Badaruddin
Fax : 0741-27979 MUARTA BUNGO - II, No. 75, RT 006/RW 00,
SOROLANGUN Margarahayu, Lubuk Linggau
BENGKULU - TENDEAN Jl. Lintas Sumatera, KM 1, Selatan II, Lubuk Linggau
Jl. Kapt. Tendean, No. 27A-D RT Sukasari, Sorlangun, Jambi Tel : -
004/RW 002, Jembatan Kecil, Tel : 0745-91827 Fax : -
Singaraja Pati, Bengkulu Fax : -
Tel : 0736-341732 BENGKULU - ARGA MAKMUR
Fax : 0736-345457 MUARA BUNGO - MUARATEBO Jl. Ir. Soekarno,No. 3 Rama
Jl. Lintas Tebo - Bungo, Km. 3 RT Agung, Kota Argamakmur,
SUMBAGSEL REGION- 01 /RW 05, Tebing Tinggi Bengkulu Utara
OFFICES OTHER THAN Tebo Tengah, Maratebo Tel : 0737-522868
BRANCH OFFICES Tel : 0744-21687 Fax : 0737-522868
Fax : -
JAMBI - MUARA BULIAN BENGKULU - MUKO-MUKO
Jl. Gajah Mada, No. 99 PANGKAL PINANG - BELITUNG Jl. Jend. Sudirman (Sebelah PT
RT 007/RW 002, Rengas Jl. Jend. Sudirman No. 18A, Telkom), Ujung Padang
Condong, Muara Bulian, Jambi Pangkallalang, Tanjung Pandan, Muko-muko Utara, Mukomuko
Tel : 0743-22696 Belitung Tel : -
Fax : - Tel : 0719-24884 Fax :0725-7851034
Fax : 0719-25124
JAMBI - SUNGAI BAHAR METRO - JEND SUDIRMAN
Jl. Poros Unit 1, RT 07/RW 00, PALEMBANG 1 - SEKAYU Jl. Jend. Sudirman, No 76,
Suka Makmur, Sungai Bahar Jl. Kol. Wahid Udin, No. 559 C, RT Imapuro, Metro Pusat, Metro,
Muara Jambi 02 LK 1, Serasan Jaya, Sekayu, Lampung
Tel : 082882030494 Musi Banyuasin Tel : -
Fax : - Tel : 0714-323138 Fax :-
Fax : -
JAMBI - KUALA TUNGKAL LAMPUNG - KALIANDA
Jl. Ki Hajar Dewantara, Tungkal IV PALEMBANG 3 - PRABUMULIH Jl. Kesuma Bangsa, No. 88 A, RT
Kota, Tungkal Ilir, Jambi Ruko Graha Bumi Damai, 002/RW 001, Kalianda, Lampung
Tel : 082882030660 Jl. Jend. Sudirman No. 11-12, Selatan
Fax : - Gunung Ibul Barat, Prabumulih Tel : 0727 - 31602
Timur, Prabumulih Fax : 0727 - 321332
JAMBI - SANGETI Tel : 0713-3300281
Jl. Lintas Timur, RT 08/RW 03, Fax : 0713-3300282 LAMPUNG - KOTA AGUNG
Sengeti, Sekernan Muaro, Jambi Jl. Ahmad Yani, No. 21-22 RT
Tel : 082882031273 BATURAJA - MUARA ENIM 01/RW 02 Pringsewu Timur,
Fax : - Jl. A Yani, No. 19/35B RT 001/RW Pringsewu
001, Pasar 1, Muara Enim Tel : 0722-21117
JAMBI - MERLUNG Tel : 0734-422165 Fax : 0722-21117
Jl. Lintas Timur, RT 001/RW 000, Fax : 0734-421006
Merlung, Tanjung Jabung Barat LAMPUNG - TANJUNG BINTANG
Tel : 082882030058 BATURAJA - LAHAT Jl. Veteran Pasar Tanjung
Fax : - Jl. Kol H. Burlian Blok D Bintang, Jati Baru, Tanjung
(Singpang Blok C), Bandar Jaya Bintang, Lampung Selatan
JAMBI - MUARA SABAK Lahat Tel : 0721-8020346
Jl. Imam Bonjol, RT 001/RW 000, Tel : 0731-324147 Fax : 0721-8020349
Talang Babat, Muara Sabak Barat, Fax : 0731-322431
Tanjung Jabung Timur
Tel : 082882030630
Fax : -
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 439
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BANDAR JAYA - TULANG JAMBI - KUALA TUNGKAL BERAU - PEMUDA
BAWANG Jl. KH Dewantara, RT 15, Tungkal Jl. Pemuda, No. 11, RT 6, Tanjung
Jl. Lintas Timur Sumatera, Komp. Ilir, Tanjung Jabung Barat, Jambi Redeb, Berau
Pasar Unit II, RT 2/RW 2, Tunggal Tel : - Tel : 0811 5450 654
Warga,Banjar Agung,Tulang Fax : - Fax : -
Bawang
Tel : 0726-750122 JAMBI - SANGETI BANJARMASIN - AHMAD YANI
Fax : 0726-750925 Jl. Lintas Timur Sangeti, RT 08, Jl. A. Yani, KM 5,5, RT. 17,
Sangeti, Sekernan, Muaro Jambi Pemurus Luar, Banjarmasin
BANDARJAYA - DAYA MURNI Tel : - Timur
Jl. Daya Asri, No 404 RT 04/ Fax : - Tel : 0511-3270579
RW 02, Daya Murni, Tumi Jajar, Fax : 0511-3274103
Tulang Bawang Barat JAMBI - MERLUNG
Tel : 0724-351425 Jl. Lintas Timur, RT 001/RW 000, MARTAPURA - AHMAD YANI
Fax : 0724-351465 Merlung, Tanjung Jabung Barat, Jl. A. Yani KM 37 (Samping SPBU
Jambi Batas Kota Martapura)
METRO - WAY JEPARA Tel : - Sungai Pering, Martapura
Pasar Sribhawono, Fax :- Tel : 0511-4773008
Jl. Simpang Sribhawono, RT 036/ Fax : 0511-4782475
RW 006, Sri Menanti, Bandar JAMBI - MUARA SABAK
Sribhawono, Lampung Timur Jl. Imam Bonjol, RT 001/RW 001, PALANGKARAYA - LANGKAI
Tel : 0725-660567 Talang Babat, Muara Sabak Barat, Jl. RTA. Milono, Km. 4,3, RT 04/
Fax : - Tanjung Jabung Timur, Jambi RW 13, Langkai, Pahandut, Kota
Tel : - Palangkaraya
SUMBAGSEL REGION- Fax : - Tel : 0536-3223701
OFFICES OTHER THAN Fax : -
BRANCH OFFICES OF KALIMANTAN REGION-
SHARIA BUSINESS UNITS BRANCH OFFICE SAMPIT - AHMAD YANI
Jl. Ahmad Yani, No. 155A (Depan
BENGKULU - ARGAMAKMUR SAMARINDA - AHMAD YANI SDN 6), Mentawa Baru Hulu,
Jl. Ir Soekarno Nomor 3, Rama Jl. Ahmad Yani, No. 3A-B, Sei/ Ketapang, Sampit
Agung, Arga Makmur Sungai Pinang Dalam, Sungai Tel : 0531-32187
Tel : - Pinang, Samarinda Fax : -
Fax : - Tel : 0541-742734
Fax : 0541-738607 PANGKALAN BUN - PASANAH
BENGKULU - MUKO-MUKO Jl. Pasanah No. 04, RT 23
JL. Ujung Padang, Ujung Padang SAMARINDA 2 (MOBIL) - AHMAD Madurejo, Arut selatan,
Kota, Mukomuko YANI Pangkalan Bun
Tel : - Jl. Ahmad Yani, No. 3A-B, Sei/ Tel : 0532-2030367
Fax : - Sungai Pinang Dalam, Sungai Fax : 0532-2030366
Pinang, Samarinda
JAMBI - MUARA BULIAN Tel : 0541-742734 BARABAI - MURAKARTA
Jl. Gajah Mada, RT 007/RW 002, Fax : 0541-738607 Jl. Murakata, RT 06/RW 11, Bukat,
Rengas Condong, Muara Bullan, Barabai - Hulu Sungai Tengah,
Batang Hari, Jambi BALIKPAPAN - JENDERAL Barabai
Tel : - SUDIRMAN Tel : 0517-43738
Fax : - Jl. Jend. Sudirman, No. 287, Fax : 0517-44422
Damai, Balikpapan Selatan,
JAMBI - SUNGAI BAHAR Balikpapan TANJUNG - PHM NOOR
Jl. Gajah Mada No. 99 RT 07/ Tel : 0542-744870 Jl. Ir. PHM Noor, RT 05/RW
RW 02, Rengas Condong, Muara Fax : 0542-744890 02, Mabu’un, Murung Pudak,
Bulian, Jambi Tabalong-Tanjung, Kalimantan
Tel : - TARAKAN - MULAWARMAN Selatan
Fax : - Jl. Mulawarman, RT 41, Karang Tel : 0526-2022994
Anyar, Tarakan Barat Tarakan Fax : 0526-202995
Tel : 0551-35999
Fax : 0551-35600
440 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
BATULICIN - KAMPUNG BARU KALIMANTAN REGION- BANJARMASIN - KAPUAS
Jl. Transmigrasi, RT 012, Kampung OFFICES OTHER THAN Jl. Cilik Riwut, No. 1, RT 19, Selat
Baru, Simpang Empat, Tanah BRANCH OFFICES Dalam, Kuala Kapuas, Kapuas,
Bumbu Batu Licin, Kalimantan Kalimantan Tengah
Selatan SAMARINDA - TENGGARONG Tel : 0513-24411
Tel : 0518-71535 Jl. Patin No. 80, RT 06, Timbau, Fax : -
Fax : - Tenggarong, Kutai Kartanegara
Tel : 0541-6666080 MARTAPURA - PELAIHARI
PONTIANAK - AHMAD DAHLAN Fax : - Jl. H. Boeyasin, No. 2, RT 021/RW
Jl. KH. Ahmad Dahlan 006, Angsau, Pelaihari
No. 8-8A, RT 001/RW 015, Sei SAMARINDA - MELAK Tel : 0512-23382
Bangkong, Pontianak Jl. K.H. Dewantara, No. 28 Fax : 0512-21978
Tel : 0561-732772 (Samping RM Dobby), Melak Ulu,
Fax : - Melak, Kutai Barat PALANGKARAYA - KASONGAN
Tel : 0545-41222 Jl. Kasongan Sampit, KM 1, RT 06/
PONTIANAK 2 (CAR) - AHMAD Fax : - RW 02 Kasongan Lama, Katingan
DAHLAN Hilir
Jl. KH. Ahmad Dahlan SAMARINDA - SANGATA Kasongan
No. 8-8A, RT 001/RW 015, Sei Karya Etam, No.224 A, RT 12, Tel : -
Bangkong, Pontianak Sangata, Sangata Utara, Kutai Fax : -
Tel : 0561-732772 Timur
Fax : - Tel : 08115814135 SAMPIT - PARENGGEAN
Fax : Jl. Kalikasa, RT 003/RW 001,
SINGKAWANG - GM SITUT Parenggean, Sampit
Jl. GM Situt, No. 68 - 69, RT 04/RW BALIKPAPAN - GROGOT Tel : 0531-2051590
02, Pasirian, Singkawang Barat, Jl. Anden Oko, RT 015/RW 006 Kel. Fax : -
Singkawang Tanah Grogot Kec. Tanah Grogot,
Tel : 0562-634311 Tanah Grogot, Paser SAMPIT - SEI BABI
Fax : 0562-639789 Tel : 0542-321543 Jl. Jend. Sudirman, KM 86, RT
Fax : 0542-7213924 010/RW 01, Sei Babi Telawang,
SINTANG - MT HARYONO Sampit
Jl. MT. Haryono, No. 100, RT 11/RW BALIKPAPAN - HANDIL Tel : -
04, Kapuas kanan hulu, Sintang, Jl. M. Hatta Handil 4, RT 23, Muara Fax : -
Kapuas Jawa Ulu, Muara Jawa, Kutai
Tel : 0565-22279 Kartanegara LAMANDAU - PANGKALAN
Fax : 0565-23034 Tel : 0541-692090 BANTENG
Fax : 0541-692020 Jl. Batu Batanggui, RT 004/
KALIMANTAN REGION- RW 000, Nanga Bulik, Bulik,
SHARIA BUSINESS UNIT TARAKAN - NUNUKAN Lamandau
BRANCH OFFICE Jl. Tien Soeharto, RT 13, Nunukan Tel : -
Timur, Nunukan, Nunukan Fax : -
MARTAPURA - AHMAD YANI Tel : 0556- 2026318
Jl. A . Yani, KM 37 (Samping SPBU Fax : - BARABAI - RANTAU
Batas Kota Martapura) Jl. A. Yani RT 07/RW 02, Kupang,
Sungai Pering, Martapura TARAKAN - TANJUNG SELOR Tapin Utara
Tel : 0511-4773008 Jl. Duren, RT 23Tanjung Selor Hilir Tel : 0517-31646
Fax : 0511-4782475 Bulungan Fax : 0517-31610
Tel : 0552-2026318
SAMARINDA - AHMAD YANI Fax : - TANJUNG - MUARA TEWEH
Jl. A. Yani, KM 3A-B, Samarinda, Jl. Nenas, RT 13/RW 04, Lanjas,
Sei/Sungai Pinang Dalam, Sungai BERAU - WAHAU Teweh Tengah, Barito Utara
Pinang, Samarinda Jl. Mulawarman RT 002/RW 004, Tel : 0519-22330
Tel : 0541-742734 Marga Mulia, Kongbeng, Kutai Fax : -
Fax : 0541-742689 Timur, Kalimantan Timur
Tel : 0549-2063009
Fax : -
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BATU LICIN - KOTABARU SINTANG - SEKADAU MAKASSAR 2 - PERINTIS
Jl. H. Hasan Basri, No. 7, RT 13, Jl. Merdeka Timur RT 013/RW 003, Komp. Tamalanrea, Jl. Printis
Semayap Mungguk, Sekadau Hilir, Sekadau Kemerdekaan RT 002/RW 002,
Pulau Laut Utara, Kotabaru Tel : - Kel. Tamalanrea Indah , Kec.
Tel : 0518-24269 Fax : - Tamalanrea, Kota Makassar
Fax : 0518-23262 Tel : 0411831054
SINTANG - SANGAU Fax : 0411831056
BATU LICIN - SUNGAI DANAU Jl. Jend Sudirman RT 013/RW 005,
Jl. Propinsi, RT 028, Bunut, Kapuas, Sangau MAKASSAR 3 - GOWA
Sungai Danau, Satui Sungai Tel : - Jl. Sultan Hassanudin
Danau - Tanah Bumbu Fax : - Pandang - pandang
Tel : 0512-61403 Samba Opu, Gowa -
Fax : - KALIMANTAN REGION- Sungguminasa
OFFICES OTHER THAN Tel : 0411 - 831054
PONTIANAK - SUNGAI PINYUH BRANCH OFFICES OF Fax : 0411 - 831056
Jl. Seliung Blok A No. 8 (Samping SHARIAH BUSINESS UNITS
Dealer Honda Panca Motor), MAKASSAR 4 (MOBIL) - PERINTIS
Sungai Pinyuh SAMARINDA - TENGGARONG Komp. Tamalanrea, Jl. Printis
Pontianak Jl. Patin No. 80, RT 006, Timbau, Kemerdekaan RT 002/RW 002,
Tel : 0561-654482 Tenggarong, Kutai Kartanegara, Kel. Tamalanrea Indah , Kec.
Fax : - Kalimantan Timur Tamalanrea, Kota Makassar
Tel : - Tel : 0411831054
PONTIANAK - RASAU JAYA Fax : - Fax : 0411831056
Jl. Jend, Sudirman, RT 32/RW 08,
Dusun IV, Purwodadi Rasau Jaya SAMARINDA - MELAK BONE - MT HARYONO
I, Rasau jaya Kubu Raya Jl. K.H. Dewantara No. 28, Melak Jl. MT. Haryono, No. 1 (Sebelah BFI
Tel : 0561-573804 Ulu, Kutai Barat, Kalimantan Finance), Bulu Tempe, Tanette
Fax : - Timur Riantang Barat
Tel : - Tel : 0481 - 23335
PONTIANAK - KETAPANG Fax : - Fax : -
Jl. DI Panjaitan No. 04 RT 037/
RW 08, Sampit, Delta Pawan, SAMARINDA - SANGATA BULUKUMBA - AHMAD YANI
Ketapang Karya Etam No.224 A, RT 12, Jl. A. Yani, No.38, Caile, Ujung
Tel : - Sangata, Sangata Utara, Kutai Bulu, Bulukumba
Fax : - Timur, Kalimantan Timur Tel : 0413-2510035
Tel : - Fax : 0413-2510037
SINGKAWANG - SAMBAS Fax : -
Jl. Terigas (Samping PLN PALOPO - KELAPA
Sambas), Saing Rambi, Sambas MARTAPURA - PELAIHARI Jl. Kelapa, No. 47 RT 001/RW 008,
Tel : 0562-393209 Jl. H. Boeyasin, No. 2, RT 021/RW Legaligo Wara, Palopo
Fax : 0562-393207 006, Angsau, Pelahari Tel : 0471-22554
Tel : 0512-23382 Fax : 0471-23866
SINGKAWANG - BENGKAYANG Fax : 0512-21978
Jalan Raya Sanggau Ledo RT/RW PARE-PARE 2 (MOBIL) - BAU
003/002, Sebalo, Bengkayang SULAWESI REGION- MASSEPE
Tel : 05624261000 BRANCH OFFICE Jl. Veteran, Mallusetasi, Ujung,
Fax : - Pare Pare
MAKASSAR 1 - AP. PETTARANI Tel : 0421-3312500
SINTANG - NANGAPINOH Jl. A. P. Pettarini Kompleks Ruko Fax : 0421-25599
Jl. Juang KM 1, No.8 (Depan Klinik Delta Ramayana Jade 4-5, Masale,
Bunda jaya), Paal 8, Nangapinoh, Panakukkang, Makassar KENDARI - AHMAD YANI
Melawi Tel : 0411-421006 Jl. Ahmad Yani, No. 51A Wua Wua,
Tel : 0568-21406 Fax : 0411-425109 Kendari, Anaiwoi, Kadai, Kendari
Fax : 0568-21976 Tel : 0401-396201
Fax : 0401-396202
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Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
BAU BAU - AGUS SALIM AMBON - SETIA BUDI BONE - MT HARYONO
JL. KH Agus Salim, Wangkanapi, Jl. Setia Budi, No. 26, Ahusen, Jl. MT. Haryono, No. 1 (Sebelah BFI
Wolio, Bau - Bau, Sulawesi Utara Sirimau, Kota Ambon, Maluku Finance), Bulu Tempe, Tanette
Tel : 0402-2821341 Tengah Rianttang Barat
Fax : - Tel : 0911- 344641 Tel : 0481 - 23335
Fax : 0911-344639 Fax : -
PALU 2 (MOBIL) - SOEKARNO
HATTA TERNATE - BASTIONG PALOPO - KELAPA
Palu City Square, Jl. Soekarno Jalan Bastiong, No.127 RT 005/RW Jl. Kelapa, No. 47 RT 001/RW 008,
Hatta, Talise Mantikulore, Palu, 003, Bastiong Talangame, Ternate Legaligo, Wara, Palopo
Sulawesi Tengah Selatan Tel : 0471-22554
Tel : 0451-481249 Tel : 0921-3125128 Fax : 0471-23866
Fax : 0451-481130 Fax : -
PARE - PARE 2 (MOBIL) - BAU
POSO - KOTA JAYAPURA - ENTROP MASSEPE
Jl. Pulau Bali, No. 4, Gebang Rejo, Jl. Raya Abepura HM 2610 RT 005/ Jl. Veteran (Depan Hotel Bumi
Poso Kota Poso RW 004, Entrop Jayapura Selatan Indah), Mallusetasi, Ujung, Pare
Tel : 0452 - 324748 Tel : 0967 - 522911 Pare
Fax : 0452 - 324750 Fax : - Tel : 0421-3312500
Fax : 0421-25599
LUWUK - BANGGAI MAAHAS SORONG - BASUKI RAHMAT
Jl. Urip Sumoharjo, Jole, Luwuk, Jl. Basuki Rahmat, KM 8, KENDARI - AHMAD YANI
Banggai Klasaman, Sorong Timur Sorong, Jl. Ahmad Yani, No. 51A Wua Wua,
Tel : 0461-23912 Papua Barat Kendari, Anaiwoi, Kadia Kendari
Fax : 0461-23914 Tel : 0951 - 327584 Tel : 0401-396201
Fax : 0951 - 328993 Fax : 0401-396202
MANADO - AHMAD YANI
JL. A Yani No 10 D-E, Sario, SULAWESI REGION- PALU 2 (MOBIL) - SOEKARNO
Manado, Sulawesi Utara SHARIAH BUSINESS UNIT HATTA
Tel : 0431-8880443 BRANCH OFFICE Palu City Square, Jl. Soekarno
Fax : 0431-8880446 Hatta, Talise Mantikulore, Palu
MAKASSAR 1 - AP. PETTARANI Sulawesi Tengah
KOTAMOBAGU - SUPRAPTO Jl. A. P. Pettarini, Kompleks Ruko Tel : 0451-481249
Pasar 23 Maret, Jl. Suprapto, Delta Ramayana Jade 4-5, Masale Fax : 0451-481130
Gogagoman, Kotamobagu Panakukkang, Makassar
Tel : 0434-22813 Tel : 0411-421006 MAMUJU - URIP SUMOHARJO
Fax : - Fax : 0411 425109 Jl. Urip Sumoharjo, No. 78 (Depan
Kantor Cabang BRI) Karema,
GORONTALO - NANI MAKASSAR 4 (MOBIL) - PERINTIS Mamuju Sulawesi Barat
WARTABONE Komp. Tamalanrea, Jl. Printis Tel : 0811-4600931
Jl. Hj. Nani Wartabone No. 166, Kemerdekaan, RT 002/RW 002, Fax : -
RT 003/RW 002 Limbau U1, Kota Tamalanrea Indah , Tamalanrea,
Selatan Gorontalo Kota Makassar TERNATE - BASTIONG
Tel : 0435-824560 Tel : 0411831054 Jalan Raya Bastiong No 127, RT
Fax : 0435-824965 Fax : 0411831056 005/RW 003, Bastiong Talagame,
Ternate Selatan, Ternate
MAMUJU - URIP SUMOHARJO GORONTALO - NANI Tel : 0921-3125128
Jl. Urip Sumoharjo, No. 78 (Depan WARTABONE Fax : -
Kantor Cabang BRI), Karema, Jl. Hj. Nani Wartabone, No. 166,
Mamuju Sulawesi Barat RT 003/RW 002, Limbau U1, Kota
Tel : 0811-4600931 Selatan Gorontalo
Fax : - Tel : 0435-824560
Fax : 0435-824965
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SULAWESI REGION- PALOPO - TORAJA BAUBAU - RAHA
OFFICES OTHER THAN Jl. Pongtiku, RT 01/RW 03, Pertokoan Laino, Jl.Lumba-
BRANCH OFFICES Tambunan, Mendetek, Makale lumba, RT 002/RW 003, Laiworu,
Utara, Toraja Batalaiworu, Muna
MAKASSAR - PANGKEP Tel : 0423-24410 Tel : -
Ruko Abadi, Jl. Kemakmuran, Fax : - Fax : -
No. 14 Poros Makassar Pare,
Mappasaile, Pangkajene, PALOPO - MASAMBA MAMUJU - POLMAS
Pangkep Jl. Muh. Hatta, Baliase Jl. Jend. Sudirman No.21,Sidodadi
Tel : 0410-323671 Masamba, Luwu Utara ,Wonomulyo, Poelwali Mandar
Fax : 0410-323674 Tel : 0473-22106 Tel : -
Fax : - Fax : -
MAKASSAR 3 - TAKALAR
Jl. Jend. Sudirman (Samping PALOPO - MALILI MAMUJU - TOPOYO
Kantor Samsat Kalampa) Jl. Soekarno Hatta No. 3 Komp. Jl. Poros Mamuju Topoyo, Topoyo
Kallabirang, Pattallassang Ruko Cempaka Mas Blok A No. Mamuju
Takalar 19-20, Puncak Indah, Malili, Luwu Tel : -
Tel : 0411 8323552 Utara Fax : -
Fax : 0411 8323551 Tel : -
Fax : - MAMUJU - MAJENE
MAKASSAR 3 - JENEPONTO Jl. Poros Trans Sulawesi (Jl. Sultan
Lanto Dg Pasewang No.113, PARE - PARE - SIDRAP Hasanuddin, No. 25, Banggae
Balang Toa, Binamu, Jeneponto, Jl. Sultan Hasanudin, Wala, Majene), Banggae Timur, Majena
Sulawesi Selatan Maritenggae, Sidrap Tel : 0422-21381
Tel : 0411 842228 Tel : - Fax : 0422-21381
Fax : - Fax : -
BONE WAJO - PANGGARU PARE - PARE - PINRANG PALU - PARIGI
Jl. A. Panggaru, No. 16, Teddopu, Jl. Jend. Sudirman No.221 A, Jl. Trans Sulawesi, Masigi, Parigi,
Tempe, Sengkang Wajo, Sulawesi RT 001/RW 002, Maccorawalie, Parigi Moutong
Selatan Watang Sawitto, Pinrang Tel : 0450-21444
Tel : 0485-22662 Tel : 0421-921069 Fax : 0450-22376
Fax : 0485-22663 Fax : -
PALU - BUOL
BULUKUMBA - SINJAI PARE-PARE - ENREKANG Jl. MT Haryono, Buol, Biau, Buol
Jl. AP. Pettarani, Balangnipa, Jl. Poros Enrekang - Toraja, Tel : -
Sinjai Utara, Sinjai, Sulawesi Buntusugi, Alla, Enrekang, Sulsel Fax : -
Selatan Tel : -
Tel : - Fax : - PALU - KOTARAYA
Fax : - Jl. Tadulako, Desa Kotaraya, Kec.
KENDARI - KOLAKA Mepanga, Kab. Parigi Moutong
BULUKUMBA - BANTAENG Jl. Dr Sutomo, Lamokatto, Kolaka Tel : -
Jl. Dr. Sam Ratulangi Letta, Tel : 0405-21255 Fax : -
Bantaeng, Sulawesi Selatan Fax : 0405-23910
Tel : 0413-22073 PALU - TOLI TOLI
Fax : - KENDARI - KONAWE Jl. Usman Binol, RT 001/RW 001,
Jl. Ir Soekarno No.614 RT 001/RW Baru, Baolan, Toli Toli
PALOPO - MANGKUTANAH 001, Tumpas, Unaaha, Konawe Tel : 0453-24131
Jl. Trans Sulawesi Dusun Kaya’a Tel : - Fax : 0453-24129
(Depan Lapangan Bayondo), Fax : -
Beringin Jaya Tomoni, Luwu PALU - PASANGKAYU
Timur KENDARI - KONAWE SELATAN Jl. Ir Soekarno - Trans Sulawesi,
Tel : 0473-25080 Jl. Desa Anduna, Anduna, Laeya, Pasangkayu, Mamuju Utara
Fax : - Konawe Selatan Tel : -
Tel : - Fax : -
Fax : -
444 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
PALU - SOEKARNO HATTA GORONTALO - KWANDANG SULAWESI REGION-
Palu City Square Jl. Soekarno Jl. Trans Sulawesi Poros OFFICES OTHER THAN
Hatta, Talise, Mantikulore, Palu Gorontalo, Dusun Pasar Lama BRANCH OFFICES OF
Tel : - (Berdekatan dengan kantor DSP), SHARIAH BUSINESS UNITS
Fax : - Gorontalo Utara, Goronalo
Tel : 0442-310179 MAKASSAR - PANGKEP
BUNGKU - TRANS SULAWESI Fax : - Ruko Abadi, Jl. Kemakmuran,
Jl. Trans Sulawesi, Ipi, Bungku No.14, Poros, Makassar Pare
Tengah, Morowali AMBON - NAMLEA Tel : -
Tel : - Yos Sudarso Dusun Tatanggo RT Fax : -
Fax : - 003/RW 002, Buru, Maluku
Tel : - BONE WAJO - PANGGARU
POSO - BETELEME Fax : - Jl. A. Panggaru, No. 16, Teddopu,
Jl. Tadulako, Desa Beteleme, Tempe, Sengkang Wajo, Sulawesi
Lembo, Morowali Utara AMBON - MASOHI Selatan
Tel : - Jl. Pulau Seram, Namaelo, Tel : 0485-22662
Fax : - Masohi, Maluku Utara. Fax : 0485-22663
Tel : 0914- 21854
POSO - AMPANA Fax : PARE-PARE - SIDRAP
Jl. Moh Hatta, Uentanaga Bawah, Jalan Sultan Hasanuddin
Ratolindo, Tajo Una - Una TERNATE - SOFIFI Tel : -
Tel : 0464-22303 Jl. 40 Barumadoe, Balbar, Oba Fax : -
Fax : - Utara, Tidore Kepulauan
Tel : - PARE-PARE - PINRANG
LUWUK - TOILI Fax : - Jl. Jend. Sudirman No.221 A RT
Jl. Trans Toili Sulawesi, 001/RW 002
Desa Singkoyo, Toili, Banggai TERNATE - BACAN Tel : (0421) 921069
Tel : - Tomori Tugu Ikan, Tomori, Bacan, Fax : 0485-22663
Fax : - Halmahera Selatan, Maluku Utara
Tel : 09272110005 PARE-PARE - ENREKANG
LUWUK - SALAKAN Fax : - Jl. Poros Enrekang - Toraja,
Jl. Bhayangkara, RT 03 / Dusun Buntusugi, Alla, Enrekang, Sulsel
5, Baka, Tinangkung, Banggai TERNATE - TOBELO Tel : -
Kepulauan Jl. Trans Halmahera, Desa Mahia, Fax : -
Tel : - Wosia, Tobelo Tengah, Halmahera
Fax : - Utara PALOPO - MANGKUTANAH
Tel : - Jl. Trans Sulawesi Dusun Kaya’a
MANADO - BITUNG Fax : - (Depan Lapangan Tadulako)
Jl. Raya Manado Bitung, Tel : -
Manembo - Nembo, Matuari, JAYAPURA - TIMIKA Fax : -
Bitung Jl. Hasanuddin, No.9, Nawaripi,
Tel : 0438-35977 Inauga, Mimika Baru, Papua PALOPO - MALILI
Fax : - Barat Jl. Soekarno Hatta, Puncak Indah,
Tel : - Maili
MANADO - TOMOHON Fax : - Tel : -
Jl. Raya Tomohon Tandano, Fax : -
Matani 1, Tomohon Tengah, JAYAPURA - MERAUKE
Tomohon Jl. Brawijaya RT 008/RW 002, PALOPO - TORAJA
Tel : 0431-352357 Mandala, Merauke Jl. Pongtiku, RT 01/RW 03,
Fax : - Tel : - Tambunan, Mendetek, Makale
Fax : - Utara, Toraja
GORONTALO - MARISA Tel : 0423-24410
Jl. Blok Plan, Marisa, Pohuwato, SORONG - MANOKWARI Fax : -
Gorontalo Jl. Trikora Wosi Manokwari
Tel : 0443-210262 Barat, RT 02/RW 14, Sanggeng,
Fax : - Manokwari Barat
Tel : -
Fax : -
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 445
Page 448
PALOPO - MASAMBA TERNATE - SOFIFI MATARAM - PENJANGGIK
Jl. Muh. Hatta, Baliase, Masamba, Jl. 40 Barumadoe, Balbar, Oba Jl. Pejanggik, No. 65 A-B, Cakra
Luwu Utara Utara, Tidore Kepulauan Barat, Cakranegara Mataram
Tel : 0473-22106 Tel : - Tel : 0370-673195
Fax : - Fax : - Fax : 0370-673139
KENDARI - KOLAKA TERNATE - BACAN SELONG - PANCOR
Jl. Dr Sutomo, Lamokatto, Kolaka Tomori Tugu Ikan Jl. TGKH. Zainuddin Abdul Majid,
Tel : 0405-21255 Tel : - No. 46, Pancor, Selong
Fax : 0405-23910 Fax : - Tel : 0376-21100
Fax : 0376-21400
KENDARI - KONAWE TERNATE - TOBELO
Komp. Pertokoan, Jl. Jend. Jl. Trans Halmahera, Desa Mahia, KUPANG - TUAK DAUN MERAH
Sudirman No. 209, RT 001/RW 002 Wosia, Tobelo Tengah, Halmahera Jl. Frans Lebu Raya RT/RW
Tel : - Utara 002/001, Tuak Daun Merah,
Fax : - Tel : - Oebobo, Kupang Nusa Dua
Fax : - Tel : 0380-8479025
KENDARI - KONAWE SELATAN Fax : 0388-824422
Jl. Desa Anduna, Anduna, Laeya, BALI & NUSA TENGGARA
Konawe Selatan REGION- SUMBAWA - SEKETENG
Tel : - BRANCH OFFICE Komp. Pertokoan, |
Fax : - Jl. Udang 8 C - D, RT 02/RW 02,
DENPASAR - DEWATA SQUARE Seketeng, Sumbawa
GORONTALO - MARISA Komp. Dewata Square, Jl. Letda Tel : 371625550
Jl. Blok Plan, Marisa, Pohuwato, Tantular, No. 1 Blok A 17-20 (Dpn Fax : 0371-325324
Gorontalo BI), Dangin Puri Klod,
Tel : 0443-210262 Denpasar Timur MAUMERE - SIKKA
Fax : - Tel : 0361-231510 Jend. Jenderal Sudirman RT016/
Fax : 0361-256159 RW 005
GORONTALO - KWANDANG Tel : 0382-22187
Jl. Trans Sulawesi Poros TABANAN - IR SOEKARNO Fax : 038222524
Gorontalo, Dusun Pasar Lama Jl. Ir. Soekarno BR, Tegal Belodan
(Berdekatan dengan kantor DSP) (Dekat Perempatan Pasar Kodok BALI & NUSA TENGGARA
Tel : - Tabanan) REGION-
Fax : - Daun Peken, Tabanan SHARIA BUSINESS UNIT
Tel : 0365-43276 BRANCH OFFICE
MAMUJU - POLMAS Fax : -
Jl. Jend. Sudirman No.21, MATARAM - PEJANGGIK
Sidodadi, Wonomulyo, Poelwali GIANYAR - DARMA GIRI Jl. Pejanggik No. 65 A-B, Cakra
Mandar By pass Darma Giri,Gianyar, Barat, Cakranegara Mataram
Tel : - Bali Tel : 0370-673195
Fax : - Tel : 0361-955383 Fax : 0370-673139
Fax : 0361-955386
MAMUJU - TOPOYO SELONG - PANCOR
Jl. Poros Mamuju Topoyo, Topoyo SINGARAJA - UDAYANA Jl. TGKH. Zainuddin Abdul Majid
Mamuju Jl. Udayana, No 18 A RT 003/002, No. 46, Pancor, Selong
Tel : - Kaliuntu, Buleleng Tel : 0376-21100
Fax : - Tel : 0362 - 29076 Fax : 0376-21400
Fax : -
MAMUJU - MAJENE BALI & NUSA TENGGARA
Jl. Poros Trans Sulawesi (Jl. Sultan DENPASAR (CAR) - GATOT REGION-
Hasanuddin, No. 25, Banggae SUBROTO OFFICES OTHER THAN
Majene), Banggae Timur, Majena Jl. Raya Cargo 14A-14B, Kel. BRANCH OFFICES
Tel : 0422-21381 Ubung, Kec. Denpasar Utara, Kota
Fax : 0422-21381 Denpasar, Bali DENPASAR - NUSA DUA
Tel : 0361-2101054 Jl. By Pass Ngurah Rai 168, Tuban,
Fax : - Kuta, Badung
Tel : 0811-3861703
Fax : -
446 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 449
Performance Opening Management Corporate Management Corporate Environmental Supporting
Highlights Report Profile Discussion Governance and Social Data
and Analysis Responsibility
DENPASAR 3 - UBUNG SUMBAWA - BIMA BALI & NUSA TENGGARA
Jl. Gatot Subroto Barat No. 101 X, Jl. Hasanuddin, No. 9B, Nae, Rasa REGION-
Ubung, Denpasar Utara Nae, Bima, Nusa Tenggara Barat OFFICES OTHER THAN
Tel : - Tel : 0374-646087 BRANCH OFFICES OF
Fax : - Fax : 0374-646905 SHARIA BUSINESS UNITS
TABANAN - NEGARA MAUMERE - ENDE MATARAM - PRAYA
Jl. Ngurah Rai No. 70, Jembrana, Jl. Kelimutu, No. 093, Ende Jl. Jend. Sudirman, No. 60, Komp.
Negara, Bali Tengah, Ende, Flores Pertokoan Praya Praya, Lombok
Tel : 0361-8941670 Tel : 0381-22018 Tengah
Fax : - Fax : 0381-22353 Tel : 0370 - 654906
Fax : -
GIANYAR - KARANG ASEM MAUMERE - RUTENG
Jl. Jend. Sudirman (Dekat Dealer Jl. Yos Sudarso, RT 005/RW 003, MATARAM - TANJUNG LOMBOK
Suzuki Sudirman) Mbaumaku, Langke Rembong, Raya Tanjung Ds. Gubuk Baru,
Subagan, Karangasem Nusa Tenggara Sokong, Tanjung, Lombok Utara
Tel : 0363-23557 Tel : - Tel : 0370 - 654906
Fax : 0363-22300 Fax : - Fax : -
LOMBOK - PRAYA MAUMERE - LABUAN BAJO
Jl. Jend. Sudirman, No. 60, Komp. Jl. Frans Nala, RT 007/RW 002,
Pertokoan Praya Praya, Lombok Batu Cermin, Komodo, Labuan
Tengah Bajo, Nusa Tenggara Timur
Tel : 0370 - 654906 Tel : -
Fax : - Fax : -
MATARAM - TANJNG LOMBOK MAUMERE - LEMBATA FLORES
Raya Tanjung Ds. Gubuk Baru, Wangatoa Utara Barat RT 031/
Sokong, Tanjung, Lombok Utara RW 012, Selandoro, Nubatuka,
Tel : (0370)6573573 Lembata
Fax : - Tel : -
Fax : -
KUPANG - SOE
Jl. Gajah Mada (Depan SMK 2 Soe)
RT 11/RW 06, Karangsiri,
Kota Soe, Timor Tengah Selatan
Tel : 0388 - 22466
Fax : -
KUPANG - ATAMBUA
Jl. Imam Bonjol No.3 RT 015/RW
005, Atambua, Kota Atambua,
Belu
Tel :
Fax : -
SUMBAWA - TALIWANG
Jl. Lingk. Kota Baru B RT 002 /RW
006, Dalam, Taliwang, Sumbawa
Barat
Tel : -
Fax : -
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 447
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07
F I N A N C I AL
R E P O RT
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
Laporan keuangan/
Financial statements
Pada tanggal 31 Desember 2024/
As of 31 December 2024
Untuk tahun yang berakhir pada tanggal tersebut
Beserta laporan auditor independen/
For the year then ended
With independent auditor’s report
* Tidak diaudit *U
450 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
LAPORAN KEUANGAN FINANCIAL STATEMENTS
PADA TANGGAL 31 DESEMBER 2024 DAN 2023 AS OF 31 DECEMBER 2024 AND 2023
UNTUK TAHUN-TAHUN YANG BERAKHIR PADA FOR THE YEARS THEN ENDED
TANGGAL TERSEBUT BESERTA LAPORAN AUDITOR WITH INDPENDENT AUDITOR’S REPORT
INDEPENDEN
Halaman/
Isi Page Contents
Surat Pernyataan Direksi Directors’ Statement
Laporan Auditor Independen Independent Auditor’s Report
Laporan Posisi Keuangan Statement of Financial Position
31 Desember 2024 dan 2023…….…………… 1-2 ............................31 December 2024 and 2023
Laporan Laba Rugi dan Statement of Profit or Loss and
Penghasilan Komprehensif Lain Other Comprehensive Income
Untuk Tahun-Tahun Yang Berakhir For The Years Ended
31 Desember 2024 dan 2023……………….... 3 …….…………......31 December 2024 and 2023
Laporan Perubahan Ekuitas Statement of Changes In Equity
Untuk Tahun-Tahun Yang Berakhir For The Years Ended
31 Desember 2024 dan 2023……................... 4-5 ............................31 December 2024 and 2023
Laporan Arus Kas Statement of Cash Flows
Untuk Tahun-Tahun Yang Berakhir For The Years Ended
31 Desember 2024 dan 2023….…..…............. 6 ............................31 December 2024 and 2023
Catatan Atas Laporan Keuangan Notes to The Financial Statements
Untuk Tahun-Tahun Yang Berakhir For The Years Ended
31 Desember 2024 dan 2023………..….......... 7 - 135 ............................31 December 2024 and 2023
Informasi Keuangan Tambahan Supplementary Financial Information
(Tidak Diaudit) (Unaudited)
31 Desember 2024 dan 2023.……………….... 136 - 137 ............................31 December 2024 and 2023
Unaudited * Tidak diaudit *Unaudited
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
LAPORAN POSISI KEUANGAN STATEMENT OF FINANCIAL POSITION
31 Desember 2024 dan 2023 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes- 2024 - 2023 -
ASET ASSETS
2d,2e,2v,4,
Kas dan setara kas 38,39,41 Cash and cash equivalents
Kas 117.502 128.375 Cash on hand
Kas di bank Cash in banks
Pihak ketiga 580.860 570.099 Third parties
Pihak berelasi 2u,37 855.496 737.017 Related parties
Piutang pembiayaan konsumen - Consumer financing receivables -
setelah dikurangi cadangan net of allowance for
kerugian penurunan nilai sebesar 2d,2f,2g,2h, impairment losses of
Rp1.176.699 (2023: Rp1.270.590) 5,38,39 Rp1,176,699 (2023: Rp1,270,590)
Pihak ketiga 20.143.154 20.675.293 Third parties
Pihak berelasi 2u,37 6.972 5.336 Related parties
Piutang pembiayaan murabahah - Murabahah financing receivables -
setelah dikurangi cadangan net of allowance for
kerugian penurunan nilai sebesar 2d,2f,2g,2h, impairment losses of
Rp336.733 (2023: Rp292.108) 6,38,39 Rp336,733 (2023: Rp292,108)
Pihak ketiga 5.551.137 5.519.781 Third parties
Pihak berelasi 2u,37 785 281 Related parties
Piutang sewa pembiayaan - Finance lease receivables -
setelah dikurangi cadangan net of allowance for
kerugian penurunan nilai sebesar 2d,2f,2h,7, impairment losses of
Rp74.454 (2023: Rp60.770) 38,39 2.235.399 1.444.300 Rp74,454 (2023: Rp60,770)
Beban dibayar dimuka 2j,8 Prepaid expenses
Pihak ketiga 158.137 104.160 Third parties
Pihak berelasi 2u,37 44.053 38.904 Related party
Piutang lain-lain - neto 2d,9,38,39 Other receivables - net
Pihak ketiga 121.381 273.909 Third parties
Pihak berelasi 2u,37 54.239 67.152 Related parties
2d, 2i,10,
Aset derivatif 38,39 62.806 1.006 Derivative assets
Pajak dibayar dimuka 22 73.809 64.396 Prepaid tax
Investasi dalam saham, 2d,2k,2u,11, Investment in shares,
pihak berelasi 37,38,39 396.870 386.360 related party
Investasi pada entitas asosiasi 2l,2u,12,37 901.143 - Investment in associate
Aset tetap - setelah dikurangi Fixed assets - net of accumulated
akumulasi penyusutan sebesar depreciation of Rp637,639
Rp637.639 (2023: Rp630.860) 2m,13 287.222 229.704 (2023: Rp630,860)
Aset hak guna - setelah dikurangi Right-of-use assets - net of accumulated
akumulasi penyusutan sebesar depreciation of Rp245,811
Rp245.811 (2023: Rp217.343) 2w,14 263.534 262.482 (2023: Rp217,343)
Aset tak berwujud - setelah dikurangi Intangible assets - net of accumulated
akumulasi amortisasi sebesar amortisation of Rp487,698
Rp487.698 (2023: Rp438.281) 2n,15 295.046 120.659 (2023: Rp438,281)
Aset pajak tangguhan 2r,22 397.545 354.965 Deferred tax assets
Aset lain-lain 16 41.101 23.043 Other assets
TOTAL ASET 32.588.191
- 31.007.222
- TOTAL ASSETS
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements taken as a whole.
keseluruhan.
1
460 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
LAPORAN POSISI KEUANGAN STATEMENT OF FINANCIAL POSITION
31 Desember 2024 dan 2023 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes- 2024 - 2023 -
LIABILITAS LIABILITIES
2d,2v,17,38,
Pinjaman yang diterima 39,41 Borrowings
Pihak ketiga 4.849.352 6.931.541 Third parties
Pihak berelasi 2u,37 5.816.114 2.381.431 Related parties
Beban yang masih harus dibayar 2d,18,39 Accrued expenses
Pihak ketiga 545.950 874.663 Third parties
Pihak berelasi 2u,37 91.774 53.212 Related parties
2d,2q,19,
Utang obligasi - neto 38,39 Bonds payable - net
Pihak ketiga 6.191.030 5.716.456 Third parties
Pihak berelasi 2u,37 186.800 168.650 Related parties
Utang lain-lain 2d,20,38,39 Other payables
Pihak ketiga 525.405 807.304 Third parties
Pihak berelasi 2u,37 709.823 791.763 Related parties
Liabilitas sewa 2w,21 137.978 148.048 Lease liabilities
Utang pajak 2r,22 136.152 180.796 Taxes payable
2d,2i,10,
Liabilitas derivatif 38,39 75.416 - Derivative liabilities
Liabilitas imbalan kerja 2p,36 934.823 982.172 Employement benefits liabilities
2d,2s,23,
Sukuk mudharabah 38,39 Mudharabah bonds
Pihak ketiga 801.830 859.000 Third parties
Pihak berelasi 2u,37 30.000 - Related party
TOTAL LIABILITAS 21.032.447 19.895.036 TOTAL LIABILITIES
EKUITAS EQUITY
Share capital - par value Rp100
Modal saham - nilai nominal Rp100 (full amount) per share
(nilai penuh) per saham Authorized capital -
Modal dasar 4.000.000.000 saham 4,000,000,000 shares
Modal ditempatkan dan disetor Issued and fully paid -
penuh 1.000.000.000 saham 24 100.000 100.000 1,000,000,000 shares
Tambahan modal disetor 24 6.750 6.750 Additional paid-in capital
Saldo laba 25 Retained earnings
Telah ditentukan penggunaannya 242.578 223.137 Appropriated
Belum ditentukan penggunaannya 11.208.198 10.783.047 Unappropriated
Perubahan nilai wajar atas investasi dalam Changes in fair value on investment
saham yang diukur pada nilai wajar in shares measured at fair value through
melalui penghasilan komprehensif lain 2k,11 9.588 - other comprehensive income
Kerugian kumulatif atas instrumen derivatif Cumulative losses on derivative
untuk lindung nilai arus kas - neto 2i,10,26 (11.370) (748) instrument for cash flows hedges - net
EKUITAS - NETO 11.555.744 11.112.186 EQUITY - NET
TOTAL LIABILITAS DAN TOTAL LIABILITIES AND
EKUITAS 32.588.191
- 31.007.222
- EQUITY
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements taken as a whole.
keseluruhan.
2
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 461
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
LAPORAN LABA RUGI DAN STATEMENT OF PROFIT OR LOSS AND
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Untuk Tahun-Tahun yang Berakhir For the Years Ended
31 Desember 2024 dan 2023 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes- 2024 - 2023 -
PENDAPATAN INCOME
2f,2g,2o,
Pembiayaan konsumen 2u,28,37 6.190.857 6.041.776 Consumer financing
2f,2g,2o,2u
Marjin murabahah 29,37 1.561.549 1.482.860 Murabahah margin
Sewa pembiayaan 2f,2o,30 266.455 147.862 Finance leases
2d,2f,2m,2o,
2u,2v,13,
Lain-lain 31,37 1.950.909 1.835.436 Others
Bagian laba bersih entitas asosiasi 2l,12 20.110 - Share in net income of associate
TOTAL PENDAPATAN 9.989.880 9.507.934 TOTAL INCOME
BEBAN EXPENSES
Gaji dan tunjangan 2p,2u,32,37 (2.485.620) (2.419.732) Salaries and benefits
2o,2q,2u,17,
Beban bunga dan keuangan 19,33,37 (1.294.011) (982.199) Interest expense and financing charges
Penyisihan kerugian penurunan nilai 2h Provision for impairment losses
Pembiayaan konsumen 2u,5,37 (1.659.412) (1.215.186) Consumer financing
Pembiayaan murabahah 2u,6,37 (514.803) (413.212) Murabahah financing
Sewa pembiayaan 7 (51.501) (19.256) Finance leases
2m,2n,2u,2w,
Umum dan administrasi 34,37 (1.541.136) (1.338.942) General and administrative
Pemasaran (624.993) (611.583) Marketing
Bagi hasil sukuk mudharabah 2s,2u,23,37 (61.575) (29.983) Revenue sharing for mudharabah bonds
Lain-lain 35 (4.513) (5.172) Others
TOTAL BEBAN (8.237.564) (7.035.265) TOTAL EXPENSES
LABA SEBELUM BEBAN INCOME BEFORE INCOME
PAJAK PENGHASILAN 1.752.316 2.472.669 TAX EXPENSE
Beban pajak penghasilan 2r,22 (345.634) (528.622) Income tax expense
LABA TAHUN BERJALAN 1.406.682 1.944.047 NET INCOME FOR THE YEAR
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
Pos yang tidak akan direklasifikasi Items that will not be reclassified
ke laba rugi to profit or loss
Perubahan nilai wajar atas investasi dalam Changes in fair value on investment
saham yang diukur pada nilai wajar in shares measured at fair value
melalui penghasilan komprehensif lain 2k,11 12.292 - through other comprehensive income
Pengukuran kembali atas program Remeasurement of post-
imbalan pasca-kerja 2p,36 12.705 (81.900) employment benefits
Pajak penghasilan terkait Income tax relating to
penghasilan komprehensif lain yang other comprehensive income that
tidak akan direklasifikasi ke laba rugi 22 (5.499) 18.018 will not be reclassified to profit or loss
Pos yang akan direklasifikasi Items that will be reclassified
ke laba rugi to profit or loss
Effective portion of the fair value change of
Bagian efektif atas perubahan nilai wajar the derivative instrument -
instrumen derivatif - lindung nilai arus kas 2i,10,26 (13.618) 3.378 cash flow hedge
Pajak penghasilan terkait Income tax relating to other
penghasilan komprehensif lain yang comprehensive income that will
akan direklasifikasi ke laba rugi 22 2.996 (743) be reclassified to profit or loss
PENGHASILAN KOMPREHENSIF LAIN OTHER COMPREHENSIVE INCOME
SETELAH PAJAK 8.876 (61.247) NET OF TAX
TOTAL PENGHASILAN KOMPREHENSIF TOTAL COMPREHENSIVE INCOME
TAHUN BERJALAN 1.415.558
- 1.882.800
- FOR THE YEAR
LABA PER SAHAM - DASAR EARNINGS PER SHARE - BASIC
(dinyatakan dalam nilai Rupiah penuh) 2t,27 1.407
- 1.944
- (expressed in full amount of Rupiah)
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements taken as a whole.
keseluruhan.
3
462 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 465
PT ADIRA DINAMIKA MULTI FINANCE Tbk
LAPORAN PERUBAHAN EKUITAS STATEMENT OF CHANGES IN EQUITY
Untuk Tahun-Tahun yang Berakhir For the Years Ended
31 Desember 2024 dan 2023 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Perubahan nilai wajar
atas investasi dalam
Keuntungan/ saham yang diukur
Kerugian kumulatif pada nilai wajar
atas instrumen melalui penghasilan
derivatif untuk komprehensif lain/
lindung nilai arus Changes in fair value
Tambahan Saldo laba/Retained earnings kas - neto/ on investment in shares
modal disetor/ Belum Cumulative losses measured at
Additional Telah ditentukan ditentukan on derivative fair value through
Catatan/ Modal saham/ paid-in penggunaannya/ penggunaannya/ instrument for cash other comprehensive Jumlah/
Notes Share capital capital Appropriated Unappropriated flow hedges - net income Total
Saldo pada tanggal 1 Januari 2024 100.000 6.750 223.137 10.783.047 (748) - 11.112.186 Balance as of 1 January 2024
Dividen kas 25 - - - (972.000) - - (972.000) Cash dividends
Penyisihan saldo laba untuk Appropriation of retained
cadangan umum 25 - - 19.441 (19.441) - - - earnings for general reserve
Laba tahun berjalan - - - 1.406.682 - - 1.406.682 Net income for the year
Penghasilan komprehensif lain Other comprehensive income
setelah pajak net of tax
Pengukuran kembali atas program Remeasurement of post-
imbalan pasca-kerja 36 - - - 9.910 - 9.910 employment benefits
Perubahan nilai wajar atas investasi Changes in fair value on
dalam saham yang diukur pada investment in shares measured
nilai wajar melalui penghasilan at fair value through other
komprehensif lain 2k,11 - - - - - 9.588 9.588 comprehensive income
Bagian yang efektif dari lindung Effective portion of cash
nilai arus kas 2i,26 - - - - (10.622) - (10.622) flows hedges
Saldo pada tanggal 31 Desember 2024 100.000
- 6.750
- 242.578
- 11.208.198
- (11.370)
- 9.588
- 11.555.744
- Balance as of 31 December 2024
Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan dari The accompanying notes to financial statements form an integral part of these financial statements
laporan keuangan secara keseluruhan. taken as a whole.
4
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 463
Page 466
PT ADIRA DINAMIKA MULTI FINANCE Tbk
LAPORAN PERUBAHAN EKUITAS STATEMENT OF CHANGES IN EQUITY
Untuk Tahun-Tahun yang Berakhir For the Years Ended
31 Desember 2024 dan 2023 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Perubahan nilai wajar
Keuntungan/ atas investasi dalam
(kerugian) kumulatif saham yang diukur
atas instrumen pada nilai wajar
derivatif untuk melalui penghasilan
lindung nilai arus komprehensif lain/
kas - neto/ Changes in fair value
Tambahan Saldo laba/Retained earnings Cumulative gain/ on investment in shares
modal disetor/ Belum (losses) measured at
Additional Telah ditentukan ditentukan on derivative fair value through
Catatan/ Modal saham/ paid-in penggunaannya/ penggunaannya/ instrument for cash other comprehensive Jumlah/
Notes Share capital capital Appropriated Unappropriated flow hedges - net income Total
Saldo pada tanggal 1 Januari 2023 100.000 6.750 207.082 9.721.937 (3.383) - 10.032.386 Balance as of 1 January 2023
Dividen kas 25 - - - (803.000) - - (803.000) Cash dividends
464 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Penyisihan saldo laba untuk Appropriation of retained
cadangan umum 25 - - 16.055 (16.055) - - - earnings for general reserve
Laba tahun berjalan - - - 1.944.047 - - 1.944.047 Net income for the year
Penghasilan komprehensif lain Other comprehensive income
setelah pajak net of tax
Pengukuran kembali atas program Remeasurement of post-
imbalan pasca-kerja 36 - - - (63.882) - - (63.882) employment benefits
Bagian yang efektif dari lindung Effective portion of cash
nilai arus kas 2i,26 - - - - 2.635 - 2.635 flows hedges
Saldo pada tanggal 31 Desember 2023 100.000
- 6.750
- 223.137
- 10.783.047
- (748)
- -- 11.112.186
- Balance as of 31 December 2023
Catatan atas laporan keuangan terlampir merupakan bagian yang tidak terpisahkan dari The accompanying notes to financial statements form an integral part of these financial statements
laporan keuangan secara keseluruhan. taken as a whole.
5
Page 467
PT ADIRA DINAMIKA MULTI FINANCE Tbk
LAPORAN ARUS KAS STATEMENT OF CASH FLOWS
Untuk Tahun-Tahun yang Berakhir For the Years Ended
31 Desember 2024 dan 2023 31 December 2024 and 2023
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
Catatan/
Notes
- 2024 - 2023 -
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
OPERASI OPERATING ACTIVITIES
Penerimaan kas dari: Cash received from:
Transaksi pembiayaan 46.242.100 40.813.016 Financing transactions
Pembiayaan bersama 17.383.114 20.392.659 Joint financing
Bunga bank 61.280 25.693 Interest from banks
Pengeluaran kas untuk: Cash disbursements for:
Transaksi pembiayaan (37.179.612) (42.029.559) Financing transactions
Pokok pembiayaan bersama (15.195.132) (13.380.622) Principal on joint financing
Bunga pembiayaan bersama (3.254.385) (2.655.890) Interest on joint financing
Gaji dan tunjangan (2.526.359) (2.404.629) Salaries and benefits
Beban umum dan administrasi (1.685.330) (1.386.140) General and administrative expenses
Premi asuransi (1.580.914) (1.829.971) Insurance premiums
Beban bunga dan provisi bank (859.647) (608.207) Interest and bank provision expenses
Pajak penghasilan dan lainnya (751.466) (897.180) Income and other taxes
Beban bunga utang obligasi (372.318) (319.947) Interest on bonds payable
Bagi hasil sukuk mudharabah (62.034) (23.330) Revenue sharing for mudharabah bonds
Tantiem for Boards of
Tantiem Dewan Komisaris dan Direksi (28.986) (19.538) Commissioners and Directors
Beban bunga liabilitas sewa 43 (11.212) (12.653) Interest on lease liabilities
Penerimaan kas dari lain-lain - neto 282.297 284.265 Cash received from others - net
Kas neto diperoleh dari/(digunakan untuk) Net cash provided from/(used in)
aktivitas operasi 461.396 (4.052.033) operating activities
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
INVESTASI INVESTING ACTIVITIES
Hasil penjualan aset tetap 13 667 450 Proceeds from sale of fixed assets
Penempatan investasi pada entitas asosiasi (880.653) - Placement in investment in associate
Pembelian aset tak berwujud (158.470) (40.424) Acquisition of intangible assets
Pembelian aset tetap (110.575) (108.595) Acquisition of fixed assets
Penyesuaian nilai/(pembelian) Adjustment to value/(acquisition)
investasi dalam saham 1.782 (386.360) of investment in shares
Penerimaan dari likuidasi investee - 1.441 Proceeds from liquidation of investee
Kas neto digunakan untuk Net cash used in
aktivitas investasi (1.147.249) (533.488) investing activities
ARUS KAS DARI AKTIVITAS CASH FLOWS FROM
PENDANAAN FINANCING ACTIVITIES
Penerimaan pinjaman bank 43 15.545.843 21.193.215 Proceeds from borrowings
Penerimaan dari penerbitan obligasi 43 3.600.000 2.950.000 Proceeds from issuance of bonds
Penerimaan dari penerbitan sukuk Proceeds from issuance of
mudharabah 43 400.000 600.000 mudharabah bonds
Pembayaran pinjaman bank 43 (14.197.828) (16.911.131) Payments of borrowings
Pembayaran pokok utang obligasi 43 (3.106.140) (2.058.800) Payments of principal on bonds payable
Pembayaran dividen kas 25 (972.000) (803.000) Payments of cash dividends
Payments of principal on
Pembayaran pokok sukuk mudharabah 43 (427.170) (182.000) mudharabah bonds
Pembayaran pokok liabilitas sewa 43 (20.037) (26.060) Payments of principal on lease liabilities
Pembayaran biaya emisi obligasi 43 (10.628) (11.037) Payments of bonds issuance costs
Pembayaran biaya transaksi pinjaman bank 43 (6.446) (13.779) Payments of borrowings transaction costs
Pembayaran biaya emisi sukuk Payments of mudharabah bonds
mudharabah (1.374) (2.508) issuance costs
Pembayaran biaya transaksi pinjaman Payments of mudharabah loan
mudharabah - (250) transaction costs
Kas neto diperoleh dari Net cash proceed from
aktivitas pendanaan 804.220 4.734.650 financing activities
NET INCREASE IN
KENAIKAN NETO KAS DAN SETARA KAS 118.367 149.129 CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS,
KAS DAN SETARA KAS, AWAL TAHUN 4 1.435.491 1.286.362 AT BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS,
KAS DAN SETARA KAS, AKHIR TAHUN 4 1.553.858
- 1.435.491
- AT END OF YEAR
Catatan atas laporan keuangan terlampir merupakan bagian The accompanying notes to financial statements form an
yang tidak terpisahkan dari laporan keuangan secara integral part of these financial statements taken as a whole.
keseluruhan.
6
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 465
Page 468
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM 1. GENERAL INFORMATION
a. Pendirian dan informasi umum Perseroan a. Establishment and general information of the
Company
PT Adira Dinamika Multi Finance Tbk (“Perseroan”) PT Adira Dinamika Multi Finance Tbk (the “Company”)
didirikan pada tanggal 13 November 1990 berdasarkan was established on 13 November 1990 based on Notarial
Akta Notaris Misahardi Wilamarta, S.H., No. 131. Akta Deed No. 131 of Misahardi Wilamarta, S.H. The Deed of
Pendirian ini telah disahkan oleh Menteri Kehakiman Establishment was approved by the Ministry of Justice of
Republik Indonesia dalam Surat Keputusan the Republic of Indonesia in its Decision Letter No. C2-
No. C2-19.HT.01.01.TH.91 tanggal 8 Januari 1991 dan 19.HT.01.01.TH.91 dated 8 January 1991 and was
telah diumumkan dalam Tambahan No. 421 pada Berita published in Supplement No. 421 to the State Gazette of
Negara Republik Indonesia No. 12 tanggal 8 Februari the Republic of Indonesia No. 12 dated 8 February 1991.
1991.
Anggaran Dasar Perseroan telah mengalami beberapa The Company’s Articles of Association has been
kali perubahan, perubahan terakhir dilakukan dengan amended several times with the latest amendment
Akta Notaris Mala Mukti, S.H., L.LM, No. 40 tanggal effected by Notarial Deed of Mala Mukti, S.H., L.LM,
15 Oktober 2021. Perubahan ini telah diterima dan No. 40 dated 15 October 2021. This amendment has
dicatat di dalam Sistem Administrasi Badan Hukum been received and recorded in the database of Legal
Kementerian Hukum dan Hak Asasi Manusia Republik Entity Administrative System of the Ministry of Laws and
Indonesia melalui Surat Penerimaan Pemberitahuan Human Rights of the Republic of Indonesia through its
Perubahan Anggaran Dasar PT Adira Dinamika Multi Letter of Receipt of Notice on Amendment to the Articles
Finance Tbk No. AHU-AH.01.03-0465665 tanggal of Association of PT Adira Dinamika Multi Finance Tbk
27 Oktober 2021. No. AHU-AH.01.03-0465665 dated 27 October 2021.
Perseroan memperoleh izin usaha sebagai perusahaan The Company obtained its license to operate as
pembiayaan dari Menteri Keuangan dalam Surat a financing company from the Ministry of Finance based
Keputusan No. 253/KMK.013/1991 tanggal 4 Maret on Decision Letter No. 253/KMK.013/1991 dated
1991. Berdasarkan Pasal 3 Anggaran Dasar Perseroan, 4 March 1991. As stated in Article 3 of the Company’s
ruang lingkup kegiatan Perseroan dalam bidang Articles of Association, the scope of the Company’s
pembiayaan dan pembiayaan syariah yang merupakan activities comprises of financing and sharia financing
Unit Usaha Syariah meliputi pembiayaan investasi, which is a Sharia Business Unit which include investment
pembiayaan modal kerja, pembiayaan multiguna, financing, working capital financing, multipurpose
kegiatan usaha pembiayaan lain berdasarkan financing, other financing business activities based on
persetujuan Otoritas Jasa Keuangan (OJK), sewa approval by Financial Service Authority (OJK), operating
operasi dan/atau kegiatan berbasis fee sepanjang tidak lease and/or fee-based activities to the extent consistent
bertentangan dengan peraturan perundang-undangan with legislation in the financial services sector, sell-buy
di sektor jasa keuangan, pembiayaan jual-beli, dan financing and service financing.
pembiayaan jasa.
Perseroan berdomisili di Millennium Centennial Center The Company's registered office is located at the 53rd-
Lantai 53-61, Jalan Jenderal Sudirman Kav. 25, Jakarta 61st Floor of Millennium Centennial Center, Jalan
Selatan dan Perseroan memiliki 508 jaringan usaha Jenderal Sudirman Kav. 25, South Jakarta and the
yang terdiri dari kantor cabang dan kantor perwakilan Company has 508 business networks which consist of
yang tersebar di seluruh wilayah Indonesia. Perseroan branch offices and representative office throughout
memulai operasi komersialnya pada tahun 1991. Indonesia. The Company started its commercial
operations in 1991.
PT Bank Danamon Indonesia Tbk adalah pemegang PT Bank Danamon Indonesia Tbk is the Company’s
saham pengendali Perseroan. MUFG Bank, Ltd. adalah controlling shareholder. MUFG Bank, Ltd. is the
pemegang saham pengendali dari PT Bank Danamon controlling shareholder of PT Bank Danamon Indonesia
Indonesia Tbk dengan kepemilikan saham secara Tbk with 92.47% direct and indirect share ownership.
langsung dan tidak langsung sebesar 92,47%.
* Tidak diaudit *Unaudited
7
466 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 469
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
b. Penawaran umum saham Perseroan b. Public offering of the Company’s shares
Pada tanggal 23 Maret 2004, Perseroan melakukan On 23 March 2004, the Company conducted an Initial
Penawaran Umum Perdana atas 100.000.000 saham Public Offering (IPO) of 100,000,000 shares with par
dengan nilai nominal Rp100 (nilai penuh) per saham value of Rp100 (full amount) per share with offering value
dengan harga penawaran sebesar Rp2.325 (nilai penuh) of Rp2,325 (full amount) per share. These shares were
per saham. Seluruh saham ini telah tercatat di Bursa all listed on the Jakarta Stock Exchange and Surabaya
Efek Jakarta dan Bursa Efek Surabaya pada tanggal 31 Stock Exchange on 31 March 2004.
Maret 2004.
Pada tanggal 30 November 2007, Bursa Efek Jakarta On 30 November 2007, the Jakarta Stock Exchange and
dan Bursa Efek Surabaya telah bergabung menjadi Surabaya Stock Exchange have merged into Indonesia
Bursa Efek Indonesia. Stock Exchange.
Seluruh saham yang ditawarkan melalui Penawaran All shares offered through this IPO were divestment
Umum Perdana ini merupakan saham divestasi milik shares owned by the founding shareholders. Therefore,
pemegang saham pendiri. Dengan demikian, Perseroan the Company did not receive any funds from sale of
tidak menerima dana hasil penjualan saham. shares.
c. Penawaran umum efek utang Perseroan c. Public offering of the Company’s debt securities
Sejak tahun 2003, Perseroan telah beberapa kali Since 2003, the Company has issued debt securities to
menerbitkan efek utang yang ditawarkan kepada the public through the Indonesian capital market.
masyarakat melalui pasar modal di Indonesia.
Obligasi yang telah diterbitkan oleh Perseroan dan masih The bonds have been issued by the Company and are
terutang pada tanggal 31 Desember 2024 dan 2023 still outstanding as of 31 December 2024 and 2023 are
adalah sebagai berikut: as follows:
Tanggal Skedul
pernyataan pembayaran
efektif/ bunga/
Effective Interest
Efek utang/ notification Nomor surat/ Jumlah/ Wali amanat/ payment
Debt securities date Letter number Amount The trustee schedule
Obligasi Berkelanjutan IV Adira Finance Tahap
IV Tahun 2019/Adira Finance Continuing
Bonds IV Phase IV Year 2019 (Obligasi
Berkelanjutan IV Tahap IV/Continuing Bonds 4 Desember/ PT Bank Negara Triwulan/
IV Phase IV) December 2017 No. S-458/D.04/2017 618.000 Indonesia (Persero) Tbk Quarterly
Obligasi Berkelanjutan IV Adira Finance Tahap
V Tahun 2019/Adira Finance Continuing
Bonds IV Phase V Year 2019 (Obligasi
Berkelanjutan IV Tahap V/Continuing Bonds 4 Desember/ PT Bank Negara Triwulan/
IV Phase V) December 2017 No. S-458/D.04/2017 2.000.000 Indonesia (Persero) Tbk Quarterly
Obligasi Berkelanjutan IV Adira Finance Tahap
VI Tahun 2019/Adira Finance Continuing
Bonds IV Phase VI Year 2019 (Obligasi
Berkelanjutan IV Tahap VI/Continuing Bonds 4 Desember/ PT Bank Negara Triwulan/
IV Phase VI) December 2017 No. S-458/D.04/2017 1.192.000 Indonesia (Persero) Tbk Quarterly
Obligasi Berkelanjutan V Adira Finance Tahap
II Tahun 2021/Adira Finance Continuing
Bonds V Phase II Year 2021 (Obligasi
Berkelanjutan V Tahap II/Continuing Bonds 30 Juni/ PT Bank Negara Triwulan/
V Phase II) June 2020 No. S-182/D.04/2020 1.300.000 Indonesia (Persero) Tbk Quarterly
Obligasi Berkelanjutan V Adira Finance Tahap
III Tahun 2022/Adira Finance Continuing
Bonds V Phase III Year 2022 (Obligasi
Berkelanjutan V Tahap III/Continuing Bonds 30 Juni/ PT Bank Negara Triwulan/
V Phase III) June 2020 No. S-182/D.04/2020 1.700.000 Indonesia (Persero) Tbk Quarterly
* Tidak diaudit *Unaudited
8
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 467
Page 470
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Penawaran umum efek utang Perseroan (lanjutan) c. Public offering of the Company’s debt securities
(continued)
Obligasi yang telah diterbitkan oleh Perseroan dan masih The bonds have been issued by the Company and are
terutang pada tanggal 31 Desember 2024 dan 2023 still outstanding as of 31 December 2024 and 2023 are
adalah sebagai berikut: (lanjutan) as follows: (continued)
Tanggal Skedul
pernyataan pembayaran
efektif/ bunga/
Effective Interest
Efek utang/ notification Nomor surat/ Jumlah/ Wali amanat/ payment
Debt securities date Letter number Amount The trustee schedule
Obligasi Berkelanjutan VI Adira Finance Tahap
I Tahun 2023/Adira Finance Continuing
Bonds VI Phase I Year 2023 (Obligasi
Berkelanjutan VI Tahap I/Continuing Bonds 27 Juni/ PT Bank Negara Triwulan/
VI Phase I) June 2023 No. S-164/D.04/2023 1.700.000 Indonesia (Persero) Tbk Quarterly
Obligasi Berkelanjutan VI Adira Finance Tahap
II Tahun 2023/Adira Finance Continuing
Bonds VI Phase II Year 2023 (Obligasi
Berkelanjutan VI Tahap II/Continuing Bonds 27 Juni/ PT Bank Negara Triwulan/
VI Phase II) June 2023 No. S-164/D.04/2023 1.250.000 Indonesia (Persero) Tbk Quarterly
Obligasi Berkelanjutan VI Adira Finance Tahap
III Tahun 2024/Adira Finance Continuing
Bonds VI Phase III Year 2024 (Obligasi
Berkelanjutan VI Tahap III/Continuing Bonds 27 Juni/ PT Bank Negara Triwulan/
VI Phase III) June 2023 No. S-164/D.04/2023 1.600.000 Indonesia (Persero) Tbk Quarterly
Obligasi Berkelanjutan VI Adira Finance Tahap
IV Tahun 2024/Adira Finance Continuing
Bonds VI Phase IV Year 2024 (Obligasi
Berkelanjutan VI Tahap IV/Continuing Bonds 27 Juni/ PT Bank Negara Triwulan/
VI Phase IV) June 2023 No. S-164/D.04/2023 2.000.000 Indonesia (Persero) Tbk Quarterly
Sukuk mudharabah yang telah diterbitkan oleh The mudharabah bonds have been issued by the
Perseroan dan masih terutang pada tanggal Company and are still outstanding as of 31 December
31 Desember 2024 dan 2023 adalah sebagai berikut: 2024 and 2023 are as follows:
Skedul
Tanggal pembayaran
pernyataan bagi hasil/
efektif/ Revenue
Effective sharing
Sukuk mudharabah/ notification Nomor surat/ Jumlah/ Wali amanat/ payment
Mudharabah bonds date Letter number Amount The trustee schedule
Sukuk Mudharabah Berkelanjutan III Adira
Finance Tahap III Tahun 2019/Adira Finance
Continuing Mudharabah Bonds III Phase III
Year 2019 (Sukuk Mudharabah
Berkelanjutan III Tahap III/Continuing 4 Desember/ PT Bank Negara Triwulan/
Mudharabah Bonds III Phase III) December 2017 No. S-458/D.04/2017 214.000 Indonesia (Persero) Tbk Quarterly
Sukuk Mudharabah Berkelanjutan III Adira
Finance Tahap IV Tahun 2019/Adira
Finance Continuing Mudharabah Bonds III
Phase IV Year 2019 (Sukuk Mudharabah
Berkelanjutan III Tahap IV/Continuing 4 Desember/ PT Bank Negara Triwulan/
Mudharabah Bonds III Phase IV) December 2017 No. S-458/D.04/2017 96.000 Indonesia (Persero) Tbk Quarterly
Sukuk Mudharabah Berkelanjutan IV Adira
Finance Tahap II Tahun 2021/Adira Finance
Continuing Mudharabah Bonds IV Phase II
Year 2021 (Sukuk Mudharabah
Berkelanjutan IV Tahap II/Continuing 30 Juni/ PT Bank Negara Triwulan/
Mudharabah Bonds IV Phase II) June 2020 No. S-182/D.04/2020 200.000 Indonesia (Persero) Tbk Quarterly
* Tidak diaudit *Unaudited
9
468 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 471
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Penawaran umum efek utang Perseroan (lanjutan) c. Public offering of the Company’s debt securities
(continued)
Sukuk mudharabah yang telah diterbitkan oleh The mudharabah bonds have been issued by the
Perseroan dan masih terutang pada tanggal Company and are still outstanding as of 31 December
31 Desember 2024 dan 2023 adalah sebagai berikut: 2024 and 2023 are as follows: (continued)
(lanjutan)
Skedul
Tanggal pembayaran
pernyataan bagi hasil/
efektif/ Revenue
Effective sharing
Sukuk mudharabah/ notification Nomor surat/ Jumlah/ Wali amanat/ payment
Mudharabah bonds date Letter number Amount The trustee schedule
Sukuk Mudharabah Berkelanjutan IV Adira
Finance Tahap III Tahun 2022/Adira Finance
Continuing Mudharabah Bonds IV Phase III
Year 2022 (Sukuk Mudharabah
Berkelanjutan IV Tahap III/Continuing 30 Juni/ PT Bank Negara Triwulan/
Mudharabah Bonds IV Phase III) June 2020 No. S-182/D.04/2020 300.000 Indonesia (Persero) Tbk Quarterly
Sukuk Mudharabah Berkelanjutan V Adira
Finance Tahap I Tahun 2023/Adira Finance
Continuing Mudharabah Bonds V Phase I
Year 2023 (Sukuk Mudharabah
Berkelanjutan V Tahap I/Continuing 27 Juni/ PT Bank Negara Triwulan/
Mudharabah Bonds V Phase I) June 2023 No. S-164/D.04/2023 300.000 Indonesia (Persero) Tbk Quarterly
Sukuk Mudharabah Berkelanjutan V Adira
Finance Tahap II Tahun 2023/Adira Finance
Continuing Mudharabah Bonds V Phase II
Year 2023 (Sukuk Mudharabah
Berkelanjutan V Tahap II/Continuing 27 Juni/ PT Bank Negara Triwulan/
Mudharabah Bonds V Phase II) June 2023 No. S-164/D.04/2023 300.000 Indonesia (Persero) Tbk Quarterly
Sukuk Mudharabah Berkelanjutan V Adira
Finance Tahap III Tahun 2024/Adira
Finance Continuing Mudharabah Bonds V
Phase III Year 2024 (Sukuk Mudharabah
Berkelanjutan V Tahap III/Continuing 27 Juni/ PT Bank Negara Triwulan/
Mudharabah Bonds V Phase III) June 2023 No. S-164/D.04/2023 400.000 Indonesia (Persero) Tbk Quarterly
Rincian tingkat bunga dan jatuh tempo masing-masing Details of interest rates and due date of each serial of debt
seri efek utang yang diterbitkan: securities issued are as follows:
Tahun Tingkat bunga
penerbitan/ tetap/
Efek utang/ Year of Nilai nominal/ Fixed interest Jatuh tempo/ Cicilan pokok efek utang/
Debt securities issuance _ Nominal value _ rate Due date Debt securities installment
Obligasi Berkelanjutan
IV Tahap IV/
Continuing Bonds IV
Phase IV
3 Februari/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2019 232.000 8,05% February 2020 tempo/Bullet payment on due date
23 Januari/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2019 58.000 9,00% January 2022 tempo/Bullet payment on due date
23 Januari/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2019 328.000 9,50% January 2024 tempo/Bullet payment on due date
Obligasi Berkelanjutan
IV Tahap V/
Continuing Bonds IV
Phase V
26 April/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2019 1.105.000 7,75% April 2020 tempo/Bullet payment on due date
16 April/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2019 287.250 8,60% April 2022 tempo/Bullet payment on due date
16 April/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2019 607.750 9,15% April 2024 tempo/Bullet payment on due date
* Tidak diaudit *Unaudited
10
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Page 472
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Penawaran umum efek utang Perseroan (lanjutan) c. Public offering of the Company’s debt securities
(continued)
Rincian tingkat bunga dan jatuh tempo masing-masing Details of interest rates and due date of each serial of
seri efek utang yang diterbitkan: (lanjutan) debt securities issued are as follows: (continued)
Tahun Tingkat bunga
penerbitan/ tetap/
Efek utang/ Year of Nilai nominal/ Fixed interest Jatuh tempo/ Cicilan pokok efek utang/
Debt securities issuance _ Nominal value _ rate Due date Debt securities installment
Obligasi Berkelanjutan
IV Tahap VI/
Continuing Bonds IV
Phase VI
14 Oktober/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2019 299.000 6,75% October 2020 tempo/Bullet payment on due date
4 Oktober/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2019 703.000 7,80% October 2022 tempo/Bullet payment on due date
4 Oktober/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2019 190.000 8,10% October 2024 tempo/Bullet payment on due date
Obligasi Berkelanjutan
V Tahap II/
Continuing Bonds V
Phase II
3 Agustus/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2021 559.000 4,25% August 2022 tempo/Bullet payment on due date
23 Juli/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2021 741.000 5,50% July 2024 tempo/Bullet payment on due date
Obligasi Berkelanjutan
V Tahap III/
Continuing Bonds V
Phase III
2 April/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2022 620.000 3,50% April 2023 tempo/Bullet payment on due date
22 Maret/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2022 830.000 5,60% March 2025 tempo/Bullet payment on due date
22 Maret/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2022 250.000 6,25% March 2027 tempo/Bullet payment on due date
Obligasi Berkelanjutan
VI Tahap I/
Continuing Bonds VI
Phase I
17 Juli/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2023 405.000 5,50% July 2024 tempo/Bullet payment on due date
7 Juli/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2023 410.000 6,00% July 2026 tempo/Bullet payment on due date
7 Juli/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2023 885.000 6,25% July 2028 tempo/Bullet payment on due date
Obligasi Berkelanjutan
VI Tahap II/
Continuing Bonds VI
Phase II
19 November/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2023 834.390 6,15% November 2024 tempo/Bullet payment on due date
9 November/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2023 385.235 6,50% November 2026 tempo/Bullet payment on due date
9 November/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2023 30.375 6,55% November 2028 tempo/Bullet payment on due date
* Tidak diaudit *Unaudited
11
470 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 473
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Penawaran umum efek utang Perseroan (lanjutan) c. Public offering of the Company’s debt securities
(continued)
Rincian tingkat bunga dan jatuh tempo masing-masing Details of interest rates and due date of each serial of
seri efek utang yang diterbitkan: (lanjutan) debt securities issued are as follows: (continued)
Tahun Tingkat bunga
penerbitan/ tetap/
Efek utang/ Year of Nilai nominal/ Fixed interest Jatuh tempo/ Cicilan pokok efek utang/
Debt securities issuance _ Nominal value _ rate Due date Debt securities installment
Obligasi Berkelanjutan
VI Tahap III/
Continuing Bonds VI
Phase III
13 Mei/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2024 1.079.204 6,40% May 2025 tempo/Bullet payment on due date
3 Mei/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2024 391.461 6,55% May 2027 tempo/Bullet payment on due date
3 Mei/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2024 129.335 6,65% May 2029 tempo/Bullet payment on due date
Obligasi Berkelanjutan
VI Tahap IV/
Continuing Bonds VI
Phase IV
20 Oktober/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2024 785.000 6,45% October 2025 tempo/Bullet payment on due date
10 Oktober/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2024 815.000 6,70% October 2027 tempo/Bullet payment on due date
10 Oktober/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2024 400.000 6,80% October 2029 tempo/Bullet payment on due date
Rincian nisbah bagi hasil dan jatuh tempo masing- Details of revenue sharing ratio and due date of each
masing seri sukuk mudharabah yang diterbitkan adalah serial of mudharabah bonds issued are as follows:
sebagai berikut:
Tahun
penerbitan/ Nisbah bagi hasil/
Sukuk mudharabah/ Year of Nilai nominal/ Revenue sharing Jatuh tempo/ Cicilan pokok sukuk mudharabah/
Mudharabah bonds issuance Nominal value ratio Due date Mudharabah bonds installment .
Sukuk Mudharabah
Berkelanjutan III Tahap
III/Continuing
Mudharabah Bonds III
Phase III
67,08% (setara
dengan 8,05%
per tahun/
equivalent to 3 Februari/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2019 127.000 8.05% per year) February 2020 tempo/Bullet payment on due date
75,00% (setara
dengan 9,00%
per tahun/
equivalent to 23 Januari/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2019 55.000 9.00% per year) January 2022 tempo/Bullet payment on due date
79,17% (setara
dengan 9,50%
per tahun/
equivalent to 23 Januari/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2019 32.000 9.50% per year) January 2024 tempo/Bullet payment on due date
* Tidak diaudit *Unaudited
12
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 471
Page 474
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Penawaran umum efek utang Perseroan (lanjutan) c. Public offering of the Company’s debt securities
(continued)
Rincian nisbah bagi hasil dan jatuh tempo masing- Details of revenue sharing ratio and due date of each
masing seri sukuk mudharabah yang diterbitkan adalah serial of mudharabah bonds issued are as follows:
sebagai berikut: (lanjutan) (continued)
Tahun
penerbitan/ Nisbah bagi hasil/
Sukuk mudharabah/ Year of Nilai nominal/ Revenue sharing Jatuh tempo/ Cicilan pokok sukuk mudharabah/
Mudharabah bonds issuance Nominal value ratio Due date Mudharabah bonds installment .
Sukuk Mudharabah
Berkelanjutan III Tahap
IV/Continuing
Mudharabah Bonds III
Phase IV
64,58% (setara
dengan 7,75%
per tahun/
equivalent to 26 April/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2019 72.000 7.75% per year) April 2020 tempo/Bullet payment on due date
71,67% (setara
dengan 8,60%
per tahun/
equivalent to 16 April/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2019 10.000 8.60% per year) April 2022 tempo/Bullet payment on due date
76,25% (setara
dengan 9,15%
per tahun/
equivalent to 16 April/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2019 14.000 9.15% per year) April 2024 tempo/Bullet payment on due date
Sukuk Mudharabah
Berkelanjutan IV Tahap
II/Continuing
Mudharabah Bonds IV
Phase II
35,42% (setara
dengan 4,25%
per tahun/
equivalent to 3 Agustus/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2021 134.000 4.25% per year) August 2022 tempo/Bullet payment on due date
45,83% (setara
dengan 5,50%
per tahun/
equivalent to 23 Juli/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2021 66.000 5.50% per year) July 2024 tempo/Bullet payment on due date
Sukuk Mudharabah
Berkelanjutan IV Tahap
III/Continuing
Mudharabah Bonds IV
Phase III
29,17% (setara
dengan 3,50%
per tahun/
equivalent to 2 April/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2022 153.000 3.50% per year) April 2023 tempo/Bullet payment on due date
46,67% (setara
dengan 5,60%
per tahun/
equivalent to 22 Maret/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2022 49.000 5.60% per year) March 2025 tempo/Bullet payment on due date
52,08% (setara
dengan 6,25%
per tahun/
equivalent to 22 Maret/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2022 98.000 6.25% per year) March 2027 tempo/Bullet payment on due date
* Tidak diaudit *Unaudited
13
472 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 475
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Penawaran umum efek utang Perseroan (lanjutan) c. Public offering of the Company’s debt securities
(continued)
Rincian nisbah bagi hasil dan jatuh tempo masing- Details of revenue sharing ratio and due date of each
masing seri sukuk mudharabah yang diterbitkan adalah serial of mudharabah bonds issued are as follows:
sebagai berikut: (lanjutan) (continued)
Tahun
penerbitan/ Nisbah bagi hasil/
Sukuk mudharabah/ Year of Nilai nominal/ Revenue sharing Jatuh tempo/ Cicilan pokok sukuk mudharabah/
Mudharabah bonds issuance Nominal value ratio Due date Mudharabah bonds installment .
Sukuk Mudharabah
Berkelanjutan V Tahap
I/Continuing Mudharabah
Bonds V Phase I
45,83% (setara
dengan 5,50%
per tahun/
equivalent to 17 Juli/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2023 64.000 5.50% per year) July 2024 tempo/Bullet payment on due date
50,00% (setara
dengan 6,00%
per tahun/
equivalent to 7 Juli/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2023 141.000 6.00% per year) July 2026 tempo/Bullet payment on due date
52,08% (setara
dengan 6,25%
per tahun/
equivalent to 7 Juli/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2023 95.000 6.25% per year) July 2028 tempo/Bullet payment on due date
Sukuk Mudharabah
Berkelanjutan V Tahap
II/Continuing
Mudharabah Bonds V
Phase II
51,25% (setara
dengan 6,15%
per tahun/ 19 November/
equivalent to November Pembayaran penuh pada saat jatuh
Seri A/Serial A 2023 251.170 6.15% per year) 2024 tempo/Bullet payment on due date
54,17% (setara
dengan 6,50%
per tahun/ 9 November/
equivalent to November Pembayaran penuh pada saat jatuh
Seri B/Serial B 2023 48.730 6.50% per year) 2026 tempo/Bullet payment on due date
54,58% (setara
dengan 6,55%
per tahun/ 9 November/
equivalent to November Pembayaran penuh pada saat jatuh
Seri C/Serial C 2023 100 6.55% per year) 2028 tempo/Bullet payment on due date
Sukuk Mudharabah
Berkelanjutan V Tahap
III/Continuing
Mudharabah Bonds V
Phase III
53,33% (setara
dengan 6,40%
per tahun/
equivalent to 13 Mei/ Pembayaran penuh pada saat jatuh
Seri A/Serial A 2024 338.980 6.40% per year) May 2025 tempo/Bullet payment on due date
* Tidak diaudit *Unaudited
14
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 473
Page 476
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
c. Penawaran umum efek utang Perseroan (lanjutan) c. Public offering of the Company’s debt securities
(continued)
Rincian nisbah bagi hasil dan jatuh tempo masing- Details of revenue sharing ratio and due date of each
masing seri sukuk mudharabah yang diterbitkan adalah serial of mudharabah bonds issued are as follows:
sebagai berikut: (lanjutan) (continued)
Tahun
penerbitan/ Nisbah bagi hasil/
Sukuk mudharabah/ Year of Nilai nominal/ Revenue sharing Jatuh tempo/ Cicilan pokok sukuk mudharabah/
Mudharabah bonds issuance Nominal value ratio Due date Mudharabah bonds installment .
Sukuk Mudharabah
Berkelanjutan V Tahap
III/Continuing
Mudharabah Bonds V
Phase III
(lanjutan/continued)
54,58% (setara
dengan 6,55%
per tahun/
equivalent to 3 Mei/ Pembayaran penuh pada saat jatuh
Seri B/Serial B 2024 39.005 6.55% per year) May 2027 tempo/Bullet payment on due date
55,42% (setara
dengan 6,65%
per tahun/
equivalent to 3 Mei/ Pembayaran penuh pada saat jatuh
Seri C/Serial C 2024 22.015 6.65% per year) May 2029 tempo/Bullet payment on due date
Perseroan menerbitkan obligasi dan sukuk mudharabah The Company issued bonds and mudharabah bonds for
dengan tujuan untuk membiayai kegiatan utama Perseroan the purpose of funding the Company’s main activity
yaitu pembiayaan konsumen dan pembiayaan murabahah. which is consumer financing and murabahah financing.
Perseroan dapat melakukan pembelian kembali (buy The Company can buy back part or all of the bonds and
back) untuk sebagian atau seluruh obligasi dan sukuk mudharabah bonds issued under a condition that such
mudharabah yang diterbitkan dengan ketentuan bahwa action can only be conducted after the first anniversary
hal tersebut hanya dapat dilaksanakan setelah ulang since the issuance date.
tahun pertama sejak tanggal emisi.
d. Dewan Komisaris dan Direksi d. Boards of Commissioners and Directors
Susunan Dewan Komisaris dan Direksi Perseroan pada The composition of the Company’s Boards of
tanggal 31 Desember 2024 adalah sebagai berikut: Commissioners and Directors as of 31 December 2024
are as follows:
Dewan Komisaris Board of Commissioners
Komisaris Utama Daisuke Ejima President Commissioner
Komisaris Independen Krisna Wijaya Independent Commissioner
Komisaris Independen Manggi Taruna Habir Independent Commissioner
Komisaris Eng Heng Nee Philip Commissioner
Komisaris Congsin Congcar Commissioner
Komisaris Hafid Hadeli Commissioner
Dewan Direksi Board of Directors
Direktur Utama I Dewa Made Susila President Director
Direktur Swandajani Gunadi Director
Direktur Niko Kurniawan Bonggowarsito Director
Direktur Harry Latif Director
Direktur Denny Riza Farib Director
Direktur Sigit Hendra Gunawan Director
Direktur Sylvanus Gani Kukuh Mendrofa Director
Direktur Takanori Mizuno Director
* Tidak diaudit *Unaudited
15
474 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 477
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
d. Dewan Komisaris dan Direksi (lanjutan) d. Boards of Commissioners and Directors (continued)
Susunan Dewan Komisaris dan Direksi Perseroan pada The composition of the Company’s Boards of
tanggal 31 Desember 2023 adalah sebagai berikut: Commissioners and Directors as of 31 December 2023
are as follows:
Dewan Komisaris Board of Commissioners
Komisaris Utama Daisuke Ejima President Commissioner
Komisaris Independen Krisna Wijaya Independent Commissioner
Komisaris Independen Manggi Taruna Habir Independent Commissioner
Komisaris Eng Heng Nee Philip Commissioner
Komisaris Congsin Congcar Commissioner
Komisaris Hafid Hadeli Commissioner
Dewan Direksi Board of Directors
Direktur Utama I Dewa Made Susila President Director
Direktur Swandajani Gunadi Director
Direktur Niko Kurniawan Bonggowarsito Director
Direktur Harry Latif Director
Direktur Jin Yoshida Director
Direktur Denny Riza Farib Director
e. Dewan Pengawas Syariah e. Sharia Supervisory Board
Susunan Dewan Pengawas Syariah pada tanggal The composition of the Sharia Supervisory Board as
31 Desember 2024 dan 2023 adalah sebagai berikut: of 31 Decemeber 2024 and 2023 are as follows:
Ketua Prof. Dr. H. Fathurrahman Djamil, MA Chairman
Anggota Prof. Dr. H. Noor Achmad, MA Member
Anggota Dr. Rini Fatma Kartika, M.H Member
f. Komite Audit dan Pemantau Risiko f. Audit and Risk Monitoring Committee
Susunan Komite Audit pada tanggal 31 Desember 2024 The composition of the Audit Committee as of
dan 2023 adalah sebagai berikut: 31 December 2024 and 2023 are as follows:
Ketua Manggi Taruna Habir Chairman
Anggota Jusuf Sukiman Member
Anggota Restiana Ie Tjoe Linggadjaya Member
Susunan Komite Pemantau Risiko pada tanggal The composition of the Risk Monitoring Committee
31 Desember 2024 dan 2023 adalah sebagai berikut: as of 31 December 2024 and 2023 are as follows:
Ketua Krisna Wijaya Chairman
Anggota Manggi Taruna Habir Member
Anggota Rio Erriad Member
g. Berdasarkan Surat Keputusan Direksi Perseoran No. g. Based on Directors’ Decision Letter of the Company No.
006/ADMF/BOD/IV/2024 tanggal 30 April 2024, 006/ADMF/BOD/IV/24 dated 30 April 2024, the
Sekretaris Perseroan pada tanggal 31 Desember 2024 Corporate Secretary as of 31 December 2024 is
adalah Veronika Dyah Puspitaningrum. Sedangkan Veronika Dyah Puspitaningrum. While based on
berdasarkan Surat Keputusan Direksi Perseroan Directors’ Decision Letter of the Company
No. 036/ADMF/BOD/X/17 tanggal 15 Oktober 2017, No. 036/ADMF/BOD/X/17 dated 15 October 2017, the
Sekretaris Perseroan pada tanggal 31 Desember 2023 Corporate Secretary as of 31 December 2023 is Perry
adalah Perry Barman Slangor. Barman Slangor.
h. Berdasarkan Surat Keputusan Bersama Direksi h. Based on Joint Decision Letter of the Board of Directors
dan Dewan Komisaris Perseroan No. and Commissioners of the Company
013/ADMF/BOD/VII/18 tanggal 11 Juli 2018, Kepala Unit No. 013/ADMF/BOD/VII/18 dated 11 July 2018, the Head
Audit Internal Perseroan pada tanggal of Internal Audit Unit as of 31 December 2024 and 2023
31 Desember 2024 dan 2023 adalah Haryadwi Saputra is Haryadwi Saputra Kartawidjaja.
Kartawidjaja.
* Tidak diaudit *Unaudited
16
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 475
Page 478
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
1. INFORMASI UMUM (lanjutan) 1. GENERAL INFORMATION (continued)
i. Pada tanggal 31 Desember 2024 dan 2023, Perseroan i. As of 31 December 2024 and 2023, the Company has
mempunyai 14.969 dan 14.719 karyawan tetap; dan 14,969 and 14,719 permanent employees; and 2,121
2.121 dan 2.518 karyawan tidak tetap (tidak diaudit). and 2,518 non-permanent employees (unaudited).
j. Manajemen bertanggungjawab atas penyusunan j. Management is responsible for the preparation of the
laporan keuangan Perseroan yang diotorisasi untuk financial statements of the Company which were
terbit oleh Dewan Direksi pada tanggal 13 Februari authorised for issuance by the Board of Directors on
2025. 13 February 2025.
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
Kebijakan akuntansi material, yang diterapkan dalam The material accounting policies, applied in the preparation
penyusunan laporan keuangan Perseroan pada tanggal of the Company’s financial statements as of and the years
dan untuk tahun yang berakhir 31 Desember 2024 dan 2023 ended 31 December 2024 and 2023 were as follows:
adalah sebagai berikut:
a. Pernyataan kepatuhan a. Statement of compliance
Laporan keuangan pada tanggal 31 Desember 2024 dan The financial statements as of 31 December 2024 and
2023 disusun dan disajikan sesuai dengan Standar 2023 are prepared and presented in accordance with
Akuntansi Keuangan di Indonesia yang diterbitkan oleh Indonesian Financial Accounting Standards as issued by
Dewan Standar Akuntansi Keuangan (termasuk Dewan the Financial Accounting Standards Board (including the
Standar Akuntansi Syariah Indonesia) dan peraturan Indonesia Sharia Accounting Standards Board) and the
regulator Pasar Modal No. VIII.G.7 tentang “Penyajian Capital Market Regulation No. VIII.G.7 regarding “Issuer
dan Pengungkapan Laporan Keuangan Emiten atau or Public Company’s Financial Statements Presentation
Perusahaan Publik”. and Disclosure Guidelines”.
b. Dasar penyusunan dan penyajian laporan keuangan b. Basis for preparation and presentation of the
financial statements
Laporan keuangan, kecuali laporan arus kas, disusun The financial statements, except the statement of cash
atas dasar akrual dan biaya historis, kecuali dinyatakan flows, were prepared on the accrual basis and the
khusus. historical cost basis, unless otherwise specified.
Laporan arus kas disusun dengan menggunakan The statement of cash flows are prepared based on the
metode langsung dengan mengelompokkan arus kas ke direct method by classifying cash flows on the basis of
dalam aktivitas operasi, investasi dan pendanaan. operating, investing and financing activities.
Seluruh angka dalam laporan keuangan ini dibulatkan Figures in the financial statements are rounded to and
menjadi dan disajikan dalam jutaan Rupiah yang expressed in millions of Rupiah, unless otherwise stated.
terdekat, kecuali dinyatakan lain.
Dalam penyusunan laporan keuangan sesuai dengan The preparation of the financial statements in conformity
Standar Akuntansi Keuangan di Indonesia, dibutuhkan with Indonesian Financial Accounting Standards
pertimbangan, estimasi dan asumsi yang requires the use of judgments, estimates and
mempengaruhi: assumptions that affect:
- penerapan kebijakan akuntansi; - the application of accounting policies;
- jumlah aset dan liabilitas yang dilaporkan, dan - the reported amounts of assets and liabilities and
pengungkapan atas aset dan liabilitas kontinjensi disclosure of contingent assets and liabilities at the
pada tanggal laporan keuangan; date of the financial statements;
- jumlah pendapatan dan beban yang dilaporkan - the reported amounts of income and
selama periode pelaporan. expenses during the reporting period.
Walaupun estimasi ini dibuat berdasarkan pengetahuan Although these estimates are based on management’s
terbaik manajemen atas kejadian dan tindakan saat ini, best knowledge of current events and activities, actual
hasil aktual mungkin berbeda dengan jumlah yang results may differ from those estimates.
diestimasi semula.
Estimasi dan asumsi yang digunakan ditelaah secara Estimates and underlying assumptions are reviewed on
berkesinambungan. Revisi atas estimasi akuntansi an ongoing basis. Revisions to accounting estimates are
diakui pada periode dimana estimasi tersebut direvisi recognised in the period in which the estimate is revised
dan periode-periode yang akan datang yang dipengaruhi and in any future periods affected.
oleh revisi estimasi tersebut.
* Tidak diaudit *Unaudited
17
476 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 479
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
b. Dasar penyusunan dan penyajian laporan keuangan b. Basis for preparation and presentation of the
(lanjutan) financial statements (continued)
Secara khusus, informasi mengenai hal-hal penting yang In particular, information about material areas of
terkait dengan ketidakpastian estimasi dan estimation uncertainty and critical judgments in applying
pertimbangan penting dalam penerapan kebijakan accounting policies that have material effect on the
akuntansi yang memiliki dampak yang material terhadap amount recognised in the financial statements are
jumlah yang diakui dalam laporan keuangan dijelaskan described in Note 3.
dalam Catatan 3.
Mata uang penyajian yang digunakan dalam The presentation currency used in the financial
penyusunan laporan keuangan ini adalah mata uang statements is Rupiah, which is the functional currency.
Rupiah, yang merupakan mata uang fungsional.
c. Perubahan standar akuntansi c. Changes of accounting standard
Dewan Standar Akuntansi Keuangan (DSAK) dan Dewan Financial Accounting Standards Board (DSAK) and
Standar Akuntansi Syariah (DSAS) telah menerbitkan Sharia Accounting Standards Board (DSAS) have issued
standar baru, amandemen dan interpretasi yang berlaku the following new standards, amendments and
efektif pada tanggal 1 Januari 2024 sebagai berikut: interpretations which are effective as at 1 January 2024
as follows:
• Amandemen PSAK 201 "Penyajian Laporan • Amendment to SFAS 201 "Presentation of Financial
Keuangan" Statement"
• Amendemen PSAK 116 "Sewa" • Amendment to SFAS 116 "Lease"
• Amendemen PSAK 207 "Laporan Arus Kas" • Amendment to SFAS 207 "Statement of Cash
Flows"
• Amandemen PSAK 107 "Instrumen Keuangan: • Amendment to SFAS 107 "Financial Instruments:
Pengungkapan" Disclosures"
Implementasi dari standar-standar tersebut tidak The implementation of the above standards did not result
menghasilkan perubahan kebijakan akuntansi Perseroan in changes to the Company’s accounting policies and
dan tidak memiliki dampak yang material terhadap jumlah had no material impact on the amounts reported for
yang dilaporkan di tahun berjalan atau tahun current year or prior year.
sebelumnya.
d. Aset dan liabilitas keuangan d. Financial assets and liabilities
d.1. Klasifikasi d.1. Classification
Perseroan mengklasifikasikan aset dan liabilitas The Company classifies the financial assets and
keuangan ke dalam klasifikasi berikut: liabilities into classes below:
Sub-golongan/
Kategori/Categories Golongan/Classes
Sub-classes
Kas dan setara
kas/Cash and cash Kas di bank/Cash in banks
equivalents
Piutang pembiayaan konsumen/Consumer financing receivables
Piutang pembiayaan murabahah/Murabahah financing
Aset receivables
Aset keuangan yang diukur dengan biaya
keuangan/
perolehan diamortisasi/Financial assets Piutang sewa pembiayaan/Finance lease receivables
Financial
measured at amortised cost
assets
Piutang karyawan/Employee
receivables
Piutang lain-lain/Other Piutang komisi asuransi/Insurance
receivables commission receivables
Piutang klaim asuransi/Insurance
claims receivables
* Tidak diaudit *Unaudited
18
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 477
Page 480
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
d.1. Klasifikasi (lanjutan) d.1. Classification (continued)
Perseroan mengklasifikasikan aset dan liabilitas The Company classifies the financial assets and
keuangan ke dalam klasifikasi berikut: (lanjutan) liabilities into classes below: (continued)
Sub-golongan/
Kategori/Categories Golongan/Classes
Sub-classes
Investasi dalam saham/Investment in shares
Aset Aset keuangan yang diukur pada nilai wajar
Instrumen lindung
keuangan/ melalui penghasilan komprehensif Aset derivatif - lindung nilai atas arus
nilai atas arus
Financial lain/Financial assets measured at fair value kas (lihat Catatan 2i)/Derivatives
kas/Hedging
assets through other comprehensive income assets - hedging instruments in cash
instruments in cash
flow hedges (see Note 2i)
flow hedges
Pinjaman yang diterima/Borrowings
Bunga yang masih harus
dibayar/Accrued interest
Beban yang masih Bagi hasil sukuk mudharabah yang
harus dibayar/ masih harus dibayar/Accrued revenue
Accrued expenses sharing for mudharabah bonds
Liabilitas keuangan yang diukur pada biaya Marjin mudharabah yang masih harus
perolehan diamortisasi/Financial liabilities dibayar/Accrued mudharabah margin
Liabilitas measured at amortised cost
keuangan/ Utang obligasi/Bonds payable
Financial Utang kepada dealer/Payable to
liabilities Utang lain-lain/Other dealers
payables Utang premi asuransi/Insurance
premium payables
Sukuk mudharabah/Mudharabah bonds
Instrumen lindung
Liabilitas keuangan yang diukur pada nilai Liabilitas derivatif - lindung nilai atas
nilai atas arus
wajar melalui penghasilan komprehensif arus kas (lihat Catatan 2i)/Derivatives
kas/Hedging
lain/Financial liabilities measured at fair liabilities - hedging instruments in
instruments in cash
value through other comprehensive income cash flow hedges (see Note 2i)
flow hedges
Aset keuangan diklasifikasikan menjadi kategori Financial assets are classified into these categories
tersebut di atas berdasarkan model bisnis dimana aset based on the business model within which they are
keuangan tersebut dimiliki, dan karakteristik arus kas held, and their contractual cash flow characteristics.
kontraktualnya. Model bisnis merefleksikan The business model reflects how groups of financial
bagaimana kelompok aset keuangan dikelola untuk assets are managed to achieve a particular business
mencapai tujuan bisnis tertentu. objective.
Aset keuangan hanya dapat dikategorikan sebagai Financial assets can only be classified at amortized
biaya perolehan diamortisasi jika instrumen dimiliki cost if the instruments are held in order to collect the
dalam rangka mendapatkan arus kas kontraktual contractual cash flows (“hold to collect”), and where
(“hold to collect”), dan dimana arus kas kontraktual those contractual cash flows are solely payments of
tersebut semata dari pembayaran pokok dan bunga principal and interest (SPPI). ‘Principal’ is defined as
(SPPI). ‘Pokok’ didefinisikan sebagai nilai wajar dari the fair value of the financial asset on initial
aset keuangan pada pengakuan awal. ‘Bunga’ recognition. ‘Interest’ is defined as consideration for:
didefinisikan sebagai:
- imbalan untuk nilai waktu atas uang; - the time value of money;
- risiko kredit yang terkait dengan jumlah pokok - credit risk associated with the principal amount
yang terutang selama periode waktu tertentu; outstanding during a particular period of time;
- risiko dan biaya pinjaman dasar lainnya - other basic lending risks and costs (e.g. liquidity
(misalnya risiko likuiditas dan biaya risk and administrative costs); and
administrasi); dan
- marjin keuntungan. - profit margin.
* Tidak diaudit *Unaudited
19
478 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 481
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
d.1. Klasifikasi (lanjutan) d.1. Classification (continued)
Dalam menilai apakah arus kas kontraktual adalah In assessing whether the contractual cash flows are
SPPI, Perseroan mempertimbangkan ketentuan SPPI, the Company considers the contractual terms
kontraktual instrumen tersebut. Hal ini termasuk of the instrument. This includes assessing whether
menilai apakah aset keuangan mengandung the financial asset contains a contractual term that
ketentuan kontraktual yang dapat mengubah waktu could change the timing or amount of contractual
atau jumlah arus kas kontraktual sehingga tidak cash flows such that it would not meet this condition.
memenuhi kondisi ini. Dalam melakukan penilaian, In making the assessment, the Company considers
Perseroan mempertimbangkan ketentuan prepayment and extension terms.
percepatan pelunasan dan perpanjangan.
d.2. Pengakuan d.2. Recognition
Perseroan pada awalnya mengakui aset keuangan The Company initially recognises financial assets
dan liabilitas keuangan pada tanggal perolehan. and financial liabilities on the date of origination.
Perseroan menggunakan akuntansi tanggal The Company uses settlement date accounting
penyelesaian ketika mencatat transaksi aset when recording financial assets transactions.
keuangan.
Pada saat pengakuan awal, aset keuangan atau At initial recognition, the Company’s financial assets
liabilitas keuangan Perseroan diukur pada nilai or financial liabilities are measured at fair values
wajar ditambah/dikurangi biaya transaksi yang plus/minus transaction costs that are directly
dapat diatribusikan secara langsung atas perolehan attributable to the acquisition of financial assets or
aset keuangan atau penerbitan liabilitas keuangan. issuance of financial liabilities. The subsequent
Pengukuran aset keuangan dan liabilitas keuangan measurement of financial assets and financial
setelah pengakuan awal tergantung pada klasifikasi liabilities depends on their classification.
aset keuangan dan liabilitas keuangan tersebut.
Biaya transaksi hanya meliputi biaya-biaya yang Transaction costs include only those costs that are
dapat diatribusikan secara langsung untuk directly attributable to the acquisition of a financial
perolehan suatu aset keuangan atau penerbitan asset or issuance of a financial liability and they are
suatu liabilitas keuangan dan merupakan biaya incremental costs that would not have been
tambahan yang tidak akan terjadi apabila instrumen incurred if the instrument had not been acquired or
keuangan tersebut tidak diperoleh atau diterbitkan. issued. In the case of financial assets, transaction
Untuk aset keuangan, biaya transaksi ditambahkan costs are added to the amount recognised initially,
pada jumlah yang diakui pada awal pengakuan while for financial liabilities, transaction costs are
aset, sedangkan untuk liabilitas keuangan, biaya deducted from the amount of debt recognised
transaksi dikurangkan dari jumlah utang yang diakui initially. Such transaction costs are amortised over
pada awal pengakuan kewajiban. Biaya transaksi the terms of the instruments based on the effective
tersebut diamortisasi selama umur instrumen interest method and are recorded as part of
berdasarkan metode suku bunga efektif dan dicatat consumer financing, murabahah margin and
sebagai bagian dari pendapatan pembiayaan finance leases income for transaction costs related
konsumen, marjin murabahah dan sewa to financial assets and as part of interest expenses
pembiayaan untuk biaya transaksi sehubungan for transaction costs related to financial liabilities.
dengan aset keuangan dan sebagai bagian dari
beban bunga untuk biaya transaksi sehubungan
dengan liabilitas keuangan.
Setelah pengakuan awal, aset keuangan yang Subsequent to initial recognition, financial assets
diklasifikasikan sebagai biaya perolehan classified as amortised cost are measured at
diamortisasi dicatat sebesar biaya perolehan amortised cost (see Note 2d.5) using the effective
diamortisasi (lihat Catatan 2d.5) dengan interest method. While financial assets measured at
menggunakan metode suku bunga efektif. fair value through other comprehensive income are
Sedangkan aset keuangan yang diukur pada nilai measured at fair value.
wajar melalui penghasilan komprehensif lain dicatat
sebesar nilai wajar.
Setelah pengakuan awal, liabilitas keuangan Subsequent to initial recognition, financial liabilities
dicatat pada biaya perolehan diamortisasi (lihat are measured at amortised cost (see Note 2d.5)
Catatan 2d.5) dengan menggunakan metode suku using the effective interest method.
bunga efektif.
* Tidak diaudit *Unaudited
20
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 479
Page 482
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
d.3. Penghentian pengakuan d.3. Derecognition
Perseroan menghentikan pengakuan aset The Company derecognises a financial asset when
keuangan pada saat hak kontraktual atas arus kas the contractual rights to the cash flows from the
yang berasal dari aset keuangan tersebut asset expire, or when the Company transfers the
kadaluwarsa, atau pada saat Perseroan rights to receive the contractual cash flows on the
mentransfer seluruh hak untuk menerima arus kas financial asset in a transaction in which
kontraktual dari aset keuangan dalam transaksi substantially all the risks and rewards of ownership
dimana Perseroan secara substansial telah of the financial asset are transferred. Any rights and
mentransfer seluruh risiko dan manfaat atas obligations in transferred financial assets that are
kepemilikan aset keuangan yang ditransfer. Setiap created or retained by the Company are recognised
hak atau kewajiban atas aset keuangan yang as a separate asset or liability.
ditransfer yang timbul atau yang masih dimiliki oleh
Perseroan diakui sebagai aset atau liabilitas secara
terpisah.
Perseroan menghentikan pengakuan liabilitas The Company derecognises a financial liability
keuangan pada saat kewajiban yang ditetapkan when its contractual obligations are discharged or
dalam kontrak dilepaskan atau dibatalkan atau cancelled or expired.
kadaluwarsa.
Dalam transaksi dimana Perseroan secara In transactions where the Company neither retains
substansial tidak memiliki atau tidak mentransfer nor transfers substantially all the risks and rewards
seluruh risiko dan manfaat atas kepemilikan aset of ownership of a financial asset, the Company
keuangan, Perseroan menghentikan pengakuan derecognises the asset if it does not retain control
aset tersebut jika Perseroan tidak lagi memiliki over the asset. The rights and obligations retained in
pengendalian atas aset tersebut. Hak dan the transfer are recognised separately as assets and
kewajiban yang timbul atau yang masih dimiliki liabilities as appropriate. In transfers where control
dalam transfer tersebut diakui secara terpisah over the asset is retained, the Company continues to
sebagai aset atau liabilitas. Dalam transfer dimana recognise the asset to the extent of its continuing
pengendalian atas aset masih dimiliki, Perseroan involvement, determined by the extent to which it is
tetap mengakui aset yang ditransfer tersebut exposed to changes in the value of the transferred
sebesar keterlibatan berkelanjutan, yang ditentukan asset.
oleh besarnya perubahan nilai aset yang ditransfer.
Perseroan menghapuskan aset keuangan ketika The Company writes off a financial asset when there
ada informasi yang menunjukkan bahwa tidak ada is information indicating that there is no realistic
prospek pemulihan yang realistis atas aset prospect of recovery, e.g. consumer financing
keuangan tersebut, contoh saldo piutang receivable, murabahah financing receivables and
pembiayaan konsumen, piutang pembiayaan finance lease receivables are over 180 days past
murabahah dan piutang sewa pembiayaan yang due, since it is considered there is no realistic
telah menunggak lebih dari 180 hari, karena prospect of recovery and uncollectible. The
dianggap tidak ada prospek pemulihan yang Company continues to collect the written off financial
realistis dan tidak dapat ditagih lagi. Perseroan asset align with the applicable law. Any recoveries
tetap melakukan usaha penagihan aset keuangan made are recognized in profit or loss.
yang telah dihapuskan sesuai dengan hukum yang
berlaku. Setiap pemulihan yang terjadi diakui dalam
laba rugi.
d.4. Saling hapus d.4. Offsetting
Aset keuangan dan liabilitas keuangan saling hapus Financial assets and financial liabilities shall be
dan nilai netonya disajikan dalam laporan posisi offset and the net amount is presented in the
keuangan jika, dan hanya jika, Perseroan memiliki statement of financial position when and only when,
hak yang berkekuatan hukum untuk melakukan the Company has a legally enforceable right to set
saling hapus atas jumlah yang telah diakui tersebut off the amounts and intends either to settle on a net
dan berniat untuk menyelesaikan secara neto atau basis or to realise the asset and settle the liability
untuk merealisasikan aset dan menyelesaikan simultaneously. The legally enforceable right must
liabilitasnya secara simultan. Hak yang berkekuatan not be contingent on future events and must be
hukum bukan bersifat kontinjen untuk suatu enforceable in the normal course of business and in
peristiwa dimasa depan dan harus dapat the event of default, insolvency or bankruptcy of the
dipaksakan secara hukum baik dalam situasi bisnis Company or the counterparty.
yang normal, atau dalam peristiwa gagal bayar,
atau peristiwa kepailitan, atau kebangkrutan dari
Perseroan atau pihak lawan.
Pendapatan dan beban disajikan dalam jumlah neto Income and expense are presented on a net basis
hanya jika diperkenankan oleh standar akuntansi. only when permitted by accounting standards.
* Tidak diaudit *Unaudited
21
480 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 483
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
d.5. Pengukuran biaya perolehan diamortisasi d.5. Amortised cost measurement
Biaya perolehan diamortisasi dari aset keuangan The amortised cost of a financial asset or financial
atau liabilitas keuangan adalah jumlah aset atau liability is the amount at which the financial asset or
liabilitas keuangan yang diukur pada saat liability is measured at initial recognition, minus
pengakuan awal dikurangi pembayaran pokok, principal repayments, plus or minus the cumulative
ditambah atau dikurangi dengan amortisasi amortisation using the effective interest method of
kumulatif dengan menggunakan metode suku any difference between the initial amount and the
bunga efektif yang dihitung dari selisih antara nilai maturity amount, minus any reduction for
awal dan nilai jatuh temponya, dikurangi penyisihan impairment.
kerugian penurunan nilai.
Suku bunga efektif adalah suku bunga yang secara The effective interest rate is the rate that exactly
tepat mendiskontokan estimasi pembayaran dan discounts the estimated future cash payments and
penerimaan kas di masa datang selama perkiraan receipts through the expected life of the financial
umur dari aset keuangan atau liabilitas keuangan asset or financial liability (or, where appropriate, a
(atau, jika lebih tepat, digunakan periode yang lebih shorter period) to the carrying amount of the
singkat) untuk memperoleh nilai tercatat dari aset financial asset or financial liability. When calculating
keuangan atau liabilitas keuangan. Pada saat the effective interest rate, the Company estimates
menghitung suku bunga efektif, Perseroan future cash flows considering all contractual terms
mengestimasi arus kas di masa datang dengan of the financial instrument, but not future credit
mempertimbangkan seluruh persyaratan kontraktual losses.
dalam instrumen keuangan tersebut, tetapi tidak
mempertimbangkan kerugian di masa mendatang.
Perhitungan suku bunga efektif mencakup seluruh The calculation of the effective interest rate includes
fees dan costs yang diterima atau dibayarkan yang all fees and costs received or paid that are an
merupakan bagian tak terpisahkan dari suku bunga integral part of the effective interest rate, including
efektif, termasuk biaya transaksi. transaction costs.
d.6. Pengukuran nilai wajar d.6. Fair value measurement
Nilai wajar adalah harga yang akan diterima untuk Fair value is the price that would be received to sell
menjual suatu aset atau harga yang akan dibayar an asset or paid to transfer a liability in an orderly
untuk mengalihkan suatu liabilitas dalam transaksi transaction between market participants at the
teratur (orderly transaction) antara pelaku pasar measurement date in the principal market or, in its
(market participants) pada tanggal pengukuran di absence, the most advantageous market to which
pasar utama atau, jika tidak terdapat pasar utama, di the Company has access at that date. The fair value
pasar yang paling menguntungkan dimana of a liability reflects its non-performance risk.
Perseroan memiliki akses pada tanggal tersebut.
Nilai wajar liabilitas mencerminkan risiko
wanprestasinya.
Jika tersedia, Perseroan mengukur nilai wajar When available, the Company measures the fair
instrumen keuangan dengan menggunakan harga value of an instrument using quoted prices in an
kuotasi di pasar aktif untuk instrumen tersebut. active market for that instrument. A market is
Suatu pasar dianggap aktif jika harga kuotasi regarded as active if quoted prices are readily and
sewaktu-waktu dan secara berkala tersedia dan regularly available and represent actual and
mencerminkan transaksi pasar yang aktual dan rutin regularly occurring market transactions on an arm's
dalam suatu transaksi yang wajar. length basis.
* Tidak diaudit *Unaudited
22
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 481
Page 484
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
d.6. Pengukuran nilai wajar (lanjutan) d.6. Fair value measurement (continued)
Jika pasar untuk suatu instrumen keuangan tidak If a market for a financial instrument is not active,
aktif, Perseroan menentukan nilai wajar dengan the Company establishes fair value using
menggunakan teknik penilaian. Teknik penilaian a valuation technique. Valuation techniques include
mencakup penggunaan transaksi pasar terkini yang using recent arm's length transactions between
dilakukan secara wajar oleh pihak-pihak yang knowledgeable and willing parties, and if available,
memahami, berkeinginan, dan jika tersedia, reference to the current fair value of other
referensi atas nilai wajar terkini dari instrumen lain instruments that are substantially the same,
yang secara substansial sama, penggunaan analisa discounted cash flows analysis and option pricing
arus kas yang didiskonto dan penggunaan model models. The chosen valuation technique makes
penetapan harga opsi (option pricing model). Teknik maximum use of market inputs, relies as little as
penilaian yang dipilih memaksimalkan penggunaan possible on estimates specific to the Company,
input pasar, dan meminimalkan penggunaan incorporates all factors that market participants
taksiran yang bersifat spesifik dari Perseroan, would consider in setting a price, and is consistent
memasukkan semua faktor yang akan with accepted economic methodologies for pricing
dipertimbangkan oleh para pelaku pasar dalam financial instruments. Inputs to valuation techniques
menetapkan suatu harga dan konsisten dengan reasonably represent market expectations and
metodologi ekonomi yang diterima dalam penetapan measures of the risk-return factors inherent in the
harga instrumen keuangan. Input yang digunakan financial instrument. The Company calibrates
dalam teknik penilaian secara memadai valuation techniques and tests them for validity
mencerminkan ekspektasi pasar dan ukuran atas using prices from observable current market
faktor risiko dan pengembalian (risk-return) yang transactions in the same instrument or based on
melekat pada instrumen keuangan. Perseroan other available observable market data.
mengkalibrasi teknik penilaian dan menguji
validitasnya dengan menggunakan harga-harga dari
transaksi pasar terkini yang dapat diobservasi untuk
instrumen yang sama atau atas dasar data pasar
lainnya yang tersedia yang dapat diobservasi.
Bukti terbaik atas nilai wajar instrumen keuangan The best evidence of the fair value of a financial
pada saat pengakuan awal adalah harga transaksi, instrument at initial recognition is the transaction
yaitu nilai wajar dari pembayaran yang diberikan price, i.e., the fair value of the consideration given
atau diterima, kecuali jika nilai wajar dari instrumen or received, unless the fair value of that instrument
keuangan tersebut ditentukan dengan perbandingan is evidenced by comparison with the other
dengan transaksi pasar terkini yang dapat observable current market transactions in the same
diobservasi dari suatu instrumen yang sama (yaitu instrument (i.e., without modification or
tanpa modifikasi atau pengemasan ulang), atau repackaging), or based on a valuation technique
berdasarkan suatu teknik penilaian yang variabelnya
whose variables include only data from observable
hanya menggunakan data dari pasar yang dapat
markets. When transaction price provides the best
diobservasi. Jika harga transaksi memberikan bukti
terbaik atas nilai wajar pada saat pengakuan awal, evidence of fair value at initial recognition, the
maka instrumen keuangan pada awalnya diukur financial instrument is initially measured at the
pada harga transaksi dan selisih antara harga transaction price and any difference between this
transaksi dan nilai yang sebelumnya diperoleh dari price and the value initially obtained from a
model penilaian diakui dalam laporan laba rugi valuation model is subsequently recognised in the
setelah pengakuan awal tergantung pada masing- statement of profit or loss depending on the
masing fakta dan keadaaan dari transaksi tersebut individual facts and circumstances of the
namun tidak lebih lambat dari saat penilaian tersebut transaction but not later than when the valuation is
didukung sepenuhnya oleh data pasar yang dapat supported wholly by observable market data or the
diobservasi atau saat transaksi ditutup. transaction is closed out.
* Tidak diaudit *Unaudited
23
482 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 485
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) (continued)
d. Aset dan liabilitas keuangan (lanjutan) d. Financial assets and liabilities (continued)
d.6. Pengukuran nilai wajar (lanjutan) d.6. Fair value measurement (continued)
Nilai wajar mencerminkan risiko kredit atas Fair values reflect the credit risk of the financial
instrumen keuangan dan termasuk penyesuaian instruments and include adjustments to take into
yang dilakukan untuk memasukkan risiko kredit account the credit risk of the Company and
Perseroan dan pihak lawan, mana yang lebih counterparty where appropriate. Fair value
sesuai. Taksiran nilai wajar yang diperoleh dari estimates obtained from models are adjusted for any
model penilaian akan disesuaikan untuk other factors, such as liquidity risk or valuation
mempertimbangkan faktor-faktor lainnya, seperti model uncertainties, to the extent that the Company
risiko likuiditas atau ketidakpastian model penilaian, believes a third-party market participation would
sepanjang Perseroan yakin bahwa keterlibatan take them into account in pricing a transaction.
suatu pasar pihak ketiga akan mempertimbangkan
faktor-faktor tersebut dalam penetapan harga suatu
transaksi.
Perseroan mengukur nilai wajar untuk instrumen The Company measures fair value for financial
keuangan yang diakui pada nilai wajar dengan instrument recognised at fair values using the
menggunakan tingkat hirarki berikut ini: following hierarchy level:
- Tingkat 1: Harga kuotasi di pasar yang aktif - Level 1: Quoted market price in an active market
untuk instrumen keuangan yang sejenis, for an identical instrument,
- Tingkat 2: Teknik penilaian berdasarkan input - Level 2: Valuation techniques based on
yang dapat diobservasi, observable inputs,
- Tingkat 3: Teknik penilaian menggunakan input - Level 3: Valuation techniques using significant
signifikan yang tidak dapat diobservasi. unobservable inputs.
e. Kas dan setara kas e. Cash and cash equivalents
Kas dan setara kas terdiri dari kas, kas di bank dan Cash and cash equivalents consist of cash on hand, cash
deposito berjangka yang jatuh tempo dalam waktu in banks and time deposits with a maturity period of 3
3 bulan atau kurang sejak tanggal penempatan, months or less since the date of placement, as long as
sepanjang deposito berjangka tersebut tidak digunakan these time deposits are not pledged as collaterals for
sebagai jaminan atas pinjaman yang diterima, serta tidak borrowings nor restricted.
dibatasi penggunaannya.
f. Piutang pembiayaan konsumen, piutang f. Consumer financing receivables, murabahah
pembiayaan murabahah dan piutang sewa financing receivables and finance lease receivables
pembiayaan
f.1. Piutang pembiayaan konsumen f.1. Consumer financing receivables
Piutang pembiayaan konsumen diklasifikasikan Consumer financing receivables are classified as
sebagai aset keuangan yang diukur dengan biaya financial assets measured at amortised cost, and
perolehan diamortisasi, dan setelah pengakuan subsequent to initial recognition, are carried at
awal, dicatat pada biaya perolehan diamortisasi amortised cost using the effective interest method
dengan menggunakan metode suku bunga efektif (see Note 2d.5).
(lihat Catatan 2d.5).
Pendapatan pembiayaan konsumen yang belum Unearned consumer financing income represents
diakui merupakan selisih antara jumlah keseluruhan the difference between total installments to be
pembayaran angsuran yang akan diterima dari received from the consumer and the principal
konsumen dan jumlah pokok pembiayaan, yang amount financed, which is recognised as income
diakui sebagai pendapatan selama jangka waktu over the term of the contract based on effective
kontrak berdasarkan tingkat suku bunga efektif dari interest rate of the related consumer financing
piutang pembiayaan konsumen. receivable.
Penyelesaian kontrak sebelum masa pembiayaan Early termination of a contract is treated as
konsumen berakhir diperlakukan sebagai a cancellation of an existing contract and the
pembatalan kontrak pembiayaan konsumen dan resulting gain, if any, is recognised in the current
jika terdapat, keuntungan yang timbul diakui dalam year profit or loss.
laba rugi tahun berjalan.
* Tidak diaudit *Unaudited
24
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 483
Page 486
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
f. Piutang pembiayaan konsumen, piutang f. Consumer financing receivables, murabahah
pembiayaan murabahah dan piutang sewa financing receivables and finance lease receivables
pembiayaan (lanjutan) (continued)
f.1. Piutang pembiayaan konsumen (lanjutan) f.1. Consumer financing receivables (continued)
Piutang pembiayaan konsumen akan Consumer financing receivables will be written-off
dihapusbukukan setelah menunggak lebih dari 180 when they are overdue for more than 180 days.
hari. Penerimaan dari piutang yang telah Recoveries from written-off receivables are
dihapusbukukan diakui sebagai pendapatan lain- recognised as other income upon receipt.
lain pada saat diterima.
Restrukturisasi pembiayaan konsumen berupa Restructuring of consumer financing is a non
modifikasi persyaratan kredit non substantial yang substantial modification of the terms of the loans
tidak menghasilkan penghentian pengakuan. which does not result in derecognition. Restructured
Pembiayaan yang direstrukturisasi disajikan financing are stated at present value of discounted
sebesar nilai kini atas arus kas kontraktual setelah contractual cash flows after restructuring using initial
restrukturisasi yang didiskontokan menggunakan effective interest rate. Differences arising from the
suku bunga efektif awal. Selisih antara jumlah gross carrying value of the consumer financing
tercatat bruto piutang pembiayaan konsumen pada receivables at the time of restructuring with present
tanggal restrukturisasi dengan nilai kini arus value of contractual cash flows after restructuring
kas kontraktual setelah restrukturisasi diakui dalam are recognized to profit or loss.
laba rugi.
Fee dan biaya yang timbul dari restrukturisasi Fee and cost arising from the restructuring adjust
menyesuaikan nilai tercatat bruto setelah modifikasi the gross carrying amount after modification and
dan diamortisasi sepanjang sisa tenor. amortised along remaining tenor.
Setelah restrukturisasi, seluruh arus kas kontraktual Thereafter, all the contractual cash flows under the
dalam persyaratan baru dicatat sebagai new terms shall be accounted for as the repayment
pengembalian pokok pembiayaan yang diberikan of principal and interest income, in accordance with
dan pendapatan bunga sesuai dengan syarat-syarat the restructuring scheme.
restrukturisasi.
f.2. Piutang pembiayaan murabahah f.2. Murabahah financing receivables
Kontrak murabahah adalah akad jual-beli barang Murabahah contract is sell-buy goods contract with
dengan harga jual sebesar biaya perolehan selling price amounting to acquisition cost plus
ditambah keuntungan yang disepakati dan agreed margin, and the Company must disclose the
Perseroan harus mengungkapkan biaya perolehan acquisition cost to consumer. When the murabahah
barang tersebut kepada konsumen. Pada saat akad contract is signed, murabahah financing receivables
murabahah, piutang pembiayaan murabahah diakui are recognised at acquisition cost plus agreed
sebesar biaya perolehan ditambah keuntungan margin. Murabahah margin is recognised over the
(marjin). Keuntungan murabahah diakui selama year of the contract based on margin of the
tahun akad berdasarkan pengakuan marjin dari murabahah financing receivables.
piutang pembiayaan murabahah.
Akad murabahah secara substansi merupakan Substantially, murabahah contract is a financing
suatu pembiayaan, sehingga pengakuan marjin transaction, so that margin recognition is based on
dilakukan berdasarkan standar yang mengatur standards which regulate financing transaction, as
pembiayaan, seperti yang disebutkan di kebijakan mentioned in consumer financing policy.
pembiayaan konsumen.
Piutang pembiayaan murabahah akan Murabahah financing receivables will be written-off
dihapusbukukan setelah menunggak lebih dari 180 when they are overdue for more than 180 days.
hari. Penerimaan dari piutang yang telah Recoveries from written-off receivables are
dihapusbukukan diakui sebagai pendapatan lain- recognised as other income upon receipt.
lain pada saat diterima.
* Tidak diaudit *Unaudited
25
484 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 487
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
f. Piutang pembiayaan konsumen, piutang f. Consumer financing receivables, murabahah
pembiayaan murabahah dan piutang sewa financing receivables and finance lease receivables
pembiayaan (lanjutan) (continued)
f.2. Piutang pembiayaan murabahah (lanjutan) f.2. Murabahah financing receivables (continued)
Dalam hal restrukturisasi piutang pembiayaan In term of restructuring of murabahah financing
murabahah dilakukan dengan modifikasi receivables through non substantial modification of
persyaratan pembiayaan non substansial yang tidak financing terms which does not result in
menghasilkan penghentian pengakuan, Perseroan derecognition, the Company provides payment
memberikan masa cuti angsuran dan/atau holiday and/or tenor extention to the consumer but
pengunduran jatuh tempo kepada konsumen namun did not change the outstanding of murabahah
tidak mengubah total sisa piutang pembiayaan financing receivables (both principal and margin)
murabahah (baik pokok maupun margin) yang harus that have to be paid by the consumer. The
dibayarkan oleh konsumen. Perseroan mencatat Company records the impact from restructuring
dampak restrukturisasi tersebut secara prospektif, prospectively, by not recognising the amortisation of
dengan tidak mengakui amortisasi marjin serta margin and amortisation of acquisition costs during
amortisasi biaya perolehan pada saat cuti angsuran. the payment holiday. Margin income after
Pendapatan marjin setelah restrukturisasi akan restructuring will be recognised at the margin
diakui sebesar jumlah marjin yang ditentukan dalam amount stated under the new financing terms which
persyaratan pembiayaan baru yang tidak mengubah did not change the outstanding receivables.
total sisa piutang.
f.3. Piutang sewa pembiayaan (Perseroan sebagai f.3. Finance lease receivables (the Company as a
pesewa) lessor)
Pembiayaan sewa Perseroan meliputi piutang sewa The Company’s lease financing consists of finance
pembiayaan - konvensional dan Ijarah Muntahiyah lease receivables - conventional and Ijarah
Bittamlik (“IMBT”) - syariah. Muntahiyah Bittamlik (“IMBT”) - sharia.
Pembiayaan sewa - konvensional Finance lease - conventional
Penentuan apakah suatu perjanjian merupakan The determination of whether an arrangement is, or
perjanjian sewa atau perjanjian yang mengandung contains a lease is based on the substance of the
sewa didasarkan atas substansi perjanjian pada arrangement at inception date and whether the
tanggal awal sewa dan apakah pemenuhan fulfillment of the arrangement is dependent on the
perjanjian tergantung pada penggunaan suatu aset use of a specific asset and the arrangement conveys
dan perjanjian tersebut memberikan suatu hak untuk a right to use the asset. Leases are classified as
menggunakan aset tersebut. Suatu sewa finance leases if the leases transfer substantially all
diklasifikasikan sebagai sewa pembiayaan jika sewa the risks and rewards incidental to ownership of the
tersebut mengalihkan secara substansial seluruh leased assets. Leases are classified as operating
risiko dan manfaat yang terkait dengan kepemilikan leases if the leases do not transfer substantially all
aset. Suatu sewa diklasifikasikan sebagai sewa the risks and rewards incidental to ownership of the
operasi jika sewa tidak mengalihkan secara leased assets.
substansial seluruh risiko dan manfaat yang terkait
dengan kepemilikan aset.
Perseroan mengakui aset berupa piutang sewa The Company recognised assets of financial lease
pembiayaan sebesar jumlah yang sama dengan receivable at an amount equal to the net investment
investasi sewa neto. Penerimaan piutang sewa in the lease. Lease payment is treated as repayment
diperlakukan sebagai pembayaran pokok dan of principal and finance lease income. The
penghasilan sewa pembiayaan. Pengakuan recognition of finance lease income is based on a
penghasilan sewa pembiayaan didasarkan pada pattern reflecting a constant periodic rate of return
on the Company’s net investment in the finance
suatu pola yang mencerminkan suatu tingkat
lease.
pengembalian periodik yang konstan atas investasi
neto.
Piutang sewa pembiayaan akan dihapusbukukan Finance lease receivables will be written-off when
setelah menunggak lebih dari 180 hari. Penerimaan they are overdue for more than 180 days.
dari piutang yang telah dihapusbukukan diakui Recoveries from written-off receivables are
sebagai pendapatan lain-lain pada saat diterima. recognised as other income upon receipt.
* Tidak diaudit *Unaudited
26
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 485
Page 488
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
f. Piutang pembiayaan konsumen, piutang f. Consumer financing receivables, murabahah
pembiayaan murabahah dan piutang sewa financing receivables and finance lease receivables
pembiayaan (lanjutan) (continued)
f.3. Piutang sewa pembiayaan (Perseroan sebagai f.3. Finance lease receivables (the Company as a
pesewa) (lanjutan) lessor) (continued)
IMBT - syariah IMBT - sharia
Perseroan mengakui aset IMBT sebesar harga The Company recognises IMBT asset at cost to
perolehan aset IMBT pada saat akad IMBT. Setelah acquire IMBT Assets when the IMBT contract is
pengakuan awal, pokok aset IMBT diamortisasi signed. After initial recognition, principal IMBT asset
secara garis lurus sepanjang masa sewa. is amortised on a straight-line basis over the lease
term.
Pengakuan penghasilan IMBT neto sebesar The recognition of IMBT income, net is based on
angsuran IMBT dikurangi dengan amortisasi pokok installment of IMBT less the amortisation of principal
aset IMBT. IMBT asset.
Aset terkait pembiayaan IMBT akan Asset related to IMBT financing will be written-off
dihapusbukukan setelah menunggak lebih dari 180 when they are overdue for more than 180 days.
hari. Penerimaan dari piutang yang telah Recoveries from written-off receivables are
dihapusbukukan diakui sebagai pendapatan lain- recognised as other income upon receipt.
lain pada saat diterima.
g. Pembiayaan bersama g. Joint financing
Dalam pembiayaan bersama antara Perseroan dan In joint financing arrangements between the Company
penyedia fasilitas pembiayaan bersama, Perseroan and the joint financing facility provider, the Company has
berhak menentukan tingkat bunga/marjin yang lebih the right to set higher interest rates/margin to consumer
tinggi kepada konsumen dibandingkan tingkat than the interest rates/margin stated in the joint financing
bunga/marjin yang ditetapkan dalam perjanjian agreement with the joint financing facility provider.
pembiayaan bersama dengan penyedia fasilitas
pembiayaan bersama.
Seluruh kontrak pembiayaan bersama yang dilakukan All joint financing contracts entered by the Company are
oleh Perseroan merupakan pembiayaan bersama tanpa joint financing without recourse in which only the
tanggung renteng (without recourse) dimana hanya porsi Company’s financing portion of the total installments is
jumlah angsuran piutang yang dibiayai Perseroan yang recorded as consumer financing receivables and
dicatat sebagai piutang pembiayaan konsumen dan murabahah financing receivables in the statement of
piutang pembiayaan murabahah di laporan posisi financial position (net approach). Consumer financing
keuangan (pendekatan neto). Pendapatan pembiayaan income and murabahah margin income is presented in
konsumen dan pendapatan marjin murabahah disajikan the statement of profit or loss after deducting the portions
di laporan laba rugi setelah dikurangi dengan bagian which belong to other parties participating to these joint
yang merupakan hak pihak-pihak lain yang berpartisipasi financing transactions. The cash flows from joint
pada transaksi pembiayaan bersama tersebut. Arus kas financing arrangement are presented at gross in the
dari pembiayaan bersama disajikan secara bruto di statement of cash flows.
laporan arus kas.
h. Cadangan kerugian penurunan nilai h. Allowance for impairment losses
h.1. Aset keuangan h.1. Financial assets
Piutang pembiayaan konsumen dan piutang Consumer financing receivables and finance
sewa pembiayaan lease receivables
Secara garis besar Perseroan mengukur penyisihan Overall, the Company measures the loss allowance
kerugian aset keuangan sejumlah kerugian kredit of financial asset based on expected credit losses
ekspektasian (“ECL”). Jika pada tanggal pelaporan, (“ECL”). If at the reporting date, the credit risk of the
risiko kredit atas aset keuangan tidak meningkat financial assets has not increased significantly since
secara signifikan sejak pengakuan awal, maka the initial recognition, the Company measures the
Perseroan akan mengukur penyisihan kerugian loss allowance for the financial assets using 12-
untuk aset keuangan tersebut menggunakan ECL months ECL. If the credit risk of the financial asset
12 bulan. Jika risiko kredit atas aset keuangan has increased significantly, the measurement of the
tersebut telah meningkat secara signifikan, maka loss allowance for the financial asset using lifetime
pengukuran penyisihan kerugian untuk aset ECL.
keuangan tersebut menggunakan ECL lifetime.
* Tidak diaudit *Unaudited
27
486 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 489
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
h. Cadangan kerugian penurunan nilai (lanjutan) h. Allowance for impairment losses (continued)
h.1. Aset keuangan (lanjutan) h.1. Financial assets (continued)
Piutang pembiayaan konsumen dan piutang Consumer financing receivables and finance
sewa pembiayaan (lanjutan) lease receivables (continued)
Dalam menghitung ECL, Perseroan In calculating ECL, Company considers time value
memperhitungkan nilai waktu atas uang untuk of money to calculate present value of ECL from
menghitung nilai kini ECL dari tanggal ekpektasi expected default date to reporting date.
default terhadap tanggal pelaporan.
ECL 12 bulan & ECL lifetime 12 Months & Lifetime ECL
ECL 12 bulan adalah ECL yang timbul dari peristiwa 12-month ECL is the ECL that result from default
gagal bayar aset keuangan yang terjadi dalam 12 events on a financial aset within 12 months after the
bulan setelah tanggal pelaporan (atau periode yang reporting date (or a shorter period if the expected
lebih pendek jika umur aset keuangan yang lifetime of the financial asset is less than 12
diharapkan kurang dari 12 bulan). months).
ECL lifetime adalah ECL yang diakibatkan dari Lifetime ECL are the ECL that result from all
semua kejadian default yang mungkin terjadi possible default events over the expected lifetime of
selama perkiraan umur aset keuangan. the financial asset.
Perseroan mempertimbangkan bahwa kejadian The Company considers that default has occurred
default telah terjadi ketika aset keuangan telah when a financial asset is more than 90 days past
menunggak lebih dari 90 hari atau terdapat due or has reasonable and supportable information
informasi yang wajar dan mendukung bahwa kredit that the credit has been impaired.
telah impaired (gagal bayar).
Staging Criteria Staging Criteria
Aset keuangan harus dialokasikan ke salah satu Financial assets have to be allocated to one of the
dari tiga tahap penurunan nilai (Stage 1, Stage 2, three impairment stages (Stage 1, Stage 2, Stage
Stage 3) dengan menentukan apakah terjadi 3) by determining whether a significant increase in
peningkatan risiko kredit yang signifikan atas aset credit risk has occurred on financial asset since
keuangan sejak pengakuan awal atau apakah initial recognition or whether the facility is defaulted
fasilitas tersebut gagal bayar pada tanggal on the reporting date.
pelaporan.
Stage 1: mencakup aset keuangan yang tidak Stage 1: includes financial assets that have not had
memiliki peningkatan signifikan atas risiko kredit a significant increase in credit risk since initial
sejak pengakuan awal atau memiliki risiko kredit recognition or that have low credit risk at the
rendah pada tanggal pelaporan. Untuk aset ini, ECL reporting date. For these assets, 12-month ECL are
12 bulan akan dihitung. recognized.
Aset keuangan yang dikategorikan sebagai Stage 1 Financial assets categorised as Stage 1 is financial
adalah aset keuangan dengan hari tunggakan assets with days overdue less or equal than 30
kurang atau sama dengan 30 hari. days.
Stage 2: mencakup aset keuangan yang Stage 2: includes financial assets that have had a
mengalami peningkatan signifikan atas risiko kredit, significant increase in credit risk but do not have
namun tidak memiliki bukti penurunan nilai yang objective evidence of impairment. For these assets,
obyektif. Untuk aset ini, ECL lifetime dihitung. lifetime ECL are recognized.
Aset keuangan yang dianggap telah mengalami Financial assets considered to experience
peningkatan risiko kredit yang signifikan dan significant increase in credit risk and categorised as
dikategorikan sebagai Stage 2 adalah aset Stage 2 is financial assets with days overdue 31-90
keuangan dengan hari tunggakan dari 31-90 hari. days. Financial instrument that has proposed
Aset keuangan yang telah mengajukan program restructure program, will be considered to
restrukturisasi, juga dianggap telah mengalami experience significant increase in credit risk, so will
peningkatan risiko kredit yang signifikan sehingga be categorised minimum as Stage 2 during certain
akan dikategorikan minimal sebagai Stage 2 period.
selama periode tertentu.
* Tidak diaudit *Unaudited
28
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 487
Page 490
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
h. Cadangan kerugian penurunan nilai (lanjutan) h. Allowance for impairment losses (continued)
h.1. Aset keuangan (lanjutan) h.1. Financial assets (continued)
Piutang pembiayaan konsumen dan piutang Consumer financing receivables and finance
sewa pembiayaan (lanjutan) lease receivables (continued)
Staging Criteria (lanjutan) Staging Criteria (continued)
Stage 3: mencakup aset keuangan yang memiliki Stage 3: includes financial assets that have
bukti obyektif penurunan nilai pada tanggal objective evidence of impairment at the reporting
pelaporan. Tahap ini berisi debitur yang telah date. This stage consist of obligors that has already
impaired (gagal bayar) atau aset keuangan dengan impaired (defaulted) or financial assets with days
hari tunggakan lebih dari 90 hari. overdue more than 90 days.
Faktor utama dalam menentukan apakah aset The key factor in determining whether a financial
keuangan memerlukan ECL 12 bulan (Stage 1) atau assets needs 12-month (Stage 1) or lifetime ECL
ECL lifetime (Stage 2) disebut dengan kriteria (Stage 2) is called by the criteria of Significant
Peningkatan Signifikan dalam Risiko Kredit (SICR). Increase in Credit Risk (SICR). Determining
Penentuan kriteria peningkatan risiko kredit yang significant increase in credit risk (SICR) criteria
signifikan (SICR) memerlukan pengkajian apakah involves assessment of whether there has been a
telah terjadi peningkatan risiko kredit yang significant increase in credit risk at reporting date.
signifikan pada tanggal pelaporan.
Pengukuran kerugian kredit ekspektasian di seluruh The measurement of expected credit losses across
tahapan aset diperlukan untuk mencerminkan all stages is required to reflect an unbiased and
jumlah yang tidak bias dan rata-rata probabilitas probability weighted amount that is determined by
tertimbang yang ditentukan dengan mengevaluasi evaluating a range of reasonably possible outcomes
serangkaian kemungkinan yang dapat terjadi using reasonable and supportable information
menggunakan informasi yang wajar dan dapat about past events, current conditions and forecasts
didukung dengan peristiwa di masa lampau, kondisi of future economic conditions.
saat ini dan proyeksi terkait dengan kondisi
ekonomis di masa depan.
PSAK 109 mensyaratkan penyertaan informasi SFAS 109 requires inclusion of information about
tentang kejadian masa lalu, kondisi saat ini dan past events, current conditions and forecasts of
perkiraan kondisi ekonomi masa depan. Perkiraan future economic conditions. The estimates of
perubahan dalam kerugian kredit yang diharapkan changes in expected credit losses should reflect,
harus mencerminkan, dan secara langsung and be directionally consistent with, changes in
konsisten dengan, perubahan dalam data terkait related observable data from period to period. The
yang diobservasi dari periode ke periode. calculation of ECL requires estimation of forward-
Perhitungan ECL ini membutuhkan estimasi looking Probability of Default (PD), Loss Given
forward looking dari Probability of Default (PD), Default (LGD), Exposure At Default (EAD) and
Loss Given Default (LGD), Exposure At Default Macro-Economic Variables (MEV).
(EAD), dan Macro-Economic Variables (MEV).
Probability of Default (PD) Probability of Default (PD)
Adalah probabilitas konsumen mengalami gagal Is the probability that a consumer will default in
bayar dimana terjadi pada suatu waktu tertentu. PD which happened at certain time. PD used in SFAS
yang digunakan di dalam PSAK 109 adalah PD 109 is point in time PD which represent PD at a
point in time yang menggambarkan PD yang terjadi certain economy condition. PD is calculated until
pada suatu kondisi ekonomi. PD yang dihitung next 12 months after reporting period (12 months
sampai dengan periode 12 bulan dari tanggal PD), is used to calculate ECL from assets
laporan (PD 12 bulan) digunakan untuk perhitungan categorised as Stage 1, while PD calculated during
ECL dari aset yang dikategorikan Stage 1, the lifetime of assets (Lifetime PD), is used to
sementara PD yang dihitung sepanjang umur aset calculate ECL from assets categorised as Stage 2
(PD lifetime) digunakan untuk perhitungan ECL dari and 3.
aset yang dikategorikan Stage 2 dan 3.
* Tidak diaudit *Unaudited
29
488 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 491
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
h. Cadangan kerugian penurunan nilai (lanjutan) h. Allowance for impairment losses (continued)
h.1. Aset keuangan (lanjutan) h.1. Financial assets (continued)
Piutang pembiayaan konsumen dan piutang Consumer financing receivables and finance
sewa pembiayaan (lanjutan) lease receivables (continued)
Loss Given Default (LGD) Loss Given Default (LGD)
Kerugian yang diperkirakan akan timbul dari The loss that is expected to arise on default
konsumen yang mengalami gagal bayar dengan consumer, incorporating the impact of relevant
memperhitungkan dampak dari asumsi kondisi forward looking economic assumptions, which
ekonomi di masa mendatang yang relevan dimana represents the difference between the contractual
hal ini menggambarkan perbedaan antara arus cash flows due and those that the Company
kas kontraktual yang jatuh tempo dengan arus kas expects to receive. The Company estimates LGD
yang diharapkan untuk diterima. Perseroan based on the historical recovery of default
mengestimasikan LGD berdasarkan data historis consumer during observation period by considering
dari tingkat pemulihan dari akun yang gagal bayar the payment received and the recovery of any
selama periode observasi dengan collateral of financial assets, taking into account
memperhitungkan tingkat pembayaran yang forward looking economic assumptions (if relevant).
diterima serta pemulihan yang berasal dari
jaminan terhadap aset keuangan dengan
mempertimbangkan asumsi ekonomi di masa
depan (jika relevan).
Exposure At Default (EAD) Exposure At Default (EAD)
Perkiraan nilai buku pada saat gagal bayar dengan The expected balance sheet exposure at the time
mempertimbangkan profil arus kas aset keuangan of default, taking into account the cash flow profile
selama umur aset keuangan. Hal ini juga of financial assets during the life time of the
memperhitungkan pembayaran, baik pokok dan financial assets. This incorporates the impact of
bunga. repayments, both principal and interest.
Macro-Economic Variables (MEV) Macro-Economic Variables (MEV)
MEV merupakan salah satu komponen utama MEV is one of main component in determining the
dalam menentukan perkiraan kondisi ekonomi di expected economy condition in the future and
masa mendatang, dimana Perseroan melakukan reviewed regularly by the Company. MEV such as
evaluasi secara reguler. Adapun MEV, seperti gross domestic product (GDP), inflation rate, and
produk domestik bruto (PDB), tingkat inflasi, dan exchange rate are used as factor to perform
nilai tukar mata uang asing digunakan sebagai adjustment on PD and LGD related to impact of
faktor untuk melakukan penyesuaian terhadap PD change of economy condition in the future, in which
dan LGD terkait dampak perubahan kondisi the MEV used is based on several scenarios
ekonomi di masa mendatang, dimana MEV yang (normal, good and bad) and ECL will be calculated
digunakan adalah berdasarkan beberapa skenario by considering the probability assigned for each
(normal, baik dan buruk) dan perhitungan ECL scenario.
akan mempertimbangkan probabilitas yang
ditetapkan untuk masing-masing skenario.
Pembiayaan murabahah dan IMBT Murabahah financing and IMBT
Pada setiap tanggal pelaporan, Perseroan At each reporting date, the Company evaluates
mengevaluasi apakah terdapat bukti objektif telah whether there is objective evidence that the
terjadinya penurunan nilai atas aset keuangan Company's financial assets are impaired. Financial
Perseroan. Aset keuangan mengalami penurunan assets are impaired when objective evidence
nilai jika bukti objektif menunjukkan bahwa demonstrates that a loss event has occurred after
peristiwa yang merugikan telah terjadi setelah the initial recognition of the financial assets, and that
pengakuan awal aset keuangan, dan peristiwa loss event has an impact on the future cash flows on
tersebut berdampak pada arus kas masa datang the financial assets that can be estimated reliably.
atas aset keuangan yang dapat diestimasi secara
handal.
* Tidak diaudit *Unaudited
30
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 489
Page 492
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
h. Cadangan kerugian penurunan nilai (lanjutan) h. Allowance for impairment losses (continued)
h.1. Aset keuangan (lanjutan) h.1. Financial assets (continued)
Pembiayaan murabahah dan IMBT (lanjutan) Murabahah financing and IMBT (continued)
Bukti objektif bahwa aset keuangan mengalami Objective evidence that financial assets are impaired
penurunan nilai meliputi wanprestasi atau can include default or delinquency by a borrower,
tunggakan pembayaran oleh debitur, restructuring of a loan if the borrower have financial
restrukturisasi piutang jika debitur mengalami difficulties, indications that a borrower will enter into
kesulitan keuangan, indikasi bahwa debitur akan bankruptcy, or other observable data relating to a
dinyatakan pailit, atau data yang dapat diobservasi group of assets such as adverse changes in the
lainnya yang terkait dengan kelompok aset payment status of borrowers in the group, or
keuangan seperti memburuknya status economic conditions that correlate with defaults in
pembayaran debitur dalam kelompok tersebut, the group of assets.
atau kondisi ekonomi yang berkorelasi dengan
wanprestasi atas aset dalam kelompok tersebut.
Perseroan menentukan bukti penurunan nilai atas The Company determines evidence of impairment
piutang pembiayaan murabahah dan aset terkait for murabahah financing receivables and asset
pembiayaan IMBT secara kolektif karena related to IMBT financing at a collective level
manajemen yakin bahwa piutang pembiayaan because the management believes that these
murabahah dan aset terkait pembiayaan IMBT ini murabahah financing receivables and asset related
memiliki karakteristik risiko kredit yang serupa. to IMBT financing have similar credit risk
characteristics.
Dalam mengevaluasi penurunan nilai secara In assessing collective impairment, the Company
kolektif, Perseroan menggunakan model statistik uses statistical modeling (vintage method) of
(metode vintage) dari tren historis atas probabilitas historical trends of the probability of default, timing of
wanprestasi, waktu pemulihan kembali dan jumlah recoveries and the amount of loss incurred, adjusted
kerugian yang terjadi, yang disesuaikan dengan using management's judgment as to whether current
pertimbangan manajemen mengenai apakah economic and credit conditions may cause the
kondisi ekonomi dan kredit terkini dapat actual losses which are likely to be greater or less
mengakibatkan kerugian aktual yang jumlahnya than suggested by historical modeling. Probability of
akan lebih besar atau lebih kecil daripada jumlah default and loss given default are regularly updated
yang ditentukan oleh model historis. Probabilitas to ensure that the estimates remain appropriate.
wanprestasi dan tingkat kerugian jika terjadi
wanprestasi akan diperbaharui secara berkala
untuk memastikan estimasi tersebut masih
memadai.
Ketika peristiwa yang terjadi setelah penurunan When a subsequent event causes the amount of
nilai diakui menyebabkan kerugian penurunan nilai impairment loss to decrease, and the decrease can
berkurang, dan penurunan dapat dikaitkan secara be related objectively to an event occuring after the
obyektif dengan peristiwa yang terjadi setelah impairment was recognised, the impairment loss is
penurunan nilai diakui, kerugian penurunan nilai reversed through the statement of profit or loss.
yang sebelumnya harus dipulihkan dan pemulihan
tersebut diakui pada laporan laba rugi.
h.2. Aset non-keuangan h.2. Non-financial assets
Pada setiap akhir periode pelaporan, Perseroan At the end of each reporting period, the Company
menelaah apakah terdapat indikasi bahwa aset review whether there is any impairment indicator
tersebut telah mengalami penurunan nilai. Jika exist. If any such indicator exists, the Company will
terdapat indikasi tersebut, Perseroan akan estimate the assets recoverable amount and
mengestimasi jumlah terpulihkan aset dan compare to its carrying value. Assets are
membandingkannya dengan nilai tercatatnya. Aset considered as impaired when the carrying value of
dianggap mengalami penurunan nilai apabila nilai asset exceed the recoverable amount.
tercatat aset melebihi jumlah terpulihkan.
* Tidak diaudit *Unaudited
31
490 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 493
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
h. Cadangan kerugian penurunan nilai (lanjutan) h. Allowance for impairment losses (continued)
h.2. Aset non-keuangan (lanjutan) h.2. Non-financial assets (continued)
Nilai yang dapat diperoleh kembali dari suatu aset The recoverable amount of an asset or cash
adalah sebesar jumlah yang lebih tinggi antara nilai generating unit is the greater of its value in use or
pakainya dan nilai wajar aset dikurangi biaya untuk its fair value less costs to sell. In assessing value
menjual. Dalam mengukur nilai pakai, estimasi in use, the estimated future cash flows
arus kas masa depan didiskontokan ke nilai arediscounted to their present value using a pre-
sekarang dengan menggunakan tingkat diskonto tax discount rate that reflects current market
sebelum pajak yang mencerminkan penilaian assessments of the time value of money and the
pasar saat ini terhadap nilai kas kini dan risiko risks specific to the asset.
spesifik terhadap aset tersebut.
i. Instrumen derivatif untuk tujuan manajemen risiko i. Derivative instrument for risk management purposes
Seluruh instrumen derivatif yang dimiliki Perseroan All derivative instruments held by the Company are for
digunakan untuk tujuan manajemen risiko. Instrumen risk management purposes. These derivative
derivatif ini digunakan untuk lindung nilai eksposur risiko instruments are used to hedge the Company’s exposures
suku bunga dan risiko mata uang Perseroan. Instrumen to interest rate risk and currency risk. Derivative
derivatif untuk tujuan manajemen risiko diukur pada nilai instruments held for risk management are measured at
wajar dalam laporan posisi keuangan. Untuk memenuhi fair value in the statement of financial position. To qualify
persyaratan akuntansi lindung nilai, beberapa kriteria for hedge accounting, certain criteria are to be met,
tertentu harus dipenuhi, termasuk adanya dokumentasi including formal documentation to be in place at the
formal pada awal lindung nilai dan dokumentasi apakah inception of the hedge also documentation whether the
instrumen lindung nilai tersebut efektif dalam saling hedging instrument is effective in offsetting changes in
hapus antara perubahan nilai wajar atau arus kas dari fair values or cash flows of the hedged item attributable
item lindung nilaian. to the hedged risk.
Pada penetapan awal lindung nilai, Perseroan On initial designation of the hedge, the Company formally
mendokumentasikan secara formal hubungan antara documents the relationship between the hedging
instrumen lindung nilai dan unsur yang dilindung nilai, instruments and hedged items, including the risk
termasuk tujuan manajemen risiko dan strategi dalam management objective and strategy in undertaking the
melaksanakan transaksi lindung nilai, bersamaan hedge transaction, together with the method that will be
dengan metode yang akan digunakan untuk menilai used to assess the effectiveness of the hedging
efektivitas hubungan lindung nilai. Perseroan menilai, relationship. The Company makes an assessment, both
pada awal hubungan lindung nilai dan juga secara at the inception of the hedge relationship as well as on
berkesinambungan, apakah instrumen lindung nilai an ongoing basis, whether the hedging instruments are
diharapkan akan ‘sangat efektif’ dalam rangka saling expected to be ‘highly effective’ in offsetting the changes
hapus atas perubahan nilai wajar atau perubahan arus in the fair value or cash flows of the respective hedged
kas dari unsur yang dilindung nilai sepanjang periode items during the period for which the hedge is
dimana lindung nilai tersebut ditetapkan. designated.
Bagian efektif dari perubahan nilai wajar derivatif diakui The effective portion of changes in the fair value of
dalam penghasilan komprehensif lain. Keuntungan atau derivatives is recognized in other comprehensive
kerugian yang terkait dengan bagian yang tidak efektif income. The gain or loss relating to the ineffective portion
diakui dalam laba rugi. is recognized in profit or loss.
Perseroan menetapkan derivatif sebagai instrumen The Company designates derivative as the hedging
lindung nilai atas arus kas di mana instrumen tersebut instruments of cash flows hedges where the instrument
melindungi variabilitas arus kas yang dapat diatribusikan hedges the variability in cash flows attributable to a
pada risiko tertentu yang terkait dengan liabilitas yang particular risk associated with a recognised liability that
dapat mempengaruhi laba atau rugi. Bagian efektif dari could affect profit or loss. The effective portion of
perubahan nilai wajar derivatif yang ditetapkan sebagai changes in the fair value of derivative designated as
instrumen lindung nilai atas arus kas ditangguhkan pada hedging instruments of cash flows hedges is deferred to
pos (kerugian)/keuntungan kumulatif atas instrumen the cumulative (losses)/gains on derivative instruments
derivatif untuk lindung nilai arus kas, yang merupakan for cash flows hedges, which forms part of equity. Any
bagian dari ekuitas. Bagian yang tidak efektif diakui ineffective portion is recognised immediately in the
secara langsung pada laporan laba rugi. Jumlah yang statement of profit or loss. Amounts deferred in equity are
ditangguhkan dalam ekuitas direklasifikasi ke dalam reclassified to the statement of profit or loss as a
laporan laba rugi dalam periode yang sama dimana arus reclassification adjustment in the same period as the
kas yang dilindung nilai mempengaruhi laba atau rugi, hedged cash flows affect profit or loss, and in the same
dan pada pos yang sama dalam laporan laba rugi. line item in the statement of profit or loss.
* Tidak diaudit *Unaudited
32
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 491
Page 494
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
i. Instrumen derivatif untuk tujuan manajemen risiko i. Derivative instrument for risk management purposes
(lanjutan) (continued)
Ketika instrumen lindung nilai kadaluarsa atau dijual, When the hedging instrument expires or sold,
dihentikan, dilaksanakan, atau tidak lagi memenuhi terminated, exercised, or no longer qualifies for hedge
kriteria akuntansi lindung nilai, keuntungan atau accounting, the cumulative amount deferred in equity
kerugian kumulatif yang ditangguhkan di ekuitas tetap remains in the cumulative (losses)/gains on derivative
diakui pada pos (kerugian)/keuntungan kumulatif atas instruments for cash flows hedges, and is subsequently
instrumen derivatif untuk lindung nilai arus kas dan reclassified to the statement of profit or loss when the
direklasifikasi ke laporan laba rugi ketika unsur yang hedged item is recognised in the statement of profit or
dilindung nilai diakui dalam laporan laba rugi. loss.
Ketika suatu prakiraan transaksi lindung nilai tidak lagi When a forecast hedged transaction is no longer
diharapkan akan terjadi, jumlah yang ditangguhkan expected to occur, the amount deferred in equity is
dalam ekuitas diakui segera dalam laporan laba rugi. recognised immediately in the statement of profit or loss.
j. Beban dibayar dimuka j. Prepaid expenses
Beban dibayar dimuka diamortisasi selama masa Prepaid expenses are amortised over the period of
manfaat dengan menggunakan metode garis lurus. benefits using the straight-line method.
Beban dibayar dimuka berupa sewa dan renovasi Prepaid expenses for rent and building renovation for
bangunan sewa diamortisasi selama masa sewa. rental offices are amortised over the period of rent.
k. Investasi dalam saham k. Investment in shares
Investasi dalam saham diklasifikasikan sebagai aset Investment in shares are classified as financial assets
keuangan yang diukur pada nilai wajar melalui measured at fair value through other comprehensive
penghasilan komprehensif lain karena Perseroan tidak income since the Company has no significant influence
memiliki pengaruh signifikan terhadap investee. to investee.
Dividen kas yang diterima atas investasi dalam saham Cash dividends received from investment in shares is
diakui sebagai pendapatan lain-lain. recognised as other income.
l. Investasi pada entitas asosiasi l. Investment in associate
Entitas asosiasi adalah seluruh entitas dimana Associate is an entity over which the Company has
Perseroan memiliki pengaruh signifikan namun bukan significant influence but not control or joint control.
pengendalian atau pengendalian bersama. Investasi Investment in associate is accounted for using the equity
pada entitas asosiasi dicatat dengan metode ekuitas. method of accounting.
Pengaruh signifikan Perseroan terhadap suatu entitas The significant influence of the Company to an
asosiasi dibuktikan dengan keikutsertaan Perseroan associated entity is evidenced by the participation of the
untuk berpartisipasi dalam keputusan kebijakan Company to participate in the financial and operating
keuangan dan operasional suatu aktivitas ekonomi policy decisions of a associated entity’s economic
entitas asosiasi, tetapi tidak mengendalikan atau activity, but does not control or joint control over those
mengendalikan bersama atas kebijakan-kebijakan policies.
tersebut.
Dengan metode ekuitas, investasi pada entitas asosiasi Under the equity method, an investment in an associate
diakui di laporan posisi keuangan sebesar biaya is initially recognized in the statement of financial position
perolehan dan selanjutnya disesuaikan untuk: at cost and adjusted thereafter to:
• mengakui perubahan dalam bagian kepemilikan • recognize changes in the Company’s share of the
Perseroan atas laba rugi dan penghasilan profit or loss and other comprehensive income of the
komprehensif lain dari entitas asosiasi associate
• amortisasi atas selisih antara nilai wajar neto aset • amortization of the difference between the net fair
dan liabilitas teridentifikasi dari entitas asosisasi value of the associate’s identifiable assets and
dengan harga perolehan saat tanggal akuisisi. liabilities and the cost of the investment at
acquisition date.
Jika bagian Perseroan atas kerugian entitas asosiasi When the Company’s share of losses in an associate
melebihi kepentingannya pada entitas asosiasi, exceeds its interest in the associate, the Company does
Perseroan menghentikan pengakuan bagian not recognize further losses, unless it has incurred legal
kerugiannya, kecuali Perseroan memiliki kewajiban atau or constructive obligations or made payments on behalf
melakukan pembayaran atas nama entitas asosiasi. of the associate.
* Tidak diaudit *Unaudited
33
492 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 495
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
l. Investasi pada entitas asosiasi (lanjutan) l. Investment in associate (continued)
Dividen yang diterima dan yang akan diterima dari Dividends received or receivable from associate is
entitas asosiasi diakui sebagai pengurang jumlah recognized as reduction in the carrying amount of the
tercatat investasi. investment.
Pada setiap tanggal pelaporan, Perseroan menentukan The Company determines at each reporting date
apakah terdapat bukti objektif bahwa telah terjadi whether there is any objective evidence that the
penurunan nilai dalam investasi pada entitas asosiasi. investment in the associate is impaired. If this is the
Jika demikian, maka nilai tercatat dari investasi yang case, the carrying amount of the equity accounting
dicatat dengan akuntansi ekuitas diuji untuk penurunan investments is tested for impairment.
nilai.
m. Aset tetap m. Fixed assets
Aset tetap pada awalnya dinyatakan sebesar harga Fixed assets are initially recognised at acquisition cost.
perolehan. Setelah pengukuran awal, aset tetap diukur After initial measurement, fixed assets are measured
dengan model biaya, dicatat pada harga perolehan using the cost model, carried at cost less any
dikurangi akumulasi penyusutan dan akumulasi accumulated depreciation and accumulated impairment
penurunan nilai. losses.
Harga perolehan mencakup harga pembelian dan Acquisition cost includes purchase price and any costs
semua beban yang terkait secara langsung untuk directly attributable to bring the assets to the location and
membawa aset tersebut ke lokasi dan kondisi yang condition necessary for it to be capable of operating in
diperlukan untuk memungkinkan aset tersebut the manner intended by management.
beroperasi sebagaimana ditentukan oleh manajemen.
Tanah dinyatakan sebesar harga perolehan dan tidak Land is stated at cost and not depreciated.
disusutkan.
Penyusutan aset tetap selain tanah dihitung dengan Depreciation of fixed assets other than land are
menggunakan metode garis lurus untuk mengalokasikan calculated on the straight-line method to allocate their
harga perolehan hingga mencapai nilai sisa sepanjang cost to their residual values over their estimated useful
estimasi masa manfaatnya sebagai berikut: lives as follows:
Tahun/ Persentase/
Years Percentage
Bangunan 20 5,00% Buildings
Perabotan, perlengkapan dan Furniture, fixtures and
peralatan kantor 3-5 20,00% - 33,33% office equipment
Kendaraan bermotor 5 20,00% Motor vehicles
Beban perbaikan dan pemeliharaan dibebankan ke Repairs and maintenance are charged to the statement
dalam laporan laba rugi pada tahun dimana beban- of profit or loss during the year in which they are incurred.
beban tersebut terjadi. Pengeluaran yang Expenditures that extend the future life of assets or
memperpanjang masa manfaat aset atau yang provide further economic benefits are capitalised and
memberikan tambahan manfaat ekonomis dikapitalisasi depreciated.
dan disusutkan.
Jumlah tercatat aset tetap dihentikan pengakuannya The carrying amount of fixed assets is derecognised
pada saat pelepasan atau ketika tidak terdapat lagi upon disposal or when there is no longer a future
manfaat ekonomi masa depan yang diekspektasikan dari economic benefit expected from their use or disposal.
penggunaan atau pelepasannya.
Apabila aset tetap dihentikan pengakuannya (tidak When fixed assets are derecognised (retired or disposed
digunakan lagi atau dijual), maka nilai tercatat dan of), their carrying values and the related accumulated
akumulasi penyusutannya dikeluarkan dari laporan depreciation are removed from the statement of financial
posisi keuangan, dan keuntungan atau kerugian yang position, and the resulting gains or losses are recognised
terjadi diakui dalam laporan laba rugi tahun berjalan. in the current year statement of profit or loss.
* Tidak diaudit *Unaudited
34
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 493
Page 496
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
m. Aset tetap (lanjutan) m. Fixed assets (continued)
Akumulasi beban konstruksi aset tetap dikapitalisasi The accumulated costs of the construction of fixed
sebagai aset dalam penyelesaian. Beban tersebut assets are capitalised as construction in progress. These
direklasifikasi ke aset tetap pada saat proses konstruksi costs are reclassified to fixed assets when the
selesai dan siap digunakan. Penyusutan mulai construction is completed and ready for their intended
dibebankan pada tanggal yang sama. use. Depreciation is charged from such date.
Apabila nilai tercatat aset tetap lebih besar dari nilai yang When the carrying amount of fixed assets is greater than
dapat dipulihkan, nilai tercatat aset tersebut diturunkan its estimated recoverable amount, it is written down to its
menjadi sebesar nilai yang dapat dipulihkan kembali, recoverable amount which is determined at the higher of
yang ditentukan sebagai nilai tertinggi antara harga jual net selling price or value in use.
neto dan nilai pakai.
Pada setiap akhir tahun, nilai residu, umur manfaat dan At the end of each year, residual values, useful lives and
metode penyusutan dikaji ulang dan disesuaikan secara method of depreciation are reviewed and adjusted
prospektif jika diperlukan. prospectively, if appropriate.
n. Aset tak berwujud n. Intangible assets
Aset tak berwujud terdiri dari perpanjangan hak atas Intangible assets consist of extension of land rights and
tanah dan perangkat lunak yang dibeli oleh Perseroan. software acquired by the Company.
n.1. Perpanjangan hak atas tanah n.1. Extension of land rights
Biaya pengurusan perpanjangan atau pembaruan The cost of obtaining an extension or renewal of
hak atas tanah diakui sebagai aset land rights are recognised as intangible assets and
tak berwujud dan diamortisasi menggunakan amortised using straight-line method over the
metode garis lurus sepanjang periode hak tanah. period of the land right.
n.2. Perangkat lunak n.2. Software
Perangkat lunak pada awalnya dinyatakan Software is initially recognised at acquisition cost.
sebesar harga perolehan. Setelah pengakuan After initial recognition, intangible assets are
awal, aset tak berwujud diukur menggunakan measured using cost model, stated at cost less
model biaya, dicatat sebesar biaya perolehannya accumulated amortisation and accumulated
dikurangi akumulasi amortisasi dan akumulasi impairment losses.
kerugian penurunan nilai.
Pengeluaran selanjutnya untuk perangkat lunak Subsequent expenditure on software assets is
akan dikapitalisasi hanya jika pengeluaran capitalised only when it increases the future
tersebut menambah manfaat ekonomi di masa economic benefits embodied in the specific asset to
mendatang untuk aset yang bersangkutan. which it relates. All other expenditures are
Semua pengeluaran lainnya dibebankan pada expensed as incurred.
saat terjadinya.
Amortisasi diakui dalam laporan laba rugi dengan Amortisation is recognised in the statement of profit
menggunakan metode garis lurus sepanjang or loss on a straight-line method over the estimated
estimasi masa manfaatnya, dimulai dari tanggal useful life of the software, from the date that it is
perangkat lunak tersebut tersedia untuk dipakai. available for use. The estimated useful life of
Estimasi masa manfaat perangkat lunak adalah software is five years.
lima tahun.
Metode amortisasi, estimasi masa manfaat dan nilai Amortisation method, useful lives and residual
residual ditelaah pada setiap akhir tahun pelaporan values are reviewed at each financial year-end and
dan disesuaikan jika dianggap tepat. adjusted, if appropriate.
* Tidak diaudit *Unaudited
35
494 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 497
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
o. Pengakuan pendapatan dan beban o. Income and expense recognition
o.1. Pendapatan pembiayaan konsumen, marjin o.1. Consumer financing income, murabahah
murabahah, pendapatan sewa pembiayaan, margin, finance leases income, interest income
pendapatan bunga dan beban bunga and interest expenses
Pendapatan pembiayaan konsumen, marjin Consumer financing income, murabahah margin,
murabahah, pendapatan sewa pembiayaan finance leases income (conventional), interest
(konvensional), pendapatan bunga dan beban income and interest expense are recognised using
bunga diakui dengan menggunakan metode suku the effective interest method. Finance leases
bunga efektif. Pendapatan sewa pembiayaan income (sharia) from ijarah muntahiyah bittamlik
(syariah) yang berasal dari aset ijarah muntahiyah assets is recognised over the term of contract using
bittamlik diakui selama masa akad menggunakan straight line method.
metode garis lurus.
Perseroan mendapatkan komisi dari asuransi The Company earns commissions from the
kendaraan bermotor yang dibayar oleh konsumen. insurance of motor vehicles which is paid by the
Perlakuan akuntansi untuk pendapatan komisi consumer. The accounting treatment for the
asuransi tersebut sama seperti perlakuan insurance commission income is the same as
akuntansi untuk biaya transaksi yang teratribusi accounting treatment for transaction costs which
langsung (lihat Catatan 2d). are directly attributable (see Note 2d).
Pengakuan beban provisi yang dibayar dimuka Upfront fees related to the borrowings and issuance
sehubungan dengan pinjaman yang diterima costs of debt securities are deferred and amortised
dan beban emisi efek utang yang diterbitkan over the terms of the related borrowings and debt
ditangguhkan dan diamortisasi selama jangka securities issued using the effective interest
waktu pinjaman yang diterima dan efek utang yang method and are recorded as part of interest
diterbitkan tersebut dengan menggunakan metode expenses and financing charges.
suku bunga efektif dan dicatat sebagai bagian dari
beban bunga dan keuangan.
Pendapatan marjin pembiayaan murabahah diakui Margin income from murabahah financing is
berdasarkan metode anuitas selama jangka waktu recognised using the annuity method over the term
kontrak. of the respective contracts.
o.2. Pendapatan lain-lain o.2. Other income
Pendapatan administrasi adalah pendapatan atas Administration income is income from consumer
jasa pembiayaan konsumen, pembiayaan financing, murabahah financing or finance lease
murabahah atau sewa pembiayaan yang ditagihkan services that are charged to consumers when
kepada debitur pada saat fasilitas pembiayaan financing facilities are approved and/or installment
disetujui dan/atau pada saat jatuh tempo angsuran. due date. Administration income are recognised
Pendapatan administrasi diakui selama jangka over the term of financing.
waktu pembiayaan.
Pendapatan denda keterlambatan dikenakan Late charges income charged to overdue
kepada konsumen yang menunggak diakui pada consumers is recognised when realised.
saat realisasi.
Pendapatan pinalti dikenakan kepada konsumen Penalty income charged to consumers who
yang menyelesaikan kontrak sebelum masa terminated their contracts before financing period
pembiayaan berakhir diakui pada saat realisasi. ends is recognised when realised.
p. Imbalan kerja p. Employees’ benefits
p.1. Imbalan kerja jangka pendek p.1. Short-term employees’ benefits
Imbalan kerja jangka pendek diakui pada saat Short-term employees’ benefits are recognised
terutang kepada karyawan berdasarkan metode when they are owed to the employees based on an
akrual. accrual method.
* Tidak diaudit *Unaudited
36
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 495
Page 498
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
p. Imbalan kerja (lanjutan) p. Employees’ benefits (continued)
p.2. Imbalan kerja jangka panjang dan imbalan p.2. Long-term and post-employment benefits
pasca-kerja
Imbalan kerja jangka panjang dan imbalan Long-term and post-employment benefits, such as
pasca-kerja, seperti pensiun, uang pesangon, uang pension, severance pay, service pay and other
penghargaan dan imbalan lainnya, dihitung benefits, are calculated in accordance with
berdasarkan “Peraturan Perseroan”. “Company Regulation”.
Perseroan menerapkan PSAK 219 “Imbalan Kerja”. The Company applies SFAS 219 “Employee
Benefits”.
Kewajiban imbalan pasca-kerja yang diakui di The obligation for post-employment benefits
laporan posisi keuangan dihitung berdasarkan nilai recognised in the statement of financial position is
kini dari estimasi kewajiban imbalan pasca-kerja di calculated at present value of estimated future
masa depan yang timbul dari jasa yang telah benefits that the employees have earned in return for
diberikan oleh karyawan pada masa kini dan masa their services in the current and prior years, deducted
lalu, dikurangi dengan nilai wajar aset neto dana by any plan assets. The calculation is performed by
pensiun. Perhitungan dilakukan oleh aktuaris an independent actuary using the Projected Unit
independen dengan metode Projected Unit Credit. Credit method.
Ketika imbalan pasca-kerja berubah, porsi When the post-employment benefits change, the
kenaikan atau penurunan imbalan sehubungan portion of the increased or decreased benefits
dengan jasa yang telah diberikan oleh karyawan relating to past services by employees is charged or
pada masa lalu dibebankan atau dikreditkan ke credited to the statement of profit or loss. To the
dalam laporan laba rugi. Imbalan pasca-kerja yang extent that the benefits vest immediately, the
telah menjadi hak karyawan diakui segera sebagai expense is recognised immediately in the statement
beban dalam laporan laba rugi. of profit or loss.
Keuntungan atau kerugian aktuarial yang timbul Actuarial gains or losses arising from experience
dari penyesuaian dan perubahan dalam asumsi- adjustments and changes in actuarial assumptions
asumsi aktuarial langsung diakui seluruhnya are directly fully recognised to other comprehensive
melalui penghasilan atau beban komprehensif income or expense in the year when such actuarial
lainnya pada tahun dimana keuntungan/(kerugian) gains/(losses) occur.
aktuarial terjadi.
Perseroan telah memiliki program pensiun imbalan The Company also has a defined benefit pension
pasti yang mana Perseroan membayar iuran ke program where the Company pays contributions to
dana pensiun lembaga keuangan yang dihitung a financial institution pension plan which is
berdasarkan persentase tertentu dari penghasilan calculated at a certain percentage of fixed income of
tetap yang diterima karyawan yang sudah employees who meet the Company’s criteria.
memenuhi kriteria yang ditetapkan Perseroan.
p.3. Imbalan kerja jangka panjang lainnya p.3. Other long-term employment benefits
Perseroan memberikan imbalan kerja jangka The Company provides other long-term employment
panjang lainnya berupa tunjangan cuti besar yang benefits in the form of long service leave award
ditentukan sesuai dengan Peraturan Perseroan. which is determined in compliance with the
Tunjangan cuti besar diperkirakan tidak akan Company’s Regulation. The long service leave
diselesaikan seluruhnya dalam waktu 12 bulan award are not expected to be settled wholly within
setelah tanggal laporan posisi keuangan dimana 12 months after the statement of financial position
karyawan memberikan jasa terkait. Kewajiban ini date in which the employees render the related
diukur sebagai nilai kini dari perkiraan pembayaran service. These obligations are measured as the
di masa depan yang akan dibuat sehubungan present value of future payments to be made in
dengan jasa yang diberikan oleh karyawan hingga respect of services provided by employees up to the
akhir periode pelaporan dengan menggunakan end of the reporting period using Projected Unit
metode Projected Unit Credit dan dihitung minimum Credit method and are calculated minimum once a
satu tahun sekali oleh aktuaris independen. year by an independent actuary.
* Tidak diaudit *Unaudited
37
496 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 499
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
p. Imbalan kerja (lanjutan) p. Employees’ benefits (continued)
p.4. Pesangon pemutusan kontrak kerja p.4. Termination benefits
Pesangon pemutusan kontrak kerja terutang ketika Termination benefits are payable when the
karyawan dihentikan kontrak kerjanya sebelum employment of an employee is terminated before
usia pensiun normal. Perseroan mengakui the normal retirement age. The Company
pesangon ketika Perseroan menunjukkan recognises termination benefits when it
komitmennya untuk memutuskan kontrak kerja demonstrates its commitment to terminate the
dengan karyawan berdasarkan suatu rencana employment of employees according to a detailed
formal terperinci yang kecil kemungkinannya untuk formal plan and the possibility to withdraw the plan
dibatalkan. Pesangon yang akan dibayarkan dalam is remote. Benefits falling due more than 12 months
waktu lebih dari 12 bulan setelah tanggal laporan after the statement of financial position date are
posisi keuangan didiskontokan untuk discounted to reflect its present value.
mencerminkan nilai kini.
q. Utang obligasi q. Bonds payable
Obligasi yang diterbitkan dicatat sebesar nilai nominal Bonds issued are presented at nominal value net of
dikurangi saldo diskonto yang belum diamortisasi. Biaya unamortised discounts. Issuance costs in connection
emisi sehubungan dengan penerbitan obligasi diakui with the bonds issuance are recognised as discounts and
sebagai diskonto dan dikurangkan langsung dari hasil directly deducted from the proceeds of bonds issuance
emisi untuk menentukan hasil emisi neto obligasi yang to determine the net proceeds of the bonds issued.
diterbitkan tersebut.
Utang obligasi diukur pada biaya perolehan diamortisasi Bonds payable issued are measured at amortised cost
dengan menggunakan metode suku bunga efektif using effective interest method after initial recognition.
setelah pengakuan awalnya. Diskonto diamortisasi The discounts are amortised over the period of the bonds
selama jangka waktu obligasi tersebut dengan using the effective interest method (see Note 2o.1).
menggunakan metode suku bunga efektif (lihat Catatan
2o.1).
r. Perpajakan r. Taxation
Beban pajak terdiri dari beban pajak kini dan beban pajak Income tax expense comprises of current and deferred
tangguhan. Beban pajak diakui pada laporan laba rugi tax. Income tax expense is recognised in the statement
kecuali untuk bagian yang langsung diakui di komponen of profit or loss except to the extent it relates to items
ekuitas lainnya, dimana beban pajak yang terkait dengan recognised directly in other equity components, in which
bagian tersebut diakui di penghasilan komprehensif lain. case it is recognised in other comprehensive income.
Beban pajak kini adalah hutang pajak yang ditentukan Current tax expense is the expected tax payable on the
berdasarkan laba kena pajak untuk tahun yang taxable income for the current year which is calculated
bersangkutan yang dihitung berdasarkan tarif pajak yang using tax rates enacted or substantively enacted at
berlaku atau yang secara substansial telah berlaku pada reporting date.
tanggal pelaporan.
Perseroan menerapkan metode aset dan liabilitas dalam The Company adopts the asset and liability method in
menghitung beban pajaknya. Dengan metode ini, aset determining its income tax expense. Under this method,
dan liabilitas pajak tangguhan diakui setiap tanggal deferred tax assets and liabilities are recognised at each
pelaporan sebesar perbedaan temporer aset dan reporting date for temporary differences between the
liabilitas untuk tujuan akuntansi dan tujuan pajak. Metode accounting and tax bases of assets and liabilities. This
ini juga mengharuskan pengakuan manfaat pajak di method also requires the recognition of future tax
masa akan datang, seperti kompensasi rugi fiskal, jika benefits, such as tax loss carry forwards, to the extent
kemungkinan realisasi manfaat tersebut di masa that realisation of such benefits is probable. Currently
mendatang cukup besar (probable). Tarif pajak yang enacted or substantially enacted tax rates at the year of
berlaku atau yang secara substansial telah berlaku pada deferred tax assets or liabilities realised, are used in the
tahun realisasi aset dan liabilitas pajak tangguhan, determination of deferred income tax.
digunakan dalam menentukan pajak penghasilan
tangguhan.
* Tidak diaudit *Unaudited
38
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 497
Page 500
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
r. Perpajakan (lanjutan) r. Taxation (continued)
Aset pajak tangguhan diakui apabila terdapat Deferred tax assets are recognised only if it is probable
kemungkinan besar bahwa jumlah laba fiskal pada masa that future taxable profit will be available to compensate
datang akan memadai untuk mengkompensasi the temporary differences which resulted in such
perbedaan temporer yang menimbulkan aset pajak deferred tax assets.
tangguhan tersebut.
Manajemen secara periodik mengevaluasi posisi yang Management periodically evaluates positions taken in
dilaporkan di Surat Pemberitahuan (SPT) Tahunan annual tax return with respect to situations in which
sehubungan dengan situasi di mana aturan pajak yang applicable tax regulation is subject to interpretation.
berlaku membutuhkan interpretasi. Jika perlu, Management establishes provisions where appropriate
manajemen menentukan provisi berdasarkan jumlah on the basis of amounts expected to be paid to the tax
yang diharapkan akan dibayar kepada otoritas pajak. authorities.
Aset pajak kini dan liabilitas pajak kini saling hapus dan Current tax assets and current tax liabilities shall be
nilai netonya disajikan dalam laporan posisi keuangan offset and the net amount is presented in the statement
jika, dan hanya jika, Perseroan memiliki hak yang of financial position when and only when, the Company
berkekuatan hukum untuk melakukan saling hapus atas has a legal enforceable right to set off the amounts and
jumlah yang telah diakui tersebut dan berniat untuk intends either to settle on a net basis or to realise the
menyelesaikan secara neto atau untuk merealisasikan asset and settle the liability simultaneously.
aset dan menyelesaikan liabilitasnya secara simultan.
r.1. Pajak final r.1. Final tax
Peraturan perpajakan di Indonesia mengatur Tax regulation in Indonesia determined that certain
beberapa jenis penghasilan dikenakan pajak yang taxable income is subject to final tax. Final tax
bersifat final. Pajak final yang dikenakan atas nilai applied on the gross value of transactions is applied
bruto transaksi tetap dikenakan walaupun atas even when the parties carrying the transaction incur
transaksi tersebut pelaku transaksi mengalami losses.
kerugian.
Pajak final tidak termasuk dalam lingkup yang diatur Final tax is not included in the scope of SFAS 212
oleh PSAK 212 “Pajak Penghasilan”. Oleh karena “Income Taxes”. Therefore, the Company presents
itu, Perseroan menyajikan beban pajak final all of the final tax arising from time deposits and
sehubungan dengan deposito dan giro sebagai pos current account a separate line item.
tersendiri.
s. Sukuk mudharabah s. Mudharabah bonds
Perseroan pada awalnya mengakui sukuk mudharabah The Company initially recognises mudharabah bonds on
pada saat sukuk mudharabah diterbitkan sebesar the date of issuance of mudharabah bonds at the nominal
nominalnya. amount.
Biaya transaksi sehubungan dengan penerbitan sukuk Transaction cost related to the issuance of mudharabah
mudharabah diakui secara terpisah dari sukuk bonds are recognised separately from mudharabah
mudharabah. Biaya transaksi diamortisasi menggunakan bonds. Transaction cost are amortised over the term of
metode garis lurus selama jangka waktu sukuk mudharabah bonds using straight-line method and are
mudharabah dan dicatat sebagai bagian dari beban recorded as part of financing charges.
keuangan.
Sukuk mudharabah disajikan sebagai bagian dari Mudharabah bonds are presented as a part of liabilities
liabilitas dan biaya transaksi sehubungan penerbitan and the transaction cost related to the issuance of
sukuk mudharabah disajikan dalam aset sebagai beban mudharabah bonds are presented on assets as a part of
dibayar dimuka. prepaid expenses.
* Tidak diaudit *Unaudited
39
498 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 501
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
t. Laba per saham t. Earnings per share
Laba per saham dihitung dengan membagi laba tahun Earnings per share are computed by dividing current
berjalan dengan jumlah rata-rata tertimbang jumlah year net income by the weighted average number of
lembar saham yang beredar selama tahun berjalan. outstanding shares during the current year.
Laba per saham dilusian adalah sama dengan laba per Diluted earnings per share are the same with basic
saham dasar dikarenakan Perseroan tidak memiliki earnings per share as the Company does not have
saham dilusian atau instrumen. dilutive shares or instrument.
u. Transaksi dengan pihak berelasi u. Transaction with related parties
Perseroan melakukan transaksi dengan pihak berelasi. The Company has transactions with related parties. The
Sesuai dengan PSAK 224 “Pengungkapan Pihak-Pihak definition of related parties used is in accordance with
Berelasi”, yang dimaksud dengan pihak yang berelasi the SFAS 224 “Related Party Disclosures”, the meaning
adalah orang atau entitas yang berelasi dengan entitas of related party is a person or entity that is related to a
pelapor sebagai berikut: reporting entity as follows:
a. Orang atau anggota keluarga terdekatnya berelasi a. A person or a close member of that person’s family
dengan entitas pelapor jika orang tersebut: is related to a reporting entity if that person:
i. memiliki pengendalian atau pengendalian i. has control or joint control over the reporting
bersama terhadap entitas pelapor; entity;
ii. memiliki pengaruh signifikan terhadap entitas ii. has significant influence over the reporting
pelapor; atau entity; or
iii. personil manajemen kunci entitas pelapor atau iii. is member of the key management personnel
entitas induk pelapor. of the reporting entity or of a parent of the
reporting entity.
b. Suatu entitas berelasi dengan entitas pelapor jika b. An entity is related to a reporting entity if any of the
memenuhi hal-hal sebagai berikut: following conditions applies:
i. entitas dan entitas pelapor adalah anggota dari i. the entity and the reporting entity are members of
kelompok usaha yang sama (artinya entitas the same group (which means that each parent,
induk, entitas anak dan entitas anak berikutnya subsidiary and fellow subsidiary is related to the
terkait dengan entitas lain); others);
ii. suatu entitas adalah entitas asosiasi atau ii. one entity is an associate or joint venture of the
ventura bersama bagi entitas lain (atau entitas other entity (or an associate or joint venture of
asosiasi atau ventura bersama yang member of a company of which the other entity is
merupakan anggota suatu kelompok usaha, a member);
dimana entitas lain tersebut adalah
anggotanya);
iii. kedua entitas tersebut adalah ventura bersama iii. both entities are joint ventures of the same third
dari pihak ketiga yang sama; party;
iv. suatu entitas adalah ventura bersama dari iv. one entity is a joint venture of a third entity and the
entitas ketiga dan entitas yang lain adalah other entity is an associate of the third entity;
entitas asosiasi dari entitas ketiga; v. the entity is a post-employment benefit plan for the
v. entitas tersebut adalah suatu program imbalan benefit of employees of either the reporting entity
pasca-kerja untuk imbalan kerja dari suatu or an entity related to the reporting entity;
entitas pelapor atau entitas yang terkait dengan
entitas pelapor; vi. the entity controlled or jointly controlled by a
vi. entitas yang dikendalikan atau dikendalikan person identified in (a);
bersama oleh orang yang diidentifikasi dalam
butir (a); vii. a person identified in (a) (i) has significant
vii. orang yang diidentifikasi, dalam butir (a) (i) influence over the entity or is a member of the key
memiliki pengaruh signifikan terhadap entitas management personnel of the entity (or of a parent
atau anggota manajemen kunci entitas (atau of the entity);
entitas induk dari entitas); viii. an entity, or any member of a group of which it is
viii. entitas, atau anggota dari kelompok di mana a part, that provides key management personnel
entitas merupakan bagian dari kelompok services to the reporting entity or it is parent.
tersebut, menyediakan jasa personil
manajemen kunci kepada entitas pelapor atau
kepada entitas induk dari entitas pelapor.
* Tidak diaudit *Unaudited
40
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 499
Page 502
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
u. Transaksi dengan pihak berelasi (lanjutan) u. Transaction with related parties (continued)
Jenis transaksi dan saldo dengan pihak-pihak berelasi, The nature of transactions and balances of accounts with
yang dilakukan berdasarkan persyaratan usaha pada related parties which are conducted based on
umumnya dan telah disetujui oleh kedua belah pihak, commercial terms and agreed by both parties, whereby
dimana persyaratan tersebut mungkin tidak sama such terms may not be the same as those of the
dengan transaksi lain yang dilakukan dengan pihak- transactions between nonrelated parties, are disclosed in
pihak yang tidak berelasi, diungkapkan dalam catatan the notes to the financial statements.
atas laporan keuangan.
Jenis transaksi dan saldo dengan pihak-pihak berelasi The nature of transactions and balances of accounts with
diungkapkan pada Catatan 37. related parties are disclosed in the Note 37.
v. Penjabaran mata uang asing v. Foreign currency translation
Transaksi-transaksi dalam mata uang asing dijabarkan Transactions denominated in foreign currencies are
ke dalam Rupiah dengan menggunakan kurs yang translated into Rupiah at the exchange rates prevailing
berlaku pada tanggal transaksi. Pada tanggal pelaporan, at the date of the transaction. At the reporting date,
aset dan liabilitas moneter dalam mata uang asing monetary assets and liabilities denominated in foreign
dijabarkan ke dalam Rupiah dengan menggunakan kurs currencies are translated into Rupiah using the
yang berlaku pada tanggal laporan posisi keuangan. exchange rates prevailing at the statement of financial
position date.
Keuntungan dan kerugian selisih kurs yang timbul dari Exchange gains and losses arising from transactions in
transaksi dalam mata uang asing dan dari penjabaran foreign currencies and from the translation of foreign
aset dan liabilitas moneter dalam mata uang asing, currency monetary assets and liabilities are recognised
diakui pada laporan laba rugi tahun berjalan. in the current year statement of profit or loss.
Pada tanggal 31 Desember 2024 dan 2023, kurs nilai As of 31 December 2024 and 2023, the exchange rates
tukar yang digunakan adalah kurs tengah Reuters used are Reuters’ middle rate of Rp16,095 and
masing-masing sebesar Rp16.095 dan Rp15.397 (nilai Rp15,397 (full amount) for 1 United States Dollar (USD)
penuh) untuk 1 Dolar Amerika Serikat (USD) dan and Rp103 and Rp109 (full amount) for 1 Japanese Yen
sebesar Rp103 dan Rp109 (nilai penuh) untuk 1 Yen (JPY), respectively.
Jepang (JPY).
w. Transaksi sewa (Perseroan sebagai penyewa) w. Lease transaction (the Company as a lessee)
Pada tanggal insepsi kontrak, Perseroan menilai apakah At the inception date of a contract, the Company
kontrak merupakan, atau mengandung sewa. Suatu assesses whether the contract is, or contains a lease.
kontrak merupakan, atau mengandung sewa jika kontrak A contract is, or contains a lease if the contract conveys
tersebut memberikan hak untuk mengendalikan the right to control the use of an identified asset for a
penggunaan aset identifikasian selama jangka waktu period of time in exchange for consideration.
tertentu untuk dipertukarkan dengan imbalan.
Untuk menilai apakah kontrak memberikan hak untuk To assess whether a contract conveys the right to control
mengendalikan penggunaan aset identifikasian, the use of an identified asset, the Company shall assess
Perseroan harus menilai apakah: whether:
- Perseroan memiliki hak untuk mendapatkan secara - The Company has the right to substantially obtain all
substansial seluruh manfaat ekonomi dari economic benefit from use of the indentified asset;
penggunaan aset identifikasian; dan and
- Perseroan memiliki hak untuk mengarahkan - The Company has a right to determine the use of
penggunaan aset identifikasian. identified asset.
Pada tanggal permulaan sewa, Perseroan mengakui At the lease commencement date, the Company
aset hak guna dan liabilitas sewa. Pada pengakuan awal, recognises a right-of-use asset and a lease liability. At
aset hak guna diukur sebesar pengakuan awal liabilitas initial recognition, the right-of-use asset is measured at
sewa ditambah total pembayaran sewa yang telah initial recognition of lease liability plus total lease
dilakukan Perseroan sampai dengan tanggal insepsi. payment that has been paid until inception date. The
Aset hak guna diamortisasi dengan menggunakan right-of-use asset is amortised using straight line method
metode garis lurus sepanjang jangka waktu sewa dan throughout the lease term and recognised as general
diakui sebagai beban umum dan administrasi. and administrative expense.
* Tidak diaudit *Unaudited
41
500 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 503
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
2. INFORMASI KEBIJAKAN AKUNTANSI MATERIAL 2. MATERIAL ACCOUNTING POLICY INFORMATION
(lanjutan) INFORMATION (continued)
w. Transaksi sewa (Perseroan sebagai penyewa) w. Lease transaction (the Company as a lessee)
(lanjutan) (continued)
Liabilitas sewa diukur sebesar nilai kini estimasi biaya The lease liability is measured at the present value of
sewa yang masih harus dibayar oleh Perseroan kepada lease cost that shall be paid by the Company to lessor
pesewa yang didiskontokan dengan menggunakan suku which using the latest series of bond interest rate at
bunga obligasi seri terbaru saat insepsi sewa dengan lease inception with the closest tenor to the lease term
tenor yang paling mendekati masa sewa aset pendasar. of the underlying asset. For underlying assets that the
Untuk aset pendasar yang insepsi sewanya terjadi lease inception occurred before 1 January 2020, the
sebelum 1 Januari 2020, maka Perseroan Company discounted the lease liability using bond
mendiskontokan liabilitas sewa menggunakan suku interest rate of latest series that closest to 1 January
bunga obligasi seri yang terdekat 1 Januari 2020 2020 with closest tenor to the remaining lease term of
dengan tenor yang paling mendekati sisa masa sewa the underlying asset.
aset pendasar.
Bunga atas liabilitas sewa diakui sebagai beban bunga Interest expense from lease liabilites is recognised as
dan keuangan untuk satu periode akuntansi dan interest expense and financing charge for one
menambah saldo liabilitas sewa. accounting period and increase the outstanding lease
liability.
Perseroan memilih untuk tidak menerapkan PSAK 116 The Company opted to not apply SFAS 116 for:
untuk:
- Sewa jangka-pendek; dan - Short term lease; and
- Sewa atas aset yang bernilai rendah dan - Lease for low value asset and;
- Sewa atas aset tak berwujud - Lease for intangible assets
Untuk sewa jangka pendek, sewa aset yang bernilai For short term lease, lease for low value asset and lease
rendah dan sewa atas aset tak berwujud, Perseroan for intangible assets the Company applies the
menerapkan kebijakan akuntansi untuk beban dibayar accounting policy for prepaid expense in accordance
dimuka sesuai dengan Catatan 2.j atau mengakui biaya with Note 2.j or recognises lease expense proportionally
sewa secara proporsional selama periode sewa. Beban during the lease period. These expenses are presented
ini disajikan sebagai bagian dari beban umum dan as part of general and administrative expenses.
administrasi.
x. Segmen operasi x. Operating segments
Segmen operasi adalah suatu komponen dari entitas An operating segment is a component of the entity that
yang terlibat dalam aktivitas bisnis yang mana engages in business activities from which it may earn
memperoleh pendapatan dan menimbulkan beban, revenues and incur expenses, including revenues and
termasuk pendapatan dan beban terkait dengan expenses that relate to transactions with any of the
transaksi dengan komponen lain dari entitas yang entity’s components, whose operating results are
sama, yang hasil operasinya dikaji ulang secara regular reviewed regularly by the chief operating decision maker
oleh pengambil keputusan operasional untuk membuat to make decisions about resources allocated to the
keputusan tentang sumber daya yang dialokasikan segment and assess its performance, and for which
pada segmen tersebut dan menilai kinerjanya, dan discrete financial information is available. The
tersedia informasi keuangan yang dapat dipisahkan. Company’s chief operating decision maker are Board of
Pengambil keputusan operasional Perseroan adalah Directors. Segment results that are reported to the chief
Dewan Direksi. Hasil segmen yang dilaporkan kepada operating decision maker include items directly
pengambil keputusan operasional termasuk bagian attributable to a segment as well as those that can be
yang dapat diatribusikan secara langsung kepada allocated on a reasonable basis.
segmen dan juga yang dapat dialokasikan dengan
basis yang wajar.
Perseroan mengelola kegiatan usahanya dan The Company manages its business activities and
mengidentifikasi segmen yang dilaporkan berdasarkan identifies its segments reported based on product
jenis produk dan wilayah geografis. categories and geographic area.
Perseroan menentukan dan menyajikan segmen The Company determines and presents operating
operasi berdasarkan informasi yang secara internal segments based on the information that is internally
diberikan kepada pengambil keputusan operasional. provided to the chief operating decision maker.
* Tidak diaudit *Unaudited
42
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 501
Page 504
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF ESTIMATES AND JUDGMENTS
Pengungkapan ini merupakan tambahan atas pembahasan These disclosures supplement the financial risk
tentang manajemen risiko keuangan (lihat Catatan 38). management disclosures (see Note 38).
a. Sumber utama ketidakpastian estimasi a. Key sources of estimation uncertainty
a.1. Cadangan kerugian penurunan nilai aset a.1. Allowance for impairment losses on financial
keuangan assets
Evaluasi atas kerugian penurunan nilai aset Evaluation for impairment on financial assets which
keuangan berupa piutang pembiayaan konsumen, are consumer financing receivables, murabahah
piutang pembiayaan murabahah dan piutang sewa financing receivables and finance lease receivabes
pembiayaan dijelaskan di Catatan 2h.1. are described in Note 2h.1.
a.2. Penentuan nilai wajar a.2. Determining fair values
Dalam menentukan nilai wajar atas aset keuangan In determining the fair value for financial assets and
dan liabilitas keuangan dimana tidak terdapat financial liabilities for which there is no observable
harga pasar yang dapat diobservasi, Perseroan market price, the Company uses the valuation
menggunakan teknik penilaian seperti dijelaskan techniques as described in Note 2d.6. For financial
pada Catatan 2d.6. Untuk instrumen keuangan instruments that are traded infrequently and have
yang jarang diperdagangkan dan tidak memiliki less price transparency, the fair value is less
harga yang transparan, nilai wajarnya menjadi objective, and requires varying degrees of judgment
kurang objektif dan karenanya, membutuhkan depending on liquidity, concentration, uncertainty of
tingkat pertimbangan (judgment) yang beragam, market factors, pricing assumptions and other risks
tergantung pada likuiditas, konsentrasi, affecting the specific instrument.
ketidakpastian faktor pasar, asumsi penentuan
harga dan risiko lainnya yang mempengaruhi
instrumen tertentu.
a.3. Pensiun a.3. Pension
Program-program pensiun ditentukan berdasarkan Pension programs are determined based on
perhitungan aktuarial. Perhitungan aktuarial actuarial valuation. The actuarial valuation involves
menggunakan asumsi-asumsi seperti tingkat assumptions such as discount rate, expected rate
diskonto, tingkat pengembalian aset, tingkat of returns on plan assets, salary increase rate,
kenaikan penghasilan, tingkat kematian, tingkat mortality rate, resignation rate, and others.
pengunduran diri, dan lain-lain.
b. Pertimbangan akuntansi yang penting dalam b. Critical accounting judgments in applying the
menetapkan kebijakan akuntansi Perseroan Company’s accounting policies
Pertimbangan akuntansi yang penting dalam Critical accounting judgments made in applying the
menetapkan kebijakan akuntansi Perseroan meliputi Company’s accounting policies include valuation of
penilaian instrumen keuangan. financial instruments.
Kebijakan akuntansi Perseroan untuk pengukuran nilai The Company’s accounting policy on fair value
wajar dibahas di Catatan 2d.6. measurements is discussed in Note 2d.6.
Perseroan mengukur nilai wajar dengan menggunakan The Company measures fair values using the following
hirarki dari metode berikut ini: hierarchy of methods:
• Tingkat 1 • Level 1
Harga kuotasi di pasar yang aktif untuk instrumen Quoted market price in an active market for
keuangan yang sejenis. an identical instrument.
* Tidak diaudit *Unaudited
43
502 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 505
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
3. PENGGUNAAN ESTIMASI DAN PERTIMBANGAN 3. USE OF ESTIMATES AND JUDGMENTS (continued)
(lanjutan)
b. Pertimbangan akuntansi yang penting dalam b. Critical accounting judgments in applying
menetapkan kebijakan akuntansi Perseroan the Company’s accounting policies (continued)
(lanjutan)
Perseroan mengukur nilai wajar dengan menggunakan The Company measures fair values using the following
hirarki dari metode berikut ini: (lanjutan) hierarchy of methods: (continued)
• Tingkat 2 • Level 2
Teknik penilaian berdasarkan input yang dapat Valuation techniques based on observable inputs.
diobservasi. Termasuk dalam kategori ini adalah This category includes instruments valued using
instrumen keuangan yang dinilai dengan quoted market prices in active markets for similar
menggunakan harga kuotasi di pasar aktif untuk instruments; quoted prices for similar instruments in
instrumen yang serupa; harga kuotasi untuk markets that are considered less than active; or other
instrumen keuangan yang serupa di pasar yang valuation techniques where all significant inputs are
kurang aktif; atau teknik penilaian lainnya dimana directly or indirectly observable from market data.
seluruh input signifikan yang digunakan dapat
diobservasi secara langsung ataupun tidak
langsung dari data yang tersedia di pasar.
• Tingkat 3 • Level 3
Teknik penilaian yang menggunakan input signifikan Valuation techniques using significant unobservable
yang tidak dapat diobservasi. Termasuk dalam inputs. This category includes all instruments where
kategori ini adalah semua instrumen keuangan the valuation technique includes inputs not based on
dimana teknik penilaiannya menggunakan input observable data and the unobservable inputs could
yang bukan merupakan data yang dapat diobservasi have a significant effect on the instrument's valuation.
dan input yang tidak dapat diobservasi tersebut This category includes instruments that are valued
dapat memiliki dampak signifikan terhadap penilaian based on quoted prices for similar instruments where
instrumen keuangan. Termasuk dalam kategori ini significant unobservable adjustments or assumptions
adalah instrumen yang dinilai berdasarkan harga are required to reflect differences between the
kuotasi untuk instrumen yang sejenis dimana instruments.
terdapat penyesuaian signifikan yang tidak dapat
diobservasi atau asumsi-asumsi yang diperlukan
untuk mencerminkan selisih antara instrumen
keuangan yang diperbandingkan.
* Tidak diaudit *Unaudited
44
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 503
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
4. KAS DAN SETARA KAS 4. CASH AND CASH EQUIVALENTS
2024 - 2023 -
Kas Cash on hand
Rupiah 117.502 128.375 Rupiah
Kas di bank Cash in banks
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank Mandiri (Persero) Tbk 150.022 40 PT Bank Mandiri (Persero) Tbk
PT Bank Central Asia Tbk 111.730 65.310 PT Bank Central Asia Tbk
PT Bank Rakyat Indonesia (Persero) Tbk 102.000 1.097 PT Bank Rakyat Indonesia (Persero) Tbk
PT Bank Mega Tbk 55.009 300.216 PT Bank Mega Tbk
PT Bank Pembangunan Daerah PT Bank Pembangunan Daerah
Jawa Barat & Banten Tbk 50.064 110.071 Jawa Barat & Banten Tbk
PT Bank Pan Indonesia Tbk 20.179 11.424 PT Bank Pan Indonesia Tbk
PT Bank BCA Syariah 20.030 15.096 PT Bank BCA Syariah
JPMorgan Chase Bank, N.A., cabang Jakarta 3.934 32 JPMorgan Chase Bank, N.A., Jakarta branch
PT Bank Negara Indonesia (Persero) Tbk 2.933 15.617 PT Bank Negara Indonesia (Persero) Tbk
Lain-lain 64.358 50.620 Others
580.259 569.523
Dolar Amerika Serikat United States Dollar
PT Bank Central Asia Tbk PT Bank Central Asia Tbk
(lihat Catatan 41) 601 576 (see Note 41)
580.860 570.099
Pihak berelasi Related parties
Rupiah Rupiah
PT Bank Danamon Indonesia Tbk 826.408 736.964 PT Bank Danamon Indonesia Tbk
MUFG Bank, Ltd. (Jakarta) 29.026 30 MUFG Bank, Ltd. (Jakarta)
855.434 736.994
Dolar Amerika Serikat United States Dollar
PT Bank Danamon Indonesia Tbk PT Bank Danamon Indonesia Tbk
(lihat Catatan 41) 62 23 (see Note 41)
855.496 737.017
1.553.858
1 1.435.491
Tingkat suku bunga setahun untuk kas di bank dalam Rupiah Interest rates per annum for cash in banks in Indonesian
berkisar 0,75% - 6,00% pada tahun 2024 dan 2023. Rupiah ranged from 0.75% - 6.00% in 2024 and 2023.
Rata-rata tertimbang tingkat suku bunga efektif kas di bank The weighted average effective interest rate of cash in banks
dalam Rupiah per tahun pada tanggal 31 Desember 2024 in Indonesian Rupiah per annum as of 31 December 2024
adalah 2,31% (2023: 2,78%). was 2.31% (2023: 2.78%).
Tidak ada saldo kas dan setara kas yang dibatasi There is no cash and cash equivalents that is restricted as of
penggunaannya pada tanggal 31 Desember 2024 dan 2023. 31 December 2024 and 2023.
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar kas dan setara Information with respect to the classification and fair value of
kas diungkapkan pada Catatan 39. cash and cash equivalents is disclosed in Note 39.
* Tidak diaudit *Unaudited
45
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
5. PIUTANG PEMBIAYAAN KONSUMEN 5. CONSUMER FINANCING RECEIVABLES
2024 - 2023 -
Piutang pembiayaan konsumen - bruto Consumer financing receivables - gross
Pihak ketiga 53.720.772 54.543.849 Third parties
Pihak berelasi 7.688 6.122 Related parties
53.728.460 54.549.971
Pendapatan pembiayaan konsumen
yang belum diakui Unearned consumer financing income
Pihak ketiga (12.226.407) (12.673.901) Third parties
Pihak berelasi (648) (679) Related parties
(12.227.055) (12.674.580)
41.501.405 41.875.391
Dikurangi: Less:
Bagian piutang pembiayaan konsumen yang Portion of consumer financing receivables
dibiayai pihak berelasi - neto (20.174.580) (19.924.172) financed by related party - net
21.326.825 21.951.219
Cadangan kerugian penurunan nilai Allowance for impairment losses
Pihak ketiga (1.176.631) (1.270.483) Third parties
Pihak berelasi (68) (107) Related parties
(1.176.699) (1.270.590)
Piutang pembiayaan konsumen - neto 20.150.126
1 20.680.629
1 Consumer financing receivables - net
Pada tanggal 31 Desember 2024, piutang pembiayaan As of 31 December 2024, the gross consumer financing
konsumen bruto di atas termasuk biaya transaksi yang terkait receivables above include transaction costs directly
langsung dengan pemberian pembiayaan konsumen sebesar attributable to the origination of consumer financing accounts
Rp1.006.974 (2023: Rp981.807) (lihat Catatan 2d.2). amounting to Rp1,006,974 (2023: Rp981,807) (see Note
2d.2).
Rata-rata jangka waktu kontrak pembiayaan konsumen pada The average period of consumer financing contracts as of
tanggal 31 Desember 2024 dan 2023 adalah sebagai berikut: 31 December 2024 and 2023 are as follows:
2024 - 2023 -
Mobil 50 bulan/months 49 bulan/months Cars
Sepeda motor 29 bulan/months 29 bulan/months Motorcycles
Barang durable 12 bulan/months 12 bulan/months Durable goods
Lainnya 23 bulan/months 22 bulan/months Others
Angsuran piutang pembiayaan konsumen bruto yang akan The installments of gross consumer financing receivables,
diterima dari konsumen sesuai dengan tanggal jatuh tempo which will be collected from consumers in accordance with the
kontraktualnya adalah sebagai berikut: contractual due dates are as follows:
2024 - 2023 -
< 1 tahun 25.702.529 25.218.835 < 1 year
1 - 2 tahun 15.521.334 15.569.412 1 - 2 years
> 2 tahun 12.504.597 13.761.724 > 2 years
Jumlah piutang pembiayaan konsumen - bruto 53.728.460
1 54.549.971
1 Total consumer financing receivables - gross
* Tidak diaudit *Unaudited
46
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
5. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 5. CONSUMER FINANCING RECEIVABLES (continued)
Rata-rata tertimbang tingkat suku bunga efektif piutang The weighted average effective interest rate of consumer
pembiayaan konsumen per tahun pada tanggal financing receivables per annum as of 31 December 2024
31 Desember 2024 dan 2023 adalah sebagai berikut: and 2023 are as follows:
2024 - 2023 -
Mobil 16,66% 17,06% Cars
Sepeda motor 33,32% 34,18% Motorcycles
Barang durable 57,55% 61,49% Durable goods
Lainnya 31,88% 32,23% Others
Pengelompokan piutang pembiayaan konsumen menurut Classification of consumer financing receivables based on
debitur disajikan pada Catatan 38. debtor is presented in Note 38.
Piutang pembiayaan konsumen bruto berdasarkan jenis Gross consumer financing receivables based on financing
obyek pembiayaan adalah sebagai berikut: object are as follows:
2024 - 2023 -
Mobil 24.004.366 26.576.700 Cars
Sepeda motor 18.885.031 18.670.727 Motorcycles
Barang durable 109.575 260.905 Durable goods
Lainnya 10.729.488 9.041.639 Others
53.728.460
1 54.549.971
1
Rincian pendapatan pembiayaan konsumen yang belum Details of unearned consumer financing income are as follows:
diakui adalah sebagai berikut:
2024 - 2023 -
Pembiayaan sendiri 8.405.512 8.946.471 Self financing
Dibiayai pihak berelasi 3.821.543 3.728.109 Financed by related parties
12.227.055
1 12.674.580
1
Perubahan cadangan kerugian penurunan nilai adalah The movements of the allowance for impairment losses were
sebagai berikut: as follows:
2024 - 2023 -
Saldo pada awal tahun Balance at beginning of year
Pihak ketiga 1.270.483 1.252.416 Third parties
Pihak berelasi 107 42 Related parties
1.270.590 1.252.458
Penyisihan/(pemulihan) selama tahun berjalan Provision/(reversal) during the year
Pihak ketiga 1.659.451 1.215.121 Third parties
Pihak berelasi (39) 65 Related parties
1.659.412 1.215.186
2.930.002 2.467.644
Penghapusan piutang Receivables written-off
Pihak ketiga (1.753.303) (1.197.054) Third parties
Saldo pada akhir tahun 1.176.699
1 1.270.590
1 Balance at end of year
* Tidak diaudit *Unaudited
47
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
5. PIUTANG PEMBIAYAAN KONSUMEN (lanjutan) 5. CONSUMER FINANCING RECEIVABLES (continued)
Piutang pembiayaan konsumen dievaluasi untuk penurunan Consumer financing receivables are evaluated for
nilai atas dasar seperti yang dijelaskan pada Catatan 2h.1. impairment on the basis described in Note 2h.1.
Piutang pembiayaan konsumen yang telah direstrukturisasi Restructured consumer financing receivables as of
pada tanggal 31 Desember 2024 sebesar Rp329.952 (2023: 31 December 2024 amounted to Rp329,952 (2023:
Rp426.896). Rp426,896).
Piutang pembiayaan konsumen pada tanggal Consumer financing receivables as of 31 December 2024
31 Desember 2024 sebesar RpNihil (2023: Rp562.875) amounting to RpNil (2023: Rp562,875) were used as
digunakan sebagai jaminan utang obligasi (lihat Catatan 19). collateral to bonds payable (see Note 19).
Sebagai jaminan atas piutang pembiayaan konsumen For the collateral to the vehicle consumer financing
kendaraan bermotor yang diberikan, Perseroan menerima receivables, the Company received the Certificates of
jaminan dari konsumen berupa Bukti Pemilikan Kendaraan Ownership (“BPKB”) of the vehicles financed by the
Bermotor (“BPKB”) atas kendaraan bermotor yang dibiayai Company.
Perseroan.
Manajemen berpendapat bahwa jumlah cadangan kerugian Management believes that the allowance for impairment
penurunan nilai yang dibentuk cukup untuk menutup kerugian losses provided is adequate to cover possible losses arising
yang mungkin timbul akibat tidak tertagihnya piutang from uncollectible consumer financing receivables.
pembiayaan konsumen.
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar piutang Information with respect to the classification and fair value of
pembiayaan konsumen diungkapkan pada Catatan 39. consumer financing receivables is disclosed in Note 39.
Pembiayaan bersama Joint financing
Perseroan melakukan kerjasama pembiayaan bersama The Company entered into joint financing with PT Bank
dengan PT Bank Danamon Indonesia Tbk (Lihat Catatan 37). Danamon Indonesia Tbk (see Note 37).
Pengambilalihan piutang pembiayaan Take-over of financing receivables
Pada tanggal 17 April 2023, Perseroan telah menandatangani On 17 April 2023, the Company has signed the Portfolio
Perjanjian Transfer Portfolio dengan Standard Chartered Transfer Agreement with Standard Chartered Bank
Bank Indonesia (“SCBI”) untuk mengakuisisi portfolio Indonesia (“SCBI”) to acquire SCBI's Conventional Retail
Pinjaman Ritel Konvensional SCBI yang terdiri atas Kredit Loan portfolio that consists of Auto Loan with the agreed
Kendaraan Bermotor dengan harga beli yang disepakati purchase price is Rp61,432.
sebesar Rp61.432.
* Tidak diaudit *Unaudited
48
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PIUTANG PEMBIAYAAN MURABAHAH 6. MURABAHAH FINANCING RECEIVABLES
2024 - 2023 -
Piutang pembiayaan murabahah - bruto Murabahah financing receivables - gross
Pihak ketiga 15.686.818 16.159.859 Third parties
Pihak berelasi 863 317 Related parties
15.687.681 16.160.176
Marjin murabahah yang belum diakui Unearned murabahah margin
Pihak ketiga (3.532.846) (3.813.876) Third parties
Pihak berelasi (39) (23) Related parties
(3.532.885) (3.813.899)
12.154.796 12.346.277
Dikurangi: Less:
Bagian piutang pembiayaan murabahah yang Portion of murabahah financing receivables
dibiayai pihak berelasi - neto (6.266.141) (6.534.107) financed by related party - net
5.888.655 5.812.170
Cadangan kerugian penurunan nilai Allowance for impairment losses
Pihak ketiga (336.694) (292.095) Third parties
Pihak berelasi (39) (13) Related parties
(336.733) (292.108)
Piutang pembiayaan murabahah - neto 5.551.922
1 5.520.062
1 Murabahah financing receivables - net
Pada tanggal 31 Desember 2024, piutang pembiayaan As of 31 December 2024, the gross murabahah financing
murabahah bruto termasuk biaya transaksi yang terkait receivables include transaction costs directly attributable to
langsung dengan pemberian pembiayaan murabahah the origination of murabahah financing accounts amounted to
sebesar Rp325.159 (2023: Rp325.824) (lihat Catatan 2d.2). Rp325,159 (2023: Rp325,824) (see Note 2d.2).
Rata-rata jangka waktu kontrak pembiayaan murabahah pada The average period of murabahah financing contracts as of
tanggal 31 Desember 2024 dan 2023 adalah sebagai berikut: 31 December 2024 and 2023 are as follows:
2024 - 2023 -
Mobil 50 bulan/months 49 bulan/months Cars
Sepeda motor 29 bulan/months 29 bulan/months Motorcycles
Barang durable 12 bulan/months 12 bulan/months Durable goods
Lainnya 35 bulan/months 24 bulan/months Others
Angsuran piutang pembiayaan murabahah bruto yang akan The installments of gross murabahah financing receivables,
diterima dari konsumen sesuai dengan tanggal jatuh tempo which will be collected from consumers in accordance with the
kontraktualnya adalah sebagai berikut: contractual due dates are as follows:
2024 - 2023 -
< 1 tahun 7.064.244 6.956.085 < 1 year
1 - 2 tahun 4.586.986 4.680.746 1 - 2 years
> 2 tahun 4.036.451 4.523.345 > 2 years
Jumlah piutang pembiayaan murabahah - bruto 15.687.681 16.160.176
1 Total murabahah financing receivables - gross
* Tidak diaudit *Unaudited
49
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PIUTANG PEMBIAYAAN MURABAHAH (lanjutan) 6. MURABAHAH FINANCING RECEIVABLES (continued)
Rata-rata tertimbang marjin efektif piutang pembiayaan The weighted average effective margin of murabahah
murabahah per tahun pada tanggal 31 Desember 2024 dan financing receivables per annum as of 31 December 2024 and
2023 adalah sebagai berikut: 2023 are as follows:
2024 - 2023 -
Mobil 17,13% 17,39% Cars
Sepeda Motor 32,74% 33,55% Motorcycles
Barang durable 57,02% 61,87% Durable goods
Lainnya 22,29% 28,11% Others
Pengelompokan piutang pembiayaan murabahah menurut Classification of murabahah financing receivables based on
debitur disajikan pada Catatan 38. debtor is presented in Note 38.
Piutang pembiayaan murabahah bruto berdasarkan jenis Gross murabahah financing receivables based on financing
obyek pembiayaan adalah sebagai berikut: object are as follows:
2024 - 2023 -
Mobil 9.660.803 9.935.161 Cars
Sepeda motor 5.984.917 6.127.101 Motorcycles
Barang durable 38.708 90.356 Durable goods
Lainnya 3.253 7.558 Others
15.687.681
1 16.160.176
1
Rincian marjin murabahah yang belum diakui adalah sebagai Details of unearned murabahah margin are as follows:
berikut:
2024 - 2023 -
Pembiayaan sendiri 2.149.994 2.451.409 Self financing
Dibiayai pihak berelasi 1.382.891 1.362.490 Financed by related parties
3.532.885
1 3.813.899
1
Perubahan cadangan kerugian penurunan nilai adalah The movements of the allowance for impairment losses were
sebagai berikut: as follows:
2024 - 2023 -
Saldo pada awal tahun Balance at beginning of year
Pihak ketiga 292.095 187.851 Third parties
Pihak berelasi 13 9 Related parties
292.108 187.860
Penyisihan selama tahun berjalan Provision during the year
Pihak ketiga 514.777 413.208 Third parties
Pihak berelasi 26 4 Related parties
514.803 413.212
806.911 601.072
Penghapusan piutang Receivables written-off
Pihak ketiga (470.178) (308.964) Third parties
Saldo pada akhir tahun 336.733
1 292.108
1 Balance at end of year
* Tidak diaudit *Unaudited
50
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
6. PIUTANG PEMBIAYAAN MURABAHAH (lanjutan) 6. MURABAHAH FINANCING RECEIVABLES (continued)
Piutang pembiayaan murabahah dievaluasi untuk penurunan Murabahah financing receivables are evaluated for
nilai atas dasar seperti yang dijelaskan pada Catatan 2h.1. impairment on the basis described in Note 2h.1.
Piutang pembiayaan murabahah yang telah direstrukturisasi Restructured murabahah financing receivables as of
pada tanggal 31 Desember 2024 sebesar Rp103.222 (2023: 31 December 2024 amounted to Rp103,222 (2023:
Rp61.005). Rp61,005).
Piutang pembiayaan murabahah pada tanggal Murabahah financing receivables as of 31 December 2024
31 Desember 2024 sebesar RpNihil (2023: Rp23.000) amounting to RpNil (2023: Rp23,000) were used as collateral
digunakan sebagai jaminan sukuk mudharabah (lihat to mudharabah bonds (see Note 23).
Catatan 23).
Sebagai jaminan atas piutang pembiayaan murabahah For the collateral to the vehicle murabahah financing
kendaraan bermotor yang diberikan, Perseroan menerima receivables, the Company received the Certificates of
jaminan dari konsumen berupa Bukti Pemilikan Kendaraan Ownership (“BPKB”) of the vehicles financed by the
Bermotor (“BPKB”) atas kendaraan bermotor yang dibiayai Company.
Perseroan.
Manajemen berpendapat bahwa jumlah cadangan kerugian Management believes that the allowance for impairment
penurunan nilai yang dibentuk cukup untuk menutup losses provided is adequate to cover possible losses arising
kerugian yang mungkin timbul akibat tidak tertagihnya from uncollectible murabahah financing receivables.
piutang pembiayaan murabahah.
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar piutang Information with respect to the classification and fair value of
pembiayaan murabahah diungkapkan pada Catatan 39. murabahah financing receivables is disclosed in Note 39.
Pembiayaan bersama Joint financing
Perseroan melakukan kerjasama pembiayaan bersama The Company entered into joint financing with PT Bank
dengan PT Bank Danamon Indonesia Tbk (lihat Catatan 37). Danamon Indonesia Tbk (see Note 37).
7. PIUTANG SEWA PEMBIAYAAN 7. FINANCE LEASE RECEIVABLES
2024 - 2023 -
Konvensional 1.506.907 1.212.876 Conventional
Syariah 728.492 231.424 Sharia
Piutang sewa pembiayaan 2.235.399
1 1.444.300
1 Finance leases receivables
Konvensional: Conventional:
2024 - 2023 -
Piutang sewa pembiayaan - bruto 1.749.944 1.447.447 Finance leases receivables - gross
Nilai residu yang terjamin 563.230 455.335 Guaranteed residual value
Pendapatan sewa pembiayaan yang
belum diakui (200.793) (184.084) Unearned finance lease income
Simpanan jaminan (563.230) (455.335) Security deposits
1.549.151 1.263.363
Cadangan kerugian penurunan nilai (42.244) (50.487) Allowance for impairment losses
Piutang sewa pembiayaan - neto 1.506.907
1 1.212.876
1 Finance leases receivables - net
* Tidak diaudit *Unaudited
51
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. PIUTANG SEWA PEMBIAYAAN (lanjutan) 7. FINANCE LEASE RECEIVABLES (continued)
Syariah: Sharia:
2024 - 2023 -
Aset IMBT 1.075.770 330.547 Asset IMBT
Akumulasi penyusutan (315.068) (88.840) Accumulated Depreciation
Cadangan kerugian penurunan nilai (32.210) (10.283) Allowance for impairment losses
Aset IMBT - neto 728.492
1 231.424
1 Asset IMBT - net
Pada tanggal 31 Desember 2024, piutang sewa pembiayaan As of 31 December 2024, the gross finance lease receivables
bruto termasuk biaya transaksi yang terkait langsung dengan include transaction costs directly attributable to the origination
pemberian pembiayaan sewa sebesar Rp17.538 (2023: of finance lease accounts amounting to Rp17,538 (2023:
Rp5.421) (lihat Catatan 2d.2). Rp5,421) (see Note 2d.2).
Rata-rata jangka waktu kontrak sewa pembiayaan pada The average period of finance lease contracts as of
tanggal 31 Desember 2024 dan 2023 adalah sebagai berikut: 31 December 2024 and 2023 are as follows:
2024 - 2023 -
Mobil 38 bulan/months 40 bulan/months Cars
Sepeda motor 27 bulan/months 28 bulan/months Motorcycles
Lainnya 22 bulan/months 23 bulan/months Others
Angsuran piutang sewa pembiayaan bruto yang akan The installments of gross finance lease receivables, which
diterima dari konsumen sesuai dengan tanggal jatuh tempo will be collected from consumers in accordance with the
kontraktualnya adalah sebagai berikut: contractual due dates are as follows:
2024 - 2023 -
< 1 tahun 1.431.553 919.658 < 1 year
1 - 2 tahun 745.100 509.221 1 - 2 years
> 2 tahun 333.993 260.275 > 2 years
Jumlah piutang sewa pembiayaan - bruto 2.510.646
1 1.689.154
1 Total finance lease receivables - gross
Rata-rata tertimbang tingkat suku bunga efektif piutang sewa The weighted average effective interest rates of finance lease
pembiayaan (konvensional) per tahun pada tanggal receivables (conventional) per annum as of 31 December
31 Desember 2024 dan 2023 adalah sebagai berikut: 2024 and 2023 are as follows:
2024 - 2023 -
Mobil 10,48% 11,33% Cars
Sepeda Motor 26,36% 25,56% Motorcycles
Alat berat dan lainnya 13,72% 14,07% Heavy equipment and others
Pengelompokan piutang sewa pembiayaan menurut debitur Classification of finance lease receivables based on debtor is
disajikan pada Catatan 38. presented in Note 38.
Piutang sewa pembiayaan bruto berdasarkan jenis obyek Gross finance lease receivables based on financing object are
pembiayaan adalah sebagai berikut: as follows:
2024 - 2023 -
Mobil 668.944 635.397 Cars
Sepeda motor 1.616 2.326 Motorcycles
Alat berat 616.529 464.859 Heavy equipment
Multiguna 1.223.557 586.572 Multipurpose
2.510.646
1 1.689.154
1
* Tidak diaudit *Unaudited
52
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 511
Page 514
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
7. PIUTANG SEWA PEMBIAYAAN (lanjutan) 7. FINANCE LEASE RECEIVABLES (continued)
Perubahan cadangan kerugian penurunan nilai adalah The movements of the allowance for impairment losses were
sebagai berikut: as follows:
2024 - 2023 -
Saldo pada awal tahun 60.770 47.448 Balance at beginning of year
Penyisihan selama tahun berjalan 51.501 19.256 Provision during the year
112.271 66.704
Penghapusan piutang (37.817) (5.934) Receivables written-off
Saldo pada akhir tahun 74.454
1 60.770
1 Balance at end of year
Piutang sewa pembiayaan dievaluasi untuk penurunan nilai Finance lease receivables are evaluated for impairment on
atas dasar seperti yang dijelaskan pada Catatan 2h.1. the basis described in Note 2h.1.
Piutang sewa pembiayaan yang telah direstrukturisasi pada Restructured finance lease receivables as of 31 December
tanggal 31 Desember 2024 sebesar Rp9.162 (2023: 2024 amounted to Rp9,162 (2023: Rp5,859).
Rp5.859).
Pada saat perjanjian sewa pembiayaan dimulai, lessee At the time of execution of the finance lease agreements, the
memberikan simpanan jaminan. Simpanan jaminan ini akan lessees pay security deposits. The security deposits are used
digunakan sebagai pembayaran pada akhir masa sewa as the final installment at the end of the finance lease period,
pembiayaan, bila hak opsi dilaksanakan lessee. Apabila if the lessees exercise the option to purchase the leased
lessee tidak melaksanakan hak opsinya untuk membeli aset asset. If the lessees do not exercise the purchase option, the
sewa pembiayaan tersebut maka simpanan jaminan security deposit will be returned to the lessees as long as it
dikembalikan kepada lessee sepanjang memenuhi ketentuan meets the conditions in the finance lease agreements.
dalam perjanjian sewa pembiayaan.
Manajemen berpendapat bahwa jumlah cadangan kerugian Management believes that the allowance for impairment
penurunan nilai yang dibentuk cukup untuk menutup losses provided is adequate to cover possible losses arising
kerugian yang mungkin timbul akibat tidak tertagihnya from uncollectible finance lease receivables.
piutang sewa pembiayaan.
Informasi mengenai klasifikasi dan nilai wajar piutang sewa Information with respect to the classification and fair value of
pembiayaan diungkapkan pada Catatan 39. finance lease receivables is disclosed in Note 39.
8. BEBAN DIBAYAR DIMUKA 8. PREPAID EXPENSES
2024 - 2023 -
Pihak ketiga Third parties
Sewa 48.944 31.954 Rent
Renovasi bangunan 23.485 28.750 Building renovation
Tunjangan karyawan 8.236 4.865 Employees’ allowances
Emisi sukuk mudharabah 1.493 2.386 Mudharabah bonds issuance
Lain-lain 75.979 36.205 Others
158.137 104.160
Pihak berelasi Related party
Premi asuransi kesehatan, aset tetap Health, fixed asset and other
dan lainnya 44.053 38.904 insurance premium
202.190
1 143.064
1
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
* Tidak diaudit *Unaudited
53
512 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 515
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
9. PIUTANG LAIN-LAIN 9. OTHER RECEIVABLES
2024 - 2023 -
Pihak ketiga Third parties
Piutang karyawan 86.619 89.120 Employee receivables
Piutang klaim asuransi 12.865 15.018 Insurance claims receivable
Piutang komisi asuransi 4.255 7.796 Insurance commission receivables
Piutang agen pembayaran - 137.909 Payment channel receivables
Lain-lain - neto 17.642 24.066 Others - net
121.381 273.909
Pihak berelasi Related parties
Piutang komisi asuransi 37.808 53.019 Insurance commission receivables
Piutang karyawan 16.431 14.133 Employee receivables
54.239 67.152
175.620
1 341.061
Manajemen berpendapat bahwa jumlah cadangan kerugian Management believes that allowance for impairment losses
penurunan nilai atas piutang lain-lain dari pihak ketiga yang of other receivables from third parties included in “others” as
dimasukkan sebagai “lain-lain” pada tanggal 31 Desember of 31 December 2024 amounting to Rp86 (2023: Rp51) is
2024 sebesar Rp86 (2023: Rp51) cukup untuk menutupi adequate to cover possible losses from uncollectible other
kerugian yang mungkin timbul akibat tidak tertagihnya receivables from third parties.
piutang lain-lain dari pihak ketiga.
Manajemen berpendapat bahwa seluruh piutang lain-lain Management believes that all other receivables are fully
dapat tertagih. collectible.
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar piutang Information with respect to the classification and fair value of
karyawan, piutang klaim asuransi dan piutang komisi employee receivables, insurance claims receivables and
asuransi diungkapkan pada Catatan 39. insurance commission receivables are disclosed in Note 39.
10. ASET/LIABILITAS DERIVATIF 10. DERIVATIVE ASSETS/LIABILITIES
2024 - 2023 -
Aset derivatif Derivative assets
Pihak ketiga Third parties
PT Bank UOB Indonesia 24.123 - PT Bank UOB Indonesia
PT Bank ANZ Indonesia 16.599 - PT Bank ANZ Indonesia
PT Bank DBS Indonesia 8.900 - PT Bank DBS Indonesia
PT Bank CTBC Indonesia 7.086 - PT Bank CTBC Indonesia
PT Bank Maybank Indonesia Tbk 6.098 1.006 PT Bank Maybank Indonesia Tbk
62.806
-- 1.006
--
Liabilitas derivatif Derivative liabilities
Pihak ketiga Third party
PT Bank Maybank Indonesia Tbk 44.988 - PT Bank Maybank Indonesia Tbk
PT Bank CIMB Niaga Tbk 24.372 - PT Bank CIMB Niaga Tbk
PT Bank OCBC NISP Tbk 4.447 - PT Bank OCBC NISP Tbk
PT Bank UOB Indonesia 1.609 - PT Bank UOB Indonesia
75.416
-- --
-
* Tidak diaudit *Unaudited
54
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 513
Page 516
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023 As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
10. ASET/LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE ASSETS/LIABILITIES (continued)
Pada tanggal 31 Desember 2024, Perseroan mempunyai As of 31 December 2024, the Company has an outstanding
kontrak cross currency swap dengan pihak ketiga yang cross currency swap contracts with third party which is PT
belum jatuh tempo dengan PT Bank Maybank Indonesia Tbk, Bank Maybank Indonesia Tbk, PT Bank UOB Indonesia, PT
PT Bank UOB Indonesia, PT Bank DBS Indonesia, PT Bank Bank DBS Indonesia, PT Bank CTBC Indonesia, PT Bank
CTBC Indonesia, PT Bank CIMB Niaga Tbk, PT Bank OCBC CIMB Niaga Tbk, PT Bank OCBC NISP Tbk, and PT Bank
NISP Tbk, dan PT Bank ANZ Indonesia. ANZ Indonesia.
Perseroan melakukan kontrak cross currency swap dengan The Company entered into cross currency swap contracts to
tujuan lindung nilai atas risiko fluktuasi arus kas yang hedge the risk of fluctuations in cash flows arising from
ditimbulkan oleh kurs mata uang dan tingkat suku bunga atas exchange rates and interest rates on borrowing.
pinjaman yang diterima.
Perubahan atas nilai wajar dari kontrak cross currency swap Changes in the fair value of the cross currency swap contract
yang ditetapkan sebagai instrumen lindung nilai, yang secara designated as hedging instruments that effectively offset the
efektif menghapus variabilitas arus kas dari pinjaman terkait variability of cash flows associated with the borrowings are
dicatat di penghasilan komprehensif lainnya. Nilai ini recorded in other comprehensive income. The amounts are
kemudian diakui dalam laporan laba rugi sebagai subsequently recognised in the statement of profit or loss as
penyesuaian atas laba atau rugi selisih kurs dan beban adjustments of the exchange rate differences and interest
bunga pinjaman terkait yang dilindungi nilai pada periode payments related to the hedged borrowings in the same
yang sama dimana selisih kurs dan beban bunga tersebut period in which the related exchange rate differences and
diakui pada perkiraan laba rugi. interest payments affect profit or loss.
* Tidak diaudit *Unaudited
55
514 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 517
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
10. ASET/LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE ASSETS/LIABILITIES (continued)
Rincian dari kontrak-kontrak tersebut pada tanggal 31 Desember 2024 dan 2023 The details of these contracts as of 31 December 2024 and 2023 are as follows:
adalah sebagai berikut:
Sisa nilai kontrak/ Aset/(liabilitas) derivatif/
Periode kontrak/Contract period Remaining contract value Derivative asset/(liabilities)
Pihak lawan/ Nilai kontrak/
Counterparty Contract value Awal/Start Akhir/End 2024 2023 2024 2023
Cross currency and interest rate swap
PT Bank Maybank Indonesia 12 Desember/ 11 Desember/
Tbk JPY 2.160.000.000 December 2023 December 2026 JPY 1.440.000.000 JPY 2.160.000.000 (8.363) 1.006
PT Bank Maybank Indonesia 15 Januari/ 15 Januari/
Tbk JPY 2.910.000.000 January 2024 January 2027 JPY 2.182.500.000 - (13.237) -
PT Bank Maybank Indonesia 19 Januari/ 19 Januari/
Tbk JPY 2.208.000.000 January 2024 January 2027 JPY 1.656.000.000 - (8.294) -
PT Bank Maybank Indonesia 16 Februari/ 16 Februari/
Tbk JPY 2.991.000.000 February 2024 February 2027 JPY 2.243.250.000 - (6.018) -
PT Bank Maybank Indonesia 07 Maret/ 05 Maret/
Tbk JPY 3.731.112.000 March 2024 March 2027 JPY 2.798.334.000 - (7.526) -
PT Bank Maybank Indonesia 26 Maret/ 30 Maret/
Tbk USD 20.000.000 March 2024 March 2027 USD 15.000.000 - 6.098 -
26 Maret/ 30 Maret/
PT Bank UOB Indonesia USD 20.000.000 March 2024 March 2027 USD 15.000.000 - 7.493 -
3 April/ 6 April/
PT Bank DBS Indonesia USD 30.000.000 April 2024 April 2027 USD 25.000.000 - 8.900 -
3 April/ 6 April/
PT Bank CTBC Indonesia USD 30.000.000 April 2024 April 2027 USD 25.000.000 - 7.086 -
20 Juni/ 21 Juni/
PT Bank CIMB Niaga Tbk USD 60.000.000 June 2024 June 2027 USD 50.000.000 - (12.288) -
* Tidak diaudit *Unaudited
56
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 515
Page 518
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
10. ASET/LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE ASSETS/LIABILITIES (continued)
Rincian dari kontrak-kontrak tersebut pada tanggal 31 Desember 2024 dan 2023 The details of these contracts as of 31 December 2024 and 2023 are as follows:
adalah sebagai berikut: (lanjutan) (continued)
Sisa nilai kontrak/ Aset/(liabilitas) derivatif/
Periode kontrak/Contract period Remaining contract value Derivative asset/(liabilities)
Pihak lawan/ Nilai kontrak/
Counterparty Contract value Awal/Start Akhir/End 2024 2023 2024 2023
Cross currency and interest rate swap
21 Juni/ 21 Juni/
PT Bank CIMB Niaga Tbk USD 20.000.000 June 2024 June 2027 USD 16.666.667 - (4.066) -
21 Juni/ 21 Juni/
516 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
PT Bank OCBC NISP Tbk USD 20.000.000 June 2024 June 2027 USD 16.666.667 - (4.447) -
5 Juli/ 6 Juli/
PT Bank CIMB Niaga Tbk USD 20.000.000 July 2024 July 2027 USD 18.333.333 - (8.018) -
14 Agustus/ 16 Agustus/
PT Bank UOB Indonesia USD 20.000.000 August 2024 August 2027 USD 18.333.334 - (1.609) -
PT Bank Maybank Indonesia 14 Agustus/ 16 Agustus/
Tbk USD 20.000.000 August 2024 August 2027 USD 18.333.333 - (1.550) -
26 September/ 27 September/
PT Bank UOB Indonesia USD 20.000.000 September 2024 September 2027 USD 18.333.333 - 16.630 -
26 September/ 27 September/
PT Bank ANZ Indonesia USD 20.000.000 September 2024 September 2027 USD 18.333.333 - 16.599 -
(12.610) 1.006
* Tidak diaudit *Unaudited
57
Page 519
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
10. ASET/LIABILITAS DERIVATIF (lanjutan) 10. DERIVATIVE ASSETS/LIABILITIES (continued)
Kerugian kumulatif yang timbul dari perubahan nilai wajar The cumulative losses arising from the changes in fair values
instrumen derivatif pada tanggal 31 Desember 2024 of the derivative instruments as of 31 December 2024
sebesar Rp11.370 (2023: Rp748) disajikan sebagai amounting to Rp11,370 (2023: Rp748) were presented as
“Kerugian kumulatif atas instrumen derivatif untuk lindung “Cumulative losses on derivative instruments for cash flows
nilai arus kas - neto” sebagai bagian “Ekuitas” pada laporan hedges - net” under the “Equity” section in the statement of
posisi keuangan dan akan diakui dalam laporan laba rugi financial position and will be recognised in the statement of
pada saat realisasinya. profit or loss upon its realisation.
Pada tahun 2024 dan 2023, jumlah yang telah direklasifikasi In 2024 and 2023, the total amount which had been
dari ekuitas ke laporan laba rugi tahun berjalan adalah reclassified from equity to the current year statement of profit
sebagai berikut: or loss are as follows:
2024 - 2023 -
Jumlah yang telah direklasifikasi dari ekuitas The amount had been reclassified from equity
ke laba/(rugi) selisih kurs-bersih (10.979) (17.010) to net gain/(loss) on foreign exchange
Jumlah yang telah direklasifikasi dari ekuitas The amount had been reclassified from equity
ke beban bunga dan keuangan (91.102) (5.618) to interest expense and financing charges
(102.081)
- (22.628)
-
Jumlah laba rugi selisih kurs yang direklasifikasi dari ekuitas The foreign exchange gain or loss reclassified from equity is
dikompensasikan di laporan laba rugi terhadap laba rugi offset against the foreign exchange gain or loss from related
selisih kurs dari pinjaman yang diterima, yang terkait hedged borrowings in statement of the profit or loss. The
dengan lindung nilai. Beban bunga dan keuangan yang di interest and financing charges reclassified from equity
reklasifikasi dari ekuitas adalah swap cost untuk mengubah represent swap cost to convert the interest rate.
tingkat suku bunga.
11. INVESTASI DALAM SAHAM 11. INVESTMENT IN SHARES
Pada tanggal 2 Oktober 2023, Perseroan melakukan On 2 October 2023, the Company invested in PT Home
penyertaan pada PT Home Credit Indonesia ("HCI") dengan Credit Indonesia ("HCI") with purchase price of
harga beli sebesar EUR23.163.839 (nilai penuh) atau setara EUR23,163,839 (full amount) or equivalent to Rp380,397
dengan Rp380.397 yang mewakili 9,83% (sembilan koma which represents 9.83% (nine point eighty three percent) of
delapan puluh tiga persen) dari modal ditempatkan dan the issued and paid up capital of HCI.
disetor HCI.
Pada tanggal 4 Maret 2024, HCI meningkatkan modal dasar On 4 March 2024, HCI increased its authorized capital by
dengan menerbitkan saham baru sebanyak 600 lembar issuing 600 new shares. All of these shares have been issued
saham. Seluruh lembar saham tersebut telah ditempatkan and paid by shareholders other than the Company, so that
dan disetor oleh pemegang saham selain Perseroan, the Company's ownership percentage in HCI is 9.82% of the
sehingga persentase kepemilikian Perseroan pada HCI total nominal value of HCI shares. As of 31 December 2024
menjadi 9,82% dari jumlah nilai nominal saham HCI. Pada and 2023, the carrying value of investment in shares on
tanggal 31 Desember 2024 dan 2023, nilai tercatat investasi HCI amounting to Rp396,870 and Rp386,360, respectively.
dalam saham pada HCI masing-masing sebesar Rp396.870
dan Rp386.360.
* Tidak diaudit *Unaudited
58
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 517
Page 520
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
11. INVESTASI DALAM SAHAM (lanjutan) 11. INVESTMENT IN SHARES (continued)
Tabel berikut menunjukkan perubahan nilai tercatat The following table show movement of the carrying amount
investasi dalam saham pada tahun berjalan dan tahun of investment in shares during the current year and prior
sebelumnya: year:
2024 - 2023 -
Nilai perolehan awal tahun 386.360 380.397 Acquisition cost at beginning of the year
Penyesuaian biaya perolehan (1.783) 5.963 Adjustment of acquisition cost
Akumulasi perubahan nilai wajar yang diakui Accumulated changes in fair value recognised
dalam penghasilan komprehensif lain: in other comprehensive income:
Saldo awal - - Beginning balance
Perubahan nilai wajar selama Changes in fair value during
tahun berjalan 12.293
- - the current year
Saldo akhir 12.293
- - Ending balance
Nilai tercatat 396.870
- 386.360
- Carrying amount
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar investasi Information with respect to the classification and fair value of
dalam saham diungkapkan pada Catatan 39. investment in shares is disclosed in Note 39.
12. INVESTASI PADA ENTITAS ASOSIASI 12. INVESTMENT IN ASSOCIATE
Pada tanggal 23 Juni 2023, Perseroan telah On 23 June 2023, the Company has signed a conditional
menandatangani suatu perjanjian jual beli bersyarat sale and purchase agreement in connection with acquisition
sehubungan dengan pengambilalihan 10% (sepuluh of 10% (ten percent) of all shares issued by PT Mandala
persen) dari seluruh saham yang dikeluarkan PT Mandala Multifinance Tbk ("MFIN") with the transaction price of
Multifinance Tbk ("MFIN") dengan nilai transaksi sebesar Rp873,700. The shares sale and purchase transaction has
Rp873.700. Transaksi jual beli saham telah selesai been completed on 13 March 2024. This investment is
dilakukan pada tanggal 13 Maret 2024. Penyertaan ini accounted for using the equity method.
dicatat dengan menggunakan metode ekuitas.
Pada tanggal 31 Desember 2024, entitas asosiasi yang As of 31 December 2024, the associate of the Company was
dimiliki oleh Perseroan adalah sebagai berikut: as follow:
Persentase
Lokasi bisnis/ Bidang usaha/ kepemilikan/ 2024
Nama entitas/ Place of Type of % of interest Aset bersih/ Nilai tercatat/
Name of entity busines business ownership Net assets Carrying amount
PT Mandala Multifinance Tbk Indonesia Pembiayaan/ 10%
3.896.707 901.143
("MFIN") Financing
Perseroan memiliki secara langsung saham entitas asosiasi The Company has direct ownership of the associate’s share,
berupa saham biasa. Negara tempat pendirian atau in the form of ordinary shares. The country of incorporation
pendaftaran merupakan lokasi bisnis yang utama. or registration is also their principal place of business.
Meskipun Perseroan memiliki kurang dari 20% saham Although the Company holds less than 20% of the equity
MFIN, Perseroan memiliki pengaruh signifikan yang shares of MFIN, the Company has significant influence as
ditunjukkan dengan dua direktur Perseroan yang menjabat demonstrated by two of the Company's directors hold a
sebagai komisaris MFIN. Dengan adanya kondisi tersebut, position as commissioners of MFIN. Given this condition, the
Perseoran dianggap memiliki kekuatan untuk berpartisipasi Company is considered has the power to participate in the
dalam pengambilan keputusan keuangan dan operasi financial and operating policy decisions of MFIN.
MFIN.
* Tidak diaudit *Unaudited
59
518 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 521
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
12. INVESTASI PADA ENTITAS ASOSIASI (lanjutan) 12. INVESTMENT IN ASSOCIATE (continued)
Tabel di bawah ini menyajikan informasi keuangan dari The following table summarizes the financial information of
investasi Perseroan pada entitas asosiasi seperti yang the Company’s investment in associate as included in its own
termasuk dalam laporan keuangan terpisahnya, yang financial statements, adjusted for fair value adjustments at
disesuaikan dengan penyesuaian nilai wajar pada saat acquisition. The table also reconciles financial information to
akuisisi. Tabel di bawah juga merekonsiliasi informasi the carrying amount of the Company’s interest in associate:
keuangan ke nilai tercatat kepentingan Perseroan pada
entitas asosiasi:
2024 -
Total aset 6.676.450 Total assets
Total liabilitas (2.779.743)
- Total liabilities
Aset bersih (100%) 3.896.707 Net assets (100%)
Persentase kepemilikan (10%) Percentage of ownership (10%)
Bagian Perseroan atas aset bersih 389.671 The Company's share of net assets
Penyesuaian nilai wajar dan lainnya 536.922 Fair value and other adjustment
Amortisasi atas penyesuaian nilai wajar (25.450)
- Amortization of fair value adjustment
Nilai tercatat dari investasi pada entitas asosiasi 901.143
- Carrying amount of investment in associate
-
Pendapatan 2.372.024 Income
Laba bersih 517.940 Net income
Total penghasilan komprehensif 500.276
- Total comprehensive income
Bagian Perseroan atas total penghasilan The Company's share of total comprehensive
komprehensif 50.028
- income
Rekonsiliasi atas ringkasan informasi keuangan yang Reconciliation of the summarized financial information
disajikan terhadap nilai buku dari kepentingan entitas presented to the carrying amount of its interest in associate
asosiasi adalah sebagai berikut: is as follow:
2024 -
Nilai tercatat - 13 Maret 2024 339.643 Carrying amount - 13 March 2024
Penyesuaian nilai wajar dan lainnya 541.390 Fair value and other adjustment
Amortisasi atas penyesuaian nilai wajar (25.450) Amortization of fair value adjustment
Laba bersih yang diserap - 10 bulan 45.560
- Net income absorbed - 10 months
Nilai tercatat 901.143
- Carrying amount
Pada tanggal 30 Desember 2024, Perseroan menerima On 30 December 2024, the Company received a stock
dividen saham dari MFIN yang mengakibatkan peningkatan dividend from MFIN, resulting in an increase in the number
jumlah saham yang dimiliki dari 265.000.000 lembar saham of shares owned from 265,000,000 shares to 267,703,000
menjadi 267.703.000 lembar saham. Peningkatan lembar shares. The increase in the number of shares does not cause
saham tidak menyebabkan perubahan pada persentase a change in ownership percentage.
kepemilikan.
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
* Tidak diaudit *Unaudited
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
13. ASET TETAP 13. FIXED ASSETS
2024 1
Saldo awal/
Beginning Penambahan/ Pelepasan/ Reklasifikasi/ Saldo akhir/
balance - Additions - Disposals - Reclassifications
- Ending balance-
Harga perolehan Acquisition cost
Tanah 72.050 24.877 - - 96.927 Land
Bangunan 44.546 4.614 - 43.344 92.504 Buildings
Perabotan, perlengkapan Furniture, fixtures and
dan peralatan kantor 723.096 42.457 (41.474) - 724.079 office equipment
Kendaraan bermotor 1.460 - (94) - 1.366 Motor vehicles
841.152 71.948 (41.568) 43.344 914.876
Bangunan dalam
penyelesaian 19.412 33.917 - (43.344) 9.985 Building in progress
860.564 105.865 (41.568) - 924.861
Akumulasi penyusutan Accumulated depreciation
Bangunan (34.247) (2.237) - - (36.484) Buildings
Perabotan, perlengkapan Furniture, fixtures and
dan peralatan kantor (596.171) (45.751) 41.374 - (600.548) office equipment
Kendaraan bermotor (442) (260) 95 - (607) Motor vehicles
(630.860) (48.248) 41.469 - (637.639)
Nilai buku neto 229.704
- 287.222
- Net book value
2023 1
Saldo awal/
Beginning Penambahan/ Pelepasan/ Reklasifikasi/ Saldo akhir/
balance - Additions - Disposals - Reclassifications
- Ending balance-
Harga perolehan Acquisition cost
Tanah 72.050 - - - 72.050 Land
Bangunan 44.546 - - - 44.546 Buildings
Perabotan, perlengkapan Furniture, fixtures and
dan peralatan kantor 647.999 97.875 (22.778) - 723.096 office equipment
Kendaraan bermotor 1.525 - (65) - 1.460 Motor vehicles
766.120 97.875 (22.843) - 841.152
Bangunan dalam
penyelesaian - 19.412 - - 19.412 Building in progress
766.120 117.287 (22.843) - 860.564
Akumulasi penyusutan Accumulated depreciation
Bangunan (32.274) (1.973) - - (34.247) Buildings
Perabotan, perlengkapan Furniture, fixtures and
dan peralatan kantor (571.837) (46.467) 22.133 - (596.171) office equipment
Kendaraan bermotor (246) (261) 65 - (442) Motor vehicles
(604.357) (48.701) 22.198 - (630.860)
Nilai buku neto 161.763
1 229.704
1 Net book value
Seluruh aset tetap Perseroan merupakan aset kepemilikan All of the Company’s fixed assets are direct ownership assets.
langsung.
Hak atas tanah berupa sertifikat Hak Guna Bangunan (HGB) The land rights are in the form of certificate of Hak Guna
dengan jangka waktu masa penggunaan akan berakhir Bangunan (HGB), which will be due from 2025 to 2044.
antara tahun 2025 sampai dengan tahun 2044. Manajemen Management believes that the land rights can be renewed or
berpendapat bahwa hak kepemilikan atas tanah tersebut extended upon expiration.
dapat diperbaharui atau diperpanjang pada saat jatuh tempo.
* Tidak diaudit *Unaudited
61
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Page 523
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
13. ASET TETAP (lanjutan) 13. FIXED ASSETS (continued)
Rincian keuntungan atas pelepasan aset tetap adalah Details of gain on disposal of fixed assets are as follows:
sebagai berikut:
2024 - 2023 -
Hasil pelepasan aset tetap 667 450 Proceeds from disposal of fixed assets
Nilai buku aset tetap (99) (645) Book value of fixed assets
Laba/(rugi) atas pelepasan aset tetap 568
1 (195)
1 Gain/(loss) on disposal of fixed assets
Laba/(rugi) atas pelepasan aset tetap diakui sebagai bagian Gain/(loss) on disposal of fixed assets is recognised as part
dari “Pendapatan Lain-lain” pada laporan laba rugi. of “Other Income” in the statement of profit or loss.
Pada tanggal 31 Desember 2024, aset tetap, kecuali tanah, As of 31 December 2024, fixed assets, except for land, were
telah diasuransikan kepada PT Zurich Asuransi Indonesia insured by PT Zurich Asuransi Indonesia Tbk, a related
Tbk, pihak berelasi, terhadap risiko kerugian kebakaran, party, against losses arising from fire, flood and other risks
kebanjiran dan risiko lainnya dengan nilai pertanggungan with a total insurance coverage amounting to Rp190,786
sejumlah Rp190.786 (2023: Rp149.395). Manajemen (2023: Rp149,395). Management believes that the
berpendapat bahwa nilai pertanggungan tersebut sudah coverage is adequate to cover possible losses from such
memadai untuk menutupi kemungkinan kerugian atas aset risks.
yang dipertanggungkan.
Pada tanggal 31 Desember 2024, aset tetap dengan harga As of 31 December 2024, fixed assets with acquisition cost
perolehan sebesar Rp522.165 (2023: Rp498.260) telah amounting to Rp522,165 (2023: Rp498,260) have been fully
disusutkan penuh dan masih digunakan oleh Perseroan. depreciated and are still being used by the Company.
Tidak ada aset tetap yang dijadikan jaminan pada tanggal There were no fixed assets pledged as collateral as of
31 Desember 2024 dan 2023. 31 December 2024 and 2023.
Tidak ada beban bunga pinjaman yang dikapitalisasi There were no interest expenses from borrowings which
sebagai aset tetap pada tahun 2024 dan 2023. were capitalised to fixed assets in 2024 and 2023.
Berdasarkan evaluasi manajemen Perseroan, tidak terdapat Based on management’s assessment, there are no events
kejadian atau perubahan keadaan yang mengindikasikan or changes in circumstances which may indicate an
adanya penurunan nilai aset tetap Perseroan pada tanggal impairment in value of fixed assets as of 31 December 2024
31 Desember 2024 dan 2023. and 2023.
Estimasi nilai wajar aset tetap Perseroan (tanah dan The estimated fair value of the Company’s fixed assets
bangunan berdasarkan nilai jual objek pajak) pada tanggal (land and building based on tax object sale value) as of
31 Desember 2024 sebesar Rp208.930 (2023: Rp177.970). 31 December 2024 amounted to Rp208,930 (2023:
Rp177,970).
Pada tanggal 31 Desember 2024, persentase nilai tercatat As of 31 December 2024 the percentage of carrying amount
bangunan dalam penyelesaian terhadap estimasi nilai of building in progress to the estimated contract value is
kontrak adalah 17,35% dan diperkirakan akan selesai pada 17.35% and estimated to be completed at end of 2025.
akhir tahun 2025.
Tidak ada aset tetap yang tidak dipakai sementara. There are no fixed assets that are not used temporarily.
Tidak ada aset tetap yang dihentikan dari penggunaan aktif There are no fixed assets that have been discontinued from
dan tidak diklasifikasikan sebagai tersedia untuk dijual. active use and are not classified as held for sale.
* Tidak diaudit *Unaudited
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
14. ASET HAK GUNA 14. RIGHT-OF-USE ASSETS
Perseroan menyewa aset berupa bangunan dan data The Company leases assets which consist of building and
centre. Masa sewa berkisar antara 3 bulan - 10 tahun. data centre. The lease term ranging from 3 months - 10 years.
Perseroan mempunyai sewa dengan aset bernilai rendah. The Company has leases with low value assets. The
Perseroan menerapkan pengecualian pengakuan aset hak Company applies lease of low-value assets recognition
guna atas sewa dengan aset bernilai rendah tersebut (lihat exemptions for these right-of-use assets (see Note 34).
Catatan 34).
Nilai tercatat aset hak guna pada tanggal 31 Desember 2024 The carrying amount of right-of-use assets as of
dan 2023 adalah sebagai berikut: 31 December 2024 and 2023 are as follows:
2024 1
Saldo awal/
Beginning Penambahan/ Pelepasan/ Saldo akhir/
balance - Additions - Disposals - Ending balance-
Harga perolehan Acquisition cost
Bangunan 466.081 90.463 (70.913) 485.631 Buildings
Data centre 13.744 15.145 (5.175) 23.714 Data centre
479.825 105.608 (76.088) 509.345
Akumulasi penyusutan Accumulated depreciation
Bangunan (211.328) (96.527) 70.913 (236.942) Buildings
Data centre (6.015) (8.029) 5.175 (8.869) Data centre
(217.343) (104.556) 76.088 (245.811)
Nilai buku neto 262.482
- 263.534
1 Net book value
2023 1
Saldo awal/
Beginning Penambahan/ Pelepasan/ Saldo akhir/
balance - Additions - Disposals - Ending balance-
Harga perolehan Acquisition cost
Bangunan 445.893 87.777 (67.589) 466.081 Buildings
Data centre 22.990 5.482 (14.728) 13.744 Data centre
468.883 93.259 (82.317) 479.825
Akumulasi penyusutan Accumulated depreciation
Bangunan (186.103) (92.814) 67.589 (211.328) Buildings
Data centre (13.618) (7.125) 14.728 (6.015) Data centre
(199.721) (99.939) 82.317 (217.343)
Nilai buku neto 269.162
- 262.482
1 Net book value
Jumlah yang diakui pada laba rugi pada tahun 2024 dan 2023 The amounts recognised in profit or loss for 2024 and 2023
yang timbul dari sewa adalah beban penyusutan aset hak arising from the lease are depreciation of right-of-use assets
guna yang dicatat sebagai beban umum dan administrasi expenses which are recorded as general and administrative
(lihat Catatan 34); dan beban bunga atas liabilitas sewa yang expenses (see Note 34); and interest expense on the lease
dicatat sebagai beban bunga dan keuangan (lihat Catatan liabilities which is recorded as interest expense and financing
33). charges (see Note 33).
* Tidak diaudit *Unaudited
63
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Page 525
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
15. ASET TAK BERWUJUD 15. INTANGIBLE ASSETS
2024 1
Saldo awal/
Beginning Penambahan/ Pelepasan/ Reklasifikasi/ Saldo akhir/
balance - Additions - Disposals - Reclassifications
- Ending balance-
Harga perolehan Acquisition cost
Perangkat lunak 513.969 1.023 - 229.585 744.577 Software
Perangkat lunak dalam Software under
penyelesaian 43.283 222.781 - (229.585) 36.479 development
Perpanjangan hak
atas tanah 1.688 - - - 1.688 Extension of land rights
558.940 223.804 - - 782.744
Akumulasi Accumulated
amortisasi amortisation
Perangkat lunak (437.360) (49.332) - - (486.692) Software
Perpanjangan hak
atas tanah (921) (85) - - (1.006) Extension of land rights
(438.281) (49.417) - - (487.698)
Nilai buku neto 120.659
1 295.046
1 Net book value
2023 1
Saldo awal/
Beginning Penambahan/ Pelepasan/ Reklasifikasi/ Saldo akhir/
balance - Additions - Disposals - Reclassifications
- Ending balance-
Harga perolehan Acquisition cost
Perangkat lunak 499.335 2.165 - 12.469 513.969 Software
Perangkat lunak dalam Software under
penyelesaian 15.494 40.258 - (12.469) 43.283 development
Perpanjangan hak
atas tanah 1.688 - - - 1.688 Extension of land rights
516.517 42.423 - - 558.940
Akumulasi Accumulated
amortisasi amortisation
Perangkat lunak (386.954) (50.406) - - (437.360) Software
Perpanjangan hak
atas tanah (837) (84) - - (921) Extension of land rights
(387.791) (50.490) - - (438.281)
Nilai buku neto 128.726
1 120.659
1 Net book value
16. ASET LAIN-LAIN 16. OTHER ASSETS
2024 - 2023 -
Uang muka 27.043 9.162 Advance payments
Uang jaminan 14.058 13.881 Security deposits
41.101 23.043
1
* Tidak diaudit *Unaudited
64
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
16. ASET LAIN-LAIN (lanjutan) 16. OTHER ASSETS (continued)
Transaksi yang mendasari pencatatan uang muka adalah Underlying transactions in recording advance payments are
pembayaran uang muka (down payment) untuk pembelian down payment for purchase goods or services. The advance
barang dan jasa. Uang muka tersebut akan direklas ke akun payments will be reclassified to the expenses or asset
biaya atau aset pada saat barang atau jasa diterima. accounts when the goods or services are received.
Uang jaminan merupakan security deposit yang dibayarkan Security deposit is a deposit that the Company pays to the
Perseroan kepada pemilik gedung pada saat Perseroan building owner when the Company rents office space. The
menyewa ruangan kantor. Uang jaminan akan dikembalikan security deposit will be returned by the building owner when
oleh pemilik gedung ketika masa sewa berakhir. the rental period ends.
17. PINJAMAN YANG DITERIMA 17. BORROWINGS
2024 - 2023 -
Pihak ketiga Third parties
Rupiah Rupiah
PT Bank Mandiri (Persero) Tbk 1.142.639 1.727.299 PT Bank Mandiri (Persero) Tbk
PT Bank Pan Indonesia Tbk 1.042.159 1.931.525 PT Bank Pan Indonesia Tbk
PT Bank Central Asia Tbk 599.374 1.064.698 PT Bank Central Asia Tbk
PT Bank Maybank Indonesia Tbk 527.538 1.551.605 PT Bank Maybank Indonesia Tbk
Citibank, N.A., Indonesia 450.000 - Citibank, N.A., Indonesia
PT Bank Negara Indonesia Tbk 320.527 - PT Bank Negara Indonesia Tbk
PT Bank UOB Indonesia 250.000 75.000 PT Bank UOB Indonesia
PT Bank DKI 155.556 - PT Bank DKI
PT Bank BCA Syariah 133.333 233.333 PT Bank BCA Syariah
PT Bank Pembangunan Daerah Jawa Barat PT Bank Pembangunan Daerah Jawa Barat
dan Banten Tbk 119.982 181.623 dan Banten Tbk
PT Bank DBS Indonesia 108.244 91.458 PT Bank DBS Indonesia
PT Bank Muamalat Indonesia Tbk - 75.000 PT Bank Muamalat Indonesia Tbk
4.849.352 6.931.541
Pihak berelasi Related parties
Rupiah Rupiah
MUFG Bank, Ltd. (Jakarta) 433.333 1.154.167 MUFG Bank, Ltd. (Jakarta)
PT Bank Danamon Indonesia Tbk 215.278 992.083 PT Bank Danamon Indonesia Tbk
648.611 2.146.250
Dolar Amerika Serikat United States Dollar
MUFG Bank, Ltd. (Hong Kong) - Sindikasi 4.104.225 - MUFG Bank, Ltd. (Hong Kong) - Syndicated
Yen Jepang Japanese Yen
MUFG Bank, Ltd. (Singapura) 1.063.278 235.181 MUFG Bank, Ltd. (Singapore)
5.816.114 2.381.431
10.665.466
1 9.312.972
1
Pada tanggal 31 Desember 2024, pinjaman yang diterima As of 31 December 2024, the borrowings include transaction
termasuk beban transaksi yang terkait langsung dengan costs directly attributable to the origination of borrowings
pinjaman yang diterima sebesar Rp2.593 (2023: Rp7.070) amounting to Rp2,593 (2023: Rp7,070) (see Note 2d.2).
(lihat Catatan 2d.2).
Rata-rata tertimbang tingkat suku bunga efektif per tahun The weighted average effective interest rate per annum on
atas pinjaman yang diterima pada tanggal 31 Desember borrowings as of 31 December 2024 was 6.94% (2023:
2024 adalah 6,94% (2023: 6,97%). 6.97%).
* Tidak diaudit *Unaudited
65
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Page 527
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
17. PINJAMAN YANG DITERIMA (lanjutan) 17. BORROWINGS (continued)
Rincian dari pinjaman yang diterima adalah sebagai berikut: The details of borrowings are as follows:
Batas maksimum Perjanjian terakhir/ Suku bunga kontraktual/
kredit/ Latest agreement Contractual interest rate
Nama Bank/ Fasilitas/ Maximum credit Cicilan pokok/
Bank Name Facility limit Awal/Start Akhir/End 2024 2023 Principal installment
PT Bank Mandiri 29 September/ 30 Juni/ Setiap satu bulan sekali/
(Persero) Tbk I 2.000.000 September 2023 June 2026 6,80% - 7,22% 4,80% - 7,22% Monthly basis
29 September/ 9 April/ Setiap satu bulan sekali/
II 2.000.000 September 2023 April 2028 6,50% - 7,20% 6,50% - 7,20% Monthly basis
2 Juli/ 1 Juli/ Setiap satu bulan sekali/
III 2.000.000 July 2024 July 2029 6,55% - 6,70% - Monthly basis
26 Januari/ 25 Januari/ Setiap satu bulan sekali/
IV 250.000 January 2024 January 2026 - - Monthly basis
PT Bank Maybank 28 Maret/ 28 Desember/ Setiap satu bulan sekali/
Indonesia Tbk I 1.000.000 March 2023 December 2026 7,35% 7,35% Monthly basis
23 Juni/ 23 Maret/ Setiap satu bulan sekali/
II 1.000.000 June 2023 March 2027 6,50% - 7,25% 6,50% - 7,25% Monthly basis
Pembayaran penuh pada
23 Juni/ 23 Juni/ saat jatuh tempo/Bullet
III 250.000 June 2023 June 2025 6,25% - 6,45% 6,00% - 6,20% payment on maturity date
2 Juli/ 2 Juli/ Setiap satu bulan sekali/
IV 700.000 July 2024 July 2028 - - Monthly basis
Pembayaran penuh pada
Citibank, N.A., 27 Maret/ 9 Februari/ saat jatuh tempo/Bullet
Indonesia I 600.000 March 2024 February 2025 6,55% - 6,75% - payment on maturity date
Pembayaran penuh pada
PT Bank Central Asia 12 Agustus/ 14 Maret/ saat jatuh tempo/Bullet
Tbk I 500.000 August 2024 March 2025 - 6,00% - 6,40% payment on maturity date
5 September/ 20 April/ Setiap satu bulan sekali/
II 1.000.000 September 2022 April 2026 7,16% - 7,19% 7,16% - 7,19% Monthly basis
12 Agustus/ 12 Juni/ Setiap satu bulan sekali/
III 1.000.000 August 2024 June 2028 7,00% 7,00% Monthly basis
26 Juni/ 30 September/ Setiap satu bulan sekali/
PT Bank BCA Syariah I 300.000 June 2023 September 2029 7,25% - 7,35% 7,25% - 7,35% Monthly basis
Pembayaran penuh pada
PT Bank Danamon 6 November/ 31 Januari/ saat jatuh tempo/Bullet
Indonesia Tbk I 450.000 November 2023 January 2025 6,10% - 6,45% 6,00% - 6,45% payment on maturity date
6 November/ 31 Januari/ Setiap satu bulan sekali/
II November 2023 January 2028 5,20% - 7,35% 4,90% - 7,35% Monthly basis
1.050.000
6 November/ 31 Januari/ Setiap satu bulan sekali/
III November 2023 January 2028 7,20% - Monthly basis
MUFG Bank, Ltd. 23 Desember/ 23 Juni/ Setiap satu bulan sekali/
(Jakarta) I 500.000 December 2022 June 2024 6,98% 6,98% Monthly basis
Pembayaran penuh pada
12 September/ 30 Desember/ saat jatuh tempo/Bullet
II 500.000 September 2024 December 2025 5,90% - 6,70% 3,90% - 6,15% payment on maturity date
21 Juni/ 3 Februari/ Setiap tiga bulan sekali/
III 800.000 June 2023 February 2026 6,00% - 6,60% 6,00% - 6,60% Quarterly basis
23 Desember/ 23 Juni/ Setiap tiga bulan sekali/
IV 500.000 December 2022 June 2026 7,25% - 7,30% 7,25% - 7,30% Quarterly basis
20 Juli/ 20 Januari/ Setiap satu bulan sekali/
V 200.000 July 2023 January 2025 6,60% 6,60% Monthly basis
12 September/ 12 September/ Setiap tiga bulan sekali/
VI USD50.000.000 September 2024 September 2028 - - Quarterly basis
* Tidak diaudit *Unaudited
66
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
17. PINJAMAN YANG DITERIMA (lanjutan) 17. BORROWINGS (continued)
Rincian dari pinjaman yang diterima adalah sebagai berikut: The details of borrowings are as follows: (continued)
(lanjutan)
Batas maksimum Perjanjian terakhir/ Suku bunga kontraktual/
kredit/ Latest agreement Contractual interest rate
Nama Bank/ Fasilitas/ Maximum credit Cicilan pokok/
Bank Name Facility limit Awal/Start Akhir/End 2024 2023 Principal installment
USD100.000.000
MUFG Bank, Ltd. (Equivalent to 21 November/ 21 November/ Setiap tiga bulan sekali/
(Singapura) I ¥14.000.112.000) November 2023 November 2027 0,57% - 0,72% 0,72% Quarterly basis
MUFG Bank, Ltd.
(Hong Kong – 1 Februari/ 1 Agustus/ Setiap tiga bulan sekali/
Sindikasi/Syndicated) I USD300.000.000 February 2024 August 2027 5,27% - 6,29% - Quarterly basis
PT Bank Negara 19 Februari/ 18 Februari/ Setiap satu bulan sekali/
Indonesia Tbk I 500.000 February 2024 February 2028 6,50% - Monthly basis
PT Bank UOB 19 Desember/ 19 Juni/ Setiap tiga bulan sekali/
Indonesia I 500.000 December 2022 June 2024 6,60% 6,50% - 6,60% Quarterly basis
13 Maret/ 13 September/ Setiap tiga bulan sekali/
II 500.000 March 2024 September 2025 6,80% - Quarterly basis
PT Bank Pan 14 November/ 14 November/ Setiap satu bulan sekali/
Indonesia Tbk I 1.000.000 November 2022 November 2026 6,65% - 7,30% 6,30% - 7,30% Monthly basis
20 Februari/ 20 Februari/ Setiap satu bulan sekali/
II 1.000.000 February 2023 February 2027 7,10% 7,10% Monthly basis
27 Maret/ 27 Maret/ Setiap satu bulan sekali/
III 1.000.000 March 2023 March 2027 6,30% - 7,10% 6,30% - 7,10% Monthly basis
22 Februari/ 22 Februari/ Setiap satu bulan sekali/
IV 2.000.000 February 2024 February 2028 6,30% - Monthly basis
PT Bank
Pembangunan
Daerah
Jawa Barat & Banten 27 Juli/ 27 April/ Setiap satu bulan sekali/
Tbk I 500.000 July 2023 April 2027 6,60% - 6,80% 6,60% - 6,65% Monthly basis
25 April/ 25 Januari/ Setiap satu bulan sekali/
II 500.000 April 2024 January 2028 6,68% - Monthly basis
PT Bank DBS 4 September/ 4 September/ Setiap tiga bulan sekali/
Indonesia I 300.000 September 2023 September 2027 6,60% - 6,80% 6,80% Quarterly basis
14 Juni/ 14 Desember/ Setiap tiga bulan sekali/
II 200.000 June 2024 December 2027 - - Quarterly basis
PT Bank Muamalat 14 Juni/ 30 Agustus/ Setiap satu bulan sekali/
Indonesia Tbk I 200.000 June 2024 August 2026 6,35% 6,35% Monthly basis
Pembayaran penuh pada
PT Bank CTBC 10 Desember/ 15 Desember/ saat jatuh tempo/Bullet
Indonesia I 175.000 December 2024 December 2025 6,15% - 6,20% - payment on maturity date
11 September/ 10 April/ Setiap satu bulan sekali/
PT Bank DKI I 184.722 September 2024 April 2026 7,35% - Monthly basis
PT Bank Rakyat 23 September/ 23 September/ Setiap satu bulan sekali/
Indonesia Tbk I 1.000.000 September 2024 September 2028 - - Monthly basis
* Tidak diaudit *Unaudited
67
526 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 529
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
17. PINJAMAN YANG DITERIMA (lanjutan) 17. BORROWINGS (continued)
Untuk pinjaman sindikasi MUFG Bank, Ltd. (Hong Kong), For MUFG Bank, Ltd. (Hong Kong) syndicated borrowing,
CTBC Bank Co., Ltd., DBS Bank Ltd., Maybank Securities CTBC Bank Co., Ltd., DBS Bank Ltd., Maybank Securities
PTE Ltd., MUFG Bank, Ltd., dan United Overseas Bank PTE Ltd., MUFG Bank, Ltd., dan United Overseas Bank
Limited bertindak sebagai mandated lead arrangers dan Limited acted as mandated lead arrangers and bookrunners,
bookrunners, MUFG Bank, Ltd. (Hong Kong) sebagai agent. MUFG Bank, Ltd. (Hong Kong) acted as agent. CTBC Bank
CTBC Bank Co., Ltd. (Singapore), PT Bank DBS Indonesia, Co., Ltd. (Singapore), PT Bank DBS Indonesia, Malayan
Malayan Banking Berhad (Singapore), MUFG Bank, Ltd. Banking Berhad (Singapore), MUFG Bank, Ltd. (Singapore),
(Singapore), United Overseas Bank Limited, Bank of Baroda United Overseas Bank Limited, Bank of Baroda (IFSC Banking
(IFSC Banking Unit-GIFT City), PT Bank KEB Hana Unit-GIFT City), PT Bank KEB Hana Indonesia, The Korea
Indonesia, The Korea Development Bank (Singapore), Mega Development Bank (Singapore), Mega International
International Commercial Bank Co., Ltd. (Offshore Banking), Commercial Bank Co., Ltd. (Offshore Banking), Taipei Fubon
Taipei Fubon Commercial Bank Co., Ltd. (Singapore), Bank Commercial Bank Co., Ltd. (Singapore), Bank of China Limited
of China Limited (Singapore), Sumitomo Mitsui Trust Bank, (Singapore), Sumitomo Mitsui Trust Bank, Ltd. (Singapore),
Ltd. (Singapore), E.SUN Commercial Bank, Ltd. (Singapore), E.SUN Commercial Bank, Ltd. (Singapore), The Gunma Bank,
The Gunma Bank, Ltd., Hua Nan Commercial Bank, Ltd. Ltd., Hua Nan Commercial Bank, Ltd. (Offshore Banking), Hua
(Offshore Banking), Hua Nan Commercial Bank, Ltd. Nan Commercial Bank, Ltd. (Singapore), The Shanghai
(Singapore), The Shanghai Commercial & Saving Bank, Ltd. Commercial & Saving Bank, Ltd. (Offshore Banking), Taiwan
(Offshore Banking), Taiwan Cooperative Bank (Offshore Cooperative Bank (Offshore Banking), First Commercial Bank
Banking), First Commercial Bank (Offshore Banking), State (Offshore Banking), State Bank of India (Singapore), Taishin
Bank of India (Singapore), Taishin International Bank Co., International Bank Co., Ltd., Bank of Taiwan (Singapore),
Ltd., Bank of Taiwan (Singapore), Chang Hwa Commercial Chang Hwa Commercial Bank, Ltd. (Singapore), The Chugoku
Bank, Ltd. (Singapore), The Chugoku Bank, Ltd. (Hong Bank, Ltd. (Hong Kong), Far Eastern International Bank, Ltd.,
Kong), Far Eastern International Bank, Ltd., Sunny Bank, Sunny Bank, Ltd., Taiwan Business Bank, Ltd. (Offshore
Ltd., Taiwan Business Bank, Ltd. (Offshore Banking), Taiwan Banking), Taiwan Shin Kong Commercial Bank Co., Ltd., The
Shin Kong Commercial Bank Co., Ltd., The Chiba Bank, Ltd. Chiba Bank, Ltd. (Hong Kong), The Hyakugo Bank, Ltd., The
(Hong Kong), The Hyakugo Bank, Ltd., The Joyo Bank, Ltd., Joyo Bank, Ltd., PT Bank SBI Indonesia acted as original
PT Bank SBI Indonesia bertindak sebagai original lenders. lenders.
Pinjaman yang diterima dari PT Bank Central Asia Tbk The borrowings from PT Bank Central Asia Tbk (facility I),
(fasilitas I), Citibank, N.A., Indonesia, PT Bank BCA Syariah, Citibank, N.A., Indonesia, PT Bank BCA Syariah, MUFG
MUFG Bank, Ltd. (Jakarta) (fasilitas II), PT Bank Danamon Bank, Ltd. (Jakarta) (facility II), PT Bank Danamon Indonesia
Indonesia Tbk, PT Bank CTBC Indonesia, dan PT Bank Tbk, PT Bank CTBC Indonesia, and PT Bank Maybank
Maybank Indonesia Tbk (fasilitas III), merupakan fasilitas Indonesia Tbk (facility III) are revolving working capital
pinjaman modal kerja berulang. facilities.
Seluruh pinjaman yang diterima oleh Perseroan digunakan All of the Company’s borrowings are used for working capital
untuk modal kerja. Selama pinjaman belum dilunasi, purposes. During the period that the loan is still outstanding,
Perseroan antara lain, tidak diperkenankan mengikat diri the Company, among others, is not allowed to act as a
sebagai penjamin atas pemenuhan kewajiban pihak ketiga, guarantor for the fulfillment of third party obligations, is
diharuskan untuk memenuhi ketentuan gearing ratio paling required to comply with gearing ratio provisions for a
tinggi 10 kali dan mempertahankan rasio saldo piutang maximum of 10 times and maintain the ratio of financing
pembiayaan (outstanding principal) dengan kategori kualitas receivable (outstanding principal) categorised as non-
piutang pembiayaan bermasalah (non-performing financing) performing financing after deducting allowance for
setelah dikurangi cadangan penyisihan penghapusan impairment losses at the maximum of 5% in accordance with
piutang pembiayaan paling tinggi sebesar 5% sesuai OJK provisions, and other reporting obligation.
ketentuan OJK, dan kewajiban penyampaian laporan
lainnya.
Saldo pinjaman yang diterima dalam mata uang asing The outstanding balance of the borrowings denominated in
sebesar USD255.000.000 dan JPY10.320.084.000 (nilai foreign currency amounted to USD255,000,000 and
penuh) pada tanggal 31 Desember 2024, dan sebesar JPY10,320,084,000 (full amount) as of 31 December 2024,
JPY2.160.000.000 (nilai penuh) pada tanggal 31 Desember and amounted to JPY2,160,000,000 (full amount) as of 31
2023, termasuk bunganya telah dilindung nilai dengan December 2023, including the interest which hedged by cross
kontrak cross currency swap (lihat Catatan 10 dan 41). currency swap (see Notes 10 and 41).
Pada tahun 2024 dan 2023, amortisasi beban provisi atas In 2024 and 2023, the amortisation of the provision expenses
pinjaman yang diterima yang dibebankan ke laporan laba on borrowings was charged to the statement of profit or loss
rugi diungkapkan pada Catatan 33. are disclosed in Note 33.
* Tidak diaudit *Unaudited
68
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 527
Page 530
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
17. PINJAMAN YANG DITERIMA (lanjutan) 17. BORROWINGS (continued)
Pembayaran bunga dan pokok pinjaman telah dibayarkan Interest and principal loan payments have been paid by the
oleh Perseroan sesuai dengan jadwal. Company on schedule.
Pada tanggal 31 Desember 2024, Perseroan telah memenuhi As of 31 December 2024, the Company has complied with all
seluruh persyaratan yang disebutkan dalam perjanjian the requirements mentioned in the loan facility agreements.
fasilitas-fasilitas pinjaman ini.
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar pinjaman yang Information with respect to the classification and fair value of
diterima diungkapkan pada Catatan 39. borrowings are disclosed in Note 39.
18. BEBAN YANG MASIH HARUS DIBAYAR 18. ACCRUED EXPENSES
2024 - 2023 -
Pihak ketiga Third parties
Bunga 90.092 85.390 Interest
Promosi 89.720 154.566 Promotion
Perolehan pembiayaan konsumen 50.069 63.451 Acquisition cost of consumer financing
Bagi hasil sukuk mudharabah 7.753 8.650 Revenue sharing for mudharabah bonds
Marjin mudharabah 360 770 Mudharabah margin
Lain-lain 307.956 561.836 Others
545.950 874.663
Pihak berelasi Related parties
Bunga 47.996 14.812 Interest
Premi asuransi kesehatan 43.278 38.398 Health insurance premium
Bagi hasil sukuk mudharabah 438 - Revenue sharing for mudharabah bonds
Premi asuransi aset tetap dan lainnya 62 2 Insurance premium of fixed assets and others
91.774 53.212
637.724
1 927.875
1
Akun lain-lain terdiri dari beban operasional lainnya yang Others consist of other operating expenses accruals.
masih harus dibayar.
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar beban bunga, Information with respect to the classification and fair value of
bagi hasil sukuk mudharabah dan marjin mudharabah yang accrued interest expenses, revenue sharing for mudharabah
masih harus dibayar diungkapkan pada Catatan 39. bonds and mudharabah margin are disclosed in Note 39.
* Tidak diaudit *Unaudited
69
528 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 531
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
19. UTANG OBLIGASI 19. BONDS PAYABLE
2024 - 2023 -
Nilai nominal: Nominal value:
Obligasi Berkelanjutan IV Tahap IV Continuing Bonds IV Phase IV
Pihak ketiga - 328.000 Third parties
Obligasi Berkelanjutan IV Tahap V Continuing Bonds IV Phase V
Pihak ketiga - 607.750 Third parties
Obligasi Berkelanjutan IV Tahap VI Continuing Bonds IV Phase VI
Pihak ketiga - 190.000 Third parties
Obligasi Berkelanjutan V Tahap II Continuing Bonds V Phase II
Pihak ketiga - 697.550 Third parties
Pihak berelasi - 43.450 Related parties
Obligasi Berkelanjutan V Tahap III Continuing Bonds V Phase III
Pihak ketiga 1.056.300 1.057.800 Third parties
Pihak berelasi 23.700 22.200 Related parties
Obligasi Berkelanjutan VI Tahap I Continuing Bonds VI Phase I
Pihak ketiga 1.191.900 1.597.000 Third parties
Pihak berelasi 103.100 103.000 Related parties
Obligasi Berkelanjutan VI Tahap II Continuing Bonds VI Phase II
Pihak ketiga 415.610 1.250.000 Third parties
Obligasi Berkelanjutan VI Tahap III Continuing Bonds VI Phase III
Pihak ketiga 1.600.000 - Third parties
OBLIGASI Berkelanjutan VI Tahap IV Continuing Bonds VI Phase IV
Pihak ketiga 1.940.000 - Third parties
Pihak berelasi 60.000 - Related parties
Dikurangi: Less:
Biaya emisi obligasi yang belum diamortisasi (12.780) (11.644) Unamortised bonds issuance costs
Utang obligasi - neto 6.377.830
1 5.885.106
1 Bonds payable - net
Dikurangi: Less:
Bagian yang jatuh tempo dalam waktu satu
tahun 2.691.007 3.102.380 Current portion
Bagian yang jatuh tempo lebih dari satu tahun 3.686.823
1 2.782.726
1 Non-current portion
Amortisasi biaya emisi obligasi yang
dibebankan ke laporan laba rugi Amortisation of bonds issuance costs charged to
(lihat Catatan 33) 9.492
1 5.736
1 the statements of profit or loss (see Note 33)
Sesuai dengan perjanjian perwaliamanatan obligasi, kecuali According to the trustee bonds agreement, except Continuing
Obligasi Berkelanjutan V dan Obligasi Berkelanjutan VI, Bonds V and Continuing Bonds VI, the Company provides
Perseroan memberikan jaminan fidusia berupa piutang collateral with fiduciary transfer of consumer financing
pembiayaan konsumen (lihat Catatan 5) dan rasio jumlah receivables (see Note 5) and debt to equity ratio should not
pinjaman terhadap ekuitas tidak melebihi ketentuan, yaitu exceed the provision, at maximum 10:1. Moreover, during the
maksimal 10:1. Selain itu, selama pokok obligasi belum time that the bonds principals are still outstanding, the
dilunasi, Perseroan tidak diperkenankan, antara lain melakukan Company is not allowed to, among others, merge unless
penggabungan usaha kecuali dilakukan pada bidang usaha performed on the same business and sell or assign more than
yang sama serta menjual atau mengalihkan lebih dari 40% aset 40% of the Company’s non-consumer financing receivables
Perseroan yang bukan piutang pembiayaan konsumen. assets.
* Tidak diaudit *Unaudited
70
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 529
Page 532
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
19. UTANG OBLIGASI (lanjutan) 19. BONDS PAYABLE (continued)
Pada tanggal 31 Desember 2024 dan 2023, Perseroan telah As of 31 December 2024 and 2023, the Company had paid
melakukan pembayaran bunga obligasi sesuai dengan jatuh the bonds interest on schedule as stated in the trustee
tempo yang telah ditetapkan dalam perjanjian agreement and complied with all the requirements mentioned
perwaliamanatan dan telah memenuhi seluruh persyaratan in the trustee agreement. Total principal of bonds have been
yang disebutkan dalam perjanjian perwaliamanatan. Jumlah paid in accordance with the respective bonds’ maturity date.
pokok utang obligasi telah dibayarkan sesuai dengan tanggal
jatuh tempo obligasi yang bersangkutan.
Pada tanggal 31 Desember 2024 dan 2023, seluruh obligasi As of 31 December 2024 and 2023, all of the Company’s
Perseroan mendapat peringkat idAAA dari PT Pemeringkat bonds are rated idAAA by PT Pemeringkat Efek Indonesia
Efek Indonesia (Pefindo). (Pefindo).
Beban bunga atas utang obligasi pada tahun 2024 sebesar The interest expenses of bonds payable in 2024 amounted to
Rp386.630 (2023: Rp339.467) (lihat Catatan 33). Rp386,630 (2023: Rp339,467) (see Note 33).
Rata-rata tertimbang tingkat suku bunga efektif per tahun The weighted average effective interest rate per annum on
atas utang obligasi pada tanggal 31 Desember 2024 sebesar bonds payable as of 31 December 2024 was 6.33% (2023:
6,33% (2023: 6,54%). 6.54%).
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar utang obligasi Information with respect to the classification and fair value of
diungkapkan pada Catatan 39. bonds payable is disclosed in Note 39.
20. UTANG LAIN-LAIN 20. OTHER PAYABLES
2024 - 2023 -
Pihak ketiga Third parties
Pendapatan diterima dimuka 205.519 223.718 Deferred income
Utang kepada dealer 153.457 451.577 Payables to dealers
Titipan konsumen 34.802 23.594 Customers deposits
Premi asuransi 22.870 28.344 Insurance premium
Pengurusan fidusia 3.738 6.227 Fiduciary fees
Lain-lain 105.019 73.844 Others
525.405 807.304
Pihak berelasi Related parties
Pendapatan diterima dimuka 557.733 595.333 Deferred income
Premi asuransi 118.401 167.237 Insurance premium
Pemulihan dari piutang yang dihapus- Recovery of written off receivables from
bukukan porsi pembiayaan bersama 28.815 24.836 joint financing portion
Denda keterlambatan porsi pembiayaan
bersama 4.826 4.357 Late charges from joint financing portion
Utang kepada dealer 48 - Payables to dealers
709.823 791.763
1.235.228
1 1.599.067
1
* Tidak diaudit *Unaudited
71
530 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 533
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
20. UTANG LAIN-LAIN (lanjutan) 20. OTHER PAYABLES (continued)
Utang kepada dealer Payables to dealers
Utang kepada dealer merupakan liabilitas Perseroan kepada Payables to dealers represent the Company’s liabilities to
dealer atas nasabah-nasabah yang telah memperoleh dealers for the approved consumer financing contracts and
persetujuan kredit dari Perseroan dan pihak dealer telah the dealers have delivered the vehicles to the consumers.
menyerahkan kendaraan yang dibiayai kepada konsumen
tersebut.
Pendapatan diterima dimuka Deferred income
Berdasarkan perjanjian pada tanggal 27 September 2018, Based on the agreement dated 27 September 2018, the
Perseroan dan PT Zurich Asuransi Indonesia Tbk, pihak Company and PT Zurich Asuransi Indonesia Tbk, related
berelasi, setuju untuk bekerjasama dalam mempromosikan party, agreed to enter into a cooperation agreement in
dan memperkenalkan produk asuransi PT Zurich Asuransi promoting and introducing insurance products of PT Zurich
Indonesia Tbk kepada konsumen Perseroan selama masa Asuransi Indonesia Tbk to the Company’s consumers during
efektif, yaitu 20 tahun. Sebagai imbal balik, pada tanggal the effective period of 20 years. In return, on 27 November
27 November 2019 Perseroan telah menerima access fee 2019, the Company received access fees from PT Zurich
dari PT Zurich Asuransi Indonesia Tbk sebesar Rp752.000 Asuransi Indonesia Tbk amounted to Rp752,000 which were
yang dicatat sebagai pendapatan diterima dimuka dan telah recorded as deferred income and have been amortised over
diamortisasi selama tahun 2024 dan 2023 masing-masing the year 2024 and 2023 amounted to Rp37,600,
sebesar Rp37.600. respectively.
Berdasarkan perjanjian pada tanggal 31 Maret 2020, Based on the agreement dated 31 March 2020, the
perusahaan induk Perseroan, PT Bank Danamon Indonesia Company’s parent entity, PT Bank Danamon Indonesia Tbk
Tbk (“Bank Danamon”) dan PT Asuransi Jiwa Manulife (“Bank Danamon”) and PT Asuransi Jiwa Manulife agreed to
setuju untuk memperpanjang collaboration agreement yang extend their existing collaboration agreement in promoting
ada dalam mempromosikan dan memperkenalkan produk and introducing insurance products of PT Asuransi Jiwa
asuransi PT Asuransi Jiwa Manulife kepada konsumen Bank Manulife to Bank Danamon and the Company’s consumers.
Danamon dan Perseroan. Sebagai imbal balik, Bank In return, Bank Danamon and the Company has received
Danamon dan Perseroan telah menerima collaboration fee collaboration fee from PT Asuransi Jiwa Manulife which
dari PT Asuransi Jiwa Manulife yang diakui sebagai were recognised as deferred income and amortised in
pendapatan diterima dimuka dan diamortisasi ke laporan statement of profit or loss.
laba rugi.
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar utang kepada Information with respect to the classification and fair value of
dealer dan utang premi asuransi diungkapkan pada Catatan payables to dealers and insurance premium payables is
39. disclosed in Note 39.
21. LIABILITAS SEWA 21. LEASE LIABILITIES
Analisis jatuh tempo liabilitas sewa yang didiskontokan Maturity analysis of discounted lease liabilities is as follows:
sebagai berikut:
2024 - 2023 -
< 1 tahun 28.370 19.999 < 1 year
1-5 tahun 109.608 110.665 1-5 years
> 5 tahun - 17.384 > 5 years
137.978
1 148.048
1
* Tidak diaudit *Unaudited
72
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 531
Page 534
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
21. LIABILITAS SEWA (lanjutan) 21. LEASE LIABILITIES (continued)
Analisis jatuh tempo liabilitas sewa yang tidak didiskontokan Maturity analysis of undiscounted lease liabilities is as
sebagai berikut: follows:
2024 - 2023 -
< 1 tahun 38.336 31.249 < 1 year
1-5 tahun 125.989 135.774 1-5 years
> 5 tahun - 17.794 > 5 years
164.325
1 184.817
1
Liabilitas sewa yang tercatat merupakan kewajiban Lease liabilities are the Company's obligation as a lessee to
Perseroan sebagai penyewa untuk melakukan pembayaran make payments in accordance with the lease agreement
sesuai dengan perjanjian sewa yang didiskontokan terhadap which is discounted to the incremental borrowing interest
tingkat suku bunga pinjaman inkremental. Adapun liabilitas rate. The lease obligations consist of buildings and data
sewa terdiri dari bangunan dan data centre. centre.
22. PERPAJAKAN 22. TAXATION
a. Pajak dibayar dimuka a. Prepaid tax
2024 - 2023 -
Surat ketetapan pajak 61.281 64.396 Tax assessment letters
Pajak penghasilan Pasal 21 12.528 - Income tax Article 21
73.809
1 64.396
1
b. Utang pajak b. Taxes payable
2024 - 2023 -
Pajak pertambahan nilai dan meterai 7.318 8.841 Value added tax and duty stamp
Pajak penghasilan: Income tax:
Pasal 21 - 24.386 Article 21
Pasal 23 dan 26 9.093 5.098 Articles 23 and 26
Pasal 29 tahun 2023 - 141.650 Article 29 of 2023
Pasal 25 dan 29 tahun berjalan 118.185 - Article 25 and 29 current year
Pasal 4(2) 1.556 821 Article 4(2)
136.152
1 180.796
1
c. Beban pajak penghasilan c. Income tax expense
2024 - 2023 -
Kini 389.213 469.261 Current
Tangguhan (45.083) 57.727 Deferred
Surat ketetapan pajak 1.504 1.634 Tax assessment letter
345.634
1 528.622
1
* Tidak diaudit *Unaudited
73
532 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 535
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Rekonsiliasi antara laba sebelum beban pajak Reconciliation between income before income tax
penghasilan, sebagaimana yang disajikan dalam expense, as shown in the statement of profit or loss and
laporan laba rugi dengan laba kena pajak adalah taxable income is as follows:
sebagai berikut:
2024 - 2023 -
Laba sebelum beban pajak penghasilan 1.752.316 2.472.669 Income before income tax expense
Beda temporer: Temporary differences:
Penyisihan kerugian penurunan Provision for impairment losses
nilai piutang pembiayaan konsumen, on consumer financing receivables,
piutang pembiayaan murabahah, murabahah financing receivables,
dan piutang sewa pembiayaan 376.615 36.812 and finance leases receivables
Imbalan kerja karyawan 72.893 (8.839) Employees’ benefits
Aset hak guna 22.884 26.346 Right-of-use assets
Penyusutan aset tetap 6.033 14.849 Depreciation of fixed assets
Penyisihan kerugian penurunan Provision for impairment losses
nilai piutang lain-lain 266 (871) on other receivables
Biaya lainnya yang masih harus dibayar Accrued other expenses
dan kesejahteraan karyawan (176.277) (64.247) and employees’ welfare
Pemasaran (77.493) (245.443) Marketing
Liabilitas sewa (19.999) (20.650) Lease liabilities
Dividen saham - (350) Stock dividend
1.957.238 2.210.276
Beda permanen: Permanent differences:
Pajak final atas pendapatan jasa giro Final tax of interest income from
dan penghasilan final lainnya 15.282 6.476 current accounts and other final income
Beban yang tidak dapat dikurangkan (106.812) (51.172) Non-deductible expenses
Pendapatan jasa giro Interest income from current accounts
dan penghasilan final lainnya (76.450) (32.573) and other final income
Laba bersih entitas asosiasi yang diserap (20.110) - Net income of associate absorbed
(188.090) (77.269)
Laba kena pajak 1.769.148 2.133.007 Taxable income
Beban pajak penghasilan 389.213 469.261 Income tax expense
Dikurangi: estimasi pajak dibayar dimuka (271.028) (327.611) Less: estimated prepaid taxes
Estimasi utang pajak penghasilan badan 118.185
1 141.650
1 Estimated corporate income tax payable
Laba kena pajak hasil rekonsiliasi untuk tahun 2024 Reconciliation of taxable income which resulted from the
akan digunakan sebagai dasar dalam pengisian Surat year 2024 will be used as basis in submission of the
Pemberitahuan (SPT) Tahunan PPh Badan Peseroan. Company’s Annual Corporate Income Tax Return.
Laba kena pajak hasil rekonsiliasi untuk tahun 2023 Taxable income which resulted from reconciliation for the
sesuai dengan SPT Tahunan PPh Badan Perseroan. year 2023 conforms with the Company’s Annual
Corporate Income Tax Return.
* Tidak diaudit *Unaudited
74
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 533
Page 536
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
c. Beban pajak penghasilan (lanjutan) c. Income tax expense (continued)
Rekonsiliasi atas beban pajak penghasilan dengan The reconciliation between income tax expense and
perkalian laba sebelum beban pajak penghasilan dan income before income tax expense multiplied by the
tarif pajak maksimum yang berlaku adalah sebagai maximum marginal tax rate was as follows:
berikut:
2024 - 2023 -
Laba sebelum beban pajak penghasilan 1.752.316 2.472.669 Income before income tax expense
Dikurangi: pendapatan bunga dan penghasilan Less: net interest income and other
final lainnya yang dikenakan pajak final (61.168) (26.097) final income subjected to final tax
1.691.148
- 2.446.572
-
Tarif pajak 22% 372.053 538.246 Tax rate of 22%
Perbedaan permanen dengan tarif pajak 22% (27.923) (11.258) Permanent differences at 22%
Surat ketetapan pajak 1.504 1.634 Tax assessment letter
Beban pajak penghasilan 345.634
1 528.622
1 Income tax expense
d. Aset/(liabilitas) pajak tangguhan - neto d. Deferred tax asset/(liabilities) - net
2024 1
Dikreditkan ke
(Dibebankan)/ ekuitas dari
dikreditkan ke pendapatan
tahun komprehensif
berjalan/ lain/
(Charged)/ Credited to
Saldo awal/ credited to equity from other Saldo akhir/
Beginning income for comprehensive Ending
balance 1 the year 1 income 1 balance 1
Aset pajak tangguhan: Deferred tax assets:
Imbalan kerja yang
masih harus dibayar 134.171 16.036 (2.795) 147.412 Accrued employees’ benefits
Biaya lainnya yang masih
harus dibayar dan Accrued other expenses and
kesejahteraan karyawan 111.693 (38.781) - 72.912 employees’ welfare
Cadangan kerugian Allowance for impairment
penurunan nilai atas losses on consumer
piutang pembiayaan financing receivables,
konsumen, piutang murabahah financing
pembiayaan murabahah dan receivables and
piutang sewa pembiayaan 81.388 82.856 - 164.244 finance lease receivables
Pemasaran 37.863 (17.048) - 20.815 Marketing
Lindung nilai arus kas 211 - 2.996 3.207 Cash flow hedge
Liabilitas sewa 32.570 (4.400) - 28.170 Lease liabilities
Cadangan kerugian Allowance for impairment
penurunan nilai losses on other
piutang lain-lain 63 58 - 121 receivables
397.959 38.721 201 436.881
Liabilitas pajak tangguhan: Deferred tax liabilities:
Penyusutan aset tetap (17.519) 1.327 - (16.192) Depreciation of fixed assets
Aset hak guna (25.475) 5.035 - (20.440) Right-of-use asset
Perubahan nilai wajar Changes in fair value on
investasi dalam saham - - (2.704) (2.704) investment in shares
(42.994) 6.362 (2.704) (39.336)
Aset pajak tangguhan - neto 354.965
1 45.083
1 (2.503)
1 397.545
1 Deferred tax assets - net
* Tidak diaudit *Unaudited
75
534 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 537
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
d. Aset/(liabilitas) pajak tangguhan - neto (lanjutan) d. Deferred tax asset/(liabilities) - net (continued)
2023 1
Dikreditkan ke
ekuitas dari
(Dibebankan)/ pendapatan
dikreditkan ke komprehensif
laba tahun lain/
berjalan/ Credited to
(Charged)/ equity from
Saldo awal/ credited to other Saldo akhir/
Beginning income for comprehensive Ending
balance 1 the year 1 income 1 balance 1
Aset pajak tangguhan: Deferred tax assets:
Imbalan kerja yang
masih harus dibayar 118.097 (1.944) 18.018 134.171 Accrued employees’ benefits
Biaya lainnya yang masih
harus dibayar dan Accrued other expenses and
kesejahteraan karyawan 125.828 (14.135) - 111.693 employees’ welfare
Cadangan kerugian Allowance for impairment
penurunan nilai atas losses on consumer
piutang pembiayaan financing receivables,
konsumen, piutang murabahah financing
pembiayaan murabahah dan receivables and
piutang sewa pembiayaan 73.290 8.098 - 81.388 finance lease receivables
Pemasaran 91.860 (53.997) - 37.863 Marketing
Lindung nilai arus kas 954 - (743) 211 Cash flow hedge
Liabilitas sewa 37.114 (4.544) - 32.570 Lease liabilities
Cadangan kerugian Allowance for impairment
penurunan nilai losses on other
piutang lain-lain 255 (192) - 63 receivables
Dividen saham 77 (77) - - Stock dividend
447.475 (66.791) 17.275 397.959
Liabilitas pajak tangguhan: Deferred tax liabilities:
Penyusutan aset tetap (20.786) 3.267 - (17.519) Depreciation of fixed assets
Aset hak guna (31.272) 5.797 - (25.475) Right-of-use asset
(52.058) 9.064 - (42.994)
Aset pajak tangguhan - neto 395.417
1 (57.727)
1 17.275
1 354.965
1 Deferred tax assets - net
* Tidak diaudit *Unaudited
76
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 535
Page 538
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
e. Sengketa pajak e. Tax disputes
Tahun pajak 2016 Fiscal year 2016
Pada tanggal 4 Juli 2018, Perseroan menerima Surat On 4 July 2018, the Company received Tax Assessment
Ketetapan Pajak (SKP) untuk tahun fiskal 2016. Letters for the fiscal year 2016. Based on the Assessment
Berdasarkan SKP tersebut, Kantor Pajak menetapkan Letters, the Tax Office confirmed the underpayment of
kurang bayar atas Pajak Penghasilan Pasal 21 (“PPh Article 21 Income Tax, Withholding Tax articles 23/26,
Pasal 21”), Pajak Penghasilan Pasal 23/26 (“PPh Pasal Value Added Tax (“VAT”), and Corporate Income Tax
23/26”), Pajak Pertambahan Nilai (“PPN”) dan Pajak (“CIT”) aggregating Rp364,058. The result of the audit
Penghasilan Badan dengan jumlah keseluruhan was agreed by the Company’s Management, except for
Rp364.058. Hasil pemeriksaan tersebut telah disetujui the assessment on the underpayment of Corporate
Manajemen Perseroan, kecuali ketetapan kurang bayar Income Tax of Rp292,138 and the VAT underpayment
Pajak Penghasilan Badan sebesar Rp292.138 dan assessment of Rp49,374 (including penalty) which were
ketetapan kurang bayar PPN sebesar Rp49.374 also subsequently paid and recorded as prepaid tax. On
(termasuk denda) yang telah dibayar dan dicatat sebagai 24 September 2018, the Company has submitted the
pajak dibayar dimuka. Pada tanggal objection letter for the assessment of Corporate Income
24 September 2018, Perseroan telah mengajukan surat Tax and VAT as mentioned in the Underpayment Tax
keberatan atas penetapan Pajak Penghasilan Badan Assessment Letters. The tax assessment which was
dan PPN yang tercantum dalam Surat Ketetapan Pajak agreed by the Company’s Management of Rp21,073 for
Kurang Bayar. Hasil pemeriksaan yang telah disetujui Corporate Income Tax, Rp1,167 for Article 21 Income
Manajemen Perseroan masing-masing sebesar Tax, Rp117 for Withholding Tax articles 23/26 and Rp189
Rp21.073 untuk Pajak Penghasilan Badan, Rp1.167 for Overseas VAT has been paid and was charged to the
untuk PPh Pasal 21, Rp117 untuk PPh Pasal 23/26 dan statement of proft or loss year 2018.
Rp189 untuk PPN Luar Negeri telah dibayar dan
dibebankan ke laporan laba rugi tahun 2018.
Pada tanggal 8 Agustus 2019, Perseroan menerima On 8 August 2019, the Company received Objection
Surat Keputusan Keberatan atas Surat Ketetapan Pajak Decision Letter on VAT assessment letter for period
PPN masa Januari - Desember 2016 yang isinya January - December 2016 which rejected all the
menolak seluruh keberatan Perseroan. Pada tanggal Company’s objection. On 1 November 2019, the
1 November 2019, Perseroan telah mengajukan Company has filed appeal request to Tax Court on
permohonan banding ke Pengadilan Pajak atas rejected decision of Rp49,374.
keputusan yang ditolak sebesar Rp49.374.
Pada tanggal 9 Agustus 2019, Perseroan menerima On 9 August 2019, the Company received Objection
Surat Keputusan Keberatan atas Surat Ketetapan Pajak Decision Letter on CIT assessment letter for Fiscal Year
PPh Badan Tahun Pajak 2016. Dalam surat keputusan 2016. On that objection decision, Tax Office only partially
keberatan tersebut, Kantor Pajak hanya menyetujui agreed on CIT objection request amounting to Rp802. On
sebagian permohonan keberatan pajak PPh Badan 1 November 2019, the Company has filed appeal request
sebesar Rp802. Pada tanggal 1 November 2019, to Tax Court on rejected decision of Rp291,336.
Perseroan telah mengajukan permohonan banding ke
Pengadilan Pajak atas keputusan yang ditolak sebesar
Rp291.336.
Pada tanggal 3 Mei 2021, Pengadilan Pajak On 3 May 2021, the Tax Court decided on the Company's
memutuskan sengketa PPN Perseroan. Dalam Putusan VAT dispute. In the Tax Court's Decision for the VAT case
Pengadilan Pajak untuk kasus PPN masa Januari - for the period January - December 2016, the Panel of
Desember 2016, Majelis Hakim mengabulkan sebagian Judges granted part of the Company's appeal, amounting
permohonan banding Perseroan yaitu sebesar Rp4.407. to Rp4,407.
Atas porsi kasus PPN yang ditolak sebesar Rp44.967, For rejected portion on VAT Case of Rp44,967, the
Perseroan telah mengajukan Permohonan Peninjauan Company has submitted Judicial Review on
Kembali pada tanggal 6 Agustus 2021 dan Kantor Pajak 6 August 2021 and Tax Office has submitted Judicial
telah memberikan Kontra Memori Peninjauan Kembali Review Counter Memory on 16 September 2021. The
pada tanggal 16 September 2021. Perseroan telah Company has received Supreme Court Decisions that
menerima Putusan Mahkamah Agung yang isinya granted the Company’s Judicial Review and the Company
mengabulkan Permohonan Peninjauan Kembali dan has received all of tax refund on the granted portion.
Perseroan telah menerima seluruh pengembalian pajak
atas porsi yang dikabulkan tersebut.
* Tidak diaudit *Unaudited
77
536 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 539
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
e. Sengketa pajak (lanjutan) e. Tax disputes (continued)
Tahun pajak 2016 (lanjutan) Fiscal year 2016 (continued)
Atas porsi kasus PPN yang diterima sebesar Rp4.407, For accepted portion on VAT case of Rp4,407, Tax Office
Kantor Pajak telah mengajukan Permohonan has submitted Judicial Review on 4 August 2021 and the
Peninjauan Kembali pada tanggal 4 Agustus 2021 dan Company has submitted Judicial Review Counter Memory
Perseroan telah memberikan Kontra Memori Peninjauan on 15 September 2021. Up to reporting date, the
Kembali pada tanggal 15 September 2021. Sampai Company has received Supreme Court Decisions that
dengan tanggal pelaporan, Perseroan telah menerima rejected the Tax Office Judicial Review. Tax Office has
Putusan Mahkamah Agung yang isinya menolak refunded all accepted portion on VAT case of Rp4,407.
Permohonan Peninjauan Kembali Kantor Pajak. Kantor
Pajak telah mengembalikan seluruh porsi kasus PPN
yang diterima sebesar Rp4.407.
Adapun atas kasus PPN masa Februari 2016 dengan As for the VAT case for tax period February 2016 with
nilai sengketa Rp2.934, Kantor Pajak mengajukan disputed value of Rp2,934, The Tax Office has filed the
Peninjauan Kembali Kedua pada tanggal 23 Mei 2023. Second Judicial Review on 23 May 2023. On 15 August
Pada tanggal 15 Agustus 2024, Mahkamah Agung telah 2024, the Supreme Court decided on the case by ruling
memutus perkara dengan amar tidak dapat menerima that it could not accept the Second Judicial Review by the
Permohonan Peninjauan Kembali Kedua oleh Kantor Tax Office so that all VAT Supreme Court Decision has
Pajak sehingga semua Putusan Peninjauan Kembali been final and has permanent legal force.
PPN telah final dan memiliki kekuatan hukum tetap.
Pada tanggal 13 Desember 2021, Pengadilan Pajak On 13 December 2021, the Tax Court decided on the
memutuskan sengketa PPh Badan Perseroan. Dalam Company's CIT dispute. In the Tax Court's Decision for
Putusan Pengadilan Pajak untuk kasus PPh Badan the CIT case for Fiscal Year 2016, the Panel of Judges
Tahun Pajak 2016, Majelis Hakim mengabulkan granted some of the Company's appeal, amounting to
sebagian permohonan banding Perseroan sebesar Rp290,091 and rejected some of Company's appeal
Rp290.091 dan menolak sebagian banding Perseroan amounting to Rp1,245.
sebesar Rp1.245.
Untuk bagian yang diterima, Kantor Pajak sudah For accepted part, Tax Office has filed Judicial Review on
mengajukan Peninjauan Kembali pada tanggal 28 March 2022 and the Company has submitted Judicial
28 Maret 2022 dan Perseroan telah memberikan Kontra Review Counter Memory on 22 April 2022. The Company
Memori Peninjauan Kembali pada tanggal has received tax refund from granted portion on 15 June
22 April 2022. Perseroan telah menerima pengembalian 2022. For rejected part, the Company had filed Judicial
pajak dari porsi yang dikabulkan pada tanggal 15 Juni Review to Supreme Court on 10 March 2022 and Tax
2022. Untuk bagian yang ditolak, Perseroan telah Office has submitted Judicial Review Counter Memory on
mengajukan Peninjauan Kembali ke Mahkamah Agung 14 April 2022. The Company has received Supreme Court
pada tanggal 10 Maret 2022 dan Kantor Pajak telah Decision rejecting Judicial Review filed by the Company
memberikan Kontra Memori Peninjauan Kembali pada and Tax Office and hence, Tax Court Decision for CIT
tanggal 14 April 2022. Perseroan telah menerima case dated 13 December 2021 has been final and has
Putusan Mahkamah Agung yang isinya menolak permanent legal force.
permohonan Peninjauan Kembali Perseroan dan Kantor
Pajak sehingga Putusan Pengadilan Pajak untuk kasus
PPh Badan tanggal 13 Desember 2021 telah final dan
memiliki kekuatan hukum tetap.
* Tidak diaudit *Unaudited
78
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 537
Page 540
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
e. Sengketa pajak (lanjutan) e. Tax disputes (continued)
Tahun pajak 2017 Fiscal year 2017
Pada tanggal 28 Juni 2022, Perseroan menerima SKP On 28 June 2022, the Company received Tax
untuk tahun fiskal 2017. Berdasarkan SKP tersebut, Assessment Letters for the fiscal year 2017. Based on the
Kantor Pajak menetapkan kurang bayar atas PPh Pasal Assessment Letters, the Tax Office confirmed the
21, PPh Pasal 23/26, PPN, dan Pajak Penghasilan underpayment of Article 21 Income Tax, Withholding Tax
Badan dengan jumlah keseluruhan Rp28.324 yang di Articles 23/26, VAT, and Corporate Income Tax
dalamnya terdapat porsi lebih bayar PPh Badan aggregating Rp28,324 which include Corporate Income
Rp14.909 yang disetujui oleh Kantor Pajak. Perseroan Tax overpayment of Rp14,909 agreed by Tax Office. The
setuju dengan koreksi lebih bayar PPh Badan sebesar Company agreed with correction on Corporate Income
Rp14.909 dan koreksi kurang bayar PPh Pasal 21, PPh Tax overpayment of Rp14,909 and correction on Article
Pasal 23/26, PPN Luar Negeri sebesar Rp1.274. 21, Articles 23/26, Overseas VAT underpayment of
Rp1,274.
Pada tanggal 31 Agustus 2022, Perseroan mengajukan On 31 August 2022, the Company has submitted the
keberatan atas sisa ketetapan kurang bayar Pajak objection on Corporate Income Tax underpayment of
Penghasilan Badan sebesar Rp17.278 dan ketetapan Rp17,278 and VAT underpayment of Rp24,681 (including
kurang bayar PPN sebesar Rp24.681 (termasuk denda). penalties). For VAT case, on 30 March 2023, the Company
Untuk kasus PPN, pada tanggal 30 Maret 2023, has received Objection Decision reducing the VAT
Perseroan telah menerima Keputusan Keberatan yang payable from Rp24,681 to Rp21,976. For CIT case, on 2
isinya mengurangkan PPN terutang dari Rp24.681 May 2023, the Company has received Objection Decision
menjadi Rp21.976. Untuk kasus PPh Badan, pada that granted part of the Company's objection, amounting
tanggal 2 Mei 2023, Perseroan telah menerima to Rp12,791 out of a total request amounting to Rp17,278.
Keputusan Keberatan yang isinya mengabulkan The Company has received tax refund from the portion of
sebagian permohonan keberatan sebesar Rp12.791 CIT and VAT that was granted during the objection
dari total permohonan sebesar Rp17.278. Perseroan process. For rejected portion on CIT case of Rp4,487, the
telah menerima pengembalian pajak dari porsi PPh company agreed with CIT objection decision amounting to
Badan dan PPN yang dikabulkan pada proses Rp388 which was charged to the statement of profit or loss
keberatan. Atas porsi PPh Badan yang ditolak on June 2023.
keberatannya sebesar Rp4.487, Perseroan menyetujui
sebagian keputusan keberatan sebesar Rp388 yang
telah dibebankan ke laporan laba rugi Juni 2023.
Pada tanggal 14 Juni 2023, Perseroan mengajukan On 14 June 2023, the Company filed appeal request to
banding untuk kasus PPh Badan sebesar Rp4.099 dan Tax Court for CIT case of Rp4,099 and VAT case of
kasus PPN sebesar Rp21.976. Pada tanggal 15 Mei Rp21,976. On 15 May 2024, the Tax Court decided on the
2024, Pengadilan Pajak memutuskan sengketa PPh Company's CIT and VAT dispute. In the Tax Court's
Badan dan PPN Perseroan. Dalam Putusan Pengadilan Decision for the CIT case for Fiscal Year 2017, the Panel
Pajak untuk kasus PPh Badan Tahun Pajak 2017, of Judges rejected the Company's appeal amounting to
Majelis Hakim menolak permohonan banding Perseroan Rp4,099. In the Tax Court's Decision for the VAT case for
sebesar Rp4.099. Dalam Putusan Pengadilan Pajak the period January - December 2017, the Panel of Judges
untuk kasus PPN masa Januari - Desember 2017, rejected the Company's appeal amounting to Rp21,976.
Majelis Hakim menolak permohonan banding Perseroan
sebesar Rp21.976.
Pada tanggal 19 Juli 2024, Perseroan mengajukan On 19 July 2024, the Company has submitted a Judicial
Permohonan Peninjauan Kembali atas kasus PPh Review to Supreme Court for CIT case of Rp4,099 and
Badan sebesar Rp4.099 dan kasus PPN sebesar VAT case of Rp21,976 which was rejected by the Panel of
Rp21.976 yang ditolak oleh Majelis Hakim. Sampai Judges. Up to the reporting date, the Company is still
dengan tanggal pelaporan, Perseroan masih menunggu waiting the Judicial Review result.
hasil Peninjauan Kembali.
* Tidak diaudit *Unaudited
79
538 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 541
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
22. PERPAJAKAN (lanjutan) 22. TAXATION (continued)
e. Sengketa pajak (lanjutan) e. Tax disputes (continued)
Tahun pajak 2018 Fiscal year 2018
Pada tanggal 5 September 2023, Perseroan menerima On 5 September 2023, the Company received Tax
SKP untuk tahun fiskal 2018. Berdasarkan SKP Assessment Letters for the fiscal year 2018. Based on the
tersebut, Kantor Pajak menetapkan kurang bayar atas Assessment Letters, the Tax Office confirmed the
PPh Pasal 21, PPh Pasal 21 Final, PPh Pasal 23/26, underpayment of Article 21 Income Tax, Article 21 Final
PPh Pasal 4 ayat (2), PPN, dan Pajak Penghasilan Income Tax, Withholding Tax Articles 23/26, Withholding
Badan dengan jumlah keseluruhan Rp38.473. Tax Article 4 paragraph (2), VAT, and Corporate Income
Perseroan setuju dengan koreksi kurang bayar PPh Tax aggregating Rp38,473. The Company agreed with
Pasal 21, PPh Pasal 21 Final, PPh Pasal 23/26, dan PPh correction on Article 21, Article 21 Final, Articles 23/26,
Pasal 4 ayat (2) sebesar Rp152. and Article 4 paragraph (2) underpayment of Rp152.
Pada tanggal 3 November 2023, Perseroan mengajukan On 3 November 2023, the Company has submitted the
keberatan atas ketetapan kurang bayar Pajak objection on Corporate Income Tax underpayment of
Penghasilan Badan sebesar Rp12.814 dan ketetapan Rp12,814 and VAT underpayment of Rp25,507 (including
kurang bayar PPN sebesar Rp25.507 (termasuk denda). penalties). For VAT case, on 31 July 2024, the Company
Untuk kasus PPN, pada tanggal 31 Juli 2024, Perseroan has received Objection Decision reducing the VAT
telah menerima Keputusan Keberatan yang isinya payable from Rp25,507 to Rp24,804. For CIT case, on 31
mengurangkan PPN terutang dari Rp25.507 menjadi July 2024, the Company has received Objection Decision
Rp24.804. Untuk kasus PPh Badan, pada tanggal 31 Juli reducing the CIT payable from Rp12,814 to Rp12,563. The
2024, Perseroan telah menerima Keputusan Keberatan Company has received tax refund from the portion of CIT
yang isinya mengurangkan PPh Badan terutang dari and VAT that was granted during the objection process.
Rp12.814 menjadi Rp12.563. Perseroan telah For rejected portion on CIT case of Rp12,563, the
menerima pengembalian pajak dari porsi PPh Badan Company agreed with CIT objection decision amounting to
dan PPN yang dikabulkan pada proses keberatan. Atas Rp2,161 which was charged to the statement of profit or
porsi PPh Badan yang ditolak keberatannya sebesar loss on October 2024.
Rp12.563, Perseroan menyetujui sebagian keputusan
keberatan sebesar Rp2.161 yang telah dibebankan ke
laporan laba rugi Oktober 2024.
Pada tanggal 15 Oktober 2024, Perseroan mengajukan On 15 October 2024, the Company filed appeal request to
banding untuk kasus PPh Badan sebesar Rp 10.402 dan Tax Court for CIT case of Rp10,402 and VAT case of
kasus PPN sebesar Rp 24.804. Sampai dengan tanggal Rp24,804. Up to reporting date, the tax appeal is still
pelaporan, proses banding masih berlangsung. ongoing.
f. Administrasi f. Administration
Sesuai dengan peraturan perpajakan di Indonesia, Under the taxation laws of Indonesia, the Company
Perseroan melaporkan/menyetorkan pajak berdasarkan reports/pays tax on the basis of self-assessment.
sistem self-assessment. Direktur Jendral Pajak (“DJP”) Directorate General of Tax (“DJP”) may assess or amend
dapat menetapkan atau mengubah liabilitas pajak dalam tax liabilities within five years since the time the tax
waktu lima tahun sejak saat terutangnya pajak. becomes due.
Pada tanggal 31 Desember 2024, Peraturan Menteri On 31 December 2024, the Ministry of Finance of the
Keuangan Republik Indonesia No. 136 Tahun 2024 Republic of Indonesia’s regulation No.136 Year 2024
tentang Pengenaan Pajak Minimum Global (“Pilar Dua”) concerning the Imposition of Global Minimum Tax ("Pillar
telah diundangkan dan ditetapkan di Indonesia yang Two") has been enacted and established in Indonesia with
berlaku mulai 1 Januari 2025. Perseroan menerapkan effective date starting 1 January 2025. The Company
pengecualian PSAK 212 untuk mengakui dan applies the SFAS 212 exception to recognise and disclose
mengungkapkan informasi tentang aset dan liabilitas information on deferred tax assets and liabilities related to
pajak tangguhan yang terkait dengan pajak penghasilan the Pillar Two income taxes. The Company is still
pilar dua. Perseroan masih menilai dampak dari assessing the impact on the implementation of such
penerapan peraturan tersebut. regulation.
* Tidak diaudit *Unaudited
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. SUKUK MUDHARABAH 23. MUDHARABAH BONDS
2024 - 2023 -
Nilai nominal: Nominal value:
Sukuk Mudharabah Berkelanjutan III Continuing Mudharabah Bonds III
Tahap III Phase III
Pihak ketiga - 32.000 Third parties
Sukuk Mudharabah Berkelanjutan III Continuing Mudharabah Bonds III
Tahap IV Phase IV
Pihak ketiga - 14.000 Third parties
Sukuk Mudharabah Berkelanjutan IV Continuing Mudharabah Bonds IV
Tahap II Phase II
Pihak ketiga - 66.000 Third parties
Sukuk Mudharabah Berkelanjutan IV Continuing Mudharabah Bonds IV
Tahap III Phase III
Pihak ketiga 147.000 147.000 Third parties
Sukuk Mudharabah Berkelanjutan V Continuing Mudharabah Bonds V
Tahap I Phase I
Pihak ketiga 206.000 300.000 Third parties
Pihak berelasi 30.000 - Related party
Sukuk Mudharabah Berkelanjutan V Continuing Mudharabah Bonds V
Tahap II Phase II
Pihak ketiga 48.830 300.000 Third parties
Sukuk Mudharabah Berkelanjutan V Continuing Mudharabah Bonds V
Tahap III Phase III
Pihak ketiga 400.000 - Third parties
Jumlah - neto 831.830
1 859.000
1 Total - net
Dikurangi: Less:
Bagian yang jatuh tempo dalam waktu
satu tahun 387.980 427.170 Current portion
Bagian yang jatuh tempo lebih dari satu tahun 443.850
1 431.830
1 Non-current portion
Sesuai dengan perjanjian perwaliamanatan sukuk According to the trustee mudharabah bonds agreement,
mudharabah, kecuali Sukuk Mudharabah Berkelanjutan IV dan except Continuing Mudharabah Bonds IV and Continuing
Sukuk Mudharabah Berkelanjutan V, Perseroan memberikan Mudharabah Bonds V, the Company provides collateral with
jaminan fidusia berupa piutang pembiayaan murabahah (lihat fiduciary transfer of murabahah financing receivables (see
Catatan 6) dan rasio jumlah pinjaman terhadap ekuitas tidak Note 6) and debt to equity ratio should not exceed the
melebihi ketentuan, yaitu maksimal 10:1. Selain itu, selama provision, at maximum 10:1. Moreover, during the time that
pokok sukuk mudharabah belum dilunasi, Perseroan tidak the mudharabah bonds principals are still outstanding, the
diperkenankan, antara lain melakukan penggabungan usaha Company is not allowed to, among others, merge unless
kecuali dilakukan pada bidang usaha yang sama serta menjual performed on the same business and sell or assign more
atau mengalihkan lebih dari 40% aset Perseroan yang bukan than 40% of the Company’s non-murabahah financing
piutang pembiayaan murabahah. receivables assets.
Pendapatan bagi hasil sukuk mudharabah dihitung Revenue sharing for mudharabah bonds is calculated by
berdasarkan perkalian antara nisbah bagi hasil dengan marjin multiplication of revenue sharing ratio and margin that the
yang diperoleh Perseroan dari hasil pembiayaan murabahah. Company acquired from murabahah financing.
* Tidak diaudit *Unaudited
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
23. SUKUK MUDHARABAH (lanjutan) 23. MUDHARABAH BONDS (continued)
Pada tanggal 31 Desember 2024 dan 2023, Perseroan telah As of 31 December 2024 and 2023, the Company has paid
melakukan pembayaran bagi hasil sesuai dengan jatuh tempo the revenue sharing on schedule as stated in the trustee
yang telah ditetapkan dalam perjanjian perwaliamanatan dan agreement and complied with all the requirements
telah memenuhi seluruh persyaratan yang disebutkan dalam mentioned in the trustee agreement. Total principal of
perjanjian perwaliamanatan. Jumlah pokok sukuk mudharabah bonds have been paid in accordance with the
mudharabah telah dibayarkan sesuai dengan tanggal jatuh respective mudharabah bonds’ maturity date.
tempo sukuk mudharabah yang bersangkutan.
Pada tanggal 31 Desember 2024 dan 2023, seluruh sukuk As of 31 December 2024 and 2023, all of the Company’s
mudharabah Perseroan mendapat peringkat idAAA(sy) dari mudharabah bonds are rated idAAA(sy) by PT Pemeringkat
PT Pemeringkat Efek Indonesia (Pefindo). Efek Indonesia (Pefindo).
Bagi hasil atas sukuk mudharabah pada tahun 2024 sebesar The revenue sharing for mudharabah bonds in 2024
Rp61.575 (2023: Rp29.983). amounted to Rp61,575 (2023: Rp29,983).
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
Informasi mengenai klasifikasi dan nilai wajar sukuk Information with respect to the classification and fair value of
mudharabah diungkapkan pada Catatan 39. mudharabah bonds is disclosed in Note 39.
24. MODAL SAHAM DAN TAMBAHAN MODAL DISETOR 24. SHARE CAPITAL AND ADDITIONAL PAID-IN
CAPITAL
Pemegang saham Perseroan pada tanggal 31 Desember The Company’s shareholders as of 31 December 2024 and
2024 dan 2023 adalah sebagai berikut: 2023 are as follows:
2024 dan/and 2023
Jumlah saham
yang ditempatkan
dan disetor penuh/ Persentase
Number of shares kepemilikan/
issued and Percentage of Jumlah/
Pemegang saham fully paid ownership Total Shareholders
PT Bank Danamon Indonesia Tbk 920.700.000 92,07% 92.070 PT Bank Danamon Indonesia Tbk
PT Zurich Asuransi Indonesia Tbk 4.204.800 0,42% 420 PT Zurich Asuransi Indonesia Tbk
Lain-lain (masing-masing dengan
kepemilikan di bawah 5%) 75.095.200 7,51% 7.510 Others (each owns below 5%)
1.000.000.000 100,00% 100.000
Pada tahun 2017, terdapat penyesuaian tambahan modal In 2017, there was an additional paid-in capital adjustment
disetor terkait aset pengampunan pajak berupa penambahan related to tax amnesty asset for the additional of fixed assets
aset tetap sebersar Rp6.750. amounted Rp6,750.
25. PENGGUNAAN LABA NETO 25. APPROPRIATION OF NET INCOME
Pada tanggal 27 Maret 2024, para pemegang saham On 27 March 2024, the shareholders agreed to declare cash
menyetujui untuk membagikan dividen kas sebesar dividends amounting to Rp972,000 or Rp972 (full amount)
Rp972.000 atau Rp972 (nilai penuh) per saham dan per share and to add to the general reserve of Rp19,441.
menambah cadangan umum sebesar Rp19.441. Dividen kas Cash dividends were paid on 30 April 2024.
dibayarkan pada tanggal 30 April 2024.
Pada tanggal 4 April 2023, para pemegang saham On 4 April 2023, the shareholders agreed to declare cash
menyetujui untuk membagikan dividen kas sebesar dividends amounting to Rp803,000 or Rp803 (full amount)
Rp803.000 atau Rp803 (nilai penuh) per saham dan per share and to add to the general reserve of Rp16,055.
menambah cadangan umum sebesar Rp16.055. Dividen kas Cash dividends were paid on 4 May 2023.
dibayarkan pada tanggal 4 Mei 2023.
* Tidak diaudit *Unaudited
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
25. PENGGUNAAN LABA NETO (lanjutan) 25. APPROPRIATION OF NET INCOME (continued)
Pada tanggal 31 Desember 2024, Perseroan telah As of 31 December 2024, the Company had a general
membentuk cadangan umum sejumlah Rp242.578 (2023: reserve amounting to Rp242,578 (2023: Rp223,137), in
Rp223.137) sesuai dengan Undang-undang Republik accordance with Law of the Republic of Indonesia
Indonesia No. 1/1995 yang telah digantikan dengan Undang- No. 1/1995 which had been replaced by the Law No. 40/2007
Undang No. 40/2007 efektif tanggal 16 Agustus 2007 tentang effective on 16 August 2007 regarding the Limited Liability
Perseroan Terbatas, yang mengharuskan perseroan di Company, which requires Indonesian companies to set up a
Indonesia untuk membuat penyisihan cadangan umum general reserve amounting to at least 20% of the Company’s
sebesar sekurang-kurangnya 20% dari jumlah modal yang issued and paid up share capital. There is no definite period
ditempatkan dan disetor penuh. Undang-undang tersebut of time over which this amount should be provided.
tidak mengatur jangka waktu untuk penyisihan cadangan
umum minimum tersebut.
26. KERUGIAN KUMULATIF ATAS INSTRUMEN 26. CUMULATIVE LOSSES ON DERIVATIVE
DERIVATIF UNTUK LINDUNG NILAI ARUS KAS INSTRUMENTS FOR CASH FLOWS HEDGES
Perubahan kerugian kumulatif atas instrumen derivatif untuk The movements of cumulative losses on derivative
lindung nilai arus kas yang merupakan bagian efektif dari instruments for cash flows hedges which is an effective
akumulasi perubahan bersih nilai wajar instrumen lindung portion of the cumulative net change in the fair value of cash
nilai arus kas yang terkait dengan transaksi lindung nilai flows hedging instruments related to hedged transactions
yang belum mempengaruhi laba rugi adalah sebagai berikut: that have not yet affected the profit and loss are as follows:
2024 - 2023 -
Saldo awal tahun berjalan - Balance at the beginning of the year -
sebelum pajak penghasilan tangguhan (959) (4.337) before deferred income tax
Bagian efektif dari perubahan nilai wajar (13.618) 3.378 Effective portion of changes in fair value
(14.577) (959)
Aset pajak tangguhan (lihat Catatan 22) 3.207 211 Deferred tax asset (see Note 22)
Saldo akhir tahun berjalan - Balance at the end of the year -
setelah pajak penghasilan tangguhan (11.370)
1 (748)
1 after deferred income tax
27. LABA PER SAHAM – DASAR 27. EARNINGS PER SHARE – BASIC
Laba per saham dihitung dengan membagi laba tahun berjalan Earnings per share is calculated by dividing income for the
dengan rata-rata tertimbang jumlah lembar saham yang beredar year by the weighted average number of outstanding shares
pada tahun bersangkutan. during the year.
2024 - 2023 -
Laba tahun berjalan 1.406.682 1.944.047 Income for the year
Rata-rata tertimbang jumlah Weighted average number of
saham yang beredar 1.000.000.000 1.000.000.000 outstanding shares
Laba per saham - dasar Earnings per share - basic
(dinyatakan dalam nilai Rupiah penuh) 1.407
1 1.944
1 (expressed in full amount of Rupiah)
Perseroan tidak memiliki instrumen yang memberikan dampak The company does not have instrument that gives impact of
efek dilusi pada laba per saham dasar. dilution effect on basic earning per share.
* Tidak diaudit *Unaudited
83
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Page 545
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
28. PENDAPATAN PEMBIAYAAN KONSUMEN 28. CONSUMER FINANCING INCOME
2024 - 2023 -
Pendapatan pembiayaan konsumen Consumer financing income
Pihak ketiga 8.636.086 8.040.934 Third parties
Pihak berelasi 892 436 Related parties
Dikurangi: Less:
Bagian pendapatan yang dibiayai pihak
berelasi sehubungan dengan transaksi Portion of funds financed by related
pembiayaan bersama (2.446.121) (1.999.594) party in relation to joint financing
6.190.857
1 6.041.776
1
Pada tahun 2024, amortisasi biaya transaksi yang diakui In 2024, the amortisation of transaction costs recognised as
sebagai pengurang dari pendapatan pembiayaan konsumen a reduction to consumer financing income amounted to
sebesar Rp825.347 (2023: Rp586.138). Rp825,347 (2023: Rp586,138).
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan pihak Refer to Note 37 for details of balances and transactions with
berelasi. related parties.
29. MARJIN MURABAHAH 29. MURABAHAH MARGIN
2024 - 2023 -
Marjin murabahah Murabahah margin
Pihak ketiga 2.392.724 2.188.967 Third parties
Pihak berelasi 55 15 Related parties
Dikurangi: Less:
Bagian pendapatan yang dibiayai pihak berelasi
sehubungan dengan transaksi Portion of funds financed by related party
pembiayaan bersama (831.230) (706.122) in relation to joint financing
1.561.549
1 1.482.860
1
Pada tahun 2024, amortisasi biaya transaksi yang diakui 0 In 2024, the amortisation of transaction costs recognised as
sebagai pengurang dari marjin murabahah sebesar 3 a reduction to murabahah margin amounted to Rp256,504
Rp256.504 (2023: Rp194.010). 9 (2023: Rp194,010).
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
30. PENDAPATAN SEWA PEMBIAYAAN 30. FINANCE LEASES INCOME
2024 - 2023 -
Pendapatan sewa pembiayaan 266.455
- 147.862
- Finance leases income
Pada tahun 2024, amortisasi biaya transaksi yang diakui In 2024, the amortisation of transaction costs recognised as
sebagai pengurang dari pendapatan sewa pembiayaan a reduction to finance leases income amounted to Rp7,396
sebesar Rp7.396 (2023: Rp2.087). (2023: Rp2,087).
* Tidak diaudit *Unaudited
84
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
31. PENDAPATAN LAIN-LAIN 31. OTHER INCOME
2024 - 2023 -
Pihak ketiga Third parties
Administrasi 898.594 790.174 Administration
Denda keterlambatan 500.423 492.152 Late charges
Pemulihan dari piutang yang dihapusbukukan 255.571 261.483 Recovery of written-off receivables
Pinalti 103.122 114.075 Penalty
Jasa giro 69.878 26.656 Interest on current accounts
Komisi asuransi 34.932 38.433 Insurance commission
Lain-lain 13.060 38.919 Others
1.875.580 1.761.892
Pihak berelasi Related parties
Komisi asuransi, sponsorship dan lainnya 68.757 67.999 Insurance commission, sponsorship and others
Jasa giro 6.572 5.545 Interest on current accounts
75.329 73.544
1.950.909
1 1.835.436
1
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan pihak Refer to Note 37 for details of balances and transactions with
berelasi. related parties.
32. BEBAN GAJI DAN TUNJANGAN 32. SALARIES AND BENEFITS EXPENSES
2024 - 2023 -
Pihak ketiga Third parties
Gaji dan tunjangan 2.164.488 2.109.847 Salaries and allowance
Imbalan pasca-kerja karyawan 142.044 64.692 Post-employment benefits
Pelatihan dan pendidikan 33.602 80.164 Training and education
2.340.134 2.254.703
Pihak berelasi Related parties
Gaji dan tunjangan 135.748 166.873 Salaries and allowance
Imbalan pasca-kerja karyawan 9.738 (1.844) Post-employment benefits
145.486 165.029
2.485.620
1 2.419.732
1
Beban gaji dan tunjangan kepada Direksi pada tahun 2024 Salaries and benefits expenses for Directors in 2024
sebesar Rp54.122 (2023: Rp58.090). Beban gaji dan tunjangan amounted to Rp54,122 (2023: Rp58,090). Salaries and
kepada Komisaris pada tahun 2024 sebesar Rp6.403 (2023: benefits expenses for Commissioners in 2024 amounted to
Rp7.060). Rp6,403 (2023: Rp7,060).
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan pihak Refer to Note 37 for details of balances and transactions with
berelasi. related parties.
* Tidak diaudit *Unaudited
85
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Page 547
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
33. BEBAN BUNGA DAN KEUANGAN 33. INTEREST EXPENSE AND FINANCING CHARGES
2024 - 2023 -
Pihak ketiga Third parties
Bunga atas pinjaman yang diterima 512.880 463.505 Interest on borrowings
Bunga atas utang obligasi (lihat Catatan 19) 376.491 332.499 Interest on bonds payable (see Note 19)
Bagi hasil pinjaman mudharabah 15.548 15.472 Revenue sharing for mudharabah loans
Bunga atas liabilitas sewa 11.413 12.590 Interest on lease liabilities
Amortisation of mudharabah bonds
Amortisasi biaya emisi sukuk mudharabah 2.267 815 issuance cost
Beban provisi dan administrasi Provision and administration
pinjaman mudharabah - 250 expenses on mudharabah loan
918.599 825.131
Pihak berelasi Related parties
Bunga atas pinjaman yang diterima 365.273 150.100 Interest on borrowings
Bunga atas utang obligasi (lihat Catatan 19) 10.139 6.968 Interest on bonds payable (see Note 19)
375.412 157.068
1.294.011 982.199
1
Amortisasi biaya emisi obligasi yang diterbitkan pada tahun The amortisation of bonds issuance costs in 2024 amounting
2024 sebesar Rp9.492 (2023: Rp5.736) dicatat sebagai to Rp9,492 (2023: Rp5,736), was recorded as part of interest
bagian dari bunga atas utang obligasi, sedangkan amortisasi on bonds payable, while amortisation of provision expenses
beban provisi atas pinjaman yang diterima pada tahun 2024 on borrowings in 2024 amounting to Rp10,923 (2023:
sebesar Rp10.923 (2023: Rp9.145) dicatat sebagai bagian Rp9,145), was recorded as part of interest on borrowings.
dari bunga atas pinjaman yang diterima.
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan pihak Refer to Note 37 for details of balances and transactions with
berelasi. related parties.
34. BEBAN UMUM DAN ADMINISTRASI 34. GENERAL AND ADMINISTRATIVE EXPENSES
2024 - 2023 -
Pihak ketiga Third parties
Beban kantor 749.479 579.959 Office expenses
Beban sewa 226.764 167.313 Rental expenses
Perbaikan dan pemeliharaan 123.147 99.464 Repairs and maintenance
Penyusutan aset hak guna Depreciation of right-of-use assets
(lihat Catatan 14) 104.556 99.939 (see Note 14)
Transportasi 69.097 71.250 Transportation
Jasa penerimaan angsuran 68.314 64.009 Installment collection fees
Amortisasi aset tak berwujud (lihat Catatan 15) 49.417 50.490 Intangible assets amortisation (see Note 15)
Penyusutan aset tetap (lihat Catatan 13) 48.248 48.701 Depreciation of fixed assets (see Note 13)
Lain-lain 100.264 155.620 Others
1.539.286 1.336.745
Pihak berelasi Related party
Asuransi aset tetap dan lainnya 1.850 2.197 Fixed assets and other insurance
1.541.136
1 1.338.942
1
Lihat Catatan 37 untuk rincian saldo dan transaksi dengan Refer to Note 37 for details of balances and transactions with
pihak berelasi. related parties.
* Tidak diaudit *Unaudited
86
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
35. BEBAN LAIN-LAIN 35. OTHER EXPENSES
2024 - 2023 -
Penyisihan kerugian penurunan nilai Provision for impairment losses
piutang lain-lain 3.724 2.529 on other receivables
Lain-lain 789 2.643 Others
4.513
1 5.172
1
36. LIABILITAS IMBALAN KERJA 36. EMPLOYMENT BENEFITS LIABILITIES
2024 - 2023 -
Imbalan kerja jangka pendek 268.085 375.621 Short-term employee benefits
Imbalan pasca-kerja 620.426 561.160 Post-employment benefits
Imbalan kerja jangka panjang lainnya 46.312 45.391 Other long-term employment benefits
934.823
1 982.172
1
Imbalan kerja jangka pendek Short-term employee benefits
2024 - 2023 -
Bonus, THR, insentif, gaji, dan lain-lain Accrued bonus, THR, incentive,
yang masih harus dibayar 268.085
1 375.621 salaries, and others
Imbalan pasca-kerja Post-employment benefits
Sejak 16 Mei 2007, Perseroan menyelenggarakan program Since 16 May 2007, the Company has defined benefit
pensiun imbalan pasti untuk karyawan tetap yang sudah pension program covering its qualified permanent
memenuhi kriteria yang ditetapkan Perseroan dan dikelola employees who meet the Company’s criteria, managed and
serta diadministrasikan oleh PT Asuransi Jiwa Manulife administered by PT Asuransi Jiwa Manulife Indonesia.
Indonesia.
Pada tanggal 31 Desember 2024 dan 2023, iuran karyawan As of 31 December 2024 and 2023, the employees’
yang dibayarkan oleh Perseroan adalah sebesar 3% dari contribution paid by the Company was 3% of the
penghasilan tetap karyawan. employees’ salaries.
Pada tahun 2024, imbalan pasti yang diakui sebagai “beban In 2024, the defined benefit are recognised as “salaries and
gaji dan tunjangan” pada laporan laba rugi sebesar Rp27.931 benefits expenses” in the statement of profit or loss
(2023: Rp26.194). amounting to Rp27,931 (2023: Rp26,194).
Sesuai dengan UU Ketenagakerjaan yang berlaku, In accordance with applicable Labour Law, the Company is
Perseroan wajib memberikan imbalan pasca-kerja kepada required to provide post-employment benefits to its
karyawannya pada saat pemutusan hubungan kerja atau employees when their employment is terminated or when
pada saat karyawan menyelesaikan masa kerjanya. Imbalan they retire. These benefits are primarily based on years of
pasca-kerja ini diberikan terutama berdasarkan masa kerja service and the employees’ compensation at termination or
dan kompensasi karyawan pada saat pemutusan hubungan retirement.
kerja atau selesainya masa kerja.
Liabilitas imbalan pasca-kerja pada tanggal 31 Desember The post-employment benefits liabilities as of
2024 dan 2023 dihitung oleh aktuaris independen masing- 31 December 2024 and 2023 is calculated by an
masing tertanggal 30 Januari 2025 dan 23 Januari 2024, independent actuary dated 30 January 2025 and 23
I Gde Eka Sarmaja, dengan menggunakan metode Projected January 2024, respectively, I Gde Eka Sarmaja, using the
Unit Credit. Projected Unit Credit method.
* Tidak diaudit *Unaudited
87
546 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 549
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
36. LIABILITAS IMBALAN KERJA (lanjutan) 36. EMPLOYMENT BENEFITS LIABILITIES (continued)
Imbalan pasca-kerja (lanjutan) Post-employment benefits (continued)
Perubahan nilai kini kewajiban imbalan pasca kerja adalah The movements of the present value of obligation for post
sebagai berikut: employment benefits are as follows:
2024 - 2023 -
Saldo pada awal tahun 561.160 492.986 Balance at beginning of year
Beban jasa kini 58.032 46.797 Current service cost
Beban jasa lalu - (65.417) Past service cost
Beban bunga 37.289 33.749 Interest expense
Pengukuran kembali: Remeasurement:
- Perubahan dalam asumsi keuangan (12.767) 77.453 Change in financial assumptions -
- Penyesuaian pengalaman kewajiban 62 4.447 Experience adjustment on obligation -
Imbalan yang di bayar (23.350) (28.855) Benefits paid
Saldo pada akhir tahun 620.426
1 561.160
1 Balance at end of year
Jumlah yang diakui pada laporan laba rugi adalah sebagai The amounts recognised in the statements of profit or loss
berikut: are as follows:
2024 - 2023 -
Beban jasa kini 58.032 46.797 Current service cost
Beban jasa lalu - (65.417) Past service cost
Beban bunga 37.289 33.749 Interest expense
Beban yang diakui pada tahun berjalan 95.321 15.129
1 Expense to be recognised in the current year
Asumsi-asumsi utama yang digunakan oleh aktuaria The major assumptions used by the independent actuary
independen adalah sebagai berikut: are as follows:
2024 2023
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 7,00% 6,75% Annual discount rate
Tingkat kenaikan penghasilan dasar per 7,00% 7,00% Annual salary growth rate
tahun
Asumsi lainnya: Other assumptions:
Usia pensiun normal 55 tahun/years Normal retirement age
Tingkat pengunduran peserta 9,00% per tahun sampai dengan usia 25 tahun, 7,5% per tahun pada Resignation rate
usia 26 tahun berkurang hingga 0,5% per tahun pada usia 54
tahun/9.00% per annum up to age 25, 7.5% per annum at age 26
decrease linearly to 0.5% per annum at age 54
Tingkat kematian Tabel mortalita Indonesia/Mortality table Indonesia 2019 (TMI’19) Mortality rate
Tingkat cacat 10% dari TMI’19/10% from TMI’19 Disability rate
Durasi rata-rata tertimbang dari liabilitas program pensiun The weighted average duration of the defined benefit
imbalan pasti pada tanggal 31 Desember 2024 adalah 8,23 pension obligation as of 31 December 2024 are 8.23 years
tahun (2023: 8,66 tahun). (2023: 8.66 years).
* Tidak diaudit *Unaudited
88
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 547
Page 550
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
36. LIABILITAS IMBALAN KERJA (lanjutan) 36. EMPLOYMENT BENEFITS LIABILITIES (continued)
Imbalan pasca-kerja (lanjutan) Post-employment benefits (continued)
Sensitivitas dari kewajiban manfaat pasti terhadap The sensitivity of defined benefit obligation to changes in the
perubahan asumsi aktuaria adalah sebagai berikut: actuarial assumptions is as follows:
2024
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/Change asumsi/Increase asumsi/Decrease
in assumption in assumption in assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 1,00% (47.452) 53.455 Annual discount rate
Tingkat kenaikan penghasilan dasar
per tahun 1,00% 66.908 (60.186) Annual salary growth rate
2023
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/Change asumsi/Increase asumsi/Decrease
in assumption in assumption in assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 1,00% (45.114) 50.989 Annual discount rate
Tingkat kenaikan penghasilan dasar
per tahun 1,00% 63.350 (56.794) Annual salary growth rate
Analisa sensitivitas didasarkan pada perubahan atas satu The sensitivity analysis are based on a change in an
asumsi aktuarial dimana asumsi lainnya dianggap konstan. assumption while holding all other assumptions constant. In
Dalam praktiknya, hal ini jarang terjadi dan perubahan practice, this is unlikely to occur and changes in some of the
beberapa asumsi mungkin saling berkorelasi. Dalam assumptions may be correlated. When calculating the
perhitungan sensitivitas kewajiban imbalan pasti atas asumsi sensitivity of the defined benefit obligation to significant
aktuarial utama, metode yang sama (perhitungan nilai kini actuarial assumptions, the same method (present value of
kewajiban imbalan pasti dengan menggunakan metode the defined benefit obligation calculated with the Projected
Projected Unit Credit di akhir tahun) telah diterapkan seperti Unit Credit method at the end of year) has been applied as
dalam perhitungan kewajiban pensiun yang diakui dalam when calculating the pension liability recognised within the
laporan posisi keuangan. statements of financial position.
Analisis jatuh tempo yang diharapkan dari manfaat pensiun Expected maturity analysis of undiscounted pension
yang tidak terdiskonto adalah sebagai berikut: benefits are as follows:
2024 - 2023 -
Dalam waktu 10 tahun 785.070 651.974 Within next 10 years
Dalam waktu 10-20 tahun 1.655.557 1.584.728 Within 10-20 years
Dalam waktu 20-30 tahun 1.142.427 1.075.341 Within 20-30 years
Dalam waktu 30-40 tahun 38.387 29.962 Within 30-40 years
Imbalan kerja jangka panjang lainnya Other long-term employment benefits
Imbalan jangka panjang lainnya dalam bentuk penghargaan Other long-term employment benefits include service award
pengabdian didiskontokan ke nilai kini. is discounted to present value.
Liabilitas imbalan jangka panjang lainnya pada tanggal The other long-term liability benefits liabilities as of
31 Desember 2024 dan 2023 dihitung oleh aktuaris 31 December 2024 and 2023 is calculated by an
independen masing-masing tertanggal 30 Januari 2025 dan independent actuary dated 30 January 2025 and 23 January
23 Januari 2024, I Gde Eka Sarmaja, dengan menggunakan 2024, respectively, I Gde Eka Sarmaja, using the Projected
metode Projected Unit Credit. Unit Credit method.
* Tidak diaudit *Unaudited
89
548 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 551
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
36. LIABILITAS IMBALAN KERJA (lanjutan) 36. EMPLOYMENT BENEFITS LIABILITIES (continued)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long-term employment benefits (continued)
Perubahan nilai kini kewajiban imbalan kerja jangka panjang The movements of the present value of obligation for other
lainnya adalah sebagai berikut: long-term employment benefits are as follows:
2024 - 2023 -
Saldo pada awal tahun 45.391 40.503 Balance at beginning of year
Beban jasa kini 6.237 5.426 Current service cost
Beban bunga 2.814 2.590 Interest expense
Pengukuran kembali: Remeasurement:
- Penyesuaian pengalaman kewajiban 3.519 3.898 Experience adjustment on obligation -
- Perubahan dalam asumsi keuangan (573) 2.810 Change in financial assumptions -
Imbalan yang di bayar (11.076) (9.836) Benefits paid
Saldo pada akhir tahun 46.312
1 45.391
1 Balance at end of year
Jumlah yang diakui pada laporan laba rugi adalah sebagai The amounts recognised in the statements of profit or loss
berikut: are as follows:
2024 - 2023 -
Beban jasa kini 6.237 5.426 Current service cost
Beban bunga 2.814 2.590 Interest expense
Pengukuran kembali yang diakui Remeasurements
selama tahun berjalan 2.946 6.708 recognised during the year
Beban yang diakui pada tahun berjalan 11.997
1 14.724
1 Expense to be recognised in the current year
Sensitivitas dari kewajiban imbalan kerja jangka panjang The sensitivity of other long-term employment benefit
lainnya terhadap perubahan asumsi aktuaria adalah sebagai obligation to changes in the actuarial assumptions is as
berikut: follows:
2024
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/Change asumsi/Increase asumsi/Decrease
in assumption in assumption in assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 1,00% (2.171) 2.375 Annual discount rate
Tingkat kenaikan penghasilan dasar per
tahun 1,00% 2.499 (2.324) Annual salary growth rate
2023
Dampak atas kewajiban imbalan pasti/
Impact on defined benefit obligation
Perubahan Kenaikan Penurunan
asumsi/Change asumsi/Increase asumsi/Decrease in
in assumption in assumption assumption
Asumsi ekonomi: Economic assumptions:
Tingkat diskonto per tahun 1,00% (2.154) 2.361 Annual discount rate
Tingkat kenaikan penghasilan dasar per
tahun 1,00% 2.476 (2.299) Annual salary growth rate
* Tidak diaudit *Unaudited
90
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 549
Page 552
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
36. LIABILITAS IMBALAN KERJA (lanjutan) 36. EMPLOYMENT BENEFITS LIABILITIES (continued)
Imbalan kerja jangka panjang lainnya (lanjutan) Other long-term employment benefits (continued)
Analisa sensitivitas didasarkan pada perubahan atas satu The sensitivity analysis are based on a change in an
asumsi aktuarial dimana asumsi lainnya dianggap konstan. assumption while holding all other assumptions constant. In
Dalam praktiknya, hal ini jarang terjadi dan perubahan practice, this is unlikely to occur and changes in some of the
beberapa asumsi mungkin saling berkorelasi. Dalam assumptions may be correlated. When calculating the
perhitungan sensitivitas kewajiban imbalan pasti atas asumsi sensitivity of the defined benefit obligation to significant
aktuarial utama, metode yang sama (perhitungan nilai kini actuarial assumptions, the same method (present value of
kewajiban imbalan pasti dengan menggunakan metode the defined benefit obligation calculated with the Projected
Projected Unit Credit di akhir tahun) telah diterapkan seperti Unit Credit method at the end of year) has been applied as
dalam penghitungan kewajiban pensiun yang diakui dalam when calculating the pension liability recognised within the
laporan posisi keuangan. statements of financial position.
Analisis jatuh tempo yang diharapkan dari imbalan kerja Expected maturity analysis of undiscounted other long-term
jangka panjang lainnya yang tidak terdiskonto adalah sebagai employment benefits are as follows:
berikut:
2024 - 2023 -
Dalam waktu 10 tahun 81.553 75.530 Within next 10 years
Dalam waktu 10-20 tahun 54.683 53.068 Within 10-20 years
Dalam waktu 20-30 tahun 10.248 8.472 Within 20-30 years
37. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 37. BALANCES AND TRANSACTIONS WITH RELATED
BERELASI PARTIES
Berikut adalah rincian sifat hubungan dengan pihak berelasi: The nature of relationships with related parties is summarised
as follows:
Pihak berelasi/ Sifat dari hubungan/ Sifat dari transaksi/
Related parties Nature of relationship Nature of transaction
PT Bank Danamon Indonesia Tbk Perusahaan induk/Parent company Kerjasama pembiayaan, pinjaman, kas di bank dan pembelian
obligasi/Financing cooperation, borrowing, cash in bank and
purchase of bonds.
PT Zurich Asuransi Indonesia Tbk Entitas asosiasi PT Bank Danamon Indonesia Kerjasama asuransi kendaraan pembiayaan konsumen, asuransi
Tbk/Associate entity of PT Bank Danamon aset tetap Perseroan, asuransi kesehatan dan pembelian
Indonesia Tbk obligasi/Insurance cooperation in respect of motor vehicles under
consumer financing, insurance of the Company’s fixed assets,
health insurance and purchase of bonds.
PT Mandala Multifinance Tbk Entitas asosiasi/Associate entity Investasi pada entitas asosiasi/Investment in associate.
PT Home Credit Indonesia Dimiliki oleh pemegang saham pengendali Investasi dalam saham/Investment in shares.
perusahaan induk melalui Bank of Ayudhya
Public Company Limited/Owned by the
controlling shareholder of parent company
through Bank of Ayudhya Public Company
Limited
MUFG Bank, Ltd. Pemegang saham pengendali perusahaan Kas di bank dan pinjaman/Cash in bank and borrowing.
induk/The controlling shareholder of parent
company
PT Zurich General Takaful Indonesia Dimiliki oleh entitas asosiasi PT Bank Danamon Kerjasama asuransi kendaraan pembiayaan syariah dan
Indonesia Tbk/Owned by associate entity of pembelian sukuk mudharabah/Insurance cooperation in respect
PT Bank Danamon Indonesia Tbk of motor vehicles under sharia financing and purchase of
mudharabah bonds.
PT General Integrated Company Dimiliki oleh salah satu Komisaris Perusahaan Utang kepada dealer/Payables to dealers.
Induk/Owned by one Commissioner of Parent
Company
Personil manajemen kunci/ Direktur, komisaris dan pejabat eksekutif Kontrak pembiayaan konsumen dan murabahah, pembelian
Key management personnel /Directors, commissioners and executive obligasi, serta pembayaran gaji dan tunjangan direktur, komisaris
employees dan pejabat eksekutif/Consumer and murabahah financing
contract, purchase of bonds and allowances paid to directors,
commissioners and executive employees.
* Tidak diaudit *Unaudited
91
550 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 553
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
37. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 37. BALANCES AND TRANSACTIONS WITH RELATED
BERELASI (lanjutan) PARTIES (continued)
− Berdasarkan perjanjian pembiayaan bersama pada − Based on the joint financing agreement dated
tanggal 30 April 2004, dan diubah pada tanggal 30 April 2004, which was amended on 26 June 2023, the
26 Juni 2023, Perseroan dan PT Bank Danamon Company and PT Bank Danamon Indonesia Tbk agreed
Indonesia Tbk setuju untuk melakukan kerjasama to enter into a joint financing facility agreement for
pemberian fasilitas pembiayaan bersama kepada consumer. The portion of receivables financed by PT
konsumen. Porsi pembiayaan PT Bank Danamon Bank Danamon Indonesia Tbk is maximum at 99% of the
Indonesia Tbk adalah maksimal sebesar 99% dari jumlah balance to be financed and the portion of receivables
pembiayaan dan porsi Perseroan minimum sebesar 1% financed by the Company is minimum at 1% of the
dari jumlah pembiayaan. PT Bank Danamon Indonesia balance to be financed. PT Bank Danamon Indonesia Tbk
Tbk menentukan tingkat bunga pada tahun 2024 berkisar charged interest rates per annum in 2024 ranging from
antara 10,81% - 16,34% (2023: 10,54% - 16,08%). 10.81% - 16.34% (2023: 10.54% - 16.08%).
− Berdasarkan perjanjian wakalah pembiayaan bersama − Based on the wakalah agreement dated
pada tanggal 14 September 2017, dan diubah pada 14 September 2017, which was amended on 26 June
tanggal 26 Juni 2023, Perseroan dan PT Bank Danamon 2023, the Company and PT Bank Danamon Indonesia Tbk
Indonesia Tbk setuju untuk melakukan kerjasama agreed to enter into a joint financing facility agreement for
pemberian fasilitas pembiayaan bersama kepada consumer. The portion of receivables financed by PT Bank
konsumen. Porsi pembiayaan PT Bank Danamon Danamon Indonesia Tbk is maximum at 99% of the
Indonesia Tbk adalah maksimal sebesar 99% dari jumlah balance to be financed and the portion of receivables
pembiayaan dan porsi Perseroan minimum sebesar 1% financed by the Company is minimum at 1% of the balance
dari jumlah pembiayaan. PT Bank Danamon Indonesia to be financed. PT Bank Danamon Indonesia Tbk charged
Tbk menentukan tingkat bunga pada tahun 2024 berkisar interest rates per annum in 2024 ranging from 13.80% -
antara 13,80% - 17,46% (2023: 11,80% - 17,46%). 17.46% (2023: 11.80% - 17.46%).
− Perseroan memperoleh fasilitas pinjaman modal kerja − The Company has working capital facilities from
dari PT Bank Danamon Indonesia Tbk dan MUFG Bank, PT Bank Danamon Indonesia dan MUFG Bank, Ltd. (see
Ltd. (lihat Catatan 17). Note 17).
− Perseroan memiliki kas di bank pada PT Bank Danamon − The Company has cash in bank at PT Bank Danamon
Indonesia Tbk dan MUFG Bank, Ltd. (Jakarta) (lihat Indonesia Tbk and MUFG Bank, Ltd. (Jakarta) (see Note
Catatan 4). 4).
− Berdasarkan perjanjian pada tanggal 27 September − Based on the agreement dated 27 September 2018, the
2018, Perseroan dan PT Zurich Asuransi Indonesia Tbk Company and PT Zurich Asuransi Indonesia Tbk agreed
setuju untuk bekerjasama dalam mempromosikan dan to enter into a cooperation agreement in promoting and
memperkenalkan produk asuransi PT Zurich Asuransi introducing insurance products of PT Zurich Asuransi
Indonesia Tbk kepada konsumen Perseroan selama Indonesia Tbk to the Company’s consumers during the
masa efektif, yaitu 20 tahun. Sebagai imbal balik, pada effective period of 20 years. In return, on 27 November
tanggal 27 November 2019 Perseroan telah menerima 2019, the Company received access fees from PT Zurich
access fee dari PT Zurich Asuransi Indonesia Tbk. Asuransi Indonesia Tbk.
− Perseroan telah menunjuk PT Zurich Asuransi Indonesia − The Company appointed PT Zurich Asuransi Indonesia
Tbk untuk menyediakan perlindungan asuransi atas aset Tbk to provide insurance coverage for fixed assets.
tetap.
− Perseroan juga menunjuk PT Zurich Asuransi Indonesia − The Company has also appointed PT Zurich Asuransi
Tbk untuk menyediakan asuransi kesehatan untuk Indonesia Tbk to provide health insurance for the
karyawan Perseroan. Company’s employees.
− Perseroan telah menunjuk PT Zurich General Takaful − The Company appointed PT Zurich General Takaful
Indonesia untuk meyediakan perlindungan asuransi atas Indonesia to provide insurance cover for consumers motor
kendaraan bermotor konsumen dengan pembiayaan vehicles which are sharia financed by the Company.
syariah Perseroan.
− PT General Integrated Company merupakan salah satu − PT General Integrated Company is one of the dealers in
dealer dalam menyalurkan kendaraan bermotor kepada delivering motor vehicles to consumers who have received
konsumen yang telah memperoleh persetujuan kredit consumer financing contracts approval from Company.
dari Perseroan.
* Tidak diaudit *Unaudited
92
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 551
Page 554
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
37. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 37. BALANCES AND TRANSACTIONS WITH RELATED
BERELASI (lanjutan) PARTIES (continued)
− Personil manajemen kunci adalah orang-orang yang − Key management personnel are those people who have
mempunyai wewenang dan tanggung jawab untuk the authority and responsibility to plan, lead, and control
merencanakan, memimpin, dan mengendalikan aktivitas activities of the Company, directly or indirectly. Key
Perseroan, secara langsung atau tidak langsung. management personnel consists of Directors,
Personil manajemen kunci Perseroan terdiri dari Commissioners, and executive employees of the
Direktur, Komisaris, dan pejabat ekskutif Perseroan, Company, parent company (PT Bank Danamon Indonesia
perusahaan induk (PT Bank Danamon Indonesia Tbk), Tbk), and other related parties.
dan pihak berelasi lainnya.
Seluruh transaksi yang signifikan dengan pihak-pihak All significant transactions with related parties are conducted
berelasi dilakukan dengan persyaratan dan kondisi usaha under commercial terms and condition which may not be
pada umumnya yang mungkin tidak sama sebagaimana similar to those conducted with third parties.
dilakukan dengan pihak ketiga.
Saldo dan transaksi dengan pihak berelasi adalah sebagai Balances and transactions with related parties are as follows:
berikut:
a. Kas dan setara kas (lihat Catatan 4) a. Cash and cash equivalents (see Note 4)
2024 - 2023 -
Perusahaan induk: Parent company:
PT Bank Danamon Indonesia Tbk 826.470 736.987 PT Bank Danamon Indonesia Tbk
Pihak berelasi lainnya: Other related party:
MUFG Bank, Ltd. (Jakarta) 29.026 30 MUFG Bank, Ltd. (Jakarta)
855.496
- 737.017
-
Persentase terhadap total aset 2,63%
- 2,38%
- Percentage to total assets
b. Piutang pembiayaan konsumen (lihat Catatan 5) b. Consumer financing receivables (see Note 5)
2024 - 2023 -
Personil manajemen kunci dari perusahaan
induk: Key management personnel of parent company:
Piutang pembiayaan konsumen - bruto 3.334 3.036 Consumer financing receivables - gross
Pendapatan pembiayaan konsumen yang
belum diakui (340) (337) Unearned consumer financing income
Cadangan kerugian penurunan nilai (17) (15) Allowance for impairment losses
2.977 2.684
Personil manajemen kunci dari Perseroan: Key management personnel of the Company:
Piutang pembiayaan konsumen - bruto 4.344 2.954 Consumer financing receivables - gross
Pendapatan pembiayaan konsumen yang
belum diakui (308) (334) Unearned consumer financing income
Cadangan kerugian penurunan nilai (51) (92) Allowance for impairment losses
3.985 2.528
Personil manajemen kunci dari pihak Key management personnel of
berelasi lainnya: other related parties:
Piutang pembiayaan konsumen - bruto 10 132 Consumer financing receivables - gross
Pendapatan pembiayaan konsumen yang
belum diakui - (8) Unearned consumer financing income
Cadangan kerugian penurunan nilai - - Allowance for impairment losses
10 124
6.972
- 5.336
-
Persentase terhadap total aset 0,02%
- 0,02%
- Percentage to total assets
* Tidak diaudit *Unaudited
93
552 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 555
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
37. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 37. BALANCES AND TRANSACTIONS WITH RELATED
BERELASI (lanjutan) PARTIES (continued)
Saldo dan transaksi dengan pihak berelasi adalah sebagai Balances and transactions with related parties are as
berikut: (lanjutan) follows: (continued)
c. Piutang pembiayaan murabahah (lihat Catatan 6) c. Murabahah financing receivables (see Note 6)
2024 - 2023 -
Personil manajemen kunci dari perusahaan
induk: Key management personnel of parent company:
Piutang pembiayaan murabahah - bruto 862 310 Murabahah financing receivables - gross
Margin murabahah yang belum diakui (39) (23) Unearned murabahah margin
Cadangan kerugian penurunan nilai (39) (13) Allowance for impairment losses
784 274
Personil manajemen kunci dari Perseroan: Key management personnel of the Company:
Piutang pembiayaan murabahah - bruto 1 7 Murabahah margin receivables - gross
Margin murabahah yang belum diakui - - Unearned murabahah margin
Cadangan kerugian penurunan nilai - - Allowance for impairment losses
1 7
785
- 281
-
Persentase terhadap total aset 0,00%
- 0,00%
- Percentage to total assets
d. Beban dibayar dimuka (lihat Catatan 8) d. Prepaid expenses (see Note 8)
2024 - 2023 -
Pihak berelasi lainnya: Other related party:
PT Zurich Asuransi Indonesia Tbk 44.053
- 38.904
- PT Zurich Asuransi Indonesia Tbk
Persentase terhadap total aset 0,14%
1 0,13%
1 Percentage to total assets
e. Piutang lain-lain (lihat Catatan 9) e. Other receivables (see Note 9)
` 2024 2023 -
Pihak berelasi lainnya: Other related parties:
PT Zurich Asuransi Indonesia Tbk 28.834 39.177 PT Zurich Asuransi Indonesia Tbk
PT Zurich General Takaful Indonesia 8.974 13.842 PT Zurich General Takaful Indonesia
Personil manajemen kunci dari Perseroan 16.431 14.133 Key management personnel of the Company
54.239
- 67.152
-
Persentase terhadap total aset 0,17%
- 0,22%
- Percentage to total assets
Tidak terdapat kerugian penurunan nilai atas piutang No impairment losses of other receivables from key
lain-lain dari personil manajemen kunci selama tahun management personnel during the year, and no
berjalan, dan tidak ada cadangan yang dibuat untuk allowance has been made for impairment losses of
kerugian penurunan nilai atas piutang lain-lain dari other receivables from key management personnel and
personil manajemen kunci dan anggota keluarga dekat their immediate family at the end of the year.
mereka pada akhir tahun.
* Tidak diaudit *Unaudited
94
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 553
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
37. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 37. BALANCES AND TRANSACTIONS WITH RELATED
BERELASI (lanjutan) PARTIES (continued)
Saldo dan transaksi dengan pihak berelasi adalah sebagai Balances and transactions with related parties are as
berikut: (lanjutan) follows: (continued)
f. Investasi dalam saham (lihat Catatan 11) f. Investment in shares (see Note 11)
2024 - 2023 -
Pihak berelasi lainnya: Other related party:
PT Home Credit Indonesia 396.870
- 386.360
- PT Home Credit Indonesia
Persentase terhadap total aset 1,22%
- 1,25%
- Percentage to total assets
g. Investasi pada entitas asosiasi (lihat Catatan 12) g. Investment in associate (see Note 12)
2024 - 2023 -
Pihak berelasi lainnya: Other related party:
PT Mandala Multifinance Tbk 901.143
- -- PT Mandala Multifinance Tbk
Persentase terhadap total aset 2,77%
- 0,00%
- Percentage to total assets
h. Pinjaman yang diterima (lihat Catatan 17) h. Borrowings (see Note 17)
2024 - 2023 -
Perusahaan induk: Parent company:
PT Bank Danamon Indonesia Tbk 215.278 992.083 PT Bank Danamon Indonesia Tbk
Pihak berelasi lainnya: Other related parties:
MUFG Bank, Ltd. (Hong Kong) 4.104.225 - MUFG Bank, Ltd. (Hong Kong)
MUFG Bank, Ltd. (Singapura) 1.063.278 235.181 MUFG Bank, Ltd. (Singapore)
MUFG Bank, Ltd. (Jakarta) 433.333 1.154.167 MUFG Bank, Ltd. (Jakarta)
5.816.114
1 2.381.431
1
Persentase terhadap total liabilitas 27,65%
1 11,97%
1 Percentage to total liabilities
i. Beban yang masih harus dibayar (lihat Catatan 18) i. Accrued expenses (see Note 18)
2024 - 2023 -
Perusahaan induk: Parent company:
PT Bank Danamon Indonesia Tbk 1.273 2.590 PT Bank Danamon Indonesia Tbk
Pihak berelasi lainnya: Other related parties:
PT Zurich Asuransi Indonesia Tbk 44.814 39.874 PT Zurich Asuransi Indonesia Tbk
MUFG Bank, Ltd. (Hong Kong) 30.457 - MUFG Bank, Ltd. (Hong Kong)
MUFG Bank, Ltd. (Singapura) 9.880 904 MUFG Bank, Ltd. (Singapore)
MUFG Bank, Ltd. (Jakarta) 4.866 9.753 MUFG Bank, Ltd. (Jakarta)
PT Zurich General Takaful Indonesia 438 - PT Zurich General Takaful Indonesia
Personil manajemen kunci dari Perseroan 42 87 Key management personnel of the Company
Personil manajemen kunci dari pihak Key management personnel of the other
berelasi lainnya 4 4 related parties
91.774
- 53.212
-
Persentase terhadap total liabilitas 0,44%
- 0,27%
- Percentage to total liabilities
* Tidak diaudit *Unaudited
95
554 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 557
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
37. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 37. BALANCES AND TRANSACTIONS WITH RELATED
BERELASI (lanjutan) PARTIES (continued)
Saldo dan transaksi dengan pihak berelasi adalah sebagai Balances and transactions with related parties are as
berikut: (lanjutan) follows: (continued)
j. Utang obligasi (lihat Catatan 19) j. Bonds payable (see Note 19)
2024 - 2023 -
Perusahaan induk: Parent company:
PT Bank Danamon Indonesia Tbk 70.600 49.650 PT Bank Danamon Indonesia Tbk
Pihak berelasi lainnya: Other related party:
PT Zurich Asuransi Indonesia Tbk 110.000 110.000 PT Zurich Asuransi Indonesia Tbk
Personil manajemen kunci dari Perseroan 3.200 6.000 Key management personnel of the Company
Personil manajemen kunci dari pihak Key management personnel of the other
berelasi lainnya 3.000 3.000 related parties
186.800
- 168.650
-
Persentase terhadap total liabilitas 0,89%
- 0,85%
- Percentage to total liabilities
k. Utang lain-lain (lihat Catatan 20) k. Other payables (see Note 20)
2024 - 2023 -
Pihak berelasi lainnya: Other related parties:
PT Zurich Asuransi Indonesia Tbk 647.897 719.170 PT Zurich Asuransi Indonesia Tbk
PT Zurich General Takaful Indonesia 28.237 43.400 PT Zurich General Takaful Indonesia
PT General Integrated Company 48 - PT General Integrated Company
Perusahaan induk: Parent company:
PT Bank Danamon Indonesia Tbk 33.641 29.193 PT Bank Danamon Indonesia Tbk
709.823
- 791.763
-
Persentase terhadap total liabilitas 3,37%
- 3,98%
- Percentage to total liabilities
l. Sukuk mudharabah (lihat Catatan 23) l. Sukuk mudharabah (see Note 23)
2024 - 2023 -
Pihak berelasi lainnya: Other related party:
PT Zurich General Takaful Indonesia 30.000
- -- PT Zurich General Takaful Indonesia
Persentase terhadap total liabilitas 0,14%
- 0,00%
- Percentage to total liabilities
m. Pendapatan pembiayaan konsumen m. Consumer financing income (see Note 28)
(lihat Catatan 28)
2024 - 2023 -
Personil manajemen kunci Key management personnels
dari Perseroan 392 243 of the Company
Personil manajemen kunci dari Key management personnel of
perusahaan induk 492 173 parent company
Personil manajemen kunci dari pihak Key management personnel of other
berelasi lainnya 8 20 related parties
892
- 436
-
Persentase terhadap total pendapatan 0,01%
- 0,00%
- Percentage to total income
* Tidak diaudit *Unaudited
96
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 555
Page 558
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
37. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 37. BALANCES AND TRANSACTIONS WITH RELATED
BERELASI (lanjutan) PARTIES (continued)
Saldo dan transaksi dengan pihak berelasi adalah sebagai Balances and transactions with related parties are as
berikut: (lanjutan) follows: (continued)
n. Marjin murabahah (lihat Catatan 29) n. Murabahah margin (see Note 29)
2024 - 2023 -
Personil manajemen kunci dari Key management personnel of
perusahaan induk 54 10 parent company
Personil manajemen kunci Key management personnels
dari Perseroan 1 5 of the Company
-55 -15
Persentase terhadap total pendapatan 0,00%
- 0,00%
- Percentage to total income
o. Pendapatan lain-lain (lihat Catatan 31) o. Other income (see Note 31)
2024 - 2023 -
Perusahaan induk: Parent company:
PT Bank Danamon Indonesia Tbk 6.939 7.528 PT Bank Danamon Indonesia Tbk
Pihak berelasi lainnya: Other related parties:
PT Zurich Asuransi Indonesia Tbk 63.759 64.458 PT Zurich Asuransi Indonesia Tbk
PT Zurich General Takaful Indonesia 4.631 1.558 PT Zurich General Takaful Indonesia
75.329
1 73.544
1
Persentase terhadap total pendapatan 0,75%
- 0,77%
- Percentage to total income
p. Beban gaji dan tunjangan (lihat Catatan 32) p. Salaries and benefits expenses (see Note 32)
2024 - 2023 -
Personil manajemen kunci dari Perseroan: Key management personnel of the Company:
Imbalan kerja jangka pendek 134.901 164.321 Short-term employees' benefits
Imbalan pasca-kerja 5.984 (1.844) Post-employment benefits
Imbalan kerja jangka-panjang lainnya 847 2.552 Other long-term employees' benefits
Pesangon pemutusan kontrak kerja 3.754 - Termination benefits
145.486
- 165.029
-
Persentase terhadap total beban 1,77%
- 2,35%
- Percentage to total expenses
q. Beban bunga dan keuangan (lihat Catatan 33) q. Interest expense and financing charges
(see Note 33)
2024 - 2023 -
Perusahaan induk: Parent company:
PT Bank Danamon Indonesia Tbk 35.023 54.222 PT Bank Danamon Indonesia Tbk
Pihak berelasi lainnya: Other related parties:
MUFG Bank, Ltd. (Hong Kong) 189.843 - MUFG Bank, Ltd. (Hong Kong)
MUFG Bank, Ltd. (Singapura) 84.663 904 MUFG Bank, Ltd. (Singapore)
MUFG Bank, Ltd. (Jakarta) 58.556 97.640 MUFG Bank, Ltd. (Jakarta)
PT Zurich Asuransi Indonesia Tbk 6.875 3.646 PT Zurich Asuransi Indonesia Tbk
Personil manajemen kunci dari Perseroan 284 447 Key management personnel of the Company
Personil manajemen kunci dari pihak berelasi Key management personnel of
lainnya 168 209 the other related parties
375.412
1 157.068
1
Persentase terhadap total beban 4,56%
1 2,23%
1 Percentage to total expenses
* Tidak diaudit *Unaudited
97
556 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 559
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
37. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 37. BALANCES AND TRANSACTIONS WITH RELATED
BERELASI (lanjutan) PARTIES (continued)
Saldo dan transaksi dengan pihak berelasi adalah sebagai Balances and transactions with related parties are as
berikut: (lanjutan) follows: (continued)
r. Bagi hasil sukuk mudharabah r. Revenue sharing for mudharabah bonds
2024 - 2023 -
Pihak berelasi lainnya: Other related parties:
PT Zurich General Takaful Indonesia 1.875
1 - 1 PT Zurich General Takaful Indonesia
Persentase terhadap total beban 0,02%
1 0,00%
1 Percentage to total expenses
s. Penyisihan/(pemulihan) kerugian penurunan nilai s. Provision/(reversal) for impairment losses on
piutang pembiayaan konsumen (lihat Catatan 5) consumer financing receivables (see Note 5)
2024 - 2023 -
Personil manajemen kunci dari Key management personnel of
Perseroan (41) 57 the Company
Personil manajemen kunci dari Key management personnel of
perusahaan induk 2 9 parent company
Personil manajemen kunci dari Key management personnels of the
pihak berelasi lainnya - (1) other related parties
(39)
- -65
Persentase terhadap total beban 0,00%
- 0,00%
- Percentage to total expenses
t. Penyisihan/(pemulihan) kerugian penurunan nilai t. Provision/(reversal) for impairment losses on
piutang pembiayaan murabahah (lihat Catatan 6) murabahah financing receivables (see Note 6)
2024 - 2023 -
Personil manajemen kunci dari Key management personnel of
perusahaan induk 26 6 parent company
Personil manajemen kunci dari Key management personnel of
Perseroan - (2) the Company
-26 4-
Persentase terhadap total beban 0,00%
- 0,00%
- Percentage to total expenses
u. Beban umum dan administrasi (lihat Catatan 34) u. General and administrative expenses (see Note 34)
2024 - 2023 -
Pihak berelasi lainnya: Other related party:
PT Zurich Asuransi Indonesia Tbk 1.850
- 2.197
- PT Zurich Asuransi Indonesia Tbk
Persentase terhadap total beban 0,02%
1 0,03%
1 Percentage to total expenses
* Tidak diaudit *Unaudited
98
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 557
Page 560
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
37. SALDO DAN TRANSAKSI DENGAN PIHAK-PIHAK 37. BALANCES AND TRANSACTIONS WITH RELATED
BERELASI (lanjutan) PARTIES (continued)
Saldo dan transaksi dengan pihak berelasi adalah sebagai Balances and transactions with related parties are as
berikut: (lanjutan) follows: (continued)
v. Premi asuransi terkait pembiayaan kepada PT Zurich v. Insurance premiums related to financing to PT Zurich
Asuransi Indonesia Tbk pada tahun 2024 sebesar Asuransi Indonesia Tbk in 2024 amounted to
Rp1.077.496 (2023: Rp1.243.816). Perseroan Rp1,077,496 (2023: Rp1,243,816). The Company
memperoleh komisi, sponsorship dan lainnya dari PT earned commission, sponsorship and others from PT
Zurich Asuransi Indonesia Tbk pada tahun 2024 sebesar Zurich Asuransi Indonesia Tbk for in 2024 amounted to
Rp375.375 (2023: Rp422.484). Rp375,375 (2023: Rp422,484).
w. Premi asuransi terkait pembiayaan kepada PT Zurich w. Insurance premiums related to financing to PT Zurich
General Takaful Indonesia pada tahun 2024 sebesar General Takaful Indonesia in 2024 amounted to
Rp330.402 (2023: Rp379.990). Perseroan memperoleh Rp330,402 (2023: Rp379,990). The Company earned
komisi dari PT Zurich General Takaful Indonesia pada commission from PT Zurich General Takaful Indonesia
tahun 2024 sebesar Rp111.605 (2023: Rp121.198). in 2024 amounted to Rp111,605 (2023: Rp121,198).
38. MANAJEMEN RISIKO KEUANGAN 38. FINANCIAL RISK MANAGEMENT
Pendahuluan dan gambaran umum Introduction and overview
Perseroan memiliki eksposur terhadap risiko-risiko atas The Company has exposure to the following risks from
instrumen keuangan sebagai berikut: financial instruments:
• Risiko pasar • Market risk
• Risiko kredit • Credit risk
• Risiko likuiditas • Liquidity risk
• Risiko operasional • Operational risk
Kerangka manajemen risiko Risk management framework
Mengingat bahwa penerapan praktik manajemen risiko yang Considering that implementation of good risk management
baik dapat mendukung kinerja dari perusahaan pembiayaan, practices could support the performance of a finance
maka manajemen risiko selalu menjadi elemen pendukung company, risk management would always be an important
penting bagi Perseroan dalam menjalankan bisnisnya. supporting element for the Company in conducting its
Sasaran dan tujuan utama dari diterapkannya praktik business. The target and main purpose of the implementation
manajemen risiko di Perseroan adalah untuk menjaga dan of risk management practices in the Company is to maintain
melindungi Perseroan melalui pengelolaan risiko kerugian and protect the Company through managing the risk of losses
yang mungkin timbul dari berbagai aktivitasnya serta which could arise from its various activities as well as
menjaga tingkat risiko agar sesuai dengan arahan yang maintaining risk level in order to match with the direction
ditetapkan oleh Perseroan. established by the Company.
Nilai-nilai kepatuhan terhadap peraturan yang ada dan The values of compliance to the existing and prevailing
berlaku harus dibudayakan dan melekat pada semua regulations should be cultivated and embedded into all
karyawan Perseroan yang dipimpin oleh jajaran manajemen employees of the Company, led by the management of the
Perseroan. Infrastruktur risiko dibangun melalui tersedianya Company. Risk infrastructure is built through the availability
kebijakan dan proses yang tepat dan sesuai dengan kondisi of appropriate policies and processes which are in line with
terkini, pengembangan sistem dan database risiko yang current conditions, continuous development of systems and
berkelanjutan, serta teknik dan metodologi pengelolaan yang risk database, as well as modern management techniques
modern. Membangun proses dan kemampuan risiko yang and methodologies. Building strong and healthy processes as
sehat dan kuat adalah sebuah pengkajian yang well as risk capabilities is a continuous assessment on
berkesinambungan terhadap tujuan penanganan risiko serta objectives of risks handling as well as various activities
berbagai aktivitas yang menyangkut penanganan risiko, involving risks handling, such as identification, measurement,
seperti identifikasi, pengukuran, pemantauan dan monitoring and controlling risk.
pengendalian risiko.
* Tidak diaudit *Unaudited
99
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Kerangka manajemen risiko (lanjutan) Risk management framework (continued)
Fungsi manajemen risiko juga berkewajiban untuk menjaga Risk management function is also obliged to maintain the
arahan risiko yang dapat diterima dan disetujui oleh Dewan direction of risk that is acceptable and approved by the
Komisaris dan Direksi dengan tetap berpedoman dan Boards of Commissioners and Directors so that it would
mampu menyesuaikan diri dengan perkembangan usaha. remain guided and capable of adapting with business
Terkait dengan “Penerapan Manajemen Risiko secara development. Related to the "Implementation of
Konsolidasi bagi Bank yang Melakukan Pengendalian Consolidated Risk Management for Banks Performing
terhadap Perusahaan Anak”, dilaksanakan Perseroan dalam Control on Subsidiary Companies", is implemented by the
kapasitasnya sebagai Entitas Anak dari PT Bank Danamon Company in its capacity as the Subsidiary of PT Bank
Indonesia Tbk, pemegang saham pengendali Perseroan. Danamon Indonesia Tbk, the controlling shareholder of the
Aktivitas ini mengacu kepada Peraturan Otoritas Jasa Company. This activity refers to Financial Services Authority
Keuangan (POJK) No. 38/POJK.03/2017 tertanggal Regulation (POJK) No. 38/POJK.03/2017 dated 12 July 2017
12 Juli 2017 dan No. 63/POJK.03/2020 tertanggal and No. 63/POJK.03/2020 dated 22 December 2020, in
22 Desember 2020, yang mana penerapan manajemen risiko which the implementation of Company’s risk management is
Perseroan merupakan pendekatan terpadu dan konsisten an integrated and consistent approach in conducting review,
dalam melakukan penelaahan, pengukuran, pemantauan measurement, monitoring and management of risks to the
dan pengelolaan risiko terhadap seluruh komponen entire components of the Company’s group. This matter has
kelompok Perseroan. Hal ini juga dipertegas oleh POJK No. already been emphasised by POJK No. 17/POJK.03/2014
17/POJK.03/2014 dan Surat Edaran Otoritas Jasa Keuangan and Circular Letter fo Financial Services Authority (SEOJK)
(SEOJK) No.14/SEOJK.03/2015 mengenai penerapan No.14/SEOJK.03/2015 regarding the implementation of
manajemen risiko terintegrasi bagi konglomerasi keuangan, integrated risk management for financial conglomerates, and
serta POJK No. 45/POJK.03/2020 mengenai konglomerasi POJK No. 45/POJK.03/2020 regarding financial
keuangan. Lebih lanjut, kemitraan antara Perseroan dengan conglomeration. Furthermore, the partnership between the
Perusahaan Induk merupakan hal yang sangat penting, Company and its Parent Company is an important matter,
mengingat keduanya menghadapi tantangan regional dan considering both companies face the same regional and
global yang sama dalam mengelola pertumbuhan bisnis yang global challenges in managing rapid business growth and
cepat dan dalam suasana kompetisi yang ketat, namun pada intense competition atmosphere; however, at the same time
saat yang bersamaan Perseroan harus tetap mampu the Company must remain capable of conducting the
menyelenggarakan praktik bisnis tersebut berdasarkan dan business practices, based upon and in reference to the
mengacu kepada prinsip kehati-hatian. prudence principle.
Sebagai Perseroan yang bergerak di bidang pembiayaan, As a company engaged in financing activities, the Company’s
manajemen Perseroan memiliki komitmen penuh untuk management is fully committed to implement risk
menerapkan manajemen risiko secara komprehensif yang management comprehensively, which essentially covers the
secara esensi mencakup kecukupan kebijakan, prosedur adequacy of policies, procedures and risk management
dan metodologi pengelolaan risiko sehingga kegiatan usaha methodology; hence, the Company's business activities
Perseroan tetap dapat terarah dan terkendali pada batasan could remain directed and controlled at an acceptable risk
risiko yang dapat diterima, serta tetap menguntungkan limit, at the same time the Company can still be profitable.
Perseroan. Direktorat Manajemen Risiko yang berperan Risk Management Directorate is playing an active role in
secara aktif dalam mengkoordinasikan tindakan-tindakan coordinating preventive, proactive and responsive actions
pencegahan, proaktif dan responsif dengan seluruh with all employees from various levels within the Company in
karyawan dari berbagai tingkatan yang ada di dalam order to support the implementation of risk management,
Perseroan untuk mendukung penerapan manajemen risiko because all divisions of the Company will play their
ini, karena semua bagian di dalam Perseroan masing-masing respective important roles.
akan memainkan peranan penting.
* Tidak diaudit *Unaudited
100
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 559
Page 562
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Kerangka manajemen risiko (lanjutan) Risk management framework (continued)
Dalam penerapan manajemen risiko, Perseroan menyadari In the implementation of risk management, the Company
pentingnya untuk memiliki sebuah mekanisme yang realises the importance of having an adequate mechanism to
memadai dalam mengakomodasi risiko-risiko yang dihadapi accommodate the risks faced by the Company. The
oleh Perseroan. Perseroan memiliki suatu mekanisme yang Company has a mechanism that is based upon 4 (four) risk
bertumpu pada 4 (empat) pilar manajemen risiko, yang dapat management pillars,which could be described as follows:
diuraikan sebagai berikut:
Pilar 1: Pengawasan Aktif Dewan Komisaris dan Direksi Pillar 1: Active Supervision by Boards of
Commissioners and Directors
Pengawasan aktif tersebut tercermin sejak perencanaan Active supervision is reflected since the planning of annual
bisnis tahunan, yang mencakup: business plan, which includes:
• Menyetujui dan melakukan evaluasi kebijakan manajemen • Approving and evaluating risk management policies on
risiko secara berkala; a regular basis;
• Melakukan evaluasi dan menyetujui aktivitas yang • Evaluating and approving activities that require approval
memerlukan persetujuan dari Dewan Komisaris atau from the Board of Commissioners or Board of Directors;
Direksi; • Establishing risk management policies and strategies,
• Menetapkan kebijakan dan strategi manajemen risiko which include determining the authorisation in limits and
termasuk penetapan otoritas dalam pemberian batasan reviewing the quality of portfolio on a regular basis;
serta tinjauan atas kualitas portofolio secara berkala; • The presence of the Audit Committee and Risk
• Terdapatnya Komite Audit dan Komite Pemantau Risiko Monitoring Committee as an organ of the Board of
sebagai organ Dewan Komisaris dalam melaksanakan Commissioners in carrying out their supervisory
fungsi pengawasannya; dan functions; and
• Establishing committees in relation to the
• Membentuk komite yang terkait dengan penerapan implementation of risk management, i.e. the Risk
manajemen risiko, yaitu Komite Manajemen Risiko. Management Committee.
Kerangka konsolidasi manajemen risiko dengan Perusahaan The consolidated risk management framework with Parent
Induk dibentuk dengan menempatkan wakil dari Perusahaan Company is established through placing representatives
Induk dalam jajaran Dewan Komisaris Perseroan. Kerangka from Parent Company in the Board of Commissioners. The
tersebut juga dilaksanakan melalui pemeriksaan kinerja framework is also implemented through regular performance
secara berkala oleh Perusahaan Induk terhadap Perseroan, assessment by the Parent Company on the Company,
menyangkut kinerja keuangan, pengawasan sistem concerning the financial performance, monitoring on
informasi akuntansi, serta tingkat kesehatan dan profil risiko accounting information system, as well as the level of
dari piutang pembiayaan. soundness and risk profile of the Company’s financing
receivables.
Pilar 2: Kecukupan Kebijakan dan Prosedur Manajemen Pillar 2: Risk Management Policy and Procedures, and
Risiko serta Penetapan Limit Manajemen Risiko Limit Setup
Perseroan menyusun kebijakan-kebijakan terkait The Company develops policies related to risk
manajemen risiko yang diperiksa secara berkala dan selalu management, which are assessed periodically and aligned
disesuaikan dengan keadaan usaha terkini. Kebijakan constantly to fit the most recent business situation. The
tersebut diterjemahkan ke dalam Prosedur Operasi Standar policy is translated into Standard Operating Procedures and
dan Memo Internal yang disosialisasikan kepada seluruh Internal Memo, which are being socialised to all employees.
karyawan. Perseroan juga memiliki kebijakan-kebijakan The Company also has policies regarding limitation on
mengenai batasan persetujuan/otorisasi untuk transaksi approval/authorisation for both credit and non-credit
kredit maupun yang bukan transaksi kredit. transactions.
Kerangka konsolidasi manajemen risiko dengan Perusahaan The consolidated risk management framework with Parent
Induk terselenggara mengingat Perseroan mendapatkan Company is established as the Company obtains approval
persetujuan dari Perusahaan Induk untuk pengajuan batasan from Parent Company for proposal of new limits and for new
baru maupun atas program kredit untuk produk baru (jika product credit programs (if any). The Company’s policy in
ada). Kebijakan cadangan kerugian penurunan nilai piutang relation with allowance for impairment losses on receivables
Perseroan juga mengikuti kebijakan penyisihan pada should also follow the Parent Company's policy, which is in
Perusahaan Induk yang sejalan dan patuh terhadap Standar line and in compliance with Indonesian Financial Accounting
Akuntansi Keuangan di Indonesia. Standards.
* Tidak diaudit *Unaudited
101
560 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 563
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Kerangka manajemen risiko (lanjutan) Risk management framework (continued)
Dalam penerapan manajemen risiko, Perseroan menyadari In the implementation of risk management, the Company
pentingnya untuk memiliki sebuah mekanisme yang realises the importance of having an adequate mechanism to
memadai dalam mengakomodasi risiko-risiko yang dihadapi accommodate the risks faced by the Company. The
oleh Perseroan. Perseroan memiliki suatu mekanisme yang Company has a mechanism that is based upon 4 (four) risk
bertumpu pada 4 (empat) pilar manajemen risiko, yang dapat management pillars,which could be described as follows:
diuraikan sebagai berikut: (lanjutan) (continued)
Pilar 3: Kecukupan Proses Identifikasi, Pengukuran, Pillar 3: Risk Identification, Measurement, Control and
Pengendalian dan Pemantauan Risiko, serta Sistem Monitoring, and Risk Management Information System
Informasi Manajemen Risiko
Perseroan memiliki perangkat untuk mengidentifikasi, The Company has a set of tools to identify, measure and
mengukur dan mengawasi risiko terutama risiko kredit dan monitor risks, especially credit risk and operational risk
risiko operasional melalui mekanisme pelaporan dan sistem through the existing reporting and management information
informasi manajemen yang ada serta melalui pertemuan system mechanism, as well as through the regular meetings
berkala Komite Audit dan Komite Pemantau Risiko of the Company’s Audit and Risk Monitoring Committee. In
Perseroan. Selain itu, sistem teknologi informasi utama addition, the Company’s major information technology
Perseroan mampu menyediakan data/informasi secara cepat system is capable of providing data/information instantly and
dan akurat kepada pihak Manajemen, Perusahaan Induk accurately for the Management, Parent Company or other
atau pihak ketiga yang terkait lainnya. related third parties.
Kerangka konsolidasi manajemen risiko dengan Perusahaan The consolidated risk management framework with Parent
Induk terlaksana melalui penyampaian paparan risiko Company is conducted through the reporting of the
Perseroan yang ada secara berkala kepada Komite Company's risk exposure periodically to the Parent
Manajemen Risiko Perusahaan Induk, termasuk Company’s Risk Management Committee, including the
penyampaian laporan berkala terkait aspek kepatuhan, periodic reporting in relation to the compliance, legal and
hukum dan lainnya kepada Perusahaan Induk. other aspects to the Parent Company.
Pilar 4: Sistem Pengendalian Internal yang Menyeluruh Pillar 4: Comprehensive Internal Control System
Perseroan memiliki Divisi Audit Internal yang secara The Company has an Internal Audit Division which
independen melaporkan proses dan hasil pemeriksaannya independently reports on the process and results of
kepada Dewan Komisaris dan Direktur Utama. Akuntabilitas assessment to the Board of Commissioners and President
dari Divisi Audit Internal mencakup: Director. The accountability of the Internal Audit Division
includes:
• Menyediakan penilaian atas kecukupan dan efektivitas • Providing assessment on the adequacy and
dari semua proses yang ada di dalam Perseroan; effectiveness of all existing processes within the
Company;
• Melaporkan masalah-masalah penting yang terkait • Reporting on important issues related to the control
dengan proses pengendalian aktivitas-aktivitas di dalam process of activities within the Company, including
Perseroan, termasuk perbaikan yang potensial terhadap potential improvements to these processes; and
proses-proses tersebut; dan
• Koordinasi dengan fungsi pengendali dan pengawasan • Coordinating with other controlling and supervisory
lainnya (manajemen risiko, kepatuhan, hukum dan audit functions (risk management, compliance, legal and
eksternal). external audit).
Kerangka konsolidasi manajemen risiko dengan Perusahaan The consolidated risk management framework with Parent
Induk juga dicerminkan dengan dilaksanakannya audit Company is also reflected in the implementation of regular
reguler/audit Teknologi Informasi/audit terintegrasi atas unit- audit/Information Technology audit/integrated audit on the
unit di Perseroan oleh Satuan Kerja Audit Internal (SKAI) business units in the Company by Parent Company’s Internal
Perusahaan Induk. Audit Unit (SKAI).
Risiko pasar Market risk
Risiko pasar merupakan risiko yang terutama disebabkan Market risk is the risk which is primarily caused by the
karena perubahan tingkat suku bunga dan nilai tukar mata changes in interest rates and exchange rate of Rupiah
uang Rupiah, yang dapat membawa risiko bagi Perseroan. currency, which could bring exposure to the Company. In the
Dalam perencanaan usaha Perseroan, risiko pasar yang Company's business planning, market risk with direct impact
memiliki dampak langsung kepada Perseroan adalah dalam to the Company is in terms of interest rates management.
hal pengelolaan tingkat bunga.
* Tidak diaudit *Unaudited
102
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 561
Page 564
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
Perubahan tingkat bunga acuan akan menjadi risiko pada Changes in interest rates would become a risk at the point of
saat perubahannya, terutama ketika tingkat bunga dinaikkan, change, especially when the interest rate is raised, which
yang menyebabkan kerugian bagi Perseroan. Untuk itu, would cause losses to the Company. Therefore, the
Perseroan menerapkan pengelolaan tingkat bunga tetap Company consistently implements fixed interest rate
secara konsisten dengan menyesuaikan tingkat bunga kredit management by doing adjustment on lending interest rate
terhadap tingkat bunga pinjaman dan beban dana. and cost of funds.
Sumber pendanaan Perseroan berasal dari skema Source of funding for the Company is from joint financing
pembiayaan bersama dengan PT Bank Danamon Indonesia scheme with PT Bank Danamon Indonesia Tbk, as well as
Tbk, pinjaman dalam negeri serta pinjaman dari luar negeri. from on-shore and off-shore loans.
Salah satu sumber pendanaan Perseroan berasal dari skema One of the Company’s sources of funding is from joint
pembiayaan bersama dengan PT Bank Danamon Indonesia financing scheme with PT Bank Danamon Indonesia Tbk,
Tbk, dengan tingkat bunga tetap dan jangka waktu yang with fixed interest rate and matching period with the
sama dengan piutang pembiayaan konsumen dan piutang consumer financing receivable and murabahah financing
pembiayaan murabahah. receivable.
Pinjaman dalam negeri sebagian besar dilakukan dalam Most of on-shore loans are in the form of bonds and
bentuk obligasi dan sukuk mudharabah dengan tingkat suku mudharabah bonds with fixed interest rate/revenue sharing.
bunga/bagi hasil yang tetap. Di samping itu, Perseroan juga In addition, the Company also acquires direct loans from
mendapat pinjaman secara langsung dari bank dalam negeri. domestic banks.
Perseroan memiliki pinjaman luar negeri dalam mata uang The Company has off-shore loans in foreign currency and the
asing, dalam hal ini Perseroan sudah melakukan antisipasi Company has already anticipated the currency risk by
terhadap risiko nilai tukar, dengan telah menetapkan implementing hedging policy for loans in foreign currency.
kebijakan lindung nilai untuk pinjaman yang diterima dalam
mata uang asing.
Pada tanggal 31 Desember 2024, Perseroan memiliki As of 31 December 2024, the Company has financial
liabilitas keuangan dalam mata uang asing berupa pinjaman liabilities denominated in foreign currency for borrowings
yang diterima sebesar USD255.000.000 dan amounting to USD255,000,000 and JPY10,320,084,000
JPY10.320.084.000 (2023: JPY2.160.000.000) (nilai penuh) (JPY2,160,000,000) (full amount) or equivalent to
atau setara dengan Rp5.167.503 (2023: 235.181) yang telah Rp5,167,503 (2023: Rp235,181) which was hedged by
dilindung nilai melalui instrument derivative seperti kontrak derivative instruments such as cross currency swap
cross currency swap (lihat Catatan 10, 17, dan 41).
contracts (see Notes 10, 17 and 41).
Dengan pola aktivitas usaha yang dijalankan Perseroan saat With the pattern of business activity currently operated by the
ini, risiko pasar Perseroan adalah minimal. Perseroan tidak Company, the market risk of the Company is minimal. The
mempunyai kegiatan usaha pembiayaan konsumen dalam Company does not have consumer financing transaction in
mata uang asing. foreign currency.
* Tidak diaudit *Unaudited
103
562 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 565
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
Tabel berikut menggambarkan rincian aset dan liabilitas The following table summarises the Company’s financial
keuangan Perseroan yang terdampak perubahan tingkat assets and liabilities that are affected by changes in interest
suku bunga dan dikelompokkan menurut mana yang lebih rates and categorised by the earlier of repricing or installment
awal antara tanggal repricing atau tanggal jatuh tempo due dates to see the impact of changes in interest rates:
angsuran untuk melihat dampak perubahan tingkat suku
bunga:
2024 -
Tingkat bunga mengambang/ Tingkat bunga tetap/
Floating rate - Fixed rate -
< 3 bulan/ 3-36 bulan/ < 3 bulan/ 3-12 bulan/ 1-2 tahun/ > 2 tahun/ Jumlah/
months - months - months - months - years - years - Total -
Aset keuangan Financial assets
Kas di bank 1.436.356 - - - - - 1.436.356 Cash in banks
Piutang pembiayaan Consumer financing
konsumen - neto - - 3.028.236 6.827.819 6.012.215 4.281.856 20.150.126 receivables - net
Piutang pembiayaan Murabahah financing
murabahah - neto - - 734.488 1.714.662 1.648.834 1.453.938 5.551.922 receivables - net
Piutang sewa Finance leases
pembiayaan - neto - - 444.001 828.866 667.531 295.001 2.235.399 receivables - net
1.436.356 - 4.206.725 9.371.347 8.328.580 6.030.795 29.373.803
Liabilitas keuangan Financial liabilities
Pinjaman yang diterima 402.375 3.701.850 1.852.581 3.226.860 1.355.168 126.632 10.665.466 Borrowings
Sukuk mudharabah - - 49.000 338.980 189.730 254.120 831.830 Mudharabah bonds
Utang obligasi - - 829.787 1.861.220 793.583 2.893.240 6.377.830 Bonds payable
402.375 3.701.850 2.731.368 5.427.060 2.338.481 3.273.992 17.875.126
Dampak dari derivatif
untuk tujuan manajemen Effect of derivative held
risiko (402.375) (3.701.850) 402.375 1.207.125 1.609.500 885.225 - for risk management
1.436.356
- -- 1.072.982
- 2.737.162
- 4.380.599
- 1.871.578
- 11.498.677
-
2023 -
Tingkat bunga mengambang/ Tingkat bunga tetap/
Floating rate - Fixed rate 1
< 3 bulan/ 3-36 bulan/ < 3 bulan/ 3-12 bulan/ 1-2 tahun/ > 2 tahun/ Jumlah/
months - months - months - months - years - years - Total -
Aset keuangan Financial assets
Kas di bank 1.307.116 - - - - - 1.307.116 Cash in banks
Piutang pembiayaan Consumer financing
konsumen - neto - - 2.985.036 6.724.899 6.209.351 4.761.343 20.680.629 receivables - net
Piutang pembiayaan Murabahah financing
murabahah - neto - - 684.646 1.600.292 1.663.135 1.571.989 5.520.062 receivables - net
Piutang sewa Finance leases
pembiayaan - neto - - 232.316 551.838 435.946 224.200 1.444.300 receivables - net
1.307.116 - 3.901.998 8.877.029 8.308.432 6.557.532 28.952.107
Liabilitas keuangan Financial liabilities
Pinjaman yang diterima - - 1.929.182 3.575.808 2.957.164 850.818 9.312.972 Borrowings
Sukuk mudharabah - - 32.000 395.170 49.000 382.830 859.000 Mudharabah bonds
Utang obligasi - - 327.985 2.774.395 828.845 1.953.881 5.885.106 Bonds payable
- - 2.289.167 6.745.373 3.835.009 3.187.529 16.057.078
1.307.116
- -- 1.612.831
- 2.131.656
- 4.473.423
- 3.370.003
- 12.895.029
-
* Tidak diaudit *Unaudited
104
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 563
Page 566
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko pasar (lanjutan) Market risk (continued)
Analisis sensitivitas Sensitivity analysis
Manajemen risiko tingkat suku bunga terhadap limit The management of interest rate risk against interest rate
perubahan tingkat suku bunga dilengkapi dengan gap limits is supplemented by monitoring the sensitivity of the
pemantauan atas sensitivitas aset dan liabilitas keuangan Company’s financial assets and liabilities to various standard
Perseroan terhadap beberapa skenario suku bunga baku and non-standard interest rate scenarios. Standard
maupun non-baku. Skenario baku yang dilakukan setiap scenarios that are considered on a monthly basis include
bulan mencakup analisis kenaikan atau penurunan kurva a 100 basis point (bp) parallel rise or fall in all yield curves.
imbal hasil sebesar 100 basis poin (bp).
Tabel berikut menunjukkan sensitivitas atas kemungkinan The following table demonstrates the sensitivity to
perubahan tingkat suku bunga pasar, dengan variabel lain a reasonably possible change in market interest rates, with
dianggap konstan, terhadap pendapatan pembiayaan neto: all other variables held constant, of the net financing income:
2024 - 2023 -
Kenaikan suku bunga dalam 100 basis poin 285.679 260.157 Increase in interest rate in 100 basis point
Penurunan suku bunga dalam 100 basis poin (285.679) (260.157) Decrease in interest rate in 100 basis point
Tabel berikut menunjukkan sensitivitas atas kemungkinan The following table demonstrates the sensitivity to
perubahan tingkat suku bunga pasar, dengan variabel lain a reasonably possible change in market interest rates, with
dianggap konstan, terhadap beban bunga dan keuangan: all other variables held constant, of the interest expense and
financing charges:
2024 - 2023 -
Kenaikan suku bunga dalam 100 basis poin 155.971 142.149 Increase in interest rate in 100 basis point
Penurunan suku bunga dalam 100 basis poin (155.971) (142.149) Decrease in interest rate in 100 basis point
Risiko kredit Credit risk
Risiko kredit merupakan risiko utama karena Perseroan Credit risk is a major risk because the Company is engaged
bergerak dalam bidang pembiayaan konsumen, dimana in the consumer financing activity, in which the Company
Perseroan menawarkan kredit kepada masyarakat yang offers credit to public who would like to own motor vehicle,
hendak memiliki kendaraan bermotor, barang durable, durable goods, and heavy equipment. Directly, the Company
maupun alat berat. Secara langsung, Perseroan menghadapi faces risks when consumers are not able to fulfill their
risiko seandainya konsumen tidak mampu memenuhi obligations in paying off loans already agreed upon in the
kewajibannya dalam melunasi kredit sesuai dengan contract between consumers and the Company.
perjanjian yang telah disepakati antara konsumen dengan
Perseroan.
Perseroan secara berkala melakukan identifikasi dan The Company periodically performs the identification and risk
pengukuran risiko kredit berdasarkan indikator-indikator yang measurement of credit risk based on the indicators relevant
relevan terhadap Perseroan serta selalu mengembangkan to the Company and continuously develops indicators of
indikator pengukuran risiko kredit sehingga risiko kredit dapat measuring credit risk to ensure that credit risk can be
terukur lebih tajam dan akurat. Perseroan juga senantiasa measured in a more sharp and accurate manner. The
memantau penerapan kebijakan kredit yang berlaku dan Company monitors the implementation of credit policies and
melakukan perubahan-perubahan yang diperlukan, sesuai performs adjustments as needed, in accordance with current
dengan kondisi yang sekarang dan akan dihadapi oleh and future conditions to be faced by the Company. The
Perseroan. Perseroan telah memiliki kebijakan dalam Company has a policy in encountering credit risk, namely
menghadapi risiko kredit, yakni dimulai dari proses awal starting from the initial receipt of credit application which is
penerimaan aplikasi kredit yang selektif dan ditangani handled with prudent principles, then going through survey
dengan prinsip kehati-hatian, yang mana aplikasi kredit akan and credit analysis processes by the Credit Committee.
melalui proses survei dan analisa kredit oleh Komite Kredit.
* Tidak diaudit *Unaudited
105
564 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 567
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Perseroan juga menerapkan Pedoman Penerapan Prinsip The Company also implements the Manual for
Mengenal Nasabah yang diatur oleh POJK Implementation of Know Your Customer Principles as
No. 8 Tahun 2023 tentang Penerapan Program Anti regulated in POJK No. 8 Year 2023 about Implementation of
Pencucian Uang, Pencegahan Pendanaan Terorisme dan Anti Money Laundering, Counter Terrorism Financing
Pencegahan Pendanaan Proliferasi Senjata Pemusnah Program and Counter-Proliferation Financing of Weapons of
Massal di Sektor Jasa Keuangan dan SEOJK Mass Destruction in Financial Services Sector, and SEOJK
No. 37/SEOJK.05/2017 tentang Pedoman Penerapan No. 37/SEOJK.05/2017 about Guidelines for Implementation
Program Anti Pencucian Uang dan Pencegahan Pendanaan of Anti Money Laundering and Counter Terrorism Financing
Terorisme di Sektor Industri Keuangan Non Bank. Program in the Non Bank Financial Industry Sector.
Untuk setiap kategori aset keuangan, Perseroan harus For each financial asset category, the Company should
mengungkapkan eksposur maksimum terhadap risiko kredit disclose maximum exposure to credit risk and concentration
dan analisa konsentrasi risiko kredit. of credit risk analysis.
i. Eksposur maksimum terhadap risiko kredit i. Maximum exposure to credit risk
Eksposur Perseroan terhadap risiko kredit terutama The Company’s exposure to credit risk mainly comes
berasal dari piutang pembiayaan konsumen, piutang from the consumer financing receivables, murabahah
pembiayaan murabahah dan piutang sewa pembiayaan, financing receivables and finance lease receivables, of
dimana eksposur maksimum terhadap risiko kredit sama which the maximum exposure to credit risk equals to the
dengan nilai tercatat. carrying amounts.
ii. Analisis konsentrasi risiko kredit ii. Concentration of credit risk analysis
Konsentrasi risiko kredit timbul ketika sejumlah konsumen Concentrations of credit risk arise when a number of
bergerak dalam aktivitas usaha yang sama atau consumers are engaged in similar business activities or
melakukan aktivitas dalam wilayah geografis yang sama, activities within the same geographic region, or when
atau ketika mereka memiliki karakteristik yang sejenis they have similar characteristics that would cause their
yang akan menyebabkan kemampuan untuk memenuhi ability to meet contractual obligations to be similarly
kewajiban kontraktualnya sama-sama dipengaruhi oleh affected by changes in economic or other conditions.
perubahan kondisi ekonomi atau yang lainnya.
Perseroan bergerak di bidang usaha pembiayaan The Company is currently engaged in consumer
konsumen yang pelanggannya kebanyakan adalah financing business which the consumers are mainly
individu dan tidak terkonsentrasi pada wilayah geografis individuals and they are not concentrated in any specific
tertentu. geographic region.
Tabel berikut menggambarkan jumlah risiko kredit dan The following table sets out the total credit risk and risk
konsentrasi risiko atas piutang pembiayaan konsumen, concentration of consumer financing receivables, murabahah
piutang pembiayaan murabahah dan piutang sewa financing receivables and finance lease receivables of the
pembiayaan yang dimiliki Perseroan: Company:
2024 - 2023 -
Piutang pembiayaan konsumen - neto Consumer financing receivables - net
Korporasi 756.105 893.692 Corporate
Ritel 19.394.021 19.786.937 Retail
20.150.126
- 20.680.629
-
Piutang pembiayaan murabahah - neto Murabahah financing receivables - net
Korporasi 191.123 160.682 Corporate
Ritel 5.360.799 5.359.380 Retail
5.551.922
- 5.520.062
-
Piutang sewa pembiayaan - neto Finance leases receivables - net
Korporasi 1.199.998 995.267 Corporate
Ritel 1.035.401 449.033 Retail
2.235.399
- 1.444.300
-
* Tidak diaudit *Unaudited
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Page 568
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Tabel di bawah ini menyajikan aset keuangan pada tanggal The following table presents the financial assets as of
31 Desember 2024 dan 2023 berdasarkan staging dan 31 December 2024 and 2023 based on staging and risk rate:
tingkat risiko:
2024 -
Tahap 1/ Tahap 2/ Tahap 3/ Non-graded/ Jumlah/
Stage 1- Stage 2- Stage 3- Non-graded
- Total -
Kas di bank Cash in banks
Grade 1-22: Risiko yang dapat
diterima 1.436.356 - - - 1.436.356 Grade 1-22: Acceptable risk
Piutang pembiayaan konsumen Consumer financing receivables
Grade 1-22: Risiko yang dapat
diterima 17.655.368 13.102 - - 17.668.470 Grade 1-22: Acceptable risk
Grade 23-25: Risiko tinggi 2.545.849 632.088 - - 3.177.937 Grade 23-25: High risk
Grade 26-28: Pembiayaan Grade 26-28: Non-performing
bermasalah - - 480.418 - 480.418 financing
20.201.217 645.190 480.418 - 21.326.825
Cadangan kerugian penurunan nilai (680.198) (145.906) (350.595) - (1.176.699) Allowance of impairment loss
Nilai tercatat - bersih 19.521.019 499.284 129.823 - 20.150.126 Carrying amount - net
Piutang sewa pembiayaan Finance leases receivables
Konvensional Conventional
Grade 1-22: Risiko yang dapat
diterima 1.300.960 782 - - 1.301.742 Grade 1-22: Acceptable risk
Grade 23-25: Risiko tinggi 217.851 22.224 - - 240.075 Grade 23-25: High risk
Grade 26-28: Pembiayaan Grade 26-28: Non-performing
bermasalah - - 7.334 - 7.334 financing
financing
1.518.811 23.006 7.334 - 1.549.151
Cadangan kerugian penurunan nilai (32.023) (4.833) (5.388) - (42.244) Allowance of impairment loss
1.486.788 18.173 1.946 - 1.506.907
Syariah - - - 728.492 728.492 Sharia
Nilai tercatat - bersih 1.486.788 18.173 1.946 728.492 2.235.399 Carrying amount - net
Aset derivatif Derivative assets
Grade 1-22: Risiko yang dapat
diterima 62.806 - - - 62.806 Grade 1-22: Acceptable risk
Aset keuangan tanpa peringkat: Non-graded financial assets:
Piutang klaim asuransi - - - 12.865 12.865 Insurance claim receivables
Piutang komisi asuransi - - - 42.063 42.063 Insurance commission receivables
Piutang karyawan - - - 103.050 103.050 Employee receivables
Investasi dalam saham - - - 396.870 396.870 Investment in shares
22.506.969
- 517.457
- 131.769
- 1.283.340
- 24.439.535
-
* Tidak diaudit *Unaudited
107
566 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 569
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Tabel di bawah ini menyajikan aset keuangan pada tanggal The following table presents the financial assets as of
31 Desember 2024 dan 2023 berdasarkan staging dan 31 December 2024 and 2023 based on staging and risk rate:
tingkat risiko: (lanjutan) (continued)
2023 -
Tahap 1/ Tahap 2/ Tahap 3/ Non-graded/ Jumlah/
Stage 1- Stage 2- Stage 3- Non-graded
- Total -
Kas di bank Cash in banks
Grade 1-22: Risiko yang dapat
diterima 1.307.116 - - - 1.307.116 Grade 1-22: Acceptable risk
Piutang pembiayaan konsumen Consumer financing receivables
Grade 1-22: Risiko yang dapat
diterima 17.613.797 21.809 - - 17.635.606 Grade 1-22: Acceptable risk
Grade 23-25: Risiko tinggi 3.193.104 633.039 - - 3.826.143 Grade 23-25: High risk
Grade 26-28: Pembiayaan Grade 26-28: Non-performing
bermasalah - - 489.470 - 489.470 financing
financing
20.806.901 654.848 489.470 - 21.951.219
Cadangan kerugian penurunan nilai (817.839) (154.022) (298.729) - (1.270.590) Allowance of impairment loss
Nilai tercatat - bersih 19.989.062 500.826 190.741 - 20.680.629 Carrying amount - net
Piutang sewa pembiayaan Finance leases receivables
Konvensional Conventional
Grade 1-22: Risiko yang dapat
diterima 969.195 144 - - 969.339 Grade 1-22: Acceptable risk
Grade 23-25: Risiko tinggi 264.844 25.039 - - 289.883 Grade 23-25: High risk
Grade 26-28: Pembiayaan Grade 26-28: Non-performing
bermasalah - - 4.141 - 4.141 financing
financing
1.234.039 25.183 4.141 - 1.263.363
Cadangan kerugian penurunan nilai (43.915) (4.641) (1.931) - (50.487) Allowance of impairment loss
1.190.124 20.542 2.210 - 1.212.876
Syariah - - - 231.424 231.424 Sharia
Nilai tercatat - bersih 1.190.124 20.542 2.210 231.424 1.444.300 Carrying amount - net
Aset derivatif Derivative assets
Grade 1-22: Risiko yang dapat
diterima 1.006 - - - 1.006 Grade 1-22: Acceptable risk
Aset keuangan tanpa peringkat: Non-graded financial assets:
Piutang klaim asuransi - - - 15.018 15.018 Insurance claim receivables
Piutang komisi asuransi - - - 60.815 60.815 Insurance commission receivables
Piutang karyawan - - - 103.253 103.253 Employee receivables
Investasi dalam saham - - - 386.360 386.360 Investment in shares
22.487.308
- 521.368
- 192.951
- 796.870
- 23.998.497
-
* Tidak diaudit *Unaudited
108
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Page 570
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Pada tanggal 31 Desember 2024 dan 2023, rincian kualitas As of 31 December 2024 and 2023, the quality of murabahah
piutang pembiayaan murabahah berdasarkan evaluasi financing receivable based on impairment assessment under
penurunan nilai PSAK 239 sebagai berikut: SFAS 239 as follows:
2024 -
Belum jatuh Jatuh tempo
tempo dan tidak tetapi tidak
mengalami mengalami
penurunan nilai/ penurunan nilai/ Mengalami
Neither past due Past due but penurunan nilai/ Jumlah/
nor impaired - non-impaired - Impaired - Total -
Piutang pembiayaan murabahah Murabahah financing receivables
Motor baru 1.985.135 503.095 58.378 2.546.608 New motorcycles
Motor bekas 85.679 33.782 4.216 123.677 Used motorcycles
Mobil baru 2.044.965 409.005 31.578 2.485.548 New cars
Mobil bekas 525.332 160.645 10.193 696.170 Used cars
Lainnya 23.375 10.007 3.270 36.652 Others
4.664.486 1.116.534 107.635 5.888.655
Cadangan kerugian penurunan nilai (256.665) (67.005) (13.063) (336.733) Allowance for impairment losses
4.664.486
1 1.116.534
1 107.635
1 5.551.922
-
2023 -
Belum jatuh Jatuh tempo
tempo dan tidak tetapi tidak
mengalami mengalami
penurunan nilai/ penurunan nilai/ Mengalami
Neither past due Past due but penurunan nilai/ Jumlah/
nor impaired - non-impaired - Impaired - Total -
Piutang pembiayaan murabahah Murabahah financing receivables
Motor baru 1.987.496 472.602 49.522 2.509.620 New motorcycles
Motor bekas 129.504 44.586 5.523 179.613 Used motorcycles
Mobil baru 1.967.501 322.518 20.434 2.310.453 New cars
Mobil bekas 553.369 165.616 10.529 729.514 Used cars
Lainnya 64.272 15.589 3.109 82.970 Others
4.702.142 1.020.911 89.117 5.812.170
Cadangan kerugian penurunan nilai (225.847) (55.600) (10.661) (292.108) Allowance for impairment losses
4.702.142
1 1.020.911 89.117
1 5.520.062
-
Sebagai jaminan atas piutang pembiayaan yang diberikan As collateral to the financing receivables of motor vehicles,
untuk kendaraan bermotor, Perseroan menerima jaminan the Company receives the Certificates of Ownership
dari konsumen berupa Bukti Pemilikan Kendaraan Bermotor (“BPKB”) of the motor vehicles financed by the Company.
(“BPKB”) atas kendaraan bermotor yang dibiayai Perseroan.
* Tidak diaudit *Unaudited
109
568 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 571
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Analisa umur piutang pembiayaan konsumen dan piutang An aging analysis of consumer financing receivables and
sewa pembiayaan yang telah jatuh tempo pada tahap 1 dan finance leases receivables that are past due on stage 1 and
2 pada tanggal 31 Desember 2024 dan 2023 sebagai berikut: 2 as of 31 December 2024 and 2023 are set out below:
2024
Motor baru/ Motor bekas/
New Used Mobil baru/ Mobil bekas/ Lainnya/
motorcycles
- motorcycles
- New cars- Used cars- Others - Jumlah/Total
-
Piutang pembiayaan Consumer financing
konsumen receivables
1-30 hari 1.381.280 179.018 935.017 447.553 767.700 3.710.568 1-30 days
30-60 hari 126.673 17.365 48.622 28.865 52.006 273.531 30-60 days
61-90 hari 88.976 11.560 48.336 19.614 31.411 199.897 61-90 days
1.596.929
1 207.943
1 1.031.975
1 496.032
1 851.117
1 4.183.996
1
Piutang sewa Finance lease
pembiayaan (konvensional) receivables (conventional)
1-30 hari 31 - 24.090 337 85.985 110.443 1-30 days
30-60 hari - - 5.257 117 2.570 7.944 30-60 days
61-90 hari - - - - 9.661 9.661 61-90 days
-31 - - 29.347
- 454
- 98.216
- 128.048
-
2023
Motor baru/ Motor bekas/
New Used Mobil baru/ Mobil bekas/ Lainnya/
motorcycles
- motorcycles
- New cars- Used cars- Others - Jumlah/Total
-
Piutang pembiayaan Consumer financing
konsumen receivables
1-30 hari 1.308.256 244.248 1.100.172 520.628 682.840 3.856.144 1-30 days
30-60 hari 93.074 18.226 49.879 28.570 40.898 230.647 30-60 days
61-90 hari 76.838 15.001 56.321 21.708 26.747 196.615 61-90 days
1.478.168
- 277.475
- 1.206.372
- 570.906
- 750.485
- 4.283.406
-
Piutang sewa Finance lease
pembiayaan (konvensional) receivables (conventional)
1-30 hari 81 - 28.506 2.749 62.694 94.030 1-30 days
30-60 hari 52 - 14.392 60 1.237 15.741 30-60 days
61-90 hari - - 3.058 274 1.389 4.721 61-90 days
133
- - - 45.956
- 3.083
- 65.320
- 114.492
-
* Tidak diaudit *Unaudited
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Page 572
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Analisa umur piutang pembiayaan murabahah yang telah An aging analysis of murabahah financing receivables that
jatuh tempo tetapi tidak mengalami penurunan nilai pada are past due but not impaired of 31 December 2024 and
tanggal 31 Desember 2024 dan 2023 adalah sebagai berikut: 2023 are set out below:
2024
Motor baru/ Motor bekas/
New Used Mobil baru/ Mobil bekas/ Lainnya/
motorcycles
- motorcycles
- New cars- Used cars- Others - Jumlah/Total
-
Piutang pembiayaan Murabahah financing
murabahah receivables
1-30 hari 435.147 28.821 370.345 146.760 7.617 988.690 1-30 days
30-60 hari 38.011 2.984 22.132 8.401 1.164 72.692 30-60 days
61-90 hari 29.937 1.977 16.528 5.484 1.226 55.152 61-90 days
503.095
- 33.782
- 409.005
- 160.645
- 10.007
- 1.116.534
-
2023
Motor baru/ Motor bekas/
New Used Mobil baru/ Mobil bekas/ Lainnya/
motorcycles
- motorcycles
- New cars- Used cars- Others - Jumlah/Total
-
Piutang pembiayaan Murabahah financing
murabahah receivables
1-30 hari 418.820 38.725 293.976 153.480 12.524 917.525 1-30 days
30-60 hari 29.502 3.248 15.707 6.818 1.632 56.907 30-60 days
61-90 hari 24.280 2.613 12.835 5.318 1.433 46.479 61-90 days
472.602
- 44.586
- 322.518
- 165.616
- 15.589
- 1.020.911
-
Tabel berikut menunjukkan perubahan nilai tercatat bruto The following tables show movement of the gross carrying
piutang pembiayaan konsumen dan piutang sewa amount of consumer financing receivables and finance lease
pembiayaan sebelum dikurangi cadangan kerugian receivables before deducted allowance for impairment
penurunan nilai selama tahun berjalan dan tahun losses during the year and prior year:
sebelumnya:
2024 -
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1 - Stage 2- Stage 3- Sharia - Total -
Piutang pembiayaan konsumen Consumer financing receivables
Saldo awal 20.806.901 654.848 489.470 - 21.951.219 Beginning balance
Pergerakan antar tahap: Interstage movement:
- Pindah ke tahap 1 1.104.949 (975.076) (129.873) - - -Transfer to Stage 1
- Pindah ke tahap 2 (3.108.475) 3.188.952 (80.477) - - -Transfer to Stage 2
- Pindah ke tahap 3 (553.320) (2.036.569) 2.589.889 - - -Transfer to Stage 3
Aset keuangan yang telah dilunasi, Financial assets that have been repaid,
perubahan pada biaya transaksi changes in transaction cost
dan piutang bunga pembiayaan (12.228.196) (155.262) (798.416) - (13.181.874) and accured interest
Aset keuangan yang baru diperoleh 14.310.783 - - - 14.310.783 New financial assets originated
Penghapusan (131.425) (31.703) (1.590.175) - (1.753.303) Write-offs
Saldo akhir 20.201.217
- 645.190
- 480.418
- - - 21.326.825
- Ending Balance
* Tidak diaudit *Unaudited
111
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Page 573
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Tabel berikut menunjukkan perubahan nilai tercatat bruto The following tables show movement of the gross carrying
piutang pembiayaan konsumen dan piutang sewa amount of consumer financing receivables and finance lease
pembiayaan sebelum dikurangi cadangan kerugian receivables before deducted allowance for impairment
penurunan nilai selama tahun berjalan dan tahun losses during the year and prior year: (continued)
sebelumnya: (lanjutan)
2024 -
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1- Stage 2- Stage 3- Sharia - Total -
Piutang sewa pembiayaan Finance lease receivables
Saldo awal 1.234.039 25.183 4.141 241.707 1.505.070 Beginning balance
Pergerakan antar tahap: Interstage movement:
- Pindah ke tahap 1 56.263 (52.284) (3.979) - - -Transfer to Stage 1
- Pindah ke tahap 2 (96.624) 100.007 (3.383) - - -Transfer to Stage 2
- Pindah ke tahap 3 (9.798) (47.779) 57.577 - - -Transfer to Stage 3
Aset keuangan yang telah dilunasi, Financial assets that have been repaid,
perubahan pada biaya transaksi changes in transaction cost
dan piutang bunga pembiayaan (963.277) (1.966) (19.988) - (985.231) and accured interest
Aset keuangan yang baru diperoleh 1.298.728 - - - 1.298.728 New financial assets originated
Penghapusan (520) (155) (27.034) - (27.709) Write-offs
Syariah - - - 518.995 518.995 Sharia
Saldo akhir 1.518.811 23.006 7.334 760.702 2.309.853 Ending Balance
- - - - -
2023 -
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1- Stage 2- Stage 3- Sharia - Total -
Piutang pembiayaan konsumen Consumer financing receivables
Saldo awal 17.858.486 287.258 311.435 - 18.457.179 Beginning balance
Pergerakan antar tahap: Interstage movement:
- Pindah ke tahap 1 1.088.472 (976.459) (112.013) - - -Transfer to Stage 1
- Pindah ke tahap 2 (2.859.914) 2.953.268 (93.354) - - -Transfer to Stage 2
- Pindah ke tahap 3 (589.977) (1.592.508) 2.182.485 - - -Transfer to Stage 3
Aset keuangan yang telah dilunasi, Financial assets that have been repaid,
perubahan pada biaya transaksi changes in transaction cost
dan piutang bunga pembiayaan (11.492.161) 216 (704.886) - (12.196.831) and accured interest
Aset keuangan yang baru diperoleh 16.887.925 - - - 16.887.925 New financial assets originated
Penghapusan (85.930) (16.927) (1.094.197) - (1.197.054) Write-offs
Saldo akhir 20.806.901
- 654.848
- 489.470
- - - 21.951.219
- Ending Balance
Piutang sewa pembiayaan Finance lease receivables
Saldo awal 881.253 2.909 430 80.861 965.453 Beginning balance
Pergerakan antar tahap: Interstage movement:
- Pindah ke tahap 1 24.740 (22.938) (1.802) - - -Transfer to Stage 1
- Pindah ke tahap 2 (58.371) 63.948 (5.577) - - -Transfer to Stage 2
- Pindah ke tahap 3 (1.954) (17.191) 19.145 - - -Transfer to Stage 3
Aset keuangan yang telah dilunasi, Financial assets that have been repaid,
perubahan pada biaya transaksi changes in transaction cost
dan piutang bunga pembiayaan (522.330) (1.499) (4.843) - (528.672) and accured interest
Aset keuangan yang baru diperoleh 911.354 - - - 911.354 New financial assets originated
Penghapusan (653) (46) (3.212) - (3.911) Write-offs
Syariah - - - 160.846 160.846 Sharia
Saldo akhir 1.234.039
- 25.183
- 4.141
- 241.707
- 1.505.070
- Ending Balance
* Tidak diaudit *Unaudited
112
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Tabel berikut menunjukkan perubahan cadangan kerugian The following tables show movement of the allowance for
penurunan nilai piutang pembiayaan konsumen dan piutang impairment losses of consumer financing receivables and
sewa pembiayaan selama tahun berjalan dan tahun finance lease receivables during the year and prior year:
sebelumnya:
2024 -
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1- Stage 2- Stage 3- Sharia - Total -
Piutang pembiayaan konsumen Consumer financing receivables
Saldo awal 817.839 154.022 298.729 - 1.270.590 Beginning balance
Pergerakan antar tahap: Interstage movement:
- Pindah ke tahap 1 273.695 (198.996) (74.699) - - -Transfer to Stage 1
- Pindah ke tahap 2 (368.848) 412.334 (43.486) - - -Transfer to Stage 2
- Pindah ke tahap 3 (69.822) (540.692) 610.514 - - -Transfer to Stage 3
Aset keuangan yang Financial assets that
telah dilunasi (54.837) (67.883) (40.638) - (163.358) have been repaid
Pengukuran kembali penurunan Remeasurement of loss
nilai-bersih (391.719) 425.384 1.190.301 - 1.223.966 allowance
Perubahan parameter atau model (37.321) (6.560) 49 - (43.832) Change in model or parameters
Aset keuangan yang baru diperoleh 642.636 - - - 642.636 New financial assets originated
Penghapusan (131.425) (31.703) (1.590.175) - (1.753.303) Write-offs
Saldo akhir 680.198
- 145.906
- 350.595
- - - 1.176.699
- Ending Balance
Piutang sewa pembiayaan Finance lease receivables
Saldo awal 43.915 4.641 1.931 10.283 60.770 Beginning balance
Pergerakan antar tahap: Interstage movement:
- Pindah ke tahap 1 15.652 (13.539) (2.113) - - -Transfer to Stage 1
- Pindah ke tahap 2 (6.904) 8.814 (1.910) - - -Transfer to Stage 2
- Pindah ke tahap 3 (892) (10.087) 10.979 - - -Transfer to Stage 3
Aset keuangan yang Financial assets that
telah dilunasi (3.083) (2.255) (2.476) - (7.814) have been repaid
Pengukuran kembali penurunan Remeasurement of loss
nilai-bersih (80.860) 17.690 26.034 - (37.136) allowance
Perubahan parameter atau model (3.038) (276) (23) - (3.337) Change in model or parameters
Aset keuangan yang baru diperoleh 67.753 - - - 67.753 New financial assets originated
Penghapusan (520) (155) (27.034) - (27.709) Write-offs
Syariah - - - 21.927 21.927 Sharia
Saldo akhir 32.023
- 4.833
- 5.388
- 32.210
- 74.454
- Ending Balance
* Tidak diaudit *Unaudited
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572 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 575
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Tabel berikut menunjukkan perubahan cadangan kerugian The following tables show movement of the allowance for
penurunan nilai piutang pembiayaan konsumen dan piutang impairment losses of consumer financing receivables and
sewa pembiayaan selama tahun berjalan dan tahun finance lease receivables during the year and prior year:
sebelumnya: (lanjutan) (continued)
2023 -
Tahap 1/ Tahap 2/ Tahap 3/ Syariah/ Jumlah/
Stage 1- Stage 2- Stage 3- Sharia - Total -
Piutang pembiayaan konsumen Consumer financing receivables
Saldo awal 887.675 82.635 282.148 - 1.252.458 Beginning balance
Pergerakan antar tahap: Interstage movement:
- Pindah ke tahap 1 311.272 (237.721) (73.551) - - -Transfer to Stage 1
- Pindah ke tahap 2 (393.114) 458.938 (65.824) - - -Transfer to Stage 2
- Pindah ke tahap 3 (86.388) (473.392) 559.780 - - -Transfer to Stage 3
Aset keuangan yang Financial assets that
telah dilunasi (82.832) (37.843) (65.210) - (185.885) have been repaid
Pengukuran kembali penurunan Remeasurement of loss
nilai-bersih (502.976) 390.988 758.019 - 646.031 allowance
Perubahan parameter atau model (95.427) (12.656) (2.436) - (110.519) Change in model or parameters
Aset keuangan yang baru diperoleh 865.559 - - - 865.559 New financial assets originated
Penghapusan (85.930) (16.927) (1.094.197) - (1.197.054) Write-offs
Saldo akhir 817.839
- 154.022
- 298.729
- - - 1.270.590
- Ending Balance
Piutang sewa pembiayaan Finance lease receivables
Saldo awal 44.365 462 430 2.191 47.448 Beginning balance
Pergerakan antar tahap: Interstage movement:
- Pindah ke tahap 1 5.968 (4.690) (1.278) - - -Transfer to Stage 1
- Pindah ke tahap 2 (4.140) 9.278 (5.138) - - -Transfer to Stage 2
- Pindah ke tahap 3 (280) (3.386) 3.666 - - -Transfer to Stage 3
Aset keuangan yang Financial assets that
telah dilunasi (2.007) (611) (2.998) - (5.616) have been repaid
Pengukuran kembali penurunan Remeasurement of loss
nilai-bersih (49.571) 3.859 10.499 - (35.213) allowance
Perubahan parameter atau model (7.643) (225) (38) - (7.906) Change in model or parameters
Aset keuangan yang baru diperoleh 57.876 - - - 57.876 New financial assets originated
Penghapusan (653) (46) (3.212) - (3.911) Write-offs
Syariah - - - 8.092 8.092 Sharia
Saldo akhir 43.915
- 4.641
- 1.931
- 10.283
- 60.770
- Ending Balance
Penjelasan mengenai istilah tahap 1, 2 dan 3, terdapat pada Explanation of the terms stage 1, 2, and 3 is included in Note
Catatan 2.h. 2.h.
* Tidak diaudit *Unaudited
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2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 573
Page 576
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko kredit (lanjutan) Credit risk (continued)
Tabel berikut ini menyajikan perubahan cadangan kerugian The following table presents the movement of allowance for
penurunan nilai piutang pembiayaan murabahah impairment lossess of murabahah financing receivables
berdasarkan PSAK 239 untuk tahun berjalan dan tahun under SFAS 239 during the current year and prior year:
sebelumnya:
2024
Motor baru/ Motor bekas/
New Used Mobil baru/ Mobil bekas/ Lainnya/
motorcycles
- motorcycles
- New cars- Used cars
- Others - Jumlah/Total
-
Piutang pembiayaan Murab ahah financing
murabahah receivab les
Saldo awal 144.924 12.044 110.125 17.367 7.648 292.108 Beginning b alance
Penambahan 272.768 16.749 164.016 49.727 11.543 514.803 Additions
Penghapusan piutang (248.810) (21.683) (139.540) (47.421) (12.724) (470.178) Written-off receivab les
168.882
- 7.110
- 134.601
- 19.673
- 6.467
- 336.733
-
2023
Motor baru/ Motor bekas/
New Used Mobil baru/ Mobil bekas/ Lainnya/
motorcycles
- motorcycles
- New cars- Used cars
- Others - Jumlah/Total
-
Piutang pembiayaan Murab ahah financing
murabahah receivab les
Saldo awal 117.344 8.948 46.409 9.110 6.049 187.860 Beginning b alance
Penambahan 171.573 19.444 166.835 41.751 13.609 413.212 Additions
Penghapusan piutang (143.993) (16.348) (103.119) (33.494) (12.010) (308.964) Written-off receivab les
144.924
- 12.044
- 110.125
- 17.367
- 7.648
- 292.108
-
Risiko likuiditas Liquidity risk
Risiko likuiditas merupakan risiko, yang mana Perseroan Liquidity risk is the risk, whereby the Company does not
tidak memiliki sumber keuangan yang mencukupi untuk have sufficient financial resources to discharge its matured
memenuhi kewajibannya yang telah jatuh tempo dan untuk liabilities as well as to run its business.
menjalankan usahanya.
Sumber pendanaan Perseroan berasal dari skema Sources of funding of the Company are from joint financing
pembiayaan bersama dengan PT Bank Danamon Indonesia scheme with PT Bank Danamon Indonesia Tbk; on-shore
Tbk; pinjaman dalam negeri, baik dalam bentuk pinjaman loans, in the form of direct loans as well as bonds and
secara langsung dari bank dalam negeri maupun melalui mudharabah bonds and off-shore loans.
obligasi dan sukuk mudharabah serta pinjaman luar negeri.
Selain itu, dalam pengelolaan risiko likuiditas, Perseroan Moreover, in liquidity risk management, the Company has
telah membentuk Komite Aset dan Kewajiban yang bertugas formed Asset and Liability Committee, whose
untuk memantau kondisi dan situasi yang berhubungan responsibilities are to monitor conditions and situations
dengan likuiditas perseroan serta melakukan tindakan related to Company’s liquidity as well as to perform any
mitigasi jika diperlukan. mitigation, if needed.
Selama ini, Perseroan memiliki rasio likuiditas yang sehat. So far, the Company has a healthy liquidity ratio. This could
Hal ini dapat dilihat dari solvabilitas, yakni pertumbuhan atas be seen in the Company’s solvability, i.e. the Company's
kemampuan Perseroan dalam memenuhi liabilitas jangka growing ability to discharge both short-term and long-term
pendek dan jangka panjangnya. Rasio liabilitas terhadap liabilities. The ratio of the Company’s liabilities to equity as
ekuitas Perseroan pada tanggal 31 Desember 2024 dan of 31 December 2024 and 2023 are 1.8. The ratio of liabilities
2023 sebesar 1,8. Rasio liabilitas terhadap jumlah aset pada over assets as of 31 December 2024 and 2023 are 0.6.
tanggal 31 Desember 2024 dan 2023 sebesar 0,6.
* Tidak diaudit *Unaudited
115
574 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 577
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Tabel berikut menyajikan sisa umur kontraktual liabilitas The following table summarises the residual contractual
keuangan yang tidak didiskontokan Perseroan yang maturities of the Company’s undiscounted financial liabilities
menggambarkan eksposur Perseroan terhadap risiko that shows the Company’s exposure to liquidity risk as of
likuiditas pada tanggal 31 Desember 2024 dan 2023: 31 December 2024 and 2023:
2024
< 1 bulan/ 1-3 bulan/ 3-12 bulan/ 1-3 tahun/ > 3 tahun/ Jumlah/
month months months years years Total
- - - - - -
Pinjaman yang diterima 1.001.088 1.402.955 4.710.545 4.130.189 - 11.244.777 Borrowings
Sukuk mudharabah 3.599 58.439 365.793 362.552 123.771 914.154 Mudharabah bonds
Utang obligasi 53.088 878.111 2.101.731 2.648.594 1.555.485 7.237.009 Bonds payable
Utang kepada dealer 153.505 - - - - 153.505 Payables to dealers
Utang premi asuransi 141.271 - - - - 141.271 Insurance premium payables
Liabilitas derivatif 6.433 13.127 58.680 104.352 - 182.592 Derivative liabilities
1.358.984 2.352.632 7.236.749 7.245.687 1.679.256 19.873.308
- - - - - -
2023
< 1 bulan/ 1-3 bulan/ 3-12 bulan/ 1-3 tahun/ > 3 tahun/ Jumlah/
month months months years years Total
- - - - - -
Pinjaman yang diterima 950.587 1.126.627 3.873.843 3.998.423 - 9.949.480 Borrowings
Sukuk mudharabah 38.467 6.872 431.008 284.694 205.035 966.076 Mudharabah bonds
Utang obligasi 389.275 35.112 3.002.416 1.875.840 1.270.057 6.572.700 Bonds payable
Utang kepada dealer 451.577 - - - - 451.577 Payables to dealers
Utang premi asuransi 195.581 - - - - 195.581 Insurance premium payables
Liabilitas derivatif - 1.817 5.451 14.537 - 21.805 Derivative liabilities
2.025.487 1.170.428 7.312.718 6.173.494 1.475.092 18.157.219
- - - - - -
* Tidak diaudit *Unaudited
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2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 575
Page 578
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Tabel berikut menggambarkan profil perbedaan jatuh tempo The following table summarises the maturity gap profile of
atas aset dan liabilitas keuangan Perseroan pada tanggal the Company’s financial assets and liabilities as of
31 Desember 2024 dan 2023: 31 December 2024 and 2023:
2024 1
Tidak memiliki
tanggal jatuh
tempo
kontraktual/
No contractual < 1 bulan/ 1-3 bulan/ 3-12 bulan/ 1-3 tahun/ > 3 tahun/ Jumlah/
maturity - month - months - months - years - years - Total -
Aset keuangan Financial assets
Kas dan setara kas - 1.553.858 - - - - 1.553.858 Cash and cash equivalents
Piutang pembiayaan Consumer financing
konsumen - bruto - 1.604.367 2.796.900 10.437.835 11.734.139 2.152.122 28.725.363 receivables - gross
Piutang pembiayaan Murabahah financing
murabahah - bruto - 394.217 699.277 2.672.037 3.271.361 676.598 7.713.490 receivables - gross
Piutang sewa Finance lease
pembiayaan - bruto - 238.231 252.305 939.663 987.261 75.648 2.493.108 receivables - gross
Piutang karyawan - 3.551 6.762 27.965 50.327 14.445 103.050 Employee receivables
Piutang klaim asuransi - 12.865 - - - - 12.865 Insurance claim receivables
Insurance commission
Piutang komisi asuransi - 42.063 - - - - 42.063 receivables
Investasi dalam saham 396.870 - - - - - 396.870 Investment in shares
396.870 3.849.397 3.757.669 14.085.510 16.060.393 2.918.813 41.068.652
Liabilitas keuangan Financial liabilities
Pinjaman yang diterima - 1.001.088 1.402.955 4.710.545 4.130.189 - 11.244.777 Borrowings
Sukuk mudharabah - 3.599 58.439 365.793 362.552 123.771 914.154 Sukuk mudharabah
Utang obligasi - 53.088 878.111 2.101.731 2.648.594 1.555.485 7.237.009 Bonds payable
Utang kepada dealer - 153.505 - - - - 153.505 Payables to dealers
Utang premi asuransi - 141.271 - - - - 141.271 Insurance premium payables
Liabilitas derivatif - 6.433 13.127 58.680 104.352 - 182.592 Derivative liabilities
- 1.358.984 2.352.632 7.236.749 7.245.687 1.679.256 19.873.308
Perbedaan jatuh tempo 396.870 2.490.413 1.405.037 6.848.761 8.814.706 1.239.557 21.195.344 Maturity gap
- - - - - - -
* Tidak diaudit *Unaudited
117
576 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 579
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko likuiditas (lanjutan) Liquidity risk (continued)
Tabel berikut menggambarkan profil perbedaan jatuh tempo The following table summarises the maturity gap profile of
atas aset dan liabilitas keuangan Perseroan pada tanggal the Company’s financial assets and liabilities as of
31 Desember 2024 dan 2023: (lanjutan) 31 December 2024 and 2023: (continued)
2023 1
Tidak memiliki
tanggal jatuh
tempo
kontraktual/
No contractual < 1 bulan/ 1-3 bulan/ 3-12 bulan/ 1-3 tahun/ > 3 tahun/ Jumlah/
maturity - month - months - months - years - years - Total -
Aset keuangan Financial assets
Kas dan setara kas - 1.435.491 - - - - 1.435.491 Cash and cash equivalents
Piutang pembiayaan Consumer financing
konsumen - bruto - 1.620.004 2.796.002 10.518.275 12.660.390 2.321.212 29.915.883 receivables - gross
Piutang pembiayaan Murabahah financing
murabahah - bruto - 385.962 680.301 2.637.254 3.514.154 720.084 7.937.755 receivables - gross
Piutang sewa Finance lease
pembiayaan - bruto - 101.239 167.926 648.356 714.879 51.333 1.683.733 receivables - gross
Piutang karyawan - 3.782 7.416 28.514 47.247 16.294 103.253 Employee receivables
Piutang klaim asuransi - 15.018 - - - - 15.018 Insurance claim receivables
Insurance commission
Piutang komisi asuransi - 60.815 - - - - 60.815 receivables
Investasi dalam saham 386.360 - - - - - 386.360 Investment in shares
386.360 3.622.311 3.651.645 13.832.399 16.936.670 3.108.923 41.538.308
Liabilitas keuangan Financial liabilities
Pinjaman yang diterima - 950.587 1.126.627 3.873.843 3.998.423 - 9.949.480 Borrowings
Sukuk mudharabah - 38.467 6.872 431.008 284.694 205.035 966.076 Mudharabah bonds
Utang obligasi - 389.275 35.112 3.002.416 1.875.840 1.270.057 6.572.700 Bonds payable
Utang kepada dealer - 451.577 - - - - 451.577 Payables to dealers
Utang premi asuransi - 195.581 - - - - 195.581 Insurance premium payables
Liabilitas derivatif - - 1.817 5.451 14.537 - 21.805 Derivative liabilities
- 2.025.487 1.170.428 7.312.718 6.173.494 1.475.092 18.157.219
Perbedaan jatuh tempo 386.360 1.596.824 2.481.217 6.519.681 10.763.176 1.633.831 23.381.089 Maturity gap
- - - - - - -
Risiko operasional Operational risk
Perseroan juga sangat sadar terhadap risiko operasional, The Company is also highly aware about operational risk,
karena permasalahan yang timbul sehubungan dengan risiko because problems arising in relation with this risk could bring
ini dapat berdampak dan berpengaruh luas terhadap kinerja significant impact and affect the Company’s overall
Perseroan secara keseluruhan. Secara umum, risiko performance. In general, operational risk is the risk caused
operasional merupakan risiko yang disebabkan karena by insufficiency and/or malfunction of internal processes,
ketidakcukupan dan/atau tidak berfungsinya proses internal, human errors, system failures and external problems that
kesalahan manusia, kegagalan sistem dan adanya problem affect the Company's whole operations.
eksternal yang mempengaruhi operasional Perseroan secara
keseluruhan.
Secara umum, Penanganan risiko operasional dalam In general, the operational risks in the Company are handled
Perseroan dilakukan dengan 4 (empat) langkah, yaitu: through 4 (four) steps as follows:
- Mengidentifikasikan risiko yang melekat dalam setiap - To identify risks attached to every product and
produk dan aktivitas operasional operational activity
- Mengukur profil risiko Perseroan agar mendapatkan - To measure the Company’s risk profile, in order to
gambaran dari efektifitas penerapan manajemen risiko understand the effectiveness of risk management’s
serta tingkat kepatuhan terhadap prosedur dan implementation as well as compliance level towards
kebijakan yang tersedia existing procedures and policies
- Mengendalikan risiko dalam bentuk tindakan proaktif - To control risks in the form of proactive actions in order
sehingga kerugian operasional yang terjadi tidak to manage operational loss within specified limit and will
melewati batasan yang telah ditentukan dan tidak not affect the Company’s business
mengganggu jalannya usaha Perseroan
* Tidak diaudit *Unaudited
118
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 577
Page 580
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
Secara umum, Penanganan risiko operasional dalam In general, the operational risks in the Company are handled
Perseroan dilakukan dengan 4 (empat) langkah, yaitu: through 4 (four) steps as follows: (continued)
(lanjutan)
- Memantau risiko yang telah diidentifikasi, diukur, dan - To monitor risks that have been identified, measured and
dikendalikan oleh Perseroan dalam suatu bentuk controlled by the Company in a form of risk
dokumentasi risiko dengan menggunakan sistem dan documentation by using risk monitoring systems and
prosedur pemantauan risiko yang dilakukan baik oleh procedures performed both by the business and
fungsi bisnis dan operasional (risk-taking function) operational functions (risk-taking function) and by the
maupun oleh fungsi Manajemen Risiko secara berkala Risk Management function on a regular basis and
dan disampaikan kepada pihak manajemen Perseroan. submitted to the Company’s management.
Keempat langkah di atas merupakan satu kesatuan proses The four steps above is an inseparable unified process. The
yang tidak terpisahkan. Langkah di atas telah diterjemahkan steps above have been converted to the Company's
Perseroan dalam mekanisme manajemen risiko operasional operational risk management mechanism as follows:
sebagai berikut:
• Risk Control Self Assessment (RCSA) • Risk Control Self Assessment (RCSA)
RCSA merupakan suatu konsep manajemen risiko yang RCSA is a concept of risk management, which was
dibentuk berdasarkan Prosedur Operasi Standar yang established based on applicable Standard Operating
berlaku dalam Perseroan, untuk menelaah dan Procedures in the Company, to examine and measure
mengukur besarnya potensi risiko-risiko yang the extent of potential risk occurring throughout the
berlangsung selama proses internal untuk menghasilkan internal processes in order to generate operational risk
status risiko operasional, dan dilaporkan secara periodik status, and is reported periodically (semi-annually) to the
(semesteran) kepada manajemen Perseroan. Unit kerja Company’s management. The appointed unit within the
yang telah ditetapkan di dalam Perseroan akan Company will conduct Self Assessment (Unit SA) which
melakukan Self Assessment (Unit SA) yang results in RSCA for each Unit SA.
menghasilkan rating RCSA bagi setiap Unit SA.
• Risk Register • Risk Register
Risk Register merupakan daftar atau tabel yang Risk Register is a list or table that describes the
menggambarkan risiko-risiko operasional yang diregister registered operational risks as a result of the risk
sebagai hasil proses manajemen risiko di suatu risk- management process in a risk-taking function at a certain
taking function pada periode tertentu. period.
• Operational Risk Management System (ORMS) • Operational Risk Management System (ORMS)
ORMS merupakan implementasi dari kewajiban ORMS is an implementation of the obligation of the
Perseroan sebagai Perusahaan Anak dari PT Bank Company as a Subsidiary of PT Bank Danamon
Danamon Indonesia Tbk untuk melakukan pengendalian Indonesia Tbk to carry out operational risk control by
risiko operasional dengan cara melakukan pencatatan recording risk event at the time this risk event occurred,
kejadian berisiko pada saat terjadinya kejadian berisiko as part of the Implementation of Integrated Risk
tersebut, sebagai bagian dari Penerapan Manajemen Management. ORMS is a web-based intranet application
Risiko Terintegrasi bagi Konglomerasi Keuangan. ORMS that is used as an operational risk management tool and
adalah sebuah aplikasi intranet berbasis web yang is designed for recording the operational risk event at the
digunakan sebagai alat bantu pengelola risiko time of occurrence of this risk event and stored into a
operasional yang dirancang agar pencatatan kejadian database that has been integrated with PT Bank
berisiko dapat dilakukan pada saat terjadinya kejadian Danamon Indonesia Tbk as Parent Company.
berisiko tersebut dan direkam ke dalam database yang
terintegrasi dengan PT Bank Danamon Indonesia Tbk
sebagai Perusahaan Induk.
Sebagai pendukung terhadap penerapan manajemen risiko As support for the implementation of operational risk
operasional, Perseroan secara terus menerus management, the Company continuously develops risk
mengembangkan indikator deteksi risiko operasional yang operational detection indicator, which result will be combined
hasilnya akan dikombinasikan dengan proses pengendalian with internal control process, thus can help the Company in
internal, sehingga dapat membantu Perseroan dalam detecting operational risk which might occur and take
mendeteksi risiko operasional yang mungkin timbul dan necessary action in minimising the effect of operational risk.
mengambil tindakan yang diperlukan dalam meminimalisir
akibat dari risiko operasional.
* Tidak diaudit *Unaudited
119
578 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 581
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
38. MANAJEMEN RISIKO KEUANGAN (lanjutan) 38. FINANCIAL RISK MANAGEMENT (continued)
Risiko operasional (lanjutan) Operational risk (continued)
• Pengelolaan Kecurangan • Fraud Management
Seiring dengan semakin besar suatu perusahaan, Along with the company’s growth, the process is more
dengan proses yang semakin kompleks dan jumlah complex and the number of employees increases, strong
karyawan yang bertambah, pengendalian internal yang internal control becomes an issue to cover the gap of an
kuat menjadi sebuah isu untuk menutup celah dari sistem internal system that is still in the process of improvement.
internal yang masih terus dalam proses perbaikan. As a financing company that has a risk management
Sebagai perusahaan pembiayaan yang telah memiliki system, the Company has implemented POJK No. 12
sistem manajemen risiko, Perseroan telah menerapkan Year 2024 dated 23 July 2024 concerning the
POJK No. 12 Tahun 2024 tanggal 23 Juli 2024 tentang Implementation of Anti-Fraud Strategy for Financial
Penerapan Strategi Anti Fraud Bagi Lembaga Jasa Services Institutions, generally summarized as follows:
Keuangan yang secara umum terangkum sebagai
berikut:
• Pencegahan: Memuat anti-fraud awareness, • Prevention: Provide anti-fraud awareness,
identifikasi kerawanan, know your customer, dan identification of vulnerabilities, know your customer,
know your employee. and know your employee.
• Pendeteksian: Memuat kegiatan dalam • Detection: Provide activities to identify and find fraud
mengidentifikasi dan menemukan kejadian fraud. incidents.
• Investigasi, Pelaporan, dan Sanksi : Memuat • Investigation, Reporting and Sanctions: Provide the
standar investigasi Perseroan, mekanisme Company's investigative standards, mechanisms for
pelaporan kejadian fraud kepada internal Perseroan, reporting fraud incidents to the Company's internal
penerapan kebijakan sanksi untuk memberikan efek affairs, implementation of a sanction policy to provide
jera bagi pelaku fraud. a deterrent effect for perpetrators of fraud.
• Pemantauan, Evaluasi, dan Tindak lanjut: Memuat • Monitoring, Evaluation, and Action Plan: Provide
pemantauan terhadap tindak lanjut kejadian fraud, monitoring over the action plan of fraud incidents,
memelihara data kejadian fraud (fraud profiling) maintaining data on fraud incidents (fraud profiling)
guna mendukung pelaksanaan evaluasi, to support evaluation implementation, action plan
mekanisme tindak lanjut untuk menghindari kejadian mechanisms to prevent fraud incidents from reoccur.
fraud terulang kembali.
• Pengelolaan Kelangsungan Usaha (Business • Business Continuity Management (BCM)
Continuity Management - BCM)
BCM merupakan proses pengelolaan yang menyeluruh BCM is a comprehensive management process to
dalam mengidentifikasi dampak yang berpotensi identify the impact that potentially threaten business
mengancam kelangsungan usaha. BCM menjadi sebuah continuity. BCM becomes a framework in building
kerangka dalam membangun ketahanan dan kapabilitas resilience and the capability to respond to issues or
dalam merespon isu atau situasi secara efektif. Dengan situations effectively. Therefore, the interests of
demikian, kepentingan para pemangku kepentingan, stakeholders, the reputation of the Company and
reputasi Perseroan dan kelangsungan usaha dapat business continuity can be maintained.
terjaga.
Melalui BCM, Perseroan melakukan identifikasi terhadap Through BCM, the Company identified the critical
aktivitas-aktivitas/kejadian kritikal yang berpotensi terjadi activities/events that can potentially occur in the
dalam Perseroan, yang mana bila terjadi gangguan pada Company, which in case of disruption in that activities,
aktivitas tersebut, dapat mengancam kelangsungan could threaten the Company’s business continuity.
usaha Perseroan. Melalui hasil analisa tersebut, Through the analysis result, the Company prepared a
Perseroan menyusun Business Continuity Plan (BCP) Business Continuity Plan (BCP), which is a documented
yang merupakan kerangka kerja terdokumentasi untuk framework of response and recovery for critical activities
penanganan dan pemulihan terhadap aktivitas kritikal in a unit with a predetermined period of time.
dalam suatu unit kerja dengan periode waktu yang telah
ditetapkan.
Perseroan mengidentifikasi aktivitas-aktivitas operasional The Company identified that the critical operational activities
kritikal yang ada pada kegiatan usaha Perseroan terletak of the Company are located in: acquisition, credit,
pada: bagian akuisisi, kredit, operasional, penagihan, operational, collection, finance, information technology and
keuangan, teknologi informasi dan digital, penyimpanan digital, custodian for BPKB and branch services. Other than
BPKB kendaraan dan pelayanan cabang. Selain itu, that, the Company also identified that external crisis can arise
Perseroan pun mengidentifikasi bahwa krisis eksternal pun and affect the Company’s business continuity.
dapat timbul dan berpotensi memberikan dampak pada
kelangsungan usaha Perseroan.
* Tidak diaudit *Unaudited
120
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 579
Page 582
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. ASET DAN LIABILITAS KEUANGAN 39. FINANCIAL ASSETS AND LIABILITIES
Tabel di bawah ini menyajikan nilai tercatat dan nilai wajar The following table sets out the carrying amounts and fair
dari instrumen keuangan Perseroan: values of the Company’s financial instruments:
2024 -
Nilai wajar
melalui Nilai wajar
Biaya laba rugi/ melalui
perolehan Fair value OCI/
diamortisasi/ through Fair value Nilai tercatat/
Amortised profit or through Carrying Nilai wajar/
cost - loss - OCI - value - Fair value
-
Aset keuangan Financial assets
Kas dan setara kas 1.553.858 - - 1.553.858 1.553.858 Cash and cash equivalents
Piutang pembiayaan Consumer financing
konsumen - bersih 20.150.126 - - 20.150.126 20.422.269 receivables - net
Piutang pembiayaan Murabahah financing
murabahah - bersih 5.551.922 - - 5.551.922 5.704.275 receivables - net
Piutang sewa Finance lease
pembiayaan - bersih 2.235.399 - - 2.235.399 2.447.008 receivables - net
Piutang klaim asuransi 12.865 - - 12.865 12.865 Insurance claim receivables
Insurance commission
Piutang komisi asuransi 42.063 - - 42.063 42.063 receivables
Piutang karyawan 103.050 - - 103.050 91.151 Employee receivables
Aset derivatif - - 62.806 62.806 62.806 Derivative assets
Investasi dalam saham - - 396.870 396.870 396.870 Investment in shares
Jumlah aset keuangan 29.649.283
- -- 459.676
- 30.108.959
- 30.733.165
- Total financial assets
Liabilitas keuangan Financial liabilities
Pinjaman yang diterima 10.665.466 - - 10.665.466 10.651.919 Borrowings
Beban bunga yang masih harus Accrued interest
dibayar 138.088 - - 138.088 138.088 expenses
Bagi hasil sukuk mudharabah yang Accrued revenue sharing for
masih harus dibayar 8.191 - - 8.191 8.191 mudharabah bonds
Marjin mudharabah yang
masih harus dibayar 360 - - 360 360 Accrued mudharabah margin
Utang obligasi 6.377.830 - - 6.377.830 6.378.480 Bonds payable
Utang kepada dealer 153.505 - - 153.505 153.505 Payables to dealers
Utang premi asuransi 141.271 - - 141.271 141.271 Insurance premium payables
Liabilitas derivatif - - 75.416 75.416 75.416 Derivative liabilities
Sukuk mudharabah 831.830 - - 831.830 829.652 Mudharabah bonds
Jumlah liabilitas keuangan 18.316.541
- -- 75.416
- 18.391.957
- 18.376.882
- Total financial liabilities
* Tidak diaudit *Unaudited
121
580 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 583
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. ASET DAN LIABILITAS KEUANGAN (lanjutan) 39. FINANCIAL ASSETS AND LIABILITIES (continued)
Tabel di bawah ini menyajikan nilai tercatat dan nilai wajar The following table sets out the carrying amounts and fair
dari instrumen keuangan Perseroan: (lanjutan) values of the Company’s financial instruments: (continued)
2023 -
Nilai wajar
melalui Nilai wajar
Biaya laba rugi/ melalui
perolehan Fair value OCI/
diamortisasi/ through Fair value Nilai tercatat/
Amortised profit or through Carrying Nilai wajar/
cost - loss - OCI - value - Fair value
-
Aset keuangan Financial assets
Kas dan setara kas 1.435.491 - - 1.435.491 1.435.491 Cash and cash equivalents
Piutang pembiayaan Consumer financing
konsumen - bersih 20.680.629 - - 20.680.629 21.326.541 receivables - net
Piutang pembiayaan Murabahah financing
murabahah - bersih 5.520.062 - - 5.520.062 5.951.171 receivables - net
Piutang sewa Finance lease
pembiayaan - bersih 1.444.300 - - 1.444.300 1.564.589 receivables - net
Piutang klaim asuransi 15.018 - - 15.018 15.018 Insurance claim receivables
Insurance commission
Piutang komisi asuransi 60.815 - - 60.815 60.815 receivables
Piutang karyawan 103.253 - - 103.253 93.616 Employee receivables
Aset derivatif - - 1.006 1.006 1.006 Derivative assets
Investasi dalam saham - - 386.360 386.360 386.360 Investment in shares
Jumlah aset keuangan 29.259.568
- -- 387.366
- 29.646.934
- 30.834.607
- Total financial assets
Liabilitas keuangan Financial liabilities
Pinjaman yang diterima 9.312.972 - - 9.312.972 9.285.089 Borrowings
Beban bunga yang masih harus Accrued interest
dibayar 100.202 - - 100.202 100.202 expenses
Bagi hasil sukuk mudharabah yang Accrued revenue sharing for
masih harus dibayar 8.650 - - 8.650 8.650 mudharabah bonds
Marjin mudharabah yang
masih harus dibayar 770 - - 770 770 Accrued mudharabah margin
Utang obligasi 5.885.106 - - 5.885.106 5.879.074 Bonds payable
Utang kepada dealer 451.577 - - 451.577 451.577 Payables to dealers
Utang premi asuransi 195.581 - - 195.581 195.581 Insurance premium payables
Sukuk mudharabah 859.000 - - 859.000 856.523 Mudharabah bonds
Jumlah liabilitas keuangan 16.813.858
- -- -- 16.813.858
- 16.777.466
- Total financial liabilities
Metode dan asumsi yang digunakan untuk estimasi nilai Methods and assumptions are used to estimate the fair
wajar adalah sebagai berikut: values are as follows:
• Nilai wajar kas dan setara kas, piutang klaim asuransi, • The fair value of cash and cash equivalents, insurance
piutang komisi asuransi, utang kepada dealer, utang claim receivables, insurance commission receivables,
premi asuransi, pinjaman yang diterima dengan tingkat payables to dealers, insurance premium payables,
suku bunga tetap dan akan jatuh tempo kurang dari satu borrowings which bear fixed interest rate and will mature
tahun, beban bunga yang masih harus dibayar, bagi in less than one year, accrued interest expenses,
hasil sukuk mudharabah yang masih harus dibayar, dan accrued revenue sharing for mudharabah bonds, and
marjin mudharabah yang masih harus dibayar accrued mudharabah margin approximate their carrying
mendekati nilai tercatat karena jangka waktu jatuh amounts largerly due to short-term mature of these
tempo yang singkat atas instrumen keuangan tersebut. instruments.
* Tidak diaudit *Unaudited
122
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 581
Page 584
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. ASET DAN LIABILITAS KEUANGAN (lanjutan) 39. FINANCIAL ASSETS AND LIABILITIES (continued)
Metode dan asumsi yang digunakan untuk estimasi nilai Methods and assumptions are used to estimate the fair
wajar adalah sebagai berikut: (lanjutan) values are as follows: (continued)
• Nilai wajar pinjaman yang diterima dengan tingkat suku • The fair value of floating-rate borrowings approximate
bunga mengambang mendekati nilai tercatatnya karena their carrying amounts because the interest rate is
tingkat suku bunganya sering ditinjau ulang. repriced frequently.
• Nilai wajar piutang pembiayaan konsumen, piutang • The fair value of consumer financing receivables,
pembiayaan murabahah, piutang sewa pembiayaan, murabahah financing receivable, finance lease
piutang karyawan dan pinjaman yang diterima dengan receivables, employee receivables and borrowings
tingkat suku bunga tetap dan akan jatuh tempo lebih dari which bear fixed interest rate and will mature in more
satu tahun dinilai menggunakan diskonto arus kas than one year are determined by discounting cash
berdasarkan tingkat suku bunga pasar pada tanggal flows using market interest rate of similar instruments
31 Desember 2024 dan 2023. as of 31 December 2024 and 2023.
• Nilai wajar investasi dalam saham pada tanggal 31 • The fair value of investment in shares as of 31
Desember 2024 diukur menggunakan hirarki nilai wajar December 2024 is measured using level 3 fair value
tingkat 3. Perseroan menggunakan pendekatan hierarchy. The Company applies the income approach
pendapatan dengan membandingkan harga beli saham by comparing the shares purchase price with the book
dengan nilai buku yang tercatat pada laporan keuangan value recognized in the financial statements of the
entitas pada tanggal pembelian yang kemudian investee at the acquisition date, then adjusted for
disesuaikan dengan perubahan ekuitas dari entitas yang changes in the investee’s equity up to the reporting
diinvestasikan hingga tanggal pelaporan, sedangkan date, while the carrying amount as of 31 December
nilai tercatat pada tanggal 31 Desember 2023 dinilai 2023 is valued at its acquisition cost because there is
sebesar biaya perolehannya karena tidak terdapat no significant difference between the acquisition cost
perbedaan signifikan antara biaya perolehan saat at the time of purchase and the fair value at the
pembelian dengan nilai wajar pada tanggal pelaporan. reporting date.
• Obligasi dan sukuk mudharabah Perseroan terdaftar di • The Company’s bonds and sukuk mudharabah listed in
Bursa Efek Indonesia. Nilai wajar utang obligasi dan the Indonesia Stock Exchange. The fair value of bonds
sukuk mudharabah ditentukan berdasarkan harga pasar payable and sukuk mudharabah are determined using
kuotasi dari Bloomberg pada tanggal 31 Desember 2024 quoted market price from Bloomberg as of
dan 2023. 31 December 2024 and 2023.
* Tidak diaudit *Unaudited
123
582 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 585
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. ASET DAN LIABILITAS KEUANGAN (lanjutan) 39. FINANCIAL ASSETS AND LIABILITIES (continued)
Hirarki nilai wajar instrumen keuangan Fair value hierarchy of financial instruments
Tabel berikut ini merupakan hirarki nilai wajar dari The table below sets out the fair value hierarchy of the
aset/liabilitas keuangan pada tanggal 31 Desember 2024 financial assets/liabilities as of 31 December 2024 and 2023:
dan 2023:
2024 -
Nilai wajar
melalui Nilai wajar
Biaya laba rugi/ melalui
perolehan Fair value OCI/
diamortisasi/ through Fair value
Amortised profit or through Jumlah/
cost - loss - OCI - Total -
Aset keuangan Financial assets
Tingkat 2: Level 2:
Piutang pembiayaan Consumer financing
konsumen - bersih 20.422.269 - - 20.422.269 receivables - net
Piutang pembiayaan Murabahah financing
murabahah - bersih 5.704.275 - - 5.704.275 receivables - net
Piutang sewa Finance lease
pembiayaan - bersih 2.447.008 - - 2.447.008 receivables - net
Piutang karyawan 91.151 - - 91.151 Employee receivables
Aset derivatif - - 62.806 62.806 Derivative assets
28.664.703
- -- 62.806
- 28.727.509
-
Tingkat 3: Level 3:
Investasi dalam saham - - 396.870 396.870 Investment in shares
-- -- 396.870
- 396.870
-
Liabilitas keuangan Financial liabilities
Tingkat 1: Level 1:
Utang obligasi 6.378.480 - - 6.378.480 Bonds payable
Sukuk mudharabah 829.652 - - 829.652 Mudharabah bonds
7.208.132
- -- -- 7.208.132
-
Tingkat 2: Level 2:
Pinjaman yang diterima 10.651.919 - - 10.651.919 Borrowings
Liabilitas derivatif - - 75.416 75.416 Derivative liability
10.651.919 - 1 75.416 10.727.335
- 1 - - 1 - 1
* Tidak diaudit *Unaudited
124
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 583
Page 586
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
39. ASET DAN LIABILITAS KEUANGAN (lanjutan) 39. FINANCIAL ASSETS AND LIABILITIES (continued)
Hirarki nilai wajar instrumen keuangan (lanjutan) Fair value hierarchy of financial instruments (continued)
Tabel berikut ini merupakan hirarki nilai wajar dari The table below sets out the fair value hierarchy of the
aset/liabilitas keuangan pada tanggal 31 Desember 2024 financial assets/liabilities as of 31 December 2024 and 2023:
dan 2023: (lanjutan) (continued)
2023 -
Nilai wajar
melalui Nilai wajar
Biaya laba rugi/ melalui
perolehan Fair value OCI/
diamortisasi/ through Fair value
Amortised profit or through Jumlah/
cost - loss - OCI - Total -
Aset keuangan Financial assets
Tingkat 2: Level 2:
Piutang pembiayaan Consumer financing
konsumen - bersih 21.326.541 - - 21.326.541 receivables - net
Piutang pembiayaan Murabahah financing
murabahah - bersih 5.951.171 - - 5.951.171 receivables - net
Piutang sewa Finance lease
pembiayaan - bersih 1.564.589 - - 1.564.589 receivables - net
Piutang karyawan 93.616 - - 93.616 Employee receivables
Aset derivatif - - 1.006 1.006 Derivative assets
28.935.917
- -- 1.006
- 28.936.923
-
Liabilitas keuangan Financial liabilities
Tingkat 1: Level 1:
Utang obligasi 5.879.074 - - 5.879.074 Bonds payable
Sukuk mudharabah 856.523 - - 856.523 Mudharabah bonds
6.735.597
- -- -- 6.735.597
-
Tingkat 2: Level 2:
Pinjaman yang diterima 9.285.089 - 1 - 1 9.285.089 Borrowings
- 1 - - - 1
Pada tanggal 31 Desember 2024 dan 2023, tidak ada As of 31 December 2024 and 2023, there are no transfer at
transfer pada level aset keuangan dan liabilitas keuangan. level of financial assets and financial liabilities.
40. MANAJEMEN MODAL 40. CAPITAL MANAGEMENT
Tujuan Perseroan dalam mengelola permodalan adalah The Company’s objective in managing its capital is to keep
untuk melindungi kemampuan Perseroan dalam the Company’s capability in maintaining its going concern,
mempertahankan kelangsungan usahanya, sehingga so the Company could distribute the return to shareholders.
Perseroan tetap memberikan imbal hasil bagi pemegang
saham.
Perseroan mempunyai komitmen untuk mengembalikan The Company has a commitment to deliver return on
investasi pemegang saham dalam bentuk dividen kas. Sejak investment to its shareholders in the form of cash dividend.
Penawaran Saham Perdana, Perseroan selalu membagikan Since the Initial Public Offering, the Company has
dividen kepada para pemegang sahamnya secara teratur consistently distributed dividends to its shareholders every
setiap tahun dan juga telah menetapkan kebijakan dividen year and has also determined the minimum dividend policy
minimal sebesar 20% dari laba neto tahun berjalan dengan of 20% from current year net income by still considering the
tetap mempertimbangkan kebutuhan dana Perseroan pada Company’s needs of funding in the following year and the
tahun berikutnya dan kebijakan dividen yang diambil oleh dividend policy of PT Bank Danamon Indonesia Tbk as the
PT Bank Danamon Indonesia Tbk selaku pemegang saham controlling shareholder.
pengendali.
* Tidak diaudit *Unaudited
125
584 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 587
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
40. MANAJEMEN MODAL (lanjutan) 40. CAPITAL MANAGEMENT (continued)
Dalam mengelola permodalan, Perseroan melakukan analisa In managing capital, the Company conducts monthly
secara bulanan untuk memastikan bahwa Perseroan tetap analysis to ensure that the Company complies with POJK
mengikuti POJK No. 47/POJK.05/2020 tertanggal No. 47/POJK.05/2020 dated 17 November 2020 regarding
17 November 2020 tentang Perizinan Usaha dan Business Licesing and Institutional Financing Companies
Kelembagaan Perusahaan Pembiayaan dan Perusahaan and Sharia Financing Companies and POJK
Pembiayaan Syariah dan POJK No. 35/POJK.05/2018 No. 35/POJK.05/2018 dated 27 December 2018 regarding
tertanggal 27 Desember 2018 tentang Penyelenggaraan Business Operations of Financing Company which have
Usaha Perusahaan Pembiayaan yang di antaranya mengatur some provisions as follows:
ketentuan sebagai berikut:
• Rasio permodalan Perseroan minimum 10%, • The Company’s capital ratio minimum 10%,
• Jumlah pinjaman yang dimiliki Perseroan dibandingkan • The amount of the Company’s loan to equity and
modal sendiri dan pinjaman subordinasi dikurangi subordinated loan deducted by investment is maximum
penyertaan maksimum 10 kali, baik untuk pinjaman luar 10 times, both for off-shore and on-shore loans.
negeri maupun dalam negeri.
Pada tanggal 31 Desember 2024 dan 2023, Perseroan telah As of 31 December 2024 and 2023, the Company has
memenuhi ketentuan tersebut (lihat Informasi Keuangan complied with those provisions (see Supplementary
Tambahan). Financial Information).
41. ASET/LIABILITAS DALAM MATA UANG ASING 41. ASSET/LIABILITY DENOMINATED IN FOREIGN
CURRENCY
Aset dan liabilitas dalam mata uang asing yang dimiliki The Company’s assets and liabilities denominated in foreign
Perseroan adalah sebagai berikut: currency are as follows:
2024 - 2023 -
Kas di bank Cash in banks
USD USD
Nilai penuh 41.201 38.889 Full amount
Ekuivalen (IDR) 663 599 Equivalent (IDR)
Pinjaman yang diterima Borrowings
USD USD
Nilai penuh (255.000.000) - Full amount
Ekuivalen (IDR) (4.104.225) - Equivalent (IDR)
JPY JPY
Nilai penuh (10.320.084.000) (2.160.000.000) Full amount
Ekuivalen (IDR) (1.063.278) (235.181) Equivalent (IDR)
Dikurangi: Less:
Lindung nilai arus kas Cashflow hedge
USD USD
Nilai penuh 255.000.000 - Full amount
Ekuivalen (IDR) 4.104.225 - Equivalent (IDR)
JPY JPY
Nilai penuh 10.320.084.000 2.160.000.000 Full amount
Ekuivalen (IDR) 1.063.278 235.181 Equivalent (IDR)
Aset neto USD Net asset USD
Dalam nilai penuh 41.201 38.889 In full amount
Dalam IDR ekuivalen 663 599 In IDR equivalent
Aset neto JPY Net asset JPY
Dalam nilai penuh - - In full amount
Dalam IDR ekuivalen -- -- In IDR equivalent
* Tidak diaudit *Unaudited
126
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
41. ASET/LIABILITAS DALAM MATA UANG ASING 41. ASSET/LIABILITY DENOMINATED IN FOREIGN
(lanjutan) CURRENCIES (continued)
Perseroan telah menerapkan kebijakan lindung nilai untuk The Company has applied hedging policy to borrowings
pinjaman yang diterima dalam mata uang asing dan/atau denominated in foreign currencies with/without floating
memiliki tingkat suku bunga mengambang (lihat Catatan 10 interest rates (see Notes 10 and 17).
dan 17).
Atas aset dan liabilitas dalam mata uang asing, jumlah For assets and liabilities denominated in foreign currency,
laba/(rugi) selisih kurs yang diakui dalam laporan laba rugi gain/(loss) on foreign exchange recognised in the statement
pada tahun 2024 sebesar Rp231 (2023: (Rp117)). of profit or loss in 2024, amounted to Rp231 (2023: (Rp117)).
42. AKTIVITAS INVESTASI NON-KAS 42. NON-CASH INVESTING ACTIVITY
2024 - 2023 -
Aktivitas investasi non-kas: Non-cash investing activity:
Pengadaan aset tak berwujud Acquisition of intangible asset which
yang masih terutang 67.582 2.249 is still payable
Pengadaan aset tetap yang masih terutang 4.877 9.587 Acquisition of fixed asset which is still payable
72.459
- 11.836
-
43. REKONSILIASI AKTIVITAS PENDANAAN BERSIH 43. NET FINANCING ACTIVITIES RECONCILIATION
Rekonsiliasi dari aktivitas pendanaan adalah sebagai Reconciliation from financing activities are as follows:
berikut:
2024
Perubahan non-kas/
Non-cash changes -
Pergerakan
beban transaksi
dan beban
Pergerakan lainnya/
valuta asing/ Changes in
Saldo awal/ Movement transaction Saldo akhir/
Beginning Arus kas/ of foreign cost and Ending
balance - Cashflow - exchange *)- other cost - balance -
Pinjaman yang diterima 9.312.972 1.341.569 2 10.923 10.665.466 Borrowings
Utang obligasi 5.885.106 483.232 - 9.492 6.377.830 Bond payables
Sukuk mudharabah 859.000 (27.170) - - 831.830 Mudharabah bonds
Liabilitas sewa 148.048 (31.249) - 21.179 137.978 Lease liabilities
Jumlah liabilitas dari Total liabilities from
aktivitas pendanaan 16.205.126
- 1.766.382
- - 2 41.594
- 18.013.104
- financing activities
* Tidak diaudit *Unaudited
127
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
43. REKONSILIASI AKTIVITAS PENDANAAN BERSIH 43. NET FINANCING ACTIVITIES RECONCILIATION
(lanjutan) (continued)
Rekonsiliasi dari aktivitas pendanaan adalah sebagai Reconciliation from financing activities are as follows:
berikut: (lanjutan) (continued)
2023
Perubahan non-kas/
Non-cash changes -
Pergerakan
beban transaksi
dan beban
Pergerakan lainnya/
valuta asing/ Changes in
Saldo awal/ Movement transaction Saldo akhir/
Beginning Arus kas/ of foreign cost and Ending
balance - Cashflow - exchange *)- other cost - balance -
Pinjaman yang diterima 5.073.084 4.268.305 (37.562) 9.145 9.312.972 Borrowings
Utang obligasi 4.999.207 880.163 - 5.736 5.885.106 Bond payables
Sukuk mudharabah 441.000 418.000 - - 859.000 Mudharabah bonds
Liabilitas sewa 168.688 (38.713) - 18.073 148.048 Lease liabilities
Jumlah liabilitas dari Total liabilities from
aktivitas pendanaan 10.681.979
- 5.527.755
- (37.562)
- 32.954
- 16.205.126
- financing activities
*) Perseroan telah menerapkan kebijakan lindung nilai untuk *) The Company has applied hedging policy to borrowings
pinjaman yang diterima dalam mata uang asing dan/atau denominated in foreign currencies with/without floating
memiliki tingkat suku bunga mengambang (lihat Catatan 10 interest rates (see Notes 10 and 17).
dan 17).
44. PROGRAM KOMPENSASI JANGKA PANJANG 44. LONG-TERM COMPENSATION PROGRAM
Pada bulan September 2023, Perseroan telah meluncurkan In September 2023, the Company has launched the new
Program Insentif Jangka Panjang (“LTIP”) dalam bentuk kas Long-Term Incentive Program (“LTIP”) in the form of cash
yang diberikan kepada Senior Executive Perseroan secara which was awarded to the Senior Executives of the Company
selektif dan akan diberikan pada bulan Juli 2025. selectively and will be granted in July 2025.
Pada tahun 2024, jumlah yang telah diakui dalam laporan In 2024, the amount already recognized in the statement of
laba rugi sebesar RpNihil (2023: Rp2.348). profit or loss amounted to RpNil (2023: 2,348).
45. LIABILITAS KONTINJENSI 45. CONTINGENT LIABILITY
Perseroan tidak memiliki liabilitas kontinjensi yang signifikan The Company does not have any significant contingent
pada tanggal 31 Desember 2024 dan 2023. liability as of 31 December 2024 and 2023.
46. KOMITMEN 46. COMMITMENT
Perseroan mengadakan perjanjian sewa sebagai berikut: The Company has lease agreement as follows:
Pihak lawan/ Item yang disewa/ Periode perjanjian/
Counterparties Leased items Period of agreement
Kantor pusat di Jakarta/ 16 September/September 2019 –
PT Permata Birama Sakti
Head office at Jakarta 15 September/September 2029
Data Centre di Jakarta/ 7 Oktober/October 2024 –
PT DCI Indonesia
Data Centre at Jakarta 6 Oktober/October 2027
Data Centre di Surabaya/ 29 April/April 2022 –
PT Telekomunikasi Indonesia Tbk
Data Centre at Surabaya 28 April/April 2025
Perseroan mengakui komitmen perjanjian sewa diatas The Company recognized rental commitment above as lease
sebagai liabilitas sewa (lihat Catatan 21). liabilities (see Note 21).
* Tidak diaudit *Unaudited
128
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. INFORMASI KEUANGAN TAMBAHAN - UNIT 47. SUPPLEMENTARY FINANCIAL INFORMATION -
SYARIAH SHARIA UNIT
2024 - 2023 -
ASET ASSETS
Kas di bank 96.112 76.285 Cash in bank
Piutang pembiayaan murabahah - bruto 15.687.681 16.160.176 Murabahah financing receivables - gross
Marjin pembiayaan murabahah yang
belum diakui (3.532.885) (3.813.899) Unearned murabahah margin
Bagian piutang pembiayaan murabahah yang Portion of murabahah financing receivables
dibiayai pihak berelasi - neto (6.266.141) (6.534.107) financed by a related party - net
Cadangan kerugian penurunan nilai (336.733) (292.108) Allowance for impairment losses
Piutang pembiayaan murabahah - neto 5.551.922 5.520.062 Murabahah financing receivables - net
Aset IMBT 1.075.770 330.547 Asset IMBT
Akumulasi penyusutan (315.068) (88.840) Accumulated depreciation
Cadangan kerugian penurunan nilai (32.210) (10.283) Allowance for impairment losses
Aset IMBT - neto 728.492 231.424 Asset IMBT - net
Beban dibayar dimuka 1.493 2.573 Prepaid expenses
Piutang dan aset lain-lain - neto 14.684 19.963 Other receivables and asset - net
JUMLAH ASET 6.392.703
- 5.850.307
- TOTAL ASSETS
LIABILITAS LIABILITIES
Dana investasi 4.192.583 3.362.417 Investment funds
Sukuk mudharabah 831.830 859.000 Mudharabah bonds
Beban yang masih harus dibayar 129.747 132.606 Accrued expenses
Liabilitas lain-lain 187.417 425.806 Other liabilities
JUMLAH LIABILITAS 5.341.577 4.779.829 TOTAL LIABILITIES
EKUITAS EQUITY
Ekuitas 1.051.126 1.070.478 Equity
JUMLAH LIABILITAS DAN EKUITAS 6.392.703
- 5.850.307
- TOTAL LIABILITIES AND EQUITY
* Tidak diaudit *Unaudited
129
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
47. INFORMASI KEUANGAN TAMBAHAN - UNIT 47. SUPPLEMENTARY FINANCIAL INFORMATION -
SYARIAH (lanjutan) SHARIA UNIT (continued)
2024 - 2023 -
PENDAPATAN INCOME
Pendapatan marjin 1.561.549 1.482.860 Margin income
Pendapatan IMBT - neto 103.347 31.328 IMBT income - net
Pendapatan lain-lain 341.173 257.271 Other income
JUMLAH PENDAPATAN OPERASIONAL 2.006.069 1.771.459 TOTAL OPERATING INCOME
Bagi hasil sukuk dan Revenue sharing for
pinjaman mudharabah (331.057) (236.204) mudharabah bonds and loans
PENDAPATAN OPERASIONAL SETELAH OPERATIONAL INCOME AFTER
DISTRIBUSI BAGI HASIL 1.675.012 1.535.255 REVENUE SHARING
BEBAN EXPENSES
Gaji dan tunjangan (524.916) (430.250) Salaries and benefits
Penyisihan kerugian penurunan nilai piutang Provision for impairment losses on
pembiayaan (546.837) (423.327) financing receivables
Umum dan administrasi (338.132) (262.074) General and administrative
Pemasaran (141.327) (134.757) Marketing
Amortisasi biaya emisi sukuk mudharabah, Amortisation of mudharabah bonds issuance,
provisi dan administrasi atas pinjaman provision, and administration expense
yang diterima (2.267) (1.065) of borrowing
Lain-lain (866) (622) Others
JUMLAH BEBAN (1.554.345) (1.252.095) TOTAL EXPENSES
LABA SEBELUM PAJAK PENGHASILAN 120.667 283.160 INCOME BEFORE INCOME TAX EXPENSE
Beban pajak penghasilan (24.760) (57.270) Income tax expense
LABA TAHUN BERJALAN 95.907
- 225.890
- NET INCOME FOR THE YEAR
* Tidak diaudit *Unaudited
130
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 589
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CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
48. SEGMEN OPERASI 48. OPERATING SEGMENT
Perseroan mengelola kegiatan usahanya dan The Company manages its business activities and identifies
mengidentifikasi segmen yang dilaporkan berdasarkan jenis its reported segments based on product categories and
produk dan wilayah geografis. Laba atau rugi dari masing- geographic area. Profit or loss from each segment is used to
masing segmen digunakan untuk menilai kinerja masing- measure performance of each segments’ information
masing segmen. Informasi yang berkaitan dengan segmen concerning the main segments are set out as follows:
usaha utama disajikan sebagai berikut:
2024 -
Barang durable
dan lainnya/
Sepeda motor/ Mobil/ Durable goods Jumlah/
Motorcycles
- Cars - and others- Total -
Pendapatan pembiayaan Consumer financing
konsumen 3.085.473 1.686.431 1.418.953 6.190.857 income
Marjin murabahah 955.608 582.322 23.619 1.561.549 Murabahah margin
Pendapatan sewa pembiayaan 363 57.854 208.238 266.455 Finance leases income
Interest expenses and financing
Beban bunga dan keuangan (504.171) (570.949) (207.478) (1.282.598) charges
Bagi hasil sukuk mudharabah (27.506) (33.343) (726) (61.575) Revenue sharing for mudharabah bonds
Laba tahun berjalan 1.484.773 448.208 742.113 2.675.094 Income for the year
Penyisihan kerugian penurunan nilai Provision for impairment losses
Pembiayaan konsumen (911.878) (521.580) (225.954) (1.659.412) Consumer financing
Pembiayaan murabahah (289.518) (213.743) (11.542) (514.803) Murabahah financing
Sewa pembiayaan (29) (9.872) (41.600) (51.501) Finance leases
Aset 10.838.990 11.976.634 5.187.949 28.003.573 Assets
Liabilitas 7.154.331 7.837.232 3.631.948 18.623.511 Liabilities
2023 -
Barang durable
dan lainnya/
Sepeda motor/ Mobil/ Durable goods Jumlah/
Motorcycles
- Cars - and others- Total -
Pendapatan pembiayaan Consumer financing
konsumen 2.883.357 1.873.156 1.285.263 6.041.776 income
Marjin murabahah 883.341 567.488 32.031 1.482.860 Murabahah margin
Pendapatan sewa pembiayaan 511 50.859 96.492 147.862 Finance leases income
Interest expenses and financing
Beban bunga dan keuangan (360.394) (471.353) (137.862) (969.609) charges
Bagi hasil sukuk mudharabah (13.546) (15.882) (555) (29.983) Revenue sharing for mudharabah bonds
Laba tahun berjalan 1.613.197 942.840 705.235 3.261.272 Income for the year
Penyisihan kerugian penurunan nilai Provision for impairment losses
Pembiayaan konsumen (745.078) (305.772) (164.336) (1.215.186) Consumer financing
Pembiayaan murabahah (191.017) (208.586) (13.609) (413.212) Murabahah financing
Sewa pembiayaan (75) (5.467) (13.714) (19.256) Finance leases
Aset 10.962.683 12.888.111 3.880.479 27.731.273 Assets
Liabilitas 6.755.215 7.924.202 2.473.001 17.152.418 Liabilities
* Tidak diaudit *Unaudited
131
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Page 593
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
48. SEGMEN OPERASI (lanjutan) 48. OPERATING SEGMENT (continued)
Berikut adalah informasi yang berkaitan dengan segmen usaha utama The following tables present information concerning the main segments based on
berdasarkan wilayah geografis: geographic area:
2024 -
Bali dan
Nusa Tenggara/
Jabodetabekser/ Jawa Barat/ Jawa Tengah/ Jawa Timur/ Sumatera/ Kalimantan/ Sulawesi/ Bali and Jumlah/
Jabodetabekser
- West Java
- Central Java
- East Java
- Sumatera
- Kalimantan
- Sulawesi- Nusa Tenggara
- Total -
Pendapatan pembiayaan
konsumen 1.718.341 563.631 501.962 435.519 1.254.685 634.316 637.501 444.902 6.190.857 Consumer financing income
Marjin murabahah 251.446 140.706 128.280 129.723 359.697 86.054 440.350 25.293 1.561.549 Murabahah margin
Pendapatan sewa
pembiayaan 136.555 8.282 15.914 9.227 61.102 15.134 18.505 1.736 266.455 Finance leases income
Beban bunga dan Interest expenses and
keuangan (347.746) (89.573) (100.340) (98.024) (269.514) (104.864) (194.521) (78.016) (1.282.598) financing charges
Bagi hasil sukuk Revenue sharing for
mudharabah (11.886) (6.064) (4.998) (4.995) (11.440) (1.702) (19.662) (828) (61.575) mudharabah bonds
Beban penyusutan (1.497) (1.277) (1.337) (1.060) (1.999) (1.138) (1.815) (661) (10.784) Depreciation expenses
Laba tahun berjalan 836.769 237.937 212.125 136.693 501.590 264.470 333.538 217.519 2.740.641 Income for the year
Penyisihan Provision for
kerugian penurunan nilai impairment losses
Pembiayaan konsumen (450.513) (155.211) (158.661) (127.558) (368.464) (159.883) (158.427) (80.695) (1.659.412) Consumer financing
Pembiayaan murabahah (95.276) (58.117) (40.262) (51.624) (112.680) (17.539) (129.838) (9.467) (514.803) Murabahah financing
Sewa pembiayaan (14.884) (2.787) (5.145) (3.201) (12.995) (3.359) (8.459) (671) (51.501) Finance leases
Aset 7.860.059 1.972.627 2.247.957 2.152.347 5.794.807 2.210.676 4.113.785 1.832.813 28.185.071 Assets
Liabilitas 5.265.975 1.278.974 1.487.759 1.417.104 3.850.228 1.503.412 2.599.064 1.219.972 18.622.488 Liabilities
*Tidak diaudit *Unaudited
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
48. SEGMEN OPERASI (lanjutan) 48. OPERATING SEGMENT (continued)
Berikut adalah informasi yang berkaitan dengan segmen usaha utama The following tables present information concerning the main segments based on
berdasarkan wilayah geografis: (lanjutan) geographic area: (continued)
2023 -
Bali dan
Nusa Tenggara/
Jabodetabekser/ Jawa Barat/ Jawa Tengah/ Jawa Timur/ Sumatera/ Kalimantan/ Sulawesi/ Bali and Jumlah/
Jabodetabekser
- West Java
- Central Java
- East Java
- Sumatera
- Kalimantan
- Sulawesi- Nusa Tenggara
- Total -
Pendapatan pembiayaan
konsumen 1.611.009 530.075 471.408 433.340 1.326.876 611.991 677.234 379.843 6.041.776 Consumer financing income
592 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Marjin murabahah 249.750 119.192 110.902 128.606 334.301 59.242 463.858 17.009 1.482.860 Murabahah margin
Pendapatan sewa
pembiayaan 80.119 4.849 3.662 8.017 34.981 7.084 7.170 1.980 147.862 Finance leases income
Beban bunga dan Interest expenses and
keuangan (222.363) (60.164) (67.631) (76.449) (227.581) (85.777) (173.290) (56.354) (969.609) financing charges
Bagi hasil sukuk Revenue sharing for
mudharabah (5.045) (2.325) (2.071) (2.651) (5.352) (819) (11.427) (293) (29.983) mudharabah bonds
Beban penyusutan (2.113) (2.092) (1.845) (1.450) (3.264) (1.329) (2.325) (843) (15.261) Depreciation expenses
Laba tahun berjalan 978.601 273.513 243.856 190.865 684.148 271.048 487.841 189.903 3.319.775 Income for the year
Pemulihan/(penyisihan) Reversal/(provision) for
kerugian penurunan nilai impairment losses
Pembiayaan konsumen (317.811) (122.545) (116.129) (100.990) (282.154) (111.903) (96.927) (66.727) (1.215.186) Consumer financing
Pembiayaan murabahah (64.213) (44.976) (26.191) (43.483) (73.198) (11.298) (143.113) (6.740) (413.212) Murabahah financing
Sewa pembiayaan (5.703) (1.764) (2.763) 105 (8.835) 1.436 (1.708) (24) (19.256) Finance leases
Aset 7.243.154 1.952.529 2.059.675 2.143.270 6.100.051 2.357.937 4.480.566 1.680.182 28.017.364 Assets
Liabilitas 4.496.207 1.193.095 1.258.205 1.317.661 3.767.421 1.475.924 2.642.954 1.044.538 17.196.005 Liabilities
*Tidak diaudit *Unaudited
133
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PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
48. SEGMEN OPERASI (lanjutan) 48. OPERATING SEGMENT (continued)
Berikut adalah rekonsiliasi laba neto, aset dan liabilitas untuk The reconciliation of net income, assets and liabilities for
segmen dilaporkan berdasarkan jenis produk: reportable segments based on product categories as follows:
2024 - 2023 -
Laba untuk segmen dilaporkan 2.675.094 3.261.272 Income for reportable segments
Jumlah yang tidak dialokasikan (1.268.412) (1.317.225) Unallocated amounts
Laba tahun berjalan 1.406.682
- 1.944.047
- Income for the year
Aset untuk segmen dilaporkan 28.003.573 27.731.273 Assets for reportable segments
Jumlah yang tidak dialokasikan 4.584.618 3.275.949 Unallocated amounts
Aset 32.588.191
- 31.007.222
- Assets
Liabilitas untuk segmen dilaporkan 18.623.511 17.152.418 Liabilities for reportable segments
Jumlah yang tidak dialokasikan 2.408.936 2.742.618 Unallocated amounts
Liabilitas 21.032.447
- 19.895.036
- Liabilities
Berikut adalah rekonsiliasi laba neto, aset dan liabilitas untuk The reconciliation of net income, assets and liabilities for
segmen dilaporkan berdasarkan wilayah geografis: reportable segments based on geographic area as follows:
2024 - 2023 -
Laba untuk segmen dilaporkan 2.740.641 3.319.775 Income for reportable segments
Jumlah yang tidak dialokasikan (1.333.959) (1.375.728) Unallocated amounts
Laba tahun berjalan 1.406.682
1 1.944.047
1 Income for the year
Aset untuk segmen dilaporkan 28.185.071 28.017.364 Assets for reportable segments
Jumlah yang tidak dialokasikan 4.403.120 2.989.858 Unallocated amounts
Aset 32.588.191 31.007.222
1 Assets
Liabilitas untuk segmen dilaporkan 18.622.488 17.196.005 Liabilities for reportable segments
Jumlah yang tidak dialokasikan 2.409.959 2.699.031 Unallocated amounts
Liabilitas 21.032.447
1 19.895.036
1 Liabilities
49. SALING HAPUS 49. OFFSETTING
Pada tanggal 31 Desember 2024 dan 2023, tidak terdapat As of 31 December 2024 and 2023, there is no financial
aset dan liabilitas keuangan yang saling hapus pada laporan assets and liabilities that are subject to offsetting in the
posisi keuangan. statements of financial position.
Perseroan memiliki surat berharga yang diterbitkan yang The Company has securities issued collaterised by fiduciary
dijamin dengan fidusia atas piutang pembiayaan konsumen of consumer and murabahah financing receivable (see Notes
dan murabahah (lihat Catatan 5 dan 6), yang menjadi subyek 5 and 6), which are subject to enforceable netting
untuk memenuhi netting arrangements dan perjanjian arrangements and similar agreements, that are not set off in
serupa, yang tidak saling hapus pada laporan posisi the statements of financial position.
keuangan.
*Tidak diaudit *Unaudited
134
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 593
Page 596
PT ADIRA DINAMIKA MULTI FINANCE Tbk
CATATAN ATAS LAPORAN KEUANGAN NOTES TO THE FINANCIAL STATEMENTS
Pada tanggal 31 Desember 2024 dan 2023, As of 31 December 2024 and 2023,
untuk tahun-tahun yang berakhir pada tanggal tersebut for the years then ended
(Disajikan dalam jutaan Rupiah, (Expressed in millions of Rupiah,
kecuali dinyatakan lain) unless otherwise stated)
49. SALING HAPUS (lanjutan) 49. OFFSETTING (continued)
Perseroan memiliki aset dan liabilitas keuangan derivatif The Company has derivative assets and liabilities that are
yang tunduk pada perjanjian induk untuk menyelesaikan subject to enforceable master netting arrangements whereas
secara neto, dimana perjanjian antara Perseroan dan pihak the agreement between the Company and the counterparty
counterparty memperbolehkan penyelesaian neto atas aset allows for net settlement of the relevant financial assets and
dan liabilitas keuangan tersebut ketika kedua pihak memilih liabilities when both elect to settle on a net basis. Otherwise,
untuk menyelesaikan dengan dasar neto. Ketika kedua financial assets and liabilities will be settled on a gross basis.
pihak tidak memilih untuk menyelesaikan secara neto, aset However, each party to the master netting agreement will
dan liabilitas keuangan diselesaikan dengan dasar bruto, have the option to settle such amount on a net basis in the
akan tetapi masing-masing pihak dalam perjanjian induk event of default of the other party.
mempunyai opsi untuk menyelesaikan jumlah-jumlah
tersebut dengan dasar neto pada peristiwa di mana terjadi
gagal bayar salah satu pihak.
50. STANDAR AKUNTANSI YANG TELAH DISAHKAN 50. ACCOUNTING STANDARD ISSUED BUT NOT YET
NAMUN BELUM BERLAKU EFEKTIF EFFECTIVE
Dewan Standar Akuntansi Keuangan (DSAK) telah Financial Accounting Standards Board (DSAK) has issued
menerbitkan standar baru, amandemen dan interpretasi the following new standards, amendments and
berikut, namun belum berlaku efektif untuk tahun buku yang interpretations, but not yet effective for the financial year
dimulai pada 1 Januari 2024 sebagai berikut: beginning 1 January 2024 as follows:
• PSAK 117 "Kontrak Asuransi" • SFAS 117 "Insurance Contracts"
• Amandemen PSAK 221 "Pengaruh Perubahan Kurs • Amendment to SFAS 221 "Effect of Changes in Foreign
Valuta Asing" Exchange Rates”
Standar tersebut akan berlaku efektif pada 1 Januari 2025. The above standards will be effective on 1 January 2025.
• Amandemen dan Penyesuaian Tahunan PSAK 109 • Amendment to and Annual Improvement SFAS 109
"Instrumen Keuangan" “Financial Instruments”
• Amandemen PSAK 107 "Instrumen Keuangan: • Amendment to and Annual Improvement SFAS 107
Pengungkapan" “Financial Instruments: Disclosure”
• Penyesuaian Tahunan PSAK 110 "Laporan • Annual Improvement SFAS 110 “Consolidated Financial
Keuangan Konsolidasian" Statements”
• Penyesuaian Tahunan PSAK 207 "Laporan Arus • Annual Improvement SFAS 207 “Statement of Cash
Kas" Flows”
Standar tersebut akan berlaku efektif pada 1 Januari 2026. The above standards will be effective on 1 January 2026.
• PSAK 413 "Penurunan Nilai" • SFAS 413 "Impairment Losses"
Standar tersebut akan berlaku efektif pada 1 Januari 2027. The above standards will be effective on 1 January 2027.
Pada saat penerbitan laporan keuangan Perseroan masih As at the authorisation date of these financial statements, the
mengevaluasi dampak yang mungkin timbul dari penerapan Company is still evaluating the potential impact of these new
standar baru dan revisi tersebut pada laporan keuangan and revised standards to the Company’s financial
Perseroan. statements.
51. PERISTIWA SETELAH TANGGAL NERACA 51. SUBSEQUENT EVENTS
Perseroan telah melaksanakan penawaran umum atas The Company has conducted a public offering of Adira
Obligasi Berkelanjutan VI Adira Finance Tahap V Tahun Finance Continuing Bonds VI Phase V Year 2025 on 10 and
2025 pada tanggal 10 dan 11 Februari 2025 dengan jumlah 11 February 2025 with total principal amount of the bonds
pokok obligasi sebesar Rp2.066.993.000.000 (nilai penuh). amounted to Rp2,066,993,000,000 (full amount).
*Tidak diaudit *Unaudited
135
594 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 597
PT ADIRA DINAMIKA MULTI FINANCE Tbk
INFORMASI KEUANGAN TAMBAHAN SUPPLEMENTARY FINANCIAL INFORMATION
(TIDAK DIAUDIT) (UNAUDITED)
31 Desember 2024 dan 2023 31 December 2024 and 2023
RASIO - RASIO KEUANGAN OTORITAS JASA FINANCIAL RATIOS OF FINANCIAL SERVICES
KEUANGAN AUTHORITY
Berdasarkan POJK No. 35/POJK.05/2018 tanggal Based on POJK No. 35/POJK.05/2018 dated
27 Desember 2018 tentang Penyelenggaraan Usaha 27 December 2018 regarding the Business Operation of
Perusahaan Pembiayaan, Perseroan diharuskan untuk Financing Company, the Company is required to comply with
memenuhi sejumlah rasio keuangan tertentu. Rasio-rasio ini several financial ratios. These ratios have been prepared by the
dibuat oleh Perseroan berdasarkan formula sebagaimana Company based on the formula as prescribed in the OJK
ditentukan dalam peraturan OJK untuk tujuan kepatuhan regulation for regulatory compliance purposes, where such
terhadap peraturan, dimana rasio tersebut dapat berbeda jika ratios might differ had the ratios been computed based on
rasio tersebut dihitung berdasarkan standar akuntansi keuangan Indonesian financial accounting standards.
Indonesia.
Berikut ini adalah rasio-rasio keuangan berdasarkan Peraturan The following are the financial ratios based on OJK Regulation:
OJK:
2024 2023
Financing to asset ratio 85,73% 89,16% Financing to asset ratio
Rasio saldo piutang pembiayaan neto terhadap
total pendanaan yang diterima 156,29% 172,17% Net financing receivables to funding ratio
Rasio saldo piutang pembiayaan untuk
pembiayaan investasi dan modal kerja
dibandingkan dengan total saldo piutang Financing receivables for investment and working
pembiayaan 21,84% 23,84% capital financing to total financing receivables ratio
Rasio piutang pembiayaan bermasalah (NPF) 0,34% 0,49% Non-performing financing (NPF) ratio
Rasio permodalan 44,90% 45,01% Capital ratio
Gearing ratio 1,74 x 1,50x Gearing ratio
Rasio ekuitas terhadap modal disetor 11.556% 11.112% Equity to paid up capital ratio
PENGUNGKAPAN KOLEKTIBILITAS INFORMATION ON COLLECTABILITY
a. Piutang pembiayaan konsumen a. Consumer financing receivables
Pengelompokan piutang pembiayaan konsumen bruto The breakdown of gross consumer financing receivables
menurut jumlah hari tunggakan adalah sebagai berikut: based on overdue days are as follows:
2024 - 2023 -
Lancar (0-10 hari) 41.918.584 43.278.867 Current (0-10 days)
Dalam perhatian khusus (11-90 hari) 10.775.704 10.311.862 Special mention (11-90 days)
Kurang lancar (91-120 hari) 361.991 353.020 Substandard (91-120 days)
Diragukan (121-180 hari) 672.181 606.222 Doubtful (121-180 days)
Piutang pembiayaan konsumen - bruto 53.728.460
1 54.549.971 Consumer financing receivables - gross
b. Piutang pembiayaan murabahah b. Murabahah financing receivables
Pengelompokan piutang pembiayaan murabahah bruto The breakdown of gross murabahah financing receivables
menurut jumlah hari tunggakan adalah sebagai berikut: based on overdue days are as follows:
2024 - 2023 -
Lancar (0-10 hari) 12.208.018 12.912.647 Current (0-10 days)
Dalam perhatian khusus (11-90 hari) 3.171.405 2.967.481 Special mention (11-90 days)
Kurang lancar (91-120 hari) 109.032 103.689 Substandard (91-120 days)
Diragukan (121-180 hari) 199.226 176.359 Doubtful (121-180 days)
Piutang pembiayaan murabahah - bruto 15.687.681
1 16.160.176
1 Murabahah financing receivables - gross
*Tidak diaudit *Unaudited
136
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 595
Page 598
PT ADIRA DINAMIKA MULTI FINANCE Tbk
INFORMASI KEUANGAN TAMBAHAN SUPPLEMENTARY FINANCIAL INFORMATION
(TIDAK DIAUDIT) (UNAUDITED)
31 Desember 2024 dan 2023 31 December 2024 and 2023
PENGUNGKAPAN KOLEKTIBILITAS (lanjutan) INFORMATION ON COLLECTIBILITY (continued)
c. Piutang sewa pembiayaan c. Finance lease receivables
Pengelompokan piutang sewa pembiayaan bruto menurut The breakdown of gross finance lease receivables based
jumlah hari tunggakan adalah sebagai berikut: on overdue days are as follows:
2024 - 2023 -
Lancar (0-10 hari) 2.235.633 1.527.941 Current (0-10 days)
Dalam perhatian khusus (11-90 hari) 265.659 156.096 Special mention (11-90 days)
Kurang lancar (91-120 hari) 3.315 2.336 Substandard (91-120 days)
Diragukan (121-180 hari) 6.039 2.781 Doubtful (121-180 days)
Piutang sewa pembiayaan - bruto 2.510.646
1 1.689.154
1 Finance lease receivables - gross
*Tidak diaudit *Unaudited
137
596 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 599
LIST OF DISCLOSURE BASED ON
POJK NO.51/POJK.03/2017 &
GRI content index with reference [SEOJK G.4]
No. Index Name of Index Pages
Sustainability Strategy
A.1 Explanation on Sustainability Strategies 384
Overview of Sustainability Aspects Performance
B.1 Economy Aspects 23
B.2 Environmental Aspects 23
B.3 Social Aspects 23
Company Profile
C.1 Vission, Mission, Sustainable Values 70-71
[2-6]
C.2 Company Address 59
[2-1]
[2-3]
C.3 Business Scale: 59; 72; 123; 133; 424
[2-1] a. Total assets or assets capitalizationm and total liabilities;
[2-7] b. Total employee based on gender, position, age, education and employment status;
[2-8] c. Percentage of share ownership; and
d. Operational area.
C.4 Product, Service and Business Activities 59; 66
[2-1]
[2-6]
C.5 Member Association 67
[2-28]
C.6 Significant Changes 132; 391
[2-2]
[2-4]
Director Explanation
D.1 Director Explanation 32-38; 42-52
[2-22]
Sustainable Corporate Governance
E.1 Person in Charge Responsibility for Sustainable Finance 54; 55; 244; 384
[2-14]
E.2 Sustainable Finance Competency Development 245
[2-17]
E.3 Sustainable Finance Risk Assessment Implementation 331
[2-18]
E.4 Stakeholders Relations 387-388
[2-29]
E.5 Sustainable Finance Implementation Problems 407
[2-25]
GENERAL STANDARD DISCLOSURE 2021 [ Governance]
2-9 Governance Structure and Composition 222
2-10 Nomination and selection of the highest governance body 278; 279
2-11 Chair of the highest governance body 279
2-12 Role of the highest governance body in overseeing the management of impacts. 387
2-13 Delegation of responsibility for managing impacts 387
2-15 Conflicts of interest 330
2-16 Communication of critical concerns 352
2-19 Remuneration policies 281
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 597
Page 600
No. Index Name of Index Pages
2-20 Process to determine remuneration 281
2-21 Annual total compensation ratio. 283
GENERAL STANDARD DISCLOSURE 2021 [Strategy, policies and practices]
2-23 Policy commitments 384
2-24 Embedding policy commitments. 384
2-26 Mechanisms for seeking advice and raising concerns. 354
2-27 Compliance with laws and regulations 330
Sustainable Performance
F.1 The Activities of Building a Culture of Sustainability 385-386
GRI 3: Material Topics 2021
3-1 Process to determine material topics 387; 390; 391
3-2 List of material topics 391
Economic Performance
F.2 Comparison of Production Targets and Performance, Portfolio, Financial Targets, or 13
Investment, Revenue and Profit
F.3 Comparison of Portfolio Targets and Performance, Financing Targets, or Investments 15; 397
in Financial Instruments or Projects in Line With the Implementation of Sustainable
Finance
GRI 3: Material Topics 2021
3-3 Management of material topics 210-211
GRI 201: Economic Performance 2016
201-1 Direct Economic Value Generated and Distributed 211
GRI 3: Material Topics 2021
3-3 Pengelolaan topik-topik material | Management of material topics 390
GRI 203: Indirect Economic Impact 2016
203-2 Significant Indirect Economic Impacts 394
Environmental Performance
F.4 Environment Cost Incurred 410
Material Aspect
F.5 Use of Environmentally Friendly Materials 409
Aspek Energi
F.6 The Amount and Intensity of Energy Used 409
F.7 Efforts and Achievement of Energy Efficiency Including Use of Renewable Energy 409
Sources
GRI 3: Material Topics 2021
3-3 Management of material topics 408
GRI 302: Energy 2016
Energy Consumption Within the Organization 409
302-1
Water Aspect
F.8 Water Used 409
Biodiversity Aspect
F.9 Impacts from Operational Areas Close to or in Conservation Areas or Having Adira Finance’s operational
Biodiversity areas are not located in
conservation areas.
F.10 Biodiversity Conservation Efforts 408
Emission Aspect
F.11 The Amount and Intensity of Emissions Produced by Type 409
F.12 Efforts and Achievement Emission Reduction Carried Out 410
598 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 601
No. Index Name of Index Pages
GRI 3: Material Topics 2021
3-3 Management of material topics 406
GRI 305: Emission 2016
305-1 Direct GHG Emissions (Scope1) 409
Waste and Effluent Aspect
F.13 The Amount of Waste and Effluent Produced by Type 409
F.14 Mechanism of Waste and Effluent Management 408
F.15 Spills that Occur (if any) -
Environmental Complaint Aspect
F.16 The Amount and Material of Environmental Complaints Received and Resolved There are no complaints of
environmental problems
Social Aspect
F.17 Commitment to Provide Services for Equivalent Products and/or Services to 4111; 413
Consumers
Employment Aspect
F.18 Equality of Employment Opportunities 178
F.19 Child Labor and Forced Labor 400
F.20 The Regional Minimum Wage -
F.21 Decent and Safe Working Environment 177; 398
F.22 Training and Capacity Building of Employees 124; 137; 174
[404-2]
GRI 3: Material Topics 2021
3-3 Management of material topics 167
GRI 401: Employment 2016
401-1 New Employee Hires and Employee Turnover 172; 177; 400; 401
401-2 Benefits Provided to Full-time Employees That Are Not Provided to Temporary or Part- 173; 177; 403
Time Employees
403-1 Occupational Health and Safety Management System 398
403-5 Worker Training On Occupational Health and Safety 404
403-6 Promotion of Worker Health 404
403-9 Work-related injuries 405
404-1 Average hours of training per year per employee 401
Society Aspect
F.23 Operational Impacts to the Surrounding Community 392
F.24 Public Complaints 393
F.25 Environmental and Social Responsibility Activities 392; 394
[413-1]
Responsibilities for Developing Sustainable Products/Services
F.26 Innovation and Development of Sustainable Financial Products and/or Services 159
F.27 Products/Services that have been Evaluated for Safety for Customers 346; 412
F.28 Products/Service Impacts 414
F.29 Number of Products Recalled 414
F.30 Customer Satisfaction Survey of Sustainable Finance and/or Services 413
Lain-lain
G.1 Written Verification from an Independent Party (if any) 390
[2-5]
G.2 Feedback Form 600-601
G.3 Feedback on Previous Year’s Sustainability Report No feedback from previous
Sustainability Reports
G.4 Disclosure List Based on POJK No.51/POJK.03/2017 regarding the Implementation of 597-599
Sustainable Finance for Financial Services Institutions, Listed Companies and Public
Companies
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 599
Page 602
FEEDBACK FORM [SEOJK G.2]
Thank you for your attention and appreciation on our Sustainability Report.
To improve our next report, please let us know what you think about the report by filling in the
questionnaire below, and return this feedback form to us. Your views, and critics are very much
welcomed and appreciated.
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commitment and its policy
2 This report provides a good
overview on Adira Finance
performance in its pursuit to
reach sustainable development
3 This report is easy to understand
4 The report provides enough detail
of information
5 This report has sufficient
accountability
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600 2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK
Page 603
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PT Adira Dinamika Multi Finance Tbk
Gedung Millennium Centennial Center, Lantai 53-61
Jl. Jend. Sudirman Kav. 25,
Jakarta Selatan 12920, Indonesia
Tel. : (62-21) 3973-3322/3232
Faks. : (62-21) 3973-4949
E-mail : af.corsec@adira.co.id
Website : www.adira.co.id
2024 ANNUAL REPORT PT ADIRA DINAMIKA MULTI FINANCE TBK 601
Page 604
annua l rep ort 2024 BALANCING GROWTH: Strategic Adaptations in a Dynamic Market PT Adira Dinamika Multi Finance Tbk Gedung Millenium Centennial Center, Lantai 53, 56-61 Jl. Jend. Sudirman Kav. 25, Jakarta Selatan 12920 Indonesia Phone : (62-21) 3973-3322/3232, Facsimile : (62-21) 3973-4949 E-mail : af.corsec@adira.co.id Website : www.adira.co.id
Names mentioned 157 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Financial Services Authority
p.17 ×11
unresolved
org
Indonesia Stock Exchange
p.19 ×4
unresolved
org
Bank Indonesia
p.36 ×6
unresolved
org
PT Zurich
p.39
unresolved
org
Bank Indonesia Regulation
p.51
unresolved
org
Danamon Indonesia Tbk
p.52 ×3
unresolved
org
PT Zurich General Takaful
p.52
unresolved
org
Capital Management Framework
p.53
unresolved
person
Takanori Customer-Centric Culture
p.53
unresolved
person
Jin
p.53
unresolved
person
Misahardi Wilamarta
· Notaris
p.61
unresolved
org
Minister of Justice
p.61 ×2
unresolved
org
South Jakarta District Court
p.61
unresolved
org
Bapepam
p.64 ×2
unresolved
org
Minister of Law and Human Rights
p.65 ×2
unresolved
person
Fathiah Helmi
p.65
unresolved
org
Minister of Law and Human Register
p.65
unresolved
org
PT Adira
p.65
unresolved
org
Dinamika Multi Finance Tbk
p.65
unresolved
person
Mukti
p.65
unresolved
org
Minister of Law
p.65 ×2
unresolved
org
PT Mandala Multifinance Rating BBB
p.67
unresolved
person
Mala Mukti
· Notaris
p.68
unresolved
person
Renewed
· Member
p.69 ×4
unresolved
org
PT Adira Dinamika
p.69
unresolved
org
Wheel Multi Finance Tbk
p.69
unresolved
person
H. Head Of SSD Head Of E-Bike
p.70
unresolved
person
H. Head SSD Business Requirement
p.70
unresolved
—
Reappointed
· President Commissioner
p.76 ×6
unresolved
org
Ministry of Finance
p.76
unresolved
org
PT Brilian Indah Gemilang
p.77 ×2
unresolved
org
PT Chub Syariah Insurance
p.77 ×2
unresolved
org
PT Adira Finance
p.77
unresolved
org
PT BNI Life Insurance
p.77
unresolved
org
PT Jaya Proteksi Takaful
p.77
unresolved
org
PT Mahaka Group
p.77
unresolved
org
Deposit Insurance Corporation
p.77
unresolved
org
Minister of Finance
p.77
unresolved
org
PT Sanwa BRI Leasing
p.77
unresolved
org
PT Berdayakan Usaha Indonesia
p.78 ×2
unresolved
org
PT Asuransi Adira Dinamika
p.78
unresolved
org
PT Pemeringkat Efek Indonesia
p.78 ×2
unresolved
org
PT Multinational Finance Corporation
p.78
unresolved
org
Must Be Company Limited
p.79 ×2
unresolved
org
Frasers Hospitality International Pte. Ltd
p.79
unresolved
org
ALPS Pte. Ltd
p.79
unresolved
org
Healthcare Supply Chain Pte. Ltd
p.79
unresolved
org
TSI Tech Pte. Ltd.
p.79 ×2
unresolved
org
Transmex Systems International Pte. Ltd.
p.79 ×2
unresolved
org
Frasers Australand Pty. Ltd
p.79
unresolved
org
Vanda I Investments Pte. Ltd
p.79
unresolved
org
Frasers Property Limited
p.79
unresolved
org
Frasers Centrepoint Limited
p.79
unresolved
org
Ezra Holdings Ltd.
p.79
unresolved
org
Children’s Hospital Pte. Ltd.
p.79
unresolved
org
Heliconia Capital Management Pte. Ltd
p.79
unresolved
org
Breweries Ltd
p.79
unresolved
org
Hup Soon Global Corp. Ltd.
p.79
unresolved
org
Singapore Health Services Pte. Ltd.
p.79
unresolved
org
Hour Glass Ltd.
p.79
unresolved
org
OpenNet Pte. Ltd.
p.79
unresolved
org
Frasers Centrepoint Asset Management Ltd.
p.79
unresolved
org
MCL Land Ltd.
p.79
unresolved
org
Carriage Ltd.
p.79
unresolved
org
Ayudhya Capital Services Co., Ltd.
p.80 ×2
unresolved
org
Bank PCL
p.80
unresolved
org
Broadband Multimedia Tbk
p.81 ×2
unresolved
org
Bank Lippo Tbk
p.81 ×8
unresolved
org
CT Corporation
p.83
unresolved
org
PT United City Bank
p.83
unresolved
org
PT Sompo Insurance Indonesia
p.84 ×2
unresolved
org
Maybank Indonesia Tbk
p.84 ×2
unresolved
org
Indonesia Tbk
p.84
unresolved
org
PT Asuransi Allianz Life Indonesia
p.84
unresolved
org
Internal Audit ABN AMRO Bank N.V.
p.84
unresolved
org
PT ING Barings Indonesia
p.84
unresolved
org
PT. Cipta Piranti Tehnik
p.84
unresolved
org
Yayasan Pendidikan Internal Audit
p.84
unresolved
org
PT Bank Aceh Syariah
p.87
unresolved
org
Bank ICB Bumiputera Tbk
p.87 ×2
unresolved
org
Dow Jones Telerate Pte Ltd
p.87
unresolved
org
Bank PDFCI
p.87
unresolved
org
Bank Danamon Competency
p.87
unresolved
org
Bank BTN Recovery Team Certification
p.87
unresolved
org
Tunas Ridean Tbk
p.90 ×2
unresolved
org
PT Heinz ABC Indonesia
p.90
unresolved
org
PT Mattel Indonesia
p.90
unresolved
org
PT Indesso Promatama
p.92 ×2
unresolved
org
PT DISA
p.92 ×2
unresolved
org
Agritrade International Pte Ltd
p.92
unresolved
org
PT Total Sinergy International
p.92
unresolved
org
PT Darmex Agro
p.92
unresolved
org
Lippo E-Net Tbk
p.92 ×4
unresolved
org
Lippo Life Tbk
p.92 ×6
unresolved
org
PT Asuransi AIG Lippo
p.92
unresolved
org
PT Home Credit Indonesia
p.93 ×2
unresolved
org
Sumalindo Lestari Jaya Tbk
p.94 ×2
unresolved
org
PT Astra International Tbk-Automotive Division
p.94
unresolved
org
PT Mandiri Pakar Sakti
p.95
unresolved
org
PT Sinar Galesong Pratama
p.95
unresolved
org
PT Indomobil Suzuki International
p.95
unresolved
org
PT Istana Mitra Sendani
p.96
unresolved
org
PT Viar Motor Indonesia
p.96
unresolved
org
PT Kencana Laju Mandiri
p.96
unresolved
org
PT Astra Honda Motor
p.96
unresolved
org
PT Indonesian Financing Professional Certification Affiliate Relationship
p.96
unresolved
org
BFI Finance Tbk
p.98 ×2
unresolved
person
Swandajani
· Director
p.231
unresolved
person
Niko
· Director
p.231
unresolved
person
Sigit
· Director
p.231
unresolved
person
Sylvanus
· Director
p.231
unresolved
person
Prof. Dr. H. Noor Achmad
· Anggota
p.477
unresolved
person
Dr. Rini Fatma Kartika
· Anggota
p.477 ×2
unresolved
person
Restiana Ie Tjoe Linggadjaya
· Anggota
p.477
unresolved
person
Rio Erriad
· Anggota
p.477
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